Bitcoin: Bull Market Support Band

Let's talk about #Bitcoin and its bull market support band!

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

[noroomrecords]

So Ben wearing a red t-shirt means downtrend?

[mosalam.crypto]

new haircut and new shirt. it means ben took profit from his trades and the bitcoin dominance is going down.

[wanderingmako]

Gonna shake this man's hand, one day in my life. Thanks Ben

[oldone]

Happy New Year Ben. Thank you for all you do.

[ralphfioretti]

Thanks Ben! Keep up the great work. Happy New Year🙏

[sebastiaanthijn]

It’s interesting because the bull market support band has been a pretty reliable indicator in the past. When Bitcoin holds above that level, it usually signals a strong momentum shift upwards

[alsulaiti]

Will usdt dominance still be an effective indicator with the EU ban?

[rudi]

Hi Benjamin, since you look at USDT dominance, could you please address USDT not being legal by EU MiCA and how does it affect other stablecoins

[gregshultz]

But the weekly RSI is not close to being oversold like it was when it corrected in late Dec/early Jan of 2017.

[walterplante]

Good stuff. One point of confusion – early in the video he talks about the 20 week EMA and then at the end he talks about the 20 week SMA. which is it? Did anyone catch that?

[ervinreizer]

I wish my first ever investment in crypto was the ITC premium

[maNgkRw]

We could also be looking at BTC price action based off that model of Global Liquidity that's been floating around, would like to know your thoughts on that Ben. Great vid once again

[MC-zjmb]

Can argue that a bad unemployment reading would actually be turned into a positive. Bad news = good. In that it would give more reason for more rate cuts.

[Vadya-nqmg]

Ben how will Btc overcome fears of yields?

[ashy]

The most fabulous crypto channel out there 🤓

[charlesbanana]

Always putting out good stuff, Benjamin. Grateful.

[axscs]

So… not clear what the most likely outcome is then. Neither risk levels nor MAs of Pi Cycle Top indicate we have topped yet.

[jeremymorris]

Noob here. He said if USDT trends downward, BTC goes up. Since USDT (Tether I think), is being delisted in Europe, wouldn’t that result in downward trend? Or am I confused?

[LUKASENKYT]

Its crazy how much mariet knowledge youve got. Very very interesting and informative, rhank you for sharing this with the world.

[nsr-psa]

tnx sir and happy new year as btc soars up resulting in good profit for everybody.🎄