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Nice black T.
Everyone is on vacation. Probably have to wait until the end of September beginning of October to see some big moves.
Alpha TA right here those bears will never learn u scared u miss out!!!
Thanks Jason. You mentioned the banking crisis as the cause for for last major dip but didn’t reference the recent Fitch downgrade which contributed heavily to the S&P correction this past week. Imho it is important to emphasise these significant external factors and not isolate analysis to just chart patterns.
One fascinating thing that I've been thinking about is how institutions have been pricing in the increase of interest rates. The bears strongest argument is a possible recession and a lagged effect of said raised interest rates.
BUT, what if stocks & crypto will rise when a recession is fully confirmed? Trading has changed to do the opposite of what we anticipate. Low possibility, but I've seen the markets do the unpredictable Everytime. Go bulls baby
Todays BTC price action reminds me of '19 when I first got in. Accumulate when able and stay the course, it'll pay off soon
This year is definitely different, and it's hard to predict the market's movements. I'm in a similar situation, holding onto stocks and unsure whether to sell or not. It's tough with the losses since Q2 2022. Let's hope for the best and carefully consider our options. 📉🤞
16:56 mine shows it bounced off the .382 not quite .50. I think a quick dip down to 26 or slow approach to 28k before next bump up is possible but big crash i dunno i dont see it really but only time will tell i guess
Thank you Jason. I always had a really hard time following BTC until I found your channel.
The halving is just around the corner….. this imo is a buy zone, even if it dumps a little, the 2024 is coming.
Huge bounce in Apple next week. WAY oversold
How do you go from ZERO chance in previous videos to "probably not likely" on testing lows?
Jesus….you analysis is so bad, in general…..macro info means nothing to you as it seems. We will go down…we are not in a bull market…I will revisit your channel when we hit the mcap bottom on crypto to see how yoylu equivalate your emberassing analysis for the last months. If not, I will acknowledge my mistake, however probabilities favour a recession. The bear argument is strong, but bull ignore it due to the rally.
With all the respect Jason, but or you’re really really smart or absolutely ignorant with your predictions. Time will tell.
🔥
Banger
I'm in at 12 k
16:50 he talks bitcoin
To me we are coming down back to 20K or maybe even lower.
BTC is not functional as a currency and has no real enterprise uses. BTC is too slow, too costly and will not scale. Don't buy into hype. BTCs only value comes from mining and it is on a loosing track. Right now the energy cost eats up 52.75% of the returns. What happens in Apr. when it halves again? If the price is the same the energy cost would be 105.5% of your profits. No one will run a rig at a lose. Maybe game over. Also there are way better crypto out. I recommend “Hedera Hbar”. Is now adopted by big enterprises companies. Hedera has done 16.8 billion transactions and is now doing 3 billion transactions a month. BTC has yet to do 1 billion in its life time and it is 8 years older than Hedera. Hedera has solve BTC issues in a big way
I believe Bitbuzzle will go 200x after launch on Binance. The growth potential for the Ecommerce and crypto industries is enormous, with analysts projecting significant growth over the next decade. Bitbuzzle Token will explode.
The fact people want the correction so badly is why it will bounce so hard, buyers will flood in hence why it won't correct badly. On the other side there are no catalysts so you end up in the stale mate trading sideways, the catalysts will be the same as they have always been thou, the inflation and interest rate figures
Hi Jason, when is the best time to accumulate altcoins? Now or later?
Go back and watch videos, said we won’t even break 29k, now not likely. You made a lot of bold statements. Now it’s all not likely… that’s a different stance id think. 27k coming
Great as usual!
🔥🔥🔥
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession– it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.
Is that a crystal ball in the background?
nice video!