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We have had a HUGE shift in the world of crypto. Whether or not you believe DeFi is a bubble inside of a larger bubble swelling in crypto, the fact is for right now… at this moment, it’s all that matters and the opportunities are endless. Using an effective crypto investment strategy can help you take advantage of these opportunities and increase your gains.
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Upon checking crypto Twitter, cryptocurrency sub-Reddits, and elsewhere in the crypto space, investors are exceptionally bullish on Ethereum compared to Bitcoin. Long positions in Ethereum continue to skyrocket, and the amount of ETH locked up in DeFi grows by the day. Yet a dead accurate sell signal has just triggered on both ETHUSD and ETHBTC price charts that suggest the largest altcoin in the space is soon going to see a strong correction. Ethereum continues to struggle with resistance at $250, much like Bitcoin fails to hold above $10,000 per BTC. Ethereum, however, remains down 82% from the asset’s former all-time high set, while Bitcoin sits pretty at nearly a full 50% recovery. The asset set the record just as the crypto bubble began to burst in January 2018. Related Reading | Crypto Confusion: Long-Legged Doji Across Altcoin Market Hints At Trend ChangeThe price per ETH token then collapsed to as low as $80. Current prices represent an over 200% return, but another 475% would be needed to get back to the record of over $1,400. The upcoming ETH 2.0 launch, a massive surge in the growth of decentralized finance, and general bullish sentiment surrounding the altcoin caused a powerful, nine-week-long rally to kick start the new year, but Black Thursday sent ETH prices tumbling back toward lows. Ethereum also fell over 85% on the ETHBTC trading pair from the January 2018 peak. Since that bottom on the crypto to crypto trading pair, the second-ranked crypto asset has grown by over 54%. That meager recovery is now in jeopardy, as the TD Sequential indicator has issued a 9 sell setup on the ETHBTC trading pair. The recent Bitcoin crash saw capital flow into altcoins, but this dead accurate signal may be an omen that things could soon get worse. Related Reading | Analyst: Crypto May See an Extended Bear Market Until September 2020Indecision candles on the total altcoin chart paired with Bitcoin are visible on the weekly and monthly timeframes, suggesting that investors are at an impasse and aren’t sure where prices are headed. Adding insult to injury, the same signal has appeared on the ETHUSD pair. Considering how accurate the TD 9 signal has been recent, there’s a strong possibility that prices will soon be headed down, both in terms of USD and BTC value. The TD Sequential indicator was designed by Thomas Demark, and recent signals triggered across Bitcoin and other crypto assets on the weekly immediately led to a selloff on Monday as the new weekly opened. The same signal also called Ethereum’s top in January 2018 on the ETHUSD trading pair. Given the signal’s accuracy in the past, a drop in the days ahead is probable.
All data is taken from the source: https://www.newsbtc.com/
Article Link: https://www.newsbtc.com/2020/06/04/dead-accurate-sell-signal-ethereum/
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Dead Accurate Sell Signal Sets Up Ethereum For Epic Drop Against Bitcoin: https://www.youtube.com/watch?v=Y9hhJdsccHo
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Here are the stories we are following this week in the Category5.TV Newsroom:
03:57 – In what the BBC says is their biggest test of machine-generated journalism so far, BBC News published a news story for every constituency that declared election results overnight – all written by a computer.
07:16 – A Russian police raid on Nginx’s Moscow office last Thursday has raised concerns among users of the popular web and proxy server software.
15:36 – It’s clear that Linux is ruling the world of supercomputers as the latest from Top500 reports that Linux is now the operating system of choice on all of the fastest 500 supercomputers in the world.
18:19 – In late January, the wife of a cryptocurrency-exchange founder testified that her husband inadvertently took at least $137 million of customer assets to the grave when he died without giving anyone the password to his encrypted laptop. Now, outraged investors want to exhume the founder’s body to make sure he’s really dead.
Honorable Mentions:
01:16 – HP is fighting a very real environmental problem by building their laptops out of ocean-bound plastics.
02:16 – A new high-end Linux laptop has launched that is more powerful than a Macbook Pro, and could even give System76’s Oryx Pro a run for its money.
Full Stories: https://category5.tv/shows/newsroom/episode/637/
Crypto Report: https://category5.tv/cryptoreport/
On this episode Gary talks about the death of Litecoin’s Litepay.
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Join Gary for these quick weekday morning news briefs from the world of cryptocurrency – Produced by https://CryptoCousins.com.
DISCLAIMER: This article should not be taken as is, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.
Like, comment and SUBSCRIBE for the latest news, analyses and interviews on Bitcoin & cryptocurrency!
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Will Heasman goes through today’s news, looking at Facebook’s potentially dead cryptocurrency venture and at a bearish new prediction for Bitcoin.
Alessio Rastani: The Bitcoin Surprise Move NOBODY is Expecting – https://www.youtube.com/watch?v=VzHyvCyImBc&t=541s
BITCOIN WILL DROP TO $4000 IN ‘WILDCARD MOVE’ BEFORE RALLY: ANALYST:
Facebook Admits to U.S. SEC That Libra Might Not Launch at All:
https://www.cryptoglobe.com/latest/2019/07/facebook-admits-to-u-s-sec-that-libra-might-not-launch-at-all/
#Bitcoin dead cat bounce or recovery? Will we inevitable fill the CME Futures gap at $8.5k? $BTC could surge if Facebook’s congressional hearings end positively, best accumulation strategy, $ICX Fee 2.0, $DEEP IEO, crypto news, and more!
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2:26 Markets 〽️
10:57 Dollar Cost Average Calculator: https://dcabtc.com/
19:09 Waiting on Facebook? https://www.coindesk.com/bitcoins-price-could-rise-if-facebooks-crypto-survives-congress-hearings
21:46 This is a bull run: https://twitter.com/hgruschinski/status/1150749925715714049
22:38 Santander update: https://dailyhodl.com/2019/07/14/ripple-adoption-expands-as-banking-giant-santander-launches-new-payment-corridor/
23:07 ICON (ICX) Fee 2.0: https://medium.com/helloiconworld/icon-unveils-new-transaction-fee-system-fee-2-0-7d70b08017da
24:18 DeepCloud AI (DEEP) AMA: https://youtu.be/xF1F0Wbaf3g
📺 Andreas Antonopolulos Lightning Network: https://www.reddit.com/r/Bitcoin/comments/cdadss/even_andreas_antonopoulos_makes_the_comparison/
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DISCLAIMER: I am not a financial advisor. This is not financial advice. This is just my opinion. Always do your own research before investing. I am not responsible for your trades…
CRUCIAL BITCOIN LEVEL BREACHED!! $10K $BTC IMMINANT?! $5B TETHER BURNED!
https://youtu.be/3tAc-RBNiuA
Watch this video again because it’s awesome:
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Crypto is dead, and it’s the best thing to ever happen to crypto. What the heck do I mean? Well, crypto as we know it is dead, and it needed to happen. ICO’s and influencers who shill them are being cracked down on, people aren’t investing wildly and blindly like they used to, and more attention is being lent to WHY crypto is important and what projects truly deserve the investment. It is my solemn belief that the bad habits that led to this crash in the first place can provide a platform of learning and precedent for a strong rebound in the coming year or beyond. Crypto is dead, but it is only the beginning of a much greater movement. The Ethereum FUD and the bitcoin crash are no match for the long-term power of this movement.
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🛑DISCLAIMER: The information in this video is an opinion and is for informational purposes only. It is not intended to be investment advice, nor does it represent any entity’s opinion but my own. Seek a duly licensed professional for investment advice. I am not guaranteeing you gains on your investment and the content I produce is my own personal approach and strategy that I’ve had success with investing in cryptocurrency.
🔺 This video and description may contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. Most often, I include links to products when I do product reviews, but I will never push a product I do not use myself and totally believe in! The commission I receive for clicks is directly reinvested into the creation of great content on this channel, and I thank you for your support.
#hashoshi
Bitcoin has been declared dead over 300 times…
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Meet Andreas Antonopoulos 1:02
Crypto Market Analysis 2:03
Bitcoin Technical Analysis 2:35
Facebook Crypto Announcement 5:53
XRP Zurich Office 6:38
SL Benfica Accepts Bitcoin 7:14
Microsoft Verisol 8:05
9 Ways to Lose Crypto 8:42
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To appease money-hungry lawyers and irresponsible people, it should be known that I AM NOT A FINANCIAL ADVISOR and THIS IS NOT INVESTMENT ADVICE. I am merely educating and entertaining. What you do with your own money is your own responsibility. Seek the counsel of an intelligent financial advisor (good luck finding one) before investing yours or anyone else’s money.
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. In limited circumstances the speaker has been compensated by a third party. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This is not an offer to sell securities. Never invest more than you can afford to lose. You should consult with your professional advisors before purchasing any cryptocurrencies.
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In this Video: The End of Bitcoin Mining – Crypto Mining is DEAD
Tags: bitcoin mining, bitcoins investment, mining rig, mining bitcoins, crypto investor, cryptocurrency investing, brucewannng, financial freedom, personal finance, real estate investing, passive income, the end of bitcoin mining,bitcoin mining,cryptocurrency news,mining rig,asic,bitmain,bitcoin price,mine,nicehash,crypto mining,altcoin,cryptocurrencies,bitcoin price prediction,boxmining,Crypto Mining is DEAD,cryptocurrency mining,is it profitable to mine bitcoin,bitcoin mining profitable,can you make money mining bitcoin,gpu mining,gpu mining dead,how to mine,how to mine bitcoin,bitcoin miners,btc mining,asic mining,mining profits,bitcoin investment, #bitcoinmining #GPUmining #nicehash
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This is the END of Bitcoin Mining Follow Up Video. Since Crypto Mining is DEAD I’ve decided to sell all my equipment on eBay. GOODBYE, my little mining babies 😭😭😭. I’ve already sold one GPU I have 2 more to go.
1. Buy Bitcoins: http://bit.ly/BWCoinbase
2. Best Crypto Exchange: http://bit.ly/BWBinance
3. Robinhood: http://bit.ly/RHBruce
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Mining Rig Setup:
GPU: GTX1080ti SC2: http://amzn.to/2ysdITi
Motherboard: ASUS PRIME Z270-A:http://amzn.to/2gJCK8C
Memory: Crucial 8GB: http://amzn.to/2yszMhX
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Electricity Usage Monitor: http://amzn.to/2xJnA9d
Wifi USB: TP-Link N150: http://amzn.to/2ztLgQP
KIT: https://kit.com/BTCBruce
THE TOOL I USE TO BUILD MY YOUTUBE CHANNEL!
▶http://bit.ly/Tubebuddybw
▶http://bit.ly/VidIQBruce
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Follow ME:
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Tags: bitcoin mining, bitcoins investment, mining rig, mining bitcoins, crypto investor, cryptocurrency investing, #sellingonebay, #Bitcoinmining, personal finance, real estate investing, passive income, #GPUmining, the end of bitcoin mining,crypto mining,Crypto Mining is DEAD,btc mining dead,bitcoin mining,bitcoin mining is dead,gpu mining dead,bitcoin mining dead,cryptocurrency news,mining rig,nicehash,altcoin,cryptocurrencies,bitcoin price prediction,cryptocurrency mining,is it profitable to mine bitcoin,bitcoin mining profitable,gpu mining,bitcoin miners,mining profits,bitcoin investment,stop bitcoin mining,nicehash sucks,nicehash hacked,pokemon cards,yugioh
Disclaimers: All opinions are my own. Links in the description are typically affiliate links that let you help support the channel at no extra cost.
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Investigative reporter and cryptocurrency expert Ben Swann joins the News with Rick Sanchez, live from the North American Bitcoin Conference in Miami, Florida.
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All praises to Yahawah BaHaSham Yahawashi BaHaSham Rawchaa Qadash, Double Honors to the Apostles and Elders of GreatMillStone, Salutations to all the hopeful elect scattered abroad
( The Elect ) around the world teaching the word in sincerely and truth.
Is the Bittrex exchange still worth trading your cryptocurrency on?
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