what is going on guys Patrick here bringing you a brand new video today we
got another killer video for you guys full of information I just want to say
make sure you stay to the end of the video because I have some major major
announcements coming at the end so make sure you guys stay tuned for that stay
till the end of the video also if those of you guys who are near the challenge
you guys have no subscribe yet make sure to hit subscribe button down below as
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instagram at patrick course see no.11 i'll leave a link to it down below you
guys go ahead and follow that that'd be really dope so let's jump right into the
news first and only news article I have open for you guys is that Goldman Sachs
they said that bitcoin has potential to drop below a February low of five
thousand nine hundred and twenty two now first thing that I find wrong with this
art that I don't like about this article has potential you can say bitcoin has
potential to be worth $50,000 tomorrow it does it's of all time it could do it
if a lot of money came into it it could easily be worth fifty thousand dollars
by the end of the month right that it has potential to do that does Bitcoin a
have potential to drop of course Bitcoin has potential to job that just makes
sense and they came to this conclusion by doing technical analysis looking at
the supports of support line the resistant point and seeing where they
think it could drop below and if I just really quick do this for you guys it's
not very hard to do what they did so what they said is if it breaks below
9200 something which it currently is at but if it breaks below that for a longer
period of time the next support line is at 7600 something and after that it
could go all the way down to here this support line at 5,000 something
something something that of course that's how it happens if it breaks below
5,000 something it could go down to this support right here go down to 4,000 it
just makes sense that's how tank will now sis work it
could but the the fact that they're saying this out loud puts a few things
in my mind first thing he looks like they're trying to scare people it looks
like they're trying to scare people and this tactic we've seen used before and
something that I think it's possible that they are actually looking
to maybe pick a Bitcoin at a cheaper price and it's out right now um I know
with something as a volatile script our currency is newest cryptocurrency a lot
of new people want to get in but a lot of people don't want to get in at the
price of the tap right now because they're scared of the value going down
so what big institutions are trying to do with something I've seen before this
happened with Jamie Dimon before remember he said that you know bitcoin
was a scam was a fraud the price tanked and the next thing we know he at the end
of the year he was like ah just kidding I actually like it and it meanwhile
everyone in his firm was buying up a ton of it so this could be another one of
those situations they're trying to drive the price down to pick it up at cheaper
price because at $6,000 they know the price what could easily shoot back up to
ten and they made almost double their money pretty instantly into them that's
millions and billions and billions of dollars right so it means a lot to them
that difference and sad to see happen it is market manipulation but with
something as false as newest cryptocurrency it's not surprising that
we have that potential to manipulate the market you guys see pump and dump groups
have potential to manipulate a coin so yeah it's sad do I think it's going down
to the 6,000 level I don't think it's going down to 6,000 level a lot would
have to happen a lot of fun would have to come out this being a good start
though but I think we need a lot more than this to see Bitcoin fall below
5,000 922 it's not looking very likely anyway so let's jump right into the
cryptocurrency market not much has been happening the last three days I'm pretty
much saying the same exact numbers 371 billion dollar market cap with a 41.9%
Bitcoin dominance open markets haven't moved too much bitcoins held pretty
stayed the kind of bounce moved sideways which can be good it's building up
support at this point if anything so that is a good good sign before tries to
you know test all-time highs it get on test the resistant levels at $12,000 to
then move on to the all-time highs later so definitely a sideways movement can be
a good thing it doesn't mean we are looking for a break-in in a certain
direction so that could be up or down you know no one's really sure now I'll
show up at the end of the video obviously I tell you guys where I think
it's headed we do the technical analysis so stay
tuned for that as well also nem being one of the only cryptocurrency that's
currently up a decent amount and that again is because of them returning
people the exchange that got hacked the Japanese exchange that go hack is
returning them to all of its you know is refunding the nem that was hat so that's
why the price is now recovering and going back up finance coin seeing some
action up 30 percent in 24 hours I told you guys this is definitely one of my
favorite pics I definitely hold a lot of Finance coin and that is just for the
long term because finance is by far the biggest the biggest and my opinion the
best exchange right now I think a lot of people are gonna keep going to it a lot
of people are going to trade on it and by Dance come on using the finance
conduct gives you 50% off on the fees so people are gonna want to hold by an
endpoint and that's why I'm very bullish on it I think we're gonna see you know
when the market starts booming again people start trading more more like you
know buying and selling buying and selling more often I think buy-ins coin
is going to reap the benefits of that but other than that we see a lot of red
in the last 24 hours in the week we see just a substratum is up a ton I actually
had no idea it's up 23% today I told you guys about this coin as well Wow
it's it's not hard honestly it's not hard it's Genesis visions down a little
bit might be a good idea to pick some up it's not hard once you find the good
projects then you're going to see days like this right you guys know I made a
video a few days ago where I said substraight them is one of my top top
and it's been for a very very long time and a lot of other people agree a lot of
experts agree a lot of people a lot of experts say the same thing I know a lot
of other youtubers really like substratum as well it's a good project
it's only Frank 96 with 137 million dollar market cap so it has a ton of
potential to 10x and you know more your investment if it continues to do well
it's definitely one my favorite coins I've mentioned that several times in my
videos over the last who knows how long last month's at least one month I've
been saying it and here you go it's now you know
continuing to grow another coin that's been doing very well is n cash another
coin we talked about here which I'm very bullish on is n cash picking I picked
some up and a little bit over the as soon as I saw this kind of swing up a
little bit to the to two point one seven two point one cent mark I picked up a
ton and so I pretty much doubled my investment right now just off that so
I'm telling you guys MCAT has potential to 10x a hundred X maybe even a thousand
X meanwhile I'm over here already doubling my money in the matter of a few
days I'm not even looking at this because to me this means nothing I'm
looking at growing at holding nucleus vision for a long long period of time in
a one to two years just to see it turned into what I think it can turn into 2x to
me means absolutely nothing right now although it is great although it is a
few extra thousand dollars in the bank I'm not going to sell it I'm not gonna
touch it I'm not even gonna think about it anytime soon but again another
prediction that we made that is coming true obviously it's up right now it it
was up even more before it's having a little bit of a correction similarly to
substrate if it's going to have those Corrections as well it's all about the
long term play on this now here is a ripple I wanted to mention ripple on
today's video for one particular reason ripple is very cheap right now it's 78
cents it's very very cheap um it's been it's been having a lot of sideways
movement we inked we went up in price because of the hole coinbase rumor again
and i have a feeling that's not the last time we're going to hear that rumor that
rumor comes up every month or so and it pumps the price up so if you're waiting
for that rumor to happen again you know $0.78 mark might not be bad for
then it to pump to a dollar 20 again when the rumor hits it then you could
sell and make some quick profit off of that other things I'm seeing people say
is that ripple is gonna partner with Amazon and uber and airbnb which as much
as it could happen don't get me wrong and 100 percent could nothing has been
announced yet but that is the type of news that will cause a you know a coin
like ripple to pump similarly to the coin based on rumor its rumors like that
partnerships with Amazon and uber and airbnb that's going to cause the price
to increase and then drop back down again similarly till we saw over here so
maybe ripple is a good idea for a short term gain here I think 70 cents is cheap
I think I can't deny the fact that I think ripple has potential to grow in
this market where we're at right now as much as it's not my number one pick of
coin I think it does does have the potential which I can't count out but
just the fact there's so much rumors surrounding it all the time I think
makes for a very fun you know buy and sell buy and sell buy and sell type game
where you can make you can make a decent amount of return pretty fast simply by
flipping ripple when there's one there's a rumor and the price increases in
buying it when it's at these lows right now now if those guys have stuck till
the end I wanted to mention I wanted to make it announcement kind of here
so Tom vandala in our Facebook group I League links the Facebook group down
below he has been very active great guy and he came up with a great idea so On
February 12 this is already a month old I mean I apologize for taking so long to
get to this but he wanted he made a poll asking which new coin should I do a
review or price prediction on and you can and you can add your own coin you
can vote other coins and so on and what I've decided I want to hear what you
guys think of this and again you have to leave you have to tell me this in the
comments down below what you guys think of this I'm thinking once a week so say
Sunday Sunday will be the day I release this video doing a review of the one
coin sold right now this coin takes it by far it's as 23
people uploaded it so on Sunday I would do a review on this and then we would
create a new poll in the Facebook group and people can vote again for them the
coin for that week and at the end of every week I'll do a review on that coin
from the coin that you guys voted on so guys if you are not in the Facebook
group yet make sure to go joined I'll leave a link in the comments section of
the video in the pinned post I'll leave a link to the Facebook group I don't
know if you guys think that's a good idea
thumbs up should we do that I would love to do that if that's something you guys
are interested in now quick technical analysis just kind of seeing where we
are again not too much technical ass being done I did add a lot more lines to
the thing if you guys have not seen I'm just kind
of to figure out where we are so currently right now I took out the
200-day moving average because we were holding pretty steady at it it was
roughly at around this mark so what I'm looking now is a few different things
one we see a close of right here so we see the support when one of the supports
right here and one of the resistance is right here now I want to see you know
Bitcoin possibly break above this that would be very good that would you know
gain confidence the market and they're entering a bull run would be very likely
that's all good but yeah I drew this is this resistant and support that guys had
before I drew this new support and this new resistance here as well which is one
that bitcoins been following for a decent amount of time
not counting the break-up with the Brayton the moon we had right here and
then the correction back into it and now we seem to be trading within it again so
again this is if we can stay in between here this is a good sign it'll bring us
back up to a testing the resistance level right here at the twelve thousand
dollar mark which again once we break I think will give us the clear runway in
order to entering the bull run so I know there's a lot of lines I know it's very
hard to look at but all I'm saying is I'm still bullish on what I think is
going to happen in the near future in the next few days or weeks I know
today's a red day but guys it's a buying opportunity to pick up your favorite
coins on Finance or whatever exchange you guys want to use I'll just think -
I'll be linked to Finance down below but you guys can use whatever exchange you
so please guys that's gonna be it for this video though thank you so much for
watching I'll see you guys tomorrow for another video
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