Market Update Into 6/24: The Bitcoin Craze is Back

06/23/2019| By Brad Ritter

1 min read

In this weekend’s analysis, we take a look at SPY and Bitcoin and how the “Raindrops” are looking into next week. To learn more about Raindrop charts and the platform in general, make sure to check out all of our User Guides.

Weekend Analysis: $SPY and $BTCUSD

$SPY: Daily vs. Weekly Chart

$SPY daily and weekly charts.

Bitcoin: 2-Hour vs. Weekly Chart

$BTC 2-hour and weekly charts.

Bitcoin: The Power of Sensitivity Alerts

In this weekend’s “Before and After”, we take a look at Bitcoin breaking through wedge resistance and testing the previous support area above with an alert being triggered. Make sure to check out how to create your own sensitivity alert around any trendline, Fibonacci level, or upper indicators such as moving averages and Bollinger bands here.

Before

$BTC "before" chart demonstrating the power of Sensitivity Alerts.

After

$BTC "after" chart demonstrating the power of Sensitivity Alerts.

Stay up-to-date: Subscribe to posts like this!

Receive automated updates from the Prepare for the Trading Week category

Latest posts

View All

09/13/2026|Market Commentary, Prepare for the Trading Week

Market Update Into September 14th: Rate Hike Incoming?

Markets turned bearish last week after CPI and PPI inflation data came in either hotter than expected or in line, pushing the odds of a rate hike next week above 85%. Oil added fuel to the fire, with futures surging past $100 per barrel as geopolitical tensions intensified and strengthened the case for a hike. […]

09/11/2026|Posts

Apple Stock Surges on iPhone Duo Launch, AI Upgrades

Apple (AAPL) stock unveiled its first foldable iPhone, the iPhone Duo, at its “Surprise and Shine” event on September 9 under new CEO John Ternus, pricing the device at $1,999 — below the $2,099+ Wall Street had expected. Shares initially wiped out a midday loss to trade near $316 at announcement, and as of this […]

09/11/2026|Posts

Adobe Stock Falls Despite Q3 Beat, Weak Q4 Guidance

Adobe (ADBE) stock reported Q3 FY2026 results after the close on September 10th, posting record revenue of $6.76 billion (up 13% YoY) and non-GAAP EPS of $6.13 versus the $6.09 estimate, while also raising its full-year revenue and EPS guidance. Despite those beats, shares fell on Friday to roughly $248, down from $266 just a […]

09/11/2026|Posts

Oracle Stock Surges 8% on Q1 Beat, Guidance Raise

Oracle Corporation (ORCL) stock shares are trading roughly 8% higher Friday morning after the company reported a blowout Q1 FY2027 results late Thursday, posting adjusted EPS of $1.92 versus the $1.74 consensus estimate and revenue of $19.3 billion against an $19.1 billion estimate. The company simultaneously raised its full-year FY27 adjusted EPS guidance to $8.10 […]