Bitcoin & Litecoin Correction EXTREMELY Bullish

Falling broadening wedge @ 2:00
Resistance @ 4:15
$8,500 @ 5:55
Bullish Bitcoin setup @ 7:15
Litecoin @ 10:00
Litecoin consistency @ 12:00
Bitcoin short term @ 12:40
The rest is me talking about all of these things

Btc $9880 potential bottom. But again tonight or tomorrow session will put a lid on this blood shed. If i an wrong i will never comment here again. But if i am correct i want Dan to send me a crypto capital venture t shirt

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https://www.youtube.com/watch?v=QESXjRmruvA

In silver and gold trading. A new low usually happens right before a new high. This is how volatility works. you need to pull back the slingshot first before you launch it

this downward moves prob have something to do with the stock market too…. even tho no one mentions it , it happened at the same time , and then it comes up faster again…..

The charts for 99% of altcoins for me looks like the beginning a long long long flatline with smaller and smaller bullish cycle until our kids stumble on thoses abandonned coins… Yes I'm a maximalist, but I still wish you well financially and in your life in general you all!

LTC to $32 dollars. This whole game is a pump and dump, rinse and repeat. Actually, I'm fine with that

Still hasnt reached is cellar yet I dont think. We saw 68s at least as a low and more than likely into the 63 range. Which depending on mood and reaction means 40s could happen as well. I did buy a few in the 75.50 range today and was hoping to have been able to eject out of them already. But reaction and spike upward never happened. Which is a bad sign. I should probably get out now but will wait to see if they have a delayed uptick.

Bottom line is you had great data leading up to the halving and even saw these low prices coming. Problem is you over estimated the strength of cryptos overall. Theyre not a 'real' market. Theyre a manipulated fantasy land market driven by dreamers and manipulators. Most of the 'analytical' stuff is self fulfilling (as I have mentioned before). Meaning as it closes in on 'predictions' it tightens up.

As far as BTC goes to think it couldnt get into the low 7K is optimistic. I thought sub 8 would have happened by now. I suspect the optimism of the LTC halving buoyed priced longer and deeper than anticipated so they rode the wave. Now there is no magic goal post for people to look at its much easier to drive prices the direction they want (in this case down). And the 'bullish' pattern, we just had it a couple months ago. BTC saw 13K and LTC was mid 140s. Everything was up 300+%.

The markets are doing exactly what anyone who is TRADING wants. Crazy ups and downs, although recently its been mostly down, but they will go up again. You simply have to set buy and sell prices and not change your mind if theyre met 'too fast'. My original buy was 76.46 but I canceled that one out and made it 75.68 it dropped to that like a stone and then rebounded slightly but saw an ultimate low (for now) of 75.13. But IMO I got really lucky having it hit that resubmitted number. Had it not and had I missed on my original (long standing price) to save 80s cents a coin it would have been foolish. But then again its a coin flip right now on whether they reach a decent sell price before they drop to a price where a 10% (~68 dollar LTC) stop gap price is seen.

Hey Dan, the CEO of Morgan Creek Digital just gave a brief interview on CNBC mainly talking about the bond markets. As you prob know, Pomp is also a partner here and the are bullish on crypto. When asked about BTC being a safe haven for the last few weeks, but tanking in correlation to equity markets today, he reminded the host that this is a long-term play and not to look at the daily swings in the charts. This dovetails with the views on your channel and i think people need to zoom out sometimes and keep in mind where we are in the big picture. Keep up the good work man!

c'mon down…I want to buy more cheap!

I hope it goes even lower, I'll be bargain hunting

Correction means,Bull is coming guys

i really enjoy the explanation of the analysis as it helps me understand how to look for pattens myself on charts. good stuff dan keep it up!!

Dan, so this doesn't have you scared I'm the least? You're not worried BTC or LTC is going to come crumbling down and never regain momentum?? I know everyone refers to what happened last time but nothing says we have to repeat

Great analysis as always Dan. Thank you ! Nice to have you confirming my own sentiment on cryptos' investments in each of your videos : conservatism, optimism and patience.

Great Video Dan I really appreciate your viewpoint and your opinion !!!
Cool Heads Prevail!!
I believe in buying the dips!! Slowly but surely

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I am going to make a call and say btc & co bottomed today or will by tomorrow’s session according to my multi factor methodology

Wish I'd taken some profit when LTC reached over 140 dollars……..but it's the idiots selling now.

Nice TA Dan thank you (CCV 5* as always)

agree ,bullish

Tone vays saw ur pathetic super chat message please come to the uk so I can kick ur ass

?????

Won’t sell. Will buy more.

Very well said !!!!!!

Every video bullish… we are in a correction bearish short/medium term

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What is your price goal at the end of the bull run

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I hope btc doesnt pump Up in this month