Following the approval of the Bitcoin ETF, as we predicted earlier we witnessed a classic 'buy the rumor, sell the news' event.
Bitcoin surged to $49,000 before plummeting to $38,500. At the time of recording this video, it has recovered to $43,500.
With the recent recovery it seems like bitcoin and the overall crypto market is ready to continue its rally up.
But is that really the case?
Is the dump really over? And if not how low can bitcoin fall? 35k? 30K? 20K?
Lets find out.
In this video, I will go over the previous cycle behaviour, my go to indicators and tools I use to predict bitcoins next move.
At the end of the video I will also show you our latest portfolio and my top coins to buy right now.
By mastering these indicators, you can improve your investment decision-making skills.
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• 1K to 10K Crypto Chall...
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Resources:
Fear and Greed Index:
www.lookintobitcoin.com/chart...
Bitcoin Cycle Master:
www.lookintobitcoin.com/chart...
MVRV Z-Score:
www.lookintobitcoin.com/chart...
Unrealized Profit/Loss (NUPL):
www.lookintobitcoin.com/chart...
Liquidation Heatmap:
www.coinglass.com/pro/futures...
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Chapters:
0:00 Intro
1:35 Historical Average Pullbacks
2:43 1) Fear & Greed Index
4:09 2) Bitcoin Cycle Master
5:13 3) MVRV Z-Score
6:33 4) Unrealized Profit/Loss
7:53 5) Liquidation Heatmap
10:35 Portfolio Update
11:58 Biggest Movers (WAM, WAGMIGAMES)
12:32 Entry Price Levels
12:48 300 Coin Research Spreadsheet
13:12 Top Coins I'm Watching Now
13:40 Outro
Disclaimer:
Historical results does not guarantee future profits.
None of the strategies presented on this channel are trading or financial advice, I am not a financial advisor. Do your own research before using any strategy for live trading.
#bitcoinnews #cryptoinvestment #cryptotrading