Cryptocurrency

Bitcoin; BAD to WORSE Unless Crypto Buying Re-Enters At This Price.



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⏰ Timestamps
00:00 Crypto Correction
00:44 Total Market Capitalization
02:05 $2T Support Level
03:35 Bitcoin Big Picture
05:35 Intra-Day Analysis

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#cryptonews #bitcoin #crypto

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29 Comments

  9. Eoghan o connor

    Hey Michael, when you say a pick up in volume but the volume is in red rather than green, is that an increased bearish sign then rather than bullish, say if the bar was spiked high but was green? Thanks

  11. Michael K

    The Hanging Man Scenerio:

    The height of the Gallow mechanism: 48,250(also known as the 200 MA).

    The length of the rope to hang the man: 9,000(thus the ceiling of the Gallow at 48,250 minus the length of the rope will equal a bottom around 38k).

    Date of the execution for the Hanging Man: By this Sunday(could move up sooner based on the anticipation of the crowd, who are also known as the "Sellers".

    Bottom Line: This execution cannot be avoided. It is bound to happen.

  12. Mark

    This market is beyond cringe, what on earth am I watching, either we go straight up for 3 days or straight down for 3 days. No corrections just pure oneway street.

  20. Tomas Kovacik

    Michael you are the best your analysis is spot on. It was my first time shorting bitcoin since tuesday. Did pay off. For me this is the best channel. Thank you for everything you are doing.

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