in

BITCOIN MUST DO THIS – OR ELSE IT’S DUMPAGE!!! THE COUNTDOWN BEGINS TO THIS MEGA MOVE

VIDEO TRANSCRIPT

Beep, beep, beep, beep, beep, beep. Wow. Let’s rewind it back. I think this whole area is just going to be heavy resistance. So, for example, if people are trading and you’re thinking, you know, how high could this go? Where could things get really roughed up? Right. This this whole area most likely will not be easy to break. OK. And I can tell you, that’s between like eighty one to seventy five. You’re going to definitely be a lot of resistance, I think, at that level. Wow. Looks like we found our resistance, guys. Right about that. Seventy five hundred. We’re bouncing off. Most importantly right here, this is the fifty day moving average. Now we’re actually above the 21 day moving average as of March 25th. OK, so we got some meat under our belts if we would go down. Guys, there’s actually perfectly lines up. This is a pullback, right. We’ll talk about our pullback targets as well as our targets to the upside. Bitcoin currently struggling, guys. We have so many different targets to look at that we can corroborate with these other charts. Very interesting stuff. Breakout target, you guys can see we are coming in line with our first resistance. If this is a true breakout, then we’re going to show you what really needs to happen next as well. Only about a month away, the bitcoin having will this increase the bitcoin price floor, meaning will this set a new level that bitcoin will never be able to go back under again because of mining costs? And as well, this is the deciding moment, guys. Wow. Let’s delve right in. Oh, what’s going on? My little Shango Langi. Welcome back to another exciting episode. We have a few things we want to talk about before we really delve into this bitcoin price, guys. So many cool, interesting things. Specifically, we did get a little breakout, but guys, we cannot get really bullish until these certain levels are broken. And if in fact, we would come back down because some people probably are going to panic if we go below 7000. Again, we want to show you where levels of support could be. And we think this is all going to happen relatively fast. This is going to be probably a pretty quick week. So we really have to delve into that. First off, we did actually just order a new shipment. So we should be getting those actually fairly soon. I ordered them last night of ledgers and I already got the e-mail that they’re coming to me. So maybe there won’t be a big delay. It actually says they’ll be here very, very shortly. So very cool. Nice new stock of letters coming, guys and guys, if you know when this one makes you leave a comment below, hit the dings, hit the lights, subscribes, hit all the stuff. Let’s do this. I just want to go over a few pieces of news that I posted on Twitter before we really delve into the DEA guys. There’ve been so many spam accounts. I can block comments. I can block these accounts so they can never come out on my video again. But still, I do that and I still get like 30 to 50 every single day, especially over the past week for some reason, like the same format, same scam. So I’m really trying to block these things, but I don’t even know where they’re coming from. It’s absolutely insane. And guys, as we tweeted about last night, this green line is where we found major resistance. You see it bouncing off here and we have not gotten above that. So we can actually switch to the chart. You guys can see that it’s actually on this one here. You can see that’s where we got rejected. OK. Last night we were right about here on this candle. And you can see over the last 1, 2, 3, 4, 4, 4 hour candles, we got rejected up there and that’s where we found the resistance. So key area there on these short term time frames, potential support actually down at the 72 and as well, higher resistance. We need to break right about seventy five seventy six hundred, which actually perfect lines up with this week, which we can really just really jump right into. But before we do that, guys, we have this having coming up. Right. OK. Only about a month away now. Is it possible that we see a price floor for bitcoin? We’re going to go over this article. Very interesting. Let me know what you guys think about this. This could be huge. As you saw in the past, we can actually switch to this. You guys can see after the hangings. The price does tend to go up. And now this is a moment we’ve been waiting for. If you guys remember back to last summer of twenty nineteen, we go back to here, we were not ready to be there yet. We were still a pretty long amount of way from having guys. But now finally, there is a fundamental reason why the price of bitcoin may never sink below certain levels again. Potentially specifically these zones right here, the three or four thousand and as well the five to six thousand. Maybe these levels will never be seen again, will they? Or won’t they? Do they or don’t they make sure to leave a smash below? Guys, can we hit 420 smashers in this video? Make sure to smash it up now. Primarily, I wanna spend some time talking on this, guys, because this is the big thing and I want to spend most of the video in the team talking about this. I don’t point this out as well. I’ve had this drawn here, but actually would have forgotten about it. But I actually saw crypto zombies video this morning. So he actually reminded me that this line actually was playing resistance and this is part of this falling pattern here. So I had it drawn into like here, but I never extended it. But because I saw his video, it reminded me. So shout out to the man, the king himself. But basically, yeah, this is one reason we’re getting resistance. I think that’s a big reason. Specifically, though, I think part of the biggest reason as well is the daily 50 simple moving average is pink. This purple line right here. OK. So that’s one reason. Another reason. And yet a third reason, obviously, is this. So there’s many reasons why you’re finding resistance right here. And this is kind of like the do or die right or fly moment, guys, if we can break this. And if we can continue up and I don’t mean breaking it by like $50 or $100, I mean a substantial move. Another candle. This size, then that would be really bullish. So we would need another five to six hundred dollar. In my opinion, to be really bullish for the short term, but there are always these possibilities that we’re gonna dive into. First off, the target for this breakout, if it is in fact at your breakout, is very high. OK. Nine thousand again, as we talked about yesterday. I think that’s a little too high. I don’t necessarily think that’s realistic. I think there’s a little too much resistance in the way before the short term, a very possible scenario that we could see if we’re not able. OK. This is all assuming that we’re not able to keep up the pump ridge, because if we’re not able to if we keep up the pump edge, then I mean, the team kind of speaks for itself. It’s it’s pumps out. Right. Absolute pumps on. So if we come back down to like this sixty nine, seven thousand dollar level, we could see a very strong bounce off here as we’ve had you have resistance here ever since March 19th. So a very long time, a few weeks where we had this is pretty strong resistance. So if we come back down, we won’t see support there to get mega blast off balance, mega zoom zone. But as we’ll hear, if we get rejected off here, this would still be OK. Even if we came all the way down to that 64, 64, 90, about sixty five hundred. So even if we went below the seven thousand sixty five could be important. And as well, guys, so important because that’s exactly where the 21 daily moving averages simple moving average. So these this line of this descent, channel nine months in the making, very important. This is on the daily. This is on the 4:00 hour. So it’s not necessarily as robust. I think this will be a more important level to stay above if we can find support here as well. We’re that. Twenty one guys. That would be golden if we get a pullback. OK. That’s on the downside. Now, there’s always the possibility that we do something like we’ve seen recently. We have a fair amount of candles on this chart where we have indecisions spinning top candles like you see right here, just like this one. OK. You can see that right here. And then the following day, we see a move up. So it’s possible. Today’s the big day. OK. Basically, I want to say this Tuesday is so important. If that candle closes like this, this would be perfect. If we got a candle that didn’t go up and it didn’t go down. If it just basically held right there, guys, that would be bullish. OK. Now, if we face a sharp rejection off of here, then that would be bearish. So today is really the day to watch. If today we can refrain from dumping and not we don’t even have to pump as long as we can hold, as long as we can hold here, then that could be golden. And tomorrow it could be very likely that we could try to get above this 50 moving average. OK. Very key. But as we talked about, you saw in the intro there, this is a very muddy zone. This is where most of the resistance is. OK. In the very tippy top of that would be right around here, like the eighty three to eighty five. But for the most part, this is where the strongest resistance most likely will be. We can actually zoom out and show you guys for the past almost three years when we actually make this a little smaller. You can see this three years. This area right here guys, you can see a very amount of very big amounts of resistance right here, just volume in general of the PVR. This culminates in a almost 3 years of data. So this area is huge, I think, and it is no coincidence that that’s exactly where the 50 and 200 day moving average are. Right. Right here, guys. So, again, very big zone. I think this is going to be much harder to get above than even this entire range right here. And like I said, if we’re able to get above this and go up to these levels, then I think it’s gonna be fairly easier to break this very long three year downtrend. OK. This goes all the way back to 20000 U.S. dollars all the way up there. OK. This could be a lot easier to break than it was the last three times. OK. Failed here, failed here and obviously topped out there back in twenty, seventeen, twenty, eighteen. So muchos importantto us if we’re able to break above that, guys. Very important. But right now this is kind of like the do or die rider fly decision time. So crucial. So will keep an eye on that on this chart. I wanna spend some time doing this, guys. This has been my absolute favorite tweeted about this chart last night. These lines have been crucial. Obviously, we got a bounce right here. So if if we can stay in this range, ideally what I want to do, there’s gonna be only about two more for our candles before we get a daily close here. So as long as we can remain above like the 73. Yeah, basically stay above 70, 300 guys. This would be good, but we’ll have to see what happens. We really don’t bounce around in here and then we could potentially see this climb up. But for right now, we really need to hold. I think I think the fact that we see like a spinning top candle where we have the body in the middle and then equal size walks on either side is probably the best bet we have right now. So if we can hold that absolutely golden, beautiful and then that, you know, things to watch for. Let’s have you jump to this article, guys, because of this. Let’s take a look at this is posted by Tony Spilotro on News BTC. Basically, according to data from a top crypto industry analyst, price floor Bitcoin could jump to as much as seven to eight thousand US dollars immediately after the having takes place. OK, about a month away. Bitcoin’s having its currently set to occur May 13th, just about a month away. The lack of cell pressure causes price to grow quickly, resulting in what many analysts refer to as a minor’s bottom. The bitcoin miners or an absolute price floor to which bitcoin price won’t trade below. Because if it does. Miners will stop selling and prices eventually stabilize. And according to data miners, bottom is set to rise to seven to eight thousand US dollars. The moment that having takes place next month. So, guys, what do you think? Do you think this is possible? If so, absolutely beautiful and golden. These things are starting to look very exciting. We’re really closing in on this, having guys a. The way. Time to get excited about the having. We could’ve been putting it off the last few months because everything going on in the world, obviously. I think that is the smartest thing to do. But now time it’s coming down to crunch time. Now this is where things get spicy. So, guys, thanks so much for watching. If you want all the T-A that I know and continuously we’ll be added two for one price for it, the cheapest price out of every course I’ve ever seen. Definitely. Check out the course, you know, in my YouTube videos. I definitely have to play the algorithm a little bit. I got to make him a certain length. I got to do certain things with the videos. But in these guys, these are jam packed full of knowledge and knowledge alone. I don’t got to play that YouTube algorithm over here. OK, so definitely check it out. Still a nice sale going on. If you want information, check out the description in the comments below and I’ll see you guys in the next one.

Report

Ledger Nano X - The secure hardware wallet

What do you think?

Comments

Leave a Reply

Leave a Reply

Loading…

0