Bitcoin Technical Analysis & Crypto News Today: Is the Bitcoin price ready to go up? I'll use technical analysis on the Bitcoin chart to show you my Bitcoin price prediction for 2018. I want to discuss the possibility of the Bitcoin price going up to $20,000 before the end of 2018 leading into 2019. Do we need the Bitcoin ETF's? Is the Bitcoin bull run coming? Is Bitcoin really that bullish right now? Watch the video to find out!
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0:36 The Big Picture
4:10 When Reversal?
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They are talking about a economic collapse in the fall so this might put bitcoin into the bull run again. The big question is this the big crash? If it is then the dollar and treasuries are going down with it so it doesn't really matter how much bitcoin goes up if the dollar goes down.
Blockchain is an accounting system and bitcoin is a tracking number that you buy and sell. No real value but the one you give it. If you have a business blockchain Tec can help with management and international trade but so much benefit as a local currency. Beware of Technocracy!
Love your video’s! Thank you for that. I am new in crypto and trading. What is in your opinion the best way to learn everything you need to know about TA and FA (how or where did you learn it?), and how can I learn how to day trade?
There's way more technical guys out there like janks and vays.....you're the most - non annoying guy. I stumbled across ur YouTube. Now I watch every day. Keep it up Carl! (Ps, janks has the most whinny negative voice, your not whiny or negative.) Saying someone is negative is being negative myself so I will be more positive like you.
Btc takes the same amount to go up as it does to go down. Previous years it took a year and a half to bottom, then a year and a half to re-reach ath. 3 months down and 3 months up another year..6 months down and 6 months up another year, etc. Right now it’s looking like April but if we form another new lower low then obviously we’d have to revise that.
I suspect BTCUSDSHORTS is going to come down sooner(31,850) at the .236 extension of it's initial impulse down. It lines up with a shorter-term 1.618 extension. It usually overshoots where I predict by quite a bit though, so you'll probably be right there too, as usual. Pretty cool you're making content proving that analysis on the contract charts is relevant too. Still see a short squeeze coming myself as well :)
Just watched and subscribed, you talk with a style that is reasonable and understandable, and I think we could see $14K by years end as well. I got into crypto last September and have learned that you can't believe everything others tell you, especially the ones that tell you exactly what you want to hear. I think $20K and above gains won't be until after March 2019. The video from the boat is cool also, do one on the main deck sometime.
To Carl I watch a lot of people/ videos youre to, but i have noticed that most are the same, a line here a line there, flip a coin, it can go up or it can go down, I found a website called the modern invester, and he has stated what i have been thinking all along, that the big money is waiting to get in, but they want in, bot are manipulating the trading, the ETF'S, and BANKS, they want cheaper prices and need more availible bitcoin. billions of dollares are waiting to get in, watch his last 5 or 6 vids, on bitcoin news and stuff, its an eye opener.
You are the kind of guy who don’t answer criticizes and just like complements. Every time I say something good about you I get a like other times you don’t answer. If you wanna keep your channel to grow maybe you should start answering to your followers. And cup and handle? With handle larger than the cup? Maybe you’ve forgotten the patterns.
An important trend indicator that's not typically talked about is the bottom-feeder+top cut-off: Where you only follow the lows as the basis for a rising trend while triangulating consolidation zones by cutting off all the highs. This approach demonstrates that btc (and the broader market) is approaching what the japanese call "wa", a time of protracted back and forth and indecision in terms of price. There may be a low that tests 5k but the "wa" consolidation band could easily bounce such a low test back towards 9k and back down to 7k and so forth. The quarterly chart is resembling a (very) long term harami that could lead to serious bullish resumption by late early feb/late march 2019. Thanks again Carl, would love to share a podcast with you at some point.
The Moon You YOU DO deserve 1Trillion Subscriber. The first one in the morning and boldest also accurate and put your money where your mouth is. The majority just repeat or take reference on after what you said. First morning dose. Keep it up boss you are helping SOOO many people. 🙏
Coin Bear if it go's to 100$ i would still keep my money in, im in it for the long term 5 to 10 years , i dont trade , just put some money in and look back when its 2025 , maybe its at zero maybe its at 1 miljion i don't know we will see its just a gamble risk once in a lifetime uppertunity to become rich or just much more wealthy in the far away future
Congrats on the 20k subs , that’s one chart that should be going parabolic , I think you are correct on Year end prediction of less than 20k , I’m guessing 16k which would still be a nice move from here 🍾🕺🏼
A bearish divergence at 6600 happened.
I feel Like traders looking at such Things changed the price much more then it Normally would be the cases.
If all think price drop it will drop if they short
But without New sellers at 6300 price goes up again.
Atm it looks Like breaking 6600 is likely But at 6800 Maybe we See anorher fast drop.
When I started with crypto investment, I subscribed to hundreds of relevant channels. The funny thing is now I religiously follow only 2/3 channels and 'The Moon' is one of them. I would like to wholeheartedly thank you for your contribution. Just one request- Please don't change!
Yesterday around 12 gtm we had several bearish patterns, with lower lows and this broken double top.
In the Upswing anorher w pattern.
I traded forex and i rarely Saw an immediate Upswing after a drop, Only if price changed extreme and many closed pos, taken wins and New lower Supports.
But Here nobody trades for 40 Pips and this sudden Momentum to upside and the allways stoppen Drops i cant See a reason to buy Look Like Manipulation
Then at 6600 price Stopps again and Just now price dropped fast.
I Saw it many Times, sudden 200 Dollar in one direction to Lose All in the next Minute
Imo they keep bitcoin above 6k and sell at 6600 until Real demand is strong enouph.
They fear below 6k drop very obv.
All looked Bad and out of now here a demand came.
We need a consolidation fase. We have had the downtrend, but looks if the trend is slowly flatten out. We need a small sideways fase, before a upward fase could begin. So maybe we have a periode of consolidation where we make same highs and lows and stay between a range, before we gonna make higher highs and higher lows again.
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