welcome back to crypto zaras i am georgewe're all george so.

Welcome back to crypto zaras i am georgewe're all george

so  today is a fantastic day of course it's

a fantastic day when everything is

rallying up we're all george

so

oops i have today's events of course it's a fantastic let me get

rid of that echo my apologies all right echo god

but tonight i want to talk about of course bitcoin the latest with bitcoin

it has fallen down a little bit should we be concerned

and also there are a few all coins,

that i believe you definitely should keep your eyes on because they are still

oversold and there's still a lot of potential on them so let's get started

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and no i'm not hungover i am just very sunburned from one day

being on the beach i have not drank anything tonight so uh   so

that's just the reality all right so um let's get started

i have my triple monitor set up now so,

even though i am away from my away from my normal setup i have like

three monitors and it's really really cool and i'm able to look at the live

chat so i don't have to utilize my phone to look at i could actually look at it

on these portable two monitors it's really cool and it hooks up to your main

laptop so,

anyways i know you guys can't see that but i have tweezed that out before it's

really nice um so bitcoin is at 47. 47.6 fell down a little bit from this morning

right this morning it went as high as 48.2 why did it fall down well

i did say that some of the short shorter

term indicators were a little bit high and at some point bitcoin was going to

fall and consolidate and that's exactly what happened now can we see

more of that possibly i mean bitcoin has been going up and up and up and up for

quite some time so shorter time frames like the four hour and the daily it does

seem like, 

you know there could be a little bit more consolidation retracement you can

see like especially on a daily the rsi is quite high over here stochastics

quite high probably shorter time frames they have reset like the one hour

bounced off of the 50 so it does look  like short term there could still be some

momentum left

but i do think that at some point maybe later this week we'll probably find some

kind of point where we just kind of stall a little bit

kind of like if you look at what we went through

you knowlast week you could see how it kind of

went sideways a little bit right and,

periods between we had like this where'ssideways movement we had like kind of

like this sideways movement right this always happens and recently we just been

lucky we've been getting more and up and up and up and up right and this is what

we want of course and all coins are rallying hard because

of it,

right and one of the good things about bitcoin taking consolidation is a lot of that

money flows more into all coins so if we do see that with bitcoin let's say we

just hover around this 47 mark 48 mark right for maybe a few days for a week we

could see more go into the all coins which i know a lot of you

guys are big big big fan of always,

asking when all coin season when are we go see all coin season well we may not

ever see like a true all coin season again because there's no four year cycle

anymore i believe but we're definitely gonna see periods where bitcoin stalls

and all the money flows in all coins and then you go see a big explosion upwards

and we have seen a little bit that.

recently uh andrea is a big super chat do you think this week we'll hit 51 bdc and 3

800 for eth you know that really depends on after what i just got done saying

it really depends on if we get some massive buying if don quan puts another

100 200 500 million into the market right regardless of what idea the ta

says bitcoins go pump and you're gonna get more short squeezes that is a

certainty right but let's assume that,

hey maybe he wants to take a breather he doesn't want to buy any more bitcoin

which is unlikely for this week then we may just get a consolidation

may we may not see that 51 000 mark for bitcoin but really what we want to see

is bitcoin the next step is to get to this 51.8 which will be a really really

really,

exciting point okay last few times we hit 51.8 right was when we

came down but the times that we did go above it were we were in the sixty thousands

right sixty four thousand at one time and sixty nine thousand for another time

so i do think that we will hit this 52 mark just depends on

depends on how much,

dough and i wants to buy right that's really what it comes down to but longer term we got so much good stuff coming guys  so much good stuff it's just so

ridiculously early and you know what that's just the bottom line um

so let's get started with some of the bitcoin stuff well look at this

grayscale grayscale,

is doing the opposite of what the scc does they might sue the sec

uh all we ever hear about is sec suing crypto companies but

great scale investment trust or at least grade scale themselves

um they may sue the scc if the sec refuses to allow them to convert their bitcoin

trust into an etf because there's really,

no basis for it bitcoin is way too big now and is recognized around the world it

recognized everywhere and there's already etf offerings around the world too

especially you just look above us in canada they already have the

biggest bitcoin etf right and the fact that the icc already allowed a futures

etf,

but not a spot etf raises questions so  grayscale putting pressure on us to see saying hey

if you guys deny us we will go to court and you know what greyscale has plenty

of money to fight this for a very long time and we know that gary gunzler does

have a lot of pressure he's been asked by many congress people subpoena in fact

asking why he did not,

approve a spot etf so if this happens this could definitely be a huge

money driver for bitcoin and crypto overall so this could be it'll be interesting the next

application is in may and then we have another one in june i don't know when

grayscale's application is but nsomething to look forward to

uh any concern for end of first quarter,

to impact the current pump no you got to give me more context to that i mean in regards to what earnings rate hikes i mean right now no because right now bitcoin  is

not moving in the same direction as th markets you look at the u.s markets

today i don't have it pulled up was not doing too good with the exception of

just tesla everything else was not doing good so right now bitcoin has,

at least temporarily decoupled away from the nasdaq and the more decouples the

better it is and earning seasons and all the stuff that wall street guys look at

pretty soon they're gonna be a non-factor when it comes to bitcoin and crypto eventually

get there eventually get there um what else is there well,

of course we still have we have the russian invasion or russian

ukraine war that's ongoing right but bitcoin has risen 35 since the war

started could it be that russians and ukrainians are buying crypto most

certainly some of you guys may have noticed that waves shot up

right out of the blue any recent what, waze

is actually a blockchain company that's based in russia so it makes sense that

they start shooting up because probably a lot of russians started buying into

them right but not only that russians nprobably bought into bitcoin same thing

with ukrainians especially ones that need to you know take their wealth with them

especially,

uh the two million new two million plus that have left and fled the country

you know when the banks are down and atms are down how else you go get your

money out right you transfer or you buy bitcoin and you take

it with you so obviously this has been helping bitcoin and bringing

you know global attention right and it's kind of one of those things like

the cat's out of the bag right or yes cat's out of bag or the

genie is out of the bottle or did i mean genie's out of the bag regardless you know what i mean right and the world is paying attention if they notice this and it's not just that

other countries other citizens from you know that's suffering from

hyperinflation or geopolitical turmoil like this they're all turning to

bitcoin too,

and that is why according to woolly woo if you look at us investors

11 percent owned gold 56 own stocks but both have been stagnant over the

last three years and guess what has tripled within the last three years

bitcoin bitcoin now there's more us investors that own bitcoin in fact more than double

own bitcoin

versus gold and pretty soon pretty soon i don't know i don't know about pretty

soon because there's always going to be people that own a lot of stocks but

that number between bitcoin and stocks is going to get closer and closer and

closer until it's one to one eventually you go have all stock

investors

that will own some bitcoin it just makes sense right it's the two very different things just like

all coins are very different than bitcoin right there's no reason you

you you have to have one or the other you should have both

you have to have both and that's gonna happen

um,

other things you know projecting bitcoin's growth right now

same number of users or roughly around 1 billion a little bit less um

actually i read that wrong i'm sorry um it's around 130 million not even close

to a billion so just think about that but,

basically for the same amount of users bitcoin users as internet users back in 1997 do you

still remember what was happening in 1997 i i don't awesome

i was in high school i don't know what was going on back then right i don't

even know what what i was doing online,

well actually i do know what i was doing online but i don't want to share

but um but you get my point again very early very early indeed and this is

not even talking about web 3.0 and the metaverse and games and you know

nfts this is just counting bitcoin imagine everything else right

all right what else is there,

um let's see here let's get rid of that guy tech dev posted a pretty good

pretty good uh indicator a three week vortex indicator um

and this is a pretty telling one take a look every time we had this

three week vortex indicator which had a bullish cross look at what happened with bitcoin

almost every single time you had a huge,

huge huge movement upwards okay and guess what just crossed bitcoin right  so

is it a coincidence or is this the start of something fabulous

you know kind of like this is kind of like you know the the

spring equinox thing that i mentioned you know a few

weeks ago i looked at a spring equinox,

and looked at last time it happened you know when the last time spring equinox

happened right around here right around uh when bitcoin was around

3800 and a shot up to 64 000. um yeah that was the start of the last

spring equinox and guess what we just started

another spring equinox so,

coincidence i think not i think not and i think it's

all tied together right so that's bitcoin now as for all these other ones

uh us thank you as for all the other all coins right

a lot of good stuff going on of course the the the second big daddy ethereum

is climbing higher we're at what 3 400,

yeah pretty close 3 400 tremendous movement 17 in the last seven days about 24 in

the last 30 days and the whales are buying just like they're buying bitcoin and removing them

off the exchanges same thing with ethereum 4.1 billion 4.1 billion removed

from the exchanges recent that's a hundred and eighty thousand

each a hundred eighty thousand each that is a lot that's a lot that's

because,

there's a lot of people that believe in ethereum as well and with ethereum 2.0 around the corner they want to stock up and load up while things are still cheap so

ethereum still being blocked by the billions uh a few other ones uh some i mentioned some i haven't for example chili's right they're about to release their 2.0

chain so i mentioned this a few days ago so i,

think this will come out the end of the week under the month so that's why i

think chili's have been doing pretty  well um jason thank you uh filecoin has be

doing very well i missed this but filecoin is going to introduce

their old virtual machine they call it fvm

which will be evm compatible so they want to go beyond just decentralized storage they want to actually be a computing play a computing play and a storage play

quite interesting they're actually very interesting no other

decentralized storage place is combining their own computing layer in this case

fbm right and i don't get the whole picture because usually decentralized

storage plays uh they rely on the chains to compute

right for example

our weave our weave is the this is the storage block you know block um storage

platform storage u um yeah the centralized storage for solana

and solana of course has their own virtual machine so that's how the

relationship works right but this will be interesting this start could be

certainly something great i i just don't,

know what their ultimate plan is but this didn't come out and this is why

biocoin has shot up a lot and something to pay attention to

going forward kim thank you for that thank you now what about some of these other

undervalued all coins right the ones to keep your eyes on well i was looking at cmc

and i'm always looking at cmc even on,

vacation and that's pretty sadbut i was looking at okay now that we have a pretty good rise with bitcoin alot of all coins have gone up so which ones have not moved as muc as the others especially when it comes to l1s and the projects i believe in project i followed for many many years and i'm looking at them okay which ones didn't move as much as the others or which onesfell more than others well so i started looking into them and you know if you look at 24 hours,

obviously most things are in green seven day 30 days right but let's go back 90

days this will basically go to the beginning of the year right in january what has fallen

the most in january well if you look at top 10 it's pretty obvious right which one

fallen the most solana solana is still down 40

since january right even though it has a pretty good recovery it's above

100 is 110,

right still sitting below cardano however it's still 40 down from january so i do think solana

is a prime target one that yes has been coming up a little bit but there's still a lot of room to grow even to get back to its previous highsn right now solana has had his problems

so there's reason i believe for that and there's been a lot of network outages also a little bit more centralized because of the vc's holdings but they still have a lot of things great,

things going for them they're still one of the fastest chains out there they have for example i was looking at this there's a brand new there's going to be a brand new fundcreated by grayscale that is populated by a whole lot of solana so that's going to help them it'snot just them and several others but solana is definitely the bigger one in this fund

if you look at their tvl right tvl they're still sitting at number five so they're still within the top five and when you look at nfts at nft volume they are sitting at number two even though

ethereum and solana there's a big gap okay big gap in terms of sales volume but number two

is still solana and between solana and avalanche and flow and rooney you can see the gap widens even more so there's still a lot of great stuff that's happening with solana so i do

think they're still going to have opportunity to come back and come back

very strong so i would say number one keep your eye on solana and don't discount them um

minko

would you consider holding say forty percent of your savings and stable coin

i mean forty percent is quite high forty percent i mean there's nothing wrong

holding a lot of cash on the side but it's a lot so the market starts ralling up

right you're gonna start noticing your bdc value of your portfolio drop like a

rock because that stable coin is just not doing anything so uh i don't think there's any

real dangers okay but you may be missing out a little bit too much

um inflation helping crypto became more mainstream yes that is definitely

inflation is definitely helping all right now besides solana i decided to go down a

little more and i noticed i stopped at number 17 polygon was also down 35 from

january right really no reason for that polygon is one of the strongestl2s out there although

just like solana because of the the increased usage they did have anoutage recently so that's the one negative for them a lot of crypto projects they're starting to see

explosion with their volume and then they they have setbacks so poga didn't have

um they did have a network outage but they recover from that and just like

solana i mean they're part of this new fund that's from grayscale this could cause a

massive amount of buying their tvl relatively high and number eight so they have that going for them right and you have other things going for them for example they have their mob they

have their burning just like ethereum they have a ton of projects  and they made a ton of acquisitions too especially to help ethereum scale so i would say polygon is definitely my favorite l2 out there l2 l1 pretty close to l1 and i do believe that they are undervalued and oversold you know being number 17 i think they should be a lot higher and still down 35 so

that's another one to keep your eye on now i decided to go down a little bit more what else is there well i was going to talk about algorand right but i don't have anything new to talk about

 i've been talking a lot about them but i would say they are onesnn also another one to keep your eye on still down nearly 38 they have a lot om  good things going on but one thing that they don't have a lot of right now is tvl and if they could get more d5 projects on board that would definitely push them up but they have a huge presence in latin america and they

are growing that so that's fantastic but going down the list i gotta stop at 37 with v chain a lot of

exciting things happening with v chain right now so even though they came up a little bit

55 percent last 30 days well they should be a lot higher than that they should be a lot higher so

what's going on with v chain well couple things number one is yes they're about

to move to europe and the reason being because they want to go all out with the the west they already pretty,

much dominate the east in terms of all the supply chain um anything that's on the supply anything that deals with supply chain that's not a blockchain is with v chain some of the biggest companies out there right it's on top of each and but the west not so much so they want to definitely get more presents in the west and and there is a big rumor that they will be listed on coinbase now this has been talked about a lot but there seems to be more more motion i guesswith that more traction so that could definitely help them because v chain is

not on coinbase and if they get added usually if you get added in coinbase you get added in all the all the us exchanges like gemini and kraken and everyone else right so they get addedthat'll be a tremendous thing and of course they're still building out their vusd which is their stable coin right so they really want to make a big push into d5 like alvaren they don't have a lot of

tbl but they definitely want to change that so that could be a huge thing this year as they grow their d5 ecosystem so that's another one to pay attention to and lastly i want to stick with number 45 which is

phantom they're down about 39 from january again they had fun thought about andre crone leaving taking all his projects and now phantom is dead now that's far from it okay um just take a look at this the number of addresses on phantom does that look like a dead chain to youthat that's just sky high just keep going and going and going and go so there is enormous amount of new users

coming into phantom mostly because their default ecosystem is fantastic you look at like someone like spooky swap providing a ton of liquidity and there'sso many others out there that i don't even know of anymore i mean there's just so many phantom has a lot of great things going on right and like v chain they will be coming out well at least a project will be coming .

out with a brand new stablecoin usdb that will be also be used of course for d5 reasons and you're going to get a ton of interest with with uh staking on this new d5 platform that will be utilizing this new stablecoin so that is also coming out right relatively new unknown but stillwhenever you have a lot of.

you know excitement it could be a really really good thing so phantom is definitely another one i really believe in and i do believe that they go they're gonna come back they're gonna come back so there you go those are the ones i want to concentrate today there'sa lot more there's a lot more that you need to keep your eye on but tonight i only have time for these all rightthat is pretty much it now let's do some q a i don't have i don't have any water with me

so..

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