BITCOIN: TODAY IS THE DAY!!!!!!! [⚠️ danger]

On Bitcoin

Changed since their last video: cycle moved down to waiting.

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• This cycle (next 6–18 months): Waiting on 98k (timeframe is our reading): So, if we are closing this weekly candle today at somewhere below 98,000, it is going to get potentially dangerous for Bitcoin because in history, every time in a bull market when we close the weekly candle ▶ 01:26

If this, then that

• If Weekly candle closes today below 98,000, under the EMA ribbon (50-week moving average), then no target given (this cycle, by today): So, if we are closing this weekly candle today at somewhere below 98,000, it is going to get potentially dangerous for Bitcoin because in history, every time in a bull market when we close the weekly candle ▶ 01:26
• If Weekly candle closes below 98,000, under the downward sloping support and EMA ribbon, then 82–84k (next weeks): So, the price target would be round about at 82,000 US dollars for Bitcoin, 82 to 84,000 US dollars. If we are closing this weekly candle below 98,000 US dollars. ▶ 03:39

Levels named

• 98k: Support (Weekly close below the 50-week EMA ribbon has historically marked the start of bear markets): So, if we are closing this weekly candle today at somewhere below 98,000, it is going to get potentially dangerous for Bitcoin ▶ 01:26
• 82–84k: Target (Measured move target of the falling wedge if the weekly closes below 98,000): So, the price target would be round about at 82,000 US dollars for Bitcoin, 82 to 84,000 US dollars. If we are closing this weekly candle below 98,000 US dollars. ▶ 03:39

Their own position: Holding. You can see my Bitcoin trade is open, but I took most of the profits already.