TRANSKRYPCJA VIDEO
The speaker emphasizes the importance of analyzing Bitcoin charts for insights into its future movements, rather than relying on news sources like Google or CNBC. They highlight recent price movements and caution against opening long trades due to short-term uncertainty. The speaker also mentions their profitable trades and upcoming exclusive posts for followers on a trading platform.
today for the bitcoin and cryptocurrency prices guys this sentence the statement show me the charts and i will tell you the news has never been more accurate than in the last few days show me the bitcoin chart and tell me before the fact that the united states will attack iran that these conflicts are escalating it's horrible right Let's leave all the ethical questions and all of that on the sidelines for this specific video. Not that it's not important, but we do want to focus here on Bitcoin and what is going to happen to Bitcoin. The charts are telling us the truth. Let's go straight into it and let's talk about what am I doing with my trades.
Are we going to go completely downhill from here or not? Well, the chart might tell us. Not Google will tell us. Not CNBC will tell us. That for sure not. So let's go straight into the charts and let's talk about what is happening. And I don't know if you are following me over on Twitter at mmcrypto with verified checkmark. Make sure you're following the right one. There are a lot of fake accounts I was posting yesterday or actually one and a half, almost two days ago. Bitcoin, this deserves attention. This break from this daily support, right? No one was listening. Everyone was saying, okay, nothing is happening. What are you talking about? We went down a few hundred dollars.
Well, this break of the resistance deserved attention. And I posted a few hours ago again, still, we need attention on this, right? And well, just now I posted once again, this chart predicted the US attack on Iran. Show me the charts and I'll tell you the news.
Well, if we are going straight into the chart here right now, you can see we did break this support and we are now going further lower now the question is how can we interpret that well this break to the downside is for sure confirmed right this is this is certainty also if we are zooming in you can see we created a new lower low for bitcoin so for sure i would be very very careful here opening any long trades i would not open short trades but i would for sure not open long trades because the uncertainty short term is very big am i bullish on bitcoin generally especially long term yes i am short term we can see we have here some potential bearish targets towards the downside on the ema ribbon bitcoin also broke below the daily ribbon the last time we did that was right here.
Well, what happened afterwards? We had this very long downtrend. Of course, there are exceptions to the rule, but breaking a daily support and breaking at the same time the EMA ribbon on the daily, both at the same time, is certainly something which deserves attention. This is something I want to tell you, dear ladies and gentlemen. And yes, I am in my trades, but they have been looking better before. This short-term Ethereum trade for the first time in a loss. It was in a significant profit before. The short-term Bitcoin trade, something which is actually possible, I'm going to close it. $700,000 in a profit still. And the long-term trade is still $12 million in a profit. The short-term trade might get closed soon.
And it will, of course, cover the small Ethereum losses here. I usually do not like to panic act, so I will definitely put some more thoughts towards that that is for sure if you do wanna long if you do wanna short if you do wanna anything you can trade down below i leave you the links to buy bit 30 000 free bonus levex i will post within the next 7 to 10 days a few of my thoughts exclusively for my followers on levex you need to use my link to actually see these posts which i'm posting on the platform for free with a free account.
and bit unix if you want to trade from wherever regardless where you are and um yeah that is already it for today ladies and gentlemen we are going to see you very soon at the next time i'm encrypted as always guys as always bye bye.
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