What’s up, guys? Welcome back to another video. So in today’s video, we’re going to be talking all about the Bitcoin price bouncing from this eighty-five hundred dollar level and pushing up to potentially test recent highs. Now, there is a very, very important price that Bitcoin has to break. In the next few hours or days if we want to remain bullish before this halving. So that will be coming up in today’s video. Not only that, guys, but I’ll be taking a look at a trade that was posted in the trade calls recently. We will also be taking a look at some a theory analysis. And then finally, in the later half of the video, we’ll be moving on to the U.S. Treasury to borrow three trillion in three months to pay for the pandemic, which is absolutely crazy. Then roundoff, the video with an interesting article about John McAfee is. Ninety-nine percent certain he knows who Satoshi Nakamoto is. So, guys, all that good stuff coming up in today’s video. I can’t wait to share it with you. Make sure you sit back, relax and get ready for the video. All right, guys, welcome back to another video. Thank you for joining me again. I did take a couple of days off, which is very nice. However, I cannot wait to bring you this video today. As always, guys, if we haven’t already, let’s smash those likes up and hit that one K like a target. And if you haven’t already and you do enjoy my content, make sure to subscribe and take that notification bell. Also, guys, today I’ll be announcing the giveaway winner of the trees. A storage device is usually on every Monday. However, I didn’t upload yesterday, so I’ll be doing that giveaway today. So stay tuned to the end of the video to see if you in the trees a storage device. And if you wanted to enter for next week. Drop your comments down below right now, guys. And that will give you an entry. So without any further ado, let’s take a look at the Bitcoin price. So, guys, we all know we had this nice pump up to around nine thousand five hundred dollars. We did get heavily rejected there. Came back down to eighty-five hundred dollars. Pretty much establishing this around eighty-five hundred dollar range. And this bold white line as a reasonable level of support. Now, again, the price came up. We tested above this nine K level, which we’ve had a little bit of trouble with here prior to this. And we actually tested above this nine K level, which is really nice at about nine thousand two hundred and five dollars in that range. We then it broke back down testing this eighty-five hundred dollar level again, bouncing from it up. And guess where we went. Well, we went back to that nine K level. So we are going in between these two ranges here around nine K to on the upper level and about eight point five K on the lower level. Now where Bitcoin is out right now is really, really important. We can see here that we have here we created a lower high, which is definitely not good. The high here was upwards of nine-point five K, and then the high here was upwards of around nine thousand eighty dollars. However, from here to here, we actually created a new local high, which is very, very good. And it’s very nice to see this local high on the candlewick is about nine thousand two hundred and ten dollars. So guys, if we can, in fact, break nine thousand two hundred and ten dollars in the immediate short term, in the next few hours or the next day or so, we would potentially be setting a new higher high local high or high for Bitcoin, which would be really, really nice. The short term price of Bitcoin. So that’s pretty much where I think or I hope we can go if we can, in fact, break that nine-point two K level and hold above. That will be really, really nice. However, just keep in mind, in the past this nine K level not only is a psychological level of resistance, but it is also a fairly big level of resistance on the chart, which we got heavily rejected here prior to that. So do keep that in mind that we could just fall below nine. Okay. Go back down, test the eight-point five K again. That wouldn’t really be anything out of the norm. So that’s pretty much that for the Bitcoin price. If we go over to the daily chart now and take a look at that 200 daily moving average. We can see we are still very much above it. We’re still around about 12 to 15 percent above the 200-day moving average, which is really, really nice. This 200-day moving average will start to creep up to this eight point five K level in the coming weeks, which is really, really interesting. And that could also form a strong level of support if the Bitcoin price does continue to keep climbing. I hope this 200-day moving average can slowly come up here and form another layer of support around the eight-point five K. That’ll be really, really nice and a good solid level of support. Of course, guys, the 200-day moving average is a really lagging indicator as it is over 200 days. So that thing does not move fast at all. So that’s pretty much it for the Bitcoin price. I will be getting old going over a little bit more in later in today’s video. I wanted to let you know about trade call I put out recently. I put the call out on around about May the 4th at 11 a.m. and since then the price has actually gone really, really nice and profit upwards of six percent profit. However, this was a leverage trade call. So if you were on a 10X, which I said I was trading with, they’ll be around a 60 percent profit, which is really, really nice. And a lot of people were actually making some nice profit on the trade. Calls will be linked down below. And that trade actually took over on feme X, which is really, really nice. And if you did want to join fee mix and trade with leverage, of course, is risky, but there can be some great rewards there as well. If you deposit zero points to Bitcoin, you actually get a hundred and 12 dollar bonus if you use my link Downbelow. So click the link Downbelow below. Make yourself an account on Phoenix and start trading. If you are a more advanced trader. If you mix is pretty much the best platform as it allows you to have subaccount so you can go long more and go short on the other or trade five x leverage on Monterrey 10x on the other. So I really recommend that. So guys, without any further ado, let’s get into theory at price. So a theory. We had an ice top over here at around two hundred and thirty dollars, give or take. We then found a lower high. We brought that lower high but then fell further down. And fortunately and we came down and tested that 200 dollar level of support. Now, two hundred dollars is a huge level of theory. It’s pretty much like the 10k level of Bitcoin. It’s a huge, huge level for a theory. And we did see a nice solid bounce from this 200 dollar. Level, which is really, really nice to see. And we are, in fact, climbing in price. I do hope we can test back up to this 220 dollar level up here for a theorem that will be really nice in Amede in the short term. Sorry. We do have to break this 210 dollar level, which we see support from here and resistance from right here. So if we can, in fact, break that level and go up, that will be really, really nice. If we go over and have a look at the 200 days for a theorem, we can see what’s going on there. So we can see a theorem is still well above the 200-day moving average. It’s around about 20 percent above it, which is really, really nice to see. We did have a lot of trouble in the past with the 200 days moving average here testing it. And then finally breaking out above it on around the 17th of April, which is not actually that long ago. So things are looking fairly good for a theory at the moment. I do like this massive bullish room we are having from it. It’ll be very interesting to see if we cannot break that level of resistance and continue to that 250 dollar level, which I think theory can reach in the medium term. So let’s go on to the first article of today, guys. The US Treasury to borrow three trillion in three months to pay for the pandemic. This is absolutely crazy, guys. The US Treasury Department plans to borrow nearly three trillion between April and June to bankroll the federal response to the pandemic. It’s an unprecedented level of deficit financing to match the historic economic hit by the virus in a single quarter. The government will borrow more than twice as it did all of last year, which is absolutely insane. Let’s read that again. The government will borrow more than twice as much as it did all of last year in a single quarter. That is absolutely crazy, guys. Yeah, it’s insane. The increase is privately held. The increase in privately held a net marketable borrowing is primarily driven by the impact of the outbreak. Of course, we know that the government had expected the influx of cash during the April June quarter as businesses and families paid their income taxes. But the tax filing deadline was pushed back until July. Which is understandable. The Treasury Department says it expects to borrow another six hundred seventy-seven billion between July and September. She’s just crazy. Despite the surge in federal debt, the government is borrowing the government borrowing costs remain low. The Fed Reserve has promised to buy as much Treasury debt as necessary to weather out this pandemic. This is the time to use the great fiscal power of the United States to do what we can to support the economy and try to get through this with as little damage to the length on the productive capacity of the economy as possible. So this is really, really interesting, guys. Do you think this is going to have an impact on the value of the US dollar? Let me know your comments down below. I’d be really, really interested to see what they are on to reply to them. Also, by doing that, Ill enter you into the stocks trays at storage device giveaway so that they further do. Let’s get onto the next article. So, guys, moving on, let’s take a look at the final article of today’s video. It’s a pretty interesting one, actually. John McAfee is 99 percent certain he knows who Satoshi Nakamoto is. This is a really interesting article. And it goes on to say, McAfee described the popular belief an individual named Toshie designed Bitcoin as nonsense. Starting it was a team of 11 people over a period of five years that came up eventually with Bitcoin. How they decided who wrote the white paper. I don’t know anyone who wants to know who it is. I mean, you can just you know, who the options are. You’ve got Craig where possibly I’m not going to name anyone else. Otherwise, you’ll figure out who it is. But somebody wrote the white paper. I don’t personally think it’s Craig. Right. And many people don’t. However, there is more to come. McAfee asserts that linguistic analysis of the white paper, also known as stylometry, is all that is needed to uncover Satoshi identity. If you read the white paper, no one is totally clear. He’s English. Every single word has a different spelling in English. An American is English. Number two, he left tells basically and the way he formatted and typed the white paper, you can tell pretty much who it is. He’s saying if you buy a 200 dollar authorship program and take the white paper and you run it through and you take any one of the papers that this so-called Satoshi has published, all of these people wrote papers, by the way. Only one comes out with 90 percent probability it’s him. McAfee recounts that he had previously planned out, probably reveals Tosches identity before deciding against it, such after a phone call with the individual. He basically went on to say, and you know what? He told me, very smart. He said, OK, what if you’re wrong? He goes, if you’re right, then she told she is going to have to hire 50 security guards and change his life or else he will die. Why? Everyone’s gonna want a piece of him, including the governments that demands that he pay taxes. It goes on to say if he’s wrong or that individual now has had his life change and could potentially have some sort of suicidal thoughts or something like death. Could negatively impact his life. If he’s and if he is wrong. That’s a really interesting article. I do somewhat agree with how you can analyze how words are written and copy that on to other papers. I’ve been ripping written. Sorry, and you can kind of find out who it is. Leave your comments down below on this article. And if you think Kathy is right or you think he’s just talking a load of tosh. All right, guys. So the moment you’ve all been waiting for now at the end of the video, I’ve chosen the video from last week. Let’s see how many comments there were. There was actually 300. Keep going. 400, 500 G’s, OK. Four hundred and ninety-four unique comments. Let’s choose the winner. So the winner of the trades at storage device is. Crypto king commentated great to go. Congratulations, dude, you all the winner. If you do want to get in contact with me and just send proof of your YouTube channel that it is actually you and you will, in fact, win the giveaway prize or the equivalent in Bitcoin. So congratulations to the winner. Don’t worry, there’s always next week so you can keep commenting as it takes two seconds to enter. So that’s pretty much it for today’s video, guys. As I said, I really hope we can break this nine-point two K level if we can. I’ll be really, really nice of all the halving. But that is pretty much it, guys. Don’t forget to check out feedback’s which will be linked down below. Pretty much my number one recommended leverage exchange. If you deposit zero points to Bitcoin, you’ll actually get one hundred and twelve dollars bonus for free. So thanks. Watching D video, guys, and I’ll catch you in the next one.