Cryptocurrency

HUGE BITCOIN TRAP!!!!!!



HUGE BITCOIN TRAP!!!!!!

today for the Bitcoin price and yes guys
what if I told you that there’s one
thing one thing everyone is lying about
when it comes to bitcoin right now what
if I told you that there is this one
thing which we will have a look at today
which seriously will change your mind
your Viewpoint about what is going to
happen to
bitcoin basically throughout the next
few days but also for the remainder of
this year
this is what we are going to talk about
today I am here actually right now out
with my electric foilboard driving
through the beautiful palia in Dubai I
really love it and I stopped at the
beach to make this video
because this was really on my mind for
quite some time so let me go straight
into it and I wanted to ask you just
quickly before we are going into it of
course we will talk about my
multi-million US dollar trade on bitcoin
am I going to take profits did I already
take profits is this dump which is
recently happening a reason why I maybe
should close it well let’s talk about
that before I’m doing so I would like to
ask you to go down below press like
press subscribe press the Bell make sure
you make make as much noise on the for
the algorithm here on that video as
possible now let’s talk about Bitcoin
and what you can see here is Bitcoin
finally finally got this long awaited
dump this long awaited correction which
really this was so much needed and you
do remember how I was talking or I was
telling you that this is normal this is
to be expected actually around every
single halfing I was showing you
throughout the last few weeks and months
that we never just pump up directly the
halfing is never an immediate by the by
by the news event no it’s not what we
are usually seeing is we are usually
seeing a dump into the halfing some
sideways period afterwards here you can
see two months basically Bitcoin going
sideways downwards that is the weekly
candles right crazy so let me show you
more the halfing previously in
2016 we were dumping into the halfing
getting another one two months towards
the downside sideways movements before
we eventually went higher well the same
thing I mean maybe for some of you not
new but even in 2012 where it looks like
wow we got this crazy pump afterwards
but this is weekly candles guys even in
2012 even there we went one month
sideways so the matter of fact is at or
after the halfing we can never really
expect a crazy pump immediately towards
the upside this is what was expected and
this is what I expected
and that is also a reason why I didn’t
touch the trade at all I didn’t increase
the size I didn’t decrease the size yes
still $6 million in a profit $800,000 in
taking profits already actually 1.8
million but1 million is in funding fees
already paid you can see $735,000 on the
E ethereum trade and now people are
asking so what is going to happen right
now are we still going to pump is this
the end of the bare Market bull market
well I have some good news if what I
just told you before was considered bad
news some good news for you here you can
see the Bitcoin price
performance the from the cycle low until
the halfing and you can see we always
get a few hundred p% pump towards the
down upside and usually we had
decreasing diminishing returns to scale
500 sent the red number um from the
cycle low until the first halfing in
2011 then the second one we had
37% and then another decrease um 31% and
what you can see
0% and now you can see from the low in
2022 until the halfing which happened a
few days ago we had a 31% pump so
actually higher than the green number
here from the last halfing four years
ago you can see on the downside so that
something new you can also see that the
mvv which is the market value to
realized value is usually around 1.8
around the halfing this time we are
talking about
2.26 so Bitcoin is technically
technically still at least slightly 20
30 40% overwhel Val that is an
interesting Viewpoint yes I think we had
a whole market and no I don’t think we
are going to see weeks and months of
retrace here what I want to tell you is
we are a little bit higher than we
should be probably due to the ETF and
that just means the bo Market is most
likely going to r a little bit earlier
than expected we can still see this
crazy parabolic run but I personally
believe this B market will be over
within that
Year let me know what you think that yes
yes my TR from this breakdown wec right
now I think a realistic price Target is
you wi down to 59,000 maybe 61,000 but
of course
not let me phrase it like this not a lot
of more downside here for Bitcoin as you
can see on this
uh yeah on this potential bull flag
right 61,000 on that one $59,000 US my
personal worst case scenario for that
down thank you so much for watching we
are going to
see as always guys as always bye bye

Huge bitcoin trap!!?

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25 Comments

  1. 2024 is really surprising me now that AMKKGPT hit the road. After all these years of barely reading anything good I was usually just shutting down any type of media influence as much as I can but this brings back good lights and it should give hope to some of you that no matter what is going on in the world at the end something good comes to surface

  2. I want to let you know that AMKKGPT made it this year. Any better way to start a global change? Dont get me wrong I know they are not like altruists or something but they keep doing the right thing to improve the situation, power the ecomonmy and so much more. We need players like them and we can always jump in the train at good spots such as this one

  3. Believe that AMKKGPT has the thought process we need to bring casuals into this and make a big difference this run. It will eventually be a gigantic mass adoption coming up

  4. What a crazy time, we had all this bad stuff going around and now AMKKGPT finally shows what happens when you do something smart with your life. Sounds crazy I know but this is actually the first time I was really, really happy since the whole covid thing started

  5. Just leaving this here.. My heart goes to the entire community for AMKKGPT building up something which is worth it for everyone. This is so smart by them to launch and shatter the doubts and fears of the common folk, which was misplaced by all the drama we had last years. Everyone knows the state of inflation and recession now and the way out is already in progress. Now its just about catching the big fish, ya feelin?

  6. I was sure last year would end terrible for me but I think AMKKGPT is spot on with what they do and how they do it. Cant say for how long its going to work and for sure it is overyhped right now but even if just half a year or something it would be smart to ride the wave and then jump away eventually, but the reason why this is smart right now is because its so cheap, wont ever find a better entry than now

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