BITCOIN CRASHING BELOW $5,000!! | BTC Has NEVER Been This Oversold In RSI, Bounce IMMINENT??

BitMEX Affiliate Link 10% Off: Bitcoin Technical Analysis & Bitcoin News Today: The Bitcoin price is crashing below $5,000 as I'm writing this. We met the target of $5k, so will we see the bounce now? I'll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. Watch the video to learn more! Patreon Videos: Discord: BitMEX Affiliate Link 10%: Coinbase Get $10 Free: Other Affiliate Links: Brave Browser: Tradingview: Binance: Ledger Wallets: Thank you to my Gold Patrons: Andrei Neagu Debbie Schwan Jai Balasubramaniyan Sean Velasquez #Bitcoin #BitcoinAnalysis #BitcoinNews

100+ Comments:

The Moon
The Moon:
BitMEX *Affiliate* Link 10% Off:
My BitMEX *Tutorial*
Crypto Drag
Crypto Drag:
The storm before the storm.
Julien Mendoza
Julien Mendoza:
We appreciate the prompt updates. You're the most relevant guy in the crypto space at the moment. Keep it up 👍👍👍
Let's all HODL till at least $3.99 is left, then let's cash the last of our BCT for a happy meal....the toy might even be a collectable one day the we will finally "go to the moon"!!!
Lhasa Thailand
Lhasa Thailand:
Im happy we are seeing all this volatility again. I was more nervous at that sideways standoff. The more it drops now the better.

Not worried. Infact, buying more.
Rob Perry
Rob Perry:
Public emergency rooms are crowded with hodlers seeking treatment. Hope they get it!
Robert Bizzarro
Robert Bizzarro:
I sent this to my three sons just today. Perhaps this will help of those of you that are so depressed and discouraged with the recent crypto price action:
I was thinking about the Technological Advances I have seen in my life last night. While thinking about it, I figured out it has taken, on average, 20 – 25 years from an idea, to infancy, to investment, to wide spread adoption When I was a kid we had a black and white T.V. with 3 channels. When my mother was born they still went to church in wagons and buggies pulled by horses. We had phones, land-lines that everyone could pick up and listen to whoever was on the line. There wasn’t even F.M. radio when I was a child.

I say all that to say, “STAY THE COURSE”. The first cell phone call was placed in 1983 it took 20 years for wide spread adoption to even begin. Jim ****** bought a cell phone for me in 1999 and everyone made fun of me. They all thought I was putting on airs if I carried it. 15 years after that first cell phone call I was in the forefront of the technological pack with that phone. Now look at the Cell Phone Market. It has taken over the world.

The internet was first set-up and introduced in the late 80’s as well. 20 years later, after the Bull Market run-up, the Market crashed, hard. Lots of people went broke and most internet companies went bankrupt. Now look, the wealthiest men on the plant, men like Elon Musk, Mark Cuban, Mark Zuckerberg, Jeff Bezos, Jack Ma, etc. all got in Right at the crash or soon after. They saw the opportunity of the new technology.

Dish Network and Direct T.V. were just ideas in 1993 that couldn’t even raise enough money to get started because the idea of shooting Satellites into space so people could receive a T.V. signal was considered nuts. Even Bill Gates and Steve Jobs with Micro-Soft/Apple were considered “OUT-There” and the investment was “Very Risky”. Home-Computers were thought to be something nobody would really want or need.

So when the negativity starts, when the FUD is high and you want to toss up your hands and cash in, STAY THE COURSE. The world never goes backwards technologically. Grow your coin bags now. The world can go backwards when it comes to Personal Freedoms and Social Justice, tyrants/despots can rise, of that there is no doubt. However; history has shown mankind always moves forward technologically.

The current monetary system is more than 100 years old. It was started when everyone still rode horses, when the new technology at the time was incandescent lights, electricity and the Radio. Man alive, people thought it would never get any better than that. This system that is dying right now was put in place before your grandmother was born. When people traveled by Steam-ship. It has outlived its usefulness, there is a better way.

The Dinners Club card was the first credit card, that was first big change to the monetary system in almost 50 years. In the beginning of plastic money people laughed, said it will never work, most stores and people would not take it, they didn’t get it. It took 30 year before even family pets would get an application in the mail.

So when the RED NUMBER rises and people say “Crypto is dead.” Think wow what a great time to BUY. We are now ten years into the 20-25 it takes for adoption Don’t lose hope, stay the course, dollar cost average. This is still just the beginning.

This time I’ll embrace the change and you should too. New technology, this is where wealth is created
Partly Cloudy
Partly Cloudy:
I sold BTC. It took me 2 hours to move my BTC to the exchange to sell it, during which I lost more money. I thought to myself, "this thing will never be a currency as long as the transaction time is like this". Some might say it's the exchange and not the network, but it does not matter to an average Joe what caused the slowdown.
The Catmother
The Catmother:
If this isn't desperation phase, then I don't know what is.
sell everything you have and go invest in tulips! Tulips will grow for sure
R James
R James:
Next 'round' of Litecoin and Bitcoin halvings begins 2019 - continues into 2020 - mining reward is halved leading to less new Litecoin and Bitcoin entering the market leading to upward pressure on price. Last 2015 Litecoin halving signified the beginnings of 2015 - 2017 price surge!""
it's over
harry l
harry l:
okk thats it im out living under a bridge im rekt, only 1 dollah in my pocket
Brian Bennett
Brian Bennett:
$4800 on this second big dip. $3600 last major dip, if it happens.
Hodl till death ftw
Rohkost Fan
Rohkost Fan:
My prediction is right : I know for sure that we go up or down.... remember my honest words :-))))))
Ariel Björklund
Ariel Björklund:
"I think you shld definsth ki wad i si video.." <3
I’ve watched 3 clips - Bear trap ? Bounce coming and Tom Lee “lowering” his year end projection to $15,000. I don’t see enough bearishness
Yeah. I've been saying for months we are going to do exactly what happened in 2014. I told y'all to sell and wait for bottom. I do hope some of you listened
3 Videos in 1 day, we are really going to THE MOON!!!
My main man Moon! Keep up the good work.
Great work Carl, staying on top of the BTC news, X3 videos. That's real dedication:)
Warren Cotterill
Warren Cotterill:
I'm starting to get the hang of understanding, thanks Carl.
CryptoJINX Xx
CryptoJINX Xx:
Three is the magic number! Go Carl! It’s exciting times man!
Travis Harrison
Travis Harrison:
Hey what's up man great content! Where did you get your training from?
Oscar J.
Oscar J.:
When I go to Sweden I want 1 on 1 class. charge me
Thanks for updating us Carl!
Time to accumulate?
Black Friday prices..
Philip Dirven
Philip Dirven:
SUPERDISCOUNT!! I buy btc every tuesday
I read that the mt gox refunded bitcoins going to hit the market soon... that's probably not going to help either.
Gavin Anderson
Gavin Anderson:
Your up early bud!
Reversal about to happen cheers Carl!!
Cristian Batelli
Cristian Batelli:
sell or lose everything!
Tom Starwalker
Tom Starwalker:
My two sats: "Monthly MACD".
Noel G
Noel G:
Bitcoin must change consensus inside LN.
Sam Son
Sam Son:
It sounds like this is the final catipulation. Definitely time to buy some BTC!
Doulia Roberto
Doulia Roberto:
you could be the next stephen hawking!
Hitesh Bhagat
Hitesh Bhagat:
This is the End, final nail in the coffin.. it was really fun while it lasted.. but sad.. its over and going to absolute end now...
Audrey Stories
Audrey Stories:
Thank you for being up to date and all your time. You're the best.
Silversurfer Booth
Silversurfer Booth:
Good, finally it happened after this week we should have only strong holder. Great day, i can see the moon is coming more quickly as i thougt two days ago.
3 videos in one daY, Christmas came early boYs ! 🎄🎄
Niki Wiles
Niki Wiles:
Get well soon, Carl, and thanks for the hattrick!
Carl,you have a big THANK YOU from all of us! 3 videos a day. Your channel is pure GOLD (or digital gold ? :D )
Sophie Lecomte
Sophie Lecomte:
Thank you for all the uploads Carl! 💎
Harman Grewal
Harman Grewal:
Hopefully we will bounce exactly from 4350 on coinbase
Hauber Hauber
Hauber Hauber:
Thanks man for your video and for your time spend for us!
Johnny Ricco
Johnny Ricco:
Will he break out the guitar and strum a few chords when it gets below 4K
nota russianspy
nota russianspy:
Is it a good time to buy alts now, or wait a couple more days to see how this goes?
Going to 0...
if we are reach in rsi or stoch rsi the "oversold area", it does not really mean that the market is oversold!!! As you said you expected a bounce from ~$5000 but it didn't!!! It means the market is highly bearish and can reach lower prices faster than before!
Sibzi Also him
Sibzi Also him:
Thank you for keeping us updated!
Great work Carl as always, all will be well soon 🙂 Happy Capitulation
Ellen Bleier
Ellen Bleier:
Thank you Carl for your diligence in keeping us informed and updated.
Your well informed view and wide scope of thinking provides a stable rudder in these crazy crypto seas 🌊
Best regards, subscriber #33 😊
Spicy Greg
Spicy Greg:
These lows are just great times to buy more of it, they are healthy in the long term.
Feel like the bears needed to get this out their system and although I am a perma-bull in the long-term, I felt this capitulation needed to happen as well. No where to go from here but the moon!
Oleh Lesiv
Oleh Lesiv:
Here's a good article with the reasons why Bitcoin price dropped
i just wan't to say "I told you so" that goes out to all who called me stupid for saying 3k-3500 and dec would be a bad month. You all where wrong and I was right. I hope you lost your shirts, you are the ones who Carl says should not be in this market. Perma anything is a stupid childish response in trading. this is the one time you will see me show emotion. Seems like volume is coming back into the market, don't be fooled the hodl wall has only been cracked not broken. maybe it will just leak out or maybe the dam will burst but in the end the result will be the same. We will hit 3500 for sure before Jan, sooner if this rate keeps up. to be honest i planed to stop trading at 5k and i estimated new years but it has hit 5k far sooner than i thought would happen. this means alt coins will begin to get SLAMMED. FUD is now entering the market and we will see institution begin to try to prop up the market with selling alt and buying btc. Won't work we will see 3500. So what does this mean for us? Alt coins will be a real buy and the place us longs really make our money if we chose right. It also means that because alts will hit the bottom before btc that it maybe alt's that save btc's arss from falling below 3k. Honestly if that happens then 500 here we come and the road back could be real slow.
Supercars Hunter
Supercars Hunter:
I always knew we will see again a 3k btc!
Eric Brooks
Eric Brooks:
Carl, what is your response to The Chart Guys assessment that RSI doesn't give useful information during a crash like this?
Mindaugas Karla
Mindaugas Karla:
Btc died then it go below 10k.. now its just bugs eating a corpse..
Tika Augustine
Tika Augustine:
Nice video carl
just Waiting for a good news on by end December ...
Can anybody say "Tulip Bulb"?
Tylan Wray
Tylan Wray:
Thanks Carl!
Where are you going to play your long untill?
Lennon Castillo
Lennon Castillo:
We are going to the moon
10 Billion Subs - 2 Sh*t videos
10 Billion Subs - 2 Sh*t videos:
come on, we all know bitcoin is going down to the $3500 mark before it starts getting pumped.
Johnny Martinez
Johnny Martinez:
no lambo this year ..Only a USE kIA
Interesting video, thank you.
Curious Minds
Curious Minds:
Thanks for your hard work bro...hopefully google adsense is paying off for you!!
Thanks for the bitmex video!!
Have seen you grow to become the expert that you are!!
Brandy Wasay
Brandy Wasay:
Everything is always 50/50 , it is either UP or DOWN
Abhishek Gupta
Abhishek Gupta:
Price went 4187 just 10min ago 😂😂🤣🤣
Chris Jameson
Chris Jameson:
We havent even see the capitulation candle.....Honestly I would rather get it over with so we can enter the next phase
Elmo Benjamin
Elmo Benjamin:
Institutions are dumping BTC. Stocks are crashing so they selling everything.
That's why the rsi was never that low, because institutions were not here.
Now they are dumping the BTC they bought OTC
Tiger DK
Tiger DK:
mentally, I am on the edge of collapse.. Don't want to be alive anymore
ghostcow Time is Now
ghostcow Time is Now:
The best thing about bitcoin is it brings in a lot of new money… then it moves into XRP The king of coins! BTC is no longer a store of value it will be now known as the on ramp to XRP.
Miko Lee Cao-wat
Miko Lee Cao-wat:
I think the bottom Is up.! A storm will come 😎
Martin Szorad
Martin Szorad:
Your breakout imininet title is there like for two months
Wow! Dollar is getting up so fast!
I spent 35k on bitcoin at $8000 and $5000 rip me literally tying my noose
larj Larj
larj Larj:
Where did say we would hit 4200 boom !!! Your welcome Carl 👍
Product Prodigy
Product Prodigy:
Will it go back up before the year ends???
Ashraful Haque
Ashraful Haque:
Bitcoin on it's way out!
Tja Crypto
Tja Crypto:
Wish I had more cash to bash into crypto ASAP 😩
Guess it's a continuous game of limbo for now 🤔
Bandz FoA
Bandz FoA:
I need a bounce can’t take this $100+ lost. in my first time buying 😂😂
Johnny Ricco
Johnny Ricco:
Where's Financial Freedom!!!!!
what will happen if this shakeouts won't stop till $1000? Would you still call a healty shakeout?
JaoKong Sales
JaoKong Sales:
Thx Carl. Think nows the time to start adding to the portfolio. May drop further but now seems right to start averaging in.
Ricardo Nepacina
Ricardo Nepacina:
Yes we are going 3k.. many can buy it will lead to a sky rocket very fast..!
R Davian
R Davian:
.....smh dude come on man
ICE and BIB BANKS coming in...NOW THATS BAD NEWS....!
Caballero Verde
Caballero Verde:
Thanks for your explanation Carl!!
Dude, I like u, but stop with “IS BOUNCE EMINENT??” Titles. I mentioned $4300 level when you and some other top you-tubers screamed “the moooooon” 😜. All is going well. Just want to know where’s the bottom...?
Smith Js
Smith Js:
May i say oversold doesn't matter, ppl are expecting the 3000 range so it just gonna keep going down? Thanks for the 3 vids update!
This "bear market", BTC has been crashing for the last year - going to drop to 3000 before bouncing imo xD
J.-Y. Park
J.-Y. Park:
Keep hodling
JNF Sport & Health
JNF Sport & Health:
Nice video! , thanks again stephen hawking !
Puru saxena
Puru saxena:
The mother of ALL scams is bursting and the suckers/bagholders will get taken to the cleaners. A new 'currency' huh!? What a joke!!!
I think its a panic selling, think different and buy!?
Yousef Nasir
Yousef Nasir:
People are emotional and dumb, I hope the price goes even lower I would be buying with both hand.
Yousef Nasir
Yousef Nasir: