Bitcoin BOTTOM IS IN ..OR BULL TRAP?! – Crypto Trading Analysis & BTC Cryptocurrency Price News 2019

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Is the bottom in for the Bitcoin (BTC) price or is this just a bull trap, in my opinion?! Let's discuss this live today and some cryptocurrency trading technical analysis (TA) + current 2019 market news and price action + prediction on cryptos in today's video/live stream!

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Disclaimer: The content covered in this video/live stream is NOT investment advice. I’m NOT a financial adviser. These are only my own personal opinions, ideas, charts, technical analysis (TA), insights, curated news publications and price prediction(s) for 2019 and beyond. Always do your own research and only invest solely based on your own findings and personal judgement. Trading and/or investing in Bitcoin (BTC), Ethereum (ETH) or any other type of cryptocurrency or altcoin is extremely high risk and the market + price of any asset can crash at any time! Cryptos are incredibly volatile! You should always consult with a professional financial adviser before investing or trading any asset/commodity/etc. This video/live stream is purely for entertainment purposes only! —

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Bitcoin BOTTOM IS IN ..OR BULL TRAP?! – Crypto Trading Analysis & BTC Cryptocurrency Price News 2019

41 comments

  1. Thumbs up if you’re BULLISH and reply with a comment telling us why! 👍

  2. Thumbs up if you’re BEARISH and reply with a comment telling us why! 👍

  3. You say bull trap I say BULL CRAP. TO THE MOON KIRBY. TO THE MOOOOOONNNN!!!!

  4. I still think we are dropping. I have not seen the bart formation fill yet on that dump. this is a slow grind to the top 5800 – 6k then a dump down to 4200 probably. Bull trap if you ask me.

  5. I think so too. The only thing suspicious is that everyone seems to think that 🤔

  6. How many more bearish signals do people need? NVT is red, RSI broke support, RSI bearish divergence, massive $6k resistance overhead. Price is testing the upper resistance of the EMA ribbon on the monthly and weekly.

  7. The bottom was a picture perfect copy of Investopedia’s Dow theory of accumulation. That brought the mega candle to kick it off. Bulls are definitely in control now…IMO the loyalists with deep pockets are definitely taking their long term positions. It’s the first time in over a year that I’m seeing the dips actually get eaten up, and it’s not James at the water cooler stopping the waterfall that would have happened in 2018.

  8. Don’t really care if the bottom is in either.
    I’m 100% focussed on playing this swing and getting this crypto!!!

  9. James: Ooh Kirby, ooh Kirby. I told you we were going up. I’m just waiting for a confirmed double top to buy in.
    Kirby: 🤦‍♂️…ok James

  10. Because there are to many things going on and a lot of money to be made and all it takes is some money and the market will move I’m sure there will be big moves like big investors putting in 3mil and more here soon even car companies are getting in and maybe Nike and Disney all I can say its happening behind the scenes it will move fast to the up side 🤑🤑

  11. Crypto Kirby Trading while I would love to moon shot right now, I am more focused on trading the swings. I have a feeling we are headed lower. Bulls just don’t have the strength to push much higher at the moment. However I do see Bitcoin breaking 6000 by midsummer.

  12. I’m confident the bottom is in. The EMA7 has crossed above EMA25 on the weekly. Bullish.

  13. I think the bottom is in.. But it’ll pull back to the low 4ks after this push. Then try to retest

  14. Worth considering what holders of USDT are thinking/doing. Could USDT have a role in supporting what looks increasing to me like a BARR in BTC/broader crypto.

  15. Crypto kirby here is is deal. It’s no coincidence that bitcoin bounced at the 200 weekly. #Bullish

  16. It’s nice hearing you more bullish Kirby lol. I’m a newbie and survived 2018 losing my fair share… but I’m still here, and this cockroach is growing some wings and flying high!
    Shorts have been skyrocketing, and longs are plummeting here recently. Given that the majority of people are wrong in trading, I think another giant candle is coming!
    As soon as we convincingly break the 50 weekly SMA 😎

  17. E trade and Fidelity are underway for later this year. However, Feds are likely to go after Bitfinex bringing market to its knees and opening a healthy door for American exchanges. 3/4 of bear market completed.

  18. BEAR TRAP – 16 months of making money it is now the BEARS who are going to see disbelief

  19. Clearly Bearish for the short to mid term. Speaking from a human psychological perspective I could see a dump at somewhere around the $6k region. People are going to want to take profits especially after seeing the resistance and the FUD we have been having at these levels. I could definitively see a dump or double bottom looming in the future and see a massive pump coming in the next month or couple if we do see a dump to below $4k. Just my opinion.

  20. It would surprise me if we break 6k this quarter. More likely we’ll be rejected and go down towards the 200 ma. But we’re not going into the abyss. The bottom is probably in.

  21. I’m gonna need for btc to drop for a double bottom so I can fill these bags mmmmmmK

  22. BEARISH, to early to keep rising, wont see 6 – 7k until the end of year so we need another big red one!

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