The Potato:
➕ Bitcoin & Market Update ⚡️

Bitcoin Price (USD): $6,187
Market Cap: $205bn
Bitcoin Dominance: 53%

Over the last 24hrs, the crypto market as a whole has lost $7bn. Bitcoin saw a -2% drop and the market shortly followed.

Now, here are the two major opinions of what is going on with the market:

1: Bitcoin is due a further move down to the $4,000 level and BTC is nearing a death cross (200 MA crosses 50 MA)

2: The Bitcoin support at $6,000 is extremely strong, the global interest is rising and there's lots of bullish news circulating (e.g. the Bitcoin volume in Venezuela, Chilie and other deprived countries is at an ATH - showing that citizens have more faith in it than their current govs.)

The contrasting views make it extremely hard to make a decision, but the most important thing is to preserve capital and make sure that youare ready for either scenario.

There are ways of removing the need to make a decision, called hedging, now you can do this in spot or leveraged. For those that don't understand, this is essentially protecting your capital by being on both sides of the market.

One popular way of doing this is: holding Altcoins and opening a leveraged short on BTC, therefore if Bitcoin falls, you earn money and thus will compensate for the losses on Altcoins, and, if Bitcoin goes up, you lose on the Bitcoin short but earn money on your Altcoins, it is effectively a form of insurance.

We are still bullish on the market and have done exactly that, opened a hedge short on Bitcoin.

Some good amount of volatility incoming in next few hours. Fasten your seat belts !

It is a no trade zone currently. #BTC might go either ways. Fight between Craig white, Roger Ver and Jihan Wu has caused lot of blood on streets already. Its about ownership of BitcoinCash after the fork and hence you would be hearing a lot about hash war.

We might even see #BTC price pushed upwards !

A good watch on market needs to be kept !

Switzerland Green Lights World’s First Crypto ETF to be Listed Next Week

Link: https://www.trustnodes.com/2018/11/17/switzerland-green-lights-worlds-first-crypto-etf-to-be-listed-next-week

Huobi confirms ABC will get the $BCH ticker. Now even a man with a potato as a brain will buy. Catch 'em before the word is out

We’ve had a bit SCARY update today. Today’s drop indeed scared many falling rapidly in a free fall.
The conclusion: $4400 is going to be the bottom and the price won’t go lower. The short piercing with the wick is possible. But it will return back to $4400.

Okay now this is what we get. The losses have already been taken. The blood is already spreading.
That's why we need regulation for stability.
Emerging markets need maturity to be accepted by the big players. Till then stay strong.
Stay Mashed. ❤️
http://www.ccn.com/us-justice-department-probes-tether-for-bitcoin-price-manipulation-report/amp/

RSI shows historical low as it was in 2015.

Bitmex Scalp/Swing Trade: XRPZ18

We have bearish confirmation on XRPZ18 as we suspected. This asset is very tricky to short sometimes so we'd recommend moving your stop loss in the ongoing long trade to entry or above entry, then if you have another Bitmex account open the short there. If you have just 1 account you can close all your position here and open short.

The XRPZ18 asset is trying hard to move towards the 78.6% Fib line but hasn't succeeded yet. The asset recently had the 50 MA move under the present 1 hour candle, but we're still seizing bears trying to seize control. A test of the blue line is possible and if bears are strong we'll see more downside to the 200 MA. We'll have more quick steady down movement after the RSI crosses below the support line.

Short Entry: 0.00009545
Leverage: 20x
Targets: 0.0000949 | 0.0000945 | 0.000094 | 0.00009305 | 0.0000921 | 0.000091 | 0.00009 | 0.00008955
Stop Loss: 0.00009643
Risk/Reward Ratio: 6.01 (Good)
Risk Percentage: -20%

https://www.tradingview.com/x/XgU8Q7to

Short hear and make the worst decision of your life. Potential reversal coming in the next 12 hours.

Watching history repeating itself.

This feels like someone hasn't hit menopause yet. Blood all over us. Dripping down and watching us suffer in this dreaded misery.

Now it's been a while since I have written you guys a long ass post but honestly there is nothing I have to say.
Look at the bigger picture. Blockchain technology is coming up faster than that erection you get by watching the big green.
Large corporations like Microsoft, facebook, Google and amazon are shelling out millions of dollars to get into the sphere. Mark my words this phase is exactly what happened before the internet. We need to understand the fact that blockchain technology is something that is extremely crucial for the future. Just shut your eyes and visualize.

A world with no internet. No we don't have the memes, nor do we get any social media. No mails nothing at all. Life is at a standstill.
That's exactly how the world will become if we don't adapt.

We need to evolve.

The internet needs to evolve.

Blockchain technology is the future.

They laugh at you when you make wild calls but now. We let the money speak

Do the math.