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.
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About the Author: Forflies


  1. Just think about all the variables that effect price globally instead of focusing on a nation's economy. It boggles the mind. Is there a software that actually monitors all variables and provides short-term models to make better decisions with? Just wondering.

  2. Brilliant video bro. I have to agree on the contrarian psychology view you mention. When public Joe e.g. YouTube commenters are all asking how to short Bitcoin, or laughing at Bitcoin and kicking it while it is down, then we are very close to a short term move to the upside. My TA is showing a very imminent and MASSIVE short term move up with Wave 4, to as high as 6K, then a dump down in Wave 5 to capitulation. Late shorts get Rekt. I like that lol

  3. Doc from readysetcrypto says the something … gigantic swings till hammer candel and i add black swan to pluto when central power has accumulated enought.

  4. good video! but we WILL NOT get to $700 sorry. historically each crash has taken BTC down to the 86% Fib retracement levels (see 2015 bottom from last AB leg up from 2013…hit exactly on the 86% twice @ $160).

    if this holds true, we should see MASSIVE VOLUME SPIKES around $2800 which is where the all time 86% fibonacci retracement sits………we're EXTREMELY close to bottom!

  5. If Bitcoin is to spring up beyond 20k within the next 3-6 months, that would be extreme. Markets move like waves do. They oscillate. It makes sense to me why the price could need to propel down to 700$ before rising again.

  6. Great video, reassuring to hear you echo some of my thoughts. Glad I held on to my from short yesterday! I was close to closing it. My sentiment is… Lower but as there are so many bears around now im going to be very cautious shorting.

  7. Would you not look at the 200 week moving average which the market has never gone through ( not saying it cant ) but a read on what is playing out , 3k hit 2850 and back up and pos reversal .

  8. no do stop ..the education it the part and the real part of it all ..we look at chart then we look and see if we are in the right space .if not it 10000000% more thinking then one person .smart person knows other peoples opinions for food for thought .keep up the great work and you are a king for living with being wrong .and I like people like that it is real .and real is 100% never be wrong thanks for the video today great job .
    Ps. I was sad I did not see you for a few days ..move video more education .thanks

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