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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: Bitcoin Bulls Find Respite Along Major Support Lines

MARKETS Bitcoin Schmitcoin -
Over the last week, bitcoin has seen an aggressive markdown from the $12,000s to the $6,000s — a 50 move in 7 days. Right now, a battle between the...

Bitcoin Price Analysis: Possible Bear Pennant Suggests End to Market Consolidation

MARKETS Bitcoin Schmitcoin -
If the bitcoin market reaches its full measured move for the bear pennant, we could see prices as low as $4,000 region.

Bitcoin Price Analysis: Bearish Continuation Likely as BTC Tests Strong Support

MARKETS Bitcoin Schmitcoin -
Bitcoin has managed to establish a trend of three lower highs and four lower lows to really cement the current bearish trend.

Bitcoin Price Analysis: Potential Bearish Continuation Sets Up Lower Lows

MARKETS Bitcoin Schmitcoin -
Shortly after a sharp drop from the mid $14,000 to the lower $9,000s, bitcoin saw a strong bounce to the upper $11,000s. At the time of this article, bitcoin...

Bitcoin Price Analysis: Bitcoin Sees Lower Lows as It Drops Below Historic Support

MARKETS Bitcoin Schmitcoin -
Bitcoin managed to blow through several milestones including both the parabolic and the linear trends. It could get ugly.

Bitcoin Price Analysis: Choppy Market Conditions Lead to Tests of Parabolic Resistance

MARKETS Bitcoin Schmitcoin -
The market is poised in a precarious situation as it tiptoes around historic support/resistance along the parabolic envelope.

Bitcoin Price Analysis: Bitcoin Poised for a Potentially Large Market Move

MARKETS Bitcoin Schmitcoin -
Over the last month, bitcoin has seen large swings in price as the bulls scramble to call the bottom and the bears scramble to call the top of the...

Bitcoin Price Analysis: Expect Some Lower Lows Before the Next Bounce

MARKETS Bitcoin Schmitcoin -
Two days ago, I outlined a potential BTC-USD price breakdown due the broken hypodermic trendline. Since then, the price has dropped nearly $7,000 and is showing signs of further...

Bitcoin Price Analysis: After Giddy Heights, Bitcoin Sees a Steady Decline in Price

MARKETS Bitcoin Schmitcoin -
In the days leading up to the various bitcoin futures markets opening, bitcoin saw a push to fresh all-time highs near $20,000. However, shortly after reaching these values, the...

Bitcoin Price Analysis: Bitcoin Rests at Tipping Point Before Deciding Next Move

MARKETS Bitcoin Schmitcoin -
Bitcoin prices have currently stalled out in the $16,000s as the market decides if it wants to continue the ravenous bull trend or go through a more corrective phase....
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