🚨 BITCOIN: FU*KING UNTHINKABLE BLACKROCK KNOWS EXACTLY.....

Summary

In this video, the speaker discusses the latest developments in the cryptocurrency market, focusing on Bitcoin’s recent price fluctuations, Ethereum’s rise, and the impact of institutional investments. They emphasize a strategic approach to trading, advising viewers to take profits during euphoric moments and dollar-cost average during downturns. Highlighting key events like BlackRock’s Ethereum investment and political developments involving Dogecoin, the speaker offers insights into the growing mainstream acceptance of crypto. They encourage viewers to engage by liking the video, commenting, and joining their Discord for exclusive trading updates and strategies.

Takeaways

• 😀 Bitcoin's price is currently at $87,000, with recent fluctuations showing opportunities for altcoins and potential support zones between $81,000 to $85,000.
• 😀 The speaker emphasizes securing profits during market euphoric phases, having already taken profits even as Bitcoin continues to rise.
• 😀 Liquidations in the crypto market are high, with nearly $1 billion of long liquidations in just 24 hours due to Bitcoin's price drop of 4%.
• 😀 The speaker advocates for a strategy of buying when the market is fearful and selling when the market is euphoric, leveraging DCA (Dollar Cost Averaging).
• 😀 Ethereum's value is rising, currently at $3,255, with significant investment from BlackRock, highlighting a strong interest in Ethereum despite initial market skepticism.
• 😀 The speaker believes Ethereum's potential is still strong, expecting it to reach or exceed its previous all-time high of $4,000.
• 😀 Trading advice includes starting with low leverage in volatile markets and avoiding chasing euphoric price moves, which can lead to losses.
• 😀 Bitcoin has recently flipped silver in market capitalization and is now targeting gold, as a potential next goal in its bullish trajectory.
• 😀 The video highlights a dramatic political and financial shift, including Donald Trump and Elon Musk's involvement in Dogecoin, signaling changing dynamics in government and crypto.
• 😀 The speaker mentions Italy's potential tax policy change, where the country may reject a 42% tax on Bitcoin, signaling growing global acceptance of crypto.
• 😀 Despite the ongoing bullish trends, the speaker warns about potential short-term volatility and advises traders to stay prepared for market corrections, using pullbacks as opportunities to buy.

Q & A

What is the current price of Bitcoin mentioned in the video?

Bitcoin is currently priced at $87,000 according to the video.

What is the significance of the dip to $85,000 for Bitcoin?

The dip to $85,000 provided an opportunity for altcoins and traders to potentially enter the market, though it is also part of the natural volatility seen during a parabolic run.

Why is it important to watch the $81,000 to $85,000 support zone for Bitcoin?

This support zone is crucial because it may act as a level of resistance during a pullback, and if it holds, it could help prevent further downside movement in Bitcoin's price.

What trading strategy is the content creator using during market euphoria?

The content creator uses a strategy of taking profits during euphoric market moments, even when the market could continue to rise, to secure gains and minimize risk.

What happened in the past 24 hours related to Bitcoin leverage and liquidations?

In the past 24 hours, $838 million in long liquidations occurred, highlighting the risks of using leverage when the market pulls back even slightly.

What advice does the content creator give about using leverage in crypto trading?

The advice is to start with low leverage, avoid chasing the market in the heat of the moment, and to scale up cautiously, as volatility can quickly lead to significant losses.

What recent investment did BlackRock make in Ethereum, and why is it important?

BlackRock purchased $100 million worth of Ethereum, which is significant because it shows institutional interest in Ethereum, especially as the cryptocurrency market continues to evolve.

What is the content creator’s opinion on Ethereum’s future price potential?

The content creator believes Ethereum has a long way to go and could reach its previous all-time high of $4,000, providing significant gains for those who positioned themselves earlier at lower prices.

How does the content creator approach buying and selling in the market?

The content creator uses a dollar-cost averaging (DCA) strategy, buying when the market is scared and selling during euphoric times, which helps mitigate the risks of market volatility.

What political developments related to crypto are mentioned in the video?

The video mentions Italy's decision to reject a 42% tax on Bitcoin and crypto, as well as Donald Trump appointing Elon Musk to a government role with a focus on Dogecoin, which could have significant implications for crypto adoption.