Bitcoin Falling! Bitcoin Rally Over? New Bullish Pattern?

25 Comments

1. Bitcoin will down 1500 to 2000 before 20 January 2019 ,,, and u can see the bull run by June 2019 and the target set for bitcoin is25000 dollars

2. Bro it’s not an inverse H S pattern. Because the shoulders need to line up absolutely horizontal

3. my background is I trade a lot of speculatives in emerging markets ( past 20 years) and BTC parabolic moves is no different really.

   my other theory is towards the bottom extreme it is supposed to get faster and faster!! it typically doesn't dilly dally at 3K for a month then go to 1K, lols.. if we will go to 1k to1.9K as final bottoms, it should be quick enough from the totality of a 6K-5.8K breakdown, – otherwise I will start scratching off a capitulation bottom below 3K if we over stay here. so far its holding with a reverse H&S

   the 3,150 bottom touching 200 day weekly MA for now is my bottom, unless I see something, some price action that contradicts it. .. but I still have some spare bullets for 1.9K jsut in case, but next two to three weeks will say a lot

4. your first 40 seconds is exactly how one should look at it short term great perspectives.. short and long term!!

5. You rock Jebb big ups.

6. Thanks

7. We are going to test 5200 before 2019.

8. lol Jeb you can't just say you see head and shoulders and make it true.. you prolly could stare at any cloud and see a dragon. It's not there JEB! More like a downward wedge .. market is still bear.

9. My prediction 2019 January bitcoin will go down to 2500 and then for the rest of the year it will rally up to 100,000

10. its a head and shoulders without a head sure buddy 17 k subs smh never take advice on investing on you tube guys

11. 3.2k is the bottom, traders will learn from history. Who do you think will at at 3k again ?

12. My assumption is we are in Wave 2 of elliotes wave theroy somwhere inbetween B&C. We have caught support on the 4hr 200 MA for right now at 3.7k but i think we will double top short term at 3.9k. Test down to 3.6-3.5k at the absolute lowest(to maintain the trend) with bullish divergence on the 4hr RSI, retest the 200 day moving average. Once that is broken it should set up the run to complete the shoulder. Sparking the 3rd wave once 4.25k is broken and with any luck make it above 4.8k and with litlle resistnece past that, onward to complete the third most powerful wave. Consolidate one more time on wave 4, finish the 5th wave somewhere close to market structure. Hopium will be through the roof, indicatiors will scream correction, moon boys will scream bull run and all hell will break loose again retesting the 200 Weekly moving average. All hope is lost and Bitcoin is named dead. Then you re-enter.

13. Nope

14. So you don't think we will get the historical January drop??

15. I'm not into shoulders. I dig the other though. Lol.

16. All in on External token!! Lol. Just kidding.

17. Looks like a textbook inverse head and shoulders. I still think it's gonna go to around 6k, to then retest 3k, and then go sideways for a long period, to then start moving up again. I think we've hit the bottom. And the reason I think that is because this pattern is almost 1:1 with what happened when Bitcoin bottomed out around 20-23rd of Jan 2015. Even the MACD is almost identical.

18. Why are you only talking about an inverse head and shoulder and not a new descending triangle?

19. I believe the "whales" do TA too, and will sell off the head-and-shoulders pattern. I think we'll be following the 2014 BTC chart

20. "I have to be careful how I draw this, as some of your minds are in the gutter" – it wasn't, but now it is!

21. im getting tesler scam ads on your video bro

22. Retest 3k

23. Hi please time say , when , can't see?

24. Can't see

25. Hi jebb