It is September 29th, 2018
BTC dominance is currently at 52.1% (+0.3%). The total market cap is currently at $216.5 billion (- $7.5 billion). The market volume of the last 24h was $15.8 billion (- $0.5 billion).
Fundamental analysis
US Congressmen Call on SEC for Regulatory Clarity Regarding Cryptocurrencies
https://cointelegraph.com/news/us-congressmen-call-on-sec-for-regulatory-clarity-regarding-cryptocurrencies
70% of Small-Cap Cryptocurrency Tokens Now Worth Less than ICO Raised
https://www.ccn.com/70-of-small-cap-cryptocurrency-tokens-now-worth-less-than-ico-raised/
Bitcoin Fraudsters Misled Investors and Impersonated Regulators, CFTC Alleges
Technical analysis
H4 time frame : https://www.tradingview.com/x/yIuVS2UW/
Our final long target has been achieved yesterday and then we saw the dump. The price is going up and down, ranging in the channel and the chances for uptrend or downtrend are almost the same! But what we want to say is more fundamental or more about market sentiment! We think that chances for downtrend and higher than chances for uptrend and here is the reason! Market get used to this price! People are not scared to see BTC at 6k. It is becoming normal! When something becomes normal in crypto world, it is warning sign. We got a lot of positive news in last few weeks but nothing significantly did happen! Our opinion is that BTC is most likely going to continue to go sideways for next few weeks because TA is not read for both uptrend or downtrend! But because of current market sentiment, if we see some big move in next few days, more likely it is going to be dump!
Now, everything depends on FA. We todl you few weeks ago, when we get 2-3 bit positive news, the bottom is reached and bull run may start! These news could happen in few days or few months! Once it happens price will go up! So generally, for investing, if you buy now, you are buying close to the bottom and for an investmnet is is perfect buy entry! But for trading, ever $ does matter and that's why we are waiting only for safe etries with positive risk to reward ratio!
Daily time frame : https://www.tradingview.com/x/wwHRaPaj/
It is testing support area. If it closes above, we will look for long entries, otherwise we will look for short entries! Currently, it is very indecisive so we are going to trade only with confirmation!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 52.1% (+0.3%). The total market cap is currently at $216.5 billion (- $7.5 billion). The market volume of the last 24h was $15.8 billion (- $0.5 billion).
Fundamental analysis
US Congressmen Call on SEC for Regulatory Clarity Regarding Cryptocurrencies
https://cointelegraph.com/news/us-congressmen-call-on-sec-for-regulatory-clarity-regarding-cryptocurrencies
70% of Small-Cap Cryptocurrency Tokens Now Worth Less than ICO Raised
https://www.ccn.com/70-of-small-cap-cryptocurrency-tokens-now-worth-less-than-ico-raised/
Bitcoin Fraudsters Misled Investors and Impersonated Regulators, CFTC Alleges
Technical analysis
H4 time frame : https://www.tradingview.com/x/yIuVS2UW/
Our final long target has been achieved yesterday and then we saw the dump. The price is going up and down, ranging in the channel and the chances for uptrend or downtrend are almost the same! But what we want to say is more fundamental or more about market sentiment! We think that chances for downtrend and higher than chances for uptrend and here is the reason! Market get used to this price! People are not scared to see BTC at 6k. It is becoming normal! When something becomes normal in crypto world, it is warning sign. We got a lot of positive news in last few weeks but nothing significantly did happen! Our opinion is that BTC is most likely going to continue to go sideways for next few weeks because TA is not read for both uptrend or downtrend! But because of current market sentiment, if we see some big move in next few days, more likely it is going to be dump!
Now, everything depends on FA. We todl you few weeks ago, when we get 2-3 bit positive news, the bottom is reached and bull run may start! These news could happen in few days or few months! Once it happens price will go up! So generally, for investing, if you buy now, you are buying close to the bottom and for an investmnet is is perfect buy entry! But for trading, ever $ does matter and that's why we are waiting only for safe etries with positive risk to reward ratio!
Daily time frame : https://www.tradingview.com/x/wwHRaPaj/
It is testing support area. If it closes above, we will look for long entries, otherwise we will look for short entries! Currently, it is very indecisive so we are going to trade only with confirmation!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
US Congressmen Call on SEC for Regulatory Clarity Regarding Cryptocurrencies
More than a dozen congressmen have sent a letter to the SEC asking the agency to provide more clear regulation regarding cryptocurrencies.
Crypto Signals
It is September 29th, 2018 BTC dominance is currently at 52.1% (+0.3%). The total market cap is currently at $216.5 billion (- $7.5 billion). The market volume of the last 24h was $15.8 billion (- $0.5 billion). Fundamental analysis US Congressmen Call…
It is September 30th, 2018
BTC dominance is currently at 51.4% (- 0.7%). The total market cap is currently at $221.5 billion (+ $5 billion). The market volume of the last 24h was $15.1 billion (- $0.7 bilion).
Fundamental analysis
Ripple Leads Crypto Coalition Seeking Gov’t Oversight Encouraging Crypto, Blockchain
https://cointelegraph.com/news/ripple-leads-crypto-coalition-seeking-govt-oversight-encouraging-crypto-blockchain
Mike Novogratz: Bitcoin Price Rally Inbound in Q1 2019
https://www.ccn.com/mike-novogratz-bitcoin-price-rally-inbound-in-q1-2019/
The $1 Trillion Wallet: BitGo's Big Plan to Secure the Biggest Bitcoin Fortunes
https://www.coindesk.com/the-1-trillion-wallet-bitgos-bid-to-bring-bitcoin-to-wall-street-and-beyond/
Technical analysis
Daily time frame : https://www.tradingview.com/x/jNip2ll2/
Daily closed above our green area and it is very good sign for potential long orders but do not rush jumping into long position! After we got potentially bullish candle, today's candle has to confirm it! We can easily see formation that happened from Aug 27 to Sep 1 (marked on the chart).
H4 time frame : https://www.tradingview.com/x/5swalFWq/
This time frame is not so bullish that's why we are thinking we will see test of this blue area where if we see just a shadow but not close below, we may have perfect long entry! It is also on support of the uptrend trend line so it is very strong area! If that area gets broken, everything will turn bearish and then we are look only for short triggers!
So, blue area is the area to look for long entries! Long triggers may happen around 6520 area but depends up on price action!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 51.4% (- 0.7%). The total market cap is currently at $221.5 billion (+ $5 billion). The market volume of the last 24h was $15.1 billion (- $0.7 bilion).
Fundamental analysis
Ripple Leads Crypto Coalition Seeking Gov’t Oversight Encouraging Crypto, Blockchain
https://cointelegraph.com/news/ripple-leads-crypto-coalition-seeking-govt-oversight-encouraging-crypto-blockchain
Mike Novogratz: Bitcoin Price Rally Inbound in Q1 2019
https://www.ccn.com/mike-novogratz-bitcoin-price-rally-inbound-in-q1-2019/
The $1 Trillion Wallet: BitGo's Big Plan to Secure the Biggest Bitcoin Fortunes
https://www.coindesk.com/the-1-trillion-wallet-bitgos-bid-to-bring-bitcoin-to-wall-street-and-beyond/
Technical analysis
Daily time frame : https://www.tradingview.com/x/jNip2ll2/
Daily closed above our green area and it is very good sign for potential long orders but do not rush jumping into long position! After we got potentially bullish candle, today's candle has to confirm it! We can easily see formation that happened from Aug 27 to Sep 1 (marked on the chart).
H4 time frame : https://www.tradingview.com/x/5swalFWq/
This time frame is not so bullish that's why we are thinking we will see test of this blue area where if we see just a shadow but not close below, we may have perfect long entry! It is also on support of the uptrend trend line so it is very strong area! If that area gets broken, everything will turn bearish and then we are look only for short triggers!
So, blue area is the area to look for long entries! Long triggers may happen around 6520 area but depends up on price action!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
Ripple Leads Crypto Coalition Seeking Gov’t Oversight Encouraging Crypto, Blockchain
A crypto coalition led by Ripple plans to pay D.C. lobbyists to impact the government’s stance on cryptocurrencies.
It is October 1st, 2018
BTC dominance is currently at 51.2% (-0.2%). The total market cap is currently at $223.5 billion (+ $2 billion). The market volume of the last 24h was $14.7 billion (- $0.4 billion).
Fundamental analysis
Crypto Markets See Mix of Red and Green, With Half of Top 100 Coins Slightly Up
https://cointelegraph.com/news/crypto-markets-see-mix-of-red-and-green-with-half-of-top-100-coins-slightly-up
How Binance Decentralized Crypto Exchange Beta Launch in 2019 Will Impact the Market
https://www.ccn.com/how-binance-decentralized-crypto-exchange-beta-launch-in-2019-will-impact-the-market/
Too Late: India’s Lack of Regulation is Hurting Cryptocurrency Exchanges
https://www.ccn.com/too-late-indias-lack-of-regulation-is-hurting-cryptocurrency-exchanges/
Technical analysis
Daily time frame : https://www.tradingview.com/x/yzJaGIUb/
Yesterday's close was exactly what we wanted to see in order to become more bullish then bearish and focus on long scalps! Why scalps and not swings? Because the target is just $100-150 above and then we are going to face strong resistance again!
The overall situation looks 50/50. Both scenarios are possible and that's why we are onyl scalping the market and waiting for trend to starts and jump in! Our team tried before to predict the initial moves and most times we were right but the manipulation caused filling both long and short stop losses and if you have limit stop loss, you could get easily liquidated! If you have market stop losses, your stop loss will be filled way higher/lower than your initial stop loss!
That's the reason we are only scalping in no trade zone and waiting for initial move to happen and then on retest jumping in. So, just keep following the price action and wait for clear sign!
Weekly time frame: https://www.tradingview.com/x/vc25922Y/
Maybe you do not see the power of 6700-6800 resistance on daily but on weekly it is very visible that's why this daily "bullishness" is not enough to become extra bullish on BTC. Weekly time frame has chance of reaching 6k again this week!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 51.2% (-0.2%). The total market cap is currently at $223.5 billion (+ $2 billion). The market volume of the last 24h was $14.7 billion (- $0.4 billion).
Fundamental analysis
Crypto Markets See Mix of Red and Green, With Half of Top 100 Coins Slightly Up
https://cointelegraph.com/news/crypto-markets-see-mix-of-red-and-green-with-half-of-top-100-coins-slightly-up
How Binance Decentralized Crypto Exchange Beta Launch in 2019 Will Impact the Market
https://www.ccn.com/how-binance-decentralized-crypto-exchange-beta-launch-in-2019-will-impact-the-market/
Too Late: India’s Lack of Regulation is Hurting Cryptocurrency Exchanges
https://www.ccn.com/too-late-indias-lack-of-regulation-is-hurting-cryptocurrency-exchanges/
Technical analysis
Daily time frame : https://www.tradingview.com/x/yzJaGIUb/
Yesterday's close was exactly what we wanted to see in order to become more bullish then bearish and focus on long scalps! Why scalps and not swings? Because the target is just $100-150 above and then we are going to face strong resistance again!
The overall situation looks 50/50. Both scenarios are possible and that's why we are onyl scalping the market and waiting for trend to starts and jump in! Our team tried before to predict the initial moves and most times we were right but the manipulation caused filling both long and short stop losses and if you have limit stop loss, you could get easily liquidated! If you have market stop losses, your stop loss will be filled way higher/lower than your initial stop loss!
That's the reason we are only scalping in no trade zone and waiting for initial move to happen and then on retest jumping in. So, just keep following the price action and wait for clear sign!
Weekly time frame: https://www.tradingview.com/x/vc25922Y/
Maybe you do not see the power of 6700-6800 resistance on daily but on weekly it is very visible that's why this daily "bullishness" is not enough to become extra bullish on BTC. Weekly time frame has chance of reaching 6k again this week!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
Crypto Markets See Mix of Red and Green, With Half of Top 100 Coins Slightly Up
Around 50 of the top 100 coins by market cap see slight growth; Bitcoin has climbed above $6,600 again.
Update: https://www.tradingview.com/x/zaiXzc6K/
It feels great to be right in this extremely indecisive market! It is still ranging, the power of this move will be shown soon on this resistance!
If this area get's broken it is coming back in ranging area! If it holds out, maybe we are at the beginning of bigger move! Looking to see what will happen!
To your success, CS Team!
It feels great to be right in this extremely indecisive market! It is still ranging, the power of this move will be shown soon on this resistance!
If this area get's broken it is coming back in ranging area! If it holds out, maybe we are at the beginning of bigger move! Looking to see what will happen!
To your success, CS Team!
Forwarded from Future Crypto Experts - Paid Channel
This is just an idea for trade : https://www.tradingview.com/x/ITDR6M5I/
Trying to find realistic target to fit our risk to reward limit! Currently looking for targets at low bb h1 (6570) and h4 (6480).
Because this is against the daily trend, we will double check this idea for an entry! Just shared with you to see what we are looking at currently!
Trying to find realistic target to fit our risk to reward limit! Currently looking for targets at low bb h1 (6570) and h4 (6480).
Because this is against the daily trend, we will double check this idea for an entry! Just shared with you to see what we are looking at currently!
The daily close was bullish, then we checked the weekly that was extra bearish! The power of higher time frame and being patient! We were waiting for long confirmation after initital pump on opening this daily candle but once we didnt get any long trigger, we decided to try with short scalp after we got short trigger! Scalp turned into mid swing and now paid members that were following our idea for trade entry and enjoying nice profit of this $100-150 move!
This day was great lesson for those that are trying to predict something! The trading is not about predicting future price movement but being ablt to establish statistical edge over the market! Find trading setup, wait for confirmation and enter only if you get it! Without confirmation trading is nothing but gambling!
Let's wait for new trading setup!
To your success, CS Team!
This day was great lesson for those that are trying to predict something! The trading is not about predicting future price movement but being ablt to establish statistical edge over the market! Find trading setup, wait for confirmation and enter only if you get it! Without confirmation trading is nothing but gambling!
Let's wait for new trading setup!
To your success, CS Team!
It is October 2nd, 2018
BTC dominance is currently at 51.3% (+0.1%). The total market cap is currently at $222.4 billion (- $1.1 billion). The market volume of the last 24h was $14.5 billion (- $0.2 billion).
Fundamental analysis
FT Highlights Crypto as One of Last 10 Years’ ‘Biggest Changes’ in Financial Markets
https://cointelegraph.com/news/ft-highlights-crypto-as-one-of-last-10-years-biggest-changes-in-financial-markets
Ripple’s xRapid Payments Solution is Now Commercially Available
https://cointelegraph.com/news/ripples-xrapid-payments-solution-is-now-commercially-available
Report: Institutional Investors the Largest Buyers of Crypto Transactions Over $100K
https://cointelegraph.com/news/report-institutional-investors-the-largest-buyers-of-crypto-transactions-over-100k
Technical analysis
Daily time frame : https://www.tradingview.com/x/qIRHCppi/
Bitcoin is still in the range between EMA 50 and mid bollinger band. We managed to catch almost whole move yesterday! Today is new day and we hope it will give us some triggers to enter the trade!
H4 time frame : https://www.tradingview.com/x/5xN1eRq0/
The fact that is struggling to close above mid bollinger band says us to look more for short triggers but if price goes $30 up and close above midbb, the situation will be totally different that's why we are opened for both types of triggers!
Looking for an entry, once we find profitable trade setup, we are going to share with you! Stay tuned!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 51.3% (+0.1%). The total market cap is currently at $222.4 billion (- $1.1 billion). The market volume of the last 24h was $14.5 billion (- $0.2 billion).
Fundamental analysis
FT Highlights Crypto as One of Last 10 Years’ ‘Biggest Changes’ in Financial Markets
https://cointelegraph.com/news/ft-highlights-crypto-as-one-of-last-10-years-biggest-changes-in-financial-markets
Ripple’s xRapid Payments Solution is Now Commercially Available
https://cointelegraph.com/news/ripples-xrapid-payments-solution-is-now-commercially-available
Report: Institutional Investors the Largest Buyers of Crypto Transactions Over $100K
https://cointelegraph.com/news/report-institutional-investors-the-largest-buyers-of-crypto-transactions-over-100k
Technical analysis
Daily time frame : https://www.tradingview.com/x/qIRHCppi/
Bitcoin is still in the range between EMA 50 and mid bollinger band. We managed to catch almost whole move yesterday! Today is new day and we hope it will give us some triggers to enter the trade!
H4 time frame : https://www.tradingview.com/x/5xN1eRq0/
The fact that is struggling to close above mid bollinger band says us to look more for short triggers but if price goes $30 up and close above midbb, the situation will be totally different that's why we are opened for both types of triggers!
Looking for an entry, once we find profitable trade setup, we are going to share with you! Stay tuned!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
FT Highlights Crypto as One of Last 10 Years’ ‘Biggest Changes’ in Financial Markets
The Financial Times has released a special report on financial markets over the past 10 years, outlining crypto as one of the “biggest changes” globally.
Did Ethereum Bottom Out at $170? Worst Part of ETH Drop May be Over
New drop may happen and will happen if BTC drops to famous 5k area but the worst part is over and ETH is close to its bottom! Not only ETH but the majority of the market but looks like everything is waiting for something to push whole market up! We are talking this time from investmnet point of view! In short-term point of view, correction is possible but in general, Ethereum is close to its bottom!
https://www.ccn.com/did-ethereum-bottom-out-at-170-worst-part-of-eth-drop-may-be-over/
New drop may happen and will happen if BTC drops to famous 5k area but the worst part is over and ETH is close to its bottom! Not only ETH but the majority of the market but looks like everything is waiting for something to push whole market up! We are talking this time from investmnet point of view! In short-term point of view, correction is possible but in general, Ethereum is close to its bottom!
https://www.ccn.com/did-ethereum-bottom-out-at-170-worst-part-of-eth-drop-may-be-over/
CCN
Did Ethereum Bottom Out at $170? Worst Part of ETH Drop May be Over
On September 12, Ethereum (ETH) dipped below the $170 mark, dropping to $166 at the lowest of the year. Since then, within a 30-day period, ETH recovered.
When we are in ranging market, catching swing entries is not possible because market is not offering us enough volatility but scalping chances are everywhere!
BTC chart update: https://www.tradingview.com/x/ObAsrDhC/
This scalp made nice move of $50. As the suggested stop loss should be above recent high that was around 6585, the target for this move was $30 in order to fit our risk to reward ratio of 1:2 so it was successful scalp!
Looking for next entry, market is not offering us too much but we are trying to catch as much as we can!
To your success, CS Team!
BTC chart update: https://www.tradingview.com/x/ObAsrDhC/
This scalp made nice move of $50. As the suggested stop loss should be above recent high that was around 6585, the target for this move was $30 in order to fit our risk to reward ratio of 1:2 so it was successful scalp!
Looking for next entry, market is not offering us too much but we are trying to catch as much as we can!
To your success, CS Team!
Forwarded from Future Crypto Experts - Paid Channel
We are going to look for potential short triggers in blue area. Hourly is closing below midbb h1, m15 close below lowbb so if midbb m15 holds out, it could be time for entry but we need first to find reasonable targets to see if this entry is going to fit our risk to reward ratio!
https://www.tradingview.com/x/MsjJNstD/
https://www.tradingview.com/x/MsjJNstD/
It is October 3rd, 2018
BTC dominance is currently at 51.9% (+0.6%). The total market cap is currently at $218.2 billion (- $4.2 billion). The market volume of the last 24h was $13.2 billion (- $1.3 billion).
Fundamental analysis
Bank of America: Blockchain Market Could Hit $7 Bln, Will Give Boost to Amazon, Microsoft
https://cointelegraph.com/news/bank-of-america-blockchain-market-could-hit-7-bln-will-give-boost-to-amazon-microsoft
1Broker Shut Down, Will More Bitcoin Exchanges be Targeted by US Gov’t?
https://www.ccn.com/1broker-shut-down-will-more-bitcoin-exchanges-be-targeted-by-us-govt/
Cryptocurrency is ‘Here to Stay’: CFTC Chairman Giancarlo
https://www.ccn.com/cryptocurrency-is-here-to-stay-cftc-chairman-giancarlo/
Technical analysis
Daily time frame : https://www.tradingview.com/x/9I4cx1ca/
Bitcoin is still in the range but it's showing some signs! We have close below mid bollinger band and because of that, we will be more focused on finding short entries but we are not going to ignore long triggers because we are currently in type of the market where everything is possible and you shouldn't try to guess anything but to follow your trading plan and wait for confirmation!
Daily turned a little bit bearish so we will wait for confirmation on lower time frames ( H4, H1, M15).
H4 time frame : https://www.tradingview.com/x/NQqvrcCe/
If you are following us on a daily basis and reading our posts, you may remember this blue area where we mentioned that longing would be good option! It made nice rejection from that area and it confirm our current trading setup!
Even if we are a little bit more bearish because of daily close, we are not going to jump into short position but we are waiting for triggers in our short areas! First area to look for short is based on daily resistances (6520-6530) and second area to look for short is based on H4 resistance (6535-6555). So we are going to wait for these 2 areas and then look for triggers on H1 and M15.
On the other side, if we see some nice closes above these areas, we will wait for pullback to look for long entries!
So, all in all, everything is possible, our trading set up is ready and we are now waiting for price action to confirm our predictions so we can enter the trade!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 51.9% (+0.6%). The total market cap is currently at $218.2 billion (- $4.2 billion). The market volume of the last 24h was $13.2 billion (- $1.3 billion).
Fundamental analysis
Bank of America: Blockchain Market Could Hit $7 Bln, Will Give Boost to Amazon, Microsoft
https://cointelegraph.com/news/bank-of-america-blockchain-market-could-hit-7-bln-will-give-boost-to-amazon-microsoft
1Broker Shut Down, Will More Bitcoin Exchanges be Targeted by US Gov’t?
https://www.ccn.com/1broker-shut-down-will-more-bitcoin-exchanges-be-targeted-by-us-govt/
Cryptocurrency is ‘Here to Stay’: CFTC Chairman Giancarlo
https://www.ccn.com/cryptocurrency-is-here-to-stay-cftc-chairman-giancarlo/
Technical analysis
Daily time frame : https://www.tradingview.com/x/9I4cx1ca/
Bitcoin is still in the range but it's showing some signs! We have close below mid bollinger band and because of that, we will be more focused on finding short entries but we are not going to ignore long triggers because we are currently in type of the market where everything is possible and you shouldn't try to guess anything but to follow your trading plan and wait for confirmation!
Daily turned a little bit bearish so we will wait for confirmation on lower time frames ( H4, H1, M15).
H4 time frame : https://www.tradingview.com/x/NQqvrcCe/
If you are following us on a daily basis and reading our posts, you may remember this blue area where we mentioned that longing would be good option! It made nice rejection from that area and it confirm our current trading setup!
Even if we are a little bit more bearish because of daily close, we are not going to jump into short position but we are waiting for triggers in our short areas! First area to look for short is based on daily resistances (6520-6530) and second area to look for short is based on H4 resistance (6535-6555). So we are going to wait for these 2 areas and then look for triggers on H1 and M15.
On the other side, if we see some nice closes above these areas, we will wait for pullback to look for long entries!
So, all in all, everything is possible, our trading set up is ready and we are now waiting for price action to confirm our predictions so we can enter the trade!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
Bank of America: Blockchain Market Could Hit $7 Bln, Will Give Boost to Amazon, Microsoft
The Bank of America has estimated that blockchain could be a $7 billion market and provide a major boost to corporate giants such as Microsoft and Amazon.
Bitcoin is turning bearish?
Our short areas were missed for less than $10. After bearish daily close, Bitcoin managed to reach 6510 that was just $10 from our 6520-6530 short area!
BTC chart : https://www.tradingview.com/x/IrL5mvXn/
After it reached 6510, it dropped to 6394. On lower time frames, such as H1 and H4 it is closing below major support lines and if we do not see bounce off in upcoming hours, today's daily candle could confirm bearishness.
We are not going to catch knife! Even if it is bearish, we are not going to jump in short positions randomly! We established new trading setups and we are waiting for them to be reached and if price action confirm, we are going to enter the short trades!
These 2 red areas are our new areas where we are going to look for short triggers!
At the moment, Bitcoin is targeting low bollinger band on daily time frame that is currently at 6270. In case we see close above our both 2 areas, we are going to establish new areas for trigger but in that situation we will also look for long triggers as well!
So, it is becoming bearish and we are looking for short entries at the moment! First swing target is at low bb (6270). In case of reaching that target, we are going to search for continuatioal signs and new target! From this point, second target is at 6100.
To your success, CS Team!
Our short areas were missed for less than $10. After bearish daily close, Bitcoin managed to reach 6510 that was just $10 from our 6520-6530 short area!
BTC chart : https://www.tradingview.com/x/IrL5mvXn/
After it reached 6510, it dropped to 6394. On lower time frames, such as H1 and H4 it is closing below major support lines and if we do not see bounce off in upcoming hours, today's daily candle could confirm bearishness.
We are not going to catch knife! Even if it is bearish, we are not going to jump in short positions randomly! We established new trading setups and we are waiting for them to be reached and if price action confirm, we are going to enter the short trades!
These 2 red areas are our new areas where we are going to look for short triggers!
At the moment, Bitcoin is targeting low bollinger band on daily time frame that is currently at 6270. In case we see close above our both 2 areas, we are going to establish new areas for trigger but in that situation we will also look for long triggers as well!
So, it is becoming bearish and we are looking for short entries at the moment! First swing target is at low bb (6270). In case of reaching that target, we are going to search for continuatioal signs and new target! From this point, second target is at 6100.
To your success, CS Team!
It is October 4th, 2018
BTC dominance is currently at 52.0% (+0.1%). The total market cap is currently at $216.4 billion (- $1.8 billion). The market volume of the last 24h was $13.2 billion (+ $0.0 billion).
Fundamental analysis
Crypto Exchange Poloniex Removes Margin and Lending Products for US Users
https://cointelegraph.com/news/crypto-exchange-poloniex-removes-margin-and-lending-products-for-us-users
Tether Price Falls on Crypto Exchanges: How Will it Affect Bitcoin?
https://www.ccn.com/tether-price-falls-on-crypto-exchanges-how-will-it-affect-bitcoin/
Bitcoin's Proof-of-Work Can Be Made More Efficient, IBM Research Claims
https://www.coindesk.com/bitcoins-proof-of-work-can-be-made-more-efficient-ibm-research-claims/
Bank of America Thinks Blockchain Could be a $7 Billion Market
https://www.ccn.com/bank-of-america-thinks-blockchain-could-be-a-7-billion-market/
Technical analysis
Daily time frame : https://www.tradingview.com/x/8QVpFoNi/
The current situation is more bearish than bullish because Bitcoin is closing below last day close and below mid bollinger band but it doesnt mean that it can't go up! It close above bluw area that is very important horizontal area. The daily candle by default is more bearish than bullish but let's check out lower time frames before sharing our prediction for Bitcoin!
H4 time frame : https://www.tradingview.com/x/MJREpINa/
The red area is crutial for Bitcoin at the moment! If we see strugle to close above this area, it will trigger resistance and we may see dump to 6300 easily!
On the other side, close above this area could lead us step by stop to 6600-6700 area!
H1 time frame : https://www.tradingview.com/x/tvH6GNOZ/
The green area at the top of blue area is the main area for us! If the price is above that area, we are looking for long triggers! If the price drops and closes below that area we are looking for sort triggers!
One more thing! The volume is decreasing and that's why we are not so bearish on Bitcoin and why we are opened for potential long triggers! Our personal account is long from 6413 ( http://prntscr.com/l1wyll ) and we are going to hold this long until we get short trigger! If we get long trigger on some drop, we are probably going to add more into this position!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 52.0% (+0.1%). The total market cap is currently at $216.4 billion (- $1.8 billion). The market volume of the last 24h was $13.2 billion (+ $0.0 billion).
Fundamental analysis
Crypto Exchange Poloniex Removes Margin and Lending Products for US Users
https://cointelegraph.com/news/crypto-exchange-poloniex-removes-margin-and-lending-products-for-us-users
Tether Price Falls on Crypto Exchanges: How Will it Affect Bitcoin?
https://www.ccn.com/tether-price-falls-on-crypto-exchanges-how-will-it-affect-bitcoin/
Bitcoin's Proof-of-Work Can Be Made More Efficient, IBM Research Claims
https://www.coindesk.com/bitcoins-proof-of-work-can-be-made-more-efficient-ibm-research-claims/
Bank of America Thinks Blockchain Could be a $7 Billion Market
https://www.ccn.com/bank-of-america-thinks-blockchain-could-be-a-7-billion-market/
Technical analysis
Daily time frame : https://www.tradingview.com/x/8QVpFoNi/
The current situation is more bearish than bullish because Bitcoin is closing below last day close and below mid bollinger band but it doesnt mean that it can't go up! It close above bluw area that is very important horizontal area. The daily candle by default is more bearish than bullish but let's check out lower time frames before sharing our prediction for Bitcoin!
H4 time frame : https://www.tradingview.com/x/MJREpINa/
The red area is crutial for Bitcoin at the moment! If we see strugle to close above this area, it will trigger resistance and we may see dump to 6300 easily!
On the other side, close above this area could lead us step by stop to 6600-6700 area!
H1 time frame : https://www.tradingview.com/x/tvH6GNOZ/
The green area at the top of blue area is the main area for us! If the price is above that area, we are looking for long triggers! If the price drops and closes below that area we are looking for sort triggers!
One more thing! The volume is decreasing and that's why we are not so bearish on Bitcoin and why we are opened for potential long triggers! Our personal account is long from 6413 ( http://prntscr.com/l1wyll ) and we are going to hold this long until we get short trigger! If we get long trigger on some drop, we are probably going to add more into this position!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
Crypto Exchange Poloniex Removes Margin and Lending Products for US Users
Crypto exchange Poloniex will remove margin and lending products for its U.S.-based customers in order to comply with regulatory requirements.
🐃Bulls are back🐃
After deeper analysis, we opened long on 6413! Why did we opened long?
First, here you are the screenshot of our long: http://prntscr.com/l1wyll
So, the volume was very low on the drop! That was first weird sign! Then, when we checked the orders we saw huge buy walls (proof: http://prntscr.com/l1xcuy)
If you read our yesterday's post, we mentioned 2 short areas and both areas stopped BTC and price dropped ( from 6460 to 6430 and from 6495 to 6143). We warned our paid members that this can't be swing because the market sentiment wont let price to drop deeper!
And that is what exactly happened! Then we saw daily bearish but H1 and H4 were bullish and that was the reason we went long!
Now, it depends where the price will find support!
https://www.tradingview.com/x/Q0i6PdEX/
If it holds out above 6500 and closes daily above 6530, we may see test of 6600-6700 area! But, it is still in triangle and no trade zone and that's the reason why we are looking for scalps! But we are very happy that even in no trade zone we managed to catch 2 drops 3 days ago and the uptrend this morning!
Waiting for more volatility to prove who is the best! Looking for 6540 area to see if it offers us some triggers for new long entry!
To your success, CS Team!
After deeper analysis, we opened long on 6413! Why did we opened long?
First, here you are the screenshot of our long: http://prntscr.com/l1wyll
So, the volume was very low on the drop! That was first weird sign! Then, when we checked the orders we saw huge buy walls (proof: http://prntscr.com/l1xcuy)
If you read our yesterday's post, we mentioned 2 short areas and both areas stopped BTC and price dropped ( from 6460 to 6430 and from 6495 to 6143). We warned our paid members that this can't be swing because the market sentiment wont let price to drop deeper!
And that is what exactly happened! Then we saw daily bearish but H1 and H4 were bullish and that was the reason we went long!
Now, it depends where the price will find support!
https://www.tradingview.com/x/Q0i6PdEX/
If it holds out above 6500 and closes daily above 6530, we may see test of 6600-6700 area! But, it is still in triangle and no trade zone and that's the reason why we are looking for scalps! But we are very happy that even in no trade zone we managed to catch 2 drops 3 days ago and the uptrend this morning!
Waiting for more volatility to prove who is the best! Looking for 6540 area to see if it offers us some triggers for new long entry!
To your success, CS Team!
Lightshot
Screenshot
Captured with Lightshot
Bitcoin Won't Break $9,000 This Year, Galaxy Digital’s Novogratz Says
Looks like Mike Novogratz has new hobby! Every week he is predicting something else! Posts like this are here just to distract you from the reality!
2018 will be over in less than 3 months so why would this be negative? Just wait for 2019 and the moon mission 🚀🌑!
https://cointelegraph.com/news/bitcoin-wont-break-9-000-this-year-galaxy-digitals-novogratz-says
Looks like Mike Novogratz has new hobby! Every week he is predicting something else! Posts like this are here just to distract you from the reality!
2018 will be over in less than 3 months so why would this be negative? Just wait for 2019 and the moon mission 🚀🌑!
https://cointelegraph.com/news/bitcoin-wont-break-9-000-this-year-galaxy-digitals-novogratz-says
Cointelegraph
Bitcoin Won't Break $9,000 This Year, Galaxy Digital’s Novogratz Says
Galaxy Digital CEO Mike Novogratz says Bitcoin is not likely to reach $9,000 in 2018, stressing the industry is selling crypto 'just to fund the burn rate.”
It is October 5th, 2017
BTC dominance is currently at 52.0% (+0.0%). The total market cap is currently at $218.8 billion (+ $2.4 billion). The market volume of the last 24h was $12.4 billion (- $0.8 billion).
Fundamental analysis
Major Korean Crypto Exchange Bithumb to Launch Global Decentralized Platform
https://cointelegraph.com/news/major-korean-crypto-exchange-bithumb-to-launch-global-decentralized-platform
Institutions More Bullish on Bitcoin than Retail Investors: Fundstrat
https://www.ccn.com/institutions-more-bullish-on-bitcoin-than-retail-investors-fundstrat/
Expert: Banks are Enthusiastic Towards Crypto, Waiting for Regulators to Invest
https://www.ccn.com/expert-banks-are-enthusiastic-towards-crypto-waiting-for-regulators-to-invest/
Technical analysis
Daily time frame : https://www.tradingview.com/x/RXg4M68z/
It closed above mid bollinger band that can be considered bullish especially because it engulfed previous candle! Bullish engulfing happened on support so it is one of the most bullish candle formation!
If lower time frames confirm these signs, targets are EMA 50 (6630) and top bollinger band (6760).
Let's check lower time frames for confirmation!
H4 time frame : https://www.tradingview.com/x/KD5xCDT4/
On H4 we resisted above mib bollinger band and now it is targeting top bollinger band (6620). In case it closes above, it will trigger next target on daily time frame (6760). In case of shadow, it will confirm resistance (green area)!
H1 time frame : https://www.tradingview.com/x/tYiPyx58/
This is the tf where we are going to look for entries with confirmation on m15. Currently we are opened for both long and short positions but because of a little bit more bullish daily, we will focus more on long entries! Main factor will be H4 time frame! Close above top bollinger band will create bullish momentum and then we will wait for consolidation and long entry! In case of shadow but not the close above top bb, we will wait for 2nd test and if m15 confirm we will go short!
All in all, the overall situation is still very uncertain! As you may see in our last 7-10 posts, the price is always between 6400 and 6700 area , mostly between 6500 and 6600. For scalping there will be always some opprotunities but for swings it is not the best time! We managed to catch all 3 major moves in last 5 days (2 drops and 1 pump) but real swings will be followed by at least one move in the same direction as the first one! At the moment, it is ranging in channel and every swing might be followed by one small scalp and that's it!
Until we get some major news that will create new trend in the market, we have to get used to the current market situation and try to use what market offer us!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 52.0% (+0.0%). The total market cap is currently at $218.8 billion (+ $2.4 billion). The market volume of the last 24h was $12.4 billion (- $0.8 billion).
Fundamental analysis
Major Korean Crypto Exchange Bithumb to Launch Global Decentralized Platform
https://cointelegraph.com/news/major-korean-crypto-exchange-bithumb-to-launch-global-decentralized-platform
Institutions More Bullish on Bitcoin than Retail Investors: Fundstrat
https://www.ccn.com/institutions-more-bullish-on-bitcoin-than-retail-investors-fundstrat/
Expert: Banks are Enthusiastic Towards Crypto, Waiting for Regulators to Invest
https://www.ccn.com/expert-banks-are-enthusiastic-towards-crypto-waiting-for-regulators-to-invest/
Technical analysis
Daily time frame : https://www.tradingview.com/x/RXg4M68z/
It closed above mid bollinger band that can be considered bullish especially because it engulfed previous candle! Bullish engulfing happened on support so it is one of the most bullish candle formation!
If lower time frames confirm these signs, targets are EMA 50 (6630) and top bollinger band (6760).
Let's check lower time frames for confirmation!
H4 time frame : https://www.tradingview.com/x/KD5xCDT4/
On H4 we resisted above mib bollinger band and now it is targeting top bollinger band (6620). In case it closes above, it will trigger next target on daily time frame (6760). In case of shadow, it will confirm resistance (green area)!
H1 time frame : https://www.tradingview.com/x/tYiPyx58/
This is the tf where we are going to look for entries with confirmation on m15. Currently we are opened for both long and short positions but because of a little bit more bullish daily, we will focus more on long entries! Main factor will be H4 time frame! Close above top bollinger band will create bullish momentum and then we will wait for consolidation and long entry! In case of shadow but not the close above top bb, we will wait for 2nd test and if m15 confirm we will go short!
All in all, the overall situation is still very uncertain! As you may see in our last 7-10 posts, the price is always between 6400 and 6700 area , mostly between 6500 and 6600. For scalping there will be always some opprotunities but for swings it is not the best time! We managed to catch all 3 major moves in last 5 days (2 drops and 1 pump) but real swings will be followed by at least one move in the same direction as the first one! At the moment, it is ranging in channel and every swing might be followed by one small scalp and that's it!
Until we get some major news that will create new trend in the market, we have to get used to the current market situation and try to use what market offer us!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
Major Korean Crypto Exchange Bithumb to Launch Global Decentralized Platform
World’s sixth largest crypto exchange Bithumb is launching a global decentralized trading platform in partnership with blockchain firm One Root Network.
Forget Buterin’s 500 TX/S, Researchers Explore 17,000 TX/S on Ethereum
In September, Vitalik Buterin, the co-creator of Ethereum (ETH), stated that the Ethereum blockchain network could scale to 500 transactions per second using ZK-SNARKS, the base technology of privacy-focused cryptocurrency Zcash.
This week, Ethereum researchers Barry Whitehat, Alex Gluchowski, Harry R, Yondon Fu and Philippe Castonguay introduced a solution called snark-based side chain, which could scale the network to 17,000 transactions per second, nearing the transaction capacity of Visa.
https://www.ccn.com/forget-buterins-500-tx-s-researchers-explore-17000-tx-s-on-ethereum/
In September, Vitalik Buterin, the co-creator of Ethereum (ETH), stated that the Ethereum blockchain network could scale to 500 transactions per second using ZK-SNARKS, the base technology of privacy-focused cryptocurrency Zcash.
This week, Ethereum researchers Barry Whitehat, Alex Gluchowski, Harry R, Yondon Fu and Philippe Castonguay introduced a solution called snark-based side chain, which could scale the network to 17,000 transactions per second, nearing the transaction capacity of Visa.
https://www.ccn.com/forget-buterins-500-tx-s-researchers-explore-17000-tx-s-on-ethereum/
CCN
Forget Buterin’s 500 TX/S, Researchers Explore 17,000 TX/S on Ethereum
In September, Vitalik Buterin, the co-creator of Ethereum (ETH), stated that the Ethereum blockchain network could scale to 500 transactions per second using ZK-SNARKS, the base technology of privacy-focused cryptocurrency Zcash. This week, Ethereum researchers…
It is October 6th, 2018
BTC dominance is currently at 52.0% (+0.0%). The total market cap is currently at $220.5 billion (+ $1.7 billion). The market volume of the last 24h was $12 billion (- $0.4 billion).
Fundamental analysis
US: CFTC Chair Notes Crypto Cases in Record Year of Enforcement Actions
https://cointelegraph.com/news/us-cftc-chair-notes-crypto-cases-in-record-year-of-enforcement-actions
Crypto Mining Giant Bitmain Acquires Bitcoin Cash Wallet
https://www.ccn.com/crypto-mining-giant-bitmain-acquires-bitcoin-cash-wallet/
SEC Asks for Additional Comment on Rejected Bitcoin ETFs
https://www.coindesk.com/sec-asks-for-more-comments-on-rejected-bitcoin-etfs/
Technical analysis
Daily time frame : https://www.tradingview.com/x/EXlnSCY5/
Higher lows and lower highs, best example of triangle formation currently on Bitcoin daily chart! If you read our yesterdays post, we told that there is big possibility to see test of 6630 and that happend with the move that reached 6658. In that area we expected some short stop losses so breaking 6650 should creat chain reaction but looks like stop losses are higher so it was rejected and we are back again in 6500-6600 area! Daily closed neutral but as it was rejected by EMA 50 and our green horizontal level, it may be considered a little bit more bearish but in general it is neutral and both outcomes are possible!
H4 time frame : https://www.tradingview.com/x/Tl2opWW0/
Third time rejected by top bollinger band! It is bearish sign but as long as it is above mid bollinger band, big shorts are not suggested!
H1 time frame : https://www.tradingview.com/x/kbrJh9Mz/
As always, H1 is tf for entries with confirmation on m15. D1 and H4 are just to identify trend (there is no trend right now) but for entries main time frames are H1 and m15. So, H1 created bullis momentum because of close above top bb so we are waiting for correction around mid bollinger band to check out the price action!
But because current moves are pretty low volatile, it should be perfect set up in order to find profitable risk to reward trade! Stop loss $20-30 and target $40-60. If the stop loss is $50, target should be at least $100 and currently these moves are rear so we are loking for tight stop loss entry and targets between $40 and $60.
We will let you know if we find something profitable! Probably there will be opportunity but if we had day like yesterday where BTC looked like shitcoin without any movement, we will have to wait for next day for some action so we would be able to take action!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 52.0% (+0.0%). The total market cap is currently at $220.5 billion (+ $1.7 billion). The market volume of the last 24h was $12 billion (- $0.4 billion).
Fundamental analysis
US: CFTC Chair Notes Crypto Cases in Record Year of Enforcement Actions
https://cointelegraph.com/news/us-cftc-chair-notes-crypto-cases-in-record-year-of-enforcement-actions
Crypto Mining Giant Bitmain Acquires Bitcoin Cash Wallet
https://www.ccn.com/crypto-mining-giant-bitmain-acquires-bitcoin-cash-wallet/
SEC Asks for Additional Comment on Rejected Bitcoin ETFs
https://www.coindesk.com/sec-asks-for-more-comments-on-rejected-bitcoin-etfs/
Technical analysis
Daily time frame : https://www.tradingview.com/x/EXlnSCY5/
Higher lows and lower highs, best example of triangle formation currently on Bitcoin daily chart! If you read our yesterdays post, we told that there is big possibility to see test of 6630 and that happend with the move that reached 6658. In that area we expected some short stop losses so breaking 6650 should creat chain reaction but looks like stop losses are higher so it was rejected and we are back again in 6500-6600 area! Daily closed neutral but as it was rejected by EMA 50 and our green horizontal level, it may be considered a little bit more bearish but in general it is neutral and both outcomes are possible!
H4 time frame : https://www.tradingview.com/x/Tl2opWW0/
Third time rejected by top bollinger band! It is bearish sign but as long as it is above mid bollinger band, big shorts are not suggested!
H1 time frame : https://www.tradingview.com/x/kbrJh9Mz/
As always, H1 is tf for entries with confirmation on m15. D1 and H4 are just to identify trend (there is no trend right now) but for entries main time frames are H1 and m15. So, H1 created bullis momentum because of close above top bb so we are waiting for correction around mid bollinger band to check out the price action!
But because current moves are pretty low volatile, it should be perfect set up in order to find profitable risk to reward trade! Stop loss $20-30 and target $40-60. If the stop loss is $50, target should be at least $100 and currently these moves are rear so we are loking for tight stop loss entry and targets between $40 and $60.
We will let you know if we find something profitable! Probably there will be opportunity but if we had day like yesterday where BTC looked like shitcoin without any movement, we will have to wait for next day for some action so we would be able to take action!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
US: CFTC Chair Notes Crypto Cases in Record Year of Enforcement Actions
At a recent event in Minneapolis, CFTC chairman Christopher Giancarlo noted increased enforcement actions last year, partly due to fraudulent crypto cases
Blockchain Capital Expert: ‘Bitcoin Is Close to Bottoming’
“Towards the end of last year, when we were in the peak of this bull market, bad news seemed to have no effect on the markets [...] Now we are seeing the other side of that, when we have a week of news with TD [Ameritrade], Ric Edelman and Yale, and it has almost no effect on price.”
https://cointelegraph.com/news/blockchain-capital-expert-bitcoin-is-close-to-bottoming
“Towards the end of last year, when we were in the peak of this bull market, bad news seemed to have no effect on the markets [...] Now we are seeing the other side of that, when we have a week of news with TD [Ameritrade], Ric Edelman and Yale, and it has almost no effect on price.”
https://cointelegraph.com/news/blockchain-capital-expert-bitcoin-is-close-to-bottoming
Cointelegraph
Blockchain Capital Expert: ‘Bitcoin Is Close to Bottoming’
Expert at Blockchain Capital and former Bitcoin analyst Spencer Bogart has predicted that the Bitcoin price has nearly hit its bottom.
It is October 7th, 2018
BTC dominance is currently at 52.4% (+0.4%). The total market cap is currently at $217.5 billion (- $3 billion). The market volume of the last 24h was $11.3 billion (- $0.7 billion).
Fundamental analysis
Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry
https://cointelegraph.com/news/crypto-markets-stay-mostly-stagnant-despite-this-weeks-major-news-for-industry
Bitcoin Market Has ‘Run Out of Juice’: Cryptocurrency Analyst
https://www.ccn.com/bitcoin-market-has-run-out-of-juice-cryptocurrency-analyst/
Bitcoin 'Breakthrough' Claims Block Size Increase Possible Without Hard Fork
https://www.coindesk.com/bitcoin-breakthrough-tech-forward-blocks/
Technical analysis
Daily time frame : https://www.tradingview.com/x/KMHd7MOv/
Bitcoin is still in the range! Considering that today is Sunday, it is hard to expect some major moves today! Today is the weekly close so that close can determine the next week price movement!
On weekly time frame, bollinger bands are coming closer and closer and that's the confirmation of our assumptions that in the couple of the weeks we will stay in this ranger between 6000 and 7500. This is the best example of consolidation period!
Considering everything, we do not expect to see Bitcoin below $5k! We think that bad days are behind the Bitcoin and that now is the accumulation time before slowly but steady bull run that will come!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
BTC dominance is currently at 52.4% (+0.4%). The total market cap is currently at $217.5 billion (- $3 billion). The market volume of the last 24h was $11.3 billion (- $0.7 billion).
Fundamental analysis
Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry
https://cointelegraph.com/news/crypto-markets-stay-mostly-stagnant-despite-this-weeks-major-news-for-industry
Bitcoin Market Has ‘Run Out of Juice’: Cryptocurrency Analyst
https://www.ccn.com/bitcoin-market-has-run-out-of-juice-cryptocurrency-analyst/
Bitcoin 'Breakthrough' Claims Block Size Increase Possible Without Hard Fork
https://www.coindesk.com/bitcoin-breakthrough-tech-forward-blocks/
Technical analysis
Daily time frame : https://www.tradingview.com/x/KMHd7MOv/
Bitcoin is still in the range! Considering that today is Sunday, it is hard to expect some major moves today! Today is the weekly close so that close can determine the next week price movement!
On weekly time frame, bollinger bands are coming closer and closer and that's the confirmation of our assumptions that in the couple of the weeks we will stay in this ranger between 6000 and 7500. This is the best example of consolidation period!
Considering everything, we do not expect to see Bitcoin below $5k! We think that bad days are behind the Bitcoin and that now is the accumulation time before slowly but steady bull run that will come!
If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://news.1rj.ru/str/CryptoExpertSignals
To your success, CS Team!
Cointelegraph
Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry
Crypto markets keep being stuck despite big news, including institutional investments in crypto, and the SEC’s establishment of a Bitcoin ETF review deadline.