Crypto News
Learn more about cryptocurrency trading and other crypto trading tips from Market Rebellion.
Bitcoin Finds a Bottom as Risk Aversion Grips Global Markets via @bloomberg
According to Bloomberg, “Bitcoin clawed its way back from the four-month low of $5,922 it touched on Tuesday, rebounding 53 percent to $9,069. The S&P 500 Index and the Dow Jones Industrial Average both fell more than 5 percent this week, wiping out gains for the year. Emerging markets stocks and
FIBOCRYPTOCALL for 2/12/18
XBTUSD (Bitcoin) “Bitcoin has the 12/18/17 high @ 19511. Bitcoin tested the 200 DMA on 2/6 and has been making higher lows since. Up so far again today, BUT our first bounce level @ 9129 and MUST close above to BUY SOME or the downturn can come again. The 20
FIBOCRYPTOCALL for 2/9/18
XBTUSD (Bitcoin) “Bitcoin has the 12/18/17 high @ 19511. Bitcoin tested the 200 DMA on 2/6 and making higher lows since. Up so far again today, BUT our first bounce level @ 9129 and MUST close above to BUY SOME or the rollover will continue. The 20 DMA @ 10095
FIBOCRYPTOCALL for 2/8/18
XBTUSD (Bitcoin) “Bitcoin has been trending lower since the 12/18/17 high @ 19511. Bitcoin tested the 200 DMA on 2/6 and bounced. Up so far today, BUT our first bounce level @ 9129 and MUST clear of the rollover will continue 200 DMA @ 6317 below with the 20 DMA
FIBOCRYPTOCALL for 2/7/18
XBTUSD (Bitcoin) “Bitcoin has been trending lower since the 12/18/17 high @ 19511. Bitcoin tested the 200 DMA on 2/6 and bounced. Up so far today, BUT our first bounce level @ 9129 and MUST clear of the rollover will continue 200 DMA @ 6317 below with the 20 DMA
FIBOCRYPTOCALL for 2/6/18
XBTUSD (Bitcoin) We have mentioned for some time that “Bitcoin has been trending lower since the 12/18/17 high @ 19511 and we are looking for that trend to continue.” Bitcoin is now 69% below that 19511 top. Bitcoin is trading below the 50 DMA, 20 DMA , 100 DMA and
FIBOCALL: The S&P futures
How many has said the following recently? “ I am looking for a pullback to the 50 DMA”, “I am looking for a 5% pullback” The S&P futures (e-minis) ticked @ 2733 which was 5% below the 2875 high. The S&P futures 50 DMA @ 2716.80 The lower end
FIBOCRYPTOCALL for 2/5/18
XBTUSD (Bitcoin) We have mentioned for some time that “Bitcoin has been trending lower since the 12/18/17 high @ 19511 and we are looking for that trend to continue.” Bitcoin is now trading below the 50 DMA, 20 DMA , 100 DMA and filled the 11/24 gap. Support? Our VERY
FIBOCALL: S&P E-mini futures BOUNCE ZONE
The S&P e-mini bounce zone @ 2773.10-2748.20 I would be a VWAP BUYER to the bell for up to 25% of a position. Keep some dry powder and would be happy to pay high next week. S&P e-mini daily chart
FIBOCRYPTOCALL for 2/2/18 Part 2
From today’s FIBOCRYPTOCALL part 1 “BUT wait, there is MORE. Our VERY long term bounce zone @ 9835.69-7552.31 Bitcoin can attempt a short term bounce IF the 7552 level can HOLD.” Now: Bitcoin bottomed @ 7614 today, just above our 7552 line in the sand support. A 17% bounce
Bitcoin Trades Below $8k Before Bouncing From Lows
Bitcoin traded below $8k this morning, reaching levels around $7,500 before sharply rebounding back to $8,600. The cryptocurrency is down nearly 25% this week, experiencing its worst weekly loss since April of 2013. Other cryptocurrencies are following, with Bitcoin Cash, Litecoin and Ethereum all trading lower by double digits. For
FIBOCRYPTOCALL for 2/2/18
XBTUSD (Bitcoin) We have mentioned for some time that “Bitcoin has been trending lower since the 12/18/17 high @ 19511 and we are looking for that trend to continue.” The falling 20 DMA @ 11681 and the rising 50 DMA @ 13347 are both above. Bitcoin has taken another leg
FIBOCRYPTOCALL part 2 for 2/1/18
Sent earlier today “Watch the 1/17/18 low @ 9185 as next support, 8886.82 (.764 level) The 11/24 gap @ 8249.34 with the 11/13/17 low @ 5605 and the 200 DMA @ 6189” Now: Intraday below the 1/17 low AND the .764 level @ 8886.82. Support is light the 1/24/18
FIBOCRYPTOCALL for 2/1/18
XBTUSD (Bitcoin) The trend is your friend and Bitcoin has trended lower since the 12/18/17 high @ 1951. We are looking for that trend to continue. The falling 20 DMA @ 12110 and the rising 50 DMA @ 13348 are both above. Bitcoin looks poised to take another leg LOWER
FIBOCRYPTOCALL for 1/31/18
XBTUSD (Bitcoin) Bitcoin has trended lower since the 12/18/17 high @ 19511 and we are looking for that trend to continue. The falling 20 DMA @ 12405 and the rising 50 DMA @ 13330 are both above. A close above the 50 DMA and 20 DMA is needed to get
Facebook Bans All Ads Involving Cryptocurrencies
According to Facebook.com, “We’ve created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency.” Facebook goes on to state, “We want people to continue to discover and learn about new
U.S. Regulators Subpoena Crypto Exchange Bitfinex, Tether via @Bloomberg @christsiolis
According to Bloomberg, “U.S. regulators are scrutinizing one of the world’s largest cryptocurrency exchanges as questions mount over a digital token linked to its backers. The U.S. Commodity Futures Trading Commission sent subpoenas on Dec. 6 to virtual-currency venue Bitfinex and Tether, a company that issues a widely traded coin and
FIBOCRYPTOCALL for 1/30/18
XBTUSD (Bitcoin) Bitcoin has trended lower since the 12/18/17 high @ 19511 and we are looking for that trend to continue. The falling 20 DMA @ 12687 and the rising 50 DMA @ 13306 are both above. A close above the 50 DMA and 20 DMA is needed to get
FIBOCRYPTOCALL for 1/29/18
XBTUSD (Bitcoin) Bitcoin has trended lower since the 12/18/17 high @ 19511 and we are looking for that trend to continue. The falling 20 DMA @ 12876 and the rising 50 DMA @ 13249 are both above. A close above the 50 DMA and 20 DMA is needed to get
FIBOCRYPTOCALL for 1/26/18
XBTUSD (Bitcoin) Bitcoin has trended lower since the 12/18/17 high @ 19511. The falling 20 DMA @ 12988 with the rising 50 DMA @ 13186 A close above the 50 DMA and 20 DMA is needed to get short term traders long again. Bitcoin looks poised to take another leg