Bitcoin Dropping to $40,600 Im Down $100,000 Overnight!

Bitcoin is still dropping after the ETF news, $btc down to $40,600 last night, costing me $100,000 on my bitcoin trade.

1️⃣ GURU Bonuses:
🥇 BYBIT: $30,000 bonus! https://partner.bybit.com/b/Buyalts
🥈 Bingx: Stock and Crypto trading. https://bingx.com/en-us/partner/BuyAlts/
🥉 Binance: $600 BONUS! https://accounts.binance.com/en/register?ref=GURU

2️⃣ Guru Courses (10,000+ students):
💼 Laws of Money: https://lawsofmoney.jamescryptoguru.com
📈 Crypto Master Course: https://jamescryptoguru.gumroad.com/l/CryptocurrencyMasterCourse
📊 Stock Master Course: https://jamescryptoguru.gumroad.com/l/StockMarketMasterCoursebyJamesCryptoGuru

3️⃣ Networking:
🤝 Telegram Group (9,000+ traders): https://t.me/JamesCryptoGuruEnglish

4️⃣ Tutorials:
📺 Bitcoin & Altcoin: https://youtu.be/m396VLNXmnU

5️⃣ Trader Extras:
🔐 NordVPN: https://bit.ly/3stLvHw
🎮 $MCRT on PancakeSwap: https://bit.ly/BuyMCRT_PancakeSwap

6️⃣ Connect:
🐦 Twitter: https://twitter.com/jamyies
📷 Instagram: https://www.instagram.com/jamescryptog
🌍 Other Languages: https://www.youtube.com/channel/UCPFw3gsrsQOkjSzt6c4oFdQ

Contact: Contact@jamescryptoguru.com
Disclaimer: Not financial advice. Do your research.

#bitcoin #crypto #btc

Good morning gurus welcome to another episode hope you’re having a beautiful day Bitcoin coming under 41,600 last night actually I think it came to 40,500 we’re going to jump into the charts for Bitcoin ethereum and look at the tech stocks and look at the overall marketing cryptocurrencies hit

The Subscribe button Smash Up Thumbs Up Button turn on the Bell let’s jump into technicals for Bitcoin now we’re going into technicals and poke the market having a huge correction on bitcoin drop yesterday TSM Tech stock 99.7% up tech stocks did yesterday meta 2% in NASDAQ 2

1 Intel 1.4% Google 1.4% NASDAQ 1.3% Microsoft 1% and Bitcoin 41,00 Bitcoin taking hit pocket was down 8% after a huge rally yesterday Tesla down a little bit SOI down a little bit fxs down a little bit Tesla just getting hammered recently in the last few trading days coming

From 260 on that bounce almost erasing all the gains 260 back to to 21 quite interesting drop here it should be on the 4 F way but let’s go into Bitcoin now in the next video I’ll do Tesla in 12 hours from now 41,000 um Bitcoin when I look at the

Weekly we are overboard heading down um bull flag still looks like a bull flag on this when you look at this way um pole bull flag Bitcoin has now corrected 177% um from that Al from the ETF announcement 177% which means again buy the rumor and sell before the news is

Again correct buy the rumor sell before the news even when it comes to ETFs even when it comes to an ETF when you’re considering Black Rock and Fidelity Black Rock now holds $1 billion of Bitcoin and still buy the rumor sell the news is correct let’s go back into

Bitcoin on the weekly bit crypto Guru bot is firing blue byy hasn’t flipped to Red Cell yet buy from January 2023 Bitcoin indicator bot fired the cell it fired the sell it fired a buy down here at at around wait it fired a buy down here at around

28k 28,000 here 26,000 F A buy and sell it sold at the top of that Bitcoin run on the ETF announcement which is unfortunate on The Daily stochastic is quite oversold extremely oversold actually on the stochastic how you read these the stochastic is whenever the line is on the daily above the line

Usually time to sell for example um you can see here was time to sell actually the Bitcoin ETF announcement here would have been time to sell before before it corrected down uh here was a nice time to sell before it corrected down whenever the doted line and whenever the

Doted line is below uh whenever the stochastic is below the dot line it’s oversold and time to buy so in my opinion this point here we’re extremely oversold we’re also coming down to that main area of support 4,245 that’s real support for Bitcoin because after the ETF um when we had

That big Panic ETF fake news announcement that was where Bitcoin actually held the trend line so 4,245 is really where Bitcoin is strong support daily extremely oversold 4 hourly extremely oversold there was a huge Bitcoin sell that caused that dump on on the 4 hourly it was around 72,000

Bitcoin was sold to cause that dump and I I predicted this dump actually and we had a rising triangle here and this usually broke to the downside uh my long though hit the stop loss it came even beneath my long from yesterday unfortunately that’s almost a 177% correction on bitcoin the main real

Support area is still 4,245 that’s where I believe the main area support cuz that’s where we Wicked down and touched so that’s where I’d be going long bull flag is still in effect we’re still in this bull flag here um as long as Bitcoin holds 40,200 and we can

Get a rally move out of here we are still bullish I’m still bullish on bitcoin my target is still 60k on that second to third impulse wave um I’m quite surprised that the ETF announcement was still buy the rumor and sell the news even with an ETF announcement quite surprising um but

This is still the Bitcoin trade I’ll take 70 risk to ratio opening at 4,245 oh just 4,245 stop loss just underneath 40,075 and take profit 60k Risk Road 1226 risking $159 to make $20,000 without leverage again risking $159 to make $20,000 without leverage 10x leverage $200,000 profits 100x leverage $2 million profits

The trade opens at 40,200 um that’s where I would add more to my trade because this is the main trend line yesterday we broke down and we got a bounce at 40,600 but really the main support is 40,200 on the hourly stochastic quite oversold as well um that’s the I’ll keep that trade

40,200 Target 60k um stop loss 40,075 risal road is 126 that’s the trade I would take on bitcoin I’m going to show you my trades if you want to trade Bitcoin Like You See Me Do under the video go down below underneath the video one is the exchanges I use B

Okx gives you 30,000 sorry buybit gives you a $30,000 bonus one is the exchanges two is the courses crypto Master course stock room Master course law of money course and three is the telegram where you can join the 9,000 other Traders join trading together my Bitcoin trade

My account took a massive hit yesterday this Bitcoin trade Bitcoin down 3% U my Bitcoin trade $56,000 in the profits 380 the funding Fe is still 0.01 so still quite cheap to keep trades open $56,000 in the profits but this trade was $108,000 in The Profit so it got hit 50k

Most of this account was Bitcoin so um before the ETF announcement we were at 580k up from $150,000 on this account after the ETF announcement it’s dropped almost $100,000 to $49 93,000 I’m in here I’m holding 2.7 Bitcoin most of my account is Bitcoin so when Bitcoin

Dropped it caused a lot of damage to the account 3% down on bitcoin 111,000 2.7 Bitcoin fxs 3% down 2 58,000 Unis swap 6% down 58,000 Doge 50,000 3% down Doge getting hammered mcrt 3% 48,000 pocket 27,000 2.9 after it pumped massive yesterday 26,000 usdt 13,000 um world

Coin this is what I’m holding in my account but again that Bitcoin trade taking a huge hit from $18,000 to $56,000 profits this account almost down $100,000 after the ETF announcement guys I’m just going to leave it on bitcoin hit the Subscribe button Smash Up Thumbs

Up Button turn on the Bell I’m still keeping my trades open but again buy the rumor sell the news would have been beautiful on this ETF drop $100,000 drop to the account so my account went from $ 150,000 to 590,000 after the ETF announcement it’s now dropped to 49300

So about 100K hit um 13,000 yesterday after that after that drop but mainly because I’m holding so much Bitcoin and my Bitcoin trade just got hammered after this 48k to drop down to 41k if we don’t hold 41k sorry 40,200 it’s very very dangerous for Bitcoin so we must hold

This trend line so I’m going to modit it closely hit the Subscribe button smash up thumbs up Buton turn on the Bell I’ll do ethereum in the next video and Tesla thank you for watching everyone have an amazing day and I’ll see you all again tomorrow