BTC - How the Bull Run Begins Again....

[00:00:00]Good morning. Good morning. Good morning. Good morning. Good morning, guys. We are 10 days and 10 hours away from a very, very important candle. A candle that could set up for a massive reversal to the upside, the monthly candle. Now, you guys know that the most recent monthly was not the best. I personally was not a fan of it. It looked ugly. Even though I'm very constructive around these prices, we had to respect the TA, right? This candle close underneath this level of around 67K was not the best in my books and I had to respect it. I had said that, hey guys, it may very well turn out to be a bear trap in hindsight, but it doesn't matter. At Mango, we got to go TA first.

[00:00:51]And TA first means risk management first, right? Your TA is your risk management. And we have to respect it until we see signs of that reversal. And now we are beginning to see those signs, those strong signs. We don't have the confirmation yet, but on the low time frames, we are beginning to see the signs that we wanted. And we're going to walk through those signs today. Because guys, if this plays out, we might not just be seeing a reversal to around $82,000. There's a cascading movement that may play out all the way up to $100,000. I know, I know, sounds crazy, right? Sounds crazy, but hear me out.

[00:01:29]Let's go ahead and get started. We're looking at Bitcoin on the monthly at the moment. Okay. And just a quick refresher. What I was not a big fan of was Bitcoin closing underneath this level over here and tapping underneath this low here. We got both. It's It's like the ugliest thing Bitcoin could do on the monthly. And if you go ahead and Oops, apologies for that. go ahead and mark out levels all the way from here too. Bitcoin did not respect those either. It was so ugly that it was begging to be a a bear trap, right?

[00:01:57]Along with everything that was going on, Micro Strategy, Sailor, the war, etc., etc., it was like really you are setting it up for a massive dump. So obvious though, you have to respect it. And the best way to play a bear trap is to respect it. And then when you see the signs of the reversal, that's when you can get back into your positioning, get back into your bullish mindset. Right?

[00:02:23]You don't need to go short here. You don't need to go bearish with your positioning. But at the very least, you pull back on your bullishness and your bullishness positioning on your dollar cost averaging, your accumulation, whatever your strategy is for your particular portfolio, your trading, etc. Right? and see it. We went through various um ways you could approach it.

[00:02:43]But for today's video, let's stick to the topic. The topic over here is what are we seeing here that is leading to that um excitement for a potential reversal. So again, we're going to switch quickly to we're looking at the monthly. Okay, we're looking at the monthly at the moment. What I'm going to do is switch to the monthly on the Mango dashboard, the Mango view over here, because we have access to the automatic, bullish, and bearish divergences. And what I want to show you guys over here is that Bitcoin has been really, really respecting these high higher time frame divergences. Had we respected the bearish divergences during the monthly rise all the way up to around $120,000, you would have called the actual top.

[00:03:28]Right? Now again this is hindsight analysis but you didn't need to look at only the divergences right your trend indicators as we were looking at called it pretty well as well you got got around 97k now combined with this if you saw the bearish divergences and coupled it with your trend indicators you had that much more conviction for this down move right you can see bearish divergence bear divergence triggered over here boom down to all the way 58k is where we are looking at a potential um bottom for bitcoin Now, that's your bearish divergence, right? I just want to show this to you guys as a way to say, hey, Bitcoin has been respecting it. And I back tested a few of these um in the most recent live stream as well with you guys on the lower time frames.

[00:04:11]One of the lower time frame divergence that we've been looking at over here is on our weekly time frame, right? This is a bullish divergence forming on the weekly time frame. Now again, for those of you who have access to the dashboard, all you have to do is click on add indicator, scroll down here, and turn on your RSI automatic divergence. You can see bullish divergence on the weekly.

[00:04:32]But I said to you guys, hey guys, this is only potential bullish divergence, right? It's not confirmed bullish divergence just yet. However, you go one more time frame down on the daily. Going to switch on over to the daily. And we had potential divergence over here too along with Krisha's inverted head and shoulders pattern.

[00:04:53]This divergence however guys has triggered. This divergence is officially in play bullish divergence and it has a measured move all the way up to the 200 moving average which also lines up with Kusha's inverted head and shoulders pattern. Huh? What do you know? This is where the cascade plays out. If we can go ahead and see this bullish divergence meet its measured move, it's also going to line up with this inverted head and shoulders meeting its measured move and it's going to trigger the weekly bullish divergence. Um, do I have it opened up?

[00:05:26]Yeah. No, let's just go here. Weekly bullish divergence that we just talked about over here. This bullish divergence if or rather this weekly candle bullish divergence is pretty much already triggered if we can get the candle close around here, right? But for confirmation, if you can take out the high over here, which we may have actually, for confirmation, what we want is the high being taken out of this red candle over here coming in from 15 June June. And we want a candle close above the candle open of that high, right? So the candle open, we want to we want to close our current weekly candle to close about the candle open and the high being taken out. This candle here is the most important candle, the weekly 15th of June candle. If you can do that, then this B divergence is officially in the books and it's looking like we may just do that. That measured move or that um target non-measure that target would be somewhere around first around $73,000 and then $82,000.

[00:06:26]That's when things get really, really, really exciting because then guys, we have a potential bottoming formation over here with a W like formation right over here. Right? You can see it boom boom that could be a higher [snorts] time frame reversal formation and then we get really really excited because if we can trigger that the trend the trend is going to flip guys on all the time frames over here. If you go on over to your actual dashboard your trend um portion of the dashboard and hit the drop down for bitcoin over here we're going to see the 4hour flip long the 12 hours flip long the daily flip long then we're going to have the 2-day the 4 day and the weekly all flip long. If we can do most of these lower time frame flips on the 4 day, etc., we are likely going to see um Bitcoin flip the monthly level that I talked about right over here at around $67,000 in 10 days, right? We've got two 4day candles that are playing out over the next 10 days. Let's see, we may have another one. Okay, so we're closing um a 4-day candle in two days.

[00:07:30]Then we're going to have eight days left for the month of close. So, we're going to have three 4 day candles close within this monthly close, setting up for some really, really exciting price action leading into August, right? Oh, man.

[00:07:44]It's all lining up so perfectly. It's all lining up so perfectly, guys. Now is really, really the time to pay attention. If you haven't been paying paying attention this entire summer because you want to take a break, good on you. You did good. that I hope you touched some grass, but now is the time to get back on the charts. I'm looking at a potential move all the way up to this red zone over here. So, starting at around 101 and then potentially even testing the highs at 119.

[00:08:13]A quick quick tip to um follow the trend on a relatively lower time frame if you don't want to wait for the higher time frame trends to trigger on the bi-weekly and the monthly that we've been looking at on our checklist on our streams. is the 4day dynamic. Actually, now I know the 4-day dynamic has not been the best time frame to follow for the um bull market that led us to 120K. We are following the bi-weekly dynamic. But this 4 day with the zone, okay, if you take into consideration the starting bid and ending bid zone, this has been a bit of a hack, right? Because right there, you saw that first respect on the breakdown of the trend. If you use your bish divergence from the beginning of the video, you could have used this as your exit. So, you had your bearish divergence as your warning. I'm going to respect this. I'm going to respect this, but I'm not going to be looking to call a top on it because it's not enough for me. And then you get the breakdown. You can sell right over here on the 48 dynamic. It lined up even with the bi-weekly dynamic um exit trade, right?

[00:09:12]So, good exit there, right? Well, guess what? Got respect over here, too. Now, let's see what happens over here. Okay.

[00:09:20]One way or the other, we are going to be given some clean information. If price can reclaim it over here and put a high low above it, retest it and let's say I'm going to go ahead and draw it out for you guys. Uh where is Let's use my drawing tool. There. Let's say it does something like this, like this, and like this. That's information for an upside trend, right? If Right. And we're hoping this doesn't play out. But if we instead reject it over here, let's do it like this. Reject it over there. Right? We see resistance over here. and none of the bullishness of what I talked about plays out and we instead do not see that confirmation or the weekly um bullish divergence. We do not see the monthly flippers level. If in the next 4day candles to come, we reject this one more time and make our way down, we still have really good information because now we have that much more confirmation on respecting this trend over here, right?

[00:10:17]we'll have a wedge-like formation and then we are setting up for this kind of wedge eventually. So either way, now is the time to be paying attention. Either way, >> if you are an ultimate or a premium user of the dashboard, for as long as you're signed up to the dashboard, you are now going to be getting monthly bonuses into your Bit Unix account. So yes, but as long as you're signed up using the link in the description below. So make sure you got that done. Now, if you are either a premium or an ultimate user of the dashboard, get into your account section right here and link your Discord to your account. As soon as you have that link on Discord, you're either going to have a premium tag next to your name or an ultimate tag next to your name, depending on which subscription you have, of course. And once that's done, in the Discord chat, you're going to find a way to link your Bit Unix in there as well. that'll help us know if you're a premium user or an ultimate user, and that's how we know to give you guys the bonuses every month. It's the sweetest campaign we've run so far. Of course, we are going to be posting more details on this in the Discord chat. So, make sure you guys get in there.

[00:11:21]>> Now, there's so much more I want to talk about, but I don't want to overwhelm you guys with information. So, let's just do a quick recap of what I talked about.

[00:11:29]First off, start off with Mango Dashboard. Keep an eye on the trends over here. Yes, it's time to get excited, but we're not just there yet, right? because the 4 hours is long, the 12 hours is long, the daily is long. But look at that. The 4day and the weekday haven't flipped just yet. We're looking for these guys to flip eventually. But for a head start, the 2-day flipping long and the 4day flipping even neutral will be good enough to be like, "Okay, guys, um I want to get I want to get back into position. I want to get back into my aggression, etc., etc., right?"

[00:11:58]So, start here first. Then what you want to look for is on the daily time frame this pattern to play out. If this pattern plays out, then you're going to get your weekly bullish divergence trigger and then eventually you're going to get your monthly flip over here by the end of the month above $67,000.

[00:12:18]I know all this might seem a bit convoluted, but hey guys, today is not always going to be the easiest if you want those big wins like the win that we caught from 17K all the way up to $120,000. Look at the number of things that we're looking at looking at back then. They were more than this, right?

[00:12:36]So now this might be a bit of a list to go through, but slow down the video if you have to go through it, learn, ask questions. The more questions you guys have, the more excited I will be to come here and do another video. My name is Sean Dexter. I hope you guys enjoyed this one. Let me know what questions you guys have. Ciao.