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For the first time this year, $48,000 Bitcoin price is hit, with previously cautious commentators increasingly flipping bullish on the king crypto.
Now, while acknowledging the need for a further pullback in an ideal scenario, popular trader Crypto Ed said that the time was right to be “very bullish” on BTC going forward.
“Hope for a little bit more down today, but often in these kind of bull markets, it’s too much asking for,” he said in his latest YouTube update.
Zooming out, Ed eyed an ongoing construction in place since the lows of summer last year. While these could technically still reappear, there were “strong doubts” about such a situation, and should the bullish follow-through occur, the target for completion was beyond current all-time highs.
“That gives me a target of around $80,000,” he concluded.
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Show Notes / News Resources:
β Bitcoin Technical Analysis: https://bit.ly/3DlMYoU
β MSTR $205M BTC Purchase: https://bit.ly/3iUO7Kt
β Analyst Expect Much Higher BTC Price: https://bit.ly/3uDIPZq
β Bitcoin $80K Prediction: https://bit.ly/3iM0mJo
π΄ DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make.ββββββββ Always do your own research and never invest what you cannot afford to lose.
#bitcoinβββββββββββββββββββββββββββββββββ #cryptoβββββββββββββββββββββββββββββββββ #bitcoinnews ββββββββββββββββββββββββββββββββ#cryptocurrency #btc #BlockfiPartner
26 Comments
π° BlockFi: Up To $250 Bitcoin Bonus: (Sponsored)
https://blockfi.com/cryptonewsalerts
About to Explode AmpleSwap Token
Brilliant analysis of the different things to watch for on the different time frames.I'm glad I found your channel. The mind is the man, the poor is in it and the rich is it too".This sentence is the secret of most successful investors. I once attended similar and ever since then I have been waxing strong financially and I most tell you the truth I work with Hilary Blust and got over 11btc. His trading skill and analysis is exceptional…
<<<With the price of Bitcoin climbing again, itβs not surprising that other cryptocurrencies are jumping too. As an invstment opportunity and possible way around sanctions in Russia or elsewhere-this could be very interesting, but given the market's volatility, trading is always a 'Go For' proposition for me. Because the market has been volatile, forget about forecasts because future valuation is just supposition and guesswork. With Mr Nicholas Jon Weachter Crypto signals and insights, I was able to expand my portfolio by 63 B'T'C'. His method is one of a kind.>>>
Don't need a lot of worlds to prove that you're real because I've seen it, all thanks to you and may God bless you for help me clear my bills! π―π€πΏπ€πΏ
Don't need a lot of worlds to prove that you're real because I've seen it, all thanks to you and may God bless you for help me clear my bills! π―π€πΏπ€πΏ
Thank you for always being constant with the videos regardless of market Bull / Bear. It's nice to see the uptrend movement on BTC and few other cryptos however anything can be expected in the long run. Truth is I donβt even care much about bullish or bearish market anymore because Iβm happily earning bi-weekly. Iβve made over 7btc with Chad Leonβs help using his trading skills and method.
Good Technical Analysis Is The Key To Success In Crypto (BTC)π―π―
Well Iβm a Professional binary option trader, Binary option is an online forex trading (stocks,currencies and gold), it's one of the highest paid investment treasury in the world. If interested DM me…
Aloha JV! Nice show, always good to catch up on the haps with CNA… good work as usual! Auryte! m/
nice video please can someone help on how to start an investment with crypto , i need an expert trader that i can invest with and I don't understand how it really works. Can someone guide me on the right approach to invest and make good profit from bitcoin and stocks investment
Hello ,I'm a newbie in crypto,, what's the best way to get started with trade cos I've been making my personal research for a while now
Great informational video mate… I'm saving this as part of my trading education list that I use to learn more about trading markets. Marie Ferguson taught me to implement her awesome daily signals in the trading field. I entered with 2.7Btc and gained up to 8 BTC in two weeks…
$80,000 this year seems reasonable. I spent a lot of USDT during the bear market so I'm prepared for it.
How will i know a nice trader from a good investment company to invest with???? I really feel left aside hearing and seeing several testimonies from people on profits they make from crypto/Forex investments. Can someone please recommend a good company and a professional trader that can trade on my behalf and generate profits for me??????
The crypto market has been favourable in the past weeks, I keep missing out on this opportunity. I'm most certainly very impatient, how can I ever make a profit in cryptocurrencies
I believe < that the inflation is already priced in crypto market since the end of last year. These manipulative rats are always 2 steps ahead of everybody because they are market makers. I hope Iβm wrong and they wonβt keep dumping it on retail investors as always. Those who hold the longest will profit the most, I trade and hold profits keep up the great work! and also Mike Hart has been doing a great job reviewing all chart, trade and techniques stayhomeon BTC which has enhance the growth of my portfolio from 1.74BTC to 8.9 BTC lately.. <You can reach Mike on Ν²eIΡΙ ΙΎΞ±mπMiketrade70.
Very insightful Totally agree with the detailed analysis on this podcast. Price action wise bitcoin is trading inside a large rectangle pattern with higher lows and lower highs towards an invisible apex. On the S/R side price is now displaying two main levels, the main level to reclaim remains 46K/33K. A break below the second one, may imply further chances for reaching the target in the south at the swing low. I underwent a series of trading losses I'd best not talk about before being introduced to Kate Weller . her careful guide and employing her Signal strategies for my trades has been a great experience. Kate's signal algorithm based on unique combinations of trend-momentum-volume scanners I've accumulated over 11 Btc in 8weeks.
thanks for your analysis man! i really hope i will actually see this $80k on bitfinex before this summer
Very good video! I believe our economic system has become corrupted beyond repair if you ask me. There has been so adjustments to the economy through new tools in statistics that I believe in some ways we are over complicating matters and in other ways we are making things too simple. I believe the greatest goal in an economy should be sustainability, not just through statistics but through real results everyone can see and not just be told " These are the statistics" while the reality says something completely different. All thanks to Mrs. Robin for guiding me on how to invest, trade and earn with her trade strategy, so far i been able to day trade with her accurate trade strategy and won trades of over 16 btc as dividend and still trading to accumulate more… and can be reached on her
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While bitcoin's wild <price movements might seem random, they are often driven by the same fundamental catalysts as in the traditional markets. Some claim bitcoin is impervious to shocks that affect global finance; it's a hedge against things like inflation and a sure bet against tides of uncertainty. Moves within traditional finance can boost or burn bitcoin's price because they determine how easy it is for financial epicenters like Wall Street to invest in bitcoin…Keeping all this in mind, it is important to trade with the right strategy when going into the crypto world. David Mayor has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my port folio to 19BTC lately..
You made it so much easier for me to get my money,otherwise I would have to wait for at least a couple of more month .from the button of my heart a sincere thank You .people like you are what we truly become to aspire (name above)
You made it so much easier for me to get my money,otherwise I would have to wait for at least a couple of more month .from the button of my heart a sincere thank You .people like you are what we truly become to aspire (name above)
You made it so much easier for me to get my money,otherwise I would have to wait for at least a couple of more month .from the button of my heart a sincere thank You .people like you are what we truly become to aspire (name above)
You made it so much easier for me to get my money,otherwise I would have to wait for at least a couple of more month .from the button of my heart a sincere thank You .people like you are what we truly become to aspire (name above)
I remember when I just got into crypto back in 2017 but later in 2018 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2021 and looks like we have the same mentality, I admit that seeing a -50% hurts but it's not a realized loss until you sell. Now I buy and just trade and I'm super picky who I listen too for crypto analysis..with William Henry Morgan Signal in few weeks, I have made over 6BTC with William Henry Morgan Signal in few weeks, this is one of the best medium to backup your assets incase it goes bearish.