Seasoned Bitcoin (BTC) investors know that the crypto market trades in cycles, and now that BTC price has surpassed its previous all-time high, a full-on bull cycle is underway.
As this new cycle gathers steam, the mainstream media are all abuzz with articles about Bitcoin and everyone from world-renowned investment gurus to Uber drivers seem to have an opinion on the best tips, tricks, and moon coins one should buy in order to generate instant riches.
Similar to the last bull market, this one will also be riddled with posts from crypto-Twitter celebrities who somehow managed to turn $100 into $10,000 or more, but this is not necessarily the experience of the majority of cryptocurrency investors who oftentimes find themselves subject to the whims of cryptocurrency whales and the wild price swings seen on exchanges offering crypto derivatives. Read more…..
Chart of the Day
Icarus Bolli-Band Change Display(TM) Indicator is a simple, but highly effective tool for visually identifying areas where the all-important ‘Bollinger Band’ values are in a state of expansion, contraction of neither.