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BITCOIN CRASH: IS IT OVER? BE READY FOR THIS

#bitcoin

Bitcoin’s price exploded up to almost $50,000 there was a lot of Hope in the market the ETF was just to prove there was Buzz internationally all around the world everyone was talking about it Bitcoin was going to explode but then Bitcoin started to pull back and then we

Have this candle right here which nobody is talking about there’s a lot of theories as to what is about to happen next but make no mistake this candle right here has significant power the power to completely send shock waves all around the world again but nobody is

Talking about it we’re going to be talking about this candle right here because if it prints exactly as it looks right here watch out it’s going to get crazy we’re about to break it down everybody is jumping in to unlock one of the top trades of 2024 do not be left

Behind this is your opportunity to make a large amount of money in 2024 the clock is ticking time is almost up go to crypto crew university.com again that’s Crypt crew university.com clock is ticking if you’re new here my name is Steve on this channel we take no paid

Ads no paid sponsorships what do we do instead we talk about facts and the charts that actually help people the only thing I ask in return is that you hit the Subscribe button let’s jump into the video we’re on bitcoin US dollar Index we’re on the monthly chart and

What we have not discussed in any video is this candle right here and this candle is incredibly serious one of the most serious candles with the highest impact that we have seen in many many months some of the other candles that we have printed have been a little bit

Powerful and given us some Clues this one is significantly more powerful than any candle we have recently printed and this one has huge muscle behind it you do not want to play with this candle let’s go back in time so we can better understand this candle we’re going to go

Back to the Glory Days of 2019 and for the ogs that have been following my channel for a long time we printed this little guy back in June of 2019 and we covered it right here on this channel with many many videos this was not a fun

Candle to play with it is a very similar candle to this one you can see how this one is lining up and if you know what this candle is and you know what it represents you already know how significant this could be this could be an absolute devastation to the market

But luckily for us this hasn’t printed yet we still have some weeks to go but I need to cover exactly what you need to know about this candle and how it could play a huge role in quarter 1 or quarter 2 of 2024 so if you go back to the old

Days right we were at the bottom of the market sound familiar in 2018 right we saw the bottom of the market and we started started to move into a tremendous rally this was phase one of the bull the market was on fire rallying from 3,000 up to 4,000 up to 5,000 up to

6,000 up to 7,000 8,000 9,000 by the time it got to 78 9,000 the market was on fire it was an international headlines in any country around the world you had Grandma Betty calling you people were going crazy they predicted 50,000 60,000 70,000 some people even predict 100,000 200,000 there was hope

Everywhere in the market and people were going crazy the problem is we printed one of the most deadly candles and that put a stop to it real quick we were going 7,000 8,000 9,000 the news articles were more and more the buzz around social media was even more it was

Going crazy the market had exploded up to 11,000 12,000 13,000 and the getting is as high as 14,000 but when it did we printed this candle here do you know what it is yet do you know what it represents we covered it right here on the channel back here what is this more

Than four years ago right we covered this exact candle now this is a gravestone dogee Candle by definition what you want to see in a textbook gravestone dogee is a very long upper Wick or upper Shadow a small narrow body in a town tiny Wick at the bottom or no

Wick at the bottom you want the open and close to be very very narrow on the candle and what you want to see is a long upper Wick right anytime you see a long upper Wick even if it’s not a textbook gravestone dogee these are remarkably powerful it tells you a

Couple things about the market number one it tells you that there was heavy heavy profit taking from Smart money right the people that have their big boy pants on again you are playing a game here you are playing a game this is a game for professionals tilt your phone

To the side and subscribe right if you wanted to suddenly just jump in and play professional sports you would get destroyed that’s why the high majority people get destroyed in trading they think oh that sounds cool I can make a lot of money this is a big boy game you

Got to get your big boy pants on you got to study relentlessly you have to get a strategy you have to control your emotion and you have to stick to your strategy no matter what that’s why 95% of people will fail in crypto they don’t know what they’re doing they think they

Can be suddenly a professional are you kidding me so here’s where the professionals play they see something like this they’re taking profits up here hence the wick this is profit taking heavy from Heavy Hitters people who know the game people who have played the game for decades right this is profit taking

So this profit taking candle we had to open and close way down here but we had the low here and the High way up here which means the profit taking pushed price action way down anytime you see a large wick on the upside it tells us that we have momentum to the downside

Anytime you see large Wicks on the downside look at this candle a couple candles later large wick on the downside boom we had momentum to the upside and then boom this large Wick here momentum to the downside I mean you look anywhere on the charts and you can see that look

At this Wick right here we had a huge correction down to here and this was bought up by smart money people who have their big boy pants on again that are not drinking the herd juice this was bought up in a heavy way pushed price action from down here around 6,000 all

The way up to almost 12,000 that was a quick double in price why huge Wick right again huge Wick here what does that tell us momentum to the upside whenever you see large Wicks on the upside it tells us momentum to the downside this is a simple game if you

Let it be but this make no mistake as a a game of professionals you have to learn what the professionals are using and then do what they do what usually happens is people have no idea what the professionals are doing they listen to news and all the idiots on social media

And then they get destroyed and they’re like oh my God it’s that person’s fault I listen to them no it’s your fault for not educating yourself with what the professionals are doing if you wanted to go into professional sports are you going to learn from the idiots on social

Media are you going to learn from somebody who played professional sports and they will tell you how the game is played which one are you going to do it sounds obvious when I say it like that but you get into trading you’re like oh I can get rich doing this people are

Getting rich no no the professionals are getting rich and all the idiots are losing all their money basically handing over the money to the professional people it’s a very simple game so we have this candle it’s a deadly candle let’s go back to where we’re at today right you can see what’s happening

Before your eyes this my friends is almost a textbook gravestone dogee candle preparing before before our eyes luckily for us we still have a couple weeks before this Kindle Prints but let make no mistake if we print between the prices again I’m going to tell you the

Prices if we print or close the candle at the end of the month with these kind of prices we’re in trouble for example if Bitcoin were to close at where it’s at now around 42k or anywhere close to that right we’re in deep deep trouble right 42 3 424 425 anywhere right in

Here to print the textbook gravestone dogee candle it tells us one thing and one thing only Trend reversal meaning this trend that we’ve just had it’s going to reverse plain and simple that’s if if we close and I have to make this clear even if I say it 20 times there’ll

Still be people in the comments that are like we just printed it no we have not printed it it will print at the end of the month this is not a candle that has printed this one is a candle that has printed we covered it four years ago on

The channel this one has not but make no mistake if this candle prints the way it is we will have a heavy a heavy reaction and a a reversal of trend and then people will probably blame it on some Elon musk’s tweet they’ll probably blame it on the ETF they’ll probably blame it

On whatever they’re going to blame it on show me the charts I’ll tell you the news right plain and simple so I wanted to point this out because nobody’s going to talk about this type of candle just like when I covered it back here nobody was talking about this everyone was

Talking about going significantly higher so we’ve got to talk about what’s true in the charts not what what the herd is anticipating so I wanted to bring this candle to your attention by definition a large upper Wick you want the wick to be at least four times the size of the body

You want the body to be narrow you don’t want you know clo if Bitcoin closed up around 45 we don’t have a grapestone dogee we have a large upper Wick but not a gravestone dogee right so you want to see a narrow body you want to see little

To no lower Wick and a large upper Wick and that by definition is the gravestone dogee by the way we’re discussing this candle right the significance of this candle the importance of this candle this candle caught the World by surprise the ETF was approved we went Skyhigh in

Price people were going crazy and then suddenly there was a rejection from this FIB level that caught Everybody by surprise and Confused the world and they’re wondering what has happened is this crash going to continue how is this going to play a role it surprised a lot

Of people however we like to focus on the facts and the charts we like to prepare people with the facts so they can Bank better decisions and make more money in the future so two months ago we made this video about this exact chart we were way down here in price and this

Is what we had to say roll the clip it’s it’s likely that Bitcoin is going to have a rally over the next couple months up to this 78 and it’s highly likely that we’re going to be met with resistance at this level again 2019 25%

Of a correction in 2015 it was a 40% correction so it’s a very good place to take profits it’s also based on the Fibonacci sequence men lie women lie the charts don’t lie so you see what happened is Bitcoin rallied all all the way up surprising everyone and getting

Rejected at exactly the same level that we had been rejected at every single cycle to the surprise of nobody in this community but the herd was surprised everybody was surprised but we were not we had planned for it people who got really greedy took profits right here

Just like I said two months ago right so what are we looking at in terms of a crash and this continuing I’ll tell you what if we print anywhere near the candle that we’ve got now we’re in trouble mark my words but again we know where that trouble is going to lead us

Because this community we have been preparing for that move as well and if you’re new you better hit that subscribe button cuz you do not want to miss this next move in crypto hit that subscribe button I’ll see you right back here in the next video everybody is jumping in

To unlock one of the top trades of 2024 do not be left behind this is your opportunity to make a large amount of money in 2024 the clock is ticking time is almost up go to crypto crew university.com again that’s Crypt crew university.com clock is ticking