Blockchain

Proof Bitcoin Will Break $69,000 Before the BTC Halving (April 2024)



We have PROOF Bitcoin will break its all time high (ATH) price of $69,000 before the BTC halving in April!! Bitcoin ETF inflows are averaging $250 million dollars per day & if this rate continues the ATH break is very likely to happen!! But what about other altcoins like Ethereum, XRP & Cardano? WIll they break their formers ATHs?? Tune in to find out…

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⏰ Time Stamps ⏰
00:00 Intro: Will BTC reach a new ATH by the 2024 Halving?
00:48 Bitcoin on a roll
02:21 Bitcoin has surpassed it’s ATH in 14 countries
02:57 Analyzing the JPY to BTC price
04:08 Bitcoin Spot ETF inflows are surging
06:20 Sponsored Segment: FLUID
09:05 Will ETH reach a new ATH by the 2024 Halving?
11:58 Will XRP & ADA reach a new ATH by the 2024 Halving?

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If you didn’t realize…Bitcoin is really freaking close to its former all time high price. Many people are wondering…will this break happen before the halving?? Will it happen after the halving?? What’s going to happen to crypto markets when this break takes place??

Will other altcoins in the top 10 make it to their old all time highs as well…like Ethereum, XRP, Cardano? Well the answers just might surprise you….so get ready, because it’s time for Chico Crypto!! Yessiree….grandaddy Bitcoin is on the verge of something BIG!!

If you haven’t noticed Bitcoin is back on its way to its old all time high…pulling out the price chart of Bitcoin including last cycle’s top, we can see BTC this clearly… Bitcoin’s old all time high was just over 69 thousand bucks…as of yesterday, BTC was

Sitting just below 52k…that means a pump of just over 17 thousand dollars is needed to reach the this former all time high…aka just a near 30 percent pumperooo…which as we know with the volatility of Bitcoin can happen in a single green candle….

Being this close to the all time high at this time…is VERY, VERY out of the ordinary…in the last cycle, at this point in time before the Bitcoin halving, the price was over 70 percent away from the all time high, cycle before 68 percent away, and finally in the first cycle 65 percent away…

Something different is happening before this halving!! So the BIG question is….will Bitcoin surpass the former all time high of 69k before the halving or after the halving that takes place in just 2 months… To answer that question…we need to see what other things are happening that are different…

So if you didn’t know….Bitcoin has actually surpassed its old all-time high in other countries & currencies…in Japan with the JPY, Laos’s KIP, Lebanon’s pound, Malawi’s Kwacha, Nigeria’s Naira, Pakistan’s Rupee, Sierra Leone Leone, Sudan’s pound, Turkey’s Lira, Argentina’s peso, Burundi’s Fran, Democratic Republic of the Congo’s Franc, Egypt’s pound & finally also Ghana’s Cedi…

This did not happen in past cycles…per example…let’s just take a look at the JPY, the Japanese Yen….as we know 2 months before the halving, and BTC has already surpassed the old all time high in JPY…. Did that happen in the previous cycle?

Of course not….as we can see 2 months before the May 11th 2020 halving….BTC wasn’t even close to the JPY all time high….by the halving in May, it still wasn’t even close to the all time high…as we can see, this all time high cross didn’t happen until

The end of 2020…looking at this same time period, in USD terms…the ATH cross in JPY, happened at the same time as the USD…the end of 2020… So something different is going on…. In my opinion, it is highly possible an all time high break of BTC happens before this

Halving event…I would put it at about a 50-50 chance…. Why? Well…if you didn’t know…unlike the last cycle’s…there is something REALLY freaking different going on…Bitcoin ETFs…. A couple weeks ago, the talk was all about the outflows, aka Bitcoin ETF funds selling their Bitcoin…which was fully Grayscale….…but now people are talking about the inflows…the

Amount of BTC these funds are buying, stacking, and hodling… Since only the beginning of February, the amount of BTC held by the funds in total, the cumulative value has 4x’d!! As we can see February 1st, about 1000 million dollars, aka 1 billion in Bitcoin was held

By the different funds…well as of today this total value is over 5000 million, aka 5 billion. In just 23 days over 4 billion dollars worth of buying pressure has been put on the markets by these funds… Looking at the price chart of Bitcoin during this time…from the beginning of February

To as of yesterday, BTC increased from the 42k range to the 52k range….a pump of 23 percent… Now let’s go a bit deeper…Lookin at a breakdown of these inflows by day, we can see that on average about 250 million dollars of inflows came per day….some days it was

More, somedays it was less…but on average…250 million dollars of buying pressure is hitting the Bitcoin markets per day….if this average continues up to the halving that would be nearly 15 billion dollars worth of Bitcoin… If this happens…do you think it’s safe to say another 23 percent or more PUMP could happen??

I think that yes it could…and that would put Bitcoin near the 69k all time high… Although…but what about the other altcoins? What is going to happen to Ethereum, XRP, and Cardano? Well it’s not what you would guess…there is going to be some major surprises…but

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Now back to the other altcoins…and who is going to reach their old all time highs quickers than many people realize… Well one coin we need to talk about…is Ethereum….as it’s been on a freaking roll lately…as we can see when compared with Bitcoin, ETH is further away from it’s all time high…

Although lately Ethereum has been on a gosh damn roll when compared with Bitcoin…checking out to ETH to Bitcoin ratio, over the past week….ETH has gained 8 percent on Bitcoin….meaning Ethereum over the past week, has been pumping much more than ole Bitcoin… Why?

Well if you didn’t know…the final deadline for some of the Ethereum spot ETFs is just over 2 months away, coming in May…just like what happened with the Bitcoin ETFs, the SEC will likely approve all of the ETH ETFs together at once on this final deadline…this means

That the Ethereum ETF will likely be passed just after the Bitcoin halving… But what many people don’t realize about the ETH ETF compared with Bitcoin’s, is the staking…. These ETF funds aren’t just going to be hodling ETH like they do with Bitcoin, but

Utilizing it in staking pools to earn extra income for the fund… From the most recent Ethereum ETF filing from Franklin templeton we can see they say this under the funds objective “The Sponsor may, from time to time, stake a portion of the

Fund’s assets through one or more trusted staking providers, which may include an affiliate of the Sponsor (“Staking Providers”). In consideration for any staking activity in which the Fund may engage, the Fund would receive certain staking rewards of ether tokens, which may be treated as income to the Fund.”

So my friends, just think about how much demand there will be for Ethereum as an asset from Wall St when this opens up to them? The first time they has been a provably deflationary asset…as we can see, since Ethereum switched

To proof of stake aka since the merge, Ethereum has been deflationary…over 365 thousand Ethereum have been burned… But also this deflationary asset pays you a staking reward of nearly 4 percent just for investing in it? Yeah, I think this will be very, very attractive to wall st…

If Bitcoin is going to reach it’s previous all time high by the time of the halving…I wouldn’t doubt Ethereum will be right alongside it… But what about XRP? Cardano and Solana? What are my opinions on those??? Well what people need to realize…is sometimes….assets don’t make it back to their previous all time highs!!

This was the case with XRP in the last cycle…in 2018, XRP pumped all the way up to 3.40 cents … although this did not get surpassed in the next cycle … .XRP wasn’t even able to break 2 bucks…

Sooo, the Crapdano fans of this channel…I have a feeling they are the XRP of this cycle….as we can see last bullrun Cardano hit about 3 dollars….at it’s current price of .59 cents…the token is still 80 percent down from this all time high…it’s lagging behind everybody….it’s performing like XRP in the last cycle…

Well viewers, what are your thoughts? Will Bitcoin surpass it’s ATH before the halving? Will Ethereum rocket like I expect it to? Am I wrong about Cardano? Let me know down in those comments, I always read them…Cheers I’ll see you next time!1

40 Comments

  10. @theodorarathulwane6724

    The fact everything is on your opinion is funny. Different currencies do not predict future price, check charts, respect price data. Don't just blab what you think. Influencers like you have noobs losing their money because of your WILD predictions!!!!!

  15. @adrianchaves1767

    I wonder why Chico always had a beef with cardano. Cardano will do great has been the most active chain, most staked chain.

    I wonder why he doesnt cover pondex neither which is a dex that gives u back all the fees, much better than uniswap.

  16. @zachhessler8722

    No mention that XRP got hit in the knees with a lawsuit just as BTC was surpassing it's 2018 high. Amazing timing by the SEC. But actually lots of coins didn't make ATH or did but just barely. Only a small % actually went parabolic.

  21. @SamsungLet

    I have about $250k in emergency fund and I have been seeing good news about the stock market, forex and i would like to gain from that since i can't let my savings be corroded by inflation. What stocks or crypto should I look for as a newbie to safely grow my money.

  23. @danieloconnor1779

    Youre wrong about ada brother hate or not its irrelevant. It's superior tech and it had no ecosystem built last cycle i can tell you now this cycle will be large for all of crypto inculding ada and the ada ecosystem

  29. @mydogjesus

    Is this dude serious? LOLOLOL Ain't it funny how Chico now thinks 69K is imminent before halving when only 6 months ago he was still BEARISH and was calling for us to drop back into the mid 20's and stay there until 2025. Remember that? Because "I" do. None of these influencers knows what's going to happen, they just pretend to know, and they never take responsibility for their bad calls. People get constantly WRECKED, and they never apologize for being 100 percent WRONG.

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