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0:00 - is the bitcoin harp in May 2020

0:04 - already priced in at the current rate

0:06 - or not we may see a big price rally

0:09 -  in 2020 exactly arises

0:13 - this question currently many

0:15 - investors and exactly this topic are watching meet

0:18 - today we will in more detail in the current video

0:24 - [music]

0:30 - welcome to our youtube

0:32 - channel tüv report my name is alexandra

0:34 - Mittermeier with us is about the

0:35 - topics bidco simply explained yes I'm

0:41 - back from the hospital and

0:42 - you may have noticed the

0:45 - last two bitcoin videos were without

0:47 - the current chart technique quite simply

0:49 - because we had recorded the whole before thing

0:51 - with its timeless

0:53 - topics, but we will get that today after

0:56 - so we'll look up right away the bitcoin

0:58 - chart but first I want to say

1:00 - briefly thank all those who

1:02 - me by e-mail and left

1:04 - also requests for improvement in the

1:06 - comments on youtube

1:08 - so many thanks again

1:10 - for that

1:10 - and because we're on the subject, we

1:15 - are on youtube shortly

1:17 - before the mark of 10,000 subscribers II

1:19 - would be very happy if we would reach

1:21 - this mark this year

1:23 - so please subscribe

1:27 - one channel because you are here in every

1:29 - case 100 percent correct when it comes to

1:32 - the topic of crypto currencies and blogs,

1:34 - it is about 100 percent that

1:37 bitcoins has been around since the end february increased but

1:39 - at last the world leading seems to be running

1:42 - club tourout of steam 

1:44 - so the bitkom has recently clearlyweakened 

1:46 - and we are now looking at

1:47 - the current chart technique up to

1:50 - right on my screen and

1:54 - here so concertino west or

1:55 - price dates come en as always from the

1:56 - press today is wednesday

2:00 - the eleventh december out and we are in the

2:02 - congress at about 7000 180 us-dollars

2:06 - after we were in the last few days again

2:09 - I have fallen a bit here at

2:12 - 6,850 us dollars a support

2:16 - if it, I would not comes in

2:18 - overrated

2:19 - so many seehere again

2:20 - descending the triangle so far I would

2:22 - not go but this chart looks completely

2:25 - clearly negative and especially the

2:27 - really bad is that both

2:30 - moving averages so both of the

2: 31 - 50 days average that this blue

2:33 - line as well as this 200 day line the

2:35 - this red line is now falling

2:39 - so we have seen a rollover

2:41 - in the 200 day line and that means

2:44 - this line is also sinking now and both

2:48 - moving averages are

2:50 - thus in the downward trend and that is k A

2:54 - good sign if we look at the whole

2:57 - closer we see that

2:58 - so that no further in this

3:00 - downward trend channel moves and the

3:02 - lower edge of this from another

3:04 - the downward trend channel is now

3:05 - just over 6000 us dollars and I have

3:10 - it was already in the last bitcoin video indicated 

3:13 - because the bitcoin was at that time

3:15 - it was oversold that I had a

3:16 - expect technical recovery and it is

3:19 - also occurred and the macd has

3:22 - here now ends at the end of november beginning

3:24 - december a bullish crossover delivered

3:26 - so this turquoise linear this instead of

3:28 - broken from bottom to top

3:29 - but this technical recovery was

3:32 - unfortunately as it currently looks only

3:34 - of a short duration

3:35 - why is that so clearly the volume

3:39 - speaks one other language and shows

3:42 - that it goes further down, so the

3:45 - large investors keep their feet still

3:47 - un d money continues to flow out of the bitkom

3:50 - and that is also shown in these

3:53 - red candles here

3:55 - if we look at the relative strength index

3:58 - then we see that I am so

4:00 - can move out of this oversold zone

4:01 - into the neutral

4:04 - area

4:05 - but this indicator of the

4:08 - trend intensity is usually also

4:12 - nothing good for those with small, so we

4:14 - can still 300 500 us dollars

4:16 - fall

4:17 - until we are oversold again so

4:20 - I can imagine that

4:21 - can definitely still times at the

4:22 - lower edge of this upward trend channel

4:24 - only then runs up again

4:27 - an oversold situation would result

4:31 - but the was this bottom line

4:33 - chart image was anything but good

4:37 - I expect short term another 

4:41 - in the- falling rates even if the bitcoin

4:44 - port only a few months, exactly

4:47 - said it's five meters onate isaway

4:50 - but as a small investor you have to expect 

4:53 - that it will for a short go down

4:55 - funny as we have

5:00 - just seen on my screen

5:01 - currently does not see it all too good

5:03 - off for the bitcoin so from price rally

5:05 - no trace to be seen yet but if

5:09 - a trend reversal is emerging for bitcoin find out for sure

5:11 - then he willin

5:12 - ours report under crypto -

5:16 - report can be entered free of charge by

5:17 - and next saturday it will then be at

5:20 - the subject of bitcoin and also mallorca

5:22 - was last under the wheels

5:25 - the course although the fundamentals

5:27 - are actually coherent we will look at

5:29 - the whole topic will then approach on saturday

5:32 - and as I said if you want to be therething

5:33 - just sign the wholeis

5:36 - absolutely free of charge

5:39 - let's get back to our main topic

5:41 - so everyone in the club scene lower

5:43 - inside gen is will have noticed it

5:45 - so in May 2020 this bitcoin will find

5:49 - port city and port does not mean that coins in

5:53 - the amount of circulation is halved

5:57 - but only that the faithful

5:59 - inflation, i.e. the number of the new

6:01 - crosses that the men put on the market

6:04 - come in half and that means about

6:09 - 12.5 bitcoins are then only 6.25

6:14 - all bitcoins ten minutes a

6:16 - new blog is then generated again on the

6:19 - market and that means that won the need less money

6:22 - demand side at

6:25 - this new cross to catch fire

6:28 - were At the moment there are currently 12.6 million

6:31 - dollars thaton the demand sideare required

6:32 - so to speak per day at

6:35 - these new together neededCrosses

6:37 - we then only6.3 million dollars

6:40 - if we now put the stock price of 7000

6:43 - dollars per bitcoin

6:46 - it is so that this with concave in about

6:49 - every four years re takes place every

6:52 - 210,000 blocks to be more precise and we

6:55 - so far had two bitcoins things I

6:58 - am through this graphic to a

7:00 - so once in November 2012 and then at

7:04 - July 2016

7:06 - and the media can see on this graph it is

7:09 - immediately in front of the port at a

7:12 - significant price increase, more precisely

7:14 - said thearound 110 price was on average

7:19 - percent previously increased so a six

7:21 - months before and is also in the year a

7:24 - year later then clearly tightened

7:27 - after heap I fade in to others

7:28 - graphic on there you can now see more clearly

7:31 - based on the percentage increase so

7:33 - the hope of the investors is definitely

7:35 - justified that the bitcoin rate

7:37 - immediately before the port or

7:40 - after the port increases significantly because

7:43 - simply reduce the offer

7:48 - now of course the question is likeas

7:50 - such a scenario is realistic

7:52 - he im im Elbar in front of the port aa

7:55 - seeclear price increase

7:56 - or after the port

7:58 - further rising prices are there

8:01 - the opinions are very strong

8:03 - apart, I'm this one for you

8:05 - poll on device by grace kelly aton,

8:07 - twitternamely 2000

8:10 - participants assume that I have

8:12 - not yet priced in the course so

8:15 - me I have a different opinion I think

8:16 - that this hobby event is already in a largely priced 

8:22 - because now in the current market

8:25 - there are still mainly professionals romping around

8:28 - the otto normal consumers have signed up signed off

8:29 - already, so to speak, that is

8:31 - you can also see it on google trends and also in

8:33 - in the media, bitcoin is currently

8:35 - not so popular

8:36 - and that's why it is currently at least like

8:40 - I only believe the professionals at

8:42 - say there and they really in thisBelieve

8:44 - technology and nd therefore these people

8:46 - are mostly well informed and know

8:48 - what is currently being played and these

8:51 - people know that the housing in May will take place

8:53 - 2020 there is Nevertheless

8:57 - there is an interesting one of an Analysis

8:59 - hedge fund manager named Charles approaches thing

9:01 - who analyzes whether the whole is analyzed more closely and he

9:05 - comes to the conclusion that the bitcoin in

9:09 - the port moves between 20 and 50

9:12 - a thousand dollars is expected

9:14 - a significant price increase and why

9:17 - expect this increase it is relatively

9:20 - simply you have the demand so to speak

9:21 - I calculate this

9:23 - The graphic for this is

9:24 - and he assumes that we will see bitcoin demand of 633 1000

9:33 - bitcoins by

9:27 - 2021, and that's because

9:35 - simply a lot of bitcoins over local

9:38 - marketplaces the local bitcoins

9:40 - are in demand because many

9:43 - countries still have a high n

9:44 - inflation fight like in latin america

9:46 - also in africa and therefore he expects

9:49 - also on these markets a stable

9:51 - bitcoin demand and also a bitcoin

9:54 - itf should be around 30,000 bitcoins himPull

9:58 - so to speak from the market and therefore

10:00 - he assumes that we will see a

10:02 - clear demand because excess

10:05 - he calculates that the offer of

10:08 - is from the men about 328,000 bitcoins

10:12 - should be higher and that means

10:14 - have a clear excess demand

10:16 - if this demand is actually

10:20 - a trip that is

10:23 - can be quite speculative So you say

10:26 - are only estimates

10:27 - and what I think you should also

10:29 - not because this whole calculation

10:30- should be forgotten is that not only these

10:33 - new bitcoins from the men on the

10:36 - market but we also have

10:38 - 18 million bitcoins meanwhile at

1 0:41 - the market and I can very well

10:43 - imagine that these existing

10:45 - bitcoin owners also want to sell

10:48 - when the prices play higher again from

10:49 - so of course there are also possible

10:52 - new offer on the market you have to that know

10:55 - quite simply to know nevertheless I find

10:56 - this analysis of these hedge funds

10:59 - manager of charles darwin right

11:01 - interesting i'm all of you in

11:04 - the description below then you cancan

11:05 - youtube whole again in detail Readthing

11:07 - but he assumes that we have an

11:10 - bitcoin rate from about 20 to 50,000

11:13 - dollars after the port 10

11:18 - what is the conclusion of the whole

11:19 - well i already mentioned it i

11:21 - believe that this harting event is not an

11:25 - that big influence more on course

11:27 - will have i'm more on page

11:29 - by morgan creek digital with founder

11:31 - jason williams der au I assume

11:33 - that this event will be a non-event

11:36 - will have little influence on the price

11:39 - because in my opinion the

11:41 - all of it is somewhere too low from the

11: 45 - amount and the inflation that is

11:49 - reduced and I also believe that in

11:51 - future the future port events

11:53 - play an increasingly less important role

11:56 - that the influence of this thing

11: 59 - will decrease significantly because in Maywedrop

12:01 - 2020will already from anof accumulation

12:04 - 3.6 percent to 1.8 percent

12:07 - and then in 2024 at the next

12:10 - event If we then fall below 1 percent

12:12 - so the steps are then always

12:15 - less and the influence less and less

12:19 - is then moves less and less at

12:21 - the core inflation as far as we are then

12:24 - below 1 percent and then it goes

12:26 - so to speak in mini steps and

12:28 - so I think that the future port

12:32 - events have a lot less influence

12:35 - pm than the previous events and the first

12:37 - pm we will, in my opinion,pm

12:39 - after already in May 2020 I will see

12:43 - think that this is rather little about course

12:46 - will move i can wellimagine 

12:48 - the prices that the

12:51 - bitcoin price after the heap event

12:53 - will continue to increase quite simply

12:55 - because there is a constant demand

12:58 - encounters a lower offer and usually has rising prices at

13:04 - but I don't believe that we see

13:06 - a price explosion to 100,000 dollars

13:08 - I don't assume that but I

13:11 - think that in the next year we will clearly

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