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BTCUSD Daily — August 6 2018

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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

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

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

Daily Altcoin Events

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

Bitcoin logo courtesy of bitcoin.org

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