what is up everyone welcome back to the Crypt Blitz your home for your crypto fix I'm your host rle V Winkle hopefully everyone's having an amazing Sunday hopefully you're enjoying some amazing football games maybe you're out the pool taking a walk you know just enjoying the weekend you know I am look in this video we're going over a lot a lot of xrp charts a lot of breakout scenarios a lot of ta that's lining up we're going to talk about Bitcoin where it's currently at what the TA analysts are saying are we going to experience our next push-up in Bitcoin which is going to indicate to us once we break 74,000 that the Bull Run is on that it has started I think we're close folks so without further Ado sit back relax and let's jump into with Bitcoin $6,279 is currently up 86% in the past 24 hours ethereum coming in at 2,417 is currently down .2% in the past 24 hours usdt and usdc both coming in at their dollar pegs as xrp is coming in at a mean lean 587 so close to the old important number 589 it's shown a little bit of r on the past 24 hours down1 12% total cryptocurrency market cap 2 trillion 1119 billion I'm check this out and Z's like so Mr 589 we meet again isn't it crazy you know you had a bear come out like 6 years ago talking about 589 and it just seems like xrps of magnet to0 589 only we can move that decimal look I'm not being greedy if we move the decimal one place to the right $589 I'm with it if you want to you know you want to be uh spoil us I'll xrp hold us move with two spots even give me a $58 xrp I'm not going to complain about about that I know you won't either how will Central Bank digital currencies play a role in the reset in the reset what's coin Telegraph talking about listen to this clip everyone in terms of the digital kind of transformation technologically with Central Bank digital currencies in terms of that 95% of central banks around the world are exploring and whether in development or doing research on deployment of Central Bank digital currencies and we're seeing you know a China Leed block and we recently saw Saudi Arabia come in with project embridge what's your stance in terms of how Central Bank digital currencies will play a role in terms of the reset that you've really EMP emphasized over the years so first you have to understand the motivation the motivation is to find a mechanism most countries are trying to find a mechanism to operate outside of the US dollar system and there have been lots and lots of conversations about how that's going to happen you know there's been a conversation about a bricks currency which I think is possible and I but I think it will take quite a bit of time for that to evolve there is a much simpler easy approach that is being employed now you mentioned the mbridge project if you haven't heard about this it's been a pilot program that's been run by China Thailand the UA uh for the last 3 four years and how it basically works is that each of these countries created a central bank digital currency and they conduct their trade Central Bank to Central Bank using only that and it's completely outside the US dollar system and now as you said Saudi Arabia and others want to join this Ur project and I think that the bricks will end up any of the Nations that the 11 now and the ones that are to come that want to be outside of the US dollar system we we use that and the critics of this because there obviously in the west you'll see people poo pooing the idea that this is going to work they say well listen you know how you know why would you want to be holding Indian rupes you know if you're you know what are you going to do with them if if you have a def if you have a a deficit with another country and the simple solution and it was actually um Jim Rickards who gave me this idea uh and basically I don't know if you've seen there's dozens and dozen do of bilateral trade agreements being created between countries using only local currencies that is the trend at the moment that is the way that they're trying to stay out outside of the US dollar system um and so let's say there are two countries that are trading together they at the end of a period there's a trade deficit how do you how do you settle that deficit so that you don't end up with currency you don't need they have hav done in your bilateral trade you settle it with gold and that's why I believe you're seeing every Central Bank outside of the West accumulating gold at an accelerating Pace it's a very simple formula it's easy to do it's all Forex transactions will be Central Bank to Central Bank and you pick up here do do you settle quarterly you know every six months annually but you can settle the deficits in trade with your gold positions and I think that's where we're heading and eventually I think we're going to see a Al alter alternate currency that might be a bricks unit uh we'll see that that I think that an alternate currency this is very interesting and gold Telegraph posted this look cbdc is are coming how are they going to be used in this new Financial system that is yet to be seen but I think as time goes on possibly next year once regulations hit we may get a further explanation or find out more information on top of this Bitcoin is is a 60,000 and likely has more room to grow the analyst is saying the key variables for risk assess in the US economy as concerns of a recession linger interesting there's the price of Bitcoin look Bitcoin has a lot more room to go we're still in chop City we're not clear 66 74 88 100,000 is all in coming says Bitcoin bought him last week and should rise further based on daily Cycles Theory according to Bob Lucas the Federal Reserve is expected a lower interest rates next week cryptocurrencies rallied on Friday nearing 60,000 Bitcoin tumbled about 1% to 576 but as we know it pushed back up it states in here bitcoin's rally may have more fuel on the tank based on the the assets daily Cycles analysis there you go here's the chart Bob is put out looking at it and look let's just break this down we don't need to look at charts we don't need to stare at charts we don't need to try to act like we understand what the charts are saying where the next move of Bitcoin is coming it's very simple bitcoin's move after having usually occurs like in a 6 to 10 month time frame we are nearing that time right the move is going to happen everyone is expecting Bitcoin including myself to break 100K by end of the year when the breakout does happen is going to be fast and furious this thing isn't just going to go 60 61 62 back to 60 63 no it's going to push 60 64 66 range once stocks gets broken we're going to Target the 70 to $774,000 range this is all going to happen in chunks and once 74,000 gets broken rip to my Bears out there and guys can stay in hibernation you don't need to come back out because the next six to 10 months are going to be lifechanging and these markets are going to be parabolic you will probably see a lot of these people putting out these negative charts out there who will start to flip and say I Told You So when you know what they didn't because there's a lot of people out there on Twitter right now who are saying that the bull Market's over we're in a bare Market you should sell your assets and then they try to pump and push to you shitty meme coins do not fall for it we are so close the finish line is near Egra Krypto put out his White Flame chart I like this chart he says for better Clarity we Revisited the January 20th post of this year what's next simple only has one xrp simply only has one direction that direction is up and what does he talk about the most crucial price point is 75 cents I've been preaching about this 75 cent zone for quite some time he says we need to close above the weekly time frame with strong conviction we sure do we sure do look there's only one number you should be paying attention to if you want to play with your emotions and give yourself a little extra hype pay attention to that 6566 Cent Zone but 75 cents is it that is it once that gets broken we can start talking about the dollar xrp I told you in a live stream it's going to come to a point where we no longer need to focus on saying that xrp is worth x amount of cents we will start talking about a dollar and $2 and $3 and every time we talk about xrp we be saying that we're dollars after an hour time is coming but vit Bitcoin must go close Maximus Prime he even put out his chart look he's like man we are so bleeping close he's right $32 yeah no not quite but 75 cents he has it right around like 74 and a half cents 75 cents is that first Zone that needs to get taken out then we start talking about dollar then we start talking about the all-time high in 2020 which was around $190 once that gets broken we got the biggest resistance area I mean this is a seveny year resistance area right around $2.80 we'll call it $3 for the sake of this channel which was the 2017 all-time high which we haven't broken since then that is going to be a tough cookie to crack but once it does crack it what happens we enter price Discovery what happens in price Discovery Well no one knows because there's no data up there there's no charts up there no one can tell you where it's going that is why price discovery on an asset is such a great and amazing time because nobody knows where to think is going and once an asset breaks it breaks through it's its old all-time high and it gets to these levels that we never seen before sky is the limit at that point my xrp bets as you know I'm a very conservative type of guy right now and this is all based upon if we break 75 cents and we see 7 to 10 trillion in crypto would be a $6 at a minimum Target where the parabolic blow up top takes us 10 13 18 24 time will tell it's a little too early though we still got to break 75 I'm going to leave it like that look wash your damn hands be nice and be kind to with other Ripple B Winkle is out