{"id":1134,"date":"2019-08-07T23:31:01","date_gmt":"2019-08-07T22:31:01","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1134"},"modified":"2019-08-08T09:19:53","modified_gmt":"2019-08-08T08:19:53","slug":"bitcoin-for-8-08-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/08\/07\/bitcoin-for-8-08-2019\/","title":{"rendered":"Bitcoin for 8\/08\/2019"},"content":{"rendered":"\n<p><strong>#SP500 #DOW <\/strong>We noticed Bitcoin has been doing &#8220;Bitcoin Stuff&#8221; this week, exhibiting wild and irrational movements. Like a moth to a flame, we&#8217;ve again attempted make some sense as our last report at the start of July (<strong><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/06\/30\/bitcoin-etc-for-1-07-2019\/\">Link  Here<\/a><\/strong>) proved quite prescient. <\/p>\n\n\n\n<p>At time of writing, it&#8217;s trading around the 12,000 mark \nand the immediate situation suggests anything now exceeding 12,615 threatens \nsome growth to an initial 13,198 dollars. A movement such as this hints at a \nchallenge of the ruling BLUE downtrend, probably quite soon. Exceeding 13,198 is \nliable to prove interesting as we&#8217;re not the only folk equiped with a crayon to \ndraw trend lines. Essentially, the market will doubtless assume Bitcoin is once \nagain heading upward and our secondary of 14,540 looks quite attainable.<\/p>\n\n\n\n<p>To be completely factual, should Bitcoin opt to do \n&#8220;Bitcoin Stuff&#8221; and completely outperform logic, it could easily accelerate \ntoward the 16,000 level, perhaps even 16,600. Once in the 16,000&#8217;s, we have a \nflashing red light which anticipates volatility should such a level actually \nappear. Needless to say, it will also be true to suggest media pundits will \nstart projecting Bitcoin heading to 20,000 dollars and above, depending on which \nnumber they pluck out of the ether.<\/p>\n\n\n\n<p>We will grudgingly admit to some calculation issues, if \nthis imaginary currency manages above 16,600 as the price should (logically) \nalmost double.<\/p>\n\n\n\n<p>Alternately, below RED and it faces a slowdown to 6,900 \ninitially. Secondary is at the 4,000 level!<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/btc070819.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<TABLE BORDER=2>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">Time Issued<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Market<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Price At Issue<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Short Entry<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Long Entry<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Prior<\/font><\/TD> <\/TR>\n<A name=\"FUTURES470\"><font size=\"2\">FUTURES<\/font><\/a><TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:13:28PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">57.34<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:15:32PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1501.79<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:17:44PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7207.9<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:19:07PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5302.7<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Shambles<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:26:27PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">11712.83<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:28:48PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2881.32<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2824<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2819.5<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2795<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2885<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2892<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2900<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2924<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2846<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Shambles<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:32:05PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">25956<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">25644<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">25590<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">25423<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">25807<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">26091<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">26121<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">26475<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">25800<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Shambles<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:43:08PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7547<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:47:46PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">20613<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n<H5> 7\/08\/2019 FTSE Closed at 7198 points. Change of 0.38%. Total value traded through LSE was: \u00a3       6,840,689,185 a change of 2.45%<\/h>\n","protected":false},"excerpt":{"rendered":"<p>#SP500 #DOW We noticed Bitcoin has been doing &#8220;Bitcoin Stuff&#8221; this week, exhibiting wild and irrational movements. Like a moth to a flame, we&#8217;ve again attempted make some sense as our last report at the start of July (Link Here) proved quite prescient. At time of writing, it&#8217;s trading around the 12,000 mark and the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/08\/07\/bitcoin-for-8-08-2019\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bitcoin for 8\/08\/2019&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1134","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1134"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1134\/revisions"}],"predecessor-version":[{"id":1135,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1134\/revisions\/1135"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1134"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}