BITCOIN NOT SAFE HAVEN? Sunny Decree BEEF!!

32 Comments

1. Subscribe to Sunny: https://www.youtube.com/channel/UCjXdoICJ4KXHuDIEFYfBgHw
   ✅ ByBit Exchange ($190 WELCOME BONUS): https://www.bybit.com/app/register?affiliate_id=1881&language=en&group_id=0&group_type=1 (affiliate link, bonus after deposit) Terms on landing page
   ✅ Crypto.com: https://platinum.crypto.com/r/ivanontech (referal link, gives us both $50)

2. They are not corealated! For nothing!

3. No! None

4. Once again, the largest crypto asset Bitcoin has been able to come out of the dark after the bulls has successfully defended the $8,500 support level against the US dollars, although there is still high speculations that the bitcoin will attain $10,000 in near term if they could keep the uprise above $9,000 again. However as a trader, it's best we take this opportunity to accumulate and grow a very strong portfolio ahead of bitcoin halving with a working strategy/daily signals, this of course is a good time for me and its been going on for months now, buying cheap and keep trading with David Asher’s daily signals which I have been using since the last bear market until now and with which have make at least 5btc in profit every month when i trade actively. David's daily signals are very accurate and always yields a great positive return on investment and is always available to give a helping hand, you can reach him via Whatspp: +44772721000 and Telgram @ davidasher for inquiries into profitable trading systems.

5. What we are seeing right now is deflation, all asset classes go down, prices collaps, resulting in corporations going bankrupt.
   As a reaction to this central banks will be forced to cut interest rates even further into negative, bailout big players and print money which then leads to double digit inflation.
   This has nothing to do with correlation its just the natural route a fiat money system is taking ending the long term debt cycle.

6. it's not that difficult to invest properly

7. BTC is tech improvement. Tech and stocks are correlated IMO.

8. Sunny needs lower bitcoin price to pick up some. And fear is the best to do this. And the same you can argue bitcoin correlated to gold. Everyone wants to pick up btc at lower prices why? Lol But thnx for the fear guys more please. I will help bitcoin is worthless it will go to 0.

9. Kuddos man, Your channel is always informative!. trading bitcoin and other cryptocurrency is understanding the trends and working closely and where there is a potential drop as experienced lately, it should be seen as a potential to buy. The current correction, in reality, is long overdue and should be seen as a thing of joy as the dump is very temporal and also provides a unique time for you to grow your portfolio. I remember how last year at the peak of the bearish market when people were losing hope, a colleague of mine was steadily cashing out and eventually introduced me to an expert trader called Jacob Morgan…whose system is so reliable and simple, 2 weeks after I got in touch with Jacob i saw my bitcoin portfolio grow from 1.8 BTC to 9.2 BTC when others were selling their stash out of fear. Now the same thing is happening and I am unfazed because I still trade using his signals which have been confirmed to be among one of the most accurate in the bitcoin community today. It’s time to be smart and take advantage of a seemingly bad situation. Mr Jacob can be contacted via Telergram @JacobMorgan99 for a better understanding of earning from trading btc.

10. Ivan, keep to tech you are great at it….you are not so great at TA..:)

11. They are not correlated. The VALUE DRIVERS of equities and cryptocurrencies are different. It's not the price action we're talking about.

12. Ivan is trying hard to keep his narrative despite facts.

13. Ivan, if you wanna start Beef you dont be nice about it lol.

14. About 14 years ago I was invited to a breakfast with John J Murphy, author of The Visual Investor, and other books on technical analysis. As a stock investor for over 30 years then and a newer options trader I had read his books and used TA for my buying and selling decisions. It got me out of the market in early 2000, and again in 2007-2008 before that crash. I had almost lost my shirt in 1987 before using TA.

    I asked John, the market expert at the time technically speaking, if there was ever a time when all assets went down at the same time. He thought for a moment and said, ‘Yes, in 1929 all assets: bonds, real estate, precious metal, and stocks all went down.’ What this told me was that at certain major inflection points, major financial events, everything goes down. In crash events markets do correlate.

    The rationale is that major players are leveraged due to greed. They need cash to exit their positions, to cover their margin calls. It happened to me in 1987. I had to turn over my stock certificates to my broker otherwise I’d have been ruined. Today no one holds their stock certificates. The broker does, and he liquidates them automatically. This drives the market lower. Had the '87 market not turned up immediately I would have been ruined.

    Bottom line: Yes markets correlate; at least in the short run; and especially in financial panics.

    Thanks Ivan. Love your work and learn every day.

15. Thank You Ivan. Just the changing demographics of the investors IMO are causing the crazy correlations.

16. Safe flight, Ivan

17. No correlation, I agree with Ivan. We have not yet experienced an event yet in bitcoin history where markets sell off the way they have recently. The powers at be are trying to get out weak BTC hands right now with market manipulation. There is only so long they can do this before BTC corrects itself. Hodlers continue to hold BTC price will stay high and keep rising. Bitcoin was a BIG win for the people and they will recognize this fact soon.

18. Case closed.?

19. As you said yourself, it is all in the time frame. If you smoothen that weekly statistic, and look at the longer time frame, they do go in the same direction. The negative correlation is mostly because they often don't move in the same direction in a particular week, but catch up over a longer time frame. Stock goes up and bitcoin goes down, then both correct and meet up again. Over the whole time frame you can only conclude that there is a very strong correlation. And in economics, we want to identify longer trends. Day traders don't care much for trends, just price action and volatility. I gotta go with Sunny on this one.

20. We have had the same and worse in the past. As long as a disproportionate number of people holding BTC are doing so purely as an investment, when the markets move big so will BTC. In this case I suspect the drop was triggered by folks in Asia having to dump crypto positions for local fiat in preparation for extended isolation/ quarantine. Not a common or usual situation. Once this first wave of virus hysteria passes the markets will return to somewhat more normal behavior and then we will see how much BTC diverges from conventional markets. As distasteful as it may be it is important to remember the Rothchilds most important axiom: “the time to make money is when blood is running in the streets”. Translated into modern times this means those who are the most patient and least susceptible to hysteria will make out the best.

21. Sunny Decree vs. Ivan Degree at Academy!

22. WTF does he know? He's like 12 years old with virtually no experience.

23. Who really cares? The total market cap of BTC is roughly 0.1% of global stock markets and roughly 2% og the global gold market. In my view BTC is still a high risk asset. Those tend to do well in stock bull markets and less well in stock bear markets.

24. I totally agree with you ..

25. haha, sunny is about trading btc price for more btc

26. Eric Crown is also a big believer in the strong correlation between the Crypto and stock markets. IMO, he's the strongest TA guy on Crypto YouTube. I'm open to all interpretations of this matter but the comparison between BTC and SPX charts is hard to deny. Be careful skiing, Ivan, so you can stay bullish on the bicep pump. I miss "Good Morning Crypto!!"

27. Nice to have you back Ivan, I know you need to make money, but please do not advertise too much on exchanges' affiliate link and so on, it does not seem coherent to us as you should not need to do this. I kept watching your videos but I have unfollowed you for some time because of all the advertising

28. Bit and stock are correlated ever since robin hood added bit coin as a stock for people to invest in I think 2017 – 2018 But the problem is since population is not educated the people who invest in stock version they don’t actually hold bitcoin. Just own the idea.

29. My theory on why Bitcoin has dipped: During our last run-up, the Wall Street Institutions allegedly bought massive amounts of bitcoin. I believe Ivan covered this in the past weeks. Something like 250,000 BTC were allegedly moved out of one account into multiple others and CNBC mentioned large BTC buys during one of its daily shows. If that is true, then the reason BTC AND Gold dipped this week could possibly be the following scenario: When institutions are Bullish on the market as they have been the last many years, they may get brave and sell "naked puts" on stocks that they think are sure winners. Naked Puts are easy money in a BULL market, but a disaster when that ride is over. When the flash crash came this week, those sellers of naked puts had to liquidate other holdings (ie – Gold and BTC) FAST to buy back those PUTS to save themselves from bankruptcy. Just my humble opinion, but I believe this could explain the descent of the price in Gold and BTC this week. Cheers!

30. try a correlation between crypto and energy producers, gpu and rig manufacturers 😉

31. Bitcoin is just a long term pump and pump. 10 year bull run

32. If everybody does like Ivan says and takes Gold and Bitcoin in the portfolio …they are not not-correlated any more xD

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