I’ve been charting and posting about Bitcoin over recent months and suggesting that any hold above a key support level would help to carve out credibility for the cryptocurrency space. So far so good and here is a charting update following the bullish February candle close for Bitcoin.

There have been two features I’ve been waiting to see form on the Bitcoin chart in order for the crypto-space to garner some technical analysis credibility and one of these has finally been achieved. That is, a test of the key $8,000 level and a weekly candle close above this level. The next feature is […]

Bitcoin is currently down near the 50% fib retracement of the weekly chart’s swing-high move; circa 10,000. Price might slow as it navigates this psychological whole-number support level but I’m still watching for any test and hold above the 61.8% fib which is down near 8,000. RIOT is one stock that can be used as […]