IT’S ACTUALLY HAPPENING!! BITCOIN STAGE 2 OF PARABOLIC RUN ~ YOU WON’T BELIEVE IT | ALTCOIN SURGE??

by birtanpublished on October 3, 2020

I'll be a monkey's uncle guys less than 36 after posting our video that a huge move was coming right here in fact we did have a huge move the opposite direction of a pump what is typically referred to as a dump and guys if we take a look at this on this 30-minute chart you can see clearly here this move from ten thousand two hundred down to nine thousand eight hundred in a single about five minute candle here was the exact area and height of the pump that we had back on February 11th so that's very interesting we have to take a look at that and currently as we're recording this video Bitcoin is bouncing off of

This descending line right here now what are the targets where is this going is this any reason to get your panties in a bundle in fact Bitcoin again testing the bottom of this upward channel since the breakout on January 6th is this good or bad it is important has this happened before what does this mean for Bitcoin and guys we have to take a look at this pattern that we been talking about for a week now what does this mean what are some pull back areas will this go lower is it still bullish so much to talk about with Bitcoin and what are altcoins doing as well alt coins are dumping

Significantly more currently a usual pattern we see in the market as Bitcoin tends to correct this is the third time that Bitcoin has done this in the past month and a half is there anything that we need to panic about what do we need to look into today and most importantly this potentially could be you know this is a pattern we've been talking about for a while but now but this potentially if we did see a continued retracement that we can look at on other charts as well this could be setting up for a huge move guys now keep in mind the entire trend is still bullish the trend is your

Friend until the end and I cannot pretend that I didn't send those pictures to that woman wow what a huge regret absolutely mind-blowing guys so much to get into in this video we have so much exciting things to take a look at and like my baseball coach always used to say don't tell anyone what just happened guys let's get into this video Wow what's going on welcome back to another exciting update guys okay emotions are in this is huge and these are in fact my favorite updates to make and I'll tell you why okay when we're at the top when

We just spent you know a few days maybe even a week or so rallying and we're at a very important point those to me are fulfilling but at the same time they're a little less exciting to me because guys as you know when there's pumps there's dumps and when there's dumps there's pumps so we just had you know we have a move up what's the next thing most likely it's going to happen we're most likely going to have some sort of retracement okay and again this is a bullish trend so overall this trend has been you know increase pull back but then continue to increase and so on and

So forth so that is the overall trend that we have to keep in mind let me unbutton this is a little too tight but guys that's extremely important to take a look at and it's extremely important to recognize okay we just spent the last two months talking about all of these super bullish scenarios whether it's the you know the crosses on these timeframes with the moving averages whether it's the Fibonacci bounces and and breakthroughs the resistance break through so many different key things and those do not fly out the window those are in fact validators of a bullish

Trend which we are still 100% intact a lot of people ask when will I change my attitude when will I start getting bearish and guys I would only get bearish if some bearish things happened okay this is a perfectly normal pullback that we see a million times so again so much to get into and in fact in this video guys as we dimension we're gonna be giving away these two Ledger's Wow at the end of this video all you have to do is leave a comment below and get smoochy on me feels like subscribe tremble if occations ding that bell and we'll do that at the end of the video

Here and as well guys if you do want to enter later tonight we're gonna be giving away one of these four Ledger's as well on Twitter so all you have to do for that is to to retweet this tweet and guys quote tweets do not show up in this tweet thing that I'm going to pick the winner from so if you do a quote tweet it won't show up so you have to do an actual retweet or sorry a quote retweet or whatever it's called it just needs to be in normal you know hit the button boom and guys this is something I want to delve into before we really jump into the tomatoes of this ta now this was I

Posted this within a few minutes of the pullback yesterday because yesterday I made a video and literally within three minutes of that video being uploaded Bitcoin dumped like four hundred dollars okay it was instant no the main point of my video yesterday was all coins so my video didn't have too much to do with the actual dump but I wasn't mentioning the robustness of Bitcoin on the smaller timeframes towards the beginning of the video so so I posted this tweet and a pullback to the 90 200 area is actually huge and very bullish now there are a few reasons now I had

This tweet we've been talking about this for a while now this potential cup and handle on a very large time frame about four or five months in the making however you know this is something I really want to delve into here guys and as well I want to give a shout to everybody here on this channel that just is very I feel like very used to this I get so many comments all the time you always get a comment you know Bitcoin going you know five dollars it's the end it's the end you know I didn't get enough nutrients when I was a child and you know I'm just crazy Wow so I want to

Give a great shout to all the people out there who are rational and leave comments that you know what they're expecting this dip okay very important stuff and as well Before we jump in the video guys thanks so much we had our member video come out yesterday with alt sighting okay some of these are beautiful and is well we did add new badges that I had custom made huge guys absolutely awesome thanks so much for all the joining there we can just take a look before we actually jump into the charts here look at this right across the board now I'm gonna be honest I I do

Think this move does potentially have some room to go down we're gonna get into this in this video but again I do think that a rebound is going to happen this week most likely even if we break out of this channel that we need to show you on this chart here on the chart over here but I in fact did pick up some alts because they have been decreasing a little bit over the last 24 hours enough for me to feel comfortable putting a smaller position again adding my position to some of these alts here again bitcoins only down about like 1% less 24 hours so

Bitcoins really not that far down now I want to take a look at this chart first guys so we see this here on the daily you guys know that ever since the break out in early the very beginning of January we've been trading in this channel here okay within one of these three channels of this overall bigger channel and now for the first time since back on January 25th we're kind of testing the bottom really testing the bottom here and it looks like we're actually breaking out now this candle actually closes we get a pump before the end of the day back to 10k we won't have

Any candles below this level here but even if we do if we get a close here again guys keep in mind today is Sunday okay so even if we do get a close below there breaking this channel again I don't think it's the biggest biggest thing to be worried about okay it could indicate a little lengthier move down but again we haven't really seen a actual pull back from this breakout almost two months ago now since we've been inside of it so what I mean by that let's take a look here on the daily chart zoomed out here on bitstamp look at this guys we have some

Key levels that we have intact and we have some key resistances and supports that we've broken and found along the way so really nothing to get upset about and in fact what I've been talking about for about a week now is a pullback maybe down to this $9,200 level which I personally think would be extremely healthy and not only on this chart would this look really nice here the $9,200 level the 92 here would look about right about here okay let me move that back would be right around this level here and this could be like a perfect cup and handle okay this would be beautiful so

We have a cup here a handle if we got it back down to like the 9k maybe the 9.2 K level and then a retest here of about the 10.5 and then finally able to break the 10.5 things could be explosive out of there so that's something we need to watch out for we have so many more macro patterns bullish patterns they're exciting to look at that I really think it's kind of pointless sometimes getting hung up on like the hourly charts okay in the long run a week a month okay six months down the road these charts mean nothing okay we're using these because we track

These and we spend a lot of time every day looking at them but for the most part these are not that important this this 30-minute chart is really really kind of bogus but if you're looking on a 24 hour just you know every single hour like we are like you and I then again these do become a little intoxicating but we have to realize this is not that big of a move so okay so after breaking out of this channel on the 30-minute chart though we've been we were in this from February 5th after breaking out about about a week later on February 13th breaking out of this channel for

Good here we really tried to retest and get above this for an extended period of time for two entire days broke out now look at this this is important here right here was a pattern we broke down and we were trying to find support again yet on this level now this was huge this was support and resistance right here right around this ten thousand two hundred dollar level we broke it go from ten thousand two hundred straight down to ninety eight now look at that found some support here on previous resistance and support broke here and now it seems we've actually broken below this so as

Of right now again this move is still incredibly early and we want to see how long this move can last but we could see a bounce in fact we're seeing a bounce now on the 30-minute charts but we see this pattern here okay I've been descending and we see if we have about four touches going down this line and we actually bounce off of it again right here so it's important to know that this could be the end of this pullback this could be the end about the 97 $9,800 and we could go back up but again guys on the daily chart I do think that I pull back even further down to

The 9,000 to 9.2 I think that would be healthier and be a stronger move up I think I think that would be better but again this we have to really be aware of the trend which has been very bullish so if we did just get a continued bounce here I'm sorry if we even just did get a continued bounce here which kind of is on the top of this level here very similar to the bounce we had here and the bounce we had here as well guys look at the consistencies here top break go back to the top break break go down to the top here and then break here's the top go down to the

Top here right around the 95 again and we could continue here so again this candle actually is looking pretty bullish here you see it's already over like 70 percent rien Gulf of this so it's already covered it's already bounced very significantly there so if we did have a retest there again just make a bullish mode okay we'll do that as mega bullish mode number one but again it continued to pull back any stronger bullish bounce I think would be down it's maybe the nine thousand nine thousand two hundred dollar levels so again guys this is Lou I mean for the

Most part I know none of you were panicking out there there's so much rationality that I'm receiving the DMS so many so much rationality that I received in the comments but there are some toddlers out there who get in these comments and they say guys bitcoin down to five hundred dollars Bitcoin down to a thousand dollars guys I want you to do me a favor you know get your fingers out of that area that's not where they're supposed to be and get your heads out of your your booties okay your heads do not belong in the booties guys pay attention

We cannot panic with every $500 move you know we're grown adults we are in fact we are master class world performers here okay guys get your act together be smart and I do want to give a big shout out to all the intelligent people out there who do not let their emotions you know fly out the window with every $500 dip and likewise they don't let their emotions you know go go a little haywire with every 500 or $1000 pump wow so sweet guys thank you so much for joining me to this episode and wow we actually have to give away these Ledger's okay guys so I believe we'll do

This video here I believe this is when we started here talking about the 20k here and you know what let's do let's do this one as well so okay so we have two videos pulled up here so we'll copy and paste this here boom get YouTube comments a hundred two hundred twenty-nine unique comments I don't know if that's even accurate I don't think this site accurately does the number of comments here so let's do a winner here Wow unbelievable action Jackson is actually one of our members and he's somebody that we actually frequent the DMS guys congratulations

Action Jackson I know you're gonna be watching this video so I know you are definitely getting this ledger brother you already have my DM so just shoot me a DM you're gonna be pretty stoked actually and it's coming here is what what's your top alts for the cycle mr. t Wow and that actually is a perfect question for the video that we released yesterday for the member video they're huge well that actually worked out incredibly perfect in terms of me promoting member videos and in terms of me giving the ledger to a very nice supporter of the

Channel Wow now let's actually do number two here so let's do number two here let's go back alright we'll put in this new URL okay yeah that was the new URL there okay get YouTube comments and then we'll hit the star button okay so action Jackson definitely getting this ledger mailed out Jamison Whitman I'm all tingly inside Wow brother now that gets me a little excited I might have to get a cold bath to calm down because that is huge so brother all you do to come in here I don't believe I've DM do you although maybe I have I think I've seen you on

Twitter actually just make sure to shoot me a DM on Twitter and we get this mail guys make sure you don't leave a comment with your email cuz YouTube automatically blocks emails so I will never get that comment and as well guys if you want to win this 3rd ledger here on Twitter tonight all you have to do is leave or sorry retweet that's that tweet and we'll do that later on tonight guys super exciting stuff so thanks so much for watching winners make sure to give me a contact and I'll see you in the next one

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