Florian Grummes Bitcoin – The Breakout Rally Has Begun 1. Review In our last analysis on 22nd September, we suggested that Bitcoin and the entire crypto sector might need a bit more time. Indeed, Bitcoin briefly slipped below the psychological mark of USD... Basic Knowledge 11 Nov 2024 Technical Gold and Bitcoin Analysis by Florian Grummes
Florian Grummes Gold – Pullback like a springboard In recent weeks, gold has experienced significant fluctuations, marked by an impressive rally and subsequent pullback. As the price of gold has reached new heights, investors have been keenly observin... Basic Knowledge 13 Oct 2024 Technical Gold and Bitcoin Analysis by Florian Grummes
Florian Grummes Bitcoin – Not yet ready to launch the breakout rally Since the beginning of the year, Bitcoin has gone up by more than 52%. While prices have been strongly trending higher during the first few months, the Bitcoin rally has stalled out since mid-March. S... Basic Knowledge 22 Sep 2024 Technical Gold and Bitcoin Analysis by Florian Grummes
Florian Grummes Gold – The rally is likely to continue 1. Review Starting from a low of USD 2,353 on 25th July, gold has been able to push further upwards over the past four weeks. Last Friday, spot gold prices climbed above the magical USD 2,500 mark for... Basic Knowledge 23 Aug 2024 Technical Gold and Bitcoin Analysis by Florian Grummes
Florian Grummes Bitcoin – This correction is probably not over yet Not surprisingly, Bitcoin has experienced significant market fluctuations over the last few weeks. While Bitcoin spent most of spring with a boring sideways consolidation, volatility has exploded in r... Basic Knowledge 14 Aug 2024 Technical Gold and Bitcoin Analysis by Florian Grummes
Florian Grummes Gold – Only a short-lived pullback after speculative spike Over the past few days, the gold market has experienced significant volatility and a notable decline as well as a sharp recovery in prices. Following a gradual decline in price fluctuations since mid-... Basic Knowledge 2 Aug 2024 Technical Gold and Bitcoin Analysis by Florian Grummes
Florian Grummes Bitcoin – Summer doldrums are approaching Bitcoin, the world’s leading cryptocurrency, is entering a period historically marked by reduced trading activity and price stagnation, often referred to as the “summer doldrums”. This seasonal weakne... Basic Knowledge 23 Jun 2024 Technical Gold and Bitcoin Analysis by Florian Grummes
Florian Grummes Gold - Reversal signals are increasing The gold market's meteoric rise over the past seven-and-a-half months has been nothing short of extraordinary. Fueled by heightened geopolitical tensions and robust central bank buying, gold prices sm... Basic Knowledge 28 May 2024 Technical Gold and Bitcoin Analysis by Florian Grummes
Florian Grummes Bitcoin – Recovery attempt fails, summer doldrums loom 1. Review Despite the crypto community eagerly anticipating the Bitcoin halving, the event itself did not lead to the hoped-for massive price surge. Instead, starting from the new all-time high of USD... Basic Knowledge 9 May 2024 Technical Gold and Bitcoin Analysis by Florian Grummes
Florian Grummes Gold – Consolidation triangle rather suggests continuation of the rally Gold prices have taken a dip as hopes for a rate cut diminish following the reduction of broader conflict risks in the Middle East. As the attention is now turning to the upcoming Fed meeting, gold is... Basic Knowledge 30 Apr 2024 Technical Gold and Bitcoin Analysis by Florian Grummes
Florian Grummes Bitcoin – Potential correction despite ETFs and Halving The stock market rally still demonstrates a lot of momentum, with the S&P 500 showing a year-to-date return of 7.11%. Furthermore, the market’s focus on the tech sector, with AI-related companies like... Basic Knowledge 24 Mar 2024 Technical Gold and Bitcoin Analysis by Florian Grummes
Florian Grummes Gold – This breakout is undeniable 1. Review After a sharp two-month rise to a new all-time high of USD 2,149 on 4th December, the gold market experienced a sharp pullback to USD 1,973 in the final weeks of the old trading year, follow... Basic Knowledge 12 Mar 2024 Technical Gold and Bitcoin Analysis by Florian Grummes
