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Bitcoin Technical Analysis & Bitcoin News Today: Is the Bump and run bottom reversal pattern in Bitcoin still playing out? Is Bitfinex going bankrupt? I'll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. Watch the video to learn more!
0:40 Bitcoin Analysis
7:03 Bump & Run
10:43 Bitfinex Spread
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I look forward to these videos every day. Keep up the good work
Down then a pump to 6.7k
i dont understand why tether isnt tanking. They admitted, that they are running a fractional reserve system.
I think it will hit 6000 and drop quite a bit
we always appreciate your videos 🙂
Hi Carl! Thank you for your videos;) I’ve got a question: what do you think about NVT indicator?
Hey Carl, nice Video! What do you think about Digibyte?
and daily Stoch RSI was again oversold, moreover with a bearish cross on it. When is the damn dip?
Good question!!
I think bump and run could play out!
Same reason the USD isn’t tanking when it should
Carl. That smaller cycle in early 2013 right before the $1150 peak had a bump and run bottom a lot like the current one. What if we are repeating that pattern and bitcoin is going to moon sooner than we think.
Thanks mate, Great video as always. Love the dry sense of humor.
Still waiting too
In the october tether FUD, teather went down to $0.85. So why not this time. I was wondering that myself.
Bullish Ascending Broadening Wedge!! Search it up!!
Patience 🙂
Usually when everyone thinks btc is going to do something it does the opposite.
If it goes this high I’m shorting everything I have.
hey Karl what are your top 3 technical analysis books. I got shabacker and murphy
Bitfinex and MtGox Carl, really, Bitfinex won’t go away, and everything will be forgotten.
If it pumps to 6,700 that would be incredible… pumps like it did from 3K past 4K
Yeah it doesn’t necessarily have to dip completely… but it will come. In times past it has. I believe it will come actually after 6K breakage
the same reason etc did not tank after being hash attacked the miners whales i.e. the rich control most of the supply 90 % if they do not duimp the price will not go down retail only controls 10 % can not affect the price
Hi Carl, could you tell me what book you were using, I’d like to get it. Also any other Tech. Analysis books you can suggest. Thanks for your videos I watch everyone of them.
Bobby Crypto yes people comparing the two have no clue. Bitfinex likely in better financial situation than many exchanges 😂
I guess you haven’t read the legal papers! The answer is in there, I will try and give a summary for you.Basically the New York Attorney General wants to protect the people of New York from this fraud. In order to do so they have accepted that Bitfinex do a “line of credit” which they call it. This allowed Tether to patch the $851 million. But the people at Bitfinex messed about the New York Attorney General and took the piss. In the end after sending the New York Attorney General stupid things like Twitter tweets, their lawyers created a $900 million “loan” from Bitfinex to patch Tether. This is why it hasn’t tanked. There is now a new part to this! Bitfinex is doing a $1 billion IEO to patch this loan and make extra profit in the mean time. Lastly, as I said in a previous comment where people gave rude replies! If you look at Tether in coinmarketcap you will see they created an extra $8 million tether in this rising channel. They can make huge profits by pushing the price of bitcoin up right now and so Bitcoin’s price is “Fake” right now and should push out the top of the rising channel by the whales at Bitfinex. To add salt to the wound, a few days ago a secret phone recording was made hearing the CEO’s tell whales to push the price of Bitcoin up!
me too…definitely!
Hi Karl. Agree with statement that Bitfinex and Tehter should disapear
We’ve seen this pattern before in BTC, the price will go a lot higher.