Jim Cramer: Charts suggest history may repeat itself for bitcoin after steep decline

Jim Cramer: Charts suggest history may repeat itself for bitcoin after steep decline




Charts suggest there is a decent chance history repeats itself for bitcoin and the cryptocurrency shakes off its recent steep …

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25 Comments

  1. > I am of the opinion that those who leave it to market dynamics to determine when to trade or not are either new to the Market or are probably just naive. The Market has seen far worse times than this, enlightened traders are taking advantage of the dip and pumping even more towards trading sessions, I would say that more emphasis should be placed on trading as it is far more profitable than hodling. Trading went smoothly for me as I was able to accumulate over 11.2 BTC while I started with 1.5 BTC in just a few weeks by trading with Ethan Nelson’s signals and insights. I would advise you all to trade instead of betting on a future you are not sure of. hi$ Ͳҽӏҽցɾąʍ👉@Ethannelson1 💬

  2. From the ATH last crash and previous bottom of BTC,to the new ATH and crash. wykoff theory looks very similar this crash, so this low looks like a higher low than the last ,so maybe this is the bottom of this cycle, but fortune favors the brave…I await to see if it pans out… Still winning so happy for the community am in. This dip has been announced days ago by our Analysts. Making profit so far.

  3. The current crypto market situation (bearish) did not affect me simply cos i got involved in bitcoin day trading early enough and i must tell you all its highly profitable than holding. I Trade with the Signals and guidance of Trent Hart and ever since then my portfolio has maximized to 21btc lately. Therefore more emphasis should be put into bitcoin day trading if you want to achieve financial freedom.

  4. Bitcoin recent price action shows evidence that a bottom may be forming, <denying bears any further movement lower. Ethereum price has developed a ridiculously extended hidden bullish divergence condition on its weekly chart, warning of an imminent bullish reversal. XRP price hammered with two major short setups, but sellers failed to push XRP lower. At this point Diamond hands are showing cracks as people start to panic; if you are losing in the current dip or you look forward to start the best way to go is trading with the guidance of an expert. Marcellus Braylon has been one step ahead of other analysis, with her strategy I was able to accumulate 15 BTC in 3weeks

  5. While bitcoin’s wild <price movements might seem random, they are often driven by the same fundamental catalysts as in the traditional markets. Some claim bitcoin is impervious to shocks that affect global finance; it’s a hedge against things like inflation and a sure bet against tides of uncertainty. Moves within traditional finance can boost or burn bitcoin’s price because they determine how easy it is for financial epicenters like Wall Street to invest in bitcoin..yes, read the charts, however, ZOOM OUT and think of the WHY's, regarding the action of the last weeks and going forward. Everything has changed and will change fast in these months ahead. Cant be ignored if advising.Keeping all this in mind, it is important to trade with the right strategy when going into the crypto world. Paul charlton's Signals has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 19 BTC with 2.1 btc lately.You can reach Paul on ͲeIєɠɾαm👉CHARLTONTRADING

  6. I will open a crypto account and buy bitcoin….. when it reaches $100 🤣🤣 Hey, if I can spend that much on a pair of shoes, might as well just buy shitcoin with it 😋

  7. Money is getting expensive and it’s not going to printed and pumped into the system anymore. All these figures stem from when that was opposite. You can’t compare it

  8. Bitcoin is for fools. For those who tell you to invest in bitcoin, ask them: AT WHAT PRICE ??? They won't be able to tell you. You're supposed to buy it and cross your fingers. No thanks.

  9. <<People are generally right when they say holding is a better strategy for the inexperienced investor, but the claim is misleading, as trading is important and teaches us of skills that will help ensure we find success. hold without trading is actually one of the worst possible strategy I can think of. We need to have a better strategy that accounts for growth of our portfolio. Most will get into the crypto market late into a bull market and holding will simply mean exposing themselves to the fear of selling over time instead of taking the profits they do get from trading the bear and bull market and then getting ready for that next nice bull market. One way to avoid it is to trade and hold profit.

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