Crypto Fundamental and Technical Analysis : 16/10/2108

It is October 16th, 2018: Here is today's important Fundamental and Technical Details here:

BTC dominance is currently at 54.1% (-0.5%). The total market cap is currently at $211.1 billion (+ $12.2 billion). The market volume of the last 24h was $22.2 billion (+ $12.6 billion).

Fundamental analysis

Third Top Cryptocurrency Exchange OKEx Lists Four Stablecoins at Once

https://cointelegraph.com/news/third-top-cryptocurrency-exchange-okex-lists-four-stablecoins-at-once

**Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally
**

https://www.ccn.com/bitcoin-may-have-just-experienced-its-final-shakeout-before-a-big-rally/

Bitfinex Says Withdrawals Are Fine, But Crypto Exchange Customers Disagree

https://www.coindesk.com/bitfinex-says-withdrawals-are-fine-but-crypto-exchange-customers-disagree/

Technical analysis

Daily time frame :

BTC made huge pump yesterday from $6200 all the way up to $6800. After that it consolidated in $6400 area!

Tether rumors crashed tether one more time! Looks like other stablecoins are taking the place and that USDT is out of game!

Avoid being in USDT because it is currently the riskiest option! For margin trading, we are looking for both possibilities because we are targeting small moves since the market is very uncertain and in case you are opening swing with wider stop loss, that stop loss could be executed too far and loss could be huge!

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