Category Archives: Markethive

Bitcoin BTC Price Analysis: Aiming for Triangle Top Next

Bitcoin (BTC) Price Analysis: Aiming for Triangle Top Next!

Bitcoin (BTC) Price Analysis: Aiming for Triangle Top Next!

Bitcoin broke above its short-term descending channel to confirm that the climb is gaining traction. This also completes a breakout from the bullish flag continuation pattern, indicating that a climb of the same height as the mast is in order.

The 100 SMA is above the longer-term 200 SMA to confirm that the path of least resistance is to the upside. In other words, the uptrend is more likely to continue than to reverse. This might even lead to a break above the triangle top on the 4-hour time frame.

If so, bitcoin might see a climb that’s the same height as the triangle, which spans $3,300 to $4,400. This might take it all the way up to the forecast of “$5,000 in the next ten days” from the previous week.

So far, the 100 SMA is holding up well as a dynamic support level while the 200 SMA could also hold as a floor near the $3,600 mark in the event of a pullback. A break below the triangle bottom at $3,500 could signal that bearish pressure is back in play.

RSI is already in the overbought zone to indicate that buyers are tired and sellers might take over. In that case, price might also pull back to the broken channel top around $3,700. Stochastic has more room to climb before hitting the overbought zone, which means that buyers could have the upper hand for much longer.

The recent upside break would likely draw more bullish forecasts from analysts, possibly extending the rally even further. Meanwhile, anticipation for the Fidelity institutional platform is also building up as the March launch data approaches.

If this pushes through, a pickup in volumes from institution is expected, likely drawing even more bullish interest. On the other hand, another delay could spur a major correction once more.

 

By Rachel Lee February 18, 2019

Alan Zibluk Markethive Founding Member

How to Heal Addiction

Hope for the Hurting and Trapped

Written by Dan Lee on 29/11/2016

Series: Weekly Devotional

Tags: TemptationAddictionSin


I have the right to do anything,” you say — but not everything is beneficial. “I have the right to do anything” — but I will not be mastered by anything.

1 Corinthians 6:12

Addiction is a loaded word with many meanings. We tend to think of it as extreme, however, anyone can suffer from addiction, and it’s far more common than you think.

The World Health Organization tells us that worldwide, 6 million people die every year due to tobacco use, and 3.3 million die due to alcohol related causes.

Alcohol, drugs, and smoking have caused much misery for years. But now, we can add pornography, TV binge-watching, overeating, shopping, and video games. For instance, one woman in New Mexico, USA, was spending over 12 hours a day playing a multiplayer video game — and let her 3-year-old daughter starve to death. Clearly, our world needs to healed from addiction.

Even normal activities can harm us when taken to extremes. Paul tells us in 1 Corinthians 6:12, “‘I have the right to do anything,’ you say — but not everything is beneficial. ‘I have the right to do anything’ — but I will not be mastered by anything.” An addiction means we have let ourselves be “mastered” by something.

Perhaps other believers have told you to “Flee from youthful lusts” (2 Timothy 2:22) or to “Resist the devil” (James 4:7). But addictions come with mental, emotional and physical components that together exert a much more powerful pull than a regular temptation.

Here are three things that can put you on the road to healing addiction…

1. Cry out to God

First things first — are you a follower of Christ? Even before asking for help with addiction, you must get right with God.

During a time of extreme trouble, David wrote: “I called on the LORD, who is worthy of praise, and he saved me from my enemies. The ropes of death entangled me; floods of destruction swept over me” (Psalm 18:3-4). God did not answer David until he had called on Him.

Start by acknowledging that you cannot conquer your addiction in your own strength. Jesus said, “Humanly speaking, it is impossible. But with God everything is possible” (Matthew 19:26).

2. Get Help from Others

When trapped in sin, our impulse is to isolate ourselves from other believers. This is what Satan wants as well! Spending time with caring believers and sharing your struggles is an important step in escaping it. Yes, it can be humbling, and even humiliating, but your Christian brothers and sisters can help you with prayer. “Confess your sins to each other and pray for each other so that you may be healed” (James 5:16). Also see Hebrews 10:24.

3. Cut it Off

In the Sermon on the Mount, Jesus spoke of sexual temptation this way: “So if your eye — even your good eye — causes you to lust, gouge it out and throw it away. It is better for you to lose one part of your body than for your whole body to be thrown into hell” (Matthew 6:29).

Jesus was telling us that if any object or person consistently leads us to sin, we need to get that thing out of our lives. For example, if your friends want you to take drugs with them, you need to find some new friends. If you tend to look at women with lust, don’t go to the beach in summertime. If you can’t resist pornography on the Internet, you need to install filters on your computer — or get rid of the computer altogether.

If you have struggled with an addiction, please know that there is hope, and that the God who made the universe is ready to help deliver you when you cry out to him.


Pray this week:

Lord, I am tired of being mastered by addictions. Please show me the way out, and give me strength from Your Holy Spirit to go that way. Help me to help others who need this help as well.


Are you, or someone you know, struggling with an addiction? 

Alan Zibluk Markethive Founding Member

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BITCOIN’S WONDER WEEK – 10 signs a boom is coming

BITCOIN'S WONDER WEEK - 10 signs a boom is coming

BITCOIN’S WONDER WEEK – 10 signs a boom is coming

There are plenty of reasons to get depressed during ‘Crypto Winter’. But every day we read new stories about Bitcoin and cryptocurrency adoption that make us think the next boom is incoming. Here are 10 stories from this week alone:

1. Bitcoin is now legal in more than 100 countries

According to Coin Dance, Bitcoin is now legal (or at least not specifically banned) in 111 countries out of a total of 256. That includes almost all of the biggest economies in Europe, Russia, South Africa and South America. Bitcoin gets a less enthusiastic welcome in Asia and Africa.
 

2. History shows this could be the last time many can afford a Bitcoin

Crypto trader and investor Josh Rager shared a chart this week of Bitcoin’s overall upward movement since inception, and suggested this could be the last time the public could actually afford to buy a whole Bitcoin. “After 2021 – Bitcoin could move to a market price where most will only buy fractions … $BTC speculative value could be out of reach for most.”
 

3. Nasdaq announced it will add Bitcoin and Ethereum indices this month

Nasdaq announced this week it will launch two new indices tracking cryptocurrency prices from February 25. The Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) — provide real time updates in thirty-second intervals for clients using NASDAQ’s Global Index Data Service (GIDS). Now, that’s a long way from a Bitcoin ETF approval, but it shows crypto is now firmly on the radar of traditional and institutional investors. Nasdaq is also reportedly launching Bitcoin futures in the first half of this year.

4. Two US retirement funds invested in a crypto fund

The institutional money has started to flow. For the first time two US pension funds invested in a $40 million cryptocurrency fund overseen by Morgan Creek Capital. Virginia’s Fairfax County’s Police Officers Retirement System and Employees’ Retirement System both think Bitcoin is now worth gambling other people’s retirements on.
 

5. Bitcoin will ‘grind back up,’ says Mike Novogratz

Former Goldman Sachs partner Mike Novogratz told Bloomberg this week that Bitcoin won’t explode all of a sudden, but will “grind back up to $8000”. “It feels like we’re just grinding along the bottom and the next move is significantly higher. We are not gonna bubble back up… We are going to grind back up… But if you start buying, could you go to $8,000? Of course, you could… And then you see the enthusiasm pick up… ”
 

6. Bitcoin is now mining its biggest blocks ever

Blockchain.com showed that February 12 had an average block size of 1.305 megabytes, the biggest on record. Blocks mined today by the Bitcoin network are now regularly bigger than 1MB, which was the limit that existed before Segregated Witness (SegWit) was introduced in August of 2017. Unfortunately up to 20 percent was by a startup called VeriBlock and their transactions have been called ‘spam’.

7. You can now buy pizza easily and cheaply with Bitcoin

Domino’s Pizza now accepts Bitcoin via the Lighting Network, through a third party called

Lightning Pizza. Every order comes with a five per cent discount and fees will cost less than one US cent.
 

8. Chinese Bitcoin billionaire forecasts end of winter

On WeChat Chinese Bitcoin (BTC) billionaire Zhao Dong told investors there are a few more months of winter to endure and predicted the crypto spring will come in 2020, and summer will arrive in 2021. That means now is the time to buy up while it’s cheap.
 

9. 13% of consumers across 22 countries have actually bought stuff with crypto

A survey by Kaspersky Labs of more than 12,000 consumers in 22 different countries found about 13 percent of people have used cryptocurrency as a payment method. Separate data from Coinmap shows there are now 14,346 venues that accept BTC as against 1,789 recorded almost six years ago, an increase of 702 percent since December 2013.

10. Lightning network lighting up

Yes, apparently the Lightning Network now has 6,000 Nodes and $2.4 million capacity. OK, that’s about as much as one house costs in Sydney. But still. The Lightning Network aims to solve the high costs, low transaction volume and rubbish transaction speeds associated with Bitcoin. While it’s early days yet, if it can scale, then this could make Bitcoin king of crypto for years to come.

 

By Andrew Fenton -February 17, 2019

Alan Zibluk Markethive Founding Member

Bitcoin BTC Long Term Price Forecast- February 16

Bitcoin (BTC) Long Term Price Forecast- February 16

Bitcoin (BTC) Long Term Price Forecast- February 16
 

BTC/USD Long-term Trend: Bearish

  • Resistance levels: $7,200, $7,400, $7,600

  • Support levels: $3,500, $3,300, $3,100

Last month, January, the BTC/USD pair was trading in the bearish trend zone. With an opening balance of $3,832.60, the BTC price depreciated to the low of $3,503.80. In other words, in January, the crypto lost about 8.57% of its capitalization. In January the bears broke the $3,700 support level as price continued its fall to the $3,400 price level.

The broken support level of $3,700 is now a resistance level for the BTC price. On February 8, the cryptocurrency came out of the bearish trend zone as the bulls broke the 12-day EMA and the 26-day EMA. The crypto’s price reached a high of $3,800 but closed at a price of $3,724.The crypto is facing resistance at the $3,700 and $3,800 price levels. Currently, the BTC price is retracing from the recent high and has fallen to the support of the EMAs. If the price is sustained above the EMAs, the crypto is likely to resume its bullish trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is likely to rise.

 

By Azeez M – February 16, 2019

Alan Zibluk Markethive Founding Member

Can God Hear Your Voice?

Here are some simple ways you can improve your prayer life.

Written by Colin Millar on 12/02/2019

Series: Weekly Devotional

Tags: PrayerRelationshipsSalvationThankfulness


Therefore, confess your sins to one another and pray for one another, that you may be healed. The prayer of a righteous person has great power as it is working.

James 5:16

Recently I was driving while listening to a College Student Prayer Conference Call over the speaker in my car. My youngest son, Chris, leads this Tuesday night of “College Worship with a Message” and for most of the time, it turns into 45 minutes of prayer. I’ve heard Chris pray many times before, but on this night when I heard his voice, three things happened at the same moment! 

  1. Tears of joy sprung forth from my eyes.
  2. I heard the voice of our Heavenly Father over my own voice saying: “That's my son!”
  3. God gave me inexplicable joy. The same joy in our Father experiences when we, His children cry out loud to Him in prayer. This joy felt like a drumbeat of rolling thunder through my heart, mind, and soul. 

Let’s pause and pray out loud:  

“Father, I rejoice that You love to hear my voice and heart turned to you in prayer. Please forgive me when I ignore Your presence. I commit to daily being a student in your “School of Prayer” and to cry out to you regularly. Lord, please teach me to pray.”

The best way to learn to do anything is by doing that thing, right?

Would you learn to ride a bike, play football or cook a meal by reading about how to do them? No, you would practice! Like these activities, the best way to learn how to pray is to pray. So we can be obedient by doing it. In James 5:16 we are given the commandment to “pray for one another.” I often quote Leonard Ravenhill when teaching on prayer where he says,  “Few are called to preach, but all are called to pray!” The instruction from James is addressed to every believer in Jesus. So, if you are reading this, then you are called by God to pray. 

A simple way to pray throughout your day

“Give thanks in all circumstances; for this is God’s will for you in Christ Jesus.” (1 Thessalonians 5:18)  Right before this verse, it says, “Pray without ceasing,” which is another instruction to pray. 

Precious reader, those two simple words, “thank you,” are a secret key to virtually every person’s heart, and it can give you the opportunity you need to pray for people. Let me explain in just one instance. Whenever I board a plane, I look at the flight attendants standing in the cabin entrance in their eyes, smile and say: “I want to say thank you to you both for serving in the skies today. God bless you.” Whether it’s to your mother, a family member, a stranger, on the phone to customer service, you can say thank you to them. A very simple next step is to ask this question slowly, clearly and sincerely from your heart:

"If there was one thing I could pray now for you personally, what would it be?" 

This question has allowed me to share Jesus with so many people! A few months ago, I wanted to rent a small car, but there were none available. In America, there is a company called U-Haul, which rents big cars so people can move their belongings from one place to another. Since I could find no small cars, I had no choice but to rent a U-Haul. With a listening heart, God gave me a number of opportunities to say thank you to people and then ask them the "one thing" question.

When we work, we work, but when we pray, God works! In the next 24 hours, God brought Sharon, a gas station manager, Jake, a young man who had been asleep on the couch in the U-Haul office, and Evangelina, my bus driver at the airport, to salvation as I thanked and prayed for each of them in response to the "one thing" prayer question. 

Now, salvation does not come with every person you pray for. However, the more people you pray for, the more you will see God heal, encourage, and set free from worry.

Now, do you want more resources so you can grow in your prayer life? You can use the following: 

1. Igniting Prayer Action’s Online School of Prayer is a simple, eight-session, scripturally based teaching that brings you from a place of setting time apart for prayer to living with prayer as a part of who you are.

2. Zume Online Disciple Multiplication Training is a remarkable, life-transforming way to step into prayer-filled obedience of the Great Commission. I have just completed facilitating a small group of seven through this 10-session journey, and each one of us has grown significantly in our daily rhythm of a prayer-filled life.

Will you commit to saying an intentional "thank you" to five people a day and then asking the "one thing" question of at least two of those people a day?


Pray this week:

“Lord, let me use this lesson as a way to grow in my prayer life. Also, give me the courage to ask more the ONE THING question and share of your saving grace. Amen.” 


Let us know if you asked the "one thing" question with those around you! Connect with a caring Christian friend today.

Alan Zibluk Markethive Founding Member

Bitcoin price prediction – BTCUSD bears have a hard time at 3550 – Confluence Detector

Bitcoin price prediction - BTC/USD bears have a hard time at $3,550  - Confluence Detector

Bitcoin price prediction – BTC/USD bears have a hard time at $3,550 – Confluence Detector

  • BTC/USD is well-supported at the current price level.

  • The bulls need to take out $3,650 to put Bitcoin back on the recovery track.

BTC/USD has steadied below $3,600 handle as the bullish enthusiasm proved to be short-lived. The largest digital coin has been rangebound with downside bias for a few days, singling the loss of the recovery momentum.

A steady flow of positive fundamental news did little to support the prices or engineer a new bullish trend. The industry seems to be humming along, but the market remains skeptical. Traders are in no hurry to push Bitcoin and other digital assets out of the recent ranges and to new highs.

BTC/USD the daily confluence detector

Bitcoin bears may have a hard time pushing the price lower, considering a thin layer of strong technical indicators clustered right under the current price. They include a host of short-term SMA levels, the midline of 1-hour Bollinger Band, 38.2% and 61.8% Fibo retracement on a daily chart, 38.2% Fibo retracement weekly.

Once this barrier is out of the way, the price will bump into another support zone, created at $3,540-$3,520 by a confluence of 23.6% Fibo retracement monthly, SMA200 and SMA50 4-hour and Pivot Point 1-day Support 1.

This area is followed by psychological $3,500. A sustainable move lower may trigger strong sell-off with the next focus at $3,338, which is the lowest level of the previous week.

On the upside, the recovery is capped by a psychological $3,600, which is closely followed by DMA50 at $3,624. This is a strong resistance area that also contains 23.6% Fibo retracement weekly, 161.8% Fibo projection weekly and Pivot Point 1-day Resistance 2.

A minor resistances is also registered on approach to $3,650 (38.2% Fibo retracement monthly, pivot Point 1-day Resistance 3). By taking this hurdle out, Bitcoin bulls will effectively clear out the way towards $4,000 as there is little in terms of technical levels there.

BTC/USD, 1D

 

Tanya Abrosimova

FXStreet

Alan Zibluk Markethive Founding Member

Why Prayer Is So Important

Five reasons why prayer is the answer when life turns upside down.

Written by Janet Perez Eckles on 18/04/2017

Series: Weekly Devotional

Tags: PrayerHealingReassuranceConfidenceAnxiety


The Lord is there to rescue all who are discouraged and have given up hope.

Psalm 34:18

The doctor’s news crushed me. I squirmed on the examining chair.

“There is nothing that can be done for this retinal disease,” he said as he pulled back from examining my eyes. “No one knows how long you’ll have your sight. You need to prepare for the inevitable.”

He was right. Despite my frantic search for a cure, a few months later my vision closed in completely. Horrified, anxious and desperate, I trembled at the notion that without sight, I would not be able to care for my three small sons. I tossed awake at night questioning God.

Where was He? Why didn’t He hear my prayers as I begged for a miracle? Hope threatened to leave me.

But one day God showed up. That day a friend invited me to a Christian church, and everything changed. My eyesight wasn’t healed, but my heart was. I faced my need to know Christ. I realized the emptiness that ruled my life was because I had prayer all wrong. I had asked and asked some more. But prayer required something more, something that made our communication powerful. And that involved listening.

To my relief, after months of soaking my soul in His Word, I added listening to my prayer time. And through that prayer relationship with Him, He revealed these five promises to calm my soul:

1. He will transform.

God was about to transform me as I invited Christ to be my Lord of all. And through Him, God made me righteous. He saw my tears, knew my desperation, and heard my cries. “If you obey the Lord, he will watch over you and answer your prayers.” Psalm 34:15

2. He reassures.

When loneliness tried to come in, God reassured me I wasn’t alone. His army of angels would stand with me, by me, and around me. “If you honor the Lord, his angel will protect you.” Psalm 34:7

3. He strengthens.

Those days when I lacked the emotional strength to be a mom and wife, God’s promise to provide soothed me. “You rule with strength and power. You make people rich and powerful and famous.” 1 Chronicles 29:12

4. He guards.

When tempted to succumb to anxiety, worry or fear, God’s instructions were clear and beautifully reassuring. “Don’t worry about anything, but pray about everything. With thankful hearts offer up your prayers and requests to God. Then, because you belong to Christ Jesus, God will bless you with peace that no one can completely understand. And this peace will control the way you think and feel.” Philippians 4:6-7

5. He answers.

When I needed comfort to face a lifetime of blindness, or in small things like sorting my sons’ clothes or finding rides to doctors’ appointments, I trusted. I believed. And I was confident that God would help me because…“We are certain that God will hear our prayers when we ask for what pleases him. And if we know that God listens when we pray, we are sure that our prayers have already been answered.” 1 John 5:14-15

God’s healing came, not through my physical eyesight, but through the spiritual eyes of my heart. I saw how prayer is a sweetly personal conversation with Him. It’s the direct connection between me, a mere human with the divine Lord. And it’s the channel through which I receive all that’s good in order to bring peace to my nights and joy to my days.


Pray this week:

Father, I praise you because you heard my sobs at night. You saw my struggles as you’re aware of my inadequacies. And I praise you because our conversation-filled prayer gives me the confidence to believe that there is no battle I face that you won’t win for me. And there is no struggle I encounter that you won’t bring victory. In Jesus’ name. Amen.

Alan Zibluk Markethive Founding Member

Crypto Analyst – Bitcoin Investors Are Underwater But BTC Bounces Back Quickly

Crypto Analyst - Bitcoin Investors Are Underwater, But BTC Bounces Back Quickly

Bitcoin’s highly publicized meteoric rise to its all-time high of $20,000 in December 2017 was a classic bubble cycle at its peak. The media attention and hype from individuals talking about the crypto on social media and in social circles sparked FOMO (fear of missing out) in retail investors who eventually got burned when the price of BTC collapsed starting in January 2018.

Throughout the current bear market, due to early investors getting in long before Bitcoin went parabolic, collectively, investors were able to stay above water. But once support at $6K broke and capitulation set in, Bitcoin investors became deep underwater and are still drowning in losses since. However, according to data shared by a prominent crypto analyst, Bitcoin is “seldom underwater” and it could signal that investors could be seeing gains again in the future.

Bitcoin Investors Have Only Been Underwater for Under 2 Out of 10 Years

Bitcoin has been rightfully lauded for the asset’s ability to produce substantial gains not seen in traditional financial assets or investments. Even at current prices of roughly $3,600, from the first ever recorded BTC price of $0.003 represents a 120 million percent increase – gains that are typically unheard of in other markets.

Due to the first ever cryptocurrency’s rise from practically worthless, to nearly $20,000, there have been many opportunities for investors to become profitable in their journey alongside Bitcoin and rarely are investors underwater on their BTC holdings.

According to a price chart from CoinMetrics that approximates the price paid for all circulating coins – as was shared by prominent crypto analyst Willy Woo – Bitcoin investors are underwater for only the third time in the technological and financial breakthrough’s ten years in existence.

Only two times before the current dive have investors went underwater.

At the tail end of 2011, Bitcoin took a three-month dip into the water starting around September when price fell from nearly $8 in late August, all the way down to roughly $2 in November of the same year. It wasn’t until December when BTC made a recovery and came up for a breath of air.

During the dreaded 2014-2015 bear market following the Mt. Gox disaster, Bitcoin again fell deep underwater in January 2015 and stayed there until early November of the same year.

In total, Bitcoin has spent only around 18 months out of the ten years since the Genesis Block with investors of the asset underwater. Given Bitcoin’s resiliency and ability to bounce back, the market may be closer to establishing the ever elusive bottom.

Bye-Bye BTC Bear Market? Not So Fast

While the data does show that Bitcoin investors falling underwater could indicate a bottom is in or at least near, the same data could also be a sad signal for bulls.

Should Bitcoin’s price follow a similar path and trajectory as the 2014-2015 bear market, and it has done so eerily closely thus far, investors in the asset may be stuck spending another 7-9 months underwater before a bull trend resumes.

The previous time Bitcoin went underwater, it stayed there for 11 months before a relief rally occurred that wasn’t immediately batted down by overhead by bearish resistance. The current bear market only dove underwater following the break of critical support at $6,000 back in November of last year, which could suggest that the bear market has a lot longer to go before the end of crypto winter is here.

 

TONY SPILOTRO | FEBRUARY 14, 2019 | 1:00 AM

Alan Zibluk Markethive Founding Member

BITCOIN BREAKTHROUGH – The institutions have arrived’

BITCOIN BREAKTHROUGH -  The institutions ‘have arrived'

BITCOIN BREAKTHROUGH – The institutions ‘have arrived’

Bitcoin evangelist Anthony Pompliano says the institutions have arrived to cryptocurrency, after his digital asset firm signed two US pension funds.

Morgan Creek, which focusses on institutional clients and family offices, says the Fairfax County’s Police Officers Retirement System and Employees’ Retirement System contributed to the US$40M fund.

“Blockchain technology is being applied in unique and compelling ways across multiple industries,” said Katherine Molnar, chief investment officer of Fairfax County’s police officer’s retirement system, in a press release.

“We feel it is important to be opportunistic and are excited to participate in this emerging opportunity, due to the attractive asymmetric return profile that it represents.”

Mr Pompliano believes it’s the first time a cryptocurrency venture fund has raised money from a public pension.

“The institutions aren’t coming. They’re already here!” Mr Pompliano proclaimed.

“A tonne of people worked their asses off to make this happen and it took some incredibly forward thinking capital allocators to have the courage to be the first.

“Couldn’t be more proud of everyone.”

It’s understood the fund will primarily make equity-based investments in start-up companies active in the blockchain space, but also smaller investments in security tokens and cryptocurrencies.

The fund’s investors also include a hospital system, a university endowment and an insurance company.

“We’re investing in infrastructure companies with some small liquid crypto exposure,” Mr Pompliano said.

 

 

February 13, 20196149

Alan Zibluk Markethive Founding Member