My Biggest Target for this Bitcoin Pump

[00:00:00]Guys, Bitcoin is currently pumping. We literally bought the exact bottom after an amazing fake out. We made the plan on Sunday, executed and took the trade yesterday on Monday, and currently we're just making profit by making money and benefiting off of the breakout that Bitcoin did make without actually buying the breakout. I will never ever tell you to buy the breakout. However, we get the trade, keep it open so that once Bitcoin decides to keep and hold and reclaim 65K, we can make the most amount of money. This is literally the most pinpoint accurate I'd say entry for a trade because yesterday or the day before yesterday on Sunday, we did cover and we made videos about the plan to us or for us to hours before taking this Bitcoin trade. That was the title for Sunday. And then on Monday, we literally saw the dip. We saw the reclaim and then we entered the most amazing long trade on Bitcoin and this is exactly it 64.2 to the trade we took on Bitcoin before actually then seeing the strength holding the high volume area and then more importantly reclaiming above the valley area high and I literally told you guys that while we're above 65k I don't long randomly I don't buy the breakout because obviously like at any moment of time any breakout can be a false fake out or a false and ending end ending up being a fake out similar to how we saw on last Wednesday by the way we saw Bitcoin do the same thing we said that if it holds 65 5K we can potentially go to 67 68K and I told you guys not to short this level and also not too long but still expect higher.

[00:01:30]However, obviously with us losing that line we cancelled the idea. So same thing happened on Bitcoin. I just saw Bitcoin go and reclaim the value high at 65K and I told you guys that right now I'm going to be expecting higher and higher we did get obviously guys. Right now, I'm going to be covering the target and also my next amazing trades for today and hopefully this week because Bitcoin is pumping. I've been calling for higher explain the target and how we literally after seeing the amazing fake out happen. We clear we clearly saw the break and the change of structure, we caught the first long at 58k where we saw Bitcoin shift from being bearish into bullish. Again, we're only speaking from the context of day trading it because obviously this is the long we literally took from the exact bottom.

[00:02:15]However, we also understood to keep it open because Bitcoin was showing clear bullish signs in terms of structure.

[00:02:22]We've been literally making higher lows upon higher lows holding the anchored VWAP and also the PC. However, obviously the thing that got Bitcoin started finally was the fact that we had seen on the order flow the amount of shorts that were trying to actually randomly enter for no reason at a sign of strength. So, a lot of shorts were entering at 65K.

[00:02:43]And I told you guys this is a good sign.

[00:02:45]If Bitcoin just clears 65, we can easily get them to be liquidated and for us to be making a lot of money by just holding long. I've been holding my longs not only on Bitcoin, but obviously we did take an amazing Sana long from the exact bottom here. So again, for those that aren't trying to or aren't or haven't made money by the breakout, don't be buying the breakout. Just understand to keep trades open for whenever a breakout does happen. This is exactly what we do.

[00:03:10]I literally go live every single day and I make videos every single day. Not only to give you guys trades but also teach you how to trade yourself. So right now, as I said guys, basically and very simply, I've been saying that I wouldn't be trying to short in between 64.5 and 67. And you can clearly see that I wouldn't want to say I was right.

[00:03:28]However, technically, we had made the correct call. A lot of people were mentioning random lines and random levels and I made it very clear that to my own personal opinion and my own personal strategy I don't be looking to or I wouldn't be looking to short in between the breakout level or the 64.5 resistance all the way higher to the higher end of the target which is the other side of the range. Now again I explained how I'm currently viewing Bitcoin as rangebound technically on the medium lower time frame no matter or however you want to call it. So obviously we did see an amazing fake out and a bottom fake out here. We bought and longed the bottom. So right now my target is very clearly and easily us waiting for the top of say middle of June. So around 67.2 this is the level where if Bitcoin breaches and gets to and then need to me need to make a judgment call on whether obviously like again the chances are that I'm probably going to be taking profits. So, I wouldn't be closing my trades fully, but it's good to take profits 50% on the uh winners. However, then there may be a discussion for potentially shorting Bitcoin. Now, obviously, I would then need to look at the order flow, make a judgment call on the reaction and then if the reaction is good on the order flow, we may look to jump into shortening Bitcoin. Again, me thinking of potentially shorting Bitcoin because of this is a very because this is a massive important resistance area. We got this downtrend from 82K. We literally got the big PC from like the higher time frame zones and also this medium one. So right now there is no denial that 67 68K is an important level. However, obviously guys, if let's say assume the worst, which is actually us getting to short Bitcoin at the fake out of 67, even if the trade is given, so we see the fake out and we decide to short Bitcoin, I will still keep my lines open and I will still use a stop-loss because me taking a short, no matter at which level I'm taking it at, does not mean I'm expecting or I'm predicting a drop. I'm only taking a I mean a technical trade. So, obviously, there's always the chance where I lose the trade and I get stopped out. Hence why I keep my longs and even like there's always the situ a scenario where Bitcoin does drop. We make profits. We move our stop loss to entry on the short. However, Bitcoin then is super strong to the point where we like bounce off of like 64 63 and then reattempt at breaking 67 again and maybe go crazy to like 80s or high 70s. So again, I'm not saying I know where Bitcoin is going.

[00:05:55]I'm just happy to be making money regardless of where it goes to. I'm just waiting for the high. Still bullish, expecting higher.