Victor Cobra's Crypto Market Update 5.5.22
This may be my last video update for a little while. I mostly talk about Bitcoin here, doing my best to provide some objective analysis on current structure and price action. Just thought I'd post this while I have the time! Most of my recent thoughts and outlooks can be seen on my written posts, but I do sometimes like making these videos.
Here's the post where I talked about the relief rally to $46-48k:
If you don't want to watch the whole thing, here's the TL/DW (didn't watch):
Bitcoin back above 38.5k soon = bullish short term
BTC back above 43k for a couple months in a row = a little more bullish medium/long term
BTC right now: Extremely bearish sub-20k possible, unless back above 38.5k soon.
Thank you for watching! This is meant for entertainment and speculation only - not as financial advice.
-Victor Cobra
Here's the post where I talked about the relief rally to $46-48k:
If you don't want to watch the whole thing, here's the TL/DW (didn't watch):
Bitcoin back above 38.5k soon = bullish short term
BTC back above 43k for a couple months in a row = a little more bullish medium/long term
BTC right now: Extremely bearish sub-20k possible, unless back above 38.5k soon.
Thank you for watching! This is meant for entertainment and speculation only - not as financial advice.
-Victor Cobra
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