BITCOIN: THIS IS JUST THE BEGINNING !!!!! [my trades]

The Moon Show

Bitcoin Breakout Analysis

The speaker is analyzing a current Bitcoin breakout from a falling wedge pattern.

  • They have been long on Bitcoin since $95,000 due to a bullish signal.
  • The target for the breakout is the all-time high of $108,000.
  • A key resistance level is the yellow line, which has previously been support and could act as resistance.
  • If Bitcoin breaks this resistance, it could skyrocket to $130,000.
  • Possible scenarios include:
    • Getting rejected and retesting resistance as new support
    • Retesting the $102,000 level and then going higher
    • Shooting straight up to $130,000

Trading and Exchanges

  • The speaker personally promotes Bybit, Coinsfare, and Weeks as exchanges for trading.
  • They offer discounts and bonuses for using their links to these exchanges.
  • For buying Bitcoin with fiat in Europe, they recommend K-App.

Personal Position and Profit

  • The speaker is fully long on Bitcoin with a current profit of $1.7 million.
  • They also have open positions on Ethereum and some altcoins, and plan to open more if Bitcoin breaks above the yellow line or retests the blue line.

Market Outlook

  • The speaker believes Bitcoin is taking center stage in the crypto market and dominating the prices of other coins.
  • They expect Ethereum and other altcoins to lag behind until Bitcoin's direction is clear.
  • They encourage viewers to buy Bitcoin, predicting a bull market with higher prices to come.