Bitcoin And Oil Markets PANIC (How To Trade Guide)

**SPEAKER_1** (0:00)
Security program on spreadsheets, new regulations piling up, and audit dread? It's time for Vanta. Vanta automates security and compliance, brings evidence into one place, and cuts audit prep by 82 percent. Less manual work, clearer visibility, faster deals, zero chaos. Call it compliance or call it com-pliance. Get it? Join the 15,000 companies using Vanta to prove trust. Go to vanta.com/com.

**SPEAKER_2** (0:30)
That's the sound of a big deal. At Wayfair, that sound happens a lot. Dream sofa for half the price? Big deal. New dining table you've been eyeing for months? Big deal. Finally, picking up those last few pieces and finishing that bedroom? Now, that's a really big deal. Whatever your home needs, Wayfair has the selection, the savings, and over millions of five-star reviews to back it up. Shop wayfair.com today before someone else snags your big deal.

**Nick Valdez** (0:57)
Wayfair, every style, every home. I gave you this in January 27th. And if we look at January 27th, we went long on oil all the way back in January, and I gave you the call. We put this in the Discord, and we have a link down below. January 27th, I said, keep an eye out on USO. I'll explain what this means in a second. Now, January 27th, these shares were trading for $8.84. You zoom into today, they're trading for over $20. And in fact, spiked above $30 today. And USO just stands for the United States Oil Fund. And when we made the bet back in January 27th, this was trading for $75. Now it is trading for $114. And the way our bet works is we're just saying, by July 17th, this will be trading for at least $105. And you can see right now, we're almost $10 above that price. Which is why this USO option is now trading for $22 when it was only trading for a dollar and change. But in today's video, we're going to look at oil, we're going to look at natural gas, we're going to look at Bitcoin, and then I'm going to give you my 4th commodity trade. This is where I'm putting my oil profits into, and it's all part of the same thesis. Now, you see the markets pushed it down. So why is oil declining? Reason number one is going to be greed. If you look at this, this trader took a huge risk on oil. He did a 20X long enter in at $101. And so you can see right here, looks like he got one of these dips right here, got in at 101

**SPEAKER_1** (2:17)
See, it counts with compounding interest and it's gone.

**Nick Valdez** (2:20)
Reason number two, we're seeing a slight correction in oil is going to be what Trump is doing. So Trump is reviewing a set of options to lower oil prices as soon as today, amid their historic surge. His options include restricting US exports of oil, also intervening in oil futures markets and also waiving some federal taxes. He can also lift requirements under the Jones Act, which said domestic fuel must only move on US flagships. So now opening up more ships to transport our oil. Now the White House is saying they're worried that surge in oil prices will hurt US businesses and consumers and he's reportedly considering the midterm election implications of higher oil prices. And this is breaking from today. Now, like I said, we gave you this call in the Discord at a dollar and change. I would then put out a short and it was only trading at $3.45. Now because we had doubled our money by that point, we did take some profits at three, we took some profits at six, we took some profits at nine, and now we're holding the rest for a moon bag. But there's other reasons why we're seeing oil correction. This is why we're going to be rolling our profits into this fourth commodity. I'm going to tell you in a second now. This right here, this is oil, WTI, this is crude oil prices. And right now, we are seeing a topping tail on this chart. Now we told you about the bottoming tail. Bottoming tail is a bullish signal. A topping tail is a bearish signal. And the way you would need this topping tail to work, this WIC cannot take less than 75% of the area. You can see right now it is well above 75%. So this candle body has to be in the lower quarter of the entire length. In a topping tail, this is Gareth Soloway pointing this out, topping tail also gave us our silver top. If you look right here, he was short silver. A lot of people are disagreeing with him. I made a comment about silver going down. I think I made a prediction of 125 We end up going to 122 You would have thought I was trying to spit in people's baby's faces. People are very mad at me when I said, silver looking like it was going to top. This right here is a topping tail. You can see the wick is more than 75% of the entire length right here and no candle would be able to close above this range. Got scary one day. Then after that, boom, look at that huge move to the downside. So right now, oil is creating this topping tail. Still a few hours in the market. So just keeping an eye out on oil. Chart number two is Bitcoin. Then we're going to do net gas. And then we'll look at my fourth secret commodity here. Bitcoin is showing a lot of confluence. I have three indications saying this might play out. So we have our long bull flag here. Now, this is a floppy flagpole. You know, this is a droopy flag by all indications. And don't always want it to go below 50%. Right now, you know, this body right there is right there at the cusp. Right now, it is still looking good. So we do have the bulls on the upside. We keep talking about this teal line. This is just simply the previous all-time high for Bitcoin back in 2021 You go back to where we're at today. You zoom in. I mean, look at that. Also, Bitcoin is flirting with the 200-week moving average right at this area. When you zoom in to the one hour, you see, look at that. Boom. Try to hit against it. Try to beat against it. Was not able. Maybe keeping out on this parallel range, the rest of the flagpole pennant here. Let's go ahead and do the target. Like I said, there's three things pointing to this price. The bad side about a bullish flag is, the longer it goes, the less bullish it is, because your breakout is just going to keep lowering and lowering and lowering. But maybe it needed to wait until this point. Let me tell you why. Look at this area right here. So we're going to go back to the, say, three day here. This area right here, this was really, really close to where we found support after we dumped and we started losing those moving averages. And if you look, it also goes straight across right here. Candle bodies, the wicks hitting right here at this range. We're going to throw down the horizontal line.