Cryptocurrency

The Real Reason That Bitcoin’s Price is Pumping



πŸ”₯ Unless you’ve been living under a rock you already know that the Bitcoin price has been exploding! It’s up 100% this year and it’s up 10 to 15% in just the last few weeks. On the surface level, the story is that it’s because of this ETF news, which is part of it… but there’s something much bigger going on!… Something under the surface that’s really driving this.

So in this video I’m going to break down this ETF news, we’ll break down some of the math to show you how little money moved into the market but we’re also going to dig into the deeper underlying issue of why the Bitcoin price is really moving and what you can expect from here, what you should be doing. Buy now or wait?

So let’s go.

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20 Comments

  1. Getting more and more difficult to trade with crypto in Sweden and probably within whole EU. Many banks block your account if you try to send money from a bank who let you trade with crypto. You can easily send money to crypto trader but very difficult to send back the money to your account after selling your crypto.

  2. WOW you are ONLY my 2nd GREAT youtuber that i will follow! Your explainations, your speaking style, your speaking quality is exceptional. There is not many quality youtubers out there in Cryptoland. New sub, big thumbs up.

  3. I wonder just how many people know that the first bitcoin ever used to buy something bought A PIZZA. Arrrrrrgghhh. Never in human financial history has there ever been a Ponzi scheme like bitcoin. A bitcoin is nothing more than a bit of digital code. You can write one on a piece of paper. Really, no kidding.
    The bitcoin farce is supported by no more than the fact that the last one has not yet been 'mined'. What will hapoen if that is ever achieved, if the vast amount of electrical energy needed to 'mine' it is ever successfully applied. I don't know but I inagine that the world will be gripped by devastating famine as the bitcoin kingpins bolt for their bunker boltholes if they have them as the multi-quadrillion dollar derivatives market collapses, a 'market' built on nothong more than gambling and ever later settlement of debts.
    The epilogue of human history.

  4. Mark awesome video and thank you for explaining the pump so well. Explaining how the shorts have caused the additional pump made me understand it better. I dollar cost average and unfortunately just started a year ago with Bitcoin but I believe in it completely.

  5. Welcome to Bitcoin. Want the price to moon? There is ZERO liquidity with BTC, Zero. Take your BTC off of the exchanges, and put it in cold storage! Right away! Do it, or the exchanges will loan your Bitcoin to short sellers, and this lowers the price. (And this scam caused FTX and many others to crumble, and is the only counter-party risk in the Bitcoin market.) This is the only Bitcoin left on Earth, DCA, buy it, sweep it, this makes everyone rich!

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