OK Bitcoin is looking good. In this video I talk through the fact price closed above monthly down-candle opens and so far trends remain healthy.
Quick glimpse through the books show some resistance at the 70k range as discussed in previous videos and that after recent moves at the date of this video liquidity from 67 to 62k is a lot a bit more flat at the moment. As described in the video maybe good idea to have some orders place at 63k range just in case they decide to flash crash this to wipeout some leverage out of the system.
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Be aware Books on Coinbase and Binance all the sudden seem to be very illiquid on the Bid side and exchange inflows seem to have grown very fast.
Thanks! I always learn something new with your vids.
D7R
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@wbto, that is good but keep in might there is subjectivity to everyone's analysis.
simplejoe1
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great update. have been waiting. thank you
rv_tradeto
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OMG...I was waiting for you to post! Thank you so so soo much!
poplach
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I think the thing you showed in this video like it falls down with one candle will happen and we close weekly candle red and monthly red too which might open new opportunities to drop to 30k. And if we succeed in breaking down 30k (with minor rebounce of course) that means we get 'M' on a monthly and we can forget about BTC price higher than 30k for couple of years. That sounds like an opportunity and a really possible scenario. but we will see.
Heather820406
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Things were quite uncertain for some time. Volume is still questionable. Thanks for the update :)