TOP 5 CRYPTO NEWS
1.WSJ: Organized Crypto ‘Trading Groups’ Manipulated Markets to Make $825 Million in 2018
2.Finder co-founder Fred Schebesta wants to create the ‘crypto bank of Australia’
3.Crypto Trading App Robinhood Adds Support for Ethereum Classic
4.Ripple and Madonna, Sony patent and marriage on the blockchain
5.Starbucks to go crypto, with plans to let customers pay using bitcoin
BTC UPDATE 🤓
Buying btc with a clear assumption that we may bleed further. Mid term call so swing traders & Scalpers can ignore..Every time I buy BTC its to keep for the foreseeable future.
Current price movement means nothing for this type of buying
Have a look on chart now a triangle(5min) inside a channel(30min) inside a falling wedge(2hours) 😱
On the weekly chart for btc looks better than I thought, we haven't been this close to a MACD bull cross since March 2017, 7200 is still the resistance to break for confirmation... 4 hour chart- price heading to $6,750 there you'll get a oversold bounce, then we'll see where we go ($5,850 if the previous support fails.
Expecting consolidation for a few more days in range $6800-$7200, leaning towards bearish scenario. RSI at a very important level. In depth analysis on my chart.
Argument of double top already happened on line chart/close:
36% first DT drop
14% second DT drop
10% third DT drop
6% this possible DT drop*
