BITCOIN HOLDERS: THIS IS YOUR LAST CHANCE BEFORE THINGS GETS CRAZY

BITCOIN HOLDERS: THIS IS YOUR LAST CHANCE BEFORE THINGS GETS CRAZY

I think that the market is giving you a golden opportunity right now we’re seeing a pullback for Bitcoin however I think that this could be one of the last chances you got to accumulate before we see much higher prices for Bitcoin today I am going to go through exactly why I think that that is the case also I’m going to talk about the reason why we’re seeing this pullback I’m going to talk about everything you need to know if you are involved in the crypto space so make sure it stick around from the beginning until the end of this video Welcome Back everybody my name is Chris bringing you cryptocurrency videos every day teaching you how to make money in this market if you are 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 we can see is that right now we find ourselves below The Orange Box here on the 4 hourly time frame but we were actually trading as high as $65,000 just a few hours ago so what we saw yesterday let us take this from the beginning what we saw yesterday is that we saw first a pump up to The Orange Box this big resistance right here which you know is Big resistance we tried to break through it 1 2 three times four and then finally we did manage to break through it and uh all good so um as you know guys I am leaning bullish I do think that the consolidation the long consolidation which we’ve been having since essentially since March H which we have been talking about here how we’re going to go sideways but I do think it is right about time for us to see higher prices that is why I think I think that this pullback that you’re seeing right now we’re going to talk about the reason for this I do think that this could be a golden opportunity to actually get into Bitcoin at a lower price compared to where I think we’re going to be in just a few months okay so I think that towards the end of July I do think that we’re going to start to see prices grind up higher here so that is all good now the reason why we saw a pump yesterday of course it has to do with just Bitcoin being bullish uh let me show you actually this so you can see that yesterday we had $300 million worth of uh purchases from the spot Bitcoin ETFs so there’s huge demand coming into buying Bitcoin here so yeah you continue to see every single day you’re seeing more and more Bitcoin being purchased and what do you think this is going to do over time of course over time is just going to mean that Bitcoin is going to go higher yes you’re always going to have shortterm uh drama you’re going to have the German government selling you’re going to have stuff like that but over time still this is like a dollar cost average of billions of dollars every single day not not billions every day but you know what I mean you have big amounts every single day which amounts to billions over time so everything is still looking good and if you look at the support and resistance levels I was talking about yesterday H you know that we had this very important one this trend line on the daily time frame we did break through it and that is when you saw this big pump as well on the daily time frame and now we’re having a pullback down to this one again so that is all good guys um this is actually what you want to see you want us to break through it you want us to have a pull back to this support level and then Propel upwards from there so I would not be too worried about this pullback if anything this is a sign of strength and also you do have the moving averages which I’ve been talking about and you can see that they did indeed Pro to be resistance right here the 100 day moving average this purple line right here you can see that we uh went above it briefly but we didn’t really uh close a single candle above it um I mean you had this big candle but you didn’t have a full candle opening and closing above it and not the orange one which is the 50-day moving average or the purple one um so I still think that this is resistance obviously but we have broken through it once on the intraday even though it didn’t close above it um a single candle again um and uh this pullback I do think that we are going to see higher prices guys I do think that this is a good opportunity to actually if you haven’t accumulated yet I don’t think that now is such a bad time to do it and apart from that guys we also have the Lux algo potentially about to flip uh bull this is actually on the 4H hourly time frame never mind that is not what I want to use I want to use the daily time frame and I do think that the daily time frame is the most um accurate one and if you look at the history yes it has been um so I do think that this is right about to actually get a bullish signal as well so when we get that bullish signal as you know guys throughout history it has proven to be one of the most reliable signals in the crypto space so that is all good I do think that we’re going to see higher prices now why are we seeing this pullback well you are having now Mount gaau just a few like one hour ago they moved 44,500 Bitcoin which is almost $3 billion and then 47 ,000 Bitcoin which is $3 billion so they started to move $6 billion almost just one hour ago and of course this spooked the market and uh they are going to distribute this Bitcoin eventually but um of course this spooked the market and so Bitcoin is seeing this pullback but the reason why I think that this is such a good opportunity is because remember the German government doing similar things it also spooked the market you did see a pullback but guess what after they were done selling Bitcoin pumped and I do think that Bitcoin is going to continue to pump so if anything this is just shortterm drama here and uh yes you are seeing billions of dollars being potentially distributed to people but I already went over the math in just a few videos ago that the impact of this money is actually not going to be as big as some people are speculating and with the inflows that you are seeing into the spot Bitcoin ETFs and the amount of buying I really think that this is just spooking the market and and I do think that yeah you could get a based on this you could have a good opportunity to actually accumulate and add to your bag and also if you look at traditional markets traditional markets are still doing really really well and I think that Bitcoin compared to traditional Market is really really undervalued and it’s only a matter of time until Bitcoin is going to catch up anyway so all of this bullish Catalyst guys all of these bullish things happening and the fact that we have already had a long consolidation we’ve already had a pullback we’ve already had a prolonged period to when Bitcoin is underperforming the S&P 500 all of these things combined and also you do have the spot ethereum ETF it’s going to launch on Tuesday most likely on Tuesday in one week it’s most likely going to launch and this is also going to bring billions of dollars into the uh crypto space essentially as people are going to uh buy a lot of ethereum here and uh yeah uh compared to the spot Bitcoin ETF for this ethereum ETF the providers have not had a lot of time to prepare so I do think that whatever buying is going to happen is going to be mostly spot buying and it is going to pump the price of ethereum it’s going to pump the price of the entire crypto not entirely and not entire crypto Market essentially and necessarily but I do believe it is going to be the start of the uh Final Phase of this bull market which is going to be much much higher prices for our Assets Now let us go through a couple of different charts so if you compare 2024 to the 2017 to 2021 average uh you can see that after a prolonged period of consolidation you can see that this is right about the same time when Bitcoin usually goes into higher prices okay so this is if you look at the having and then you look at the performance after the having H you can see that this is right about time when we start to see the next phase of the bull market and by the way guys I want to remind you that every single time when we’ have had a uh bad June we have had a extremely positive July so a bad June positive July bad June positive July bad June three uh years in a row three years in a row we’ve had very good jues and we’ve had a bad June this year and July I think is going to uh be pretty good as well so um let’s keep our eyes on that moving forward also Bitcoins growth trajectory after the fourth having so a little bit similar to the previous chart however what I want to show you is the average returns of all the Cycles so that is this uh Gray Line in the middle here but you can see that the uh lowest point in which or the worst performance we have had uh after having is actually this red one which is the second having and you can see that the Bitcoin price currently which is this orange line is at the same point essentially that we were in the second having as well in terms of performance so what this essentially proves is that where we are right now is the worst we have been in any having ever okay so that also shows us that Bitcoin is relatively undervalued and um also you can see that these companies that buys Bitcoin this meta Planet company bought $1.2 Million worth of bitcoin which is not a lot of money it’s not uh in the grand scheme of things but it cost their shares to Surge 26% so we continue to see this guys companes that adds Bitcoin to this to their balance sheets um their stocks they go nuts so you’re going to see more and more of this and by the way Larry thinkink the CEO of Black Rock went into uh CNBC yesterday or two days ago and uh yeah yesterday and talked about how bullish he was for Bitcoin he actually said also that Bitcoin is more than just speculation um that it’s actually going to have industrial use and what I want to show you is Michael Dell which is the founder or the CEO of yeah CEO of Dell uh the uh technology company creating computers and whatnot he actually reposted this so the speculation now is that Dell are going to add Bitcoin to their balance sheet as well so that is all good and finally and one of the most important ones Trump has picked Pro crypto vice president so the guy that he picked the name of this guy sorry it escapes me see here yeah Senator JD Vance so he’s Pro crypto and it’s looking more likely that Donald Trump is going to win the election guys so us politics aside Donald Trump winning the election and this Pro crypto vice president um being part of this as well very bullish for crypto guys very very very bullish for crypto guys best deposit bonus available out there you get up to $30,000 on bybit now is the time to get an account if you do not have one you do have okx up to $60,000 using this link up to $40,000 on bitat using this one an AO time limited offer uh a free $300 trade using this link right here guys that is what I got for you thank you so much for watching this video and I will see you in the next one

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Timestamps:
00:00 – Intro
00:36 – Last chance for Bitcoin
07:23 – These charts are HUGE

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**Disclaimer**
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