It’s a strange time to say where the big drop comes from but also the hash rate dropped. People expect a pump before the halving but what if the opposite happens and the big mining companies try to wash out the small from the market?! For the mining will be profitable on different price levels then for the small ones. My personal mindset is to keep my dollars safe as long as the halving is in because i don’t believe this drop is done yet. Guys like you give me strange to keep my mindset and thoughts alive. Thanks
like you said that the gap filled from previous bottom, theres two smaller ones that are lower that havnt been filled too, but it potentially could get filled aswell FYI 17th Dec 2018 and 8th Feb 2019 both on daily candle? we could fill those then also overshoot a bit to be be a lower low
Based on Eliote waves, i think bitcoin is in the bear market. We'll continue moving down to the 2000$ ( next 7 months) before seeing an other move to the high and breaking the 20.000 $ . Whats you think james ?
Excelent TA
Here's a different point of view you might enjoy
https://youtu.be/NS4MisJIeX4
Thanks for sharing! Fact is we have no idea how this young asset will ride in uncharted waters.
dow goes down 80% from its top = 6 k, if btc is not the save haven i am afraid we will see a btc of 1 or 2 k
and again top show
It’s a strange time to say where the big drop comes from but also the hash rate dropped. People expect a pump before the halving but what if the opposite happens and the big mining companies try to wash out the small from the market?! For the mining will be profitable on different price levels then for the small ones. My personal mindset is to keep my dollars safe as long as the halving is in because i don’t believe this drop is done yet. Guys like you give me strange to keep my mindset and thoughts alive. Thanks
Nice1 as always. Pls how can I join the patreon. I am based in uae.
like you said that the gap filled from previous bottom, theres two smaller ones that are lower that havnt been filled too, but it potentially could get filled aswell FYI 17th Dec 2018 and 8th Feb 2019 both on daily candle? we could fill those then also overshoot a bit to be be a lower low
Based on Eliote waves, i think bitcoin is in the bear market. We'll continue moving down to the 2000$ ( next 7 months) before seeing an other move to the high and breaking the 20.000 $ .
Whats you think james ?
Thank you for the update
7800 before covid scare, 6200 today, not the worst store of value, as of todays video
The interesting thing is almost everywhere is out of physical gold and silver
James the man ,best analysis in market
Mazda is a great investment long term. They are doing things that have never been done and at one point was "impossible"
James is pretty much the most sane guy u can get your update about markets. also Krown and Alessio and Cryptosniper the rest are pretty much garbage
Cheers James 🙂
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james is back at again with the market up date