Florian Grummes

Articles by Florian Grummes

Still Caught In A Consolidation

Looking back to my silver analysis from early march, silver indeed continued to move sideways for the last three months. The precious metal is still caught in a large consolidation. At least, silver was...
Over the last 10 days Bitcoin and the whole crypto sector strongly bounced from oversold levels and posted a significant recovery. Some of the altcoins more than doubled already. Before that a two week long base building pattern coupled...
Since my last "official" analysis on this site, Bitcoin indeed continued its way down and reached the "potential buying zone between 8,000 and 8,500 USD" two times (March 9th and March 11th). The expected but very fast bounce out of this...
After failing from 11,800 USD for the second time Bitcoin has been quickly losing ground. Over the last couple of hours prices crashed more than 1,000 USD down to 9,400 USD. That´s a drawdown of  nearly 20% in just three...
Many industrial use cases but trading way below its 1980 highs



The price for one ounce of silver currently sits around 16.75 USD. Since its last important high at 21.15 USD in July 2016 the price is down 21% and seems to be caught...
My general thinking remains this: Bitcoin has been rising from 162 USD up to nearly 20,000 USD within 28 months and Ethereum went from 8 USD up to 1,400 USD in just 12 months. These types of spectacular moves are usually not digested with...
Fed has done all it can to fix US economy's non-structural issues, now it must hike rates