Welcome to BitBoy Crypto! The largest crypto channel in all the Interwebs.
My name is Ben.
Everyday on this channel, I show you how to make money in crypto.
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Guys, I am on vacation right now,
so I'm going to make it short and sweet today,
I promise.
What I want to talk about--
what I want to talk about today,
I can't even get the first line out,
is I want to talk about what we could be seeing from Bitcoin
and I want to give you guys my prediction for what we are going to see over the next few weeks.
I was looking at Google today.
I would look, you know, searching Bitcoin news,
click news, all the news stories,
and everything seems to be overwhelmingly negative
or at very, very best,
cautiously optimistic for Bitcoin right now.
And I know the charts--
everything's baked into the charts, right?
But the fact is
we are seeing a blanket of negative coverage going on against Bitcoin right now.
But we're starting to see some things that make me think
we could potentially be seeing a reversal of that.
It could be great for Bitcoin,
not so great for ETH in the short term.
As you guys know, we are Ethereum maximalist on this channel.
We do believe that eventually, one day, Ethereum will pass Bitcoin
temporarily maybe at the end of this cycle
and then maybe in the next cycle permanently.
But what we're seeing is a reversal of volume, okay?
When it comes to Bitcoin and Ethereum trading,
there were 18 days out of the last month
where Ethereum's volume actually exceeded Bitcoin's volume in trading.
Unheard of to see it that much.
We saw the Bitcoin dominance breaking.
We saw Ethereum dominance rising.
But something happened yesterday that was very interesting
as we saw the prices of Ethereum drop much harder than the prices of Bitcoin,
going all the way down to I think $2200 yesterday,
something like that.
The point is this.
In the short term,
I'm actually starting to think I'm more bullish on Bitcoin than I am on Ethereum.
Guys, Ethereum pumping is cyclical, right?
We see these big moves up towards Bitcoin
and then corrections.
I think we could be seeing a correction soon for Ethereum against the value of Bitcoin.
Now, does that mean we sell our Ethereum?
No, I want to reiterate this. I've been telling you guys this every day.
Do not sell your Bitcoin. Do not sell your Ethereum.
Anything else you want to trade, anything else you want to sell,
go ahead and do it.
There is a war. I put out a tweet.
It's going to surprise you, guys.
I put out a tweet on Twitter, of all places to put a tweet,
you guys can follow me there, @Bitboy_Crypto,
where I said there are foxes in the henhouse.
Do not sell your Bitcoin.
Do not sell your Ethereum.
And I believe this for 100% right now, guys.
The reason why we're seeing an overwhelming crash of negative news to Bitcoin
is because there are powers that be that are above much of our pay grades,
way above my pray-- paygrade.
Pray? Pray grade? Pay grade?
It's Sunday. Pray grade, am I right?
Way above my pay grade that are trying to manipulate and control the prices of Bitcoin.
Why?
I tell you this a lot.
They want you to sell.
They want you to sell your Bitcoin,
sell your quarter of a Bitcoin,
sell your tenth of a Bitcoin.
They want the compound effect of everyone selling their Bitcoin.
Guys, I truly believe from the bottom of my heart Bitcoin will have another rally this year.
And I think we're starting to see maybe the tide turn here.
Now, I don't think that Bitcoin is going to, you know, shoot way up very soon.
I do not think that.
But I think we are heading towards an equilibrium spot
where I believe that by the end of this month,
or by the middle of next month at the latest,
we are going to start seeing things on a positive upswing.
We have the El Salvador news that is gigantic for Bitcoin.
Absolutely gigantic.
But it's gigantic for adoption.
We traditionally do not see stories like this pump the price.
That's why in the midst of all this crazy stuff,
we got this huge El Salvador news
accepting Bitcoin as legal tender,
but it didn't move the markets.
You kind of ask yourself why.
That doesn't really lend to a lot of speculation.
When PayPal announces they're getting into Bitcoin in October,
that's huge speculation because they're going to be buying a bunch of Bitcoin.
And look, El Salvador said they're putting together $150 million Bitcoin fund.
That's not really, you know, a huge significant amount
compared to the billions and billions of billions of billions of billions
that companies like PayPal and Grayscale buy.
So,
to summarize this video,
Bitcoin, I think, will be hitting a spot of equilibrium soon.
No. 2, Bitcoin will begin to outperform Ethereum in the short term.
No. 3,
eventually, Ethereum will be back up on the rise.
But right now, I'm really watching Bitcoin,
and I'm really watching the narratives
because right now, it's certainly feeling like everything in this market is being manipulated.
I'm the only person here giving you guys the absolute truth.
I mean, there's few other people. I guess I'm not the only one.
I'm one of the only people out there giving you the absolute truth
about what is going on.
And here is the undisputed truth.
There's manipulation going on right under our noses.
They want you to sell.
Do not sell your Bitcoin.
Do not sell your Ethereum under any circumstance, no matter what you see over the next few weeks.
That's not financial advice.
That's life advice.
Alright, guys, drop your comments down below.
Let me know what you think about my prognostication about what is to come in Bitcoin and Ethereum.
Drop those down below.
Hey, I'll talk to you guys tomorrow.
Wait, it's not Sunday. I just realized it's Saturday.
Hey! Anyways, be b--
Be b-- That's all I got.
I don't know what to say.
I realized it's not Sunday.
Earlier in the video, I said it's Sunday.
That was really terrible.
So now, I feel really let down.
Tomorrow, we're going to talk about the "pray grade".
Alright, guys, that's all I got.
Be blessed.
BitBoy out.