Bitcoin: $100k By Today

What's up, everyone? Yesterday we talked about how this fair value gap was going to be the level that we want to look for, for Price to return back into and then to ultimately take out this previous high right here as well as yesterday's, or rather the daily high of two days ago. And this has played out to absolute perfection, guys, today, continuation setup, super obvious. Target's going to be right here at the previous daily high. In fact, that's not the previous daily high, that's last Friday's high. And once you take that out, everything else is, you know, anything can happen. So definitely, if you do take this trade here, then take your profit here, and then watch what the market gives you. Chances are this target is going to be hit before 2pm and yesterday we also talked about how the news was at a certain time, in this case it was at 2pm and to expect some volatility during that time. And take a look at what happened here. Price fills in the fairly gap at exactly what time it is 2pm I'm telling you guys, this is not a coincidence. Everything in the market has rhyme and reason to it. The sooner you can learn to understand what's going on in these markets and reason why price moves the way it does, which is something that I discuss a lot in this channel. Not to say that I figured the whole thing out, but still, rhyme and reason. Once you figure this stuff out, you'll know that nothing happens without reason, nothing is random. And in this case, this was an absolutely clean Newsday where liquidity was engineered right under London. Price eventually sweeps out the Asia lows, fills in the February gap, exactly the scenario that we talked about yesterday. And then, boom, off to the target you go. And speaking about these skills and how to read the market and how to, you know, understand the rhyme and reason behind why the market moves the way it does, I'm about to host a free masterclass in two days teaching you exactly that. This is not going to be one of those, you know, quote unquote, free, you know, webinars where I spend half the time trying to sell you something. This is actually just going to be straight up value. That's no fluff, no bs. If you want to sign up, make sure you do so here. One quick note. If you're trying to sign up and Zoom doesn't let you do it, then it probably means that you need to log into your Zoom account. Once you do that, you'll be able to log in and then all of the information will be added to your calendar. So that you'll be reminded when the masterclass is going live again. Two days left until we start this masterclass. Don't miss it. It's going to be very, very valuable. Anyways, going back onto the chart. Well, actually, before we go onto the chart, so yesterday we were sitting at a win rate of 49 out of 61, which puts our win rate above 80. 80% actually. And with yesterday's win, I think we are going to go onto 50 out of 62 and that comfortably puts us above a 80% win rate. So if you're new to this channel so far, just know that you are in the right place. Basically, in the last three months on my public calls, basically everything on YouTube, we have a 82 on like 81% win rate. And I will continue to try my best to maintain this win rate. One thing to discuss before we move on to today's is that I will take full accountability of the fact that I was calling for the Asia Low to be swept during London. But what I failed to do, as I usually do, is to discuss about, you know, scenarios. Yesterday we talked about a potential bearish scenario, but I did not give you guys other scenarios in terms of bullish scenarios, which I am very sorry for. Like, ultimately I can make predictions, but it's not necessarily going to come true. And what I should do better instead moving forward is to actually give you guys multiple scenarios, both on the bullish side and both on the bear side so that you guys can take advantage of everything. Now, what ended up happening yesterday instead was that London and New York failed to sweep the Asia lows and fill in the fabric gap, which was the trigger that was needed in order for Price to go there. And basically this entire move here was just engineering liquidity. For ultimately, after the New York lunch hour, we came down all the way down to sweep out the Asia lows, fill in the further gap and off you go. The move was actually completed today during the Asia session. And now that that is out of the way, let's move on to the daily chart because we always want to be starting out on the higher time frame and then going down to the lower time frame. The problem comes when you start on the lower time frame. You get confused in terms of all the noise, you get confused by all of the noise and you start, you know, trading in the wrong direction of the trend. And speaking about the trend, one thing to understand is that on the higher time frame, your trend is currently very bullish. Just taking a look at everything here in terms of order Flow, you have broken through bullish order flow. And right now bullish order flow is holding so strongly that even I was wrong because at some point I was calling for this block to actually get traded below. Now it did get traded below, but like it didn't get close below. And ultimately price gave a really strong reaction at that bullish order block. And currently this is now your new bullish order block. Essentially, we're in bullish order flow. And so right now, if you take one thing away from this video is to understand that the move is not over. And if you have any retracements, right, buy the dip. These are going to be buy the dip opportunities. Same thing for lesser day. We were looking for buy the dip opportunities. How do I know this? It's due to reading order flow. Now this is more than just market structure because if you want to take a look at market structure, well, tell you what, you would have had a really, really tough, you know, three months because so far market structure, you know, it's actually really bullish, which means that you're out this entire portion here. You would actually be looking to buy the dip. Well, guess what would have happened if you tried to buy the dip. It will have turned into a dip that keeps on dipping, which is not what you want when it comes to making money. But when you start reading order flow, that is when you get a inside glimpse into, you know, what the market makers are actually doing and how is price being delivered. And this right now, we are in bullish order flow. So this is a really good sign for the bulls. And I expect this move to continue going to the upside. Now this brings me on to the second thing on the daily chart. Now that understand the overall trend and the overall bullish order flow is that yesterday's candle closed pretty bullish. In fact, today's candle is well, very likely going to close pretty bullish. And so today setup for today we perhaps we have already missed it. But all in all, like tldr, today's setup is just going to be continuation just now during the London session. Right now as I'm as of the time that I'm recording this, it is about to be 5am New York. Just now at 3am New York, we got a break above these two down close candles here, which validates this as a valid bullish order block. Which means that later on during the New York session, if you retrace back into here, this is going to give you a easy 2R opportunity. Now I wouldn't recommend, you know, going more than 2R at the moment just because of how volatile today has already been. Now, an alternative setup, right, that one right there was a continuation plate following the order block. But right here you have another fav gap as well as over here. Now, both of these fav gaps have been formed today, which means that if you were to retrace into either one of these, these can also be valid setups. Although I wouldn't expect Price to actually retrace back all the way down to this lower F gap today because that would be kind of, you know, counterintuitive and kind of contradictory to our bullish continuation setup. I want you to picture this right? If you were to retrace into this fairly gap, if you actually start bouncing right away, it would still be all right in terms of, you know, order flow, because things, the bearish order flow kind of gets, you know, disrespected. But the problem comes when you start breaking through this bullish order block right here, get rejected, maybe break below this bearish revenue gap, sorry, bullish revenue gap, get rejected, and then you come all the way down here, and then boom, all of a sudden you have a lot of, you know, bearish autoflow resistance that you need to overcome before you're able to continue the bullish trend. So this is a valuable lesson to any of you who find yourself, you know, drawing way too many PD arrays and get confused on, like, you know, which one's actually valid. This is a very simple way to filter it out. Essentially, it's just thinking a little bit ahead, thinking in terms of scenarios, like, just thinking in terms of scenarios, right? Like, if Price were to come all the way down here, it would kind of invalidate the, you know, very immediate short term bullish scenario. And so kaboom. Right now there are two, you know, areas of interest that we will look for today. One is going to be this bullish order block right here, and the second one would be this fair value gap. Now, the bonus part about this fair value gap is that you will sweep out this low right here, which is actually a weak low. Now, for those of you who do not know what are weak lows and strong lows, ideally you want to be taking trades from strong lows, and you do not want to be taking trades ideally from weak lows. Weak lows are lows that have not yet swept liquidity, and weak highs are highs that has not yet swept liquidity. Just to give you an idea, this right here is a weak high because this has not yet swept this liquidity. And so ultimately it gets taken out. And a strong low would be something like this, where you have swept out previous liquidity. This low is going to be less likely than this low to get taken out because this low is a weak low. This is part of the reason why I was calling, like explicitly calling for a sweep of this low yesterday. Fitting in the favorite gap, right? This was a weak low. I know I didn't like explicitly state that it was a week low, but that was the setup. So same thing here. This is your week low. This is your favorite gap. Perhaps if you get a similar entry today, this is going to be the play exactly like this right here. And now that we understand what is going on on the bigger picture, it's time to hop onto the lower high frames to see if we can further refine this. And boom, this is absolutely just, you know, textbook Right here you have relative equal lows, which further validates that bullish favorite gap idea. If you take a look here, that is a weak low followed by this one right here. So same exact setup right before a fair bit gap. This one's from yesterday and this one's from today. Now, again, I'm not saying that this is going to, you know, get hit or like these lows will get swept. Again, the first setup to look for is going to be right here. And the conditions that you want to see basically is for this to get filled sometime during. Like, as of right now, it is about to be 5am so it's about to be the end of the London urban kill zone, which means we will look to take trades today at around the New York kill zone and taking a look at news. Because ideally we want to be trading during news or very close to news. 8:30am we have USD unemployment claims, which also means that, you know, anywhere between 7 to 8:30am if you were to retrace back into this area and you start showing signs that you want to go up, then boom, after news, you're probably going to explode towards the upside. Just like what we saw yesterday where, you know, closer to 2pm we fill it in. Price starts to show signs of going up at this point here. That's your change in state of delivery. And then boom. Or time doesn't start pumping. 5pm actually. Wow, that's actually a really, really long kind of like accumulation period. But that's going to be the playbook for today. Now, alternatively, if by the time 8:30 comes around, you have already broken below this low or something, then the setup is going to be right here. And obviously you Will, you know, hold this trade perhaps overnight? Because yesterday's trade, even though I called for this target to be hit, it was not hit until today during the Asia session. In fact, this was hit within one hour of the daily candle opening. And so I cannot predict when the target will be hit. But it may be a smart idea to hold the trade overnight. And of course, like apply your own risk management rules. I don't know what your risk parameters are, I don't know what are your trading rules, but in general, we would just look for continuation to the upside. Now going onto the daily chart, let's see if we can find some targets for today. And I would say that because this previous high right here, this is also a weak high, it is also a swing high on the daily chart, which means that this is a liquidity that can be hit. And so that is going to sit right at around $100,100. So if we take this trade here, extrapolate it out, that's going to give us potentially a 3 hour trade if this plays out perfectly. And by the way, if you've watched until this point so far and you appreciate these analyses done from smart money perspective on crypto, then make sure you subscribe and turn on the bell notification because I'm coming to you every single day with these videos. And remember, Masterclass in two days. Make sure you click the first link in the description box below to sign up. Absolutely for free, guys. And do take advantage of this asap because there were a couple of master classes where we went completely over capacity due to how many people signed up and the people that sign up late couldn't actually get in. 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