Cryptocurrency

BTC/CRYPTOCURRENCY Trading Analysis Update: 23-10-2020. Video 393



Market analysis on cryptocurrencies such as Bitcoin, the indices markets and commodities + occasionally some others. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space.

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31 Comments

  1. i watched it because of the general picture says 6000 dollars crash, but as usual, lots of talk until you get to the point, which you actually never got into, as you are more talking about reaching 20k than dropping to 6k… UNSUBSCRIBED

  2. I'm confident Bitcoin will go as high as 23k then crash back down to 15-16k and bounce around building support before it goes higher. I think realistically 70-80k will be the next cycle top unless there is a black swan event that supercharges bitcoin like the USD collapsing.

  3. nice one. i already ended my btc long
    im still long on eth
    and im in a very good long on xrp. i know its a shitcoin but what do you think, it broke key resistance in my eyes and has massive upwards potential.

  4. People will always want to make profit and 1.5x/2x is an outstanding profit for a short time frame investment. So yeah the price will eventually crash when reached the 20k levels..
    That doesn't mean it will drop 30 or 40+% as we saw in 2018 because the adoption and value offered by BTC and other top crypto currencies now is not the same it was back in 2017/2018. People and institutions will buy those dips and the ground for growth support will be higher. And that's good.

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