Welcome back into another 99 Bitcoins Video today we're exploring Bitcoin we Can look at a price prediction here as Well as some insightful news in the Market behind all the smoke noise and Turbulence um we're going to explore Bitcoin here so things aren't looking Choppy it's the L Classico it's the Little sell-off that we're seeing here Where new entrance to the markets are Shaken out of their position they sell In a loss then Bitcoin may even pump Again very soon and they end up buying Back in a loss you know the the El Classico scenario over here so I just Want to talk about Bitcoin should we be Worried what do I think is going to Happen in the upcoming days weeks or Months for Bitcoin as we have still got A 1.25 trillion market capitalization so Things are still looking you know pretty Strong to be fair looking at the clock We've got 35 days 5 hours roughly until The Bitcoin harving the massive Historical event here where of course It's going to increase scarcity and make Things more difficult in terms of Getting more injectional Supply out There so overall it's a very good thing Right and just looking at what's going On in the market some simple things have Happened recently uh March 19 this was Just literally an hour ago Michael Sailor acquires more Bitcoin another
9,245 Bitcoin for just a very mediocre $623 million using proceeds from Convertible notes and excess cash so This is crazy he's B his average bitcoin Price down to Uh 3 5.1k right there so very crazy That's a massive acquisition and also Additionally you know things are Happening behind the scenes world's Largest pension fund seeks information On bitcoin under portfolio Diversification plan so this is Japan State Pension Fund the gpif which is Seeking information about Bitcoin as Part of a broader strategy initiated in Response to significant economic and Societal changes as well as Technological advancements so pretty Cool here to see Japan of course Dabbling into the crypto world and it Says the government pension investment Fund which has $ 1.4 trillion in assets Under management requested data on Potential investment diversification Tools such as Bitcoin and precious Metals like gold which the company Considers a liquid and does not Currently hold it said on Tuesday so This is of course another bullish thing Um based around Bitcoin so um what do I Think is going to happen with Bitcoin I Do want to kind of share my thoughts and I know a lot of you say speculation you Know isn't a great thing but overall
Fibonacci don't lie relative strength Indexes don't really lie um what else Happened by the way some crazy thing on Bitmax Exchange investigates flash crash That sent Bitcoin to 88.9k literally Just over the last few hours Bitcoin Fell as low as $9,000 on some exchanges due to Aggressive selling Behavior they're now Being investigated around this crypto Exchange bitmex said it is investigating Unusual trading activity including Possible misconduct that led to a flash Crash in Bitcoin on its platform Yesterday the price of Bitcoin against Tether us CDT stablecoin fell as low as 88.9k on bitm so someone could have Maybe picked up a Bitcoin for $9,000 where you know that's complete Arbitrage um whereas you know competitor Exchanges whilst you're always going to Have these slight differences in prices I mean this is no slight difference this Is a an astronomical difference which Could have allowed someone to buy 10 Bitcoins really really cheap and then Flip them on another Exchange so I'm Sure their you know assets would have Been frozen or something like that in That sort of scenario but really crazy Stuff over here um Bitcoin on the year Look at this let's just reflect you know Let's just reflect on what's happened Already over the last year from May at
27.7k where you're just kind of like Getting bored The Bu The Bare Market is Not really doing a lot bitcoin's up it's Down it's up it's down but now we are in That Euphoria we are in of course a bull Market this is no lie uh we went into Price discovery we hit $73,000 and this is you know of this Overall run of this uptrend that we are In we have already seen Bitcoin make a Correction so I just want to also state That I want to put that out there first Bitcoin has already had a 21% correction It happened earlier this year in January 2024 so we already had a 21% correction What we're seeing right now is another Little ShakeOut in the market this is a 15% correction so this is nowhere near As malicious as as you know crazy as the Other one I think just because we hit That alltime high recently it feels a Little bit more daunting like oh no We're actually crashing sort of thing But in the last round where we had that Crash it came back down to 38k that 38k Was a good DCA opportunity that was a Good time to potentially grab more Bitcoin over there now do I think Bitcoin can potentially pump again Before the Bitcoin harving I think Absolutely especially if it can hold This particular support region of $62,000 I think it's POS to see another Reversal here a bullish reversal here um
For Bitcoin maybe if it did this it Would actually start to look like an Ascending triangle which is a bullish Reversal pattern anyway and um if we did Get that breakout and if this was the Bottom here the local bottom for Bitcoin We're looking at $80,000 before the Bitcoin harving so $8,000 could potentially happen and That's on the 1618 the 1414 presents 78.6k the 2.6 Fibonacci would give us a 92,000 dollar price Target and why I Think that's possible if you just look Back in time over here at these last two Highs that we had um this would take you Through this yellow line This diagonal Resistance and if we then quickly switch Up our logarithmic regression chart you Can see this takes us through to around The sort of a third through the upper Tier of the logarithmic regression chart So $92,000 for Bitcoin I think is a 100% Realistic price Target in the upcoming Months and weeks um and this is overall Bit of a ShakeOut we're back through Below the resistance of 64k which is of Course where we were sitting at in April 2021 in the highs and it just doesn't Even feel that euphoric at the moment it Doesn't feel that euphoric we did hit of Course Very Peak RSI on the weekly Sitting at 87 and if we go back in time Into 2020 time we actually hit 94 in the RSI um but things just look different
This time around we had a bearish Divergence last time on the RSI where The RSI creeped down but the price for Bitco coin actually went up again you Can see that the RSI was going down in 2021 but the price was actually Producing higher highs whereas sort of Today you're getting the RSI kind of Come up more and I think there's even Space to see the RSI go higher again um In the upcoming future so could see a Sell off could see a correction but I Think overall even if we see $50,000 Happen $50,000 will still put us in a Very healthy State $50,000 happened the 2618 would then be $110,000 price Prediction so effectively the lower we Come down the longer we trade sideways The longer we have a a new median a new Fair value the higher Bitcoin can kind Of go the quicker this all happens the Lower the over alltime high potential is For Bitcoin in my honesty opinion here So I think Bitcoin could pump once again Um fear and greed index looking at $79 dollars gosh 79 on the indicator Here for the fear greed index now if You're also looking to come hang out in An awesome Community Check out my Discord Jacobs crypto Clan uh 25,000 Members in it now if you want price Predictions on bitcoin altcoins all that Juicy stuff we've got the VIP chat where Guys are trading hustling enjoying their
Time here in the crypto space and you Can also see just looking at the overall Community people are winning they're Winning um even through the blip of the Market people are still closing some big Trades so if you want to just enjoy a Community talk about crypto talk about News talk about Bitcoin check out my Discord right down below and yeah Hopefully see there get to know you a Bit better now moving into Bitcoin Alternatives we also have green Bitcoin Whilst Bitcoin is of course turula a Little bit and you know demonstrating Volatility green Bitcoin has not yet Gone live this is a pre-sale with 10 to 100x potential over here guys green Bitcoin the future predict to earn huge Early reward so green Bitcoin introduces Revolutionary gamified green staking Allowing for exponential rewards if we See Bitcoin you know kind of go up in Price over the next few months and weeks I would imagine we can even see green Bitcoin you know another Bitcoin themed Coin here potentially do really well as Well $16 per green Bitcoin token how do You buy them you connect your metamask Or web free wallet or even coinbase Wallet and you convert either ethereum Or usdt directly into your green Bitcoin Tokens we can see at the moment 6.3 Million gbtc tokens are Stak with 64% of Total gbtc Stak at the moment it's going
To be a low market cap launch you know Looking around the 10 20 million sort of Dollar region and green Bitcoin is that Green alternative to existing proof of Work ecosystems like Bitcoin like Bitcoin cash and SV so green Bitcoin is The erc20 alternative with 21 million Total Supply as well but it's your Second chance to buy Bitcoin cheap or at A lower cost as we can see right here And overall it's just looking really Good it's got a good Mission a good Vision great toonomic structure here Green Bitcoin link is down below bit of Research and due diligence on this 10 to 100x coin and of course a strong robust Mission and road map here as well so Looks good you buy of crypto or your buy Of your card to stake your green Bitcoin Tokens and then you claim your gbtc with The view of selling holding or Transferring them wherever you want you Know on supporting exchanges and stuff Like that this is launching on major Exchanges after the pre-sale so this Could be absolutely huge the price is Going up very soon they're about to go Through the next stage so you know with These things stage as they go on the Price is going up so you're getting less Tokens per dollar you spend so if you Are someone out there that is hungry to Potentially make some big gains in this Crypto market right now you really
Should be buying it you know not Financial advice of course but in the Lower stages the low stages as possible Right because effectively remember guys It's a dog eat dog world it's a rat e Rat world it's no lie um you don't want To be holding the top of the bag you Want to get in as early as possible and Um yeah things are looking good for this Ico though 18.1k followers Loads of engagements retweets and uh Yeah $6 Million raise that is a big big Fe a big Milestone here for green Bitcoin check Out the link down below flipping back to Bitcoin very quick on the day you know We are still swooping down to $63,000 Region this could be a good entry level For people um and I think a lot of Traders out there are identifying this As potentially a strong level of support For a buyback if we go to the 4our time Frame look at this you can see on that Ice the RSI we are hitting those lows Again on the RSI um so this is where you Know lots of Traders are potentially Putting in those long positions um high Risk High reward stuff and uh let's see What's going to happen in the markets Thank you for watching another 99 Bitcoins video hope you enjoyed this let Us know down below what other content You would like to see and um yeah do Subscribe to the channel let the world
Know if you want to hit your crypto Goals this 2024 like the video and um Yeah hopefully things are going to go Well I think we got plenty of time left In this market no need to panic 63k is Still a great number and overall looking At the month you know 51k is where we Were a month ago so we can't really Complain gains are gains Roi is Roi and We just need to take some time in the Markets here thanks for watching bye for Now stay crypto safe