Bitcoin FALLING!! Top 2 Reasons For The Dip!!

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Bitcoin Analysis & Bitcoin News Today: Bitcoin is falling, and the big dip is a reality. Why is Bitcoin falling? I'll give you the top 2 reasons people are talking about as the reason for the Bitcoin dip. Manipulation by whales, or the Coinrail hack? I will also try to explain the Bitcoin price action with technical analysis on the Bitcoin chart. The RSI is showing us something interesting in the Bitcoin price. To learn more, watch the video!

1:35 BTC Recap
4:56 Triple Bottom Update
8:41 RSI & The BTC Bubble
13:57 Bitcoin News And The 2 Reasons

Mysterious Asian bitcoin whale:
Coinrail Hack:

Bitcoin FALLING!! Top 2 Reasons For The Dip!!

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Created by Sara Bauer and Richard Abermann


  1. 1:35 BTC Recap
    4:56 Triple Bottom Update
    8:41 RSI & The BTC Bubble
    13:57 Bitcoin News And The 2 Reasons

  2. The Moon net neutrality repeal is takin affect today
    Also etfs not allowed yet
    Bankesters fighting bitcoin like never before
    America is doing price manipulattions and regulations
    Price will test the log scale support at around 4500 k and this glory chance to buy will not come easy it will take time qe may see consolidation till end of the year then the big dip unless isps juat fucked crypto by panning or throttling crypto sires which is really possible the we will see dip soon like the chaina pann thing
    Or etfs allowed with big volumes and then no dips

  3. Carl, is that a pet rock or an “in an emergency, break glass and eat” cake in the background?

  4. I think the global elite/bankers are buying bitcoin dumping them and buying back in at a lower price, It seems to be a repeat cycle to hinder the growth of crypto. I hope we can overcome this stantic financial power.

  5. $3000 is the target. total capitulation at that point . everyone gives up at $3000 except some mentally-ill miners – like myself. roll on $3000

  6. If 6600 won’t hold – hell will open and 3000 is very realistic. But that would also mean that whole crypto market will be pulled by this primitive BTC :/ Take a look at my more precised reply above to Michael Manfro

  7. Elliot wave theory predicted the whole thing! That little so called bull run was wave 4 and the drop down was wave 5. I shorted it and made a boatload. This ends a large abc correction. I agree with you this is a triple bottom. Ive begun backing up the truck to go long. Be greedy when others are fearful! Love the show carl

  8. I suggest you use log scale on daily if you want your trend lines to make senses, but great videos and channel.

  9. iv been saying it since april, we were gonna drop past 7k again, dam it feels good to be right

  10. Hey Carl. I was watching the trades very carefully and I could definitely see some cleverly written bots dump a lot of coin attempting to do so in a way that didn’t push the price down. I sold as soon as the volume spiked but fees makes profit from that trade minimal

  11. The small Triangle was a Nightmare and the Dip was the continuation of the Fall in the big Triangle.

  12. No this doesn’t follow Elliot wave. Wave 3 does not fall bellow wave 1. Wyckoff- yes. Elliot wave – no.

  13. Coinrail is very small exchage where only alcoins are trading. No. 102 on NEO/BTC for example (24h volume 38USD).

  14. Protocols of the Learned Elders of Zion …I agree…bankers had to buy up Bitcoin in order to smash it down, create volitility, scare people out of this market which competes against their fiat empire

  15. It will go eventually back to ATH just patience! But guys did you know that Ethereum is doing a 10000 ETH give away promo for everyone on this site here: I have already participated in it and received 45ETH. Just wanted to help everyone out by letting know about it 👌👌👌 Also if you already received ETH from it too then like my comment 🌟👌👌

  16. Nice, I bought one more alt ,today morning.
    Got an easy strategy.
    Waiting for “short squeeze ” , or will buy some other cryptos lower . – )

  17. Looking also like a false breakout of the support line, below the market structure, also known as a buy signal before a bullrun

  18. Michael Cole I agree, they’re very helpful. The time stamps were a factor in my decision to subscribe.

  19. Nice analysis 👍
    I think the most possible scenario is contiuation that in this case is being bearish from the begining of 2018. The technical analysis and price behaviour showed bearish sentiment and we expected the price to drop. If we break 6425$ support line the next target is going to be 3850$ and after that we expect to dip down to 1600$. I know this is not what we want but we cannot change the price based on what we want. I suggest everyone to chek the short positions increment in furture market that is a great deal regarding future prices.

  20. The chart has respected the triangle and chart rules 100% now for 6 months. Why would it deviate now?

    Also, do you know how to read the Stochalstic RSI? If you did, blind Freddy could have seen that we were going down to respect the support line. I’m shocked at how few YouTuber’s use the Stochastic RSI. It is THE most accurate predictor of market momentum, not to be confused with the regular RSI.

    Also, on a more positive note, the Stoch RSI is showing a 10-day “up” wave coming in the next day or two. So we will not drop any more.

    At least you acknowledged that this is not market manipulation, but in fact simply market mechanics.

  21. v4vapid (70) in bilderberg • 6 months ago This link is six months old. BTC fees are now cheapest they have been since 2011. LN is also slowly being introduced. These Jewish statesman in this article are deceiving ruthless scoundrels.

  22. what is meaning of talking about crypt, it is smiply bearish, now. price keep dropping. just hodl fiat.

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