Cryptocurrency

SELLING MY BITCOIN



SELLING MY BITCOIN

am I selling all of my Bitcoin right now
no definitely not I will never sell all
of my Bitcoin but sometimes when we see
that the trend is about to go down we
can take profits by selling or we can
even short Bitcoin which I did on
bitflex and uh that short position I
want to give you an update on because
shorting Bitcoin on bitflex is a way of
selling Bitcoin without actually selling
your Bitcoin so you basically leverage
trading on the short term so uh um I’m
going to show you right now because this
um is easier to explain while showing
the actual position so this is the
Bitcoin price as you can see right there
we are over on bitflex link down below
of course if you want to sign up it
takes less than 20 seconds and they will
give you up to $68,000 in bonus uh when
you make your first deposit but look at
this so Bitcoin isn’t a downtrend here
um obviously if you zoom out we are in
an uptrend so that is always a a big
question are we in an uptrend or a
downtrend On and On which time frame on
the weekly we are in an uptrend on The
Daily um you can also make the case that
we’re in a in an uptrend or like
sideways I would say if you go to the 4
Hour like this then you can see that we
have uh lower highs like this and also
lower lows that is um the uh definition
of a downtrend in fact um obviously you
could make the case that this is say big
like uh bull flag or something or like a
bullish pennant but but um on the short
term here it doesn’t really matter
because we can short uh Bitcoin um in
the in the smaller time frame and make
money um before we potentially head
higher so uh I opened up this position
here on my live stream um on Wednesday
when we were there with Bitcoin uh sorry
with DaVinci me and DaVinci we both
opened up this uh short position
uh right now we made $2,000 on it um
it’s um it’s a 16x leverage position
over on bit Flix right there um and um
well I’ll show you here so we opened up
the short right over here because we
were breaking down out of that smaller
uh Rising wedge if you guys remember
right
here like this and um the target like we
explained on Wednesday
is this blue line down here which is the
bottom of the wedge which in this case
is
approximately 60,000
$800 so if you guys are in a short
position on bit Flix right now let me
know in the comments how much money you
made uh on my account here made $2,000
which is great um it is
something but let me know in the
comments I want to know you your your
guys’s profits uh but the question is
where is the the target if we had even
lower than that because some people were
asking what if we break
what if we break uh the blue line here
well to be fair that means we could go
uh as low as
potentially um I would say let’s see
here these levels that could be a nice
way place to retest uh
52.5 uh another big level could also be
down here at 44 approximately but yeah
we we we shouldn’t um talk about that
unless we actually break down because
right now we haven’t broken down yet
we’re still actually above critical
support which is very very good um I
also on Wednesday opened up a uh xrp
short position we made $200 not much
from that just something it’s a $112,000
position um and um yeah we we shorted
xrp because of the uh the breaking of
the downtrend here or sorry breaking of
the uptrend so if I zoom out here uh if
you guys remember we have this long-term
uptrend right there there we broke it
and we even retested right there and on
this retest me and DaVinci shorted bit
uh shorted xrp over on bitflex here by
the way guys go to bitflex and click
more and then go down to rewards hub
because here you can claim your free
Flex Points every single day look at
this I click check in every day I check
in I get free Flex Points and when you
make trades when you make deposits all
of these things you get free Flex Points
look at this I have right now
300,000 Flex Points and if I go to the
flex shop look at this guys this is the
fun stuff I click
here I will end up here and then you can
claim free stuff you can go to the gold
prices here for
example and then you can get a Gucci bag
for free or an apple Vision Pro for free
I am saving up for the Gucci bag um let
me know in the comments what you guys
want to save up to in this uh Flex shop
because yeah if you haven’t signed up to
bit flex yet now is the time it takes
less than 20 seconds and especially when
you are in a country where buybit is not
available bitflex is perfect perfect
solution um and uh link will be down
below to buy bit I also have a link you
get $50,000 bonus in sign up bonus to
buy bit um and um yeah if you haven’t
been to Dubai before you need to come to
Dubai it is the best place in the world
especially for crypto people um if you
want to learn more about Dubai you can
go check out my Vlog Channel where I
make Vlogs about my life in Dubai my
latest Vlog is popping up right up here
right now go check it out see you over
there bye-bye

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