bitcoins

Yesterday (February 5, 2023), when checking my daily charts for Ethereum trading I noticed a potential golden cross forming for BTC/USD (also ETH/USD) charts for the 50/200 days Moving averages trading indicator. The golden cross is a popular technical indicator used in stock and crypto trading. A golden cross is a chart pattern in which a relatively short-term moving average crosses above a long-term moving average. The golden cross is a bullish breakout pattern formed from a crossover…

Lately, I have been trading 1 DTE options with Ethereum on the Deribit platform. In the past, I have traded quite a lot of Bitcoin and Solana coins (until the November 2022 Crypto Crash) Unlike stock options, trading crypto options might get more complicated, a lot more complicated and I wouldn't actually recommend them if you are a novice. My biggest learning curve so far has been the fact that crypto options are settled in crypto itself. Disclosure: This article contains affiliate links to…

Greetings from Tbilisi, Georgia. The weather temperatures are lowering, and windier and fewer leaves for the trees around us. Fall.   In today's article, I'm going to look at 3 cryptocurrencies - Bitcoin, Ethereum, and Solana and make some predictions/forecasts based on technical analysis and my inner gut for the rest of the month. The Crypto market, for the past weeks and a couple of months already, has been in a consolidation mode. At the end of October, both Bitcoin and Ethereum broke…

Greetings from Tbilisi, Georgia. The weather temperatures are lowering but there is still plenty of warmth and Sun even in the middle of October. In today's article, I'm going to look at 3 cryptocurrencies - Bitcoin, Ethereum, and Solana and make some predictions/forecasts based on technical analysis and my inner gut for the rest of the month. The Crypto market, for the past weeks and a couple of months already, has been in a consolidation mode.  Both investors and traders are looking for…

Wow, what a day it was today - stock futures were opening lower, quite lower, Dow Jones index was failing more than 400 points, extending the stock market bleeding for some sixth or seventh week in a row. I was holding several long bitcoin positions on Deribit with strike prices above $40,000, and the losses just kept accelerating, to keep my positions above the water I bought more bitcoin and deposited them on Deribit.  Bitcoin is not for all. Bitcoin futures, definitely are for a few select…

I know, i know all these predictions sound crazy and sometimes insane, and most of the time they are done out of the blue, without a ground, but today when I looked at my bleeding bitcoins futures account I noticed something that I wanted to share with you. But before that a quick background For the past couple of months, not to say years, I've noticed bitcoin is following the stock market - on a green day at the stock market bitcoin is up, on red days it's down. Kind of easy. but what works…

For most of the time, I have been using a Coinbase Pro account just to buy and hold Bitcoin once a week. Just recently I started thinking about trading Bitcoin more frequently - like a couple of times per day using trade signals like Moving Averages with Golden and Death Cross. The idea is quite simple - Once there is a trade signal indicating a buy - I will manually buy Bitcoin, to protect myself I want to set a stop loss of about 1% under my bought price. In case of trends reverse, I’m…

Good evening from Tbilisi! The day started with a few short positions on Bitcoin, while I was waiting for the stock futures updates from CNBC, visited my hairdresser Katya, got my hair trimmed and straightened. Love it. The futures market opened and showed kind of a green day ahead, my short positions on Bitcoin got challenged, but I decided to keep them open and see what happens next. We went to the newly opened Domino DIY shopping mall in the Dighomi area and bought some goodies and tools…

Another interesting week has started here in Tbilisi. At the night I woke up I placed a long position on Bitcoin futures at $40,017, later in the morning before going to the gym I noticed Bitcoin in but under $40,000. Once I was at the gym Bitcoin tumbled another 1000 points, and I had a chance to think a lot about liquidity issues. Post-processed a few photographs and made a short movie about our Easter adventures.  I know Bitcoin correlates with SPX 500, so I was waiting for the futures…