JETZT!!! AUF DIESES BITCOIN BREAKOUT HABE ICH GEWARTET! [ERST schauen, DANN Handeln!]

Summary

In this video, Natalie discusses a major Bitcoin breakout and its potential to reach $95,000, analyzing the market's performance, including trends in Bitcoin and gold. She covers Trump's recent remarks, the US-China trade war, and the impact on global economics. Natalie also highlights key technical indicators, such as the RSI, and how Bitcoin might perform compared to gold in the coming months. With insights into market movements, she provides a cautious but optimistic outlook for Bitcoin's price trajectory and invites viewers to engage with her trading community for potential gains.

Takeaways

• 😀 Bitcoin is currently experiencing a significant breakout, with potential to reach $95,000 if the momentum continues.
• 😀 There is uncertainty about whether the current pump can be trusted, as the market is coming out of the Easter weekend.
• 😀 The majority of the top 100 cryptocurrencies are performing well, which adds positivity to the market during the holiday.
• 😀 Trump’s comments on trade with China and the ongoing trade war have impacted the market, causing significant reactions in commodities like gold.
• 😀 Gold has hit an all-time high price of over $400, which is influencing market dynamics and causing significant inflows into gold.
• 😀 The DXY (Dollar Index) is showing signs of a downturn, which could further support Bitcoin's breakout if it continues.
• 😀 Bitcoin's performance has improved, especially after breaking through key trendlines, and has been bolstered by positive momentum from the RSI (Relative Strength Index).
• 😀 The correlation between Bitcoin and gold has been notable, with Bitcoin often catching up to gold’s movements, but now there are signs Bitcoin may outperform gold.
• 😀 Bitcoin's limited supply and the upcoming halvings could drive scarcity, which may push the price higher over time, unlike gold where more resources are being discovered.
• 😀 The Chinese market seems to be increasingly investing in Bitcoin, as shown by rising performance during Asia market sessions over the weekend.
• 😀 There is a key resistance level for Bitcoin at $93,500, and if this is broken, a potential rally to $95,700 to $98,900 could occur. However, a bounce from the DXY's trendline might delay this breakout.

Q & A

What is the current Bitcoin breakout and why is it important?

The Bitcoin breakout is considered significant because it has reached a crucial confirmation point that could potentially push Bitcoin to $95,000. This breakout is important for traders and investors as it indicates a potential upward trend in Bitcoin's price, which could be driven by broader market conditions and recent technical indicators.

What impact could the trade tensions between the US and China have on the crypto market?

The trade tensions between the US and China could lead to increased market volatility, which may drive more investors towards assets like Bitcoin and gold as a hedge. If the US-China trade war escalates, it could put further pressure on traditional markets, which could, in turn, push people towards cryptocurrencies like Bitcoin.

How has the US dollar index (DXY) been behaving, and how does this affect Bitcoin?

The DXY (US Dollar Index) has been showing signs of weakness, potentially breaking downward, which could provide support for Bitcoin. A weaker dollar typically makes Bitcoin more attractive as a store of value, potentially leading to higher Bitcoin prices.

What is the significance of the Weekly RSI (Relative Strength Index) breakout for Bitcoin?

The Weekly RSI breakout is significant because it confirms that Bitcoin has moved into a stronger bullish momentum. A breakout above the 50% level on the RSI is considered a positive indicator for future price increases, suggesting that Bitcoin could continue to rise in the coming weeks.

Why is the relationship between Bitcoin and gold important in the current market?

The relationship between Bitcoin and gold is important because they are both viewed as stores of value. Historically, gold has often led the way before Bitcoin catches up. Currently, both assets are moving upward, but Bitcoin's limited supply and unique characteristics make it a potentially more attractive investment compared to gold in the long term.

What makes Bitcoin more valuable than gold according to the video?

Bitcoin is considered more valuable than gold because its supply is limited and cannot be increased, unlike gold, which continues to be mined. The finite supply of Bitcoin, along with its deflationary properties (due to halving events), makes it an attractive asset for investors looking for scarcity-driven value growth.

What role do China's investments in Bitcoin and gold play in the market?

China's increasing investment in both Bitcoin and gold signals that the country may be positioning itself to hedge against inflation and economic uncertainty. The rise in Bitcoin's performance during the Asian market sessions suggests that Chinese investors are becoming more active in the cryptocurrency space.

What resistance levels are crucial for Bitcoin's price movement?

Two key resistance levels are mentioned for Bitcoin: $93,500 and the range between $95,700 and $98,900. Breaking these levels could trigger a significant price rally, but Bitcoin must first overcome the $88,000 resistance level before it can push higher.

What is the MT Money Supply chart, and how does it relate to Bitcoin's potential price movements?

The MT Money Supply chart suggests that Bitcoin may have already completed its bottoming process, indicating that the cryptocurrency could be on the verge of a significant upward move. This chart provides a long-term view of Bitcoin's market behavior and is used to predict potential price changes based on broader economic trends.

What trading strategy does the video recommend for Bitcoin investors?

The recommended strategy is to trade Bitcoin from level to level, focusing on key support and resistance levels. The approach involves carefully monitoring Bitcoin's price action and being prepared to adapt to changing market conditions, particularly around significant breakout points.