Home Trends BITCOIN SUPPLY SHOCK BREAKOUT DATE REVEALED!!!!! COUNTDOWN TO BTC PRICE SHORT SQUEEZE!!! [dogebtc..]

BITCOIN SUPPLY SHOCK BREAKOUT DATE REVEALED!!!!! COUNTDOWN TO BTC PRICE SHORT SQUEEZE!!! [dogebtc..]

by smart

boom shakalaka it’s happened you have exactly 24 days left to stock up on as much bitcoin and all coins as you can before this rocket ship takes off for the moon today’s video we’re gonna take a look at exactly why stay tuned what’s up everyone randall here from crypto love today’s video we are taking a look at why you have only 24 days left on average before this rocket ship takes off for the moon before we get into that guys make sure to like subscribe click the notification bell also come join us over on twitter at the crypto love where every week we give away one of these sweet shirts and today’s video is sponsored by dogebtc so stay tuned until the end for a full review of the project now this chart here is shocking and guys something just happened with this chart you literally the time is ticking down but we’re going to get into this in a little bit because first we’re going to take a look at some other charts now trading shot over on trading view saying hey bitcoin triple bottom formed if you look in this purple area right here we can see bottom one back here on may 19th bottom two back here on june 22nd bottom three just happened on july 20th now a triple bottom would be stronger than a double bottom we would think and we’re coming up to the same area this resistance zone and this purple line right here which is very important the one day ma50 you can see this on the chart it’s a blue line right here we’re coming right up to the one day ma 50. now not only that but he took a look here this is back from july 15th but he says could january be the 2021 low and if you guys remember back to january bitcoin was at 30 000 could that be the 21 low it was actually 28.8 okay now he takes a look back at all the previous januaries and it turns out that when the rsi was above 60 in january four out of six times that was a yearly low excluding 2020 due to the coveted anomaly so except for in 2018 and also here in 2013 the rsi was above 60 and the january was a low so 4 out of six times that means five out of eight times five out of eight a little more than half chance the more than 50 chance of january was the low potentially we could see bitcoin creeping a lot higher because if we take a look at the fundamentals behind what’s going on with bitcoin right now we could see the bitcoin realized cap tracks the aggregate value of all coins at the price when last moved it rises when coins are spent at a net profit and declines when spent at a loss since mid-may the market has absorbed a 15 billion dollar net loss you could see prices come down significantly but it’s somewhat finding a floor most recently and if we take a look bitcoin short-term holder mvrv measures the deviation of price away from the realized price so short-term holder losses so very low values indicate short-term holders are holding coins significantly below their acquisition cost and as we can see here we’re back in the green now every time previously that bitcoin was in the green that signals a very good buying opportunity when it was in the red or close to the red a very good selling opportunity so the total bitcoin price in the market has completely reset not only that but the over-the-counter outflow rsi showing the strongest bitcoin buy signal since july of last year july of last year bitcoin was south of ten thousand dollars before six and a half x this indicates buying from institutions high net worth individuals so it also means it’s a great buy opportunity and likely what is going to happen from crypto con here bitcoin short squeeze to 40 000 likely so if we take a look the bitcoin price is low the leverage ratio is on par with the peak in march and april way up there also the funding is still slightly negative indicating higher short interest than long so likely a lot of those shorts are going to get squeezed and as we see right here it’s already beginning 10.2 million of bitcoin shorts liquidated in 10 minutes and just getting started there’s a supply squeeze the reason that this happens is because most of the bitcoin supply gets bought over the counter it doesn’t affect the price on exchanges but a lot of people leverage trade short bitcoin do other things like that on exchanges and once the flip the switch flips then all those shorts get squeezed and the price gets higher and higher and higher because they have to pay for their shorts at higher prices so that brings me to this chart right here this chart is freaking amazing so a couple things happen on this first thing is down here in the rsi we’ve been watching this for a while so the rsi you can see very clearly has broken above this trend line and this happened two times previously in this bull cycle first time it happened was march this blue dotted line had you have waited and bought this blue dotted line you would have gotten like 200 percent gains had you have done it this one you would have gotten 650 gains well this one who knows what could possibly happen but that’s not the only thing that’s happening right now because like i said in i believe it was this chart here no this chart here yes this one day ma 50 is very important and we can see it this blue line right here we’re under the one day ma50 well both times these yellow boxes as you can see bitcoin was below the one day ma50 we had a break in the rsi and then the first time 27 days later at this red line it broke the one day 50. the second time we broke the rsi 23 days later broke the one day 50 and then this time on average it would be roughly 25 days or august 17th when we are likely to break the one day ma 50 based on historical results and after both of those things happen so after breaking the rsi and the one day ma50 the first time you got 80 returns second time you got 502 percent returns who knows what’s possible for this time because hey if it keeps increasing that same amount bitcoin price is going to go up like 35x so i don’t know if that’ll happen but that’ll be pretty incredible so guys overall bitcoin is looking absolutely insane absolutely exciting every single buy indicator is saying buy right now and this is only for bitcoin this is for all coins too because bitcoin goes up and then all coins go up alongside so if bitcoin fundamentally is this poised to go up guess what all coins are likely to do that too which brings us to the end of this episode so make sure to like subscribe click the notification bell if you did enjoy and onto the sponsored review of dogebtc you could find out find their website at dogebtc.finance and granted this is a sponsored review so clearly do your own due diligence before investing but i’m going to give you an overview of their project so a new era in the doge hype you can earn bitcoin while holding doge btc so you buy dogebtc you can buy on pancake swap and while you hold dogebtc you actually earn bitcoin or btc b which is a binance smart chain version of bitcoin now how does this happen well with each transaction what’s happening is that there’s a slippage you have to select your buy slippage to 15 percent or your sell slippage to 18 percent and 10 percent of that transaction goes back to be paid to the holders in btcb bitcoin pretty interesting so yes their distribution is bitcoin 10 will be redistributed among our community so as of right now they’ve already distributed 5.8 for btcb or 5.84 bitcoin worth roughly 200 000 dollars and for those of you guys who are interested this guy here v easy does it he says earning bitcoin is better than mining rigs he made seven hundred dollars in four days on dividends he would definitely put ten thousand into the real doge btc so clearly it worked very well for that guy now if we go on to look further why invest in doge btc swoop so they have zero team tokens they have an experienced professional team according to them they have 10 bitcoin distribution 5 percent marketing wallet anti-dump and anti-whale and you can go ahead and take a look at this desert swap audit and i would recommend reading through the audit for anybody who’s interested in buying because there are a couple of things like this one right here they have javascript errors on their website and clearly i didn’t do an audit of their website but i do know that javascript errors can potentially be security vulnerabilities so that’s one thing where why they wouldn’t just get another audit kind of i’m curious about that but as to their progress they’ve made a lot of progress so they’ve launched your website they’ve had the pre-sale launch multi-channel marketing advertising campaigns ten thousand telegram members desert swap audit pancake swap listing thousand plus holders million plus market cap coin gecko listing now in terms of growth they have their coin market cap listing and dividend dashboard with total and user statistics so you can see here if you hold dogebtc you can check out your dividends right there which is pretty awesome for anybody who holds it but some things that they’re doing in the upcoming future white paper release 10 million market cap 10 000 plus holders 25 000 telegram members block folio listing trust wallet logo and then also they have continued growth from there now previously they did say they haven’t experienced a professional team and that may very well be true but it’s very difficult to actually know when the whole team is anonymous so they have ceo lead dev marketing specialist and lloyd in terms of social partnerships like most of the coins we don’t know the team behind it you just kind of have to trust them and hope that they have your best interest in mind uh faqs on the website so what is doj btc the new era in doj type earn bitcoin while holding doge btc yes our distribution is bitcoin 10 percent will be redistributed among the community so they give back to the community very nice you can buy it on pancake swap make sure you click the settings icon and set slippage to 15 because like we mentioned 10 percent gets redistributed to the community and when you sell you need to set the slippage to 18 now the btc rewards grow automatically so you just need to hold sit back relax watch your wallet grow a minimum of 200 000 tokens is required to qualify for dividend distribution now at the current time of filming the price is point four zeroes and then two five which makes it roughly five dollars to hold two hundred thousand tokens and so therefore you can just buy it earn your bitcoin join the community this could be one of the next doge type tokens so they have telegram they have twitter they have everything there you can go and find out so some other things i just want to take a look at taking a look at the price it seems like initially the price ran up and then has come down bounced pretty significantly off of this area this 1600 bounced right off of there and is heading back up and some other things they wanted me to talk about in this so uh the reflex are earned in bitcoin so that’s very interesting hourly reflections automatically are distributed so you just basically sit back and relax they have instagram and ticktop campaigns with influencers major celebrity to be announced based on community votes and input purple iphone giveaway starting and now listed on coin market cap so all of that going on for doge btc finance thank you very much for sponsoring the episode make sure to check it out and like i said take a look at the audit and do your own due diligence before investing but it’s a very interesting idea that you can earn bitcoin while holding doge so thank you very much for sponsoring the episode i will catch you all later have a very good one peace


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BITCOIN SUPPLY SHOCK BREAKOUT DATE REVEALED!!!!! COUNTDOWN TO BTC PRICE SHORT SQUEEZE!!! [dogebtc..]
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