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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 Rally Shows Strength for Continued Growth

MARKETS Bitcoin Schmitcoin -
Today, bitcoin reached a new all time high as it rose by $500 in just a few short hours. At the time of this article, bitcoin is sitting in...

Bitcoin Price Analysis: There May Still Be Some Life in These Exhausted Bulls

MARKETS Bitcoin Schmitcoin -
Over the last week, the BTC-USD market has seen some major price swings. At one point, the price nearly reached $4500 only to see it pull back down to...

Bitcoin Price Analysis: BTC Makes New Highs as the Market Tests Historical Support

MARKETS Bitcoin Schmitcoin -
Throughout the weekend and continuing into the early week, BTC-USD saw a strong rally that brought the price from $3500s to prices in the high $4100s, at the time...

Bitcoin Price Analysis: Amid Continuing China Rumors, BTC Fails to Break Key Resistance

MARKETS Bitcoin Schmitcoin -
When it rains, it pours. Last week, news began to hit the crypto community that China was taking harsh measures to reign in their various cryptocurrency exchanges. Several exchanges...

Bitcoin Price Analysis: How Rumblings From China Play Into Wyckoff Distributions

MARKETS Bitcoin Schmitcoin -
With China coming down heavily on crypto exchanges, we are seeing a familiar pattern emerge in the bitcoin market.

Bitcoin Price Analysis: Crucial Tests of Historic Support Could Lead to Further Pullbacks

MARKETS Bitcoin Schmitcoin -
This week’s BTC-USD price recap:Following a $700 drop, BTC-USD managed to find a bottom around $4200 before entering into a 4-day long consolidation pattern. During the consolidation pattern, the...

Ether Price Analysis: China’s ICO Ban May Lead to Further Pull-backs

MARKETS Bitcoin Schmitcoin -
After Labor Day weekend, many ETH-USD traders were surprised to find a 30% market drop over the course of 3 days. After an initial drop to the $330s, the...

Bitcoin Price Analysis: Breach of Local Top Could Lead Push to $5000

MARKETS Bitcoin Schmitcoin -
Another day, another all-time high for the BTC-USD markets. Bitcoin has been on a strong bull run since its bottom in the $1800s and, despite many technical indicators, has...

Bitcoin Price Analysis: Watching World Events and “Three Pushes to a High”

MARKETS Bitcoin Schmitcoin -
BTC-USD is up 160% in the 6 weeks since it last bottomed out at around $1800. The $2850 growth marks the sixth week in a row of new highs...

Ether Price Analysis: Bullish Momentum Seems to Be Waning

MARKETS Bitcoin Schmitcoin -
Early in the summer, the entire crypto market took a sustained, downward move that left ETH-USD dropping in value by approximately 60 percent. At the start of the bear...
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