BITCOIN CRASHING!!!!

Added: 2026-06-04

[00:00:00]Just before we jump into the video, please remember nothing in this video is financial advice. I am not a financial adviser. Please consult your financial adviser before making any decisions to do with your money. And let's jump into it. So yeah, as we discussed yesterday, Bitcoin is going down. We've just lost the $70,000 mark. And I hope yesterday you did watch this video literally named Bitcoin. Yeah, it's going down. So hopefully you watched that. You saw my thoughts about what was happening and why I think this is playing off. Now, we're going to continue that in today's video. But before we do, guys, let me know. I did my first test, an AI thumbnail here on the channel, and I myself find these quite irritating, right? But this is the way the YouTube algorithm is going. So, let me know what do you think about these AI thumbnails.

[00:00:42]It's a little bit of a different step away from my normal one, but the views were just the same. So, it seems like they work. But let me know what you think down there in the comment section.

[00:00:50]I do really want to hear from you guys.

[00:00:52]I love this community. And of course, in this market where, you know, we're in a bare market, everyone hates crypto, blah blah blah, I think this is the opportunity of a lifetime. If you missed 2018's bare market, if you missed 2021's bare market, right now you're living through the next one. So, if you ever felt at the top of any of those bull markets for Bitcoin that you missed it, now is the opportunity. So, don't leave, guys. subscribe, pay attention, and then be part of the next really small amount of people that make a ton of money in the next bull market, and everyone else calls them lucky and says they missed it. All right, with that said, subscribe. All right, help me out. Help me out. Let's look at Bitcoin's chart.

[00:01:33]So, right now, 70,000, exactly 70,000, right? I did alert in the crypto uh school here that I'm adding to my longs between 70 and 72.

[00:01:43]And I did add to those longs all the way down just now. I was watching it very closely. So, my Bitcoin long, I'm now almost three Bitcoin long, but I am in a $1,000 loss. This is more than fine for me, more than reasonable. As you know, we've banked about $30,000 a month uh doing these Bitcoin bouncing longs, right? So, I'm just going to continue to do that if I have to stop myself out here. I'll probably take5 to $10,000 in loss uh on this. No problem here. That's just the risk I'm willing to take. Now, the reason why I still open that is is pretty simple. I did explain it yesterday, but just to quickly go through it, you can see we hit the top of this bare flag. And I did tell you guys right here would be the perfect opportunity for someone who goes short to go short. Of course, I don't like going short in this market because it doesn't fit my strategy. It doesn't fit the way I'm moving. Perfectly reasonable for you guys to have your strategies and stick to them. That's fine. People will continue to call me an idiot for not going short in a bare market, but I would much rather catch the eventual bounce and ride that all the way into the bull market because I have a longer term time horizon here. I would much rather do that than just these quick short-term trades. That's just the trader I am. However, if you're not a tra if you want to see trades that are far more consistent, far more uh um you know, often, then we do have the research group, right? This is where you can see completely free crypto analysis.

[00:03:00]You can see my updates as well, like where I go long and all of that good stuff. And then you can also see uh our macro updates. And then most importantly, you got Tradfi analysis. So if you want to see trades in there, you can. And if you want to see crypto trades as well, you can see them in here. So we have a ton of uh macro updates analysis all going on in here.

[00:03:20]And if you do come over and join, guys, the UBIT group is linked below here. And the first 100 users, which we're getting very, very close to right now, will get a $500 position voucher into their account. So, all you have to do is follow the link below this video. Check that out below the video, and you guys can get this $500 position voucher. Now, UBIT is where I've been trading. Uh, it's not lo, let me refresh to make sure. I'm pretty sure I logged in recently. It should come up again. Here we go. Come on. There we go. So, this is where I've been trading Amazon Meta.

[00:03:49]Meta. Meta is down recently. So, I got a slight loss in one of the MetaTrades, but the other MetaTrade $4,000 and another $14,000 in the Amazon trade. I might actually close those out pretty soon to get some profit there, ready for this Bitcoin dip. So, let's get back to the technicals here. Bitcoin right now heading to the support zone that I am hoping will hold. So, we have a support at about 69 and we also have a support at about 65ish, right? I want both of those to hold. Of course, if they don't hold, I would expect a retest of this region. Why exactly here? Well, this is the low, right? This is the low. The last time I bought about $60,000, people will put their stop losses, their liquidations, and their emotional capitulation right below these regions. You can see them.

[00:04:31]Yeah. Where the market pulls back. So, that's an often quite important bounce zone or liquidity grab depending on how you want to look at it. So, right now, we are retesting one of those zones right around this. So, that's what's happening right now. Okay. And if we do bounce off this zone, right, that will show us that the bulls are now more in charge or at least a short squeeze is coming. Now, that's what I'm trading.

[00:04:54]I'm trading the short squeeze. Now, why do I think there might be a short squeeze? Just look at this data. All right, this is lovely. This is what I'm willing to take a risk on. I'm not telling you guys to do it, but this is what I'm willing to take a risk on with my strategy that I've been using. Right?

[00:05:07]The strategy that I use is simple. I do the opposite of what retail are doing, and I try and do this at support. So, if I'm going to go long, I try and do it at support. If I'm going to go short, I'll try and do it at resistance. Right? If this chart was flipped, I may go short.

[00:05:20]I haven't yet, but I may go short. Now, looking at this, we can see the exact opposite. That was true back here when I said this is a great time to be going short right here. The exact opposite was true in the Bitcoin exchange map, liquidation map. Sorry. So, we had a ton of longs all the way up here and no shorts. But, right now, there's almost 13 billion of shorts and there's under a billion, right? is under a billion of long positions now. This isn't exact science. This is just a 30-day chart for Bitcoin's exchange liquidations. Right?

[00:05:49]So, this is just showing me that the majority of people right now in just plain as day data, more people are betting, we go further down. So, that tells me, okay, well, if most traders lose, if more people significantly more, almost no one is actually betting, we're going long. So, in a situation like this, this is where I go long. And that's why I've added to my long position, right? Hopefully, it bounces.

[00:06:10]Hopefully, I make some money. If not, I'm okay with the loss. That's the most important thing to understand here. I am using money I can afford to lose, right?

[00:06:18]We've been banking the profits. That's why I'm so staunch on taking profits all the time, even if it can ride significantly high. I want to get those profits out and make sure I'm ready to protect my capital at all costs. Guys, just before we jump into that, guys, if you do want to get your holdings working for you while the market is boring, you may want to research forex. Now they have liquidity pools where you can earn up to 20% variable APY. Now of course you must always do your own research before doing anything with your capital.

[00:06:46]Forex is a sponsor of the channel but right now there's 124 million in assets allocated. According to them there's with you can withdraw any time. There's no lockups and you can use XRP, Ethereum, USDT and others. If we scroll down, they have a fully transparent team that you guys can check out on LinkedIn here and do some more research. And they have their regulatory filings and public disclosures that you guys are welcome to check out for yourself. If you want to see how much you could be earning, they have a calculator here and you can check all of that out using the link below this video. And let's continue on. Now, Bitcoin did crash below 70,000 and it's official. The US stock market yesterday had its highly highest daily close in history, adding 12.4 4 trillion in market cap in 64 days. Guys, 12.4 trillion entered the stock market in 62 days. And the entire crypto market is 2.4 trillion. That's what six time no five times the amount of money. That's the entire market was added over 62 days. That's a 5x, right? That's wild.

[00:07:49]So, Bitcoin, right, at a 5x significantly higher than it's ever been, over $300,000, right? If that were to happen. Now, that's just to show you how much liquidity is in the market. And this liquidity is focused on one thing, and it's this right, the AI trade. Now, Micron is just one of many in the AI trade. But the market is focused on that, and that's what the market wants.

[00:08:10]It wants fun, excitement, and number go up. 37, sorry, 377 billion added to AI infrastructure stocks in a single session. 377 billion, guys. Nvidia up 6%, MU up 6%, Dell 10%, SanDisk 3%, WDC 3%, and STX 4%. Every single one of these companies directly supplies hardware that runs AI chips, memory, servers, and storage. Now, I'm not telling you to leave crypto and go to this. However, you should also be paying attention to this, and this is what we've always talked about. A nice diverse portfolio is so important. If you have a nice diverse portfolio, in a moment where Bitcoin is boring, if not going down, you have some of your capital allocated to crypto and you have some of your capital allocated to just even just boring things like the S&P 500, you'd be a much better position right now. That's why here on this channel, I shared with you buying heavily in the tariff crash because I wanted exposure to the crypto market.

[00:09:06]And again, this isn't to boast and say, "Oh, I've done exactly the right thing all the time." No, my literal long position right now in Bitcoin is in a loss, right? I don't always do the right thing, but it's all about setting up yourself for the best possible chance, right? That's why I don't go short in this market right now. Even though it sounds crazy in a bare market, why would I not be going short? Well, I have so many things that I'm focusing on and go and paying attention on. I'm far more bullish than I am bearish on Bitcoin.

[00:09:29]So, I would rather take these long positions, these bounces that I understand way better than shorts. And it's as simple as that. And then I can take that mind share and I can apply it to deploying capital into other opportunities while the Bitcoin opportunity simmers. I think the Bitcoin opportunity is the biggest one here. And we have a very interesting piece of data that has shown us where the very best time to ever buy Bitcoin in its history has been. And we're right slapbang on that at the moment. We are far more in that in uh Bitcoin uh sorry in in the last pullback at about 60k. This is exactly where I did my big buy and actually did buy again here on this dip.

[00:10:06]So, right in the middle of this zone.

[00:10:08]Now, what is this zone, do you reckon?

[00:10:10]Huh? What do you reckon this is? It's the Bitcoin cost of production. This is how much it costs to make a Bitcoin, right? And as we come really close to this bottom area, just this cloud really, every time we've either retested the cloud, touched it, or gone into it, it's been a phenomenal buying opportunity. All right. A phenomenal buying opportunity down here.

[00:10:34]Uh it only cost about $3,000 and that was in Jan 19. And you could buy Bitcoin for a while there. Right. Jan 19, it spent about 133 days in that zone. Very similar to what's going on right now.

[00:10:47]We're about 119 days in that zone right now. We then came up. We came down to retest it. All the way into a bull market and then all the way back down.

[00:10:55]All the way into a bull market. Retest.

[00:10:57]and then the end last blowoff top of the bull market to come down and retest it perfectly right now. We haven't really gone too far below it since 2020 and that was the old Rona Ronerson crash right there. But there may be some sort of black swan event that pushes it down just like this one went right to the bottom. Something else could happen or maybe just maybe according to this chart the $60,000 region really was the bottom. We'll have to wait to see. in history. This right now, the moment we're in, has been has never been a bad time to accumulate Bitcoin if you have a long-term time horizon, which it seems like 50% of the people who watch YouTube right now about crypto and Bitcoin do and 50% don't, right? Because we can see if the people who were buying right here when we were in this zone before, if all they were saying was Bitcoin only goes down, well, they would have been right for just a single year, but then it only goes up for three years. The same can be said here and these are opportunities that you get rarely. So if you are someone like me who believes in Bitcoin for the long term, this is an opportunity that sits right in front of your eyes. Now does that mean that Bitcoin can't go to zero? No, I don't think it will. But it doesn't mean that and you could lose your money. I don't know what will happen. But this is how I'm playing the game. This is exactly the data I'm looking at and the platform that I'm currently using right now to trade on today for this long position is Yubit. So, if you do want to get yourself into the group or you just want to use Yubit yourself, the links are below this video. There's some awesome bonuses and again, if you want to join that Telegram group, the first 100 users get this $500 position voucher. So, if you want to check it out, feel free.

[00:12:31]Links in the description and I'll catch you guys in the next one. Peace.