by Trent Smalley, CMT | Jan 6, 2021 | Bitcoin, Crypto
Some time has passed since my last post about Bitcoin and the cryptocurrency space. In case you hadn’t noticed, digital currencies have gone on a bit of a run… I am not an expert in this space and don’t follow the ins and outs of the blockchain or...
by Trent Smalley, CMT | Sep 17, 2019 | Bitcoin, Crypto
The world’s second largest cryptocurrency Ethereum has broken out as I predicted back on September 3rd. On the back of news that BitPay will now accept Ethereum, we got the breakout with slightly above average volume today: What is much more interesting is the...
by Trent Smalley, CMT | Jun 25, 2019 | Bitcoin, Crypto
Hello again. It has been a few weeks since my last update and you will notice a few things have changed around here. Before you go making fun, realize that I attempted to learn WordPress and a new theme package for an overhaul of this place. Just like you are probably...
by Trent Smalley, CMT | May 14, 2019 | Bitcoin, Crypto, Stock Market Commentary
Pardon the silence yesterday as I was tending to my portfolio that was temporarily (we hope) on fire. Days like yesterday test the resolve of all short term market participants and even send tingles down the spines of those invested for the long haul. Since I both...
by Trent Smalley, CMT | Dec 19, 2018 | Bitcoin, Crypto
On the anniversary of its all time high, Bitcoin has staged a rally in the face of a global risk off environment. Near the apex of the falling wedge pattern over the past month, you see some heavy sell volume which might signal capitulation. Investors in this...
by Trent Smalley, CMT | Jul 24, 2017 | Bitcoin, bull market, Crypto
Back to the basics here since your brain is mostly likely still foggy from your booze filled weekend. Bitcoin is consolidating, possibly looking to breakout. A textbook pennant pattern is setting up in the cryptocurrency. Bull pennants often mark the midway point...