WARNING: THEY ARE LYING TO YOU ABOUT BITCOIN RIGHT NOW – DON’T FALL FOR THIS

00:10:23
https://www.youtube.com/watch?v=KyjSslPHDJM

Resumen

TLDRIn this video, Steve, an experienced trader, critiques the pervasive misinformation surrounding the current Bitcoin pump. He argues that the pump is not due to external factors like a pro-crypto president-elect or political changes but rather the result of specific market conditions, notably stochastic RSI crosses. These crosses, which signal momentum shifts, occur infrequently yet guide significant market movements. The video dissects the timing and nature of these crosses, illustrating how past movements aligned with current conditions. Steve insists that truth, rather than sensationalized media narratives, will lead to better investment decisions. He cautions against relying on popular media for crypto insights, emphasizing analytical approaches instead. Lastly, Steve invites viewers to support his channel by subscribing and sharing with others, noting his commitment to factual, unsponsored content.

Para llevar

  • 🚀 Bitcoin's recent pump isn't due to political events but market momentum.
  • 📈 Stochastic RSI crosses guide major market movements.
  • 💡 The real bull run started at $15-$16,000.
  • 📰 Media narratives on crypto can be misleading.
  • 📉 Watch for stochastic RSI cross downs as sell signals.
  • 🔎 Market analysis beats sensational news stories.
  • 💰 Truthful insights lead to better crypto profits.
  • 🤝 Support factual content, avoid paid sponsorship bias.
  • ✈️ Steve's success is based on trading skills, not luck.
  • 🧭 Stay informed with genuine market facts.

Cronología

  • 00:00:00 - 00:05:00

    The video begins by discussing the misleading information surrounding the current pump in the cryptocurrency market, echoing the sentiment that lies have clouded the true reasons for Bitcoin's rise. The speaker, Steve, who has extensive experience in trading and investing, insists that understanding the real truth behind the pump is crucial for profiting from it. He dismisses the widely circulated narrative that the bull run has just begun, suggesting instead that it started years ago around $15,000-$16,000 when Bitcoin hit its lowest. Back then, he advised to buy Bitcoin against widespread pessimism predicting further declines. Steve highlights Bitcoin's pattern of sharp upward moves followed by periods of sideways action, debunking the belief that recent surges are due to new political developments favoring crypto. Instead, Steve points to technical indicators like the stochastic RSI cross as more reliable signals for Bitcoin's momentum.

  • 00:05:00 - 00:10:23

    Continuing, Steve elaborates on how momentum can't be achieved without the proper conditions in place, likening Bitcoin's upward motion to a rocket requiring momentum. He specifies that identifying a stochastic RSI cross on weekly and bi-weekly charts is crucial, having earlier predicted a Bitcoin rise when such indicators appeared at $53,000. He clarifies that political factors, like a pro-crypto president, don't genuinely influence Bitcoin's trends as massively as technical indicators do. He reviews past stochastic RSI crosses that marked significant Bitcoin jumps annually, emphasizing factual chart-based insights over media sensationalism. To predict the end of the current bull run, Steve advises watching for weekly and bi-weekly stochastic RSI crosses downwards, which indicate a downturn. He concludes by urging viewers to stay informed through facts, not hype, while encouraging them to subscribe for more objective analysis.

Mapa mental

Vídeo de preguntas y respuestas

  • What is causing the current Bitcoin pump?

    It's due to market momentum and stochastic RSI crosses, not external events like the election.

  • When did the current Bitcoin bull run actually start?

    It started when Bitcoin was at $15-$16,000, not just recently.

  • What are stochastic RSI crosses?

    They are indicators of market momentum that happen once or twice a year.

  • Why are people saying the pump is due to a new president?

    It's misinformation; the pump is driven by market factors, not political events.

  • What should Bitcoin investors look for as a sell signal?

    Look for a one-week stochastic RSI cross down and a two-week stochastic RSI cross down below the 80 level.

  • Is media coverage on cryptocurrency reliable?

    The video suggests that it's often misleading or inaccurate.

  • How frequently do stochastic RSI crosses occur?

    Once or twice per year.

  • What are common misconceptions about the crypto market according to the video?

    That external events like political elections significantly impact the market.

  • Does the video advocate following news outlets for crypto updates?

    No, it suggests relying on market analysis instead.

  • What should viewers do to support the channel?

    Subscribe and share with others, as the channel is free of paid sponsorships.

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Desplazamiento automático:
  • 00:00:00
    let's be honest you're being lied to and
  • 00:00:02
    it needs to stop the cryptocurrency
  • 00:00:05
    market is pumping Bitcoin is pumping and
  • 00:00:08
    everyone around the world is in a frenzy
  • 00:00:11
    and everyone is looking for actual
  • 00:00:14
    answers what is causing this pump why is
  • 00:00:17
    Bitcoin moving is it going to continue
  • 00:00:20
    and instead you're looking for answers
  • 00:00:23
    but you're being fed lie after lie after
  • 00:00:26
    lie no matter where you look on the news
  • 00:00:30
    social media it is full of lies we need
  • 00:00:34
    to get to the bottom you need to know
  • 00:00:36
    the real truth about this pump and once
  • 00:00:39
    you know the real truth you will know
  • 00:00:41
    when this pump is going to stop however
  • 00:00:45
    if you keep heading down the track you
  • 00:00:46
    are on now filling yourself with lies
  • 00:00:49
    every single day you're never going to
  • 00:00:51
    know the truth and you're never going to
  • 00:00:53
    know the secrets to really profit from
  • 00:00:58
    this pump the lies need to stop and they
  • 00:01:01
    stop today let's get into the facts hi
  • 00:01:05
    I'm Steve I quit my job over 13 years
  • 00:01:08
    ago been traveling the world since
  • 00:01:11
    thanks to my trading and investing
  • 00:01:13
    skills join me for sponsorship free ta
  • 00:01:17
    with genuine value that actually works
  • 00:01:20
    subscribe here we are on the US dollar
  • 00:01:23
    Index and today we're on the weekly
  • 00:01:26
    chart now the Bitcoin Market is pumping
  • 00:01:29
    everybody's is at the edge of their
  • 00:01:30
    seats crypto is on fire it's on the tip
  • 00:01:34
    of everyone's mind it's on the tip of
  • 00:01:36
    everybody's tongue all around the world
  • 00:01:38
    and everyone is searching for real proof
  • 00:01:42
    real facts and real information that
  • 00:01:45
    they can take in and use that
  • 00:01:47
    information to make more money that's
  • 00:01:49
    why you're here that's why the high
  • 00:01:51
    majority of people are in crypto so
  • 00:01:54
    let's get into some real facts Bitcoin
  • 00:01:57
    had a meteor rise from
  • 00:02:01
    $166,000 a couple years ago it entered a
  • 00:02:04
    bull run one of the first lies you're
  • 00:02:06
    being fed is the Bull Run has just
  • 00:02:08
    started that's BS the Bull Run started
  • 00:02:11
    back at $15
  • 00:02:13
    $116,000 when the high majority of
  • 00:02:15
    everyone in the world was predicting
  • 00:02:18
    Bitcoin to fall significantly more and
  • 00:02:21
    everyone was screaming don't buy Bitcoin
  • 00:02:23
    at
  • 00:02:25
    $516,000 we all know in retrospect right
  • 00:02:27
    now 156,000 was the absolute lowest
  • 00:02:30
    price when we were down at $1 15 and
  • 00:02:33
    $116,000 this is what I had to say roll
  • 00:02:36
    the clip the charts that I studied are
  • 00:02:38
    saying that the bottom is in so if
  • 00:02:40
    you're waiting for prices to dip below
  • 00:02:42
    10K I don't think it's ever going to
  • 00:02:44
    happen so right there in that clip you
  • 00:02:46
    see we clearly said it's time to buy
  • 00:02:49
    Bitcoin the bottom is in 156,000 we went
  • 00:02:52
    on a meteor rise but it doesn't just go
  • 00:02:55
    straight up what Bitcoin typically does
  • 00:02:57
    is it has a powerful move to the upside
  • 00:03:00
    in a very short amount of time and then
  • 00:03:02
    it moves sideways building incredibly
  • 00:03:05
    healthy Market structure methodically so
  • 00:03:08
    in this instance it moves sideways for
  • 00:03:10
    200 days causing everybody to say you
  • 00:03:13
    know what I don't believe that this is
  • 00:03:15
    the real Bull Run I think we're going to
  • 00:03:17
    crash back down they didn't get the memo
  • 00:03:19
    at 15 and 16,000 but these are the moves
  • 00:03:22
    that Bitcoin likes to do what happened
  • 00:03:24
    next we shot up in a short amount of
  • 00:03:26
    time and then moved sideways for about a
  • 00:03:29
    100 days what did we do next we shot up
  • 00:03:31
    in price and then we moved sideways for
  • 00:03:34
    a couple hundred days during that period
  • 00:03:36
    there were two things that we were
  • 00:03:38
    telling everybody and by the way what
  • 00:03:41
    you see happening in today's world
  • 00:03:43
    everyone is saying hey Bitcoin is
  • 00:03:46
    pumping because of the new president
  • 00:03:50
    elect the US elected a president that
  • 00:03:53
    president is pro crypto so crypto just
  • 00:03:56
    entered a bull run and everything is
  • 00:03:58
    exploding that's what you see on the
  • 00:04:00
    news and papers all around the world
  • 00:04:03
    spread like wildfire now keep those
  • 00:04:05
    facts in mind you know what you're being
  • 00:04:08
    told about why this pump is happening
  • 00:04:10
    now let's lay on some facts we know that
  • 00:04:13
    Bitcoin moves sideways for a couple
  • 00:04:15
    hundred days we also know that right
  • 00:04:17
    here in this channel there was two
  • 00:04:19
    things we were looking for number one a
  • 00:04:22
    weekly stochastic rsic cross why what is
  • 00:04:25
    a weekly stochastic RSI cross well a
  • 00:04:28
    weekly stochastic RS I cross happens
  • 00:04:31
    just like clockwork it happens two times
  • 00:04:34
    per year it's not a signal you get every
  • 00:04:37
    week or every day or even every month it
  • 00:04:40
    just happens one or two times for the
  • 00:04:43
    whole year now what does it mean well no
  • 00:04:45
    hype just facts subscribe and relax if
  • 00:04:49
    you look down here this is the
  • 00:04:50
    stochastic RI the stochastic R SII
  • 00:04:53
    measures momentum think of momentum like
  • 00:04:55
    a rocket ship you can't have the rocket
  • 00:04:58
    ship go up into the sky without momentum
  • 00:05:00
    what you need in Bitcoin is the same you
  • 00:05:02
    can't have Bitcoin rise up into the sky
  • 00:05:05
    without momentum so this is how we
  • 00:05:07
    measure momentum now we were looking for
  • 00:05:10
    a stochastic R SII cross on the weekly
  • 00:05:12
    so we're on the weekly chart we throw on
  • 00:05:14
    the stochastic R SII and you're looking
  • 00:05:16
    for the blue line to cross above the red
  • 00:05:18
    line now we got that back on September
  • 00:05:21
    16th when Bitcoin was at about
  • 00:05:25
    $53,000 that's when the stochastic REI
  • 00:05:28
    happened on the weekly however we said
  • 00:05:30
    look there are two things we want you to
  • 00:05:32
    watch number one the weekly stochastic
  • 00:05:34
    Ric cross and number two the two we
  • 00:05:37
    stochastic R ey cross we said for a
  • 00:05:39
    couple hundred days as we were moving
  • 00:05:41
    sideways the only way Bitcoin can make a
  • 00:05:43
    new all-time high is if it paired the
  • 00:05:46
    weekly stochastic RI with the twoe now
  • 00:05:49
    we did say if those two things were to
  • 00:05:51
    happen it's highly probable we're going
  • 00:05:53
    to make a new alltime high however there
  • 00:05:55
    is a warning that we gave to the market
  • 00:05:58
    now do you remember that warning sign
  • 00:06:00
    because we are about to unveil it so
  • 00:06:02
    let's rewind our steps we had two things
  • 00:06:05
    we were looking for a weekly stochastic
  • 00:06:07
    Rai midt we got it at 53,000 but what
  • 00:06:11
    about step number two step number two is
  • 00:06:13
    right here you have the weekly
  • 00:06:15
    stochastic RSI and this is the twoe
  • 00:06:18
    stochastic RSI so we're just on a two-e
  • 00:06:20
    chart we throw on the stochastic RSI and
  • 00:06:22
    you still look for that cross now how do
  • 00:06:25
    you quantify a cross it needs to be
  • 00:06:27
    below this 20 Level and you need to have
  • 00:06:29
    the blue line cross above the orange
  • 00:06:31
    line and that's it so that happened in
  • 00:06:33
    the middle of September so in the middle
  • 00:06:36
    of September of more than a month about
  • 00:06:40
    6 weeks before the election we had a
  • 00:06:43
    onewe stochastic RI and a two week Stasi
  • 00:06:47
    the only two things that we were looking
  • 00:06:49
    for to break out of this couple hundred
  • 00:06:51
    day move of sideways action which by the
  • 00:06:54
    way was remarkably healthy midt
  • 00:06:58
    5354 ,000 we had this cross and at the
  • 00:07:01
    same time we broke out of this trend
  • 00:07:04
    line that we were in for a couple
  • 00:07:06
    hundred days this is another thing that
  • 00:07:08
    we were following that we said hey look
  • 00:07:10
    we're going to break out of this but
  • 00:07:11
    we're not going to break out unless we
  • 00:07:13
    have a weekly stochastic ey in a two
  • 00:07:16
    week so as the whole world is being
  • 00:07:18
    spread with nonsense that it's the
  • 00:07:21
    president-elect that caused this crypto
  • 00:07:23
    boom that's complete BS now is a new
  • 00:07:27
    government and a new esta a lishment and
  • 00:07:30
    a new mindset and a pro crypto friendly
  • 00:07:33
    mindset going to help Bitcoin of course
  • 00:07:36
    but let's be honest when you look at
  • 00:07:38
    bitcoin's entire history we've never had
  • 00:07:41
    a pro crypto government and Bitcoin
  • 00:07:43
    hasn't cared at all it's only been the
  • 00:07:47
    best performing investment on planet
  • 00:07:49
    Earth for 14 years in a row when every
  • 00:07:53
    government in the world was against it
  • 00:07:55
    crypto didn't care so is it going to
  • 00:07:58
    suddenly start caring now no what crypto
  • 00:08:01
    cares about is having weekly stochastic
  • 00:08:03
    rsis which only happened twice per year
  • 00:08:05
    paired with the two we stochastic RSI
  • 00:08:08
    which only happens once per year now
  • 00:08:11
    let's take an honest look at the market
  • 00:08:13
    we had a stochastic RSI cross back here
  • 00:08:16
    when did that happen 156,000 we went
  • 00:08:19
    from 156,000 and we shot all the way up
  • 00:08:22
    here to 50,000 with the two weeks
  • 00:08:25
    toaster ey cross that was in 2022 I told
  • 00:08:28
    you it happens once per year we had one
  • 00:08:31
    in 2022 right here we had one in 2023
  • 00:08:34
    right here and we had one in 2024 like
  • 00:08:38
    clockwork right so the first one helped
  • 00:08:41
    us go from 15,000 to 50 the second one
  • 00:08:44
    helped us go from about
  • 00:08:47
    25,000 all the way up to 74,000 do you
  • 00:08:51
    see a trend here each stochastic RS I
  • 00:08:54
    cross on the twoe time Horizon only
  • 00:08:57
    happens once per year and it marks the
  • 00:08:59
    biggest move every single year but they
  • 00:09:02
    always lie to you usually it's like oh
  • 00:09:04
    Elon tweeted this wink emoji and doge is
  • 00:09:08
    going to explode it's never these silly
  • 00:09:10
    things that the world tries to spread
  • 00:09:13
    these lies into your ears It's usually
  • 00:09:16
    the facts in the charts the problem is
  • 00:09:18
    those are not sexy stories and they need
  • 00:09:21
    a sexy story to feed you so that you'll
  • 00:09:23
    click on it and they can make money they
  • 00:09:26
    only care about making money they do not
  • 00:09:29
    care care about providing you facts
  • 00:09:31
    that's why the news and the media
  • 00:09:33
    Outlets are dying because they're all
  • 00:09:36
    idiots now that you have the facts use
  • 00:09:39
    those facts to your advantage how do you
  • 00:09:41
    know when this run is going to stop well
  • 00:09:44
    it's going to start with a onewe
  • 00:09:46
    stochastic RI cross down which will
  • 00:09:48
    become official when we go below the 80
  • 00:09:51
    level and you need to see the same on
  • 00:09:53
    the twoe chart if you see the two we
  • 00:09:55
    stochastic RSI cross down and the onewe
  • 00:09:58
    cross down and they're both below the 80
  • 00:10:01
    level we're in trouble hit that
  • 00:10:02
    subscribe button no hype just facts
  • 00:10:05
    subscribe and relax this bull run is our
  • 00:10:08
    road to half a million subscribers but I
  • 00:10:11
    need your help today tell one person
  • 00:10:14
    about our YouTube channel how we spit
  • 00:10:16
    facts go against the herd take no paid
  • 00:10:19
    sponsorships of any kind road to Half A
  • 00:10:21
    Millie let's go
Etiquetas
  • Bitcoin
  • Cryptocurrency
  • Stochastic RSI
  • Market Analysis
  • Misinformation
  • Bull Run
  • Trading
  • Investment
  • Crypto Pump
  • Truth