Bitcoin’s PARABOLIC Phase Is About To Start!

    the having event what’s going on well
    you got to give it time okay you have to
    give it time there is very very very
    little Supply in fact it was cut in half
    that’s why it’s called a having event
    okay and demand is not slowing down it’s
    just a matter of time before the price
    catches up I said that before and people
    didn’t believe me when we were still at
    30 40K I’m like you know what you look
    at all the great fundamentals
    that support Bitcoin going upwards it’s
    just a matter of time before the price
    catches up we’re in one of those
    situations right now okay so you just
    have to be patient just a little bit of
    patience that’s all you need because
    according to finix the demand is already
    5x greater than Supply and that will
    only increase from here on out okay so
    have have a little patience you know
    Black Rock doesn’t have patience uh
    Larry f doesn’t have patience he he is
    going after everything according to
    Larry Fink ibit which is black Rock’s
    Bitcoin
    ETF is the fastest growing ETF in the
    history of ETFs so let that sink in a
    little bit the fastest growing ETF in
    the history of ETFs I I don’t know how
    many ETFs exist I’m assuming thousands
    at this point maybe maybe even more than
    that and the
    one that Larry fing really cares about
    is Bitcoin and it is the fastest growing
    in history of ETFs and that is why that
    is why black rock IB black Rock’s ETF is
    only 30,000 Bitcoin away from surpassing
    Gray scale I told you guys this was
    going to happen it was going to happen
    soon you know it’s not actually a good
    thing but considering that grayscale
    keeps selling it it was Nob brainer it’s
    going to happen right so pretty soon I
    bet will be the largest holder of
    Bitcoin due to their fun and I don’t
    know if that’s good or not but right now
    what’s good is at least it’s
    compensating for what grayscale has been
    selling now grayscale selling has slowed
    down recently yesterday I believe it was
    only 35
    million uh I think I have it here yeah
    yesterday gr scale only sold 35 million
    black R added 20 Fidelity almost added
    35 million others are adding so overall
    inflow 62 million okay so I still like
    it’s like black it’s like grayscale
    purposely wants to sell at this point if
    they’re done selling all their big
    shares they should just decrease the
    fees right now you just have have
    regular outflows because the fee for
    gray skills gbdc is like it’s like 10
    times more than the others so of course
    people are going to sell and convert
    right like as if grayscale is doing this
    on purpose here’s another example of two
    financial advisors putting $20
    million of fbtc which is Fidelity
    Bitcoin um ETF
    into their portfolio Okay 20 million I
    know that sounds little compared to the
    billions we usually talk about but it’s
    happening a little bit at a time these
    financial advisors you know family
    offices other fund managers hedge funds
    VCS they’re loading up either they’re
    loading up on physical Bitcoin which is
    funny to say because it’s not physical
    but you guys get what I’m saying either
    physical Bitcoin or a Bitcoin ETF which
    then purchases real Bitcoin right so
    demand is there guys okay now what is
    this this signal for a parabolic bull
    run you may be wondering
    well the having event if you haven’t
    caught caught winning that yet yes
    that’s probably the most bullish signal
    we can have in any cycle but short term
    there are all Al a lot of signals such
    as bull DP bands okay it’s really easy
    you may have heard of this concept like
    a
    squeeze okay how can Bitcoin get
    squeezed well that’s when the bands the
    upper band lower band they like converge
    right and you could see the last two
    times last two times you had that
    squeeze what happened Bitcoin popped and
    went up to a new high right so we had a
    squeeze around what 28,000 and Bitcoin
    got you know squeezed up to 40 something
    and then around
    40,000 got squeezed to 670,000 we’re
    going to get that squeeze now soon
    that’s going to push us possibly into
    the 90 or 100,000 I believe there’s a
    lot of a lot of metrics that support
    that 100,000 is around the corner right
    so we’re getting that
    squeeze which is really good and you may
    be wondering well how do you know the
    squeeze is not going down at downside
    well based on the having event based on
    demand based on the supply and based on
    the great fundamentals of course we’re
    looking in One Direction and that’s
    upwards not
    downwards right so this is a pretty good
    signal but the greatest signal already
    happened and that’s the having event
    right like the having event just you
    don’t you don’t need me to tell you guys
    this because I’ve shown you guys this
    but in case you’re new just look at it
    the greatest signal is the is basically
    the Blue Line okay it’s it’s the having
    event every time we have a having event
    what happens at Bitcoin it starts
    skyrocketing to the moon and we just had
    it it’s really that simple you don’t
    need anything else really you don’t need
    any fancy indicators or signals to tell
    you what’s coming next and what’s coming
    next is going to be absolutely
    mind-blowing it’s going to be beautiful
    we’re going to see this parabolic rise
    no one has ever prepared for it I’ll
    tell you this even people that have been
    in a space for a long time they’re not
    prepared for it either you just don’t
    know it’s like a onslaught of gains that
    smacks you right in the face and you
    cannot you can’t prepare for that okay
    and the only way I mean you just like
    you just feel it afterwards right you
    look at your portfolio you’re like my
    God it’s going up so much and then you
    look at the charts after the fact and
    you’re like okay in hindsight that was
    pretty easy to predict all you have to
    do is wait for the having event and then
    shortly afterwards it just goes up it’s
    that simple but most people refuse to
    believe in that concept just look at
    history here’s another example right
    just look at history you have a bare
    cycle you have a pre- bll cycle you have
    the first bull cycle and then like the
    parabolic cycle basically and look at
    what has happened every single time like
    clockwork it may not be exactly the same
    but every single cycle has basically
    rhymed has moved according to plan but
    if you look at what’s happening in 2024
    we’re actually moving a lot faster than
    2020 or 2016 or 2012 and guess why
    because the ETFs right so we’re like
    ahead of schedule already there’s really
    zero reasons to be negative or bearish
    like I see some people in the live chat
    saying oh I’m not so feeling so good
    about Bitcoin are you kidding me what
    are what are you looking at how could
    you not be bullish on bitcoin right now
    it makes zero sense zero cents slap it
    out of you okay we are going upwards and
    if you needed more proof this is a
    really good metric to to show us if
    Bitcoin has topped out okay like if
    we’re in that parabolic phase and we’re
    about to top out right the MV rvz score
    and you can see it has been pretty good
    it predicted the tops of previous Cycles
    like in 2014 in 2017 even
    2021 okay but you could see where we are
    right now nowhere close in the Red Zone
    the parabolic phase is about to start

    In this video George talks about the lack of movement since the Bitcoin halving and what is around the corner for BTC.

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    0:00 Bitcoin Halving
    1:03 Fastest Growing ETF
    3:17 Bitcoin Retirement Holdings
    4:11 ETF Inflows
    4:28Bitcoin Squeeze
    7:10 Bitcoin History

    🔴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.

    28 Comments

    1. Guarantee Greyscale is doing it purposely. All the money they're making from the fees, I wouldn't be surprised if it was to drive everyone out to other ETFs to make all that money from fees, then use that money to buy back BTC just before or as it's super pumping. They might be able to buy double even triple what they could before

    2. I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

    3. This hype of parabolic state is unrealistic. Market never tells what will happen. It usually moves opposite direction. Only small number of people make money from crypto. I think BTC will crash so hard before elections. Be careful with your cash.

    4. If you love bitcoin, you will like litecoin, the digital precious metal. The scarcity of litecoin (LTC) is a key feature of its technology. Litecoin the digital silver is the second oldest coin on the market, and since its inception in 2011 it has been never so far compromised or hacked, and like bitcoin, litecoin has a finite supply of 84 million coins, cannot be debased, frozen, or seized, and as a store of value and a true decentralized digital commodity, LTC possesses innovative Mimblewimble (MW) protocol that enhances transactional privacy and scalability, and Proof-of-Work consensus (PoW) as well, unlike e.g. ethereum and other cryptos which became centralised unregistered securities when they transitioned from PoW to PoS.

    5. Now is the perfect time to start buying stocks and crypto( BTC, ETH,) if you are just being introduced.. I really wish I started earlier. I’m learning this doesn’t have to be as complicated as some people make it out to be. Thanks to Kerrie Farrell for helping me get into her trading server and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some weeks I was making a lot more money and have continued on that same path with…

    6. parabolic through the floor. cryptos major pump dump trap run your money through banks collecting interest off your money…….its a numbers racket scam…no value on any update….these guyz making money talking shit

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