THIS $6,000,000,000 BITCOIN MOVE IS HAPPENING TOMORROW!

    guys today we are going to talk about
    this drop for Bitcoin yesterday Bitcoin
    had a big drop and we’re right now being
    supported by my Orange Box is this going
    to continue to support Bitcoin moving
    forward today guys I’m going to talk
    about exactly that I’m also going to
    talk about some longer term charts which
    makes me very confident in Bitcoin still
    so if you’re doubting bitcoin’s
    potential for the future make sure to
    watch this video and also tomorrow we
    are going to have big volatility due to
    some massive events happening this is
    actually several billion dollars worth
    of crypto that is on the Move tomorrow
    so guys make sure to stick around from
    the beginning until the end of this
    video 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 and before
    we talk about the Bitcoin charts here
    guys let us look at the overall crypto
    market and what you can see is that this
    is a huge red day we have some altcoins
    well most altcoins are down between 8 to
    12% some altcoins are down you know
    15% so um yeah big red day it’s one of
    those days for the crypto markets and uh
    yeah this is obviously due to the
    pullback you saw for Bitcoin yesterday
    but look at this guys we saw this
    pullback and what is the reason for this
    pullback well the traditional markets
    did also see a big drop at the same time
    here so traditional markets had a
    pullback and it had a big effect on on
    the crypto markets as well here so um
    also Joe Biden came out yesterday and
    said that they are going to impose crazy
    taxes on wealth even unrealized gains
    they’re going to start to tax and I’m
    going to talk about why that is later on
    in this video but just know that we did
    have this pullback that had to do with
    the traditional markets pulling back and
    then Bitcoin also did that but we are
    now at The Orange Box and you know that
    this is a very strong level now uh this
    level has actually been broken
    previously but it took a lot of effort
    from the Bears to actually manage to
    break down below this point you can see
    how many times even on the 4H hourly
    time frame we were supported here and if
    I go to the Daily time frame it is
    looking like this on the daily time
    frame we are obviously above this point
    here and look at on The Daily we were
    supported 1 two three four times four
    days in a row and then the fifth day we
    had a pullback and then we had a pump
    above this point again so
    at least the Bulls took control again
    here and pumped us above this point but
    here’s the thing when you saw this drop
    from The Orange Box you can see that the
    next level of support on my orange line
    was
    $61,000 and that is exactly where we saw
    the Bulls defend this area and we had a
    push towards the upside now if we see a
    pullback from The Orange Box well this
    is the next logical point of support for
    Bitcoin at
    $61,000 now since we have gone down to
    this level previously we already had one
    big bounce from this point if we come
    down to it again I’m expecting us to not
    have as big of a bounce towards the
    upside and uh the longer we hit the same
    level as you can see here we hit it one
    two three four times and the fifth time
    we went below so every single time you
    hit the same level it becomes weaker so
    we’re not going to see as strong of a
    defense here by the Bulls if we come
    down to this point again now hopefully
    and it’s still a likely scenario that we
    could still have this Orange Box at
    63,000 and
    $64,000 um hold up the Bitcoin price but
    I’m talking about if we break through to
    this point then we do have
    $61,000 right here and then the major
    one and this is a huge one it is at
    57,7 approximately or
    $58,000 so this is going to be an orange
    box with massive support just like you
    saw with the previous points here in
    which you saw also big support so I just
    want you to be be prepared for that if
    we start to break down further then
    these are the levels you need to watch
    now for me I’m still holding I am not
    selling my Bitcoin I’m still very
    confident in Bitcoin I’m still very
    confident in the long-term projection
    for Bitcoin going up higher like I said
    I’m going to talk about that later on in
    this video but I just wanted to show you
    that and also on the day on the sorry on
    the total uh chart on the weekly time
    frame this is the entire crypto Market
    you can also see that we have one very
    key point of support here at 2.12
    trillion so uh we are slightly above it
    right now so we could in the total
    crypto Market uh go down another few
    percent here and uh if we do that then
    the altcoins are going to go down uh
    probably more than Bitcoin so Bitcoin is
    probably going to regain strength if we
    come down to this level again um but I
    just wanted to point that out as well
    that on the total chart which is the
    total crypto market cap we do have a
    point of support here also now when it
    comes to some shortterm stuff happening
    tomorrow you have 6.3 billion doll worth
    of bitcoin and ethereum and crypto in
    general expiring so this means that a
    lot of people have been betting on the
    price in which the price is going to be
    at tomorrow so they are obviously going
    to try to influence the Bitcoin price
    here and trying to influence it so it is
    at a certain point when these options
    expir tomorrow so be prepared for even
    more volatility tomorrow guys just
    wanted to make that also very clear now
    in terms of what the next major Outlook
    is for Bitcoin over time as you know
    guys Arthur Hayes did say that uh he was
    expecting Bitcoin to take a little bit
    of a beating around having now this is
    obviously something this is a no-brainer
    this is typically something that in
    general the market was expecting because
    you know it’s a buy the rumor sell the
    news we always knew knew that there was
    that possibility of short-term pullbacks
    around the having as people are taking
    profit on the Bitcoin they bought
    previously as they having happened now
    what Arthur Hayes is also saying though
    is that there’s going to be a liquidity
    crunch here essentially as Sovereign
    depth bubbles begins to burst so what is
    he talking about here let me show you
    this and this is the same for many
    different countries as you can see the
    interest rate payments on the US debt is
    completely out of control it is going
    vertical here so 3 years ago the annual
    interest expense on the depth was
    $450
    billion there’s a 144% jump right now as
    the total US debt has surged by over1
    trillion since 2020 so just the payments
    on the interest is $1.1 trillion now
    here is the thing taking on a little bit
    of depth can stimulate the economy can
    do this and that and um it could be fine
    for a period but as you take more and
    more depth which the US government has
    been doing and like I said this is the
    same for many other countries um
    certainly the European Union as well so
    as you start to take on more and more
    depth basically you have to take out
    depth just to pay off the interest on
    the previous depth and that is when
    things start to really spiral out of
    control so that is what R2 haes is
    referring ing to right here so you’re
    going to see a global depth crisis so
    the bubble is going to burst and what do
    we have left we have real assets Fiat
    money is just you know numbers printed
    out of thin air okay that is Fiat money
    Bitcoin is something real real estate is
    something real gold is something real so
    these things are going to be what
    matters over time so that is why even
    though you see short-term volatility
    towards the downside here who knows
    maybe we go down to the uh Orange Box at
    $58,000 I don’t know maybe but I’m not
    going to be worried I know that I am not
    over leverage I can manage my positions
    I have a big spot position of Bitcoin
    and everything as well so that is fine
    and uh just make sure to not get wrecked
    and over time Bitcoin is going to stick
    around more money is going to be printed
    eventually and uh that is really the
    only way they can get their way out of
    these kind of situations and when that
    happens assets are once again going to
    show strength and we’re going to have
    more purchasing power from these kind of
    assets which are hard like Bitcoin gold
    real estate stocks whatever you whatever
    you want Commodities so I not too
    worried about that guys I am currently
    traveling I will be back actually
    tomorrow so there will be a more
    comprehensive video talking about my
    exact strategy and my trading strategies
    on okx bitkit as well what I’m going to
    do with those and my overall plan for
    for the future guys so big stuff coming
    up in the next few days make sure to
    stick around for that subscribe activate
    the Bell guys that’s what I got for you
    thank you so much for watching this
    video and I will see you guys in the
    next one

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    **Disclaimer**
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    38 Comments

    1. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I'm up with 128k in a short period of time.

    2. If you self custody crypto & it’s the future, you never have to sell for fiat! & the government will never know who owns what! Meaning you never have to pay tax!
      Also in the future I’m pretty sure we will be able to buy even houses using crypto! So I wouldn’t panic on the tax move

    3. I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Anna calista

    4. 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 $6Ok from trading last month and am so happy about it

    5. Great transmission, as always. I appreciate the no-nonsense approach you take to the news and the markets. A lot has changed and that's about it ,but the truth is that I don't even care much about the bull or bear market anymore because Judith ann covered me while I'm doing comfortable.20k 30k every week and I'm still counting thanks to her ❤

    6. Stretch ✌️ the bows far back’. … 🏹..🏹….…. 🌎

      Bitcoin and Litecoin reward halving supply shock effect coming down the track……..🎯

      Last ‘round of halvings’ signaled the beginnings of the 2019 – 2021 price surge!" Bitcoin & LiteCoin top 2 coins for payment transactions 📈

    7. Biden is w the Anti-Crypto Army. If you're still voting for him bc of poor little Ukraine and Isreal, poor little thugs.. then YOU shouldnt even be here. What's my proof? Look up Own nothing, be happy. And the whole world is watching, Woke. Dumbest little crybabies of all time. Still voting for it.

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