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on June 21, 2022 5 views
What needs to happen before bitcoin finally bottoms? | Gareth Soloway | Alessio Rastani. In this interview with trader and analyst Gareth Soloway, we examine the chart of bitcoin and look at the key factors that must play out before we see likely bottom in bitcoin. We also examine the key levels of support and resistance for the BTC and why they matter. Gareth also explains the psychology of bitcoin traders and holders and how this can be useful. #bitcoin #BTC #alessiorastani
Key notes in the video:
[0:00] Intro
[0:51] Gareth Soloway
[2:38] Psychology and Bitcoin
[5:05] The Bitcoin bubble and the Dotcom era
[8:08] The Bitcoin Chart
[10:20] Bitcoin and the key 20K level
[13:03] Contrarian signals and psychology
[14:59] Resistance on the bitcoin chart
[17:57] Outro
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Trading has large potential rewards and also large potential risks. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. We are neither an investment advisory service nor an investment advisor. Data and information provided are solely for educational purposes. Nothing in this channel, videos and the information provided in it should be construed as a recommendation to buy or sell stocks, ETFs, futures, indices, forex, cryptocurrencies, commodities or any market. The past performance of any trading system or methodology is not necessarily indicative of future results. Current analysis can change due to future market events. Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated, therefore anyone considering it should be prepared to lose their entire investment.
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