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what did you uh attribute the the move down below 80 to just that it it's Bitcoin what do you want uh yes it I I would say what's interesting is bitcoin's not had negative headlines in February but it was down but I know our technician Mark Newton had talked about this being a cyclical downturn in Bitcoin through the end of March so he was talking mid January getting down to 62 um the weekend 105 to 62 that's just Bitcoin yeah it's a typ do the math though it's like yeah in a month 105 to 62 yeah that's a test of the resol people that buy at 105 yeah but as you know Bitcoin makes all of its gains in 10 days so if people sort of try to time this they're going to miss out on a chance for Bitcoin to go back to its highs and and by the end at some point in this year you think it gets because last year you thought it might get to 150 or even higher right yeah I think it's going to do better than 150 this year you do yeah US dollar yes because it's becoming more widely held uh you know if CIT Citadel starts trading it it starts to have more broad acceptance so you have from Tom Lee and we got an announcement today president Trump to make an investment announcement what's this going to be is this going to make the markets shock more up to the upside Stockman lizard is weighing in and he's saying look we fail fill the Gap below we filled the Gap above and we could get a pullback in between here somewhere to where we can see you know a base out sort of a cool off before we have a continuation is that what's going to happen to the upside or Will trump shock Marcus to the downside and right here here's the game plan his personal opinion regarding the short midterm scenario Monday depression like always in the past weeks Asia session red US market open green for 30 minutes then a dump and Monday will close red after today a slow pump back up to 100K hey guys sorry for the quick Interruption but if you're interested in trading micro strategy micro strategy options any other stock out there Bitcoin salana or any other crypto out there you can now do that on Mumu and if you sign up with our affiliate link which we Pinn in the comment section also in the description below when you sign up and deposit any amount you're going to receive up to 20 free stocks and each one of these stocks could be valued at up to $2,000 so make sure to sign up with Mumu go get that free money now let's go ahead and get back to the video so looking at the Bitcoin price at the current time that's recording what do we see what do we anticipate we see right now we're right above 90k at 90.3k in the last video two days ago Sean from the Bitcoin Bros told you we could get this v-shaped recovery and we got it and the level to pay attention to is this level right here 92 now we are getting this sell off right now but you got to look at this candle as one big green candle from 77 all the way up to 95 so you got to look at this as one entire candle and right now we had that 33% retracement so this is definitely just a healthy retracement and can we get back Above This 92 Range could Trump send it back up here with his announcement and can we get some type of price action that looks like this comes up maybe comes back down to retest 92 and what's that going to look like that's going to look like an inverse Head and Shoulders pattern you see the neckline the target's going to have us continue to the upside and go towards the previous highs March back up towards $100,000 that's if it plays out in this capacity we got to wait and see what the market gives us this is on the 8 hour if you look on the higher time frame look on the daily what do we see what do we anticipate per the RSI as you see right here if you just connect the previous Peaks per the RSI you see the daily we've hit our head hit our head this was a fake out came back came back bottomed out and now we are putting in a new potential uptrend could we be seeing bullishness over the next two months and Cayo called this as well he's calling for this inverse Head and Shoulders pattern the neckline continuation up to $100,000 could the next few months get very bullish Bob Lucas is confirming this sentiment once again and he's saying we are now on day three of a new 60-day cycle it's been confirmed so right here the last 60 day cycle look what happened this was around September to November time frame we went from around 52,000 up to that 108,000 ,000 Peak so over the next two months if we get that next run up by the end of May that could take us up to that $150,000 threshold are you prepared and don't be caught on the sideline and right here charting guy we're just in this broadening wedge pattern for Bitcoin we came back and retested these lows a lot of people were calling for lower lows down here big coin Bros bought this dip got into some plays and going to ride this wave to the upside over the next 60 days so that's Bitcoin Michael sailor micro strategy did not sell any shares of class a common stock under its at the market Equity offering program and did not purchase any Bitcoin right now there's still huddling right below half a million Bitcoins so this is an interesting fact because the only time Michael S didn't do anything was when he had earnings because they're not able to but right now he's sort of just chilling out seeing what's happening is strategy strategizing for something different this week you be the judge they're holding almost half a million Bitcoin when will they break that $500,000 Bitcoin threshold strategy right now has had a pump up over the past week you so we bottomed out around 224 and came back up with this pullback in the Bitcoin price action you see that this is pulling back with it as well we peaked all the way up to almost $300 and current time that's recording we're coming in around 264 265 looking at the micro strategy price chart what do we see what do we anticipate this is on the 8 hour we see that there is a bullish Divergence that is looking like it's playing out but we do need some continuation we need get back above all these moving averages and we just need to see some type of sustained rally for this price action now if you look at this and you connect the previous candles like from this Wick down this was a fake out fake out bump and run came back down and retested this down to the Apex are we going to see a rally up to the upside we're not quite out the woods yet for micro strategy looking at the candle right here we did see this Gap right here from close to open over session to session so could we come back down and fill this gap down to about 256 before potentially putting in a higher low and then getting back above that $300 range that's the level to pay attention to because if you look and draw a horizontal from back here where this support was you see this level is the level that we need to hold and sustain right now this was a gap we came back retested came back down when we fell through it we fell through it retested could we get a more draw down before we get to the upside that's what we need to be patient and wait on right now this is the level to pay attention to for micro strategy we Wicked above it but this is on the 8 Hour let's look on the 4 Hour let's look on the lower time frame see if it looks any different it looks like the 4our right now is coming back down to fill the Gap and we seen the Divergence we called this out and we had this run up could this just be a back test of the 20 moving average this 20 moving average moves pretty quickly so could this start to curl back up over the next week get ready to cross over the 50 and 200 so we can see some more continuation to the upside that could be some bullish indication once again we hit our head on this orange line around the 290 292 range we want to get back Above This flip resistance to support and have a continuation to the upside so there'll be more smooth sailing that's what we see with micro strategy and also Bitcoin current time this recording Bitcoin is at 90 how low will this pullback happen what will the announcement be that President Trump is going to make if you didn't buy this dip this could be divine opportunity of a lifetime we're still in this Channel coming up this was the bottom of the channel so we come up and break out of this channel flip the channel from resistance to support to have continuation to put in new highs over the next two months it's looking like that could be a high possibility but if you're on the sideline you're going to miss the potential moves and Tom Lee's analyst is sitting here calling for a $62,000 Bitcoin will we see that happen 62,000 would make this come all the way down to here this would probably be more like bare Market territory and the cycle would be over this is more like a bar Market here if they come down to 62 that means this was the peak and we're going to be in a prolong be market so keep that in mind and with that I'm Shan the Bitcoin Bros you guys like this content go ahead smash the like button if you haven't subscribed to the channel go ahead and show us some love and we appreciate each and every one of you with that I'm out
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