Bitcoin just broke above another key Level of resistance in the market and on Today's update video I will talk about What does this mean for Bitcoin what is The next move going to be for Bitcoin Because yesterday I said I wanted to Wait to see what the market is doing and Now I think I'm starting to see the Direction where Bitcoin is heading Towards next so I will be discussing This the liquidation heat map on the Market about where liquidity is Currently building up in the market on The top or lower side and many more Important charts so without any further Ado don't forget to slap that like Button once again above 1,000 likes that Will be absolutely incredible and with That being said let me jump straight Away in towards the content so only in The short term we can start to see that Bitcoin actually created another move Towards the upside right now due to the Fact that it this weekend it's actually Quite an interesting move that we're Seeing we're breaking above this very Important level resistance what was my Take profit Target last time around While we were pushing towards the upside And right now we saw yesterday another Rejection from of this level and after That we pushed again towards the upside And broke above this key level of Resistance and right now Bitcoin is

I show You how To Make Huge Profits In A Short Time With Cryptos! I show You how To Make Huge Profits In A Short Time With Cryptos! Welcome to the Future of Money

Hanging somewhere around 42.3k so what is next for Bitcoin I mean If I'm right now looking at the Bitcoin Price action right now like you can see We're in a very strong recovery and Actually my target was first $42,000 but now I am thinking about Adjusting my target to 43.2k as my next Level of resistance of this major Recovery for Bitcoin and then we have Been creating a massive vshape recovery What I am still expecting is that Actually we are going to see a rejection Somewhere and I think it is going to be Likely that it is going to be this red Books right here or potentially already This level right here sitting around 42.8k but so far we've not tested tested This level yet so I think Bitcoin could Actually still go down a little bit Further see a massive rejection from of This level that we're going to be Retesting on the tops side move Potentially down back to 40.6k and then Going to see the next move for Bitcoin Getting created because why why because What we can clearly see is that Basically the narrative follows the Price action so right now Bitcoin is Being going up here and the narrative Has been oh but the gray skill outflows Are not that big anymore because it's Getting absorbed very heavily by all These other ETF issuers but you have to

Understand that still there's quite a Massive amount of outflow about 100 Million US dollar every single day and Once the market is going to be going Back in towards the weekdays I still Think we could see potentially another Rejection for B Bitcoin and I mean I do Know that black rock at CRA is currently Buying up the price action of Bitcoin But I still think there's an highly Likely chance that we're going to see a Rejection from of this level and Potentially move down either towards 41.6k what is going to be my first DP Target or either to 40.6k and those are Two Targets I'm currently looking at I Still think that Bitcoin over the course Of the beginning of next week is going To go a little bit higher but once we're Going to be reaching that 43.2 to 43.3k Level that will be a very decisive Moment in the market and also one of the Reasons why I'm currently saying this is Because I mean I've been exactly calling The top right here calling this move Towards the downside ever since we Bounced here I said we're going to lower And here we bounce I said we're going to Go lower and then here on the bottom I Said I'm going to go long and here I Exited my trades what I'm saying and how I can predict these moves here guys is Mainly also due TOS the liquidity in the Market and I mean currently we can start

To see that there is a massive amounts Of Bitcoin long positions liquidations Getting built up once again below us and That's sitting somewhere around 39.5k so that is significantly lower Than we're currently sitting so I Actually won't be surprised if Bitcoin Really sees another flush down towards The downside because once again people Are really following the narrative and Right now the narrative is is that of Course the market is bottoming because Gray skill is stopping to sell but you Have to understand that once everyone is Going to be opening up long positions The market is most likely going to go Down and once everyone is going to be Opening up short positions like they did Here on the Lower Side the market is Most likely going to be be going up and That is how you are getting wrecked and That is why I want to be pointing this Out once again there is a massive amount Of liquidity building up on the lower Side I still think that it is not enough Yet for Bitcoin to really go there Really quickly but I think it is going To be like a magnet it's going to be Attracting Bitcoin to be going there but It is going to be needing some time and That is once again why you need to be Patient because I am a very patient Trader because I can clearly show you of Course the trade I opened up a few days

Ago here what I shared on the channel Where I shared my entry prices where I Shared my takeprofit prices I made an Approximately 14 to 15K in profit right Here but you can clearly see here on my Trading performance record I've opened Up only five to six trades in the last What is it three months here but I have Literally won every single trade of it Only I have this link trade right here But that was a few cents so due to that I'm in a small loss over there but it's Literally six cents of loss so I don't Don't really count that but literally You can see I opened up six trads and All my six previous trads were winning I Am not lying these are the results and Once again guys for my next trade maybe It's going to be taking a very long time Before I'm going to be opening it but You have to understand that I only open Up trades where I am very convinced of That I will be catching towards the uh Towards the green so I will I will only Open up trades where I think I am going To be having a big chance of winning Like a 90 to 80% winning ratio so that Is why I'm currently doing this and if You want to be joining me with my next Trade make sure to subscribe to the Channel because I am sharing everything Here on the channel and it would highly Appreciate it if you subscribe to the Channel and of course Smash Up The Bell

Notification to stay up toate about all These daily updates on the on the Channel and before clicking away the Video I've got some very important Charts that I will be discussing later But you have to understand that right Now there are only three days left for You to be claiming this free $1,000 air Position on bitcoin and all you need to Do for this year guys is only sign up an Account using that link below deposit $100 in your first s days and you could Be claiming a free $1,000 air position Here on buy bit and this deposit bonus Will be ending in 3 days from now on It's also only 33% remaining in stock But you have to be very quick because Yeah time is running out only three days And then it's going to go back towards a $200 uh air position so it's going to be Significantly less so this is the last Opportunity for you to claim this insane Air drop position here on bitcoin so Going further in towards the charts guys We can currently see that Bitcoin is Actually breaking above that daily EMA Ribbon right now what is of course Critical resistance for Bitcoin and if We break above it it would be actually Quite a good sign in my opinion and of Course we exactly bounced from my Support doer 39.7k I talked about that Level so many times and the reason why I Talked about this level guys is purely

What happened in the past because how I Determine my levels of important support And resistance is usually historical Levels and this is the dropof point for Bitcoin this was the level where the Major bare Market started we saw Rejection and then that double top and That was the point the big bar Market Started so this level I thought will be Most likely provide the significant Amount of support and like you can see It clearly did so that is how I Determine my levels in the future I will Be of course once again tell you why I Will be opening up trades on these Levels but yeah Bitcoin exactly bouns From off that level what is of course Beautiful to see here I will be removing The Upp sloping support line for a Second but basically what we can Currently see here is that Bitcoin is in An entire gigantic reconsolidation phase Right we're just re accumulating between 40 and 50,000 And I said that actually that is most Likely to be happening and in 74 days From now on the Bitcoin Hing is going to Be there and I expect and I expect as we Are closing in towards the Bitcoin Hing We will be getting that final runup here Before the Big Bull Run starts here and That is the point where we want to be Really getting ready because if we are Getting that correction after or that

Sideway consolidation phase after the Bitcoin Hing that is your last Opportunity to actually get in cheap and It's not going to take long anymore Because from approximately 9 months from Now on the Bitcoin bull market is set to Be starting so make sure to prepare Yourself right now here this is the time To prepare not the time to panic black Rock is literally buying a Bitcoin They're already holding more than two Billion US dollars in assets under Management more than 50,000 Bitcoins They have currently under management so This is quite massive so I remain to Expect that Bitcoin is going to Consolidate in this region right here And I said this several times before if We break above the wide line of Resistance sitting right $48,000 that is The point where I would call the Bitcoin Bull market is right now starting so With that being said guys this was it For me in today's update video smash up That like button back up of 1,000 likes Subscribe to the channel and I'll see You guys on the next one peace out Goodbye

You May Also Like