#Bitcoin update: After hitting our 30k target, we're now in the "reflexive" zone. We're looking for a massive rebound to just under 50k where we anticipate prices stall. pic.twitter.com/QPheJh6fmz — RenMac: Renaissance Macro Research (@RenMacLLC) May 20, 2021 Today’s Chart of the Day comes from Renaissance Macro Research (@RenMacLLC). It’s a point & figure chart […]
Chart of the Day – Wednesday, May 19th, 2021
Today’s Chart of the Day comes from lookintobitcoin.com. It’s a chart of Bitcoin over the past decade along with a fascinating indicator called the Pi Cycle Top Indicator. This indicator has been very timely at identifying cycle tops over the past decade for Bitcoin. It recently flashed an ominous sell signal around $63,000 on April 13th…the day […]
Chart of the Day – Monday, May 17th, 2021
$GC_F vs. $BTCUSD Has the time come? pic.twitter.com/UM4JYzs8lu — Ian McMillan, CMT (@the_chart_life) May 17, 2021 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). It’s a ratio chart of Gold Futures vs. Bitcoin over the past year. A few weeks ago, Ian pointed out that Ethereum was breaking out vs. Bitcoin, and that […]
Chart of the Day – Thursday, April 22nd, 2021
$ETHUSD vs. $BTCUSD Ethereum is moving higher from a 2.5-year base, relative to big brother Bitcoin… pic.twitter.com/PLo0PPW0oA — Ian McMillan, CMT (@the_chart_life) April 22, 2021 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). This is easily one of the most talked-about charts this week. It’s a chart of Ethereum vs. Bitcoin ($ETHUSD vs. […]
Chart of the Day – Wednesday, March 10th, 2021
some levels we're watching on the ol' bitcoin pic.twitter.com/XT1JcmVuyk — J.C. Parets (@allstarcharts) March 10, 2021 Today’s Chart of the Day was shared on Twitter by JC Parets (@allstarcharts) It’s a chart of Bitcoin over the past four years. Bitcoin corrected more than 25% at the end of February, however, we’re already back to flirting with […]
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