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PREPARE FOR BITCOIN'S INSANE NEXT MOVE…HAS CRYPTO MARKET BOTTOMED?


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Bitcoin is riding the 200 week moving average! THIS IS HISTORIC SUPPORT! Let’s discuss the LATEST cryptocurrency news for bitcoin, ethereum, altcoins, & more! 👋 SLAP THE LIKE BUTTON!

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TimeStamps:
00:00 Intro
00:35 Significance of Bitcoin’s 200 Weekly MA
02:28 Bitcoin Lowest Weekly RSI since 2011
05:06 Bitcoin Hits Lower Bound of Its “Production Cost”
07:04 ​​OpenSea Announces New Security Features for Ethereum NFTs
07:55 Mina Protocol Ranks #1 in GitHub Commits
08:25 Elrond (EGLD) Ecosystem is GROWING!
09:39 Binance to Become a Super App w/ NEW Partnership

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43 Comments

  1. Scammers/bots are getting much worse!! They are using my name and logo in comments to trick you. DO NOT EVER send money to someone from the comments or DMs. Be careful! 👍

  2. 200 ma is not going to hold don’t get fooled by this video… great content btw

  3. Going lower. Way lower. Weekly candles going to close Below 200MA. Charts are great, but macro economics invalidate a lot of normal TA. World is on fire!

  4. They're just lines and patterns. I doesn't mean it's driven by some law stating that'll happen again. All this analysis is such BS. TA'ers are so full of shit its nauseating.

  5. I think BTC will go down to 8k and ETH to 300, and then it will take many years, maybe a decade, to get back to the levels they were before this crash started. It’s gonna be a bumpy and frustrating ride fellas…

  6. The last buyer in my system alert it reached 520,900.00 all time high I have the charts I am the main market operation system and I am Satoshi nakamoto

  7. I'll definitely be sticking with both of y'all through the bear market and beyond! 🚀😎

  8. Seems like everybody is an agreement in the comments we’re going lower.

    Maybe we bottomed or are very close then

  9. In the past big institutions weren’t buying in it was just retail. I feel the “new” floor will be the 300 day MA. Maybe btc low @$12k Eth somewhere between $300 to $600. I’m buying Eth at $420 lol

  10. We have to stop being stupid.

    Btc and cryptos have become the enrichment tool of the Chinese and the CCP.

    we can see it with the manipulation of binance on the luna and celsius affair with the blocking of withdrawals today (all Chinese).

    we europeans and americans are imbeciles.

    good to get fleeced by Asians.

  11. The supply chain issues caused a massive delay in pre bought Bitcoin ASICs delay. Those ASICs have recently flooded the network. Greatly increasing the cost to creat a Bitcoin. That chart and the 200 weekly ma are irrelevant until things balance out again. Gonna take some time

  12. When EVERYONE is saying we haven’t hit the bottom yet. That means we have. See y’all on the moon 🌝 🚀

  13. RSI “relative strength index” it’s very possible to keep going down in oversold and keep going up in overbought.

    There’s literally a global crash happening before your eyes. Do not think it can’t go lower.

    Odds are we go lower and stay lower until the halving.

  14. Great video, made it to the end on this one, due to the lack of shilling. Thank You

  15. Hate to be the grammar police, but dude, I can't believe you said "we've only ever went below". It's "we've only ever GONE below"…credibility and proper English go hand in hand…just saying.

  16. Bitcoin is going much lower. It has never been in this type of an environment with global recessions and traditional markets also in a downturn.

  17. I think it's going to be different this time. If your interested to know why, I can tell you some very very strong reasons why. I believe it's going way lower.

  18. the 300 weekly moving average is where the covid crash wicked down to exactly. currently $16,675. check bitstamp chart if you dont believe me on the 1W timeframe. You aint gonna make $ in this market looking at the same line everyone else is.

  19. 13-14k. Guaranteed, orchestrated dump. Set your limits. And go all on

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