Cryptocurrency

Bitcoin History just Broke! More cascading liquidations



#Bitcoin #Ethereum #Celsius #FlushingLeverage #GreatDeleverage #Crypto #Macro #Markets
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.
0:00 The Story
0:20 History is broken – Below previous bull run ATH.
0:40 This is a Flush Out of Leverage
1:20 Cascading liquidations
1:50 No Bullish Signs – Only Ominous Ones
2:10 In a recession – no growth in Q2
2:33 ATL Fed Q2 GDP Now at Zero!
3:00 Nasdaq vs 10 Yr Yield YTD
3:28 BTC Drops out of top 10
4:00 BTC Dom Tanks to 41.97%
5:00 BTC RSI at all time Low – PlanB
5:20 200 Week Moving Avg Smashed
5:51 BTC 200W MA – Blue Zone ie 70% off ATH
6:10 Liquidations $275M
6:34 FNG at 6
07:00 Celsius Update – What we know so far
08:40 stETH/ETH Pool Disjointed
09:14 stETH
09:55 Celsius’s Risk Increases as stETH Falls
10:15 Celsius Bitcoin Liquidation Price – $13.6K
11:00 MakerDAO Votes – Reducing Celsius Exposure
12:15 One Sign of Hope
13:00 Perhaps a Second Sign
13:49 Perspective
14:31 DCA into FIAT Future Value Calculator – DCA’ing into FIAT next 10 years w 200K becomes 92K -thanks sunjay for inspiration
15:00 Wisdom Per Jim Stack – “The ‘good news’ is that this will ultimately lead to one of the best buying opportunities in decades,” he writes. “But for now, patience is paramount.”
Still, it isn’t the end of the world. Jim Stack, president of InvesTech Research

34 Comments

  1. just on aave alone there was hundereds and hundreds of millions of ether liquidations that were going to be triggered at 1000$ alone.

  2. 3:28 Can someone tell my what site this screenshot is from?
    I am searching for something like this for quite some time now.
    Only know sites, which only show crypto, but not crypto + stocks.

  3. Had a referral link to Celsius? You are part of the problem James. You don't know what you're doing, but that's why you don't own XRP and don't support Ripple.

  4. Hello James & IA team! Thanks for sharing your thoughts about the space, and also regarding Celsius. You are not responsible for any of these problems…it appears to be an attack on monetary sovereignty and taking current macro negativity and adding fuel to it to collapse entities such as Celsius! I pray and hope Celsius makes it out of this and can figure out a way to prevent this from ever occurring again (if that is possible). After all, Celsius does not have money printing in their arsenal as a tool. Alex is a leader and I believe he can make it happen! 🙏 He still has my vote!!! James, you also still have my vote!!! 🤓

  5. Bleak but only one of best opportunities to come. Focus on freeing up and improving liquidity. Fiat may be trash long term but holding it now for buying at at right time is going to be so important,

  6. When we all absolutely think it is actually over, truthfully, then wait two months more, wait another month, then it will return. Remember it never will die.

  7. Hey James, thanks as always 🙂 Can you elaborate on the idea that everyone is cashing out and they all know that cash is trash, how does it make sense do sell anyways and not let the money work further?

  8. Michael Burry was right about this being the mother of all market crashes. Never thought I'd see crypto sell off this much again. Believe it or not, it was worse in 2018, my portfolio dropped about 85% back then. I got my whole bitcoin though so it recovers, I'll participate. If not, it was a great ride.

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