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My name is Ben.
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Usually, this is a Sunday drive video where I drive to church and tell you guys
what's going on in the world of crypto,
but this morning, I went and got some Martin's.
Martin's biscuits, I tell you what.
I went a little early, got the family some stuff.
So we're out here. It's raining a little bit, so I'm going to try not to slip and slide.
I'm getting new rims and tires on my Demon.
The slicks on here-- you guys know I got my trucks in the shop right now.
The slicks on here, just too slick. I feel like I'm constantly going to drive off the road.
Speaking of driving off the road, let's talk.
So George from CryptosRUs made a video last night
detailing why he thinks I'm wrong about my predictions for Bitcoin in the fall.
I had a tweet on Twitter of all places.
It's unbelievable that I can tweet on Twitter.
And I tweeted what I think is going to happen for this market,
and this is what I've been saying for two years now.
This is not new information I've been saying.
I believe, by the middle of October, this thing will be over.
You know, I said end of September, looking like that's, you know,
maybe that timeline is too short at this point.
I always said give or take a week.
So, you know, maybe this goes into the middle of October.
Benjamin Cowen responded on that tweet,
you know, "How can you possibly say this? We're not even back to all-time highs,"
blah, blah, blah, blah, blah.
I think what I would like to do is I would like to invite George and Benjamin Cowen,
and we can have a three-way,
a three-way debate, of course,
about their thoughts on Bitcoin because I think-- I don't know. They may fall in line.
I don't know if they fall in line exactly,
but maybe we can bring them onto the show one day this week,
and we can talk about it and break it down.
But let's talk about why I believe Bitcoin is topping out very soon.
And I also think the move to the upside is going to be fast and quick.
This is based on something called the Golden Bitcoin Bull Ratio.
You can look this up.
I've talked about this for two years.
In every bull run in history,
51%--
or 49%, excuse me, of the bull run has been in between
the bottom of the market and the halving event.
51% has been from the halving to the top of the market.
When you do that calculation,
because we knew the bottom of the market was in December of 2018,
we knew when the halving was in May of 2020,
when you apply that 49%-51% ratio--
maybe it's 51-49. I can't remember which way it goes, but that's not important.
When you apply that ratio, okay?
You come up with a date at the end of September.
So, this has been in the works for years at this point.
Now, are we possibly seeing something different
because of the manipulation in the middle of this bull run?
It certainly is possible.
Now, look. I'm no dummy.
Time's running out at this point.
Time is running out for me to be correct. Okay?
But you have to understand the difference between what I've been saying about September 28,
I think the tweet said September 27, but it was actually September 28,
what I've been saying about that date for two years
versus what I've been telling you about Bitcoin in the "fall" for the remainder of this bull run.
In May, I came across-- late May, I came across some information.
You guys know, we talked about a lot on the channel,
I told you guys that the price of Bitcoin will be moving up in the middle of July.
It was based on that information. And what happened?
The price of Bitcoin went up in the middle of July.
It bottomed out on July 20.
It made its ascent. It climbed $10,000 in just a few days after that,
and then all of a sudden, everybody was bullish again.
The caveat to that prediction was, in the fall, the Fed was going to move us towards deflation,
and that was going to end the run.
Now, I took that to mean that that was going to end
the Bitcoin bull run-- or the entire bull run,
but maybe that's just the end of the run for Bitcoin.
Maybe altcoins go a little bit longer than that.
That was not given to me with a date.
My date has strictly been based off the same prediction I've been making for two years,
and, you know, I'm not a flip-flopper, so I go with what information I believe is good
until new information presents itself where I'm clearly wrong.
I still think we could move up.
I think we could move up by the middle of October.
I think we could be at $100,000.
But whether it's in October or November,
the fact is, in the fall, this thing is going to end.
Now, when in this fall?
This is a very important question because when you think of the fall,
what do you think of? You probably think September, October, November.
Well, technically, that is true.
Sometime in the early 20s, either the 21st, or the 23rd, or 22nd, or the 24th, or the 25th.
I can't remember how the seasons rotate because it's kind of weird, but the point is,
sometime in between September 20th and the 24th,
fall starts.
It doesn't end until December--
either the 20th, or the 22nd, or the 23rd, somewhere around there.
Right before Christmas is actually when the fall ends.
I see no way that this bull run extends into next year.
Benjamin Cowen's got a much longer timeline. I don't know exactly what George's timeline is.
But whether or not this happens in the beginning of October or November,
or in the first week of December,
this is happening.
I cannot see any way this extends.
Now, look.
These guys are all making predictions based upon charts.
The same thing I do.
The same thing I did when I came up with--
when I really got behind that Golden Bitcoin Bull Ratio, it was a chart somebody created
that look to be very correct to me and it made perfect sense.
It already looked like we were falling along that same timeline.
So I did the same thing. I was going off of a chart,
off of a theory, if you will, when I came up with that date.
Now, since then, a lot of things have corroborated that day,
so that's why I definitely, you know, believe.
I believe in that for years now.
But the point is,
is that when you look at the charts that Benjamin Cowan is looking at,
or George is looking at or any other person out there
that is basing, you know, a lengthening cycle
or, you know, whatever you want to call it at this point,
the fact is,
is that
they're not taking into consideration a black swan event.
And the move to deflation is certainly a black swan event.
I can go over many, many things that we've already seen
that are indicating, you know, that this is happening,
including-- look at the IRS.
Right now, we have the IRS just--
President Biden is now putting in an executive order basically--
or maybe it's being molded into the infrastructure bill.
I can't remember exactly what it is at this point.
But where every single bank out there has to turn over any information on account that's over $600.
Why are they doing that?
Because the IRS is about to start going after cash hot and heavy.
Because deflation is coming,
cash is once again going to be king.
Over the long term, you're still going to be better off being in Bitcoin.
Over the long term, no question about it.
But over the next few years,
there's going to certainly be a strong argument as the dollar will strengthen again
and deflation will kick in.
So you've got to take all that in consideration.
That is what their charts do not show.
So if we're just simply looking from charts and data analysis,
then what they're saying makes total sense.
But what is coming in the fall that is going to flip this--
I think it was Fidelity.
I can't remember exactly who it was, but some article was just out, you know,
explaining how as long as there's not a gigantic shift in the news media narrative about the economy,
Bitcoin's going to continue to go up.
That's the caveat.
There is a change coming.
And the people that are listening to me are going to be far better off--
of course, this isn't financial advice,
but they're going to be far better off than those that are not listening
or living in a fantasy world right now. So, we'll see what happens.
I'd love to invite those two guys to come on the show,
and we do a three-way debate.
Maybe we do, you know, different, you know.
Maybe it's two different videos. Not really sure.
We'll see what they say. I'll try to work that out this week.
And, you know, I want you guys to have the most well-rounded perspective.
I want you guys to have the most well-rounded perspective
on, you know, every possible scenario, not just what I'm telling you
because I've gleaned a lot from those two guys over the years
and, you know, a lot of other people out there in crypto as well.
So, alright.
Take it with a grain of salt.
That's all I got.
Be blessed.
BitBoy out.