The entire traditional finance as a whole has decreased by close to 1% on the upcoming trade war and further sanctions against Turkey.
Interestingly, Bitcoin is up close to 2% on the day with Ethereum up by 0.20%.
Lets start off the week on good news
The cryptocurrency market will realistically see some sunshine of Greens across the entire week, before closing the week red.
Bitcoin within itself closed the week up in the green, before crashing into the early morning hours, this could potentially represent some stop runs as Bitcoin tries to take the $6700-6800 Mark, before retesting $5800 and then back up again.
Remember…the CME futures are closing this week, every time as Nouvive constantly states that this occurs, we do see a red close. The CBOE futures close not long afterwards.
Ethereum is currently stabilising, trying to save itself above $300, a week previous, ETH was above $400. This down spiral was sparked by hundreds of ICO’s liquidating their Ethereum into Fiat or Tether to save themselves.
A Quick Call – Bitcoin can be seen as having gaps in between $6600 and $6800 – illustrating over the course of the week, we will see both levels.
What about the rest of the Market?
The rest of the market will see Greens, we saw NULS do extremely well the last three days on their Mainnet news.
Our Sentiment tracker currently illustrates that NEO/WAN/ICX will all experience gains of over 20% over the week.
Nouvive will be releasing calls for the above over the course of the day.
STAY SAFE. REMEMBER CRYPTOCURRENCY IS A NON-ZERO-SUM GAME. IF YOU WIN, SOMEONE ELSE LOSE.S
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