The possibility of one more swing low is definitely real for Bitcoin price. In this video we talk about moving averages on BTC and also bitcoin fibonacci resistance.
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Moving average consolidation @ 2:00
Next swing low @ 5:30
Thanks for the great reports! We are still Scrypt mining at a loss to HODL and support the network.
Keep up the good work Dan ? Reminder that Chinese ? Golden Week ends in a few days. It will be interesting to see if Bitcoin (and Łitecoin) gets an uplift as is often the case.
Incoming Litecoin Summit and Bitcoin halving hype should provide greater upward impetus ?
Thanks Dan.
Its not historical for us to b under the 200ema during a bull cycle so i would b bearish… However i think the last rally was way over extended so that might explain the dramatic drop. Plus we have a different environment this year than all the other past years. Global instability, institutional products and awareness etc. I dont think past price action is going to b exactly accurate for determining future targets.
In my tweet that you commented on at the end of the vid, I was referring to the corrections at this point in time in a (bull trend) and I did say "somewhat" unprecedented in the sense that it would represent the largest correction thus far. So I am personally leaning towards sideways consolidation or a retest above of the 200 moving average.
But I do agree that a further leg down would not break the overall up trend that we have been forming since the beginning of the year.
Either way I'm still BULLISH, and would be buying that dip if it does decide to make another leg down.
Didn't BTC just form a bull flag?
i am a long term crypto bull but the bearishness of the charts the last 3-4 months can not be ignored. We will be bearish until we are not anymore
Technical analysis is like prayer, people only remember the times it seemed to work……
Questions such as are we bullish or bearish, Is the bear market over or are we about to go bullish etc is seen everywhere especially on analysis videos on YT but the truth is there are so many informers in the space today who would assume knowledge and mislead so many into bad trades and investment. Bitcoin is clearly out of its bearish territories with concrete sign for riding with the bulls nevertheless, you can still make a load of money by following the right steps. One way to go about it is to use the signals and copy strategies of a very experienced trader. You have to make sure he has a proven track record of at least 95% success in his trades. I use a similar strategy by trading with Walter Aarav’s signals and i have made a lot of money in doing so. I made over 3.5 mo BTC last month and now, with Walter's signals and strategy, i have grown that to 11 BTC already and i intend adding another 3 BTC every other month and growing them so with this strategy, when bitcoin value eventually start skyrocketing, i would have had a very good stock in my portfolio. It is common knowledge that Walter Aarav's signals and trade strategy are some of the best and speaking with him for the first time 2 months ago gave me a clearer understanding of how to make money and propelled me into this system of his that has really helped me in growing my portfolio. Feel free to contact Mr Walter for assistance, reach on *Email Waltertrading10@yahoo. COM
I’m in for the LONG run. 100% bullish !
? ish
im bearbulish
nice TA
HODLers
Love the pullbacks …
… for accumulation – 90% of
traders LOSE EVERYTHING;
Novices who expect to spend
their capital before 2025 are
ignorant of basic investing
(& dangerously spoiled
silly ? neophytes …)
Bullish
Shorterm bull. Longterm bear.
A week ago or so when BTC was around 9500 you were like 90% of the time when its this oversold on the stock RSI it moves up, and the exact opposite happened.
The only youtuber I dont have to turn up the playback speed (good thing) keep rocking on Dan.
bearish
3rd
i really cant say at the moment i want to say bullish but fear the bears
I’m short term bearish/long term bullish
The last point you made in this video was GREAT.
One more leg down… imo
Bearish…I'm looking for $6800.
Bearish sort to mid term ?
Hello just popped in for the news thank you ?
BTC<C ARMY!!! GREAT WORK DAN!!! GOD BLESS DAN&SARAH!!!
2nd
1st