 Welcome to Digital Asset News, the top stories in crypto and bringing on a bite-sized piece is today. Just like the thumbnail suggests, I'm feeling pretty bullish and it really comes down to two different charts. So we're going to take a look at those two charts and we're also going to go over an old adage, which is sell in May and go away and I'm going to add this in as far as September. Also we're going to take a look at the exchange reserves. Don't sleep on Cardano as they have an upcoming event that's going to be pretty big, which will happen in two or three days. And then lastly, we'll take a look at unstoppable domains and the pie cycle top chart. So first of all, hey, it's a pretty good day. It is a Wednesday beautiful day out here and I can just tell you right now that as far as like the turnaround, it's been pretty dramatic. We're almost hitting two trillion, we're up 4%. Not that it's like huge type of thing, but I mean, I'll take any good news today. So 1.94 trillion market cap breaking on hopefully that two trillion Bitcoin price is 43.2. And then across the board, everything's up. So if you happen to take advice from some people around you and bought the dip, congratulations, you're a winner for today. So again, Bitcoin 43.2 Ethereum above 3,000, barely 3,021, Cardano is holding a 2.20, Tether is Tether only cares 3.72 for Binance coin and so on and so forth. So it's looking pretty good so far. Also using trade the chain for a sentiment analysis. And then for the projected range for the next things, if you're a big trader, take a look at DIA arm, our weave. I've been hearing a lot of great news about that one, Quant, Troy, Voyager token, number five, crazy. So that's what's going on in the market. Let's just break into what I've say is like today's top story. So today there's an old adage that comes out and talks about it says, selling man go away. And what that means is in the traditional markets, nothing really happens too much in June, July, August. And then everything kind of hits us around after September and Q4. And that is kind of holding true right now for this year. And there was this chart that I was privy to. I think I saw it on Georgia's channel first and it was pretty interesting as far as like what is going on. Let me move this up just a little bit so we can all see it. Ah, right. There we are. And what we're looking at right here is the Bitcoin monthly returns and the thing that I really want you to notice right now is, well, September, essentially. And if we can take a look at September, it doesn't look that great. I mean, if we're looking at the last eight years, 1, 2, 3, 4, 5, 6, 7, 8, 9, excuse me, nine years, you see that September is a pretty awful month. Just like what everybody's been talking about for the longest of times. Only two years, this was in, what is this, 2014, 2015, was it positive? But then I want you to notice something else, October, November, and even December. See how great October is? It's only had two down months in the last nine years as far as a Bitcoin price. Then November, even better, pretty darn good. And these are like stellar returns, 449% back in the day, 12%, 53%, 42%. Now again, past performance does not indicate what could potentially happen in the present or the future. So just take that with a grain of salt. But in all honesty, I've always felt that things could really happen in Q4. However, I'd like you to take a note, I want to bring it back over here. And this is, I want you to take a look at January, February, and not really March. March is kind of a bad month. It's mostly, mostly red. But you see January, usually, January is not a great month traditionally for Bitcoin. I mean, there's a lot of talk about elongated cycles. So if we say, okay, well, January might not be great. So maybe we do some bumps and bruises and whatnot. Maybe in February, and in February again, only two down months. And then March, maybe not, who knows. But again, I think that just looking at this in the past looks pretty darn good, which leads me to my next point. So that is the first chart that has been pretty bullish. This is my next one. This is from CryptoQuant. I thought I found it quite interesting about what they're doing as far as on-chain data analysis. And if you take a look at this, it's kind of confusing. I mean, not really. But you got Bitcoin, all exchange reserves, meaning all the Bitcoin that is being held by the exchange so they can sell it, right? And then that is in this blue line. And underneath here in the gray line, that is the price in US dollars for Bitcoin itself. See, there's a big divergence here between here and the price. And then all of a sudden, as the exchange reserves drop, meaning people buy it up or they move it off the exchanges, that means that there is still the same demand or even more so. But there's not enough supply. And then all of a sudden people are like, what happened to that little Bitcoin? And then before you know it, everything goes sideways, price goes up, and it converges back again. And then down we go. And take a look at this. I just made this little graph to make it quite simple, which is again just on the left-hand side. Really what's happening here is accumulation. Really the buying, taking it off or just taking it off, but they're accumulating, they're putting in cold storage, they're taking it off the exchanges. So what does that do? Price increase, there's a lot of sell pressure. And I want you to notice right here on the far right-hand side, because you can see what happened here, divergence, right? We got a lot of accumulation, price kind of starts to go up, then it kind of goes sideways, there's a little bit of action here and whatnot. And then what's happening again over here, we're doing the exact same thing. Well, we are accumulating, the price is going down, but guess what happens after this big accumulation happens? Big huge price spike. So that is the data on-chain analysis as of September 2021. So I'm thinking it's pretty good. And that's not the crazy part. The crazy part is it will even go forward and we take a look at what is going on with Ethereum. Take a look at that. That's insane. So again, all the exchange reserve as far as Ethereum, look where things are going. Just down, down, down. Now news has something to do with it, but if you're looking for some fireworks, again, I think there's some pretty good days ahead of us. Can't tell you exactly when, because I'm not Nostradamus or I have a crystal ball, but I think for me, I can't tell you what to do. It's just financial opinion, not financial advice. I'm just going to stick around and watch some fireworks in a month or so. And that's what we have in that section. And then lastly, I'm going to sort of bring up one little piece here, which is called the Pi Cycle Top. And what this is, is it's something I talked about before, and I haven't really given much attention as much as I should, but I'd like you to start tracking it about what's going on. So what is this? Well, first of all, this is a pretty good indicator. The Pi Cycle Top indicator has historically been effective in picking up the timing of market cycle highs two within three days. It's pretty good. Pi Cycle Top is used to indicate when the market is very overheated. So overheated at the shorter-term moving average, which is the 111-day moving average, which not to me we'll talk about, has reached a times two or X2 multiple of the 350-day moving average. Historically, it has proved advantageous to sell Bitcoin at this time in Bitcoin's price cycle. So again, let's take a look at just how accurate it is and how many times it actually has been actually gone as far as the data itself. So if we take a look over here, so again, the down here, the 111-day moving average is this in orange right here. And the price of the 350-day moving average is in green right here. So when these cross, when this cross is over, orange over to green, that's when everything is overheated. So how many times has happened? Well, here's the price in dark blue, navy blue, what do you want to call it? This was in 2013, okay? And this is when it actually crossed over. And guess what happened? Boom, went down and it just dropped like a rock. And then nothing, not too much happened, maybe you want to kill a little more. And then over here, look what happened. It hit a top and it crossed over and then it started to just wane and go all the way down. Let's move over. That's only two times and it's only in 2013 as a matter of fact. So here is the third time. The third time this happened, it happened on, oh, look at that. That is right around 18th December, 2017 and here's the price up here, 18,000, oh, 19,000, pretty much the top of Bitcoin in 2017. That's pretty good. And then it hasn't happened again until right around here, which was 15th of April or so, when Bitcoin hit 63,215 and it crossed over and here it is. And now we're back over here. So if you're looking for some kind of indicators, I just gave you three. And maybe this one, you might want to take a look at a little more closely. Again, not financial advice, just financial opinion. And that is what is going on with Bitcoin and why I'm feeling pretty bullish right now as far as what is going on in this space. Let me know which thing about that in the comments section and let's finish up with a couple of things of let's not sleep on Cardano, shall we? So news moves and markets sometimes, not all the time. But there's a pretty good information of a summit coming out as far as the Cardano Summit 2021. And it happens on 25th to 26th of September. I'm not sure if this is going to be a catalyst for price action. But if there are some pretty big announcements in this summit, then it will be a major mover for Cardano. Maybe there's a cooperation between a couple of countries in Cardano, or maybe there's some big huge announcements with smart contracts. I'm not saying there is. I'm saying, but if they do make these announcements, this would be the summit to watch out for because Cardano has been a pretty big mover year to date. And what we've got here, as far as what is going on itself, you take a look at, it's crazy. It's an in-person and a virtual. They got seven virtual worlds to explore, avatars let you talk to community members from around the world. That's pretty crazy. Exclusive videos from keynotes to major news announcements, updates and interviews on community showcases, limited edition NFTs to collect. And yes, NFTs are already live on Cardano. The summit is for two days. The content is an eight hour of blocks, and it's repeated three times in a single day so different time zones can experience all the news. So that's pretty good for everybody in Europe and Australia and the Asian countries. So go right there. And then again, seven worlds to explore, free to talk. And this is already sold out, but if you want to attend virtually, you can't go there in person. I mean, you can, but you got to jump to some hoops. Just go to summit.cardano.org, put your full name and email and they'll give you a link and you can watch all the stuff that's there and even the, I think the replays as well. So I will link that in the description. You can check that out. And that is what is going on as far as like, with Cardano, don't sleep on it. Oh, and also, there's one more thing I want to talk about, which was GitHub. So I know people give Cardano a bad rap because like no one's building on it. There's not really much going on. There's this thing called proof of GitHub, which it just kind of just gives you an update about how much activity is going on. Not that this is like the end all be all type of information about like, oh, they're doing this stuff. It's just the amount of work that's being done. And I would assume they're doing a ton of work right now because the summit is coming up, but if you take a look at this, it's, you know, like, hey, as far as like all the projects, GitHub development activity, you got Cardano's number one, Kusama, Polkadot, Gnosis status, Ethereum number six, Solana number seven, Chainlink number eight, and the new new darling of the block Cosmo. So there is some activity going on. Smart contracts are happening. And then of course, if you're Mike Novogratz, nobody he knows works on Cardano. All right. So sure, whatever. And then also the friend James goes, maybe you should tag Charles. I'm like, James had advanced answers. I think Charles already knows what's going on. So that is what is happening as far as like for Cardano. And I think there's better things ahead. So let me know what you think about that in the comment section. And lastly, just want to finish up with unstoppable domains. So if you don't know, unstoppable domains is where you can register your a non fungible token, your NFT site, or you can actually purchase your site, your name, your whatever else. And to me, there's two things. Like I purchased my name dot crypto. And then I also put Dan teaches dot crypto. And then I've also registered some other premium ones, like with stem cell therapy and things like that. Dot, I think it was dot coin. Now it's got crypto as well. So there's that part of it. And also, I think it's like one of the best things to do as far as like in the future to future proof yourself. Because, you know, as time goes on, this is, I'll just show you the graphic itself. This is what I think is going to happen when you have like a crypto address. And so instead of like going, hey, what's your address? I can send you some Bitcoin. Oh, it's zero, whatever. You can say, hey, it's Rob dot Smith. And then they can just send it to you. And that's that's essentially your your crypto address. So there's that part. And also their big announcement is this is that trust wallet is the first wall to fully integrate all 10 of our domain endings. Because you can get a domain of crypto dot zil dot coin dot wall, blah, blah, blah, everything around there. And the big knock on this is that, like, I would like to build a website. Unfortunately, with unstoppable domains for these NFTs, I can do this. And if you are using a brave browser, you can go right to my website, right? Dan teaches dot crypto. If you have using opera, you can go right to my website. But if you're using Chrome, Firefox or Edge, I guess that's Microsoft's thing. I don't even know what that is. Then you can use, yeah, I know it's Microsoft. Sorry, you can use your NFT and you can build your website. But for these right here, these three, you have to have a extension. So you have to download this thing from Chrome and Firefox and work it, which kind of sucks. So there's some big things around the corner. And I'm not privy to all the information, but I know that there is a bunch of big announcements coming up. That's all I really know. So it might behoove you to take a look and maybe get your name or something like that to purchase as far as an NFT types of things. And also remember, there's no renewal fees. It's like a one and done type of thing, unlike me, where I have to pay my domain every damn year, but whatever. And that's what's going on. So look, links in the description if you want to use that for unstoppable domains goes the right place and all that good stuff. But that is it for today. So look, if you stuck with me all the way to the end, I first want to say thanks so much, I appreciate it. If you like this video, give it a thumbs up, give it a like. Also consider subscribing. Everything we talk about is time sensitive and that'll do it. So thanks so much for watching. I appreciate it. I'll see you on the next one.