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Welcome crypto fam number one daily Bitcoin pod. In today's show I'll be breaking down the latest Bitcoin technical analysis. We'll also be discussing the Bitcoin ETF inflows rebound to 6 week highs as the Bitcoin price reclaims 97Gs. Also this just in. El Salvador has bought more of the bitty for their strategic Bitcoin reserve. This morning we'll also be discussing Trump has reportedly referred to Bitcoin as the new oil preach. We'll also be discussing the Bitcoin hash rate taps yet another all time high as well as micro strategy eyes more Bitcoin with a potential 2 billion dollar preferred stock offering. And of course Trump Jr. I guess Eric Trump. He just met with Michael Sailor the other day. What do you think they were discussing? We'll also be discussing US accounts for over 40% of the global Bitcoin hash rate according to this latest report as well as Bitcoin prime to see multiple months of new all time highs according to Plan B, creator of the Bitcoin stock to flow model. I'll be breaking down his timeline while we discussing the bitm Founder Arthur Hayes Just Blaze says another sign post has appeared on Bitcoin's path to hitting $1 million per coin. We'll also be taking a look at the overall crypto market. All this plus so much mother freaking more in today's show. Yo, what's good Crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonews alerts.net again that's crypto news alerts.net today is pod episode 1868. I'm your host JV. It's sat stacking Saturday. The very first sat stack and Saturday of the new year January 4th, 2025. Welcome everyone to the live stream. We had a nice pump over the past couple of days we're still hovering above 98. 300 happy days. Ether is in the green trading above 3600. Sui is in the green up 8% as the majority of the alts are correcting and in the red and checking out coinmarketcap.com current crypto market cap fantastical 3.5 trillion bitcoin market cap fast approaching the 2 trillion milestone currently sitting at $1.946 trillion. We got 96 billion worth of the volume for the past 24 hours with bitcoin dominance at 55.6%. With ether dominance finally back on the rise at 12 and a half percent. And Vitalic is going wild. And check out top 100 crypto gainers of the past 24 hours. The pudgy Penguins leading the pack. I repeat the pudgy penguins 14 and a half percent gain on the day. Then you have iOS up 9% followed by sui up 8% which alts if any are you bullish on 4? The bull holla at your boy. And checking out the crypto bubbles we get a visual perspective on the day and it looks just like similar to yesterday. Fartcoin leading the pack in the month as the majority of alts are reck city in the blood red. But zoom in into the daily you can see the majority of the alts say like 55, 45 green over and fart coins not up today is it? And checking out the cryptography index today we're at 73 greed, yesterday 74. Agree last week 72 and last month in 84. In the extreme greed and checking out the time chain calendar we have 172171 blocks into the next having in 2028. Maybe Bitcoin will be well above a million by that time. Let me know your thoughts. And we're currently on block height 877829 but who's counting besides me? And you can currently exchange one fiat monopoly doll for 117 sats. So stack them sats and put down the gats. But anyways fam, let's continue with today's astrology for the Brosis. I'll be pulling up some of the live charts but first I want to read you the headline the story Bitcoin ETF inflows rebound to six week highs as the Bitcoin price reclaims 97. That's. That's right. Bitcoin's making rebounds like Dennis Rodman in his prime. Move over Scotty Pippen. Bitcoin held 97,000 yesterday January 4th as the Wall street trading week of 2025 yielded a key support reclaim as you can see here in the one hour chart and I'll be pulling up the live charts here in just a few moments. So yeah, Trading View showed Bitcoin consolidating after year to day gains topping 6% and extending a comeback that began on New Year's Eve. Bitcoin reclaimed the 50 day simple moving average, a level that traders previously described as an essential for the bull market continuation. Quoting Skew Analytics Bitcoin closing strong and sustaining momentum from here despite the latest many remain cautious on the biddy price action, even adopting a bearish outlook for January. Quoting fellow trader Sant here unless we breach 99 GS and flip it A support, I think we'll see lower prices in January. Pretty simple triggers for me here. Break and flip 99 or retest the 90 to 88 zone. Now another trader, Crypto Tony Montana, confirmed that he was eyeing a relief bounce followed by another drop to around 90 GS. Not expecting much movement during the weekend for the biddy and ultimate see some action, says Dan Crypto trades the weekend can offer some decent dips buys if we get it. My bias for the Q1 is bullish so I am not worried about any short term movements or no hair. Clair Gares of the Chairman of the SEC and the chart also showcased the latest closing price of the CME Group Bitcoin futures, a level that typically acts as a short term price magnet once the market reopens according to crypto trades. Again, the first full week of 2025 will give us a better idea of where this is heading in the short term. Meanwh Bitcoin ETF staged a $900 million comeback. That's almost a billion. That's right, a fast turnaround arguably fitting for the 16th anniversary of the Genesis block which we just celebrated. Recent and institutional investors piling into the bitty products that in the days prior had seen record outflows. That's right. Data from sources including Far side showed Fidelity and was the largest share of the influx of 357 million of outflows. And the largest of the E test was IBIT managing 253 million. Big money is back to buying after the Christmas year end of the sell off and also quoted here. As long as the Coinbase Premium Index remains above the simple moving average, I will likely continue testing the it'll continue testing the positive zone. According to Crypto Quant. This suggests the US based buyers could exert stronger influence over the Bitcoin price trajectory and breaking news. El Salvador bought more of the bitty for their strategic bitcoin reserve this morning. God bless bitcoin country. Shout out. Max and Stacy Chandy and JV will be in El Salvador celebrating with the high priest on Just a Few Days Cannot Wait. And breaking news. Trump reportedly refers to Bitcoin as the new oil. So there you go. And checking out some of the fresh charts. Let me pull this up for you guys. You should be able to see here in your screen. This is brought to you via TradingView via coin based 1 hour chart. We have some rising wedgie in the formation. We do have a green target of 185 in play. Again that's the one hour. Zooming out on the four hour. We get some different looks. Four hour says it's going up forever. Laura. We have a red target at 110 and a green target at just shy of that. I'd say probably just maybe 109. And zooming out from the four hour, take a quick look at the one day. One day says lots of targets. We also have that rising wedgie. The bull target is currently also sitting at 110 or 100,2 which would re enter price discovery from here. 183 is the current top all time high. And we also have a target on the one week a cup and handle at 12024 000. Let me know when you feel we'll likely smash that target. And we all love smashing targets, especially the Baroskis. And zooming out on the monthly you can see the moonvember candle the biggest. We have had almost a 30000 gain in fiat price action for the month. Practically a thousand dollars a day every day for the month. And yeah, then we had the red corrective and we're already forming a green just kicking off the new year of 2025. But there you have it fam a lamb. Let me know where you feel the bitcoin price action likely to take us next and read your comments out loud and welcome everyone to the live stream. But anyways, let's go on to our next story of the day. We got a lot to share. Bitcoin continues breaking out, breaking, tapping new all time highs as far as the hash rate's concerned. We all know the price follows the hash. The bitcoin hash rate is the total computing power securing the network which reached an all time high of over 1000x a hashes per second January 3rd. That was the celebration of the 16 year since the Genesis block shout out Satosh. That's nearly double the network's hash rate from 12 months ago. That's sinking Bitcoin's hash rate hovered at 510 exahashes per second in January of last year, and at this time the bitcoin hash rate retraced to approximately 780exahashes per second. The network's rising hash indicates the bitty miners are devoting more of the computational resources to the blockchain, thus improving the network security, making it the most secure network to ever exist. Miners are continuing to expand production even after the bitty April halving, reducing the mining request rewards from six and a quarter of the Biddy to 3.125 per Biddy block. And in 2024, the Bitcoin Strong performance partially offset the headwinds from the halving, especially for the cash. Heavy mining companies such as Riot Platforms and the Clean Spark mining firms acquired other miners with turnkey facilities, increasing the near term hash and increasing their power pipeline, J.P. morgan said Dec. 10 research note sharing with Cointelegraph. The miners have also prioritized the accumulation of liability on the balance sheet. For example, in December, JP Morgan raised the price target for four bitcoin mining stocks to reflect the value from the miner's electrical power assets and the bitcoin holdings, according to J.P. morgan. J.P. morgan cited the stock market performance of the MicroStrategy, a software company turned a facto Bitcoin fund, which traded at a roughly 2.4x multiple to the value of its Bitcoin treasury as of December 10th. And speaking of MicroStrategy, shout out to the Gigachad Mikey Saylor. The Bitcoin miners, Marathon Riot and the Clean Spark hold the Biddy Treasuries with approximately 4.4 billion, 1.7 billion and 910 million respectively, according to the Bitcoin Treasury.net data service as outlined right here on your screen. The Bitcoin rising hash and the reluctant improvement of the network's security is especially important as the institutional investors are pouring their capital into the Bitcoin ETFs and other regulated crypto investment vehicles vehicles. In November, the Bitcoin ETS broke a hundred billion worth of the net assets for the first time, according to Bloomberg. And asset manager Singham expects this dynamic to accelerate this year as the large institutional investors, as I refer to as the Institutional fomo, like a mofo, including the sovereign wealth funds, the endowments, the pension funds, adding the biddy to the allocation, quoting Martin Berger, the Sign Gun chief client officer who shared in a statement with improving U.S. regulatory clarity and no Claire Gear, the potential for the Bitcoin to be recognized as a Central Bank Reserve Asset 2025 could mark a steep acceleration for the institutional participation for the crypto assets. And there you have it, yo. It's going on forever, Laura. And if you don't know, now you know, bro. Ski let's get it MicroStrategy eyes more of the biddy with a potential 2 billion preferred stock offering and we just saw the photo with Eric Trump and Sailor the other day. What do you think they're plotting Strategic Bitcoin reserve for the United States. Just just saying. But Micro Strategy, the largest corporate hodler of the Biddy, is eyeing a 2 billion raise from a Perpetual Preferred stock offering to buy more of the biddy in a move that would expand on the company's 2121 plan. Happy 2121 the perpetual preferred stock may be obtained through the converting of the MicroStrategy class A common stock paying a cash dividend, redeeming the shares or a combination of those, the Bitcoin stack and business intelligence firm explained in a January 3 statement. A sailor said right here, Micro Strategy targets up to 2 billion of the capital raise through the public offerings for the Perpetual Preferred stock in the first quarter of 2025. The offering is separate from the MicroStrategy ongoing plan to raise the 21 billion and the equity in the 21 billion and fixed income instruments. A strategy is largely implemented in the recent months to fuel the Bitcoin buying spree through the senior convertible notes ended the Perpetual Preferred stock offering, which MicroStrategy intends to use to strengthen the balance sheet and buy more. The biddy is expected to occur sometime this quarter Them here. However, the decision whether to proceed with the consummate and the offering of the Micro Strategy sole discretion and is subject to the market and other conditions. MicroStrategy may choose not to proceed with or consummate the offering at all. The Perpetual Preferred stock offering is also senior to the Micro Strategy Class A common stock. And my question for y'all, how many of you have any sort of exposure to Micro Strategy stock? I'll let you boy, let me know. I'm curious now. MicroStrategy currently owns 4 146, 400 Bitcoin valid at roughly $44 billion according to the Bitcoin Treasuries. It purchased 257250 Bitcoin alone in 2024. That's crazy. The company's largest bitcoin buying year yet and they adopted bitcoin back in 2020. They were the first publicly traded company to do so. They had the first movers advantage then 446,400 bitcoin had been purchased at a dollar cost average of 62.5-meaning micro strategy is currently at 57.2% on its bitcoin investment. The first Bitcoin investment strategy was orchestrated by Executive Chair Mikey Sailor, who had played a key role in paving a way for the corporate Bitcoin adoption around the world. Sailors bitcoin Strategy also benefited MicroStrategy shares massively, which increased 13 on January 3, 339 bucks, up 438 from this time last year. MicroStrategy had marginally fallen 0.19 since the MicroStrategy preferred stock offering plan was announced in the after hours. And there you go, the current MicroStrategy price just shy of 34040 bucks again. Let me know if you got any exposure to MicroStrategy and I'll read your comments out loud. The headline reads US accounts for over 40 of the global Bitcoin Hash rate Didn't Trump just say that all the Bitcoin is going to be minted in the United States? The United States of America will become the Bitcoin Mining Capital of the world. Well, 40 of all the Bitcoin is already mined in the U.S. interesting, right? 40 of the Bitcoin network Global Hash Rates Total Computing Power Securing the Bitcoin protocol at the close of 2024 for two US based mining pools, Foundry USA and Marull accounted for 38 and a half percent of all the blocks mined. And according to the Minor mag, Foundry USA grew its hash rate from 157AXA hashes per second at the start of last year to roughly 280x a hashes per second by December. Foundry is currently the single biggest mining pool by the hash rate, controlling roughly 36 and a half percent of the total hash rate at the Bitcoin network. Data from the hash rate index shows MERA pool currently commanding approximately 32 EXAH hashes per second, which is 4 point of the total hash power. Despite the increases of the computational power, China based mining pools still control the majority of the global hash rate. China China, eh? That's okay if in September Cryptoquant founder Kijang Yu noted the Chinese mining pools control 55% of the global hash rate. Despite the 2021 ban on crypto, Chinese miners can circumvent the ban by using virtual private networks we know as the VPN which mask their IP address to connect to the mining port pool. Additionally, peer to peer apps allow the Chinese residents to bypass the national firewall in the exchange cryptos. That's right. I know from firsthand experience. I lived in China for 13 months in the mainland and the only way to use the social media we have here in the United States was through a VPN because it's literally banned. Every major social network has been banned in China for decades. You can't make that ish up and they have their own version of every social network. So like instead of YouTube they have yuku example etc. The geographic distribution of the miners, particularly small miners participating in the mining pool, also makes it difficult to estimate the true hash dominance. Mining pools may have the headquarters in one country, but may rely on the computational power contributed by the miners outside of that particular jurisdiction. According to the minor mag that wrote that article back In September of 2024, the concentration of the computational power into the small set of the mining pools has raised alarms amongst the industry execs. For example, back in October, co founder of CE O or CEO of the mining chip manufacturer Auditing shared that the Bitcoin decentralization was the matter of the national security. The CEO warned the critical mining infrastructure, such as the application specific integrated circuits we know as the ASICS should not be manufactured with only one jurisdiction to avoid the supply chain risk, and also added that no country should control the majority of the bitcoin network hash rate to keep the decentralized currency as neutral as possible. There you go. Next story of the day. Broskis Here's a $500,000 target from Plan B created the Bitcoin stock flow model. Here's the latest quant Crypto analyst Plan B says the biddy is gearing up like Metal Gear Solid for the months of the new all time highs. How many of you caught that Metal Gear Solid throwback Reference from the PlayStation When I was in Was that middle school? Holy moly. In a new video update, crypto strategist Plan B tells his YouTube subs that 2025 will have many months that we'll see bitcoin reach new heights it hasn't witnessed before, AKA price discovery. Quoting him here historically if we have an all time high of the price, there's a high probability that we'll see more all time highs in the price. We saw that in 2020, 2021 and 2017 and in 2023. Why are those years all significant? Because it's either year of the having or the year preceding the having. For example 2020 year the having deer pursuing the having all time high 2021 and of course 2016 was a having year after the having 2017 all time high. Of course the first having was 2012. The year after that massive parabolic run up in 2013 quitting them here a new all time high leads to another all time high and a whole bunch of the other all time highs. So yes we had an all time high in December108,000 but not the closing price. However, I do expect for 2025 that we'll see many more months with the all time highs similar to the previous bull markets. I ain't talking about the Chicago Bulls either with Michael Jordan and Scotty Pippen. And according to Plan B, see Bitcoin, the average price for the cycle is going to be 500 000. However, he knows it'll likely not be exactly 500000 and falls somewhere between a quarter mil and one mil. The stock to flow model looks forward in time and gives the 20242028 target of an average price of a half a million per biddy. Now the rule of thumb one standard deviation band is about two times the 500000 which is a milli and 500000 divided by two is 250,000 thousand. So we have a wide range of 250000 to 1 million where I expect the average of the four year price cycle to be. Let me know if you agree or disagree with Plan B for the BTC in name of God. The stock to flow model compares the supply of the asset of the commodity with the flow of the production. And there you go. Crypto Bros. Now for our featured story of the day. Bitmex founder Arthur Hayes just blazed says another signpost has appeared on Bitcoin's path to hitting $1 million per coin. Let's break down the latest from Arthur Hayes. Just blaze. He believes one catalyst can help send the bitcoin price to seven figures as the U S debt continues to mount. He shares with his followers on X that if the U S banks receive a supplementary leverage ratio which is an SLR rule change, that the liquidity could flood the market. It's giving Bitcoin a massive boost. A temporary SLR rule change was provided during the Novid Plan Demic to ease the strains in the treasury market resulting from the novid and increased banking organization abilities to provide credit to households and businesses. The SLR det determines how much liquidity large Banks need to have on hand to make sure the banks do not take on too much of the risk. This quoting Hayes the PR campaign by the U S banksters to get an SLR exemption is in full swing. This is top news on my bloomy Bloomberg Wednesday. This allows the banks to buy the U S Treasury securities with infinite leverage and easily fund the insane amount of the U S Government debt issuance. Another signpost on the road to Bitcoin smashing 1 million per coin in spectacular fashion. And last month Hayes said he believes bitcoin may hit hit 1 million per coin this cycle due to the global central banks increasing the money supply as pretty little money printer go. Brrr. Quoting them here I believe we can go to a million dollars end of the cycle 1 milli because the amount of the money that's going to be printed is going to be absolutely insane as every government around the world does the same thing which is to print money to make my people feel happy because the global growth is slowing. I think that we're in a transition period of a global financial system. We are going to change it. The elites will resist the change which means they are going to print a lot more money and a lot more money that's ever been printed because they don't just want post World War II U. S hegemony to change. And there you go. And that's coming directly from Arthur Hayes. Just blaze and let me know if you agree with 1 million dollar bitcoin price. I mean that's right in alignment with my bullish price trajectory for the Bitcoin price 1.1 million in play. What do you got to say to that? Bears, fruits and veggies. I appreciate the super just been buying the dips my man. Huddle. All is well. The universe is aligning to our calls. I'll hit the gong for that brother. Let's send bitcoin where it belongs in price discovery mode. Send it full S and don't forget to check out cryptonewsalerts.net for the full premium experience with video and to participate in our live Q and A. And I look forward to seeing you on tomorrow's episode hodl.