BREAKING: GAUSSIAN CHANNEL ABOUT TO FLASH BLOODBATH SIGNAL
Summary
TLDRIn this cryptocurrency analysis video, the host warns of an impending 'bloodbath' signal for Bitcoin as it nears the 'quicksand' on the Gossian Channel, historically correlating with significant downturns. The script details past occurrences and emphasizes the importance of watching the RSI and market structure for clues on Bitcoin's future trajectory. The host also discusses the potential impact of the stochastic RSI and offers a free bonus video for subscribers on whether Bitcoin's value will decline further, advocating for a focus on facts over emotions and news.
Takeaways
- 📉 The script warns of an impending 'bloodbath' signal for Bitcoin based on the Gossian Channel analysis.
- 🔍 Historically, every time Bitcoin touched the 'quicksand' area in the Gossian Channel during a bull run, it resulted in a significant downturn lasting at least a year.
- 📊 The Gossian Channel has three lines: top, middle, and bottom, which act as key support and resistance levels for Bitcoin's price.
- 🚫 The speaker emphasizes the importance of focusing on facts and charts rather than news or other influencers' opinions when making trading decisions.
- 📈 The speaker suggests that the recent break in the RSI market structure after two years is a significant warning sign for Bitcoin's price.
- 🔑 The script mentions that the speaker has quit his job over 13 years ago and has been traveling the world thanks to his trading and investing skills.
- 🔄 The speaker highlights the importance of recognizing when a support level breaks and becomes resistance, and vice versa, in trading analysis.
- 📝 The script offers a special bonus video for the speaker's email list subscribers, discussing whether Bitcoin will go lower and providing analysis on the current market situation.
- 🔮 The speaker predicts that the upcoming weekly stochastic RSI could be a crucial factor in determining Bitcoin's future price direction.
- 👀 The speaker encourages viewers to watch the quicksand area closely, looking for 'bodies' (closed candles) within it as a confirmation of a downturn.
- 📈 The script emphasizes the need for Bitcoin to maintain its uptrend and the importance of watching for signs of resistance and potential bounces.
Q & A
What is the 'quicksand' signal on the gosan Channel and why is it significant for Bitcoin?
-The 'quicksand' signal on the gosan Channel refers to a situation where Bitcoin's price action falls into a specific area of the channel, historically leading to a significant and prolonged downturn. It is significant because, according to the script, every time Bitcoin has touched this 'quicksand' during a bull run, it has resulted in a substantial and sustained drop in value, lasting at least a year.
What historical patterns does the script mention regarding Bitcoin's price action and the 'quicksand'?
-The script mentions that in previous bull runs, such as in 2021, 2019, 2018, 2014, and 2011, Bitcoin experienced a parabolic rise and upon touching the 'quicksand', it was followed by a significant drop and a period of at least one year before recovering.
What does the script suggest about the relationship between the gosan Channel's green and red areas and Bitcoin's price action?
-The script suggests that the green area in the gosan Channel is positive for Bitcoin, while the red area is negative. When Bitcoin transitions from the green area to the red and gets rejected from the median line, it indicates a 'mega crash'.
What is the significance of the RSI (Relative Strength Index) and the broken market structure mentioned in the script?
-The RSI is a momentum indicator that measures the speed and change of price movements. The broken market structure after two years signifies a major shift in the market trend, indicating a potential reversal from bullish to bearish sentiment.
What advice does the speaker give regarding news consumption and emotional involvement in trading decisions?
-The speaker advises to avoid watching the news and not to be influenced by the emotions of others, including popular opinions on YouTube. Instead, he recommends focusing on the facts, removing outside noise, and making unemotional decisions based on the current market data.
What is the 'million-dollar question' the speaker mentions, and how can viewers get the answer?
-The 'million-dollar question' is whether Bitcoin's price will go lower. Viewers can get the answer by joining the speaker's email list and accessing a special bonus video that discusses this question in depth, which is available for free at crypto crew university's website.
What is the importance of the stochastic RSI and the two-month candle in the current Bitcoin market situation?
-The stochastic RSI and the two-month candle are important indicators of potential market direction. The speaker suggests that the stochastic RSI could save the day for Bitcoin by helping to avoid entering the 'quicksand' and maintaining an uptrend.
What does the speaker mean by 'bodies closing inside of the quicksand' and why is it significant?
-By 'bodies closing inside of the quicksand', the speaker refers to the closing prices of Bitcoin falling within the 'quicksand' area of the gosan Channel. This is significant because it indicates a confirmed trend into the negative territory of the channel, which historically has led to a prolonged downturn.
What is the speaker's view on the importance of focusing on facts rather than the crowd's opinion in trading?
-The speaker emphasizes the importance of focusing on facts and market data rather than the crowd's opinion, which often overreacts and follows the herd mentality. He suggests that going against the grain and focusing on the facts can lead to more accurate trading decisions.
What is the speaker's strategy for dealing with market volatility and making trading decisions?
-The speaker's strategy involves staying levelheaded, focusing on facts, removing emotional influences, and ignoring the news and outside opinions. He also stresses the importance of watching key technical indicators like the gosan Channel and RSI, and being prepared to act based on these indicators.
Outlines
📊 Bitcoin's Gausan Channel Warning
The speaker warns of an impending 'bloodbath' signal for Bitcoin, as indicated by the Gausan Channel. Historically, whenever Bitcoin touched the 'quicksand' area in the channel during a bull run, it resulted in a significant price drop lasting at least a year. The speaker emphasizes the importance of watching for the transition from green to red in the channel and a rejection from the median line, which historically has signaled a 'mega crash.' The video promises an in-depth analysis of these patterns and a special bonus video for the email list subscribers addressing whether Bitcoin's price will go lower.
📉 Gausan Channel's Historical Crash Predictions
This paragraph delves into the Gausan Channel's predictive history, showing how it has correctly forecasted major crashes when Bitcoin's price transitions from the green to the red area and is rejected by the median line. The speaker recounts past instances, including events in 2022, 2019, and earlier years, where such transitions led to substantial downturns. The importance of the Gausan Channel is highlighted, especially in a bear market, and the speaker urges viewers to stay informed about its current status, as it is nearing the 'quicksand' zone, which could lead to another significant price drop.
📈 RSI Analysis and Market Structure Break
The speaker discusses the significance of the Relative Strength Index (RSI) and its role in identifying market trends. They highlight a critical market structure that has been in place for two years and has recently been breached, which is a major warning sign for Bitcoin's current uptrend. The speaker advises viewers to watch the RSI closely, especially its interaction with a pivot high that has acted as support and is now likely to become strong resistance. The focus is on making unemotional, fact-based decisions and ignoring external noise, which has historically led to accurate market predictions.
🚨 Urgent Watch for Bitcoin's Technical Indicators
In the final paragraph, the speaker stresses the importance of closely monitoring Bitcoin's technical indicators, particularly the Gausan Channel's 'quicksand' and the RSI's interaction with resistance levels. They also mention the upcoming weekly stochastic RSI, which could potentially prevent a downturn. The speaker encourages viewers to join their email list for a special bonus video discussing whether Bitcoin's price will decline further, emphasizing the need to stay levelheaded and focused on facts rather than news or crowd sentiment.
Mindmap
Keywords
💡Bitcoin
💡Gossian Channel
💡Quicksand
💡Bull Run
💡Parabolic Rise
💡RSI (Relative Strength Index)
💡Support and Resistance
💡Mega Crash
💡Stochastic RSI
💡Pivot High
Highlights
Bitcoin is about to flash a significant signal on the gosan Channel, indicating a potential 'bloodbath'.
The gosan Channel has historically acted as a 'quicksand', with price action falling into it after bull runs, leading to at least a year of downturn.
Previous instances in 2021, 2019, 2018, 2014, and 2011 show a consistent pattern of Bitcoin falling into 'quicksand' and experiencing a significant drop.
The speaker emphasizes that the 'quicksand' effect has never resulted in a short-term dip but rather a prolonged period of decline.
A broken RSI structure after two years signals a major change in the market trend.
The speaker predicts a 'Mega crash' based on the historical pattern of the gosan Channel and RSI structure.
The gosan Channel's green and red areas represent periods of growth and decline, respectively.
The speaker provides a simple rule for predicting market crashes using the gosan Channel: a change from green to red and rejection from the median line signals a crash.
A special bonus video is offered to the speaker's email list subscribers, discussing whether Bitcoin's price will go lower.
The speaker's trading philosophy is based on focusing on facts, removing emotional influences, and ignoring external news and opinions.
The RSI's overbought and oversold levels are critical in identifying market turning points.
The breaking of a two-year RSI market structure is a significant warning sign for Bitcoin's future performance.
The speaker advises watching the quicksand with 'bodies' and the RSI's interaction with the pivot high as crucial indicators.
A weekly stochastic RSI crossover is identified as a potential saving factor for Bitcoin, possibly preventing a downturn.
The speaker encourages viewers to stay levelheaded, focus on the facts, and disregard the herd mentality.
The speaker's goal is to reach half a million subscribers by providing factual, sponsor-free content that goes against the mainstream narrative.
Transcripts
warning Bitcoin is about to flash an
absolute bloodbath of a signal on our
gosan Channel take a look our goian
Channel acts as quicksand and price
action is about to fall into quicksand
take a look at what's happened
previously when we were in a bull run
and fell into quicksand 2021 absolute
parabolic rise nowhere near quicksand
finally touched quicksand here we were
below quicksand for at least a year time
before that 2019 had an absolute
parabolic run in the midst of a bull run
touch quicksand we got sucked into the
quicksand for at least one year time
before that
2018 at an absolute parabolic rise
nowhere near quicksand come back down
touch quicksand and sucked Us in for at
least one year you can even go to the
time before that 2014 had an absolute
parabolic rise in our absolute Bull Run
nowhere near quicksand came down touched
quicksand for the first time it sucked
us under for at least one year and the
first time that we had this problem was
right here 2011 had an absolute
parabolic rise nowhere near quicksand
came back down touched quicksand for the
first time it sucked Us in for at least
one year it doesn't suck Us in for a
couple days it doesn't suck Us in for a
couple weeks it's been at least one year
and we are getting deadly close to
touching that quicksand and you know
what has happened prior and what has
happened every single time that we've
been in the midst of a bull run in touch
quicksand this is a bloodbath of a
signal in today's video we're going to
break it down pound for pound move for
move and look for these hidden clues
that are in the charts as to what is
about to happen next at the same time we
have this broken
structure after 2 years of holding this
structure in the RSI and just broke it
first time in 2 years there's a lot
going on we're going to uncover it and
at the end of the video I'm going to be
telling you what you should be doing
right now based on these facts let's get
into it the million dooll question
everyone is begging me for is will we go
lower so I'm dropping a special bonus
video on if I think we will go lower
it'll be completely free to everyone on
my email list if you're on my email list
go to your inbox the video is waiting
for you right now if you're not on my
email list you're completely missing out
join my email list right now to
immediately unlock this video completely
free Crypt crew university.com again
that's Crypt crew university.com go now
immediately unlock this video completely
free I'll see you on the inside hi I'm
I'm Steve I quit my job over 13 years
ago been traveling the world since
thanks to my trading and investing
skills join me for sponsorship free ta
with genuine value that actually works
subscribe here we are Bitcoin US dollar
Index and we are on the five day chart
the five-day chart gives us
foreshadowing for that Weekly chart and
we know that with this 5-day chart
there's been no false signal in 14 years
in bitcoin's history we've never had a
time where we were in a bull run and
touch quick sand and it didn't end up in
a deadly blood bath there's been zero
times every single time that we've been
in a bull run in touch quick sand it's a
blood bath at least one year of a blood
bath and we don't want one year of a
blood bath we want an uh the
continuation of our Bull Run so let's
dig into it now when you look at it the
gossing channel is very very simple we
have a green area which is really good
and we have a red area which is really
bad now when you look at the red area it
lasts for several hundred days as you
notice here in our charts in 2012 we had
this red period last for 133 days in
2015 we had this red period last for 406
days in 2019 we had 273 days of this red
period and our most recent 20 23 427
days of red luckily for us we've been
green since but is that about to change
when you look more deeply at the gausian
channel you'll notice there are three
distinct lines the Top Line the middle
line and the bottom line all of them act
as key support in resistance right the
median line or the middle line is our
key level for support when that's broken
it becomes pretty heavy resistance you
can see here when we're in the midst of
a bull run we dip our hoe into our toe
into quicksand it turns deadly but we're
still like finger clawing and trying to
gear towards this median line and hold
it as support which we managed to do but
as soon as we break that we hold it as
critical resistance and that is where we
have our Mega crash right every single
cycle we have correctly predicted the
mega crash and it's a simple rule with
the Goss Channel let me give you this
simple rule and you can take this and
use it for the rest of History tilt your
phone to the side and subscribe right
when we change from green to red and get
rejected from this median line that's
the absolute Mega crash now we haven't
changed from green to Red yet and we
didn't get rejected at this median line
yet but let me show you in history
because those of you who follow my
channel we called the mega crash here in
April 2022 when everyone thought we had
lost our head we were saying there's
about to be a mega crash and everyone
else was saying we're going to 100K and
you can see what happened after that but
it wasn't just here it's been every time
in history again changed from green to
Red projection from median Line Take a
Look our prior cycle changed from green
to Red rejection from this meaning line
Mega crash our Mega crash leads to our
ultimate bottom right you can see it
time and time again here change from
green to Red rejection from median line
Mega crash into our bottom the Mega
crash always leads to our bottom luckily
for us we have not changed from green to
red and we have not gotten rejected from
this meeting line but more to come on
that in a moment this goian Channel and
shout out to everybody who's been
following me for a while we've been
using the gausian channel religiously
for years and years and years now some
people may Wonder well Steve why haven't
we covered the gausian channel recently
well it's it's very very very strong in
a bare Market and the only time we're
going to use it in a bull market is when
we get close to the quicksand which
we're at right now so here we are we're
not going to cover the gossan channel
when we're way the hell up here in in an
absolute bull run right we're only going
to cover it when it gets noteworthy when
we're about to enter quicksand because
now you're well you're well informed of
what that quicksand delivers to bitcoin
it's a blood bath complete and utter
blood bath in the worst way POS possible
now again I need to State the obvious
here in how important this is we are
very very close to quicksand as you're
watching this video now again every time
that we've been in a bull run and fallen
into quicksand it was at least one year
recovery we can't look at any examples
in bitcoin's 14-year history where we
entered quicksand and we got out in a
couple weeks or a month there there are
no opportunities they're zero right so I
just need to State the obvious here here
and and everyone's question is like well
you know how much worse could this get
are we going to go lower well I did a
bonus video on that and you need to
unlock it and you can unlock it
instantly by going to crypto crew
university.com completely free so go
there check that video out I go into
more depth the million-dollar question
everyone is begging me for is will we go
lower so I'm dropping a special bonus
video on if I think we will go lower
it'll be completely free to every
everyone on my email list if you're on
my email list go to your inbox the video
is waiting for you right now if you're
not on my email list you're completely
missing out join my email list right now
to immediately unlock this video
completely free crypto crew
university.com again that's crypto crew
university.com go now immediately unlock
this video completely free I'll see you
on the inside but let's take a look back
at at this quicksand right the top of
this channel right we're looking at the
bottom of our Channel at about 40,000
we're looking at the median line about
47 and we're looking at the top about 52
again these are rising right this is a
rising Channel this is based on moving
averages so next week it's going to be
even higher the week after that it's
going to be in higher so we need Bitcoin
to turn a corner right now or things are
going to get very ugly now let me take a
minute to talk about the bottom of our
screen the RSI cuz this is incredibly
noteworthy I need to show you this so
when you look at it you can say okay we
had the bottom our Market here it's easy
to say that now everybody was saying
that I was completely crazy I said the
bottom of the market was that 15 16 17 I
beat everybody over the head for a few
months that they should be buying
Bitcoin at these levels that that the
bottom was in and everyone said there's
no way we're going to 10K 9k 8K 7K 6K
but this is what I had to say about that
topic roll the clip I really believe
based on the facts that it's much more
probable that the bottom is in and it's
not probable that we'll go to 10K so you
could see at that time it was absolutely
ludicrous to say that the bottom was in
the high high high majority of humans
completely disagreed with me in the
strongest way possible but you can see
what's happened right but also the same
is true at 73,000 at 73,000 I literally
said a big surprise crash was coming and
that people were going to be very
shocked at what was to happen and then
this played out so you can see you
always want to go against the grain
whenever everyone is chanting the same
thing it usually the opposite happens
it's so hard emotionally but luckily I
made all these mistakes already I got
into trading 1 hour 16 I made all these
ridiculous mistakes for a few years
before I finally woke up and I realized
how to play this game it's a tough game
but revolves around emotion and once you
can get your emotion in check and then
Focus just on the facts everything else
will take care of itself another thing I
do is I don't watch the news at all in
any way shape or form nor do I watch any
other human on YouTube there's a lot of
people I respect in the crypto space I
don't watch any of them with ta and as
soon as I got rid of all of those extra
videos a few years ago I've been
remarkably accurate because I don't have
any influence in what I'm thinking or
feeling or anything with the charts I
focus on pure facts and I focus on
what's in front of me and I don't let my
emotion get in the way whether it's good
bad or ugly and that will lead you in
the right direction right so whenever
we're going up or down or backwards or
forwards take a deep breath focus on the
facts remove the news remove all the
outside noise from everyone else and
just focus on pure facts unemotional and
make sound decisions following your
strategy what I just described sounds so
easy to do but I guarantee it will be
the hardest thing you can ever do and if
you can do that just one thing that I
just described you will literally be
ahead of 95% of people in crypto
literally watch what happens if you just
follow that tilt your phone to the side
and subscribe now let's get into this
RSI as we know RSI overbought oversold
goes from zero up to 100 what you can
notice about this is we had critical
Market structure for two years and we
just broke this critical Market
structure that we had for two years take
a look it started here June 2022 now
what was price doing in June 2022 that's
when we called bottom number one this is
when we called bottom number two this
went lower slightly but there was
ridiculously strong bullish Divergence
in other words we had price making a a
low here and a lower low here and we had
the RSI making making a low here and a
higher low here they went against each
other that's bullish Divergence we
covered it right here on the channel it
was one of the easiest things to spot
except the whole world was screaming
that we were going to go to 7K 6K 5K it
was just not not a possible scenario
where that would play as it wasn't
logical in the charts and the facts
right now at the same time as that first
bottom we started building this
beautiful Market structure right we had
our pivot low here we we had a higher
low here we had another higher low here
and we just breached it for the first
time you can see back in June 22 we
started this right and we had been
making a high and a higher high and a
higher high and a higher high and a
higher high and a higher high and a
higher high and a higher high the
highest high was here at that 88 level
which we covered on the on the weekly on
the weekly scale which was just
remarkably high and remarkably
overbought and everyone in their mother
and including Grandma Betty the leader
of the herd was screaming to buy more
Bitcoin at 73,000 and we said the
opposite why we focused on the facts we
removed emotion we didn't pay attention
to the news which is what I want you to
really get in this habit you know always
pump the brakes the herd is always
overreacting to everything every day
they're overreacting to something and
tomorrow they might overreact to
completely the opposite thing they have
no idea what they're doing throw them
right in the garbage focus on the facts
but what we have in front of us is a
huge warning sign plain and simple
there's no other way around it there's
no way to describe what's happened when
you break a market structure of 2 years
with multiple touch points again how do
you know if this is a valid line you
need to have at least three touch points
we have one right here we have two right
here we have three right here we have
four right here five right here six
right here we have six touch points we
want just three we have six touch points
and we have continuous higher highs and
we have continuous higher lows this is
called an uptrend by definition an
uptrend is higher highs and higher lows
and you want to have a line on the chart
with at least three touch points we have
all of that this is by definition an
uptrend and we just broke that what do
you think that means what's the opposite
of an uptrend right Bitcoin right now is
in trouble and Bitcoin needs to prove
that it can maintain this uptrend
although there's huge curveballs thrown
into the mix right I just wanted to
State the obvious here right when you
look at that that's major that's huge
that's incredibly noteworthy and it's
likely that that won't be discussed
nearly enough which is why I wanted to
bring it up to you now when you look at
it and you say okay I understand this we
broke this after 2 years incredibly
noteworthy I understand we're getting
very very close to this gosan channel to
quicksand now what we need for quicksand
is not a wick to come down in if you
look at what we've identified it's
bodies we need some bodies closing
inside of the quicksand here we had
bodies inside the quicksand 2019 here we
had bodies inside the quicksand 2018
here we had bodies inside the quicksand
2014 so we don't we don't care about a
little Wick dipping its toe in right we
want bodies and we don't care about
bodies in the middle of a week we care
about bodies of candles that actually
closed so keep that in mind as you're
watching the charts now let me explain
what I think you should be doing right
now number one I want you to watch this
chart like a hawk and watch the
quicksand with bodies number two I want
you to watch this RSI now keep in mind
we're on the 5-day chart right I want
you to watch this RSI and how it plays
with this pivot high now this is going
to be our resistance right it was our
support for two years whenever you break
support it becomes resistance whenever
you break resistance it becomes support
this is it's true for the history of any
chart on planet Earth earth right so we
broke support it's now a resistance so
look for a bounce in the coming weeks to
coming months and we're going to have to
deal with what is going to be remarkably
strong resistance this could be a huge
hidden clue of what's to come now when
will we see a bounce the other thing I
want you to watch is the weekly
stochastic R ey cross I want you to
watch that like a hawk because it's
scheduled to happen in July or August
just like clockwork every 6 months we
have one and that's the one thing that
could save the day for Bitcoin the one
thing that could help us not enter
quicksand the one thing that could help
us remain in an uptrend the one thing
that could save the day is quite
literally the stochastic RSI now it's
been a battle of the stochastic RSI
versus the two-month candle this is the
the storyline that we've had for three
or four months now it's been playing out
to the te right one of them is stronger
than the other I discuss it for free on
my email list so make sure you join my
email list because this week I'm
discussing quite literally the million
dooll question everyone is begging me
for will we go lower I cover it you can
unlock that video immediately by going
to Crypt cre university.com for free the
million dooll question everyone is
begging me for is will we go lower so
I'm dropping a special bonus video on if
I think we will go lower it'll be
completely free to everyone on my email
list if you're on my email list go to
your inbox the video is waiting for you
right now if you're not on my email list
you're completely missing out join my
email list right now to immediately
unlock this video completely free Crypt
crew university.com again that's crypto
crew university.com go now immediately
unlock this video completely free I'll
see you on the inside I'll see you on
the inside but that's what I want you to
watch stay levelheaded focus on the
facts get rid of the news and get rid of
everybody else focus on the facts the
rest will be history peace and love to
the fellow underdogs this bull run is
our road to half a million subscribers
but I need your help today tell one
person about our YouTube channel how we
spit facts go against the herd take no
paid sponsorships of any kind road to
Half A Millie let's go
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