Sensationalist warnings based on basic chart patterns are just noise masquerading as financial wisdom. It’s a classic case of over-analyzing the obvious to maintain an illusion of predictive power.
Deep Dive
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Deep Dive
ULTIMATE BITCOIN WARNING !!!!Added:
You've landed on the moon show. And I want to give you a big warning right now because Bitcoin just formed a specific candlestick that could be bad news. Look at this candle right there. This candlestick is generally a candlestick you see at the top of a uh a market or a top of a a rally. All right. So, the fact that it um ended up being red here, that candlestick could be the signal for a small correction before we eventually go higher. And um let me bring out these lines here again because if you look at these lines, we do have a lot of resistance where Bitcoin is right now.
First of all, I mean, we did fill the CME gap here at least on the uh the weekly time frame. If you go into the um sorry on the daily time frame, if you go into the 4our, you could see that technically the last candle close was all the way up here at 84.6. You could make the case that Bitcoin should go up there and close the gap at that point.
But in my opinion, if you look at the daily time frame here, u in my opinion, we can consider this gap closed as these wicks here are definitely touching. So I I would personally say the gap is closed. Um, let me know in the comments if you guys think we're actually going to go to 84K to close the um the gap on the 4hour time frame. Let me know right now in the comments. Um, now what do I believe is going to happen to Bitcoin in the immediate short term? Because I do have one trade open and hopefully you guys are also trading right now making money. Uh, let me show you exactly what I'm going to do after I show you this chart because this chart in my opinion is a very bullish chart. So we have bad news and good news. Let's start with the good news. Stable coin dominance is right now changing. All right. So we can see that uh this here is a uh a a um trend support for the stable coin dominance. And if we do break down to the to the downside here, then this definitely is going to be an very very interesting um point for for Bitcoin because why? Well, if stable coin dominance goes down, that means money will flow into Bitcoin and hopefully altcoins, right? So, when stable coins dominance goes up, usually that means people are a little bit um bearish, a little bit on the on the sidelines in crypto, right? Uh they're not they're not exiting crypto because they keep it in stable coins. They don't bring it back into fiat. They keep it in stable coins ready to deploy. So if we see the stable coin dominance go down, that could be massive for Bitcoin and I think massive for altcoins. So hopefully we can see that happen in the next couple of uh weeks here. That would be absolutely beautiful. And if you guys want to trade Bitcoin and altcoins, you can go to Ubit. Link is down below. With my link, you get actually up to $50,000 in bonus right now. But only if you use my link down below. No KYC, no VPN.
Absolutely beautiful. Now, uh let's talk about this uh this um uh price here. So, I think you know we are at such a big resistance point. We have the uh the the green line. If you go out here on the weekly time frame, the green line here is massive. It's such an important level. We've been talking about it for such a long time. And uh we also have the bare flag right there, just like we saw a bare flag right there. That's a a big one, right? And guys, can we reach uh 1,000 likes? 1,000 likes. That all I'm asking for. Just a thousand. Check below this video. If we are not at 1,000, please put press that button right now with any of your fingers. Um so I think we should be cautious now because um this week will be very interesting by Friday. Now, are we going to get that candle close? This weekly close on the weekly because this is now on the weekly time frame. And if we close bullish above the green line, then I am going to actually tell you guys that I think we're going to go much much higher in that case. Then I think the next step will be up to 100K in the coming two three weeks, maybe even much sooner. So basically the Friday close this week is going to be massively important. All right, massively important. So daily we do have this bearish candlestick pattern. Maybe that is a uh sign that Bitcoin will in fact close uh below the resistance and might come back down and revisit the bottom of the bare flag. I know that many people think we're going to go all the way back down to probably like 40k because of the bare flag. I personally do not think we're going to go down to 40k unless we get a black swan event. Trump says something, this guy says something, a war starts there. Like, yeah, sure. But other than that, I would say we're looking pretty bullish in my opinion at this exact moment. Guys, I think it's very important that you go right now over to um BTCC because over on BTCC in 24 days now, you have the chance to trade and win 5.1K without paying any money. Just deposit and make some trades and you can win up to $5.1,000.
Here you have all of the uh the um uh the requirements. You need to use my link down below. Very very important. Uh and if you go below this video, you find all my links. UIT, go check them out right now. Weeks, no KYC, no VPN, 20% deposit bonus, and BTCC. Those are the three exchanges I am recommending.
Obviously, Bybit is the safest in the world. 10% discount on fees with my link. Uh so I guess those are the four exchanges then that I am currently recommending. And um what's going to happen to altcoins? Well, it really depends on Bitcoin, right? Because if we break down lower, alts will get destroyed. Um we did see a little bit of uh altcoin movements on the market in the past couple of days. That is a bullish sign. But we need to see uh Bitcoin break I think above this green line before we see any altcoin season.
So all cozies easy will happen when Bitcoin breaks above like 83 84k and when Ethereum breaks out against Bitcoin which has not happened yet. So sit down it's not there yet but if you have USDT laying around right now I think it's a great time to deploy USDT to um to the market of crypto right now because obviously sure we could come come back down here but in the end of the day we are now very cheap. Bitcoin will go back above alltime high within the next one two years. I am very I'm a 99.9% sure about that. So deploying uh spot USDT right now is a great thing to do. Uh buying Bitcoin at 80K is definitely cheap compared to 500K in the future. So just make sure that you hold Bitcoin.
That's very very important. If you want to wait until we break the green line, obviously that is probably the best idea. Uh maybe we get a cheaper chance down at 60K again, but I think still I'm buying every week. Like every week I keep buying more Bitcoin all the time. I don't care if it's at 100K or 50K. Like I buy all the time. And so far in my life that's been very very good. Like I've been buying Bitcoin ever since here. Like I've been buying every week, every week, every week. Every week here, every week, every week, every week, every week here. I keep buying and I will keep buying all the way up. I will buy Bitcoin even at a million dollars per coin, right? So, leave a thumbs up for that thousand likes would be absolutely beautiful. And um don't forget to u press the notification bell and watch the daily live streams as well uh by uh by CryptoKid and Champs Crypto on this channel. Make sure you watch them. In fact, if you want to watch the uh live stream later today, you can just click here and press the notification bell on this live stream because CryptoKit will go live later today uh with the latest news in crypto. very important to stay up to date with the news. So, click there. See you there.
Bye-bye.
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