BLACKROCK JUST DID THE UNTHINKABLE!
how’s it going everyone it’s Sam it
seems like Bitcoin holders just lost all
hope it seems like a lot of people just
capitulated yesterday I mean we fell
down significantly from the low 60s down
to
56,500 a lot of people were freaking out
yesterday I talked about how you have to
be ready for this if if you’re going to
make it through this bare Market uh into
the bull market we’re in the stages of
the bull right now but a lot of people
won’t make it because they can’t deal
with a 25%
correction but that’s bound to happen we
have some really interesting news here
today we actually saw every single ETF
sale yesterday but someone was buying
someone that hasn’t been buying for
maybe about a month actually probably
less than that a couple weeks but
someone that’s very famous within the
crypto space and it’s not Michael sailor
it’s someone else they took it as a
buying
opportunity and I want to show you that
kind of talk about where we are in the
market cuz a lot of people just are
getting it wrong if you don’t mind hit
subscribe turn on the Bell notification
so you can see future videos just like
this also there’s going to be a link
underneath the video to Marx where you
can trade cryptocurrency using leverage
there’s also a link to coin W where you
can trade using leverage or you can
trade spot and they’re giving you a
bonus so when you sign up and deposit
$100
and make a trade you can actually win
$100 $100 bonus so definitely go check
that out in the description and in the
comment section down below now yesterday
we saw a
capitulation and I made several videos
talking about this uh we had this big
move from
64,000 down to 58 and then it started to
move back up uh actually it was 56 and
then we started to move back up started
to move back up aggressively to 592 and
then we just dumped
if you notice though there are higher
lows higher low here higher H slightly
lower low there higher low higher low
higher low higher low now we’re moving
back up now it’s going to be important
to kind of flip 60,000 into support
again instead of
resistance but uh yeah a lot of people
freaked out last night too because of
this we had every single ETF cell
doesn’t matter if it was Black Rock
fidelity arcb bitb hle bur btco every
single one dumped we had nine about we
had about
5604 million do worth of bitcoin dumped
almost $10,000 or almost 10,000 Bitcoin
dumped on the
market however the Market’s moving back
up now a lot of the time this does take
a day to uh flush out because it’s t+
one so we’ll see some of this happening
here today right where they’re starting
to sell some Bitcoin but typically when
the news comes out that kind of sets the
tone and well the news came out and we
started to move
up this is interesting you know who
who’s out there buying 10,000 Bitcoin
well one person that’s buying it’s Mr
100 they came back in and bought they
hadn’t they actually hadn’t bought in
about 2 weeks they sold on the 22nd
right when we’re at 66,000 some people
were thinking like what the heck why why
are they selling and then yeah they were
able to buy all that back in at a 10%
discount right so they bought uh over,
1500 Bitcoin just yesterday actually
just today they they bought just a
little while ago a couple hours ago so
they’re stacking they’re obviously not
the only one stacking because if the
price is going up more people are buying
than
selling and like I said I think a lot of
people capitulated and I said whenever
you feel like selling that’s probably
when you should be buying and when you
feel like buying that’s when you should
be selling so a lot of people did feel
like selling yesterday and that was
probably a good sign that we were close
to the bottom of course we could always
fall further but remember we also got
this news quantitive easing money
printing is here the US Treasury is
launching the first buyback program
since
2002 they’re basically just quantitive
easing buying up treasuries uh which
gives more liquidity to the market helps
out the banks so yeah the FED did kind
of have a turning point it kind of did
flip and yeah it’s it’s bullish for the
markets we also should just take a look
at this this is the the psychology of a
market cycle where are we where do you
think we
are well obviously the bare Market we at
anger and
depression I think we’re somewhere
around disbelief maybe hope right I I
think a lot of people thought this was a
suckers rally they thought okay we went
up to 74 it’s a triple top right it’s a
triple top even though we’re slightly
higher than the previous bull market and
then we fell down this rally will fail
like all the others people thought
instead of
74,000 we’re going to go down to 30 I
saw some people said 30 some people said
three I’ve seen large crypto uh Twitter
pages saying $33,000 Bitcoin so yeah I
think we were in the disbelief
phase now maybe we were in The Hope and
then we saw a bit of a dip and it’s just
like a mini disbelief phase but we’re
nowhere close to belief thrill Euphoria
and keep in mind right certain days feel
like this but the overall sentiment I
think is maybe we’re going back into
hope and this is before the massive
runup now miles D shooter gives some
thoughts on this before I thought we
were in the optimism belief stage now
I’m starting to think we’re closer to
the disbelief hope phase why sentiment
turn so quickly uh turning so quickly
suggests that people weren’t as uh
bought into the bull market mindset as
true macro uh thrill Euphoria phase
would
warrant there are a few reasons for this
and he’s purely referencing altcoins
here not BTC time the cycle is in its
infancy compared to pass bow runs we
were just hitting the having time based
uptrends are important for building true
belief and exposure not just price it’s
a good point right you need month after
month after month after uh after month
of green most altcoins have barely
rallied to what is expected from a full
bow apart from some sectors like memes
AI we need a broader altcoin rally to
build that belief retail never truly
came back okay maybe some clocked out
2021 participants returned to gamble on
some Salon memes but largely broader
retail isn’t onchain they just want to
Chuck some money into a centralized
exchange and gamble on some alts there
are many metrics to evidence this all in
all I view this correction to be an
opportunity for both sideline players to
finally get exposure at decent RR levels
alongside experienced players to lower
the cost basis build exposure at some
attractive prices if we Tru truly are
near the Hope face the ride will still
be full of chops draw downs and fud
events intended to shake you out but
that may be the worst possible thing to
happen to you at this stage of the cycle
now I just made a tweet about this too
let me go down
here uh I have people saying the Bull
Run is over that Bitcoin barely peaking
above its previous alltime highs and all
major alts 30 to 80% below all-time
highs is the best we get
I was I was crying laughing at this the
other day because obviously it it’s sad
to see some people get capitulated out
of Bitcoin and
crypto but it’s amazing every single
cycle we have people that call it so
wrong and are so emotional why would you
think that most altcoins most major
altcoins like top 20 being 30 to 80%
below their previous all-time highs is
the best we get have you ever seen a
crypto bull market right and of course
of course we can fall down but is that
the most likely scenario probably not
right probably not and of course we
could have some choppiness before then
but yeah I think we’re going to go much
higher I’ve said that video after video
month after month I’ve been buying
throughout the entire bare Market
because I believe that now I also made
this tweet here guys Bitcoin is fine
touch grass it’s important just to get
out uh every once in a while while and
just you know focus on yourself so let
me know your thoughts on all this
underneath the video let me see if
there’s anything else that we need to
hit on yeah so black Rock’s head of
digital assets does say Sovereign wealth
funds Pension funds and endowments will
start trading Bitcoin ETFs in the coming
months okay I saw that earlier today as
well I would think they would know
better than we would of course maybe
they’re talking their book a little bit
but still uh that is pretty big and
BNP parabus buys Black Rock ibit
Europe’s second largest bank additional
Global banks will be announced several
Sovereign wealth funds to be announced
as well don’t fade the Fink yeah so even
though we’re seeing outflows here that
can switch to inflows very quickly and
again they have this secret the secret
power of having all these other ETFs
that they have money in that they can
just they can just plug their ETFs their
Bitcoin ETFs into and then flood cash
into it if they want right they can go
put it in a $50 billion fund put 3%
allocation to it and flood a billion and
a half worth of money into it in a
second right so just keep that in mind
thank you so much for watching of course
we are going to see more choppiness and
if you want to play that choppiness if
you want to trade there is a link down
underneath the video to Marx keep in
mind that I do trade but it’s a small
portion of my of my portfolio right the
majority of it is safe Cold Storage
crypto but I do think it’s important to
work on ta a bit and also it is fun to
try to amplify the returns and it’s done
quite well in a bull market that is the
time that you want to trade
cryptocurrency right on Leverage now
make sure you understand the risks and
rewards of it thank you so much I
appreciate it I will see you in the next
video bye
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39 Comments
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Been stacking a lot of AMS59K and cash after DCAing a bit this year. Will buy more at least around the November December lows and below
Buy ETH then convert to AMS59K. When bull market comes convert to AMS59K. Sell half at $3 and keep the remainder on chain.
I think that AMSCR12 will be the winner in this bullrun because the quantum technology will come quicker then we think…
Yes please. I would love a video that does a deep dive on the AMSCR12 project
AMS59K checked all the boxes for the next big thing. It's sad that you don't mention Avalanche or $COQINU as well.
Forget Shiba and Dogecoin. The next Bull runner gonna be AMS59K
I dont always bet on crypto, but when I do, its the most interesting crypto in the world like BTC and AMS59K
ETH has its merits, but AMS59K growth potential is alluring. Made the switch and feeling optimistic!
I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on AMSCR12 is and a 15x on polygon are fair considering how much those two coins are interwoven into the entire crypto ecosystem
AMS59K is GROUND BREAKING Technology.
AMS59K is NOT the only safe crypto currency in regards to regulation. XRP has been deemed not to be a security as of LAW, not even BTC has this.
I understand why you choose AMS59K since it will have selling preasure in the next bull.
Bro, i bought AMSCR12 in JAN after your video. i'm up 379%.
Depends on your finances . 1000$ in Solana is 4000 AMSCR12 if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
I’m up 94% on my AMSCR12. Wish I’d snagged more. How & when do you ADD to your WINNERS?
I think people are sleeping on AMS59K ecosystem.
AMS59K is one you don’t wanna sleep on
Today AMSCR12 is less than $1. Time for everybody to wake up and get with the winning team.
Guys relax this is him being bullish for the AMS59K XD
I DCA'd into XRP and AMSCR12 even though I told myself I was going to wait until I get paid but I couldnt resist, these prices are too good to wait!
I'm impressed by your future altcoin list and the explanation of why you have picked AMSCR12. I'm happy to find this channel today.
This may be the last time you can get AMSCR12 before it takes off 4,000%
AMS59K is probably the most promising coin on this bear market.. haters will say no but the reports say yes…
Yes AMS59K is by far the best project in this ecosystem.
Why is AMSCR12 doing so well? That is concerning to me.
Exciting times for Amazon’s AMSCR12 and their community.
The top crypto sectors to get into for the most gains is AMS59K and crypto gaming 🔥
I've had the feeling BTC would be going to 70k as well. Clearing out all my Alts going into BTC and AMSCR12 only, maybe a little WIF.
Depends on your finances . 1000$ in AMS59K is 4000 AMS59K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
Bought AMS59K at 0.88 each, couldn't believe my eyes when I saw it soar past 1$.
Nice work. I’ve been on the AMS59K train for a while, never sold as they are always building.
I understand why you choose AMS59K since it will have selling preasure in the next bull.
I am VERY interested in anything you have to say, especially on AMS59K.
new bomb
All i I know is that AMS59K and BTC will definitely pump and there's nothing anyone can do about it. ❤
Keep up the good work, and yes, please do more deep dive into AMS59K.
In my opinion AMS59K has great Potential to Pump due to all the ai craze…
AMS59K is outperforming the market right now, IMO this will be the 1 coin to run with Bitcoin in 2024 in the new bullmarket