Another Accurate Bitcoin Price Prediction (going on the record again)

[gogoi]

Lots of fear and fatigue in the markets with sentiment fairly negative. People capitulating.

In this video I am going on the record to give my Bitcoin price prediction. The truth is there is lots of fear in the market right now but if you take a step back you get a much clearer picture.

I also give you an absolute edge in the markets and take all of the emotions out of trading Bitcoin.

https://youtu.be/BOsqXm1YFcE

[hugeblack]

Thank you for preparing the video but your Bitcoin Price Prediction is to check the price chart on tradingView then talk or discussions without being assigned any technical analysis.
you started to publish a lot of videos so I hope to talk about technical analysis and try to teach it accurately and know the impact of news on prices.
Credibility and correct info will bring you a lot of views instead of analyzes and guesses that may be correct and may lead to losses.

[darkangel11]

Pretty accurate for now. I also believe that we won't go below 6k. I thought so last year and when we went lower to 3k is said to myself that it has to be a manipulation and decided not to even participate. I took a break from investments, kept holding, turned to my family and other hobbies. I still think that a fall from 5 to 3 k was manipulated by wall street trying to short and induce fear into this market. Maybe even the US government had something to do with it. They can print as much money as they want and crash this market whenever they want.

It's obvious that a large number of holders, including myself, stay away from  the market in such periods. What decides the price is a handful of rich dudes doing their best to make newbies who entered the market this year to give up and sell. The easiest way to do it is to buy OTC and dump it all at once to liquidate longs and buy them out lower.

I wish the prediction comes true and this will once again be a higher low from which we'll move to retest 10k.

[Wexnident]

Pretty accurate for now. I also believe that we won't go below 6k. I thought so last year and when we went lower to 3k is said to myself that it has to be a manipulation and decided not to even participate. I took a break from investments, kept holding, turned to my family and other hobbies. I still think that a fall from 5 to 3 k was manipulated by wall street trying to short and induce fear into this market. Maybe even the US government had something to do with it. They can print as much money as they want and crash this market whenever they want.

When the drops are quite fishy, You know somethings up with the whales and their small hands being ready to manipulate the market. It is still rather hard to obtain an accurate answer to all our questions. Great video analysis and kudos to you for being one to be able to predict BTC as of last time.  I also hope prices don't drop further 6k, cause if it did happen, it would almost symbolize that the market is REALLY crashing, one that can't be controlled by the whales anymore and BTC itself would be collapsing the order if we were to try and control it from there right?

[magneto]

Pretty accurate for now. I also believe that we won't go below 6k. I thought so last year and when we went lower to 3k is said to myself that it has to be a manipulation and decided not to even participate. I took a break from investments, kept holding, turned to my family and other hobbies. I still think that a fall from 5 to 3 k was manipulated by wall street trying to short and induce fear into this market. Maybe even the US government had something to do with it. They can print as much money as they want and crash this market whenever they want.

It's obvious that a large number of holders, including myself, stay away from  the market in such periods. What decides the price is a handful of rich dudes doing their best to make newbies who entered the market this year to give up and sell. The easiest way to do it is to buy OTC and dump it all at once to liquidate longs and buy them out lower.

I wish the prediction comes true and this will once again be a higher low from which we'll move to retest 10k.

I agree with that.

I don't think that $7k will hold as support, but $6k likely will. I doubt that the bearishness will continue for much longer given that next year marks the halving, which is seen as a very bullish event.

What I'm expecting is a sizeable rebound Jan 2020, because of psychological factors and historical pumps that occur during that first month. Sometimes markets are all about psychology and emotion and there may not be real fundamentals to back up either dips or rallies.

[LUCKMCFLY]

~snip~

I really like the focus of your video.You have to take something into account, the majority of sales have been from the weak hands, there are many who let their decisions on the market be guided by the news, and on the part of China many things are happening that are favorable only for them to promote your cryptocurrency, but speak badly about Bitcoin, somehow this may be affecting something to the market.

The weak hands have no capacity to move the market, the whales do, and they may be taking advantage to buy cheap, some hunting stops, and many waiting for the bullish rally, because at any moment it can happen, there are many waiting for a major fall, but The market always does the opposite of what most people think.

[BitHodler]

Of course there is a lot of fear in the market, it has gone down like $3.7k after the spontaneous pump to $10.4k that shocked the entire market. No one expected that pump to happen and it made a lot of people very bullish.

The volume that was generated with that pump was ridiculously high, yet it turned out to be just a pump and dump. I should have sold but as a hodler you act irrationally and keep hodling unnecessarily, which sucks now.

[Silberman]

Pretty accurate for now. I also believe that we won't go below 6k. I thought so last year and when we went lower to 3k is said to myself that it has to be a manipulation and decided not to even participate. I took a break from investments, kept holding, turned to my family and other hobbies. I still think that a fall from 5 to 3 k was manipulated by wall street trying to short and induce fear into this market. Maybe even the US government had something to do with it. They can print as much money as they want and crash this market whenever they want.

It's obvious that a large number of holders, including myself, stay away from  the market in such periods. What decides the price is a handful of rich dudes doing their best to make newbies who entered the market this year to give up and sell. The easiest way to do it is to buy OTC and dump it all at once to liquidate longs and buy them out lower.

I wish the prediction comes true and this will once again be a higher low from which we'll move to retest 10k.

At some point in time I believed the same but if the whales are determined to manipulate the price to try to shake weak hands out of this market then it is likely that they will try to crash the price as much as possible to try to scare people away from the market and get even more bitcoins in return, some people may wonder why they do this when they are losing money as well but I think the objective of the whales is to get as many bitcoins as possible and that is only possible by crashing the price.

[Harlot]

Bitcoin did hit 6,500$ last week but it didn't hold that much long and it quickly get back up at around 7,000$ so I think you got one of two thing correct. Also on your video you mentioned that you are recommending DCA for traders which I think os a bad move in a volatile market since DCA doesn't fully maximize the opportunity we have in a volatile markey. If you recommend DCA I think what I would recommend is shorting Bitcoin even if it is just 500-700$ difference you are still maximizing your capital.

[shield132]

Pretty accurate for now. I also believe that we won't go below 6k. I thought so last year and when we went lower to 3k is said to myself that it has to be a manipulation and decided not to even participate. I took a break from investments, kept holding, turned to my family and other hobbies. I still think that a fall from 5 to 3 k was manipulated by wall street trying to short and induce fear into this market. Maybe even the US government had something to do with it. They can print as much money as they want and crash this market whenever they want.

It's obvious that a large number of holders, including myself, stay away from  the market in such periods. What decides the price is a handful of rich dudes doing their best to make newbies who entered the market this year to give up and sell. The easiest way to do it is to buy OTC and dump it all at once to liquidate longs and buy them out lower.

I wish the prediction comes true and this will once again be a higher low from which we'll move to retest 10k.

No, US government don't had anything to do with it and despite the fact that they can print as much money as they wish, it can't crash market cause printing such amounts of money will cause crash of USA's market at first cause US citizens will have to pay so huge debt.
And yes, in such situations a lot of holders stay away from market and statistics proves that too: 64% of bitcoin supply hasn't moved since 2018
Good video OP, try to upgrade microphone and edit voice in future when you'll hit 10K subscriber and it will help you to attract new people and better monetize your channel.

[panganib999]

Seeing as how BTC failed to push through 8k, I guess a lot are now doubting the market of BTC, specifically those new traders. Pretty much just fear right now in the hearts of most newbie traders, which leads to them selling BTC suddenly. IMO, this is actually the timeframe for whales or even just traders to start accumulating BTC. Its a great opportunity since the chart is pretty much moving sideways downward and doesn't really show much of a movement towards a bearish or bullish run.

[Silberman]

Pretty accurate for now. I also believe that we won't go below 6k. I thought so last year and when we went lower to 3k is said to myself that it has to be a manipulation and decided not to even participate. I took a break from investments, kept holding, turned to my family and other hobbies. I still think that a fall from 5 to 3 k was manipulated by wall street trying to short and induce fear into this market. Maybe even the US government had something to do with it. They can print as much money as they want and crash this market whenever they want.

It's obvious that a large number of holders, including myself, stay away from  the market in such periods. What decides the price is a handful of rich dudes doing their best to make newbies who entered the market this year to give up and sell. The easiest way to do it is to buy OTC and dump it all at once to liquidate longs and buy them out lower.

I wish the prediction comes true and this will once again be a higher low from which we'll move to retest 10k.

No, US government don't had anything to do with it and despite the fact that they can print as much money as they wish, it can't crash market cause printing such amounts of money will cause crash of USA's market at first cause US citizens will have to pay so huge debt.
And yes, in such situations a lot of holders stay away from market and statistics proves that too: 64% of bitcoin supply hasn't moved since 2018
Good video OP, try to upgrade microphone and edit voice in future when you'll hit 10K subscriber and it will help you to attract new people and better monetize your channel.

What an interesting article, thanks for sharing, it is incredible that despite what it has happened since 2018 so much of the bitcoin supply has not moved, long term holders do not really care about the small fluctuations in the price of bitcoin they care about the big potential profits they can get in the future and there are even some that do not care about that and are only waiting for bitcoin to begin to be used as a currency on its own without having to convert it to fiat first.

[gogoi]

Bitcoin has broken out from a reverse head and shoulders and has successfully tested the broken resistance as new support today.

Take a look, https://www.tradingview.com/chart/BTCUSD/h4lwcQ1X-BTC-USD-New-Trade-Alert-Multi-Time-Frame-Analysis/