📰 BREAKING: U.S. SEC rejects the Winklevoss’ twins second attempt at applying for a Bitcoin ETF
That's why we're falling again.
That's why we're falling again.
While #Bitcoin recovered from the lows, have a look at some of the mainstream ALTs. Something is cooking
In addition Parabolic SAR suggesting reversal.
In order to likely confirm #BTC bearish to bullish trend change, weekly candle must close above 50 Week MA.
In order to likely confirm #BTC bearish to bullish trend change, weekly candle must close above 50 Week MA.
#XMR/BTC closed its most 4-hour volume in over three months according to the Bittrex exchange - the last mark was set April, 25th.
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#EthereumClassic is surging on Coinbase news announcing the cryptocurrency will go live on their platform on August 7th
📰 Robinhood Adds Ethereum Classic to Crypto Trading App. Its customers can now invest in ethereum classic (ETC), just a day before Coinbase launches support for ETC.
CryptoBullet
❗️Analysis ❗️ We are now very very close to the death cross between 30 and 50 MAs. Can it lead to the new ATH? It's possible, but it's unlikely. It is very possible for the price of BTC to move into it setting up a high probability short trade. And at this…
#BTC #analysis
[ Read again our previous post regarding the death cross carefully ]
30 and 50 MAs on the weekly timeframe eventually crossed and formed the so called ‘death cross’.
Look how we bounced sharp into the cross and as we wrote that was a nice shorting opportunity.
The BTC price was so close to the death cross that you cannot ask for more perfect sell the dead cat bounce scenario at 8400.
[ Read again our previous post regarding the death cross carefully ]
30 and 50 MAs on the weekly timeframe eventually crossed and formed the so called ‘death cross’.
Look how we bounced sharp into the cross and as we wrote that was a nice shorting opportunity.
The BTC price was so close to the death cross that you cannot ask for more perfect sell the dead cat bounce scenario at 8400.
❗️BREAKING: The SEC has extended the evaluation period for a rule change on the Cboe VanEck/SolidX Bitcoin ETF.
The new deadline is September 30th, according to the agency.
The extension means Friday’s planned ETF decision will no longer take place as scheduled
https://www.sec.gov/rules/sro/cboebzx/2018/34-83792.pdf
The new deadline is September 30th, according to the agency.
The extension means Friday’s planned ETF decision will no longer take place as scheduled
https://www.sec.gov/rules/sro/cboebzx/2018/34-83792.pdf
BTC ETF decision has dragged down crypto market significantly.
The total #cryptocurrency market capitalization fell below $230 billion to reach its lowest level of 2018
Figures sub-$230b were last seen in November of 2017
The total #cryptocurrency market capitalization fell below $230 billion to reach its lowest level of 2018
Figures sub-$230b were last seen in November of 2017
#BTC #analysis
It’s very possible that the bottom of the week is in. We are exhausted on the daily chart: daily RSI is reaching oversold which traditionally yields at least a temporary price bounce.
Let’s wait if we can close the week at 6600-6700. If we do, it creates a hammer reversal candle very likely for a 1-4 candle correction, which can easily take us to 7200-7300 area.
If we continue to drop, here are some realistic rebound spots for #BTC based on prior supports and resistances
📍~ $6025
📍 ~ $5574
📍 ~ $4950
It’s very possible that the bottom of the week is in. We are exhausted on the daily chart: daily RSI is reaching oversold which traditionally yields at least a temporary price bounce.
Let’s wait if we can close the week at 6600-6700. If we do, it creates a hammer reversal candle very likely for a 1-4 candle correction, which can easily take us to 7200-7300 area.
If we continue to drop, here are some realistic rebound spots for #BTC based on prior supports and resistances
📍~ $6025
📍 ~ $5574
📍 ~ $4950