by manuelmoinard | Sep 12, 2022 | chart Analysis, Update
Monday September 12th, 2022: This past week saw Equities as well as Bitcoin and Ethereum register important gains with BTC taking its biggest gain in 6 months as investors seemed to discount the scenario of a long-term monetary tightening with hopes of a rates cut...
by manuelmoinard | Sep 7, 2022 | chart Analysis, Update
This first week of September saw Bitcoin trade and consolidate below the $ 20,000 level as the bearish trend continued, fuelled by the lingering effect of J. Powell symposium speech, strong US job market data despite monetary tightening and a strengthening US dollar,...
by manuelmoinard | Feb 21, 2022 | chart Analysis, Update
Hello from CFT (our video is out!), We are still looking for this red wave triangle to be our roadmap. Last week we had an a-b-c rally that ended up there on the “w”, and we have had an a-b-c down to the current prices of $38,600; we think that could be an...
by manuelmoinard | Feb 13, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), Last week we discussed Bitcoin heading up to that $52,000-$54,000 level in the red wave (D) of the white wave (4). We think that is occurring. On a short term basis, we really want $39,000 to hold to now be support, otherwise we...
by manuelmoinard | Feb 7, 2022 | chart Analysis, Update
Good evening from CFT (our new video is out!), Bitcoin, BTC has worked higher, as we expected. We do think the recent rally has given credence to this red wave (C) of the white wave 4 has ended. We’re trading at $42,500 currently. Last week, we mentioned that we...