Is Bitcoin Going To Break $3,000? You Need To See This!




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In this video we discuss the potential of Bitcoin breaking below key support at $3,000. We’ll talk about several scenarios that may lead to the all important Bitcoin support level being breached.

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BTC
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ETH
0x5115ACa82edf204760fE3B351c08a48d6004D89B

LTC
LSKXx3fQRK5LMowGznVvo6A9NtmtaQaoqP

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About the Author: Crypto Jebb

29 Comments

  1. We should all wait patiently for bitcoin to lower so we all benefit. If a lot of people buy around the same time the price will increase once again. The decline was mostly because of the ‘hype train’ surrounding bitcoin. Now the only people interested are truly the real investors. I feel as if it won’t go lower then 2500 but the lower the more I’ll buy. I’ll see you guys back here in 3 years when it’s 40k+

  2. Accumulating BTC since 2012… Got in on the ground floor with LTC & TrX (for speed) iOST & ZIL (for scalability) NCASH & TNB (for resource buybacks and mining)… Just bought another 100,000,000 HOT, NPXS, DENT & BTT (for resource buybacks and mining FOR INFORMATION is knowledge and KNOWLEDGE is POWER) each @12 satoSHis… Invest with confidence and patience… They WILL ALL 100x – 1000x by 2020!! 😉 HODL

  3. @10:45 Bitcoin has grown large but we also have to put things into perspective. The whole crypto marketcap is about 110B. Apple alone current market cap is about 800B from a slump from over 1T. Last year this time the US stock market alone was worth 30T.

  4. This will drop until average joes like you and I go, “ I’ll invest, its cheap enough” once it hits a price that the majority are willing to pay itll skyrocket back up higher than its ever gone and anyone who believes in it and bought in at the low will be rewarded greatly. I don’t think that’ll happen till about 1500$ish for a majority of believers and more importantly NONbelievers to invest in it. Just my guess.

  5. I am very interested to see how this plays out in a case of breaking lower. Or if world equities go into recession in the next year. I see that maybe btc could be considered a mild hedge, but people will run to tried amd true bread and butter USD. Then that will collapse and thats where btc might take off, however that is only after it has collapsed significantly and fallen along with everything else as people rush to security in USD, then realize its worthless.

  6. Start drawing the 300 wma on your charts because that's likely where BTC is going to find support in this 3rd cycle; first cycle Jun 2010 to Oct 2011 found support at the 100 wma; 2nd cycle Oct 2011 to Jan 2015 BTC found support at the 200 wma; this 3rd cycle will likely find support at the 300 wma now about $2400 with a wick under.

  7. What if all the people that could buy BTC have already and there is no one else to ever make a good bull run? lets face it BTC is hard as hell to buy. i've killed two credit cards and have had to switch bank accounts 3 times because banks don't like it.

  8. Heya Jen. Interested to get your take on the XYO project and team. Curious if you know of anyone else in the space trying to accomplish their goal of being a location based smart contract blockchain and reward network. And if anyone is at their level given that they started as, and have, Bluetooth location hardware already developed, sold, and in use around the globe since 2012. Thanks for all your time and info.

  9. Too long to buy the bottom. BTC below 3k, global economic crisis, gold and BTC to hedge losses, more crypto legislation and a new bull run. Crypto will help us all get out of the coming crisis.

  10. Bitcoin will not drop below 3000 when everyone expects it to, more likely to crash from 3800 or above than from 3400, too many new perma bears right now waiting for the crash

  11. Im not expert. But I see a ABCDE pattern. Been on it a week it’s still it’s still valid. We got D at 3380 bitmex.. E looks to be 3500 but can go higher cuz it lines up staging a fake break out of the triangle. Like I said I’m no expert 🙂 i just x100 bitmex
    Good luck people

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