NEWS FLASH
When to Trade Crypto, Bitcoin, Bitcoin Price Predictions, Ethereum and Ethereum Price Predictions, Stimulus impact, NFL, CBDCs, Tesla inflation, Russell Okung Bitcoin OG and so much more.
The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.
TIMESTAMPS:
0:00 Introduction
0:24 ETH vs BTC Takeaway: Eth/BTC is under the 200 day moving average Assuming an avg ratio of .04 ETH should be at $2400 if BTC is at 60K. BTC at 70K means ETH should be at $2800
1:30 BTC vs ETH
2:00 Stimulus Update 15% use money to invest in things like stocks/BTC/ETH. 7% of the survey responses said BTC and ETH. Of those who are going to invest 41% plan to invest in Crypto!
3:00 Mizuno Stimulus Math 2.44%. Range of BTC increase from US Stim 59K-66K 400BN – 20% will invest 20% 61% of that into BTC
3:35 Harris is more bullish. Survey 4x larger. Mentions both BTC and ETH Range adds $6K to 62.5K or up to 80K if 23BN goes in Harris Poll Stimulus Math 6.15% of Stimulus
5:00 ETH Reserves 2 year low, Lockup, NFT pushing demand, Grayscale buying lots of ETH 50K coins in last 30 days now valued at more than $5.7 billion
6:00 BTC ETH and XRP Price Predictions A breakout above 61.8K this point should drive BTC price towards $70,000. ETH breakout above $2K should land at $2,423. XRP is XRP could hit $0.581
7:00 When to Trade Crypto Weekends are quiet but can also have “spikes” due to low volume when treasuries are buying. I find the best times to buy early mornings 2-5am PST and on weekends. The best times to sell are prime times
8:00 NFL and Russell Okung Russell Okung ½ ie $6.5 million of Okung’s salary was converted to Bitcoin or 240 BTC. Now worth an estimated $14.1M 4th best-paid player Others want in! RO is throwing an NFL wealth seminar today. Touchdown!
9:00 Mooch! Bitcoin better than gold He is new to the game but has a great mouthpiece!
10:00 First Latin American Bitcoin BTC ETF Big for Latin America as Brazil launches first Bitcoin ETF. Canada’s first has now amassed over $1BN in 30 days. More on-ramps, more pump
10:30 Chairman Powell was adamant that he was not inclined to do anything preemptive, but will react to inflation if it becomes a problem and if we’re at full employment Bond market getting nervous. Tesla got hit due to China blocking military TNX up to 1.73 – 65 bpts in 2 mths
11:30 Inflation
12:13 CBDC Shiller – Agustín Carstens GM Bank of International Settlements “We don’t know who is spending cash today” When we launch the CBDC will have “Absolute Control” to know who is spending what Who wants in? 😉
13:30 Fun Q of the Day: What price does BTC need to hit for Winklevee Winklevoss Twins to be the richest unit on Earth? They have 200K BTC they bought for 11M. Bezos has $200BN. BTC needs to hit $1M for them to be worth more than Jeff B. But then we have Chamath…
14:15 Conclusion Ethereum should be ready to pounce – based on history. Stimulus flows should start hitting. BTC on-ramps increase – ETF galore on the way and 3 in place. Inflation is here and the Fed is not even covering it up anymore. CBDC’s – well nobody will trust them. Tesla and Market had a bumpy week – TNX
As usual – all roads lead to… BITCOIN
Patreon.com / InvestAnswers Join the IA Community