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Bitcoin Market CRASH MANIPULATED?! [FULL BREAKDOWN] | Bitcoin Simply · Simply Bitcoin

• 0:00
  Crypto markets experienced their biggest market crash ever on
• 0:03
  Friday, as over $200 million in leveraged liquidations happened
• 0:06
  in just 15 minutes, wiping out over $20 billion in capital in
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  24 hours. And Bitcoin saw its first 20K
• 0:13
  candle falling from 124K to 103K in just a few minutes.
• 0:18
  Well, why did this happen? Well, on the surface, it looks
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  like it was just Trump's tweet about tariffs at 4:50.
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  That happened on Friday afternoon where he said the
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  United States was going to be implementing A1 100% tariff on
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  China starting November 1st. OK, that's pretty fair.
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  We're going to see some volatility and some drawback.
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  We're in the early stages of an economic war.
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  We've talked about that on this channel, but that's not actually
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  what was strange about Friday. This wasn't just normal market
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  behavior. This was an inside job.
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  The crypto crash happened from manipulation.
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  It's confirmed that a mysterious insider opened $20 million of
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  Bitcoin shorts up to one minute before Trump posted that post
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  about tariffs, and this mysterious trader profited 100,
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  $80 million in less than an hour.
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  Someone on the inside knew about this, and we're going to talk
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  about the timeline of events, why this insider trading did us
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  all a favor, and what this means for Bitcoin moving forward.
• 1:11
  Let's get to the bottom of this. This is Dante Coke with Bitcoin.
• 1:14
  Simply, let's go. OK?
• 1:20
  You probably woke up on Saturday morning yawning, breath stank,
• 1:23
  looked at your Bitcoin portfolio and saw it down 10% and wondered
• 1:26
  what the heck happened. Well, let's walk through the
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  timeline. If you were watching the show,
• 1:30
  you already knew that we were in the early stages of an economic
• 1:33
  war with China. In fact, we already talked about
• 1:35
  that on Tuesday's episode. Hence why we created a strategic
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  reserve of $20 billion worth of Argentinian pesos.
• 1:43
  And we're confirming this relationship with Javier Malay
• 1:45
  coming to the White House on Tuesday.
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  Well, it's probably because Argentina has a bunch of rare
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  earth metals and we're trying to shore up our supply chain of
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  these precious commodities and materials on this side of the
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  world and not from China. But let's go back to the event
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  on Friday at 1057, Donald Trump posted a post talking about
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  weird activity coming from China, letters being sent out
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  all over the world about China imposing tariffs on rare earths,
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  and that the United States wasn't just going to sit by and
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  let this happen. And you knew something was
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  brewing under the surface as the broad market in general selling
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  off. We sold off about 1.7 trillion
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  in value in the broad stock market.
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  But given that the market is highly levered in Bitcoin, in
• 2:24
  crypto, while you understand that when you see fireworks like
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  this happening in the regular market, well, you could see a
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  nuclear explosion happening in the broader crypto market.
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  And that's exactly what happened yesterday.
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  A mysterious whale opened up accounts on hyper liquid just 30
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  minutes before the announcement was done from President Trump.
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  They began shorting ETH in Bitcoin in mass and they placed
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  $22 million of shorts. Just one one minute before the
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  announcement was posted at 4:50. Then the positions were
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  liquidated almost immediately and the funds withdrawn to
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  various sources and accounts. This caused A20K candle in
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  Bitcoin which wiped out $400 billion in market value and that
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  was bad for Bitcoin as billions of dollars in capital was
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  destroyed. There were some accounts that
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  lost up to $60 million in almost a minute with most going down
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  100%, meaning they had 100% leverage.
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  Many of the top projects in D5 tokens went down over 90%,
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  reminding the world that there is no second best.
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  You need to just stay humble and stack stats.
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  When days happen like this and you see that these made-up
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  projects, which are supposed to be the backbone of the future of
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  finance can go to zero, you realize that there's a
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  difference between Bitcoin and everything else.
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  And Bitcoiners have already seen these sorts of events.
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  When Bitcoin is supposed to crash or be wiped out or go to
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  0, while Bitcoiners just yawn, stack stats and continue to move
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  forward. We've already seen these sorts
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  of days in the past. We don't sell and we act like
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  nothing has happened. Bitcoin dipped from 106 K to 80
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  KA year ago and these were the words that Michael Saylor said.
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  This is kind of historic entry point because.
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  All of the. Risk has been stripped off the
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  asset. Like you pretty much know Wall
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  Street's going to embrace it, the US government's going to
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  embrace it, and banks and the US going to embrace it, which means
• 4:09
  that all the other banks will embrace it.
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  You already know all those things and yet the market is
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  really skittish based upon concerns about tariffs.
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  You know this the disposition of the US economy, the interest
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  rate forward graph. And so you see the interest
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  rates have pulled in 30-40 fifty basis points and and we're in
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  this in this macro risk off zone.
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  When that flips, I think Bitcoin will RIP forward with a
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  vengeance. Bitcoin is simply unaffected by
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  tariff news because you can't tariff an asset in cyberspace,
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  and that will become more apparent as we move into this
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  economic and geopolitical war. Gold will be tariffed, rare
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  earths will be tariffed. Other important commodities will
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  be tariffed. But Bitcoin cannot be.
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  On some of the other big news from today, a lot has certainly
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  happened on this Friday, but one of those is what's going on in
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  the gold market right now. You have the Trump
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  administration in ruling that gold bars will be subject to
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  tariffs as well, these reciprocal tariffs.
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  So imports of gold will be tariffed.
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  And that's really sending shock waves through the gold
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  ecosystem. Gold and Bitcoin are often
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  compared to one another of their Bitcoin, called digital gold,
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  for example. I wonder if you think this has
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  any ripple effects, positive or negative for Bitcoin?
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  It it does, Bitcoin is digital gold.
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  It's going to accelerate the migration of capital from
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  physical gold to digital gold. You know, Bitcoin lives in
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  cyberspace. No tariffs in cyberspace.
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  The big appeal of Bitcoin is it's not physical.
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  It doesn't have weight. You can settle anywhere with
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  anybody in a few minutes. And so gold has always been too
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  heavy, too slow, you know, and you can't really ship it across
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  an ocean. And if you do, now you're
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  getting tariffs. So I really think it just
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  reminds everybody why the digital version of gold is
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  better than the than actual physical gold.
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  And, and I think it's going to catalyze a new wave of
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  institutional adoption of Bitcoin.
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  All right, crypto is stateless. It's hard to tariff, Michael.
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  Have to leave it there. Really enjoyed speaking with
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  you, though. That is Strategy executive
• 6:21
  chairman Michael Saylor. And when Bitcoin crashes, quote
• 6:24
  UN quote indigen marketplaces actually crash, Well, you can be
• 6:28
  sure that when you stack with Leaden that your account is
• 6:31
  safe. As a matter of fact, when all
• 6:32
  the liquidations happened yesterday, not a single loan on
• 6:35
  Leaden was liquidated. And that's why they've been the
• 6:38
  leader in Bitcoin back loan since 2018.
• 6:40
  They're a source and a platform that you can trust.
• 6:42
  They're Bitcoin only and you're letting loans are not being re
• 6:47
  hypothecated or sent out to other places or used as
• 6:50
  leveraged collateral for other places in the market.
• 6:52
  They're just held in coal storage safely and securely away
• 6:55
  from other assets and they have proof of reserves where you can
• 6:57
  actually look at the wallet address where your Bitcoin is.
• 7:00
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• 7:04
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• 7:07
  your let in loan today, knowing that it will be safe when
• 7:10
  markets crash like what happened on Friday.
• 7:12
  One of the ways you can also be sure that your Bitcoin is safe
• 7:14
  is by having it protected in your own custody.
• 7:17
  Well, it's not easy to do that and learn how to do that from
• 7:20
  the very beginning. And so most people when they
• 7:22
  learn some something new or hard or challenging, they get a
• 7:24
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• 7:29
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• 7:32
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• 7:35
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• 7:37
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• 7:42
  how to protect your Bitcoin. The most important thing moving
• 7:44
  forward is that when we enter this sort of market, there's
• 7:47
  going to be a bunch of winners and losers when it comes to AI,
• 7:50
  when it comes to new financial products in the crypto space,
• 7:53
  Bitcoin and otherwise, you're going to see the market have
• 7:56
  some draw downs and you're going to see the real winners emerge.
• 7:58
  I thought that this clip from Goldman Sachs CEO David Solomon
• 8:01
  is a really good indicator of what will happen moving forward.
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  He's talking about Amazon in this clip, but I think he could
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  also be talking about Bitcoin. Bitcoin is going to be the real
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  winner when all of this stuff shakes out, you know?
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  I'm not. I'm not going to bed every night
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  worried about what will happen next.
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  But markets, markets run in cycles and whenever we've
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  historically had a significant acceleration in a new technology
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  that creates a lot of capital formation and therefore lots of
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  interesting new companies around it, you generally see the market
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  run ahead of the potential because they're going to be
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  winners and losers. They're going to be winners and
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  losers. If you go back and you think
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  about the Internet pick on Amazon, you know, Amazon was one
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  of many companies that was prosecuting that kind of
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  opportunity. Many of the companies went away.
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  Amazon became an incredible company.
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  You're going to see a similar phenomenon here.
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  I wouldn't be surprised if in the next 12 to 24 months we see
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  a drawdown with respect to, you know, equity markets, but that
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  shouldn't be surprising given the run we've had.
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  But generally speaking, I think what's super exciting is the
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  technology is expanding, new companies are being formed, and
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  the potential of this technology deployed into the enterprise can
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  be very, very powerful. And so it's an exciting time in
• 9:14
  the market. You know, the market looks
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  forward. And you have this thing with
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  rare earths in China is a big deal.
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  Let's not make any mistake about it.
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  The majority of our defense applications are built upon
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  these rare earths, and China controls the majority of the
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  supply chain with these rare earth metals.
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  Strategically, the US is in a vulnerable position.
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  I bet that we begin tracking alliances with the Venezuelas,
• 9:34
  Brazils, and Argentinas of the world so that we can actually
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  source these rare metals, not from China, but from a friendly
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  ally. And really, this doesn't really
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  impact the long term implications for Bitcoin.
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  It is a asset that you can't tariff.
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  It's an asset that you can't shut off access to because it's
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  in cyberspace. It's sovereign.
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  And it's going to allow companies that understand this
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  and countries that understand this to escape from the rat race
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  of what's going to happen in this next economic and
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  geopolitical war. Are you safe and are you
• 10:01
  protected? Did you buy the dip?
• 10:02
  Did you stack sats? This is Dante Coke with Bitcoin
• 10:05
  simply. And if you haven't already done
• 10:06
  so, subscribe to the channel. And if you haven't already
• 10:09
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• 10:19
  This is Dante Cook with Bitcoin. Simply happy stacking.