Bitcoin: Bull Market Support Band

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Let us talk about #Bitcoin and its bull market support band.

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Disclaimer: The information presented within this video is NOT financial advice.

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I feel like at times Ben is scolding me in his videos. Like he’s disappointed in me.

soonergiant
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I can't believe I'm still talking 😂😂😂

ivantrendafilov
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Wonderful illustrative charts, Ben! Your colors are so clear to look at - pink, lemon yellow, powder blue, white and lime green. What could be better? Oh yeh, those fives. Thanks again.

philipclarke
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The 53k close is actually higher than the 49k close, that's a higher low... We can't actually ignore a 49k wick just like that

faywang
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Excellent thanks dr Ben. You did compare 2024 to 2019 earlier this year. In last few days every one is comparing. Agree May now deviate 😊😊😊

bssb
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Couldn't concentrate on anything after the 5.

MrMcSnuffyFluffy
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I LOVE how you pointed out that the factor of time may be a major concern for the time of the downward trend - just like what it did during the last cycle. The consolidation or downward trend could last for 48 weeks with the 1:1 ratio for this bull run. Amazing!

himalaya
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That's an interesting way to draw a 5...

GreyAndSheep
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Ben and Gerhard are the best channels for investors

raymondmaaskant
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Solving for x in Ben’s equation at 7:10 (.75/2.50 = x/5.50) points to 1.65 worth of rate cuts before the higher low may occur.

carvellakuffo
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@ben, I’d imagine the ETF impact on higher highs/lows vs. lower highs/lows is something to consider?

olabueno
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We love hear you talking more than yourself 😊

fruityforests
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BTC.D can go up a little but risk to reward ratio on Altcoins seems much much higher than chasing tgose few % on Bitcoin

silvernaturemusic
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Another great video! I'm not going to say anything, but I'll wait till you do a video about the 5 ;)

spiker
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Patience, Adoption, Education, Catalyst.😃

coyote-
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" I can't believe I'm still talking" 🤣 I am saddened you stopped!

innuendo
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Hi Ben, something to note is the 50wk MA trending up and bull market support band trending down. We have had a couple of wicks to the 50wk and now finding support there. As BTC is squeezed between the 50wk and the BMSB something will give and perhaps then we’ll have our answer. Maybe. Thanks again for the update

SD-nzwn
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I view Ben as one of my best friends. It's been years that I watch you on a daily basis hah1 <3

Autystyczny-gl
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Price keeps going through the bull market support band almost as if it’s arbitrary and doesn’t actually matter 🤯

RedRocket
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Ben you are absolutely amazing, everyone copied your theory right now.

marym