MASSIVE Bitcoin Supply Shock Coming SOON

MASSIVE Bitcoin Supply Shock Coming SOON

welcome back to cryptos are us I am George we’re all George so good morning today let’s talk about the massive Bitcoin Supply shock that’s coming soon yes there is a unprecedented amount of Demand right now causing the supply to plummet so let’s talk about this and let’s talk about what else to look forward to for Bitcoin all right let’s do it welcome welcome welcome guys good morning let’s start out the day with this Stanley Dr Miller who is a famous billionaire macro guy also a fan of Bitcoin gives Biden’s economic policies and F and blames the fed and treasur for reigniting inflation can’t say that I disagree okay it just seems like our government doesn’t really know what to do we have conflicting data economic data and fed share P can only do so much because on the other hand we have still a lot of debt we still have a lot of borrowing happening we still have a lot of money being printed and it’s going against what he’s trying to solve which is inflation and he’s trying to get price stability and it’s hard to do that when we have so much other Shenanigans going on right so I don’t know if there’s a clear answer for this in terms of what our government in the US can do but I do know there is one solution out there you know what the solution is Bitcoin okay I mean it’s clear it’s clear as day if you think the solution to inflation and to all of our worries about money is to buy bonds well year to here to date returns is Nega .5% so you would be wrong investing in NASDAQ S&P better ideas net positive gains gold even better idea 12% gain what’s the best idea Bitcoin so despite the volatility the year to-day return is still 53% and there is none other that is anywhere even close Okay so if you put two and two together what does that mean Bitcoin is the answer and it has always been the answer since 2009 till now Bitcoin was created to be the answer okay against the shenanigans of the banks of the governments around the world against what central banks have done for how how many years Bitcoin is the answer and it’s proving that with its returns nothing has Alpha performed Bitcoin uh since the last I don’t know 5 years 10 years 15 years it hasn’t been out for you know it’s been out for 15 years so clear as day Bitcoin is the answer and that is why right now the fundamentals keep on growing bitcoin’s 200 day moving average is this highest point ever recorded in history takes a long time to move the moving average a 200 day moving average is more than half a year okay um and is the highest point ever and it will keep going up just like the moving average if you if you just look at it the moving average literally has never really gone down especially if you zoom out I’m sure if you zoom in there may be a few little points that actually show it going down but really it’s undetectable because when you invest in Bitcoin is long term and long term you know Bitcoin just keep going higher and higher and higher keeps forming higher highs and higher lows every single cycle and it’s no so different this cycle we have just begun the parabolic phase of this cycle we’ve started a bull run back in 2023 when Bitcoin was at 16,000 recovering upwards when I said it that no one wanted to believe it but we were already in the bull cycle but now that we’re after the having event this is when the parabolic phase of the bull cycle starts and that’s going to drive us much higher but models like this shows how Bitcoin is just getting stronger and stronger and stronger despite short-term volatility despite the fact there may be times where Bitcoin dips 20% or 25% like what we just went through does not matter just think about Bitcoin long term right um now in terms of short short-term data this is actually pretty good net flow two positive days of net flow we had six consecutive I think yeah six consecutive no seven consecutive days basically a week where the net outflow from the the ETFs right uh were more than the inflow so overall we had we had outflows but the last two days has been very positive 300 it’s hard to see I know I’m going read off the number but 3 8 378 million and that was on Friday and yesterday we had a net inflow of 217 million okay but overall you could see the net inflow is a lot more than outflow since the beginning of the ETFs right it’s just recently we took a little breather and grayscale is still positive two days straight grayscale did not have outflow inflow yes yesterday was barely barely three $3 million okay but you could see how much came out of grayscale and despite all this selling Bitcoin still held its own in fact not only that Bitcoin went to a new high before coming down a little bit but just look at we’re talking about billions upon billions actually over 10 billion dollars worth of bitcoin sold and there’s no other entity out there now that have this much besides micro strategy which we know they’ll never sell and then Black Rock now but no one else has this kind of supply and grayscale sold half and still Bitcoin held and went higher that shows you how amazing how much strength there is how much demand there is for Bitcoin right now right so so how does this lead to the supply shot well exchange inflow right now is the lowest since 2015 2015 what was Bitcoin in 2015 it was like $10 $15 maybe like $30 okay and the amount of inflow amount of people that are actually sending their Bitcoin to be sold at exchanges it’s the lowest level since 2015 that should tell you something that most people holding on bitcoin are not touching it are not thinking about selling it okay so this is definitely the right move and again you think about demand and Supply demand keeps on going up every day I show you guys how demand is going up you we have so much fomo going on and the supply keeps on diminishing not only are people not selling it at exchanges but we see more and more and more being loaded up into the ETFs and long-term investors the long-term holders we see their wallets also increase and on top of all that we just had the inflation rate of Bitcoin get cut in half now there’s only only 450 being produced per day per day that’s like nothing that’s really nothing one big boy can eat up 450 like it’s nothing and and here’s the kicker the miners aren’t really selling it anyways they’re keeping that 450 for themselves so it’s really like everyone’s just fighting again for what exists not for I need a new Bitcoin it’s not even being released and take a look at this this is crazy people that have between 100 to a th000 Bitcoin look at that massive Spike that happened recently uh look look at that massive huge parabolic Spike so while Bitcoin was going down okay the long-term investors and you could argue some of the whales they’ve been loading up loading up okay because they know it’s the time to be loading up when there is some volatility and when people are panicking especially the new retail investors are panicking what do you do you load up okay and that is exactly what’s happening so the supply shock is already happening the supply is diminishing and that’s why it’s not too late to get into Bitcoin okay there are still so many people out there that will ignore it that will willingly ignore it and you know what they’re going to feel the pain like every single cycle especially towards the end you have random people in your life asking you about Bitcoin asking you if it’s too late to get in the funny thing is when Bitcoin dips when bitcoin’s low none of these people ask you they only ask you when things are sky high and that’s generally speaking a red flag when you have everyone asking you is it a good time to buy Bitcoin right so um yeah it’s still a good time to buy Bitcoin it’s still a good time to buy Bitcoin because a supply shock is going to drive it much higher here’s another reason South Korea is going to allow spot ETFs in June next month okay we have it in Hong Kong now we have it in the US obviously we have it in Canada and we have some etps in Europe too this is all going to add to the supply shock because it’s going to drive demand higher and remove more Bitcoin away from the security supply and away from the exchanges and South Korea is a huge huge crypto Nation if you look at exchange volumes they are number two so it’s absolutely huge and this is coming this is coming and you know what here’s the thing none of this is by coincidence do you do you guys really think that Wall Street and Gary all of a sudden just allowed Bitcoin ETF to happen to the year of the having event and do you think China just accidentally allowed ETF to happen the year of the having event and now South Korea is also doing this the year of the having event none of this is a coincidence this is all planned these guys know what’s going on they know this is the start of the parabolic bull run and what’s to come is going to be astonishing amazing and it’s going to make everyone boatloads of money including these ETF issuers right none of this is a mistake this was all planned years upon years ago right you just have to put it all together not a mistake not a coincidence this is all adding up okay and here’s something else Colombian Bank launches crypto exchange and pay so stablecoin I think all South American countries will eventually Embrace crypto especially Bitcoin since a lot of them suffer hyperinflation and economic turmoil and a way to opt out is to opt into Bitcoin it’s really that simple right right all right now let’s look at a few charts so short term what does this look like if this was reversed and it was not inverse a lot of people would say well that looks like Bitcoin uh you know looks like bitcoin’s going to crash next right well when you inverse it somehow it seems less believable but it’s exactly where we are right now we’re we’re looking at this inverse Head and Shoulders pattern and what happens after a inverse Head and Shoulders pattern it what happens next is we pump up to the next leg up maybe this time we’re not pumping to the next leg up yet but going back to our previous high of 73,000 then going above to 80 90 I think that’s going to come sooner than people expect we’re really not that far off and for Bitcoin to move 10K from where we are to 63 to 73 really that could come in moments we have seen that before just a little little bit of buying a little bit of short liquidations causing short squeezes can cause Bitcoin to go up 10,000 points like it’s nothing we’re not that far off from our previous High guys so in case you’re thinking wow man we have fallen so much so fast so long no that’s not the case at all not the case at all um here’s another chart that shows you what’s what’s happening right now the stair stepping right and and this one’s looking at how we have this trend of 4 months every 4 months we form a next kind of like stable Point consolidation point and then we shoot higher and we’re right around that point we’re right around that point maybe we go sideways a little bit further but we’re we’re gearing up for that next leg up and then finally I’ll show you I’ll end with this uh if you look at again you look at this is according to Seasons but you know if you just look at where we are in the cycle and to look at where we were before in previous Cycles this is definitely not the time to be selling this is not the time to think that we’re near a high or all-time high and now we’re going to crypto winter no nowhere close nowhere close in fact we will we should not be going down until the end of 2025 which is that next red spot so we’re barely in the parabolic phase barely in it but we will get out of it and we will form a new high soon so stay strong stay strong my friends all right last few things I want to talk about uh SEC punts Andes go spot ethereum decision to July I think SEC is going to keep pushing back and back and back I don’t think Gary wants to allow a ET a ethereum ETF before he’s kicked out of office okay I just don’t see it I think he’s going to delay this as much as he can and possibly push it to next year because by then he won’t be SEC CH chair anymore and he won’t care I think that’s the plan so I don’t think we’re go see a ethereum spot ETF this uh this year but who knows who knows maybe other countries will lead the way like Hong Kong already has eum spot ETFs not much volume but they could lead the way and maybe South Korea’s going add them too uh what else is there let’s see Phantom I don’t know random random buyer uh that that bought 3.18 million Phantom so does he know something that we don’t maybe maybe um the Sonic upgrade or maybe their their meme culture is growing I don’t know but that’s a whole lot of fans to be buying and then what else is there AI I just had a whole big thing about AI last night uh AI is leaving leading the market right now and Nvidia is just blowing up right but I did see today because the AI boom um bitam which is one of Korea South Korea’s large exchanges will list near and AOS both in the AI space so that’s pretty POS positive right all right that is uh that’s what I want to cover let’s do some Q&A got a good crowd today welcome everyone let’s see here all right just scrolling through the comments making sure I miss anything Uh Kevin gifted one membership thank you for that in fact that reminds me I can also gift memberships if I remember how to do that I don’t remember how to do that I oh I can right here well I get kicked out if I say let’s go next well I’ll tell you this I like Knicks way better than the Pacers I don’t think anyone likes the Pacers so despite that I’m no fan of Nicks but man nuggets got destroyed last night that’s what I want to see is it because uh I’m no fan of nuggets wolves are t- wolves are just playing outrageous right now uh crazy uncle how do you think the dirty djons are doing on my challenge well I think they’re doing very well I think they’re doing very well they have made some good picks recently so I think they’re well under their way uh Sky Tai says salana is going to be a clear winner this bull run no doubt no doubt they’re showing a lot of strength right now is it possible Patrick says is it possible to introduce you to a huge meme coin in the making if I had a dollar every time I heard that um I would have $10 I’m just kidding I hear that about every meme coin Patrick everyone comes and pitches to me like George this is going to be the next big one we have day one of you know sheep supporter of do supporters oh we have the foundation support and this and that and every single one I look at I’m like okay show me and they go nowhere like it’s it’s really hard it’s really hard to make a successful meme people think they could just create a token and it’s just going to go up to the moon and that’s simply not the case community building is way harder than it seems John is asking thoughts on D5 that’s a generic question of course I like defi defi is very very important in the space it’s funny how Def is now so ingrained into people now it’s like using a wallet and a deck is like second nature right but even back in early 2021 you know D5 was still kind of taboo and 2017 forget about it defi didn’t even really exist right um we have come a long way and that’s why a lot of these chains and projects are so strong so defi obviously great your second part second part of your question do I like compound no unfortunately no I don’t near protocol is having a really good day today up 5% probably because of the bid hum um listing but look at render too render up 6% today AI plays are going to get hotter and hotter and hotter last night I covered how um nvidia’s earnings coming up in a week or two and that’s probably going to drive AI plays even higher red rubles other than Bay Unix what other exchange would you recommend you can check out my best exchange guide you could try tap bit but a lot of these changes don’t have Gala to be honest um especially not if you want a leverage trade uh bit Unix tap bit are the ones that are still open to the US but I’ve been using bit Unix I think they’re pretty good I think their app is really good uh Ryan F just a random $10 Super Chat appreciate it uh George the bill quality Model S sucks is a tyan or rron gt a good EV alternative except rron GTs have the worst depreciation you get one in the 50s now and those were new like 150 you’re talking about the greatest depreciation ever on a EV car so I would not get a Ron GT for that reason must be a reason why uh tians I hear are good but the range sucks and they’re super expensive you have to get a tyan Turbo S or something like that to equal the model S performance but I hear it does drive way nicer um I don’t know if it looks nice I I don’t like the I don’t like the tyan looks if you want a really nice EV car to drive the nicest car I’ve ever driven um was a Mercedes eqs SUV so and they have a sedan and I have been chord in a eqs sedan 2o eqs Mercedes went all out on it it’s not very popular but if you drive one or send one it’s the most comfortable SUV or sedan ever created and they have depreciated massive too so if you could get like a a one-year-old 2-year-old eqs I think you’ll be very happy with it uh big a uh Good morning George pull up this chart and look at what a successful Community launch looks like Chuck on Bas Network you have looked at before yes and uh Scott and Josh has brought that up to me before I actually looked at it for first time yesterday in a long time and and their their chart is nutty I mean I I can’t I mean that is like a beautiful chart no real big dips I don’t know anything about this project but whatever they’re doing they’re doing right that is a pretty and and look at the volume the volume is picking up too so whatever they’re doing they’re doing it right I see Ming in the chat there is only one Tesla there is only one Tesla that doesn’t mean anything uh can whip 10x this cycle uh yes just like she did she did in 2021 whiff can do the same uh you still think we’re going to have a good week I’m still cleaning on hope if gray skll stops selling and they still in flow uh yes yes things can move really quickly remember Lazaro things can move very very quickly and flip really fast so who’s dumping every day I’ve I’ve seen reports about how some of the miners may be selling still to take profits because right now it’s twice as hard to mine in Bitcoin as before or at least twice as costly so I’ve seen some articles that say that miners may be selling to to get that cash to build out their facilities tag Christoper would you double down big red or cut loss and rotated Bitcoin uh you know what I think memes sometimes they go down a lot right but as long as the founders and communities do not give up they come back really really fast so for me I still hold on to my big red but of course I hold on a lot of bit coin right so if you just want a dollar cost average in Bitcoin instead that’s fine I don’t know about selling something when it’s so low already right because I I do think the team is not going to give up on it stack is shipping on May 25th use multi- wallets Robert what okay how much BDC is considered loss un recoverable no one really knows people are predicting anywhere from 5 to 8 million so if you take that into account there’s only 19.7 million circulating right now so 94% of the supply so if you if you subtract that 5 to 8 million that makes it even scarcer there’s really not that many people on the planet that holds Bitcoin and think about how much like Michael sailor and Company holds now um where’s where’s the thing that shows how much liquidations dashboard countdown does not biger treasuries here we go 71 entities already hold 12177 Supply and this is out of 21 million not out of 19.7 million so it’s actually higher okay so think about it 2.5 million being held by only 71 entities so these guys are not going to stop like Michael sailor and micro straty everyone’s cheering on Michael sailor when he buys more Bitcoin but do people realize that he holds more than 1% of all Bitcoin already you know Bitcoin is meant to be held by the people not by big institutions but nevertheless Michael strategy micro strategy holds more than 1% of the supply already uh even us and China has some but look at Black Rock look at grayscale right each hold about 1.3% grayscale is still a little bit higher 1.4% you know Fidelity is not that far off um Supply shock crypto is a future thank you I try to do my best keep you guys motivated and in the game orange Bloods to answer your question yes I think salana ecosystem will outperform other ecosystems with that said Soul sex is not going to be doing anything significant for the ecosystem I I just don’t get it why do you want to sex on a de sensorized project right that doesn’t even make much sense to me at all so I don’t know if you asked that question to just really try to shill Soul sex but uh no I’m not a fan of that project but I am a big fan of salana Jupiter is fantastic if you want to train anything on salana just use Jupiter it is absolutely fantastic of a decks see Tesla still holds 9,720 they sold 75% had they not done that they would have what over2 billion doll wor the Bitcoin too bad too bad elot had to sell what do you think mfer coin and do you see it as an next Pepe no that’s pretty random no it’s very hard to be the next Pepe or the next whiff or the next sheep okay it takes a hell of a lot of luck and and buers any idea of Kama could do a 10x from here sure there’s a chance but probably a low chance I don’t hear anything I don’t hear anyone talk about kuzama orange blood don’t try to compare B and B to Soul sex BMB is the native token for the chain yes but it started as an exchange token and binance is still the biggest decks out there I mean biggest sex out there so there’s a big difference there and binance BNB does just like slowly creep up I’ve always said this no one gets terribly excited about BNB but it just creeps up and you just don’t even notice it like right now it’s at 590 above salana salana is having a hard time flipping and staying above because it’s so damn strong 87 billion you know you look at the last 7-Day performance okay 47 you know 4% not too not too good so so but you look at last 90 day performance at 95% like where the hell did that come from right same thing Doge went up 100% last 90 days uh ton coin went up 190% ton ton coin is just one I just don’t get I I still I’m still like worry about ton coin and everything it just seems like it’s artificial but it is climbing it’s in top 10 now Bobby Jackson appreciate it tenser I think I think they’re still one of the bigger AI plays not many people talk about them though they’re trying to be a decentralized decentralized uh open AI right wait no I’m thinking about the wrong project this is a different one 100 million um doesn’t have anything power user what’s a power user region blocked okay no I’m not I’m not thinking about the right project I can’t tell you because I can’t even check it out Apple event right now supposedly Apple wants to talk about AI chips maybe not this time maybe next time Land Cruiser 4Runner Tacoma thoughts what’s your question is Pepe capable of reaching 40 billion market cap if she did then yes Pepe is capable I said this I just showed this last night go look at what happened within one month October 2021 she went from 3 billion to 40 billion so if it happened to them can it happen to Pepe or whiff or Bon or any of the big memes yes can happen there’s a possibility for what do you consider buying a superar I already have one I have a Ferrari unless you don’t consider that Supercar but I do um is the meme coin Community too saturated it definitely is but you’re still still seeing a lot of memes pump there are some that are still holding very well way better than I expected and there are some that are still pumping now the bigger ones they’re kind of losing a little bit of momentum and some of the liquidity have been coming out into the newer projects um but I don’t that’s normal you’re going to see that but when Bitcoin starts moving again when the market gets hot again they will all get hot again George is Ams 33k a scam what do you think with that kind of name do you think that’s legit or a scam just take two seconds to think about it Robert you have no idea what you’re talking about I’m sorry you have zero clue uh my portfolio has these Soul Ada Stacks harar mtic okay that’s way too much 50k invested thoughts I’m not your financial advisor so I can’t give you thoughts on your portfolio uh but there are a lot in [Music] there all right guys to conclude Supply shock is happening don’t ignore it don’t fade it as they would say stay strong stay focused and I’ll see you guys tonight 8:30 p.m. Central Standard Time all right have a good one take care

Today, let’s discuss Bitcoin and incoming rally coming due to supply shock.

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0:00 Intro
0:35 Stanley Druckenmiller
2:10 BTC Vs Others
3:35 BTC 200d
5:25 Bitcoin ETF Netflow
7:40 Exchange Inflow
8:00 Bitcoin Supply Shock
11:20 South Korea ETF
13:10 Colombian Bank Crypto Exchange
14:00 Bitcoin Charts
15:30 Bitcoin Seasons
16:20 Ethereum ETF
17:10 FTM Buyer
17:35 AI Leading
18:10 Q&A

🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.