3.6 • 626 Ratings
🗓️ 28 April 2022
⏱️ 18 minutes
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0:00.0 | In today's show, Bitcoin's set for volatile monthly close after Bitcoin price checks all boxes for a major move as material indicators shares here. |
0:08.6 | Zooming in slightly to the three-day chart reveals that three-day 50 moving average crosses below the 100 three-day moving average have triggered rallies and interaction with the three-day 200 moving average has either led to a rally or a breakdown to the |
0:22.1 | macro bottom. Bitcoin has checked all of those boxes this week. And as he shares here, |
0:26.8 | until Bitcoin reclaims the key moving averages, these are considered distribution rallies, |
0:31.1 | used to sell the rip or add to short positions, expect more volatility coming into |
0:35.4 | monthly close slash open. And as crypto analyst right capital shares here, Bitcoin has been doing well over the past two weeks to establish price stability at the bottom of the volume gap at $40,000. Continues stability here. And Bitcoin will be able to fill the volume gap entirely over the coming weeks. The top of the volume gap is $46,000. And this just in breaking news, |
0:56.0 | Bitcoin hash rate hits new all-time high. Let's go. As well as more breaking news, |
1:00.6 | Central African Republic adopts Bitcoin as legal currency. That's right, with no currency to call |
1:05.5 | their own, they choose the currency of the internet. Now, the world may seem dark, but last year, |
1:10.0 | El Salvador sparked the fire |
1:11.6 | by adopting Bitcoin as legal tender first, and now that fire has spread to Africa. And check |
1:16.7 | this out, Wikipedia, now lives Bitcoin as Central African Republic's official currency. |
1:22.1 | Also in today's show, Bitcoin is the perfect asset for retirement, says Michael Saylor, |
1:27.1 | quoting him here from a new CNBC interview, Bitcoin's digital property, and that makes it the perfect asset for a retirement plan. It's less risky than bonds and stocks and commercial, real estate, and gold. Regarding Fidelity, launching their Bitcoin 401k option, he goes on to share, it is a technical challenge to offer a 401k savings plan. |
1:45.0 | And Fidelity has overcome that. So we are really delighted to be able to offer this to our employees. |
1:49.8 | A 401k plan is a pretty common thing for millions and millions of workers to use and save in order to protect their family's interests. |
1:56.7 | This is going to fill an important vacuum in the investment product market. Also in today's show, |
2:01.7 | top analysts predicts huge Bitcoin rally by 2023 and says current correction is designed to shake |
2:07.2 | out traders, quoting credible crypto here, mid-cycle corrections are designed to shake you out, |
2:12.2 | and they are quite effective. Just ask the guys who sold Bitcoin under 10,000 during the March |
2:17.0 | capitulation event before Bitcoin ran 1,500%. |
2:20.3 | Patience. |
... |
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