Currently, I don't believe the potential rewards outweigh the risks of entering right now. Missed profits are not lost profits, patience is key until we retest a level worth buying at.
Just a cryptocurrency update for today since the total market cap broke out of its bull flag after my post yesterday. This video includes the total market caps (with and without BTC), Ethereum, Bitcoin, and a bonus AMZN chart. This is not financial advice. This is just what I'm seeing, and why I think the market continues to move up, despite incessant calls for a...
Bearish conditions are still active believe it or not, and we're right below the massive bearish orderblock from earlier this year. Low volume, tether fud, it's just a matter of time.
Hey, been a week since I've uploaded. I go over my thoughts on why this is, theoretically, the top for bitcoin this week. It's certainly been a long month as far as trading goes!
What if we will get this kind of fractal. It will be perfect. Channel will be confirmed and we will touch 6000!
Simple, don't buy into Supply. Forced to make this due to the amount of positive Bitcoin posts on Social Media right now. If you want to buy it, wait for the break and test of structure.
A short video of what i see in Bitcoin. (Excuse my voice and moments of lag, feeling a bit under the weather) * Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
Hello everyone, many of you have asked me on tweeter and here why im not posting and i told you that i was just busy with work and business, i apologize for not posting videos but dont worry, we are still very early in crypto and there always be times to make money and have fun ! :D In my first 2 trades im doing well, shorted 5580 and longed 5200 and siting on it...
Sorry for the length of this video, but just wanted to post this and explain why I think Bitcoin hasn't dropped as much as people have been expecting. Could still happen, but this video is an attempt to look at the bigger picture. This is not financial advice. This is just my thoughts based on what I'm seeing, and should be used for educational purposes only....
We've crossed the relevant mean reversion pivots and I'm now expecting full retracement! Buckle up, we're about to get over a month of downtrend.
We're squished between the mean reversion pivot and the weekly 50 MA. I do believe the previous move was the UTAD of the accumulation range I am expecting a downward break. Reentry of the 1050 1.25 stdev on the 1h will confirm this.
In this video I talk about BTC & ETH. I also learn how to do stops on tradingview XD Is it time to protect your long postions or do we have more room to run? Lots of questions but I don't have the answer. The best thing to do is lock your gains in with stops & be patient. If your not looking to sell don't even look at btc & don't set-stop because chances are they...
I do believe this is the UTAD and rejection from the weekly 50. We'll see how this plays out!
Expecting the wrench to be thrown in when we hit the 50 MA. We'll see when the pivot breaks, i'm excited to see the downtrend resume.
This is our first video Trading-Idea! Don't forget to like it and comment your thoughts. Yours BFCMInvest
Have a wonderful day all!