0:00 Bitcoin has dumped 50%. And I'm buying bought the last five times already. Good morning, good evening, good afternoon, wherever you are, whenever you are. Thank you for watching this video. My name is Da Vinci Jeremy. I'm in the pipe 5x5 and wow, I honestly didn't think we were going to dump even further. I thought we'd get a bounce at 70K, but we did. We went all the way down to 60K. Uh, I did catch that bottom and then I sold halfway at 66 and then I thought, I know what I'm not gonna because I'm not going to hold this trade because there's so much momentum down that yeah, we can we can see this thing probably roll over a little bit heavier. But we're going to take a look at the charts and see if maybe I was wrong. Maybe maybe we'll see
0:47 prices bounce back. probably not today 80k, but maybe it will bounce back um a little bit before we actually roll over and uh see some even lower prices of like 50k. Ouch. Or lower. Ouch. Yes, that's always a possibility, especially in a fiat system where you can get overleveraged and then get washed out. So, what does that mean by overleveraged? Well, you can print a bunch of money which you're actually borrowing it to buy up an asset and then that asset will drop in price which liquidates you which causes other people to liquidate and causes the price to roll down. That's why we have this massive price changes in Bitcoin all the
1:36 time because we're using paper money to run the price up. And when people get over inflated and they get the liquidation calls, boom, boom, boom, boom, boom, it falls like dominoes. Yes. All right. If you don't mind, guys, if you can just head over and hit the like and subscribe, I'd really appreciate it. Right. Also, if you go to the description below, you'll find all the links that we're talking about in today's video. And also, if you're interested in trading, you could head over to x.dj15.com dj15.com or you know you can want to connect with me, talk with me, ask some questions, right? Um, you know, you can start with as low as $59 or you can just subscribe
2:22 to the newsletter by heading over to DJ Dainci J15.com. Link is course once again in the description. So, just go and get it. Okay, let's take a look at the treasuries, the Bitcoin treasuries. Um, yeah, it's come down. It was like 18.0. you know, yeah, 0405 or something like that. So, it's come down a little bit, but uh that's probably because the ETF is probably draining out a little bit more. And we're going to take a look at the ETF. So, let's take a look at the ETFs in a second. Right now, um you can see there's a lot of drainage drainage since the 20th. Oh my god. Four half a billion. Uh 700 million, right? Another 132. Oh, very
3:07 small buy. 147 19 800 million. Oh my god. Half a billion and then the half a billion bot and then oh you know what we're done. We're going to go out on that one with 270 and then a half a billion and then another half a billion to end it off on the February 5th. And so today they're working on putting them the data for today which is probably going to be another half billion dollars. Uh it is what it is, right? And this is take a look at the fear and greed. Nine. Not uh German for no, but maybe we could say no to this. Nine. But with this number here, it is I think it's time for us to really consider the
3:54 long trade. Actually looking at it um from this point of view, the long trade starting to make a little bit of sense. But uh let's see where we're the price action is. Okay, let's take a look at this price actions and zoom in on here. We're at the 4 hours and wow, we close the 4 hour up at uh oh 66. Let's go down to the the hour the 15 minute because this thing's going to move fast. Um because once you have a fast move down, you're going to have a fast move in any direction. Um, looking at this, it looks like we're we are topping out exactly like I'm expected. This is just uh probably a move just to
4:41 uh clear um what's it called? The shorts. The people who piled in on the shorts lay they piled in maybe here thinking, "Yeah, yeah, we're going to go further down." And they go, "Whoops." And then they're going to come back down. So, this is that's look like um yeah, I would uh if you want to buy, I would buy at the $62,000 mark. Let's um let's do a Fibonacci level from this thing right here. Yeah, yeah, 62 around the 626 62 um 62,000ish area in here is where you want to buy. Um, if you want, you should probably stop losses at the at the end of this
5:27 wick, 60K, and uh then maybe reook at re-examine the buy. Um, especially if it happens uh if you could watch it happen, maybe you retest the redo the buy because it's not going to um you redo the buy at the um the 59 900 um area um because it's not going to go down that much more. and uh then you know you take another stop loss uh probably at the 55ish area. Anyways, um I don't think we're going to go all all the way down there. Um but it's all possible. So it's not impossible and not improbable, but uh I wouldn't be surprised if they take out this wick, but then finally
6:14 finally go higher. taking a look. Let's take a look at the 200 daily moving average because we're probably like a very long way from that. Yes, there we go. We are, you know, it's 103, right? So, any if you could if you're not trading this, this is a buy. Major major, you know, buy. In fact, um I read on Twitter that u many wealthy people are just just loading up here at 67 60 whatever they can get at this price. They don't care. This is uh this is an opportunity of a lifetime for them. And you know what? Even if it goes lower, they're they're not buying the highs, they're buying the lows, right?
7:00 Even if we come down to to the 48, which is also a possibility um in this this constant downward move. Um yeah, so be ready for anything here. Um it's still a good buy right here because it won't last in that level. It won't last for that bottom level. It won't catch that bottom. So, if you're not into catching bottoms, if you want to um trade this and it's kind of scary, it's kind of too late to short and really early to to long, you can try longing, right? And just make sure that you sit set stop losses. You reset the the buys a little further down. Set stop losses. Reset the buys further down. Take those
7:46 losses as they go because there will be a reversal and the reversal will be heavy. So, that's just one way to trade this. Okay, looking at my Ethereum trade. Wow. Wow. We We hit the target. I did not think that was going to happen. Honestly, I'll be honest. I did not think that was going to happen. I was a little nervous on this trade, but look at that. Hit the target. Hit the target. It hit the target. Wow. Wow. 1,800. That's brutal. That is absolutely brutal.
8:32 And we've got more to come. I I don't think it's going to to wick down further. Um, if you want to buy this and let it bounce, now it's time. If you you made this trade and you've made money, congratulations. That was good on you. I chickened out. I'll be honest. And so the entry for this trade is practically down here, right? Pretty much at your your exit point. And you don't have to worry too much about uh downwards. Oh, that's 8%. Jesus. Yeah. Well, it is
9:17 what it is, right? And then you could come back all the way back up to this level here. So, uh, that's where the entry is, stop loss, and let's see what happens. That's that's where I'd go. Okay, Salana, did it hit my target? 66. Sons of Hit my target. Wow, it hit my target. I didn't think it would hit it this soon. I thought we had time. It hit my target. God damn it. Wow,
10:03 that's impressive. Wow. Well, there we go. Uh probably look see to to to validate this uh target area and then off we go. Um that's it. Damn. But that's where we we're probably going to float. Uh we're going to get stopped around the 96. I don't think we're going to go beyond that though. I think uh that's uh it's going to be really hard to press to to get above that. And even if if we do, we'll get to 120 at least. And then you should exit. If you get to 120, you should exit so fast it's not funny because that is or start rolling out, right? start DCAing out because um the bare market is still ongoing.
10:49 Okay, so just keep that in mind. We've got more to go. Um but we don't have a target beyond $66 level. So that more might be not a whole lot more. Just keep that in mind. Okay, let's uh close this off with the dominance. The dominance is although it's gone down, it's not gone, it hasn't gone uh heavily down, it hasn't gone heavily up either. So, it's kind of strange. Um pretty surprised by that. Uh let's take a look at look at this this trade. But then again, I I said, "Okay, fine. I stop loss, got stop loss, and I just
11:35 reset it right there." said no problem at the 60 the 61ish area and then that's it. I also chickenened out on that one after it uh it bounced and uh yeah, here it is. But I think uh yeah, it's not looking like it's looking at the shorter time frame looks like a rollover period honestly for me. So I'm not I'm not uh too keen on holding this trade all the way higher, but I could be wrong. Could be wrong. Right? I've already been wrong a few times. So, I know I don't mind being wrong because life is not about being right all the time. Just being right enough times to you make money. That's it. Okay. Let's take a look at silver. Oh, damn. This trade
12:21 with silver was just I mean, wow. Wow. They really wrecked silver now. This is serious wreckage on this the time frame, the hourly time frame. In fact, we're probably going further down. You could pretty much say once they did this, I was telling my wife, "Oh, yeah. This is probably an AB equals CD uh downward movement for silver because this was manufactured, of course." And unfortunately, it takes us all the way to 50 B, $40.
13:09 Yeah, folks, that's going to hurt. But it's not over, right? The cool thing is it's not over. Even if it goes back to $40, um the buying will will come back heavy. It's only because it wiped out a lot of people and those people are then there's still a lot more people to to that this is going to wipe out before we see it uh finish. But all these yellow lines is going to come back up piece by piece. It's going to be like gold did, right? It's going to consolidate wherever it lands, right? If it stays here or lands down here, it's going to consolidate and then
13:57 hold my beer. You like gold? It's going to say hold my beer. Yes, you're going to see the $300 levels. It's the only way for because we need silver. Samsung needs one kilo per car because they're building a battery that lasts 40 years and doesn't explode. I think you might want that. And yeah, if they're going to spend 40 a kilo peri per car, wow,
14:42 that's a lot of silver. and you could recycle it, but the price has to be a lot higher. It's just the way it is. Anyways, I hope you enjoyed today's episode. Uh, make sure you check out the links in the description below or the pin comment. If you want to talk to me, you want to have access to just uh, you know, any questions you might have that you want to uh, or want to educate yourself on Bitcoin. I love talking about Bitcoin. It's my favorite subject. I'll talk about anything about this with you. I love it. So, don't mind. So, come on down and I hope to see you guys. Peace.
