today for the bitcoin price and yes guys the last and biggest bitcoin breakout we have actually seen in the last four years is just in front of us and i want to show you one very easy to understand chart which tells us exactly almost up to the exact second when this break is going to happen what kind of volatility we can expect into what direction and what price target dear ladies and gentlemen If you click today's videos, you are certainly in for a treat. All I'm asking for is smash up the like button. Let's go straight into the content.
I will talk about my multi-million dollar trade. I will talk about my price targets, about my plans, about everything I am looking at for Bitcoin right now. Let's get straight into it.
And yes, you already know this chart. I'm not going to talk about this. I am talking about something which is coining up just right now as we speak.
Let me actually go into it. What you can see here is the monthly candles for Bitcoin. And dear ladies and gentlemen, the higher you go in the time frame, the more you actually have accuracy in the predictability for Bitcoin.
So I really like to go on to the weekly candles, the daily candles, but especially the monthly candles. They have... Very, very good accuracy when it comes to predicting the Bitcoin price.
And here you see the Bitcoin chart for the last 14, 15 years or something, right? Like basically all Bitcoin history we are having on the monthly candle. So every single candlestick represents one month.
But one thing is interesting. We all know that every cycle is somewhat different, but somewhat similar, right? History doesn't repeat, but it rhymes.
What we see in every single cycle is leading up. To the last big breakout leading up to the last parabolic phase, the last phase of each and every single bull market, we have this upward sloping channel. We have a horizontal resistance and an upward sloping channel in every single bull market. And as Bitcoin comes closer to the apex of that channel and the horizontal resistance which is cutting it, the lower the volatility goes and then the higher the breakout actually gets.
And I want to show you quickly what happened the last 14 years actually and then also show you exactly what I'm expecting this year to happen. So you can see of course, first cycle we had this upward stopping channel, not the cleanest one, I agree, yes, but still eventually we broke out the moment, we broke the horizontal resistance, we went into the last phase of the bull market. Same thing happening in the second cycle here.
which was 2016-2017. Slowly upward sloping channel. A very, very clean one.
Actually here, going all the way until the apex. And the moment we are breaking the resistance, well, what happened? The last 6, 7, 8 months of Bitcoin bull market appeared.
Same thing happening right there in 2021. Slowly upwards tilting. The moment we are breaking the horizontal resistance, which is cutting the channel support, well, breakout. last breakout and now we have this long, tiring, almost boring, upward slopping channel which is going on for one and a half years, sideways period here for the last six months. But what you can see, the apex where the last red circle on the right side is, it's right now getting closer and closer. We are in the September candle and the breakout, in accordance to my TA, my prediction, what I am expecting for Bitcoin should happen.
Latest within the month of October. Yes, the month where I have birthday. Historically always an amazing month.
So of course I'm hoping for this one to come true again. But what you can see is the next candle open should be the one which is not only breaking the horizontal resistance, which is in fact most likely going to break and surpass this channel support. So what can we expect here leading into October, which is coming soon? Most likely a break above 120,000 US dollars.
My own personal prediction, my very conservative prediction, would be 140,000, 150,000. But I think even price levels from 180,000 to 200,000 are very possible. Leading into the last phase here, which gets introduced by October the next month, once we are breaking the horizontal resistance at...
70,000 US dollars and then afterwards I'm expecting not more than six to seven months of volatile, brutal bull market with Bitcoin actually reaching new heights. Let me know what you think about that guys. And yes, this is the reason why I'm still in this trade patiently waiting for this freaking last period to finally arrive, right? I mean, this trade is still open with more than $5 million in a profit, the Ethereum trade, 300,000, 400,000 US dollars in a profit.
We are talking still about like 5.4, 5.5 million US dollars in a profit. I will take profits very soon. I do wait for the last massive break towards the upside. Thank you so much for watching, dear ladies and gentlemen.
We are going to see you very soon at the next episode of Crypto as always. Guys, as always, bye. Bye.