Hey everyone welcome back to another video. I hope you all had an incredible weekend today is tuesday may 4th, and we got a lot to cover in this video. So for the past few months we've seen the weekend particularly sundays, where we oftentimes saw a pullback. After a good green week, but this time the market behaved a little different.

The weekend was fairly green and a large majority of cryptocurrencies had its pullbacks just yesterday on monday, a day later. So in this video we're gon na cover some incredibly important topics. For the week, first, we're going to talk about ethereum's price and some incredibly bullish news on why ethereum may even hit five thousand dollars this month. We're also going to be talking about the upcoming ethereum upgrades and why ten thousand dollars by the end of the year is still very, very realistic.

Now, towards the end of the video due to a ton of requests, i will also be talking about dogepoint and whether or not still too late to invest in and what i predict might actually happen to begin. Let's hoppity-hop into the computer, go over the current market prices and then discuss some crypto news that i'm telling you i feel like some of y'all are really gon na like this one. So let's do this! Oh yeah, one last thing before we get started, don't forget to drop a like on this video. That's been helping out my channel.

The views have been absolutely insane you guys our channel is back. We are not dead. I thought this channel was dead for good, but then we got the crypto in the house and it's been right. Yeah, it's been great, so uh the likes have definitely been helping the community behind.

All of this has been incredible. I've been spending so much time doing. Research on all this, so i can break it down easy as possible. So if you enjoy the type of videos that i be putting out in order to help everyday people, just like you drop a like - that's all i ask for and one last thing, if you don't have internet protection surf shark, guys trust me stay protected.

Vpn virtual private network, don't get your identity stolen, like i did earlier this year, stay protected special discount code down below anyways. Now, let's get into the video which that's how they be doing all right. Ladies and gentlemen, we are inside of our computer right now and we got coin market cap. So let's go over today's cryptocurrency prices by market cap.

We are down 3.69 percent over the last day, still above the 2 trillion dollar market cap and a bitcoin's dominance is currently at 46 or a decrease of 1.2 over the day, so with bitcoin's dominance at 46 and continuing to decrease. This is a really good sign. If you are invested into any other all coins, besides a bitcoin at the moment, so in the last 24 hours, bitcoin has gone back down to 53 704. This weekend was pretty solid for this cryptocurrency right here, but uh.

Like usual, it's been a tough one, so we're gon na talk about why it's so important about bitcoin, reaching some newer all-time highs, while we're seeing different all coins increase in the market. So today it looks like overall, it's a pretty red day, which is normally to be expected, although it's great for the market to keep going up, we need to have healthy tracebacks with these type of movements in the market, otherwise we're going to experience another pump and Then something like a flash crash, so we definitely don't want that. We are seeing some pretty solid prices. Although we are in the red today, i'm telling you this is really good news.

It opens up buying opportunities for anyone who hasn't yet onboarded the quote-unquote train with some of these cryptocurrencies, and it also just gives us a higher, healthier foundation in moving forward for the rest of the year. The big winner, in my opinion, we got two. This is going to be dogecoin and this is going to be ethereum. So, as you see on your screen ethereum, although it's down 0.46 percent, it is up for the week 23, which is absolutely crazy.

We're going to talk about why 3 200 is so important for ethereum and why we need to just stay above 3000 in order for this to start skyrocketing. So we'll talk about that in a little bit now dogecoin, oh my goodness, so i will talk more about doge towards the end of the video. If you guys are part of my inner circle or you join my patreon, you know that i joined doge pretty late. So i joined it just last week, but i've already doubled my money so i'll throw a screenshot up right here and you guys can see that as proof there are people right now who are asking the question brian.

Is it too late to enter doge and we're going to talk about this, because this is not an ordinary financial investment that i recommend my audience to take a part of, but i do realize that dogecoin is now officially ranked number four on the crypto market. So although dogecoin may seem like a joke to most people at this point, we just cannot ignore the movement that we're seeing with this. But there are some important lessons that you need to know so that you don't buy in on doge and then it just crashes and then you decide hey like i don't want to get into crypto because i just happen to lose all of my investment on this. So i i think, with doge, it's okay to enter as long as you enter knowingly and willingly that this is not a typical ordinary uh investment within the crypto space, and this is simply just going to be gambling.

Your money, we're also just gon na see. If there's any top movers, i mean dogecoin is still on here: ethereum classic, which is surprising, has been up 81 compared to ethereum. So there's no real rhyme or reason behind ethereum classics. Uh movement going up most people are predicting right now that the reason why ethereum classic is going up is because so many new investors are getting into crypto hearing about ethereum, their friends, their family billy bob joe down the street and then what they do is they Look up ethereum and find ethereum classic and say: oh ethereum is like really cheap.

It's a lot cheaper than i expected and a lot of the newbies end up investing into ethereum classic by accident, either thinking it's ethereum or thinking they're the exact same things which they are not and they decide to invest in this. But here's the thing if someone decides to invest into ethereum classic. For that reason, i feel like as people who have a little bit more knowledge in the space as investors. We can predict movements like this later on in the future, so i'm definitely going to consider ethereum classic as a cryptocurrency on my watch list, which i haven't really done before, so that is something i'm gon na be on the lookout for chain link wow.

This is a little. This is a sleeper right here, as you guys know, i'm a huge fan of chain link. I've included them in about three or four of my videos and they're up. Seventeen percent they're up seventeen percent.

So forty two dollars uh right now approaching its all-time high, which i believe was close to the 45 dollar mark since the last time, so yeah we're getting extremely close to that all-time high. If we have not even uh broken it yet so keep your eye out on this one. Okay, keep your eye on this one cardano! It's been trading sideways for a while, i'm hoping to see a breakout with this polka dot is up four percent for the week, but uh in terms of performance. We're not seeing anything too crazy.

So another crypto that i want to mention right here is v chain. They're down 11 for the week, so, if you watch some of my other cryptocurrency videos, you know v chain is another cryptocurrency that i include alongside chain link and they are performing pretty much the opposite of what chain link is doing. So if you think the market's too high right now and there's no opportunity, you are sadly mistaken because there are a lot of coins available for you to enter, which may present themselves as a good buying opportunity. For me, if i was entering positions this week, v chain would definitely be on the top of my list, so everything else seems to just be correcting we're not seeing huge huge movements other than the classic ethereum classic ethereum dogecoin.

Let's talk now about some of the news that we've been seeing with some of these cryptocurrencies. So, first of all, we got this article here. Doge learns new tricks, as dogecoin price exceeds half a dollar. I only got lucky off.

These trades do not follow my trades or follow any type of my financial advice, but i did time this one pretty well. I have doubled my money since dogecoin at the time of this recording today hit 50 cents, and i actually had my price limit set with dogecoin to trigger automatically at 50 cents. But for whatever reason i decided hey, you know what i'm gon na just roll with this. Until we see what's gon na happen on saturday with snl, which i'll talk about towards the end of the video as well, i ended up canceling my 50 cents order, which i'm really glad i did because right now it has surpassed that.

So this is all a gamble: okay, all the money that i'm making from this. It's okay, if i lose it and it's not gon na make me lose any sleepovers. So this is something that is very interesting, but we do have to mention this, because dogecoin has been absolutely going crazy now. Another thing that we have to mention alongside doge is that robinhood has experienced another set of issues with this crypto, so uh.

I actually saw this trending on twitter this morning, when i logged in that uh something was going on with robinhood. So if you guys go on, my twitter you'll see one of the quoted retweets that i had with it. I don't know what to say about robinhood. At this point, i thought, after they messed up with the amc gme incident, that we wouldn't experience any type of issues like this in the future, because i really don't believe they would want to experience the same type of hate and media coverage that they did.

But it looks like robin hood: is not uh not doing the best, so let me know how you guys feel about robin hood, because i was thinking about using them more often this year i was thinking you know, we put it all under the rug. We continue moving forward, but it looks like that might not be the case. So if you guys have a gripe with robin hood spill, the beans down below. I do read all the comments and i'm really interested in hearing what you guys think also you're going to notice.

We got no more scammers got rid of all the scammers got a little trick for them. Jesus christ - that's jason, bourne, all right guys, so this is pretty important right here. So two hours ago we got a news. Article ethereum price hits 3.5 k record as winklevoss exchange adds a dogecoin, so gemini follows etoro in integrating dogecoin as ethereum underscores all coins a bitcoin, crushing surge.

So this is really interesting. Stuff ethereum hit 3500 on may 4th, which is today as the star of this week's all coin rally battle, doge for returns, supremacy so time and time again, ethereum has been on my watch list and i have said it's gon na perform better than bitcoin. Now, what i did not expect was ethereum to be completely opposite of what bitcoin was doing, which is really good for the market, because it really opens up a couple things. So one is that all coin dominance we're seeing pure projections of what that truly is.

In terms of price of the market with other cryptocurrencies, now it's also great that we don't have to rely on bitcoin's movement in order to find success in markets like this, and it opens up a lot more opportunities for people to stay bullish. Even though we have a bitcoin continuing to go down and struggle to find a good price where it's stable now, although it has been a personal objective of mine to start disposing my bitcoin and putting it into other all coins in preparation for that dominating altcoin season, That a lot of us have been talking about for the past few months, but right now, what we really need is bitcoin to continue coming up as well, because that is the sign of a true healthy market. And we continue to see a giant separation between the two. It may not lead for a very promising bull run for ethereum and we may not be able to hit the highs that we expect for this.

So we really need bitcoin to start performing well too. Even if you have no positions in it, that is what's gon na help fuel this all coin season that we have yet to really really experience. So here's another article that i really need to share with you guys so ethereum bulls control. 100 of this week's 470 million ethereum options expiry so ether spectacular rise, so 3300 has rendered all the bearish put options worthless ahead of this friday's 470 million dollars expiry.

So this is really important right here on may 7th, a total of 470 million dollars in ethereum options are set to expire and slaughter is really the only word that describes what is about to happen to bearish ethereum traders. Currently, almost every single one of the 75 909 a put or sell option contracts will become worthless if ether manages to remain above 3 100 until friday, 8 a.m utc. So this is really good news right here and for anyone who is hoping that ethereum would come down to either the 3 000 level or even less than that, what we were trading at around 1800 2000. This is really good news.

If you have positions in ethereum and you're waiting for this to run, that's why i believe this week is going to be so important for positions like ethereum. If you think it's too late to onboard, i personally hate buying at all-time highs, but we are entering such new territory right now with a lot of these cryptocurrencies that we are just projecting and predicting what will happen in the future, based on what we've seen in The past right, that's what charting! That is what technical analysis is all about, but right now it's so interesting because whenever you reach these all-time highs, you're entering new territory, where it's literally writing history. So we really can't give an accurate prediction on what may happen, but when we see clear finite data on things like sell, put options and contract expiration dates, you can't ignore what may happen after that. So right now i really don't see ethereum slowing down anytime soon.

I think ethereum is going to have a good little pullback, a major correction, and we continue to stay above this 3 000 threshold. It's gon na be really good news, resulting in an even higher ability to reach some of these all-time highs and my goal for us to at least hit 5000 by the end of this month and we're just in the beginning of may. So it's completely possible. I think five thousand dollars might be undershooting it right now too.

I think we can go much higher than that, but i also need to emphasize right now. I'd always prefer to be a more conservative trader and have these expectations where it's not to the moon. So i don't get disappointed and i can really make more accurate predictions and i also know that, because we're getting a lot more views, i don't want people to think oh ethereum, 20 000 by the end of may. That might not happen, and i don't want people to have those expectations and hold it for themselves either.

So right now, realistically, i see five thousand dollars being a very viable price target by the end of may so we're just gon na have to see what happens by the end of the week. Crypto may have a full correcting month, but with what we saw with april, where it was pretty disappointing, i feel like we're just getting a delay in all of these effects. Right now, and this summer is gon na really start heating up. So some additional good crypto news financial advisors lead the institutional push toward crypto adoption.

So you guys may have heard on the news. We got ebay paypal. We got a lot of these og traditional finance platforms that have been integrating crypto and talking about how they're going to start implementing this more. This is good for the overall entire crypto space.

Imagine going on ebay trying to buy a new watch or whatever you're trying to get and it allows you to buy with litecoin ethereum bitcoin, and you have already so much of that money in there. So it's going to be really interesting to see how this works. So we know right now: bitcoin and ethereum they're, not optimized, to be a replacement for these transaction payments that we've seen, but there are other cryptocurrencies that do offer this type of service. So we're only gon na have to see what happens in the next few years.

But right now we are still in such a good position, we're still in a very good time of the market, with this entire bull run and when the crypto winter does approach again. We'll talk about some strategies on what you guys need to know and i've been getting a ton of requests too on brian, what are some crypto exit strategies? Brian? What should i be expecting to happen? Uh in september october, maybe even december, we got to make a full video on that. Otherwise, this episode here is going to be like an hour long, so i'll make sure that you guys learn everything that you need to do in order to enter this market know all the knowledge you have to in order to find success, know what cryptos to invest In but most importantly know when to exit okay, there's no point in entering these cryptocurrencies at such a great price. If you don't know what to do with the exit strategy and i'm telling you this bull run is not going to last forever.

This is not going to keep going up we're going to experience that winter. It's going to be cold, it's going to be a freaking blizzard, but i know for my viewers that you guys are going to be prepared because i'm going to be coming out with all the content to make sure that you guys are prepared. So so make sure you subscribe to this channel, you need to turn that bell notification on, so you don't miss a thing and follow me on social media accounts. So you really don't miss out on any type of information.

So when it comes to ethereum, we need to talk more about scaling issues and ethereum 2.0, because ultimately this is what's going to help ethereum continue to scale in market price. So let's first talk about the background of ethereum and what the issues we have are now. So ethereum was first launched in 2015, always a top dog right under bitcoin and it still utilizes smart contract applications that have really just exploded within the past year. The benefit of ethereum is that there's so much flexibility that many new projects and protocols still use the server.

However, the downside to this is: is that there's an overload in the system creating extra transaction fees and gas fees that have become much more expensive in the most recent months? Ethereum 2.0 is just an upgrade to the system to accommodate the increased usage that we're seeing right now so for any of my anime weaves, just like me, think about goku going from super saiyan 2 to super saiyan 3., but for a crypto network to do that. It takes a lot of time and a lot of work to make this completion or this transformation to happen. You know that in dragon ball z for any of my ogs, they have the hyperbolic time chamber where they can step into this place where time speeds up and in the real world. You know it wasn't going on, but there they could spend like years and years in there.

We don't have the hyperbolic time chamber in uh 2021. Yet so it's going to take a little bit of time for ethereum to implement this and they're going to do this. In three different phases, so let's talk about what the upgrade is, why it's important and what these three phases are. The main objective of this three-phase system is to focus on scalability security and sustainability for the network, so the first is the beacon chain.

The beacon chain focuses on introducing proof of stake to ethereum versus the proof of work model for validators. If you don't know the difference or definitions of different concept mechanisms, that's completely okay, because i'm gon na break it down for any of my new beginners here. So proof of work and proof of stake are both methods in which a blockchain confirms transactions. So easy way to explain this.

If you decide to send me money through bitcoin in order for that transaction to go through, you would need individuals or groups running powerful computers. Those are all the mining, videos and documentaries you see in order to solve really complex mathematical equations and the computer is going to try thousands of millions of different codes to solve the equation and whoever gets it right then gets rewarded in bitcoin. So that is how the proof of work concept operates and the rewards are given to whoever can solve the equation the fastest. The downside is any group that has the best computer will dominate the market and monopolize all the rewards.

So if a government institution or organization says hey, let's come in and let's just see how much we can get we'll give you all the money as possible. Any new guy who wants to mine bitcoin is not going to make nearly the same rewards as someone who has all of the resources that a huge institution may have on top of that. Proof-Of-Work blockchains, like bitcoin, uses an incredible amount of electricity to power these computers. So you'll see a lot of news articles talking about how bitcoin is bad for the environment and that's because of all the power that it needs to sustain this type of crypto.

So, on the other hand of proof of work, we have proof of stake and this aims to solve many of the issues that proof of work has to start. Proof of stake doesn't need highly complex sums to be solved, meaning electricity costs to verify transactions are going to be substantially lower, while proof of work rewards its miners for solving complex equations. Proof of stake works a little differently, so in this different type of model, that ethereum is trying to upgrade. The person must first stake their coins in a specific wallet and lock it up in order to have the opportunity to validate any type of transaction, but the main takeaway is this: proof of stake is a much better system in order to enhance equality, speed and security, And it looks like in order to upgrade ethereum's system, they will be transitioning over from proof of work into proof of stake.

Now part two of the upgrade to improve ethereum is called shard chains where they spread the network's load across 64. New chains, which will help reduce network congestion and increase transactions per second by creating new chains known as shards. Now, in most cases, when it comes to any centralized technology, you can oftentimes buy like a new sd card or improve the graphics chip or get a new gpu. There are upgrades that you can make directly, but because we're working with decentralized technology in order to maintain that aspect where it's not controlled by any entity, they want to be able to use something called these shards which help them to improve that type of optimization and The performance that you would normally see without having to give up any of the benefits of staying decentralized now the third part of this includes docking, which is estimated to arrive in the year of 2022, where eventually, the current ethereum main net will merge with the beacon Chain proof of stake system, so the analogy that ethereum uses on their website is this.

Imagine ethereum is a spaceship that isn't quite ready for an interstellar voyage with the beacon chain and the shard chains. The community has built a brand new engine with a hardened hole when it's time the current ship will dock with this new system merging into one ship ready to put in some serious light years and take on the universe. Guys. Let me tell you this: i am super excited to see what the price of ethereum ends up hitting by the end of this year.

So thank you all so much again for watching this video. Hopefully, you learned something new and just a few reminders for anyone who has not heard elon musk this saturday snl show he is hosting it. He is putting together the skits and he tweeted the doge father on may 8th. Now, although i can't give any price prediction on what doge may be, a lot of people are speculating, one dollar will be the case.

You know we're gon na see. I i i really can't give any price prediction on this. All i know is i got positions in doge, i'm holding it and i'm gambling to the upside. Now i got some extremely important videos lined up for this week, so make sure to subscribe to this channel.

So you don't miss out on any type of upload either. So if you are watching this video till the end, something fun we do at the end of every video is to comment down a secret phrase. So i know that you made it because only the cool kids make it to the end of this video. That secret phrase is going to be doge king, so comment that down below, if you're watching this right now so i know you're a real one check out the links down below in the description where you can also pick up two free stocks with weeble using the Link down below one valued up to eighteen hundred fifty dollars after you deposit a hundred dollars into the app where you can buy.

Both stocks and crypto like we mentioned, stay protected and keep your internet connection secure and private by using one of the best vpn services. In existence surf shark has agreed to give brian young viewers three months free and 83 off. If you sign up using my link down below one last thing, if you would like to be a part of my inner circle and receive my crypto watch list, my buy and trade orders and just be on a more, i want to say, like a one-to-one internet Relationship with yours truly check out my patreon listed down below in the description, i will be closing that off pretty soon so check it out and consider joining the group. If you would like that, all that is linked down below.

Thank you so much again for watching follow me on instagram. If you want to learn more about my private life, i got a twitter as well. If you all want to catch me there thank you again for watching, hopefully i'll catch y'all in the next one. Peace out have a great day,.

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