Bitcoin and Crypto State of the Union - LIVE - Bitcoin TA - the Triple Bottom
https://www.patreon.com/InvestAnswers
#Bitcoin #Ethereum #BinanceSmartChain #Tesla #InflationBets #Bonds
Live: Bitcoin and Crypto Market - State of the Union
0:00 Intro
0:10 IA Patreons Are Rockin’ It
Come join us at:
Patreon.com / InvestAnswers
0:20 The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.
1:00 Triple Bottom
Solid Support
31,300 to 31,600 Level
Pre existing downtrend
Equally spaced
Form horizontal support line
2:00 Bitcoin Triple Bottom
Perfect triple bottom but critical to stay above 30K. If we crash thru 30K we could see 28K or even 25K but I believe it will be bought up by the big money who has been waiting on the sidelines.
3:00 Plan B S2F - Worst Case Scenario
Aug 47K
Sep 43K
Oct 63K
Nov 98K
Dec 135K
When Fed indicates it will raise rates it strengthens dollar
EV = $143,009
105K votes, 60% believe BTC will be above 100K. . The exp value of all of these scenarios is $143009!!! Cal by xing % by value
4:00 Smartest Investors Are Buying:
0.00438%
Stanley Druckenmiller, Ray Dalio, Paul Tudor Jones, Jack Dorsey, Michael Saylor, Cathie Wood, Bill Miller, Elon Musk
5:00 Saylor Buy Another 13,000 coins
Adding another 26,000 coins soon
Avg cost $37,617
Could have 129,000 BTC soon
Game theory
$1BN more on the way ie another 26,000 coins bringing tally up to 129K
6:00 Robert Breedlove
Great video on FIAT
Freedom
Bitcoin
Valuation models
307K in Oct
12.5M in 2031 ($1M in real PP terms)
7:00 Risk
My only concern for downside risk is if we get a major correction in equities which will pull BTC price downwards no matter what the on-chain fundamentals may suggest. Noticing USD strength on the DXY (US dollar index), which suggests some investors moving to safety in the USD.
8:00 Pretend it is for AML and Envt
Truth is it is about control, fighting capital flight and supporting Digital Yuan
Full China Shutdown
9:00 Digital Yuan Threatens Freedom
China wants global control
Global reserve currency
They can strong arm markets
Now is the time to strike as $ is weak
CDBC is a penchant for social control
10:00 China Miners
They were shut down
They need to sell BTC to fund migration
The world has open arms
Mining rigs are a rare commodity
Mining is becoming more green by the day
11:00 In Other Communist Warnings
CB don’t give advice
But here we do
Fake
Gold Rush
Danger
Nabiullina is optimistic about the digital ruble
See any similarities?
12:00 Bitcoin and Freedom
“Bitcoin is the real Occupy Wall Street”
Julian Assange is locked up now 3 yrs in UK toughest prison
China crackdown is about control
Only way to stop Bitcoin is to go after the person
13:00 Bitcoin and Britain!!!
14:00 Exchange News - ByBit and Kucoin