BREAKING: BITCOIN GOLDEN CROSS QUICKLY APPROACHES

Are you hoping that Bitcoin has a massive pump? And are you hoping that you get in at a very good price right before this pump? Well, I've got good news for you. Bitcoin has a very rare golden cross that's quickly approaching, that has no false signals, that has proven to be an incredible buying opportunity and avoided all fake outs. I'm going to lay it all on the line in this video and I'm going to show you when this golden cross is going to happen, what signal you should look for, and what type of price are we talking. I'm also going to break down the best case scenario for Bitcoin during this golden cross. And I'm going to explain the worst case, the one that you should absolutely watch out for. Let's get into it. If you'd rather follow data than FUD, FOMO, and hype, you belong here. Subscribe. So, here we are. Bitcoin US dollar index and today we are on the 2day chart. Now, I've been discussing golden crosses and death crosses right here on YouTube for almost 10 years. And I'm here to tell you a lot of people will look at the one-day golden cross or the one day death cross, but just the facts, those have way too many false signals. I'm going to show you one that has no false signals, that's more rare, and that's quickly approaching, and that's the two-day golden cross. What is a golden cross? Well, a golden cross has two moving averages on the screen. In green, we have the 50 moving average. In red, we have the 200day moving average. And a golden cross is when the green line, the 50, goes back above the 200, the red one. that happens at a market cycle particular time where momentum shifts to the upside. In other words, it's another signal and another quantifiable fact that we are in a bull run. So, has this golden cross happen? No. It's quickly approaching. I'm going to tell you exactly when it's going to happen and what things are looking like at the moment and the best case and worst case scenario. And there's going to be hidden clues right in this chart right now that will signal if we're having the worst case happen right before our eyes. So, let's break it down. So, on the screen, you can just put on the 50 MA, you put on the 200 MA, you put on the 2-day chart, you're going to have it look exactly like this. What you're not going to have is this extension of this is telling us where the trend lines are going to go a few weeks from now and a few months from now. And I'm going to get to that later. This is a custom indicator that I have. A lot of my students have this completely for free. But even if you're not my student, I'm still going to help you today. I'm going to show you exactly what to look for. I'm going to show you the hidden clue and I'm going to show you what we're looking at for when it's going to happen. And I'm going to show you how to avoid a catastrophic fake out. So, what you can see is that Bitcoin has had a few of these crosses, these golden crosses in its day. The first one came all the way back in 2012. You can see what happened where we had this bare market. We had this golden cross happen in July of 2012. And from there, Bitcoin was at about $6 and it rallied up to almost 1,300. $6 to 1,300. And by the way, this was an incredible buying opportunity. If you missed everything and you slept through the bare market and you slept through the beginning of the bull and it was months and months and months that you screwed it up and you thought there was no chance in hell that you could recover, if you just simply bought at the golden cross, you would have bought at about $6 and it went up to 1,300. So, it's never too late. Take a deep breath. Don't listen to all the chaos that's in crypto. You come here to stay level-headed, to look at the facts, and the facts are telling you, take a deep breath. We're all good. So, that was the first golden cross, right? An amazing time to buy. Let's look at the second one. The second one happened right here in November 2015. What had happened right before? We had our first bottom. We had our second bottom. And that golden cross was our time to enter. So, even if you messed up the bare market, it doesn't matter. This is still an incredibly accurate potent buying opportunity. You would have bought right around $300ish dollars at that golden cross. We're talking about 300ish, maybe 350 if you got in late, whatever the price is. 300ish and we went up to 20,000. This is an incredible opportunity. You don't need to time the bottom of the bare market. You don't need to time the perfect opportunity. What you need to do is avoid fake outs. You need to be smart. You need to be strategic at when you enter. A lot of people will just blindly enter hoping that they're timing the perfect time of the perfect price of the perfect day, but they get destroyed. There's a reason why 90 95% fail. I'm making it super simple reliable accurate and something that you can understand. You understand how to put the green line on the chart, how to put the red line. You understand how to put the two-day. And you're looking at it and you're like, "All right, this makes sense." Every cycle it happens at the same time, right before the absolute parabolic move in the bull. Case in point, $6 to almost 1,300 and then $300ish dollars up to 20,000. Now, we get into something that's very interesting. What happened in 2019 is a sign. I want you to look at it right now. I want you to study it right now. And I want you to understand that there are some catastrophes that can happen in the market, but they leave clues. They leave clues before they happen. Case in point, let's take a look at 2019. At 2019, you can see we had the death cross here. The death cross is when the green line goes below the red line. In other words, when the 50 goes below the 200, that's the death cross. And you can see the golden cross happened here back when price was around 8,000 and change. We went from 8,000 and change up to almost $70,000. Okay, so an incredible buying opportunity, but something very interesting happened here. We rose too quickly with only having one true bottom. The market needed to course correct and that move from 2014 was not sustainable. We avoided all textbook market structure science. We just pumped to the moon. I remember covering Bitcoin at the time. Everybody was so excited and I kept pumping the brakes like, "Hey, this 14,000 thing, this is not sustainable. We're not following any rules of market structure and the market will course correct itself." And by the way, on the weekly chart up here at the top, we printed a gravestone dogee which signals a trend reversal at 14,000. And from there, we came back to print our double bottom. The market needed to course correct. It needed a double bottom. And we can't withstand these fast moves like this. It needs to respect market structure. Things always move through market structure strategically. And we avoided all rules and we paid the price. But what happened very interestingly is that we went back below this 50 MA. Now, keep in mind that doesn't happen very often. When you have these course corrections, when you have these corrections throughout the market, we usually dip our toe just below and and buying at that zone is really strategic. But in this case, we went far below. You can see our moving average here back in April 2020 and the price action being significantly low. I mean it was more than 50% below this moving average which that's very rare territory. Okay. No moonboys, no paid chills, no pump chasing, just calm facts. Subscribe. What you see happening in the future of Bitcoin was more trouble with this 50 MA and in this past it was pretty accurate with the 50 MA which tells you a very clear signal and we'll get into that a little bit later. I want you to think about what I just said and why do you think that is? Look at just look at the facts. Look at what's happened since 2019 with the 50 MA and in our last cycle. I mean, we're going below the 50 MA all sorts of times, right? And you can see our struggle with it recently and in the first early days, the first early cycles of Bitcoin, how accurate it was. Why? Why is that? We'll cover that a little bit later. But what I want you to notice is that we are approaching a cross. Okay? It's quickly approaching and that marks an incredible buying opportunity. You look at even 2019 when things got out of hand, you would have still bought around 8,000 and we would have still gone to 70,000 regardless of what happened. And if you bought at the second golden cross, you would have bought at 9,000 and then we went to 70,000. So even with an absolute devastating market that really shocked the world that took the world by surprise, you would have still bought at 8,000 and 9,000 with the two golden crosses that we had. Even with a market as confusing as that. So during all this time, even if you feel like, oh my god, I didn't buy. I didn't make this. It feels like everybody's buying. It feels like everybody's doing this. You need to make decisions. What you need to do is take a deep breath. Everything is fine. I'm showing you bonafide facts of no matter what happens, we will have a golden cross and it's going to be an incredible opportunity to buy. Those are just facts. Every cycle we have a golden cross and you can see it coming to form as we speak. So look at the last cycle, right? The last cycle we had this golden cross when Bitcoin was roughly 29,000 and we went from 29,000 to 126, 127. Incredible. I mean, multiples on your money. Everybody's worried about timing the perfect moment or the perfect price. Those people get destroyed in the markets. They're in and out of trades faster than they're changing their boxers. It's ridiculous. When you look at the facts, you could see the facts right in front of you. Take a deep breath. Everything's going to be fine. So, let's fast forward. What we see is what's the best case scenario with this upcoming Golden Cross and what's the worst case scenario. I bet you want to start with the good news because we have one coming. The golden cross is coming. We created this nice little pocket. What I want to show you are the days of this pocket. Meaning the days between the death cross and the golden cross. We create this nice little pocket. We did in 2015. Nice little pocket. 2019. Nice little pocket. 2022. Nice little pocket and we're in a nice pocket right now. Bonafide facts. How long are these pockets? We will take a measured move from the death cross to the golden cross back in 2014 about 420 days. You look at 2019, the one that was really unorthodox was only 325 days. Very short. So we went from 420 to about 320. Then what did we do in the last cycle? We go from death cross to golden cross and we're back into the 420-ish range. So, are we repeating a pattern? Does it go from 420 to 320? Back to 420, back to 320. Let's look. We're looking at this death cross and we're extending it out to what is showing as 320. In other words, maybe this is a pattern. Maybe we go from 420 to 320 to 420 to right now it's showing it's projecting 320. In other words, maybe we're not so much like the 2015 cycle. Maybe we're not so much like the last cycle. Maybe what we really need to look at is this 2019 cycle that was really unorthodox that came out of a very, very short bottom, exploded in price only to crash back down. And most people blame this on the COVID crash. This would have happened no matter what. You could have created any world event. The market, it was not sustainable. We respected nothing about market structure. This was very unorthodox. We went up too quickly. We didn't stay down enough and the market needed to course correct. It needed a classic double bottom and it was very unorthodox. So maybe that is what we're in right now and nobody knows it. I mean, does it sound familiar? The bottom wasn't long enough. We came up too quickly. Our pocket was way smaller than normal and only to crash back down again in what seemed like the middle of the bull market. Right? Keep in mind from the bottom to the second crash down was almost 500 days. We were in the middle of the bull market and we had this catastrophic collapse which could happen again. We've got to be honest with ourselves. We can see the patterns right in front of us, right? And let's paint a clear picture. That would be the worst case scenario. I want to unveil when this golden cross is going to happen and what's the best case scenario for Bitcoin. So, we look at this pocket. You can extend out from the death cross to the golden cross. And you can see again, this is our special custom indicator which just takes the moving average and projects out where it's going to be in a whole bunch of days from now. And you can see a clear cross happening, drum roll please, right now in the middle of November. Now, keep in mind, if price rises, you will see that time change. If price collapses, you will see that time change. It's taken in consideration the moving average of current price action. For example, if we start crashing down, it will prolong the golden cross. Will does that mean the golden cross won't happen? No. It's going to happen regardless. But if we crash down from here, it will prolong it. And if we rise from here, it'll happen sooner. It's just facts. Can argue that. So, what's the best case scenario? The best case scenario is you see this red line here. Bitcoin has just reclaimed this red line. Keep in mind this red line is the 200 MA. We are on the two-day chart. I want to show you before in the history of when we've reclaimed that red line. That's back here in March 2023. We never went back below that red line. How about before? Right here, May 19th. We did go below. That was the catastrophe. That was that situation that was very unorthodox. How about back here, October 2015? We never went back below that red line once we reclaimed it, the 200 MA. And the same with back here in 2012. So, the only situation we have is the one that we're most similar to. So the best case scenario for Bitcoin is we have this golden cross, let's call it in the middle of November, and from there we don't look back. We don't go back below this red line and we rise to a huge new all-time high. And it gives you an opportunity to buy in the middle of November when we have this golden cross. And you don't look back either. You simply stay level-headed. you buy and you sell up at the top a few years from now at a huge multiple of your buying opportunity. Is that situation going to play out or are we replaying the same future, the same past that we had and a catastrophe is on our hands somewhere in the middle of the bull. If you're done chasing pumps, 100x calls in the next shiny altcoin, subscribe. We follow the charts, not the crowd.