CryptoBullet
107K subscribers
6.44K photos
4 files
777 links
Let the CryptoBullet hit you!🔫

Business Inquiries
@likeniss

Premium/VIP subscription
@likeniss

Not Financial Advice
Download Telegram
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.
Bitcoin, Information;

2008
Satoshi Nakamoto created Bitcoin in 2008

August 18, the domain name bitcoin.org was registered

2009
January 21, the first bitcoin transaction was made

2010
February 6, the first official Bitcoin Market was opened

May 22, the first online bitcoin purchase. Somebody bought 2 pizzas for 10 000 bitcoins. Today, 10 000 bitcoins are worth around $45 000 000

October 16, BTC is purchased and traded as a currency for the first time in history

November 6, Bitcoin capitalization amounted to $1 000 000

2011
February 9, Bitcoin equaled to the dollar value.

April 16, the official press payed attention to bitcoins for the first time. The TIME magazine published an article about crypto currency

April 23, the BTC/USD rate reached and exceeded the USD/EUR and the USD/GBP rate on the MtGox Market. The total capitalization of bitcoins has reached $ 10 million

2012
In 2012, Bitcoin Central Bank received a license and BTC has turned into something real as compared to its previous status of an abstract digital currency

2013
April, the biggest fall in the BTC rate has occurred - by 80% in 24 hours
November, for the first time the price of BTC exceeded the price of gold

2014
January, the first secure depository of bitcoins, Elliptic Vault, was opened in London
December, the bitcoin rate reached $310. 2014 can be considered as "stabilizing" for bitcoin, which was a sign of the currency strengthening

2015
October, BTC price exceeded $500 – a favorable moment for the digital currencies development history

2016
Since early 2016, Bitcoin has increased in value by approximately 120%, BTC exchange rate fluctuated between $350-400

By mid-June, the BTC rate has doubled and reached $ 720

December, an incredible breakthrough, the cost of BTC grew by $ 200 per month, and market capitalization exceeded $ 15 billion

Now coming toward october 2017, the value of a bitcoin is roughly £3,360, can you even imagine how big it will be in the coming following years!
Update BTC

Support 1 : $7000
Support 2 : $5500
Support 3 : $4200

If Support $ 7000 is broken, then BTC will go to $ 5500, if support at $ 5500 is broken then BTC will go to $ 4200 ....!
The whole market cap of all [cryptocurrencies] is $300 billion. That’s nothing. The NASDAQ at its high, in the 1999 bubble, was $6 trillion, and the NASDAQ was a U.S.-led bubble. Cryptocurrency, on the other hand, is ‘a global phenomenon,’ with the majority of trading volumes concentrated outside of the U.S.

This is going to be the largest bubble of our lifetimes. Prices are going to get way ahead of where they should be. You can make a whole lot of money on the way up, and we plan on it.