What the just happened to BTC? What’s in store for us tomorrow? Are we going to test or break the $6,000 price point? Mark will walk us through the Bitcoin charts.
Mark is an active trader and shares his technical analysis of the charts. He is not a professional advisor but shares his knowledge so that you can have a foundation to do your own research and make informed decisions on your investments. Always do your own research and never invest more than you can afford to lose.
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Don't put all your eggs in 1 basket. Bitcoin will always be around because of the coin exchanges and its own blockchain. Given.. I Ran into a video in Feb Early this year, I found so many people showering Accolades to a man named Alessio Rastani who has made a great Impact to so many young crypto investors since last year, some said he has the best strategy to trade Bitcoin,I was tired of Gdax and Binance small profits i was getting, so I reached out to him and he gave me the best tips to excel in the world of Crypto. Now I don’t just Hold, I make more Gains, after 3 months I can Boast of increasing my Portfolio from 4Btc to 19Btc*, all Thanks to Paul’s Almighty Formular for Trading, Y'all can reach out to him here.
Wow - this conversation is going the same way gold and silver did - it's a joke. Anyone that still believes chart analysis means anything is laughable. Wake up before it's too late - it's just bitcoin pumping...and it's totally dishonest. The sheep have been sheared already - new sheep are needed. I'm sick for those who bought in at the highs...very sad.
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Daniel. I wish I could answer that question, but everyone's situation is different. XRP's chart is not going to look much different that any others in the near term given this market. Most of the uptick in XRP seems to have come from the rapid X announcement so that is already factored into the price. But look at it this way. Medium/long term. Let's say XRP can get back to it's high of $1.45/1.50 that would be roughly a 350% increase. Let's say Bitcoin got back to it's high of $20,000 that would be roughly a 312% increase. That's the way that you need to evaluate where you want to put your money. Because it doesn't matter how much the coin is. Just because you can buy 2 XRP for $1 and only .00015949 BTC for $1 your profit increase is by % gain, not number of coins owned. Does that make sense?
CVE-2018-17144 vulnerability in the Bitcoin Core is very suspicious and the reason I am out of bitcoin and why everyone else should be out of it too! Its been compromised! take the crash on 11th of October 2018 for example! It would make complete sense for all the duplicated coins to be converted into Altcoins as well then simultaneously sell everything off at the same time when bad news is expected thereby covering up the sell off of the duplicated coins! BITCOIN HAS BEEN COMPROMISED and I challenge people to prove me wrong! REBUILD Bitcoin with mimblewimble integrated and lets start over because bitcoin is broken
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Great TA and very valid. Problem is the volume has again trailed off significantly and there is strong support at 6150. This bear flag might turn into a bart pattern before the weekend, with one big buyer eating up the order book.
Collapse is a little strong. Historically the dollar is soft this time of year and then pops back up in December. There are some that feel when the dollar is soft that hedge funds use bitcoin as a backup. I don’t know that I subscribe to that theory or believe that will happen now, but I’m taking in all information to see if anything is validated.
Taylor, someone who works for the Federal Reserve in New York, cold called me last week. WTF when I backed tracked the call tothe person and called his personal land line at what reported to be his home address it was a boiler room set up they were trying to sell me bit coin. Of course your markets are being manipulated. What happended world wide between World War I and World War II was manipulated to the benefit of a very few (JP Morgan).
CryptoHaso you could use the daily candle as support and resistance if we had a few more daily closes. But you may want to look at the 4 hour right now and see how that is trending. Eventually that 4 hour will average out over the day right? Not the same levels then.
Somebody’s gotta make the argument for bitcoin being more stable than fiat because I don’t see it. All the major markets just erased all gdp dating back to July. Any further down and 50% of US production profits for 2018 will evaporate. I have 3 questions: Which guilty group of manipulating sons-of-a-bitches do we shoot first?!?! What fucking country just went bankrupt??? Is this from just a simple interest rate bump???
This is all the democrats backlash because Ford clearly lied, Kavanaugh made it to the Supreme Court and now they have to douche the stock market/crypto to make Trump look bad and take the blame for this. Happy October surprise.
My theory is that 5800 is crucial for testing support. It's not so much manipulation, but the likelihood that if it hadn't tested a key level, the big money in this market will not be comfortable in buying unless it knows for sure it will hold from the support before the previous 2017 bull trend .
Why is this A shock to anyone anymore as long as there is no regulations and you can bet against the price and manipulate it from whales it will always stay where they want it drop it buy it low rsise it sell it rinse and repeat
Yep it seems It's only been that way since Jan, I've been in since last June and this channel when it was new actually made me good $ with ADA, iota, and a few others, but things are not so easy in a down market.
@D Based: LOL, yeah. I'm fairly new in this space (10 months) but what I've learned so far is that EVERYBODY is wrong in this space. EVERY predictions are wrong. I think we could make much bigger profits by doing the exact opposite of what the "experts" are saying. Bottom line, nobody knows what's coming tomorrow. But I still watch those videos bc they are damn entertaining! ;o)
This time the sell off has nothing to do with TA!!
The elites are manipulating this downwards for the final time to hedge as cheap as possible after the DOW loses 1000 points.
Will be interesting to see if the DOW drops & holds below the 200EMA... If so, hold onto your bags coz we are going to the moon!
+Surfer Jay definitely. I don't think it'll consolidate there. Just long enough for the wall street elite to get filled and leave the retail traders wishing they got in there. I think it'll be a v bottom. There and gone.
Risk/Reward ratio bro. I stop loss religiously and manually trail all my positions up. If bots shake you loose, it’s not like you loose money-only a chance to make more. I let my stop losses execute all my sell points as a matter of sell discipline...or else I risk screwing up royally. It’s a safe way to plan.
The problem is I can. When I say long term I’m bullish. I can see that bull run taking us another 6 months. The market probably won’t trade sideways for 6 months. Until I see some sustained follow through from the bulls we’re still bear.
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