Posting conservative bitcoin videos with cautious consideration throughout Bitcoin rate pumps is type of my thing, so I will remain true to this technique by discussing with you why I believe we ought to be careful during this BTC rate pump.
Intro 00:00
The Bitcoin sensation 00:10
This BTC pump is great 00:30
Stock market 2:00
Bitcoin cost weekly resistance 5:20
Mentally approaching BTC 6:50
Bitcoin cycles 9:00
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Intro 00:00
The Bitcoin feeling 00:10
This BTC pump is good 00:30
Stock market 2:00
Bitcoin price weekly resistance 5:20
Mentally approaching BTC 6:50
Bitcoin cycles 9:00
Nothing to be careful or joyful about. DXY fell. Risk-on assets rallied. CPI is going to be down. 75 bps hike priced in. Likely to be 50 bps. Oil down, gas down. Other currencies gaining lost grounds. As long as these conditions prevail, BTC will continue to drag higher. Of course, there are pullbacks. People take profits, high RSI comes down. All pretty normal stuff.
Clickbaiting is not attractive. Beneath you.
I have to just say, it’s really interesting to be judged by some of you people out there for how I create a title or thumbnail. Telling people to be careful in this pump isn’t clickbait. And to say it’s beneath me is funny. Imagine what you are doing for a minute…You are virtue signaling about a crypto thumbnail that is telling people to be careful. I love you and encourage you to get offline for a little. Go enjoy life! 👍🏼
We still have a rough road ahead it’s ok with me I’m buying on the downside since I’m long-term
Allow us to increase our longterm positions! 😊
Previous bear markets, BTC was still above the 200MA at the bottom of the Fibonacci Retracement zone. That’s not the case in this bear market. I think the capitulation has happened and the bottom is in. Either that, or, this bear market is going to be so brutal, it will be of the Book of the Revelation proportions.
I think the Fibonacci .786 is more relevant than the 200MA. Time will tell. 👊🏼
@Crypto Capital Venture Probably. But, look at where the 200 MA is in proportion to the Fibonacci Retracement zones in this bear market, compared to the previous bear markets. It is totally different. I don’t know if it is a good thing. Or a bad thing.
this whole experience is like pulling teeth with pliars, I just take the pain and wait for the next bear market whenever that will be.
The dollar is losing moment temporarily. The dollar will bounce again most likely on it’s parabolic movement sending BTC down again.
Thank you for your clear insight, this video is really helpful!!
In a cycle that is completely different in every way from any cycle before it, I’m curious to understand why you believe the fib action would be the same? There is plenty of data and very reliable indicators that show the bottom is in. Could it drop to lower levels? Absolutely, but unlikely. Everyone expects it. I do not include myself in that group think. It has bled more than enough while breaking previous ATH action for the first time in history (again, completely different cycle). It’s time to grind every direction but down.
Is it possible that with all the youtuber including you being bearish is actually positive for the market? Sentiment may win over the charts. Everyone looking for another leg down…when the boat is heavy in one direction, it usually goes into opposite direction.
Perfect video. Perfect reminder. Thank you Dan. Your so appreciated to help keep things in the right perspective in such a volatile world of crypto
Thank you sir for the video. But well, we’ve got to start somewhere… No bullish confirmation yet but uptrends do start at lower timeframes. It could go up, it could go down, who knows…
Very well said. My thoughts exactly – thanks!
Love bears all things. Love overcomes all. The glory of The Lord be upon you brother for the positive energy and hope.
Amen.
Thanks Johnny. 👊🏼
Bitcoin and Litecoin reward halving supply shock on its way, looks like a short squeeeze will soon be in play …🤼♀️…🤾🏼♀️
Litecoin 2023 reward halving closer each second as The Litecoin Summit approaches and MWEB goes live ⚡️🕷 🕸
I understand shorts are having a field day, and best to them. But one-day news will come, large brokerage companies that have already committed to the space, as in Black Rock, Schwab and others have been loading up. This will shock the street, and they will take no prisoners; they will have the buying power to create a short panic and the buying power to keep pushing it higher as the shorts buy-in. It won’t matter how much you shorted because they have zero empathy for anyone, the goal will be to crush the shorts, raise their asset value and do so while creating wealth for themselves. Some will say this is Hollywood or wishful thinking, but when the largest guys with billions want something, they will take it. They are the guys with the 150-plus foot yachts you should understand their mindset.
@Freda James
@Margaret sanders
I really appreciate the update we are getting from you on crypto. For me this is the best time to invest as the market is low
Thank you for watching.
Great channel and very informative video. I was able to retire early and successfully by building a passive income stream, living frugally and investing. I’ve always said this to everyone that investing is the key to financial freedom
We’re ready for the big pump cause I’m holding BTC in Tangem
Great channel and very informative video. I was able to retire early and successfully by building a passive income stream, living frugally and investing. I’ve always said this to everyone that investing is the key to financial freedom