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Timestamps:
0:00 Intro
0:31 Weekly Chart
0:58 Bullish Divergence
1:25 Stochastic RSI
1:34 Pressure Cooker
2:45 Stochastic RSI Cross
3:05 48k
4:26 Pivot High
7:30 A year later
7:44 MACD Cross
8:50 Total Market Cap
9:05 753 Billion
10:50 20 Level
11:49 Start of the Bull Run
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Bitcoin Pressure Cooker Just BURST – Here’s What You Need To Know
#bitcoin
Bitcoin's pressure cooker has officially Burst I'm about to tell you exactly what You need to know and it may surprise you What I'm about to say welcome in if You're new my name is Steve hit that Subscribe button let's jump straight Into the video we're going to cover a Lot of very important charts there's a Lot of happening in the crypto space There's a lot of excitement and there's A lot of questions that you have right Now that I'm about to address okay we're Going to start with the weekly chart Right here we're also going to jump into This chart right here which is really Phenomenal it's a two-week chart and Then we're going to jump into the Monthly chart there's a lot happening There as well and we may cover three Bonus charts also at the end of the Video I'm gonna need your advice so stay Tuned for that I really need your advice Now on the weekly chart what we've been Covering for quite a while is this Bullish Divergence we we said you know You could say a lot of things about the Charts but you can't deny the facts on This channel we cover straight facts and There was bullish Divergence that was Forming and we were in a pressure cooker At the same time that we had this Bullish Divergence price made a low and Then a lower low and the indicators made A low and a higher low the macd a low
And a higher low the stochastic RSI a Low and a higher low and a higher low That's bullish Divergence there was no Way around it we had bullish Divergence But at the same time we had a pressure Cooker this red line right here was this Downtrending line for two years acting As resistance in the RSI so literally For two years we've been getting Rejected here back in 2021 the rejection Here rejection here rejection here most Recently getting rejected on Halloween And we were in this pressure cooker we Had bullish Divergence forming at the Same time of getting this rejection from Two-year line here something had to give We talked a lot about how this bullish Divergence was powerful but how this Line was powerful now If you remember if you follow our Channel back here at the end of November We had a weekly stochastic RSI cross These don't happen often right the the Previous one was way back in July right So about six months earlier and the one Before that was in January of 2022 so And then again in July here so literally Every six months we have a stochastic RSI cross this shifts our momentum right So we covered it right here and we said Look based on the facts and the charts The last time six months earlier we had The stochastic RSI cross we had a very Nice rally right a rally from around 18K
All the way up to 25k make no mistake About it these are the facts in the Charts and we just we just cover the Facts in the charts right time before That six months earlier we rallied from About 33k up to 48k so huge rally there And then the one before that six months Earlier was even a bigger rally so we Said we just had a stochastic RSI cross We're not calling that it's a hundred Percent certainty we're going to have a Rally but based on the facts based on The previous three times just keep an Eye out for this and at the same time we Started forming this bullish Divergence And the same time we were in the Pressure cooker now when we were in the Pressure cooker and we had this bullish Divergence we said right here on this Channel don't be surprised if Bitcoin Could rally all the way back to this red Line why because this red line has Played a critical role in every single Bear Market that's ever occurred in Bitcoin's history case in point here is The coveted crash Red Line support here Is the 2018 crash red line here is the 2015 crash Red Line red line so this red Line is incredibly important it was our Support for years and years and years And now it's our resistance and more Than likely Bitcoin is eventually going To test this resistance and will really Tell how our strength is looking at that
Point right so right now we are not Close to the red line right Right now basically what we've done is This Halloween recent pivot High we're At resistance at this recent Halloween Pivot high right there's no concern There but these are just the facts in The charts right the red line is Currently up around this right under 25k Right so is it out of the question for Bitcoin to Rally up to 25k absolutely Not uh that would be expected over the Next handful of weeks right that would Be expected it's really the key is going To be how we play with this red line Right now it's resistance there's no way To deny that these are the facts in the Charts it's resistance right now and We've got to turn it into our support And that's going to take a little bit of Muscle and we'll look at some further Evidence in the charts to discuss how This is looking but right now you may be Asking yourself okay Bitcoin is rising In price you know back here when we had The stochastic across I cross we are at Thousand and we said repeatedly when We're at sixteen thousand and seventeen Thousand and you know all of these Numbers that we were down we were down There for months we said it's more risky To be out of Bitcoin than to be in Bitcoin but a lot a lot of people wanted To be stubborn and they were waiting for
Seven thousand or eight thousand or Whatever the number may be and they're Still waiting right they may be waiting For the rest of their life a time will Tell but the point is when we mentioned That it's more risky to be out this is Why you may be wondering hey should I Buy now is it is it too late to buy Should I jump in at with this rally you Know is the bear Market over let's break These questions down because the bear Market is not officially over but we do Have some really cool things happening In the charts this is the two-week Stochastic RSI right we were just on the One week chart covering this cross here And now we're on the two week chart are Let's have easy even less false signals And our momentum is strong to the upside It's strong to the upside as we speak so Keep in mind momentum is key in Bitcoin Especially when you're trying to turn a Corner in a bear market now we go on the Monthly chart Keep in mind right here in this channel A year ago we were calling for a mega Crash right and this was laughable at The time a lot of people laughed at it a Lot of people that were a part of the Herd were like Steve there's no way There's literally no way we're going to Have a mega crash in 2022 it's not Possible we're about to Rally to a new All-time high and we are usually always
On the other side of the fence just Covering the facts plain and simple we Said we're preparing for a mega crash But before we do there's going to be a Big fake out rally we rallied from this 33k up to this 48k which we covered Right here on this channel well before It happened just to prepare everybody For this fake out rally not to get too Excited and here we are a year later and We've been repeatedly saying that pay Attention the bottom could very well be In according to the facts in this chart There was one thing I wanted for Christmas it was a macd cross on the 12th day why because every single bear Market Bitcoin has ever had we had this Beautiful macd cross right when the Bottom was already in 2015 beautiful Macd cross when the bottom was already In 2019 beautiful macd cross when the Bottom is in there's never been a false Signal with this after the covet crash Beautiful macd cross when the bottom was Already in and we said repeatedly hey we Just had a macd cross the bottom could Very well be in and it was laughable When we first said it you know a lot of People in the herd really didn't like it But we're just going based on the facts It really wasn't popular a year ago when We called that there was going to be a Mega crash in 2022. it was really Laughable at the time when we said that
But we just stick to the facts that's Probably why you just subscribed to our Channel because we just covered the Facts and you like the facts and I like The facts so hit that subscribe button But make no mistake macd cross looking Very strong okay the next one is this Chart right here this is the total Market cap so not just Bitcoin not any Altcoin this is all altcoins all Bitcoin Everything we had one bottom here we had The second bottom here and we're showing Support at this level of about 753 billion in the market cap you can See that that was our pivot High here And we're holding that as support and Meanwhile right now this candle has not Closed yet but this is a bullish Engulfing candle so more further Evidence that the bottom could very well Be in and again we projected we've been Following this chart for a few months we Said that it's more than likely going to Turn green in January which it did and It's only turned green ever in bitcoin's History when the bottom was already in Plain and simple the bottom could still Very well be in we don't have enough Evidence to suggest one way or another Yet but I mean a guarantee we can Suggest that the bottom is in based on All of the facts I just showed you and Again it will still be laughable people Will still argue it and they may argue
It for many months to come but we're not Changing our tune because of the facts In the charts now back to what we were Just discussing with this monthly chart With the stochastic RSI we've got some Major developments May major Developments and then I'm going to ask For your opinion I need your advice on Something a little bit later in the Video we're going to get to that in a Moment but look at this this is very Very very important What we've seen in the stochastic RSI is Major action on the monthly right we've Been down and out on the stochastic RSI Now why am i showing you the stochastic RSI everybody who follows me knows very Well when is the bear Market over when The stochastic RSI gets Above This level Why because if you look left look left Last bear Market once the stochastic RSI Got his head about this 20 Level the the Bear Market was over uh rewind to the Previous cycle 2014 2015 once the Stochastic OSI got Above This level the Bear Market was over it was officially Over why do I tell you that well we're Looking very healthy right We're looking very healthy keep in mind This hasn't closed yet we're still very Far away from saying that the bear Market is officially over there's no Facts in the charts that say the bear Market is over yet there's no facts in
The charts that are saying that the Bull Run has started yet so let's not get Carried away let's not get too excited On the way up let's not get too excited On the way down the big picture is Bitcoin has turned a corner it looks Like that the bottom is in and it looks Like Bitcoin is turning a nice corner to Start to round out the rest of this bear Market and over the next one to four Months we we may transition into the Start of the bull run but we've got to Be patient and we have to remain Level-headed and look at only the facts Not use our emotional opinion what Advice would I give to somebody that's Like you know what I've been watching Steve I didn't believe this bearish Diverge it's bullish Divergence would Play out I thought we were gonna plummet Down to 7K or 5K where I can buy more Cheap Bitcoin and what should I do now Should I buy now It comes down to two things are you in Crypto for fast money which a lot of People are if you're in crypto for fast Money you're going to get burned Repeatedly with your case in point right Now if you're in Bitcoin long term you Should have bought at 16k 17K 18K 19k or Right now if you're in Bitcoin long term Long term meaning at least five years You can close your eyes and buy now You'll still look like a superhero right
This is not Financial advice I'm just Stating facts but quick money is where Everybody gets in trouble because of Greed and emotion is a money killer and Plain and simple Bitcoin is still Looking very very nice we're still in a Bear Market we're not officially out of The bear market so if you buy anywhere In a bear Market you're gonna look Really really good five years from now So that's still the case all right so Now I want to get to a couple pieces We'll just round out the evidence here In the charts that bitcoin's momentum is Heading to the upside there's no way Around it we're still really far from Turning the corner getting out of the Bear Market but we're looking very good Now I need your advice I need your Advice I know you have good ideas and I Value your opinion and this is what I'm Going to say I love podcasts I listen to a lot of Podcasts every single podcast they have Uh some of them are very famous and they Have their own personal brand or their Own product but they're always promoting Somebody else and every single podcast They say you know today's episode is Sponsored by blah blah blah today's Sponsor is blah blah blah And it's always somebody else and they Always have to promote somebody else and If you look at the YouTube space the the
Most famous YouTubers in the world I'm Not talking about crypto I'm talking About everybody There's always a sponsor there's always An ad that they have they're paid to say Now why does this happen because you get A lot more money from the sponsored Stuff now than your own personal brand a Lot of these podcasters and famous YouTubers have products have personal Brands have whatever they have but They're still promoting somebody else so My question to you is I've never Promoted anybody else I've never taken That money and never felt right to me it Felt like a little bit dishonest even if I used the product or whatever you're Just giving a lot all these guidelines Like you have to promote it this many Times you have to say this and you have To promote it like this and even when Some of it's not true and I just I just Can't stand behind it so my question to You is Should I change my tune I mean literally Everybody else is doing paid stuff the Top podcasters in the world the top YouTube people in the world I'm not Talking about crypto I'm talking about On planet Earth Okay so I know there's a lot more money If I take these paid things these Sponsored things but I just it doesn't Sit right with me I really believe in in
Honesty And being genuine but I know that if I Took that money then my business would Do a lot better and I could take care of My employees more than I am now But it just I don't know it just doesn't Feel right so my that's one that's the First question to you I'm really gonna Look at the comments and try to get your Perspective what do you think I should Do the second question is These podcasters these YouTubers are Doing uh sponsored ads in every single Video literally every single video and I Try like hell not to do that in fact uh We usually have three or four sales per Year and I talk about my courses once Per quarter and the rest of the time I Don't And should I talk about my courses more My courses are actually helping people They're actually changing lives and this Is a cold heart fact this is there's not It's not up for debate it's not up for Debate my courses are actually causing People to make much more winning trades And have a lot less stress and really uh Develop a powerful mindset and strategy For the future and I read the comments And that's one of the biggest knocks on Me as I talk about my courses too much And I'm like really there's 52 weeks in The year we have a sale for about four Weeks a year so for 48 weeks a year I
Don't have a sale and I'm not talking About the courses but meanwhile the Podcasters and every YouTuber is talking About a paid ad in every single video so I don't know these are my two questions I want your honest opinion for me I just Care about honesty and just keeping it Real and you know I say a lot of things That You know it causes a lot of controversy Like a year ago when we called for a Mega crash and these past months when I Said the bottom could very well be in It's usually quite controversial I'm Usually always on the other side of the Fence but I believe in honesty that's Why I told my son Santa doesn't exist You know he's three years old but he Really appreciated I really told him I Want to build a relationship based on Trust I will not lie to you for any Reason I don't care I looked up the stat 85 percent of Americans that have a Three or four year old Lie to them and tell them that Santa is Real and I just can't stand behind it so I don't know I want your honest opinion On those two questions you know question Number one should I take these sponsored Ads they sponsor money and question Number two should I talk about my Courses more this thing that actually Helps people the sponsored stuff it Probably won't help a lot of people
It'll hurt it'll help my pockets uh But I can't stand behind it I can stand Behind my courses because they're Unequivocally one million percent My courses help people plain and simple So I don't know give me your honest take I'm really going to take some time to Read every single comment and make some Sound decisions For this channel for the future peace And love to the fellow underdogs I'll See you right back here in the next Video do you want to know when to buy And when to sell click this video right Now
Top Crypto News Sites – How to Find the Next Crypto Gem
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Top Crypto News Sites – How to Find the Next Crypto Gem
The best crypto news sites provide a wide variety of coverage. These include technical perspectives on cryptocurrencies, ICOs, and wallet reviews. There are also op-ed pieces and news about new developments in the space. Read on to learn about the top sites in the crypto market.
CoinDesk is one of the leading global crypto news providers. It has millions of monthly views and an audience of followers on social media. They host an annual Consensus summit in New York City, which is expected to draw more than 4,500 attendees. They have an active community that is passionate about the industry. Their website has a clean and simple layout. In addition to the news, they have a comprehensive charting tool that is used by many traders.
CryptoAnalyst is a reliable source of cryptocurrency news. They publish in-depth ICO reviews and articles on key topics such as the future of Bitcoin. You will also find editorials on important topics such as the use of price prediction methods in the crypto market.
NewsBTC is an online news source that was started in October 2013. They cover a wide variety of cryptocurrencies, including Litecoin and Bitcoin. Although the site is not as big as competitors, it is an excellent resource for keeping up with the latest developments. However, you will have to sign up for a newsletter if you want to receive daily updates.
Crypto Insider is a great op-ed and long form content site that covers the frontiers of the crypto space, from emerging markets to the development of nations. Among the posts are guides for beginners as well as in-depth articles about the industry.
Crypto Tips is a great resource for the beginner. This blog offers articles on the current state of the cryptocurrency market, upcoming ICOs, and how it is affecting the economy. Also, they have guides on how to secure your coins and how to avoid hacks. Those who are more experienced with cryptocurrencies will find the blog helpful as well.
The Live Bitcoin News reports on cutting edge stories in the cryptocurrency space. They have a team of young and curious reporters who are eager to cover the latest developments.
Ethereum World News covers all aspects of the blockchain ecosystem. They offer in-depth articles on start-off ICOs, global conferences, and more. One of their biggest advantages is that they cover all of the major coins, including Bitcoin and Ethereum. Besides their news coverage, they are also an independent and non-monetizing news provider.
Another popular vlog, The CryptoVerse, provides news and analysis on the current state of the crypto space. They also have a podcast that matches their vlog. The community rewards their members for sharing their opinions.
CryptoPanic is another good option for those who are looking for a curated news feed. This site includes social signals for price action and portfolio tracking. Plus, they have an evergreen educational section that provides news on everything from crypto to virtual reality. Users can also subscribe to Twitter and Reddit feeds.
