A Major WARNING Sign for Bitcoin from the Oldest Trading System

A major warning sign for bitcoin from the oldest trading system. Bitcoin has been consolidating in a sideways pattern, what could likely be a corrective ABC pattern. However, recently trader and analyst Manuel Bay of the dow theory informed us of a potential warning sign on both bitcoin and ethereum, IF it happens. We explain in this video what this signal is in relation to the cryptos, bitcoin and ethereum. We also mention what could happen IF the dow theory signal triggers on BTC and ETH. Also, we cover what is more likely in the longer term based on the probabilities. #bitcoin #ethereum #alessiorastani

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DISCLAIMER and RISK WARNING:

Trading has large potential rewards and also large potential risks. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. We are neither an investment advisory service nor an investment advisor. Data and information provided are solely for educational purposes. Nothing in this channel, videos and the information provided in it should be construed as a recommendation to buy or sell stocks, ETFs, futures, indices, forex, cryptocurrencies, commodities or any market. The past performance of any trading system or methodology is not necessarily indicative of future results. Current analysis can change due to future market events. Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated, therefore anyone considering it should be prepared to lose their entire investment.