The Next Bull Run Is..

To those saying you’re a Bitcoin maximalist. HEY. That’s very mean. Ethereum was worth $247,000. Don’t look at the market caps. They are completely wrong, and I accidentally made their 24hr volume in the trillions. Lol. Ripple’s still at $0.45. Oh well.
Bitcoin has held and not corrected since jumping to $7400 off the back of many liquidated short orders. And quite possibly over the appointment of a crypto friendly CEO at a little well known investment giant, you may have heard of them, Goldman Sachs. Technical analysis predicts it’s more just about more likely to go up from here than down short term. There is still heavy resistance at $7600-$7800. Although I am not financially advising you.
https://www.coindesk.com/8k-in-reach-4-barriers-await-emboldened-bitcoin-bulls/
The Bitcoin ETF if approved, could realistically cause some major pumps in the price of Bitcoin. BECAUSE, a custodian must physically buy Bitcoins if they are offering an ETF. In the last month alone over $2 billion dollars has flowed into the Gold ETF. 2 billion may not sound like much when compared to these crypto market caps, but remember that they are false and reality is closer to x50 times less. $2 billion in a month could easily cause a significant pump.
When we are going to have the ETF approved is still a matter of speculation. It’s meant to start August 16th, but they might kick it down the road, and the decision could even go into 2019 before becoming official. I’m keeping the long-term vision in mind. And so, should you. Year on year Bitcoin has been amazing, with the exception of just 1 or 2 years in it’s entire history. But short term, if we are looking to time the next bull run with the inception of Bitcoins first ETF it would be September at the very earliest, but February 2019 potentially being a safer bet. With a further decline before it possibly.
Nothing wrong with being fixated on it’s price activity. Higher Bitcoin price = more mass adoption., which I discussed in my “Is Bitcoin a Pyramid Scheme” video, which I’ll link below.
Is anyone going to the KSI vs Logan Paul fight? I’m going with some friends, Block H row C if you’re going. I know the whole thing is so stupid, but I’m still quite excited. Obviously want KSI to win.
Alright see you again soon. Thanks for watching my crazy ideas. I wasn’t too sure how that music vid was going to turn out but I ended up really liking it. Anyway. Peace out peeps.