Michael Hodges

Bitcoin $15,000 Is Right Around The Corner

Jun. 21, 2019

Bitcoin Broke Out, Again; The Rally Is In Full Force I stated just a short two weeks ago that Bitcoin was going to move up to set new highs this month. Well, I was right and I don’t mind tooting my own about now. Bitcoin has broken above $9,000 smartly and move up to set […]

The FOMC Will Cut Rates, But Not This Month

Jun. 17, 2019

The FOMC Will Alter Their Stance, Doves Are Flying The FOMC is expected to now, more than ever before, cut rates in 2019. The CME’s Fed Watch tool is showing a near 100% chance of not one, but three interest rate cuts by the end of the year. This reason is simple, mounting global tensions, […]

This Is Why Bitcoin Will Reach New Highs This Month

Jun. 14, 2019

Bitcoin Will Hit $13,000 Very Soon Bitcoin is having a solid rally this year, there is no doubt about that. The combination of technical conditions, growing acceptance globally, and an upcoming halving are supporting the world’s leading cryptocurrency. Over the last few weeks the coin has topped the $8,000 level and entered a consolidation that […]

Litecoin Rises To The Top Of The Rankings

Jun. 10, 2019

Litecoin Is Leading The Market Again Litecoin, it’s leading the market again. The world’s first, best off-shoot of the Bitcoin blockchain is making a big move. The coin is up more than 10% in the last 24-hours and more than 445% in the last few months making it the best returning coin in my portfolio. […]

Weekly Cryptocurrency Market Outlook, On The Move Again

Jun. 07, 2019

Crypto Market Prepares To Move Again After several weeks of sideways consolidation, price correction, and token rotation the crypto currency market is getting ready to move again. Over the past couple of days all major currencies have bottomed at key support levels and begun to rebound. The rebound is still early, the recent highs have […]

Dollar Rally Stalls Because Trade Concerns Mount, What You Need To Know

Jun. 03, 2019

The Dollar Index May Have Peaked The dollar rally has stalled as trade concerns mount. The escalation of rhetoric between the U.S. and China, the threat of tariffs against Mexico, and the uncertainty over the USMCA threaten to disrupt the global trade order. While the U.S. economy remains the strongest worldwide and outlook for growth […]

Market Correction, It’s Here, Embrace It

May. 31, 2019

The Market Is Moving Lower There are a lot of reasons to think a market correction is coming (happening) but the number one is trade. The global trade environment has been disrupted and the disruptor, Trump, isn’t letting up. If anything, he’s intensifying already hardline tactics in an effort to force change. The latest salvo, […]

The Bitcoin Breakout We’ve All Been Waiting For

May. 27, 2019

Bitcoin Breaks Out And Sends A Bullish Sign Bitcoin broke above the $8,000 level giving a firm signal of bullish activity. This is the breakout we’ve all be waiting for, all of Bitcoin bulls that is. The price of BTC has been in consolidation for nearly a month after posting a near-record rally in the […]

Litecoin Halving Is Driving The Price Of LTC Higher

May. 24, 2019

Litecoin, still leading the market higher Litecoin led the cryptocurrency market rebound earlier this year and it looks like it is going to lead the second leg of the rally too. The price of LTC versus the dollar has spiked more than 12% in the last 24 hours and confirmed a key support. Support is […]

A Bitcoin Selloff You Should Be Happy About

May. 17, 2019

Bitcoin Moves Lower, Buyers Snatch Up Discount Coins After posting a triple digit rally the inevitable happened. Bitcoin reached up, touched a key resistance level and unleashed a round of selling. The selling is a combination of profit-taking and lingering HODL’rs from 2017 and 2018 trying to get out while they can. The bad news […]