On todays show I do live TA on Bitcoin and the rest of the crypto currency market. With bitcoin dumping off of the CPI data I let you know what key levels you need to be watching for some support. I will also let you know if I think this is a healthy correction before more upside or if we are going to see lower lows for Bitcoin.
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find your knowledge fantastic and the way that you explain is a great help. <I would love to know how you studied this all. <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. If this is really a bear market rally then Bitcoin is not done going down, just like stocks are not done going down. We are seeing the positions filled, the price goes, up, then a new wave of selling comes in, hit the new orders again and repeat, looks like someone accumulating hard. From a technical perspective, as expected, the price might continue to move lower 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 Frederick Craig Nelson a professional broker/tradr that has been my mentor, I have accumulated 2.5' btc! 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 Frederick on <ͲeIєɠɾαm his personal handle is @ CraigFson..
Not bad PA analysis. Add some more macros. Well done. subbed
Showing institutions a 10k bitcoin and filling the 9.6k CME gap would be a nice gesture.
I'm tired of trading …The sooner we start saving money, the better later life is.
It< makes sense, BTC and crypto is off helping to regulate, rather than pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. I’d get involved more knowing that I have made over 7 BTC and 15ETH from day-trade with Alice Crypto in few weeks.
This why you’re such👆 a pure soul who always lend his hand with money.I wish the world has more people like you without you I wouldn’t have setup my business successfully if not for the 5.4BTC I got from you
Your a real good dude
yea its starting to click frankie.😁
Another great session with the candel mafia and my bong.