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Cryptocurrencies

17 December 2018

Cryptocurrencies

Tomasz Wisniewski

Tomasz Wisniewski

Bitcoin: on track to our target

We’re keeping an eye on bitcoin once again this week. We analysed the top cryptocurrency a week ago, and unsurprisingly, we were right! At the time of writing my previous piece, bitcoin was above 3,400 USD and we had a bearish outlook, saying that we should go much lower than this, having one particular target in mind.
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10 December 2018

Cryptocurrencies

Tomasz Wisniewski

Tomasz Wisniewski

Bitcoin: this year will end differently than in 2017

Time to deal with bitcoin again. I last mentioned this instrument on the 19th of November, when the price was slightly above 5,200 USD. We had a fresh sell signal after the breakout of the 6,000 USD support. Our analysis was spot on, the price fell like a rock! It has now been almost a month. Has anything changed here?
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19 November 2018

Cryptocurrencies

Tomasz Wisniewski

Tomasz Wisniewski

Bitcoin: don’t say we didn’t warn you!

Bitcoin was last mentioned here on the 29th of October. Back then, we were locked in a sideways trend and said that a breakout of a certain support should bring us a sell signal. You probably know that we are currently sitting at yearly lows. So guess what? That analysis was spot on!
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29 October 2018

Cryptocurrencies

Tomasz Wisniewski

Tomasz Wisniewski

Bitcoin staying put for now

Today, we have a kind of funeral here as we analyse an instrument that unfortunately seems to have died about two weeks ago: bitcoin. On the 15th of October, we had a huge rise (which was later partially retraced), and I think that this led to the lack of volatility we’ve seen over the following weeks. BTC’s volatility has all but disappeared. One of the most popular features of this cryptocurrency is gone.
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10 September 2018

Cryptocurrencies

Tomasz Wisniewski

Tomasz Wisniewski

Still no demand for bitcoin

Let's start Monday with a quick look at the cryptocurrency market, with bitcoin serving as the most popular representative. We can see that BTC is smoothly falling down, almost like a leaf in autumn. Is there any hope that crypto traders will be popping champagne bottles again anytime soon?
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