BTC 6400 on Bitmex and 6900 on Binance?
How is that possilbe?
On Bitmex, we have trading based on USD valued and on Binance we have trading based on USDT value that is currently on $0.96 so price on Binance is higher because of difference between USDT and USD.
There is rumor that major exchanges will delist USDT. There is not confirmation on this rumor so far! Our recommendation is to stay in crypto and avoid being in USDT!
How is that possilbe?
On Bitmex, we have trading based on USD valued and on Binance we have trading based on USDT value that is currently on $0.96 so price on Binance is higher because of difference between USDT and USD.
There is rumor that major exchanges will delist USDT. There is not confirmation on this rumor so far! Our recommendation is to stay in crypto and avoid being in USDT!
It is October 15th, 2018
BTC dominance is currently at 54.1% (-0.5%). The total market cap is currently at $211.1 billion (+ $12.2 billion). The market volume of the last 24h was $22.2 billion (+ $12.6 billion).
Fundamental analysis
Third Top Cryptocurrency Exchange OKEx Lists Four Stablecoins at Once
https://cointelegraph.com/news/third-top-cryptocurrency-exchange-okex-lists-four-stablecoins-at-once
**Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally
**
https://www.ccn.com/bitcoin-may-have-just-experienced-its-final-shakeout-before-a-big-rally/
Bitfinex Says Withdrawals Are Fine, But Crypto Exchange Customers Disagree
https://www.coindesk.com/bitfinex-says-withdrawals-are-fine-but-crypto-exchange-customers-disagree/
Technical analysis
Daily time frame : https://www.tradingview.com/x/DXWYb334/
BTC made huge pump yesterday from $6200 all the way up to $6800. After that it consolidated in $6400 area!
Tether rumors crashed tether one more time! Looks like other stablecoins are taking the place and that USDT is out of game!
Avoid being in USDT because it is currently the riskiest option! For margin trading, we are looking for both possibilities because we are targeting small moves since the market is very uncertain and in case you are opening swing with wider stop loss, that stop loss could be executed too far and loss could be huge!
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 54.1% (-0.5%). The total market cap is currently at $211.1 billion (+ $12.2 billion). The market volume of the last 24h was $22.2 billion (+ $12.6 billion).
Fundamental analysis
Third Top Cryptocurrency Exchange OKEx Lists Four Stablecoins at Once
https://cointelegraph.com/news/third-top-cryptocurrency-exchange-okex-lists-four-stablecoins-at-once
**Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally
**
https://www.ccn.com/bitcoin-may-have-just-experienced-its-final-shakeout-before-a-big-rally/
Bitfinex Says Withdrawals Are Fine, But Crypto Exchange Customers Disagree
https://www.coindesk.com/bitfinex-says-withdrawals-are-fine-but-crypto-exchange-customers-disagree/
Technical analysis
Daily time frame : https://www.tradingview.com/x/DXWYb334/
BTC made huge pump yesterday from $6200 all the way up to $6800. After that it consolidated in $6400 area!
Tether rumors crashed tether one more time! Looks like other stablecoins are taking the place and that USDT is out of game!
Avoid being in USDT because it is currently the riskiest option! For margin trading, we are looking for both possibilities because we are targeting small moves since the market is very uncertain and in case you are opening swing with wider stop loss, that stop loss could be executed too far and loss could be huge!
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
Third Top Cryptocurrency Exchange OKEx Lists Four Stablecoins at Once
OKEx has announced new listings for four stablecoins: TrueUSD, USD Coin, Gemini Dollar, and Paxos Standard Token.
It is October 17th, 2018
BTC dominance is currently at 53.8% (-0.3%). The total market cap is currently at $212.2 billion (+ $1.1 billion). The market volume of the last 24h was $12.1 billion (- $10.1 billion).
Fundamental analysis
Investment Giant Fidelity Launches Digital Assets Services Targeting Institutional Investors
https://cointelegraph.com/news/investment-giant-fidelity-launches-digital-assets-services-targeting-institutional-investors
Report: Bitfinex Shifts Its Banking Business to Hong Kong-Based Bank of Communications
https://cointelegraph.com/news/report-bitfinex-shifts-its-banking-business-to-hong-kong-based-bank-of-communications
Tether Market Cap Sinks to $2.2 Billion as another 250 Million USDT Exits Circulation
Technical analysis
Daily time frame : https://www.tradingview.com/x/wgGkY5lt/
Bitcoin made up move but struggled to close above all major resistances! Currently it is still below mid bb, EMA 50 and this purple area that was support and currently it is resistent for Bitcoin! As long as it is below these resistance lines, it can't be considered as bullish!
Most likely, in upcoming days BTC is stay in this range from 6100 to 6800.
We would like to give some signals but the market conditions is not in our favour. If you look back, 2 or 3 weeks before, after big dump of $1000+ we expected continuation! Once it didnt happen, we saw that consolidation is coming and 3 weeks later, we are still in the range! From this point, we may easily stay in the same range for upcoming few weeks! Yeah, not days but weeks! More we stay in the range, it will be more bullish than bearish.
So, when market is offering you trading opportunity, trade it! When it is no trade zone, take time to learn and grow so you can be ready for more active market!
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 53.8% (-0.3%). The total market cap is currently at $212.2 billion (+ $1.1 billion). The market volume of the last 24h was $12.1 billion (- $10.1 billion).
Fundamental analysis
Investment Giant Fidelity Launches Digital Assets Services Targeting Institutional Investors
https://cointelegraph.com/news/investment-giant-fidelity-launches-digital-assets-services-targeting-institutional-investors
Report: Bitfinex Shifts Its Banking Business to Hong Kong-Based Bank of Communications
https://cointelegraph.com/news/report-bitfinex-shifts-its-banking-business-to-hong-kong-based-bank-of-communications
Tether Market Cap Sinks to $2.2 Billion as another 250 Million USDT Exits Circulation
Technical analysis
Daily time frame : https://www.tradingview.com/x/wgGkY5lt/
Bitcoin made up move but struggled to close above all major resistances! Currently it is still below mid bb, EMA 50 and this purple area that was support and currently it is resistent for Bitcoin! As long as it is below these resistance lines, it can't be considered as bullish!
Most likely, in upcoming days BTC is stay in this range from 6100 to 6800.
We would like to give some signals but the market conditions is not in our favour. If you look back, 2 or 3 weeks before, after big dump of $1000+ we expected continuation! Once it didnt happen, we saw that consolidation is coming and 3 weeks later, we are still in the range! From this point, we may easily stay in the same range for upcoming few weeks! Yeah, not days but weeks! More we stay in the range, it will be more bullish than bearish.
So, when market is offering you trading opportunity, trade it! When it is no trade zone, take time to learn and grow so you can be ready for more active market!
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
Investment Giant Fidelity Launches Digital Assets Services Targeting Institutional Investors
U.S. investment giant Fidelity has announced the launch of a digital assets custody and trade execution company.
It is October 18th, 2018
BTC dominance is currently at 53.7% (-0.1%). The total market cap is currently at $211.2 (- $1.0 billion). The market volume of the last 24h was $12.3 (+ $0.2 billion).
Fundamental analysis
CME Report: BTC Futures Trading Keeps Growing in Q3, Average Daily Volume up 41% Over Q2
https://cointelegraph.com/news/cme-report-btc-futures-trading-keeps-growing-in-q3-average-daily-volume-up-41-over-q2
Untethered: The History of Stablecoin Tether and How It Has Lost Its $1 Peg
https://cointelegraph.com/news/untethered-the-history-of-stablecoin-tether-and-how-it-has-lost-its-1-peg
0x Surges 30% after Coinbase Listing, Which Crypto is Next?
https://www.ccn.com/0x-surges-30-after-coinbase-listing-which-crypto-is-next/
Technical analysis
Daily time frame : https://www.tradingview.com/x/AeWoaSq0/
Bitcoin is struggling to close above EMA 50, midbb and this horizontal green area. Currently, the pump that we saw 3 days ago is nothing but bull trap and if we do not see significant action, we may easily see start of the downtrend again to test magic 6k area one more time!
But considering both, top and bottom bollinger bands, we do not expect some major moves ($1000+). As we mentioned few times, we expect BTC to stay in this range for a while!
H4 time frame : https://www.tradingview.com/x/iZMs6Sr8/
On H4, we do not have downward momentum so shorting now would be more emotional because of fear of mission out that trade! Top bollinger band is not tested yet so that test is possible. Considering that top bollinger band is $100 higher than current price, if you enter now, safe stop loss is too far!
So, trading with confirmation is much better idea here with 2 potential short are! Firstly, if we see close below midb H4, then we need to wait for retest and short there if we get trigger. For trigger you always look on m15.
Secondly, in case on topbb test, if we see close above, it is not suggested to go short but if we see just shadow, again we have short trading set up and it will be time to search for triggers on m15.
For long triggers we will search if we see close above these resistances on daily time frame!
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 53.7% (-0.1%). The total market cap is currently at $211.2 (- $1.0 billion). The market volume of the last 24h was $12.3 (+ $0.2 billion).
Fundamental analysis
CME Report: BTC Futures Trading Keeps Growing in Q3, Average Daily Volume up 41% Over Q2
https://cointelegraph.com/news/cme-report-btc-futures-trading-keeps-growing-in-q3-average-daily-volume-up-41-over-q2
Untethered: The History of Stablecoin Tether and How It Has Lost Its $1 Peg
https://cointelegraph.com/news/untethered-the-history-of-stablecoin-tether-and-how-it-has-lost-its-1-peg
0x Surges 30% after Coinbase Listing, Which Crypto is Next?
https://www.ccn.com/0x-surges-30-after-coinbase-listing-which-crypto-is-next/
Technical analysis
Daily time frame : https://www.tradingview.com/x/AeWoaSq0/
Bitcoin is struggling to close above EMA 50, midbb and this horizontal green area. Currently, the pump that we saw 3 days ago is nothing but bull trap and if we do not see significant action, we may easily see start of the downtrend again to test magic 6k area one more time!
But considering both, top and bottom bollinger bands, we do not expect some major moves ($1000+). As we mentioned few times, we expect BTC to stay in this range for a while!
H4 time frame : https://www.tradingview.com/x/iZMs6Sr8/
On H4, we do not have downward momentum so shorting now would be more emotional because of fear of mission out that trade! Top bollinger band is not tested yet so that test is possible. Considering that top bollinger band is $100 higher than current price, if you enter now, safe stop loss is too far!
So, trading with confirmation is much better idea here with 2 potential short are! Firstly, if we see close below midb H4, then we need to wait for retest and short there if we get trigger. For trigger you always look on m15.
Secondly, in case on topbb test, if we see close above, it is not suggested to go short but if we see just shadow, again we have short trading set up and it will be time to search for triggers on m15.
For long triggers we will search if we see close above these resistances on daily time frame!
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
CME Report: BTC Futures Trading Keeps Growing in Q3, Average Daily Volume up 41% Over Q2
Bitcoin futures trading at the CME has continued to grow in Q3, with average daily trading volume up 41% over Q2.
It is October 19th, 2018
BTC dominance is currently at 53.9% (+0.2%). The total market cap is currently at $208.4 billion (- $2.8 billion). The market volume of the last 24h was $11.7 billion (- $0.6 billion).
Fundamental analysis
Goldman Sachs and Galaxy Digital’s Mike Novogratz Invest $15 Million in Crypto Custody Firm
https://cointelegraph.com/news/goldman-sachs-and-galaxy-digitals-mike-novogratz-invest-15-million-in-crypto-custody-firm
Did Tron Mislead Investors by Claiming Partnership with Baidu?
https://www.ccn.com/did-tron-mislead-investors-by-claiming-partnership-with-baidu-experts-weigh-in/
Bitfinex Struggles with Banks, Why Are Other Major Bitcoin Exchanges Just Fine?
https://www.ccn.com/bitfinex-struggles-with-banks-why-are-other-major-bitcoin-exchanges-just-fine/
Technical analysis
Daily time frame: https://www.tradingview.com/x/h9Gr6YYQ/
As we expected, price dropped! The resistance area was too strong this time for Bitcoin! Also, we told you that it will try to reach top bb h1 and h4 and it did happen and once it struggled to make close above top bb h4, it was very good short sign!
Now, we are searching for continuation signs! First target was 6380-6400 area now next target is around 6300 area.
H4 time frame: https://www.tradingview.com/x/yPN1lKNN/
As we can see, it didn't close below EMA 50 and low bollinger band so it is still not so bearish. Also volume is very low.
So today we have chance for nice move to $6300 area. Best short area would be between 6415 and 6435. Close above mid bollinger band on H4 would invalidate this trade setup. Safe stop loss is above 6490 (top bollinger band H4 and recent high).
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 53.9% (+0.2%). The total market cap is currently at $208.4 billion (- $2.8 billion). The market volume of the last 24h was $11.7 billion (- $0.6 billion).
Fundamental analysis
Goldman Sachs and Galaxy Digital’s Mike Novogratz Invest $15 Million in Crypto Custody Firm
https://cointelegraph.com/news/goldman-sachs-and-galaxy-digitals-mike-novogratz-invest-15-million-in-crypto-custody-firm
Did Tron Mislead Investors by Claiming Partnership with Baidu?
https://www.ccn.com/did-tron-mislead-investors-by-claiming-partnership-with-baidu-experts-weigh-in/
Bitfinex Struggles with Banks, Why Are Other Major Bitcoin Exchanges Just Fine?
https://www.ccn.com/bitfinex-struggles-with-banks-why-are-other-major-bitcoin-exchanges-just-fine/
Technical analysis
Daily time frame: https://www.tradingview.com/x/h9Gr6YYQ/
As we expected, price dropped! The resistance area was too strong this time for Bitcoin! Also, we told you that it will try to reach top bb h1 and h4 and it did happen and once it struggled to make close above top bb h4, it was very good short sign!
Now, we are searching for continuation signs! First target was 6380-6400 area now next target is around 6300 area.
H4 time frame: https://www.tradingview.com/x/yPN1lKNN/
As we can see, it didn't close below EMA 50 and low bollinger band so it is still not so bearish. Also volume is very low.
So today we have chance for nice move to $6300 area. Best short area would be between 6415 and 6435. Close above mid bollinger band on H4 would invalidate this trade setup. Safe stop loss is above 6490 (top bollinger band H4 and recent high).
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
Goldman Sachs and Galaxy Digital’s Mike Novogratz Invest $15 Million in Crypto Custody Firm
U.S. crypto wallet and blockchain security firm BitGo gets $15 million from banking giant Goldman Sachs and Galaxy Digital’s Mike Novogratz.
It is October 20th, 2018
BTC dominance is currently at $53.9% (+0.0%). The total market cap is currently at $207.9 billion (- $0.5 billion). The market volume of the last 24h was $10.5 billion (- $1.2 billion).
Fundamental analysis
Ethereum's Constantinople Hard Fork Is Being Delayed Until 2019
https://www.coindesk.com/ethereums-constantinople-hard-fork-is-being-delayed-until-2019/
Lack of Transparency to Blame for Tether’s Loss of USD Peg
https://www.ccn.com/lack-of-transparency-to-blame-for-tethers-loss-of-usd-peg-novogratz/
86% of ICO Tokens Now Worth Less than Initial Cryptocurrency Exchange Listing Price
https://www.ccn.com/86-of-ico-tokens-now-worth-less-than-initial-cryptocurrency-exchange-listing-price/
Technical analysis
Daily time frame : https://www.tradingview.com/x/ZfBdW4d1/
After bearish daily candle from 2 days ago, yesterday's close brought us indecision again. After that close situation is unclear again!
H4 time frame : https://www.tradingview.com/x/E8TMwj05/
On H4 price close below EMA50 and as long as it is below EMA 50, it is more bearish than bullish. Also, in that area there is horizontal resistance so curretly it is still a little bit more bearish than bullish with targets areound 6300.
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 $53.9% (+0.0%). The total market cap is currently at $207.9 billion (- $0.5 billion). The market volume of the last 24h was $10.5 billion (- $1.2 billion).
Fundamental analysis
Ethereum's Constantinople Hard Fork Is Being Delayed Until 2019
https://www.coindesk.com/ethereums-constantinople-hard-fork-is-being-delayed-until-2019/
Lack of Transparency to Blame for Tether’s Loss of USD Peg
https://www.ccn.com/lack-of-transparency-to-blame-for-tethers-loss-of-usd-peg-novogratz/
86% of ICO Tokens Now Worth Less than Initial Cryptocurrency Exchange Listing Price
https://www.ccn.com/86-of-ico-tokens-now-worth-less-than-initial-cryptocurrency-exchange-listing-price/
Technical analysis
Daily time frame : https://www.tradingview.com/x/ZfBdW4d1/
After bearish daily candle from 2 days ago, yesterday's close brought us indecision again. After that close situation is unclear again!
H4 time frame : https://www.tradingview.com/x/E8TMwj05/
On H4 price close below EMA50 and as long as it is below EMA 50, it is more bearish than bullish. Also, in that area there is horizontal resistance so curretly it is still a little bit more bearish than bullish with targets areound 6300.
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!
CoinDesk
Ethereum's Constantinople Hard Fork Is Being Delayed Until 2019 - CoinDesk
Ethereum's next upgrade, Constantinople, has been delayed until next year.
It is October 21st, 2018
BTC dominance is currently at 53.6% (-0.3%). The total market cap is currently at $209.5 billion (+ $1.6 billion). The market volume of the last 24h was $9.8 billion (- $0.7 billion).
Fundamental analysis
Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits
https://cointelegraph.com/news/bitfinex-the-rumors-of-insolvency-banking-partners-escape-and-the-suspension-of-fiat-deposits
Novogratz Says Cryptos Are Safe, Expects Bitcoin to Rally In Q1 2019
https://www.ccn.com/novogratz-says-cryptos-are-safe-expects-bitcoin-to-rally-in-q1-2019/
Stablecoins in a Nutshell…And Why They Can Kill Decentralization
https://www.ccn.com/stablecoins-in-a-nutshell-and-why-they-can-kill-decentralization/
Technical analysis
Daily time frame : https://www.tradingview.com/x/lmEzPAqN/
BTC lost bearish momentum on daily after yesterday's close! Again we are entering ranging market after 5th day in a row closing around the same area. Yesterday's close triggered some bullish momentum that could lead us to 6430 (mid bollinger band), 6450 (the middle of the green area) or 6510 (EMA 50).
Generally market slowed down and best example is fundamental side. We are receiving only some news that are not so important for current price. It is great that a lot of companies are getting into crypto but so far the price is ingoring technical development! So, that's why the fundamental update sometimes is boring but we try to find most interesting and important ones so you do not have to search for them but to check our channel and get all of them in one place.
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 53.6% (-0.3%). The total market cap is currently at $209.5 billion (+ $1.6 billion). The market volume of the last 24h was $9.8 billion (- $0.7 billion).
Fundamental analysis
Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits
https://cointelegraph.com/news/bitfinex-the-rumors-of-insolvency-banking-partners-escape-and-the-suspension-of-fiat-deposits
Novogratz Says Cryptos Are Safe, Expects Bitcoin to Rally In Q1 2019
https://www.ccn.com/novogratz-says-cryptos-are-safe-expects-bitcoin-to-rally-in-q1-2019/
Stablecoins in a Nutshell…And Why They Can Kill Decentralization
https://www.ccn.com/stablecoins-in-a-nutshell-and-why-they-can-kill-decentralization/
Technical analysis
Daily time frame : https://www.tradingview.com/x/lmEzPAqN/
BTC lost bearish momentum on daily after yesterday's close! Again we are entering ranging market after 5th day in a row closing around the same area. Yesterday's close triggered some bullish momentum that could lead us to 6430 (mid bollinger band), 6450 (the middle of the green area) or 6510 (EMA 50).
Generally market slowed down and best example is fundamental side. We are receiving only some news that are not so important for current price. It is great that a lot of companies are getting into crypto but so far the price is ingoring technical development! So, that's why the fundamental update sometimes is boring but we try to find most interesting and important ones so you do not have to search for them but to check our channel and get all of them in one place.
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
Bitfinex: The Rumors of 'Insolvency,' Banking Partners’ Escape, and the Suspension of Fiat Deposits
Fiat deposits are available on Bitfinex, but rumors about its insolvency haven’t been fully dispelled.
Crypto Signals
BTC Long/Short update! Long: https://www.tradingview.com/x/z6qvLmm3/ Short: https://www.tradingview.com/x/WVaY8hq7/ So far, it is following our prediction! The fact that number of shorts dropped around 25%, number of longs dropped 8-10% and price pumped…
Long/Short Ratio Update
Few weeks ago we shared long and short positions and it is time to update that article.
Previous Long : https://www.tradingview.com/x/z6qvLmm3/
Long Update : https://www.tradingview.com/x/RolAgd92/
Previous Short : https://www.tradingview.com/x/WVaY8hq7/**Short Update** : https://www.tradingview.com/x/yLXABnXh/
Our prediction for both was almost perfect! Long is almost in green area, short already reached our support area. The number of both positions is dropping and maybe one of the best confirmations that the ranging period is on and probably may continue further. Why?
Firstly, let me explain what these numbers mean. On BTC Long for example, on chart you see some number around 20270. What does number mean? It is the number of BTC currently in long position. So, currently on Bitfinex we have much more short positions than longs. But, if we check Bitmex, the situation is completelly different! Check out this chart http://prntscr.com/l8iee6
One exchange is extra bullish while other one is extra bearish... hm... what does it mean for us! As I said first time 4-5 weeks ago and then 2nd time a week ago and now 3rd time today, the accumulation time is on and no one knows how much is it going to last. Maybe few more days but maybe few more weeks.
That's why total number of both positions are dropping because members are confused and they rather choose to stay aside and wait for trend to be established to start with trading again. Number of longs on Bitmex is a little bit scary and may easily cause long squeeze but the question is where is the majority of stop loss orders. If that area gets reached, big move may easily happen. But on the other side, look at Bitfinex. Much more short orders. Currently, our opinion is that whales are opening shorts on Bitfinex and will try to cause drop by long squeeze on Bitmex.
October 26th is coming soon when we need to get announcement from SEC about 9 rejected ETF proposals. Potential good news ( probably wont happen) coule turn market bullish easily! More likely they will just confirm rejection but considering last 2 negative decision, I do not think that it may be trigger for big drop! For big drop we need trigger from China or SEC but about new topic because looks like ETF could be only potential bullish because we already know that they are rejected and only change in decision may cause big reversal.
We didn't have right info but considering our previous checks, number of longs on Bitmex is close to all time high so potential long squeeze may lead price easily to 5k area. The question is when, why and what will be trigger for that huge sell off! If we see further increase in number of long positions, long squeeze will be more likely to happen! If that happens, there is no person that will predict the bottom. Bottom will be reached once all stop loss orders get executed!
So, maybe it looks scary but that's our current reality so be ready for every scenario! One more reason is bearish ETH/USD on weekly time frame with potential targets in 100-150 area. It won't happen without big sell off in BTC price!
We are going to monitor future whales actions. You will be informed if we notice weird actions! 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!
Few weeks ago we shared long and short positions and it is time to update that article.
Previous Long : https://www.tradingview.com/x/z6qvLmm3/
Long Update : https://www.tradingview.com/x/RolAgd92/
Previous Short : https://www.tradingview.com/x/WVaY8hq7/**Short Update** : https://www.tradingview.com/x/yLXABnXh/
Our prediction for both was almost perfect! Long is almost in green area, short already reached our support area. The number of both positions is dropping and maybe one of the best confirmations that the ranging period is on and probably may continue further. Why?
Firstly, let me explain what these numbers mean. On BTC Long for example, on chart you see some number around 20270. What does number mean? It is the number of BTC currently in long position. So, currently on Bitfinex we have much more short positions than longs. But, if we check Bitmex, the situation is completelly different! Check out this chart http://prntscr.com/l8iee6
One exchange is extra bullish while other one is extra bearish... hm... what does it mean for us! As I said first time 4-5 weeks ago and then 2nd time a week ago and now 3rd time today, the accumulation time is on and no one knows how much is it going to last. Maybe few more days but maybe few more weeks.
That's why total number of both positions are dropping because members are confused and they rather choose to stay aside and wait for trend to be established to start with trading again. Number of longs on Bitmex is a little bit scary and may easily cause long squeeze but the question is where is the majority of stop loss orders. If that area gets reached, big move may easily happen. But on the other side, look at Bitfinex. Much more short orders. Currently, our opinion is that whales are opening shorts on Bitfinex and will try to cause drop by long squeeze on Bitmex.
October 26th is coming soon when we need to get announcement from SEC about 9 rejected ETF proposals. Potential good news ( probably wont happen) coule turn market bullish easily! More likely they will just confirm rejection but considering last 2 negative decision, I do not think that it may be trigger for big drop! For big drop we need trigger from China or SEC but about new topic because looks like ETF could be only potential bullish because we already know that they are rejected and only change in decision may cause big reversal.
We didn't have right info but considering our previous checks, number of longs on Bitmex is close to all time high so potential long squeeze may lead price easily to 5k area. The question is when, why and what will be trigger for that huge sell off! If we see further increase in number of long positions, long squeeze will be more likely to happen! If that happens, there is no person that will predict the bottom. Bottom will be reached once all stop loss orders get executed!
So, maybe it looks scary but that's our current reality so be ready for every scenario! One more reason is bearish ETH/USD on weekly time frame with potential targets in 100-150 area. It won't happen without big sell off in BTC price!
We are going to monitor future whales actions. You will be informed if we notice weird actions! 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!
Do not get us wrong, bearish post is just for educational and informational purpose. We are not here to share any FUD just simple logic and everything will be clear. Do you think that miniroty will make profit for majority or vice versa? I think that it is clear that majority is always losing and that minority in most cases.
We just want to warn you what could happen and that longing could be very risky. Also, this difference between Bitmex and Bitfinex is made on purpose to confuse the majority! We all know that the volume on Bitmex is much higher than Bitfinex, Bitmex is more volatile than Bitfinex too (even in the case of same volume). Why Bitmex is more volatile comes from its difference. Bitfinex and Bitmex are similar but there is small difference that makes huge difference between these 2 exchanges. That's why whales opened shorts on Bitfinex because if BTC drops on Bitmex, Bitfinex will also follow. This is pure math and logic, there is no trading tool or indicator that will teach you this. They did this before and that's why we think it will happen again. We will share with you these situation from past so it will be more clear to you!
But we wont jump in shorts too! We are waiting for our trading setup to be triggered and once we enter the position with tight stop loss, we are going to try to ride the way down. It won't be easy because BTC is used to bounce offs so that's why once we open successful short, we will put stop loss on break even and wait for the outcome! Wait for the news to trigger big drop! If we are wrong, we wont lose anything, Bitcoin price will go up, it will make us $ profit so this looks like perfect trade setup but the only missing piece is perfect spot to enter the short! It may easily happen today or tomorrow so be ready!
We just want to warn you what could happen and that longing could be very risky. Also, this difference between Bitmex and Bitfinex is made on purpose to confuse the majority! We all know that the volume on Bitmex is much higher than Bitfinex, Bitmex is more volatile than Bitfinex too (even in the case of same volume). Why Bitmex is more volatile comes from its difference. Bitfinex and Bitmex are similar but there is small difference that makes huge difference between these 2 exchanges. That's why whales opened shorts on Bitfinex because if BTC drops on Bitmex, Bitfinex will also follow. This is pure math and logic, there is no trading tool or indicator that will teach you this. They did this before and that's why we think it will happen again. We will share with you these situation from past so it will be more clear to you!
But we wont jump in shorts too! We are waiting for our trading setup to be triggered and once we enter the position with tight stop loss, we are going to try to ride the way down. It won't be easy because BTC is used to bounce offs so that's why once we open successful short, we will put stop loss on break even and wait for the outcome! Wait for the news to trigger big drop! If we are wrong, we wont lose anything, Bitcoin price will go up, it will make us $ profit so this looks like perfect trade setup but the only missing piece is perfect spot to enter the short! It may easily happen today or tomorrow so be ready!
It is October 22nd, 2018
BTC dominance is currently at 53.7% (+0.1%). The total market cap is currently at $210.1 billion (+ $0.6 billion). The market volume of the last 24h was $9.9 (+ $0.1).
Fundamental analysis
Bitcoin Hits New Yearly Low Volume, Only Way to Reverse Trend is a Big Spike
https://www.ccn.com/bitcoin-hits-new-yearly-low-volume-only-way-to-reverse-trend-is-a-big-spike/
There’s an increasing FUD saying NEO is going to fork, turning out to be totally false! #NEO uses original #dBFT consensus mechanism, which has block finality and will not fork. Please take care of your asset and be safe
https://twitter.com/NEO_Blockchain/status/1052924015247949824?s=19
Bitcoin Network Congestion Reaches 95%, But Fees Hold Steady
https://www.ccn.com/bitcoin-network-congestion-reaches-95-but-fees-hold-steady/
Technical analysis
Daily time frame : https://www.tradingview.com/x/SDC5XZCd/
Daily time frame did exactly as we predicted! It went up to our 2nd target ( green area), got rejected and turned daily bearish again! Now we are very close to ideal bearish setup and we are missing only confirmation!
H4 time frame : https://www.tradingview.com/x/ae2HeAwD/
H4 is time frame where we are looking for confirmation! The confirmation will be close bewlo mid bollinger band and EMA 50. Currently these two lines are aroiund 6400. Once we get close below, we need to monitor m15 in for an entry! The first major target for this potential trade is low bollinger band on daily time frame (6100).
This is swing target, for scalp targets you can target 6300 area. Based on these 2 targets, find stop loss that will make your risk to reward ratio at least 1:2. My suggestion is 6465 and 6505.
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 53.7% (+0.1%). The total market cap is currently at $210.1 billion (+ $0.6 billion). The market volume of the last 24h was $9.9 (+ $0.1).
Fundamental analysis
Bitcoin Hits New Yearly Low Volume, Only Way to Reverse Trend is a Big Spike
https://www.ccn.com/bitcoin-hits-new-yearly-low-volume-only-way-to-reverse-trend-is-a-big-spike/
There’s an increasing FUD saying NEO is going to fork, turning out to be totally false! #NEO uses original #dBFT consensus mechanism, which has block finality and will not fork. Please take care of your asset and be safe
https://twitter.com/NEO_Blockchain/status/1052924015247949824?s=19
Bitcoin Network Congestion Reaches 95%, But Fees Hold Steady
https://www.ccn.com/bitcoin-network-congestion-reaches-95-but-fees-hold-steady/
Technical analysis
Daily time frame : https://www.tradingview.com/x/SDC5XZCd/
Daily time frame did exactly as we predicted! It went up to our 2nd target ( green area), got rejected and turned daily bearish again! Now we are very close to ideal bearish setup and we are missing only confirmation!
H4 time frame : https://www.tradingview.com/x/ae2HeAwD/
H4 is time frame where we are looking for confirmation! The confirmation will be close bewlo mid bollinger band and EMA 50. Currently these two lines are aroiund 6400. Once we get close below, we need to monitor m15 in for an entry! The first major target for this potential trade is low bollinger band on daily time frame (6100).
This is swing target, for scalp targets you can target 6300 area. Based on these 2 targets, find stop loss that will make your risk to reward ratio at least 1:2. My suggestion is 6465 and 6505.
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!
CCN
Bitcoin Hits New Yearly Low Volume, Only Way to Reverse Trend is a Big Spike
Bitcoin has achieved a new yearly low volume, demonstrating a lack of momentum and strength to recover to the higher region of $6,000.
It is October 23rd, 2018
BTC dominance is currently at 53.6% (- 0.1%). The total market cap is currenty at $209.4 billion (- $0.7). The market volume of the last 24h was $10.7 billion (+ $0.8 billion).
Fundamental analysis
NYSE Parent Company Reveals Launch Date for Bitcoin Futures on Bakkt Platform
https://cointelegraph.com/news/nyse-parent-company-reveals-launch-date-for-bitcoin-futures-on-bakkt-platform
Money 20/20: Experts Debate Whether Blockchain Will Replace Current Payment Systems
https://cointelegraph.com/news/money-20-20-experts-debate-whether-blockchain-will-replace-current-payment-systems
Demand for Blockchain Engineers Has Grown 400% Since End of 2017
https://cointelegraph.com/news/demand-for-blockchain-engineers-has-grown-400-since-end-of-2017-report-says
Technical analysis
Daily time frame : https://www.tradingview.com/x/0hXSzwd2/
More and more bearish signs. We are not expecting today to see that drop but if we see candle formation we are looking for, it could happen easily tomorrow!
The first major target for this potential trade is low bollinger band on daily time frame (6100).
This is swing target, for scalp targets you can target 6300 area. Based on these 2 targets, find stop loss that will make your risk to reward ratio at least 1:2. My suggestion is 6465 and 6505.
Idea for trading is same as it was in yesterday's post. If you decide to take that short, good luck!
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 53.6% (- 0.1%). The total market cap is currenty at $209.4 billion (- $0.7). The market volume of the last 24h was $10.7 billion (+ $0.8 billion).
Fundamental analysis
NYSE Parent Company Reveals Launch Date for Bitcoin Futures on Bakkt Platform
https://cointelegraph.com/news/nyse-parent-company-reveals-launch-date-for-bitcoin-futures-on-bakkt-platform
Money 20/20: Experts Debate Whether Blockchain Will Replace Current Payment Systems
https://cointelegraph.com/news/money-20-20-experts-debate-whether-blockchain-will-replace-current-payment-systems
Demand for Blockchain Engineers Has Grown 400% Since End of 2017
https://cointelegraph.com/news/demand-for-blockchain-engineers-has-grown-400-since-end-of-2017-report-says
Technical analysis
Daily time frame : https://www.tradingview.com/x/0hXSzwd2/
More and more bearish signs. We are not expecting today to see that drop but if we see candle formation we are looking for, it could happen easily tomorrow!
The first major target for this potential trade is low bollinger band on daily time frame (6100).
This is swing target, for scalp targets you can target 6300 area. Based on these 2 targets, find stop loss that will make your risk to reward ratio at least 1:2. My suggestion is 6465 and 6505.
Idea for trading is same as it was in yesterday's post. If you decide to take that short, good luck!
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
NYSE Parent Company Reveals Launch Date for Bitcoin Futures on Bakkt Platform
Shortly after the announcement that its first crypto product will be physical Bitcoin futures, NYSE parent company ICE has revealed the launch date.
Forwarded from Future Crypto Experts - Paid Channel
ADA/BTC https://www.tradingview.com/x/fvxiKDkM/
The green area is obviously the area of interest and as long as we are below the green area, short makes sense! Once we cross above that area, long will be considered as wiser option!
Trading idea:
Short
Entry 1190
Stop loss 1231
Target 1115-1135
The green area is obviously the area of interest and as long as we are below the green area, short makes sense! Once we cross above that area, long will be considered as wiser option!
Trading idea:
Short
Entry 1190
Stop loss 1231
Target 1115-1135
Trading idea for ADA/BTC was shared 2 hours ago and price dropped all the way down to our target area!
Chart update: https://www.tradingview.com/x/RsV0LmYD/
This is how we are doing! No screenshots but forwarded messages from paid channel! We are here to share only real value! Well done for our paid members who took this trade!
Chart update: https://www.tradingview.com/x/RsV0LmYD/
This is how we are doing! No screenshots but forwarded messages from paid channel! We are here to share only real value! Well done for our paid members who took this trade!
Forwarded from Future Crypto Experts - Paid Channel
LTC/BTC https://www.tradingview.com/x/4CS3D41t/
Coin that is standing out of the crowd! Chart looks different than the previous ones and the only so far with bullish potential. This falling wedge could be considered as bullish setup only if green area holds out! In that case we would have double support + falling wedge that could indicate some fundamental that will trigger the uptrend!
It is still in clear downtrend but the facts above are offering LTC holders hope for some reversal soon!
No trade idea, too close to potential support so shorting is not wise idea and too early for long because no confirmation so far!
Coin that is standing out of the crowd! Chart looks different than the previous ones and the only so far with bullish potential. This falling wedge could be considered as bullish setup only if green area holds out! In that case we would have double support + falling wedge that could indicate some fundamental that will trigger the uptrend!
It is still in clear downtrend but the facts above are offering LTC holders hope for some reversal soon!
No trade idea, too close to potential support so shorting is not wise idea and too early for long because no confirmation so far!
LTC/BTC https://www.tradingview.com/x/cOTvL3B3/
The only coin we considered bullish is pumping right now! We shared updates on all alts that are tradable on Bitmex and LTC was the only one with bullish signs. Here is the outcome 😉
Let's see how high LTC can go and what will be the reason (beside TA) for potential uptrend!
But for bullish biased traders, it is very good rejection from support so this gives a lot of chance this falling wedge to end up this downtrend!
The only coin we considered bullish is pumping right now! We shared updates on all alts that are tradable on Bitmex and LTC was the only one with bullish signs. Here is the outcome 😉
Let's see how high LTC can go and what will be the reason (beside TA) for potential uptrend!
But for bullish biased traders, it is very good rejection from support so this gives a lot of chance this falling wedge to end up this downtrend!
Most of you ask me about paid channel! Do we have paid channel? Yes, we do!
In the few posts above we shared with you samples of our work! Want to see more? Join our paid channel!
For any question about paid channel, feel free to contact @CryptoSignalsAdmin!
To your success, CS Team!
In the few posts above we shared with you samples of our work! Want to see more? Join our paid channel!
For any question about paid channel, feel free to contact @CryptoSignalsAdmin!
To your success, CS Team!
It is October 24th, 2018
BTC dominance is currently at 53.6% (+0.0%). The total market cap is currently at $209.8 billion (+ $0.4 billion). The market volume of the last 24h was $10.5 billion (- $0.2 billion).
Fundamental analysis
SEC Publishes Memorandum From Meeting on SolidX, VanEck BTC ETF Proposal
https://cointelegraph.com/news/sec-publishes-memorandum-from-meeting-on-solidx-vaneck-btc-etf-proposal
Crypto Giants Coinbase and Circle Launch Digital Dollar ‘USDC’
https://www.ccn.com/breaking-crypto-giants-coinbase-and-circle-launch-digital-dollar-usdc/
Bitfinex Is Publishing Data for a Tether Market That Doesn't Exist
https://www.coindesk.com/bitfinex-is-publishing-data-for-a-tether-market-that-doesnt-exist/
Technical analysis
Daily time frame : https://www.tradingview.com/x/kIxfILmW/
It is less and less volatile! Last 8 days were extra unvolatile. We are still thinking it has more chances for drop than for uptrend! The entry, stop loss and targets are the same! Check previous 2 posts for details.
Good luck for these who decide to take that trade! Let's hope for some action so we can take action too!
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 53.6% (+0.0%). The total market cap is currently at $209.8 billion (+ $0.4 billion). The market volume of the last 24h was $10.5 billion (- $0.2 billion).
Fundamental analysis
SEC Publishes Memorandum From Meeting on SolidX, VanEck BTC ETF Proposal
https://cointelegraph.com/news/sec-publishes-memorandum-from-meeting-on-solidx-vaneck-btc-etf-proposal
Crypto Giants Coinbase and Circle Launch Digital Dollar ‘USDC’
https://www.ccn.com/breaking-crypto-giants-coinbase-and-circle-launch-digital-dollar-usdc/
Bitfinex Is Publishing Data for a Tether Market That Doesn't Exist
https://www.coindesk.com/bitfinex-is-publishing-data-for-a-tether-market-that-doesnt-exist/
Technical analysis
Daily time frame : https://www.tradingview.com/x/kIxfILmW/
It is less and less volatile! Last 8 days were extra unvolatile. We are still thinking it has more chances for drop than for uptrend! The entry, stop loss and targets are the same! Check previous 2 posts for details.
Good luck for these who decide to take that trade! Let's hope for some action so we can take action too!
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
SEC Publishes Memorandum From Meeting on SolidX, VanEck BTC ETF Proposal
The U.S. SEC has published a memorandum from a meeting regarding the much-discussed Bitcoin ETF proposal from VanEck and SolidX.
It is October 25th, 2018
BTC dominance is currently at 53.8% (+0.2%). The total market cap is currently at $208.6 billion (- $1.2 billion). The market volume of the last 24h was at $10.0 billion (- $0.5 billion).
Fundamental analysis
Tom Lee, Speaker at the Upcoming Blockshow Asia: ‘Bitcoin is Preparing to Break out’
https://cointelegraph.com/news/tom-lee-speaker-at-the-upcoming-blockshow-asia-bitcoin-is-preparing-to-breakout
Tether Just Burned 500 Million USDT
https://www.coindesk.com/tether-just-burned-500-million-usdt-stablecoin-tokens/
The Next 10 Years: Crypto Market to Eclipse $20 Trillion as Bitcoin’s Influence Fades
https://www.ccn.com/the-next-10-years-crypto-market-to-eclipse-20-trillion-as-bitcoins-influence-fades/
Technical analysis
Daily time frame : https://www.tradingview.com/x/JmDrPo7O/
When you zoom in, these candles looks solid but when you zoom out, you actually realize how unvolatile the market is currently! This is bad for us because we need volatility in order to make money. Why? If you have volatility, you have potential and if you know to manage risk and if you are able to find profitable entries, you are going to end up in profit! But this unvolatility has positive side too!
Do you remember what is the main reason big players think that Bitcoin is not able to become money? Yeah, high volatility! Look 40 days back and you will see that Bitcoin is able to be very unvolatile. Every asset is volatile at the beginning because the liquidity is low. But when you have high liquidity, price will remain its value over the time and be less volatile! The stock market is very unvolatile compared to Bitcoin but stock was volatile also. In last 7-10 days, DOW dropped 8-9% and it created huge panic in stock market. But the fact is that DOW used to drop even 20% in a single day ( 1970-1980). So, in future, once liquidity grow, Bitcoin will become less volatile and that's the time when mainstream adoption may happen. Projects like BAKKT will help institutions to start using cryptocurrencies and it will bring us liquidity. That's main thing that will make Bitcoin less volatile and ready for mainstream!
At the end, let's explain the term of liquidity! What is liquidity? It is the term that express market situation when at every price there is enough buyers and sellers so price remain the same. If you have 5 interested buyers, you will be forced to give them discount because it is most likely that all 5 buyers will say no to your initital price. But when you have 1000 interested buyers, you do not have to give them any discount because almost 100% there will be someone who will be interested to buy at the initial price. Volume is executed liquidity! Volume and liquidity is not the same. Volume represents total number of executed traders or positons or contracts and liquidity represents total number of traders or positions or contracts that are interested to buy/sell!
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 53.8% (+0.2%). The total market cap is currently at $208.6 billion (- $1.2 billion). The market volume of the last 24h was at $10.0 billion (- $0.5 billion).
Fundamental analysis
Tom Lee, Speaker at the Upcoming Blockshow Asia: ‘Bitcoin is Preparing to Break out’
https://cointelegraph.com/news/tom-lee-speaker-at-the-upcoming-blockshow-asia-bitcoin-is-preparing-to-breakout
Tether Just Burned 500 Million USDT
https://www.coindesk.com/tether-just-burned-500-million-usdt-stablecoin-tokens/
The Next 10 Years: Crypto Market to Eclipse $20 Trillion as Bitcoin’s Influence Fades
https://www.ccn.com/the-next-10-years-crypto-market-to-eclipse-20-trillion-as-bitcoins-influence-fades/
Technical analysis
Daily time frame : https://www.tradingview.com/x/JmDrPo7O/
When you zoom in, these candles looks solid but when you zoom out, you actually realize how unvolatile the market is currently! This is bad for us because we need volatility in order to make money. Why? If you have volatility, you have potential and if you know to manage risk and if you are able to find profitable entries, you are going to end up in profit! But this unvolatility has positive side too!
Do you remember what is the main reason big players think that Bitcoin is not able to become money? Yeah, high volatility! Look 40 days back and you will see that Bitcoin is able to be very unvolatile. Every asset is volatile at the beginning because the liquidity is low. But when you have high liquidity, price will remain its value over the time and be less volatile! The stock market is very unvolatile compared to Bitcoin but stock was volatile also. In last 7-10 days, DOW dropped 8-9% and it created huge panic in stock market. But the fact is that DOW used to drop even 20% in a single day ( 1970-1980). So, in future, once liquidity grow, Bitcoin will become less volatile and that's the time when mainstream adoption may happen. Projects like BAKKT will help institutions to start using cryptocurrencies and it will bring us liquidity. That's main thing that will make Bitcoin less volatile and ready for mainstream!
At the end, let's explain the term of liquidity! What is liquidity? It is the term that express market situation when at every price there is enough buyers and sellers so price remain the same. If you have 5 interested buyers, you will be forced to give them discount because it is most likely that all 5 buyers will say no to your initital price. But when you have 1000 interested buyers, you do not have to give them any discount because almost 100% there will be someone who will be interested to buy at the initial price. Volume is executed liquidity! Volume and liquidity is not the same. Volume represents total number of executed traders or positons or contracts and liquidity represents total number of traders or positions or contracts that are interested to buy/sell!
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
Tom Lee, Speaker at the Upcoming BlockShow Asia: ‘Bitcoin is Preparing to Break out’
An interview with Mr. Thomas Lee, a Fundstrat Global Advisors co-founder, a Wall Street analyst, and a speaker at Asia Blockchain Week 2018.
Are we going to see 51% attack?
With fiat money, fraud is committed because of selfish profit motives: the individuals performing the fraudulent actions have everything to gain and nothing to lose if they are not discovered or if they are beyond the reach of the law. With cryptocurrency, a system is produced that no one stands to benefit with fraudulent actions. In fact, they stand to benefit performing non-fraudulent actions instead.
If a greedy attacker is able to assemble more CPU proof-of-worker than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth
- Satoshi Nakamoto
To gain 51% of minning power or more, you need huge money! Let's say you have that money! Now, you have 2 options! To mine more than everyone else and earn more Bitcoins than all other minners, or to use that power in order to crash the Bitcoin! I think it is absurd to even discuss about this! Using billions to create that power and then lose everyhting just because you hate Bitcoin! What is even more absurd is that other miners can ignore you and they can continue to mine on the old chain so old chain won't suffer almost anything. The only problem that can happen in that situation is short-term price fluctuation.
To your success, CS Team!
With fiat money, fraud is committed because of selfish profit motives: the individuals performing the fraudulent actions have everything to gain and nothing to lose if they are not discovered or if they are beyond the reach of the law. With cryptocurrency, a system is produced that no one stands to benefit with fraudulent actions. In fact, they stand to benefit performing non-fraudulent actions instead.
If a greedy attacker is able to assemble more CPU proof-of-worker than all the honest nodes, he would have to choose between using it to defraud people by stealing back his payments or using it to generate new coins. He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth
- Satoshi Nakamoto
To gain 51% of minning power or more, you need huge money! Let's say you have that money! Now, you have 2 options! To mine more than everyone else and earn more Bitcoins than all other minners, or to use that power in order to crash the Bitcoin! I think it is absurd to even discuss about this! Using billions to create that power and then lose everyhting just because you hate Bitcoin! What is even more absurd is that other miners can ignore you and they can continue to mine on the old chain so old chain won't suffer almost anything. The only problem that can happen in that situation is short-term price fluctuation.
To your success, CS Team!
It is October 26th, 2018
BTC dominance is currently at 53.7% (-0.1%). The total market cap is currently at $209.0 billion (+ $0.4 billion). The market volume of the last 24h was at $8.5 billion (- $1.5 billion).
Fundamental analysis
Trendlines are like diving boards: You get a better bounce from a longer diving board than a shorter one.
https://cointelegraph.com/news/unconfirmed-us-regulators-could-approve-bakkt-btc-futures-launch-in-first-week-of-november
Stock Market Plunges But Has No Impact on Crypto: No Correlation?
https://www.ccn.com/stock-market-plunges-but-has-no-impact-on-crypto-no-correlation/
Blockchain's First Hardware Wallet Will Let You Trade Crypto for Crypto
https://www.coindesk.com/blockchains-first-hardware-wallet-will-let-you-trade-crypto-for-crypto/
Bloomberg: European Crypto Mining Firm Bitfury Considers Going Public
https://cointelegraph.com/news/bloomberg-european-crypto-mining-firm-bitfury-considers-going-public
Technical analysis
Daily time frame : https://www.tradingview.com/x/B9aqzsGZ/
If you check the price last 10 days, all you see is same price with random wicks! Where are we going? Who knows...
The lowest volume since we are making updates. The last 24h volume was under $9 billion!
We are still thinking that the drop more likely to happen then uptrend but that drop would target 6200-6300. Any other prediction would be more guessing so we will avoid guessing and try to update you and trade only after 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 53.7% (-0.1%). The total market cap is currently at $209.0 billion (+ $0.4 billion). The market volume of the last 24h was at $8.5 billion (- $1.5 billion).
Fundamental analysis
Trendlines are like diving boards: You get a better bounce from a longer diving board than a shorter one.
https://cointelegraph.com/news/unconfirmed-us-regulators-could-approve-bakkt-btc-futures-launch-in-first-week-of-november
Stock Market Plunges But Has No Impact on Crypto: No Correlation?
https://www.ccn.com/stock-market-plunges-but-has-no-impact-on-crypto-no-correlation/
Blockchain's First Hardware Wallet Will Let You Trade Crypto for Crypto
https://www.coindesk.com/blockchains-first-hardware-wallet-will-let-you-trade-crypto-for-crypto/
Bloomberg: European Crypto Mining Firm Bitfury Considers Going Public
https://cointelegraph.com/news/bloomberg-european-crypto-mining-firm-bitfury-considers-going-public
Technical analysis
Daily time frame : https://www.tradingview.com/x/B9aqzsGZ/
If you check the price last 10 days, all you see is same price with random wicks! Where are we going? Who knows...
The lowest volume since we are making updates. The last 24h volume was under $9 billion!
We are still thinking that the drop more likely to happen then uptrend but that drop would target 6200-6300. Any other prediction would be more guessing so we will avoid guessing and try to update you and trade only after 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
Unconfirmed: US Regulators Could Approve Bakkt BTC Futures Launch in First Week of November
A party with “direct knowledge” from Bakkt reportedly told tech outlet The Block it could get the regulatory green light next week for its BTC futures.
It is October 27th, 2018
BTC dominance is currently at 53.6% (+0.1%). The total market cap is currently at $209.4 billion (+ $0.4 billion). The market volume of the last 24h was at $9.5 billion (+ 1.0 billion).
Fundamental analysis
Bitcoin’s Low Volatility Signals Bottoming as ‘Speculation Leaves,’ Bloomberg Analyst Says
https://cointelegraph.com/news/bitcoins-low-volatility-signals-bottoming-as-speculation-leaves-bloomberg-analyst-says
Technical analysis
Daily time frame : https://www.tradingview.com/x/6BghrqDQ/
Everything is still the same! More we are in this consolidation, more likely the bottom is already reached! This is the period of the market where price will cause traders to take break, forget about the losses (most of them made losses in this bear market) and once we get few very positive news that will trigger uptrend, old forces will be back but this time a lot of new ones will join. Once projects like BAKKT becomes reality, once market starts moving up, everyone will be back and new bull run will be at the beginning!
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 53.6% (+0.1%). The total market cap is currently at $209.4 billion (+ $0.4 billion). The market volume of the last 24h was at $9.5 billion (+ 1.0 billion).
Fundamental analysis
Bitcoin’s Low Volatility Signals Bottoming as ‘Speculation Leaves,’ Bloomberg Analyst Says
https://cointelegraph.com/news/bitcoins-low-volatility-signals-bottoming-as-speculation-leaves-bloomberg-analyst-says
Technical analysis
Daily time frame : https://www.tradingview.com/x/6BghrqDQ/
Everything is still the same! More we are in this consolidation, more likely the bottom is already reached! This is the period of the market where price will cause traders to take break, forget about the losses (most of them made losses in this bear market) and once we get few very positive news that will trigger uptrend, old forces will be back but this time a lot of new ones will join. Once projects like BAKKT becomes reality, once market starts moving up, everyone will be back and new bull run will be at the beginning!
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
Bitcoin’s Low Volatility Signals Bottoming as ‘Speculation Leaves,’ Bloomberg Analyst Says
Bloomberg’s market experts consider that Bitcoin’s low volatility levels signal the coin is finding a price bottom.