Get shorty: Bitcoin

I’m starting to see a nice short setup here across the major Bitcoin exchanges. The thing that caught my attention was the period price rallied from $450-$650. You can see it losing steam on decreasing volume, than failing to put in new highs. Imagine this like throwing a ball in the air. The closer to … 

 

Decision 2014

Alright everyone. I want your opinion on the volume of this broader period chart. I realize there are complexities with gox issues and other exchanges. While relevant (that analysis is still forthcoming), my early indication is that it may not be very significant historically. I’ve stared at a good amount of charts and tape, and … 

 

Bitcoins: What you need to know

Bitcoin had a monumental year in 2013. We may be seeing an ‘early majority’ adoption of cryptocurrency happening before our eyes. In any case, if you’re just joining the BTC party, there’s a couple of things you should know. By the way, I’m no chart master and my levels are eyeballed here… don’t trade them. …