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How’s it going everyone it’s Sam there is a Bitcoin cheat code and someone just found out about it I want to talk about that talk about what’s happening in the market because we did see the price of Bitcoin falling down a little bit below 51,000 let me tell you why this is
Actually really bullish I know that sounds crazy but it is bullish that we are still at this price if you don’t mind hit subscribe turn on the Bell notification underneath the video to see future videos just like this one as soon as I make them because this is a time in
The market where you do not want to be late if there’s news there could be news any minute and the price could go up $10,000 for a Bitcoin other altcoins could pump 10% 20 30% in a minute and I am I’m willing to pretty much jump out
Of anything I do throughout the day to make a video whether I’m watching a movie with family I’m willing to jump out so hit subscribe also there is a link down there to Marx in case you want to trade cryptocurrency I saw this drop and unfortunately I was I was doing some
Work I was already making some videos when this drop happened so I wasn’t able to jump in but as you can see here nice little bounce off of that ,700 Mark if you want to trade cryptocurrency Marx is a great place to do it there’s also uh
The ability to trade Caspa so obviously a lot of people trade Bitcoin on there but they have a bunch of different cryptocurrencies and they added Caspa on there and it’s had a massive move uh I’ve actually tra traded Caspa before on the platform so you can check out the
Link underneath the video you get a 20% deposit bonus that can be used towards fees as well so definitely check that out there’s no kyc which means you don’t have to put in a lot of personal information you can get set up in just a few seconds now the nasdaq’s down pretty
Significantly today I think there are two main reasons for that and this affects cryptocurrency because when the traditional markets are down cryptocurrency markets sometimes fall down as well uh one we have Nvidia earnings tomorrow it’s been the darling of the stock market pretty much pulling
Up all the the indices uh and growing to huge valuation that’s tomorrow and then we also get the FED minutes back from January 31st and people are worried about inflation and what’s happening there so that’s spooking the traditional markets Bitcoin just flipped bearish bearish momentum on the indicator that
We have the HG algo indicator um and that’s because we did have a pretty big drop from 53,000 all the way down to ,750 now I will say recently it showed a time to DCA which was freaking perfect I mean like right at the bottom of this
Drop and then we went back up so uh the indicator still working very well now why did we fall though well two main things we did have some liquidations people that were going too aggressively long and then we’re also seeing gbtc sell a lot of Bitcoin thousands and
Thousands of Bitcoin from what I tabulated here about $200 million worth of the Bitcoin now we know that they’re going to continue to sell Bitcoin we know that they’ve said that they’re going to sell um well we know that Genesis has said that they’re going to sell about $1.6 billion worth of gbtc
Which causes gbtc or grayscale to then go sell the Bitcoin so there is a lot of selling pressure from them we’ve talked about it before it’s short-term selling pressure now honestly I think the fact that we’re at this price here today that we’re still above 50
,000 is super bullish I mean the the NASDAQ today is down 1.43% we have Tesla down 4 a half% Amazon down 2% we have big companies trading down significantly and bitcoin’s trading down like the same amount and this is at a at the same time that we’re seeing hundreds of millions of
Dollars selling Bitcoin hundreds of millions of dollars worth of bitcoin being sold on the market honestly the fact that we’re holding Above This level is super bullish like let’s scroll out here a little bit what if I told you a couple months ago a couple weeks ago
That we’d be at 51,000 grce scale would be selling hundreds of millions of dollars a Bitcoin a day and we’re still above 50,000 that is unbelievable and as I’ve said before this trend line around $48,000 $49,000 is a big area that we want to stay above this level this $448,000 level that we
Came up to and saw resistance back in the end of the bull market going into the bare Market is another big area to stay above we’ve stayed above both of them we’ve stayed above 50,000 even with hundreds of millions of dollars being sold a day of gbtc we stayed Above This
Level and that’s actually really good because we’re moving into the bull market we’re moving into an a time where sellers are going to be exhausted and there are people just swallowing up more Bitcoin we’ll show show one of them here in just a second Michael sailor uh just
Come came out and talked about when he’ll be selling Bitcoin but this was really interesting micro strategy market cap is $12 billion S&P 500 new listing threshold is about $16 billion if msdr gets added this cycle trillions of passive flows including Pension funds Sovereign wealth funds Etc may all have
Aever Bitcoin ETF in their portfolio soon this is the cheat code this is the cheat code where mstr gets added to something like the S&P 500 they get passive flows and we’ve talked about Bitcoin ETFs being approved and then possibly getting in retirement portfolios before but this is another
Kind of a back door that could cause bitcoin’s price to go up because as mstr gets passive inflows they would then have more capital or they would have an easier way of raising money getting debt to then go buy more Bitcoin and then they would continue to grow and bitcoin’s price
Would go up they would be bigger they could get cheaper debt they could buy more Bitcoin they would grow and this is just like a flywheel effect I don’t know if they’ll get approved to the S&P 500 I don’t know what it takes besides just the new listing threshold I’m sure there
Are other things that you have to do uh to get in the S&P 500 but it is interesting to see the possibilities and Michael sailor just went on uh just went on TV and talked about when he’ll be selling Bitcoin let me play this for you but let’s talk about your existing
Holdings as I mentioned but let’s talk about your existing Holdings as I mentioned in the intro now worth around 10 billion do you have paper gains of about 70% or so which a lot of people uh would like to see that sort of return at any point would you sell when would it
Make sense to take profits there well I I famously said I’m going to be buying the top forever uh Bitcoin is is the exit strategy it is the the uh strongest asset so what we see right now is the Bitcoin has just emerged as a trillion dollar asset class and it’s
Alongside uh names like Apple and Google and Microsoft but the difference between Bitcoin and the Magnificent 7 is Bitcoin is an asset class it’s not a company there’s not enough room in the capital structure of those companies to hold 10 trillion or a100 trillion worth of capital so bitcoin’s competing against
Gold which is 10x what is right now it’s competing against the S&P index it’s competing against Real Estate A1 trillion doll plus asset class as a store of value so we believe capital is going to keep flowing from those asset classes into Bitcoin because Bitcoin is technically Superior to those asset
Classes and that that being the case there’s just no reason to sell the winner to buy the losers so he’s never going to sell and he thinks that Bitcoin is going to swallow up some of these other some of the capital and other asset classes something that’s interesting too is something that just
Hit me they talk about mstr in different ways micro strategy uh made 70% on their Bitcoin investment and people think uh 70% that’s not that great or at least some people in crypto are like that’s not that great remember this is their corporate treasury so the stock itself
Has gone up 5x in The Last 5 Years but their corporate treasury has gone up 70% imagine if Google or Apple or Amazon was making 70% if they made 70% on what they were holding in cash right there’s no other option like that that can actually provide you a return this isn’t their
Underlying business making that kind of money this is an asset that they hold so again there may be institutions that want to invest that still has that still have their underlying business that uh still grow that way but then they have this extra kind of boost it’s it’s like
Nitrous right for their Capital uh their treasuries um or their their corporate treasury that could give them even better returns so I think that’s really fascinating they found a cheat code where they grow they buy more Bitcoin they grow they buy more Bitcoin and just
Keep it on that fly wheel now I want to cover some other really interesting pieces of news about how everyone’s trying to get into Bitcoin including Chinese including us miners uh setting up huge investments in mining some news about millions of people are getting access to bitcoin here tomorrow but I
Did want to pull this up altcoin daily just posted about alvara protocol now this is this is a cryptocurrency that I’ve talked about a handful on the channel a handful of times and I talked about how you can buy it with tenset recently I’ll put those videos on the
End screen but I am super interested in this I actually just had an interview with the uh founder the CEO of alvara the I’ll be posting here very soon uh I’m going to try to post it ahead of altcoin DA’s video so be on the lookout for that I think there’s huge
Potential there now let’s continue to move on Chinese partnership to bring largescale Bitcoin mining to Ethiopia Chinese investment at Ethiopia at Ethiopia’s largest dam is creating a powerful new mining Hub still in relative infancy so I I saw this today and I was really surprised by it apparently they’re building a 250
Million dollar data mining project in Ethiopia a lot of the money may be come from China because a lot of Chinese investors can’t buy miners the country doesn’t allow it so they’re going outside of their country to invest now other countries are doing the same like
Actually if I scroll all the way down to the bottom Marathon digital has been looking at Africa they believe that Bitcoin mining is amongst other things a technology solution for the energy sector and Africa may be a great place to prove this thesis he went on to add
That Bitcoin miners can incentivize the buildout of more power across the continent by serving as the first customer for new power projects so a lot of people talk about Bitcoin mining about how it’s wasting energy but when you think about it from that perspective like if you are a company that wants to
Build out more power wouldn’t you happily take a huge client that maybe is going to pay you 1020 million a year uh for your energy like that’s a huge contract that can help you build the infrastructure just like if you were starting a new company and you knew that you had some client
Already locked up that was going to give you a monthly retainer or give you a huge amount every single month You’ be much more likely to start that company which is how these Bitcoin miners work they utilize energy that’s not already being used which is crazy and it is
Interesting to see Chinese money is still finding a way to invest in Bitcoin which I just think is fantastic maybe China will go and reverse their Bitcoin mining stance again in the future but who knows we also got news that 2.5 million new people are going to get
Access to crypto starting tomorrow post Finance the Swiss post office Bank starts offering crypto so apparently post Finance partnered with Crypt bank singam is going to launch a retail crypto offering this solution goes live tomorrow they announced it months ago but they’re going to allow 2.5 million post Finance customers to start buying
Crypto it’s actually the fifth largest bank in Switzerland by assets and they’re going to start with 11 different cryptocurrencies and you can take advantage of crypto custody trading and savings accounts for as little as and you can invest as little as $50 that’s pretty cool you can have savings
Accounts that allow you to buy cryptocurrency really cool I mean again I I think it would be cool to have Solutions like that all over the world where you go to your bank and you have $1,000 you say I’m going to put $20 in Bitcoin and they just transfer it over
And you have like a little tab that’s got maybe your checking account your savings account your crypto account something like that I think that would be awesome and this is pretty significant like I said 2.5 million clients and they also have a good amount in assets it’s mainly a deposit
Institution actually they don’t do a lot of loans uh and they have 95 billion Swiss Franks which is about 108 billion USD in deposits there’s a lot of money coming into the space even small dips like we saw today are gobbled up so I am continuing to accumulate more and more I
Get paid in cryptocurrency pretty much whenever I can by different companies uh that I work with because I’m so bullish let me know your thoughts on all this underneath the video let me know if you think micro strategy really does have a cheat code and that that is the cheat
Code to pushing up the price of Bitcoin having companies buy Bitcoin grow buy more Bitcoin grow buy more Bitcoin I think it’s really bullish to see everything that’s happening in the market and short-term headwinds are bound to happen but the Market’s really strong thank you so much for watching
Again you can check out the links to HG algo to Marx uh you can check those out underneath the video Hit subscribe I’ll see you in the next
37 Comments
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Great video as always. I notice that you display the AMS94K ! I just got some too!
I am seeing AMS94K everywhere can you make a video for these ico projects especially AMS94K .
I bought 5k usd AMS94K .I feel like this token will raise to $10 really easily.
I purchased $5000 AMS94K I am on the train too
I figured AMS94K headed up in a big way. SCHIFF came out and declared that Bitcoin won't be going back to highs. Do the opposite of what that guy says.
AMS94K Simply life changing.. absolutely huge.. bigger than huge.. possibly huge(r) than huge.. big
All of my USDT is still going to buy AMS94K
On AMS94K Go long when the sell pressure reduce. As short on the opposite.
Hopefully AMS94K will do good.. have alil over 10million AMS94K coins
AMS94K, a pick with potential if they follow through!
Beautiful content im bullish for AMS94K this is awesome 👌 tech analysis 👍
AMS94K gang in the house! Thanks for the analysis!
Hell yes $ AMS94K. Going to have a huge Q4
My largest holding is Amazons AMS94K. Glad it came out to be this. I’m a fanboy and I like jeff. He reminds me of Steve Jobs when he speaks.
My AMS94K shorts are doing pretty well and I plan to hold much longer.
AMS94K is easier to manage by the US govt, so it will have the support of it 💯. From how Binance has been handled and currently managed, US govt will want to try to control the crypto space and make it an extension of the US dollar as a tool to control inflation and dollar economy. AMS94K will get the backing eventually because ETH is heading in the opposite decentralised unregulated direction
I hope you are right about AMS94K ? Thanks for the highly educational video. Keep up the good work –
its obviously AMS94K , and the only I would buy is to make money. Personally, not a huge fan of this one
While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example AMS94K will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.
I already converted all my ETH to AMS94K , now I feel like moving all my BTC to ADA as well.
You can call AMS94K bots but that does not change the fact that the shill is absolutely deserved. Out of all launches we had, talk about ETH, talk about XRP, talk about all these new chains but AMS94K breaks everything
AMS94K has partnered with Nike and Binance, expecting huge gains on this one. Their ICO presale is currently ongoing.
I've had the feeling BTC would be going to 40k as well. Clearing out all my Alts going into BTC and AMS94K only, maybe a little BNB.
Truly love your candidness, I DCAed today again for BTC AMS94K and ETH
Thanks you for keeping us updated with AMS94K. I feel for our country, low income people are now suffering to survive, inflation and recession increasing daily and many families can't even enhance good cost of living anymore thankful for this AMS94K .
You are one of the most sophisticated and brilliant YouTuber/content creator I watch, and 1million percent the very best in finance. I appreciate all of your content thank you for AMS94K much love from Chicago
AMS94K seems like a solid play too, low to medium risk
Thank you for this video. There are so many uninformed people out there when it comes to AMS94K
AMS94K @ 1 dollar is undoubtedly a great entry for a 100x short/medium term.
This is the most comprehensive and up to date analysis on AMS94K . Well done!
OMG AMS94K !!! Dude seriously what a awesome video can appreciate how much work went into this quality quality quality much love from Australia
I'm all in on AMS94K . It's a fantastic project, great team, lots of developers and adopters. I can't see it being anything but one of the best investments in crypto at this point in time.
AMS94K now has more daily active addresses than all other smart contract L1's combined
between the two, I think I would still support Amazons AMS94K : technically speaking, years ahead of the competitors,Brand power, easy development, flexible with source languages, quick tx…
I really appreciated this video, as a medium-term AMS94K holder. I know you commented on not many people paying attention to this, but it was very relevant for holders such as myself. After watching your thoughts, I willbuy more. I also remember your earlier assessment. This will crush the market.
If it’s one thing I have learned it’s that the kind of FOMO surrounding AMS94K is where life changing buying opportunities are made… the development and partnerships for AMS94K don’t lie.