BITCOIN FINAL PHASE AS ROBINHOOD CHAIN TAKES OVER

Bitcoin is entering its final phase as the Robin Hood chain takes over. We actually got both those stories for you today. Latest on Bitcoin, latest on Robin Hood chain. Korean stock market just uh the gambling degeneracy over there is absolutely bonkers. Crazy stuff. We got a lot to cover. Let's get straight into it. So, first and foremost, is Bitcoin's bare market entering its final phase? Real Visions Jamie Coots says Bitcoin is likely in the second half of this bare market. The fading downside momentum potential path of 200 250k. Let me just translate that for you. The risk reward to buying Bitcoin right now is relatively favorable. Can the four-year cycle bros be correct and we go all the way down to 40k in October? Well, time's running out. It's about 11 weeks away, I think, until October 6th, maybe 12 weeks. So, that's that's the time frame. Now, could Iran spark a global energy crisis? The sends markets tanking, then the Fed hikes rates because inflation starts freaking out again, 50 other things. Japanese yen blows up, credit cycle blows up, whatever. There's always risks in the market. That's markets, man. But timing wise, if we're going to get to 40k, bears better step up to the plate and smash the prices down, man, because we are getting close to that target point. Certainly, we can drop that fast. It's Bitcoin. You know how it goes. When we drop, we drop real hard, real fast. as leverage gets wiped out, pushes the move lower, faster than anyone thinks it's going to happen. It's pretty typical stuff. However, there has been a base building up, I think, around Bitcoin, and we've had some interesting things happen. Like last week, spot Bitcoin ETFs recorded $197 million in weekly net inflows, ending a week, 8-week outflow streak, with June being the worst month ever in record of $4.5 billion of outflows. By the way, while Bitcoin ETF holders were selling, Bitcoin whales were on the other side and they bought 270,000 coins, which was three times more than the ETF sold. So, all the stuff going on, BIP 110 drama and sailor drama and STRC drama and ETF drama, Wales bought a quarter billion coins. Quarter million coins. That's That's a lot of coins, man. That's a lot of coins. Very, very interesting stuff here. If we end up finding this bottom around what Fidelity says could be $56,500. Another final drop. A final drop. The last one. Sorry, four-ear cycle. 40k October bros. Fidelity says that's as low as we go. We'll find out. Everyone's got a lot of predictions and predictions are like butts. Everybody's got one. Some of them stink more than others. But it's interesting. Fidelity's model. Bitcoin is currently in the accumulation phase with asset continue to consolidate despite recent price volatility. Now back to go Jamie Coot's comment on a 250k BTC for the next peak maybe even 300K I think is something that's definitely possible and worth considering but regardless we're in an accumulation zone. The riskreward right now for buying Bitcoin is once again pretty good. Can we go down to 40K? Of course we can always go down to 40k. Anything's possible in the market, but we've seen a lot of things happening that says this is a good time to be accumulating. No, you're thinking, well, why would I accumulate at $63,000 or the price is currently at, when I was going to wait for 40k? You and everybody's a mom and uncle and dog are waiting for 40k BTC on October, which puts a lot of pressure on it because it's so consensus now. Perhaps that's what ends up happening. Nobody buys, but ETFs are buying, whales are buying. So, well, you and your uncle and your dog may not be buying. Those guys are they're front running the bottom because everybody thinks 40k is coming in. So, whales saw 57k, 58k and said buy tons of BTC right now to the tune of about $16 billion worth of purchases. Shaw says a lot of people sold their Bitcoin so they can buy back at 40k in October. If you sold your Bitcoin around 60ome BTC with the intention to reby at 40K in October, I mean perhaps there's a tax strategy behind that, that's one thing. But if you didn't sell at 100K or 90K with the intention of rebying lower, selling at 60K to try to buy at 40K with so many bottoming signals starting to show up becomes a much riskier proposition. Maybe it plays out and you get 50% more BTC for your cash. Cool. If so, I hope that works out for you. But again, whales are on the other side of that trade. some of the most uh respected, well-funded, savvy players in the market just bought a quarter million coins. Don Alt said, "Imagine this is actually the bottom and Bitcoin goes to 500K and instead of buying the bottom, CT was busy chasing the largest influencer pump and dump. Might work out for some, won't work out for the majority. We'd all be better off without these attractions. Just buy BTC." That's that's the main point here. Bitcoin currently sitting on 20-day EMA. We've seen it test down wick under quite a few times over the last sort of week or so. the 20-day EMA currently sitting right at it, which is interesting. Bombs dropping all across the Middle East, oil infrastructure being hit, risks rising all the time. Bitcoin still a 20-day EMA at 63K. We're not at 40K yet. Fascinating. Fascinating stuff. RSI uptrend of course continuing here. MACD still positive, although slowly grinding towards a daily MACD bearish crossover. We'll see how that plays out. My price target for my Bitcoin trade currently still at $65,000. of the 50-day EMA. Let's see if we get there. Speaking of the trades, here we go. Bitcoin long still in profit. Salana long at a loss right now. ETH long also in profit currently. And I'll break down the rationale behind that trade here in just a few minutes. If you want to join trading over on Bit Unix, there's a link down below here. Anybody anywhere that's you can sign up to Bit Unix and start trading crypto. You can trade stocks. You can trade metals. All you do, click the link down below, deposit USDT because of course this runs on native crypto rails. So you can trade using USDT, put USDT and you can trade all the markets. All the you want to trade, they got you covered. They got it, man. And then put in a trade and you will be in to win our daily $1,000 giveaway. Now we've got uh today's winner is sgmail.com. Enjoy your thousand, my dude. Don't spend it all in one place. Also, if you sign up to Bit Unix or let's say you should also sign up to the inner circle because the inner circle is our private investment and trading group in there. You're going to get weekly tech stock reports on things like Micron Tech before it ran 450% and we've got all kinds of other great wins like Rocket Lab and stuff like that. You're also going to get a weekly altcoin report, hot altcoins like Canton before it had its big run. You're going to get daily trade setups, trades of the day. You're going to get weekly deep dive trade reports, actionable setups with direct entries, stop losses, and take-profit targets. You will get 80 bucks a month back from the guys at Bit Unix when you join as a member. You're going to get a 7-day free trial as well when you click on the link down below. Your community is waiting for you. We'd love to see you in there. Continuing Korea, man, SKH Highix crashes 15.4% its biggest drop in history. uh the day after it IPOed on US markets. US investors overs subscribed to this by like 20x or something like that and then uh lose 15% of their money the next day. Classic stuff in markets. I was reading something about the Korean stock exchange that like something like 90% of the volume on the Korean stock exchange is people in leveraged ETFs and leveraged individual stocks which means that there's huge leverage. So the everybody levered up like crazy at the top in Korea and then when markets start moving everybody's getting crushed real fast. Brutal stuff man. The Cosby dropped 10% today. Another 12 13% down. We'll take it to the 200 day EMA which I think is a reasonable target on this sort of sell-off. Samsung and SKH Highex basically make up 50% of the Cosby which is the Korea index you know normal stuff normal stuff man I mean look the memory trade got super super overheated and I know everybody was screaming but it's going to go on forever it's the memory super cycle as I was saying you know buying something like SanDisk with a 99.3 monthly RSI reading which is the highest reading on any stock in history doesn't tend to end super well. And I'm not saying these are bad stocks. Obviously, Samsung and SKH and SanDisk and all this other stuff. Micron Tech, these are good companies. They're going to continue to do well in the future, but obviously a major cool down was needed. The market has showed his hand that that's exactly what was needed. If you're not subscribed to the channel, subscribe yet. It's free to subscribe. I see the analytics. I see like half you guys who watch the videos are not subscribed to the channel. Subscribing takes one quick second. It helps the channel out massively and then you'll get these videos in your feed in the future. Thank you very much. Now, the big story, of course, is Robin Hood chain. Robin Hood chain meme coins now surpassed $244 million in total market cap of up 33% today. Pretty crazy. Only a4 billion for all the memes and most of it's basically Cash Cat. Now, Cash Cat Cash Cat uptrend has been broken. Huge rise in this thing. Uptrend broke. So, maybe we see some more consolidation, but the price did come back down to an area of previous price support, previous price resistance. Maybe that's enough for a flip here. I could see buying cash cat. It's kind of become this is the consensus meme that everybody's paying attention to the what's it Vlad Tennv? I think he's talked about cash and so usually the main runner on a chain tends to keep being the main runner. Now the majority of the money has been made. You're not going to get multi,000% gains out of cash. I don't just whatever the hell anyone's telling you guys. This thing's not going to hundred billion dollars or whatever stupid numbers you might get seen thrown around. Just so we're clear. But there's potentially still a trade here because this thing could easily go up to half a billion or even a billion dollars if the Robin Hood chain hype continues. That's the key. Now, if you want to gamble on a new meme, there's always, of course, much higher risk. Is it going to Rugpool, which of course happens all the time. Is it just a scam? Your money is going to go to zero almost instantaneously. That happens a lot. We're seeing now thousands new meme coins being launched on Robin Hood chain every single day. and you have to deal with the risks of the reality of trying to play that game. So, you find something at a $50,000 market cap and put 500 bucks in. Maybe you do well, chances are you're going to lose your 500 bucks. So, it's become very much a casino like environment. That being said, maybe Cash Cat runs. Maybe it's got enough narrative behind it, enough organic attention. We shall see. Reminder, of course, it's just a picture of a cat that's got attention right now because Robin Hood chain's currently hot. That could change real fast. And the second that eyes go away and attention changes, this goes down dramatically. There's no revenue. There's not. It's just a picture of a cat, guys. That's it. Doesn't mean I won't I'm not I'm against gambling on it. I mean, don't gamble around here. We make educated speculative investments. There's a difference. Aiden Adams, the uh the unis swap uh guy, he said unis swap generating $5.2 $.2 million in daily fees. That's crazy, man. Above any other protocol. That's wild. Unis swap has just come out of nowhere to absolutely kick everybody's butts, man. That's nuts. Ahead of pump, ahead of Sky, ahead of Hyperlid. What is going on, man? Everybody's just aping into memes on Robin Hood right now. And unis swap is one of the main beneficiaries of that. Now, we issued a report on Uniswap right here. It's up about 30% since we issued that report. We also issued a trade alert on unis swap here. Of course, if you were an inner circle member, you got that deep dive report on the altcoin. You got the trade signal for unis swap and you probably made money like a lot of our members did. Just saying. Link down below. 7-day free trial. Anyway, this thing's run very nicely. And I have been a big critic, as you guys know. Okay, I've been a big critic for a long time of unis swap's shitty governance token. But that's all changed because they have officially turned on the fee switch, which means that people who hold UNI now have a reason to hold Uni because you're actually get revshare. They're doing $5 million a day. It's not bad. It's not bad, man. Now, the total market cap right now is quite high for unis swap. So, it means we really need to see a lot of fees continue to be generated. We need to see unis swap continue to put in these multi-million dollar days. This can't just be a sort of oneandone scenario where a we did $5 million in fees and then it's back to like $500,000 of fees in six weeks. That's not going to sustain in terms of the fee switch. But but if they can sustain seven figure plus daily revenue for unis swap that becomes interesting I think on the thesis of buying and holding spot uni lighter is another beneficiary. This is sort of the official perplex swap uh per deck for Robin Hood chain. So, currently on a nice uptrend, as you can see by the orange line here, threatening a MACD daily bearish crossover. It's had quite the rally recently. A pull back to like the 50-day EMA would be probably an interesting spot around a buck 80. You can see previous price resistance here. 50-day EMA itself, of course, acting as core support. That might be an interesting place to uh go long or add a spot position for those watching. I'm not sure if I'm going to get into a position on lighter, but I could see it. I could see it, you know, 5050, take some money, throw it in a cash, cat, and lighter or something like that. I don't know. But there's only a few ways really to express your interest in trading on the success of Robin Hood chain right now. And that's buying one of the memes, which of course again just a picture of a cat. So you have to understand that. Okay. So it's buying cash catters, buying unis swap, which is at least a real revenue generating protocol. And despite previous criticisms, that seems to largely be fixed. So unis swap is an investable asset. Again, in my mind, it's good. I'm happy. Fantastic. I'm happy that unis swap's finally done this lighter as well. Aggressive buybacks totally an investable asset. And you can see there's a big difference between buying unis swap and lighter or buying the picture of the cat. Doesn't mean the picture of the cat won't make you more money potentially because it's got the attention and the narrative. But these are the real protocols that are generating the actual money behind what's going on in Robin Hood right now. Just so you understand the difference. Probably time to buy ETH BTC here. It's got a 60% retracement. Bitcoin looking weak. Sailor uncertainty. BIP 110 drama lagging the recent market bounce off local lows. Robin Hood chain can attract real liquidity, which I bet drives narrative shift to ETH as it's on Ethereum. ETH is the money of Robin Hood chain. By the way, in case you weren't aware, 30 million traders over on Robin Hood. Now, not all those are going to go on chain. Not all those are going to buy ETH, but even a fraction of them coming on chain, buying ETH, buying Cash Cat, you can see where things go. More so, says Nico. ETH is money on Robin Hood chain. It's the base pair for trading. is the highest volume asset is the gas token to pay for block space. Nice. Nice. Oh You're going to make me buy Ethereum. Oh boy. Ethereum currently struggling to get over the 50-day EMA, though. This is the neckline right here for the double bottom pattern. We want to see a clean break, and we didn't quite get that over the weekend. I was looking at over the weekend. I was like, gosh, we're going to get it. We're going to get it. No, we did not. We've not got the clean break yet with a good strong daily close above the 50-day EMA, which is right around $1,800 bucks. We keep kind of just failing to get over it or we get over it just by a tiny bit. It's like it's not really a strong move. We get a decent move above this $1,800 level, which is the 50-day EMA, which also coincides with the neckline of the double bottom. And ETH could rip real fast to 2100 bucks because it's got the momentum going right now because of Robin Hood chain. So, that would be the trade I I'm watching out for in a position for currently long from about 1750 over here. Let's see how it plays out. If we can continue to have some strength here. Now, if we pull back to 1740, which is the 20-day EMA, my long will stay open. The stop loss is down here on 1700 bucks, which means that if we lose the 20-day EMA, essentially I'm out of the trade, which is fine. We really need to keep the 20-day EMA for short-term momentum. Failing that is problematic. Thanks for watching. I'll see you in the next one.