Is Bitcoin going to $5.000? Technical Analysis [2018]

in cryptocurrency •  7 years ago 


In today's special episode we talk about the possibility of Bitcoin going to 5000 from a technical analysis standpoint. I start off with the weekly chart, first looking at the correction, if it constitutes a core trend surpassing the 61.8% Fibonacci retracement. After that we look at the previous cycle of rallies & corrections, and how probable the 5000 range is. After that I go into the Weekly & Daily chart, showing you which pattern might be at play here right now, and if anyone calling for 10.000 or some other number has anything to do with technical analysis. I finish off with the live 4 Hour Chart, showing you that Bitcoin is trying to build a higher low right now. If you find my analysis helpful, please like & subscribe, I will be doing those daily from now on! ;) About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.


▶️ DTube
▶️ IPFS
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Subscribed as I watch this intro roll, great work! Man, you have a new follower for sure. As I watch this, you can see just how the market is moving. What program are you using for this, if you don't mind me asking? Great work!

Hey man. thx so much for your feedback! ;) Sure: I use Camtasia for mixing the intro & my screencasting. I just started this week with Youtube videos & also on @dtube for Daily technical analysis.

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.youtube.com/watch?v=EXCpo3ySHkg