It is October 22nd, 2018

BTC dominance is currently at 53.7% (+0.1%). The total market cap is currently at $210.1 billion (+ $0.6 billion). The market volume of the last 24h was $9.9 (+ $0.1).

Fundamental analysis

Bitcoin Hits New Yearly Low Volume, Only Way to Reverse Trend is a Big Spike

https://www.ccn.com/bitcoin-hits-new-yearly-low-volume-only-way-to-reverse-trend-is-a-big-spike/

There’s an increasing FUD saying NEO is going to fork, turning out to be totally false! #NEO uses original #dBFT consensus mechanism, which has block finality and will not fork. Please take care of your asset and be safe

https://twitter.com/NEO_Blockchain/status/1052924015247949824?s=19

Bitcoin Network Congestion Reaches 95%, But Fees Hold Steady

https://www.ccn.com/bitcoin-network-congestion-reaches-95-but-fees-hold-steady/

Technical analysis

Daily time frame : https://www.tradingview.com/x/SDC5XZCd/

Daily time frame did exactly as we predicted! It went up to our 2nd target ( green area), got rejected and turned daily bearish again! Now we are very close to ideal bearish setup and we are missing only confirmation!

H4 time frame : https://www.tradingview.com/x/ae2HeAwD/

H4 is time frame where we are looking for confirmation! The confirmation will be close bewlo mid bollinger band and EMA 50. Currently these two lines are aroiund 6400. Once we get close below, we need to monitor m15 in for an entry! The first major target for this potential trade is low bollinger band on daily time frame (6100).
This is swing target, for scalp targets you can target 6300 area. Based on these 2 targets, find stop loss that will make your risk to reward ratio at least 1:2. My suggestion is 6465 and 6505.

If you like our work, you can award us by inviting your friends and helping us grow our community. You can invite them through this link: https://t.me/CryptoExpertSignals

To your success, CS Team!