Bitcoin Price and Fundamentals - 7/17/2018 - E124

SUBSCRIBE iTunes | Stitcher | Google Play | RSSGET OUR REPORThttps://bitcoinandmarkets.com/reportSUPPORT THE SHOW! No Ads + Member Content on PATREON BTC or PayPal DONATENEW TO BITCOIN? Start herePRICES Price: $6717 | 1 finney: $0.67 Daily 200 SMA: $8917 Mayer Multiple: 0.75 Gold prices In general, I'm 5 year bullish, 20 year bearish 0.2 btc Range bound Above a long term support line back from 2009 through 2016 lows, 2017 lows Below $1375 resistance. Ascending triangle is usually bearish Central banks will go to a gold backed crypto. I'd expect range bound until sovereign debt crisis http://news.goldseek.com/GoldSeek/1531252121.php https://www.bloomberg.com/amp/news/articles/2018-07-16/banks-crypto-assets-may-get-hit-with-new-capital-requirements FUTURES Okex Futures: (Sep) $6742 (spread $25) CME Futures: (Jul) $6715 (Sep) $6725 (open interest 2,850 / 14,250 btc) Bitmex Futures: (Sep) $6714 (Dec) $6722SENTIMENT Longs / Shorts: 34,500 / 24,100 (1.44)MARKET Market Cap: $115 B Global Bitcoin MC: $271 B Maximalist Price: $15,800 On chain vol (24h): 1.2 mil btc ($8.2B) Avg tx val (24h): 5.52 btc ($37 k) Median tx Val (24h): 0.065 btc ($435) MINING Difficulty: est. -3.54% (last 3: 5%, 2%, 15%) Mining profitability: $0.34 THash/day Blockchain size: 206 GB Mempool: 3.5MB Median on chain fee: $0.14/tx https://medium.com/@jimmysong/mining-profitability-and-asicboost-ffdb779ef6ddDEVELOPMENT Merged PRs : 29 Closed issues : 22 LIGHTNING Capacity: 80 btc Channels: 9311 Nodes: 2789 Channels/node: 3.33 Cap/channel: Cap/node: Max channel capacity is 0.16 btc. Some guy that owns shitcoin.com a Bcasher maybe, has put in like 40 btc. It might be an attack, or used to FUD.TRENDS 12 Mo. : 9 /100 30days : 65 /100 Trend: Both these time periods are showing reduced interest again. Be careful for the effects of FUD. Overly bullish out there.FOLLOW @AnselLindner | @btcmrkts | Instagram | Facebook THANK YOU LISTENERS!Huge list of episode sources Music by Joakim Karud and ChinBeatz**DISCLAIMER: This is not investment advice, do your own research.**