The Psychedelic Paintings of Yu Maeda

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The psychedelic work of Yu Maeda mix creatures, shifting views, and touches of the artist’s expertise in graphic design. Born in Kumamoto, Japan, and at the moment based mostly in Southern California, the artist combines influences from the entire fields he’s touched, together with animation. A few of his extra symmetrical works resemble Tibetan Buddhist mandalas, whereas others tackle a extra portrait-style have a look at his monsters. Extra Supply hyperlink from WordPress https://ift.tt/2OkGLyn via IFTTT
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Bitcoin Price Analysis August 22

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Finally the $6000 – $6600 range has been breached. During this morning, a massive short squeeze took place in Bitcoin: A short squeeze happens, in simple words, when there are a lot of open short positions (short positions were at their peak yesterday). Getting Bitcoin to the levels where lie liquidations of those shorts triggers the market to go higher (due to the liquidations) and that liquidates more shorts.

For the market makers, the option of a massive short squeeze became easier since Bitmex exchange had a scheduled maintenance. The squeeze effect reached a high of $7148 on Bitmex! Before getting down to the current levels around the $6600 famous resistance – turned support.

What now? RSI levels are very high (market is overbought) so for the next hours we could expect re-testing the $6600 level again. Next resistance lies at $6800, and afterwards $7150 – $7200 (Moving Average 200 days and strong resistance level). An Interesting month to Bitcoin, with ETF decisions ahead.

Bitcoin Prices: BTC/USD BitFinex 4 Hours chart

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