Video published by Rodrigo Arnedo on his YouTube channel.
In this video, Rodrigo Arnedo analyses where Bitcoin stands after losing $74,919, the 21-week moving average and the lower boundary of the channel. According to the YouTuber, the price touched $67,500 tonight, its lowest level since August, and the only remaining reference is the 200-week moving average, which he presents as the line that will decide the crypto winter.
Arnedo asks whether Bitcoin will bounce as it did in 2018 or sink as it did in 2022. To answer that, he reviews the six visits to that average since 2015 (of which, according to him, only two marked the real bottom) and points to November 16 as the date to confirm what he calls the thaw of the crypto spring. He also links the bottoms of the last three cycles to the midterm elections: they came 71, 39 and 13 days afterwards.
The programme also covers:
- price levels such as 67,625, 62,360 and 57,850, and the gaps in the 54,000 range;
- Nvidia without Jensen Huang and the $530 billion in guarantees;
- Anthropic six days away from going public;
- Ethereum below 2,000;
- Trezor wallets with a spy chip and the closure of Binance in Spain on December 31.
More videos by Rodrigo Arnedo on Territorio Blockchain
The opinions expressed in the video are those of its author. This content is for informational purposes only and does not constitute financial advice.
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