INSANE!! BITCOIN 2020 ~ NOBODY IS READY – WHY?? | ALTCOINS 1,000%+ EXPLOSION FOR THIS REASON!!

by birtanpublished on October 3, 2020

This winks agita now this is a clue guys a little bit over 24 hours ago Bitcoin awarded a move that could have significantly pushed us below that $10,000 US level however it did not we're gonna talk about what that means and why it did not in fact out of all scenarios bitcoin is choosing to remain on this daily timeframe in the scenario that it's basically been in in the same movement that it's basically been in and what I mean by that is slow consolidation even as we approach these key levels that we have in fact been testing since January 27th of 2020 we are still in this muddy gooey zone

Bitcoin continues to slowly climb and guys if you guys look on these smaller timeframes there are so many little scenarios that we could see Bitcoin being pushed below some cool levels however when you look on these daily timeframes you don't see it happening you don't see it happening because every time Bitcoin gets to some critical levels they could expand from the smaller timeframes to these larger moves on the larger timeframes Bitcoin is in fact not wanting to be rejected the momentum is building and it is so strong we have to talk about what this means

For the overall picture of Bitcoin going into the next few months and really expanding throughout 2020 and for the longest period since Bitcoin broke out on January 6th it has traded within this middle channel three times over the past almost two months now Bitcoin has either broke significantly above or broke down and not just traded within this gummy zone you see it consolidating we have to talk about what that means as well and guys incredibly importantly this chart right here has so much information on it this is every single crypto currency except Bitcoin and even going back to

The bull run of 2017 into 2018 when all coins were exploding the first few weeks of 2018 the volume that was there back then is absolutely nothing compared to now and we have to talk about what this means for the entire altcoin scenario for 28:20 and 2021 moving forward much more liquidity than has ever been inside of Bitcoin we have to get a little bit into details with that they always say don't drink the milk from the source but I've been doing it my whole life and look at me now let's get into this what's going on everyone welcome back another extremely exciting episode we

Have so much to talk about in this episode and we have a few short announcements as well guys before we do though look at this chart this is absolutely kind of summing up Bitcoin lately okay what this means is just that resistance after resistance Bitcoin is building the slow momentum that has been showing so far on this daily and going into the weekly chart as this expands past about a month and a half now of Bitcoin on this uptrend significant resistance is being laid down and it's getting harder and harder

For Bitcoin to have a big dump guys basically what this means is that this bull run is extremely exciting because it is looking every single day like it is just getting started in this very moment right now you could look back in even only like two or three months from now and think wow okay I wish I would have gotten in even a month or two ago because as you guys know once these prices get poppin it goes crazy I believe Bitcoin was only above $18,000 for like a few days max it was barely above those levels we look about we look we look at 20,000 is like the top for

Bitcoin but it was never tradable at 20,000 what I mean by that is the price was like it was it was absolutely going nuts at those levels 10,000 u.s. dollars as you guys might know was like the highest tradable level for Bitcoin because everything above that it was just too volatile and it was too fast you could really not even plan things out it was just too insane so guys so much to get to in this episode and in fact because whereas actually less than 50 subscribers away from 20,000 in the next video we'll be giving away two of these letters so guys I have to do to

Enter to win these letters leave a comment below and guys the community channel make sure you like subscribe Trump was imitating ding that Bell and is well we have an exciting altcoin member video coming out today guys if you're interested in going into all of that just make sure to join that and as well another exciting thing we're actually working this weekend on getting new updated badges for members that's very cool so when you comment you have little cool unique icons we're working on unique ones to add guys just super exciting stuff a little fun thing to add

To the channel there it only costs about a dollar 99 per month I believe that was the cheapest that we could put it so extremely awesome exciting stuff so guys many of you might be interested in this and we can actually start off we're not gonna go into detail with a lot of all coins in this video however I do want to just cover this broad range of topics right here you guys so this is the overall crypto total market cap excluding bitcoins so literally every single cryptocurrency accept Bitcoin aka every single altcoin now look at this we go back to 2017 the

Peak okay this was the peak price and you notice here as well this was actually the peak volume of back then okay right around this level here now we look here and this is over four five times as much volume as we're seeing okay now what does that mean really to sum this up I'm not gonna make this too lengthy of an explanation but the volume of the liquidity the amount of access that people have to obtain old coins to obtain crypto in general to do it easily fast and hopefully more securely however there are some exchanges out there that we have to kind of keep an eye on there

Are so many avenues for this and basically why is that good why is that good for crypto why is that good for Bitcoin and specifically why is it good for all coins because guys this is something I've wanted to talk about in a little more detail however I have not have kind of kept the mouth shut but what I want to basically say is this I have no doubt in my mind at 2020 2021 whenever there's bull run absolutely Peaks I think some of the biggest winners in this space I think I think bitcoin is going to be explosive but I think alt coins are going to have their

Heyday and for one reason alone this is huge to me is that bitcoin was the you know Bitcoin didn't even necessarily win 2017 a lot of people say aetherium did a theorem went from like a few bucks to over 15 I think I was like fourteen or fifteen hundred dollars okay thousands of percentage gains and some of they're all coins did as well but a theory um you know jumped number two spot absolutely the year of a theorem in my opinion 2017 now guys back then I don't know if you guys remember this there was not a lot of options to get there was not a lot of options to get

Old coins for the most part what you had to do to get alt coins was to buy Bitcoin and trade that Bitcoin into all coins there were very few USD pairs on very many exchanges so say you wanted to even get a pretty big old coin like XRP like coins something like that you for the most part would need to get Bitcoin first you wouldn't be able to do it with your native currency your fiat currency it would take a little bit longer it would take long to get into it guys all of these restrictions and on-ramps have been decreased in terms of difficulty there are many more options for actual

Exchanges and websites there's much more information out there there are much more pairings for these altcoins so you don't necessarily just have to have Bitcoin now one of the reasons people theorized that Bitcoin jumped from 10k to 20k in such a short amount of time is because for one a lot of people were interested in alt coins also okay 2017 old coin boom and to get these all coins you needed bitcoins so naturally if you buy Bitcoin bitcoins gonna jump okay all that buying into Bitcoin you guys remember what happened at the end of 2017 let's go back here this was Bitcoin

It peaked on December 12th Bitcoin hit 20k on December 12th of 2017 right around this area here okay the first week and a half of December now when did altcoins peak let's go over to this chart here alt coins didn't peak in terms of their overall cap this is everything combined until about a month later the first week of January okay so so let's actually go back here back here is about one Bitcoin peaked and you see all coins continued to rally let's see about a few hundred billion dollars higher than it was as Bitcoin peach so if you guys remember this the first week

Or so of January was huge for alt coins old coins just exploded okay it was massive now Bitcoin peaked that's what usually happens what we've seen so far in the past Bitcoin goes on a tear okay and then for a time afterwards on these massive runs Bitcoin dissolves and trades into these other crypto currencies and they have a run literally literally there's a week or two in January and December of 2017 and 18 where every single day a different old coin was up like 10 to 30% every single day a different old coin was pumping now again that could again heavily that's

Based on pure speculation but again that's just how this market goes when everything goes parabolic and now okay and now with the increase in on-ramps for altcoins and the access to them in addition to this massive volume this massive amount of money waiting on the sidelines to get in or out of these Kryptos I really think alt coins are just going to have a surge because it is not as it comes under this simple fact it is not as hard to get into all coins as it was in 2017 in the beginning of 2018 it is significantly easier there's still room to improve there's obviously

Still room to make it easier for these all coins to get accessible but overall it is a million times easier and as you guys can see the the money waiting on the sidelines that is here and ready to access and pump these alts is greater than has ever been seen so that's my little spiel here for altcoins that actually took a significant amount of time but boy that was exciting guys altcoins to me and again we're gonna get into the detailed altcoins in the member video coming later today extremely exciting explosive okay now I I do

Hesitate cuz I am mainly cover Bitcoin Bitcoin is the leading indicator for the entire market obviously I do need to begin talking about all coins in more detail because guys it makes up a huge portion of the market about roughly almost 50% of the entire market again keep in mind Bitcoin still makes up about I believe it's like 60% of the entire cryptocurrency market so there's still a high dominance level there now guys as for Bitcoin this is what we talked about the beginning of the video now this is absolutely astonishing to me okay let me play this quick replay and

Maybe put on some really a very chill very chill music guys and chill back and watch this quick uh twenty second lapse okay absolutely huge so on this small chart now this is not a big pattern it's on the 15 you can see I don't like the one-hour but just for more detail we have this on the 15-minute chart here so this is very small timeframes but what happened we had this consolidation pattern at a key level if we zoom out ok very key level this whole area right here now what happened is we started the symmetrical triangle we tried to break out I don't know if you guys remember

This early on February 13th all the way to ten five which is the high okay it literally shot out of here to the high so far of 2020 and it got rejected very fast you can see that back into this triangle consolidated and once again guys touch the top here and it tried to break out it got rejected and you can see very quickly it felt down here and actually broke out of this triangle so this was a rejection now what we avoided was lower lows okay look at this we found some support here a very key level we found support that could have gone worse if it broke there we

Have dropped significantly from there but it held very strongly you see it bounces very quickly within about a 30 minute period here okay and back up and again we're currently still just sideways trading here but now that could have been a big move but what is this illustrate this illustrates here that there is a lot of support and this very small climb that we see going on here as you can see illustrated here on the daily chart it is just a very robust and it just wants to continue slowly to get through this very critical area okay now if I want to switch to this let's

Actually go back to this chart because this is absolutely key here what we've been doing for the past few weeks now is trading in this very key level we've been above the 9000 and in between the 9000 like 10.4 area now this is right here we're basically the highs of 2019 basically the lower high of 2019 here this is key to get over again we're still teeter-tottering right at the very tippy top of this channel of this of this level right here so we really want to get above that but we're still hanging on there we've been there since January 28th a few weeks we've been

Trading in here now this is the slow climb here you see such slow consolidation now I don't expect any explosive macro moves on this daily chart until after we get above these levels and then maybe around like the 11 K up that's when we can start seeing some very big volatility but as for right now as you guys can see on this chart there is a lot of resistance here but again we're at the very tippy top of it so this thing could break out at any point we want to see the momentum build but again it would not be bad if we actually saw it pull back down to some

Lower levels in the meantime like we've seen okay on this slow climb we've seen it a few times here we've seen some significant pull backs we haven't necessarily got one yet on this chart in this box here so guys we have to watch that and see what's going on there but for the most part we're in like the last of the GUI zone and before Bitcoin could get explosive here now guys with Bitcoin getting explosive we see all coins across the board been explosive lately as well some very top coins in the top 15 up 10 to 20 percent in a 24-hour period

Tasos chain-linked absolutely huge you guys love those I've been getting comments about them all the time so they're definitely gonna be included in the old video they're kind of like the obvious ones because they're huge tasers and chain-link have been going nuts and I've been fortunate and happy that I have been invested in them not as long as I'd want to but at least long enough to catch a lot of this action here and guys this is well this upwards channel right here this honestly we this is what I've talked about the beginning as well we have now been trading in the

Middle zone of this since February 5th ten days the longest we've been in one of these three channels since breaking out on January actually we could start it back on January 3rd before the giant breakout here but again we have to see some decision time soon we've seen the last three days we've being pushed down to the bottom of this resistance you see it increasing here okay the resistance these levels have been increasing over the past three days but again we've been pushed down and if we're able to get back above this channel you know at this point at ten point seven again big move

Coming I think but we really see a lot of resistance right now and that's for the reasons we explained a few minutes ago just a big gooey gummies own so guys needs to be watched out for you guys let me know what you think that's it for this update again to sum it up a critical level for Bitcoin but more importantly I mean that's why I spent the first like ten minutes of video talking about this altcoins huge okay gear up for it it's going to be big it could happen extremely fast and I think 2020 is going to see an old coin surge keep in mind the Bitcoin

Having is only months away and again will that money flow from Bitcoin if there's a dump for Bitcoin after the halving or going into the having will that flow into the all coins as well and will that momentum continue if it does so yeah thanks so much for watching and I'll see you in the next one

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