Cryptocurrency

BITCOIN TARGET $60,000 & NASDAQ 20,000



In this video, I do technical analysis on bitcoin and the NASDAQ tech stocks

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#bitcoin #crypto #btc

Hello gurus welcome to another episode hope you’re having a beautiful day we’re going to jump into charts for Bitcoin ethereum and I’m going to look at so I’ll look at Bitcoin I’ll look at actually not ethereum I’m going to do the total market cap of all cryptos I

Already did ethereum in the last video and then I’m going to do the NASDAQ to look at the overall tech stocks hit the Subscribe button smash that thumbs up Buton turn on the Bell let’s jump into technicals for Bitcoin now we’re going to and in pre-market all coins up a lot

So it pocket up 6 % congratulations everyone if you followed my videos about 3 days ago I was buying it down here 3 days ago it was around I was buying it down at 18 now it’s at 25 cents congratulations all of you that move on pocket is

Around 40% move in 3 days congratulations everyone who got in Pocket fxs up 1.6% TSM up 4 5.49% on good earnings reports B&B up a little bit meta up a little bit everything else basically flat Tesla is up a little bit in pre-market let’s go into Bitcoin Bitcoin

42436 on the hourly I’ve still got these two trades o it came very close to activating Bitcoin dropped down this is the riskier trade it opens at 42365 stop loss 4235 take profit at 43k it’s a risk Road 21 times and this is the bigger trade

That I would take in the safer trade opening at 42 sorry at 4241 ,400 stop loss 41,47 take profit 60k risk reward 74 times um risking $252 to make $8,800 with no leverage 10x leverage 180,000 those are the two trades that would take on bitcoin I do think Bitcoin comes down to

41,400 so those are my trades on bitcoin um let’s go into the total market cap of all cryptos 1.6 trillion we’re on this trend line you can see we’re climbing on this trend line making higher lows each time the bigger trend line you could say would be

This would be a major area of support here 1.54 trillion fourth to fifth wave is finished this this Elliot wave count is done on the 4 hourly we’re big resistance areas here but the main area of resistance 1.7 trillion which we actually touched we touched that 1.7 trillion actually here 1.75 trillion

This area of resistance volume is increasing though that’s a very good sign volume predicts price let’s see what the cryp the Bitcoin indicator bought shows blue buy didn’t fire a sell fire a buy back in January 2023 Bitcoin indicator b b said sell H but volume is increasing we can have

An ABC correction major area of support will be at 1.5 trillion now 1.54 trillion but still volume increasing um so that’s Bitcoin that’s the total market cap now I’m want to do the NASDAQ NASDAQ NASDAQ NASDAQ here this is the NASDAQ on the weekly charts monthly it’s

Could have this is on the monthly charts look at the Elliot wave count on the NASDAQ if you look on the monthly charts could have huge rally on the NASDAQ it’s very possible look at that on the weekly stochastic overboard but I clearly see an inverse Head and Shoulders here on

The NASDAQ shoulder head shoulder which is a very bullish pattern we moved the base of the head which would be a distance move I already drew it in here to 20,000 on the NASDAQ 19660 20,000 on the NASDAQ which is a very big move actually so that’s my updates in the

Market if you want to trade like you I’ll show you my trades actually underneath the video go down below one is the exchanges two is the courses three is the telegram there’s 9,000 of you um overall my Bitcoin trade is now 65 almost $65,000 in the profits 438

Funding fee is still 0.01 and in discount 516k I bought a lot of pocket actually which I’ve got Bitcoin 14, 61 fxs 60,000 uni um but the main one I bought was pocket which is up 14% And you can see my buy orders here on pocket here are all my

Buyers that have been ex executing on pocket which is beautiful thank you for watching everyone that’s my updates in the market congratulations everyone on pocket whoever bought with me a few days ago hit the Subscribe button Smash Up Thumbs Up Button turn on the Bell thank

You for watching and I’ll see you all again tomorrow

11 Comments

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