When To Buy Bitcoin?
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1. Day Trading Course ( TRADING STRATEGY) - FULL GUIDE https://bit.ly/2C3dnMU
2. Those Diagonal Trend Lines On My Screen https://bit.ly/2XOp7uR
3. Custom Volume Scanner https://bit.ly/2UqlKZ5
4. Fastest Market Scanners https://bit.ly/3uo6cVg
DOWNLOAD https://bit.ly/2PxgXSy https://bit.ly/2DujgU1
5. Fastest Market News https://bit.ly/2DuaPbj
6. Unusual Option Scanner - https://bit.ly/2Y82YYj
7. Free Chatroom 30,000 Members https://discord.gg/QXjqBTM
8. Boiler Room Trading FB GROUP https://bit.ly/2PxD2k5
DISCLAIMER:
All videos or content posted on this channel regarding stocks, investing, stock trading, money, money, wealth, retirement, or any investment vehicle is entirely for educational purposes only, please do not take any of the information literally, and always speak to a professional/licensed investment specialist for any investment decisions.
What's going on guys welcome back to the channel appreciate you guys tuning in once again, if you are a bitcoin lover and there's nothing more than you love the bit of the coin, then we have some news for you. What we're going to be doing here in today's video is giving you guys some updated price targets for bitcoin, so this is sort of the longer term chart over the past 180 days. So this is over the course of half of a year um. You will see.
Obviously bitcoin is going downwards - all right, so pretty much what you're going to be looking for here in the near term. Now it's a near-term future, but in the future, is you're going to be looking for prices of bitcoin to see 22 630 for right now to the price of nineteen thousand dollars. I know that seems pretty crazy and pretty far-fetched, but let me explain the reasoning behind it. So couple things: if we look at the price action of bitcoin on a 180-day chart, you will notice that we dropped the last time bitcoin dropped.
We recommended that this was the buy zone on bitcoin, pretty much into there. Looking for the market to bounce we bounced, and then we were unable to continue clearing those highs. You will see then bitcoin ends up rolling down very harsh here. That roll down was a very bearish signal into bitcoin from then you can see, we've done a little bounce and we have then shied away and we're continuing to trend down.
We have yet to break through all of these previous lows, but when we do break those lows and there's a very good chance that we do in the reason, i think there's a very good chance that we break those lows is because currently bitcoin at these lows Is not really on solid deviation support. You will see that this price action bottom does not exist on long-term. Solid deviation. Support, therefore, making it a little bit easier to break on the downside.
If we look left on the chart back to here, you will see that there is a gap in the chart: gaps, love to get filled in the market, whether it be equities or whether it be cryptocurrency. Whenever there's a gap in the market or in the chart, it is theoretically seen as a inconsistency. Therefore, the market should eventually correct to end up filling that price, so the gap fill price is all the way down to a price of 23 777. We have given you buy zone targets of 22 475 to 19746., ideally, what's going to end up happening with bitcoin and really i should say if - and i am a strong believer that it will, but i guess to protect myself if we break those lows.
Let me redo that a little bit if we were to break these lows and cross through this dotted half deviation. There will be no support in the bitcoin market until you get to prices of 22 000 to 19 000. note that price target will change day by day, so i will make sure to do an updated video here in the future, but you can also tune into Our morning live streams at 8 30 a.m and ask me to review bitcoin on the spot, for you, as that is going to be an easy route for you to get connection to me is in the morning at 8 30 a.m. So with that being said, ladies and gentlemen, the updated price targets for bitcoin nowadays are 22 000 to 19 000 give or take a thousand. That being said, i'll see you guys in the next video hope. You guys all enjoyed this and take care.
Now it’s at 40k I was waiting for it to fall
My boy Conor dropping that knowledge on us. Ty!!
Interesting
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Good dip buy opportunity right now!!! July 2021
Ha brother thanks for all that you do!! Why is my one minute chart on eth/btc missing candles and 👀 like a bomb went off on TOS also the price is way different than my mt4 and the price doesn’t move smoothly thanks!!!
I disagree with your analysis. You fail to realize or mention BTC has NEVER dropped below previous All Time High ATH (which is currently 20k) after the halving.
My body is ready
Bitcoin target price for me is around 10k .. and as fed takes over with regulation in the next year or so I expect it to plummet to around 6k
I see a lot of analysis. Strong work. My mid term target was around 21
Classic bubble pattern… likely a few months away from hitting that 22k range
A coworker of mine started to invest towards the top. I strongly recommended that he get out and just be patient. He was new to all of this and when he pulled up a chart, I told him I'd start to get interested around the 20k mark. He laughed at me and said it'll never go down that far. As it was dropping he was still aggressively buying to the point he had invested money he didn't even have. That was around the 48-50k area. He has since apologized and said he wished he'd have listened. I hate seeing anyone lose money so it's not a gloating moment, just told him we all learn the hard way in the beginning, and now you learned something which is worth something.
Crypto doesn't move like stock markets. Stock patterns do not apply to cyrpto. The smart money is accumulating, long term holders are still holding and buying. Data like this needs to be assessed in order to price predict bitcoin. Fixed amount of bitcoin, more buyers squeezes the price. When it goes, it goessss
I knew that when it dropped to 40k. It’s a clear head n shoulders in 1 year and 5 year chart. It’s going down to 18-19k for sure then will gradually go back to 60 to 100k…
I feel like you would be amazing at trading crypto. Love more content like this .