News: Crypto Analyst: After $10,000, Bitcoin Price Will Never Again Trade at Four Digits − 稼げる投資系口コミ情報サイト【Trade Center】

For the most complete data on all crypto currencies check: https://coincheckup.com | The crypto research platform.

Full credits for this video to NewsBTC who listed the info in this video on an article on their website:
https://www.newsbtc.com/?s=Crypto%20Analyst%3A%20After%20%2410%2C000%2C%20Bitcoin%20Price%20Will%20Never%20Again%20Trade%20at%20Four%20Digits

——–

Crypto tags:

#BitcoinNews #CryptoNews

——–

Transcript:

0:00:00 Crypto Analyst: After $10,000, Bitcoin Price Will Never Again Trade at Four Digits

0:00:06 This update is brought to you by “CoinCheckup News Updates” and was originally published on “NewsBTC”.

0:00:12 While it was only a little more than six months ago that Bitcoin price was trading in the low $3,000s, where it set its bear market bottom and multi-year low, already the crypto asset is trading at over three times the value it was such a short time ago.

0:00:26 We’ve all heard it before.

0:00:29 Bitcoin will never again go below $XXXX price.

0:00:32 It was a common thread after each rally began throughout the bear market, but each ultimately ended with an increasingly lower top, creating a descending triangle that broke down and brought Bitcoin to lows nobody expected.

0:00:44 The plummet left bulls in disbelief, and a short trip below $6,000 enabled whales to accumulate the crypto asset.

0:00:51 Just as nobody expected support at $6,000 to break, they also never expected to leave bear market lows in Bitcoin’s dust so soon after the bearish meltdown.

0:01:01 But here we are, and Bitcoin is once again flirting with critical psychological resistance at $10,000, and a break above could spark a brand new bull run.

0:01:10 In fact, the momentum Bitcoin has built up thus far has caused its 200-week moving average – the same important indicator that acted as support near the bottom – has begun to grow at such a high rate, that the price per BTC may never again trade below $10,000 soon after it goes above it.

0:01:26 According to crypto analyst PlanB – a reference to Bitcoin – the asset’s 200-week moving average has once again started to grow at a rate of 5.8%. Past patterns have shown that this rate only increases during a bull trend – and arguably, the next bull trend hasn’t fully even started yet.

0:01:43 Thanks for checking this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: “NewsBTC”, who originally published this news update on their website.

——–

Other Credits:
Background music: Ticker by Silent Partner (2)
https://soundcloud.com/search?q=Silent%20Partner%20%282%29
Creative Commons – Ask Silent Partner (2) for permission if you want to use this song.
Music promoted by Audio Library https://www.youtube.com/channel/UCht8qITGkBvXKsR1Byln-wA
* Created with https://content2video.com technology | Creating videos out of your data.