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BITCOIN JUST HAD THIS MONTHLY CROSS (BUCKLE UP)
#bitcoin
33 Comments
Steve always makes it very clear. I always make some notes after each CCU video and try to review the content by myself on charts, it's a good practice to solidify new knowledge and practice of indicators. Steve, we could have this as a section in FFA. Link to a CCU YouTube video and a brief summary of the video with some homework as always.
Curveball
Damn blockchain backer gonna be wrong….theres no dropping then going to new all time highs its different stock market will die this time and bitcoin will crash to 3k
Fakeout like 2015 i hope because we are past the 2019 scenario according to blockchain backer….im watching both u guys 😅
I thought we where in fase 1 of the new bull. 🫣 facts lie?
Great job Steve as always 👏
Cheers 👍
steve is too much of a moon boy, different market dynamics at play now Steve
why dont you cover other facts using fib retracements from last market low to the next market ath? The .886 is 10k Steve lol
What is his base price at for worst case scenario? Is it at 15K?
How low eth go
As always, thank you Steve 🙏
Steve , would you consider doing a show about some of the altcoins
BTC will go back to $8K
I just want dove to go to 3 cents then sell at 50 cents to a dollar in the bull. Also etc down to 10 bucks sell at 300
Data points: starting price exactly 1 yr b4 the last 3 halvenings BTC went up 400% in 2012, 100% in 2016, 75% in 2020. 27.4k was the price 1 year before the projected 2024 halvening and we are only 190 days away. There is no runway for taking 200 more days to retest the base and continue building support – unless BTC does something BRAND NEW and has a lower price at halvening than it did exactly 1 year prior.
I started accumulating at 19K. I'm in no hurry. I DCA every week and don't care about the short term events. But I do like learning from you.
I guess you have a signal for a major move up and also a signal for a major move down.. every week a new one of these videos..
To make a short story long…
I like that the blue line is not falling as steeply as the previous crosses and is now trying to level off for a possible cross upward.
Also, Bitcoin followed a consistent 12 year upward channel which was broken heavily to the downside after 2021. Could it be that Bitcoin has now begun trading inside a new channel that is less steep than the previous one? If that is the case, then perhaps 80 on the Stochastic is no longer the key level to watch, but somewhere in the low 70's instead.
🤔 Unfortunately, if this is in fact a new trajectory, all of the familiar patterns we've been following for the past 12 years might need readjustment… of course we won't know until we're further into the future as more data comes in. I guess for now we'll have to follow previous history until proven wrong.
Sorry for the rant.
Loooove your content.
100% trust in your analysis.
👍🤟🖖
Thanks Steve. I hope when I sold my bitcoins at 29k that turns out to be a good call. Thanks for your charts. I will be buying heavily if we go below 20K
It will never drop below 20,000 ever again!!!
What is the base?
Scary times but keeping level headed thanks Steve for the facts 💯 👍
going down…with halving coming in 6 months and spot etf…ok sell all btc and HOPE it goes down 🥴😂😂😂 i m buying..i dont gamble
bitcoin is rallying.. there is no 70% drop imminent
Hi Steve. I am one of your students. And I am sorry to be the bearer of bad news, but as I said in one of my previous comments a few videos back. It doesn’t look good for crypto currency left alone BTC. Especially now after the war which erupted in Israel against hammas. and the reasons for the being is because that the Israeli cyber unites seized all crypto wallets held by the hammas these wallets used as one of the main payment methods and financial transactions for the hammas and by that financially supporting there terror activities. The use of crypto in such ways encouraging governments, law makers and financial institutions around the world to be further vigilant with crypto and continue denouncing this space. This fact contributing to law maker to further disengage from trying to regulate the crypto space. This act of war by hammas is now putting all financial institutions and governments on high alert with regards to legitimacy and safety of crypto currency. thus, this situation will prevent from new money to come in to the space and raise further doubts within the crypto community regarding its security and conduct of use which creates a lot of uncertainty. And will encourage further mistrust of people in crypto which will form stagnation in this market for long period of time and as I said a gradual decline of value and price of btc and crypto overall. I believe this reality will be reflected soon enough also in the charts.
The timing of this assessment is awesome 😅
Love the video as always , can you update wave trend on weekly. If had fallen below the 20 level and i remember you said thats bad news
I’ve been seeing these figures on my charts since the first quarter of the year, keeping people updated as we go. Many ask; it’s either a big drop, or we go up? What do we do!
If this was me asking this, and by no means is this financial advise is;
First, watch Steve’s videos. Second? Set alerts! Take note of the relevant supports and resistances so no matter which way, you will be ready.
Hey steve 😉✌️🇵🇷 i hope you read my message . You are very special God bless you and your family 🙌. I'm going to stop hearing everybody else And only see your videos because the fact is, it's not worth it. You have taken away from me a lot of pressure. And always have good vibes.
#1fan puerto rico🇵🇷🇵🇷🇵🇷
Have to visit one day😉👋👋👋
Yeah it'll probably just keep doing what is has been for months. Boring
I want to hear the facts in the charts, but you keep saying you're not going to tell us what we want to hear. 🙃
Very impressed with your genuine analysis and concern for others.
Many thanks and Kind regards
what is the base that we may retest? what level?