$800,000,000 BITCOIN REKT! YOU WON'T BELIEVE MY BITCOIN PRICE TARGET!

Satoshi Stacker
29 Feb 202415:26

Summary

TLDRビットコインは最近大幅な利益を上げ、過去最高値に近づいている。 61200ドル付近の主要な抵抗を突破すれば、機関投資家と個人投資家のFOMOによって、さらに放物線的な上昇を見る可能性がある。 ただし、高い資金調達率は、清算される可能性のある過剰なレバレッジを取ったポジションを示しているため、依然として注意が必要である。 全体的に、最近のビットコイン現物ETFへの記録的な流入を考えると、マクロ的なトレンドは極めて強気であるように見える。 歴史的に見ても、過去最高値を突破すると、さらなる上昇が始まることが多い。 したがって、下落はまだ起こりうるが、数カ月後のビットコインの大局的な見通しは明るい。

Takeaways

  • 😊 ビットコインの価格が過去最高値に非常に近い
  • 😲 1週間で26%上昇するなど、ビットコインが大幅に上昇
  • 😯 イーサリアム投資信託(ETF)への流入が記録的
  • 📈 インスティテューショナル投資家の注目が高まっている
  • 😃 小売投資家もFOMOを起こしている
  • ❗レバレッジには注意が必要
  • 🔮 7週間のスーパートレンドも上昇トレンドを支持
  • 🤑 私の取引戦略を使っている人は大儲け
  • 📊 伝統的な市場は横ばい
  • 👍ビットコインが注目を集める理由がある

Q & A

  • What key resistance level is Bitcoin struggling with right now?

    -Bitcoin is currently struggling with the $61,200 orange box resistance level that was the previous all-time high set in 2021.

  • How much did Bitcoin pull back after hitting the orange box resistance?

    -Bitcoin pulled back around 10% after hitting the orange box resistance level.

  • What is causing the current institutional and retail FOMO?

    -The approval of Bitcoin spot ETFs is causing massive institutional and retail FOMO right now as there is not enough Bitcoin to meet demand.

  • How much inflows did Bitcoin ETFs see on February 28th?

    -Bitcoin ETFs saw a record $676 million in inflows on February 28th.

  • Why is the Coinbase premium shooting up?

    -The Coinbase premium is shooting up because institutions are using Coinbase to purchase Bitcoin, creating more demand.

  • How much Bitcoin did the US government recently move?

    -The US government recently moved $920 million worth of seized Bitcoin from the Bitfinex hack.

  • What key resistance levels lie above the current price?

    -Key resistance levels above the current price are $70,000, $72,000, and $83,000.

  • What trading strategies have been profitable recently?

    -The trading strategies on exchanges like OKX and Bybit have generated hundreds of thousands in profits recently.

  • When will the next major trading product launch?

    -The next major trading product launch is expected in the next few days.

  • What economic data is important to watch?

    -Important economic data to watch is personal income, personal spending, and PCE price index data.

Outlines

00:00

😲 Bitcoin Nears All-Time High

Paragraph 1 discusses how Bitcoin's price has surged to within $6,000 of its previous all-time high. It predicts Bitcoin could set a new record high if it continues rising by 10%. It then previews analysis on whether a new high will occur and Bitcoin's potential next moves.

05:01

😱 Institutions and Retail Flooding into Bitcoin

Paragraph 2 shows data on spot Bitcoin ETF volumes spiking to record levels, indicating huge institutional and retail investor demand. This demand is creating a liquidity crunch that will likely push Bitcoin's price up towards $70-100k.

10:02

💰 Exchanges to Prepare For Next Big Trading Strategy

Paragraph 3 encourages viewers to sign up for crypto exchanges to get ready for the speaker's upcoming improved trading strategy launch. It promises this new version will provide even better performance.

15:05

📈 Mostly Positive Indicators for Bitcoin Price

Paragraph 4 summarizes overall positive indicators for Bitcoin's price growth, while advising some caution around leverage. It also notes some potential upcoming volatility around economic data releases.

Mindmap

Keywords

💡Bitcoin price

The current and predicted price of Bitcoin based on technical analysis. The video examines the potential for Bitcoin to reach a new all-time high price.

💡Institutional investors

Large professional investors such as hedge funds and banks that are starting to invest heavily in Bitcoin, driving up demand and prices.

💡Retail investors

Individual non-professional investors whose increasing interest and investments in Bitcoin is also pushing up prices.

💡Liquidity crunch

The concept that increasing demand for Bitcoin combined with limited supply will lead to a point where there are more buyers than sellers, driving up prices.

💡ETFs

Exchange-traded funds that invest directly in Bitcoin and are bringing more mainstream capital into the market.

💡Leverage

The ability for investors to trade larger Bitcoin positions with borrowed funds, increasing risk and volatility.

💡Funding rates

The rates paid by leveraged traders to keep their positions open. High funding rates imply unsustainable leverage in the market.

💡Technical analysis

Analysis of Bitcoin's price charts and indicators to try to predict future price movements.

💡FOMO

Fear of missing out - the psychological feeling that fuels speculative bubbles when prices rise rapidly.

💡Market cycles

The tendency of the Bitcoin market to go through periods of boom and bust, bull and bear markets.

Highlights

Bitcoin is going absolutely nuts right now, only about $6,000 from a new all-time high

If Bitcoin goes up by another 10% we will crush our previous all-time high

We are in a very particular point in the market right now where we have institutional and retail FOMO piling money into crypto

$800 million worth of crypto was wrecked yesterday from long and short positions getting liquidated

The liquidity crunch from spot Bitcoin ETFs being approved means there won't be enough Bitcoin for everyone wanting to buy it

Unless something completely nuts happens, this market is programmed to go vertical towards the upside

My trading strategies generated hundreds of thousands in profits for users just yesterday

I will soon launch an improved version of my trading strategies to manage risk better as Bitcoin goes higher

Institutional money is flooding into Bitcoin now, attracted by much higher returns than the stock market

The Coinbase premium is shooting up, indicating institutions are buying Bitcoin from retail traders

The 7-week super trend indicator predicts more parabolic upside moves for Bitcoin

The government moved almost $1 billion in seized Bitcoin, but this likely won't impact the market much

We're seeing almost $1 billion per day in Bitcoin buying, which is unsustainable long-term

Upcoming economic data releases may impact traditional markets and influence Bitcoin price action

Bitcoin remains hard to be bearish on with current bullish momentum, but key resistance levels need watching

Transcripts

play00:00

Bitcoin is going absolutely nuts right

play00:02

now guys you can see that we are only

play00:05

about $6,000 from a new all-time high if

play00:08

Bitcoin goes up by another 10% we will

play00:10

crush our previous all-time high in

play00:12

today's video I am going to talk about

play00:14

first whether I think that is going to

play00:16

happen and then I'm going to talk about

play00:18

what I see happening for Bitcoin next

play00:20

because there are big things happening

play00:23

at this very moment and there are also a

play00:26

lot of pitfalls which I need you to

play00:28

avoid at this very moment guys so make

play00:30

sure to stick around from the beginning

play00:32

until the end of this video Welcome Back

play00:34

everybody my name is Chris bringing you

play00:36

cryptocurrency videos every day teaching

play00:37

you how to make money in this market if

play00:39

you're new to the channel then make sure

play00:40

to subscribe and activate the Bell right

play00:42

now so let's kick it off and let's start

play00:45

off first with my first video yesterday

play00:48

I said that I think we're going to break

play00:50

through this Orange Box and I do think

play00:52

that once we do that we're going to have

play00:53

a massive decisive move towards the

play00:55

upside now just a few hours after I

play00:58

posted that video you did see a massive

play01:00

push towards the upside and this is bull

play01:03

market in its full force guys it's just

play01:05

so ferocious towards the upside now I

play01:08

made a second video because Bitcoin

play01:10

continued to go up here so I posted a

play01:12

second video right below 60 I think

play01:15

60,500 as we were approaching this

play01:18

orange line right here I said guys this

play01:21

is massive first I was congratulating

play01:23

everyone obviously secondly I wanted to

play01:26

point out a key level of resistance now

play01:28

if we go to the video yesterday

play01:29

yesterday the second video I posted you

play01:31

can see that we were approaching the

play01:33

orange line at $61,200 I was talking

play01:36

about this key Orange Box you know my

play01:39

orange boxes are not to be messed with

play01:41

guys and I was expecting a strong

play01:43

reaction from this Orange Box now fast

play01:47

forward what happened Bitcoin continued

play01:49

towards the upside it actually did go up

play01:52

all the way to The Orange Box that was

play01:54

referencing in that video and then from

play01:56

this point we did have a massive

play01:58

pullback this was kind of of decisive it

play02:01

went down by about 10% so it was a

play02:04

significant pullback but at the same

play02:06

time we just pulled back to the same

play02:08

price point in which we were at at the

play02:10

start of the day so overall we went down

play02:14

and uh yeah we had this pullback if you

play02:16

bought the dip here you're sitting at

play02:17

massive profits but still even today you

play02:20

can see that even with this bounce we

play02:22

are right now struggling with my key

play02:24

Orange Box and why is this so important

play02:27

this particular Orange Box well you know

play02:29

that if you watch my emergency video

play02:30

yesterday if you didn't watch my

play02:31

emergency video let me show you again

play02:33

you can see on the weekly time frame

play02:35

look at this candle this is absolutely

play02:36

insane what is this I mean what is

play02:40

this it's like a in this week it's not

play02:44

only been the complete week yet but in

play02:46

one week we have gone up by

play02:49

$13,200 26% what is this anyway let me

play02:54

zoom out so why is this level so

play02:56

important this is the same level in

play02:59

which we made that first alltime high in

play03:02

um in

play03:04

2021 so the alltime high we made in 2021

play03:07

the first one the first Peak yes we went

play03:10

slightly above it but still this

play03:12

particular Orange Box was so important

play03:14

this is something that I laid out I had

play03:16

been working on this Orange Box for a

play03:17

lot of time I had identified this as the

play03:20

level to break through and the key level

play03:23

of resistance here unfortunately we

play03:25

didn't manage to break through it

play03:26

instead we went down for a couple of

play03:29

months

play03:30

and then we had that second Peak okay we

play03:33

did have that second Peak and even

play03:34

during the second Peak you can see that

play03:36

we on the weekly time frame had one

play03:38

pullback two three four weeks we were

play03:42

struggling with this level and then

play03:43

finally we did have one weekly candle

play03:46

towards the upside to

play03:48

$69,000 so with that said guys what can

play03:53

we expect right now for Bitcoin well I'm

play03:56

still expecting this to be resistance

play03:58

but really with the bullish momentum

play04:00

you're seeing right now in the market I

play04:02

would not be surprised to see this break

play04:05

here in a little bit yes it is Big

play04:08

resistance but we already had a big

play04:10

pullback we already had a 10% pullback

play04:12

from this point now what I also want to

play04:14

show you is the same thing I showed you

play04:17

yesterday look at this in

play04:21

2021 here was the previous all-time high

play04:25

$220,000 look at what happened when we

play04:28

had bullish momentum and we went up we

play04:31

had pullbacks from the previous all-time

play04:32

high we went down first uh 177% then we

play04:37

went down another like on the weekly

play04:38

time frame we were struggling we went

play04:39

down 11 133% here but then once we broke

play04:43

through it we had massive pumps towards

play04:45

upside right so when we break the

play04:48

previous all-time high if history is any

play04:50

indication of what's to come we can

play04:52

expect some massive pumps towards the

play04:55

upside and overall guys I am going to

play04:57

say this we are in a very particular

play05:00

point in the market right now where we

play05:02

have institutional fomo and Retail fomo

play05:06

piling money into crypto if you don't

play05:08

believe me just bear with me I will show

play05:10

you let me show you this first look at

play05:12

this volume this is the ibeat uh ETF

play05:16

spot Bitcoin ETF so black rocks spot

play05:18

Bitcoin ETF look at this volume look at

play05:20

this these are all of the ETFs and the

play05:23

volume is going absolutely parabolic if

play05:27

you do not believe that there is

play05:28

institutional and Retail fomo right now

play05:31

for Bitcoin you are living with your

play05:34

head in the sand look at this yesterday

play05:38

28th of February how much inflows did we

play05:41

have let's look at the outflows first

play05:43

you had gbtc gray skill still dumping

play05:45

Bitcoin $200 million worth of bitcoin

play05:48

was dumped into the market still we had

play05:51

a net inflow of

play05:54

$676 million that is the record for any

play05:58

ETF day

play06:00

even considering the first days when the

play06:02

launch actually happened for these ETFs

play06:05

now if you take away the gbtc that the

play06:08

um that was dumped into the market we

play06:11

were getting close to like $900 billion

play06:15

doar worth of inflows sorry million

play06:17

dollars worth of inflows that is close

play06:19

to $1 billion in one day of purchasing

play06:23

power of like sheer buying pressure this

play06:26

is the reason why you are seeing this

play06:29

because the liquidity crunch we've been

play06:31

talking about I've been talking about

play06:33

this since $116,000 guys there's going

play06:35

to be a massive liquidity crunch when

play06:37

the spot Bitcoin ETFs are approved there

play06:40

is not going to be enough Bitcoin to be

play06:43

around for everyone that wants to buy it

play06:45

supply is getting out of the market

play06:48

supply is going to get cut in half not

play06:50

supply but the new issuance of Bitcoin

play06:53

is going to be cut in half after the

play06:55

having as well so right now what you're

play06:57

seeing is a

play07:00

overtime average in of billions of

play07:03

dollars from institutions and retails

play07:06

alike so this is why I'm telling you

play07:09

sure we know that we're going to have

play07:11

pullbacks we know we're going to have

play07:12

dips but do not underestimate the

play07:15

long-term effects of this ETF it is

play07:19

going to go absolutely nuts just give it

play07:21

time we are in no time going to be at 70

play07:24

80 90 and then

play07:27

$100,000 give it time guys unless

play07:30

something completely nuts happens in the

play07:32

market an X Factor a Black Swan this is

play07:36

programmed to go vertical towards upside

play07:39

so this is obviously not something that

play07:41

is going to come as a surprise to you if

play07:42

you've been watching my channel we've

play07:43

been saying the same thing since

play07:45

$6,000 and um yeah it's nice to finally

play07:49

see some massive massive proof that that

play07:52

is actually the case now at these

play07:54

moments you also have to be careful

play07:56

because yesterday $800 million

play07:59

worth of crypto was wrecked long

play08:02

positions got wrecked short positions

play08:05

got wrecked so this is why you have to

play08:07

be careful with leverage at this moment

play08:09

in fact if you look at the funding rates

play08:10

right now the funding rates are very

play08:13

high for Bitcoin and crypto in general

play08:15

and you will have to get this to

play08:18

equalize out now the usual way of this

play08:21

to equalize out is for a pullback to

play08:23

happen so for funding to reset usually

play08:26

pullbacks do happen but it can also

play08:28

reset that without significant pullbacks

play08:30

because we already had massive pullbacks

play08:33

yesterday like 10% is still pretty

play08:34

decent of a pullback but the funding

play08:36

rate we will have to keep our eyes on

play08:38

this because this will need to reset the

play08:40

higher this is the more leverage in the

play08:42

market the more dangerous and this is

play08:44

what leads into people going absolutely

play08:46

nuts here this is why I'm so happy for

play08:48

everyone that have been using my trading

play08:49

strategies because look at this this is

play08:51

absolutely insane

play08:53

$315 right now on bitat and on okx

play08:57

there's so many millions

play08:59

that have been made just yesterday alone

play09:02

I'm hearing we had several hundred

play09:05

th000 of uh of profits for everyone that

play09:08

have been using my trading strategies on

play09:10

okx as well because obviously on okx

play09:12

I've been using the trading strategies

play09:14

for well over a year I think it's like

play09:16

one and a half year on bitet we've only

play09:18

been using them on uh for like a few

play09:21

months and there is a limit only 750

play09:24

people can use this now just like I've

play09:25

been saying there's going to come a big

play09:27

revamp we will have to adjust the

play09:29

strategy just a little bit here guys I

play09:31

will make a big video in the um in next

play09:34

few days guys I know I keep saying that

play09:36

but it takes some time to actually get

play09:38

that right guys as you know guys this

play09:40

was a massive groundbreaking thing when

play09:42

I launched these ones uh one and a half

play09:45

years ago and I do think what I'm going

play09:47

to launch here soon is going to be even

play09:49

better and also it's going to manage

play09:52

risk a little bit better because the

play09:55

higher Bitcoin goes the more risk ofs we

play09:58

have to be the more we need to manage

play09:59

risk but if you want to be part of the

play10:02

next major thing I'm going to launch

play10:03

here guys you will want to sign up for

play10:05

okx and bitat and buybit right now go to

play10:09

the description of this video go to

play10:11

buybit click on this link sign up claim

play10:14

up to $30,000 you will want all of these

play10:16

exchanges guys go to okx sign up right

play10:19

now claim up to $60,000 click on this

play10:21

link and then click join now then go to

play10:24

bitat as well click on this link claim

play10:27

up to 8,400 $ sign up to these ones so

play10:31

that you are ready and you do not miss

play10:32

out when I launch the next major product

play10:35

which is going to happen in the next few

play10:36

days so um also of course Lux algo the

play10:40

number one trading toolkit out there

play10:41

which called for this massive run make

play10:44

sure to take advantage of the discount

play10:46

if you want to use that as well now for

play10:48

traditional markets guys we continue to

play10:50

see a little bit of a sideways action

play10:53

tilting down here so this is still good

play10:56

because you see some of the liquidity in

play10:58

my opinion flood into Bitcoin here and

play11:01

this is going to continue because why

play11:03

would you be happy like look at this

play11:05

sure I mean some people have been making

play11:07

some nice gains here but even if you

play11:10

were up like 5% like this whole rally

play11:13

even if you let us zoom out here so even

play11:17

if you manage to time the absolute

play11:19

bottom let's say you manage to pinpoint

play11:22

the actual actual kind of uh Dollar

play11:25

Bottom here for traditional markets okay

play11:27

you are up 25 % guys Bitcoin is up just

play11:32

in this weekly candle alone we are up

play11:35

more than what the Boomers have been

play11:37

making on the stock market here so this

play11:40

is why most of this money or not most

play11:42

but a lot of this money is going to

play11:44

flood into Bitcoin and that is what

play11:47

you're seeing right now with the ETFs

play11:49

now let me show you some more data guys

play11:51

I am not done yet I have much more to

play11:54

talk about how do we know that it is the

play11:56

ETFs and it is the major US institutions

play11:59

that are driving the price action right

play12:01

now if we open this one up you can see

play12:03

that the coinbase premium is shooting

play12:05

through the sky so that means that the

play12:07

Bitcoin price on coinbase is actually

play12:09

higher than on other exchanges why is

play12:12

this because the institutions are using

play12:14

coinbase to buy Bitcoin on the spot

play12:17

Market they are using coinbase to buy

play12:19

your Bitcoin the Bitcoin that we have

play12:21

been accumulating the institutions are

play12:22

right now F moing to try to buy it from

play12:26

us now a lot of people are still holding

play12:27

to their Bitcoin not willing to sell and

play12:30

that creates that liquidity Crunch and

play12:32

that is why we're going towards the

play12:33

upside so crazily right now and if you

play12:36

look at the chart we were talking about

play12:38

yesterday we were talking about the

play12:39

super trend on the seven uh week time

play12:42

frame and um this was posted by tective

play12:45

originally now this continues this is

play12:48

now playing out in full force and every

play12:51

time it has happened in history

play12:52

previously we have gone on parabolic

play12:54

runs as well so guys I have to say

play12:56

everything is still looking good yes be

play12:58

careful with lever aage but if you've

play12:59

been accumulating Bitcoin

play13:01

congratulations to you I'm happy for you

play13:03

and if there's something to be worried

play13:05

about the US government has moved $920

play13:08

Million worth of ceased Bitcoin so

play13:10

almost a billion dollars has been moved

play13:12

from the US government of course they

play13:13

want to create some fud they want to um

play13:17

yeah they want to cause some stir here

play13:18

maybe and um yeah but one thing to note

play13:22

here is that this is actually Bitcoin

play13:24

that was seized from the bitfinex hack

play13:27

so this this is actually users funds so

play13:31

I don't think that they are actually

play13:33

allowed to sell this into the open

play13:35

market so I don't know why they are

play13:36

moving it either way even if they sell

play13:40

all of this remember yesterday we almost

play13:43

had the same amount of inflows in just

play13:46

one single day so this is why the market

play13:49

is not reacting too negatively to this

play13:51

right now because we are still seeing

play13:53

such incredible amounts of inflows now

play13:55

the inflows make no mistake it cannot

play13:57

continue like this we cannot see like 1

play13:59

billion almost $1 billion dollar worth

play14:01

of buying pressure every day that cannot

play14:03

continue but um we will see guys we will

play14:07

see it's just so crazy right now to see

play14:09

all of this formo happening and it's so

play14:11

crazy to sit on big bags of Bitcoin

play14:13

while all of this is playing out one

play14:16

thing to pay out uh pay attention to is

play14:18

that we have the um economical data

play14:20

coming out today and tomorrow you do

play14:22

have the personal income uh month over

play14:24

month you have the personal spending

play14:26

core uh producer cons or price consumer

play14:30

expender I think this is the name so

play14:32

this is actually data that is important

play14:35

for the traditional markets so this is

play14:36

also going to have some kind of effect

play14:38

on bitcoin but when Bitcoin is running

play14:40

as hot as it is right now it's hard to

play14:43

uh it's hard to be bearish on bitcoin I

play14:45

have to say uh but we already know which

play14:47

levels to pay attention to towards the

play14:49

upside let us actually talk real quick

play14:51

about we go to the four hourly time

play14:53

frame again of course you already know

play14:54

about this level right here then we have

play14:56

the all-time high then we have another

play14:58

or line at $70,000 then we have the next

play15:01

one at 72 then we have 83 and that is

play15:05

basically it because all of these levels

play15:07

were outlined several years ago I will

play15:10

get into it right now guys and identify

play15:13

the next major levels of resistance you

play15:16

can be sure I will keep you posted

play15:19

regarding all of that guys this is what

play15:22

I got for you today thank you for

play15:23

watching this video and I will see you

play15:25

in the next one

Rate This

5.0 / 5 (0 votes)

Do you need a summary in English?