Bitcoin BREAKOUT: The FINAL STRETCH For BTC? — Here's Why




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.

https://t.me/forfliesgold
To join VIP, click on my name (@Forflies) at the bottom of Telegram posts and message me. This is the only way to join VIP.

LIKE + SUBSCRIBE!

Follow me on Twitter: https://twitter.com/sami_loyal

TradingView (where I chart BTC): https://tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=11710
Bitmex (for a discount on fees): https://www.bitmex.com/register/sk75q7

Books I recommend –
Technical Analysis of the Financial Markets:
US: https://amzn.to/2Dqezr3
UK: https://amzn.to/2Pnhbe0

Market Wizards:
US: https://amzn.to/2PCzLyF
UK: https://amzn.to/2od7v9q

I make YouTube videos on cryptocurrency news, crypto altcoin analysis, bitcoin trading strategies and a lot more. You’ll find a lot of videos on gems to invest in and learn how I’ve earned money using Bitcoin.

None of my Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB) videos – or any other cryptocurrency videos/online posts – count as financial advice. I am not liable for any losses you may incur when trading crypto, always do your own research (DYOR).

Business email: sami@cloudreachmedia.com

– Forflies

source

Recommended For You

About the Author: Forflies

32 Comments

  1. Let me know where you think we'll top out, IF you think we'll top out. Lets start a discussion in the replies.

    My free alerts: https://t.me/forfliesgold
    To join VIP, click on my name (@Forflies) at the bottom of Telegram posts and message me. This is the only way to join VIP.

  2. The only reasons I see for why bitcoin could blast through 6k and go higher : 1) Every analyst I follow thinks it will go back down 2) A shitload of people missed the 3.5k opportunity to buy and are hoping for a second chance 3) Bitcoin is very different now than it was even just a year ago. The Bitcoin markets have always been speculation about a product which was not technologically ready for mass adoption, now it is almost there (lightning network).

  3. Good stuff thanks ! We had a 5 month sideways before the pump, in 2015 it was 8 months. Either this time it has been faster or it will be much longer. I can't say that I am convinced either way.

  4. Ethereum I understand may have a lower inflation rate than bitcoin in the future – about a 2024- 2028 bitcoin inflation rate. This is what I understand.

  5. At 00:30, "Now that we've all-but-confirmed that we are going to see the 6000 level . . .", you say??? Heck no. You didn't mention the 50W MA. The BIGGEST resistance BTC has been battling all-day, today. Yes, in-part, it's the resistance from the November 2018 plunge (at 5523.77), but what's much more resistance than that is the 50W MA. As such, price action breaksdown from that 5500 (50W MA), falls (to anywhere between 4200 – 3200), then comes back and attacks 6000-6300, fails, falls again (not as far) and then blasts through 6000 and AWAAAAAAY WE GOOOOOOOOOOOOOOOO!!! 🙂

  6. BTC inching towards $100 billion market cap! Held above this level for a year previously! Great news re Łitecoin and Bitcoin being traded/tested on the NASDAQ.

    With UFC, Glory kickboxing, KPOP partnership, reward halvings and sanctioned remittances to Venezuala things looking good for ŁTC and BTC!

  7. when looking at the 6k range you should have zoomed out to catch the huge 6k bottom.. you skewed it with sideway channel info.. the vpvr would prob have been much lower if you zoomed out

  8. I will Join your V.I.P right now if you show me the Proof that your Long Position from 3800 is still opened .

    You have a deal on your hands ?

Comments are closed.