📣📰 The South Korean government is conducting on-site inspections of crypto exchanges following the release of its emergency measures for cryptocurrency regulation. The regulators have also notified the country’s largest exchanges that they are subject to the Information Security Management System certification requirements.

$REQ Update

https://blog.request.network/request-network-project-update-december-22nd-2017-first-feedbacks-colossus-introducing-request-51fc3387a686

Buy #UBQ under 20k

Buy #LBC under 0.00004000

Tomorrow Events 23.12.2017

Alis (ALIS) - Tokyo Meetup
AltCommunity Coin (ALTCOM) - First Airdrop
Bela (BELA) - Roadmap 2018
Bitcoin (BTC) - Lighting Bitcoin Hard Fork
Bitcoin (BTC) - London Blockchain Week 18
CryptoInsight (TKR) - Client Release
Masternodecoin (MTNC) - New Client (21-24 Dec)
NEO (NEO) - Conference on Tech Ecosystem
Next (NEXT) - Exchange Launch
Rebellious (REBL) - Airdrop
Solaris (XLR) - ZeroCoin Protocol Implementation
Unify (UNIFY) - Competition for Telegram Members
XTRABYTES (XBY) - 12 Days Giveaway
ZCoin (XZC) - Hard Fork

👉$BURST has soared to astounding 0.00000590
We called it at 0.00000085 on the 9th of Dec
Estimated gained profit💰: +594%
Congratulations to those who followed the signal and held.

#Pin_our_channel_on_top and stay always tuned in order not to miss opportunities to make huge profit💸

Let the CryptoBullet hit you! 🔫

BTC-USD, 4-Hour Candles, Trend Prior to Breakdown

📢🎓 As you can see, the price was holding on by a thread near the red, hypodermic trendline. Once it managed to break this trend, the price immediately and aggressively dropped. Thus, the market signaled the end of the current parabolic breakout. Currently, it is finding support on the parabolic curve; but on the lower timescales, it shows signs it might take one last move downward before a proper bounce occurs.
Since the hypodermic trend occurred once the market broke the linear trend, there is likely going to be very strong support there:

BTCU-SD, 4-Hour Candles, Hypodermic Breakdown

🎓 In the event that BTC-USD sees new lows, we can expect solid support in the upper $9900s to low $10,000s. From there we will likely see a bounce leading to a consolidation period, where the market will ultimately decide if it wants to resume the downtrend or break upwards. Given the fact that we broke out of a distribution trading range, it is likely that we will resume this down trend after any potential consolidation.

Distribution is the top of the market cycle and leads to a markdown in price once the trading range is broken. However, this is all up in the air right now and we will still have to see how bitcoin handles the next phase of consolidation. For now, don’t anticipate any radical lows ranging beyond the linear trend support shown above.

At this point, it doesn’t appear we have reached a selling climax. Although the selling has been intense, there is nothing terribly notable on the macro view of last nights aggressive moves:

BTC-USD, 12-Hour Candles, Macro Volume

📌 There was a lot of volume during last night’s moves, but there wasn’t a selling climax that would notably mark what we would expect from such a fantastic drop in price. Anticipating lower lows in the coming days and weeks.

Summary:

📌 Bitcoin broke down out of its hypodermic trend.

📌 It is currently finding support on its macro parabolic trend.

📌 Another shove downward is likely, but we believe it will lead to a bounce to a medium-term consolidation period.

We recommended you WAVES when the price was 700, today it went up to 1078. 55% profit 💸💸

$EDG HUGE NEWS !!

5-minute chart

🔥👉$EDG soared to 0.000235
We called it at 0.000120
Estimated gained profit💰: +95% in 15 minutes
Congratulations to those who was tuned and followed the signal🎉

#Pin_our_channel_on_top and stay always in order not to miss signals like that one👆

Let the CryptoBullet hit you! 🔫

BTC Update:

Btc Chart had shared last day, where we predict 4 support levels that can be Vital for reversal, BTC Bounced at support 3 & 0.36 FIB Level.

QUICK Update

ETH Bounced after dumping below the support. seems like it will be breaking the next black line(Resistance).