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Bitcoin breaks through some resistance levels. Bitcoin cash also sees a surge. What does it mean? We explain.

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41 thoughts on “Bitcoin Breaks Higher… Here’s the Next Likely Move

  1. i've been bullish as well mostly because the sentiment has been so bearish. and there has been some pretty good things happening in the space – how i see it… tho your perspective is much more precise – ty!

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  4. BCH is mainly pumping because of the fork. I dont know how to call it but i have been trading all those forks/mainnetlaunches. Buy around 2 weeks before and sell around 1-3 days right before it happens. Worked with BTG and EOS mainnetlaunch tho. Keeping my fingers of any BCH event since i would never touch roger ver products. This guy is disturbing the whole crypto space but thats another topic.

  5. Alessio, I love your videos and there is nobody that has teached me more than you did.
    You have really influenced my thinking and mindset, when it comes to watching the market and charts and price action and basic understanding of the market.
    I have one question for you.
    Even tho you are right about the price action of BCH, do you somehow consider that the incomming fork is at least by some part influencing the price of the coin?
    Do you have some technique to balance the fundamental analysis and the technical analysis?
    Because in my opinion, the fork could be at least for 30-40% the reason why the price went up.
    Thanks very much for your lectures !

  6. Alessio – On a more bullish note, take a look at Monero XMR. There is a tradeable pattern against USD and BTC. I don't think the BCH spike was tradeable with technical analysis on any time scale of size. I am more persuaded of a trend change from tradeable patterns than spikes. The Tether induced spike in October was short lived and not tradeable at a serious time frame. Whats your opinion?

  7. Hello Alessio – Gr8 video. Do you think that support/resistance levels (horizontal lines) are more significant than angled lines? If so, you will see that yes angled lines on BTC have been broken but horizontal lines are not. The trend remains down; price below MA200. Sentiment: most 'star traders' on Trading View are now bullish. Their followers may be bruised by the poor forecasts (not your followers). Many true crypto insiders are selling e.g. BitStamp, Bitmain, liquidation of Tether tokens. Institutions are buying but they did the same thing in the .COM boom and lost a lot of money. What are your thoughts on these technical and sentiment points please?

  8. We all know that Oct-Dec  are  the Best months in the History of Bitcoin, its  about that Time of the year where Bitcoin gets to Sky Rocket, so many people are ignorant, they are staying on the sideline, waiting for a move up and the right time to get in. I suspect that the rise will happen in a very short period of time, leaving those waiters behind and their reaction will push the price even higher, so that they will end up under water when btc is consolidating, I know the price will speed up more, then bleed off and have an extended winter and actually go lower than current lows… Then as it goes higher, All we need to do is invest what we’re Holding and make more profit, So we don’t feel the lost in fall of price when it happens again, I discovered a comment of someone giving Accolades to CryptoScholar and also thanking him for helping him increase his Portfolio from having 3.4BTC to 16BTC So i contacted him, Behold I have made 20Btc in less than one month with his working strategies, if you have lost so much during fall or want to increase your portfolio like me, Reach him on *Email/hangout/whatsApp +44 7482 875028,( wesleywillsclinic @  solution4u  com )and thank me later.

  9. In addition to crypto FUD-mongers, there seem to be quite a number of scammers looking for fresh “crypto” meat in the comment sections … Luring newbies/desperadoes with ridiculous claims/gains & scant/phony data. ?

  10. Stop gambling with your money, trade wisely, knowledge is power and there is no shortcut making profits when trading crypto.

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  11. Bch is having a fork on 15th.. thats why.. btc seasonality ?? Please !! And u said go agsinst the horde. There are more longs than shorts.. so u should b shorting now..

  12. Information for the CLASSES: market sentiment + seasonality, is it professional analysis?. Guys be careful with such charlatan analysis, please try to find proper technical analyses. It is not against anybody, please take it with the best intention. Good luck for everyone!

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