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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: Weak Rally Gives Bitcoin Second Chance at Support Test

MARKETS Bitcoin Schmitcoin -
We are currently in the process of testing important support levels and we need to keep a skeptical eye as monitor the bitcoin market and gage the reaction to these new support tests.

Bitcoin Price Analysis: Breakdown of Consolidation Tests Bullish Resolve

MARKETS Bitcoin Schmitcoin -
There are various levels of support that all need to considered and analyzed on a case-by-case basis, as they potentially could result in a cryptomarket-wide, devastating downward continuation.

Bitcoin Price Analysis: Consolidation Leans Toward a Strong Bitcoin Move

MARKETS Bitcoin Schmitcoin -
The bitcoin market has been consolidating for months in the form of a symmetrical triangle and is tightly wound for a strong, sustained move.

Bitcoin Price Analysis: BTC Poised for $9,000s Amid Weak Lows

MARKETS Bitcoin Schmitcoin -
The current price action is forming a Falling Wedge which, if it breaks upwards, would have a price target in the low $9,000s.

Bitcoin Price Analysis: Bears Take Bulls to Task with New Low

MARKETS Bitcoin Schmitcoin -
In a surprisingly aggressive move, the price of bitcoin dropped $800 dollars in a few short hours.

Ether Price Analysis: Bullish Signals Show Strength in Ether

MARKETS Bitcoin Schmitcoin -
Since bottoming in the mid $300s, ETH-USD has managed to almost double in price over the course of a month. The support at the bottom came from the top...

Bitcoin Price Analysis: Market Direction Depends on Next Price Line Tests

MARKETS Bitcoin Schmitcoin -
A large amount of supply is present as we test the current bitcoin price levels that also match the hypodermic breakout of last year’s parabolic trend.

Bitcoin Price Analysis: Bitcoin Faces Pivotal Support as Bulls Exhaust Buying Pressure

MARKETS Bitcoin Schmitcoin -
New lows may be in store for the price of bitcoin as it decides whether the bulls are too exhausted to keep the buying pressure aloft.

Bitcoin Price Analysis: Bitcoin Tests Pivotal Resistance Levels Following Strong Rally

MARKETS Bitcoin Schmitcoin -
Watch for signs of support at the top of the current trading range to determine bitcoin's next moves.

Bitcoin Price Analysis: Bearish Continuation Pattern Could Signal End of Bullish Rally

MARKETS Bitcoin Schmitcoin -
Over the last couple weeks, bitcoin has seen a dramatic drop in price dropping from $20,000 to $6,000. Shortly after bottoming at $6,000, hopeful investors jumped at the chance...
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