EVERYTHING JUST CHANGED FOR BITCOIN & CRYPTO [Big shift yesterday…]

EVERYTHING JUST CHANGED FOR BITCOIN & CRYPTO [Big shift yesterday…]

something huge just happened yesterday for Bitcoin and crypto and not a lot of people are paying attention today so today guys I’m going to talk about exactly what happened and how it is going to affect you and your altcoin and Bitcoin bags I’m going to talk about everything you need to know that is coming up here in the near future a couple of very important charts showing us what the next major Bitcoin move is going to be and much more so guys stick around from the beginning Until the End welcome back everybody my name is Chris bringing you crypto Cur videos every day teaching you how to make money in this market if you’re new to the channel then make sure to subscribe activate the Bell right now so on the 4H hourly uh time frame for Bitcoin guys not a lot has happened we’ve actually just gone sideways since my video yesterday we are at the support level here at $61,000 we hit the support a couple of times but we are above this point right now so overall guys you can still expect us to potentially consolidate in within this area for Bitcoin however there’s going to be a couple of very important catalysts coming up which is going to affect the Bitcoin price which I’m going to talk about here in a bit but first also for ethereum you can see that we did go down just like you know a few days ago hit the $3,270 for ethereum and since then we have had a little bit of a pump towards the upside but nothing significant here the price of Bitcoin and ethereum continues to uh mostly go sideways during the summer which I think is going to continue for a little while longer until we see those big breakthroughs also for traditional markets guys this is interesting because traditional markets are right now on the Futures Market trying to break through this key orange line and this is the level we were rejected of on the previous all-time high so if we can break through this level for traditional markets this key level then we could see a little bit of another runup for the traditional markets here which is also not going to hurt the rest of the crypto markets as well yes the traditional markets have been outperforming here recently Bitcoin has been going down while traditional markets have been going up however I do think it’s only a matter of time until Bitcoin starts to catch up so seeing the traditional markets do good is um it is looking promising here now one key thing I want to uh point out as well is that since 2023 we have had only five times when June has been a red month and guess what every single time it has happened in the past we have had a green month in July so June you can see in 2013 we were minus 30% we had a green month in July right here in 2018 red month in June green month in July so we had also here in 2020 2021 2022 red months for June and all of those uh years you saw that July was actually a very very good month now in June so so far we are at minus call it 8% now here’s the thing we can still go sideways in June end it in a red month and go sideways for most of July and then towards the end of July have a rally in fact if I had a gun to my head and had to take a guess an educated guess I think that that is what is most likely going to happen sideways action going to continue into July and then towards the end of July I do think we’re going to start to see higher prices for Bitcoin after some more sideways action so that is all good but there was a debate yesterday and I know that not everyone are interested in us politics but there’s a couple of very key takeaways to to take away here and what happened during the debate yesterday between Donald Trump and Joe Biden now why is this important why do I bring it up because we know that um Donald Trump has been flirting a lot with the crypto audience he has been saying that he is pro crypto he is going to allow crypto to flourish essentially saying that if he’s elected it is good for crypto by then not as much so what happened yesterday is that during that debate it seems like Donald Trump won it by a land slide in fact before the debate the Democrats had a 86% chance of nominating Joe Biden for the election now it is only at well they say 38% that he won’t be nominated so it’s only at about 60% that they are even going to nominate him for the Democratic nomination for running for president so in other words the market believes that it’s a higher chance right now that Donald Trump is actually going to be elected you can see that during the debate it changed completely Donald Trump went from what is that like five 53% up to almost 65% and Joe Biden went down from uh what is that like 48% down to only 35 so yeah this debate it seems like Donald Trump won it very very big and it seems like the market believes that he is that Donald Trump is going to be the next US president I’m not going to say if that’s right or wrong I like I’m not involved in US politics I don’t live in the US but I do care about crypto so if and that is also a big if if he is elected and if he is going to stand by what he’s been saying to the crypto audience then it could be good that he’s elected and it could be good for crypto if he actually fulfills all of his promises or some of his promises he has been saying here so let’s keep our eyes on that but this is big because this happened yesterday and if he is elected then I do think that the market is going to react very positively so that could be a big Catalyst as well moving forward remember the election is in November of this year so it’s not that far away now I want to talk about some data that is coming out today of course you have the options data I talked about yesterday be prepared for that you’re going to have big moves based on that but also you have some key economical data being released today so we need to be on the lookout for that as well vanck has filed for a salana ETF for a salana spot ETF and now it’s starting to get a little bit crazy here now for Bitcoin and ethereum yes I do think that well obviously Bitcoin is already approved ethereum is already approved but it has not started to trade yet for salana I don’t think and honestly I hope that it’s going to take a while longer until they launch a spot Solana ETF and this is from vanic so it’s not from Black Rock Let’s see about that guys but um yeah just wanted to point that out now a chart I want to show you so this is the Red Cloud here is the SAR what is the SAR well it is a momentum indicator essentially actually the calculation of this indicator is rather complex and goes beyond the scope of how it is practically used in trading however just know that um we’ have seen something for the first time since 2015 so you can see that we had had a breakthrough of of this point here in 2016 we had a break through and then we went into it right here for four candles in fact right here no for three candles so far here we had four candles but you can see that we’ve had on the this is on the six-month chart actually you can see that we’ve had a breakthrough from this point as well so are we going to see a similar type of rally as you saw the last time a big bull run for Bitcoin let me know down in the comment section what you believe also what’s interesting is that the German government which we know have sold some Bitcoin they have actually started to receive some of the Bitcoin they sent to exchanges back so I have no idea what’s going on here but they have almost $3 billion worth of bitcoin so I will continue to update you on what is going on with Germany guys if you want to get the best deposit bonuses available out there you have buybit up to $30,000 okx up to $60,000 and up to $40,000 on bit cat make sure take advantage of all of these offers and also the best trading toolkit available out there Lux algo you do get a discount using this link right here thank you so much for watching this video guys and I will see you in the next one

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Timestamps:
00:00 – This is huge for Crypto
00:37 – Bitcoin analysis
02:20 – This indicator has never failed
03:32 – This is Massive
06:39 – Big breakout on this chart

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