Bitcoin is About to Shock the World.

[@bravosresearch]

🔥 BLACK FRIDAY DEAL! GET 40% OFF 🔥 👉 bit.ly/3Z1P1d6 (EXPIRING December 7, 2024, at 11:59 PM ET) Subscribing gives you ACCESS to: ✅ All our current ACTIVE trade ideas 🔔 Trade alerts on any adjustments and NEW trades 📊 Our short-medium-long term outlooks on the stock market (3 episodes a week) ⚠ Emergency updates on market opportunities 🎓 A TON of education on becoming a profitable trader Subscribe to our FREE Macro Report 📈👉 newsletter.bravosresearch.com

[@dcd6115]

We used to think Bitcoin could be a hedge against a stock market crash (like gold) but we learned from the past few corrections that is not the case. When stocks drop, so will Bitcoin. And that is when you buy.

[@Utoko]

Who is we? Bitcoin was always a hedge against inflation (fiat). Inflation never goes away so Bitcoin will always be fine in the long run. There are a bunch of useless shortterm factors which you can all ignore as a hodl'er. Bitcoin is the easiest asset to just hold. I only made 4x so far but you have to start somewhere.

[@Loppy2345]

When the stock market falls 10%, Bitcoin is going to fall 50%

[@hamshef1hamshef140]

I feel like 100K will be the hard resistance for it to break, because people will see that magic number and will want to cash out on it

[@dividethesky2]

Bitcoin doesn’t care .. they are already discussing a bitcoin reserve this is new development

[@UniDeathRaven]

when that happens, expect btc 250k.

[@michael9955]

The US Treasury is prepping to be the bitcoin bagholder

[@crowbarenjoyer]

yep, trump is 100% gonna start his own crypto exchange and pump and dump it using government dollars

[@connorferguson2269]

that would be the death of the bond, large institutions what stability, bitcoin is anything but that

[@rnstandsforredneck]

With all the internet sabotage in Europe, people will realize how fragile the price can be when they can't trade it anymore

[@rnn2066]

And what about your bank account? You think that will survive?....

[@GabrielCazorlaPersson1]

I was honestly wondering if I was the actual fool in preferring to stay away from the FOMO of bitcoin. I can remember when it was around the 40-50K peak and it crashed and I thought should I buy in case it goes up? Looking at the actual comments in this channel that is about investing/trading and seeing the skepticism around bitcoin tells me enough of its future prospects.

[@Leandro-df9hp]

lorawan

[@justhodl6562]

market selling my btc

[@KiddeeKush]

STARLINK

[@larryhorowitz6690]

There is another resistance level near $150K. The 2.618 Fibonacci retracement of the large decline from about $69K to about $15.5K is at about $156K. So there is some confluence of resistance there, for a pause or worse.

[@assasaindude]

You mention the large inverse H&S but not the cup and handle pattern? I'm curious why.

[@BanglaInvestor]

Auto sales are 3 year low ground truth

[@simonpichna4174]

Can anyone share with me their experience subscribing to bravos research? Is it worth it?

[@ilikeboringthings9]

I just don't get what the utility of Bitcoin is. I reckon it's just a speculative asset.

[@alphaikaros417]

It is a massive bubble fuelled by people wanting to get rich by selling it to someone else for more than they spent. Currently 99% of people who bought bitcoin are up on their investment but only because no significant amount of selling happened. When a decent percentage will start selling it will crash spectacularly. Bitcoin is a decentralized self-assembled pyramid scheme right now lol

[@jfyhou]

it is a speculative asset. That means it can get much higher and it can also drop significantly lower.

[@sukkeri]

It's a future reserve asset. Also it's an emerging market asset used by ordinary people in those countries.

[@BIGGOODBOY]

Digital gold. Imagine you have $15bn that you can put on a digital wallet and take anywhere in the world. No bank. No bags to carry with your money. Secure digital store of wealth. Its utility may not make full sense now just like the internet didn’t but in 10-20 years it’s going to make more sense

[@henrytep8884]

I mean the main thesis is that: 1. Its a stored value, has the classic characteristic of money, such as fungibility, scarcity, etc. Its worth actually comes from the blockchain+electricity. 2. Decentralized currency 3. For mass adoption, just like any money, it requires trust from people to use it. But the characteristic that makes BTC a good store value does not make it a good utility coin for day to day transaction. 4. I'm not a fan of crypto, as the underlying asset is blockchain+energy+trust, while the us dollar is backed up by, the USA(land), the military, and trust.

[@Jayshadys]

Bitcoin is money. It’s the opposite of fiat. It will grow in value and shrink in availability as technology improves.

[@j0sh145]

Can someone please give me a real reason that someone should own crypto/bitcoin. There doesn’t seem to be any real intrinsic reason for the big price swings besides FOMO and supply and demand.

[@tamilvendans4892]

Its just supply and demand. You can literally swap bitcoin with dog shit and can treat it like same , their price will go up

[@alphaikaros417]

The only real reason is for making transactions that governments cannot stop. That's why bitcoins only regular users were on the silk road to buy unregulated pharmaceuticals. However even that market is gone for bitcoin because nowadays those people use monero

[@ManiPulatoR84]

You want a reason? You already named two xD I'll call them slightly differently: Human nature and our financial system. But - no offense intended - that question is usually posed by people who don't understand what bitcoin (or crypto in general) even is. Don't know if it's the case with you, you alone know the answer :) I won't get into details, it's not classified information, everybody might do their own research on it. At the end of the day, nobody is forced to buy anything. But investors who aspire to be successful tend to observe and emulate what "big money" or "smart money" does. And as far as bitcoin is concerned, there's a sh*tload of smart money invested in it. It's already the 7th biggest asset in the world by market cap. Now: Does every single investor know the exact reason why smart money puts their money on a certain asset (in case this kind of information is even publicly available)? Or is it enough for them to know that smart money is investing in it? I personally think it's already too big to be completely ignored. But what do I know? 🤷‍♀ Its potential to draw in more money might be maxed out, or we might be way past the fair value, or we're still far from it. Many people have many opinions on it, but smart money seems to believe there's much more upwards potential. As with everything else, I'd do some research before jumping in - and yes, if I don't want to invest in it long-term, I'd do some serious TA on it 😄.

[@air-ren]

it’s for the most part speculation. I am aware of its implementation in ISO20022 replacing the SWIFT banking system next year but i’m not sure what that does besides the price of those cryptos rising due to that news Also games are implementing crypto economies only time will tell how that goes

[@carlos_zamora]

Should you not also ask why you should own US dollars?

[@Timothyjackzon]

The greatest ponzi in the history of humanity

[@justhodl6562]

you could have bought some, but you prefer to be smart right

[@Yupthereitism]

Bitcoin is the only currency on the planet you can not inflate. It seems like literally everything is worse…

[@brianshaffer1207]

100% The Golden Era of Fraud. The only source of money in bitcoin are new buyers.

[@sojithesoulja]

Super easy, barely an inconvenience.

[@idput187]

seeing a pitch meeting reference in a completely unrelated channel is TIGHT

[@ConcealedCourier]

Awesome work as always guys.

[@Tom-yr6kt]

Bitcoin has no 'value'. Bitcoin has a price

[@fromnsk]

Says who?

[@jameshowell450]

Fiat has no 'value' either.

[@jabibgalt5551]

Nothing has intrinsic value, but people do value things - and a lot of people value bitcoin, so much they're willing to pay almost $100,000 right now for one of them.

[@carlos_zamora]

It has no “intrinsic value”. But to claim it has no value whatsoever is incorrect as per the definition of value; as long as there are people who perceive it to have value, then it has “value”.

[@Yupthereitism]

Its a secure store of value, that’s invaluable

[@quixomega]

I predict Bitcoin crashes the minute there is any sort of stock market uncertainty.

[@theteamxxx3142]

There are certain cycles probably btc will find a top at the end of the month and then stay under it for 2 months then it will pump again to 150-180 k with also the alt season then 2026 bear market and 2027 will be the bottom and the time to put your house

[@PepeTheFrog2016.]

That is not a prediction. That has happened every time since the inception of Bitcoin

[@ERMAV]

You’re so smart 😂😂😂😂😂

[@blockaderunner]

@@theteamxxx3142 I know someone RIGHT NOW who's putting his House....AND his Church right next door (I kid you not closed shop on his church which only had a few members) to buy all-in on Bitcoin. He already has 5 of em. The dude is highly intelligent albeit crazy. I've talked with him intensively on various subjects for about 3 years now. I'll probably never see him again, but I got his number.

[@well-blazeredman6187]

I'm no Bitcoin fan and won't be dabbling - but I do like the characteristic of there being a finite number of coins that can be mined. Good video.

[@brianshaffer1207]

Bitcoin is limited and scarce - its just a number in the code. How is anything that isn't physical can be scarce or limited? 2,100,000,000,000,000 Satoshis in BTC. The pie is cut infinitesimally so there is no shortage.

[@smikuella2143]

Everyone expected a move up

[@CJ-jo6do]

I'm wondering if Bitcoin is starting to turn into tulipcoin. Other than a means of exchange, that's only digital, theirs no other use. The US dollars has at least has a physical means of exchange. Metals has other uses that drives it's value. Other than "the charts say..." How is BC hitting 100k and go higher?

[@in6tinct]

Please read the Bitcoin standard

[@mrpeanutbutter6257]

Plenty of smart people are building financial tools on the layer one.

[@Smallpriest]

Starting? Bitcoin always has been a tool that's only good for speculation. There's basically no real world use cases for Bitcoin

[@RationalTrade]

What percent of US dollar is physical ? 5 percent. So dollar could drop to $0.05 in value ? What are industrial uses of gold ? 10%. You think the price wouldn't drop by 99% if it wasn't used as a store of value ? There is a value for bitcoin because many people assign a value for it. That's it. And that is true for EVERY other asset.

[@justhodl6562]

the price increase in gold is speculation, nobody is buying to use it more on industry or jewelry. Also Us dollars are good for exchange thats why we hold btc(also supply capped ) longterm, and not dollars

[@breadandcircuses321]

Newsletter?

[@C4_Jamza]

I'm trying to find that too

[@marcelorachevsky8944]

👏🏻

[@bobbyflowstate]

The dollar dropped in 2016 after Trumps election though.. so BTC continued to go up when the dollar dropped didn't it?

[@jimbosavage]

I would have liked to hear you talk about the European recession and overall weakness in the eurozone economy. A lot of people are expecting eur/usd to go down. This will cause us assets, bitcoin, gold, and the dollar to all rise simultaneously and euro holders run for safety

[@hanisza2924]

Btc is just the same as dollar....and created by the same entity. Human created both systems and those are not real money.. Unlike gold/silver.

[@midwestcannabis]

🥳🥳🥳✌️✌️✌️

[@12q8]

It will go up. Mostly because of the stock-to-flow index

[@Big_dog4006]

Your chart is not up to date. I am going with the DXY association. Trump is a single instance of history.

[@Riley_Babe]

Great fool won, so greater-fool-theory jumps in?

[@justhodl6562]

its called investment, you buy low to sell to someone who thinks is gonna go higher

[@janejohndoe348]

It's a cup+handle, not an inverted heads+shoulders. If you're late to the party, buy SOL for higher beta. However, be ready to sell when Trump tanks the economy.

[@daneedwards2644]

From the research I've done after this rally there's a long way down in cryptocurrency. Good to take profits now.

[@j0sh145]

Im not gonna lie, I really do like your videos but how do you use the dollar and the S&P 500 as a tool to be able to calculate and quantify a fair value for bitcoin. This just my issue with bitcoin and crypto in general. It will never be anything more than what it is right now, a risky and speculative “investment”.

[@yaru22]

I'm the first!

[@ankitjain195]

I see a bitcoin to drop 50-60% before trump take charge 🎉🎉🎉😂😂

[@Utoko]

It depends on who gets put on the FED chair. Right now the expectation is a Crypto friendly and also one who lowers interest rates further. Which is both good for BTC.

[@UniDeathRaven]

that would be gods bless for me to long that shit

[@CoasterRanger]

BTC is already up more than 50% since Trump won the election, dummy.

[@blockaderunner]

@@Utoko also 3 years from now will be here before we all know it - time flies, and another "halvening" will commence yet again, it's crazy

[@Patrickweyland87]

First

[@gagegaming7450]

the market is going to crash my boy...

[@gecn9685]

So? It has alrdy risen from 15k to 100k my boy... what have you been doing while so many others are busy getting rich my boy...

[@KK2004-]

People who think like you are paying out people like me

[@UniDeathRaven]

can it do it faster? I want cheap things.

[@justhodl6562]

nothing ever happens when pesimistic

[@Michael_NV]

I couldn’t care less, what is going on with Bitcoin.

[@3yftz]

Everyone couldn't care less about what you think

[@C4_Jamza]

Why?

[@dasraubtier6265]

Exactly. I hope they make a separate channel for crypto

[@morkdel4084]

Smart

[@SigmaShorts911]

Yikes

[@sunnohh]

Meanwhile bitcoin has no use, value or exchange utility, so I guess btc to the moon!

[@Yupthereitism]

Bitcoin is the only asset in the world that can not be inflated. It’s literally a perfect store of value and even a currency. You don’t need a bank and no single government can control it. How do you not get that?

[@iandavis594]

Bitcoin goes to 20k before it breaks down to zero.

[@usernotfound904]

Bitcoin going to $0.00

[@mrpeanutbutter6257]

Lol, the miners wont let that happen. And who owns the miners? 😉

[@JesusIsELOHIM]

Its mathematically impossible 😂😂😂

[@RationalTrade]

Short it then.

[@Yupthereitism]

Good luck with that

[@michael-qp9xd]

All leading Bitcoin expert say bitcoin is new tech. And technology always changing and advancing at faster and faster rate. And like all new tech in past - pony express, candles, telegraph, film, land/corded phones, vcr, pagers, vinyl records, crt tvs, cassette tape, cd, floppy discs, etc all die and go to zero. Bitcoin mostly peaked for usa pop about 6 yrs ago at 16% and yes maybe little more interest now with Trump talk but he is old and out in 4 yrs. Other tech like internet and cell phones never had this pause and in just several yrs went to 70% and up. All people i closely interact with daily/wkly (about 30) none understanding bitcoin details so none buying bitcoin. Bitcoin not with much use and mostly just for high risk gambling and just poor for personal transactions with high overhead cost and then negatives with all related scams and collapses. And know USA government can get into bitcoin tech to trace all use. Think in just few more yrs bitcoin will be forgotten like pagers. So Bitcoin to gone for good in 5 or so years. Super/quantum computers and AI to lead to new better tech for transactions and all else. Yes issue for who controls new tech but old bitcoin dead.

[@PepeTheFrog2016.]

Sell Bitcoin above 100k

[@UniDeathRaven]

no sell NOW.

[@justhodl6562]

believe