Im in this for sure , bout you forgot to mention MSTR options have insane IV and so a drop would be INSANE and its a Ponzi sooo if BTC drops then MSTR will drop double
Agree with your analysis. Ran this same scenario past some traders friends two weeks ago I trust and we are on the same page. My alerts are set and I ignore all the hype that keeps people buying at tops. Thank you.
This fits with the broader market running lower as well. I think you should try a cowboy hat with a serious look to fend off the bit coin fans! Thanks as always for great analysis!
We might go to 80k, but with a 103k detour first to stop the shorters. Or we just nuke straight to 80k. Prepared for both. Thanks for sharing your analysis!
Interesting, the COIN weekly chart looks like a HUGE inverse head and shoulders. BIG head and 2 small shoulders slanting the correct direction upper left to lower right. We just tested the neckline last week and bounced... we shall see. (BTW the head is Nov 8 2021 weekly to March 25 2025)
always nice to watch this analysis. So while you short coin around 260 the risk is 30 bucks and reward seems to be 40 bucks and maybe 60 if you hold i feel like it s a bit risky right now maybe if we retest 278 and reject i ll be watching it though
The best part of the recent significant down days in the market is it's going to make it clear and easier to measure risk against once levels get reclaimed
Your daily /BTC chart looks totally different than mine. It's front month jan 25 contract, but shows 108960 ath, and that wide base before the gap-up, where you have the line... doesn't match for me. If I put the line at the same spot, the start of the gap is higher.
@@tapstt5811 TOS has a setting "Adjust for contract changes" in the chart settings Futures tab. If I toggle that off, then I am seeing what you are seeing, strong resistance around $70k.
Hello from Cali Colombia 🇨🇴 great work on your part ... my trading buddies are also looking at 80k to jump in it....I personally like the ETF...Thank you always valuable MRKT Info...
Nice analysis. You mentioned the concern of the yearly pullback last time on BTC to the retest level but the broader market was in a crazy bullish uptrend. If the market stays like it is and continues feeling heavy, the pullback this time could be fairly quick. Time will tell !
Just love this video and analysis, I hold btc at 10k and hv bought more along the way. Pls continue to make more videos on btc/mstr/coin and yes will trump coming soon eventually we will have a great pump so desi buy btc for sure you will not regret it. Thank you so much for such great content
The Wolf 🐺 ofWall Street strikes again 👍 Great analysis love the weekly analysis and candle point out watch and learn from the chart master appreciate all your content Desi 🔥🔥🔥
Bitcoin is the future, but hard to argue against weekly gaps. Tuff part is the timing, especially with a recognized asset class that now has global demand w finite supply & a now favorable U.S. administration.
not a guarantee bitcoin will retest that previous resistance, it can keep going up in a straight line to whatever price it wants, we're in the midst of a melt up, so corrections can be very shallow. The bullishness on the weekly chart is very strong, so selling without confirmation doesn't make any sense, you're anticipating 3, 4 steps ahead and we shouldn't do this on T.A
The play needs to play out soon. 10 year and USD pushed up like this right before Trump election last time. It proceeded to plummet after he takes office. No skin in the game, but bitcoin is historically trappy. I could see a monster dump down that is bought up on a random weekend.
I can imagine him thinking that walking into the Frame and sitting in the chair will look cool and seem serious, like he's psychologically sitting down with you. Hilarious
you deserve way more subscribers
Don't worry, its on its way.
It’s in the way don’t worry
That means MSTR and coin as well .
Thanks for putting in the work. See you in the a.m.
Excellent analysis. I love these long-term ideas. It teaches patience.
Good call ! Thanks for your thesis !
This is brilliant! Thank you, Desi.
Thanks for the analysis!! Always insightful!!
@@jeffegg2 Hi
Very interesting.
Thank you Vince..
Good stuff Vincent.
Also anchored VWAPS are around BTC 74k (not futures) and 80k in futures so
your videos are very informative. thank you for the info.
Keep up the good work Desi, always appreciated!
The Big Short by Desi Burry
Thanks Desi
Thank you
LETS GOOOO DESI
Im in this for sure , bout you forgot to mention MSTR options have insane IV and so a drop would be INSANE and its a Ponzi sooo if BTC drops then MSTR will drop double
Great thank you !
I an soo happy to come across ur video...... love ur demeanor & explanation.. Definitely a new fan.... thank u so much.
Okay I thought I was going crazy You confirmed my thesis lol
Agree with your analysis. Ran this same scenario past some traders friends two weeks ago I trust and we are on the same page. My alerts are set and I ignore all the hype that keeps people buying at tops. Thank you.
Like the play bro
Love it Vince. Confirming my thesis as well. Time to tee off on this thing has come
you should keep doing btc ta on your channel
Lovely analysis 🧐 ❤
Tha k you. I just found your channel. Great info Boss❤❤❤❤
Loading the Crash slowly...waiting for more confirmation. Thanks!
Exellent Analysis👍
BTC close to aths did u do a video on this trade?
Great analysis Vince!
How do you plan to trade that ? Options, expiration, strikes ?
Brilliant
Lets go do it.
Ibit or Bito Puts. 3 months out?
Gap?? How come
Thanks 🙏🍀🫡
Thanks for sharing. I always take your analysis seriously because it typically makes me money.
This fits with the broader market running lower as well. I think you should try a cowboy hat with a serious look to fend off the bit coin fans! Thanks as always for great analysis!
Where is the NVDA update?
We might go to 80k, but with a 103k detour first to stop the shorters. Or we just nuke straight to 80k. Prepared for both. Thanks for sharing your analysis!
What company can you short that is heavily invested in bitcoin?
Interesting, the COIN weekly chart looks like a HUGE inverse head and shoulders. BIG head and 2 small shoulders slanting the correct direction upper left to lower right. We just tested the neckline last week and bounced... we shall see. (BTW the head is Nov 8 2021 weekly to March 25 2025)
If the pattern take 5+ years that's a stretttttch. Bitcoin after all has only been really relevant for that time.
I have BTCUSD reaching 108k in the next few weeks...
Coin looks like a giant cup and handle
lower high on 4 hour..broke down 200 ma and 50 ma @ 97k slightly below a support r
I love BTC but the facts are what matters. I'll be watching for a potential break below 90 then 88k. Thanks for the info
Thanks let me head to ibit chart
Edit:lol I commented half way through n then you went there.
Getem Desi in the lives every morning
That retest took a long long time vs now only neg
PLTR looking similar. maybe time to risk off in the market.
always nice to watch this analysis. So while you short coin around 260 the risk is 30 bucks and reward seems to be 40 bucks and maybe 60 if you hold i feel like it s a bit risky right now maybe if we retest 278 and reject i ll be watching it though
What vehicle can you use to short BTC?
IBIT is an ETF you can use
I hope it does I am interested in xrp
Can you do an analysis on Meta?
We hav to buy shares correct we can't day trade bitcoin correct
No, No , Correct.
u can trade bitcoin futures
That 80k spot on ur chart is around 74k on trading view charts
you need to turn on B-ADJ and will match
Maybe BITO?
The best part of the recent significant down days in the market is it's going to make it clear and easier to measure risk against once levels get reclaimed
Agreed
Do you have any leading market indicators in your mind? I tend to think of BTC as in tandem with the S&P rather than leading.
SPOT ON VD!
How can you short bitcoin? Is it options. I thought you couldn't trade options on bitcoin?
COIN 1-2 weeks out on vertical bear spread. Time & Short Put is my Hedge.
Your daily /BTC chart looks totally different than mine. It's front month jan 25 contract, but shows 108960 ath, and that wide base before the gap-up, where you have the line... doesn't match for me. If I put the line at the same spot, the start of the gap is higher.
how does your chart shows 80K support?. it should be 72K range.
That's what I'm wondering.
He is looking at Bitcoin futures chart, which will look different than the underlying Bitcoin price. Maybe that is the difference you are seeing?
I’m on btc futures as well, but the price doesn’t match for 80054.
@@tapstt5811 TOS has a setting "Adjust for contract changes" in the chart settings Futures tab. If I toggle that off, then I am seeing what you are seeing, strong resistance around $70k.
@@tapstt5811 its the btc futures chart vs the regular btc chart
Great Video . Love the analysis!
Hello from Cali Colombia 🇨🇴 great work on your part ... my trading buddies are also looking at 80k to jump in it....I personally like the ETF...Thank you always valuable MRKT Info...
Love Cali Co.. The women are so beautiful, ppl is so lovely.
showing strong support at 92k as long as we don't break that it should hold
$73k
Full porting coin puts. Thanks for
The financial advice desi 😂 0dte yolo comin in hotty
Update 180% on Odta and 90% on next weeks lol good way to end a Friday!
👍
Soloway called the top to the penny on BTC about 2 or 3 weeks ago.
Fool
Did V just say he's gonna buy a BTC?! What a time to be alive! Lol
👍x10
There is a correlation btc and market so if btc go down the Spy and QQQ will go down
Let's goo
you might be on to something. Tom Lee said his chartist see’s it going to 60,000 before it goes back to all time highs.
Nice analysis. You mentioned the concern of the yearly pullback last time on BTC to the retest level but the broader market was in a crazy bullish uptrend. If the market stays like it is and continues feeling heavy, the pullback this time could be fairly quick. Time will tell !
Just love this video and analysis, I hold btc at 10k and hv bought more along the way. Pls continue to make more videos on btc/mstr/coin and yes will trump coming soon eventually we will have a great pump so desi buy btc for sure you will not regret it. Thank you so much for such great content
First time I hear you talk about BTC is right after I just bought heavy shares of COIN around $250 and some CONL. lol
5:58 I’m not saying that bitcoin is a piece of shit, “I just think it is” but I’m not saying it 😂😂😂😂😂
Would love getting some $ back on a Revenge $Coin Poot trade.... got stopped on Calls b4 that 50% run up last time🤑
Vince, after this video analysis, you should take the Porsche GT out for a Spin! You Deserve it.✌
🅿🌙💲🈂🚀
The Wolf 🐺 ofWall Street strikes again 👍 Great analysis love the weekly analysis and candle point out watch and learn from the chart master appreciate all your content Desi 🔥🔥🔥
Been short since that inverted hammer my cost avg 103k.. Cya guys at 50K ish....
24k
12k
@@Cut-Throat-Trader 8 5k
6k
K
Desi changed my trading fortunes by showing his strategy. Keep dropping gems bro. FOREVER GRATEFUL🙏🏽
If you see monthly bitcoin has a big hammer inverse, reverse the bullish to bearish
Anyone, please Which BTC related stocks will be best?
Bitcoin is the future, but hard to argue against weekly gaps. Tuff part is the timing, especially with a recognized asset class that now has global demand w finite supply & a now favorable U.S. administration.
Very very possible move. I am regularly shorting bitcoin recently - daily trades and short swings
Risky betting against BTC.
Don't let them know we call it butt coin
Bit corn 🌽
BTC is same chart as QQQ, just trade QQQ
Get a girlfriend dude lol
Nice video
not a guarantee bitcoin will retest that previous resistance, it can keep going up in a straight line to whatever price it wants, we're in the midst of a melt up, so corrections can be very shallow. The bullishness on the weekly chart is very strong, so selling without confirmation doesn't make any sense, you're anticipating 3, 4 steps ahead and we shouldn't do this on T.A
its going lower
@gaving9463 44% chance
BTC moved up 10% and back down 10% in the last 10 days. 20% down from where its at (1/9/24) is probably going to happen faster than we think.
The play needs to play out soon. 10 year and USD pushed up like this right before Trump election last time. It proceeded to plummet after he takes office.
No skin in the game, but bitcoin is historically trappy. I could see a monster dump down that is bought up on a random weekend.
The best and clear analysis for BTC IBIT COIN during this market
Bitcoin takes forever to correct . Enjoy the year long short
Kinda looks like its gonna just start going flat for a few months
I am glad to cut MSTR 360 loss at end of December for tax write off
I can imagine him thinking that walking into the Frame and sitting in the chair will look cool and seem serious, like he's psychologically sitting down with you. Hilarious