{"id":1590,"date":"2020-02-16T22:58:19","date_gmt":"2020-02-16T22:58:19","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1590"},"modified":"2020-02-17T08:16:00","modified_gmt":"2020-02-17T08:16:00","slug":"bitcoin-17-02-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/02\/16\/bitcoin-17-02-2020\/","title":{"rendered":"Bitcoin 17\/02\/2020"},"content":{"rendered":"\n<p>#Brent #Dax Currently, Bitcoin is cheerfully ignoring conventional trends, instead paying scrupulous attention to a &#8220;horizontal trend&#8221;. As mentioned previously, the phenomena of &#8216;The Glass  Ceiling&#8217; has been scrupulously adhered to since September last year. This confirmation of a trend is usually a pretty safe signal for future movement and  in the case of Bitcoin, it&#8217;s at 10,580 dollars.<\/p>\n\n\n\n<p>Visually, movements above 10,580 look \ncapable of providing gains against Bitcoin to an initial 11,744 with secondary, \nif beaten, calculating at 12,720. Importantly, if Bitcoin opts to adhere is its \nusual movement &#8216;rules&#8217;, some hesitation can be anticipated at each target level, \nshould the scenario trigger!<\/p>\n\n\n\n<p>Of course, there&#8217;s absolutely no \ncertainty we should anticipate future growth. Instead, the converse looks pretty \npossible.<\/p>\n\n\n\n<p>Weakness continuing below 9,610 \nsuggests downward travel to an initial 8,916 dollars. If broken, secondary works \nout at 7,665 and we&#8217;d hope for a rebound at such a level. The implications, with \nany breach of 7,665, are grim. The existence of a 3rd level drop target of 6,079 \ntakes the price into the land of &#8216;lower lows&#8217; with a logical long term bottom at \n3,145 dollars.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/btc160220.jpg\" alt=\"Hey, chart goes here\"\/><\/figure>\n\n\n\n<\/p>\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=\"FUTURES583\"><font size=\"2\">FUTURES<\/font><\/a><TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:43:20PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">57.29<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">56.12<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">55.68<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">55.09<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">56.83<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">57.35<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">57.5275<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">57.83<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">56.7<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:44:45PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1584.23<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:46:40PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">7416.6<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:48:39PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6073.2<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:50:19PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13764<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13706<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13691.5<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13659<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13758<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13789<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13821.5<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13860<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">13727<\/font><\/td> <td>\n\t<p align=\"center\"><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:51:51PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">3382.22<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:53:54PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">29416.5<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:55:18PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">9626.67<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><\/td> <\/TR>\n<TR> <td> \n\t<p align=\"center\"><font size=\"2\">9:57:59PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">23537<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/td> <\/TR>\n\n<\/TABLE>\n\n<p class=\"MsoNormal\">&nbsp;<\/p>\n<H5>14\/02\/2020 FTSE Closed at 7409 points. Change of -0.58%. Total value traded through LSE was: \u00a3       5,485,879,910 a change of -17.68%<\/h><\/p>\n<H5>13\/02\/2020 FTSE Closed at 7452 points. Change of -1.09%. Total value traded through LSE was: \u00a3       6,664,066,181 a change of 30.17%<\/h><\/p>\n<H5>12\/02\/2020 FTSE Closed at 7534 points. Change of 0.47%. Total value traded through LSE was: \u00a3       5,119,461,685 a change of -10.2%<\/h><\/p>\n<H5>11\/02\/2020 FTSE Closed at 7499 points. Change of 0.71%. Total value traded through LSE was: \u00a3       5,701,269,309 a change of 0.17%<\/h><\/p>\n<H5>10\/02\/2020 FTSE Closed at 7446 points. Change of -0.27%. Total value traded through LSE was: \u00a3       5,691,847,581 a change of -12.91%<\/h><\/p>\n<H5> 7\/02\/2020 FTSE Closed at 7466 points. Change of -0.51%. Total value traded through LSE was: \u00a3       6,535,596,145 a change of 5.4%<\/h><\/p>\n<H5> 6\/02\/2020 FTSE Closed at 7504 points. Change of 0.29%. Total value traded through LSE was: \u00a3       6,200,545,970 a change of -22.21%<\/h><\/p>\n<a target=\"_blank\" href=\"http:\/\/www.trendsandtargets.com\/offer_subscribe.html\" rel=\"noopener noreferrer\">\n<IMG border=\"1\" src=\"http:\/\/www.trendsandtargets.com\/images\/specialoffer.gif\">\n","protected":false},"excerpt":{"rendered":"<p>#Brent #Dax Currently, Bitcoin is cheerfully ignoring conventional trends, instead paying scrupulous attention to a &#8220;horizontal trend&#8221;. As mentioned previously, the phenomena of &#8216;The Glass Ceiling&#8217; has been scrupulously adhered to since September last year. This confirmation of a trend is usually a pretty safe signal for future movement and in the case of Bitcoin, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2020\/02\/16\/bitcoin-17-02-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bitcoin 17\/02\/2020&#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-1590","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1590","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=1590"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1590\/revisions"}],"predecessor-version":[{"id":1591,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1590\/revisions\/1591"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1590"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}