🎥 Cryptocurrency Market Overview | 02.12.2019
Hello dear Steemians and Dtubers!
In this video, since it is Monday, I analyzed the price chart of Bitcoin (BTC/USDT) on different time frames using Technical & Candlestick analysis. Also I outlined some important candlestick formations and technical patterns on the price chart that are worth paying attention to.
After that I commented on some articles published on CoinTelegraph about the very high number of Bitcoin Hodlers at the moment and the upcoming Bitcoin Halving.
Enjoy watching the video and, please, comment!
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last over 13 years, and as a cryptocurrency analyst for the last 2,5 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency trades, investments and etc.
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Thank you for the analysis of Bitcoin price!
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Thanks for a great video @cryptospa, and a really nice analysis of the price chart of Bitcoin, let's see how it develops ahead, but as you said the fundamentals has not been fixed, and I don't think it will go much higher without that.
And as to BTC hodlers, there is also 2 other factors that I think can be important, a lot of the very large early adopters bought more BTC at the very low end after the ATH, I don't remember where I read that though, and the other part is my own thinking that quite a few people have lost their keyes after the first hype, many inexperienced people got involved for the first time, and their lack of experience also included keeping their keyes safe, that's just my view though.
I will look forward to your article, keep up your great work, and stay awesome!
@flaxz, nice comment! You added two additional factors that are worth mentioning as well. No doubt that those factors contribute to the large number of Hodlers as well!
Stay awesome!
👍😀