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Bitcoin Bull Flag (The Path to $100K BTC) - YouTube
Channel: BitBoy Crypto
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[Music]
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good morning everybody it's november 1st
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2021 my name is piano maddie b
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that is scaramucci's
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this is your morning ta
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a brief glimpse into the crypto markets
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where the sun shining where the wind's
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blowing all the humble opinion
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of this piano
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[Music]
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zamboni
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bringing the data
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the fomo index has remained at 74 from
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yesterday 74.
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bitcoin dominance is at 44.2 percent
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24-hour volume is at 135 billion
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the overall market cap is 2.65 trillion
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give or take a hundred million
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welcome to davos
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the powers that be have me bonked up
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here for the next little while
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apparently there's a big party here in
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january and i'll be playing some gigs
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being the eyes and ears for the bit
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squad
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now over on the four hour chart we hit
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our first three levels we talked about
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on friday
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first that's 61.4 an excuse me pardon me
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sir at 62.5
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then we stalled out at 62 9.
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now this 63 to 63.5 level it's a real
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scamp don't you know
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we've had some serious beef histoire
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with this level as it officially breaks
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the head and shoulders pattern
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everyone was freaking out about last
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week
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and puts it back in the closet with all
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the other ta boogeymen
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now over on the daily the bull flag is
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about to break to the upside
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now we said that the breakout would
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happen at about 62k
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and with the help of the 20 moving
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average who reluctantly flipped to
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support
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should blow us up and out of the pattern
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it makes me think of patrick swayze's
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1987 one-hit wonder from the dirty
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dancing soundtrack
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she's like the win
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as if the movie wasn't big enough for
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patrick's career
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he managed to squeeze a top 10 hit out
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of her
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too piano maddie b i gotta ask what's
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with the patrick swayze references so
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early on a monday morning in davos
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well i'm setting up for a comparison to
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his movie roles in this bull run but
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thanks for asking
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[Music]
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when we hit then all-time high 65k back
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in april
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that was like patrick's breakout role as
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the patriarchal older wiser brother see
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thomas howell and the 1983 smash hit the
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outsiders
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as a member of the newly minted brat
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pack of the hollywood 80s
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and being touted as the next big thing
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he couldn't keep the momentum up
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and found himself in made for tv movies
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and off-broadway musicals as we see here
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in the crash
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it wasn't until he reunited with c
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thomas howell in the 1986 low-budget hit
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red dawn
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that he changed his trajection
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and his star began to rise once again in
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hollywood
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he fall out of red dawn with another
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outsider's alumnus rob lowe
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and in 1986 hockey hit youngblood
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which officially had hollywood taking
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notice again of the multi-talented
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swayze and the a-list director started
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calling
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so where are we now in patrick swayze's
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career as depicted by the 2021 bull run
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that's right we're at dirty dancing the
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coming age romantic drama that some say
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launched patrick's career
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as we embark on november which is
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historically a hell of a bullish month
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for the crypto markets
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you might be asking yourself
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was dirty dancing patrick's peak
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and then his star fizzled out
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and although your hollywood naivety is
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cute you couldn't be more wrong
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it was after dirty dancing that he
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played his iconic role as dalton the
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professional bouncer
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in roadhouse and instantly made swayze
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leading man material
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and a bitcoin follows swayze star we
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should see price action reach about 72k
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in the next couple weeks
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and then my friends when we thought we'd
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seen it all and swayze couldn't get any
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more bigger
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he comes out with ghost the highest
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grossing movie of the year
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nominated for best picture ultimately
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losing to dances with wolves
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besides my favorite role as brody and
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point break
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his career kind of cooled off after that
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at this point we should see bitcoin
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breaching the 100k mark
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will bitcoin cool off like swayze's
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career after that
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we shall see
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[Music]
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a quick peek over at the monthly
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sees bitcoin closing at a historic high
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of 61.2 k
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that's the highest closing candle
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in bitcoin's monthly history
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not a bad start to november
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so remember
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we're playing the same game as our
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psychopathic collectively
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[Music]
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that's right it's the long game
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so zoom out and have a fantastic
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day
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[Music]
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ching
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[Music]
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