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Timestamps:
00:00 – Intro
00:52 – Bitcoin analysis
07:40 – This is HUGE
08:36 – Altcoins

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Guys Bitcoin has had a drop and this is absolutely fantastic because I am going to tell you why in this video this is such a big thing I’m also going to talk about what I see happening next for Bitcoin of course yesterday we were talking about this pullback we were

Talking about not getting too euphoric and like clockwork we did see this drop I will talk about the reason exact reason why we saw that I will give you my view of what I think is going to happen moving forward as well as some altcoin news guys I am going to talk

About some more altcoin so for everyone that loves altcoin guys make sure to uh yeah stick around and watch the beginning until the end of this video Welcome Back everybody my name is Chris bringing new 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 yes guys yesterday we were consolidating Above This orange line at 49,500 and and I said now is the time to be a little bit well not really cautious

But just be prepared not everything is going to be uh straight up towards the moon because I saw that especially the people that previously had been so barish they were starting to flip bullish and when the entire Market believes something it is usually incorrect so what I saw is a cause for a

Sideways action and a pullback okay so I said that do not think that we’re going to go straight up to 65 we’re going to have pullbacks we’re going to have sideways action and then we are going to go up and then right after that video almost uh we did see this drop from

$50,000 down to 38,300 so it was a decent drop and uh and then we had a bounce we didn’t even come down to the Orange Line we came close to it we had a bounce and now we find ourselves still above the very key Orange line at 49,4 55 so things are

Looking really really bullish right here for Bitcoin now what was the particular reason why we saw this drop well if we go to the traditional markets you can see that traditional markets had a huge this is on the daily candle traditional markets had a huge red Candle on the

Daily and on the 4 hourly you can see it right here now good thing we did find support of the orange line right here which is fantastic 4,955 on the traditional Market but this drop found support and why did we see this Drop In traditional markets let’s

Connect all of the Dots here well yesterday we did see the inflation come out the inflation data come out and the inflation data was worse than expected so the core month over month was 0.4 the forecast was 0.3 so we had higher inflation than expected on the core also

Uh on the year-over-year 3.9 versus the forecast at 3.7 so this made the market start to panic so the market went down and also Bitcoin went down but look at this the bounce is absolutely beautiful we are not we’re only if you look at where we are right now we are not even

1% from the previous close High here so this tells me that Bitcoin is still looking really really bullish guys because even as the traditional Market saw a big drop and there’s fear in the market Bitcoin is still holding up really really well of course this also meant that everyone using my trading

Strategies accumulated on the way down here and took profit on the way up so again everyone using my trading strategies massive profits being made here so that is absolutely fantastic but apart from that guys I still think that Bitcoin looks really bullish and on The

Daily time frame uh you can see we had 1 2 3 4 5 6 seven eight green candles in a row now we have had one red candle yesterday and this current candle is also uh red so let’s see where that is going to go but the Buy Signal here on

The Lux algo is still intact it’s still intact so it will take a little bit more for this Buy Signal to disappear and even if we get a sell signal right here guys then this Buy Signal still gave us a 13 15 uh no yeah uh

12% gain here so the Buy Signal still did its job but let’s see if this is going to remain in ta well this is going to stay where it is of course but let’s see if it gives us that bearish momentum signal so kind of something like this

Bearish momentum signal let’s see if it gives us that but these are not as powerful as the buying signals on Deluxe algo and of course if you want to get more information about Lux algo I will continue to update you here on the channel but if you want to get this for

Yourself then go down to the description of this video you have the Lux algo right here up to 20% off using this link now let’s continue for Bitcoin and what I think is going to happen here well the White House are in a little bit of a panic right now because there’s an

Election year and they want the markets to do well however they do not want inflation to go up so they are worrying right now that the inflation is going to go out of hand or that the FED are going to cut rates and that the inflation is

Going to continue to stick around okay so what the FED would want of course is for the Fed to cut rates and inflation to go down that would be um the Fantastic thing for Joe Biden because if they’re going to get reelected they would want the markets and everything to

Be doing well but the worst possible scenario would for the would be for the FED to not cut interest rates and inflation still sticking around so yeah they are in a little bit of a panic right now for Bitcoin everything is still fantastic in my opinion no matter

What the outcome is going to be uh with the inflation it’s gonna figure itself out over time but one thing that is always going to be the uh Gainer of whatever actions the FED are going to take depending of if it is money printing depending of whatever it may be

Of course sure if they do not cut interest rates at all let’s say they even raise interest rates a little bit then okay you could have a little bit of a pullback for Bitcoin but in the grand scheme of things every single pullback here for Bitcoin is just going to be a

Massive buying opportunity and it would just give you the opportunity to accumulate at a lower price and for the gains to potentially be higher in the future if you accumulate at a lower price so that is how I look at Bitcoin right now it’s the same way I’ve been

Looking at Bitcoin for the last about 1.5 years when I started to say that every single pullback for Bitcoin is meant to be buying and that is of course if I go to the weekly time frame right here H most of you guys that have been following my channel you already know

About this chart H when we broke the RSI structure H down here was the time to really start accumulating Bitcoin by every single dip this was at uh $18,000 $177,000 and then especially inside of this teal box this gave you a year it gave you a good year to accumulate on

Every single dip here so um yeah we’re still inside of this so it Still Remains the Same if we see pullback I am accumulating even more Bitcoin although honestly guys I am close to Allin crypto right now so yeah we will see about that now for the ETFs still

Looks really really good you can see here that yesterday we had an inflow of 10,000 Bitcoin and the grayscale by the way they only sold $43 Million worth of bitcoin so they only sold 1.5 th000 Bitcoin and like I said the inflows were about about 10,000 Bitcoin so yeah if

That doesn’t paint the picture for you I do not know what will continue to buy the dip for Bitcoin is what I am doing and we will see if that is go as always guys I share everything with you here on the channel if I make money then that’s

What you will see if I lose money then that is what you will see as well the main thing is I talk about what I’m going to do H beforehand and then we see the results over time just like with these trading strategies and by the way

Guys if you want to use these trading strategies as well massive profits on bitco and on okx go to the description of this video and watch my tutorial at the very top of the video this is a goal the pullback you saw yesterday this is a

Golden chance to buy the tokens you wish You’ bought 3 days ago meaning everyone were so bullish 3 days ago everyone wished today or yesterday that they had bought old coins three days ago right because beam were seeing massive pumps you saw many of these coins seeing

Massive pumps so these are some of the coins I am holding right now guys and uh by the way guys if you wondering about C and unade y u n kgd this is something I posted on uh Twitter on the 9th of February so this is almost what is that

Six days ago so almost a week and I’ve also added these ones now to the watch list here so um for the last week this has since I posted that on Twitter MBS or why un n kgd has gone up by 50% C has

Has gone up by 25% so why did I buy C and and this one because I know that they have some announcements coming so I wanted to share that with you and uh yeah guys make sure to follow me on Twitter because things happening fast in crypto and I share everything on Twitter

Obviously now s fund is still doing well as well at 21% this is a new one this is a smaller coin it’s only at uh what yeah $9 million in market cap so it’s up 60% as well for the last week however here’s the thing um you have to have an exit

Strategy as well for these coins there are few coins that I think are going to uh continue to go up really really hard throughout the entire bull market so for all coins you need to have an exit strategy basically beam is one of the coins I think is really going to do well

For the entire cycle but for many of these other coins you need to have an exit strategy and you need to make up your mind like you’re going to sell when it is XYZ or whatever it may be now I am going to talk about these coins moving

Forward as well uh but they’ve already had some massive gains from when I posted them on Twitter right especially for C and un kgd I think there is probably another I don’t know 70 to 100 uh% gain left in C and probably another 75 to 100% in unj JD as well not

Financial advice of course but that is if uh Bitcoin continues to uh hold up pretty well and do not see a massive dump as well as traditional markets as long as altcoins um are looking healthy then I do think that they are going to see some some healthy gains here moving

Forward but these are the bags I’m holding right now of course with smaller alt coins like this one it also means more risk so this could do another you know 10x it could also go down by 50% tomorrow because it is so small so that

Is the stage in the market that we are in right now I am taking more and more risks with some smaller alt coins as well because that is generally where you see the massive amounts of gains but you also have to be careful of course and if

You want to see more altcoin content let me know down in the comment section it seemed like a lot of you guys wanted more altcoin content moving forward so that is what I am obviously going to give you but just like I said guys make sure to manage risk have an exit

Strategy for how you’re also going to get out of the altcoins and when you are going to get out of the alt coins because just like I bought them uh right here I bought them five six days ago it doesn’t mean that I’m going to hold the

Entire bags for you know uh years and months in the into the future because you need to have an exit strategy as well um that is what I got for you guys uh thank you so much for watching this video and I will see you in the next one