A MAJOR REVERSAL IS COMING FOR CRYPTO THAT WILL SHOCK EVERYONE!

waiting for Bitcoin to find some sort of bottom and then start a relief rally. And we of course know the all coins follow bitcoins move, So right now, bitcoins still hovering around the over soul zone. It's currently trading near sixty nine thousand dollars, so we're seeing a bit of an uptick here. It seems like there's a nice bullish setup that is happening on the chart, but of

course we got to give it time. There's no guarantees here, but I think we are due for a relief rally because we've been so oversold, in the extreme oversold in fact, based on the RSI both on the daily and the week, the fear and greed sentiment has been in extreme fear. I mean it's at levels we've never seen before the Fear and Greed index hit five, So it's rough out there. And look, this is a bear market obviously, right, as we've been talking about over the past week or so.

But even in bear markets, you do see strong counter trend moves, right, especially when the sentiment is so bad, the market always does the opposite of the herd. There's a lot of people depressed, they're giving up, some are calling for very insanely low prices right that go beyond the technicals and the metrics. And I do believe that there's a potential for us to go into the fifty thousands here. You know, it's not guaranteed, but certainly it's

something that could happen. So I do think we might see a relief rally first before we roll over. Now, how high that relief rally goes, you know, there's some strong resistance at around like eighty k or so I would love for it to break through there and go test one hundred, one hundred and one thousand, But there's no guarantee of that. We're gonna have to watch how this plays out. You know, I've told you guys that I'm personally looking at potentially taking some profits and bigcoin

hits the ninety thousands. I'm not selling all my bigcoin, just some taking some money off the table, and then continuing to hold and accumulate once we hit the lows again for the next bull market. So that's my strategy. Obviously, your financial situation may be different. Some of you may not need to cash out or anything. You know, maybe the best thing to do is just hold. Some of you may need the money and you have to liquidate. But you know, this is not financial advice. You've got

to do what's best for you. But that's just what I'm doing. A good sign on the daily chart with this little bit of a move. The bears are losing momentum. The macdich is getting from dark red to light red and usually it's about to flip green, so that could indicate a relief rally is coming soon. Obviously, the market has to prove itself and we have to let this play out. There are some things that we should keep in mind for or that could be catalysts and huge

narratives that could spark the relief rally. For example, the Supreme Court said they're going to announce on February twentieth, so just next week their opinion on Trump's terrorfs right, So will they rule that it's unconstitutional and they reverted. We're seeing there's some front running of that right where Trump and China and others are. You know, he's backtracking essentially, right. So this is not to get political. It's just the facts, right,

of what's been happening. People get very politically upset about things, but sometimes when you just state the simple fact of what's happening. But just want to make sure you guys understand where I'm coming from. So if there's a reversion of the terriffs, then the markets could rally significantly. We're gonna We're gonna have to wait and see how that

plays out. Not to mention, Trump has his feed shirt that's going to be you know, nominated soon and be put into office come May with Jerome Powell ending his tenure there, Plus you have the crypto market structure builds. So could these things all dovetail over the next couple

of months and then we have a very strong relief rally. Yeah, I think so, but you know, not guaranteed, right, guys, So I hope you understand that when we look at investing, we're looking at different scenarios and which one has the higher probability of playing out. So I do believe there's a high probability for a relief rally. Again, I think a low probability of going to new all time high.

So we'll see how this all plays out. Now. Over the past few days, you know, with a lot of volatility, Just so you guys know, a Coinbase actually went down a bit, so I was actually surprised by this. But they have resolved the issue and they said everyone's funds are safe. Obviously Coinbase is a legit, trusted exchange, publicly traded. I'm a user of the platform, but they had some issues.

And this is where I always tell you guys, regardless of which platform, I custody, the majority of my crypto assets on hardware wallets, and many of you know I use Treasure They make great hardware wallets. They actually pioneered the hardware wallets back in twenty thirteen. They started the whole industry and the building the device with the seed phrase setup and much more. And their devices, the new Treasure Safe seven is quantum resistant and top of the

line security and much more. And they support a variety of tokens, so obviously all the top coins such as Bitcoin, e Theorem, XRP, Solana, Cardano, doche Cooin, and much more, even new tokens like black Rocks, Biddle. They have a great software call Treasure Suite which helps you to manage all of this. You can buy and sell within the respective app on mobile as well as desktop, and they have a handholding service so if you buy the device, you can talk to a Treasure rep and they can

walk you through the process of setting it up. They don't ask you for your private key, so you don't have to worry about it now. Right now, they have a Valentine's Day sale going on where you can get big discounts, so you can get up to twenty percent on some of the bundles and much more. So. This is running to February fifteenth, so over the next couple of days, so make sure you check it out. You

can get a big discount and one of these devices. Again, the best way and the safest way to store your crypto assets is on a hardware wallet where you control the private keys. And one of the great features of the Treasure wallets is that their devices are open source. The code is open source, so it's out there anybody can reverew it. That's how much they trust what they've built. So if you'd like to learn more about Treasure, visit a link in the description and check out the Valentine's

They sale. Now. Guys, the CFTC has announced its members

for the newly formed Innovation Advisory Committee and it has some very big names like Ripple CEO, Brad garlingd House. You have a Dina Friedman chair and Sea of the NASDAC. You have Hayden Adams, CEO of uniswop Labs, Brian Armstrong's the of Coinbase, So this is really really great guys. You have Tradfi plus crypto firms involved in this, and I think this is very significant. It's analogous to what's happening with crypto and tradfy and the convergence we're seeing.

So great to see all these things are happening, and of course might see like the new CFTC chair is getting a lot done and he's collaborating with Paul Atkins, the SEC chair to get crypto legislation and clarity done. Guys. So this is really really great and we continue to see progress is being made on the crypto market structure, build dialogue and meetings and hearings. You know, most recently the banking and the crypto industry had their second meeting.

Democrats had a specific meeting about this. So while you

know it's a bit slow as molasses in certain parts of the process, we're still making progress overall. Right. The trend is that things are moving ahead. And here the White House Crypto Digital Asset Advisor Patrick Witt said today there are trillions of dollars in institutional capital on the sidelines waiting to enter the crypto market. So he's saying, once the Clarity Act is passed, it's going to unlock

that trillions. And I've been telling you guys that for a long time from people I've been speaking to in the industry and in the tradfi world. So there's a lot of capital waiting to come in. These firms that you know, they're making announcements that they're looking to do things. They're just dipping your toes. They're ready to plunge in. But you need the Clarity right because they don't want

to have problems getting lawsuits and all these things. We need the Clarity Act in place that these companies can go all in, and as I've said many times, this is going to lead to higher valuations of their tokens and their blockchain networks as you get more capital and building on them and investments in them. But first things first, we got to get the rules of the road in place. Now,

one thing that may hinder us is Donald Trump and his family continue to launch crypto products. On one hand, it's bullish, right, it's adoption. But on the other hand, as I've been saying for a long time, I wish he would slow down, wait till the Clarity Act is passed, because we see some people in Congress are going to call out the ethics right and in addition to other things. But I'm hoping this is not going to be a roadblock.

So Trump Backworld. Liberty financial will launch World Swap, a cross border remittance platform target getting the seven trillion dollars

annual four x market. So we're Liberty Financials of course crypto focused, right, so I'm sure they're going to use their stable coin us the one also Trump's Truth Social Files for two crypto ETFs, so Trump Media's Truth Social Funds filed with the SEC for two cryptocurrency ETFs, one for the chronos Yield Maximizer ETF targets cro plus staking rewards that's the crypto dot com token, and the other is the bitcoin in Ether ETF tracks bitcoin in ether

plus ether staking. So again, look, I'm not saying he can't, but just this is just horrible timing. It also has bad optics. Let the legislation pass and then you know, you can do your thing. Although I would argue it's okay for his kids to be involved in this, but things that are closely related to him that have his name on it and not a good idea. It's just

bad optics. And you know, I've been not a fan of the meme coins Milania and Trump meme coins, which are down like ninety five percent by the way, So those things I think hurt the market. So it's a double edged sword with Trump man. He's good for crypto, but he's also doing crap that is like hurting crypto, you know, in the eyes of the masses and even in the industry. So I wish he would just hold off, let the market structure pass, and then do your thing.

So hopefully these things don't pop up and you know, cause us to have a delay. Now, look at this,

Crypto Group counters Wall Street bankers with its own stable coin principles for bill. So we all know the banks don't want you to earn stable coin yield on platforms like Coinbras or uphold or wherever. Right, they want to keep as much of that money for themselves. They get their big bonus. As we know the game. We've talked about it at nauseum. Well, you know, the banks proposed

some things and now crypto industry is pushing back. So the US Senates Crypto Market Structure Bill has been waylaid by dispute over something that's not related to market structure

yield on stable coins. The Digital Chambers, offering a response to a position paper circulated earlier this week by bankers who oppose stable coin yield, the Crypto Group's own principles documents argues that certain rewards are needed on stable coin activity, but that the industry doesn't need to pursue products that directly threaten bank deposits business. So guys, this is not about you know, any type of risk. It's just simply they're going to lose those big fat bonus checks, right,

That's all this is about. And they want to keep giving you zero point zero one percent the breadcrumbs in your savings account. Right. They don't want to give you the majority of the yield that they're earning on the money you park at the bank, right, they want to keep it. So that's what this battles about. But we're going to see. I'm not sure what the compromise is going to be. Hopefully they do find it some sort

of resolution. It seems like both sides are willing to do something here, and the banks are starting to look bad because crypto on the attack, you know, highlighting this is them trying to screw the consumers, right, which they are. Frankly they are right, So we shall see. But great that the crypto industry is pushing back. Okay, Bitco, which

just recently went public a crypto custodian of course, expands its partnership with twenty one Shares to provide staking and custody across the US and EMEIA. So partnerships, acquisitions, mergers and companies going public, expansions across the globe all continue to happen. So this is really great. Look at this news.

This is big for h Bar. I am an h Bar token holder, so FedEx, many of you know the courier company. They have joined the HEDERA Council to advance trusted digital infrastructure for global supply chains. So this is really big. If you look at who's part of the Headera Council, it's pretty amazing. IBM, you got Google and many big names. They are working with some of the biggest institutions and headera is continuing to get a lot of adoption. Many Again, many of you know, I'm an

HBAR token holder. I'm bullish on it and I'm looking forward to it doing better in the next bull market, right because we know this previous bull market was lackluster, it was stunted, and and you know, we can go through all the reasons, but you know, we've we've kind of talked about it before, but to say the least, there was no all code season like we've seen before.

So I'm still bullish and I'm still holding HBAR. It's going to be one of the tokens I'm going to accumulate in the bloody bear market, right and when blood is on street, everybody's scared. So I'm certainly going to be picking this up along with XRP and some others and preparing for the next bull market. Okay, moving ahead,

check President signed a law removing capital gains tax on bitcoin after three plus years of holding. So this is really great and I'm hoping it sets a big standard that is copied around the globe because it will boots crypto adoption and it would be huge. You know of other jurisdictions started following through. But this is huge to eliminate capital gains tax and it's amazing three years a holding. See, if you've been a long term a holder, that's really

good man. So we'll see you know, hopefully the United States put something like this in place, that would be amazing.

And speaking of the United States, the Indiana Senate Committee advances HB ten forty two allowing state retirement funds to invest in cryptocurrency. So we continue to see states across the US are embracing crypto. They're not waiting for the federal government. They're passing legislation to allow their pensions and different things to invest in crypto. We know a handful

of states already doing that, investing in bitcoin ETFs. You know, they're buying like the Blackrock bitcoin ETF and much more so just incredible, incredible. What's happening again? You know, right now the prices are down, it's bear market. Everybody's frustrated. They kind of pissed off of how the previous bull

market ended. But I still see so much adoption, so much building, so much investing, And while again this past market was a lackluster, I do believe that once we get the market structure in place and you have all these things coming together converging, it's gonna you're gonna see a massive I think the super cycle ball market. And I'm not saying that just out of hype, just what I'm actually seeing the factual things now right and all

the building. I mean, if you just look at what happened in Q four, aside from the price action, we had some of the biggest adoption news ever ever ever. I mean, it's incredible. All the banks are here, the stock exchanges, they're looking to go twenty four to seven. They're integrating blockchain. You see, Jamie Diamond has capitulated. He's no longer trashing crypto. He's like crypto and stable coins and blockchain are all real and YadA YadA, Right, every

last naysayer is capitulating even Vanguard, So there's nobody. There's no detractors on the big institutional side now in the media and you're you know your Peters Shift and some of these other guys, Yes, but you know they're nobody. You know what I mean right, What you want is the companies that have the capital, that have the network, and they're all here and the last ones have capitulated Morgan Stanley and Vanguard has mentioned. So I'm excited for

the future of the market. So don't be dismayed, don't be depressed, don't think Crycto's dead, don't fall for it.

I've been here from many cycles, guys, and I've seen it all and seeing them even worse with FTX collapsing, where I thought the market might not be able to come back, and it did because markets are cyclical and regardless of the narrative and who got flushed out and whatever, they will rebound, especially when you have technology that's going to be part of the fabric of the markets and governments and economy moving forward. I've been saying it it's

all going to run on blockchain rails. Anyway, guys, that's the news. Let me know what you think. Leave your thoughts and comments below. Hit the thumbs up buttons subscribe if you haven't as yet, check out my newsletter on substack. It's one hundred percent for you. I should be putting out a write up pretty soon, so you don't want to miss that one to include a lot of chart analysis and things of when we may see a relief

rally and so forth, So check it out again. It's one hundred percent free, and be sure to grab a copy of my book on Amazon. It's available in paperback in digital. And check out my course at mycryptocourse dot com. Folks, thank you so much for tuning in. I appreciate you all, and I'll talk to you all later.