Important week on the Bloomberg Galaxy Crypto IndexI like to use the Bloomberg Galaxy Crypto Index (BGCI) to get an overall View on where the Crypto Market is heading in general. If you aren't familiar with this index, please visit:
data.bloomberglp.com
Please take the time to follow Cryptorae on Twitter if you like this chart :-)
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This week is really important for the cryptomarket in general - Bitcoin volatility is down to a minimum and everybody is keeping their breath - hopefully we will get a major move upwards - but as always in Crypto: Be prepared for the worst!
Marketanalysis
Time to Moon BTCUSDT - 23/06/2018www.tradingview.com
BTCUSDT Market Analysis (T.A)
23-06-2017
No 1: Are ready to go bullish;
Making reference to the
all-time strongest support?
No: 2
If BTC breaks this support,
We head straight down to $5800
or probably below.
Which seems to be like another
support zone.
No 3: Fib R. shows that BTC/USDT
Has retraced below 78.6% level, which
indicates a strong support zone $6077
on all time frames
No: 4- Other indicator, RSI shows a
oversold.
Conclusion: This is temporary bear,
for a long bullish for BTCUSDT
Happy Trading
Proventio