Welcome back everyone to another exciting update in the fascinating world of forex and cryptocurrency trading! Bitcoin eclipsed the $9,000 level and you may hear and read more about FOMO driving price action higher. Who or what is FOMO? It’s an acronym which stands for “Fear of missing out”, basically everyone was scared of Bitcoin below $4,000, then watched it more than double and are now scared that if the remain on the sidelines for a bit longer we will soon have new all-time highs above $20,000.

Welcome back everyone! Before we dive into today’s exciting edition of my Bitcoin - Forex Combo Strategy, let’s give it up to support levels in Bitcoin which repelled the bearish attack on price action. There is still a chance for another push to the downside, but as I outlined in last week’s update “Bitcoin - Forex Combo Strategy: Neo Upgrade”, I don’t see any sustained move below $6,380. At current prices, I am not adding to my existing Bitcoin position.

Welcome back everyone, I am sure most of you wonder how long the correction in Bitcoin as well as other cryptocurrencies will last. Before I answer that question, let me remind you that corrections are necessary for a healthy up-trend. I have mentioned a correction in last week’s post “Bitcoin - Forex Combo Strategy: What’s Next for Jesse Lund?” where I also explained why I took a 500 Bitcoins short position at $8,800.

The rally extends across the cryptocurrency sector! Welcome back everyone to this week’s edition of my Bitcoin - Forex Combo Strategy. At last week’s update “Bitcoin - Forex Combo Strategy: The Facebook Coin” I outlined that I closed my short position in Bitcoin at a nice profit and that I was willing to short if we would see an unwarranted spike in price action.

Welcome back to this week’s update to my Bitcoin - Forex Combo Strategy. After Bitcoin eclipsed the $8,000 mark we saw a spike in volatility and a drop in bullish momentum. Price action currently struggles with this level which is a normal development after the strong rally we have had. The markets are waiting for the next catalyst and some institutional investors may want to lock in some profits and re-enter after a short-term sell-off.

Welcome back to this week’s edition of my Bitcoin - Forex Combo Strategy. Let’s address the elephant in the room before we dive into Ethereum 2.0. Hackers stole 7,000 Bitcoins from Binance. CEO Zhao Changpeng stated “The hackers had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time. We must conduct a thorough security review.

Welcome back everyone to this week’s edition of my Bitcoin - Forex Combo Strategy. Last week I briefly touched on the Swedish Government hack which for 30 minutes claimed that Sweden has adopted Bitcoin as their official currency. This was obviously incorrect, but Sweden is leading the push into a cashless society and is exploring the issuance of a digital Swedish currency backed by the government.

A quintet of hackers took over the official Twitter handle of Sweden’s ruling Social Democrats on April 15th 2019 and tweeted about Bitcoin. The group convinced Twitter that they are the Swedish government which involved changing phone numbers, e-mails as well as submitting ID’s. Twitter was fooled and the hackers tweeted that the Swedish government is abandoning the Swedish Krona in favor of Bitcoin. One of the deleted tweets stated “We have abolished the Swedish krona and replaced it with Bitcoin.

The US is falling behind in the cryptocurrency sector as other parts of the world, led by Europe and Asia, have taken a leadership role. This has led to the reintroduction of the US Token Taxonomy Act in the US House of Representatives. This bill was originally proposed in December of 2018 and is sponsored by Republican Representative Warren Davidson and by Democratic Representative Darren Soto. The US Token Taxonomy Act will exclude cryptocurrencies from being classified as a security under US law and amend the Securities Act of 1933 as well as the Securities Act of 1934.

It appears that after April Fool’s Day, April 1st, Bitcoin decided to wake-up from hibernation as it surged double digit and sucked many of its peers up with it. Welcome back everyone to this week’s edition of my Bitcoin - Forex Combo Strategy! What a start to the week we have had and it appears that we could push a bit further. There have been no major fundamental developments which warranted the sudden surge in price action and many analysts have already dismissed this as nothing more than a temporary surge in enthusiasm surround the cryptocurrency sector.

Great to see everyone back and welcome to the new followers of my Bitcoin - Forex Combo Strategy which I execute right here at PaxForex! Let’s dive right into, shall we?

Hello and welcome back everyone! Since last week’s update “Bitcoin - Forex Combo Strategy: Crypto Index Product Launch”, where I discussed the launch of a new Ethereum based exchange traded product (ETP) listed on the main Swiss stock exchange, price action has been quiet and stable. This is a good thing as we don’t want those crazy moves which we saw as the bubble boomed and burst, leading to what is now known as the crypto winter.

Welcome everyone! Before we dive a bit deeper into today’s topic of Bitcoin ETFs, let me take a moment and look at the price action recovery in cryptocurrency assets since last week’s update. During last week’s post, which you can read up on at “Bitcoin - Forex Combo Strategy: Digital Gold”, I pointed out that Bitcoin could quickly advance towards the $6,000.

Welcome back everyone to another exciting edition of the Bitcoin - Forex Combo Strategy. I am glad to see that support levels, not just for Bitcoin, came through and pushed price action higher over the past four trading sessions. The crypto-winter, as many have called the last few months, appears to be coming to an end as prices are thawing and expanding. Back on December 5th 2018 I have talked about the rise in fundamentals despite all the negative attention which was fixed solely on price.

Welcome back everyone to my weekly update on the cryptocurrency market and on my Bitcoin - Forex Combo Strategy. We had a very solid start to 2019 as far as fundamental developments are concerned, but as you all know the price of many cryptocurrencies did not follow through. Not yet that is. As Bitcoin is approaching the lows its bear market, volume has spiked in many local markets. This suggests that traders are preparing their wallets for what may come next. It is entirely possible that we will slide down to the lows, but what will happen once we test support?

Let me start today’s update by stating once again that you need to be patient with this year’s cryptocurrency market.

Hello and welcome back everyone, what a start we already had to 2019! There have been some really exciting developments over the past week which only added to the overall increase in bullish fundamental news flow surrounding cryptocurrencies. While institutional traders often talk about the benefits of using blockchain technology in their operations, implementation has been rather slow and near absent. One of the biggest obstacles remains a more widespread adoption of the blockchain technology as well as cryptocurrencies by institutional clients in the financial service sector.

Some of the biggest appeals for cryptocurrency enthusiasts is the decentralized nature of the ecosystem, privacy and anonymity of the sector. Regulators have little space in this equation, but ultimately even hardliners in cryptocurrency need to find a way to accept some sort of regulation. The reason being is that if cryptocurrencies should be accepted as an alternative to other payment options, it will not happen without regulation. In general, regulators have so far reacted less favorable to cryptocurrencies and denied applications to make the sector more mainstream.

Welcome to the last 2018 update, post Christmas and pre New Year! Was Santa good to you? While cryptocurrencies are down across the board over the past 36 hours, it is only normal to take a breather after the powerful rally we have witnessed. Now some may view the most recent bounce as a “suckers rally” or a “dead cat bounce”, which means it is only a temporary advance within a larger move to the downside. While we would need more price action to get the real answer, for now it appears a healthy retreat inside a larger move to the upside as support levels are holding.

A wonderful winter day everyone, is the snow falling where you are or do you enjoy sandy beaches? Bitcoin has stopped falling and currently enjoys a solid increase in bullish momentum. Price action completed a breakout above its horizontal support area today and short-covering can push this cryptocurrency back above the $4,000 level rather quick. I am currently watching the $4,384.74 level to be exact which represents the intra-day high recorded on November 29th 2018. This is a very crucial level as a sustained move above it can extend this rally back above $6,500.

Welcome back everyone, I hope you guys are as excited about your portfolio as I am. As you all know, the cryptocurrency sector has been deflating the bubble. It appears as if price action is slowly starting to form a bottom as traders sort through the noise and understand that the fundamentals are getting stronger. I wrote about this last week and you can catch up on it by reading “Bitcoin - Forex Combo Strategy: Fundamentals Stronger Than Ever”.

It is easy to jump on the bandwagon and claim the death of cryptocurrencies. The market has been filled with speculators who entered the trade based on hopes for something, but with knowledge of nothing. Following tweets and making investment decisions is not a smart approach. Intelligent investors filter through the noise and focus on what matters and what will eventually drive the markets. While the massive Bitcoin tally which took to the $20,000 mark at the beginning of this year was way overdone, so is the recent sell-off.

Many blame the big sell-off in cryptocurrencies on the Bitcoin Cash Hash War which erupted as two factions could not agree on how to proceed. This resulted in a hard fork into BCH-ABC and BCH-SV. BCH-ABC won the Satoshi Nakamoto Challenge and the rights to keep the existing Bitcoin Cash infrastructure while BCH-SV will be allowed to co-exist, the SV is an acronym for “Satoshi’s Vision”. As is common with hard forks, miners and developers were unable to agree on how to address the issues in the blockchain and two different ideas emerged.

Today I would like to briefly talk about the cryptocurrency crash which we saw ripple though the market over the past week. I would like to state that I didn’t see this crash coming and was positioned long. Prior to the crash, cryptocurrencies enjoyed a rather calm trading environment with prices hovering at very big support levels. That and the seasonality which we get to enjoy now, the Christmas period, resulted in me being bullish.

Last week I discussed the importance of candlestick patterns in my Bitcoin - Forex Combo Strategy. For those who missed the post, please make sure to read it at “Bitcoin - Forex Combo Strategy: Candlestick Patterns”. It is very important for you that you not only learn about them, but also understand what they tell you about price action.

It has been twelve months now since I started to execute my Bitcoin - Forex Combo Strategy. I entered the cryptocurrency market more by accident than anything else. On October 12th 2017 I received 2.5 Bitcoins valued at $5,000 each for some freelance work I have completed for a technology firm. It was right at the time when Bitcoin exploded to the upside and the bubble reached its full potential. A lot of digital millionaires were printed on paper, but as Bitcoin came crashing down early 2018 those millionaires quickly left this exclusive club.

I am glad to see all my loyal readers back for the very exciting Part 4 of my Bitcoin - Forex Combo Strategy and also happy to welcome my new readers. Over the past three parts I have showed you step-by-step how I grew my initial 2.5 Bitcoins which I received on October 12th 2017 at $5,000 each into 72 Bitcoins which I bought at $6,000 each on June 28th 2018. Bitcoin as well as the entire cryptocurrency sector has entered a meltdown over the same period and while many held on to the coins, hoping for a turnaround, I created a strategy which combined my Bitcoin assets with forex trading.

I would like to welcome all my existing readers back and thank all my new readers for taking a chance and following my journey from Bitcoin through forex and vice versa. At the start of 2018 I had a total of 2.5 Bitcoins in my wallet. Four months later I was proud owner of 28.85 Bitcoins.

Welcome back to Part 2 of my Bitcoin - Forex Combo Strategy. Last week I showed you how I started 2018 with 2.5 Bitcoins and how I turned them into 11.5 Bitcoins in the first week of February. Now you may think that I did a lot of trading during that period, but I only executed two Bitcoin transactions and three forex trades to accomplish this.

Hello cryptocurrency traders, Bitcoin enthusiasts as well as forex traders and welcome to my Bitcoin - Forex Combo Strategy. Cryptocurrencies, with Bitcoin leading the push, started to expand following the last global financial in 2008. They were meant to break with the old monetary and centralized financial system. Fast forward a few years, I received my first Bitcoins on October 12th 2017 at $5,000. Initially I was not interested in joining the crypto craze, but the firm who engaged me for some freelance work was unable to pay me in cash as it as tied up in some legal proceedings.

The Good: Bitcoin Network Adds Biggest Block to Date Over 9 months into the bear market for Bitcoin, there are signs of technological improvements in Bitcoin. The average block size is 0.804MB and includes 1,609 transactions per block. On September 5th 2018, block number 540107 came in at 2.260MB and only 230 transactions. This was accredited to the implementation of soft fork Segwit. Google Reverses Cryptocurrency Ad Ban

A key support level for the controversial cryptocurrency Bitcoin was able to prevent total collapse for the time being as it attracted enough bids which allowed a short-covering rally to unfold. Price action briefly moved into a horizontal support area between $5,540.00 and $5,925.05 when Bitcoin’s latest rout recorded an intra-day low of $5,749.93 and then another dip with an intra-day low of $5,840.70.

In 2017 Bitcoin rallied many its cryptocurrency peers into one of the biggest rallies in financial history. At some point, Bitcoin was up over 2,000% on an intra-day base level. Many refer to the cryptocurrency mania as a retail phenomenon as the majority of professional investors shy away from the highly volatile digital asset class. Some well-known titans of industry even went as far as to label it a scam.

Is 2018 the year many cryptocurrency riches will be burnt by regulators trying to reign in the hype? Time will tell, but so far 2018 delivered a long predicted correction in the price of cryptocurrencies across the board. Bitcoin is leading the headlines and dropped to its lowest level since December 5th 2017. Technicians are watching the $13,040 mark as a sustained close below this level would suggest that more downside should be expected.

Bitcoin’s meteoric rise has accelerated in October as the biggest crypto currency rallied past the $5,000 as well as the $6,000 in one month alone and is currently trading above $7,000. Many are wondering how much further Bitcoin can rally before it will enter a correction or a potential crash, if ever. Currently it appears as if $8,000 is a level it could reach and breach and two Goldman Sachs analysts circulated a research note this past Sunday signalling a cautionary note as Bitcoin continues its surge.