The traders discuss bitcoin as it drops below $20,000. With CNBC’s Melissa Lee and the Fast Money traders, Guy Adami, Dan Nathan, Tim Seymour and Brian Kelly. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

    » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
    » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

    Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

    The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast

    Connect with CNBC News Online
    Get the latest news: http://www.cnbc.com/
    Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
    Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
    Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
    Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

    https://www.cnbc.com/select/best-credit-cards/

    #CNBC
    #CNBCTV

    42 Comments

    1. Recession is so bad it's going to be a depression. or when we don't have enough money to have a buy out for a company to save jobs and production… famine , wild fires, food cost slowly rising. and quality going down….

    2. < I respect your work mate. TA Is all well and good but I find It truly baffling that all major crypto youtubers just look at pure TA and completely ignore the bigger narrative of why BTC Is pumping and why the future outlook might not be as rosy as It seems. It's kinda irresponsible to Ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC.. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market.This Is the worst possible time in history to invest as so many don't back up their crypto assets…<The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first.. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals.more emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the Market..I have made over 3btc from day tradng with Scott Nathan, insights and signals. You can reach him on ͲeIєɠɾαm👉 scotnath1.

    3. Can you make a video explaining how beginners can make huge profit within a short period of time? I mean i was at a seminar and the host spoke about making well over $880,000 within 4months of investing $150,000 i just need to know how

    4. At this point, we should all take advantage of the dip. The fact is that NFT and BTC are the future of cryptocurrencies and the question most traders are asking is is this the right time to invest? I feel that those who would allow the dynamism of the market to determine when to trade or not are new to this space in general or probably just naive, the sphere has seen much worse times than this, enlightened traders continue to make good use of the dip and pump Even buying more shares for trading sessions, I would say more emphasis should be put on trading as it is much more profitable than holding. Trading was smooth for me as I was able to raise over 19 BTC when I started with 2 BTC in just 5 weeks of implementing trades with signals and insights from Thomas Fuller. I would advise everyone to trade their assets rather than holdl for a future they are unsure about.

    5. The amount of verified information you bring is tremendous.. <Bitcoin continues its wild swings between $19-23.5K the market dynamics of the last few days indicate that the whales are making some big transfers of bitcoin from one pocket to another. <Either this is an attitude of speculation in the range or whipping up froth to attract capital from retail investors who may feel that the low point has been passed. <Additionally, the 2022 volume profile is very thin, between $32-$37k if bulls want to send a message to the market that a new uptrend is about to begin, then they will need to push Bitcoin price to a daily close near $44k. <Macro factors are demanding further downside, as the impact of inflation and geopolitical strife is clearly felt on equities markets. Until BTC reclaims the key moving averages these are considered distribution rallies used to sell the rip or add to short positions…But whatever you lose in a macro downtrend, you'll gain multiples back in a macro uptrend. All you have to do is pay attention to the markets when they are ultra bearish. Everyone was super bullish on the markets, but now the markets start to correct, and the fear takes over, as a retail trader in these volatile times I keep profiting regardless of the market manipulation. <There might be so many investments out there but if profits must be considered, which is actually the sole aim of every Investment. I’ll advice you to go into crypto tradiing because it has higher profit returns. I was able to easily increase my portfolio in 7 weeks of trading with Mr Jason Eddie Wright daily signals growing 1.2 BTC to 3.5 BTC. His daily signals are very accurate and yields a great positive return on investment and is available to give assistance to anyone who love crypto trading, you can contact him for inquires and profitable trading systems on Telegram @JasonEWright ** for any crypto related issues

    6. You'll never make the kind of profit others are making on trading/investment options if you're too scared to take risks. With proper account management you can make $10,000 on weekly basis without fear of losing your money. It's 90% risk free, and you get to monitor your account progress from your home. Be fearless and start taking risks so you can change your financial status.

      DM Russell Rients if you're ready to take risks and interested in making huge profit weekly

    7. Many people get wealthy suddenly in the Crypto market, while others become destitute over a 20-year period and lose everything. Everyone has their own strategy, risk tolerance, and desired outcome.

    8. You'll never make the kind of profit others are making on trading/investment options if you're too scared to take risks. With proper account management you can make $10,000 on weekly basis without fear of losing your money. It's 90% risk free, and you get to monitor your account progress from your home. Be fearless and start taking risks so you can change your financial status.

      DM Russell Rients if you're ready to take risks and interested in making huge profit weekly

    9. Anyone who actually understands how these things work would know ETH is a SCAM, there is no way in hell their system can scale and handle the transaction speed needed for a usable product. This simply cannot work, time to dump ETH guys.

    10. Despite suffering severe sell-off in the face of uncertainties in the macro landscape<, BTC ebbing tide seems to be subsiding with key metrics suggesting the cryptocurrency is poised to come ahead. Ark invest recently pointed out the 200 weekly moving average, a key indicator that is signaling BTC could soon reclaim its lost glory. I buy and just trade long term more than ever, I have made over 7.5` btc from trading with Marie Freeman in few weeks this is one of the best medium to backup your assets incase it goes bearish.

    11. Bitcoin is not digital gold. You’ve got to be kidding! Bitcoin has no use case at all. It’s worthless junk. Not some institutions have it you see these idiots on CNBC trying to pump it up. Don’t buy into this crap. They need retail investors and retirees to buy it from them so they’re not holding the bag when bitcoin completely collapses.

    12. <I totally agree with what you are saying. I started crypto in August 2017, and I bought in. I was up 5x by December only to watch that disappear quickly and then watch the original investment go down by about 85% during the ensuing 4 year bear market. I took the opportunity to accumulate more over the last 4 years which was hard to do and at the same time a smart thing to do. I wish I had bought more. I have learned from youtubers and other expert traders especially my mentor Richard Harrison , who taught me how to make trade and increase my crypto from 11 to 27btc no one really knows what is going to happen 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….

    13. Great <info and insight as always. <Love the passion you have for your charts, <In as much I would like to add to what you have said here the market is in a tug of war with the bull at one side and the bears at the other end. Bitcoin price is currently displaying a throwback higher after breaking out and to the downside of a rising wedge, while the current move could retest 19k, investors should also pay close attention to $22.4k as another possible temporary upside target. From a technical perspective, as expected, the price might continue to move higher so this is a normal process and bitcoin is accumulating bullish tradng volume. My hope is that by the fourth quarter, the economy will be slowing enough that the Fed says we are going to pause, and then you will see the next crypto cycle start. I have witnessed the last 3 cycles and just before each bull run the amount of bear posts and negativity around crypto is just like it is now. Bitcoin is entering the area of where a bottom will be formed IMO. Please note this could take months and there will likely be further volatility in both directions. Despite the volatility that has ruled the market this year, being a retail trader in the crypto market and implementing strategies/signals from Expert Marshall Clinton a professional broker/tradr that has been my mentor, I have accumulated 15' btc with just 4btc in profits although the rates are capricious wiping out some of my profits, people who are open to learning from history, will survive It’s not that difficult. You can reach out to Mr Marshall on <ͲeIєɠɾαm his personal handle is @ Marshallclinton OR What'sapp✙19144550434 Cheers thank me later…

    14. Hello, Last night CNBC NEW was talking about how investors make people as millions. Do possibly have a list of the Green cryptos, I have XRP, ALGO, XLM, DAG and VRA (by the way what do you think of VRA and its utility use) I also have some BTC and ETH…

    15. Excellent video,i'm adding a bunch of stock to my current holdings for the long run,do you think these stocks are long term worthy,i've set aside $250k to begin and i'd love to avoid as many mistakes as i can..

    16. IT'S STRANGE HOW PEOPLE TALK ABOUT ALL THE PROFITS , THEY'VE BEEN MAKING THROUGH TRADING OF BITCOIN, WHILE AM HERE MAKING HUGE LOSES. PLEASE CAN SOMEONE PUT ME THROUGH ON THE RIGHT PATH OR AT LEAST ADVISE ME ON WHAT STRATEGY TO FOLLOW

    17. I totally consider mr john darry as the best expert trader for new investors he’s very reliable and competent when it comes to weekly profit making and ROI delivery

    18. BTC's price has been fluctuating lately, but I think we should be educating the newbies on what to do aside holding rather than discussing about the dip. The good thing about the space is that you can buy the dips and put them into active trades making profits from trades while confidently waiting for a pump in price because it is inevitable. Most people do not understand how the space works. Your advantage is understanding, Charts won't guarantee what an asset is going to do. Prices will go up or down. Nevertheless , the market has been so profitable despite price ups and down . I've always played safe implementing trades with insights and signals from a renowned trader Alex Gomez. I made 9.5 BTC from the recent crash in the market
      within a period of five weeks.

    19. If< you have been closely watching the crypto or even invested in it, chances are that you are wondering whether the latest bear cycle is over. The truth is that the market remains unpredictable especially in the long-term. Despite the heavy outflows, Bitcoin still managed to promptly recover, this recovery demonstrated Bitcoin’s strength despite being stress tested against highly volatile and unfavorable market conditions. Could this outcome be a sign that the market is ready for a bigger recovery? The obvious answers is yes despite how long it might take, it is very important to stay ahead of the market by trading with the right strategy and signals from a renowned trader,  Ryan Donalds. I made 9.3 BTC from the recent crash in the market within a period of six weeks.

    20. I respect your work mate. Do yourself and family a favor and stop stressing the day to day headlines, trade a small percentage of your portfolio rather than going in and out every week trying to time the market 👌trading went smooth for me, thanks to Bobby Lucas for his amazing skills for helping me to earn 7 Btc from 3 Btc in weeks through trading chart.

    21. I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

    22. 😀l am so happy my financial life has totally changed ever since I ventured into stock investment. Ive been earning over $18,000 dollars every single week.

    23. THE MARKETS STRUCTURE KEEP GOING DOWN, PERHAPS HUGE PROFITS IS BEEN MADE BY EXPERTS. HEARD THAT HOLDING AIN'T A SMART MOVE ON THE SHORT RUN. PLEASE ANY IDEA ON HOW TO MAKE BETTER PROFITS IN THE MARKET.

    24. Unfortunately crypto is just going to keep crashing until the stock market has bottomed. Blame it all on the Fed and the ridiculous amount- of free money. Crypto will moon next year so just hold or Trade.we could always ignore the market ups and downs and stay fully invested. Big thanks to Axel William for helping me earn over 12btc by implementing trade with his method and following his guide.His skills set is exceptional.

    Leave A Reply
    Share via