/ September 29, 2019/ Bitcoin/ 5 comments

Bitcoin Clickbait? No Massive Reversal. We Drop To 5800, No, Really.

Daily Ten minute report on bitcoin price today followed by live Q and A. Let’s compare our four indicators across the time frames from weekly down to hourly. Then we check Bitcoin dominance and finish the report with an overview of our Patreon Altcoin Market Watch Spreadsheet. Post Report, I take requests for technical analysis on any cryptocurrency.

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Viewer Comments

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5 Comments

  1. I was expecting some fire works ! Lol :-))

  2. Bitcoin and Łitecoin reward halving ‘supply shock’ coming down the track…🎢….🌤

    Last ‘round’ of halvings signaled the beginnings of 2015 – 2017 price surge!

    1. Yep. LTC was at $22 in December so it’s done well in the run up to the August halving.

      Also the BTC and LTC Block reward halvings of 2012, 2015 and 2016 were followed by huge bull runs. The halvings have the same effect as if the production of gold, silver, oil or any other commodity was cut in half every four years.

      However, it can take weeks/months for the full effects of the supply shock to take effect..🌬..🏝

  3. GREAT ANALYS DOUG, I LIKE THE FACT THAT YOU NOT A MOON BOI LOL. COUPLE WEEKS AGO I WAS CALLING FOR 5500 BUT PEOPLE COULDNT UNDERSTAND WHY. GREAT JOB! I LIKE YOUR NEW OVERLAY STYLE.

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