Bearish? @ 1:30
Lower Highs @ 2:25
BTC Momentum @ 5:10
Bitcoin Resistance @ 7:00
Symmetrical Triangle @ 9:00

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Can Bitcoin break 50EMA at around $3,900? That is the question I have right now in regards to bitcoin price and btc technical analysis. We discuss that alongside some relevant bitcoin data.

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22 COMMENTS

  1. Dan knows deep down this is just the beginning. He keeps his composure and calms everyone down but he knows we are going below 2k. This market isn't reversing anytime soon. Litecoin will be 10 dollars this summer. There is no doubt.

  2. 3900? What about 3700. The sooner bitcoin dumps and capitulates the better. I can see another year and some change maybe longer. in a bear market. I think thats what it’ll take. Capitulation doesn’t give you the opportunity to buy the bottom. We sat at 3100$ for a few days then bounced. My money is on a 1500-1800 price where it plummets then rebounds to 3k it’ll happen over the course of a few hours. Be prepared. Stack cash on GDAX for the capitulation move

  3. Hey man can you explain your strategy on a breakout to the upside, would u look to get long on breakout? Or wait for pullback and a test of support? Just curious how u play those types of scenarios

  4. Saw something today more and more
    bitcoin atms being added everyday. 99% have bitcoin. Right behind that is Litecoin at 59.5% then Ether at 34%. Litecoin one of oldest altcoins and had a very fair and solid start. Arguably one of top coins that achieved adoption thus far.

  5. The next ‘round’ of halvings may scupper the short sellers plans by restricting supply!

    Bitcoin and Litecoin mining reward halvings from August 2019 to May 2020 getting closer every day. Litecoin up 500 per cent in run up to last 2015 halving! Bitcoin then followed up starting bull run of 2015 – 2017!

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