![steemit_daily_crypto_news.jpg](https://steemitimages.com/DQmWfh8CpszaRHf1xpkCmR16QzVhUhVRPfhDpEa78BhoygW/steemit_daily_crypto_news.jpg) *Welcome to my Cryptocurrencies Market Overview for Bitcoin on Tue Jul 24 2018.* ![dividerblue.png](https://steemitimages.com/DQmc2H3Lgvc1aWLMBBeokhh3AkjrLpjDqsB49SqVYB7nXAy/dividerblue.png)

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

---- Tue Jul 24 2018 -----

https://image.prntscr.com/image/RUaJ-KI2QQClvNgQmlmw3g.png _{*Source : [TradingView](http://go.earns.io/steemit/751/rinmo,2018-07-24)*} ![dividerblue.png](https://steemitimages.com/DQmc2H3Lgvc1aWLMBBeokhh3AkjrLpjDqsB49SqVYB7nXAy/dividerblue.png)

---- NEWS -----

đŸ—|Tue Jul 24 2018 -|- https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8zYWEzZmU3YzNlZDFiOThiNGEyM2MxMzQwOTY0OWU1MC5qcGc=.jpg|**How Cryptocurrency Prices Work, Explained**
```Frequently asked questions answered about the magic of crypto prices.```
_{Read Source : [cointelegraph.com](https://cointelegraph.com/explained/how-cryptocurrency-prices-work-explained)} https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy80MDUyNWQ0NzhiZTQ2OTM0NzVmMjVhZDJmNDI0OGNkYy5qcGc=.jpg|**BitFunder Founder Pleads Guilty to Charges of Fraud and Obstruction of Justice**
```The founder of BitFunder has pleaded guilty to federal charges of defrauding investors and forging data regarding the 2013 BitFunder hack.```
_{Read Source : [cointelegraph.com](https://cointelegraph.com/news/bitfunder-founder-pleads-guilty-to-charges-of-fraud-and-obstruction-of-justice)} https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy81NmRmNjhkZjNkYjQ3ZTAyOWMyNjY5YzA1MzBjNjc4ZS5qcGc=.jpg|**Bank of Canada Study Finds 58% of Canadians Own BTC for Investment Purposes**
```A Bank of Canada report says that 58% of Canadians use Bitcoin for investment purposes, while only 6 percent use it for payment.```
_{Read Source : [cointelegraph.com](https://cointelegraph.com/news/bank-of-canada-study-finds-58-of-canadians-own-btc-for-investment-purposes)} https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8wNTUzZWNmNjdiYmJmOWE1NWQ5OTZhNDAxMmQ5OGNhYy5qcGc=.jpg|**Encrypted Email Service ProtonMail Confirms Potential ICO, Calls It ‘Not a Cash-Out’**
```Privacy-focused encrypted email service ProtonMail is considering launching an ICO “within the year”.```
_{Read Source : [cointelegraph.com](https://cointelegraph.com/news/encrypted-email-service-protonmail-confirms-potential-ico-calls-it-not-a-cash-out)} https://images.cointelegraph.com/images/370_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9lMzkwNjVkNTQxYWQ1YjFhYWFkNDNhODZiNmE0MzNlMS5qcGc=.jpg|**Bitcoin Builds on Recent Gains, Pushing $7,750 While Major Altcoins See Losses**
```Bitcoin (BTC) continues to build on recent gains, pushing $7,750, while most major altcoins are seeing losses of between 1 and 5 percent on the day.```
_{Read Source : [cointelegraph.com](https://cointelegraph.com/news/bitcoin-builds-on-recent-gains-pushing-7-750-while-major-altcoins-see-losses)} https://news.bitcoin.com/wp-content/uploads/2018/07/business-improvement-533x261.png|**Japanese Crypto Exchanges Submit Business Improvement Plans**
_{Read Source : [news.bitcoin.com](https://news.bitcoin.com/japanese-crypto-exchanges-business-improvement-plans/)} https://news.bitcoin.com/wp-content/uploads/2018/07/uno-fe-533x261.jpg|**India Exchange Unocoin Suspends Withdrawals Following Central Bank Demands**
_{Read Source : [news.bitcoin.com](https://news.bitcoin.com/india-exchange-unocoin-suspends-withdrawals-following-central-bank-demands/)} https://news.bitcoin.com/wp-content/uploads/2018/07/coinB-feat-ima-533x261.jpg|**Coinbase Flexes Muscle, Creates Political Action Committee**
_{Read Source : [news.bitcoin.com](https://news.bitcoin.com/coinbase-flexes-political-muscle-beating-while-joining-them/)} https://news.bitcoin.com/wp-content/uploads/2018/07/indian-bull-533x261.png|**Indian Crypto Regulation Ready by September: Official**
_{Read Source : [news.bitcoin.com](https://news.bitcoin.com/indian-crypto-regulation-september/)} https://news.bitcoin.com/wp-content/uploads/2018/07/CW-1-fea-im-533x261.jpg|**Cryptowhispers: DDoS Attacks, Major Exec in Serious Crash, Twitter Drama**
_{Read Source : [news.bitcoin.com](https://news.bitcoin.com/cryptowhispers-ddos-attacks-major-exec-in-serious-crash-twitter-drama/)} ![dividerblue.png](https://steemitimages.com/DQmc2H3Lgvc1aWLMBBeokhh3AkjrLpjDqsB49SqVYB7nXAy/dividerblue.png)

---- TECHNICAL ANALYTICS -----

What our Bitcoin market has become, a futures market

https://s3.tradingview.com/e/EAlOT0eT_mid.png _{Idea by [botje11](https://www.tradingview.com/chart/BTCUSD/EAlOT0eT-What-our-Bitcoin-market-has-become-a-futures-market/) - [Open image](https://www.tradingview.com/chart/BTCUSD/EAlOT0eT-What-our-Bitcoin-market-has-become-a-futures-market/)} > And again a bitmex move, what else is new!!! Shaking out shorts and longs in 5 minutes, taking all their money. If your a fund with like 50 mil you can do these moves once or twice a day (not everyday of course). Ones who have been following me for a longer period of time, know how many times i expressed my frustration about these moves. Problem is not the short ... [Read more](https://www.tradingview.com/chart/BTCUSD/EAlOT0eT-What-our-Bitcoin-market-has-become-a-futures-market/) ---

Weak bulls are taking profit at the highs

https://s3.tradingview.com/y/Yh4FkSfH_mid.png _{Idea by [botje11](https://www.tradingview.com/chart/BTCUSD/Yh4FkSfH-Weak-bulls-are-taking-profit-at-the-highs/) - [Open image](https://www.tradingview.com/chart/BTCUSD/Yh4FkSfH-Weak-bulls-are-taking-profit-at-the-highs/)} > So today we saw a second attempt of the bulls to break this heavy resistance zone around the 7500/7800, but again it failed. There was some heaving shorting going on at Bitmex today, selling volume kept popping in and when the price was getting to close at to the breakout some 2 mil and 4 mil sell orders were thrown in to keep control of this market. I am quite ... [Read more](https://www.tradingview.com/chart/BTCUSD/Yh4FkSfH-Weak-bulls-are-taking-profit-at-the-highs/) ---

BTC/USD - Live Update

https://s3.tradingview.com/k/Kz2C0qC0_mid.png _{Idea by [TomProTrader](https://www.tradingview.com/chart/BTCUSD/Kz2C0qC0-BTC-USD-Live-Update/) - [Open image](https://www.tradingview.com/chart/BTCUSD/Kz2C0qC0-BTC-USD-Live-Update/)} > It's been a very hectic weekend for me as I've been completing business abroad so I couldn't post/update any of my analysis. Because of this I want to post a new analysis and update my thoughts and ideas on Bitcoin. Since my last analysis there has been some dramatic changes to investors sentiment thus, I have posted a brand new analysis so that you can see my ... [Read more](https://www.tradingview.com/chart/BTCUSD/Kz2C0qC0-BTC-USD-Live-Update/) ---

Bitcoin Analysis Update: Current Conditions July 23, 2018

https://s3.tradingview.com/c/ChMgxZgi_mid.png _{Idea by [Nick_Core](https://www.tradingview.com/chart/BTCUSD/ChMgxZgi-Bitcoin-Analysis-Update-Current-Conditions-July-23-2018/) - [Open image](https://www.tradingview.com/chart/BTCUSD/ChMgxZgi-Bitcoin-Analysis-Update-Current-Conditions-July-23-2018/)} > This is a quick analysis of current conditions. The 4 hour Doji we are looking at closes in about 30 minutes of this writing. Tom Demark Sequential (T.D. Sequential) Count: 9 Notes: Imperfect close on the 8. https://www.tradingview.com/x/WUPMRzTy/ Bollinger Bands Position: Capped Squeeze: None https://www.tradingview.com/x/TvbccSMn/ Guppy Multiple Moving ... [Read more](https://www.tradingview.com/chart/BTCUSD/ChMgxZgi-Bitcoin-Analysis-Update-Current-Conditions-July-23-2018/) ---

BTC Daily Bull Flag Confirmed

https://s3.tradingview.com/t/tXBrkfTh_mid.png _{Idea by [TheChartGuys](https://www.tradingview.com/chart/BTCUSD/tXBrkfTh-BTC-Daily-Bull-Flag-Confirmed/) - [Open image](https://www.tradingview.com/chart/BTCUSD/tXBrkfTh-BTC-Daily-Bull-Flag-Confirmed/)} > Volume spike this morning as bulls went for a V-shaped recovery from 15 min oversold bounce to higher highs. We were looking at $7,777 resistance on the daily as the next level so technically we have a double top with this resistance. This now allows bulls to move my stop levels up to under $7,200 daily higher low. Notice the shift in sentiment, we used to see ... [Read more](https://www.tradingview.com/chart/BTCUSD/tXBrkfTh-BTC-Daily-Bull-Flag-Confirmed/) --- _{*Source : [TradingView](http://go.earns.io/steemit/751/rinmo,2018-07-24)*} _{**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 -|-|-|-|- HollyWoodCoin|HWC|$466,716|$0.716438|90.73% adToken|ADT|$538,744,000|$0.068936|78.18% DCORP Utility|DRPU|$174,793|$0.368852|55.55% Profile Utility Token|PUT|$270,120|$0.102948|53.66% Matchpool|GUP|$14,217,800|$0.152609|45.93% Cashcoin|CASH|$103,932|$0.010933|38.20% #### TOP LOSERS COINS LAST 24H name|symbol|volume|price|change -|-|-|-|- Bitcoin Diamond|BCD|$5,460,070|$2.16|-50.62% WeToken|WT|$85,271|$0.006358|-35.16% Penta|PNT|$2,121,760|$0.002050|-31.98% Super Bitcoin|SBTC|$1,581,500|$6.59|-30.11% AWARE|AT|$394,163|$0.008163|-29.73% No BS Crypto|NOBS|$305,980|$0.001547|-28.50% _{*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,2018-07-24) ![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)