Bitcoin Breaks $7,500 Point After a Week of Solid Growth, BTC Dominance Goes Up - Bitcoin Daily News, Mon Jul 23 2018 Report

Welcome to my Cryptocurrencies Market Overview for Bitcoin on Mon Jul 23 2018.

---- BITCOIN TECHNICAL SUMMARY -----

---- Mon Jul 23 2018 -----

_{Source : TradingView}

---- NEWS -----

đŸ—	Mon Jul 23 2018
	Bitcoin Breaks $7,500 Point After a Week of Solid Growth, BTC Dominance Goes Up `Crypto markets have seen some fluctuation with a mix of red and green, no coins up or down by more than around one percent.` _{Read Source : cointelegraph.com}
	EU Parliament Study: Central Bank Digital Currencies ‘Will Reshape Competition’ in Crypto Market `A European Parliament Committee on Economic and Monetary Affairs study suggests CBDCs as a “remedy” for crypto sector competition.` _{Read Source : cointelegraph.com}
	Asian Asset Manager Focusing on Family Offices to Launch Crypto-Custody Solution `An Asian fund management firm, Fusang Investment Office, is set to launch a crypto-custodial solution in the fourth quarter of 2018.` _{Read Source : cointelegraph.com}
	Cryptowhispers: DDoS Attacks, Major Exec in Serious Crash, Twitter Drama _{Read Source : news.bitcoin.com}
	Some Crypto-Mining Operations Are Not What They Say They Are _{Read Source : news.bitcoin.com}
	UK Police Top up Budget With Proceeds From Sale of Seized... _{Read Source : news.bitcoin.com}
	New BATM Supporting BTC, BCH Launches in Sofia _{Read Source : news.bitcoin.com}
	Indian Central Bank Makes a Case Before Supreme Court Against Allowing... _{Read Source : news.bitcoin.com}

---- TECHNICAL ANALYTICS -----

Weak bulls are taking profit at the highs

_{Idea by botje11 - Open image}

So today we saw a second attempt of the bulls to break this heavy resistance zone around the 7500/7800, but again it failed. There was some heaving shorting going on at Bitmex today, selling volume kept popping in and when the price was getting to close at to the breakout some 2 mil and 4 mil sell orders were thrown in to keep control of this market. I am quite ... Read more

Bitcoin How to Trade

_{Idea by DLavrov - Open image}

Bitcoin reached SMA100 and could not break it from the 1st attempt. This resistance zone is strong and it's formed by the uptrend line, SMA100 and 7800.00 resistance level. RSI is in the overbought zone and it confirms the price reversal. MACD lines still confirm the upward movement, but MACD histogram already falls and gives a bearish signal. DMI is bullish and ... Read more

Bitcoin: 3 Ways To Spot Resistance (4 Beginners)

_{Idea by alanmasters - Open image}

Let me show you a quick way to find resistance levels, which are also known as targets when you are looking to sell for profits when trading a coin. Above you have the Bitcoin chart with 1 candle per 24 hours; Daily time frame. Bitcoin price is likely to stop at the next resistance point. Note the word "likely", because there is always the chance of the price ... Read more

Bulls are showing some sings of life, just lack of conviction

_{Idea by botje11 - Open image}

After a few week rallies to 6800 last week, lack of volume and conviction of the bulls caused that drop to the 6300/6100 levels. I gave a warning before the drop, even though i was bullish, i was very disappointed that the last rally we made got sold of at the 6800, again! Many alts have been bleeding big time lately making crypto HDOLing very painful. The past 2 ... Read more

Bitcoin

_{Idea by EXCAVO - Open image}

Moving in uptrend channel. Touched resistance line of this channel and need show correction till blue support line Read more

_{Source : TradingView}
_{Disclaimer : This post is personal opinion and is provided for informational purposes only. Don't consider buying or selling any crypto currency without conducting your own due diligence.}

---- MARKET -----

TOP GAINERS COINS LAST 24H

name	symbol	volume	price	change
adToken	ADT	$3,656,100	$0.031016	104.02%
No BS Crypto	NOBS	$138,685	$0.002556	79.71%
Holo	HOT	$7,061,540	$0.000911	64.27%
Bitcoin Diamond	BCD	$3,425,340	$5.24	50.54%
Neumark	NEU	$136,193	$0.726486	42.95%
BitMart Token	BMX	$2,316,480	$0.062516	41.32%

TOP LOSERS COINS LAST 24H

name	symbol	volume	price	change
Qbao	QBT	$556,812	$0.127298	-31.69%
CarTaxi Token	CTX	$257,751	$0.004756	-31.46%
XPA	XPA	$84,521	$0.046563	-25.70%
Cashcoin	CASH	$98,301	$0.007928	-24.42%
ValueChain	VLC	$211,410	$0.023747	-21.80%
GINcoin	GIN	$175,348	$5.66	-21.41%