The 2018 Cryptocurrency and Bitcoin (BTC) bubble pop was a huge crash but in this price analysis and prediction video, I outline why I think Bitcoin (BTC) is going to go up in 2018. The fundamental analysis behind BTC shows me that the next move for Bitcoin is primed to be a firm move upwards and supported by the technical analysis of the whole cryptocurrency market, I also see that it's clear we are about to make a violent move up or down in price.
With those two factors in mind, I think it is clear that our next violent move will only have to be going upwards and in this video I go over my reasons for why.
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Seeing a lot of grown ass men crying in these comments that Bitcoin tanked by $1,000 recently.
If you can't see past these short term price changes, there's no hope for you.
Even IF we see the low $4/5,000s, this theory is still 100% in play because the bullflag we're in CAN still work if we drop to 2k etc.
Don't let the point of this video fly over your head like some of these guys lmao
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Those who bought in over $15,000 will not re-enter the market to lose their money again. The bubble has burst. The biggest bubble in history is over. Bitcoin is going to fresh lows. As long as their remains so much optimism and predictions to $60,000 and $100,000 a great disservice is being done and investors will choose not to be lied to anymore.
Honestly, it's pretty easy. Look at the monthly/weekly charts... we are still far away from bottoming out and clearly still in a bear trend. Monthly MACD chart is about to cross bearish, just like the weekly did, and that result was a massive selloff. Once we have weeks/months of sideways action, that's when you know it's time to buy Bitcoin again. Until then, just be patient, because the 2017 bubble has popped. And it hasn't built a good enough foundation to build up the next leg to +50K. Just be patient, guys.
And now everyone will say we are done now this is the bottom please don’t trust ppl on YouTube by the way we made a new lower low yesterday for the year very bearish... this guy doesn’t even know how to use a pitchfork lol should tell u enough
When you take a look at bubbles like uranium in 2007 or gold/silver in 2011 it always takes several years to recover since investors have been burnt and need time to forget about it. Since crypto investors where for the most part first time, inexperienced investors, I assume this could be lingering even longer. As for several remaining HODLERS, there's gonna be a heck of price resistance coming up, since most of them will pull out when they recover their initial investment. BTW, uranium is long overdue for a bull run... and everyone who got burnt has forgotten about it.
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"The fundamental analysis behind BTC shows me that the next move for Bitcoin is primed to be a firm move upwards ..." There are no fundamentals or pls explain what they are.... Such a sucker video to buy into a dump.
To be honest, it has to fall deeper. And if it does, around 3100 dollars is the bottom. It can bounce several times, but the bottom hasn’t been reached. Let’s see how it plays out, but the strong support has been broken and maybe this support in which it is atm is broken as well. Just take a look at indicators.
If you buy BTC just because of the Bitcoin name you might be in for a very rude awakening. If you do not understand the blocksize debate, or the role of Blockstream in Bitcoin (BTC) then you owe it to yourself to learn about these things. Ask yourself what is Bitcoin (BTC)'s value proposition. This is a coin that if more than 200K transactions are made per day, a backlog develops and after that only the highest fees transactions go through. Currently this is about $0.10 but as recently as December these fees were over $100. But this is not an accident and its not a technical flaw - Bitcoin (BTC) has been designed to be this way to meet Blockstream's roadmap for BTC. That is BTC is to remain crippled and to make up for that, 2nd layer solutions like LN take over. If you agree that Bitcoin (BTC) could never have worked as Satoshi Nakamoto designed it and believe that Blockstream has a good roadmap - by all means invest in BTC. For others who believe Bitcoin worked just fine until Blockstream interfered, then Bitcoin Cash (BCH)is the closest coin that matches the original definition of Bitcoin as described in the original white paper by Satoshi Nakamoto. Do not invest blindly - know the technology so you can pick the roadmap that fits you. Bitcoin Cash (BCH) is the better Bitcoin. Join us at reddit.com/r/btc
It going to be a while; no one is using it. They use bitcoin to buy alt. coins in hope to get more bitcoin. We are in a bear market and long as this same cycle keeps repeating with no infection to bump it out. Look for equal tweezer bottoms and then you will know somethings going to happen. There are some good projects getting off the ground. Take the time to read the whitepapers. For example look at Loki, then look at the wallet .. Look familiar; that is because two of the lead / head devs. built it on the best parts of Monero, but solved to many issues, ( Mixins / Rings ), ASIC resistant = less chance of 51% attack, also scales progressive; not like most coins every four years. I will be back to tell you I told you so. lol
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the only bull run i see is the continue drivel of comments; that says btc and crypto is primed for a great leap forward. What ever happened to that lightning upgrade for BTC and xrp
being used instead of wire transfers. Yeah it will go up again someday. There has to be demand for an asset that exceeds available supply. With all these new ico's watering down the
crypto cocktails I just think that you are looking at a longer time frame. Like the Phillies;
maybe next year.
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I agree with you, when I say I'm holding I'm talking about +- 3years, people are crying against me and answer me like "no, you have to wait 100years idiot"... Wtf man speculation is about some years they are all thinking it will pump in 1-2 months lol.
Idiots. Fucking morons hodl2zer. The down trend will continue to ZERO. Crypto clown quacks. Sleep well have fun checking prices night and day watching cryptos tank to shit. Fundamentals and Bitcoin doesn't work idiots.
How will it have a bullrun with no new investors? This market is manipulated right now! In 2018 we will see NO bullrun because new investors stay far away from crypto with these dips !! But thats my opinion :)
While we are all looking at the price of Bitcoin about to "go full Bull" has anyone ever looked at an altcoin called Carebit?? basically its thing is Stabilising the way donations are done to charities. I think its a worthwhile thing and one of the biggest issues of todays society of how donations really work. but by all means check them out and talk to their people before investing. Their Discord is https://discord.gg/AEZJ6w
excellent video mate! i think the same way. you are very right and people will soon see. Mastercard is hiring 175 technical people which of some are blockchain experts. Blockchain is the future and a huge bull run is imminent.
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