ALERT! Paypal Has Picked Their #1 Altcoin!! Big News Drops This Week!!!
Once again, and maybe for the last time I will be coming to you guys, fully produced from the Sunny and beautiful street of Lisbon Portugal.. Our European trip is coming to a close, as I head back to Americawhich isnt, a bad thing as Ill, be able to put my best foot forward for the close of this bull market.. So, are you ready to close out your day with us.well? You dont really have a choice., Because its time for Chico Crypto Talking about closes Bitcoin, decided to close off last weekend with a BANG Sunday night, the price exploded. From 63k. It jumped straight up to above 65k and then over the last hours of Sunday and into Monday it broke 66k and looked to be on the way to a new all time. High and 67k.. This PAMP and end of the week RUN was much needed if we were going to make it to Plan Bs prediction for a November monthly close, which all of us should know by now is 98k.. On Friday of Last week, things werent looking too hot for the BTC as it dipped from above 62k, fell under 61k and looked like it might break through 60k support.. This even promoted Plan B to tweet on Friday November 5th.. He said Some people think November. Close of 98K is too big a jump.. It is 60 from current level.. Yes, that is a big jump., But Bitcoin did this many times.
Before..Showing examples of 60 monthly Jumps throughout Bitcoins historyalthough. The last time BTC did that big of a jump was back in May of 2019. Plan B. Obviously still has that November pumpamental hopium in his eyes., But whats the reality of the situation so far With Novembers current price movementsare. We on track to hit his prediction. Near 100k. Well, we began November just below 61k and as of Monday morning November, 8th BTC was at about 66500.. We wont count the 8th, because the day wasnt done when I shot this video.. So in 7 days we had a price gain of about 5625 dollars.. This means on average per day the BTC price has been moving by about 804 dollars.. We only have 23 days left in November, so if we multiplied that by the average daily movement of 804 dollars, this would give us 18492 bucks to add on throughout the rest of the month.That would only put us at about 85k13 thousand dollars away from Plan. Bs prediction. Sono, even with the Bullish PUMP on Sunday and into Monday, we arent on trackand, will need some more BIG green candles, like we saw on Sunday to get us there., But, like Plan B said you cant count out Bitcoinits done this before and can do It again. They dont call it the Honey Badger of money for nothing.. So first lets look at the bullish end of things why BTC could reach that level by the end of the monthand? This could be a reason for the Sunday PUMP.
. It comes down to one personElon Musk… During the weekend the mad lad decided to go full on MADLAD. He tweeted Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10 of my Tesla stock.. Do you support this And then he said I will abide by the results of this poll. Whichever way it goes And as we can see, the results said YES, Elon will abide by the results of the poll.. He is selling 10 percent of his Tesla stock. Elon owns 193.3 million Tesla shares representing 20.7 of total shares outstanding. That means Elon Musk owns just over 250 billion of Tesla stock. And 10 of that is obviously 25 billion plus.. So what does this have to do with Bitcoin? Well, dont forget back in February of this year, out of the blue, it was announced that Tesla had purchased 1.5 billion in Bitcoin. Tesla diversified. It balance sheetCould. This be a signal that Elon was looking to diversify himself. Well, after he tweeted the poll he tweeted thislike, he was taking a gamble, Roll them Dice and a video of the song high roller by the Crystal method.. So is Elon just rolling the dice by selling 10 percent of his stock, Or will he be taking some of that money from the sale and be putting it into Bitcoin and digital assets? If thats the case? Of course the markets would pumpif. You dont remember the announcement of the Tesla buy pumped BTC by 17 percent and pushed it to new highssetting the stage for the extremely bullish months of February March and April.
But we have to look at both sides of the coin and the possibility that its not the case. There is a possibility. We actually go back down before we go back up. The Sunday pump actually formed the dreaded CME Gap and a really big one at that.. Now, if you take a look back in history since the launch of CME Bitcoin futures in 2017, over 90 percent of CME Gaps eventually get filled. Thats a pretty significant number.but. When Bitcoin is trending, hardthey dont get filled. Even throughout this bullrun and year. There are 4 CME bull gaps that still have yet to be filled, So Im not going to be putting any money where CME mouths, are. Im sticking to the bull guns and believe that GAP is one that wont get filled.. But dont put any of your money where my mouth is, as this is never financial advice., But we are about to switch gears and jump back into Solana as if you dont remember just in September on the 17th. I posted this video Solana Has BAD NEWS. Major SOL Dump Is NEAR Where I showed how centralized the chain was and the consequences of thatand. Then literally the next day their blockchain went down and was down for a good whilewhich resulted in a massive plunge. Soo, do I have good news or bad news for Solana? Well, it could be a bit of bothbut before we get into that its time for a sponsored segment of this video brought to you by our friends at Energi and like always, the details of our arrangement.
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So remember to join that decentralized referral program, as everything Energi is below Now its time to get back to the Solana Newsis it good or Bad Well, its a mixture of both., Beginning with the priceafter a very bullish week, pumping from 200 to 260 Solana started to DUMP when the markets were extremely bullish. Whats. The reason for the DUMP Well, a Fiskantes on twitter, explained it wellHe, said SOL dumping on the news that the Breakpoint Launch party abruptly ended at midnight … time when all good parties are just warming. Up. Solana doesnt know how to Party That tis a joke, but the real reason was a highly popular twitter post from a Justin Bons which accused Solana of some pretty nasty things.. The thread started out like this. In early April 2020, the Solana team stated that the total circulating supply was 8.2M. When in reality, the total circulating supply was above 20M Marking the start of a long series of lies, fraud, deception by SOL., WHich he dives into in the thread.. Now, the basis of the thread is Solana, wasnt, honest about the circulating supply to their community and investors and had a hidden wallet with nearly 13 million tokens.. Now I cant be the judge of the validity of this thread or what happenedbut. This is the reason for the SOL downtrend, But if it was true, you would think the SOL dump would be much harderright Well, there could be some really big news coming from Solana, as a finance, 1.
5 giant could be building their crypto platform on the Solana blockchain.. So, just a few weeks back, it was announced that Circle and Solanan were partnering to bring USDC to the Solana blockchain.. This was on the heels of the Centre Consortium, of which circle is a part of announcing that Solana would be an official chain for USDC.. It was all about USDC and Solanaand. This news came October, 23rd. Guess what happened just a week later, Paypal tweeted something very telling.. Their official account tweeted Stay Tuned for a Big Surprise, with a series of emojis. Dollar Bills: Big Eyes, Dollar Bills, Big Eyes, Dollar Bills, Big Eyes., You could take it as that, just Dollar Bills and Big Eyesbut. You could also look at it like this., The Dollar Bills Represent USD and the Big Eyes Represent, See aka USDC. Soo. Why Solana and Paypal, and not Paypal and Ethereum or another blockchain, that transacts USDC Well Dan Schulman? The CEO of Paypal was interviewed back in March of this year and was asked if Paypal would embrace Ethereum.. This is what he said. So the Paypal CEO said they were examining other blockchains with higher transaction speeds, who were more fit for payments., Sounds kind of like Solana doesnt it. Now. There is a bit more evidence that this Paypal, USDC Solana rumor, could be true.. One of the original Paypal Mafia members founder and their first CCO David Sacks was on a podcast where he revealed he was an early investor and held a BIG ole BAG.
So does this mean Im bullish on Solana? Fudge? No decentralization will win. This is just a centralized payment company, possibly going on a centralized blockchain. Im, just good at predicting whats to come.