HomeTradingDataDashWhy I Think A Bitcoin Sell-Off Is Growingly Likely

Why I Think A Bitcoin Sell-Off Is Growingly Likely

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39 COMMENTS

  1. IMPORTANT REMINDER! Please refrain from interacting with people who claim to be me or share WhatsApp numbers/Telegram handles in the comment section.It's always a scam, and I will never ask you to send me money. Please use caution! We DO NOT have a DataDash Arbitrage telegram group or any other trading groups on telegram.

  2. The inflation is real We are far very from the bottom, But we also need to talk about Amazons AMZTY2 as a gamechanger where we can avoid most of the losses. This is not a joke guys, this is the only chance this year gives!

  3. You might want to redraw that NASDAQ trendline on the real spot chart and not some CFD, and on the linear scale. Then you will see that we actually had the breakout Wednesday already, and your "rejection candle" is just the backtest to make the trendline support.

  4. Great video. I feel a rug pull coming soon and have been taking profits in equities and crypto. I rode it down, bought and rode it up. I want to be better prepared if there is another leg down.

  5. Thank you for the great analysis, but I think that Tesla may have offloaded their Bitcoin because of GAAP optics rather than dumping the Bitcoin asset. Love to hear your thoughts on that.

  6. The opposite always happens of what you say. You're analysis is invalid; the markets are illogical. You talk and show us fancy graphs yet non of your calls for the past month have been right.

  7. Price has surged to 24700 since this video was made, invalidating the "hasn't been able to break past" claim. Sure there will be a sell-off eventually, but before we enter the second phase of a global market sell-off, investors want to push the price to 28K levels during this summer relief rally, before we go down 50% or more from sept to jan.

  8. Wait your saying Bitcoin usually goes up a lot more than the indices on a run…you corrected yourself and said the indices are up 20%…welll Bitcoin has ran up 41% now since the low…so how has it not gone up faster and more than indices??
    Elon sold his stock so he has the cash to pay for the Twitter buyout if the court case doesn't go his way/any of his investors back out who said they'd help in the deal.

  9. You believe in lengthening cycles Nick. You know this is a lengthend bull cycle. In Elliot Wave terms, this has been a wave (4) since April 14, 2021. Since then there has been an ABC correction with the B high at $69000. $17567 could well have been the wave (4) low on 6/18/22. If so then the 14 month correction is the longest bear trend in a bull market in Bitcoin's history. This BTC bull market which started 12/15/18 will most likely last with a 5th wave to come until the end of 2023. First bull market 7/18/10 to 6/8/11 was 325 days. Second bull market was 11/18/11 to 11/30/11 or 743 days. The third bull market was 1/14/15 to 12/17/17 or 1068 days, exactly the sume of the first and second bull markets in days of duration. I'm expecting this Fib number sequence to continue. This fourth bull market should last the sum of the second and third bulls or 743 days + 1068 days = 1811 days from 12/15/18 or exactly 11/30/23. That's when the parabolic 5th wave top will occur IMO. This is equivalent to Bob Loukas' left translated cycle that he expects to end at the end of 2023 in his latest 4 year journey video.

  10. Money is an issue that everyone has for a better and luxurious life, Life was hard for me until I started trading bitcoin and am now earning $18,435 per week

  11. As usual do the exact opposite of what this guy says.
    Get into Luna = don’t go anywhere near it.
    Price going down on BTC etc , it will go up.

    These people have to be called out for consistent misinformation and bad calls

  12. Very Interesting Content, i would also be glad if anyone here can explain a few things for me this is 2022- and I believe it's my time to invest and shine for a better future.

  13. Disagree – Bitcoin is cheap at 24 k – 17 k was the bottom – It reminds me of 2018 when BTC fell to 3 k and everyone was calling for 1 k – we all know what happened next.

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