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Has the Bitcoin (BTC) bear market ended or not?! Let’s discuss this and some cryptocurrency trading technical analysis (TA) + current market news on today’s video!
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Disclaimer: The content covered in this video/live stream is NOT investment advice. I’m NOT a financial adviser. These are only my own personal opinions, ideas, charts, technical analysis (TA), insights, news and price predictions. Always do your own research and only invest solely based on your own findings and personal judgement. Deciding to invest in and/or buy Bitcoin (BTC) or any other type of cryptocurrency is extremely high risk and the market can crash at any time! This video/live stream is purely for entertainment purposes only!
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In terms of a market cycle Have we or have we not seen a capitulation move to the downside? If we have do you consider the capitulation move the February low? Admittedly I am a novice when it comes to these things but IMO I do not believe we have. I believe we are in the denial phase. Most concisely, Everyone thinks 6k will hold and this market is ready to rebound. Yes some have capitulated but most true believers are continuing to hold. Many traders are saying 6 k could be the bottom. I don’t think we’ve seen true anger or depression.
What’s up Kirby? Is grandma baking any cookies today?
When you realise Kirby didn't post a video for once lol. Was looking forward to it
Why do you have Indian markets on Trading View , Kirbs?
We need one last good cleansing!
Not only do we have to decouple from bitcoin for this market to succeed in a "true" sense. We also have to decouple from whales, and miners for any "true" action in market. We are in their reality till we can break through this S*** show. JMHO.
Hi here in my country 3 international banks banned crypto to fiat related whitdrawals in the 6th of february …coincidence that btc bottomed at exact date? i dont think so
I m not worried. it will be time when you wanna get into crypto and cant 😉
Very much in the same mind set as you Kirbs at the moment. The market could go either way, but bear in mind crypto is new to most retail investors and a huge number of people and money have come into the space since December 2018 therefore its very credible that we have set a higher average bottom than previous years plus with still a lot of longterm retail investors sitting tight no matter what, leads me to believe we have probably bottomed out. However if the MC drops below 198 bil next couple of days there might be a dump.
Informative as always. Thanks Kirbs.
Thanks Kirby Id give 10 thumbs up if I had them.
Great as always! Thanks Kirbs.
I see a big bullflag. That bullflag from January till September 2018.
Neutral as well. Crypto market full of surprises. Just when you're sure its going to go one direction it does the opposite.
Check out the Crypto Sniper's take on Novograts' take
At 4000 – 5000 so many miners will stop mining because of costs.. but the difficulty will stay super high……
I believe from now on we will slowly build momentum to the next bull cycle. You could see (double) bottoms in some altcoin charts too, Eos, TRX, etc… (Like ETH as you said). We also had An extremely low total market cap late september 12th… And now slowly growing. We need a catalyst!
Nice one Kirby!. I did enjoy the topic change. My sentiment is more Bearish for a while longer. Cheers
Can you do a video on deeponion
u got me
Water cooler James is going to buy the company out he is working at just to fire his boss. :-p
Wouldnt you say that with whales and otc btc that the market and ta is irrelevant given that they can swoop in and destroy the value in a New York minute? Just sayin….
Kirbs your insights are always correct. I'm pretty new to this. Been in a little under 2 years now. Let me ask though. That parabolic rise we all enjoyed last year..could a rise that extreme even be possible without the volume China brought to the market ? Is it possible for prices climb so much while cryptos are banned in China ?
Jsnip4 approved!
I love your videos! Keep the great work going! Never quit!
Bullish baby let’s go!
We are not done. Close but not there yet. 1 more month to go. Playing this market like a fiddle. Stay classy kids
Weekly RSI needs to hit the oversold area once to confirm the blowoff period is underway…we are still halfway there
I entered the market in December as Fomo Joe because I received a tip from Jaayyyymmeeesss at the water cooler! I took a very quick trip to rekt city.. Next thing I knew, I was the mayor of rekt city at 85 percent losses and more in some cases. Not even going to say how much money I lost HAHA!! Then after all the "I don't believe in technical analysis" youtubers dropped off the planet one by one, only the savage traders remained. Instead of pissing and moaning about it, I decided to learn from savages. I am pleased to say that I now have an iron gut and am close to becoming savage Joe as I have already begun earning back my loses on swing trades. Thanks to a savage named… Crypto Kirby among a couple other good traders who graciously share their knowledge on how to Trade correctly. Cheers!
Whenever you see sharp drop in price and then Volume coming that's the indication of Commence of the extreme Bull market for that coin. Ethereum will go to the moon by New Year , better to invest in it and become the savage Joe !
Price of Bitcoin doesnt matter untill November when Bakkt- Bitcoin banks will launch. Expecting September to see the bottom and maybe even a 5K low and then October to be reaching for 7-10K. Bitcoin levels are looking for a bottom and will begin recovery. It's confiding to hear Kirby saying the same thing I have been saying
Best indicator for Btc are the alts. They lost more than 90% and I believe they have bottomed out and If you look at their chart then you can tell bitcoin has bottomed also.
Its berly gonna start BUY MORE . Prices will go back. Ltc . Dash . Btc
Kirbs!!
You’re the man Kirby. Enjoy all the videos. Thanks for your thoughts today.
Thanks again Kirby……excellent, definitely the best and only crypto TA worth watching
Why do you guys tease on James the Water cooler? Can some one explain to me?