Is Bitcoin about to have a MAJOR CORRECTION? [Crypto Perspective]

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Ae! You are gonna like this video. Today I want to talk about the LATEST crypto news!
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Trader Mark Dow Finally Closes Bitcoin Short Position Held Since Last Year’s High

Trader Mark Dow Finally Closes Bitcoin Short Position Held Since Last Year’s High


CHARLIE SHREM: MAY 2018 WILL BE ‘LAST TIME’ BITCOIN COSTS UNDER $10,000

Charlie Shrem: kia 2018 Will Be ‘Last TimeBitcoin Costs Under $10,000


US Lawmakers File Bill to Exempt Cryptocurrencies from Securities Laws

US Lawmakers File Bill to Exempt Cryptocurrencies from Securities Laws


Coinbase Wants You to Earn Crypto While Learning About Crypto
https://www.ccn.com/coinbase-wants-you-to-earn-crypto-while-learning-about-crypto/
Do you agree with my reasoning? Give me your thoughts?
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**NOT financial advice! Just opinion. Make your own decisions!
**NOT financial advice! Just opinion. Make your own decisions!
**NOT financial advice! Just opinion. Make your own decisions!
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Is Bitcoin about to have a MAJOR CORRECTION? [Crypto Perspective]

45 kōrero

  1. I don’t mind it falling to below 2k despite having thousands in bitcoin, altcoins will be drained further which just means more potential for gains when the market recovers!
    Lower market caps = more upside potential.

  2. just because the market price goes up or down that does not necessarily mean that money has gone into the market or has been taken out. the market merely shows only what the market is valued at . everyone is misleading .
    i dont think 30billion in fiat has gone into the market in these past 5days but only the market value has increased .

  3. Although I agree that we are hitting a resistance line which we could bounce off of, Bitcoin has shown recently that has no problem plowing through the resistance like it was nothing.

  4. Yes but you forgot to take into account that he has now probably just held it one year and one day so it’s now capital gains tax rate instead of normal tax rate

  5. I do agree. We are not bulling at all, way too slow.More like a bounce.If it’s not pumping the bears will short it down again.

  6. You can avoid tax liability if you make all your trades on exchanges outside of your own country. I’m in the USA so I don’t use Polinex, Gemini, Kracken, or any US exchange. When your ready to cash out you will only pay the tax once because you will it be forced to use Coinbase or Kracken or one or two others. If it’s a substantial amount of money your cashing out you can avoid capital gains by rolling your money into real estate or a few other investments.

  7. The market cap increase and the money flowing in to the market is key a 1:1 ratio. I hope, you know that right?

  8. I agree. I think Conbase does fractional reserve crypto. Everybody needs to take possession of the private keys. If you don’t have the private keys you don’t own the coin

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