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PREPARE FOR BITCOIN’S INSANE NEXT MOVE…HAS CRYPTO MARKET BOTTOMED?

Posted on June 23, 2022June 18, 2022 By Kelly Donner 66 Comments on PREPARE FOR BITCOIN’S INSANE NEXT MOVE…HAS CRYPTO MARKET BOTTOMED?

Bitcoin is riding the 200 week moving average! THIS IS HISTORIC SUPPORT! Let's discuss the LATEST cryptocurrency news for bitcoin, ethereum, altcoins, & more! 👋 SLAP THE LIKE BUTTON!

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TimeStamps:
00:00 Intro
00:35 Significance of Bitcoin’s 200 Weekly MA
02:28 Bitcoin Lowest Weekly RSI since 2011
05:06 Bitcoin Hits Lower Bound of Its “Production Cost”
07:04 ​​OpenSea Announces New Security Features for Ethereum NFTs
07:55 Mina Protocol Ranks #1 in GitHub Commits
08:25 Elrond (EGLD) Ecosystem is GROWING!
09:39 Binance to Become a Super App w/ NEW Partnership

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Comments (66) on “PREPARE FOR BITCOIN’S INSANE NEXT MOVE…HAS CRYPTO MARKET BOTTOMED?”

  1. Altcoin Daily says:
    June 14, 2022 at 7:39 pm

    Scammers/bots are getting much worse!! They are using my name and logo in comments to trick you. DO NOT EVER send money to someone from the comments or DMs. Be careful! 👍

    1. Vincent says:
      June 15, 2022 at 4:00 am

      Ййййййййййййййййййййййййййф

    2. WhatsApp ⊕①⑨⓪⑧④⑧①⑤⑦②⓪ says:
      June 15, 2022 at 4:05 am

      Investment and Feedback appreciated
      Wanting more insights?
      Endeavor to reach out!✍️✍️

    3. Takeova Zaza says:
      June 15, 2022 at 8:28 am

      China is going through a financial crisis as well and I believe this is also contributing to the down movement of Bitcoin finally we’ll see organic growth with countries that cooperate with Bitcoin miners in mind

    4. Dongsheng Di says:
      June 17, 2022 at 9:47 am

      sell your house now
      to buy Bitcoin.
      thank me later

  2. 420Gold says:
    June 14, 2022 at 7:48 pm

    Bitcoin also hasn’t been through a recession, inflation, or serious stock/bond bear market. Conditions were relatively easy all those other times. Just sayin.

    1. Mark Palmer says:
      June 14, 2022 at 8:18 pm

      @Josh I think it’s crashed. And it may crash more when Celsius blows up.

    2. HUNCHO JACK says:
      June 14, 2022 at 9:37 pm

      I keep seeing this comment like sheesh I wonder who sed this first

    3. Frank Morejon says:
      June 14, 2022 at 9:44 pm

      That is why I believe not a big allocation is needed. If it’s insurance, you don’t expend all your money on insurance

    4. jt 12 says:
      June 15, 2022 at 12:07 am

      Bitcoin has only been in a low rate market with no risk now feds raising rates

    5. Crypto HODL says:
      June 15, 2022 at 9:02 am

      And recessions, depressions don’t last forever. Don’t you think buying bitcoin during a terrible period like a recession is how people become millionaires once the recession ends? Man you people think way to emotionally and short term.

  3. Rafi Khan says:
    June 14, 2022 at 7:56 pm

    The overall macro conditions make me fearful about holding support on 200 W ma.

    1. Big&Tall says:
      June 15, 2022 at 9:31 am

      200 MA will be resistance we are moving into a depression and no real recovery until Trump is re-elected in 2024

    2. This is 2020 says:
      June 15, 2022 at 8:35 pm

      @Big&Tall yup, also whens the last time BTC experienced a rising inflation, quantitative tightening etc. I can see btc hitting 15k

    3. This is 2020 says:
      June 15, 2022 at 8:36 pm

      especially if MICRO STRATEGY gets called in btc will plummet.

    4. Big&Tall says:
      June 16, 2022 at 8:22 am

      @This is 2020Doesn’t look good as Bitcoin is entering a recession economy and has only performed in a bull leg up in the global world economy. I feel BTC will hit $1,000 again.

  4. Kevin Shook says:
    June 14, 2022 at 7:58 pm

    I’m bullish long term but I don’t think the next rate hike will do it any favors.

    1. Huey says:
      June 14, 2022 at 8:13 pm

      Bullish long term (5-10 years), bearish short term (1-2 years)

    2. CrimZn Cipriano says:
      June 14, 2022 at 9:05 pm

      Rate hikes, this coming one, July and September. On top of what’s already been done. Ughhhh

    3. Wallets says:
      June 15, 2022 at 8:16 am

      V̲i̲e̲w̲ ̲m̲y̲ ̲y̲o̲u̲t̲u̲b̲e̲

  5. Jacques Michaud says:
    June 14, 2022 at 8:15 pm

    You’re missing the point, environment has changed and the 200 MA is meaningless.BTC will see sub 15K as the entire market, by that NASDAQ

    1. Jacques Michaud says:
      June 15, 2022 at 2:42 am

      @Swanni Don’t be naive, BTC as a risk asset and the markets are about to crash due the issue the FED never took care of the problem in 2008 thus were heading to stagflation (if were lucky) look up stagflation assuming you haven’t been around that long. BTC has ONLY been around since then 2008, time of QE and FREE MONEY, the narrative that BTC is inflation resistant and a store of value is incorrect has already been proven wrong. So ya 15K maybe but possibly MUCH lower.

    2. Richard Dangles says:
      June 15, 2022 at 5:04 am

      Someone with some brains published the right comment. People have no idea what’s going on in the world. This is different. This is the mother of all bubbles. Geopolitical is just as important as charts. When it comes to the great rest this chart is worthless. People are going to be in shock when bail-ins come into play.

    3. BBJ says:
      June 15, 2022 at 5:29 am

      Totally agree… we’re in new territory, and therefore old metrics need to be taken with a large grain of salt.

    4. Crypto HODL says:
      June 15, 2022 at 9:00 am

      @Richard Dangles no investor that you look up to ever sold out of their positions during fear. All of them were buyers. The more fearful it gets, the more they buy. The more scared you guys get, the more I want to buy.

    5. Jake Andrea says:
      June 15, 2022 at 10:56 am

      I agree this is a whole new ball game. We can’t trust historical data when there’s only 10 years of data to look at , it’s not patterns it’s just false hope, I see us bottoming out in between 10-17k who actually knows, that’s why I am starting to DCA rn bc it’s still at a good price point. No idea when I will start DCAing alt coins tho bc those look dreadful lol

  6. Jeremy says:
    June 14, 2022 at 9:37 pm

    There was 30% more drop after it broke through 200 ma in 2020. 30% drop from current level is about 16000, that’s where I will start entering.

  7. YuP says:
    June 14, 2022 at 10:35 pm

    Great video, made it to the end on this one, due to the lack of shilling. Thank You

  8. iRoc Von JamminStien says:
    June 14, 2022 at 10:41 pm

    RSI “relative strength index” it’s very possible to keep going down in oversold and keep going up in overbought.

    There’s literally a global crash happening before your eyes. Do not think it can’t go lower.

    Odds are we go lower and stay lower until the halving.

    1. WhatsApp ⊕①⑨⓪⑧④⑧①⑤⑦②⓪ says:
      June 15, 2022 at 4:29 am

      Investment and Feedback appreciated
      Wanting more insights?
      Endeavor to reach out!!

  9. iRoc Von JamminStien says:
    June 14, 2022 at 10:45 pm

    The supply chain issues caused a massive delay in pre bought Bitcoin ASICs delay. Those ASICs have recently flooded the network. Greatly increasing the cost to creat a Bitcoin. That chart and the 200 weekly ma are irrelevant until things balance out again. Gonna take some time

    1. iRoc Von JamminStien says:
      June 14, 2022 at 10:53 pm

      Also we are way below the weekly 200 ma

      W
      A
      Y
      B
      E
      L
      O
      W

    2. WhatsApp ⊕①⑨⓪⑧④⑧①⑤⑦②⓪ says:
      June 15, 2022 at 4:29 am

      Investment and Feedback appreciated
      Wanting more insights?
      Endeavor to reach out!!

  10. Tonzie Norman says:
    June 14, 2022 at 11:00 pm

    In the past big institutions weren’t buying in it was just retail. I feel the “new” floor will be the 300 day MA. Maybe btc low @$12k Eth somewhere between $300 to $600. I’m buying Eth at $420 lol

    1. Jamenoodle says:
      June 15, 2022 at 1:00 am

      This is alligned with my speculation as well! 12-14k btc and 300-500$ eth lets gooo

    2. Amit Padhy says:
      June 15, 2022 at 2:02 am

      Same

    3. Andro says:
      June 15, 2022 at 2:55 am

      BTC $11k dollars and $500 ETH, untested demand zones, and the macro environment is alligned

    4. ooga booga says:
      June 15, 2022 at 7:05 am

      Where do you get the 12 k bottom from?

    5. Wallets says:
      June 15, 2022 at 8:18 am

      V̲i̲e̲w̲ ̲m̲y̲ ̲y̲o̲u̲t̲u̲b̲e̲

  11. Music Addict says:
    June 15, 2022 at 1:31 am

    Even if btc go bellow 200ma weekly it can go up back to 200ma weekly,it happened before

    1. WhatsApp ⊕①⑨⓪⑧④⑧①⑤⑦②⓪ says:
      June 15, 2022 at 3:51 am

      Investment and Feedback appreciated
      Wanting more insights?
      Endeavor to reach out!☝️❤️☝️

  12. game over says:
    June 15, 2022 at 3:27 am

    I m a huge bitcoin bull but production cost doesnt matter actually. Bitcoin produces the same rewards independently of how many miners there are in contrast to gold miners where the supply goes down if they stop mining when costs are higher than price.

    1. WhatsApp ⊕①⑨⓪⑧④⑧①⑤⑦②⓪ says:
      June 15, 2022 at 3:55 am

      Investment and Feedback appreciated
      Wanting more insights?
      Endeavor to reach out!

  13. Dom Baker says:
    June 15, 2022 at 4:27 am

    Expect another short-term move to the upside soon. But after that it’s going even lower again. On the upside I think we will be out of this bear market in 6-12 months from now.

    1. WhatsApp ⊕①⑨⓪⑧④⑧①⑤⑦②⓪ says:
      June 15, 2022 at 4:28 am

      Investment and Feedback appreciated
      Wanting more insights?
      Endeavor to reach out!!

    2. Dom Baker says:
      June 15, 2022 at 4:34 am

      Sorry. I’m not interested in talking to Indian scammers.

    3. Mitya says:
      June 15, 2022 at 6:08 am

      Hello come again haha

  14. Richard Beaumont says:
    June 15, 2022 at 5:19 am

    The production floor doesn’t work in this case, because production doesn’t slow down. If some miners go offline, difficulty will adjust down. So essentially production costs will fall as price drops.

    1. WhatsApp ⊕①⑨⓪⑧④⑧①⑤⑦②⓪ says:
      June 15, 2022 at 5:21 am

      Investment and Feedback appreciated
      Wanting more insights?
      Endeavor to reach out!!☝️

  15. Nala Kirkwood says:
    June 15, 2022 at 5:22 am

    At the time of writing this comment, on the weekly chart, BTC has sliced through the 200 week MA. Unless the weekly candle body, closes above it, more downside quite likely!

    1. WhatsApp ⊕①⑨⓪⑧④⑧①⑤⑦②⓪ says:
      June 15, 2022 at 5:22 am

      Investment and Feedback appreciated
      Wanting more insights?
      Endeavor to reach out!!☝️

  16. Jayson says:
    June 15, 2022 at 5:26 am

    I’m predicting Bitcoin will continue to fall thru the summer reaching it’s low around $15K!

    1. WhatsApp ⊕①⑨⓪⑧④⑧①⑤⑦②⓪ says:
      June 15, 2022 at 5:28 am

      Investment and Feedback appreciated
      Wanting more insights?
      Endeavor to reach out!!☝️

  17. Smokey Daddy says:
    June 15, 2022 at 10:09 am

    Hello, you somehow answered in the comments that you would do a review on botplanet. Against the backdrop of the fall of bitcoin, many projects cease to exist, and the bot planet continues to develop and stay afloat, and the number of partners and services within the project is already quite significant. I would like to see a couple of reviews, including yours, in order to weigh everything to the end

    1. мяуксяукс says:
      June 15, 2022 at 4:44 pm

      sounds interesting, I’ll be waiting

    2. Mejik 2334 says:
      June 15, 2022 at 4:52 pm

      I join

    3. WAT'SAP ㈩①(②⓪③) ②④④-①①⑨① says:
      June 16, 2022 at 5:50 pm

      @Mejik 2334 ⬆️ᴛᴇxᴛ ᴍᴀx ғᴏʀ ᴛʜᴇ ɴᴇᴡᴇsᴛ ɪɴᴠᴇsᴛᴍᴇɴᴛ ᴛɪᴘs <<ʀᴇɢᴀʀᴅɪɴɢ ᴄʀʏᴘᴛᴏ>>🚀🚀

  18. Lucy Wills says:
    June 16, 2022 at 3:34 am

    schönes Video und tolle Inhalte, bitte, was ist der beste Weg, um Kryptowährungsinvestitionen zu starten und gute Gewinne zu erzielen? Ich habe meine persönliche Recherche für eine Weile durchgeführt und weiß immer noch nicht, wo ich anfangen soll

    1. Lucy Wills says:
      June 16, 2022 at 3:43 am

      Wie kann jemand einen erfahrenen Trader kennen, dem er vertrauen kann, wenn die guten von heute schwer zu finden sind?

    2. Travis Donald says:
      June 16, 2022 at 3:45 am

      @Lucy Wills Ich werde Sie meiner derzeitigen Maklerin, Frau Camilla Margaret, empfehlen, sie kommt aus den USA und ihre Handelsstrategien sind erstklassig.

    3. Lucy Wills says:
      June 16, 2022 at 3:46 am

      Bitte, wie kann ich diese Frau, Frau Camilla Margaret, kontaktieren? Ich werde auch gerne mit ihr investieren

    4. Travis Donald says:
      June 16, 2022 at 3:49 am

      @Lucy Wills Bitte erreichen Sie sie unter ihrer Telegrammnummer [@investwithcamilla

    5. Doris White says:
      June 16, 2022 at 3:51 am

      Camilla Margaret, hat mein Leben wirklich verändert, ich habe 7.000 € investiert und sie hat in nur einer Woche 29.500 € für mich verdient, ich habe das Glück, eine Agentin wie Frau Camilla zu haben

  19. FREE BTC MINING SOFT - CHECK PROFILE says:
    June 16, 2022 at 4:55 am

    The overall macro conditions make me fearful about holding support on 200 W ma.

  20. torimontanax says:
    June 18, 2022 at 7:16 am

    Focus on the big picture. In the past, markets have bounced back regardless of how deep or how long the downturn was. Historically most of the market’s best days have come during these periods and that’s why you shouldn’t panic. I’m a long-term investor and “Auto-DCA” irrespective of price and chills

    1. Nkechi Nkwocha says:
      June 18, 2022 at 7:29 am

      I have always been fascinated with investing but being a single mother and juggling all these things are quite difficult. How can I get started? any recommendations would be appreciated

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