Ryan Wilday joins me today for a look into the Bitcoin and overall cryptocurrency markets. We start with a comment on the technical set up where Ryan shares his positioning and stops. Next is a general discussion about the safe haven appeal of Bitcoin.
Voyager Digital (TSX.V:VYGR) was introduced to me a couple weeks ago and really caught my eye. This Company offers low cost cryptocurrency trading (in 20 coins currently) through a straight forward Apple app. Licensed in 49 states, with NY being the only outlier right now, and in operation for only 6 months there are a number of future drivers that could help the Company move forward.
Steve Ehrlich, CEO of Voyager joined me to provide an overview of the trading service. We discuss how the Company makes money and the other avenues to growth, including expanding internationally, growing the coins that are tradable, and other products that can be offered.
Please let me know what you think of Voyager as well as any questions you have – Fleck@kereport.com.
Ryan Wilday, cryptocurrency technician at the Elliot Wave Trader website joined me today to share his new targets for Bitcoin. After the run so far this year he is looking to $13,000 as an immediate upside target with the low $6,000 as a downside target.
With Bitcoin popping higher the question is being asked if the pop is due to safe haven buying or simply a overdue bounce. Ryan Wilday joins me to share his thoughts on the move higher and where he thinks it could go.