Bitcoin Price: Don't get too excited yet!




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46 Comments

  1. Nice Review. Looks like a few whales initiated a dump this morning prior to ETH fork this Wednesday. Similar potential bull trap out of a symmetrical triangle, which occurred prior to the BCH fork debacle. However, will this retest of the triangle breakout hold or not? Will Fidelity launch their custodial trading platform in March or not? If they do launch in March, I'd think they would have ALREADY loaded up their liquidity bags at the lowest prices December thru February. If true, this dump could be limited to a pull back in the new bull market. Maybe we'll have more clarity by the end of this week.

  2. Exchange volume doesn't mean as much as it sounds like due to wash trading and local bitcoins volume means more than it sounds like because there is no wash trading going on.

  3. Mr. Kristof is one of my other favorites Sunny…I love both of you…my point would be that most of you have your great points but all have down side as well…To me Mister Kristof with his miners in the background is very impressive but all you take a breath…Bitcoin doesn t care if we humans make mistakes and disagree…it just keeps chugging along…we are all in this together!!!Keep up the Great work!!!!

  4. I miss the way you used to say "euphoric" : ) Thanks for all your work. You're one of my daily go to shows. Keep it up

  5. Good video and good information. I do want to address one thing. In my video I did address that localbitcoins alone isn't a great representation of the entire OTC market but I used it as an example because it's the only data we have. I also mentioned the fact that Bitfinex and OSL are two other examples. But the minimum with both of those OTC desk are $100,000 orders. So imagine being able to include that data into the cryptocurrency market cap. And remember that is only a FEW of many OTC trading desk.

    And to address one other thing, I did say MOST OTHER YouTubers are not talking about this. The truth is MOST OTHER YouTubers may have saw this and may have been aware of it. But aside from you and just a couple of other known cryptocurrency YouTubers, nobody else is talking about the relevance of the OTC market and the volume on localbitcoins.

    Again good video and good content.

  6. How much money have your listeners lost from your terrible advice? They must have a short memory when you were promoting ButConnect. Karma is gonna get all you shillers shilling lies that BTC is the real Bitcoin. You are a scammer artist, tell the truth for once. BSV is the real bitcoin and the only one that truly Is for the people.

  7. Sorry Sunny that was a bit unwarranted to take a jab at Mr. K!!! Is their some personal issue you have with him. Please state. I thought using localbitcoins was a good metric because I don't see the big whales ie.manipulators trading in coffee shops and Walmart parking lots. I believe it was the SEC that even stated there's too much manipulation in the markets. And you know if the SEC is saying something's manipulated then it really must be manipulated. You truly confounded me on this one but it's your Channel!

  8. ONLY BLIND NOOBS THINK ITS BULLRUN 🙂 EVERYBODY ELSE SEE SOOO MANY SOO MANY SIGNS OF BULLTRAP. Every possible indicators tells that, lowest shorts tells that, hopium in the air tells that too.
    You are NOT right about CME. They NOT going long. They doing the apposite of mainstreet – going short.

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