Bitcoin: The Test Continues

Bitcoin: The Test Continues




As we mentioned a couple days ago, there is a big test for the price of #Bitcoin ongoing. Namely, we would like to see the price of …

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About the Author: Benjamin Cowen

39 Comments

  1. • Warning: Ben does not use WhatsApp.
    • Anyone posting a Phone# is a scammer.
    • Report all–WhatsApp & TGram–scammers.

  2. One day when crypto becomes proper mainstream they will feature it on Bloomberg TV and invite Ben on and they will show these videos of how he was streaming from his room

  3. Ben. Love the content. I have a dataset that I’d like to use some of the tools you employ to analyze. (Eg regression bands, etc). Any chance you’d be willing to advise how I can get the data into the software

  4. I have been buying (nibbling, actually) BTC at 36k, 37k, 38k, 39k, even bought some at 47k and today at 45.5k. Only one April BTC went down since 2009 and it was only 3%. I like "I am George, we're all George" strategy, just DCA on dips.

  5. I always have the hardest time knowing when to sell and take profits. I told myself I'd sell 5% if it hit $60K, it did hit 60 and I didn't sell any cause… what if it went higher! I guess this is just more so an issue of not sticking to a game plan

  6. At what point,if at all, does btc’s past start to matter less for the future price action? With crypto being more mainstream and with more regulation etc does future price action kind of move away from the early adoption days?

  7. I see a BTC bear flag pattern and it is still correlating with the NAZ
    Emotional Hope vs Rational Objectivity is an interesting phenomenon to watch.
    3 Rejections at the 200 D and you're out?

  8. I think the coincidence of major US market indexes are also around the 200ma, is not so much a coincidence, talk about market symmetry.

  9. I wonder if bitcoin is actually resepcting its key indicators or if it it's just correlation with nasdaq which respects its own indicators… Damn.

  10. Check out Jan 15-27th 2020, we stayed in between the 200 SMA and the Bull Market support band and went sideways in that range until we finally broke the 200 SMA on the 28th. Would be nice if it played out that way again.

  11. we are getting rejected from the 200 moving average….what is that mean???? how can we be rejected from a indicator showing where is the average price???

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