URGENT CRYPTOCURRENCY UPDATE: Bitcoin Whales ARE STILL Taking Advantage of Retail Crypto Investors [Plan NOW]

I'm Ashish, and I'm here to help you with your hopes.a free cryptocurrency update

The whales have launched again another attack on individual investors, this time with more Bitcoin China Mining FUD.
In this video, I show you how to spot this in the charts [Wyckoff Method] and why I believe NOW is the best RISK vs REWARD opportunity I've seen on Bitcoin in over 6 months!

#cryptocurrencycrash #ethereum #alternativecoins

Bitcoin Whales ARE STILL Taking Advantage of Retail Crypto Investors

We'll take a look at bitcoin and other cryptocurrencies.Today, we'll look at cardano and ethereum.
We've got enough of it.extra dump, but there are encouraging indicators what we're seeing right nowI'd want to discuss a couple of YouTube videos.videos that have surfaced from other sources channels of communication just to get some of the nonsense out of the way clarify what's going on in this situation, and then refer to it

Back to the chart, so make sure that you like to subscribe to the icon to the channel bell message for returning subscribers. You'll note that this is a slightly different settings, I'll get my bureau covered with better audio equipment. So just wait for new people to come to an end, don't worry.

Without further ado, let's get into what I've got here, and I'll start with Twitter, where I posted this only a few days ago. This is an article that will at least some posts that came out of someone anonymous on 4chan and basically it's telling us what precisely was going to happen at the same time some people believe it, but I don't.

Feel it or not, I believe it's just manipulation, and it's simply like being a few steps ahead of the game. This was brought to our attention by Alex, and I appreciate his channel. If you can look past that and love his channel, go ahead and subscribe to Alex Becker's channel. big views on this video here wales leak essentially just looking at it as if we're two or three steps ahead when these things come out so if they're publishing this is the place to be.

The whales are manipulators. If they're posting this kind of stuff online, it's obviously for a reason. That's why we use the Wyckoff method to see what the whales are doing, and we've been very good with it so far. You're probably familiar with another wyckoff method video that's gone viral on youtube, so if you take the time to learn about wyckoff, you'll be OK.

Let's keep buying despite the fact that it's in the charts and the news that's been coming out on YouTube.
Buy the dip, purchase the dip, buy the dip, the news, the manipul
The risk to reward ratio is something else I'll discuss. I've also stated on Twitter today that this is the best risk reward ratio I've seen on bitcoin.

from December 2020 onwards Some people are asking what that means, so we'll look at it on the charts as well. Guys, if you haven't already, please subscribe to the channel. Thank you very much for your comments letting me know that you're following along with the technical analysis and you're learning a lot and making gains, so please let me know in the comments because I read all of them even if I can't respond.

So these are the subscriptions that I'm looking at, one from Sheldon Evans and then basically alex Becker's video here. Sheldon's gone over some news here, but fundamentally we want to get an understanding of what the news means on the chart, and I bring up Sheldon's because he's always got some nice news here. What's going on with the crypto market? Here are the components that have to do with the manipulation that Alex has mentioned.
We're three steps ahead of the pack, which means if they tell us what's going to happen next, we're going to go.

short, and then slamming it down to 25.
People will say, "All right, let's do what we're doing," and we've seen it happen before. Don't forget what happened with dogecoin going to a dollar; it never happened. Don't forget xrp in February; it was supposed to be going up hundreds of xs or whatever was going on at the time, but remember what happened just a few days before, even a few hours before.

What I see here on the chart is that we were looking at many of these days here in particular the 18th of April this is all white cough method and the 18th was a big day if you're new to that and haven't heard me say it before go back and check out all the videos but for the returning guys you know why this is so big it's because the market sentiment changed on that day we can tell because the volume was and I'm not expecting to get back on my feet anytime soon, especially after what seems to have become a catchphrase of mine around here, which is 11 days down.

Everyone was buying these dips all this period here was by the dip by the dip by the dip and this was the tell tale sign that we were going down so we've covered this many times we knew about that I wasn't buying I wasn't sure if we'll get to this 70k because this was the time in the media in the social media that it was let's go to 70 we're going to 80 it's happening we're getting there so we've covered this many times we knew about

I'm talking about it because I don't think they realise that when I look at a chart, I'm comparing it to price and volume, so pay attention to volume because that's what the big money is doing, so pay attention to volume, which is down here. We had the tremendous crash a few of days ago, and we're online looking at it now, but what we've seen today is that the market just closed about half an hour ago, and we've got to close practically dead on our 50 level, so 37 300 is what I was talking about on twitter just a couple of days ago as we're looking at it.

We got this close on the 19th, and then we closed above it, and we've seen another down day, but we haven't gotten anywhere near as close to the scare, the capitulation day, and that's the important part to note. We didn't get to our 30k level, but we did get to 33 and a half k, but think about the news that's out today about China banning bitcoin mining, and that's the news that's out today about China being

Even with the bad news, we didn't get lower. If you're not following a chart and looking at where the highs and lows are, you'll probably miss this. That's why, even if you're not a chartist who has been following markets for years or months or you know have some experience, you'll probably miss this.

We can bring those out here if we look at where the lows are, which is where the wick dipped down to 30. We're currently at 33 and a half, so no amount of terrible news could get us that low, which is significant, so we'll keep an eye on the market from here. Now, with this extra crash that I'm going to bring back to the bars, there's one thing to keep in mind.
We're going to look at the capitulation that occurred in March of 2020, even if you weren't a cryptocurrency investor at the time (which we know the bulk of people weren't because these were the lows), you should remember what happened in the news. Everyone in the globe should remember what happened in the news in March of 2020. This was the final chapter.

Everything started shutting down flights, airlines couldn't run supply streams, supply distribution chains were getting cut off, and it was supposed to be the end of the world so at this point what happened that was the low then we had a couple of days of trying to figure out what was going on just letting the dust settle then we had a few of days of trying to figure out what was going on just letting the dust settle then we had a couple of days of trying to figure out what was going on then we had a couple

The market never saw that price again after that, and that's the important part. Tons of volume came in, and all of the support was coming in at around $5,000. It dipped briefly to $3800, but quickly returned to the $5,000 range, and it only spent a few hours in the $4,000. Why am I focusing so much on the covert crash is because this is the closest thief to me.

remarks, but I believe a global shutdown would be considerably more severe than China's prohibition. mining bitcoins
Now let's get back to where we are all the way back here in uh currently in may I think this is a very good opportunity to be buying more bitcoin i'm not talking about other cryptos at this time we need to take them case by case and bitcoin is the god market so we're going to focus on bitcoin what i'm looking at in terms of the risk

So November late November early December risk reward just means what is the downside compared to the potential upside so I see the downside from December just to these these levels at this point here so I saw it maybe 30 at worst just coming back to test these old highs and then probably more so this little peak here in the thirteen thousand dollar level so somewhere around thirty percent do I see it coming back to test these old highs and then probably more so this little peak here in the thirteen thousand dollar level so somewhere around

I didn't think this 4 000 level would break, and we have to use extreme figures here on bitcoin because it's a new market that fluctuates a lot, so if we're jumping in on the breakout, which is the momentum move, we'll purchase when it reaches 20 000.
Most people want to do that so that they aren't sitting in a profit or loss for a day or two, and that's what rookies understand, uh they just want to make a profit as soon as they buy something, but prices can go down, and they will, so don't worry about it, you just want to look at what your options are.

Risk is so that you know a level that you are comfortable for the market to go down to before turning around or a level that the market will go down to and crash through and you say look, I'm out because the conditions have changed okay so this point it can go a lot further if it crashes through that low you're screwed you know 80 off but I highly doubt it so you have to take these measured risks.

You'll be able to look back to the black and whiteness on that paper when you made the decision at the time with a clearer mind if your mind is not clear you're going to screw yourself in either situation so there's a downside upside we just can keep drawing this line up you know there's call for it. Let's take the chart all the way up to 100 and 200 000. This was the point of ingress. At roughly a 400 percent gain, 100k is right around the corner. Is it approximately 900k or 200k? Let's take it a notch higher, shall we?

Let's go for a thousand percent return, which is 220k, so the upside is big compared to the downside. Now let's get back to where we are at roughly 37 000. There is still room for downside here at 37k. Let's say we go back to this bottom at 30k or 28800. We break through that and things get extremely awful for a long period of time, another year at these levels, and then we move back down to test the swing before we broke out, which is around 22 23 k 38 down now if we go back to the previous high, the old bull market high of 20 000, which we also saw some resistance on.

We don't test the lows of that region in December, so it's a 48 loss. Okay, 52-ish percent, we break through that, and we're testing everything here so that we have a plan. This is how I'm putting together a strategy to obtain our grasp of a risk reward downside to that 67-70 percent all right, that's what we're looking at from the December period downside to those highs 40000 to below those highs 50000 to these lows 70000. We're halfway between our 20-30 and approximately 70 percent, so something fundamentally has broken in the market. If we take out those lows of 4000 or even these lows in the 20s, something fundamentally has broken in the market.

For the time being, it's not a good position to be in, so if the market continues to consolidate around those low levels, that's what I'm referring to when I say this is the best risk-reward scenario I've seen on bitcoin since December 2020.
Let's use a clearer chart these levels up here where the purple is this is where retail is buying because they keep buying when the news is coming out so that everyone feels safe the retail work like sheep they go in herds and they just keep buying up into these highs and then they get dumped on then they keep buying these levels up here where the purple is this is where retail is buying because they keep buying when the news is coming out so that everyone feels safe the retail work like sheep they go in herds and they just keep

Highs appear when everything appears to be in order, and they are dumped on, so you hold these positions between 50 and 60 000, and then this happens down to 30. It scares the hell out of you, but if you're seasoned and can manage your nerves because you've got a plan, then the downsides aren't going to scare you as much as a 20 or 50 drop to these highs, so this is the real downside that I see, but now we can see an upside into the same areas that we've been looking at since December.

if we go to 200k, bring this out so we're at around 37 grand come up to 200k 430 percent a little higher like we're looking at around 220 480 so somewhere around 400 500 that's far better returns than if we were buying like the sheep were at 58k buy all those dips up there 57k up to our 100k will only give you a 70 percent so you're looking to make 70 up to the 100k with a potential downturn. Remember that buying those highs with the downside risk is not a good risk or rule, and I'm saying that since there was no retreat in this entire region.

So there will always be a pullback and it won't be this super cycle where we never see a bigger down than 40 nonsense absolute nonsense and it just keeps people buying the highs so buying at these levels then up to 200k 240 so you have to hold on a lot longer with a lot less risk oh sorry a lot less reward because now that we can buy at 30k we've doubled our reward at the same price.

So that's what I mean by risk reward, but there's still risk, and you just have to be comfortable with it, so don't put in more than you're willing to lose 50% of, and that you can sleep at night, and that you're not going to say, "How much is this price going to be at the end of June because I need to take it out to buy a car or a house or pay tax," because that's not the way to plan out your finances.

Through these areas which you can find on my instagram so go and follow my instagram twitter as well you can follow that if you don't have it news it's so much easier to get quick news out to you guys over there and then on instagram I answer your questions as well so that's bitcoin that's where I was buying for my retirement fund my super fund because I could see that this was massive capitulation so that's bitcoin that's where I was buying for my retirement fund

and waiting for it to break some highs different plays here you have to be comfortable with either now before I go let's take a look at kadano and where it's sitting we're at a dollar forty a dollar fifty-three and the benefit the beauty here is that we're still consolidating above the old highs so that's what I wanted to update you guys on for cardano it's still looking OK we're bouncing around Keep an eye on your charts because we're still above these old highs. Now, have a look at ethereum, the other huge 2400. We've fallen down again, not looking as strong as cardano, but at least we're still within these zones and we're not breaking back into the 1300 to 2k zone.

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