Edgy_

Bitcoin Changing Leadership Vs. Ripple

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Hello my dear Bitcoin ( BTC ) traders, hope you're doing well guys!

In this video, where gonna see, how Bitcoin has been changing the leadership role with Ripple:While it saved Ripple during the futures contracts closing, Ripple afterwards managed to single-handedley drag the whole market higher, including grandpa Bitcoin . Now, that we're consolidating, the leadership is changing hands yet again.

Bitcoin is getting tighter and tighter on the weekly equilibrium, which now has all eyes on watch. Have fun watching! (no pun intended) ;)

If you had some value from my analysis, give it a thumbs-up, because the video gets shown to other people then. Make also sure to like & follow me so you don't miss it next time, I'm doing Daily Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges if they get hacked/collapse/close.

About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC .
🀴πŸ’ͺ🏾 Join my team for the Bybit Games and let’s win 100 BTC together!

https://www.bybit.com/en-US/team-detail/?affiliate_id=3096&language=en&group_id=1075&group_type=1&contestId=4&area=english&teamId=321
Bull(ish)shit
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Please look guys on the big picture and how much money is halted to be invested into crypto. This is our hypothesis when only tine percentage will be invested into crypto. Such an approach makes a massive change.
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I swear to God you XRP shillers are absolute lunatics.
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Bitcoin midterm analysis that you need to see
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Sehr gutes Video wieder. :)

Nur das mit diesem "Equilibrium" verstehe ich nicht so ganz.
Woran erkennt man ein "Equilibirum" und sind diese bullish oder bearish?
+1 Reply
Edgy_ Kelthogar
@Kelthogar, Wrong department my dear: I did the exact same video on the German local site, why aren't you commenting over there? => Not sure if it's allowed to comment in a nother language here, at least it wouldn't be fair to the audience as they wouldn't understand.

To your question: Equilibriums are in most cases neutral, some lean more towards bullish or bearish (depends on the slope, if it's more descending or ascending)

=> Bitcoin e.g. is right now in a more descending equilibrium pattern, but I wouldn't call it a usual descending triangle, because as you can see, we are correcting non-linear after the huge run-up.


How to spot an equilibrium is very easy: the price range is getting tighter & tigther. On the weekly we can see this perfectly right now, where we have the 6.000 range to the downside, and 7.400 to the upside.
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@Edgy_, Thx for your reply. Didnt know until know, that there is an extra German section here. I will have a look. :)
+1 Reply
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