Breakout Key Levels for Bitcoin...

Added: 2026-05-12

[00:00:00]Welcome back, guys. So, today was actually a pretty good day all around.

[00:00:06]Bitcoin is still holding very well. Uh, and there are some important news I want to share with you guys in regards to what's going on and show you a a couple of key levels to look forward to because as Bitcoin is climbing higher, and I know a lot of you guys are paying attention, there are certain key levels we need to hit and break. And once we do, things will look really, really good.

[00:00:30]So, let me show you. Uh, so right now, Bitcoin is holding at 81,000, a little bit above 81,000, and you can see it's still up and it's been going up and up and up. So, obviously, that's a good thing. The US market today, green all around.

[00:00:49]Okay. In fact, NASDAQ hit an all-time high 23% in the last 30 sessions. So, it definitely it shows that money is coming back into the space, right? In a big big way. Now, why is that? Because people are anticipating that this will be over soon. So this thing about guiding ships out of the hormuz well Trump is pausing that because he states that negotiations are good and the end will be coming soon. The funny thing is we just heard yesterday about the UAE and Iran getting into it and today a day later oh things are going good and we'll resolve it soon. So, we don't know what exactly is going on, but what I do know is this. Markets are pricing that this will be over sooner than later, which is why money is starting to flow in. And there's a lot of money starting to flow in. That's why you're seeing this.

[00:01:55]Here's an example. Look at this. A6 raises $2.2 billion for fifth crypto focused fund. So obviously A16Z has no problems raising money. This is in the billions, not just millions for crypto investments. Okay. So, obviously a lot a lot of enthusiasm, a lot of money, institutional money and just Wall Street money and investor money, money all around that is looking to come back in a big way because it does seem like this is the absolute right time to do so.

[00:02:38]So, look at this. This is brand new on Ask Clash. uh all the intel tools including the treasury I mean just look at this look at the sailor tracker first of all that is not going to stop and it's only increasing and then plus the companies with the treasury that number keeps going up so you combine ETFs and the ETFs are great okay a ton of ETF buying you you combine that with treasury buying you combine that with Wall Street or institutions or countries whatever funds that are buying.

[00:03:20]That's a lot of buying, right? And that's exactly what's happening right now, which is why things are looking better even from a liquidity standpoint.

[00:03:29]Look at stable coins. We got 320 billion waiting to come into the market that's just sitting there waiting to come in.

[00:03:41]So this is why it's looking good, why people are turning bullish once again.

[00:03:46]If you look at uh fear and greed index, okay, we're coming up, but we're still kind of neutral and fearful. We're not quite bullish yet, which is good. But just to remind you guys, just a couple weeks ago, we were still in extremely fearful mode. So, we're definitely recovering in a good way. But it's good that this is not greedy yet. So, it gives you time to get in if you've been sat on the sidelines because I know a lot of you guys are still waiting, still thinking that we could go lower. And it could be because all coins really have not taken off. A lot of people are disappointed about all coins. I know that. But you got to give it time.

[00:04:27]Bitcoin leads the way and then alts follow. That's how it works. Now, I mentioned about a few levels, right?

[00:04:38]Because Bitcoin is doing so well. I want to show you guys, we got procharting over here. If you bring that up, this is what Bitcoin looks like on a daily scale. And there are a few key levels.

[00:04:53]If I remove this, if you look at this, this is the 50 and 200. We have broken above the the 50. Now, this is the 200.

[00:05:02]This is showing right around there.

[00:05:05]We're like, we're right there. Like, we're right there. We're about to break that. But if you look at other metrics, you know, this is the demo 43. We're looking pretty good. If you look at the EMA ribbon, we're looking pretty good.

[00:05:18]We broke above all of them.

[00:05:21]Looking at Ballinger bands, Bitcoin is a little bit over, but that's okay. There are many times where it just kind of hugs the line just like this back in February when we held the bottom of the buller band. Now, we're trying to hug the top and break out. So, things are looking pretty darn good. But if we zoom out to the weekly, this is where it's telling story. We're breaking out from the bottom. We broken through midway point and where are those key levels? If you look at this, there are many over here. Look, 77,000. If we break through that, there's a 74,000. But key resistance, you can see there's two of them coming up. 84,000 and 87,000.

[00:06:03]Those are not too far off. Okay. And if we break through that, it'd be the '9s, obviously. But you can see we are definitely coming up from the bottom.

[00:06:14]We're breaking through each one of these and it's not going to take us much longer to break through 84 and 88 and it's going to be glorious. It's going to be glorious. And after that, look at this up here up here 96,000.

[00:06:33]So after we break through those levels, that is the next level we have to look forward to. So things are looking quite well, guys. quite well. So, we'll just have to see if this war finishes soon because if it does, then you know things are going to line up and look really really good. I did see something else that's kind of related kind of not. Coinbase is laying off 14% of his staff about I think 700 people 400 or 700 people because of AI efficiency. Okay. because of AI efficiency. That is why that is why I built Ask Clash so that you guys could use it utilize AI in a way that you probably haven't thought of before because we have a lot of things built in here for you guys.

[00:07:28]Like for example, if you have a portfolio, this is a sample portfolio by the way, you could have AI analysis. All the tools here of course have AI built in. We got autocharting, sports picks, answers, you name it. Market cap with AI integrated. And of course, the best answers anywhere for anything, crypto, daily markets, advice, whatever you want, it's in here as well. So, this is the reason why I built this. It's part of the Clash ecosystem. But right now, you could use this everything I've built absolutely free. And there are a lot of people hopping on utilizing it. This is the future of AI. This is why you guys need to start adopting and utilizing it for your benefit. Especially if you're in crypto, you got all this intelligence built in for you guys to use. All right, guys. That is it. I will see you guys tomorrow, same time as usual, 8:30 a.m.

[00:08:31]Central Standard Time. All right, have a good one. Bye-bye.