Why Is Bitcoin Down – 3 Key Reasons

Welcome to the Crypto Crew! Thanks so much for all the overwhelming support, you guys are awesome! My crypto classes have been a HUGE success, would love to welcome you in -learn everything about charts and how to maximize your money in crypto! Links in description???

For all the people that are in a panic, Please read it carefully!

Biggest Crashes in Bitcoin history

– 94% June-November 2011 from $32 to $2 because of MtGox hack

-36% June 2012 from $7 to 4 Linod hack

-79% April 2013 from 266 to 54. MTGox stopped trading

-49% Feb 2014 MTGox is gone

-40% September 2017 from $5000 to $2972 China ban

-48% January 2018 Korea FUD. from $19700 to 9500

Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend

1BuydSmLrozZRrMGUkqm5zbHpVUfgbeEty

Many thanks, I appreciate your videos. Just starting out in crypto, learning from your insights.

Market cap is not resistance. (Coin price x Coin supply = Market Cap) so to say market cap is resistance is equivalent of saying that price is resistance which doesn't make any sense.

Do you still trade stocks as well, or are you strictly a crypto bug?

Hey Steve great update. Bittrex is closed to new accounts. You have another favorite exchange?

I'm not trying to be called the Crypto Crew. Just saying….

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Is day trading bitcoin daily a realistic idea ? I mean we could make $900 a day on day trading ? Am I missing something ? Of course it will be taxed but even so your taxed at like 40% which still leaves a nice chunk to make.

According to those from the future in interviews say bit coin is the main currency..

Should I buy your class or Tai Lopez's?

Give it 3 to 6 months

Oh look, Tai Lopez disciple

afaik, support and resistance are physchological lines that people are wary of crossing when trading an asset's price. No-one looks at the market cap total, so I don't agree that $500 billian is a "point of resistance", as such. It's just a coincidence that it was significant to you because it's a round number, and divisible by $250 billion that's used as the scale on that particular chart. It's not about "all the stars aligning", but it is true that it will take some time for people to re-enter the market, and in this sense there is a limit to how much capital can be invested in the current period.

Please stop saying crypto crew and if you want people to take you seriously dress like an adult and don't film in a preschool classroom. Best of luck to your channel.

Guys I swear I just got free $4213_real money from this_amazing website>>>>freepplmoney.win/?ezkFHM Try once.

If this guy just uses Moving Avarages and an RSI to trade, i don't think he can teach you much in a class. It takes more than that to trade using chart analysis, why don't you show us an example trade of yours if you so good?

Sorry to say but you only pointed out 1 reason and that is the resistance at 12k, you just said the same thing in 3 different ways…

Such horse shit.

Lots of children in the comment section
How does that happen anyway

Data dash and crypto99 and udemy also have great info

and dont fogrgot . ETH in 2 years x 1000 from 1 dolalrs ro 1000 dollars.. this cant be contunie same . and we see that now . and i think BTC/ETH=12. its mean you can buy 12 ETH With 1 BTC . i think will be like BTC/ETH =15-20. eth did run very fast and tired now. will rest a little i think .

do you know why bitcoin down ?

There Millions invest BTC 10-20K fiat. and they sit and wait now and for wait Btc REACH x 10 x20 x50 x100…Before 10k there was not many attention for BTC worldwide . after worldwide attention there millions invest bitcoin ( bcz they did see BTC and other altcoins performence in 2017 btc x15 eth x100 and other alt maybe more ) and they invest for that . But i think 20k was pick point for BTC for fiat and attention . sorry for my english .

I like your videos Steve but relying completely on chart mumbo jumbo is driving with blinders.. Thursday morning and bitcoin is taking the elevator down, currently $9835 and heading for the basement. I predicted this just by noticing that tomorrow is the last Friday of the month and CMI futures close tomorrow. Obviously that "unknown investor" who bought $50 million BTC on Feb. 8th is taking a big dump. Chart that!

i always skip the first 2 minutes ..

We are going down to about 8800 then we break 12k. That’s what I suspect

I have no clue who you are and have never heard of you. Why are you selling classes without giving any real information? There are tons of other channels that give out way better info and free classes. They even show how to read charts and analyze them for free. Also where is Pauline? I scanned through the video to see her perspective. There are enough dudes trying to sell crap on YouTube

Hit up Philakone….no pretense and most importantly his TA and training methods are free!

What about 2014-15??? It corrected for over a year. Why does everyone think we are going back up this year?

Unsubscribed – 12,000 is a value, not "resistance." That value can't "keep us down."

Now that the "paper crypto" market exists in the form of futures, I suggest that any analysis of crypto data is suspect with out including input that takes into consideration what the futures market is doing!!!! In the gold and silver markets governments and big banks determine the movement of silver and gold prices by using paper futures contracts to suppress big movements up in value. It strikes me that the very same thing may be happening in the crypto world. It also appears to me that the Big money in the stock market world wants in on the cryptos and they always find a way to drive down prices so they can buy on the cheap! The big question for me is—What do they consider to be the correct buy in point????? Speculation: Cliff High and his web bot have a big following and the bot's prediction of Bitcoin at 13880 at the end of Feb/mid Mar. Perhaps this 12000 cap is an effort on the part of the "anticrypto" crowd to take down many peoples belief in Cliff's predictions. If successful, the people backing the paper futures wud then have nearly total control of Bitcoin values. Just a thought. Time will tel!

We know what is keeping Bitcoin down …do we know who?

Great stuff bro.

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Unsubscribed, can't stand being called the crypto crew and listening to same dribble about how successful you are before every video.

Lol nothing real btc is not predictable because it depends on buyers and sellers other all lie

thank you very much mate really helpful

Chart analysis in Crypto is BS. You have eaten your prediction from your own mouth many times.

I just seem to have a good sense of genuine people. I don't comment much, but I like you guy! no homo. I will be taking your classes soon after I finish my current classes on other subjects outside of crypto.. Thanks a lot for the vids..

You the man keep it up

You say blessed one more time, I'm going to wish you to get blessed in the face.