URGENT WARNING: THE SPOT BITCOIN ETF IS NOT WHAT IT SEEMS [My exact strategy….]

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Timestamps:
00:00 – Intro
00:52 – Bitcoin analysis
05:05 – I am doing THIS right now (Bitcoin ETF)
13:16 – Urgent Warning (Trading strategies)
18:45 – More crypto news

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DISCLAIMER: Trading Bitcoin is VERY risky, and 80% of traders don’t make money. Make sure that you understand these risks if you are a beginner. I only recommend crypto trading to already experienced traders!

**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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Guys the big day is quickly approaching the big day in which we are going to either get the Bitcoin ETF approved or denied and in today’s video I’m going to go through my exact game plan what I am doing right now I will go through Bitcoin ethereum I will talk about what

I am going to do with my trading strategies how are these ones going to be affected on the day of the ETF approval or denial today I’m going to go through everything guys so make sure to stick around from the beginning until the end because this could be one of the

Most important videos that you are going to watch because you do not want to get wrecked on the day of that massive price movement that you are inevitably going to see for Bitcoin and the rest of the crypto markets so 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 what you can see for Bitcoin is that yesterday of course we were when I made

My video yesterday we were right above the red line right here and I said that my goal to case is for this red line to hold up and continue to hold up the Bitcoin price and on daily time frame you can see that we didn’t even break

Down below the red line here on a closing basis and from that point we did see a pretty substantial pump towards the upside now this had quite significant implications for everyone that are using my trading strategy so I will get into that here in a little bit

But uh my go-to case is still that this uh Orange Box and this red line is going to hold up the Bitcoin price with the one caveat and that is that if the Bitcoin ETF is denied then you are going to see a drop below this point but one

Thing is that first the Bitcoin ETF is likely to be approved and second thing is that we do not still know exactly when they are going to make that decision it’s anticipated it’s going to be um next uh week so at some point next week and I’m going to go through exactly

What I think is going to Happ happen and what I am going to do in each and every different scenario so Bitcoin pumped and this led into my trading strategies taking profit as well as you know that my trading strategies did accumulate significant positions and they had significant positions at this point in

Which I made the video yesterday this pump cleared all of the positions on okx and on bitat and it started a new cycle so what we then saw is that Bitcoin have been starting to go down again here from 43,800 down to to be something like this that way my

Trading strategies can Thrive and also I want us to not pump in anticipation of the ETF so I do not want us to be at like $50,000 or $46,000 on the day in which they make that decision I would want the Bitcoin price to be as low as possible on the

Day in which they’re going to make that decision so everything is still going really really well here for Bitcoin but let’s talk about some specific targets what I think is going to happen on the day of the Bitcoin ETF and of the decision and how I’m going to play it

First though for ethereum you can see also ethereum had a big pump yesterday and this is all about the narrative that ethereum once Bitcoin has had its face of the spot Bitcoin ETF approvals or denials if they get approved which it’s likely it’s going to be then the next

Major thing is going to be the ethereum ETF so um then of course a lot of money is going to flood into ethereum and so you’re seeing some of that anticipation right here also there were some comments Yesterday by vitalic um he talked a little bit about future for ethereum and

Stuff like that so um yeah ethereum is uh looking quite okay right now and uh it has been having a nice juicy pump here uh yesterday as well so that is all good for ethereum for traditional markets traditional markets continues to go up you can see that we are in a very

Clear Trend here of making uh you know some nice nice price action here for for ethereum on the way up sorry for traditional markets on the way up so that is absolutely fantastic as well and really everything is aligning right now for a massive bull market so that is all

Good now how am I going to play this and what do I think is going to happen so I already told you that I do not want Bitcoin to be at a very high price on the day of the spot Bitcoin ETF decision now it’s going to happen most likely at

Some point next week now the market in general tends to try to cause some pain the market tends to not do exactly as the prediction is so what is the prediction right now okay so the prediction is that you’re going to see the ETF being approved next week and

That Bitcoin is going to pump probably to you know 48 49,000 maybe even $50,000 on that ETF approval now we also know that a lot of people have been buying up Bitcoin in anticipation of the ETF being approved so we already know about a lot of people have been buying

Up Bitcoin and they are looking to sell on any pump coming up for Bitcoin so what are some of the scenarios that you could see well if the Bitcoin ETF is denied just like I said you are in all cases going to see a drop if the Bitcoin

ETF is denied you are going to see a drop now you’re going to see potentially a big bounce also once it bottoms out uh but you’re going to see a big drop so that is the case in which the Bitcoin ETF is denied which is not the likely

Scenario the likely scenario is that the Bitcoin ETF is is approved so what you can see when the Bitcoin ETF is approved is that you’re going to see most likely initially a very juicy pump okay and where is the Target going to be for this

Initial pump on the ETF well if we look at some of my levels right here you have of course $444,000 I think you’re going to crush that one you have 45 I think it’s going to crush that one as well then you have 47 so 47 could be one

Target the first Target on the initial pump of the ETF being approved and then you have 48 second target you have 49,500 and then you have the last one at 51,500 now I do not think that you’re going to go on that initial pump up to $55,000 I do think that probably some

Kind of top would be at 51,500 and then you have these targets down here just like I said first Target 47 48 49,500 now if you look at the weekly time frame this is of course my long-term chart this is something I’ve been talking about for years already how

I’ve been trying to prepare and trying to anticipate trying to get in to an eventual top and the inside of this steel box is where I thought that most of the gains for Bitcoin was going to be and I still believe that in the bull market guys we have already gone up let

Me just put this into perspective so as you know we were looking and um I was talking about this for many many years already and when we broke the RSI right here at uh it was at actually at5 $116,000 when we broke that RSI said

This is the start of the Bull Run okay so we have since then gone up by 170% now for us to go up another 170% Bitcoin would need to be at 140,000 no sorry it would need to be at about $114,000 now that makes it in my opinion

Likely that that most of the gains in this bull market has already in terms of percentage gains have already been made in terms of Bitcoin now for altcoins ethereum it’s completely different but for Bitcoin I think already that most of the gains have been made because for

Bitcoin to go up another 200% like I showed you it needs to go like 150 one almost $200,000 in order to get those kind of gains and I’m not completely I mean we could go there in this cycle yes but I do more think it’s likely that we could

Go up on initial kind of wave of the of the next top in the market could be somewhere around 12 120 $130,000 maybe so I think if you bought at the bottom right here when the RSI broke here on my chart and if you were watching my videos

I think that most of the gains have already been had so with that in mind where do I see and if we look at the weekly time frame if we draw a Fibonacci I already on the 4H hourly time frame showed you my um well right here showed

You some targets right on the 4 hourly time frame but if we look at the weekly time frame there is some key things to look at so if you draw a Fibonacci from the previous top to the bodies of the candles off the bottom you can see that

The Bitcoin price is respecting the Fibonacci levels very very clearly so you can see right here we have this resistance you can see right here we go up we have some drama right here we have resistance first and then you have support on the way down we go up you

Have support right here so on the weekly time frame you can see that the Fibonacci is very very well respected now one key level that we are approaching is actually the golden pocket right here the golden pocket is the area between this golden line right here on the Fibonacci retracement tool

And this green one so this is the golden pocket it’s a significant area in fact if you look at the TA throughout history not only ta but different patterns in nature and in the in space and time and everything this specific level mathematically has usually a lot of significance so anyway

I digress let us just talk about Bitcoin for now let’s not talk about philosophical things and how the Fibonacci tool actually works but what I want to say is that the golden pocket is right now at 48375 down to 4686 so this could also on that initial

Pump if you see the spot Bitcoin ETF being approved on that initial pump this is a logical point for us to have some drama okay this is a logical point for us to have a little bit of a pullback a little bit bit of a potential top in

That pump and um yeah so these are the levels you need to watch right now guys the golden pocket on the Fibonacci tool there between 46,800 and 48,4 approximately apart from that we do have these levels right here 45 47 48 ,200 uh so this would be somewhere along

The lines of the Fibonacci retracement tool and then finally 49,4 as well and then if you really have overshoot kind of then 51,500 my level there I do not think that we’re going to go up on that initial pump to 55,800 so there you have a couple of

Very clear and defined price targets guys for what I think is going to happen now once we see this pump let’s say we pump into the Fibonacci golden pump at 48,000 let’s say we go to $48,000 I do think it’s likely that you’re also at that local top going to

Have quite a significant drop so we could have a pump like straight up here to let’s say we only go up to 40 no uh let’s say we go up to $48,000 still in the golden pocket here and then from my resistance level right here maybe you come down maybe you even

Come down to 47 maybe you even start to approach approach this one at 45 and then see a bounce from this right that is not unlikely because remember a lot of people have been buying Bitcoin in anticipation of the spot Bitcoin ETF being approved okay so the main point

Though is that I think all of the people that are going to sell on that uh first little bit of a drop I think that over time if you look at the mechanics of the spot Bitcoin ETF over time it is going to lead into some significant pumps for

Bitcoin mov moving forward so the spot Bitcoin ETF is not about although yes you are going to see a pump initially when it gets approved if it gets approved but it’s mainly about the effect over time because it’s going to be a steady flow of money going to buy

Through the ETF it’s going to buy Bitcoin so I think the people that are selling their Bitcoin on that drop unless it’s for a swing trade that’s completely different but if you’ve been accumulating Bitcoin for this bull run and decide to sell on that uh ETF approval I think that is mistake not

Financial advice of course but I do think uh that you’re going to see like I said 120 150 by the end of this bull market so I think that you making a huge mistake if you are going to try to anticipate to sell at this point unless

It is a short-term swing trade just like I said now what does this mean this scenario that I showed you what does this mean for everyone that are using my trading strategies so my trading strategies have been doing very very well you can see that oh this just

Crossed 100% now it’s back down to 99 .5% uh but Bots are doing terrifically well here and um yeah I just want to show you the performance here before I talk about the scenario in which I think this is going to play out now my subscribers have been making on my main account

$123,000 in profits using my training strategies on my second account which I opened because my first one was full uh because they only allow 750 people you have already been making in just what is that 23 days $32,000 in profits so all in all it’s more than $150,000 profits for my subscribers so

This is the main metric which makes me happy to see all of you guys making so much profit all of these Bots are now full so yeah um if you want to get in click on slot reminder you have the link in the description uh if you want to uh

Use these ones because I created this account because the slots were full h on my main account and the only option for me right now to get more uh spot series because they cannot make more than 750 per account it is for me to create another another account but really I do

Not want to have like 50 accounts um so uh yeah just click on um subscribe and Slot reminder if it is full so you get notified as soon as new slots are being opened but uh yeah maybe eventually I will create a third account uh maybe in

A month I don’t know uh but generally I do not want to create more accounts so just click on slot to reminder if you want to use these ones of course on okx you can use it already so uh if you want to use these trading strategies guys

Click on this link right here okx claim up to $60,000 join now and then with one click you can set up each and every one of those Bots for bitat H click on this link boom $8,400 to claim as deposit bonuses and then with one click you can set up these

Bots as well uh click on slot reminder if you want to use them and watch my video at the top of the description explaining exactly how these Bots works so what am I personally going to do with these Bots and what are some of the key

Things you need to pay attention to if you’re using those ones well as you know when you have a big pump the Bots clear all the positions they take profit in all of the positions so if you have a very aggressive pump on the Bitcoin ETF

Approval date uh which uh you are most likely going to get remember that the bot is going once you finally see that top the bot is going to try to or it is going to start start accumulating positions on the way down so this is something you need to be aware of guys

Because if you see a big pump then the spot Bitcoin sorry the Bots are going to accumulate on the way down you could end up with uh an average price of let’s say if the top is at 48,2 you can end up with an average price for like $46,000 with these Bots

And then if you continue to go down that bot could be at some unrealized losses and it could be a while until we then see another big pump for us to take profit on those now for me I’m going to keep these open guys but you need to be

Very very aware of this if you see a big pump which is going to be likely that you’re going to see on the spot Bitcoin ETF date if it gets approved you’re going to see a big pump the bot is going to accumulate the positions from the

Very top so one idea could be to close the bots in anticipation of the ETF approv approval right and then when you see a big pump and you see a pullback then you could start a bot again now just like I said for me I am fine I’m

Aware of this this all ties into my long-term strategy but for you you need to be aware of this if you see a big pump the bot is going to accumulate positions from the very top down so you could end up with a position with an average price probably higher than maybe

You would want to so it could be an idea to close that BT and then start it up after all of the drama all of the volatility but what you could also see and this is the reason why why I’m not going to keep my bots uh closed or I’m

Going to keep them open as well and if you see a pump and let’s say the drops let’s say you see something like this right then this is ideal for the bot the Bots are going to make so much money on these drops accumulating because you’re

Going to see big volatility on the day of the approval okay this is like spread out over several days but let’s say you know something like this okay if you see something like this uh then the Bots are going to have an absolute field day and you’re going to

See them add so much profits so I am willing personally for me I’m willing to take that risk of the massive pump and then the bot accumulating on the way down uh and potentially accumulating at a higher price than I would initially would like to but um yeah I’m willing to

Take that risk because of the share vola the Bots could be making so much profit that day but yes it is a little bit of a risk unless you’re willing to hold that position for the next you know weeks months years maybe potentially even so

Um yeah that is what I think is going to happen these are the scenarios that I think is likely uh a couple of other things is that um we do have some bullish events happening and some bearish events happening towards the early 2024 as well the first thing is

That you’re going to see Mount go start to distribute Bitcoin of course going to add some sell pressure you’re also going to see Celsius putting $2.5 billion with of Bitcoin and ethereum into the market they are potentially going to sell in early 2024 this plan just got approved so we

Do have some sell pressure coming into Bitcoin and ethereum but once this is gone really there’s no excuses left once these factors are gone there’s no excuses left and uh yeah you’re going to see most of the kind of worrying X factors having been removed in the

Market so you can see the plan has been approved right here as well so Celsius has actually so far already sold according to onchain data sold $243 Million worth of ethereum in the last 30 days so they are already selling but yeah just be aware of this some sell

Pressure coming into early so ear this early this year is going to be very volatile for Bitcoin but guys the big money is getting I can already see that there’s ‘s a lot of money flooding into Bitcoin right now as it is in fact if

You look at the um most traded stocks in terms of volume yesterday you can see that Marathon digital Holdings which is a mining company was the most traded stock yesterday you can see you have The Usual Suspects Tesla you have AMD you have of course Intel Apple Ford and so

On but this Mining Company uh had more volume than than these companies yesterday so it just goes to show that uh yeah the the traditional money is starting to pour into crypto guys and that is a good sign we are early guys we are the ones that are going to dump our

Assets dump our crypto on the institutions right now so right so we have been accumulating throughout this bull run we’ve been accumulating and now of course we are the ones that are going for ones instead of the institutions dumping on us we will have the opportunity to dump on the institutions

Meaning the spot Bitcoin ETFs and and such so yeah these are the things I am watching out for of course be aware of the massive uh options expiration happening to tomorrow more than10 billion worth of options expiring tomorrow so make sure to watch my video from yesterday if you want to know more

About that but guys this is what I got for you thank you so much for watching this video and I will see you in the next one