In this video, huge news, guys. One of the most famous investors in the world is now announcing officially and publicly that he is buying Bitcoin and in the Bitcoin price. I want to talk about this huge triangle pattern, a multi-year pattern that I’ve been talking about and the fact that Bitcoin is now since yesterday, officially breaking out of this pattern. What does this mean for the Bitcoin price in the following months? I want to talk about that and so much more. And if you think that that sounds interesting, that and you should difficult. Hello and welcome to the Moon Mermans. I’m here to bring you this cryptic, crazy video. And look at this, guys. Yesterday, I reported that the bitcoin price is breaking through this yellow trend line and that this is very, very good news because this is such a massive trend line. And just like I said yesterday, it is the most important trend line in Bitcoin history. And here you have it, Evers’s 2015. This trend line has been providing support. And just like I said back here, this is a bad sign that bitcoins breaking below it. And of course, we did see a huge plunge to the downside. Now we are seeing the opposite. This is a good sign. And actually, since yesterday’s video, the Bitcoin price has come up another almost 10 percent. And a very, very brief briefly actually popped above ten thousand dollars, but it’s currently back below 10000. And I’m going to show you something else that is very, very interesting, because right now, not only, of course, breaking through this. This bullish pendant that I was covering. And what I’ve been saying is that this bullish pendant, if it breaks to the upside, is going to have a target’s up at approximately ten thousand three hundred. And currently, Bitcoin is, of course, on its way to the upside. So this bullish pendants played out very, very nicely. But of course, yesterday the question was, is Bitcoin going to break through this major, major resistance level, which is a major trend line going back many, many months. I want to show you even a few years where we zoom out here. You can see how this trend line started in 2017. And we’ve got a rejection here in June 2019 and then another rejection in February 2020. And these long term trend lines are usually extremely significant. And currently, Bitcoin is actually breaking through it. And like I said previously, I said, I think that if Bitcoin breaks through this level, then, of course, this is a very bullish signal showing us that the bulls are in control and that the bitcoin price very well could go bullish in the next few months and of course, years. And the having is coming up in only three days, guys. Only three days to the Bitcoin having we’re getting so close right now. And if I put this line right there, this is the Bitcoin having and you can see how Bitcoin is currently going bullish into the having. And of course, the big question is what will happen after having? And obviously, due to the fundamentals, it’s likelier that the Bitcoin price is going to do well after the having rather than do poorly after having because they’re having is such an important bullish event for Bitcoin fundamentally. So, guys, we are setting up we’re setting up for a huge bull run in the next few months and years on the weekly, daily timeframe. Obviously, anything can happen. We can see ups and downs. But I really believe that the next few months are going to be bullish. And you can also see here, of course, this big triangle that I’ve been talking about and the fact that Bitcoin is breaking out of this triangle. This is a symmetrical triangle and we have some very, very important points of contact as support and resistance here. So I think that this is very interesting, seeing such a massive pattern, multi-year pattern breaking out to the upside. This could be a very powerful move if we get a weak look close above these levels. Of course, I want to also point out that the ten-point five K level is the last key level to break. So the summary here is that the two things that I’m watching now are the weekly close to make sure that the weekly close is closing bullish here and also the ten-point five K level. Two very important things to keep an eye on in the next few days. And next up, huge news. Paul Tudor Jones buys Bitcoin as a hedge against inflation. And who is Paul Tudor Jones? Well, he’s one of the most famous investors globally and he is now embracing crypto. And I’m going to read this Bloomberg article, which is currently going viral. Macro investor Paul Tudor Jones is buying Bitcoin as a hedge against the inflation he sees coming from central bank money printing, telling clients it reminds him of the role Gold played in the 1970s. So already you can see here how this macro famous investor is clearly pointing towards the flaws of their monetary system. And it’s also comparing Bitcoin with gold. And this gives Bitcoin a lot of credibilities. Of course, hearing something that is coming from such a big name in the financial markets. And Jones also said, quote, The best profit-maximizing strategy is to own the fastest horse. He said that if I am, too. If I am forced to forecast that my bet is that this will be Bitcoin. So he’s very, very bullish on Bitcoin. According to these quotes, Jim Jones, who said his Tudor BVI fund may hold as much as a low single-digit percentage of it of its assets in Bitcoin futures, becomes one of the first big hedge fund managers to embrace what until now has largely been snubbed by mainstream advocates. He was motivated to take a hard look at Bitcoin after considering the implications of massive fiscal spending and bond-buying by central banks to combat the Coronavirus pandemic. He said by his calculation, three-point nine trillion dollars of money, the equivalent of six point six percent of global economic output, has been printed since February. Quote, It has happened globally with such speed that even a market veteran like myself was left speechless. Jones, 65 years old, wrote, quote, We are witnessing the great monetary inflation, an unprecedented expansion of every form of money, unlike anything the developed world has ever seen. So this is a very bullish quote, of course, from this. This macro investor and Bloomberg state here that the question for a macro investor like Jones was how to hedge. He said he considered various bets on gold treasuries, certain time types of stocks, currencies and commodities before recognizing a growing role for Bitcoin. And Jones also said, quote, I am not hard money nor a crypto nut. He wrote The most compelling argument for owning Bitcoin is the coming digitization of currency everywhere accelerated by Colvard 19 and further down. He also says that government and corporate debt levels are exploding, making it harder for the economy to digest increases in borrowing costs. He said that and the possibility of, quote, no longer a sacred cow that the Fed chairman becomes a political tool of the administration in power raises the likelihood that rate hikes will be slow to come and smaller than needed, he added. And I think the most important quote by him is the following. Quote, Bitcoin reminds me of gold when I first got into the business in nineteen six seventy-six, he wrote. Jones said also that he remains a fan of gold and predicted that gold can go to Toop and Fourcade and possibly even up to seven six point seven K. If we went back to the 1980 Extreme’s and guys, this is something that I’ve been talking about on my channel for such a long time, for years now, that the institutional investors are going to come into Bitcoin. It’s inevitable because these people are intelligent. And if I can see that the debt levels are insane and that the currency crisis is coming, then obviously these people know it. They’ve known it for years ahead of when I started to research all of this stuff. So it’s, of course, interesting to see that we are seeing this unfold now. And Bitcoin is actually the antidote to inflation because it’s a deflationary asset. Inflation goes down every single every four years. And eventually, we will have zero percent inflation, maybe even negative inflation, because people lose Bitcoin over time. And remember, guys, that every single dollar and euro printed is yet another reason to buy Bitcoin because printing truths of dollars like this out of nothing magnifies the flaws of the current monetary system we have. And we need an alternative. And I think gold and bitcoin are both fit to become a world of currency. But I think Bitcoin is probably the best thing we have, even better than gold because of its digital nature. And by the way, someone asked me yesterday what charting program I am using and I am using a trading view. This is the program I’m using. And if you go below this video into the description, you find my affiliate section and all of these affiliate links are links that will take you to these products and services that I use myself. So you have the trading view link right there. Make sure to get trading you a pro. It’s an upgraded paid version, but it’s just so much better than the free version. And by the way. Yes, thank you so much for liking my video yesterday. I got a lot of views and likes yesterday. Thank you so much for that. And this is it for this video. Any of you haven’t seen this video yet. Then click right there right now and I will see you guys tomorrow.