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Over the weekend, our Whatsapp and Telegram trader’s groups were abuzz with activity, primarily because the crypto charts were starting to tell an exciting story. There was a strong indication that we were about to see some movement, likely to the upside.

Our Financial Analyst Graeme Tennant shared a symmetrical triangle with contracting volatility on both BTC and Ethereum, and felt bullish. Within 48 hours both these scenarios played out, and those who agreed with the consensus enjoyed a successful trade.

ETH moved most significantly of the two, providing some outstanding gains, while Bitcoin looked like it was aiming for $8000 but only reached $7450, at which point Graeme and the traders agreed that it was time for a cool off.

In this “lockdown edition” of our weekly Market Analysis, we look at where things could be headed next, with a likely cool down period expected for the next few days…



You can also find it on our Podcast page using one of the below links to your favourite platform:


SPOTIFY (James’ personal favourite, even with an iPhone!)








ANCHOR (The host service)

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James Preston
James Preston is the Executive Editor of Global Crypto. He is a writer and media commentator who has been reporting on how the Tech industry will make the world a better place for 14 years, with a large following on South African radio. He is an early adopter of Bitcoin, and began reporting on its revolutionary capabilities in late 2014. Philosophical by nature, he is intrigued by how the world works, and in turn, how it can be bettered. James believes wholeheartedly that the world can become as close to perfect as we humans can imagine, but it will take a lot of effort (and time) to get there. He believes his life purpose is to inspire people to believe this, and find their place in helping humanity achieve it. James regularly does talks on emerging technology and its impact on society at Universities, global conferences, and events. To invite him to speak at your event, or comment for your media outlet, email