Pay Attention To These MAJOR Bitcoin Signals!

In this sunday recap video, George talks about the major signals bitcoin has that is going to push it higher.

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0:00 Jim Cramer
3:28 Short Squeeze
4:56 Bitcoin Miners
6:31 Bitcoin Treasuries

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Let’s talk about Jim Kramer okay Jim Kramer’s been very very very very bearish first at the beginning of the day he’s like the legan Larry Williams warns me that we are very far from the bottom in crypto as if that wasn’t bearish enough then six hours later Jim

Kramer says nasty beginning to the Bitcoin selloff someone’s probably going to have to make a stand here but as we said last night you can’t have asset double in value by hundreds of billions of dollars and anticipation of ATF and then almost no one shows up see that’s

The thing if he said you know what you can’t have a a asset double in value and not expect a little dip or a profit taking that makes sense that makes a lot of sense but no he’s like no one showed up really really no one showed up in

Fact that’s far from the truth a lot of people are measuring the volume on these ETFs and they are jumping by Leafs and bounce and for the most part you see like new ETFs generally speaking have the very like the the hottest the biggest volume in the first day and then

Trend down but no today the volume actually trended upwards so day one you could see large volume okay and on L day two I’m looking at black rocks which is number one and you see it it trended downlo to day four and then day five

Boom a big big jump in fact the volume for Bitcoin ETFs are so high that it has already surpassed silver ETFs it’s the second largest ETF commodity in the US right behind gold right just like in the real world uh the market cap is right behind

Gold I mean so volume has exploded and does not seem like it wants to stop so so what what Jim Kramer said anticipation of ETF and then no one shows up that doesn’t even make sense it doesn’t even make sense because the volume is definitely there so it’s been

Successful so far but is Jim Kramer right is this the nasty beginning the Bitcoin sell off are we going to see more well anyone knows but we do know this inverse Kramer is always 100% correct when it comes to bitcoin we have seen Jim become really bearish just like

Retail investors in previous times and whenever he makes a call about Bitcoin going down further and it’s going to get nasty and you better sell it off it’s almost the exact point when Bitcoin flips above wordss so if we’re go relying on inverse Kramer that means today is probably the bottom and

Tomorrow’s going to start flipping upwards unless that changes but like the last time he made a call that was basically a day or two before Bitcoin started going from 16,000 all the way up to where we are now 41,000 so obviously inverse Kramer has a really good track record but besides

Inverse Kramer what’s really happening why is there a sell off is it just pure profit taking or is it something else what about the short squeeze that’s coming up yeah I said short squeeze we got 800 million close to a billion of short positions loaded up right now because again everyone thinks that

Bitcoin’s going to go a lot lower including Jim Kramer who I covered last night Jim Kramer says Bitcoins go to have a nasty nasty fall and that got a lot of shorters worried because inverse Kramer is never wrong when it comes to bitcoin but nevertheless if we go back

Up to 45,000 and we we get some momentum and we get pushed back up there will be about 800 million in shorts liquidated and we will have that massive short squeeze once again that is around the corner again when in doubt don’t short Bitcoin the shest way to lose money in

Crypto is to short Bitcoin don’t do it don’t do it you just never know when Bitcoin strength comes back up the momentum is back and then you just get wrecked if you don’t like if you think Bitcoin will go lower just you could sell off but to short it no good that’s

Why I never I never shed a tier for any shorters that get liquidated okay I mean if you’re if you’re long you get liquidated yeah that sucks I’ll shut a tier for you but not shorters shorters do not deserve my tears now there’s something else I’ve talked about this

Before my last Sunday video there are signs that the miners are selling not only selling but they are dumping 450 million in a single day that is a lot that will definitely cause some downward pressure but does this mean that the miners are going away because they no

Longer want to be part of this new cycle no no it’s because they’ve been holding for so long they need to take some money off the table because this big day the having day is coming they need to be able to buy more more room more equipment more miners

They need to keep up the difficulty of Bitcoin basically doubles after the having event because now you’re getting half of what you used to so they basically have to double their infrastructure to keep up with the same rate so I do believe a lot of miners are

Selling right now now they are selling because they need that money it’s very costly to buy thousands to tens of thousands of Bitcoin minor machines each one is like three grand you buy 10 of them is 30 grand you buy 100 of them 300 Grand you buy a thousand of them you get

The picture right it starts getting really expensive so I think these miners they’re doing exactly that they’re taking some profits right now they’ve been mining for years without selling now they’re selling a bit because they’re getting ready for this big day overall this is showing all the ETFs in

The US and around the world the countries the public companies including micro strategy private companies and miners at least the ones that have reported okay like micro strategy is like almost up to 190,000 bitcoin marathon’s at 15 Tesla even at 7 10,000 and so forth then you have like

Governments like the US government and China both own about 200,000 Bitcoin they were seized but they still hold it they haven’t sold it you still got others like mount g still having 200,000 gray scale even though they’ve been selling off they still have 581,000 Bitcoin you go on and on my point is

This you you combine everything that you see here just the ones that are listed the biggest entities out there that hold Bitcoin they hold approximately two million Bitcoin more than that and that’s approximately 99.8% of 21 million and we’re not up to 21 million just so you know this is just

Taking a taking an overall percentage of the of everything but we’re only at 19 point something so honestly just 71 entities just 71 controls 10% of all Bitcoin out there already okay this is what I’m saying the big boys they continue to accumulate behind the scenes

Luckily it’s slow but but man they are buying up every single Bitcoin they can that’s why I’ve been telling you guys don’t sell to these guys as good as Black Rock and Fidelity and Franklin Templeton are in terms of buying up all the Bitcoin and throwing their fund

Overall we don’t want that we don’t want them to own more and more a bigger slice of the Bitcoin pie Bitcoin was created for the People by the people to create generational wealth to even the playing field to allow a retail investor to have a chance and make substantial amount of

Money without being duped or without being tricked or manipulated by Wall Street