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Bitcoin Schmitcoin

Bitcoin Schmitcoin
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Aerospace engineer turned crypto-market analyst. Bitcoin Schmitcoin became popular within the subculture of the Reddit communities and now posts his daily thoughts and market outlook via Twitter and his regular stream on Twitch.tv.Bitcoin Schmitcoin on Twitch.tvBitcoin Schmitcoin: YouTube

Bitcoin Price Analysis: Range-Bound Market Set for Bullish Continuation

MARKETS Bitcoin Schmitcoin -
The consolidation within our current bitcoin price range is forming an ascending triangle with a $500 move to the upside and price target of around $10,000.

Bitcoin Price Analysis: Market Is Set for Deeper Tests

MARKETS Bitcoin Schmitcoin -
If the market breaks support, the next logical level for the bitcoin price to test is at the $8,700s — the range that led to last week's massive breakout.

Bitcoin Price Analysis: Bulls Reverse Entire Bearish Drop

MARKETS Bitcoin Schmitcoin -
A $1,500 candle proved bullish resolve for the bitcoin price as the entire bearish drop that occurred this week was engulfed.

Bitcoin Price Analysis: Macro Level Breaks as Bearish Continuation Ensues

MARKETS Bitcoin Schmitcoin -
The currently monthly bitcoin price level is below support and could potentially see lows as far down as $6,400.

Bitcoin Price Analysis: Grinding Market Slowly Drives Through Support

MARKETS Bitcoin Schmitcoin -
The bitcoin market over the last few days has been a series of grinding support/resistance tests that have brought us toward macro support at the $7,700s.

Bitcoin Price Analysis: Constant Supply Shows Signs of Market Weakness

MARKETS Bitcoin Schmitcoin -
For now, the market is looking mid-term bearish and we will have to see how it handles a potential retest of the $7,700s.

Bitcoin Price Analysis: Strong Rally Retests Macro Resistance

MARKETS Bitcoin Schmitcoin -
The bitcoin price is experiencing a strong rally that has us testing the strength of the $8,300 resistance level.

Bitcoin Price Analysis: Macro Resistance Turned Support — Will it Hold?

MARKETS Bitcoin Schmitcoin -
The bitcoin price is currently bound within a zone of indecision and we will have to assess the market as it tests either the upper or lower boundary.

Bitcoin Price Analysis: Macro Support Gives Way During Strong Sell Off

MARKETS Bitcoin Schmitcoin -
Bitcoin’s long-held support at $9,750 gave way on September 24, 2019 in a swift and violent 15 percent move to the downside.

Bitcoin Price Analysis: Deep Shakeout Rallies Off Strong Support

MARKETS Bitcoin Schmitcoin -
Ultimately, after testing weekly support, the bitcoin market managed to retrace the entire drop and push a new high.
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