🔥 BITCOIN PRICE EXPLODES!!!! BEAR MARKET OFFICIALLY OVER?!!?!!!

Chin is Oh, my god 2 RKO OUT OF NOWHERE. >> What's going on, guys? KDub here with another episode of CryptoZombie. Welcome back to the channel. Hope you're having a great day today. Now, I don't know why you would not be having a great day today because Bitcoin pretty much did exactly what it needed to do to virtually negate the bearish thesis at this point. If you have a look at the chart right here, if I don't put any lines or any drawings on it whatsoever, you can clearly see that we were consolidating in this range. We had this trigger wave down here on Market Cipher on the daily and we have continued to blast through that area. And currently, as I'm making this video, Bitcoin is in the high 85,000ish area. So, yeah, I don't really know what uh fuel exactly the bears have left in their arsenal. If I put the levels back on here, you could see that this consolidation happened right in this area between around 81 and 76. Right here, we had a bearish fake out. Now, remember, this was when we were going into clarity. That was uh you know, no vote. And then we also had the Fed rate hike, which were supposed to be bad. They were supposed to be the worst news we could possibly get for Bitcoin. And all we did was came up here, consolidated for 4 days, and not only did we push out of the range, but also we are higher than this pump that we had back here. And remember, all of these moves had been negated within a week. So, anytime you went back to these areas, these pumps, they were instantly negated within the week. These were instantly negated within the week, right? This one right here, we had this pump, you know, around 3 to 4 days depending. and then we consolidated for four straight weeks before moving to the upside. Those again uh my friends, those are not things that you see in bare markets. Okay. And another thing I just wanted to point out is uh yeah, we're definitely as you guys could see above this 50weekly moving average and we talked about having this golden cross on the 50 EMA and the 50w weekly and yeah that's pretty much going to happen next week. So, we're going to have that cross and we had said that it takes about uh 3 to seven weeks to usually break this. And as you guys could see on week number five, we are breaking through it quite viciously. And another thing to just mention is if you switch this to the monthly, look at this area that we're at right here, we've literally taken out 1 2 3 4 5 6 seven candles. Seven monthly candles. Now, this was a 10-month bare trend, a 10-month bare market, and we've taken out five candles. Okay? So, we've basically negated half of the bull market in just a matter of a few weeks, like five five weeks, six weeks, right? That is incredible. We've pretty much erased all of the gains that the bears were getting from shorting in a matter of just five to six weeks. So, that is again not moves that you see uh when you're continue when you're going to continue a bare market. Now, can we say that we're fully confirmed? I mean, as far as the daily is concerned, you know, all we have to do is pretty much just close where we are. As long as we close anywhere today um above, let me go back over here above $82,800, then yeah, this is a confirmed higher move on the daily. And if you want to wait, then yeah, it is Monday. We have to wait the whole week. But, you know, as long as Bitcoin can close above $82,800 by the end of this week, then yeah, that's pretty much a confirmation. And at that point, if you did want to have, you know, a bit of a retest, we come down here, maybe we retest the 80K area. I don't know if we're going to come all the way back down into this box again because you already had, you know, almost 5 weeks to accumulate in that area. And I'm certainly not seeing, you know, coming down to putting in new lows. I mean, that's now you're talking about an over 50% correction in order to just get down to these areas. And we have the money flow that had moved from the red into the green. So, a lot of this is just pointing and and here's something really interesting, guys. So, gold had actually been sort of a leading indicator for Bitcoin. And what's quite interesting is gold actually broke out of its major downtrend first before Bitcoin did and then it got above its 50 moving average and then it got above its previous high. So, Bitcoin's kind of like right here, you know, compared to what gold is doing. And you could see that gold continued to move upwards before coming back down. And look, it found support on its 50. So, if gold is a bit and actually gold is down today, which is also interesting cuz, you know, supposedly these two assets are supposed to trade together, but gold is down while Bitcoin is up. So, again, we had the signals here. we had these crosses on the monthly uh wave at the bottom and we said every time that this ever happened the bottom was in and I mean I I don't know you tell me but this is kind of looking like the bottom is in you again you'd have to negate all of this again so you know we were able to and and and there's even a chance we might close above this candle if if this month continues which is actually crazy because uh you know today my friends is the 21st of September so thank you earth wind and fire. Let's just Earth, Wind, and Fire. They're the reason that they saved the bull. Yeah, the 20. I don't know. It was funny. Somebody posted this. I thought it was funny. But, you know, we also had the long, if you were paying attention to Meta Signals, by the way, that was also calling for another long around the $81,000 area. First target was around 834. Second, 85128. We've actually hit both of those. Now, the third target, I don't know if we're going to go all the way up there, but that's calling for a possible $93,900 Bitcoin. So, we've already hit the first two targets. Are we going to get up to the second target? I don't know. But there you go. Again, just more signals that are pointing towards these moves. And guys, before I get into it, I do just want to let you know that not only now do we have the $25 bonus on Cali with the 90% reduction in fees, but now, every single week, guys, if you trade on Cali using the link below, all you have to do is trade $50 on Cali Perpetuals. literally $50 and we're going to pick one random winner every single week and that winner is going to be announced on Sunday and you will get $500 trading bonus no questions asked. So again, if you guys are interested in not using some of these offshore crazy VPN type exchanges and you want to trade in the US legally, CFTC, all that stuff regulated, then that is below for you and we will be doing that every single Sunday. Now this is the interesting part. So, you could see right here that Bitcoin has actually never had three straight green um you know, closes for for for uh the third quarter, unless I'm missing something here. And I I had actually said that statistically speaking, September tends to be a bad month. We usually end down between, you know, five and 7%. It looks like if this is how we're going to continue, this is going to break a pattern which would make it, you know, if you go to quarterly returns, uh, that would make it one of the most bullish Q3s. The, uh, you know, only slightly being beat by 2013 and 2017 was massive. Okay, that was 80%. So, this this is looking on track to be the third best Q3 ever in Bitcoin's history. So, you know, again, I I I could end up being wrong on this one. you know, hey, you know, you you sometimes, you know, you got to admit when you're wrong. Of course, we have a week left. Look, I'm not angry. I'm I'm happy to close green. Um, but yeah, that that would be a phenomenal Q3. And, you know, sometimes, guys, it's okay to admit, you know, you're a little bit wrong. Hey, I don't I don't mind being wrong if the price is going up. You know what I mean? You know, we were calling for the bottom way before it was even popular to be talking about it. And and rather than having this sort of like an ego-driven idea of what was to be happening, we were just simply looking at the data. And I said to myself, look, there are people that might be sidelined. They might be waiting to buy. They don't know when the bottom is in. And I just wanted to sort of just start making these videos to tell you guys that this is probably the time to start dcaing. And you know, you got to give it to him. Uh Benjamin Cowan, he posted this morning. He says, "I was wrong. Not going to make excuses. I deserve to be dunked on." Now, in all fairness, I just want to be real. I've hung out with Ben before multiple occasions. I've been to this uh he has like this like uh little pad in Miami. you know, he's throwing some parties and stuff. Look, the guy I I genuinely don't believe he was trying to like hurt anybody and I think he gave the best advice he could possibly give. I just think that, you know, you know, maybe he became a little bit overly cautious at the end, but you know, at the end of the day, that is one of the most important things. And I actually want to tell you this like like to everyone watching, one of the most important things as a human being, as an intellectual human being that you can do is be capable of changing your bias when presented with new information. You know, if you grew up and you believe something your whole life and you're like, "This is the way it is. This is what I believe it is, but then someone comes along and provides evidence that says, "Hey, maybe this thing that you thought was right isn't right." You know, being able to change your bias, like these bears, these uh some of these influencers, some of these whatever, I'm not going to name them that are just still like we got to go down to 40K. It's like at what point do you just let the ego go and and you just focus on what's in front of you? You know, if you wanted to get Bitcoin at 40,000, great. But the technicals and the charts were just simply not showing it to us, right? So again, I I'm not dunking on Ben. I actually respect the fact that he came out and admitted like, hey, you know, things might be changing a little bit. Short short-term cost basis, we took it out. 200 day moving average, we took it out. 50week moving average and next we have 83K May high and then a complete obliteration of the Bitcoin bare case. Now ultimately, yes, we do have to wait and see. But today we have strategy saying that they acquired 950 bitcoin and repurchased 174 million of stretch. You also have a vec ramwami's $3 billion strive announcing that they bought $1,355 bitcoin worth $107 million. So they say this is the fastest growing bitcoin treasury in the world. So you're seeing it slowly catch on. You're realizing and and the world is realizing that we're not living in this old outdated system anymore, right? Clarity, we don't need it, right? The SEC, the CFTC, they're just going to do what they want. They're going to make the regulations and go ahead anyway. As far as the rate hikes are concerned, we just don't care anymore. We're tired of the flip-flopping. You have Bessant on one end, you have Warsaw on the other end, they're butting heads, you have Trump in the middle. It's just a mess. It's an absolute mess. And that's why I try not to focus on the politics of the situation. I just like to look at the data and I like to see what's going on. And as you can see right here, we had set this out and I said basically statistically speaking, if you look at the averages, when you do get held down by this 50weekly moving average, you have a minimum of 3 weeks, a maximum of 11 weeks, but let's just say an average of around 7 weeks. And we had this line drawn out here that said, "Hey, these bears, they have until pretty much, you know, the latest around October 12th to really push us down." And they just couldn't do it. You know, look at all these past examples of the tops right here. We had one week up, instant rejection. We had one one weekly candle close, instant rejection. One weekly candle close, instant rejection. We come up here, what happens? We chop sideways for 1 2 3 4 and on the fifth week, boom. Constructive move to the upside. So this and this and this is not what we are seeing here. And I know I like to scribble all over it, but you guys know I get a little excited, but my point is is that this is actually falling into exactly as we thought, right? We got our Bart Simpson, but it was an upside down Bart Simpson, right? It wasn't what the bears thought we were going to get. And if we move over here, we had consolidation in this parallel channel, the fake out. As soon as we retested the top, we broke out again and we are sitting above this range. So, yeah, Bitcoin moved even higher since I've been making this video. Um, again, we could just go over this super quick. Today's video is just going to be short because realistically, the only thing that we can really do is see how the daily closes. I believe we're going to close above 83,000. And if by the end of the week, we're still up in this area, then I would pretty much without a doubt say that the bull market is on and the bare market is over. I I'll give them one more week. I'll give them to the end of this week if they got something up their sleeves. But after that, we're not talking about the bearish scenario anymore. We're just not talking about it because there's no need because as you guys could see right here, once you start to get these flips on this super guppy right here, you're already seeing these moving averages move up behind right here. Eventually, this red is going to turn into a neutral. And then eventually, once you get into the green, forget about it. Once you get into green, you pretty much go on a, you know, one and a half year, two-year bull market. We're also having the EMA ripping which where you can see down here when you start to get those flips on those averages you could see that these are starting to converge. So next week you know this moving average is going to move up here this is going to move here and they're just going to keep flipping. They're going to keep flipping and then eventually what you're going to do is you're going to now have it act as support where what's going to end up happening is you come down, you either ret touch it, you come down inside of it, but ultimately remember that 21 exponential I told you guys about that becomes the support and that's just where you want to start longing, right? Every time it comes down to that area, you could you could build your long here and add to it here. Generally speaking, you tend to get a good move in the upwards direction. And once you have that Vshape on the 21 exponential, which is this green one right here, you see how we had a sharp V right here. This one wasn't as sharp. It was a little rounded, but it was still pretty intense. This was a definite sharp V reversal. And again, we had another sharp V reversal. So, you're probably going to end up seeing this. This average is going to move based on whatever Bitcoin does, but I would imagine that between that and this 50 extending, you're just going to look for pullbacks either on the 50 or on the 21. that's that's going to kind of be your zone. So anywhere really between these two moving averages. So as of today, that basically says that if Bitcoin was going to pull down, the first area to retest is possibly 78 with the bearish case being around 73. But remember, this one is going to continue to move up as the price continues to move up as well. So this is just basically again all reasons why I believe we're in a bull market. And remember this parallel channel that we had here on the two-weekly and we had the MACD crossing into the green. This usually goes for a lot longer time. And an interesting thing is that they tend to get more intense. You can see back here. Uh this this is very interesting to me. We had one wave on the RSI. Right here we had one, two waves on the RSI. Here we had one, two, three waves on the RSI. So, I almost wonder if Of course, I don't know. This is just speculation, but could we have four possible waves, you know, and and who knows, you know, that was that was part of the uh the midcycle theory that we had had that is it possible that this was just a midcycle and we could be going much higher. Um, again, you know, I think we can start talking about things like that if price continues to move to the upside because then things are going to get more interesting. But one of the simplest charts that I had pretty much put out was this parallel channel. And basically we had just said that this is usually the tops, right? And this is generally the bottoms. And then of course you have the heartline in the center. So we jokingly said this, but maybe this being a midcycle correction here, maybe this was a midcycle. So maybe we do end up, you know, at some point bouncing around and extending it out and coming all the way up to these crazy levels. And that's how you end up getting these 400,500 $600,000 bitcoins. Now, I'm not going to say that right now because of course we're still very early, but for people that are thinking that they're too late, um, you know, it's too late to buy, guys. Like, we're we're technically just basically confirming the official, you know, levels and averages to be called coming out of a bare market. And realistically, I, you know, I'm going to give them a week. I'm still going to wait until 1 week or at least 8:00 that's UTC on Sunday. If we're still around these levels, if we're still higher than the 50w weekly moving average and we're still higher than the previous uh bare market rally, then then then we're done. Then we're done talking about the bare case and and that would be putting you essentially in the beginnings of the bull market. So, you know, in hindsight, people say, "Oh, it's too expensive. I I'm not going to buy at 85,000." Look, we could definitely probably have a pullback at some point. you might be able to buy in the 70s again, but you know, when it was going from 64 to 75, people were like, "It's too expensive. I need to have a pullback. It needs to go down to 57." And they're just going to keep chasing it. They're just going to keep chasing it. And you know, when you look back to uh, for example, you know, when we were back here, okay, and Bitcoin was down at 15,000 and then we rallied all the way up to 30,000. Those people said, "It's too expensive. I'm not going to buy." And yet the lowest you got this time was 57. So how did this look compared to where we are now? You know, once this is up at 100, 120, 150, wherever we're going, I don't know if the I, you know, buying, you know, buying right here is like buying in here, right? It's the same thing. It's just it's just a little bit higher, I guess. So ultimately, guys, that's it for me. I I didn't want to make a super long video today because there's really not much to talk about. We've been talking about this now for two months. I I I believe the bottom is in. I thought the bottom was in 2 months ago and so far all the indicators have consider have have just been consistent and that's uh basically where I'm going to end this video. So that's it for me today guys. A little bit shorter than usual but there's not much to say. Realistically speaking we just got to stay above these levels till the end of the week for the most part. I mean we already closed above the 50 and we're going to probably get a daily above this area. So I would I would just say like lined in the sandish maybe temporarily. Let's just say $83,000. Right. So, $83,000. It's actually $82,800, but whatever. $83,000 by the end of this week, 8:00 PM Eastern time, UTC, uh, you know, here. That's that's, you know, when the week prints a new candle. And that's it. So, ultimately, guys, that's it for me. Thank you for coming back to the channel. Again, if you do want to uh trade on Koshi Perpetuals, I do have a $25 bonus for you. And also, we will be doing every single Sunday. Now, every Sunday, as long as you trade $50, that's all you have to trade. Uh, you get a $500 trading bonus, which will be randomly picked from all the different people. And yeah, so we're going to be doing that. And again, if you are trading in crypto, I still I love Blowofin personally. Um, it's a lot easier, you know, instead of moving money in and out. I do have a link below for some uh discounts on that. And we still have the $15,000 bonus on Weeks, which is only USDT, but it is no KYC, no VPN. So, you do what you do with that information. That is it for me, guys. If you've been if you've been sticking around to the end of this video, thank you for watching. And I don't know. I hope that you guys were able to DCA and and and get some buys in there. I I genuinely don't think we're going lower. Uh I I think if anything, you have pullbacks. Could you I mean, we've had 30% pullbacks in bull markets. Remember that. But the question is from what level are you going to pull back from? Are we going to go up to 93 and then pull back down to 78? You know what I mean? Like I don't know. right now. Uh there's a lot of momentum to the upside and I wouldn't be I wouldn't try to fight the trend. Uh the trend is your friend until the end just like the bare market was and then the bare market was no longer your friend once that trend changed and now we're in a new trend. So, you know, hopefully we'll be making these videos for the next year, two years, and everyone's going to get massively rich. And yeah, that's all I could say. I wish everybody the best. Thank you for coming back to the channel. Um, I don't know how many updates I'll do this week because I pretty much just laid it out for you. We just need to basically close above around $82,800 by the end of the week and that's it. So, that's it for me guys. If you do want to learn how to trade, I have my blowfin tutorial right there. Maybe I'll make some other tutorials, but I feel like at this point, if you know how to trade on one, you know how to trade on all of them. And, uh, yeah, enjoy your week. Hope you have a great start. And until next time, stay crypto and of course, peace out.