Bitcoin Continues to Struggle.
Crypto Dynamics
by Crypto Dynamics
5y ago
We are tentative at best if Bitcoin Bulls can hold the $9660 resistance mark. Most indicators say no it will breach but looking longer term 1day+ indicates it may not collapse. Next lower support is at $8300! Next 12 hrs should clear it up or down ..read more
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Crypto is the New World Order in Finance.
Crypto Dynamics
by Crypto Dynamics
5y ago
Cryptocurrency is the first of its kind to actually give nations a pause. Initially, nobody paid crypto much attention. It was dismissed as a fad, some called it a ponzi scheme (some still do), but none have really taken cryptocurrency seriously until very recently. The main reason is there was never a serious attempt/progress at liquidity and usability, until now! These changes in the crypto space over the last few years has really put cryptocurrency in the global spotlight with regard to governments. What was something easily dismissed, is now a real "Threat" to the financial elite, and ..read more
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The SALE of signals in crypto.
Crypto Dynamics
by Crypto Dynamics
5y ago
So i was going through our twitter feed earlier today and was reading some posts, or i should say gripes, on this topic and after talking with a few different people as well i kept hearing the same song. People losing their shirt by listening to these so called "gurus" and "oracles". People are joining and paying facebook groups, private chat groups, etc, significant amounts of money each month for a faceless and anonymous groups of people to tell them what to trade and when to trade! Like some possible 9th grade dropout has a magic ball to tell you what is going to happen. Seriously folks S ..read more
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Bitcoin is slowly recovering after whales kill fast paced rally that could have been at $20K by now.
Crypto Dynamics
by Crypto Dynamics
5y ago
Bitcoin is holding at the $12,000 resistance level after impatient whales decided to cash in Bitcoins strong rally. The aftermath was a price drop by nearly $4,000 in 24hrs as traders panicked fearing a crash was imminent. This is probably the only real detractor from trading, and that includes stock, crypto, futures, or commodities. The infamous whales, the individuals, companies, or other collective parties that hold millions that can dump their holding at a high position in a rally and then rebuy at the crashed price to try to cash in again on the rebound. These actions make them a tidy ..read more
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Bitcoin is on fire!
Crypto Dynamics
by Crypto Dynamics
5y ago
Bitcoin is currently trading at $10,950!!! This is great news and here is the best part, The next major resistance line in at $11,500. Go Bulls GO ..read more
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To Play or Not to Play. Is that even a question?
Crypto Dynamics
by Crypto Dynamics
5y ago
Yup, that happened. I had a interesting conversation with a few people recently on our site that put forth the question: "Should I even trade in this market or wait and see if something happens and try to get in quick?". I am not sure why this question kinda felt like a slap in the face and i had to breathe for a minute before responding to prevent a knee-jerk visceral reaction. I understand the ideology of the statement, but there is no logic in the statement. I understand the "fear of risk" with how dynamic the crypto markets are. How fast they change and how dramatically they can chang ..read more
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Bitcoin loses some Ground after it gives $9,000 level a high-five.
Crypto Dynamics
by Crypto Dynamics
5y ago
Yesterday bitcoin surged $300 and gave the $9,000 level a high-five only to be met by a wall of sell orders at that level. That caused a panic sell off that plunged Bitcoin to the $8,000 level before stabilizing out at the lower resistance level of $8,300. So what happened and why? Simple nervous market. $9,000 was a new high, so the market shorts itself. This means that instead of allowing the new high to stabilize, everyone started pumping sell orders. This causes a rash of sell orders and the next thing you know the price is in free fall until intelligence restores it. I anticipate tha ..read more
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What is all this noise about Craig Wright being Satoshi?
Crypto Dynamics
by Crypto Dynamics
5y ago
Satoshi Nakamoto is listed as the Author of a White paper that describes the founding principles and development of the original Bitcoin code. The full White Paper can be found here After this whitepaper and the genesis block was mined (and possibly more), the person or persons (some think it may have been a group instead of a single person) that created it and set Bitcoin lose on the world, disappeared. Leaving no trace of their existence. Craig Wright, founder of the BSV altcoin, has tried to claim for years that he is Satoshi Nakamoto, and that he alone invented Bitcoin, however, no serio ..read more
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Bitcoin Reaches for the next resistance line
Crypto Dynamics
by Crypto Dynamics
5y ago
Bitcoin Reaches for the next resistance line @ $11,650ish but don't expect a real challenge yet. I am predicting a minor retracement to the $11,200 range and worse case if there is panic selling the price could fall to the $10,300 support with a hard reaction. I don't think that will be the case but we will have to see. I don't think we are going to get a real challenge attempt at the $11,650 resistance line until after a retracement happens. A breakthrough of the $11,650 resistance line will be another significant stability standard that will "unlock" the ability to climb to the $13,750-13 ..read more
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Bitcoin take a dive, but is going to level out.
Crypto Dynamics
by Crypto Dynamics
5y ago
Yesterday at about 11:00pm EST bitcoin took a dive from a steady $8,500 range to the $7,700 level. That sharp movement caused more panic selling driving the price down to as low as $7,400. It has since recovered slightly back the the $7,700 threshold. Data indicates that this was caused by a so-called bitcoin whale selling a large amount of bitcoin, and then buying it back after the market dropped. Someone sold approx 25,000 bitcoin worth 215 million and then bought 25,000 bitcoin for 200 million after the price dropped, netting them $15 million and the same amount of bitcoin. This huge mov ..read more
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