BITCOIN BTC PRICE PREDICTION 2018 UPDATE + TECHNICAL ANALYSIS! CRASH? BUY? CRYPTOCURRENCY NEWS TODAY


what is going on guys Patrick here
bringing you a brand new video today we’re gonna be talking about Bitcoin is
Bitcoin going a 50 thousand a hundred thousand dollars or as Bitcoin going to
zero we’re gonna cover that in this video I’m gonna give you guys my
thoughts now before we get started a few things first of all we’re doing a
Bitcoin giveaway today since this is a Bitcoin related video we’re going to be
giving away Bitcoin to one of you guys so all you have to do to enter be
subscribed to the channel leave a comment down below saying who sings
something related to the video and of course leaving your wallet address and
third thing you guys have to do is go ahead and join our Facebook group link
in the description the cryptocurrency all-stars were growing 45 members a ton
of value is here and this is where I post everything first as soon as I see
it so you guys don’t want to miss this anyways but yeah make sure to join the
group and introduce yourself and I’m gonna cross-reference who wins the thing
with you introducing yourself in the Facebook group so guys make sure to do
that also another thing I want to give you guys before we start I want to tell
you guys my method currently for a hash flare because this plays into the
Bitcoin price obviously Bitcoin mining is a big part of Bitcoin and of the
network itself but I want to tell you guys my sort of plan right now so thing
is Bitcoin prices right now are pretty low so you know 0.25 Bitcoin it’s gonna
get you 10 tear hash and that’s two thousand US dollars so what I would do
in this situation if I had not if I don’t have a contract yet I would go
ahead and I would purchase one a contract with credit card so that’s the
first thing I would turn fiat into mining power that way I don’t lose any
value I can just pay the two thousand dollars and that’s that so that’s the
first thing I would do now second I would look at buying some Bitcoin low
and when the price goes back up then this will be worth significantly more so
think about it this way if it’s worth point to Bitcoin to get ten Terra hash
right let’s say it’s worth point to Bitcoin because big point to Bitcoin is
worth two thousand two hundred dollars right now let’s say the value of Bitcoin
Inc so now point to bitcoins worth $4,000 so
over here you’re gonna be able to get 18 to air hash for the point to Bitcoin
because this price is going to be lower because the value of Bitcoin went up so
keep that in mind now without further ado let’s jump right into the market
let’s take a look at how everything’s doing a lot of ran a lot of rent no
surprise we’re getting close to that four hundred billion dollar market cap
now what we want to see at all we’re trying to see upward trends however a
lot of things read this does put a good opportunity though guys again to buy
some crypto currencies when they’re on sale you guys can see first off we went
all the way down and we’ve started to see this a little bit of a correction
hopefully this lasts this little you know swing I’m hoping means we’re going
to start sticking upward trends starting tomorrow that is what I’m hoping for but
right now if Theory I’m down 15% under $900 definitely a great pickup in my
opinion stellar as well 38 cents it’s been a while since we’ve seen it this
low I would definitely definitely I’m going to be picking up some more stellar
at the end of this video don’t forget guys before we continue none of this
financial advice is just my biased opinion I’m telling you guys what I’m
doing well I think of the situation keep that in mind this is not financial
advice also if you guys are new to the channel and you have not subscribed yet
make sure to smash the subscribe button let’s continue with this so some of the
coins that I really really like right now are you know I love Bitcoin I saw a
lot of my portfolios in bitcoins especially at this current price I want
to see an increase and I think it definitely definitely will atheria it’s
another one I’m holding a decent amount in my wallet just because at this price
I had to get some more look at that what a beauty of a price card dunno picked
some up I picked some of this up stellar I’m going to be picking up but yeah
those are the ones I’m kook even less calm Lisp you guys know I picked up some
already and it did have that big run up and how it’s down again opportunity for
those of you guys who didn’t jump in go ahead to finance if you’re interested in
getting all coins I have a link down below finance
go get your all coins that’s where I get 99% of my crypto car
see just not the ones that aren’t on there but everything here all the big
ones are on there so let’s take a look at Bitcoin specifically the one 146
billion dollar market cap you know is down a long I have to say that everyone
knows Bitcoin almost hit twenty thousand now we’re all the way back down here and
like I said we went down under eight thousand I was asleep
true story I posted this in the Facebook group I was asleep I was supposed to be
awake for class completely slept through my alarm had I woken up I would have
been able to pick up some Bitcoin at the 7500 market I think it was close to on
coinbase completely missed it back up over a thousand dollars increase that
could have made some crazy profits just by behind like you know five Bitcoin
could easily made like five to ten thousand dollars while in class so
definitely miss that opportunity very upset with that but guys eight thousand
seven hundred we’re to look at the more interactive chart at the end but I’m
gonna talk to you guys about why I genuinely think bitcoins price right now
is so outrageously undervalued and why I don’t think we’re gonna ever see a price
like this ever ever ever again so let’s jump right there so coin based like I
said coinbase we went down to 7,000 and something if I go to the one day right
here the value of Bitcoin 7,500 I thought by looking at charts I knew
7,500 was the support line I was looking for not only was I looking at charts I
was listening to podcast and a lot of crypto experts were saying 7,500 is
roughly the point that we’re looking for support if it goes below there we’re
gonna be in a you know it’s gonna we’re in trouble is gonna go down a little
more not in trouble as it’s going away but you know in trouble we don’t want to
see it go to much lower and it managed to recover so now we you know sitting at
eight thousand six hundred eight thousand seven hundred depending on the
exchange you’re looking at still outrageously undervalued in my opinion
now I want to tell you guys oh that’s not the article I want to show you guys
so Charlie Lee a few articles I’m gonna show you guys he’s bullish on bitcoin
and litecoin in the long term short term impossible to predict now this
of this article is important and I wanted to show this to you guys because
a lot of people are not understanding you know how investments work a lot of
us were spoiled when Bitcoin you know went through the roof in December and it
hit 20,000 almost hit 20,000 dollars in like December 17th a lot of us are swept
we saw Bitcoin multiply you know go up hundreds of percents a week that’s not
investing investing is a long long term game if you invested anything in the
stock market you don’t invest for a few weeks you know you’re trying to get in
and you’re trying to hold on to your assets and watch them grow because you
truly believe in the you know in what you’re investing in and that’s another
thing I see a lot of people don’t understand what bitcoin is or what
blockchain is or what a certain cryptocurrency is they don’t understand
what the project is about what the coin is trying to do and therefore if you
invest in it and you don’t know what’s going on you’re not going to feel
confident in your investment so that’s the first thing is make sure to do your
research and understand this is a long-term game crypto currencies aren’t
going to be adopted overnight there’s going to be roadblocks there’s going to
be Corrections we just have to remember why we’re here what we you know are
striving to achieve we don’t like centralized systems we don’t like banks
and that is why we are investing in cryptocurrency and in some of our
favorite coins so keep that in mind this is a long-term game no one ever invested
in real estate for a two week game right and then wolf of Wall Street says
Bitcoin can hit 50 thousand dollars before crashing now again I think
there’s definitely going to be more crashes in the cryptocurrency market
it’s still so new do I think it can hit fifty thousand dollars though yes do I
think it’s then going to correct probably at some point after fifty
thousand definitely it’s going to have a correction I don’t know to how far I
don’t know when it could be at fifty sixty seventy eight thousand one hundred
thousand I don’t know definitely be a correction but I don’t
think I don’t agree with him when he says that it’s a bubble it’s going to
crash for certain so you know I don’t I don’t believe in that now this is
another article it’s pretty cool so Forbes released why Bitcoin could reach
$100,000 and this is an article that I agree with a lot of these points are
points I’ve already made in previous videos I just wanted to have them open
to make sure I don’t forget any of them and so we kind of can go through
together and figure out why I think bitcoins gonna go definitely over
$50,000 I think we’re gonna see $40,000 2018 that’s what I’m hoping for $40,000
2018 so you know I said $8,000 that is sick and it’s very very cheap compared
to the return that you could possibly have so the factors are it’s limited to
24 to 21 million bitcoins we know that right
we know that it’s limited 21 million we cannot create more that right there is
the more people come in then the more price is going to increase another big
thing about this is that that there it is I was going to say it lost keys 20 um
so an economist estimates that 23 percent of cryptocurrency keys have been
lost which lowers the supply so that’s true not only are we not at the 21
billion Bitcoin mark yet there’s not that many in circulation but there’s
going to be lost keys and you know even if it’s a small amount or people just
buy and forget about X they bought fractions like tiny fractions they just
forgot about it people mind back then you know back the few years ago and they
didn’t think it was anything and then they sold their computer and it’s on the
computer no one knows how to get it though that decreases the supply that
there is so again that lowers the supply and the more people come in that means
you know the supply is going to be less than 21 million bitcoins at the time of
January 3rd no on ok so their toy 16.8 million in circulation roughly at the
time this article was written which i think is like a week ago maybe a little
less maybe a few days but definitely not you know it’s not going to be 21 million
in circulation so it’s lower than that because of the lost keys and everything
another reason why bitcoin is going to be the leader is it was the first one so
for now bitcoin was well nothing it’s always going to be the first
cryptocurrency but for now it is leading the pack by a lot and I don’t see that
changing any time soon if it does it’ll be for only a tiny
amount some people are predicting etherium to catch up to Bitcoin I don’t
think it’s gonna happen and if it does it’s not going to last very long bitcoin
is the first one it’s the one that gets all the media attention and that’s huge
you know that’s the name everyone knows people don’t most people don’t know
crypto currencies most people know Bitcoin right you ask anyone in your
streets if they know stellar chances are most people don’t if you ask them about
trum they’re gonna tell you they love the movie or they hated the movie they
don’t know what Tron is if the fourteenth biggest market cap on coin
market on market cap so that’s another thing to keep up the the media attention
is huge the fact that a lot of people know it is huge now another thing we’re
gonna see is hoarding a lot of people you know buy and hold which again
decreases the supply and circulation not everyone’s trading it constantly a lot
of people including myself have bought some put it on an external wallet and
that is where I’m keeping it I’m not touching that amount that Bitcoin is
there I bought it when it was a few thousand dollars so even at eight
thousand I have you know 4 X 5 X to my investment I still think is going up a
lot so those bitcoins are out of circulation out of circulation no one
can touch them they are mine another big thing is yes there is
illegal activity that goes on with Bitcoin because you can remain anonymous
while transacting it well you know carry out transactions that is a good thing
that is also a bad thing bad obviously illegal activities aren’t great then but
they happen the good side of it is there’s a market for it so people are
going to be buying Bitcoin as an investor that’s a good thing even if
people are using it for illegal activities that is a good thing and
don’t sit here and pretend like the US dollar isn’t used you know for illegal
activities – one of the richest men in the world are the some of the richest
man in the world are the Colombian drug lords who deal with cocaine and they
have stacks and stacks of US dollars at their house so don’t pretend like
bitcoin is the only thing that’s you know causing the illegal market to do
anything it’s just that’s just not true it’s just a new way for them to transact
just like it’s a new way for us to transact as humans to transact
and send money to one another that’s honestly my prediction on it I don’t
want to go into too much detail I do want to look at the interactive chart
though I see what says technical analysis summary is saying to sell I
don’t agree with that buddy I don’t agree we should not be selling
Bitcoin right now at this price you’re making a big mistake I think if you’re
selling at this price anyways let’s look where we are right here so this is the
coin base you Bitcoin to US dollar on No why is it on BitFenix I wanted to be on
coinbase huh BTC USD Bitcoin use dollar coins see
this works okay me maybe I was on the right one I was just seeing things so
let’s go through everything once again this is the support line a lot of people
are looking at is the 7500 to $8,000 mark a lot of experts were talking about
this I was telling I was watching a podcast with ty Lopez he had a ton of
experts on there and they were discussing 7500 being the point they’re
looking for a bounce and they’re looking for support and oddly enough it was
pretty much exactly at that point coinbase went to 7540 I believe and it
bounced off from that so that’s one of the big things they were very right on
that I was expecting support at the 8,000 mark they said 7,500 as they are
more expert than I am I trusted their analysis as well obviously I did my own
but I also trusted their analysis now you guys can see we are holding a
support still at the 8,000 mark dipped it was only for like a half hour an hour
then it dipped below 8,000 it wasn’t for long at all if you were lucky enough to
get some Bitcoin then congratulations on your profit but you guys can see we’re
holding the support line I am hoping to start seeing an upward trend you guys
know I’m saying by the end of February start of March we’re gonna start seeing
the markets recover and hopefully start seeing you know coins start moving
upwards and start seeing green days on coin market cap that’s what I’m looking
for I don’t think we’re gonna be testing all time highs exactly then
I do think that might take a little bit longer in the year but definitely it is
definitely coming soon now guys hopefully you Joe enjoyed this video we
just went over a bit in news and why I think Bitcoin is going to reach the 50
thousand dollar mark I’m predicting thirty five to forty thousand dollars by
the end of 2018 let me know your predictions down below don’t forget
Bitcoin and giveaway so make sure you comment and join the Facebook group to
be entered to have a chance to win some Bitcoin if you guys are already in the
Facebook group don’t worry you’ve already introduced yourself
I already remember you guys I will you know check and you guys are still in the
running for a Bitcoin giveaway guys thank you so much for watching
I’ll see you guys tomorrow for another video

84 thoughts on “BITCOIN BTC PRICE PREDICTION 2018 UPDATE + TECHNICAL ANALYSIS! CRASH? BUY? CRYPTOCURRENCY NEWS TODAY”

  1. What are your price predictions for Bitcoin in 2018?
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  2. Nice Video!What can you say about finecoin?thanks for the giveaway!
    btc adress
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    Ltc adress
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    Bch adress
    1LYAbuWtaYnhcGB6U4VSLNr3fx6Kof2SJq
    Ethereum adress
    0xd14c369dd71bb64db41c23a37dea00774d52d2e2
    rLW9gnQo7BQhU6igk5keqYnH3TVrCxGRzm
    Xrp adress

  3. Hi Patrick what’s the best way to work around all fees using only iPhone…I don’t have a computer so I have to do my trading on phone and that can get out of hand sometimes…I would really appreciate winning the bitcoin from you and l would really appreciate any advice. So please let the coin be mine! Thank you Patrick! 18D7b8yRNsdKjDTdJ6dwa7Gvx6QKi3ACSY

  4. I told you, bitcoin is going to come down to $8000 before rising again… so it did… but i think there is going to be one more drastic dip before it gets to more than $10K… i personally think that 2018 is the year of ethereum… fingers crossed…

    18U2AuMELQ6yGq9tG8Sheou15YyDVJu5Wj

  5. Come on man, everyone knows bitcoin still going to go down more in the next couple days. Put some limit orders and ladder in starting at 6,900 to 8,000. Trust me, you'll be happy. And it please stop using the term "crash". It's up almost 750% in the last year. 😂

  6. It is hard to say… tether and bitfinex can make or break BTC on the short term. When it turns out to be all air btc will drop to $4k, when they have the money to support their coin btc can move up. Anyone know when we get more news about tether?

    15GLD5cpwULpTWtUkfF6kgXfqKq6uUT4XA

  7. Ah sweet 👌🏾 I wanted to buy like 30 dollars of ven at the very dip but I didnt get the opportunity, do you think there will be another big crash?

  8. I have a feeling that it is go to keep going sideways between 7k to 9k. The increase should come around Feb. 24 as most of the population in Asia is off for Chinese New Years starting on the 15th.

    14tkv76TRSU4b16SyK4uVCWo9BdqiWoZ95

  9. I got was late to the game on Bitcoin, so I'm loving this dip right now. Been buying up coins like it's Christmas. Love that you are one of the few people who understands what the true value of crypto is and not spreading FUD whenever markets dip.

    BTC: 1Dra2kDL39BZZ5fMDrwhdEHB7MWooC1FCW

  10. USD is the true dirty currency. Corporations lobbying and dirty tactics by politicians. Bitcoin and other cryptos, decentralized or not, are here to stay for the better. I saw that cryptos are a financial black hole according to financial experts. I find it hilarious that these banker/traditional types are scoffing at the direction its heading. I'll keep trying to get my Satoshis up while it's at a dip. It's only a matter of time before everything goes up. Thanks for looking at this with a logical pov. Keep making content, bro. 19NdKra3ZKc2DWpGVvsx9vPApTphpTEr5F

  11. great videos, keep them coming
    hopping to see the price of BTC go back up soon
    guessing it can get up to 50K by the end of the year

    my btc wallet:
    13h7bsCLjuSuU2HdQnJJ9M583APRRkUDvy

  12. i just start it yesterday i got a hashflare/exodus . with nothing in it could you help me with 20 euro voor mij hashflare start?14q7SsFZkm4AAPYsWcJg48cEJmHDwLMWjB

  13. I think 23% lost might seem high but very reasonable. Especially from the early days when people didn't know the future prices.

    1HkZVYppFKHmHhNfwFN8MjDLgTHN8yfCRY

  14. It is very hard to see your videos they are too far away from the camera. The print is small but I'm a little older than some viewers

    16P9trQP7Ki85E9rcxuLx4AWEhgPQheV3A

  15. Great analysis as usual man. I believe in BTC as well…. joining the group right now =)
    Btc:
    1ANLwteW37f6P118QroHxg4DGEZ4PPMeSe

  16. I am on board with you man. I just ordered my Nano S to store my coins offline. Hey don't worry Patrick, Friday is a good day to skip class. Good luck brother

  17. Hi Paddy, interesting watch always thought bitcoin to expensive and if I buy £100 then I'd need it X 100% to earn any decent profit….. Smaller coins maybe? I've Tron but don't know if I should get rid same will Ripple…. I paid outrages $2.50!!!! 60% down across my coins….😢
    1ELH8zAMPftEgY4ygpZ241aGyGFzms5puS

    Thanks….Mark Liverpool (England)

  18. Hello Patrik i hope that your analsy is write. I will also hold my coins till grean days.
    My adress
    1FWoEz346HFNFG61n6Gf38uwMSdhm2xdzW

  19. Wow the comment difference now you’re doing a giveaway lmao.

    I personally bought some ether when it dropped to $770 today and it went up to $900+ 15 minutes later.

    I like your videos, keep it up.

    14vnJesrHVxYwH1KGSAz65LLy54rh1EHTz

  20. In times like this I wish I had more money to invest…THANKS FOR THE DAILY UPDATES PATRICK!

    14wDEyr3dUSoVdBZW3B7vhzoTGMB8wgrf8

  21. good info again i do believe we will see a bounce back at the end of Feb i do think it will dip tonight but not as low we will see
    randy 1EFkeiVhESnakL8pxNy9vUbavD4RZihnDo

  22. Hey Patrick, I been lurking for the last few weeks and finally subscribed. Let’s HODL and buy some more.

    18rfuEitATsUqjDdMFnFs4Q7BaSQokUV8p

  23. Another thing I gotta tell your follower keep holding fellas being in retail for 10 years I realise January Feb just bad months look at stock exchange .
    Don't forget the Chinese New Year it's not done yet with all the FUD around us stay Strong.
    Bitcoin address: 1N8iBCY583gbJKpyDtngXL6B2i6F1JDBMv

  24. Yeah, I believe it could hit $50k and go higher. People who normally invest in stocks have taken notice, I think a lot of them are going to join in during this dip and that’ll help drive the price up.

  25. Hanging on to BTC for hash increase until 10k min… hoping for 25k by year end
    BTC
    1Dsu8xd9qAZL6TyiumK8rcqn9yo3NU1paz

  26. Bitcoin will remain notorious at least for another couple years…. what’s that podcast that you listen too?

    14vvFyvgaVTPmgVQ3NsAhpva7o4u4tyMwN

  27. Thanks as always patrick. Love your work. Added myself to fb page. Just waiting on acceptance.

    39V96uQP6BLhuJ1cVb95ZJ1XqeH3b5AGeU

  28. I thought it was going to go down a little earlier than it did but I think BTC will have a huge growth spurt mid-Feb.

    12CqCeWM8LjU4Npr78icjz9KN4pi4egBPC

  29. Thanks, I've been buying more bitcoin at this dip! Great Info as always. Already sent requests to Facebook.

    1KSvFX1wZJRKEjUk1dkiwhpPc7NuRYpHuM

  30. I think technical analysis has a Tinkerbell effect going on: when many investors believe in it, they act accordingly and it becomes true. It is a way to predict what believers in technical analysis (and the trading bots they created) are going to do, so it works. I agree that it is not pure mathematics or divination.
    1VFAvhTLtR5Z5Bz37DhiByBkpw7ydmi8C

  31. I believe this will help solve the scalability issues we have and this might also help reduce the transaction fees. But Dolfski I believe you are a person who is looking out for the future. Can you please tell me what do you think about the 26th of January (Some contracts are expiring) how do you think this will affect the price of the market or Bitcoin?

    18bnJkV6Q4CYhktrQv8aXxHbXw1rG3irT3

  32. The human psyche is the biggest reason "technical analysis" works. when we are in a space with so much speculation, whales and market manipulation the yes the target markers are defiantly price "agreements". I'm just glad the bottom has been hit and we can head back up.
    14WQi1MP5Z8crF9nEVDEk49Gm8M2ZdzbUG

  33. Ya bro… I also missed the chance to buy bitcoin… Feelin sad..anyways np..

    Btc address(this addres has only 23 hrs validity.. So reply me if validity is over) 😇✌️:1DG9Vfx9q1NLM3omtMNW2RZhMwWgZuCUAM

  34. I already invested all the money i could afford in btc…. But yesterday btc went so low that i took risk and bought some btc feeling good
    BTC address
    1DG9Vfx9q1NLM3omtMNW2RZhMwWgZuCUAM
    It has a validity of 23 hrs though.. So be quick if youre going to.. ✌️

  35. LISK rebranding 20th February, just bought 100
    probably in few days it's price will explode, so
    They will create SDK soon, it's great opportunity to earn some – it's almost finished product 💰

  36. Illegal activity ftw! I mean, legal activity ftw! The facebook group really helps out. Quick responses and everyone is willing to help each other out. Thanks for that.

    1GwUsfs8ymXWu7orhJKA8yYkfhhAHMjUg8

  37. My thoughts it's gunna drop lower daily rise a day drop a day until it sets a low for people to feel comfortable enough to buy

  38. Hey Patrick thanks again! Learning a ton from you videos. Keep up the good work! I think the markets will go back up like always. BTC will stay top of the list. Like you said it was first and everyone knows it. Some new to the crypto markets will look at it like brand name vs the other coins being store brand.
    12QEo9QuExXdYTruKzEhkdtVNBLAfLpDXp

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