BITCOIN ETF LAUNCH DISASTER?! WAS THE BITCOIN ETF LAUNCH A FAILURE? YES OR NO! EXPLAINED!

BITCOIN ETF LAUNCH DISASTER?! WAS THE BITCOIN ETF LAUNCH A FAILURE? YES OR NO! EXPLAINED!

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So was the Bitcoin ETF launch a disaster was it a failure that’s what we’re going to talk about in this video I’m going to give you my opinion and then of course I want to hear from you so drop in the comments below two things hit that like

Button please below and hit that subscribe button below here’s what we’re going to discuss was the $4.5 billion dollar inflow into uh the Bitcoin ETFs yesterday in the first day of trading a failure was the launch a failure yes or no I want your opinion here’s my opinion

The short answer is no it was not a failure and I’m gonna show you a couple things here in a minute I’m going to cut to some things in a minute but also I wanna I want to reiterate something we had no idea going into tomorrow what really was not tomorrow yesterday excuse

Me what really was GNA happen we really didn’t know we didn’t know what the volumes were going to be we didn’t know what the take rate was going to be and so 4.5 billion there’s a lot of resources out there that are saying that that is one of the top launches for an

ETF out there period in the in in all of history so I’m going to consider it a win but I’m also going to remind you that it was the first day I’m also going to remind you that crypto is something brand new in the world of kind of Main

Street investing Main Street USA Main Street Europe Etc right and so you have to also factor in that the companies behind this black rock Fidelity Arc they are now sending all of their top financial advisers to their top wealthy individuals and that that control you know billions and trillions of dollars

And saying hey you ought to invest in this Bitcoin ETF you ought to invest in the future crypto products we have coming you ought to invest in Bitcoin uh all that kind of stuff that will build over time okay so with that let’s take a

Look at what I’ve got for you so we had this break of course you know uh Vanguard saying that they’re not going to offer spot Bitcoin ETF we had you know bank of americ maril Lynch come out and they’re saying that it doesn’t align with their how they value assets they

Don’t like the volatility blah blah blah okay this actually did not surprise me that they’ve come out and said this I mentioned this already spot Bitcoin ETF volumes Eclipse 4.5 billion on first day of trading I consider this a win I consider this to be a good thing and go

Back to what I said at the top of the video is that we really had no idea what what was going to transpire and the sheer fact of the simple fact that the Bitcoin ETFs were approved by the SEC moved crypto into the consciousness of traditional investors

That right there is a win period end of story drop the mic walk off the stage because what we need for crypto is we need crypto opened up to the masses as an investment asset class and this was the first step this is why it was a win

Because we’ve got to get those people coming into crypto 5% of the global population is invested in crypto we need crypto to go mainstream to bring to to raise the entire crypto Market valuation up so that everything you and I own goes up in value okay so with that continuing on

This is really what I want to share with you and want I want I want to make sure that you understand this the real thing that is going to raise crypto’s valuation in addition to the spot Bitcoin ETFs and that being the fora for crypto to become part of the conscious

You know in conscious uh idea or investing asset for regular investing people that are not in crypto is the Bitcoin having okay and what you see here on the screen is a chart showing you back this this box right here on the left this this box with the yellow uh

Box the box with the yellow box yep you heard me right back in 2016 it shows the it shows the having cycle and it shows how it went up to 800 dropped to 600 I’m sorry 800 dropped to 460 and then went on to up to four to

20,000 okay and then there was a and then you see now what we’re looking at on this having cycle is um moving this in this dotted line right here make sure you guys can see this yeah okay let me move the picture of

Me um let me do this uh hold on just a minute I’m trying to get this where you guys can see this okay so now you can see this okay you see this this this dotted line shows having April 2024 let me make sure that let me get

I’m having to move screens here just to make sure you guys can see everything there we go make it bigger all right there we go sorry about that so having April 2024 it shows that before we get there we will see a we will see a spike

In Bitcoin up to 60,000 and then the having event happens we will drop down to 50,000 this is all standard this is happens normally but then after that going to an unbelievable level and on the right hand side showing the movement of potentially a million dollars of per Bitcoin yeah pausing for dramatic

Effect there okay and so I want to point something out to you guys so one thing that I really love is I’m a huge fan of Kathy Wood now she’s a traditional uh Wall Street Guru she’s predicting that Bitcoin could hit 1.5 million by 2030 all right then you go

Back over to this and you go all right a million to a million five in Bitcoin if Bitcoin goes to a million5 you’re going to see that number all of crypto go up insanely big I’m talking about crypto going to the valuations are probably 15 20 trillion I mean it’s absolutely astronomical what

We will see there my point to wrap up is this you have to look at all the factors you have to look at everything was the Bitcoin ETF launch a failure in my opinion no we had no idea what to expect and 4.5 billion in the first day of

Trading does put it up there as one of the most uh successful ETF launches in the history of of all ETF launches number one number two what it really comes down to is it’s it’s a success from this standpoint it is the beginning of bringing traditional investors who’ve

Not invested in crypto into crypto it is like literally the gateway to get them in number three the main thing out there and get them in and by the way grow bring bring even more people in and then they will start investing in other assets like ethereum and cardano and all

That kind of stuff but the really the big thing of the show is the Bitcoin having like that chart I showed you that’s truly what’s going to bring crypto up all of this combined is going over time this is not going to happen tomorrow guys this is

Not going to be in the like oh Austin says five minutes from now where are we at why isn’t Bitcoin at a million bucks and it’s an hour later come on you know that’s not how this works I’m just trying to illustrate and point out the

Fact of all of the variables so that you understand them okay so final thought here I need to make you aware real quickly um this is the best trading platform out there Marx I have a referral bonus for you down in the description if you want it uh you can

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