No emergency: Bitcoin still holds $82,000 and the most bullish scenario remains in play; even a close below $82,000 just means longer consolidation within the bull trend.
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00:00 Oh yes guys, welcome back. We are on vacation, but even on vacation, of course, want to update you. People are asking, Ivan, what's happening? Are we going to go to zero? Meanwhile, Bitcoin is still holding the 82. Isn't that crazy? We're still holding 82. So, if we hold 82, you know that it's the most bullish scenario ever. Not the, you know, middle bullish, not the, you know, so so bullish.
00:21 It is the most bullish scenario ever because it means that we broke 82, which was the previous May high. We went to 82 in May and collapsed. Now we broke 82 a few weeks ago. We pumped all the way to 86 and now we're just retesting 82 which was resistance before. Now we're retesting it as support and then explosion to the upside. So all in all guys I mean for what I know we have the most bull scenario still playing out.
00:45 The player base is worried. The play base is emotional. This and that volatility I understand guys. I understand guys. Volatility things don't go up every day. It's actually okay. It's actually okay. So that's what in terms of Bitcoin, we have the most bullish scenario still in play. And would we close below 82 this week? It's not that bad either. I mean, we're still in bull trend.
01:05 It maybe means that we go sideways a bit longer. It maybe means we consolidate a bit longer. But all in all, the most bullish scenario is currently in play. Okay, that's number one. Very important. And I want you guys to understand that because when you look on the timeline, it's depression. Is depression. Although when you look at Bitcoin chart, you see we're we're near the highs for this cycle.
01:24 For this cycle. So that's number one is in terms of Bitcoin. Number two, in terms of alts, should Bitcoin break 86, basically go to new cycle high, it's a very nice riskreward for altcoins because then it means that Bitcoin is opening up for a new leg up and then all of the altcoins of course are going to be running with it. Now, for example, Bitcoin has been down a bit, 5% or so.
01:49 Many altcoins have been down, you know, 10%, 15%, 20%. And so the best time to buy alt is when they flee bullish. For example, Sana fle bullish a month ago or so, two months ago already soon and then pop straight up. Very nice. Uh many other coins bullish already at the beginning of September. Uh so the best time to buy also when it bullish. But the second best time [clears throat] is when Bitcoin goes above a significant level and opens up for a new leg up.
02:15 So let's say we are at 86. We go above 86. Then ensuring that you have all the no-brainers whether it is Sana, whether it is Zcash, whether it is Hike, whether it is Venice, I mean all the near near all these no-brainers just that you have a nice bag of them. Fantastic. Fantastic. That's number one. Number two, there are some new flips that have been doing quite okay because they have a very good chart.
02:38 For example, TIA on Monday in Bullmania. We did discuss TIA in our private weekly TA because uh it went bull flip. it had massive massive massive pump to any kind of previous resistance and now it's up approximately 20% since then. So just one call that is very important to highlight in terms of how the chart looked and even I think we even discussed it publicly uh on YouTube as well that the chart looks quite good in TIA.
03:04 This was early this week and yes indeed TIA has been doing very very well. Some other bull flips that did happen had volatility. Whether it is Pangu, whether it is I mean a few other ones when they went bullish and then went down pretty fast because Bitcoin went down. It can happen. But that's where we have mechanical rules, we have stop loss, boop, we're protected.
03:23 And should the market return, we have new entries. swept and there are all kinds of other charts that are going to go bull or we can enter existing charts that also look good based on other things such as for example Bitcoin going to new cycle high or the lower time frame for example daily trend going from bull to from bear to bull uh all of that is going to be very important to nail as bitcoin bottoms out somewhere here and goes higher and higher should bitcoin fall below 82 no problem no problem um it's okay probably
03:56 will mean that allins are going to dump a bit uh but uh downside is protected with stop loss very good uh probably will mean that bitcoin maybe chops a bit sideways it's also good because you can think positively means that you can buy cheaper you can buy you can accumulate more at the end of the day they print money every day and the end of the day there's no no other solution resolution for bitcoin than eventually up eventually there's no other way so guys smash the like subscribe go to the newsletter first link in
04:26 description. Uh whenever market moves I update you and when market dumped a lot a few days ago I also I gave you an email. Uh ensure you are in the newsletter. Meanwhile meanwhile over here taking sun taking coffee is very nice. It's very nice. Hold it. It's very nice. Sometimes say very important. Touch grass. Touch grass. You are in your vacation. Touch grass. See you very soon. See you Monday. Smash the like. Go to newsletter and goodbye guys. Goodbye. Goodbye.