Some Little Guys

Irony of ironies, even though I’ve hardly messed with crypto at all, my crypto calls haven’t been at all bad. I first pointed out Bitcoin as a beautiful saucer pattern when it was only $1,000, and more recently, in March 2019, I did a post called Crypto-Bull in which I said, ” as a chartist, I’ve got to say that it looks like a rally is getting ready.“.

In fairness, my typically strident self also said, ” I think the days of $20,000 bitcoin will never been see again”, which quite plainly is not the case, but I did point out BTCLTC, and ETH as good buys, all of which have done very well.

For what it’s worth, my wild guess at this point is that cryptos have – – for the time being – – peaked. Bitcoin’s ride has been absolutely explosive, and Ethereum’s “tag” of the $1,000 mark is symbolic more than anything else. I am thinking more and more about digital currencies – – particularly central bank-issued ones – – these days. But the absolute zaniness over the past couple of months, I do think, will take a breather.

In the meanwhile, I went through 200 crypto charts for you and plucked out some interesting smaller ones. Yeah, I know, I need a life. Still, I never stop working for you people.

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