Crypto Bullish Moment- Dont Be A Sucker

Added: 2026-05-09

[00:00:00]Welcome back, ladies and gentlemen.

[00:00:01]Bitcoin making a move. Bitcoin making a very nice move today. Crypto pumping.

[00:00:08]Cryptos start to pump. In this video, we're going to keep you posted on the levels you want to watch for Bitcoin. H what we're doing on this rally and make sure to smash the like, subscribe to the channel. Okay, so look, this is Bitcoin.

[00:00:21]All right, we believe this is this is the bare market rally right now. So it's happening, okay, in the bare flag and it broke above the the resistance of the bare flag. Okay, so this is bullish. Now we'll see how it will close today. If it can stay above it, continue above it, it will probably go higher. Okay, show you some level of resistance you want to watch. Okay, so we take the fib levels here from the top. The next level of resistance 85,000. If it can take the 200 EMA, which I will show you in a second, then you have 93,000. Okay, let's let's start with 85 and the 200 day MA. Okay, so you want to watch these levels here 85,000 and the 200 day MMA which is the green line here. It's at 836 and change. All right, h you want to watch this level. Okay, just to just to refresh your memory again, this is not how to happen. But last bare cycle on the bare market rally, you had a big bare flag, moved into the 200 day MA and got cooked. Okay, the the 200 day MA cooked it. Will it happen again?

[00:01:27]We don't know. We're going to be watching. We are going to be watching uh carefully on this 200 day MA at 83,000.

[00:01:37]All right. Now, also you want to pay attention to uh you know the altcoins.

[00:01:42]Okay, altcoins are pumping. You need to really you want, you know, trade them, okay, trade them, trade breakout, stuff like that. But remember, there is a very there is a risk that this this is a sucker's rally, okay? This could be very likely a sucker's rally. So make money as much as you can, but once you see Bitcoin turning down or from the 200 EMA or from the level of resistance we talked about 85 or 86,000 or from the top, whatever, once it turned down, you need to cover cover your your longs or whatever. Move stops, squeeze stops higher to lock in the gains and, you know, just trade it professionally.

[00:02:23]Don't be a hodler. Don't be naive holding into the the moon because it's probably not going to the moon. Okay, it's probably not going to the moon. We believe this is an a B leg. I'll show you now my my scenario, my Elliot wave count. Okay, so look, this is leg one of the bare market. Okay, this is leg one. Make sure to smash the like, subscribe to the channel, guys. Okay, this is leg one. The trade was a short from October all the way to February 2026. Okay, the trade was short crypto.

[00:02:59]People that shorted printed money. Now you have a sideways move, okay, for Bitcoin, for Bitcoin. Some altcoins actually doing well. But again, overly overall, generally speaking, most altcoins that most people follow are garbage. Are just garbage. Okay, the ones that pump are unknown coins that you know only pros are trading them. All right, you know, so this is a a sideways move now. Okay, Bitcoin is doing the the second leg in the bear which is which is a bounce. Okay, that's your bounce leg here already three months and counting.

[00:03:36]Okay. Now, again, it can continue higher. Can it continue higher? But for me, as long as it's under the 50week MA, you can see the red line at 96,000, it's a it's a bare market. As long as the price is under the 50we MA, it's a bare market. Okay? So, I have to assume what we're doing now is leg two inside of a of the Elliot wave cycle for the bear. Okay? So it will be one two I believe is going to be completed in May probably the the first half of the month probably this week or maybe next week I think so again I might be wrong I don't have a crystal ball I think so we're going to top out for this move in May somewhere in May and move on to the third leg down which probably will take Bitcoin to Wrecked City probably will take it you know to 30 40,000 we'll see how how how how it will be. But the leg the third leg of the bear is brutal.

[00:04:40]Okay. Is brutal. We believe something like this will happen you know in May, June, July, something like that. A big three month move just like we had back here. Okay. In the bare market, the juicy part of the bare market. Then you're going to have a bounce probably, you know, couple of months of a bounce and then another fizzle slow bleed into the cycle into the bare market low to the bare market low and then you're going to start a new boom market. That's what we think is going to happen. Okay, at the moment that's our that's our let's call it elite scenario for the the Elliot wave count. We believe the leg two is about to be over at some point.

[00:05:22]whether we're gonna get rejected here on the where we are or at the 200 or here.

[00:05:31]Okay, we're going to be uh watching these levels. Okay, this level maybe it will go all the way up to the 95,000 where the 50WE MA is at. Who knows? We don't know. Hey, what what we do what we think we know is that this is leg two.

[00:05:48]At some point it will get wrecked. Okay.

[00:05:51]Now if you if you if you use the fib level usually if you look at last cycle last cycle leg two went all the way to the this fib level uh around 86,000 okay on the on that fib level. Okay. So again, even if it will go, you know, stronger, maybe they will pump it to 93,000. All right. Could happen. You know, you never know. But anyway, what I'm trying to say, you know, now you have an opportunity to make some money on on longs, okay? Altcoin longs. Again, if you do want to participate, but if you don't want to participate and you're just waiting for the next dump, that's also amazing amazing thing to do.

[00:06:30]sit out in cash and wait for the next rejection, then you go short. You short Bitcoin, you short Ethereum, whatever you want to short, everything's going to die. That's what we believe. Uh this this is just a sucker's rally. Uh and we're going to keep you posted once it going to turn down. If it's going to turn down again, we might be wrong again. We might be wrong. We might this could be a new bull market coming now.

[00:06:54]Yeah. Yeah. Yeah. But again, I don't think so because a lot of people now, even myself, I even flipped bullish a little bit on this move. Okay, so I'm looking on my and my you know, I flipped bullish shortterm, okay, for a pump because the crypto market look now good.

[00:07:10]A lot of coins looking very nice. But again when this stuff happening when everybody are thinking the same everybody getting bullish you know short sellers covering their shorts everybody's like in a in a in agreement it's that's not going to end well my friend it's not going to end well keep in mind you have major major concerns inflation is rising the dollar we believe is bottoming out crude oil is going to surge higher is doing a bullish continuation pattern in my opinion ion above all major moving averages. Look at this squeezy squeezy here. Probably going to squeeze, maybe go down a bit more and then squeeze again. It's probably going to squeeze here and continue higher. It will push higher and the big the next move will be strong for crude oil. It will crash the markets.

[00:07:58]Okay, so keep an eye on that, you know, keep an keep an alo on Nvidia. Nvidia showing you signs of a head fake. Look at Nvidia looking horrible. Okay, you have a head fake on the chart. I'll show you clean chart here. You can see the double top. This top went even higher.

[00:08:16]That's not good. Nvidia, we believe topped or at least topping out here.

[00:08:21]It's topping out here and it's probably at some point will start dumping. We'll clear that low and then probably stock market will collapse and crypto will go with it in my opinion. Again, my two cents. Anyway, smash the like, subscribe to the channel, make sure you get yourself Bitonix account. By the way, join our service now. We have a lot of very nice trades coming. Nice longs are coming now as on the bounce. As long as this bounce is on, we're going to trade it. We're going to trade it. We're going to trade it long, long, long, long, long. Once Bitcoin top out, boom, we go short. We're going to short the out of this market because we believe this is just a sucker rally. And the big money, the really big money is going short after this rally is over. You can go short heavy heavy heavy position.

[00:09:10]Again, we don't use leverage. I don't use leverage. No one is in leverage in my service.

[00:09:16]But you can go very big, you know, on Ethereum, Solana, Bitcoin, and nail a 50 60% gain easy and and you know, no problem. Okay. And yeah, if you want to join, join our service, man. Best service ever, man. Join for four months.

[00:09:33]You can drop me an email if you want to pay with crypto. You get all my trade alerts, market updates every day, all my longs, shorts, everything you need.

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[00:09:43]Try it out, test it out. See you in the next one. Cheers.