Forwarded from Future Crypto Experts - Paid Channel
For those who want to high risk, you can try with entry at current price and stop loss at 0.0715. It can offer you 1:5 risk reward 🙏
https://www.tradingview.com/x/9IWDfVvX
https://www.tradingview.com/x/9IWDfVvX
It is November 5th, 2018
BTC dominance is currently at 52.9% (- 0.5%). The total market cap is currently at $212.3 billion (+ $4.9 billion). The market volume of the last 23h was $14.7 billion (+ $3.9 billion).
Fundamental analysis
Bitcoin Cash Spikes 20 Percent in the Wake of Upcoming Hard Fork Backed by Binance
https://cointelegraph.com/news/bitcoin-cash-spikes-20-percent-in-the-wake-of-upcoming-hard-fork-backed-by-binance
As there is no too much interesting news, let's make an upadte for Bitcoin Cash instead of sharing some random news.
Yesterday update from paid channel: https://www.tradingview.com/x/v5JIxJBW/
New update: https://www.tradingview.com/x/SyMSxNhJ/
As you can see, there are that we supposed that will be at least short term resistnace confirmed its power and holding Bitcoin Cash below. We are thinking that this area is just short term support and that it could be easily broken but also what we expect is consolidation first and then new test of this area.
This uptrend is confirmation that is market becoming more healtier and that positive updates are affecting price. It is very good because mostly in downtrend, price is dropping even when we have some positive updates.
Technical analysis
Daily time frame : https://www.tradingview.com/x/n9GE5uD6/
After the streak of successful predictions, our last prediction went wrong. You will never be right 100% so it's okay to be wrong but we are trying to minimise our wrong predicitons.
Since price followed our predictions for couple of weeks, it is time to delete the old price setup and make new one. The area between red and upper green rectangle is the area where we think price will spend next 24-36h until it make continuation or reversal price pattern. We are still sitting aside and do not trading BTC and currently mainly focus on BCH because of its volatility because of hardfork. Price went up 20% since we entered so gain of 200% with leverage of 10x that we used is not a joke in this market. Honestly, the position was 80% closed on our targets and average gain is around 100% but again in bear market, it is quite good profit.
For Bitcoin Cash we are looking for consolidation and to enter for next up move.
For Bitcoin, we are waiting for some clear signs because it is still too slow and we think it will stay slow and unvolatile for couple of next weeks.
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 52.9% (- 0.5%). The total market cap is currently at $212.3 billion (+ $4.9 billion). The market volume of the last 23h was $14.7 billion (+ $3.9 billion).
Fundamental analysis
Bitcoin Cash Spikes 20 Percent in the Wake of Upcoming Hard Fork Backed by Binance
https://cointelegraph.com/news/bitcoin-cash-spikes-20-percent-in-the-wake-of-upcoming-hard-fork-backed-by-binance
As there is no too much interesting news, let's make an upadte for Bitcoin Cash instead of sharing some random news.
Yesterday update from paid channel: https://www.tradingview.com/x/v5JIxJBW/
New update: https://www.tradingview.com/x/SyMSxNhJ/
As you can see, there are that we supposed that will be at least short term resistnace confirmed its power and holding Bitcoin Cash below. We are thinking that this area is just short term support and that it could be easily broken but also what we expect is consolidation first and then new test of this area.
This uptrend is confirmation that is market becoming more healtier and that positive updates are affecting price. It is very good because mostly in downtrend, price is dropping even when we have some positive updates.
Technical analysis
Daily time frame : https://www.tradingview.com/x/n9GE5uD6/
After the streak of successful predictions, our last prediction went wrong. You will never be right 100% so it's okay to be wrong but we are trying to minimise our wrong predicitons.
Since price followed our predictions for couple of weeks, it is time to delete the old price setup and make new one. The area between red and upper green rectangle is the area where we think price will spend next 24-36h until it make continuation or reversal price pattern. We are still sitting aside and do not trading BTC and currently mainly focus on BCH because of its volatility because of hardfork. Price went up 20% since we entered so gain of 200% with leverage of 10x that we used is not a joke in this market. Honestly, the position was 80% closed on our targets and average gain is around 100% but again in bear market, it is quite good profit.
For Bitcoin Cash we are looking for consolidation and to enter for next up move.
For Bitcoin, we are waiting for some clear signs because it is still too slow and we think it will stay slow and unvolatile for couple of next weeks.
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 Cash Spikes 20 Percent in the Wake of Upcoming Hard Fork Backed by Binance
Bitcoin Cash has spiked 20 percent in the wake of an upcoming hard fork supported by now-second largest exchange Binance.
It is November 6th, 2018
BTC dominance is currently at 52.3% (-0.6%). The total market cap is currently at $212.9 billion (+ $0.6 billion). The market volume of the last 23h was $13.1 billion (- $1.6 billion).
Fundamental analysis
Bull Call: Novogratz Says Bitcoin Will See Record Highs in 2019
https://www.ccn.com/bull-call-novogratz-says-bitcoin-will-see-record-highs-in-2019/
Bitcoin Futures Volatility Hit Record Low in October: CBOE
https://www.ccn.com/bitcoin-futures-volatility-hit-record-low-in-october-cboe/
Crypto Exchange Bitstamp Aims to Get 1,250 Times Faster with Tech Upgrade
https://www.coindesk.com/crypto-exchange-bitstamp-aims-to-get-1250-times-faster-with-tech-upgrade/
Technical analysis
Daily time frame : https://www.tradingview.com/x/SgZK9ZtF/
Price is in our new channel between upper green and red area. We think price will spend at least next 36h until it creates reversal of continuation pattern. So far there is no signs of the potential outcome of that pattern but from this point we think 6500 has solid chances to be reached.
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 52.3% (-0.6%). The total market cap is currently at $212.9 billion (+ $0.6 billion). The market volume of the last 23h was $13.1 billion (- $1.6 billion).
Fundamental analysis
Bull Call: Novogratz Says Bitcoin Will See Record Highs in 2019
https://www.ccn.com/bull-call-novogratz-says-bitcoin-will-see-record-highs-in-2019/
Bitcoin Futures Volatility Hit Record Low in October: CBOE
https://www.ccn.com/bitcoin-futures-volatility-hit-record-low-in-october-cboe/
Crypto Exchange Bitstamp Aims to Get 1,250 Times Faster with Tech Upgrade
https://www.coindesk.com/crypto-exchange-bitstamp-aims-to-get-1250-times-faster-with-tech-upgrade/
Technical analysis
Daily time frame : https://www.tradingview.com/x/SgZK9ZtF/
Price is in our new channel between upper green and red area. We think price will spend at least next 36h until it creates reversal of continuation pattern. So far there is no signs of the potential outcome of that pattern but from this point we think 6500 has solid chances to be reached.
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.com
Bull Call: Novogratz Says Bitcoin Will See Record Highs in 2019
Mike Novogratz, the CEO of Galaxy Digital, predicts that bitcoin will break out of its 2018 slump and could soar to a record high in 2019.
One more successful trade for our paid members 💪
Winning streak is about to continue! BTC made great move by reaching 6568!
Winning streak is about to continue! BTC made great move by reaching 6568!
Forwarded from Future Crypto Experts - Paid Channel
https://www.tradingview.com/x/Foj1IXx0
Interested in long entry on BTC with entry point at 6405-6420, stop loss below 6380 and target around 6470.
As long as this 6410 area is holding, it is suggeste to think of longing BTC
Interested in long entry on BTC with entry point at 6405-6420, stop loss below 6380 and target around 6470.
As long as this 6410 area is holding, it is suggeste to think of longing BTC
It is November 7th, 2018
BTC dominance is currently at 51.5% (- 0.8%). The total market cap is at $220.1 billion (+ $7.2 billion). The market volume of the last 24h was $16.1 billion (+ $3.0 billion).
Fundamental analysis
Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin
https://cointelegraph.com/news/morgan-stanley-report-shows-strong-institutional-investment-for-bitcoin
The SEC Stops Accepting Public Comments on Bitcoin ETFs, Takes Time to Make Decision
https://cointelegraph.com/news/the-sec-stops-accepting-public-comments-on-bitcoin-etfs-takes-time-to-make-decision
Crypto Markets in The Green, XRP Sees Major Boost Briefly Overtaking ETH by Market Cap
https://cointelegraph.com/news/crypto-markets-in-the-green-xrp-sees-major-boost-briefly-overtaking-eth-by-market-cap
Technical analysis
Daily time frame : https://www.tradingview.com/x/pUdiLeza/
As you can see on our previous forwarded post from paid channel, we were bullish on Bitcoin and we were one more time right. Price went up reaching our target of 6470 and going all the way up to 6565. At the moment, the consolidation around 6500 and it will be interesting to see is there going to be one more wave up.
Considering alts rising in few last days, this was expected since people booked profit on major alts and one more reson beside the bullish TA was buy orders that was much bigger than sell ones.
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 51.5% (- 0.8%). The total market cap is at $220.1 billion (+ $7.2 billion). The market volume of the last 24h was $16.1 billion (+ $3.0 billion).
Fundamental analysis
Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin
https://cointelegraph.com/news/morgan-stanley-report-shows-strong-institutional-investment-for-bitcoin
The SEC Stops Accepting Public Comments on Bitcoin ETFs, Takes Time to Make Decision
https://cointelegraph.com/news/the-sec-stops-accepting-public-comments-on-bitcoin-etfs-takes-time-to-make-decision
Crypto Markets in The Green, XRP Sees Major Boost Briefly Overtaking ETH by Market Cap
https://cointelegraph.com/news/crypto-markets-in-the-green-xrp-sees-major-boost-briefly-overtaking-eth-by-market-cap
Technical analysis
Daily time frame : https://www.tradingview.com/x/pUdiLeza/
As you can see on our previous forwarded post from paid channel, we were bullish on Bitcoin and we were one more time right. Price went up reaching our target of 6470 and going all the way up to 6565. At the moment, the consolidation around 6500 and it will be interesting to see is there going to be one more wave up.
Considering alts rising in few last days, this was expected since people booked profit on major alts and one more reson beside the bullish TA was buy orders that was much bigger than sell ones.
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
Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin
Morgan Stanley’s report shows Bitcoin’s appeal to institutional investors as the market evolves.
It is November 8th, 2018
BTC dominance is currently at 52.1% (+0.6%). The total market cap is currently at $216.3 billion (- $3.8 billion). The market volume of the last 24h was $14.1 billion (- $2.0 billion).
Fundamental analysis
Bitcoin Mining Market Still Strong as Shown by Bitfury’s $1 Billion Valuation
https://www.ccn.com/bitcoin-mining-market-still-strong-as-shown-by-bitfurys-1-billion-valuation/
Ethereum Has Major Potential: Billionaire Ex-Google CEO Eric Schmidt
https://www.ccn.com/ethereum-has-major-potential-billionaire-ex-google-ceo-eric-schmidt/
Don’t Overestimate Bakkt’s Impact on the Crypto Market
https://www.ccn.com/lawyer-dont-overestimate-bakkts-impact-on-the-crypto-market/
Technical analysis
Daily time frame: https://www.tradingview.com/x/57rXOJTl/
Take closer attention to this red area. It was the area of interest in past and now if that turns into support it can lead price again to 6550 at least. This area will be better visible on lower time frames.
4h time frame: https://www.tradingview.com/x/EJdi0U9e/
As you can see, it as obviously the area of interest and if we consider that mid bollinger band h4 is very close, we expect from BTC to establish support around this area and revisit 6500 area one more time!
We are currently monitoring more BCH than BTC. As the hardfork is going to happen in 7 days, we think that this correction is very good opportunity to get some BCH before final rise and be ready for shorting once the hardfork is over.
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% (+0.6%). The total market cap is currently at $216.3 billion (- $3.8 billion). The market volume of the last 24h was $14.1 billion (- $2.0 billion).
Fundamental analysis
Bitcoin Mining Market Still Strong as Shown by Bitfury’s $1 Billion Valuation
https://www.ccn.com/bitcoin-mining-market-still-strong-as-shown-by-bitfurys-1-billion-valuation/
Ethereum Has Major Potential: Billionaire Ex-Google CEO Eric Schmidt
https://www.ccn.com/ethereum-has-major-potential-billionaire-ex-google-ceo-eric-schmidt/
Don’t Overestimate Bakkt’s Impact on the Crypto Market
https://www.ccn.com/lawyer-dont-overestimate-bakkts-impact-on-the-crypto-market/
Technical analysis
Daily time frame: https://www.tradingview.com/x/57rXOJTl/
Take closer attention to this red area. It was the area of interest in past and now if that turns into support it can lead price again to 6550 at least. This area will be better visible on lower time frames.
4h time frame: https://www.tradingview.com/x/EJdi0U9e/
As you can see, it as obviously the area of interest and if we consider that mid bollinger band h4 is very close, we expect from BTC to establish support around this area and revisit 6500 area one more time!
We are currently monitoring more BCH than BTC. As the hardfork is going to happen in 7 days, we think that this correction is very good opportunity to get some BCH before final rise and be ready for shorting once the hardfork is over.
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.com
Bitcoin Mining Market Still Strong as Shown by Bitfury's $1 Billion Valuation
This week, Bitcoin mining equipment manufacturer and blockchain software firm Bitfury secured a valuation of $1 billion from Mike Novogratz.
It is November 9th, 2018
BTC dominance is currently at 52.0% (-0.1%). The total market cap is currently at $214.9 billion (- $1.4 billion). The market volume of the last 24h was $13.8 billion (- $0.3 billion).
Fundamental analysis
China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally
https://www.btcnn.com/china-lifts-bitcoin-ban-individuals-and-businesses-can-now-own-cryptocurrencies-legally/
BTC Faces Bearish Reversal as Dollar Strengthens
https://www.ccn.com/bitcoin-analysis-btc-faces-bearish-reversal-as-dollar-strengthens/
Expect the SEC to Target More Token Exchanges After EtherDelta
https://www.coindesk.com/expect-the-sec-to-target-more-token-exchanges-after-etherdelta/
Technical analysis
Daily time frame : https://www.tradingview.com/x/MVYdR4cp/
New potential area is in front of BTC. This one is holding so far. The area is established by horizontal area os support and mid bollinger band.
Considering the fact that yesterday's candle engulfed the day before, it is not so bullish sign.
But we are still thinking this area is hold and offer us support.
H4 time frame : https://www.tradingview.com/x/osqhmvy3/
This time frame is showing very good this area where we think price will find support.
If not, then nothing is stopping BTC from entering 6.2k area again.
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 $214.9 billion (- $1.4 billion). The market volume of the last 24h was $13.8 billion (- $0.3 billion).
Fundamental analysis
China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally
https://www.btcnn.com/china-lifts-bitcoin-ban-individuals-and-businesses-can-now-own-cryptocurrencies-legally/
BTC Faces Bearish Reversal as Dollar Strengthens
https://www.ccn.com/bitcoin-analysis-btc-faces-bearish-reversal-as-dollar-strengthens/
Expect the SEC to Target More Token Exchanges After EtherDelta
https://www.coindesk.com/expect-the-sec-to-target-more-token-exchanges-after-etherdelta/
Technical analysis
Daily time frame : https://www.tradingview.com/x/MVYdR4cp/
New potential area is in front of BTC. This one is holding so far. The area is established by horizontal area os support and mid bollinger band.
Considering the fact that yesterday's candle engulfed the day before, it is not so bullish sign.
But we are still thinking this area is hold and offer us support.
H4 time frame : https://www.tradingview.com/x/osqhmvy3/
This time frame is showing very good this area where we think price will find support.
If not, then nothing is stopping BTC from entering 6.2k area again.
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!
It is November 10th, 2018
BTC dominance is currently at 52.4% (+0.4%). The total market cap is currently at $212.5 billion (- $2.4 billion). The market volume of the last 24h was $12.8 billion (- $1.0 billion).
Fundamental analysis
Bitcoin ETF Could Attract Billions in New Investment: VanEck
https://www.ccn.com/bitcoin-etf-could-attract-billions-in-new-investment-vaneck/
For Bitfinex Users, Dollar Withdrawals Are Now a Weeks-Long Struggle
https://www.coindesk.com/for-bitfinex-users-dollar-withdrawals-are-now-a-weeks-long-struggle/
Who Created Bitcoin? Early Developer Jeff Garzik Gives His Best Guess
https://www.ccn.com/who-created-bitcoin-early-developer-jeff-garzik-gives-his-best-guess/
Technical analysis
Daily time frame : https://www.tradingview.com/x/0gPA4bbT/
BTC broke potential support area and currently is at $6340. From these point, we may go to test low bollinger band at $6265 or we can see pullback to $6390.
Further uptrend is not likely to happen since it dropped below 0.618 fibonacci and now most likely price will calm down and enter one more boring, low volatille period.
In general, one more try by bulls is rejected and confirmed that the accumulation is still active and that both groups are in control.
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 $212.5 billion (- $2.4 billion). The market volume of the last 24h was $12.8 billion (- $1.0 billion).
Fundamental analysis
Bitcoin ETF Could Attract Billions in New Investment: VanEck
https://www.ccn.com/bitcoin-etf-could-attract-billions-in-new-investment-vaneck/
For Bitfinex Users, Dollar Withdrawals Are Now a Weeks-Long Struggle
https://www.coindesk.com/for-bitfinex-users-dollar-withdrawals-are-now-a-weeks-long-struggle/
Who Created Bitcoin? Early Developer Jeff Garzik Gives His Best Guess
https://www.ccn.com/who-created-bitcoin-early-developer-jeff-garzik-gives-his-best-guess/
Technical analysis
Daily time frame : https://www.tradingview.com/x/0gPA4bbT/
BTC broke potential support area and currently is at $6340. From these point, we may go to test low bollinger band at $6265 or we can see pullback to $6390.
Further uptrend is not likely to happen since it dropped below 0.618 fibonacci and now most likely price will calm down and enter one more boring, low volatille period.
In general, one more try by bulls is rejected and confirmed that the accumulation is still active and that both groups are in control.
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.com
Bitcoin ETF Could Attract Billions in New Investment: VanEck
The Securities and Exchange Commission (SEC) should treat bitcoin ETF proposals as an opportunity to regulate the crypto market, said a VanEck exec.
It is November 11th, 2018
BTC dominance is currently at 52.3% (-0.1%). The total market cap is currently at $212.6 billion (+ $0.1 billion). The market volume of the last 24h was $11.3 billion (- $1.5 billion).
Fundamental analysis
How to Prepare for Next Week’s Bitcoin Cash Hard Fork
https://www.ccn.com/how-to-prepare-for-next-weeks-bitcoin-cash-hard-fork/
$20 Trillion US Debt Will Inevitably Lead to Big Crypto Boom: Prominent Investors
https://www.ccn.com/20-trillion-us-debt-will-inevitably-lead-to-big-crypto-boom-prominent-investors/
Technical analysis
Daily time frame : https://www.tradingview.com/x/9LaFUMtt/
H4 time frame : https://www.tradingview.com/x/x9TEGred/
After looking at these 2 charts, we may face with resistance around 6370-6390 that will lead us down to 6300 price level.
Today is weekly close and we need to pay attention to that too. Close below 6350 would be bearish. Close above 6390 would be neutral.
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 52.3% (-0.1%). The total market cap is currently at $212.6 billion (+ $0.1 billion). The market volume of the last 24h was $11.3 billion (- $1.5 billion).
Fundamental analysis
How to Prepare for Next Week’s Bitcoin Cash Hard Fork
https://www.ccn.com/how-to-prepare-for-next-weeks-bitcoin-cash-hard-fork/
$20 Trillion US Debt Will Inevitably Lead to Big Crypto Boom: Prominent Investors
https://www.ccn.com/20-trillion-us-debt-will-inevitably-lead-to-big-crypto-boom-prominent-investors/
Technical analysis
Daily time frame : https://www.tradingview.com/x/9LaFUMtt/
H4 time frame : https://www.tradingview.com/x/x9TEGred/
After looking at these 2 charts, we may face with resistance around 6370-6390 that will lead us down to 6300 price level.
Today is weekly close and we need to pay attention to that too. Close below 6350 would be bearish. Close above 6390 would be neutral.
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!
It is November 12th, 2018
BTC dominance is currently at 52.4% (+0.1%). The total market cap is currently at $212.8 billion (+ $0.2 billion). The market volume of the last 24h was $12.5 billion (+ $1.2 billion).
Fundamental analysis
**Binance CEO: Market Still in Good Position — Real Crypto Volume 2x Larger Than Reported Stats
**
https://www.ccn.com/binance-ceo-market-still-in-good-position-real-crypto-volume-2x-larger-than-reported-stats/
As there is no significant news today, we would take the opportunity and talk about volume and market cap a little bit. What you see on media like coinmarketcap.com and similar should be used only as reference not as 100% truth. As long as they have opportunity, they will fake time to time some information. Most people do not realise what the market cap is. If the market cap of the coin is $1 billion, it doesn't mean that there is $1 billion invested in that coin. Most likely it is much lower because market cap is last trade price * circulating supply. So, if I build my own coin with 1 trillion coin supply, and I own everything and decide to sell 1 coin to my friend, it means that market cap of that coin will be $1 trillion because the last price was $1 and the supply is 1 trillion. Now, it is very clear that there is no $1 trillion invested in that coin.
So, using coinmarketcap.com for example won't give you 100% true results but at least it will always give you results with almost the same mistake so you can analyze that reference.
So, for example Ripple. Some will say it can't reach $100 because it has huge supply and it needs soo much money to be invested and bla bla bla. It can reach $100 if there will be enough reason for that price to be reached because it doesn't need all that money but needs huge hype and reason to go to that price.
I am personally not holding ripple but when I see someone talking about market cap and mention that ripple can't make it, well you are wrong. It can reach $10 trillion market cap with less than $1 trillion real money because that's how it works and every $1 in market cap is not backed by 1 USD so stop using market cap as example why some coin can't make it.
Technical analysis
Daily time frame : https://www.tradingview.com/x/tIkxqgJ4/
As we said yesterday, price faced with resistance around 6370 and dropped all the way down to 6250 and few hours later bounced off to test 6370-6390 resistance one more time and got rejected one more time.
At this moment, daily time frame is very unpredictable and we will not share any prediction today because it is very hard to predict next move. Based on weekly close, we give more chance for downtrend but we will short only when D1 and H4 confirm downtrend momentum.
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% (+0.1%). The total market cap is currently at $212.8 billion (+ $0.2 billion). The market volume of the last 24h was $12.5 billion (+ $1.2 billion).
Fundamental analysis
**Binance CEO: Market Still in Good Position — Real Crypto Volume 2x Larger Than Reported Stats
**
https://www.ccn.com/binance-ceo-market-still-in-good-position-real-crypto-volume-2x-larger-than-reported-stats/
As there is no significant news today, we would take the opportunity and talk about volume and market cap a little bit. What you see on media like coinmarketcap.com and similar should be used only as reference not as 100% truth. As long as they have opportunity, they will fake time to time some information. Most people do not realise what the market cap is. If the market cap of the coin is $1 billion, it doesn't mean that there is $1 billion invested in that coin. Most likely it is much lower because market cap is last trade price * circulating supply. So, if I build my own coin with 1 trillion coin supply, and I own everything and decide to sell 1 coin to my friend, it means that market cap of that coin will be $1 trillion because the last price was $1 and the supply is 1 trillion. Now, it is very clear that there is no $1 trillion invested in that coin.
So, using coinmarketcap.com for example won't give you 100% true results but at least it will always give you results with almost the same mistake so you can analyze that reference.
So, for example Ripple. Some will say it can't reach $100 because it has huge supply and it needs soo much money to be invested and bla bla bla. It can reach $100 if there will be enough reason for that price to be reached because it doesn't need all that money but needs huge hype and reason to go to that price.
I am personally not holding ripple but when I see someone talking about market cap and mention that ripple can't make it, well you are wrong. It can reach $10 trillion market cap with less than $1 trillion real money because that's how it works and every $1 in market cap is not backed by 1 USD so stop using market cap as example why some coin can't make it.
Technical analysis
Daily time frame : https://www.tradingview.com/x/tIkxqgJ4/
As we said yesterday, price faced with resistance around 6370 and dropped all the way down to 6250 and few hours later bounced off to test 6370-6390 resistance one more time and got rejected one more time.
At this moment, daily time frame is very unpredictable and we will not share any prediction today because it is very hard to predict next move. Based on weekly close, we give more chance for downtrend but we will short only when D1 and H4 confirm downtrend momentum.
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.com
Binance CEO: Market Still in Good Position; Real Crypto Volume 2x Larger
In an interview on CNBC Crypto Trader, Binance CEO Changpeng Zhao (CZ) stated that the crypto market and Binance are still in a good position.
It is November 13th, 2018
BTC dominance is currently at 52.4% (+0.0%). The total market cap is currently at $211.0 billion (- $1.8 billion). The market volume of the last 24h was $13.1 billion (+ $0.6 billion).
Fundamental analysis
Bitcoin Cash Developers Debate an Idea Called Pre-Consensus
https://news.bitcoin.com/bitcoin-cash-developers-debate-an-idea-called-pre-consensus/
Why Traders Should Chart the Entire Crypto Market Cap
https://www.coindesk.com/why-traders-should-chart-the-entire-crypto-market-cap
Technical analysis
Daily time frame : https://www.tradingview.com/x/ZlOhAMQV/
Bitcoin is approaching one more time 6.2k area and one more time it is rejected from low bollinger band. If this daily candle closes above 6320, it will be very good sign and we may see upward momentum to 6400 at least.
Currently not in a position. We are waiting for nice trigger and confirmation to enter the 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 52.4% (+0.0%). The total market cap is currently at $211.0 billion (- $1.8 billion). The market volume of the last 24h was $13.1 billion (+ $0.6 billion).
Fundamental analysis
Bitcoin Cash Developers Debate an Idea Called Pre-Consensus
https://news.bitcoin.com/bitcoin-cash-developers-debate-an-idea-called-pre-consensus/
Why Traders Should Chart the Entire Crypto Market Cap
https://www.coindesk.com/why-traders-should-chart-the-entire-crypto-market-cap
Technical analysis
Daily time frame : https://www.tradingview.com/x/ZlOhAMQV/
Bitcoin is approaching one more time 6.2k area and one more time it is rejected from low bollinger band. If this daily candle closes above 6320, it will be very good sign and we may see upward momentum to 6400 at least.
Currently not in a position. We are waiting for nice trigger and confirmation to enter the 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!
Bitcoin News
Bitcoin Cash Developers Debate an Idea Called Pre-Consensus
This past Thursday, the lead developer of Bitcoin ABC, Amaury Séchet, published a paper about a protocol technique called pre-consensus.
🚨Bitcoin Cash Upcoming Fork🍴
For anyone operating in the crypto space, Bitcoin cash has dominated conversations of late due to its upcoming, scheduled protocol upgrade. Bitcoin cash has undergone multiple, scheduled upgrades in its 1-year lifespan to improve its functionality. Up until now, this has been a useful process to correct certain aspects of the underlying blockchain technology.
🗞 That has changed with the most recent update that is scheduled to occur on November 15th: https://news.bitcoin.com/bitcoin-cash-developers-debate-an-idea-called-pre-consensus/
☝️The difference between this protocol upgrade and past upgrades is the division in the Bitcoin Cash community.
Historically, these upgrades have been agreed upon by the major mining pools and noteworthy members of the Bitcoin Cash community. In this circumstance, two seperate camps have been created as the $BCH community has now split its support roughly in half so that both blockchains will have hash power at their disposal, where historically the chain without the upgrade has died to due to a complete loss of hash power📉
The two camps, surrounding the upcoming fork, are Bitcoin ABC (supported by Bitmain and Roger Ver) and Bitcoin SV (Satoshi Vision supported by Craig Wright and Coin Geek, the largest $BCH mining pool).
After November 15th, both of these blockchains will have hash power contributed to them by the group of miners formally mining the recognized $BCH blockchain.
⚫️ Bitcoin ABC, who at this point seems to have more user support, is looking to upgrade its code by to make atomic swaps easier to execute but will not upgrade the blocksize at this time past 32 MB.
⚫️ Bitcoin Cash SV is attempting to upgrade its block size from 32 MB to 128 MB in the hopes of preventing future congestion of the blockchain. Some argue this is an unnecessary adjustment but it is the technical decision that has caused the rift in the $BCH community.
So what does this all mean🤔
At this point and time, Coinbase, Binance, Bitfinex, and other major exchanges are supporting the upcoming $BCH hard fork on the 15th of November to Bitcoin ABC. If you are holding $BCH on any of these exchanges or in a $BCH wallet then you will receive a 1:1 amount of Bitcoin ABC moving forward.
📊This creation of cryptocurrency initially led to a strong rally in the price of $BCH as investors were excited to earn another crypto just for holding one as prominent as Bitcoin Cash. This buying frenzy has worn off as investor speculation has seemingly turned negative.
Maybe the hype for this fork has concluded as indecision has started to affect the overall sentiment of the Bitcoin cash community.
🚨HOW WE’RE PLAYING IT…
Our team was planning on building a SHORT $BCH position within 24-48 hours of the fork occurring but due to the rapid sell-off, we will reevaluate our stance as the fork draws closer.
We don’t want to short here as the market brought sell pressure early and we expect to see another small rally. The risk/reward on a long, however, isn’t ideal, so we’re not taking it.
👉We will build SHORT positions around .090 SAT📉
Our gut feeling towards the fork has us leaning with the Bitcoin Cash ABC team due to the technical uncertainties regarding the block size increase of Bitcoin Cash SV. Also Craig Wright has been a questionable figure in the space due to his outlandish and often times irrational statements.
We will continue to form a cohesive plan regarding the fork over the course of the next few days and will keep you posted if we decide to follow-through on any trading or investing decisions regarding the upcoming fork.
copied post
For anyone operating in the crypto space, Bitcoin cash has dominated conversations of late due to its upcoming, scheduled protocol upgrade. Bitcoin cash has undergone multiple, scheduled upgrades in its 1-year lifespan to improve its functionality. Up until now, this has been a useful process to correct certain aspects of the underlying blockchain technology.
🗞 That has changed with the most recent update that is scheduled to occur on November 15th: https://news.bitcoin.com/bitcoin-cash-developers-debate-an-idea-called-pre-consensus/
☝️The difference between this protocol upgrade and past upgrades is the division in the Bitcoin Cash community.
Historically, these upgrades have been agreed upon by the major mining pools and noteworthy members of the Bitcoin Cash community. In this circumstance, two seperate camps have been created as the $BCH community has now split its support roughly in half so that both blockchains will have hash power at their disposal, where historically the chain without the upgrade has died to due to a complete loss of hash power📉
The two camps, surrounding the upcoming fork, are Bitcoin ABC (supported by Bitmain and Roger Ver) and Bitcoin SV (Satoshi Vision supported by Craig Wright and Coin Geek, the largest $BCH mining pool).
After November 15th, both of these blockchains will have hash power contributed to them by the group of miners formally mining the recognized $BCH blockchain.
⚫️ Bitcoin ABC, who at this point seems to have more user support, is looking to upgrade its code by to make atomic swaps easier to execute but will not upgrade the blocksize at this time past 32 MB.
⚫️ Bitcoin Cash SV is attempting to upgrade its block size from 32 MB to 128 MB in the hopes of preventing future congestion of the blockchain. Some argue this is an unnecessary adjustment but it is the technical decision that has caused the rift in the $BCH community.
So what does this all mean🤔
At this point and time, Coinbase, Binance, Bitfinex, and other major exchanges are supporting the upcoming $BCH hard fork on the 15th of November to Bitcoin ABC. If you are holding $BCH on any of these exchanges or in a $BCH wallet then you will receive a 1:1 amount of Bitcoin ABC moving forward.
📊This creation of cryptocurrency initially led to a strong rally in the price of $BCH as investors were excited to earn another crypto just for holding one as prominent as Bitcoin Cash. This buying frenzy has worn off as investor speculation has seemingly turned negative.
Maybe the hype for this fork has concluded as indecision has started to affect the overall sentiment of the Bitcoin cash community.
🚨HOW WE’RE PLAYING IT…
Our team was planning on building a SHORT $BCH position within 24-48 hours of the fork occurring but due to the rapid sell-off, we will reevaluate our stance as the fork draws closer.
We don’t want to short here as the market brought sell pressure early and we expect to see another small rally. The risk/reward on a long, however, isn’t ideal, so we’re not taking it.
👉We will build SHORT positions around .090 SAT📉
Our gut feeling towards the fork has us leaning with the Bitcoin Cash ABC team due to the technical uncertainties regarding the block size increase of Bitcoin Cash SV. Also Craig Wright has been a questionable figure in the space due to his outlandish and often times irrational statements.
We will continue to form a cohesive plan regarding the fork over the course of the next few days and will keep you posted if we decide to follow-through on any trading or investing decisions regarding the upcoming fork.
copied post
Bitcoin News
Bitcoin Cash Developers Debate an Idea Called Pre-Consensus
This past Thursday, the lead developer of Bitcoin ABC, Amaury Séchet, published a paper about a protocol technique called pre-consensus.
It is November 14th, 2018
BTC dominance is currently at 52.6% (+0.2%). The total market cap is currently at $209.9 billion (- $1.1 billion). The market volume of the last 24h was $13.2 billion (+ $0.1 billion).
Fundamental analysis
Japan’s Banking Giant MUFG Signs MoU to Develop Ripple-Based Remittances to Brazil
https://cointelegraph.com/news/japans-banking-giant-mufg-signs-mou-to-develop-ripple-based-remittances-to-brazil
North Korea Hacked Crypto Exchanges and Ran ICOs to Fund Regime
https://www.ccn.com/north-korea-hacked-crypto-exchanges-and-ran-icos-to-fund-regime-report/
Bitcoin Price Decline Will Persist until Mid-2019: Crypto Analyst Willy Woo
https://www.ccn.com/bitcoin-price-decline-will-persist-until-mid-2019-crypto-analyst-willy-woo/
Technical analysis
Daily time frame : https://www.tradingview.com/x/XhM2E5KV/
Daily time frame is again indicating indecision. It is too close to potential support area but last daily was too bearish to consider longing in this area.
If we zoom out and check wider photo, price is still in range. If you remember our post from November 1st where we shared our opinion that November wont offer us some major moves. It is almost the half of the month behind us and major moves didn't happen.
To be honest, it is a little bit more active than in October and it is very positive but no signs of major moves below 6k or above 7k.
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 52.6% (+0.2%). The total market cap is currently at $209.9 billion (- $1.1 billion). The market volume of the last 24h was $13.2 billion (+ $0.1 billion).
Fundamental analysis
Japan’s Banking Giant MUFG Signs MoU to Develop Ripple-Based Remittances to Brazil
https://cointelegraph.com/news/japans-banking-giant-mufg-signs-mou-to-develop-ripple-based-remittances-to-brazil
North Korea Hacked Crypto Exchanges and Ran ICOs to Fund Regime
https://www.ccn.com/north-korea-hacked-crypto-exchanges-and-ran-icos-to-fund-regime-report/
Bitcoin Price Decline Will Persist until Mid-2019: Crypto Analyst Willy Woo
https://www.ccn.com/bitcoin-price-decline-will-persist-until-mid-2019-crypto-analyst-willy-woo/
Technical analysis
Daily time frame : https://www.tradingview.com/x/XhM2E5KV/
Daily time frame is again indicating indecision. It is too close to potential support area but last daily was too bearish to consider longing in this area.
If we zoom out and check wider photo, price is still in range. If you remember our post from November 1st where we shared our opinion that November wont offer us some major moves. It is almost the half of the month behind us and major moves didn't happen.
To be honest, it is a little bit more active than in October and it is very positive but no signs of major moves below 6k or above 7k.
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
Japan’s Banking Giant MUFG Signs MoU to Develop Ripple-Based Remittances to Brazil
Japan and Brazil are the target of a new cryptocurrency-based remittance service based on Ripple.
It is November 15th, 2018
BTC dominance is currently at 53.2% (+0.6%). The total market cap is currently at $184.5 billion (- $25.5 billion). The market volume of the last 24h was $24.0 billion (+ $10.8 billion).
Fundamental analysis
Markets See Massive Sell-Off, Bitcoin Dips Below $5,600 for the First Time in 2018
https://cointelegraph.com/news/markets-see-massive-selloff-bitcoin-dips-below-5-600-for-the-first-time-in-2018
Will Crypto Miners Abandon Craig Wright’s Bitcoin Cash Fork?
https://www.ccn.com/op-ed-will-crypto-miners-abandon-craig-wrights-bitcoin-cash-fork/
Buy or Sell? What Traders Think About Tomorrow’s Bitcoin Cash Fork
https://www.coindesk.com/buy-or-sell-what-traders-think-about-tomorrows-bitcoin-cash-fork
Technical analysis
Daily time frame : https://www.tradingview.com/x/7jJZyKBa/
Where next?
Is there anyone who knows where the price is going to head next?
This could be very important point in crypto history. A lot of rumors about minning war ands that is not good at all. Miners should be compact and work on securing our network not trying to compete with each others.
In our opinion, what ever happens, it will affect price but only in short term because even if some miner giants stop mining some major coins, there will be other that will take their places. I can only suggest is to stay safe and avoid Bitmex. Loses for holders can be recovered but Bitmex could cause huge spikes that will burn out your accounts if you are wrong so do not risk more than you are capable of losing!
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 53.2% (+0.6%). The total market cap is currently at $184.5 billion (- $25.5 billion). The market volume of the last 24h was $24.0 billion (+ $10.8 billion).
Fundamental analysis
Markets See Massive Sell-Off, Bitcoin Dips Below $5,600 for the First Time in 2018
https://cointelegraph.com/news/markets-see-massive-selloff-bitcoin-dips-below-5-600-for-the-first-time-in-2018
Will Crypto Miners Abandon Craig Wright’s Bitcoin Cash Fork?
https://www.ccn.com/op-ed-will-crypto-miners-abandon-craig-wrights-bitcoin-cash-fork/
Buy or Sell? What Traders Think About Tomorrow’s Bitcoin Cash Fork
https://www.coindesk.com/buy-or-sell-what-traders-think-about-tomorrows-bitcoin-cash-fork
Technical analysis
Daily time frame : https://www.tradingview.com/x/7jJZyKBa/
Where next?
Is there anyone who knows where the price is going to head next?
This could be very important point in crypto history. A lot of rumors about minning war ands that is not good at all. Miners should be compact and work on securing our network not trying to compete with each others.
In our opinion, what ever happens, it will affect price but only in short term because even if some miner giants stop mining some major coins, there will be other that will take their places. I can only suggest is to stay safe and avoid Bitmex. Loses for holders can be recovered but Bitmex could cause huge spikes that will burn out your accounts if you are wrong so do not risk more than you are capable of losing!
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
Markets See Massive Sell-Off, Bitcoin Dips Below $5,600 for the First Time in 2018
Top coins are seeing major losses across the board, with Bitcoin dipping below $5,600, hitting its lowest price point in 2018.
As the main Bitcoin support is broken, most of you are curious where is the next potential support?
Here is the weekly BTC chart: https://www.tradingview.com/x/achpye4f/
If price closes this weekly candle below first red line (support at 5846), we do not have major support before 2nd red line (potential support at 4624).
What is scary is the fact that liquidity is extremely low on exchanges like Bitmex. It means that we do not need huge volume to see further decline. Even with average volume of first drop we may see further decline because there is no potentail buyers.
One more fact is that upside liquidity is low too. There is no people that are willing to short. It means that in case some potential positive news about main problem ( Hash War ) could cause sudden buying activity that would pump price back to 6k+
Why did drop happen?
One of the strongest mining entities, Bitmain doesn't want to let CSV ( Satoshi Vision of Bitcoin Cash) to overtake Bitcoin Cash ABC and we are currently in hash war. What does it mean?
Firstly, you need basic knowledge about blockchain. The largest chain is actually the valid one. So, once hard fork occurs, the new coin with higher mining power is creating more blocks and it means it becomes larger chain. It means that chain is valid over the second chain.
Now, Bitmain, one of the largest crypto mining company that is owning BTC.COM and AntPool and that is main shareholder of ViaBTC doesn't want to leat Bitcoin Cash SV to overtake Bitcoin ABC. If you do not know, Bitcoin Cash ABC and Bitcoin Cash SV are forked coins from Bitcoin cash.
Bitmain is willing to take part of their hasing power from Bitcoin mining pool to move to Bitcoin Cash ABC mining pool in order to beat Bitcoin Cash SV. As the Bitmain is the main mining company in Bitcoin mining, they are ready to decrease their part in Bitcoin mining in order to win this war. It would cause Bitcoin transactions to slow down, transaction fees would increase from 20% up to 30% and block size would decrease from 1 MB to 0.6 MB.
This could create huge drop in Bitcoin price but we think it will be only short term event and these are 2 main reasons.
Bitmain again, has huge hash power waiting on the side. This mining machines are not working yet and it is not small part but huge. So, if they move part of they active mining power to Bitcoin cash ABC, they could easilt turn on these inactive machines and become the biggest in Bitcoin again and everything would be stable again.
Another reason is that Bitmain is willing to go online and they are thinking about IPO. If they causew drop in Bitcoin price by mining manipulation, they could be sued by investors and other mining pools and it would cause IPO to be postponed or even canceled and we think that is something they do not want.
So, mining war is between Bitcoin Cash ABC and Bitcoin Cash SV, two new forked coins of Bitcoin cash. The war is not between real Bitcoin that is worth currently $5500 but between 2 Bitcoin Cash forks.
It could affect Bitcoin price because part of Bitcoin mining hash power could be moved to Bitcoin Cash ABC in order to beat Bitcoin Cash SV. So, potential decrease in Bitcoin hash power is main reason why investors are scared.
But good news that Bitmain has huge inactive mining power that could be activated very soon and they can get the Bitcoin hash power to normal and everything would be in normal again. So, thats why we suggest members 2 things. Avoid margin trading because even spikes to 4k could happen but also all the way up to 7k because there is no liquidity and price can move very fast. Another suggestion is not to panic because this could last few weeks and everything would be back to normal and it probably include price to normal.
Here is the weekly BTC chart: https://www.tradingview.com/x/achpye4f/
If price closes this weekly candle below first red line (support at 5846), we do not have major support before 2nd red line (potential support at 4624).
What is scary is the fact that liquidity is extremely low on exchanges like Bitmex. It means that we do not need huge volume to see further decline. Even with average volume of first drop we may see further decline because there is no potentail buyers.
One more fact is that upside liquidity is low too. There is no people that are willing to short. It means that in case some potential positive news about main problem ( Hash War ) could cause sudden buying activity that would pump price back to 6k+
Why did drop happen?
One of the strongest mining entities, Bitmain doesn't want to let CSV ( Satoshi Vision of Bitcoin Cash) to overtake Bitcoin Cash ABC and we are currently in hash war. What does it mean?
Firstly, you need basic knowledge about blockchain. The largest chain is actually the valid one. So, once hard fork occurs, the new coin with higher mining power is creating more blocks and it means it becomes larger chain. It means that chain is valid over the second chain.
Now, Bitmain, one of the largest crypto mining company that is owning BTC.COM and AntPool and that is main shareholder of ViaBTC doesn't want to leat Bitcoin Cash SV to overtake Bitcoin ABC. If you do not know, Bitcoin Cash ABC and Bitcoin Cash SV are forked coins from Bitcoin cash.
Bitmain is willing to take part of their hasing power from Bitcoin mining pool to move to Bitcoin Cash ABC mining pool in order to beat Bitcoin Cash SV. As the Bitmain is the main mining company in Bitcoin mining, they are ready to decrease their part in Bitcoin mining in order to win this war. It would cause Bitcoin transactions to slow down, transaction fees would increase from 20% up to 30% and block size would decrease from 1 MB to 0.6 MB.
This could create huge drop in Bitcoin price but we think it will be only short term event and these are 2 main reasons.
Bitmain again, has huge hash power waiting on the side. This mining machines are not working yet and it is not small part but huge. So, if they move part of they active mining power to Bitcoin cash ABC, they could easilt turn on these inactive machines and become the biggest in Bitcoin again and everything would be stable again.
Another reason is that Bitmain is willing to go online and they are thinking about IPO. If they causew drop in Bitcoin price by mining manipulation, they could be sued by investors and other mining pools and it would cause IPO to be postponed or even canceled and we think that is something they do not want.
So, mining war is between Bitcoin Cash ABC and Bitcoin Cash SV, two new forked coins of Bitcoin cash. The war is not between real Bitcoin that is worth currently $5500 but between 2 Bitcoin Cash forks.
It could affect Bitcoin price because part of Bitcoin mining hash power could be moved to Bitcoin Cash ABC in order to beat Bitcoin Cash SV. So, potential decrease in Bitcoin hash power is main reason why investors are scared.
But good news that Bitmain has huge inactive mining power that could be activated very soon and they can get the Bitcoin hash power to normal and everything would be in normal again. So, thats why we suggest members 2 things. Avoid margin trading because even spikes to 4k could happen but also all the way up to 7k because there is no liquidity and price can move very fast. Another suggestion is not to panic because this could last few weeks and everything would be back to normal and it probably include price to normal.
Our opinion on Bitcoin Cash ABC and Bitcoin Cash SV is that it is nonsense. Bitcoin Cash community was already quite low in comparison to Bitcoin and now once it is splitted into 2 new chains, it would cause split in price and support so our opinion is that this wont happen any of these coins. The potential mining war could cause the death of one of them because defeated chain would probably die and winning one will continue its way to achieve its targets.
The hash war would affect both of these entities. It is just ego and nothing else. This is how rich people are playing with their money. Both of them are multibillionaire companies. Bitcoin is great change in future of money but it didn't exclude power of the minority. Cryprocurrencies are future but it is question if Bitcoin is future. It didn't achieve its main goal to be decentralized. If 2 entities can play with their money and affect all of us, it is best example of centralization.
We hope you got enough information to create hour own opinion. Avoid margin trading and calm down and think twice before doing anything!
To your success, CS Team!
https://news.1rj.ru/str/CryptoExpertSignals
The hash war would affect both of these entities. It is just ego and nothing else. This is how rich people are playing with their money. Both of them are multibillionaire companies. Bitcoin is great change in future of money but it didn't exclude power of the minority. Cryprocurrencies are future but it is question if Bitcoin is future. It didn't achieve its main goal to be decentralized. If 2 entities can play with their money and affect all of us, it is best example of centralization.
We hope you got enough information to create hour own opinion. Avoid margin trading and calm down and think twice before doing anything!
To your success, CS Team!
https://news.1rj.ru/str/CryptoExpertSignals
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Crypto Signals
The main goal of this channel is to share an unbiased opinion on the crypto market from a technical and fundamental point of view.
If you like our work, you can support us by sharing our channel with your friends.
Link: https://news.1rj.ru/str/CryptoExpertSignals
If you like our work, you can support us by sharing our channel with your friends.
Link: https://news.1rj.ru/str/CryptoExpertSignals
It is November 16th, 2018
BTC dominance is currently 52.8% (-0.4%). The total market cap is currently at $184.4 billion (- $0.1 billion). The market volume of the last 24h was $19.4 billion (- $4.6 billion).
Brian Kelly: Bitcoin Price Decline Will be a Short-Term Event
https://www.ccn.com/brian-kelly-bitcoin-price-decline-will-be-a-short-term-event/
Crypto Market Recovers, But Could Bitcoin Price Fall to $4,800?
https://www.ccn.com/crypto-market-recovers-but-could-bitcoin-price-fall-to-4800/
**
Hours After Bitcoin Cash Network Update Begins, Bitcoin ABC Over 10 Blocks Ahead**
https://cointelegraph.com/news/hours-after-bitcoin-cash-network-update-begins-bitcoin-abc-over-10-blocks-ahead
Technical analysis
Daily time frame : https://www.tradingview.com/x/YNooQX8w/
After 2 days of huge moves, looks like Bitcoin is calming down. The weekend is coming and very important days. It would be very good to see BTC back above 5800 to close around support this week. Otherwise it would us to at least few weeks below 6k.
We are currently scalping the market because it offers a lot of potential but we are trying to be as fast as possible because we do not want to expose our money to this wild west.
Weekly close would give us much more answers so we are waiting for that
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 52.8% (-0.4%). The total market cap is currently at $184.4 billion (- $0.1 billion). The market volume of the last 24h was $19.4 billion (- $4.6 billion).
Brian Kelly: Bitcoin Price Decline Will be a Short-Term Event
https://www.ccn.com/brian-kelly-bitcoin-price-decline-will-be-a-short-term-event/
Crypto Market Recovers, But Could Bitcoin Price Fall to $4,800?
https://www.ccn.com/crypto-market-recovers-but-could-bitcoin-price-fall-to-4800/
**
Hours After Bitcoin Cash Network Update Begins, Bitcoin ABC Over 10 Blocks Ahead**
https://cointelegraph.com/news/hours-after-bitcoin-cash-network-update-begins-bitcoin-abc-over-10-blocks-ahead
Technical analysis
Daily time frame : https://www.tradingview.com/x/YNooQX8w/
After 2 days of huge moves, looks like Bitcoin is calming down. The weekend is coming and very important days. It would be very good to see BTC back above 5800 to close around support this week. Otherwise it would us to at least few weeks below 6k.
We are currently scalping the market because it offers a lot of potential but we are trying to be as fast as possible because we do not want to expose our money to this wild west.
Weekly close would give us much more answers so we are waiting for that
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
Brian Kelly: Bitcoin Price Decline Will be a Short-Term Event
For the first time in three months, Bitcoin initiated its first major move. BTC plunged by more than 11 percent, engaging an intense sell-off.
It is November 17th, 2018
BTC dominance is currently at 53.0% (+0.2%). The total market cap is currently at $182.9 billion (- $1.5 billion). The market volume of the last 24h was $15.3 billion (- $4.1 billion).
Fundamental analysis
51% Attack? Bitcoin Wins Ron Paul Investor Poll [Again]
https://www.ccn.com/51-attack-bitcoin-wins-ron-paul-investor-poll-again/
How to Recover Your Wallet if Your Private Keys Are Lost
https://cointelegraph.com/news/how-to-recover-your-wallet-if-your-private-keys-are-lost
Bitcoin Charts Suggest Price Bounce May Be Coming
https://www.coindesk.com/bitcoin-price-pattern-suggests-a-bounce-may-be-coming
Technical analysis
Hourly time frame : https://www.tradingview.com/x/OrVHqkQo/
We decided to use hourly time frame in this update because it shows the best current situation. The price is in this channel and currently it is forming potential inverse head and shoulders price pattern.
In case we see close above upper green area, also known as neckline, price may pump up.
On the other side, close below lower green area would cancel this price pattern and we would head again down to test support around 5200 and even more lower if support gets broken.
Wait for either close above or below the areas because trying to guess the outcome whiule the price is still in channel would be pretty risky!
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 53.0% (+0.2%). The total market cap is currently at $182.9 billion (- $1.5 billion). The market volume of the last 24h was $15.3 billion (- $4.1 billion).
Fundamental analysis
51% Attack? Bitcoin Wins Ron Paul Investor Poll [Again]
https://www.ccn.com/51-attack-bitcoin-wins-ron-paul-investor-poll-again/
How to Recover Your Wallet if Your Private Keys Are Lost
https://cointelegraph.com/news/how-to-recover-your-wallet-if-your-private-keys-are-lost
Bitcoin Charts Suggest Price Bounce May Be Coming
https://www.coindesk.com/bitcoin-price-pattern-suggests-a-bounce-may-be-coming
Technical analysis
Hourly time frame : https://www.tradingview.com/x/OrVHqkQo/
We decided to use hourly time frame in this update because it shows the best current situation. The price is in this channel and currently it is forming potential inverse head and shoulders price pattern.
In case we see close above upper green area, also known as neckline, price may pump up.
On the other side, close below lower green area would cancel this price pattern and we would head again down to test support around 5200 and even more lower if support gets broken.
Wait for either close above or below the areas because trying to guess the outcome whiule the price is still in channel would be pretty risky!
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!
It is November 18th, 2018.
BTC dominance is currently at 52.4% (-0.6%). The total market cap is currently at $185.6 billion (+ $2.7 billion). The market volume of the last 24h was $13.3 billion (- $2.0 billion).
Fundamental analysis
‘Bitcoin’s No Longer Boring,’ Price Heading Towards $1.5K, Say Bloomberg Analysts
https://cointelegraph.com/news/bitcoins-no-longer-boring-price-heading-towards-15k-say-bloomberg-analysts
Fundstrat’s Tom Lee Predicts Bitcoin Recovery, But Lowers End-Year Target to $15K
https://cointelegraph.com/news/fundstrats-tom-lee-predicts-bitcoin-recovery-but-lowers-end-year-target-to-15k
I would like to analyse these two articles.
Firstly, bearish article has 3 times more views than bullish one. What does it mean?
These are 2 possible reasons.
First one is that market is still fearful and that they are forgetting about bullish scenario. Same thing did happen in December 2017 when they forget bearish scenario.
Another reason is that whales or maybe even this media site is advertising more this bearish news to cause increase in bearish sentiment.
So, something worth mentioning because just few months before I am sure the ratio would be quite different.
If you read article about Bloomberg analysis, they mentioned only one statement.
“There’s a small chance that, it’s difficult to estimate, that something really bad could happen related to Bitcoin Cash that could then impact the entire crypto market.”
I think this is quite different from noscript of this article. Are they trying to share fake news and create fake negative hype?
He said that he gives small chance and they used that to say that market is going down and everything is over. I am not saying 4.5k can't be reached but this is just one example how media is manipulating the market.
Never trust the noscript but rather read the article and build your own opinion. Try to stand out of the crowd and think by yourself for yourself.
Technical analysis
Hourly time frame : https://www.tradingview.com/x/mXjUbV5S/
Bitcoin is still in the channel, approaching currently lower area. Is it going to break out or come back to lower area?
That's not an easy question. Considering close above EMA 50 on H1 and above midbb H4, we have nice chance for up move but without close above 5600 it is still just an idea.
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% (-0.6%). The total market cap is currently at $185.6 billion (+ $2.7 billion). The market volume of the last 24h was $13.3 billion (- $2.0 billion).
Fundamental analysis
‘Bitcoin’s No Longer Boring,’ Price Heading Towards $1.5K, Say Bloomberg Analysts
https://cointelegraph.com/news/bitcoins-no-longer-boring-price-heading-towards-15k-say-bloomberg-analysts
Fundstrat’s Tom Lee Predicts Bitcoin Recovery, But Lowers End-Year Target to $15K
https://cointelegraph.com/news/fundstrats-tom-lee-predicts-bitcoin-recovery-but-lowers-end-year-target-to-15k
I would like to analyse these two articles.
Firstly, bearish article has 3 times more views than bullish one. What does it mean?
These are 2 possible reasons.
First one is that market is still fearful and that they are forgetting about bullish scenario. Same thing did happen in December 2017 when they forget bearish scenario.
Another reason is that whales or maybe even this media site is advertising more this bearish news to cause increase in bearish sentiment.
So, something worth mentioning because just few months before I am sure the ratio would be quite different.
If you read article about Bloomberg analysis, they mentioned only one statement.
“There’s a small chance that, it’s difficult to estimate, that something really bad could happen related to Bitcoin Cash that could then impact the entire crypto market.”
I think this is quite different from noscript of this article. Are they trying to share fake news and create fake negative hype?
He said that he gives small chance and they used that to say that market is going down and everything is over. I am not saying 4.5k can't be reached but this is just one example how media is manipulating the market.
Never trust the noscript but rather read the article and build your own opinion. Try to stand out of the crowd and think by yourself for yourself.
Technical analysis
Hourly time frame : https://www.tradingview.com/x/mXjUbV5S/
Bitcoin is still in the channel, approaching currently lower area. Is it going to break out or come back to lower area?
That's not an easy question. Considering close above EMA 50 on H1 and above midbb H4, we have nice chance for up move but without close above 5600 it is still just an idea.
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!