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Thursday, September 10th, 2020- our quick weekly BITCOIN update (enclosed video)

by manuelmoinard | Sep 11, 2020 | chart Analysis, Update

Hello from CFT, our quick weekly update (enclosed video). Thursday, September 10th, 2020 In front of us, we have the Bitcoin daily chart. We had expected a low to be made this last week, and we have been slow to come out of here, so we are a little bit concerned. So...

Data Shows Whales Are Loading Up On Bitcoin, But Why?

by manuelmoinard | Sep 9, 2020 | chart Analysis, Update

Bitcoin price is falling and the market is already fearful of a repeat of Black Thursday. But if massive “high net worth” whales have anything to say about it, another such plummet is extremely improbable. Why? Because since that day, these same whales have amassed a...

Current Bitcoin Pullback Unlike 2018 Bear Market – Analyst Explains Why

by manuelmoinard | Sep 8, 2020 | chart Analysis, Update

Bitcoin has been on a continuous downtrend in the last 48 hours, losing 5% in just 24 hours. This has led to panic across the crypto community as uncertainty looms. Several key levels have been broken for several cryptocurrencies and Bitcoin isn’t left out. One...

Tether’s USDT Surpasses Bitcoin and PayPal’s Average Daily Transfer Value

by manuelmoinard | Aug 28, 2020 | chart Analysis, Update

Tether’s USDT stablecoin has seen its 7-day average daily transfer value surpass that of the flagship cryptocurrency bitcoin and PayPal, according to new research. A report published by CoinMetrics details that after “months of rapid growth” Tether’s 7-day average...

Bitcoin Holding Sentiment Strongest in Nearly Two Years

by manuelmoinard | Aug 19, 2020 | chart Analysis, Update

Bitcoin exchange reserves have fallen to a 21-month low, a possible sign investors are feeling bullish about the shape of the market. Glassnode data shows the number of bitcoins held in exchange addresses fell by 0.83% to 2,610,278 BTC on Monday, the lowest level...

Our weekly update from CFT – August 6th 2020 (enclosed video)

by manuelmoinard | Aug 6, 2020 | chart Analysis, Update

Our weekly update from CFT – August 6th 2020 (enclosed video) In front of us, we have Bitcoin. We have shown the green five waves up. Last week when we updated (at our Telegram channel) we were doing a little triangle up here to the upside and we talked about...