Bitcoin – BTC BITCOIN: WATCH THIS VIDEO ASAP IF YOU HOLD BITCOIN BTC + Crypto Price Prediction Analysis We’ve seen some crazy in the crypto markets over these last 24 hours and I’m gonna break all of this chaos down for you to really just help you understand exactly what’s been going on here now look the first thing that we’ve done here is we’ve set a brand new 400 day High this is absolutely huge it’s one of the best things that Bitcoin has done today we’ve broken out of the channel um and we’ve seen a nice daily close above as well which is absolutely beautiful take a look at this right here on the daily chart uh our daily candle It’s actually nearly as high as one of our previous Wicks and it is the highest Daily Post that Bitcoin has had and you really have to zoom out for quite some time since June of last year this is actually uh more than 400 days ago if we’re measuring it by daily closes uh Yeah actually about the same time so um absolutely beautiful there we are making very good progress nothing has changed ladies and gents you already know the deal your boy is still in his long trade still sitting in an absolutely beautiful profit up here at these highs and what I’m seeing from now Is the possibility to establish some support I’m not going to talk about that right now we’re actually going to change over to xrp though because this is what stole all the headlines judge rules xrp is not a security in sec’s case against ripples so the first thing I want to say Is um I can’t say it anymore I’m being more sensible online I was going to say something not so nice about the SEC and the second thing I’m going to say is is that the reason people really like this is because if xrp is not considered A security it’s not subject to as high of a degree of Regulation um unless regulation means more money basically uh in a lot of cases so uh everyone and then Nan is running around in circles over this and obviously you’ve come to the Four Flies channel so you know I’m not gonna clap For the xrp seals I’m going to laugh at them because everybody is just absolutely just rubbing themselves off to a 2x on xrp which by the way is now already down by 23 within a day but I guess we won’t focus on that too much and uh you know and and this is After being absolutely decimated ladies and gents um against xrp and the dollar for so long uh you know I do want to put this in perspective for you all for just a minute here this Wick is making this chart really hard to analyze but I will find it right here Um in fact let’s just um uh hang on let’s just do this yeah there we go problem solved and uh and and so what I want to point out to you is that uh you know we are by the way on the uh on the linear scale I’m sorry on the Logarithmic scale if we if we look at this on the linear scale you can really start to see how pathetic all of this excitement for xrp is this is the uh you know kind of original chart if you will this is the the real chart Um and I mean I can’t really even fit where xrp is now compared to its 2017-2018 high so um you know I I’m moving away from insulting the idiots in this space but um you know I think they insult themselves by being happy over this kind Of price action look at where we are now and look at the peak that xrp was at before even look at the peak of 2021 uh you know getting excited over a 2X gain when the coin has already died uh you know I mean from its all-time high look At where it started the pump from it was already down 86 and now you’re only down 80 good job bro uh you know like you can’t you can’t make this stuff up the way these people are getting excited over xrp right now is quite ridiculous I Got one more example I want to show you because you already know the deal this channel is all about bringing realism to the table and showing you why you shouldn’t be excited over being a failure minus 76 if we measure it down to the low where this pump started and Up to the current price you’re now down by minus 63 now let me put that in perspective for you with one more example if you add a hundred dollars in at the top you were down to thirty dollars and now you’re up to thirty four dollars 36 whatever you know you know The deal but the math might not be right but the point is very much there um and so that’s the first thing I want to point out uh that said I do have some analysis to share with you on xrp xrp has been in an ascending triangle for a minute here uh it’s Actually a 92 Range here from its low that it’s set in about June of last year uh and we are now potentially getting ready to break Above This ascending triangle you can see that we’ve been tracing this support level beautifully over these months and uh and now uh we Are starting to become a little bit more aggressive at the upside see previously we were only really testing support now we’re only really testing resistance so this is one of your signs that the kind of momentum is swinging to the upside here and that is a 92 upside potential Target uh which actually puts xrp uh a beautiful one dollar area of resistance and the reason that we really like these kind of numbers is because they’re just psychologically charged they are technically relevant uh you know and especially you know when you get to these round numbers that’s you know 55 Cents right like we’re getting these nice round easy to digest numbers here um and that’s why one dollars you know just kind of has a little bit of consulate just from that alone uh you know but uh but of course uh if we do look at this chart and just kind of drop A horizontal line at the one dollar level uh you know we are going to see some historic significance around here as well so obviously a little bit of consolidation here some major support hits and some major rejections as well around this one dollar area so that’s Kind of the next Target for xrp uh if things do continue to go according to plan for uh this coin and of course I do want to highlight to you the 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the same as kind of 30k for Bitcoin in my opinion and Bitcoin already broke that resistance Bitcoin has been dancing above it for a number of weeks now um ethereum is lagging behind by that very same metric and the ethereum Bitcoin price shows that to us as well Uh you know despite ethereum strength week over week month over month throughout this year ethereum has not been performing well against Bitcoin if we take a look at the very start of 2023 and just put a vertical line right here it has only been a downtrend for Ethereum this entire year that is now six seven months we’ve been trending downwards basically for ethereum against Bitcoin but I’ve been maintaining for a while that that is going to change and that ethereum is probably going to start outperforming Bitcoin soon uh and the reason I’ve been saying that is because Bitcoin has had a really nice uptrend in the standard way this goes is that the big guy gets his Sunshine first and then all the little guys kind of eat the scraps right uh and the good news for these little guys is they’re really small so the scraps go a long Way uh you know that’s how I want you to kind of Imagine This liquidity uh you know the real big money went into you know the indices for example first and now into Bitcoin the little guy compared to indices and then into xrp the very very little guy you know what I mean Like just if we’re talking in relative terms these other markets you know if we line them up are just exponentially bigger than each other um you know if we go one by one and that’s a really really important thing to keep in mind is that when the big Markets make money the small markets follow and that’s why we saw some really strong upside on xrp yesterday and that’s why I’m expecting more strong upside on ethereum we haven’t quite seen this materialize yet but ethereum has a very bullish kind of posture and momentum in this market Um you know I would say over these last couple of weeks and months so I’m definitely liking what I’m seeing here and I think that against Bitcoin we could be looking at some more enjoyment now let’s get back to bitcoin because I’m getting bored talking about altcoins Uh and I want to cover with you the real possibility of a breakout so look the first thing that we’ve got to point out is um you know we have done phenomenally well with our areas of support okay I mean you know one of the things that for Me is really important is to kind of take a step back and uh also you know because maybe there’s like one percent element of ego involved but to just kind of step back and show myself where I was right that’s important because you better believe I do that when I’m wrong Um you know and it’s important to do it in both ways because that can help you validate your analysis in the future you can have uh more informed analysis of the markets in the future if you are analyzing where things went right and wrong in the past or in the present Which is even better so we have been intensely focused on the four-hour ichimoku cloud and once again that proved to be a phenomenal decision obviously we know that we’re not going to use the ichimoku cloud when it’s kind of choppy like this we can a little bit But it’s not ideal but when the ichimoku cloud is big and profiled and you know just the big uh it’s a lot more reliable a lot of the time so we’ve been bouncing off this beautifully uh it does continue to tell us the same story though we are Basically out of time uh we’ve been finding support In This ichimoku Cloud now um going back for let me just measure this properly why can’t I measure one sec uh here we are going back for about a week now so you know it’s definitely been a decent chunk of time here Um you know that we’ve been reliant on the ichimoku cloud and I mean look we set a new high but obviously we’ve retraced down quite a bit now um if we’re not able to hold this uh you know I think we’re basically out of time from this indicator’s perspective uh That’s not necessarily a horrible thing because you know daily EMA ribbon couldn’t be better right now it is just the most bullish posture the most bullish kind of I wouldn’t say body language but as an indicator it’s the most bullish indicator language uh that that you know I’ve really ever seen on the uh on the EMA ribbon so I don’t have uh any particularly huge worries about this even if uh you know because a few days ago the market was looking like it was going to take a little dip down and then do something like this even if that Still happens um you know and it still wouldn’t throw me off uh you know this is still a good place for Bitcoin to be in uh but for me yeah it’s the main thing that we’ve kind of already touched on which is the idea of Bitcoin finding some kind of support Around this range and then using that to bounce off I’m actually curious to see um if our fixed range um volume point of control what does this indicator even called fixed range volume profile shows us the same thing and it more or less does um you know basically Right where we’ve bounced off is our point of control this red line right here so um it’s an incredibly reliable line by the way it’s kind of like magic the way it works the top line and the bottom line also obviously being quite important here um just kind of Identifying to us what range we’re playing with here and you know it’s very clear that this area being where the red line was and by the way let’s see if the red line was in the same place a few hours ago um because that would be yeah the red Line was more or less in exactly the same place right so if I just put a line there and now we bring the chart back to the present moment um yeah yeah the the the point of control hasn’t changed so you could have used this before this is a tool that I’ve spoken about extensively inside of the fourflies academy uh and that you guys see me use all the time uh so incredibly incredibly useful if you do want to join the academy obviously you can follow these uh links in the description down below or just these Steps on the screen right here it’s the same thing it’ll take you to the same place which is in a direct chat with me okay let’s go back to the market here uh we did bounce off that point of control which is beautiful a lot of the time That’s all we need to do so you know job might be done here but let me just break down why that’s important um you know it’s pretty clear that there were a lot of kind of reversal support resistance whatever around this particular price area right here at about thirty thousand Five hundred dollars thirty thousand six hundred whatever um you know and so that to me it goes quite a long way in demonstrating how important that level is and you know if we’re kind of you know already above it and we’re falling down onto it you know that would be a Sign to me that we’re actually potentially gonna you know use that and then kind of bounce off his support so we’ve already started to do that uh the bounce isn’t huge you know I’m not super impressed by it um if we fall below this line then you Know that would definitely erase a lot of this progress and you know again then all the eyes are going to be on the downside but uh you know what I will say for now you know since that hasn’t happened yet is that we’ve still done okay Um I don’t like how quick this dump has been don’t get me wrong but uh you know this could have been all we needed to do to kind of flush out some of those Longs and then you know just send the market a little bit higher so I’m also not too Upset by it um you know and it is something that I’m going to continue to keep an eye on here in this market let me make sure I didn’t miss anything yeah so we are just kind of back in this range this is something that’s really interesting that I do want To highlight to you and it is uh the fact that we’ve also got this weekly ichimoku resistance on this chart right here looking at this there is a 25 move between where we are and getting up to roughly that kind of 39K area and what’s important to note about this is that you Know we’ve been battling this resistance for some time usually when we can’t you know kind of you know look this this indicator is clearly offering resistance on the weekly time first thing I want to say not super reliable on the weekly time frame yet but uh you know that Might be changing because these markets are maturing and you know whatever so um I I am being conscious of that um and you know the reason it’s the reason it wasn’t particularly useful uh I mean look at how useful it was here I mean it kind of you know it still did Something which to me is super super impressive because it’s such an irrelevant time frame for Bitcoin but you know the weekly time frame has become more relevant uh you know as these months and years have gone on when I started trading these crypto markets Back in my day of 2017 uh you know if you looked at the weekly time frame it would have been like looking at the monthly time frame now it was you know in very rare cases useful but you would almost never consider it and you would Have no reason to the trend was moving too quickly but now these markets are a lot more mature so we kind of have to change the way we’re operating and if you don’t you’re uh you know there’s no two ways about it you have to be uh someone that adapts in these Markets uh if you’re not comfortable doing that if the idea of you know constantly having to kind of like be on your toes and run around and change the way you think and so on is discomforting um which I totally understand by the way Then this is not for you so uh you know I’m the only guy that you’ll be like 20 minutes into my video and I’m the only guy that’ll tell you to just you know bro just keep what you have don’t lose your money don’t don’t Do anything stupid uh you know one of the best things you can do as a Trader is not trade uh you know especially if you’re not cut out for it and if you don’t like the idea of constantly having to adapt and learn and be a student of these markets every Day uh then you’re gonna have a really hard time uh and and you’re actually going to end up giving your money to people like me so uh don’t uh don’t do that if you can avoid it and uh and and make sure to uh uh to trade sensibly uh obviously If you do want to learn the way that I’m trading and all that stuff then you can give your money to me in a much more uh practical way because you actually learn something a lot more useful uh than than just pissing yourself off with losses uh You know so and that is something which a lot of our uh VIP members have actually mentioned before is that you know a lot of them actually lost a lot of money before joining which is standard because everyone loses a lot of money in these markets Um you know but they’re like they would have lost so much more if they hadn’t joined uh you know and uh and that to me is uh is absolutely great to hear so uh you know if we bring it back to the market here and cover some more of this analysis uh You know this this price jump here I mean you know we we’d be at this resistance level and we would still be in the ichimoku cloud so to me that is uh pretty good uh you know it it doesn’t mean that we have to break out of the Cloud to hit my target so uh you know whatever you do with that which you will what I do want to point out is that we’ve dealt with this kind of thing before uh we have broken weekly ichimoku resistance in the past and it did take a While a lot of the time uh but uh you know if that’s what we’re looking at then uh and I know this is gonna excite you guys this is kind of my best case scenario as well I I really I can like if I really imagine it I can taste the Tears of the bed uh you know if this actually does happen uh which is that uh you know bitcoin’s kind of period of time uh you know for the rest of this year leading into the harbing well you know maybe look something let me just grab the ghost feed actually Um you know which is that it will uh is it ghost food or Bop I think it’s boss pattern um you know like it’ll it’ll be hmm let me let me pick the right kind of price range I’m thinking like something like this you know like this is what Bitcoin could do for You know kind of like the next six to nine months basically uh you know Above This price range is something a little bit like this and you know I I don’t think that I’m saying anything particularly unreasonable I don’t think I’m saying anything particularly unrealistic uh you Know it would be super healthy uh it would be very boring um it would certainly uh continue to serve as some sort of Correction in my eyes if that were to happen uh you know and and I think that it really fits uh you know I mean how many people are Expecting that you know it’s not something that I’m gonna bet on it’s not something that I’m gonna uh you know stand by as a prophecy right now uh you know but uh but I just want to put it on your radar because I think it’s something that you probably haven’t considered Um you know and and it’s it just kind of sounds realistic to me you know I mean right now I mean you know it’s granted it’s pretty easy to be bullish when we’re at the top but uh you know that that’s just how it feels to me and and I Have been mentioning to you guys since 17K uh that I certainly was expecting 30k uh and that 40K was uh was was likely uh you know something that we could hit as well you know and I’ve been saying that since the very bottom uh and and my analysis from that perspective Has not changed uh you know so that is absolutely great and uh and very nice to see and it looks like we’re actually dumping below our line right now yes so that’s not particularly great I guess the final thing to cover on that note would be that you know we do have Support all the way down to 30k but you know if we start dropping back down there like I said earlier then we’re basically just targeting the bottom of this range again which is far from ideal um you know but uh but bottom line as long as we don’t kind of lose this area Of support we’re still you know kind of good we’re still in the same kind of short-term range uh you know would be nice to get out of it at some point but uh but you know that’s that’s what we’re at right now um one thing I do want to comment on is The dollar has died um you know this kind of happened silently uh you know I actually forgot to even talk about it but uh yeah you know the the dollar has done exactly exactly what I said it would do um albeit much faster uh you know I thought this would actually take Potentially a couple more months but uh you know I was meant mentioning to you that the dollar was holding the same lows uh but uh but but and I said this from way back I like I need you guys to tell me in the comments that you Remember this just type in I remember this um you know because or I say I remember that uh and and you know because um I was so vocal about this um I wish there was a way to just like easily reference because I’d be you know Be so easy to take credit for this stuff but I was so vocal about like specifically prophesizing this exact chart movement uh you know where we’re setting kind of lower highs forming some sort of a descending triangle with the same support uh you know and it just Collapsed a little bit earlier than a lot earlier than I thought it would um so you know the first thing I’m gonna say is um this is quite fast and you know don’t be surprised by something like this to kind of put us back in the game uh you Know certainly certainly on the cards you know we have done very quick moves up as well a good number of times so it wouldn’t be completely uh out of uh you know character for the dollar to pull something like that right now uh you know but the other thing that I’ll say About this is that this does Mark losing a a really important area of support I mean you know the dollar hasn’t actually been below this particular area on this chart for uh for 450 days so this really says something I would say uh you know about about where the dollar is Obviously gold has been doing pretty nicely in the wake of that although not nearly as well as it should be doing the the breakout when when it happens if it happens because nothing is guaranteed but uh the breakout for gold uh is is really going to be uh something quite Impressive to watch uh when it happens and I’m very proud to now own physical gold as well um for the first time so uh that is that is something that I am personally very excited for um and and yeah to kind of wrap this up What I’m seeing here is you know look if we still hold the range we’re still good we’ve still got the EMA ribbon there’s still a lot going in bitcoin’s favor I wish we would snap out of this and uh you know kind of stop losing our Current areas of support but uh you know that’s just what we’re dealing with right now yeah this could turn into something quite different to be honest if we’re not able to hold our areas of support but we’ll continue to see this we’ll watch how this develops and uh you Already know the deal I’ll be right back here with more videos for you all so if you have enjoyed this one you know what to do hit up the likes subscribe tick the Bell do all of that beautiful stuff check out the links to the exchanges down here in the description down below You’ve got over a hundred thousand dollars of bonuses available right now again bingx allows you to trade all of these traditional Finance markets including gold including stocks just with Bitcoin or any other crypto and without kyc so great for the Privacy minded individuals and then buy bit you’re getting up to thirty thousand Dollars in free cash which is just crazy so go ahead and check that out uh if you are interested as well uh you know to be able to have that much free money credited into your account that you can trade with is uh is 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You’ll find a lot of videos on gems to invest in and learn how I’ve earned money using Bitcoin.This bitcoin market trading analysis applies to various exchanges, including Bybit, Bitget and Binance.Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year.None of my Bitcoin (BTC) – or any other cryptocurrency videos/online posts – are to be used as financial advice.I am not liable for any losses you may incur when trading crypto, always do your own research (DYOR).
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