Ever since #Bitcoin broke out above $10k, things have been looking particularly bullish for the king of crypto; the last few weeks of price action has managed to rekindle the markets love affair with the leading cryptocurrency, putting another run at new all-time-highs back on everyone's radar!
00:08 Intro
01:07 Majority Holding Out for $100k+
05:10 Bitcoin On Exchange at Lows
07:30 Bitcoin Wallet & Search Activity
08:53 Bloomberg Intelligence Analyst
09:28 Attributes of the Ultimate Digital Asset
10:23 Closing Thoughts
But this weeks sharp pullback to below $12k has shaken a few of the Bitcoin faithful, with some worrying that the assault on $14k and above has been called off.
Therefore, today we've decided to bring you some comfort food for thought, on why Bitcoin's bullish fundamentals and strong investor sentiment are still very much in play and this weeks correction could turn out to be a mere "buy the dip" opportunity.
Related Links:
https://cointelegraph.com/news/a-critical-mass-of-long-term-btc-hodlers-seem-to-be-making-100k-inevitable
https://twitter.com/bitstein/status/1295518634895278080
https://twitter.com/Rhythmtrader/status/1201264872941600774
https://u.today/significantly-less-bitcoin-being-held-on-exchanges-compared-to-previous-market-tops-data
https://twitter.com/glassnode/status/1296087237365575686
https://cryptopotato.com/google-searches-for-buy-crypto-at-highest-point-since-january-2018/
https://www.cryptoglobe.com/latest/2020/08/bitcoin-around-12k-bloomberg-says-only-something-unexpected-can-stop-btc-train/
https://twitter.com/mikemcglone11/status/1296032341312372736
https://twitter.com/gaborgurbacs/status/1296071765953843202
- - -
Your source for today's live Bitcoin price & cryptocurrency news, price prediction 2020 and more!
Professional Trading Education - Exclusive Trade Signals - Proprietary Indicators - Mentoring - Community:
https://premium.crackingcryptocurrency.com
Join our FREE Discord Community to learn about the markets!
https://discord.crackingcryptocurrency.com
Follow us on Social Media for the latest updates!
Twitter - https://tw.crackingcryptocurrency.com
Instagram - https://ig.crackingcryptocurrency.com
Facebook - https://fb.crackingcryptocurrency.com
Our primary exchange - ByBit ($90 Free Sign-Up Bonus!)
https://bybit.crackingcryptocurrency.com
Chart with the online software the Cracking Cryptocurrency team uses!
https://reftv.CrackingCryptocurrency.com
Protect your privacy with the VPN that Cracking Crypotcurrency trusts!
https://windscribe.crackingcryptocurrency.com
Protect yourself with a security consultation from the experts Cracking Cryptocurrency trusts!
https://spectre.crackingcryptocurrency.com
Secure your Private Keys and Seed Phrase with an indestructible Crypto Tag!
https://cryptotag.crackingcryptocurrency.com
Support the stream with a donation or sport some Cracking Cryptocurrency gear!
https://CrackingCryptocurrency.com/donate
https://streamlabs.com/crackingcrypto
Patreon - https://patreon.com/crackingcrypto
Merch - https://CrackingCryptocurrency.com/merch
The Exchanges and Platforms we use!
Binance US - https://www.binance.us/?ref=35003942 (Free $15)
3 Commas - https://3commas.crackingcryptocurrency.com (Free Trial!)
Binance - https://binance.crackingcryptocurrency.com (Reduced Fees)
CoinBase - https://coinbase.crackingcryptocurrency.com (Free $10)
Music Credit to Ryan Little - West Coast and EpidemicSound
**DISCLAIMER**
Cracking Cryptocurrency is a publisher that does not act nor pose as qualified financial advisers for any individual or group. The information provided by Cracking Cryptocurrency is for educational purposes only.
Cracking Cryptocurrency does not make any guarantee or other promise as to any results that may be obtained from using our content. Content contained on or made available through the Discord server, YouTube or Twitch platforms, Website, or other venue is not intended to and does not constitute legal advice or investment advice and no attorney-client relationship is formed. We are not responsible for your investment and trading decisions.
00:08 Intro
01:07 Majority Holding Out for $100k+
05:10 Bitcoin On Exchange at Lows
07:30 Bitcoin Wallet & Search Activity
08:53 Bloomberg Intelligence Analyst
09:28 Attributes of the Ultimate Digital Asset
10:23 Closing Thoughts
But this weeks sharp pullback to below $12k has shaken a few of the Bitcoin faithful, with some worrying that the assault on $14k and above has been called off.
Therefore, today we've decided to bring you some comfort food for thought, on why Bitcoin's bullish fundamentals and strong investor sentiment are still very much in play and this weeks correction could turn out to be a mere "buy the dip" opportunity.
Related Links:
https://cointelegraph.com/news/a-critical-mass-of-long-term-btc-hodlers-seem-to-be-making-100k-inevitable
https://twitter.com/bitstein/status/1295518634895278080
https://twitter.com/Rhythmtrader/status/1201264872941600774
https://u.today/significantly-less-bitcoin-being-held-on-exchanges-compared-to-previous-market-tops-data
https://twitter.com/glassnode/status/1296087237365575686
https://cryptopotato.com/google-searches-for-buy-crypto-at-highest-point-since-january-2018/
https://www.cryptoglobe.com/latest/2020/08/bitcoin-around-12k-bloomberg-says-only-something-unexpected-can-stop-btc-train/
https://twitter.com/mikemcglone11/status/1296032341312372736
https://twitter.com/gaborgurbacs/status/1296071765953843202
- - -
Your source for today's live Bitcoin price & cryptocurrency news, price prediction 2020 and more!
Professional Trading Education - Exclusive Trade Signals - Proprietary Indicators - Mentoring - Community:
https://premium.crackingcryptocurrency.com
Join our FREE Discord Community to learn about the markets!
https://discord.crackingcryptocurrency.com
Follow us on Social Media for the latest updates!
Twitter - https://tw.crackingcryptocurrency.com
Instagram - https://ig.crackingcryptocurrency.com
Facebook - https://fb.crackingcryptocurrency.com
Our primary exchange - ByBit ($90 Free Sign-Up Bonus!)
https://bybit.crackingcryptocurrency.com
Chart with the online software the Cracking Cryptocurrency team uses!
https://reftv.CrackingCryptocurrency.com
Protect your privacy with the VPN that Cracking Crypotcurrency trusts!
https://windscribe.crackingcryptocurrency.com
Protect yourself with a security consultation from the experts Cracking Cryptocurrency trusts!
https://spectre.crackingcryptocurrency.com
Secure your Private Keys and Seed Phrase with an indestructible Crypto Tag!
https://cryptotag.crackingcryptocurrency.com
Support the stream with a donation or sport some Cracking Cryptocurrency gear!
https://CrackingCryptocurrency.com/donate
https://streamlabs.com/crackingcrypto
Patreon - https://patreon.com/crackingcrypto
Merch - https://CrackingCryptocurrency.com/merch
The Exchanges and Platforms we use!
Binance US - https://www.binance.us/?ref=35003942 (Free $15)
3 Commas - https://3commas.crackingcryptocurrency.com (Free Trial!)
Binance - https://binance.crackingcryptocurrency.com (Reduced Fees)
CoinBase - https://coinbase.crackingcryptocurrency.com (Free $10)
Music Credit to Ryan Little - West Coast and EpidemicSound
**DISCLAIMER**
Cracking Cryptocurrency is a publisher that does not act nor pose as qualified financial advisers for any individual or group. The information provided by Cracking Cryptocurrency is for educational purposes only.
Cracking Cryptocurrency does not make any guarantee or other promise as to any results that may be obtained from using our content. Content contained on or made available through the Discord server, YouTube or Twitch platforms, Website, or other venue is not intended to and does not constitute legal advice or investment advice and no attorney-client relationship is formed. We are not responsible for your investment and trading decisions.
- Category
- Crypto Trading
- Tags
Be the first to comment
