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In this video, we discuss the bullish breakout that Bitcoin had. It broke bullish out of the falling wedge pattern it has been in for quite some time now. What does this mean for Bitcoin? Will Bitcoin ignore this breakout and continue falling? Or will Bitcoin moon? We discuss some Bitcoin price targets, and we discuss both long and short trades that could be made in today’s market, as well as some trading strategies that can help us be profitable.
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Funny
That's not a breakout, it's manipulation. Bitcoin will probably drop below $7000 by Monday.
so much noise about a clear manipulation. its all over YT now. Wedge broke into direction they wanted, TA does not count in that case. When a move is determined by market movers, we cannot guess the direction based on TA. They pump it or dump it as it suits them.
CEO of Bakkt (Kelly Loeffler) is just suddenly appointed by governor of Georgia to take his place in the senate until the end of the upcoming election.. Do a little digging, Kelly and Trump are good long time friends and also have MANY connections. (He has sent her to PGA events, and trump administration/Republican party got TONS of donations from them. .. OH YEA, btw, Kelly owns the NYSE…
It doesn't take a genius to see what is happening here.. Trump just got Wall ST. into the senate.
I'm officially scared for the suppression of bitcoins price :/
Wow, you are sharp! Great content and well delivered! I have recently signed up to subscribe. Debating joining up for paid content. No wallet address yet, but for exchange. What is your preferred wallet? Do you have a recommendation? I’m still risking all on my exchange… Coinsquare (Canada). Almost bought Ledger this Black Friday, but hesitated. This part is newer to me. Am I scaring you yet? Yes, I would prefer to not risk another exchange going down or being hacked. Anyway, I look forward to watching more of your channel. Thanks!
gonna fall to 6k and stay there till 2020.
bitcoin is going to dump!! and then pump lol
Comment suggestion ..what country has the most population invested in bitcoin..like the top ten….read somewhere united states has 10-12% of population invested in bitcoin ..thats somewhere around 30 million ..give or take .last year it was 7% of the population….alot of people assume its only united states..for bitcoin nd dont relize its worldwide…U.S. Plays a small fraction on the bitcoins present nd future acceptance…but can play a big role over time i believe
Jeb, you looked awsome with your a week ago hair style. Get that style again man.
No
THIS SHORT-TERM ANALYSIS WILL WIPE PEOPLE OUT IF THEY AREN'T AT THEIR DESKS READY TO REACT TO THE OBVIOUS MANIPULATION THAT IS PRESENTLY OCCURRING… I'LL EXPLAIN:
THE GIANT WICKS YOU ARE SEEING ARE SIGNS OF MANIPULATION JUST BEFORE MOVES OUT OF OBVIOUS PATTERNS; THESE ARE ALWAYS (FOR NOW) HAPPENING IN THE OPPOSITE DIRECTION RIGHT BEFORE/AFTER A BREAKOUT FROM THE PATTERN (FLAG, ET AL). THIS IS BEING DONE TO TRIGGER PEOPLE'S STOP-LOSS ORDERS SO THE PROS CAN GRAB YOUR SHARES/FUTURES OPTIONS.
BEWARE! IF YOU ARE NOT SITTING AT A DESK ALL DAY AND READY TO MAKE REALLY SHORT-TERM TRADES, THESE MANIPULATION MOVES COULD WIPE YOU OUT (THEY ARE DESIGNED TO STOP YOU OUT)!!
THE MASSIVE OVERHEAD RESISTANCE SMASHED THIS QUICK AND VICIOUS MOVE TODAY AND LEFT A LOT OF PEOPLE HOLDING THE BAG!!
DON'T GET FOOLED!! WE ARE IN A SERIOUS DOWNTREND (HUGE INVERSE CUP-WITH-HANDLE) — LOWER HIGHS AND LOWER LOWS… PERIOD!! WAIT UNTIL THERE IS A REAL CHANGE TO THIS PATTERN. OVERALL PRICE ACTION IS THE MOST IMPORTANT TECHNICAL INDICATOR TO FOLLOW!!!! BE CAREFUL!!!!
we hit 7800 because of manipulation.. and CME gap was 7800… we still in down trend,,
Pure manipulation. This price action means nothing. Start trading and TA with the futures charts. Bakt and CME are the worst thing for BTC. Exchanges "SO CALLED" getting hacked after being hit with big tax bills.Avoiding the tax man and taking on the government will only spell disaster for BTC. See you in the mid $4k
Aaaaaand …. its gone. Back in the wedge xD
You should flip the angle of the pictures so they look like they are outlining you instead of stabbing you in the head ;p. Good stuff, keep up the great work, Jebb!
I trade with cryptocurrencies with Mr Joseph Berg at very high interest rate of up to 100% profit.
You are way to bullish. Stay calm to not misslead your community! Be careful with how you choose your words 🙂
We’re going to go on a rally but we need a price action to stay above the 21 wma above 10000 to be back in bull run.
I look at yearly charts. BTC is still very much in trouble. Every pop is sold, and then oversold. And it wil really be oversold at $6000
An know we broke back down lol, stupid market.
Annnnnnd SPLAT!!!!
lol
NO. Already rolled over to where it pumped from. It is going down even more.
That wick run up is a suckers rally than candle has to be fixed and down we continue the blood will be evident real soon. Confusion is the name of the game!! The bottom is 5k and under there is a bunch of room and time for the market to make dreamers cry! 1k is on the table some of you might want to where diapers y'all will shit u pants when it flash crashes and parks below 5k. Nevertheless, Jebb I like the listen to your take on the market.
This volatility is crazy right now, right back to where it took off this morning. Is this a shake out?
Very clickbaity title dude
Jeb no. We are still extremely bearish
I think $25 a month is a great way to do this Jeb,
It's fair and a lot better than some of these other Psychos charging $200 a month or $1100 for a course.
Good Work,
Thank god I was accumulating! I have been day trading BTC, MATIC and ALGO over the last month and made a healthy profit. Watch out for these 3 in 2020. Algorands new 2.0 chain is a cryptography break through.
Weekly RSI oversold? It's only somewhere around 40. Can you explain?