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.