what's going on guys today we're going to talk about what's next for bitcoin in the overall
crypto market and i think i have unique insight into what the future holds for a few key reasons
my father-in-law subscribes to just about every single crypto and investment newsletter out there
some of these newsletters cost over ten thousand dollars just to get access to them collectively if
you were to add up all the different newsletters he's bought i have no idea how much money it cost
him but i can guarantee it's a small fortune the reason these newsletters can charge upwards of ten
thousand dollars for the information they provide is because the people behind the newsletters are
absolute legends when they have a question about a crypto company they just pick up their phone
and call the founder of that company on top of that a lot of these guys are from wall street
that means they have a unique perspective into how institutional investors think and not only
that but they still have friends and connections on wall street who can keep them up to date on
what's happening right now these experts are at the center of the market and have a way better
idea on what's happening right now than you and me ever could my father-in-law super nice and lets me
read all these newsletters and i've been reading every newsletter and update that they've ever put
out since 2016. and i can tell you right now that every single one of these newsletters is telling
their subscribers to buy buy buy while average investors are running scared freaking out and
talking about how bitcoin's gonna crash down to ten thousand dollars they're telling their
subscribers that this is a fire sale and to grab top tier crypto projects at an absolute discount
to prepare for the next massive movement and every single one of these newsletters is saying that the
crypto market is about to absolutely explode to new all-time highs like we've never seen before
i'm going to talk about all the forces that play according to these experts that are going to cause
crypto to absolutely explode but before we get started if you appreciate this content that i've
just been just carefully crafting from the pit of my soul you can press that like button click
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bitcoin historically goes through four distinct cycles up until this point for the entirety of
bitcoin's existence it has never broken these four cycles we saw this in 2013 we saw this in 2017 and
we've seen this so far between 2020 and 2021 the first part of the cycle is the bear market
okay where we see prices go down steadily over months or sometimes over years the second part
of the cycle is the accumulation phase where we see the market basically going sideways for again
maybe months or sometimes a year the third part of the cycle is the bull run where we see the
market take off and go on an upward trajectory for a period of time and the fourth and final
phase of the cycle is the parabolic rally where we see prices basically go vertical everything
goes bananas everyone starts thinking they're going to be just mad billionaires and the price
of crypto just absolutely skyrockets now between every cycle historically literally every time we
have a sell-off so if you're going from the bare face to the accumulation phase before that happens
you're going to see a market dip in a massive sell-off and then it goes into the accumulation
phase now before the accumulation phase goes into the bull run you're gonna see a market sell-off a
massive dip then it's gonna go into the bull run and then before the bull run goes into a parabolic
rally you're gonna see a market sell-off a massive dip and then it goes into the parabolic rally and
then before the parabolic rally restarts the whole thing you're gonna see a market sell-off a massive
dip that is historically how bitcoin cycles have always worked and there's nothing to indicate that
it won't do the exact same thing right now in this current cycle phase we're in now you're probably
wondering where we are currently what cycle are we in currently right now well the last parabolic
rally we had was in 2017 december we saw prices absolutely skyrocketed we had a massive sell-off
transitioning from the parabolic rally to crypto winter which lasted years lasted a long time where
we had this massive bear market we had a massive dip in sell-off and went into the accumulation
phase then we had a massive sell-off and we started the bull run and that's what we've
been in up until this point we've been in the bull run we went from bitcoin being 3
000 all the way up to bitcoin being almost 70 thousand dollars and then what happened we had a
massive sell-off in a price correction so that would signal that we have transitioned from the
bull run phase to the parabolic phase that's what all these experts are saying we're about to enter
the parabolic rally which is the point out of all four phases of the cycle where you have the
potential to make by far the most money is in the parabolic rally now obviously a few notes
just because bitcoin's always done something historically in the past a certain way doesn't
mean it can't do something different this time these experts are really smart they're really
connected but that doesn't mean they can't be wrong so what are the underlying factors that
could potentially push the market up or push the market down well obviously you probably already
heard about el salvador making bitcoin a legal tender in their country they plan to mine bitcoin
using a volcano which is kind of awesome and people are really really excited about this move
from el salvador to adopt bitcoin as legal tender in their country people aren't excited because el
salvador buying a bunch of bitcoins is going to cause the price to skyrocket they're a really
small country it's likely that adoption will take a few years and they're likely not to have very
much of a price impact themselves on bitcoin it's more of what they're signaling that's important
they're signaling that bitcoin and on a wider scale cryptocurrency is a legitimate asset it's
something that people need to take notice of and take seriously it's helping build up confidence
among world leaders institutional investors and companies that they need to be taking
cryptocurrency more seriously it's possible that el salvador's push to legitimize cryptocurrency
could be enough to cause other dominoes to fall that are waiting we're still waiting on a
bitcoin atm we've been waiting forever to see our actual bitcoin etf hit the market we still haven't
seen it there are companies that literally year after year submit proposals to the sec
to see a bitcoin etf come through because a lot of people see a bitcoin etf is like the white whale
of crypto investigation if that would happen it would provide so much legitimacy to cryptocurrency
and bitcoin that we would see dominoes just start falling all over the place and we would
see bitcoin's price absolutely skyrocketed and if you haven't been in cryptocurrency for a long time
you should know that if bitcoin's price skyrockets the whole rest of the cryptocurrency market
follows along with it and if bitcoin's price drops the whole rest of the cryptocurrency market
follows along with it so what's good for bitcoin is good for all cryptocurrency and what's bad for
bitcoin is bad for all cryptocurrency at least currently in today's market and if we were to
see a bitcoin etf it would be massively good for bitcoin so what's happening currently with bitcoin
etf well we've come a long way since 2017 we've made a lot of progress but the sec still keeps
denying bitcoin etfs right now we have a fan act bitcoin etf that's you know submitted for proposal
the sec keeps pushing off the ruling and then when they eventually have to decide they reject it
but a lot of these experts are saying it is looking more and more likely that 2022 we will
for the first time ever in the us see a legitimate and real bitcoin etf hit the market which could
massively propel the entire cryptocurrency market to new all-time high another factor that's at play
that's not related to bitcoin but still could hugely affect the market is what's going on
with ethereum there are a lot of upgrades that are coming onto ethereum that are radically changing
the way that ethereum works we've already seen that with the first initial upgrades to ethereum
that you know allowed us to stake ethereum in july we're going to see ethereum self-destruct
meaning they're going to start burning ethereum and reducing the overall supply of ethereum which
should by itself cause the price of ethereum to start rising which could cause the whole
rest of the crypto market to start rising as well this should also reduce overall the fees
on the ethereum network which should make it a lot more usable hopefully right now one of the biggest
drawbacks of ethereum is ridiculously high fees and whether you like ethereum or not what's good
for ethereum is going to be good for the rest of the cryptocurrency market as of today most of the
cryptocurrency ecosystem most of the d5 ecosystem is still built on ethereum so if ethereum
experiences a massive price rally if ethereum gets a massive game changing update then that will
affect the rest of the market the biggest update obviously will be when ethereum goes full-fledged
2.0 which they're saying will happen in 2022 and that'll be another massive market catalyst that
could push the entire cryptocurrency market to new heights it may be the most important
thing to pay attention to in this video if you're gonna pay attention to anything is what's going
on currently in the united states and globally with inflation you've probably noticed that the
price of just about everything is skyrocketing right now that's because we're starting to see
some of the consequences of the federal government printing all of that money if you haven't heard in
the past 14 months we've printed 40 of all the money in existence you can't do that
without affecting dramatically the entire economy now obviously the government is working really
hard to have it not affect the economy but there's only so much that they can do and because they
printed that money it's causing inflation we're seeing the price of lumber going through the roof
we're seeing the price of houses going through the roof we're seeing the price of everything
just climb climb climb climb and you might be wondering well what does that matter when it comes
to cryptocurrency there's a few things you got to know there are different kinds of money problems
that people have most people have the problem of not having enough money but really wealthy people
have the problem of having too much money and you might be thinking how is that a problem and it is
kind of hard to understand when you've never had that problem when you've always been stuck
in this world of not having enough money what you have to understand is 10 percent of the population
the planet controls 90 of the planet's wealth and if they just stick that money under their mattress
or they just stick that money in a bank account it loses value rapidly they need to put that
money somewhere where it's going to appreciate and continue generating wealth but when you have
that much money you have to worry about something called liquidity think of a project or think of
a token that only has a market cap of one million dollars and you were to go in and you were to try
to stick 50 million dollars into that project just you alone buying that project would cause that
project to 50x meaning you would take the value or the market cap of that project from one million
dollars to 51 million you're probably wondering well wouldn't that be good now you just 50 extra
money no that wouldn't be good because if you try to sell you're gonna cause that entire product to
absolutely plummet probably far lower than where it started in order for you to be able to reap
the gains when you have a lot of money you have to invest in a project that has enough liquidity for
you to be able to slide in and slide out without dramatically affecting the underlying asset so
they can't just stick this money anywhere which is one of the big reasons that we haven't seen
a ton of institutional money flow into bitcoin because it's just never had enough liquidity
for that institutional money to flow into it so these people have a bunch of money they can't just
leave it in the bank because inflation's rising and it's eating away their money so they have
to put it somewhere not only that but they're probably going to want to diversify so they're
going to buy gold they're going to buy real estate we're already seeing blackrock they're buying up
entire neighborhoods because they got to put their money somewhere they're going to buy businesses by
buying stocks and big companies like apple and they have the ability to buy bitcoin bitcoin is
now a trillion dollar asset meaning it has enough liquidity for these big players to put their money
in now they're not gonna put a lot of their money in but even if they just put one to five percent
of their money into bitcoin we would likely see prices go through the route and it's a
place they could put their money and have it safe from inflation on top of all that normal everyday
people like you and me are also looking for places to put our money instead of having it in the bank
account because we also don't want to lose money because of inflation and so people that are a
little bit more financially aware are putting their money in gold they're putting in stocks
and they're putting it in bitcoin as well and then even broader than that just the fact that we're
seeing rising inflation we're seeing houses go up in price we're seeing lumber go up in price we
will also just because of the forces of inflation see the price of bitcoin go up and finally some of
the biggest players in crypto and wall street are using this opportunity to buy up crypto while they
can micro strategies just announced that they're going to buy another billion dollars worth of
bitcoin solana just raised another 314 million dollars from institutional investors and bitwise
raised 70 million from some of the top wall street investors and goldman sachs plans to offer
options and futures on ethereum because their institutional clients see this entry point as
a great opportunity to get into the market and goldman sachs has come out and said the
institutional adoption of cryptocurrency will definitely be continuing in the coming months
and what you have to understand is only 10 of institutional investors are actually currently
invested in cryptocurrency and they are regretting not having jumped in it when
the prices were lower so just 10 adoption that means we have 90 of all institutional money
still available to flow into the cryptocurrency market and absolutely cause the cryptocurrency
market to explode in value and we can already see that they're taking notice right now they have a
lot of money they gotta invest it somewhere a lot of them are taking this opportunity to buy the dip
get invested if you have any questions or want to add to this let me know in the comments below make
sure you click that subscribe button and the little bell next to it and i'll see you guys
later