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Created on: 10/26/2019 11:57:31 PM   Last Update: 10/27/2019 11:39:05 PM Posted by: RTT
WARNING: This entry is 543 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.

1 POST Here is why Bitcoin jumped 20% (2019-10-25)
here-is-why-bitcoin-jumped-20-20191025If you are having trouble finding the news behind the bitcoin price move, don't fret here is the answer.

1) Gold and silver starting to react to US FED repo non QE US Dollar creation.
2) Congress questioning of Zuck on Libra did not surprise.
3) China Xi makes positive news with state investment into block chain.
4) Bitcoin price hit trusted outer demand channel line (see chart below).

The answer is mostly (4), of course to monitor price action near channels you must chose your charting software carefully, to ensure it draws true and accurate channels correctly. readtheticker.com does this well. 


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BTC Bitcoin






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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to ride the change, after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

.."Money cannot consistently be made trading every day or every week during the year"..

Jesse Livermore Trading Rule



..“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”..

Bernard Baruch


..."I always believe that prices move first and fundamentals come second"..

Paul Tudor Jones


.."If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks"..

John (Jack) Bogle


..“The key to successful investing is having everyone agree with you — LATER.”..

Jim Grant




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We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund



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