Has this Bearish REJECTION SEALED THE FATE For BITCOIN? – BTC/CRYPTOCURRENCY TRADING ANALYSIS




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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22 Comments

  1. If people are blind to what the technology that is being built around digital assets, then I truly pity them! If the equities markets take a hit, and I think they will soon, I will be in cryptos and precious metals! …. and some cash on the sideline! People’s 401k’s and IRA’s and pensions are about to fleeced! I saw what happened to my portfolio in 2008 and I will say—Never Again! TBTB ARE PLAYING A LONG GAME WITH CRYPTOS AND GOLD AND SILVER. THINK FOR YOURSELVES GUYS. DON’T GET THE SHORT END OF THE STICK THIS TIME!
    The money from the stock crash will go into cryptos and the cryptos will act like a sponge and absorb all that money coming stocks and bonds! The big boys are out of the markets now! Just my 2 satoshis guys! ?

  2. 1. Technical analysis is theoretically the same as Crypto and Stockmarket, but there is a very big difference. In stock markets, the foundation of technical analysis is much more pronounced, meaning that experienced players play with (sharks). The simple foundation of the technical analysis only helps you to a limited extent in this market, but with cryptos it is enough. Why? Because the big players (sharks) are not so much influencing the market with their experience, quite simply. As soon as they enter the crypto market in huge numbers, a completely different game is played than now and today. The now experienced Cryptotrader will haveproblemsto make no major losses. It is very important to deal with the stock market because the sharks will come !!!
    2. The comparison with the S & P 500, I certainly give you right that large investors are not interested in investing in crypto projects when the market crashing soon. The only big question will remain whether fiat money overflows in BTC because this should rather serve as a store of value and not as an investment. That will be the big question of whether in a crash, a portion of the assets will be shifted not only in gold and silver but also in BTC. Where certainly no money will flow is, for example, in IOTA, Chainlink … these are not value storage but investments in companies.

  3. As the S&P500 was falling… Massive Global money printing began again. I'll let you go find that chart. As long as they print the money… the market won't fall too much. This is the game they are playing… whether you like it or not.

  4. Man you are totally wrong… And you will see if s&p plunge… Btc will be x100. Why because if they will start again the QE the help economy after years of printing there no more space for other dollar nd euros… So guess where it will go??

  5. If people are taking their money out of the S&P, they will put it somewhere. I know gold is getting some of this, but I believe crypto will get a good portion as well.

  6. with the 08 market in mind I think right now is the ultimate time to shrot the SPX and DJI, because I am convinced we're moving a lot lower and very soon. However, I think a lot of traders know they could move their money to BTC now with little effort, and depending on how btc behaves in the next month, that might very well happen, so we could se an inverse effect on the crypto markets because of a financial crisis. But then again, that's just my theory on how this might play out.

  7. Don’t you think that could be the contrary ? That Bitcoin could be a bridge for institutions ? As gold ? Digital gold / store of value.

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