📰 US Government Opens Criminal Probe into Bitcoin Price Manipulation
The United States Department of Justice (DOJ) has reportedly opened a criminal investigation into possible market manipulation of prices of cryptocurrencies including bitcoin by traders.
DOJ is working alongside the Commodities and Futures Trading Commission (CFTC), the markets regulator, to focus on illegal trading activities in cryptocurrency markets.
The United States Department of Justice (DOJ) has reportedly opened a criminal investigation into possible market manipulation of prices of cryptocurrencies including bitcoin by traders.
DOJ is working alongside the Commodities and Futures Trading Commission (CFTC), the markets regulator, to focus on illegal trading activities in cryptocurrency markets.
Forwarded from #OnPointCrypto VIP
This harsh rejection of the 8200 zone and weekly volume increase looks like we may be seeing the beginning of the continued downward trend to as low as $3000 to complete emotional cycle. 61.8 fib didnt hold so thats usually a major sign for BTC to be not bullish.
3k has been on the table as a possibility and now as we leave the cloud again and reject 8200 it looks like that possibility may happen over the next few months
How the market reacts to this selloff is crucial
4-6 hr momentum wants to shift and we will likely see a run to $8000 -8200 zone but I think we will see rejection again and I am leaning bearish looking for tops to sell until we see something convincing that bulls are in control
Even if we rally above 8200 and into the cloud again on the daily we will still be in a consolidation triangle until a sustained support above 10k with a higher high
Weekly and 2 week momentum also turning down showing weakness
3k has been on the table as a possibility and now as we leave the cloud again and reject 8200 it looks like that possibility may happen over the next few months
How the market reacts to this selloff is crucial
4-6 hr momentum wants to shift and we will likely see a run to $8000 -8200 zone but I think we will see rejection again and I am leaning bearish looking for tops to sell until we see something convincing that bulls are in control
Even if we rally above 8200 and into the cloud again on the daily we will still be in a consolidation triangle until a sustained support above 10k with a higher high
Weekly and 2 week momentum also turning down showing weakness
Forwarded from #OnPointCrypto VIP
We bought AGI 12-13c area and got a great push for 76%.
However, we rebought the pullback with avg 2300 and discussed in Lounge to add more all the way down to 1580 which gave an avg of 1823.
Today we saw 3420 for another 87%
However, we rebought the pullback with avg 2300 and discussed in Lounge to add more all the way down to 1580 which gave an avg of 1823.
Today we saw 3420 for another 87%
CryptoBullet
Buy FOTA (KuCoin) around 500. falling wedge; Targets: 600-700-900
FOTA hit our 2nd target at 700
Profit: +40%
Congratulations, guys!
Profit: +40%
Congratulations, guys!
#BTC
OUTLOOK: Bearish close likely
the current weekly candle will likely close (today) below 50-week MA of $7,609 for the first time since Oct 2015
It would only validate argument the long-run bull market has ended
RSI has rolled over in favor of the bears
OUTLOOK: Bearish close likely
the current weekly candle will likely close (today) below 50-week MA of $7,609 for the first time since Oct 2015
It would only validate argument the long-run bull market has ended
RSI has rolled over in favor of the bears
#BTC
Outlook: BEARISH
Risks falling below $7K as-
50-week MA supp has been breached for first time since Oct. 2015
5,10DMA biased bearish
Pennant breakdown on 4hr (bearish continuation pattern)
Daily RSI still holding above 30.00 (oversold region).
#BTCUSD Bullish Scenario:
#BTC created small doji yesterday, signaling bearish exhaustion. But only a convincing move above $7,450 today would signal bull doji reversal - a corrective rally.
although odds are stacked in favor of the bears as discussed above.
Outlook: BEARISH
Risks falling below $7K as-
50-week MA supp has been breached for first time since Oct. 2015
5,10DMA biased bearish
Pennant breakdown on 4hr (bearish continuation pattern)
Daily RSI still holding above 30.00 (oversold region).
#BTCUSD Bullish Scenario:
#BTC created small doji yesterday, signaling bearish exhaustion. But only a convincing move above $7,450 today would signal bull doji reversal - a corrective rally.
although odds are stacked in favor of the bears as discussed above.
#ETH/BTC
OUTLOOK: Bearish
H&S breakdown on 4h
Daily chart - Long-term rising trendline breached
5,10DMA biased bearish, RSI favors further losses in ETHBTC
could test $0.0695 (200DMA) and possibly break lower to $0.064
close abv 10DMA would abort bearish view
OUTLOOK: Bearish
H&S breakdown on 4h
Daily chart - Long-term rising trendline breached
5,10DMA biased bearish, RSI favors further losses in ETHBTC
could test $0.0695 (200DMA) and possibly break lower to $0.064
close abv 10DMA would abort bearish view
CryptoBullet
Buy FOTA (KuCoin) around 500. falling wedge; Targets: 600-700-900
FOTA reached 1087
All targets achieved
Maximum profit: 117%
It was a signal from our premium channel. Want to trade with us? 👇🏻
@bulletinfo
All targets achieved
Maximum profit: 117%
It was a signal from our premium channel. Want to trade with us? 👇🏻
@bulletinfo
BREAKING: EOS Bugs discovered before mainnet. Launch postponed.
Chinese Internet security giant 360 has found "a series of epic vulnerabilities" in the #EOS platform. Some of the bugs allow arbitrary code to be executed remotely on EOS nodes and even taking full control of the nodes.
https://www.reddit.com/r/CryptoCurrency/comments/8mwo4c/eos_bugs_discovered_before_mainnet_launch/dzr1eb4/
Chinese Internet security giant 360 has found "a series of epic vulnerabilities" in the #EOS platform. Some of the bugs allow arbitrary code to be executed remotely on EOS nodes and even taking full control of the nodes.
https://www.reddit.com/r/CryptoCurrency/comments/8mwo4c/eos_bugs_discovered_before_mainnet_launch/dzr1eb4/
reddit
r/CryptoCurrency - EOS Bugs discovered before mainnet. Launch postponed.
852 votes and 367 comments so far on Reddit
#BTC
OUTLOOK: Upticks will likely be short-lived, Eyes $6900
Bullish RSI divergence on hourly favors minor rally to $7300
Overall outlook remains bearish as indicated by yday's bearish outside-day candle, which negates exhaustion signaled by Sunday's small doji.
OUTLOOK: Upticks will likely be short-lived, Eyes $6900
Bullish RSI divergence on hourly favors minor rally to $7300
Overall outlook remains bearish as indicated by yday's bearish outside-day candle, which negates exhaustion signaled by Sunday's small doji.
#BTC bulls would breathe a sigh of relief if BTC closes above 50-week MA of $7,708 on Sunday
4hour chart: #BTC has another go at the trendline hurdle. A break higher would expose 50MA located at $7612
#BTC
OUTLOOK: Neutral
Ysday's bull outside-day has neutralized immediate bearish outlook
Only a positive follow-through today would confirm a short-term bullish reversal
But, 10-day MA and 50-candle MA on 4hr are capping upside
#BTC Could revisit $7,100 if fails to cut through 50-candle MA on 4hr in the next few hours.
OUTLOOK: Neutral
Ysday's bull outside-day has neutralized immediate bearish outlook
Only a positive follow-through today would confirm a short-term bullish reversal
But, 10-day MA and 50-candle MA on 4hr are capping upside
#BTC Could revisit $7,100 if fails to cut through 50-candle MA on 4hr in the next few hours.