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Kryptsu
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Emerging tech for the innovative investor
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BTC/USD Weekly. Price has been ranging between 200 and 300 EMA since November 2018. Touched 200 EMA on recent rally back into 2018 channel before strong rejection and bearish hammer printed with channel bottom as resistance. 55 EMA ~ $4400 untouched.
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ETH/USD Weekly. Price is at the top of the down channel with bearish hammer awaiting confirmation after strong rejection of breakout at the weekend that didn’t touch 55 EMA.
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LTC/USD Recent break out of down trend led recent rally. Price is at 55 EMA resistance after touching 200 EMA, again bearish hammer awaiting confirmation. Bottom of long term channel ~$14 hasn’t been hit.
"Bitcoin is not a good idea."
- Central Banks 🏦

"E-mail is not a good idea."
- Post Office 📫

"The Internet is not a good idea."
- Newspapers 📰

"Television is not a good idea."
- Radio Stations 📻

"Streaming is not a good idea."
- Blockbuster 📽️
$BRK Berkshire Hathaway were v late to the tech stock party and way too bullish on processed food. No surprises then that @WarrenBuffett still thinks Bitcoin has no intrinsic value. He’s a big reader tho so will send him @saifedean’s Bitcoin Standard...