Transcription
You've landed on the Moon Show. Welcome back to another stream, guys. Today, the price of Bitcoin is only 2% away from all-time highs. And yes, we have an incredibly bullish thumbnail and an incredibly bullish title. But I got to be a little bit cautious here. So, everything looks good. However, remember, tomorrow is July 4th. Happy July 4th to all Americans celebrating from beforehand.
But look, things are good, but there are some conditions that Bitcoin has to meet to make sure that we continue heading to the upside. Because if we don't meet these conditions, then unfortunately, the reality is even though we have all these bullish charts and stuff to go over, Bitcoin is hitting multi-resistance. So yes, price action is good. I think there is a real chance that Bitcoin can actually continue to make new all-time highs and continue pumping and make sure that our trades are even more profitable than they are currently. But we need to be careful, and those precautionary things and those probabilities we will go over on today's show.
Of course, the S&P 500 is also making brand new all-time highs. We got the employment data coming up today, and um, you know that also has its pros and cons. So, in summary, today's show is going to be incredibly intuitive. Um, and I would definitely recommend watching until the end of today's show. And guys, we have another massive giveaway, which I will get into in a second. So, make sure to destroy the like button, subscribe to become a moonwalker. Let's queue in the intro and jump straight into Bitcoin.
And first our giveaway guys and girls before we jump into the price action of Bitcoin. Hey guys. Hey Queen. Nice to see you. Queen in the chat. Diego moderating as always. Um, we have Vicrint watching. We have Ztrader watching as well. Nice to see you all in the chat.
Before we jump into the Bitcoin price action, I have to remind you because this is only a limited time offer. Guys, if you click the first link in the description down below, it's going to take you to this page. If you sign up to Weeks using this link in the in the description, which is exactly where we trade our Bitcoin and our crypto positions and where we've been trading for the past couple of months, uh, I have had a very good time trading on Weeks so far. If you use the first link in the description down below and click this big yellow button that says sign up, when you click this button, it will forward you to a signup page where you just have to put your email address or phone number, put a password in, and you create your account. It takes 30 seconds maximum to do it. And as soon as you do this, you will complete your first step to get 100 USDT absolutely for free. Guys and girls, without depositing, without trading, you can get 100 USDT completely for free. You just create your account using this button, and you have to sign up with the first link, otherwise it doesn't work because this is only for the crypto kids and the moon walkers. Then uh, your page will be forwarded back to this screen where you can link your phone number or your email address depending on what you use to sign up. And after you do that, you will be eligible for 100 USDT for free to go ahead and open Bitcoin positions with, which I think is a great time to do because Bitcoin is hopefully, fingers crossed, going to see that breakout. So, use the first link in the description. It takes approximately 48 hours to 72 hours for Weeks to verify that you're not a bot and you're not trying to take advantage of the system. But after 48 to 72 hours, you will have 100 USDT in your account to go ahead and open positions with, and all profits will be yours. They have insane other giveaways too which they're running and you can get up to 500 USDT for free without trading, and we will cover those at a later point in today's stream. So to prepare, make sure to go to the first link in the description. Sign up using that link, get your 100 USDT, and we will cover the rest on today's show.
So guys, if you've done that, let's go ahead and look into the Bitcoin price action and see where we could be heading next in the immediate short term and also the macro uh landscape. So when we go into this chart, obviously Bitcoin did see uh unfortunately, I mean, look, we couldn't close above uh the resistance line on the daily time frame, which you know, I would I would have really loved if Bitcoin could have seen that closure. uh, we weren't able to do it, and that is a little bit of a concerning thing because now most of the work is dependent on today's candle close which I know it looks like a little bit like a shooting story candle at the moment. However, there's still eight more hours for this candle to close. So there is still some optimism and opium left in today's candle. So look, for this bull flag to be validated, we need to get at least one daily candle closing above the upper line of resistance. And unfortunately, yesterday's candle was not able to do that. Okay, so it's all dependent on today's candle. If today's candle is able to close above this upper line of resistance, then ladies and gentlemen, Bitcoin would have officially broken out of this bull flag here on Weeks, and we can expect at least $112,000, which will be the resistance of this inverse head and shoulders that's been forming on the daily time frame. So at least we can hit that resistance that also collides with so that resistance collides with the the much bigger weekly time frame inverse and shoulders that has been forming since 2021 in 2020, and you also collide with this multi-ycle level of resistance that's been forming since the top in 2018. So these I mean the 112.5 level is genuinely an incredible line of resistance. Okay, it's much much more important than this bull flag line. So, if we can do a daily close above the bull flag resistance on the daily time frame, then I think we can definitely go and hit the 112.5 level. But it may be possible that Bitcoin gets a bit of a consolidation or perhaps a rejection from 112.5 because as you can see, this is the weekly time frame. This is the prior all-time high in 2021. There's a huge inverse head and shoulder on top of the daily inverse head and shoulder which I know is a bit hard to see because of all the positions and drawings but look this is the left shoulder, this is the head, and this is the right shoulder. So daily there's a daily inverse head and shoulders, there is a weekly inverse head and shoulders, but there is also a multi-ycle upper line of resistance. So there's so much stuff colliding and converging at 112.5. Thankfully, most of them are bullish. So most of the resistance being formed is from bullish patterns, but regardless it is resistance. Okay.
So if Bitcoin can do a daily close above this bull flag upper line then 112.5 I think, excuse me, is pretty likely. However, if we reach 112.5, then then that's the point of decision. That is the critical point where we say, "Okay, is Bitcoin now going to continue to break up? Are we going to continue hitting brand new all-time highs? Are we going to follow the M2 money supply correlation as we should with the 8040 delay that Bitcoin has been perfectly following since its inception?" I mean, most of Bitcoin's moves to the upside or I mean, Bitcoin's overall price um projection is 90% of the time following the liquidity uh trend. However, since January of 2024 when the ETFs first launched, when you jump into the 84-day delay correlation and you put the M2 money supply with that delay on top of the price of Bitcoin, then you saw this incredible um alignment of of these two indicators showing you exactly where the price should go. So, is Bitcoin going to do this? I think yes. I think this is what will ultimately happen. But I just need to highlight you because we cannot base off, you know, base our entire analysis and our entire trading theory based off of one single correlation. Unfortunately, we can't do that. So, I'm just telling you that us going to 112.5 at the moment looks likely, but if we get a bit of a consolidation, a bit of a rejection, even down to 100K is fine. Um, and we could stay there for some time before moving further to the uh upwards levels just because of how crucial it is.
To summarize my Bitcoin thoughts, all right, I am bullish. I am bullish on Bitcoin. You guys can see that on my screen. We have a bunch of Bitcoin long positions, and I would definitely recommend still going in and at least doing one DCA position into Bitcoin. Of course, this is my personal opinion only. Always do your own research, which this show is a part of, but I would definitely be in Bitcoin right now, not out of Bitcoin right now, just in case we we decide to go through the roof, right? because with Bitcoin and bull markets, that's always the strongest possibility. So, over on Weeks and hopefully you'll be able to get your 100 USDT very soon completely for free without doing any deposits or anything else. And actually, I'll show you very quickly what else you can get if you deposit $2,000 into your spot account and transfer that $2,000 into your futures account and and just leave it for 3 days, you will get 200 + 100 + 80 plus 20 USDT. You'll get $400 USDT for free by just depositing $2,000 into your spot account, then transferring that into your futures account and keeping it there without doing anything for 3 days. That's 400 USDT plus the 100 which you will get from linking your phone number and email address, which you should do to protect your account anyways. That's 500 USDT you will get from a $2,000 deposit. Unbelievable. So, you can take that money and you have to sign up using the first link in the description and first link in the description only. Otherwise, it doesn't work. You can take that 500 USDT and open Bitcoin long positions with however much leverage you want because this is not your money that you're risking. It's the exchange's money. So, you don't have any risk if you use only that money, those futures coupons which you will get right over here. So in 3 days time after you do all of this, so in 72 hours by the end of the July 4th weekend, you will have in your coupon section 500 USDT, which you'll be able to use and open positions right there. It'll be amazing. And you'll also be upgraded to VIP level 2 after 24 hours uh from using that link. And by being VIP level two, you're going to pay 25% less fees than what everybody else pays. And usually to become a VIP level two, you would have to deposit $30,000 and have a 5 million trading volume, which not everybody can do. So guys and girls, use this link. It's only for a limited time only. And you'll get free money to be able to open Bitcoin long positions. And hopefully we get this move to the upside. Even if we see a bit of a consolidation or a bit of a rejection first, eventually Bitcoin will move to the upside, and all the profits you make will be for yourself. So take advantage of this incredible campaign. link is in the description. It's the first link in the description, and you can get VIP level two, 500 USDT for free and up to $30,000 if you are to claim the vouchers from trading. So, if you're an avid trader, you can actually get a discount, a further discount on your trading fees by claiming these coupons when you complete certain trading volume requirements, which we can get into at the very very end of today's video because that's not for most people. Um, I mean, 99% of people will be able to claim all of these bonuses and be able to trade it using the coupons um on um on the derivative section.
Okay, so there's there's one more bit of analysis that I want to do on Bitcoin, but first I need to get another sip of water. Um, so let me just do that right quickly.
So the final point of analysis is looking at the amount of retail. So you guys know that retail is not here yet. And every single time that Bitcoin comes to the end of a consolidation period on the weekly time frame here, right over there, um, we can go back in history over here back in September of 2023. At all of these points, the amount of retail interest in Bitcoin completely plummets. It goes to zero. And I can actually visualize that for you. So, give me a second here. And I'm going to look at the Google Trends, our trusty friend, Google Trends. So if we put in Bitcoin here, Bitcoin, Bitcoin cryptocurrency, and we go to worldwide, past 5 years, all categories. So the first point of consolidation was September of 2023. If you look at September of 2023, July, September, right there, look at that all-time low. And then boom, price goes up. from 25 all the way to 70. Well, first of 47 with the ETFs and the Google trends also explodes. The second point of consolidation which also is the third base in the parabola in the parabola theory right before the breakout October 2024 if you look October 2024 uh let's find that um right there, look at that plummets right even lower than 2023 and 2022 at some points so that's the bottom of retail interest and then boom you skyrockets when Bitcoin hits 100K for the first time. Then the interest dies down, and you can notice a huge divergence between the Bitcoin price because this was so this was peak this was peak retail interest and then the price of Bitcoin has then proceeded to make a new all-time high above the prior all-time high. However, retail interest just kept on dying down. So actually there is a huge divergence, the same sort of divergences that we see on RSI indicators on MACD indicators so on so forth. We see a huge divergence be between the spot price of Bitcoin and the amount of retail interest in Bitcoin, and that's a very good sign. So even though if we get a bit of a rejection at 112, okay, even if we get a small rejection at 112, it's okay because everything else is pointing to higher levels. It can take some time, and that's okay. We can be patient. I'm I'm there's no I've been patient enough, right? There's I don't care if I wait another two months or another month. I don't mind. I can wait. It's fine. But everything is pointing to at least one more leg to the upside before we end the bull market.
So please guys, try to take advantage of this. What I did today was I bought more Bitcoin. I bought more altcoins. I bought Chainlink because that is the RWA narrative. I bought more Ethereum just before the show. Uh, which is now pumping to we can have a look. So Ethereum is now at 2.58. We're back into officially we're back into the ascending triangle again, and a bit of a shooting star candle on the daily time frame. And remember guys, tomorrow is July 4th. So the Ethereum CME futures and the Bitcoin CME futures will be closed for July 4th. So we don't want any sort of massive CME gap over the weekend, which then if we, you know, if we continue pumping, that'll be bad because that means that next week we'll dump down and close that gap. So we don't we don't want anything like that happening because futures markets are closed tomorrow for July 4th. So that would be terrible. So, let's hope that Bitcoin just stagnates where we are and doesn't go up. I mean, it can go down in the weekend because that'll give us an opportunity to do some long positioning because when you have the CI gap, it's much more likely you're going to go up and close it. But right now what I would do is I would definitely be in Bitcoin just in case we go tremendously to the upside because the upside potential is always missing out on the upside potential is always the biggest risk in bull markets, especially at times like this when you've consolidated for now 7 months, which is the same as the consolidation we saw uh we experienced between March and November of last year and led to a 40% move to the upside. You need to remember that Bitcoin only sees major price action um about I mean you see the largest moves in Bitcoin over a let's say 3 to 4 day period whereas at every other point Bitcoin is consolidating. So this is what I mean and I'm saying this because it links to missing the upside potential. If you're not in Bitcoin and you see that vigorous pump to the upside, you know, and you've not been checking the charts or you've not been watching the moon show for three, four days in a row, you could have, you know, one day you wake up and Bitcoin just went from $110,000 all the way to $140,000 and you missed the entirety of the move. That's the thing in bull markets. The upside potential risk is much higher than the downside potential risk. So look, you can see that you can go to the daily time frame and uh we can go all the way back to the bottom of the bare market. So Bitcoin consolidates, right, for for a very long time. We consolidate for basically two months at the $15,000 uh territory. And then we see the pump all the way to we see the pump from 16 up to $20,000. And the majority of this pump is happening between these three candles. Look, one, two, three. Those three candles is what takes you from 17 all the way up to 20 or 21. Right? So after 60 days of consolidation, three candles is what gives you the move that you want to see to be able to profit from Bitcoin. Then you see another consolidation for 56 days. So basically about two months again. And this large move this time is only happening over a 6-day period. So you consolidate for another two months, but if you're not in the market for less than a week, then you would have missed again all the potential gains back to the upside. And then it gets worse. Bitcoin this time around consolidates from March of 2023 all the way until October of 2023. And look at that. The majority of the move to the upside happens only in a 7-day to 6-day period. So the 23% move to the upside after what you know 6 months of consolidation only six days is what produces the gains that you're looking for right and then technically you're consolidating in an ascending channel uh then you see this move uh in January to February of 2024 this move again takes about a week so 20% move to the upside a week and you can clearly see the trend here those 20% moves. So, Bitcoin usually consolidates for two months to sometimes even 7 months and then in the end of that consolidation, you see a 20% move to the upside only in a 7 to 6-day period, right? And if you miss out if you miss out on that week, if you're sick on that week or if you're on vacation that week, then you miss out on the entire move which you've waited for for the previous two months. So, it's better to be in Bitcoin, especially using free money, which you get from signing up two weeks using the first link in the description below, up to 500 USDT for free without without even trading. You just deposit $2,000 to the exchange, wait 3 days, keep it in your futures account, and then you go back to this page, which you need to bookmark because after 3 days, you can set an alarm on your phone. um, come back to this page which is the first link in the description and you click claim claim claim claim claim and then you can use that money to open positions. Simple as that. It's better to be in Bitcoin than to be not in Bitcoin. That's the point I'm trying to make. Um so yeah, I mean you get the point already but you know again you consolidate you pump to 70k and then you you know you consolidate for seven months and then um October uh November of 2024 after 7 to 8 months of consolidation the the largest move to the upside happens only over again guess what a six-day time frame right you see the trend it's it's always six days you consolidate for seven months and then the largest move to the upside happens after six days and and you know whenever whenever we decide to see that, you know, final breakout, even if we see a bit of a correction here, which is fine. It's only going to take 6 days for Bitcoin to make its move uh up, I would say, um 20%, right? It's always 20%. So 20% takes us to 130, which is our price prediction given the M2 money supply. Simple as that, right? So the consolidation can end this week, it can end next week, it can end the week after. Doesn't matter unless your liquidation is below for
Your long positions. And this is important. If your liquidations are below 97, I think you're fine. You just need to wait. And um whenever the breakout decides to begin, whether it's tonight or next week or the week after, the move is going to happen. It's probably going to be a 20% move to the upside, which will take you to the M2 money supplies target by the way, for July and August of 130. So if you do that, you can see 130 is the target, um at least by September, and um you know that will happen probably over a very little time period.
So, let's calculate. Let's calculate. If you were to open a position right now, let's say you went two weeks and you did a market order. Um, you calculated the leverage so that your liquidation is below $97,000. At this point, you're still DCAing. You want to do your, you know, big major move into your positions as soon as you confirm those breakouts from the resistances that we spoke about. But right now, you just want to DCA. You want to be in the market rather than being out of the market. Let's presume that you open your position now. Okay? You did a market order over on weeks and you adjusted your leverage and boom, you know, let's say we put 20% as a DCA from our trading account. We clicked open long and we pressed confirm, right? What's going to happen? And we can do that just for—I mean, I don't want to do it just now because we're already—I don't think we can because we have already so many positions open. It's giving me a warning. If you have too many isolated, separated positions open like me, you can't do more. So, I'm probably going to have to change this so that I have to combine all my positions later on. But anyways, I can do that off camera.
Uh, let's say you opened your position here, okay? And your stop loss is below 97 and we go to $130,000. That's going to give you almost a risk-to-reward ratio of two. But see, the stop loss or the liquidation is going to be below this line just in case of that final drop. So, this is only a DCA position. When you—if you drop, then you have to DCA more in here. And we spoke about those and opening limit orders just in case at 10400, 105865, 10355, just in case of a drop, 99.9. Right, having those limit orders is good, which you can do. So over on weeks limits you click the price that you want to put in. So 103 um 555 again, another 20% DCA open long and you will put your long limits long to buy it and with a 10x leverage, perfect $93,000 liquidation, like 10x works perfectly. So just in case of a potential drop, which can happen guys, right, it can happen, you want to have your liquidation below 97, but then as soon as you see the confirmation that you're breaking out from this upper line of resistance and then you're breaking out from the inverse and shoulder so on so forth, then you move your stop loss quickly to 105 and then your trade suddenly becomes—your risk-to-reward becomes 125, which is an incredible risk-to-reward ratio where if you do use 10x leverage on average, then you're going to be making 200%, which will be 3x the money that you put into Bitcoin.
So let's say you only opened positions that you got the free money with. So let's say you use the first link in the description, you deposited $2,000 to weeks. You claimed your 500 USDT and after 3 days you decided to open a Bitcoin position with 10x leverage. That's going to be a $5,000 position which you'll be able to open for free without losing any money in the sense of having to trade and then losing money. No, you just deposit 2K to the exchange and wait 3 days. You can open a $5,000 position with 10x leverage. Let's say you did that. And um and that's not your money. That's the exchange's money. If you do 20% on $5,000, that's $1,000. So, you're going to be—you're going to be doubling your money essentially. Um, yes. Did I do the math correctly? Uh, let's not embarrass ourselves. Let's make sure that's correct. So 10x leverage that's going to be 200%. Um and yes, uh $5,000, 20% of $5,000 is $1,000. Yeah. So you'll be making $1,000 of profit, which is not bad, right? And that's that $1,000 which you will make with money that Weeks gives you. It's not your own money. You'll be able to withdraw and do whatever you want with it.
So yeah, that's that's that's how I would be positioning myself for Bitcoin at the moment. Uh, if you're a little bit confused, then stop this live stream, go back and watch the past 10 minutes or the first 25 minutes again so that you can understand how to position yourself in the best way. Um, but even if it takes a few more weeks for us to consolidate and um you know, we will eventually break to the upside. Um, is the weeks link not going? Um, it will go in 30 days time. So, unfortunately, uh, so I'm already logged in. So, because I've already—I'm already logged in, for me it doesn't work. But if you click this link, it's going to work if you don't have an account already. And this bonus is going to be finishing in 30 days time, less than 30 days time. So, you don't have too much time to do it. So, do it as soon as possible. Remember, it takes 3 days for you to get your funds. So, the sooner you do it, the better it is.
Guys, by the way, Bitcoin did hit an all-time high in my home country, which is Turkey. So, that's great. Fantastic stuff. We love to see Bitcoin hitting brand new all-time highs. In this case, it's hitting brand new all-time highs because the value of the dollar is dropping. I mean, we did a full stream on uh the dollar. Um, we did a full stream on the dollar and Elon Musk yesterday. So, monetary debasement so forth. So, monetary debasement is going to continue. Dollar is dropping, or in fact, it's getting a little bit of an increase because of the employment data which we will cover. But um because the dollar is ever so slightly gaining strength whilst the Turkish lira is just exponentially losing its value. Unfortunately, the price of Bitcoin is hitting a brand new all-time high in Turkey. But yeah, good for Bitcoin holders, not so good for Turkish people, sadly.
Uh, the price of altcoins are doing great today. So we can see that Bon is up 11%. TIA is up uh 8.6%. Farcoin, greatest investment of all time. That's a joke. That's satire. 8.1% up. To the is up. Link is very—I think Link will do very well. I think it's a great price for Link to buy in right now for a spot to hle position, only up 2.4%. So all coins are still behind. Uh, they're not doing the 20% gains which they should be theoretically doing. So we're still not in altcoin season. When we go to the stock markets, uh Nvidia is up 1.62%, Apple an entire percentage point to the upside. Microsoft up 1.67%. Um Amazon up 1.53%. The stock market looks great and the S&P is continuing to rally. Guys, we said this—like the fact that the S&P has made a brand new all-time high now. Not like just a little bit. No, it's—it's done a pretty good job of making a significant new all-time high. The fact that we've created this higher high is just so great for Bitcoin because even if we see a drop in the S&P, and remember the correlation between the S&P and Bitcoin is incredibly strong. Even if the S&P does drop and that causes Bitcoin to drop, it's not a big deal. It's—it's really—it's really not going to be a big deal because um overall the trend is still bullish. I was just concerned that if we were to drop here and then we created a lower low. So that would have been something like this, then yeah, that wouldn't have been good for Bitcoin. But now that we've created a higher high, the trend is still bullish. So even if you do see a drop here that would—that will be a lower high. So you would continue the trend to the upside. So you know that's—that's good. Um, so that's a very good sign for at least the macro—macro time frame for Bitcoin.
Then you look into today specifically, July the 3rd. It's actually the second best day in the year historically speaking for the markets, and that's great news. We also know that July is historically one of the best months for Bitcoin. So that combination is a pretty good combination. We also got the July reports for employment. Um, and we got 147,000 new jobs added in June of 2025. Now this is good and bad, and we'll get into that—why—just now. So it's good. Let's cover the good first because for the first time I think since Biden became president, we added 147,000 jobs, but 90%—90% of them are full-time employments and not part-time employment. So what was happening in the Biden administration? I don't—I don't know what was happening before Biden, but during the Biden administration, whenever you had jobs increasing, it was part-time jobs representing 85% to 90% of the job increases. And only 10% of those part-time—of those—of the total jobs added was full-time. And there was a scheme going on which um you know, even if basically if somebody has two part-time jobs or more, the data is counted twice. Right. So, it was just a—it was just a very weird thing that was going on. And yes, jobs were increasing, but the labor market growth wasn't represented in full-time employment, which is the most important uh type of employment growing. No, it was mostly by part-time. And on top of this, the people that were getting the jobs were uh foreign-born um and they were not native-born. And um in an economical perspective for uh the American economy, that you want to see a more dominant native-born employment increase compared to a foreign-born increase. So but now you can see the tables have completely flipped and um actually for the first time I think since the Biden—Biden administration, employment is looking very good.
But why is this bad? Well, it is bad. Excuse me. It's bad because uh well, if employment is good, if the uh labor market is doing fine, then there is—it's just adding to the fact that the Fed doesn't have to cut rates. So, if the economy is doing perfectly fine with the rates that they have and all the market conditions that are—that are being implemented, then why should the Fed cut? That's the thing. So yes, it is good for the American economy, but uh it's just uh the fact that everything is fine at 4.25 basis points is just adding to the reason on why the Fed is unlikely to cut their rates. And actually the probabilities of a July cut yesterday was 25%. Today it has plummeted to 4.7%. So it's become super—super unlikely that the Fed is actually going to end up cutting rates um at the end of this month, unfortunately speaking. And uh that's why I'm a bit—I'm a little bit concerned for Bitcoin in the short term because usually when you get this good data, you pump in the—you—you see a pump in the short term, but then a couple of hours after the release of the data, you tend to see a bit of a drawdown. Um, so I would just be on the careful side.
When we go to assets by market cap, uh, Nvidia is now only 100 billion dollars away from becoming the first company to pass $4 trillion of market cap. Unbelievable. And this is a chart that we've not looked at in a while. I think the last time I looked at this chart, Bitcoin was at sixth place, but at least we're over silver by now two points. So, there's Google in between us and silver, which is good stuff, and we're very close to Amazon, but the gap is widening between the number one stock and Bitcoin. So, we need to increase our market cap by 1.7 trillion to be on the same level as Nvidia. And the gold market cap is also increasing. It's increased by 10% since the last time I checked. So, Bitcoin has some catching up to do, but it will happen fast. Um, I think in the next cycle, we will be over gold. So, that's exciting stuff. The fear and greed index for crypto is right now at 73, representing greed. It's okay. Uh, this only becomes concerning when you're at 90 and you're over 90 for a couple of days consistently. So, 73 is fine. The Bitcoin ETFs are representing inflows yesterday. So, 407, but the day before broke the 15-day—uh trading day consecutive—uh streak of having uh inflows unfortunately, but today made up the totality and we gave a surplus on the compared to the amount of outflows that was produced uh two days ago.
And finally speaking, before we go into uh Carl's vlog that he's be—he's going to be publishing and we're going to be looking into—actually—we—I mean we will go into this, but there's a few more stuff I want to get into beforehand. So this will happen at the very end of the stream. So stay tuned for that because Carl did a massive Q&A for I think 20 minutes time where he answered all of the questions that the community has had for him. We will get into that, but we do have some more stuff to cover. So today we will likely see the votes of the big beautiful bill in Congress. They wanted to get this done before the Fourth of July weekend. Let's see if they can come to an agreement today. It's not going to be as easy as the Senate, and you already saw that the Senate was a split vote and the vice president had to be the deciding vote to say that this bill can get passed. Um, so Congress will be even more tougher than the Senate to get this bill passed. Let's see what ends up happening. Um, is it good for the country? Look, there are clauses which are good. You know, it's not like a very—very bad thing. Uh, it's not like—it's not a terrible thing. There are clauses within the big beautiful bill that we need to give praise to because it is good. But there are some other clauses like the Trump account giving $1,000 to every newborn American baby. Like those things will increase your national debt to—like that—that is going to happen. And Trump's argument is the positives of that bill is going to enable the country to grow economically and um and it's going to compensate for the losses that the bad clauses give in the bill. Uh, and—and to be honest with you, like it's impossible to tell. Um, we have to live and see. So uh if it gets passed, it's good for Bitcoin. If it doesn't get—get passed, it's again—Bitcoin is not going to be too bothered because you have the 7.6 trillion dollars worth of refinancing that America has to do this—this year, and um that will increase liquidity and that will therefore increase Bitcoin. So, not too concerned, but just FYI, this bill will likely be voted uh tonight.
And uh there is some more things I want to go through before jumping into Carl's Q&A. So, give me a second here, guys. I really want to see it also myself. But, we got some breaking news from Senator Cynthia—Cynthia Lumis. I need to do a quick water break again. I think I'm going to buy one of those like, you know, the hats where you—it's like an American thing. You wear the hats and then it has the water—uh coming with a straw into your mouth and then you can just drink the water as you're watching your uh sports match or your NASCAR or whatever the Daytona. Um, I think I need to buy one of those caps where I have my juice or my water on the sides of the hat and then the straw comes into your mouth and I can just drink water as I speak. Let me know any Americans in the chat um if I can buy that and where I could potentially buy that from. So Senator Cynthia Lumis introduced a new bill, another bill where she wants to eliminate tax on Bitcoin and crypto transactions. Now I think that is something that should happen because Bitcoin is—I mean most—I mean crypto transactions are no different to everyday transactions that you do with your dollar, and do you get taxed for your daily transactions? No. I mean, apart from VAT and stuff, like when you buy things, but if you were to give $100 to your friend, there's nobody taxing the $100 that you give to your friend. And I think that should be the same thing for—Yeah. The beer hat. Yeah. Yeah. Instead of beer, it's going to be water, obviously. Um, but yeah, why should you be taxed on your crypto transactions? It doesn't make sense. And I think this is a bill that can have a higher likelihood and a faster chance of—of going through the Senate and Congress, um unlike the Bitcoin reserve bill which is a bit more of a complicated thing. So, that's a good bill and hopefully gets passed.
I am bullish on Ethereum. So, I told you that I bought um $2,000, no $500 of Ethereum. Again, I mean, I'm buying consistently. I know $500 seems small, but I already have a massive stack of Ethereum. I just bought like, you know, just as a DCA in for today, $500 more of Ethereum. And I'm bullish on Ethereum overall because when you look at the—I mean, we're bullish on stable coins. We know that stable coins are going to be huge. Uh, it's like the NFT/me-coin meta of—of—of—of the cycle that we're in. I mean, the point of the cycle we're in currently. So you can see that the total amount of stable coin supply on Ethereum has hit an all-time high of 135 billion. And um I just think more and more stable coins and more and more institutional capital will—will—will create their own sort of coins and their own blockchains, but it will be layer 2 and not layer ones. And they will likely use Ethereum. They will likely use Chainlink. Arbitum is being used by Robin Hood. So, I'm—I'm investing in the layer ones and um and I think they're a great price at the moment. So, I think Ethereum, Chainlink, these are all very good buys for the long term. And if you're looking for a place to be buying crypto in the long term and doing daily buys with fiat, then I would definitely consider using this link for buy bits because you can do fiat on-ramp and off-ramp and you can even use the buy card to spend your crypto on a daily basis, which I do also. So, this link will give you a 10% training discount and up to a $30,000 deposit bonus. Uh, which is, I mean, mostly claimable for large whales, whereas the week's bonus can be claimed by anybody and everyone where you literally use that link and you create an account. It takes less than even 30 seconds. You link your phone number. So, you—you basically click sign up and you put your email address. Uh, you create a password. There's going to be a confirmation code in your email that you have to put in to verify that that's your email. And then you do the same thing with your phone number. You put your phone number down, you get an SMS, you write the code, and boom, that's it. Like that's all you have to do. That entire process will take you like a minute or two. And I think 1 minute to 2 minutes of your life is worth getting 100 USDT in to three—in two to three days. Like it's just super—super easy to do. So use the first link. Everybody can do this. Everybody can get it. Um, so use the first link and make sure that you claim your bonus. Of course, you shouldn't have been signed up to weeks beforehand. So, if you're already signed up, then unfortunately this bonus is not going to work for you. Um, but if you're not signed up, use this link and claim your bonus. It's super—super important that you do that.
Um, what else? So, bullish on Ethereum, bullish on Link, bullish on all coins that are similar. There's going to be a White House—sorry, not a White House, but the Senate Banking Committee will hold a crypto market structure hearing on July 9th that's going to separate the cryptos into commodity, security, and meme. Uh, that will take place on July the 9th. So that's going to be an important day. Uh, public gold miner Hammock Limited announces it will buy Bitcoin for their treasury. There isn't much Bitcoin treasury news today. Usually we get like six different companies buying Bitcoin, but today there isn't any. Solana looks amazing on the weekly. You have a huge cup and handle. um huge—huge bullish target. Not $3,400 cuz that's the log scale, but um
$500 is definitely achievable for Salana in this cycle.
And finally, the IMF has unfortunately rejected Pakistan's plan to mine Bitcoin. And it sucks because so many countries are indebted to the IMF, and because they have a lot of debt to the IMF, they can't really make decisions on their own.
But with that said, guys, let's tune in to Carl's Q&A for 30 seconds, and then I'll end the stream, and you'll be automatically redirected to Carl's vlog where you can continue watching it yourself. So, let's unmute the stream and listen to what Carl has to say.
Open. Well, I have multiple trades open right now, but yes, I do have a multi-million dollar Bitcoin leverage position open right now on Bybit, and I also have a multi-million dollar position open on Weeks and over on Coinflare. So, they're all open. Yes.
How did you study the law of attraction? So, I used YouTube, and I would say also maybe Instagram, Google, but mostly YouTube, watching videos, you know, and I think that's what you're doing here as well. So I think the law of attraction is just an incredible powerful tool. If you do want to learn more about the law of attraction, I very recently uploaded a video about the law of attraction and five tips how you can apply the law of attraction to your life. I will leave a link below, and you can also click the card up there. Very important video to go check out, and that's the best way to study the law of attraction: Watch YouTube videos. So there you go. Go watch that video and follow every step, and then you will change your life, guaranteed. I can guarantee you.
How do you want people to remember you? That's a great question. I would say