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Bitcoin Technical Analysis & Bitcoin News Today: Bitcoin is still waiting to break out! I'll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. Bitfinex answers the rumors about their insolvency and I talk about the Bitcoin adoption in Venezuela. Watch the video to learn more!
1:02 Bitcoin Technical Analysis
7:57 Korean Volume
8:49 Bitcoin & Crypto News
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Hey wassup Carl! I posted a few days ago that I believe we will see $5000 within the month. I see a head and shoulders pattern forming, as well as open space on the candle chart from $4600 - $4800. Open space has to get filled right?
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if i watch the bollinger bands on 1week time, then it s look like we going side ways till half november, to early for a pump for the bolligers bands, they need to make a small tunnel first before a big move, it s always been like that
*"nothing that differentiates the bolivar from USD, it's just paper."*
Carl I know you're smarter than that. there are huge differences mainly the country behind each currency. the US is an economic power unequaled in human history. Venezuela on the other hand is a 3rd world nation lets be honest. we have companies in the US worth more than the entire country of Venezuela.. think about that for a second.
Except Venezuela used to be incredibly rich and prosperous, before the Socialists took over and turned everything to shit (as they always do). In fact Venezuela used to be one of the richest countries on the planet, because of all the oil on its relatively small territory.
People are watching their money in stocks very closely. Dont be reactive when the money gets moved to crypto. I dont think we will see volume until the next bull run so dont suffer from paralysis by analysis and just get in while its under 7k.
Ready to explode lol.
All we Saw was a crash avoiding add buy from whales.
There is no Real risking demand so price cant explode.
On bigger timeframe it might Rise But Atm a
All pumps are Manipulation.
Vol this low beside 1 minute big buys tell that Atm bc price would be much lower if whales would Do not hing.
Waaaaay too many people are anticipating a bullrun right now
Typically when you follow the herd you get slaughtered. I need to see definitive capitulation and consolidation then there will be a bullrun. Sure i could be wrong, but i would rather miss a 10% move then be in a 30%+ freefall
I like most of your news articles, but there was not much depth to your Binance story. Why would they put money into a charity? Who is behind the charity? Just does not make sense that they suddenly want to be perceived as the nice crypto folks .....
I just find their whole business setup odd. Coins need to pay a high fee to get listed, of which they then themselves further make a lot of money when trading. So you need to pay them so they can make more money from you. They are obviously in it for the money. Nothing wrong that in itself of running a business and making money. Just why then they suddenly turn around and say that all fees go to a charity? Who is that charity? Why not drop the listing fee altogether? All that does is giving access only to company backed coins and not community coins where there is no central financial backing. So I am just questioning their move. I give to charities as well. That is because there are certain causes I believe in and want to help out where I can. Giving to charity in my world is a private event. Not doing it to score points in the community. Doing it do help out. I don't like it when it is used for advertising purposes.
Carl! I use Bithumb and I know what that is! Bithumb started an event that it gives some coins back to people who made certain amount of transaction. That volume peak is made during the event time. Bithumb is apparently struggling from people leaving, and it's kind of promoting themselves.
Hey Carl Im Korean. You have a keen eye. Bithumb had held an event , giving out free money to top traders who have made most trading volume each day. I think that was the reason for unnatural volume spikes also that event started in mid September. Thanks for the good videos.
At the end of year 12/31/2018 some guys will see they can't sell with profit. They will sell at low price for save a small part of their invest. Some guys will lost 90%.
Cryptoasset investment firm BlockTower CEO Ari Paul has lost 99.73 percent of his $1 million Bitcoin price bet as the 2018 bear market claims fresh victims. All this money will be lost at 12/31/2018.
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