Bitcoin to $150,000.

everyone meet kevin here bitcoin to the

moon in fact that's what i was screaming

in my hoa today and i'll show you that

video clip and then we'll get into some

positive catalyst negative catalysts and

some of the other things that are

happening in the world of bitcoin take a

look at this here we go

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told ya bitcoin to the moon all right

buckle up and while we'll talk about

150k bitcoin in just a moment let's get

through some of these positive catalysts

but the list is long so buckle up united

wholesale mortgage company i have

interviewed the ceo on this channel take

a look meet kevin united wholesale

mortgage company became the first

mortgage company to take a crypto

mortgage payment however they have

paused their pilot citing regulatory

concerns for now stay tuned though

network effects of bitcoin and low beta

are obviously traditional reasons we

like bitcoin as well as potentially an

inflation hedge which has led paul tudor

jones the billionaire hedge fund manager

and the person who calls inflation quote

the single biggest threat to financial

markets end quote

to say that he is using bitcoin as a

hedge against inflation when i surveyed

those of you who follow me on twitter at

realme kevin about a 48 of you agree

that bitcoin or cryptocurrencies in

general serve as an inflation hedge as

your primary reason for investing in

cryptocurrencies arc invest in 21 shares

that's a firm 21 shares are partnering

for a bitcoin futures etf themselves

this comes after kathy would herself con

question some of the tax implications of

a bitcoin futures etf remember a bitcoin

futures etf it does not actually hold

bitcoin they hold contracts commodity

related contracts and if you are not

familiar with the consequences of

long-term holding

futures etfs especially regarding

concepts like contango and backwardation

you probably don't want to buy a futures

etf

right now on top of that bitcoin futures

etfs are trading at about a 15 premium

to the actual value of bitcoin that's on

top of the asset management fee which

there is fortunately some competition

coming for asset management fees right

now we've got bito this is the first uh

publicly traded bitcoin futures etf

trading with an expense ratio of 0.95

just under 1

but van x ticker xbtf not yet listed but

expected within the next week has an

expense ratio of just .65

kathy wood does believe that bitcoin

could provide the three big needs for

money as she talked about in an

interview at an investment conference

this week she says that bitcoin can

easily provide a unit of account a store

value and be a medium of exchange

art laffer also says that bitcoin and

this is a reference that kathy wood made

referencing again art laffer and what

he's previously said our laffer says

that bitcoin meets the rules-based

monetary policy that we need

anyway coinbase is planning to launch

its nft marketplace by the end of 2021

to compete with openc and some of the

other nft marketplaces then there's a

bank in switzerland that is licensed by

the swiss financial market supervisory

authority that is actually offering its

clients the opportunity to generate

rewards from their crypto investments

it's pretty bullish the sec also

approved the volt crypto industry and

tech etf and they expect to hold crypto

mining mining equipment or just crypto

holding companies directly in an

exchange-traded fund so that way

companies like microstrategy or maybe

some of the other miners would

potentially all fall under this etf that

would be bullish for those particular

companies then our friend vlad defended

cryptocurrencies amid increased

criticism from regulators around the

world specifically in china but also in

the bank of england which we'll talk

about the bank of england in just a

moment saying that cryptocurrencies have

the right to exist and i want to be

clear that when i say vlad i don't mean

the robin hood vlad i mean vladimir

putin of russia

and the finance minister of russia has

also stated that there are no plans for

a crypto ban in russia

binance is launching a 1 billion binance

smart chain fund to push the adoption of

the binance smart chain

jaguar land rover is now trialing using

blockchain technology to ensure that

they can trace

leather supply chains by creating a

digital twin of leather supply on the

blockchain so they can track the

movement of leather throughout a supply

chain

stripe which previously dumped the

support for cryptocurrency in 2018 is

building a team to create products that

support cryptocurrency we also by the

way this is just the rumor expect that

soon elon musk will be accepting bitcoin

again now that bitcoin is no longer a

mined to a substantial degree in china

total value locked in d5 as of october

14th is now 95 billion dollars and folks

the

volume the seven day volume on nfts is

going nuts

mika verse nfts are taking the lead

there are

8888 mikas inspired by the japanese mika

universes

that traded with a total trading volume

of 84 million dollars

in the last seven days

obviously eights are a particular uh

positive number in the japanese or asian

cultures and the uh goal is to actually

create real world experiences for these

mikas

mutant cats

there are

9999 mutant cats that are mutated thanks

to diseases that they have caught and

you can get yourself one of these nfts

but you'll be competing because

seven day volume is at 21

million both of these beating crypto

punks coming in at just 15 million

dollars of volume within the last seven

days all of these of course digital

representations of artwork

now many folks are seeing cryptocurrency

specifically bitcoin as an escape from

the drama around the crisis of evergrand

china inflation the fed and other fears

around money printing that we have in

america and throughout the modern world

and not even the modern world the

unmodern world as well

and as a result we have a lot of options

that are being traded in a very bullish

direction for bitcoin options traded in

the last 24 hours reflect a big surge in

options and these are usually

institutional since we don't have easy

access to options though some platforms

do offer options

seventy thousand dollar call options for

early november are pretty tough are

particularly popular for bitcoin right

now as well as wait for it

100 000 calls for the end of december

jack dorsey tweeted some crypto

or i should not say crypto jack dorsey

tweeted a cryptic message it was

literally just 705 7742

which is interesting because

shortly after jack tweeted that

block number 705

17742 was minted after that tweet he did

say 117 short thereafter so maybe this

is a price prediction maybe this is

something about that block getting

minted or he's calculating how many

millions of dollars he personally lost

by not investing in pinterest before

paypal got to them or maybe saved

then uh oh geez folks this just this is

ridiculous the cells you know what let's

at this point let's just take a little

breather here cause there's just there's

so many pieces of good news here this is

ridiculous um

like we said bitcoin to the moon crypto

the moon right now but let's just throw

in some negative catalysts here and then

we'll surround it with some more good

the bank of england

say that well members of the bank of

england say that crypto poses a threat

unless it's regulated soon saying that a

massive collapse in crypto asset prices

is plausible and compares to the risks

of the

early.com era

remember how many companies disappeared

in the early.com era and it begs the

question and it's worth asking yourself

this question do you believe that in

your lifetime

you will see a dot-com era style

recession

caused by cryptocurrencies

current bitcoin size by the way is

double that of the subprime debt market

before the 2008 financial crisis

at the same time some of the

inflationary fears are

slowly definitely more persistent than

transitory but slowly starting to

subside such as prices for containers

coming down and a fear that are we

potentially just entering peak media or

have we already hit peak media for

cryptocurrencies at least in a

short-term relative time frame thanks to

these bitcoin futures etfs

a celsius network

back to positive catalyst the celsius

network just reached a three billion

dollar private equity valuation by

raising 400 million dollars in capital

over there you can earn interest by

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trading volumes by the way

through the roof especially on bitcoin

jp morgan base put together this table

here this is as of december 14th before

the latest uh run-up that we've actually

seen here in bitcoin but take a look at

this

bitcoin

on a one-week change having a

substantially larger trading volume than

uh the other coins along with uh

litecoin

but uh ethereum dogecoin uni swap all

down between 10 and 28

in terms of one week trading volume

however if we look at a year-over-year

trading volume it's really bitcoin

that's at about a 23.9 percent trading

volume

aligning with ethereum's 23.6

trading volume dogecoin well obviously

year over year up 1600 not a surprise

light coin up 29 very similar to bitcoin

and ethereum and ethereum classic taking

133 percent of trading volume it's

pretty incredible now what about that

150 000 dollar price target well that

actually came from a survey referenced

by the stack fund where they referenced

the aluna.social group on twitter

running a poll wondering what will

bitcoin's price be in december 2021 and

suggesting that more people think

bitcoin will be above 150 000 per coin

by the end of 2021 then people think it

will be under 60

000. that's despite that the fact that

we just barely broke over 60 000 and

we're barely trying to reach our

supports and stay at supports and so

with that said i want to know from you

what do you think bitcoin is going to be

worth by the end of 2021

are you buying and hodling now are you

waiting for an opportunity to buy the

dip

or are you not convinced yet let me know

what you think in the comments down

below thanks so much for watching and of

course make sure to go to metcalf.com bf

to get your up to 250 dollars in free

crypto from block five

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