hello gurus welcome to another episode we're going to jump into the price for Bitcoin it's pulling
back underneath that red trend line where Burke the downtrend line normally it's okay to retest
but to retest and breakthrough is not a good sign hit the Subscribe button join 77 000 smash a
thumbs up button this is very bad news for Bitcoin we needed a strong breakout without a big breakout
like this most likely we're going to retest and make a double bottom at 17 500. let's jump into
the technicals for Bitcoin now we're going into the tables um and it's pulling back right sitting
right on that trend line right now which is not a good thing it's sitting right on it look at that
it's holding stochastic is quite oversold on the four hourly it's trying to hold on here but most
likely it's going to break through it's sitting on it's bouncing on it multiple bounces so I would
this there's two ways to take this trade we can go long here if we get a strong bounce here if it
manages to bounce Now volume is coming in that's a good sign but if you can get a bounce here then we
can go along and take this trade over on by bit this trade I'm going to show you the trade if
you want to trade um underneath the video in the description of this video down below you can sign
up in the description under the video go down sign up to buy bit you get a 4450 US dollar sign up
bonus when you use this link down below so go down click on this link in the description sign up to
buy bit and you get that 4450 US dollars when you sign up and trade and there's where you can trade
Bitcoin and I would go long here um with the tight stop loss just underneath stop loss at 19 445
um take profit at twenty thousand four hundred and sixty T so I'd be it's risking
risking 152 to make 862 dollars without leverages 5.67 ratio trade with 10x leverage would be 8 600
that's the trade that I'll get go if it bounces here and then head up to that resistance it needs
to bounce strongly but to take that trade if it doesn't bounce here then unfortunately we
would it's not looking good for Bitcoin it will retest the lows if it doesn't bounce here we would
go short if it breaks underneath this red trend line we can go short targeting 18 600. so that's
the long that I would take if Bitcoin bounces here if it bounces and confirms that this line
supports and holds we'll be taking a trade twenty thousand four hundred if it breaks here I would
be going short on bitcoin you can also short on buy bit I would take a short from this position
um stop loss very straight very tight because if it plays out it's either going to play out or not
um and I would put the support all the way to the take profit down here on this trend line
this trend line that was a big trend line from before um so I put the take profit all the way
down here and that would be risking it's a nice trade to take if it sure it's actually it'll
be terrible for the markets in general but good trade to take risking 94 dollars to make 686 on
the short with 10x leverage that'd be six thousand eight hundred dollars a profit 7.26 ratio trade so
those are the true trades I would take on bitcoin if we get a strong bounce here and this volume
follows through we'd be going long to 20 400 if it breaks underneath I'd be then going short to
that eighteen thousand seven hundred those are the two trades that I would be taking on bitcoin
um unfortunately it's not looking too good it should have broke out stronger magiccraft is also
pulling back today down three percent sitting at 0.0111 so one cent one yeah just above 110 0.011
um so magikraft is holding on right now there's some good news coming out for magiccraft as well
we listed on who be exchange uh I think yesterday or the day before yesterday released we will be oh
I did an AMA with sir tick today which was awesome our smart contract orders the was epic on Twitter
um memsati is now tradable on hubby Global the fifth biggest Exchange in the world which is very
good news the the closed beta will be opening soon the public beta will be opening soon we have 5
000 people that are signed up you can join it too you need to have one million mcrt or one Genesis
nft collection to join the closed beta you can find that out at magiccraft.io pay attention to it
um I will be speaking uh on the 10th you can come and meet me in Dubai I'll be speaking at the a
big Dubai World Trade Center um Arena 54 I'll be talking at the future blockchain Summit I'll be
hosting a panel about the impact and development of the metaverse which is going to be awesome come
and join me there and be a c chain went down this is the magiccraft token mcrt token on the
BSC chain and you can see here that today it went quiet for about five hours that's because BNB got
hacked the BSC chain got hacked for around 100 million dollars at the moment and binance closed
and held the chain um now now they're active again but you can see that directly on mcit you can see
that the traffic this is the token activity of mcrt and you can see that for a few hours
there was no token activity because um the the BSC chain was holded held because of this hack
um this is people wrist and peace Bitcoin 2011 13 14 15 17 18 19 2008 and then 2022 people saying
the same thing James your video is amazing please never stop doing what you do thank you so much
Daniel I'm Richard love your daily updates are truly a genuine humble Soul thank you Richard
um mcrt is listing on Queen DSX one of the biggest exchanges in uh in India and this
is how the beta invitation will work for the closed beta we've this just came from
the smart contract developers so how to get the beta invitation connecting the wallet
connected checking availability and then boom and then you add your email and then once you install
the game you'll have access to the game we will end up that looks very simple but it's actually
a web 3 integration that it's checking to see if your wallet has 1 million mcrt snapshotted
um before the during the last 10 days you need to hold 1 million mcrt for 10 days or one original
genocet Genesis nft collection which is beautiful check out mcrt you can see the links to buy down
below thank you for watching everyone have an amazing day hit the Subscribe button comment
on every video my team is picking five winners every month 200 US dollars worth of mcrt each
giving away a thousand dollars a month back to the community comment down below are you part
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cryptocurrencies thank you for watching have an amazing day and I'll see you all again tomorrow