Crypto Update: Everything Is Working Out!
By MoneyZG
Summary
Topics Covered
- Buying Bitcoin at Its 200-Week Average Is a Long-Term Win
- Quantum Is a Virus That Makes Bitcoin Stronger
- This Bear Market Isn't Like Previous Ones
- Long-Term Capital Is Mopping Up Bitcoin in This Bear Market
- Cheap Energy Is Required Before the Fed Can Create Credit Safely
Full Transcript
Hey guys, it's my crypto update. There's
seven points I want to touch on in this video. All important for I think people
video. All important for I think people with a medium or long-term view. Right
now, trading short-term so difficult because you're trading real events in the world.
Like we're you know, going upwards on a ceasefire. Is that going to change? Uh
ceasefire. Is that going to change? Uh
we're not party to that. We don't really know what's going to happen. So, you're
trading some real life event that may or may not happen, which is extremely difficult to predict. As for the technicals, we look okay here. Now, bears are going to say that this is another bear flag like we got here. Maybe we'll break down
a bit. Maybe if we just are in a bear
a bit. Maybe if we just are in a bear market, it's going to take a lot more time to just bottom out. Um but things are quite positive right now. This is
very clearly a big support here that we found.
This was the previous all-time high basically, this red box. So, we we've, you know, met support here again, which you would expect.
We don't know what's going to happen short-term. Could get way worse. Could
short-term. Could get way worse. Could
get better, right? So, it's kind of difficult to predict. So, I want to get to the first point, which are medium to long-term points here that I'm making.
This is the long-term trend of Bitcoin, and Bitcoin is at its long-term trend.
It's actually at the 200-week moving average. This for any investor that
average. This for any investor that wants to save money over time in this asset, it's a great time to buy. Don't
worry about, you know, can it go down 20% or 30%? What's going to happen in the world? That gets worked out over
the world? That gets worked out over time. Like
time. Like wars create new currency actually cuz you just blow out the fiscal deficit of all the all of these countries, which ultimately means that Bitcoin has a higher price over time. Um in the short-term, we don't know, but
medium-term, you're buying Bitcoin at its trend rate, which has always been a good idea. If
you think the asset's going to grow, this is a good price and you're getting that growth. So, it's a decent time to
that growth. So, it's a decent time to buy, you know, regardless of what's going to happen over the next few weeks or or not, right? If you do trade Bitcoin and
not, right? If you do trade Bitcoin and crypto, uh click the link to buy bit down below. If you're a new user, make a
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as well. So, click that link, you can get a bonus up to $30,000. The second
point is quantum, which is the biggest fraud we've got to deal with in uh Bitcoin for sure, crypto, many other systems. Uh the valuable thing about Bitcoin for me
isn't specifically like the encryption or any of the other technologies. I
think the technologies are used as a means to an end for the actually important thing, which is the idea of Bitcoin. That's the important and
Bitcoin. That's the important and valuable thing, which is the idea of having a digital sound money with a truly fixed supply.
And we are using technologies as a means to an end to affect the idea, which is the actually valuable thing, which is sound money. That's the thing we have searched
money. That's the thing we have searched for for thousands of years. That's the
idea the encryption and and everything else that we use is a means to an end, and it will change, and it will upgrade.
And so, I think what's happening now, and you can see this. This is a a research report about making Bitcoin quantum safe. There's another one right
quantum safe. There's another one right here.
What we're seeing now is that a virus has attacked the idea of perfect sound money. Quantum The quantum virus
sound money. Quantum The quantum virus is attacking us, and the white blood cells are starting to react.
And this is what you would expect of a system that wants to defend itself, right? And I think it's actually healthy
right? And I think it's actually healthy that we get attacked and the system gets attacked. It must get attacked so that
attacked. It must get attacked so that the white blood cells can develop responses and defend the body, right?
And the idea of sound money with a fixed supply, that is the most important thing. The technology will change over
thing. The technology will change over time. The important thing here is that
time. The important thing here is that the the big virus that came, that the news and the narrative around it has sparked life uh some action into this, right?
And I just think we will upgrade. It
will happen because everyone's money is at stake. So, why would it not happen,
at stake. So, why would it not happen, right? Notwithstanding the technical
right? Notwithstanding the technical details, which uh from what I've read, it is technically possible to upgrade, and that therefore it will happen.
Because why would everyone just not want to do that with their money?
A- Again, this isn't really a short-term thing. I think it's going to happen
thing. I think it's going to happen maybe 5 7 years, right? But it's going to be a process.
But ultimately, I think the virus attacking Bitcoin is good because that's how you get stronger and defend in the future. So,
it's the idea that's the important thing. This isn't a short-term thing for
thing. This isn't a short-term thing for me. It's something that is going to have
me. It's something that is going to have to happen. But again, medium-term thing,
to happen. But again, medium-term thing, and I think seeing the white blood cells start to react is ultimately great. The
third point is the Clarity Act, which seems like it has the best chance of going through since they started negotiating.
May still not go through. Maybe just
part of a negotiation here, but Congress has spent half a decade trying to pass it. Time is now.
it. Time is now.
This is Treasury Secretary. So,
there is support for it, and it seems like the big issue here with stablecoin yield has been uh negotiated. So, that
will go through. Um it's not really important for Bitcoin, to be honest.
Getting 2% on stablecoins in a financial account is is still fiat, right? I mean,
that's not an investment. It's good for cash on hand. But
the big thing is if Clarity and G- I mean, uh Genius is already through, but if Clarity goes through as well, it just means that a future uh regime in the states can't just come out and ban everything like they were before, right?
Just saying everything was a fraud and stuff. And
stuff. And so, they can't do that. So, if this goes through, I think that's good for the next, let's say, 10 years.
Won't change anything in the short-term.
I mean, everyone's offering Bitcoin and and crypto now anyway, right? Um but I just I think it's good for the next 5 or 10 years where the market can say to itself that that long-tail event is out out of
the way, and so we can just actually go full steam ahead into the whole entire industry. Bitcoin needs crypto. Crypto
industry. Bitcoin needs crypto. Crypto
needs Bitcoin, I think. And so, this is good overall if it goes through, but let's wait and see. The fourth point is that this bear market is absolutely nothing like previous bear markets.
Previous bear markets, everything collapsed, and there was a decent chance that the industry was like just going to collapse to nothing, and it was going to fall away.
In this bear market, you've got Morgan Stanley launching a Bitcoin ETF, and it was the best first day of trading of any of our ETFs in a bear market.
And Bitcoin's 70,000 a coin. It's not
It's It's at trend in terms of its price, but 70,000 a coin, right?
I mean, if it's a few hundred bucks a coin, a few thousand dollars a coin, this thing's one of the biggest assets in the world, and it's only just starting to come into tradfi. And you've
got the best, biggest, you know, longest-standing uh financial firm saying, "We're launching products, and they're the best products we've ever launched." Like
launched." Like if that's a bear market, so be it, right? So, it's kind of hard to be
right? So, it's kind of hard to be bearish for the for the medium-term.
Forget the price, right?
Like adoption is happening, and it's just proliferating, and everyone wants this asset still. The fifth one is strategy, which we've not had in previous bear markets as well. They
launched a product, STRC, where you give them dollars, they'll go and buy Bitcoin, and they'll give you the first 10% or 11.5% now of the Bitcoin return, and they'll
manage the cash balances and everything like that. So, reducing volatility for
like that. So, reducing volatility for you in a cash-based instrument, and they take the Bitcoin on the back end, which they hope to go up, you know, 20 30%.
So, they take maybe, you know, 10 or 20%, give you the 10% with lower volatility. That product is exploding.
volatility. That product is exploding.
It is extremely popular. We've never had that in a previous bear market as well.
Um also, on crypto, the amount of uh dollars and other assets coming into crypto platforms is just going through the roof. I mean,
you've just never ever seen this in a bear market either, right?
And it's BlackRock, and it's like the big firms launching. So,
when you look at fundamentals, that's fantastic. The price can do anything.
fantastic. The price can do anything.
Like there was a war, right? So, yeah,
price is going to come down a bit. Um
but it's really just not something to worry about when you're seeing these things actually become successful right in front of your eyes, right? RWA
on-chain market cap, you can see it exploding. Stablecoins have flipped the
exploding. Stablecoins have flipped the bank the backbone of banking. Like
you've got stablecoins now doing more transactional volume than ACH. I mean,
we we successful. We we won.
Everything we said would happen has happened, and it is happening, and it's just not even It's not even stage one yet, right? This is massive industry.
yet, right? This is massive industry.
Now, strategy as well, STRC is doing $250 million 30-day volume.
Um that's a lot of Bitcoin buyers.
And these guys, the whole point is that they don't want to sell the Bitcoin, right? So, they're not some trader who's
right? So, they're not some trader who's coming in who, you know, bought a bit, is a hedge fund or something like that, is going to sell some because when they've made a 10x, they just go into some other new thing.
Right? So, you're seeing ETFs, long-term capital strategy, long-term capital coming in and just mopping up uh Bitcoin during a bear market, and that's why it's 70,000 a coin and not like 10 or 20
or 30 like it was, right, previously.
You know, you've just got more buyers here. So,
here. So, this institutional long-term capital is very bullish. Point six is the new Fed
very bullish. Point six is the new Fed chair that's coming in over the next few months. So, a lot of this market worry
months. So, a lot of this market worry may go away a little bit. Um but again, I don't think this is ultra short-term.
This is more medium-term thing. Fed
chairs usually stay in for 8 years, which is two terms. Um we'll see with him, but it's at least four.
He's dovish on rates. So, rates are probably going to come down. And he's
also in line with the current administration, which again may may change actually like halfway between, but the strategy is that they want to close the border.
So, no new people in. Uh and the way that they're going to get um economic activity back in is these tariffs, which brings activity back in and export out.
So, that creates the economic activity for them to boost GDP. Uh now, with lower rates, that can also boost a lot of um you know, GDP and and spending and encourage credit creation.
The whole entire financial system, right, is based on credit creation, and you need that running.
But the thing is, right, is that you can't just create credit without creating goods and services cuz then you create massive inflation. So, the whole point here, what what the strategy is is go massively into AI, productivity,
everything else, uh tariffs to bring back activity, create credit against create credit against activity. The
production is the productivity, which you can create the credit against to move GDP higher. That's what they want to do.
And the strategy is going to work now because at the moment you've got the strategy from the administration working against the Fed, where Powell is like this stubborn mule who just says, "I'm not going to help you out at all."
You're going to get a Fed chair who's going to be part of it at least for a while, at least for a couple of years.
And so, their strategy can work, but let's see that, right? Cuz I think um the this leads on to point seven, which is the current war, right?
You can't just print money into an energy shortage, because then you just get inflation. So, the whole point of
get inflation. So, the whole point of everything here, I think what they've been trying to do with Venezuela and Iran and everything, they need very cheap energy, cheap oil,
cheap gas flowing around the world, and they need an abundance of that. Once
you get inflation coming down from that cheap energy, you can then massively create credit off the back of that. And
that's what they want to do. They want
to create credit, they want to increase the currency supply massively, want to get that flowing into markets to boost economic growth there. That is their plan. And with the Fed now on board
plan. And with the Fed now on board after this change, that can potentially happen. The war thing, they want all of
happen. The war thing, they want all of this sorted so that oil and gas comes down, not up. Uh and you have to go through this in the short term because of everything that's happening. So,
that's the seven points. The issue is a lot of things could not really work out as planned, especially with the war, which is an issue.
You've got a medium-to-long-term time horizon, I don't think this matters. We
know that currency has to be created one way or another. And
Bitcoin's just going to carry on this curve because the adoption, which is clearly carrying on, and the debasement of currency. If you trade Bitcoin and
of currency. If you trade Bitcoin and crypto, check out the Bybit deposit bonus down in the description below.
Click that link. Anything you deposit, they'll give you a bonus. I'm James and I'll see you in the next video. Thanks
and I'll see you in the next one.
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