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Thank you for the 20,000 subscribers and 1,000,000 views! Your support is what keeps this channel going. Today’s video is a follow-up price prediction on Bitcoin. As stated in the video, it is highly recommended that you check the indicators that I used in this prediction daily — as a significant change in their values will likely signal where BTC will move in the short-term. Here is a link to my previous price prediction:

Type in: ‘Bitfinex Total Longs/Shorts All Coins Aggregate’ to get the sentiment indicator I referenced
Open Interest + Liquidation Data:
MDR and order book data:

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Disclaimer: The content covered in this video is NOT investment advice and I am not a financial advisor. The material covered within these videos is for educational purposes only. Always do your own research and only invest based on your own findings and personal judgment. Happy Trading!

28 thoughts on “Bitcoin Price Prediction + 20k subs!

  1. You said something to the effect of “we might get one more spike up with a long wick”. That would probably screw a lot of people over., wouldn’t it?

    Strategy: Put in a limit order to sell short just below 4000 (before bed).

    Thoughts?

  2. I like the channels that have around 20k followers. Fewer moon-morons in the comments. Serious technical channels like yours tend to stay on this level because they are not attractive to individuals with very short attention span. I hope you don't change your style anytime soon!
    Thanks for the sentiment indicator! Very interesting. I've used the BFX short/long ratio for a while, which gives quite similar results in a qualitative sense, but with less volatility, so to speak. My observation is clearly that the masses are always wrong. Just when the 6k were about to fall they went long. Also at many other occasions earlier, they were on the wrong side. I see the same pattern now.

  3. I agree but what if shorts start to closing their positions? Is It possible to go much higher… Example most of traders will take short positions at 5.5k to 6k (example) then market goes against them but some will say OMG we are going to 20k (moon or whatever) and them price drops a lot and It is pure money for big ones.. Just my thought….

  4. Many people expected we would bottom out at the end of December 2018 based on the cycle which many thought will repeat itself. Same thing was expected in January with same shocker result. A lot of people also are waiting for BTC to drop below the $3000 mark which i so do not see happening. Now, its mid-february and the chances are, we may see a reversal and start bulling or we may experience a further decline or experience a stagnation for a while. There is actually more to forecasting price action by reading the news. This is because the relationship between them is not one on one. Bearish news do not always result to decline in price while bullish news do not always leads to increase. What to do is study historical patterns, news and scenerios. Upon understanding these well enough, you may be able to predict a reoccurrence of the circle if it ever shows up again. In addition to this, its extremely paramount you understand technical analysis which will form the basis of whatever decision you make in your trades. One step to making great profit would be to take your time and learn the ropes of trading which may take your time and perhaps still lose. Another would be to use the system of a very successful trader and copy signals/strategies. This option actually has made me a lot of money since i started trading with the guidance of Ryley Wilson. We started off by him giving me very sound advice on how best to invest my time and money in cryptocurrencies. i then started trading demo using his signals and when was comfortable enough, i went live and the result has been amazing. I make $14,000 every week. The greatest thing about him is his willingness to help and solve problems of others. His contact mail is RyleyyWilson@gmailcom OR WhatsApp him +15183519039 if you need his assistance or guidance with any aspect of trading and earning consistently in cryptos

  5. Thanks dude….there are only 3 people i feel like i learn more from than you ..Andreas, Ivan on tech and Tone Vays…
    Though tbh, you explain things clearer than Tone, and don't keep telling us how you plan on monetizing the videos in the future.
    Keep them coming dude, and I'll keep watching 🙂
    Awesome content as always 🙂

  6. Well done and thanks for your insight. A question on the sentiment indicator: history is quite short. Not much data to compare with previous swings. What do you think about the reliability of high sentiment at the moment?

  7. Congrats on the well-deserved following; watching your evolution as a video content creator has been like witnessing the growth of my first child. You've gone from adorable to downright studly right in front of our eyes.

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