BITCOIN BROKE $6,000!!! Going Parabolic?? | $6,400 Resistance!! | Binance Re-Org

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Bitcoin Technical Analysis & Bitcoin News Today: The Bitcoin price is going up and just passed $6,000, looking bullish. wo, I'll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. Watch vhidhiyo kudzidza zvakawanda!

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BITCOIN BROKE $6,000!!! Going Parabolic?? | $6,400 Resistance!! | Binance Re-Org

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Wakasikwa Sara Bauer uye Richard Abermann

36 mashoko

  1. QuestionBitcoin dominance has jumped massively over a very short time period, what effects will this have on the alt-coin markets?

  2. Alt coins get juiced of their satoshi value. The price of BTC with respect to USD is a higher order function as opposed to Altcoin USD value. In English, that means that the marketcap value of BTC goes up quicker as opposed to altcoins, think of it as a scale. The value of altcoins lowers with respect to BTC. It Usually goes in cycles, in a bull market, BTC pumps, after that usually it cools down and a decent portion of BTC liquidity goes to altcoins, this event is known asaltcoin Season”. After both of these cycles usually a pullpullback happens with the total market, hence a correction of a decent size.

  3. TA says we should pullback from mid 6k. every TA analysist/trader says the same. every1 saying mid6k then pullback down. this make me feel i should be contrarian to popular belief. so im sitting on the fence and keeping an open mind

  4. Hey Carl. I’ve been following you for well over a year now. I watched your Bitmex tutorial video the other day so I could start trading with leverage. Haven’t slept much since haha but closed in profit and lowered the leverage so I can rest easy. I’ve learned a lot about TA and trading in general and have learned to trust my own analysis from watching people like yourself on YouTube. So thank you. Keep up the good work 👍🏻

  5. Yeah most get too greedy on Bitmex. As you said, lowering the leverage means you aren’t anxious while trading. 5x or 10x max is what I do. 25x/50x/100x is just gambling and those people should expect to lose more than they win.

  6. Great video again! At the intro i’m always waiting for the sped upThen i think you should definitely must watch this video”, maybe a slowed down version once for the fun of it!!

  7. Thank you for saying that. I have been watching over 50 TA videos. It seems that every1 has their own point of view. 50 videos = 50 different TA 😀 But bull run is not going up straigh line. So it seems we are going to have price correction. Would love to get price on 4,5K.

  8. +josep theodore so after these 2 cycles get over , is it the right time to accumulate more alt coins?? Or should be purchased rght now when bitcoin is making new highs of this year??

  9. A question, where do i find the VPVR in TradingView? It doesn’t show up when i type the letters in the ‘indicators and strategies’ hwindo…?

  10. Price didn’t go down as it’s exchanges who are pumping the price up (finex / binance) plus Binance is locked.

  11. I think in the end, what does it matter? Whether you get in at 5k, 6K, or 7k, you’ll regret not being in

  12. Technically yes, should bounce off a resistance ceiling somewhere in the 6k, then later use 6k as a floor. But btc is no respector of standard TA… saka. We see what happens. Personally i think another adam and off the 6k is likely, if it doesnt just do a parabola and break straight through which to me looks like could also happen. See thing is if you picked up cheap coins lower down, why would you drop them at 6k when you can sell them higher? My target is the top, so to me this is still buy zone.

  13. Juggernaut on the move! Next ’roundof Litecoin and Bitcoin halvings begins 2019 – continues into 2020 – mining reward is halved leading to less new Litecoin and Bitcoin entering the market leading to upward pressure on price. Last 2015 Litecoin halving signified the beginnings of 2015 – 2017 mutengo pakaitika!”””

  14. I don’t think there will be a correction. I think we will bounce around in the 6k level and eventually get a breakout to 7k.

  15. 10K that’s the level I’m watching then I’ll know it’s a bull market and I’m so glad you didn’t talk about The ledger nano s video

  16. it will come back downthis pump is just to liquidate shorts, because of the tether issue and i assume from those moving from tether to BTC because as of now people cant withdrawal from Binance because it was hacked

  17. Dude dont be comparing 2015 kuti 2019.. its amateuristic. ALL these rekt people were calling for 2015 all day all the time
    2015 markt segment is totally different, different time, different people.. different traders. different minds..

  18. it’s a scare tactic to get dumb money to buy inonly to lose half of it in the coming monthsjust watch – 🙂

  19. There is going to be a correction at some point. But I also believe the top wont be at around 6K nor will the bottom be at 4.2K. Since that’s what most people are expecting. I could easily see Bitcoin go way above 7K or way below 4K. The only hard thing is deciding which one of the two it is going to be.

  20. psylo cybe nothing gives it value.
    It’s a scheme to milk suckers Who think they’re part of next big thing of their money.
    You asked

  21. thanks for your reply.i think thedouble spendproblem that bitcoin solved was what gave it value initially , however because that can now be replicated , the next value proposition comes from the btc network effect -effectively making it hard to reverse transactions.however the recent binance hack issue has brought to light that it may not be as secure as we think.i honestly dont know, and i dont think anyone does either but am open to the idea that this could be the next big thing.

siya mhinduro

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