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24 COMMENTS

  1. love your channel. but i think the global situation is very important. i so hope you are correct. but im 99% sure you are wrong. we have a very serious situation that is affecting people

  2. 18:00 how are you gonna show the monthly resistance but not show the monthly support? The support line is much steeper than the resistance meaning the pattern more closely resembles an ascending triangle vs a symmetrical triangle. If we touch the support it would Iook like a gigantic bull flag before ripping up, draw it out. So expect a mini consolidation period before we go again ?

  3. whats most probable, if past is any indication of future, is we end the year around 14k, and in 2021 full bull mode….or if things are lengthening, we get to 12k this year, 14k 2021, then blow off bull run in 2022-2023….

  4. Many in crypto always seek an ex post facto explanation for price movement…IF they don't understand TA. Those are the people that lose all their money. I used to be one of those people ALWAYS hunting for a "why". I will never forget nor return to those days.

  5. its certainly possible to test the bottom at 3500. probable? Id say no. Theres not enough data to develop a trend to indicate this is probable. The yearly candle in 2016 did not close into the 2015 candle. Closed well above 2015 taking us into the full blown bull mode in 2017. also, it is probable the cycles are lengthening. So who knows what could happen. I give it 20% chance we hit 3500 again.

  6. By the way this yearly chart is very bullish. It kind of shows that at the end of 2021 we'll get to a new ATH. There's also a symmetrical triangle forming since Jul 2017. And an inverse head and shoulders as a second chance from the cap and handle. It's interesting to see how it carries on from here. But in the meantime we could go down to 5.3K if that triangle fully goes on.

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