BREAKING: LARGEST BULL FLAG BREAKOUT IN HISTORY — Transcript

Full transcript

1. 0:00We could be on the verge of having one
2. 0:02of the largest blow-off top bull runs in
3. 0:05the history of your life. [music] Things
4. 0:08could be about to go absolutely bonkers.
5. 0:11Price could go absolutely crazy. And in
6. 0:14today's video, I'm going to break down
7. 0:16this formation that's been forming for
8. 0:1912 years [music] right beneath our feet
9. 0:21and it just exploded and it could change
10. 0:24completely the game for Bitcoin and
11. 0:27crypto. I'm going to tell you what it
12. 0:28means for Bitcoin and crypto, what
13. 0:30caused this huge breakout, and what
14. 0:33could we expect to happen next. Let's
15. 0:37get into it. Is crypto about to have its
16. 0:39largest bull run in history? Breaking
17. 0:42news, we just had the largest bull flag
18. 0:45breakout in over 100 years in the stock
19. 0:49market. This could mean one of the
20. 0:50largest blow-off top bull runs in your
21. 0:54entire lifetime. But, what does this
22. 0:57mean for Bitcoin and all coins? Is this
23. 1:00a hidden bad sign? I'm releasing a VIP
24. 1:03bonus video October 23rd. Join 100,000
25. 1:07students and get this video completely
26. 1:10free. You do not want to miss this VIP
27. 1:13video. This could be the biggest news to
28. 1:16ever happen in crypto. Go to
29. 1:18cryptocrewuniversity.com,
30. 1:21join the email list, and I'll see you
31. 1:23October 23rd for this enormous video.
32. 1:27Again, cryptocrewuniversity.com.
33. 1:32Today, we're on the S&P 500 index and we
34. 1:34are on the two-month chart and we're
35. 1:36going to be talking about what happened
36. 1:38here, which could drive one of the
37. 1:41largest bull runs in history, and what
38. 1:44it means for Bitcoin and crypto. What
39. 1:47does it mean? Is this a bad sign for
40. 1:49Bitcoin and crypto? Is this a good sign?
41. 1:51Is money going to flow out of Bitcoin
42. 1:53and crypto into this market and crypto
43. 1:56will suffer, or are they going to join
44. 1:59together and have the absolute biggest
45. 2:02parabolic bull run in your lifetime. I
46. 2:05want to break down, if you didn't see
47. 2:07our previous video, make sure you
48. 2:09subscribe. Go check out the previous one
49. 2:12on the stock market, but let me
50. 2:14summarize what has happened so far.
51. 2:17Bitcoin came out back here in its
52. 2:20infancy in in 2009.
53. 2:23And during Bitcoin's entire childhood
54. 2:26and adult life, we were trapped inside
55. 2:29of this bull flag that's been quietly
56. 2:31forming that nobody pays attention to
57. 2:33and we just broke out of it. In other
58. 2:36words, this 4-year cycle that you hear
59. 2:39about every 4 years we had our top and
60. 2:41we created a lower high and every 4
61. 2:44years we had our bottom and also created
62. 2:46a lower low. And during that, you create
63. 2:49a bull flag. Is this a textbook bull
64. 2:51flag? No. What is a textbook bull flag?
65. 2:53How would it need to be different than
66. 2:55here? And if it's not a textbook bull
67. 2:57flag, does that mean it won't be as big
68. 2:59of a parabolic run? Well, a bull flag
69. 3:01traditionally has this long pull, which
70. 3:03we do. We do have a classic pull. There
71. 3:05are two reasons why this is not a
72. 3:07textbook bull flag. Let me name both of
73. 3:10them. The first one are you want
74. 3:13parallel lines, meaning the resistance
75. 3:16that's at the top and the support that's
76. 3:19at the bottom, you want those to be
77. 3:21parallel. These are not precisely
78. 3:23parallel. That's reason number one it's
79. 3:25not a textbook bull flag, but it is a
80. 3:27bull flag. Reason number two,
81. 3:30we came down a little bit more than I
82. 3:33would like. In other words, you want to
83. 3:35take the top of the pull and you want to
84. 3:38make sure that the bottom of this flag,
85. 3:42relative to the top of the pull, is not
86. 3:44more than 50% of the length of the pull.
87. 3:47We're getting close. So, for those two
88. 3:49reasons it's not a textbook bull flag,
89. 3:52but it is a very nice bull flag. Now
90. 3:54that we understand, okay,
91. 3:56Bitcoin came out here,
92. 3:58we quickly entered this bull flag, and
93. 4:01we've been in it for 12 years in a row.
94. 4:03How the hell did we finally break out?
95. 4:05So, let me take a step back. Let me show
96. 4:08you the history of what we've got on our
97. 4:11hands. So, this is the S&P 500 index.
98. 4:14The stock market in the US typically
99. 4:16runs the world. Bitcoin and crypto do
100. 4:19not lead markets, they follow markets.
101. 4:22The stock market in the US typically
102. 4:24leads all of markets. So, whatever this
103. 4:27market is doing, that's what Bitcoin and
104. 4:29crypto will do. And how can Bitcoin and
105. 4:32crypto have a sufficient bear market
106. 4:36that crashes like it normally does, and
107. 4:39crashes as long as it normally does when
108. 4:42we just had one of the largest bull flag
109. 4:44breakouts in the history of the stock
110. 4:46market. In over 155 years, you've never
111. 4:49seen a bull flag breakout like this.
112. 4:52Right now in in front of you is 155
113. 4:55years of the stock market. I have four
114. 4:58red circles on the chart. Take a look at
115. 5:00them. You may remember these years when
116. 5:02you study
117. 5:04financial history. 1929,
118. 5:07ring a bell? That's when we got above
119. 5:10this white line in the RSI. Keep in
120. 5:12mind, RSI measures overbought oversold.
121. 5:16Whenever we get this high in the RSI, it
122. 5:19represents overbought. It represents
123. 5:23a parabolic rise. It represents a
124. 5:25blow-off top of unseen proportions. It
125. 5:30represents one of the largest blow-off
126. 5:32tops
127. 5:33you will ever see in history. So, that
128. 5:36was the first time that the RSI
129. 5:39overbought oversold got above this white
130. 5:41line white line at 83.87.
131. 5:45The next time is about 27 years later. I
132. 5:49want you to remember the number 27
133. 5:51because it's going to come up time and
134. 5:53time again. This is a repeating pattern.
135. 5:57Okay? So, about 27 years later, that's
136. 6:00the next time that we got above this
137. 6:03white line. And once again, that market
138. 6:05was hot. Once again, that market was
139. 6:08overextended. And once again, that was
140. 6:11the most overbought. Everybody was
141. 6:13buying at this time, which pushed prices
142. 6:16up and pushed them up quick, which led
143. 6:19to our downfall, which we'll get to.
144. 6:22So, about 27 years later, it all
145. 6:27happened again. And this one may be more
146. 6:29familiar to you if you've studied money
147. 6:32and finance. It brings us to the year
148. 6:361987. Okay?
149. 6:39I happened to be at the ripe age of 3
150. 6:41years old, so I didn't quite know what
151. 6:43was happening in the world, but you may
152. 6:44have studied it. The market was hot, red
153. 6:47hot. And out of the history of the stock
154. 6:50market at the time, this was the third
155. 6:52time that we were as hot as this.
156. 6:56Okay? So, we had 27 years, 27 years, 27
157. 6:59years. The next time was half that.
158. 7:03Okay? Which brings us to the glory days
159. 7:05of the dot-com bubble, 1999
160. 7:08to 2000 was the next time that we were
161. 7:12that red hot. And I'm talking a blow-off
162. 7:15top of catastrophic proportions. It was
163. 7:19an enormous blow-off top in the stock
164. 7:21market. Now, keep in mind, the US stock
165. 7:24market's going to drive everything. So,
166. 7:27if you want to know what's going to
167. 7:28happen to Bitcoin and crypto, is money
168. 7:31going to flow out of altcoins and out of
169. 7:34Bitcoin into the hot market? I mean,
170. 7:37you've seen what happened with gold. A
171. 7:39lot of money will flow out into the hot
172. 7:41thing. That's what typically has
173. 7:43happened for the history of humankind.
174. 7:45We have a very short attention span, and
175. 7:48if we see a shiny object over there that
176. 7:50everybody's talking about, we're going
177. 7:52to want to get into that, but
178. 7:53unfortunately, everybody gets in at the
179. 7:55worst possible time. So, if you were
180. 7:57like me and you were young and dumb, you
181. 8:02invested in the stock market during this
182. 8:04time. So, if you're nodding your head
183. 8:07right now, join the crew of idiots who
184. 8:10didn't know any better. I was young, I
185. 8:12was dumb, 15, 16 years old. I thought I
186. 8:16understood markets. I got in at the
187. 8:18worst possible time, and that happened
188. 8:20next. Okay, that was not a fun time for
189. 8:23me and my portfolio as I'm sure for you.
190. 8:27But, as you look at this chart, you can
191. 8:29see that right now in the stock market
192. 8:33after we
193. 8:34blew up, right? After we broke out of
194. 8:37this 12-year bull flag,
195. 8:40you can see that we rose to the point
196. 8:42where we're 12 years ago.
197. 8:45And you can see that that rise in the
198. 8:48stock market is the fifth largest in
199. 8:53history. In other words, right now, we
200. 8:55have the fifth most overextended market
201. 8:58of the stock market history of 155
202. 9:00years. We're looking at all the data. I
203. 9:02just told you 1929, 1956, 1987, 1999,
204. 9:07and right now is the fifth most
205. 9:11overextended market, but it might not
206. 9:14stop here. We might go into this
207. 9:16blow-off top phase if we were to hold
208. 9:19this white line as support. Case in
209. 9:21point, look at the data points before.
210. 9:23Once we're able to hold this white line
211. 9:26as support, blow-off top.
212. 9:28Happened in 1929. Also, in 1955, 1956,
213. 9:331954, once we held this white line as
214. 9:35support, blow-off top. Same in 1987,
215. 9:39once we got above here, held it as
216. 9:41support, boom, blow-off top. And the
217. 9:42same for 1999. We are
218. 9:46at the point where we started this bull
219. 9:48flag 12 years ago.
220. 9:50In other words, in plain English,
221. 9:53Bitcoin and crypto
222. 9:5512 years ago started consolidating
223. 9:58into a bull flag. And every 4 years,
224. 10:02like clockwork, we had a top. And every
225. 10:054 years, like clockwork, we had a
226. 10:06bottom. Our bull flag was almost
227. 10:10textbook.
228. 10:12And something made us explode here.
229. 10:15Something made us break out of this
230. 10:17long-term bull flag. And let me break it
231. 10:20down to you. This sort of thing happens
232. 10:23about every 27 years. You think about
233. 10:251999
234. 10:27to 2026, quick math will tell you 27
235. 10:31years. The only time it wasn't 27 is
236. 10:33between these two data points, which it
237. 10:35was precisely half of the 27, okay? So,
238. 10:4027 years ago, we had this thing really
239. 10:43blow up, called the internet.
240. 10:4527 years later, we have the next
241. 10:48thing that is
242. 10:52maybe bigger than the internet, called
243. 10:54AI.
244. 10:56That's the reason we broke out of here,
245. 10:59AI. The AI boom is enormous, and every
246. 11:0327 years we have this big thing that
247. 11:06comes. 27 years from now, it'll be
248. 11:07something else. The next AI, it'll be
249. 11:10bigger than AI, it'll seem enormous. But
250. 11:13this AI boom could bring us to have this
251. 11:15white line as support. That could bring
252. 11:18us into our largest parabolic blow-off
253. 11:21top in your entire life, right? If you
254. 11:24weren't investing in the stock market
255. 11:26here, it'll be the biggest opportunity
256. 11:28you've ever had. But what does it mean
257. 11:30for Bitcoin and crypto? Now that you
258. 11:32understand where we're at, you
259. 11:35understand like, "Oh, the stock market
260. 11:37right now is at one of the most
261. 11:39overextended in history, the fifth most
262. 11:42overextended. We haven't been this high
263. 11:44since 12 years ago. We haven't gotten
264. 11:46above this level since the dot-com
265. 11:48bubble." Then you can start to
266. 11:50understand 1987 and what happened then.
267. 11:53You can study the history and you can
268. 11:55start to see where we're at and you can
269. 11:57start to see how this is going to change
270. 11:59the game for Bitcoin and crypto, which
271. 12:02is why I want to make an entire video
272. 12:04dedicated to what I think is going to
273. 12:06happen next for Bitcoin and crypto and
274. 12:08what I think this means for Bitcoin and
275. 12:11crypto and what I think could
276. 12:12potentially come in November and
277. 12:15December for Bitcoin and crypto. I'm
278. 12:17making a video about it. It's a VIP
279. 12:20bonus video. It's going to go out to
280. 12:23everybody that's on my email list. Join
281. 12:25100,000 people on my email list, get
282. 12:29this video October 23rd, and I'm going
283. 12:31to break down exactly what I think.
284. 12:34Because this could completely change the
285. 12:37game and there's a little hidden clue
286. 12:39inside of this chart right now, which
287. 12:41happened in 1929, happened in '56,
288. 12:45happened in '87, and it happened in '99,
289. 12:47and it could be about to happen again.
290. 12:50Is crypto about to have its largest bull
291. 12:53run in history? Breaking news, we just
292. 12:56had the largest bull flag breakout in
293. 12:59over 100 years in the stock market. This
294. 13:02could mean one of the largest blow-off
295. 13:05top bull runs in your entire lifetime.
296. 13:08But what does this mean for Bitcoin and
297. 13:11altcoins? Is this a hidden bad sign? I'm
298. 13:15releasing a VIP bonus video October
299. 13:1823rd. Join 100,000 students and get this
300. 13:22video completely free. You do not want
301. 13:25to miss this VIP video. This could be
302. 13:27the biggest news to ever happen in
303. 13:31crypto. Go to cryptocrewuniversity.com,
304. 13:34join the email list, and I'll see you
305. 13:36October 23rd for this enormous video.
306. 13:40Again, cryptocrewuniversity.com.
307. 13:43[music]