SHOCKING BITCOIN NEWS! BLACKROCK JUST ENDED IT! #Finance

how’s it going everyone it’s Sam it seems like the Markets are pricing in a trump Victory they think that it’s over that’s done it seems like uh right now

Trump is up seven has a chance of winning of 75% according to the prediction Markets if you look here let’s go to live he’s got 168 of the of the 270 electoral votes needed of

course a lot of this has been in the South and the Midwest so we’ll have to continue to watch this the Markets are racing up Bitcoin just hit 726 and it’s just going nearly

straight up at this point this is after just a few hours ago it was at 69,000 it just gone up halfway throughout the day it went sideways for a couple hours then continued to spike up liquidating a ton of shorts I want to talk about what’s happening in the market if you don’t mind hit

subscribe turn on the Bell notification underneath the CashNews.co so you can see future CashNews.cos just like this if you want to trade this if you want to trade this breakout if you if you think this is overblown and you want to short it or you want to go long cuz you think we’re hitting

all-time highs tonight whatever you want to do there’s a link to marja underneath the CashNews.co I still think you have time to be able to get in Place Long trades this is a trade that I placed yesterday it’s up 200 and 204% this is after I took Profits on it earlier

today uh yeah this is just insane but this is something that you can do with leverage trading instead of being up you know 30 bucks or 20 bucks or something like that I’m up 450 after taking Profit so if you want to place trades there is a link to Marx underneath the

CashNews.co let’s start here as I said looks like Trump’s going to win at this point chances are you know you’d rather be on the Trump side than the Harris side right now like if if this was you right and you could be in Harris’s situation or Trump’s situation you

would you would go for Trump or you would be wish you were in Trump’s position to win this now I’m not trying to get political on this channel all I’m talking about is what happens to bitcoin and what I’m seeing all right so this has been something that a lot of bitcoiners

have wanted to be clear this is causing a lot of shorts to get liquidated causing the price to jump up very quickly just a few seconds ago we were at 71,000 so now we’re jumping up very quickly uh as you can see here too like Tesla raced up today maybe someone knew something up 3 and a half%

of the day then up 3% afterm Market hours this is also very good for Tesla because Elon Musk has really put himself behind Trump a lot of bitcoiners have put themselves um on Trump side this is good for the people that have backed the winner I think it’s quite obvious just like you know in

olden times if you back the person that was trying to be king and then they become king usually they help you out right they reward you um you you have uh access to their ear stuff like that so I think this is good for bitcoiners I think this is good for Tesla investors uh as you can see here the

Markets well actually I think it was Goldman Sachs yeah thought that a trump Victory would push up bitcoin’s price by 7.7% now what’s it up to date 7.2 so they’re doing a

pretty damn good job over there at Goldman Sachs so far um but of course the election’s not done right the Markets are starting to price at in uh and they’re leaning towards Trump

winning but it’s not guaranteed yet by any means so it will be interesting to see Bitcoin dominance is spiking up although I have seen some altcoins you know doing well Bitcoin obviously leading the way but look at this Shiva up 12% Pepe up 16 Dogecoin up 21 uh Caspa up 11% salana up 13

it’s up at 178 179 uh so yeah a lot of altcoin starting to do well in addition to Bitcoin now just a few days ago uh actually a week ago um we were getting a $900 million inflow into ibit $900 million in one day sailor announced that he was looking to buy $42 billion meanwhile the FED is

cutting rates going into a strong uh economy and yet the price of Bitcoin still fell right that was on the 30th Bitcoin was at you know near all-time highs within a couple hundred dollar of alltime highs and it fell it fell all the way down to 66,000 and some people were panicking some people were

selling it went down 9% now within a few hours it’s right back up uh almost to where it was before keep in mind all these things are still the case right ibit still really likes Bitcoin they have not had an outflow day in weeks uh and even yesterday on a tough day when a lot of other

href="https://cashnews.co/etfs" style="font-weight: bold; color: #1a73e8; text-decoration: none;">ETFs were selling overall there was half a billion in outflows ibit still bought Bitcoin yesterday sailor still going to buy $42 billion worth of bitcoin difference is now there might be you know

again there might be some people that are helped out whether it’s regulation whether it is Gary gendler getting out of office if again if Trump wins also strategic stop Kile of Bitcoin is on the table right how cool would that be if the US kind of led the the race to grab some Bitcoin maybe

they grab I don’t know 100,000 to start 200,000 500,000 of course other people can buy it as well but I do think as a nation it makes sense to grab some Bitcoin also we are waiting for the ETF lows today last time I checked we ooh okay so this has come in since I started making the

CashNews.co cuz I was I was curious about this we have smaller volume for ibid and FB fbtc compared to normal we had an inflow on bitwise and that was it that’s the only inflow that I can see here Fidelity negative $68 million arcb $12 million and ibit with an outflow of $45 million

surprising because they’ve been such a strong holder of Bitcoin of course they can’t force the Hedge Funds to hold so if they get cold feet they’re going to sell now after what we saw last week when the market was kind of predicting Trump to win and then in the

last few days it stopped predicting ibit had a ton of inflows I would not be surprised if IA broke a billion dollars worth of inflows here soon especially if Trump does end up winning of course again we do not know for sure yet but it’s leaning that way so I would not be surprised to see

massive inflows um we’re just seeing you know a very strong very strong price action right now and I think that if Trump does win we’ll probably break to new all-time highs I think there will be a lot of liquidations a lot of people trying to get in before the pump because there will be

people positioning themselves in these risk on Assets and I could always be wrong right I can’t see the future anything can happen I think it is important to remember that just the fundamentals of Bitcoin are getting much stronger the Bitcoin difficulty just hit 100 trillion

what does this mean this is the difficulty it uh to mine Bitcoin it gets reset based on the hash power of Bitcoin of the network so there are more miners stronger miners uh that moves up the difficulty we hit a recent peak of 750 x aash keep in mind over the last 3 years uh 3 years ago we were at

150 160 xahh so last Bull Run end of last Bull Run the mark the the hash power was 1/4 of what it is right now okay so the market has just gone or the the Bitcoin miners have gone much stronger they’ve gone uh much better they’ve scaled up they’ve brought billions of dollars in to

be able to buy more miners to secure this network better the fundamentals continue to get better there continues to be more money printed all across the world so yes well this is kind of interesting night it’s exciting for some people it’s stressful for other people the fact is the

fundamentals of Bitcoin the true value of Bitcoin continue to go up you know I’ve heard Michael sailor talk about the 200 we moving average maybe that being a good uh indication of what the Market’s worth now usually we have not moved below this uh 200 we moving average for any extended

period of time this bull market actually sorry this bare Market we fell below it for a good period of time I’m talking a few months but it bounced right back above I’d say probably 95% plus of the time that bitcoin’s been around it’s been Above This 200 we moving average

right now that’s sitting at about 41,000 and this is moving up every single week so no matter what happens this election the fact is Bitcoin continues to gain strength and I think again no matter what happens there’s been a ton of uh good things that have happened for Bitcoin the fact

that we’re even talking about it in an election cycle that there are politicians talking about it that there are bills being passed to protect your rights to hold Bitcoin that’s awesome the fact that there are much easier ways of buying it now that pensions are buying it the

Hedge Funds are buying it that people use this as a way to protect themselves against de basement of their currency is awesome so I hope I hope at the end of the day at the end of the day we appreciate this and we appreciate the time that we’ve been able to buy Bitcoin at

these prices anything can happen over the next few hours over the next few days over the next year but I like the position we’re sitting in of course if you want to trade like I said there is a link to Marx underneath the CashNews.co I really do appreciate you guys watching thank you so much

and I’ll see you all in the next one for