what's going on guys Patrick herebringing you a brand new videotape we got another killer video for you guysfull of information today we're gonna be looking at coup we see Bitcoin hitsseven hundred forty thousand US dollars we're also gonna be looking at is thisyour last chance to pick up one Bitcoin as well as tons of other news that wenton in the cryptocurrency space but guys before we go start with that if you wantto enter a chance to win some free Bitcoin all you guys have to do isnumber one be subscribe the channel and have you notifications turned on numbertwo give this video a thumbs up and number three leave a comment down belowsaying something related to the video also you guys are interested in makingmoney trading cryptocurrencies even while the market is down make sure youcheck out the first thing in a description or the first link in thecomments for the cryptocurrency trade alert group so far we have it over 90%success rate and I post every single one of the trades that brought me to asix-figure portfolio in the group so that if you are a complete beginner ifyou don't have time to do technical analysis or you don't know how to dotechnical analysis you can copy my exact trades it takes two or three minutes toset up and after that profits are taken automatically for you so it becomes veryvery passive we've had people in their make up to 500 to a thousand extradollars from one single trade and it doesn't matter how busy your schedule iswe have trades in there for all different types of schedules one of ourrecent trades that actually performed very well was gas gas we picked upaccumulated in this region waiting for the breakout that I thought was going tooccur hit all of our targets up to the fourth target for up to 95% profit samewith metal MTL now it's up 7.
5% but we picked it up around January 28th and wemade an almost 50% profit in holding it through this range so if you guys areinterested in that make sure you do check out the first thing down below anduse the code profit all capital letters PR o fi T in order to get 40% off yourfirst month now let's jump into some technical analysis breaking down whatwe've got going on right now again not too much price action but there are afew things for us to look at what's holding us up in terms of support what'sholding us down in terms of resistance first things first we had this channelthat we were trading down and I wanted to highlight this to emphasize sort ofwhat was going on we sort of built this channel which we were hoping was goingto be a bull flag that would then lead us straight up here to test thisresistance well turns out that hasn't been the case so far but what hashappen is it look like we may have bottom in terms of that channel andstarted forming a new channel in the upwards direction now by no means isthis a bullish scenario and again we haven't confirmed that this channel isgoing to last long or what's going on but for the most part it is looking atleast on the for hourly that the bull flag is no more so let's take this outof the way and zoom how to the daily Zen we're gonna be able to see even more ofwhat's happening so if we zoom into the daily look at that similar to what wewere talking about before we have had very small candle bodies with very largecandle wicks so look at these bodies very very small and if we look at thesewicks well absolutely massive compared to the body size and again same thingsort of was happening more a little bit back but well holding us up right now isthis pink lens pink line is the 18 EMA right now we've seen several times we'recoming down pretty much to touch it before we do eventually reverse howeverwe've tried breaking up several times look at these wicks we've tried breakingup several times it even have had in the last day a little move that a lot ofpeople thought was going to be the breakout maybe for that Bear Flag butturns out before that bull fly but turns out that was not the case we came rightback down in our trading with these small bodies to me this looks a lot likemanipulation and it looks like an area we have to be very careful about when itcomes to what we are going to trade and what we are going to do but if we lookat the 200 weekly moving average this is this line over here it's been going onfor some time we had one touch here and a lot of people were expecting a secondtouch now although in the daily if we zoom in fully it doesn't look that wayif you were to zoom out to the weekly and look at the 200 weekly movingaverage you would see that we get very very close to having what looks like asecond retest of this line before eventually reversing back out of it soit could be that we have touch we could count that as a touch again on theweekly it looks a lot better than it does on the daily on the daily we arezoomed in a lot so we can tell that there is a little bit of a range betweenit but again if we were to calculate it this is three thousand three hundredtwenty-nine three one thousand two hundred and ninety three so it's reallynot that big of a difference it definitely could count as a test whichagain we were first off back up and started started to have that huge canthat we do remember happened a few days ago but in a very unstable area I thinkprice is consolidating in a region if we were to zoom out again we'd be able tosee other moving averages coming in and coming down that could act as supportand challenge to 200 weekly moving average in order to make a consolidatingprice range where we are going to have again a narrowing price range smallerprice range we could trade in between before eventually seeing a breakout andto me still the bias is in the longer term err in the coming week / month wecould still see and I still believe we will see that lower low so keep that inmind on the shorter timeframes we can always make plays to make gains in thisregion for example similar to a candle like this you would been able to make alittle bit of money if you were to long it and again with all coins that we showbefore but for the most part still pretty uneasy still waiting for thatdrop lower now if we do look at the overall market and what's been going onwell first of all this could be your last chance to buy one Bitcoin now whydo I say that and do I mean right now this second not a hundred percent so Iagree and disagree with this article firstly I do agree then we coulddefinitely be seeing Bitcoin we're going to talk about this more in depth and wetalk about the seven hundred forty thousand dollar Bitcoin price predictionwe could definitely see Bitcoin get to some prices that are going to make it alot harder for the average person to pick up one full Bitcoin so does it meanthat now is the perfect time and we've officially bought them no that's notwhat I'm saying obviously we've even seen prices lower than the prices we seeright now but this area this range this time period I believe the bear market isgoing to be potentially the last time we see Bitcoin at a price that the averageinvestor the average person could jump in and buy one full Bitcoin dough evento this time Bitcoin at three thousand something I still see people whostruggle to buy one full bitcoin of course it's going to depend a lot onyour you know the household income and all of that stuff there are people outthere they even have Bitcoin hits a million dollars they can no problem byone full Bitcoin but for the most for most people for the average investorthat's why I say the average person out there if you look at the average u.
Income the u.
salary you're not going to be able to pick up one full Bitcoinand a million dollars most people at least will not without having to takeout a loan I don't even know of loans are going tothen we're gonna talk about this more in terms of the Bitcoin price prediction to$750,000 price prediction in just a little bit I do want to look at theoverall markets really quick so just over 121 billion dollars in market againnot much happening on the day-to-day we're seeing some crazy wicks like Ishowed you guys previously but for the most part Bitcoin is closing in themarket is closing at a very very narrow difference we were at 120 billiondollars not too long ago we're up 1 billion dollars but in crypto thatdoesn't really mean much of a change now 52.
5% Bitcoin dominance down again justa little bit overall as you can tell a zero point two seven move downwards forBitcoin means absolutely nothing etherium is performing a little bitbetter building up that distance in market cap from XRP on coin market capbut again that's not XRP is real market cap XR pees real market cap is wellabove aetherium so it doesn't really count but for the most part we see somebig gainers again arc performing crazy up 50% gas one that I mentioned we didvery very well on in the group up forty percent in twenty four hours storage aswell Komodo koo coins shares came after an update I believe they're they'reseeing a nice game thirteen percent so definitely some big moves again lots ofopportunities out there in this market you're missing out if you are notentering these positions that could give you these type of great results in themidterm trades but again after some we see the red it looks like a 50-50 splitdefinitely some suffering we're gonna talk about the delisting of some cryptocurrencies as well crypto calm down 7% Aurora's down hollows down elf is downbut like I said the d listing of some crypto currencies just the other daycaused a lot of criminals to drop and some big names are on here fromsubstratum – salt – I know that were ranked a little higher than cloak modemand wings not ranked as high but still all saw some pretty big jobs if you lookat subscribe and take a look at what happened over here just looking on thedaily look at that job it went from being worth zero point zero four two tozero point zero two two so almost half of its price gone just wiped out in thematter of you know two daily candles simply because of Finance announcingthat is going to be delisted and I don't think this is the last of it financewill probably continue to do this as they want to stay on top and be the bestmost reputable exchange out I believe finance will have to get ridof projects that aren't doing stuff that you know just aren't performing thatdon't have the volume that you know maybe our scans maybe you know aren'tdoing what they said they were going to do with their money and subscribe' wasone there was a lot of rumors going on that the owner was trying to actuallylearn to trade so that he could trade the funds that they made then you knowtheir theorem in the big coin that they made in order to make more so that hecan continue funding his project and that I'm pretty sure that's illegal inmost places if not probably should be and it's definitely frowned upon sosomething like that I'm not sure if it's 100% true don'tquote me on that but that type of stuff surrounding substratum was part of thereason I think that's the most notable name on here that finance is delistingof like I said I don't think that's gonna be the end of it violence willprobably continue to delist bad projects and we're gonna see a lot of projectsdie off we've been talking about the bear market you know kind of eliminatesa lot of bad projects we're going to continue to see that happen at leastuntil the bull run does start even at that point if a bad project is out therethey will be delisted as well now the $740,000 Bitcoin priceprediction this came from a Chinese crypto minor he believed and hepredicted that Bitcoin could reach the seven hundred forty thousand dollar marknow this came from Zuffa the co-founder of pool in a Chinese base crypto miningpool I believe they have like 10% of the overall mining they predicted thatBitcoin could hit five million Chinese rent that is roughly seven hundred andforty thousand US dollars this came out repor now this is of course a huge priceprediction that a lot of people are going to struggle to believe he said hebelieved the prices could get to twenty ten to twenty times higher in the nextbull run then the previous one so ten to twenty times higher then that $20,000Bitcoin high that we saw at the end of 2017 now like I said a lot of people aregoing to struggle to believe this we've had Tim Draper predict as $250,000Bitcoin and so forth like I said a million times people are gonna struggleto predict it or people gonna be some people are going to struggle to acceptthis because of how long we've been in this bear market and the reason for thatis most people picked up cryptocurrency around this point right when it wasroughly around the top and it's therefore only experienced a bear marketso to me it makes sense to the psychological purpose that you know it'scycle it makes sense that people wouldn'tbelieve that we can see a bowl run but had you looked back if you zoom out andlook at everything bitcoins done so far and how you know there have been thesecrazy jobs similar to what we've seen right now this isn't anything differentthan what's happened several several times before then that does make thingsa little easier to accept that you know what even though we're in this bearmarket we definitely could still see big point and move further now I like thischart because it draws everything up pretty clean I'm not gonna say if Iagree a hundred percent with the exact prices and the time the timeline andeverything like that but for the third having which if we look at what if welook over here and move my head the third having which should be mid 2020 soit is you know one and a half years away which is not a long time to aninvestment guys one and a half years for a long term investment that's not longterm whatsoever that's pretty short term if you were to talk to any stock traderor if you two were to talk to Warren Buffett himself that would be a veryvery short-term trade for one year but either way again cryptocurrency movesfast I get all that he predicted that a 2500 US dollar bottom if you look keepposted this over here and so far we've stuck to it pretty well we're prettymuch exactly where he expect us to be on this date in February now again pricesprobably won't reflect this 100% we're probably not going to hit the exacttargets but it does show looking at the long term looking at the long run ofthings and things that have happened previously ever since 2010 that Bitcoinhas gone through several of these patterns so expect the third having mid2020 to be when we finally see that bull run that could be that could be when wefinally see that bull run and I don't think that is far off I thinkconsolidating trading sideways hitting that lower low that we talked aboutpreviously trading sideways for a little bit before eventually finally gainingthat momentum this range here of trading you know relatively sideways before wefinally gain that momentum that breaks us out and brings us to those higherhighs where we could see a you know a six-figure Bitcoin and eventually evendown the road maybe a seven-figure Bitcoin up that is in years and years tocome again looking at this chart bitcoins done several things and thehalving has been something a lot of people have been looking at we'relooking again mid 2024 the third having to happen and that could besomething pretty cool to watch out but a lot of people are actually looking outfor that and it could be cool to see what Bitcoin does after that again mostpeople getting in in late 2017 we could definitely see though they experiencedthat bear market and then experienced a bull market I'm excited to see whatpeople think and how people react to and you know a bear market after that or thenext bear market that comes how people reacted how people you know react tomaybe the lows at that point being like 20,000 dollars which is obviously theall-time high we had right now very exciting things moving forwardXRP also had some big partnership partnership with eToro potentially areup did come out and get Nancy Toro wants a partnership with Ripple lab they saidI think as a fin tech company it's very important for us to foster relationshipswith other fin tech companies obviously we're one of the largest tradingplatforms on XR so very interested in forming a relationship with ripple labsand understanding what we can do together so that's pretty cool to seeright here discussing how the two companies could collaborate now as it isSunday I am going to do the big coin give away really quick because I've beenrambling on for a ton but this is a topic obviously you know doing thetechnical analysis looking at the long term price movement is something that Ido really enjoy doing so I do get really into that sorry if I have been ramblingfor so much but gigs cat gigs I don't know how to pronounce that Casper youdid win the Bitcoin nice game to make money again all you have to do to claimthis Bitcoin is number one leave a comment down below letting me knowyou're here to claim it and number two give me your Bitcoin wallet address youcan do it in the comments on Instagram by email whatever it is that you wouldrather do I will make I'll find a way to get that Bitcoin to you guys if theydon't claim it in the next 24 hours I'm going to be picking another winner fromthis video right here so make sure you guys are leaving a thumbs up and leavingtons of comments down below to increase your chance of winning but guys thankyou so much for watching I'll see you guys tomorrow for another video.