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MMCrypto
Do NOT buy ANY Bitcoin or Crypto before watching this!!!!!!!!
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today for the bitcoin price and yes guys if you want to buy any bitcoin any crypto any altcoin do any step any action step in the crypto space right now this video is made for you i want to urge you to watch this video before you do anything in crypto what is happening right now is in a very very important tipping point for crypto where in the future we are going to look back and we will say hey that was a crucial moment just as the moment when we broke 30 000 i talked with you about it we traded it we made this multi-million dollar trade which i will show you here in a bit of course update you about my plans as well now we have one of these very important comings moments coming again i want to talk about that like this video of course before we are getting into it like it leave a comment down below share the video with your friends give me some feedback if you want more of these videos coming up in the future but now let's talk about what's inevitable inevitable let's talk about what's extremely important to take note of when it's coming to bitcoin and yes i am still here in my trade you can see the bitcoin trade 7.
6 million dollars in a profit i took 1.
8 million but like 800 000 in funding fees the ethereum trade a million dollars in a profit so these trades stay open these trades remain open for the time being i need to tell you something very important what's happening right now in crypto and just quickly before i zoom in look at the monthly candles this is the monthly candles for bitcoin and what we are seeing here right now is seven consecutive green candles in a row seven months of green price action and i mean you have people coming to me and saying like just a few days ago wow bitcoin is just at 62 000 that is like we are in a bear market again no no no guys 30 40 percent dumps within a bull market are completely normal if bitcoin dumps down to 50 000 i would even consider it healthy i think we didn't dump enough yet right so don't be concerned about these small dumps but this is not what i want to talk about what i want to tell you is two things number one what we are seeing right now has never ever happened to bitcoin let me make that clear we never ever had and maybe you can find like a moment in 2010 where we didn't really have price action recorded we had like i don't know five thousand dollar volume a day or something we never ever had seven consecutive green month in a row if bitcoin just closes like it is right now in four or five days the month we will write history we have never had that and that some people might come and say hey but we also never had a bitcoin etf right that's true but every cycle there is some kind of narrative which is pushing the bitcoin price eventually these dumps which they have to happen they have to happen and the less they happen the less volatile they are the less frequently they happen the less healthier bull market actually is and the earlier it can be over the last bull market was earlier way earlier over way earlier than it actually should so you can i can show you but you can also go back yourself and just check even here in the last phase of the of the bull market 2021 we had six consecutive green candles we just never had seven right so this is this is pretty crazy stuff six we had like two three times but we just never had seven and that is a pretty pretty dang important thing to note now let me go over to the four or to the six hourly candles and let's actually talk about what's happening here and just quickly before i go into it don't get me wrong i'm not bearish on bitcoin i just posted earlier i'm very bullish on bitcoin i'm probably not even bullish enough on bitcoin what i want to just tell you is that bitcoin is over bought right now from a technical perspective it can always get much more overboard but for sure we are already in the overboard territory you should have if you were subscribed to the channel bought in much earlier together with the mm crypto family if you didn't maybe instead of putting everything in right now some kind of dollar cost average approach where i don't know if you have x amount you put it into 10 increments and you buy every wednesday every week 10 of your of your disposable capital right that might be a little bit of a less risky choice if we are going to get some correction leading into the halfing i don't know maybe we go to 84 and then get a correction but we will get it eventually that was not a real correction like 10 whatever man that is nothing for bitcoin and this is the halfing happening in april and somewhere before that i do expect a significant correction coming but now you can see what is happening here for bitcoin is an inverse head and shoulders pattern and we broke it that is the good news bitcoin even kind of confirmed it and yes the question is what is the price target and this is where it gets interesting dear ladies and gentlemen the price target of this inverse head and shoulders pattern if i pull it over here is exactly the previous top let me pull it right there it's exactly the previous top so even if we reach this price target let me quickly adjust this even if we reach the price target we just create a double top so what we need is bitcoin not only to reach the pre the price target of the inverse head and shoulders pattern 73 500 we need to actually jump above it we need to actually get significant volume support because nothing is more bearish than a double top in the all-time high area for bitcoin this is not what we want we want bitcoin to either get a correction right now or break and blast through 73 500 knock out our beautiful price target at 83 000 that would be what i would one of these two things is what i want to see i do not want to see bitcoin to just tip around up to that price target create a double tap and then go towards the downside that would be quite brutal let me know what you think about that of course the ladies and gentlemen my trade is going to stay open my next profit taking area i already took 1.
8 million us dollars and profits will be at 83 000 us dollars this is where i will take my next profits and of course i will keep continue updating you here if you are subscribed to the mncrypto channel press subscribe press the bell and press on all to make sure you are always staying updated if you want to trade yourself well 30 000 us dollars and free bonuses waiting in the pinned comment if you scroll down to the pinned comment you click register deposit and after your initial deposit after making an account on bitcat for example i leave the link down below you can get up to 30 000 us dollars in free bonuses this however is only for experienced trader if you're not an experienced trader stay away no problem at all buy and hold dollar cost average whatever i think in the long run that is always a great strategy if you are experienced take advantage of the volatile market movements with a small calculated risk with a small calculated part portion of the portfolio like i'm doing it of course and you can of course outperform the market and accumulate more bitcoin as the time is passing on thank you so much for watching we are going to see each other very soon at the next one of mncrypto as always guys as always bye bye.
S K R Y B O T
Skrybot. 2023, Video transcriptions from YouTube
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