WARNING TO ALL BITCOIN HOLDERS…..

WARNING TO ALL BITCOIN HOLDERS…..

Bitcoin right now is absolutely pumping
sideways big time after a rejection off
of its first tip touch of the 21 daily
moving average since falling below it
back on April 12th but what if I told
you that what’s about to happen next to
bitcoin isn’t just extremely big it’s
very extremely Mega big right now the
price of Bitcoin is still ranging it’s
been ranging and just trading in the
same range sideways for the past two
months what if I told you that this
perfect storm of price sideways this is
about to turn into something that you
will never forget so if you love gainers
Pumpers dumpers and everything in
between hit that like hit that subscribe
get send up to fex or bingx below if you
bu Bitcoin or altcoins and without any
further Ado let’s absolutely dump into
this chart where Bitcoin has just been
trading sideways right just completely
ranging if we zoom out and we look at
this we have just been doing what coin
does best sitting in a box and in fact I
am also in the middle of building a box
a greenhouse box uh or Greenhouse uh
because I’m on a mission to grow
extremely hot peppers you’re talking
ghosts I’m talking Carolina I’m talking
scorpion i’m talking about the hottest
peppers you could ever imagine so before
we get into the video maybe if you have
any recommendations on growing the
hottest peppers known to man which is my
goal uh maybe leave maybe leave some
recommendations in the comments but
without any further Ado let’s absolutely
dump into this where Bitcoin right now
actually just got rejected off the
21-day moving average over the last few
days the the beginning and middle of
this week and we had that rejection more
so on Wednesday the 24th we got a pretty
big rejection um but something actually
big is happening if we look on the daily
chart for Bitcoin as well Binger bands
still extremely tight we have still not
gotten this bullish cross on this macd
that we got very close to on Tuesday
right we were about to have those tips
touch okay but you know what they say
the first time the tips touch is never a
good thing okay but anyway we’re getting
close to having the second tip touch and
potentially um you know when we see this
thing really start to swing for momentum
you know pretty much get your shorts
ready cuz we’re not short positions like
your physical shorts that you’re wearing
because things are about to be
insane in terms of price pump but
obviously we would need to break that
21-day moving average first which we
have so far just gotten rejected off of
now I want to actually take a step back
here so uh neste xbt on Twitter tweeted
this uh the fractal that has been
guiding us the third for the third cycle
suggests a top is possible in Bitcoin as
early as August whoa whoa whoa are you
telling me that it’s potentially the
case that Bitcoin uh could let’s
actually zoom into this could be
initiating a top as early as August of
this year because if that is if that is
realistic if that’s a possible scenario
what that means is that we could see a
top within Bitcoin in the next couple of
months now that absolutely would fit
further in line with a left translated
cycle and it would absolutely let’s be
honest it would absolutely catch a lot
of people off guard if you heard me say
that if you heard me say what what this
tweet says that potentially Bitcoin
might top and just three or four months
a lot of you are probably listening to
that thinking that’s a bunch of baloney
are you kidding
me that’s dumb you might even be
thinking that’s stupid but uh is it it’s
absolutely possible and now if Bitcoin
tops out that doesn’t necessarily mean
that altcoins top out you know maybe
altcoins run a little bit after Bitcoin
tops out which is most likely the case
period in general I mean you look at a
Bitcoin dominance chart right Bitcoin
ended up like the the cycle top for
Bitcoin was back in about November of
2021 and if we go to the Bitcoin
dominance chart what was Bitcoin doing
back in November of 2021 Bitcoin uh had
some dumping to do right this was when
Bitcoin topped out but then it It
ultimately dumped a fair amount in terms
of dominance it pumped back up towards
the summer of
2022 uh and you know exactly also the
much bigger thing was here in January
2021
from January 2021 to May 2021 Bitcoin
dominance went from 70 over 70% to about
40% okay from the beginning of January
to about 4 months later in May of
2021 well what if we go to that that was
right about here this whole range
Bitcoin just traded sideways right at
the
top it just traded sideways but altcoins
exploded and that’s evidenced by
this this massive drop right if you look
at the Bitcoin dominance chart you see
this massive drop in that four-month
period but then you look at the weekly
chart and it’s just trading sideways and
you think well you know that’s kind of
crazy well that’s exactly what happens
Bitcoin trades sideways when it tops and
then um altcoins blow up a lot so and
then again we had the the second top
which is just a couple thousand dollars
higher than that it was an interesting
cycle but it was a cycle that nobody
really expected and that’s why I think
it happened same thing here this is
possible I’m not saying this is my base
case um but I’m just saying this is a
realistic possibility that maybe Bitcoin
could top out in the next few months
altcoins might run for a couple months
after that but then maybe the cycle
either does what it always does or maybe
these institutional inflows and change
and differences of the actual um you
know supply and demand of the market and
also more so just the institutional
interest and involvement might change
that or maybe in my opinion most likely
is is that we’ll just get a typical bull
to be Market or sorry be to or no yeah
bull to be Market which is what we’ve
always seen so all I’m saying is I think
it’s very realistic that you know
Bitcoin is literally just trading
sideways here just like it has in other
Cycles but maybe we’re about to actually
see this massive explosion in price to
the upside soon sooner than people
expect maybe higher than people expect
but also it might end higher than people
expect okay what is the what is the
number one pain scenario for a pump in
this market what is the number one
bullish scenario that’s the most painful
for the most people is that we explode
we go up a lot and that’s where people
start to get greedy like always in a
bull market and then it ends up topping
out and going down way earlier than most
people expect and almost nobody takes
profit that is the number one bullish
pain scenario and basically you know if
that happened in just the next few
months how many people would be caught
off guard a lot I mean I personally
would probably be pretty shocked by that
I would be like you know what the heck
this is crazy but anyway we also have
this chart Matthew Highland talking
about the S&P 500 attempting to actually
make weekly bullish Divergence we look
at the SP 500 it has had a green week
for the most part uh it’s been actually
relatively uh a good week for the SPX
the first decent week since um March the
midle middle of March really and so if
the SPX gets back on track I fully think
Bitcoin uh has a higher chance of also
getting
bullish but primarily um consolidating
in this range from 60,000 to about
65,000 or 66,000 is just the name of the
game right now and as long as we have
daily closes above 60 and Below 66 this
is just pure sideways pure ranging okay
we need some definitive daily closes
above 60 or or sorry yeah below 60 or
above 66 for this trend to change and
honestly it looks like we could be
seeing we could be seeing a bullish uh
Trend change in the short term soon but
we really need a confirmation with at
least a couple of daily closes above 60
uh 7,000 or about 66,000 right now it’s
just a 21-day moving average so
depending on where that’s at um but
ultimately I mean Bitcoin dominance is
something that we uh really should start
watching more cuz I mean look at this
chart also right now Bitcoin did just
have a little Spike up um if we actually
initiate bitcoin’s most explosive upside
portion of this bull market we will see
another pretty explosive upside Candle
on the dominance chart um and so uh TS
will still not pump for a little bit
until Bitcoin most likely tops or
reaches at least a significant range
above its previous alltime High highs
which is around 70k or more specifically
69k nice also the dxy has been
initiating a little pullback but nothing
significant really it’s kind of boring
as well altcoins are just slowly
bleeding out I think that at this point
if you don’t have altcoin positions this
is not a bad entry if you don’t have
positions for I mean let’s look across
the board right now ethereum’s about
3100 Maddox about 70 a is about 46 cents
Salon is about
$143 link is about 14 XR p is
perpetually at 5050 cents for the rest
of Eternity and then we get into some
other smaller
alts I mean these alts are historically
not super expensive right now we could
absolutely have a one big drop that I’ve
been you know referring to potentially
for a while but honestly if we look at
the weekly chart for
Bitcoin it has been four weeks of kind
of slow bleeding which is one very
boring two it does kind of shake people
out in the sense they stop caring about
crypto as much and they tune out a
little bit right look around the board
like people aren’t tweeting as much
people aren’t posting as much videos me
specifically cuz I’m building a
greenhouse to grow insanely hot peppers
which is actually insanely cool by the
way but then also um you know people
aren’t getting as much views on their
videos cuz everything’s boring right now
it’s just so boring I don’t even I’ve
been looking at the chart 10% 5% as much
as I usually do and um and that is
honestly exactly the scenario we have
before we have like really exciting
moves basically before things really
really get exciting they need to get as
boring as they possibly can be that’s
just more so how it goes more often than
not if if if people are being honest
with you the crypto Market is like 95%
sideways and then like a little percent
of the time it explodes to the upside
and a little percent of the time it
dumps massively to the downside but like
most of the time it’s just sideways most
of the time it’s relatively boring but
as I’ve been saying I think we are about
to enter the most exciting the most
financially rewarding exhilarating part
of the cycle and it could happen like
that it could happen tomorrow it could
happen in a month from now um but
ultimately I think that that uh
basically max pain scenario for this
current consolidation this current
constructive price action needs to be
maximum boringness basically and gets
send up to fix or BX below if you my
Bitcoin or altcoins without further m is
it for me
[Music]

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