Although the price has already made a steep decline, I thought this was a great opportunity to take a look at this ominous warning signal. The price made two consecutive high highs, yet the RSI and Stochastic oscillator both made two obvious lower highs at the same points. This is a perfect example of the power of divergences, in this case bearish divergence.
Hey fellow Cryptoheads,
It´s getting closer to the 1st and things are really heating up.
Bitfinex & Kraken have both confirmed they will credit any Bitcoin holders with Bitcoin Cash, (BCH).
Kraken even confirmed they that they will enable BCH trading in the following pairs: BCH/XBT, BCH/USD, BCH/EUR.
Bitfinex have yet to confirm whether they will list BCH as a...
Bitcoin is very close to start trending up again, as I expected originally...a correction until August 1st. I specially like all the negativity and manipulation that forced people out of their positions, into altcoins as a hedge, in cash on the sidelines. Many wanted to buy back on dips after the surge off the lows after Bitmain started supporting Segwit in all...
Normally, I would long this, but there's so much bouncing right now, especially on bitfinex since they are supporting bitcoin cash(BCH). If you compare prices at stamp or anywhere else, we're taking a bit longer to notice actual movement due to people hedging on shorts for there BCH come July 1.
Best case, we bounce around this area and maybe uptick to 2700.
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