Bitcoin Technical Analysis & Crypto News Today: Huge news in Bitcoin today, Starbucks will accept Bitcoin in the future. The announcement from Intercontinental Exchange (ICE) came today that a partnership with Starbucks and Microsoft will help spread mass adoption in Bitcoin. Also, will the Bitcoin triple bottom formation take Bitcoin to $14,000? Well, my technical analysis says YES, so watch the video to learn more!

1:04 Triple Bottom Update
3:18 RSI & Stoch RSI
5:35 Support & Fibonacci
7:13 EMA’s & MA’s
10:19 BTC Dominance
13:38 ICE & Starbucks (NEWS)

Patreon: https://www.patreon.com/themooncarl
Discord: https://discord.gg/P5zPEAv

Thank you to my Gold Patrons:
Andrew Arumugam
Andrei Neagu
Roger I Reyes
Ravinder Valadri

#Bitcoin #BitcoinNews #BitcoinNewsToday

Sources:
http://ir.theice.com/press/press-releases/all-categories/2018/08-03-2018-133022149
https://www.bakkt.com/index
https://www.reddit.com/r/Bitcoin/

source

Please follow and like us:

26 Comments »

  1. Another excellent video Carl. Don't get a swollen head. I like the mix of Technical analysis and the depth of news explanation. For those persons who advocate buy low and sell high altcoins. What if Bitcoin volumes keep growing? Will this mean that you mightbe buying low in a altcoin that is far from the bottom? If so that theory no longer makes sense if accepted generally because some people would be buying into altcoins now expecting a pump when there is none but lower lows. Hallam in always sunny Barbados.

  2. Starbucks is not going to accept bitcoin. They are partnering with Bakkt to allow people to sell their bitcoin for USD. This is Microsoft's successful attempt to crash bitcoin!

  3. Carl I've seen you zoom out way more than the ATH multiple times, but I can't find anywhere how this is done. Could you show this in your next video or explain here? That would be great! 🙂 Thanks for all your effort and super informative videos!

  4. We are relatively new to Cripto. We bought our first bitcoin when price was at $700 a few years ago. My wife and I invested my inheritance after my father passed. More recently began to invest more often into Bic Coin. Watch the Moon daily, learning much from the videos. The question that came to mind after watching your last video is this. We are looking to Bitcoin to pay off two credit cards when the price goes back up. do you think it is possible that people are selling Bit coin to pay of debts as they anticipate higher interest in the future. We have had 0% credit for a while and now facing high interest on our credit cards. Could this be a contributing factor in what we are seeing on the charts?

Leave a Reply

Your email address will not be published. Required fields are marked *