Current FUD status :
Facebook bans all crypto-currency ads.
This adds again more FUD to the crypto market.
http://www.bbc.com/news/technology-42881892
Also, the wrong interpretation about India statement "Bitcoin is illegal".
The correct interpretation is that Bitcoin can't be used for illegitimate activities. But never they said that they can't trade if they pay their taxes (so legal usage).
Facebook bans all crypto-currency ads.
This adds again more FUD to the crypto market.
http://www.bbc.com/news/technology-42881892
Also, the wrong interpretation about India statement "Bitcoin is illegal".
The correct interpretation is that Bitcoin can't be used for illegitimate activities. But never they said that they can't trade if they pay their taxes (so legal usage).
BBC News
Facebook bans all crypto-currency ads
Efforts to promote crypto-currencies are often misleading and created in bad faith, Facebook says.
ETHUSD About to complete Head&Shouldr pattern that is making $800 a strong support. It should back soon after some clearance. #Buy
BTC bounce hard from 7500 level, rest of the market also picking up on volume
Coin : GAME
Buy at 0.00030-31
StopLoss: 0.00021
Sell targets:
Target 1 : 0.00037
Target 2 : 0.00048
Target 3 : 0.00059
Buy at 0.00030-31
StopLoss: 0.00021
Sell targets:
Target 1 : 0.00037
Target 2 : 0.00048
Target 3 : 0.00059
#BTC is currently forming a double bottom within the last 24h (BTC/USDT chart)
This is usually an indication of a rise.
If BTC breaks the 9.5-10k and stabilize, there will be room for alts to grow.
On the other hand, if btc fails to go up and instead dump again like few hours ago, market will crash again.
This is usually an indication of a rise.
If BTC breaks the 9.5-10k and stabilize, there will be room for alts to grow.
On the other hand, if btc fails to go up and instead dump again like few hours ago, market will crash again.
Coin : RLC
Buy at 0.000203
🎯Sell targets:
Target 1 : 0.00025
Target 2 : 0.00029
Target 3 : 0.00037
Buy at 0.000203
🎯Sell targets:
Target 1 : 0.00025
Target 2 : 0.00029
Target 3 : 0.00037
CNBC’s Ran Neuner Says Bitcoin Will End 2018 At $50,000
Bitcoin will cost $50,000 by the end of 2018, CNBC’s Ran Neuner claimed on Twitter this Thursday. #NEWS
https://goo.gl/z2iX3i
Bitcoin will cost $50,000 by the end of 2018, CNBC’s Ran Neuner claimed on Twitter this Thursday. #NEWS
https://goo.gl/z2iX3i
Cointelegraph
CNBC’s Ran Neuner Says Bitcoin Will End 2018 At $50,000
Host of CNBC’s Cryptotrader show Ran Neuner pins a tweet in which he predicted that Bitcoin will hit $50,000 by the end of 2018.
Coin : NBT
Buy: around 0.00010
StopLoss: 0.000090
🎯Sell targets:
Target 1 : 0.00012
Target 2 : 0.00015
Target 3 : 0.00017
Target 4 : 0.00020
Target 5 : 0.00023
Target 6 : 0.00025
Buy: around 0.00010
StopLoss: 0.000090
🎯Sell targets:
Target 1 : 0.00012
Target 2 : 0.00015
Target 3 : 0.00017
Target 4 : 0.00020
Target 5 : 0.00023
Target 6 : 0.00025
As mentionned in my post yesterday, BTC failed to reach and stabilize above 9.5k and market is getting down again.
Not a good time for alts as well, any signal could be dumped in few minutes.
We will monitor the market and get you informed.
Not a good time for alts as well, any signal could be dumped in few minutes.
We will monitor the market and get you informed.
Update BTC
BTC is once again down, and this is most likely the last time.
Buy BTC and Hold...
USDT-BTC
BUY : $8400-$8800
SELL :
TARGET 1 : $9300
TARGET 2 : $9800
TARGET 3 : $10000
TARGET 4 : $10700
STOP LOS : $8000
(Strong Support $7500)
BTC is once again down, and this is most likely the last time.
Buy BTC and Hold...
USDT-BTC
BUY : $8400-$8800
SELL :
TARGET 1 : $9300
TARGET 2 : $9800
TARGET 3 : $10000
TARGET 4 : $10700
STOP LOS : $8000
(Strong Support $7500)
CryptoBullet
Coin : NBT Buy: around 0.00010 StopLoss: 0.000090 🎯Sell targets: Target 1 : 0.00012 Target 2 : 0.00015 Target 3 : 0.00017 Target 4 : 0.00020 Target 5 : 0.00023 Target 6 : 0.00025
NBT hit 0.000127 after our signal
First target achieved
Profit: +17%
Congratulations to those who followed the signal!
First target achieved
Profit: +17%
Congratulations to those who followed the signal!
Bitcoin's 2 Month Low- Sign of the Time
Bitcoin hit a 2 month low this week amid fears of regulatory clampdowns and government-issued cryptocurrencies. #OPINION
https://goo.gl/yiAojg
Bitcoin hit a 2 month low this week amid fears of regulatory clampdowns and government-issued cryptocurrencies. #OPINION
https://goo.gl/yiAojg
Cointelegraph
Bitcoin's 2 Month Low - Sign of the Time
Bitcoin’s two month low highlights negative sentiments towards cryptocurrencies from financial institutions and governments.
Why 6th of February is extremely important for the cryptocurency market?
On the 6th of February, the heads of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (SEC) are set to testify on cryptocurrencies during a U.S. Senate hearing.
What does it mean?
SEC Chief Jay Clayton and CFTC Chief J. Christopher Giancarlo set to appear as witnesses during the hearings at The Senate Committee on Banking, Housing, and Urban Affairs. The major topic of the hearing is: "Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission"
Both Clayton and Giancarlo support ICO and cryptocurrency "investment" regulation.
What is Senate hearings and why is it so important?
The primary goal of any committee during the hearing is to collect and analyze information in the early stages of legislative policymaking. If The Senate Committee on Banking invites SEC and CFTC Chiefs, it's clear that US legislators are very interested in cryptocurrency market regulations.
As we might previously noticed, news about ICO regulations in Korea and China caused serious market panic-sell and corrections. Again, we can't say for sure the outcome of the hearings but it's logical to assume that we might see further ICO restrictions and regulations of the market as it's the nature of the government to regulate things.
Does it mean that it will completely crash Bitcoin? No, absolutely not. Will it prevent market recovery? - Very possible that it will contribute to the bear market strength, blocking bulls from any active actions.
On the 6th of February, the heads of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (SEC) are set to testify on cryptocurrencies during a U.S. Senate hearing.
What does it mean?
SEC Chief Jay Clayton and CFTC Chief J. Christopher Giancarlo set to appear as witnesses during the hearings at The Senate Committee on Banking, Housing, and Urban Affairs. The major topic of the hearing is: "Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission"
Both Clayton and Giancarlo support ICO and cryptocurrency "investment" regulation.
What is Senate hearings and why is it so important?
The primary goal of any committee during the hearing is to collect and analyze information in the early stages of legislative policymaking. If The Senate Committee on Banking invites SEC and CFTC Chiefs, it's clear that US legislators are very interested in cryptocurrency market regulations.
As we might previously noticed, news about ICO regulations in Korea and China caused serious market panic-sell and corrections. Again, we can't say for sure the outcome of the hearings but it's logical to assume that we might see further ICO restrictions and regulations of the market as it's the nature of the government to regulate things.
Does it mean that it will completely crash Bitcoin? No, absolutely not. Will it prevent market recovery? - Very possible that it will contribute to the bear market strength, blocking bulls from any active actions.
Small update,
BTC keeps failing to go up and stabilize. At every bounce, we see bigger dips.
If BTC goes below 7600$, we will see another big crash and could potentially reach the 5-6k$.
BTC keeps failing to go up and stabilize. At every bounce, we see bigger dips.
If BTC goes below 7600$, we will see another big crash and could potentially reach the 5-6k$.