The Daily Dood for 2- 21 -18

Today's bitcoin low was about $10,200 USD on BitFinex

It's looking like resistance is beginning to turn into support around $10,700 USD. Our low today was $10,200 USD as we begin to climb back up. I'm seeing support levels at $10,200 and around $10,050 USD.

If we can break what looks to be a little resistance around $11,000 USD it looks like we could end up back on this projected trend line from yesterday shown in the one day chart below. We fell just below it, and if we can get back on track the round bottom on the 30 minute chart is a good indicator the trend may continue upwards. At that point the next level of resistance would likely be around $11,182 USD then a return to $11,788 USD

The 24 hour market cap for bitcoin was just above $184,000,000,000

The 24 hour market cap for altcoins was just above $469,000,000,000

Bitcoin dominance continues to rise, currently around 39.36%

Today's Headlines

Hackers Cryptojack Tesla’s Cloud to Mine Monero https://www.ccn.com/tesla-becomes-the-latest-big-name-crypto-jacking-victim/

U.S. Congress Eyes Federal Oversight On Cryptocurrency https://coinivore.com/2018/02/21/u-s-congress-eyes-federal-oversight-cryptocurrency/

‘Zen Master’ Steven Seagal Confirms He Is Face Of New ‘Superior’ Coin Bitcoiin2Gen https://cointelegraph.com/news/zen-master-steven-seagal-confirms-he-is-face-of-new-superior-coin-bitcoiin2gen

Western Union Is Officially Experimenting with Ripple’s xRapid Technology https://themerkle.com/western-union-is-officially-experimenting-with-ripples-xrapid-technology/

New Jersey High School Offering Lessons In Cryptocurrency and Blockchain https://www.newsbtc.com/2018/02/21/new-jersey-high-school-offering-lessons-in-cryptocurrency-and-blockchain/

When it comes to Bitcoin, it's time to buy a better lock http://ibt.uk/A6ycR?utm_source=social&utm_medium=twitter&utm_campaign=/when-it-comes-bitcoin-its-time-buy-better-lock-1662991

Bitcoin for Boobs – Who’s Currency Is Failing Now, Carney? http://bitcoinist.com/bitcoin-for-boobs-whos-currency-is-failing-now-carney/

The Legal Risk to ICOs That No One's Talking About https://www.coindesk.com/legal-risk-icos-private-lawsuits-securities-laws/

ETF Industry Veteran Says Cryptocurrency "Has The Power To Transform Financial Markets" | Zero Hedge https://www.zerohedge.com/news/2018-02-21/etf-industry-veteran-says-cryptocurrency-has-power-transform-financial-markets

Virginia Beach: An American Cryptocurrency Center in the Making https://bitsonline.com/virginia-beach-cryptocurrency/

Ripple Keeps Making Friends – RippleNet Provides a Gateway to Emerging Markets http://bitcoinist.com/ripple-keeps-making-friends-ripplenet-provides-gateway-emerging-markets/

SEC.gov | SEC Charges Former Bitcoin-Denominated Exchange and Operator With Fraud https://www.sec.gov/news/press-release/2018-23

Youtube, Podcasts, Media

Tweet of The Day

So while the banking regulators in India were bashing bitcoin for being "unregulated", a $2 bn fraud ring was growing under their noses. One of their biggest banks (regulated) was doing all the money laundering.

Honestly, it's almost as if money laundering is the job of banks

Andreas M. Antonopoulos aantonop February 19, 2018

STEEMIT

WIN from 15 SBD in prizes - Steemit #BeerSaturday Challenge week 37 calls all Steemians to join — Steemit https://steemit.com/beersaturday/@detlev/win-from-15-sbd-in-prizes-steemit-beersaturday-challenge-week-37-calls-all-steemians-to-join

Links

How To Become A Blockchain Developer: Crash Course!
https://blockgeeks.com/guides/blockchain-developer/

H.R.3708 - To amend the Internal Revenue Code of 1986 to exclude from gross income de minimis gains from certain sales or exchanges of virtual currency, and for other purposes.
https://www.congress.gov/bill/115th-congress/house-bill/3708

Music and cryptocurrency commentary http://radiocrypto.com/

So many people ask me about TA or technical analysis and where to start. Tone Vays just put together a real great educational page covering the basics of TA. http://www.libertylifetrail.com/education/learntrading/

It's looking like Binance is taking on new traders again. Sign up while you can, and find out why over 3,000,000 active cryptocurrency traders call Binance home!
https://www.binance.com/?ref=11560333

The End

The Daily Dood is a review of my daily Twitter feed and some of the interesting articles I find here on Steemit. If you're on Twitter hope you decide to join me here:

https://twitter.com/BitcoinDood

That's it for todays edition of The Daily Dood. If you found the information in this post useful I hope you decide to follow for the daily headlines and events happening in the altcoin & cryptocurrency space. Nothing here is meant as investment or financial advice. Please seek a duly licensed professional for investment advice, not some guy on the internets who refers to himself as The Dood. Thanks for reading and happy trading!