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. Summer bull run. We will break 6k before the end of April. Bull run will peak out in July some time a bit over 10k. Take profit at 10k as we dip back to 5-6k from August to October this year. Bull run phase 2 will begin at the end of October this year. Prepare for another epic Christmas bull run.

  2. You have great TA, however big picture shows we "should" repeat history and pull back harder. It is possible we can test the 200 in mid May. Lets see what happens. Panic will allow people to sell right through the cloud.

  3. Reminder! Next 'round' of Litecoin and Bitcoin halvings begins 2019 – continues into 2020 – mining reward is halved leading to less new Litecoin and Bitcoin entering the market leading to upward pressure on price. Last 2015 Litecoin halving signified the beginnings of 2015 – 2017 price surge!

  4. ‪The Efin tokensale has begun ?‬


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  5. For anybody starting out in crypto trading (got a coinbase account, considering next step?), watch lots of Forflies previous videos, get setup on tradingview, learn to spot support and resistance, join Forflies gold telegraph channel and get a bitmex account.

    All this is easier than joining Coinbase, and will give you a much better chance of making money buying and holding.

    Just do these things, be cautious. On bitmex don’t be tempted by x25+, you don’t know enough! Play with a small percentage of your investment, learn when is best to trade (do not find yourself overtrading, it is easy to fall into this trap!).

    And once you’re earning, and you know you could earn much more with additional brain power, you know Forflies and his VIP group is the best place to turn. I’m still only 75% there, but can’t wait to graduate to the big league.

  6. Ive just joined in the group. I like your videos. Your calm easy listening. Good analysis I’m not holding anything atm. I think more red candles are due. I will only buy back in at sideways action ?

  7. What are you on about? the head and shoulder's didn't play out at all. Target for ETH not BTC like your mentioning was 180 ETH.

  8. Forflies, you are one of the best, I won’t deny it. I know you chat with Kirby. Sticking to traditional TA is a clean way to win in real time. But when it comes to understanding the “why” or forecasting a little bit further than 3-7 days outside that green cloud, you really need to scroll hard left. Of course it’s never going to mirror… but there’s an undeniable “rhythm”. You said it yourself you’re always learning. This bear market break into a bull market and the way it plays out in the end, will be a teaching moment. It’s ok if traditional TA is cross referenced with past performance occasionally.

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