Bitcoin Breaking Out! But Is It Really That Bullish? | Winklevoss App Launch!

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Bitcoin Technical Analysis & Bitcoin News Today: I'll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. Watch the video to learn more!

My charting program Tradingview: https://tradingview.go2cloud.org/SH2gX

0:41 Bitcoin TA
9:46 Q&A
12:25 Trading Alts BitMEX
15:49 Winklevoss App
18:00 KFC NOT Accepting Dash
18:48 We're Drug Addicts
19:28 Mining Death Spiral

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#Bitcoin #BitMEX #BitcoinNews

Sources:
https://www.bitmex.com/register/NJu3r0
https://cointelegraph.com/news/were-at-home-in-crypto-winter-winklevoss-twins-launch-crypto-trading-app
https://cointelegraph.com/news/kfc-venezuela-denies-accepting-dash-payments
https://cointelegraph.com/news/the-drug-is-gone-mike-novogratz-compares-current-bitcoin-markets-to-methadone-clinic
https://www.ccn.com/bitcoin-mining-industry-under-considerable-stress-1-3-million-devices-switched-off/

Bitcoin Breaking Out! But Is It Really That Bullish? | Winklevoss App Launch!

44 comments

  1. *BitMEX Affiliate Link 10%:* https://www.bitmex.com/register/NJu3r0
    My charting program *_Tradingview:_* https://tradingview.go2cloud.org/SH2gX
    0:41 Bitcoin TA
    9:46 Q&A
    12:25 Trading Alts BitMEX
    15:49 Winklevoss App
    18:00 KFC NOT Accepting Dash
    18:48 We’re Drug Addicts
    19:28 Mining Death Spiral

    Patreon Videos: https://www.patreon.com/themooncarl
    Discord: https://discord.gg/P5zPEAv

    Coinbase Get $10 Free: https://www.coinbase.com/join/59d6a65d6b0de701316e0d81
    Brave Browser: https://brave.com/the406
    Tradingview: https://tradingview.go2cloud.org/SH2gX
    Binance: https://www.binance.com/?ref=11069112

    Ledger Wallets 30% OFF!! https://www.ledger.com?r=f988

  2. Mining does not control the price of BTC, the market maker & Vets do. I told you on all your last videos for about 4 months 3200 is the bottom.. I’m out 🍻

  3. Looks like a Head and Shoulders forming on 4H. Might be in for a downwards ride.
    Agree with you. Longing in a Bear market is like suicide. Wait for reversal, or Short.

  4. “Death Spiral” is a myth. BTC’s difficulty will adjust accordingly every 10 days so while miners can be turned off temporarily, the difficulty will eventually decrease in response until such a time that the difficulty is so low that the BTC yield increases sufficiently to make it worthwhile to mine again.

  5. before u became a professional investor, did the pain of you’re brother wake up you’re skills? and how much have u lost before u made the right thing?

  6. That’s right guys, your likes on the comment got Carl to say “definitely keep watching this video” twice in one vid… nice. Man I love this channel XD

  7. +Jerrell Hill Precisely! From the bottom and the capitulation candle in january 2015 we can see this correlation in the charts (just put on the screen BTC dominance on coinmarketcap and, on tradingview, BTC with log scale in weekly time frame)! Also that’s actually very intuitive and logic in an investor perspective: if we think that blockchain is a revolution, than in the long term there will be a constant growth in these 2 main players (Altcoins and BTC); Since in this market BTC is the most popular and unique player, if there is a BTC bull run, investors will convert Altcoins and fiat in BTC –> BTC dominance to the moon. On the other hand if there is a consolidation in a strong support area, than BTC is not profitable and Altcoins become the main target of investors.

  8. +Tiago Dos Santos appreciate the response. I’ve been trying to find a correlation. I’ll look into it now

  9. Carl first of all, lol!, the price moved again while editing.
    You might consider to go live instead of editing your videos.

  10. Everyone is Nostradamus thinking we’re going to 2.8k or 3k. That combined with strong converging supports, reaching ath in shorts, $3k being a strong psychological # as well as precisely 50% of the yearly support level and interesting whale action on bitfinex all lead me to believe a medium or large rally is probable here. Whenever everyone is expecting a certain price to be reached it’s very common the market won’t quite reach it before changing directions. We could be in the midst of whale accumulation into multiple short squeeze rally to $4k or potentially higher.

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