Bitcoin Market Sentiment on 2018-07-05

Aloha!

In the crypto market (actually in all markets as you all know, but I’m only interested in crypto) there are two major forces that move the market – the bulls and the bears. That’s why you often hear of the market being bullish or bearish.

As of 11 July, 2018 we are IMHO “officially” in a bear market. Some might argue “we’re bearish since the Death Cross happened”, others might say “Hell no, actually, since *insert your date here*”, etc.
As a matter of fact, July 11 is a date I decided to write this post, and it just happened that the weekly candle closed below 50MA (two weeks in a row).

Whatever.

I’m not here to point out who’s wrong or right, who’s a good or bad Technical Analyst (aka TA).
No one’s always right 100%. Nobody on the list below is a psychic or has a crystal ball (that being said, if there’s a psychic among you who predicts the future and do other awesome stuffs – please contact me ASAP. I want to be your friend 😆).

My goal here is to gauge the current crypto sentiment by following TAs tweets/comments (+ some other sources) and provide data on it. All the information here is for educational purposes only! These numbers aren’t buy/sell signals! Therefore, everything I write here is not financial advice! Please DYOR, trade responsibly and consider your investment decisions carefully!

Some things I’d like to add:

1. Sure, I could add the detailed analysis done by TAs, but I think many of you will be in "TL;DR" mode instead.
2. These are just Technical Analysts that I know of. Of course, there are more of them on Twitter / Youtube. Feel free to suggest any other TAs. I’ll review them and maybe post their targets/comments next time.
3. Some TAs don’t post Bitcoin charts often, so I will probably add or remove some names.
4. Comment below if you find any mistakes (for example, incorrect info or typos).
5. If you have any ideas on how to improve the list and make it more interesting – please let me know!
6. Just in case:
   • T1 means Target #1;
   • T2 = Target #2;
   • T3 = Target #3;
   • ST = Short Term;
   • MT = Medium Term;
   • LT = Long Term;
   • 1SAAT = One Step At A Time. Just means that Bitcoin price prediction is short term only.
   • The information in round brackets is @cryptocoq’s notes.
   • Please keep in mind that ST/MT/LT are all relative terms. Every TA has their own time frame definition. For some people ST can be a few days but for others it can be two weeks, etc.

Enjoy and if you like it, please share and spread the love!

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Update date	Analyst (in no particular order)	Sentiment	Target	Reference	Comment
2018-07-05	LisaNEdwards	neutral	~$8100	Tweet	“8100 is primary target. If BTC can't break through 7350, it can go down to 5450. If it goes to 8100 and only retraces to 6560 area - a bull scenario is on.”
2018-07-05	TradingRoomApp	ST bullish MT/LT bearish	ST - $7080 / extended target - $7400 → ~$6300-$6600	Tweet	“A move over to the broken trendline will be rejected. Price may spend sometime above 7000 but will eventually pullback to 6300/6600”
2018-07-05	Tone Vays	bearish	~$7050 (“It doesn't feel like we're gonna make it there”)	Youtube	“I think this rally is pretty much over. I'm expecting prices to go back to $5000 pretty soon... As long as we stays above the blue line (which is around $6300), you can still consider things as bullish.”
2018-07-05	Crypto Wendy O	ST bearish	~$6400 (intraday target)	Tweet	“We would still have to break the fib support of $6505 but I think $6400 would be the low point before a bounce. The weekly is very bullish MACD and STOCH are ready to run together.”
2018-07-05	Cryptonomic	ST bullish	~$6900	Tweet	“I think we just completed wave 4 of C and have leg up to 6900 we see dump.”
2018-07-05	Tyler Jenks	bearish	~$6000	Tweet	“Once again Bitcoin has negated the last up pulse to $6,800 and has fallen to $6,475. I believe, that from this level the next pulse will be down and will once again test the $6,000 level. Short term negative, intermediate negative, long term negative.”
2018-07-05	Waves618	ST bullish MT/LT bearish	~$7400 → ~$4300	Steemit	“I think we're going to test 100 daily MA.” (which is around $7400)
2018-07-04	dKrypt.io	ST bullish	~$6900	Tweet	“Personally, I am leaning more towards the 1-5 diagonal than the WXY combo because of the bullish indicators.”