Latest / Simply Bitcoin / This Data Says Bitcoin Is About To Explode | Are You Ready? | Bitcoin Simply
Transcript
- 0:00US politician Sherry Biggs just made a huge bet and followed the
- 0:03purchase up to 250K worth of Bitcoin.
- 0:07When people in Congress make bets like these, they know
- 0:09something that we don't. But she's not the only one.
- 0:12What is your current ownership of Bitcoin in terms of like
- 0:15portfolio percentage? I think probably 90 something
- 0:18percent of my net worth is is Bitcoin and how do I deal with
- 0:22it? Don't do anything you said 9090.
- 0:25This was from an interview last week.
- 0:27That's Arthur Hayes, the billionaire who started buying
- 0:30Bitcoin back in 2013. What do they know?
- 0:33The best returns for Bitcoin have been when we.
- 0:35Today we're going to cover the data and charts that are all
- 0:37saying Bitcoin is about to explode.
- 0:39Are you prepared? This is Dante Cook with Bitcoin.
- 0:42Simply, let's go. Why is 90% of billionaire Arthur
- 0:50Hayes's portfolio in Bitcoin right now?
- 0:52Why did politician Sherry Biggs just filed to buy between 100K
- 0:56and 250K worth of Bitcoin? You know when the Nancy Pelosi
- 0:59stock tracker picks you up, things can get spicy.
- 1:02It's probably because she just watched this interview with
- 1:05Jordy Visser on CNBC. Let's check it out.
- 1:08I'll put my neck out on the line here and say the next time I see
- 1:11Bitcoin will be significantly higher.
- 1:13There's two catalysts that are happening.
- 1:14Last week, Bitcoin outperformed software significantly.
- 1:17If go back to when the stock market started to rally, we saw
- 1:21breaking correlations between crude trading higher by $11.00
- 1:25and yet the S&P 500 finished slightly up to unchanged on a
- 1:28Friday and then we came in the next day.
- 1:30Once you kind of break those correlations between things
- 1:32where people think, oh, software is down, that means Bitcoin
- 1:35should go down. Software was down hard last
- 1:37week, but Bitcoin was up. And so I think we broke that
- 1:40correlation. But there's one important thing,
- 1:42and I highlighted this in a paper I wrote this weekend,
- 1:45we're getting into negative real rate territory.
- 1:47So year over year CPI is now at 3.3%.
- 1:50The next time we get a CPI print, you're going to have year
- 1:52over year CPI above where three month bills are.
- 1:56The best returns for Bitcoin have been when we've had
- 1:58negative real yields. And I think we're going to be in
- 2:00a situation with negative real yields for quite some time
- 2:03because I don't think inflation is going to come down sharply.
- 2:05And I think we're going to have a problem with how the Fed is
- 2:07going to deal deal with inflation, with slowing growth
- 2:10and with the affordability issues.
- 2:11So all of these things feed into a very positive backdrop for
- 2:15Bitcoin and you have some positive technical signals with
- 2:18a a weekly MACD crossover. I'm going to go with bitcoins
- 2:21higher the next time I see. This is Bitcoin simply.
- 2:24I love breaking down complex topics for the average person in
- 2:27a way that they can understand. When Jordy Visser says that 100%
- 2:30of bitcoins returns come after negative real yields, what does
- 2:34he mean by negative real yields? The term real yield comes from
- 2:38the difference between what you earn in risk free assets like
- 2:41bonds or what he says 3 month treasury bills and what actual
- 2:45inflation numbers are. So if your money market pays you
- 2:485% and inflation is 2%, well then you have a real yield of
- 2:513%. But what happens if the three
- 2:53month T-bills are 3 1/2% and inflation is running at 4%?
- 2:57Well, you have a .5% negative real yield and this means that
- 3:02every dollar that you have sitting in this money market
- 3:04account is actually losing you money.
- 3:06So advisors or other people will start to allocate your assets
- 3:10for you into riskier assets. Assets like Bitcoin, assets like
- 3:14equities. And This is why Bitcoin returns
- 3:16tend to explode after yields go negative.
- 3:19People are just seeking higher returns.
- 3:21Makes sense. But this doesn't explain
- 3:23bitcoins run from under 70K to 78K last week.
- 3:27Something bigger is happening and it's this.
- 3:29The increasingly fractious world and the creasing changes to the
- 3:34global monetary order have opened up a space for Bitcoin.
- 3:37And if Bitcoin could be both a store of value and a actual?
- 3:42Currency. Then the price targets we've
- 3:44been talking about and a bit wise, we've been talking about,
- 3:46you know, $1.3 million by 2035. I think you have to ratchet that
- 3:51up maybe another $1,000,000 increment because that's a huge
- 3:56addressable market. I think it's directly the reason
- 3:59we've been rallying through this Iran conflict and it makes me
- 4:02very optimistic long term for where Bitcoins headed.
- 4:05I don't necessarily believe with a $2.3 million price target or
- 4:09that Bitcoin is actually becoming a currency, but there's
- 4:12no question that the perception around Bitcoin is changing.
- 4:15When a $10 trillion global bank like Morgan Stanley post a
- 4:18Bitcoin wallet address publicly for everyone to see the 1340
- 4:23Bitcoin that they own worth about $100 million, well then
- 4:26that is a signpost that Wall Street is finally adopting
- 4:29Bitcoin and you need to get on board.
- 4:31And this is huge because these are the brokers having
- 4:33conversations with people like Shohei Otani and listen to this
- 4:36conversation. Hey, Shohei, want some Ethereum?
- 4:40What about overpriced Los Angeles real estate?
- 4:43What about over collateralized AAA bonds?
- 4:47Bitcoin. That's because guys like Shohei
- 4:50Otani are smart. They're thinking about the long
- 4:53term and beyond. Just gut feel.
- 4:55This is what the data is actually saying about Bitcoin.
- 4:58In a recent study done by On Ramp, there have been 7
- 5:01geopolitical crises since 2020. When looking at the 60 day
- 5:04forward returns of the S&P 500, gold and Bitcoin, well, there
- 5:08was a clear winner. The S&P 500 was +6 out of seven
- 5:12times gold, the laggard 5 out of seven times Bitcoin +7 out of
- 5:17seven times. Every crisis exposes
- 5:19counterparty risk and Bitcoin is proving that it's not only
- 5:23better than them in percentage terms of returns, but also in
- 5:26its consistency. Bitcoin is the asset that people
- 5:29turn to in a global crisis. But let's look at some more data
- 5:32this time for my friend Zay Isaiah Douglas from Swan
- 5:35private. Every time Bitcoin has had a
- 5:36major draw down below it's 100 day simple moving average and
- 5:40then it's reclaimed it it's been higher 90 three days later, not
- 5:448 out of nine times every single time since 2015, a perfect track
- 5:49record here's what Isaiah says in his analysis.
- 5:51The 90 day medium return after it claimed it's 100 day simple
- 5:55moving average is 47%. The 180 day median is 89%.
- 6:00But despite what the data says, Bitcoin still has risks I.
- 6:03Don't want to talk about quantum, I talk.
- 6:05I want to talk about the liquidity side, the draw down
- 6:07side, clarity act, whatever you think is kind of you know what,
- 6:12what is kind of if anything holding the market back or
- 6:16potentially something that you're worried about going.
- 6:18Forward, yeah. The interesting thing LG is
- 6:21that. Before we dive into this
- 6:22conversation between LG and James Lavish on Milk Rd. let me
- 6:26tell you about a few companies that I personally use and
- 6:28recommend to people in Bitcoin. The first one is Leaden because
- 6:31they allow you to keep their best asset.
- 6:33It's going up forever, Laura. And with that you don't want to
- 6:36sell it for Fiat dollars which are going down in value versus
- 6:39scarce assets. Letting allows people to borrow
- 6:42against their Bitcoin in an institutional grade way.
- 6:45Borrow up to 50% loan to value against your Bitcoin.
- 6:47Meaning if you have $1000 Bitcoin stack that you post as
- 6:50collateral, you can get $500 worth of Fiat in less than six
- 6:54hours in your account. It's not re hypothecated.
- 6:57They only work with Bitcoin and the loans are between 9.9 and
- 7:0011.49% which is about half of what you could get with a credit
- 7:04card. Repay it anytime with no credit
- 7:06checks. Go to learn dot LED N dot AO
- 7:08slash simply to get started. It's a product that I personally
- 7:11use when I don't want to sell my Bitcoin and I need cash
- 7:14liquidity to buy something else that's also a scarce asset.
- 7:17Another company that I recommend and another tactic I recommend
- 7:21always is getting a coach. Never go about learning new
- 7:24things alone. Coaches from The Bitcoin Way
- 7:26have been trained to help you learn how to keep your Bitcoin
- 7:30stack safe, private, and secure, not only for you, but for you
- 7:34and your family members. A member of their team will get
- 7:36on the phone and talk you through exactly how to set up
- 7:39Bitcoin at your house, set up your keys so that there are
- 7:42multiple locations, and to make sure that your family never
- 7:45loses your Bitcoin stack. Schedule a free meeting with the
- 7:48team at the bitcoinway.com/partner/dante
- 7:51Dash Cook. Tell them I sent.
- 7:54You the interesting thing LG is that, you know, years ago I
- 7:57thought, well, once once institutions get into this,
- 8:02that's it. It's going to be it like you,
- 8:04you're going to be left behind and it's it's off to the races.
- 8:09The funny thing is, and this is this comes to what I think is
- 8:12the big biggest risk to Bitcoin, which is just the delays of
- 8:17people understanding it and and embracing it.
- 8:22And the here's a funny thing is that somehow, once again, Wall
- 8:28Street has figured out a way to get in there before retail.
- 8:31And it there's so much noise around Bitcoin and there's so
- 8:36much negativity around it in the media that by and large, we're
- 8:42in our little bubble over here. But by and large, the vast
- 8:46majority of people do not understand it.
- 8:48They don't trust it and they think that it's a, it's for
- 8:51criminals and for money launderers and for, you know,
- 8:57people traffickers. They do not get it.
- 9:00And so, funny enough, I thought, and I've been saying it for
- 9:04years, that you can get in before Wall Street takes over,
- 9:07but Wall Street is taking over. Wall Street is taking over.
- 9:12I mean, just look at Morgan Stanley posting a public Bitcoin
- 9:15address. The biggest risk in Bitcoin is
- 9:18that people still don't understand it.
- 9:19If you watch my last episode, you see a conversation between
- 9:22Jon Stewart and Ben McKenzie where they're talking about
- 9:25Bitcoin is used for illicit activities across the globe.
- 9:29Even though the dollar is used for 30 times more criminal
- 9:31activity across the globe, they talk about it in terms of
- 9:34criminal investigations, fraud, and even Epstein.
- 9:37This is the main narrative and This is why people don't fully
- 9:40understand Bitcoin. But in this episode, I give you
- 9:42a ton of reasons why this is a great time to consider Bitcoin.
- 9:46One of the main narratives that we heard last week was that
- 9:48Bitcoin was created by the CIA. But Professor Jiang highlights
- 9:52the real problem that we're all facing, the problem that they
- 9:55want to distract you from. Remember that America is sitting
- 9:58on $39 trillion in debt. And so the American economy is a
- 10:02Pontius scheme that relies on foreign nations to continually
- 10:06buy U.S. dollars. So the US economy would not be
- 10:10able to withstand essentially American withdrawal from the
- 10:14Middle East. So the markets are stuck where
- 10:16they are right now, unfortunately.
- 10:18Bingo. We're living in a Ponzi scheme
- 10:21with $39 trillion worth of debt, and that's why we can't pull out
- 10:24of endless wars in the Middle East.
- 10:26We need more people to continue to use the dollar system, which
- 10:30is being weaponized against them more and more frequently.
- 10:33That's the real problem and everyone knows it.
- 10:35How will you protect yourself when yields go negative?
- 10:38Will you trust the data that when Bitcoin reclaims its
- 10:40hundred day simple moving average, it goes up on average
- 10:4342 to 90% over the next 180 days?
- 10:47Will you trust the fact that the data says that when there's
- 10:49geopolitical crises, Bitcoin goes higher?
- 10:52This isn't just YouTube speak. It's the actual data.
- 10:55And you won't find this kind of information anywhere else
- 10:57because we keep it real and we bring you the alpha.
- 11:00We drop alpha like this seven days a week and that's why if
- 11:04you haven't already subscribed to the channel, you should do so
- 11:07and if you haven't already started buying Bitcoin in a way
- 11:10that maximizes your tax obligation well, you should
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- 11:35This is Dante Cook with Bitcoin. Simply happy stacking.