In this 2nd episode of our Currency Analysis Series, I want to explain how I analyze the trend of bitcoin, gold, silver, and the Euro after the announcement by the Ben Bernanke that they will be slowing down the money printing press.
I also want to talk about the Chinese government’s ban on third party payment processors in China and how it temporarily affected the price of bitcoin.
Since I had time, I also decided to throw in a bonus analysis and decided to take a look at the trend of Litecoin for the first time on TradingView.com.
Unfortunately, I used the symbol LTC/USD which was wrong and I discovered after the video recording that the symbol should have been LTCUSD. Oh well, we’ll get it right next time. Enjoy and let me know what you think in the comments below.
Click Currency Analysis for a list of all the episodes in this series or click the link below to watch the next episode:
You can support our efforts to help people find freedom at our donations page.