HISTORIC BITCOIN Move This Week! A PARABOLIC Trigger For CRYPTO!

In this video, I discuss what could potentially be the most historic week in my experience in the crypto space, focusing on Bitcoin and the anticipated approval of the Bitcoin spot ETF. I explain how a Bitcoin weekly candle closing above $47,000 before the April halving could trigger an unprecedented early parabolic bull move. Additionally, I delve into the impact this event could have on altcoins like Ethereum, Ada, and AVAX. I speculate on different scenarios, including a massive inflow into the Bitcoin ETF, which could lead to significant price movements. I also analyze Bitcoin’s price chart, highlighting the importance of breaking above the 618 Fibonacci line before the halving, a move Bitcoin has never achieved before. Furthermore, I discuss the potential effects on altcoin prices, suggesting they might initially lag behind Bitcoin’s surge but could eventually outperform. Finally, I emphasize that this moment could be historic not only for Bitcoin but for the broader crypto market, especially considering these developments are happening much earlier in the cycle than previously observed.

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Intro 00:00
1st historic moment 1:10
Unprecedented move 3:00
Most meaningful indicator 5:20
Imagine if this actually happens 6:30
Altcoins will do this if Bitcoin breaks out 7:55
Bitcoin dominance about to pump 8:20
Ethereum, Cardano, AVAX reaction to ETF 9:00
Altcoins could fall in next few weeks 13:00
It might not be different this time 13:50

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There have been many historic moments for Bitcoin for crypto over the years but for me Bitcoin and the Bitcoin spot ETF and what could happen this week for me in my time in crypto this could be the most historic week that I’ve ever been a part of the crypto space ever

Experienced in the crypto space and it’s there’s two pieces to this there’s two pieces to that story in terms of how this might play out and that’s what I want to talk about in this video I just posted a little bit ago if Bitcoin closes a weekly candle above $47,000

Before the Bitcoin having in April this would be unprecedented and will unleash an early parabolic crypto bull move like we’ve never seen before so I want to discuss what the bull move looks like for Bitcoin on the Bitcoin price chart but I also want to talk about just that

Altcoin Dynamic there are so many altcoin holders out there ethereum Ada ax what is potentially in store for this potentially historic moment that is getting ready to happen this week in crypto so I want to break it all down everybody please hit the Subscribe hit the like and let’s just do it let’s

Start there’s two pieces I said to the to the historic moment we’re going to get to what it looks like from a price pers perspective historic moment but it’s also the Bitcoin spotf a an approval for the Bitcoin spot ETF which is just days away now potentially

Happening this would be what many would call a bridge to mainstream mainstream adoption we’ve talked about over the years everybody in the crypto space always talking about since I entered crypto space mainstream adoption when it’s going to get here when it’s going to get here this everybody this is that

This is that next level this is that that huge Bridge so to give you a sense here’s a speculative post I just came across my bet on inflow in the first week five trading days after the Bitcoin ETF launch 12 to 15 billion dollars of inflow now I just did a video yesterday

I was talking about another speculative post somebody talking about I think three and a half billion and how that could potentially lead to like a $61,000 Bitcoin this is 12 to 15 billion of inflow and he says it sounds like a lot but there will be 11 issuers competing

Each other competing with each other the 11 issuers have 15 trillion assets under management 15 billion is just .1% of that so this could be the Bitcoin spot ETF obviously is the historic thing that could happen for mainstream adoption and let’s just say let’s just say it right

Now no matter what happens with price in the short term the Bitcoin spot ETF is a massive move for all of crypto in the long term this this zoomed out picture that we’re just watching unfold before us cycle after cycle not only just for Bitcoin everybody but for altcoins as

Well altcoin spot ETFs they’re on their way as well so this is a this is like the beginning of the story now the Bitcoin spot ETF from a price perspective could also trigger an a historic move this week and this is what I want to discuss as well so number one

The bitcoin’s body TF approval historic obviously now let’s look at what looks like on the Bitcoin charts and then we’re going to look at what it looks like on the altcoin charts as well this is Bitcoin zoomed out I’ve been talking a lot about this I don’t want to just

Repeat myself but it’s incredibly important for context to the video it’s basically my tweet if if Bitcoin closes a weekly candle above 47,000 before Bitcoin having in April this would be unprecedented and that’s the point this would be Bitcoin doing something it’s never did it’s never done

But that is to say Bitcoin has reached these levels for even the level that it’s at right now what’s happening now in Bitcoin charts not out of the ordinary I want to give context the last bull market High to Bare Market low it’s a Fibonacci it’s a bull market doors

It’s that green rectangle right there do you see pre- Bitcoin having Bitcoin tested the 618 line before the having I talk about it all the time many of you are probably sick of hearing about it but this is this is the move this is the bullish indicator that I’m waiting for

If Bitcoin can break above the 618 line of the of the Fibonacci this cycle around around before the Bitcoin having and notice where it’s at it’s right around well it’s around 47 48,000 before the Bitcoin having if it can break above and close a weekly candle above that

Area it would be like it’s NE something it’s never done before and that would say you can see Bitcoin being rejected off the 618 back here before the having and then finally breaking above post having and you go back two cycles as many of you know if we go all the way

Back there’s the Fibonacci retracement there’s the 618 line right here it tested it right before the having and failed so we’ve never gotten a weekly candle above the 618 line before the Bitcoin having here’s what’s crazy here’s what’s very crazy Bitcoin right now is at

$44,000 the 618 line right now is only 8 to n% away I got a comment over here on from subcritical on X he said I feel like 47,000 is a low bar and I said same that’s what’s crazy about this week it could be historic it’s it’s it’s not a a

Crazy move for Bitcoin to move 10% on on any regular day let alone in the week where Bitcoin spot ETF is approved Bitcoin could just soar through that 618 line that that historic line that Bitcoin has never closed a weekly candle above now if it were to do that this is

What I really want to discuss and and and I should add this Fibonacci to me is the most meaningful macro indicator because this is something I’ve tracked this is a chart I charted all the way back here you can see in 2018 this was charted and you can just

See how speculating in the moves of Bitcoin these yellow lines even that you see on the screen these are Fibonacci these are the inverse Fibonacci of the Fibonacci we’re we’re discussing meaning right now we’re talking about the resistance Fibonacci the the reverse of that is not a is not a bull market High

Uh to Bare Market low it’s actually a bare Market low to bull market High identifying the bottom of of a bare market and just look at that right to the 786 line Bitcoin bottoming out and this is what it’s done cycos past and bare market so I just want to say these

Fibonacci from from a technical analysis perspective zoomed out macro long-term investor these Fibonacci are so meaningful to me I know I talk about them a lot but this is why they’ve been so on point so consistent since I’ve really started taking them seriously back in 2018 and I’ve been tracking the

Entire Journey on this YouTube channel so breaking this new Fibonacci resistance to the upside right now for Bitcoin would be absolutely insane before the bull market because let’s face it the bull market that’s the bull market doors and this is what happens post having right there it

Is breaking but imagine a move like this this was post 2020 having imagine a move like this right now if this happened right now so that’s what could be historic this week it’s what I’m watching I’ve been doing a lot of posts and just talking a lot about the

Question of is it this is it going to be different this time or will Bitcoin respect even with a Bitcoin spot ETF approval will Bitcoin just respect this entire resistance once it closes a weekly candle above the 618 that is not breaking the full bow Market doors

Remember the 786 is up here around $57,000 so if we’re looking at this chart right now closing a weekly candle above the 618 it really is a historic move it’s never happened but it would still have to make the move continued move up to uh the the 786 line but I

Will say I think if it’s closing a weekly candle Above This 618 it is unprecedented like I said in that post and I I should have actually posted 48,000 that’s really where the 618 line is but it’s unprecedented and I really do think it would trigger just a an

Insanely early bullish move for all of crypto and speaking of all of crypto what does this look like what could happen this week even with altcoins and this is what I want to talk about i’ I’ve I’ve questioned myself you know if Bitcoin spot ETF gets approved right are

Altcoins and say Bitcoin prices just exploding are all coins going to explode with Bitcoin doesn’t it doesn’t seem to make sense I think the spotlight will be on bitcoin I think Bitcoin dominance will be making this move which we’ve been tracking to this potentially lower high once again the lower high Fibonacci

On the Bitcoin dominance chart we’re anticipating that Bitcoin dominance could could just kind of top out this cycle around 60 maybe up to 65 and this could be the move that gets it there before the bull market and Bitcoin dominance starts falling this is what happens in Bull markets Bitcoin

Dominance Falls Bitcoin dominance Falls this is what’s been happening cycle after cycle but there’s room for upside this could be the spot ETF pump for Bitcoin dominance that last dominance pump for Bitcoin but let’s look at altcoins the setup could be altcoins don’t do much this week maybe even fall

A little bit as people get hype about Bitcoin it’s the spotlight is on bitcoin coin notice let’s let’s notice though if Bitcoin and this is the this is the true connection here if bitcoin’s making a move above the 618 line it’s a very similar move to breaking into the bull

Market doors’s last cycle and we question well what happened here right around the first week end of end of October first week of November right here bitcoin’s exploding what was what were altcoins doing right there that’s the question because the question will be the same if Bitcoin breaks into this

Range it’s pumping what are altcoins doing this time around and we can go look ethereum here it is ethereum let’s zoom in on ethereum we’re going to look at adaa and we’re going to look at avac and we’re going to get a very clear picture look at the last week of October

Right here when Bitcoin started right well it’s a red candle for ethereum and even this next candle ethereum started waking up is a green candle but then it was followed by a red candle so end of October first week of November second week of November not much going on in

Terms of ethereum right there right and remember Bitcoin was was was making some moves this was Bitcoin breaking into the bulld doers right end of October first week of November second week of November that’s a powerful move compared to ethereum what it was doing but ethereum was getting ready to start seeing really

Nice upward momentum it was just lagging in power behind Bitcoin you go to you go to Ada check out Ada Ada was sleeping and this is something that I would I could easily anticipate again a just sleeping during this time check it out end of October right there red candle

It’s a green candle uh the first week of November but really nothing special if we zoom in and just look at this green candle followed by a red C it’s just simply sideways Bitcoin was exploding through the bull market doors things were so hype and ad was sideways for

Weeks three weeks finally boom all of a sudden ad wakes up very similar to ethereum so this could be the case altcoins do nothing and you’re going to see a lot of it for me I’m already anticipating this Bitcoin has a spotlight bitcoin’s moving altcoins doing nothing comments coming pouring in

Bitcoin is it everybody altcoins are done it’s over you know why hold altcoins and then all of a sudden altcoins wake up and outperform bitcoin’s move this is what this is what happens and this isn’t a guarantee but I’m just kind of trying to lay out speculatively what could play out this

Week if Bitcoin makes a power move avac not as much historical data but look at avac something like avac and and I’m I’m really excited with watching cardono and AAC charts in particular uh going into the next Bull cycle but check it out we go back to last week of October right

There red candle first week of November back here red candle barely a green candle on that third week and this is when Bitcoin is breaking the bull market doors ax doing absolutely nothing and then look over a month like two months of just even downtrend finally ax woke

Up this is something and every altcoin is going to operate different they all do this is something to anticipate that altcoins lag right and then sometimes one altcoin will be pumping after Bitcoin or even with Bitcoin maybe ethereum will pump with with Bitcoin because there’s the ethereum ET ETF spot

ETF speculation maybe those two pump other altcoins actually trickle down fall these things take turns it’s it’s truly is the cycles of crypto but look how look how this is setting up to be potentially historic and it’s historic because of bitcoin’s spot ETF obviously but it’s also historic because all these

Moves that we’re speculating on right now the the Bitcoin move through and up to the 786 entering the bull market doers ethereum making a potential move similar to uh November 2020 AVX similar to 2020 Ada similar to 2020 we’re speculating on this potential move what’s so historic about it for

Altcoins even is the very fact that we are well before the Bitcoin having and these moves that we we were comparing to last cycle these moves were well after the Bitcoin having this is all happening so much earlier potentially at the end of the day in in in regards to altcoins

We have these key weekly moving averages down here they’re down there everybody eight is around 36 35 C ethereum all look at the Confluence of these moving averages on the weekly for ethereum ethereum Confluence of support right 1850 avac look at these moving averages down here around 19 to 17 I’m not saying

That these altcoins are falling right to these areas but be prepared for continued downtrend into these areas we’re not even at Bitcoin having Bitcoin itself this is historic because of the Bitcoin spot ETF but will it be historic because it breaks the bul doors or will Bitcoin very

Simply maybe get some type of little pump maybe to the $50,000 area it’s a shorter term Target there’s there’s a little pattern right here right $50,000 Target and then down will it pump truly through the bull market doors because of the Bitcoin spot ETF is the biggest question on my mind

So one it’s historic because of Bitcoin spot ETF if it gets approved but it could be ultra historic if the price actually explodes through these doors and this is what I’m watching this week it’s going to be such an exciting week in terms of technical analysis but just

As a crypto holder in general watching all of this play out watching the Bitcoin spot ETF speculation alone has been fun I wanted to just give you a broad sense across Bitcoin altcoin charts what I’m anticipating this week and what could potentially happen at the

End of day I have no idea I’m just I’m speculating with yall I’m just kind of throwing my thoughts out there tracking my crypto Journey so let me know what you think in the comments below hit to subscribe hit the like I appreciate each

And every one of you I’ll see you in the next video God bless