BITCOIN – IT”S FALLING AND THEY ARE LYING TO YOU!

BITCOIN – IT”S FALLING AND THEY ARE LYING TO YOU!

they are messing with you they’re
playing with you they are trying to get
you to sell right now the price of
Bitcoin has fallen down slightly it’s
around 624 and if you were just watching
this without really paying attention to
what’s going on you might be kind of
scared because we’re getting closer to
this range around 60,000 around 59,000
and we are just at 67 you’d say wow we
continue to see lower highs right lower
high lower high lower high lower high
but I think you might be missing what’s
actually happening behind the scenes if
you don’t mind hit subscribe turn on the
Bell notification underneath the video
so you can see future videos just like
this also there’s going to be a link to
Marx underneath the video in case you
want to trade cryptocurrency especially
if we get back into this range around
59,000 like I put in some long positions
when we’re around this point and then we
move back up let’s say you’re on a 10x
and you go up 10% that’s a 100% return
if you do want to try out Marx there’s a
link to it underneath the video there’s
also a link to coin W into blof fin
those are two other exchanges that are a
little bit bigger than Marx that offer
more trading pairs so in case you want
to trade smaller assets you can try
those as well but Marx is powered by
trading view which is pretty nice you
can chart everything right here and then
you can leave it here for the next time
you log in bitcoin’s price is falling
down all of crypto’s uh prices are
falling down I mean ethereum was just at
3,300 yesterday now it’s at
3160 now what exactly is
happening we’ve been getting some pieces
of news such as Russia preparing for a
total crypto ban as geopolitical
tensions rise so people probably are
worried like oh hey China can ban crypto
Russia can ban crypto what the heck
they’re banning crypto to reinforce
Ruble as geopolitical tensions and and
sanctions spread however uh this is just
let me read this Russia will enforce a
strict ban on the general circulation of
crypto assets such as Bitcoin allowing
only digital Financial assets issued
within its jurisdiction the initiative
led by uh a sakov chairman of the State
uh Duma Committee of the financial
Market is part of a broader governmental
effort to control the crypto ecosystem
amid Rising geopolitical tensions they
say uh that the forthcoming legislation
aims to restrict non-russian crypto
operations to reinforce the ruple
dominance so let’s uh move on to this
the bill will carve out exceptions for
crypto Miners and crypto Bank sponsored
test projects so they’re still going to
be mining crypto so there’s not going to
be any uh any ban on Bitcoin mining and
they’ve also used some crypto uh they
say that they produce over 2.59 billion
in liquidity for foreign trade uh
settlements in
Russia and this is part of an an intense
internal debate among Russian policy
makers regarding crypto the regulation
of cryptocurrency should be prescribed
in the digital code which would clearly
spell out the conceptual apparatus and
common judicial law enforcement practice
uh in contrast another person has pushed
for a more moderated stance so they’re
basically in fighting whether they
should allow crypto to be used it makes
sense it’s this great asset that can
provide a lot of
freedom so maybe your maybe your
citizens get extra freedom but you have
less control right we’ve seen this over
and over with countries that like to
overreach but it basically said hey
we’re still going to use it ourselves
right we’re we’re telling you to give it
up but we’re not going to give it up
what have we seen when countries have
done this we’ve actually seeing
sometimes that the usage has gone up
right people that weren’t really
interested say hey maybe if the
government’s taking this away maybe
there’s something to it maybe I actually
need to have this so that’s quite
interesting also we did get some news
Australia’s largest Stock Exchange could
list the uh and approve a spot ETF by
the end of the year so basically they
had seen large inflows from us ETFs and
they’re saying hey maybe we should list
our first ETFs and this is coming from
Bloomberg it’s report citing sources
from familiar with the matter noted that
several issuers including Vanek and
local firms bet beta shares and D
digital X have already submitted their
ETF applications earlier this year we
know tomorrow the Hong Kong ETFs are
likely uh or are going to start
trading their Bitcoin ETF
right so that’s going to unlock a big
Market but now ASX also has a domestic
market capitalization of nearly 3
trillion doll so another big chunk of
money has access to
crypto so yes the price of bitcoin’s
falling but we still have bullish things
happening now we’re seeing a bullish
Divergence as well on the 4 Hour with
RSI so this is The Wolf of all streets
showing this chart it’s not oversold so
you know we’re not getting into this
oversold territory here so not as strong
a signal but RSI also never made it to
overbought okay so this is part of the
game that’s played too right this is
often a bottom signal the price
continues to fall down but RSI starts to
move up we fallen down a decent amount
too not not to oversold right but we
have fallen very close close to it so
when we were all worried that Bitcoin
moved basically from what
42 39 maybe all the way up to
74 quickly right and everyone was
worried well we’re really overbought we
could see a massive dip that’s what
we’ve seen over the last couple weeks
but wasn’t massive uh actually the last
couple months so yes we had a massive
move up let me actually bring it out to
the Daily here we had a big move up all
the way from again 42 actually 38 38 to
74 so we moved up what nearly 2x from
late January to late March midm March so
over two months bitcoin’s price pretty
much doubled and then we’ve just been
trending sideways this is actually
healthy now of course we could always
make G lower low but we are seeing kind
of a rounding out here we are seeing a
bullish Divergence which is good we
could see another move back up here and
this has been healthy this is the game
that they play they try to get you to
freak out uh try to get you to like jump
back in as heavy as possible at this
second Peak 73 you think we’re going to
go up to 100 but instead drops back down
then comes back up drops down trying to
freak you out trying to flush you out of
the market now I want to talk about a
couple other things that have happened
over the last 24 hours we’re going to
talk about some things within crypto
outside of crypto but first I want to
talk about Cino now partner of the
Channel kamino network has some exciting
news in case you didn’t know Cino
network is announcing the first public
sale of Camino token the native
cryptocurrency of the layer one uh for
the global travel industry now they just
completed a $10 million private sale and
to give a little bit more background on
Camino Network just in general it’s a
public and permission blockchain
specifically designed for the travel
industry and run by a Consortium of
travel industry participants it promises
to transform the travel industry by
enabling participants to build and
deploy decentralized application powered
by smart contracts now they have a token
sale going on right now for early
adopters if you want to buy now you can
go through their website I’ll leave a
link to this underneath the video if you
want to wait you can always do that too
these Private Sales uh in public sales
can be explosive right especially in a
bull run but they can also shoot up and
then dive down on the day of uh the day
of the launch so make sure that you
understand the risks and rewards with it
now if you want to check them out I’ll
leave links to them underneath the video
you can go give them a follow over on
Twitter or check out their website check
out the sale on their website as well
thank you so much to kamino network for
being a partner of the channel and let’s
keep moving okay big news for Tesla
Tesla’s up 12.4% in the pre-market and
keep in mind this is after we’re up 20%
in the last 5 days actually it’s up
13.4% a lot of shorts are having to
cover right now now why is that and
we’ll get back to crypto here in a
second some bitcoin news some altcoin
news but why is this well Gary black
breaks the news Tesla wins preliminary
approval from Chinese officials to roll
out FSD in China partnering with
Buu Tesla has won beijing’s blessing to
roll out their Advanced Driver
assistance service in China as chief
executive Elon Musk made a surprise
visit to the company’s biggest overseas
Market Chinese officials told Tesla that
Beijing has tentatively approved the
company’s plans to launch its full
self-driving or FSD software feature in
the country according to people familiar
with matter the US Electric Vehicle
maker will deploy its autonomous driving
Services based on mapping and navigation
functions provided by Chinese technology
giant Buu the people said the
partnership clears an important
regulatory hurdle for Tesla to offer its
driver assistance system there
partnering with Chinese uh with
partnering with a Chinese company helps
ease Regulators concern over any data
security risks the people said Bloomberg
reported earlier reported the deal with
Buu which in addition to its core search
engine business has expanded into
autonomous driving and artificial
intelligence the approval follows a
meeting between musk and top Chinese
officials so Tesla just got the green
light to have FSD in China this is good
for a couple different reasons one it
shows that they still have a very strong
relationship with China right and yes
they partnered with a Chinese company
which makes it probably an even stronger
relationship because it’s not like
Tesla’s just making a bunch of money no
one else benefits no the the company Buu
also benefits so it shows that renewed
strength some people get worried over
geopolitical tension uh in Tesla within
China but it shows hey there’s still a
lot of there’s still a lot of Goodwill
there two it also means that Tesla can
start selling this to probably millions
of people over in China at $6,000 a pop
that could be pretty big uh maybe that’s
reoccurring Revenue stream a monthly uh
Revenue stream for them that could be
pretty big in the future I mean think
about that if a million people start
buying this at $200 a month right that’s
$200 million in pretty much just
straight cash flow coming into the
business 2.4 billion uh so I’m not
saying that’s going to happen but that
could be a big Revenue driver moving
forward three it also gives them more
miles driven it helps their neural Nets
it helps with the progression of FSD so
this is big news you can see people are
considering this big news up
13.4% I actually added to Tesla when it
was in this range 140 right before their
earnings now I said specifically this is
not an earnings play but it just seems
pretty cheap right now it seems too
cheap so I bought more now it’s up what
it’s up 18% but then another 13 % on top
of that so somewhere around 30 35% it’s
up since I bought it so a good buy there
for sure but that’s the thing with Tesla
if it gets too low you just have to
swallow it up in my opinion right if it
gets close to a30 priced earnings you
buy it okay now it doesn’t get there
very often but when it does you know you
got to have your sniper rifle out zerol
this is a company that or a crypto that
I’ve invested into a lot of big
followers here they’re the leading
lending Market on ZK sync Manta
blast Linea they’re audited by a variety
of companies and they’re also incubated
by mahad da so they’ve got a lot going
um they have a big launch coming up two
important updates about the zero launch
four plus exchanges tier one exchanges
included on day one this is happening in
about a
week so you can join the Discord and
discuss the why in more detail um this
this is going to be a big launch right
they haven’t talked about exactly who
they’re launching with they pushed it
back a little bit because they’ve um
they’ve tried to get a lot of tier one
exchanges in on this but you can see a
little bit more information about the
tge 15 to 17% of the supply will go to
the community as an airdrop 90% of this
drop will go to suppliers and borrowers
on zerol lend how big is the drop 15 to
177% of the supply 5% through zero
gravity 10 to 12% through early zero
vesting for Community both zero gravity
points and early zero drop will have the
same vesting 40% up front three uh 3mon
Cliff 3 Monon linear so you can go get
verified on Discord join zerol lend
Discord and verify to earn 100 zero
gravity points so there’s some things
that you can do to get a free airdrop as
well now go follow them on Twitter if
you haven’t done that already I again
this is going to be a big drop in my
opinion I am invested to be
clear just uh want to throw it out there
but I again I think this is going to be
pretty big and lar Davis let’s bring it
all back to bitcoin a massive Bitcoin
supp is uh Supply shock is
brewing a lot of people you know we get
lost we get lost in the price action you
know we’re down a couple days a couple
weeks a couple months and we just kind
of
forget with Bitcoin having Just
Happening miners now produce 450 50
Bitcoin a day us spot Bitcoin ETFs alone
have been buying over 3,000 Bitcoin on
the average day now this is the average
right it’s not the last week or two
that’s why part of the reason we’ve seen
uh just kind of trending sideways or
trending down Hong Kong spot ETFs are
about to start trading starting tomorrow
Asian countries like South Korea Japan
Singapore China are all looking to
approve Bitcoin ETFs following Hong
Kong’s lead Australian Securities
Exchange is expected to approve spot
ETFs by end of year institutions
worldwide are lining up to own a piece
of the Bitcoin P Bitcoin Supply on all
exchanges is at an all-time low OTC
desks are running dry the Bull Run is
going to get way crazier than you think
and this is all when the
financial uh the financial markets have
not been expanding right we’ve been
actually Contracting money supply we’ve
had very difficult conditions we’ve had
high interest rates right there’s not a
ton of liquidity imagine when liquidity
starts moving up again right it’s crazy
to think about but the price of Bitcoin
will Skyrocket there’s going to be
scarcity and yeah it’s going to be an
exciting time so I hope you have your
hands on as much Bitcoin as you wanted
because you don’t know when we’re just
going to start shooting up and we don’t
come back down let me know your thoughts
though underneath the video are you
ready for this next leg up or do you
like us trending sideways again there’s
a link to Marx to blof fin also to coin
W and you can check out Cino Network
underneath the video as well thank you
so much I appreciate it I will see you
in the next video

Website: camino.network
Whitepaper: https://camino.network/static/docs/Camino_Network_Whitepaper.pdf
Public sale: https://camino.network/public-sale

As always DYOR. Thanks to Camino Network for sponsoring today’s video!

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