BITCOIN: ALL IN!!!!!!!

Summary

In this Bitcoin analysis, the speaker discusses the current price movements and predicts that the market may be at the 'beginning of the end' of a bearish phase. They highlight a daily W pattern on the chart, suggesting a breakout could signal the start of a parabolic bull market phase. The speaker estimates a potential price target of around $67,200, which would set a new nominal all-time high. They advise viewers to wait for a daily candle close above $64,500 with significant volume before fully committing to the trend. The video also promotes a trading bonus offer for experienced traders.

Takeaways

• 📈 The speaker is discussing the current Bitcoin price and believes it might be the beginning of a significant upward trend.
• 🌟 The speaker has been predicting the current Bitcoin price movements on the mm crypto channel for some time.
• 📊 The speaker is analyzing the Bitcoin chart and mentions a 'daily W pattern' which they believe is crucial for the upcoming price action.
• 🚀 A breakout from the daily W pattern is seen as a signal for the start of the last parabolic phase of the bull market.
• 🎯 The price target for the breakout from the W pattern is around $67,200 USD, which would set a new nominal all-time high for Bitcoin.
• 💸 The speaker has a Bitcoin trade that is almost back to an all-time high in profit, with nearly 7.5 million USD in gains.
• 🔑 Breaking the $64,500 resistance level with volume support is key for the continuation of the upward trend.
• 🥂 If the price reaches around $73,000 with volume support on a weekly candle, it could trigger the last parabolic phase of the Bitcoin bull market.
• 📅 The speaker expects a potential 6 to 8-month long bull market phase if the current patterns and price levels are broken.
• 🔗 The speaker encourages viewers to engage with the video by commenting, sharing, and making noise for the algorithm.

Q & A

What is the current situation with Bitcoin according to the speaker?

The speaker indicates that Bitcoin is at a critical point that aligns with previous predictions made on the mm crypto channel. They suggest that this could be the beginning of a significant upward trend.

What does the speaker believe is unfolding in the Bitcoin chart?

The speaker sees a 'daily W pattern' unfolding in the Bitcoin chart, which they have been discussing for some time. They believe this pattern is significant for预示着 future price movements.

What is the potential significance of breaking out from the daily W pattern?

Breaking out from the daily W pattern is considered a requirement to initiate the last parabolic phase of the bull market, which the speaker anticipates will happen very soon.

What is the projected price target for the breakout from the W pattern?

The speaker mentions a price target of around $67,200 USD for the breakout from the W pattern, which would nominally set a new all-time high for Bitcoin.

What is the importance of breaking the $64,500 resistance level?

Breaking the $64,500 resistance level is crucial as it is associated with the horizontal resistance of the W pattern. It is also linked to the potential breaking of the cup and handle pattern on the monthly candles, which could signal the start of the last parabolic phase of the Bitcoin bull market.

What is the speaker's expectation for the Bitcoin market after the breakout?

The speaker expects another six to eight months of a parabolic bull market after the breakout, once certain requirements are met.

What advice does the speaker give regarding trading actions?

The speaker advises not to go all in before the daily candle closes with significant volume above $64,500, indicating a cautious approach until the breakout is confirmed.

What is the speaker's view on the current profit from their Bitcoin trade?

The speaker is almost back at an all-time high in profit from their Bitcoin trade, with almost 7.5 million USD in profit, which they find remarkable given recent market movements.

How does the speaker engage with their audience on social media?

The speaker encourages audience engagement by asking for likes, comments, shares, and noise for the algorithm. They also express a willingness to respond to comments and like shares if they see them on platforms like Telegram or Twitter.

What promotional offer does the speaker mention at the end of the script?

The speaker mentions a promotional offer for a $30,000 bonus on a trading platform, which requires registration, deposit, and can be availed by clicking a link provided in the script.

What is the speaker's final message to their audience?

The speaker thanks the audience for watching and hints at more updates to come, signing off with a casual farewell.