He said in the short term a pop might occur. But as long as a large "open interest" position exists, we'll go back down as market makers seek to "rekt" these gamblers.
@@ThomasKuhar yes in short term we have the DXY oversold and the upcoming tomorrow Bank Of Japan interest rate but the dollar is the world reserve currency and when the Fed Cut by .5 or a 1 point nothing will stand in the way and for sure bitcoin will rise.
This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high, today I am more than 60% down!
Don't be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you're investing in great companies. kudos to SUSAN OWEN
@@donaldjessica4185Thanks for your update I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners?
@@chrisbarber7291 "skyrocket" - at least 100 miles in less than 2 minutes - straight up! So 10% up in a day (or more) or 50% up in a month (or more) or 250% up in a year (or more) ...
You have been talking about flushing longs,if you keep waiting for longs to get totally flush out,then you are joking because leverage traders will never stop long and shorting of the market.
@johnokhide4929 the market brings as much pain as it can before it takes off...... after they get beat to a pulp we'll skyrocket they'll be around. the ones who don't get obliterated
we need to close above 64k today...or we are gonna move back down. The bears have some room for BTC to Move Up, but not much!. We shall see Toby my friend😁
@@ThomasKuhar I have been in BTC since 2014. The difference I didn't run and hide in another country. I preferred to fight like a patriot. I also know how evil Wall Street is and the FED. They are capable of anything.
Don''t forget that BTC was 10k lower about 2 weeks ago and started rising as soon as the talking heads started spruiking rate cuts. What is encouraging is that markets didn't buy the rumour and sell the news, which often happens.
Am I the only one seeing the market skyrocketing? What is he talking about here?? These are relatable people but they aren’t always right lol this one feels way off we’re pumping and there explaining why we’re not maybe it’ll drop back down but seems to be moving atm
They are possibly in a different time zone and possibly released the video ahead of what you see or "skyrocketing" is defined differently to each of us. Micro vs macro etc.?
Bitcoin skyrocketed in the middle of July and Aug but ultimately dropped lower. Look at the weekly chart. A dip is anticipated. But it'll go up again in Oct
Toby, usually you have some good points. I think you’re talking out of your arse here. The reduction of interest adds to liquidity which is a major driver in risk asset price increases. Money printing by government borrowing is also a huge part.
I dont think you are dead wrong but i think the conversation about the American government and what they do sometimes becomes more important for you than just making money in crypto. I know you have a passion about it so it makes sense. But regardless about making money in this space and nothing more
still waiting for 39-40k btc, I dont need it 75k too high price, yet alone i dont need it at 100k, i wont buy spot at 75k and i sure wont buy spot at 100k either LOL
I've been trading Btcoin independently for the past six months but have been experiencing losses, It’s a bad psychological position to be in. Any last minute tips to improve my situation
in this case I think like you, But how is open interest going to diminish? what has to happen?, the open interest is very sticky this time. no-one is thinking Bitcoin is going down longterm.
Hi, CC! What I think is that the US institutions are doing their best to keep BTC prices down. But retail newcomers are pushing them back. Just check the volume!
I have to correct you there. Most money is created by commercial banks when they issue a loan. Dropping the rate by the FED invites people to lend more and thus more money (credit is the better term here) will be created.
@@spell66 Yes, but they're both USD and they both increase the money supply. The difference is that paying back the credit, or defaulting on the debt, has a deflationary effect. While the money created by the central bank does not disappear back into the thin air from which it was created. Because there is more credit than money, much more in fact, some call for deflation instead of inflation once the debt default spiraling starts to kick in. When that happens all the banks will go broke. We'll see how it goes.
Glad to hear you say it (0:56). The Fed lowering an interest rate is said to "inject liquidity," which always sounds like a euphemism for inflate more or dilute more… not actions I respect …but fortunately, we now live in a world with REAL money. Thanks, Satoshi❗️
Bitcoin has skyrocketed in the middle of july and August as well. Hes right. Everyone was saying this is it in the middle of those months n then nothing at the end cuz it retraced.
Ricky Guietterez also said the same thing. He isn't bullish, and his subscribers are also calling him stupid just like yours. Everyone is expecting bull run has started, so probably a flush down is necessary and inevitable as you suggested. I think maybe around 65k to 66k is a high resistance level to have one last flash crash to reset those open interest.
Thank you for this Infos. I don't know why so many people without any knowledge about the market are writing that you are wrong.! Let's see in a few days 😉
still waiting for 39-40k btc, I dont need it 75k too high price, yet alone i dont need it at 100k, i wont buy spot at 75k and i sure wont buy spot at 100k either LOL
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even stevie wonder can see btc going up
Of course it moves up some. But later it will level out
@@jecrpalier -- it is already leveling out and it is already going up, up and way ... though there are often "corrections".
Snoozzie or Lozzie!
Goot 1
😂😂
I’m curious why youve been saying you’ve got buy orders in for high 40’s to low 50’s … but BTC is up about 15% in past couple of weeks???
are we looking at the same chart?
Decent pop to me, shoot it hasn't done crap in 200 days.
@@bpprovit for a limited time
maybe his chart fliped by accident 😑
He said in the short term a pop might occur. But as long as a large "open interest" position exists, we'll go back down as market makers seek to "rekt" these gamblers.
@@ThomasKuhar yes in short term we have the DXY oversold and the upcoming tomorrow Bank Of Japan interest rate but the dollar is the world reserve currency and when the Fed Cut by .5 or a 1 point nothing will stand in the way and for sure bitcoin will rise.
This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high, today I am more than 60% down!
Don't be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you're investing in great companies. kudos to SUSAN OWEN
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading
@@donaldjessica4185Thanks for your update I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners?
This sounds so good and I would like to be a party to it, is there any way I can speak with her?
She's often interact on what//app
BTC over 63K mang. obviously this fed bs matters
BTC ABT TO NUKE SOON
This aged well ..
Every youtuber right now “don’t buy until I can get cheap BTC and a long going, I missed it.”
3 hours later... .this did not age well. LOL
Did it sky rocket?
No, THIS is why Bitcoin didn't skyrocket... BLACKROCK.
this guy is the ultimate debbie downer
And democrat.
What kind of Milwaukee are you talking about. The market is moving up. Have you looked at the charts lately?
Because Bitcoin is now run by Blackrock
Speak please more and more about the open intrest.
What is the open intrest today, to be high?
We looking at the same chart?
You must be looking at something else. It not skyrocketing.
In about 45 days we start a 12 month pump to 210k
Thanks Toby! Looks like this time so many people disagree with you
They will see. I am also with Toby.!
BTC is skyrocketing right now…
5% is skyrocketing ?? Wait 50% or more
How is a few percent "skyrocketing" ?
@@chrisbarber7291 "skyrocket" - at least 100 miles in less than 2 minutes - straight up!
So 10% up in a day (or more)
or 50% up in a month (or more)
or 250% up in a year (or more) ...
5k is skyrocket 😂
🤡
IT WORK GO UP UNLESS TRUMP IS ELECTED
You have been talking about flushing longs,if you keep waiting for longs to get totally flush out,then you are joking because leverage traders will never stop long and shorting of the market.
@johnokhide4929 the market brings as much pain as it can before it takes off...... after they get beat to a pulp we'll skyrocket they'll be around. the ones who don't get obliterated
These guys really have no clue how advanced traders set margin trades on both sides of a channel that bitcoin is in.
One of the most measured and wise bitcoin spokesperson on YT. Thanks for another video...
These youtube mofo's 🤦🏻 got lucky with shitcoins 2 cycles earlier now they all professors 🤮
💯
Not skyrocketing my ass.
This guy is delusional
And Four Hours Later - the price is lagging and NOT skyrocketing.
we need to close above 64k today...or we are gonna move back down. The bears have some room for BTC to Move Up, but not much!. We shall see Toby my friend😁
Life is a gambol. And so is BTC.
You need to learn some more.....
@@ThomasKuhar I have been in BTC since 2014. The difference I didn't run and hide in another country. I preferred to fight like a patriot. I also know how evil Wall Street is and the FED. They are capable of anything.
profound
Don''t forget that BTC was 10k lower about 2 weeks ago and started rising as soon as the talking heads started spruiking rate cuts. What is encouraging is that markets didn't buy the rumour and sell the news, which often happens.
Toby, do you follow global M2? You can add it to your trading view chart. Only indicator necessary.
I think you’re right. 🖖
Am I the only one seeing the market skyrocketing? What is he talking about here?? These are relatable people but they aren’t always right lol this one feels way off we’re pumping and there explaining why we’re not maybe it’ll drop back down but seems to be moving atm
go all in then
They are possibly in a different time zone and possibly released the video ahead of what you see or "skyrocketing" is defined differently to each of us. Micro vs macro etc.?
My portfolio has definitely gone up 15% since yesterday 🤷♂️
You have 48hours 😢until the Bank of Japan decides whether to crash the market again, carry trade.
Bitcoin skyrocketed in the middle of July and Aug but ultimately dropped lower. Look at the weekly chart. A dip is anticipated. But it'll go up again in Oct
You are DEAD WRONG this time around. I’m only telling you this because you said you’d love to hear it, even though I think you are correct.
There's always ONE in a crowd! 😊
@@ThomasKuhar it was my turn 😂
Actually we’ve been ranging for almost 7 months
Btc wont skyrocket in one day .. relax .. youtubers loves FUD.
Toby, usually you have some good points. I think you’re talking out of your arse here. The reduction of interest adds to liquidity which is a major driver in risk asset price increases. Money printing by government borrowing is also a huge part.
Good Crypto Tip… BTC doesn’t care about FOMC and FOMO
How is that exactly? Rate cut = me paying less in mortgage, that difference amount is going into btc.
I dont think you are dead wrong but i think the conversation about the American government and what they do sometimes becomes more important for you than just making money in crypto. I know you have a passion about it so it makes sense. But regardless about making money in this space and nothing more
As of now the price is going up
Really appreciate this channel
My BTC is up almost 6% since yesterday. I’ll take it.
Toby thanks for keepin' it real!
It went up some. But definitely didn’t skyrocket as some are commenting. SMH!
We only broke out this year because of the ETF launch i don’t see anything major pushing up the price other than more rate cuts.
still waiting for 39-40k btc, I dont need it 75k too high price, yet alone i dont need it at 100k, i wont buy spot at 75k and i sure wont buy spot at 100k either LOL
@@UniDeathRaven39k isn't gonna happen anytime soon
I've been trading Btcoin independently for the past six months but have been experiencing losses, It’s a bad psychological position to be in. Any last minute tips to improve my situation
in this case I think like you, But how is open interest going to diminish? what has to happen?, the open interest is very sticky this time.
no-one is thinking Bitcoin is going down longterm.
Rate cut helps liquidity. How is it meaningless...?
If btc is pegged to the market we’re all screwed. The market isn’t going parabolic any time soon
Why is it always Long OI need to be flushed out insted of both long short? Is it the same if OI high or low prone to price manipulation?
Charts look very good on the weekly. That's what matters.
Binance committed no crimes? Are you new to crypto?
This video is so weird…
lol I just wrote this before coming down in the comments. what a wild statement
Blackrock won’t allow us to go past )”k
But it did go up.
39.1 million at $62,343 Will they take it out?
Excellent video!
Only when money printer goes brrrrr will the price go to new highs, last time this happened was March 2023.
Free CZ!
You might have money and a few other investor types.. Most others don't in the current economy... So just saying keep waiting
Your body language seems like you're in short selling side pls do not short when market makers disided to go with long's ❤❤
Should have waited a day before doing this video.
This video is aging like milk bro. The entire market is going up right now. 😵
Please write again in a couple of days
Most idiotic thing I've watched today lol.
Please write again in a couple of days 😂
Hi, CC! What I think is that the US institutions are doing their best to keep BTC prices down. But retail newcomers are pushing them back. Just check the volume!
Pump only🎉
I have to correct you there. Most money is created by commercial banks when they issue a loan. Dropping the rate by the FED invites people to lend more and thus more money (credit is the better term here) will be created.
Commercial Banks create credit, not money. The central bank creates money, but not credit.
@@spell66 Yes, but they're both USD and they both increase the money supply. The difference is that paying back the credit, or defaulting on the debt, has a deflationary effect. While the money created by the central bank does not disappear back into the thin air from which it was created. Because there is more credit than money, much more in fact, some call for deflation instead of inflation once the debt default spiraling starts to kick in. When that happens all the banks will go broke. We'll see how it goes.
You make good points. Play steady.
can not hear what your saying too quite
Glad to hear you say it (0:56). The Fed lowering an interest rate is said to "inject liquidity," which always sounds like a euphemism for inflate more or dilute more… not actions I respect …but fortunately, we now live in a world with REAL money. Thanks, Satoshi❗️
2021 January was the beginning of rate rise.
Increased Liquidity?
Increased marginal liquidity isn’t good for Bitcoin?
Bitcoin has skyrocketed in the middle of july and August as well. Hes right. Everyone was saying this is it in the middle of those months n then nothing at the end cuz it retraced.
This aged like a fine milk🥛 🤢
Ricky Guietterez also said the same thing. He isn't bullish, and his subscribers are also calling him stupid just like yours. Everyone is expecting bull run has started, so probably a flush down is necessary and inevitable as you suggested. I think maybe around 65k to 66k is a high resistance level to have one last flash crash to reset those open interest.
Thank you . Agree CZ . ..It was a real witch hunt .
If you're not early, you're late.
Open interest my open interest and open interest open interest
BTC going up with Fed rates a sign of unintended manipulation
All i have to say is ABOLISH the fed.
Def flushes happen, can post the BTC leverage chart to show where they are sitting.
You will not get rid of open interest. Wall street now controls BTC. Stop fooling yourself.
He’s delusional.
it up ...wot you not see?
Sitting on my hands.
?????? Bitcoin is skyrocketing Toby
Yes m8 rsi running a tad hot
With derivatives you can also hedge your underlying longs by selling futures which has an effect on open interest.
Don't swim agenest the current 😊
what chart are you looking at Todd? stop trying to be the smartest guy in the room.
Toby? Who’s Todd?
Thank you for this Infos. I don't know why so many people without any knowledge about the market are writing that you are wrong.! Let's see in a few days 😉
ooohhh a crash soon title ... all in boys shes gonna pop!! Fuddd
I like that shirt!
Heading to Portugal next month for surf trip, Any recommendation for Wetsuit and Board rental?
yes. buy bitcoin instead
W Toby bro!
Biggest clown in the circus
Thanks
IDC what BTC or bitcorn does short term!
Buy Sats and chill.
End The Fed!
Restore The republic!
Wrong
From his hand movement to his voice. One of the most annoying people on YT.
Thanks for watching 😎
What on Earth is he talking about? Bitcoin is skyrocketing. Please adjust your sets.
still waiting for 39-40k btc, I dont need it 75k too high price, yet alone i dont need it at 100k, i wont buy spot at 75k and i sure wont buy spot at 100k either LOL
Zero alpha on this channel
lol didnt commit any crimes ( perhaps what he was charged for on paper) you must be new here
Toby even when btc "finally" breaks out OI will remain high. Let it break out this time ;)
nah they are sucking it out from shorts then longs