Hive profile

campfire

@campfire

25 followers 31 following 101 posts Reputation 52.64

campfire
@campfire May 27, 2021, 10:00 PM UTC

Watching Bitcoin - Desperate For Rescue

Bitcoin continues to struggle to gain any momentum and move up from last week's tumble to $30,000 USD. There are a lot of things contributing to Bitcoin and the crypto market volatility. We've had ne…

3 upvotes 3 replies $0.34
campfire
@campfire May 20, 2021, 5:57 PM UTC

Watching Bitcoin - Where Do We Go From Here?

Bitcoin and for the most part the entire crypto space took a nosedive in price this past 5 days. Some major indicators are suggesting we're going into a bear market but BTC is in an interesting and u…

19 upvotes 0 replies $0.40
campfire
@campfire May 18, 2021, 6:52 PM UTC

Watching Bitcoin - Downward Flow

Bitcoin continues to flow down in price since we witnessed the 10 and 50 day moving average cross on April 23rd. Ever since that event we've seen a lot of downward price movement and other bearish in…

19 upvotes 2 replies $0.36
campfire
@campfire May 13, 2021, 5:50 PM UTC

Watching Bitcoin - Taking A Dip

More unsettling news while we watch Bitcoin's movements... We mentioned just a few days ago that the 10 and 50 day moving averages were making the current bull trend look uncertain. Well, those lines…

19 upvotes 1 replies $0.40
campfire
@campfire May 11, 2021, 4:53 PM UTC

Watching Bitcoin - Bulls vs Bears

Bitcoin is fighting to stay bullish and continue the uptrend force we saw through 2020. The problem is the bears are gaining confidence while some indicators are signaling the end of this bull run. W…

19 upvotes 3 replies $0.40
campfire
@campfire May 5, 2021, 6:17 PM UTC

Up or Down - FUD or FOMO - Bear or Bull

The RSI (Relative Strength Index) dipped yesterday to around 43 with a small sell off. That low RSI was countered today with a large green candle, signalling the day traders are still at it with Bitc…

17 upvotes 1 replies $0.39
campfire
@campfire May 3, 2021, 6:33 PM UTC

Watching Bitcoin - Reds and Greens - Trend / Technical Analysis

We look at a lot of different indicators. Red days and green days over a number of days start to show patters. Patterns that can help to predict future movement. For example, watching for things like…

18 upvotes 1 replies $0.54
campfire
@campfire Apr 28, 2021, 6:05 PM UTC

Watching Bitcoin - Mixed Signals

It's another mixed bag of signals today. Bitcoin is sitting around $54,800 and continuing to play games on our charts! Here's what we're seeing... the biggest and most recent indicator was the so cal…

20 upvotes 2 replies $0.50
campfire
@campfire Apr 26, 2021, 8:34 PM UTC

Watching Bitcoin - Is This The End Of The Current Bull Run?

It's been a minute since our last post as we watch and comment on Bitcoin. What's happened since our last post? Bitcoin had a tremendous rally and continued some major parabolic moves upward as we ha…

2 upvotes 3 replies $0.57
campfire
@campfire Nov 19, 2020, 7:27 PM UTC

Watching Bitcoin - Parabolic FOMO!

It's been a wild ride up these past few days! Bitcoin looks parabolic over the past 30 days now shooting up from around $11,450 USD to now just under $18,000 USD! The FOMO has definitely started agai…

4 upvotes 1 replies $0.13