 Hello everybody, welcome to the Sunday livestream. So just the thumbnail the title suggests We are way way way ahead of schedule and I want to take a look at some different parameters about what it was from the previous all-time high to having and also from the previous All-time high to two months before the having which is essentially rival rats. So let's just jump right in first of all I've been talking about this for for quite a bit because this cycle feels a little a little bit different And when I say that I mean just how far ahead we are and just how we actually flushed out the cancerous Cells that were the block five the Celsius and the FTX is And I think we're in the right right position right place right time like I say and we talked about this just about a week ago I said hey bitcoin breaks 50k we're way ahead of schedule. Let's take a look at alts and I was referencing what Dan Gamberdello says And just taking a look at the charts because people love to take a look at those And I can tell you that from back then looked pretty good then two weeks ago I said the same thing. I was like look we're way ahead of schedule something going on I think this might be a good time to actually lump some in that was when we were pre 50k I want to say 45 is two weeks ago Now of course when I'm talking about this I'm talking about what I should do not what you should do You of course are smarter than me You know your finance is better. I can't give a financial advice not your financial advisor or your dad So of course you do whatever you want to do having said that Something's going on because when I might take a look at things It's just I think just we're just way ahead So of course, I'm a big believer in the four-year cycles I know some people say it has nothing to do with what bitcoin does and it doesn't really matter and Don't buy it because it's all about a narrative And and the narratives push it and if people will tell you like oh, well, you know real world utility pushes the crypto market No, it doesn't it's hype and speculation. That's really what it comes down to and as we get into the the having You're going to hear about this on msnbc. You're going to hear about us on cmbc You're going to hear this on gah who knew you're going to hear on every publication You can possibly get your hands on and they're going to talk about the having the having the having And it's the same thing. It happens over and over again. This will be our fourth having going into it So again as a little refresher, I did a updated chart this morning and you can see that in 2012 We had a having then immediately after having we get an all-time high Next year if that is a dip and a reset then we go to 2016 having 2017 all-time high dip and a reset 2020 having all-time high dip reset 2024 having and you need to see as the chartologists like to say we're setting putting in higher highs Or whatever they say and I just look at this and I go price goes up looks good. I'm happy So when I take a look at this what I wanted to do because we've taken a look that we know how far ahead Here we are What I want to take a look at specifically was I wanted to say okay, what was the previous all-time high To the having and I want to take a look back at the other couple of different happenings And uh, or excuse me from the all-time highs to the next having now I can't do 2012 because you know it was it was the first that was the genesis four years there I know that doesn't exist, but I just said it What I'm taking a look here is the the all-time high from 2013 To the having of the next cycle because remember 2013 high So having 2012 all-time high dip reset another having in 2016 between those two spaces and you can see it's It's quite brutal if you wanted to hold on but she would have been rewarded handsomely Going up into 2017, but You were 42 down on 2013 November 29th was the all-time high. That was a 1,100 and 32 dollars for bitcoin To the next having and of course Yes, there was a quite a low from 2013 and 2015 below it went from $1,100 whatever it was to 172 that's an 85 drop. Yes. We know that We got it What I'm taking a look at is all-time high to the next having what was the price action 42 drop Not too bad But I mean not as bad as like 85 drop. So it did recover but just remember this number 42. All right Let's fast forward now. We go into 2017 the whole time high was almost 20 grand And to the next having in 2020 remember those times great times. Oh, it's fun times. Everybody's having a great ball We were just getting out of the the surveys of sickness the quantitative easing was going off without a hitch Drone Powell and the Fed Reserve were printing money like crazy and everybody was getting rich Good times had by all however Between that point in 2020 It was a 56 drop. That's a lot And then also as a reminder we drop 84. So things start to you know You start to see like a trend here 85 percent 84 percent It was 42 now this one was 56 a little bit more accelerated a little bit harsher of a drop from the high to the low Or not the low low, but the time at the having 56 percent interesting right now check this out Why say we're way ahead because bitcoin's never done this bitcoin's never been this low So between the point Of the all-time high Which was 67 700 of the last cycle in 2021 To the time frame today, which is 52 000, but rob How can you say that? Because we aren't even out of having Maybe that's just skewed numbers. Oh, no, no wait wait wait. It gets more entertaining So you'll think yourself 20 percent to bed and check this out If you take two months prior to the having because we're roughly about two months away, right? Roughly march april april 19th april 20th somewhere around there, right? If you take it from 2013 to two months prior to the having you're actually 60 percent down 60 percent because it was 1132 to 460 dollars It didn't get a six fifth. It didn't rally to 650 bucks and tell people like having it sounds good I should get in that And then this was this is what gets crazier. Look at this 60 percent again two months prior to the having from 2017 almost 20 grand To march 11th of 2020, which was 7932 now I could have went I could have skewed the results And used march 15th because bitcoin went down to below 5000 dollars Or no, maybe it was around 5000, but I was like nah, that's that's not I shouldn't do that because that's That's really messing with with the numbers because it'll be like 67 70 percent something like that I didn't want to Freak anybody out or get too super bullish. So let's just say 60 60 60 And what are we at? We're two months prior to the having And we're at 23 percent What do you think's going to happen? As we get into the having and everybody's talking about it We've got fidelity and black rock and all the different people vying for these ETFs. And oh, yeah, one more thing about that This was from this is a pretty funny account bitcoin monger Uh otc desks are getting drained of their coins now Honestly, I thought the etf would be big I didn't know it was going to be this big and we see that there's demand between 6x and 14x Of the 900 bitcoin that are being produced and mined every single day We've got thousands of bitcoin being asked for and used and snatched up by these etfs And it looks like it's not slowing down The voracious demand from etfs is going to lead to an explosion price pretty soon There's a bunch of Blah blah blah, but you're going to see here the otc desks, which is where essentially A lot of these etfs are you know Bringing in their their bitcoin potentially You can see that it's been a nice slow study drop since december As it goes down now Well, this is a completely dry up it's anybody's guess But it looks like there's a lot going on and a lot of people actually buying I don't want to make anybody too bullish. So let's just ran it in and say hey These are good times. I think you're in the right place at the right time Could we have world war three tomorrow? Sure? Could we have a this this recession a hard landing come in? In the next uh, you know in q2 sure we definitely could But this is just the data that we have today I'm sure there will be something negative and or positive tomorrow, but take the wind for what it is So let me just think about that in the comment section and there is one more thing just about How this goes Is You know we we took a look at all this stuff, but It's just amazing just one more data point, which is this We took a look at The cycle one as I call it The all-time high to the to the low in 2013 and 2015. It was 85 percent From 2017 to 2018 It was 84 and went from 19 700 to 3000 dollars 84 drop I personally thought that we would see around 85 drop And if we did that would have been a bitcoin price of around $10,000 Did not see that we only dropped to 77 So if we're looking at how far we are ahead and how brutal it's been quite honestly It hasn't dropped like it used to 77 percent to 85 percent still a long way to go Anyhow, let me just think about that in the comment section feeling pretty good. Let me Get off of all this bullishness. It doesn't feel right on this channel But there's a bullish story city bank I'm not a big fan of city bank or mostly any banks except us a I've had that since I was in the military I love that place But the city banks and the JP Morgan's the world I could Do without anyhow But one thing they can't do without is us city collaborates with Wellington management and wisdom tree to explore tokenization of private markets tokenization of private markets now Larry fink from black rock is who is the CEO Head of black rock on their nine or 10 trillion assets under management has said the next evolution for Finances, of course, RWAs are real world assets tokenization of those assets and moving things along City bank heard him and said hey, you know what we're going to do. We're going to use avalanche This is what we got. So the proof of concept Which was conducted on the avalanche spruce institutional test subnet on avalanche Found that smart contract capabilities could deliver new functionality and operational efficiencies And I was like, well, that's great. But uh, why so apparently private markets a 10 trillion asset class Let me say that again private markets 10 trillion asset class Are characterized by an infrastructure that is complex And manual with a lack of standardization and transparency Leading to inefficient distribution and operations, you know, the banks have had decades to fix this I don't know what they're doing. But apparently they want distributed ledger technology apparently with avalanche To bring them into the 21st century and oh, yeah This is the second one. This was on valentine's day february 14th And as a reminder avalanche actually did the same thing with jp morgan Not a fan of them and jamie diamond, but it doesn't matter. They don't have to be a fan of us For them to use what they know is going to be good And this was actually last year november 15th jp morgan's onyx, which is a centralized private permissioned Dlt But they still have to use avalanche for tokenized funds and avalanche jumped 14 at that point Which is why I believe in avalanche and the team behind it. We just had The head of gaming a couple of weeks ago And uh, it just makes sense. I mean if if avalanche wins great I got a little bit of that if ethereum is the next big layer one sure Solana or cardano or swi. I don't really care. I got all that stuff Or maybe just bitcoin who knows but uh, whichever wins I'll be pretty happy as long as it's in my bags And that's it for today. So look if you like today's video give it a thumbs up consider subscribing I mean we talk about it's time sensitive and it's only going to accelerate as we get into The halving which is should be around april 19th or 20th correct me in the comment section. That's it for today