BITCOIN: IT'S FINALLY HAPPENING... *watch within 24 hours*

Bitcoin is officially breaking out and while this is happening we're seeing that the Bitcoin dominance is seeing an exact rejection from of this very important level of resistance so on today's update video I will be talking exactly about what this breakout means for Bitcoin what this rejection means for of course the entire altcoin Market what is happening overall in the last few moments and much more important information about Bitcoin about the ETFs and altcoins and much more so without any further Ado don't forget to once again slap up that like button back above 1,000 likes

that will be highly appreciated and with that of being said let me jump straight away in towards the content So currently we're seeing that Bitcoin was creating a major symmetrical triangle where basically what we were looking at is at this upward sloping support line Bitcoin created right here you can see that Bitcoin bounced off this level many times in a row as well here and actually at that point we started to create a symmetrical triangle and we were looking at the potential breakout that to be happening anytime soon here we were looking at this downward

sloping resistance line where we got rejected from multiple times in a row and we actually of course Broken above the level and now what I think is going to be happening next year is for Bitcoin to see a retest of this level before then seeing a continuation because that is usually what tends to be happening on such breakouts and actually Bitcoin exactly BR Mo the support level where we were talking about and honestly that is just a very great prediction because I I always said here that it is likely that Bitcoin will continue to bounce

on this level and of course if we do break below it then is the confirmation we are going to be actually heading lower but like you can see we have never seen an actual confirmation below that level so Bitcoin if I'm just zooming out here I mean yes we're seeing a breakout right now here but I do really really want to be pointing out that if we're just looking at such consolidation phases we are also just looking purely as how is it looking on the bigger perspective we are seeing that clearly we are still creating

an higher low structure but on the top side we could still argue okay we are potentially still creating a lower high structure so maybe this breakout is not clearly confirmed but yeah we are breaking that downward sloping resistance line of course here and what I want to be seeing next year for that major continuation higher is basically a break Above This previous high right here because you can see right now at exactly this previous high in the market is actually the high that is giving us all those rejections and if we see that confirmed breakout

Above This level that will be for me the confirmation that we are actually going to be heading higher for the price action of Bitcoin off that point as well so Bitcoin is looking great here but we're just still in the midst of this consolidation phase here then yesterday we saw some major inflows coming in again here on the spot ethereum ETF and actually that is just the thing I'm very excited for because we can clearly see black rock has got very very interested in those etherium ETFs here and if I'm looking at the Bitcoin dominance

it is also starting to reverse quite quickly ethereum is starting to show a lot of strength on the breakout right here and I have said this multiple times here I've said it multiple times and if I'm just looking at the Bitcoin ETF yesterday we didn't saw a lot of inflows we saw actually Black Rock for the first time in a lot of days here by nothing but still we're seeing $223 Million worth of inflows and yeah I saw a tweet recently as well here is that Guys these dips that we're creating in the market right

now are just getting bought up quicker and quicker due to SP Bitcoin ETF here and that is just a thing I am very excited for and so far they have already managed to buy 35 billion US worth of bitcoin and honestly with their new strategy and with the new ethereum ETF and with the clear signaling that they're buying a lot here I am very excited for what is about to be happening next year because ethereum is having a major breakout altcoins are starting to be pushing up higher again here and that is ultimately going to

be pushing the market much much higher then also I want to of course completely transparent whenever I do think the Bitcoin Market top is going to be in here and whenever I do think the market top is going to be in you will be the first one to know in this channel because I'm going to be completely transparent and I'm also going to be telling you whenever I am exiting the market I will probably not time the exact up here but what it will do is slowly let it out in the market and that way

I will be maximizing my profits especially with some of these altcoins that I've called all they are already up like three to 5 x here ES especially etina I called it around 25 cent Here and Now is sitting at $110 and honestly with those altcoins as well I'm just slowly taking some profits out of the table and honestly if it still goes two weeks from here on I will definitely go completely out here since then I made a 10xs with those calls so if I'm also looking at Bitcoin right now here in terms of where

we're sitting I mean all the data is still suggesting we're going to go higher so that is why I'm not aggressively taking profits yet here I mean if you're just looking at this signal right now here you can see that the bull market of 2020 and the bull market of 2024 they align with each other quite quite heavily and you can see that we have seen similar consolidation exactly around the previous ultim ey in 2020 now exactly at $100,000 and honestly it is just likely that we're probably just clearing sell orders right now and whenever

we are through it we're just going to be flying much much higher and you can see it also right here zoomed out a little bit more here but just moments after that we have seen a big continuation higher which I am very very excited for here but before going further in the video I quickly want to be talking about an opportunity for people to spend their crypto here because I don't know if you already signed up to buybit but if you haven't don't forget to check it out in the link description of today's video because

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to be spending some free crypto don't forget to check it out in the link description of today's video further on I want to be going deeper in the video and discussing basically that historically speaking December is actually a great month here and let me explain why here because December has got the Christmas effect here and if we're just looking at Hing years and where Bitcoin is standing at Christmas usually around Christmas Bitcoin goes very exponential and why is so and with Christmas of course you're going to sit around the table you're going to give your

family members fomo about Bitcoin crypto you're going to educate them because you've got a lot of time to spend together with each other and then usually we see a lot of buys coming in in the market this is what we call the Christmas effect here and it is likely to be taking place again here this Cy right here then also like I said earlier whenever I think the market is going to top out I will let you know here but the Bitcoin bubble index is currently not showing us any signal of an exact bubble right

now here but whenever this is starting to increase here whenever this signal is starting to say okay now we're maybe in a bubble you will be the first one to know here and like I predicted yesterday the fing rates went negative it was a very bullish signal what which I said in the market and exactly after that right now we have seen the prices increase quite heavily big coin bouncing from of the 100 EMA butly one of the most bullish things I'm currently seeing is of course the Bitcoin dominance breaking down right now here seeing

that retest and just ultimately if we're just looking at altcoins we are right now exactly on the right timing of that altcoin season and that just makes myself extremely excited about the market and I've said it many times before here ethereum is usually like Laing a quarter behind Bitcoin so likely q1 2025 is going to be extraordinary in terms of performance for Bitcoin is likely going to be extraordinary for performance of ethereum and yeah if I'm just looking at this chart we're starting to see the breakout I think that we're likely heading towards new Tim

highs and this is going to be of course elevating the entire altcoin market so I'm very excited I'm very bullish on the market in general and with that being said guys this was it for me in today's update video I truly hope you did learn something from it if you did don't forget to snap that like button subscribe to the channel and I'll see you guys on the next one peace out goodbye