Bitcoin (BTC) Must NOT Fall Below THIS Line?! – Crypto Market Trading Analysis & Cryptocurrency News




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Why I believe Bitcoin (BTC) must not fall below this line! Let’s discuss this and some cryptocurrency trading technical analysis (TA) + current market news on cryptos in 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. Trading and/or investing in Bitcoin (BTC), Ethereum (ETH) or any other type of cryptocurrency or altcoin is extremely high risk and the market can crash at any time! Cryptos are incredibly volatile! This video/live stream is purely for entertainment purposes only!

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48 Comments

  1. do your own research ladies and gentlemen. But most people who do their own research are worse than others cuz they dont have rules or system to know how to do it properly.

  2. A big rally is expected near Christmas and new year so stick around and don't sell cheap. Buy abulaba from LBank exchange.Great coin with low circulating supply.

  3. FYI If you want more data for your 200 Week MA (as well as 50 Month MA) then use BLX ticker for BTC (Brave new coin liquid index), paints a much more detailed picture for you. It'll show you the first time BTC breached the 200 Week / 50 Month, as opposed to about 6 months later when these MA's became almost redundant.

  4. this market is a blessing for those who are ready… im making scraps here and there, but the big players must be so comfortable right now… the gains whether it goes up or down are unmatched. Good luck to all and lets get this crypto. Crazy times are ahead 🙂

  5. Great to see you bring up the 200week mover… there is a death cross looming… also … dynamic yield curve inversing… crash definately imminent… couple months to go… its an awesome time to be alive…?????✌?

  6. I can't see it going much below the 200 w ma. Too many whales would pile in at that point, I think. It would also be an easy manipulation point though. Everybody will be watching for an indication of a bounce or dive, so a whale could spike it whichever way they want it to trend. Could be a spike war I guess, between long and short whales. Probably whichever side the big exchanges need to squeeze, so check the long/short chart at the time. It'll probably get spiked the opposite way. Or banks could try to tank BTC by directing the trend down with a big-ass collective spike, hoping it'll continue to $1800.

  7. Wouldn't breaking that line make it equally strong resistance? a 5-10 year bear market????? Unprecedented! I have to come to terms that trading(and the heavier taxation that comes with short term gains) will be the bread and butter in crypto for the next decade. Trading has cut into my personal life, I've cried tears of pain when the market moves in my sleep and when I got commitments. When in Crypto(esp on bitmex or any non USD or USDT exchange) Your always 1X LONG by default in the amount that is in your exchange wallet. So missing out on a big dip(entering or increasing position) is painful. I've become obsessed about the market and have contemplated ditching family and friends to make savage profits on the "always down" moves of 2018(and maybe 2019 too). Something I miss about the bull market is that I'm not "punished" for inaction by a slow bleed of my portfolio. It is taxing indeed. Do you have family Kirby? Parents, uncles, nephews, children? I'm finding it hard to figure out how to keep ahead of the bears to make profit, and taking time to sleep, visit family, and such. Only because of Anti-pipeline hippies do I even have as much time to trade as I do, but then again that basically means I'm entering the part where I "trade to pay the bills". I got a year and a half roughly before I reach that point where my trading will officially be my primary income. While my parents(traders themselves) understand the trade-offs of a 24/7 market the rest of the family don't and like to guilt trip me when I'd rather short a 15% drop in Bitcoin then go to their BBQ! It's a BEAR MARKET and I'm on call 24/7 just like some fields of employment, when the next bull market comes I can be more flexible because a missed trade isn't a slow bleed.

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