Bitcoin & Markets

Bitcoin Price and Fundamentals - 7/17/2018 - E124

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SUBSCRIBE iTunes | Stitcher | Google Play | RSSGET OUR REPORThttps://bitcoinandmarkets.com/reportSUPPORT THE SHOW! No Ads +  Member Content on PATREON BTC or PayPal DONATENEW TO BITCOIN? Start herePRICES Price: $6717 | 1 finney: $0.67 Daily 200 SMA: $8917 Mayer Multiple: 0.75   Gold prices In general, I'm 5 year bullish, 20 year bearish 0.2 btc Range bound Above a long term support line back from 2009 through 2016 lows, 2017 lows Below $1375 resistance. Ascending triangle is usually bearish Central banks will go to a gold backed crypto. I'd expect range bound until sovereign debt crisis http://news.goldseek.com/GoldSeek/1531252121.php https://www.bloomberg.com/amp/news/articles/2018-07-16/banks-crypto-assets-may-get-hit-with-new-capital-requirements FUTURES Okex Futures: (Sep) $6742 (spread $25) CME Futures: (Jul) $6715 (Sep) $6725 (open interest 2,850 / 14,250 btc) Bitmex Futures: (Sep) $6714 (Dec) $6722SENTIMENT Longs / Shorts: 34,500 / 24,100 (1.44)MARKET  Market Cap: $115 B Global Bitcoin MC: $271 B Maxim