Daily Update (12/18/18) | Bitcoin surpasses key resistance, but can it hold?




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34 Comments

  1. Coinbase and Binnance can manipulate everything. Meaning you lose every time. You all need to go and get jobs and stop believing in fairy dust as they say in THE WOLF OF WALL STREET.
    Not a single of these coins have any market usage. Try using any of the software behind your investments and they are a pile of rubbish.

  2. love your work, but i remember the 20% home loan interest rates in the 80's and i learnt REALLY QUICKLY, banks always make sure they bend everything to save them. The entire western world now has 'bail in' laws (yup google that shit!) So its just my educated opinion as well, but i believe you are missreading the stock markets by focusing TOO MUCH on the FANGS. like it or not they are still impacted by peoples spending, debt levels and THE BOND MARKETS! Ohhhh how the bond markets shadow everything in silence 😉
    i hope youre right NICK BUT CHECK OUT THE uk,aust,hk, can HOUSING building markets let alone property price declines, and finally ask yourself the big one.. WHY is the USD doing so well compared to all other currencies? Its NOT BECAUSE THE US IS LEADING THE WORLF IN GDP GROWTH?? So why??
    because to get of international debt and get 'out of the USD system, they need to convert hard assets into liquid, then USD then loacl currencies! So its a short term demand for usd because people see bubbles everywhere and want local fiat to be able to buy gold or property or anything local and longterm safe….
    again just mho, but go further back into history for this correction i think Nick… lol trust me im old!!! (whats an apple share worth when you take away 6 years of share buy backs? there is no price discovery for that!)

  3. Merry Christmas and Happy New Year Nick. Love your videos and analysis. Your great at leaving the emotion out and keeping the big picture in perspective. Thank You 🙂

  4. The fact that Dentacoin is still going up in value means market has not found bottom yet. Still need more pain to learn our lesson.

  5. Capitulation has'n even begun yet…there will be a small bounce back and as soon as everyone gets excited the big crypto dik will get slapped on everyone's forehead.

  6. Cryptos look very much the shark's nest at the moment: fake volume, bogus AI-to-AI trades, exchanges shifting people's holdings… "Proof of key" will reveal how much isht is hiding behind the cryptomarkets.
    On another note, I am now officially part of the stocks sell-off. 🙂

  7. The Crypto's are creeping up. I have BTC, Litecoin, Ethereum and Bitcoin Cash. But Litecoin is what I hold the most of and that has the smallest % in gain but that's OK. Most of my portfolio is with BTC because of the price. I am happy to see them starting to creep up. I am writing this 9 hours after the video was posted and as of 7pm eastern time BTC is up to $3665 and Bitcoin Cash is up to $104 which represents an 18% gain in the last 24 hours……nice. Not getting to excited yet….but ….lets see in a year or two…..

  8. Hi Nick,

    What are your thoughts on the UK equities market at the moment? With all the Brexit uncertainty priced in do you think there is less downside risk compared to US and Europe?

    Cheers

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