It might not be our favorite exchange, but I have made a shit load of money using their interface so lets dive right in before it's the weekend (not that trading stops during the weekend). 

I wasn't so confident posting about trading because I was commenting with some high rollers who have made a lot more crypto than me.. @edicted ;) but I have to say my analysis was SPOT on (late by a 2 days). Perhaps the rally is starting again but I eloquently called exactly what was going to happen this week to MAKE MOAR crypto. 

Did I do it? Hell no because I'm DRY. I have a family and I can't be going gambling their money if I need it to put food on the table. I'm not a young Teenage or Twenty something guy who can put it all on the line. Remember we are talking 10,000's of thousands of dollars. I prefer buying Gold and Silver and letting it collect dust for 20 years. I'm confident it will keep up with inflation.

When I am loaded with tokens I follow my own advice. I don't need to say one thing and do another; unless there is some type of flash crash.

![](https://cdn.steemitimages.com/DQmenKMMPs52me1RG1iT1XooB6oH49dxGMhMG4WEG11xKk7/image.png)

Right now using Bittrex exchange there's more buying than selling..10:11 am ET

Checking 30 moving average past year:

![](https://cdn.steemitimages.com/DQmYkn5iHCzpWhp59CMektNSnTqFXPBWGQNRatemJXE85xa/image.png)

$8200 was the top last year to date.

![](https://cdn.steemitimages.com/DQmZUonxaeSd3MxEnLKN4KQhRtueaZTft3a7Z8B69CJAqiD/image.png)

Sometimes data looks VERY different. Here is the 7 day moving average over a year. Because BTC is so speculative I like to collect data with smaller window of change. Anything can happen within a second, but a week is good for my data collection. When I day-trade I go for the smallest windows of change, middle window, and long. Then I make my decision. I have also learned to NEVER buy the news; but sell it.

![](https://cdn.steemitimages.com/DQmZUonxaeSd3MxEnLKN4KQhRtueaZTft3a7Z8B69CJAqiD/image.png)

Our waves generally follow in 5 bursts upward each time dropping slightly; or even correcting 30-50% for a retrace. To me on the 7 day it looks as though we have had perhaps 3 waves and at this moment having some consolidation (which means it's probably going to drop to $10,500). When will this happen? Probably next week! Right now we are sitting at $11,715! I am anticipating that drop. Remember when BTC was at 18,000? Well it was EASY to call the top. This isn't the top right now IMO. That's when things get dicey again. 

Now it's important to realize that when trading things happen un-related to BTC, but can certainly effect it's price. For instance, this article here could have changed some long term outlooks for some traders:

https://markets.businessinsider.com/currencies/news/trump-rant-bitcoin-crypto-called-archaic-by-devere-nigel-green-2019-7-1028348749

On Thursday President Trump tweeted that he "was not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air."

So there you go. It's not like mortgages and money creation are not created out of thin  air LOL! Trump isn't stupid; his baby is in the dollar like most other wealthy Americans. Plus what is more patriotic than believing in your imaginary bank notes created out of 'thin air' but I digress..

STEEM

Oh boy this is more than enough to give me heart burn.. So let's dive right in.

![](https://cdn.steemitimages.com/DQmWtdy1dZBPZsFjNci4eAtC8BqYDaHMHPwKDgBKyLjZSkp/image.png)

On the 7 day moving average it's FREAKING DEPRESSING..

The 30 day is basically showing me the same data.. All I can tell you is that we are probably going to hit some lows. There is no news to sell, even though STEEM-ENGINE and our new tribes are a success. Perhaps our new tribes will be the ones to create the NEWS. I wish I had more to talk about with STEEM but it's BEARISH.. bearbear-ish.

I'll move on quickly from that. We all know what needs to happen with STEEM. I have tried my best to on-load people; but crypto is still young in people's minds. Mass adoption is difficult when there is a learning curve. It was daunting for me at first. I was determined to learn it, get on exchanges, and get something physical from my blogging. It took me a good year of time to do that! I make a hell of a lot more money in my career than blogging and trading. That is a past time for me. If STEEM ever exploded in price, I would still have to stick to my career. 

In any case,  I wish you all happy trading. If you find my analysis to be poor; please let me know in the comments section. I have room to LEARN and to GROW!

See you; even if STEEM drops to 0.18 cents ;)