Bitcoin -> Consolidation Breakout!?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Bitcoin 💪
A couple of months ago Bitcoin perfectly retested and already rejected the previous cycle high from 2018 and also the 0.786 fibonacci level so the recent rally was quite expected.
Furthermore you can also see that weekly market structure is bullish with Bitcoin creating higher highs and higher lows so there is no reason why Bitcoin should actually reject the previous resistance zone once again towards the downside.
With Bitcoin once again retesting previous daily support we could see another rejection towards the upside but this is definitely a coinflip trade so I am now waiting for a clear range breakout and then I will look for a buy trading setup.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
Cryptocoin
Bitcoin Analysis - More Bullish Signs are Appearing!Traders,
In this video, I want to review four more positive signs that have appeared on my Bitcoin chart:
* Tax Day, Monday, April 18th, is almost past!
* Exchange Supply Low - could be extremely positive if buyers step back in.
* 3rd largest wallet bought 624 more BTC. Whales still buying.
* This appears like it could be an 80% retracement and done!
⛓️ 🔗 Useful Links 🔗 ⛓️
(see below)
Victor Cobra's Crypto Market - A Critical Moment (Part 1)In these videos, I express a little bit of my opinion on the market, as well as some shorter term technical observations. I continue to make some comparisons to the 2018 bear market, even given the recent bullish price action. I also discuss my personal financial plan, and why I've taken steps to secure profit. This is really meant as my own trading/investing journal, and is not meant as financial advice. Please treat this as speculative material only.
-Victor Cobra
BTCUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The Asset Bubble Pop In Motion Pt 2Here's part 2! I realize I forgot to talk about Bitcoin dominance, even though I spoke about ETH/BTC in my previous video. So here's the Bitcoin dominance chart:
In a bearish scenario for the market, I expect dominance to head back towards 50% and above. Stablecoins are an interesting variable, however. If there is a rise in demand for stablecoins, they may skew this chart a bit.
Additionally, here's an interesting study I did about M2 money supply and its relationship to asset bubbles:
As always, this is meant for speculation and entertainment only. Thank you for your support!
-Victor Cobra
Victor Cobra's Crypto Market Update 1.6.2022 Part 1There's a lot to talk about, so this is just part 1 of my market update. In this video I talk a lot about my own personal sentiment and feelings about what's going on. I go into a little technical analysis about Bitcoin, the TOTAL crypto market cap, ETH, LRC, LTC, and XLM.
This is not meant as financial advice - it is meant for speculation and entertainment only.
Victor Cobra's Crypto Market Update 1.6.2022 Part 2Continuation from the first video, since there's more I wanted to talk about. I make some comparative analysis between crypto and AMZN, and talk about the trendline versus SPX, which I noted last summer as a possible buying opportunity.
Again, this is not meant as financial advice - this is for speculation and entertainment only.
-Victor Cobra
Victor Cobra's Crypto Market Update 12.5.2021In this video I talk about the increasing volatility, Bitcoin, the TOTAL crypto market cap, Ethereum, XLM, NANO, NEO, VET, CRO, and LRC. I also talk a bit about Bitcoin dominance.
Overall, the market is finding support at some long term trends, but I don't want to see prices head any lower if we're to remain in a bull market.
We'll see what happens! This is meant for speculation and entertainment - not financial advice.
-Victor Cobra
Victor Cobra's Crypto Market Update 6.29.2021 (Part II - Alts)Part II of today's update! Please enjoy. This is not financial advice - meant for entertainment and speculation only.
-Victor Cobra
Victor Cobra Goes On A Walk - Altcoin Analysis From RODRIGOVictor Cobra needed to take a break. I, Rodrigo, present some analysis on Bitcoin dominance, and the following coins: LTC, ETH, XLM, NANO, NEO, and VET.
Hope you enjoy! Clearly this is for fun, and shouldn't be taken as financial advice.
Yours truly,
~RODRIGO
VENUS (XVS) IN PROFIT! How to Take Profit & Trade Risk FreeThanks, Aqua Hydro Man for the reminder for the update on this coin!
We are in profit and in this video, my objective is to teach you how to eliminate risk as soon as possible. In addition to moving trade into break even (placing sell limits near your entry), you will learn how to use a trailing stop method which allowed you to dynamically move your sell limit higher and higher so that you can allow the trade to run while mitigated the downside in case of a fall.
This is thousand dollar info that your fave gurus charge, FOR FREE! So please just give me LIKE and SUB on youtube guys, I want to grow our community more than I want you guys to pay me!
Oasis Network (Rose) Price Prediction - When To Buy - 2x - 5xQuick update on rose. Glad we waited because we retraced deeper to the 61% fib. If you had entry limits set up you should be up quite a bit already! If you missed the opportunity we might see a retracement as we respect his zone (016) as resistance.
Victor Cobra's Crypto Market Update 5.2.2021 (Part 2)Part two of my market update. I continue to discuss Ethereum, but I talk a bit more about NANO, LTC, NEO, and SLT.
Thanks for watching!
This is not financial advice - again, this is for my personal record and meant for speculative purposes only.
-Victor Cobra
Victor Cobra's Crypto Market Update 12.30.2020 Part 1Hey everyone! Time for a new video idea. Here, I talk about my own personal thoughts and opinions. I also discuss price analysis for Bitcoin, Ethereum, Litecoin, XRP, XLM, and briefly BAT and LINK.
There's more I want to talk about, so I will be making a part two! Stay tuned.
This is not financial advice. This is purely my opinion and should be used for education/entertainment/speculation only!
Thanks for watching. Happy New Year!
-Victor Cobra
ETH bullish bounce & next resistance levels to watch for*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Reversal signals apparent can the bulls push through today?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Victor Cobra's REAL Crypto Update 9.15.20Finally, I was able to make some time to create a video update. I didn't get to cover all the coins I wanted to cover, since there were some other things I really wanted to talk about. I was only able to cover Bitcoin, Ethereum, XRP, and NANO, but I talked extensively about the market from a philosophical standpoint. I also used analysis to re-affirm some of my projections.
EDIT: I did not mention this in my video, but check out the strength of the bounce off the 100d MA on TOTAL (the entire crypto market cap). Compare this with March 7th, when the market dropped straight through. Also the volume looks quite healthy, in terms of "dip buying" here.
Hope you enjoy! This is not financial advice. This is meant for entertainment, education, and speculation.
-Victor Cobra
Victor Cobra's Crypto Market Update 2/24/20Finally a video update! Hope you enjoy. Discussed here are Bitcoin, Ethereum, Dominance, XLM, XRP, NEO, VET, and NANO.
My general view right now is that some consolidation is needed. We can move sideways and slightly down for a number of weeks without ruining the current bullish picture.
This is not financial advice.
-Victor Cobra
Victor Cobra's Crypto Update 11/4/2019 My weekly update on the market. Hope you enjoy! For some reason I can't stop doing this accent, but oh well. In this video I discuss Bitcoin, Ethereum, XLM, NEO, Bitcoin Dominance, and the market trend as a whole.
This is not financial advice. This is meant for education and entertainment only.
-Victor Cobra
Mapping The Crypto Market Cycle - Part 2 is it finally time for at least a mini-alt season? This video is about why I was suspicious of the recent Bitcoin move up, and how the market continues to follow my June-July 2016 fractal pretty closely. Obviously it could deviate at any point, but I find this pretty fascinating.
What I don't mention in this video, is that I figured some big money would be dumped into some alts after profit was taken during this recent move up for Bitcoin. A leveraged long opening at $10K and closing at $30K would net someone an enormous amount of profit. Even a small fraction of that profit could easily ignite a bit of a pump for some alts, particularly with a Bitcoin dominance close to 70%. I mentioned this theory on Twitter. I should emphasize that it's only a theory...however current price action is currently supporting my suspicions, as the rally was sold quickly, and some alts are showing some pretty bullish price behavior (long wicks, increase volume, etc.)
This is not financial advice! This is just my way of documenting my experience with this crazy market. Hopefully you enjoy the ride as much as I do.
-Victor Cobra