Why THIS Bitcoin Correction Is So BAD
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- Опубліковано 12 чер 2024
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*Limited Time Offer!* The clock is ticking on this potential Bitcoin buying opportunity!
In today’s episode, Toby breaks down the recent bitcoin pullback, analyzing the facts to see what’s really behind the bitcoin price movements and which European banks are increasing their exposure to BTC through BlackRocks ETF.
Plus you might be wondering, are we in a bear market? Well, Toby explains what’s causing the 2nd longest pullback in crypto history! Let's find out who is buying bitcoin right now and of course, what's happening in the altcoin market.
Also, Toby gives his insight into the latest federal reserve interest rate predictions. Will there be a surprise interest rate hike or will they remain the same?
Don't wait - watch now and make decisions based on facts not emotions!
00:00 Intro
00:22 Altcoin Update
00:49 Fidelity Selling Bitcoin
01:18 Bitcoin Price Analysis
02:20 Who is buying Bitcoin?
02:56 Federal Reserve Interest Rates
04:18 Bitcoin Chart Analysis
04:55 Bull market Chart Analysis
05:50 Don't panic!
#CryptoNews #Bitcoin #Cryptocurrency #bitcoinprice
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Are you buying alts in this dip? 🤔
See which alts we're buying in the CT Club 🤫
👉 learningcrypto.com/
no, Im all in since the bottom.
Yep. XRP and shiba
With WHAT money??? Aren't we "all in"? :D
Yes, I bought SHIB, BONK, AND FETCH. 😊
Every cycle we have 40% correction. If we don’t have a big correction, we won’t see a high BTC.
Doesnt need 40%.
YT, Google, Alphabet are running scam ads on videos (again)....
Strange times!
Sick rhymes.
Egregious crimes?
Taking profit is not a bad thing.
Very few things are "up and to the right" forever, apart from gold, real-estate, and now Bitcoin.
As a former real estate investor, I think in terms of years which is generally 7-10 years. Bitcoin has reduced that to 1-4yrs. Your future self will thank you if you just hold.
Thx Toby and Heidi
Great Job Toby. . .you help us all to pan out and see the big picture here. . . Well done.
Not panicking but disappointed- Many of us have been eating rice & beans for years to stack sats for the expected post- halving gains.
They're coming!
@@jameshammond3853 or NOT!
Don’t be disappointed brotha this is a necessary correction and consolidation period if you want to see 150-200K or higher this pull back is mandatory. We could honestly go sideways for months and months in the 45K to 65K range it wouldn’t shock me or shake me if we saw 40K in May then again we might be going back up to 70K shortly either way consolidation is HEALTHY and NECESSARY for us to go higher and longer especially if this Bull Market 📈 does continue into 2025 than be prepared for several 20-30+% pull backs and consolidation sideways trading for months and months 🙏🏻🕊️
Shit won't pop off right away. Be patient
You have been on point Toby
Thank you Heidi and Toby!
❤❤❤
We've had pulled backs right after Halvings almost every Halving. How is it different?
The difference is that the TOP may already be in!
Is that Capo dude still out going on about 12k?
Thank Toby. Is institutional investment a form of Centralization?
Top in September -December 2025, better be patient..it wasn't nonstop from 30-70k, there were many stops and consolidations
So is Bitcoin proving all the naysayers right? Why does it feel like all the bullish sentiment has been in vain? I’m still holding no matter what!!!!
Beware! We could all be holding "bags"... not my first time... don't want to get trapped again...
@@MarcoLopesPT you smell like a 🐻
We so need YOUR voices in this space guys. I remember when btc hit 70k+ and Toby's excitement in his voice & his lit up face like it was CHRISTmas morning. We also need the calm in the storm voice offering reassurances when people are freaked out.
Thank you being a strong anchor in choppy waters. 🏄♂️ 🌊 🪙 💰 👑
My hypothesis is that the BTC ETF outflows are due to the initial investors having stop losses set maybe at 15-20%
Rate cuts? Yellen sure wants them.
Speculation that rewards takes time. I am expecting around the 8th of this month to be around the time the dust settles and we have lift off again.
This is normal 4 BTC. Chill and DCA+hodl.
That strategy burned me back in 2017...
Btc won’t give you life changing gains, you should only rotate profits into it, this is the last chance before crypto market matures to make real gains impossible, invest into pulsechain for a 30x
@@MarcoLopesPTprobably cause you didn't SELL
Looking at Monthly/weekly charts Bitcoin it looks to me Bitcoin is going down!
Staying bullish yesterday today tomorrow 🎉
What dip?? The 63? 60? 57? or the next dips? 55? 53? 50?
How does Bitcoin thrive on inflation? Is a depression good for Bitcoin?
BNP Paribas own... 40k$ of i-shares BTC. Not even the equivalent of 1 BTC 🤣🤣
So funny 560 million etfs dumped then retail did too
I don't understand. Why does the title of this video say BAD? What is bad about this correction?
I corked some more at 57K. Let's ride this train.
There is a scam advertisement using Michael Saylor before this video starts. I have reported to UA-cam multiple times, but they allow scammers for weeks now.
I sent my btc to saylor still waiting for the x2 return.
Buddy.. that’s a scam. You just got robbed. I got scammed via this ad 3 weeks ago. 🤦🏻♂️
May Allah bless you all, Welcome everyone please can you explain more to me honestly I really want to know more about this platform hope is helpful.
Wow are you serious about this because I have seen so many people with testimonies .
I believe that god will bless Mrs Nina Grant and give her more knowledge to continue his good work, I trust her so much.
that's her 🙌 username
CRYPTO is haram. It is gambling. You should not be involved in it.
Doesn’t make any difference what had happened in the past. Has no bearing on what will happen in the future. This is whole new ballgame
i wonder if Bitcoin confiscated by FBI (Wikipedia says 50,676 Bitcoin) from Dread Pirate Roberts is being used to manipulate prices.
If anyone is long any asset, they should own it, they should not trade it! If you want to hold Bitcoin long term, buy it, put it in a wallet, and leave it there.
Hi Crypto Tips. We love the work you are doing. Are you available for an ad or content promotion on your UA-cam channel?
Mike Alfred is that dufus that kept saying he knew hedge fund friends that was buying bitcoin in the last cycle. Gave a prediction of a crazy high bitcoin price by a certain date and then had to apologize for it later on twitter.
Why does the content give the opposite message of the thumbnail? 🤨
Dips are for buying at a discount.
Oh my Lamborghini, every time I get close to what I bought at the last peak suddenly there's another reason I should dca, grab that falling knife because......Lamborghini!😅 some day soon.
Lambos turning out to be a Toyota 😭
Jerome,s job is like cook,s
Am I the only one who has to watch Toby at 1.5x speed? He talks in slow motion lol. Love you Toby (and Heidi)
I went with 1.75x 😁
Yeah idk why he’s the one talking videos
Cut out the Adderral
And you said bitcoin will reach 100k before we get 50ks again. Failed prediction
You sound semi knowledgeable but I have learnt nothing new.
If you expect markets to behave in a particular way because it did so in the past, you are a danger to yourself and should find a different hobby. It is hilarious to watch these fools telling you exactly how 'this cycle' is going to play out, based on the 4 previous cycles. hahaha.
The only problem with this channel is this influencer has a very negative attitude against leverage traders and is happy when or if we lose money. I didn't get liquidated but my friend did. He's a struggling security guard who doesn't have a lot of money and is just trying to make a few dollars. He is not "evil" and neither am I or many of us little guys who are just trying to make a little money. I hope this guy is very happy my friend lost his $200. That's my comment.
Earth is the floor of the entire universe, ❤ Earth is not a planet, the North is the center of the universe
holy f, I've never thought of it like that. OMG what if thats true
Amazing... how did you find it out?
Flat earther?
You deserve to own nothing and eat bugs.
@xyyx1091 :) changed my cosmology in 2016 from heliocentric to: open to more ancient forms of cosmologies, it was a long journey but being astronomy enthusiast, pilot and anarchist, I love to deny the part of the government that "teaches" about space our origin and purpose
Lay off the gummies bro
Bitcoin is going to destroy the slimey hymies printer.