#Bitcoin #BitcoinDominance #FederalReserve #RateHikes #Ethereum #RealEstate #TeslaQ2
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DISCLAIMER: The information contained in this video is for informational and educational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
00:00 Introduction
00:30 The Story of the Nasty Week We Had
02:00 The Bad
02:15 Bitcoin Under RP and MVRV at 0.96
03:15 BTC 14% off 2017 High 1680 Days Ago
04:09 Hike Day Tomorrow
05:00 Interest Rate Hike Probabilities 24 Hrs Ago
05:24 Interest Rate Hike Probabilities
05:50 75BPS Impact on GDP
07:13 Over Bitcoin History – BTC never saw QT
08:10 Digital Asset Outflow Hit US$100m
08:30 Money Flows By Crypto Asset
09:48 10 Yr vs 2 Yr Inversion Coming
10:34 Tesla Earnings Q2 2022 – Rough
12:00 MSTR Multiple Month Old FUD
12:40 QQQ vs Bitcoin Last 90 Days
13:09 Real Estate Cost Spike
14:40 Donât Worry – RE Will Fall
15:19 30 Yr Mtg Rates
15:46 The Ugly
16:00 Bitcoins Worst 3 Days Since March 2020
16:20 Fear Lowest Since March 2020
17:00 The Inflation Beast That Will Not Die
17:19 The Good
18:12 Spot is $1500 Below Realized Price
18:34 Dominance Clipped 48 and Fell Under 46
19:22 Dom Math
20:00 Stablecoins Make up 16.34% of CMC
21:06 Lawrence Bought GBTC on the Dip @ $15,980
21:55 Even Matt Damon is Getting Trolled!
This is a flashback to exactly what we had to go through with every FED meeting in terms of PMs for yearsâŚ. And lo n behold here we are FED dependent in BTC too. Itâs all manipulated since ETFs, same as GOLD SILVER etc. Such a bore.
100% true. Everything is correlated and codependent. I dont care what none of these guys say.
And it’s all manipulated by big money now just like stocks. I was hoping to get in and out before that happened, oh well. Trading currencies is a different kind of crooked for retail traders. It’s the brokerage firm that will screw you over.
$700 loss with UST, now 7k (still have my fingers crossed) with Celcius. Thankfully I do listen and have my assets spread around In Celcius’s case, one day too late. I was trying but was stuck in that 24-hour-new address-for-your-security scam. Now I’m vacating Block-Fi for the same type of your security/ cover our butt withdrawal processes. Next stop>>>hard wallet. You can’t collect interest anymore anyway unless of course, wait for it>>>you have a lot of money. I just wish these ‘we have you covered, our mouth works better than we ever can’, would just get a job for a company that can get the job done. I have better things to do than scour the internet for old and brand-new red flags. It’s hard enough to make without having everyone stealing it through incompetence. That’s my rant for the day.
Agreed its about as decentralised asâŚâŚ.
My only note is to point out this entire process is mathematically predictable. We have lived under a centralized economic system for generations and we are slowly moving away from it (thank you digital technology). Decoupling from the centralized system is all that has to happen. It canât be stopped, but because of human nature it can be slowed down. As we have clearly seen. Things will likely get a whole lot worse before they get better. But, BTC will ultimately become the worldâs stable currency. When does that happen? If I knew that, I wouldnât be DCAing BTC would I?
No time to panic! Lift up those binoculars and look to the future!
Iâm just sayin..
Thats why i have invested into Luna months ago because its decentralized. I just bought and closed my Acount and will check in a year and retire with that Money!
Thank you, James â¤ď¸ weâll make it out of this! Please look out for your health!
James looking like he forgot to pay his A/C bill! Jk, appreciate your content bro.
When you do bitcoin dominance, are you also counting stablecoins?
He is. He should not. Thereâs no arguing that alts are getting rekt terribly vs bitcoin.
Bitcoin is immaculate conception thank you MARY.
Applogies for my negativity on these comments but when i came onto this space in February i discovered your channel. I learnt majority of my concepts and investment strategies from you which I am thankful. However i come from a banking background and your negligence on this macro view is very bullish considering we are about to capitulateon S&P basis. Nasdaq has already tanked. So please advise your followers how to be ready for this. Highly disappointed in your macro views. Better to safeguard down trend than to lose a potential profit. Especially if downtrend is 50% worse than today on BTC terms. Which i agree has never been seen before…but watch this space
It only took Luna which you were bullish on and Celsius…which has not played out yet…still will not forgive you for not delving into Celsius issue and diacuasing thia risk. Either way if Celsius survives…u r now a shill
thanks for this statement
Saying he was bullish on Luna is a tad of a stretch.
He always said that Luna comes with great risk. And what do you know it came:).
It absolutely blows and I lost a lot on that one, but it was everyoneâs decision to invest into it even with the warning signs.
Thought me to put stop Loses.
Celsius: he likes Celsius but he never promoted you to get into Celsius. If you did itâs your decision.
Stop blaming others for your actions.
If you are hurting Iâm sorry for you.
You are not alone.
I’m pretty sure he’s not waiting on your forgiveness. Please get on YouTube with your own channel and do better instead of complaining about what someone else should do.
His TA and fundamentals are both actually terrible.
I’m new to investing and economics so forgive me but can it mostly be summed up as, the fed controls everything? Fed hawk= markets down, fed dove= markets up?
@Allan Doty I was thinking that as well. They say it’s supply inflation with governments actively suppressing and stopping production these last few years
James muchas gracias for helping my financial literacy. Iâm in GBTC through my 401k, can you explain what would happen to the current price,if we get a spot BTC etf?
U get rekt
Very simply
He all ready did. The GBTC discount going away. Would have little direct impact on the price of Bitcoin.
Could there be a concerted effort to destroy BTC? Who would have anything to gain by doing so? Always look forward to your presentation, thanks.
This is why i hate bankers…one day….retail will rise…
Thanks for a great and informative channel:
What does Celsius, Luna and MicroStrategy have in common? They showed their hand to the public. Are there any more we know of? <--- An actual question. đ
3 Arrows Capital. Add that to your list.
What does microstrategy have to do with Luna and Celsius?
a guard outside the kingdom doesnt know the church’s private liturgy
This down turn is beautiful. Especially when u understand the reasons why. I am loving it
Thats nice…please expand
What sort of copium are you smoking and where can i get some
@Djionycz its called research
@TAZ Pen You mind sharing some of your findings? Or at least, a hint to where someone should look?
@MacMillanDAN Imagine a toilet (the Crypto market). There´s so much in there (Scams), it can´t get flushed. When it finally flushes, you kind of get the feeling of watching something beautiful taking place.
I was a whole coiner. Until Celsius. Now I just hope Iâm a whole coiner.
You and me both !
I was just about to join Celcius.
SO question: … The Crypto market cap was 3 TN USD and now it is under 1 TN USD. Surely this means projects will start to be underfunded or what is the impact of this?
Thanks James for continuing to do what you do and seeing us through the bear market.
he could not even lead you through a bull market…
An extra data point for you: Here in Australia, natural gas prices (providing heating for the home and hot water service, as well as gas stovetops) are being raised by just over 10% as of July (new financial year).
I’m scared. I hope I get back all my BTC and ETH from Celsius and for all the 1.7M customers of Celsius.
Me too mate
Thanks James,
Your report is always informative I learn so much from watching your channel.
It is hard to find any positive news in all the FUD out there.
Keep up the good work.
Finally James stopped spreading hopium. I love IA videos and think they’re very insightful but I feel like many people got rekked with these “30k bottom”, “25k bottom” etc. No matter how many disclaimers you put, people tend to follow your “NFA” and although there’s no legal responsibility you can’t argue that people got hurt. Still happy to be here and get all this info for free. Appreciate the time put into this!
At the very least please talk about risk management when these defi platforms say they dont rehypothecate yr BTCâŚbut now it seems Celcius may have done that
Hey James & team, I really appreciate your content and your visuals. However I think the FAGI chart at 16:30 was awkwardly titled “Fear Lowest Since March 2020” when the rating of 8 shows Extreme Fear. The overall rating is lowest, which technically means the *greed* is lowest and the fear is highest. I know you were referring to the overall score being at its lowest, but a 6 months ago when I started watching, I would have been confused by this title seeming to not match the content. I have learned so much in that time! Thank you.
James – you’re good at what you do and I trust your research and findings.
But didn’t you say just a few days ago that “IF the FED raises the rate so much, they are shooting themselves in the foot”?
YET, now it’s happening and even more than expected.
Also, Heavily promoted Celsius to all your users.
I am not mad at you – but PEOPLE need to realize this – NO ONE KNOWS ANYTHING!
Even the most knowledgeable people in the industry can’t predict anything during these times. And it ENDS THERE!
Best of luck to everyone whos caught up in these things
Check your facts. My thesis the more they increase interest rates if they go above a federal funds rate of 3.25% they will destroy GDP growth. Second of all I only ever mentioned Celsius in 4 videos. I never promoted it heavily that is a lie. Alex wanted to be on the show and the last show I did with him was because my members asked me to interrogate him with hard questions when I did that. By the way everybody had Celsius plastered all over their videos all the time and somehow Iâm associated with it when I donât shell anything? Be fair do your research.
@InvestAnswers
James
Also here in San Francisco – your fellow neighbor!
As mentioned I donât blame you. In fact I made a post about this very thing that – no one is to blame IF YOU YOURSELF clicked on that signup button.
But the truth is – itâs a good idea to do ample research as a YouTuber before even bringing a CEO to promote its products.
I have to admit – In my case after following you for a year or more and listening to your words (nearly every day) I still did not opt-in to Celsius until the very last minute and after you brought up Alex and you did speak so highly of him –
I sure hope those remarkable words about ALEX stays true to his character and that he does right by itâs users – even it means Celsius as a company will go bankrupt OR get bought out by the likes of NEXO.
Regarding Fed Hike – Iâve watched almost every video you mentioned that they will NOT raise drastically as they CAN NOT.
All Iâm saying is that – no one knows. For all I care tomorrow the atomic war could start and all the world will come to an end. Again no one knows and itâs mostly all speculation and based on history and research – but people should take their chances and not base it on a tip they got from a YouTube channel.
Your channel is one of the most transparent and ideal channel – I must admit and please keep it as such. Itâs really not worth it as some are currently Suicidal.
As for me – thank God that due to my faith Iâm ok and know that I will survive this (God willing)
Hey James. Thanks for all your hard work keeping us up to date.
A nice thing to cover would be how to gauge the health of which exchanges are most at risk of failure. CZ has spooked me a bit in his tweet today hinting some exchanges may fail.
I’ve moved from USDT into USDC and am spread across a few big exchanges. I’d love to know your thoughts on this please.