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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– Forflies
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Top notch TA skills keep on grooving. Thanks for leaving out all the FUD and really serving up the meat and potatoes mate!
this guy is an entertaining conman
Are we going to 10000k now?
Can you adjust the NVT so it reads better ?
the nvt signal is not when it turns red, the bearish momentum takes place when the red breaks the exponential MA. so now you can use it since you know how to read it now!
More adoption means more value
yeah you did say if we break 6k we'll be entering bull market (I mean who doesn't know that already?!) but you were also saying the bear market's gonna last six years so I don't really think all this is starting to coincide with what you've been saying, the way you claim.
All you retards think price is based on some shapes/pictures on a chart. NOVICE
so useful thank you Sami. just one question what are the best indicators for short term analysis in your opinion? by short I mean minutes not even hours
Feе bitcоins gо to my сhannel
Golden cross fakeout 100% bet
You must use the NVT in conjunction with other signals to know where the drop will actually happen . Krowns crypto cave shows this very well in 1 or more of his bids ?
People are desperate for a 1k btc, even tony vay literally said he hopes for a 1k btc. Doesn’t really sound emotionless.
Why so expensive vip ?
At 16:35 you said, "Yes, the bear market is technically over . . .", but it's not. The bear market is over after the golden cross (on the Daily chart) and when price action is above the 200 – two conjunctive requirements for any bear market to be over.
First time here,good to here different angle on bitcoin ??
if the obvious golden cross arrives tomorrow, which it will, WHY are people not buying today?…it will not be cheaper tomorrow if the golden cross is such a big deal..
Dude youre not reading the nvt right. It becoming red is only the first warning only when it crosses the nvt ma to the downside its the sell signal. When you fuckin talk like you know it all at least make sure that you actually know what tf you talking about instead of giving misinformation
Subscribe. And like. Thanks for sharing man
Great vid, really appreciate all your work
Thanks for your NVT exposè. ?
We are not technically out of the bear market !!!
I'm shorting. Bit will Boom. Not now
The trick seems to be adjusting the settings for that NVT…
Best video I've seen you put out. Thanks!
To use the NVT properly you have to pay attention to it when it starts blinking red but It doesn't mean sell when it blinks red it's just warning you that the asset is starting to top out. A sell signal comes when it's red and also crosses below its moving average line. When it starts dipping below that moving average line it has always signaled big dumps for bitcoin.
To me, indicators are so unreliable. Honestly, for so long I've been looking for someone to talk the truth on indicators. Indicators are by definition lagging; therefore for putting any weight into them is problematic at best.
Hm i guess you did miss a thing with the NVT. The explanation of it tells uns to sell when it breaks the trendline you have do draw on it first but not only when the indicator turns red. This break was about 16k
NVT to me just needs to be used with a basket of others. Daily RSI will give a bearish divergence in its next pump and the slope playing out for the last 4 months is running out of road. And this 6k resistance! Wow
How about that? Golden cross on Easter.
You should say something in the next video about the NVT signal in Bitcoin which is signalling a sellof and it never lied since 2011. It shows exactly every time where to sell and by BTC on the daily chart.
Scary thing is the market will fool 90% of us
I'm here only for your analogies ?
Nice analysis, but try to find out some specific indicator, so that we can surely said that now we are totally bullish or totally bearish. Thanks.
Which NVT indicator was used in this video?
typically the institutional traders will sell into the golden cross as it approaches because they know lesser skilled retail investors will FOMO into it, with that being said the golden cross is going to happen. I'm currently all cash with buy orders for both the up and downside because there is so many contradicting indicators. There is a big move coming, Happy trading!
I went to dinner last night. We had some chips, and I said ya, I'll buy the dip!
The bullish market is taking us to 13k and the bearish market is taking us to 7.8k…. so we are still going up even if you still believe on the bear market.
Friendly tip Forflies. The swearing makes u sound like a teenager. Brings down the tone of your videos. Your TA is on point as-ever., keep it up fella.
Great TA, i've been a subscriber for a long time and i saw your interview with those "moon boys"(I forgot their names), it would cool if you did more stuff like that and maybe eventually get into a live stream with tone vays.
Very good TA. I watched today NVT too.
I don't belive that main resistance could be broken on first try. Chance is minimal.
thanks for your insights! and everyone in this space! we shall be the wolves in whatever market with the right TA
Do I also see a massive c&h forming?
I can see a pull back to 4500-4200! When we hit 5600-5800 Im taking a lot of profits!
Daily is still bullish! Not worried yet
If you think we are gonna see a '' explosive '' move to the downside is delusional. It's been a 14 month bearmarket, the big bears have dumped for months on end, their steam has clearly has run out by example of this medium term bullrun shown in the charts. BTC right now is like a baloon being pushed under water, the true value is at sea level. Once the bears can't hold the pressure anymore the buyers ( Air in this case ) will drift up up and launch it from sealevel only to fall back down again to test previous highs.
Bitcoin trader and his Thai girlfriend got caught and will receive a dead sentence
The NVT is first telling to sell when the MA crosses 95% of times, all other is just telling you it is overbought, so that the NVT signals red is NO=dump in price at that moment, thats what you are missing out 😉
I think the communities general consensus is bullish. Let's hope so, lol.
This move is completely different than 2015. This move is acting like it's ready to cut right through the weekly ema ribbon, then it will move back to the 20 wma which will start acting like support. So a move up to $6800, a correction back to $5300 then up to $6000+, then higher lows and higher highs for the next 2+ years until another blow off top in the hundreds of thousands. This bump and run pattern is completely different than the expanded flat consolidation move for many months in 2015.
Very informative ??