The 50 DMA is flattening out and the 200 DMA is accelerating movement down as well. It does appear that the two will cross again in Late-September/Mid-October time frame. That would probably be the best time to buy BTC again. Best of luck to all you out there.
Currently stuck in the death cross, BTCUSD will likely to keep dropping near the 4500-6500 range. The last time this happened was on 9/4/2014 and ended on 10/27/2015, nearly 11 months. From the price action, this could take 2 years or less, depending on volume, which there is no fresh fiat into the market cap. Major reasons:
1. Banning the use of credit cards to...
Verdict is still out on IOTX even with the competition occuring in Binance. Perhaps BTC instability is not helping, though I still think BTC will still drop down below 5K soon as we are mirroring the 2014 BTC market.
