IT’S NOT OVER!! BITCOIN SHOWS SIGNS OF THIS CRUCIAL MOVE! | MUST SEE – FEBRUARY EXPLOSION!?

by birtanpublished on October 5, 2020

Wow you guys are going to want to check this out guys as you may know Bitcoin has decreased a few hundred dollars as of about midnight last night we have some important things that we need to show you on these charts but most importantly where's Bitcoin now and what is going on with the market what is the overall momentum does this change anything in fact looking at the macro view of Bitcoin on this daily chart is looking absolutely prime what are the next targets because overall what do we expect this chart to do over the next few weeks to the end of February because guys what up what we're about to go over

Is extremely exciting and most importantly what is going to be happening towards the end of this month if mega bullish scenario number one in fact does come true is in fact the meat tomatoes and tomato sauce of this video so exciting Bitcoin is absolutely abiding this channel is beautiful after breaking out of this inverse Head & Shoulders we want to spend time on this guys let's not waste too much time let's get ready to start this episode Wow what's going on welcome back another exciting episode today we have a lot to go over but we have a few announcements

On thinking big over guys in this video we're going to be picking a winner for this ledger but you – do you know what this one actually you can't win this one anymore if you haven't commented but guys if you wanna start winning these other levies and in fact there's more we should argue more on Saturday if you want to win the other legends ideas in a comment below and guys make sure you like subscribe to term position came in that Bell and we had so much to get into on these charts but really before we dive into it there are a few things I want to say you guys okay I woke up this

Morning to a buttload of messages about people apparently last night around midnight or a little little after that on the East Coast Bitcoin did drop a few hundred dollars and people were freaking out and I think one of the most important things to recognize in this space is that we cannot let emotions dictate how we feel about this market guys I learned the hard way over the past few years and I see the truck go up and down and and you can you can see I get excited I get excited looking at the chart but when it goes down do I feel upset I will be honest with you guys

Know when the price goes up it is very exciting but at the same time kind of just always excited about the charts for the most part pretty much the same again I'm not gonna lie I get very excited when the price goes up but when it dips especially after going up so much guys it's so expected that my emotions stay completely the same okay in fact sometimes they get happy when it goes down because when we get to areas where we expected to go down and it does go down that's confirmation and in fact that just is just following the pattern so we need to be vigilant and we need to

Be mindful of that it is why you guys this is absolutely one of my favorite tweets I've had in a long time okay and it's referencing this tweet the difference between Ken K in 2017 and 10k in 2020 is that 10 K in 2020 is relatively boring the main event has not even begun and that could not be more true does going into 2017 $2,000 $3,000 was huge okay for Bitcoin $5,000 was absolutely insane okay I remember living through the time 5000 reaching 5000 was insane when we hit 10,000 dollars myself included and so many people from around the globe thought wow that is insane

This can not possibly go up higher how is it even going this high and then we doubled from 10k to 20k okay so keep that in mind when you're looking at these charts they will absolutely surprise you during a bull run and guys 10k now is nothing we're at 10k as we're trading and trying to get out into this massive bull market okay 10k 20k is nothing okay what is the new 20k what is the new 20k that will shock the world okay is it 60 K mm-hmm is it a hundred K is it 200,000 the possibilities are limitless and you guys need to recognize that as well so

Exciting stuff oh and as well guys altcoin updates we are gonna be sprinkling some of that into these videos but specifically we're also gonna be mentioning those in the member videos so if you guys want to you know check those out definitely maybe throw in like a favorite altcoin for each episode because in particular there's one bad boy that I can just not get enough of that coin guy's huge so I want to get this right this is absolutely a very mind boggling to me so this is the just the upward channel the bitcoins been in since it broke out of

The inverse head and shoulders back on January 6 the very beginning of 2020 okay absolutely huge now we can see a very clear pattern in this chart okay one thing I love doing on these channels is drawing parallel lines within because they so often are just so crucial and let me just point this out and you prove this to you right now okay we breakout we come to here we find some resistance we come down to here fail there and we come down to here and look what we find support right along here we trade up we find a resistance around here we trade up and we break

Now look we find some resistance right here okay we bounce in between this channel you can see how many dozens of times this touch to the top and the bottom combined trade in this channel you know fail break down come down here trading this middle channel you see that fail massive Kindle back down to the bottom you can see it break out a little bit which is not unheard of these patterns are not perfect but this in fact is a great illustration of this you see it break then from the bottom after going to the bottom two days all it took one here stopped right here again

Important resistance and then boom straight to the very top of this channel okay we test it for like two to three days come back down this channel fail here come back down find support here break right on through and now we've just been testing this for support for a few days and then we failed okay but instead of actually going all the way to the bottom you see we're actually holding right on this right now okay and this has happened before we see a hold right on this channel and it could lead to further upside now I am looking for two things okay for Bitcoin right now we

Either could get a break down to the bottom of this channel and was right now that would be about like 95 96 would be perfectly healthy to stay in this channel okay so another few hundred dollars down but we could also see a move back up and I don't think it would be tomorrow I think this would take a few more days of consolidation because if we saw move down here a few hundred more dollars this is that would literally be pitch perfect that is nothing to worry about there are some lower downside targets it will not be as bullish as that and

That's what we can talk about in the rest of this video as well guys but we have to keep in mind as well at any point we could just say forget this we're going back up now this is really important to we give it a few days the top of this channel will be right around ten point six even just the top of this channel okay this is just in the next four days within the next four days if this even trades within this channel because that's how parabolic this channel is that would be ten point six and we guys you guys know what ten point six is and actually if it broke to the

Very top as it has before okay only a few weeks ago that would be around the $11,000 mark so let's actually take a look this is really important here on the ten point six that would put us above this high and it would create a higher high on the macro timeframe for the first time since we broke here that would be huge okay so right here this would be key in breaking that there now again I'll put us to let's say like ten point six that would take us up to here I think significant resistance actually might be around like the ten point eight but again depending

On how long we trade in here and how much there is going into 10.6 guys we could see that actually blast through here and we could start seeing the doors blow off now again i 100% believe that the zone from about 10 to 13 k is very muddy that might take a lot we see it coming you know pretty slowly we talked about this before it's kind of been very consulted to Tory it's been as you can see on this chart not very pumpy it's been up and down as opposed to this guys let's take a look at this pump consolidation absolute pump consolidation and massive

Pump here okay now take a look at this we see these little lines okay consolidations it's not nearly as pump II but it's much more consult consolidate ori and it's at a slower pace now that's a good thing i think okay alright evens a lot of things out on the way up in terms of the indicators and momentum but most importantly again like i was just referencing if we once we get to above that like 11 to 13 k range okay and i'll put that on the on the chart here so you can just so i can illustrate it for you basically here to this area here and actually all the way

Down to basically we're at right now so essentially this entire box here okay this entire box is so money we zoom out once we break past this area here i think that's when things will get absolutely insane in 20k is literally right around the corner meaning i think once we get above 14k i think we'll see 20k very fast within days of breaking 14k now that might sound like a lot six thousand dollars and one you know one week maybe but again I just think that's so likely as a momentum builds we're not gonna like creep up to 18k we're not gonna creep up

To 19 K in my opinion I think when it actually busts when this thing absolutely when this thing absolutely busts it'll go very fast and I think for bust mode to happen it needs to be above like the 13 to 14 for actually 14 minimum for bus mode to happen okay if we really want to see the bust we need to get about 14 K and that's one thing to get crazy so guys very exciting stuff want to keep this update a little short and sweet because we have a lot of data that we want to save some excitement for some future videos because we have a lot of

Stuff we want to talk about guys make sure to stay tuned oh and actually you know what I guess we got to do a giveaway winner almost forgot about it okay and we actually started this month off with this so muscat one two three four five six seven so seven videos so let's do that here boom generate okay we go to video number four so one two three four this is the one are you judging me okay you guys so we're gonna paste that video URL in here okay hit get YouTube comments okay 169 very nice number okay struck the raffle and pick a random winner

Let's see who wins oh wow awesome job my friend s tyrant legend bro Wow beautiful so you do message me on Twitter my brother you know how this thing goes and we can do this guy's remember keep in mind we got two more of these bad boys coming actually probably pretty soon we'll probably the next one in a few maybe like a week or so and then we'll do the other one definitely before the end of the month guys is a short month remember February thanks much for joining I'll see you in the next one you

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