Month: November 2020

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Bitcoin Price Prediction: BTC/USD Struggles to Retest the $14,000 Overhead Resistance, Larger Uptrend Intact

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Bitcoin (BTC) Price Prediction – October 31, 2020
BTC/USD now trades below the $14,000 resistance. The king coin pulls back each time it retests the current resistance.  The crypto has continued to sustain above the simple moving averages. This is responsible for the upside momentum.

Resistance Levels: $13,000, $14,000, $15,000
Support Levels: $7,000, $6,000, $5,000

BTC/USD – Daily Chart

On October 21, after breaking above the $12,000 and $12,460 resistance, the upside momentum was maintained consistently on the 4-hour chart. At that point, the price is making a series of higher highs and higher lows. Today, because of the rejection at the $14,000 resistance, the price has fallen to the range-bound zone of $13,060 and $13,800. BTC price was earlier struggling to break the resistance at $13,800. After that, the range-bound movement narrowed to $13.060 to $13,600.

At this narrow range, a breakout occurred to clear the resistances … Read more

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How To Pull Out of a Downward Spiral

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When my father turned 70, he decided one day that he just couldn’t stand going to work any longer, so he stayed in bed for the next ten years, not because he was physically sick but because he was so depressed he couldn’t function.

I am thus genetically loaded to be depressed, so it’s not surprising that I’ve struggled most of my life with depression, which in my case takes the form of the horrible feeling that everything in the world is going wrong at the same time.

I know exactly what it feels like to be in a downward emotional tailspin. While I’m perfectly capable of doing an emotional tailspin when my life seems to be going well, it’s more difficult to keep afloat during times that involve real-life challenges.

I’m facing one of those challenges tonight.

As i write, I’m quarantined in my home office because my wife,

… Read more