Here's why I Bought the Dip - Market Update

Поділитися
Вставка
  • Опубліковано 4 сер 2024
  • Join our free Discord chat:
    / discord
    🎯 Discounts and bonuses:
    Gate io (-20% fees + airdrops): www.gate.io/signup/AlVFUggN?r...
    OKX (-20% fees): www.okx.com/join/1936413799
    Binance (-10% fees): accounts.binance.com/en/regis... [HY9LOY8H]
    Kucoin (-20% fees): www.kucoin.com/r/af/QBSSSWAS [QBSSSWAS]
    BitGet (-10% fees): bonus.bitget.com/TGJRW4
    Bybit: partner.bybit.com/b/6297
    💳 Cryptocom debit card $25 bonus code: denome crypto.com/app/denome
    Watch how to set a simple crypto trading bot (EazyBot earns 1-3% per month): • EazyBot Made $380 in 3...
    My favourite VPN (code "denome" gives 1 free month on a 2 year plan): go.nordvpn.net/aff_c?offer_id...
    Santiment analysis tool for Bitcoin and altcoins (free and paid version):
    app.santiment.net/?fpr=yu91e
    Get your Ledger hardware wallet: shop.ledger.com/?r=5000de9c47bd
    Rabby defi wallet: rabby.io/rabby-points?code=DE...
    The information on the videos and discussions on the comments mustn't be considered financial advice. For educational purposes only.
    #crypto #Bitcoin #analysis
    #crypto #cryptocurrency #minmax #denome #trading #investing #bitcoin #blockchain #ethereum #btc #eth #defi
    Donations:
    BTC: 1DtjrwJysNT81bmrkrJNYBpEUQgPHPaj1v
    ETH / ERC20 tokens: 0xEa798e7d2317F1c68D0407fCb496690a08969647
    BSC / BEP20 tokens: 0xEa798e7d2317F1c68D0407fCb496690a08969647
    TRX / TRC20 tokens: TAXE3k1hpWew8nMsJrzJdBX5Lvy4V5vo5K
    ❤️Subscribe if you want to keep up to date and learn more about crypto, investing, passive investing strategies, trading, and more.
    Escape UA-cam censorship to Odysee video platform: odysee.com/$/invite/@denome:4
    FULL DISCLAIMER: Some links in the description are affiliate links.

КОМЕНТАРІ • 40

  • @denome
    @denome  Місяць тому +3

    6:35 I forgot to explain MVRV. It is Market Value to Realized Value = Market cap / Realized Market cap.
    It shows the current price of Bitcoin divided by the price when those Bitcoin were acquired. When the line is below zero, it means more Bitcoin are at a loss than on profit and essentially indicates that sell pressure from those who are at a profit has withered. People can still sell at a loss which is why you sometimes see those big spikes below the line.
    While rewatching this video, I have to say I didn't exactly give a fair valuation to TOTAL2 chart. I shoulda looked at the 1 hour chart. I can see how you could interpret it as bullish too in the short-term.

  • @MetalGirl800
    @MetalGirl800 Місяць тому +42

    I wonder how long the strong volatility will last. Right now I almost enjoy it - bull markets give me confidence for the future, and bear markets are times to stock up (more than usual). Mass adoption will likely flatten this out, yes? BTC's probably not old enough to provide enough data points for a reasonably valid prediction. Less volatility will make collateral loans (never sell!) and estate planning, etc., easier, so I'm looking forward to that, too.... the best way to make that fortune before this upcoming financial crisis crushes the economy is by investing in the crypto market.....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

    • @MetalGirl800
      @MetalGirl800 Місяць тому

      Linda Wilburn program is widely available online.

    • @s7s0nXx
      @s7s0nXx Місяць тому

      I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.

    • @krytenss
      @krytenss Місяць тому

      Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

    • @Fdjp
      @Fdjp Місяць тому

      The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

    • @gabhrielixx
      @gabhrielixx Місяць тому

      It was quite challenging to understand the different trends on my own until i found out about Wilburn. Trading made easy.

  • @sdover0123
    @sdover0123 Місяць тому +2

    Love how you explain your thinking - nice work on the recent predictions!

  • @ZkHero-ir7kq
    @ZkHero-ir7kq Місяць тому

    Thanks for the update denome. Keep it up !

  • @danielwall5914
    @danielwall5914 Місяць тому

    Thank you for the update. Very good content

  • @flightfred
    @flightfred Місяць тому

    thanks for the update, nice to see that you changed your mind

  • @aab-tc7kc
    @aab-tc7kc Місяць тому

    well done brother!!!!!!!!

  • @lordaake
    @lordaake Місяць тому

    Very nice analysis.

  • @mohamadbakkar247
    @mohamadbakkar247 Місяць тому

    how can we find the global liquidity indicator ?

  • @chasehadley5230
    @chasehadley5230 Місяць тому

    It hasn't been that difficult to tell that btc would dump. Even Stevie Wonder could see that.

  • @Scrubjayy
    @Scrubjayy Місяць тому

    Awesome analysis. Subscribed
    How likely is it that btc pumps to 70K and dumps to around 60K again in august/after?

  • @chasehadley5230
    @chasehadley5230 Місяць тому

    Actually denome has had a long streak of poor calls: band, UNCX, fwib, dogi to name just a few!

  • @romuluxb
    @romuluxb Місяць тому

    People are waiting for that mt gox btc to get sold off. There are no more sellers now, but holding off the buying is probable till mt gox plays out finally!

    • @denome
      @denome  Місяць тому

      Very good point.

    • @tylerjodeblock1224
      @tylerjodeblock1224 Місяць тому

      mt gox fears go way back since 2017.

    • @OverclockedT
      @OverclockedT Місяць тому

      ​@@tylerjodeblock1224 Long before that, but the difference is that those users are actually receiving their claims this month

  • @wiamlaamoumri2375
    @wiamlaamoumri2375 Місяць тому +1

    Lately, I got interested in crypto but has no idea how to go about it. Can anyone Help with a reliable tra-der?

    • @lexi7043
      @lexi7043 Місяць тому

      I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached

    • @lexi7043
      @lexi7043 Місяць тому

      Evelyn Turner is the professional that guides me and her optimal returns are really impressive

    • @Grealish999
      @Grealish999 Місяць тому

      Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Did you genuinely know her? I was under the impression that I was the sole beneficiary of her guidance through the challenges of trading.

    • @Stefanie-qj7lw
      @Stefanie-qj7lw Місяць тому

      Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!

    • @YankeefJone
      @YankeefJone Місяць тому

      Goodness gracious I'm so excited seeing Ms. Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a UA-cam referral like this

  • @foreveryoung7757
    @foreveryoung7757 Місяць тому

    Perfect opportunity my ass! It’s going to 20k. Stop misleading ppl

    • @macrobody
      @macrobody Місяць тому +1

      The perfect contrarian indicator, thanks

    • @tylerjodeblock1224
      @tylerjodeblock1224 Місяць тому

      you remind me of the people that been calling for 10k all throughout the bear market

    • @foreveryoung7757
      @foreveryoung7757 Місяць тому

      @@tylerjodeblock1224 and u remind me of idiots thinking that regardless of whats happening in the world btc is going to moooooon😀😀 btc real value is around 4k -6k at the moment. The rest is hype