THIS BITCOIN CHART WILL BLOW YOUR MIND! THIS IS JUST THE START!

THIS BITCOIN CHART WILL BLOW YOUR MIND! THIS IS JUST THE START!

Bitcoin is at a critical point right now and in today’s video I am going to talk about what I think is the next major move also I’m going to show you a couple of very important charts showing us what we can expect for Bitcoin moving forward so guys very important video today make sure to watch it from the beginning Until the End welcome back everybody my name is Chris bringing you cryptocurrency videos every day teaching you how to make money in this market if you’re new to the channel then make sure to subscribe and activate the Bell right now so let’s get straight into it and what you can see guys is that The Orange Box after having supported the Bitcoin price 1 2 3 4 5 six seven times we did have a breakdown so the Bears did take control yesterday and we had a push back I think this was at the same point when the news about the SEC had actually issued a Wells notice to Robinhood so the SEC continues to go after crypto we’ll get back to this later I do think that had something to do with with it so it meant that Bitcoin took a dive but look at this guys still the edge of The Orange Box is holding up the Bitcoin price so the Bulls did step in and they supported us one two three four five times here on the lower Edge at uh what is that $63,000 and we also had a push from Bitcoin the Bulls tried to push us above the edge of The Orange Box again but we are still inside so we have one full candle right now inside of the orange Orange Box in between $63,000 and 63,600 so once again we can see how important this Orange Box is and how the Bitcoin price is reacting to it so what we want to see right now guys is once again we want us to go above this point we were above it pretty comfortably here and I do think it was only a matter of time before we saw higher prices but then the SEC wanted to ruin the fund and uh yeah this is where we find ourselves but still if we can break through this point then I’m still expecting us to go up to higher prices eventually so let’s keep our eyes on that now one very interesting thing and important thing actually is that the traditional markets had a massively green day yesterday you can see at the 4 hourly time frame how we had this pump right here and today we’ve been going sideways for a little while now why is this important because every single time previously when we have had the traditional markets go up and Bitcoin go down eventually it had led into Bitcoin catching up so what we have here is the Bitcoin price in the candles and then we have the S&P 500 here in blue and you can see the S&P 500 has had a pump here the last few days while Bitcoin has mostly been going sideways but what I want to show you is and this is on daily time frame so it’s on higher time frames than this one which is on the 4 hourly time frame but I just want to show you the kind of overall thesis here here and the overall Vibe so let’s take this for instance and by the way guys if you zoom out you can see that on average Bitcoin follows the S&P 500 pretty well the only thing is that the gains are multiplied and also the losses obviously when we see big drops so let us look at this you can see that here in January of 2024 you had Bitcoin going down severely but the S&P 500 was actually going up throughout this point so what happened eventually Bitcoin started to catch up and Bitcoin went on a massive run so this is just the most recent example and if you study this chart you would be able to see it uh much more clearly as well so do we have another point when the S&P 500 has been going up and Bitcoin has been going down uh I guess right here you can see S&P 500 went up here whoops let us not do that actually uh so S&P 500 went up here in blue as you can see Bitcoin went down and sideways but then eventually you did see this big pop from $24,000 up to $32,000 right and uh I guess my God okay um you can see this I guess the same kind of thing right here as well with this overall thing here where you had uh sideways action for Bitcoin but S&P 500 going up yes Bitcoin uh then started to outperform heavily as the S&P 500 went down here as well so in general what I wanted to to point out here and what this chart is showing us is that in general when the S&P 500 is going up and Bitcoin is going down Bitcoin tends to catch up eventually even bigger gains to be had there um what I also want to show you is with the spot Bitcoin ETFs we have had now uh two positive days so that is fantastic to see and also even more fantastic is that grayscale have had two positive days so the first positive day ever for the grayscale uh Bitcoin ETF was um yeah on Friday and then yesterday we had another green day so people are starting to accumulate grayscale shares which is really really interesting and uh I wanted to show you this one as well so this is bitcoin’s growth trajectory after the fourth having so after each having how has the Bitcoin price performed well you can see that after the first having in blue here or green uh you can see it went up very high the second having in Orange we went up um a lot as well not as high as the first one the yellow one was the third having and after the having we went up but not as much as the previous two little while until we really start to see the crazy gains start to happen here so what this shows us is that if history any indication of the past if history just Rhymes well we are going to see big gains for Bitcoin eventually okay so I wanted to show you that and also just like I said the SEC issued a Wells notice to Robin Hood because they have been selling cryptos so uh yeah SEC they continue to go after crypto so the stock when this happened the stock for Robin Hood went down but then it went up and actually finished on a positive note so if anything what this shows us is that even the traditional markets are not taking the SEC seriously because they always lose these lawsuits they always you know create a lot of havoc and they want to go after people but uh yeah Gary Gensler is not really winning against crypto at this point but it’s very unfortunate to see that this continues to happen guys that is what I got for you a little bit of a shorter video today because I want to uh finally record and finish off that video with the trading strategies the update video for the trading strategies so hopefully I will be able to make that today guys uh so be on the lookout for that subscribe activate the bell and I will see you guys in the next one

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Timestamps:
00:00 – Intro
00:28 – Bitcoin analysis
05:13 – This chart is amazing
06:16 – SEC attacking crypto

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**Disclaimer**
Please be advised that I own a diverse portfolio of cryptocurrency as I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.

This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research.

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