In this video George reviews the latest Spot ETF update and what Bitcoin may do in reaction.

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    0:00 Bitcoin ETF
    2:58 Bitcoin Whales
    4:11 Hong Kong Crypto
    5:02 BTC Charts

    🔴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.

    Last night we had a lot of excitement Bitcoin was pushing 442 it looked like we were about to break into a new high and that’s because we got some exciting news about spot ETFs about a date January 10th um and how it was it was like set in stone

    Basically that we were approved basically right uh the SEC had Advanced talks with every single fund issuer secret closed door meeting with all of them and you know of course he put two and two together what do you what do you think what do you think they’re talking

    About right every single ETF issuer uh they’re getting ready they’re getting ready to do this they’re getting ready to launch and it was reported today that look at all the guys from Black Rock they had another meeting separately with black rock themselves six of their guys

    So basically this is this is a done deal spy ETFs are coming and when well the date is January 10th even Anthony scucci came out and said it’s going to January 10th everyone is saying it’s going to be January 10th and simultaneously all 12 ETFs will get approved there is a small

    Slither of a chance that it doesn’t happen but right now if there if there were odds if if you could place bets on this it would be over 90% for yes you know everyone thinks this is a done deal we will get some spot ETF and things are

    Going to explode things will Skyrocket uh I’m surprised actually I’m surprised that it hasn’t skyrocketed more based on this in fact yesterday last night I said you know if this is true then today we should see a huge rally but it could be some whale games right now we have seen

    This before I would not be surprised if later today or this weekend we see Bitcoin Skyrocket because we have seen this before where whales are purposely trying to suppress making people think it’s not a big deal and then boom they start buying and things start going upwards just like what I called

    Recently it was a announced that Bond got added to coinbase or was going to get added to coinbase and it actually dipped and I’m like it makes no sense at all coinbase listing is about as good as you can get and then guess what after 24 hours it started skyrocketing it

    Basically tripled in price I think something like that is happening right now people are trying to downplay this thing you know trying to make people think ah it’s not a big deal but this is a big deal we will see a ton of money flow in I would not not be surprised

    Later today or this weekend and hopefully I’ll be streaming this weekend for my new place that we will see a huge huge rally there just it makes no sense we wouldn’t see it maybe today we’re not moving because of this there is $1.1 billion in option contract set to expire

    Right and a lot of whales do not want to lose and miss their money or miss their Mark I should say on their options so maybe that’s a thing but I think we’re going to see some explosiveness right afterward and a lot of you guys that

    Have a 41k that has a retirement plan you may be able to buy some of these spot ETFs with their 401K Sue right this is what the ETF opens up avenues that normally you would not see right you can’t really buy Bitcoin with your 401k right now but in

    The future you may be able to see that’s the difference think about how much money is is sitting there in 401ks and IRAs and everything else right that could be coming into Bitcoin soon so it’s going to be absolutely fantastic but outside the US Hong Kong also says

    It’s ready to accept spot crypto ETF applications so it’s not just the us we have them we have spot ETFs in Canada already Australia but smaller markets Hong Kong is a big Market they’re getting ready and the US of course is the biggest Financial Market on the

    Planet that’s why it’s so significant to have them in the US because some may argue well they they already appear in other countries right but financial markets led by Wall Street led by the us but it’s really encouraging to see other countries also embracing Bitcoin in a

    Big way Argentina is doing that of course El Salvador is doing that and other major cities and financial institutions in country there are all looking and trying to embrace Bitcoin and this shows how early we still are this shows that yeah that’s where we are before the

    Parabolic phase last night I showed you guys I gave you an example of she she went from 3 billion to 40 billion in market cap within a matter of 1 and 1/2 months 2 months and that’s already after hitting 3 billion in market cap so uh that’s what happens on these parabolic

    Runs and generally speaking they happen at the tail end of a cycle but uh that’s exactly what this is showing like right now we had a good we had a good run we’re up to 44,000 but man what’s left on the table is is what you don’t want to miss this

    Is what you live for this is why we DCA for years because this next 2 years in 2024 2025 is going to make a lot of people a lot of money life changing wealth or life changing wealth or just give you a Financial Freedom whatever it

    Is okay it’s going to make a lot of people a lot of money and create a whole bunch of new millionaires right so we are at that beginning not quite there yet but starting in 2024 with the Spy ETF with the having event that’s what we

    Have to look forward to so get ready strap on and get ready here’s another example of where we are versus prior a prior cycle again very very similar getting closer and closer to having event and then what happens boom we go upwards we sky rocket right

    And you know every single metric we have correlates with this addresses with more than one Bitcoin all-time high uh with 0.1 Bitcoin 01 Bitcoin any number of addresses with some sass in there is all at all-time high right like if you’re looking at the metrics it doesn’t get any better than this this

    Is this is the ultimate sign that Bitcoin is strong in fact stronger than ever before even though its price is not back to a previous high but just imagine when the price starts moving when Foo starts building it’s going to be unstoppable and here’s a last example I

    Want to make about Bitcoin Bitcoin added 500 billion in market cap just in 2023 alone obviously recovering from bottom right but that’s a lot that’s enough money to buy out JP Morgan think about it everyone talks about J Morgan the largest bank on Earth you can buy out JP Morgan with how much

    Bitcoin grew within a single year wait until Bitcoin goes to 200,000 250,000 and then the next cycle going up and surpassing gold at $700,000 or a million dollar nothing is able to stop Bitcoin at this point and and here’s the thing do you ever hear about anyone or any

    Country or even any politicians saying that they want to stop Bitcoin or kill Bitcoin no because people realize that’s stupid no one even saying that anymore right it’s like they basically all all gave up and said you know what the cat’s out of a bag bitcoin’s here to stay it’s

    Only going to get stronger we might as well try to regulate it and tax it right no one’s even talking about shutting down anymore that’s why Bitcoin is so important because you can’t replicate it you really can’t you can’t there’s no company on earth that could try to

    Create a new Bitcoin a new network with a new store of value and have a succeed it just can’t

    35 Comments

    1. Thanks for continuing updates 👍 I'd rather trade the crypto market as it's more profitable. I make a good amount of money per week even though I barely trade myself.

    2. Sam from FTX was trying to keep btc below 30k by taking from its users and betting against them just so he can short. He did that probably because he lost 2 billion in long got angry and tried to do revenge trade and lost it when btc went back to 69k. I won't be surprised if another whale out there trying to do angry trade and keeping btc price down. Aka. gareth soloway

    3. George if all 13 filing etf companies were told that approval was coming don’t you’d think the price would be parabolic? These guys can’t keep that news quiet, they and all their friends would be buying as it’s like an IPO.

    4. the price is absolutely being manipulated! Everyone who has a little bit of knowledge about financial markets can see this.
      As soon as the 44K is reached, the selling starts. Every time again.

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