2 DAYS TO THE BITCOIN HALVING!!! WILL THE BTC PRICE DUMP OR PUMP?!!!

In this video, the Bitcoin having is coming up in just above two days. And the Bitcoin chart is looking very, very bullish. However, I do want to show you a small, short term bearish sign. And guys, Bitcoin is the best performing asset in 2020 so far. I want to show you exactly how. Well, because performing not only against stocks but also against old coins. And look at this. The U.S. unemployment rate skyrockets to fourteen point seven percent. This is the worst since the Great Depression. So why is the Dow Jones going up on this news? I want to share my thoughts as to why the financial markets seem to be completely disconnected from what the economy is showing us. And if you think that that sounds interesting, that I think that you should difficult. Hello, guys, and welcome to the Moon. My name is Carolyn. I’m here to bring you this trip because the video and the having is coming up in just over two days. And everyone is asking for. Of course, if this is going to result in a big pump or a big dump. So let’s take a look at some key support and resistance here. First of all, Bitcoin is still above this long term logarithmic support line. And if Bitcoin to reverse from these levels, then this support will come in at approximately nine-point to nine point one thousand dollars approximately. So let’s just keep in mind that we do have a strong support level behind or below Bitcoin currently at approximately nine points one. But I want to go back to this chart because I think this might be more important for the short term. Bitcoin did break above this level. This is resistance, this downwards trading resistance. It is bigger, a horizontal triangle. And this is, of course, also a bullish sign. This is a good thing. Whenever Bitcoin breaks long term resistance, that’s bullish. When we break long term support, that’s, of course, bearish. So this was a bullish turn of events. But just like I pointed out previously, we need to keep in mind that there is one level that needs to be broken and it is the ten-point five K level. And I think many people are probably talking about this level because it is, of course, a very significant one. We did see Bitcoin struggle to pull through right there. And we also got another rejection right there. So we know that this is a problem area for Bitcoin. But if Bitcoin to break above this level, then it’s basically blue skies. Not a lot of resistance up here. And if I bring up the V.P., is this should become very obvious to you. Here you can see, I think the V.P. the are very, very beautifully shows us that this is the last big resistance from this wide horizontal level and above this level up here. We have much lower volume traded. So, yeah, it’s very obvious if Bitcoin breaks through here and it clearly has a decided break, then I think that breaking above the next few resistance levels are going to be very, very easy. And it’s very possible that twenty thousand dollars are going to be met much sooner rather than later. But up until that point, I think we should be cautious because we could see a correction before we break through this level. So do we have any signs of a coming correction? Well, not many. If I’m gonna be honest, most of all, the patterns and most indicators to me look very bullish. But if we go back into the four-hour chart, we do see one bearish sign that I want to point out right now. And to show you this, we need to pull out the R aside and let me actually delete these other lines. Now, just to make this much more clearer to you, and what we see here is a bearish divergence, a possible barrister virgin, so we can see how we have a high and the high. But in the RSI, we have a high and a lower high, which means that the chance of correction is much higher now than just a few hours ago and just a couple of days ago. So let’s just keep in mind that we could see small short term correction. Something that is also possible is that we get the last spike up to ten point five K to test that resistance. And basically we get something like this, a triple bearish divergence. This is also possible where we see that this is something that, yeah, this is this is a scenario that could play out. We do have a lot of resistance at ten point five came back. So this is not really a prediction at this point. I just want to give you this heads up. We are forming this bearish thing, this bearish signal on the four-hour timeframe. And next up, Bitcoin was actually the best performing asset of 2019. But it’s also the best performing asset so far in 2020. Let’s take a look at this image. So back in 2019, Bitcoin had a return of ninety-two percent, the Nasdaq only thirty 35 percent, and the S&P twenty-eight percent and so on. You can go down here because of the treasuries bonds. Yeah. A lot of different assets here, including gold, had a return of 18 percent. The interesting part is that in 2020 we have something different because 2020 is a very, very unusual year because we’re seeing a huge financial crisis and bitcoin is still up. Thirty-nine percent. U.S. Treasuries are up 21 percent. Gold is up to twelve point five percent. The major stock indices are, in fact, down. The Russell 2000 is down 20 percent. We can see how. The MSCI e m is down almost 20 percent and the S&P 500 is down nine point four percent. So basically Bitcoin is outperforming all of the major stock indices globally and also outperforming gold and even U.S. Treasuries. 20 years plus, this goes completely against the narrative of the Bitcoin sceptics and the Bitcoin bears saying that Bitcoin could never survive a financial crisis. And many people thought it would be done at zero by now. But guys, Bitcoin is still at approximately almost ten thousand dollars. That is a huge achievement for an experiment like Bitcoin because Bitcoin is basically an experiment. No one really knows how this is going to play out in the next two decades, let alone the past few years, have also been completely new, completely unpredictable. And I mean, guys, you know me, I’m very, very bullish on Bitcoin, but I cannot see the future. I don’t know if Bitcoin is going to be worth one hundred thousand, one million, five million or three thousand in 10, 20, 30 years. But I really believe in Bitcoin because of the fundamentals. So I see a future with a very high degree of certainty with where Bitcoin is worth at least hundreds of thousands of dollars, but most likely millions of dollars per Bitcoin because of the flaws of the current monetary system. The inevitable collapse of the US dollar and the fact that people will be looking for alternatives and bitcoin is a perfect alternative because it is decentralized and also digital, which is perfect for forum for a new form of money today. But interestingly, we can see that Bitcoin is also completely outperformed the old coin markets, just like this article says from a U. Dalts today, bitcoin back in February was at nine point six K proximately. And you can see how all of these old coins have negative returns since back in February, both against the U.S. dollar and also against Bitcoin. So Bitcoin is outperforming everything here, not only old cause but also the stocks and gold. Bitcoin is performing extremely well right now, and I don’t want to jinx it. I mean, it is possible that Bitcoin might have a correction and Bitcoin might basically go down before we see further improvements towards the end of the year. But so far, so good. And a Bitcoin is performing much better than all of the sceptics would have assumed. And guys, the Bitcoin having is now coming up in only two days and 17 hours, 18 minutes, but more accurately, in three hundred and ninety-four blocks. This is the most accurate way to predict when the having is taking place because when this number reaches zero, that’s when we having it takes place. And here are some interesting facts. Since the last, because having the hash rate is up seventy-eight X, the exchange volume is up seventy-seven X, the minor revenue is up to fifteen X market cap of fifteen X and also the price is up 15 X. That’s an impressive four-year run. That begs the question, what is going to happen until the next bitcoin having. Well, I predict something very similar. Similar like this may be a little bit lower returns, but still magnificent, fantastic returns compared to anything else. And I’m talking both in terms of price, but also in terms in terms of on Shein fundamentals, just like hash rate. Hash rate is very, very important. It’s like the measurement of the security of the blockchain. The higher the hash rate, the better. And here you have a very interesting chart of the Bitcoin inflation. So from 2010 to 2013, this was the Bitcoin inflation. And then we saw the first having then the inflation rate was like this. And then we saw the second halving and the inflation rate went down even lower. And the interesting part is that here we have because inflation, this yellow line down here is the gold inflation. And after the next having coming up in just two days, the Bitcoin inflation will actually be slightly lower than that of gold. And if Bitcoin were to match the market cap of gold, then Bitcoin has to go to a price of somewhere between four hundred thousand to six hundred thousand dollars. That is, of course, an extraordinary run. But then again, when Bitcoin reaches these levels, gold has probably already reached a higher market cap. So if Bitcoin is going to overtake gold, then maybe it is gonna have to go above a million dollars. And look at this. This is a very, very key fact. The search volume for Bitcoin having is now 300 percent higher than the peak of the previous having back in 2016 here. Look at this. This is where the search results are currently. And this was the peak of the previous having this means. Many, many more people are currently researching Bitcoin, learning about having. And this is very bullish for the immediate prize, but also, more importantly, the future price of Bitcoin, because the more people that research Bitcoin, the more people will be turned into the holder. Because in my opinion, I think it’s kind of inevitable that when you understand Bitcoin, that you buy Bitcoin and then hold Bitcoin. It’s very, very hard to sell Bitcoin when you know what it is. Right. When you understand Bitcoin and when you start researching the monetary system, the flaws of the dollar, the flaws of the central banking system, it’s very, very hard to sell Bitcoin. Like I’ve said before, it’s much riskier to sell Bitcoin rather than buy Bitcoin. That’s extremely accurate based on previous price action for the past eleven years in Bitcoin. And next up, the U.S. unemployment rate skyrockets to fourteen point seven percent, the worst since the Great Depression. That is a very, very bad statistic. This is very bad. However, the stock markets did actually go up on this news. How is the Dow Jones going up when we’re seeing the worst job numbers since the Great Depression? Well, the obvious answer is that the markets are irrational, but the more specific answer is that we’re seeing a lot of quantitative easing in the form of lowering interest rates and printing trillions and trillions of dollars worth of currency around the world. And it is not only the Dow Jones that has been going up like this ever since we saw trillions and trillions of dollars started to pump in. If we take a look at the German index, for example, it looks basically the exact same up like this. And if we take a look at the Swedish stock index, it looks exactly the same. I mean, it doesn’t even look like I changed the chart. But basically, they just look the exact same. And I could go on and on here and show you more stock indices from other countries. But I guess the point here is that the financial markets are disconnected completely from the economy. These bad job reports should make investor people. They should make people bearish. People should sell. People should think this is bad news. But in times like these, it seems like good news is bad news and bad news is good news. And I’m not sure exactly why this is the case, but maybe it is so that now that we know that governments print trillions of dollars of currency in bad times, then the more bad news we get in terms of unemployment numbers, the more people expect more trillions of dollars to be printed to prop up the stock market. So basically bad news is good news because this means the government will print trillions of dollars and prop up the stocks, making the stockholders make more money. So, guys, I don’t know. Please leave your comments down below what you think about that. But interestingly, we do see articles like these showing us that maybe the jobless rate is much higher than fourteen point seven percent, according to Labor Department. And according to their estimates, this rate might be closer to 20 percent. Why? Well, because the jobless rate should have included people on temporary unpaid leave. So basically, they are measuring a very narrow amount of people. They could include many more people that are actually not working. And for example, if you work for one hour every week, does that mean that you’re employed? Well, literally, yes. But should you really be included in the numbers of people being employed? And also, of course, unpaid leave if your own parents leave. All of these temporary jobless people. I mean, how temporary could it really be in tough times of these? I think that all of these temporary leaves might turn into permanent leaves and maybe we should calculate them into the jobless rate. And yeah, just like this article says, maybe it’s closer to 20 percent, which means that one out of every five Americans here or out of a job right now. And I believe that these numbers are probably very accurate. Also, globally, we’re seeing a global crisis. Now, this is not an American crisis. This is completely global. Thank you very much for watching. Please give a thumbs up if you enjoyed this video and if you haven’t seen this video right there right now. And I’ll see you guys tomorrow.