Bitcoin Analysis and hot news in crypto market!!
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🤓$43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds
🤓Bitcoin Dominance Rate Hits 50% For First Time in 2018
🤓FinCEN Says It Now Receives 1,500 Crypto Complaints a Month
🤓Coin Center Updates Its Securities Framework for Cryptocurrencies
🤓Crypto Unicorn Bitmain Weighs $18 Billion IPO, One of World's Largest
BTC UPDATE 🍟
They loaded up heavy on that last run and broke thru the downtrend line. Now backtesting it. Will it hold?
i'm long from 6100$ with recent bull div there, with stop loss at 6150$. Not overtrade here, $btc will give soon some pattern. Downtrend on daily chart still intact.Expect 6700-6800, then see in the near future new low, in any case if btc should go to 6800 without breaking, would form a big bear divergence on 4h chart, I can easily play one short in that case.hourly chart update- Break up and OVER the double top at $6,490 Bulls take over rally.
(see blue dashed line and blue arrows at top, and bottom chart)
IHS with neckline at 6500 still active with target of $6800-$6900, We saw some bot activity on $BTC but that doesn't invalidated IHS yet.
Social media and news outlets are your best indicators for an incoming alt/bull season Follow only charts and you'll get moon
Dominance increasing rapidly . now 51% but the saddest part of market is now TMC 's continues droop .
Thanks. Could be the beginning of the bounce?
Cheers! 😄
Cheers 🤓
some crazy stuff is happening at world crypto
Yes, Look like game 🤓
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