CRYPTO NEWS - Market Crush - Bitcoin at $32000 - TIME TO BUY
CRYPTO NEWS - Market Crush - Bitcoin at $32000 - TIME TO BUY
00:01 Intro
01:12 Crypto News
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
05:03 Bitcoin Price Prediction
6:33 Outro
Renowned cryptocurrency trader Kevin Swenson told his subscribers how he sees the future of bitcoin cryptocurrency in 2022. He assured the public that his forecast for the future is the most realistic of all. According to the expert, the price of bitcoin will gradually decline.
The analyst noted that he made his predictions based on the analysis of the 20-month exponential average (EMA), which, he said, was a key factor in the historical signals of the reversals of the long-term trend of Bitcoin.
The specialist assured that when the price of an asset is in an uptrend and then the line catches up with the long-term moving averages, it is a sign that the trend is fading and momentum is lost. If it then crosses lower, it is an obvious bearish signal.
Swenson emphasized that the 20-month EMA has traditionally been a reliable indicator of major trend changes during the 2014 and 2018 market cycles. A bear market followed then. Now four years later, the situation is similar. In 2022, the value of bitcoin will only fall .
According to cryptotrader, BTC rate closed below the 20-month EMA line. He expressed confidence that this does not bode well for the bulls. There was a sideways trend on the chart for a long time, but now the situation may change. In fact, it closed below the critical level at the end of April.
#bitcoin #btc
00:01 Intro
01:12 Crypto News
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
05:03 Bitcoin Price Prediction
6:33 Outro
Renowned cryptocurrency trader Kevin Swenson told his subscribers how he sees the future of bitcoin cryptocurrency in 2022. He assured the public that his forecast for the future is the most realistic of all. According to the expert, the price of bitcoin will gradually decline.
The analyst noted that he made his predictions based on the analysis of the 20-month exponential average (EMA), which, he said, was a key factor in the historical signals of the reversals of the long-term trend of Bitcoin.
The specialist assured that when the price of an asset is in an uptrend and then the line catches up with the long-term moving averages, it is a sign that the trend is fading and momentum is lost. If it then crosses lower, it is an obvious bearish signal.
Swenson emphasized that the 20-month EMA has traditionally been a reliable indicator of major trend changes during the 2014 and 2018 market cycles. A bear market followed then. Now four years later, the situation is similar. In 2022, the value of bitcoin will only fall .
According to cryptotrader, BTC rate closed below the 20-month EMA line. He expressed confidence that this does not bode well for the bulls. There was a sideways trend on the chart for a long time, but now the situation may change. In fact, it closed below the critical level at the end of April.
#bitcoin #btc
