Bitcoin is at a critical area just below the 50 EMA on the btc price daily charts. We explore whether or not bitcoin will break up or down in this btc technical analysis video. We jump into daily, 4 hour, and hourly price patterns for Bitcoin analysis.

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36 COMMENTS

  1. Hi LTC hardcore hodler
    While BTC approaches key resistance level
    LTC just broke its resistance $35 ,today to 40 And move towards next resistance abt $50 to recapture its market cap rank No.4

  2. I think we need to reach a certain level before the sec decision in order to counter the rejection of the sec. I dont think the etf will be approved..we arr not ready for it…institutions are not ready for it bit yeah i coild be wrong. So if we dont climb enough before the rejection of the etf…then we will go much lower to new lows. Great analysis by the way. Keep up the good work:).

  3. I’m totally OK with this bear market. Gives me more time to accumulate. Thank you for your time spent in making these videos. When it really starts to takeoff and we start hitting above 10,000 for bitcoin we will all be thinking I wish I could’ve accumulated more.

  4. Wow dan so many bears in your chat. I kept saying stack cash for capitulation now they want to listen? 1. Bull flag. 2. markets travel impulse and correction impulse was to the upside correction downside whats next? Impulse up, in my opinion. Additionally the 6.18 fib has 3918-3875 support. We still have the 4 hour higher low. For once this entire year im a little bullish. Ive got a pretty tight stop set and 4200 resistance is gonna be tough.

  5. I like the positive outlook like always but I think we are headed lower soon. We have been making nothing but lower highs for over a year now. Time to face the facts until that changes it's still bear market and will not have any explosive moves just based on fundamentals. Great news in a bear market has little change on the price as we have seen over the last few months lol.

  6. One of my top crypto content information source on all of Youtube
    Thank you for all the hard work you do for us.
    I still dont feel the total panic and blood on the streets which is a total capitulation.I really want Bitcoin to Moon But I didnt feel there was a true capitulation yet.Think there is worse to come (unfortunately)

  7. ‘Lest we forget’! Next 'round' of Litecoin and Bitcoin halvings begins 2019 – continues into 2020 – mining reward is halved leading to less new Litecoin and Bitcoin entering the market leading to upward pressure on price. Last 2015 Litecoin halving signified the beginnings of 2015 – 2017 price surge!

  8. So long as we’re talking crazy, how’s this: you sound E X A C T L Y like the twins who do Altcoin Daily here on YouTube. Until I see proof, I’m going to believe that YOU and those TWINS are all the same person (they don’t show their faces but they claim they are not one, single person). This is a crazy universe. Where three seemingly-different people can all be the same person. We’ve seen crazier things, sir.

    I guess I’m going to talk to the “twins” on Altcoin Daily and tell them how awesome their TA channel is until I see proof that the twins and you are, in fact, three different people.

  9. You and THE MOON. Are the greatest TA people on the ‘tube. I’d love to see you and Carl do a 24-hour “let’s talk about everything Bitcoin price until we die” video. No one’s doing those, sir. Just sayin, I’d pay 0.01BTC to see that. I’m sure others would as well. You’re as undervalued as our favorite money ?

  10. Bro. Bro. Bro. Let me fill you in on a little secret, bro. You can’t just take data from the last bear market and say BTC is going to move in exactly that way, bro.

    Just kidding. Yes you can. It’s pretty close, BRO ?

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