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8000 Dollars Soon?! – Will Bitcoin Never Go This Low Again? – Bitcoin Price Analysis

Welcome to Team Underground,

I (Thomas) do weekly BTC worth evaluation on YouTube. I’ve been full time buying and selling bitcoins for over a yr now and I’ve determined to share a few of my evaluation on YouTube.

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8000 Dollars Soon?! - Will Bitcoin Never Go This Low Again? - Bitcoin Price Analysis

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35 Comments

  1. You are a great chart reader. Even now you have nailed it. 6800 was the low now we go up. Nice job! Nobody nails it 100% but your getting pretty close. Keep the videos coming and ignore the nay sayers!

  2. Im thinking what will happen within 3 month. This is the beginning of recession. People loss job, no food on table.. Cost of living increase. Need to pay bills.. I dont think this is the best to put money on crypto… People need cash.

  3. Impressed with how short you can keep this video. This content is to the point, a stark contrast to all of those other videos that are just rambling so they get their 10 minutes in. HOWEVER, what about volume? RSI? Any insights there? Keep up the good work.

  4. He tells you 'let's ignore this big drop' and never talks volume. Predictions are based on optics, not underlying data.

    Expect a drop to 5.4k at least.

  5. We have financial crisis, coronavirus, millions jobless, milions sick and you think we are going to see a big pump???? Soon you will see the clear picture and big dump

  6. Bro we’re fucked dog.

    3400 bitcoin over the next year. And after that idk man. This shit is fucked.

  7. Thanks for making these videos. I am currently learning TA, so it's educational for me. What are your thoughts on the bitcoin dominance chart? It looks to me like it can break either way soon. I'm not sure which.

  8. For me we won't even make it to 8k 'cause there is simply too much resistance (i.e. Daily 50 SMA, Weekly 21 SMA) between where we are now and 8K. Even if we do get to the 200 SMA on the daily that slight pump will create a hidden bearish divergence on both the daily & weekly. If this was not already enough of a bearish argument we are very likely in a bear flag. The way I see it, by end of Apr/1st week of May we should bottom out ( Weekly 21 SMA crossing over & BENEATH the 100 SMA) forming a double bottom which incidentally also just happens to be the measured move of the bear flag we're in. Aside from the TA aspect during times like these the news plays a big role in what will happen to the entire global economy at large so given the dire circumstances we are in I find it EXTREMELY hard to believe that anything will rally for the next 2yrs. Anyone in TA knows that this is the calm before the storm which can begin as early as Q3 of this year.

  9. I have unsubscribed to all others and only follow team underground. Team underground is the best, reliable information on bitcoin that I have found . HANDS DOWN!

  10. If you are right Thomas, , all people who hoped for cheaper prices will repent very much not to have invested in time and they will be especially angry with these many Youtube analysts , who have prevented them from investing or even let them decide to sell their portfolios when the price dropped down ( like me ) in the past because of fear, that the second crash after 3800 $ will happen one more time or even worse.

  11. I only follow Krown's Crypto.. and now Team Underground.. I am not too keen on MMCrypto, TheMoon or Sunny Decree as they are just pushing their bonus programs and hunting for likes and views.. the flipping fractal monkey OpticalArt I watch for a good laugh..

  12. double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom! double bottom!

  13. Trendline didn't exist so there was nothing to bounce off. Not the best video tbh. We're on a daily 9 TD sequential as well.. some kind of a correction makes sense here

  14. Unemployment is skyrocketing, ppl will sell to buy food and pay rent. Crypto isn't going up anytime soon in my opinion.

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