Bitcoin To $85k SOON! Why The Bitcoin Bulls Are EXTREMELY STRONG RIGHT NOW! Bitc [5:01-10:03]

gap filling era. I want to see this seamy futures gap get filled and then I want to see Bitcoin set a higher low. For example, here at about 75,000, this would be an ideal movement. If Bitcoin is able to rally up to $84,000, it would successfully breach the underside of this correction, which currently has a bottom at 80k. It would allow Bitcoin to go back into the 80,000s for a time which would definitely help the bullish thesis. And then if we can get a higher low, for example, up here above 75k, that is where you would start to see the bulls gain significant power and we would start to call the bear market as over. And we would say that our thesis of Bitcoin going below 60k is no longer the predominant and most likely outcome. And so this would also just so you know if we did this, this would also lead to Bitcoin possibly breaking through the WMA, falling back to find support on it. Anywhere above 75k will do and then that bounce would be everything that we need to give a bull market confirmation. This is the exact same setup that we used around 25 to 36 back here at the bottom of the last bear market to confirm that the bull market was starting. We saw Bitcoin break through the 20 weekly exponential moving average, find support on it and bounce. When that 20 WMA started pointing up, that was very bullish. We broke through a key level of resistance and then set it as support. And if we see the exact same thing play out here where Bitcoin manages to turn the WMA facing upwards, as you can see it's flat. So this is a good sign. Obviously, if we can get it facing to the upside, that would be even better. If we can see Bitcoin getting support above $80,000 and above the 20 WMA and starting a new uptrend, that would most likely put $100,000 square on the crosshairs. And this also doesn't even include the fact that we are seeing RSI sitting up here at 47, which is extremely bullish, very far above the 14 interval moving average, very much getting into bull market territory. You can see during our last bull market, RSI would bottom out continually here around 45. We are now back above 45, which means that we are theoretically getting into bull market territory. When we look at the strength of the bulls, the MACD has crossed bullish. So all in all, we have a perfect setup to go into a bull market. The only question is whether or not Bitcoin actually will. And so that is what we are going to keep watching here on the channel. Is Bitcoin going to follow through on this incredible bullish thesis? Because if not, then the next leg to the downside could take us down to $50,000. So I'm going to continue bringing you updates. But what I will say is this, according to my analysis and everything that we've done, this is the single most bullish vent that Bitcoin has built over the last 12 months. This is even more bullish than the run up to 126K because that run up was built on exhaustion. In this run up, there's a very real possibility that it could turn into a bull market. But because we follow our principles, and ultimately, I want to keep you guys safe, we are not prepared to call a bull market just yet. Although that time might be coming sooner than any of us think. So we'll keep you guys updated. I want to give a big shout out to our new channel, Jeb McAfee Invest, because we just had an incredible announcement over there. You guys may know that I've been talking about an interview that we're going to do with David Nicolis, the founder of the Blox ETF, and in this interview that I just conducted less than an hour ago, he just announced a new memory ETF. That's right, a new ETF is coming to market, and he announced it on our stream. You can see the prospectus over here for DRNY. This is a fund that is probably going to have insane returns. Micron, Sandisk, SK Hynek, Samsung, all of these funds, all of these companies that create memory for the AI revolution, they have seen huge returns, and this fund is one that I'm very excited about. If you look at Sandisk, for example, I just took out a small position in Sandisk, it's up 2,500% in the last year, and it's still got a 4 PE ratio of 10. If you look at Micron, MU, these are names that he said are most likely going to be in this fund. Massive run, and even though they've gone on massive runs, the 4 PE is very, very small because the earnings are growing so much. As you can see, Micron, for example, here posting $24 billion of earnings, not long ago, that was $8 billion, so they're doubling, tripling earnings every couple of years, and David Nicolis and the Blox ETF creators over at X funds are creating a fund based on memory, which is the bottleneck as it pertains to the growth of artificial intelligence. They have trillions of dollars worth of parent companies like Nvidia and TSMC that are buying from them, and so this fund is one that I'm very excited about, and David Nicolis just announced it to the world for the first time in our video. If you want to get the alpha, I highly encourage you to come on over and check out this interview that I just did with David Nicolis, the founder of the Blox ETFs, got about a quarter billion dollars in assets under management, and also check out this video that I just uploaded yesterday about why I sold all of my spy eye for XQQI. Make sure to come and subscribe to our new channel at Jem McVeanVest because we're uploading over here once to two times per week. We just passed a thousand subscribers onto 2000 very soon. If you enjoyed this video, make sure to hit that like button, subscribe to the channel, share it with someone that you think might find value from it, and before I go, I do just first