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    Bitcoin is about to Do Something for First Time Since 2020 Rally | Steve Courtney



    Bitcoin is about to do something for first time since 2020 rally | Steve Courtney of Crypto Crew. Bitcoin has often repeated a pattern at the start of big moves. These patterns have happened before in 2012, 2016 and 2019-20. Crypto YouTuber and analyst Steve Courtney of Crypto Crew explains his outlook for bitcoin in the next several weeks and months, especially as bitcoin is fast approaching the 48K to 50K resistance. Steve explains what could be a surprise move for bitcoin that nobody is expecting. #bitcoin #btc #alessiorastani

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    View 47 Comments

    47 Comments

    7. @crazylyfy-sb8uf on

      Personally been stacking a lot of AMS600X and cash after DCAing a bit this year. Will buy more if there are any December lows and below I trust that the strongest brand in the world has the power to keep it up and stable

    19. @ll1ldur on

      Alessio this is a such great guest, you and Steve are the best of the best, for analyzing Bitcoin hope you guys keep collaborating in the future.

    20. @winninginlifeDallas on

      The exception to this observation on technicals is the introduction of the ETF and the April 2024 halving. Institutional money, flow, and sovereign wealth funds could create incredible gains in a short period of time. The area of $48,000 is the 61.8% Fibonacci retracement. I’ll likely take some off the table but I’m not going all cash. The dynamics of an ETF is something we’ve never experienced before with crypto in the USA.

    21. @blackmage4501 on

      thank you for this amazing collaboration and I appreciate the value your content has given us(both of you)!
      I thought about something interesting, if you don't mind I'll add it to your analysis. a scenario that neither of you mentioned.

      a possibility for a macro(bigger) abc/wxy from 15k. in other words, if we see an impulse down from the coming local top. there is a possibility only a C wave might follow alessio and not necessarily a 5 wave move to below 15 like you discussed in steve's video.

      also if steve's phase2 theory plays out we might get a 1-2 1-2(assuming we don't go below 31k) but then it'd be less likely for steve's 5.3 theory(suggesting ~80K for the next macro top) to play out because 1-2 1-2 indicates a very bullish move with much higher targets.

      so to fit all theories, at this point I'm pretty much convinced that wheather we hold 30 or fall below it we will probably get some kind of WXY/ABC from 15k to ~80K for a possibly decade long flat correction.

    25. @bh635 on

      Nothing new here practically everybody out there saying the same exact thing! makes me wonder what's actually going to happen either with a sell-off before we get to 48 or with overshoot it a lot get everybody even more bullish then it pulls back massively

    27. @jsanford01 on

      It's not sentiment. It's typical psychological fear and euphoria that is clearly seen on X. We're luckily to live in this era of social media where emotions are so publicly displayed to provide us this sense of sentiment.

    31. @iamloghin on

      Iappreciate Steve Courtney as an analyst. He has well-structured insights, but I don't like his delivery style. It's too clickbait, with too much self-promotion for his own courses. You would think that someone who knows so much could sustain themselves primarily through investments, but it seems like he's desperate for course sales. All of his videos are like two minutes of marketing.

    33. @mathewww3225 on

      The difference in the 2020 bullrun, is he only had 1 box. So literally the last time.. his 2 boxes plan didn't work out..
      But he is still making a whole plan with 2 boxes.. makes no sense

    34. @HavanaPirici on

      I follow Steve over 3 years and he is best and most correct analyst I ever have followed. My favorite. Also I follow you as well and you are also a great one too. Thank you both. Happy coming holidays both of you and your families and other viewers too. 🎁🎉🎊🎂🍾🍹

    44. @JesusEthus on

      Thanks for sharing, but we have to see, what does ETF with BTC price? You see also anomalies like Covid, change every thing and charts does other moves like 3. Cycle! I believe, a pullback will be healthy for BTC, but if the euphoria is big and buyers just push the Buybottom, no body can stop the upward trend. In this moment comes other cenario in game, HIT THE TOP BEFORE HALVING!
      And big drop with bigger correction after that. This is my opinion. I don’t care so much, because I am a holder and know the TOP.😊

    47. @rv8804 on

      Alessio I love you videos super interesting as always. I would love to hear your thoughts on the stock to flow model for bitcoin that predicts a price between 200k to 500K in the next cycle?

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