IA Crypto & Market Update: BTC ETH AAPL TSLA MSTR and More

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Live IA Crypto & Market Update: BTC ETH AAPL TSLA MSTR and More

0:00 The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.

0:30 Miami Bitcoin Conference
50K attendees
Who’s who of the crypto world
I expect tons of great press and announcements
Suarez pro BTC Mayor
First big post C19 event

2:00 Max Fear = Best Time to Shop
“When the Crypto Fear & Greed Index gets this low, a strong rally often follows.
The index is now as low as was the day after Black Thursday in 2023.” per Max Krugman

2:30 RSI Also Bottomed
BTC 1 Day Chart
200 DMA 41K
RSI Lows – Black Thursday March 2023 and May 2023
Bitcoin’s relative strength index (RSI), a technical indicator that tracks an asset’s momentum, is currently hovering at a level that is often followed by a massive move up in price. “How much more hopium do you need?” RSI drop to extreme oversold levels and recovery of key support of 30. The correlation happened four times in the last two and half years.

3:00 Looks a Lot Like 2013 – S2FX Intact
2013
2021

3:30 Tron Founder says July & August Will Rally!
we will see bull markets in July and August. I still believe the bull market is still there and we will continue to see developments of cryptocurrency.”

4:30 MSTR CFO
“Right now, we’re in a hype cycle.”
VIX does not bother us
“The marketing around bitcoin goes in fits and spurts”
“If bitcoin stays in a hype cycle for five years, that will be good for the price of bitcoin.”
He gets the sense that more publicly traded companies will get into bitcoin as he and MSTR CEO Michael Saylor have discussed the topic with other executives”

5:00 3 Ethereum Catalysts for Summer 2023
EIP 1559 in July
Scant supply on Exchanges – only 13M left (30bn approx)
PostyXBT envisions ETH/USD trading inside an ascending triangle pattern
BTC has one also

6:00 Bitcoin Ascending Triangle

7:00 Digital Yuan Could Run on Ethereum?
Yao Qian – The former head of the digital currency initiative at the People’s Bank of China (PBoC) said central bank digital currencies (CBDCs) are set to become “smart”
Could one day operate on blockchain networks like Ethereum

8:00 In Crypto Privacy News
Some spouses are using cryptocurrency to hide money during divorce settlements
Tracking down hidden digital currency can be a challenge, according to experts
While BTC + ETH are easier to track, new demand for privacy
Monero, Dash, Zcash are among the most anonymous cryptocurrency options

9:00 ARK’s 6 ETF’s are up 10% in 2 Weeks
Cathie swapping out some big names like $AAPL and adding more
$TSLA
$TDOC
$COIN
$PLTR

10:00 Speaking of Apple
I hold Apple, but was going to exit at 140. Huge rumors that Apple getting into BTC from last week’s article and rumors around BTC. Think about this… nearly 50M users (real users)

11:00 Central Banks & Bitcoin? Cathie Thinks so!
Emerging market central banks will seek refuge in Bitcoin and other cryptocurrencies
Economies linked to commodity prices, their currencies will come under pressure
Oh and she bought the BTC dip last week next gen ETF

12:00 Pushing the splits – go Gary!
We are in TTD
Missed NVDA at $550
Go Gary – $TSLA Needs a Jolt!

13:00 More Good News – India Unbanning Crypto

IA Crypto & Market Update: BTC ETH AAPL TSLA MSTR and More

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Kane Dane