A few things I’m watching for Bitcoin this week and for Q4 2019. Today, Sept 30, is BSV Stress Test Day. Several services and purpose built tools will be used to flood the BSV network with traffic. The goal is to test the limits of the network in number of transactions and block size hoping to exceed the last stress …
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Bitcoin Trading Signals
I use several Technical Analysis indicators including Ichimoku Cloud, Renko charts, MA crosses, trendlines etc. One indicator many people reference specifically in trading BTC is called the Mayer Multiple. The Mayer Multiple is explained here. Here is a chart of the Mayer Multiple for Bitcoin SV compiled from daily closing price on coinmarketcap.com. MM in blue, 21MA of the MM …
Read More »Bitcoin Court Case Settlement
There is a court document circulating online that indicates there may soon be a settlement in the Ira Kleiman v Craig S Wright court case. Ira Kleiman is suing Craig S Wright for 500k Bitcoins claiming his deceased brother Dave was part of the creation of Bitcoin and that Craig S Wright owes Ira half of a Bitcoin trust established …
Read More »Bitcoin is Smart Money
When you hear the term Smart Money what comes to mind? For many, it’s institutional investors with privileged information pulling the strings on market movements. Smart Money consists of the insiders, the mythical perfect traders, that group of people that is always two steps ahead of the average Joe and one step ahead of you. When I talk about Smart …
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