BITCOIN ON THE WEEKLY! IS BITCOIN ABOUT TO CAPITULATE?!

14 Comments

1. So many peeps and traders waiting for that elusive bottom. Capitulation will be lightning fast, most will not catch it, due to the huge volume spike. Good luck on the ride. Thanks for the many insights Chris, way to go.

2. We may drop some, and at some point we will, but the bottom was in in December.

3. Btc will spike and go up end of week. Its not going down to 2k!!

4. Hi Chris, I believe your 800 / 1200 will be the bottom June, July, Aug and then slowly up to approx 8k end of year. 2020 / middle of the year new highs. I am looking to buy around 1500.

5. The problem with TA is that once you start learning and getting confident, you expect it to go one way and then it goes the other.

6. Remember this market is fully manipulated. Most people buy BTC to invest. I buy BTC to use everyday and invest, and if BTC drops to $1000 level, a lot of big guys in the gaming industry will lose money, and that certainly won't happen to them. I can't say for all cryptos but BTC is not like stock, and you can't treat it like stock. In my opinion, it has hit bottom, now people are very panic, it's time to buy. Either way thanks Chris!

7. When you throw out price ‘possibilities’ of dropping to $800 $1200 I’d love to be a buyer, yet, I’m seriously concerned about the ‘possibility’ the crypto’s have been hijacked; this market really changed when the big boys came in; big corruption in the exchanges, manipulation on steroids, trading more BTC daily in electronic blips (contracts) that exceed total BTC mined. I thought dollar-averaging buys of LTC in the $30s would help offset the $300 LTC I bought in the heart of that bearish engulfing candle? Yikes! $30K later and one has to wonder, ‘is this the Twilight Zone and they’re taking our crypto dollars to Zero?’ Hmmm, What the hell. I’m buying more IF they break that low to the downside. This is getting real ugly…

8. In my opinion the bull run will begin at the end of this year, in 2017 we did not have the capacity to sustain the bull run longer because the existing exchanges could not handle the volume of new investors trying to enter the market. I do understand that it was still overbought and a correction was inevitable. The market had almost no structure. Now with all the new infrastructure being put in place should eliminate most of that problem. In the meantime, market will continue to do what it has been doing. The smart investors are beginning to accumulate more bitcoin through Mr. Erik T. Schulz strategy and more will do so if we drop even lower. My guess is the bottom will be between 3.8- 4k Too much institutional investment occurring for the market not to recover soon. Feel free to contact Mr Erik for assistance, reach on Email *<<Eriktschulz@GMAIL. COM>>

9. very good video and I have to say I think BTC almost needs to break very low but I do not think it would stay at an extreme level for long. I would like to be able to pick up BTC at 1k give or take but I would still not risk using capital that is not expendable as this is a relatively young market with a lot of nervous hands

10. Great video Chris.

11. thanks for the update.

12. If the 1000 breaks.. I will max my credit card out. awww yeah

13. been sitting in tether since the last lower high, waiting for 3100 before buying bk in to my dear old LTC

14. No way, bottom is in, worst case, double bottom