Here’s What Bitcoin’s Bounce Really Means

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Bitcoin bounced recently after a major drop of almost 50%. So what this recent pullback or retrace mean? We explain.

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52 thoughts on “Here’s What Bitcoin’s Bounce Really Means

  1. Hey guys, thanks for your comments. In the video, for some reason I said that the pulse fired on the 14th January. I actually meant to say the 14th November. 🙂 LOL See you at the next video. thank you!

    1. Alessio Rastani – After discovering your videos 2 months ago I’ve been devouring the knowledge you share. Thank you for sharing. I bought the book “Fooled by Randomness” and started googling any terms you use that are unknown to me. I will likely be signing up for more instruction on LeadingTrader.com in the near future…Im not quite there yet. That being said, I also just recently signed up for a premium account with tradingview.com because of their Black Friday special. I did this so I could emulate the things you explain in your videos. I think your viewers would value a 10min walk through of some of your favorite/most used features and how you like to have your charts setup in TradingView. Any tips and tricks to unclutter the charts would be awesome.

  2. We could be looking at wave 4 here , bounce will take us back to $6K-7K then a last 5th wave will possibly take out $3500 lows and bring BTC to a capitulation state.
    This is a tradable action with a possible 100% gain before a final leg down.

    1. Heavy confluence of Resistance at 5.6k and definitely at 6k…. I don’t see your wave 4. I see an ABCDE from the low ATM on E wave topping at 4.6kish. The impulse wave from the break of 6k is complete with a truncated 5th wave… not the end of the 3rd wave.

    1. +Cpthilton Why should we.. we can post anything we want mate.. any way we please.. and you can’t stop us! If people want to blow off some steam they can do.. right here with you !! so meh 🙂

    2. +Cpthilton Evidence that proves beyond doubt that God exists. By the way it os religious people who act all high and mighty. Hence thousands of years of religious persecution humanity has suffered from. Killing blasphemers, apostates, free thinkers, non religious people, homos etc.

    3. +Arraik Cruor: Religious killing can’t hold a candle to the killing done in the name of evolution. Remember Mao Zedong? (73 million) Joseph Stalin? (58 million) Pol Pot? (3 million) Shall I continue? Strange that you still haven’t challenged me to back up my assertion of proving God.

    4. +Cpthilton I already have asked you for evidence that proves beyond doubt that God exists. Read the comment again. Also, evolution is a vague word. Elaborate on what you mean by that.

  3. Love your videos. Thanks. One suggestion. “Pullback” to me means downward price action so it’s confusing to hear “pullback” in terms of prices increasing. Bounces, like you also said make more sense or maybe could also use the term rally.

    1. Pullbacks are retacements(smaller moves) after impulse/extension ‘moves’ no matter which way markets goin. Just have2get used2it is all no biggie. Peaceout.

    1. It’s really funny hearing people say they are going to quit now, easy to forget that when there’s a big dip, it’s the perfect time to buy and invest before there’s a skyrocketing of price, even when you can’t wait until then there’s still great news because even when bitcoin is not moving forward, You can still make so much money despite the current fall in the price for bitcoin. For me, I knew the price will run up more, then bleed off and go lower than current lows… Then as it goes higher, Its more like a time pattern , so i am sure that bitcoin will rise, for now all we need to do is invest what we’re Hodling and make more profit, So we don’t feel the lost in fall of price when it happens again, i stumbled upon a comment of someone who helped in increasing of Portfolio of a lady from having *4BTC to l0 BTC in two months, i So i contacted him even though I was skeptical, Behold I have made 3Btc in 1 months with his working strategies, if you have lost so much during fall or want to increase your portfolio like me, Reach him on : +1 (252) 543-9368 or kevingriffin289@gmail.com , he is of great help, I can’t overemphasize how much of a great and smart guy he is

      thank me later !!

  4. Do you know you can still make money regardless of the Ongoing SAGA? It’s very simple to understand that with no pain there is no gain.Thank you for your endless insights,For many of us, it’s great to hear all sides of the crypto-market. I still want to use this medium to appreciate who ever posted about *ROY* *MORGAN* three months ago, You are part of my Success Story. I know the market is crashing daily and the Drop in price is very Discouraging, But Trading is the only way out in times like this, Hodling isn’t investment advice, I Suffered more losses as a Hodler compared to when i got into full time Trading. I have been able to Earn some profits to cover up for the debts i owed with my 2months of experience trading with MORGAN’s Strategy ,He is down to earth and always ready to serve, tho He charged me after I made profits, but it was worth it.he is reliable, honest, consistent and very experienced, Trading Is the only way out Now, why we wait on the better days ahead of us, to get more info about My Coach on his mail ( *ROYMORGANTRADING@**gmail.com* /Telegram-@Morgantrading Number +1-631-706-4129 )

    1. Excellent Strategy,Roy! You’ve really come a long way and good to see someone spreading their knowledge and success to help others. The haters will keep on hating because they can’t do what you can. Keep up the great work! Hows the NY life vs CT btw?

    2. I’m new been following crypto for 4 months watched hundreds of videos please lead me in the right direction I’d like to start following you and your suggestions, lessons can you help me please

  5. Its so interesting and likewise hilarious when i watch videos and see so many perspectives about cryptos, hodling and trading. So many views and you cant help but laugh when you see how erroneous and misleading many of these are. The biggest of them all that really cracks me is the naivety with which a larger percentage of cryto enthusiast use in screaming HODL without realizing the reasons to hodl and in what kind of market to implement this strategy with the hopes that btc is going to be $1,000,000 or xrp $250,000 in the next couple of years. This fallacy is further fueled by greed which would see so many lose all their savings to hypes. Cryptocurrency today sadly is largely speculative, unpredictable and risky to hold onto for anybody who is technical enough to look critically at the long term trend, read the charts and understand the markets. Why should i invest long term in the most uncertain market in the world? I’d tell you why i can and how i do it and also how you can if you so wish. With proven strategies and signals, i have made quite a lot of profit (over $80,000) even in this currently bearish market through actively trading my coins and this was until i took time to research and find a better method of making profit instead of holding and having sleepless nights. First of all, i am able to make gains on movements that would cause loses to hodlers. This simple idea was giving me by Barrister brock burkitt *(brocckburkitt@gmailcom)* when i started using his strategies and trade signals which has made me so much money already. My advice would to take advantage of the affordability of bitcoin presently and buy some more but dont just buy, trade them to make good profit and increase your portfolio in preparation for the approaching bull run. I’d suggest you reach Sabastian by the mail address provided and ask him for any assistance you may need as regards cryptocurrency and how to profit as a trader. He is someone that has giving me invaluable help with his trade patterns and signals that are so accurate i win at least 95% of all my trades.

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