🎢 Hold On! Crypto Rollercoaster Ahead!

In partnership with

Today’s Newsletter is Brought to You by Advisor.com

Take a moment and imagine this!

Your meme coin just rocketed 100,000%!

…Now what? 🤔

Are you buying a Lamborghini? Ferrari?

How about stashing some away? 💰

Safeguard your Retirement Years! 👇

Relax About Retirement

Saving for retirement can be intimidating, but you don’t need to go it alone. Advisor.com lets you compare expert financial advisors to grow and safeguard your nest egg. There’s no fee to try it.

Get matched with a vetted fiduciary advisor today.

Welcome back to Bull Market Bytes, your weekly cryptocurrency insight where we grab a big bag of popcorn and watch the upcoming boxing match.

No, not Jake Paul versus Mike Tyson…

The SEC versus Ethereum…this should be good! 🍿

Exciting topics for this week!

📰 Crypto Rollercoaster

😮 The SEC Vs. Ethereum

📌 Bull Market Bulletin

📚 Weekly Lesson: False Breaks

Fun Fact of the Day 🤓

Want to earn 5 Bitcoins for doing a simple task?

Yeah…definitely sounds like clickbait or too good to be true.

But what if I told you that it wasn’t?! 🤨

In cryptocurrency, “faucets” are used to “spread the gospel” of new projects and can normally be used once a day. 📜

In 2010, Bitcoin’s first faucet was introduced to the community.

It rewarded 5 Bitcoins to members that did a simple task, like watching a short advertisement. 📺

Back then, 5 Bitcoins was about 5 cents, but at today’s value that is over $315,000!

Click below to read more! 👇

Bitcoin’s First Free Faucet Success!

Crypto Rollercoaster 🎢

Bitcoin recently broke the all-time high. We should be celebrating…right?

Well, not exactly… 🤔

Even though Bitcoin broke the high, everyone is still asking one very important question…

When is the bull market run happening? 🤷‍♂️ 

We are asking the same thing because this 2025 Ferrari Super GT pre-order isn’t going to pay itself. 🤣

We may have the answer though…let’s take a look at the chart below!

The chart above shows the past two bull runs and the all-time high breaks.

From the 2017 to the 2021 bull run all time high, the increase is 226.26%!

However, not much can be said about the recent high…

From the 2021 bull run high to our most recent all-time high, that is only a 7% increase…

This movement is called a “false break” or a “fake out break out”. Which is this week’s education lesson!

It ultimately means that there is not a lot of momentum behind bullish movements…

Which is always a sad thing to see… 😭

So…where does that leave us?

There must be something that we can take a look at to have a better projection of movement…

Well, there is a solution! 💡

Let’s take a look below at how the Bitcoin reward halvings have affected Bitcoin’s price in the past! 👀

Historically, Bitcoin has broken the all-time high 6-9 months after the Bitcoin reward halving in 2016 and 2020.

As shown above, the reward halving is estimated to occur in April of 2024.

This projects that Bitcoin will break the all-time high between October 2024 - April 2025.

The SEC Vs. Ethereum 😮

Well, the SEC has found a new crypto target…

Ethereum is the lucky winner! 🙄

For anyone not familiar with the SEC, this is the United States Securities and Exchange Commission.

The primary mission? Cause a bunch of chaos…I mean…make sure everyone is protected when investing. 😅

Below is an older video showing what the SEC classifies as a security and how Ethereum may be just that…a security.

Do you believe that Ethereum is a security?

Let us know what you think below! 👇

Bull Market Bulletin 📋

Click below to read more! 👇

AI is Transforming Agriculture and Crop Management. AI-powered drones are leading the way in crop health management and detection of crop failure.

BlackRock Launches the First Tokenized Fund on Ethereum! The asset is fully backed by cash, United States Treasury bills, and repurchase agreements. Timing is a little off though with the SEC chasing Ethereum!

Creator of Ethereum Unveils “Rainbow Staking” 🌈 Even with nearly 42 million Ethereum worth a whopping $145 million being staked, this may be bad timing with the SEC. Rewards are endless!

Department of Justice Sues Multi-Trillion Dollar Tech Giant! Apple has been slapped with an antitrust lawsuit claiming it is a monopoly and suffocates innovation and illegally throttles competition.

Futures Coming Soon for Bitcoin Cash, Dogecoin, and Litecoin! Bullish news for these three cryptocurrencies as Coinbase announces the launch for the 1st of April! Potentially to become ETF candidates?

Texas Man Charged for Orchestrating a $10 Million Scam! According to the Department of Justice, Robert Dunlap claimed his crypto was backed by $44 Billion in Gold, art, and precious goods…Spoiler Alert…It wasn’t. 🤦‍♂️

The Mastermind Behind a $1.2 Million Scam has been Arrested. Robert Robb, also known as “pokerbrat”, has been arrested for scamming investors with promises to build automated trading bots.

False Breaks! 📚

This week’s lesson is over “false breaks” also known as a “fake out break out”

Grab your thinking caps and let’s dive in! 🤠

When it comes to trading psychology, understanding candlesticks is going to be the first step!

Click here for a refresher on our lesson over candlesticks. The image below gives some insight!

For a false break to occur, it is a slight increase or decrease over a previous high or low of an asset.

Let’s take a look below! 👀

Let’s take a look at “indicator 1” and the “previous all-time high”.

There is a substantial move upward past the previous all-time high, which shows a great bullish pressure.

Then, from “indicator 1” to “indicator 2”, we see another great bullish pressure because it is a strong movement higher.

Now, take a look at “indicator 2” and “indicator 3”, this is another break above, but it is a weak push.

This weak push above is a false break because it did break the high, but it was very weak and not promising.

⭐ Many things could occur after a false break occurs:

• The asset may drop in value

• Short sellers may enter their position

• Sell volume may increase

Want to learn more about short sellers? Click here!

🧠 Remember! Short sellers make money when an asset goes down in value!

They also add to selling pressure when they enter their position.

False breaks are important as they provide insight into the market switching from bullish to bearish!

This is evident from the very long red candlestick that is “indicator 3.”

Trading is all about being one step ahead! Always think from the perspective of both bears and bulls!

Ready for your Lesson Review?

📚 Make sure to review the lesson above before answering!

Question: What normally follows after a false break occurs?

Please let us know your thoughts below!

Your feedback is very important to us! ❤️