Minimize

Welcome!

Bitcoin Needs To Bounce Here

Cory
May 28, 2018

Ryan Wilday, cryptocurrency technical analysts over at the ElliotWaveTrader.net shares his thoughts on the recent bounce and now pullback in Bitcoin. He says that Bitcoin needs a bounce from here or the decline will continue.

If you have any further questions for Ryan please be sure to email me at Fleck@kereport.com.

Click download link to listen on this device: Download Show

Discussion
9 Comments
    CFS
    May 28, 2018 28:21 PM

    I view BTC as crypto gold.

    I am an inferior chartist, who relies on better TA people for timing, etc.

    I do feel, however, we are approaching buying opportunities in both Gold and Bitcoin.
    I borrow a chart from Gary Savage to indicate sentiment in gold:
    https://blog.smartmoneytrackerpremium.com/wp-content/uploads/gold-32.png

    As can be seen, a turn around would appear to be on the near horizon, which may dispell the PDAC curse….?

    May 28, 2018 28:25 PM

    Govt backed BS………..mental sickness is the govt……………lol
    https://www.zerohedge.com/news/2018-05-28/scottish-crypto-clinic-now-treating-bitcoin-trading-addicts

    May 28, 2018 28:57 PM

    Pilbara gold explorer De Grey surges 8pc on the back of ‘bonanza’ drill results De Grey, one of the pioneers of the Pilbara gold nugget rush, identified a series of high-grade gold zones ranging from 5.2 grams of gold per tonne to 35.5 g/t at its Mt Berghaus gold deposit in the Pilbara, 60km from Port Hedland, WA.

    One drill hole returned a “bonanza” grade of 1 metre at 242 g/t.

    https://stockhead.com.au/special-report/pilbara-gold-explorer-de-grey-surges-8pc-on-the-back-of-bonanza-drill-results/

    CFS
    May 28, 2018 28:06 PM

    I’m not seeing anything but flat on DGMLF.

    But the markets are closed in tghe US.

    CFS
    May 28, 2018 28:38 PM

    I am having problems posting on this site using anything but my IPad.
    All Microsoft machines appear blocked!

      May 28, 2018 28:25 PM

      Problems continue…………same problem as I mentioned two days ago………..

        May 28, 2018 28:32 PM

        Sorry guys we are looking into it. I’ve been having trouble posting as well.

          May 28, 2018 28:16 PM

          Thanks for the follow up ……….appreciate…..