![steemit_daily_crypto_news.jpg](https://steemitimages.com/DQmWfh8CpszaRHf1xpkCmR16QzVhUhVRPfhDpEa78BhoygW/steemit_daily_crypto_news.jpg) *Welcome to my Cryptocurrencies Market Overview for Bitcoin on Sat Jul 28 2018.* ![dividerblue.png](https://steemitimages.com/DQmc2H3Lgvc1aWLMBBeokhh3AkjrLpjDqsB49SqVYB7nXAy/dividerblue.png)

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

---- Sat Jul 28 2018 -----

https://image.prntscr.com/image/bGKFsVZiRFW5MvQb1iEXJA.png _{*Source : [TradingView](http://go.earns.io/steemit/751/rinmo,2018-07-28)*} ![dividerblue.png](https://steemitimages.com/DQmc2H3Lgvc1aWLMBBeokhh3AkjrLpjDqsB49SqVYB7nXAy/dividerblue.png)

---- NEWS -----

đŸ—|Sat Jul 28 2018 -|- https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9hZTZjMTJhNTZhODFlYTI1YmQ1YzRiMGE5NzIxN2EzOC5qcGc=.jpg|**Canada’s DMG Blockchain Starts Installing 85 MW Substation for Crypto Mining Expansion**
```DMG Blockchain has begun installing an 85 megawatt substation for a flagship crypto mining facility```
_{Read Source : [cointelegraph.com](https://cointelegraph.com/news/canada-s-dmg-blockchain-starts-installing-85-mw-substation-for-crypto-mining-expansion)} https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8yZDNlZTYwZjVlMmI5YzAyZDJlZGExNWFlMjg2YWQ5YS5qcGc=.jpg|**Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 27**
```With the SEC rejecting one Bitcoin ETF application and postponing decision on another, we should closely monitor the markets’ reaction.```
_{Read Source : [cointelegraph.com](https://cointelegraph.com/news/bitcoin-ethereum-ripple-bitcoin-cash-eos-litecoin-cardano-stellar-iota-tron-price-analysis-july-27)} https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy83NDFjZGE1ZGY5OGU3NDQ1NTZkMWQ5OGM5YzdjODhlYS5qcGc=.jpg|**Top 10 Crypto Deals in 2017 Returned Over 136,000% on Average, Report Shows**
```Research into the top ten crypto deals in 2017 based on their return on investment has revealed that on average each returned over 136,000%.```
_{Read Source : [cointelegraph.com](https://cointelegraph.com/news/top-10-crypto-deals-in-2017-returned-over-136-000-on-average-report-shows)} https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy85MWFhNzBhYmJjN2RlZWFjOWE0MzBlMzE3NWQ1ZWViNi5qcGc=.jpg|**Crypto Markets Tumble as SEC Rejects Winklevoss Twins’ Second Bitcoin ETF Application**
```Markets have plunged, evidently in response to the U.S. SEC’s rejection of the Winklevoss brother’s second Bitcoin ETF application.```
_{Read Source : [cointelegraph.com](https://cointelegraph.com/news/crypto-markets-tumble-as-sec-rejects-winklevoss-twins-second-bitcoin-etf-application)} https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy81Y2ViYzQ5NDk5NGI3YjY5YWU2ODY3YThlNjY3MjIzMi5qcGc=.jpg|**HashFlare’s Exit and the Future of Cloud Mining**
```A major cloud mining service terminates Bitcoin contracts, stripping users of yearly fees.```
_{Read Source : [cointelegraph.com](https://cointelegraph.com/news/hashflare-s-exit-and-the-future-of-cloud-mining)} https://news.bitcoin.com/wp-content/uploads/2018/07/OBz-533x261.jpg|**Openbazaar Users Can Now Trade 1500 Cryptocurrencies With No KYC**
_{Read Source : [news.bitcoin.com](https://news.bitcoin.com/openbazaar-users-can-now-trade-1500-cryptocurrencies-with-no-kyc/)} https://news.bitcoin.com/wp-content/uploads/2018/07/Americinvetr-533x261.jpg|**US Gallup Poll Shows Only 2% of American Investors Own Bitcoin**
_{Read Source : [news.bitcoin.com](https://news.bitcoin.com/us-gallup-poll-shows-only-2-of-american-investors-own-bitcoin/)} https://news.bitcoin.com/wp-content/uploads/2018/07/shutterstock_1142242751_1600-533x261.jpg|**Crowd Psychology Driving BTC Prices, Finance Experts Say**
_{Read Source : [news.bitcoin.com](https://news.bitcoin.com/crowd-psychology-driving-btc-prices-finance-experts-say/)} https://news.bitcoin.com/wp-content/uploads/2018/07/shutterstock_707850085-533x261.jpg|**Exchanges Round-Up: CME Rejects Altcoins, Waves DEX Hacked on Launch**
_{Read Source : [news.bitcoin.com](https://news.bitcoin.com/exchanges-round-up-cme-rejects-altcoins-waves-dex-hacked-on-launch/)} https://news.bitcoin.com/wp-content/uploads/2018/07/SABTC-533x261.jpg|**Officials in South Africa Propose VAT-Exemption for Bitcoin Trades**
_{Read Source : [news.bitcoin.com](https://news.bitcoin.com/officials-in-south-africa-propose-vat-exemption-for-bitcoin-trades/)} ![dividerblue.png](https://steemitimages.com/DQmc2H3Lgvc1aWLMBBeokhh3AkjrLpjDqsB49SqVYB7nXAy/dividerblue.png)

---- TECHNICAL ANALYTICS -----

BTC/USD - Levels To Buy

https://s3.tradingview.com/q/qVrAdJGd_mid.png _{Idea by [TomProTrader](https://www.tradingview.com/chart/BTCUSD/qVrAdJGd-BTC-USD-Levels-To-Buy/) - [Open image](https://www.tradingview.com/chart/BTCUSD/qVrAdJGd-BTC-USD-Levels-To-Buy/)} > An interesting week to be trading in the Cryptocurrency space for all those who have been watching as carefully as I have been. Price has been correcting ever since my last analysis which is as predicted. After all, why would a market that's just broke broke a resistance zone keep going after the target I set? It wouldn't. The target was a tactical measure move ... [Read more](https://www.tradingview.com/chart/BTCUSD/qVrAdJGd-BTC-USD-Levels-To-Buy/) ---

BITCOIN - Technically The Good Areas For Trading!

https://s3.tradingview.com/q/qqY4LC4L_mid.png _{Idea by [VaidoVeek](https://www.tradingview.com/chart/BTCUSD/qqY4LC4L-BITCOIN-Technically-The-Good-Areas-For-Trading/) - [Open image](https://www.tradingview.com/chart/BTCUSD/qqY4LC4L-BITCOIN-Technically-The-Good-Areas-For-Trading/)} > Hello dear followers and other TradingView users! I would like to point out one technically good reversal point (bullish) and one confirmation needed the bearish point! Bullish Reversal point consist (green box $7630-$7750): 1. 24.07 we had a breakout from the main trendline almost the last down trendline which was pretty significant and now we start to go and ... [Read more](https://www.tradingview.com/chart/BTCUSD/qqY4LC4L-BITCOIN-Technically-The-Good-Areas-For-Trading/) ---

BITCOIN BULL RUN RESUMES? ETF APPROVAL? - CryptoManiac101

https://s3.tradingview.com/r/rH7x0X4x_mid.png _{Idea by [CryptoManiac101](https://www.tradingview.com/chart/BTCUSD/rH7x0X4x-BITCOIN-BULL-RUN-RESUMES-ETF-APPROVAL-CryptoManiac101/) - [Open image](https://www.tradingview.com/chart/BTCUSD/rH7x0X4x-BITCOIN-BULL-RUN-RESUMES-ETF-APPROVAL-CryptoManiac101/)} > Expect targets to be validated as resistance firmly breaks. Bullish signs are MACD and RSI on daily chart with firm penetration of Ichimoku Cloud on 45M chart which is fantastic to say the least. If you're worried about ETF being disapproved by SEC, don't, over 90% chance that they will be approved before 2019. I expect for alts to eventually start following ... [Read more](https://www.tradingview.com/chart/BTCUSD/rH7x0X4x-BITCOIN-BULL-RUN-RESUMES-ETF-APPROVAL-CryptoManiac101/) ---

BTC Potential 4 Hour Bear Flag

https://s3.tradingview.com/4/4mlPIGHp_mid.png _{Idea by [TheChartGuys](https://www.tradingview.com/chart/BTCUSD/4mlPIGHp-BTC-Potential-4-Hour-Bear-Flag/) - [Open image](https://www.tradingview.com/chart/BTCUSD/4mlPIGHp-BTC-Potential-4-Hour-Bear-Flag/)} > BTC has absolutely no volume on this bounce attempt even with a 4 hour inside bull break. The 4 hour chart is a potential bear flag and if we lose hourly higher lows we will likely confirm it. Bears are comfortable in the short term with the top of the bounce as a tight stop level. Still healthy consolidation on the daily and likely to see another declining ... [Read more](https://www.tradingview.com/chart/BTCUSD/4mlPIGHp-BTC-Potential-4-Hour-Bear-Flag/) ---

Bitcoin's engineered liquidity and removal of weak hands

https://s3.tradingview.com/5/5XIIGoTC_mid.png _{Idea by [TexasWestCapital](https://www.tradingview.com/chart/BTCUSD/5XIIGoTC-Bitcoin-s-engineered-liquidity-and-removal-of-weak-hands/) - [Open image](https://www.tradingview.com/chart/BTCUSD/5XIIGoTC-Bitcoin-s-engineered-liquidity-and-removal-of-weak-hands/)} > Good morning, traders. Hope y'all stayed safe during the move yesterday. There's a lot going on in this chart, but I wanted everyone to be aware of how we are watching price action play out. As I discussed in yesterday's chart, and then expounded upon during the morning's live stream, there would be an attempt to push through the descending resistance line ... [Read more](https://www.tradingview.com/chart/BTCUSD/5XIIGoTC-Bitcoin-s-engineered-liquidity-and-removal-of-weak-hands/) --- _{*Source : [TradingView](http://go.earns.io/steemit/751/rinmo,2018-07-28)*} _{**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.*} ![dividerblue.png](https://steemitimages.com/DQmc2H3Lgvc1aWLMBBeokhh3AkjrLpjDqsB49SqVYB7nXAy/dividerblue.png)

---- MARKET -----

#### TOP GAINERS COINS LAST 24H name|symbol|volume|price|change -|-|-|-|- Crowd Machine|CMCT|$12,040,600|$0.045381|66.18% WeToken|WT|$235,041|$0.012191|55.18% FundToken|FUNDZ|$137,543|$0.021928|42.05% UpToken|UP|$2,859,750|$0.067190|40.39% Matchpool|GUP|$3,163,380|$0.169250|36.40% Sp8de|SPX|$128,148|$0.000347|36.14% #### TOP LOSERS COINS LAST 24H name|symbol|volume|price|change -|-|-|-|- Super Bitcoin|SBTC|$1,384,790|$5.01|-37.94% HollyWoodCoin|HWC|$234,044|$0.487866|-32.16% HarmonyCoin|HMC|$62,531|$0.003558|-30.76% Unify|UNIFY|$114,591|$0.021125|-27.68% Bob's Repair|BOB|$231,678|$0.013445|-23.70% BitRewards|BIT|$138,605|$0.003751|-22.31% _{*Source : [CoinMarketCap](https://coinmarketcap.com/)*} ![dividerblue.png](https://steemitimages.com/DQmc2H3Lgvc1aWLMBBeokhh3AkjrLpjDqsB49SqVYB7nXAy/dividerblue.png)

---- TOP EXCHANGE -----

[Poloniex](https://poloniex.com) | [Bittrex](https://poloniex.com) | [Binance](http://go.earns.io/steemit/753/rinmo,2018-07-28) ![image.png](https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png) _{*If you feel the post is valuable, please*} ![Upvote Follow Resteem](https://steemitimages.com/DQmQJH5xFS1p85dP7G3H8JwGn6fG2vp24D5DG7Eiq77iqHo/o7cn474dngisgx2qq3fe.gif)