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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: Consolidation Hints Toward Strong Breakout

MARKETS Bitcoin Schmitcoin -
Volatility is starting to die down in the current bitcoin range and volume is starting to hint toward a potential breakout.

Bitcoin Price Analysis: Major Shakeout Springs Strong Rally

MARKETS Bitcoin Schmitcoin -
Following a strong shakeout, bitcoin saw a confident round of buying yesterday and the market gained around 10 percent in one 15-minute candle.

Bitcoin Price Analysis: Bulls Recover Vital Support

MARKETS Bitcoin Schmitcoin -
As of this morning, the market is enjoying a strong rally on high spread and volume that pushed the price back above major support.

Bitcoin Price Analysis: Bitcoin Makes Higher Low on Weekly Support Test

MARKETS Bitcoin Schmitcoin -
Although the bitcoin price saw a strong pullback, it is still maintaining a bullish market bias with its higher lows and higher highs.

Bitcoin Price Analysis: Bullish Market Structure Tests Weekly Support

MARKETS Bitcoin Schmitcoin -
Following a strong rally earlier in the week, the bitcoin market is experiencing a retest of a solid, broken resistance level and is currently finding it as support.

Bitcoin Price Analysis: Consolidation Tests Strong Macro Resistance

MARKETS Bitcoin Schmitcoin -
Our last weekly candle was a “high effort, low result” situation that often marks the top of macro rallies, as it represents bullish exhaustion.

Bitcoin Price Analysis: Strong Sell-off Finds Macro Support

MARKETS Bitcoin Schmitcoin -
The market is still feeling out this latest bounce but so far it seems clear for a ride up to retest $12,800.

Bitcoin Price Analysis: Bitcoin Nearing Parabolic Blow Off

MARKETS Bitcoin Schmitcoin -
Bitcoin has had an aggressive, unrelenting, parabolic rise over the last few weeks.

Bitcoin Price Analysis: Bitcoin Breaks $10,000 in Stunning Fashion

MARKETS Bitcoin Schmitcoin -
The bitcoin price blasted straight through the $10,000 price range in a rally that had bitcoin testing the lower $11,000s.

Bitcoin Price Analysis: Bitcoin Market Consolidates at Prior Highs

MARKETS Bitcoin Schmitcoin -
Bitcoin is consolidating above its prior range high while the market has failed to find support above the monthly resistance.
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