Bitcoin (BTC): Major Breakdown!! This Is What To Expect Next! (WATCH ASAP)
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- čas přidán 26. 07. 2024
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👉Intro: 0:00-2:00
👉Market data and recent PA: 2:00-2:55
👉DXY, S&P500, DOWJ: 2:55-5:29
👉Exchange promotion: 5:29-6:10
👉Complete HTF btc analysis: 6:10-11:34
👉Complete short term btc analysis: 11:34-15:26
👉Altcoin and total market cap: 15:26-20:07
About me: I am a Full-time Crypto analyst, Day trader and investor from Australia! I specialise in technical analysis and take an unbiased view of the markets, focusing on the data and charts only! So.... come join the Whale family and let's cover bitcoin and altcoins together
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rough times, thanks for your updates, and please do look after yourself, get better soon.
Great TA. New subscriber
I my ignorance, I'm assuming we're resetting back to roughly where we would have been without the BTC ETF, or to an approximate higher level. So the 4 year cycle is still there under this massive white-swan, and slowly the event is tapering back into the 4 year cycle. Fuck knows!!
Thanks for the video mate!!
Very nice. I didn't think of it like that. But you could be right
Thanks for commenting on this drop so quickly….you insight is appreciated!
Very helpful summary, MegaWhale. Thanks.
Cheers legend
Thanks mate
Always welcome mate
Thank you for all your hard work.
My pleasure!
Thanks for the update 👍🏻
Cheers Paul
Thanks, MW
Cheers legend
thanks Mega, in previous cycles, were the significant pullbacks the same as this, technically at least?
This would be prior cycle standards be the largest by I think 4%
Get well soon MW. Get plenty of rest.
Just participated in Vematum’s presale. Super excited about the potential here!
Vematum's community-driven approach is what crypto needs.
Thanks MW for soldiering on even though you are unwell. Hope u feel better soon.
Most welcome legend, appreciate it
Can you tell me how to send USDT from OKX wallet to the exchange?
Seed: head isolate sound end kit industry choice festival limit stable dolphin derive
Buidl up the short liquidity, we need it to fuel the rocket
The Vematum ecosystem is top-notch. Can't wait to see it grow!
Thanks for keeping us informed, MW. The lower price of BTC just makes it easier to fill bags. We hope you get to feeling better soon!
Good analytical.. you are the 1st CZcams crypto influencer that shows the Bollinger Band.. I subscribe immediately!
Yes, the 1W Bollinger band is a powerful indicator for a rebound.
With this, I doubt we will break 50k especially since we are still in a bull market.
Cheers legend!
The adaptability of Vematum to market changes is a key strength.
48k here we come
No support there 48k sends us straight to 38k-44k
@@frogGameshope so. Ready to back up the truck on some more long term spot
@@Mike_Hawk_Inu the price can deviate from 51k to 48k i hope it comes I'll start to DCA and leave some cash in case the correction lasts for months
Not unless 53k breaks , this is the trigger for next move down
Everybody is extremely bearish now. Calling prices as low as 30k and 40k! There is real fear in the crypto market and late comers panic selling again at the bottom. This all smells like a good okd capitulation which was overdue! If we are not already at the bottom it is probably very near because prices like 40k and lower not probable to happen (same as when we were at 17k and people calling for 10k and lower targets). If you really have no issue with emotions, buying into the heat of fear is probably the smartest thing to do. But many people don’t do it because they’re scared or are hoping for lower prices.
I thought this time is different but sell in may and go away always right ...
Is bull run over?
Technically speaking, yes. However, if Trump wins the election, crypto will return to the bull run.
no
There is no bull run anymore. Bull run and bear run were terms used in the 4 year cycle. As you can see…it’s bearish at the moment.
When everyone is worried it tends to be the best time to start putting money in
Ja!
🎉🎉🎉🎉
Always sell off or short June July August is what I have learnt
Hey bro can you teach me?
The reason cycles break is because we become aware of them. Be carful
@@immortaldetan5171no worries here. I wanna start stacking SATS again. Playing the long game with bitcoin. Not an asset to trade in and out of in my opinion
Sell in may and go away mfs are always right 🤣 Buy in July? Crazy times, cheers Whale!
Bear comments just proves we can finally move up🤪
It’s crazy some of these comments
Vematum on track to be the next big thing in crypto. So much potential
i cant afford the membership anymore but still here to let you know i appreciate the analysis. Keep it up :)
I appreciate you either way mate!
usually when BTC is going one direction (down), altcoins are going up, but you mentioned how the BTC, altcoins, and the overall crypto market are all in the same direction....can elaborate on this unusual behavior?
If bitcoin dominance % drops while the total crypto market cap remains the same or rises, Altcoins will gain against their BTC pairs and move upward
Historically, in the post-halving period, declines have reached up to 30%, which would also suggest a potential range for the current move to levels around $50,000-$52,000.
The next nearest support level remains around $50,000-$52,000. The correction in Bitcoin since marking a double top has already exceeded 22%.
The results of the French elections?
I think I just died.
Were you buying at 73k? It’s okay, just keep dcaing spot.
Bitcoin is going to go so much higher. Most interesting asset to ever exist. It’s incredible
@@Mike_Hawk_Inu Agreed. BTC is incredible! I have definitely noticed. But I do get nervous when my trusted Mega Whale admits (which is why I trust him) that we're officially flying blind. Add that to institutions and nations that can now rug pull us.....yeah I get nervous. There are diabolical entities out there that are threatened by BTC. Like Peter SHIT 🤣
Better see a doctor about that haha
Don’t sleep on Vematum! This project is going to the moon!
40 incoming
If I was still in my target to get out would be 59.3k. I pulled 100% out of crypto a couple months back and went into stocks
The more I dive into Vematum, the more bullish I become.
October 2025. I can't get that date out of my head ever since you put it there last year.
Someone asked me why I haven’t been buying since last year for this exact reason 😂
I mean if you bought at any time during 2023 you would be at profit Right now
@@MegaWhaleCrypto I been buying since 2022 end each month and now I’m only 8k up
This is going to shock a lot people who have all their money in this thing
Anyone who has all of their money in any one asset is just cruising for a bruising.
I can't find any empathy for them no matter what.
Id like to think people are not stupid enough to hold all their wealth in any one asset no matter what it is
🎉First Bitcoin to the moon 🌙
Hahaha it would be nice lol
Wtf is going on here. How can we still be in a bull market..All of our structure is being obliterated..
It’s not a bull market
Look at 2019 do you see any structure?
@@diegocolonia8396 we don't have a global pandemic going on right now..
I assume youre not speaking to me because I explicitly and clearly stated in the video that the validations for a bull market have been broken and thus by technical definition we are no longer in a bull market
I think the ETFs shot us up too early. Kinda like a high timeframe fake out. Hopefully support at 51K or 43K holds until August / Sept. Then the cycle bullrun kicks back in to send us to 100k by EOY.
No it didn’t bro look at the charts and look at the first small big highs right before the bull run that’s exactly where we at right now we at 25% up the way if not less this run is gonna be the one
The ETFs will turn out to be the worst thing that ever happened to Bitcoin.
The foxes are in the henhouse.
They will turn this into another Comex and manipulate the crap out of it .
That will take a while to be put into full action so watch and get out when the shorting gets crazy. The ETFs will conduct a coup on Bitcoin.
@@bdeceo2720 Either way, a retrace and retest on 51k would be healthy confirmation.
47k to 48k . Bounce @50 MA
Those in the covid cult are fuming at this guy for endangering them by publishing this video.
?
Is this what happens when Americans celebrate the 4th of July holiday weekend😂😂😂 your crash dates match up exactly
Not American haha
@@MegaWhaleCrypto exactly my point do your statics take into count the majority of US won't be involved in markets that week? This year it landed mid week extending it for 9 days of 'down" time depending what weekend our weekends they decided to travel/vacation/celebrate needing liquid assets
Yes sumner sell off. It’s crypto always take profits or cash out
Love it honestly. I’ve been on the sidelines watching bitcoin take off without me. Ready to start backing up the truck on spot.
Bitcoin is a special asset. We’re going to go so much higher in the next few decades
$$$$$$$$$$ 1 WEEK STOCH RSI. Can it save us? $$$$$$$$$$$$$$$$$
Trump will recover this mess
Hmm might not be best to rest your financial future in the hands of one man, be proactive
@@MegaWhaleCryptohe had the ability to build a strong economy unlike the “current president” after a world virus he still had the stock market they recovered and was even better prior to the virus. I got my fingers crossed it rises lol
BTC boinces back hard when most think its dead,thats how big players make money on small ordinary people...
Bitcoin going straight to zero in few days 😢😢 it will be riskiest year for us plan it properly USA going in debts and banks will fail
Spot the kn0b
👀🫡🐋
Legend John