Transcription
So these are the exact moments that either you make a lot of money as an investor or you lose a lot of money as an investor. A lot of people are freaking out about what is going on with Bitcoin right now. In today's video, I wanted to remove all emotion out of the equation, have a conversation, let you know what we're doing, what our high capital investors are doing, and what other investors we're talking investors that invest millions of dollars like myself into the crypto space. I'll let you know exactly what I'm looking at, exactly what I'm doing, and give you practical tools and information so you can do this for yourself.
First thing I want to say is I look at the 200 week. We're going to look at the NUPL, and we're going to look at the RSI. Now, I'm not big on TA over like a a short time frame because again, we can't predict what the markets are going to do. But if you zoom out far enough, you do see trends, you do see patterns. Historically, when Bitcoin hit the 200 week moving average, with this blue line right here. We we have just crossed under the 200 week as of this recording, which is Friday, June 5th. You're probably seeing this video on a Monday or so. Historically, every single time this has happened, I bet big on Bitcoin, and I got paid a lot of money for it. I made a lot of money because of it. If we zoom out, bottom line is the 200 week. We're touching the 200 week, massive buying opportunity. Touching the 200 week, massive buying opportunity. Touching the 200 week, massive buying opportunity.
Then I like layering on the NUPL, which by the way, if in the comments you leave the word cycle or just let me know, "Hey, I want the free tool." I will send this to you. This is a tool we built that tracks the 200 week, the NUPL, and through a fairly simple algorithm, which just removes emotion out of the equation, it's going to let you know, "Hey, are we in accumulation? Are we in a value window? Are we in neutral? Are we in caution? Are we in euphoria?" This has been so freaking accurate. It's basically never missed. And and when investors are panicked and full of emotion and making very interesting decisions based upon again their fear or their greed. If we as investors do the opposite, you're going to come out ahead.
By the way, side note, I did promise I'd let you know what I did this morning. I bought another quarter million dollars of Bitcoin to add to the treasury. Not financial advice, you do what you want to do, but to me there's a massive buying opportunity. Right now we are in the accumulation. NUPL is below 0.25. We are riding the 200 week and if we throw in one more indicator, the RSI, you can see that we are massively oversold. And just quickly looking at support resistance, there was some support at 80K. We're really testing that 60K support. After that, we're really looking at 40K.
Now, I I just want to zoom out for a sec. Am I afraid of Bitcoin going to 40K? The answer is no. I think it's highly unlikely, but the answer is no. I know this is a quarter million dollar plus asset and if I can buy it at a discount, which right now I can, I'm all in. If I can buy it at an even further discount, so I bought a quarter million dollars of it. If I can buy another quarter million dollars of 40K, I'm okay with that. I know that quarter million dollars is going to be worth 1, 1.2, 1.5 based upon my ladder out and my bull run plan. But based upon the 200 week, the NUPL and the RSI, again, I or no one else can predict the markets, but we can use these as tools and again, I'm always looking at 200 week. I'm always looking 4-5 years out. I don't know what will happen next week, next month, but based upon those indicators which I like to look at and when you layer all three of those indicators, you can you can back test this. It's almost never wrong.
I am I am so freaking bullish on Bitcoin. We had a record number of members join us over the last 2 weeks. We have more engagement with fast tracking you guys and I'm just saying all that to say that these are serious investors. They're not just dabbling in the markets. They're serious. There's There's There's more conversation. There's more engagement. There's more capital being deployed. There's more members joining us. There's more clients joining us. Every investor I know right now is extremely excited about the opportunity that this presents and everyone that is not a serious investors or they're operating on emotion, they're terrified and freaking out right now. Now, I'm not saying buy, but but use these indicators, make up your own mind. You have to have confidence and conviction.
With that said, I just want to let you know what we're looking at, what we're excited by. If you do want to this cycle calculator, just let me know in the comments below. Just leave cycles or just let me know you want the tool. I'm going to send it to you. You can use this, save it in your browser, and just use it to just remain calm. And of course, you can just pull up TradingView and throw up all those indicators for yourself, but I think a cool tool and a cool dashboard is really really helpful. So, do let me know if you want that below.
With that said, I'm going to get out of here. Appreciate you being here. If you like this video, like it, subscribe for more no BS, no FOMO content, which has been our goal with this channel since the beginning. And again, if this video or channel has ever served you, like this video, let me know in the comments below what you got out of it. What are you doing right now with Bitcoin? And with that said, we'll see you in the next video. Peace.