Cryptocurrency

The Bitcoin Pattern Forming Now and CRITICAL Levels (what they mean)



The bitcoin pattern forming now and critical levels (what they mean). Since the bitcoin crash in June we have seen the crypto slowly move up in a channeling pattern. This is often referred to in technical analysis as an “ascending” or “rising” channel. However, what does this pattern really mean? Is there only one interpretation of this pattern or are there multiple? In this video we examine some of the potential scenarios that may play out on bitcoin, specially if price breaks the channel, and explain their likely meaning. #bitcoin #btc #alessiorastani

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Trading has large potential rewards and also large potential risks. You must be aware of the risks and be willing to accept them. Don’t trade with money you can’t afford to lose. We are neither an investment advisory service nor an investment advisor. Data and information provided are solely for educational purposes. Nothing in this channel, videos and the information provided in it should be construed as a recommendation to buy or sell stocks, ETFs, futures, indices, forex, cryptocurrencies, commodities or any market. The past performance of any trading system or methodology is not necessarily indicative of future results. Current analysis can change due to future market events. Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated, therefore anyone considering it should be prepared to lose their entire investment.

19 Comments

  19. Alexander Harper

    < first got into BTC back in 2016 and have been hodling/buying sats at different price points since. I've been through corrections before and will likely experience more over the future. Volatility is simply the price one needs to pay if they want to play. I don't have any Alts as I'm a bit of a BTC Maxi, but that said, if BTC hasn't died before, it surely won't do so now. Stick in there – yes we are all feeling the pain, but over the long run this will just be a blip. This is how I see past corrections when I felt that I got in at a high (back then I think it was less than $1000 and bouncing all over the place!). Now when I look back, all I see is regret for not having the courage in buying more at those times. But if you believe BTC has value, then by all means, buy the dips if you can afford to. For those who got in at 60 or 70K and feeling the crunch: hang in there. BTC is not a get rich quick scheme. Wait it out and you will see: you will come away stronger. I buy and just trade long term more than ever, I have made over 11` btc with 3.1btc in just 5weeks from day trading with Expert MR. Barton L William Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish. Technical analysis is my second You can reach Mr. William on ͲeIєɠɾαm @ Bartonsignal. Cheers thank me later.

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