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Our Archive of Previous Newsletters

Welcome to Bull Market Bytes!

Your byte of cryptocurrency insight where I can smell the fumes from Bitcoin’s rockets getting ready for lift-off! 🚀

For short periods of time of course for health reasons…

Let’s Explore Today’s Highlights

🧠 Fun Fact: The Original “Meme Coin”

📊 Bitcoin Breakdown: A Bullish Pattern Has Formed!

📌 Bull Market Bulletin: Current News & Stories

🔮 Crypto Projections: Coming Next Month!

The Original Meme Coin! 🧠

For many years now, we have heard of “dog coins” and “meme coins”, but the question we have to ask…

Aside from what the #&%# is a “dog coin” is… 🤣

Where did this all originate from?

Well, let’s take a time machine back to cryptocurrencies first meme coin.

In 2013, a few years after the creation of Bitcoin, Dogecoin was introduced.

Created by IBM software engineer Billy Markus and Adobe software engineer Jackson Palmer, Dogecoin was promoted as the fun and friendly internet currency.

As we see today, there is a lot of drama over which crypto is the best, so on so forth…

Their vision was to get away from all of that. 😄

Upon the release, they quickly developed an online community, reaching a peak market cap of over $85 billion on May 5th, 2021.

Dogecoin has had many celebrities vouch for it such as Elon Musk and Vitalik Buterin (co-founder of Ethereum).

To this day, Dogecoin is a top 10 cryptocurrency with a currency market cap of $18.5 billion…

Now the next question is…

Do you believe it deserves to be in the top 10 as a “meme coin”? 🤔

The History of Dogecoin

Bitcoin Breakdown 📊

Welcome back to another “Bitcoin Breakdown” segment!

The market continues to heat up as we get closer to the end of the year, and we couldn’t be more excited! 😄

Many people are calling October “Uptober” in anticipation of a strong upward movement in cryptocurrency… 😂

Either way, we are going to take a look at Bitcoin’s movement along with seeing how our projections are working out.

🧠 Remember: With the charts that we are showing below, these were drawn weeks ago and not altered.

Support and resistance lines, if used correctly, give us guidelines that we can follow.

With that said, for today, we are going to cover:

1. Cryptocurrency Heatmap (7-Day)

2. Bitcoin’s Projected Movement

And before we dive in… a word from today’s sponsor!

Thank you to Mode Mobile for sponsoring today’s newsletter! 🙏

Alright, let’s dive in!

Cryptocurrency Heatmap (7-Day)

It is always a great feeling to see so much green!

Even our last newsletter showed a great majority of green in the market, and we can’t complain about that at all! 😁

Now, when the green starts to become concerning is when it is overextending itself…

Such as 75% or higher. 📈

Now, don’t get us wrong… there is a point where we want to see these gains.

However, everything needs to align, and we are not quite there.

And we know that everyone wants a “Bitcoin moon”, but we need the perfect storm to make sure we don’t stall out…

Especially when breaking the all-time high! 🚀

Speaking of the perfect storm… let’s take a look into our next topic.

Bitcoin’s Projected Movement

Believe it or not, Bitcoin has continued to move upward and is now at a very important spot in movement!

At this time, we are in a symmetrical triangle pattern…

But what if I told you we have just developed a bullish pattern within this neutral pattern?

Well, we have done exactly that! 😮

Let’s take a look at the image below!

As we see above, we have the symmetrical triangle pattern outlined in the teal, but let’s look at the white rectangle.

This rectangle is highlighting the most recent bullish candles…

And what is exciting about this is that it forms a pattern called the “three white soldiers”. 🗡️

This specific pattern normally indicates higher movement, which is great for us! 😎

And now, with that said, there is a key spot that we are now focusing our attention on…

Above, we have highlighted the most recent candlestick…

Also, the last candlestick within the three white soldiers’ pattern.

The reason why this is highlighted is because…

We are at another Moment of Truth! 👀

For anyone that may be familiar with this, this is a key point where a decision needs to be made with Bitcoin’s movement…

And that decision is… do we break the symmetrical triangle formation? 🤷‍♂️

We would like to also point out… see how the wick of the current candlestick touches the symmetrical triangle outline…

And then it pulls back. It goes to show that these trendlines are perfect indicators for projecting movement!

I suppose to crystal ball is working for us! 🤣 

🧠 Quick reminder! Our next point that we are looking at is the week of the 14th of October (or “Uptober”). 😄

If we do continue to break upwards, then our chances will continue to increase. As it stands now, we are calculating…

1. Bullish - 77.8%

2. Bearish - 22.2%

Only time will tell, but let’s just take a moment to soak in Bitcoin’s upward movement…

It feels like years since we have had some decent movement… 😅

🧠 Don’t forget! We have about two weeks until we see it Bitcoin will break a key resistance line. Be patience, fellow diamond hands! 💎

Bull Market Bulletin 📌

Former Binance CEO Walks Free! After a long 118-day sentence… well long to some, I suppose… Changpeng “CZ” Zhao now walks free following his 4-month prison sentence. Now the question we have to ask ourselves… Will the price of BNB now be affected with him being released? 🤷‍♂️ And if so… will it be a good or a bad thing?

Investors Nets 2,554X Return…With One Small Problem… The possibility of gains are endless in the world of cryptocurrency, and this story proves just that. A trader turned an initial investment of $1,300 into $3.4 million in two weeks! 🤯 However, there is one small problem that the trader will face…

Is AI Becoming Self-Aware? Technology continues to advance at a fast rate… maybe even an alarming rate… 😬 This new system combines “a logical reasoning engine, evolutionary program learning and deep neural nets in a dynamic knowledge graph”. Sounds fancy! 😎 

PayPal is Integrating a Major Crypto Move! As time continues, major businesses are becoming more onboard with cryptocurrency… which makes sense, they don’t want to get left behind. Now, PayPal has made a major announcement that is aimed directly to business owners. More access to crypto means more integration! 🚀

Crypto Projections 🔮 

We are bringing back a classic for this newsletter! 😃

We are currently working on development of our crypto learning academy, so we are now implementing cryptocurrency projections.

This is where we take a look at a cryptocurrency, break down its movement history…

Well, and ultimately shake a magic 8 ball to give us an answer of what happens next. 🤣

October is going to be awesome!

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