Posts by Ed Bugos

Market Commentary   I don’t KNOW what the Fed is going to do this week but it has pumped a lot of smoke into the market about cutting that interest rate, so I wouldn’t bet against it. Also, I’m not sure how the markets will react in the moment. My instincts say that a cut…

Market Commentary I just want to share some observations I see developing in the price and volume charts on bitcoin before the week begins. I am wary of the potential bombs that the regulators will continue to drop on us. But I am confident that not only would the cryptocurrency space continue to be resilient…

Market Commentary Another wave of crypto selling occurred after some of the coins fell to lower lows in their down trends, and reports that an incorrect amount of USDT (Tether) was minted for a chain swap with Poloniex (which was since reversed) seemed to be the catalyst for the break below $10.4k in bitcoin, an…