🚨 BITCOIN: RED ALERT!!!!!!!!!🚨
TLDRThe speaker discusses their profitable Bitcoin and Ethereum trades, with a current profit of $9.5 million. They reveal a new price target for Bitcoin, suggesting a potential market cap all-time high and a psychological resistance at $69,000. The speaker anticipates a significant retracement before the Bitcoin halving in April, followed by a run-up to $100,000. They encourage viewers to like and repost the video for an altcoin section in the next update and offer a link for trading Bitcoin with a bonus.
Takeaways
- 📈 The speaker is experiencing significant profits from Bitcoin and Ethereum trades, totaling $9.5 million.
- 🚀 The speaker plans to reveal a new price target for Bitcoin in this video.
- 🎥 A big surprise is promised for viewers, including the possibility of the speaker showing their face in a future video.
- 👍 The speaker encourages viewers to like and repost the video to unlock an altcoin section in the next video.
- 💰 The speaker's Bitcoin trade is currently at a profit of $8.5-8.6 million, while the Ethereum trade is near $1 million.
- 📊 Bitcoin has already broken its all-time high in terms of market cap, despite the price being slightly lower.
- 🔢 The speaker anticipates a psychological resistance at $69,000 for Bitcoin, based on previous all-time high levels.
- 📉 The speaker advises caution against high leverage long positions due to potential resistance and a possible retracement.
- 🎯 The new price target for Bitcoin is set at $100,000, based on the Fibonacci golden extension.
- ⏳ The speaker expects Bitcoin to reach this target after the upcoming halving event in April.
- 🔗 A link is provided for viewers to register for a trading platform with a $30,000 bonus.
Q & A
What is the speaker's current profit from Bitcoin and Ethereum trades?
-The speaker is currently profiting $9.5 million from their Bitcoin and Ethereum trades, with the Bitcoin trade alone being at $8.5 to $8.6 million in profit and the Ethereum trade at nearly $1 million.
What is the speaker's new price target for Bitcoin?
-The speaker's new price target for Bitcoin is $100,000, based on the Fibonacci golden extension at the 1.618 level.
How does the speaker plan to handle their Bitcoin trade in the short term?
-The speaker plans to stay in their long position and might take some profits at $68,000 to $69,000, but they intend to continue holding the trade.
What is the significance of the $69,000 price level for Bitcoin?
-The $69,000 price level is considered psychological resistance for Bitcoin, as it is the previous all-time high price before the halving event.
What does the speaker mean by 'breaking the all-time high in terms of market cap'?
-The speaker refers to Bitcoin's market cap surpassing its previous all-time high due to a few years of Bitcoin mining, even though the price has not yet reached the same level.
What is the speaker's expectation for Bitcoin before the halving event in April?
-The speaker expects Bitcoin to reach at least the previous all-time high before the halving event, which is in mid-April, followed by a significant retracement or washout.
What is the Fibonacci golden extension, and how does it relate to Bitcoin's price target?
-The Fibonacci golden extension is a technical analysis tool that helps identify potential price levels. The speaker uses the 1.618 extension to set a price target of $100,000 for Bitcoin.
What does the speaker suggest about the timing of reaching the $100,000 price target?
-The speaker suggests that Bitcoin could reach the $100,000 price target after the halving event in April, based on historical patterns of Bitcoin's price behavior after breaking previous all-time highs.
What is the speaker's strategy for taking profits?
-The speaker plans to take most of their profits out once Bitcoin reaches the $100,000 price target, which they expect to happen after the halving event and a subsequent price run-up.
How can viewers get the next video with Bitcoin price targets and altcoin picks?
-The speaker encourages viewers to like and repost the video, and if it reaches 8,000 likes, they will include an altcoin section in the next video.
What is the incentive for viewers to register and deposit using the provided link?
-The incentive is a $30,000 bonus for free, which is mentioned in the video description and pin comment.
Outlines
📈 Bitcoin's Wild Ride and Profits
The speaker discusses the current Bitcoin price craze, revealing a profit of $9.5 million from trading Bitcoin and Ethereum. They express their intention to share a new price target for Bitcoin and discuss their strategy for taking profits. The speaker also mentions that Bitcoin has already broken its all-time high in terms of market cap, despite the price being slightly lower. They highlight the psychological resistance level at $69,000 and suggest caution against high leverage positions. The speaker is optimistic about Bitcoin reaching $100,000, especially after the upcoming halving event in April.
🚀 Future Predictions and Trading Strategies
The speaker continues with their Bitcoin trade, having made a significant profit and plans to stay in the trade with potential profit-taking at $68,000 to $69,000. They discuss the Fibonacci golden extension and predict that Bitcoin could reach $100,000 after the halving event. The speaker also mentions a significant retracement and washout expected before mid-April. They encourage viewers to like and repost the video for a chance to see an altcoin section in the next video and to claim a $30,000 bonus by following a link provided in the video description.
Mindmap
Keywords
💡Bitcoin
💡Ethereum
💡Profit
💡Price Target
💡Altcoins
💡Market Cap
💡Psychological Resistance
💡Fibonacci Golden Extension
💡Bitcoin Halving
💡Retracement
💡Trading Strategy
Highlights
Bitcoin price update and current profit status
Bitcoin and Ethereum trade profits total $9.5 million
New price target for Bitcoin to be revealed
Engagement incentive: Show face in next video if this video gets 8,000 likes
Bitcoin trade is at $8.5-$8.6 million in profit
Ethereum trade is at nearly $1 million in profit
Discussion on when to take profits
Bitcoin has broken all-time high in market cap, not just price
Psychological resistance for Bitcoin price is around $69,000
Advice against high leverage long positions
Previous all-time high broken in the last cycle and subsequent price movements
Fibonacci golden extension target of $100,000 for Bitcoin
Expectation of Bitcoin halving event in April
Prediction of a significant retracement before mid-April
Anticipation of Bitcoin reaching $100,000 after the halving
Link provided for trading Bitcoin with a $30,000 bonus
Request for likes and comments for future content
