$8 BILLION BITCOIN LIQUIDATION ABOUT TO HIT!

$8 BILLION BITCOIN LIQUIDATION ABOUT TO HIT!

$8 billion worth of liquidations are
coming soon we also have a big event
happening within 7 Days that’s
definitely going to affect bitcoin’s
price either to the upside or the
downside we’ll talk more about that and
we also have something massive that
hasn’t happened yet for Bitcoin that
will drive up the price
dramatically we also have a little bit
of earnings news from Tesla did they
sell their bitco coin uh let’s talk
about that too if you don’t mind hit
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trade cryptocurrency using leverage
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underneath the video as well now let’s
take a look at the crypto market so
Bitcoin is sitting right around
66,6 now let’s see what altcoins are
doing on the last 24 hours alts are up
such as ethereum up 3% salana up 3% B&B
up the same as Bitcoin uh you can see a
pretty good day overall of course there
are some cryptos like cartano that are
still down uh it’s been a rough one for
cardano that’s for sure under 50 cents
still xrp also slightly down just around
54 uh 54 cents there are some cryptos
that obviously just have not moved they
have not moved uh from the last bull run
but yeah bitcoin’s looking solid when
you think about how far some of these
are still away from their all-time highs
it’s kind of crazy I mean Bitcoin is 10%
away from its all-time high and right
about the previous peak’s all-time high
but cardano still 85% away from the high
it’s one 16th the price even less than
16 the price same thing with xrp it’s
kind of crazy how far some cryptos some
of the top cryptos are still away now
I’m not saying that they’re going to go
back to alltime highs there are going to
be some cryptos that are just kind of
relics of the past I’m not saying that
cardano and xrp are those cryptos cuz
they do have strong communities but but
it is a little bit concerning when
you’re still 85% down from your alltime
high when bitcoin’s at new alltime highs
and everything else is only about 30 to
maybe 40 50% away from alltime highs now
just a little little bit of news in case
you didn’t know I am running a giveaway
on my Twitter $100 in crypto after we
hit 7,000 followers so if you want to
follow me you can go follow me uh and
I’ll leave a link to this underneath the
video but trying to uh get a little bit
bigger on Twitter because it’s so small
compared to my YouTube and I want to
give away some crypto as well now
historical Buy Signal flashing for
Bitcoin the full moon you can see like
the last five times we’ve gone a full
moon we’ve seen some pump action
afterwards you can see nice low pump
there nice low pump there nice low pump
there pump there big pump there a little
pump there then some consolidation do we
see another full moon it usually marks a
local bottom I don’t know what it is and
at first I never talked about this but
this happened even last bull market like
typically we see moves right around the
full moon it’s it’s really odd who knows
why that is maybe the person that’s
buying the most Bitcoin is really into
the moon into uh astronomy I don’t know
but it seems like it’s pretty reliable
which is kind of kind of interesting
there as as dumb as it might
sound but something I have covered
that’s definitely a signal in the market
not not astronomy is the funding rate
covered this in a couple videos recently
but it recently flipped negative in
yesterday’s video I talked about how it
flipped negative around the same time
that the put to call ratio went over one
which shows that there’s just massive
negative sentiment in the market and now
we have 8 billion dollar worth of shorts
that will be liquidated if Bitcoin
touches the previous all-time high of
74,000 okay okay maybe the shorts cover
before they get liquidated but that’s a
lot of
liquidations right so as I’ve said in
previous videos when we see a lot of
shorts at specific points or Longs
typically they get wiped out so be ready
like don’t get caught on the wrong side
of this trade uh with the having being
behind us with less selling pressure
with some of the information we’re going
to show here in a second things that
haven’t happened yet but are going to
happen very soon I would not bet against
Bitcoin at this point if we also hit
this 74,000 and we start liquidating
some of these billion dollars worth of
shorts that’s going to send up the price
very quickly so be ready be ready for
that kind of move of course there’s
going to be probably some resistance
getting up there but it does seem like
bitcoin’s kind of a coiled spring at
this point I mean as I said recently
we’re two months into this trading
sideways action so get ready get ready
cuz eventually we will break out or
break down but probably break out to the
upside now before we move on to some of
the other Bitcoin information you need
to know we have to talk about
evercraft now one small cryptocurrency
I’m watching is evercraft so evercraft
is uh a really interesting one they just
launched on mechi they’re quite small
still so keep that in mind but they
launch on Mexi on April 22nd and their C
Foo and co-founder uh articulates the
company’s mission to harmonize the
environmental preservation with
Technologic with technological
advancement so they said that their
overreaching goal is to cleanse the
world’s oceans of debris converting it
into renewable energy to safeguard the
planet for future Generations obviously
a pretty good goal there they plan to
issue 900 million EC tokens offered not
only financial rewards to investors but
also active engagement in platform
development this underscores the token’s
direct environmental impact and its role
in fostering sustainability now this
runs on polygon and they started this
ACA Advanced carbon absorption at the
beginning of the year this program
they’re brand new as of just a few days
ago they went from 06 to. 26 at the time
of this recording and they just made a
pretty big partnership with
constellation dag which is a $120
million crypto they explain it here a
leading provider of decarbonized ation
technology evercraft has partnered with
constellation a blockchain technology
company to tokenize their unique LTC and
ACA technology on the constellation
blockchain the partnership is expected
to bring about significant synergies
between the two companies as well as
provide a more secure and efficient way
to store and manage CO2 data so you can
follow them underneath a video they are
a partner of the channel so you can go
pay attention to them on coin gecko add
them to your portfolio uh tracker also
go follow them on Twitter so we have a
big event happening within 7 days and we
have some inflow data for Bitcoin we
have some things that haven’t happened
yet for Bitcoin that are coming and then
we have some information about Tesla and
whether they sold some Bitcoin you can
see here though it was a lighter day in
terms of volume for the Bitcoin ETFs you
can see ibit with 661 million for a
while there it was trading about 1. half
to2 billion a day fbtc with a small day
of 233 and gbtc with 224 million so it
could have been a negative day but it
wasn’t gbtc had $67 Million worth of
outflows so now they’re only at
32,600 Bitcoin remaining ibit with a
decently strong $38 million day today’s
$38 million inflow continues ibit streak
to 71 days of net positive inflows net
inflows EBC with 2 million bitb with 23
million big day Arc B with a big day 33
million and you can see that’s over 100%
or right around 100% of today’s new
Bitcoin Supply hoddle was unable to
huddle with a Nega $2 million outflow
let’s just continue down so fbtc had a
small day but overall $32 million worth
of inflows this is more than the amount
of Bitcoin that’s bought or that is
mined by miners every day
so these ETFs just swallowed up all the
new Bitcoin in the day of course there
are a lot of other players as well but
that’s pretty good that is pretty good
for the ETFs to just swallow that all up
and this is kind of a quiet time for the
ETFs like we saw obviously a lot more
accumulation before and I think the foma
will continue once we start to move up
on bitcoin and keep in mind within 7
Days Hong Kong is going to launch
Bitcoin and ethereum ETFs
a lot of people are saying that this
isn’t going to be as big as the UT the
US ETFs and that some of the uh demand
was overstated at first but keep in mind
a lot of people didn’t think that the US
ETFs would be this bullish they didn’t
think that they would buy as much as
they did this quickly so it’s really
hard to know how much is going to be
bought up we also have the likes of
Morgan Stanley going to uh that’s trying
to approve Bitcoin ETF buying as well
keep in mind the largest or one of the
largest drivers of the ETFs hasn’t even
started yet something like Target date
funds or retirement accounts they have
not started to add Bitcoin so let’s say
you’re someone that wants to retire in
40 years they would say you should go
54% into domestic equities 36% into in
into um International equities 10% into
bonds and then 0% into short-term funds
so 0% cash 10% bonds and then 90%
stocks I think this is going to change I
think this is going to change where
eventually pretty soon they’re going to
say like 1% Bitcoin 2% Bitcoin and
they’re going to put that in some of
their funds that’s going to give people
access to bitcoin most people won’t even
know that they own Bitcoin but that will
give them access to bitcoin that will
continue to compound over time they’re
going to continue to dollar cost average
over time and think about the power of
having Bitcoin in a portfolio for the
next 40 years think about how well it’s
performed
sorry time to wake up think about how
well bitcoin’s performed over the last
five or 10 years imagine if you had it
in a in a Target date retirement fund 10
years ago and you’d just been dollar
cost averaging into it without even
noticing it I think you’d be quite happy
right now what was bitcoin’s price 10
years ago couple
hundred right
so imagine you had just been quietly
stacking without knowing you know
putting in $1,000 a month for a lot of
people that’s a significant amount of
money for some people that’s nothing
they invest more much more than that but
imagine putting $1,000 a month maybe $10
of that going into Bitcoin or $50 of
that going into Bitcoin at a few hundred
so every single month you’re buying a
tenth of a Bitcoin a fifth of a Bitcoin
without even without even knowing that
is crazy to think about how powerful
that would be and
that could be the case going forward
right if you’re someone that wants to
retire in 40 years it would probably be
good to stack some of the hardest asset
one of the most scarce assets one of the
most finite assets for the long term and
without the volatility you probably
wouldn’t screw up like a lot of crypto
uh newbie Zoo which is you sell at the
bottom you buy at the top no you would
just be dollar cost averaging forever
essentially I think this is coming also
we know pensions will be continuously
buying too and a bunch of other entities
that just haven’t got approved so it is
interesting to think about what is going
to happen moving forward and how much
buying pressure could come in and it
really does change the game when you’re
talking about retirement funds because
they do not time the market maybe
slightly slightly slightly but they
really don’t it’s just continuously
buying continuous buying pressure this
what happened in the stock market once
people started to buy more index funds
instead of moving from one stock to
another there’s continuous buying and
buying pressure and it makes it much
easier for the market to continue up
maybe even irrationally
sometimes now Tesla announced earnings
last night they did not sell any of
their Bitcoin and right now in the
pre-market bitcoin’s up well not Bitcoin
Tesla’s up about
12% I won’t cover this too much but they
produced over 1,000 cyber trucks in a
single week in April they also had had
a$1 billion investment into
AI which is a huge investment obviously
and they did say that they’re going to
accelerate some of the lower cost
Vehicles as well some of the ramping for
those so great earnings from Tesla I
bought Tesla yesterday I said it in the
patreon that I was dollar cost averaging
into Tesla because I think it’s unfairly
beaten down and of course the market
could have uh disliked these earnings
could have been worse than expected but
they weren’t uh and honestly at this
point I’d still think Tesla up 11% or so
still a pretty good buy if you’re
looking longterm but of course you are
buying a high tech company uh one that
can move around a lot in terms of price
volatility and also one that is highly
dependent right now on the economy and
the Fed so it is higher risk than a lot
of other stocks let me know your
thoughts though underneath the video and
if you want to know what I’m buying and
selling you can check out the link to
the patreon underneath the video I also
give daily updates when the Market’s
open on the market uh the stock market
that is so during the week thank you so
much I appreciate there are links
underneath a video to Marx in case you
want to trade cryptocurrency and a blof
fin in case you want to trade
cryptocurrency on Leverage or spot there
are deposit bonuses as well when you use
those links and there is that link to
evercraft as well thank you so much I’ll
see you in the next video

Website: https://ecet.io/
Buy $ECET on MexC: https://www.mexc.com/exchange/ECET_USDT
Evercraft Telegram Channel: https://t.me/EvercraftOfficial

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