BITCOIN DROP EXPLAINED – WATCH BEFORE YOU BUY OR SELL! TESLA STOCK +20%
good morning gurus welcome to another
episode I hope you’re having a beautiful
day just woke up we’re going to jump in
charts for Bitcoin the news right now is
the Sam um
Samurai Builders the people that build
the samurai Bitcoin swap got arrested by
the Department of Justice because
they’re allowing private um transactions
with Bitcoin that’s the major news
that’s happening Tesla pumped yesterday
um after the earnings report up around
12% which is beautiful we bought it at
141 the day before if you followed my
videos meta dumped yesterday after a
massive earnings beat on the worry that
they’re investing too much in Ai and VR
or meta Quest even though the meta Quest
is incredible and I think it’s a smart
move by Zuckerberg but I did sell meta
one month ago to um start buying the dip
in Tesla because meta was overbought we
bought at $88 went to $500 time to sell
the top of the and I’ll show you on the
trend line as well hit the Subscribe
button Smash Up Thumbs Up Button turn on
the Bell let’s jump into technicals for
Bitcoin now
now we’re going into technical Bitcoin
and you can see yesterday Tesla was up
12% um exom starting to look like okay
bias 2% Unity 2% Google down a little
bit um meta getting hammered in after
hours but first let’s jump into Bitcoin
64,500 Bitcoin breaking down from
yesterday’s video I to I warned everyone
in yesterday’s video I saw this um
Rising wedge and I told everyone watch
out it looks like it’s a r Rising wedge
and we broke down um target of the
rising wedge and the true price of
Bitcoin in my opinion is
59k why I sold was because I saw the
volume so this is the weekly charts on
bitcoin you’re watching Bitcoin move
over time um this was the 2021 bull
market high and volume still much higher
than it was during the 21 bull market
higher but something that’s
important um on the weekly third to
Fourth corrective wave is in effect not
yet confirmed if it’s finished we keep
getting big bounces off 59k there’s a
lot of support the major areas of
support are 47 I would say
52k 51k and 49 uh 59k these are the two
major areas of support stochastic still
very overbought though on the weekly and
the monthly just keep that in mind the
time to buy Bitcoin was at 15K when we
were buying it in
2023 at the bottom when the stochastic
was oversold that was the time to buy
Bitcoin heavy the time to sell Bitcoin
is over here when the stochastic is
massively overbought like with meta um
just to keep that in mind learn crypto
Guru the crypto Master course if you
don’t know what I’m talking about I
highly recommend you try you learn so
you understand crypto Guru bought fire
to Blue by in February 2023 still Blue
by now one of the indicators that you
use let’s go
closer on the daily chart
stochastic trying to head up volume why
I saw Bitcoin is I saw this big drop
drop in volume um you can see here this
is the Bitcoin volume how much Bitcoin
is being bought and sold and you can see
about 4 days ago the volume after the
Haring after the Haring the Bitcoin
volume cut in
half almost you can see this was the day
before the Haring and you can see volume
on bitcoin we were sitting at traded on
derivatives on bybit the volume was
around 238,000 Bitcoin the day before
that 153,000 Bitcoin so the day before
the Haring 2 8,000 Bitcoin the day of
the Haring 82,000 Bitcoin so Bitcoin did
have the volume haved 82,000 68,000
104,000 78,000 yet that’s the day I sold
then yesterday in the morning I sold and
then we had this big drop 124k Bitcoin
but you can see it’s haved compared to
that 238k Bitcoin the day before the
Haring so the volume on bitcoin did
actually Bitcoin did have but it was the
volume that hared people just lost
interest after the Haring and in my
opinion most likely if this symmetrical
doesn’t hold 50, 51,000 is the Target
but I do expect a strong bounce of
59k just keep that in mind if there is a
I do expect a strong bounce of 59k let’s
go closer 4 hourly volume picking up
after the drop um I sold here just
before the drop CU I was worried about
the volume that was a very good call
whoever watch my video I’ll show you on
bitcoin look it plays out like this
usually builds pressure builds pressure
and breaks down Target would be
59k oh okay it looks like I’m
closing trades on bitcoin on the 4
hourly and the daily because of the
volume dropping off so I go over to my
trade we got quite a good bounce here uh
my Bitcoin trade $
6,674 in the profits
close that was hours ago I made that
video9 24 hours
ago and 24 hours later that breakdown of
the Rising wedge as I predicted has
played out and broke down saved myself a
lot of money which is beautiful um my
place to open the trade is at 59k I
would take a trade here to get to the
bounce to go to the top of the channel
if it manages to hold this symmetrical
triangle if it holds this symmetrical
triangle then there’s no worries when
you zoom out you can see that this
symmetrical triangle playing out on the
daily um you can see here if this
manages to hold 59k we can just have
some sideways action moving across going
into August and then on August 5th which
is 70% of the move 70% of the move we
would have a breakout so it can build
pressure like this and then break out
August 5th if we managed to hold this
59k in my opinion with the volume
dropping so strongly I don’t think so I
think um most likely we come down to
52k so just keep that in mind but a 59k
I do expect the bounce and I would take
that bounce like I did the previous one
when we took the Bounce from 59k to 66 I
would take the same
bounce um trying to catch a bounce off
that 59k so I would open a trade at um
59,0 479 stop loss 5913 take profit 67k
risk toward 20 times risking $365 per
Bitcoin to make
$758 per Bitcoin with no leverage so
again risking $365 to make
$758 with no leverage 20 risk to Road
ratio um it opens at 59,000 The Gray
Line is where my trades always open
59470 stop loss
59,230
7,000 if you want to trade Bitcoin like
you’re seeing me do underneath the video
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there’s 9,000 Traders usually between
100 to 400 of you online online right
now there’s 106 of you online um The
World Is Ours over 8 million 8 billion
worth of shorts will be liquidated if
Bitcoin touches the previous 74k um this
guy shorted yesterday from 60 64k made
66% small short but still short 49% nice
um give me your money I’m a politician
then give me my money it’s so true
President Biden proposed a 44% capital
gains tax that’s crazy crazy um this guy
good call Guru I shorted made 106% which
is beautiful from yesterday’s drop and I
think it will play out I think we do
drop um this symmetrical triangle the
main support and as I’ve been saying the
true price of Bitcoin is
59k um I’ve been saying that for a while
the true price of Bitcoin 59k so that’s
where I’d be taking this is the long
that I would take um over on buy bit I
have no trades open I closed my Bitcoin
trade yesterday in profits um which is
beautiful you can see here I bought the
bottom you can see these buyers buy at
59k and I sold at 66k which is very
smart funding fee 0.01 my Bitcoin trades
are closed I’ve got a Bitcoin two
Bitcoin trade to open at 59k as I showed
you two Bitcoin trade open with 59k 64k
currently no active trades now in this
account
630k I sold yesterday um
after it went from in the last week from
614 to 641 to now
630 I’ve got um cash 64,000
usdt here plus 316 so I’m about four
almost 400 or 600 uh 300 + 6 316 + 64
I’m 370,000 in cash from 630,000 so I’m
more than 50% in cash I’ve got big I’ve
usdt 316 Plus so I’ve got about three
almost 400k usdt I’ve got one Bitcoin
for 64k which I should have closed saved
3,000 yesterday but it’s okay mcrt I
didn’t close any down 3% still holding
um I’m the seed early seed investor in a
lot of these projects and a lot of these
companies so keep this in mind um pocket
I sold some yesterday but I had orders
to sell if you watched my video I put
orders to sell but they didn’t close out
Doge I closed 50% it dropped 4% World
close coin I call 50% it dropped 10%
Unis swap I closed a lot of it it 50% it
dropped 2.7% but not all the orders of
EX of yesterday executed I’ve got
Bitcoin by one Bitcoin at 59k I’ve got
these orders of pocket see they did not
close yesterday unfortunately it closed
a little bit of my pocket but not a lot
of it before it dropped a lot it would
have been great to close out that Pro
pocket all when I clicked to sell you
can see here I clicked to sell
pocket
um I clicked the sell pocket yesterday
at
17 172 now it’s 158 it dropped down to
13 at some point it would have been
great to close but unfortunately it
didn’t fill those orders on Pockets so I
lost quite a bit there yesterday I’ve
got buy orders on Doge and uni Swap and
pocket at 0.09 world at $280 so I try to
close out most of my positions to then
Reby um lower but unfortunately that
didn’t manage to Reby that pocket um and
over x uh Tesla pump 20 uh Tesla pumped
12% yesterday which is
beautiful Tesla Tesla up 12% yesterday
perfectly bouncing off that 141 buyers
if you followed my buy videos it bounced
all the way to
147 um sorry it bounced all I bought at
141 yes the day before yesterday then
the earnings cor pumped it all the way
to 168
so from yesterday’s buyers that was a
total
move of 20% on Tesla which is beautiful
and then pull back a little bit from 168
to 162 but in my opinion nice buy is
starting to form on bitcoin on on Tesla
and you can see the overall why you can
see the overall um formation here is
coming back to this main yellow trend
line if it breaks this line 101 is next
next if there isn’t I mean we did have a
very strong bounce here off this trend
line but if the whole markets go down um
which is most probably like look what’s
happening but what you can see here on
the bigger time frames 66 out of the
question in my opinion what you see here
on the bigger time frames is something
very important that I want to show you
what you’re seeing here is a giant
symmetrical triangle that’s playing on
Tesla a massive one that if this plays
out it builds pressure builds pressure
builds pressure breaks out 70% of the
move which is here where we we are close
to breaks out 70% of the move to the
base of the triangle so the move that
you’re talking about on Tesla is
something like
this with a target of
$578 for Tesla um which will be
beautiful and again this is a giant
symmetrical triangle and again usually
these giant symmetrical triangles plays
out in a very specific way they build
pressure build pressure build pressure
break out 70% of the move 70% of the
move will put us right here at this
point on on 29th of July and they
usually move the base of the triangle
Target
578 um that’s my updates in the market
over on Twitter you can follow me on
Twitter there’s crazy stuff happening
around the world right now 84,4
followers um yesterday my video Bitcoin
dangerous warning I sold and Tesla stock
huge pump and I added um more Tesla here
2 days ago you can see I add at 141 I
added to Tesla 141 um which played out
perfectly two days before the Tesla pump
um Justin US Government seeks threeyear
presence sentence for ex binance CEO
Jing Z which is crazy because if you if
you know about binance if you followed
CZ you know that the market was a wild
wild west of crypto markets before um CZ
built the binance exchange in
2016 that it was like a crazy show
that um exchanges were terrible that
crypto was a wild wild west CZ came in
made binance and it was the best
exchange it worked really well no one
was trying to steal your money it’s
crazy crazy what the US government doing
to him very sad um day for people um you
are amazing James Bitcoin is going down
like you said I Sav my money thanks
because of you thanks for you sharing
your experience with us I really
appreciate it James I love your episodes
thank you Mo um the samurai wallet
Founders are arrested um because they’re
trying to bring privacy to bitcoin which
is crazy imagine if this video was out
at tahan University in Iran our
politician media would have endless
calls for a regime change University
students around America are protesting
the um Israel Palestine um War that’s
going on I wouldn’t even call it award
it’s kind of one-sided but um they’re
protesting it and then police came in
and broke up the protest that’s crazy um
this video is one of the most viral
videos ever seen on social media that
I’ve ever seen on social media close to
2 million likes it’s about United States
Congress the American people had enough
we need term limits and check out this
video a daily reminder that these are
the people that actually decide
basically everything on behalf of the
entire country where our money gets
spent how much we pay in taxes whether
or not Tik Tock gets banned what’s
considered Freedom what’s not amazing
video explaining term limits and how all
the the politicians are 60 plus years
don’t even know how to connect their
phone to the people worked a real
job in probably 30 years and
also keep in mind that once you get
voted into one of these political
positions you get paid at minimum like
$200,000 for the you can check out that
post um one month one month later on
meta and Tesla I have now also sold
Tesla Google meta TSM moving into mainly
cash I trust my gut and experience you
have to do your own due diligence and
consult your broker this was when I said
one month ago Bitcoin and Doge warning I
sold I set lower buy orders in the blow
video for crypto I also set buy orders
for stocks I’m mostly going to be going
into Tesla after I see how the market
does and I started buying Tesla at 170
and 141 after I sold those positions
which is beautiful and you can check
more on my Twitter there as well again
all the links every on down below um one
is the exchanges that are used for
trading two is the courses you can take
and three join us in the telegram and
chat with the other gurus that are in
there um trading and talking together
thank you for watching that’s my updates
in the market on Tesla and on bitcoin
hit the Subscribe button smash up thumbs
up Buton turn on the Bell um vote out
any politicians that take away your
freedoms always remember this if they’re
saying anything to do with take out your
take away your freedoms vote them out
love you all have an amazing day and
I’ll see you all again tomorrow
I talk about bitcoin drop and how I predicted it yesterday on technical analysis. Also, I talk about Tesla stock and how I predicted It’s +20% move up and also I talk about meta and Crypto news.
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Disclaimer: Not financial advice. Do your research.
#bitcoin #crypto #tsla
22 Comments
Good morning James
No sound
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I sold and bought back a little more on the bounce. Saved some $$$ in case it goes lower.
Ok now
Hope you talk about solana
Tomorrow pump will start back up
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, made $60k from trading last month and am so happy about it😊…
I'm favoured financially with Bitcoin ETFs, Thank you buddy. $63,700 biweekly profit regardless of how bad it gets on the economy.
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2023
Thank you crypto guru ☀️
Dude, there r no hairdressers around? 😂
i followed your btc sale yesterday. thanks for the heads up
Do you think bull market continue untiol 2025. December. Or it's finish 😢 mistake by all in alts 😢😢
Been buying and accumulating Tesla since 2019! It’s been a bumpy ride! If it’s once thing I know is that it can have drastic ups and downs. Time in the market beats trying to time the market.
You see the inverted head and shoulders on daily?? Zoooooom out lol
Mcrt 🎉🎉🎉
crypto is king
excited to be at the beginning of new money
Great video james! love it 🔥
this is the money of the future
excited by crypto now