Good Day Midas community! The markets have been very turbulent in the time since our last article. ICYMI, our conclusion in our last analysis was: Short term pain, long term gain. In other words, we thought that further price retracements below the $11.2k level were quite likely before Bitcoin continues its bull trend. Our hunch was correct. This is exactly what played out in the markets. Let’s take a look at what the charts and fundamentals are telling us, and …
Category: Articles
Hello again Midas Investors! We will continue our series of weekly TA on Bitcoin and the crypto markets in general. If you’ve been involved in crypto for any amount of time, you are well aware that where Bitcoin goes – so does the entire market. Except for stablecoins, the movements of Bitcoin have a direct effect on nearly every other cryptocurrency. As such, prudent investors will keep their eyes on the market direction of BTC at all times. Price Analysis …
How Accurate Has our TA Been? For those of you who have been following, we have published a series of ten Bitcoin TA articles over the past few months. These articles were written on a weekly basis, with the overall goal of determining the market direction for Bitcoin and Crypto in general. We hope that you have found the articles interesting, and that they have been a useful tool for you as you conduct market research. Technical Analysis: Art or …
Hello Midas Community! Today we will continue with our series of weekly TA articles on Bitcoin. As we have said before, Bitcoin is the king of cryptos, and as Bitcoin moves so does the whole market. It is the “rising tide that floats all boats.” We believe that if we provide the community with good Technical and Fundamental analysis, it will help to determine an overall market direction. That being said, this should not be considered financial advice. All information …
Greetings Midas Community! Another week, another Bitcoin analysis article. As every crypto investor is well aware, the price fluctuations of Bitcoin are essential to understand the market in general. Bitcoin – the king of Crypto – largely determines whether the industry is bullish or bearish. In these articles, we are going to conduct price analysis, as well as fundamental analysis in an effort to dissect Bitcoin’s overall trend. Let’s get started. Price Analysis To begin, we will look at the …
Greetings community, This article is going to continue the series of the DCA (Dollar Cost Average) investing strategy on various coins listed on the Midas platform. In this piece, we will be looking at e-Sports Betting Coin (ESBC) – a well established project that has been long standing in the industry. Nothing in this article should be considered financial advice, but rather should be taken as educational material on the benefits of the Dollar Cost Averaging strategy. Always do your …
Dear Midas Community, This is our weekly update on Bitcoin price movements. We as a team feel that these insights are valuable to the community, as the value fluctuations of Bitcoin greatly affect altcoin markets. In this series of TA articles, we will conduct both price and fundamental analysis to determine an overall trend for BTC. Price Analysis Once again we will observe the movements on a large (4H) candle timeframe. We can see that over the past few weeks, …
Hello Midas Community! We will continue with our analysis of Bitcoin price movements, as it greatly affects the altcoin markets. In this series of TA, we will conduct some TA, and look at overall trends and fundamentals. Let’s get started! Price Analysis Here we see the macro price movements of Bitcoin vs USD on a 4H timeframe. Ever since the large decline in mid-March, Bitcoin rose steadily before beginning a consolidation pattern between 9-10k. If we take a closer (zoomed …
We will be continuing our series on the DCA investment strategy on various coins listed on the Midas platform. Be sure to also check out our analysis on DIVI and Midas! In this piece, we will be looking at Telos coin. As we have stated before, this article is intended only for educational purposes on the benefit of dollar cost averaging, and should not be taken as financial advice. Always do your own research and never invest more than you …
Greetings Midas Community! Since the launch of our Masternode Index (MNI) share on 4/22, many improvements have been made to the strategy, and already we are seeing fantastic results! This article is going to summarize what the MNI share is, updates that have been made, and the milestones that have been achieved. What is the Masternode Index? On April 22, Midas announced the release of the MNI index – the first of its kind in the Masternode industry, with the …
Greetings Midas Community, As always, we are keeping our eyes on the price movements of Bitcoin. Since the inception of cryptocurrency, the crypto market moves as Bitcoin moves. In these articles we will make weekly technical analysis, looking at trends and fundamentals. Here we see Bitcoin’s price action on a large-scale 4H time frame. Since the big drop in mid-March, Bitcoin has been steadily rising against USD. Until recently, the blue trendline was quite strong, and had been tested multiple …