TRANSKRYPCJA VIDEO
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today for the Bitcoin price and yes guys I have a very important warning for you and you might think wow Chris what the heck are you talking about you are in multi-million US dollar trades what are you warning us about Bitcoin I thought you are so bullish hear me out what I have to share with you today is very very important especially at this point of time I need to get this warning out because I feel like this is something you need to hear today let me straight go into it you can already see this is a short video but I want to get straight to the point and I don't want to like talk about multiple statistics and everything this is something for another day let's talk about what kind of warning I'm talking about here for Bitcoin starting on the weekly candles and don't get me wrong I mean I'm still in my long positions right my Bitcoin trade 2.
2 million US dollars in a profit the Ethereum trade 200 000 2.
5 million dollars in a profit I could take them and walk away if I would think this is the end for Bitcoin that's not the case but this warning is a legitimate one and it's one which really really is important and you all remember I'm the biggest bull of the universe like by far I was screaming that I'm going long right here I was bullish with the moment we broke this resistance the moment we broke the downward stopping resistance I was screaming left and right that I'm bullish also when I was when we were breaking 32 000 I was screaming that I am expecting even 40 000 we didn't quite hit it but almost right like more than 38 000 is almost imminent right that is going to happen very quickly and this is exactly what happened so now what is my warning all about right first of all let me get things straight what I am very convinced in is that if you want to measure it in the last bull run I think right now at this point of time we are somewhere right here maybe somewhere right here but we are certainly not right here there is a long way to go Bitcoin will go in my opinion according to my research way higher from where we are right now I think there is a lot of upside for Bitcoin a lot time wise I think two years price wise talking about that later on so let me get this straight but what I am seeing is 38 to 40 000 was my price target and 38 39 40 000 US dollars was my price target and for the reason for the reason that of course what's sorry one price target I mentioned earlier was here derived from this head and shoulders inverse head and shoulders pattern which basically now let me actually zoom into that basically now played out price target 38 300 the next price target was by the W pattern which after we broke out we hit the price target I mean not exactly exactly but almost right so what you can see we have your confluence we have hit the price targets and that doesn't mean Bitcoin is not gonna shoot up going to 48 000 the price target which I still think it is a possible achievable price target what I'm telling you is the higher Bitcoin goes the more the risk goes and as I'm in these long positions on like the Bitcoin trade at least comparably low leverage with a low entry point you can't compare this to potentially your situation right now if you are not in a long position and you are entering a long position right now you can get liquidated if Bitcoin goes down and I actually think 30 to 32 000 would be the potential bottom of a potential retracement you can even add a 6x leverage you can still get liquidated so it is very important now to be cautious and to at least use a little bit more caution than at the point of time after we bottomed when I was going full on bull more putting millions in this trade I'm staying in the trade but I'm not scooping up that trade I will do that if Bitcoin retraces and we are confirming support at 30 to 32 000 that is when I am going to actually scale up my trade if I was standing on the sidelines right now why not wait on the sidelines until the next opportunity comes this is something which should show it to you in every single cycle I show it to you on one on my on my index chart you can see we have this horizontal support which is then turning into resistance you can see it here right now horizontal support and resistance the moment we are breaking it here in 2016 you can see the the third circle it's still two years until we are reaching the bull market high but we are usually confirming the support again you can see the same thing right here 2006-2017 we are breaking out the moment we are breaking out the circle here in the middle we still have two years to go but we do come back and confirm the previous resistance which is then going into support right now you can see we tested the resistance tested we broke it now and it is very much possible and this is something you can apply for your holding portfolio that from here it's gonna go further more up and we are not going to see 30 to 32 000 again price trading wise you need to key as said you need to take into consideration that it is at least more likely than not that we are retesting that at that 30 to 32 000 is a possible scenario for bitcoin hotlink portfolio remains untouched my trading portfolio assets a position trade remains untouched but am i going to open a new highly leveraged long position right now after we hit the price target no and that is my point be cautious a little bit trading wise here bitcoin is bullish we are in a bull market don't get me wrong but we are at a tipping point where every dollar bitcoin gets higher from now on we have to expect a retracement to come just in terms of trading this is important to understand and of course i'm not telling you stop trading just be careful of course i am leaving you as always let me show you right here down below is 60 000 us dollar bonus link actually two links buy bitbit get click register deposit you can claim 60 000 us dollars in free bonuses and you can trade with these ones as well but you can click register deposit and claim the bonus now wait for the time to come and then use the free bonus for this trade be an experienced trader if you are trading but please take my words today into consideration it is words you are not really used for me i'm always bullish i know that and is usually really in my favor but i want to be a little bit more careful when everyone is bullish that's all i wanted to say for today let me know what you think about that smash the like leave a comment down below and we are going to see each other very soon at the next one as always guys as always bye bye.
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