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Timestamps:
00:00 – Bitcoin is at a critical point!
00:42 – Bitcoin analysis
06:43 – This is Bullish

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Guys today we have so much important stuff to talk about Bitcoin is at a very crucial point right now and in fact the next few hours are going to be a massive indication on where Bitcoin is going to go next so guys if you are at all

Involved in crypto you will need to watch this video I’m going to go through everything here on my channel I am going to talk about ethereum traditional markets why we are right now about to gear up on the longer terms for a massive Bull Run for crypto for Bitcoin

And much more guys so make sure to stick around from the beginning until the end of this video Welcome Back everybody my name is Chris bringing you cryptocurrency videos every day teaching you how to make money in this market if you’re new to the channel then make sure

To subscribe and activate the Bell right now and what we can see guys is that we have on the 4H hourly time frame broken above the red line right here and this is crucial right now because in the next 2 hours this candle is going to close

And you can see we went all the way up to 42,800 $100 but we have also had a decent pullback and here is why this is so so crucial right now because depending on how this 4H hourly time frame H candle closes it is going to paint a very different picture for

Bitcoin so if we close like this this is a good sign so if we close exactly like this it means that we broke above the red line we have come down we are potentially making this support on the 4 hourly time frame and then we can shoot

Up to Wards the uh the higher prices here so that is if we close like this but remember what we can also see is if the Bitcoin price continues to go down here then what we’re going to see is a candle like this in fact this entire

Thing that you’re seeing right here if Bitcoin comes down to let’s say 41,800 then it is going to look exactly as this okay with one green candle going up to the red line which is this candle actually these two candles boom up to Red Line red line and then this candle

Then going down and closing below here so you will see exactly like this if Bitcoin goes down and this would be somewhat of a potential double top pattern forming with us uh going up having the first top the second top and then if we then break this neckline that

Is a um bearish uh kind of pattern so I’m not going to get ahead of ourselves here there is still the possibility of Us closing above the red line and that would be huge but if we see a red candle like this yes we do need to be a little

Bit cautious although overall guys of course you know we’re talking about a 4H hourly time frame here but on the daily on basically every other mid to long-term time frame I am a massive massive Bull and even on the shorter time frames I’m leaning bullish but we

Just need to keep our eyes on this okay we need to keep our eyes on how this candle is going to close and by the time you watch this video probably we have already had the close of this depending on when you watch the video so uh keep

Your eyes on that is there a particular reason why it seems like we got rejected here in the middle of nowhere right so I don’t have an orange line no red line but as you know guys I love to also use my moving averages so if I flip on on

The 4 hourly uh 4 hourly time frame the moving averages you can see that we on the 4 hourly time frame were rejected by the 200 period moving average on the time frame that we are looking at right now and not only that if I take away

This and I go to the Daily time frame okay on the daily time frame if we can close the daily candle above the red line that is huge but also why did we get rejected right here if you flip on the moving averages again you can see

That uh this one is actually the 50 day moving average rejected us here as well so we do have some levels of resistance here guys which I do think if we can have some bullish momentum here and break through this move moving averages I do think that

44,00 is uh imminent okay so that is what I am anticipating here for Bitcoin as you know guys a few days ago I talked about the long-term chart for Bitcoin what I see happening so if you want to know about the longterm make sure to go

Back and watch that video but I can already say I’m very very bullish for Bitcoin in the long and in the midterm as well even in the shorter time frames but even more it’s easier to kind of um uh lay things out the longer the time

Frame is okay so on shorter time frames we can be influenced by news something can come out whatever happens a hack I don’t know um stuff can happen but on the longer time frames things uh typically tend to follow the uh the direction of the General market and that

Is up in my opinion now for ethereum you can see that we came down we formed a bottom here we formed another bottom and this is actually if we talk about the scenario I was talking about here because this is a good good example so

As you know what I said for Bitcoin guys if we come down and we have a red candle if we see the same thing here as we saw right here so we see the similar thing this would be a potential double top pattern and if you break the neckline

Which would be here that is a bearer signal and I can show you on ethereum the opposite so we come down we make the first uh bottom the second bottom and then when when you uh break the neckline we typically have a nice little bit of a bounce towards the opp side as

You can see here so this would be like the um this is already played out of course this is not tradeable right now uh but this would be kind of the inverse of the double top pattern which I’ve been talking about right here so that is all good for ethereum ethereum continues

To do pretty well here after having a massive massive drop here massive dump ethereum found the bottom and now trying to creep up towards the upside there slowly and steadily so that is good to see I will keep you updated on that that for traditional markets things are still

Looking pretty decent of course these ones are closed right now let’s see when they open up later on this evening for the Futures Market uh for my trading bots of course they are getting closer to the takeprofit price but we are not there yet uh the first ones to

Potentially take profit is actually the uh slow Bots right here and um then we will see we still have uh some ways to go we need to go basically to 46,000 for Bitcoin in order to clear all of these positions and that would be a glorious

Day so we are about uh what is that a little bit more than $3,000 away from potentially reaching those and I will show you here on my channel if we if we reach those or not you will be able to see everything now let me talk about the

Longer term so what you can see and this is a there’s a couple of things you need to pay attention to this week first you do have some significant data coming up you have the Fed rate decision you have power speaking you have all of these

Things but let me go back here so what this shows is the global liquidity index and what I’ve been saying guys as you know guys I’ve been saying I think that the global liquidity is going to increase this year and as the global liquidity increases meaning the amount

Of money in the market basically um as it increases you are going to see assets pump that is my opinion and you can see the same thing here as well you can see how it continues to follow these Cycles here and when the liquidity goes up

Assets goes up as well so yeah this is what I think is going to happen and we will see about that but also one thing we will see about is if you look at the FED balance sheet so this is basically also a measurement of the liquidity from

The US fed when you see they accumulate a lot of assets like in covid here you can see they accumulated so much assets on balance sheet and that is what printed the market so Bitcoin went up crypto went up everything went up as the balance sheet from the Fred increased

Now since then with the bare Market of course the FED has been shrinking their balance sheet but if we look very closely like the last year or so you can see right here that we are potentially maybe forming a little bit of a bottoming pattern here so if Jerome

Powell on Wednesday when they speak or when he speaks if he goes out and kind of gives a hint as to if this could actually be a kind of a bottoming for the balance sheet uh for the balance sheet shrinking from the fed this is

Going to pump the market so we do have a lot of catalyst we do have a lot of events coming up this week which is going to influence the price but overall guys this is what I think is going to happen liquidity is going to increase assets are going to pump Bitcoin is

Going to pump so let’s keep our eyes on that guys and of course if you want to use my trading strategies here which you know are extremely profitable in fact almost all of these ones are back to 100% in profit since I started these ones uh this particular batch um if you

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And by the way guys Lux algo has not yet let me just quickly show you this the Lux algo has not yet given us that bullish signal just for for reference okay you can see it right here and I think that when we clear uh the uh Edge

Of The Orange Box here convincingly we stay above this point I do think that lux algo is going to give you another one of these bullish signals so I am to keep you updated of course uh when this happens but if you want this indicator for yourself make sure and click here

And um yeah get it with 20% discount that’s all good guys thank you so much for watching this video I will see you in the next one