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Crypto Bollocks: "You Can't Time The Bitcoin Market"

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Debunking a crypto myth “You can’t time the markets”. Learn how blockchain technology works or how to make and save money with cryptos at https://www.cryptoversity.com/courses/ Table of Contents: 00:00 - Introduction 03:13 - Start of chart analysis ●▬ Social Networks ▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Steemit: https://steemit.com/@marketingmonk Twitter: https://twitter.com/ChrisConeyInt Facebook: https://www.facebook.com/Cryptoversity/ Telegram: https://t.me/TheCryptoverse Email: http://eepurl.com/dlPc9P Reddit: https://www.reddit.com/r/TheCryptoverse/ Minds: https://www.minds.com/marketingmonk Gab: https://gab.ai/chrisconey ●▬ Support The Show ▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Buy online courses: https://www.cryptoversity.com/courses/ Become a patron: https://www.cryptoversity.com/enroll/ Buy Bitcoin: https://www.coinbase.com/join/56e9586dba1a7901da0004d4 Buy a hardware wallet: https://www.ledgerwallet.com/r/d1da Trade crypto: https://www.binance.com/?ref=10890655 ●▬ Donate Crypto ▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Bitcoin: 3Fo7Uri2R4MLBbZZ3Ja1ryiXnto8BfqFL1 Bitcoin Cash: qqjjyt543y0untmq6w5em6h82u60kcaqpywxm7x75w Ethereum: 0x0de0E11E0812982652AB68F903643b0cddD4C0a8 Dash: XbrDZbmqUvUUYsPnj8eSLTLqccXe6QvGoz DigiByte: DBGFU3KLBiLHa6ZfeorxzfeYaA76Joa36B LiteCoin: LKLvp8owSjqbNRo3iT2fwgzCF6XBZVC4ig NEO: AYpGCzgWsZvR6f3fvfDKKkbcCKU1KFU8kd EOS: geydaojvgene ●▬ Sources ▬▬▬▬▬▬▬▬▬▬▬▬▬▬● None
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Text Comments (42)
The Cryptoverse (17 days ago)
Learn how to make and save money with crypto by taking my popular online courses at: https://www.cryptoversity.com/courses/
Dry Dessert (14 days ago)
Reasonable but is it also actionable?
Dtzee Crypto (14 days ago)
the difficulty is holding the right position when a pattern breaks. You maybe following a pattern and have just sold or bought when suddenly the pattern breaks to your disadvantage. Useful to know the current patterns though. Its all helpful as long as dont rely on it. Doesnt matter for long term holders though
Pro Clubs League (15 days ago)
bollocks
The Cryptoverse (15 days ago)
oi
Robert Tomkinson (15 days ago)
You should have gone back further at least to may 2017 and got more data to compare cycles. Also you should be looking at the the fact that the last 7-8 months has formed a giant bull flag in the greater long term multi year chart which could cause the next run up to be a new ATH.
KingChepee (16 days ago)
That's why Fibonacci numbers are major
Major REX (16 days ago)
Pretty good and simple analysis. Cheers Chris.
Bryan Rentoul (16 days ago)
I understand and respect that only you are allowed to say, "BOLLOCKS!" :-) Good vid. Thanks.
Mr. C (16 days ago)
Your starting to sound like an Amway salesman Mr. Comey.
Mr. C (13 days ago)
Thank you for your reply Mr. Comey. With all due respect, I took your 52 lecture course on Bitcoin 2 years ago. I have done extremely well thanks to your education and guidance. Being originally from Texas though, this video sounded a little "tall".
The Cryptoverse (16 days ago)
Not sure what you mean, however I have some excellent soap concentrate if you’d like to buy some?
CyborgCayouche (16 days ago)
Chris, how can you assume that we entered a new cycle, since there is no data available after that. I don't see any clear indicator that the bear market is over. Did you just assume that the market bottomed out because it has been in the green for a few days, and that is must be a new cyclr beginning?
The Cryptoverse (16 days ago)
Listen again to the latter part of the video. For us to declare a new bull market we need to break 10k. This is unlikely to happen in this new cycle.
Lee Mooney (16 days ago)
Good info thanks for sharing
Martin Zwigl (16 days ago)
Where did you buy the Outro-Song? That is awesome...
Lindsay Revell (16 days ago)
do the other historical bull runs
ConstructionRatesUK (16 days ago)
Bitcoin is part currency, part commodity, part security, part programmable value transfer, part social empowerment, part infant, part adult, part fuel, part [insert here] and keep going... It's important to understand what it is fundamentally, even in its infancy, before you apply historic analysis. I think it is worth meditating on, anyway, it's your call.
IKen Gerrick (16 days ago)
Is BlockOne developing any token similar to CRPT? Could you please find out. Thanks
909sickle (16 days ago)
Saundra Bullock
Orlando Newman (16 days ago)
Chris Love your videos always professional and in great detail. You have definitely grown my imagination within Cryptocurrency. Keep it up. Thank you
The Cryptoverse (15 days ago)
Thank you very much for your support :)
Victor T (16 days ago)
What's are the exact rules you're using to decide where a cycle begins and ends? What criterias are you using? etc.
michael (16 days ago)
Victor T imagination.
Juan M. Villaverde (16 days ago)
Haha excellent stuff Chris! Just a few comments: If you connect both of the last 2 cycle tops at 11,800 and 10,000 and project that forward, that's an interesting weekly reversal line. Not as strong as the 10k mark, but still good if we manage to cross that. Secondly notice the declining volatility in each 80 day cycle. Before the final low is established you'll see the market drift sideways for a full cycle as was the case in April-June 2015. That is sadly the only case we have of a pre-bull 80 day cycle. Note how the market takes off right after that 54 day consolidation.
The Cryptoverse (16 days ago)
^^ this is the guy
Eike Willner (16 days ago)
Interesting, I could imagine that the curve gets less dramatic and the lows and tops move closer. with less and less hype the volatility reduces but the market structure seems to hold at around 6k. so another cycle between 6k- 8k should be a realistic prediction.
MR Lee T (16 days ago)
I like looking at at moon cycles also bollocks but also interesting.
James Davidson (16 days ago)
True... TA and FA is bollocks...

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