Power Pattern Forming on Bitcoin (BTC)?! – Crypto Market Technical Analysis & Cryptocurrency News




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Is there a power pattern forming on Bitcoin (BTC)?! Let’s discuss this and some cryptocurrency trading technical analysis (TA) + current market news on today’s video!

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Disclaimer: The content covered in this video/live stream is NOT investment advice. I’m NOT a financial adviser. These are only my own personal opinions, ideas, charts, technical analysis (TA), insights, news and price predictions. Always do your own research and only invest solely based on your own findings and personal judgement. Deciding to invest in and/or buy Bitcoin (BTC) or any other type of cryptocurrency is extremely high risk and the market can crash at any time! This video/live stream is purely for entertainment purposes only!

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49 Comments

  1. just wanted to say in reference to your comment "why would anybody trade bitcoin as the main pair if they have stable coins (11m05s)" – the reason is the very reson for buying bitcoin itself, hedging against fiat. Trying to assume profits by alligning your fiat with btc – but not actually holding it- is like getting in line for the ride but not actually getting on – regardless of your commiment if the gate to the ride closes before you can flip, guess what… you miss the ride (benefits versus fiat). In otherwords if your buying bitcoin because you beleive in it, you feel safer in btc – if your a speculator trying to minimise risk (meaning you still beleive in fiat) you ultimately beleive fiat is superior therefore your risk pattern is heavier on the crypto side.

  2. Wouldn’t a “stable” coin be a bad thing for all crypto? Why would anyone want to invest in ANY coin at a super high price if they can get an even exchange coin for their fiat? Wouldn’t this essentially kill crypto? Am I missing something here?

  3. Look on tradingview chart and use three Reverse RSI indicators. Put in 45, 50 and 55 as values and then check the monthly logo chart and compare to 2015. You can actually see that the bottom will be around 4K in January 2019. Sell all your coins asap and buy back in December. Thank me later 😉

  4. Was in a hotel at the weekend and my son went missing (14 with head in his phone) I asked his Mum " Where is James?" (My Son) "he is over at the water cooler" she said – well I just collapsed in hysterics!

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