Bitcoin Yearly Open - Will This Mark The Bottom? (A step by step guide to using the yearly open)
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- เผยแพร่เมื่อ 7 ก.ค. 2024
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www.tradingview.com/chart/BTC...
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Transcript
![[Live] : ONE FIGHT NIGHT 24 วันนี้!! “จาร์เร็ด vs กุสตาโว”](http://i.ytimg.com/vi/ENNA-fsT67c/mqdefault.jpg)
Amazing video!
Thanks for sharing I have come to the same conclusion with the numbers, but when Annii we need you to forcast;)
Agreed awesome video, thank you Jacob and thank you anni for posting about this in your discord
Thanks Jacob for sharing (aka Anni
i)
Great insights, missed your videos, hope to see more…
TTC team following our leader Annii to the promise land. Much Gratitude for an excellent video..❤
Very informative and helpful. Clear and concise. Thank you.
Thanks Jacob! Please keep em coming.
A real pearl of wisdom... Absolutely love and appreciate your videos and insight. Thanks!
Much gratitude Jacob. So much to learn and super keen to do it.
Very helpful. Thank you.
Miss you man!! Keep em coming 🚀🫶
So good!! Thanks Jacob
Thanks Jacob. Thats awesome.
Great analysis - thanks!
Wow great analysis. I watched also your video about the golden ratio multipliyer and we rejected excactly at the level that was expected. That was the mid cycle top
when we look back in 2019. when we rejected at SMA 2x btc fall down to the 350 SMA and slightly below. 350 SMA is currently at 47k. So more confluence in the region
Exactly. Very powerful for local tops.
Awesome, Thank you!
Great video! Thanks
Thank you. Great alpha
Wow! What an amazing video!
Oh man! as always this is really good stuff! thx for sharing and hope to see more :)
We got the same chair in the same color! BULLISH
brutal video🔥
Wow, that was a long time ago :) Can you make more video's?
Blx has all the data since 2010
I always use BLX but I had already added all my lines and didn’t want to redo it. Lol
38,814.62 for the lower #, but I have marked my wick down on my chart. Overall I think we might chop down and then wick in and out quickly. Another item I noticed was this is very confluent with 2021 summer, the length of time for me is halved this time so thinking maybe not this time. However when we capitulate in the beginning of the bear market this may also be areas of interest the 37, 586 and the 16K ish regions. From the data it will get there but when?? Big Thanks everyone thinks I was crazy to go back and retest to 2013! LOL
I wish Bitcoin would fall back to 16k but I don't see that happening. 42k is definitely possible, alt season kicks off simultaneously 🤑
I hope we get $16k too lol.
I'm impressed... subscribed immediately
I'm going to check my charts in 2-3 years and see if there's any potential for a real breakout happening. Since 2021 it's just been range bound market behavior. I'm not really that convinced about BTC's potential long term anymore either. It's currently dead money. Better off being in silver for the next few years.
im a little confused. didnt btc test the 2024 yearly open in late January? price dipped to 38k on jan 22 weekend, yearly open at 42k?
You're 100% right. At the 6 min mark Jacob clearly shows the 2024 YO and price dips down and tests it.
I'm even more confused. Wasn't the 38,824 level just a wick down? The open was at 42250.
@@chrisbatten3647 Yeah, no matter how you slice it - ive been through all the time frames, the 2024 YO has been tested.
For clarity, I don't typically count within the first month or so of the year as a proper 'retest' of the yearly open. It's usually sometime withint he next year that price revisits that level.
LMAO ok 😂😂
there's no chance the S&P does this well while the $ dollar does this poor AND btc goes to 16k again
Awseome content and work as always. Hope to see more YT videos 👍🏼🤍