00:00today for the Bitcoin and cryptocurrency prices

00:02Ladies and gentlemen, I need to push out this video here because we analyzed the Bitcoin chart and accurately predicted this breakout

00:10But there's one thing you do need to keep in mind

00:15And if you don't, you might be trapped

00:18There's something looming on the horizon which to me it's very obvious, but I feel like most people are not aware of it

00:24So, let's go straight into it

00:26This is a big warning

00:26Actually a big big warning for everyone in Bitcoin and in crypto right now

00:31Yes, I have four different trades open which I will show you here

00:36I will talk about my predictions but this warning need to get it out

00:40So let's go straight into it

00:42Dear ladies and gentlemen, we are going straight into the Bitcoin chart

00:44Before I'm going to my charts and to my predictions, let's talk about some highle stuff here on Bitcoin

00:49And we are on the weekly candles for the Bitcoin price

00:52And yes, Bitcoin broke above the EMA ribbon, which is super bullish, super good long-term

00:57We are flipping or about to flip the ribbon here, which is the second very important and bullish condition for a bare market to flip into a bull market

01:06But there's one thing which most people are just forgetting about even though I talked about it a few times and this is what I want to highlight on here in a very quick manner for Bitcoin

01:17uh quickly here also of course yes my XRP trade is still open my monero trade is still open my Ethereum trade is still open my Bitcoin trade is still open overall $1.8 8 million US in a profit

01:28But those trades are highly risky

01:31Maybe Bitcoin, Ethereum less so, but Monero and especially XRP very risky

01:37I am opening them

01:37I did open them knowing that yes, this can just as well be liquidated, right? Obviously, what we are look even though it's profitable right now, what we are looking at here is a very bullish scenario for Bitcoin on the weekly candles

01:53But what you should not forget after Bitcoin for the first time after bare market breaking above the EMA ribbon every single time sooner or later, maybe not this week, maybe not next week, but maybe yes, maybe this week, maybe next week, sooner or later, we are going to break down and we are going to come back at least to the top of the ribbon here being at 78,000

02:19This is sooner or later with a high degree of certainty going to happen 78 79 80 no matter where we are at this point of time

02:28The earlier we break down the lower this this pullback price target is and the later we break down the higher it is of course as this EMA ribbon 50WE EMA and so on are upwards tilting here

02:41So it is going to happen and if that's happened I'm fine with my Bitcoin trade with my Ethereum trade

02:48you're going to be fine most likely as well

02:50But something like an XRP trade is obviously going to get liquidated if Bitcoin pulls down another 5 to 10% here

02:58Of course, in a corrective move towards the downside

02:59Let me know what you think about that

03:01I needed to get that warning out

03:02But overall, of course, this is a bullish scenario for Bitcoin

03:06We will see to that very soon at the next round of MM Crypto

03:08As always, guys, as always, bye bye.