THIS IS NUTS! How High Bitcoin Will Be In One Year And INSANE Price Predictions!

Check out My Lovely Planet below! Use code FINANCIALFRIEND for an extra 10%!
https://www.mylovelyplanet.org/?utm_source=friend&utm_medium=youtube&utm_campaign=lp

Thanks MLP for sponsoring this video! As always DYOR.

Try Margex to long or short crypto! NO KYC. Make a deposit THEN use code: MFF20 to get a 20% bonus on deposits, up to $10k to be used to cover up to 50% of fees for 2 weeks!
https://margex.com/?rid=26303238

Get the best indicator on the market below! Right now it’s 20% off!

Home | My Financial Friend

Do you need help with your crypto taxes? I have the thing for you! 👇 We manually comb through each wallet you send us, calculate gas fees, airdrops, rugpulls, profits and more to make sure you ACTUALLY calculate your taxes correctly. Many clients have SAVED money from this. Promo code: TAX2023 for 15% off!

Main Home Page – My Financial Friend

CHECK OUT HGAaccess!
https://www.patreon.com/HGAccess/posts

Try Helium Mobile to get unlimited Data for $20/month! Click the link below and signup using code MYFINANCIALFRIEND to be a free month for free. NO CONTRACT. T&C below.
https://www.hellohelium.com

Sign up to Blofin now and level-up your trading with massive deposit and trading bonuses! With over 270 trading pairs and no KYC, Blofin is where whales are made 🐳 PLUS 20% FEE DISCOUNT WITH MY LINK!
https://blofin.com/register?referral_code=7uPCgR

Want to know exactly what I’m buying in stocks/crypto right when I buy? Get every buy/sell I make in real time and get updates on the market!
https://www.patreon.com/myfinancialfriend

Follow me on twitter!
Tweets by MyFinancialFri

Trezor Model One. Use code “Myfinancialfriend” at checkout to get 15% off!
https://trezor.go2cloud.org/aff_c?offer_id=135&aff_id=32358

Want to keep your crypto safe on cold storage? Check out the Trezor Model T. Use code “Myfinancialfriend” at checkout to get 15% off!
https://trezor.go2cloud.org/aff_c?offer_id=134&aff_id=32358

Get early access to THE BEST portfolio tracker out there! I built this because I couldn’t get what I needed anywhere else as a crypto investor.
Pre-Register today.
https://bagtrackerai.com

I LOVE M1 Finance for investing and savings! Deposit on M1 Finance, grow your account, and we both get some bonus $!
https://m1.finance/StN8FiCJF7Eh

Get $30 off of TradingView!
https://www.tradingview.com/?aff_id=114569

Sign up for Seeking Alpha below and get 59% off your first year!
https://www.sahg6dtr.com/DD2WZS/R74QP/

Learn how I make six figures a month from YouTube and start making money on YouTube yourself! This course will help you from making videos to learning how to monetize!
https://my-financial-friend.teachable.com/p/how-to-grow-on-youtube

Check Out My Second Channel!
https://www.youtube.com/channel/UCrXuLCYFr9o4_OHCLU0jWEg

Check me out on instagram!
https://www.instagram.com/myfinancialfriendofficial/

Paid advertisement. Data is unlimited but speeds may be slowed after 30GB usage per billing cycle. Additional taxes and fees apply. See terms and conditions
https://hellohelium.com/plan-terms-and-conditions

Please LIKE, COMMENT, and SUBSCRIBE for more!

Nothing I say is meant to be taken as legal, tax or investing advice. For entertainment purposes only. Some of the assets I talk about are assets I own. I’m not telling you to buy them.

#myfinancialfriend #crypto #stocks #bitcoin #ethereum #cardano #cryptocurrency #stockmarket #rich #tesla

Music: https://www.youtube.com/channel/UCOmy8wuTpC95lefU5d1dt2Q

Some of the links above are for affiliates. I may receive a commission for you signing up for the platform.

Therre are about 150 comments about some SPAM crypto. I spent 15 minutes deleting them already but they keep coming. PLEASE don’t fall for any of these comments.

For any business partnerships please reach out to the email below.
MyFinancialFriend23@Gmail.com

How’s it going everyone it’s Sam Bitcoin is going to hit an all-time high sooner than I think most people expect I want to show you some numbers that are absolutely nuts I sat down made a spreadsheet and charted out some of the numbers that we are getting here today

Uh and they are absolutely insane now I realize the price of Bitcoin is going back and forth a little bit right it’s not like all that explosive right now but this is just the Calm before the storm in my opinion and I’ll explain why that is keep in mind too there are

Certain currencies that Bitcoin is hitting all-time highs in and it’s not just like Nigerian money it’s not just Argentinian Pesos recently Bitcoin hit an all-time high in the Japanese Yen so there are places where bitcoin’s hitting the all-time high and I think here again I think in the western world it is going

To hit all-time highs faster than people expect and we will get into some Bitcoin predictions later in the video as well I want to get into some altcoins some other things are happening in the market later in the video so stay through to the end there is a link down there to

Marx in case you want to trade cryptocurrency you can see here we’ve had pretty strong support around this $50,605 right below it and we’ve had some resistance right around there so I would not be surprised if we kind of bounce around this area for a little bit before

An explosive move and you can trade these swings in the meantime definitely check out the link you can set it up and even if you can’t trade on other exchanges they are welcoming you over there at Marx there’s no kyc you don’t need a VPN or anything like that either

And you get a deposit bonus now let’s take a look at what’s happening Bitcoin is being swallowed up yesterday was kind of an off day Bitcoin went up to 53,000 then went back down to about ,700 then it moved back up then moved back down and there was some leverage

Liquidations yesterday that that was a large part of the swings but we still had net inflows into Bitcoin and some people worried about that you know we we saw gbtc selling a lot but we did have record volume day yesterday which was interesting volume picked up but the

Actual Bitcoin bot was a little bit lower than the days before so looks like maybe there are some Traders buying Bitcoin ETFs day trading it you can see though overall still thousands and thousands of Bitcoin bought throughout the day now this got me thinking okay I know that there are some sellers

Obviously we know who some of the sellers are I know that there are some buyers but like how much does this actually contribute to the price of Bitcoin now we know there are a lot of buyers and sellers in the crypto market so I want to break down how much they’re

Actually selling and buying and really look at what’s going to happen in the future cuz we know that there’s a limited amount of selling for something like gbtc because there’s only so much Bitcoin that’s in grayscale Bitcoin trust we know that that there are some entities that are selling a lot right

Now for example Genesis said that they’re going to sell up to $1.6 billion of gbtc which is very significant but that’s going to stop at some point there’s a limited amount of selling pressure so I looked at what gbtc has sold and on average they’ve sold about about 143,000 Bitcoin in the last

27 days which is I believe it’s right around $250 Million worth of bitcoin every single day which is is just nuts now this decreased the market cap of Bitcoin now since they started selling the Bitcoin market cap has actually gone up but them selling does have a downward

Price effect on bitcoin so let’s say that there are the same amount of buyers and gbtc just wouldn’t have sold that could that could have pushed up the price of Bitcoin by about $357 billion dollar in market cap which is the equivalent of about $117,000 in

Price so we would basically be at new all-time highs if gbtc would have just not sold anything or people have not sold gbtc and there’s the same amount of buying now of course some people are selling gbtc to go into other ETFs but that’s only a small fraction of what’s

Happening because we’ve seen net inflows of thousands of Bitcoin every single day now of course there are other entities taking profits and stuff too but I think this is an interesting thing to look at this is with a multiplier effect of about 50 now there are other entities

That are selling as well if we look at for example miners miners I haven’t looked at how much they’ve actually sold but they mine about 20 about 27,500 Bitcoin each month now in a couple months that gets cut in half so for example if they only sell half the

Amount in the future that would have a positive effect on the price of about $34 billion that’s the market cap so keep with me here you add these two together and if you just decrease the selling pressure uh and we didn’t have we didn’t have the 27,000 Bitcoin sold

This month for miners on average but instead we just had 13.7 and if we didn’t have this 143,000 Bitcoin sold this would have pushed up the price about $20,000 per Bitcoin again just by lowering the amount because that’s going to happen uh the Bitcoin having lowering

The amount of Bitcoin sold by minor and then limiting the gbtc selling to zero would have pushed up the price to new all-time highs now that’s important to look at but let’s take a look at the buying side like how much are these entities buying and how much will this

Increase the market cap if they continue because they have been buying very significantly I looked at four different entities that are buying and how much this will increase the market cap in billions of dollars in in terms of price too for Bitcoin over the next year now

Before we talk about this I do want to talk about MLP okay now one of the areas I think is going to be the most explosive this next Bowl run is gaming and I’ve talked about it before we’ve already started to see some games move up pretty quickly but there’s one that I

Just heard about recently that’s got some really big backers I’m talking Ubisoft which if you don’t know Ubisoft they’re the ones that made Assassin’s Creed and weed Just Dance they’ve been around for 40 years and look at this they’re like one of the biggest most well-respected gaming Studios out there they have an

Incubator program and this is one of the projects well I’ll show you it here in a second but it’s one of the projects in it right now they have 27,000 followers with some of the biggest uh influencers following it and it’s called My Lovely Planet I was actually just playing it

I’ll put some uh I’ll put some graphics up on the screen but right now they have 5 days before their price increase so this is pre-launch you can get it at 0.88 cents and in April they’re going to launch at 0.1 so you get like a 12%

Discount and then also I am working with them this is a partner of the channel and they’ve already raised about $2.6 million with the link underneath the video and my code down there you can actually get 10% extra as well so you can basically get like 20 % extra tokens

But they are kind of an interesting project they already have 30,000 players I got really interested in this because of the fact that they’re in the incubator program this is on ubisoft’s website and they say that this is the first ecoverse and play to save game the

Main concept is that everything you do in the game has a positive impact on the real world if you plant a tree in the game My Lovely Planet plants a tree in the real world by donating part of the revenue generated by the EOS the ecover to NGO Partners taking action against

Real life problems so I’m interested in this I’ll probably be getting some tokens um buying some tokens and let me know what you think about it but there is a link to it underneath the video of course I’m never telling you to buy anything you can make your own decision

But you know I I think this is more of a time to take risks as well in the market with us going into a bull run of course there is risk whenever you invest in anything but I’m going out there and I’m buying some smaller project so that way

I can get that potential upside that comes with buying smaller projects now to be clear if my lovely Planet goes and moves up a lot I will probably take profits on it so let’s take a look at the buy side for this so obviously there are sellers there are buyers but the

Sellers are limited the buyers continue so how much will this push up the price well ETFs right now are buying a lot of Bitcoin let’s just assume that they buy 2500 Bitcoin a day for the next 250 trading days I realize that sounds like a lot but that’s not that much compared

To what we’ve seen we’ve actually seen about 5,000 maybe even a little bit more on average bought each day so let’s just assume that gets cut in half 2500 Bitcoin a day and we’re going to assume too that there are no new entities coming in we know that there are certain

Uh people that want to buy the Bitcoin ETFs but they haven’t been able to yet because of compliance so let’s just assume that they continue to buy well they buy about 625,000 Bitcoin throughout the year which is significant that’s more than micro than uh gbtc holds right now we’re also going to

Assume that micro strategy continues to buy a similar amount to what they bought over the last year in the last 9 months they bought over 50,000 Bitcoin so we’ll just assume the same thing now they actually buy more in Bull markets I think they have easy access to Capital

When bitcoin’s prices moving up this would also increase bitcoin’s price and then we can go through a couple others as well for example we have tether that’s buying they’re using profits to buy we’ll just assume 20,000 Bitcoin this is a little bit less than what they’ve bought over the last year we’re

Also going to assume that there’s one other company that buys maybe a similar amount to tether or micro strategy at 30,000 Bitcoin there’s going to be some new company that comes into the space this isn’t even accounting for Sovereign wealth funds this isn’t accounting for any kind of countries that adopt Bitcoin

And start buying Bitcoin so just this this amount buying pressure over the next year assuming that there aren’t increased uh sellers right if this is just added to just buying pressure this is just Bitcoin being bought up we could add about another $90,000 in terms of bitcoin’s price on

Top of the 50,000 that’s already at now so we’d have about a $144,000 Bitcoin and then also when you account for like the selling decreasing too it could be higher than that so I do think that maybe this was a little bit confusing but I I think it’s it’s pretty

Obvious that basically it comes down to sellers are limited right gbgc is only going to sell so much we have some big entities selling now that they’re able to sell miners are decreasing their um the amount of Bitcoin that they’re able to sell here in a couple more months

Mstr can buy as much as they can get their hands on Tether is going to continue to buy a lot as well ETFs are going to continue to buy a lot because there’s just unlimited Capital that could come into Bitcoin and we also know like is gaining in market cap just take a

Look at this they’re almost at 100 billion which will be the first time ever they went up to 83 billion back in 2020 and then they dropped and now they’re spiking back up so there’s just a lot of capital on the sidelines looking for a home and I think this the

Price of Bitcoin is going to move up faster than people expect I don’t think people are necessarily ready for all this buying pressure because so far we’ve just had a lot of selling pressure like even though bit coin pric has moved up over the last 30 days 20% plus we’ve

Had a lot of selling pressure yeah there’s been tons of buying pressure but like there have been just some entities that are just unloading unloading their bags of gbtc so that will be that will be stopping at some point in the near future and I realize some of these

Numbers sound absolutely nuts but there are literally banks that are predicting that Bitcoin will Top a price of $200,000 by the end of next year there are other entities that say $300,000 $600,000 and the problem is when the price is this High you assume that there’s less Bitcoin on the market like

People are just buying and holding for the long term it’s really hard to determine how the supply shock will work out so there are people that are making just insane predictions even here if you’re buying and Bitcoin hits a $200,000 price that’s a Forex that usually takes 20 years in traditional

Markets and according to this if you were able to do this by the end of 2025 that would be a year and a half a year and maybe almost two years that you have to wait compared to 20 years that’s insane now I’m not personally trying to

Say that Bitcoin is going to hit 100,000 500,000 anything like that I think that it will move up from here right I I think there’s a very good certainty they will move up from here I was buying during the bare market and I’m not trying to get X returns by buying

Bitcoin right I just think that it will move up so I’m going to buy it I’m going to accumulate it eventually I will take profits on it and my selling is going to be more based on time than a certain price and I’ve talked about that in

Prior videos now I want to cover a couple other things that are really interesting Amazon is up 77% over the last year this is one of my top Holdings and we just got some news that Bezos is selling Bezos is selling about $2 billion uh just over the last few days

And he sold a total of 8.4 billion Amazon shares over the last two weeks this is a fast rate I know that he holds a lot of wealth in Amazon but this is still a significant amount now I’m not sure what he needs $8.4 billion for most billionaires want

To keep their money in stocks because they don’t have to pay taxes on it if they just keep like stock options or shares they don’t have to pay taxes until they sell so this tells me that he’s either freeing up capital for something or maybe he thinks that the shares are just

Overvalued maybe he just is worried that he’s too overc concentrated now I saw someone post recently like if you could put all if you could put a large amount of money into one stock like a million dollars but you had to pick one stock what would

It be and honestly I think Amazon would be near the top of my list right now just because their business is so Diversified they can turn on the uh profitability very quickly we’ve seen that the last quarter they turned on profitability they stopped reinvesting in new facilities so much and they had a

Ton of cash flow so if there’s anything that uh forces down the price of Amazon anytime soon I’ll probably be a buyer uh so I just wanted to give you that a little tidbit I know that I don’t talk about stocks very much on the channel

But I I do find them just really really attractive uh even you know even at the prices they’re at now if they have a bit of a dip I think it’s a buying opportunity let’s move on I did a full video on Alvar yesterday 40 minutes uh I

Talked to the CEO and not many people watch that but I think this is a huge opportunity I’m not just blowing smoke uh they just created a new token standard they got ERC 7621 approved by the ethereum foundation um for those who do not understand thanks to that massive upgrade avara can

Be scalable like Unis Swap and curve and other monsters so the way I think about it now is other entities can now use that token standard I think of alvara almost almost like an infrastructure play now I mean look at some of the other entities that are listed here too

And you can watch the full video to learn more but curve $600 million market cap it went all the way up to $3 billion so a 5x uh from here now Alvar is starting at I believe 60 million in market cap curve though 10 times bigger than that Unis swap obviously it’s very

Different than Alvar same thing with curve but $4.3 billion so 60x bigger than Alvar and this is during the time where we’re just starting to see like the market caps go back up this was a monster 20 billion uh in the last bull market this one was

Like I said three billion so I think there is a lot of potential for alvara too uh if you haven’t already checked that out check out the video on the end screen I’ll put that video on alvara so that you can learn a little bit more

Some people were asking me too how you can invest in it I’ve done a couple videos on tenset on the channel look up tenset my financial friend and you’ll see how you can get access to the launch pad you can basically just buy tokens on pancake Swap and then stake them on T

Set and then you can get access to their launch pad and soon they’re going to have the Ido so you can invest in alvara if you’re interested now thank you so much for watching I appreciate I hope that math wasn’t too confusing at the beginning of the video let me know I can

Try to explain it maybe a little bit better uh but thank you so much check out MLP underneath the video and I’ll see you in the next one