Today I discuss where & when I believe Bitcoin will find the bottom.
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Using – https://cryptowat.ch/markets – for chart analysis
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My Track Record For Price Predictions:
Jan 25th: Calling the Bubble – https://www.youtube.com/watch?v=HKZaihKGmBg
Feb 4th: $2,500 Bottom Prediction – https://www.youtube.com/watch?v=0b5Lk6xg34E&t
March 10th: Why I’m Bearish on Bitcoin – https://youtu.be/zOAXRnJDLKE
Nov 6th: Predicting the Long Term Trend – https://youtu.be/xHZt7xhDahg
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? DISCLAIMER
Kevin Svenson should not be held responsible for any losses that may occur. You and you alone are responsible for deciding if you are comfortable accepting the risk involved in trading. You should only trade based on your knowledge, experience, and risk as a trader. This information is for educational purpose only. Kevin Svenson is not a licensed financial planner or adviser. Any and ALL content published by Kevin Svenson should be NOT be considered financial advice. Invest at your own risk and as always, do your own research!
#Bitcoin #Crypto #Trading
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My astrological reading of BTC's chart has a final low in autumn when the bears will leave the show
Expec the unexpected
$2000 is allright to me. Buying time!
Q2
Bullruns usually start a year before the next halvening. So May would have to be the bottom if this patterns persists.
Love the short videos. 20 to 30 minutes is great. Thanks?
If it was as this easy to spot the end of bear markets "capitulation wick" then investing in market bottoms would be so easy noone would ever need to work anymore. This is the so called expert that lose 90% of his trades long term.
Who would expect that playing with yourself would be so much fun.
Love your Videos Kevin… Your Follower from India…
When lambo?
It requires lots of carriage to post a bold Price Prediction, most people will shy away from posting such videos, because if it turns out to be wrong they say it will hunt them later.
Great work, Thanks so much for making this video
That’s a nice drawing but it’s going to be incorrect.
Already bottomed.
omfg please stop comparing to 2014 ffs u dumb ta niggaz. if you were actually comparing this bear market to previous bear markets you woudnlt just look at 2014-2015 use your brain
Greek banking crisis 2015, Cyprus Government Bank Fiat confiscation 2013, USA/UK/EU banking crises 2008, USA Gold confiscation 1933 – These are events that 'traders' sometimes forget. Best to diversify away from government and fractional reserve banking system into decentralised crypto such as Litecoin or Bitcoin to spread risk as well as secure your assets.
LTC mining reward halving 2019! Bitcoin 2020!
Please make more videos
Short and sweet plus sticking to the point…..nice video
2000doller You crezis to much holders nex mond Fidelity you get rekt i sie soon 6000doller Bitcoin
The bottom will be somewhere between 1900 and 1300. Log chart shows everything.
So many bears waiting for lower prices. LOL Most likely 99 % of people will not make money even this time.
Volume is not a must have in a bear market. only in bull. And you just witnessed a Adam and Eve double bottom bullish pattern.
Big coins need to invest money in them! What exchanger is now profitable to use to buy these coins?
what would be the top of Bitcoin before capitulaion do you think, up to 4200 BTC? i expect a run on ETH this month
a double bottom with wick down to 2800 BTC would be perfect to gaining more quickly back up
I respect your analysis however you're treating this like and everyday stock. You're not taking into consideration the need due to liquidity, taxing situation of inflation Fiat. That crisis they are out of time to fix. XRP will be there saving grace.. bitcoin will rise with XRP
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Been keeping up with your videos here on YT.. Got in June 2017. Have experienced several crashes in that short time. One good thing the market has showed me is that it has shown me parts of myself I would have not known if I hadn't experienced the great suffering and joy from making and losing so much money.. Like Neo from the matrix in the oracles kitchen, it showed me "know thyself." The market has also gave me a unique perspective on how the world runs and how psychology is used to our gain and loss. I have come to understand and know the only way we can stay up on crypto without more lost, Is through trading. I made research on how I can make legit investment and how I could earn profit on bitcoin and came across a group I was added to get trading insights it members giving thanks and appreciation to a man name Eric Caruso who helped them made profit and newbies said accomplish there crypto dream by showing them how to make profit on tie own, So I sent Eric a message asking him for his help to recover my portfolio because I lost a lot from the crash and to Binance, He agreed and showed me all I needed to know to earn profit. It has been three weeks since I met Eric and got to know about his trading skills, I have made 8btc, If you’re looking for a way to recover your lost or increase your portfolio, You can reach out to Eric Caruso Via email/skype on ericcaruso66@gmailcom or WhatsApp : +447427159640 for crypto insights
The problem is in 2015 no one was expecting the price to drop to $157. Now everyone is expecting or at least are ready for the possibility that the price will drop to $2K. It would be great if we played by the book and could make a huge profit. But probably the outcome that we least excpet will play out! Good luck to everyone 🙂
i disagree, you don't even have good reasoning.
What alt-coins do you guys suggest? I'm looking to hold long term. Would love to pick up something for 10 cents and have it at 5,000 dollars or so in a few years lol
i dont understand, instant of speculation of past no one literally of all the YouTube people cant see the 2 bottoms that are in.ur a good dude kevin, we are out wave 3, we touched the black line and entered wave 4, when that happens we wont go lower we still are in the waves up and down up and down, remember when i told about the storm ? that happend.please look at it
Finally an upbeat video about btc! double bottom in the mid 2K range and with enough time to load more worthless fiat into the exchanges and setup buys……… fingers crossed!!
Bitcoin won't be the catalyst to start the bull run. Litecoin shot up well before BTC did in 2015. looks to be doing it again in 2019. You may be right, but if that's the case I would invest in other alt coins in top 10 right now and not BTC. RSI and Stoch RSI we have copied perfectly which would indicate on the contrary volume isn't the end all be all. So much is being bought over the counter. Just saying. Do like your assessment though
This guy sounds like kermit the frog
If the market cap breaks 140 billion and holds we can then say for sure the bottom has been and gone
Well said.
Like I said we already bottom
I agree! I’m gonna set some buys up for 2.5k, 2k and 1.5k! Woot woot
300,000 XLM, ZRX, BAT, ADA will be a life changer 😉
Kevin, have you looked at the 100 and 50 WMA crossover? If 2014 was to replicate then the bottom should happen by March not May.
We'll see, I'm good for now, ready for a move up. But if it drops to the 2000 levels I will be buying again.
It's a good perspective to keep in mind and very possible outcome. Either way in position for the next bull and I have reserves on the ready to pick up more on a capitulation if it was to occur. We always need to consider both scenarios, that's how traders advance in any market.
Awesome! Thanks!
Awesome bro more good news!
I think it is possible but in my opinion we will see capitulation in. march
You the man Kevin
We have already bottomed.