07/08/2019 — Crypto Price Recap

BTC-USDT breaks the triangle and moves over $12K

CryptoAlgoWheel
CRYPTO ALGOWHEEL
3 min readJul 8, 2019

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Source: Cointelegraph

BTC-USDT

BTC-USDT breaks the triangle and moves over $12K. It may attempt to attack the ATH $14K this week. USDT increases supply of $100M last week again and therefore may elevate BTC price more.

ETH-USDT | ETH-BTC

ETH-USDT increases to $310 and the ETH futures is a good news to boost ETH price.

ETH-BTC continues to trending down to 0.025, which seems solid bottom of ETH-BTC.

LTC-USDT | LTC-BTC

LTC-USDT holds price steady at $120.

LTC-BTC continues to decrease under 0.01BTC. Since it is expected to be halving early August, it is expected to bounce of the lows later this month.

BCH-USDT | BCH-BTC

BCH-UDT holds steady at $414.

BCH-BTC continues to lower down to 0.034 BTC, which seems weak.

BSV-USDT | BSV-BTC

BSV-USDT hold steady around $200.

BSV-BTC continues to go lower to 0.0164 BTC and expects to find solid support at 0.013 BTC.

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