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Why did Bitcoin CRASH? Has a bear market started? Where is the bottom? - YouTube
Channel: BikoTrading
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crypto market crash !
has a bear market started?bitcoin analysis
in this video you're going to learn why bitcoin聽
crashed there could be potential bottom three ways聽聽
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how you can identify bottom of bitcoin and watch聽
till then because exactly at the end of this video聽聽
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i will tell you my step-by-step聽
recommendation where you can enter聽聽
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bitcoin with lowest risk and maximum return聽
uh before i start push like and follow uh聽聽
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friends right in the chat how many of you聽
follow me on telegram do you remember when聽聽
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on 2nd of december i wrote to our community if聽
bitcoin continues squeezing down it could break聽聽
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range big volume were traded at high聽
yesterday big guys could create stop-loss hunt聽聽
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if you would be in my telegram channel you would聽
know about potential breakdown and i told that to聽聽
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our community also i recorded trading view video聽
where i told about that big volume at hype that's聽聽
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the reason why right now you should subscribe to聽
the telegram to get instant update into your cell聽聽
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phone take a look about that big volumes that i聽
uh mentioned in our chat in our telegram channel聽聽
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massive volume take a look at 59 000 59 58 958聽
665 someone were buying a lot of bitcoins exactly聽聽
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imagine 59 000 here it is 59 100 exactly here at聽
high at every high someone where selling massive聽聽
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warnings that means bitcoin tried to rise and聽
someone by selling a lot of bitcoins that's a聽聽
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reason of massive drop big guys sold bitcoins to聽
you my dear friends uh why they did it uh because聽聽
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imagine if you bought bitcoin for example at 29聽
to book your profit you must sell it to someone聽聽
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that's it remember that real institutional funds聽
they don't care about what you think about bitcoin聽聽
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uh they don't they there's no place like oh it聽
is the best asset in the world i will keep it for聽聽
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uh entire lives no their major goal is to make聽
money and to make money they must buy cheap and聽聽
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sell it high to you that's it uh about volume聽
in a footprint i prepare for you special article聽聽
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which i recommend you to read i will add it聽
into description also i will add a special聽聽
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lesson about domain footprint at least learn聽
what is it uh let's go to another stuff uh聽聽
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another reason why bitcoin crashed because take a聽
look of all the exchanges net flow exactly before聽聽
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that massive drop someone deposit nearly 15 and聽
uh someone deposit really big amount of bitcoins聽聽
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exactly here massive deposit take a look also聽
get dropped uh exactly uh many times it was聽聽
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uh before massive drop of bitcoin especially聽
in may a few times it happened such drop聽聽
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also also during massive rise of bitcoin from聽
41 000 to 69 there were nearly no liquidation of聽聽
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sellers write in a chat right in the comments do聽
you know what is buyers and sellers liquidations聽聽
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and my friends take a look uh during the drop聽
on third december people lost all together two聽聽
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uh two and a half billions of usd uh because they聽
bought with leverage and they believed in 100k in聽聽
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the moon that's it that's main reason why that聽
happened because many people didn't use stop聽聽
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losses you should learn how to use stop losses聽
and in our public telegram channel for our people聽聽
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i uh prepare a special a special list of聽
lessons have to avoid liquidations in the future聽聽
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like subscribe to telegram and you will get聽
those lessons some of you uh i wrote here uh聽聽
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and some of you asked me a few questions i will聽
reply at the end before i will tell you how you聽聽
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can identify bottom of bitcoin free top ways and聽
after that exactly step by step plan for to do聽聽
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i will use this uh lesson on our platform i will聽
add that lesson also in description first one how聽聽
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you can identify bottom of bitcoin it is a massive聽
liquidation and massive liquidation and really big聽聽
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drop within few days uh previous time when that聽
happened it was my friend here on this drop when聽聽
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bitcoin dropped by 47 only within one week if聽
uh for example price will continue dropping and聽聽
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that would be for example drop by forty percent聽
re-test of uh this trend line channel it would聽聽
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be maybe the best time to buy especially if聽
there would be massive liquidation like here聽聽
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do you see this big volume at bottom that means a聽
lot of people that bought here their stop-losses聽聽
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especially those with leverage they were forced to聽
sell it at bottom and that's the best time to buy聽聽
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another second way how you can identify bottom of聽
bitcoin with big accuracy it is if bitcoin crash聽聽
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and after price create massive big range because聽
take a look from december to april it is nearly聽聽
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full month price where in this range massive聽
volume and only after that channel breakout聽聽
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it started beautiful trend if you remember 2019 uh聽
right in the comments do you remember this channel聽聽
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breakout for me it's interesting uh friends if聽
you think what i'm sharing with you useful right聽聽
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now subscribe to this channel help us to grow聽
our community i will be really thankful to you
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that's why my friends if uh bitcoin at this聽
moment make drop additional drop channel聽聽
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and after the channel breakout it would be best聽
time to buy it like it was here and a third way聽聽
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it is uh if you if you have beautiful and聽
clear trend line and if you we have messy聽聽
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volume exactly at bottom why it's so important聽
uh because it's a signal that someone buying a聽聽
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load especially at bottom and the trendline聽
breakout also good signal to start uptrend聽聽
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that means if bitcoin for example take a look on聽
these two trend line breakouts first and second聽聽
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range and do you see a trend line聽
broken and it rose up from 29 000 to 52聽聽
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here after this trendline breakout from 43 to聽
69 quite a lot that means if bitcoin create聽聽
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a beautiful trendline breakout pattern it also聽
will be good signal to buy that's technical聽聽
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charts that you can use uh i will add all that聽
lessons in the description you can read after that聽聽
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and at the end as i uh promised to you uh my聽
best recommendation how you we can identify聽聽
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bottom of bitcoin uh i recommend you to use gca聽
my friends because no one else buys the bottom聽聽
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uh it's a [ __ ] when someone tells you that they聽
know is the bottom what is the best strategy i聽聽
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would pers i personally use example imagine you聽
have 10 000 usd and you would like invested into聽聽
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bitcoin what is the best what you can do you聽
divide the 10 000 usd by five parts five parts聽聽
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four parts and you have for example two thousand聽
each part and you buy for example one part you put聽聽
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two thousand here price did reload you add聽
additional 2000 price retested trend line you聽聽
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add additional too far price broke trend line you聽
add the last two parts like and you will have good聽聽
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average price because people they tell you that聽
they know where is the bottom it's a [ __ ] use聽聽
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dca for bitcoin for long term always best dca and聽
uh my friends uh some of you asked me a questions聽聽
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for example my question is bitcoin going to drop聽
below 40 or 40 is the bottom for a current trade聽聽
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my uh my thoughts that no one knows where would聽
be real bottom uh as i told you before and i would聽聽
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recommend you to use uh this approach uh wrench聽
or channel breakout like i would recommend you聽聽
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to pay attention to channel breakout and trendline聽
breakout note about uh some prices because uh like聽聽
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it was here some people thought that here price聽
would drop to 20 even robert kiyosaki told about聽聽
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that but that didn't happen and they broke聽
trendline and started beautiful right that's聽聽
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why here also no one knows what would be a bottom聽
wait for a pattern follow me on telegram and when聽聽
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that button appear i'll share it with you that's聽
it my friends thank you for watching remember to聽聽
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subscribe and join our public telegram channel聽
to get more updates in the future thank you
bitcoin technical analysis today
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