🎥 Cryptocurrency Market Overview | 27.09.2019
Hello dear Steemians and Dtubers!
In this video I analyzed again the price chart of Bitcoin, using Technical & Candlestick analysis on different time frames. In addition, I outlined some interesting technical price chart patterns and candlestick formations.
I also mentioned my yesterday's post in which I wrote about the current drop of Bitcoin's price and in which I did a Fundamental & Technical & Candlestick analysis of Bitcion.
After that, I commented on interview on CNBC with Morgan Creek Capital Management's CEO Mark Yusko, in which he talked about Bitcoin and if it is worth buying it at a level of $8000.
Then I talked about the Market Cycle Gurus on the financial markets (based on my experience), their impact on the audience and I also talked about if it is worth following Market Gurus.
Enjoy watching the #video and, please, comment!
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last over 13 years, and as a cryptocurrency analyst for the last 2,5 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency trades, investments and etc.
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Thanks for a really great video @cryptospa, and a long one, nice analysis of bitcoin and advice to not catch a falling knife, it's no longer consolidating but with the now significant lower first local low since the beginning of the year it's a clear downtrend, and the only way up is to fix it's fundamentals with the scalability, and that is not seeing much, if any, development.
And nice that you pointed out that interview, he clearly don't know what he talks about if he says that the number of transactions are constantly increasing, and also very interesting about that guru theory and how they go up and then fall down, maybe someone should institute some futures on them.
Have a really great weekend, and good luck meeting that crypto developer, and stay awesome!
Thank you for the awesome comment, @flaxz!
Yeah, it seems the bears will push the price of Bitcoin in the next few months. The Guru theory is definitely very interesting ...
Have a wonderful weekend and recover as soon as possible! Stay awesome and be healthy!
👍😀
Thank you for the analysis of Bitcoin price!
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Glad you liked it!
Thanks for share update information
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You are welcome!
seems like a huge dip is waiting near
Yeah! It seems that in the next few months we will see price much lower than $8000.
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Thank you!
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