What the drop in bitcoin and ethereum actually means. Bitcoin and ethereum dropped this month to close the lows of June. Fears are …
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What the drop in bitcoin and ethereum actually means. Bitcoin and ethereum dropped this month to close the lows of June. Fears are …
source
I knew your video would be out very soon after the big dip. Thank you for providing clarity Alessio 👍🏻
Alessio you are amazing!!thanks for the content
THANK YOU
Alessio we aren't doubting your ability to call probabilities. We know you have the skillset. Ever since BTC essentially did the double top back in 2021, and all eyes in a global recession, the argument for BTC should be that of whatever SPX does, from a price performance perspective.
that trendline is bogus, it goes to 19-20 k not 23
? BTC is not functional as a currency and has no real enterprise uses. BTC is too slow, too costly and will not scale. Don't buy into hype. BTCs only value comes from mining and it is on a loosing track. Right now the energy cost eats up 60.74% of the returns. What happens in Apr. when it halves again? If the price is the same the energy cost would be 121.44% of your profits. No one will run a rig at a lose. Maybe game over. Also there are way better crypto out. I recommend “Hedera Hbar”. Is adopted by big enterprises companies doing over 3 billion transactions a month and has done over 18.2 billion transactions. BTC has yet to do 1 billion in its life time and it is 8 years older than Hedera. Hedera has solve BTC issues in a big way.
props to the creator for breaking down the charts of both Bitcoin and ethereum with such detail
that symmetry thing with the Fibonacci extension is pretty dope
but here's my two cents, while technical analysis offers a lot of insights, it's also kind of like reading tea leaves at times
the crypto market is wild, man, and a lot of factors outside the charts, like news and regulations, play a huge role in price movements
so solely relying on TA might not be the best strategy in such a volatile space
still, the breakdown is super insightful for those looking to get a sense of where the market might head next
big ups for that!
Thanks Alessio. Can you do an update video on TLT & SLV? Thanks
I learned from you the market bottoms not at the fed pivot but after the fed pivots. Thanks
Thanks as always Alessio….anyone who does not have an open mind or cannot pivot in a dynamic and quick way based on PA, wont make it in this game…..
Good job as always
we got a red heikin ashi candle printed on monthly for bitcoin 🤔
watch out for a head and shoulder pattern forming after dropping below the pivot low of 24770. Personally, I'm looking for a rejection at the gap that formed on bitcoin futures cme.. ticker id BTC1!
Great video any updates on gold and silver? Looks like silver is right on trend line gold slightly below 🙁
Your analysis on Tesla was on point 👌🏼 the price bounce at 215$ support like you said 👍🏼
👍💯
how come you don't discuss any TA if it doesn't fit the narrative? For example, Bitcoin is below all of its major daily moving averages. Its also below most of it's weekly moving averages as well, even the once importantly touted 200 week moving average. Also no trend line before 2020? Most likely because the chart is completely broken. Connecting only 2 points for a trend line makes it a very weak trend line. BTC/Crypto looks like dead money to until after the next halving. Bitcoin is trading like a "real" asset now (i.e., Gold), which means the days of exponential growth are over, FTX exposed the scam that cryptocurrencies are just digital tokens. Anyone can make them out thin air (~using cryptographic software and computer hardware).
we are going alot lower.
The people who think this the beginning of a larger crash are simply suffering from ptsd they got from the last bear market, which we exited at the start of the year.
We are in a bull market, phase one until the halving then onto the explosive phase 2 stage after the halving!
Its not going to hold that line, BTC is coming down to $12-13k eventually
hope we go in 8-12k )
The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich
There’s a big gap in btc in CME at low 20k, that’s going to get closed
Good analysis Alessio. Do you have any Elliott Wave perspective. Don't worry about repeating yourself, it helps to solidify your point.
Wenn man vor der Pensionierung nicht bis zu einer Million verdient, ist das ein unerfüllter Ruhestand. Ich bin 55 und meine Frau ist 51. Wir sind beide im Ruhestand, haben ein Nettovermögen von über 3 Millionen US-Dollar und keine Schulden. Wir leben derzeit klug und sparsam mit unserem Geld. Wir geben der FED nicht länger die Schuld für unser Unglück. Das Sparen und Investieren an der Börse hat es uns schon früh ermöglicht. Bis jetzt verdienen wir wöchentlich.💯
Shib
I also think we're going to do further correction below, before going up again in long term, for the next major bull run. Daily RSI is hitting pretty low but not weekly yet. We can only predict, but market will surprise us. Thanks Alessio for the TA.
Excellent video. Merci!
no it won't. next video.
This is a great video I really appreciate the dedication in each video you post, I learn a lot watching your videos and it has always been helpful to me. Building a steady income is quite difficult for newbies.. Thanks to Mrs. Aubrey Richardson, for improving my portfolio. keep up with the good videos.
if Covid will return???….And are many indications , it will ….the Demand destruction event will crumble one more time everything!
the word crash is overused, retracement world be a better fit.
Hello Alessio, what do you think about the 'bitcoin 5.3 theory' which predicts the next ATH will be about 415% increase from the current cycle bottom?