Bitcoin is showing great signs of a bullish breakout. However, it is extremely important to note that failure to complete current pattern could create a large downside for btc price. In this bitcoin technical analysis video, we discuss the current ascending triangle in bitcoin and compare it to the most recent bearish bitcoin pattern.
All channel tips and donations go to our non-profit Launchpad Foundation
Tip With Cryptocurrency – http://TipCryptoCapitalVenture.com
BTC/LTC Donations To Our LaunchPad Foundation: LdhjierVqd6GeVC5Ln7jJHxpFuqUAHBnYu
⚡LaunchPad Foundation – https://LaunchpadFoundation.com
? Shop Crypto Capital Venture – https://cryptocapitalventure.io
?Free Access To Our Crypto Social Network LaunchPad! https://launchpad.cryptocapitalventure.io
??Social
Tweets by cryptorecruitr
http://Instagram.com/prayanddowork
Have a question or great topic for a video? Send me an email to [email protected]
?Wallet I Recommend (Ledger Nano) – https://goo.gl/zujCwr
____________________________________________________________________
?Legal: *’The above video references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.’
____________________________________________________________________
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.
Flipped $6k BTC Descending Triangle @ 2:50
i like ascending and descending triangles, my experience shows definetely a probability of about 70%. has anyone any statistics about ascending and descending triangles to quote?
Nice video
bullish…????
so i take it you will be putting YOUR money on this then…???
Im thinking of buying a whole coin in a few weeks, I hope this feeling I and most of us have is right. I really wish i would of bought 20 like i wanted to in 2014.
Bitcoin will still go bullish soon and the best thing to do at this moment is to invest what we hold in our wallet, As a new bee watched videos on here to improve my trade and came across pro trader Josephine Raymond in the comment section of one of these videos . She helped me make 14Btc investing just 2Btc in one week. You can reach her on jraymond64479@gmail.com to know more about her wining strategies.
Interesting mirroring finding 🙂
Great look at some long term TA. Interesting analysis. Thank you!
Many Shorts Get Wreckt if its true.
Thanks Dan
good anaylsis
That pattern is continuous
It’s hard to imagine being at or above 6k lol
BTC will NEVER break that trendline resistance before it completes it's full market cycle bottom. As it stands on 3/14… 4,300 is the highest price line action it can or will go/reach.
Exactly what I see happening soon! 🙂
4 Perma bears disliked
More then 50% probably…??
It’s mimicking same chart right before the $6,000 drop to 3,200 98% chance we see $2,200 then bounce to $2,800
It's only around a 1K to mine with the new 7mn miners. We all need to dump hard to get into the range JPMorgan has suggested of 1260. SEC wont approve any ETFs and let institutions buy as it's high risk for them to be professionally dumped on.
We have the rest of the year anyway to show the SEC a safe entry point for them to approve on. We should show them 1200 and hope they like it. Any mining firm's now using old gear with high cost power than can't do a 1K BTC need to exit the market now.
The EMA's appear to be parallel for a little while on the downturn, and look like they are closing toward each other currently, so maybe we have a good bit more sideways, then Break OUT / UP Hopefully, lot of Chatter about April / May time frame, maybe draw it out a little into the future a month or two on the next episode of " Charting with DAN " 😉 THANKS !!!
Short and to the point perfection!
Take a like just for that intro! Keep up the good work
But… I make ALL my financial decisions off you tubers ! ?????
Thanks for your work !
4400 to 5200 to get retail bullish then back down to test 200ma for final capitulation alts will lose all their volume