Market bubbles form when institutional players manipulate prices through hype and FOMO (Fear Of Missing Out), driving prices to unsustainable levels before dumping on retail investors; historical patterns show that when markets crash, they can lose decades of gains, making it essential for traders to learn chart reading and recognize bubble indicators like parabolic price movements, hidden bearish divergence, and market manipulation tactics.
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Deep Dive
BITCOIN STILL CRASHING! how low?Added:
What was not supposed to be on Twitter?
Was supposed to be on YouTube.
Oh my god.
I hope you guys can hear me.
I don't know why um I got this kind of screwed up though.
So hopefully we can get this fixed here really quick.
Um yeah, let's hope we can get this cleared up real quick. Let me know when you guys can see um tube.
So I'm going to try to get the chat opened. cannot see it the way I opened the stream. So, let's see if I can get in here.
Uh, here we go, guys. I think we got it.
Let me know when you guys can hear me. I got to make sure this isn't going to be echoing on you.
>> Okay, can you guys hear me? Everything good? All right. What's up, Colin? So, Bitcoin currently still continuing to the downside. We have all our trades, even the huge 32 Bitcoin short in profits with stop-loss set in profits. I'm going to show you where that's at here in a little bit.
First, I just want to go over this chart. Do you guys remember when I posted this chart back here?
>> Right here. I put it on my X. If you don't follow me on X, make sure you follow me on X, guys. So, looking at this chart right here, >> and I did it January 21st. I said, I'm just going to leave this here. Please comment and share, which a lot of people did. And those of you that did, I appreciate it. If you didn't, jump on there. Follow me on X. It is, sorry, I'm still sick, guys. That's why I haven't been doing a lot of videos.
It's cryptosavvy1 on X. So, definitely uh check it out. If you guys are watching me on X, switch over to YouTube. It's much better. I can see the comments on YouTube. I can't see them on Twitter. So, I appreciate if you guys come on over here. Uh, David says it's echoing. Is it echoing?
>> It should not be echoing. I don't know why it would be echoing.
>> Um, let me see.
>> Nope, it shouldn't be echoing. If it is, I I'm sorry. Don't know what's happening there. Maybe it's uh check your stuff, David.
>> All right. Anyways, let's continue on.
So, let's expand this chart really quick, right? Take a good look at this >> and see here.
>> All right. So, looking at this expanded um it is playing out beautifully, right?
So, we were up here at 879 in January, right when this all started. Let's click over. See this chart? It is playing out.
See, there was nothing here in this red area. And now look at where we're at now. It's playing out almost identical.
Guys, uh please share this video. Uh if you if you've been watching this or even if you haven't and you find that interesting, I'm going to show you guys my trades here in a little bit. Let's take a look at some bigger charts, though. So, here is excuse me, guys. That golden pocket is down here around the 577. But we also have a long-term trend line right here off of these. Um, you know what? Let me zoom in here because I do think this can be moved a little bit.
>> Yes, it can. So, we're probably going to get our bounce there if I had to guess.
Uh again, all my all my trades right now are stop losses in profit and they're all way up, guys. Way up. Even the small trade is way up. So, that's what we're looking for. We're looking for this area for a bounce. Now, if it doesn't bounce there, it could get really ugly really fast. Excuse me.
>> Oh, are you guys still with me? If you're in here, make sure you guys smash the thumbs up. I'd appreciate it. Um, >> yeah, just smash those thumbs up. Leave your comments.
>> Let me see something. Is it echoing on this?
>> Let me try to watch this myself and see what it says.
>> Oh, here we go.
>> Let me see something. Is it echoing on this?
>> No, try to watch this myself.
>> No echoing there. So, uh, if yours is echoing, I don't know what's going on. I do apologize.
So anyways guys, take a second out, smash a like. We're going to get further in here, but so it's looking at about 578.
Um I >> I don't have any take profit in my big trade, right? 63 is the area. Uh let me show you that real quick. So here it is.
Uh right now we're up 3 74,000. All right. Now, if we get stopped out, uh, we're still going to be up around 300,000 profit if we get stopped. So, right, that's that's what I consider a winning trade. No matter what, we've already won. Um, if it gets really bad and really starts crashing, like I said, it gets below that 57, then I'll move the stops down again because it could get really bad, right? But if you guys been watching the channel for any amount of time, you know I've been calling for a Bitcoin bottom uh in October. We should have a confirmation on November on the RSI get a bounce off this trend line. If that makes sense to you, smash the thumbs up. If that doesn't make any sense to you, smash the thumbs up.
>> I appreciate it. So, anyways, yeah, that's what I'm looking at, guys. So, this in my opinion is the best case scenario for Bitcoin is 28,000. Uh the worst case we get back down towards that 10,000 range. Now, does it have to happen? Absolutely not. But is it a possibility? Absolutely. Uh this is starting to look a lot like this did over here, guys. So anyway, let's take a look at my smaller trade on Bit Unix right here. It is up 13,000.
Remember, we started this trade with 600 bucks. It's up 1,700%, guys. And my stops are in profit in this one, too. A lot of you are wondering where those stops are. They're at 63,000 right now. So, even if I get stopped out on this trade here, I'm still 10,000 profit. This trade here, >> 300,000 profit no matter what. Um, anyways, >> hold on one second, guys.
>> Getting irritating phone messages.
>> But if you guys want to follow along my with my trades, all these trades, right, I laded this big trade in over months and it's all in my Discord. The Discord's totally free. links down below if you guys are interested in trading.
Use my links for Prime XBT. Oh, where am I?
>> Sorry guys, didn't even realize I wasn't there. So, anyways, uh use my links over here. Bitix Prime XPTt. Um there's weeks down below. All these you get a special bonus from using my links if you want to sign up and start trading there. Um, >> so anyways, uh, yeah, everything's looking pretty spectacular. Let's take a look at this. Now, this is a little bit different looking at, you know, what we could be seeing as a right here that 56.
Let me get this stuff out of the way and just show you what this is. This is just a measured move of this rising broadening wedge, right, which we broke the bottom. We had it marked to watch for it.
>> That would get us down to about the 56,000. So, you know, we could get to 56 59. I have um >> excuse me, man, this code is kicked my butt.
>> Uh back after three years. Looking good.
What's up, AAFX?
Uh welcome back. Um do share the video, guys. Make sure you uh like I said, make sure you share the video. Make sure you hit the like button. Um for all of you that are new here, hit one. For all of you that have been following for a long time and been around for a long time, hit two in the chat just so I know what we got in here.
>> I may have to take that camera off. It seems like it's making the video laggy.
>> We'll see.
>> What is happening?
>> Okay.
>> So, anyways, um I started a new business. I'll probably be doing a page on that here pretty soon. But this is where we're looking at a possibility.
But remember guys, I think the the real area to watch here um is going to be this golden pocket zone. It could be anywhere between 55 and 58 uh 59, let's say. And again, that's a big, let me zoom out. That's a big trend line right here, right? That meets up with the golden pocket. That's just the Fibonacci retracement from this low to the high. If you guys been watching for any amount of time, you know that I said when we hit this trend line, start looking for the top, guys. And that's exactly what happened. Uh some other things I've pointed out throughout this whole move was this lower high right here on the weekly. We had a higher high right here, which is hidden bearish divergence. Told you guys to watch out for this. And here it comes. And there it came.
>> Uh let me take that camera off of there.
uh >> just because it seems like it's making the video lag. So, let me take that off there. See if it helps.
>> Um I I'm not sure if it's going to.
>> So, a lot of people that been around for a long time, I appreciate you guys sticking around. Uh make sure to invite new people. Uh if you're on any or in any groups other than our Discord, make sure you share. Tell them to come on over. I'm been around for a long time, guys. I don't [ __ ] I don't tell people to buy [ __ ] coins. I don't shill garbage. Um, it's not like that. I speak my exact uh my truth, right? What I'm seeing, what I'm doing in the markets. I actually have receipts, right? I show all my trades. Um, in the Discord especially. So, join the Discord if you haven't.
>> Um, yeah.
>> How many% will it rebound?
>> It depends on if it does rebound here, right? So if it does, what we would do here, we would look at this as one whole move, right?
>> And then we would just start looking at our fib retracements here. But if it is going to be, let's say it gets down to that 57ish, right? We start looking for a retrace maybe up into the 73 range.
But if you look at last time over here, right? Uh this this really really really really came down uh extremely hard. So currently we're like right in here. So, uh, depending, you know, it may not >> it may not retrace much. So, your retrace area, let me get this off of here.
>> So, your retrace area is going to probably be around that 70 at the highest. And, and honestly, I don't see it going back to there. I'd be watching this 200 EMA, and that's currently sitting around 687.
So look for at some point.
>> So a lot of people want to hurry up and get in a short in a red candle. That's not how you trade. You short the rips, guys. We were shorting all in here, building our trade. I showed you guys as I did it. I did videos as I did it. And then people were still just calling me crazy because they don't understand how to trade, what it's about. And that's what I try to explain on my channel that it's not about I don't know. Um it's building a trade, guys. Go look at all the negative comments on all my trades and look at where my trades at now. Uh, all the people that were speaking negative can kiss my ass because I come with receipts. Not like like a lot of these YouTubers and these bullshitters and these ex accounts, they don't show their real trades. They might show you a trade that won. They don't tell you they didn't tell you live when they got in and when they got out. And why do they do that? Because they don't want to show you all their [ __ ] losses. That's why they don't have the balls to tell you when they get in, when they get out, when they move their stops. They don't have the balls because they suck ass.
>> I love you guys.
>> I know that sounds rude, but it it's annoying watching these guys uh with their little [ __ ] $100 trades and sucking ass.
>> And they don't they only show their wins. They don't show their losses.
>> Uh because they don't tell you when they enter a trade. So, you don't know they're in a trade, so they don't have to show you the loss.
>> I've explained this for years, but people just don't seem to get it.
>> So, yeah, if if this is going to play out >> um like like this did back here, right?
If this is going to play out, let me get all this stuff off of here real quick.
>> We're going to hide everything, right?
So, if it's going to play out like this, like I've been talking about, so we're probably have a lot further down to go.
>> That was somebody just swung by. But anyways, uh so it's probably an Amazon delivery. Uh anyways, I think we're somewhere in this area, guys. I think I this could go down quite a bit, right?
So, uh, if so, it could go down to that 40 range, um, to match up with like what happened over here. So, just just be cautious, be careful. Um, this could get pretty nasty, right? Um, I wish you all luck. Thanks for tuning in, guys. Please share the video. Get it out there. I appreciate each and every one of you guys for following along. Make sure you join the Discord below. Let's check our trades real quick. Still 137 up. Uh 372,000 on this one. And yeah, >> let's look at Ethereum, right? Take a look at Ethereum. This is that bare flag. Look at that. People called me crazy. It never hit 16 again. Bam. There we are. And seems to be dropping below it, guys. Uh so the next step is going to be around that 1350. And after that, you know, it could get a lot worse. XRP.
You guys know my targets been right here about 82 cents is your first target of the breakdown from here. Another one.
People calling me crazy, guys. We've been [ __ ] nailing it. Uh, anyways, uh, Litecoin. And yes, I have the right to say that because I've been showing you guys the whole [ __ ] time why all these [ __ ] idiots are screaming [ __ ] new alltime highs. I'll probably get flagged like hell on this video, but I'm just sick of it. Anyways, uh, Litecoin looking for that 3920. If that breaks, obviously much much lower. Uh, 88. Guys, please share my name out there. Share my tweets, my X uh, post, all that good stuff. Share these videos.
Uh, click share down at the bottom. Hit it. Share. So, let's take a look at ADA.
Ada, same thing, guys. Been looking for that 10 cents. We're at 15 cents, man. I put that [ __ ] in way up here. People called me crazy. Look at it now. Come on, man.
>> Unbelievable. Uh 60 bucks is your next target for soul again. People called me crazy. Once that breaks, we're looking for 27 and then six, guys. Let's look at master. Oh.
>> Oh no. Strategy. You're doing [ __ ] horrible.
>> Oh, do we have that strategy link?
>> Thanks, PF4. I appreciate that.
>> Anyho, >> much love, guys. Let's let's take a look here. So, anyway, guys, if you're in [ __ ] coins, I I wish you the best of luck. I'm not saying they're they're dead. I'm not saying that they can't come back, but I'm saying the [ __ ] ain't looking good. And [ __ ] ain't looking good, right? So, I have a theory and I want your guys's opinion on this theory, right?
>> So, my my theory and please please tune in here. So, back in 2017, let me let me put my face back on here again.
My ugly mug. So back in 2017, >> um they you had like, you know, >> you had the people, >> uh regular Joe's getting in the market into the hype and the $20,000 pump and then it dumped, right? And then the next one, then you had like uh Tesla getting in and this is the 2021 bull market. You had Tesla getting in, you had Strat Dork getting in, you had, you know, all these companies getting involved into Bitcoin. That got it up to that, you know, 69,000.
>> Then we dumped. And then the [ __ ] US president gets involved and starts making everybody FOMO in. And this crash is taking all that money. And what's pumping from it? The Dow Jones, guys.
And >> people get in trouble for pumping and dumping. But they, the people at the top, >> have been controlling these [ __ ] markets forever and taking all kinds of money. So instead of fighting against them, learn to read charts, guys. Learn to read charts and see what's going on and then you will have a chance, right?
What is the market doing, by the way?
So eventually here, probably pretty quick, the Dow Jones, the S&P and the NASDAQ, man, when that comes down, guys, when that comes down. Let's take a look at it. Let's take a look at the Dow Jones. Look at this. Look at this. It did hit that top trend. Uh something to be cautious about.
>> But anyway, look, look at this.
>> This is insane. We're gonna go This is a 4 hour chart, guys. Let's look at this in the monthly, right?
>> Look at this. Look at this. And this is just to show you in comparison. There's the 2029 >> Great Depression bubble crash. Here's the dot bubble. Look how straight up it didn't go. Look how straight up this 2008. Look at that. Look at that housing bubble. If this ain't a [ __ ] bubble, oh my god. This is going to be insane, guys. And for the people buying up here and listening to all the [ __ ] talkers on the news and the [ __ ] just trying to get pe guys, they're playing a game.
They need you to keep coming in so they can get the [ __ ] out.
>> Pay attention, man. This is going to be [ __ ] ugly, dude. It's going to be [ __ ] ugly.
>> It's Carmine. I'm loving this side of Savvy. This is the old me. I'm coming back. I'm so [ __ ] sick of this [ __ ] man.
>> This is crazy. It is so Crazy. Look at this [ __ ] Look at that.
>> That cannot continue. Look at how bad the crash was after every other little one.
>> This is called parabolic [ __ ] FOMO.
>> Oh my god. Here, let me pull up >> let me pull up [ __ ] uh >> let me pull up >> NASDAQ, right? And and and I'm going to pull up more than that. But look at this. Look at this. Let's Let's get this on the monthly. On the [ __ ] monthly.
>> On the monthly. Right.
>> Same thing, guys. Look at this [ __ ] Could it go higher? Yeah. But the the end result is [ __ ] >> not good.
>> The end result of a pump like this is not [ __ ] good.
>> This is like a giant [ __ ] penny stock ready to [ __ ] sell off like never before. And man, and they're going to, you know what causes market crash?
Selling. After they've hyped it enough to get almost everybody they can get in.
They're going to dump on your heads, guys. They're going to dump on your heads here.
>> I cannot say this enough, but I do love each and every one of you guys. But uh man, let me know. You're not Nobody's responding. Why doesn't anybody talk anymore?
>> Talk. Damn. It It takes two seconds.
Type in what your thoughts are real quick. It gives us something else to talk about.
>> I'm I am I am not being Mr. Nice Guy anymore. I am sorry.
Um let's see what else we got here.
>> What else is another one? Um trying to find NASDAQ. Uh there we go. S&P.
There's another one. Look, let's look at the S&P on the freaking monthly, right, >> guys? What the f? Let's get that off of there. What in the f? Right. What in the That's not That's not good. That's not normal.
>> There's your bubble.
>> There's your 2008 bubble, guys. If they called them a bubble.
>> WHAT THE [ __ ] WHAT THE [ __ ] IS THAT?
>> WHAT IS THAT? They can't SAY THIS IS NOT A BUBBLE. IF THAT WAS A bubble and that was a bubble. They cannot say this is not a bubble. WOW.
>> WOW. WOW.
>> Am I having a temper tantrum? Maybe.
>> Maybe. But I I just I just cannot believe people today, man. real quick.
Gives us something else to talk about.
>> I cannot freaking believe it.
>> Let's look at our trade. Our trade up 14,000 here. Let's look at the prime trade. What is it? 387,000.
Oh man. So, are any of you in any profiting trades right now? I don't want bullshitters telling me you caught the [ __ ] top and all that [ __ ] Seriously, if you're in a trade right now, are you in profit? Uh, how are you doing?
Leaf said just h you're saying everything that needs to be said just sitting back and watching.
I appreciate it, Leaf, but I appreciate it more when you get involved in chat.
It also helps the YouTube algorithm because YouTube algorithm sucks anymore for crypto. Why? Because they used it to hype. They're all in on it. YouTube, the people that own YouTube, the money behind YouTube, they pushed it and pushed it and pushed it to get people in.
You ever have a salesman that you tell him you'll call him back and then you tell him I'll call you back and then again you tell them I'll call and they call you back. That's what I pick a new salesman.
They do that [ __ ] and I don't I'm done.
>> Love it. Rants are good. Dean said chat's quiet because we all agree with you. Then say you agree or whatever something. I mean, let's talk or give me a different point of view. I'm okay with a different point of view. I get I'm this is I get to share my thoughts here and you can share yours, too.
What is oil going to do? Should we long oil? Um I don't know, man. Honestly, >> let me see. I'll take a look at the oil chart um and see what it's looking like.
Where's it at? I got it up here, I think. Here we go.
It's still in that freaking you know it >> if it can hold this 87 right your next your trend line up top is back here up around 114 if it breaks that you guys know my old oil target was 128 but I mean who knows if this freaking thing breaks out of this triangle here how high could it go it could go freaking >> much higher right it could go all the way the freak up here if it does you Well, that's just part of the collapse, right? Cuz people won't be able to afford [ __ ] anymore, especially the gas.
>> But I don't know if I would long it here or not. I mean, I'm >> Watch for a break. If it breaks, hell yeah, long it >> been short since 75. Right on, Perilous.
Yes. And profit from 77. Right on. 400K profit, bro. in boss mode. Uh, I'm up 60K and leading your trading competition. Hell yeah, big boss, man.
Nice freaking job, dude. You rock, man.
Uh, bought the catch up when it broke then got stopped coming back.
>> Right on. Honesty, right? It's okay to be honest. Like, if you're bullshitting all the time and say you're just winning, winning, winning.
>> Well, that nobody can help you because you're winning all the time. if you're honest and say, "Look, I, you know, I [ __ ] up here. I did this. I did that."
You know, maybe people can help you out.
And that's what the Discord's for. And it's totally free. It's down below.
Check it out if you haven't. Um, trying to get more active in there. I mean, but during moves like this, what else is there to really talk about except for where we expecting it to go, right? Most of us that are going to trade this are in our trades. We're not trying to chase red candles.
>> Excuse me, man. I have this cough is what is it? It's going on two weeks and I mean it's just not a normal cough. It hurts like hurts.
>> It's falling so fast. Could the bottom be earlier than October? Uh, no, Jonathan. I don't think so. I mean, it could, right? But I don't think so. I mean, people think that [ __ ] every time, right? Right here. It was falling so fast. Maybe the bottom So, when you're saying the bottom here is in November, well, this was in June. We're way down here and they said, "Well, it fell fast.
Maybe that's the end of the bear." Nope.
It still went all the way to November.
>> Austin retracted your message. Why? Why would you retract it?
>> And if you don't like me, go ahead. You can say that, too. I really don't care if you like me or not. I am me.
Um yeah >> guys >> oil depend on straighta harmuse sin. Um if you you probably are new here. I don't believe any of that [ __ ] either because that's all to move the markets.
The straighta harmuse [ __ ] All to move the markets. They get to post and say there's a deal. Markets go up and then two hours later after they sell, right? They short it and then they post.
Oh, no deal. They disagreed on some and then the next day a deal. No deal. Deal.
No deal. Stupid. Stupid. Anyone that believes this horsehit is insane.
>> What What are your thoughts on SpaceX IPO? Uh, if you got in before, good. If you get in after at whatever the price is going to be, wait till that gets cut in half at least. At least because people that bought early are going to be taking profits and killing it because they supposedly protect protect Joemo, but they don't protect Joemo because people get get in early before it's actually offered out there. Uh, they're the winners. when they give it to the retail people, it's too [ __ ] late, man. They got it usually like a a tenth of the price that it comes out and then people dump on everyone's head, make their money can and it can go back up afterward. That takes a while, right?
They're not protecting anybody.
>> What do you think about people are hyping and moving more money into collectibles like Pokemon cards?
Classic sign that I'm glad you said that, Austin. Classic sign like Pokemon cards and stuff. When bubbles are ready to pop, everything's worth money.
Baseball cards go super high up. All that collectible [ __ ] goes super high.
It happens all the time. Go look at all the past bubbles.
>> Markets crashing on good jobs report.
Looks like we're getting to the top soon or already have. Yeah, man. I think that I mean, like I said, it can go higher, right? traditional markets can go higher, but man, it doesn't [ __ ] matter how what what happens because they're going to lose decades decades of gains. Decades, right? So, let let me just show you what I mean. So, when this does [ __ ] come down, because this will come down in a big [ __ ] way.
This is huge, right?
>> You're talking about decades. So, let's look back here 20 years ago, right?
You're talking about these levels, even these levels, right? And that's going to take forever to recover.
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