Bitcoin: A+ Day Today, Don't Miss This

What's up, boys and girls? Welcome back to another video. Yesterday we played it spot on. Wasn't expecting price to move that volatile, but all three of our profit targets were hit. And so that puts us up to 66079 of all public YouTube analyses since February. And today I'm going to give you guys the update on what next. Because if yesterday was a level two opportunity, if you remember when I talked about yesterday, then today is definitely a level three opportunity in the sense where direction's clear, the bias is going to be clear. The daily chart, the one hourly chart, and the five minute chart are all going to be aligned. So you're definitely going to want to stick around for this video. And to all of you that are new here, just know that we tend to be right more often than we're wrong. After all, we're about 80% accuracy on all of the calls on all of these YouTube videos. And do note that these videos are intraday. I saw a comment like earlier today saying, oh, what happened to all of your shorts last week? I'm like, dude, those shorts were open and closed within the same day. So. So these are intraday we do talk about. I mean like, long term, definitely. Like, the answer is just simple. You know, if we take a look at the weekly chart, you're not only market structure is bullish. You have order flow that is also bullish. We filled in that February gap that we were talking about for two weeks and then after you fill it, you bounced. And right now there is nothing holding bitcoin back from just going all the way to the moon. So just keep that in mind, like long term, whatever you do, just not even, don't even look at shorts right now. I know there are going to be people out there that be like, oh, Bitcoin's at $110,000. I don't believe that Bitcoin should be at $110,000. And so I think this is too expensive. And so I'm going to short it. You know, the one thing you need to realize is that the markets, like the financial market is not a supermarket, right? If you're in a supermarket. But if I go to any sort of cigar shop and like I see a cigar that's usually worth, I say 10 bucks and they're selling it for 30, I'm like, Ah, no way I'm going to buy this, right, because it's too expensive. There is a relative base value that you know that, that whatever item that is has. But if I see that $10 cigar being sold for let's say two bucks. Hell yeah, I'm going to sweep out all the stock. But that doesn't really apply to the financial markets, you know, because like this is not based off of anything. It moves as high as it wants to go, it goes as low as it wants to go. That's why in the bear market, something that is down 90% from the all time highs can go another 90% lower from that point onwards. And how bitcoin, even though, oh, oh, you broke above the previous all time high at 60,000. Oh well, 69, 420. It shouldn't go too much more than that. And yet we're now getting close to going 2x from 69,000. So yeah, guys, as long as momentum, like the lesson here is that as long as the momentum is still pointing towards the upside, as long as market structure, order flow, like basically just trade what the market's trying to tell you. If the market's telling you, if everything in the market is showing you that it's bullish, you continue trading in that direction. Probably the most underrated tip that I could give you as a trader after all, like the most, probably the most overused craze in all of trading is oh, trade with the trend. Oh, the trend is your friend. And it is true. But people just don't really explain why that is. Anyways, yeah, longer time frame, you're definitely still long. Now let's take a look at the intraday stuff. So intraday yesterday we closed really bullish and we closed above this bearish order block right here that I said could potentially be resistance. I was definitely wrong on that part. But this is a good sign that we broke through that resistance level with one candle, clean candle. And that's often what we want to see. Now you can see that price is kind of retracing back into that order block. So what this is called is a breaker block. Basically once you break above it, you can look for it to come back down to flip it from resistance, to flip it into support. So that's what you can look for. And in this case that is definitely going to be the setup for today. Again, the daily bias is bullish. Unfortunately, we do not have news today. Again, news is concentrated on Wednesday, Thursday and Friday. And the reason why we look for news is that oftentimes they're a predictor of volatility. It doesn't tell you where the price is going to go, but at least you know that price is going to move when there is news. So today I cannot, you know, guarantee volatility, but we're just going to play the setup as we see it. So let's see on the daily chart if there's anything we missed. This CISD line here can still be a retracement zone where price could come back to. But at the moment we're going to play today with the breaker block in mind. And so hopping down to the one hourly chart, let's look for any PD arrays that we can see and immediately that's a further gap and, and potentially another fair bit gap down here. So our job on a one hourly chart is done potentially this order block as well. But like that's so low that it's probably not going to be relevant for today. So at the moment price is already within the fairb gap as well as touching into that breaker block. So the moment you see price start showing some kind of willingness to go towards the upside and specifically what you want to look for is for Price to break above or rather close above this level right here at 109450. I've seen the comments that, that you know, want me to read out the price. 109, 450. You want to see a one hourly candle close above this or at least some kind of a five minute movement above this level to signify that, you know, quote unquote willingness of price to go to the upside. Now another thing that is adding up so far with this bullish scenario is the fact that London opened has swept below the Asia low. Now if you guys remember, this is probably one of the two most common ways that the market tends to play out on a day by day basis. Asia is Asia most of the time tends to be accumulation. Now London could either be manipulation or it could break out. And then if you break out, then New York's continuation or if you manipulate, then New York goes the other way. That's called distribution. I'm sure you guys have heard of this setup before. Accumulation, manipulation, trick everyone into thinking that the market is going lower, we're going to go short. Oh, this is a breakdown of support or whatever. And then boom, right? You reverse the market really quickly. We've seen this like over the course of the last four months that I've been making these daily videos, it's happened at least more than half the days, probably even 70% of the days. And it just so happens that today, now the beautiful part about this AMD setup for today is that first of all, daily shot is pointing towards the upside. We're also At a daily PD array right now as well as paired with a one hourly PD array, you're getting that manipulation right into those PD arrays. So right now again, the only thing you want to be looking for like this is not enough to just jump right into the charts right now or just jump right into a long right now. But if you see this, that's going to be the setup for today targeting the current daily high or potentially even higher if you want to. But for the purpose of the call today, in fact I would even say to play it safe because there is no news today, you can take your profit at the Asia highs ideally at the previous daily. Sorry, the current Daily High at 110680. Asia Highs at 110284. On the Binance Perpetual Future chart, depending on the exchange that you're using, feel free to on not feel free like just make sure you double check. In fact, yeah, don't even want to take your profit at the current daily high because there is a liquidity level all the way back here at 110700 and the rest you can definitely take it at 112, basically 112,000. So yeah, the setup is pretty clear today. Although we want to of course explore the possibility that price is going to invalidate this scenario. And that is going to come in the form of price not breaking above this one hourly, you know, order block gear or like not giving that one hourly changes delivery at 194.50. If you do not get this, then yeah, take today could just be Asia accumulation. London breaks down and then New York just kind of like continues lower. Although again the probabilities in this case like it's, it's always good to think about probabilities. Trading is a lot like poker in the sense that even if you have the best hand in the world, you're still not guaranteed to win. Right. It's just that you're likely to win right now. The conditions add up to where like today's going to be a day where my system is going to be traded. So things are stars aligning in that. But there is of course so always going to be the chance that it gets invalidated. But if it does get invalidated, I just want to make it clear that if price starts going bearish right now, I'm not going to be taking a short because in this case right here, the daily chart is pointing long. The one hourly chart is also pointing long and at the moment the 5 minute chart is the only one that's kind of like pointing short at the moment purely based off of current order flow. Right. Once the price breaks above this level, then that's all going to change. And essentially the reason why I'm not going to take short. Right. Just following my system here. It's so important that you have a system and you have a set of rules for yourself. My rule is that I only trade when the time frames are aligned, meaning all three time frames are pointing in the same direction. If I do not get even just one of them, which is like yesterday. Hence why I recommended going half risk if I don't get one of them or in this case if I don't get two of them. Yeah, you best believe I am not going to be taking any trades because yeah, sure, lower time frame is pointing short. Fair enough. But again, the best trades that I found that I've been taking with my system, the ones that are the real money makers, the real, can't really remember the term actually. Haymakers, rainmakers. No, I'm not going to try anymore. Yeah, that's where the big trades come. And ultimately you got to remember like the role or rather the job of us traders is that we're ultimately paid on the quality of the decisions that we make. It's a bit of a tongue twister and not on the quantity of decisions. I'm not looking to take a bunch of trades. I'm looking to take a few good trades every month that where I can risk, you know, 1, 2 or even 3% of my account and mind you like, to someone that that is not yet, you know, if you don't have a lot of capital at the moment, you may feel like, oh, just taking like let's say five trades a month or like eight trades a month with just two or three hours may not be enough to grow your, you know, capital. It's not going to be enough to give to make you a meaningful living. And that's fair. I completely understand where you're coming from. And yet that's why you know, there exists prop firms and that's why prop firms are also the, the way that I would recommend most people like start their first step into trading. Right. A lot of the times you learn trading, you can get really good at it. But if you do not have the capital to where if you make 5, 10, 20% a month, 20% a month is pretty unreasonable. But if you can make like 5, 10% a month, but you don't have enough capital to your name, then guess what, you're probably going to quit trading. Because, well, it's just not meaningful. But if you get funded by a prop firm for like 100, $200,000, all of a sudden 5, 10% a month means you're making 5 between 5 20k a month. And that makes a big difference. That changes lives, that gives you the ability to do much more than you could before. And that is also the reason why that is the exact mechanism that I help people with inside Bootcamp which is kind of like where we work together one on one. Yes. Me you work together to get you from zero or from where you are to funded ideally for 100k to 200k within 60 days. Now currently we have one spot remaining in the next intake. Yeah, that's right. We don't even know when the next intake is going to be yet and it's already sold out except for one spot. So if you're interested, just a light little pitch since you watch until this point in the video so far to click the first link in the description box below to to check it out and potentially book a call. But if it's not relevant to you, don't worry about it. But yeah, at the moment the short scenario is just going to be this one already order block. Like basically Asia accumulation, London breaks out and then New York continuation. And the target in this instance is going to be tough to say but I'll probably set the target at this fer gap on the one hourly chart right now. But again the fact that we're setting a target at a further gap means that this is probably not a worth worthwhile trade to be taking at108,230. So yeah, again like feel free to trade a short if you are a scalper or if you're a, you know, low time frame trader and you don't really need too much of the higher time frame analysis to, you know, play a role in your trading. For me, I'm trading on the daily one hour lift five minutes. So I do need the daily bias to be aligned with whatever trades I do take. But if you're let's say trading on the four hourly time frame as your higher time frame or maybe you're using the one hourly time frame as your higher time frame and then your execution time frame is the 1 minute then yeah, 20 totally like look for the signs right now the condition is super clear. If you break above here then it's just an easy long. If you don't then yeah, I'm just going to sit out for today. So yeah, if you enjoy these analyses based on the smart money perspective on crypto. Feel free to subscribe because I'm posting daily videos every day and we tend to be right. One of them, they were wrong. So, yeah, going to get back to my cigar. It's a beautiful rainy day. Oh man, I cannot tell you how much I've needed this rainy day. Past few days was so hot, it was crazy. I was almost on the verge of getting skin issues. But yeah, just going to go back to enjoying the cigar and potentially taking a few trades because today is, for example, GU and eu. Not so much eu, but mainly gu. It's playing out, giving some good moves as well as some other crypto coins. But yeah, they're looking at forex. So yeah, guys, catch you in the next one. Ciao.