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New Bitcoin Price Model Suggests Exponential Bull Run in One Month [Technical View]

[Music] $9060 wow you scroll up a little bit honestly this is our trading in the traditional market and stop and you scroll up to the chart where I can see the graph okay so this was me from me too – yeah so it is similar to what I have taught to you all guys or do you tune in to listen to us so I think early May or meet me or something by that I was when I look at the chart I was expecting the price to go between $9000+ 10,000+ inside it is hanging very much closer to the middle of thousands for the last month no because I think is the least the end of the second quarter of years 2020 and also the end of month that's why if we look back to last three last four months that's four month touching in the end of the March the price is also crashed like that yeah the end of March here I believe there has a lot to do with Covid's situation now is pretty much back to a point where you don't really need maybe I should say this but over here in Singapore we have just come out of this circuit breaker thing which is in other words is actually a lockdown so we just came out from lockdown our easing of lockdown come in phases so now we are faced to love easing off from work so at this period a lot of people mindset as more or less calibrated to before covid happen where markets supposed to market supposed to be normal so to speak yeah so you see in march where the price dip down and there was a lot of scare and plus there was oil price deep as well now the market price is about trading about $40 around $40 range yeah one video we talked about where the oil price he went to negative 40 yeah so there was a time where everything go here oh yeah so now we are kind of back to back to normal doing daily life yeah so that's why I have believed that a big high price is this figure is just hanging in between 9,000 to 10,000 kind of things yeah so let's hope for things to be better the co

vid situation the economy yes the last article for today is a new Bitcoin price success bull run in one month will the Bitcoin market beginning to rise this is a nice question to ask for us to asked everyone the price of Bitcoin was hovering 10,000 in the February before the corona virus pandemic did to the US stock market to the caleche at me and other time the analyst attacks BTC to move back as the price also do studies now with this woo wo guy the new OS is a supply account – hoo-ha his high idly here's a quick on Japan's analyst on-chain analyst this is a Bitcoin on content and endless and and he he do not use shows and you say this a new model are working on is picked a star as for and you do the the shock if he he noticed the charts and he suggests maybe maybe another month to go because of miss mid-cult was set up a Bull Run until the CoVid one get the body, yeah one thing for sure is called me will not die in one month I know it was at least another year and this until December so wherever this book is so he I mean he is obviously having high hope for maybe maybe he maybe he owns a lot of the coin and hoping the price to go up no yeah but the thing is as much as we want to see the price go we want to see that economy do well we wanna see everything moving for innovation sighted I look at the situation we the whole world is in right now I think it's going to take a longer time there July yeah so so when he said it's going to be for what big boo run on something like that so maybe it's a spike in any of just come back to normal so that's how I feel about it let's see in July and see how the price go then we shall see while the changes yeah yeah carry on okay so that let me show you the chucks this Chuck is supportive of the co-defendants in much this see nice the lower lowest support was 4,000 and the next one is 5,800 and we are have this support level order because rice is the lowest rise this means if you either trade oh you you use of the price or you want to buy more PCoIP with the lowest price you put the price at the support network so you can earn more by : yeah example if if you want to do create the support level Phi or subordinate before you can put at the support level for Great Buddha price 8600 yeah assemble like that so when the price dropped two icons on cylinder of course we're bouncing a little bit back and when is pass impact you sell immediately you can earn a few or not yeah yeah so yeah and and this one is this Chuck is fairly useful for some of the trader when when they try to do you know when they want to home some amount when they want to earn some money concern Bitcoin yeah they can put some money due to the support level yeah if if I want to earn a lot I put the support level at the support for 4000 so I when the price to talk to 4,000 and sound yeah yeah this is we are shot yeah I think I'm a kid that pricey well Fazio is the thing is if you wonder really and you you you you put only bet on one side you can you can buy it shot the same price yeah how they draw this line of course they are trying to use the how how people treat stock market or forex how how all these tools that they use for this market to try to implement it or try to reuse it to predict the policy market I think they apply the pattern you say maybe yeah I would say maybe 5050 you know because one thing for sure is cryptocurrency is only 12 years old yeah that's right measurement for X and stop market be around 400 over years oh and obviously something like yeah so it has been used in these two markets in them for very very long time and the market has a very standard cycle yeah so of course Bitcoin or cryptocurrency should buy right should have account cycle but the thing is Bitcoin is on each arm is oh and we are now in a very unique season we're not just because in trouble or not just cryptocurrencies in trouble financial for a stock market the the or have suffered a very big setback during the recovery period so now we are what is kind of what moving into a recovery period recovery clear-cutting yeah so yeah of course they have certain point in how they how they see how they how they estimate Bitcoin price movement Nancy let's see maybe maybe if I have this really guy he maybe he's too can be proven to be a good one or maybe is just another typical to Delhi final market let's give him a chance and see let's let's see how this prices moved in July of course fall for everyone who was listening to us today invest wisely don't put everything in try not to put everything in one single basket yeah if you have family to feed your family is your priority so make sure your kids don't go hungry yeah Thank You MrNikolas we are going into the end of the live Stream for today we hope you have a good time [Music]