BITCOINs Final Shakeout Before the Real Fun Begins! - YouTube

Channel: Chico Crypto

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Hey, yo, what's going on viewers of the tube?
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He just jumped into this episode and you're wondering where you are at in the cube reverse-flow. I'm Tyler
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Welcome to the crypto focused channel upon first inspection. You are a little confused
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But by the end of our episodes you get it just like this, homie
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Oh my clothes so tiny damn son
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Here's Elton Johnny. It's time for Chico crypto
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Well, this kind of sucks bitcoin has been up down and all around pulling out the Bitcoin price chart throughout February the BTC price
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Was lovely in the beginning of the month breaking 10k
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Most people thought that that was going to be left in the dust
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But obviously the wails have used that 10k level to their advantage breaking Bitcoin under it turning everyone bearish then immediately
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Pumping to ten point four K extremely bullish back down bearish back over bullish back down
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Bearish then Sunday
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We almost touched 10k once again bullish
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But now we are oh so bearish just above nine point three K as of shooting this video
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And since that almost 10k top on Sunday liquidations are oh so ripe for the lungs
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But pulling back out the price chart as I'm sure some of you are the technical crowd of key errors
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Bitcoin falling under nine point six K isn't good as it was a significant level for the past two weeks
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providing support a total of five times since February fifth
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So I'm sure this level is being pointed out using all the line tools in the books by the TA expert pros
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But all you need is five minutes looking at a chart on coin market cap to figure this out
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So what is going to happen? Are we going to the high?
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8k levels like most t8 tubers are calling for well personally
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I think we are having the reverse of a dead cat bounce in the crypto industry
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Let me explain so while mainstream news is just figuring this out. We predicted over a month ago
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The coronavirus is going to have a major effect on finance 1.0 including the stock market pan this week
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The onslaught has begun with the stock investing in stones is a great way to make long-term profits
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Yeah, those stocky stocks are going down like Charlie Brown then pulling out the three-month chart of the Dow Jones
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Yikes, the markets have fallen off of a cliff but looking back a month's the dip started when coronavirus first hit the news waves in
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late, January
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But traditional finance had they call a dead cat bounce in early to mid February where the markets look like
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They may recover before starting the next
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Downtrend and things are only going to get worse for finance 1.0 including the stock markets globally. For example our
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Presidente the Trumpster thought the need to tweet this at the beginning of the week on Monday
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The corona virus is very much under control in the USA
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We are in contact with everyone in all relevant countries
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CDC and world health have been working hard and very smart stock market is starting to look very good to me
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He ended it with the stock market
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Reassuring investors who hang on his every tweet that the markets were ok
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Well, what happened after this tweet on Tuesdays and markets crashed even after the president's tweet
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It's a prime example that his power of tweeting that everything is ok. Stopping market crashes has gone out the window
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Which he has obviously been using in his arsenal since taking office
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So as finance 1.0 gets erect. The next wave of Finance is ready to take a chunk of the lost pie
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That is why I think the crash is just a reverse dead cat bounce
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Manipulators, especially over in China Chinese whales keeping the price as low as possible
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while they
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accumulate
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accumulate and accumulate some more because the capital flight from the Chinese corporate debt house of cards is going to be intense and it's going
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to be Swift and the Chinese are weighing their options of where that flight will be into
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Well, of course
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The dollar would be a good option as the coronavirus hasn't become a pandemic
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Within the borders of the US and just looking at the dollar verse you want chart since the outbreak news it is
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Surging but this is the only China now
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It's global my friends and there is no stopping the cases from getting inside the borders of the US
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Yesterday all US senators had a classified meeting where the coronavirus was discussed and they were briefed for what is to come?
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This is what senator Blumenthal tweeted after the secret meeting
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This morning's classified coronavirus briefing should have been made fully open to the American people
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They would be as appalled and astonished as I am by the inadequacies of preparedness and Prevention
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Well buddy boy, this inadequacy is play and the virus is supposed to make its way into the states
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Some people may call me a crazy conspiracy boy, but this is just too freakin weird
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So you guys might have seen the movie Contagion?
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Movie about a viral pandemic which begins near China is a variation of thoughts and comes from a bat in the movie
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Yeah, so similar to the corona virus, right? Well, let's just watch this clip from it now
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Alan today on Twitter you wrote that the truth about this virus is being kept from the world by the CDC by the World Health
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Organization to allow friends of the current administration to benefit from it both financially and physically
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There are therapies we know are effective right now like forsythia and they don't even appear on the CDC website
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Yeah, there's a horrible treatment in the movie called
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Forsythia, which when I first watched the movie, I thought it was just a made-up name
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but
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forsythia is a real plant in real life and guess frickin what they are using this plant in China right now as an
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alternative treatment for
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coronavirus this research by the Chinese Journal of Integrative Medicine titled Kim Chinese medicine used for prevention of
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Coronavirus disease 2019 shows us. Yes
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They are as we can see
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forsythia fructus is one of the ingredients in the list of herbs being trialed as we can see from the
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conclusions of research based on historical records and human evidence of SARS and h1n1
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Influenza prevention Chinese herbal formula could be an alternative approach for prevention of CO vid
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19 in high-risk population
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Prospective rigorous population studies are warranted to confirm the potential preventive effect of Chinese medicine
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Need more will the shanghai institute of materia medica sim in the Wuhan Institute of biology
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Found that Shuang Huang Lian oral liquid could be used to inhibit the 2019 NCO V from the article
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what is this oral liquid made from a blend of honeysuckle Chinese skullcap and
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forsythia and further in the article in
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2003 sim took the lead in confirming that Shuang Hong Li on oral liquid has anti SARS coronavirus
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Effect and in the decade following the SARS outbreak a team from the Institute conducted numerous
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researches and confirmed the TCM efficiency against influenza virus
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h7n9
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h1n1
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H5n1 SARS CoV and the Middle East respiratory syndrome. Coronavirus
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MERS
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reporting obvious
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Antiviral effects now my friends sim is run under the Chinese Academy of Sciences, which is stay owned and run
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so this is no BS and the news in China was broke by the
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Official state-run press agency of the People's Republic of China the Xin hua news
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Agency, and it caused people to panic and rush to pharmacies to get the oral liquid
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Weibo has been covering this like mad and has a video that was posted of the long lines
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Let's just watch side by side. What is going on with the Shuang Huang Lian and a clip from contagion people waiting for forsythia
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Now that just freaks me the freak out I'm not biessing either
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we had a coincidence like this world will never see again or someone in Hollywood is
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Warning us and if things play out like in the movie the states say we'll get infected and a global pandemic
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Will ensue and the governments across the globe will come to a grinding halt
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that is why the CDC just as I was finishing up this script announced that Americans should prepare for a
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Coronavirus crisis in the US and one official said it's not so much a question of if this will happen anymore
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but rather more of a question of exactly when so Chinese capital flight into American dollars American safe havens amore is only
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Temporary the viral spread is going to increase and it's only a matter of time before things
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We have been seeing happening in China quarantines mastis infections and more begin here shutting down our own economy
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Which means those safe havens won't be safe anymore. What is out there? That doesn't rely on a government?
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hmm Bitcoin and cryptocurrency
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Yes, that is exactly why I think we are in the middle of a reverse dead cat bounce
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But there is also another asset that is even safer in a full-on
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Apocalyptic type scenario where Internet services and more go down and that is gold
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That is why in the recent 10k spike
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I cashed out a small percentage of my crypto less than 5% and bought some physical gold Cheers. I'll see you next time