[00:02] into Bitcoin ATFs.  Everyone is talking about the fact that we are bargaining near the highs.  Everyone says that everything is great now. For some reason, no one is talking about the fact that those funds that bought Bitcoin at $70,000-$80,000 are now selling it in parts
[00:16] .  The fact is that we have been in consolidation since July and Bitcoin is not willing to break higher.  And every time he approaches even the slightest high, he gets dumped.  that there are problems in the world now that are worse than the coronavirus and the hacking of
[00:31] any exchanges.  Hello everyone, my name is Max.  You are on the DenisavTreade channel. Today we'll talk about Bitcoin again.  By the way, my channel already has 12 can see in my channel history.  Well, and, actually, make sure of what
[00:44] delay and get to the point.  Guys, I could tell you about what happened with Bitcoin in 2021, then about the coronavirus and many other things and situations.  But I decided that this review will be short, so please,
[00:57] to the end and write your comment, your opinion on where Bitcoin will go and for what reasons. I'll be happy to chat with reasonable guys in one of the most important time frames - the one-day one.  Here, each candle
[01:11] let's see what happens with Bitcoin. Since the end of July, as I already said, we have been standing near Bitcoin highs.  I don’t take these figures above $120,000. We are taking what we have been negotiating for a very long time, well, at about the level of
[01:25] 112,000 dollars.  To be really scrupulous and precise, we are there practically on December 16, 1924.  Well, to be realistic, in fact, after the first breakout since the end of July, as I said at the
[01:39] values ​​at which we are currently trading. Let me remind you that it is now almost October and we see that Bitcoin is in a correction phase.  And for myself, I see two cryptocurrency market in general.  The first, and most likely the one that will happen, is that we are going to
[01:54] remove liquidity below $100,000.  We haven't been there for a long time.  We have n't been there practically since June 23rd, 1925. positive news, and there were record inflows, as I already said, of money into
[02:08] we haven’t collected liquidity from below for a long time.  Why exactly $100,000?  Well, $100,000,000 is a psychological level.  I think there is a record number of stop losses there.  And here there will be, well,
[02:21] millions, well, what millions, billions of liquidation of long positions.  Everyone is long now .  Everyone is now starting to take long positions because, well, grow anyway.  Well, and accordingly, we see that on powerful timeframes, on the
[02:35] see that on powerful timeframes, on the daily chart, after the all-time high was not broken through , then we were unable to break it , we turned around on some small positive news, and showed a short impulse.  We
[02:49] correction is a powerful support level.  I believe that this level is in the region of $100,000 remove all liquidity from those longs who opened positions back in those days,
[03:02] and they could have opened them as early as November. Or, if we look closer to July could just as well still be holding open positions worth millions.  Another plus to my theory is that we are finally leaving the consolidation zone.
[03:17] That is, the price of Bitcoin has not changed for the last few months.  Even the daily Bitcoin reviews I used to write were often uninteresting to watch because we could be at $112,000
[03:30] or $115,000 for a few days.  That is, absolutely nothing changed at all.  Well, the at least for me, is the forecast that we will gain liquidity from the current values ​​to $104,000 and from there we will show a
[03:44] rebound and, accordingly, make our way to a new allium.  But I don't think it's impossible, but at the current time, in the next few months, not going to happen, because everyone is already tired, everyone is already waiting for some kind of
[03:58] movement on the altcoin, everyone just wants to see, well, at least something related to the stays around $100,000, that's great.  That is, it will trade at approximately these values, plus the dominance will fall and
[04:13] money will gradually begin to flow into the volts.  I think this will suit everyone and everyone Although I don't know who is buying Bitcoin at $110,000.  Therefore, which we
[04:26] will slowly gain positions here now and then shoot sharply from here and move to an all- high, but it is unlikely, because, well, where so much money in the market comes from, I have no idea.  Where else in the current cycle and under current circumstances they will try to
[04:38] push Bitcoin higher, well, I don’t know.  So, in any case, for the next few weeks or months, I think that it’s possible to change shorts and calmly try to trade on the offensive side, while slowly building up an
[04:51] altcoin, which is already at the bottom.  Well, there is a third option, which I have never happens.  This is, well, a reset or at least a cut in the price of reset or at least a cut in the price of Bitcoin by 50-60-70%.  This is also quite
[05:05] possible, because Bitcoin is now accumulating in the hands of funds.  At the same time, I think that if Bitcoin starts to sink below $100,000, there, in the region of $50,000, retail will simply, well, shove such money into Bitcoin,
[05:17] repeat itself over and over again, as it always has, that Bitcoin always grows over a period of 3, 5, 7, 10 years.  But you remember what happened in 21 twice, yes, how they shaved those who were sitting there in the fortress, as it was before that, when
[05:32] 1919, there, 1917.  This means that we must be prepared for any of the options.  I hope this is just a local correction that will end in the next few weeks. We will remove the liquidity below $100,000 and
[05:45] will live well in case I am wrong and everything goes according to the second scenario, even better if we bounce off 104, and stay in the region of 104-112, somewhere around here to trade.  At the same time, dominance is falling, the alta is growing, this is also
[05:58] good, why not.  Well, the third option, let's just forget it.  Well, asked about this at the beginning of the video, but if you haven't written a comment yet, I'm you specifically.  You were on the Denitsavtrade channel.  I wish everyone profit.