Bitcoin Likely to Fall – Volumetric Analysis and Principles



VolumeProfile Trading Course Join the ToF Discord Group Cryptocurrency Investment Club Beating Up Bitcoin…

37 Comments

  1. $50 "No way this will last "
    $100 "This is a fad just like when the automobile was invented , the horse will remain …."
    $300 "It's a bubble, it's going to pop"
    $1000 "Trust me, it'll burst, just wait a few more months"
    $2500 "Give it a few more days"
    $2000 "Ha, told you all"
    $4000 "It's still a bubble"
    $5500 "Ohh boy, that’s gonna hurt when it bursts"
    $7000 " This is the end , we are close …"
    $9000 " We all knew it wouldn't last "
    $11000 " Within a month it's toast "
    $13000 " It should have never made it this far "

    9 years later ….. and counting …..
    see where this is going….. the only BUBBLE BURST will eventually be FIAT currency . Join the REVOLT join the RESISTANCE join BITCOIN .

  2. thanks 4 ur volumetric analysis, APPRECIATEABLE,
    will u do analysis how much it's gonna go down according to volumetric analysis, can you describe price and is it possible that it will rise again, tnx

  3. Volumetric analysis vs. technical analysis is all much of a muchness, really. Same with different TA methods, whether it's Ichimoku, trend lines, Fibonacci levels, etc. You kind of alluded to this phenomenon yourself, but all the different techniques usually just point to the same thing, with regards to support-resistance levels, price behaviour, etc. For example, I doubt it's a coincidence that spikes in your volumetric bars align with Bitcoin's Fibonacci retracement levels, namely the .618 and .786.

    Anyway, yes it looks like Bitcoin is going lower. Some TA for you, but the monthly chart says it all: Double top in RSI and price with a forming bearish engulfing candle. Yes, it's not technically confirmed, but this close to the end of the month it's pretty unlikely that the situation is gonna improve drastically in the time left.

  4. I was surprised it didn't drop to $8,500 earlier this month so I'm not concerned. What I'm wondering is if I should sell and hold in the USD wallet, then buy back when it hits this target since it seems pretty likely it'll happen. I've always been a HODLer. Too afraid to make a move. Still profited well, but not as well as I could. Not asking to be told what to do, but curious how people play out situations like this.

  5. I’m watching a lot of these other crypto channels completely lose their minds. Their channels were entirely based on getting as many people to buy tickets to the rocketship as possible. Seeing as how the rocketship may not be taking off for months they have no idea what to upload. You sir, should be congratulated for coming in with a clear headed and rational perspective of the market. If we are in a bear market these channels will die and yours will rise.

  6. I like your very different videos, thank you. Even if I just keep thinking of half life while I watch you lol.

    Does this type of analysis look into how much further drop will occur?
    Once people can trade alts and by pass BTC do you think BTC will ever get back to its $20k high?

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