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Peter Brandt: “Biden Presidency May Become A Big Negative Factor For Bitcoin”

After winning the November 2020 presidential election, pundits were optimistic that President Joe Biden would cause a wave of much-needed regulations and reshape the crypto industry.  However, in a two-part Twitter thread on April 24, veteran trader and chart guru Peter Brandt has voiced concerns that the Biden administration may have undesirable effects on the […] дальше »

2021-4-25 14:12


How Bitcoin “Black Thursday” Compares To This Weekend’s Flash Crash

Bitcoin is barely recovering from a bloody weekend. Trading at $56,767 with 2.8% profit in the daily chart and a 5.6% loss in the weekly chart, BTC’s price outlook might seem bearish. However, investor Nik Yaremchuck shared a fractal comparing Bitcoin’s worse period in 2020 and the weekend’s flash crash. As can be seen below, […] дальше »

2021-4-20 17:38


The Bearish Bitcoin Chart Bulls Definitely Don’t Want To See

Bitcoin price today set a new all-time high, and tomorrow Coinbase goes public putting an even bigger spotlight on the already buzzing cryptocurrency industry. Things couldn’t possibly look more bullish for Bitcoin and the rest of the market, but the recent price action could resemble one market wizard’s schematic of what “distribution” should look like. […] дальше »

2021-4-14 04:00