Bitcoin Broke Bearish… AGAIN! Bitcoin At Crucial Decision Point! – Goldman Bullish On Bitcoin!




Check out the Cryptocurrency Technical Analysis Academy here: https://bit.ly/2EMS6nY

Check out the article mentioned at 7:12 here:
https://cointelegraph.com/news/sec-postpones-decision-on-three-bitcoin-etf-rule-change-proposals

Check out the article mentioned at 9:19 here:
https://www.coindesk.com/goldman-sachs-analysts-note-says-nows-a-good-time-to-buy-bitcoin

Bitcoin has seen some volatile shifts in prices in this downtrend. Bitcoin is at a decision point. The next few days are going to be critical for Bitcoin, if we see a continuing decrease in the price of Bitcoin, this could mean that another Bear market is upon us, while if we see an increase in prices, this could bring us yearly highs. What is the most likely scenario? What do the technicals say?
We also discuss some Crypto news about price predictions.

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21 Comments

  1. It's whales moving money. It's not organic. Better get used to it as TA is largely powerless to detect such things. They depend on things like this or that billionaire's jet refueling being delayed en route to authorise some transaction or wife catching a flu or the conference call laptop needing rebooting or reinstalling some app, etc. etc. similar nonsense. Until BTC gets more volume this is how it's going to be. The trick is not to pay too much attention and esp. not to read too much into it. Just stay within reason. Last but not least, whales are obviously aware that they can currently drive the price somewhat so they naturally do just that: lowering the price before buying. This appears to be legal, and so it's done.

  2. One more big whale splash and we’ll fill that Gap….But, I disagree that it would put us in a long bear market… I predict BTC will bounce off the bottom of that gap and moon shot to new ATH.

  3. I don't want to read or hear anything from Goldman Sachs even though I am not American, but they have done shit in the past with US citizens, manipulating the markets and so on… what they say is no serious information I am sorry. If you want to use this information try to look into what kind of strategy they have putting out this information, maybe it's like "ok let everyone buy bitcoin now, we will bring it down to a crash and have made major wins" something like that…

  4. I won't trust advise from Goldman Sachs at all. In fact, rather do the opposite, they do not want the average poor guy to grow wealth. Maybe they hope we invest in bitcoin and the price crash so they can swoop everyone's hard-earned investment for peanuts

  5. Reason why BTC is sinking? Because ANYOne who knows anything about investing and Goldman Sachs knows to do the total opposite of whatever GS says to do. They have a LONG history of not being trustworthy.

  6. As a long term investor I’m in at an avg price of 11k. Let it drop. I’ll buy more. Long term it’s a win.

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