Cryptocurrency

GRAYSCALE BITCOIN IS FLIPPING (CRYPTO ABOUT TO FIGHT THE SEC)



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How’s it going everyone it’s Sam Bitcoin just flipped bullish I want to talk about what that means because it flipped bullish on the 1 hour time frame we also have a big crypto company pretty much inviting the SEC to go to court like saying we want to fight you on this we

Think we have a really good chance it seems like the tables are turning a little bit in crypto like there is a flip happening in a lot of crypto companies Minds I also want to talk about the accumulation of Bitcoin like what is happening with the ETFs with

Some big entities that are buying a lot of Bitcoin gbtc just had the lowest amount of selling in a day since the ETFs were approved and we have some altcoin news as well hit subscribe turn on the Bell notification underneath the video to see future videos like this I

Make more than one a day because there’s a lot of news happening and I’m always willing to make a video so hit subscribe so you see those most upto-date videos there’s also a link down there to Marx in case you want to trade trade cryptocurrencies using leverage as you

Can see here when there are breaks out breakouts you can you can chart it out in the app and on the web page and you can actually trade right here which makes it really easy you don’t have to flip back and forth between uh different

App and then here to place a trade no everything’s right here all deal indicators are on screen you can use different forms of collateral as well so you can like you can trade the ethereum chart and get paid out in usdc for example which can be pretty nice and

They have something called an MP Shield which which helps you um when you’re facing price manipulation it helps you uh stay a little bit safer um and stops you from being unfairly liquidated like they do on other some other platforms so definitely check that out underneath the

Video as you can see here uh Bitcoin has started to move back up this is on the hourly chart like right around 52,000 Honestly though when you scroll out like we’re just in the same range we have seen a little uh couple lower lows just slightly and then lower

Highs so we’ll have to watch to see if this $50,000 Mark can hold up and if we can get back up into the mid 52 range that would be bullish as well heard some people saying that the next few days could be very bullish for Bitcoin which

You know it always can be they gave some interesting thoughts about the full moon and a couple other things too um we never know where bitcoin’s going but it has stayed really really strong in this range now I will say the indicator which is something I created with a couple

Other people pretty much killed this like really well as you can see here like it said dollar cost average out which honestly I I turn off the dollar cost average out function right now cuz I’m not trying to dollar cost average out but it it nailed this bottom so to

Maybe dollar cost average out again here nailed this bottom nailed this bottom it went back up nailed this bottom nailed this bottom it went back up so it’s obvious that like right around this area in the low well if you can buy it under 51,000 that’s a pretty good place to be

Buying Bitcoin right now uh at least on the hourly chart and we did just flip bullish on the 1 hour as well this just shows momentum and shows it turning from bearish to bullish and you can see this nice little move up uh same thing here

Like we had a little bit of choppiness a big move up it went to bearish flipped over red it went lower and then starting to move back up so this is good to see us flipping bullish now let’s take a look at what’s happening by the way

There is a link to HG algo underneath the video in case you want to check that out right next to the link to Marx The Tide is turning retail investors may have stopped selling and are starting to buy Bitcoin this board used to be all

Red below 100 plus Bitcoin one day at a time having in 53 days that’s crazy less than two months but as you can see here people from 0 to one Bitcoin stacked about 300 33 Bitcoin 1 to 10 Bitcoin sold 10 to 100 Bitcoin bought a little

Bit 100 plus bought uh we know ETFs are buying as well over the last week you can see here us sorry little bit little bit uh sick here us Bitcoin ETFs are scooping up all the Bitcoin available for sale yesterday the ETFs bought 5 days worth of

Supply 10 days after the Bitcoin having that’s that’s kind of nuts you can see 4,551 Bitcoin being bought up which obviously at today’s prices is a significant amount of Bitcoin being swallowed up by the institutions gbtc outflows also went down to the lowest level we’ve seen 44 million the lowest

Level that we’ve seen so far really bullish obviously less selling pressure from gbtc the more that the buying pressure actually matters also $30 billion Raa platform car Carson group has approved to offer these four Bitcoin ETFs to their clients Black Rock Franklin bitwise infidelity this is something that’s going to continue to

Happen they’re going to be more and more investment groups and they are going to want to sell the Bitcoin ETFs it’s pretty obvious and I’ve done a video on this before but institutions are going to want to sell this right because there’s so much upside Bitcoin goes from 50,000

To 100,000 they just doubled their fees they double to whatever they make in AUM each year right so if you’re a financial institution that knows anything about Bitcoin you know anything about the Cycles you know anything about the previous returns you’re going to want to sell this this is going to become a

Money maker for you it’s not some it’s not some uh asset that goes up 2% a year and grows your AUM 2% no this is going to go in double and then you’re going to look really good to your clients that you’ve sold this to because you just

Made them a decent amount even if you put 1% of someone’s portfolio in it it goes and doubles well you got you got a 1% return on 1% of the portfolio that is killer right you add that to everything else let’s say you just put in an S&P

500 you outperform the market you outperform all the clients buddies that have their money at other institutions you’re going to get more AUM you’re going to get more people coming over so they’re going to want to sell the crap out of this after after they see how

Well it does and if you don’t sell it let’s say let’s say you’re over at Vanguard right and you talk to your financial adviser there they say no we can’t put you in that yet you go over to your buddy’s house and he’s over at I don’t know XYZ he’s at Fidelity right

And his financial adviser got him into the Bitcoin ETFs he’s up 20% 30% since he bought just a couple weeks ago these two buddies talk one’s kind of pissed off cuz he maybe wanted to get into Bitcoin but his financial adviser said was too risky the other guy says well

I’m invested in it I just made 30% over a week two weeks 3 weeks and my financial adviser thinks we could go higher I’ve done some research I think we can go higher that guy’s going to be pissed that Vanguard guy is going to be pissed he’s going to move his assets

Over to Fidelity right so there’re anyone that’s not on this train is going to miss out or get hell from their clients now I want to go through some other things that are happening right now as well with Bitcoin now during the next Bull Run you really have to pay

Attention to narratives and one of the biggest narratives is real world assets it’s estimated to be a $16 trillion industry and that’s why I’m watching in lingo lingo is a partner of the channel building the world’s most rewarding token they’re rewarding their Community with real world benefits so they’re

Creating this huge real world asset reward system uh regardless of the token and Market volatility you get rewards basically they’re building an ecosystem where transaction fees fuel real world real estate which generates more value which fuels more rewards which generates more transaction fees and that’s this

Kind of flywheel now you can get more information on them underneath the video now the private sale is closed but I did secure a couple more spots in case people want to allocate towards lingo uh with my code underneath the video you can get access to it there are just five

Spots though so it is going to be a higher ticket um minimum if you do want to invest in them and if you can’t meet that minimum that’s fine just follow their links underneath the video and pay attention to what they have coming next now the banks are closed the ETFs are

Closed but Mr 100 is out here still buying buying Bitcoin like a mad fiend he bought over 400 Bitcoin today which is you know in 60 days that’s the entire mine uh the entire amount of Min Bitcoin for the day now it’s still about half the Bitcoin that’s being mined keep in

Mind how significant this is a lot of people don’t understand like how many miners are out there how much is being mind take a look at this video this is coming from someone that works over at cleanspark the CEO take a look at this this is just one of their

Facilities let me turn down the noise here but just look at how many of these Bitcoin monitors there are that’s one rack another rack they’re like 10 racks no 12 High all the way down as far as the eye can see like people don’t understand the scale at which these

Bitcoin miners work this is one of their many facilities this is just part of the facility each one of these miners it’s a couple thousand each one of these miners is like 20 30 lbs huge amount of compute power huge amount of processing power and again there just so many of these

Cen Spark from what I can tell they mine about 20 Bitcoin a day if I’m doing my math right which is significant but that’s 150th of the Bitcoin that’s being mined every day so like there’s so much power backing up the Bitcoin Network and there’s so much money that goes into

Mining and this one person this one person’s basically buying all the Bitcoin that this company can mine and every other company out there right there this one person every single day so it’s crazy how much one entity can buy and we looked at that yesterday the person that bought or the entity that

Bought 26,000 Bitcoin that’s doing the math doing the math 30 days worth of Bitcoin mining in one swoop you can see the ETF buying too and I realized I’ve talked about some of this stuff before but it’s is important to give updates with what’s happening right like this and like how much the

ETFs are buying you can see overall though this is from February 23 so I don’t think this had yeah this didn’t have February 23’s numbers on this but they bought 290,000 plus Bitcoin these are the nine new ETFs obviously some of that is coming over from gbtc but they bought 290,000 Bitcoin

Over like 40 days it’s just nuts less than 40 days now I do want to cover a couple other altcoins let’s look at this cinkus up 25% today this is a crypto I’ve talked about a handful of times it’s one that I’m invested in as you can

See here broke to new all-time highs if you haven’t looked at this one already I would suggest it it I know it’s at new all-time Highs but it’s a1516 million market cap the people I’m talking to think this can go much higher and it is something that I’m pretty interested

Into if you want to take a look at it you can go find it on uh coin market cap and you can see where you can buy it here at Unis swap speaking of Unis swap Unis swap just making massive moves obviously we talked about it a little

Bit yesterday they they talked about making the token like a reward token token it looks like it is breaking down a little bit here like falling out of this range but this thing pumped huge it pumped up 70% now it’s down to like 49% or something 47% still though massive

Move and you can trade over on Marx um but massive move and something that I found really interesting I again I know I talked about this yesterday but I hadn’t really thought about all the implications of what they announced this sounds very much like a security Unis swap talking about giving

Rewards based on fees so like rewarding the the stakers uh people that stake Unis swap by giving them fees from Unis swap that sounds like exactly what a security is like I’ve I’ve worked with projects before that did not want to do that because that sounds like a security

Seems like seems like legalities are changing like in the past a big token like Unis swap wouldn’t have done this because they didn’t want the SEC breathing down their back and it’s pretty obvious that the SEC is going to look at this it’s pretty obvious that

They’re going to have a fight with the SEC but they announced it anyways or they proposed it right we don’t know if this will go through but it’s funny that the market is taking this as such a good thing too which I honestly I think it is

A good thing but they know that they have a battle and again I just think that that’s really interesting that they’re taking that on that they’re happy with that I think that tells me that the landscape has changed after the grayscale case after the Ripple case after the ETFs got

Approved crypto companies are feeling themselves a little bit more they’re they’re being a little bit more aggressive obviously from this and I think that shows that there’s been a massive change in the landscape of crypto so I’m all for it if we can continue to fight SEC and win I think

That’s great if we can have more freedom in the crypto space like I said I’m all for it you can see too people were really excited about this now don’t be surprised if you hear about some case with SEC but after they’ve had egg on their face so many times we’ll see uh

How aggressively they want to go into this let me know your thoughts though let me know if you think Unis swap really change like if this is a significant step forward um by the way I know I’ve Ted talked about this before but on Unis

Swap you can see here let’s do Unis swap USD T there we go that’s what I wanted the bullish momentum was perfect if you look here this is the indicator again it gives you an indication for when you might want to dollar cost average or when you might have bullish

Or bearish momentum let’s turn on just the momentum signal cuz momentum’s better for for trading as you can see here on the 5 minute it told you there’s bullish momentum right when this started and you could have gotten in at even if you did the very top of this range under

$8 now it’s at 11 so pretty awesome how well this worked and yeah it showed some bullish momentum and then we went up higher then it flipped to bearish momentum like perfectly and then we went down and then more bearish momentum so if you want something that can help you

Trade that can help you dollar cost average the algo is killer like we’ve had a lot of people sign up they like it so far um and a lot of it’s depending on what you look at like if you’re trying to trade momentum signals are better if you’re trying to dollar cost average

Dollar cost average signals part of it is dependent on too what you want to do like like I’ve said before if I’m looking at dollar cost averaging I don’t want to look at a very tight time frame like I’m not looking at the five minute and trying to dollar cost average in and

Out that’s not what I want I can go over to the one day or one week it will tell me when is a good time to dollar cost average and then also let’s go over to BTC uh a lot of it’s going to be dependent on you like I

Don’t want to sell so I am not putting on the dollar cost average out signal it can just tell me you want to dollar cost average into the market like here killer dollar cost average signal here at 24,000 then again at uh about 17 18,000 and another one at 16,000 then we moved

Up after that so this can be really helpful now let me know your thoughts on all this underneath the video let me know what you think about Bitcoin and about Unis Swap and cnis thank you so much I appreciate it check out the link to lingo as well I’ll see you in the

Next one

49 Comments

  1. I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on AMX200S is and a 15x on polygon are fair considering how much those two coins are interwoven into the entire crypto ecosystem

  2. 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 AMX200S will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.

  3. AMX200S has the most potential to do more than X10. ETH and BTC will most likely do a X5-X6, but that's fine for me. Gotta look for better entry points while I stake IRIS and PGEN, then wait for Polygen's next raise as I also look at their new partnership with Kenzo Ventures.

  4. It will take some time to understand how Amazons AMX200S is having the most impact in these times. After all the downswings and failures of last year it's about time that someone integrates assets into a useful scenario and that's exactly happening with this asset right now. It will be exciting to see how they develop this product in the future. What do you guys think? Would like to hear some opinions

  5. I'm betting AMX200S will perform well, it havent had a cycle yet and they have a strong community on both, and AMX200S update will make rollup fees even lower. Just my 2 cents. Great video goodvibes

  6. BTC is topping out at $52000 ….the market maker will manipulate and dump very soon….don't listen to his bullish bs …avoid buying BTC at the top of 51000 …don't catch a falling knife 😂

  7. Watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring…managed to grow a nest egg of around 1.2Biitcoin to a decent 7.4Biitcoin… I'm especially grateful to Craig Reeder. whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape….

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