Bitcoin: Battle for the Bull Market Support Band
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- Опубликовано: 2 окт 2024
- Let's talk about #Bitcoin's recent move to its bull market support band!
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Disclaimer: The information presented within this video is NOT financial advice.
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Is Ben only sick when bitcoin has a run to the upside? We need data on the timing of his colds and overlay it with Bitcoin
When Bitcoin sneezes, Ben catches a cold
😂😂
Meanwhile I'm here fighting for the hairline support band
All I wanna know is what’s up with Ben’s new location and set up.
Yes please, I can no longer spy and spot him from the usual location I watch him record his dom videos no more...
He became to valuable. So now he has to hide🫤
Deeper underground
I'm pretty sure that is actually his older location 😅
You’re not in your bunker?
The last 2 Bullruns made me realize that it's far more relaxed to simply buy Bitcoin during the bear and then let it run. It enables you to just forget about your portfolio for a while an enjoy life. Altcoins are so volatile that it's quite a lot of stress if you buy the wrong ones or during a large bitcoin correction. 100x is possible yes, but what's the psychological cost you have to pay?
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"Bitcoin: Battle for the Bull Market Support Band"
Sounds like a movie title
Holy crud, ben you sound more ill than a pres candidate! Hope you recover quickly, as it sounds uncomfortable. Goddam germs! Good analysis again!
What was the FED interest rates in 2013 and 2021 in the points you showed on BTC? If it was zero that points are not comparable to the current position of BTC.
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The rates were 0?
Thank you for always keeping it real Ben. It's easy to stay grounded with your guidance.
Please keep the updates coming
Thank you for jumping back into the cryptoverse. Today we are going to talk about Bitcoin - battle for the bull market support band ❤
Great one again, however today I am only seeking for a general rule (I guess that I have just forgot): if the financial market like the stock market & currencies market just crash tomorrow, what will BTC and all other altcoins do upon the crash? Are they all connected together, and share the same movement? Or, BTC (by going the opposite direction) will outperform the fiat's market and show it's the solution of the fiat's failure policy?
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BTC or any other crypto is connected to equities. BTC is not yet at the point to prove it is the solution to FIAT currency. Maybe that will happen, but I wouldn't guess it'd be anytime soon (most likely not in the next 5-10 years).
In your scenario where the stock market crashes tomorrow, BTC and the rest of the crypto market would follow. They usually drop much harder than the rest of the market.
As an example, look at the pandemic market crash.
S&P lost 35% of its value.
BTC lost 72% of its value.
Crypto crash would follow a stock market crash. If you want a hedge against stock market then buy precious metals
Stock market correction would generally lead to BTC correction of higher beta and then that would lead to an altcoin correction of even higher beta. Very bad.
Can we talk about Ethereum.
Thanks Ben enjoy your day
there is no battle. guys who re in control of crypto market trying to shake off rest of the holders
You sound sick my man. Did you get kicked downstairs to quarantine?
Thanks for another great video!
So curious your base case on the question of recession or no recession Ben? And if so when?
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Because it is 2024, Maybe it will find support in 21wk Ema and make it look like there is a rally and then do a 2019 and pull back morethan it shud. How about that .. now that is 2024
Lmaoo I love this man “if BTC breaks up BTC dominance breaks up if BTC breaks down BTC dominance breaks up” this is going to be my yearbook quote 😤💯🔥
What is this SMA indicator called? How can I find it?
✔️The BMSB *“bull market support band”* (aka. bear market resistance band) is an indicator that consists of the *20-week SMA* and the *21-week EMA.*
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grayscale ethe outflows from high fee rate, liquidity will flow into BTC and start the dominance spike. They have 10 billion AUM and a crazy high fee rate... eth goes down, people forced to sell and take cap gains hit. Seems perfect timing for the btc.d rally... 2 days after the etfs start selling is btc conference w/ trump. btc.d > 60 coming soon...
(TOTAL3-USDT)/BTC might win the occasional battle, but BTC.D is destined to win the war!
I thought the cutting of rates would be bearish for the market, because economy is slowing down
Thank u Ben
Agreed, I am getting mixed signals from BTC right now. Eventually it goes higher but might be delayed.
Similar to rate hikes, rate cuts will take 12-18 months to be felt by the economy. Once rate cuts arrive the market will realize this and sell off. The market has ran up too much.
Great video as always. Anyone that mocks you or anyone else online for their content about crypto as clearly only been in the market a short time.
Get well Ben! That nose is clogged for sure.
Can you do an Updated ada video? Thanks for the great overview!!
I hate it, why don't you tell me what to do 😂
Bitcoin: Decoding the Cycle
We will get the lower low…
Please keep the updates coming!
BIG BEN BACK AT IT ONCE AGAIN
get well soon Ben
You sick brother?
Yes
As a parent of young kids… he’s going to be sick every other week lol
@@Wes-75786that’s awful I haven’t been sick since 2013 had the flu. F kids buy more crypto 😊
@@FATmenDRIVEtrucks 😂
thanks
SUP
Many thanks Ben 👍
It Would be appreciated if you could turn up your volume setting Ben. Ty
Thanks Ben! But you ok? You sound like Rudolph when he has to wear the nose cover in Rudolph puppet Christmas animation from the 1970's.
Like a good battle
First.