Bitcoin TA: Warning Signs For Bitcoin! – Constantinople Hardfork Today!

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In this video we do some Bitcoin TA, and discuss the potential bullish and bearish scenarios for Bitcoin in the coming days. We look at multiple Bitcoin indicators, and do thorough multi-interval Bitcoin technical analysis to make a bitcoin prediction for the next few days. Following that, we discuss the Ethereum Constantinople Hardfork, and discuss security concerns regarding hardforks such as Constantinople and St.Petersburg.

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  1. XRP has unique properties and a special use case that does not fit into the traditional cryptocurrency paradigm. The majority of the currency is controlled by the Ripple Foundation and while they absolutely have the option to sell of their share for a quick profit, this goes against the goals of the organization and their mission. One thing I am not certain of is why the cryptocurrency is allowed in exchanges in the first place but nevertheless, I am enjoying the proceeds I make from trading XRP. Because the Ripple organization is such a heavy holder of XRP with unknown goals, it’s highly speculative on how the cryptocurrency is going to be valued in the years to come. Here’s another way to think about XRP: Ripple owns the vast majority of the XRP (over 60% of the supply). They can decide to cash in on the value, or completely devalue the market by flooding it with cheap XRP. At this point, we don’t know what they’ll do with this high valuation, but regardless, you are at the whim of a powerful 3rd party with uncertain goals. And more importantly, they’re telling you the currency is not good for speculation. Ripple (the company) does not promote XRP as a speculative investment so the best thing which sadly most people don’t realize now is xrp is meant for immediate transactions and gains from trading and not for long term holding as a store of value. I have taken advantage of this for more than 3 months already having traded with Mr Eric Caruso's signal and strategies which has seen me make over 400% in return on investments. For the sake of beginners and even advanced traders who are not making consistent profit, you can reach him with all your inquiries by WhatsApp +447427159640. Eric is in my opinion one of the best strategist, adviser and signal provider in the crypto business today. Trust me, you are better off trading and making good returns now than holding onto what most likely would burn you tomorrow

  2. Hello everyone, Bitcoin is currently my most favorite thing and i completely love the technology behind it out of which has spewed several other coins. I know its quite unclear for many how lucrative bitcoin is currently as most people have lost several thousands of dollars already in holding their coins. In my case, i have earned thousands by following a less talked about approach which is trading. Trading is less affected by the speculative and unpredictable nature of cryptocurrency and with the right techniques and expertise, you can easily earn so much when others are actually making loses in an unstable market. There are several ways to make consistent profit but the safest and easiest from my personal experience would be using the guidance, signals and already proven trade strategies of a successful trader. Quite a few of them but my favorite would always remain Ulrich Faerber. I was able to easily triple my portfolio in just 3 weeks of trading with him. It would be only fair for me not to hide such a gem in the space. You can reach him via: Ulrichfaerber77 @ gmailcom and ask him pretty much anything about trading and how he can help you become a better and more profitable trading of cryptocurrency. The best part of it all is his system is really easy to implement and i have learnt a lot already from him.

  3. The 25, 50 and100 day moving averages and the EMA ribbon on the daily chart is what is supporting BTC right now with the uptrend line dating back to the 8th. The 4 hour EMA chart alone is what is causing the down pressure. Longer term chart indicators are stronger than shorter term.

    I'm having a hard time understanding how that 4 hour EMA ribbon could possibly over take the daily ribbon, moving averages and uptrend line by itself. I simply do not believe it will. It tried and we came back up very quickly, as indicated in this video. I believe we'll see a move back up to the 4200 area to test the heavy resistance in that are as well as the massive descending resistance line dating back to Jan of last year before we possibly see another dip to the 3350 range…if at all.

    Unless we see a massive intake of manual sell volume, the bots trading on chart indicators and the 4 hour EMA ribbon simply can't drop the price with all the underlying support right now…it's just not going to happen.

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