HUGE Pump on Bitcoin & ETH | Can They Still Rise Higher?? – BTC/CRYPTOCURRENCY TRADING ANALYSIS




This market trading analysis applies to various exchanges, including Bitmex and Binance. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space.

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36 Comments

  1. There are still no conformations of a bull run. In fact, this pump created a lower high for BTC. We are still in a bear triangle. The 50 day is still below the 200 on the yearly and the 6 month. Don’t fall for this pump until the indicators say different.

  2. The most popular questions now are, have we reached the bottom yet, have we reached capitulation already, when will bitcoin experience a persistent reversal to hit higher highs again? but in my most honest opinion, most crypto enthusiasts are completely missing it altogether. There is never "the perfect condition" to trade or make money off the digital assets. The goal is to start and then, double that portfolio pretty much everyday and sentiments either with the coin or token, or the company itself is a major limiting factor lately that will make a lot of people go crazy in grieve eventually. The formula for successfully making very good returns from crypto is simple enough. You need to be able to read and understand the news, predict future actions from the trends and charts, understand and know how to use technical analysis and of course, create a strategy with these combination set to fit the prevailing market condition. If you are not good in these, you definitely will keep losing money. Another consideration is the instability and speculative nature of bitcoin which makes it very unwise to keep your savings as a store of value but very smart to trade and grow irrespective of the prevailing market scenario. If you are not extremely good at these, you can still profit even more and consistently using the signals and strategies of an already expert trader. I personally use the trade patterns and signals of Wesley William and within just few weeks, i grew at an exponential rate of over 300%. My suggestion is you find a mentor like him and i am sure you would always do great with crypto

  3. Haha, the chart mind control worked. People did exactly what the flag pattern told them to, drive the price by the same amount as the flag pole. Now that we know there are chart obeyers out there with lots of capital we can reap the harvests like the banks do in forex. With no P/E ratio, the chart patterns are their masters.

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