It seems like we are always looking for narratives to explain price action (or lack thereof). I'm guilty of this too and I'm trying to quit. But what else is there to do? Maybe the HODLers are right, just stack and relax. But even they must take profits to live well, which is the whole point....
Exactly!! Hopefully KAS doesn't go that way one day. The fact the team behind it actively aimed to design a trilemma solver hopefully means it won't. It's why I took some BTC last year and put it in KAS. As a sort of hedge. KAS already shown some independence.
Hi James, this is a bit of an unrelated question. I hear a lot of talk that into the future the main constraint for thr AI play is energy and we see this already playing out with the HPC play in the miners, but are you aware of or looking into any energy companies that might benefit from this as well?
We could, but as long as Bitcoin chops around, and Tourists have left the building, there is not enough liquidity around to hold up alts. On top of that Bitcoins dominance is going up, so alts are going to keep bleeding out. I would assume most people that watch your channel are in alts, not Bitcoin. So expect Max Pain, in alts.
My view is alot of BTC holders moved profits to Alts way too early and should have kept with BTC until at least September. When BTC dips they are basically losing more profits than if they had stuck with BTC. When Alts bottom around Oct I'll buy some then.
Thx for more great content and analysis, James. Why wouldn’t the current price action be regarded as simply a (bullish) consolidation pattern? As you said, there’s an onslaught of outflows by short term players, yet BTC is still holding relatively steady at 65k.
Great stuff. The DXY moves with demand for $$ so for example when rates rise demand for $'s rises to buy higher yielding treasuries in USD. When the FED turns dovish and rates drop the DXY goes down due to less demand for $$ to buy lower yielding treasuries. One could guess if there's less demand for $$, those dollars are going somewhere else, stocks, BTC etc driving up Bitcoin and you get a neg correlation. Just my guess !!??
I have been saying this since months ago, upkeep going on about etf and the halving, I keep saying funds look ahead and buy ahead and now demand not as strong they dumb, but you choose to ignore any negatives and not have a balance view. Good luck
Hey, I subcribe and watch a lot, thank you! Question: You've mentioned that besides crypto you use options. I wonder about the idea of options on BITX this is a leveraged front of the month futures ETF for bTC which currently also pays 25% annual dividend (monthly) ... Seems to me I can get 4-6 X the movement of BTC using options on this asset... thoughts? Maybe a good way for new folks to get capital increase with which to buy BTC, since in upswing it will outperform BTC by definition and then adding the options benefit to make money go further it's even better than just buying shares... thoughts? thanks!
Hi James, I'm sure the shorts we saw were in preparation for the ETH ETF. People are selling BTC and other alts to get ready for that. ETH has rebounded well, too.
Can you please check your mike? I always have to use an external speakers just to hear you talk and my volume is at a max. However, my speaker suddenly screams on commercials (ads).
Apologies, please don’t take this the wrong way, as I do very much respect your work, and am one of your Patrion supporters, but I cannot figure out why you keep referring $64-$63,000 as I’m sure technical analysts would agree that at best the floor, is between $63,000 and $62,000, and at worst could be as low as $45,000. By the look of the double top, created over the last few weeks, and the loss of support at $64,000, it is looking increasingly likely that we are in for a pullback. If $60,000 is lost, there is some support at $52,000, which could provide a spring.
Zooming out .... looks like Bitcoin multi-cycle priceline trajectory will either roll over ... or find support & go into hyper price mode.... just saying 🤑
The money and Bitcoin simply moving from Greyscale to Fidelity, etc. along with option manipulation make all ETF modeling useless. But still a canary in the coal mine and the hedge funds now see the canary gasping for breath. Bitcoin usually is not affected by halvings for at least 7 months. Its nonsense its 60 days or 90 days after a halving so please do not listen to that. Accumulate for next 6 months as it drops and jumps around and you will be rewarded in 2025
Every RU-vidr was praising blackrock as the new messiah. Have none of you heard of Blackrock and the kind of business dealing they have been involved in for years? If BTC needs etf’s to survive, then it has already failed.
In my opinion, a lot of these ETF holders will be heading back into the miners. The miners are starting to break out. Bitfarm is in play for a takeover.
Most of the "increase" is probably 120% of money and Bitcoin dumping from Grayscale and moved to Fidelity. So it's not 140% increase since 120% is Bitcoin being moved from one place to another. In short, it's like moving $200 from Wells Fargo to Bank of America. You've still got the same amount u started with.
You won't see him I'm the market....big fishes like him don't want the price to move while they accumulate, he talks about it openly....they have bots buying and buying v small amounts for days at a time
I believe Operational Shorting & Delta-Gamma Hedging is happening on a massive scale with regards to BTC, ETH, and SOL. The range-bound movement, interval-based LL/LS wipeouts, and current price compression levels on BTC are the #1 indicator of external manipulation, which requires a deeper look into how this is happening and where it is rooted.
To the blood moon. Bitcoin reaches all time low on stochastic chart. This phenomena happened only four times before in history. Each led to 75% crash. Perhaps, something followers would like to know more about.
I’m an avid follower of James IA but I also follow Bob Loukas who presents with acumen and steady confident context analysis and have to say the combination of these 2 is superb
@@everythingcrypto8206 i really like his content he just needs to keep a lid on it when market pumps and try sort of stay consistent emotionally, instead of shouting for a 10k god candle after btc moves a couple of hundred dollars on stream.
Let's not forget that MSTR will be buying 700M, so that would explain why hedge funds are pulling back on their shorts AND it is just shy of the ETF dumpage.
