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    Warning: Bitcoin Is About To Do Something SCARY (Bearish Engulfing on 6 Month)



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    Warning: Bitcoin Is About To Do Something SCARY (Bearish Engulfing on 6 Month)

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    0:00 Intro
    1:09 6 Month Chart
    1:24 Bearish Engulfing2:54 Bullish Engulfing
    3:40 Gravestone Doji
    7:35 Yearly Chart
    8:45 Golden Zone
    9:18 Monthly RSI
    10:43 Bloodbath
    13:13 13.7k

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    View 42 Comments

    42 Comments

    1. Rick Maltbey on

      I love to hear your perspective you definitely seem like you know what you're doing Steve! I really appreciate videos like this to give us some sort of idea of what's potentially happening next.

    2. D T on

      I really wish you wouldn't repeat yourself so much in your videos – and not get to the point. All anyone wants to know is your opinion on whats coming next as a result of that 6 month engulfing candle. I had to keep forwarding again and again to FINALLY get your opinion. Kinda sleep inducing lol

    4. Learning Zone on

      Waiting is over now
      ..video uploaded
      .. literally checking for every 1 hour … Pls upload next video asap …It would be really helpful for us

    5. Jenny on

      I'm looking at 6-month charts. I've looked at multiple charts. I'm not seeing this bearish engulfing candle on the 6-month chart.

    6. Steve on

      Engulfing candles are extremely unreliable and from a probability stand point the more engulfing the less likely it is to be an actual reversal. Not saying Bitcoin won't go further down but an engulfing candle shouldn't be your reasoning.

    7. Capris on

      It's a bearish engulfing candle because it dipped way faster due to the recession and overall huge fear in the markets right now. I don't think it necessarily means it's gonna affect the very far future.

    8. Mario Crypto on

      MUCH Love…👊🏻
      You are an amazing person ….
      Going to look into you.. I’m a newbie .. so glad I’m on your platform …
      Thank you

    10. Saad Mahmood on

      Hi just saw your channel and subscribed to it however I wanted your advise if I bought btc at 21.400 should I sell it and buy it on the way down ?Or should I hold it

    18. Pawel on

      I think BTC significantly going lower and monthy RSI should be about 30 or lower. Trend on monthly RSI says WE ARE GOING DOWN. I found it before watching this video about 2 weeks ago as I check diffrent intervals too.

    20. CocoDave37 on

      Been signing in everyday in anticipation of this video. Sounds like the next one is "THE" one that will be a window to the next 1-2 years for crypto.

    27. Luís Seixas on

      Hm.. well, this could mean that we will have a recovery before the end of the year so we end up not closing like “never before”. It seems more probable to assume that. Why not that interpretation?

    28. toni g on

      You’re not taking into consideration the overall market and economic environment. You can’t ignore what’s going on with the fed.

    34. Sikandar Begg on

      Steve thanks for reading the comment box and keeping the request of your viewers. I have requested for showing the price bar in your charts, which you have implemented. Thanks for keeping the request Stay blessed. Love from India

    36. Aron Benson on

      Perhaps it means that the golden buying zone is going to be extended for months with further deeper wickdowns inside of it. This would play out the $10k – $14k scenario. Perhaps we won't see a new upside until 2023.

    37. Diego Colonia on

      In my option this is happening because alcoins have been taking bitcoin liquidity, back of that time there were not too many alcoins and people were most focus on bitcoin, now people focus most on alcoins because they have more upside potential than BTC

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