Coinbase accepts fast £GBP deposits [FPS] for Bitcoin...

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Some progression in the UK at last for buying cryptocoins...

the best site to buy crypto in the UK was cryptomate.co.uk (still has WAY more than ANY other!)

now Coinbase has opened up the Faster Payments System with the UK banks so you can now instafund your Coinbase account with very little waiting time!

ETC will be added on the 7th August

you can sign upto coinbase here: goo.gl/n6KEAe (fee free trading and withdraws)

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BTC/GBP:

Going to see some more volume on this pair in August and beyond

Charting this so UK buyers can get an idea of levels are targets while the US dollar controls the price still

Seems like we had a Golden Cross form on the 22nd July and the COP moved up into the Bull area a week before that and it produced positive moves towards the last high of £6475, selling pressure has forced it down to the very strong support of the 0.618 fib level just shy of 5600

If this fib support holds then we can see retests of the last high and most likely with current market conditions to fake out and rebound back down to the last 2018 major lows of £4100-£4400, if the fib level breaks we can consider these targets without going to test the last highs

good trades to all, come join us in our chat or leave questions in comments below....
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GBP chart looking the strongest
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bouncing off fib looking to go lower 4400 on £GBP
Bitcoin (Cryptocurrency)BTCGBPbtfdcoinbaseGannGBPTechnical IndicatorstradingTrend AnalysisUK

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