• Bitcoin has a bullish short-term bias, with the cryptocurrency trading at its highest level since January 2018
• Technical indicators on the four-hour time frame show that the BTC / USD pair is extremely overbought
• The daily time frame shows that bulls have now triggered a huge inverted head and shoulders pattern

Bitcoin has a bullish short-term trading outlook, with the BTC / USD pair advancing to its highest trading level since June 2018 and spiking just shy of $13,000.

• Crypto.com Chain has a neutral short-term trading outlook
• The four-hour time frame continues to show a valid bearish pattern
• The daily time frame shows that the CRO / USD pair remains trapped within a descending price channel

Crypto.com Chain has surged after the company announced that it’s planning to launch its U.S. Visa card in partnership with Metropolitan Commercial Bank on July 14, 2019.

Today, PwC Strategy and the Swiss Crypto Valley Association released their 5th Global ICO/STO report, timed to coincide with the second annual Crypto Valley Conference taking place in Zug, Switzerland.

The report offers strategic insights into the state of the cryptocurrency markets leading up to June 2019, the emergence of the initial exchange offering (IEO) as a means of funding, underlying infrastructure trends, and the progressing regulatory framework.

Americans need to focus on decentralized exchange liquidity, and they needed to do it yesterday. As we discussed yesterday, altcoin exchange options for American investors are dwindling; after Binance restricts Americans from its main platform on September 12th, we will very possibly see capital flight to Bitcoin, and fewer options for U.S. citizens to trade certain altcoins. 

• QTUM has a bullish short-term bias, with the QTUM / USD pair advancing to a fresh 2019 trading high
• The four-hour time frame shows that a bullish breakout is currently underway
• The daily time frame continues to show a valid inverted head and shoulders pattern

QTUM has a bullish short-term trading bias, with the cryptocurrency surging to a fresh 2019 trading high.

• TRON has an increasingly bullish short-term outlook, with the cryptocurrency testing towards the current 2019 trading high
• The four-hour time frame continues to show a valid inverted head and shoulders pattern
• The daily time frame shows sizeable amounts of bullish MACD price divergence

TRON has gained momentum after the project announced a