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BTCUSD: Bitcoin Looks Ready to Continue North
I wrote about Bitcoin for the first time on this site on May 5th. At the time, BTCUSD was trading just below $9,000, which marks a gain of 27% based on today’s price of $11,400. Since April, I had also been accumulating BTC, which I discussed in detail in the DPA member’s area. I still have all of the BTC that I accumulated between $7,000 and $9,000, and I won’t be selling anytime soon. But the Bitcoin price action of late hasn’t been all that exciting. That’s to be expected considering how each crypto cycle has taken longer than the last to play out. This cycle will be no exception. Now for the chart. As ... (full story)