RIGHT IN FRONT OF OUR EYES!! BITCOIN HAS DONE THIS BEFORE – FEBRUARY 100% PUMP!?! | ALTCOINS SURGE

by birtanpublished on October 4, 2020

Okay tickle my toes and spit in my protein shake this mamacita is ready for some games as discussed in yesterday's update Bitcoin held this critical line here and absolutely had a massive bounce to the very top of this you can see this here on the 4-hour chart and we can actually show it on one hours well and get into the TA what is going on with these charts where does this price want to go we're seeing some overhead resistance now right at the top of this channel as we talked about in yesterday's update what does it mean what are the next moves guys it has been fluctuating throughout this channel and

It's very important to keep in mind what that means and to be aware of what the next moves for Bitcoin could bring alt coins across the board are popping off and going absolutely nuts is this a sign for things to come is the alts as in here is Bitcoin here is this really just the beginning and Bitcoin for the first time since October 26 to 2019 is testing this area right here and might actually be setting a higher high on this chart and in fact Bitcoin did break that higher high but it has not held just yet it is currently basically teeter-tottering

Right there is this move going to push this up and we're gonna have a nice burst of movement or are we going to be putting it back down guys so much talked about in this episode so guys kick back take off your shoes order a pizza and slide that piping hot cheese down that tube guys let's get into the video Wow what's going on everyone welcome back another exciting episode today I'm sure you know what happened this is huge and we want to talk about what this means for Bitcoin price guys because as you may know this continues to get exciting and one of the most important things

That I think we have to mention here is that when we mentioned the most bullish scenario in these videos so far guys this is actually unprecedented for the past two months Bitcoin has basically just obeyed what these scenarios are and they keep going to the most bullish scenarios because as you guys may know there are many scenarios the Bitcoin can do but in fact so far Bitcoin for weeks now Bitcoin has hit the targets of the most bullish scenarios and guys you can see that on the chart is absolutely climbing so we have so much again into today you guys so exciting stuff so guys

If you want to make sure to enter in these Ledger's in fact when we hit 20,000 subscribers we're about a little less than 300 subscribers we'll give another one of these bad boys out so depending on that happens it could be you know a few days from now it could be it could be even longer than that wow this is so exciting nobody really knows okay there's something stuff you guys like to do enter to win this ledger is leave a comment below and you guys are new make sure you like make sure leave subscribe Trump positive occasion ding that Bell and this will be

The first video in fact for this particular ledger actually so we'll do that this will be the first video for this ledger and then whenever we hit 20 K that is the day we'll do the video to give this bad boy away and as well my brothers and my sisters and my cousins out there we are going to be uploading this exciting video soon about some of our favorite all coins on the the joint thing here to our q2 members very excited about that I try not to talk about all it's too much in these main videos here but that is exactly what I want to do specifically in his upcoming

Video I'm very excited and putting together a lot of information and gonna be sharing with you some very exciting alts that I'm extremely excited about and have been extremely passionate about you know what they say if you can't beat them join them and if they won't let you join them and then spit in their milk guys let's get into this update guys so this is absolutely crucial now yesterday you guys might have noticed we posted a video yesterday talking about a few things but primarily the the main point of yesterday's video was was picturing

This okay this ascending channel here the Bitcoin has been blowing up into and these parallel lines that Bitcoin has clearly been abiding by now as of this morning actually right around about 10 a.m. here on the East Coast we got a massive bounce here okay and look where it went all the way up to the very top of this channel yet again confirming the market structure here of this upwards channel right here okay now as of today because this just shifted into the next daily candle as about 45 minutes ago okay as of right now we have a little indecision here so there are really some

Scenarios as this candle has just begun we're not even an hour into this 24 hour daily candle we have the potential to check up here and continue and climb up to this to 10.5 K level or come back down to this nine point nine K level now Bitcoin has done this before but this so far is reminding me of something that we've seen back here when we had this first burst here I kind of teeter-totter around here a few days kind of bounced around and then we found some support blasted back here after going down for two days consolidate for a little bit here and then pumped its way up okay and

We actually have to transition to a shorter time frame chart so we can illustrate that because that did happen back around January 10th 11th 12 okay so here we have burst up pullback and then a massive candle right from the bottom again straight up and now we're kind of in this – indecision period of most likely two to three days max okay this could actually be much quicker as these patterns office you won't repeat themselves but let's so actually – January tenth eleventh and twelfth back here and we can showcase this pattern that the Bitcoin did go

Into and that was this awesome pattern that we were tracking here guys this symmetric triangle okay that's exactly where it was on this chart it's this area right here and this is what it looks like on the 4-hour chart go to the one-hour chart you can actually see a little bit better back on the 10th 11th and 12th year of some consolidation after a nice dip but again this dip was very short-lived after a pump just like we saw now pump dip into this pattern and then break out yet again okay now that was the pattern we had back then so we had a break okay let's

Actually illustrate this had a long break consolidation pattern and then another break up here now are we gonna form some consolidation pattern over the next few days here or in fact are we really going to want to test the upper echelons of this chart here the top or the middle here now that's very exciting so I'm gonna definitely take a look into now before we continue this chart cause I want to actually draw attention to this guy's all points have been absolutely dominating altcoins have been popping off across the board okay now this one in particular guys I mean I've

Just gotten so many comments that people want me to look at this Tasos yes it is true yes I've been following kilos for a very long time I'm and I've been invested as well I absolutely love this corner I've actually absolutely loved what it's been doing over the past few months specifically though what's important is this actually kicked off right around the time that the inverse head-and-shoulders broke out and Tasos has been absolutely doing extremely well up to this breakout we see all coins across the board really kind of doing their own things separating a little bit

Some of these pumping 10 15 even 20 percent in days or Bitcoin is up a few percent or if it is even down sometimes but most likely when Turk winds up at least a little bit take a look at this chart here guys look at this Bitcoin of about 5 percent on the day but you see across the board where we have a theorem up 10% awesome yo ass up like 10% as well very cool we see things like Tasos like we just mentioned up 13% chain-linked up 16 it was actually up more than that earlier today of 16% okay so we just see this across the board any

Em up 21% almost okay we see some nice variations and we have the chain up 15% this is very interesting now what I want to draw your attention to here briefly guys is this so this is the top 100 coins by market cap here we see this is the percentage I actually have it from all-time high so bitcoins actually less than 50% from its all-time high but that is clearly the exception most of these coins are significantly down ok XRP down 91% I figure I'm down 83% from its all-time high cos down 76 like going down 78 it looks like look at that

Now let's go down and look at some others not hard ah no down almost 95% ok now chain link up down only 12% stellar style 91 so you guys get the picture here so many of these top coins in terms of their reputations and in terms of their market caps as well are down massively most of them are still down at least 70 percent from their all-time highs ok now with this coming bull run is one of the things that I'm trying to insinuate here that these coins will you know at least reach their market caps their previous all-time highs yes I do think that's gonna be the case once we

Actually get some momentum I do think it will be select coins I don't think it will literally be every coin until maybe the end of the run because one thing you have to factor in it during bull runs and during bowl cycles is the exuberance and the pure elation of the market it does not make sense ok cents gets thrown out of the window during a bull run it's based on hype essentially at a certain point it becomes just pure excitement and things can be crazy and they don't even have to make sense they usually don't so definitely keep an eye on that I think that that's gonna continue to be

A trend for these coins especially as we get closer and closer to all-time highs and especially as we get closer to breaking the all-time highs and especially after breaking the all-time highs ok so what I'm gonna take a look at here is just a Bitcoin chart now actually breaking through this top channel here ok of these 3 channels this is probably the least important of the channels however you do see finding some resistance right here ok we see right the tippy-top of where this wikked up to we had such trouble breaking out of that

And we didn't back in the summer of 2019 ok tippy-top there and as well you notice actually getting a bounce right at this $9,900 level which is coincidentally also the bottom of this channel but this is on the daily timeframe zoomed out we're gonna see how important that is guys now honestly because the higher and higher we get above this I think the resistance get smaller and smaller as we've traded up there less in last time okay so I think this area is absolutely crucial really getting humble up above 11 K getting above 10 point 8 K or 11 K I

Think that's going to be huge this area here once we get above here I think we're gonna see a lot of this a lot of this resistance fall by the wayside and again like I said in yesterday's video I don't think 18 19 K we're gonna be creeping up to those levels I think when we're approaching 80 19 K it's gonna be very fast it's gonna be explosive okay so keep an eye out for that I think that's very important to watch out for but guys yeah I think today overall this is just a very good confirmation of this pattern and we really want to see how this thing plays out how it ends in

Really what direction Bitcoin wants to break because it's been following this channel ever since the breakout on January 6th absolutely perfectly it's been very very nice and very slow but also positive price action not as explosive and not as crazy in terms of pull backs either we've had from solid ations along the way I think it's really important for a healthy run so guys thank you so much for watching and I'll see you in the next one you

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