$24 Million Bitmex Trading?! Huge Cryptocurrency Adoption News! Ripple XRP + Bitcoin BTC Analysis

what’s going on guys Patrick here
bringing you a brand new video today we’ve got another killer video for you
guys full of information today we’re gonna be talking about the trader who
made 24 million dollars trading crypto currencies we’re all gonna be talking
about a ton of adoption news as well as tons of other news that went on in the
cryptocurrency space but guys before we get start with that if you want to enter
a chance to win some free Bitcoin all you guys have to do is number one please
subscribe the channel and have your notifications turn on number two give
this video a thumbs up and number three leave a comment down below saying
something related to the video also you guys are interested in making money
trading crypto currencies even while the market is down make sure you check out
the first thing in the description or the first link in the comments for the
crypto currency trade alert group so far we have in over 90 percent success rate
and I post every single one of my trades that brought me to a six-figure
portfolio in the group so if you are a complete beginner if you don’t have time
to technical now so you don’t know how to do technical analysis you can copy my
exact trades it takes 2 to 3 minutes to set up
and after that profits are taken automatically for you so it becomes very
very passive we’ve had countless people make an extra five hundred to a thousand
dollars from one single trade and we have trades in there no matter how busy
your schedule is both on Finance and on bit mechs depending on what you’re
interested in if you are interesting that make sure you do check out the
first link down below now let’s get started with some technical analysis
well we don’t have too much new things to cover from yesterday’s technical
analysis video so if you haven’t checked it out I would highly recommend you go
check that out as well after you watch this video because I don’t want to
simply repeat myself for 5 to 10 minutes but I will say there are a few
interesting things I’ve seen number one on the daily chart we’ll see we have
some very very large wicks both on the on the bottom and on top so the candle
bodies are very very small similar to something that we had seen previously
that led us into bigger moves now this could be manipulation to either side and
it also could indicate to us that neither the bulls nor the bears are able
to take command at this moment they’re both fighting in
either direction no direction has managed to take to show any form of
strength so for now we are simply trading in a very small wave in a very
small range now one thing we will see again on the 4-hour is we are getting
longer and longer on this bear on this bull flag and that
could indicate again like I said yesterday that the longer this goes on
the higher the probability that we drop down and we form a Bart pattern the Bart
Simpson head that we talked about it’s the longer we trade sideways on this
little higher the possibility of us dropping down now if we do manage to
break out and right now it looks like we are struggling to break over the EMAs we
are attempting that if we do manage a breakout then we could still go up to
this resistance range right here so basically what we’re looking at is a
break below would take us to support a break above would take us to resistance
and we’re gonna need that break upwards to happen pretty soon if we want to see
this before if we want the chance of going up here the longer we trade
sideways again the weaker in the bulls look and the higher the probability that
we don’t break upwards but we do come back down now with technical analysis
you do have to stay up to date with what’s going on in this moment it is
harder to predict the bias he’s pretty 50/50 when it comes to me
asking people going around as in the community what they thinks gonna happen
I’ve seen a lot of people say Bart I’ve seen a lot of people say a bull flag at
this moment so it is pretty split you’re gonna have to keep up to date with
what’s going on staying on top of the charts looking at what’s happening and
be prepared for every move now let’s move on because something pretty
interesting came to my attention sold a Bitcoin is the huge Bitcoin short that
we talked about yesterday from crypto fungus turned out to be fake now I
apologize for bringing that to the channel I thought I saw it on a ton of
news articles I saw a bunch of people covering it so I assumed doing my
research that this was real but turns out apparently the bit Mex thing is fake
and so he didn’t open the short where he said he did and he didn’t close away I
said he did and he didn’t make 13,000 percent now although that sucks that
this wasn’t correct there are a lot of people namely marked out four examples
one of them who have closed their shorts from all the way up top and they’re
sitting in some very very profitable in they’re sitting in a ton of profit right
now because they closed it at the bottom when we were at the low three thousands
while they opened it at nearly the tops although this one was fake there are
countless other people here or countless other expert traders who have
successfully shorted Bitcoin the top and one thing I want to note
this is from a bit Mex the leaderboard in bit Mex now for those of you guys who
don’t know what bit mix is you’re basically allowed to trade with leverage
so if you haven’t signed up and you want to sign up use the link down below you
get a discount on your trading fees if you do use that link if you have some
reasons I will say it is definitely higher risk than regular exchanges since
you are trading with leverage and if you want to see if you want to learn more
about it I do have a video up teaching how to use bit mix but let’s go through
some of the people here heavy autumn wolf this is the guy I want to talk
about because in the top 25 traders buy a notional he has six thousand six
hundred and fifty nine point six nine eight xbt which the equivalent of six
thousand six hundred and fifty nine point six nine eight Bitcoin and if you
do the math on that he’s up he has twenty four million dollars in Bitcoin
this amount of Bitcoin would equal twenty four million dollars roughly at
around the price we are at right now the crazy thing is is if you take it to the
all-time high it’s worth I think a hundred and thirty million dollars a
hundred thirty three million dollars if I’m not if I’m not mistaken of course if
we do take twenty thousand dollars so this is some insane results you can
guarantee obviously this is not their real name they don’t show their real
name simply for safety reasons so we can’t find out more about this person
and I can’t guarantee the hundred percent that this is correct this is
just going off the bit mix leaderboard but I would not be surprised given the
fact you could trade with leverage given the fact how it was that for
cryptocurrency is very very volatile and there are some people who are some very
good traders out there they could definitely time the market better than
the average person and therefore see some crazy results even if you go to the
top twenty-five traders by ro II three hundred and eighty two thousand and
sixty one percent sign at number one you guys can see all the other ones as well
this is just absolutely insane and if you think about it with the volatility
it’s definitely possible so although that trade was not correct we have some
crazy crazy people out there who are making some crazy crazy trades and crazy
money and overall just a very very profitable time in this market if it
goes up or down if you know how to trade if you’re using you know the ability to
short and long you can make money on either side of the
swing now good adoption news for cryptocurrency cuz we’ve got a lot
coming up crypto adoption ahead Nasdaq – add new Bitcoin and etherium indices so
this goes on top of the 40,000 indices that I believe Nasdaq already has
they’re now going to add the Bitcoin liquid index the BL X and V etherium
liquid index the e L X so that’s pretty cool news now let’s go onto the market
before we dive into some specific all coins we have a pretty sideways day the
last one for hours bitcoins down 0.4% so again waiting for a bigger move we’ve
seen some larger wicks like I showed you guys in the trading view chart we’ve
seen some large weeks on the daily but overall the candle bodies are very very
small compared to the wakes indicating we’re opening and closing pretty much at
the same price with very small differences every single day we are just
over 120 billion dollars in market cap with a 52.7% Bitcoin dominance biggest
Gator of the day mo AC maker Komodos going up Arcas of
repos up a on this up and several others are in the green while roughly half way
we’re gonna see the ones in the red so like I said pretty much a 50-50 split
Aurora’s down Gemini dollar is down who ob token is down but again not too much
going on over there as these are stable coins this is a stable coin as well
plenty X’s down dent is down so for bits a 50-50 split looking like we have
another sideways day in the market them you know the chart indicated that pretty
well aetherium is up less than 1% XR piece of less than 1% yo ass is down you
know 0.22% nothing’s happened since yesterday in the markets but that
doesn’t mean good news doesn’t continue to come out because police pension backs
Morgan creeks 40 million dollar blockchain venture capital fund or the
cool part about this is because for the most part we’ve seen institutions you
know hesitate to come in to the mark as it is so new and there’s still so much
that has to come to it we need to have regulations just a lot of things that
need to come in before institutions get more comfortable joining the market but
we can see piece by piece more and more are jumping in so this is just a
representation that a lot of institutions have been looking and some
are now starting to take the leap and I think several more are going to continue
to jump in simply because it’s an opportunity that if they miss and it
does go the way that a lot of the a lot of the community expects and you know
companies and people don’t adapt to that they’re going to be left behind so this
was pretty cool to see in my opinion some good news not individually but in
general for institutions showing that a lot of institutions are looking in but
they are now starting to take the leap as well that’s pretty cool now big news
for Ripple Western Union is piloting a settlement test with ripple again a big
name being tied with ripples showing potentially showcasing what ripple can
actually do and bring some good adoption to them not to mention XR pcz surprises
users by allowing purchase of token directly through credit cards via buying
it so again I say all the time I’m sorry to have to constantly bring XRP and
ripple news into the video but for the most part they have the most news out
there compared to any other cryptocurrency of course not counting
Bitcoin Bitcoin cash I don’t know what Bitcoin cash is doing apparently it’s
talked about a lot on Twitter I saw in a poll done personally I haven’t heard
anything so it’s a good chance that a lot of that is just BOTS but for the
most part XRP has a ton of news coming all the time Bitcoin has a ton of news
coming out all the time and the fact that they are on top obviously that does
indicate to us that the market will tend to follow what Bitcoin does and what the
higher the top all coins are doing but guys that’s gonna be for this video if
you guys did enjoy don’t forget to leave a thumbs up and leave a comment down
below in order to enter a chance to win some free Bitcoin and of course be
subscribed and have your notifications turned on so you can check back in to
see if you did win so you can go ahead and claim it but guys thank you so much
for watching I’ll see you guys tomorrow for another video

38 thoughts on “$24 Million Bitmex Trading?! Huge Cryptocurrency Adoption News! Ripple XRP + Bitcoin BTC Analysis”

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  2. How loooong is this bear market going to last!!!!!!!! ???
    Hope to see XRP massive adoption in the near future!
    Thanks for the info!

  3. Thanks Patrick.  Why does someone post something false like this?  Do you think they are trying to influence others so that the market moves and then this guy really does buy in or short?  Another form of manipulation.

  4. So you got smoked on your intel yesterday, no biggie. We know that you try to bring us current and accurate information. I will continue to listen to your videos.

  5. I wonder why some people claim something, that they haven't done so (I mean claiming thous 12000% profit). Does it make them richer or smarter amongst others?

  6. https://www.newsbtc.com/2019/02/14/bitcoin-experiences-unusual-trading-volume-spike-as-btc-continues-trading-sideways/
    what do you think?

  7. Paramayning is the key advantage of PRIZM before the rest of cryptocurrency. In the basic mechanism of Forzhinga, developers was added a unique, linear-retrograde mechanism of determination of the award for storage of funds, aimed at economic attractiveness and gradual substitution of mass of all existing Financial instruments of the world((((((((((((((((Million Bitmex Trading?)))))))))))))

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