TOP 3 Bitcoin Signals Showing It’s Ready to Surge
Wednesday, September 5 2019
"Bitcoin is the most important invention in the history of the world since the Internet" –Roger Ver 5-Day Change •Bitcoin: $10,719.00 +10.45% •Ethereum: $182.07 +5.85% •S&P 500: $2,900.7 +0.94% •Dow Jones: $26,035.5 +0.50% Top trading ideas:
LONG: Bitcoin will surge to $11,000 (+17%). Watch this BUY SIGNAL!
SHORT: A No-Deal Brexit Is a Perfect SELL Signal for GBPUSD!
LONG: BITCOIN: Getting Ready for a Break!
TOP 3 Indicators Suggest Bitcoin Price Is Ready for a Massive Move
Bitcoin continues to bounce between $9,000 and $12,000…
But there are signs that change is on the way. Actually, there are three:
- the crypto Fear and Greed Index,
- the MACD and the Bollinger Bands Indicators on the weekly timeframe, and
- the formation of a pennant converging on the Bakkt Bitcoin futures launch day.
There’s also Bitcoin’s growing reputation as a safe haven, and a peak in Bitcoin’s rapidly growing hash rate.
Facebook’s Libra Rouses EU Antitrust Interest
The EU isn’t mincing words when it comes to their distaste for Libra…
Judging by the comments made by Yves Mersch, a member of the Executive Board of the European Central Bank, who called Libra ‘beguiling but treacherous’. Mr. Mersch made the comments at an ECB conference in Frankfurt, claiming that the digital currency planned to be released by social media giant Facebook has a ‘cartel-like’ structure.
China Plays Down Latest Trump Tariffs With Path to Talks Unclear. Bitcoin Surges Above $10K.
There’s no light at the end of the tunnel this time…
If you’re an equity with exposure to China, that is. The pain will continue, it seems, for the foreseeable future, after Chinese officials refused to confirm a planned meeting in Washington this month. This comes on the heels of new tariffs of 15% on $125 billion worth of good taking effect on Monday, causing a drop in Asian markets, with the Hang Seng Index losing 0.8% on yesterday’s open.