Bitcoin Holder Warning
Bitcoin holders here is your warning shit’s about to hit the fam because we are seeing Central Bank interest rate Cuts starting to happen the FED won’t be able to hold out much longer jobs data is coming in we I break that down understand the macro situation look at the Bitcoin ETF flows and other stuff lots of big things going on in today’s video so stick around it’s going to be a good time let’s get straight into it with the rate Cuts so have a look at this Bank of Canada reduced policy rate by 25 basis points now had other central banks cutting already Canada is just the latest in a string of central bank rate Cuts places like Mexico and others are cutting rates EU this is very impactful because the European Union as a single economic entity is one of the biggest on the planet and Euro Zone Financial policy is incredibly important so the ECB European Central Bank to cut interest rates for a first time in five years going down to 3.75% from a record high of 4% the ECB said in a statement that price pressures have weakened inflation expectations have declined at all Horizons allowing it to start loosening credit and that’s what these Bank uh interest rate cuts are all about credit is going to start loosening up as the interest rates come down it means that businesses can borrow easier means that regular people can borrow easier it brings more money back into the system more spending back into the system bringing asset prices hopefully up as long as there’s not horrific recessions starting around the globe and this is kind of the last ditch effort by central banks but we don’t have the US in a recession right now some major economies hit recessions technically us hit a recession in 2022 as first two quarters were Contracting but that’s a different story because we don’t count it like that anymore they changed the metrics when things don’t go your way just change the definitions also in the United States announcing the seasonally adjusted non-farm payrolls have increased 277 72,000 in May largest in in since March of this year higher the market expectations and a sharp increase from 175,000 in the previous month the US unemployment rate Rose to 4% in May the first time since January 2022 that it’s higher the market expectations and it had remained below 4% for 27 consecutive months now Peter Schiff weighing in once again Traders don’t understand the jobs report most of the 272,000 jobs supposedly created in May likely don’t exist the unemployment rate Rose to 4% while labor force participation fell to 62.5% declining labor force participation and rise raising wages evidence of stagflation higher for longer inflation is a problem without a doubt and the FED knows that and with stagnant wages we’re not a good place I know stock markets have been roaring and stock markets will probably continue to Roar despite all of this going on because all of this puts more and more pressure on the fed the FED is going to have to cut rates sooner than later uh see expectations now for around a September cut now we may not see dramatic Cuts straight out of the gate maybe we just see one or two rate Cuts this year but the rate cuts are coming make no mistake and as the rate Cuts come in the USA money will start to move out of money market accounts where they’re earning an easy five and a half perc or whatever on their dollars right now that money market money is about $6 trillion dollar right now if a trillion of that enters the stock market in the crypto markets watch out and of course again it makes it easier for corporations to be borrowing money creates more business they can hire more people etc etc etc big things are a foot right now and the FED can’t hold out much longer and not just because of all this stuff but realistically because the FED has so much debt rolling over all the time unless they change course quickly their interest payments on that debt are going to be so crushing that they simply cannot stain they have to cut their backs are against the wall they’ve painted themselves into a corner and of course for our risk assets oo oh very interesting times are ahead my friends very interesting times indeed and look at this here’s some crazy numbers for you Bitcoin magine sharing spot Bitcoin ETFs bought 1258 Bitcoin yesterday this was two days ago when we almost had that billion dollar day whereas miners only produced 450 Bitcoin on the day holy sheit man holy just what that’s crazy numbers Bitcoin ETFs just American Bitcoin EFS ETFs we’re not talking about the Australian ones we’re not talking about the British ones we’re not talking about the Canadians or the Brazilians or the Chinese out of Hong Kong Oh no just us spot Bitcoin ETFs bought 12,000 more Bitcoin than Bitcoin miners produced on the day are you seeing the big picture here is absolute Insanity Black Rock and Fidelity now own a combined 471 th000 Bitcoin think about this just black rock and Fidelity by the end of the year could be at a million Bitcoin between the two of them if we keep even vaguely at these rates these two organizations might hold a million Bitcoin the end of the year do you realize the implications of that how insane that is what that does for the price of the asset and the entire cryptocurrency market in terms of bringing in liquidity and wealth effect big times are ahead Bitcoin new sharing nearly half a billion dollars full the Bitcoin ETFs on Wednesday so we had about almost a billion on Tuesday half a billion yesterday well on Wednesday big big numbers here that we are seeing Black Rock Bitcoin ETF had $347 million on Thursday so like we are seeing wild numbers coming in this week huge huge huge volumes coming to bitcoin every single day this week Bitcoin won’t be at these prices for much longer with that kind of massive pressure coming in similar scientific we covered these guys recently by the way this is interesting they raised $150 million to buy more Bitcoin they already bought $58 million of Bitcoin they are going after the micro strategy play now look $1 million doll I know grand scheme of things we just had billions go in sure okay not the biggest spend in the world but how long until another company does this and then another company and then another company and then another comp and dozens of companies are doing this there is not enough freaking Bitcoin especially when you consider the current prices okay by the way just food for thought nvidia’s market cap is now larger than all crypto combined how insane is that I mean the Nvidia runs my nuts that’s one thing but just how early are we still with crypto where it is not even as a total Market every single coin you’ve ever heard of is not all combined are not worth more than in crazy real quick shout out to today’s sponsor which is it trust guys if you want a way to have tax efficient crypto trading you might want to look into itust you can come over here do a thousand trades and never once hit a taxable event that’s 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again rejected again man this this box right here I been talking about this box a little bit this box right here it’s the box to beat the Orange Line particularly is the line to beat you can see today’s price ralli basically up to that 72k line smacked back down again just smack right in the face that box area more broadly that is the range of resistance that we need to overcome once we get over this nothing my blue skies ahead man up till probably 90k or something where you start to see massive profit taking again from Wales and all that kind of stuff very interesting place for the markets to be and the price went down today as equities went down a little bit on that jobs report because you know yeah okay some more jobs are added but the overall employment rates up and blah blah blah macro stuff right worth paying attention to it does move markets and we see crypto markets moving very closely of course with Equity markets still though that’s our range that’s the price to beat money printers are coming on the the rate interest rates are cutting I mean it’s all lining up for some wild macro conditions that are going to be good for risk Assets Now check this out Mr Crypt share in this one people underestimate how significant this Bitcoin signal is so this is the Binger band uh width so basically when we have these periods of massive compression like we currently have it tends to lead to massive volatility as you can see every time we get down into this range we hit big volatility afterwards now it’s not always upside volatility you do have to understand that the Binger bands tend to be a little more uh less definitive we can say when it comes to the direction it’s going to go in but we are in an uptrending Market more broadly right now currently of course in a corrective phase where we’re consolidating we’re getting closer and closer only a few percentage points away from New all-time highs volatility is coming only question is how soon it comes big news lots of big news today in the altcoin space By the way coinbase has released their smart wallets here we have a tutorial coming for you guys probably next week so keep an eye out for that if you want to know more about that and how it works and all that fun kind of stuff but this is a big big moment because that smart wallet it’s not overnight but that smart wallet over the next year is going to on board millions of people onto base specifically that means my aerody drone bags my Brett bags my Benji bags oh they’re going higher aren’t they they’re all going higher if you ever see my portfolio disclosures Link in the description pin comment on X Willy woo this is a massive Story by the way and this is a day of massive stories and I know we’re always saying that but man the things crazy recently it’s a frothy Market full of all kinds of wild news this is potentially a very very big deal so pay attention Willie woo pointing out this uh story here that the third largest offshore exchange bybit has suddenly opened up registration and authentication for users in China this is a big deal if you don’t know about the China situation it’s a big deal bybit has long strictly prohibited the registration and use of all Chinese users the management team has been very cautious about this that means that means that somebody got the nod the wink wink nudge nudge that China is apparently slowly opening back up to the cryptocurrency markets the fact that bit felt confident enough to do this somebody said something somebody somewhere knows something as Willy woo points out Asia is already bigger than the US and EU combined China is a sleeping giant China loves crypto markets B man crap if China is back I don’t even know what to say guys you need to up all your targets if China is back I mean holy crap all your coins are going to go way higher than you think you want to know how prices go higher you want to know what the rocket fuel is for this cycle Chinese investors are going to be a massive part of we have Bitcoin ETFs spreading across the world we have corporations aping into Bitcoin and if China’s back watch out dude oh that’s gonna be crazy that’s gonna be crazy also Kraken bringing out their IP they’re said to be in talk for pre-ipo fundraising rounds now as Toshi fo Point here points out perfect timing kraken’s IPO will Mark the cycle top during the first half of 2025 just like coinbase did last time around in 2021 Perhaps Perhaps that would be fitting wouldn’t it lots of excitement hype China’s back Bitcoin ETFs are flowing like crazy bitcoin’s at 150k blah blah blah maybe 25 crack an IPO boom good night see you later Market we’ll see if it plays out again like that this time also big news from Robin Hood so Jesse points out here the number one retail stock trading app casually acquiring a crypto exchange saying crypto will fundamentally reorganize the F uh Financial system so Robin Hood just bought the bit stamp exchange for $200 million that’s a very big story because Robin Hood of course already in crypto one of the biggest stock trading apps out there and they’ve just bought a cryptocurrency Exchange big big potential for Robin Hood to go even deeper into the crypto world so guys huge huge huge things happening right now this Market is absolutely primed and getting crazy and I know you’re thinking well why isn’t the price breaking out why aren’t we at 90k yet Lark patience patience nothing happens overnight markets look at the direction we’re heading in look at the big picture look at all the stories China potentially back massive big IPOs happening coinbase smart wallets here rate cuts are coming money printing is happening the fed’s buying back $2 billion a week in bonds starting last week I think big things are happening are you paying attention thanks for watching
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29 Comments
is this what you were ref to? market crashin atm?
Hi Lark, great stuff. What do you think about Layer Zero first Meme called "Omni Cat" its unique and has a great narrative.
Larkypoo buy $KENDU
would like to see the follow up video after this one lol
Like watching water boil.
Lol, BTC crashed. Maybe it's because you love it. Like cramer
I wonder is altcoins not pumping like they used to because now there are so many
The have been a lot of catalysts and nothing is moving. I think this cycle is going to be a disappointment.
And yet, Bitcoin just dumped. Any ideas why Lark?
Thank you!!
HOOO000oooleee sheeet fo fuk sake HEK yah, perfect storm a brewing . Pressure wooo. I keep comin back to add
Comments. Iโm giddy
And where did the price of btc go. Down if anywhere!!!!! Bsbsbsbs
The lack of bots is great!
Yes exactly now it's starting dumping to the down side….
Bullshit by Davis is starting !
Bank of America closing banks.
Thanks for the update
STRaight not SCHTRait. Yeah yeah yeah I got to get a life, but I am picky about elocution. And a guy is smart and good looking as you should speak properly.
STRong not SCHTRong!!
Bro, I bought bitcoin under 20 K. All I care about now is when to take profit. Looking forward to that video where you say the market is overbought on the high time frames
100โs of billions of dollars coming into BTC ETFs and the price can barely get over the previous ath. Why all the fuss if the price doesnโt move? BTC was better off without the ETFs. If early investors and institutions are only waiting for retail to push price up, how is it any better having etfs? It just means more sell pressure now because institutions buy OTC, so all of the BTC they buy (which is most of it now) doesnโt push price up, only down when they sell.
I don't watch your videos anymore because everything is clickbait title like this one.
Lark is jumping for joy, for his benji bag rn ๐
$SBAE
Thank you for your videos mate.. If there is one thing I have learned in recent months it is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. Bitcoin going up is good for the entire market and you can not tell if it's going bearish or bullish. I Would say More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market.I have made over 16btc from day trading with Whitney Eston insights and signals. in less than one months, this is one of the best medium to backup your assets incase it goes bearish…
When everyone in doubt of btc and thought of crash, that is the time when btc will hit ath, market maker need to shake that weak hand
Thank you. Crypto education is what the world needs the most right now. I donโt think that buy and hold is a valid investment strategy anymore. Not too diluted and to a degree, follows Sonal Collinsfx trading ideas and signal tips for your portfolio growth and aggressiveness. she is a woman who has not only taught me what the cryptocurrency trading world looks like but a secret to uplift my finance. Buying crypto and waiting for the price to shoot up is not the best way to invest in the market but buying and trading is Boston
โคpeople are always late to da train ๐ฎ
I hope all the impatient riff Raff sell their Bitcoin and I will keep stacking. See you at the finish line, cryptosuckers. Bitcoin foreverโค
Donโt Coinbase already have like 3 wallets?