Today let's talk about Bitcoin and if it will flip back up this week. Also I'm going to talk about Ethereum's recently decline and what it has to do with Celsius Network and CEL token.
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0:00 Intro
1:00 Market Overview
2:30 FOMC Meeting
3:55 Bitcoin Buyers
7:15 1 BTC
8:35 Bitcoin Miners
9:30 Bitcoin Analysis
12:00 Market Cap Dominance
15:35 ETH & CEL
23:00 Do Kwon Cashed Out?
26:00 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.
#bitcoin #btc #crypto
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We just broke to 24,888.88 😕
I am broke. We’re all broke.
@Eduardo Velazquez Ok, I don’t know. I’m just wondering why he’s always so critical and negative about it.
@Crypto Daily Ok. I just don’t know why he talks so negative about it.
🤣🤣🤣
born that way, it cant be all that bad
@T Z jokes aside.These really are the best time to accumulate and make money for those who are patient.
I think people are hoping to hear the fed pause rate hikes to get bullish which isn’t going to happen for a while.. although the next fomc rate decision is in September so August will be a brief pause essentially. I wonder if that is priced in.
FOMC meeting is this week.
Lol, dunno why he would pause hikes when inflation is still out of control.
fear and greed index WILL BE back beneath 10. It´s a lagging indiactor. 14 measures the sentiment from yesterday. Why does nobody get it. It´s updated once every 24 hours
Let’s dca into that portfolio I didn’t forget ! Now is the time stay strong the course 💪🏻
the big dip was when the “””illegal””” mining op was found and mining in china was banned right?
Why if they sale steth the price of ETH goes down?
What a nightmare this week has been
I know we SHOULD be buying now, but every transaction feels like I’m buying into something that’s losing value faster than my inflationary dollar. I feel like I’m double-downing on stupid.
The basic realities of the economy are forcing out the new money. What’s going to fuel appreciation?
@Morris Funchess thanks for the constructive input
Timing the market is a risk, however there’s no way we have hit the bottom, maybe split your approach
we all are
relax and take your time. This could 6 months to settle down… no rush dont get hyped up on hopium
Btc cycle quicker than dollar with more upside potential for medium term
It makes sense that big financial institutions that plan to provide btc products & services are happily collecting btc at this price (and even lower) and taking advantage of this fear level. They are smart money, why buy from retail holders at 60k-100k (like retail holders hope) if they can buy at a much lower price with extreme fear level. DCA & HODL work.
Please, no more DCA. We’ve been DCA every day for the last 7 months !!
Stop dca if you can’t afford it silly 😜
You could play the same episode everyday and I wouldn’t realize
Lol
This is what I think could happen the short July could roll over to short Sept because it is out natural order of things to short Sept that is why analyst say long Dec or late Nov
Altcoins dropping? It’s accumulation season! I’d rather have alts though, because the chance of a 10x or 100x is more likely with altcoins as opposed to BTC
Accumulation phase is not here yet lol.. Not until btc further capitulate and cardano is at 0.25c, avalanche is at $12 and eth is at $900..
Right there with you! A unique buying opportunity.
if you wanna go bankrupt fast.. DCA in… buying a depreciating asset … the mind boggles
Alts will bleed you dry… You might get lucky with one but not now… Recession means rising interest rates.. Money out of system… Only One Direction now.. With a few bounces of course. Keep that powder dry.
Thanks to you George I will have to work at KFC for the rest of my life!
Looks like the challenger crashing .
Awesome. I will be finally be able to buy cardano for the .18 that I originally wanted to get in . Got to look at the Brite side
I may have to sell all my Eth to save the market. Because I know the second I do the price will take off.
This a great video, I learn alot watching your videos and it has been helpful to me. building a steady income is quite difficult for newbies. Thanks to Victoria Bonnette for improving my portfolio,
keep up with good videos.
The market this week keeps driving me crazy. I don’t know what to do whether it’s right to spend usdt on ETH or it’s better to stay away
Ans how about Avalanche? Any thoughts about the $200M in $AVAX that the LFG holds? If they sell, will it affect the $AVAX price? Cheers!