 Hey, what's up YouTube? It's your boy Zeke the CryptoMiner and today I'm bringing you another video about Bitcoin. Bitcoin just surpassed $10,000 it reached all the way up to $11,000 at one point drew back just a little bit But today we're gonna go over. What is the happening exactly? What is it and how will it affect Bitcoin in the future? Will Bitcoin this Bitcoin have another drawback or will it shoot up further and we're in the bull market before it But in that you guys going ahead and hit that thumbs up button and let's get into it All right, so we're back. So let's go ahead and take a look at the cryptocurrency market Okay, Bitcoin is up a little bit today 1.07% at $10,833 it did reach $11,000 at one point today Everything else looking like had a little drawback today, but it was up on the 24 hour chart If we look at today's big gainers lamb lambda Where it's 15 cents shot up on 42 percent today It looks like a pump and dump. Just look at that chart right there. It looks like a pump and dump. Okay in His trade all right. So those are the big gainers for today The big losers for today is insight chain and ABC coin So, yeah, these are just oh Nio's now actually on some Nio is now 4.4 percent. All right. So these are just small Shit coins. All right. So, um, let's look at the market cap Okay, Bitcoin is up 1% today and the market cap is 326 billion 256 million 853 thousand and five hundred and eighty bucks right here today's volume is traded around 69 billion dollars. I love when Bitcoin volumes is traded around a lot I mean people are are actually exchanging selling buying and using Bitcoin and the BTC dominance is at 59% All right. So what we've been ready on let's get into the The meat of this video. Okay guys Bitcoin happening is bullish for every single crypto crisis So as you guys know when Bitcoin goes up Ethereum goes up like on goes up Ripple goes up everything goes on when when Bitcoin goes up So Bitcoin is the big dog with the Bitcoin dynasty over 50. What was it? 59% almost 60% guys All right. So what the Bitcoin having is I explained in the video is that once they started a number of Bitcoin is mine the the algorithm It pays out half of what it originally pays out When that's why it's called it happening it splits. So if it takes you 24 hours to mine one Bitcoin and now it's gonna take you 24 hours to mine half of Bitcoin So the payout ratio is non-dividing have was actually over time since 2012 has shown the history to Make the price of Bitcoin go in a bullish state So I leave a link down in the description for this read is over on ccn.com But yeah, every time Bitcoin have a happening. All right. So the first happening was in November 28th, 2012 and in this in the date that the Bitcoin shot up to this all-time high was December 2nd 2013 so the happening happening on November 28th, and it took 369 days for Bitcoin to reach a new all-time high. So Bitcoin price in 2012 was $12 and 31 cents per Bitcoin imagine Bitcoin is $12 and 31 cent Wow, all right, and then a shot up to all-time high in 369 days of 994 dollars and 21 cents with a percentage increase of 7976 bucks. All right, so if you had Bitcoin back when it was $12 and 31 cents, I Hate you All right, but Bitcoin did have a percent game of 7976 bucks since it's happening All right, the second happening happening in July 9th on July 9th 2016 in the reaches all-time high December 16 2017 this is probably the first time you guys ever heard about Bitcoin I know about it back then. It's probably you guys first time ever hearing about it back in 2017 but you didn't know about it when the happening happened back in July 2016 and it took 526 days for it to reach an all-time high. So Bitcoin back in 2016 was 660 bucks so it did go down from its all-time high to 994 bucks all the way back down to 650 bucks So it went all-time high and came back down kind of like what it's doing right now, right? And then it reached the all-time high since the second happening of 19,535 bucks and all some exchanges Bitcoin did reach $20,000 per Bitcoin with a percentage increase of 2,902 percent. All right All right now, let's get into the meat of it. All right, so it did go from almost a 8,000 percent gain to 3,000 percent gain from 650 bucks to $20,000. All right, so the third happening is projected to happen next year around May or June 2020. All right, the date of its all-time highs to be determined days so expected from the third happening to happen for me to reach its all-time high anywhere from 369 days to 526 days. So the shortest that it'll reach all-time high is 369 days and It could go all the way up to almost 600 days since it reaches all-time high. All right So now I'm the BTC BTC supply increase is going to increase by 656,000 compared to the two millions and the 1.3 millions that it was growing up So the price at happening will probably so it did go to $20,000 And we had a drawback all the way down back down to $6,000. I believe and it's holding above 8 is $9,000. So let's say Bitcoin is around $9,000 From the third on the third happening. Okay. Oh, let's be conservative. Yeah. Yeah, let's use 9,000 to 10,000 Let's just say $10,000 because that's where it is now. So let's just say that Bitcoin is around $10,000 where we at right now at the time of the happening. So let's type in $10,000 and let's say Bitcoin shoots up another 2,000 Let's say that's 3,000 percent. Let's say it shoot up 2.9 or 2.5 thousand percent. So that's times 25 So Bitcoin would be around if it shoots up to Point if it shoots up another 2,500% Bitcoin per Bitcoin to be worth around 250,000 $250,000 After the third happening happening around June 2020. So expect the price of Bitcoin to be around $250,000 somewhere late in the year 2021 I'm calling it now Go ahead put this video in your in your history. Hit the thumbs up button come back in 2021 to see If I guessed it right. So I'm calling for the all-time high the next Bitcoin Havinging to be the price of the all-time high will be around 250,000 I'm going to sell one of my bitcoins and buy a house a rental property a big one and probably flip it, but yeah, man If I'm gonna leave a link down to this CCN article down in the description Also down in the description if you guys want to buy some Bitcoin now I'm going to leave a link to Coinbase if you sign up for Coinbase you get a free $5 worth of Bitcoin Just for signing up and depositing $100 to buy some Bitcoin. It's very easy It's a very easy app to use All you got to do is link your credit card link your bank account and you'll buy in sale bitcoin straight From an app when you're fine. A lot of people ask can you sell Bitcoin? Can you sell Bitcoin? How do you sell it? How do you buy it? Well, just use Coinbase It's very simple to use. I'll probably make a video about it sometime in the future But yeah, that link will be down in the description too But yeah guys other than that, I was just giving you guys an update on how this is a very good read right here Very very good read in fact Let's go look at the charts right quick One of your charts bam. All right. All right. So this is the all-time chart This is where it reached the all-time high around $20,000 and look at that BAM. You see how it makes that Very predictable chart. I say it's predictable because if we go back before 2018 It's the same exact chart right here bam back in 2014 when it happened having went shot up Came back down and then bam shot back up to an all-time high of $3,000 and then it went back down and then Then that's when it shot Back up to this all-time high. So this little this big blimp right here It's going to look like that big blimp Right there and if you don't believe me, we could go all the way back to 2014 It's always a big blimp right there and then it comes back down It shoots to all-time high then it consolidates and then it shoots to all-time high then it consolidates And if we look back on it, that's the big that's the little b blimp in 2014 There is the little b blimp right here in 2016 And this big ass blimp right here is going to be another little b b blimp over in 2021 guys this big all-time high $20,000 is going to be very very tiny just like that over in 2021 so if you guys do want to buy some um Some bitcoin now just use the coin base link down in the description But yeah other than that, it's your boy Zeta Crypto I'm out and I'm out