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Timestamps:
00:00 – Intro
00:45 – Bitcoin analysis
05:45 – Watch this move on Friday!
07:03 – Trading strategies update
08:51 – More crypto news

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**Disclaimer**
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Guys today I need to talk about the most volatile move potentially in bitcoin’s history is approaching us very very quickly I need to talk about where we find ourselves in the market right now I need to talk about why this Friday is going to bring some Insanity into the

Crypto Market I will talk about ethereum I will talk about altcoins I will talk about the Bitcoin spot ETF I will talk about the trading strategies everything you need to know in order to make money in the crypto space so guys make sure stick around from the beginning Until

The End do not Get Wrecked on the massive move that is happening on Friday and that is happening next week 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 okay let’s get straight into it guys so took a few days off but where we find ourselves right now is that Bitcoin has had a little bit of a pullback but hey you can see this is the

Uh beautiful thing with the orange box you can see that that we went down we got supported on the edge of The Orange Box here in fact on The Daily time frame we didn’t even close any candle below this on the Wicks we were supported on

The Daily time frame off of the edge of Orange Box the red line so this is all looking pretty good for Bitcoin guys of course if I had to uh decide if I wanted Bitcoin to go up or down um when we were up here of course I wanted us to go down

Because I want the Bitcoin price to be as low as possible on the day of the ETF approval also this is very good for the trading strategies which I am going to get into here in a little bit and give you an update before now we are steadily

Above the uh Orange Box the red line and on The Daily time frame we still haven’t even closed below it so my goto scenario for now for Bitcoin is that we stay above this uh support level up here and it’s looking more likely for me that we see another push towards higher price

Compared to a full breakdown right here now there are some caveats to this of course we do have the spot Bitcoin ETF if they come out and deny that of course you’re going to see a drop like this straight down like nothing Orange Box goodbye straight drop if they deny the

Spot Bitcoin ETF so I want to make that very very clear that is One X Factor that you have right now if they deny the spot Bitcoin ETF you will have a complete red candle straight down so be prepared for that you need to be prepared for all different scenarios but

I do think it’s more likely that you see the Bitcoin ETF being approved and at that point I do think and especially now that we are at lower levels than we were right here I do believe that we’re going to see a green candle and then

Potentially a red candle as all of the people take profit the people that were buying up Bitcoin in anticipation of the spot Bitcoin ETF approval and then steadily we are going to go up after that that is what I believe is going to happen but I will make a dedicated video

Video on how I’m going to play exactly the uh spot Bitcoin ETF approval or denial so that is just something we need to consider in terms of timelines now for Bitcoin on The Daily time frame you can see that on the daily time frame the Lux algo buying signal is still intact

So that is fantastic here for Bitcoin as well even in this pullback we didn’t get a sell or kind of a reversal signal that the trend is Shifting for for Bitcoin air on The Daily time frame so all is still looking pretty well ethereum saw some severe draw Downs here as well got

Supported off of my orange line at 1 at 2,194 so that is also something to take note of traditional markets uh as you know they are still pumping here they’re still going up in general still looking very well for traditional markets honestly guys we do have this trend line

And uh yeah things are looking well for traditional markets and uh if you look at the longer longer term chart for Bitcoin on the weekly time frame we are getting so close to the having right now and we’re almost actually at the peak of where I thought like this would be

Potentially the top in which we cross this point like the the green line right so we did go down we almost hit the red line right here and down on the weekly time frame we have gone up ever since so everything is still looking good for the

Uh bitcoin price on the weekly time frame as well and how about altcoins well altcoins are actually making a historical signal right now so what you can see for the third time ever is that the altcoin market cap has broken above the monthly Ballinger band so what you

Can see right here we’re breaking above the monthly Ballinger band this has happened two times in history previously actually we broke it right here and after that altcoin market cap went absolutely nuts we broke it right here as well and altcoins went absolutely nuts here as well so what we’re looking

At is the green line so you can see we break the green line here here which is the uh um the average of the Ballinger band width so we break it boom straight up we break it right here as well boom straight up and we have broken it as

Well here on the monthly time frame so looking good for alt coins things are falling in place now if you already know what I have been talking about well let me remind you I do think that money is going to flood from traditional markets into Bitcoin and then from Bitcoin into

Altcoins that is a very simplified way of put it but uh yeah you can uh watch my previous videos in order to understand exactly the scenario I think is going to happen here and why this is such a huge opportunity but there’s some key things there’s some manipulation

That is going to happen this Friday and I will show you exactly why so on Friday you have potentially I think one of the biggest one of the largest options expirations in bitcoin’s history you can see this is actually totaling more than $1 billion dollar just on Friday alone

So some people have been making bets that Bitcoin is going to be higher or lower than a certain price on this Friday the 29th so here on derit for Bitcoin you can see the calls having $4.5 billion the puts almost $3 billion so that is $7.5 billion just for Bitcoin and then

You add ethereum and this is only on derit and then you add also the other exchanges so it’s well over $10 billion worth of options expiring this Friday and there’s already going to be low liquidity on Friday because it’s still kind of holiday season so expect some huge moves leading into this options

Expiration guys on Friday for me if we come down well that’s fine I want the Bitcoin price to be as low as possible on the day of the um Bitcoin ETF approval if we go up if you do see Bitcoin go up heading into Friday well

It is what it is Bitcoin is going to go up eventually anyway right but that means that my trading strategies are going to take profit in fact let me uh talk quickly about my trading strategies here because on the pullback we did have some um positions being accumulated

Actually we were a little bit unlucky uh or I was a little bit unlucky because on this particular pump so first they bought accumulated positions on the way down there to 42,500 then it almost the take profits were at 48 sorry 43,900 50 so it was right here we almost

Came to that level went to 43,800 uh but we didn’t take profit instead we went down and the Bots accumulated even more positions but if we would have taken profit here on those Bots then you know we would have made big profits here and the bot would have

Accumulated even more on the way down here so that would have been ideal got a little bit unlucky but I’m not too worried because the bot have gone down it has accumulated more positions and here’s the thing here’s the thing guys the next batch of take profit is going

To be for Bitcoin at 42,900 uh for the fast bot 43,372 take profit obviously very very quickly there for uh bitat same thing here these have accumulated positions they’re waiting to take profit as well by the way guys we do have uh we do have

Um the last 20 slots here 22 slots uh left on the um Bots here on bitk as well if you want to take advantage of that some other news that has happened is that Barry silbert from uh grayscale is actually stepping down and I do think

This has to do something thing with the ETF approval so the conversion I should say from gbdc to the spot Bitcoin ETF from grayscale I do think this is something to do with it because he’s involved in many lawsuits as well so um yeah that was what I believe so this is

A good sign for the approval of the spot Bitcoin ETF in general uh other than that we do have uh Mount GA so Mount GA are right now um starting to pay out people but uh apparently they’re paying out double the amounts so after 10 years they’re still messing this thing up so

Um yeah mount Go’s starting to pay out some of the funds so finally we can get that out of the way um other than that we do have like you know we have the SEC deadline for the spot Bitcoin ETFs they have come out and said that they want

All of the ETF providers to file amendments by December 29th so that is the end of this week actually it’s Friday so um they want to wrap this up next week they want to get the final amendments in place this Friday so that they can get the ETFs approved approved

Next week so that is what I believe we will see if that is going to be the case or not guys if you want to uh use my trading strategies as well go down to the description of this video you can find my okx link right here claim up to

$60,000 by clicking on this link click join now and then with one click you can set up each and every one of those Bots right here H if you cannot use okx there’s still 20 spots left on bitat so click on this link up to $8,400 in deposit bonus

Go down and uh with one click you can set up these ones as well click on this it’s going to take you right here subscribe and then choose whichever bot you want to use if you want to use the best trading tool kit available you do

Have the Lux algo right here up to uh 20% discount with my link click on this one and uh you can use that as well it is still by the way just like I said it is still keeping that Buy Signal intact so we will see what is going to come out

Of this okay guys that’s what I got for you thank you so much for watching this video and I will see you in the next one