Many are saying Bitcoin is seeing major resistance below $4,000. But is this the case? Or is btc setting up a bullish move to the upside? In this bitcoin technical analysis video, we discuss.
Bitcoin $6,000 Article – https://www.ccn.com/bitcoin-has-hit-the-bottom-why-it-is-unlikely-to-fall-below-6000
Bitcoin $4,000 Article – https://www.ccn.com/bitcoin-price-once-again-fails-to-punch-through-resistance-at-4000
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.
Do you think Bitcoin will break above $4,000?
ascending triangles are bullish CONTINUATION patterns. There is -NOOOOO CONTINUATION OF BULLISHNESS OCCURRING HERE. Therefore the pattern is invalid before you even found it. We have not put in a bottom yet. Even if we go above the 4K, we will see 3K again and below anyway. The reasons why this is true, are too many to list right now. It is NOT fair to anticipate a break upwards… because the indicators are not showing us that is the case. As a matter of fact, the stocastic RSI for the yearly on BTC is so hot that it has not seen this level since 20K. We are due for a MASSIVE CRIPPLING CRASH.
Could be an interesting weekend.
Awesome TA Dan!
how about the 20 weekly Ma? is is inverse of the 50 daily…
Thank you Dan. God bless.
I can see some striking similarities between the chart of BTC and LTC. It looks like BTC is repeating the same pattern but with few weeks lag. If that is true Bitcoin should soon reach to $4200-4500 then dip to around $3500-$3800 and from there only upwards to $6k with minor pullbacks. Just a thought, that would be funny to see.
I thought one of the big reasons bitcoin dropped below 6K was the two big baby douche bags, Craig and Roger fighting over which had the bigger ego hense , SV was born
Time to switch up the intro's. Change is good.
Great info!
Bottom line. We are years away from mooning. Pay your mortgage/rent, pay your car lease and cell phone. Balance your budget then buy your favorite coins. The whales are professionals and can crush your hopes & dreams. Listen to Dan, he keeps it real.
Good TA dan
Łitecoin follows Bitcoin over 95% of the time. However, in this instance it is possible that short term the price of Bitcoin, could depend on a Łitecoin ‘break out’ and/or ‘pump’ leading up to the Summer 2019 ŁTC mining reward halving, and the 6th April Łitecoin K-pop concert in Virginia.
Reminder! 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!""
Thanks Dan !
God bless !
The avg of all the exchanges is over 4K.
Nice Vid Dan!!! Accmulate!!! LTC&BTC Army!!! God Bless Dan&Sarah!!!