This Troubles Me About Bitcoin

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  • Опубликовано: 3 июн 2024
  • There is one thing troubling about Bitcoin's sell-off this past week and I can't figure it out.
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Комментарии • 620

  • @CryptosRUs
    @CryptosRUs  21 день назад

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  • @BoduramKharetiya
    @BoduramKharetiya 22 дня назад +224

    Fourprime token to $15 this bull run for sure 🔥🔥

  • @DJGEMING873
    @DJGEMING873 21 день назад +189

    Fourprime is listing soon, gonna be huge 🔥

  • @PanSearedRibeye68
    @PanSearedRibeye68 22 дня назад +71

    This isn’t that complicated George! It’s Total manipulation. They sell a huge chunk of Bitty and then wait for the drop and buy more than sold.

    • @xo121w
      @xo121w 22 дня назад

      Lols

    • @kevintomman1277
      @kevintomman1277 22 дня назад +1

      Who is tho? Thats the question

    • @j.gan.2801
      @j.gan.2801 19 дней назад

      @@kevintomman1277 well who are those that just accumulated tons of BTC?? ANSWER: ETF's and other whales. When that much of any asset falls into a few hands, those hands can work the price up and down as they wish.

    • @kevintomman1277
      @kevintomman1277 18 дней назад

      @@j.gan.2801 and?

  • @JaylenNewlon-wt4ch
    @JaylenNewlon-wt4ch 22 дня назад +255

    Right now the DEX has a huge glitch,
    If you are swapping you are getting like x 7 I done a vld.

    • @CL-gv2fx
      @CL-gv2fx 22 дня назад +1

      oh that honeypot scam you're involved in?

    • @CL-gv2fx
      @CL-gv2fx 22 дня назад +1

      Subscribe to you and reported you.

    • @plevjuzanis
      @plevjuzanis 22 дня назад +1

      lol only 7x, learn to glitch noob. im glitching 100x every day easy

  • @user-qr2rc2mi1w
    @user-qr2rc2mi1w 22 дня назад +212

    Morning George , from Holland. What I dont understand is that last week you talked about 100k incoming, then a stream later you start talking about “ BTC will hit 1 million by this date” … and now you are worried. Advice for you: when in doubt zoom out. Stay strong my friend

    • @semperfi2023
      @semperfi2023 22 дня назад +15

      Sounds like you're the one that needs to zoom out.

    • @user-qr2rc2mi1w
      @user-qr2rc2mi1w 22 дня назад

      @@semperfi2023 ok, thanks for the advice .

    • @fahmeed23
      @fahmeed23 22 дня назад +30

      George is losing his charm

    • @TechInfo-ul4xr
      @TechInfo-ul4xr 22 дня назад +9

      😂 BIG$ CONTROLS BTC....

    • @JjNorf
      @JjNorf 22 дня назад +2

      Bahahaha.

  • @anthonygrimaldi7946
    @anthonygrimaldi7946 22 дня назад +65

    This walk looks like a scene out of the Wizard of Oz

    • @JjNorf
      @JjNorf 22 дня назад +1

      True.

    • @BluesLicks101
      @BluesLicks101 22 дня назад +13

      You guys need to get outside more often.

    • @jeffdelaughter9508
      @jeffdelaughter9508 22 дня назад

      Minus flying monkeys

    • @Kaodusanya
      @Kaodusanya 22 дня назад +1

      @@BluesLicks101haha what i thought it just looks like he is on a hiking trail

    • @M3Ld4m
      @M3Ld4m 22 дня назад

      not really if you watched his Sunday Walk videos back in January

  • @markrichards5183
    @markrichards5183 22 дня назад +27

    BTC is on Wall Street now what do you expect!

  • @jtjenk
    @jtjenk 22 дня назад +31

    Pretty simple. We let the sharks in the pool. They know where every stop loss is set. They can see every limit order. They have more liquidity than the exchange they trade on.

    • @renzokukenleneyoyo522
      @renzokukenleneyoyo522 22 дня назад +2

      The ultimate game rigging and front-running indeed

    • @BOT_0x76DE45AB
      @BOT_0x76DE45AB 22 дня назад +1

      Don't stop loss. Might as well just give them your money.

    • @JG-od3xy
      @JG-od3xy 22 дня назад

      THIS

  • @sylversyrfer6894
    @sylversyrfer6894 22 дня назад +85

    U.S. govt. is selling - and those allied against BTC.

    • @matts2488
      @matts2488 22 дня назад +13

      This is the correct answer

    • @redriderbbgun8018
      @redriderbbgun8018 22 дня назад +3

      💯

    • @portalpacific4500
      @portalpacific4500 22 дня назад +7

      the us gov doesn't even have more than 0.015% of the supply publicly. So i doubt.

    • @redriderbbgun8018
      @redriderbbgun8018 22 дня назад

      @@portalpacific4500 The US government is the largest private owner of btc in the world.

    • @jtjenk
      @jtjenk 22 дня назад

      @@portalpacific4500 the US government is Satoshi Nakamoto. Consider that. It was a commissioned government thinktank project. The creators of it were compartmentalized. They dont even know themselves who was involved. NDAs were signed. You know the drill. They have alot.

  • @viajeconchuck7345
    @viajeconchuck7345 22 дня назад +40

    Question. How do you go from "Huge FOMO incoming" to. "I've got concerns"?

    • @nodoubt46able
      @nodoubt46able 22 дня назад +3

      lmao, my thoughts exactly

    • @joemama69448
      @joemama69448 22 дня назад +10

      Anything for clicks. Thats the name of the gamr

    • @Kormondre
      @Kormondre 22 дня назад

      Self criticism ?

    • @lurker668
      @lurker668 22 дня назад

      You that dumb? He makes money on views not crypto 😂😂😂 make bulls watch make bears watch and collect money from gullible ppl

    • @germanicviking6462
      @germanicviking6462 21 день назад

      @@joemama69448 crypto YTers are biggest flip floppers for clicks. Got keep those clicks coming and everyone guessing.

  • @johnterrell8483
    @johnterrell8483 22 дня назад +61

    Those deer could be the feds George be careful.

    • @metalmike570
      @metalmike570 22 дня назад +7

      Gensler in a deer suit.

    • @andybarrett6472
      @andybarrett6472 22 дня назад

      Everything is a govt conspiracy of you want it to be.

    • @fredhampton3393
      @fredhampton3393 22 дня назад +1

      Skinwalker Gensler deer 🦌 😅

  • @queensneha911
    @queensneha911 22 дня назад +166

    Fourprime token to $15 this bull run for sure

    • @GuitarristaDesconosido
      @GuitarristaDesconosido 22 дня назад

      What about BBC?
      BBC = Big-Buttocks-Coin

    • @SuperKanuuna
      @SuperKanuuna 22 дня назад

      scammers moms $1

    • @sergei_amato
      @sergei_amato 22 дня назад

      Who wants USDT?) Seed: head isolate sound end kit industry choice festival limit stable dolphin derive

  • @MadVybez
    @MadVybez 22 дня назад +33

    Stop being impatient people by February next year this will be long forgotten

    • @johnstanley7874
      @johnstanley7874 22 дня назад +1

      February next year you'll be telling us to wait for February 2026, then 2027, then 2028.. so on and so forth, get the picture?

    • @lawler4461
      @lawler4461 22 дня назад

      @@johnstanley7874calm down

    • @MadVybez
      @MadVybez 22 дня назад

      @@johnstanley7874 yeah okay, just sell up if you can't hack it. If you haven't sold majority of your holdings by December 2025 you then have a reason to panic, Get the picture?

    • @MadVybez
      @MadVybez 22 дня назад +1

      @@johnstanley7874 sell up if you can not hack it boy. I am sure your 50k in XRP is keeping you up at night by looks of things.

    • @MadVybez
      @MadVybez 22 дня назад +1

      If you are so worried sell your 50k bag of XRP. Next year I will be laddering out, do you get the picture

  • @Loera1966
    @Loera1966 22 дня назад +43

    Could this entity be the government?

  • @johnrodgers2171
    @johnrodgers2171 22 дня назад +13

    It's a bit weird, like the different entities are taking turns selling when it reaches a certain price.

  • @juymied
    @juymied 22 дня назад +22

    ETF shenanigan price manipulation, ask the gold/silver gang about it

    • @kevintomman1277
      @kevintomman1277 22 дня назад

      Its not the ETFs, the inflows and outflows are tracked

  • @AzuraLaura
    @AzuraLaura 22 дня назад +203

    Bought AMS89H at 1$, I will keep it until 2025 when it reach 250$

  • @miamivicefanatic9736
    @miamivicefanatic9736 22 дня назад +19

    George, I guarantee you that if I sell a significant amount, BTC will skyrocket. It has happened to me six straight times.

  • @DPtBIT
    @DPtBIT 22 дня назад +30

    56k was your chance, if you missed it good luck waiting for 52k.

    • @abc876
      @abc876 22 дня назад +4

      We still have time

    • @totalbullion5882
      @totalbullion5882 22 дня назад

      See you at 54 :)

    • @kerri648
      @kerri648 21 день назад

      this is the correct answer ...just like when BTC corrected from 48k to 38k after the ETF approval ...everyone was waiting for 32k BTC ..never happened
      don't risk being left behind ..the reward to risk ratio isn't worth it

    • @abc876
      @abc876 21 день назад

      @kerri648 your right but also look at the monthly, when in doubt zoom out

    • @kerri648
      @kerri648 21 день назад

      @@abc876 zoom out to see that it's bullish and this is clearly an accumulation phase ... retail should focus on accumulating rather than risking trying to buy at a specific price

  • @smoothflaps1920
    @smoothflaps1920 22 дня назад +9

    split bull run.. early ETF pump.. now cool off.. Halving pump later.

  • @gunnarr9882
    @gunnarr9882 22 дня назад +11

    IMO.we are being played. Just HODL.

    • @FlorisDVijfde
      @FlorisDVijfde 22 дня назад

      Indeed. HODL = immunity to shakeouts.

  • @PrithwiKumar-zy4qo
    @PrithwiKumar-zy4qo 22 дня назад +67

    Fourprime token to $17

  • @GreenKnight7
    @GreenKnight7 22 дня назад +9

    I’ve been noticing that too. Looks like someone is suppressing btc.

  • @petez4608
    @petez4608 22 дня назад +10

    The selling is always at the same price. Sells seem to be at 62-64k like clockwork.

    • @jtjenk
      @jtjenk 22 дня назад

      Its the collective powers that be. They know there is no price support at certain times and they sell more than orders support. The shake out of the stop losses makes up for what they lose to limit orders already in place then they catch it all at a predetermined bottom. They can see all your stop loss sets. They keep the price low so China can buy.

  • @maximuscarsonite9118
    @maximuscarsonite9118 22 дня назад +15

    George is right, there's something unsettling about this halving cycle. WIth all the positives outweighing the negatives, BTC should be performing a lot better. We've been stuck in this rut. '1 step fwd, 2 steps back' for a while. I'll be still holding mine. Realistically, I'm looking at around $80k to $85k by the start of Q4.

    • @superperior
      @superperior 22 дня назад

      Well to be 4x from bear market lows and considering diminishing returns as market cap grows, id say we aren't doing half bad. Probably end up with somewhere around a 10x from bear market lows, I think there's 2-3x potential from here by the end of this cycle. Regardless my plan is to trim crypto and proxies like btc miners etc by late 2024 and throughout 2025.

    • @FlorisDVijfde
      @FlorisDVijfde 22 дня назад +1

      Don't let your emotions get into the way of profit. Previous cycle needed half a year after the halving for the bull run to go off. There is institutional money coming but those things take time: large decisions, lots of meetings, but it's big money.

  • @Ryan_jams_
    @Ryan_jams_ 22 дня назад +7

    I'm sorry George but this bearishness is making me more bullish.

  • @RM-qg1gu
    @RM-qg1gu 22 дня назад +1

    Would it be a multiple of Mt Gox, FTX and Genesis?

  • @SloopSailing
    @SloopSailing 22 дня назад +6

    I saw it also, nice work George keep it up!

  • @borisleak4890
    @borisleak4890 22 дня назад +49

    US Government selling BTC ?

    • @tacotom3492
      @tacotom3492 22 дня назад +7

      Duh.. they seized from silk road etc..

    • @jtjenk
      @jtjenk 22 дня назад +4

      My thought as well

    • @heyr5051
      @heyr5051 22 дня назад +1

      Am thinking that. It's logical they would work against the our expectations. Paper hands left. Lettuce hands left. The resolve of dedicated dreamers are being shaken

    • @bm549bh
      @bm549bh 22 дня назад

      I wouldn’t doubt that a bit there all in to make money off us off crypto and to destroy it

    • @Wombat9195
      @Wombat9195 22 дня назад +6

      The government created BTC.

  • @TheMarky26
    @TheMarky26 22 дня назад +9

    When in doubt blame the Chinese..

  • @Trader552
    @Trader552 22 дня назад +1

    George you're looking great. Beautiful trails thanks for your thoughts on this challenging market.

  • @nigelfinance3310
    @nigelfinance3310 20 дней назад

    Hey George,
    Look at the US Gov.
    I heard a few weeks ago that they had started moving a massive amount of the BTC taken from Silk Road on to exchanges.
    They could be off loading that slowly at a mow big profit from when it was siezed.
    Just a thought. SOmeone must be tracking wallets?

  • @andrependeris
    @andrependeris 20 дней назад

    George I have the same question on the big moves out of the blue. Im researching how the market makers can manipulate the price

    • @andrependeris
      @andrependeris 20 дней назад

      Also why does most of the coins move at the same time? Something is not right

  • @gftftt8463
    @gftftt8463 22 дня назад +3

    Wanted ETF? - there u go! Forget about bull market for years

  • @Anadrolus
    @Anadrolus 22 дня назад +3

    IMHO the market makers are pushing to the SMA 200, it's at about 52K coincidentally where the price started pumping hard...

  • @annielily913
    @annielily913 22 дня назад +3

    What does it take to make life changing money in crypto?

  • @danbryda3849
    @danbryda3849 22 дня назад +1

    Interesting….if
    Btc does hit 52k I’ll have to buy some more. NFA but this could be a normal consolidation in a bull market? The problem is we have already had several consolidations without big pumps, just small rises back to before the dips. Hopefully this is all just in the normal consolidation realm and we do get a parabolic phase as normal.

  • @DT-sb9sv
    @DT-sb9sv 22 дня назад +10

    Could it be a governmental player?

    • @JamesBrownKelly
      @JamesBrownKelly 20 дней назад

      what do you mean it's a governmental play?

  • @rustydagger1448
    @rustydagger1448 22 дня назад +7

    Just wait for 52k. We need to re test that

  • @11fasteddie
    @11fasteddie 22 дня назад +2

    Last you've predicted as many others $100K BTC then dropped to 32k winter now recovering during halving again back
    to 100K+ to even 250K, many bought in at the height of last up tick around 58K b4 winter... so many disapptmnts...
    now here we are you are not sure where it is going... sad... hope this make sense.

  • @BenLipseyNE
    @BenLipseyNE 22 дня назад

    There's an article a few days ago in Barron's you may want to take a look at. It mentions the payback from FTX

  • @christeez7534
    @christeez7534 22 дня назад +1

    How depressing that a beautiful woodland scene with wild animals in the US has to have a busy noisy highway cut right through it only metres behind..

  • @DelorisBetttqa
    @DelorisBetttqa 19 дней назад

    Revux competitive edge could redefine its market segment.

  • @mihaicostescu
    @mihaicostescu 22 дня назад +4

    What happened with: " when in doubt Just zoom out?" 😂

  • @exzisd
    @exzisd 22 дня назад +3

    I’m not sure but I’m guessing you use the magic wand color correction with the vivid filter right in Apple photos with these. They look fine but the greens are very lush and the blues are fairly pronounced. Anyways BTC is either going to break down to 52ish or it will dip a bit and slowly arc into this summer with a recovery. Even if we can know who is selling public pressure doesn’t necessarily mean they will stop. Anyone can buy and anyone can sell. Obviously we want the buyers but despite the volatility BTC is in a very healthy position with a higher price than anytime before the last several months. If we didn’t have ETFs and we’re at the place we are now I think everyone would be psyched. I just think this cycle is all funky and unpredictable because of ETFS, institutions, widespread inflation, etc. I am short to mid term bullish but over the next year very bullish. You know as much as anyone how quickly things can turn. Just gotta roll with the punches and be careful on the degen plays.

  • @jerryjayson67
    @jerryjayson67 22 дня назад +1

    Interesting Timing FTX, as Gemini is returning Gemini Earn customers BTC etc soon supposedly

  • @neilfowell690
    @neilfowell690 22 дня назад

    I’m with you. Some one selling off to build cash and taking the steam out if the growth as it rises back to 63k

  • @joshuadowns9363
    @joshuadowns9363 22 дня назад +9

    Heard we going up on Monday!!!

  • @povarful
    @povarful 22 дня назад +2

    When is altcoin season George?

  • @MikeStJacques
    @MikeStJacques 22 дня назад +6

    *Voyager???*

  • @willford-sn4ko
    @willford-sn4ko 22 дня назад +1

    Too many people expecting 52k which is why it's not happening. Same thing as when everyone was screaming 10k when we fell to 15k or 20k when we fell to 37k. People gonna get rekt soon.

  • @mrwilliamwonder
    @mrwilliamwonder 22 дня назад +3

    Don't worry guys because we all know when WE SELL, the price is going up!

  • @AdamWeatherall
    @AdamWeatherall 22 дня назад +13

    The math doesn’t add up.

  • @jordantyler531
    @jordantyler531 22 дня назад +2

    Possibly FTX liquidations?

  • @emonty62
    @emonty62 22 дня назад +3

    All the experts know why prices go up, when it goes down, no clue

  • @nznerdboy
    @nznerdboy 22 дня назад

    Just keep buying. It's all good prices long term.

  • @rowanbailey6244
    @rowanbailey6244 22 дня назад +1

    Could be mt gox

  • @Lilblaisy23
    @Lilblaisy23 22 дня назад +6

    I’m only buying

  • @JezebelFlossie
    @JezebelFlossie 19 дней назад

    The liquidity of Revux tokens is a major plus.

  • @duannegarrett5800
    @duannegarrett5800 22 дня назад +9

    #3 the US government....Satoshi?

  • @bm549bh
    @bm549bh 22 дня назад +6

    I’m going throw my forecast out there so listen up ! We are definitely 100% going UP…… or DOWN ! Or sideways 😂

  • @francismartinez5657
    @francismartinez5657 22 дня назад +1

    So at 10am Friday I heard the data points Rick Santely on CNBC announced lower growth and higher inflation came in and Btc dumped 1500 -2000 points and the smaller cap stocks traded lower

  • @jbnichug8949
    @jbnichug8949 22 дня назад

    US, Voyager, Gemini?

  • @Life777-Zoomout
    @Life777-Zoomout 22 дня назад +1

    I took the cash but haven’t seen payment yet

  • @anandmajhi4975
    @anandmajhi4975 15 дней назад

    Just subscribed to Revux's channel. Looking forward to more updates on this project

  • @metalmike570
    @metalmike570 22 дня назад

    Render out-performed Bonk and Shiba recently.

  • @momomama2510
    @momomama2510 22 дня назад +3

    The sentiment has changed. That’s your answer.

  • @imoutclimbing
    @imoutclimbing 22 дня назад

    Understand the market mechanics of all participants... This smells sooo much like big money moving above the heads of Retail. In the Equities world when that happens, one might look toward the DTCC. Oddly enough, the DTCC recently made a big ruling that affects crypto. How much? Who knows...

  • @deanstevenson1649
    @deanstevenson1649 22 дня назад

    isn't the selling liquidating longs?

  • @calypsox3210
    @calypsox3210 22 дня назад +1

    That's called the BART pattern, but isn't that a bear market pattern? And what about Cryptopia they're liquidating soon.

  • @SN-GAMING-9991
    @SN-GAMING-9991 16 дней назад +1

    Revux's presale got me hooked - the coolest way to be part of a groundbreaking project. Let's go!

  • @brianglynn1543
    @brianglynn1543 22 дня назад

    I noticed the same thing !!! looks like some party dont want it to go up .... creeps up and gets slammed down repeatedly ...Manipulation by ???

  • @anastacioiii4047
    @anastacioiii4047 22 дня назад +1

    It's May. Time to enjoy some profits. It will be lower by August.

  • @Wiz145
    @Wiz145 22 дня назад

    Defi is the next big thing and $dexa coin is going to be biggest defi play this cycle

  • @AshleyMcIntosh-zz7kr
    @AshleyMcIntosh-zz7kr 22 дня назад

    George" keep a good head and always carry a lightbulb" 17:16

  • @kevineccleston8341
    @kevineccleston8341 22 дня назад +1

    If not ftx or mt gox, maybe US govt selling.

  • @alediazofficial2562
    @alediazofficial2562 22 дня назад

    why we still say “someone” can it not be seen on the blockchain? which transaction/transactions those were and from which wallets/identities they are linked to? 🤔

  • @rekt5737
    @rekt5737 22 дня назад +1

    Enjoy ur summer and stop looking at ur portfolio. Later this year we will be much higher

  • @rajgupta3802
    @rajgupta3802 22 дня назад +1

    HOW COME YOU CAN NOT SEE WHO IS SELLING WHILE CRYPTO ARE SUPPOSED TO BE REGISTERED......

  • @Iamkayaky
    @Iamkayaky 22 дня назад +1

    Wimklevoss??

  • @bwashh
    @bwashh 22 дня назад

    What do you think of the BRICS s currency will be announce on November this year George? Do you think they would use bitcoins to back by their currency?

  • @dsflat6785
    @dsflat6785 22 дня назад

    Are we seeing a slow bleed from BTC into BCH ?
    BCH is up about 300% in one year, over twice as much as BTC..

  • @dune7824
    @dune7824 22 дня назад

    Many top meme coins are still at the same rankings or higher than they were when we had the meme coin boom so while they're bleeding, at least they're not bleeding to other altcoin sectors.

  • @genestone4951
    @genestone4951 22 дня назад +1

    Elwynn Forest

  • @maryblack3028
    @maryblack3028 22 дня назад

    How about US government selling ?

  • @SusanMarias
    @SusanMarias 19 дней назад

    Revux strategic collaborations hint at a bright future.

  • @faizankut
    @faizankut 22 дня назад +7

    George its a liquidity crisis.

    • @jtjenk
      @jtjenk 22 дня назад +2

      Thats definitely part of it

  • @Iamkayaky
    @Iamkayaky 22 дня назад +16

    My guess....the US treasury

    • @Leon-bc8hm
      @Leon-bc8hm 22 дня назад +1

      It is leverage gambling.

  • @bwashh
    @bwashh 22 дня назад +1

    Trees are very green , nice walk 💪

  • @williamclarke2246
    @williamclarke2246 22 дня назад

    What about the US gov they have a stack

  • @mikemiller9678
    @mikemiller9678 22 дня назад +1

    Silk Road BTC ?

  • @Frank30642
    @Frank30642 22 дня назад

    Selling to settle with Voyager

  • @monty8996
    @monty8996 22 дня назад +1

    Hey George! I'm curious as to what metrics you're using to measure ETH's performance and in relation to what? In May of 2020, we were sitting at around .02 ETH/BTC dominance. Today, we are at around .048 well over twice as high from where we we're in 2020, the last BTC halving. Also, ETH is around 45% off its previous all-time high. Last cycle we were, over 85% down in May. I'm not saying this is great performance and that things aren't going to deteriorate. However, it's still clearly better than the last cycle at this point. I regularly here influencers complain about ETH's lagging performance but rarely ever give any numbers. A lot of people out here seem to operate mainly on emotions.

  • @backcountryav
    @backcountryav 22 дня назад +1

    BTC is in a descending channel on the daily chart

  • @edwardsmith9403
    @edwardsmith9403 22 дня назад +1

    It is happening in all markets. It looks like they are on standby.

    • @Lilblaisy23
      @Lilblaisy23 22 дня назад

      Gold and silver are back up still

  • @snowballninjamafiawa
    @snowballninjamafiawa 22 дня назад

    Yeah we see it. Welcome to the light.

  • @viresinnumeris1381
    @viresinnumeris1381 22 дня назад

    It’s gonna go up! I sold so ofc right?

  • @frankdatank7751
    @frankdatank7751 22 дня назад +1

    15:30 George is bullish, Can turn around asap👍💪🙏

  • @Akashsgeditz
    @Akashsgeditz 21 день назад

    Cool vibes only - Revux's presale is the talk of the town.