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      "body": "<html>\n<p><br></p>\n<h2><img src=\"https://oracletimes.com/wp-content/uploads/2018/07/bitcoin-1.jpg\" width=\"1500\" height=\"1000\"/></h2>\n<p>Having defended the key support of $7,455, the bitcoin bulls now need a quick move higher in order to neutralize the threat of a short-term bearish reversal.</p>\n<p><br></p>\n<p>&nbsp;As of writing, the cryptocurrency is trading at $7,481 on Bitfinex – down 12 percent from the recent high of $8,507. However, that still marks a gain of more than 30 percent from the June 24 low of $5,755.&nbsp;</p>\n<p><br></p>\n<p>&nbsp;So, it is safe to say the bullish trend is still intact. Further, BTC's solid defense of $7,455 (38.2 percent Fibonacci retracement of the rally from the June low) seen in the last 28 hours has raised the prospect of a minor corrective rally.&nbsp;</p>\n<p><br></p>\n<p>&nbsp;However, the bulls have little margin for error and the upside needs to gather traction soon as the short-duration technical studies have already adopted a bearish bias, as seen in the chart below.&nbsp;</p>\n<p><br></p>\n<p>*BTC's solid defense of $7,455 (38.2 percent Fibonacci retracement) is encouraging, but a positive follow-through needs to happen soon to invalidate the short-term bearish technical studies.</p>\n<p>*A lack of positive follow-through in the next few hours will likely yield a drop below $7,455.</p>\n<p>*A daily close (as per UTC) below $7,455 would confirm a short-term bullish-to-bearish trend change and would &nbsp;&nbsp;&nbsp;open the doors to $7,000 (psychological support).</p>\n<p>*On the higher side, a close (as per UTC) above $8,000 would put the bulls back into the driver's seat.</p>\n</html>",
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      "author": "fuji54",
      "body": "@@ -896,9 +896,9 @@\n nce \n-j\n+J\n uly \n",
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      "body": "Bitcoin may be experiencing the lower end of the probability meter for its history pattern.\n\nAt the current time, bitcoin is price at  $7,537 on coin desk and being exchanged at $7,557 on bitfinex, a 7% drop since within 24 hours, the number also breaks a key support level at $7,800.\n\nThe global cryptocurrency leader has had its price range limited to $7,600-$7,800, since breaking the $8,000 mark yesterday. Despite of all the bad news, large sell volume continues to apply downward pressure, showing a tall climb for bitcoin bulls looking to take the momentum again.\n\nIf a 24-hour report showed volume in excess of 2.4 billion, that magnitude would inspire a speculations of a reversal.\n\nRecent RSI is being oversold at 22.9l, dropping lower could result in 2 options. One being the continuation of the current slope or if it reaches numbers under 22.745 it would expose the lowest levels since july 10th and create a short-term where the price action would need to be revalued.\n\nConclusion\n\n * An RSI under 22.745 would likely cause a short term rise requiring price action to be revisited\n\n * A daily close (as per UTC) below $7,600 presents a bullish-to-bearish trend change and risks toppling the recent two- \n    week climb.",
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      "body": "Bitcoin price is teetering back and forth around $7920-8250 over the past week and could regain a strong momentum favoring a bullish market above $8,350 indicated by some charts.\n\nThe strongest cryptocurrency rotated back over $8,000 on Friday as expected after dropping from news that an attempt to establish an ETF - an investment fund tied to an underlying asset (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) was unsuccessful. Another battle lost but the war is still hopeful, the SEC is delaying the approval or disapproval until late in September.\n\nAccording to bitfinex data, the ceiling for the last 60 hours is around $8,300 and drops to the middle of the 7900s, these drops haven't remained active for long periods of time.\n\nThe price roller coaster has neutralized the immediate bullish outlook, but it is still early to see a bearish reversal pattern. Buyers might feel encouraged if the $250 trading range is moving high, resulting in a continuation of the bullish outlook.\n\nBTC witnessed a descending zig zag breakout– a continuation pattern – that alert opened the doors to a re-test of $8,507 (July 24 high).\n\nAn upside break of the wedge would solidify a descend breakout and allow a rally to the 200-day moving average of $8,468. If the rally deceases it could prove costly.\n\nWith all the information, the chance of an upward's market are higher than not. The common numbered days of moving average (30,50,100,200) are highly likely.\n\nThe overbought conditions are no longer being shown by the relative strength index, providing hope for a rally to recent high's above $8,500. The 10 day moving average favors the bulls as well.\n\nBitcoin is currently trading at roughly $7,980 at the time this is being posted.",
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      "body": "@@ -515,14 +515,8 @@\n  is \n-going \n dela\n@@ -1435,16 +1435,17 @@\n  average\n+ \n (30,50,1\n@@ -1460,22 +1460,21 @@\n are \n-trending north\n+highly likely\n .%0A%0AT\n",
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      "body": "Bitcoin price is teetering back and forth around the $7920-8250 over the past week and could regain a strong momentum favoring a bullish market above $8,350 indicated by some charts.\n\nThe strongest cryptocurrency rotated back over $8,000 on Friday as expected after dropping from news that an attempt to establish an ETF - an investment fund tied to an underlying asset (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.). Another battle lost but the war is still hopeful, the SEC is going delaying the approval or disapproval until late in September.\n\nAccording to bitfinex data, the ceiling for the last 60 hours is around $8,300 and drops to the middle of the 7900s, these drops haven't remained active for long periods of time.\n\nThe price roller coaster has neutralized the immediate bullish outlook, but it is still early to see a bearish reversal pattern. Buyers might feel encouraged if the $250 trading range is moving high, resulting in a continuation of the bullish outlook.\n\nBTC witnessed a descending zig zag breakout– a continuation pattern – that alert opened the doors to a re-test of $8,507 (July 24 high).\n\nAn upside break of the wedge would solidify a descend breakout and allow a rally to the 200-day moving average of $8,468. If the rally deceases it could prove costly.\n\nWith all the information, the chance of an upward's market are higher than not. The common numbered days of moving average(30,50,100,200) are trending north.\n\nThe overbought conditions are no longer being shown by the relative strength index, providing hope for a rally to recent high's above $8,500. The 10 day moving average favors the bulls as well.\n\n\nBitcoin is currently trading at roughly $7,980 at the time this is being posted.",
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      "body": "Pantera Capital, an investment firm focused on ventures dealing with blockchain technology, crypto assets and digital currency, reported a lifetime return of more than ten thousand percent 2 days ago on Friday the 27th. 10,135.15% to be exact, reported after the company was founded in 2013. \n\nCo-chief investment officers Joey Krug and Dan Morehead(CEO of Pantera) relayed the announcement on the fifth year anniversary of the company. The two have high hopes for bit coin, especially since launching Pantera. They sent out 2 years in 2013 noting this point.\n\nThe first email noted bitcoin would rise to $5000 USD, up from $104 at the time, stating that \"Its the first global currency since gold, the first borderless payment system ever, bitcoin dominates cash, electronic fiat money, gold, bearer bonds, large stone discs, silver, etc\" It can do extra things that those can't, on top of covering everything they are used for. \n\n\nBitcoin was trading for $253 when Morehead wrote this in the second email \n\n“In my opinion, it’s like deciding whether to buy Microsoft back in the day at $0.20 a share. It was hard to do when the stock was just at $0.10. In the fullness of time…clearly a great trade. I believe bitcoin right now is just like that. The world’s first global currency since gold and the world’s only borderless payments system (frictionless to boot) at a market cap of $3bn? Now that Silk Road is gone, a new wave of sophisticated investors are entering.”\n\n\nMorehead and Krug will be traveling over the next several months to further expand on their first Venture Fund III closing on June 30th. \n\nSome of our dates include:\n\nWashington DC, June 21 | including a Group Lunch at 12pm\n\nBerlin, June 29\n\nNew York, June 25-July 3\n\nNewport, RI, July 16–18\n\nBerkeley, July 18 | Group Lunch at 12pm\n\nWashington DC, July 19\n\nHouston, July 20\n\nLondon, July 26| Group Lunch at 12pm\n\nLuxembourg, July 27\n\nNew York, July 30-August 3\n\nAugust 1, Group Lunch | 12pm\n\nSouthampton, August 17 | Group Lunch at 12pm\n\nNew York, August 20–24\n\nSan Francisco, August 28 | Group Lunch at 12pm\n\nChicago, September 12–13 | September 12, Group Lunch | 12pm\n\nSeattle, September 13–14 | September 13, Group Lunch | 12pm\n\nHong Kong, September 17–20\n\nBoston, September 17 | Group Lunch at 12pm\n\nDurham, NC, September 17 | Group Lunch at 12pm\n\nNew Haven and Greenwich, September 18\n\nNew York, September 19–21 | September 20 | Group Lunch 12pm\n\nOrange County, CA, September 25–28 | September 25 | Group Lunch 12pm",
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