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Archive

BTCUSD Daily — August 6 2018

Author

UseTheBitcoin

Tags

Reading time

2 mins
Last update

Author

UseTheBitcoin

Tags

Category

Archive

Reading time

2 mins
Last update

Author

UseTheBitcoin

Tags

Reading time

2 mins
Last update


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The BTC/USD Daily report for August 6th, 2018.

The 1 day range for BTC is $6940- $7153. It is currently down 0.89% in the last 24 hours.

Today’s BTC/USD Headlines

 

  • “The coffee chain, in an an email to tech and science publication Motherboard, said that “it is important to clarify that we are not accepting digital assets at Starbucks.”

 

 

  • “The latter is looking at issues such as trading fees and the level of assistance that these financial advisers provide.”

 

 

  • “OKEX released this statement on August 3rd explaining that a very large trade occurred, that it had losses that surpassed the exchanges’ obligation to support, so they are enacting “the societal loss risk management mechanism”.

 

 

BTC/USD Trading Technicals

Screen Shot 2018 08 06 at 5.01.59 PM

Technicals from Tradingview.com

 

Even with the good news out of ICE and the New York Stock exchange, the majority of signals have BTC/USD daily STILL at a sell; with all most averages signaling a strategy for shorting.

 

BTC is up a bit on the 24 hour chart and has fueled some rise from altcoins as well;

 

BTC/USD Trading Charts

T.A. from user botje11 with a BTC short outlook

Screen Shot 2018 08 06 at 5.08.40 PM

T.A. from user ttrending with a BTC short outlook

Screen Shot 2018 08 06 at 5.02.57 PM

Daily Altcoin Events

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