The video attempts to mask speculative technical analysis as a definitive warning through sensationalist clickbait. It is essentially financial astrology that mistakes historical coincidences for predictive certainty.
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BITCOIN: MY FINAL WARNING!!!!Added:
What's up guys? And welcome back to another video. In today's video, I want to talk about Bitcoin price because now we have broken out from this level right here. What is going to happen to the Bitcoin price? Is the same exact thing going to happen exactly right here back in January of earlier this year when we broke out, got rejected by the EMA ribbons and saw a massive rejection towards the downside. Are we going to go down to my bear market worst case target of $46,000? Well, if it is going to happen, it could be happening exactly now. We can see right here we've broken out exactly like we did here in January and we are wicking above this area right here.
I'm currently touching the lower level of the EMA ribbons. Now, in today's video, I want to talk exactly about what's happening in the world right now and what could potentially be going on with this Bitcoin price. So, as always, sit back, relax, and get ready for the video. All right guys, welcome back to another video and thank you for joining me once again. As always, a massive special thank you to each and every one of you watching at home. It truly does mean the world to me. To give back to you, I'm giving away $100 every single Monday. All you have to do is comment down below saying literally anything and you are automatically entered. Also, please remember I am not a financial advisor. I'm just a guy called Jack in his room making videos about his journey in crypto. Also, if you're in the UK, USA, or UAE, please do not watch or engage with my content. So, let's get into the video. First of all, let's start on the 4-hour chart and take a little bit of a look about what is going on right now. Because if we zoom out, we can start to see that yes, we have a broken out from this area right here. A little bit like we did here, a little bit like we did right here, and once again, right here and right here. So, in my opinion, I am a little bit suspicious about this breakout. Of course, we know the breakout is coming because of this right here. Iran says the Strait of Hormuz is completely open, but sounds warning signs on the US blockade. Of course, it's very bullish. The US um The US is still there, of course.
However, the Strait of Hormuz is completely completely open. Whether it is exactly open or not, I've seen some things online on Twitter that some ships are turning back. So, it may not potentially be fully open. However, in general, it's pretty good news. Also, look at this. Trump posted on um on his socials right here. He's meeting the president of China and he's very happy that the Strait of Hormuz is open and all rapidly rapidly, if I can say it correctly, rapidly opening. "Our meeting in China will be a special one and potentially historic." He basically says he looks forward to bring being with the Chinese president and this is a very very good news, guys. It's good news the Chinese president is happy. It's good news that Trump is meeting with him. He may even go to Pakistan like I said in yesterday's video to help uh if there is some kind of deal going on with Iran.
So, I think in general, it is very very good news. Now, yesterday, you remember I was talking about the um liquidation area up here at $76,100.
Well, of course, we're above that and that liquidation level, all the liquidity has in fact been grabbed by the exchanges up at that level and now we have a new one right here. But before we do that, I want to tell you about how I in fact going to be earning this bear market and this cycle what we're in. If you haven't already seen, guys, I am having many different grid bots available. And you can actually go and copy the exact ones which I am using. I have Bitcoin, Ethereum, Solana, Sui, hype, uh Tao as well. And also, I have oil, gold, silver, etc. So, this bear market, this cycle, I'm using these bots to automatically trade for me while I sleep, so I don't in fact have to go ahead and manually trade. If I do see a great entry point, then I will of course go ahead and jump on an exchange and do it myself. But this is basically how the bots work. It buys when it's low, of course, it waits, and then it sells when it's high, and it reaccumulates when it's low, and it sells when it's high.
You can see we've had great results from doing this with these bots and I'm actually using Pionex exchange. So, all you have to do is go ahead and join Pionex using the link here, claim your deposit bonus, which right now they're having up to a $1,000 deposit for a limited time. Go ahead and choose your bots on the website copymybots.io.
This website, it doesn't uh interact with your money at all. It's just basically a a website to link you to exactly what bot to copy. So, uh don't worry. It's all on Pionex exchange. So, I really recommend checking out copymybots if you do want to learn more and have an easier cycle this time round.
Let's take a look at this because right now currently, this is at around $78,525.
Pretty much $100 worth of liquidity. The same thing could be happening once again. We could see a little bit of a push towards the upside to 78K to lure people into some kind of false sense of security that Bitcoin is of course going higher. But when we're taking a look at this right here, if we bring up again the daily chart, we bring up again the EMA ribbons, um we can actually say that in my opinion, I don't think we're really going to be going much higher.
So, uh I believe it's the weekly chart actually is uh giving more accurate data. So, I don't actually think we're going to be going much higher. We could potentially get up to maybe maximum 81K in my opinion before we see some kind of a downtrend. But if you weren't paying attention in yesterday's video and you do in fact want to know the exact level which I am buying up, then uh we can go ahead and take a look at this chart, sorry, right here on a regular style.
Let's get these um moving averages set up on the weekly weekly time frame. And this is exactly what I'm looking out for this cycle, guys. If you didn't hear it in yesterday's video, amazing, you can hear it now. If you heard it yesterday, amazing, you can hear it again and hopefully it will start to make sense.
So, we have right here the 200 moving average in blue, the 250 in green, the 300 in yellow, and the 350 in red. All these moving averages show us exactly where the price of Bitcoin was last cycle at the bottom. Right here, we came down between the red and the yellow.
Simple, between the 300 to the 350.
Previously, we only came down to the yellow. In my opinion, the worst case scenario is we will be down here at this 350 moving average. Of course, what happened before does not mean it will happen again. However, it can rhyme. It can have similarities. And that's what I'm banking on this cycle, me personally. Of course, do your own research. Whatever you want to do, you can do yourself. I am not deciding that for you. However, somewhere between this region right here around 56K to around 46K, I think this will perfectly be the bottom for Bitcoin in my opinion. Of course, we could have a little cheeky wick down. No one's saying we're not having a cheeky wick. However, we could wick back up. And I really think that this range in my opinion, if I am looking to sell other assets, my gold or my silver or property or my car, whatever, and put into Bitcoin, I am looking to do sub 50K for the best possible entry price. Now, of course, we could push up. We could push up even to here to 85K. But I really think it's very optimistic to think at this stage, we are in a bear cycle, to think that we will just continue to go higher. Look at the charts, guys. Look, we had right here a double top right here. Again, we had pretty much a double top right here. We have completed this cycle. If you want to hear it or if you don't, in my opinion, we have completed this cycle.
We are in a bear market now. There will be times of depression for crypto right here. We will go down to these EMAs right here and we will then slowly continue to go ahead and build.
Previously, in the last cycle, I sold my Ferrari at about $18,000 Bitcoin. It was exactly due to this. We were at the 300 moving average right here, this yellow line. And once again, I'll probably doing the same. I may sell an apartment or Lamborghini or maybe some gold or watches or something like that. I don't know. But I'll be doing it around here, around the 50K range. Of course, it's painful to sell at 50K and not at 15K.
But that's how Bitcoin works. If you don't understand, you've not been paying attention. Read the freaking white paper or something. Of course, there is limited supply. And as the cycles go on, the Bitcoin price, the bottoms of Bitcoin will increase. So, do with that information what you will. I really hope you've enjoyed watching this video. If you did want to get go ahead and copy my bots, exactly exactly the same bots I am using, go ahead and click the link down below at copymybots.io. Again, this is not an exchange right here. It just links to Pionex. It's just a simple interface website I've made to make it easier rather than showing you these bots on an Excel spreadsheet. I've just done this.
And if you go ahead and click there, copy the bot for Bitcoin, you can see right here it opens Pionex and you can go ahead and copy the bot right there.
So, the links for that are down below, guys. As always, I'm not a financial advisor. I'm just a guy called Jack in his room making videos about crypto. I really appreciate you watching the video. Drop a like if it was helpful.
And of course, comment down below to enter to win that $100 every single Monday. Thanks for watching. I'll catch you in the next one.
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