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PRICE CHANNEL to Watch on Bitcoin | Imminent Big Move

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Fiat money can buy less and less over time, underlining the value of scarce assets.

As the macroeconomic outlook has recently changed, there’s a lot discussion of an impending deflationary period. Deflation meaning that the value of paper currency actually increases over time. How would Bitcoin react to these new market forces?
We analyse the long term and intra day charts and give potential scenarios for the future of Bitcoin price. Using Elliott Wave Theory, we outline different scenarios for Trading Bitcoin.
Analysing the future of crypto trading with the recent market volatility (and potential bear market), can be a valuable asset as an investment strategy and to your portfolio management.
The analysis is laid out in an easy to understand way, even for beginner stock trading.
The videos help with:
– Crypto trading through Elliott Wave Theory Technical Analysis
– Effective chart patterns
– Measuring trade targets
– Identifying good stops for trades
And most importantly trying to give the right mindset to trade efficiently.
DISCLAIMER: This video is for entertainment purposes only. I am not a financial adviser and you should do your research and have your own thought process before investing in a position. Trading is risky! Best of luck.

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  1. From my experience those so called slope lines don't form a channel and the top one is all that matters as a resistance line. As the price line does a test of the resistance it usually backs off and trades either sideways then up to retest or it trades sideways then declines. Occasionally, the price line will break through the resistance and it becomes support. The resistance line usually touches one bull side dip and bear side dip of the previous price arch. This pattern is all over the market. I haven't been doing this long but I obsessively go over charts to find such patterns and I graduated from Stanford. So take that however you like.

  2. Grayscale is performing Qantitative Easing of BTC. After halving most of
    miners capitulated since profitability dropped 50% and it was expected
    BTC price would drop . There comes Grayscale in agreement with NEW
    MINERS and buys all produced BTC for price between 9000 – 10000 pumping
    price, so miners do not bankrupt and to keep price as high as possible.
    Whenever price goes above 10000, Grayscale sells to Moonboys (notice
    swift price drops above 10000). Grayscale will keep price not allowing
    to drop bellow 7200 which is the miners break even point of
    profitability. Looks like this is so great MANIPULATION that other
    institutional players are joining. You have to be aware that BTC will
    become a playground of big guys which will take money from most of BTC
    enthusiasts and Moonboys.

  3. I believe a correction at this point is very likely if we want a healthy breakthrough to the $10,000 level and above, so yes $8,400 is a good correction level we will reach soon…so now is the perfect time to buy and accumulate irrespective of the bulls being under pressure. The mooning of bitcoin is inevitable and would see the price of bitcoin surpass its all-time highs. What better way than to accumulate your holdings as an investor you should have at least 20 btc in your portfolio before the imminent bull run. That's why I trade daily to multiply my bitcoins using signals provided by a crypto expert named Chris Wade and I have been able to accumulate 15 btc since January. His signals are prolific, accurate and easy to implement in your own trade. Chris can be reached by TeIegram @chriswadetrading or WhatsApp:+14302013302 or Instagram: chris_wade01 for a better understanding of trading profitably.

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