Looking good guys looking good but that Brings me to this signal And it's called a Morning Star okay so This is something that I wasn't aware of But someone sent it emailed me today About it my team also told me about it And it's quite interesting and what is a Morning Star Morning Star is when you Have three candlesticks and basically The last Candlestick is taller than the First one and it's long not short Meaning that you're seeing a true Reversal with the price action okay so What does it look like it looks like This Yeah let me see if I can zoom in here Let me try to open this up Uh yeah this is what it looks like so You have a big red Candlestick then you Have a smaller red candlesticks kind of Indicating a bottom then you have a Tremendous Green Candlestick stuff this is black And white so Um yeah so you're not seeing that but You're not seeing the colors but you get What you get what it's showing right You're seeing a bottom being formed and Then you're seeing a really good Reversal that is what is showing now you Would figure with bitcoin's history long History of over 12 years we will see This often right like we would see it All the time but the thing is we don't
We don't see it all the time and the Last time we saw it was when Bitcoin Bottomed out in 2015 when it was at a Hundred hundred and sixty dollars Okay that was approximately the last Time we saw a Morning Star and Afterwards Bitcoin went up 6 365 Percent not dollars six thousand three Hundred sixty five percent ending at Twenty thousand right so going from 160 All the way to twenty thousand dollars And from twenty thousand all the way to Now we have not seen it again Until now Right so this is what it all signals It's an ultra Ultra Ultra bullish signal One that only happened once prior and Now we're seeing a second time so I Can't even calculate if Bitcoin from Right now Goes up six thousand percent Where it would end up It would be astronomically high do I Think we're gonna go up six thousand Percent possibly not it's improbable Because of how high Bitcoin is already Has twenty one thousand but To think that We're we're we're we're starting Something new we're starting a A trend upwards right not only getting Back to our previous highs and breaking Through it and possibly finally hitting
That 100 000 and Beyond that's a real Reality as we're heading into the next Having event and Beyond right that is Definitely in the works or in the carts Right so I'm liking it I'm liking it and this This brings me to what I said earlier Just a lot of people that are in Disbelief they don't quite believe me This this is a head scratcher uh Anthony Scaramucci Because his involvement with FTX I mean It's not it's not a good look obviously Anyone you know tied with FTX before Um you know feeling the pain of that Connection but anyways FTX did buy a Portion of Sky bridge and he's trying to Buy that back but now he's backing one Of ftx's ex-presidents Um Brett Harrison now Brett Harrison Left ftx.us before it all went under so Many people feel like he had nothing to Do with whatever is going on right and He's trying to you know raise funds for Some other Venture and uh the mooch Actually uh gave him some money we don't Know how much but there's definitely Something there right so it's a little Head scratcher why Anthony's garmucci Wants this kind of heat right now trying To back at X FTX President right Doesn't make a whole lot of sense unless He's a hundred percent certain this is a Good play and Brett Harrison had nothing
To do whatsoever with anything within FTX I guess we'll see I guess we'll see Uh onto some more bullish news uh Anthony scaramucci says he sees Bitcoin At 50 to 100 000 in two to three years Right but we have heard this before Ever since 2017 we've been talking about Bitcoin hitting a hundred thousand has It happened yet no right that's why so Many people they don't believe anymore Even though yes we have up and downs a Lot of people refuse to believe right Um and I get it I get it because a lot Of predictions have been thrown out There but to be fair Bitcoin did go on a Tremendous run a tremendous run all the Way up to 69 000. we were cutting a Little short because Fetch your pile start raising rates a Little bit early right and I kind of cut Things short but we were close so to Think that we can't ever get back there I think is Is short-sighted of course we'll go get Back there we're gonna get back to our Previous high and we're gonna go above Uh crypto Focus Bank silvergate reports A huge loss yeah that that was not That that was expected not a surprise Because of their ties with with uh a lot Of these companies that went under but They're still around they haven't closed Doors with loss of a billion dollars in
Q4 that is no joke no joke at all and What's also a no joke is Apply scaramucci says SPF is uh he has a Spot for him in the ninth circle of hell I don't know what that means exactly but Uh the mooch is not not a fan of SPF but Someone who is a fan of SPF Mr Wonderful Uh is still doing interviews and talking About and kind of spreading fear about How other crypto exchanges will melt Down to zero it will 100 happen which I Do agree with over time but as for Exchanges that may be going under in 2023 I don't see a whole lot of Exchange Just doing that now there may be some Companies in the crypto that could be Doing it but overall I think the Contagion Um from what we have seen has pretty Much been limited now the the one Asterisk I would say to worry about is Dcg and what they're gonna do with Genesis and grayscale right but I don't Think they're in a position where They're just going to be absolutely Wrecked and closed doors and that's it I Think they they will find a way to get Out of it however however Um I still have not heard Kevin O'Leary say That uh SPF did anything wrong still not have Not heard that I you know there's just Something about this relationship there
Between Mr Wonderful and SPF he will Back him till The end To the ends of the Earth Not quite sure why but it is what it is What about this coinbase halt operation In Japan right I don't know how many of You guys are watching me from Japan But Japan operates a little bit Differently all exchanges that operate In Japan needs to have like a separate Entity a separate balance sheet it's Kind of like cut off from the main Corporation right so even like FTX Japan Which seems to be very solvent and FTX Is looking to sell FTX Japan Um coinbase operates the same way and Everyone else does but because coinbase Recently had to lay off 20 of their Staff a lot of that staff Was headquartered in Japan so they made A tough decision to say hey it's just Not worth it for us to operate we are Cutting back in case you are in Japan You have a deadline withdrawal for both Fiat and crypto will be available until February 16th okay and customers will Still be able to deposit Fiat until January 20th I'm not even sure why They're gonna allow people to deposit For the next two days but you have two More days for deposits and then you have About a month where both Fiat and crypto Withdrawals will be stopped I don't know
What happens if you forget but uh it's Happening very very very soon right so Does this mean some of you guys may be Wondering well does this mean coinbase Is in trouble they're shutting the Operations well financially I do think They're hurting right now which is why They've been laying people off quite a Lot their stock even though it has Staged a little bit of comeback because Bitcoin uh has started coming up but Still their stock has been hammered like 80 90 percent since its IPO so Financially they're struggling a little Bit right probably not making nearly as Many uh Um collecting nearly as money fees as They used to when when everyone's Trading you know much more but I do Think they're still one of the best in The industry definitely the largest and Most regulated in the US and as the Whole crypto Market swings upwards I Think they'll be just fine but right now It does seem like financially they are Hurting Quite a lot quite a lot what's going on With cardano right uh djed which is a Stable coin that's coming out for Cardano is on track and it's gonna Launch this month so seeing how we only Have two weeks left in this month it's Soon right so will this boost cardano Overall
Quite possibly something else I didn't Know about cardano is that they formed a Relationship With singularity.net which a lot of you Guys are paying attention to because It's an AI play and it's been pumping Right but they actually have a big Relationship Charles hoskinson is a big Fan of Singularity and they are working Together to try to create more AI Projects and get more projects involved With AI so there's that too so cardano Has a lot of stuff going on even though At times seems like there's no nothing Going on but there's a lot of them Developments happening and they're still Trying to work on their governance and Other things right so good stuff Happening within cardano's ecosystem CZ Is helping uh recover some of the Hacked Funds from Harmony a lot of people have Asked me what do you feel about Harmony Are you still bullish my answer is no I've become neutral ever since this hack Happened and also D5 kingdoms left but It does seem like those hackers are Getting desperate still trying to cash Out of those stolen funds funds and CZ Actually told Hoy B to stop it so they Actually froze about 124 Bitcoin that They try to cash out right so CZ does Say that according to this thread that He and other security teams will finance Security not him himself but binance
Security to other exchange Securities They talk so they kind of you know help Each other to stop this kind of thing Although he says not every exchange are Collaborative uh hopefully those are Like the smaller ones and not the bigger Ones Um so that's that's pretty good I'm Pretty sure it's gonna be returned to Harmony and the more they return the Better it is For the project so Good stuff and also they're they're Going to allow institutional investors To keep collateral and finance custody I Didn't even know binance had their own Custody I knew that Gemini and and Um coinbase did but Finance also has Custody so now they're allowing Institutional investors to keep Collateral and binance custody and off The exchanges I guess that's good I guess that's good Um but you know who's not hurting is Finance and binance now just opens up in Poland so any of you guys watching from Poland it looks like you'll be able to You'll be able to trade In Finance Okay good good overall but first what Happened today in the U.S market well Tomorrow's future Market again looks Like it's going to be a red but today
Actually finished in the green for Nasdaq So that's positive even though Dow Jones Got pulled down almost 400 points why Because of Goldman Sachs because Goldman Sachs reported the worst earnings in Over a decade but the thing is though Not all banks are struggling it's just It's just Goldman Goldman their CEO David Solomon said you know they they Did too much they screwed up right but Other banks are doing quite fine some in Fact they're doing making money hand Over fist still right so this is not a a Broader thing where you're seeing all The banks having problems which overall Is good if you think about it right so Even though today you had one major bank That brought out brought down I should Say Um kind of us kind of the whole whole Market you argue that but did not affect Bitcoin or crypto or Tech you know the The Bitcoin related stocks shot up today Coinbase shot up Microsoft I mean micro Strategy shot up the mining company shot Up right Tesla shot up today was just a Really good really good recovery day Really good recovery day Bank of America So cbdc's are the future of money and Payments I don't know if they're Referring to The the you know the FED dollar right Um the the digital dollar that's coming
Or in general Cbdc's from across Nations everywhere or In relation to stable coins within a Crypto space right but ultimately I Think all these guys are preparing for The future and that is utilizing digital Currencies okay and Stop using the the traditional financial Payment rails which are archaic and slow And costly You don't need none of that when it Comes to payments crypto blockchain Settlement times Ledger you know Everything that that comes with what we Have right now is so much Superior and Faster and cheaper There is a market Bell In the industry So They recognize it we recognize it and That's why we're in this space that's Why we're in early all right uh lastly Just Just added a blue out of the blue Um my I have relatives in Taiwan Um my aunt was watching the news and Then she she came across this I mean it Was broadcasted live but then now here's A clip on YouTube but this this uh you Know they're talking about whatever they Were talking about gold they were Talking about stocks and then they Started talking about Bitcoin and then All of a sudden they show my face on
There so I don't know if you guys Understand Chinese but I'll just play it Real quick In a good way but there's a lot of again Models and indicators and unchain Metrics that show that yeah it's it's Definitely recovering from its bottom Here's one Just to throw it out there pretty Amazing never thought that I would be Shown on a Taiwanese News Channel And they probably never thought that I Would notice but somehow I did I did so it's pretty good overall
