Market Analysis

My personal views on the market

What are the bullish & bearish Bitcoin USD targets of January 9th, 2021

What are the bullish & bearish Bitcoin USD targets of January 9th, 2021

Bitcoin went into crazy Christmas mode, logging 14 green days and only two small red days in between. But how long this can last, what are the next bullish/bearish targets?  To take note of how heavy this rally is, take a look at Weekly RSI. It surpassed 2017 levels and is now approaching 2013 highest levels logged in Bitcoin’s history. Mind-blowing.   First, tak...

Bitcoin's trend reversal signals on TD9 strict indicator

Bitcoin's trend reversal signals on TD9 strict indicator

I'm a really big fan of Tom Demark’s TD9 indicator. Tone Vays is famous for using it. It has two different counts. One it counts candles from 1 to 9. 9 usually means there should come a one to four candle correction. When the previous 9 high gets taken another count starts. Which count is called buy/sell countdown. It goes to 13. 13 meaning it is the end of a trend. Reversal might be inc...