Bitcoin Price Mini T.A. 4/19/2018

in #bitcoin6 years ago

Current Market Cap: $357.63B(+$19.64B in one day) Bitcoin Dominance: 39.3%(-1.4%)

BTCprice04192018.jpg

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Today I'm using three different trading tools and indicators: Bollinger Bands, Stochastic RSI and MACD.

Bollinger Bands show we are slightly above the moving average which is around $8,220.

Stochastic RSI indicate normal conditions, neither oversold nor overbought.

MACD shows we are above the Zero Line with very low volumes. Keep an eye on a drop below that ZL.

Price Targets:

Entry $7,350- $7,950

Exit $8,350- $8,950

Check Out My Last Bitcoin Post:
https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-mini-t-a-4-18-2018

Feeling Salty About Missing The Crypto Boat?
https://steemit.com/bitcoin/@hotsauceislethal/how-to-conquer-fomo-fear-of-missing-out

Don't Worry:
https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-s-hype-cycle-is-finally-here

Fantastic Documentary About Relevant STUFF! (MUST WATCH!!!)
https://steemit.com/cryptocurrency/@avii/mind-over-money-documentary

Like Bitcoin But Want To Avoid The Fees?
https://steemit.com/bitcoin/@hotsauceislethal/save-money-when-sending-crypto

Pay No Transaction Fee From Coinbase!!!
https://steemit.com/bitcoin/@hotsauceislethal/no-transaction-fee-bitcoin-trick-using-coinbase

Need A Good Laugh?
https://steemit.com/bitcoin/@hotsauceislethal/what-kind-of-crypto-trader-are-you

Keep A Strong Hand!
https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-s-increasing-dominance-and-shrinking-market-cap

*Never invest more than you are willing to lose and always do your own research before making any investment decisions. I am NOT a financial advisor and this is NOT financial advice- this material is intended for entertainment and informational purposes only. Hit "CTRL + or CTRL -" to change size of chart.
(All pictures are free domain images created by myself with the help of Coinigy.com.)

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Morgan Stanley: Bitcoin Miners Will Only Profit When Price is Above $8,600 https://ift.tt/2HdJ8A5 #bitcoin #crypto

That is based on an average cost for mining. In South Korea it is over $11,000 to mine a single BTC and in some parts of China it is as low as $3-4K! This is just a good price point to defend however for the entire market.

Btc looking nice...BCH running nicely...may be another down but then boom...
Nice post

Oh god, my dad texted me yesterday and today saying "LOOK AT BCH PRICE!" and I wanted to say back I don't care about BitcoinTrash :-D

Just another alt-coin in my book considering it has no adoption, real usage or community support.

I sent BTC yesterday and it cost me 9 cents (113 satoshis) for the transaction fee. SO much for BCH's argument about high fees and network congestion haha.

True True...:)

I like this post thanks

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