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Has Bitcoin Bottomed Out?? – My Bullish & Bearish Scenario's/Targets – BTC Analysis

Welcome to Team Underground,

I (Thomas) do weekly BTC price analysis on YouTube. I’ve been full time trading bitcoin for over a year now and I’ve decided to share some of my analysis on YouTube.

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  1. ❗ ❗ ❗ ❗ I forgot to talk about something in this video, I posted it on twitter: https://twitter.com/TUnderground_/status/1264694940765995013

    ❗ Do you want to know how I trade the Bitcoin market (Entry, exit, stoploss) + recieve realtime Bitcoin price updates throughout the day? Join The VIP telegram channel:

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    ❗ Join the free telegram channel for daily Bitcoin price updates and exclusive analysis:

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  2. You have a point there. The trend for TA traders is when the masses of them agree with something, btc does the ooposite. The trend is your friend until the end.

  3. After the move down that happened after you posted this video, the trendline support you drew underneath price is probably invalidated. It also looks like we're dangerously close to losing the 4h 200 EMA and SMA which implies to me at least one more move down.
    I'm new to your channel, and I don't know too much about your analysis style yet, but I'm curious to see where you think the next support levels may be. Thanks for sharing your thoughts.

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