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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: Long and Short Squeezes Shape a Weakening All-Time High

MARKETS Bitcoin Schmitcoin -
This morning, BTC-USD pushed a new all-time high on several exchanges. However, this time, the momentum to continue higher seems to be waning. Shortly after establishing the new all-time...

Bitcoin Price Analysis: Still More Room at the Top, For Now

MARKETS Bitcoin Schmitcoin -
While many fear BTC-USD is entering bubble territory, others are calling for even higher price targets. Politics aside, there is a clear push for higher BTC-USD prices and it’s...

Ether Price Analysis: All Signs Point Onward and Upward

MARKETS Bitcoin Schmitcoin -
In case you hadn’t noticed, ETH-USD markets have been on a very strong bull run for the past week. In a matter of five days, ETH-USD managed to increase...

Bitcoin Price Analysis: Post-Fork Exuberance Shows No Signs of Pulling Back (Yet)

MARKETS Bitcoin Schmitcoin -
Remember that time I said BTC-USD likely won’t see a new all time high (ATH) any time soon? Looks like I was wrong. Shortly after posting my previous BTC-USD...

Bitcoin Price Analysis: BTC Markets Anemic After Initial BCH Trading

MARKETS Bitcoin Schmitcoin -
As discussed in the previous BTC-USD market analysis, the market has begun to test and retest known support and resistance lines on both the macro and micro levels. Since...

Bitcoin Price Analysis: Post-Fork Markets Await Enabling of BCH Deposits

MARKETS Bitcoin Schmitcoin -
As expected, the events leading up to the BTC hardfork were dramatic. Before splitting off with its hardfork counterpart (Bitcoin Cash), BTC-USD saw drastic swings in price with wildly...

Bitcoin Price Analysis: With August 1st Looming, Uncertainty is the Only Certainty

MARKETS Bitcoin Schmitcoin -
With only 3 days left before Bitcoin’s hardfork is implemented, there is still great uncertainty among BTC-USD markets (which inherently applies to all cryptocurrencies) and what their imminent fate...

Ether Price Analysis: Market Consolidation Provides Calm Before Next Breakout

MARKETS Bitcoin Schmitcoin -
Over the past few days, despite major swings throughout the crypto-market, ETH-USD finally appears to be displaying nice, reliable signs of market consolidation.

Bitcoin Price Analysis: Recent Bull Run Calls for a Level Head

MARKETS Bitcoin Schmitcoin -
Over the course of three days, BTC-USD managed to climb $1,100 in value — a near 60 percent growth. Shortly after reaching a local high in the mid $2,900s,...

Ether Price Analysis: Are We Heading to $100 Support Level?

MARKETS Bitcoin Schmitcoin -
As anticipated in the last ETH-USD price analysis, ETH-USD found a new low yesterday as the market continued its downward path within a cryptomarket-wide bear run. After making a...
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