bitcoin PNG47 - BTCUSD Daily — August 6 2018

BTCUSD Daily — August 6 2018

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 300x197 - BTCUSD Daily — August 6 2018

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 1024x443 - BTCUSD Daily — August 6 2018

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

Screen Shot 2018 08 06 at 5.02.57 PM 1024x442 - BTCUSD Daily — August 6 2018

Daily Altcoin Events

Many altcoins featured on this list can be traded on Binance.

Bitcoin logo courtesy of bitcoin.org

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