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Is the Bitcoin (BTC) price chart showing gigantic warning signs here, in my opinion?! Let's discuss this live today and some cryptocurrency trading technical analysis (TA) + speculative price prediction(s) + current 2019 market news for cryptos in today's video/live stream!
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Disclaimer: The content covered in this video/live stream is NOT investment advice. I’m NOT a financial adviser. These are only my own personal opinions, ideas, charts, technical analysis (TA), insights, curated news publications and price prediction(s) for 2019 and beyond. Always do your own research and only invest solely based on your own findings and personal judgement. Trading and/or investing in Bitcoin (BTC), Ethereum (ETH) or any other type of cryptocurrency or altcoin is extremely high risk and the market + price of any asset can crash at any time! Cryptos are incredibly volatile! You should always consult with a professional financial adviser before investing or trading any asset/commodity/etc. This video/live stream is purely for entertainment purposes only! ---
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Keep up the great work Kirbs! I always enjoy tuning in for your TA! Without a doubt the most honest opinion out there on the market, hats off to you for putting yourself out there!!! I'm thinking we bounce around in a decreasing 5% range for a few days then back to $6950 on or before 17th June... After that I'm tuning back in for your update! 👀 👍😆
Maybe another retrace back to 7600 region then a fakeout to about 8250 then the real retracement begins, either way, thanks for the input Kirbs you've really helped my general understanding of the situation, appreciate it.
Glad you touched upon the NVT as it is looking bleak. You are doing a great service to the community by warning traders and new investors of the danger the market is currently in. Keep up the great work!
It seems everyone is calling a dump to $6k, to include myself. The only concern I have is if everyone is waiting for the pull back, the buy orders will be placed at $6k and higher as people don’t want to miss the dip. Couldn’t that keep the price from falling to where everyone is expecting it to go?
Charts say bearish, gut says its gonna go crazy one of these days and go beyond parabolic. Let's not forget how early we still are. What percent of the worlds population owns Crypto currency? Something like 2% what happens if 2% more people buy crypto? What about if 50% of world population owned Bitcoin/altcoins? Its exciting to be so early.
I think you're Correct 1 more time Mr. Kirby, (The Don Corleone of Crypto), is going down to around $6 K maybe less. There is a Tremendous Amount of Money waiting to be dump on Cryptocurrencies, sooooo the Big Boys, Whales WILL Bring the Market Down for their Customers to Spark that Engine to BUY. How Low is going to go before that happens, only GOD knows, sooooo Patience and lets hope We All feel that same feeling for the Correct MOON SHOOT, Tkanks Kirby for All your Time and Knowledge, Peace
May I point out.. on the NVT notice the first drop was much bigger, then then second one was 50% drop, and now if we drop this third one, I think it would be around that 20% drop like your last video said. That sounds spot on. Also let’s not forget we are in a golden cross phase now, and those last ones were in the bear market. Just a thought.
Between the RSI dropping, low volume, MACD still heading downwards and way above the histogram, lack of any real pullback after that last runup - and even the quick little pump this morning not breaking the previous high, I think we need to be ready for a fall. That pump this morning might catch people slippin, reck some folks
As the world shifts towards a more digital, cryptography-protected way of doing business, traditional banking platforms are being slowly phased out the financial scope. Only those willing to adjust and include more efficient payment systems, which are both faster and safer, will be able to maintain in the business and survive.
Ripple Price Today.
Ripple is a project based on small free software that pursues the development of a credit system based on the end-to-end paradigm. Each Ripple node functions as a local exchange system, in such a way that the entire network forms a decentralized mutual bank.
In other words, the Ripple platform is a distributed social service based on the honor and trust of existing people in real-world social networks. In this way, financial capital is based on social capital. A reduced version of the Ripple network would consist of an extension of the existing hierarchical banking system.
The Ripple technology is, in fact, more widely known for its digital payment protocol than for being a cryptocurrency. Since being co-founded by Chris Larsen and Jed McCaleb in 2012, it has flourished, reaching worldwide recognition and market success via the digital coin, the XRP.
Ripple functions in a decentralized platform that fosters money transfers in any form. It is open source and peer to peer, and can work with several exchanges and currencies, physical or crypto, such as US dollars, Yen, Litecoin, and Bitcoin.
To work correctly, Ripple implements the Gateway medium, which serves as the link in the trust chain between two parties wanting to make a transaction. Gateway is the credit intermediary, the one in charge of receiving the funds to public addresses managed within the Ripple platform. In Ripple, anyone can sign up and open a gateway that authorizes that person to be the middleman for exchanging currencies.
Later, between 2014 and 2017, Ripple began to focus on the banking market, with Ripple Labs taking part in related projects. They experimented with an App for iPhone that enabled users to send and receive transfer between them. Since 2013, the Ripple protocol has been adopted by numerous financial institutions to offer an alternative remittance option to people.