This market trading analysis applies to various exchanges, including Bitmex and Binance. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space.
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Let me know where you think we'll top out, IF you think we'll top out. Lets start a discussion in the replies.
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gALinG
I loved this and I will join V.I.P now I hope really osm to earning
What makes these giant candles?
TronCone ?, is tight like De Jesus . XR ?, is like 2 fries ?
The only reasons I see for why bitcoin could blast through 6k and go higher : 1) Every analyst I follow thinks it will go back down 2) A shitload of people missed the 3.5k opportunity to buy and are hoping for a second chance 3) Bitcoin is very different now than it was even just a year ago. The Bitcoin markets have always been speculation about a product which was not technologically ready for mass adoption, now it is almost there (lightning network).
Good stuff thanks ! We had a 5 month sideways before the pump, in 2015 it was 8 months. Either this time it has been faster or it will be much longer. I can't say that I am convinced either way.
Bitcoin all the way
seems like all you do is watch your idol kirby, and copy him….lol
Ethereum I understand may have a lower inflation rate than bitcoin in the future – about a 2024- 2028 bitcoin inflation rate. This is what I understand.
i only see the bearish divergent
Very nice explanation!
What are some safe places to use leverage? I'm not familiar with it.
At 00:30, "Now that we've all-but-confirmed that we are going to see the 6000 level . . .", you say??? Heck no. You didn't mention the 50W MA. The BIGGEST resistance BTC has been battling all-day, today. Yes, in-part, it's the resistance from the November 2018 plunge (at 5523.77), but what's much more resistance than that is the 50W MA. As such, price action breaksdown from that 5500 (50W MA), falls (to anywhere between 4200 – 3200), then comes back and attacks 6000-6300, fails, falls again (not as far) and then blasts through 6000 and AWAAAAAAY WE GOOOOOOOOOOOOOOOO!!! 🙂
i still think BTC is going to re-test the $3200-$3800 range before it heads back up for real.
LTC did not follow. Not even responding to BTC at all.
BTC inching towards $100 billion market cap! Held above this level for a year previously! Great news re Łitecoin and Bitcoin being traded/tested on the NASDAQ.
With UFC, Glory kickboxing, KPOP partnership, reward halvings and sanctioned remittances to Venezuala things looking good for ŁTC and BTC!
How slower we go down how longer we go down.
No rush to $6k but I can't but help think of my leaving speech to my colleagues LMAO!! Maybe I will shed a tear ?
Great vid! Thanks for sharing your insights 🙂
thank u Samy
you do waffle on far too much!
MOOON!
5Th wave is what I'm waiting for.
Thanks for reviewing Bitcoin's historical support and resistance levels which correlate with this current time in the market.
when looking at the 6k range you should have zoomed out to catch the huge 6k bottom.. you skewed it with sideway channel info.. the vpvr would prob have been much lower if you zoomed out
I will Join your V.I.P right now if you show me the Proof that your Long Position from 3800 is still opened .
You have a deal on your hands ?
I'm targeting 58 to 5900
Hi Sam. Any safe and secure platforms for a U.S. resident to leverage trade BTC?
What is leverage? Thanks in advance.
Bears get REKT
We arrived successfully at the moon, now we can get back to the earth again.