3.6 • 626 Ratings
🗓️ 6 May 2022
⏱️ 20 minutes
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0:00.0 | There are days when you're hungry for McDonald's. |
0:03.8 | Then there are days when you're Big Arch hungry for McDonald's. |
0:08.1 | You'll get to know the difference. |
0:09.9 | New Big Arch for Big McDonald's hunger. |
0:15.4 | Until 9th of September from 11 a.m., |
0:17.8 | participating restaurants only subject to availability. |
0:20.1 | In today's show, someone is blowing up. Bitcoin sees 2022 volume record amid hopes that |
0:25.4 | capitulation is over. And as crypto analyst, me Calvin Day Pop shares here, the highest volume |
0:29.9 | candle on Bitcoin and one four-hour candle since December the third. Last time we saw this, |
0:35.1 | Bitcoin crashed from 56 to 42,000 and Bitcoin crash from 52,000, as well as the May 2021 crash. That smells like capitulation to me, or at least some serious signals overall. And as Crypto Chase shares here, regardless of what I ever say in the short term, macro continues to be down. There will be bounces, pops, squeezes, |
0:54.9 | short-term euphoria, you name it. But I don't think we see macro reversal before major capitulation |
1:00.0 | or fed backtracking their stance on rate hikes, quantitative tightening, and balance reduction. |
1:05.2 | Now, here's an interesting fact. There have been two days in the past 25 years with S&P 500 futures |
1:10.2 | were down 3%, and 10-year |
1:12.2 | Treasury futures down 1%. |
1:14.1 | That was October 9th of 2008 and March 18th of 2020. |
1:18.3 | Someone is blowing up, and this is forced liquidation. |
1:21.3 | Talking about forced liquidation, $165 million, and Bitcoin long positions were liquidated |
1:26.5 | yesterday, which is the highest in months. |
1:29.2 | And as shared here by Matthew Highland, below 37,200 is bearish. Bitcoin is below 37,200. And as |
1:36.5 | Lark Davis shares, inflation in Turkey is almost 70%. What the? Yeah, buy and hold Bitcoin, |
1:42.8 | all fiat is going to zero. And this just in breaking news, |
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