One of things we love the most about the crypto markets is that they never shut down, they are 24/7 unlike the traditional markets. But with that and the extreme volatility within these markets you have to fly by the seat of your pants!
In other words, the hype and nonsense is going back to wherever such things come from, and as it recedes, like a melting glacier spurred on by coal burning bitcoin mining rigs, we may, if we are fortunate, spot glimpses of green shoots, possibly even a few leaves…
We are currently looking slightly bearish, and could potentially see a pull back down into the mid $3800’s again. This is where the current uncertainty lies.
It might seem to you that blockchain technology and the field of journalism are as distant from each other as two galaxies, however, their association is able to breathe new life into the media and present great opportunities.
Weekly is looking pretty bull for the first time in awhile. There is a lot of chatter going on right now that we are seeing the reversal here, breaking out and holding above 4k could signal a bull rally.
There’s nothing like a good debate to get everyone to think about and solidify their positions, so I’d like to say a few things in defense of the existence and value of STOs.
If you are reading this then you’ve may have already answered The Call to Adventure some time in the past, or are considering answering it now. This is the point where you found out about blockchain technology, through one form or another, whether that was an advert on the metro, or a conversation with somebody who told you about it.
Late yesterday afternoon we began seeing a renewed bull push, setting a new 2019 high bitcoin price this morning of $3848 with a slight retracement on Binance. Volume has increased significantly, and depending on the various time frames RSI is above and/or pushing to the 70 level.
