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Bitcoin please go to more stop go inside without bond if I say we going down to one gay but mr. de novo could say we have our I really like that song it's gonna be a hit in the ball right now but has Bitcoin bottom down it appears so it appears we're moving a bit sideways right now but as you know Bitcoin went over fifty four hundred and now we're at five thousand eighty nine dollars and before I go further welcome to the thinking crypto YouTube channel my name is Tony and I got some bullish news to share with you guys this is of course not financial or investment advice if you're not subscribed hit the subscribe button also smash the like button so as mentioned Bitcoin at five thousand eighty nine dollars a theorem just over one hundred and sixty four dollars x RP just over thirty two cents so we're seeing a little bit of sideways movement but a good sign because we peaked over fifty four hundred for Bitcoin and then we had a steep pullback many folks were saying that was related to the Julian Assange WikiLeaks arrests but we can we can't with 100% certainty say that's what it was but we know they have a lot of Bitcoin and they may be selling some of it to cover legal fees or it could just be a pullback I don't know but I'm just letting you guys know of all possible scenarios because we can't with 100% certainty say this is the reason or this is a reason we we can guess them it and you know highlight all the possible scenarios but it's great that bitcoin is sitting above five thousand I think that's important and it's sustaining that level and I think we're gonna probably bounce back up to probably fifty three fifty four hundred and probably go higher I think by the end of April we could hit the six thousand mark but let's see what happens because there are many variables where you can have a whale that's gonna can dump on a market those things are possible because it's we're very early there's some manipulation in the market but what we saw guys we've been seeing some bullish news around the Bitcoin futures Long's a huge surge to CM II reported on it and up eighty-eight percent which is very high and obviously the shorts have pretty much died out right but that in itself is a bullish sign now we got some additional bullish news here from Thomas Lee a fun strata guy you've seen on CNBC fast money most likely and he has a Bitcoin misery index and he says it has reached 89 on April 2nd he tweeted this yesterday highest reading since June 2016 interesting means good and bad the good he said since 2011 the Bitcoin misery index it has been greater than 67 only seeing Bitcoin it's only seen during a Bitcoin bull market more evidence bull starting so he's saying that you know based on the index it seems that the bull market is ramping up right now however there's a flipside to that the bad the BMI is greater than 67 after peak Bitcoin falls approximately to 25% profit-taking so you have these scenarios but he's I think from his perspective looking at a data he said the main takeaway is that the Bitcoin misery index reaching 67 is further evidence the bear market for Bitcoin likely ended at 3000 so I personally believe the market bottomed out as well I think in December when we hit the very lows and it's great to see that things are moving ahead and and obviously I'm talking about Bitcoin here because we haven't decoupled from Bitcoin meaning the rest of the market follows bitcoins movement up or down which is annoying but you know we're very early and I think as the market matures there will be decoupling but this information from Tom Lee was reported by coin Telegraph as well you know looking at his index here so I mean the data is he's providing data at least and historically it has shown to be that way as far as the indexes and the movements that right now it seems that bulls that bull sentiment that bull feeling is stirring guys in the market and I think when I started talking about this since the Black Swan event the Bitcoin Black Swan event I said we were still in the transition phase and and I personally believe that we're still transitioning from beer to bull as you know markets move in cycles and these things don't happen overnight they happen in phases but the more higher bitcoins price continues to go and even though there's pullbacks and corrections along the way it's still holding over 5,000 that's a great sign now moving ahead here we got some bullish news out of France guys and we're seeing globally Kryptos global now and that's why the opportunity is so big because governments are on board and many of the governments are having dialogue they're passing regulations and rules and France has passed a bill to allow insurance providers to invest in crypto and tokens very interesting that would be like you know here in the United States stay for more Allstate or guy code or something they are allowed to invest in crypto so French insurance markets can now invest in crypto currencies following a passage of a new law on April 11 the National Assembly of France adopted a bill that is designed to stimulate local business development it very interesting including redirecting savings from individuals to businesses according to local news a local news agency according to routers the assembly note aller voted 147 in favor and 50 against known as planned action poor Paulo crows croissants at the camp for NASA the act reportedly and now allows insurance providers in France to invest in crypto currencies such as Bitcoin with no limit of investment guys the feature of this asset class is very bright we are seeing facts after fact and just progress being made governments and big money getting in and it's amazing to watch this unfold and I always say count yourself lucky you're here early and you're buying at the low because the prices are gonna go high and we're talking global this is happening in France guess what expect to see other countries follow suit guys it's it's a beautiful thing to watch it unfold and but we got to be patient right there's a lot of building that's happening there's market cycles there's regulations that's needed but man it's amazing to see things like this insurance companies can now invest in crypto we are headed for big things guys and speaking of big money we continue to see coinbase lose people to the new big players in the market we saw Adam White who was a prominent figure at coin base he left to go where two backed and backed owned by the New York Stock Exchange parent company partnered with Starbucks going to be a giant well former coinbase exec appointed head of sales and marketing at fidelity of course fidelity launched their service this month fidelity digital assets and Kristine Sandler who previously served as a head of institutional sales at American major crypto exchange coinbase has joined fidelity as its head of sales and marketing in this role Sandler will reportedly lead the expansion of fidelity digital assets into new markets as well as take responsibility for institutional customers service institutional money the big players right we're talking millionaires billionaires guys so the these big guys now fidelity and backed and many others are poaching from the crypto exchanges especially coinbase because coinbase as you know was the first in the United States that really did well strong brand they've done a lot of screwy things and took forever to list coins and so forth but they they were ahead of the curve in many ways except for listing all the respective kryptos and they lost a lot of market share now they're losing people it's their own fault they could have been so much bigger a giant like by Nance but they dropped the ball and now these people are moving to other places but it shows that hiring the investing to building that's happening and these big players like your fidelity your TD Ameritrade and so forth are getting ready to be aggressive they're gonna they're gonna do mass marketing and I go after the big money so like I said guys the future is so bright for this market like I said the facts are here I'm not making this up that's why I tried to show you these articles and so forth you can go research it and verify it but it is here and it is happening and like I always say these companies fidelity teen Ameritrade backed ice all these hedge funds and investment firms they're not here to lose money they're not here to dump millions and watch it all fall away and die right because there's still people out there saying Kryptos are fat it's gonna die oh it's a Ponzi scheme right they haven't really taken time to research the technology and what is taking place they just maybe catch the headlines right or they they're so caught up in the existing infrastructure but oh my gosh fiat currency I trust their fiat currency and they don't understand there's nothing backing Fiat it's just your confidence the government says hey use this and people have confidence and you know they're arguing their counter-argument be like nothing is back in crypto what's behind it well what's behind fiat right at the end of the day money and currency it's all about faith about trust right because unless it's like even gold like that's an artificial rarity that we all agreed upon now is there a goal have a rare factor yes it's it's not there's not a lot of it right and you have to mine and you have to work to get it and so forth but at the end of the day it's a piece of metal from the earth right it's it's you can't eat it you can't you know what I mean guys oh you understand what I'm saying is there some principles here that I think people have gotten used to but they can't apply those things to other they can't or change is too hard for some people and I guess that's human nature change is very difficult but this change is going to take place whether they like it or not this is the disruptive technology and there's a paradigm shift okay you know one of those points in history and time where does a massive change that's taking place so it's interesting to see and you know if you want validity to that you have the big money the big players and you have the government's on board and that is all you need to get this going and then eventually the masses will fall moving ahead here the final item XRP takes another step into mainstream adoption as skype hints possible integration this is interesting the third-largest crypto in the world XRP might be integrated with Skype after the XRP community made Skype notice their ideas the developers in the xrp communities community have already integrated XRP with Gmail Microsoft Outlook Twitter Reddit and other notable platforms so this is great David Oliver shared his idea about integrating XRP on skype on March 20th 2019 which grab the attention a Peter the community manager of Skype who replied hi thanks for sharing the idea crypto micropayments sounds really cool right now like any other leading technology company Microsoft is already testing blockchain although I don't have any information about crypto adoption for Skype or any oops or any that I lose that there any other MS product please keep continue supporting this idea I will share it with our teams note I've edited the title of this idea a little bit so it fits the Kryptos de cryptocurrency is generally although it hasn't been finalized yet this step by Skype puts XRP adoption on a new level moreover skype reply to user Dave Jones on Twitter regarding the enthusiasm shown by the XRP community on its integration so this is interesting guys let's see they're not saying it's off the table but they're gonna look at it and as you guys know I'm very bullish on XRP I have Bitcoin I'm bullish on Bitcoin happy Theorem abolition a theorem as well and I have some other Kryptos in my portfolio but XRP is getting a position for a lot of really big use cases and you and utility and the micro payments via coil and the XRP tip bots and so forth there's a lot being built there and if Skype and these other platforms continue to integrate it it's gonna be very big for XRP guys so this is a great sign and let's hope they actually do you know do it I think they will eventually because crypto is gonna become mainstream people are gonna start sending it to each other and so forth finally guys be sure to check out my interview with Elena or I should say the CEO of Belko BTM that i uploaded earlier a lot of insightful things there and she met she gave an exclusive information on the interview where she talked about they are integrating x RP and tron in like a couple of weeks and they're gonna be launching a mobile app but they do Bitcoin and crypto ATM so their ATMs are popping up everywhere where I live and they're gonna go in more into New York City so big things are happening guys to push the adoption and awareness of crypto so guys what do you think about the news here let's hope you know things continue to move upward right now moving sideways a bit and I think bit going to hit 6000 might end of April do you think so let me know what you think leave your thoughts and comments below thumbs up if you like this video please subscribe if you haven't already don't forget to follow me on Facebook and Twitter links in the description thank you for your support and I'll talk to you all later
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