#Short Daily Crypto Signals 07.02.18

1. Only BTC will give us two completely opposite formations. Inverse H & S which is VERY BULLISH. With a bear flag formed again which broke down last time. It appears BTC is definitely trying to make a decision. If it breaks down we should see 5k. If it breaks up we could see around 9500.
   

2. https://www.banking.senate.gov/public/index.cfm/hearings?ID=D8EC44B1-F141-4778-A042-584E0F3B9D39

SEC speaking to the senate about crypto regulations

OUTCOMES OF THE SEC MEETING.

1. ICOs must be regulated in order to save investors money, which will be great for the whole crypto space.
2. New tokens must be seen with better depth analysis in order to sustain.
   3.Educations about Cryptocurrencies and Bitcoins must be prioritized.
   4.BITCOINs are in 2 ways commodity and a currency as a value of exchange.
   5.New reforms and better people must be recruited in order to develop this new tech.
   IN A NUTSHELL SO FAR, THE MEETING WAS BULLISH AND WE MIGHT SEE SOME GOOD REGULATIONs COMING IN IF EVERYTHING GOES WELL..WE WILL KEEP YOU UPDATED