by manuelmoinard | Aug 17, 2022 | chart Analysis, Update
In the last 24h, we hit $25,200 levels. We still think we might break $25,500 in the short term (70% probability, in our opinion). The level of $28,000 is now a touch below 50% odds considering the extremely overbought in the equity market, so a clear risk for crypto...
by manuelmoinard | Aug 9, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), BTC, Last week we talked about being 70% in cash, looking for some backing and filling. We’re still of that opinion; we’re $23,000 where we were last week. We’re looking for a little bit lower to add back to...
by manuelmoinard | Jul 31, 2022 | chart Analysis, Update
Good afternoon from CFT. BTC, Last week we were trading up here $23,000 or so; we were looking for a pullback, down to around $21,700 for a buy; we did get that. We then ultimately turned higher, and went to new highs for this move. We did take profits on some Alts...
by manuelmoinard | Jul 22, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), BTC, Last week we talked about being long Bitcoin and Alts approximately 70% of our portfolio. We did get a sell signal in stocks and somewhat in Bitcoin. Middle of the week, we did take some 20% profits on a couple of small...
by manuelmoinard | Jul 15, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), Bitcoin, Last week we were looking for stocks to have a selloff and pull Bitcoin down with it. That did happen into the $18,900 low yesterday. But then stocks have reversed higher, taking Bitcoin back to $20,900. So currently...
by manuelmoinard | Jul 6, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), BTC: We had mentioned on the 26th up here this could be a “b” wave ending. We did get a sell signal on stocks the next day, which ushered in the decline for the red wave “c”, as shown. Since then, we have...