Finally a Bullish Week For Bitcoin?

Welcome back to a Sunday video. So, last week was not a good week. Yeah, it was not a good week. We had the biggest hack in crypto history. We had a tech selloff due to bad earnings. It was just not a not a good week. And we ended October in red. But now we're starting November. We're getting close to the end of the year and more importantly getting close to midterms. So, what is going to happen this week? Let's look at a few things and let's talk about what to expect this week. First things first, we're at 783, which isn't too bad. Obviously, we fell down because of the hack. Okay, we went all the way down there about 76,000. Then we picked ourselves up and we're at 78, which again isn't too bad. If this continues, we could certainly get back to 81 in no time. Okay, obviously the alts took a beating, but stocks took even bigger beating. I mean, look at like Intel's down 28% and HP and Micro Strategy and Robin Hood, they took an absolute beating last week. So, all things considered, okay, Bitcoin held up better than expected. Remember this is the biggest hack ever in history and over 6 I think $5 billion worth of crypto stolen. Okay. And 6.3 I'm sorry. And FBI confirms it was North Korea Lazarus. They're the ones behind it. So that happened. But good thing is Binance they have the reserves. They said they're going to pay back everyone. This morning I saw like 90 90% I think has been paid and then 10% is waiting. So they have it. So that's the good thing. So CZ and Binance they've always said their SEFU uh reserves that's legit. That's not fake. They have enough. Think about it. They have over $6.3 billion just to give out. It's insane. And not only that, they saw a record 5.8 billion of withdrawals resume afterwards because they they suspended withdrawals obviously uh because they wanted to stop the hackers from doing anything else, right? Uh they opened it up 5.8 billion. So if you think about it, that's like what 12 billion over 12 billion that came out of Binance, the world's largest exchange, but that's only a small fraction of the one the 171 billion in customer assets. So, this is how large Binance is. Okay, they are a behemoth. They're not going to go away, but still shows how devastating a hack could be. This could have been much worse, right? What if it was 10 billion or 20 billion or 50 billion or a hundred billion? I don't even want to think about it. What if a hundred billion was stolen? There's no way they have enough to cover that. And that would have been disastrous, right? So again, this was good, but that doesn't mean that another big hap won't happen again. And so you still have to be very careful with the exchanges you pick, where where you leave your crypto at. Self-custody is still the right play, but there are still concerns with it, right? You have to make sure you secure your password, your recovery phrase, which is the most important. Don't leave it on some some place like your Gmail or or Google Drive or somewhere like that. You got to make sure everything's locked down appropriately. You got 2FA enabled everywhere. And the best thing to do for your recover phrase is just to write it down and put it somewhere. Okay. Um, so you still got to be careful, but overall you don't want something like this to happen because maybe you do you do have an encounter with exchange where they're not able to pay back or they shut down and that would be really really bad. So you just got to be careful. The hackers are still trying to move stuff. I saw one thing. They they sold off like five million in some altcoin and then they dumped it on some LP that had nothing, no liquidity. So they got like $71 back. So they're they're desperate and they don't care because they have so much they're trying to move. So now they're moving 96 million stolen Salana to Bitcoin, right? They're doing what they can. Very sophisticated stuff. But we also have on the other side these exchanges and circle USDT, Tether and all these uh agencies. Even Trump said he's going to look into it. So we're not going to make it easy for these hackers to cash out, but for sure it's being controlled by North Korea right now. Outside of this uh Oops. Where is it? Where is it? Okay. strategy. Sailor hints that they're going to be buying more Bitcoin, right? So, long-term holders are still holding on despite this hack, despite the worst hack we ever had and despite the bad October and the macro conditions we faced, there are still a lot of Bitcoin bulls out there and they continue to hold and DCA and that is the right move. And one of the reasons why they continue to do that is because of this. Okay, the deficit continues to go up. We are over $40 trillion dollar. Okay, and that is not going to stop. It's one of the reasons why our bond yield is so high and why so many people are worried because we keep printing money. We keep issuing bonds which are IUS which acrrues debt acrru interest that we can't pay. So, it's a never- ending cycle, right? And obviously with the war efforts and all this extra spending for wars, you know, this is why people are afraid and one of the main reasons why people continue to load up and hold Bitcoin because even though short-term we may have situations like this, long-term it's the right play. You can't trust governments or central banks or any fiat currency. It's not just the US. It's everywhere. It's everywhere in Europe. Same thing with euros. Okay. Same thing with sterling. Same thing with yen. You name it. Every country, every currency is being debased, is being inflated, and their deficit is going higher. Every single one. So, you need to hold on assets long term. That's how you protect your wealth and build wealth, too. All right. Now, for this week, we got a couple more things to look out for. First of all, earnings, big earnings Monday, Apple, and then Palunteer, which is an AI. AMD is on Tuesday. So, a lot of eyes on them. And then on Wednesday, you got ARM Holdings and Qualcomm. These are all directly related to AI infrastructure. Last week, we had some big tech giants really whiff and miss. Hopefully that's not the case this this week. I think Valente will do really well. I think AMD will also do very well. I'm not sure about these other ones. Artista and then ARM and Qualcomm. They should be doing very well too because B honestly all data centers. Okay. Anything that related to data centers and infrastructure and hardware that goes into them, they are making money hand over fist. But it's really a matter of do they exceed expectations or not. But things could certainly turn around this week if these companies report very well led by Apple on Monday. So we will see. And then also uh in terms of economic stuff, we do have a big jobs report on Friday that can certainly move things. And then a mini jobs report on Tuesday. So, those are two things that we have to look forward to. All right. And by the way, any of you guys that are wondering, all this could be found on Ask Clash if you haven't checked it out yet. So, that is what to expect this week. Okay, we have a couple of couple economic data that can really swing markets, earnings that could swing markets, and we're getting closer and closer to midterms, which could definitely swing markets as well. and we're starting out a new month. Unfortunately, we didn't have October. So, uh, that's unfortunate. That's unfortunate. And then lastly, I want to show you guys, some people have been asking about Clash World. This is what it looks like right now. Okay. It's kind of hard to move and film, but right now I'm on a pier. This is overlooking the skyline, right? And things are progressing very nicely. So him running around. I got a map going. And this is where you can zoom in and zoom out and basically teleport anywhere in the city. So you know, so it is progressing. I'm still making a lot of changes. uh trying to optimize performance, trying to optimize the look, trying to optimize a lot of stuff. So, it it's it's it's tough. We got we got 50,000 buildings, okay, with thousands of cars, thousands of people. So, it's tough trying to get this going, but it is looking beautiful, okay? And Clashworld is going to really, I think, surprise people when it comes out. Here's another part of the city. I'm I'm teleporting right now. Obviously, you know, normally you would not be teleporting. Uh it's again, I'm it's hard for me to control and and move at the same time. Here, let me uh let me see. I got this. There we go. I got my phone going. I I do have a built-in phone as well, but why am I Let me close this. >> Why is it okay? Yeah, I'm stuck now. I like my my screen is kind of stuck. So, oh, let me let me do this. Oh, there we go. Finally. Finally. Here we go. And you can bump into people, too, like that, you know. So, a lot of games out there that you see on X, um, they look great, but they don't work mechanically. Like, you can't really hit people. You can't bump into them. You can't get into a car. You could do that. >> Let me I'll just show you. >> You could run over people, run over things. Sorry. Again, uh controls is uh rough while while I'm holding up my phone, but goes to show you that there's a lot of work that went into this and more that will be going into this because I do plan on opening up businesses and people will be able to do a lot of cryptobased missions. Oh, and the cops are coming. Cops are coming. Um, so there'll be a lot more to this, but I just want to give you guys a quick quick look at everything that is being built. I mean, there is just like look. I mean, this is the map, right? Like, this is how big things are. I mean, there it's just enormous. It's absolutely enormous in terms of what's going on. And you can see the background over there. I mean, it is looking pretty darn good. You will be able to live in here and discover new things. Um, basically, >> it'll take you months. It could be it could be years. >> There's the L over there. So, you have elevator train. I mean, it is a really complete game right now. Just to give you guys a a preview of what is in store. And then also there's lakes like a ocean surrounding ocean. There will be countryside as well, right? A forest. I mean, you name it. A beach. >> I'm trying to teleport somewhere else. You know, a lot of times I I teleport to places I don't even know where I'm going because the city is so big. You know, I I really I really don't know what to expect because I I haven't been everywhere. I'm gonna be quite honest. It is so big. I don't I haven't I haven't seen everywhere. I I really haven't. It's like exploring. It's really like exploring. There's an basketball court right there without baskets. I'll have to fix that. But it's really exploring like a whole city. Like it is that big. And there's like no way for me to actually explore at all. But it's looking pretty good on TV, right? Like the colors are looking good, bright, and this is all browser based. Although I think I'm going to be moving to Unreal Engine, which will make it even better. But then you have to download. Okay, so I'm not sure that's the right way to do it, but we'll see. We'll see. All right, guys. That is it. Have a good one. Uh I will see you guys tomorrow bright and early. Uh, so hang in there and have a good rest of your Sunday. Go check out Front Line if you haven't yet. That's the first person shooter game that I came out with. I'm working on Clash World. You can see more information about it on Clashpad and other coins. And uh, and that is it. All right, take care. Bye-bye.