Why must the show go on!?
Well we gotta finish the story that's why!
What show though…...Seinfeld!?
No, No, No….I’m talking about the 2021 bullrun!!
And let me tell you the show is going to have fireworks beginning this summer…..so are
you ready for some real teletube?
Well you don’t have a choice...because it’s time for Chico Crypto!
Soooo tell us Chico...why must this BULL go on!?
Well let’s just get technical for a quick second.
Yup...Chico Crypto is diving down into the world of TA...which isn’t his own Tyler
Analysis, but is actually Technical Analysis!
Am I doing the TA?
Oh hell no...I leave that up to people who do it on a regular basis.
I’m a researcher and fundamentalist through and through.
So we are going to a crypto visioner on twitter, and his repeating bottom chart….which is
basically just an over extended double bottom….
Crypto Visioner, believes in January of this year, our initial 40k blastoff and then subsequent
fall was the first bottom pattern….and what we are experiencing right now is that repeating
bottom.
There are very similar indicators in the patterns, for both bottoms, which visioner circles.
They finally conclude that since the drop this time was about 66% bigger, than the one
in January, the PUMP which they predict coming soon, will also be about 66 percent bigger!
In January from it’s low’s to the initial pump high, it was actually near a 90 percent
increase...so we can say from this recent low around 33k, we will pump at least 90 percent,
plus an extra 66 percent.
For a total increase from the low of 156 percent.
That would put this pump pushing the price up towards $84,500 dollars...definitely past
80k like visioner has in his chart.
So technical hooplah is saying we are going up!
My recent Tyler Analysis prediction, Made May 26th said this was the bear trap, which
ended January 13th...and everyone knows after the BEAR Trap, we go into Mania phase...and
it seems like the $80k plus from our technicals, could be the Media Attention, first Dip, after
that parabolic RUN…
So, when could that come is the NEXT question….when could we hit $80k+??
Well going back to Visioner’s TA chart, from the bottom the top of that RUN, it was
only 26 days, from January 27th to February 21st, for that pump to take place.
The Bear Trap this time ended June 13th, 26 days from now, is July 9th….although, we
do need to add on some days, give the PAMP some more time, as according to the Visioner...
this one is going 66 percent higher!!
Let’s just add an extra 66 percent onto the days, which would give us 43 days, and
a date of July 26th!
So wouldn’t that be nice to see BTC up past $60k, past $70k, and maybe even to $80k in
between by the end of July!?
I would even have to initiate a part of my “cashout” plan if that happened!
But July, July, July….why is this month so important!?
Well Reason #1...Ole Saylor McTaylor, Michael Saylor is buying BTC again.
And in major fashion.
2 days ago he tweeted “MicroStrategy Completes $500 Million Offering of 6.125% Senior Secured
Notes Due 2028 with #Bitcoin Use of Proceeds.
@MicroStrategy’s existing approximately 92,079 bitcoins are being held by a newly
formed subsidiary, MacroStrategy LLC.” and then “MicroStrategy Launches “At the Market”
Securities Offering for Flexibility to Sell Up to $1 billion of its Class A Common Stock
Over Time”
They are selling their one stonk, in oodles and boodles, to buy up bitcoin!!
And they are beginning with a half a billion dollars.
Diving into the article on this initial stock sale and BTC Buy, Microstrategy says: “MicroStrategy
estimates that the net proceeds from the sale of the notes and the related guarantees will
be approximately $488 million, after deducting initial purchaser discounts and commissions
and estimated offering expenses payable by MicroStrategy.
MicroStrategy intends to use the net proceeds from the sale of the notes to acquire additional
bitcoin.”
Did you hear that!?
They intend to buy nearly half a billion in Bitcoin..intends as they haven’t done it
just yet!!
And historically, after a large Microstrategy buy...the BTC price, likes to go UP.
August of 2020 was their first announcement, $250 million dollar Buy, the BTC price was
around $11k.
September 14th, they announced their next buy, $175 million, the BTC price was around
$10,600.
December 4th, they announced another 50 million buy, the price was now around 19 thousand!!
And then the big one for the year December 11th, they do something similar to what we
are seeing today, a convertible note raised for $650 million, and the BTC price was around
$18,200.
Well into 2021, is when the big gains are made for their initial buys, as the price
broke 20k...but they kept buying and buying all the way to the TOP.
That top $15 million dollar buy made in April, is their only buy that didn’t have a PUMP
come after it...every single other one did.
7 out of the 8 buys, had a PUMP after...87.5 percent of the time.
Soo, Chico thinks that yes, there could be a PUMP coming after this Microstrategy Buy,
history has told us that’s the case.
And it could be coming at any time, or already happening!
Leading us right into July….
But there is something else coming…..which people need to get on BOARD with.
I posted this video 2 weeks ago…”GME Short Squeeze In July.
GameStop to $100.
It’s inevitable.” and I gave the clues and hints, of the short squeeze making its
way to this STONK...it’s a pretty damn good video, give it a watch, down in the description,
or watch it by clicking the tag above.
But why is this something people need to get on Board with?
GME represents an intersection, legacy finance..the few 1 percent vs. the regular joes...the many
99 percent.
Regular Joe Stonk traders versus the hedge funds...it was only stocks though until GME
made the BIG NFT Crypto announcement…
So let’s replay the important parts of my initial video, diving into the ethereum code
for
their TOKEN.
GME…
There was an initial public launch date for the token...like something is being released
July 14th, which fits close to the middle of that date range in July the 9th to the
26th.
Now many speculate it’s going to be the launch of the NFTs platform, which I don’t
Buy….as this ties into who is leading the charge, Matt Finestone...he was just asked
to be on an AMA on EthFinance about what is going on with NFTs at gamestop & Matt replied
“Would love to.
Thank you.
Just need a bit more time.
We wanna ship something first”
They are still working, they are still in the process of building this...that launch
date isn’t for the NFT platform release….its the launch date announcement of the Token,
an NFT based crypto dividend token!!
I made that prediction in my original video..
But it’s not only me calling for this!
Blogs like investors posted the article “GME Stock: What Are the GameStop (GME) Crypto
Dividend Rumors?” and reddit posts diving into the reasons why they think it’s coming…those
are included down below if you want to check other people’s thoughts out…
A GME Pump, another short squeeze happening in July because of a crypto dividend would
be great NEWS for BITCOIN and crypto...because it’s freaking crypto dividend.
It’s kind of funny to me, even back in January/Febuary, when the two weren’t tied to each other
at all, the two assets pumped and pumped significantly at the same time….now they are tied.
A hot and bullish GME & crypto summer?
Chico Crypto thinks so….Cheers I’ll see you next time!