Breakout Imminent!! | Bitcoin ETF News | Do We Really Need ETF’s?

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Bitcoin Technical Analysis & Bitcoin News Today: Bitcoin is moving sideways still, but when is the Bitcoin price going to breakout? Well, probably very soon. I'll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. I'll show you support and resistance that are important in the Bitcoin chart. Also, I'll go through the latest Bitcoin ETF news, and I'll discuss if we really need Bitcoin ETF's or not. Is the SEC going to approve the ETF's in September, and do people expect an approval or disapproval? Watch the video to hear my thoughts about the Bitcoin ETF's!

0:35 Breakout!
3:16 Bitcoin Short Squeeze
4:27 RSI & Stoch RSI
6:18 Sup & Res
7:46 No Selloff??
13:46 ETF News

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Sources:

SEC Says It Will ‘Review’ Bitcoin ETF Rejections


https://cointelegraph.com/news/us-sec-to-review-rejection-of-nine-bitcoin-etf-applications

Breakout Imminent!! | Bitcoin ETF News | Do We Really Need ETF's?

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41 comments

  1. I strongly believe non physical ETF should be rejected totally. It only kills the price of crypto in general.

  2. Bitmex which Carl recommends is a derivatives market and drives the price down. When it went offline the bitcoin price went up by about 5%.

  3. Finally someone that gets it! You are right Carl, these 9 ETF’s dilute Bitcoin, not even mentioning the ‘shorting options of these synthetics” Bitmex already dampens the price movement with their leveraged short futures.

  4. we don’t need ETF’s we don’t need ETF’s we don’t need ETF’s like we used toooo doooooo

  5. Exactly they made the right decision to reject all of these nonsense derivatives, but disappointed by how little their decision affected the markets they decided to open it all up again in an attempt to stay relevant.

  6. The sec were disappointed with how little their latest rejection moved the market so they decide to open it all up again in an attempt to stay relevant.

  7. 16 days sideways? what are you talking about? the yearly low equivalent happened in that timeframe. thumbs down on this vid this time.

    and you say dont invest in ETF because you wont own the BTC? thats insanity… you will not only make the same returns but youre investment is insured, cant be hacked and cant be lost. you really shouldnt give trade advice when you dont know what you are talking about.

    too many crypto nerds are about decentralisation yet decentralisation means nothing. if anything it is more corrupt.

    the lightning network is CENTRALISED….. LTC and BTC will NEVER be mass adopted without it hence your own argument is killing off your own dreams and hopes.

  8. Isn’t that how precious mental prices are manipulated? They should reject these 9 because BTC cap is set at2 million

  9. I think the same. They wanted to drop the price but didn’t work so now they are going to approve one to see if it can work better at dropping the price.

  10. I’ve never commented here, I’m not too good in english so I will try brazilian portuguese, Carl, parabéns pelo seu excelente trabalho, eu fui capaz de aprender Price Action com você, suas análises são impecáveis, tenho obtido bons resultados, não menores que 15% mês, continue seu excelente trabalho, espero um dia ter a oportunidade de te conhecer pessoalmente.

    Translated: congratulations for your excellent work, I was able to learn Price Action with you, your analyzes are impeccable, I have obtained good results, not less than 15% month, continue your excellent work, I hope one day to have the opportunity to meet you in person.

  11. Trading successfully is when you got the right strategy. Trading with strategy has brought me great success. I have never seen a strategy as consistent as his.

  12. something that really works look i urge you all to reach out to him and build up like i am now

  13. Thanks a lot , i will contact him Asap so I can enroll tomorrow, I have very little experience so he will be my Coach

  14. Its a Big Deal if you keep loosing money by trading for yourself without getting to contact him

  15. Life saving strategy, well trusted.. Thanks to Mr Charles’s life saving strategy i and my family are living a happy life in our new house..​

  16. Invest in a true decentralised crypto currency like XRP ( Ripple only owns 7% of the XRP validators) instead of a failing, Centralised “Speculation Tool” like Bitcoin (3 Chinese mining pools control 53% of Bitcoin’s hash rate)

  17. For the hard of understanding, here it is again
    1.Ripple only owns 7% of XRP validators
    2. Three Chinese mining pools control 53% of Bitcoin’s hash rate

  18. Carl please do a video to inform longs that the only way they can long is buying real bitcoin not an etf not a futures market only buying bitcoin that way they give shorts no way to short the only reason shorts can shorts because of stupid people who longs without buying the physical bitcoin

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