WOW! THIS ALTCOIN CHART JUST REVEALED SOMETHING CRAZY…

WOW! THIS ALTCOIN CHART JUST REVEALED SOMETHING CRAZY…

guys today I am going to talk about the next major move for Bitcoin what I see happening but also for everyone holding altcoins I do have massive news for you because we are right now seeing a fractal play out a fractal that has led into crazy stuff for alt coins in the past so guys make sure to stick around from the beginning until the end of this video I will go through everything welcome back everybody my name is Chris bringing you cryptocurrency videos every day teaching you how to make money in this market if you are new to the channel the make sure to subscribe and activate the Bell right now so let’s get straight into it and what you can see for Bitcoin is that we are still on the 4H hourly time frame above The Orange Box here which is very very good so we’re still consolidating above this point the Bears tried once as you know here on the 4H hourly time frame tried to uh put us down below The Orange Box but didn’t manage to do so instead Bulls to control again and now we have not only closed several 4H hourly candles we have also closed the one two well if you count this it is three green candles Above The Orange Box so things are starting to look uh pretty decent here for Bitcoin and it’s looking likely if I had to take a educated guess about what the next move is going to be I am anticipating us to come up and go towards $68,000 at some point right so is it going to take a week is it going to take a month is it going to take a day well eventually I do think we are going to reach the $68,500 level so from a technical standpoint I still think that everything is looking really really good and uh yeah I still think that this Orange Box did a very very good job of holding up the Bitcoin price this is what I was saying when we went down here from this point it has already gone up pretty decently so that is good to see uh but for now I’m waiting for the $68,500 level now for traditional markets when we opened these ones up you can see that we have gone sideways which is good because after having a big pump here the Futures Market is at least not going straight down on the opening here instead we’re going sideways potentially a little bit tilting towards the upside even so that is a good thing as well so traditional markets Bitcoin looking pretty well now before I talk about this uh very important chart right here um I want to show you just one thing and that is that Warren is right now holding $188 billion in cash in shortterm treasury bills collecting 5.4% now every time Buffett has been holding record amounts of cash as the FED raises rates an epic stock crash happens within the next 12 months like it did in 2000s 2008 and 20120 so what this chart is suggesting that whenever Warren Buffett holds large amounts of crash in general we have seen a crash about 12 months uh after he started to accumulate like this okay so you had one right here in 2000s you had one right here in 2008 you had one here in 2020 and then you have had it also in 2024 where we are at right now so record amounts of money from Warren Buffett so are we going to see a stock market crash well we are about to find out I just wanted to point this out now for me I do think that Bitcoin is looking pretty good still and if we do see a crash in Bitcoin well then we need to go back and we need to look at these very key support levels to try to figure out where we should accumulate more Bitcoin right this is what I’m doing at least so if we see a stock crash it’s most likely going to drag Bitcoin along with it we can almost be certain about that but um yeah then it’s all about trying to accumulate at these key levels where we are seeing a high likelihood of a bounce just like we saw right here so um but let’s not uh get too ahead of ourselves I do not think that it is a certainty by any means of the imagination that we’re going to see a crash and uh yeah just because it has happened many times before doesn’t mean that it’s necessarily going to happen now but we will see about that now let’s talk about this this is a big chart it’s not a 3-we chart was originally posted by trading shot and what I want to show you is first you have the Bitcoin price with the regular candles here and then in the black line you have the others chart now the others chart as you know is the old coins outside of the top 10 so the alt coins that can go on you know 10 50 uh 100 x runs in a bull market so what I want to show you here is that we have a very defined pattern um you have this blue is a prehab face and then the green box is when we have had the having and what you can see here is that when you had the having in 2016 you saw the others chart so the old coins actually went down as Bitcoin went up so why is this typically the case that after the having everything uh apart from Bitcoin goes down in general but Bitcoin goes up well it is because obviously after the having there’s a lot of interest in Bitcoin everyone wants to get into Bitcoin as it has had a having and so people start to sell off their altcoins and Bitcoin goes up so that is really really interesting to see that uh after the having altcoins tends to go down have a little bit of a drop and then Bitcoin goes up and then after that altcoin goes on an absolutely epic run and I remember this very well especially in 2017 when I got involved in crypto you can see right here you have the prehab phase so you have Bitcoin bottom you have alt bottoms and then you have after the having the altcoins goes down quite a lot actually oh this is not 2017 this is in fact so this was 2017 so but still the same same kind of pattern happens here in 2017 as it did in 2020 so in 2020 after the having you have alt coins going down you have Bitcoin going up as everyone are interested in Bitcoin after the having but in this cycle you can see that we have a little bit of a different thing so instead of the altcoins going down a lot after the having they actually start to go down a lot before the having and why is that I think it has to do with the ETF because the ETF brought the same amount of optimism for Bitcoin as the having usually does so it kind of put that a little bit earlier than usual but after the having you usually see the after the of the having of the altcoins you usually see the altcoins going on an epic run in this kind of megaphone pattern so you can see right here we did have the having we did have a little bit of a drop for the altcoins and then after that massive epic run for the altcoins so now we have had the same thing Bitcoin bottom altcoin bottom and we have had the drop already actually before the having now we’ve had the having and now the question is are we going to have another drop in the altcoins I do not necessarily think so because the altcoins have gone down uh a lot already and typically what you see that the altcoins go down after the having I do think that a large part of that drop has already occurred into the having right so um that is what I believe and I do think that there’s going to come a point guys when you see this kind of run like you saw right here boom 2016 like you saw right here boom 2019 like you typically see we are not really there right now okay altcoins are chugging along here but we are not seeing something similar to these kind of price pumps for the smaller altcoins so I do think it’s going to happen eventually so it will be important to pick the right coins which I am going to try to help you with here on the channel so guys this is really what I got for you it was a little bit of a shorter video but I hope that you enjoyed it and uh yeah I will see you guys in the next one

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Timestamps:
00:00 – Intro
00:32 – Bitcoin analysis
02:26 – Big warning
04:24 – Massive chart

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