BITCOIN CRASHING!! Capitulation & Despair | Where’s The Bottom? $3,000, $4,000?




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Bitcoin Technical Analysis & Bitcoin News Today: Bitcoin is crashing and falling today. Where is the Bitcoin support? I’ll show you some support levels in the Bitcoin price. I’ll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. Watch the video to learn more!

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Sources:
https://old.reddit.com/r/Bitcoin/comments/9yjrae/as_wolf_of_wallstreet_memes_are_forbidden_now_i/
https://old.reddit.com/r/Bitcoin/comments/9ylaxp/the_rocket_has_taken_off/
https://www.google.com/search?q=bubble+chart&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiRy5ai0-LeAhVoo4sKHdgJBo0Q_AUIDigB&biw=1440&bih=704#imgdii=qyJcHznO9ww4_M:&imgrc=pJpbOJoPVbMxHM:

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About the Author: The Moon

21 Comments

  1. Breaking news: If you sold or ‘spent’ a Bitcoin (etc.) since 2015 and did not report the sale on your tax returns…Bitcoin stores all transaction details in the blockchain so IRS is running a report, matching it to the tax return, and mailing audit letters or tax bills. Did you use the Tor browser to make illegal purchases using Bitcoin which stores complete transaction details in the Blockchain? Are you a supposedly smart young man from a good family? Law enforcement hates smart-ass spoiled kids. You will be placed in a cell with a much larger prisoner who will rape you until you bleed out the ass. Then he will rent you in exchange for a PJ sandwich. NSA targets Tor users for close monitoring under its XKeyscore program. The bulk of the funding for Tor's development has come from the federal government of the United States, initially through the Office of Naval Research and DARPA.

  2. Bitcoin is not crashing, i belive it is giving average people the opportunity to invest in it .once we break resistance and BTC price is 7200$. Things will get INSANE VERY FAST

  3. When I read all your comment make me think the end is near! We are entering capitulation, that means people Start to sell anf sell. They hate bitcoin and regret their investment in this asset. I think its almost time to invest. Wait a little more maybe 3k

  4. It still amazes me why so many new traders put so much faith in the RSI indicator. People have to remember that the RSI and all indicators for that matter, follow the price – not the other way around. The RSI can stay in 'oversold' territory for a very long time and price can continue to drop. It is merely an indicator to be used along with other technical analysis. Waiting for the RSI to drop below 30 or whatever threshold you set does not automatically mean it is time to buy. Support & Resistance levels are much more useful in TA along with standard fib retracement levels and simple price action.
    Brokers add all these indicators to platforms to sell their services to wannabe traders. They are nearly all useless. Do you really think giant financial institutions are sitting with their finger on the buy button waiting for the RSI to drop below 30? Get real.

  5. I strongly do not believe we are in capitulation yet, (2500-3500). I also believe fundamentals in alt coins specifically (not bitcoin) have been cracked after learning how BCH can manipulate its own fundamentals with its divided miners purposely threatening to sabotage the market should BTC miners assist one side with greater hash rate.

  6. Hi Carl, thankyou for your great videos as you would know the trade volume on bitmex is over 6billion in the last 24hours and I disagree with your comments on manipulation. I believe this drop is all about manipulation and it can be seen with the whales trading on Bitmex. I am confident in saying that the traders on Bitmex have started the short and driving the price down to shake the mums and dads non researcher's out. But it's gonna need more shaking than this dip. Entry is still far away and more downtrend to come before the bit pump on Bitmex.

  7. I traded without assistance and instruction from anyone and i lost well and nearly got broke but i came across a posting about Pauline and i contacted her and took her instructions. Now i will proudly tell everyone that in deed she is good and advice anyone going or have been trading to seek advice and instruction from her

  8. The fundamental of all fundamentals of Bitcoin is wrong. You can not have a currency with limited supply. It has never worked, and it will not work.

    So, Bitcoin is doomed to failure from its very inception.
    —————–

  9. i remember how many times this moon boy said "oh it's pure manipulation" in the past and now says "others are wrong and they say it's pure manipulation"
    lmao what a joke

  10. If something, anything, got to $19,980 ONE TIME, why would you buy it there? I used leverage, too. I'm down too. I am not crying, I'm buying. If I can't pay back my debt, the creditors will have to be patient. They will all be paid back plus interest. It's a matter of time.

  11. In many aspects, I agree with the video. Sure, it feels beyond awful at this point, the stage we are in. However, I firmly believe that if I can endure (as a crypto investor) this, I can easily handle whatever comes. On the last part of the video, you mentioned that there is an economic crisis looming. Personally, I think it has already begun… It would be great to comment in your next videos, Carl. I read the demand for homes and real estate in the US has crumbled the past few months (just like in 2008), Robert Kiyosaki has said it: the banks that collapsed in 2008 are like 60% bigger TODAY than they were then, most stock exchanges in the world have seen red numbers in 2018 (China's Composite has dropped like 25-30%), the FAANG stocks in the US are now failing and have officially entered a bear market (several of them are 15-20% off their ATH) and the US stock exchanges (all 3) are BELOW their 200-D moving average… Matter of fact, the averages are now twisting and reverting their positions… What do you think, Carl? Think we are on the same page?

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