Best Crypto Traders Official

2021-06-19 22:03:00 Are there any fans of crypto copy trading?

Best Crypto Traders Official Team has found great subreddit, devoted to this topic This is a good place where you can share your ideas/usercases/questions on copy trading topic and get valuable insights for free.

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2021-06-18 12:29:52 ​​BTC: $37,841.52 (-3.61%)

Bitcoin price completes leg down to $37.4K as key indicator hits record ‘oversold’ level

Another slight decline sees Bitcoin at a crossroads as sellers erode a major exchange buy wall.

Bitcoin (BTC) broke through $38,000 support on June 18 but a reversal at solid support already has traders seeking fresh upside.

Bitcoin buy wall sees big test
NVT hints at "oversold" Bitcoin

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2021-06-17 10:56:03 TOP 1 FUTURE - SPOT
BINANCE

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2021-06-16 10:18:12 ​​ MARKET WATCH — 16.06.2021

Bitcoin Prepares for Next Move, Ethereum and Altcoins Correct Lower

BTC: $40,406.02 (+0.11%)
ETH: $2,534.89 (-3.17%)
BNB: $365.46 (+2.81%)
LTC: $174.77 (-2.90%)
DOGE: $0.3181 (+3.15%)
XRP: $0.8704 (-2.88%)

Bitcoin (BTC) struggled on two occasions to gain pace above USD 42,000 and recently corrected lower. The price is now consolidating near USD 40,400.
Ethereum (ETH) failed to stay above the USD 2,600 level and it struggled near USD 2,650. ETH started a downside correction below the USD 2,600 and USD 2,550 levels. It is now testing the USD 2,500 level.
Binance Coin (BNB) failed to surpass the USD 380 resistance level. BNB is correcting gains and it could soon test the USD 365 support.
Litecoin (LTC) is struggling to clear the USD 180 resistance zone. It is consolidating above USD 165, below which there is a risk of a drop towards the USD 150 level.
Dogecoin (DOGE) is stuck below the USD 0.335 resistance level. If there is a clear break above USD 0.335, the price could test the next major resistance at USD 0.350.
Ripple (XRP) spiked higher towards the USD 0.90 resistance zone. It failed to clear USD 0.90 and corrected lower. XRP is now trading above USD 0.85.

Several altcoins declined over 5%, including ICP, KSM, TFUEL, NANO, DOT, BAKE, FIL, ZIL, NEXO, SUSHI, and FTM. Conversely, RUNE, GRT, AMP, and SHIB are up by 6%-24%. Open / Comment

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2021-06-14 10:17:42 ​​ Top 5 cryptocurrencies to watch this week

Bitcoin’s (BTC) price continues to be range-bound between $30,000 and $40,000 level for the past few days, which is not necessarily a bearish sign.

Bloomberg Intelligence senior commodity strategist Mike McGlone said on Saturday that Bitcoin’s declining supply was a positive sign, which could act as a “bullish ace” for its move higher “if past patterns hold.”

Yoni Assia, CEO of eToro, also told Cointelegraph that Bitcoin could see a sharp rise “over the next three to five years, as there are still 5 billion people in the world that basically don't have good local currency.”

Let's look at 5 cryptocurrencies that could start trending moves this week.

Bitcoin-BTC
AAVE
Kusama-KSM
Algorand-ALGO
Theta Fuel-TFUEL

Why these coins? The answer is here Open / Comment

2021-06-14 09:36:04 ​​BTC: $39,239.68 (+1.64%)

Tesla will back to Bitcoin

Tesla will resume accepting bitcoin (BTC, +11.87%) as payment once the cryptocurrency’s power-hungry miners go halfway green, CEO Elon Musk tweeted on Sunday.

The news appears to have driven the price of bitcoin and other cryptocurrencies up.

Musk halted Tesla’s months-old crypto foray in mid-May citing environmental concerns. But “when there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” he said in the tweet.

Musk's tweet may have been the propellent to the price of bitcoin which started a sharp upward move about an hour after the tweet was sent. In recent trading, bitcoin was changing hands at $39,200.21, up 9.66%, and leading a sea of green on the price page for other cryptocurrencies.

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2021-06-10 17:38:36 ​​Hey! We got to know great news and can't wait to share them!

Coinmatics — crypto copy trading platform, which Best Crypto Traders Official Team loves so much — shared great updates. This service has one more integration — integration with OKEx.

That means that now OKEx traders can connect their accounts to Coinmatics and start making money with copy trading. Sounds great, isn't it?

By the way, OKEx has a nice Welcome bonus for you: buy $100 or more in crypto on your first order, and you’ll get up to $10 in free BTC as a reward.

Source: https://www.okex.com/promotion/28GA/8663514

P.S. Wish our Coinmatics partner prosperity and more great copy trading features! Open / Comment

2021-06-09 09:46:03 ​​BTC: $34,119.19 (+4.09%)

El Salvador Passes The Bitcoin Law

A supermajority of the El Salvadoran legislature voted to adopt bitcoin as legal tender early Wednesday morning.

The bill will mandate all businesses to accept bitcoin for goods or services, but the government will act as a backstop for entities that aren’t willing to take on the risk of a volatile cryptocurrency, he said.

President Nayib Bukele also indicated that the government may promote bitcoin mining. El Salvador has already been hoping to draw businesses with excess geothermal energy, and while the government isn’t specifically looking to the bitcoin mining industry to fill that need, it is one such sector that could benefit, he said.

The full text of the bill is here Open / Comment

2021-06-08 10:04:04 ​​BTC: $32,649.77 (-9.35%)
ETH: $2,475.09 (-10.23%)

Crypto markets tumble after miners unload 5,000 BTC in one week

With Bitcoin’s price consistently trending below its 200-day moving averages and heavy selling identified among miners, some analysts are bracing for further bearish momentum.

The crypto markets are against dropping, with Bitcoin crashing below $33,000 for the first time since May 23 as Ethereum similarly broke below support at $2,500.

The downward momentum comes as bearish indicators continue to stack up for Bitcoin, with popular analyst William Clemente III identifying that miners sold more than 5,000 BTC over the past week — worth roughly $164 million at current prices.

Crypto author Timothy Peterson also highlighted that BTC’s price has remained below its 200-day simple moving average (SMA) for 17 days consecutively. ”This metric has *always* marked the end of a bull run and the start of a bear market,” he asserted.

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