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Crypto Signals
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The main goal of this channel is to share an unbiased opinion on the crypto market from a technical and fundamental point of view.

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Crypto Signals Premium Service - Official Pre-Launch A few months ago, I got an idea to step up the game and provide more value to the members of the Crypto Signals Channel by opening a Premium service. Since then, I have been working hard to make this happen…
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The discount of 50% is still active.
Bitcoin on a weekly timeframe looks good for our bearish setup.

It found resistance in the area where it had to otherwise, it would reenter range above $7000 and very quickly propel itself to $9000-10 000 area.

We’ll see what will happen in next 12h but if it remains at this price, I expect next week Bitcoin below $6000.

Firstly in $5800 with the potential to see even $5200. I don’t give $5200 big chances but it’s possible and we’ll see how likely it’s to happen when it tests $5800.

If we go below that, then we have realistic chances of seeing $5200.
I didn’t do Q&A for a long time so let’s do it today. Send your questions to @CryptoSignalsAdmin.

There are a lot of things going on so I hope your questions will be interesting so I get extra inspiration to answer as many as I can.

I’ll answer both technical and fundamental questions.
What’s happening with Bitcoin Hash Rate?

I got an interesting question for upcoming Bitcoin halving and is it going to be trigger for big drop in Bitcoin’s hash rate.

Just a year ago, Bitcoin’s hash rate was around 60% lower than today.

And as we know, at that time, everything was alright with Bitcoin network security.

So, I give a chance for a ‘halving’ in Bitcoin’s hash rate but I don’t think it would endanger the security of Bitcoin’s ecosystem.

Short term price drop may happen but in the long term, I see no problems at all.

This is still way more secure and safe in these times of huge market uncertainty, where governments are printing an enormous amount of money to keep the economy alive.

What most people don’t understand, we’re still very early in this pandemic and I’m really curious to see what will happen in upcoming months.
What to do while coronavirus is all around us?

Everything is closed, most of the countries are in quarantine. We just got news from Japan that the Olympic Games are postponed to 2021 which I already told you because it’s impossible for them to happen this year.

So, it’s obvious that the next few months will be similar to the last few weeks. It will take time to stop pandemic and once it’s over, we’ll still have reduced activity.

The first thing I suggest you to do is to shut down all news sources, especially those on TV. In the next 2 months, they’ll be saying the same thing over and over again. The number of new infected, the number of deaths, live interviews with some doctors, politicians….

You’ll get nothing from watching the news. Even though I am updating this channel with news, I’m not watching regular news because you’re too late to act once it goes mainstream. I was very active looking at the news at the beginning because, at that time, it was time to act and do something to be ready once this happens.

You can see that the world is moving to the digital era so find some skill you’ve always wanted to learn and do it now. You can learn a new language, new coding language, why not learn to trade and get the skill that will make you money no matter if there’s a pandemic or not.

As a trader, my life is the same before, during and probably after the pandemic. The only thing I’m missing is a gym and that’s it. Yeah, I miss my friends but with all these social media and live calls, it’s not a big problem at all.

You have time you always wanted and now most of the people are boring and don’t know what to do.

Just think when did you have 3-4 months to do nothing? Probably when you were 4-5 years old.

Instead of being bored, take advantage of this opportunity!

So many good trading books, youtube videos, I’ve written my own book that you can get in the Premium channel. It’s all about choices. You can either choose to be better after this whole thing or to keep watching Netflix over and over again.

Your choice, I’ve already made mine!
Forwarded from Crypto Signals Premium Channel
Multiple rejections in the weekly resistance give me a great short setup that targets $6000 as the first area of support.

The invalidation area is above $7000 because one more test of that level would probably lead to breakout to the higher levels.

The whole global situation is still very bad and even though we saw some relief rally in the crypto and gold market firstly that was followed by the same price action in the stock market, I expect to see more downside action.

Most people think this is about to last for a week or two and it will be over.

If the data from China are true and the’re not faking numbers, the quarantine in most parts of the world will last for months and that’s the only way for this virus to vanish completely.

We’re just playing bearish scenario. If Bitcoin is bearish, it has to drop from this resistance area.

If you give this trade a try, please keep risk low because we're in very volatile market conditions and exposing your account to the big risk can damage it seriously.
Bitcoin is between two areas and whichever gets tested first, I think we’ll see the breakout in that direction.

It would be the third test of each area and most likely the one that will lead to the breakout.

It’s hard to know in which direction it will be because on monthly, we succeed to close above support while we’re below resistance on a weekly timeframe so we don’t have confluence between higher timeframes that would form directions.

The previous target was reached perfectly and we caught move of almost $1000 from resistance right to the support area.

We’re monitoring price action and we’ll be ready to take action once we get the sign.
While Covid-19 continues its expansion into the U.S. and Europe, there are clear signs that its acceleration is slowing and that we could be seeing a marked slowdown between mid- and late April.

With mind-blowing but totally predictable stimulus programs, you would think the markets would be high on crack again… but most signs point to one more surge downward – albeit not as violent or sharp as the last.

We cannot get healthy again until we get the grand perversion of debt and financial asset bubbles out of our economy.
From here on out, it will be an epic battle between escalating money printing and fiscal stimulus versus unprecedented debt and financial asset bubbles unwinding to offset. There’s $330 trillion of financial asset bubbles including loans, so guess which will win!

This quick crash in stocks alone has already destroyed over $15 trillion in wealth in about one month. There will be more like $160 trillion, two times global GDP, and $60 trillion in the asset-rich U.S., three times GDP before this detox is over.

So, you think they can get away with printing $160 trillion before looking beyond ridiculous and losing all credibility?

There is the biggest delusion currently, that this crash is all about the coronavirus, a black swan. This is a true black swan, but really it’s the Perfect Shock! Ever more stimulus can further cushion an already massively over-stimulated economy, but it can’t stop the virus like it can temporarily stop stock crashes and bank failures.

This is not a recession the world went through in 2008. This is something way worse and the only event from the past that we can compare this to is the Great Depression that started in 1929.

The whole market was on the rise since that with the short-term crisis. While people think 2020 couldn't be worse, most likely, the whole economy will suffer the most in 2021.

This is the prediction for stock markets across the globe.

It's very hard to say what to expect from crypto because it was never in similar times. This market didn't even witness the last recession in 2008 so everything is new for this asset class.

Don't take this as negative. Yeah, we're about to witness one the biggest crisis but the biggest investment potential comes just after the crisis so get ready to buy once companies lose 70-80% of their value. Maybe even more!
We just got the news that last week 6.6 Million people in U.S. filled for unemployment benefits, which is an absolute record.

It is an increase of 15% in two weeks. To picture how bad this is, the previous worst month was in 1982 with 10.8%.

Most people don’t realize that the U.S. is just 2 weeks into this and look at the consequences.

Some analysts are expecting this number to go to 30% by the end of April.

How bad it would be, the unemployment rate in 2008 was “just” 6% at its peak.

Now we are 2.5 times above that and we’re nowhere close to the top.

This is not 2008, nor 2001, not even 1982.

The only comparable event could be the Great Depression from 1929.

Looking at the numbers, this seems even worse.

Stay safe!
On March 31st, Tether injected $1.5 Billion worth of new coins.

The last time we saw this was on January 5th when they printed $500 million and after that, Bitcoin broke the resistance and started 2 months long up cycle.

Is this injection that will help Bitcoin break $7000 and go back between $8000 and 9000?

This is definitely a positive thing for bulls.
Bitcoin Macro Analysis

In anticipation of the weekly closure, this is the third week we’re finding resistance just below $7000.

It’s obvious that this area is important and here’s why.

As you can see, once we close above, we will reenter the previous range and the target would be $10 500. It wouldn’t happen in 2-3 days but that would be a major target that we would target in upcoming weeks.

If it gets rejected, the down targets are $5800, $5200 and monthly support at $4500.
What’s your opinion on Bitcoin?
anonymous poll

I’m bearish – 214
👍👍👍👍👍👍👍 48%

I’m bullish – 167
👍👍👍👍👍 37%

I’m neutral – 66
👍👍 15%

👥 447 people voted so far.
New weekly candlestick started very well for bulls.

If we remain this daily closure above the red area, we can easily see a continuation.

What we need is acceleration to $7700-8000 and then we can say that the resistance is broken and look for a pullback to open long positions.
There are people saying halving is already priced in.

What people don’t understand are the technical side of halving.

It doesn’t matter if it’s priced in or not.

That can only cause short term price fluctuations.

The first major impact of halving is that it’s going to make Bitcoin more scarce.

The second and most important impact is giving miners 50% less rewards.

It means that selling pressure caused by miners that always there will decrease.

Miners are always bears in the market because they need to sell Bitcoin to pay electricity.

When you give them 50% half of the coins they used to get, the selling pressure will definitely go down.

These are facts you can’t avoid and no matter if it’s priced in or not, it has long term bullish consequences.
This is the power of our Premium Channel. It's not a one-sided relationship where I just write updates, news, lessons, setups and that's it.

In order for me to see that members are understanding the lessons I teach them, they will have different tasks to prove to me that they're ready for the next one.

This is what premium service should look like!

We've just done with 2nd weekly lesson so you're still not too late to get started.

For more info, contact @CryptoSignalsAdmin.
Let’s spread the truth.

Here’s the interview that was deleted from YouTube by BBC that talks about coronavirus.

I don’t know how long this will be available because that was live stream yesterday and in less than 6 hours, it was deleted.

This is now an open battle between centralized and decentralized world.

Once you watch the video, you'll know what I am talking about.

https://londonreal.tv/the-coronavirus-conspiracy-how-covid-19-will-seize-your-rights-destroy-our-economy-david-icke/
What’s your opinion on Bitcoin?
anonymous poll

It’s bullish – 143
👍👍👍👍👍👍👍 46%

It’s bearish – 124
👍👍👍👍👍👍 40%

I’m neutral – 43
👍👍 14%

👥 310 people voted so far.