Technical analysis - Bitcoin Segw & Bitcoin Cash (BTC-USDT & BCH-BTC)
Hey guys, welcome to a new video. This is a quick update on my views for Bitcoin segwit & Bitcoin Cash.
Remember we are at very high levels, a crash could occur anytime, so I would try to play it safe ;)
Happy trading xx
Very nice
Hi, first of all, great job on the TA & info. Learning more each day!
I've done some research on marketcap and found the following..
Marketcap 24 April (30b) - 24 May (85b), bull run 55 billion on 1 month. 17 June (112b) - 16 July (66b), bearish 46 billion. 29 July (88b) untill today (133b), another 45 billion bull run.
I expect another 1, maybe 2 weeks to have nice profits (some have gained allot, you see +100% profit again) and after that a big correction. But after a month or so, we're heading to 1 November SegWit2x and will see prices go up again.
Allot of people have stepped in the crypto world and are learning the possibilities it could provide (still a long way to go...).
Thank you and keep up the good work!
Thanks for this statistics. I love seeing this numbers. You might be right! I hope so, cause I really don't want a looong bear market like the one after 2013 bubble :)
Wow that was awesome training session. Thanks a lot
Thank you so much for these daily updates!
thanks for the vid :) stayin up way too late watching this btc run
Thanks for another great analysis! Unfortunatly I did not had much BTC in my wallet, so in the last 3 weeks I was always looking for a correction with did not came... In this video you say you expect it will correct below 1000$. Why & when do you think there will be such a heavy correction?
One last question, any thought about Clif High's web bot predictions?
Hi I don't presonally believe in the web bot, nor in oracles or secret sources. Historically he's got it wrong about precious metals, world events etc. And as soon as crypto is in bear market he will be proven wrong again. As for BTC going to 1k, long from now. But I think we are not far from the top of the bubble. 4k seems likely to be a point where we will see a huge correction. And if we go to 5k then expect the mega crash...
Thanks for your reply! I'll have to dig a bit deeper about Cliff's previous predictions. I saw him talking last night on the SGT report. That's why I was wondering your thoughts about him ;-)
I will try to find that video. I still watch him, but I don't take him serious :P