Crypto Surfing 7/24/2018 (technical charts, datadash, bad youtube content)
--morning--
btc about to hit $8000, global crypto market cap is about to hit $300 billion. work has got me slammed today... my supervisor is crazy sometimes.
--charts--
Bitcoin is breaking out of an expanding channel and looks to be heading parabolic... maybe. last week i called the resistance point at $8400, we will need to get above this to find new support. but it is looking like it is about to launch... i'd say sooner than later but it looks like we are pretty over extended on the RSI.
--morning drive and datadash--
I was listening to datadash this morning on my drive to work... thats when i listen to most of my information.
he was saying he was dissapointed in the corruption he has learned about in the crypto space, specifically with ICO's and how it was starting to burn him out of making videos. today he came back saying that hes going to start taking suggestions for what his viewers want to hear about so maybe he will be back to his usual self soon... that guy is such a cool dude that i'd hate to lose him from teaching. i hope the regulation that comes one day will be fair and profitable as long as you follow the rules... not to strict but definitely punitive towards scams. crypto definitely needs help with that as a whole.
--other youtubers content--
i have made a handfull of videos i believe in and i know it has to get tough to come up with constant information, but lately some key crypto youtubers i watch are just making hype garbage. the modern investor just cant wait. he makes good stuff when theres alot to report but alot of what he has to say in the down time is just hype news like something about an announcement by a company that is thinking of doing something, or weather bitcoin is a scam for the 5th time, or why ripple is amazing for the 12th time... ivan on tech has been making really weird click bait graphics for his videos as of late and ending every episode title with a question mark... it is more like just general discussion on his channel lately. box mining has a video with a nintendo switch as the art clip. the switch screen had a picture of eth on it.... i saw that and thought, wow wallets on game systems now? but it was actually just click bait to get you to listen to him say something that was obvious....it was garbage... hopefully they will improve or have more to talk about soon. like i said... it is hard to be informative 24/7 and motivated.