Crypto 24 / 7 News

Bitcoin – BTC KEY CELSIUS UPDATE: AUCTION TOMORROW! (BTC PRICE REVIEW) Welcome back everyone Mariah here and in today’s video I am going to be going over all of the new and important news when it comes to Celsius so tomorrow there is going to be a live auction and things have changed here in the past couple of days changing the dynamic of What could potentially happen at this auction and then at the end of today’s video I am going to beginning into the price of Bitcoin and showing you why I believe that there is more downside for Bitcoin so uh basically the live auction is tomorrow April 25th and so we have Two companies that have basically have entered the auction and the first one is called Fahrenheit A little bit ironic so they want to grow the assets to make creditors whole these Investments would be crypto mining retail and institutional loans variety of crypto core assets and a venture capital Portfolio so as we know now there is a 72 and a half percent that we can’t anticipate to get back with Celsius but fahrenheit’s plan is they want to take the assets of Celsius grow those over time and eventually make creditors whole which is um obviously a positive thing so they Say they have a team of experts in place to run this operation and then we know that Nova wolf is basically the one that was the main one going into the auction and now we have Nova wolf and we have fahrenheit as well as blockchain recovery investment committee so when it Comes to comparing Nova wolf with fahrenheit’s plans there are a lot of similarities there so um the blockchain recovery investment committee they’re affiliated with Gemini trust it will probably take weeks after tomorrow until we actually know how the bidding played out the bar date to file a claim does Not exist at this time so if you’re con concerned about having to file a claim you do not need to worry at this particular time so when it comes to there’s a new document that has come out when it comes to the scheduling of the amount that you have on Celsius I’m Going to put a link down below and so once you open that then you will scroll to the very last page you’re going to take the first letter of your first name you’re going to click that letter it’s going to open up a huge document so I Try to open it on Chrome as well as Safari and both did not work when it came to searching being able to like find my particular name so I scrolled it took me a few extra moments but I think if you use a different program to open Up the file you could easily do a search which would save you probably 10 minutes or so so we also need to understand that there is a difference here between the earn accounts the custody accounts and the amount that we will get back when it comes to those two separate so Um what you need to understand is that if you accept for example when it comes to the custody account accepting 72 and a half percent if I accept that amount I basically lose my rights to sue Celsius for the remaining amount that I not did not get back so Keep that in mind there so a few more things I just want to go over when it comes to the whole Celsius situation so um the April 28 deadline to file a claim hasn’t put on hold so that is something that was coming up so there was a 2300 People that voted on who do you prefer to win the bid and it looks like 25 percent of people are for Nova wolf we have nearly 50 for Fahrenheit and 25 for bric so according to the fahrenheit team Celsius creditors would get more ethereum back than the Nova wolf Nova Wolf plan that makes a ton of sense why 50 of the people want Fahrenheit to win this bid and that is because if you forgot Celsius had a ton of incentives to use ethereum to deposit ethereum onto the platform they created a lot of incentives for ethereum specifically and I also think that they give you they gave you I don’t know I’m not 100 sure about this I’m starting to forget some of the things around Celsius but I think they gave people a lower rate on loans if they use ethereum as collateral so I’m thinking that For most people they have a lot of ethereum on Celsius and so they are in favor of uh whichever company to win the bidding that is going to favor the Celsius so that seems like what Fahrenheit is riding on so um if you want to listen to the auction on Tuesday Tomorrow send an email to Celsius auction at kirkland.com but consider this listening to tomorrow’s auction process will require signing a confidentiality agreement with Celsius through Kirkland auction attendees will not be allowed to share anything they hear or learn they will not be allowed to post messages or tweets about anything they learn nor Take notes or record audio or video I think that we will probably have plenty of leaks that come out of this people posting from Anonymous Twitter accounts so I anticipate that we will receive the information but I don’t know um let’s see fahrenheit’s management fees are lower than no Nova wolves as Per their plan this is another positive and probably a reason why why people are favoring Fahrenheit uh bidding the highest amount so that is what’s happening over when it comes to Celsius now let’s take a look at the price of Bitcoin Bitcoin is having a bit of a weaker afternoon Here sitting at twenty seven thousand and sixty four dollars this right here is a weekly chart we’re seeing quite a bit of a pullback here I am anticipating Bitcoin to fall between 25 and 25 and a half thousand I think that will happen sometime this week in particular I think there’s about An 80 to 90 chance of that happening will Bitcoin bounce off of those levels I am not sure yet but I do anticipate Bitcoin to get there so this is a seven day chart obviously seeing that pullback there if we see the green moving average crossing over the red that’s going to be A lot of negative um momentum in my opinion for Bitcoin but we are far from that so I am not anticipating that just yet this is a daily chart and as you can see here Bitcoin is being held up by this particular dma so it kind of sort of Feels like Bitcoin is hanging on the ledge here so very curious to see what happens next if it breaks below that dma I could see it heading to the next level which is twenty five thousand dollars I think that is pretty likely because I don’t because of the way Bitcoin has behaved Since this candle over here this was April 21st so over the past three days or so just lingering in this range and not bouncing hard off of it I do think that we will see more room to the downside I also do really like this 12 hour chart it’s looking really weak as Well this is the four hour chart which is looking weak about to make potentially a lower low the low of this candle right here 26 999 and the low of this candle is 27 a thousand and forty seven dollars so very curious to see if Bitcoin will make A lower low keep a very close eye this current this current price action is uh really quite interesting is going to tell us a lot moving forward the hourly chart does not look good on bitcoin it looks very bearish as we have made a lower low but the Kona has made a lower Low but what’s holding it up currently is that dma so keep a very close eye there but we’re obviously saying bearish posture on these low level time frames as well as this 30 minute chart this 15 minute chart and the five minute chart on bitcoin so we saw a decent drop here Over the last few moments let’s go ahead and see here um the percentage-wise the Bitcoin has dropped in the last 20 minutes it’s dropped about one and a half percent so Bitcoin now it just hit 26.99 which I think is a double bottom back on that Was that that four hour chart here and I fell below it actually so as I am speaking here on this video we were waiting here on the four hour for Bitcoin to make a lower low and it has indeed uh it fell let’s see it just fell too Twenty six thousand nine hundred and forty seven ethereum is weaker on the day at 1814.Gold is sitting at 1987 coinbase coinbase down eight percent on the day to 54.35 file coin at 518 dot at 582 Link at 703 xtz at 99 Cents so xdz is also seen a Lot of weakness here this is a big red day and so people frequently frequently ask me what is my strategy on getting back into Bitcoin what I would do is I would take 50 of what I would like to invest and I would be dollar cost averaging over the next Three to four months then I would take the other 50 and add when appropriate on big red days so this would be a day of that but keeping a very very close eye here when it comes to um Bitcoin here so on The Daily it has Wicked below the dma this main dma right here and let’s go and take a look at other markets I don’t know if there’s some particular news that just came out that is causing this we will check in just a moment electric vehicle stocks Tesla is down to 160 down 2.85 today 50 50 when it comes to electric vehicle related stocks you have about half in the green and half in the red let’s take a look at Majors here 4 11 64 for spy let’s take a look at the five minute and see if there’s any correlation with Bitcoin so no Bitcoin Has Fallen two percent in the last 20 to 30 minutes we are now seeing a little bit of a pullback here on Spy for the past uh let’s see 30 to 40 minutes it’s been in an upward Trend it went from about 410 up to 411 and we are Seeing a little bit of a pullback now this could be some correlation with Bitcoin so that’s what we are seeing here on Spy let’s take a look at marijuana stocks chillray is at 2 32 let’s take a look at the daily chart here on tilray let’s see Double bottom here the low of this candle 228 below this candle 228 double bottom on till right I do think that we will see more room to the downside as the momentum of other markets will continue to push down marijuana markets I mean you could just See across the board here a ton of red with marijuana stocks on the day and I think the momentum will uh bring tilray down further so I’m going to go back over to Majors spy here this is the daily chart on spy as you can see here Being held up by the swimming average if this Green Cross is below the red I would not like to see that but it has some wiggle room as long as it holds a low of this candle right here which is 405.68 spy is in good shape so when we compare spies daily To Bitcoins daily Bitcoin is a lot weaker so spy is showing much more strength compared to bitcoin so that is what we are seeing there I want to know if there is some news that just came out that is driving the price down let’s see this was this was posted Earlier today at 4 26 a.m Bitcoin post the biggest weekly loss in five months as a dollar liquidity declines the debt ceiling fears return so potentially this is fear of the debt ceiling returning so Bitcoin now sitting at twenty seven thousand one hundred and thirty five Dollars let’s take a look over here at the five minute chart so a little bit of a bump here but I do anticipate more room to the downside when it comes to bitcoin let’s take a look at ethereum like I’ve said ethereum typically leads the way when it comes to Strength so ethereum’s posture on The Daily basically the same as Bitcoins it is over here basically flirting with the 50 dma and it’s on a six count on The Daily let’s see what Bitcoins at on The Daily it’s on an eight so very similar here making a lower low on The Daily flirting With that dma let’s take a look here at the 12 hour 12 hour also showing a lot of weakness making a lower low so I don’t let’s go back over to bitcoin I on the 12 hour did it make a lower low on bitcoin Bitcoin also did so yeah both Bitcoin and ethereum have made a lower level of 12 hour basically the structuring of the candles looks the same four hour also weak so we’re seeing a lot of weakness across many many time frames and says Bitcoin has not bounced hard off of the 27 000 range I do Anticipate more room to the downside wow coinbase coinbase really has taken a big hit here showing more weakness on the daily chart than both Bitcoin and ethereum so very interesting here to see where Bitcoin goes next but I do believe that there is more room to the downside I haven’t taken a ton of time to super deep dive into Nova wolf Fahrenheit and the other blockchain recovery companies uh plan when it comes to Celsius I am just waiting to see what happens uh I don’t know a ton about each of their plans individually I gave you all the Information today that I know about both of them but hopefully uh when it comes to bidding the company that will give us the highest percentage back is a company that wins the auction so that’s all that I have for you today if you would like To book a 30 minute call with me I have a link down below and I also have a link down below if you are visiting Puerto Rico and would like to rent a car while you are on the island that is all that I have for you today as always go out There and create a portfolio that you love Rent a Car in Puerto Rico: https://www.facebook.com/puertoricowheels Book a Call With Me! https://calendly.com/mariahvitoria/30min Celsius Schedule: https://cases.stretto.com/public/x191/11749/PLEADINGS/117490325238 18.pdf ❏ Fold App https://use.foldapp.com/r/JT4LNXC7 💰iTrust Capital IRA ($100 Bonus) https://itrust.capital/mariah ALWAYS hold security as a top priority, get your Ledger Nano here now: 👉 https://www.ledgerwallet.com/r/f830 🎁 Redeem your $10 of FREE Bitcoin with Gemini: https://www.gemini.com/share/j6pww9fe 🎁 Grab 2 FREE stocks with WeBull! https://act.webull.com/pt/echUgkZGHCNe/06e/inviteUs/ ✓𝗧𝗶𝗸𝗧𝗼𝗸: https://www.tiktok.com/@mariahmonetize? ✓𝗜𝗻𝘀𝘁𝗮𝗴𝗿𝗮𝗺: https://www.instagram.com/mariahvitoria/ ✓𝗧𝘄𝗶𝘁𝘁𝗲𝗿: https://twitter.com/mariahvitoria9 #CELSIUS #celsiusnetwork #bitcoin source.