CAN WE TRUST THIS BITCOIN BOUNCE? THIS CHART REVEALS THE ANSWER!
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- čas přidán 20. 06. 2024
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Timestamps:
00:00 - Can we trust this bounce?
00:44 - Bitcoin analysis
03:31 - We have seen this before
05:42 - Key level to watch
06:33 - Beware this $2,400,000,000 move
07:19 - This is huge
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Orange box for president
I just realised that I have been watching your vids for years now. You do a vid just about every day. That is mind blowing! 🙏😎
You must be a millionaire by now🎉
What about the gravestone doji on the 2 month chart suggesting a multi month bear market?
90% is not a combination of 40% and 50% lol. Flip a coin twice and see you won’t be right 100% of the time
Stacco! Such a great amount of information thank you so much👍👍
Interesting with that fractal chart, if we have just put in wave 4, using a Fib-extension measuring wave 3 and the retrace of wave 4, a 1:1 extension puts wave 5 at $105,597
Thank you
50% chance we drop and then 40% we bounce on the lower support is not 90% sir.
Ref your fractal chart - would indicate we've hit top?
We haven’t reach the top yet.
crazy the comparation
💪🐂
The monthly US nonfarm payrolls are to be released today at 14.30 CET. If job additions beat expectation and unemployment remains at record lows, it will send the dollar and bond yields higher and equities and crypto lower. That said, an unwhelming employment report will provide a relief rally to equities and crypto. But, I still think the trend for both remains downwards.
Earnings season is winding down and all the big tech names have reported - that had been providng support to the SPX in recent weeks. Without that support, I would expect SPX and equity markets in general to fall further.
BTW - the S&P 500 monthly chart you showed indicates that we can expect another negative month in May following the five-month rally from Nov 2023 to March 2024. In actual fact, its support the sell in May thesis.
👀
ටෑන්ස් මේට්
I agree Chris, we are going to 120k - 150k plus in the long term. If you didn't prepare during the bear market lows, then these are the times to prepare.
OMG
If you zoom out on the daily chart, you can see that BTC is still clearly on the move down while you can see a turnaround on a daily basis. The quality of your predictions is strictly going downhill in times of huge corrections.
Next stop 83k
First
Crypto is the best future where people makes money and generate good returns.
72k 👆🔥🔥🔥
Thanks for the information and incredible amount of research to put this videos together .I had a great time listening to this especially the end with the mountains and valleys .displine and phychology are the most important things in trading and my advice to everyone is the key to be successful .
Trading in Bitcoin now is the wisest thing to do especially the beginners.
Most people think that trading in crypto is all about buying coins and leaving it to rise,come on it takes much analysis to be a successful crypto trader.
Trading without a professional guide,Huh it's very funny, because you will remain where you are or even make huge losses that will stop you from trading ,this has been one of the biggest problems to the new beginners .
Crypto has opened doors for global financial inclusion .it's time for more equitable world but it works very well when you have a good mentor who is nutuoring and guiding you too. it's very funny if you are doing it on your own alone because you gona learn on the hard way.
"Laak Davies"expertise is truly commendable .He has this skill of making complex crypto concepts easy to understand .
Without a doubt I never knew Laak Davies name had gone viral .I decided to back up my assets and property with her when we met at a conference "Laak Davies" he's very good.
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. "Missing the train" vs. "losing your money". There are a lot of train's, but if your money is gone, it's over.
chris look at past chart. this is an interesting pattern not 100 percent proof. but if you look at when the EU spot btc etf launched it was folowed by an imidiate pull back to big major support levels. then followed by 90+ oercent pump. then USA BTC spot etf launched at it followed by a pull back to major support levels followd by a 90+ percent pump. now Honkong etf has launched it was followed by anm imidiate correction yo major support levels. now will this follow up with a 90+ percent pump aswell? if history repeats? the only question is it this major suport o next major support thats the buttom. just an interesting patter i observed.
youll probably not see this but to any one reading this is not a certain 100 percent thing this is purely a pattern i observed that had repeated. nothing more. not a gurantee or a fact this will indeed happen just an interesting thought. cause much of the same fud and fear also aplies to every single time an etf has launched.
orange box, orange line, i said this, i said that, orange line again, then this will happen, then orange box
If Sovereign Funds and Institutional investors get in, we might just go up without too many corrections as Bitcoin will get increasingly scarce.
I did see a report that mining 1 Btc now cost a miner $53k now and they won’t be selling for any cheaper than that so that should be Btc new low. Kindve makes sense.
It means we are going lower, The big institutions wants to buy at a favorable price. USA ETF launced - down 20%. Hongkong ETF launched (The one we are currently in ) 25% down so far
No it doesn’t, not even the experts know, so why listen to you? Go back to school little boy
How are you gonna say the massive pump is mainly retail? Lol, it was 90% etf providers as we can see from the inflows and outflows
yes but retail also buys the ETFs
Etf is for retail lmao. Companies buy etf for their customers demand
@@iSmokey-fq1kb yeah so those customers aren't retail?
@@iSmokey-fq1kb cuz I can go on Robinhood and buy shares of IBIT right now. Is that not considered retail?
Appreciate your daily video. However you don’t tell your trades . This for me tells me this is just video earnings you get from these videos. Just like to say you do not really teach. Just a commentary
I really like the videos from this guy. He is really good. But recently I read a comment from someone in the LuxAlgo Discord channel who said: "A profitable trader does not have the need to become a CZcamsr. Most of trading CZcamsrs are profitable because of their videos and not because of their trades". This has helped me to remember that is always better to take every piece of information with a grain of salt.
Bull market is back so do $dexa coin
you can trust BTC like you can trust a wet fart...
i am going to talk about, i'm going to talk about, i am going to talk about, talk about shi*
People spamming here with fake "chris" accounts are so funny 😂😂
P.S Chris, if you want i will share with you some predictions over your mail, but only if you like it with this account you upload videos. But please don't share it.
bull trap set sell short liquidated any time soon btc back to 55 k same with meme shiba pepe bonk crash again😢😢😢😢😢😢😢😢😢
Bitcoin &Litecoin are lifeboats as the inflationary tide comes in. A rising tide lifts all ships... ⛵️⛴🛳
Retirement funds and savings may well become a target 🕺 to pay for some of the consequences of the present wars ⚔️ and crises.