Bitcoin Breakout Is Coming Due to These Signals...

Welcome back and happy Labor Day to everyone. Today, obviously, if you're in the US, is a national holiday. Stocks, markets are closed, but that does not mean Bitcoin nor crypto are closed. So, let me talk about what's going on right now. a couple interesting things that are going to happen this week and why you should care and plus some big updates that I've made with some of the the the features that we have within Clash. Let's talk about that as well. All right. Uh I don't know why my flash is on. Okay, there we go. Uh we are sitting right around 79,000. So it's been a very quiet week or weekend. Okay. Uh we're just kind of hovering there ever since we came up from bottom. You could see we're going sideways. Still waiting to break out from 81, which we have hit several times, but right now we're just kind of stuck going sideways, which is a really good thing. As you can see, we're not retracing back down, right? And all of last week, we saw massive inflows, and I'll show you more of that in a second. But this week, just so you're prepared, we do have a couple inflation data that's coming in. PPI coming on Thursday and CPI coming on Friday. That is important. Okay. So, obviously a lot of talk about the upcoming FOMC meeting and we want inflation to hold or come in in line with expectation. We don't want these numbers to come up and show that inflation is increasing, right? The last few that we got from last month were actually good, promising. That's what brought the rates down and people were or the the percentage of rate hikes going down. That's what I meant. Okay, inflation didn't actually go down. It's continued to go up. But recently, a lot of fear about we are going to get a hike in a couple weeks. uh Worsh was very hawkish and then Waller came out and said no maybe we could hold. So the markets are unsure. So Thursday and Friday this week going to be very very very important. Okay, in terms of this next FOMC meeting and what the governors are going to do about inflation. So are they going to hike or hold? I think we still have a 5050 shot right now, but this will definitely turn it one way or another. So, pretty big stuff. Now, as for inflow, still very very good. Look at that. Look at the last, you know, 2 weeks, 3 weeks. Overall, very good. On Friday, we ended with plus 174 and last 90 days almost 2 billion. If you look at ETH also plus 26 million, soul had a little outflow. Interesting. XRP had a little outflow, but overall you can see the last 90 days still good for soul lasting last 90 days good. ETH last 90 days really good and Bitcoin obviously good too. So we are definitely seeing that money the capital rotation coming back in which is exactly what we want. And if you look at stable liquidity same thing plus 216 million in one single day last 7 days 1.4 billion last 30 days 4.2 billion. And you could definitely see that curve starting to come back up. Right? So this is what happens when you're coming off of bottom. you have cap rotation coming back in with the stable coins and with the ETF BL buys. So obviously we are still doing very good. Uh couple other things gold and bitcoin the correlation is now starting to come closer together because Bitcoin is starting to rise but still there's a lot of room to grow because gold is near all-time high. Bitcoin is not. But we're starting to see Bitcoin make some traction which is really really good. And in terms of this cycle, there are a lot of signs or patterns that show that we are coming off a bottom just like all the previous times that we came off bottom from those crypto winters. And right now is around that time when we turn around and start heading higher to our next high. Right. a lot of similarities. Even though things don't go exactly the same way every single time, but the patterns tend to rhyme. Even though we are much bigger and there's a lot more money and we have institutions of Wall Street involved, we still have a lot of similarities, especially with this cycle movement right now. Okay. Uh and let's not forget, we do have we do have the midterms coming up. We have the Santa rally coming up. There are a lot of things coming up that can be very, very, very good. Very good indeed. So, all you have to do is stay strong, continue to huddle and DCA, and that is the way to go. And speaking of that, right, so you guys know I've been using a lot of AI, so I've been trying very hard to come up with a trading bot because you hear about Robin Hood and Coinbase and they're like, "Oh, yeah, we allow trading bots, right? It sounds easy and you have all these traders that's always showing you all these technicals and everything, right? But with the smartest AIs and they have backdated and tried a million different algorithms and all these signals that they follow and the patterns and indicators and they put it all together. They all concluded right now that holding is the best. They've compared holding Bitcoin over the last uh since 2020 for the last six years and even going back last three years versus trading with all these different signals and patterns and everything that you could think of. And not one of them outperformed just holding Bitcoin. That's how strong this strategy is. Now, maybe I could figure it out and once I do, I'm going to build it into ass clash. But right now, the smartest AI can't figure out how to make a trading bot that outperforms just holding. So, take a second and think about that. Okay, it is the ultimate strategy. Now, a couple other things. Some of you guys may have heard this. Blockstream's liquid network. Some white hat hacker took out 4,000 Bitcoin. They haven't spent it. They haven't done anything. They signed a couple messages saying that to fix the bugs and they will return the Bitcoin. So, it does seem like it's a white hack hacker or hackers, but right now nothing has been returned and a little concerning, right? I told you guys there will be a lot more hacks that happen. As AI gets smarter and more and more people use it, you're going to find a lot more vulnerabilities from network chains, from bridges, from wallets, from whatever. So, all these companies really need to step up. And if this is really a white hat hacker, good that it's not North Korea or someone else that have found this vulnerability and just took out 4,000 Bitcoin. If it's going to be returned, this is good. And in case you're wondering, if you don't know, you can always go to Ask Clash and ask what is Blockstream or who are they? They're Bitcoin focused company led by Adam Black. He is a very prominent figure in the Bitcoin space. A lot of people think that Adam Black may be Satoshi Nakamoto, although he has come out and said no, this is his company, okay, Liquid Network, which is a side chain designed to enable faster and more private tokenized assets. And they do have their own LBDC. And this is unfortunately the network that got hacked for about 4,000 Bitcoin, but we'll see if the hackers do return things, right? I also saw this Hunter Biden says he is going to come out with his own meme coin called Laptop and he's going to use it to reimburse people who lost money on Trumpcoin. We will see if that is true and we will see if this is going to be big because this is going to come out in a couple days and it could be obviously the famous laptop thing that that amounted to nothing, right? We'll see uh what this does and we know that Hunter Button is no fan of Trump. So, that's the other interesting thing. Besides that, just wanted to give you guys a couple big updates with uh some of the other things happening in in uh the Clash ecosystem. Clash Pix. Okay, a lot of you guys have been using Clash Pics to make predictions, right? We made some big big changes. For example, one of them is USDC. So now, not only can you pred predict for free with PClash, which everyone can claim, and you can do so without even logging in with your wallet, you can just log in with your asscl Clash uh account which is now active. You can claim PC clash but you can also use Clash Soul and USDC. So just makes it a lot easier. And if you have USDC say on ETH and not Soul, you could use our swap on top and do so and just swap it over. So that's one of the major things that we added. Also, if you look, okay, um, inside here, first pick rebate. If you do find event that has no bids, and this could be for soul, for example, in this one, or it could be USDC or Clash. There is no fees on the very first bid. That is something new to incentivize people to come in and make a bid because people are always afraid they may bid and they lose out on fees. that is going to be no longer case for the very first one. Now, other things. Okay, something else that I've added is now if you're locking the position, so say you're predicting on the 4 49ers or the Rams, right? And you change your mind, you think it's going to go the other way, now you can actually sell your own bid at a discount to get out of it and someone else can go in and buy it at a discount. So, this is a win-win for buyers or bargain hunters that are looking for some of this, right? To get in on bids. So, for example, if I do sell this 100 Clash bid at 20% discount, so I would get 80 clash back if someone else buys it, but someone else is buying a 100 Clash bid for 80 clash, right? So, you could see how that could be very beneficial. And that is something else that I've added in there for you guys that are big fans. And AI prediction, if you haven't used it, is absolutely fantastic. This is what it looks like. It gives you a very nice prediction with the odds, the Vegas odds calculated with the 500 game simulated outcome calculated and all the breakdowns with injuries, rest, travel, matchups, and everything. that is also part of your Ask Clash subscription that's built into Clash Pix. And lastly, if you don't care about that and you care about other things like games, all right, I'm always building. I have just released season 2 of Anger Crypto. The entire game has been redone. Looks much better and a lot more fun and challenging. and just released Clash Cart as well, which is a multiplayer game and solo game that is playable on your browser. So, for those of you guys that want some fun and Front Line improved, we will have another tournament this Friday and uh this has been improved greatly. So, a lot more things in the Clash project that you can learn about as well. All right, guys, that is pretty much it. A lot of big development of course within Clash, but also with Bitcoin. The best strategy right now is Hodal and DCA. And we'll see what the rest of this week brings. All right, have a good one, guys. Take care. Bye-bye.