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Bitcoin's Sideways Trading Is About To End In A Big Way!

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Enroll in the Cryptocurrency Technical Analysis Academy here: https://bit.ly/2NykhOQ Bitcoin has remained stagnant for the majority of the last month, but that's about to end. In this video, I'll explain the reasoning behind my medium term bullishness, and elaborate on why I believe Bitcoin's stagnancy is about to come to a dramatic ending. - - - If you enjoyed the video, please leave a like, and subscribe! - - - Follow me on Instagram & Twitter: @cryptojebb Join the Discord! https://discord.gg/59jGjJy #Bitcoin #BitcoinToday #BitcoinNews *I am not a financial adviser, this is not financial advice. I strongly encourage all to do their own research before doing anything with their money. All investments/trades/buys/sells etc. should be made at your own risk with your own capital.* Spare Change? BTC 127eLjKTBKU9HTFhYowCDC4D3JBxonVk15 ETH 0x5115ACa82edf204760fE3B351c08a48d6004D89B LTC LSKXx3fQRK5LMowGznVvo6A9NtmtaQaoqP Please do not feel obligated to donate, though donations are appreciated!
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Text Comments (91)
Nathan Julien (6 days ago)
Bullish it can't stay under 6000 that because the miner will not be able to profit and energy bills are getting more expensive to mine
Andy E (12 days ago)
Great analysis again Jebb.
Daniel Kuzmich (12 days ago)
Jebb, if this crypto thing doesnt work out, I got a job for you as an auctioneer. :)
Chris Rock (12 days ago)
Jason Hanson (12 days ago)
1st time viewer, well played sir! Good info, thank you!! Peace!!
R James (12 days ago)
Market continues to hold above $6000 - $100 billion market continues to hold above the Hoffman Line - next month market should bounce up - next rally on the horizon!
Curtis Womack (12 days ago)
Bouncing until we flatline.
robbierobzzz (12 days ago)
Stop speading shit about a bullrun it's not going to happen for a while
rtcmanga (12 days ago)
The consolidation patterns are very interesting. Exciting time to look at the bitcoin right now. Also like Alessio said by this time of the year between October and December Bitcoin is usually very bullish, maybe you should also include the perspective of yearly patterns as well... :)
Teeranit Ruangdet (12 days ago)
Bitfinex will be going down for maintenance between 1am - 1pm CST October 4th. With low liquidity, do you think BTC will pump or dump?
hoastbeef (12 days ago)
Tomas Velicka (12 days ago)
Jebb the thomson machine gun:) another great video tnx.
Hector Nonayurbusiness (12 days ago)
BTC is going down
A H (12 days ago)
Great vid as usual Jebb. Thanks for the TA
flibustier (12 days ago)
@Crypto Jebb : I finally know why i have this feeling for so long that the market dunno where to go. I've also watch a lot of videos and i keep on seeing different things than most youtubers. I took a look onto the logarithmic view just now and eureka! We're not seeing the same things on our charts because some traders work and draw with a logarithmic view and some like myself, don't. On my BTC chart, we don't have broke the big canal yet but onto the log view we do, on eth and bch we broke the majors obliques up and for others we're not there yet. Damn it, try the normal view and look how it really is, it's way more prettier than you think^^
Greg Savchuk (12 days ago)
Jebb, always appreciate ur TA & commentary, As u point out, the BTC chart is coiling up & a break is imminent, when, any1's guess, in days or weeks, ok Which way, again, any1's guess, but I'm already way long & have to HODL, so either zero or hero. I hope for a bear trap, in other words, a dip down to test ~6K, then a huge tear north. A few things to consider: 1) BTC/Alts represent a fairly new & unique form of economic freedom that transcends many boundaries. 2) Fiat currencies r failing all around, BTC/Alt's r the fortress, the vault, the store of value. 3) Adoption, implementations & uses cases r occurring @ a rapid pace & much of it behind our backs. 4) Huge $$$'s (read bakkt, institutional, seasonal, retail, OCT whales, etc.) r waiting on the side lines & can't wait to pounce. As always, do ur own TA/FA, move in/out carefully, set ur stop losses to protect ur a$$et$, don't panic, be brave, HODL the line& U shall b rewarded. Kind regards 2 all.
Miner4Life (12 days ago)
We must be going up instead of down because I just got over DEPRESSION, I’m feeling HOPEFUL now. I hope I will feel RELIEF next......🤪
2phil4u (12 days ago)
If Things are so easy. Whales will push price above Triangel very easy. My guess, one Version of it, we break bullish, price went up to 7k to 8k or even 10k and then crash. With all this obv Manipulation pumps you cant count for a fair fight. They Just lend Money and buy bitcoin if danger.
Jay Copper (12 days ago)
*just repeating yourself Jebb. Forcing videos and saying nothing at all. it's like eating when your not hungry, the meal is not enjoyable. this would have been a day to take off and gather your thoughts.*
superman (12 days ago)
+Jay Copper shut your ass up
kebman (12 days ago)
Most people don't understand stuff if you don't repeat it to them at least once. So to make people understand, you have to repeat it. If you repeat it, in a different way each time, they understand it better. M'kay. So repeat it so they understand.
Jay Copper (12 days ago)
+kebman so the game plan should be to continuously repeat himself until everyone understands! Got it. Lol
Leonard Devine (12 days ago)
Noah coin probably saving money up for the next flood
Niek1001 (12 days ago)
FlakeyGames (12 days ago)
Nothing to write home about
Leonard Gonzalez (12 days ago)
I won't be surprised if we go to $4k.
Jay Copper (12 days ago)
+Buffalo Bill it's not about what they want us to think. It's about what their doing. They've already bought in OTC markets. The 6k line being broken is highly unlikely.
Buffalo Bill (12 days ago)
Jay Copper that's what they want you to think. Market needs people buying at these levels before it drops again.
Jay Copper (12 days ago)
you haven't been paying attention. market makers on wall street have an insane amount of buy orders at 6k levels. they won't allow it to break.
roberto baggio (12 days ago)
u sound like an auctioneer.
hoastbeef (12 days ago)
play at 0.75 speed
Crypto Jebb (12 days ago)
I can speak much faster, but people get annoyed with this speed, lol.
Crypto Dunker (12 days ago)
Lmao always calling XRP either Bitcoin or Ethereum
Crypto Jebb (12 days ago)
Yup! lol
OPTICALARTdotCOM (12 days ago)
Who says a rally has to have a specific structure? This last one could very well be a rally just going more sideways. In time it could hit close to 45% then drop again. Please give your detailed analysis why you don't think it's another rally in progress???
Crypto Jebb (12 days ago)
Yes, because the latter is true, lol
OPTICALARTdotCOM (12 days ago)
+Crypto Jebb hmm. If I said your gut was currently full of cocaine and lots of coffee would I still get a Crypto Jebb heart? ;)
Crypto Jebb (12 days ago)
Well, by conventional "Rally" definition, the market has to be going up, and we're not really going up all that much.
DIY GUY (12 days ago)
Conor McGregor: WHERES NOAH
Charles Ayers (12 days ago)
We still have a little further to go. In all of the prior bull runs for Bitcoin you have a period of consolidation, a period of sideways action (usually lasting months, not days) a period of slight upwards growth and then WHAM! BULLRUN. I feel based off of that alone barring we don’t have some major news as a catalyst- a proper bull run is months away. My gut tells me that we have a good 2-3 months to really double down and stock up on these low prices. I’m honestly hoping for another slight dip in Bitcoin so I can accumulate more. If it dips again I’m hoping to pick up 1-2 whole Bitcoins- keep your chins up everyone because most of us here will do very well financially in the near future- my guess is no more than 2 years from this post
Lud Wig (12 days ago)
Thanks Jebb
Philson (12 days ago)
BTC trading sideways so much that it became the new stable coin.
flibustier (12 days ago)
Like i said yesterday, i use canals and not obliques nowadays. Tonight was a bit scary cause we broke down my H2 canal but my H4 canal is still there and we're currently bouncing on it perfectly. This canal is oriented slightly up and is alive for 26 days now, so unless we break it down, I'm still bullish as ever. If we do, well that would mean it was a flag and the downtrend should resume but the thing is, i never seen a flag that long, not once. It's like i said yesterday, it looks like the market is a bit slow to understand that we won't be able to go lower anymore.
nerdexproject (12 days ago)
If you point out that we make higher lows, you must also point out we make lower highs... I feel we will break bearish down to 5000 but I am quite sure that will be the final bottom.
kebman (12 days ago)
The fiiinal cooountdooown... NANA-NAAAAh NAAAh !!! Nana-nah nah naaaah!
Crypto Jebb (12 days ago)
I did, but the point I was making is that we are now making higher lows instead of the lower lows we were making in the beginning of 2018. It's a change in structure.
Makers Australia (12 days ago)
i recon we will bounce off the lower support line (of sym triangle) then break upper resistance of same triangle.....just like you said :) ... but then hit resistance at $6920 which is fib 618 retracement of last high in early September. From there... too early to tell!
HYBRIID (12 days ago)
xrp sux
kebman (12 days ago)
Could still make you rich, tho... If you short it. ;)
Bitcoin Miner (12 days ago)
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owen gemert (12 days ago)
Where are the people that said that the bull market started weeks ago when we made first higher lows? Of course we are going down we cant start a trend reversal on low volume without going down and cooling off on the 4h and 1d rsi. Common sense
fred fred (12 days ago)
4K here we come.
Chris Rock (12 days ago)
You wish
R James (12 days ago)
Hoffman Line is $6000 approx $100 billion dollar market cap - has held above since last year!
Rafterman R (12 days ago)
One of my problems I guess with TA is that it is only anecdotal evidence. Any pattern that is used can be found to.prove the point that is trying to be made. I know this is just a tool to use, but I just get wary of using it(ta) to prove a point.
Ovidiu Caibar (12 days ago)
Very nice content as always Jebb.. I am not completely sure you are right with your bullish break expectation but I really hope you are.
Ovidiu Caibar (12 days ago)
Bufallo Bill come on man, this guy has an opinion, he is coming with arguments and if you would follow all of his videos you will see some of them are bearish...
Crypto Jebb (12 days ago)
Except I'm not... Did you even see yesterday's video?
Buffalo Bill (12 days ago)
Ovidiu Caibar he's a permabull
bob ami (12 days ago)
wonder why your videos are 10 hours late and up! the chart is from yesterday 12 hours ago and yet you posted it 10 minutes ago.
bob ami (12 days ago)
tnx keep up the good work.
Crypto Jebb (12 days ago)
In the 10 hours between recording and uploading, rarely does anything important happen (as the west is asleep), and simply because of my schedule. It's very hard to maintain a sleeping schedule and an 8 AM upload schedule simultaneously, this is the best solution I've found so far.
Astor Wainwright (12 days ago)
my gut feeling says we will go down one more before we go bull, just like 2014
David Roger (11 days ago)
We did go up 2014????
John Beck (12 days ago)
Jebb...been a while...in Brazil for work. I am seeing a dip in BTC..I am still looking to break 6,000.before the rise. Thanks for the videos and the work your doing.
AlaskanWarrior555 (12 days ago)
we need a tether crisis
jbv (12 days ago)
Also the reason bitcoin broke 2k and went to 20k was because of tether, It artificially pumped the market. Thats why they were always hesitant to show their banks. without tether your going to see btc dump to back below 1k which GOOD LUCK having institutional investors in this space
jbv (12 days ago)
LOL they audit was bullshit. They hired a 3rd party lawyer (their own) to do the audit. They're cooking the books
Buffalo Bill (12 days ago)
I don't know why everyone is worried about tether. They did an audit and everything was good. Also their model of selling for .5 to 1% difference when majority is buying or selling is very profitable.
AlaskanWarrior555 (12 days ago)
probably, but alot of exchanges are starting to launch their own stablecoins, and this problem is inevitable. I would rather have it happen now than for it to happen after institutional investors get into crypto
jbv (12 days ago)
You dont want that to happen. trust me.... tether is so tied into BTC that could hurt the market for another 2-3 years dumping on a large number of investors from ALL exchanges...
tclapson (12 days ago)
Crypto Jebb (12 days ago)
Look at Bitcoin Cash... :P
tclapson (12 days ago)
trash can still be worth something
HYBRIID (12 days ago)
+tclapson does it matter since its trash :)
tclapson (12 days ago)
Cooool !!!! how many ?

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