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today for the Bitcoin price and yes guys a very very big move for Bitcoin is going to happen very very soon and yes, I am still in my Multi-million US dollar long position on Bitcoin on Ethereum. You can see it right here Both of these trades approximately 3.
4 million dollars in a profit But now dear ladies and gentlemen, I can tell you the next big move is So close so close and I want to tell you exactly how I am going to trade it how I will profit from it and What my price targets are for Bitcoin and for Ethereum right now in the immediate short term Are we going to go higher or lower? Let's talk about it Dear ladies and gentlemen as always of course I appreciate you jumping in liking the video sharing the video with your friends leaving your favorite out cons in the comment section So I know what altcoins to cover for you coming up in the future make noise for the algorithm let's talk about Bitcoin, let's talk about Ethereum first and Man guys, I can tell you the next move is looming.
So What we saw here many many months ago was this Like oh geez, you guys know you watch this channel. I was talking about this Inverse head and shoulders pattern with the price target if we break out of approximately 38,000 US dollars well We hit the 38,000 US dollars. Actually we had another W pattern afterwards with the exact price same price target This price target was reached Perfectly and now we have to zoom in because now the question is is this the beginning of a further more retracement to the downside or are we just Going to see a potential W breakout.
Well what you can see here I went down to the four hourly canals is a W potential W pattern is looming What we need here and all of the last patterns we traded together were a hundred percent successful But we need to be careful. We need to wait for the break of the 34 43 2150 US dollar level with volume support a four hourly candle close above and Retest of the previous resistance which is then turning into support and then dear ladies and gentlemen the price target.
Let me quickly go back here Then the price target is the following and by the way If you want to be trading on buy a bit on bit get just as I am doing it the upcoming fire the upcoming patterns Patterns which I talked about before I leave you in the pin comment in the video description If you're an experienced trader is sixty thousand US dollar free bonus link That means sixty thousand US dollars in free bonuses up to that amount on 10x leverage That's a six hundred thousand US dollar trade for free Use it if you're an experienced trader click register deposit down below if you're not an experienced trader Just don't do it But let's talk about what we are expecting for Bitcoin for aetherium coming up here, right? So if we are breaking and only then only then because otherwise we are still short term Just short term guys.
Please remember this we in the bull market and bullish on Bitcoin, but short term Short term we are retracement mode the moment we break.
However, this level is very close 43,200 US dollars with a four hourly candle That is the moment I am looking forward for the following price target and Here I want to be as always very very conservative But the price target would set us up for a higher high and also come very close to my personal best case scenario for that year 46,000 my best case scenario was 48,000 46,000 US dollars the price target for that W pattern The potential trading setup I am looking out for Bitcoin right now Yes, if Bitcoin was high and very bullish on Ethereum also, I actually switched the position some portion of my Bitcoin into Ethereum Two or three weeks ago and I am still very bullish on Ethereum.
Nothing about this is changing actually at the moment This is what I'm looking out for right now. And of course, please do never never ever forget that I am having Over on my Twitter I'm posting these things in absolute real time the W resistance test the W with the price target Like I'm posting so many things over there and I really want to encourage you to follow me over on X as well because I am Posting a lot of things than absolute real time. Thank you so much for watching here straight from Singapore We are going to do that very soon at the next one off M&Crypto as always guys as always bye Bye.