BITCOIN: NOOOOOOW !!!!!!!!

The Moon Show

Summary of Video Transcript

Introduction

The speaker discusses their previous videos where they advised going long on Bitcoin, resulting in a $740,000 profit. They also have a smaller Ethereum position open.

Bitcoin Analysis

  • Bitcoin has retested previous resistance as new support, which is a healthy sign.
  • The speaker believes a bigger rising wedge is forming, which could lead to a massive continuation.
  • They compare this to a similar pattern in XRP, which broke out as predicted and had a big pump.

Trading Advice

  • The speaker suggests using exchanges such as Bybit, Coinflare, and Weeks for trading.
  • They advise opening long positions on Bitcoin, with a potential breakout to $130.
  • Ethereum is also recommended, with a potential snap to $4K.

Altcoin Recommendations

  • The speaker suggests buying low-cap coins such as ME token and Casta, which have potential for big moves.
  • They also recommend Suey, a high-cap coin that could do well in the bull market.

Conclusion

The speaker encourages viewers to take advantage of the bull market and buy into Bitcoin, Ethereum, and other recommended coins.