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Timestamps:
00:00 – WTF HAPPENED?
00:51 – SEC fake approval
05:57 – Trading strategies
07:29 – Something is fishy…

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Guys the crypto markets are insane we saw a huge pump for Bitcoin on the news that a spot Bitcoin ETF from the sec’s official Twitter account they said that the spot Bitcoin ETF has been approved a few minutes later Gary Gensler came out and said that their account was hacked

And that this was not actually the case guys this is crazy this is crypto today I am going to talk about what I see happening today is the big day are we going to see the spot Bitcoin ETF being approved or not not I will talk about

What I think is going to happen I will talk about what I think the price is going to do I will talk about everything you need to know if you are at all involved in the crypto space guys make sure to watch this from the beginning Until the End welcome back everybody my

Name is Chris I’m 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 on the 4H hourly time frame we can

See this massive candle right here which saw volatility towards the upside side and then you saw a big drop this was a range of actually in this small amount of time the range was almost 7% so that’s quite volatile right here and if you look at the uh lower time frames so something

Like the 15 minutes you can see we had a massive pump right here to $448,000 and then a huge dump why did we see this pump and then the dump well just like I showed you yesterday the the SEC on Twitter came out and said today the SEC

Grants approval for Bitcoin ETFs for listing on all registered National Securities exchanges the approval Bitcoin ET ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection so people started to say that yes the approval is done now we’re going to go up and we started to go up

Obviously and then we saw the next tweet here from Gary Gensler the SEC and Twitter account was compromised and an unauthorized tweet was posted the S has not approved the listing and trading of spot Bitcoin exchange traded products so then obviously when this came out you

Saw a massive drop for Bitcoin here as well so what should we make of all of this guys well one thing is that um a lot of the uh people that were leveraged here a lot of the people that were going to sell the news I think have now mostly

Already sold why do I think that well if you look at the 4H hourly time frame and you go back we first had this big flush liquidation event right here right so this is when the first report came out about all of the spot Bitcoin ETFs being

Rejected so a lot of people started to then sell all of their Bitcoin they got flushed out here and we saw a massive drop and then now with this one as well when the SS comes out and says that ETF is approved then the people that have

Been buying Bitcoin just for this moment they started to obviously sell as well so now we have had basically two major fake events where people that were just looking to take profit on the day of the actual news they have probably already sold because this was the sec’s official

Account of course so they probably sold right here and if they didn’t sell here maybe they sold even right here when that report came out about all of those ETFs being rejected so that is what I believe that this is going to help with uh dampening the volatility just a tiny

Little bit once you finally do get an actual decision on the ETFs now what you can also see is that just like I said yesterday the longer we go here without the ETF being approved I do think we are going to see a small bleed here the longer we go without significant news

About the spot Bitcoin ETF being approved we are going to see a slow bleed as people start to take to take profit on those uh trades the the people that were buying Bitcoin just to take profit on the day of of the ETF approval now one thing I want to ask everyone

That are going to take profit on the day of the ETF approval let’s say we get the ETF approved in in five minutes you sell your Bitcoin what is the plan after that are you planning on taking profit and then Bitcoin goes up and then you buy up

Here or what is the plan I would love to know your opinion down in the comment section or maybe you’re expecting a lot of profit taking so that we see a huge drop like to $42,000 or $38,000 and then you intend on buying down here well what

Will you do if we never see this drop what will you do if we only see a drop down to 45 and then you’re waiting then we’re going sideways and then we start to go up will you for Mo in then well these are questions I would love to hear

Down in the comment section if you are thinking about using that strategy now for ethereum this was really really interesting because on The Daily time frame for ethereum you know we’ve been talking about this for so long when you actually saw the SEC deny that or sorry

Approved that ETF which was fake but they they approved it on on Twitter you actually saw ethereum and even after that once it was confirmed that it was fake you saw ethereum see a huge pump here and we’ve now gone from the lower range up to the top range here of my

Support and resistance levels so um yeah that is interesting it just goes to show that when this spot Bitcoin ETF decision is made I think a lot of people are going and you’re already seeing it a lot of people will rotate into ethereum as that is going to be the next play so

People were selling Bitcoin on the news here and buying ethereum which is really really interesting for traditional markets after this big pump we’re now going sideways right below my resistance level that is something to take note of as well now I have some more news in

Regards to what you should make all of uh about all of this uh hacking stuff and was it a hack was it just a mistake maybe it was a scheduled tweet that went out early well before we talk about that guys all of this volatility has meant

That my my bots have made significant profits here which is absolutely fantastic you can see that the ethereum cycle bot is now racing and is now the most profitable bots of all of these ones 215% absolutely massive so all of these Bots are taking massive advantage of this volatility making huge profits as

Well and if you look at my bots on uh on bitat you can see that my subscribers just crossed over $200,000 in profits so that is absolutely fantastic on an individual level nrt Thomson approaching $14,000 in individual profit here that’s massive uh on my second account you also

See May or all $59 free $9,000 that is massive and also you have Adrian M and this user Crossing $10,000 so that is fantastic as well now if you want to use these trading strategies it is important you understand how they work and you understand the uh dangers of using this

As well so go to the description of this video at the top you will see my Allin Bitcoin strategy explained here watch that video to know how these Bots work but if you want to use them on okx claim up to $60,000 click right here and once

You have claimed this bonus go down and then click on whichever bot you want to use here with one click you can set them up if you cannot use okx you can use bitat go down again up to $8,400 on bitat and then click on this link there’s only a few spots available

There’s actually uh it’s quite like it’s almost 100 spots available but then you click subscribe and then you choose whichever bot you want to use let let’s continue over $200 million worth of uh of Trades were liquidated in the last 24 hours with this massive volatility so

That’s why I always tell you make sure you manage risk now the S this was the tweet that came out once the uh whole drama unfolded and they said s says Bitcoin ETFs have not received approval on Tuesday there was a lot of confusion Gary guner himself the SEC government

Twitter account was compromised but here here is the thing though was this really a compromise or was it just an early scheduled tweet so if you go down here could it have been just a draft that went out a day early because honestly if you were a hacker and let’s say they

Wanted to profit from this why would they post a tweet saying that the ETF was approved because everyone is still expecting the ETF to be approved if they would have tweeted that it is rejected and let’s say the SEC comes out on their official Twitter account says like yeah

We appreciate that uh you know you want to trade Bitcoin or whatever but look it is never going to happen we’re rejecting all of these ETFs we do not care about crypto at all we’re going to reject them for the entirety of Time Forever imagine what the market would do then you would

See a $10,000 bit you know $10,000 move towards the downside probably and that is the way to make the most amount of money if you would have had access to actually do this you short Bitcoin and then you have uh DC account posting that and then you make so much money on those

Shorts so yeah something is is not adding up right here with the SEC and with this announcement and everything that came out however Twitter themelves came out and said that they can confirm that the account from the SEC was actually compromised why because they were not using two Factor authentication now just

For uh just for some uh reflection here the SEC has said previously careful what you read on the internet as in people talking about what the SEC is going to do or whatever the best source of information is the SEC themselves about the SEC so basically what they’re

Telling them uh telling people here do not trust what people are saying on the internet just watch the s’s official account which obviously was hacked and posted all of all of those things and also the SEC has said previously or Gary gansler himself use strong pass phrases set up multi Factor authentication keep

Account alerts turned on yet there was no multiactor authentication on the sec’s official account so it just goes to show um how how confused they are and how much they are talking about um okay guys thank you for watching this video I still think the base case is

That we’re going to see the ETF being approved today be prepared for massive volatility and I will see you guys on the other side