THE VERY BEARISH BITCOIN PATTERN THAT JUST FORMED: EXPLAINED – BTC/CRYPTOCURRENCY TRADING ANALYSIS




This market buying and selling evaluation applies to numerous exchanges, together with Bitmex and Binance. Tackling questions like if Bitcoin can attain 20ok once more and if we will probably be seeing a crypto foreign money market restoration this 12 months. Issues just like the lightning community have supplied big enhancements for BTC and whereas it's true that others like Roger Ver with Bitcoin Money (bcash) could disagree, I do see these blockchain expertise improvements to be very bullish elementary indicators for the area.

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35 Comments

  • Near the 2 min timestamp, just realised I showed the completely wrong part of the chart, but my point also applies to the level I was SUPPOSED to show. My bad on that, been a long day.

  • Whats guys hads… Lol

  • such bs. the exact opposite will happen

  • Hi Forflies, could you donate some Bitcoin?

    BTC address –
    1BwnrPkBchT8k1xK6JuVto5R2dRVaXyTdE

  • Your rising wedge resembles more an ascending triangle.
    So, be careful.
    —————–

  • none of you understand, btc is done for, the futures cme market, will destroy it….so sad

  • The average retailer is still stuck long at $9000~, until we breach above that level, every new resistance is going get shoved down as bagholders bail out 🙂

  • why do altcoins move opposite to bitcoin?

  • Thats not wedge..atleast not yet

  • market are not manipulated to fibonaci, fibonaci rules the market and the universe. you look at it the wrong way.

  • Just make your point, you jabber too long to make your point, disappointing, and too much selling of your premium content.

  • By the time all these institutions investment vehicles are up and running ppl will regret not going all in at these prices…!

  • Ripple's XRP: Whether it is decentralised or not; philosophically , it is the financial database of the centralized, corrupt and exploitative banking industry. I've bought some and hope it will moon one day, which I will then proceed to dump it all for better cryptos with a goal towards being its very own decentralized banking ecosystem. Also, the market cap is a very misleading indicator — what is real is the current price vs. price at a previous point in time (perhaps when it was just released to the market) and especially the liquidity of a given token/coin. MCAP is merely the current price times the circulating supply — and Ripple have gradually been increasing the supply of XRP into the market into the hands of their banker-friends.

  • He blathers for the first few minutes. Skip to 5:30 of the video to get to the point of the title.

  • Don’t waste your time trying to predict a 4 hour chart…

  • J W

    So we may continue on higher…OR we may continue on lower….jeez thanks for that.

  • In trading, always big fish eat small fish, no matter how smart you are, it's good to have a few big fish friends. 🤣🤣🤣🤣🤣🤣🤣❤️

  • very informative video. good job!

  • Moving the goal post to fit your bias ?

  • Always look forward to your TA 💲

  • H&S are reversal patterns. I have a TA on my channel. I would be happy for genuine critique.

  • Dbest

  • You should learn Elliot wave and other metrics of trading, can't always just use market geometry to predict the market.

  • I hope you're right and xrp is detaching from the rest, lol but it's ''not a crypto'' very incorrect. it's arguably more decentralised than btc and ether. is a good argument for it. anyways…. lol

  • A GREAT video. Explaining the patterns really is very useful to us traders who aren't familiar with them, or those that aren't so confident. Definitely one of your most educational videos so please give us more of this stuff. You put the info across very well which not every YT analyst can do. Thanks man 🙂

  • Are you serious here? ETH will follow BTC. If you're bearish on BTC it makes no sense to be bullish on ETH.

  • Too many want to be tarder if people buy btc base on this video or other you are stupid

  • Keep Me Up Dated You Lolligaggler…lol

  • Bart simpson bot trading is back?? NoooOOoo

  • Look ones more at XRP-dosent it look like a market cycle?

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