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Timestamps:
00:00 – Time running out [Spot etf danger?]
00:52 – Prepare NOW for these Bitcoin moves
07:20 – Altcoins are getting REKT
10:57 – I am taking these trades NOW
13:54 – More crypto news
16:02 – Trading strategies

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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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Guys time is running out for the spot Bitcoin ETF and as the days goes by even the hours goes by more and more people are starting to panic that the spot Bitcoin ETF is not going to get approved on Wednesday and they are starting to sell their bags guys today I going to

Talk about what you need to know as we’re so close to a spot Bitcoin ETF decision right now the stuff I need to show you and why alt coins are taking a massive beating right now is this going to continue if you’re holding any alt

Coins at all guys you will want to watch this video I will let you know everything you need to know going into these first few days of the week where you are going to get that ETF decision for Bitcoin so welcome back everybody my name is Chris bringing new

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 on the 4 hourly time frame is that you know that in

Yesterday’s video I was talking about this triangle formation how we had a trend of making higher lows but we had equal highs because we were being rejected every single time here of my orange line here on the resistance point so you can see it very clearly and what

I said yesterday is that we’re going to have to make a decision here we are either going to have to break through this to the upside or we will need to break this towards the downside so this is the point at which we were going to

Have to make that decision so what we saw is we saw the Bulls trying making a try here to try to break above the orange line up here at 44,00 uh but we did um well first actually let me let me rewind that so first you saw a big Try by the Bulls

Here boom got rejected and then you saw actually the Bears try to push us down here we went down to 43,700 the Bulls took control and pushed us once again inside here and actually above so we managed to get a decent try to break above this point here at

44,00 and then again the Bears to control and boom straight down here and we find ourselves below it right now although the Bulls have been trying to again make a push here and then trying to push us above here but we got rejected once again off of my red sorry

My orange line so this pattern and this uh kind of um thesis has now played out now let’s see what the next major Bitcoin move is going to be now there’s a lot of things to unpack here I’m going to talk about altcoins and why they are

Down and what I think is going to happen with altcoins and Bitcoin moving forward however one thing I will say is that the spot Bitcoin ETF it has to we need to get a decision by probably Wednesday Thursday at the very latest that is the deadline the hard deadlines that the SS

Has and the longer we go here guys H the longer we go and getting closer to that deadline line the more you are going to see people start to take profit here for Bitcoin because right now the people that were buying Bitcoin in anticipation of the spot Bitcoin ETF and then looking

To dump on the day of the spot Bitcoin ETF uh approval or decision at least uh those people um that are expecting the spot Bitcoin ETF to get approved the longer we go without it getting approved they will start to to get shaken they will start start to say like okay maybe

We’re actually not going to get the spot Bitcoin ETF approved and instead of waiting until the deadline which is depending on uh you know when when they’re going to do it but the latest I would say Wednesday um so instead of waiting until Wednesday if they think

That the ETF is going to get approved or denied it really doesn’t matter but the ma what matters is that they had the intention of taking profit on that move when you get the decision instead of waiting for the decision more and more people are going to start to take profit

Which is a good thing honestly because if we can see some you know potential uh more dumps here for Bitcoin as we’re getting closer to the deadline I want and I’ve been saying this multiple times I want the Bitcoin price to be as low as possible my dream scenario if I could

Choose myself guys I know this Orange Box this red line is super strong held up the Bitcoin price multiple times here especially on the daily time frame if you look at something like this you can see how strong The Orange Box the red line even is but if I could I don’t

Think this is going to happen but if I were able to make a choice myself I would have loved for Bitcoin to go down to something like $38,000 it’s not going to happen guys it’s not going to happen well if the ETF is denied could happen but uh other than

That at the point in which you’re going to get that decision I would have loved for Bitcoin to be at $38,000 now if you’ve been watching my videos you know that I have been saying that I don’t think that anything like that is going to happen my base case has always been

For The Orange Box up here to hold up the Bitcoin price which has been doing so far but the lower Bitcoin is at the point in the in which the spot Bitcoin ETF is approved or denied for that matter as well the better for Bitcoin because then you know all of these asset

Managers going to say hey look when we when we launched a Bitcoin ETF we went from $38,000 to $45,000 oh you need to jump in right now time is running out and such and the ETF f is going to be a kind of long constant buying pressure

For Bitcoin which is going to be amazing and um yeah the lower we are I do not mind because I do know in my opinion that Bitcoin is going to reach higher prices eventually but just to make it clear guys I do not think that we are

Going to go down to these uh incredible low levels however I do think that as time goes by and uh the longer the ETF DEC drags on the more people are going to start to slowly get out of their long positions here which is going to add

Some selling pressure for Bitcoin so we need to be prepared for that but I’m not expecting anything like completely crazy unless you see that decision itself in which you are going to have massive volatility and I laid out my strategy exactly what I think is going to happen

In my previous videos now for ethereum you can see that ethereum has actually had a quite Juicy Drop here um we came we almost went down to the very low for ethereum here we actually went down we we are above like 3.3% from the very massive crash you saw

For ethereum right here but on the daily time frame we’re still meeting support here off of my orange line which is to be expected here you can see how many times it has supported the Bitcoin sorry the ethereum price and how many times it been rejected the ethereum price on the

Daily time frame so I continue to watch this and I’m going to talk about some trades here as well moving forward so stick around stick around with me guys for traditional markets traditional markets have opened up a little bit red so starting to slowly roll over here and seeing some more downside for

Traditional markets so that is also something we obviously need to keep our eyes on especially as we finally are about to have that resolution of the spot Bitcoin ETF decision the traditional markets are going to start to influence the Bitcoin price even more moving forward now let’s talk about

Altcoins because altcoins during the last 24 hours have seen some quite Juicy Drops and if we look at the week you can see that many altcoins are down like 20 25 30% and for the last day they are down between 8 to 15% so altcoins are seeing some massive sell-offs right here

And for a couple of different reasons for the people that believes that the spot Bitcoin ETF is going to get approved they are now unwinding their altcoin positions and getting into Bitcoin because if it is approved Bitcoin is probably during that small period of time going to outperform

Altcoins however if the let’s talk about scenario if the bit coin ETF is approved what you will then see is the people that got into the people that have been selling right here that got into Bitcoin are waiting for that spot Bitcoin ETF approval riding the Bitcoin profits to

The top they are then going to start to add to their altcoin positions again so really if the Bitcoin ETF is approved I just expect this to be a big balance for the altcoins I expect these sell-offs to become massive greens ones we also see that Bitcoin ETF being approved um of

Course if we see a drop then everything is going to get hammered Bitcoin is going to go down and altcoins are going to go completely they’re going to get completely completely wrecked guys so that is something that you need to be aware of as well and altcoins really are

At a key point if you look at ethereum to bitcoin and you can see that we are at the key point it’s basically 0.05 of a Bitcoin one ethereum is 0.05 if you look to the far right here currently and this is a big psychological level also a big support

Level because you can see we’ve been bouncing off this level a couple of times if we manage to lose this then the next stop is really 0.42 which is quite a Juicy Drop if Bitcoin stays flat that is 16% compared to bitcoin so Bitcoin could stay flat

And if we lose this level ethereum could underperform by 16% now for the rest of the altcoins as well if you look at the Bitcoin dominance I’m going to show you a couple of key key charts right now the Bitcoin dominance is currently sitting at uh 54%

And if you do not know what this is basically the Bitcoin dominance shows us how strong Bitcoin is compared to the rest of the crypto market and you can see we had a big big pump the last week here Bitcoin saw a massive regain of dominance here and if we break through

This guys to the upside and a spot Bitcoin ETF being approved could be the Catalyst here then I’m expecting a big pump here and then a wick as people are then um taking profit here on bitcoin and putting it back into altcoins uh you cannot really go back on the charts here

But hey you get the you get the understanding so that is what I believe is going to happen so I wouldn’t be too worried if the Bitcoin ETF is approved and you see Bitcoin start to run and the altcoins start to fall behind because it’s going to take maybe a day maybe a

Week maybe a month even but then altcoins are going to regain a lot of that strength and if you look at the altcoin at total three which is basically uh alt coins you can see that we’re also sitting at a key Point here at 450 what is that 465 right now we got

Supported off of the orange line right here so um if we lose this level then that’s another 7% in underperformance compared to bitcoin and ethereum even so let’s keep our eyes on this guys and also what I will say is that during this volatility that you’re going to see on

The day of the spot Bitcoin ETF decision I’m going to put a lot of buy orders here I’m going to put one small buy order here at $42,000 for Bitcoin another one right above my orange uh box right here above 40 right about like 40,200 and then I’m also even going to

Add just in case we see a denial or you see a massive drop whatever happens I’m going to put some lucky orders here if they get filled they get filled but I’m not expecting these ones really to get filled but uh I’m going to put some

Orders there as well so that is for Bitcoin for ethereum same thing here I’m going to buy I’m going to put some buy orders here for on these Orange Lines here on this support levels just in case if you see see a big drop and then a

Wick I think that that is going to be a massive massive thing as you know guys that is actually what we did also right here right oh no sorry yeah it was one of these I don’t know if it was this one or if it was this one maybe it was this

One actually uh where I had some uh orders here for Bitcoin at my orange uh red line up here I even had at the bottom of the of the box here and then as Bitcoin went down this happened so fast all of these orders were filled and

Then I had a big balance here and I took profit I think I made like $25,000 or something like that as you know guys you have my trading document here in the links so you can click boom all my trading history and you can find this

Actual trade I am talking about here if you just click on let me just show you real quick all my trading history you click on this one and then let’s go down here and see uh which one it was I think it was this one actually made $337,000 in profit so

If you click on this one and you click here uh yeah it was so why does it say $37,000 when the profits and loss I think this is just a typo I I will have to check this guys but what you can do is you can just click on this link right

Here and then I go through the actual trade H that’s that’s strange I will see what what what this is about maybe the link is wrong I will see oh sorry sorry oh my bad the exit is 37 ,000 the profits were $9,000 okay that explains it um so let’s

Uh go back to to bitcoin I just wanted to show this that if you want to learn more about trading you should just go to the document click on any one of these trades I show you when I enter exit my talk about the trades and and everything

Else here as you know guys we are aiming to go to $1 million from the initial $4,000 we we’ve been using here and I’m showing you all of the process here I haven’t even been adding the profits we have on the Bots here currently I will

Talk more about the Bots here in a bit but yeah uh one thing I will say though also guys if you want me to uh show you this uh support levels and resistance levels for your favorite altcoins maybe you want to know some um ranges in which

You could buy some or put some buy orders if we see a massive drop for your favorite altcoins let me know down in the comment section guys and I will go through them hopefully tomorrow I will uh I will go through some of those altcoins as well another thing when it

Comes to the altcoins uh there is one massive whale that has borrowed he has done a kind of weird thing so he’s using ethereum and usdc as collateral and uh he’s borrowed a lot of Bitcoin probably for the spot Bitcoin ETF right so then it’s going to unwind this however this

Is dangerous because the liquidation price is right now just under 0.05 and as I showed you the ethereum to bitcoin ratio right now if I go here is currently 0.055 so it’s very close to reaching a point in which this whale could potentially start to get liquidated and

That is not a small amount guys it is um about $64 million that could could get liquidated if ethereum starts to or continues to underperform bitcoin here so that is uh that is one thing we need to be very very aware of as well you could see an unwinding event here on on

Ethereum for a and I do think just like I talked about previous l in that case you’re going to see an unwinding you’re going to see ethereum have a big unwinding and then a big bounce so I do think that buying at some of these levels is going to make sense that’s

What I’m going to do guys but of course not Financial advice moving forward we have some more information about the spot Bitcoin ETF so decision it’s likely we’re going to see that decision on Wednesday unless the S pulls um pulls off something saying like oh we need

More time or whatever like um but then they will get into a lot of legal trouble as well so base case is at the very latest Wednesday you are going to see a decision for that just like I said the closer we get to Wednesday which is

The hard deadline um the more people are going to start to take profit as well on Bitcoin in my opinion so we will see but be prepared for that and then he’s saying that the ETF itself could actually launch on Thursday if you get approval on Wednesday so that is also

Something to be aware of and you do have it’s going to be interesting to see how much money that these ETF providers already have lined up for the ETFs wants to get approved now finally quick talk about my strategies here you can see and this is massive as Bitcoin is going down

As Bitcoin is going sideways we just reached 200% profit on the Bitcoin cycle bot which is absolutely insane and many of these Bots are continuously um doing great work adding more profits every single day during this volatility so volatility is really helping these strategies one thing though is that the

Ethereum cycle bot is still stuck on a big position here we need to see a big pump for ethereum for this to take profit so that is something to be aware of manage risk manage your margin make sure to not get liquidated if you’re also holding big positions here but

Other than that I am very welcome to volatility here as these Bots are going to do a tremendous job capturing that and making more profits so for bitat you can see also on bitat we have 170% in profit here in just two months here for the Bitcoin cycle bot uh we

Have oh we have crossed also the Bitcoin fast bot has crossed 100% that’s absolutely fantastic on my first account on my second account let me see here second account has been running for 34 days and yeah you have between 25 to 45% in profit here as well um so let’s uh

Let’s keep our eyes on those of course if you want to use these trading strategies guys make sure to go to the description of this video on okx you have up to 60 ,000 able to be claimed click on this one click join now and

Then with one click you can set up each and every one of those Bots right here for bitat you can click on this one sign up get up to $8,400 and then click on one of these links um well this one is full but this one still has spots it’s going to take

You here click subscribe click on whichever bot you want to use thank you so much for watching this video guys and I will see you in the next one