On todays show I do live TA on Bitcoin and the rest of the crypto currency market. As Bitcoin has lost important Important support I will let you know If a I think we will continue lower to our next target of 18825 or if we will find some local support and get a bounce. I will be showing my current trades and letting you know what levels I am watching to enter some new positions and where I generally expect price to go. At the end of the stream we will be spinning the wheel of pain and pleasure for your chance to win some free NFTs!
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
Charts appear to say >>20k< bottom i could see that, but not with the macro situation though. I dont even think talkin bout the bottom is worth it atm. Macro is the worst in decades energy, inflation, rate hikes, supply shortages etc etc its the perfect storm. From 2008ish till around 2021 when the economy was boomin & the fed was printing money btc still crash about 85%. So i find it hard to accept a 75% crash for a bear market that lines up with a global recession, dont make sense to me. Institutions & whales need retail to sell so theres enough supply to meet their demand & they aint buyin yet!! The thing is retail aint got any money to ape in to btc atm & over the next 12 months or so i see less money in the system as the fed tightens & everything goes up in price. So where will the money come from in that kind of a setting?? I really dont think weve seen the bottom yet or the kind of pain coming next year after mid terms. I guess we will see, I will keep buy and just trade long term more than ever, I have made over 7.5` btc from trading with Paul Charlton in few weeks this is one of the best medium to backup your assets incase it goes bearish.<<<<<Reach him VlA Te le gr am > CHARLTONTRADING
I'm new to trading How can I make more profitable investment in crypto without incurring most losses?