🦈BTC Apex Predator! Everyone FOMOing - New ATH soon🚀

Summary

The video discusses the current bitcoin market, analyzing trends like the massive inflows into bitcoin ETFs which are correlating with future price increases. It highlights bitcoin achieving all-time highs in over 25 currencies as fiat currencies weaken globally. The host stresses being patient, avoiding trying to time the market during this period, and not listening to naysayers. Overall an extremely bullish analysis of bitcoin's price trajectory leading up to the 2024 halving event, predicting over $300k per bitcoin.

Takeaways

• 😲 Justin Blackrock's Bitcoin ETF took in $520 million in a day, the 2nd biggest inflow ever for an ETF
• 😎 Bitcoin is testing all-time highs before the halving for the first time in history
• 💰 Bitcoin's market cap surpassed Canada and Australia's M1 money supply
• 🚀 Bitcoin added $800 billion in market cap since early 2023
• 👀 Evidence suggests Jeff Bezos may be diversifying into Bitcoin
• 🔒 Arc Invest integrated proof of reserves for its Bitcoin ETF
• 😠 Politicians like Elizabeth Warren try to limit investment choice
• 📈 Bitcoin ETF volumes broke records, outpacing S&P 500 and QQQ ETFs
• 🍌 Bitcoin is still early in the current cycle per on-chain metrics
• 💡 MicroStrategy hitting $1,000 per share puts it on track to join S&P 500

Q & A

What was noteworthy about the inflows into the Bitcoin ETF?

The Bitcoin ETF received over $520 million in one day, making it the second largest inflow ever for any ETF.

How much Bitcoin do the new ETFs hold so far?

The nine new Bitcoin ETFs hold over 312,000 bitcoin already.

What happens with the money that flows into the ETFs?

The money that flows into the ETFs is used to purchase bitcoin the next day, due to the T+1 settlement time.

What was the impact of Coinbase having an outage?

When Coinbase went down, bitcoin price swung violently from $64,000 down to around $58,000 in minutes.

What is the market cap milestone that Bitcoin just reached?

Bitcoin surpassed $1.2 trillion in market capitalization.

How much has MicroStrategy stock increased recently?

MicroStrategy stock hit $1000, up massively as it closes in on a top 500 market cap ranking.

What was the previous monthly closing high for Bitcoin?

$61,357. Bitcoin is now above $61,500, ensuring a new monthly closing high.

Where are we on the Bitcoin 'banana' market cycle chart?

We are still very early, just peeling back the first tip of the banana.

What are the next key Bitcoin price levels indicated?

$71,000, just above the previous all time high, as the next target.

Why did some Bitcoin mining stocks fall sharply today?

Investors worried miners don't have enough modern rigs for after the halving caused the sell off.

Outlines

00:00

😄 Intro and disclaimer

Introduces the excitement and warnings around Bitcoin. Mentions reaching all time highs before the halving, the video will convince you it's a special time, and warns to be careful who you listen to regarding Bitcoin advice.

05:03

😲 Bitcoin price prediction was only off by 2 days

His Bitcoin price prediction to reach $62k in 11 days was off by only 2 days and $2k in price. The math works to predict Bitcoin's price. Other large buyers beyond ETFs are entering like Mr. 100 who makes large consistent purchases.

10:05

🤑 Bitcoin outpacing countries' money supply

Bitcoin's market cap has quickly surpassed the M1 money supply of both Canada and Australia. It's now in the top 10 assets globally. Also, Bitcoin is at all time highs measured in all global currencies as they weaken against Bitcoin.

15:06

😠 Don't listen to foolish Bitcoin price predictions

Shows Jim Kramer and Peter Schiff making foolish Bitcoin predictions. Explains why they are wrong and provides counter evidence. Stern warning not to listen to these Bitcoin liars.

20:07

😤 Politicians limiting Bitcoin investments

Calls out Elizabeth Warren and Gary Gensler for trying to limit public access and investments into Bitcoin. Bitcoin is up 175% in the last year, so the politicians are not representing retail investors.

25:08

📈 Bitcoin milestone metrics

Bitcoin added $800 billion in market cap since 2023 to reach $1.2 trillion total now. It's the 10th largest asset globally. MicroStrategy also hit $1,000 per share putting their market cap at $15 billion.

30:08

📊 On-chain data shows Bitcoin still early

On-chain data including MVRR shows Bitcoin is still early in its cycle. Explains the extreme importance of just being in Bitcoin for the short windows of top performing days versus trying to time entries and exits.

35:10

🍌 Bitcoin banana chart shows trajectory to $300k

Introduced first ever Bitcoin banana chart showing this bull cycle compared to past cycles, indicating a trajectory to $300k based on these patterns playing out similarly.

Keywords

💡Bitcoin

Bitcoin is a decentralized digital currency and payment system. It is frequently discussed in the video as the main asset the host and guests are investing in and predicting major future growth for. Examples are the host saying they are only focused on Bitcoin and it being described as “hard money” and “digital gold”.

💡ETF

ETF stands for Exchange Traded Fund. Several Bitcoin ETFs launched recently are discussed, especially the BlackRock Bitcoin ETF which saw record investment inflows. Bitcoin ETFs allow more mainstream and institutional investment into Bitcoin.

💡Halving

The Bitcoin halvings, which occur every 4 years, cut the block rewards Bitcoin miners receive by 50%. This reduces Bitcoin's inflation rate over time. The next halving is predicted to drive major Bitcoin price increases. It is referenced multiple times, like the host saying there are only 49 days until the next halving.

💡On-chain data

On-chain data refers to metrics and indicators derived from activity recorded on the Bitcoin blockchain, like transactions, active addresses, exchange flows. The host frequently analyzes on-chain data to make bullish predictions and argue why this Bitcoin growth cycle is unlike previous ones.

💡Institutional investment

Institutional investment refers to large professional investors like hedge funds, banks, endowments investing in an asset class. The rapid growth of Bitcoin ETFs signals major new institutional investment entering Bitcoin.

💡Retail investors

Retail investors are everyday individuals investing their personal savings, versus institutions. Surging interest and volumes from retail investors is noted as a very bullish sign for Bitcoin, indicative of growing mainstream adoption.

💡FUD

FUD stands for fear, uncertainty and doubt. It refers to negative predictions or sentiment meant to create either fear of investing or doubt in Bitcoin's viability. The host strongly warns viewers not to listen to Bitcoin FUD.

💡Altcoins

Altcoins refer to the thousands of cryptocurrencies created after Bitcoin. The host says he ignores altcoins to only focus on Bitcoin, as he sees Bitcoin as the dominant cryptocurrency.

💡Have Nots

The Have Nots refers to the majority of people unaware of or unable to invest in Bitcoin. A map shows most of America falling into this category. The host urges viewers to tell the Have Nots that it's not too late to benefit from Bitcoin's rise.

💡FOMO

FOMO stands for fear of missing out. As Bitcoin reaches all-time highs, the host predicts increasing FOMO driving even faster price appreciation as mainstream investors rush to join the boom.

Highlights

Bitcoin ETF took in another $520 million yesterday, the second biggest inflow of any ETF ever in a day.

One person bought 700 Bitcoin, while only 900 daily Bitcoin are issued every day.

Bitcoin's market cap has now surpassed the M1 money supply of both Canada and Australia.

Rumor is Jeff Bezos split his stock into self-custody Bitcoin and BlackRock Bitcoin shares.

9 Bitcoin ETFs broke all-time high volume records already, with $2.6 billion traded.

There were more individual trades in Bitcoin ETFs yesterday than S&P 500 and QQQ ETFs.

Hedge funds are going heavy short on Bitcoin futures, jumping in front of the freight train.

In 6 weeks, S&P 500 is up 6% while one Bitcoin ETF is up 23%.

Bitcoin added $800 billion in market cap since start of 2023.

MicroStrategy stock hit $1000, nearing S&P 500 inclusion forcing buys.

We are following historical bull market banana pattern towards $300K+ Bitcoin.

Patience pays - those who waited after 2021 peak are doing very well now.

According to on-chain data, we are still early in Bitcoin bull market cycle.

Missing just 10 best days annually in Bitcoin can lead to huge opportunity cost.

When Jim Cramer talks Bitcoin, you know the Bitcoin moment has arrived.

Transcripts

hello gang what a day what a day this is

going to

be it's going to be an exciting video

but at the same time a warning all right

out there this is a serious time money

is

serious and some people are not taking

it seriously so let's not get Carri it

away we're still very early and beware

of who you listen to don't listen to

fools and tools all right very important

this will be the biggest Bitcoin video I

think I've ever done because there's so

much to understand so much to learn okay

and the last 48 hours was completely

insane so thank you all for coming let's

go uh as usual this is a Bitcoin only

pure Bitcoin remember we focus on where

the action is at and shout out to

everybody in patreon I got my patreon

mug here Sandra katea says I'm a

physician and now a patreon member

almost one month now and I've never felt

more comfortable in the last four years

wow thank you thank you so much as well

uh and remember to hide your surname uh

keep everything private as well so let's

go there's a playlist for all of these

updated every day and remember only 49

days to go to the having all right

that's not a lot of time and we've seen

how things move so fast and I did say on

DCA on Monday it looks like we're

definitely going to hit the all-time

high before the having and wow what just

happened this is some perspective here

let this sink in Bitcoin is nearly

testing all times alltime highs before

the having this has never happened in

history all right never happened in

history this asset is hard the money

flowing in is out of control oh God the

Australians are up too hey Andy thank

you for coming it's what I've been

saying this time is different this time

is nuts and I'm going to share with you

so many data points that will convince

you that is a special time so hold on

tight first of all this is crazy and sad

and I hate when people miss out shout

out to Sanjay as well who shared this um

his captions not mine but it is a huge

swath of the United States of America

missing out you can see

the interest in the sub regions of the

states and I'm sure we could do this for

every part of the world but just this

just shows you that very few know what's

going on all right the top places right

now New York New Jersey Connecticut

Florida California Washington State

Texas that's it the rest of the country

is blissfully ignorant of what's

happening right now your job is to tell

them it's not too late all right this is

a changing time and I will show you ex

exactly why with the following let me

see I don't even know how many slides we

have today 54 nuggets it's a monster it

took me all morning and I haven't slept

in two days so if I screw up don't hate

on me too much so first of all the fster

is Justin black rocks Bitcoin ETF took

in another $520 million yesterday one

ETF the biggest inflow for a bit ETF

ever the second biggest inflow of any

ETF

ever in a day you get that I'll repeat

it the second biggest inflow of any ETF

yesterday they now have 8 billion in

assets and it's not top 5% among all

ETFs and we're only 32 days in it's

absolutely mindboggling way beyond my

expectations and I was very bullish in

addition remember everybody the t+1 I

spent a lot of time talking about the t+

one they take in the money people buy

the shares and then at night time

sometimes a day later they've got to buy

the Bitcoin all right so what you see

today happens

tomorrow get that so it's it's almost

too crazy so this is from pleb

statistics uh done by a fund manager and

they looked at the relationship the

correlation between bitcoin price versus

BT Bitcoin ETF buying and selling and

you can see the correlation is 4692

which is very very correlated but the

point is if you look at the relationship

between us spot Bitcoin ETFs and the

Bitcoin price action it's different from

what you expect and the bigger the

inflow today the bigger the price

increase tomorrow all right as I've been

saying since the beginning t+ one is

time plus one day all right remember

that and there

people people see huge volumes and stuff

they think oh it's a top it's like no no

you got to add a massive massive time

factor in there too in addition my math

works I was off by two days um we were

stable for quite a while I made a video

13 14 days ago that uh we would hit

62,000 in 11 days if history repeats and

we hit 64,000 today so I

was 2,000 2,000 lower than expectations

and two late so sorry about that but

it's bloody good I was impressed anyway

the math works okay the the stuff we do

is we analyze all the data all the money

flow all the onchain data all the

scarcity and we come to conclusions like

this okay very important in addition

it's not just the ETFs buying I've been

talking to Mr Mr Mr 100 and hle 15 for

the longest time all right this guy goes

into high gear all of a sudden you can

can see he normally buys 100 Bitcoin

three times a day but guess what he

did today guess what he

did anybody all right I'll repeat this

this whoever this is we're not sure

they've they're now the 15th maybe the

14th biggest wallet now they buy 300

Bitcoin every single day like clockwork

no matter what the price it doesn't

matter they don't care but while you

were sleeping one person Mr 100 bought

700 Bitcoin and only 900 daily Bitcoin

are issued every day okay this one

person bought seven nths of the daily

Supply before the other ETFs even have a

piece just the nine ETFs I'm talking

about too it's insane and a reminder of

the hardness everybody all right

yesterday Bitcoin purchased by ETFs

10,50 new Bitcoin produced by miners 900

and we are 32 days in 32 days let that

sink in So Exciting in addition is crazy

too uh Bitcoin used to be called Magic

internet money back in the day I thought

it was kind of funny but if you look

here never ever seen this Bitcoin versus

country M1 money supply bitcoin's market

cap has quickly surpassed the M1 now of

both Canada and Australia and this magic

internet money stuff called Bitcoin is

now in the top 10 a new record everybody

exciting times in addition uh all the

Fiats are collapsing we're making you

alltime highs every day in all countries

of the world ding-dong Vietnamese Dong

is now at an all-time high in terms of

Bitcoin so um you know Viet I call this

melting Ice Cube many people do as well

because this is what's happening I talk

about black holes all the time obsessed

with them and there's the the the other

black hole you know but there's another

one there's one sucking in all the Fiat

and that's the Bitcoin Fiat black hole

and what a beautiful

graphic

it's and again going back to the tragedy

all right going back to the tragedy one

more time so you can remind your

friends very few people are completely

oblivious to what's happening that's

just the United States and I'm

sure there's a huge swath of the planet

that's completely missing out on this

black hole okay your job is to try help

them and I know you may think it's too

late but it's never too late to get into

a hard asset and remember this time is

very different in addition

um people get annoyed when I say in

addition but it's kind of it's like and

there's more it's kind of part of the

fun thing that I do anyhow uh breaking

news Jeff Bezos is buying part two this

is from Marty party and I did cover this

about 10 days ago I said the funny

feeling that Jeff basos is selling stock

and he's investing in robots and he's

also buying Bitcoin kind of diversifying

his big amazon bag which is fair I think

he sold $ billion doll worth of Amazon

stock but the rumor is now from Marty

party he split his book store stock into

self- custody Bitcoin and black rock

Bitcoin shares and he has followed the

wallet and reported on its

existence that Jeff sold his stock and

the numbers match up okay great ride

turn selling of books into digital gold

but Amazon to to bitcoin 1.33 billion

and Amazon to ibit about three billion

and the other 100 million or so into

robots interesting allocation and we're

not saying it happened but it's a good

conversation starter and Marty party is

hunting evidence well Marty I got

something special for you you ready

check this out guess who's on boats

together with sailor Je Jeff Bezos he's

taking sexy selfies with the new fiance

Lauren Sanchez I think is her name on a

half a billion dollar super yacht so

we'll see hang mean I mean sailors

hanging out with David geffin Barry

Diller Michael

sailor and guess what they're talking

about Bitcoin now uh Kathy Woods she is

awesome um breaking news H and trust and

we love trust here and we love truth and

Trust the two T's but Kathy Woods Arc

invest has integrated proof of reserves

for its spot Bitcoin ETF so now you can

verify exactly what is in that ETF at

any given time which is awesome thank

you coach Casey H so kind of

you and I got to say it there's there's

more there's a hell of a lot more we're

not even we're not even a third of the

way through this journey everybody

breaking news as well shout out to the

team in the UK sorry about this this is

going to sound a little bit bad but it

has to be said too because we did speak

speak about this the Fiat black hole

Bitcoin sucking it in now JVS James V

Straton uh great follow on

Twitter he says Bitcoin is on the cusp

of breaking alltime highs in GB pesos

GBP is the symbol for British pound and

he calls them GB pesos uh and the key is

as well this is all happening while one

of the biggest UK financial service

companies is imploding called St James's

place again I'm sorry about all the

chaos and the UK and in Europe and other

places around the world but it's

happening everywhere at the same time

and again another fiat currency is about

to be smoked in a new Bitcoin alltime

High probably already has since I've

been talking as well crazy actually

while we're here let make sure we find

out what Bitcoin is doing 61,500 there

was a huge Interruption that interrupted

the price action I'll talk about that in

a minute too but that shouldn't derail

you everybody always keep your head out

the window look at what's going on in

the real world now

another piece of very exciting onchain

news uh we are now

already higher than the highest monthly

close okay 61357 we're at 615 as I speak

we are higher than this okay we just

need to stay up here for guess how many

more days tomorrow is the 21 29th

everybody be safe some people are

superstitious I believe the 29th on a

leap year can result in dangers so be

extra cautious tomorrow but be in the

markets of course as well uh in addition

uh we breaking new Bitcoin alltime highs

and a whole bunch of currencies this is

the top of the currency list over 20

maybe 25 maybe 30 have already been

Smoked by Bitcoin you got Japanese Yen

here number three smoked Norwegian Crona

smoked Turkish L smoked Swedish Kona

smoked uh British pound about to be

smoked um it's just happening so the

all-time Highs are just fit fast and

furious with to the stage and they're

falling fast in addition we did hit

$64,000 today briefly and then guess

what happened coin base broke and here

it is and I must say I had a mini heart

attack I wanted to trade something went

in to move some stuff around and Boom by

the way I only keep a little bit on

coinbase but it still is enough to give

a little heart attack when you go in and

you see your portfolio balance is

zero with all the talks of people kind

of been hacked and screwed it was enough

just to always have that shock to the

heart that nothing is safe or secure so

everybody button up your security that

is crazy now when Bitcoin broke the

market broke too we saw a the most

violent swing ever I was on the 30

second chart watching bitcoin price go

from 64 straight down to I think it hit

58 I one say

$6,000 in probably 2 minutes it was nuts

anyway that's the type of stuff as well

that messes people up too H especially

leverage Longs they get completely

crushed Joseph Samuel thank you so much

for coming now um in let me see back to

volumes very important smoking hot

volumes out there this is Eric belunas

we're only halfway through the trading

day and nine Bitcoin ETFs have already

broken their all-time highs 2.6 billion

remember volume translates directly to

buying okay I've been analyzing this for

32 days actually built a predictive

model that does it for me and when we

look at the numbers and this is taken

snapshot's taken about an hour ago we

have 60 million I've never seen more

than 42 million of volume for ibit we

have 60 million today and that's only

halfway through the day okay and

remember t+ one yeah the money comes in

they buy tomorrow or tonight so it could

be another third miraculous night we

could break a new alltime high tonight

based on this volume data and remember

this action this price action is

triggering global fomo all around the

world for those that are watching

markets speaking of foolishness and

fools uh this is a cool chart as well

from um into the block I think or crypto

Quant into the block it is uh anyway

it's from Jesse Myers and you know wait

this is you can look here look look

focus on the right look at the black

line they are hedge funds hedge funds

are going heavy heavy short Bitcoin

Futures all right they are shorting

Bitcoin like

idiots anybody who jumps in front of a

freight train as I call it during this

time cannot add two and two together and

doesn't understand how markets work all

right it's crazy people just looking for

their heads to be hand handed to them

literally and another wild statistic as

well retail fomo has just landed this is

a wild statistic and there were more

individual trades yesterday in the

Bitcoin ETFs than they were in the S&P

500 ETF and the QQQ ETF and this is

before they even have options or are

available on many advisory platforms big

retail component just came in all of a

sudden they are experiencing fomo as

well bigger than I estimated just so you

can see as well it's the the gold is the

sum of the nine new spot Bitcoin ETFs

blue is the S&P 500 and green is the

Invesco QQQ and it smoked them both also

a new

record can it get any better let's find

out uh let's look at this as well this

is what also getting attention from a

lot of people is not only has the

performance

smoked uh the traditional assets like

the I shares core S&P 500 ETF but I want

you to cast your eyes on this the total

asset Center Management in the S&P 500

ETF just from Black Rock is $443

billion I bit only has six billion right

now so the question

is is the six billion going to grow to

400 billion and even if it did were

there even be enough Bitcoin for them to

buy I doubt it and that's just one ETF

okay Futures bright in addition

performance the other thing that's

getting people's attention if you look

at the last six weeks okay not bad we

have the S&P 500 up 6% and anybody who

bought ibid is up

23% in six weeks that is that's like two

years of Returns on traditional markets

ladies and gentlemen and it's early days

yet uh in addition breaking news Bitcoin

added $800 billion market cap since 2023

this is from Czech M at glass node and

you probably won't believe it at first

but the market cap was only 320 billion

at the start of 2023 and since then it

hit 1.2 trillion over that right now and

it becomes of course the 10th largest

asset on Earth and next in the box is

meta and then silver and then up the

chain and meta and silver will be smoked

probably the next week or so I reckon in

addition be careful of advice again it's

very important to everybody in this

stage of your life remove all toxicity

from your world and remove negativity

from your world okay this is again

another Infamous tweet from Jim Kramer

it's unlikely that Bitcoin Finds Its

footing January

22nd okay can you imagine all the

people that he influenced to cell

Bitcoin just imagine he has quite a bit

of a

reach and speaking of more delusion as

well Peter Schiff the most likely

explanation for the weakness in Gold

stocks is that investors are selling

them to buy Bitcoin ETFs

instead by the way he's trying to make

an excuse for why gold is so weak and

why it sucks and that means Bitcoin has

basically become a bet against gold so

when gold inevitably breaks out the

money will buy gold stocks

to money to buy gold stocks will come

from Bitcoin

ETFs okay Peter you're a smart

man talking to you very seriously now

stop lying to people gold is dead it's

been replaced by digital gold all right

and the money going into ETFs will

probably never come out okay so stop

lying to people Stern words I'm tired

tired of these Liars speaking of liars

Elizabeth Warren chatted up by Metal Man

never forget Senator Warren wants the

government to decide for you which

categories of assets you will be

permitted to invest in and of course as

a trained lawyer from ruers I think in

Jersey the SCC go is wrong on the law

and wrong on the policy with respect to

bitcoin ETFs these are what they call

lawm makers who don't understand the

law again I'm tired of it tired so in

heated moment this morning I spent about

10 minutes trying to draw lines on a

chart and it's a new

indicator okay um remember the

politicians you pay for shout out to

Gary G and Elizabeth W for their

tireless efforts to keep us poor and

prevent us from grabbing onto the only

life raft we have Bitcoin up by the way

175% in less than a year so just

remember the

politicians okay they are not on your

side despite the fact that you pay for

them and they're supposed to represent

you shout out to the upand comer the

Challenger in Massachusetts whatever you

need buddy I'm here for you um in

addition the charts have been breaking

my screen this is from Moon Meow in the

community who sent this today at 8:17

a.m. and somebody had to do it and

literally I have to keep on adjusting my

charts so they can fit the candles in

and this is a good representation of

what we're talking about here and now we

are only 10% away from this new all-time

high and we did nearly give or take a

couple of hours $144,000 move from top

to bottom in 48 hours I always say risk

happens fast and this thing moves wow

and there's a lot more move to come you

know we've had we had A4

$4,500 candle after two $3,000 candles

all in three subsequent days

Bingo OCTA a week ago I said four

positive weeks in a row at this stage in

the market before having is an extremely

bullish sign and now we've got the ETFs

too Madness and and we got people

Muhammad delarian shout out to Muhammad

very good microeconomist but when people

like this start talking about biddy it's

like huh on the back of another price

surge this morning Bitcoin has reclaimed

its November 2021 level of $60,000 again

when guy like Muhammad posts about

Bitcoin you know the Bitcoin moment has

arrived

everybody he now puts this asset on the

radar of people that would never even

consider it that's magical um and micro

strategy hit $1,000 today hit actually

$1,000 and8 bucks and the big rumors are

coming because now they are ranked

number 471 in terms of market cap right

behind a company called William S n if

you want to buy a $100 pepper grinder

that's where you go by the way above

Transunion and United Airlines Etc and

that is a crazy move so the market cap

now is nearly $15 billion therefore S&P

500 has to welcome in micro strategy of

course it takes time it took them years

for them to do it for Tesla that's for

other reasons um but this this will be

big because this will force every single

person on the plan planet that owns

anything to do with the S&P 500 to buy

indirectly micro strategy shares which

of course will be part of that self

fulfilling prophecy that I've been

talking about for years right 1+ 1

equals 2 it's very simple now we're

going to get into the numbers and then

I'm going to get into a whole bunch of

charts afterward so I did tell you it's

a big one today so bear with me it's

just so much goodness going on this is

uh day 32 row numbers again it's getting

too small to see so you might not see

this chart anymore but trust me I have

all the numbers now let's look at the

macro view of where we are we can see

here ibit red biggest Day Ever probably

a bigger day today and that's just

what's happening also there was a lot of

dumpage from gbtc but that didn't matter

because Black Rock literally is taking

in five or six times of grayscale can

dish out just black rock okay that's

important to remember and let's look at

some more data we had the third best

money flow day from 32 days not the best

but the third best remember black Rock's

big sometimes the other ETFs take a

while to follow and we'll see in

addition Total Money Flow is up and to

the right that's the red line keeps on

going up and cumulative sorry cumulative

is red total is blue for the day and

again another big day also $17 billion

into new ETFs in 32 days you know this

not a big big deal what I do want to

point out though is these nine new ETFs

have 312,000 Bitcoin already 312,000

Bitcoin and they're growing very fast

Black Rock has nearly 140,000 Fidelity

has over 100,000 they have grown so fast

and they will be at a million Bitcoin in

a very short amount of time if they can

get their hands on it though that's the

caveat there and another view of the

world as well I want you to bear in mind

when you see this chart that as the

price of Bitcoin goes from say 40,000 up

to 57,000 up to

64,000 the ETFs spend more money but

they're not getting as much Bitcoin

because the price has gone up by like 20

30% so here despite this they still

sucked 10,05 Bitcoin from the system

remember it was easy to pull

13,496 in the system when the price is

40,000 it's different Kettle ofish right

now ladies and gentlemen and that's

important to bear in mind so welcome to

the new part of this video is chart time

people say they love the charts so let's

go let's look at a couple of uh onchain

ones first as well interesting Bitcoin

has only spent 30 days above

$61,000 and we're higher than that right

now uh again that is 30 over 5,000 days

approximately about 0.5 something perc

again closing Above This level and I

showed you before we've never had a

monthly close this high as where we are

now so it's basically a shoe in that

we're going to make a new alltime high

before the having pretty much guaranteed

in case anybody was

doubting it's crazy and

mvrv still early days yet so people who

think we're getting toppy no we're not

not even close and remember you've I've

made so many videos on being in the

market for the top days these are are

not times where you dabble or try to be

extra cute or smart you know where the

trajectory is going you be on the train

you strap in and you sit patiently don't

try and be cutesy with the market all

right it'll hand your head to you again

this shows you the impact of being in

the best 10 days each year versus not

all right so if we go back to 2013 it's

700% versus 500% if we look at say 20

uh

2014 just being in the market for 10

days you made 200 10 2011% if you

weren't in the market for those 10 days

you made minus 86% that is a tragic

difference 2018 you made 180% by being

in the market for 10 days you you lost

91% for not being in those markets I.E

if you're in the market for the other

355 days you get your butt handed to you

I said that like three times already

today I want to Hammer at home so you

don't screw up and you don't get cute

and you don't listen to people who don't

know what they're doing 2022 all right

10 days you make 157% if you're not in

if you're in the other 355 days you lose

86% everybody so far this year top 10

days you made 52% if you're not in for

those 10 days you lost 15% all right let

me know in the comments if I got that

point across do not try and be cute at

this stage of the game very serious I

see people doing it all the time it's

like no no no no no no no no don't now

my first ever banana chart never done

one of these before the B it's called

the Bitcoin banana Zone uh one banana

two banana three banana 4 adapted from

betel Julian and you can see the yellow

is the trajectory of where we're going

which looks very much like a banana now

the 2011 2012 cycle is on the left 2014

2016 second from the left

2018 2019 2020 is one from the right and

currently where we are in the banana

cycle which takes us north of

$300,000 in 2024 we have only just begun

remember the bananas and remember where

we are we near the little brown little

piece you peel back and in fact if

you've ever saw a monkey opening a

banana they do it from the other end the

humans do it shows you they're smarter

than us interesting tidbit anyhow um

Bitcoin patience here we are shout out

to everybody who is patient you can see

that we are now at the level we were

back in 2021 almost give or take and

those who were able to just hang in

there and wait they did very well

remember it takes patience to be in this

market don't try get cute all right now

let's look at the Lio Target where we

are today this is our layer in layer out

model with has all the key level levels

based on history and a whole bunch of

other formula in there to calculate

exactly where this puppy could go and

right now level 10 is at $

14,19 and this thing moves fast we're

heading to level s which is

$71,000 which is just above the all-time

high level seven Could Happen very

shortly very shortly and let's see

what's happening at bitcoin price H

61,000 again little bit of interruption

but still a monster day okay people PE

people forget we were at like 5756

yesterday and I was like oh 61,000 is

almost disappointing because it was at

64,000 it's weird the way the human

psyche works I'm still trying to figure

that out final chart of the day

everybody and I will take a couple of

questions this is the uh top and bottom

indicator shows you when we're hot and

cool obviously blue you buy all you can

light blue you buy all you can lime

green you can still stack we' just gone

into yellow where you kind of maybe slow

down your DC a little bit let the late

comers buy at this level but you can

still buy of course but we just

re-entered yellow again and we have a

long way to go before orange and red but

again shows you just like the mvrv we

are still early everybody so um don't

forget to subscribe I won't waste your

time but I guarantee you every video

you'll learn a lot and uh a big thank

you to everybody for coming I'm going to

take a couple of quick questions thank

you as well to the mods in the chat team

Tesla K8 and everybody here as well

shout out to Joseph and Coach Casey and

bman and Mike in Arizona and everybody

so full disclosure now Jim Kramer is the

only indicator that beats Z DSS bingo I

love that actually it's very clever

chaotic coder oh by the way that's a

crazy chaotic coder

has well you doing incredibly well for

your years young man H any thoughts on

if ETFs would ever just have paper

Bitcoin just like gold ETFs and this

allows naked shorts and control of price

excellent question so we're going to

have a lot more transparency and rigor

than we do in Gold it's impossible to

tell what gold exists what is there is

it really backed by the ETFs but now

after what I just showed let me pull

that slide up one more time is the

actual unencumbered proof of reserves

from C Kathy Wood this ties directly

into your question you can see here

Kathy Woods Arc invest has integrated

proof of reserves for its Bitcoin ETF

this means it proves that they have it

and it should be unencumbered as well so

the it'll become like an arms race in

order for an ETF to be trusted they're

going to have to follow suit and we all

can already see a couple of ones I think

bitwise and Fidelity published their

Bitcoin address so you can actually

track the wallets yourself directly too

great question k CER and congratulations

on your message earlier today very proud

of you I won't disclose what that is but

people in Discord will know anyway Mark

babasa do we need to worry about Mr 100

has nefarious plans massive dumpage H

for Bitcoin holders no this

is this is either a sovereign wealth

fund or a high net worth individual and

they just said you know let's buy $100 a

day they don't want to buy more than 100

because they don't want to Rattle the

market but they don't care what the

price is they're buying it 35,000 30,000

40,000 they bought today at 60,000 they

don't care they just keep stacking 100

at a time and they do that so they don't

drive the spike up and they're buying in

a way where it can be tracked it's not

OTC as well so from that perspective

it's super interesting and I would not

worry Mark about Mr 100 again and there

are probably many Mr 100s that we're not

even tracking everybody is stacking as

well okay a lot of questions today

regarding miners all the miners are down

and weak what's going on let me pull up

uh the actual chart for the miners so

you have some miners down hard today um

in particular clean spark Iris energy

bid Farms all down 10% so what's going

on uh I did expect this question so I

think it's a Confluence of factors like

everything else in the world one um

investors are worried now they've seen

extraord ordinary gains we were buying

clean spark at $6 3 weeks ago they shot

to more than 22 it's nuts but at the

same time everybody's now nervous that

the miners don't have ample rigs uh

modern rigs or enough hash to be able to

compete post having so that's the first

Factor so people are getting nervous and

maybe they're allocating towards micro

strategy because they know that's going

to be add the S&P

500 the bees hover around you know the

score there second thing you have miners

probably maybe diluting a little bit out

there uh because they is quite a great

time to raise money you don't want your

stock diluting at six bucks but if

they're getting $22 a share in that's

the time to dilute okay three weeks ago

$6 today 22 sell a bit of shares get

some cash turn that into minting Mach

that mint Bitcoin and again as I

mentioned before with Bitcoin don't try

get cute don't try time market we've

made extra ordinary absolutely

life-changing gains on cleanspark and

other miners too um just sit and wait

it'll come back and I'm I'm not even

certain that they're selling shares I

know some of them definitely are um I

know that Riot spent $100 million in

rigs yesterday so that's just what's

what's happening out there um we just

have to wait and it could be a rough

time so the the beauty of the miners is

they run counter to bitcoin sometimes

they run up with Bitcoin sometimes they

run opposite to it up to the having

there'll be a lot of nervousness so hold

tight maybe hedge a little bit is not

Financial advice um and

McDonald I've thanks to you accumulated

a good amount of micro strategy and

would you convert to Tesla and take

advantage of the pricing um I think

about this all the time H there will

come a time for that but we're not quite

there yet now Tesla could have their

chat gbt moment and the stock could fly

kind of like Nvidia does but I don't

think we're there yet um I think we have

some more time micro strategy Bitcoin is

the place to be for now and then after

the having see what miners survive

that'll be the place to be and then

we'll watch Tesla very very carefully

for that chat gbt moment I know we're

real close but I don't know if that's 2

weeks 12 weeks 6 months or a year away

but I do know as well they have a ton of

margin coming they have nearly I've

calculated nearly $4 billion in unac

Creed revenue from things like

warranties and energy business that they

can at last recognize and that'll go

straight to the bottom line and earnings

I think will be better than expected

this year and of course they got the

bestselling car in the world they just

launched uh prototypes of the Roadster

which is going to be the most

mind-blowing sports car ever made in the

history of the planet bye-bye

Lamborghini and Ferrari they're toast

FSD is this close mega pack business is

off the charts cybertruck 7.2 year

waiting

list model 2 is coming they're breaking

ground in Mexico in about 3 days um for

the model 2 and this talk of an India

gigafactory 2 while every other car

maker is retrenching this and remember

this is not a car maker as well so

McDonald hope hope that helps hold for

now hold the micro strategy for now and

from saabi at this at these prices is

still early to make a salal

portfolio I bought a salal today on a

dip and I've been waiting weeks for it

to hit and it hit literally probably

during the coinbase outage I was

dangling my little limit order uh on

Jupiter J up. A and it filled so I'm

buying

not Financial advice so thank you Savi

for the question and thank you miles in

Arizona thank you all for coming I hope

you like this show wow nearly 9,000

people watching live never had that

before for a Bitcoin video thanks

everybody you take care stay healthy

number one prior is stay healthy so you

can enjoy the fruits of our packing

during the bear thanks everybody and

thank you again to the mods of chat and

I'll see you

all tomorrow

not later today this was the the one

video for today okay thank

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you