Bitcoin's price falls as DATA suggests LONGER bear Market! BTC Technical Analysis & On Chain DATA
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Crypto Price Bitcoin Price Levels June 2022
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This video is so good, i had to watch it twice.
Going full technical analysis on BTC is worse than gambling. Daily world news affects Bitcoin. Whether you like it or not even Elon Musk tweets effect the markets as so does;
– Global economies,#
war –
– recessions,
– decisions of tech giants,
– regulation,
– hype
– Altcoins, especially Ethereum
– Exchanges,
– Institutional investment
– Whale wallets
And many more aspects affect the Bitcoin Price. Technical analysis is merely just one of these factors. Just try to buy low and sell high is all it comes down to. The can analyse the chart for years and have virtually zero advantage.
Low volume? The Binance Bitcoin chart is showing mad high volumes this last few weeks.
Sorry if this was answered in the video, but was the liquidation of Celsius, 3AC, Voyager etc considered in the whale wallet movements?
Great tip 0.702 if the last point i go to for the retrace close of candle!
NICK, my Elliot Wave program is showing me this count, try it out… Wave 1 terminates June 26, then we get a running flat. A wave terminates June 30th, B wave terminates July 8th, C wave terminates July 13th. Second wave of wave 3 terminates July 17th. Third wave of wave 3 terminates July 20th. Fourth wave of wave 3 terminates July 26th, and notice the daily close kept it from closing into the first wave, so it's legal. Fifth of wave 3 terminates July 30th. We're now in a shallow 4th that cant cross 21890, soon to be going up for a 5th.
Great info thanks a lot🙏🏽 the .702 fib level does it only work on log scale or does it also have significance on the regular charts?
Summary?
I think it's worth noting that previous bottoms came 18 months before the next btc halving. Jan 2015 bottom…July 2016 btc halving. Dec 2018 bottom…May 2020 btc halving. If that pattern continues…this bottom could be between early Sept and early Nov….next btc halving is early April 2024.
One day crashing next pumping 👏
Lobster 🦞
Thanks Nick. This daily analysis keeps me sane and on track 🙏
Not shrimp, plankton!
fanks nick
🛑 Which alt coins in top 100 market cap will get wrecked if BTC goes down below 15k? Cheers.
Want to see 20 minute or so videos, can't listen to all these hour videos on the way to work anymore. Loved the channel though previously 💯
Awesome observations. Thanks for the vid.
Thanks Nick. I watch your streams/vids every day to keep my FOMO at bay 🙏
Thanks!
good Morning from SE Michigan, watching the rerun version, too early for me.
I'm not gonna take the bear market any longer. I've never been so happy seeing such tiny green candles. I turned my usdt into all possible projects I have faith in and honestly I'm tired of waiting… I wanna real bulls to come
Can we see the whale / shark and shrimp date in previous bear markets? It would be interesting to compare the behavior of the retailers vs the whales back in 2017/2018 and in 2020.
What about a name for retail investors who have 0.1 BTC… Plankton? 😂
If you consider upcoming macro events, the future doesn’t look bright for crypto.