Altcoin crash before Bitcoin will hit floor in 2018

In this video, I want to share with you a very powerful idea which I think actually could put you way ahead of everybody else out there who does not know this. You see right now there's a lot of fear, uncertainty, and doubt about Bitcoin, what's been commonly coined as Fud and of course many folks are asking, Hey, when is bitcoin going to stop dropping and start going up again. In fact, what could be the price level at which bitcoin could stop dropping and could start to rise again or put another way? What price could be the floor for bitcoin? So that's what I want to talk about with you in this video. Some very powerful ideas and information I want to share with you. So that was an interesting article recently in Market watch and they talked about what is the cost of producing one bitcoin.

Bitcoin comes to a lows of a February. Will bitcoin can hold these lows and start new Bull up trend?

Now in my previous video that I posted last week, I mentioned some important levels on Bitcoin to keep an eye on and if it does a zoom back a bit here so we can actually see the full picture here on bitcoin. You can actually see exactly these levels on my chart. This is what I'm looking at here is an eight-hour timeframe chart of bitcoin. Let me zoom in here and before I go through these market profiles levels on the right-hand side, let me just quickly do this here for you. Okay, so we're going to. What we're going to do is we're going to measure from this low to this high. So let me just get my Fibonacci tool here. Drag from the low to the high. Now as I mentioned in the previous video, I said that if bitcoin falls below this golden ratio level, that's what you see there to 61.8 percent retracement level.

Bitcoin bull run price to not cross

He'll be glad to know there's a very short and sweet update and outlook here on bitcoin because we've already covered so much detail in the previous video, so as you'll see here on this chart of bitcoin on a four-hour timeframe is a four-hour timeframe of bitcoin. I'm going to show you in a few moments what the significance of these Bitcoin price levels are on my chart. These two thick red lines here, what they mean, and these two thick blue lines on my charts, so I'm going to. Explain to you what they represent and what is the significance of that in just a few moments. Now, let's just go for a moment on the daily timeframe this, switch that to a daily timeframe, and now in the previous video I talked about the FIBONACCI and if you haven't seen it, go ahead and see it. Let me just go ahead and draw the FIBONACCI levels here from the left, from the lows to the high here.



Bitcoin rally that may FAIL and destroy Bitcoin market fundament.


Welcome to this week's update and outlook on bitcoin. Now Fridays, sell off on bitcoin. As you can see here, certainly managed to freak out and scare a lot of traders, a lot of bitcoin investors and traders. But I want to show you actually this drop that you see here was actually quite normal and actually nothing really to be scared about.

Now, let me just put this into context. You see in early April we formed this bottom that you see here this low and then finished to have a nice rally off that bottom. We went through these highs near just about the 9,600 level and what we've seen so far. Let me just bring us a bit closer. What we've seen so far is after this rally, it appears that we're now making a correction, a pullback, and as you can see it rested, arrested, right on top of that 200 moving average at Green Line.

Dangerous Bitcoin pattern that may destroy Bitcoin

See what you must search in chart about Bitcoin and where trend will show us that Bitcoin in danger and we must leave drowning ship right away.


Very dangerous pattern, which bitcoin must not form if it's going to avoid total disaster.

OK, so in this video I'm going to show you what this pattern looks like. I'm going to show you exactly what happens when this dangerous pattern begins to form and how you can recognize it so you can avoid a total disastrous situation.

In other words, how you can avoid being stuck in a situation where the market just keeps plunging and plunging lower and you're stuck there making losses along the way. By the way, even though I'm going to show you what this pattern looks like so you can recognize it, I'm not making this video because I think this pattern is going to happen on bitcoin. In fact, there is no way of knowing at the moment whether this pattern is going to happen or not. It's impossible to predict at the moment whether this pattern is going to definitely play out on bitcoin. Very dangerous pattern, which bitcoin must not form if it's going to avoid total disaster.

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