Bitcoin Opportunity of a LIFETIME (Don't MISS THIS)

**SPEAKER_1** (0:00)
Let's talk first about Bitcoin, because $59,000 for months has been something that you said was important. And this is a, how many times have we seen it test $59,000?

**SPEAKER_2** (0:11)
This is probably the third test.

**SPEAKER_1** (0:13)
It's going to hold, and if it doesn't, I was telling you the other day about if it didn't hold, and it wasn't you, I don't think, but someone told me some terrible number about where it could go if it broke $59,000.

**SPEAKER_2** (0:23)
It's not to say the bottom drops out, but the next support, the next major support, we're talking low 40s.

**SPEAKER_3** (0:30)
Welcome to the Opportunity Zone in Bitcoin. Might not feel like it, might feel like the world is literally on fire, and the investments in crypto make absolutely no sense in this environment, but I'm telling you right now, this is where legends are made, and we have some excellent signals that are flashing right now. They don't point to a V-shaped recovery in the immediate month or two months even, but they actually are signaling a broader expectation that the four-year cycle is still driving the ship.
We are actually on a perfect roadmap to make sure the DCA time frame of this year is taking advantage of to the fullest. And as you can see, CNBC is feeling the heat, bringing on a pretty based analyst to talk about where Bitcoin is likely to head.

**SPEAKER_1** (1:16)
I heard someone say even worse than that.

**SPEAKER_2** (1:18)
That can't be unheard of for Bitcoin, knowing the volatility is down about 30% after failing right at that 200-day moving average. It's almost perfect right there as resistance.
So that continues to be resistance. It's obviously trending lower.
The good news for Bitcoin traders or investors is that we have a long-term oversold condition, and it's been in place for a duration at which it usually starts to impact the chart. So we're looking for stabilization. Ideally, it does happen in this range because it is a key Fibonacci retracement level.

**SPEAKER_3** (1:52)
We're hitting long-term oversold conditions. Key Fibonacci levels and really a pattern for Bitcoin that's played out for a few different cycles. So I'm going to give you all of these different major indicators, but I'm telling you, timing is everything when it comes to crypto. And this is what we're working on in the background to make sure our community is well prepared to strike when the fire is hot. This year is going to be an opportunity that we're going to wish we had as we move forward towards 2029 Thank you very much for joining me on this episode today. Appreciate you paying attention while the chips are down. This is where legends are made. Let's get into these charts, folks. Now, for top blasters of the recent all time high for Bitcoin, this is a catastrophe. We are down by about 53% from that local high at $126,000, retracing by about 54% as things sit right now.
But the key here is that long term oversold conditions are showing and long term holder supply is increasing. We're seeing long term Bitcoin holders actually hammering in to the fear. They're buying the fear. They're buying the dip in a very major way. You can see the historic up swings to the long term holder supply come in actually before the price begins to skyrocket. This happens time and time again. The OGs know what comes next. So not only do I want to highlight this wonderful chart that shows that the old school whales are loading up, but there are two more major indicators that play into my time frame for when it comes to backing up the truck in crypto.
That analyst on CNBC brought up the 618 Fibonacci Golden Pocket. Let's take a look at what she's talking about here. So from low to high of this last bull market, we have a 618 Golden Pocket that is now being tapped by Bitcoin and actually was tapped this week. As you can see, the 618 is landing right at $58,000 flat. Now in bull markets of the past, we have seen a full retracement all the way down to the 786 But I am of the argument that instead of a few hundred billion dollar market cap in the bear of last bear market, we are now sitting at a trillion dollar market cap for Bitcoin, a much different environment, a much different amount of money to move up and down. I am expecting a general range around this 618 to hold over the course of the next few months. Now, a retracement down to the 786 that would near the bear market of 2022 would actually bring Bitcoin's price down into the $40,000 region.