In crypto markets, optimal buying opportunities often occur when prices approach key technical support levels like the 200 weekly moving average, especially when the market is 50% discounted from all-time highs and most participants are ignoring the opportunity, creating a contrarian buying window before a potential market pivot.
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Bitcoin: The Best Buy Signal
Added:This has been the best Bitcoin buying opportunity ever in history. And in today's update video, we are going to need to be talking about this exactly.
We will need to talk about how this is going to be the best Bitcoin buying opportunity right now at this current time in this position where we are at in this market cycle. We'll need to go over what is happening in that a shorter time frame where Bitcoin is getting another push to the upside and we'll need to talk about so much more in today's update video. So, as always, let's get started with that shorter time frame.
And in that shorter time frame, yes, Bitcoin is um pushing even further to the upside in that shorter time frame.
And like we've been saying in all of our recent few videos, yes, I do think that Bitcoin is still pushing even further to the upside in that shorter time frame.
Yes, ultimately this move that we are getting right now is looking very dangerous. However, still I think that Bitcoin can be pushing a little bit further up to the upside in that shorter time frame. Yes, right now we have still been getting this falling w breakout to the upside. Right now we are still trading in a bullish month coming from this bullish level of support and yeah I do still think that Bitcoin can be pushing up a little bit higher. Now ultimately I do still think that Bitcoin is climbing its way up and I do think that Bitcoin is poised to go to the downside and poised to pivot to the downside. However, that moment doesn't necessarily have to be right now and we can still profit from a little bit of a push to the upside. We are still sitting in this long position over here over on Yubit. Right now, Bitcoin is sitting at the $65k.
I am sitting in this $15.8K US profit and I've already taken out 13K. Now, I've uh shared all of my positions in absolute real time in my first link down below over in my platinum group. So, if you're going to be getting interested in all of my updates in absolute real time, make sure to join the first link down below. We've also shorted the exact local top right over here. And right now, we have been taking profits at the exact local bottom. And right now, we have closed that position in the 210K US profit. On top of that, we have long that exact local bottom right over here and we are also slowly co closing this position because yes ultimately even though I do I do like the setup even though I do think that Bitcoin can be pushing a little bit higher. Well, what we are seeing right now I do think that it's going to be a fake rally. I do think that eventually Bitcoin is going to be turning around and I do think that Bitcoin eventually is going to be pivoting back to the downside. What we are seeing now is a fully liquiditydriven rally at this current moment. And always whenever we are seeing liquiditydriven rallies, we always eventually tend to pivot towards the other side. This has always been happening and I do not think that this time is going to be any different. And I do think that we're going to be seeing another turnaround and another pivot to the downside eventually. Now, maybe it's not going to be today. Maybe it's not going to be tomorrow. Maybe not not this week. Maybe not this month. However, eventually, I do think that Bitcoin is going to be turning around. And I do think that Bitcoin is still going to be seeing this spring vase. Again, maybe in a shorter time frame, we can be seeing a little bit more of a push to the upside. And I'm not saying that that push to the upside will not happen. I am still sitting in my shorting position. I am still betting on the upside in a shorter time frame. However, ultimately I am also saying that Bitcoin is going to be pivoting to the downside. Now, one thing is going to be for certain, Bitcoin is approaching a very good buying opportunity in my personal opinion.
Obviously, I never give out a financial advice. I cannot give fin give out financial advice. However, in my personal opinion, Bitcoin is approaching a a pretty good buying opportunity because Bitcoin is approaching that 200 weekly moving average. And every single time whenever Bitcoin has been approaching that 200 weekly moving average, it has always historically speaking been a pretty good relatively good moment to buy Bitcoin. And right now, we've been approaching that level.
We are 50% discounted from the exact alltime highs. We have been entering that relatively cheap range. And while we are entering these zones and while we are entering these levels, nobody is really paying attention. And while while I'm telling you that right now is a relatively good to buy that right now is a relatively good time to buy some Bitcoin. Most of you guys watching are going to be ignoring this and most of you guys watching are going to be looking the other way. So that is always what happens in the market.
Always whenever it is actually going to be a good buying opportunity in the market. Most of the market participants will actually have a look into the other direction. This is what makes the market the market because usually always the majority of the market participants always have a look into the other direction while the bottom tends to be getting formed. And that is exactly what is happening right now. While we are entering that bottom, while we are entering the 200 weekly moving average, nobody is really having a look into this buying opportunity. And obviously, just like I've been sharing earlier in today's update video, yes, I do still think that Bitcoin can be added a little bit lower in a shorter time frame. This doesn't have to mean that we're reaching that exact bottom just right now. We can easily be seeing a little bit of a relief rally before headed lower and then entering that next bull market, which I still do think can easily happen and I do actually still think will happen. I am still sitting in this Bitcoin long position. Now, keep in mind if you're going to be getting interested in trading yourself as well, make sure to check out that link down below because with that link down below, you can be grabbing a free $200 US position only by just clicking that link down below, sign up an account with my link and then after you sign up and link uh sign up an account, then download the UBIT app in your Apple or Play Store and then log in into your account that you've just created and then within about 24 hours, you're free $200 US position will be getting air dropped to your account. Now, if you do decide to deposit a little bit of money towards this app, you can be um getting some even bigger deposit bonuses and some huge deposit bonuses. So, if you want to sign up, click that link down below. It is definitely going to be very valuable.
But obviously, do your own research.
Obviously with everything with the Bitcoin market with every position like with everything right also with this position coming up that I will be entering in my personal opinion.
Obviously with this position you need to do your own research. However, whenever Bitcoin is going to be swiping the liquidity below the 2024 lows, well, that is going to be the moment where I'm going to be entering huge into my own personal long position on Bitcoin.
Obviously, I cannot give out financial advice. However, this is going to be what I'll be doing myself. I am going to be waiting for that last liquidity swipe. I'm going to be waiting for that last liquidity wash out in the market which is still poised to happen which is still bound to happen. And whenever that will happen I want to be entering big. I want to be entering my big positions while nobody is really having a look into the markets. While everybody is actually having a look into like ignoring the market to be honest because everybody is kind of leaving the markets. While we are approaching these buying opportunities, while we are approaching these great times in towards crypto, nobody is really paying attention. I want to keep my eyes wide open for these insane buying opportunities. Anyways guys, with that being said, this was it for me in today's update video. I do think that right now we are entering a big big period in the market where we want to keep our eyes wide open and I am buying myself at this exact current moment. So anyways guys, with that being said, this was it for me in today's update video.
If you did enjoy, make sure to like and subscribe. And anyways guys, I'll with that being said, I'll see you in another update video tomorrow
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