This market trading analysis applies to various exchanges, including Bitmex and Binance. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space.
https://t.me/forfliesgold
To join VIP, click on my name (@Forflies) at the bottom of Telegram posts and message me. This is the only way to join VIP.
https://t.me/ForfliesIndicator
Info on the Forflies Indicator.
LIKE + SUBSCRIBE!
Follow me on Twitter: https://twitter.com/sami_loyal
TradingView (where I chart BTC): https://tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=11710
Bitmex (for a discount on fees): https://www.bitmex.com/register/sk75q7
Books I recommend –
Technical Analysis of the Financial Markets:
US: https://amzn.to/2BMpaOY
UK: https://amzn.to/2wcp9i6
Market Wizards:
US: https://amzn.to/2PCzLyF
UK: https://amzn.to/2od7v9q
I make YouTube videos on cryptocurrency news, crypto altcoin analysis, bitcoin trading strategies and a lot more. You’ll find a lot of videos on gems to invest in and learn how I’ve earned money using Bitcoin.
None of my Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano (ADA), Verge (XVG), Tron (TRX), Binance Coin (BNB) videos – or any other cryptocurrency videos/online posts – count as financial advice. I am not liable for any losses you may incur when trading crypto, always do your own research (DYOR).
Business email: sami@cloudreachmedia.com
source
Bitcoin will hit $1513 in 4days stay below that price for 47 days on day 48 will rise back to $5689. And diluted again.
There will be rallies. Sell on them. The bottom is a lot lower.
I've drawn a trend line and it tells me that BTC price will go into the negative in 2019!!! If you wait, you might just be able to accumulate more BTC simply by selling BTC!!!
what settings do you use for ichimoku? because mine looks better on default, all those who put double and things in settings, they are all miss a lot of buy opportunity on charts.
Still think it looks bullish? Sami you're way too smart to think that was a reversal sign. I knew it wasn't and I'm no expert.
You mean bullshit reversal. "Technical analysis" is nonsense … a self-imposed tax on the gullible.
You're selling wild guesses.
Pretty awesome. -_-
Bitcoin is not bullish at all,,,I believe bitcoin will go to zero
Every time you include a "VIP testimonial" I hit dislike.
Those who think BTC will go to zero are the ones trying to crash it more so they can buy MORE BTC for themselves!!! Paper money has a higher chance of going to zero, and guess what, paper money actually DID go to zero many times around the world. BTC will only be worthless if there is no internet…lol. investing in Bitcoin is the right move
We're going lower. This is just a minor bull rally, won't last
Lol you did not see this rally coming. Only after the fact. And no mention of the huge bullish divergence on the one day for the last 8 days, no mention of the severely oversold weekly stochastic RSI and RSI, no mention of the pending move up to the 50 day moving average? No wonder your TA is always wrong lol
Hi, do you really feel the Sendiment is changing right now??
long pigs will keep getting butchered in this market all the way into 2019. Anybody that tells you otherwise is delusional, trade with the dominant trend and win.
Doji candies are great…for stock…
Bull shit
The thing I love most about TA youtubers is how often they change their mind. Makes you wonder if they have any clue. They don't.
Why u keep making videos? Drop the bull. Shit
Dick sucker
low volume, nope….
All the bearish comments got me thinking it might continue upwards
The most important sign there is the large volume spike into the positive on the 4H. These always indicate a reversal in trend as volume tells you the sentiment of the market.
Bitcoin to $1 then massive run to $100,000,000
bitcoin is dead. As I said in early 2018 he will fall so he is too. All the fairy tales, all the wisdom, all the forecasts, all failed. You can not calculate Bitcoin with "News". It will help you no indicators and more. Bitcoin has nothing to do with a real currency and is frighteningly easy to calculate. And he will continue to fall. Even under the 1000 mark so much is for sure. Certainly many unsuspecting customers want to advertise. Of course, many want to save their Bitcoin because they are stupidly high and are already recording high losses. Well … Bitcoin falls back to where he was last. That's how it looks. As long as you do not understand the nature of Bitcoin or just let yourself go … well … as long as you lose. ^^ Many say that news is better to know what's going on, but they've all been taught better. As long as you do not know why Bitcoin was created and what kept it for so long, what kind of "market" was responsible for it, as long as you pay for it. ^^ It keeps falling … back to where it was before. There you can talk what you want.
ripple … who is to say your not getting dumped on
Its odd you give greater weight to a bullish 48 hr indicator when your bearish TA is derived from weekly candles and longterm trends
Bitcoin is going to $900 really really soon . Huge dumps coming.
Dead cat bounce , BTC wont turn around properly until everyone literally hates it and its deemed useless , the fact people are buying it right now is still pockets of hope those pockets are remaining fomo people they will be crushed
Thanks for the video! I agree, BTC is showing signs of a major reversal! ???