HUGE WARNING FOR BITCOIN TRADERS !!!
Summary
TLDRIn 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
- π The speaker is optimistic about Bitcoin's potential to make millions in the current bull market.
- π The speaker is currently in Dubai and expresses a fondness for the city.
- π Bitcoin is in a 'bull flag' pattern which has been forming since March 2024, starting in October 2023.
- π© The bull flag pattern is considered significant due to its long duration, suggesting a powerful market movement.
- β οΈ There are two potential negative signs: a gap at $55,400 and a rising wedge formation on the CME Futures chart.
- π The speaker warns of a possible breakdown in Bitcoin's price, filling the gap and then potentially climbing higher.
- πΈ An opportunity for shorting Bitcoin is presented if the price breaks down.
- π¨βπ« A tutorial is recommended for learning how to short Bitcoin and participate in the Buybit affiliate program.
- π° The speaker believes Bitcoin will reach $100,000, possibly by Q1 or Q2 of the next year.
- π 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
π 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.
π€ 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.
Mindmap
Keywords
π‘Bitcoin
π‘Bull Market
π‘Bull Flag
π‘Ranging
π‘CME Futures
π‘Gap
π‘Rising Wedge
π‘Shorting
π‘Tutorial
π‘Affiliate Program
π‘Accumulate
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
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