HUGE WARNING FOR BITCOIN TRADERS !!!

Summary

In this video, the speaker discusses the potential of Bitcoin in the current bull market, suggesting viewers could make millions if they follow his advice. He highlights a long-term bull flag pattern since March 2024, indicating a significant price rise. Despite noting a gap at $55,400 and a rising wedge, which could signal a downturn, he remains bullish, with a target of $100,000 for Bitcoin. He also promotes a tutorial on his channel for maximizing profits in crypto trading and encourages viewers to accumulate Bitcoin before prices surge.

Takeaways

• 📈 The speaker is optimistic about Bitcoin's potential to make millions in the current bull market.
• 🌐 The speaker is currently in Dubai and expresses a fondness for the city.
• 📉 Bitcoin is in a 'bull flag' pattern which has been forming since March 2024, starting in October 2023.
• 🚩 The bull flag pattern is considered significant due to its long duration, suggesting a powerful market movement.
• ⚠️ There are two potential negative signs: a gap at $55,400 and a rising wedge formation on the CME Futures chart.
• 📉 The speaker warns of a possible breakdown in Bitcoin's price, filling the gap and then potentially climbing higher.
• 💸 An opportunity for shorting Bitcoin is presented if the price breaks down.
• 👨‍🏫 A tutorial is recommended for learning how to short Bitcoin and participate in the Buybit affiliate program.
• 💰 The speaker believes Bitcoin will reach $100,000, possibly by Q1 or Q2 of the next year.
• 🌟 A final reminder to accumulate Bitcoin is given, with the speaker stating they have invested all their money in it.

Q & A

What is the main topic of the video?

The main topic of the video is Bitcoin and the potential for significant financial gains in the current bull market.

Why does the speaker love Dubai?

The speaker loves Dubai because they consider it the best place in the world and describe it as a very nice place.

What is a 'bull flag' in the context of the video?

A 'bull flag' is a technical analysis chart pattern that signals a continuation of an upward trend in the price of an asset like Bitcoin.

Since when has Bitcoin been in the bull flag pattern mentioned in the video?

Bitcoin has been in the bull flag pattern since March of 2024, which began in October of 2023.

Why are longer ranging patterns considered more significant?

Longer ranging patterns are considered more significant because they typically indicate a more powerful and reliable trend continuation.

What are the two 'bad signs' mentioned in the video regarding the Bitcoin chart?

The two 'bad signs' mentioned are a gap in the CME Futures chart at $55,400 and a rising wedge formation, which could signal a potential breakdown in Bitcoin's price.

What is the potential opportunity if the Bitcoin price breaks down?

If the Bitcoin price breaks down, it presents an opportunity to potentially short Bitcoin and make money from the price decline.

What is the speaker's current position on Bitcoin?

The speaker is currently long on Bitcoin, meaning they are holding Bitcoin with the expectation that its price will rise.

What is the target price for Bitcoin out of the bull flag pattern?

The target price for Bitcoin out of the bull flag pattern is $100,000.

When does the speaker believe Bitcoin will reach the target price?

The speaker believes Bitcoin will reach the target price of $100,000 very soon, possibly before the end of the year, but more likely by Q1 or Q2 of the next year.

What does the speaker recommend viewers do regarding Bitcoin?

The speaker recommends viewers accumulate Bitcoin now while it is still below $100,000, as they believe it will be above that price in a year.

What is the tutorial mentioned in the video about?

The tutorial mentioned in the video is a 2-hour long guide on how to check crypto and buy Bitcoin in 2024, covering topics such as using an app, withdrawing bonuses, and joining an affiliate program.

Outlines

00:00

📈 Bitcoin Bull Market Analysis and Potential Profit

The speaker begins by expressing excitement about the potential of Bitcoin in the current bull market, suggesting that viewers could make millions if they follow the speaker's lead. The video is set in Dubai, which the speaker highly praises. The main topic is Bitcoin's price action, which is described as being in a 'bull flag' pattern that started in October 2023 and has been ranging since March 2024. This pattern is considered positive as longer patterns are usually more significant. The speaker warns of two potential negative signs: a gap in the CME Futures chart at $55,400 and a rising wedge formation, which could indicate a price breakdown. However, the speaker views this as an opportunity for shorting Bitcoin. The speaker also promotes a tutorial on their channel about buying Bitcoin and earning bonuses, suggesting that viewers should accumulate Bitcoin while it's still below $100,000, as they believe it will rise significantly in the future.

05:02

💤 Sleep Soundly With Bitcoin Investment

In the second paragraph, the speaker encourages viewers to invest in Bitcoin, stating that they have put all their money into it and sleep soundly at night. They urge viewers to watch a tutorial video provided in the video description or through a clickable card on the end screen. The speaker emphasizes the importance of buying Bitcoin and accumulating it, suggesting that those who don't will regret it in the future. The paragraph ends with a casual farewell, inviting viewers to the tutorial and promising to see them there.

Keywords

💡Bitcoin

Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. In the video, Bitcoin is the central topic, with the speaker discussing its potential for significant gains in a bull market, indicating its relevance to the financial and investment themes of the video.

💡Bull Market

A bull market is a financial market condition in which prices are rising or are expected to rise. In the context of the video, the bull market refers to a period where Bitcoin's value is anticipated to increase significantly, which is why the speaker encourages viewers to pay attention and consider investing.

💡Bull Flag

A bull flag is a continuation pattern in technical analysis that indicates a short-term trend pause, typically occurring in an uptrend. In the video, the bull flag is described as 'beautiful' and signals to the speaker that Bitcoin's price is likely to continue its upward trajectory after a period of consolidation.

💡Ranging

Ranging refers to a market condition where prices move within a certain range without a clear upward or downward trend. The video mentions that Bitcoin has been in a bull flag pattern for a long time, indicating a period of ranging that could lead to a significant price movement.

💡CME Futures

CME Futures refers to futures contracts traded on the Chicago Mercantile Exchange, which is one of the world's largest derivatives exchanges. In the video, the speaker uses the CME Futures chart to analyze Bitcoin's price action, highlighting the importance of this financial instrument in predicting future price movements.

💡Gap

In finance, a gap refers to a price jump that occurs when the price of a security moves to a higher level without trading in between the two levels. The video mentions a gap at $55,400, which is a potential price level that Bitcoin might revisit, indicating a possible price target or level of interest.

💡Rising Wedge

A rising wedge is a bullish chart pattern that forms during a rally. It is characterized by two converging trendlines that slope upward. The video warns of a rising wedge forming on the CME chart, suggesting that although it appears bullish, it could also signal a potential breakdown in price.

💡Shorting

Shorting, or short selling, is the practice of selling a security that one does not own, with the hope of buying it back at a lower price to make a profit. The speaker mentions the potential to short Bitcoin if it breaks down, indicating a strategy to profit from a decrease in its price.

💡Tutorial

A tutorial in this context refers to an instructional video or guide designed to educate viewers on a particular subject. The video mentions a tutorial on how to check crypto and buy Bitcoin in 2024, suggesting that the speaker is offering educational content to help viewers navigate the cryptocurrency market.

💡Affiliate Program

An affiliate program is a type of performance-based marketing where businesses reward affiliates for each customer brought by the affiliate's own marketing efforts. The speaker mentions a BuyBit affiliate program, indicating a way for viewers to earn bonuses or commissions by promoting the platform.

💡Accumulate

To accumulate means to gather or collect over time. In the context of the video, accumulating Bitcoin refers to the strategy of buying and holding the cryptocurrency, with the expectation that its value will increase over time. The speaker encourages viewers to accumulate Bitcoin while it is still below $100,000.

Highlights

Bitcoin is in a bull market with the potential to make millions of dollars.

The presenter is in Dubai and considers it the best place in the world.

Bitcoin has been in a bull flag pattern since March 2024.

The bull flag pattern started in October 2023.

Longer bull flag patterns are typically more powerful and significant.

The presenter trusts the bull flag pattern on the bigger time frame.

There are two bad signs in the chart: a gap down at $55,400 and a rising wedge forming.

The presenter suggests that a breakdown could be an opportunity to short Bitcoin.

The presenter is currently long on Bitcoin and not shorting.

A tutorial on how to short Bitcoin is available.

The presenter offers a $50,000 bonus for signing up through their link.

The tutorial covers how to withdraw bonuses and join the BuyBit affiliate program.

The presenter remains bullish on Bitcoin in the long term.

The target price for Bitcoin out of the bull flag is $100,000.

The presenter believes Bitcoin will reach $100,000 by Q1 or Q2 of the next year.

The presenter advises accumulating Bitcoin before the bull market.

The presenter suggests that in one year, Bitcoin will be above $100,000.

The presenter encourages viewers to buy as much Bitcoin as they can.

A comprehensive tutorial on how to check crypto and buy Bitcoin in 2024 is available.

Transcripts

in this video I want to talk about

Bitcoin and the fact that something is

brewing something is going on and you

need to pay attention because you can

make millions of dollars in this bull

market if you do what I am doing right

now so yeah anyways I'm back in Dubai I

love Dubai guys it is honestly the best

place in the world such a nice place

come to Dubai that's very important but

anyways that's off topic what is on

topic is that Bitcoin is still in this

beautiful bull flag which is now

ranging um very long time like it's been

it's been ever since um ever since March

of 2024 we've been in this bull flag and

the bull flag was starting uh back here

the flag back in October of 20 uh 2023

so this is a very long ranging uh

pattern which is good because the longer

the pattern form

the more powerful and the more

significant usually they are you know a

pattern on the 5 minute time frame

they're more volatile and more a little

bit more risky let's say but on the

bigger time frame I really feel like we

can trust that this will play out

because I mean look at this it's um it's

a beautiful beautiful BL flag and I will

refresh your memory about the target I

usually Target it all the way back from

there I will show you the Target in just

one second but before I do that I want

to talk about the um the bad signs so we

have two bad signs in the chart before I

talk about the the good things so this

is the CME Futures chart so we will have

some gaps and you can see that we do

have a gap down there this Gap is down

at

$554,000 so unfortunately we have to be

mindful that there is a gap there um

that's just a fact um and in combination

with that we also have a rising wedge

right now

forming um on this CME chart which is

also over in the normal chart so yeah

like we have to be careful because this

could easily break down like this we go

down fill the Gap and then we could

potentially climb higher again but this

is a great opportunity to potentially

short if we do see this break down

personally I'm not shorting right now I

am long right now um as you guys know

but if we do break down here then that's

going to be a fantastic opportunity to

make a a short position because as you

guys know when Bitcoin is breaking down

we can make money when it goes down and

then we can make money when it goes up

again and guys if you haven't seen this

video my buit tutorial it's a 2hour long

tutorial go check it out it's over on my

channel um you will find it on my

channel it's called how to check crypto

and buybit in

2024 uh 2 hour long so I go through the

app I go through how to withdraw the

bonus how to join the buybit affiliate

program all of these things and if you

sign up with my link either through the

tutorial or down below this video um you

actually will get uh a $50,000 bonus or

up to 50,000 and if you want to get

another bonus uh you can go to this

tutorial and you can go to here how to

get the buyit bonus I will literally

explain everything in this tutorial how

to get that bonus go check honestly if

you haven't seen this long tutorial go

check it out right now you don't have to

watch it in one go you can watch it over

a few days that's also fine obviously

all right so we could break down here

that is of course a uh a risk if you

don't know how to short Bitcoin you can

learn that in that tutorial but I still

uh remain very bullish on the bigger

time frame so even though in the small

time frame we could go down a little bit

like this I still believe we're going to

go up like this um and let me show you

now the target out of this um bu flag it

is calculated as

such and that gives us a target

of

$100,000 guys

$100,000 this will happen very very very

soon I think we could see it before the

end of the year but more likely I would

say this is going to happen by um q1 or

Q2 next year that is what I firmly

believe so that's why I put all my money

in Bitcoin and this is going to be my

basically like final reminder before the

bull market accumulate Bitcoin if you

haven't accumulated Bitcoin already now

is your chance we're still below

$100,000 in one year from now you're

going to wake up and Bitcoin is going to

be above 100,000 you're going to think

oh wow I should have listened to Carl

when he told me that I should buy

Bitcoin guys if you haven't bought more

Bitcoin than you possibly

can it's up to you guys it's up to you

if you can sleep at night I put all my

money in Bitcoin that's how I sleep at

night so yeah it's really up to you guys

but um if you haven't seen that tutorial

you can click it actually right here

right now I'm going to make it easy for

you click this card this end screen

watch the byit tutorial leave a like see

you over there bye-bye