Hi, @ImTheCryptoKid here. I read articles daily, I study charts, and I've been in Crypto since October 2016. These are some observations of mine: CME BTC FUTURES are pointing to a small spike tomorrow. The Volume is Low and the Open Interest is High. Plus we had a bottom this weekend around $6,880-ish for BTC. I expect the rest of the week, August 7th -...
The SEC REJECTED the Winklevoss ETF Again. Here is the Official Letter: www.sec.gov As long as BTC stays away from the pretty colors then it looks like $7900-ish is the new support level. It's not like the Crypto Community to completely freak out over FUD! he said SARCASTICALLY !!! #Cryptocurrency #BTC #Cryptocurrencies THIS IS NOT INVESTMENT ADVICE, THIS...
EtherScan said they have patched the problem. This is from the official Reddit Ethereum page: www.reddit.com #Cryptocurrency #ETH #Cryptocurrencies THIS IS NOT INVESTMENT ADVICE, THIS IS JUST MY OPINION. -ADUMB-
BITMEX CEO Arthur Hayes thinks we have yet to hit bottom. He feels the bottom is BTC @ $5,000. CME BTC FUTURES expire Friday, July 27th. There are more Trading Contracts than Open Interest Contracts for the next 2 weeks. It would make sense for a bottom to occur in August so that September can build up to a full rally by October thru December. It's only a...
CME BTC FUTURES REPORT: ftp.cmegroup.com Trading this week is " Lower " than Open Interest leading to the current crypto spike. Trading next week is " Higher " than Open Interest which may lead to a drop in the crypto market. #Cryptocurrency #BTC #Cryptocurrencies THIS IS NOT INVESTMENT ADVICE, THIS IS JUST MY OPINION. -ADUMB-
BTC hit $6,128 this morning. I have been saying the bottom will be around $5,400. The Institutional Investors will be buying between $5,400 - $5900, IMO. In May, The San Francisco Federal Reserve stated that BTC Futures were causing this Bear Market. In June, Tom Lee of Fundstrat had similar statements. He has since reduced his 2018 BTC Prediction to $20K -...
CME BTC FUTURES are Long this week and Short next week. The charts show a Resistance level up to the $7,600 range this week. The charts show a Support level in the $6,300 range next week. THIS IS NOT INVESTMENT ADVICE, THIS IS JUST MY OPINION. -ADUMB-
CME BTC FUTURES indicate that this week is Long or Up and next week is Short or Down. 7/6/18 1,342 Short 2,671 Long 7/5/18 1,473 Short 2,674 Long 7/4/18 1,489 Short 2,546 Long 7/3/18 2,144 Short 2,556 Long 7/2/18 1,700 Short 2,463 Long www.cmegroup.com THIS IS NOT INVESTMENT ADVICE, THIS IS JUST MY OPINION. -ADUMB-
HERE IS A LIST BIG EVENTS THAT WILL MAKE THE MARKET SKY ROCKET. SEC deems BTC & ETH are Not Securities. CME BTC FUTURES expire Friday, June 29, 2018. The end of Q2 2018 falls on Friday as well. Custody Accounts and Index Funds are all set up. Institutional Investors & Hedge Funds are set to pounce on BTC once it falls below $5,400. The 4th of July Holiday...
CME BTC FUTURES contracts are hedged SHORT 2:1 only for today. The market may have a candle wick resistance level of roughly $5,400. GOOD: Then the next 8 Business days, Contracts are LONG. We should have a nice Bull Run through the 4th of July Holiday. Then, abruptly, The Futures Market will then go SHORT! BAD: That weekend...
It looks like we "MIGHT" have bottomed at $6070. That is a key psychological level. Anything below $6K would trigger another massive sell off. i STILL FEEL GOOD ABOUT JULY BEING A BULL RUN BECAUSE OF REGULATIONS AND INSTITUTIONAL MONEY COMING FROM WALL STREET. THIS IS NOT INVESTMENT ADVICE, THIS IS JUST MY OPINION. -ADUMB-
As long as BTC remains in the $6,000s then we should be ok. Don't forget, the CME BTC Futures Contracts are about to expire. Plus the 2nd Quarter ends on June 30th. July should be a good month. THIS IS NOT INVESTMENT ADVICE, THIS IS ONLY MY OPINION. -ADUMB-
huh huh 69.... yeah Butthead, 69! Shut up Beavis! 666 is cool too!
$6900 is right around the corner! Then we can work our way back through the $7000 - $8000 range. July is looking Positive! Especially since the news today that TETHER has the Reserves to back up USDT !! THIS IS NOT INVESTMENT ADVICE, THIS IS JUST MY OPINION. -ADUMB-
The 2nd Quarter is over on June 30th and the CME Bitcoin Futures Contracts expire in a week. July is truly looking like a Bull Run for Crypto! THIS IS NOT INVESTMENT ADVICE, IT IS ONLY MY OPINION. -ADUMB-