Mike McAra

Contributor since: 27 Jan 2014

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• Bitcoin Bounces Off Key Resistance Level

  Published 13 July 2018 | viewed 2,238 times

  Bitcoin’s move up seemed to be continuing and the first impression was that we were seeing a first period of appreciation in some time. But…

• Bitcoin Rallies, But Outlook Remains Bearish

  Published 03 July 2018 | viewed 2,199 times

  The recent couple of days have turned the short-term outlook on its head for some traders. The last couple of months have seemed like smooth…

• Things Are Beginning To Look Up For Bitcoin

  Published 19 June 2018 | viewed 1,959 times

  The last couple of weeks have been disheartening for Bitcoin bulls. The currency has been on a move down. Is this about to end? The…

• Bitcoin Struggles Following Manipulation Claims

  Published 15 June 2018 | viewed 2,395 times

  Bitcoin has been denying the bullish ideas of some of the investors for some time now. At the moment, the currency is in a particularly…

• Bitcoin Traders Can’t Catch A Break

  Published 05 June 2018 | viewed 1,800 times

  There seems to be some respite for Bitcoin traders. It might be tempting to take this breather as a sign of the tide turning. We…

• Bitcoin Falls After Failing To Break Key Resistance

  Published 11 May 2018 | viewed 3,332 times

  The situation in the market has become one where Bitcoin is trading on relatively low volume without major moves. But the currency is in a…

• The Bitcoin Bulls Have Been Let Loose

  Published 27 April 2018 | viewed 2,183 times

  Another week, another outrageous prediction for the price of Bitcoin. We just saw a forecast at more than 75 times the current value of the…

• Bitcoin’s Breakout Is Not As Bullish As it Seems

  Published 20 April 2018 | viewed 2,914 times

  What’s Bitcoin really worth? This question might really drive you mad if you think hard enough about it. $0? $10? Maybe $1,000,000 for one coin?…

• Bitcoin Struggles To Break Out Of Bear Territory

  Published 06 April 2018 | viewed 2,153 times

  Is Bitcoin worthless? Depreciation brings such questions as it has in the past. Bitcoin traders might be worried by such statements. But should they be…

• How Low Can Bitcoin Go?

  Published 16 March 2018 | viewed 2,436 times

  Punch-drunk from a series of crunching blows, dazed and confused, staggering for the ropes. It’s hard not to get the image of Bitcoin being pummeled…

• Is Bitcoin Heading Into Bear Territory?

  Published 09 March 2018 | viewed 2,936 times

  In a move surprising to some, the SEC has announced that a number of cryptocurrency exchanges must register with the agency. Without naming names, the…

• Vicious Trio Keeps Bitcoin in Chokehold

  Published 23 February 2018 | viewed 2,712 times

  The craziness of it. Bitcoin has been storming up and down, from $20,000 to $6,000 and back to $11,000 again. This volatility makes most traders’…

• The Most Polarized Commodity Ever

  Published 19 February 2018 | viewed 0 times

  The views on Bitcoin among various investors are quite polarized. The whole spectrum includes both people directly owning the cryptocurrency and those who seem to…

• Bitcoin Rebound after Correction

  Published 20 June 2017 | viewed 0 times

  Bitcoin is down from the all-time high but not really down significantly. In an article on CNBC, we read: Bitcoin quickly bounced back from the…

• Bitcoin Corrects

  Published 13 June 2017 | viewed 0 times

  Bitcoin is now a lot more popular among mainstream investors than it was only a couple days ago. This is perhaps evidenced by the fact…

• Bitcoin Sees Most Important Action in Years

  Published 06 June 2017 | viewed 0 times

  Bitcoin is right after a period of pullback from the recent all-time high. Is this move only a temporary correction or a beginning of a…

• Bitcoin Trading Alert: Fake Moves in Bitcoin

  Published 19 April 2016 | viewed 0 times

  Bitcoin Trading Alert originally published on April 18, 2016, 08:08 AM.   In short: short speculative positions, target at $153, stop-loss at $515. Remember how…

• Bitcoin Trading Alert: Bitcoin in Tight Range

  Published 12 April 2016 | viewed 0 times

  Bitcoin Trading Alert originally published on April 11, 2016, 11:12 AM.   In short: short speculative positions, target at $153, stop-loss at $515. Bitcoin might…

• Bitcoin Trading Alert: Bitcoin Volatility Deceptively Low

  Published 08 April 2016 | viewed 0 times

  Bitcoin Trading Alert originally published on April 7, 2016, 10:59 AM.   In short: short speculative positions, target at $153, stop-loss at $515. A custom…

• Bitcoin Trading Alert: Bitcoin Edging toward Declines

  Published 01 April 2016 | viewed 0 times

  Bitcoin Trading Alert originally published on March 31, 2016, 11:26 AM.   In short: short speculative positions, target at $153, stop-loss at $515. If you…