In my best case scenario where I want to be opening up a new trade on Bitcoin is going to be my long position uh that I potentially want to be building up between $74,000 and $72,000.
…eah, this is basically my opinion what is likely going to be playing out on Bitcoin and that is why we should be watching this exact consolidation phase right here. And in case Bitcoin is going to come down back towards this $72,000 level, I am actually personally planning to open up an even additional bigger position on Bitcoin and not on BTC USDT. then I will be opening up a long position on BTCUSD because then I can just let this trade run with this exact entry price from the exact bottom on Bitcoin and I can open up a new trade which I will then keep you guys up to date on. So I do think yes in the coming coming two to four weeks there's probably going to be a lot of great trading opportunities and what I will try to do here is to go…
I am actually personally planning to open up an even additional bigger position on Bitcoin and not on BTC USDT. then I will be opening up a long position on BTCUSD because then I can just let this trade run with this exact entry price from the exact bottom on Bitcoin
AI-extracted context
"I am actually personally planning to open up an even additional bigger position on Bitcoin ... I will be opening up a long position on BTCUSD"
If we could potentially accumulate Ethereum around this region right here, it is going to be a gift from God here and it's going to be giving us a lot of potential upside.
AI-extracted context
"If we could potentially accumulate Ethereum around this region right here, it is going to be a gift from God here"
… for is scenario three. Bitcoin just breaks through the support and breaks towards the downside and makes a new low here. Why is because then I can still have the opportunity to accumulate more Ethereum and especially what I missed out on. I wanted to accumulate a long position on Ethereum. And like you can see, I'm currently only in a long position on Bitcoin, which is more than a million dollars in profit. And yes, I'm still saying I want Bitcoin to come down here. Even though I will lose all my profit on my trade, I still …
I wanted to accumulate a long position on Ethereum.
Full Transcript
The Bitcoin for your cycle is about to get broken. Or is it? That is of course the question that I will be answering on today's update video. More importantly, I'm going to go into some very important charts that are revealing us right now that something very big is about to happen because Bitcoin is trading between two very low volume ranges. And the moment it's breaking through either of these ranges, a big move is set to happen. So that is why on today's update video, I'm going to discuss the most important patterns and charts to be looking at right now, I'm going to discuss my exact scenarios, what I think is going to be playing out next for Bitcoin, and more importantly on how I could be potentially open up even more trades on these exact scenarios I'm currently preparing for right now here. So, a lot to discuss on today's update video. Don't forget to once again watch this video till the end because for sure this video will be very important and interesting to be watching. So again, don't forget to watch this video till the end because I've got some very interesting charts about Ethereum because guys, I really do believe that a lot of people are currently underexposed on Ethereum and I think Ethereum is going to be making a generational run here. So a lot to discuss on today's update video. Without any further ado, don't forget to once again stumble that like button back above 900 likes will be highly appreciated. Don't forget to subscribe to the channel. That will be also highly appreciated because I want to hit 1 million subscribers one day here. And let me dive straight away into today's update video. And let me first of all discuss the fact is the Bitcoin 4-year cycle getting broken because historically if we're looking back at all the Bitcoin four-year cycles we do know that Bitcoin basically first of all bottoms and after the bottom phase we're seeing a reaccumulation phase and then we're starting to be breaking above the 50weekly moving average to confirm the end of the Bitcoin bare market. This happened obviously in 2015. This again happened in 201819 and the moment we broke above that 50weekly moving average marked the end of the Bitcoin bare market. Exactly the same happened in 2022 going in towards 2023 where again the 4-year cycle didn't broke and now we're seeing something else here because if we're looking at the 4-year cycle the bottom window is between the bottom window for Bitcoin is basically beginning of October. So currently it's beginning of September. So in about a month from now on here, however, so far the bottom on Bitcoin has at least for now occurred at the end of June. So that is totally not how the four-year cycle is approached because the four-year cycle on Bitcoin basically exists of four different cycles, right? You first of all see the accumulation phase which is uh one of the short-term cycle phases and then you get the market phase here where basically Bitcoin tends to extend a little bit here or sometimes just consolidate but usually it tends to be extending towards the upside except the 2019 case here and then we see the distribution phase that is the final part of the bull market and then we see a bare market and you can see this is basically exactly playing out over all these previous Bitcoin for your cycles. And so far, this cycle has never filled us before here. But in case, Bitcoin is going to be already break above this 50weekly moving average, which historically, if we're looking back at Bitcoin, has never failed to of course predict the end of the Bitcoin bare market. If we're going to be starting to be breaking above this level, it would be giving us a confirmation again that the Bitcoin bottom is already in. And that would also invalidate the Bitcoin 4-year cycle because clearly the bottom has been occurring much sooner than according to the 4-year cycle. And what does that mean? If this were to be happening, this literally will mean that also the accumulation phase is going to be different. The market phase is going to be different and potentially the distribution phase is going to be different. I mean, it's not going to be different in terms of how it's placing playing out here, but it's going to be different in terms of timings, which I want to be warning you for obviously here. So, that is something I will keep you guys up to date of. There is of course still a potential scenario that Bitcoin comes down here. In my opinion, it's not my base case scenario, but what I want to be talking about as well in today's video over the potential scenarios that could in my opinion play out here over the following two weeks here because in my opinion, I think still actually the chance is very likely Bitcoin is still going to come down towards that 72 to about $73,000 level. And the question then is going to be here. Are we going to be finding support over here or are we going to be flipping this level into resistance? Okay, in case this level is going to be flipped into resistance, this is for sure going to be one of the most bearish things Bitcoin can basically do. And then maybe we could say the 4-year cycle isn't broken at all and we're still going to see the bottom occur in October. Could be, right? Could be. Could be. Then the four-ear cycle isn't broken at all here. But in case Bitcoin is already now going to be breaking above this range and continues towards the upside, then it's going to be completely different because right now what we can see here, Bitcoin is basically trading in this range right here. And in my opinion, it is very simple. Usually what you tend to see here is that Bitcoin tends to grab the liquidity and then moves towards the upside and it could it could also be on the top side, right? We could grab the top side liquidity then move lower. But basically what we're currently seeing here is that in this entire consolidation phase there is not a lot of uh volume support or resistance laying above us. So the moment Bitcoin breaks above $82,000 it is probably going to be moving all the way up to 86 $87,000 in a very quick fashion because that is where realistically speaking the next resistance for Bitcoin is laying. That is this zone right here. This is the next resistance for Bitcoin. And in case we are breaking towards the downside, there's not a volume support laying all the way down to $72,000. That level that I just mentioned earlier, this level right here. This is where most likely the next support for Bitcoin is going to get found here. So that is why I am looking at these two exact levels right now in the market. The moment Bitcoin is going to be breaking below it, this is where it probably is going to be moving towards $72,000 US as a major support target and maybe even a fake out towards this low right here because there's even more volume support laying here. And I would see this as a bigger confirmation. This is basically also where the move towards the upside got started on Bitcoin. And this is also, if you're looking at this uh push towards the upside on the weekly time frame, this is going to be the fair value gap here, $70,000. And for the ones that don't know the trading strategy of a fair value gap, it is basically uh when you're looking at the weekly time frame with a very big pump towards the upside, you're looking exactly at 50% of the weekly candle and that is where a lot of people like to be entering their positions uh because that is called the ver value gap here. But that is a trading mechanism a lot of people are using in forex. But it is of course interesting in my opinion to be at least looking at that here. Yeah, this is basically my opinion what is likely going to be playing out on Bitcoin and that is why we should be watching this exact consolidation phase right here. And in case Bitcoin is going to come down back towards this $72,000 level, I am actually personally planning to open up an even additional bigger position on Bitcoin and not on BTC USDT. then I will be opening up a long position on BTCUSD because then I can just let this trade run with this exact entry price from the exact bottom on Bitcoin and I can open up a new trade which I will then keep you guys up to date on. So I do think yes in the coming coming two to four weeks there's probably going to be a lot of great trading opportunities and what I will try to do here is to go and live stream these trading opportunities for you guy guys out there. So, I've been trading a lot recently and I'm very excited about what is going to come up here since I've been doing a lot of my TA. I'm getting very excited again what is likely going to be playing out next year. So, first of all, if you want to be in details, kept up to date about my next trade here, don't forget to already join my Discord community in the second link below here. And also guys, if you right now want to be trading, there is an insane campaign being run on WEX and this is only eligible for the first 300 users only. If you reign up using that first link below here, you will get an instant VIP3 status, which means that you can accumulate Bitcoin or any other asset for 0% spot fees on the WEX exchange here. And after the 30 days experience, you will enjoy a free lifetime VIP2 status, which will for sure give you at least a 30% fe which will give you literally a 30% fee rebate for the rest of your life on Wax, which is super valuable. So, don't forget to check it out here. It's only available for the first 300 users. On top of that, they're giving away some additional deposit bonuses. But if you are a big trader, these fee rebates are very very nicer. So make sure to currently check it out in that first link below here because obviously trading with less fees is much better here. And yes, I will definitely also come up with my new trading um strategies and my new trade setups which I'm currently looking at. But in my best case scenario where I want to be opening up a new trade on Bitcoin is going to be my long position uh that I potentially want to be building up between $74,000 and $72,000. That would be my best case scenario for a new potential trade I want to be opening up on Bitcoin here. So I'm definitely looking out for that here. I'm going to keep you guys up to date here. I mean Bitcoin is currently still sitting in this consolidation phase. we are seeing a golden crossover and ultimately we are running in towards a major level of resistance right because if you're looking at Bitcoin uh also on that four-year cycle I mean we are running in towards the 50weekly moving average which historically is the most important level of resistance for Bitcoin in its existence so yeah it is no it wouldn't be surprised I wouldn't be surprised if Bitcoin at least sees at least a slight little rejection towards the downside right and um just like we also saw for example in 2024 here. This is this famous reaccumulation phase here. And basically what you saw over here as well is a lot of these consolidation phases which were currently creating right. So Bitcoin is currently creating a new range. That is what it is doing. It created a big move towards the upside and now it's starting to create a new range. And usually what you tend to see in these ranges is a liquidity grap on the lower side. And if you can get an entry over there, it would be of course absolutely amazing. But of course, it has to give us a confirmation. It can also, of course, continue to break towards the downside and then do something like this, right? So, I'm going to keep you guys up to date about what I'm seeing, what kind of confirmations I'm seeing in the market, but I do think we're going to get some very exciting trades and especially especially on Ethereum. I think Ethereum is going to potentially give us one of the best trading setups. I mean, what I still hope for is that Bitcoin, it it sounds very weird because a lot of people don't want to see this, but what I hope for is scenario three. Bitcoin just breaks through the support and breaks towards the downside and makes a new low here. Why is because then I can still have the opportunity to accumulate more Ethereum and especially what I missed out on. I wanted to accumulate a long position on Ethereum. And like you can see, I'm currently only in a long position on Bitcoin, which is more than a million dollars in profit. And yes, I'm still saying I want Bitcoin to come down here. Even though I will lose all my profit on my trade, I still have some more orders set up over here to of course go in towards my other long orders on Bitcoin. But what I would really hope for really I feel like a lot of people are underexposed on Ethereum, but I think that Ethereum is going to be creating the biggest returns in the upcoming bull run. That is what I personally think here. A lot of people are sleeping on this, but if we could potentially accumulate Ethereum around this region right here, it is going to be a gift from God here and it's going to be giving us a lot of potential upside. But personally, I am already betting very big on Ethereum. It is starting to break down. It is breaking out on the EV BTC chart. And honestly, the potential price targets that I have in mind here are quite insane here. I really think Ethereum is going to be doubling against Bitcoin in the upcoming cycle. is going to be outperforming Bitcoin quite aggressively and uh yeah, I'm just super excited for it. This is a major reaccumulation phase from more than about 4 years, maybe even 5 years whenever we're going to be breaking outside of it. But the moment Ethereum breaks above its alltime high, it's probably not going to stop there. It's going to be moving up very quickly because it breaks out out of this major reaccumulation phase. So, um yeah, I'm super excited. I cannot wait how this plays out there. But yeah, anyways, this is it for me in today's update video. I am very bullish on Ethereum. I will uh keep you guys up to date in the upcoming cycle. It is going to be so exciting because yeah, we're going to print a lot of money and I will keep you guys up to date about what is playing out on Bitcoin. But anyways, thank you so much for watching and see you guys on the next one. Peace out. Goodbye.
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