The Bitcoin bottom is probably close, but…stock market, fed raising interest rates, and increasing fear through this summer could really prolong the consistent trend BTC price has enjoyed for its entire history of trading.
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28 Comments
Thanks for watching!
He's got a point. Btc is down well below 200 week MA and might even go down a bit further, so right now is probably not a good time to buy/DCA. Better to wait until the price goes back up before buying…
Did the hard fork get delayed?
<Always good to hear your thoughtful and logical analysis. So a Dead Cat Bounce is sorta that 1 small surge when it hits "a" bottom, but after it comes back down, it settles into a new lower bottom? Because i think I remember the term. As traders we can still make good money 😀,I trade with Bobby Lucas, his skills set is exceptional. I am already growing my 2.2 btc to 9.4 btc.
Mid term elections can play a role in the Fed slowing/stopping rate hikes.. maybe.
My guess, BTC bottom is $12K.
Awesome video very educational thank you for all the hard work and knowledge you bring everyday 🏆
please just stop already man you have wrecked so many people with your bad TA over the last year…please for the love of God just stop!
crypto ought to be a protection against inflation. the fact that prices correlate with stocks just shows humanity doesn't understand the purpose and value of crypto.
Thank you for your videos mate.< BTC shows us that when he wakes up he knows how to do it and destroy all the bears!! Never go against the trends on cryptos, even less put levers, it is about the immediate sanction as soon as you turn your back, now anyone who has been in the crypto space for the last 6 or more years certainly knows about the cycle structure, every 4 yearsBTC goes through a halving even where the amount of Bitcoin that is mined is cut half. Well, the block reward is cut in half. this cause huge price spikes every 4 yrs because it create a supply and demand crisis that can't be priced in until it's a reality. >but all thanks to Shlomi Gray who taught me how to make trade and increased my Crypto from 2.5 to 10BTC now. No one really knows what is going to happen in the market and I know you are only saying what you think will happen based on the past. It is yours and my opinion so people should make their own Investment choices based on their own research.
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Dan! I love the hat. where did you get it?
Great stream, as always. I appreciate the level-headed approach you take to the news and the markets. A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because Michael Christensen got me cover as I am comfortably making 3.1B T C monthly..
Thank you Dan. I really liked this one… very logical and objective …
$BTC $JASMY 100x🔥🔥🔥🔥🔥
thanks for selling me some hopium
Let's just say cpi is worse next month…. 8.6 to 8.7, which would in turn raise the interest rate perhaps 100 basis points. Would the macro environment be too much of a force for btc find a bottom?
Thank You Sir.
Dan the comedian 😂
12k next stop .
Do you have a Chainlink opinion
Btc has bottomed. 17.5k double bottom possible. But otherwise it’s over…entering the doldrums where DCA wins 🙂
"Next 1000X coin MetaUFO, TG MetaUFO_7h
perfect
We might be stuck in that box for a bit. Maybe some nice trades for the summer?
Let's be real – there is no real purpose for crypto – do you ever see any financial institutions (not crypto) really implement this garbage – it's just a Ponzo scheme (it's real value is nothing) – wait til we have a 2008 stock crash (then you will see the real value of crypto)
Crypto has had several of its own black swans, so in that sense, the price has already been crushed. There likely is more downside risk, but the worst of it likely is already in. I am looking for that bounce though.
FJB
Why isn’t nobody talking about the cme gap around 9,800 ? I think that’s the bottom