Bitcoin Ready To Move!! Triple Bottom Update & Venezuela Inflation [Bitcoin Today]

Bitcoin Analysis & Bitcoin-Crypto News Today: Bitcoin is showing strength after this downtrend we've had in the last week. Can the Bitcoin price reverse now, and how does this relate to the Bitcoin triple bottom? I use technical analysis on the Bitcoin price to show you what I think. I also talk a bit about the Venezuelan inflation crisis, where the Bolivar in inflated around 8000% per year. If you want to learn more about this, watch the video!

We just need to wait for a few day guys, next week will have the 6 of the month..... and what usually happen on the 6? Its coming soon, we just need to be patient a little bit more... Good vid has usual Carl! Keep going!

What you say in the end that bitcoin is the only coin to survive is just not true. Especially Litecoin is going to rise very high as it´s designed to support bitcoin in it´s transaction volume and not to compete with it.
Carl, can you please do a video on ETN? It's the only crypto that has only 2 decimals. Which in my opinion is a very important reason why ETN actually may become the actual worldwide currency. There's also a good supply, whereas Bitcoin really is like gold, only better in that it's very easy to actually use as a currency. But only for really expensive things. Not for like a coffee or something.
Venezuela is a Socialist country that's the explanation about its crises. In South America just Paraguay and Chile are not socialist. I'm from Brasil I know what I'm saying
, plan is to take profits between 5 en 10% or when the bounce isn't there I leave my position with tight stop loss and try again... :) thnx for you're daily updates! great content !
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bitcoin volume is TINY at the moment. nobody is buying. hardy a soul. this means its very very easy to manipulate it lower. its going lower. whether by manipulation or normal market forces.
it will keep going lower until folk jump in and buy. like you work !like your channel!. . maybe the weird june 6th thing will happen - who knows? i dont know anything except what i see on youtube

Geese 2.5 million =3 dollars a month as a wage? INSANE. Can’t see BTC getting to all time highs again if we don’t have the lightning network though Carl...not unless it’s out of necessity of course...
Hey Carl! Could you please talk a little about the VIX? What do you reckon about investing in VIX instead of cryptocurrency? I know there is no way to trade VIX per se, but you get what i mean... Also, I did not see any video you talk about BTC long-time range graphs... I mean to say, you always make technical analyses of the short-term graphs... So there may be bigger analyses you can make from MTGOX data of 2013-2014 ? Also, you could tell us BTC history, the MTGOX history is soooo interesting... Cheers!
I don’t know I think it’s a little early to call triple bottom personally. If BTC lingers here too long it could be a whole different story. Plus I don’t see confidence suddenly re-entering the market: why would it? Weeks of slowly grinding upwards destroyed in a matter of days, hours even. Not exactly confidence boosting...
I hear you but honestly the reason bitcoin is king of the crypto's is because it was first and it was the first and only coin for a long time you had to buy to buy other coins. It's a first generation blockchain and will be a dinosaur in the future IMO.
Curious comment you made about other alts . I agree 90 are nonsense. But wondering why u included LTC in there. Obviously I hold some. It was not premined. Also decentralized. Merchant adoption on the rise. Not arguing just curious. Yes I believe btc will be the grandaddy of them all. But every gold does have a silver
Ironically, the nodes of the lightening network will make bitcoin MORE, and some may claim, TOO centralized. It's needed for its mass adoption, but it may defeat one of its core tenets.
I’m so happy that we limit the amount of cryptocurrency that can be issued. All third world countries are suffering but we don’t notice it her because the federal reserve keeps printing dollars and expecting to get it back from the market through taxes etc. but the fiat market will crash because of the federal reserve’s actions as the fiat market is too unstable to handle that amount of printing
The hyperinflation currently in Venezuela will spread to other global fiat in due time. But for now, global fiat only tend to have that severe allergic reaction called hyperinflation when they get near crypto. In the US we already have calls for mandatory minimum wage increases and other cost of living adjustment proposals. Many people believe that if the govt will throw money from helicopters created during the financial crisis, we will all live better. Nope. When burger-flippers are making $500/hr and doing the dance of joy, they will cry when they go to the store and a gallon of milk is $600/hr. And the dollar valuation of BTC, at that time, will have no importance.