THIS IS REALLY BAD.

Added: 2026-05-28

[00:00:00]Bitcoin is breaking down today, but I'm sure you're not surprised if you've been watching this channel because this is pretty much exactly what we have been expecting. And right now, I'm actually looking very closely here for an opportunity to do what not many people would do in a moment like this. But it is in fact open a long position. But I'm going to discuss that in the video in depth. I'm going to discuss the reason why Bitcoin is breaking down and exactly what my plans are going forward. With that said, please remember nothing in the video is financial advice. I have affiliate links below this video where I may earn a commission and that will be at no extra cost to you. And please under no circumstances base any of your financial decisions on my videos. This is just what I'm doing in the market and I'm a nutcase. With that said, let's jump into it. Bitcoin right now in this bare flag, but you could argue that this is also a bull flag playing out within a wider bare flag. Now what's interesting is essentially if we break down from here it is a higher chance given a bare flag that we break down lower. However we have data at our fingertips that we can use to figure out what might happen next. Also another thing that could be argued is this trend has been going on a little bit too long for it to be classified as a bare flag. But let me know what you think down there in the comment section. Right now we are slapbang on this support zone 73,200.

[00:01:20]Of course, if you do want to get alerted when I make this trade, if I make this trade, come and join the UBIT Telegram group. It's linked below this video. The first 100 users will be getting this 500 per do USD position voucher into their account. Once you're in the group, you will be alerted when that happens. We're about to actually post the first batch in there and we are getting close to 100 users. So, this will end. So, what I would suggest is if you're interested in seeing what I'm doing exactly when I'm doing it, you can come and join the completely free UBIT group. But there are terms and conditions you need to follow using the link below this video.

[00:01:53]More on that a little later. But what I would expect to happen right now is we're at a bare flag most likely probably break the bare flag a little bit here, convince a lot of people to go short. Maybe even we go down to 69 briefly potentially, right? But somewhere in this region we start to bounce. That's kind of what I'm expecting to happen. Now, the reason I expect that to happen is simple. If we go over to the liquidation data, this was from yesterday. We had 10 billion of shorts and we had 5 billion of longs.

[00:02:21]Let's refresh that and see what's changed. Now, we have 15 billion of shorts. Oh, look at that. I love it.

[00:02:27]$1.8 billion of longs. So, we did open a long position on Yubit. It wasn't large enough last time I opened it. And since then, just full transparency, uh, it did close out. So, the trade closed out on the way down, but it closed out in break even. Look, buy, sell. I got in. I moved my stop loss slightly above uh my break even price to cover all of the fees because I told you guys the trade wasn't large enough for me to take any profit out of it. It's not worth my It's not worth it, right? So, I just waiting patiently. If we run up, I'll ride it up. If not, we come down, we break even, and we get out. Now, it's way lower than where we got in. And now is a new opportunity, which I probably will be taking very soon. Again, if you want to see when I'm doing it, join the join the UBIT group. Now, with that said, this data tells me one thing. The market is pricing in more downside. A lot of people are looking at this bare flag and expecting it not to uh bounce and for it to go down. That doesn't mean we can't go down lower. Doesn't mean that at all, right? Because we do have things, for example, like Black Rockck dumping $527 million worth of Bitcoin. They've sold 1.8 billion of Bitcoin in just eight days. According to Mr. Crypto, this is really bad. However, I just think it's normal selling of Bitcoin when the price goes down. So, in the short term, I expect a bounce. In the next 6 months, I do expect us to roll over and break down. I like to trade these bounces to the upside when everyone gets emotional downside, right? They go really, really short. We bounce, we do a short squeeze, I make some nice profit here, and then we repin and repeat the same process until we eventually break down. The reason why it's so important to have stop- losses and to take profit when you see them is because eventually I believe we're going to break down. So, I don't want to get caught holding a long position, especially with, for example, uh cross margin where I blow up my whole account. So, that's why I'm using isolated in the trades that I've shown you. And that's the plan going forward there. With that said, uh we have Donald Trump saying he'll never let crypto down. And the reason why I wanted to bring this up is yes, crypto is down significantly, right? He's a Gary Gensza. The anti-crypto army nearly destroyed the American crypto industry by driving Bitcoin, crypto perpetuals, and innovation offshore. But Trump's saved it. Saved it. America is now the crypto capital of the world and builders and entrepreneurs are coming back to the United States. Now, the reason why I wanted to bring this up is you can hate Donald Trump, you can love Donald Trump.

[00:04:46]Irrelevant, right? What we can look at is the facts. For example, his investment into Intel did massively well. his investment and endorsement of Micron recently. The Micron chart is what uh I was just showing on the screen there. Let me get it up uh here.

[00:05:02]Absolutely insane chart. Sorry. Here.

[00:05:05]Absolutely insane chart, right? That's from an endorsement and not only but like that's being helped by an endorsement for Donald Trump. My point here is love him or hate him, he definitely does have an effect on the markets and I think that the reason crypto is doing badly right now it we're in a bare market so you could just chalk it down to that or you understand how the macro affects the uh Bitcoin bull and bear cycles and it just so happens that they happen at similar times right given the macro landscape. But I think that this is exactly what we need for the next leg. But all we need first is liquidity to re-enter the chat. Right now, liquidity is focused simply on the AI trade. I would not be selling my crypto now to get involved in the AI trade. Am I involved in the AI trade?

[00:05:50]Yes. If you can follow my stocks channel if you want. It's below this video. I'm involved in that. I'm trading that. I'm investing in it. Fine. But I'm not selling my crypto to do so. I think that's a bad decision for me. It's up to you what you guys do. Now, on top of that, we do have some geopolitical tensions that have increased. I'm afraid the US and Iran are now trading air strikes. According to Coin Bureau here, Iran's IRGC claims it struck the US air base in Kuwait after the US military hit a target or after the US hits military target, sorry, on K Island. The straight is now closed again as tensions escalate. Trump is downplaying any nearterm deal. This is very frustrating and very sad. And according to Ted Pillows here, just take a look at the NASDAQ daily candle. It looks like a nightmare for bulls. The longlegged dogee candlestick pattern could be the start of the rollover for the NASDAQ.

[00:06:39]And the NASDAQ and the S&P at all-time highs. The war broke out over here, guys. Isn't that crazy? Like this region right like sorry, this region right here. And look how much higher it is after the pullback. It's like look at that. 20% up from where it started. I don't like this. I think it's way too froy, way too up uh given the geopolitical tensions. I think just a small piece of news could break the camel's back with a piece of straw. You know the old saying. So I'm being very careful here, very cautious, but I'm not going to shy away from opportunities that I think exist in the market. So again guys, as well as being able to see what I do over in the UBIT group, you can also get access to the actual UBIT platform where you can trade Amazon, Meta, even SpaceX now guys in Micron and Bitcoin and all of the good stuff all in one place. And that's what I'm really enjoying trading on right now. So, if you want to check it out, feel free. If you use the affiliate link below the video and you sign up, you deposit, you trade. You'll also get access to the free Telegram group. And guys, the Telegram group is pretty cool. And then just taking a look at the Telegram group here, guys. We've got crypto analysis and trades right here. You can see stop- losses, all of that good stuff, my updates, Trafy analysis and trades, macros, and uh questions and all of that stuff. Pretty cool stuff. All here. Just if you're using the Telegram group, sorry, just if you're using the UBIT platform, you're going to get access to that as well. So, feel free to check it out using the link below the video and I'll see you guys in the next one.