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What’s Next for Bitcoin, Ethereum and XRP? Crypto Analyst Says One Metric Will Confirm New Bull Trend

Crypto analyst and founder of Texas West Capital, Scott Melker, is not convinced that Bitcoin (BTC) has firmly shifted out of its brutal crypto winter to start a new long-term bull trend.

According to Melker, BTC must cross one more crucial level of resistance at $10,584 to confirm a trend reversal. BTC last touched that level back in October of 2019.

“Delete everything from your chart. There’s only one line that matters now. A break of this line would be the first macro higher high since the 14K top. Movement above and a flip to support would effectively end the ‘bear market’ argument. Higher high = confirmed bull trend.”

Source: Scott Melker/Twitter

Meanwhile, a popular strategist known in the industry as Bleeding Crypto says a healthy correction is likely coming after BTC’s meteoric 2020 climb from $7,233 at the start of the year to its current price of $10,189.

“Please have a reasonable expectation of the market. Look left on the charts and when was the last time the market went green for a good period of time with no correction. Don’t HODL, rather secure profits and ‘Rinse and Repeat’.”

The analyst has a similar outlook for Ethereum (ETH). He argues that the second-largest cryptocurrency by market cap could hit $285 before dropping to a support level as low as $185.

“Market continues to put in green after green after green, but this is not sustainable. Correction are necessary/healthy. I am looking for a possible [ETH] correct here, but FOMO might take her up as high as the 100EMA on the weekly ($285) We will have to see”

Source: Bleeding Crypto/Twitter

As for XRP, the trader has similar advice for anyone feeling an intense fear of missing out. He believes a correction is also overdue for the digital asset, which is trading at $0.3232, up 67% since January 1st, according to CoinMarketCap at time of publishing.

“I am seeing too many people talking about taking a position right now on XRP. I would advise you to think it over. This is what I think we may see here. No one likes to buy when it’s down but it’s amazing how many people love buying the tops of candles.. I just don’t understand.”

Analyst Josh Rager is also expecting the crypto markets to go through a pullback. But he and fellow trader Cantering Clark also agree that in the crypto markets, nothing is certain and you can often expect the unexpected.

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Algo Affiliates the Leading Crypto/Forex Affiliate Network

Cryptocurrency is a vast dimension. People cannot earn profits only from bitcoin trading, but if an entrepreneur invests in tools or platforms that provide such services, can also high rewards. Skilled developers cannot guarantee the success of the platform. As all the business around the globe revolve around customers. Customers can help make things good by giving their feedback. Reviews can help companies provide what exactly they need. Basically, customer decides the success of any business. It is important that customer should be aware about the services offered by any business, such awareness can be provided with promotions Affiliate programs can be a promotional tactic that can be opt by crypto or forex platforms.

Affiliate marketing is a type of efficient based strategy in which pay commissions for each user or visitor brought by the affiliate’s company. In other words, crypto platforms hire a third for bringing customer for their software. There are number of affiliate programs working in the market, but it is important to choose which satisfy your demands in a more efficient way. Most affiliate programs have different business plans, which may include CPA (cost per action) affiliate programs. CPA is a method in which the affiliate company will get money for every user response.

What is Algo affiliates?

Algo affiliates is among the best affiliate company over the globe. It is a company that provide affiliation services to crypto, forex and CFD. Their human resource is exceptionally energetic, hardworking and determined who aim to achieve more. The company provides more than 125 credible brokers in more than 25 different countries with the most enticing high-quality traffic, and has 200 exciting multilingual deals. The network’s updated technology is very efficient and tracks every click in real time, so that every affiliate marketer can make a profit on any action.
Algo Affiliates are experienced in identifying the best suited source of traffic that is most appropriate in different countries. They function on a CPA basis. Algo Affiliates have high payouts combined with very high conversion rates and EPC. With Algo Affiliates you’ll probably earn more than elsewhere.
It has marketers on Twitter, Social, Internet, PPC, SEO, Email and. Algo Affiliates is a safe place where crypto, forex, CFD can enjoy high rewards.
Our technology is like having a dedicated performance marketing expert sitting right by your side 24/7/365.

Experience team analyses every click made by the users and constantly optimizes it in real-time, to drive more conversions, more often. According to Algo affiliates real success comes through cooperation, connectivity, teamwork and, most significantly, reward sharing. When everyone in the chain is happy and rewarded, it’s inevitable that success comes.

Features of Algo Affiliates

High commissions
Algo Affiliates is the leading network dedicated to offering the best commission rates on the market for the affiliates. But these commission rates vary by region and traffic. If you’re looking for a CPA network that offers attractive commission then it’s the best platform for you.

Cutting edge technology
Applying advanced technology makes the network even more impressive. Algo Affiliates’ cutting-edge technologies keep track of every click and action. Every partnered affiliate’s entire data is under the company’s strict scrutiny and is compensated on the basis of that tracked data.

Customer support
Having a strong customer support program is instrumental in helping clients cope with technical problems or questions. Algo Affiliates has a team of experts who are always able to provide assistance 24/7/365 to their affiliate partners.

Safe and secure
No worries about the security because algo affiliate implements industry standard security protocol.

Timely payments
Affiliates who will be partnered with the network need not worry about payouts at all, as Algo Affiliates take care of their affiliates and pay them on time. On the market, however, there are scammers who can cheat you at the time of payout. But this is not the case with Algo Affiliate as users have very positive feedback about reputation of the network.

High rate of conversion
Algo Affiliates is renowned for its high rate of conversion with the highest earnings per clicks (EPSs). You may be able to optimize your conversion rate with an experienced and efficient marketing manager.

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BitGo Acquires Harbor in Surprise Expansion Beyond Crypto Custody

BitGo is expanding beyond crypto custody with the takeover of a onetime poster child of the adjacent market for digital securities.

The crypto custodian announced Tuesday the acquisition of Harbor, a security token platform best known for a failed bid to offer tokenized shares of a South Carolina apartment building.

Harbor’s subsidiaries, which include a broker-dealer regulated by the Financial Industry Regulatory Authority and a transfer agent supervised by the Securities and Exchange Commission, are included in the acquisition, the companies said. The move allows BitGo to expand its services from custody, becoming what CEO Mike Belshe said is the first “full-stack” service provider in the digital securities space. The terms of the deal were not disclosed.

The acquisition essentially allows BitGo to recreate all parts of the traditional financial system, Belshe said, noting that BitGo itself is a licensed custodian through the South Dakota Division of Banking.

“As we build the market infrastructure for crypto there’s a lot of pieces to put together. At the end of the day the existing market has this huge advantage in having built up its structure over decades and we’re trying to replicate that in a short period of time,” Belshe said. 

The acquisition marks the first time a single entity in the cryptocurrency space holds broker-dealer, transfer agent and a qualified custodian licenses, Belshe said (FINRA and the SEC must approve the broker-dealer and transfer agent transfers to BitGo, a process Belshe said is already underway).

Qualified custodians can store securities on behalf of clients, including institutions; broker-dealers can trade these securities for themselves or for clients; and transfer agents act as intermediaries who help record transactions, among other duties.

While Belshe did not say how much the company holds in assets under management, he said BitGo conducts some $15 billion in transactions each month, including through its international clients.

The firm will add Harbor’s products and services under the acquisition, though an exact roadmap has not yet been finalized.

Port of call

The sale marks a turning point for Harbor, which originally set out to help other companies issue security tokens before later focusing on facilitating the tokenization of existing securities. In September 2019, the firm created ethereum tokens representing shares of four different real estate funds, totaling some $100 million.

The company secured its broker-dealer license and transfer agent registration last autumn.

“One piece that we’ve been missing is custody. We’ve had a partnership with BitGo and so when you’re under the same roof things become possible, you make things more integrated than you could before, we’re exploring that now with BitGo, we’re trying to figure out what exactly the roadmap looks like,” said Josh Stein, Harbor’s CEO. 

While Stein is also joining BitGo, his exact role has not yet been defined.

BitGo plans to expand the number of assets it supports, particularly with security tokens, but Belshe said he could not specify which tokens this might include, citing regulatory ambiguity.

“We’re significantly decreasing the barrier to entry by pulling all of these things together,” Belshe said. “This gives us full capabilities around issuing and trading and transferring of security tokens.”


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The Rundown

  • 1. Getting Hacked
  • 2. Getting REKT
  • 3. Losing Your Crypto Recovery Seed
  • 4. Messing Up Your Crypto Tax Return
  • 5. Bitcoin Is Going to Zero

If you’re like most people in this space, you check the price of bitcoin before getting out of bed. And, let’s face it, probably a few times in the night as well–especially if your crypto nightmares are keeping you awake. Because, deep down, every HODLer knows there’s a lot more to worry about than daily fluctuations.


OK, so you obviously don’t keep all your crypto wealth on an exchange. But we all get lazy about storing our crypto assets at times. While you may get some of your funds back in the event of a hack, there’s no ironclad guarantee-Cryptopia, anyone?

For those of you storing your BTC and alts in the appropriate wallets, you may still be the victim of sim swapping, malware, phishing, keystroke logging, or ransomware. These are crypto nightmares that cost the industry more than $4.5 billion last year alone- as well as plenty of sleepless nights.


Experienced traders know to set stop and limit orders to avoid getting REKT when they’re away from the keyboard. But all the experience in the world won’t help you when BitMEX experiences a “trading glitch” or Binance suffers “performance issues.”14 BTC & 30,000 Free Spins for every player, only in mBitcasino’s Crypto Love Affair! Play Now!

As this furious trader pointed out to Binance’s CEO last week, no one’s going to compensate you for the funds you lose when you can’t close an order:

Even if you don’t actively trade, you probably buy, hold, and try to make some money here and there… Follow ETH all the way down to the bottom then sell a week before it balloons. 

If getting REKT isn’t one of your crypto nightmares, making the wrong call can be equally hard to live with.


Whether you have yours engraved on a titanium plate a la CRYPTOTAG Zeus Starter Kit or simply jotted down on paper(s), you may worry about losing your recovery seed-and probably your hardware wallet as well. 

After all, if you’re one of those people who’s not good with your car keys, storing private keys can be awfully intimidating. 

You may not have held a bar of solid gold in your hands before, but if you have any amount of crypto stored on a hardware wallet you’re starting to get close. Just ask Max Keiser about Gold 2.0. And now freak out a little more about keeping it safe.


Let’s be honest, filing a tax return was never fun when it came to fiat. But filing taxes for your cryptocurrency earnings is one of the worst crypto nightmares there is. 

When the rules are constantly changing and vary by jurisdiction, the last thing you need (after getting REKT) is to find yourself slammed with a tax bill for incorrect filing.


It’s the small of the night and all logic flies out the window in the witching hours when your worst fears come to haunt you. Quantitative easing, an unsustainable financial system, Austrian economics, Andreas Antonopoulos, and your unwavering faith to one side, you wake up in a sweat. 

Could this whole thing actually just disappear from one day to the next? Could bitcoin really go to zero?

Then daylight comes up and your faith is restored by a tweet from Erik Voorhees, one of the Winklevoss twins, Max Keiser or Jimmy Song. 

You knew it wasn’t real, just like there are no monsters under your bed, but Warren Buffett’s niggling naysaying somehow seeped into your sub-conscience. The biggest of all the crypto nightmares there is.

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