BITCOIN VOLATILITY - CRYPTO CRASH - TETHER FUD - Explained (By Engineering Student) (READ DESC.)

109 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

aptabora
Published
ANOTHER MASSIVE DISCLAIMER: GUYS, PLEASE do NOT get caught up in "Technical Analysis/Price Predictions" of ANY Cryptocurrency as realistically only Bitcoin adheres to general market patterns, most other cryptos follow Bitcoin WITH FEW EXCEPTIONS (LINK, YFI, YFDAI, Stablecoins). TECHNICAL ANALYSIS in itself is VERY CONTROVERSIAL and most credible financial institutions follow QUANTITATIVE ANALYSIS. Currently there is TWO LEADING INDICATORS for Bullish Momentum, that is: Bitcoin Stock-To-Flow (a Quantitative Model), and the Bitcoin Logarithmic Chart, both signaling a push to 100k by EOY. Other bulls point to Metcalfe's Law and Elliot Wave Theory. As for the bearish, currently the Bitcoin Price in USD is obviously looking ugly, and many are pointing to the Wyckoff Model, which was made apparent in the distribution range, and drop at the YTD top of the Bitcoin/USD Price graph. Bears are looking for a drop to 20k - 10k (some predict as low as under 10k), mostly based on Technicals. But keep in mind guys ALL OF THE ABOVE ARE POSSIBLE, as this is the MOST LUCRATIVE and RISKY Emerging Market Class in the world. If you gained ANY insight to the Cryptocurrency market, please feel free to leave a LIKE☝️, if I could have even just helped ONE person I'll be happy!
Category
Crypto Trading
Tags
Be the first to comment