by manuelmoinard | May 16, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), Bitcoin, Last week we warned of lower stock prices dragging down Bitcoin. That did occur most of last week. We had mentioned that we were mostly in cash. On the break to $28,000-$30,000, we did nibble on some Bitcoin and...
by manuelmoinard | May 9, 2022 | chart Analysis, Update
Hello from CFT (our video is out!), BTC, We mentioned last week that stocks were continuing to drag down Bitcoin. We have been in cash; we nibbled a little bit at $34,500; we will nibble on stair steps lower. We still expect this to resolve higher, but stocks are...
by manuelmoinard | May 1, 2022 | chart Analysis, Update
Hello from CFT (our video is out!), BTC, Still trading in this triangle. The red wave D up, we think, is taking some type of w-x-y; we are not sure about the x wave. We are showing a triangle for the x wave now. We still think ultimately we head higher, but we could...
by manuelmoinard | Apr 25, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), BTC, We are down about $1,000 in the last week. We did have a buy last week around that $39,200 level; we did sell those positions at $42,800. And, again looking for possibly a little bit lower here, we still think ultimately we...
by manuelmoinard | Apr 18, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), BTC, The triangle we have been monitoring for weeks. We thought maybe the “b” wave had ended last week up there around $42,800 or so. It has extended lower to $40,200. The “b” wave could still be ending...
by manuelmoinard | Apr 11, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), Bitcoin: The same triangle we have been monitoring. We look like we think the “b” wave ended here over the weekend we have been looking for. So, we are still looking for that rally up to $52K -$53,000 plus. $37,300...
