Foreign put foreign hands up, put your hands, i might just have up, go stupid, uh, don't put your hands up, i might just have to go stupid if moon, gang welcome to the crypto show the crypto course sure i guess we're going on the shore now the Crypto cores show for today, wednesday december 29th, we're going to be talking about quite a few things, but i really want to talk about to kind of an idea and someone posted this and i think, there's some interesting information for at least us to consider and dive Into about how bitcoin could potentially reach 333 000 and actually relatively pretty quickly, of course, we'll be diving into that. I want to talk a little bit about nfts metaverse, the little thing that ozzy osborne's doing. We have a lot to get into and really just actually some commentary from well-respected people in the market. Investing trading community we're seeing a lot of bullishness now i know the price action today, particularly for crypto, is not the most bullish.

If anything, it's a little bit more boring. Let's dive into some of these predictions that we're seeing a couple months a couple years out, because i think you might be pretty impressed. Let me switch over right here. Let me take these off.

I forgot. I have my glasses on my apologies. Going blind anyway, like i said not much movement in the crypto world. Today, 2.2 trillion we're seeing a little bit of red uh.

It might actually be better if i show you this uh so over the past two, like on the two-hour chart bitcoin ever since the past day now just flat, we're seeing that kind of in ethereum solana avalanche a lot of crypto right now, over the past day Day and a half pretty flat, so yes recently, there's been a sell-off, but it kind of has that vibe that we're starting to put in a short term bottom and let's see, if buyers, step in and we're going to get into more of this. At the end of it, but we're seeing a lot of technical bullish divergence, so i'm personally excited for what that could really lead to. But if you want to check out some of your favorites right here over the past 24 hours previously, it was a sea of red and now we're getting a little bit of a mixed bag. Yes, of course, there are things that are still obviously red, but um, like i said i think you're gon na be excited when we get into the technicals of the situation.

So, to really kick this off, i wan na this was a tweet earlier by michael saylor, who he is the founder and the ceo of microstrategy, but he's also an outspoken supporter, bull of bitcoin of crypto, and he posted this quote from marcus aurelius. The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane and marcus really is on bitcoin kind of interesting right there, but outspoken support of it truly believes it's a wealth creation opportunity, but Also a opportunity for humanity to improve itself, so if we take a little sneak peek at btc right here, let me go to the four hour chart it sold off. Recently people panicked. There was people who were greedy over leveraged, they got liquidated, it came down and ever since then it's been perfectly range bound.

This is the definition of range bound trading. We're waiting for this range to break. Obviously, but what i think is interesting is, if you take the opportunity to zoom out - and this is exactly what plan b did on twitter - i use the models to protect myself from emotions, which is so incredibly important in the markets. Right now, most people, including myself, fear further decline of btc price and want to sell, but an s2f model shows btc at the low end of the 50k 200k first.

One standard deviation bam similar to bollinger bands, keltner channels of like what's a normal movement and when you get to extremes, you're, typically looking for the opposite to happen. So, as you can see from this one that we're low kind of calling for a bounce, a buy signal, likewise, 200k feels like bitcoin, will rise forever, but s2f says sell so just to kind of make this a little bit bigger. So basically, it's saying that when you're on these bands, that's that's a one standard, deviation, move away and when you're on the outside of that, whether the top side or the bottom sign that's abnormal uh, because one standard deviation, i'm really pulling on my math class here. But i think that accounts for about 63 percent of all price action and then a two standard deviation band is going to account for over 90 percent but anyway.

So one standard deviation well, if you're using this as your signal from literally any time from what. Let's call it 2011 onward whenever you get to the bottom of one standard deviation, if you were to buy at all of these look, what happened right after did it happen instantaneously after no, but if you had patience, which i do think that this is a patient's Play it ended up working out for you. I am a long-term believer in crypto, particularly bitcoin, especially when you consider what's going on with the endless amounts of printing over and over and over. I think right here, this being on its ban, like it's keeping your emotions in check, if you like something, of course, you want to buy it on discount and plan b.

This is the twitter account kind of showing that using this model, this logarithmic model kind of signaling that this might be a solid, buy opportunity, and that's not the only one. Let me show you this. This is so so wild bitcoin can hit 333 000. One more time for the people in the back bitcoin can hit 333 000 parabolically.

If this btc price fractal plays out bitcoin could target a massive 330 000 by may of 2022 january february march april may five months, not even half a year. Folks may 2022. If the us federal reserve provides a perfect storm of low rates, a new prediction argues. So this is the argument from phil film.

If you want to find that account on twitter, um, analyzing fibonacci sequences alongside historical price action in previous halving cycles, bitcoin could search past 300 000 as a result of the fed officials, toning down rate hikes. So this is very, very interesting, especially because it's connected to the world of people viewing bitcoin as digital gold, as in a digital way in which you could, hedge against the insane inflationary nature of. What's going on with the usd and not just the usd. But what's happening globally right now because of the rona governments made decisions to print literally trillions of dollars of local currency, which ended up devaluing said currency and right now we know with bitcoin, there's only 21 mil that's how it works.

There's 21 mil, there's never going to be any more. So it's not going to be inflated the way the usd has been horrifically over the past year and a half to get there parabolically. We should probably need a perfect storm of the fed being unable to raise rates. So right now rates are borderline, zero and the current prediction well at first they're like are we even going to raise in 2022? And then things got a little bit better in terms of the stock market which just hit an all-time high two days ago and then they're like okay.

We should probably do one interest rate hike and now the conversation is saying: okay, we're probably going to have two and now some people who are particularly hawkish, the exact opposite of what our federal reserve has been being referred to as dovish is saying. Are we going to get three rate hikes, so none of that is decided right now. It's pretty obvious that we're gon na have one, and it seems like the fed's going really in the like the direction of getting two rate hikes in the calendar year of 2022, which clearly has implications on our money velocity and thus also all these inflationary, hedges, such As bitcoin digital gold unable to raise interest rates, uh, which are pro probably priced in and heightened inflation leading to a flight to safety in btc. So the argument here is, if something's, going on and there's some sort of - let's say economic federal reserve political pressure to not do these rate hikes flight to safety, because if you don't raise rates, that's going to keep inflation going at a craze! That's how you battle! Inflation is by raising rates, so if they can't battle it, it makes this argument of a strong inflationary, hedge, aka, btc, being a more attractive option, and let's hop into this, i like this - you don't have enough crypto for what will happen in 2022.

So i hope this is big enough for you, but if you're following this fractal and this logarithmic graph, so this is from 2019 onward, you can see how accurate some of these were a hit, a hit a hit and the projection moving forward is calling out. 333. 000, if the pattern that has been pretty accurate up till now, not 100 accurate, but surprisingly accurate. If we continue in this pattern, that's a lot.

That's a huge gigantic gain. Now, please remember for btc to actually hit the market cap currently of gold. Bitcoin would have to be trading at 600, 000 and just for it to be worth 1 trillion flat. That would be trading at 53.

000. Just so you know those two numbers as astounding, and this may sound. Such a scenario is at least technically not as far fetched as it seems, and previously this is kind of interesting btc for our chart. Canon closes oops, my apologies.

Let me just hop back to this candle closes in about an hour. It could be the first close above the 200 ma in six weeks. Price action prior to this uh cross looks similar this time and that's actually ended up with leading to these signals. A nice push to the current high of 69 000..

Now, whenever you get into this worlds of if ands and buts, it's very important to know the actual numbers that you're dealing with and whenever you're talking about that, you have to talk about supply, and i came across this article that i just wanted to share with You just 1.3 million bitcoin left circulating on crypto exchanges as in low supply and obviously when there's low supply high demand. What's this price, do it goes crazy? Six point: three percent of total bitcoin supply is left on exchange wallets according to a new analysis by crypto rank in glad tidings for an orange christmas bitcoin supply is drying up to lows not seen for years in a recent tweet by crypto rank just 6.3 percent Of the total bitcoin supply or 1.3 billion, btc million excuse me, 1.3 million with an m btc is held on cryptocurrency exchanges. The decreasing supply is nothing new trending down since the bitcoin having in 2020, when the btc block reward was cut into btc availability on exchanges followed suit, slowing trending down over the past year. We've seen this historically, this is not uh a new phenomenon by any by any means, but i do want to point out just like the classic laws of supply and demand when demand rises and supply drops, the price naturally has to go up.

Price is the equilibrium between supply and demand, and i would strongly argue that, for i guess, social acceptance, uh corporate acceptance, wall street acceptance and also because of inflation demand for crypto going up particularly bitcoin, but a lot of the major ones in the top 10 20. On coin market cap, but beyond that, when you see the supply going down, man that just pushes the supply demand curve to the upside, which means that equilibrium point between the two i.e, the price goes higher and higher and higher all right. Moving on now, i do want to be balanced. I don't think it's good ever to be in an echo chamber of confirmation, bias of saying.

Yes, it's all perfect and i don't want to hear anything about the nayside. Let me point out some of the people who are probably not as excited or don't quite believe in this, maybe to the degree that you do to the degree that i do bitcoin slips under 50 000. A mid warning new player. Binance whale is pressuring btc prices.

What appears to be a new player starts flipping 50 000 to resistance, after some believe christmas cheer for bitcoin bulls, and we have a little thermopylae style, spartan kick of bitcoin, but based on some of the action that people have been tracking lately, it does seem as If there's actually a new player in the game, who i mean you could check out this article if you want, but it seems that has created a strong wall of resistance, a strong roof of resistance at 50, 000 and in all reality. Yes, 50 000 is a key psychological level and then it's a technical level. But beyond that we also have 52 000. I think a break above that gets some enthusiasm and then an additional break above 52.

I think it keeps going and going, but i just want to bring this up being as balanced as we possibly can um and just so you know with every one opinion you have people with the exact opposite opinion. I mean right here: bitcoin dips below 47 000, but one trader is eyeing solid risk reward for longing btc right now, so you have many people with many opinions and i think, given enough time when all this plays out, i think the bulls, the longs, the people Who believe and see the vision of crypto from the highest level in the future? I personally believe are going to be right now. Speaking of all these other options, a little bit of year in review the year of 2021, was interesting. For many many reasons, i myself have been very much ingrained in the world of retail traders and the ape nation, particularly referencing, amc and gme.

I've also been tracking, what's going on with dog, shiba inu and more recently kind of seeing all the fun and the craziness and the high velocity the high octane just insanity of nfts, and also how that interplays with the world of the metaverse. And if you check this out, there's been some crazy things so like when bitcoin got a little bit, i don't know, let's call it boring all coins outperform. You see a lot of money, so this is just a market cap um tracking btc dominance. Well, when that starts to drop, that tells you that a lot of money's going into crypto, but it's going in a different sector and a lot of that had to do with.

Yes all coins. We know, there's always these crazy stories of all coins. It seems like every day there's another one exploding, but also nfts nfts took the world by storm this past year and my prediction that i've been talking about, i think the world the year of 2022. I think the world of nfts get better and bigger and i think the same thing literally actually happens with the metaverse and i'll, be talking a little bit about more that in like just a second but yes, the the growth the size, the money involved in it.

I mean it is wild between nfts, the metaverse and crypto based gaming. Those are some of my big bets for 2022, not just to call out to all of you, but also plans that i have to make like financially myself. I want to take bets on it, and so is our boy ozzy osbourne ozzy osbourne is betting. Fans will be hungry for his new nfts, the former bat biting black sabbath front man and currently reality tv star will launch the crypto bats nft collection in january.

Very, very soon, if you want to get a bite out of this ozzy osbourne, the former lead singer of the heavy metal band black sabbath, who bit the head off a bat during the concert in 1982, is making his first foray into nfts according to rolling stone. There will be 9666 unique, nfts anon to the infamous concert this nft comes with something unique. Each crypto bat has a feature that when activated will let collectors birth, an additional nft by allowing their purchase to bite and mutate with another nft from their digital wallet. This feature called the mutant bats, will subsequently allow owners to combine their attributes of two separate projects, and this is being done in collaboration with the board ape yacht club, crypto, toads, sup ducks and a fourth uh, all pretty well recognized, and obviously everyone knows uh.

I mean unless you're living under rock, you kind of know who ozzy osbourne is. I bet this is gon na, be wildly popular. It comes out. If you want to know more information about it.

There is a discord and they're doing a pre-sale. That type of a thing right here, if you want to know like more information, how you could get your hands on one, i bet these go for a pretty penny. I really really think that they will and i think it's just funny and it's another - it's just another sign like it doesn't take much time, but day over day you can find more pieces of proof of mass adoption. I mean this is ozzy osbourne.

We have some artists getting into it uh before that there was a whole swath. I mean we know snoop dogg recently, we know kevin durant. We know stephen curry. We know tom brady uh.

We know many. Many companies, celebrities, artists, uh athletes every single day. The adoption is ticking higher and higher and higher, which, to me says more and more opportunity. You just have to know where to look and one place you could potentially look is crypto and crypto gaming and the interaction between the two 2022 prediction gaming will lead to further crypto adoption, and i wholeheartedly believe, with this crypto gaming companies secured 500 million in funding During the first half of 2021, gaming will be an on-ramp for crypto adoption, so before i get into this, let me make it a little bit bigger.

It almost reminds me of how a lot of people are saying. Roblox is an entry for younger people or really anyone to get a little bit more involved with the concept of coding and game creation. Um, i think, there's a way games can be uniquely, i guess, positioned to help people understand. What's going on in the world of crypto, and that's exactly what a lot of these ceos and fancy types are also arguing it's going to lead the adoption curve because of the nature of the medium it's an entertaining and it's fun.

It makes crypto easy to grasp with axi infinity. You now have minimum wage workers in the philippines who understand what a crypto wallet and what a dex decentralized exchange is a lot of my own friends. Don't get that yet it's really developing economic value for people who spend their time gaming and can become, by definition, a job with a revenue stream, so that all sounds great. But of course there's always things to consider regulatory environment will look like for blockchain in 2022..

Now this is another one of my predictions. I do think the world of crypto gaming, metaverse nfts, will be here and will explode in 2022, but you have to consider similar to the stock market. I think the year of 2022 is gon na, have a heavy amount of regulatory fights, and i think that's the exact same for crypto here, um very, very important to pay attention to what not only the us government is doing. But what a lot of the world governments are doing, um to see if they are stepping up and how they want to handle the explosion of crypto? Definitely a worthwhile thing for me to at least call out to all of you, because it's important! It's not like the world governments are going to let this go unchecked and un unfeathered really, but i'm not alone.

There are obviously many people such as michael saylor, uh, elon musk. The list goes on and on and now we actually have more people stepping up that have that name notoriety, especially in the world of financing, no kryptos very, very interesting, something to pay attention to new co-founder of alibaba. One of china's biggest companies says that he is a fan of crypto with 7 000 blockchain related patents filed alibaba's co-founder says he likes crypto on top of that ray dalio, well, wall street legend new book is basically a 550 page macro economic explanation for why bitcoin Will be a 10 trillion dollar asset and we're obviously talking about like really competition in the world of gold? And one final thing i have for you to like close this show up is we're seeing not only individual people and previously countries such as el salvador being a mass adopter of bitcoin, but we have other things going on. Abu dhabi ramps up effort to become middle east crypto hub emirates already has two regulated digital asset exchanges in hopes to attract more with comprehensive regulatory regime.

We're seeing huge nation nation states being highly. I guess motivated to be a big player in the world of crypto kind of reminds me a little bit of el salvador a little different twist. There reminds me of miami and the us really trying to attract a lot of this crypto business, because their bet is in the long term that it will be a much more massive industry than it currently is, and i have to admit, i think they are making A smart bet that, given enough time, will be highly highly lucrative well. That is what i have for you on today's show of crypto course.

I don't know this is episode 10 or something i hope you were able to take something away from it before we get into your questions. Let me do some very quick short term, like i guess, text technical breakdowns for you, like i said bitcoin on the four hour chart. It's range bound. This is not trending.

You have a low at 46 000. You have a high at 52 000 you're. Looking for this support to hold, i think it will. The rsi is already pretty oversold and you're looking for 52 to break out.

This is the definition of being range bound in terms of ethereum, also pretty much range bound with the bottom of the range pretty close to where we are now 3700 rsi already extremely oversold. I think it's going to bounce off of that, so lana not as much rainbow uh it got hit with the overall crypto market, but look at this support support support found at 170 nice level to play off of avalanche, finding support at well right around 100. A little bit north of 100, i really am kicking myself for not getting more avalanche sub 80 when i had the opportunity, but it seems like all of these are really finding a higher new low. We have cardano, hopefully holding here at a dollar 35, not as beaten down as the other ones.

We have matic finding a beautiful base at basically 240 250. Looking for that to swing back above 260 and get going, we have she. Hopefully, this is the bottom in right here, around 34., beyond that we have additional support. At 32., loop ring big fan of that just waiting for the official announcement with gamestop nfts and their whole nft marketplace that i'm, i strongly believe blueprint will be the technology backbone of and and looking for, the base off that key technical and psychological level of two Dollars we have doge trying to recapture this trend, line around 17 cents and then mana and sand.

Looking very, very similar, i like to track those just to see. What's going on like how much excitement is there right now in the metaverse um? I think, honestly, if these start to turn around i'll, probably officially invest in those. I was just waiting for that opportunity to really really strike, but overall, some of these, i think, are at a perfect opportunity right now and then i think other ones. You just need to be a little bit more patient because you might be able to shop on a slightly better discount, but remember patience is key and when it comes to my personal opinions of crypto, i think the best thing to do is buy on discount and Wait and wait and wait.

It's not really something i personally actively trade. I know there's people who are out there who are hyper successful, active traders of it. But for me i i view it very much to be more of a long-term play. You pick your opportunities to dollar cost average and then from there you kind of let the technology develop and you're really banking.

On the cultural, social acceptance of everything that is playing out in this sector, i for one, is very, very excited and the recent over the past. What two three days, i guess discount that we're seeing in no way shakes me it in no way shakes me if anything, i'm just kind of seeing what's going on me like all right. Where can i actually buy more myself all right? Well, there. Let me give it back to you for a little bit uh some questions, uh casey did mac or sellers amc.

No and there's proof that i still you just have to go to public to see it um. Just because i guess i suppose i have the ability to speak of multiple things that doesn't mean you get out of another one um. The shortage is only from td the short interest that 40 report that's already been proven wrong. It's around 18.

19. I think. Actually, today's around 17 but 40 percent is an inaccurate thing and we could talk more about that in the power hour. Show that will start at 3 p.m.

What other questions do we have? Let them fire? I will legit invest 50k into your channel. If you spark a space race, obviously we'll have to wait until she rockets, but i will 110 support you. I appreciate that. I appreciate that.

That's so nice updates on eath 2.0 um there's a lot of predictions that it's still that official development will happen in 2022.. Uh, i have staked quite a bit of my own eth um for that movement from east, basically the current one to east 2.0. So i am just waiting waiting waiting waiting. What are my thoughts on ripple? I don't own any ripple, but i do like the tech and beyond that.

There's one lesson: i've really learned from this past year is you can't undervalue the support of a massive community and that's exactly what ripple has. I would be insanely scared to bet against ripple, but on top of that, like you also do have to kind of look into some of the, i suppose legal implications of what's going on with like the case is it? Is it not an asset um? I don't know what way that case is going to go, i'm not a legal mind, but assuming it does go in the favor of the ripple community. Obviously that would be a massive benefit and then even beyond it. Like i said you just don't bet against something that has a huge huge community support.

What else do we have? Can you still buy xrp anywhere? No, i believe the main place people have been getting. It recently is uphold, which is kind of one of the main reasons i currently don't have it, and that's just because i don't have an account on uphold. Um, it's ripple is not, i guess easily. It's not like ubiquitous around, like the most major uh crypto exchanges, but i think uphold is a place.

Where do you see a good entry on matic matic, matic, matic uh, a good entry was playing off the support that we saw on christmas eve around 2 44. um. If you're a little bit more aggressive, you could try to buy like if you're confident you could risk 240 and try to buy the breakout of 270. You don't want it to be a shoulder head.

Shoulder so ensure that it's not that's! Why i'm saying a breakout of 270, but there is obvious bearish divergence. They hit an all-time high, but the rsi went lower. So in the short term like i said, that is a bit of bearish divergence. But if you're, if you have faith in utility coins, particularly ethereum, i mean matic is a layer, two scaling solution to help with the speed and also the network fees um max been crushing.

It lately uh thoughts on actually mining crypto with the gpu setup. I'm on the fence also looking into h and t minor and, yes, you can xrp on bit. True bitru. I have 20k coins, so that's another place you can get.

It is bitru um. So we'll add that to the list, i believe okay so uphold and bitru. I think another one uh and please correct me: if i'm wrong, i think you can get it on gate. Io um, i think that's another place.

You can get some but please, like i said correct me: if i'm wrong there um i've never done mining myself. I think i'm actually going to get a minor and kind of set it up and like kind of do, a video where, like hey this, is my experience. Um. I have some friends who have done some mining, especially early on and now it obviously paid out in spades for them because they were able to mine early where the mining sphere was less competitive and they got bitcoin and if you're getting bitcoin.

At that point i mean you're talking sub 5 000 and if you're building up btc, then i mean right now: you're making an amazing amount of money. An amazing amount of money ftx also offers xrp man that's another day. I'm just hearing about how awesome ftx is. I officially made an account on ftx, i'm just wait.

I guess i just need to send some money over to it, but not a day goes by recently that people aren't stoked about it. I made an account, so i can tell you about the ui. The ui is beautiful. It's awesome.

I just need to get some money over there, so i can start trading on it. Start training on it very, very excited all right. That is what i have for you for crypto cores. I believe episode.

10. uh. I truly truly appreciate all the support if you want to talk about stonks and what's happening in the world of the spy tesla apple amc jimmy we'll be doing that at 3 p.m. For the power hour show so in about half an hour, but thanks for hanging out learning a little bit more about crypto on your way out.

I would be much appreciative if you could drop that like it. Just it really does help me out with the algorithm um if you enjoyed the show and you're trying to help me grow and get it in front of other people dropping a like and subscribing. If you haven't already, it literally helps me more than i could possibly articulate, because that is 100 of how the algorithms run in the back end, whether you're on rumble, twitch and or youtube that type of stuff it's free and it just helps spread the the good Crypto word. Thank you.

Thank you. Thank you. I appreciate it and until i catch you next time, as always best of luck in the markets.