 Welcome to Jalassette News. Take a top stories and Cryptocurrency Jalassets and break them down into bite-sized pieces. Today, I just want to talk about one thing. We did a live stream today on the Alex Maschioli Show and it was all about what the CEO of Voyager said as far as the price prediction for Bitcoin. And we'll get into all that but let's take a look at what is going on to make this relevant. Well, first of all, Bitcoin went bananas. It is 11 a.m. here, El Paso, Texas time. It is January 2, 2021. Congratulations, we all made it. And Bitcoin went up 13% in 24 hours. That is crazy. 7 days, 33% and it's about to hit 33,000. And if you're just waking up for wherever you are, good morning. Also, it's a crazy day and everything is going bananas ballistic as what it is. So really, the big question I have is not that this was happening because we all knew it was coming. I mean, let's just be honest. I mean, there's no little mysteries here for you who have followed me on the channel. I've always said this is going to happen and I thought 2021 was our year. I didn't realize that, you know, 48 hours after getting into 2021 would actually be here. But here we are. The real question is where are we going? How far is Bitcoin going up? Is it going to be a huge retracement? Are we going to go to the moon? Is it going to be a million dollars? Well, when we were going through this morning was just unbelievable. And I got a quick text from Alex. He goes, hey, can you jump on the live streams at shore? And we came over here. And it was a bunch of big guys, big name haters. Of course, Alex over there on the top left, you had Ray Youssef, who's the CEO of Paxful. That is a peer-to-peer Bitcoin trading platform, really heavy into Africa, which he says is going to lead the new Bitcoin revolution. And what he was talking about, I can totally see why. You've got Alex Faisle here from Kryptonites. He's also the Chief Partnership Officer over there at Swissborg, which is a brokerage, mostly, you know, in the European Union or EU. Ryan Gorman, the head PR guy for Alex. You've got John Agerian here. He's the MSNBC analyst over there. Either MSNBC or CNBC. I always get that confused. And he's also CEO of Market Rebellion. James Andrew, CEO of Global Aquidity, which looks pretty funny right here, because he looks like he's yelling. It looks like John and Ray and Steve are like, what the hell? But now it's just the way that they're angled. CJ Me and Steve from Voyager. And it was just an interesting conversation. I got in there a little bit late and they were already hot and heavy into what was going with Bitcoin. But the question was, and it was a good question by Alex, he goes, look, is 100K on the table anytime soon? And where are things going to go? And what Alex or what Steve said here was it just made me go, oh, okay, well, now I kind of get it. So just take a listen. Where is the next? Is it unrealistic for 100,000? I want to go to the group for this, but, you know, everybody here, are you feeling bullish about 100,000 by the end of 2021? Are we going to see that rise? I'll jump in on that. I know my chief operating officer does a ton of technical analysis projections. A lot of people following him. I mean, I think 100,000 might be low by the end of this year. I think we're projecting 200 plus just on this. And we're really bullish clearly. But he's just done the analysis and he keeps looking at the technicals and comes back to that, you know, 200,000 plus number. So yeah, I mean, he's got his analysts working on it. I mean, remember Voyager is a pretty big company. They're really coming up. So when he talks about 200K, like he says it's so casual. Like, yeah, it's just a matter of fact, 200K. And then Ryan here is going to ask the pretty important question, which is, well, how do you get there? How is that actually possible? What do you think is behind that? Like, what will support that? Like additional retail adoption through PayPal and other channels? Or is that mostly institutional revenue? I think it's a little of both actually. I think the institutions are coming in and we haven't seen the real big wave of that yet, right? So we've seen some guys come in. I think the likelihood of an ETF late in the year is somewhat likely. It's better than it was in the past. I think there's starting to have some regulatory clarity in certain things. So I think by the end of the year, we'll have more of that. So I think you're going to get a lot of institutional parties coming in more than we're seeing today. Retail guys coming in and 32. And then all of a sudden, you know, and the retails keep coming in on this because it's an investment they can feel comfortable making that maybe they couldn't six months ago. So that's interesting. So what he talks about. So first of all, how's it going to get there? Well, it's because of the institution and the retail. And why is it so much for the institutions because of all the rails that have been put in place so that the institutions can actually get as far as an in-road to make it into our cryptocurrency market and start to really put a lot of money down. And we've been talking about this on this channel for quite some time. So you've got actually two powerful forces on one side. You have the institutional investors and we just saw like a scary moochie come in and say, you know what, we're going to do a fund. And then you're going to hear about John and Jerry. And if you I'm going to link this video in the description, you can watch the whole thing. Because John here is even talking about doing his own top 10 crypto fund. So you have this one side, very powerful. All these institutions coming in and going, we want to put a lot of money into it. I mean, we just saw that with, I mean, micro strategy kind of kicked off the whole thing. Nobody wants to be first, nobody wants to be last, except for Michael Saylor. He's like, I'll be first. I don't care. And then in he goes and he's like super bullish. And then people are like, I should follow suit because guess what? They put a billion in and they got a billion out. So they're at 2 billion in profits in four months. So why wouldn't you do that? On the other side, we got retail who has more inroads than they've ever had before. And not only that, you just got PayPal to come in and say, hey, look, we know you don't know anything about this, but here's cryptocurrency. So you can buy cryptocurrency just like it's just treated like money. And what's different about it is that your dollars, your euros, your pounds, won't go up in value, but this will. And guess what? You can use all this cryptocurrency and you can start to spend it on all the merchants that accept PayPal and we'll take all care of the rest. So they don't know in the background what's really going on. They just know, hey, I just bought some Bitcoin, Bitcoin cash, Ethereum, Litecoin. And it went up, it like doubled in like a couple of weeks. And I'm able to use this as money. Wow, this is way better than my cash, euro, pound, whatever you want to call it. So I'm just going to keep using this stuff. I don't know what's going on, but I'm going to do it. These are two powerful factors. And you take that on top of the fact that there is a diminishing supply. It's game over. And I think we just won. So there's two more pieces I want to play. And one is that Steve was talking about an ETF, which I'm not holding my breath, whatever. And Ryan asked a pretty good question. And then these guys are all insiders except me. I'm just the only MOOC just stand around going, what the hell am I doing here? And I'm listening to all these guys who are really know what's going on. And Ray's going to make a really great point in a bit. So I want you to listen to these two comments here. Regulars were concerned about back during the last round, the BTF, the 20 TF of applications was the unreliability, the lack of reliability in market data and trading activity. I don't really think that's been solved though, right? Like, sure to a degree, but there's still a degree of market manipulation as well. And you can't really rely on data from all of the top 10 exchanges. So I just, I don't see a Bitcoin ETF being approved anytime soon, unless something drastically changes in that aspect. And it's a great point because it won't get, and Ryan's right. It won't get approved by the SEC because they will not approve an ETF because there's so much manipulation going on. And the answer here is pretty good from Steve, but what Ray says in a bit is going to make you go, oh, well, that's it. It is what it is. So we got to be careful. So let's just take a listen to this. And again, this is why I like Alex's channel. I highly recommend you look at it, check it out because it has these insiders who are in the institutions telling you exactly what's going on. I mean, look at this guy. 4,000 subscribers. 4,000 subscribers. He is 100K. He's a 100K sub-channel just for the guests that he has on. Listen to this. I was going to say, I'm curious what the rest of the group thinks as well. I just, maybe I'm off base here. I just, I don't see what's been solved in that arena. Can I ask you a question about that? Is this the claim that the actual order book data and the trade data that we get pushed out via their official feeds is not actually the real record of what has occurred? Correct. Yeah, like you have watch trading and, you know, just order book thickening and just trying to make the appearance of the liquidity that isn't there, at least show up there. And that's the problem, ultimately, that regulators have with deploying ETF applications. Before Ray starts talking, I'm just going to let you know that the audio sucks because Ray is having breakfast. I think he just popped on. I think he's in Miami or something like that. So just, I will try to work this out in post as far as editing, but the audio is nothing great, but the answer he gives is great. You know, it's true. You see tremendous manipulation on centralized exchanges, everything from stale orders, mapping, spoofing, layering, front-running, back-running. And even in D5, you still have the same back-running on front-running, but instead of the centralized exchanges doing good, it's the miners that are doing good as well. So these continuous-limit order books, and even these interval batch auctions, as far as D5 goes, are highly, highly manipulative. In fact, it'd be easy to say that Bitcoin is probably the most manipulated asset class in the world right now. I don't know how it's gold and silver with rank, but since they're highly manipulative and kept down artificially by fake shorts on the forex every morning, this is not my area of expertise, but we all need to be conscious that these things are happening and we need to use OTC activity as kind of a hedge to what's happening in centralized exchange land. I think that's where a lot of the insight we get from guys who run their own brokerages or own OTC bets can be very, very useful. So let's all keep that in mind, because we as insiders do have a responsibility to keep the guys in retail safe and give them a bit of the truth about the worst-colored gases. Yeah, that's right, Ray. Yeah. Because it's not like anybody else is helping us. So, I mean, that was a great answer. I really appreciate that. I like Ray. He seems like a great guy. Doing a lot of great things over there at Paxwell. So that was essentially it. I just want to remind everybody that take it with a grain of salt. I mean, I do believe that I always say Bitcoin's 150K. So Steve here and his analysis team, they think it's going to be 200K. Sure. I hope I'm wrong. I hope Steve's right. And I hope other people are right that it actually goes up above that, but who will know? And then real quick, that little background that Alex has got, that's Trade the Chain. And if you don't know Trade the Chain, it's a sentiment analysis website. And it's only one of four cryptocurrency companies that has a direct API into Twitter. So it goes through all these millions and billions of tweets and just gives you like a sentiment analysis of what is actually going on. I personally think that news moves the market. I don't think that it's sometimes a lot of other factors. I think news is the bigger thing right now because our market is so small and that's what's great about Trade the Chain. So the website's real cool and it breaks down a lot of great information. And like I say, it's sentiment analysis. You have technical analysis, fundamental analysis, and now you have sentiment analysis. And it kind of works all together. I think this one, though, I think is one of the most powerful ones. And what's great about this is that since it crawled all these different blog posts and websites and Twitter, it actually gives you alerts to your phone about what is going on through the Slack app and you get stuff like this. This is the most recent one. And it was the graph cryptocurrency. They got listed on Kucoin. This is on December 18th at 5.19 AM. This is when it was actually alerted on people's phones. And then in day, actually in what? Within 24 hours, 28 hours somewhere around there. It went from 18 cents to 56 cents. So if you would have got the alert right here and you would have known about it, made a little bit of a trade, 211%. Now, of course, you're not going to always, you know, grid it out this point and sell at this point. But it's just one of those things. It's a powerful tool that you can have in your arsenal if you like the trade. So if you're looking to trade the chain, just look in the description below. There's a specialized link. You get a 14-day no questions asked refund if you want to check it out and all that good stuff. So just check that out right there. All right, so that's it. A lot of things are going to happen this weekend. I think we're going to see some fireworks, especially going on in 2021. I mean, look where we're at right now, two days in. What do you think can happen the next, I don't know, in June or July? I think it's going to be huge. Anyhow, thanks for watching. I appreciate it and I will see you on the next one.