Author: Smith, Jordan
Smith, Jordan
As a seasoned cryptocurrency trading enthusiast with years of experience in the crypto market. I excel at analyzing market trends, executing strategic trades, and managing portfolios for optimal returns. Proficient in various trading platforms, I stay updated on the latest industry developments. My expertise includes technical analysis, blockchain technology, and decentralized finance (DeFi). I actively engage in online communities and write blogs about crypto trends and strategies. Connect with me to discuss crypto trading or potential collaborations. Let's explore the dynamic world of cryptocurrency together.
Years ago, I first encountered Bitcoin when it was still an experimental novelty within a small niche. It was 2013, and a friend enthusiastically introduced me to this emerging digital currency, mentioning a magical indicator called the PI Cycle that could predict market tops and bottoms. Though my understanding of technical analysis tools was limited back then, this experience piqued my interest, leading me on a long journey into cryptocurrency trading. How the PI Cycle Works The PI Cycle is a technical indicator specifically designed to capture turning points in the Bitcoin market. Its magic lies in its simplicity: it…
From the past trading experience, I’ve recently identified a classic rising flag pattern in Bitcoin’s price action. This pattern typically signals a continuation of the upward trend. So, after significant recent volatility, will Bitcoin continue to drop? In this post, I’ll analyze this 2D range pattern and its potential market impact from a professional trading analyst’s perspective. Flag Pattern Analysis Flagpole The flagpole of the rising flag pattern is characterized by a rapid and steep upward movement. Around March 2024, Bitcoin’s price surged from approximately $40,256.65 to near $68,000. This rapid rally, accompanied by a significant increase in volume, forms…