Welcome back to cryptos R Us I’m George We’re all George so good morning start Of Trading week It is Tuesday Um but This Market does look like it wants to Break into red but what’s not red is Bitcoin Bitcoin is still on its way up And I know a lot of people are still in Disbelief does not think that Bitcoin Can go up further from here but today I’m going to talk about the exact point That Bitcoin will start breaking out Absolute important point or level to Look at all right let’s get started Welcome welcome you could see Bitcoin Slowly trending higher actually we just Touched like 21.5 just a few seconds ago But we’re at 21-3 which is a few hundred Higher than last night when we were at Like 21-1 which is a few hundred higher Than the day before it’s just slow Trending at this point More and more People momentum is coming back but the U.S market Is about to open in about three minutes And it’s looking red right now it’s Looking red but I’ve been saying this For a while Bitcoin is actually the Linear indicator for Tech and for us Markets because whatever Bitcoin starts Moving up you generally see the market
Yeah they may start out like kind of Negative or neutral and then you see it Flipping and green we’ll see if it still Happens today but there’s a good chance Of that there’s a good chance of that Now there are some banking stuff banking Reports earnings mixed Goldman Sachs Posted it’s worse earnings in a decade Their revenue was so off it’s crazy that They’re not selling off more in Pre-market right so some of the banks Not doing good some of the banks are Morgan Stanley says well they they are Okay because of their wealth management I wonder if they’re wealth management Did so well because they recommended Everyone to go buy Bitcoin Because that’s what all the wealth Management groups of these banks are Doing they’re telling their their their Most wealthiest uh customers like hey You don’t want to be ignoring Bitcoin at This point you know we can help you buy Some Bitcoin well maybe I don’t know I Don’t know if that helped because 2022 Was actually pretty bad for Bitcoin we Know that Um but Bank of America It says cbdcs 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 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 we lost them a billion dollars in Q4 that is no joke no joke at all and What’s also a no joke is Anthony 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 SBF 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 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 All right
So outside of uh outside of those things What’s going on with Bitcoin right so Still a lot of people trying to guess What’s going on with Bitcoin is this Really A recovery is this really uh a turn Turning point from bottom or is just a Sucker’s rally right uh well that’s what Many people are trying to figure out and I covered this yesterday if you look at The market cycle Um you know Is this Is this Belief I do believe so I do believe so I Think that we have come up from bottom And we have been angry we have first of All capitulated we we were angry and Also in depression for quite some time And now that things are coming up we’re Kind of in that disbelief stage but Eventually as we cross this important Level that I’ll get to in a little bit We will get out of it and move into hope And then optimism and that’s when fomo Really starts building right and then we Go All the way up to Euphoria and that will Probably be in 2025 so we got some years To go we got some years to go but that’s Where I think we are right now in Disbelief and we will Move past it but in the meantime uh Here’s some models from willywoo who is
Uh analyst a Bitcoin analyst and he has Some of his own models here’s one that’s Called cvdd it’s it’s a way to to Measure basically the the long-term Holders transferred to short-term Holders or vice versa something like That I don’t quite understand it but it Does look pretty good though in terms of My measuring bottoms It looks like a moving indicator right a Moving uh average but you could see this Has been true All the way back since the beginning you Could see the bottom point in 2012 and Then this also hit somewhere around 2015. then it hit and stood there for a While in 2018-2019 and guess where we Are right now we have hit that point in 2021 2022 and now we are flipping above So this is a pretty accurate bottom Indicator I would say a hundred percent Right so this is looking pretty darn Good and here’s one measuring cost basis Of short-term and long-term holders Again you can see Very similar to previous drawdowns Previous bottoms and here’s a macro Index while my camera’s cutting this off But you guys you guys You guys uh You guys can see right there Right so again All these models are looking pretty darn Good pretty darn good and then from
A trading perspective indicator Perspective you look at this is the Two-week macd so macd has been Showing a turnaround for quite some time Because it’s it’s just it’s been very Very red very down Bitcoin has been very Downright and this in fact according to Stock money lizard is the longest Bearish two-week macd period in history And it just It just concluded we are now flipping Above whenever macd flips above that’s Always a good thing right but we just Gone through the the longest drawdown Ever for for Bitcoin in any cycle we Broke down longer than any other cycle Ever in history so think about that Think about how oversold we are and it Was probably prolonged because the FTX Collapsed without it we were around the Same Mark right now like 20 21 000 we Were moving back up and then we went Down for another few months and that’s Probably the reason why we went through The longest drawdown ever because of FTX But now we’re past that right and of Course you know you look at where we are Versus the next having which plays a Crucial role in how Bitcoin moves right We’re on track even though we’re oh We’re we got delayed a little bit a Little bit because of FTX right but now We’re past that were breaking higher so Very very good here’s also one that
Shows us breaking above the 100 EMA We have a lot of these right A lot of These I mean there’s just so much So much that shows so much data I should Say models and indicators and everything Else charts that show that we are Recovering up from bottom and we are Itching to move higher now I didn’t even talk about the break uh The breakout point right so looking at Moving averages there is one that most People look at if you discount Everything else there’s one major level That people look at and I’m will bring It up right here and that is this white Line and that is the 200 Weekly moving average this is on the Weekly scale okay and you can see this Is the support level now turn resistance That is absolutely huge because if you If you look at this It has been basically the bottom point For Bitcoin going back if I had a chart That went back more it would show the Same thing going all the way back to Even previous Cycles but uh you could see back in 2018. when Bitcoin fell to three Thousand people thought that it was Gonna go lower that it you know it might Have gone to a thousand there were There’s talks about hyperwave going to a Thousand back then right and maybe even Below a thousand to 800 or something but
No Bitcoin didn’t it held at 3 000 and It stood there for a while and then Recovered right and you could see the 200 with the moving average was the Bottom point now the covet crash of 2020. again we fell down very very fast Massive Panic massive massive fud the Market capitulate on everything and Bitcoin did fall for a couple weeks Below that 200 weekly moving average but Then it recovered right so you look at Where we are now We are actually below it we are actually Below it we try to break above we did Fall below and break above right but we Failed here because we had some bad Stuff happen for example Luna crashing Then Guerrero’s Capital crashing then Celsius crashing that Voyager crashing Right even then we try to break above we Didn’t because then we had FTX crashing Which brought us lower right but now we Have reset that we are back to the point Where we are now inching above and this Will be an absolutely huge thing to Break above the 200 weekly moving Average because we have never Ever been this This far off and this long below the 200 Weekly moving average so I think this Will definitely be the breakout point This will verify whether or not this is A suckers Rally or we are in true Recovery because if we can touch upon
That break through it I think we will be looking good and And it’s not just that point too because I turned off the lines that I’ve drawn Right you could see that that point Right there right around there about 24 500 ish right was the previous point one Of our previous local tops so that is Actually a resistance I already Drew out Already right so it it all kind of fits In right there there’s a cross pattern Almost right there Um so I think as we Trend higher which We will right we’re not too far off from There but that point right there That point right there will be pretty Important to break and we could see a Bigger Breakout Or recovery however you want to Define It after we break through here because Then next up is 30 000. right look at This we have no point Right really we fell from thirty Thousand down to 24 you know actually we Fell down lower to 18th right but we Have a little bit of Resistance here but if we break through That we’re back to the 30s So I think that’s absolutely important Crucial breakout point right there Um all right so that’s what I wanted to Cover Overall oh something else I uh I was Drawing out you know so now they get
Bored because I have nothing to do I draw out this channel And you know strangely enough This also predicts kind of like the Bottom you can see the bottom Point Going back to 2018 To now you can see that that fits this Trend line pretty darn accurately and if You’re looking at the top right which I’ve drawn out and you could do this a Couple different ways but If you’re drawing on the top like this Right and we’re projecting here let’s Just say we’re projecting for the Remainder of this year moving to 2024 You could see that in 2018 When we recover from bottom we recover Pretty fast then we try to down Unfortunately because we had to scare With covid and it really just brought Everything down but if you look at it Overall we stayed let’s just say Sideways for almost a year more than a Year before really rallying up and That’s because we finally hit the having Event and then things just went up in a Big way right so if I’m projecting a Little bit you know we’re if we continue This trend upwards we could see a Tremendous rally a tremendous bounce After we break through that that 24 3 24 5 Mark right can we actually see Bitcoin possibly possibly breaking above 30 even hitting the 50s before coming
Back down kind of the same pattern maybe We overshoot way overshoot But uh towards the latter half of this Year you know maybe we hit even 50s and Then break back down to like maybe the 30s and then we break up to our previous High 70s in 2024 and then beyond that That would be amazing to see that would Be amazing to see if we’re following the Same pattern as 2018 2019 and 2020. It’s hard to predict because it’s so Early But hey that could be in the cards all Right let’s do uh let’s do some q a Where’s the stock market at right now Yeah stock market not looking so good at Open But could change could change What’s your opinion on potential dust Cross at 5200 with my average I think That’s a good thing whenever Bitcoin Sees a death cross on a longer time Frame scale that’s usually a bottom Indicator because death crosses are Are utilizing lagging indicators and Because the time frame is so long Usually by the time it happens we’re in Recovery mode already Let’s see I’m scrolling here Welcome everyone on Rumble welcome Everyone on Twitch All right let me scroll through here Inversal lyric inverse Kramer inverse Shift
Uh Tessa hey Tesla’s doing pretty good Today up four percent So my call options will be Up pretty good today So that’s good good to see Um let’s see Mega fake out is coming February March well it sounds like You’re in disbelief Um let’s see what else Do you think coinbase is a good Exchange Coinbase You know they they had some bad news Recently because they had to lay off 20 Of their staff on top of the 18 they Announced last year right so obviously The revenue their profits are down Because of 2022 and they’re anticipating 2023 won’t be much better which is why They’re making the cuts so from a Financial standpoint and their stock Being so so oversold Financial Standpoint yeah they’re a little weary At this point but do I believe they’re Gonna go under no do I feel like they’re Still safe yes and I do do think being The most regulated and the top Exchange In the US Um definitely puts a lot of scrutiny on Them which in essence you could think About gives more consumer protection in A in a way in a way not completely but In a way so I think Courtney’s not gonna go anywhere They’re going they’re going to
They’re going to withstand this and They’re going to become stronger once The crypto Market recovers fully Good morning from Seattle good morning It’s early in Seattle it’s like What 6 6 47 and you’re watching Man I don’t know how you guys do it I Don’t know how like people that wake up Early on a daily basis Or I should say really early But I guess then again A lot of people Do wake up very early because they have To work What’s your opinion on 40K Ada for the Next Bull Run what can I expect it Doesn’t matter if you have 4K 40K or 400k that’s not the right question to Ask write a question to ask is How much How much do I need to retire And I can’t I can’t tell you that I Think Ada will in the next Bull Run Obviously will surpass his previous high Of three dollars and go up much further Than that they have a big development Year this year there’s a lot of a lot of Things they’re working on so it could be Quite tremendous if we have a good Recovery year One of them will hit 40K uh I don’t know I don’t know Jan I just got done talking About how if we’re mimicking 2018-2019 We can go as high as maybe even 50k Before coming back down
Um it’s gonna take some time it’s not Gonna happen right away I think it’s Gonna be You know at least six months from now Is coins go less Vice and I hope so they Have listed some very bad projects and It doesn’t make It doesn’t make a lot of sense so Hopefully they do Does it make sense to watch all sides of Opposition like Jim Cramer get overall Bigger picture for crypto no because Jim Cramer is a really bad example of Someone Pretending like he knows about crypto so Listening to the opposition Um I would say you have to listen to Someone that actually truly understands That’s been in a space for a very long Time right if there’s someone that’s Truly good at what they do respectable And knowledgeable and they’re talking About something that that maybe is Contradictory to what everyone else is Saying then sure By listening to Jim Cramer talk about Bitcoin and crypto that’s like asking Your eight-year-old about Bitcoin and Crypto Um you know it’s kind of like It’s not gonna help you I love my r1t but I’m concerned Viridian Will Survive you know From what I’m hearing rivian is having a
Very very very hard time well look at That NASDAQ is about to flip SMP about To flip Dallas down but these two are About to flip I told you guys Bitcoin is A leading indicator when Bitcoin is Doing well the markets traditionally Turn around uh I don’t I don’t know what Rivian stock is now but Let’s see Uh What the hell is this so there are 15 Billion market cap 15 billion is quite High considering What what is Ford at 52 billion 50 billion yeah it’s about Right Vivian definitely has come down That’s for sure so uh I don’t know Rivian and Lucid they’re just not Selling enough cars They can’t produce enough and you know With the downtrend it definitely didn’t Help and then with them raising prices Didn’t help my r1t is still on order and Luckily I ordered a before to price cut A price hike so it’s I think it’s still Within reason but I’m not gonna get it Until 2024. they already said it like if You ordered a Max battery pack you’re Not looking in 2024 which makes no sense They should come out the more expensive Ones first then release to cheaper ones So they’re doing the opposite again I Don’t know I don’t know
People like to you know Dog on Tesla and saying oh Tesla will go Under right it doesn’t go longer than no One else in the EV space has any chance Let’s just put it that way so first of All Tesla’s not gonna go under I do Think they’re very oversold just like Bitcoin Um But you know Tesla delivers more UV cars Than than Ruby and Lucid for GM and everyone Kia Hyundai and Mercedes and VW Audi Combined and it’s not even close the Only other manufacturers that pose a Threat to Tesla at this point are the Ones in China Byd sells more than Tesla but they sell They cater to the very Ultra cheap cars Like Like twenty thousand dollar UV cars Right and there’s rumors that all this Protesting at the Tesla dealerships was Actually done by paid byd employees so I Don’t even know I don’t even know what To think about it Um Yeah I would not be holding on Ruby and Stock Or lucid And I don’t know what would happen if Vivian you have R1 TR r1s and then Company it goes Belly Up who is going to Support it
The answer is no one Vegeta I I appreciate that I do Hey Jason became a whole coiner Congratulations Jason congratulations It’s tough It’s tough I mean again just Just think about it Bitcoin is a 21 200 Even when it was at 16 or 15 000. how Many people can just withdraw fifteen Thousand sixteen thousand from their Bank account and buy one Bitcoin Very very little very little even people That make well over six figures 100 200 300 000 a year so many people live Paycheck to paycheck they don’t even Have any savings And they just can’t take out that much Money to buy one Bitcoin right Um that’s why DCA is the way and as Bitcoin gets higher and I’ve said this Before when Bitcoin first hit thirty Thousand forty thousand fifty dollars Sixty thousand I said just just think About the gravity of Of the situation like For one Bitcoin to be worth thirty Thousand or one Bitcoin to be worth Fifty thousand imagine one day when one Bitcoin is worth two hundred thousand or One day when one Bitcoin equals one Million dollars right the gravity of it I don’t know how else to explain only Gets deeper and thicker and heavier
Right But in a good way in a good way but Congratulations Rich I am thank you Um What’s the name of the show it’s called The next crypto gem I posted on my Twitter Um but there does seem to be a lot of Enthusiasm over that show and I’m Excited about it so Can’t wait to be on Ghost Matic I I agree with you they do Need to give them a new look I’ve said That for many years already look at Ave Y’s doing good Just a few days ago right I was looking At CMC going over to Trends I think this Weekend and I said one of the things That’s going to happen and one of the Things that’s already starting is a good Recovery with D5 projects and I do Believe in 2023 and 2024 and Beyond We’re going to see a strength Um In D5 because because distrust in C5 Right so I do think D5 projects like Ave Compound Lido Um and others in the space maker they’re Going to get stronger So Have I ever met one deal no I’ve never Never met her I’ve never seen her in Real life
Um Do you think ckb nervous is a decent Project yes it is They’re they’re very tied with cardano Too so as cardano gets stronger Um it’s going to help them but you know They they’re working on their they’re Developing their own L2 what they have Already they’re growing their L2 and [Music] Um And there are interoperability you know Projects so they’re working a lot of Chains and stuff like that Foreign Can we talk about Doge for a second what Would you like to talk about with Doge Someone needs to like let me know Because I I can’t find anything besides The fact that there’s Elon and Elon Caring Doge and possuma integrand into Twitter right I don’t know what else Doge is working on honestly Um there’s no road map nothing like that They just formed a treasury supposedly For developers but what are they working On I don’t see any You know plans I don’t hear about it at Least maybe there are plans but I just Don’t know about them but uh that’s the Thing a lot I I was hoping that Elon by Now would have announced some kind of Integration with Doge Um but still nothing no talks about a
Crypto wallet they’re coming out with Some kind of in Twitter currency which Is not even the crypto not even Not it’s just like a virtual currency Within Twitter that you could take you Know uh tip people with I think that’s Gonna be a big failure no one is going To buy that Um I don’t know why he just didn’t Integrate Doge for tipping it just seems Like it’s so easy to do Uh quants Not not a fan of Quant it’s a B2B play Very boring for for retail investors Let’s draw Get rid of these lines here Wash the shield I should watch it So many people have said to Shield is Like the greatest show ever That was one that I never got into but I I have a chance to watch it now people Recommended to watch Last of Us on HBO I Was disappointed to see there’s only one Episode and I’m like halfway through Is somewhat interesting but There’s been too many zombie shows so Hopefully it gets better The Shield is Breaking Bad good I I have To watch it then because I still watch Breaking Bad like Clips or reruns When I see him on Tick Tock I still Watch them even though I know exactly What’s gonna happen it’s just so damn Good
Do you think uh BDC Supply will come Into play yes of course Ultimately why does Bitcoin go up Because more the supply is being held by The holders is really that simple the Amount circulating is getting less and Less and less even though the inflation Rate is still there and you get 900 Bitcoins right now being produced by uh Per day and it’s going to be cut to 450 Then it’ll be cut to 225 right that 900 Per day is being held by the miners the Miners control all the new Bitcoin it’s Very hard to get a Bitcoin with no Transactions because everything that People are getting have been circulating Around a million times the new Bitcoins Are being held by the miners So you could argue that we’re already Deflationary for Bitcoin these guys are Not letting it go So yes let’s go play a big role as we Move forward more people want it so Demand goes up and the supply goes down Just like anything just like with Anything else supply and demand controls The price and when you have a surplus of Demand and very little of supply That makes the price Skyrocket Thank you But eggs George eggs have always been a Staple hey okay we’re gonna solve the Eggs problem if you really need one need Eggs go to Costco
Costco Has plenty of eggs but you have to buy Five dozen at once that’s the problem There’s no Chinese super computer I will Crack the blockchain Don’t be naive one says all I can say I have my own chickens that produce 10 Eggs a day I have too many eggs you Should just sell it sell at a farmer’s Market I’m pretty sure you could you could make Good money by selling it That’s almost a dozen a day If I had a huge yard in the middle of Nowhere I would raise chickens too My house eats 150 Are you being serious or not if you’re Being serious then you should definitely Buy your eggs from Costco If you have a Costco nearby Hey nasdaq’s flipping a green SMP Flipping into green Peloton hires former Twitter executive As head of marketing I don’t think That’s gonna help Peloton is in uh Really really really bad shape They they pumped got very hot during Covid now that people are out and about No one wants to pay that much for a bike So Yeah I don’t think that’s gonna help And Twitter is head of marketing I don’t Think that helped Twitter at all either
Whoever that person was this this girl I Guess What is this GM reveals new Chevy Corvette year hybrid sports car starting At over 104 000 I didn’t see this It’ll be the first electrified Corvette Available later this year No no [Music] No you can’t have a Corvette without a Big stinking V8 and that that Exhaust note Yeah Unfortunately EV is the future I know That if you want a really high Performing car you need to go UV but You know I’m totally considering getting a Z06 But it’s impossible to get right now Without overpaying Um What do they have to call it e-ray I know that they’re trying to You know I know it’s called Stingray and They can’t and they’re trying to you Know Do a word play of that called e-ray I Mean they don’t need to say that okay They need to say You know make something else cool that That sounds stupid I don’t know Anyways I’m not a fan of that I’m not Gonna be buying that I’ll be buying a regular Z06 with a the
Five liter V8 that can rev up to 8 500 RPM that’s 5 liter or six liter or seven Liter I forgot I forgot what the Displacement is Are you interested in eluvium I I’ve Been looking a little bit into them but Their game is still not out they have All these like side things you could do Right but their main game is not out I Don’t know why it’s taking so long I Mean there’s only so long Um you can wait before you know people Kind of get turned off by that so still Kind of waiting for that Johnny I I don’t believe hydrogen is the Future no No who wants to sit have you seen a Hydrogen car explode Because you do not want to sit in there When that happens the whole thing it’s Under such high pressure we don’t have Any hydrogen stations out there besides A few in California hydrogen is not the Future If anything it’ll be like some kind of Since we have finally Um Since we now have uh Fusion I think we we have First time in history developed a Fusion Engine that actually can produce more Energy than it takes in Uh if we could somehow develop that into Some kind of sustainable engine in a car
That would probably be the future but Hydrogen itself it just seems no No Evie will definitely dominate for the Foreseeable future Crazy people slash your tires in the UK If you drive an SUV even if it’s Electric is that the case Is UK really that That anti-suv I I do want to visit the UK someday or London is specifically but I’m wondering If it’s really that bad in London Not that I’m going to be driving SUV There anyways Everyone’s saying no so whoever said That Uh The spreading flood I guess To the Moon good morning A lot of uh talk on on Rumble I’ve Missed out London is the acid attack capital of the World And London likes machetes too I’m laughing because I’m thinking about That movie Machete Which is the the the the the Stupidest movie ever but it’s so Entertaining I recommend that movie if you want a Good laugh But it’s not kid-friendly for sure What do you think about the idea from Bob Lucas man he has not producing
Anything about Bitcoin for a while right We could see a left translated cycle Peaking 24 instead of 25. Um I don’t know what that left translated Cycle means but ultimately you’re asking Can we peak in 24 instead of 25. There’s a possibility if the the Four-year cycle I mean the next having Event is like March April of 2024 right So let’s just say it happens in April we Would have eight months left remaining Of the year so that can we peak in December 2024 rather than Peak sometime In 2025. sure that can happen that can Happen I don’t know what he said to to justify That but there’s a possibility yes I Mean Cycles Will mimic each other but they won’t be Exactly the same Um you know they’re rhyming they’re not Identical so can we have a variance by a Few months or so sure I would love to race a turbo diesel Dually But uh I don’t have the space for one Render never been a fan of render the Whole business thing the whole the model Doesn’t work it doesn’t make sense why Would you try to Well first of all it doesn’t even I Don’t I don’t even know how did their Girl transist because they were using
Gpus Well the thing is you know render is a Project for like 3D creation 3D Animation 3D rendering Um and you share your GPU power on top Of ethereum network which makes a whole Lot of sense because before Ethernet miners we’re all using gpus to Mine right so yeah you can have some of That Um but what doesn’t make sense about it Is because ethereum network is still Congested and it has very high gas fees But now that all ethernet Miners and the Sold off their gpus You know who’s actually using it for That purpose and the congestion and high Gas feed problem is still there So the render just the whole thing Doesn’t make any sense to me Be Pro already sold out so I I have no Interest in them Rue who was the CEO he told me Months ago he sold out to a bigger Company he’s just a developer now It’s owned by a much larger company I Don’t know what their plans are so Because of that I got Disinterested and I don’t follow be pro At all anymore Uh nkn is nothing like render okay and Is trying to displace tcpip which Is impossible task at this point so Tesla’s kind of flying high right now is
It not really Oh six percent That’s good That’s really good because my call Options will probably Are probably blowing up right now I bought some call options like like Close to 100 and and around 110 ish or Something like that Um Yeah I think I think there’s just so Much fun about Tesla right and recently It just cut prices Up to 20 under model y which naysayers Will try to drive the narrative oh They’re so desperate they have to do That no they’re actually trying to prove A point because the tax code to get that 7500 EV credit It seemed like the government did it on Purpose they limited that 55 000 so Obviously Tesla’s were above that so They did it Just to say a big Fu to the IRS they Lowered it so much so that the model y Can now get that 7 500 right plus with a Discount on that that they just had Tesla’s q1 numbers it could be through The roof it’ll be unlike anything we Have ever seen before They’re they’re two gigafactories are Now in play the the Austin one is fully In production the China ones in you know Fully in production I think the Germany
One is still not quite there yet but Um if you think about it it’s a Brilliant move by Tesla it’s a really Brilliant move it pisses off the Existing people that just took delivery Yes but you know after the tax credit is Over which could be over by March they Could re-raise prices once again they Have no problems with demand Um And plus they were just so oversold I’m not a fan of this Did you just produce more Z06 and zr1s They don’t need to go into EV space Joker are you serious I’m not even gonna answer that Um excited about Luke so Luxo’s mainnet sure why not another Another promising L1 Created by the guy who created ERC Standards Could be exciting It’ll be other standards and it’ll be Great for nfts but probably for other Things too Or we go have a pullback today I don’t I Don’t know maybe maybe not why do you Care Feeling very bad holding Stables Living in Germany any advice what do you Mean Holding stable coins Why do you feel bad about holding stable Coins
I’m not sure Where you’re getting at Anyways uh Forerunner model y two very Different cars not even a same realm so You had to decide what you want an Off-road vehicle or a luxury EV vehicle Two very different things All right guys I’ll let you go overall Bitcoin is looking pretty good 12-3 continues just Trend a little bit Higher higher higher I talked about that Breakout point which I think is Absolutely crucial and if it does break It I think we will see A lot more upside Um So Let’s hope that happens sooner than Later in the meantime the U.S market is Trending upwards from its red so that’s Good and we’ll see where the day ends up So smash it a like subscribe to channel I’ll see you guys tonight 8 30 p.m Central Standard Time Take care have a good
