RSI momentum shifted to Bullish, and there is a good chance that we will see a Golden Cross soon.
##Technical Analysis:
Okay as you can see in the above chart we have a Descending Wedge forming just as the RSI has turn over. With the above mentioned we also have the 50 day approaching the 200 day moving average. If we get a decent rise on Bitcoin in the next few days we might see the Golden Cross which would be a great technical indicator signaling that the Bear Market is coming to an end.
News:
- The SEC deadline for the ETF is coming in 20 days.
https://cryptobriefing.com/bitcoin-etf-decision-postponed-by-sec-until-sept-30th/ - Gemini Exchange has been approved by the NYDFS to create a new Stable Coin (like Teather).
https://www.marketwatch.com/story/winklevoss-twins-gemini-trust-launches-worlds-first-regulated-stablecoin-2018-09-10 - Canada has a Regulated Bitcoin Fund (FBC), now that Canada has done this, I bet the USA will move to not be out done by Canada.
https://cryptovest.com/news/canada-has-first-regulated-bitcoin-fund-fbc-bitcoin-trust-can-be-traded-on-neo-connect/ - Bitcoin and ZCL hard for to ANON.
https://www.anonymousbitcoin.io/
Picks:
- Cardano (ADA)- Yoroi Waller release and Metaps Plus Partnership.
https://cardanoroadmap.com/ - Metal (MTL)- They are finally realeasing their mobile payment application.
https://medium.com/crumbs-blog/its-official-we-re-in-public-beta-fffb373ef71f - Holochain (HOT)- I have written articles on this already, nothing new really happening but as I said before this is a winner with lots of potential.https://steemit.com/blockchain/@embomb701/holochain-vs-blockchain-vs-tangle-pros-and-cons-side-by-site-by-side
https://itsblockchain.com/holochain-it-can-give-you-100x-returns/amp/
I am not a financial advisor and this is not financial adviser and this is not financial advise, invest at your own risk.