BITCOIN HOLDERS: THEY ARE TRYING TO PREVENT THE BITCOIN ETF! [Last minute drama…]

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Timestamps:
00:00 – Intro
00:33 – Bitcoin analysis
06:25 – They are trying to PREVENT the ETF
08:15 – More Crypto news
09:19 – Trading strategies

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Guys you will not believe what is actually happening right now you have some actors right now doing a last minute effort to actually stop the spot Bitcoin ETF approval today guys we are going to talk about that we are going to talk about everything you need to know

Going into the start of next week what I expect happening the price action that is about to happen you’re going to see some big moves and guys make sure to take around from the beginning Until the End 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 by now guys I think that a lot of people are very tired of hearing the word spot Bitcoin ETF approval we’ve been talking

About it so for so long already because it is such a huge event but I can tell you that I am very happy that this is soon over and um yeah hopefully we get a positive outcome and then uh you know we can stop talking about it that much

Because there’s so much focus on it right now however let’s now talk about Bitcoin on the 4H hourly time frame and what you can see is that my orange resistance line has continuously been pushing down the Bitcoin price here the Bears are really defending this level 1

2 3 4 5 6 seven eight times we’ve been trying to break through this point we haven’t been able to do that so far on the 4H hourly time frame so this is still and it remains one of the most important levels to keep watching right

Now and as you can also see right now is that we are having a bit of a pullback right now for Bitcoin we’re currently sitting at $43,500 now what I will say in terms of the candles that you’re watching right now is that we do have a trend of making

Higher lows on the candles now this candle has not closed yet so we will see where this is going to close of course if it closes like this then we are breaking the trend of making uh uh higher lows on the candles but if you do

See a run up and we closes something like um you know something like this a wick down but then you have a run up and you close ultimately at this point or such that is a bullish sign for Bitcoin to remain in this trend of making higher lows and then we’re making obviously

Here equal highs here at the Orange Line which is right now proving to be strong resistance for Bitcoin so am I worried about this well not too much you’re seeing a little bit of a pullback especially yesterday we saw a pullback because there was some anticipation of a

Bitcoin spot Bitcoin ETF being approved on Friday obviously we didn’t get it approved yesterday so some people that were buying for that trade started to take profit but I do think it is going to get approved although what you’re seeing right now is a last minute effort

By some Bad actors in this space to try to crash the approval of that spot Bitcoin ETF let me get into that here in a little bit first on the traditional markets you did have some data coming out yesterday as you know so what happened is after having this uh very

Long downtrend honestly for traditional markets we finally we went down we obviously hit the lower edge of the uh channel here or we came close to it from that point we did see a bounce we broke through this and we are retesting this right now on the uh now previous

Resistance now turned into support so that is interesting for the traditional markets I do still think that traditional markets are not looking too bad so um yeah we’re keeping our eyes on that as well now let’s talk about the latest when it comes to the spot Bitcoin

ETF uh before we finally bury this hopefully by the uh by the beginning of next week so vanex Matthew sigil just said he has heard from a well-placed source that black rock has $2 billion worth of capital lined up from existing Bitcoin holders that want to rotate into

Spot Bitcoin ETFs in week one so basically what he’s saying here and this is the full quote uh from uh from him um I heard from a pretty well-placed source that black rock has more than $2 billion lined up in week one in new incremental inflows from existing Bitcoin holders

Who are adding to positions so basically what he’s saying is that from uh black Rock’s existing customers they have already uh $2 billion worth of funds pledged to just jump into the ETF once it is approved so that is very very interesting of course this is a huge

Amount even for Bitcoin this is a big amount so if this is being you know Market bought on day one that is going to lead into something crazy for Bitcoin and this actually as I’ve been saying here recently uh that if we do not see big inflows on the first few days you

Shouldn’t worry too much because I think that over time it’s still going to have a huge effect but this would be big inflows guys this would be inflows uh big inflows on day one so this would come as a massive surprise to the market if that happens and you can expect the

Bitcoin price to shoot up through the roof now Eric from I think it’s from Bloomberg also said that this caught my attention too I hadn’t heard this but it would uh it would be on brand for Black Rock they’ve lined up and injected big cash into new ETFs on first day of

Trading so it registers as volume flows so if it is true $2 billion would blow away all the first day week volume asset under management records for an ETF so there’s a couple of key things to to take note of here so this is big money

Not only is it big money it is going to if it is $2 billion in the first day it will blow away all the first day volumes on records for any ETFs that have been launched so basically he’s um or this original guy that said this from vanck

Which is a uh also a spot Bitcoin ETF issuer if I remember correctly so if this is true but of course he is biased he obviously wants the ETFs to succeed as well um but um what you can see here is that it is going to be a Monumental

Event if it is actually $2 billion and uh this is typically something that black rock does in general they line up money before the ETFs are launched and then when they are launched you know you have you have a lot of funds uh flooding into those ETFs so that is something

That they typically do and uh this is definitely something we keep our eyes on as well now as I said there’s been a last minute effort by markets which is a group of people that uh whoops sorry uh that have special interests connected to Elizabeth Warren now Elizabeth Warren as

You know a US senator who hates crypto she takes every single opportunity she can to yeah just Trash Talk crypto say it’s a scam say it’s this and that so she hates crypto so this group is connected to her and what they’ve been basically filing here is that uh they P

They created this report saying that it would be a huge mistake to approve the spot Bitcoin ETFs so they are trying to kind of destroy the spot Bitcoin being uh the spot Bitcoin ETF being approved right so they’re trying to ruin that now are they going to succeed or not well

The fear here for me is that maybe Gary gor is going to use this even though maybe this doesn’t make sense this actual uh this actual report but maybe he will try to use this as something of an excuse to not deny the ETF but maybe

Just say that oh we need some more time or something like this so we need to be prepared for that for sure and if that happens then the market is going to tank it’s going to go down very very hard but I still remain optimistic that the spot

Bitcoin ETF is going to get approved next week and if it doesn’t get approved next week I still think it is going to get approved eventually what you have to understand also is that if they do not approve the spot Bitcoin ITF next week there is going to be a lot of lawsuits

There’s going to be a lot of yeah drama in court for the S and Gary Gensler and really what they do not want right now is even more of that because they were already in several crypto related lawsuits so that is not something that they want to do so we will see about

That guys but this is definitely something we also need to keep our eyes on also what you can see is that during the last 24 hours you have seen a record amount in the last two years of transactions over $100,000 on the Bitcoin blockchain so

You can see it right here the last two years we are at a high so you had record amounts of uh transactions with over $100,000 so there’s a lot of people with decent chunks of money that are moving money around right now definitely an anticipation of whatever is going to

Happen with with the ETF here so they’re moving money around preparing for that also something interesting someone actually sent 26.9 Bitcoin which is worth about 1.18 million to Satoshi nakamoto’s wallet now we know that Satoshi nakam Oto is not using this wallet he hasn’t been using it since the launch of

Bitcoin uh but it is his wallet or her wallet whatever it is the group of people their wallet uh and someone why would someone send 29 like over $1 million worth of bitcoin to that wallet I do not know but this is what happened so that is also something that is

Interesting so for my trading strategies um very interesting as well here guys uh first thing is that you can see that we have one bot already about to cross 200% profit using these on so that is absolutely fantastic in general all of them are comfortably above 100% the fast

Bots are also approaching 200% here pretty quickly now a little bit unfortunate the ethereum cycle but still hasn’t reached its takeprofit price so um yeah it’s still holding eight positions here um but yeah it hasn’t reached that but the other Bots are trading this volatility very very well

Well so yeah big update on that and on bitat of course big profits being made by by everyone using these ones as well but make sure to watch my video from yesterday if you’re using these trading strategies you have to be aware of the imminent dangers as well that is going

To happen with the spot Bitcoin ETF and you have to be prepared for a couple of different scenarios which I’ve talked about now if you want to use these trading strategies guys we do have an okx of course you’re free to use them but even on bitat we do have right now

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