LAST CHANCE TO OPEN BITCOIN TRADES !!!!!!!!!!!!!!

Bitcoin Analysis

The speaker discusses the current state of Bitcoin, noting a beautiful bounce but warning of potential bad outcomes.

• A falling wedge pattern is observed, with resistance and support levels.
• The speaker had predicted support at a certain level and advised viewers to put limit orders to buy Bitcoin at a low price.
• A successful trade was made, resulting in $600,000 in profits for Bitcoin and $160,000 for Ethereum.

Market Outlook

• The speaker believes Bitcoin is ready to go higher due to a lack of negative fundamental factors.
• The stock market's decline and Ripple's lobbying against Bitcoin are not seen as significant threats.
• A break above the blue line (a resistance level) is considered crucial for further upward movement.

Trading Strategy

• The speaker opened a long position on Bitcoin and added to it later.
• A double bottom pattern is identified, which broke to the upside.
• A potential correction or retracement is expected, and support around $102.7 is seen as key.
• If support is confirmed, Bitcoin may be ready to move higher; otherwise, a further decline is possible.

Ethereum and Altcoins

• Ethereum's performance is closely tied to Bitcoin's, and a decline in Bitcoin would likely affect Ethereum and altcoins.
• The speaker believes Ethereum needs to go up for the altcoin season to start.

Upcoming Content

• A video on the bigger stock market and world economy is promised, discussing a potential stock market crash and how to make wealth in the coming financial crisis.
• Viewers are encouraged to subscribe and press the notification bell to stay updated.