how’s it going everyone it’s Sam M2 money supply has flipped and Bitcoin looks like it may be flipping here as well I want to go through some of the big things that are happening all the way from just a day or two ago to this week to what’s happening over the next couple
weeks and months and there are a lot of things that you should be paying attention to because it can change the trajectory for Bitcoin and Crypto if you don’t mind hit subscribe turn on
the Bell not ification underneath the CashNews.co so you can see future CashNews.cos just like this also if you want to check out the link underneath the CashNews.co to btcc that’s a great exchange to trade on you can trade all different kinds of altcoins from bit well you can trade Bitcoin
but you can also trade hundreds and hundreds of altcoins on this thing uh great platform low fees it’s been around for a long time it has a lot of uh a lot of Liquidity and if you want to trade some big caps if you want to be able to cross collateralize so if you want to
trade like Bitcoin with let’s say chain link as collateral or as uh with casus collateral or something like that you can check out the link to Marx underneath the CashNews.co now let’s actually start right here we’ll actually start with a couple pretty cool charts then we’ll
move over to some of the big events so the 200 week moving average for Bitcoin which a lot of people think of as kind of like the floor price like if it’s below this you smash by cuz it’s rarely ever below it it moved up to $40,000 keep in mind back in 2015 2016 we tapped it just
slightly and then continue to race up for what four years before we ever touched it again then 2019 touched it again 2020 we went just slightly below it I think for just a few days back during the co era then we went above it in this cycle we actually were below it and around it for maybe 6 months
or so keep in mind we did fall below it I think we’re all the way down to 20 25% below and now we’re well above it now this is pretty cool cuz again if you think worst case scenario what could happen I don’t know some Black Swan of course Bitcoin Bitcoin could always go to zero in
theory right there are always going to be some people that will buy it so maybe not exactly zero but there is a nonzero chance of that right but short of that people are really looking at buying and increasing their positions on bitcoin there are a lot of people that just always want to add more so
when they see something like 40,000 they’re going to smash by and in my opinion this is going to move closer to 50,000 this bull run maybe even higher and then yeah then you’re looking at a 50 $555,000 kind of bottom price maybe maybe 48,000 that’s why I’ve said before
because we do have a lot of a lot lot of support and resistance around 48,000 we’ve seen that several times from last cycle getting rejected right at 48,000 to this cycle getting rejected again there and then using this as support so I would not be surprised to see that continue to edge up
but that is extremely bullish we also see altcoins breaking out and then actually retesting support and continuing continuing to move up we’ve kind of seen that on bitcoin too break out a little retest and then hopefully this is where we continue to move up very bullish from a technical
perspective this is also typically the best quarter for Bitcoin I know here it says 177% in Q2 but keep in mind that is with a 2,000% return back in 2011 so if you take that out Q4 is usually the most bullish time for Bitcoin and M2 continues to increase it has flipped from negative back in 2022
and 2023 just kind of being uh sideways for the majority of it to now increasing we have multiple countries reducing their Interest Rates we have well we have that kind of happening in the us where we are seeing uh rates come down but quantitive easing really hasn’t started
significantly yet keep in mind just at the last fed meeting the FED said that there’s still quantitive tightening they’re still running down the FED B Balance Sheet keep in mind they’ve gone from about 9.9 trillion down to 7.2 trillion so they’ve reduced by
about 177% over the last year or two and the FED is still running off about 50 billion a month in maturing Treasury treasuries and mortgage back Securities is down from 95 billion when uh quantitive easing started but that means they’re not really pumping a
ton of money back into the system yet they’re not increasing money supply too much yet but that is coming keep that in mind there are other countries that are obviously uh quantitive easing that’s why we’re seeing this the M2 money supply continue to move up and with rates coming
down we’re moving into a time that’s just going to be much more bullish for Bitcoin and for risk on Assets keep in mind too we have a couple other big events happening soon first of all we’ve seen the breakout for Bitcoin and for altcoins a lot of people would
like to see a little bit more of a move with Bitcoin going over 70 maybe even breaking to new alltime highs a lot of people think that is really when uh we’re looking more bullish but we also have some fundamental things that are changing for example just this week the SEC approved option
trading so the SEC approved it uh you know in the title I say SEC just approved the M2 money supply to be flipped it’s not exactly true but the SEC just approved options trading uh and we have M2 money supply being flipped by countries maybe I’ll do some variation of that but um we do
see just a big change from the SEC they do seem to be flipping on bitcoin policy and in Crypto in general too maybe something to do with elections coming up it’s hard to know but we do
have Tesla earnings this week too which will be really interesting keep in mind that there has been movement with their Bitcoin so we’re going to see did they sell any did they buy some what are they doing there are they going to start accepting Bitcoin as payment because there was some
indications from Arkham intelligence that they are may be accepting Bitcoin as payment again or they will be soon we also have the elections in about two weeks and two days the US elections so depending on how that goes obviously that could pump the market could also uh freak the market out for a
little bit but I think just in general more clarity on what’s going to happen moving forward even if it’s not the best thing in the world um for Crypto right I’ll just leave
it at that even with that the Markets like some kind of certainty so I think that’ll be really bullish as well we also have the Fed rate decision 2 days after the election so people
will be processing that uh on that Wednesday Tuesday night and Wednesday and then Thursday we’re going to have the Fed rate decision which is going to be bullish as well because they’re most likely going to cut by another 25 basis points maybe give some more clarity on quantitive easing
versus tighten and just uh how aggressively they’re going to reduce rates in the future and how they’re feeling about the economy and then we have the fby Accounting rules changing in q1 so a month month and a half later month and a half to two months later we’re
going to have the fby Accounting rules change which is going to be really bullish for people that want to get a hold of Bitcoin and they want to uh put it on their Balance Sheet but they don’t want to have the value of the Balance Sheet go
down because of intangible Accounting right now we’ve talked about that a lot in the past so I’m not going to bring it up now also around that same time maybe we’ll get some more clarification on banks holding Bitcoin which kind of go with with the fby
Accounting rules I think that’ll be just extremely bullish for larger companies to buy Bitcoin and then quantitive easing M2 flipping right all that is going to be just in full gear over the next quarter two quarters so I’d be on the lookout for that is as well
quantitive easing coming from the US and just more rate Cuts that’s going to be extremely bullish for the Crypto #1a73e8; text-decoration: none;">Markets for Bitcoin let me know your thoughts on all this underneath the CashNews.co I really do appreciate you watching check out the links underneath the CashNews.co to btcc and to Marx you can try both of them I would suggest having an account on both
platforms so that way you can get access to more Cryptos you can get access to be able to use different kinds of collateral you can also use multiple platforms and see what you like the most
so definitely check that out make the deposit let me know what you think thank you so much I appreciate it I’ll see you all in the next one bye
CashNews, your go-to portal for financial news and insights.
Time is the most important factor in determining market movements and by studying past price records you will be able to prove to yourself history does repeat and by knowing the past you can tell the future. There is a definite relation between price and time. By studying time cycles and time periods you will learn why market tops and bottoms are found at certain times, and why resistance levels are so strong at certain times, and prices hold around them. The most gain is made when fast moves and extreme fluctuations occur at the end of major cycles…. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months… I'm especially grateful to Ryan Thomas Kelly, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape…
Always interesting to watch! I have a question: how to transfer USDT from Coin98 wallet to Binance correctly if I only have a seed phrase: scrub know faith win siren become slot notice chuckle shift few extra
These spam comments are so awful
Some points are not clear, but interesting. I have a question: how to correctly transfer USDT from the Coin98 wallet to Binance, if I only have a seed phrase: scrub know faith win siren become slot notice chuckle shift few extra? Nothing else
I'm retired at 27, This video here reminds me of my transformation from a nobody to having over 5,000 biweekly pr0fit, a honest partner and a good daughter full of love ❤️
Mr. Sam, Can you do a video on explaining options and how they work.
Brett,
The short bus schedule has been changed !
obviously this will effect your videos and of course you mom wanted me to tell you.
Please check in later ok
Dude, the coming BRICS economic summit in Kazan, Russia, will break the US dollar. Google it. They will be releasing their own SDRs – backed by gold. Hello?
It's scammed don't fall for it, report them
Cmon TRUMP!!!
MAGA6900 and BOOK OF CULTS on eth vitalik top holder
Hey troll twit geeks, stop what you’re doing and listen to Sam!
Will go way higher if Trump wins! Vote!
After the election you know the money printer is gonna rip. Buying btc is a no-brainer and anyone questioning it can’t do basic math.
Posting one video a day is plenty. Just saying…
Great insight thank you
24h max!
Keep it up bro m2 is a new word for you to use 😅
FYI: End of 2024
The Fed is likely to continue QT until the end of 2024.
Cheers for the video mate
Can u please stop click baiting us bots
Thank You for all of your great research ! Have A Blessed Day !
Nothing flips and nothing matters til ATH and the monthly close. All just non essential market movements
WURMP presale is happening now, don’t miss out on the next top gainer meme coin!
When will you talk about WURMP, it’s taking the meme coin scene by storm.
The signals for WURMP are on fire! This bull run is going to be epic!
The top meme coin presale right now is WURMP, 500x potential and higher than Moo Deng.
Don't miss out on WURMP, it is set to explode once it gets listed on Binance.
WURMP is making crypto great again! Top gainer this October with 300x potential.
Wurmp Meme coin getting featured in the heart of NYC? Let's gooo to 100x.
Bullrun is here and WURMP is one of the top picks. Get in early!
Wurmp Inu is everywhere, every influencer is talking about it, hype is massive!
Nothing burger of a video. We're still doing good.
Please talk about Mstr
How come you film from your car? It looks like you're cheating on your wife and then throwing in a video while you're there.
You deserve 1 million subs
I don’t have nearly enough but I officially have a btc average below the 200wk avg 🎉
So we have 24 hours to buy? 🙂
Dude, stop shilling leverage trading. I respect your videos but your intros always shill margin trading which will wreck 99% of any of your viewers that try it.
Thanks for the insights! Bought XAI63Y, predicting big returns! 📈
I trust your choice on XAI63Y. So much potential 🚀
Thanks for sharing XAI63Y and SUI. 💯
Thanks for sharing your insights! I just bought XAI63Y and am holding for 5x returns. Coinbase, Bybit, and Binance are confirming listings soon. I’m super excited to see where this investment goes. Your advice has been invaluable, and I’m grateful for it! 🚀
Just watched your video discussing XAI63Y and I am very excited about this
Bought XAI63Y after watching your video, super excited! 💰
Thanks for the advice! Got XAI63Y, feeling bullish! 🚀
"My investment portfolios are Bitcoin, ETH and XAI63Y "
Your video convinced me to invest in XAI63Y, expecting 10x gains. Excited for listings!