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Mike Roddy

Joined: 09/02/18


Comments by Mike Roddy
Bitcoin Jul 03, 2019 9:56AM ET
CME futures contracts priced at 11585 today with high of 11765 with volume of 5106 coins so it looks like that 5000 coin move someone mentioned could be the futures market covering a put.
Bitcoin Jul 03, 2019 9:49AM ET
oversold all the way from 3 months to 1 year on barchart.com
Bitcoin Creates Monster Bearish Reversal Pattern Jul 02, 2019 10:42PM ET
most likely see some profit taking on its way up but it looks like bear trap will be too profitable to ignore, long term trend looks like it's up for awhile.
Bitcoin Jul 02, 2019 10:30PM ET
still in oversold territory on the 3 month stochastic, once it crosses that line, it'll trigger programed trading and we could be looking at an add of maybe 5k points, this could be the move to 16500.
Bitcoin Jul 02, 2019 7:40PM ET
looks like it's forming a world class bear trap.
Bitcoin Jun 28, 2019 4:58PM ET
next stop 13500, with another pullback before 16500 it's amazing whoever called the 11800 open it was right on the money.
Bitcoin Jun 27, 2019 7:48PM ET
institutional buyers have said the intrinsic value of the BTC is priced in it's network between 13-14k so13k should've been the floor, if people weren't afraid of being the last one out the door, it probably would've held there. 1000 points is a pullback, 5000 points was total panic.
Bitcoin Jun 27, 2019 5:42PM ET
institutional cash will be coming back in soon as soon as they can get people to give up more coins. the Coinbase crash was caused by liquidity, they just couldn't provide enough coins for the volume of buyers, I guess a little panic selling fixed that lots of coins for Fidelity and company now.
Bitcoin Jun 27, 2019 10:16AM ET
looks like the powers that be cost adjusted the price action to meet futures trading on Thursday, it should go back up again this weekend, still looking for 21k by Sept.
Bitcoin Jun 26, 2019 6:25PM ET
when I was a contractor at HBO go, I brought the whole channel down by deleting the wrong ip address. lol I rebuilt it from memory and had it up and running 5 minutes later but understand how ******in this industry happens.
Bitcoin Jun 26, 2019 6:16PM ET
their blaming the pullback on Coinbase crashing on volume. I think once these exchanges realize what it takes to handle billions of orders coming in at once and scale out their hardware, we really could see BTC at steady 20-30k levels.
Bitcoin Jun 26, 2019 5:39PM ET
pity all the stops set at 12k they just got taken out and won't be part of the next parabolic move higher.
Bitcoin Jun 25, 2019 11:01PM ET
since crossing 10k the volume picked-up 25% it went from 76 million to 101 million in 1 day, the, more it goes up, the more buying interest coming into the market.
Bitcoin Jun 25, 2019 10:55PM ET
they're calling a top of 21k by Sept on valuation, 30k by next year.
Bitcoin Jun 25, 2019 9:18PM ET
Cointelegraph is calling the top at 21k
Bitcoin Climbs Higher Despite Increasing Concerns of Imminent Correction Jun 25, 2019 9:15PM ET
the difference between this move up and the last one is the buyers. its being accumulated by institutions now, the last time it was all retail investors. the move to 3000 was a squeeze out of the retail investors so the bigger buyers could purchase all the coins.
Bitcoin Jun 25, 2019 5:30PM ET
institutional buyers in charge now that they've squeezed all the small buyers out, if you were still holding at 3k you'll probably be holding forever.
Bitcoin Jun 23, 2019 11:21PM ET
Always drops 5% to take out the stop orders before moving higher, 11,200-5% would be a low of 10,640.
Week Ahead: After New Highs, Stocks Could Be Pressed By U.S.-Iran Tensions Jun 23, 2019 8:04PM ET
really good market coverage! it's always an education reading these articles. the only news from CNBC is hope for FED easing. I agree with the death cross analysis and a minor correction by the end of the year, it feels like 2009 or even 2001when the smart money started buying bonds 6 months before the crash...
Bitcoin Jun 21, 2019 9:18PM ET
resistance at 10,225 and 10,499 after that it's a clear shot all the way to 10,701
Bitcoin Jun 21, 2019 9:15PM ET
hip hip hooray! I love 10k
Strong U.S. retail sales improve economy's fortunes Jun 16, 2019 7:55PM ET
rise in retail sales was most likely temporary as orders needed to be placed before tarrifs take affect.
Bitcoin Jun 16, 2019 7:24PM ET
one of the advantages of crypto is one can go to another country and withdraw your coins there, don't have to carry cash. so, for oil Barron's in Venezuela, you could fly to the US and still have your cash stored in BTC.
Bitcoin Jun 15, 2019 8:52AM ET
or it could be at 16k by October...
Bitcoin Jun 12, 2019 12:06AM ET
tqqq tech sector had same h&s formation when it broke out for the best week in 7 years.