Bitcoin Market Manipulation Will Trap You! (WARNING)

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**DZ** (0:30)
This is Discover Crypto, and Bitcoin is pumping right now, but is this pump manipulation, is this pump meant to trap you? We're not even going to waste any time here. I am joined with Drew. And Drew, on the five-minute candles, you can see Bitcoin just blasting off this morning, mostly off the news of what we've seen in the Middle East. Looks like we may have a deal, but we have a warning. We're getting very close to a very, very point of resistance.
But Drew, how are you doing today, man? It's Casual Friday. You're looking sharp.

**Drew** (0:58)
Yeah, man. We were able to call the pump from, well, my trade yesterday in the Discord are from 74 to long on Bitcoin. It played out really nicely overnight. So I know the Discord is eating well from that long, and I saw the quant as a stack of profit cards as well. So waking up to a bunch of brand new tether always feels good in the morning, DZ. Now we're seeing, you know, we are, I got a highlight. We did, I put my neck on the line about a week and a half ago, saying we're on our way to 80k. We are very, very close to that level.
So we'll see if we have the sustained momentum through the weekend here. But a lot of profits were hit overnight on those trades.

**DZ** (1:38)
Yeah, yeah. And you see a lot of them came in yesterday, still waiting on some new trades this morning here. But Bitcoin is blasting off. We're going to just jump right into some of these charts here that we've been looking at Bitcoin still in this trading range, still in the parallel range. And our predictions have been pretty much the same for weeks at this point. We think we're going to stay in this range, hit near 80, potentially 85, and then that's when we might see a pretty strong correction here. If you're wondering what is this trend line on the top, there's a Bitcoin all-time high, and then we hit it again in the middle of January, and then we bucked against it a couple of times, and now using it as support, going into the one hour.
You see, we're getting pretty close, pretty close to this level. How much room do we have to breathe here? Only 1% away. Now, I'm not saying there's gonna be a clean rejection off this range. I am saying we have been listening to this range for a while. Now, the last time we visited the top, Drew, we did blast above. You can go to say, let's say the 12-minute chart here.
Let me find it. Let me move the slide. Very short-lived pump ahead of here. We can go ahead and measure this. This was 12, 24, 36, 48, an hour and change, an hour and 12 minutes here. We did poke above the range. But typically, we've been just rejecting out this level. If I had to guess, Drew, are we going to reject or do we wick past it a little bit?

**Drew** (2:58)
I'd say we wick past it a little bit.
You know, that's kind of what my gut is telling me. But you know, there is a lot of already baked in sadness and expectations of bad things in the market that's being slowly walked backwards, right? With the ceasefire and the straight being open for the time being. And also America flexing some muscle over other warring nations out there in the Middle East that have been really causing some havoc. So, you know, there is the situation in my mind where I see the money flow on Bitcoin.
It is trying to come back green way too soon. This plays into that uncomfortable dream I had where the bear market is too short. And this just is another nail in that large, you know, table I'm building that 60K actually looks like the floor for Bitcoin this cycle, which is where my mind's kind of shifted to. All right, you know, now I'm looking at where could the perspective top of Bitcoin be leading up to the next blow off top. So, you know, I'm taking some time analyzing that, but it's a good looking chart right now, man. You can't lie, especially with everything going on.