Signal Results in July were better overall than last month. Signal providers are still wary of the market conditions, though a few took full advantage of the mid-July market move. VCT in particular spoke to this upcoming move well ahead of time, nice job!
Bitcoin sprung forward into the mid 40k range the past several weeks. After the over 60% retracements on Bitcoin and most cryptocurrencies, the markets made their comeback with ferocity. Accumulation by big funds/institutions continued even with all the past month’s FUD. Dumb money moved out of crypto and put it into the hands of the rich and institutions who now understand the volume proposition going forward. Now slowly new money is pumping up the lacking supply showing in BTC. Most pullbacks get bought very quickly and the ranges are minimized. Signal providers are becoming more active as opportunities present themselves.
Monthly Signal Results
1) Universal Crypto Signals
#1 once again, July was stable at UCS. The recent up move in the markets has given new life to UCS, UCS members again are waiting for the big move higher, with expectations on some juicy trades from UCS as improving signal results in July improved.
2) Fat Pigs Signals
Fat Pigs did great considering the past month’s declines for most. Signal results in July were once again better and more stable. The previous membership dropoff rattled the pigs, but that which has affected many providers has reversed course. People are coming back and there even seems to be an acceleration in the flows of new members.
3) Verified Crypto Traders
VCT went full throttle in July. On one side we had the Platinum Group pick the exact day of the turnaround on July 21st. This helped most of the traders on VCT navigate the tough short-term markets for trading in July. The short-term scalp/swing signals were many indeed, but they were a mixed bag of results. Going forward the traders there are looking for better conditions in August as the markets have settled more.
4) Sublimetraders
Sublimetraders made a steady recovery in July. Signal results improving across the board with some nice wins for them. So they moved up to #4 compared to the past few month’s lower rankings, a great sign for Sublimetraders and their users!
5) Onward BTC
Onward BTC slipped this month with Signal Results in July being less than stellar. Thus they lost a place from above. Lack of activity seems to be a sign of confusion for their style of trading in the July market. Maybe the move up in August will improve their results in the coming month.
6) 4C-Trading
4C-Trading is being reviewed for Signal Results in July, update shortly to come.
Conclusion for July…
The positive move from the July lows may very well indicate a continuation of the overall bull market for the rest of the year. The thinning supply of Bitcoin is very likely to come to a head in the coming months. This could lead to new all-time highs and shock for many traders not studying the history of Bitcoin of the past.
July was a marked improvement for the vast majority of Signal Providers, can’t wait to see what next month will bring! One thing to note as a theme for the coming month will be if BTC can not only hold but advance strongly in August. When the rubes at Walmart want to get into Bitcoin and Crypto, well that just adds fuel to the fire 😉 “Walmart looking to hire Cryptocurrency Staff.”
