In this video Bitcoin Analysis $BTC we discuss the daily and weekly stock chart of Bitcoin $BTC and the Semiconductor ETF $SMH. Discusses if we have seen a bubble burst in Bitcoin as well as other blockchain cryptocurrencies. Bob uses candlestick charting and technical analysis indicators such as the Bollinger Bands and the Relative Strength Indicator or RSI to show how the markets sent traders of Bitcoin a signal that a correction was very near. Bob mentioned the stock charts on a number of the blockchain technologies in his video “Cryptocurrencies Buy or Bubble” on YouTube, StockTwits and Twitter on December 16th.
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