Bitcoin quickly made a run above $9,000 but BTC was rejected almost immediately. In this bitcoin technical analysis video, we talk about Bitcoin on the 4 hour charts and what to look out for in terms of Bitcoin price.
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Crypto Capital Venture is big on tracking bitcoin and litecoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price and Litecoin price move very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.
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Intro – Trajectory to $100k
Bitcoin rejected $9k @ 3:00
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Look at your comments to realize how confident bulls are getting.If you think this market rewards everybody then by all means.Volume has been dropping since early may.look at the volume of drops compared to the retraces higher!Lools like we might move higher but allot of people are going to get rekt.
If I get rich thanks to your analysis, which I take in consideration while doing my own, I will send you some crypto as thanks.
pd: not a promise :p
I am Bullish on BTC now still because it already had 2 golden crosses in past 45 days . In the history of BTC golden crosses.. there is always first one big dip like seen here (maybe even will go lower) , but then after it rockets up to 10 X gains. So I would say, just hold on, we are in for a BIG THRILL RIDE UP, because golden crosses never fail. (Just my opinion, not investment advice).
You nailed it buddy!
I think this retracement is needed for Bitcoin to gather strength for the continued journey to further upside targets. Thanks a lot for your commentary.
Feeling more comfortable with these prices. Sadly more comfortable than when it was shooting through 6K ?! Buying the dip, ready for a bigger pull back and will still accumulate on the way up! Great Analysis today!! Thanks Dan
https://twitter.com/cryptomedius
Not sure I would call it a rejection. I don't have any of that fancy software that allows me to see all the buys and sells but if I had to guess once it passed $8500 the people that bought in between $3500 and $6000 decided to make a quick profit when it peaked at $9000 and unloaded. Of course these are not people like me that hold less than 5 Bitcoin. These would be people that bought 10-20-50 Bitcoin when it was below $6000 and when it touched $9k those people saw their chance to cash out. Imagine if you bought 20 Bitcoin at $4000 then sold them at $9000. Not a bad profit at $100K. But of course these are people with money. Normal middle class folks like me need it to blast over $20K again to make any money. FYI….I bought into Bitcoin back when it was $240. I kick myself every day for not buying 20 coins back then. But between the Bitcoins I hold along with the other coins I have…I will do OK in the next 5-10 years.
Dollar cost average and buy the dip again.
2019 August Łitecoin and 2020 Bitcoin reward halvings keep getting closer..?..?♂️
Is there a certain reason why you pull your chart info off of Bitstamp instead of other exchanges? -Just curious
C’mon, no market can keep going up without value being added to the underlying asset. It’s just going to take time. Those expecting straight line gains are going to be truly disappointed.
I am so into you as much as my Litcoins and Bitcoin ☺️
That's no rejection.. that's manipulation. a lot of people got wicked out of position. But then again you can do that when you're a whale.
All in BULLLLLLLLL
To the moooooon….
buy your BT and LiteCoin NOW… right now… it will recover quickly!
At least it ll touch 10000
Its universal truth now
And btc has to do it ?
so no expectations of pullback any more Dan?
… and yet,
Peer-to-peer
sales remain
close to $11K
Hi CCV. Thanks for video. I think I preferred the lighter background you used to have.
3k n 3 months
1st