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Video Outline:
0:00 Introduction / Second Dose & Audio Issues Today
2:05 Is it TOO LATE To Invest In AMC StocK? (SHORT SQUEEZE EXPLAINED)
8:07 Crypto Market Price Analysis & Wyckoff Method
10:25 OVER LEVERAGED TRADERS PAY ATTENTION
13:18 Ethereum & Bitcoin Resistance Levels to BREAK
14:26 Cryptocurrency WATCHLIST AND Finding HUGE ALTCoin Opportunities
16:04 Dogecoin, XRP, Polkadot, Vechain, & More
17:15 BIG WINNERS FOR THE DAY 30% WINNERS
18:48 Celebrities: Brady, O'leary, Cuban and Government Officials Bring Bullish Sentiment
19:19 Special Offers and Code Word
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#Crypto #Bitcoin
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Video Outline:
0:00 Introduction / Second Dose & Audio Issues Today
2:05 Is it TOO LATE To Invest In AMC StocK? (SHORT SQUEEZE EXPLAINED)
8:07 Crypto Market Price Analysis & Wyckoff Method
10:25 OVER LEVERAGED TRADERS PAY ATTENTION
13:18 Ethereum & Bitcoin Resistance Levels to BREAK
14:26 Cryptocurrency WATCHLIST AND Finding HUGE ALTCoin Opportunities
16:04 Dogecoin, XRP, Polkadot, Vechain, & More
17:15 BIG WINNERS FOR THE DAY 30% WINNERS
18:48 Celebrities: Brady, O'leary, Cuban and Government Officials Bring Bullish Sentiment
19:19 Special Offers and Code Word
Bitcoin 2021 Here: http://b.tc/conference use discount code: BRIAN15 for 15% off your ticket
SECURITY YOU NEED
โฎ ๐ Cold Storage Mentioned in Video (MUST HAVE): https://brianjung.co/ledger
โฎ ๐ Yuibkey Data Protection Key https://brianjung.co/security
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Advertiser Disclosure: Some of the links and other products that appear are from companies which Brian Jung may earn a small affiliate commission. The offers shown in these videos are competitively the best offers you can find all while supporting this channel.
Disclaimer: I am not a financial advisor. Brian Jung does not provide tax, legal or accounting advice. This material has been prepared for entertainment purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
#Crypto #Bitcoin
Yo, what is going on you guys welcome back to another video, so this week was considered pretty boring in the crypto industry market. We've been seeing a lot of sideways action, which was to be predicted from the last few videos that i've at least posted on this channel and in this video i wanted to talk more about what to expect moving forward in the next few weeks in the crypto Market, what you should be doing as a new retail investors - and i also wanted to talk about some more potential opportunities where you could possibly make that bag or that bread right there so guys, although there hasn't been much action, there's still a lot of moves that You can make in order to make more money in this market today, and i know today's a little bit of a later upload right now, it's close to midnight. I did take a little nappy nap and that's because your boy got his second dose today uh. I didn't think it would affect me because you know i go to the gym, i'm relatively healthy, i'm very cautious about even the foods that i consume on a day-to-day basis, but man a few hours ago that john knocked me out, and i just woke up - and I didn't want to miss an upload.
I had something out today, but we ran into a lot of audio issues, so i had to unlist that video on youtube. I think i broke a few people's eardrums by mistake as well too. So if that happened, i really apologize for that and hopefully the audio's sounding a lot better. Today, now guys there has been, you know a lot of news, a lot of developments still made in the overall crypto market that we need to talk about.
On top of all the further manipulation and trying to get a better idea of what at least the whales may be preparing to do in the next week or so so, first of all, if you have not dropped a like on this video make sure you guys Go ahead and do that that really does help out this channel, because i feel like the market sentiment when it goes down. You know the views on these videos kind of go down and your boy, brian, i was liking the i was liking, the 300k views. That was feeling good. So if you guys want to start pumping things up and and help your boy get back on, the algorithm definitely drop a like down below much appreciated and check out surf shark down below 83 off three months, free and also weeble.
Two free stocks, one bite up to eighteen hundred fifty dollars after you deposit a hundred dollars into the app boom, all right guys with all that being said, let's hop into the computer and see what's going on in the market, all right, real, real, quick guys, amc Up 26.51 in the last week, they've been up 110. Here's what i'm doing with amc! Here's what i recommend you guys to do right now. So if you do have some money to unload, if you're trying to not get a little bit of that fomo, i times will never recommend people to on board a train. You know in this stage, but my price target for amc with regards to a short squeeze that is potentially going to happen, especially when we look at gme and the price action that we saw before its last squeeze as well. This sets up a lot of people for a potential ride to the moon, which is anywhere from eight thousand percent. Ten thousand percent increase on the low, even a thousand percent increase, would be nice to check this out gme before they actually had their little short squeeze, which i believe was not the full effect, because we had multiple versions of this throughout the last few months. When we were really a part of this whole wall street bets movement uh prior to the crypto market, really starting to lift off check this out amc trading at 16 19. Maybe, where amc is kind of at right now, 19 uh, 18 and then all of a sudden, 30, 39, 43 and slowly day by day, 60, 70, 147 slowly and then all of a sudden one day they went up 7 500 percent in that one year.
As that all-time high, so imagine the fathom of that. Imagine how crazy it is and then also take a look at the data of how many short positions are still with amc, and we realize the volume right now is stupid, crazy, too. So the volume of these trades have been absolutely insane for the past few days and we're able to break the all-time high in terms of volume that we had last time, which was in the billions. According to some data that i found online, then we're gon na have a really strong opportunity, and this time i doubt that we're gon na have robinhood and some of these other brokerages turn off the trades which happened last time so right now, i am up 250 Percent on my investment in the past week, uh in the last day, i've been up 18 000 and my total investment with amc is currently at 70 000.
So i don't have an actual price target to exit this strategy, yet i'm just keeping my eyes glued on this, while the crypto market is still just dancing around in circles, putting a little bit more time on the ta on this, but still even in terms of Regular technical analysis, there's not much that you can predict with this and we're just hoping that the social sentiment continues to grow. More people decide to invest so on the general premise for the safety of my viewers. I would never advise you guys to invest on on something like this, just because the downside and the risk is still there, but we're still on this in terms of a fundamental value of over leveraged short traders that are getting bought out and they're gon na have To re-enter these positions, the price is gon na go up, and logically this still makes sense, and logically, the data is all still there in order to point us to the upside, so i'm really optimistic about amc still, but the last time i said that you know We did see it go down after robin hood decided to say: oh nah people people aren't gon na make their money today. So here's what we got going on you guys in terms of this trade.
I think 26 dollars is a good entry point, but i wouldn't be surprised tomorrow morning on friday. If amc starts to heat up, keep in mind. We also have a very long weekend, saturday, sunday, monday too, where a lot of people are going to be taking some time off, but people are also going to be telling their family members our friends their co-workers over memorial day weekend that tuesday we might actually have Liftoff, so if we have like crazy liftoff, imagine amc going a hundred dollars by then. That would be absolutely extraordinary, and i know today even on twitter and even yesterday, amc has been trending as well with hashtag amc, strong, so i'm still part of the community. Only because i have not sold my investment - and i initially entered this at such a good average cost before putting my more money, more money in uh which raised this significantly, but guys uh. I i don't want to say this is a once in a lifetime opportunity, but this is definitely something that i would consider you to at least put a small position where it's not going to ruin your life, so you don't get fomo'd in later on. Please do not dump your life savings into this investment. Please don't think this is going to be a guarantee to the upside, because the hedges and all the institutions they're going to do everything they can in order to reduce this and make sure that it doesn't happen.
So keep that in mind, you guys definitely had to discuss amc on this channel because i am super passionate about it and for anyone who's in the crypto scene, who doesn't really know what's going on with amc, you just have to do a little bit of digging. I made some videos back in the day back in february, when this was lifting off on why this is happening. So this is all about short positions, pretty much the easiest way to explain this is say little billy say little jimmy we'll do billy all right. Little billy right here is trying to get a ps5 right.
He knows the price of a ps5 is is selling like crazy amounts on the aftermarket price. Ps5 or sony is right now selling it for retail 250 dollars, but you could sell it on ebay. As an example for 500, what jimmy or billy is gon na do is he's gon na go out and try to borrow the ps5 for that 250 he's then gon na flip it or sell it. What he does is cash in that profit of the 250 dollars.
He's made and then he's gon na buy it back later. Okay, at a date when the price actually fluctuates, goes back down and realized the aftermarket prices isn't that crazy and you can continue to go back to normal prices, so you can do this in essence with other stocks. You can also do this with leveraged trading with cryptocurrencies as well. You can also short positions there.
It's a little bit more of an intermediate uh type of trading, and the reason why i don't talk about it too much on my channel is because there's a lot of risk where, if the price continues to go up like we're, seeing right now with over leveraged Short positions, then people are gon na, have to pay a lot of money. It's it's infinite, uh in terms of the loss that you can have, unlike uh, just investing into stocks where, if it goes to zero, it goes to zero, but you're. Never gon na lose an infinite amount of money. So that's what we have with the amc side super excited to see what happens friday very, very excited right now, and hopefully we do see this thing go to the moon. So today's crypto market cap is up 1.16. It was in the red a little bit. It was in the green a little bit, but right now, they're still under that 1.7 trillion dollar market cap. If we go ahead and take a look at that volume right now, here's what we'll notice the volume is down! 19, only because many people are still sitting on the sidelines, trying to figure out exactly what the best move to make.
It looks like based on all the tas, which no one has an idea of what can happen based on past uh, past occurrences, everyone's just waiting right now on the sideline you have to realize. This is not just a couple thousand people investing into crypto. This is hundreds of thousands of millions of people trying to see what may happen with this so with the overall market sentiment still being fearful with today, being a little bit more scary than it was yesterday right now, people are just trying to gauge what the whales Are going to do what the manipulation and price is going to do, and i took a deeper look into that wyckoff theory and right now it looks like things are lining up with that. So here's what you have to know in terms of the wyckoff theory.
We can go into two directions right now: it can be an accumulation or redistribution of uh, the entire market and pretty much the latter of that redistribution is where things could go. South things could go bad and people are waiting right now in terms of seeing it as a buying opportunity or if we go into the upside, then you know you're going to be able to liquidate your positions, realize those gains and still make a decent profit. Now i do have to mention a few things before we talk about some other crypto prices and some movements that we're seeing with all-time gainers. If you are a newer investor right now and you're, not sure what to do.
The reason why many people are deciding not to invest during this time is because there are going to be more opportunities and from all the research that i've done. It looks like we're going to see another pullback to where we could see a good buying opportunity, because the whole point of the wyckoff theory is that the manipulators, the whales, the institutions are trying to shake out as many retail investors as possible. And there are different phases of this so we're just getting through. I would say, like the first third of the phase that we're having right now and once they're able to shake out even more retail investors and they load up with diamond handers. The strong handers end up holding these positions. Those are generally going to be the big winners. Now, in addition to that, i also have to say this: if you are super over leveraged with your crypto portfolio meeting, you don't have enough money to pay next month's rent, because it's all invested you're, not exactly sure what to do. That is not what you should be doing, and that is something i would never advise for my audience to be doing at all.
If you are in that situation, i would consider taking profits off the table right now. Only because bitcoin is still at that stable phase. Maybe when it gets closer to 40 000, because over the course of the past few days, we've seen bitcoin touch 40 grand, but it seems like it can't break through and just completely clear that level of resistance. So right now, if you are in that situation, always make sure that you have money sitting on the sideline and all the money that you're investing during the time into crypto is something that you don't care about for the next one to two years.
This is a long-term investment and, if you're able to make these high volatility, short-term gains, that's still going to be a win. But i do have to emphasize right here on this channel. We are still going through very enormous times of evolution right, a technology of adaptation and the crypto market is still in its such infant stages. Where volatility like this is completely normal, we have to be able to stomach this, and if you can't, if you paper hand and and you sell your investments anytime, the market goes down in the red.
This might not be it for you, and i want to make sure that all of you guys are mentally prepared for what may happen now. Am i saying that we're going to have a crash heck to the? No? I think we are going to have a little bit more sideways action. I think we're going to have a little bit more pullbacks and i consider those still a buying opportunity or a fire sale in the market, but i also need to mention that for all of my newer investors, who are just getting into crypto right now, we are Gon na have those downs, as we are gon na have those ups, but we, if we look at that one year trend, if we look at how much we progressed even with cryptocurrencies like bitcoin right now, we are still right on track. We are still doing very well and with this type of pullback, it is going to be very difficult to determine whether or not this is going to be that start to the crypto winter.
Or this is going to be the bear market because you can just never tell you, can never predict while we're in it, but based on what we're seeing in the past few weeks, it's just been more good news in terms of fundamentals in terms of the consensus Meeting that they had that we'll talk about later on in this video and just the overall sentiment, even though it's fearful and even though most retail investors are just chilling right now, because they're not sure exactly what to do after the drop that we've had. I'm gon na say that projects are continuing to move forward, we're seeing more adaptation, we're seeing more people hear about other cryptocurrencies, and i just don't see this slowing down any time in the future. Will we have pullbacks? Will we have a reset? Will this be the end of quote unquote a super cycle that is all up to debate right now and i think most people are trying to say you know the bears are going to tell us this. The bears are going to be uh, pushing that it is and then realistically the bears get louder when the market gets even worse alrighty. So, aside from that, ethereum not much action today, either they're still at 2700, and we want to see ethereum break three thousand dollars. We want bitcoin to destroy forty two thousand dollars. If we get past forty thousand dollars too that'll be a good sign, but anything under 38 000. That is definitely not a good sign for the market, so i'm definitely gon na keep an eye out on that uh.
I came out with a report that i found recently and published it to my inner circle members about tether at the moment, if you guys do plan on parking your money into usd stable coins, i net, i wouldn't necessarily recommend tether right now, definitely check out. Most of the other stable coins listed on the market and, although tethers ranked up number three, i would just be careful uh with this cryptocurrency during this time check out usd coin and check out some other alternatives that do have backing with financial institutions and usd coin Is one that i would personally use? Instead, finance coin is up 4.28 and they are still down a significant amount from their last all-time high, which was over six hundred dollars before uh. This entire crypto market began to take that tumble and even right now, with finance coin and other cryptocurrencies, we're still seeing a solid buying opportunity, but the ones that really interest me the most are the ones that have been able to bounce back up the quickest. During this whole, entire crypto flash crash that we've been experiencing for the past week so check this out, even with cardano, when cardona hit that all-time high of close to even two dollars and fifty cents, and they dropped back down pretty low.
All the way down to a dollar fifty cents and even lower than that, we saw them bounce up pretty fairly quickly in comparison to other cryptocurrencies on the market. Now, so, even in the three month trend, we are sitting at a dollar. Seventy two: a dollar sixty cents and with cardano and other cryptocurrencies that have been on my watch list that i've talked about many times on this channel. You know that if you did take a dip in this market alongside bitcoin you're gon na be not necessarily you know, crying and in a terrible position, but even with these cryptocurrencies, if you're diversified enough, your portfolio wouldn't have tanked as hard. So a 50 pullback, depending on the time you enter this market, definitely hurts, but for any of my investors who have been in this before the past few months and you have been long-term hodlers, i mean you know that this is all part of the game, but You know with the newer investors that have been a part of this. I know it can be quite scary out here so make sure that you stay tuned okay, because we got a lot of important news to cover and although this may seem like you know, it's a fearful market and there's a lot of bad stuff going on. This is exactly what the institutions want you to feel, and i just still see this as another good buying opportunity for us to get into some of these coins, because fundamentally, nothing has changed at all and right now these projects are still moving forward. They still doing their thing so with other cryptocurrencies on this list.
Dogecoin is near 33 cents right now, xrp under a dollar again a polka dot 24. During the time of this recording they're up eight percent, which is not bad movement at all, so uniswap, another platform, cryptocurrency they're up 7.55 percent bitcoin cash up three point: eight three percent litecoin up four point: two: three percent polygon trading a little sideways today, but actually Still in the green for the week, stellar or xlm is up point three, eight percent, so not too much of an increase today and they are still down 15 for the week and solana as well. They are up six percent, but they are down 27 for the week, so theta they're up doing fairly well. Theta is actually probably one of the biggest winners today up 19, which we've talked about before on this channel as well, but v chain still struggling a bit right now.
Let's take a look at the trending data, so v chain has been trading a little sideways as well looks like they are consolidating over from the last support level of anywhere close to point. Seven cents right here so v chain is another cryptocurrency that i personally love and we came down from its all-time high as well alrighty guys. So here are our big winners for the last 24 hour period, helium up 32, while bakery token is up 27 thor chain is up, 20 theta is up 19 and theta fuel is up 16, so the largest market cap. Among these, five winners for the last day is going to be theta alongside baker, token, which is the opposite and actually the lowest market cap out of all this just under a billion dollars.
So there are still a lot of opportunities to be made and although bitcoin is trading sideways, it doesn't mean some of these. All coins are going to be either yes, bitcoin does have a strong pull when it makes drastic volatile movements, but whenever we see bitcoin doing its bitcoin thing just chilling around not being able to break resistance nor support, we do see other all coins starting to pick Up and starting to recover so helium as an example they're up 30 in the past week or 32 in the last day. If we take a look at the charts right here, they've been consolidating, they had their pullback, but they've been having a very beautiful recovery. Since that time period, so they're at 14.97, currently at 18.76 cents, so check this out, guys back in march 4.26 cents and we're still up 18.91. So a lot of these cryptocurrencies are still going to be moving, and hopefully we get to see some more action later. On this weekend, and i'm really really excited to see what may happen sunday, because it's either going to be a parabolic movement north or we're going to see a very, very good, buying opportunity as well, where i know i'm gon na be entering some positions that have Been on my watch list as well, so for any of my inner circle, members make sure you guys stay tuned for that as well all right guys, so i'm gon na wrap up the video right there, but there have been a lot of great improvements made tom Brady coming out talking about the consensus 2021 meeting, where he's all about bitcoin, he sees the future in it. We've seen kevin o'leary mark cuban some of the top influencers in the finance and entrepreneur space also discussing this, and then we also had a lot of different regulators also talking about their opinion, how they feel about cryptocurrency and where the future of this may lie. So a lot of great news in the market right now, regardless of bitcoin trading sideways and being in that wait and see typeface now guys.
Thank you all so much again for watching this video. If you did enjoy this, don't forget to comment. The code word down below - let's do 5g comment down below 5g, and i appreciate you watching this. I appreciate y'all for tuning by we're going to be doing another inner circle launch on june, 2nd and i'll be posting on my twitter and instagram when the specific time for that will be because it does sell out fairly quick.
On top of that, don't forget to check out the links down below in the description block fight can get up to 250. Using my link down below weeble surf shark. Hopefully y'all have it by now in order to better your own financial life, so check them out. You guys they are the best possible offers for you to sign up with, and they also do support this channel as well.
All right guys have a good night. Thank you again so much for watching and until next time, peace out.
You're an outstanding individual
I've never seen anyone do it better
Crosswallet have the best team and lots of milestone ahead. that is why grabbing more now from pancakeswap is wise.
Iโve never seen anyone do it better
Iโve never seen anyone do it better
Iโve never seen anyone do it better
Iโve never seen anyone do it better!
I've never seen anyone do it better.
Iโve never seen anyone do it better
When it comes to preparing yourself for the future I see no other company thatโs as capable as Ronald Grimm on I๐G these guys would absolutely give you returns that would leave you speechless.
When it comes to preparing yourself for the future I see no other company thatโs as capable as Ronald Grimm on I๐G these guys would absolutely give you returns that would leave you speechless.
Iโve never seen anyone do it better
brian which website did you use to trade stocks
Iโve never seen anyone do it better๐๐
Iโve never seen anyone do it better
Iโve never seen anyone do it better
Iโve never seen anyone do it better
Hedgies paid you off๐คฃ no wonder you stopped
I like your videos so much !
You got me onto AMC bro ๐๐ฟ. I didnโt get in early like most but we here now ๐ต. We need another Jung video update on AMC bro ๐๐ฟ
You are the man I am sold on your word win or lose at this point
How much is the inner circle
Thank you for your videos!
5G! You said Jawn. Lol! Love it!
Just saw out on Netflixโs โMoney Explained!โ You rocked it!!
Hey if possible can you do a video on slippage amd what front run means when the slippage is 10% ty
So much knowledge from this content, I want to get better at this crypto stuff.
Success is a journey, not a destination@Herricklurd10 thanks for helping me and my families
Success is a journey, not a destination@Herricklurd10 thanks for helping me and my families
Looking forward to your next work
Thanks so much Brian!! 5G ๐๐ฝ
Looking forward to your next work….
check out on $CPAC too! stable but has been going up, not minding the market crash. just imagine if the market recovers, right? to the moon!