Bitcoin: A Trading Note for Breakouts, 10K and the Halving

Bitcoin (BTCUSD) broke out from a downtrend in late January but hit a wall at upper resistance last week.

The Price Action Bitcoin (BTC/USD) is on more media radars after breaking out above $10,000 last week. Last month, Bitcoin broke out from a downtrend in place since the last big run-up peaked in June, 2019. The $10K breakout ran into a wall from resistance formed by the high when Bitcoin suddenly spiked straight up … Read more

Cryptocurrency/Blockchain Mania Takes A Surprising Turn With LongFin Corp.

The trading in recent IPO LongFin Corp. (LFIN) may go down as iconic in this era of frenetic trading in almost anything related to cryptocurrencies and blockchains. After debuting last Wednesday, December 13th at $5 and little to no fanfare, LFIN took off like a rocket two days later on the heels of news of … Read more