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BAD NEWS Bitcoin Just Did This for FIRST TIME EVER
#bitcoin
27 Comments
When the US dollar is turned into a CBDC I expect to see Bitcoin make new highs never imagined before.
Bitcoin has never existed in a macro environment like this before Its always existed in QE. New territory for TA's future in a QT environment!
👏
Blood in streets!
So maybe bitcoin will just be good for determining Market direction in the near future but the volatility since its decreasing overtime more gains will be made in Alts and more trading will be done in the Alt market. Higher risk of course but if you want higher rewards you will need to look at trading in areas where there is more volatility.
Truth!
Steve thank you! You're the only one here that makes sense of it all based on the facts.
Men lie, women lie, Steve doesn't lie
Would you say Btc could have no new ath for the next 10 years? If btc falls a little bit further and your 5.3 theory is right… why someone should invest in btc and take that huge risk with low reward 🙁
i always look for the hair style … it seems bullish to me.
U can never predict how high or explosive btc will be in the future, as ftx destroyed it to the downside something else can explode it to the upside. None can admit where it tops off at bullrun top
Btc will never go higher than $52000 ever! And the lowest now could be $3800 bottom . Think Btc will start reaching $40000 from 2025.
That’s that’s a wrap boys. It’s been fun. ✌️
What now? Xrp that's what now…
Bitcoin and the rest of crypto market has never lived through an economic recession. To rely on the patterns of past cycles is dangerous.
"this time is different"
Because we finished our major bull cycle and now we are correcting the entire 12 year move would be my answer
Been almost completely wiped out since Celsius went down. Your videos keep me going. Thanks Steve!!!
Thanks Steve!
Or is this one Big Bullish Divergence?
@ 4:40 you mentioned bearish engulfing. that's only because a significant portion of $BTC run started in Spring 2020. by the time the 2021 candle started, $BTC was running out of stream. if the run started at beginning of candle, it'd be huge compared to the bear candle just like the previous 2 cycles.
so, it's just timing. kinda like how someone born the first week of September can start school, but someone born 2 WEEKS later has to wait 50 MORE WEEKS to start school. it's just rando timing.
eventually with this 5.3 theory, Bitcoin will stabilise like a stable coin value around $5K btween 2 to 4 years in time. The money as all been made on Bit…. if your not a millionaire by now? Then look to an altcoin like QNT or XMR
The problem with strictly chart analysis without looking to real time event causes that could affect the charts is like the blind leading the blind IMO
Man lie women lie, thanks Steve
so appreciate these videos
Full of good news ain’t you mate
I think it will be the end