Changes for page ICT YT - 2020-12-30 - ICT On Bitcoin Over 29k - Lets Talk About It.srt

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3		-ICT: Welcome back, folks, it's been a little bit of time since the last time we
4		-spoke, I want to kind of close this year out with Bitcoin. As some of you know,
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	2	+|1 |00:00:30,360 ~-~-> 00:00:42,630 |ICT: Welcome back, folks, it's been a little bit of time since the last time we spoke, I want to kind of close this year out with Bitcoin. As some of you know,
	3	+|2 |00:00:42,630 ~-~-> 00:00:52,680 |I'm no longer on Twitter, you probably seen videos where I've shown invitations to follow me on Twitter, I don't have a Twitter account anymore. I don't have
	4	+|3 |00:00:52,680 ~-~-> 00:01:07,200 |Instagram anymore. The only thing I have is YouTube. But for those individuals that were following me, and I had just about 39,000 or so followers on my
	5	+|4 |00:01:07,200 ~-~-> 00:01:23,340 |Twitter account, and I was commenting various times throughout the year on Bitcoin and crypto and such, and everyone knows what the entire world has been
	6	+|5 |00:01:23,340 ~-~-> 00:01:39,360 |dealing with, since the beginning of the year, or there abouts in March timeframe. The the idea of crypto or Bitcoin, specifically, I mentioned that
	7	+|6 |00:01:40,440 ~-~-> 00:01:50,190 |everyone that was following me that if Bitcoin or crypto was going to be what everyone had hoped it would be, now's the time for it to shine and show its
	8	+|7 |00:01:50,190 ~-~-> 00:02:05,760 |colors. And that occurred right on schedule. So now there's been some commentary on my part, that I have been very adversarial. and kept at a distance when it
	9	+|8 |00:02:05,760 ~-~-> 00:02:20,970 |comes to crypto. The fact that it has traded, as it has here and offered levels of price runs that I like to see. I mean, this is, in my opinion, this is
	10	+|9 |00:02:20,970 ~-~-> 00:02:36,990 |phenomenal trading. This is a market that if it can maintain things like this is very exciting for 2021. Now, it's important for some of you that are new that
	11	+|10 |00:02:37,230 ~-~-> 00:02:50,010 |listen to me say what I'm about to say and say okay, well, there's no real way of me backing up or verifying what Michael says here. And I'll just leave it up
	12	+|11 |00:02:50,010 ~-~-> 00:03:00,240 |to you to decide whether or not it's something I really said or didn't say. But it's important that you use the community tab on my YouTube channel because it
	13	+|12 |00:03:00,240 ~-~-> 00:03:12,090 |has replaced my Twitter account. So I don't want to be on Twitter, Twitter actually censored me a couple times and froze my account for talking about
	14	+|13 |00:03:12,090 ~-~-> 00:03:25,890 |something that had nothing to do with anything that should have warranted that type of response by them. So I saw move my entire show here to my YouTube
	15	+|14 |00:03:25,890 ~-~-> 00:03:41,640 |channel. So if you go to YouTube channel, and you click on the community tab here, it'll give you posts. Now, I don't allow comments because I don't have any
	16	+|15 |00:03:41,640 ~-~-> 00:03:51,510 |interest in anyone else's opinions. And it may sound myopic to some. But I already know I'm going to be polarizing. And I'm not offering a stage for people
	17	+|16 |00:03:51,510 ~-~-> 00:04:08,940 |to advertise their self making the name for yourself, you know when you're in steam, but I have throughout this fall in the month of December really outlined
	18	+|17 |00:04:10,260 ~-~-> 00:04:26,700 |this run here on Bitcoin. Now, my group that was following me on Twitter, back in July, knows that I was talking about it running from there. And then in my
	19	+|18 |00:04:26,700 ~-~-> 00:04:39,600 |private group, mentorship, we talked a little bit about it periodically and again, I do not talk about crypto in mentorship. Okay, so I like to bring that
	20	+|19 |00:04:39,600 ~-~-> 00:04:50,100 |up multiple times because I don't want anybody thinking I'm dangling a carrot here because I'm learning crypto. Okay, so it's important that you understand on
	21	+|20 |00:04:50,100 ~-~-> 00:05:05,430 |transparency here. I don't have any immediate interest in trading it it just has now moved To a degree of more interest by me, okay, whereas before I really
	22	+|21 |00:05:05,430 ~-~-> 00:05:13,920 |wasn't interested in at all, I'm interested in it now. So some of you may be laughing and saying, Oh, you missed the party, you missed the biggest bull
	23	+|22 |00:05:13,920 ~-~-> 00:05:26,580 |market in the world, blah, blah, blah. Yeah, it's moved a lot of points. But in, there's big moves or mega trades every single year. And what you do with it, is
	24	+|23 |00:05:26,580 ~-~-> 00:05:28,710 |the most important thing. And
	25	+|24 |00:05:29,790 ~-~-> 00:05:43,110 |while this may be a stunning price rally, I was pretty much involved in calling most of it, okay, here. And there's a backdrop behind this that some of you are
	26	+|25 |00:05:43,650 ~-~-> 00:05:57,060 |probably not up to speed with. And if you recall, back in 2018, I was really calling Bitcoin lower. And then ultimately, I said that, I felt that would go to
	27	+|26 |00:05:57,060 ~-~-> 00:06:07,200 |100. And at the time, I said it, I meant it. And I kind of went over this on my community tab, but without rehashing that, just know that when I said that, I
	28	+|27 |00:06:07,200 ~-~-> 00:06:19,980 |meant it. And there was other supported reasons why I wanted to say it and publicly make it known. But I had no horse in the race. So it really is no skin
	29	+|28 |00:06:19,980 ~-~-> 00:06:28,530 |off my back. And crypto has never really been my forte, I never claimed to know how it works. And to be quite honest with you, I don't even know how to open up
	30	+|29 |00:06:28,530 ~-~-> 00:06:37,710 |an account to trade this asset class. So that's how little I know about it, I just look at the candles, and I share my opinion publicly, whenever I feel
	31	+|30 |00:06:37,740 ~-~-> 00:06:45,660 |inspired to do so. And there's been a few times I've been wrong, but by far and large, you know, with the exception of me obviously being facetious and meaning
	32	+|31 |00:06:45,660 ~-~-> 00:06:59,970 |it's still at the same time calling Bitcoin at 100. It's been pretty, pretty interesting to see my public calls have been good. But in full transparency, if
	33	+|32 |00:06:59,970 ~-~-> 00:07:14,430 |I look at it, like I did, forex for over the number of years, I've been focusing primarily on it since 2006. That I've been trading markets since 1992, but
	34	+|33 |00:07:15,330 ~-~-> 00:07:26,910 |focused primarily on forex in 2006. But I have not really had a vested interest in crypto, only because of my students, they have an interest of constantly
	35	+|34 |00:07:26,910 ~-~-> 00:07:35,460 |pinging me for my opinion about what I think it's going to do. And as I mentioned, on Twitter, at the time, when I had an account, I said, if it ever
	36	+|35 |00:07:35,460 ~-~-> 00:07:46,230 |does stage or run to 20,000, I will let you know. And I made this public knowledge. And I didn't hide it in some secret membership. I put I put it out
	37	+|36 |00:07:46,230 ~-~-> 00:07:58,050 |there. And there it is. But I kind of want to talk a little bit about why I felt it was going to go up and trade where it's at now and tell you where I think it
	38	+|37 |00:07:58,050 ~-~-> 00:08:09,720 |might go to. And also talk about why I don't think anybody really knows what's going to happen. So it's a little bit of a sobering message to this. But also
	39	+|38 |00:08:09,720 ~-~-> 00:08:22,320 |just sharing what I think I see here in the chart, it's important to understand before I go into it, that I do not have an account trading crypto, I do not have
	40	+|39 |00:08:22,320 ~-~-> 00:08:31,470 |any interest in pumping it or inspiring it to go lower. Okay, so I have an indifference here, it doesn't make a difference to me if it goes higher, or if
	41	+|40 |00:08:31,470 ~-~-> 00:08:42,930 |it goes lower. I'm just commenting on his objectively as I possibly can. And sharing that view or opinion with you here. It's not meant to be in in vestment
	42	+|41 |00:08:42,930 ~-~-> 00:08:52,440 |advice. It's not meant to inspire you to buy it or go short. It's just that I've been asked multiple times because we had this big price around here. And some of
	43	+|42 |00:08:52,440 ~-~-> 00:08:55,950 |my students that are following me from afar
	44	+|43 |00:08:57,060 ~-~-> 00:08:57,570 |have
	45	+|44 |00:08:57,660 ~-~-> 00:09:05,010 |seen this move and have not been aware of the community tab on my YouTube channel. So everything's there, it's dated, you can see the comments I've had
	46	+|45 |00:09:05,010 ~-~-> 00:09:21,570 |about it. So let's talk a little bit about what I saw this year. And what led to this price run. I said back in the beginning here we had this I'm not going to
	47	+|46 |00:09:21,570 ~-~-> 00:09:31,290 |say the word because it's gonna like my video and I don't want to have any issues with that. But you all know what this is referring to. And the market
	48	+|47 |00:09:31,290 ~-~-> 00:09:45,960 |tanked like everything else here. But at the time. This is when if crypto was going to be the the great alternative to Fiat, then this should be a time at
	49	+|48 |00:09:45,960 ~-~-> 00:10:01,200 |which it will really start to show its true colors. If that's in fact what it is. Now, do I believe that Bitcoin will be the benchmark forever In crypto, if
	50	+|49 |00:10:01,650 ~-~-> 00:10:12,420 |we're to assume that it eventually does replace Fiat, I'm not here to say it will. I'm just making the argument here that if Fiat is completely done away
	51	+|50 |00:10:12,420 ~-~-> 00:10:27,090 |with and everything goes to a digital currency, I do not believe that Bitcoin will be the standard. Okay, I think it will be replaced by something else. And
	52	+|51 |00:10:27,090 ~-~-> 00:10:37,680 |I'm not a student enough to know what that is. Okay, so I'm kind of like, being as honest as I possibly can. I just believe in my heart that this is just the
	53	+|52 |00:10:37,680 ~-~-> 00:10:49,140 |beginning of something. Okay. And they may adopt something else entirely, but still be crypto. And there it is. But whatever that thing is, that replaces
	54	+|53 |00:10:49,140 ~-~-> 00:11:03,600 |Bitcoin will do what you see here in Bitcoin faster than what we saw here. So I think it was in 2012. If I'm not mistaken, I think it's about when I was being
	55	+|54 |00:11:03,600 ~-~-> 00:11:14,070 |asked, I had a interview with a group of traders that were really, really interested in Bitcoin back then. And it was trading under 1000 is like a couple
	56	+|55 |00:11:14,070 ~-~-> 00:11:26,340 |$100 for a Bitcoin. And I didn't have any interest back then either. And I said, you know, I'm not interested in I'll have to see what it does. And the idea of
	57	+|56 |00:11:26,670 ~-~-> 00:11:41,040 |this asset class, replacing Fiat has been argued for law since the inception of, you know, the crypto markets, I think that there will be a another coin or
	58	+|57 |00:11:41,040 ~-~-> 00:11:56,220 |something to that effect, that will become more favored than this one. Will it mean that this goes away entirely? I don't know. Does it mean that there won't
	59	+|58 |00:11:56,220 ~-~-> 00:12:08,100 |be other currencies? Like we have different countries, then they have their own individual currency? Will they have their own individual cryptocurrency? I kind
	60	+|59 |00:12:08,100 ~-~-> 00:12:17,640 |of think that's what's happening initially. Before all Fiat goes away, I think every country is eventually going to want to do that. There's been obviously
	61	+|60 |00:12:17,640 ~-~-> 00:12:26,520 |talks about the digital dollar. I'm not afraid of that. I don't think there's any real concern. And ultimately, if I'm wrong and say, Fiat just completely
	62	+|61 |00:12:26,520 ~-~-> 00:12:39,420 |disappears overnight. Because 2020 has been relentless with doing plot twists throughout the year. The the idea of Fiat gone away immediately, and maybe that
	63	+|62 |00:12:39,420 ~-~-> 00:12:52,680 |impacts forex. The big question is, you know, is it over for forex? No, I don't believe that's the case. I think if Fiats done away with, then we'll still apply
	64	+|63 |00:12:52,680 ~-~-> 00:13:03,990 |the same things, which we do with forex, and comparing the contrast and looking for leaders and laggards in terms of relative strength and which currency has
	65	+|64 |00:13:03,990 ~-~-> 00:13:11,370 |the most interest. And I think this the effects of interest rates, and differentials will still have an impact there, it just won't be done in the
	66	+|65 |00:13:11,370 ~-~-> 00:13:20,160 |capacity of a fiat currency, it will be done in crypto. Now, that's my assumptions. And I may absolutely be incorrect. And maybe there's a lot of you
	67	+|66 |00:13:20,160 ~-~-> 00:13:27,210 |out there that know more about this than I do. And you're shaking your head saying this guy's a noob. He has no idea. I've already admitted. Every time I
	68	+|67 |00:13:27,210 ~-~-> 00:13:38,490 |talk about this, this asset class, I preface it by saying that, because I don't want to sound like and I hope you can see the difference here. Okay. I am
	69	+|68 |00:13:38,970 ~-~-> 00:13:45,750 |admittedly uncomfortable talking about this crypto space, okay.
	70	+|69 |00:13:47,610 ~-~-> 00:13:56,010 |That's why it sounds like arrogance, when I'm talking about forex or futures. Because I'm comfortable there. And I know what I'm talking about. Here, I'm just
	71	+|70 |00:13:56,010 ~-~-> 00:14:08,700 |sharing my feelings, my opinions, my thoughts, my concerns about it, and admitting that there's absolutely no harm to me if I'm wrong or right, because
	72	+|71 |00:14:08,700 ~-~-> 00:14:22,200 |I'm not invested in it at all. But I'm fascinated to see the things I'm going to cover here still showing its hand in the delivery of price here. But I want you
	73	+|72 |00:14:22,200 ~-~-> 00:14:32,400 |to also remember that there's absolutely no one out there, no one out there knows where bitcoins ultimately going to go. We are clearly in all time highs in
	74	+|73 |00:14:32,430 ~-~-> 00:14:44,220 |any market that trades at an all time high. There's absolutely no way to determine with any great accuracy, or a surety that you know where it's going to
	75	+|74 |00:14:44,220 ~-~-> 00:14:55,980 |go to. So what I'm going to show you what I believe led to me calling the levels that I called shared with my students and also I shared some levels with the
	76	+|75 |00:14:56,010 ~-~-> 00:15:04,980 |YouTube community tab. I'm going to go over some of that tell you why I believed it was going to happen. And then you can see whether there was any validity to
	77	+|76 |00:15:04,980 ~-~-> 00:15:15,900 |it. I promise you, there is no secret sauce stuff that I'm not sharing here. Because I don't have anything that I want to plug in to crypto at this moment.
	78	+|77 |00:15:16,260 ~-~-> 00:15:26,730 |And I don't have any confidence in it. So I just look at pure price delivery, and order block theory. And it's all I'm looking at here. So with that, just
	79	+|78 |00:15:26,730 ~-~-> 00:15:39,360 |know that this was the precursor to seeing all this price run up, it was maximum pessimism, and fear, which is where something that is underlying Lee strong. And
	80	+|79 |00:15:39,360 ~-~-> 00:15:51,210 |this is something if you're taking notes you should be be the idea of a market that is predisposed to go up. Okay, a market is primarily bullish, if there's
	81	+|80 |00:15:51,240 ~-~-> 00:16:04,800 |ever a sharp decline, okay, or a rapid run to lower prices. Many times if you're zoomed in really tight, and you're only looking at about two weeks worth of
	82	+|81 |00:16:04,830 ~-~-> 00:16:18,330 |data, this is going to look horrific. But when you zoom out a little bit, it gives you a better, I guess, perspective on how much of an impact that really
	83	+|82 |00:16:18,330 ~-~-> 00:16:27,390 |had. But at the time watching it and all the uncertainty that was coming out around March of the year, everybody was taking guesses about what was going on.
	84	+|83 |00:16:27,390 ~-~-> 00:16:40,320 |And nobody really wanted to be a participant of any any market. That maximum fear in a market that is predisposed to go up. Its underlying Lee bullish if
	85	+|84 |00:16:40,320 ~-~-> 00:16:54,660 |it's really just primed to go higher. Any market like that, in those instances, offer these types of climax reversals, okay, where it just looks like it's going
	86	+|85 |00:16:54,660 ~-~-> 00:17:10,170 |down forever go down. But it turns on a dime and starts to go the other way. In July, I felt that we had that effect here, we had a reversal of sorts. And if it
	87	+|86 |00:17:10,170 ~-~-> 00:17:23,700 |was going to go higher if crypto was going to be the, the answer to Fiat, the market should start pricing higher. And it was consolidate for a little bit, we
	88	+|87 |00:17:23,700 ~-~-> 00:17:30,990 |had this little bit of a run here. We came back down rebalanced, and ran out some relative equal lows in here, you can look at this on your own charts, I
	89	+|88 |00:17:30,990 ~-~-> 00:17:41,640 |just want to get through this because already kind of too long, but an optimal trade entry here and running on the sell side liquidity there. And you can see
	90	+|89 |00:17:41,640 ~-~-> 00:17:51,870 |some old support resistance ideas if you'd like that kind of thing, but I don't. But we had a run here. And then we had price drop back down into another optimal
	91	+|90 |00:17:51,870 ~-~-> 00:18:04,380 |trade entry there. And I want to kind of zoom in on that. Alright, so we have this run and decline these two down close candles as your order block.
	92	+|91 |00:18:12,690 ~-~-> 00:18:24,210 |case, you can see how market ran up and broke down. The 20,000 is where everybody was looking forward to go to and 2017. I said that we were going to go
	93	+|92 |00:18:24,210 ~-~-> 00:18:34,830 |from 6500 to 10. And then from 10 to 20. This is all during my time on Twitter. There's a lot of people that screen capture all this stuff. Do I have access to
	94	+|93 |00:18:34,830 ~-~-> 00:18:45,540 |it now? No, I don't care. Okay, but there was many of you out there that No, I said this. And then I also said, this is a story guy real briefly. My wife asked
	95	+|94 |00:18:45,540 ~-~-> 00:18:56,010 |me the day before Bitcoin made a tie. She asked me, have you bought any Bitcoin? And I said, What did you just say to me? And my wife was sitting next to me on
	96	+|95 |00:18:56,010 ~-~-> 00:19:06,390 |the couch and she says, Did you buy bitcoin? It's going up. And I said, Hold that thought right there. And I really went to Twitter and said, Okay, my, my
	97	+|96 |00:19:06,390 ~-~-> 00:19:13,590 |original idea was, Bitcoin was going to go to 20,000. But I'm telling you right now, it's not going to go to 20,000. And here's the reasons why my wife said I
	98	+|97 |00:19:13,590 ~-~-> 00:19:21,180 |should be buying Bitcoin. Now, this is not ladies, please don't be mad. And I'm not making fun of my wife, I love my wife.
	99	+|98 |00:19:21,749 ~-~-> 00:19:22,379 |But
	100	+|99 |00:19:22,650 ~-~-> 00:19:34,470 |if my wife is telling me to be buying Bitcoin, she's the last person that would know, to be buying Bitcoin. So if she's telling me it's a good buy, that means
	101	+|100 |00:19:34,500 ~-~-> 00:19:41,880 |everybody thinks the same thing. So therefore it's not going to 20,000 so that's the reason why I went on the Twitter immediately and said, okay, it's not going
	102	+|101 |00:19:41,880 ~-~-> 00:19:50,910 |to 20,000 and I looked at the chart, and I said it's going to go basically just 6000 and everybody laughed me off the internet. It is what it is. It went down
	103	+|102 |00:19:50,910 ~-~-> 00:20:00,780 |to 6000 that I called 3000 and went down to like 34 something ish. Yeah, I don't know exactly what it was, but then go to 3000 I was wrong. There. And at that
	104	+|103 |00:20:00,780 ~-~-> 00:20:08,970 |point, I really didn't know what it was going to do. And everybody was hammering me because I called the top in Bitcoin and I called the slide to 6000. I called
	105	+|104 |00:20:09,330 ~-~-> 00:20:18,540 |the slide almost to 3000. And everybody was waiting for that 3000 still, and I said, You know what, I don't know what's going to happen. But I can't handle
	106	+|105 |00:20:18,540 ~-~-> 00:20:30,810 |everybody coming at me with crypto because I'm a forex guy, okay? I'm a futures guy. I'm a limited market type person, I have obsessive compulsive disorder. And
	107	+|106 |00:20:30,840 ~-~-> 00:20:41,040 |it's very easy for me to be distracted. So I did what I did, I said, Here's is, I think, ultimately bitcoins gonna crash and go to 100. And I put it out there.
	108	+|107 |00:20:41,640 ~-~-> 00:20:52,560 |And it obviously turned a lot of people off made enemies. Have some of my followers with me, oh, you're, you're, you're a Fudd, or whatever that is, you
	109	+|108 |00:20:52,560 ~-~-> 00:21:04,440 |guys talk about it. Now, what's the negative side of it. So it worked, though, hey, got everybody off my back about crypto. And it allowed me to focus on the
	110	+|109 |00:21:04,440 ~-~-> 00:21:18,870 |markets that I focus on. So that's why this is labeled as the milestone because it never really got to 20,000. So 20,000 was that benchmark it needed to reach
	111	+|110 |00:21:18,870 ~-~-> 00:21:33,990 |to and through. And we just got to very close on the first of December off of this optimal trade entry here, and then it consolidated and drop down. This in
	112	+|111 |00:21:33,990 ~-~-> 00:21:45,240 |itself is an optimal trade entry. But before I go into this one, I'm going to show you the structure on this, that leads to some of the targets. So the low
	113	+|112 |00:21:45,240 ~-~-> 00:21:58,530 |here to this high. Okay, now I'm using the wicks in the tails. Now, most of the time, you see me doing exercises, where I'll draw the fib and the bodies of the
	114	+|113 |00:21:58,530 ~-~-> 00:22:07,200 |candles, because it's the bulk of the volume. If I'm looking for targets, and I really want to consider the entire range that could be available. I'm going to
	115	+|114 |00:22:07,200 ~-~-> 00:22:19,110 |use this the lowest tail and the highest wick. Why am I doing it here and not using the bodies, because we're trading or expected to trade to all time highs.
	116	+|115 |00:22:19,680 ~-~-> 00:22:30,000 |So I want to incorporate the maximum amount of range that could be available to me, if I'm going to be utilizing the fib for target selection. Now, by itself.
	117	+|116 |00:22:30,540 ~-~-> 00:22:40,920 |The fib at this point, is the only thing I can lean on for targeting. And this is the reason why I said in the beginning video, nobody has any idea where
	118	+|117 |00:22:40,920 ~-~-> 00:22:48,990 |Bitcoin is going to go. Okay, I like to think that it's going to go to 30,000. Because it just, it's a nice round number. It's a reward for everybody that's
	119	+|118 |00:22:48,990 ~-~-> 00:23:00,360 |held on this long, it'll really get everybody interested in it. Everybody wanted to see it get to 20. But how does it trade above 20. And I said, if it does go
	120	+|119 |00:23:00,360 ~-~-> 00:23:12,480 |above 20, he needs to do what we see here. Just run, run, run, go go go. Okay. My concern is, this is one of the things I'm wondering if it's gonna happen or
	121	+|120 |00:23:12,480 ~-~-> 00:23:24,150 |not. If I was trading it, if I was in this, if I had money in this market, which I do not trade crypto, I don't have live money in this asset class, I would want
	122	+|121 |00:23:24,150 ~-~-> 00:23:37,230 |to see it trade to 30. If it got the 30, I would probably download about 85% of whatever I held. And then wait and see what happens with a stop below here.
	123	+|122 |00:23:39,120 ~-~-> 00:23:48,630 |On the community tab, I gave you some levels. And I said, You know, I don't know what it's going to do. But I feel that as long as we stayed above 17 eight,
	124	+|123 |00:23:49,260 ~-~-> 00:24:02,610 |which would be essentially, here's the low here at 117 569. I don't think that needed to go back up below rather 17 eight, which would be potentially running
	125	+|124 |00:24:02,610 ~-~-> 00:24:13,470 |below this low. If it did that, then that's for me problematic that would be breaking down in market structure, whereas everything here has been bullish. So
	126	+|125 |00:24:13,470 ~-~-> 00:24:20,190 |some of the targets I was looking at was from this low to this high. And it trades back down into optimal trade entry, which is what I teach on this
	127	+|126 |00:24:20,190 ~-~-> 00:24:35,190 |channel. It's kind of like the flagship pattern. And then we have multiple levels that are hit here. 28 927 level 27 and 3925 was no problem whatsoever.
	128	+|127 |00:24:35,610 ~-~-> 00:24:51,510 |But I like these up here and targeting the 30,000 that to my concerns, will 30,000 act like 20 did in 2017 and just fall short of it and create a issue
	129	+|128 |00:24:51,510 ~-~-> 00:25:00,870 |where we have to come back down below 20,000. I think ultimately if it were to do that, that's not necessarily a bad thing. It's not What you probably want to
	130	+|129 |00:25:00,870 ~-~-> 00:25:09,390 |hear, especially if you're long, or if you've been buying in here or up here, if you're buying up there, I would be nervous, I wouldn't chase it like that. Just,
	131	+|130 |00:25:09,720 ~-~-> 00:25:24,690 |that's just me, I wouldn't do it. But if it were to fail to get to 30, and trade back down below 20, I would like to see it, pick up some buying it this area
	132	+|131 |00:25:24,690 ~-~-> 00:25:35,730 |right in here. Okay, so it can go back below 20 a little bit, but I don't think it needs to come back down below here. I think everybody stop is here. So if it
	133	+|132 |00:25:35,730 ~-~-> 00:25:44,970 |did come back down, it could retest this old high, but I would like to see it go through it a little bit. And focus on this candle right there. Now, again,
	134	+|133 |00:25:45,390 ~-~-> 00:25:56,220 |that's just an expectation, if it were to fail to get the 30. I personally think they're going to push it to 30 before we turn to 2021. And I wouldn't be
	135	+|134 |00:25:56,220 ~-~-> 00:26:11,610 |surprised if they really ram it up there through 30, you buy five or 6000 more points beyond that. So like 35 36,000, I think 38. And let's see if we have a
	136	+|135 |00:26:11,610 ~-~-> 00:26:20,490 |level here. Now we don't have it on this one. But you'll see it most likely on here. The next optimal trade entry is this. And whenever you're trading at all
	137	+|136 |00:26:20,490 ~-~-> 00:26:32,820 |time highs, this is kind of like the the process, it just keeps becoming a guessing game. Because you don't know nobody knows what this markets going to
	138	+|137 |00:26:32,820 ~-~-> 00:26:40,860 |do. They don't know where it's going to go. Obviously, some of you're shaking your head saying it's going 100,000 ICT, it's going to a million ICT, it's going
	139	+|138 |00:26:40,860 ~-~-> 00:26:51,330 |to 50,000 ICT, everybody has their target, you know, and well, I could just call out levels and say, you know, this is what I think this is what I believe
	140	+|139 |00:26:52,290 ~-~-> 00:27:01,950 |there's really nothing that I can say this is the reason why except for a fit here. And I don't trade with just a fit. It may look like that some when they
	141	+|140 |00:27:01,950 ~-~-> 00:27:12,810 |watch me do things in my videos. But I promise you that fib is only giving me one small little piece. And that's where we're at with this. And regardless if
	142	+|141 |00:27:12,810 ~-~-> 00:27:26,340 |you want to agree with my analysis here, or if my opinion, or my thoughts about it, you have nothing, zero, nothing except for hope, hope and expectation that
	143	+|142 |00:27:26,340 ~-~-> 00:27:34,710 |it's going to go to your specific target. Just like I had hope and expectation, just to see if I was at a morbid curiosity, if I was going to be correct. If it
	144	+|143 |00:27:34,710 ~-~-> 00:27:44,550 |ran up of 20,000. Before Christmas, it did. Did it trade to the levels I put on my community tab? Yes, it did. Is it skill? No, there wasn't no skill there, it
	145	+|144 |00:27:44,550 ~-~-> 00:27:55,950 |was just me looking at how it could potentially expand up into those levels, and maybe even go way beyond that. But no one can really say with any absolute
	146	+|145 |00:27:56,880 ~-~-> 00:28:05,520 |evidence to support their idea where it's going to go on evaluation, like you can't look over here on this axis of the chart and say, this is where bitcoins
	147	+|146 |00:28:05,520 ~-~-> 00:28:16,980 |gonna go because of this, this, this and this. Whereas if we have traded to an old level before, it's easy to look at things and rationalize it with technicals
	148	+|147 |00:28:17,280 ~-~-> 00:28:28,290 |to justify and present that argument. Whereas right now, everybody has their own opinion about this market and where they think it's going to go. And no one has
	149	+|148 |00:28:28,320 ~-~-> 00:28:39,030 |any way to quantify that. You just can't do it. So let's take a look at the weekly chart and close this video because it's too long as it is.
	150	+|149 |00:28:40,140 ~-~-> 00:28:55,350 |Alright, so let's go back out to a higher timeframe chart and we'll look at this leg here. So if we use the lowest low here, up to this right there. All right,
	151	+|150 |00:28:55,350 ~-~-> 00:29:05,670 |I'm going to crunch this up a little bit. So from this low to this high retrace back down, yes, we overshot a little bit. But again, I already stated multiple
	152	+|151 |00:29:05,670 ~-~-> 00:29:18,000 |times. I'm not just a fib guy, fibs are just a tool I like to use to provide more Confluence around the level that I would already be looking for anyway. And
	153	+|152 |00:29:18,000 ~-~-> 00:29:27,600 |if a fib overlaps with it, then great if it doesn't, whatever. But I've looked at some of these levels here. And let's just say we get some crazy blow off move
	154	+|153 |00:29:27,630 ~-~-> 00:29:41,040 |that goes above 30. There you go. That's the level I would look for if we get 30 and run through. And then after there, I don't know. I don't know. could you do
	155	+|154 |00:29:41,070 ~-~-> 00:29:52,260 |this? Could you go back to something like this low here, and why am I picking this low? Because this is the most dynamic one out of all this price action. Now
	156	+|155 |00:29:52,260 ~-~-> 00:30:06,210 |that I think about it, as I'm looking at this chart, I think it was one was it. I think it was 2014. Yeah, I mentioned early 2012 it was 2014. I think this
	157	+|156 |00:30:06,210 ~-~-> 00:30:20,160 |fellows they were initially interviewing me asking me what my opinion was about Bitcoin. I may have that date wrong still, but I just for sake of discussion, I
	158	+|157 |00:30:20,160 ~-~-> 00:30:34,050 |wish I could remember who it was. But anyway, I held the main I maintain the the opinion about crypto and Bitcoin, the same up until right now this at this
	159	+|158 |00:30:34,050 ~-~-> 00:30:43,860 |moment here. So, am I saying I'm going to start trading Bitcoin? No, I'm saying I'm interested in I'm gonna start following it. And if it can continuously Give
	160	+|159 |00:30:43,860 ~-~-> 00:30:52,590 |me what I'm looking for, and the things I see in forex, then I'll probably start trading. But right now, I have an official interest in it. But you can see here
	161	+|160 |00:30:52,590 ~-~-> 00:31:04,290 |using this optimal trade entry here. These are some levels also that could lend well to upside, should we get some kind of crazy, explosive, wild run, like in
	162	+|161 |00:31:04,290 ~-~-> 00:31:16,650 |the 1970s commodity markets. So I don't know. Okay, I want to kind of like end it with that I don't know where it's going to go. I personally just want to see
	163	+|162 |00:31:16,650 ~-~-> 00:31:28,080 |it, trade 230. Okay, if it goes to 30,000, I'm content. And in my mind, the paper trade that I would have assumed in here, you would have gained to the
	164	+|163 |00:31:28,080 ~-~-> 00:31:36,270 |degree that I would have liked to participate in. And then I would move myself to the sidelines, and then leave a small portion on the see if it can run into
	165	+|164 |00:31:36,270 ~-~-> 00:31:49,950 |something like this, or kind of like do like, I think it's hodler rice is like hold on for dear life. Again, I'm showing my you know, neophyte stance and all
	166	+|165 |00:31:49,950 ~-~-> 00:31:59,160 |this, but I'm being as honest as I possibly can, because there are very sincere people that have been with me for a number of years, they already understand I
	167	+|166 |00:31:59,160 ~-~-> 00:32:10,290 |don't trade it, they already understand that I have a, a willingness to try to distance myself from it. But they have sincerely asked if I would make my views
	168	+|167 |00:32:10,290 ~-~-> 00:32:20,370 |on it public. And this is what I got for right now. It may be nonsense that some of you may be absolutely a waste of your time. And for that, I apologize. But
	169	+|168 |00:32:20,430 ~-~-> 00:32:30,660 |I'm making the video for those individuals that are interested in this, from my perspective. And I just hope it doesn't entice anyone to do something that would
	170	+|169 |00:32:30,690 ~-~-> 00:32:44,820 |either remove potential profitability, or put them in a losing trade, I try to carry myself with that every time I talk about the markets as a whole. But I
	171	+|170 |00:32:44,820 ~-~-> 00:32:52,800 |know everybody's excited about this one right now, because this is where all the money's pouring, like this is, that's why I talked about it publicly. Every time
	172	+|171 |00:32:52,800 ~-~-> 00:33:04,950 |I do a public call, like that's kind of like, where it's at, like, I don't have a secret society, we're often doing calls or signals. If I put it out there,
	173	+|172 |00:33:05,370 ~-~-> 00:33:16,290 |that's where I'm going to be weighed in the balance. And I leave it there. Any trade examples I share has always been a public display. So that way, you can
	174	+|173 |00:33:16,290 ~-~-> 00:33:25,530 |see it, and either I sink or swim. This particular move in Bitcoin, I believe,
	175	+|174 |00:33:26,670 ~-~-> 00:33:39,060 |is inspiring for me as a dinosaur. Like I said, I started trading 1982. So I'm not familiar with these specific markets, but I'm familiar with how price
	176	+|175 |00:33:39,060 ~-~-> 00:33:52,050 |delivers. And most of the things that I have been anticipating have happened since basically, July, August of this year. So I'm seeing things that I like
	177	+|176 |00:33:52,050 ~-~-> 00:33:59,220 |I've been telling everybody, if I start seeing it, then I'll have a better read on it. And then I'm feel more comfortable telling you what I think is going to
	178	+|177 |00:33:59,220 ~-~-> 00:34:09,330 |happen. But prior to that, I wasn't seeing it. Now what do I mean by that? I think there's a lot more institutional involvement now than there ever has been
	179	+|178 |00:34:09,360 ~-~-> 00:34:17,310 |ever. And PayPal, which I have a partnership with, because they do on my payment processing for my mentorship. They came out and said that they're going to now
	180	+|179 |00:34:17,310 ~-~-> 00:34:28,440 |start taking Bitcoin. That's a huge, you know, milestone for crypto. So at some point, and this was one of the arguments I had when I was first introduced to
	181	+|180 |00:34:28,440 ~-~-> 00:34:41,550 |the idea of my opinion being shared about the asset class. I couldn't go to and I still can't really I couldn't go to a gas station and buy gas with my Bitcoin.
	182	+|181 |00:34:42,090 ~-~-> 00:34:52,260 |You know, that's starting to change now. I mean, there's places that are taking and there's apps that you can use it and obviously like PayPal is now but it
	183	+|182 |00:34:52,260 ~-~-> 00:35:09,690 |seems like it's speeding up. So that transition, you know or movement to A more open access to it is obviously making itself known. But it admittedly, it wasn't
	184	+|183 |00:35:09,690 ~-~-> 00:35:26,610 |like that prior to 2020, okay, and we'll just say, post pandemic, okay, I'm saying that with my fingers quotations post pandemic, it was not as obvious
	185	+|184 |00:35:26,610 ~-~-> 00:35:39,690 |anytime prior to it is right now. And you can see, I can see things in price that I was not able to see prior to mid part of this year. And I believe it's
	186	+|185 |00:35:39,690 ~-~-> 00:35:50,340 |because there's a lot of institutional sponsorship that are taking action. And clearly you can see it, there's a lot of movement in this market. So all this
	187	+|186 |00:35:50,340 ~-~-> 00:36:00,330 |has done is drawn more interest in it. And obviously, now my interest is piqued on it. It doesn't mean I'm going out in 2021, and opened up an account as of yet
	188	+|187 |00:36:00,330 ~-~-> 00:36:10,440 |I don't have that in my mind yet. But I will be looking at this market on a day by day basis going forward. I'm treating it like a market that I watch with
	189	+|188 |00:36:11,310 ~-~-> 00:36:24,360 |forex. Okay, so I've watched the E mini s&p watch gold, watch crude oil. And I watch forex. Okay, and that's about one. And now watch some commodity markets
	190	+|189 |00:36:24,360 ~-~-> 00:36:35,040 |like soybeans, I've been mentioning that. But I focus on markets that have big moves. Okay. And if you've been following me at any length of time, one of the
	191	+|190 |00:36:35,040 ~-~-> 00:36:45,930 |things that I like to illustrate and show is my ability to use the tools that I teach not only in this YouTube channel, but in my private group, where it
	192	+|191 |00:36:45,930 ~-~-> 00:36:52,830 |ferrets out these big moves. Now, there's a lot of people out there that have signal services, and you're trying to get people to subscribe to them and all
	193	+|192 |00:36:52,830 ~-~-> 00:36:59,820 |that. And they say, you know, I'm bringing you the proof, I'm showing you the proof. I'm not showing you a fuzzy little screen, you can't see anything about
	194	+|193 |00:36:59,820 ~-~-> 00:37:10,590 |it and claiming 95% I live 95%. Okay, I put my name out there all the time, this is what it is, this is what I think's going to happen. And if I fail, I fail
	195	+|194 |00:37:10,590 ~-~-> 00:37:22,170 |miserably. Or if I'm consistent, then I'm consistent. So I want big moves. I'm not looking at for instance, like a move that may be found in a market like
	196	+|195 |00:37:22,170 ~-~-> 00:37:36,960 |this. This used to be one of my favorite markets, the bond market. And, you know, this markets dead. This is Mario is dead. Now you contrast that with a
	197	+|196 |00:37:36,960 ~-~-> 00:37:52,080 |market move that I made public here. And it's 10s of 1000s of points of movement. You can't compare that there's there's no there's no comparison. Also,
	198	+|197 |00:37:52,860 ~-~-> 00:38:04,440 |the other market that I felt was a big move rate for this year. And I'm on record with it as well, is soybeans. And that kind of looks a little bit like
	199	+|198 |00:38:05,100 ~-~-> 00:38:07,950 |Bitcoin doesn't it? Big run up.
	200	+|199 |00:38:09,540 ~-~-> 00:38:22,650 |This market is basically what I like to talk about as a mega trade. mega trade is like an idea I picked up from Larry Williams Now, the way he finds his mega
	201	+|200 |00:38:22,650 ~-~-> 00:38:30,780 |trades is not entirely how I do it. There's a lot of things that I do right from his how I made a million dollars trading commodities last year book, which is
	202	+|201 |00:38:30,780 ~-~-> 00:38:45,060 |absolutely essential reading for everybody that's a trader, because that part of the book is still applicable today. Those elements to how the soybean market
	203	+|202 |00:38:45,060 ~-~-> 00:38:56,580 |traded here. If you read Larry Williams book, how made a million dollar shrink money last year, that 1970s book would have put you right in this market here.
	204	+|203 |00:38:57,360 ~-~-> 00:39:03,660 |And you wouldn't have had to watch any ICT videos. You wouldn't have to watch anybody else jawboning about the markets, you went there, subscribe to any
	205	+|204 |00:39:03,660 ~-~-> 00:39:17,520 |services, his book would have put you in that trade. Okay. What is this trade look like? Well, from $8.40 to $9.40, that's $5,000 in price movement for one
	206	+|205 |00:39:17,520 ~-~-> 00:39:31,200 |contract to 1040, it's 10,000 to 1140, it's 15,000 to 1240, it's 20,000. And we're probably gonna go to 1340. So that'll be 25,000. If we're comparing apples
	207	+|206 |00:39:31,200 ~-~-> 00:39:40,410 |to oranges here, you know, Bitcoin versus soybeans. There's not a big move happening. And you can clearly admit this. There hasn't been these big moves
	208	+|207 |00:39:40,680 ~-~-> 00:39:52,890 |every year in Bitcoin. But there's always a big move in the commodity market. Every year. There's one every single year. So this is a megatrade. Okay, that I
	209	+|208 |00:39:52,890 ~-~-> 00:40:03,690 |like to find these types of moves. Most of my cynics like to think that I'm just a 20 PIP trader here, and I'm only interested This, that's where I Excel because
	210	+|209 |00:40:03,750 ~-~-> 00:40:12,390 |I'm a very short term thinker. And I can change my opinion very quickly. So it fits my personality Plus, it provides a way of teaching. And it gives my
	211	+|210 |00:40:12,390 ~-~-> 00:40:20,790 |students a plethora of examples to work with. Whereas if you look at something like this, where it takes a half a year to unfold, yes, I outline all this
	212	+|211 |00:40:20,790 ~-~-> 00:40:30,420 |stuff. But it takes a long time. And it's very boring to watch this, if you're if you're not familiar with what you're looking for, or watching, you're going
	213	+|212 |00:40:30,420 ~-~-> 00:40:43,410 |to lose interest in this whole thing. But it's the same element of knowing what price is likely to do, but not absolutely going to do. Okay, and having these
	214	+|213 |00:40:43,410 ~-~-> 00:40:54,900 |big moves each year. That's my primary focus. And I go through all the markets and I try to find where these big moves potentially will occur in Bitcoin,
	215	+|214 |00:40:55,020 ~-~-> 00:41:04,710 |because of everything that happened this year with the quote unquote, illness. That was one of the primary reasons why I said, Okay, if I take a step back and
	216	+|215 |00:41:04,710 ~-~-> 00:41:16,290 |look at how everything around the world is kind of coming to a halt, the economies are basically being attacked. And if that's the case, then this market
	217	+|216 |00:41:16,710 ~-~-> 00:41:30,960 |should start seeing a rapid increase. And it creates the well. It was quietly staying in consolidation, another area here where it's consolidated. And finally
	218	+|217 |00:41:30,960 ~-~-> 00:41:42,360 |it was just like, they got to keep it going, and then rallied on higher. So in short, in in closing, I would like to see a trade to 30,000. Will it? I don't
	219	+|218 |00:41:42,360 ~-~-> 00:41:56,040 |know. But I would not be surprised if it does not correct. And trade back down below 20 to make everybody feel uneasy about holding on to it. Like this was the
	220	+|219 |00:41:56,040 ~-~-> 00:42:10,650 |blow off move. While this is exceptional price action, I don't think this is it. Like if Bitcoin was going to climax reverse on a run higher. I don't see this as
	221	+|220 |00:42:10,650 ~-~-> 00:42:23,250 |capitulation yet. If that makes any sense to you, like I feel like this is just part of it. And then we'll see like this big huge, maybe one or two big long
	222	+|221 |00:42:23,250 ~-~-> 00:42:36,120 |candles, maybe we'll have, you know, 5000 or 6000 point candle, then, you know, I would feel like okay, we're getting nuts. Now everybody's dogpiling in on
	223	+|222 |00:42:36,120 ~-~-> 00:42:44,220 |this. If we see a day like that, or daily range, it does something like that, it doesn't necessarily have to be five or 6000 points, but something that's so
	224	+|223 |00:42:44,220 ~-~-> 00:42:52,980 |grandiose compared to everything else in the past. It basically you'll know it when you see it, I think that's the day that you should be rapidly trailing your
	225	+|224 |00:42:52,980 ~-~-> 00:43:07,230 |stop loss up using an hourly chart intraday, and kind of like locking in any realized unrealized, rather profits that had been accumulated at that point. But
	226	+|225 |00:43:07,230 ~-~-> 00:43:08,400 |right now, it's kind of like
	227	+|226 |00:43:10,320 ~-~-> 00:43:25,200 |Larry Williams said this beautifully in his four VHS tape. Of course, the futures manners confidential trading course, it's for cassette tapes, or VHS
	228	+|227 |00:43:25,230 ~-~-> 00:43:35,190 |tapes, rather. And it was produced in 1995. And mine were watched so many times, they no longer worked, so I don't have access to them anymore. But nonetheless,
	229	+|228 |00:43:35,550 ~-~-> 00:43:44,670 |he made a comment in there. And it's still I still think about all the time when I think about like mega moves, like these big mega trade type, big blow off
	230	+|229 |00:43:44,670 ~-~-> 00:43:55,200 |moves. He mentioned it about commercial markets. And I'll leave that for your study. If you buy the book. How many million dollar trading commodities last
	231	+|230 |00:43:55,200 ~-~-> 00:44:03,780 |year. It's just a wonderful book. It's a simple book. It's not highly technical. I don't subscribe to everything in there. But the things that he talks about
	232	+|231 |00:44:03,780 ~-~-> 00:44:14,760 |having million dollar setups, they work folks. Okay, so if you're looking for a book to buy, okay, maybe you have you some money that you got your stocking from
	233	+|232 |00:44:14,760 ~-~-> 00:44:23,700 |Santa, you spend a little bit of money support that guy, okay, because he's put out a lot of good stuff. I don't subscribe to everything. Okay, but that book is
	234	+|233 |00:44:23,700 ~-~-> 00:44:33,420 |absolutely gold. And it was written in 1970s. And it's still true today. But he made a comment about these big commercial bull markets that take off and really
	235	+|234 |00:44:33,420 ~-~-> 00:44:45,000 |run up crazy. Nobody knows where they're gonna go. Okay. And as I was talking to you in this video, I'm speaking and thinking about his voice in my head back in
	236	+|235 |00:44:45,000 ~-~-> 00:44:57,990 |1995. When I heard him in his course, say those very words. Nobody knows where it's going to go when you have these big mega moves. And I have racked my brains
	237	+|236 |00:44:59,010 ~-~-> 00:45:09,000 |from which 30 years Here's trying to solve that puzzle. And I'm here to tell you, I gave up on it because there really is no way, but you want to do this.
	238	+|237 |00:45:09,690 ~-~-> 00:45:19,560 |And this is his words, you want to wrap your arms around it, close your eyes, and just hold on for dear life, day come hell or high water, and see where you
	239	+|238 |00:45:19,560 ~-~-> 00:45:29,220 |end up six months later, because they can go so much farther than you want, or expect them to go. And I'm kinda like paraphrasing, but when I watched him say
	240	+|239 |00:45:29,220 ~-~-> 00:45:37,680 |that the first time, I was grinning, because I'm thinking myself, man, that's amazing. Like, I want to be in moves like that. Well, I think Bitcoin has some
	241	+|240 |00:45:37,680 ~-~-> 00:45:49,410 |of that still in it. So while this is great, I don't think this is the end of it. Okay, do we need to correct maybe, I would personally like to see it not do
	242	+|241 |00:45:49,410 ~-~-> 00:45:58,950 |it, I would like to see it say, you know, we spent too much time below 20,000, we don't need to be down anymore. That's kind of like my view on it. If Bitcoin
	243	+|242 |00:45:58,980 ~-~-> 00:46:05,730 |or crypto is exactly what everybody believes it is, it's going to be this juggernaut that no one's going to be able to stop. And I'm not trying to be
	244	+|243 |00:46:05,730 ~-~-> 00:46:14,340 |facetious, I'm not trying to make fun. I'm not trying to be sarcastic here. I'm saying, if that's really what this is, then this market should say, I don't need
	245	+|244 |00:46:14,340 ~-~-> 00:46:27,030 |to go back down the 20, I'm gonna flex and push myself to 50. That's the way I interpret it, does it need to go back down to 20? It could, but if it does, I
	246	+|245 |00:46:27,030 ~-~-> 00:46:35,310 |don't think it breaks it, you know what I mean? Like, I think it needs to go back down here. And that would serve two purposes. Number one, it would upset
	247	+|246 |00:46:35,310 ~-~-> 00:46:42,330 |anyone that has a child stoploss below this swing low. And if it goes below 20,000, it would upset those individuals that just want to see this old
	248	+|247 |00:46:42,330 ~-~-> 00:46:51,960 |resistance, quote, unquote, be acting as support, I think it can come back down with a deeper and scare everybody out of the idea of Okay, maybe it's gonna
	249	+|248 |00:46:52,050 ~-~-> 00:47:06,930 |crash, and then tear off higher again, and do what we saw here. Faster. Okay, that's what I would expect from this market. If it were to read, you know,
	250	+|249 |00:47:06,990 ~-~-> 00:47:20,670 |retrace and come back down. If we lose this low here, then we're probably gonna keep whatever high forms between that high, you know, being there and retracing
	251	+|250 |00:47:20,670 ~-~-> 00:47:31,410 |lower to this low here, then we'll have to work out some price action, speed bumps at that time, meaning that it consolidate, maybe trade a little bit lower,
	252	+|251 |00:47:31,950 ~-~-> 00:47:43,710 |or, basically, hands off, don't touch it for a little while. And that is honestly, the only thing that I see in price. And it probably did not help any
	253	+|252 |00:47:43,710 ~-~-> 00:47:50,460 |of you and probably confused some of you, or probably made you doubt some of the things you've already subscribed to. which is the reason why I hate doing these
	254	+|253 |00:47:50,460 ~-~-> 00:47:57,240 |kind of videos. It's not because I'm afraid to be right or wrong, because I already give you what I think is gonna happen like in my community tab. But I
	255	+|254 |00:47:57,240 ~-~-> 00:48:08,250 |like to think that if I can just inspire everyone in here to just remember, no one knows how far this thing can go up.
	256	+|255 |00:48:08,999 ~-~-> 00:48:19,019 |I don't think there's a limit on where it could go. That could be justified in anyone's eyes, like you can't, so nobody can come on YouTube, or go on the TV
	257	+|256 |00:48:19,019 ~-~-> 00:48:27,389 |and say, this is where bitcoins gonna go because of this, this this, it's impossible, that part is impossible, which is exciting thing for people that are
	258	+|257 |00:48:27,389 ~-~-> 00:48:35,909 |trading this market because that means you have tremendous opportunity. Now obviously, there's always risk. And I'm trying to sweet talk you into thinking,
	259	+|258 |00:48:36,119 ~-~-> 00:48:44,879 |this is the this is the be all end all everybody should be doing this. But it's exciting for me now, because like I've said, I've not been interested in this.
	260	+|259 |00:48:45,299 ~-~-> 00:48:53,819 |But around the summertime, it started giving me clues that hey, look, you know, you need to be paying attention to what what this is doing. And I was kind of
	261	+|260 |00:48:53,819 ~-~-> 00:49:01,139 |like talking to my my students. I said, Look, you know, it's, it's going to have to show its colors right now. If it's going to do it, it's going to do it. Now.
	262	+|261 |00:49:01,169 ~-~-> 00:49:14,639 |If it doesn't, here's the big here's the big thing. And I'm closing. If Bitcoin didn't do this, this year, I would have been on YouTube trashing it. literally
	263	+|262 |00:49:14,639 ~-~-> 00:49:24,449 |saying it's not going to do what you want it to do. Pretty much what I said about XRP. Okay. And then this is a Bitcoin video, but I just want to put this
	264	+|263 |00:49:24,449 ~-~-> 00:49:39,329 |up here. I called the high in this market to on Twitter. I said, here's the XRP market. So the weekly chart this, I called this up in here as well called some
	265	+|264 |00:49:39,329 ~-~-> 00:49:47,579 |run up into it. And then I said, it's done. It's dead money. And it's been dead money since then. And there's a lot of people out there that send me emails all
	266	+|265 |00:49:47,579 ~-~-> 00:49:56,609 |the time. And please don't send me emails, folks. If I see anything about XRP or ripple, I don't even read it. Okay, and I don't mean to be ignorant. I just have
	267	+|266 |00:49:56,609 ~-~-> 00:50:05,159 |very little time and when I get to the emails in order I received them It has anything to do with this market here. I literally just just completely send it
	268	+|267 |00:50:05,159 ~-~-> 00:50:16,229 |to the dubbin. I don't look at it. I don't read it. Yes, we had a little bit of a run up in here. But there's nothing in this. This is literally penny stocks.
	269	+|268 |00:50:16,349 ~-~-> 00:50:25,829 |Okay, it's performing like penny stocks, it would need to do something at a later time because as of right now, it's dead money. Now, if you remember and
	270	+|269 |00:50:25,829 ~-~-> 00:50:33,269 |look at how Bitcoin started, it did a lot of this kind of stuff. I mean, I don't think it was this cheap. But it did some squirrely looking things in the
	271	+|270 |00:50:33,269 ~-~-> 00:50:41,759 |beginning. Okay, and maybe down the road 510 years from now, maybe it will be less time if it's going to do I don't know, folks. Okay, but I'm just giving you
	272	+|271 |00:50:41,759 ~-~-> 00:50:48,839 |my opinion. And it means absolutely nothing. Okay, I don't have any vested interest in this. I'm this saying, every time I've talked about this one here,
	273	+|272 |00:50:48,929 ~-~-> 00:50:58,199 |and then some of you're saying shut up ICT, you're killing it. If you think I'm I'm talking this market down, making it go down, you don't believe what you
	274	+|273 |00:50:58,199 ~-~-> 00:51:07,439 |believe about it. Because it doesn't make a difference. When I say about it. I'm not even trading it. So it's, it's just me sharing what I see in the price
	275	+|274 |00:51:07,439 ~-~-> 00:51:20,279 |action. This is all classic penny stock activity. It's a pump and dump. Okay. You're not seeing that with Bitcoin. And that was what I meant when I said XRP
	276	+|275 |00:51:20,279 ~-~-> 00:51:29,129 |is dead money. So if you're going to be doing anything crypto, you know, at least be in Bitcoin, if you're going to do it at all, because that's where
	277	+|276 |00:51:29,129 ~-~-> 00:51:36,599 |everything's being poured into, it's going there. Now, there may be other coins and other things that they're, you know, starting to work in maybe some of you
	278	+|277 |00:51:36,599 ~-~-> 00:51:46,289 |are more savvy in regards to noticing what they are, you know, God bless you. But I'm only sticking to the things that I know very little about because
	279	+|278 |00:51:46,289 ~-~-> 00:51:57,899 |everything else is next to nothing. But bitcoins price action has this year showed me things that I have not been able to see consistently until 2020. And
	280	+|279 |00:51:57,899 ~-~-> 00:52:12,719 |it wasn't until again, post pandemic. So I hope you have at least considered the likelihood of this may be gone a little bit higher than what we're showing here.
	281	+|280 |00:52:13,049 ~-~-> 00:52:21,749 |I don't want to talk anybody out of a position because it would just be terrible for you to send me an email, say I see, You scared the living daylights out of
	282	+|281 |00:52:21,749 ~-~-> 00:52:30,059 |me. And I took everything off at this price level. And it goes to 100,000. You know, I would be terribly upset about that. So don't take anything I'm saying
	283	+|282 |00:52:30,059 ~-~-> 00:52:38,789 |here as investment advice. If you have a trade idea, and you think it's going to go to whatever level it is, you know what? Follow it stick to it, because I'm
	284	+|283 |00:52:38,789 ~-~-> 00:52:49,739 |probably wrong. If you looked at every time that I was trading on paper, not with my funds, these crypto markets, when I was trying to do it on a day by day
	285	+|284 |00:52:49,739 ~-~-> 00:53:01,469 |basis, like it was horrendous. It was so bad. Like, it was shameful, like, and that's why I said like I don't have any Mojo with this. Like I don't, when I
	286	+|285 |00:53:01,469 ~-~-> 00:53:07,319 |feel like I haven't I make it public knowledge. But that's it, it's not a lot, but they tend to be the bigger price swings.
	287	+|286 |00:53:09,869 ~-~-> 00:53:24,269 |This year, I've seen more using a four hour on a daily chart setups that I have not been able to see prior to midpoint of this year. So for everyone that has
	288	+|287 |00:53:24,269 ~-~-> 00:53:32,519 |followed me for a length of time, and you know, I've always said this, I don't see the same signatures in price that I see in forex, I'm starting to see them.
	289	+|288 |00:53:32,669 ~-~-> 00:53:41,639 |Now when I say that it doesn't mean I see everything that I see. In forex, that makes it so precise. I'm seeing a lot more of it now. And that means that the
	290	+|289 |00:53:41,639 ~-~-> 00:53:52,559 |boys, they're in this now they're really starting to pour into it. So if they're going to be involved in this, and if I'm accurate in my observations, then this
	291	+|290 |00:53:52,709 ~-~-> 00:54:01,259 |asset class is going to get really, really exciting. which kind of makes sense because if you look at forex, forex, it's kind of quiet right now, even though
	292	+|291 |00:54:01,259 ~-~-> 00:54:15,209 |it's going where we want it to go. It's slow and lethargic. And you can't compare, you know, with 20,000 points, you know, 20,000 points, versus, you
	293	+|292 |00:54:15,209 ~-~-> 00:54:21,989 |know, I'm looking at like 50 to 75 pips a week if I'm trading forex, not because that's all I can make. But that's kind of like, it's easy for me to do. It's
	294	+|293 |00:54:21,989 ~-~-> 00:54:31,559 |easy for me to find, and it gives me a lot of free time. I've never seen a market that can offer swings like that, like 20 points now 20,000 points, and
	295	+|294 |00:54:31,559 ~-~-> 00:54:42,689 |calling it and seeing, you know, this is where it's going to go. Like this could be a really amazing turn of events for traders. And some of you, Brian, we've
	296	+|295 |00:54:42,689 ~-~-> 00:54:49,319 |been doing this for all this time, Michael, where you've been? We've been trying to tell you Yeah, I get it, but there's the things that I'm looking for that
	297	+|296 |00:54:49,529 ~-~-> 00:54:58,739 |I've been very apprehensive about participating in because they're not there until now. And I'm hoping to see more of the things I look for in forex happen
	298	+|297 |00:54:58,739 ~-~-> 00:55:07,109 |in this asset class. Because if it does, I'm coming to dominate this one just like I did forex, and talk to you next time. Happy New Year, be safe, and I'll
	299	+|298 |00:55:07,109 ~-~-> 00:55:08,549 |talk to you again in 2021
5	5
6		-2
7		-00:00:42,630 ~-~-> 00:00:52,680
8		-I'm no longer on Twitter, you probably seen videos where I've shown invitations
9		-to follow me on Twitter, I don't have a Twitter account anymore. I don't have
10		-
11		-3
12		-00:00:52,680 ~-~-> 00:01:07,200
13		-Instagram anymore. The only thing I have is YouTube. But for those individuals
14		-that were following me, and I had just about 39,000 or so followers on my
15		-
16		-4
17		-00:01:07,200 ~-~-> 00:01:23,340
18		-Twitter account, and I was commenting various times throughout the year on
19		-Bitcoin and crypto and such, and everyone knows what the entire world has been
20		-
21		-5
22		-00:01:23,340 ~-~-> 00:01:39,360
23		-dealing with, since the beginning of the year, or there abouts in March
24		-timeframe. The the idea of crypto or Bitcoin, specifically, I mentioned that
25		-
26		-6
27		-00:01:40,440 ~-~-> 00:01:50,190
28		-everyone that was following me that if Bitcoin or crypto was going to be what
29		-everyone had hoped it would be, now's the time for it to shine and show its
30		-
31		-7
32		-00:01:50,190 ~-~-> 00:02:05,760
33		-colors. And that occurred right on schedule. So now there's been some commentary
34		-on my part, that I have been very adversarial. and kept at a distance when it
35		-
36		-8
37		-00:02:05,760 ~-~-> 00:02:20,970
38		-comes to crypto. The fact that it has traded, as it has here and offered levels
39		-of price runs that I like to see. I mean, this is, in my opinion, this is
40		-
41		-9
42		-00:02:20,970 ~-~-> 00:02:36,990
43		-phenomenal trading. This is a market that if it can maintain things like this is
44		-very exciting for 2021. Now, it's important for some of you that are new that
45		-
46		-10
47		-00:02:37,230 ~-~-> 00:02:50,010
48		-listen to me say what I'm about to say and say okay, well, there's no real way
49		-of me backing up or verifying what Michael says here. And I'll just leave it up
50		-
51		-11
52		-00:02:50,010 ~-~-> 00:03:00,240
53		-to you to decide whether or not it's something I really said or didn't say. But
54		-it's important that you use the community tab on my YouTube channel because it
55		-
56		-12
57		-00:03:00,240 ~-~-> 00:03:12,090
58		-has replaced my Twitter account. So I don't want to be on Twitter, Twitter
59		-actually censored me a couple times and froze my account for talking about
60		-
61		-13
62		-00:03:12,090 ~-~-> 00:03:25,890
63		-something that had nothing to do with anything that should have warranted that
64		-type of response by them. So I saw move my entire show here to my YouTube
65		-
66		-14
67		-00:03:25,890 ~-~-> 00:03:41,640
68		-channel. So if you go to YouTube channel, and you click on the community tab
69		-here, it'll give you posts. Now, I don't allow comments because I don't have any
70		-
71		-15
72		-00:03:41,640 ~-~-> 00:03:51,510
73		-interest in anyone else's opinions. And it may sound myopic to some. But I
74		-already know I'm going to be polarizing. And I'm not offering a stage for people
75		-
76		-16
77		-00:03:51,510 ~-~-> 00:04:08,940
78		-to advertise their self making the name for yourself, you know when you're in
79		-steam, but I have throughout this fall in the month of December really outlined
80		-
81		-17
82		-00:04:10,260 ~-~-> 00:04:26,700
83		-this run here on Bitcoin. Now, my group that was following me on Twitter, back
84		-in July, knows that I was talking about it running from there. And then in my
85		-
86		-18
87		-00:04:26,700 ~-~-> 00:04:39,600
88		-private group, mentorship, we talked a little bit about it periodically and
89		-again, I do not talk about crypto in mentorship. Okay, so I like to bring that
90		-
91		-19
92		-00:04:39,600 ~-~-> 00:04:50,100
93		-up multiple times because I don't want anybody thinking I'm dangling a carrot
94		-here because I'm learning crypto. Okay, so it's important that you understand on
95		-
96		-20
97		-00:04:50,100 ~-~-> 00:05:05,430
98		-transparency here. I don't have any immediate interest in trading it it just has
99		-now moved To a degree of more interest by me, okay, whereas before I really
100		-
101		-21
102		-00:05:05,430 ~-~-> 00:05:13,920
103		-wasn't interested in at all, I'm interested in it now. So some of you may be
104		-laughing and saying, Oh, you missed the party, you missed the biggest bull
105		-
106		-22
107		-00:05:13,920 ~-~-> 00:05:26,580
108		-market in the world, blah, blah, blah. Yeah, it's moved a lot of points. But in,
109		-there's big moves or mega trades every single year. And what you do with it, is
110		-
111		-23
112		-00:05:26,580 ~-~-> 00:05:28,710
113		-the most important thing. And
114		-
115		-24
116		-00:05:29,790 ~-~-> 00:05:43,110
117		-while this may be a stunning price rally, I was pretty much involved in calling
118		-most of it, okay, here. And there's a backdrop behind this that some of you are
119		-
120		-25
121		-00:05:43,650 ~-~-> 00:05:57,060
122		-probably not up to speed with. And if you recall, back in 2018, I was really
123		-calling Bitcoin lower. And then ultimately, I said that, I felt that would go to
124		-
125		-26
126		-00:05:57,060 ~-~-> 00:06:07,200
127		-100. And at the time, I said it, I meant it. And I kind of went over this on my
128		-community tab, but without rehashing that, just know that when I said that, I
129		-
130		-27
131		-00:06:07,200 ~-~-> 00:06:19,980
132		-meant it. And there was other supported reasons why I wanted to say it and
133		-publicly make it known. But I had no horse in the race. So it really is no skin
134		-
135		-28
136		-00:06:19,980 ~-~-> 00:06:28,530
137		-off my back. And crypto has never really been my forte, I never claimed to know
138		-how it works. And to be quite honest with you, I don't even know how to open up
139		-
140		-29
141		-00:06:28,530 ~-~-> 00:06:37,710
142		-an account to trade this asset class. So that's how little I know about it, I
143		-just look at the candles, and I share my opinion publicly, whenever I feel
144		-
145		-30
146		-00:06:37,740 ~-~-> 00:06:45,660
147		-inspired to do so. And there's been a few times I've been wrong, but by far and
148		-large, you know, with the exception of me obviously being facetious and meaning
149		-
150		-31
151		-00:06:45,660 ~-~-> 00:06:59,970
152		-it's still at the same time calling Bitcoin at 100. It's been pretty, pretty
153		-interesting to see my public calls have been good. But in full transparency, if
154		-
155		-32
156		-00:06:59,970 ~-~-> 00:07:14,430
157		-I look at it, like I did, forex for over the number of years, I've been focusing
158		-primarily on it since 2006. That I've been trading markets since 1992, but
159		-
160		-33
161		-00:07:15,330 ~-~-> 00:07:26,910
162		-focused primarily on forex in 2006. But I have not really had a vested interest
163		-in crypto, only because of my students, they have an interest of constantly
164		-
165		-34
166		-00:07:26,910 ~-~-> 00:07:35,460
167		-pinging me for my opinion about what I think it's going to do. And as I
168		-mentioned, on Twitter, at the time, when I had an account, I said, if it ever
169		-
170		-35
171		-00:07:35,460 ~-~-> 00:07:46,230
172		-does stage or run to 20,000, I will let you know. And I made this public
173		-knowledge. And I didn't hide it in some secret membership. I put I put it out
174		-
175		-36
176		-00:07:46,230 ~-~-> 00:07:58,050
177		-there. And there it is. But I kind of want to talk a little bit about why I felt
178		-it was going to go up and trade where it's at now and tell you where I think it
179		-
180		-37
181		-00:07:58,050 ~-~-> 00:08:09,720
182		-might go to. And also talk about why I don't think anybody really knows what's
183		-going to happen. So it's a little bit of a sobering message to this. But also
184		-
185		-38
186		-00:08:09,720 ~-~-> 00:08:22,320
187		-just sharing what I think I see here in the chart, it's important to understand
188		-before I go into it, that I do not have an account trading crypto, I do not have
189		-
190		-39
191		-00:08:22,320 ~-~-> 00:08:31,470
192		-any interest in pumping it or inspiring it to go lower. Okay, so I have an
193		-indifference here, it doesn't make a difference to me if it goes higher, or if
194		-
195		-40
196		-00:08:31,470 ~-~-> 00:08:42,930
197		-it goes lower. I'm just commenting on his objectively as I possibly can. And
198		-sharing that view or opinion with you here. It's not meant to be in in vestment
199		-
200		-41
201		-00:08:42,930 ~-~-> 00:08:52,440
202		-advice. It's not meant to inspire you to buy it or go short. It's just that I've
203		-been asked multiple times because we had this big price around here. And some of
204		-
205		-42
206		-00:08:52,440 ~-~-> 00:08:55,950
207		-my students that are following me from afar
208		-
209		-43
210		-00:08:57,060 ~-~-> 00:08:57,570
211		-have
212		-
213		-44
214		-00:08:57,660 ~-~-> 00:09:05,010
215		-seen this move and have not been aware of the community tab on my YouTube
216		-channel. So everything's there, it's dated, you can see the comments I've had
217		-
218		-45
219		-00:09:05,010 ~-~-> 00:09:21,570
220		-about it. So let's talk a little bit about what I saw this year. And what led to
221		-this price run. I said back in the beginning here we had this I'm not going to
222		-
223		-46
224		-00:09:21,570 ~-~-> 00:09:31,290
225		-say the word because it's gonna like my video and I don't want to have any
226		-issues with that. But you all know what this is referring to. And the market
227		-
228		-47
229		-00:09:31,290 ~-~-> 00:09:45,960
230		-tanked like everything else here. But at the time. This is when if crypto was
231		-going to be the the great alternative to Fiat, then this should be a time at
232		-
233		-48
234		-00:09:45,960 ~-~-> 00:10:01,200
235		-which it will really start to show its true colors. If that's in fact what it
236		-is. Now, do I believe that Bitcoin will be the benchmark forever In crypto, if
237		-
238		-49
239		-00:10:01,650 ~-~-> 00:10:12,420
240		-we're to assume that it eventually does replace Fiat, I'm not here to say it
241		-will. I'm just making the argument here that if Fiat is completely done away
242		-
243		-50
244		-00:10:12,420 ~-~-> 00:10:27,090
245		-with and everything goes to a digital currency, I do not believe that Bitcoin
246		-will be the standard. Okay, I think it will be replaced by something else. And
247		-
248		-51
249		-00:10:27,090 ~-~-> 00:10:37,680
250		-I'm not a student enough to know what that is. Okay, so I'm kind of like, being
251		-as honest as I possibly can. I just believe in my heart that this is just the
252		-
253		-52
254		-00:10:37,680 ~-~-> 00:10:49,140
255		-beginning of something. Okay. And they may adopt something else entirely, but
256		-still be crypto. And there it is. But whatever that thing is, that replaces
257		-
258		-53
259		-00:10:49,140 ~-~-> 00:11:03,600
260		-Bitcoin will do what you see here in Bitcoin faster than what we saw here. So I
261		-think it was in 2012. If I'm not mistaken, I think it's about when I was being
262		-
263		-54
264		-00:11:03,600 ~-~-> 00:11:14,070
265		-asked, I had a interview with a group of traders that were really, really
266		-interested in Bitcoin back then. And it was trading under 1000 is like a couple
267		-
268		-55
269		-00:11:14,070 ~-~-> 00:11:26,340
270		-$100 for a Bitcoin. And I didn't have any interest back then either. And I said,
271		-you know, I'm not interested in I'll have to see what it does. And the idea of
272		-
273		-56
274		-00:11:26,670 ~-~-> 00:11:41,040
275		-this asset class, replacing Fiat has been argued for law since the inception of,
276		-you know, the crypto markets, I think that there will be a another coin or
277		-
278		-57
279		-00:11:41,040 ~-~-> 00:11:56,220
280		-something to that effect, that will become more favored than this one. Will it
281		-mean that this goes away entirely? I don't know. Does it mean that there won't
282		-
283		-58
284		-00:11:56,220 ~-~-> 00:12:08,100
285		-be other currencies? Like we have different countries, then they have their own
286		-individual currency? Will they have their own individual cryptocurrency? I kind
287		-
288		-59
289		-00:12:08,100 ~-~-> 00:12:17,640
290		-of think that's what's happening initially. Before all Fiat goes away, I think
291		-every country is eventually going to want to do that. There's been obviously
292		-
293		-60
294		-00:12:17,640 ~-~-> 00:12:26,520
295		-talks about the digital dollar. I'm not afraid of that. I don't think there's
296		-any real concern. And ultimately, if I'm wrong and say, Fiat just completely
297		-
298		-61
299		-00:12:26,520 ~-~-> 00:12:39,420
300		-disappears overnight. Because 2020 has been relentless with doing plot twists
301		-throughout the year. The the idea of Fiat gone away immediately, and maybe that
302		-
303		-62
304		-00:12:39,420 ~-~-> 00:12:52,680
305		-impacts forex. The big question is, you know, is it over for forex? No, I don't
306		-believe that's the case. I think if Fiats done away with, then we'll still apply
307		-
308		-63
309		-00:12:52,680 ~-~-> 00:13:03,990
310		-the same things, which we do with forex, and comparing the contrast and looking
311		-for leaders and laggards in terms of relative strength and which currency has
312		-
313		-64
314		-00:13:03,990 ~-~-> 00:13:11,370
315		-the most interest. And I think this the effects of interest rates, and
316		-differentials will still have an impact there, it just won't be done in the
317		-
318		-65
319		-00:13:11,370 ~-~-> 00:13:20,160
320		-capacity of a fiat currency, it will be done in crypto. Now, that's my
321		-assumptions. And I may absolutely be incorrect. And maybe there's a lot of you
322		-
323		-66
324		-00:13:20,160 ~-~-> 00:13:27,210
325		-out there that know more about this than I do. And you're shaking your head
326		-saying this guy's a noob. He has no idea. I've already admitted. Every time I
327		-
328		-67
329		-00:13:27,210 ~-~-> 00:13:38,490
330		-talk about this, this asset class, I preface it by saying that, because I don't
331		-want to sound like and I hope you can see the difference here. Okay. I am
332		-
333		-68
334		-00:13:38,970 ~-~-> 00:13:45,750
335		-admittedly uncomfortable talking about this crypto space, okay.
336		-
337		-69
338		-00:13:47,610 ~-~-> 00:13:56,010
339		-That's why it sounds like arrogance, when I'm talking about forex or futures.
340		-Because I'm comfortable there. And I know what I'm talking about. Here, I'm just
341		-
342		-70
343		-00:13:56,010 ~-~-> 00:14:08,700
344		-sharing my feelings, my opinions, my thoughts, my concerns about it, and
345		-admitting that there's absolutely no harm to me if I'm wrong or right, because
346		-
347		-71
348		-00:14:08,700 ~-~-> 00:14:22,200
349		-I'm not invested in it at all. But I'm fascinated to see the things I'm going to
350		-cover here still showing its hand in the delivery of price here. But I want you
351		-
352		-72
353		-00:14:22,200 ~-~-> 00:14:32,400
354		-to also remember that there's absolutely no one out there, no one out there
355		-knows where bitcoins ultimately going to go. We are clearly in all time highs in
356		-
357		-73
358		-00:14:32,430 ~-~-> 00:14:44,220
359		-any market that trades at an all time high. There's absolutely no way to
360		-determine with any great accuracy, or a surety that you know where it's going to
361		-
362		-74
363		-00:14:44,220 ~-~-> 00:14:55,980
364		-go to. So what I'm going to show you what I believe led to me calling the levels
365		-that I called shared with my students and also I shared some levels with the
366		-
367		-75
368		-00:14:56,010 ~-~-> 00:15:04,980
369		-YouTube community tab. I'm going to go over some of that tell you why I believed
370		-it was going to happen. And then you can see whether there was any validity to
371		-
372		-76
373		-00:15:04,980 ~-~-> 00:15:15,900
374		-it. I promise you, there is no secret sauce stuff that I'm not sharing here.
375		-Because I don't have anything that I want to plug in to crypto at this moment.
376		-
377		-77
378		-00:15:16,260 ~-~-> 00:15:26,730
379		-And I don't have any confidence in it. So I just look at pure price delivery,
380		-and order block theory. And it's all I'm looking at here. So with that, just
381		-
382		-78
383		-00:15:26,730 ~-~-> 00:15:39,360
384		-know that this was the precursor to seeing all this price run up, it was maximum
385		-pessimism, and fear, which is where something that is underlying Lee strong. And
386		-
387		-79
388		-00:15:39,360 ~-~-> 00:15:51,210
389		-this is something if you're taking notes you should be be the idea of a market
390		-that is predisposed to go up. Okay, a market is primarily bullish, if there's
391		-
392		-80
393		-00:15:51,240 ~-~-> 00:16:04,800
394		-ever a sharp decline, okay, or a rapid run to lower prices. Many times if you're
395		-zoomed in really tight, and you're only looking at about two weeks worth of
396		-
397		-81
398		-00:16:04,830 ~-~-> 00:16:18,330
399		-data, this is going to look horrific. But when you zoom out a little bit, it
400		-gives you a better, I guess, perspective on how much of an impact that really
401		-
402		-82
403		-00:16:18,330 ~-~-> 00:16:27,390
404		-had. But at the time watching it and all the uncertainty that was coming out
405		-around March of the year, everybody was taking guesses about what was going on.
406		-
407		-83
408		-00:16:27,390 ~-~-> 00:16:40,320
409		-And nobody really wanted to be a participant of any any market. That maximum
410		-fear in a market that is predisposed to go up. Its underlying Lee bullish if
411		-
412		-84
413		-00:16:40,320 ~-~-> 00:16:54,660
414		-it's really just primed to go higher. Any market like that, in those instances,
415		-offer these types of climax reversals, okay, where it just looks like it's going
416		-
417		-85
418		-00:16:54,660 ~-~-> 00:17:10,170
419		-down forever go down. But it turns on a dime and starts to go the other way. In
420		-July, I felt that we had that effect here, we had a reversal of sorts. And if it
421		-
422		-86
423		-00:17:10,170 ~-~-> 00:17:23,700
424		-was going to go higher if crypto was going to be the, the answer to Fiat, the
425		-market should start pricing higher. And it was consolidate for a little bit, we
426		-
427		-87
428		-00:17:23,700 ~-~-> 00:17:30,990
429		-had this little bit of a run here. We came back down rebalanced, and ran out
430		-some relative equal lows in here, you can look at this on your own charts, I
431		-
432		-88
433		-00:17:30,990 ~-~-> 00:17:41,640
434		-just want to get through this because already kind of too long, but an optimal
435		-trade entry here and running on the sell side liquidity there. And you can see
436		-
437		-89
438		-00:17:41,640 ~-~-> 00:17:51,870
439		-some old support resistance ideas if you'd like that kind of thing, but I don't.
440		-But we had a run here. And then we had price drop back down into another optimal
441		-
442		-90
443		-00:17:51,870 ~-~-> 00:18:04,380
444		-trade entry there. And I want to kind of zoom in on that. Alright, so we have
445		-this run and decline these two down close candles as your order block.
446		-
447		-91
448		-00:18:12,690 ~-~-> 00:18:24,210
449		-case, you can see how market ran up and broke down. The 20,000 is where
450		-everybody was looking forward to go to and 2017. I said that we were going to go
451		-
452		-92
453		-00:18:24,210 ~-~-> 00:18:34,830
454		-from 6500 to 10. And then from 10 to 20. This is all during my time on Twitter.
455		-There's a lot of people that screen capture all this stuff. Do I have access to
456		-
457		-93
458		-00:18:34,830 ~-~-> 00:18:45,540
459		-it now? No, I don't care. Okay, but there was many of you out there that No, I
460		-said this. And then I also said, this is a story guy real briefly. My wife asked
461		-
462		-94
463		-00:18:45,540 ~-~-> 00:18:56,010
464		-me the day before Bitcoin made a tie. She asked me, have you bought any Bitcoin?
465		-And I said, What did you just say to me? And my wife was sitting next to me on
466		-
467		-95
468		-00:18:56,010 ~-~-> 00:19:06,390
469		-the couch and she says, Did you buy bitcoin? It's going up. And I said, Hold
470		-that thought right there. And I really went to Twitter and said, Okay, my, my
471		-
472		-96
473		-00:19:06,390 ~-~-> 00:19:13,590
474		-original idea was, Bitcoin was going to go to 20,000. But I'm telling you right
475		-now, it's not going to go to 20,000. And here's the reasons why my wife said I
476		-
477		-97
478		-00:19:13,590 ~-~-> 00:19:21,180
479		-should be buying Bitcoin. Now, this is not ladies, please don't be mad. And I'm
480		-not making fun of my wife, I love my wife.
481		-
482		-98
483		-00:19:21,749 ~-~-> 00:19:22,379
484		-But
485		-
486		-99
487		-00:19:22,650 ~-~-> 00:19:34,470
488		-if my wife is telling me to be buying Bitcoin, she's the last person that would
489		-know, to be buying Bitcoin. So if she's telling me it's a good buy, that means
490		-
491		-100
492		-00:19:34,500 ~-~-> 00:19:41,880
493		-everybody thinks the same thing. So therefore it's not going to 20,000 so that's
494		-the reason why I went on the Twitter immediately and said, okay, it's not going
495		-
496		-101
497		-00:19:41,880 ~-~-> 00:19:50,910
498		-to 20,000 and I looked at the chart, and I said it's going to go basically just
499		-6000 and everybody laughed me off the internet. It is what it is. It went down
500		-
501		-102
502		-00:19:50,910 ~-~-> 00:20:00,780
503		-to 6000 that I called 3000 and went down to like 34 something ish. Yeah, I don't
504		-know exactly what it was, but then go to 3000 I was wrong. There. And at that
505		-
506		-103
507		-00:20:00,780 ~-~-> 00:20:08,970
508		-point, I really didn't know what it was going to do. And everybody was hammering
509		-me because I called the top in Bitcoin and I called the slide to 6000. I called
510		-
511		-104
512		-00:20:09,330 ~-~-> 00:20:18,540
513		-the slide almost to 3000. And everybody was waiting for that 3000 still, and I
514		-said, You know what, I don't know what's going to happen. But I can't handle
515		-
516		-105
517		-00:20:18,540 ~-~-> 00:20:30,810
518		-everybody coming at me with crypto because I'm a forex guy, okay? I'm a futures
519		-guy. I'm a limited market type person, I have obsessive compulsive disorder. And
520		-
521		-106
522		-00:20:30,840 ~-~-> 00:20:41,040
523		-it's very easy for me to be distracted. So I did what I did, I said, Here's is,
524		-I think, ultimately bitcoins gonna crash and go to 100. And I put it out there.
525		-
526		-107
527		-00:20:41,640 ~-~-> 00:20:52,560
528		-And it obviously turned a lot of people off made enemies. Have some of my
529		-followers with me, oh, you're, you're, you're a Fudd, or whatever that is, you
530		-
531		-108
532		-00:20:52,560 ~-~-> 00:21:04,440
533		-guys talk about it. Now, what's the negative side of it. So it worked, though,
534		-hey, got everybody off my back about crypto. And it allowed me to focus on the
535		-
536		-109
537		-00:21:04,440 ~-~-> 00:21:18,870
538		-markets that I focus on. So that's why this is labeled as the milestone because
539		-it never really got to 20,000. So 20,000 was that benchmark it needed to reach
540		-
541		-110
542		-00:21:18,870 ~-~-> 00:21:33,990
543		-to and through. And we just got to very close on the first of December off of
544		-this optimal trade entry here, and then it consolidated and drop down. This in
545		-
546		-111
547		-00:21:33,990 ~-~-> 00:21:45,240
548		-itself is an optimal trade entry. But before I go into this one, I'm going to
549		-show you the structure on this, that leads to some of the targets. So the low
550		-
551		-112
552		-00:21:45,240 ~-~-> 00:21:58,530
553		-here to this high. Okay, now I'm using the wicks in the tails. Now, most of the
554		-time, you see me doing exercises, where I'll draw the fib and the bodies of the
555		-
556		-113
557		-00:21:58,530 ~-~-> 00:22:07,200
558		-candles, because it's the bulk of the volume. If I'm looking for targets, and I
559		-really want to consider the entire range that could be available. I'm going to
560		-
561		-114
562		-00:22:07,200 ~-~-> 00:22:19,110
563		-use this the lowest tail and the highest wick. Why am I doing it here and not
564		-using the bodies, because we're trading or expected to trade to all time highs.
565		-
566		-115
567		-00:22:19,680 ~-~-> 00:22:30,000
568		-So I want to incorporate the maximum amount of range that could be available to
569		-me, if I'm going to be utilizing the fib for target selection. Now, by itself.
570		-
571		-116
572		-00:22:30,540 ~-~-> 00:22:40,920
573		-The fib at this point, is the only thing I can lean on for targeting. And this
574		-is the reason why I said in the beginning video, nobody has any idea where
575		-
576		-117
577		-00:22:40,920 ~-~-> 00:22:48,990
578		-Bitcoin is going to go. Okay, I like to think that it's going to go to 30,000.
579		-Because it just, it's a nice round number. It's a reward for everybody that's
580		-
581		-118
582		-00:22:48,990 ~-~-> 00:23:00,360
583		-held on this long, it'll really get everybody interested in it. Everybody wanted
584		-to see it get to 20. But how does it trade above 20. And I said, if it does go
585		-
586		-119
587		-00:23:00,360 ~-~-> 00:23:12,480
588		-above 20, he needs to do what we see here. Just run, run, run, go go go. Okay.
589		-My concern is, this is one of the things I'm wondering if it's gonna happen or
590		-
591		-120
592		-00:23:12,480 ~-~-> 00:23:24,150
593		-not. If I was trading it, if I was in this, if I had money in this market, which
594		-I do not trade crypto, I don't have live money in this asset class, I would want
595		-
596		-121
597		-00:23:24,150 ~-~-> 00:23:37,230
598		-to see it trade to 30. If it got the 30, I would probably download about 85% of
599		-whatever I held. And then wait and see what happens with a stop below here.
600		-
601		-122
602		-00:23:39,120 ~-~-> 00:23:48,630
603		-On the community tab, I gave you some levels. And I said, You know, I don't know
604		-what it's going to do. But I feel that as long as we stayed above 17 eight,
605		-
606		-123
607		-00:23:49,260 ~-~-> 00:24:02,610
608		-which would be essentially, here's the low here at 117 569. I don't think that
609		-needed to go back up below rather 17 eight, which would be potentially running
610		-
611		-124
612		-00:24:02,610 ~-~-> 00:24:13,470
613		-below this low. If it did that, then that's for me problematic that would be
614		-breaking down in market structure, whereas everything here has been bullish. So
615		-
616		-125
617		-00:24:13,470 ~-~-> 00:24:20,190
618		-some of the targets I was looking at was from this low to this high. And it
619		-trades back down into optimal trade entry, which is what I teach on this
620		-
621		-126
622		-00:24:20,190 ~-~-> 00:24:35,190
623		-channel. It's kind of like the flagship pattern. And then we have multiple
624		-levels that are hit here. 28 927 level 27 and 3925 was no problem whatsoever.
625		-
626		-127
627		-00:24:35,610 ~-~-> 00:24:51,510
628		-But I like these up here and targeting the 30,000 that to my concerns, will
629		-30,000 act like 20 did in 2017 and just fall short of it and create a issue
630		-
631		-128
632		-00:24:51,510 ~-~-> 00:25:00,870
633		-where we have to come back down below 20,000. I think ultimately if it were to
634		-do that, that's not necessarily a bad thing. It's not What you probably want to
635		-
636		-129
637		-00:25:00,870 ~-~-> 00:25:09,390
638		-hear, especially if you're long, or if you've been buying in here or up here, if
639		-you're buying up there, I would be nervous, I wouldn't chase it like that. Just,
640		-
641		-130
642		-00:25:09,720 ~-~-> 00:25:24,690
643		-that's just me, I wouldn't do it. But if it were to fail to get to 30, and trade
644		-back down below 20, I would like to see it, pick up some buying it this area
645		-
646		-131
647		-00:25:24,690 ~-~-> 00:25:35,730
648		-right in here. Okay, so it can go back below 20 a little bit, but I don't think
649		-it needs to come back down below here. I think everybody stop is here. So if it
650		-
651		-132
652		-00:25:35,730 ~-~-> 00:25:44,970
653		-did come back down, it could retest this old high, but I would like to see it go
654		-through it a little bit. And focus on this candle right there. Now, again,
655		-
656		-133
657		-00:25:45,390 ~-~-> 00:25:56,220
658		-that's just an expectation, if it were to fail to get the 30. I personally think
659		-they're going to push it to 30 before we turn to 2021. And I wouldn't be
660		-
661		-134
662		-00:25:56,220 ~-~-> 00:26:11,610
663		-surprised if they really ram it up there through 30, you buy five or 6000 more
664		-points beyond that. So like 35 36,000, I think 38. And let's see if we have a
665		-
666		-135
667		-00:26:11,610 ~-~-> 00:26:20,490
668		-level here. Now we don't have it on this one. But you'll see it most likely on
669		-here. The next optimal trade entry is this. And whenever you're trading at all
670		-
671		-136
672		-00:26:20,490 ~-~-> 00:26:32,820
673		-time highs, this is kind of like the the process, it just keeps becoming a
674		-guessing game. Because you don't know nobody knows what this markets going to
675		-
676		-137
677		-00:26:32,820 ~-~-> 00:26:40,860
678		-do. They don't know where it's going to go. Obviously, some of you're shaking
679		-your head saying it's going 100,000 ICT, it's going to a million ICT, it's going
680		-
681		-138
682		-00:26:40,860 ~-~-> 00:26:51,330
683		-to 50,000 ICT, everybody has their target, you know, and well, I could just call
684		-out levels and say, you know, this is what I think this is what I believe
685		-
686		-139
687		-00:26:52,290 ~-~-> 00:27:01,950
688		-there's really nothing that I can say this is the reason why except for a fit
689		-here. And I don't trade with just a fit. It may look like that some when they
690		-
691		-140
692		-00:27:01,950 ~-~-> 00:27:12,810
693		-watch me do things in my videos. But I promise you that fib is only giving me
694		-one small little piece. And that's where we're at with this. And regardless if
695		-
696		-141
697		-00:27:12,810 ~-~-> 00:27:26,340
698		-you want to agree with my analysis here, or if my opinion, or my thoughts about
699		-it, you have nothing, zero, nothing except for hope, hope and expectation that
700		-
701		-142
702		-00:27:26,340 ~-~-> 00:27:34,710
703		-it's going to go to your specific target. Just like I had hope and expectation,
704		-just to see if I was at a morbid curiosity, if I was going to be correct. If it
705		-
706		-143
707		-00:27:34,710 ~-~-> 00:27:44,550
708		-ran up of 20,000. Before Christmas, it did. Did it trade to the levels I put on
709		-my community tab? Yes, it did. Is it skill? No, there wasn't no skill there, it
710		-
711		-144
712		-00:27:44,550 ~-~-> 00:27:55,950
713		-was just me looking at how it could potentially expand up into those levels, and
714		-maybe even go way beyond that. But no one can really say with any absolute
715		-
716		-145
717		-00:27:56,880 ~-~-> 00:28:05,520
718		-evidence to support their idea where it's going to go on evaluation, like you
719		-can't look over here on this axis of the chart and say, this is where bitcoins
720		-
721		-146
722		-00:28:05,520 ~-~-> 00:28:16,980
723		-gonna go because of this, this, this and this. Whereas if we have traded to an
724		-old level before, it's easy to look at things and rationalize it with technicals
725		-
726		-147
727		-00:28:17,280 ~-~-> 00:28:28,290
728		-to justify and present that argument. Whereas right now, everybody has their own
729		-opinion about this market and where they think it's going to go. And no one has
730		-
731		-148
732		-00:28:28,320 ~-~-> 00:28:39,030
733		-any way to quantify that. You just can't do it. So let's take a look at the
734		-weekly chart and close this video because it's too long as it is.
735		-
736		-149
737		-00:28:40,140 ~-~-> 00:28:55,350
738		-Alright, so let's go back out to a higher timeframe chart and we'll look at this
739		-leg here. So if we use the lowest low here, up to this right there. All right,
740		-
741		-150
742		-00:28:55,350 ~-~-> 00:29:05,670
743		-I'm going to crunch this up a little bit. So from this low to this high retrace
744		-back down, yes, we overshot a little bit. But again, I already stated multiple
745		-
746		-151
747		-00:29:05,670 ~-~-> 00:29:18,000
748		-times. I'm not just a fib guy, fibs are just a tool I like to use to provide
749		-more Confluence around the level that I would already be looking for anyway. And
750		-
751		-152
752		-00:29:18,000 ~-~-> 00:29:27,600
753		-if a fib overlaps with it, then great if it doesn't, whatever. But I've looked
754		-at some of these levels here. And let's just say we get some crazy blow off move
755		-
756		-153
757		-00:29:27,630 ~-~-> 00:29:41,040
758		-that goes above 30. There you go. That's the level I would look for if we get 30
759		-and run through. And then after there, I don't know. I don't know. could you do
760		-
761		-154
762		-00:29:41,070 ~-~-> 00:29:52,260
763		-this? Could you go back to something like this low here, and why am I picking
764		-this low? Because this is the most dynamic one out of all this price action. Now
765		-
766		-155
767		-00:29:52,260 ~-~-> 00:30:06,210
768		-that I think about it, as I'm looking at this chart, I think it was one was it.
769		-I think it was 2014. Yeah, I mentioned early 2012 it was 2014. I think this
770		-
771		-156
772		-00:30:06,210 ~-~-> 00:30:20,160
773		-fellows they were initially interviewing me asking me what my opinion was about
774		-Bitcoin. I may have that date wrong still, but I just for sake of discussion, I
775		-
776		-157
777		-00:30:20,160 ~-~-> 00:30:34,050
778		-wish I could remember who it was. But anyway, I held the main I maintain the the
779		-opinion about crypto and Bitcoin, the same up until right now this at this
780		-
781		-158
782		-00:30:34,050 ~-~-> 00:30:43,860
783		-moment here. So, am I saying I'm going to start trading Bitcoin? No, I'm saying
784		-I'm interested in I'm gonna start following it. And if it can continuously Give
785		-
786		-159
787		-00:30:43,860 ~-~-> 00:30:52,590
788		-me what I'm looking for, and the things I see in forex, then I'll probably start
789		-trading. But right now, I have an official interest in it. But you can see here
790		-
791		-160
792		-00:30:52,590 ~-~-> 00:31:04,290
793		-using this optimal trade entry here. These are some levels also that could lend
794		-well to upside, should we get some kind of crazy, explosive, wild run, like in
795		-
796		-161
797		-00:31:04,290 ~-~-> 00:31:16,650
798		-the 1970s commodity markets. So I don't know. Okay, I want to kind of like end
799		-it with that I don't know where it's going to go. I personally just want to see
800		-
801		-162
802		-00:31:16,650 ~-~-> 00:31:28,080
803		-it, trade 230. Okay, if it goes to 30,000, I'm content. And in my mind, the
804		-paper trade that I would have assumed in here, you would have gained to the
805		-
806		-163
807		-00:31:28,080 ~-~-> 00:31:36,270
808		-degree that I would have liked to participate in. And then I would move myself
809		-to the sidelines, and then leave a small portion on the see if it can run into
810		-
811		-164
812		-00:31:36,270 ~-~-> 00:31:49,950
813		-something like this, or kind of like do like, I think it's hodler rice is like
814		-hold on for dear life. Again, I'm showing my you know, neophyte stance and all
815		-
816		-165
817		-00:31:49,950 ~-~-> 00:31:59,160
818		-this, but I'm being as honest as I possibly can, because there are very sincere
819		-people that have been with me for a number of years, they already understand I
820		-
821		-166
822		-00:31:59,160 ~-~-> 00:32:10,290
823		-don't trade it, they already understand that I have a, a willingness to try to
824		-distance myself from it. But they have sincerely asked if I would make my views
825		-
826		-167
827		-00:32:10,290 ~-~-> 00:32:20,370
828		-on it public. And this is what I got for right now. It may be nonsense that some
829		-of you may be absolutely a waste of your time. And for that, I apologize. But
830		-
831		-168
832		-00:32:20,430 ~-~-> 00:32:30,660
833		-I'm making the video for those individuals that are interested in this, from my
834		-perspective. And I just hope it doesn't entice anyone to do something that would
835		-
836		-169
837		-00:32:30,690 ~-~-> 00:32:44,820
838		-either remove potential profitability, or put them in a losing trade, I try to
839		-carry myself with that every time I talk about the markets as a whole. But I
840		-
841		-170
842		-00:32:44,820 ~-~-> 00:32:52,800
843		-know everybody's excited about this one right now, because this is where all the
844		-money's pouring, like this is, that's why I talked about it publicly. Every time
845		-
846		-171
847		-00:32:52,800 ~-~-> 00:33:04,950
848		-I do a public call, like that's kind of like, where it's at, like, I don't have
849		-a secret society, we're often doing calls or signals. If I put it out there,
850		-
851		-172
852		-00:33:05,370 ~-~-> 00:33:16,290
853		-that's where I'm going to be weighed in the balance. And I leave it there. Any
854		-trade examples I share has always been a public display. So that way, you can
855		-
856		-173
857		-00:33:16,290 ~-~-> 00:33:25,530
858		-see it, and either I sink or swim. This particular move in Bitcoin, I believe,
859		-
860		-174
861		-00:33:26,670 ~-~-> 00:33:39,060
862		-is inspiring for me as a dinosaur. Like I said, I started trading 1982. So I'm
863		-not familiar with these specific markets, but I'm familiar with how price
864		-
865		-175
866		-00:33:39,060 ~-~-> 00:33:52,050
867		-delivers. And most of the things that I have been anticipating have happened
868		-since basically, July, August of this year. So I'm seeing things that I like
869		-
870		-176
871		-00:33:52,050 ~-~-> 00:33:59,220
872		-I've been telling everybody, if I start seeing it, then I'll have a better read
873		-on it. And then I'm feel more comfortable telling you what I think is going to
874		-
875		-177
876		-00:33:59,220 ~-~-> 00:34:09,330
877		-happen. But prior to that, I wasn't seeing it. Now what do I mean by that? I
878		-think there's a lot more institutional involvement now than there ever has been
879		-
880		-178
881		-00:34:09,360 ~-~-> 00:34:17,310
882		-ever. And PayPal, which I have a partnership with, because they do on my payment
883		-processing for my mentorship. They came out and said that they're going to now
884		-
885		-179
886		-00:34:17,310 ~-~-> 00:34:28,440
887		-start taking Bitcoin. That's a huge, you know, milestone for crypto. So at some
888		-point, and this was one of the arguments I had when I was first introduced to
889		-
890		-180
891		-00:34:28,440 ~-~-> 00:34:41,550
892		-the idea of my opinion being shared about the asset class. I couldn't go to and
893		-I still can't really I couldn't go to a gas station and buy gas with my Bitcoin.
894		-
895		-181
896		-00:34:42,090 ~-~-> 00:34:52,260
897		-You know, that's starting to change now. I mean, there's places that are taking
898		-and there's apps that you can use it and obviously like PayPal is now but it
899		-
900		-182
901		-00:34:52,260 ~-~-> 00:35:09,690
902		-seems like it's speeding up. So that transition, you know or movement to A more
903		-open access to it is obviously making itself known. But it admittedly, it wasn't
904		-
905		-183
906		-00:35:09,690 ~-~-> 00:35:26,610
907		-like that prior to 2020, okay, and we'll just say, post pandemic, okay, I'm
908		-saying that with my fingers quotations post pandemic, it was not as obvious
909		-
910		-184
911		-00:35:26,610 ~-~-> 00:35:39,690
912		-anytime prior to it is right now. And you can see, I can see things in price
913		-that I was not able to see prior to mid part of this year. And I believe it's
914		-
915		-185
916		-00:35:39,690 ~-~-> 00:35:50,340
917		-because there's a lot of institutional sponsorship that are taking action. And
918		-clearly you can see it, there's a lot of movement in this market. So all this
919		-
920		-186
921		-00:35:50,340 ~-~-> 00:36:00,330
922		-has done is drawn more interest in it. And obviously, now my interest is piqued
923		-on it. It doesn't mean I'm going out in 2021, and opened up an account as of yet
924		-
925		-187
926		-00:36:00,330 ~-~-> 00:36:10,440
927		-I don't have that in my mind yet. But I will be looking at this market on a day
928		-by day basis going forward. I'm treating it like a market that I watch with
929		-
930		-188
931		-00:36:11,310 ~-~-> 00:36:24,360
932		-forex. Okay, so I've watched the E mini s&p watch gold, watch crude oil. And I
933		-watch forex. Okay, and that's about one. And now watch some commodity markets
934		-
935		-189
936		-00:36:24,360 ~-~-> 00:36:35,040
937		-like soybeans, I've been mentioning that. But I focus on markets that have big
938		-moves. Okay. And if you've been following me at any length of time, one of the
939		-
940		-190
941		-00:36:35,040 ~-~-> 00:36:45,930
942		-things that I like to illustrate and show is my ability to use the tools that I
943		-teach not only in this YouTube channel, but in my private group, where it
944		-
945		-191
946		-00:36:45,930 ~-~-> 00:36:52,830
947		-ferrets out these big moves. Now, there's a lot of people out there that have
948		-signal services, and you're trying to get people to subscribe to them and all
949		-
950		-192
951		-00:36:52,830 ~-~-> 00:36:59,820
952		-that. And they say, you know, I'm bringing you the proof, I'm showing you the
953		-proof. I'm not showing you a fuzzy little screen, you can't see anything about
954		-
955		-193
956		-00:36:59,820 ~-~-> 00:37:10,590
957		-it and claiming 95% I live 95%. Okay, I put my name out there all the time, this
958		-is what it is, this is what I think's going to happen. And if I fail, I fail
959		-
960		-194
961		-00:37:10,590 ~-~-> 00:37:22,170
962		-miserably. Or if I'm consistent, then I'm consistent. So I want big moves. I'm
963		-not looking at for instance, like a move that may be found in a market like
964		-
965		-195
966		-00:37:22,170 ~-~-> 00:37:36,960
967		-this. This used to be one of my favorite markets, the bond market. And, you
968		-know, this markets dead. This is Mario is dead. Now you contrast that with a
969		-
970		-196
971		-00:37:36,960 ~-~-> 00:37:52,080
972		-market move that I made public here. And it's 10s of 1000s of points of
973		-movement. You can't compare that there's there's no there's no comparison. Also,
974		-
975		-197
976		-00:37:52,860 ~-~-> 00:38:04,440
977		-the other market that I felt was a big move rate for this year. And I'm on
978		-record with it as well, is soybeans. And that kind of looks a little bit like
979		-
980		-198
981		-00:38:05,100 ~-~-> 00:38:07,950
982		-Bitcoin doesn't it? Big run up.
983		-
984		-199
985		-00:38:09,540 ~-~-> 00:38:22,650
986		-This market is basically what I like to talk about as a mega trade. mega trade
987		-is like an idea I picked up from Larry Williams Now, the way he finds his mega
988		-
989		-200
990		-00:38:22,650 ~-~-> 00:38:30,780
991		-trades is not entirely how I do it. There's a lot of things that I do right from
992		-his how I made a million dollars trading commodities last year book, which is
993		-
994		-201
995		-00:38:30,780 ~-~-> 00:38:45,060
996		-absolutely essential reading for everybody that's a trader, because that part of
997		-the book is still applicable today. Those elements to how the soybean market
998		-
999		-202
1000		-00:38:45,060 ~-~-> 00:38:56,580
1001		-traded here. If you read Larry Williams book, how made a million dollar shrink
1002		-money last year, that 1970s book would have put you right in this market here.
1003		-
1004		-203
1005		-00:38:57,360 ~-~-> 00:39:03,660
1006		-And you wouldn't have had to watch any ICT videos. You wouldn't have to watch
1007		-anybody else jawboning about the markets, you went there, subscribe to any
1008		-
1009		-204
1010		-00:39:03,660 ~-~-> 00:39:17,520
1011		-services, his book would have put you in that trade. Okay. What is this trade
1012		-look like? Well, from $8.40 to $9.40, that's $5,000 in price movement for one
1013		-
1014		-205
1015		-00:39:17,520 ~-~-> 00:39:31,200
1016		-contract to 1040, it's 10,000 to 1140, it's 15,000 to 1240, it's 20,000. And
1017		-we're probably gonna go to 1340. So that'll be 25,000. If we're comparing apples
1018		-
1019		-206
1020		-00:39:31,200 ~-~-> 00:39:40,410
1021		-to oranges here, you know, Bitcoin versus soybeans. There's not a big move
1022		-happening. And you can clearly admit this. There hasn't been these big moves
1023		-
1024		-207
1025		-00:39:40,680 ~-~-> 00:39:52,890
1026		-every year in Bitcoin. But there's always a big move in the commodity market.
1027		-Every year. There's one every single year. So this is a megatrade. Okay, that I
1028		-
1029		-208
1030		-00:39:52,890 ~-~-> 00:40:03,690
1031		-like to find these types of moves. Most of my cynics like to think that I'm just
1032		-a 20 PIP trader here, and I'm only interested This, that's where I Excel because
1033		-
1034		-209
1035		-00:40:03,750 ~-~-> 00:40:12,390
1036		-I'm a very short term thinker. And I can change my opinion very quickly. So it
1037		-fits my personality Plus, it provides a way of teaching. And it gives my
1038		-
1039		-210
1040		-00:40:12,390 ~-~-> 00:40:20,790
1041		-students a plethora of examples to work with. Whereas if you look at something
1042		-like this, where it takes a half a year to unfold, yes, I outline all this
1043		-
1044		-211
1045		-00:40:20,790 ~-~-> 00:40:30,420
1046		-stuff. But it takes a long time. And it's very boring to watch this, if you're
1047		-if you're not familiar with what you're looking for, or watching, you're going
1048		-
1049		-212
1050		-00:40:30,420 ~-~-> 00:40:43,410
1051		-to lose interest in this whole thing. But it's the same element of knowing what
1052		-price is likely to do, but not absolutely going to do. Okay, and having these
1053		-
1054		-213
1055		-00:40:43,410 ~-~-> 00:40:54,900
1056		-big moves each year. That's my primary focus. And I go through all the markets
1057		-and I try to find where these big moves potentially will occur in Bitcoin,
1058		-
1059		-214
1060		-00:40:55,020 ~-~-> 00:41:04,710
1061		-because of everything that happened this year with the quote unquote, illness.
1062		-That was one of the primary reasons why I said, Okay, if I take a step back and
1063		-
1064		-215
1065		-00:41:04,710 ~-~-> 00:41:16,290
1066		-look at how everything around the world is kind of coming to a halt, the
1067		-economies are basically being attacked. And if that's the case, then this market
1068		-
1069		-216
1070		-00:41:16,710 ~-~-> 00:41:30,960
1071		-should start seeing a rapid increase. And it creates the well. It was quietly
1072		-staying in consolidation, another area here where it's consolidated. And finally
1073		-
1074		-217
1075		-00:41:30,960 ~-~-> 00:41:42,360
1076		-it was just like, they got to keep it going, and then rallied on higher. So in
1077		-short, in in closing, I would like to see a trade to 30,000. Will it? I don't
1078		-
1079		-218
1080		-00:41:42,360 ~-~-> 00:41:56,040
1081		-know. But I would not be surprised if it does not correct. And trade back down
1082		-below 20 to make everybody feel uneasy about holding on to it. Like this was the
1083		-
1084		-219
1085		-00:41:56,040 ~-~-> 00:42:10,650
1086		-blow off move. While this is exceptional price action, I don't think this is it.
1087		-Like if Bitcoin was going to climax reverse on a run higher. I don't see this as
1088		-
1089		-220
1090		-00:42:10,650 ~-~-> 00:42:23,250
1091		-capitulation yet. If that makes any sense to you, like I feel like this is just
1092		-part of it. And then we'll see like this big huge, maybe one or two big long
1093		-
1094		-221
1095		-00:42:23,250 ~-~-> 00:42:36,120
1096		-candles, maybe we'll have, you know, 5000 or 6000 point candle, then, you know,
1097		-I would feel like okay, we're getting nuts. Now everybody's dogpiling in on
1098		-
1099		-222
1100		-00:42:36,120 ~-~-> 00:42:44,220
1101		-this. If we see a day like that, or daily range, it does something like that, it
1102		-doesn't necessarily have to be five or 6000 points, but something that's so
1103		-
1104		-223
1105		-00:42:44,220 ~-~-> 00:42:52,980
1106		-grandiose compared to everything else in the past. It basically you'll know it
1107		-when you see it, I think that's the day that you should be rapidly trailing your
1108		-
1109		-224
1110		-00:42:52,980 ~-~-> 00:43:07,230
1111		-stop loss up using an hourly chart intraday, and kind of like locking in any
1112		-realized unrealized, rather profits that had been accumulated at that point. But
1113		-
1114		-225
1115		-00:43:07,230 ~-~-> 00:43:08,400
1116		-right now, it's kind of like
1117		-
1118		-226
1119		-00:43:10,320 ~-~-> 00:43:25,200
1120		-Larry Williams said this beautifully in his four VHS tape. Of course, the
1121		-futures manners confidential trading course, it's for cassette tapes, or VHS
1122		-
1123		-227
1124		-00:43:25,230 ~-~-> 00:43:35,190
1125		-tapes, rather. And it was produced in 1995. And mine were watched so many times,
1126		-they no longer worked, so I don't have access to them anymore. But nonetheless,
1127		-
1128		-228
1129		-00:43:35,550 ~-~-> 00:43:44,670
1130		-he made a comment in there. And it's still I still think about all the time when
1131		-I think about like mega moves, like these big mega trade type, big blow off
1132		-
1133		-229
1134		-00:43:44,670 ~-~-> 00:43:55,200
1135		-moves. He mentioned it about commercial markets. And I'll leave that for your
1136		-study. If you buy the book. How many million dollar trading commodities last
1137		-
1138		-230
1139		-00:43:55,200 ~-~-> 00:44:03,780
1140		-year. It's just a wonderful book. It's a simple book. It's not highly technical.
1141		-I don't subscribe to everything in there. But the things that he talks about
1142		-
1143		-231
1144		-00:44:03,780 ~-~-> 00:44:14,760
1145		-having million dollar setups, they work folks. Okay, so if you're looking for a
1146		-book to buy, okay, maybe you have you some money that you got your stocking from
1147		-
1148		-232
1149		-00:44:14,760 ~-~-> 00:44:23,700
1150		-Santa, you spend a little bit of money support that guy, okay, because he's put
1151		-out a lot of good stuff. I don't subscribe to everything. Okay, but that book is
1152		-
1153		-233
1154		-00:44:23,700 ~-~-> 00:44:33,420
1155		-absolutely gold. And it was written in 1970s. And it's still true today. But he
1156		-made a comment about these big commercial bull markets that take off and really
1157		-
1158		-234
1159		-00:44:33,420 ~-~-> 00:44:45,000
1160		-run up crazy. Nobody knows where they're gonna go. Okay. And as I was talking to
1161		-you in this video, I'm speaking and thinking about his voice in my head back in
1162		-
1163		-235
1164		-00:44:45,000 ~-~-> 00:44:57,990
1165		-1995. When I heard him in his course, say those very words. Nobody knows where
1166		-it's going to go when you have these big mega moves. And I have racked my brains
1167		-
1168		-236
1169		-00:44:59,010 ~-~-> 00:45:09,000
1170		-from which 30 years Here's trying to solve that puzzle. And I'm here to tell
1171		-you, I gave up on it because there really is no way, but you want to do this.
1172		-
1173		-237
1174		-00:45:09,690 ~-~-> 00:45:19,560
1175		-And this is his words, you want to wrap your arms around it, close your eyes,
1176		-and just hold on for dear life, day come hell or high water, and see where you
1177		-
1178		-238
1179		-00:45:19,560 ~-~-> 00:45:29,220
1180		-end up six months later, because they can go so much farther than you want, or
1181		-expect them to go. And I'm kinda like paraphrasing, but when I watched him say
1182		-
1183		-239
1184		-00:45:29,220 ~-~-> 00:45:37,680
1185		-that the first time, I was grinning, because I'm thinking myself, man, that's
1186		-amazing. Like, I want to be in moves like that. Well, I think Bitcoin has some
1187		-
1188		-240
1189		-00:45:37,680 ~-~-> 00:45:49,410
1190		-of that still in it. So while this is great, I don't think this is the end of
1191		-it. Okay, do we need to correct maybe, I would personally like to see it not do
1192		-
1193		-241
1194		-00:45:49,410 ~-~-> 00:45:58,950
1195		-it, I would like to see it say, you know, we spent too much time below 20,000,
1196		-we don't need to be down anymore. That's kind of like my view on it. If Bitcoin
1197		-
1198		-242
1199		-00:45:58,980 ~-~-> 00:46:05,730
1200		-or crypto is exactly what everybody believes it is, it's going to be this
1201		-juggernaut that no one's going to be able to stop. And I'm not trying to be
1202		-
1203		-243
1204		-00:46:05,730 ~-~-> 00:46:14,340
1205		-facetious, I'm not trying to make fun. I'm not trying to be sarcastic here. I'm
1206		-saying, if that's really what this is, then this market should say, I don't need
1207		-
1208		-244
1209		-00:46:14,340 ~-~-> 00:46:27,030
1210		-to go back down the 20, I'm gonna flex and push myself to 50. That's the way I
1211		-interpret it, does it need to go back down to 20? It could, but if it does, I
1212		-
1213		-245
1214		-00:46:27,030 ~-~-> 00:46:35,310
1215		-don't think it breaks it, you know what I mean? Like, I think it needs to go
1216		-back down here. And that would serve two purposes. Number one, it would upset
1217		-
1218		-246
1219		-00:46:35,310 ~-~-> 00:46:42,330
1220		-anyone that has a child stoploss below this swing low. And if it goes below
1221		-20,000, it would upset those individuals that just want to see this old
1222		-
1223		-247
1224		-00:46:42,330 ~-~-> 00:46:51,960
1225		-resistance, quote, unquote, be acting as support, I think it can come back down
1226		-with a deeper and scare everybody out of the idea of Okay, maybe it's gonna
1227		-
1228		-248
1229		-00:46:52,050 ~-~-> 00:47:06,930
1230		-crash, and then tear off higher again, and do what we saw here. Faster. Okay,
1231		-that's what I would expect from this market. If it were to read, you know,
1232		-
1233		-249
1234		-00:47:06,990 ~-~-> 00:47:20,670
1235		-retrace and come back down. If we lose this low here, then we're probably gonna
1236		-keep whatever high forms between that high, you know, being there and retracing
1237		-
1238		-250
1239		-00:47:20,670 ~-~-> 00:47:31,410
1240		-lower to this low here, then we'll have to work out some price action, speed
1241		-bumps at that time, meaning that it consolidate, maybe trade a little bit lower,
1242		-
1243		-251
1244		-00:47:31,950 ~-~-> 00:47:43,710
1245		-or, basically, hands off, don't touch it for a little while. And that is
1246		-honestly, the only thing that I see in price. And it probably did not help any
1247		-
1248		-252
1249		-00:47:43,710 ~-~-> 00:47:50,460
1250		-of you and probably confused some of you, or probably made you doubt some of the
1251		-things you've already subscribed to. which is the reason why I hate doing these
1252		-
1253		-253
1254		-00:47:50,460 ~-~-> 00:47:57,240
1255		-kind of videos. It's not because I'm afraid to be right or wrong, because I
1256		-already give you what I think is gonna happen like in my community tab. But I
1257		-
1258		-254
1259		-00:47:57,240 ~-~-> 00:48:08,250
1260		-like to think that if I can just inspire everyone in here to just remember, no
1261		-one knows how far this thing can go up.
1262		-
1263		-255
1264		-00:48:08,999 ~-~-> 00:48:19,019
1265		-I don't think there's a limit on where it could go. That could be justified in
1266		-anyone's eyes, like you can't, so nobody can come on YouTube, or go on the TV
1267		-
1268		-256
1269		-00:48:19,019 ~-~-> 00:48:27,389
1270		-and say, this is where bitcoins gonna go because of this, this this, it's
1271		-impossible, that part is impossible, which is exciting thing for people that are
1272		-
1273		-257
1274		-00:48:27,389 ~-~-> 00:48:35,909
1275		-trading this market because that means you have tremendous opportunity. Now
1276		-obviously, there's always risk. And I'm trying to sweet talk you into thinking,
1277		-
1278		-258
1279		-00:48:36,119 ~-~-> 00:48:44,879
1280		-this is the this is the be all end all everybody should be doing this. But it's
1281		-exciting for me now, because like I've said, I've not been interested in this.
1282		-
1283		-259
1284		-00:48:45,299 ~-~-> 00:48:53,819
1285		-But around the summertime, it started giving me clues that hey, look, you know,
1286		-you need to be paying attention to what what this is doing. And I was kind of
1287		-
1288		-260
1289		-00:48:53,819 ~-~-> 00:49:01,139
1290		-like talking to my my students. I said, Look, you know, it's, it's going to have
1291		-to show its colors right now. If it's going to do it, it's going to do it. Now.
1292		-
1293		-261
1294		-00:49:01,169 ~-~-> 00:49:14,639
1295		-If it doesn't, here's the big here's the big thing. And I'm closing. If Bitcoin
1296		-didn't do this, this year, I would have been on YouTube trashing it. literally
1297		-
1298		-262
1299		-00:49:14,639 ~-~-> 00:49:24,449
1300		-saying it's not going to do what you want it to do. Pretty much what I said
1301		-about XRP. Okay. And then this is a Bitcoin video, but I just want to put this
1302		-
1303		-263
1304		-00:49:24,449 ~-~-> 00:49:39,329
1305		-up here. I called the high in this market to on Twitter. I said, here's the XRP
1306		-market. So the weekly chart this, I called this up in here as well called some
1307		-
1308		-264
1309		-00:49:39,329 ~-~-> 00:49:47,579
1310		-run up into it. And then I said, it's done. It's dead money. And it's been dead
1311		-money since then. And there's a lot of people out there that send me emails all
1312		-
1313		-265
1314		-00:49:47,579 ~-~-> 00:49:56,609
1315		-the time. And please don't send me emails, folks. If I see anything about XRP or
1316		-ripple, I don't even read it. Okay, and I don't mean to be ignorant. I just have
1317		-
1318		-266
1319		-00:49:56,609 ~-~-> 00:50:05,159
1320		-very little time and when I get to the emails in order I received them It has
1321		-anything to do with this market here. I literally just just completely send it
1322		-
1323		-267
1324		-00:50:05,159 ~-~-> 00:50:16,229
1325		-to the dubbin. I don't look at it. I don't read it. Yes, we had a little bit of
1326		-a run up in here. But there's nothing in this. This is literally penny stocks.
1327		-
1328		-268
1329		-00:50:16,349 ~-~-> 00:50:25,829
1330		-Okay, it's performing like penny stocks, it would need to do something at a
1331		-later time because as of right now, it's dead money. Now, if you remember and
1332		-
1333		-269
1334		-00:50:25,829 ~-~-> 00:50:33,269
1335		-look at how Bitcoin started, it did a lot of this kind of stuff. I mean, I don't
1336		-think it was this cheap. But it did some squirrely looking things in the
1337		-
1338		-270
1339		-00:50:33,269 ~-~-> 00:50:41,759
1340		-beginning. Okay, and maybe down the road 510 years from now, maybe it will be
1341		-less time if it's going to do I don't know, folks. Okay, but I'm just giving you
1342		-
1343		-271
1344		-00:50:41,759 ~-~-> 00:50:48,839
1345		-my opinion. And it means absolutely nothing. Okay, I don't have any vested
1346		-interest in this. I'm this saying, every time I've talked about this one here,
1347		-
1348		-272
1349		-00:50:48,929 ~-~-> 00:50:58,199
1350		-and then some of you're saying shut up ICT, you're killing it. If you think I'm
1351		-I'm talking this market down, making it go down, you don't believe what you
1352		-
1353		-273
1354		-00:50:58,199 ~-~-> 00:51:07,439
1355		-believe about it. Because it doesn't make a difference. When I say about it. I'm
1356		-not even trading it. So it's, it's just me sharing what I see in the price
1357		-
1358		-274
1359		-00:51:07,439 ~-~-> 00:51:20,279
1360		-action. This is all classic penny stock activity. It's a pump and dump. Okay.
1361		-You're not seeing that with Bitcoin. And that was what I meant when I said XRP
1362		-
1363		-275
1364		-00:51:20,279 ~-~-> 00:51:29,129
1365		-is dead money. So if you're going to be doing anything crypto, you know, at
1366		-least be in Bitcoin, if you're going to do it at all, because that's where
1367		-
1368		-276
1369		-00:51:29,129 ~-~-> 00:51:36,599
1370		-everything's being poured into, it's going there. Now, there may be other coins
1371		-and other things that they're, you know, starting to work in maybe some of you
1372		-
1373		-277
1374		-00:51:36,599 ~-~-> 00:51:46,289
1375		-are more savvy in regards to noticing what they are, you know, God bless you.
1376		-But I'm only sticking to the things that I know very little about because
1377		-
1378		-278
1379		-00:51:46,289 ~-~-> 00:51:57,899
1380		-everything else is next to nothing. But bitcoins price action has this year
1381		-showed me things that I have not been able to see consistently until 2020. And
1382		-
1383		-279
1384		-00:51:57,899 ~-~-> 00:52:12,719
1385		-it wasn't until again, post pandemic. So I hope you have at least considered the
1386		-likelihood of this may be gone a little bit higher than what we're showing here.
1387		-
1388		-280
1389		-00:52:13,049 ~-~-> 00:52:21,749
1390		-I don't want to talk anybody out of a position because it would just be terrible
1391		-for you to send me an email, say I see, You scared the living daylights out of
1392		-
1393		-281
1394		-00:52:21,749 ~-~-> 00:52:30,059
1395		-me. And I took everything off at this price level. And it goes to 100,000. You
1396		-know, I would be terribly upset about that. So don't take anything I'm saying
1397		-
1398		-282
1399		-00:52:30,059 ~-~-> 00:52:38,789
1400		-here as investment advice. If you have a trade idea, and you think it's going to
1401		-go to whatever level it is, you know what? Follow it stick to it, because I'm
1402		-
1403		-283
1404		-00:52:38,789 ~-~-> 00:52:49,739
1405		-probably wrong. If you looked at every time that I was trading on paper, not
1406		-with my funds, these crypto markets, when I was trying to do it on a day by day
1407		-
1408		-284
1409		-00:52:49,739 ~-~-> 00:53:01,469
1410		-basis, like it was horrendous. It was so bad. Like, it was shameful, like, and
1411		-that's why I said like I don't have any Mojo with this. Like I don't, when I
1412		-
1413		-285
1414		-00:53:01,469 ~-~-> 00:53:07,319
1415		-feel like I haven't I make it public knowledge. But that's it, it's not a lot,
1416		-but they tend to be the bigger price swings.
1417		-
1418		-286
1419		-00:53:09,869 ~-~-> 00:53:24,269
1420		-This year, I've seen more using a four hour on a daily chart setups that I have
1421		-not been able to see prior to midpoint of this year. So for everyone that has
1422		-
1423		-287
1424		-00:53:24,269 ~-~-> 00:53:32,519
1425		-followed me for a length of time, and you know, I've always said this, I don't
1426		-see the same signatures in price that I see in forex, I'm starting to see them.
1427		-
1428		-288
1429		-00:53:32,669 ~-~-> 00:53:41,639
1430		-Now when I say that it doesn't mean I see everything that I see. In forex, that
1431		-makes it so precise. I'm seeing a lot more of it now. And that means that the
1432		-
1433		-289
1434		-00:53:41,639 ~-~-> 00:53:52,559
1435		-boys, they're in this now they're really starting to pour into it. So if they're
1436		-going to be involved in this, and if I'm accurate in my observations, then this
1437		-
1438		-290
1439		-00:53:52,709 ~-~-> 00:54:01,259
1440		-asset class is going to get really, really exciting. which kind of makes sense
1441		-because if you look at forex, forex, it's kind of quiet right now, even though
1442		-
1443		-291
1444		-00:54:01,259 ~-~-> 00:54:15,209
1445		-it's going where we want it to go. It's slow and lethargic. And you can't
1446		-compare, you know, with 20,000 points, you know, 20,000 points, versus, you
1447		-
1448		-292
1449		-00:54:15,209 ~-~-> 00:54:21,989
1450		-know, I'm looking at like 50 to 75 pips a week if I'm trading forex, not because
1451		-that's all I can make. But that's kind of like, it's easy for me to do. It's
1452		-
1453		-293
1454		-00:54:21,989 ~-~-> 00:54:31,559
1455		-easy for me to find, and it gives me a lot of free time. I've never seen a
1456		-market that can offer swings like that, like 20 points now 20,000 points, and
1457		-
1458		-294
1459		-00:54:31,559 ~-~-> 00:54:42,689
1460		-calling it and seeing, you know, this is where it's going to go. Like this could
1461		-be a really amazing turn of events for traders. And some of you, Brian, we've
1462		-
1463		-295
1464		-00:54:42,689 ~-~-> 00:54:49,319
1465		-been doing this for all this time, Michael, where you've been? We've been trying
1466		-to tell you Yeah, I get it, but there's the things that I'm looking for that
1467		-
1468		-296
1469		-00:54:49,529 ~-~-> 00:54:58,739
1470		-I've been very apprehensive about participating in because they're not there
1471		-until now. And I'm hoping to see more of the things I look for in forex happen
1472		-
1473		-297
1474		-00:54:58,739 ~-~-> 00:55:07,109
1475		-in this asset class. Because if it does, I'm coming to dominate this one just
1476		-like I did forex, and talk to you next time. Happy New Year, be safe, and I'll
1477		-
1478		-298
1479		-00:55:07,109 ~-~-> 00:55:08,549
1480		-talk to you again in 2021