BITCOIN REJECTED! Is Bitcoin Headed Back To $8,876??

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In today’s video, we discuss how Bitcoin has rejected off of $10,000. What does this mean for Bitcoin? Will Bitcoin continue lower? Or was this just consolidation, and will Bitcoin move further to the upside? We discuss this, as well as some analysis on Altcoins in today’s video.

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44 Comments

  1. Below are affiliate links. They all benefit YOU if you sign up, while helping to support the channel. I use and recommend ALL of these products and services.

    v AFFILIATE LINKS v

    Save 84% at https://nordvpn.org/cryptojebb or use a code cryptojebb & get two amazing gifts: 4 extra months with the 3-year plan and the NordLocker file encryption app for free!

    NordVPN: https://nordvpn.org/cryptojebb

    Ledger has the best hardware wallets on the market, and are the only brand I trust to store my Bitcoin

    Ledger: https://shop.ledger.com/?r=fa0fa8a631e4

    Sign up with this link and when you upgrade to a paid plan, you will receive $30

    Tradingview: https://www.tradingview.com/gopro/?share_your_love=HiddenDragon

    Sign up for Coinbase and get $10 worth of Bitcoin to start investing!

    Coinbase: https://bit.ly/2XJeNml

    Sign up with my link and get 5% back on your trading fees!

    Binance: https://www.binance.com/en/register?ref=NR0QLU6B

  2. Hi Jebb.. I from Australia. What you video every night at bloody midnite. Never mind. Please comment on Bitcoin cash. Has not retraced like most of the coins. Must have a lot of underling strength with it.. what could this mean in the future. Check out its chart Jebb. Cheers Graham

  3. Jebb, I absolutely love the contents of your videos and your TA is spot on most of the times as well. To be honest, the one thing I hate is the way you start your videos with the "Hey guys, whats going on" shout. Maybe if it was lower pitched, less loud, it would be acceptable, but this way is soooooo corny. I know you want a "signature" sing-in and sign out, but this one is terrible. Something more "modest", friendly or low-key would be much more appropriate to your great content. I hope you take it constructively as it does not mean to be an offence.

  4. Again not good TA. The rising wedge didn't break bullish, your upper trend line was wrong. You drew it that way to incorporate candle touches around 6/7 Feb, but they weren't the pivot point and just part of continuation from 4 Feb. Easiest way to tell is each candle has a higher high up to 10 Feb on the daily, which is the pivot for pull back inside rising wedge. If you're going to sell a TA course you'd want to get these basics right.

  5. We are bullish, but breaking through 10k is like ramming a locked door. If we have been rallying quiet nicely before this we need proper momentum to punch through which means a correction before 10k(which hasn't happened). Its like saying we have ran 10km's and we are a winded. Once consolidation occurs and a breather can be made, momentum can be gained and the bulls will punch through.

  6. My logic is a retracement is probable. Please have a look at the line chart on the daily, there are 15 green candles since the last red. Mmmm, I believe a retracement; hopefully, a short one is going to happen sometime soon. I agree with you, we need to be ready for both. If today ends on a bearish engulfing, then I think it has started. Let's see. Nice video.

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