Bitcoin: More Dump Incoming.... Don't Miss This Trade

Welcome to another video to everyone that joined the masterclass on Saturday. Drop a comment down below if you found the masterclass valuable. Now, the funny thing is that the masterclass was originally scheduled to be like, I was thinking maybe two, two and a half hours, but we ended up going for six hours. So that's a bit of a surprise. But I'm sure you guys don't mind. Now, over the next couple of days, like our team is already working on getting out some sort of edited recording so that you get to skip out all of the pauses and just all of the breaks and whatever. That's just not a pleasant viewing experience. And also to everyone that signed up to the masterclass, you will receive an email with all of the slides included as well. So just watch your email over the next couple of days. But for now, it's time to get back into regular scheduled programming. We're going to talk about bitcoin, we're going to talk about the longer term kind of picture, and of course we're going to get into the intraday setup for bitcoin. So kicking things off on the weekly chart, we have to start here. We finally got a bullish candle flows. However, the overall, like sentiment is still very bearish. But the beautiful thing is because we got a bullish candle close, it means that the direction, or at least the bias for this week is going to be bullish. And whenever you have a bullish bias, you want to look for any sort of buys underneath the weekly open. So far, we have traded quite a few thousand dollars beneath the weekly open, which means this gives us an opportunity to buy into potentially the low of the week before we get some sort of expansion to the upside. This is a concept known as power of three. And if you don't understand this concept, don't worry, I'm going to break it down in the upcoming days. And this is a concept that we've used time and time again to just kind of predict the high of the week. I've done this multiple times now throughout well over the course of the last 300 days that I've been making like these public videos. But otherwise don't be surprised if today and tomorrow ends up dumping. But then ultimately, like we can look for some sort of a upwards movement for bitcoin, at least on the weekly perspective. The only thing that I would be careful of is the fact that we have this further gap over here, which means that in the event that, you know, the weekly price gets into this favor gap, it's not going to be Surprising if we ended up getting rejected from this further gap to form new lows on bitcoin. Because overall, if you take a look at least just within this swing here, you've already gotten cisd. And so until you reclaim this ver gap and start, you know, printing more bullish candle closes, you're not going to be fully in the green yet. So to any one of you that are looking to buy the dip, I wouldn't recommend it just yet. However, at the very least, you wouldn't be looking to buy this from a swing trading perspective. Now, the positive side of things is the fact that at the moment we are still trading within this per gap. We are not really closing beneath this weekly bullish fairy gap. If you guys remember my videos from like a couple of months ago or actually like three months ago, I was talking about like, okay, if we get into this fair value gap, then we could potentially look for price to hold at this fair value gap and that will be like the new bottom. Now, so far this is still just an opinion from our side. So until the market actually gives you confirmation, you are not good to go yet. But if you understand what you're doing on a risk management perspective and if you are diligent with your stop loss, just putting a stop under here, this is actually, statistically speaking, not a bad place to get into a swing trade because the risk reward is going to be in your favor. And well, if you catch the bottom here, then the next time like bitcoin makes a run to like $150,000 or whatever, you're going to be able to take advantage of that. Just understand that in terms of the overall, like, higher time frame, yes, like the last few weeks have been incredibly bearish and that's gotten a lot of people to doubt that, you know, the, the bull market's over and it could very well be. But at the same time, I just want you to take a look at market structure. But there is no reason yet to really panic because on the grand scheme of things, in terms of the macro market structure, you're still very much intact. For now, we're still going to be looking for buys. And I know that there is an argument for this being bearish, but still, when the opportunity presents itself and as long as the market gives you confirmation, then yeah, trade what the market's telling you. So that's the overall breakdown for the weekly chart at the moment. Let's get into the daily chart. Oh, and by the way, now that I'm thinking about this, if you guys haven't gotten trading View yet. Um, the Black Friday Cyber Monday discount for Trading View is the biggest one throughout the year. Like, this is the cheapest that you're going to get. Trading View. If you're serious about trading and you haven't gotten TradingView yet, like, what are you doing? You've got like a few hours left until this Cyber Monday discount ends. So if you are still on the fence, like just pull the trigger. Like, if you are serious about trading, it is time for you to invest into the tools that is required to make this work. Now, if you'd like an extra 15 off on top of that, feel free to use my, you know, referral link. I'll put it down below. Now, I'm only putting it out there, not trying to shill tradingview or whatever, but this is genuinely a tool that you're going to use and you may as well an extra $15 off on top of that if you'd like. But otherwise, going down into the daily chart, so far we have a bearish bias. You take a look here, basically bearish bias, but that is the bearish bias from Saturday and Sunday. But either way, so far it's looking pretty bearish. So let's try to break it down on the lower time frame to see if we can potentially find a long entry today. But most likely today the signal, or at least the trade for today, is most likely going to lean towards the short side. Because just because we are bullish on the weekly chart, don't forget what I mentioned earlier. It's not a surprise if Monday and Tuesday ends up dumping before we find some sort of a bottom at the end of Tuesday, potentially Wednesday, and then you get the true move up to determine if that is going to be the case, though, it's important that we take a look at news because news events are what's going to be the catalyst that determines if this like, like if this scenario is going to have a high likelihood or not. And taking a look at news, we have Wednesday, we have 10am news. Today, of course we have 10am News. And lastly we have Friday with a bunch of news. This plays more into the narrative that, you know, Monday, Tuesday could just be kind of like a set. And then Wednesday is when you get the true move and price starts heading higher. Again, all of this is just theory so far. Like at the end of the day, it doesn't matter what the opinion is or what the idea is, we're still going to be trading what the market is showing us. And so far the Market is showing us, at least for today, on an intraday basis. It is looking towards the downside. So we are going to trade according to what the market's trying to tell us. Now going down into the one hourly chart we can immediately see that. Oh, another thing that I should point out on the daily chart is that the overall order flow is looking really bearish. Like we still, if you guys remember from last week, like last Friday or Thursday, I did mention that both of these blocks needs to get traded above before we can, you know, realistically start saying, okay, we're now forming higher highs and higher lows and the order flow is potentially changing on the daily chart and we are going to start to go long. That hasn't happened yet. If anything it's gotten rejected from that order block. So yeah, this is just further confirmation of like sure, it's fun to have an idea but at the end of the day you still need to trade what the market is telling you. And if you guys recall from last week we mentioned that the order flow was still bearish and nothing's changed yet. And so we continue to remain patient until that signal changes and then we can get in. It's never too late. Then secondly, we have had a very aggressive down move today. This is clearly changes day of delivery and the daily bias is bearish. So we are going to be looking for shorts. Now when it comes to shorts, I don't expect price to really bump up above this fevity gap. In the event that you do, then that completely invalidates the short idea. In fact, if you are able to trade above this fertility gap today is going to be amazing news because that means your like price is going to go higher. But as for now like this further gap remains the first key level that we're going to want to look for for price to get rejected from for us to get some sort of short. The second key level is going to be right here on the one hour chart with this bearish order block starting from 86,000, well 87,000 basically. And the start of the February gap is at 87,700. So in the event that price gets into either one of these key levels today, in between the hours of like 8:30am to 10:00am, that's when we're going to start looking for some sort of entry. And that entry is going to come in the form of a five minute change in state of delivery. And of course I'm going to go into the five minute to showcase this. But for now these are the two key levels. Feel free to set an alert. Now next up we go into the five minute chart. You can see so far that this remains to be the Asia high. So this adds further confluence to this one hourly favority gap. In the event that you sweep this out, you're going to sweep out the Asia high on a bearish daily bias. This is like one of the textbook setups that we've traded time and time again to just make easy money. So in the event that this happens this is going to be the ideal setup. But you can still get rejected from this one hourly order block here and just start going towards the downside. Now the signal that you're going to want to look for is a 5 minute changes there delivery because so far this is in bullish order flow. You cannot start trading short into a bullish order flow. So at the very minimum, potentially, maybe when you watch this video, if you guys didn't like that, where you get exchange state of delivery, you can start trading it towards the downside. To everyone that has watched the masterclass, you will know how to, you know, identify these. To those of you who weren't able to join the masterclass, don't worry, we're going to be sending the recording as well as the slides to you over the upcoming couple of days. So at that point you're going to be able to break down the system yourself. But just understand that even if price ends up coming all the way here, all you're going to be looking for is a five minute change to state delivery at 8:30 to 10:00am Why 8:30 to 10:00am because today we have news. Which makes Monday, well, which makes today, this Monday a very rare instance of a day where you can trade on Monday because you have news. This doesn't happen often. In fact it only happens once a month. But as long as there is news, it means that the probability of the day playing out is going to be much higher. And when it comes to news, the ideal trading window is an hour before news to an hour after News. I'm adding 8:30 in there just because it's kind of like a hotspot timing where things happen. But so anywhere between 8:30 to 10:00am, as long as all of these other price action variables check out, then you will have a combination or like a confluence of price and time. And when both of those are in place, like that's when you get an opportunity to get an A trade. As usual, I will be calling this trade live on X. So feel free to follow me there if you'd like. But one thing to keep in mind if you would like to just live trade alongside with me as well as get access to this complete system that you've seen over the last 300 days where I got an 80% win rate with. If you'd like to learn that for yourself right now, you have the opportunity to get it at one tenth of the usual price. Click the first link in the description box below if you would like to find out more. But. And this offer will end in two weeks. But otherwise it's time to get into an analysis on Ethereum, starting things off on the weekly chart. It's pretty much the same story with Bitcoin bullish weekly bias. So we wouldn't be surprised if some sort of a low of the week gets formed between today and tomorrow, potentially Wednesday. Daily bias is going to be bearish as well. And taking a look at the chart is exactly the same like that is going to be the further gap that you have. And the interesting thing about Ethereum is that you have a weak high, which means this adds again more confluence to like the Asia high being swept out into that favorite gap at 2870 for price dumps. Now, in terms of the one hourly timeframe, we are currently trading inside a bearish order block at the moment. So if Ethereum just starts dumping from this point onwards, feel free to just momentum trade this towards the downside. Ultimately like we trade with the trend and so far the trend for today is bearish. So is straight what the market is trying to tell us. Now Solana is looking considerably weaker compared to Ethereum and Bitcoin. But so far you have a bearish daily bias in terms of the weekly bias. You are bullish, but still coming down into the one hourly chart, you are going to look for some sort of rejection from this fairy gap as well. And it's at the end of the day like these are all the exact same charts, so the setup is going to be the same. My only advice to you is not to open a position at the same time on any sort of crypto, because ultimately if Bitcoin starts dumping, everything's going to dump, which makes all of these charts like that means that they have very high correlation. So if you end up taking, let's say 1% risk on Solana, 1% risk on Ethereum, 1% risk on Bitcoin, you think that you are diversifying your trades, but in reality you're taking the same trade three times. And so in the event that you lose, you're going to lose three times the money. Sure, if you win, you're going to make three times the money, but that's also not a guarantee because sometimes when bitcoin pumps altcoins just stay chopping around doing whatever. But anyways, guys, I am still in the process of, like, recovering from the masterclass. I genuinely hope that I have been able to deliver on my promise that this is not going to be one of those free webinars where that's just all that, like, it's just all fluff and no value. The fact that it ran for six hours, it's already a testament. But even outside of this, you know, runtime, I'm pretty sure I've broken down a lot of alpha. I'm pretty sure I've broken down the system and shared a lot of alpha to all of you. Just understand that I do not take you for granted. Like the fact that there were 500 people the entire six hours just there. Like you could fill a big hole with that amount of people. And, and I hope that I've made your time spent in the masterclass worth it. And to those that didn't attend, don't worry, recording is going to come soon. And if you like my trading system, and if you've seen what this was able to do over the last 300 days where every trade was publicly documented and I have an 80% win rate, click the first thing below. Like, like, this is the most valuable offer that I have ever done in the last five years of running. Aoc. Again, offer closes in two weeks. By otherwise, I'll see you guys in tomorrow's video. Ciao, ciao.