Hello, everyone. Welcome back to another episode of Crypto Viser, where we talk about everything, crypto block chain investing. In other news, the finance space, hopefully everyone is doing well. Don’t forget to subscribe Downbelow. That way you can be notified every single time I upload a new video, which is every single day. I am also in the process this week of doing a Cardno swag giveaway. So make sure that you hit. Subscribe and watch all of my videos this week. I will be giving key words to comment in the dust, the comments section down below on certain videos throughout the week. And if you comment that key word and are subscribe to this channel, you will be entered into a drawing for card. Donald Tanjim cards card Duno ADA. Metal hardware wallets which are limited addition from Crypto Supreme and the Iowa HK teams also have two year anniversary card Donald t shirts and an LP pal wallet. So don’t forget to subscribe and also watch these videos daily. Today’s all about Bitcoin. First up and by the way, Monday, Tuesday, May 11th or twelfths, depending on what time zone where you live in the world, is the Bitcoin having. And this is why we are seeing a run up to above 10000 dollar Bitcoin. As you see different websites is showing different amounts. I am recording this on Friday, May 8th for Saturday, May 9th. So the price may be a little bit different, but we’re going to see a lot of volatility up to and then after the bitcoin having. So all I’m going to say is pay attention. I have this really, really good charts from Rawle, Paul, that we’re gonna go over in just a minute. But I want to go over a few quick articles with you, and then we’re getting into what Rand Paul says about where Bitcoin is going. One of Bitcoin’s earliest miners is dedicating 66 million dollars to a in crypto to a fund of funds. Bicks in one of the earliest Bitcoin miner operators and wallets startups, is dedicating six thousand six hundred Bitcoin worth sixty six million dollars to a new fund of funds. The company announced the fund of funds with its proprietary capital on Friday and said it aims to invest in global quantitative trading funds whose strategies are based on arbitrage. Bitcoin futures contracts and trend analysis. By providing additional liquidity and market making activities to these trading desks amid Bitcoin scheduled having event, Viksten seeks to increase its holding in Bitcoin as part of its unwavering commitment to Bitcoin, the firm said in a statement. Liu Feh, who joined Bicks in from We’ll Be Exchange in late 2018 and who oversees the mining business and the fund. A fund says, quote, We are strong believers in Bitcoin and it’s now what we want to see. The Bitcoin ecosystem in China and elsewhere are in a silo. We hope the fund of funds can contribute to a better global liquidity structure for the Bitcoin ecosystem. So a lot of money is going into this is going into the fund of funds. A lot of funds are starting to pop up now. If you’ve been following my guys, I try to lead you in the same direction that I go. Okay. And if you’re a member of this channel, I started this channel in late 2018, like, really started doing an I bring videos to you every single day. Typically two to three videos a day, but at least one video every single day of the year. And we just passed 10000 subscribers. I try to give you guys a blended view of all these crypto projects, everything from a financial aspect. And I have been telling you guys about great scale Bitcoin trust for at least a year at this point. And the reason that I’ve told you about it is because, in my view, not a lot of people know about it. Not a lot of people are trading it. Not a lot of people are investing. And I’m talking about large scale institutions, are we know that. But still, the amount of money that Greyscale is collecting from these institutions that are investing in Greyscale products is so minuscule compared to the overall markets. Right. So that tells me that this is and this is like an investor and this is what this is all city guys, if you guys want to, like, really be successful. As an investor, right, whether it’s a trading or whether it’s a long term investor, you have to look for things that are not highly valued but will be. I think it was Raul. Paul, if you guys don’t know who Raul Paola’s. He is CEO of Real Vision. He was former Goldman Sachs. I think global trader. He’s a global macro investor, business cycle economists, investment strategist. He has almost two hundred thousand followers. He’s fairly accurate. And if you watch some of his stuff, it’s I mean, Real Vision is a very good Channel two to watch here on YouTube. But, you know, I don’t know how much clearer these things can be. A raw pile had a an interview with what’s his name, Anthony Pump Liano. And they were talking about investing. And it was it gut brought up somehow where he’s like, you know, when I tell people about Bitcoin, they’re like, well, I don’t understand about Bitcoin. Bitcoin isn’t money yet or Bitcoin isn’t big yet. And he’s like, well, that’s not the point of investing. You don’t invest in something when it’s big. Think about Tesla. Think about all of the excitement around Tesla, around Amazon. Right. I want you guys to think about this currently in the current environment that we’re in. People still want to buy Tesla at eight hundred dollars. People still want to buy Amazon’s stock at over two thousand dollars. You already missed the boat. You definitely missed the boat. I mean, how much higher can Amazon go? It’s gonna go to three thousand dollars. Maybe maybe it has a higher likelihood of going down in price than going up. Same thing for Tesla. And when it comes to Bitcoin and specifically greyscale, greyscale is I want you guys to think about this. Grayskull is the first s e c regulated cryptocurrency product ever. Greyscale is the only open market product for crypto currencies in the United States. Greyscale has about one percent of the total supply that will ever be in existence. It’s about one and a half percent. And right now they have about two percent of the circulating supply of Bitcoin. I mean, I don’t know how much more you need from an investor standpoint to see that these type of products you need to get in before your neighbor starts talking about it, before your coworker starts talking about it. Right. And this is why I’m telling you now you’re seeing all of these funds popping up. Why do you think that is? Because there’s more demand for the funds from institutional investors, from hedge funds, et cetera. This is other news that just came out, Bitcoin fund. This was on May 8th. Bitcoin fund completes forty eight million dollar exchange traded offering. Just don’t tell Americans. The Toronto based investment manager, three IQ Corp. has completed a forty eight million dollar offering and its Bitcoin fund trading on the Toronto Stock Exchange. Just don’t tell Americans. A statement released that day detailing the investment opportunity makes it very clear in bold letters that the top not for distribution to United States newswire services or for dissemination in the United States. In spite of being traded on the Canadian exchange, the value of the investment is denominated in U.S. dollars. I mean. Guys read the writing, right? While not technically the widely anticipated big Bitcoin exchange traded fund or ETF that many institutional investors have been waiting for. This is a closed end fund better described as an exchange traded product. The price of Bitcoin increased five percent. Yada, yada, yada. We know that the investment code led by Canaccord Genuity Corp and Wealth Partners, all included all these is not allowed to be marketed in the U.S. to investors, as the U.S. Securities and Exchange Commission has been reluctant to approve similar products for U.S. investors, namely Bitcoin ETF. Last year there were a few that were supposed to be coming to either approval or denial, and they all got tonight a disclosure at the bottom of the statement reads, This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act. Sorry, Americans. So, again, Vitt, these ETF, these large companies, I understand what an exchange traded fund is. I get it. For some reason, the FCC does not want an ETF for Bitcoin, at least not right now. I don’t know if it’s because of price manipulation concerns. I don’t know if it’s because of the global aspect of the Bitcoin. I don’t know. But they will not approve an ETF. And when I look at ETF versus like a greyscale fund, I mean, guys, in my view, maybe an ETF is not what we need in the crypto space. Maybe it is these trust funds that are going to hold the actual hard asset underneath it and custody it and own a lot. I mean, guys. It’s very telling that all of these funds are popping up and that they’re not focused on the United States at all. And they’re making it very, very clear. So. And the other thing that I’d say is the system in the United States, the investing system, the open markets. Right. It’s set up against the everyday American right. Most Americans will have no idea how to transact, how to trade, what is a good investment, what is not a good investment. They will not know a great I’ve talked to so many people that I know about Greyscale. And it just goes right over their head like they understand the concept, but they don’t understand. I can double my money on this. You know, I could potentially get huge gains way over, you know, transacting in stocks or futures or options or whatever. So anyway, Raul Pough posted this on Twitter just the other day. He said Bitcoin. Bitcoin porn and the perfect setup. Chart one is the perfect wedge. If you use classic charting techniques, it gives you a price target of around forty thousand dollars. So this is the Bitcoin chart. It shows you from twenty seventeen highs. And you can see this wedge right here. And we are we’re getting very close to the tip of this wedge. And then really it, it’s either gonna go rock it up or rock it down. But you can see it appears that we I mean, in my view, during the next pump, huge pump or bull run, whatever you call it, we will probably pass this last all time high. So Routt is putting a 10 a 40 K price target on this. He said chart to the perfect little wedge on a log chart. Well, that gives you a price objective for this run. Potentially. Keyword is potentially of one million dollars. Okay, so I’m going to show you the next chart, which explains how you get to the one million dollars. This is another wedge to show you how tight it is. And then chart three is the perfect regression channel. This gives a one standard deviation move to four hundred thousand dollars and a two standard potential to one million dollars potential potential. So these are the standard deviation lines. The gray ones. So if it hits one standard deviation, it’s at 400000. And if it hits two, we are going to be at a million dollars. Again, when you’re looking at a zoomed out version of the charts, you can see how clear this is. And again, these are potential. This is not guaranteed to happen. But these charts are making it look even more and more close to where we’ve been waiting, which is a Bullrun and higher prices. Raul Powell says whatever plays out after a key technical break like today, this was a few days ago, the probability of vastly higher prices has risen dramatically. And this is confirmed by the stock to flow models by 100 trillion USD on Twitter. And the breakout has happened almost exactly at the happening. Add to that the entire world’s central banks are either see their currencies collapse to the almighty dollar or they are printing money like crazy. Huge quantitative easing. Fiat meets the hardest money that automatically quantitatively tightens bitcoin winds. So what the Bitcoin having is it’s a reduction on the new coins that are produced. Right. It’s in reduction on the inflation rate where that is going to be happening in parallel to the United States printing trillions and trillions of dollars. We are almost at 10 trillion dollars in less than a year of new money being printed. And that is going to continue. It’s going to get larger and larger. But these things are happening in parallel. I keep seeing this two guys in parallel crypto potential bull market, quantitative easing with printing money rates going lower. Economies shut down. All of these things are going to at some point be realized. And when I say be realized, I mean, the price is going to move up. The market is going to stop this Fakhoury that we’re seeing. Hard assets are being suppressed, crypto currencies, gold, silver, other metals are being suppressed, significantly suppressed, while the stock market continues to go up. And mind you, I want you guys to keep in mind the stock market index indexes, right. Or indices. Dow Jones, NASDAQ, S&P, these are all blended indices. Right. So if they’re not performing well, they remove the underperformers and put better performing stocks into the index. The other thing to think about is these large cap stocks, Tesla, Amazon, Google, Facebook, they have very high market capitalization so they can push the price of those stocks up by a small percentage. That equates to billions or tens of billions of dollars. And that in itself can rise the index while the majority of the stocks are still in the red. I have seen and I’ve told you guys the stocks that I got trapped in in my portfolio, which are very few. I pretty much dumped all stocks last year, but and traditional investment products. But the ones that I got trapped in negative. Ninety five percent. Negative 90 percent. And we don’t hear mainstream media talking about this. We heard it when Bitcoin went down. Ninety five percent, but not when some of these other stocks have gone down. Ninety five percent. And we’re going to see more of this. We are definitely going to be seeing seeing more of those. I mean, think about just retail. J.C. Penney stock right now is like I think 18 cents just a few years ago was at seventy dollars. Right. Don’t hear about that on CNBC. What do you think Macy’s going? Where do you think Kohl’s is going? All those stocks are dropping. Bed, Bath and Beyond limited brands. All of these brands are going down. Probably a lot of restaurant chains are probably not going to do that well, either. So anyway, this is all happening in parallel to the Bitcoin having quantitative hardening. So we are really going to see what is the winner is a quantitative easing or quantitative hardening. Rand Paul continues saying this is one of the best setups in any asset class I’ve ever witnessed, technical, fundamental flow of funds and plumbing all. Now, again, to be clear, even if it has 90 percent odds, doesn’t mean it’s definitely going to work. I can and will be wrong often and dramatically. Good luck. Expect horrific volatility both up and down. But you can’t make five x 10x or one hundred X returns without large drawdowns. So be careful how much you put in. This is really the best advice. It always feels like you have too little until it doesn’t. And then you wish you didn’t have so much. So, you know, I don’t provide financial advice, but what I can tell you guys is if you want to trade and you want to hold, do them separately, take a certain amount of money and say, I’m going to take this money and I’m just going to trade this amount. If I lose it, that’s it. If I gain on it, I’m going to take the profits and put it in a separate account. So you’re pulling your profits separate from your investment and you haven’t trading money separate from holding money because you have to play this market differently than you’ve played it the last three, four years. You have to. We’re in a different environment. We’re in a different time frame. We have a lot going on simultaneously. So this is about diversifying portfolios and understanding. If you’re holding just Bitcoin, that may do well, but it may not because you may go up in there. We’re going to come right back down. There is going to be extreme volatility. And this is where it could be a good opportunity for some people to start getting their feet wet with trading. But again, you have to do your own research. You have to understand the risks involved. You have to understand that you can lose all your money and never take investment advice from anybody on YouTube. Do your own research. This should be a piece of your research and something to get you to think. But you have to do your own research. I’m not a financial expert. I’m not a financial adviser. And nothing I say should be perceived as financial advice because it is not. These are my thoughts and my opinions. And I happen to agree with Rand Paul. I think that this is all happening in tandem. You know, it’s hard because I want to keep buying. Right. But we’re also in a situation where you have to have capital available in case something else goes wrong. I mean, the economy shut down. Unemployment is out of control, et cetera, et cetera. Pay attention. Invest responsibly. Let me know your thoughts in the comments below. Don’t forget to subscribe. I have giveaways going on all week. So check out all my videos. See guys in the next video and crypto on.