You guys asked for a video on Litecoin so I briefly talk about why Litecoin broke out of it’s channel but Bitcoin is still struggling to do so. We haven’t broken out on daily and that is what matters so we are still very bearish. A bullish candle on the next daily would be what we need to really break out of this, a fully confirmed large bullish candle!
Please watch the previous videos on Bitcoin crash, for the big picture:
#1. Bitcoin Set to Crash to $6k? Has the BTC Bubble Finally Burst? (this prediction already came true!)
#2. BEWARE! Bitcoin Correction is NOT Over Yet!
#3. Bitcoin Crash Update! – Buyers Are Still Weak, WAIT! – Q/A
#4. Bitcoin Still in Bearish Trend? What is next?
#5. What Bitcoin Needs to Turn Bullish & End Correction!
#6. Technical Analysis is BS & Bitcoin Proved That – Bulls in Sway!
#7. Bitcoin Bull Trap is Unfolding – Heading Back to $6k?
#8. Bitcoin Reversal Zones to Break the Bearish Correction and Turn Bullish
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Please NOTE: I am not giving financial advice, I am not recommending, encouraging or discouraging you from investing at this time or any other time. I am only presenting my view of the market based on my experiences which you need to evaluate and make a decision upon that is wise for you.
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