Why Is Bitcoin Showing Weakness?

Bitcoin is showing weakness because of these two events.
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🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

[@CryptosRUs]

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[@bookofjerusalem]

BRETT meme coinbase ecosystem top.

[@bookofjerusalem]

BRETT to 3 usd.

[@innerdinosaur2898]

I’m Broke we are all Broke 🦖✌️✊

[@dariieldiaz]

😂😂😂😂

[@latinopr30]

😂😂😂😂😂 You hit it right on the button.

[@dormis]

🤣🤣🤣

[@serezhka021]

When scooter

[@hauntedandAloneFB]

😂😂😂😂😂😂😬😬😬

[@TeresaAvalosGarcia]

Interesting talk about AKDMTTP I suggest anyone to listen to the guy talking about it in the video. Personally I didnt think they would really do that but seems like the launch just happened and there are enough slots available, could be worth huh

[@AlexXander-qe7vt]

I want it but can't right now

[@shmalsinaFR_EPI]

How long is this open?

[@user-fw2wu1mo1e]

Honestly, for this year I am sure nothing comes close. They have the better basics and more purpose than 95% other projects right now

[@CheapReferral]

A smart pick for the next cycles

[@user-ny6dx8wb9p]

Is this claimable in Canada?

[@edwinnomarsalgadocedillo7010]

ACMERC, a pick with potential if they follow through!

[@JesusLopez-cv2cm]

Don't think You cant fight the ACMERC Fomo this time

[@yerku_gyx]

I'm staying in ACMERC till after ETFs being approved and will move into alts after that...

[@TownsleyR]

Every time you’re outta town BTC dumps 😂

[@chrismiles2223]

Nah fr George stay home

[@SkinnyCow.]

The George Affect - its a well known economic phenomenon

[@tarrded]

Someone commented George might be Trapped over there. smh

[@jeremyshock948]

Fr George needs to be on house arrest.

[@TechInfo-ul4xr]

THATS WEN HIM AND RICH BUDDIES ARE SELLING OVER THE COUNTER..DO THE SAME ...BUY LOW SELL HIGH..

[@patrickobrien2092]

When the halving comes I am going to lay an egg. When it hatches a baby George will come out and he will start his own KZbin channel.

[@Faith0929ROK]

So many noobs here. After halving we’re going to see more lows. Than after few weeks, there will be better movements.

[@dreas3686]

@@Faith0929ROK I would agree with you if BTC was rallying going into the halving but it's not.

[@Faith0929ROK]

@@dreas3686 hope I’m wrong but we got inevitable Islam vs Jewish war coming on top of Ukraine war. This alone will throw not just market off, gas prices soaring again will cause more damage to world economy. We will see but I see nothing but bad months ahead. In 2020 halving cycle, America was not in 33 trillion in debt and so is every other country on earth in serious debt.

[@CryptoBarbiexo12]

😂😂😂

[@Klatubarada1979]

FUD in every cycle. Just keep stacking sats.

[@dj-gf9co]

you stack at 16k en sell at highs... you dont buy now

[@THIRTEENTH13TH]

​@@dj-gf9coyou think we going back to 16k you must be on something brother

[@dj-gf9co]

@@THIRTEENTH13TH we will see lower targets in the future when the largest financial crisis evolves into cilvel unrest and more wars

[@Mag_W_]

@@dj-gf9cowe are never going back to 16k again.

[@Ge01O]

@@dj-gf9co There will be no wars...... wtf is wrong with people.

[@TheTerrypcurtin]

It was $45k 2 months ago. Relax

[@marksgoogle4360]

not if you bought at 68k

[@SynthTCG]

We’ll be at 50k BTC soon enough.

[@twenty3_co_uk]

Yeah,, smoke a blunt.... Oh wait

[@user-ps1ft1hy4j]

@@SynthTCG That's not soon enough!

[@ntfsntfs5282]

absolutely! It will go 1M before summer. No doubt about that!

[@_el-pana_roberto]

I agree 100% BTC AMS62K MATIC 💯

[@Alvincao-er7um]

Sure BTC ETH XRP they climb this year but the factor of 2x 5x or 10x if you prefer the highest its AMS62K

[@RozierRoma]

Halving is a non event as most of bitcoins have already been mined. It is not the new bitcoins that will be mine, but all of the existing bitcoins that will become for sale that will drive the price down.

[@basicinfo2022]

8:30 that rainfall looks apocolyptic. This is what happens when multibillionaires are in power lol they couldnt care less about building a drainage sewer system while developing a major city in a dessert. I saw on tikok buildings with rain pouring through the windows because it's not waterproof. I would be concerned how safe those towers and buildings are after all that water damage in its structure.

[@Bt26x]

Shit, it’s at $60k now. 🤦🏻‍♂️

[@user-er7fe6js9t]

51k is the next stop

[@SkinnyCow.]

@@user-er7fe6js9t $0 is as low as it can go, so there's that

[@nosuchthing8]

Yup

[@be4stable]

ohhh no!!! panic sell!!

[@Steven-hr6tc]

@@user-er7fe6js9tI hope so.

[@dthor6922]

What platform do u use to look at the chart?

[@PapaBearsStudio]

George.... you're not allowed to go off site. Every time you do, things get nutty.

[@Greengrower]

George has a pulse on our brain!

[@YellowYupCandles]

GREAT JOB THANKS

[@YellowYupCandles]

@MYAdmin16202 Come on live now so i know its you

[@danielandrassy407]

Thanks for the video brother George

[@andrewdixon681]

George is sleeping in a motel where’s that btc money bro

[@michelk005]

Time to pack it up and go home.

[@ryananderson8174]

Stay safe George 👍

[@HansonSkenandore]

Safe travels thanks for the update

[@WavemStudios]

Sorry about Dubai, hope the rest of your trip is good...

[@vlun1215]

I was called the crazy one talking about cloud seeding and geo weather modification 10 years ago.

[@unclebrian1373]

Even with the rates, not being cut this economy will not stop growing. Don’t worry.

[@TechInfo-ul4xr]

YES SIR..PEOPLE ARE WORKING OR CREATING SOME GIG..ILLEGALS JUMP BORDER THEN OWN A HOUSE AND LAWN BUSINESS WITH IN TWO YEARS..WHY? THEY WORK AND SAVE...THEY DONT EVEN BUY BTC 😂...WE HAVE NO EXCUSES...WEN PEOPLE GET SICK OF BEING BROKE? THEY WORK...😊

[@niabihl41]

This year everyone gonna be big ballers with AMS62K never has a company brought that up before and this will be the perfect bridge to the casuals as well

[@abouels6220]

No. 🗑️🗑️🗑️

[@adventurekidshawaii8531]

Love to see a short video of what you’re seeing out there. Worst rain in 75 years ! You should show us I’m sure I’m not alone on this… be safe .😊

[@kaiserx3]

What is the average length of time after the halving does it increase drastically

[@nosuchthing8]

The halving might have been priced in already

[@SuperKanuuna]

At time 4:30, how can we be there? Black line is incorrect, it shows we havent yet passed Covid crash (green line) which happened in March?

[@Kleve8]

Thanks George! Appreciate the info especially about cloud seeding!

[@jceli76]

It’s a sign for a second wave of crypto winter 🥶 😅 buckle up Georges

[@Basic-Reviews]

Really enjoyed the video thanks. Keep them rolling.

[@eduardomiranda537]

Do it. AMS62K already in my bags 👝. I had a AMS62K after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too 💕

[@truleyblessed7406]

Keep safe bro

[@ahmadtawalbeh8315]

Come home!

[@mctben]

Nice job George!

[@jjeff500tv]

I just saw the weather, whoa.. "Stuck in Dubai" sounds like a a show on MTV lol, I'm old..

[@SkinnyCow.]

Sounds like the plot of a horror story

[@taylorgonzalez2778]

There’s talk about another increase instead of a cut

[@SkinnyCow.]

isn't it odd that an asset designed to thrive during high inflation now won't move higher unless there's rate cuts - very odd.

[@CRORICANSOTO]

Not gonna happen. We will get cuts no more increase. They are trying to scare us to sell.

[@pvanukoff]

@@SkinnyCow. System is rigged across the board.

[@WordMadeFlesh777]

It won’t happen. The fed dosent control inflation. 40% of inflation is oil. Fed can’t control crap. Plus they can’t pay the interest on the debt with higher rates. Won’t happen…

[@Gustamegillgetaguyskitty-ti6ox]

We've been duped, this industry NEEDS regulation. Whales have total control to wipe out all of us retailers, pudgy Georgie here is paid by these same billionaires to keep us throwing our money down the toilet.

[@CRORICANSOTO]

We will always be in debt, USA is not the only country in debt. We are gonna have cuts this year, no increases. Scared money makes no money. Don't get scared into selling.

[@clos8754]

We don’t need rate cuts.

[@JesusQuintero-rj5py]

Been staking with ACMERC!

[@stephencooke3088]

Will halving do anything? What will happen in nextweeks and months??

[@RS-ec6ik]

We will all be eating rice and mice

[@Evill-jh1yz]

Thanks for the pep talk

[@nftqu_een]

This is why you keep dry powder for these times.

[@user-vf2sn6op3s]

Nice work. I’ve been on the ACMERC train for a while, never sold as they are always building.

[@MattLogan-np7cf]

There are macro reasons but it's also normal for BTC to go down and range after reaching its ATH

[@Savage_Viking]

Don't expect significant gains immediately after the halving. It will take 3-6 months at least.

[@Tronz_z]

Yes please. I would love a video that does a deep dive on the ACMERC project

[@alexandredp]

how is the weather like in dubai today?

[@russelltate1394]

Way Way too much hype on halving

[@jeffreydallas6047]

George!!!

[@alwaysleasinginc1251]

Before halving btc always adjust its price…if you see the previous pattern right before the halving event we see decrease in price. Even though it’s good news but impact is always bad.

[@Alexis132.]

Truly love your candidness, I DCAed today again for some XRP, ACMERC and ETH

[@CryptoGrady]

🔥🔥🔥

[@user-yz1vp1sp4p]

I understand why you choose ACMERC since it will have selling preasure in the next bull.

[@patricklim909]

I mean don't we know what's going on halving events? Already?

[@Samwisewell]

Only two more years to the halving😂

[@nosuchthing8]

Two days you mean

[@michaelamare1139]

No rate cut we need l. Its FUd

[@heinzbucksandcastle2053]

There are no rate cuts, we do not need them.

[@davidsdigital]

Wherever you go, you bring the rain George.

[@Leon-bc8hm]

wen rusty bicycle ?

[@walaaayoub9489]

Guys please don’t listen to any of those on the internet talking about crypto because they keep contradicting themselves and they really don’t have a clue. A store of value means a better performance on worsened inflation. I think it’s like any other asset. So those guys have no clue

[@walaaayoub9489]

No offense just my opinion not specific about George

[@rodianos5719]

@@walaaayoub9489 George is clueless as well.

[@vince2837]

😂 We all are,the only advantage we have is understanding of crypto and where it should going over time

[@darthbrooks4933]

Lol, then buy something and lose your ass

[@marvincuervo335]

nobody knows they are just reading the colors of candle bar😂

[@eduardocontreras5530]

I'm impressed by your future altcoin list and the explanation of why you have picked ACMERC. I'm happy to find this channel today.

[@MissPril]

George are you wearing a Disco shirt?

[@LeoVazques-qk2xy]

Glad you're speaking on some others. I'll watch. I love ACMERC. Trying to accumulate more now.

[@kryptokathryn]

Wow! What a crazy time with the weather in Dubai! I hope you are staying safe and can get out of there easily!

[@DuaneMcknight]

Your content vibe is just right, keep it up

[@realityyardsale]

What does "we're all George" mean?

[@Einstein-420]

Halving will have almost no impact

[@THIRTEENTH13TH]

The halving itself? Obviously, it's the coming year after, end of 2024 that we will see 100k BTC

[@buscochamba]

Not really halving will send BTC lower in the short term

[@jameselroy7472]

You didnt finish your statement. I assume you meant "halving will have almoat no impact short term". Your welcome

[@buscochamba]

@@jameselroy7472 I think halving will send BTC price lower, but only short term.

[@dreas3686]

@@buscochamba How do you come to that conclusion? I would agree with you if BTC was rallying going into the halving but it's been going sideways / down for more than a month now.

[@ad-ross]

Is Dubai flooded?

[@user-hz5zh5ku8r]

No more DCA if things are progressing and we are at the first step for new ATHs. Hopefully AKDMTTP was the right pick as you recommended earlier

[@jezzeyable]

George brings the rain and thunder!

[@CryptoKevin]

There is a lot of Bullish Divergence on the 4H chart. Could be near the bottom. Just sayin'.

[@RideShareRocks]

Hey George. This price action looks like the 2017 top when the CME went live at 20K. Looks like this run is over and the halving is a sell-the-news event. We have never pumped pre-halving and broken the ATH as we've done this time.

[@elman409]

Been stacking a lot of ACMERC and cash after DCAing a bit this year. Will buy more at least around the November December lows and below

[@williamleke1810]

Top is in

[@Nismo65]

it doesn't matter where the price is at , it matters when you got sucked into buying it.

[@Nahyoutrippin]

Stay in the game. Play what you’re willing to lose

[@MrRaybrown007]

Stay on line please

[@reviewtoearn]

George some things are left best to nature and weather is one of them😮

[@PatriesPosse]

George are you okay there in Dubai? Give us an update on the storm and how things are. The news says it’s pretty bad 😮

[@Tradersan262]

📊👏📊

[@ThomasConover]

We have to retest 50k before we go higher. Period.

[@smoayyed]

Flying carpets are flooded? What?

[@angelsolis9845]

I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on ACMERC is and a 15x on polygon are fair considering how much those two coins are interwoven into the entire crypto ecosystem

[@derekjohnson77]

Behold The Summer of George! (Seinfeld reference)

[@nahumblancochiquito2845]

You should buy ETH and ACMERC if you care about your future

[@Valk69]

How is the chain maintained after all these miners stop existing?

[@gabrielmckee9351]

Why would anyone cut rates if the CPLie is at 3.5% and unemployment is low.

[@neverquit9414]

Halving will do fooking nothing

[@russelltate1394]

AMEN!!!!

[@THIRTEENTH13TH]

The halving itself does nothing but cut the supply, it's the coming months end of 2024 that will be looking good

[@basicinfo2022]

Scarcity is something. Data points price going upwards...

[@J80199]

Showing us a halving in the 2020/2021 era where money was handed out like candy shouldn’t be a good example compared to this year.

[@thebritishperspective7674]

Why are the adverts saying giveaways with crypto, when that is not true?

[@xclent1975]

Over 20% down from ATH in March I’m ready to be amazed!!

[@maudo2077]

Thanks for streaming from Dubai 😊

[@_robbo9053]

I’ve got lots of questions. But did George go back to the 70’s? Dig the shirt and curtains.

[@-El_guerito]

ACMERC, ETH, and more would be great.

[@Tyrack9420]

Rate cuts suck. Why do people want rate cuts? Isn't that bearish and a signal of a recession coming?

[@ephifaniofernandes7239]

Down we go 🎉