Bitcoin Heading to $300k (One Reason Why It’s the Worst Case)

Bitcoin happening is only a few days away now, and everyone is praying that Bitcoin finally starts a descent to one hundred thousand dollars or more. What if I told you that a six figure Bitcoin could be the worst possible case scenario? The creator of the most accurate Bitcoin chart in history now believes the price is going to two hundred and eighty thousand dollars. But he’s giving us a warning. And you may want to listen to it. Let’s get it. We’ll get to it with Crypto News Edition once per day. I’m going to break down the biggest news stories in the space for you. So if you want to know where Bitcoin and all coins are heading to, then make sure to hit that subscribe button and join both my telegram groups, the bid squad for regular cricket chat and Bitcoin traders to discuss trading strategies. All right, guys. Got a weird video for you tonight. We’re going to be looking at the change in the Bitcoin stock to flow chart. This chart is the gospel of all Bitcoin charts. This is the one chart that’s virtually never been wrong. And now its creator is telling us he wishes it wasn’t correct. It is now predicting Bitcoin to go to almost three hundred thousand dollars each. And I can even tell you that that’s above my two hundred and twenty five K prediction. But hey, I’ll take it. But you have to hear this story. We’re also going to be taking a look at the most hated man in crypto taking money directly from the United States. And I’m going to tell you why people criticizing him are dumb. All right. Let’s hit the market. All right, guys, so words can be taken. A quick look at the market right now. Bitcoin could be breaking out as we speak, and it probably will because I just closed a big trade. I just made 40 percent on a trade. I went 25 X, probably a little irresponsible, but I did it and it paid off. Definitely made a huge trade. And I made ups from four. So my losses the other day. But Bitcoin right now coming in at ninety one eighty five. And I’m making a joke when I say the bitcoin is probably about to break out right now because I just closed the trade. I probably could have been up a whole lot more than that. So that’s kind of the you know, the thing that happens to me is I close a trade and then it breaks out. So right now, watching the price to my I am watching the tab over here. Bitcoin went up fifty dollars and about. Well, since I started recording this, as of right now, coming in at actually about 90, 340 this chart right. Years wrong. Uncle Marty Kaplan cappellini refresh it. It’s showing an aggregate price byb it actually right now has the price at ninety three two. It was at ninety three fifty just a second ago. I’m currently not in a position. I actually got in this week down close to 9000 and I rode this thing back up to ninety three hundred so I’m feeling pretty good and it’s good because I got stopped out of a trade earlier in the night. But I’m Brazilian. When I lose money I just say, you know what, I’m going to possibly lose more money and sometimes it works out and make money. So that’s what I did. But anyways, guys, if you’re interested in levers trading of your digits or a gambler or you want to do it responsibly with stop losses and low leverage, then Major, join our trading group, Bitcoin traders and you can use my Bible link by dub Avoid Alive if you’re interested in that. But don’t sign up if you’re a beginner and not come join our group. I want you to come join our group even if you sign up, even before you sign it was somebody else’s link or whatever, because I don’t want you doing stupid stuff. So but right now the price of bitcoin is we see we’re still in an uptrend on the hourly chart, but we have went down to a little cells are down here. But I’m thinking we could be breaking out right here. We could be heading up towards ninety five hundred guys. I firmly believe now, I believe that we will see 10000 hours before that happening. I think we’ll see ten thousands week. That’s my personal opinion. So that’s kind of what I’m doing. That’s kind of how I’m watching the market. The markets are just kind of mad today as you guys you see two percent, one percent gains whenever it’s we’re we’re not gonna go over that too much Bitcoin dominance going up. So that’s not good for all Quint’s. Maybe we might see that number drop off dramatically if Bitcoin does hit ten K. Okay, guys, this story is so fascinating. So basically it says here at the Bitcoin stock to flow creator will go dark if BTC price hits six figures. Now, if you don’t know the guy who created his name is Plan B, you can find him on Twitter. I can’t remember his exact Twitter handle, but he was recently on Andy, probably on his podcast. And so there’s a new stock to flow chart that was released last week. It was a new incarnation. OK, now I want you guys to know this. I’ve been telling you guys I made my official prediction for this bull run about three months ago, maybe four months ago. I believe Bitcoin is going to two hundred and twenty five thousand dollars. That is the number that I believe the last iteration of this showed the price much, much, much lower than that. I think it showed it’s somewhere around fifty thousand dollars. I can’t find it right now where it says here. But the long and short of it is I think the initial iteration was fifty seven thousand dollars. I remember when I looked at the chart, it looked a little closer to 80 K and you could assume the price would go up above that. So probably would have hit over 100k at least. But now a new model is saying two hundred and twenty five thousand dollars on or two hundred eighty thousand dollars on this run. Now, here’s what’s really interesting. All right. Price hoopla. We love price, however. Listen to what he’s saying here. He’s saying that he believes that if the price goes that high. If the model is correct, it will not be a pretty picture. He says it will be nasty, maybe a war, people will have Bitcoin. People have Bitcoin. And Bitcoin is not plural, even though we do use the plural for the beards a bit with podcast OBINZE as people have bitcoins. Some people don’t have Bitcoin. It’ll be some countries have bitcoins. Some won’t have bitcoins. It will be the U.S. dollar losing its reserve status. It will be geo political. It will be military. So is this like an apocalyptic Armageddon thing that we’re wishing for? It’s interesting, guys, is definitely something to think about. But I know one thing. You’re definitely going to want to be on the haves side and not the have nots. Bitcoin is staging a comeback reminiscent of 2017 bubble frenzy. They talk about the happening. This is from Bloomberg. This is getting me so excited. I’ve been watching a lot of old wrestling videos. I don’t know why I. I only like wrestling as a kid for a little bit. But I feel like talking like Hulk Hogan or the ultimate warrior when we’re talking about bitcoins coming on a comeback. Brother, brother, bitcoins on a comeback. And Bloomberg, you got the right idea. But let me tell you, USD, you better not come down to the ring for the Royal Rumble because Bitcoin want you eat your vitamins. That’s right. Kids do it. This got me all worked up late reading this. Just thinking about how now we’ve got blue. We’re trying to. Oh we’re all back. It’s time for. It’s time for Bitcoin to make a comeback. Lovable. It just talks about the happening and stuff. But we’re gonna see more of this. We’re gonna see more normy. We’re gonna see more bewell for the financial sector. Talk about Bitcoin during this happening and you know what’s gonna happen. They’re setting us up to pull the rug right out from under us because what’s gonna happen? The Bitcoin price is going to drop right after the happening. And then all of these fools are gonna say, this sky is falling. Bitcoin is dead. And right when they all write these articles about Bitcoin is dead, it’s going to rise up out of the grave again, like it always does. And it’s going to go higher than ever expected. And people are listening this kind of stuff, because the stimulus checks, people have been actually putting their stimulus checks in Bitcoin. And if you did that, like I told you, would probably be a good idea. As long as it was disposable money, you would be up thirty five percent. How about that, guys? So good to see some people using the stimulus money for Bitcoin, for an investment that can put them in a better position for the long term. Like, I mean, it got out of that trade just in time. Actually, it looks like price dropped a little bit. But here’s the thing, guys. Most hated man in cryptocurrency. I don’t know if it’s really Justin’s on. I think Craig. Right. May get I don’t know. Actually, I think Justin’s on probably is the most hated man in Kristo, Christa Montecristo, the most hated man in crypto that is U.S. hands. Justin’s on a two million dollar CRV relief grant. Trump platforms eved aid money in excess of two million dollars, according to its Chinese. We chat Channel nine. It’s interesting wearing it in second, despite making a slew of recent acquisitions. Now people are losing their minds over this. And this is what I’ll say is what I just said to block chain Brad on Twitter, who tagged me in a post about this. The only people who believe that this is a scandal are people who hate Justin Sun. And it’s KVOA Justin Sun. That’s OK. But just because Justin’s on took money from the government does not make this a scandal. If this was any other crypto company, no one would say anything. You’ve got others in Traunch started out as a Chinese company. However, they are now an American company and they have a totally different name. I know the name. I don’t know if I’m allowed to say it, but I know the name because I’ve worked with Tron in the past and it is a mere American holdings company, so they qualify for relief. Now, here’s here’s the issue. A lot of the purchases that Tron is made no, not BitTorrent, but a lot of the purchases Polony X, that is just his own personal money. The Warren Buffet lunch that he paid for for NAV million, that was his personal money. Those were not necessarily Tron Foundation acquisitions or events. I don’t think Trun Foundation money was involved in plenty. Somebody might fact check me on that. But I know Justesen was part of the investing team. They’ll take that on from Circle. But here’s the thing, guys. He he posted this in his wheelchair and he did this basically to kind of flaunt the fact to the Chinese government of the Chinese people that Haywood’s here try. And here in America, we got we got money from the government. How about that? Because some people that would be in that we chat would interpret that to mean that the U.S. government was working directly with Tronto. Is this a marketing tactic, him posting it in there? I’m not sure, but this is what I want to say. This is why people that are criticizing Justin Sun over this one specific thing are pretty dumb. Let me ask you if you’re an American. Do you give an F about China? I do not. I would take money from Chinese government all day long if they gave it to me. And I would not feel guilty about it. And I would never get it back. And I would run back to America with it as fast as I possibly could. Now they’re communist. I can’t really go over there and start a. Business, but don’t you think they look at us kind of the same way? If you’re a Chinese citizen, should we judge a Chinese citizen against the same morality and standards that we would judge an American patriot? Absolutely not. He’s not an American. How can we expect him to care about our government? Like I said, I would take as much or China as they would give me. So I think it’s kind of dumb to criticize him over that. They went through the legal channels that were provided to be able to get the grant and they got it in his free money. I don’t know many people that would hint, hint, you know, turned down free money. And the government‘s already clearly proven that, hey, it’s not like you’re actually taking money from people. They’ll just print more. So I don’t really understand what the big deal about this is. I’ve had a lot of issues with Iran over the last year. I’ve criticized it a good bit. I’ve been fair. I’ve been fair to Tehran over the. Over this last last year for sure. You watch a lot of my videos I made about it. But this is unfair criticism towards Iran, in my opinion. And if this was any other person’s name of injustice on, no one would care. But now it’s your turn. Do you believe Bitcoin will hit 280 K or not? Drop your comments down below. I hope you enjoyed this video. If you did, then please smash the like button and subscribe to become a member of the fastest growing community in crypto. The Bitcoin. Thanks for watching. Have a blessed day, dear boy.