Miami’s 7News WSVN reported that during an interview on Thursday, Representative Frederica Wilson (D-FL) responded to criticisms from the White House by stating that it’s “amazing” that she’s become important enough to be followed by the White House and will have to tell her kids “I’m a rockstar now.” According to 7News, Wilson responded to White House Chief of Staff General John Kelly’s criticisms of her by stating, “Let me tell you what my mother told me when I was little. She said, ‘The dog can bark at the moon all night long, but it doesn’t become an issue until the moon barks back.’” Wilson also reportedly addressed criticisms from the White House and threats she says she received from white nationalists by saying, while laughing, “You mean to tell me that I have become so important that the White House is following me and my words? This is amazing. That’s amazing. That is absolutely phenomenal. I’ll have to tell my kids that I’m a rockstar now.” (h/t Washington Examiner) Follow Ian Hanchett on Twitter @IanHanchett
Former President Bill Clinton asked permission from then-Secretary of State Hillary Clinton’s State Department to meet with Russian nuclear officials at a time when the Obama administration was considering a deal to allow a Russian state-owned company…
Thursday on his nationally syndicated radio show, conservative talker Rush Limbaugh offered his thoughts on former President George W. Bush’s remarks earlier in the day that some have suggested were calling out supporters of President Donald Trump. In his remarks in New York City, Bush criticized bigotry and white supremacy in society and added that “nationalism distorted into nativism” was evident in politics. Limbaugh reacted by asking if this was Bush’s way of calling out the “deplorables” 2016 Democratic presidential nominee Hillary Clinton spoke out about publicly during her campaign. Partial transcript as follows (courtesy of RushLimbaugh.com): LIMBAUGH: George W. Bush did not say much of anything for the eight years of the regime of Barack Hussein O. He didn’t write a letter. He often said, “Hey, I had my eight years. I’m not gonna comment on my successor. It’s not the way we former presidents do things,” unless you’re Bill Clinton or Algore; then you do. But George W. Bush never did. I don’t think Bush had anything to say about Clinton when he took over in 2000, and I don’t think he had a thing to say while Obama was unwinding his agenda. And this, again, is something I
Thursday at a campaign event in Newark, NJ for the New Jersey’s Democratic gubernatorial nominee Phil Murphy, former President Barack Obama said it was time for “rejecting a politics of division” because “some of the politics we see now, we thought we put that to bed.” Obama said, “You are going to send a message to the country, and you will send a message to the world that we are rejecting a politics of division. We are rejecting a politics of fear. We are embracing a politics that says everybody counts.” He added, “What we can’t have is the same old politics of division that we have seen so many times before that dates back centuries. Some of the politics we see now, we thought we put that to bed. That’s folks looking 50 years back. It’s the 21st century, not the 19th century, come on.” Follow Pam Key on Twitter @pamkeyNEN
Thursday on “Bloomberg Markets,” Republican National Committee chairwoman Ronna McDaniel said she shared the same “mission” of getting “a better majority for the president going into 2018” with the former White House chief strategist Steve Bannon. Bannon has announced publicly he was targeting some Republican senators who support Majority Leader Mitch McConnell (R-KY). McDaniel said, “The great thing about the RNC is we stayed neutral and primaries for this very reason. When you have divisive primaries, and it is competitive, and tempers or emotions flare, we need to bring people together after the primary and let our purpose unite us because we want to keep those seats Republican. I do get concerned about too many primaries depleting resources and taking resources away from the general, so we’ll see what happens, but we are focused on keeping those seats and expanding our majority in the Senate.” She added, “Steve has done a great job for the president. He is engaged. He is emotional about these races. He is going to get involved of course he is; everybody should everybody should be engaged. Steve’s mission is the same as mine in the sense that we need to get a better majority for
Missouri Attorney General Josh Hawley, who was labeled Mitch McConnell’s “No. One recruit of the  cycle” refuses to endorse McConnell for Majority Leader.
Karl Rove-backed Rep. Robert Pittenger (R-NC) told North Carolina high school students that President Donald Trump’s promise to build a southern border wall was just a “euphemism” – Trump was just talking about border security.
A potential Wyckoff Distribution phase is under way as bitcoin continues to climb on shaky ground. Days after having a strong $1,000 climb and nearly reaching $6,000 on most exchanges, we saw a strong rejection of the upper limits of the market as it plunged $600 over the course of a few short hours. Let’s take a look at the macro pattern and draw a few similarities to the Wyckoff Distribution schemes:
Figure 1: BTC-USD, 2-Hour Candles, Potential Wyckoff Distribution Phase
In order for the current distribution phase to be reliable, there are certain milestones the market must reach. As shown above, we previously established a point of Preliminary Supply, a strong Buying Climax, a knee-jerk reaction into an Automatic Reaction low, and a weak rally that ultimately led to a Sign of Weakness that pushed us down several hundred dollars. The rebound from this low was strong and occurred on very high volume. However, over the length of the rally post-sign-of-weakness, the volume has begun to taper as the momentum indicators are showing signs of bullish exhaustion as it finds its local high at around the $5,700 values.
One of the following milestones for the Wyckoff Distribution phase is one last dip as it tests the previous support around the Automatic Reaction low. As of the the time of this article, the current market trend is showing signs of bearish divergence on the 120-minute candles. Zooming in closer, we can see clear signs of a potential small reversal:
Figure 2: BTC-USD, 30-Minute Candles, Waning Momentum
Both the RSI and MACD are showing signs of bullish exhaustion throughout the length of this rally. Any pullback will likely be supported by the Automatic Reaction support level. Historically, this has been a strong point of support and is made more evident on the 60-minute time frame:
Figure 3: BTC-USD, 60-Minute Candles, Strong Support Zone
The 200 EMA on the 1-hour candles is historically a great support level and provides traders a pulse on the market health. As of the time of this article, the 200 EMA is lining quite nicely with the support zone offered by the Automatic Reaction Zone. A test of these price levels would take a strong push to break and hold below. If the price continues through the Wyckoff Distribution, we can expect a test of the 200 EMA and a subsequent bounce triggering an Upthrust to new all-time highs. As mentioned in the last BTC-USD market analysis, we are trending along a macro channel:
Figure 4: BTC-USD, 1-Day Candles, Macro Ascending Channel
An Upthrust in this potential Distribution Phase would have a price target testing the upper channel in the $6,200–$6,300 price range.
A potential Wyckoff Distribution Phase is playing out.
If the Distribution Phase plays as expected, we will see a test of the 200 EMA and a subsequent spring to new all-time highs.
If an Upthrust to new all-time highs occurs, we can expect a price target in the $6,200s.
Trading and investing in digital assets like bitcoin, bitcoin cash and ether is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment advice. Statements and financial information on Bitcoin Magazine and BTC Media related sites do not necessarily reflect the opinion of BTC Media and should not be construed as an endorsement or recommendation to buy, sell or hold. Past performance is not necessarily indicative of future results.
The post Bitcoin Price Analysis: Potential Wyckoff Distribution May Spring New All-Time Highs appeared first on Bitcoin Magazine.
“I’d say it was probably the most difficult,” he acknowledged, calling the storm “worse than Katrina” and saying that “it was in many ways worse than anything people have ever seen.”
Laura Ingraham was one of the few people who saw Donald Trump’s shocking victory coming. In her blockbuster new book, Billionaire at the Barricades: The Populist Revolution from Reagan to Trump, she explains how Trump got elected and the forces he—and other economic nationalists—will have to battle to implement the people’s agenda. It is a must-read because Ingraham takes readers on a fast-paced journey through the 2016 campaign cycle and shows how everyone who was blindsided by Trump’s rise should have seen it coming. But the book is worth keeping on bookshelves and Kindles because it explains the timeless tenets of the “conservative-populist movement that powered” Reagan to historic landslide victories that reemerged with Trump’s 2016 win and why Trump’s supporters must fight for the America-first agenda against the permanent political class of both parties whose business models are threatened by it.