BITCOIN BREAKING OUT RIGHT NOWWWWWWWW

The Moon Show

Current Market Analysis

  • Bitcoin is breaking out of a blue falling wedge, potentially reaching $106,000.
  • Litecoin has broken out and met the target price of $128.
  • Ethereum is expected to reach $4,000 and potentially $5,800.

Trading Positions

  • The speaker has opened long positions on Bitcoin and Ethereum on Bybit and Coinflare.
  • They plan to open positions on altcoins, which are currently "massively depressed" and expected to "snap" and increase in value.

Market Outlook

  • The speaker believes that buying now is a fantastic opportunity for the long term.
  • They expect altcoin season to start when Ethereum breaks out.
  • The technicals are looking bullish, but fundamentals and news events can still impact the market.

Exchange Recommendations

  • Coinflare is recommended for day trading and quick trades.
  • Bybit is considered the safest in crypto.
  • Weeks is also mentioned, with a promotion offering $100 free trade with no deposit.