BITCOIN - I'VE GOT NEWS FOR YOU (THIS CHANGES THE WORLD FOREVER)
My Financial Friend
Introduction
- Host Sam introduces himself and announces massive breaking news, including a huge hack and a crypto performing well.
- He invites viewers to subscribe and turn on bell notifications for future videos.
Market Update
- Bitcoin is doing well, currently at $954, despite an initial drop after a good jobs report.
- The host believes the market overreacted and is bullish about the economy and crypto.
- He mentions a potential bottom, with Bitcoin rallying harder than the stock market.
Crypto Adoption
- Kenya is preparing legislation to legalize Bitcoin and crypto, following other countries.
- A bill to create a strategic Bitcoin Reserve has been introduced in New Hampshire.
- More states are considering adding Bitcoin to their balance sheets, which could impact the market.
Bitcoin ETFs
- Bitcoin ETFs have seen $36 billion in inflows, compared to $3 billion for gold in its first year.
- Bitwise, a main Bitcoin ETF, has grown from $1 billion to over $12 billion in the past year.
Altcoins
- XRP is moving closer to the top of its range and may break out soon.
- TARS AI, a crypto mentioned in a previous video, has seen a significant investment of $100,000 and has passed 500,000 queries, forming a double bottom.
- The host believes AI cryptos will bounce hard in a bull market.
Market Analysis
- Solana, XRP, and Ethereum are down significantly from their highs.
- Suey is holding up well, only down 3% from its all-time high, and may rally hard if Bitcoin continues to bounce.
Security Alert
- A SuperVerse X account has been compromised, and viewers are warned to be careful and not engage with suspicious activity.
Conclusion
- The host invites viewers to share their thoughts on the next couple of weeks, noting that there are only 10 days left until inauguration day.