Why Is Bitcoin Showing Weakness?

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  • Опубликовано: 28 май 2024
  • 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.

Комментарии • 635

  • @CryptosRUs
    @CryptosRUs  Месяц назад

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  • @edwinnomarsalgadocedillo7010
    @edwinnomarsalgadocedillo7010 Месяц назад +439

    ACMERC, a pick with potential if they follow through!

  • @TeresaAvalosGarcia
    @TeresaAvalosGarcia Месяц назад +3097

    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
      @AlexXander-qe7vt Месяц назад

      I want it but can't right now

    • @shmalsinaFR_EPI
      @shmalsinaFR_EPI Месяц назад

      How long is this open?

    • @user-fw2wu1mo1e
      @user-fw2wu1mo1e Месяц назад

      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
      @CheapReferral Месяц назад

      A smart pick for the next cycles

    • @user-ny6dx8wb9p
      @user-ny6dx8wb9p Месяц назад

      Is this claimable in Canada?

  • @innerdinosaur2898
    @innerdinosaur2898 Месяц назад +279

    I’m Broke we are all Broke 🦖✌️✊

    • @dariieldiaz
      @dariieldiaz Месяц назад +7

      😂😂😂😂

    • @latinopr30
      @latinopr30 Месяц назад +3

      😂😂😂😂😂 You hit it right on the button.

    • @dormis
      @dormis Месяц назад +4

      🤣🤣🤣

    • @serezhka021
      @serezhka021 Месяц назад +4

      When scooter

    • @hauntedandAloneFB
      @hauntedandAloneFB Месяц назад +2

      😂😂😂😂😂😂😬😬😬

  • @JesusLopez-cv2cm
    @JesusLopez-cv2cm Месяц назад +543

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

  • @yerku_gyx
    @yerku_gyx Месяц назад +547

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

  • @TownsleyR
    @TownsleyR Месяц назад +109

    Every time you’re outta town BTC dumps 😂

    • @chrismiles2223
      @chrismiles2223 Месяц назад +11

      Nah fr George stay home

    • @SkinnyCow.
      @SkinnyCow. Месяц назад +13

      The George Affect - its a well known economic phenomenon

    • @tarrded
      @tarrded Месяц назад +2

      Someone commented George might be Trapped over there. smh

    • @jeremyshock948
      @jeremyshock948 Месяц назад +4

      Fr George needs to be on house arrest.

    • @TechInfo-ul4xr
      @TechInfo-ul4xr Месяц назад +2

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

  • @Klatubarada1979
    @Klatubarada1979 Месяц назад +35

    FUD in every cycle. Just keep stacking sats.

    • @dj-gf9co
      @dj-gf9co Месяц назад +3

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

    • @THIRTEENTH13TH
      @THIRTEENTH13TH Месяц назад

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

    • @dj-gf9co
      @dj-gf9co Месяц назад

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

    • @Mag_W_
      @Mag_W_ Месяц назад

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

    • @Ge01O
      @Ge01O Месяц назад

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

  • @RozierRoma
    @RozierRoma Месяц назад +3

    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.

  • @Alvincao-er7um
    @Alvincao-er7um Месяц назад +251

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

  • @TheTerrypcurtin
    @TheTerrypcurtin Месяц назад +52

    It was $45k 2 months ago. Relax

    • @marksgoogle4360
      @marksgoogle4360 Месяц назад +11

      not if you bought at 68k

    • @SynthTCG
      @SynthTCG Месяц назад +5

      We’ll be at 50k BTC soon enough.

    • @twenty3_co_uk
      @twenty3_co_uk Месяц назад +2

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

    • @user-ps1ft1hy4j
      @user-ps1ft1hy4j Месяц назад

      @@SynthTCG That's not soon enough!

    • @ntfsntfs5282
      @ntfsntfs5282 Месяц назад +1

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

  • @basicinfo2022
    @basicinfo2022 Месяц назад +5

    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.

  • @patrickobrien2092
    @patrickobrien2092 Месяц назад +22

    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 RUclips channel.

    • @Faith0929ROK
      @Faith0929ROK Месяц назад +1

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

    • @dreas3686
      @dreas3686 Месяц назад +2

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

    • @Faith0929ROK
      @Faith0929ROK Месяц назад

      @@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
      @CryptoBarbiexo12 Месяц назад +1

      😂😂😂

  • @Greengrower
    @Greengrower Месяц назад +9

    George has a pulse on our brain!

  • @_el-pana_roberto
    @_el-pana_roberto Месяц назад +121

    I agree 100% BTC AMS62K MATIC 💯

  • @danielandrassy407
    @danielandrassy407 Месяц назад +1

    Thanks for the video brother George

  • @unclebrian1373
    @unclebrian1373 Месяц назад +5

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

    • @TechInfo-ul4xr
      @TechInfo-ul4xr Месяц назад

      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...😊

  • @PapaBearsStudio
    @PapaBearsStudio Месяц назад +48

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

  • @ryananderson8174
    @ryananderson8174 Месяц назад +2

    Stay safe George 👍

  • @adventurekidshawaii8531
    @adventurekidshawaii8531 Месяц назад +1

    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 .😊

  • @Bt26x
    @Bt26x Месяц назад +14

    Shit, it’s at $60k now. 🤦🏻‍♂️

    • @user-er7fe6js9t
      @user-er7fe6js9t Месяц назад +7

      51k is the next stop

    • @SkinnyCow.
      @SkinnyCow. Месяц назад

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

    • @nosuchthing8
      @nosuchthing8 Месяц назад +1

      Yup

    • @be4stable
      @be4stable Месяц назад +1

      ohhh no!!! panic sell!!

    • @Steven-hr6tc
      @Steven-hr6tc Месяц назад

      @@user-er7fe6js9tI hope so.

  • @Kleve8
    @Kleve8 Месяц назад

    Thanks George! Appreciate the info especially about cloud seeding!

  • @HansonSkenandore
    @HansonSkenandore Месяц назад

    Safe travels thanks for the update

  • @WavemStudios
    @WavemStudios Месяц назад +2

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

  • @Basic-Reviews
    @Basic-Reviews Месяц назад

    Really enjoyed the video thanks. Keep them rolling.

  • @niabihl41
    @niabihl41 Месяц назад +294

    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
      @abouels6220 Месяц назад +1

      No. 🗑️🗑️🗑️

  • @dthor6922
    @dthor6922 Месяц назад

    What platform do u use to look at the chart?

  • @jceli76
    @jceli76 Месяц назад +2

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

  • @clos8754
    @clos8754 Месяц назад +1

    We don’t need rate cuts.

  • @YellowYupCandles
    @YellowYupCandles Месяц назад +3

    GREAT JOB THANKS

    • @YellowYupCandles
      @YellowYupCandles Месяц назад

      @MYAdmin16202 Come on live now so i know its you

  • @vlun1215
    @vlun1215 Месяц назад +5

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

  • @Tronz_z
    @Tronz_z Месяц назад

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

  • @truleyblessed7406
    @truleyblessed7406 Месяц назад

    Keep safe bro

  • @MattLogan-np7cf
    @MattLogan-np7cf Месяц назад

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

  • @eduardomiranda537
    @eduardomiranda537 Месяц назад +199

    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 💕

  • @michelk005
    @michelk005 Месяц назад +30

    Time to pack it up and go home.

  • @SuperKanuuna
    @SuperKanuuna Месяц назад

    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?

  • @Savage_Viking
    @Savage_Viking Месяц назад +1

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

  • @mctben
    @mctben Месяц назад

    Nice job George!

  • @JesusQuintero-rj5py
    @JesusQuintero-rj5py Месяц назад

    Been staking with ACMERC!

  • @user-vf2sn6op3s
    @user-vf2sn6op3s Месяц назад

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

  • @Alexis132.
    @Alexis132. Месяц назад

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

  • @alwaysleasinginc1251
    @alwaysleasinginc1251 Месяц назад

    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.

  • @davidsdigital
    @davidsdigital Месяц назад

    Wherever you go, you bring the rain George.

  • @jjeff500tv
    @jjeff500tv Месяц назад +1

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

    • @SkinnyCow.
      @SkinnyCow. Месяц назад

      Sounds like the plot of a horror story

  • @jezzeyable
    @jezzeyable Месяц назад

    George brings the rain and thunder!

  • @NoMoneyG
    @NoMoneyG Месяц назад

    George, we know this is nothing. When you're in crypto for so many years, it's a nothing burger. Long term we know BTC is going. I sorta feel bad for newbies, but when you've seen the price at ATH to dropping & dropping, you freak out. Crypto is not for the faint of heart. DCA & HODL!! Thanks George.🖖

  • @walaaayoub9489
    @walaaayoub9489 Месяц назад +21

    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
      @walaaayoub9489 Месяц назад

      No offense just my opinion not specific about George

    • @rodianos5719
      @rodianos5719 Месяц назад +3

      @@walaaayoub9489 George is clueless as well.

    • @vince2837
      @vince2837 Месяц назад +1

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

    • @darthbrooks4933
      @darthbrooks4933 Месяц назад

      Lol, then buy something and lose your ass

    • @marvincuervo335
      @marvincuervo335 Месяц назад

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

  • @russelltate1394
    @russelltate1394 Месяц назад +6

    Way Way too much hype on halving

  • @eduardocontreras5530
    @eduardocontreras5530 Месяц назад

    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.

  • @user-yz1vp1sp4p
    @user-yz1vp1sp4p Месяц назад

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

  • @alexandredp
    @alexandredp Месяц назад +1

    how is the weather like in dubai today?

  • @patricklim909
    @patricklim909 Месяц назад

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

  • @heinzbucksandcastle2053
    @heinzbucksandcastle2053 Месяц назад +1

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

  • @michaelamare1139
    @michaelamare1139 Месяц назад

    No rate cut we need l. Its FUd

  • @ahmadtawalbeh8315
    @ahmadtawalbeh8315 Месяц назад +3

    Come home!

  • @CRORICANSOTO
    @CRORICANSOTO Месяц назад +4

    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.

  • @Evill-jh1yz
    @Evill-jh1yz Месяц назад +2

    Thanks for the pep talk

  • @Nahyoutrippin
    @Nahyoutrippin Месяц назад

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

  • @andrewdixon681
    @andrewdixon681 Месяц назад +4

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

  • @xclent1975
    @xclent1975 Месяц назад

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

  • @MissPril
    @MissPril Месяц назад

    George are you wearing a Disco shirt?

  • @smoayyed
    @smoayyed Месяц назад +1

    Flying carpets are flooded? What?

  • @kaiserx3
    @kaiserx3 Месяц назад

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

    • @nosuchthing8
      @nosuchthing8 Месяц назад

      The halving might have been priced in already

  • @kryptokathryn
    @kryptokathryn Месяц назад

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

  • @reviewtoearn
    @reviewtoearn Месяц назад

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

  • @jeffreydallas6047
    @jeffreydallas6047 Месяц назад

    George!!!

  • @johnnesbitt3210
    @johnnesbitt3210 Месяц назад

    The halving will be a nothing burger, BTC always seems to do the opposite of what everyone thinks it will.

  • @-El_guerito
    @-El_guerito Месяц назад

    ACMERC, ETH, and more would be great.

  • @nftqu_een
    @nftqu_een Месяц назад +2

    This is why you keep dry powder for these times.

  • @Leon-bc8hm
    @Leon-bc8hm Месяц назад +2

    wen rusty bicycle ?

  • @stephencooke3088
    @stephencooke3088 Месяц назад

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

    • @RS-ec6ik
      @RS-ec6ik Месяц назад

      We will all be eating rice and mice

  • @ThomasConover
    @ThomasConover Месяц назад +1

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

  • @taylorgonzalez2778
    @taylorgonzalez2778 Месяц назад +7

    There’s talk about another increase instead of a cut

    • @SkinnyCow.
      @SkinnyCow. Месяц назад +9

      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
      @CRORICANSOTO Месяц назад

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

    • @pvanukoff
      @pvanukoff Месяц назад

      @@SkinnyCow. System is rigged across the board.

    • @WordMadeFlesh777
      @WordMadeFlesh777 Месяц назад

      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
      @Gustamegillgetaguyskitty-ti6ox Месяц назад

      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.

  • @Ed-gy3xb
    @Ed-gy3xb Месяц назад

    I wouldn't buy at this price unless i put a stop loss and that means leaving your BTC on the exchange so ...

  • @Einstein-420
    @Einstein-420 Месяц назад +31

    Halving will have almost no impact

    • @THIRTEENTH13TH
      @THIRTEENTH13TH Месяц назад +3

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

    • @buscochamba
      @buscochamba Месяц назад +2

      Not really halving will send BTC lower in the short term

    • @jameselroy7472
      @jameselroy7472 Месяц назад

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

    • @buscochamba
      @buscochamba Месяц назад +1

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

    • @dreas3686
      @dreas3686 Месяц назад

      @@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.

  • @maudo2077
    @maudo2077 Месяц назад

    Thanks for streaming from Dubai 😊

  • @MrRaybrown007
    @MrRaybrown007 Месяц назад +1

    Stay on line please

  • @Chuck_N0rris
    @Chuck_N0rris Месяц назад

    George on the move is the most bearish signal. Stay home! stay safe!

  • @thebritishperspective7674
    @thebritishperspective7674 Месяц назад

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

  • @gabrielmckee9351
    @gabrielmckee9351 Месяц назад

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

  • @angelgarcia3410
    @angelgarcia3410 Месяц назад

    Im fully into ACMERC and ADA, simply huge potential.

  • @LeoVazques-qk2xy
    @LeoVazques-qk2xy Месяц назад

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

  • @jamesbrown4364
    @jamesbrown4364 Месяц назад

    while cloud seeding can improve chances of rain, it won't cause a massive storm.

  • @jesse80199
    @jesse80199 Месяц назад

    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.

  • @Nismo65
    @Nismo65 Месяц назад +2

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

  • @user-hz5zh5ku8r
    @user-hz5zh5ku8r Месяц назад

    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

  • @evelyngonzalez929
    @evelyngonzalez929 Месяц назад

    Truth is most of all that we would not even have this current climb if it was not for AKDMTTP bringing the main change so that even casuals are super interested now. A brand name like that one behind this asset is just the best we could have hoped for

  • @nahumblancochiquito2845
    @nahumblancochiquito2845 Месяц назад

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

  • @CryptoGrady
    @CryptoGrady Месяц назад +1

    🔥🔥🔥

  • @angelsolis9845
    @angelsolis9845 Месяц назад

    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

  • @dr.paulj.watson4582
    @dr.paulj.watson4582 Месяц назад

    My limit order to BUY filled a couple hours ago at 61,500. Yea! Continue to HODL and DCA everyone. World has lotsa bad. But BTC is one of the few good things happening.

  • @realityyardsale
    @realityyardsale Месяц назад +1

    What does "we're all George" mean?

  • @ad-ross
    @ad-ross Месяц назад

    Is Dubai flooded?

  • @dkeymoreno6517
    @dkeymoreno6517 Месяц назад

    Not sure about BTC and ETH, but putting USDT in ACMERC for 10x makes sense.

  • @CarlosTomasS.
    @CarlosTomasS. Месяц назад

    ACMERC might just have the biggest potential of any altcoin right now. 🤜🤛

  • @pacechcz
    @pacechcz Месяц назад

    Good old Paris, man 😂

  • @neverquit9414
    @neverquit9414 Месяц назад +4

    Halving will do fooking nothing

    • @russelltate1394
      @russelltate1394 Месяц назад

      AMEN!!!!

    • @THIRTEENTH13TH
      @THIRTEENTH13TH Месяц назад +2

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

    • @basicinfo2022
      @basicinfo2022 Месяц назад

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

  • @Tyrack9420
    @Tyrack9420 Месяц назад

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

  • @PatriesPosse
    @PatriesPosse Месяц назад

    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 😮