BIG BITCOIN BOUNCE! MOST PEOPLE WILL NOT BE PREPARED FOR THE NEXT MOVE!

BIG BITCOIN BOUNCE! MOST PEOPLE WILL NOT BE PREPARED FOR THE NEXT MOVE!

Bitcoin continues to move towards the upside and if you miss this big move from my orange box at $588,000 all the way up to my next one at $63,000 today I am going to talk about the next major opportunity that you will be able to make money on in the crypto space so guys today I’m going to go through why we’re seeing this bounce I’m going to go through everything you need to know if you are at all involved in the crypto space we had so many liquidations for shorts yesterday which has contributed to the pumps that you are seeing right now for Bitcoin and the cryptos that we are all watching so guys very important video today make sure to watch it from the beginning Until the End welcome back everybody my name is Chris bringing you cryptocurrency videos every day teaching you how to make money in this market if you’re new to the channel then make sure to subscribe and activate the Bell right now so let’s get straight into it guys so as you know guys if you look at uh my past couple of videos I have been saying that I I think it’s a very likely chance that we were going to see big support of The Orange Box at $58,000 in fact when I said that I think it’s the most likely scenario for us to actually find a bounce here we were actually below it so we were somewhere around here when I said that I think that this is going to be a big support level and that we are most likely going to see a pump towards the upside so I gave it a 50% chance that we see a bounce off of this level even though we were below it when I said it which is a little bit of a weird thing uh but um yeah and then I said that a 90% chance that we are not going to go below 51,6 so I still stand by that guys and obviously with this pump it looks more likely that that could actually be the case so what I also said is the next level of resistance is going to be my next Orange Box at 63,500 so now we have reached it so we have had a big bounce in fact let’s look at this it’s like 12% 133% bounce off of uh The Orange Box here so that is a very very uh good thing to see but now we do have the big test here we are right below Massive Resistance so let’s see if we can break through this if we manage to break through this I am anticipating quite a decent bounce up to $68,500 now that’s quite some ways off that’s another 10% so it’s quite far away in terms of price but in terms of support and resistance levels in terms of the structures of the market that is the next logical point in which you’re going to see resistance at so obviously guys I will continue to update you on everything that’s going on here uh but when people are fearful that is when you buy there was a lot of fear in the market yesterday when we saw this drop right so um as you know I posted a couple of charts here showing you that I was expecting on Twitter here a defense at my Orange Box uh Bitcoin is taking a huge beating my Orange Box will defend so that is when we were at 57,600 so congratulations to everyone that actually have bought this pump and you are now seeing some nice gains across your bags for Bitcoin and for altcoins so that is good to see massive congratulations to you I will continue to obviously uh talk more about what I see is happening next but first things first break through the $63,800 level and the next one will be at 68,500 so that would be a logical trade to take maybe you wait until if you’re not in a trade right now maybe you wait a bit until we clear this point and we make this support and then you jump into a trade towards the upside so let’s keep our eyes on that now let’s talk about some big opportunities because the traditional markets have also now broken above the downward sloping trend line I had right here as you know this was a very important trend line and in my video yesterday I said that this has been established and if we can manage to break through is we’re going to see a little bit of a pop towards upside and we are also going to break the downtrend which is very very important to do so things are starting to slowly look a little bit better for traditional markets and for Bitcoin here so that’s good to see also when you look at the weekly time frame the Bitcoin dominance has been going up since the bare Market the Bitcoin dominance has been going up but this is a big opportunity because whenever you see big drops in the uh Bitcoin dominance that is when you see crazy gains among the alt coins and I do think that you are going to have these period still where you see big drops in the uh Bitcoin dominance and especially as the bull market continues even though you have had a drop right now remember 21% drop is what we have or we had like 22% that is typically when you look at the previous drops we have had throughout the last two years that is typically when you have a 21 22% drop usually we do see a big continuation towards the upside once you have that is like the the key figure 21 the key number 21 to 23% is when we usually see a trend reversal and we go towards the upside so we have had that right now and I do think that we are also going to see some drops in the Bitcoin dominance moving forward and that is when the altcoins are going to go nuts now of course you cannot just buy any altcoins yes most Alton are going to pump but if you manage to uh pick the right ones that is when you make the 5 10 50 100x Returns on the altcoin so as always guys I am just like I posted here on my pinned tweet over on Twitter I will be sharing much more altcoin moving forward we are at that stage of the market some will do a,x some will go to zero that is the game we are playing so some alt coins are going to make life-changing amounts of money so that is all well that is the game we’re playing now yesterday the US Labor data for April came in slightly weaker than expected so unemployment rate came in at 3.9 versus 3.8 in the forecast and also uh lower than expected on the non-farm payrolls so meaning the economy is a little bit uh worse than the expectations of the market which meant that the market reacted well to this so maybe the feather going to start to cut interest rates so now the market believes that we’re going to see two rate Cuts this year and end at 0.5% Less on the interest towards the end of the year so that is why I’ve been saying as the market has been very very pessimistic right now the recently we’ve been very very pessimistic in the market that is when you can actually surprise towards the upside and you can have these pops right so that is all good also what’s really really interesting yesterday we had one of the biggest days of inflows into the spot Bitcoin ETF and also look at this even grayscale gbtc had an inflow of $63 million why would someone buy grayscale gbtc when you can buy other ETFs with much lower fees well I don’t know but we’re seeing actually gbtc by Bitcoin as well so that is good to see it’s the first day of inflow into gbtc that is all good very nice to see now continuing the FED Williams so working for the FED said inflation continues to move lower I do not know which numbers he is looking at because it seems like inflation is stting to become a problem again so uh is this just a proof that uh they don’t know anything at all or was this a mistake I don’t know I don’t honestly I don’t know which numbers he is looking at but to me it seems like looking at the last few months it seems like inflation is actually starting to increase a little bit so I don’t know but uh I guess the market took this as a good thing as well now finally I want to show you the amount of liquidations you had the last 24 hours so the amount of shorts that were liquid liquidated was $130 million so that is absolutely massive to see here as well so short liquidations spiked little bit of a squeeze towards the upside here and also guys we have not yet gotten the uh bullish signal from the Lux algo as you know it is probably the bull the most uh accurate and bullish signal you can have in the market uh the last few years on The Daily time frame whenever you have that buy or bullish signal we tend to go up high so you had it one here boom you had one here boom you had uh one here boom so essentially every time we get this we pump towards the upside almost every single time uh so the next time we get it I am going to let you know I do think we’re pretty close to getting it but as soon as we get it I will let you know and of course if you want to use theux algo yourself you’re able to get it down in the description with a discount going down right here you have the Lux I’ll go up to 20% off using this link and big updates coming to my trading strategies for Buy okx and bitat so if you want to get the best deposit bonuses available out there as well go to buybit $30,000 okx $60,000 bit Gat up to $440,000 guys that’s what I got for you today I hope that you’re going to enjoy the rest of your weekend and I will see you in the next one

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**Disclaimer**
Please be advised that I own a diverse portfolio of cryptocurrency as I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.

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