[Music] Hello everyone. I hope you guys are having a wonderful day, making some really good trades as per usual. Let's dive into some analysis on Bitcoin. At the moment, Bitcoin actually looks uh pretty healthy. Uh getting a nice little uh relief rally today. again participating more into that stock market rally that we're seeing across the market here. NASDAQ, Russell 2000, everything seems to be pumping, right? So, I was wondering Bitcoin's not really pumping. What's going on? Is it going to participate finally today near the end of the day or midday I should say? It finally got a pretty nice rally from 86 all the way to 90,000. So, about a 4,000 $3,000 move. Uh we could easily see this continue and extend into the 93,000 to $97,000 range. This is probably where you're going to start to see a resistance and supply hit. And we'll determine on our RSI waves if uh the low is in. Right. We'll be able to see if this is going to turn into an impulse, which at the moment um it's kind of tough to say. it doesn't really look like it. You know, I could kind of force it if I need to, but I don't like to force set trade setups like this where I could I could make the case like, oh, this is a, you know, this is a one and then this is a two and now we're in the three of three moment before five and we're starting to impulse. But, uh, I don't know. I'm kind of on the fence for for that kind of move here. Uh, you'd have to see, you know, it just needs to keep going right now. It shouldn't stop. It shouldn't slow down. It needs to keep pumping into the 93 $95,000 region. And uh if it gets rejected here with no divergence, then you got a you got another three swing move, right? Which would imply that this extension is going to take even longer and could do another WXY and even go lower, right? And continue to extend in multiple three-wave moves, which we've been seeing, right? We got that rejection here. Closed our short a little bit too early obviously, but hey, that's the way she goes. But right now, uh, at the moment, when we take a look at market cipher, it's actually looking pretty bullish on the smaller time frames like the 15minute, you got a lot of green money flow increasing. You got bullish dual bet strength index numbers. You got green dots on market cipher B, market cipher A, and on top of that, the daily cycle, the daily time frame is looking really good on the dual bench strength index numbers. You got a lot of bullish numbers coming out here, right? And not only that, you have the cross X indicator backing you up here with a strong buy signal uh right here, right at the $86,000 levels. So now that you've got that, you know, that nice little buy signal, you should see followthrough, right? You should see follow through to higher levels. So that's what we're hoping to see here. We're hoping to see a nice little bounce and rally back up. Whoops. Yeah. And uh if it can continue, then that's great. You know, if it pulls back a little bit too much, then it's you're at risk of this either being a flat, right? And if this is a flat, uh then it's unfortunate because, you know, it would really it would really mess things up for for the bulls here, right? because it would extend the wave two down once more and this would turn into some sort of a wxy or sorry a flat just basically like like a flat like this and she's going to go down right and if that's the case then you know still we're still going to go higher it's just it's just this this rally here is going to lose we're going to lose the whole rally essentially that's what that what that's that's what this would imply right but it doesn't there's not it's not the only possibility out there multiple setups So, I'll just leave this here for now given, you know, these levels. Obviously, this is always subject to change. You could always take a look at how I'm charting it and you can do the charts for yourselves, but this would imply that we're going to head back down to 85,000 to 83,300. And the more bullish scenario is that you keep going straight up into 92 to 97. All right, that's a more bullish setup. This is the more bearish setup, I would say. Uh, and it would it would, you know, wouldn't surprise me. A little rug pull, liquidity sweep, get get everybody out and, you know, trap trap, you know, trap everyone in their longs here that are FOMOing on Thanksgiving. And, you know, tomorrow is a holiday, I believe, right, for the US. So, that would that would kind of make sense to me. I was also looking at market cipher uh, not sorry, market cipher, wave edge to see if there was any new signals. Uh, I'm not seeing any new signals at the moment. Uh, on the daily terms of the weekly, no new signals either. Just the daily and the three-day. Excuse me. Sorry. Yeah, the daily, the the two day. Sorry, the three-day, the two-day and the daily. Excuse me. I'm I'm got the hiccups right now. Mid mid video. Yeah. Uh, one hour time frame. 30 minute. Yeah, 30 minute you're getting a little bit of selling but not nothing too concerning. I mean like you're not really getting any reaction from it. So I'm guessing this is some sort of profit taking. They're taking profits here. So they're taking profits. My guess is that uh maybe this could extend a little bit more. Okay. Yeah, that's pretty much it. Nothing else on the smaller time frames worth watching. But I it's you know you want to remain bullish you know in my opinion the bigger the bigger picture the weekly cycle is has broken down yes it's of concern could it reclaim it of course you are in a buy area on the larger time frames the weekly cycle money flow is still there although it is curling down it's curving down the RSI is coming down too but we've seen this before right we've seen cycles like this four down and it comes back up. Although money flow is much more uh present in that cycle. I feel like this kind of money flow has been kind of stretched out. It's a longer cycle, right? So that it's been a little bit more of a stretch cycle. So we haven't seen as much money flow and it's been a little bit uh in and out, I should say. You see the money flow and then down and money flow and then down and money flow and then up. So it's got one, two, and three, right? We're going to get a four or is the third time the charm and we're done. We'll see. We'll see. All right, so that's it for now. If you guys want to get my next trade, uh, just join the Discord. Uh, links in the description. Unfortunately, no Black Friday sales from me. Uh, but there are Black Friday sales everyone else. Have a good day. Peace.