Bull Market Starting TODAY!

Bitcoin has undergone a massive rally over the last 48 hours. And in today's video, I'm going to share with you the $1 billion short squeeze that caused that rally. I'm going to share with you the $1 billion worth of inflows that came into the Bitcoin ETFs. And I'm also going to share with you where I believe Bitcoin is going, when it's going to happen, and why our model is forecasting that a Bitcoin bull market could be beginning as soon as this evening. We've got a lot to cover. So, without much further ado, let's go ahead and dive right on into it. The CryptoJ Research Symposium is live. We have been building this for over 6 months and it is here. More on this at the end of the video, but just so you know, the link to join our Discord server and get access to all of our proprietary research is in the description box right below this video. Bitcoin is currently sitting at $86,200 and a massive rally has taken place. This rally is almost exclusively because of a major long, sorry, short liquidation event that took place here yesterday. $924 million worth of shorts were liquidated as Bitcoin broke above $82,000. And there's very clear reason for that. $82,000 has been our line in the sand for saying that a Bitcoin bull market is beginning. But we're not the only people that have been saying that. Many other people understand that as well. And that's because there are two different levels that line up at $82,000 that if you're above them, it's very difficult to argue, almost impossible to argue that Bitcoin is in a bare market. What it means is that as we confidently break through $82,000, we are gaining the confidence that we need to say that Bitcoin is now in a bull market. So, I'm going to break those two reasons why 82 is so important down. I'm going to show you what the breakout looks like, and we'll also talk a little bit about where we go from here. Let's first define what a Bitcoin bull market is. A Bitcoin bull market is not just a series of higher highs and higher lows. That is the product of the true definition. Yes, a bull market has higher highs. Yes, a bull market has higher lows. But the actual core definition of what makes a bull market a bull market or a bare market a bare market is not down to the price. That's the result. But the input is the way that people think. And to explain that, let's go ahead and look at the ETF cost basis. When Bitcoin was in a bull market, it would drop back down to the cost basis on Bitcoin over and over and over again. And when it did, it would find support. Pretend that this was your cost basis. Let's say that Bitcoin dropped back down to $60,000, which was your cost basis. What would you do if you believed that Bitcoin was in a durable long-term uptrend? You would buy more. And so, the cost basis on the ETFs acted during the last bull market as support. And as Bitcoin dropped back down and bounced off of them, Bitcoin would gain serious momentum and go through a major uptrend after the bounce concluded. We saw the same thing happen here in April. But then something fatal happened in January of this year. Bitcoin dropped back down to the ETF cost basis and it didn't bounce. Instead, it fell straight through the cost basis all the way down to $60,000. And you can see that this was actually the highest velocity movement of the entire bare market. This drop from $80,000 to $60,000 happened in the span of a week. We lost 25% of the market cap of Bitcoin in one week because the cost basis collapsed. Then look at the bare market behavior. As the market rallies up to the underside of the ETF cost basis, the market starts to go into sell mode. Pretend that this is your cost basis. As you drop back down to your cost basis and you believe there's an uptrend, what are you going to do? You're going to buy the dip. Let's say we're in a bare market and the market rallies up to your cost basis from the underside and you get closer to break even. What are you going to do? You're going to sell the rip. The definition of a bull market and a bare market is thus. In a bull market, people buy the dip. In a bare market, people sell the rip. That's the definition. And that produces the higher high and higher low structure. But why is this important? Because we're starting to see the market is printing candles that are not similar to bare market candles. Instead, they are similar to bull market candles. Look at what Bitcoin did on the weekly chart. It fell back down to the 20weekly EMA and bounced. What happened here? After we saw the Clarity Act fail after we saw the effective federal funds rate hike last week, Bitcoin did not crash. Instead, investors saw the bad news and they bought the dip. This is what we talked about on our channel over the last couple of weeks that the way that the market responds to the bad news of Clarity Act not passing. The bad news of the effective federal funds rate hike is going to tell us all we need to know. If the market sees those as bearish events, but nevertheless opportunities to buy and we get a bounce, then that's how we'll know that we're in a bull market. I tell you the truth, we have seen almost every single confirmation take place that can we've seen Bitcoin break above the 50w weekly EMA, sorry, the 50weekly SMA. You can see we closed here. We are well and truly above the 50weekly SMA right now. We opened above it. We have not closed above it, but we're getting there. We are above the 20weekly exponential moving average. We are now above the ETF cost basis at $82,000. We are also well above the short-term holder realized price, which is another uh which is another chart that we track a great deal in our research. This is bull market behavior. Being above the cost basis means that you are in a durable uptrend. Like I said, we also saw $1 billion worth of shorts getting liquidated on the 20th, which is a big part of what caused this rally. On top of that, on Monday, we saw $999 million flow into Bitcoin. Almost a billion dollars flowed into Bitcoin on Monday. This is one of the highest, largest inflow days in the history of the Bitcoin ETFs. And that's because the market understands that a break and hold above 82 is the line in the sand. There are no other technical confirmations that are necessary. All of the other technical confirmations of a bull market have already taken place. industry executives believe that the bottom's in. Um, Coinbase CEO Brian Armstrong believes that this was the bottom, for example. So, all I need to see is this. I want to see Bitcoin close yesterday's candle above 82. News flash, that happened yesterday. What I then said yesterday is I want to see today's candle, Tuesday, September the 22nd's candle, open and close above $82,000. And if that takes place, our logic, our research will tell us that this is not one of the first confirmations of a bull market, but this is the final confirmation of a bull market that we need to see. And that gives us a great deal of actionable insights. This gives us a great deal of steps. But before I share with you exactly what us being in a bull market means for our trading and our investing, I want to share with you where you should go to actually take advantage of these movements. And I'm very excited to announce that the CryptoJ Research Symposium has launched and you are going to be able to get access to our Discord community along with all of our written proprietary research with the link in the description box down below. And it just so happens that we are launching this seemingly on the day that the bull market is going to be confirmed. the bull market looks like it's going to be confirmed this afternoon. You're going to be able to get access to our research desk where you get access to our proprietary research. You'll be getting access to our weekly technical analysis of Bitcoin and stock ch stock patterns. You'll be getting access to our daily fundamental analysis, our stock picks and crypto picks and our investment research, our institutional grade research on this, our investment thesis and our market worldviews. You're going to get live office hours with myself and our analysts. You're going to get breaking news and updates. You're also going to be able to request videos and asset reviews both in the Discord server and on the YouTube channel. And you can see several other people have already joined the Discord server right now. I was just talking to Crypto Boy 2022 over here. Shout out to you. You can see that there is a massive amount of in a massive amount of content over here. We have our community chat where we're going to be able to talk. You're going to be able to get access to our proprietary research. This right here is called the great debasement. This is where we explain the underlying architecture behind why Bitcoin actually succeeds. You can see on your screen our claim and our application. I'll let you join the Discord server first to get access to the rest of the research since this is behind the payw wall. But if you do go through this, this paper is fantastic and you're going to really enjoy this. This is in the Discord server. We're going to be dropping worldview pieces in here every single month. Our thesis over here, these are going to be our written uh proprietary research on Bitcoin, Skhinx, Micron, and Nvidia. This is going to be dropping once a month over here for each of them. So about once a week, you're going to be getting an update on one of them. And at the end of the day, what this is is this is our method of of of distilling a lot of information out there in the market and bringing it down into actionable insights. You're going to be able to get access to me, all of our research, all of our thoughts, all of our processes, all of our educational materials, all of our frameworks, all everything that we do to manage our portfolios. Everything is going to be right here in the CryptoJab Discord server over in our research desk. So, I heavily encourage you to sign up with the link in the description box down below and join our growing community. I'm very excited to be able to talk to you guys, get to know you guys, and I really appreciate you guys for being here. All right, let's go ahead and talk now though about what exactly Bitcoin going into a bull market actually means. Why does this matter? Well, this is one of the things that we talk about in our research, and that is this. The reason why it even matters if Bitcoin is in a bull market or a bare market is something that we need to ask ourselves. Why do we even care? The reason we care is because certain activities that we're going to do in trading and investing depend on whether or not we're in a bull market or a bare market. If we're in a bull market or if we are transitioning into a bull market, we've been transitioning into a bull market for the last four, four or five weeks. If we're transitioning into a bull market or in a bull market, we're looking generally in those early stages to begin accumulating, right? That transitionary period from bare market to bull market is where we're wanting to accumulate. Bitcoin is very much in accumulation territory right now. We've talked about price targets. We believe Bitcoin will be will be well worth well north of $250,000 by the end of this cycle. Probably higher than that. $86,000 is a fantastic price to be acquiring. But we also talk about our trading. When we're in a bull market, it's a lot easier to go into trades. Why? Well, I'll show you. It's very simple. If Bitcoin is in a bull market, generally speaking, that bull market is going to find support around the short-term holder realized price. And I might go a little bit below it, but the further you get to the downside on the SDH momentum here, the MVRV score on STHRP, the lower you get, but you're still in a bull market, the better the risk-to-reward ratio is. I mean, think about it. If Bitcoin's in a bull market right now and Bitcoin were to drop back down to the 20weekly exponential moving average, which is very commonly uh bull market support, it's pretty simple to say, I'm just going to go into a long trade when I get down there. I'm going to go into a long trade right here, and I expect we'll go up here. and the risk-to-reward ratio is a lot higher. When you know that you're in a bull market, longing becomes significantly easier. When you know you're in a bare market, shorting becomes significantly easier. It is the foundational principle underlying what trades you take. If you're in a bull market, you're looking for longs. If you're in a bare market, you're looking for shorts. So, getting that confirmation of us being in a bull market is very important because it shifts the risk-to-reward ratio. Right now, when we rallied up to 82, many people were thinking about risk like this. They expected that this is the probability of what was going to take place. Just a few months ago, people were expecting not much upside and a lot more downside. And so what ends up happening is that they sell. Being in a bull market helps us to understand that people are not looking at the market like this, but that they're looking at the market like this. And it makes longing a lot simpler. So we want to take a lot of information, distill it down into actionable insights. And that's where the word bull market carries a lot of weight at our firm. When we say bull market, we mean things by that. We mean that we expect a multi-year uptrend. we expect that buying the dip is going to be a good idea rather than just catching a falling knife. And we expect that long trades are going to be uh statistically more likely to succeed. So, I do believe that the Bitcoin bull market is going to be confirmed tonight. I do believe that all of the other confirmations that we look at as a firm have already been confirmed and I anticipate that we're going to see a strong structural confirmation of bull market happening tonight. And like I said, my personal criteria for that is I wanted yesterday's break to close above 82. And I want today's candlestick to open and close above 82 because at that point, this isn't just a scam wick above 82. It's actual trading in durable price activity up here. And you can see even over the last few minutes or the last uh day or so that Bitcoin has been actually printing sideways up here at 86,000. We don't just have a rally up to 86,000 and a crash. We actually have durable trading up here. And so that's where I'm very confident that a Bitcoin bull market is beginning. And my final confirmation will be today's daily candlestick closing above $82,000, exactly 6 hours after this video uploads it at uh 2 p.m. Eastern time. At 8:00 p.m. when the candle closes, uh I will be confirming the bull market. And I will be doing that first and foremost in our Discord server. So, if you have not already, I heavily encourage you to sign up for the CryptoJet Research Desk. Get access to our Discord server, get access to all of our research over on our desk. Um the link is in the description box down below. You're also, by the way, going to be getting access to our trading course whenever you sign up for Yubit and our Discord server. If you're signed up for both, you're going to get access to our 11-part 14-day trading boot camp for free as an additional add-on to the research uh to the research. So, make sure you sign up with the link in the description box down below. I look forward to getting to know you and serving you however I can. I really appreciate all of you guys for tuning in. My name has been Jeb McAfee. And before I go, I do just first want to thank each and every single last one of you for watching as always. And I will see you guys in the next video. Peace.