Bitcoin To Go Below $3,000 This Week? Technical Analysis

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Could Bitcoin hit under $3,000 this week? Below $3,000?! What do the charts have to say? Mark will walk us through some technical analysis on Bitcoin and show us what to watch for.

Mark is an active trader on the ACB team and a technical analyst. He is not a professional financial advisor. You should do your own research before investing and should never invest more than you can afford to lose.
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Bitcoin To Go Below $3,000 This Week? Technical Analysis

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27 comments

  1. We are touching the 200 day moving average. That has held everytime in the past. And actually bounced up. This is the third time it has hit this spot. The risk reward is going long. Drink up the cheap prices while you can. Can see LTC and many others making moves up. Zoom out the chart instead of the day or minute chart.

  2. Yes Mark we are going to 3000 we wait a while then again we dive below, big guys insisting to buy cheap 😉

  3. might be above 4000 before the end of the week and above 5000 before the end of the year before another capitulation sometime in january of larger proportions

  4. only way this will happen is by bouncing up to 5500 approx, massive black swan event to drop price off a cliff, no way we will go to 1100 with noobies in short positions

  5. Hey Mark, thanks for the update + I just want to say that you guys are doing an amazing job here in this space. I’ve been subscribed since 10k subs and watched all the videos ever since. Good job dudes 🚀🚀🚀

  6. +Craig Neeve Shorts are still pretty close to ATH. I’m expecting a squeeze to 4.5k-5k (then back down to 3.5-3.8) – so basically, yes

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