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Timestamps:
00:00 – Intro
00:57 – Bitcoin analysis
04:54 – Bitcoin ETF news
07:15 – More crypto news
07:40 – Trading strategies (IMPORTANT)

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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.

This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research.

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Guys Bitcoin has had a drop and right now we are sitting at a very critical point in terms of where the next major Bitcoin mov is going to be and guys there’s only 6 to 10 days left until you’re going to see something very very violent in terms of Bitcoin price action

So guys today I need to prepare you for that I will talk about the reason why we saw a drop for Bitcoin I will talk about what’s been going on with the spot Bitcoin ETF stuff you need to know right now if you are at all involved in the

Crypto space and also if you were involved in altcoins today guys I’m going to also talk about what you need to understand if you’re using these trading strategies so if you’re using these trading strategies guys make sure to watch this video from the beginning Until the End very key stuff to talk

About in regards to that as well 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 and what you can see is that the red line has actually been broken down into you can see the Bitcoin price the Bears managed to push us down below the red line here we did see inside of this Orange Box we did have a

Big uh bounce however look at this now because we broke down from this Red Line This is now going to prove to be resistance for Bitcoin and if you look at the daily time frame guys um you can see that we closed one candle below here

And this candle has opened uh inside or like below the red line so what we want to see today guys is we want us to go up immediately above this point right so for the Bulls to still show that they are in control of the market we need to

Hopefully today break through this point if we cannot break through this point and if we consolidate and continue to trade right below this one then it is looking likely that we’re going to trade in this range in between the well basically inside of The Orange Box here between $42,000 and

$40,000 right so as you know guys in yesterday’s video I talked about a potential top for the traditional markets and how I think that we or how I thought that we were at a local top and that we were going to have some pullbacks for for the traditional

Markets and this is the reason also well it’s not entirely the reason but of course this also affected Bitcoin now what I will say and I will be 100% transparent with this I thought my go-to case was for the red line to hold up Bitcoin here so even though we did see

This uh drop yesterday like I talked about in yesterday’s video and by the way look at this we got supported right on the dollar of my of my orange line here so yeah we did see just like I anticipated a drop for the traditional markets however where I was a little bit

Uh wrong or the markets uh I mean I thought that this red line would hold up the Bitcoin price and it did several times but ultimately it didn’t manage to hold it up um like it held it up multiple times but then ultimately now we are trading below it and just like I

Said for the Bulls to regain control of this Market we need to see a pump Above This level and consolidate about this level and then continue towards the upside while we are below this point uh that is looking likely that we’re going to see some more downside however as you

Know we are in very very critical and very volatile times guys and with the Bitcoin ETF approaching or this decision of the spot Bitcoin ETF approaching you are going to see even more volatility than what you’ve been seeing here recently so you have to be prepared for

That guys but for now in terms of traditional markets we are still being held up by my orange line here and there’s still that chance for us to on The Daily time frame break above this point and consolidate above this red line and close a couple of candles above

This um red line here so that is what I am watching right now for ethereum we are still trading in within this range so nothing has changed here compared to my last few videos goto case is still the same that you need to be aware of these support and resistance points and

If we jump back to bitcoin as you know and I’ve been saying this I do not mind a drop for Bitcoin at all in fact my ideal scenario would be for Bitcoin to continue to go down here so that we are at a much lower price on the date of the

Spot Bitcoin ETF decision so I do not mind us going down here and this also ties into my trading strategies which I am going to cover in the end of this video so first let’s talk about my general outlook here and just like I said I do not mind Bitcoin going down

Even lower it’s just going to be the lower we are at the point in which the Bitcoin ETF decision is going to be um the better in my opinion so I do not mind that but if you look at what’s uh been happening here recently in terms of

The spot Bitcoin ETF yesterday was the the final day for amendments for the spot Bitcoin ETF providers meaning it is the last time they could make amendments to their applications now there is one key thing to take note of here so all of these ETF providers they need to have

What they call AP authorized participant meaning someone that basically has a good reputation and they can back up these ETFs now just to show you um kind of like how false of a picture these traditional are trying to do as you know um a couple of what was like a couple of

Days ago JP Morgan CEO said that if he was in charge and this was in Congress if he was in charge he would shut Bitcoin down or shut crypto down and um this is what he said and now and this was JP Morgan and guess what Black Rock

Now naming JP Morgan as authorized participants for his proposed Bitcoin ETF so on one hand they are saying oh we should should ban everything that has to do with crypto the CEO himself you can see December 6th so it was just like uh 25 days ago and then on the other hand

They are working with the ETF providers to uh to make this actually happen so you can just see how don’t trust everything you see everything they say just watch what they’re doing and you can see what they’re doing is getting involved in crypto heavily at the moment

So we’re most likely going to see a decision for the spot Bitcoin ETF next week so the next six days are going to be absolutely fantastic if not next week but I do think it’s more likely it’s going to be next week if not next week

Then early the week after but uh yeah and you know my scenario already if Bitcoin goes like I talked about this in length make sure to go back and watch my previous videos if you want to know about exactly what I am doing personally how I’m going to play this and how you

Need to be prepared for every single scenario if Bitcoin has a mass massive drop if Bitcoin has a massive pump if it gets denied if it gets approved everything so make sure to watch the last few videos I’ve been making here on the channel but for me you already

Probably know by now what I am going to do myself so um miners have been selling Bitcoin and this is kind of the other part of the uh whole ordinal uh kind of hype that is going on right now is that miners are earning so much in Bitcoin

Fees and they are then dumping it into the market so you saw some min ERS take uh well take I would say take profit but they were selling a lot of Bitcoin into the open market the last few days so that is also something that we can be

Aware of so now let’s finally talk about my trading strategy so my trading strategies have been accumulating quite significant um positions now for Bitcoin and ethereum so fast bought for Bitcoin eight positions SL uh yeah slow B bought four positions fast cycle bought four positions as well and even more for

Ethereum so my take profit for Bitcoin in general is $43,000 all of those positions uh all of the Bots will take profit and for ethereum if we reach 2362 sorry 2365 then all of the ethereum Bots will take profit at that point as well so um

I need to warn you as well as you know if you do not understand how these Bots work they buy the dip so make sure if you’re using these ones make sure to once again even though you probably have been seeing it pre previously but make

Sure to go back and watch the video at the top of the description showing you the importance of making sure you do not get liquidated if we see another big drop here for Bitcoin then the Bots are going to continue to accumulate but we’re getting to the Limit especially

For the uh cycle Bots here we have six out of eight so you do not want to get liquidated make sure to watch that video from the beginning until the end I go through the reasons why very very clearly and what you need to do to

Prevent that so make sure to watch that video for me I have managed risk and if we see another big pullback for Bitcoin I am prepared for that and if we see a big pullback for etherum I’m prepared for that as well and I will just

Continue to buy the dip on the way down here I do think I granted the volatility that we’re going to see for Bitcoin and ethereum in the next U well call it next few weeks I do think that these ones are going to thrive but we still of course

Have to manage risk so if you want to use these trading strategies and the profits on my bots on bitat are also obviously very very high but yeah like I said if you want to use these trading strategies right now uh on bit cat the slots are still full so you need to

Click on slot reminder to get reminded whenever the new slots opens up uh but they are open on okx so if you want to use it on okx go down to the description of this video click on this link right here claim up to $60,000 right now and

Uh then with one click you set up these Bots right here but just like I said watch the video at the top of the description to understand exactly how this works and for bitat if you cannot use okx click on this link right here claim up to

$8,400 and then click on well both of these ones are full right now but click on one of these links and then click Subs sorry slot reminders you get reminded as soon as a new slot is being opened so it’s first come first serve basically so you want to click on slot

Reminder 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