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What’s good E.T Fam? Happy Wednesday to you all. I hope everyone is doing well. Things have been all over the place in not only the world of crypto, but in the regular world as well. There are so many foreign and domestic events taking place at the moment that I don’t know where to start exactly. We have an ongoing war that has put the world on pause.
We have sanctions to Russia that the US continues to develop. The price of oil is rising. We still have inflation to factor in. Finally, to top it all off, Biden is set to sign an executive order regarding crypto. The good news is that we’ve seen some positive price movement in the crypto market in response to all of the above.
However, we don’t know how long this will last or what exactly to make of it. So, today I decided to talk about the current state of crypto overall. We’re going to discuss where things have been since the start of the year, and where things could potentially be headed in the future. The truth of the matter is that no one can predict what happens in the immediate future with 100% accuracy, but we can make an educated guess. Join me today as I discuss what’s going on in crypto land. Talk to you all soon!
00:00 – Intro
01:22 – "When has everyone been right?"
02:24 – Biden to sign executive order
04:40 – Bullish leaks
05:17 – Bogeyman after bogeyman
06:03 – Travis Kling breakdown
10:37 – Bull and bear case
11:54 – Commodities explosion
13:38 – NFTs cooling off
14:37 – This is not the typical bear market
15:43 – Crypto cycles tightening
16:43 – No clear direction
18:48 – Outro
#nft #ethereum #defi #blockchain #crypto #cryptocurrency #bitcoin #btc #eth #news #protocols #sidechain #altcoin #nftmarketplace #opensea #cryptoart #protocol #altcoins #nonfungibletoken #dao #sidechain #layer2 #erc20 #erc-20 #token #coin
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
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Created by Sara Bauer and Richard Abermann
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Gotta love these POS In charge. Good to see you back brother
Love this title, I’m so excited to buy crypto going forward. I’ve been dormant for 3 mo, I’m back. No mortgages No car payments just investing in all the projects I slipped up on plus some new gems 💎
Much love Ellio!
Appreciate your reflection on our current state. Keep smiling!
Thank you Ellio. Great level review of the current market.
If Crypto survives Joe Biden, it’s past the moon and straight for Mars!!!
Care to share them gems? 😁
I love the honesty. No shilling. No hopium. Just strait up talk. Right on Ellio.
Quality content as always
Thanks for coming back! WE need you…actually you thought NFTs were going to go strong through February, it crashed right after you said that lol..
as always/ bom bom Elio
Survives it? His executive order shows he sees it has value. Trump hates crypto and has said so many times.
@N M said he didn’t like Bitcoin because it threatens the US dollar as a reserve currency. They all fear that but if they approach it this way maybe they will position the dollar to thrive with Bitcoin.
Seems that the market is being manipulated to the point where it just isn’t goint to go up to higher values. They will eventually strangulate this market. I think too many people are focused on the long term. There is no long term. The only thing left may be to swing trade.
Elio ain’t sarouman
This guy always has the right outlook on crypto, he’s consistently pretty accurate. He pulls up the news that actually has the most impact on crypto. thank you so much.
;;.
If they create a FED coin Crypto will be done.
We’ll done mate great info – keep them coming there much appreciated
Congrats man ! 👏
Good to see you back sharing your thoughts and wisdom from a nice place brother. Thank you 🙏
@Big Papi no way they can kill crypto in my opinion
Dear Elliot, many thanks as always!
One Love!
Always forward, never ever backward!!
<3
started when future ETF got accepted, any idea if that had an influence?
botted comment? 🤣
I think it’s not that bad. The crypto market is now starting to recover. I am saving my assets with Tether and waiting for changes for the better.
Good to see you back brother your info is much appreciated
Written, yes Klaus S. Is trying his best to cut everything down so he can take it for pennies.
The ones I want have gone up
Thanks Ellio. You are always a welcome sight in my YouTube inbox!!
As for NFT bear market – I dunno about that, all my favs are still hella expensive!!
I actually feel more bullish after the exec order. Cryto is relatively still a new sector compared with stock or real estate. No one would’ve even imagined the rate at which it is gaining traction globally. I don’t expect it’s acceptability to happen overnight. Apart from the fact that is a new sector, it is also trying to take economic powers from the centralized financial powers as we know it. The fact that it hasn’t been banned here at least, unlike other countries, still raises some hope. The govt shouldn’t ban crypto when they can’t refute the success of it’s impact on the people. If more folks like Mary Brigid Mullin should arise and make more crypto millionaires, which I’m a beneficiary, the govt wouldn’t be less convinced of how viable crypto’s future is and it’s impact in the now and future economy. My piece
It only gets bigger from here, with more miners etc….I read her about on the web. having more folks delivering like her means more new people entering into the market will feel safer considering the presence of too many bad crypto investments out there
Just suppose for a second that the first couple of regulations seem reasonable? Do you actually believe they’ll say “we did all we neeeed to do” stop there?
I’ve seen the secret memo these Bolsheviks wrote to themselves.
They don’t see crypto as a good thing that just needs a couple tweaks. They see it as a threat to their big government, world order.
Anyone thinks that any regulation is music their ears is nuts.