Bitcoin [BTC]: This Leads To LOWER Prices For Crypto... Will It Last?

Поділитися
Вставка
  • Опубліковано 24 гру 2024

КОМЕНТАРІ • 211

  • @MichaelPizzino
    @MichaelPizzino  4 дні тому +4

    TIA Premium Membership → tiacrypto.com/

  • @AGAME07
    @AGAME07 10 годин тому +632

    The introduction of a Bitcoin ETF marks a groundbreaking moment in the cryptocurrency world, merging digital currencies with traditional investment methods. This innovation could stabilize Bitcoin prices and broaden its appeal to a wider range of investors, potentially increasing demand and value. At the heart of this evolution is Eugenia Eiland, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. His holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.

    • @andycthx
      @andycthx 10 годин тому

      After a series of trading setbacks, I was on the brink of giving up until I encountered Eugenia 's program. With her guidance, I've not only recouped past losses but am now charting a trajectory of consistent growth.

    • @Brains4369
      @Brains4369 10 годин тому

      Without a doubt! Eugenia Eiland is a trader who goes above and beyond. he has an exceptional skill for analyzing market movements and spotting profitable opportunities. His strategies are meticulously crafted based on thorough research and years of practical experience.

    • @jooaiken888
      @jooaiken888 10 годин тому

      Investing in Bitcoin is the wisest asset to be in, not trying to shit on other stocks, it just won’t outperform Bitcoin over pretty much any long time horizon…reality over feelings!!

    • @Jakesportel
      @Jakesportel 10 годин тому

      Crypto role as a store of value and its potential for future growth make it an attractive investment option. trading can be a thrilling way to participate in this digital asset's journey.

    • @andycthx
      @andycthx 10 годин тому

      Thanks for sharing this here. A lot of beginners Like me are smashed out there every day. It's a good thing we have nice people here who want others to become successful as they are

  • @Jaxier88
    @Jaxier88 4 дні тому +96

    Man, Michael never lets his viewers down! He normally doesn't upload on weekends, but today he did. Many thanks sir.

    • @MichaelPizzino
      @MichaelPizzino  4 дні тому +15

      My pleasure mate.

    • @geoms6263
      @geoms6263 4 дні тому +1

      @@MichaelPizzino pls can you pump the market?

    • @denniss2474
      @denniss2474 3 дні тому

      Brilliant update vid. Market top is highly likely in!

  • @gmax9797
    @gmax9797 4 дні тому +24

    Mid December correction is nothing new

    • @OldmanCrypto100
      @OldmanCrypto100 3 дні тому

      Cope

    • @Chaz-pm1jm
      @Chaz-pm1jm 3 дні тому

      @@OldmanCrypto100 crypto in your name but don’t even know about the pre Christmas drawdowns.

    • @AzuronAce
      @AzuronAce 3 дні тому

      ​​@@OldmanCrypto100cope?😂
      Just data.

  • @TtvRealtor40k
    @TtvRealtor40k 4 дні тому +20

    Thanks for starting off with Sol and Eth

  • @StoicSpartanWealthandWellness
    @StoicSpartanWealthandWellness 4 дні тому +4

    Michael and Jason ... Two absolute legends in a world full of engagement farmers after likes and subscribers.. no nonsense, factual and packed full of free info ... phenomenal guys 👏🤗

  • @forsee13
    @forsee13 2 дні тому

    Do you not look at liquidity zones?

  • @ArnoldsDesign
    @ArnoldsDesign 4 дні тому +15

    I was quite relieved to see that the three black crows didn't play out. Thanks for the weekend update.

    • @darren6110
      @darren6110 4 дні тому +3

      3 days down has happened many many many times since march, it is not a frickin signal.

    • @itsandywang
      @itsandywang 4 дні тому

      ​@@darren6110 not right after a ATH

    • @bopie5172
      @bopie5172 4 дні тому

      ​@@darren6110true but it works for the extremes

    • @alexanderthomsen7418
      @alexanderthomsen7418 4 дні тому

      ​@@darren61103 days down from a significant top, has happend many many many times since march? I need to check my chart again

    • @abcdefg98138
      @abcdefg98138 4 дні тому

      ​@@darren6110 back then it wasn't ath.

  • @TheDesertsweeper
    @TheDesertsweeper 4 дні тому +7

    Michael is the grandmaster at tempering hopium with technical-reality

  • @chrisseller2276
    @chrisseller2276 4 дні тому +10

    It’s like in the gold rush. The ones selling the equipment made good money. The ones searching for gold mostly got wrecked. The same is true for UA-camrs and crypto.😁

    • @OldmanCrypto100
      @OldmanCrypto100 3 дні тому +2

      Right, people buying crypto won't make money. Sure bud

  • @moksha2280
    @moksha2280 4 дні тому +1

    so 3 canndle signal is saved as I understand since the 3rd one is green now on D1?

  • @michaelomalley6726
    @michaelomalley6726 4 дні тому +5

    Of all the people i listen to…your analysis is my favorite.

  • @seapeoplesdidnothingwrong1307
    @seapeoplesdidnothingwrong1307 4 дні тому +5

    Just found this UA-camr, and I appreciate his honesty. I am so sick and tired of these crypto "experts" on UA-cam always saying hold on to your hat, 200k is right around the corner.

  • @Spectoral_on_SPOTIFY
    @Spectoral_on_SPOTIFY 4 дні тому +3

    Thanks for the Saturday upload Michael, we needed it!!

  • @eryder2862
    @eryder2862 4 дні тому +1

    Thanks Mike, did we avoid the 3 day down trend change signal?

    • @eryder2862
      @eryder2862 4 дні тому +1

      Would be helpful if you could confirm this as you seemed to be watching for this signal very closely yesterday

    • @tomperkin2505
      @tomperkin2505 4 дні тому +3

      It was avoided, but only just by the narrowest of margins. Technically avoided, but unconvincingly so.

    • @eryder2862
      @eryder2862 4 дні тому +1

      Strange he didn’t address it in this video. He was very focused on it yesterday

  • @brentcampbell1679
    @brentcampbell1679 3 дні тому

    Thanks, bought the sell off but wasn’t super aggressive (after the Elliot wave analysis yesterday. I’m thinking next leg up I’m going to start taking profits. I am “scared” to full circle the cycle again and I reckon many people are the same. Be interesting to see how it plays out.

  • @mhadden
    @mhadden 4 дні тому +1

    Michael. Surely the biggest vol in history. On the monthly. Is typical of a wave 3. Suggesting we are only starting wave 3. Comment ,?

  • @forsee13
    @forsee13 2 дні тому

    You’re right

  • @Ard3m
    @Ard3m 4 дні тому +2

    Solana is the altcoin market. If it's done. Everything else is finished too

  • @ronit121
    @ronit121 3 дні тому

    Can I ask for any predictions regarding Dogs coin ? I have invested heavily in it thanks

  • @sevenballonu
    @sevenballonu 4 дні тому +1

    Thanks Mick! Do you think the wave 4 correction will be short one?

  • @domenicsandri2740
    @domenicsandri2740 4 дні тому

    5:24 min. So if BTC exchanges volumes go up, but BTC ETFs go down, then the bottom is in? If BTC exchanges volumes go down, but BTC ETFs volume go down, then more downside?

    • @alexanderthomsen7418
      @alexanderthomsen7418 4 дні тому +2

      Remember its all signs and signals, that raises probability of something happening. Nothing is certain.

  • @mxrio_2.0
    @mxrio_2.0 2 дні тому

    thanks michael great analysis

  • @rodrigogilflores8265
    @rodrigogilflores8265 3 дні тому

    One of the very very few reliable channels and traders. You always do an excellent job sir. Merry Christmas to you and your family and thank you for the work you do and share with us.

  • @Kesslerman1
    @Kesslerman1 3 дні тому

    Great TA. Thank you

  • @chriscleland7008
    @chriscleland7008 2 дні тому

    The politics of BTC is much more important than TA right now, IMO.

  • @schumanhuman
    @schumanhuman 4 дні тому +1

    Thanks!
    Sorry to narrativize, but surely one reason crypto held those technical supports because the US Pce data was cool, conflicting with the Fed's (needlesly) hawkish stance on Wed, dropping bond yields and the $. My bias therefore leans to the bottom being in though appreciate could be some more chop and bleed for a while.

  • @gadawgg
    @gadawgg 3 дні тому

    Michael, what about the previous 15% declines in 2024 were in a down trend. We are in an uptrend. Does that make it less of a probability of being suppressed or going even lower over the next couple of weeks? Has been that trend change. But you are the expert, just my thinking of something you may have not noticed. Maybe you did. Have a great Christmas with the family! Appreciate you!

  • @muhammadumair949
    @muhammadumair949 4 дні тому +2

    Thanks for this mate. Can you shed light on how we usually get an approx 30% dip at this stage of the cycle and how global liquidity is set to peak in Sept "25 and how the bull run peak follows that? Thanks

    • @dustinmccrindle343
      @dustinmccrindle343 4 дні тому

      Just be careful on the liquidity & crypto correlation.
      If I remember correctly, crypto lags initially but then rolls over before liquidity peaks out. This is especially for BTC.

  • @adychapman8911
    @adychapman8911 4 дні тому +4

    BTC looks like it’s possibly in a wave 4. So probably lower prices ahead before the Wave 5.

  • @chrismcconkey9543
    @chrismcconkey9543 4 дні тому +2

    The whole market panic sold … I doubt it was the top. Put call ratios 1:1 . Nah

  • @Porphyrogenitus1
    @Porphyrogenitus1 4 дні тому +1

    Mention of that banking non-crisis reminds me to ask: what was the volume bar on the infamous _Random Thursday?_ (a day that will live in market infamy)

  • @mrgreen1633
    @mrgreen1633 3 дні тому

    My weekly charts show 2-4 weeks correction going sideways slightly down (Wave 4) between supp/resistance levels, B4 up final wave 5 in Jan/25 for OTHERS/TOTALS 2,3. I'm guessing CYCLE TOP March to May 2025

  • @allisonjoudrey4234
    @allisonjoudrey4234 4 дні тому

    I always love your videos but this one was especially useful in the current climate. I also liked the sum up in the end. You are one poster that I ALWAYS watch the full video. Concise, to the point, useful information (no fluff) and not drawn out to a lengthy time. I really do appreciate that. Thank you

  • @gary5799
    @gary5799 3 дні тому

    I get the feeling that big players are getting out for the holiday period and will come back in and push it higher from lower prices when they get back to work

  • @fredray7188
    @fredray7188 4 дні тому

    Morning from Lebanon Michael!
    How much is the Hit rate for the 3 days down indicator?? How would you see the recovery if its gonna be playing out? Vz historically it should be all up from here till round April

  • @bssb936
    @bssb936 3 дні тому

    Amazing analysis thanks. 😊😊

  • @echochambers4165
    @echochambers4165 4 дні тому +6

    SUI looking like SOL in the last cycle

  • @stephanhueffer2725
    @stephanhueffer2725 4 дні тому

    If we consider the realtive flat correction of 15%- far below what we would expect in an late bull market- bears either suffer from weakness or a seasonal cold/covid, or the real bullmarket is still to come in 2025.

  • @dirtychrissi
    @dirtychrissi 4 дні тому +1

    Thank you for the weekend update. As I am new in the market it feels like all in full leverage 😂

  • @franswessels1864
    @franswessels1864 3 дні тому

    Great video Michael

  • @nivenr1
    @nivenr1 4 дні тому

    Thank you Michael

  • @kevinrichards7937
    @kevinrichards7937 4 дні тому

    Thanks for the update Michael. Very informative on what to look for next after such a volatile week.

  • @chrisrigoni
    @chrisrigoni 3 дні тому

    Thank You 🙏

  • @theturnaround7290
    @theturnaround7290 4 дні тому +2

    I’ve found that chicken blood and bone casting is working for me during times of high volatility.

  • @tybowesformerlygoat-x7760
    @tybowesformerlygoat-x7760 4 дні тому

    Max pain could be up and induce longs then rip down again to shake everyone out then back to bullish.

  • @tonequin4562
    @tonequin4562 4 дні тому

    Thanks for a Friday analysis

  • @TheRealHarsjan
    @TheRealHarsjan 4 дні тому +1

    A weekend upload!

  • @benfoote3817
    @benfoote3817 3 дні тому

    Great content, thank you Michael

  • @tomperkin2505
    @tomperkin2505 4 дні тому

    Excellent analysis. Food for thought!
    Have you considered getting a crystal ball?

  • @rtc6943
    @rtc6943 3 дні тому

    Great content

  • @dreamsolutions3037
    @dreamsolutions3037 3 дні тому

    Nora en pure and Subfocus in Michael's sidebar. A fellow man of culture I see. Love it

  • @j.c4life
    @j.c4life 4 дні тому

    Thank you for the weekend video🙏

  • @chintshome9526
    @chintshome9526 4 дні тому

    Love your analysis

  • @ronit121
    @ronit121 4 дні тому +1

    I love your content! Please make videos every day.

  • @RichWidows
    @RichWidows 4 дні тому +1

    Thanks Mick, your (and Jason's) daily videos, combined with your courses are the best training I've had in this space. Appreciate your holistic, whole cycle analysis that goes far beyond crypto.

    • @MichaelPizzino
      @MichaelPizzino  4 дні тому

      Very happy to hear this Rich! Thank you mate.

  • @tonyspennato8394
    @tonyspennato8394 3 дні тому

    Maybe it’s my echo chamber, but I’ve seen soo many people trying to call tops since the “triple top”

  • @htfcsikas
    @htfcsikas 3 дні тому

    Superb video

  • @gmax9797
    @gmax9797 4 дні тому

    No change in cycles
    Same as previous

  • @cryptoricardo
    @cryptoricardo 4 дні тому

    The effort on a Saturday is greatly appreciated; crazy times!!!

  • @karendale7537
    @karendale7537 4 дні тому

    Appreciate the update Michael 🙏

  • @RicThai63
    @RicThai63 4 дні тому

    Excellent.

  • @justinjamespictures
    @justinjamespictures 4 дні тому +2

    Thanks Mick

  • @Nvix13
    @Nvix13 3 дні тому

    will pump it after the this year end

  • @adrianbardan782
    @adrianbardan782 4 дні тому

    bitcoin can bounce and end up lower, thinking 86k
    and hoping since the rest of the coins got so nuked,
    they have a good bounce and their next dip ends up higher than current lows

  • @AndrewCameron77
    @AndrewCameron77 4 дні тому +2

    Great stuff 👍🏼🇨🇦

  • @Appleloucious
    @Appleloucious 3 дні тому

    One Love!
    Always forward, never ever backward!!
    ☀☀☀
    💚💛❤
    🙏🏿🙏🙏🏼

  • @bigdaddychet8244
    @bigdaddychet8244 3 дні тому

    Appreciate you Michael, great extra time

  • @craigparker5472
    @craigparker5472 3 дні тому

    Nice one Michael 🎉

  • @danielwuu6040
    @danielwuu6040 4 дні тому

    Thanks for the update. Cheers!

  • @KanesWeapon
    @KanesWeapon 4 дні тому

    Getting premium next year . Cant atm. Look forward to it.

    • @hellshire11
      @hellshire11 3 дні тому

      it'll get more expensive next year, FYI

  • @AttilaS24
    @AttilaS24 4 дні тому

    thank you Farmer Mike 😆

  • @MrNice2526
    @MrNice2526 4 дні тому +1

    Saturday vid, thanks legend

  • @elyaslarian26
    @elyaslarian26 4 дні тому

    Good content 💯

  • @BTC618
    @BTC618 4 дні тому +1

    Thanks

  • @michaelharris2086
    @michaelharris2086 4 дні тому

    Your best video so far mate. Much appreciated!

  • @jerkywez1983
    @jerkywez1983 3 дні тому

    It’s normal mate ;)

  • @philpearson959
    @philpearson959 4 дні тому +1

    Thanks again Brother Mick👍
    Loving TIA, get on board people 👌

  • @Geekchess
    @Geekchess 4 дні тому

    Thanks for the update, Michael!🍻

  • @gregshultz2395
    @gregshultz2395 4 дні тому +6

    So you basically said it may go up from here or it may go down. Thanks.

    • @MichaelPizzino
      @MichaelPizzino  4 дні тому +15

      Stance is wave 4 correction.
      May get messy before confirming the low. I state the breakout level overhead.

    • @michaelharris2086
      @michaelharris2086 4 дні тому +1

      It's probabilities dude. No crystal ball here.

    • @MuffinHunter69
      @MuffinHunter69 4 дні тому +6

      Show some gratitude he doesn’t have to keep you informed.

    • @jameshebb2587
      @jameshebb2587 4 дні тому +4

      Typical rookie complaint 🤦‍♂️

    • @humanbuoy1123
      @humanbuoy1123 4 дні тому +1

      LOL, proudly flying the rookie flag without realising it 🤦‍♂️ good luck, be careful!!

  • @Adam-mo2qw
    @Adam-mo2qw 3 дні тому

    Expecting lower soon.

  • @WealthyChronicle
    @WealthyChronicle 2 дні тому

    I love how the market moves in cycles, but can we PLEASE just get some consistency for once? 😂

  • @DeepFuture
    @DeepFuture 3 дні тому

    I currently monitor 32 top indicatores daily only 5 of them are red. I really don't think this is the top. Possible another pullback in Jan followed by another trump rally.

  • @peterunderwood5381
    @peterunderwood5381 4 дні тому

    Cheers big dawg

  • @drazharr9773
    @drazharr9773 4 дні тому

    Top notch video Mik. 👍🏼

  • @daved5094
    @daved5094 3 дні тому

    Come on Michael take Some extra sleep and listen to your brother..we have all a litlle ptss ❤

  • @leigh_boi
    @leigh_boi 4 дні тому +1

    Thank god this video arrived. Why am I not outside enjoying the beach....

    • @MichaelPizzino
      @MichaelPizzino  4 дні тому +1

      Watch the video on the beach! Time for sunshine for me too..

    • @leigh_boi
      @leigh_boi 4 дні тому

      @@MichaelPizzino agreed catching waves after sweeet mickeyyy vibes is Xmas come early 🥳

  • @vivaan.rishi205
    @vivaan.rishi205 4 дні тому

    Do you recommend to sell or keep for now? Will it come down more? Lost a lot of money. 120k lost in whole portfolio

    • @pun9052
      @pun9052 4 дні тому

      get a real financial advisor

  • @jbsbluesbreakers3347
    @jbsbluesbreakers3347 4 дні тому

    Thanks mate. Appreciate you showing up on a Saturday. Nice to have some UA-cam relief 😂

  • @havzyqhs
    @havzyqhs 4 дні тому +4

    I'm new here please. What are the best strategies to make huge money/profit through cryptocurrency trading ?

    • @firdausimuhammad3599
      @firdausimuhammad3599 4 дні тому

      I made my life changing profit in crypto, Glad I got into crypto when I did because it's been a turning point for me financially been my best decision so far

    • @Kozo-Sushi
      @Kozo-Sushi 4 дні тому

      Patience. You skipped the opening act and you are in the main event, patience and ruthless defensiveness.

  • @RichWidows
    @RichWidows 4 дні тому

    Christmas rally incoming!

  • @chrisV8
    @chrisV8 4 дні тому

    This feels very much like the yen carry trade of the 5th of August. Recovered a bit, set a higher low about 10 days later and from there on, everyone was wishing they bought the dip. 😂

  • @ompalumpaman
    @ompalumpaman 4 дні тому

    Another day another video 🎉

  • @oxJIBxo
    @oxJIBxo 4 дні тому

    Merry Christmas to the Pizzino’s.. thanks for the clip.. I’m still in the office 😊🎉

  • @MuffinHunter69
    @MuffinHunter69 4 дні тому

    Alt are tracking btc. Simply 3 months behind

  • @grantorino948
    @grantorino948 4 дні тому

    Thumbs up !!

  • @ShadowNexis23
    @ShadowNexis23 4 дні тому +3

    I would say more downside is likely. The three days down rule fired off, and the fear and greed index has yet to move out of greed.

  • @leigh_boi
    @leigh_boi 4 дні тому +1

    I keep switching between team Jason to Team Mick, who will make me more money before Xmas. Time will tell. hahahaha mostly keen for a decent steak.

    • @leigh_boi
      @leigh_boi 4 дні тому +1

      21% is average this cycle. If it drops beyond 35% then I am worried.

  • @gameover-wy5ij
    @gameover-wy5ij 4 дні тому

    Bitcoin and crypto had a totally normal correction/ flush of weak hands. Happens in every bullmarket many times before the top. Market reacted properly with nice demand wicks across all coins. Probably Michael got shaken out of the market and thus these titles now. He will buy back higher dont worry. 😅