Is Bitcoin's Drop Taking it Down to 3K by 2020?




Is bitcoin’s drop taking it down to 3k by 2020? Is it possible that the bull market is now over and the bear market is in full force? We look at the charts. #Bitcoin #BTCUSD #AlessioRastani

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26 Comments

  1. I don't use the moving averages, but do use volume and volatility. My analysis leads me to think prices will reach down to 4 5,000, since there is still far more supply than demand. As in a previous video of yours, you mentioned a drop in volatility and that is exactly what we need to see at a major low as that will confirm a settling at such a level as 4 5,000. We don't see that yet! At that level, a surge of hidden buying will happen prior to any major move up, it always does! When the hidden buying is finished, then it will go higher! This is the little signpost, but it is often big!

  2. 2 year bear market bottoming out at 3k in 2022……peaking at 8k in 2025. What realistic event will give rise to a BTC recovery? Truth is, no one cares about BTC these days because we understand it doesn't do enough.

  3. Hey Alessio! Thank you for a great video content. What about monthly 21 EMA? It is now resting slightly above this line and we gonna close the monthly candle in few days.

  4. You may never realize how helpful you have been. I needed help, and you were there at exactly the right time in the right way… Thank you so much SatoNaka +12084954021

  5. Clickbait FUD , falling to 3k ?
    Remember btc has higher lows each year bar 2015 , so it's very unlikely a 3k bottom again, Anything above is possible , I think
    You only create FUD for your own trading benefits, as you know bitcoin has been in a continuous macroeconomics bull run for the last 11 years

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