GET READY! WE HAVE IGNITION!
Bitcoin is about to hit $50,000 ๐Ÿš€๐Ÿš€๐Ÿš€
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What's going on moong, let's talk about cryptocurrencies, we'll go over that main stock plate riot block, train, ticker symbol riot riot and then we'll go over bitcoin ethereum and dogecoin uh we're gon na do a quick technical breakdown, so we're better prepared for whatever is coming up. Not only this weekend, but next week, don't forget if you want to be able to buy bitcoin and ethereum check out the blockfy link below i just started myself. I've had a great experience depending on how much you deposit you can get up to 250. free of bitcoin, and then on top of that, if you want to store it with a if you want to physically store it in a ledger, there's a link for that Too, depending on when you're watching this the ledger deal, there's a special valentine's deal, it'll be ending february 15th.

So make sure you hop on that those are the first two links below block five, four bitcoin and ethereum, and then ledger is so you can store it. If you're worried about the online hacking first, let's start off with riot just so you know to be completely honest with all of you. I am bullish on all these things. Um.

I have two call options on riot 55 strike expiration late february uh. As of now, i'm pretty much uh scratch on it. Uh that's in terms of riot here i own dogecoin and ethereum doge. I am up 84, i'm in at 0.038 and then aetherium i own.

What are we at? I have i invested at 1 32. So i'm up 39 um. Just so you know in my private accounts on block fi, i al i own even more ethereum and bitcoin. I am bullish on the sector as a whole.

I love how so many things are coming together. Tesla put it on the books. Mastercards and it's networks there's talks of apple, allowing it on the wallet app. I think the future is insanely bright for the cryptocurrency world.

Just so you know i'm planning on being a long-term investor on bitcoin and ethereum and for dogecoin i'm riding the wave. I am fully a member of the doge army. I would love for it to hit one dollar, i'm not saying that it will i'm just saying that i would love for it too. On the screen.

Now you can check out riot's daily chart. I had a great day because crypto had a great day. Right was up 14 over the week, it's up 110 and from the start of 2021. Until now it's up 190.

Here's its look, i mean it's been skyrocketing, um. I i wouldn't suggest chasing it. Now we had this nice breakout above 29 30 um. I think the sky's the limit for it, but from a technical perspective, just to optimize your risk to reward, you might want to look for the r side to cool off kind of come back down and see if you can get into ryan um at one of These levels of support between 30 and 32.

- like i said i do - have those call options, but i would love to invest in the company if i can pick it up on a nice discount. Overall, though, i am very, very, very bearish on riot, let's switch over to bitcoin just had a new all-time high today of 49 000.. If you've been keeping up with these clips the live streams, you know that i've been calling for bitcoin to hit 50k. I think it's just like thanos inevitable.
I think it will happen sooner rather than later it perfectly ticked. 49. 000, as i'm filming this, it's at 48 000.. Let's see how it plays out over the weekend.

One thing i do want to bring to your attention is that you should well. First of all, you should never chase anything whether it's riot bitcoin any stock. I ever talk about, don't chase worry about, minim are optimizing, your risk to reward, and the best way to do that is by minimizing your risk, but from a technical perspective, what i wanted to bring up is clearly bitcoin has gone up from early january until now, Over the past month has gone from 42 000 to 49 000, but with that being said, the rsi hasn't. This is known as bearish divergence when it continues to go up, but the rsi doesn't, and it just means that there's less bullish momentum here than there was here as in the new high, has less bullish momentum than this old high.

This is commonly indicative of a future decline or a brief sell-off. So in the short term, i think that bitcoin will struggle also because we have that key psychological level of 50 000. So what i would imagine happening is that i'll tick it uh hit 50 000 and then maybe come off. There is support at 44, 000 there's more support at 42.

000. I would love to pick up more bitcoin in this range and then ride that for the long term, that's what i'm seeing in kind of the medium and short term for bitcoin. Of course, in the long term, i'm bullish on it uh. Here's a look at ethereum, similar graph, slightly different.

I just wanted to point out the current technical structure, it's very much in this wedge, so i will actively be watching not only the current all-time high of 100 1855, but this top trend line. What i'm expecting is because we have that same divergence in the rsi. I'm expecting a rejection at some point on this top trend line. Who knows maybe it'll come at that nice, psychological level of 2000 and come down and that's what i'll personally be looking to buy? More, i think it would be amazing to pick up more ethereum below 15.

000. Honestly, i don't know if that opportunity will ever present itself, but if it does, you can bet your bottom dollar that i'll be buying more and finally, let's talk about the meme. Stop dogecoin doge army doge2 dollar gets me excited every time i think about it, um. So recently it's exploded.

I just want to point out how it's been following this trend line uh. Clearly previous resistance, which has turned into support at 0.059. So, basically, at six cents watch that if it breaks below it, things could get more bearish, but things could get very bullish if not only if it breaks out above this white trend line, but also this resistance, just above seven cents if it can get above it. I feel very, very confident of dogecoin not only going back above eight cents, but really testing eight and a half, and once it gets up to a new all-time high.
I would be then looking at that key psychological level of ten cents. So once again, overall, i am biased on it because i'm bullish on riot bitcoin, ethereum and dogecoin. If you want to buy bitcoin in ethereum, check out the link to block five below. And if you want to secure all those safely offline check out the link to ledger, there will be a promotional deal.

That's going to end on february 15th. Overall, if you want to stay up to date with all the moon gang streams and clips like this, make sure you hit the subscribe button and turn on your notifications, you.

28 thoughts on “Bitcoin is exploding to $50,000: buy now?! crypto rally analysis bitcoin, dogecoin riot”
  1. Avataaar/Circle Created with python_avatars Peter Murer says:

    B!tcoinโ€™s record-breaking rally has come with some extreme moves, but by one measure, itโ€™s not as chaotic as 2017. What makes the current run-up different than four years ago is a wider belief that B!tcoin will develop into mainstream asset class and the backing of big investors, such as Paul Tudor Jones and Stan Druckenmiller. Crypto proponents argue that volatility is bound to eventually decline as demand broadens from speculators to long-term buyers, citing Tesla Inc.โ€™s $1.5 billion purchase as one example. โ€œB!tcoin is on a nascent journey to becoming an established asset class,โ€ said Paolo Ardoino, chief technology officer at cryptocurrency exchange Bitfinex in London. This is the major time for real time investors to get into the market and also be on the alert on trades and facts/news that would affect the pr!ce and find a working strategy for maximum profitability. I have had the opportunity to do my daily trad!ng with Mr. Burwell Coleman's tr!ade s!gnals and he has shown to me and my trรฃdฤ™s that he is a seroius minded person who wants great success in this crypto field. His strateg!es and s!gnals has been beneficial to me as an intermediate level tradeer. Burwell can be reached using Gmaรฏl ( burwellcolemanfinance@gmailcom ) OR Tฤ—lฤ—grรฅm (burwellcoleman) for guidance on any crypto related assistance you require

  2. Avataaar/Circle Created with python_avatars Candy Makowski says:

    Hey Matt is there any way to use BlocFi with USD? I opened an account but I can't really figure out how to use it. It doesn't give me an option to wire money. Thanks for all your info.

  3. Avataaar/Circle Created with python_avatars World wide says:

    Finally I was able to get 1 ETH today

  4. Avataaar/Circle Created with python_avatars TFC says:

    Iโ€™ve had a Coinbase and Kraken account since 2015, and owned cryptocurrencies since then. As much fun as it is to talk about DOGECOIN, itโ€™s still a joke and for that reason itโ€™s NOT supported on Coinbase. Why? Because Coinbase is a serious exchange where there are wallets and vaults to protect crypto, and they wonโ€™t let people play around with DOGECOIN and many of the 1000s of other coins that people dream up. Ultimately Bitcoin is the more well-know cryptocurrency, but Ethereum will be the more useful: the Ethereum Virtual Machine (EVM) can execute Turing-complete scripts and run decentralized applications. Ethereum is used for decentralized finance, and has been utilized for many initial coin offerings. Ethereum is up 547%. I owned Bitcoin when it split, and received Bitcoin Cash, and Iโ€™ve had it while itโ€™s bounced: Bitcoin traded at approximately $10,000 (February 2018), $3,800 (January 2019), $7,200 (December 2019), $4,900 (May 2020) and $37,000 (beginning of February 2021). I would urge dollar cost averaging so you arenโ€™t hold the bag when it goes down a cliff. And Iโ€™d think seriously about owning more Ethereum than Bitcoin even though the big companies are buying Bitcoin. (You donโ€™t know if theyโ€™re buying Ethereum too because it doesnโ€™t make the news). Image all the people who bought DOGECOIN at .08 cents and watched it fall to .03? DOGECOIN is .0581 cents, DOWN 13.75% right now. Why would you go there? Elon has fun tweeting about it, it jumps, and then smart people sell immediately.

  5. Avataaar/Circle Created with python_avatars Gavin Dunlop says:

    Great Channel Matt, keep up the great work

  6. Avataaar/Circle Created with python_avatars Moe Cars says:

    Amazing channel, keep up the good work.

  7. Avataaar/Circle Created with python_avatars RJ says:

    Do you even have any Bitcoin??

  8. Avataaar/Circle Created with python_avatars El Camote says:

    Can I borrow 50,000 and I'll pay you back when it hits 100,000

  9. Avataaar/Circle Created with python_avatars XBOXONE PLAY says:

    Do you know those starting in crypto are adding wealth to those in Bitcoin. look at the charts. You will literally own a bit unless you are loaded. Look at Alt coins where you might actually have a chance to earn

  10. Avataaar/Circle Created with python_avatars Richie Rich says:

    Hey Matt โ€” I am literally learning from you, WSB, and cheap finance books I find on ebay. YOU are the best resource of information โ€” can you PLEASE explain options trading?? Please?!??!!

    HAPPY VALENTINEโ€™S DAY MY DUDE!!!

  11. Avataaar/Circle Created with python_avatars Derrick Harris says:

    I heard BSV is more efficient than BTC. Your thoughts please. ๐Ÿค”

  12. Avataaar/Circle Created with python_avatars REinvented562Cali says:

    Thank you for being transparent..

  13. Avataaar/Circle Created with python_avatars christian arce says:

    Right know dogecoin is about .060 I have 80,000 coins ๐Ÿช™ average of 0.0634 what you recommend? I know you are not finance adviser but what you do if you are me ?

  14. Avataaar/Circle Created with python_avatars Futura Trunks says:

    Dogecoin to the moon! and if you need a wallet to hold your crypto, theres nothing better than electrum. its free and def pretty impossible to hack. Coinbase is to buy, not to store.

  15. Avataaar/Circle Created with python_avatars Inzye 3assaas says:

    shud i buy 200 dogcoin ?? mby after 3 month its will reach 3 000 >

  16. Avataaar/Circle Created with python_avatars ฤแบ O ฤแปœI - RELIGIOUS LIFE says:

    BITCOIN AND GOLD MUST BE DUMP 2022

  17. Avataaar/Circle Created with python_avatars Malerie McBurnett says:

    When you're looking at bitcoin do you just take into account the charts and technicals or do you also look at whats going on as far as the banks and companies getting in on it?

  18. Avataaar/Circle Created with python_avatars Joan Carvajal says:

    Love these breakdowns. Keep it up!!

  19. Avataaar/Circle Created with python_avatars Matt Kohrs says:

    If you see any "Matt Kohrs" bots, please report (I'm not on WhatsApp)

  20. Avataaar/Circle Created with python_avatars Brenndon Tso says:

    Look in the video playlist

  21. Avataaar/Circle Created with python_avatars MrTanker2989 says:

    Hey, Matt I will like to invest into bitcoin, $1500 best I can do, is it to late?

  22. Avataaar/Circle Created with python_avatars B C. says:

    Love your videos, have some calls on RIOT and Redfin, they should smash their earnings just like zillow

  23. Avataaar/Circle Created with python_avatars Jonathan Parker says:

    Sweet intro dude. Thanks for the clips Matt.

  24. Avataaar/Circle Created with python_avatars Gene says:

    What's the best to start off in-crypto. $100 budget?

  25. Avataaar/Circle Created with python_avatars K D says:

    Can you look at XRP been coming to your stream for weeks now

  26. Avataaar/Circle Created with python_avatars Daddy SLAT says:

    appreciate the channel… can we get maybe a run-down on how to use the options trading

  27. Avataaar/Circle Created with python_avatars Matt Kohrs says:

    Crypto — How else would you pay for things in space???

  28. Avataaar/Circle Created with python_avatars Marcus Joseph says:

    Love the new content congrats on 80 K

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