The technical setups posted next use elementary trend detection, support and resistance, channels, settlement and candlestick analysis. We aim for high-probability trade setups on BTCUSD and use really few indicators. All charts use BNC’s Bitcoin Liquid Index for limit accuracy.
The timeframe for trades is 1 to 7 days, so we’ll use 4h candlesticks. Bitcoin is best traded as a quite suppositional commodity on 4h+ timeframes.
Market Sentiment And Macro Key Points
Circle Pay announces iOS iMessage Bitcoin formation plans. Adding payments to iMessages reduces “the friction,” for consumers, says CEO Jeremy Allaire. Customers can send dollars, euro, bruise argent and bitcoin to anyone directly inside of iMessage, and can account payments and money out regulating roughly any bank in a US, UK and, soon, Europe.
The competition to constraint a lion’s share of a ETF marketplace is heating up. The Winklevoss ETF, once to be listed on NASDAQ, afterwards after to on BATS, has only had a regulatory setback. SolidX is stepping adult their diversion to yield a rival foothold.
Ripple raises $55m in Series B Funding. Ripple also combined new partners to a Ripple network; Standard Chartered, Westpac, National Australia Bank,