Bitcoin's Parabolic Uptrend | Why waiting for a 30% correction in 2019 may not work




#bitcoin #crypto #cryptocurrencies
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What are your thoughts on what we discussed? Are you waiting for a major correction or are you long this market? Feel free to leave a comment below! Thank you all so much for watching the video. If you enjoyed the video, please consider dropping a like, subscribing, and ringing the bell icon.

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32 Comments

  1. thanks great info , this market is NOW for institutions NOW to make huge , your at the big boy table NOW last chance to get a golden ticket willy wonka

  2. Great video, thanks. My strategy is dollar cost avg by placing buy orders which are 5% to 15% lower than the current price. Keep an eye on them and some times move them up when the market goes up. This works well for me.

  3. I had chainlink, a vey good trade indeed. Waiting for a correction to get back in. I don’t know if it’s going to happen, tho. About BTC, it went 123% above the 20 week moving average. Too much for the first leg, if we’re going to see the same behavior of the last cycle, when the highs were 50-65-85% above the avg, then pulling back to it. I hope it falls back into this predictable behavior. If it jumps now to 20k, who knows what the damned thing will do next? I don’t believe in daytrades but i’d like to get some good position trading. Not feasible at the moment.

  4. My overall buy average is 6246.$ and I buy all dips and consolidation like now. I bought at 11,400 a couple days ago. Maintaining a low buy average is easy if you accumulate over time. Its nice always being green.

  5. Your dada and outlook are accurate to what is actually happening with bitcoin. I don’t think a huge correction will be allowed by buyers.

  6. Datadash please check out Quant, they have a partnership with SIA, linking them directly with 570+ banks!

  7. I don't think it will drop below $10k. Its fallen twice and hasn't dipped below. I'm going to continue to buy regardless. If you believe in the long term future of Bitcoin its smart to buy positions as it moves up.

  8. seeing that on your chart ETH already had 4 buy in cycles! now having that said, how many cycles should it be able to give us before things turns the other way around? are we thinking its close now! or are we thinking these buy in cycles (correction cycles) are going to keep on for many more months to come. I think personally that a bear market can last for a such a long time, but the bull market is much more tighter in the time frame. looking at the Daily charts and weekly , we can surely tell if this thing is moving up or sideways. thanks for a great video.

  9. Energi's website might be one of the worst I've came across…. 10 minutes passed and still can't see where you can create an account. You have many options to sign in but not to create a new account. Pretty sad. Maybe they will see this comment or maybe I'm just dumb and can't seem to find it haha

  10. Hey Nick – Could you please do an interview with ICON team especially the CEO – Please for the mass

    Go Go #ICON #ICX

    I’m advertising you to ICON team – so that they can come on your show.

  11. it's true. if you're going to buy btc, why does it really matter if you buy it at 9.8k versus 9.4k? 400 dollars is insignificant compared to the price of btc. if it's 9k vs 10k, there is a conversation. but are you really going to stare at the charts with a limit order to try and save (in many cases) a few dollars? or just buy and set a stop and wait for huge moves?

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