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 Tests Macro Milestones

Amid an otherwise uneventful market structure, bitcoin seems to be making a consolidation pattern known as a “head and shoulders bottom.”

Bitcoin Price Analysis: Monthly Macro Support Tested With Impulsive Move

After seeing a retest of macro resistance at a $10,750 price, the bitcoin market saw a strong pullback and is testing a monthly supply level of $10,300.

Bitcoin Price Analysis: Weekly Support Sends Market Soaring

After last week’s test of macro support, the bitcoin price rallied over $1,000 in just a few days.

Bitcoin Price Analysis: Macro Support Gives Way Under Anemic Demand

A strong round of selling has the bitcoin market testing daily, weekly and monthly support for the fourth time in over two months.

Bitcoin Price Analysis: Weeks of Consolidation Are Coming to a Head

The bitcoin price has been consolidating for several weeks and the volume and price volatilities are coming to a head.

Bitcoin Price Analysis: Higher Lows Test Bullish Resolve

The market is currently situated between two strong levels and, until one of them gives way, it’s possible that we'll see a strong bit of chop.

Bitcoin Price Analysis: Bullish Retest of $10.8K Teeters on Bearish Bias

The $10,800 level has been a major pivot point and, if we can manage to reclaim it as support, it would be a huge sign of strength in the market.

Bitcoin Price Analysis: Bull Pennant Teases $15,000 Price Target

This aggressive bull pennant could have the market testing the $15,000s and ultimately making a new high for the 2019 bull run.

Bitcoin Price Analysis: Strong Rally Tests Bearish Resolve

Given the state of the bullish rally over the last week, the upside target most likely has us heading for the $13,000 range.

Bitcoin Price Analysis: Weak Retest Hints Toward Bearish Exhaustion

Bitcoin’s weekly close last night marked a failed, bearish effort to push the price to new lows.
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