Soooo, did you watch my return video yesterday!?
If not PSSHHHT on you...because the markets are doing exactly what I predicted they would
do.
Consolidation, they are finding themselves hanging onto the high 30ks...even with Elon
and Saylor pushing out the most bullish tweets possible.
What does that mean?
We are going bearish again?
Maybe short term...but like one of my favorite musical artists, Bob would say….everylitte
thing is gonna be alright!
Because it’s time for Chico Crypto!
Yesterday, we discussed why I think the bullrun of 2021 isn't like the bull run of 2017.
There are similarities...but the are many more similarities to the one before that.
2013.
And looking at the price chart of Bitcoin during the 2013 bull run, we had a blow off
bear trap beginning in April and didn’t let up until 3 months later, beginning of
July.
I want to let you guys know, that was actually the first time I was seriously thinking about
buying Bitcoin.
I had heard about it in late 2012 when it was around 15 dollars, and then the next thing
I know, April it was over 200 bucks.
I was seriously thinking about buying some BTC….but then, it crashed, over a 70 percent
dip to 66 bucks.
Scared the bajeezus out of me, and was like heck NAH am I touching something like that,
its probably going back to zero…..but it didn’t, and by November of that year, it
was back to the peak of over 200 bucks.
Guess what I did then...borrowed some money and bought some bitcoin.
But the point is, I should have realized with the first DIP, that was a trap and..it was
time for accumulation.
I could have scooped up much better prices, for at least 6 more months, during the 2013
BIG BEAR TRAP..
But now I’m that much more knowledgeable, and can bring this information to you guys!
Bears are going to be trapped over the coming weeks to months.
Try and not let the pain that could come get to you!
Right now is THE Perfect time to DYOR, Do Your Own Type of Research...and I hope this
channel is in your toolbox for just that.
Opportunities abound like low, low prices on BTC and Ethereum.
The opportunity to become a Solo Staker!
Providing the security to the ethereum network, like the miners do with Bitcoin!
32 Ethereum, is the requirement for Solo Staking.
Just a couple of weeks ago, it was nearly 140 thousand dollars to get that amount.
As of yesterday's prices.
It was just over 85 grand.
That amount of money is shocking to many...but realize there is a steep, steep discount on
ethereum’s most critical future infrastructure….and for some reason a majority of the markets
do not see it as an opportunity!!
If I could give one piece of advice…..I’m talking about that REAL kind of talk you take
home to your mothers.
Use this extended BEAR Trap to work your way as close as you can come to 32 ETHEREUM….or
beyond.
Let me explain why I think this...
The markets have been full of drama lately with Elon, memecoins, celebrities and NTFS….but
there hasn’t been THE DRAMA of this bull run…
What is THEEE DRAMA!?
Chico puts his hand up on his hip, when you dip, I dip, Ether Flips….BITCOIN…..
That is the BIG DRAMA of this RUN, Ethereum doing the unthinkable and taking the #1 position
over BTC.
What has been called The Flippening in the past, and came really close to happening back
in 2017…
I have been discussing it, and here recently too, just last month in April, did a full
video on why I think this FLIP and Drama Narrative is coming.
And as we can see from that video, we referenced flippening.watch, a website which tracks the
flip, as we can see back on April 22nd, ethereum was only at 27.7 percent of the way to the
FLIP!
I wonder how things have changed in a month?
Especially with the crash and burn of the entire crypto markets over the past month!?
Well just look at flippening watch today...even in these crapptolla markets, ethereum has
pushed up to nearly halfway to the flip, 42 percent.
From 27 percent April 22nd to 42 percent in just a month.
But trading volume is also getting extremely close to flipping.
Going from 70.7 last month, to 85.6 today.
And actually is a new category flipped, mining reward, which wasn’t the case in April.
Soooo take the opportunity, to make the moves, find the will to get those 32 ETHER or as
close as you can...because this may be the last opportunity before it’s REALLY out
of reach, I’m talking a quarter of a million dollars for 32 ETH!
That would put ether, just over 7800 dollars, and not if, but when the markets pick back
up, I have a feeling that number will be hit, and surpassed easily!
And there is the news, dripping out the Ethereum way yesterday, which points to JUST that happening!
Everyone knows the GME, Gamestop hype, the Wall Street Bets BOIs were able to take on
Finance 1.0, at their own game!!!
Well look at the website Gamestop dropped yesterday evening.
Nft.gamestop.com...and yup thats a big ole picture of an Ethereum logo as a cartridge,
which gets plugged and says: power to the players, power to the creators, power to the
collectors...and then they left an Ethereum address, and a way to contact if you want
to join the Gamestop NFT team…
I hope you realize and understand how important this is, for yes Ethereum, and pushing forward
the flip narrative ….but the main importance, is the normies from Wall St. Bets…..they
aint gonna have a choice, but to get involved with crypto, and beyond...these are NFTS….a
building block of DeFi...the normies are going to start learning about DeFi...hundreds of
thousands, if not millions of people, who otherwise would not have!
If you didn’t notice, or have been paying attention!
The Wall Street Bets subreddit, went parabolic, gaining millions upon millions of new members
in the span of 4 months in 2021.
The reason for it...GameStop Stonk, GME
Going to the Wall Street Bets Reddit….even though the hype of the GME drama is calming,
GME is still 5 of the top upvoted posts.
But as you can see, no talk about the NFT Gamestop news….what gives?
Well for one, I shot this content right as the news dropped yesterday afternoon.
For two, Wall Street Bets has had a rule against crypto conversations on their forum….
But they are warming up.
1 month ago, this was posted by the MODS.
A post titled “On Crypto”.
Their mods said “For many years we've tried to delay discussion about crypto on the sub
for many reasons.
They dive into those reasons, and then finish with “. I don't see the point in delaying
the inevitable anymore as crypto is here to stay.
After much deliberation, we've decided to allow for discussion about only BTC, ETH and
DOGE only.
inside of a daily Crypto discussion thread so as to not burden everyone with crypto spam.
All rules will still apply outside of the thread but for now please keep it in the daily
thread only as we gauge if this is something that is right for our sub.
Just to be clear, we are not a crypto subreddit.
We're just trying to find a place for you guys within our subreddit.
That crypto place within WSB is going to be stronger than ever!!!
With the news of what their favorite company just DID.
Non Fungible Tokens, on Ethereum, giving power back to everyone…..the players, creators,
and the collectors
Video Games as NFTs?
Building some pretty dang revolutionary things?
Well I found who Gamestop hired for their head of Blockchain...that is Matt Finestone.
Here is his twitter, and it says of course he’s head of gaming with gamestop now….but
also, look at what he has previously worked with!
Loopring...and if you scroll through some of his recent posts, he has been retweeting
it, on the regular…
But I also found this, an old retweet by Matt before the announcement, before anybody knew
about this.
It was May 5th From a FooBar where he said he was working on a gaming project.
Foobar also said “Extremely strong funding & backing as well.
Launch will be huge from the start.
Not your typical project.”
Chico Crypto likes not typical, I like a huge launch...and so do the chances of the Ethereum
Flip, and the last Hoorah of this BULLRUN.
Cheers!
I'll see you next time!