4 Ways Traders Use Resistance to Profit

Trade the Bounce https://www.investopedia.com/terms/b/buyabounce.asp Short the Retest https://www.dummies.com/personal-finance/investing/currency-day-trading/trade-the-retest-of-a-breakout-level/ Long a breakout when resistance breaks https://www.investopedia.com/articles/trading/08/trading-breakouts.asp Set stops above resistance to lock in profits. https://www.investopedia.com/articles/trading/08/trailing-stop-loss.asp

Druckenmiller Warns We’re In a Tech Bubble and is Amazed by Bitcoin HODLers’ Conviction

Druckenmiller made waves a few days ago when he dropped some verbal bombs in an interview. It wasn’t a one-off. https://threadreaderapp.com/thread/1399012533701386241.html 0/ Druckenmiller has now had a similar interviews for CNBC, USC, & The Hustle w/ their own twist. Tech Bubble vs. Today- “Today, you have something similar & something different. Read more…

Bitcoin Never Sleeps

Bitcoin never stops, it works 24/7 with 99.99% uptime. It’s a never-ending stock market. Compared to the legacy systems of the past century, this is a way forward. Speed, transaction times, transaction finality, immense amounts of money being moved instantly around the world, streaming money. We’ve never seen something like Read more…

The Accused Fraudster Behind the Bitcoin Boom

I’m abusing the clickbait title to drive in a point here: You shouldn’t believe anyone just because he shouts something loud enough. This article is basically ignorant. https://newrepublic.com/article/160773/bitcoin-price-boom-michael-saylor-microstrategy It’s full of misinformation about Bitcoin, saying it’s pegged to nothing, it’s speculative, it’s worthless. The truth is that Bitcoin, unlike gold, Read more…