bullish

Bitcoin comeback for another bullish round

June 29, 2015 7:00 pm Published by Leave your thoughts

Almost two weeks ago I predicted that the BTC/USD pair would continue to grow and I set my target level around the 253 area. (I know, I said 254.206, but it’s always a good idea to set your TP just a little bit lower). Today, on the 29’th of June, 2015 the target was reached and yet another successful trade has now been closed. The only thing that will keep bugging me is the fact that I couldn’t wait a few days into the evident correction and jumped on the train too early. Clear bullish signals from Bitcoin There’s no... View Article

Middle part of March 2015 Bitcoin vs USD Analysis and what to expect from the market

March 17, 2015 2:40 pm Published by 1 Comment

Our patience has paid off It’s the middle part of March 2015 right now, the sun is shining and signs of a long winter are slowly fading away. The beginning of spring seems to have helped Bitcoin reach equilibrium against the US dollar. We have closed quite a few long positions since our last Bitcoin related article and now it’s time to sit back and observe the market a little closer because we are bound to have some drawback right about now.   Bitcoin price in March 2015 We are reaching closer and closer to the overbought market condition which... View Article

Bitcoin gains 4.44% against the US Dollar in the beginning of February 2015

February 3, 2015 3:19 pm Published by 1 Comment

Bitcoin, you can do better than that At the end of last month I posted a quick overview on the price of Bitcoin and what it may have in store for us next month. We’re currently three days into February and BTC has gained a measly 4,44% after some insignificant downward movement that didn’t break any major support levels for us. Bulls getting stronger The daily pivot point along with three solid resistance levels have all been broken through today and the market is continuously making higher lows which indicates that the bulls have finally gotten bold enough to start... View Article

Bitcoin bullish breakout turning into a solid trend- more gains ahead!

January 25, 2015 7:11 pm Published by Leave your thoughts

Slow and steady gains The price of Bitcoin has been slowly recovering from the biggest drop we’ve seen since the year 2013. For the last ten days the price has steadily been moving upwards after a bullish breakout closer and closer to the resistance level at around 260.7 USD. I am fairly confident that at least up until this point there shouldn’t be anything that will stop the trend. We will most likely see some fallback around that level, but if all goes well the 260 USD mark will be broken at the end of January or early February.  ... View Article

Riding the Bitcoin bulls – Not too late to enter

November 12, 2014 2:48 pm Published by Leave your thoughts

Riding the bulls The last few days have simply been amazing. On the 9th of November I published a short article about the bullish movement of Bitcoin and just three days later the price has reached $400 USD. So what now? If you look at what happened on the 11th and 10th of November then you can see a great struggle between the bulls and the bears. The market was unsure how to react, but it is clear to everyone now that bulls have won this battle. At least for the moment. Depending on how today’s candle will close we... View Article