HomeTradingDataDashWhy Is Bitcoin's Price Soaring?

Why Is Bitcoin’s Price Soaring?

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#bitcoin #crypto #cryptocurrencies
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42 COMMENTS

  1. TWO IMPORTANT REMINDERS ⚠️

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  2. I am pretty shocked Bitcoin has held up as well as it has over the past few moths. And I'm sure plenty of others with deep pockets are taking notice.

  3. It's hard to believe bitcoin will do well in a recession. Supply and demand will be focused on food, will people be buying digital items when they need money to buy bread? We will see.

  4. According to the model you've shared at @11:39 isn't BTC overpriced right now? Why is this indicating that the price will go up, when the model is showing that it's above the predicted price?

  5. I am a permabull per trajectory on a macro mentality, but when you ask what could take us down? Russia using crypto to subvert sanctions could bring in repercussions for the crypto market. Possible legislation that would take years to revert… Hypothetical, but something worth a thought.

  6. Nick is the real freaking deal!!! He’s the only YouTuber out here with the conviction to have called this upward move. Not only did he nail the 2021 price action but here we are in 2022 proving him even more right!! So happy for my portfolio and also for Nick because it took balls to be as convicted as he has been

  7. There is only one thing that could cause it and that is long term market stagnation.

    People in crypto seem to have very short attention spans. So if things go for 6+ months without a big break to the upside I could see it leading to people on YouTube, Reddit, Twitter calling it a bear market or just not engaging with the space with enthusiasm.

    Do I think this will happen? No, the time to break the camels back was likely this month and I feel like as long as we are in no man's land I sort of feel like people want the price to go up so they aren't going to lose interest. Now if we had reverse for this price action I think I could have caused people to pull the trigger and sell which in turn would cause a bear market

  8. Nick we could be having a sucker's rally because these bankers are scum and breakout candle doesn't have enough volume. The bankers will leave us with the bags so we have to watch our backs and take profits. I want the happy ending and big altseason but I won't even hold altcoins right now. We must be watching everything as the quarterly accounts are due next week and banks may sell after they report holdings.

  9. Hawkish Fed is a pretty big deal imo. Previous cycles didn't have the Fed injecting trillions and removing trillions from the market. History doesn't always repeat.

  10. bitcoin have so much hard resistance at high prices ….. just forget it….. buyers are tired and loaded with debt….. allso btc was a fun fast thing now its slow and flat… who is gonna fomo at thouse levels

  11. with the celcius lending option how would drastic changes in the underlying asset affect the loan? could you take a big loan on btc before it drops ans them buy back your btc?

  12. Great informational video mate. I’m saving this as part of my trading education list that I use to learn more about trading markets. Michael Christensen taught me to implement his awesome daily signals in the trading field. I entered with 2.7Btc and gained up to 8 BTC in two weeks.

  13. I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k.Somehow this video has helped shed light on somethings, but I'm confused, I'm a newbie and I'm open to ideas.

  14. There was no reason for BTC to drop below 5k in 2017 or 1k in 2013. BTC is not a living thing, it can't choose to go below or above ath's so don't trick people that we are in a bull market. history indicates that there will be bear market because cycle repeats itself. There is no other indication that in the history that proves otherwise. You were saying that "BTC has never had a double top it means that we will go 100k" look what happened? You were looking at old price actions to justify that BTC won't see double top but now you are ignoring the fact that there will be a bear market after such a blow off top which was 69k from 3k (almost x17) in 2 years and now you are still expecting it to go above 150 or something lol. It is easier to trick people when they don't understand how much money is required to go that high but for you everything is possible right? BTC can go 5 million dollars in a few cycles, why not? Money is something in your bank nowadays, you don't need to touch it or see it. It's just numbers on the screen. You believe that BTC can go 150k but you don't believe it can go 20k. Why? Are you the one who owns all the money in the market? How can you speak for whales themselves? How do you know what they will do in the cycles? Do you know how many Bitcoins top 100 whales have in total? What is the percentage comparing to the total amount of Bitcoin in the market? Do you understand how they can affect the market as they wish? It is not about institutions or retail market, if it was, then BTC must have been 100k by now. This charlatan always says that institution bla bla bla for years, then why did any big company not buy BTC and make the other companies to rush into BTC when the price was 32k except Tesla which has Elon Musk who is a total manipulator and fraud and he can sell BTC at anytime without getting permission from you. M. Saylor is attending 10000th meeting with Youtubers but no one cares anymore. One day, he can decide to sell his BTC's and BTC's price will go below god knows where lol. This market is not like Gold. Gold's market cap is huge and this is why we know that there is no any manipulator that can affect the price whenever they want except goverments but BTC's cycle can be affect by small percentage of people who has most BTC's so don't pretend like you know everything and claim that BTC is not in a bear market. It is still in a bear market if you didn't notice yet. It has been a year since the last crash that many people cared but now no one cares even if it goes to 70k again because retail hype isn't there. This charlatan makes people FOMO and make them lose money. He claimed 100k in the past and never happened. His friend Ben Cowen is also one of the charlatans. He also claimed that BTC has never went below the price which it held that as a support in a bull run. Guess what, BTC has seen 32k recently but he never mentined it again. He was so hyped in the last ATH and he is talking like BTC would see 100k in a month and what happened? These charlatans knows shit. BTC has a predictable price action it goes up in time and this is what they are counting on while they are guessing anything because at the end of the day they will say that "hey I was right! I said that btc's price would go up 5 years ago and it did fianlly. YaYyy". Bravo, congrats, you are incredible charlatan!.

  15. Crypto currency and NFTS will outsmart the banking system in the nearest future serving as a global fiat. Already making over $60,000 profit from my current investment🤑

  16. Love what you do. I have certainly been recommending you to my friends to check out. Have made good calls and less emotional ones due to your analysis which resulted in more $$ 🙂 thanks a bunch

  17. <The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. <But all thanks to Tracy Goodman for her amazing skills for helping me to earn 19 Btc through trading chart. I believe we are in the spring phase…

  18. We all ask the same question when the price of Bitcoin is falling rapidly. It is difficult for me to look for answers to these questions, so I do not burden myself with this and I am glad that I may have invested usdt profitably.

  19. Nick, does Celsius work outside the U.S? I literally have been just accumulating crypto in the past 4 years, without any trading (which I know is kinda dumb) anyways, the only platform I can use in Saudi is Binance and another dreadful platform called Rain, both of which are shitty and give so little in interest for my crypto.

    Again, thanks for this video. We appreciate you man.

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