Here's when Analysts Expect Bitcoin to Print A $1,000 Candle

Bitcoin and the aggregated cryptocurrency market have been consolidating for two months now This trend isn’t showing any signs of letting up anytime soon either, as BTC has been posting some of the tightest consecutive candles that it has ever seen BTC’s trading volume has been declining in tandem with this, signaling that market participants have virtually all moved to the sidelines Analysts are still expecting the benchmark crypto to post a $1,000 candle once this trading range resolves One such trader believes that this could happen in the coming few weeks, and provide guidance for the crypto’s trend throughout Q3 and Q4 Bitcoin is currently trading at the same price level it has been caught at for the past several days and weeks. The cryptocurrency has shown no signs of shattering the resistance and support levels that have pinned it in its current price position, and a lack of trading volume has made it virtually impossible for bulls or bears to spark a clear trend. The tight trading pattern seen throughout the past few days has come about after two months of range-bound trading between $9,000 and $10,000. It remains likely that once this sideways trading does resolve, the sidelined traders will flood back into the market and help perpetuate a massive movement. Bitcoin Continues Hovering at $9,100 as Bulls and Bears Reach an Impasse At the time of writing, Bitcoin is trading up marginally at its current price of $9,070. BTC has been hovering around $9,100 for several weeks now, struggling to garner any clear momentum. Earlier this week, buyers did attempt to push it past its near-term resistance at $9,300, but this movement was met with a sharp influx of selling pressure that caused its price to decline to lows of $8,950. From this point, it has been sitting around its current price level. One analyst noted in a recent tweet that although Bitcoin is currently trading within a “neutral” range, it is fast approaching the apex of a triangle formation that could catalyze a more definite trend. “Regardless of the pattern, greater trend still appears to be in a ‘neutral’ range. Buy and ride the breakout – don’t get chopped in the middle,” he advised. Image Courtesy of Teddy. Chart via TradingView. Trader: BTC Likely to Print a $1,000 Candle in Near-Term Another popular trader agrees with the notion that Bitcoin is on the cusp of making a trend defining movement. He explained that he anticipates the crypto to make a sharp $1,000 movement in either direction in the near-term, which will provide the crypto with trend guidance for Q3 and Q4 of this year. “BTC HTF Update: This price action is insanely boring… Expecting a large $1000 candle soon enough in either direction on the breakout of this range, this will probably give us a clear indication for Q3/Q4 movement,” he said. Image Courtesy of Cactus. Chart via TradingView. Because BTC has been flashing neutral signs, it remains unclear as to which direction this candle will be. Featured image from Shutterstock. Charts from TradingView.

53% Of Bitcoin Option Just Expired, Marking a Historic Milestone.

Bitcoin and Ethereum just saw their largest respective options expiry ever, marking a major milestone for the cryptocurrency market This expiry took place earlier today and it did not coincide with any intense volatility, despite what some analyst had forecasted It now appears that the volatility associated with this event did occur earlier this week It is possible that the options expiry, and investors’ anticipations about it, helped fuel the recent Bitcoin decline to lows of under $9,000 Bitcoin just saw its largest options expiry ever. This marks a major milestone for the benchmark digital asset, as its options market has been growing at a rapid pace throughout 2020. Until recently, the market dynamics seen were largely influenced solely by margin trading, but an evolving landscape signals that options and futures both may play a larger role in how Bitcoin trades going forward. Some analysts do believe that today’s expiry did contribute to the recent price decline to the lower-$9,000 region. Bitcoin Sees Largest Options Expiry Ever Earlier today, over half of the total Bitcoin open interest expired. This marked the largest options expiry ever seen by the benchmark crypto. According to data from options trading platform Deribit, these option s contracts were worth a total of 74,000 Bitcoin, having a notional value of $675 million. Ethereum also saw a historic expiry today, with contracts worth 309,000 ETH expiring. This only marked 43% of the total outstanding open interest with a notional value of $71 million. Deribit spoke about this data in a recent tweet, saying: “BTC: 74k BTC out of 138k total OI in BTC options has just expired or 53% with a notional value of approximately USD 675 million. ETH: 309k out of 717k total OI in ETH options has just expired or 43% with a notional value of approximately USD 71 million.” The reason why this is significant is that the options market’s growing popularity points to a maturing Bitcoin and crypto market. Options Expiry Fails to Spark Any Volatility Over the past couple of weeks, many investors and traders had been pointing to today’s expiry as a potential catalyst for volatility in the market. Despite this, Bitcoin has remained rather flat today. One explanation for why this was a non-event is because its effects may have already been priced in earlier this week when the crypto reeled down towards $9,000 from highs of $9,800. Bitcoinist reported about this possibility yesterday, citing one analyst who said: “It seems to me the volatility everyone expects for the June 26 options expiry already happened…” As the options market continues growing, its influence over Bitcoin’s price action will likely grow. Featured image from Shutterstock.

Brave Comes Under Fire For Binance Affiliate Link Autofill

Brave appears to have removed a controversial feature that was auto-filling the company’s affiliate link when a user attempted to access Binance.

Crypto-powered privacy-focused web browser Brave has come under fire for automatically filling an affiliate link into its address bar when a user attempts to access the website for leading crypto exchange Binance and its United States-based subsidiary Binance.US.

Brave’s co-founder and chief executive, Brendan Eich, has acknowledged the “mistake,” pledging that the error will soon be corrected to remove the automatic completion of its affiliate link after the situation gained traction on crypto Twitter.

“Brave default autocompletes verbatim Binance.us in the address bar to add an affiliate code. We are a Binance affiliate, we refer users via the opt-in trading widget on the new tab page, but autocomplete should not add any code,” tweeted Eich.

Brave embroiled in affiliate link controversy

After gaining controversy on Twitter, Brave has announced it will remove a function that forcefully inserts the company’s affiliate link into its address bar when users access Binance’s website.

Eich thanked members of the crypto community for identifying the issue and providing feedback to the company, and sought to assure the community that the error will quickly be fixed.

 Eich said:

“The autocomplete default was inspired by search query clientid attribution that all browsers do, but unlike keyword queries, a typed-in URL should go to the domain named, without any additions,”

“Sorry for this mistake — we are clearly not perfect, but we correct course quickly,” he added.

Prominent crypto analyst, Whale Panda, also posted that the browser has been similarly inserting affiliate links into the address of users seeking to access top U.S.-based exchange Coinbase, and leading hardware wallet manufacturers Ledger and Trezor.

Brave popularity grows

In recent days, Brave reported that its active monthly user base has exceeded 15 million — a more than 100% annual increase. Roughly one-third of Brave’s monthly users utilize the browser every day.

A recent episode of the Joe Rogan Experience podcast saw the host and guest Reggie Watts discuss internet-based operational security, with the pair advocating for Brave’s use.

Brave Comes Under Fire For Binance Affililiate Link Autofill

Brave appears to have removed a controversial feature that was auto-filling the company’s affiliate link when a user attempted to access Binance.

Crypto-powered privacy-focused web browser Brave has come under fire for automatically filling an affiliate link into its address bar when a user attempts to access the website for leading crypto exchange Binance and its United States-based subsidiary Binance.US.

Brave’s co-founder and chief executive, Brendan Eich, has acknowledged the “mistake,” pledging that the error will soon be corrected to remove the automatic completion of its affiliate link after the situation gained traction on crypto Twitter.

“Brave default autocompletes verbatim Binance.us in the address bar to add an affiliate code. We are a Binance affiliate, we refer users via the opt-in trading widget on the new tab page, but autocomplete should not add any code,” tweeted Eich.

Brave embroiled in affiliate link controversy

After gaining controversy on Twitter, Brave has announced it will remove a function that forcefully inserts the company’s affiliate link into its address bar when users access Binance’s website.

Eich thanked members of the crypto community for identifying the issue and providing feedback to the company, and sought to assure the community that the error will quickly be fixed.

 Eich said:

“The autocomplete default was inspired by search query clientid attribution that all browsers do, but unlike keyword queries, a typed-in URL should go to the domain named, without any additions,”

“Sorry for this mistake — we are clearly not perfect, but we correct course quickly,” he added.

Prominent crypto analyst, Whale Panda, also posted that the browser has been similarly inserting affiliate links into the address of users seeking to access top U.S.-based exchange Coinbase, and leading hardware wallet manufacturers Ledger and Trezor.

Brave popularity grows

In recent days, Brave reported that its active monthly user base has exceeded 15 million — a more than 100% annual increase. Roughly one-third of Brave’s monthly users utilize the browser every day.

A recent episode of the Joe Rogan Experience podcast saw the host and guest Reggie Watts discuss internet-based operational security, with the pair advocating for Brave’s use.

Bitcoin Braces for $11,000 On weaker Dollar Demand

Bitcoin rose above $10,000 in an overnight rally Monday for the first time since May 8, 2020. The gains surfaced as investors sold the US dollar for riskier assets amid optimism about economic recovery. Other factors, including the U.S.-China tensions and the stock market’s upside, also contributed to the rally. Bitcoin rose Monday in a surprising rally that took its price up by almost $1,000 in less than 12 hours. BTCUSD jumps $10,000 price level | Source: TradingView.com The benchmark cryptocurrency climbed 10.17 percent to $10,428 ahead of the UTC midnight close. The wild move uphill helped bitcoin break above crucial technical resistances defined by a long-term descending trendline and a $10,000 price level. It further indicated traders’ likelihood of testing $11,000 in the coming weeks. Weaker Dollar The moves in the bitcoin market took its cues from supportive macro fundamentals. On Monday, the WSJ Dollar Index, which measures the greenback against 16 other currencies, plunged 0.57 percent to 92. Observers noted that investors sold the dollar to buy riskier currencies, a sentiment that may have fueled the bitcoin price rally above $10,000. WSJ Dollar Index falls in three back-to-back sessions | Source: WSJ The index was trading at a new year-to-date high – near 97 – in March 2020. The month saw almost every risky asset falling to its record yearly lows amid a global market rout. The meltdown appeared as major economies entered a lockdown stage amid a fast-spreading virus pandemic. Investors sold other assets, including Bitcoin, to seek safety in the US dollar. But the situation is now flipping back towards normal. The number of infections and deaths caused by the virus dropped in the U.S. Europe, and China. It prompted governments to ease lockdown restrictions, leading to a modest rise in factory activity. Chris Turner, the head of the Forex strategy at ING Bank, said the confidence is slowly returning into the market, which is prompting investors to short the dollar and move into riskier alternatives. The fiat homecoming, overall, is leaving Bitcoin in a healthier state. The U.S.-China Rift Bitcoin’s tick above $10,000 also appeared against the backdrop of an escalating geopolitical rift between the U.S. and China. Traders pinned their sentiments on Donald Trump’s repeated warnings to Beijing over their controversial Hong Kong security law. While the U.S. president is yet to take substantial action against the mainland, investors have already started weighing in the possibilities of yet another trade war. The sentiment surfaced after China ordered its regional companies to temporarily stop the purchasing of U.S. farm products, including soybeans. “If it is true China will buy [fewer] soybeans, it will increase the chances of escalation with the U.S.,” Seema Shah, chief strategist at Principal Global Investors, told WSJ. Bitcoin tends to react positively against a trade war. The cryptocurrency rose by more than 200 percent against the one that started in 2019. Traders believe it would perform a similar upside stunt as worries over the new “cold war” between the U.S. and China rise.

Art Works

These are some of the work that most be replicate.

Binary Options Technical Indicators That Work!

Technical indicators that work in binary options trading, can dramatically improve the opportunity for success as a trader. An integral aspect, to enhance winning, is to have a system that utilizes indicators from three main categories, which signal the optimal time to enter a trade with a trader's confirmation of market movement.
In this article, I will articulate the three main categories of indicators, that when utilized in combination, a trader can gain the upper hand and improve the opportunity of winning a trade.
1  The first category of indicators that a binary options trader may utilize, in order to assist in analyzing the markets, are momentum indicators. An example of indicators in this category include those that measure "relative strength of a trend" (RSI) or a "moving average convergence/divergence" indicator (MACD) that may reveal the change in market momentum. The changes in momentum analyzed by the MACD indicator may include direction, duration and strength which all encompass momentum of a moving market.
2  The second category of technical indicators are comprised of trend indicators. An example of trend indicators may include "Moving Averages" (MA) which may indicate support and resistance levels, "Bollinger Bands" (BB) which measure a moving average of highs and lows based on previous trades and "Parabolic SAR" (Stop and Reverse) indicators. These type of indicators measure potential market trends as they develop and can assist the trader in analyzing the optimal time to enter a trade.
3  The third category of technical indicators are volatility indicators. An example of volatility indicators include "Standard Deviation" (SD), which measures and quantifies variations in market movement at a set value, or the "Keltner Channel" which measures market flow through moving averages and channel lines that are set at a certain value range above and below the moving averages (MA). These type of volatility indicators provide important value to range trading in response to market highs and lows.
There are many other indicators that can assist the trader in analyzing market conditions in the three main categories of momentum, trend and volatility. Some of the indicators mentioned above such as MA's and BB's may also crossover or overlap in another category. The important aspect of utilizing indicators is having a combination that strikes the categories of momentum, trend and volatility in order to analyze the best markets condition that optimize a trader's opportunity for profit.
In optimizing the opportunity for profit, the trader may also utilize a customized set of indicators that alerts the trader on when certain market conditions have been analyzed, and signals when a combination of set parameters have been met. These type of custom indicators can be the best alerts for the trader to analyze and confirm market conditions before entering a trade.
There is no magic formula for the trader, for experiencing a high winning percentage of trades. The diligence in properly utilizing indicators, in combination with analyzing and confirming market conditions, is the formula that best enhances the trader's opportunity for success and earning profit from trading.
A customized set of these technical indicators, that work together to signal the trader monitoring the market, can dramatically enhance the opportunity for a winning trade and earning consistent profit. Developing a reliable trading system that signals the trader can be a complex task that is best suited for experienced market traders that understand price action. The complexities of a system can be made by an experienced developer and can be simple to use. A system developer that understands market dynamics will be able to create a system that takes into consideration indicators from the three main categories. For the trader, utilizing a customized trading system can make trading as simple as listening to audio and looking at visual alerts that confirm the best opportunity for a winning trade.