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BTC support likely around 7500
This bear trap is real strong, and it caused by two fundamental news, Indian Stament regarding Bitcoin Illegal & Crypto Adds Bans on Facebook. This is big reason market sinking continuesly.
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
#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.
Coin : RLC

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
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
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.
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)
⁠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
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.
Small update,

BTC keeps failing to go up and stabilize. At every bounce, we see bigger dips.

If BTC goes below 7600$, we will see another big crash and could potentially reach the 5-6k$.
To add more FUD :

Banks of America : JPMorgan Chase & Co., Bank of America & Citigroup will not allow anymore their clients that have credit card to purchase cryptocoins.