by Trent Smalley, CMT | Jul 19, 2018 | Uncategorized
Yesterday, billionaire investor and head of Avenue Capital Marc Lasry said in an interview on CNBC’s “Squawk Box” that he is personally invested in Bitcoin and sees it reaching $40,000. “As it gets more into the mainstream, and as more markets...
by Trent Smalley, CMT | Jul 7, 2018 | Uncategorized
Good Evening, I write this to you after coming off of a mini hiatus. A hiatus from blogging, responding to emails, text messages, phone calls, and in general doing anything I didn’t want to do. Over this holiday week, I took the opportunity to enjoy some...
by Trent Smalley, CMT | Jun 11, 2018 | Uncategorized
Over the weekend, cryptocurrency markets were back in the news due to sell offs because of whatever headline you want to buy into. I skimmed through several narratives but prefer to do my own analysis. Here is what I think is setting up in Bitcoin in particular and...
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...
by Trent Smalley, CMT | Jul 10, 2017 | Stock Market Commentary
Bitcoin The New Gold? Wall Street Strategist Says Yes. (MarketWatch) Tesla Rolls Out First Model 3, And It Goes To Elon (Bloomberg) Apple To Introduce Mirror Like Finish For iPhone 8 (BI) Nobody In Hong Kong Wants A Tesla Anymore (QZ.com) Weekly Sector Rotation Report...