Bitcoin Update: Is This a Trap?!?!

Suen (The Art of Crypto)
1 Aug 202415:09

Summary

TLDRIn this market update video, the host dissects potential Bitcoin movements, offering specific entry points, stop losses, and targets for trades. They discuss the altcoin market's lack of similar growth despite Bitcoin's recovery, emphasizing the importance of counter-trading headlines and recognizing market patterns. The video also explores Ethereum's market behavior post-ETF, suggesting a potential price surge, and touches on Bitcoin dominance patterns, hinting at future altcoin opportunities.

Takeaways

  • ๐Ÿ“ˆ The video discusses potential future movements in Bitcoin and the possibility of a trade opportunity based on market analysis.
  • ๐Ÿ” The presenter references a post by Miles Deutscher, emphasizing the tendency of markets to top out at good news and bottom at bad news, advising counter-trading to headlines.
  • ๐Ÿ“Š The analysis includes a macro perspective on Bitcoin, noting a Range High and Range Low, and suggesting current market conditions may indicate a reversal pattern.
  • ๐Ÿ“‰ The video mentions the pre-calculation of news releases by market makers, suggesting these are timed to manipulate market liquidity for their benefit.
  • ๐Ÿ›‘ The presenter outlines a trading pattern known as a 'broken base', where liquidity is swept and market structure is broken, followed by a retest and potential entry point for a trade.
  • ๐Ÿ’ฐ The presenter's plan for Bitcoin involves a retracement and continuation of the upward trend, with specific price points identified as potential entry and stop loss levels.
  • ๐Ÿšซ A caution is given against trading during uncertain market conditions, advising to wait for clearer signals or better market setups.
  • ๐Ÿ‘€ The video also covers Ethereum, suggesting it may follow a similar pattern to Bitcoin but with specific price points and historical trends to watch for potential support.
  • ๐Ÿ“Š Bitcoin dominance is discussed, with the presenter suggesting that a drop in dominance could lead to significant gains for altcoins.
  • ๐Ÿ“‰ The presenter predicts that altcoins may continue to underperform in the short term but could experience substantial growth once Bitcoin dominance decreases.
  • ๐Ÿ”ฎ The video concludes with advice for both short-term traders and long-term investors, highlighting the importance of timing and market conditions for potential gains.

Q & A

  • What is the main topic of the video?

    -The main topic of the video is a market update focusing on the potential future movements of Bitcoin and Ethereum, as well as the broader altcoin market.

  • What is the presenter's view on the market's reaction to news?

    -The presenter believes that the market tends to top out at good news and bottom out at bad news, advising viewers to counter-trade the headlines in crypto.

  • According to the presenter, why should traders be cautious about trading during the first quarter of a candle?

    -The presenter suggests that the first quarter of a candle is the hardest to trade because it represents an opening range where the market direction is uncertain, making it a risky period for trades.

  • What trading strategy does the presenter suggest for Bitcoin?

    -The presenter suggests a reversal trading pattern, looking for a broken base setup where liquidity is swept, market structure is broken, and there is a retest and bounce.

  • What is the presenter's entry point and stop loss strategy for Bitcoin?

    -The entry point is at the broken base after a retest, with a stop loss set at the liquidity point sweep. If Bitcoin goes below certain levels like 57k or 56.5k, it invalidates the setup.

  • What is the presenter's outlook for Ethereum after the Ethereum ETF release?

    -The presenter expects Ethereum to follow a similar trend to Bitcoin after its ETF release, with an initial drop followed by a parabolic rise, potentially reaching 5K.

  • What is the significance of the 'broken base' pattern mentioned by the presenter?

    -A 'broken base' pattern signifies a high-probability entry point in trading, where there is a clear break in market structure followed by a retest and bounce, indicating a potential reversal in the market trend.

  • What advice does the presenter give for traders who are unsure about their trades?

    -The presenter advises traders who are unsure about their trades to sit on their hands and wait for better market conditions, emphasizing the importance of avoiding bad trades and setups.

  • How does the presenter analyze the potential movement of altcoins in relation to Bitcoin?

    -The presenter analyzes the potential movement of altcoins by looking at Bitcoin dominance, expecting a shift from Bitcoin to altcoins once Bitcoin dominance starts to drop.

  • What is the presenter's view on the importance of counter-trading the news in the crypto market?

    -The presenter views counter-trading the news as one of the most effective methods to make money in crypto, as it takes advantage of the market's tendency to react oppositely to news headlines.

Outlines

00:00

๐Ÿ“ˆ Bitcoin Market Analysis and Trading Strategy

The speaker begins by discussing the potential future movements of Bitcoin, focusing on the importance of understanding market trends and potential trade opportunities. They provide specific entry points, stop losses, and targets for trading Bitcoin. The analysis includes a macro perspective on Bitcoin's price range, highlighting the impact of news on market tops and bottoms, and the importance of counter-trading headlines. The speaker also introduces a reversal trading pattern known as a 'broken base' and discusses the significance of liquidity and market structure in predicting price movements. They conclude with a strategy for Bitcoin, suggesting a retracement continuation pattern and a potential entry point around $59k, with a stop loss below $57k.

05:00

๐Ÿš€ Advanced Trading Techniques and Ethereum Outlook

The speaker delves into advanced trading techniques, emphasizing the value of high-quality confirmation criteria in trading decisions. They discuss the concept of 'broken base' patterns with double confirmation as a strong indicator for trend continuation. The speaker also provides a detailed analysis of Bitcoin's potential to reach $100K once it breaks out of its current range, offering specific profit-taking levels. Additionally, they touch on the difficulty of trading during the first quarter of any time frame and advise patience in waiting for better market conditions. The speaker then shifts focus to Ethereum, discussing its current market position, potential support levels, and the impact of the Ethereum ETF on its price.

10:01

๐Ÿ’ก Market Insights on Bitcoin Dominance and Altcoins

The speaker provides insights into Bitcoin dominance and its correlation with the overall crypto market, highlighting historical patterns and potential future trends. They discuss the possibility of Bitcoin dominance decreasing, which historically has led to significant gains in altcoins. The speaker identifies key resistance levels for Bitcoin dominance and suggests that a drop could signal a bullish period for altcoins. They also address the current state of altcoins in relation to Bitcoin's performance, offering a strategic approach for short-term and long-term investors, and encouraging viewers to look for altcoins that may outperform the market despite current conditions.

15:02

๐Ÿ”” Final Thoughts and Call to Action

In the concluding paragraph, the speaker summarizes their outlook on the crypto market, reiterating the potential for altcoins to experience significant growth following a period of Bitcoin dominance. They invite viewers to subscribe to the channel for more market predictions and to like the video. The speaker also encourages viewers to join their private Discord for access to trade entries and exclusive market insights, offering a direct link in the video description for interested individuals.

Mindmap

Keywords

๐Ÿ’กMarket Update

A market update refers to a current analysis or report on the status and trends of a market, often providing insights into what might happen next. In the context of this video, the term is used to introduce the viewer to the latest developments in the cryptocurrency market, specifically focusing on Bitcoin and Ethereum. The script discusses potential future movements and trade opportunities based on current market conditions.

๐Ÿ’กBitcoin

Bitcoin is a decentralized digital currency that operates on a peer-to-peer network without the need for intermediaries. It is often considered the first and most well-known cryptocurrency. In the video, Bitcoin is the primary subject of analysis, with the speaker discussing its price movements, potential trade setups, and how it compares to other cryptocurrencies or 'altcoins'.

๐Ÿ’กEntry, Stop Loss, and Targets

These terms are fundamental in trading and refer to the price at which a trade is initiated (entry), the price at which a trade is closed to prevent further losses (stop loss), and the price at which a trade is closed to secure profits (targets). The video script mentions these as part of the trading strategy for Bitcoin, indicating specific price points for entering trades and managing risk.

๐Ÿ’กAltcoin

Altcoin is a term used to describe any cryptocurrency other than Bitcoin. The script discusses the performance of altcoins in comparison to Bitcoin, noting that while Bitcoin has seen significant gains, the altcoin market has not responded in the same way, indicating a potential disparity in market movement.

๐Ÿ’กLiquidity

In financial markets, liquidity refers to the ease with which an asset can be bought or sold without affecting its price. The script mentions 'sweeping liquidity' as a situation where a large amount of an asset is bought or sold quickly, which can lead to significant price movements. The speaker uses this concept to analyze market structure and predict potential reversals.

๐Ÿ’กReversal Pattern

A reversal pattern in technical analysis is a change in the direction of a trend. The video discusses a specific reversal pattern known as a 'broken base,' where a market breaks through a support or resistance level and then retests it before moving in the opposite direction. This pattern is used to identify potential trade opportunities.

๐Ÿ’กMarket Structure

Market structure refers to the arrangement of price levels and trends within a market. It is used by traders to identify key support and resistance levels, as well as to predict potential price movements. The script uses the term to describe the current state of the Bitcoin market and to predict future trends based on past price action.

๐Ÿ’กCounter Trend Trading

Counter trend trading is a strategy where a trader takes positions opposite to the prevailing trend, typically in anticipation of a reversal. The video script suggests using this strategy in the cryptocurrency market, especially when news events coincide with market tops or bottoms, as a way to profit from anticipated trend reversals.

๐Ÿ’กRisk-Reward Ratio

The risk-reward ratio is a comparison of the potential loss and potential gain of a trade. It is used to evaluate the attractiveness of a trade. In the script, the speaker calculates a risk-reward ratio for a Bitcoin trade, indicating that a 50% potential profit with a 5% stop loss is considered a favorable trade setup.

๐Ÿ’กBitcoin Dominance

Bitcoin dominance is a measure of Bitcoin's share of the total market capitalization of all cryptocurrencies. It indicates the relative strength of Bitcoin compared to other cryptocurrencies. The script discusses how changes in Bitcoin dominance can affect the performance of altcoins, suggesting that a decrease in dominance could lead to a surge in altcoin prices.

Highlights

Market update discusses potential Bitcoin and Ethereum movements, with trading strategy insights.

Advice on counter-trading headlines in crypto markets, as market tops often follow good news and bottoms follow bad news.

Analysis of Bitcoin's macro perspective, noting the Range High and Range Low, and current market structure implications.

Explanation of the 'broken base' reversal trading pattern and its significance in market analysis.

Discussion on the importance of reading news beyond the surface to understand market makers' intentions.

Strategy for identifying entry points in trading using liquidity sweep and market structure break.

Bitcoin's potential retracement to 59k as a possible support level for a continuation pattern.

Emphasis on the high probability of a trade with a double confirmation pattern in crypto markets.

Bitcoin's future price targets, with a prediction of reaching 100K and the rationale behind it.

Trading advice for difficult periods, such as the first quarter of a candle, and the importance of patience.

Analysis of Ethereum's market structure, liquidity points, and potential support levels.

Discussion on the impact of the Ethereum ETF and its comparison to the Bitcoin ETF's market influence.

Prediction of Ethereum's price surge following a retracement, with a target of 5K.

Bitcoin dominance chart analysis and its correlation with the performance of altcoins.

Strategic approach for timing altcoin entries based on Bitcoin dominance levels.

Highlighting the potential for altcoins to provide significant returns during market dominance shifts.

Invitation for viewers to join a private Discord for trade entries and market insights.

Transcripts

play00:00

what's up everyone welcome back to

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another market update in this video

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we're simply breaking down what's likely

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to happen to bitcoin next and whether or

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not there's any potential trade if there

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is I'm going to be giving you my exact

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entry as well as stop loss and targets

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and then after that we're going to look

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at ethereum because let's face it even

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though Bitcoin is up a consider amount

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from the lows at 53,000 the altcoin

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market hasn't been giving a similar

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reaction if anything it seems that

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everything is still balancing on a

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knife's edge and that everything can

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fall at any given moment so without any

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further Ado before I get into this video

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just an interesting post that I saw from

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Miles deutcher shout out to Miles this

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is yet another one of those scenarios

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where the market tends to top out at

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good news and the market tends to bottom

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at bad news so listen to all of you

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people who are new to crypto make sure

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that you are counter trading the

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headlines if the headlines is good then

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chances are it's probably the top

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headlines are bad well chances are

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that's probably the bottom this by the

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way was from the Trump speech SL

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strategic Reserve hype which marked the

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top at least for the moment and does

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that mean that Bitcoin is going to just

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go on a full-on tank again because the

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last time we had bad news it was over

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here and the last time we had good news

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which is Mount GX looking at the

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previous two instances where we had good

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news and bad news this was bad news this

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was good news and they both seem to Mark

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the market top and bottom so doesn't

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mean that you know here is you know the

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end I wouldn't necessarily say so purely

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for one main reason if we look at

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Bitcoin from the macro perspective you

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can see that we have a Range High and we

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have a range low currently after taking

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out the range low with the mount GX news

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by the way all of this news is all

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pre-calculated it's all priced in

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there's a reason why they're only

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releasing the news after it has swept

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the range lows and there's no more

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liquidity left to take there is a reason

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why this happens similarly there's also

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a reason why they release the good news

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at the peak for every retail Trader and

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their mom to get into Bitcoin before

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they start dumping the markets whatever

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these market makers are doing is not in

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your favor they are out here to make

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money not to help you make money so

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learn to read one step deeper into the

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news and one of the most effective

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methods to make money period in crypto

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is just a counter Trend the news there's

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a reason why they saying buy the rumor

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sell the news has always been an age-old

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saying because it works looking back at

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Bitcoin going back to that range we can

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see that the range low has been taken

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out and yet the Range High hasn't yet

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been taken out if we look purely at

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Market structure we can see that you

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have a high there that's a low and then

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right here is a lower high and then

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right here is a lower low and right now

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you are in the process of forming a

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lower high so it only makes sense that

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the market is actually going to tank

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from here on out right not exactly in my

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opinion like there is always point where

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you get a reversal and in my opinion

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this is one of those times look at it

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this way right in order for the market

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to Target any more like swing lows you

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would need to come all the way down to

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50K now is that likely it depends on the

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context as of right now the fact that

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you have swept the short-term liquidity

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over here and then immediately proceed

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to break Market structure is actually a

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really great sign for the market to do a

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reversal in fact this is my bread and

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butter reversal trading pattern and in

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order to look at this reversal this is

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something known as a broken base where

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you sweep liquidity right sweep

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liquidity immediately break Market

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structure retest and boot right that's

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the setup plus the fact fact that you

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have very clear you know equal highs

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right here 1 2 3 4 highs over at 71k

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which is the all-time high this

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retracement is just you know part of a

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reversal pattern you're going to retrace

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and then you are going to continue the

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trend upwards that is my plan for

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Bitcoin at least for the foreseeable

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future at the point where this gets

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invalidated is if Bitcoin basically goes

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below like 57k 56.5 like if Bitcoin goes

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below these levels then you know fair

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enough all bets are off then at that

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point you know there is it's not

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unlikely that we go down to 50 and even

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below 50 K but until that happens

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there's actually a really good chance

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that you know we can bet on this being

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some kind of a retracement continuation

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pattern and taking a look at the

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specifics of where I expect this

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retracement to come usually when we're

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looking at a broken base we usually look

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for the previous level you know the

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place where Market structure got broken

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to act as support which it did One two

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times and then the market went higher

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granted now that that's failed we have

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to look slightly lower and in this case

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it's time to hop onto the 4 Hour chart

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to see if there is something that I

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might have missed on the daily chart and

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as of right now I see that this area

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here might be a point of Interest so

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let's go back to the daily chart to see

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if that confirms as well and boom right

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you have also confirmation on the daily

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chart that this is a fairly Gap worth

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noting which is at around 59k if you

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return back to 59k this would still be

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very much within the realm of a

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retracement and that the market could

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potentially pump from here on out now

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bonus points if this move right here

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also sweeps liquidity you have two lows

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right here and if you sweep liquidity

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and then immediately pump to break

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Market structure I'm just giving you an

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example example based on current price

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for all we know price could totally

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develop like this right where you have

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liquidity over here that gets swept

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heading into this level and then you

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break Market structure this would be

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broken base and then this retest here

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would be your ideal entry right feel

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free to screenshot this but this

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essentially would be what is known as a

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double confirmation so you have that

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initial broken base right here and then

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you have another broken base that occurs

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here and this my friends is one of the

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highest probability entry criterias that

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you can ask for in entirety of crypto if

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you get that it is a sign that well I'm

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not going to advise you on what to do

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but at least for me that is a sign that

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I should put big money behind the trade

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and the reason to that is because we

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don't get this high quality confirmation

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criteria that often broken base sure

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happens every day happens few times a

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day even but with the double

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confirmation that is just a really

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strong indicator that the trend is going

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to continue in that way and that there

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are interested parties to move the price

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in that direction that is the game plan

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essentially you want to wait for this

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area to get hit ideally there should be

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you know some kind of liquidity in fact

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let me just draw it out for you guys so

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that you guys can take a screenshot boom

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boom so you sweep liquidity break Market

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structure return this is your entry

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point and your entry is going to be

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right here with a stop at the liquidity

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Point sweep and then your target which I

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believe this is a good segue into

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talking about targets Bitcoin is going

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to hit 100K like once it breaks out of

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this range 100K is pretty much certain

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so you don't even have to really take

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profit anywhere else 100K 95k 98k they

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all work but if you want something a

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little bit more precise I guess these

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would be your levels and even if Bitcoin

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were to only go to 94k this would be a

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50% trade with a 5% stop loss that gives

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you a risk reward of 10 to1 which if you

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ask me is a good trade to take any day

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of the week now as for right now just

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one last bit of advice that I will give

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you in terms of Bitcoin and this was

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inspired by a tweet that I saw earlier

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which is the first quarter of a candle

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is always the hardest to trade right the

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first week of the month the first day of

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a week first quarter of a day I.E Asia

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the first hourly candle of a Killzone

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now for those of you who don't know what

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is Killzone don't worry this is outside

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of the premise of this video but what he

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means to say is that the first week

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right the opening is something that we

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call an opening range the opening range

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is always hard to trade because we don't

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always know what is the direction for

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example if we were to look for a trade

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right here right now it'll be hard right

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because not only is within this range

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here price is currently in a premium

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zone so we don't really want to go long

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because we don't want to buy in a

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premium but at the same time the fact

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that it's also really close to the

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discount and the fact that we have

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untapped liquidity right up here with

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all those relatively equal highs means

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that you know a short might not be such

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a good idea like if in the immediate

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short term like if you're just taking a

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trade that last like a day sure right

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just take a short maybe down to there

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and you close it out but yet this is the

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amount of profit that you might stand to

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profit from which is like a 3% move

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compared to this a 50% move which by all

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accounts I do expect to form sometime

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next week rather than this week so just

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one bit of advice this is saying that

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not every day is a trading day not every

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week is a trading week and it's very

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much true sometimes not every quarter is

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a trading quarter not every month is a

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trading month so if you are unsure of

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exactly what trade that you want want to

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take right now then the best advice

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would just be to sit on your hands

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because everybody can make money in

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trading is avoiding all the bad days and

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bad setups in between that causes us to

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have a lot of difficulty when it comes

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to trading and if you can wait just till

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next week where better market conditions

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are going to show itself then boom

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you've got much better trading

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conditions so before I get into how this

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will all play out for altcoins because I

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think that's something that a lot of

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people would be interested to know like

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how is this move on bitcoin going to

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affect the altcoins let's take a look at

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ethereum first now this one's going to

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be relatively quick you have your range

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high range low in the Range High you

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have two points of liquidity in the

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range low you have relatively equal lows

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although that level has already been

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swept you take a look here this is the

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low and this low is a lower low so

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technically the liquidity here has

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already been swept although given the

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fact that currently price is looking

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quite weak I wouldn't be surprised if

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you form basically like a micro range

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you should imagine like this box here

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this is your Range High which you just

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took out and then that's your range low

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which you could take out before you do

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some kind of a reversal so essentially

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we might be looking for a broken base

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type of pattern over here with an entry

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around here like right here right now

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would not be the best entry like sure

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you can say that okay this is your

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broken base because you have you know

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technically broken Market structure

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although I would like to see a more

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clear Market structure break in my

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opinion at the moment I will not suggest

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you know buying in a discount over here

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such as this like ethereum is already in

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a discount and if we were to compare it

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to bitcoin Bitcoin is not yet in a

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discount so if Bitcoin dumps etherum is

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going to continue to dump and so chances

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are this golden retracement zone is not

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going to hold for ethereum like the

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first level that I would personally look

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at is this candle body low here and I

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believe that this is your true monthly

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open from last month and price as you

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can see has not yet returned back to

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that area so there's a very high

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likelihood that this will be the key

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area that will serve as support for

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ethereum if you remember clearly on

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bitcoin we looked for a PD somewhere

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along the 705 which actually has already

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been tapped terms of ethereum and

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usually the second tap doesn't have as

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much probability as the first one given

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the fact that you've tapped into the

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area and you failed to make a new high

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in fact you're coming back down that's

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not the most confidence inducing sign

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that I could see on ethereum for a long

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and hence this is a level that I'll will

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be looking at which also lines up with a

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liquidity sweep on the candle body and

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potentially a reversal from here on out

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and the exact level that we'll be

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looking at is 2935 on coinbase if you're

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on a different exchange feel free to

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just adapt this to your own exchange for

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example if you are using binance then

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that number would be 2929 right but the

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lines and the candle closes everything

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is still the same and in terms of

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ethereum do not sleep on this they have

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just went through the ethereum ETF last

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time we went through a Bitcoin ETF which

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I in another video everything is playing

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out exactly as I've discussed in that

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video so far so if you want to get more

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like Market predictions just like this

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make sure you subscribed to the channel

play10:08

and drop a like because it truly makes

play10:09

my day and in that video I basically

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said that for about 2 weeks after the

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ethereum ETF gets released I'm be

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surprised if you just start dumping it's

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normal we've seen it happen on the

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Bitcoin ETF as well like if we go back

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onto Bitcoin usdt this is the day that

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the Bitcoin ETF got released and for the

play10:24

next 12 days basically it dropped by 20%

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and ethereum so far has been following a

play10:27

similar trend for about 10 days you've

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lost about 133% if the price were to

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drop all the way down to this area here

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it would line up with close to a 20%

play10:35

retracement but after that Bitcoin went

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absolutely parabolic and I'm expecting

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ethereum to do the same as well so do

play10:41

not sleep on ethereum ethereum is going

play10:43

to hit 5K like way faster than you think

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and at every point above that is just

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going to be like really really fun times

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and by the way if you're interested in

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all of the plays that I'm taking in

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regards to the eem ETF in order to

play10:53

profit like a cool 10x over the next few

play10:56

months we'll link that video that I did

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on the ethereum ETF down below

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everything that I've said in that video

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now even though I posted that video

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about 10 days ago everything in that

play11:03

video is still very much relevant

play11:05

because frankly put the move hasn't

play11:07

started yet we are still very much in

play11:09

the retracement period and so if you

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don't want to miss out on that feel free

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to check out the video after you finish

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this video now that ethereum is out of

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the way it's time to talk about altcoins

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for a bit because I think that's the

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question that a lot of people are

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wondering about it's like okay what's

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going to happen to allcoins then because

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even though Bitcoin has been pumping all

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coins haven't been performing and well

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if you take a look at Bitcoin dominance

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you can actually see a very clear p

play11:29

pattern between this and the price of

play11:31

Bitcoin so go down to the daily chart so

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even though Bitcoin has been pumping

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Bitcoin dominance has been pumping right

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alongside it so this right here if you

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can see the cursor on the left and on

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the right this is the point when Bitcoin

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dominance started pumping that's also

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the point when Bitcoin itself started

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pumping right now the star of the show

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is Bitcoin but I actually expect that to

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take a breeder quite soon so if you take

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a look at the Bitcoin dominance chart

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right now you can see that clearly you

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have a Range High with 1 two three highs

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currently you've just taken out the high

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and you have your range lows so the last

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time that the entire crypto markets

play12:00

basically just went absolutely parabolic

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was earlier this year specifically it

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was the period between December to

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pretty much like February and during

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that period the Bitcoin dominance

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actually fell from 55% all the way down

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to 51% right so that's about a 4% drop

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and the range lows as it's sitting

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currently at least for the very first

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level is at 53.7% which is right about

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3% from where we currently at right now

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and of course you have a level slightly

play12:24

lower than that which is sitting at

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around 53% and if we just take a look at

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Bitcoin dominance right now currently at

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56.2% and first potential area that you

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could like remotely consider as like a

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range low I wouldn't necessarily use

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this I would much rather you use this is

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about 3% lower than where price

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currently is and with a 4% dump all

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coins went pretty much by 10 to 20x and

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if we get a 3% dump from here on out

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then we get a 5 to 8X return over the

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next few months as the dominance goes

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down all in all currently dominance is

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sitting you know close to resistance I

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understand like for some people they

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might look at this and be like okay you

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know there's a lot of Blank Space Just

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Right Above This level like if price

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actually finds support here and it just

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like go straight up all coins are going

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to absolutely bleed out and don't get me

play13:08

wrong that is also a valid scenario that

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could play out the first level of

play13:12

resistance in the case that you do want

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to look at is at 57.3 we just go back on

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the daily chart sorry the weekly chart

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and just extrapolate this low or if you

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want to line it up with the top of this

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Fab Gap be roughly 57.3 to 57.4% that

play13:24

would be the first level in fact I would

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expect some kind of a rejection off of

play13:28

this level down to perhaps there all in

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all I'd say that you know everything's

play13:31

still going too plan like sure all coins

play13:33

are going to continue to bleed out at

play13:35

least for the moment but I think the

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time when it starts reversing is going

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to be either from here on out or at

play13:40

around 57.3% which lines up to the

play13:42

scenario that we discussed on bitcoin if

play13:44

we see a retracement then all coins are

play13:46

going to continue to bleed out but then

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after that as everything goes up I think

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all coins are going to start looking a

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lot better if you're a long-term

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investor this means absolutely nothing

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to just continue holding on to your bags

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and like sell sometime close to the end

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of the year there'll be a good time when

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your bags will be up between 5 to 10x

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but if you are a short-term investor or

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if you're someone who's not yet got into

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crypto yet or at least not got enough of

play14:08

crypto yet then that is the scenario

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that I would follow if you want to time

play14:11

your altcoin entries like feel free to

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follow that alongside Bitcoin but the

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Bitcoin dominance chart might be your

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better friend if you're looking purely

play14:18

at altcoins of course there are always

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altcoins that are going to be outliers

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even though the market condition isn't

play14:23

particularly good right now there are

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still going to be a handful of coins

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that are absolutely killing it and if

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you can find those coins then you know

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you're going to do pretty good then just

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focus on the technicals of that coin

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itself and you're going to do pretty

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good of course if you want me to make a

play14:36

price prediction on a coin that you

play14:37

would like to see drop it down in the

play14:38

comment section below and I might just

play14:40

get to it but for now I've already made

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a couple videos on salana mem coins as

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well as ethereum ETF beta coins that I'm

play14:46

looking to focus on over the upcoming 3

play14:48

to 4 months and right now they're all

play14:50

still very very relevant so make sure

play14:52

you go check them out after the end of

play14:53

this video and if you'd like to join my

play14:55

private Discord where you can get access

play14:57

to all of my exact trade entries as well

play14:59

as my coaches and just get Alpha handed

play15:01

to you on a platter then click the first

play15:03

link in the description box below reply

play15:05

to the first email with Alpha and I'll

play15:07

speak more to you then bye-bye

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