Ep 262: Did China’s crypto/bitcoin ban end the bull market and other key questions answered

China expelled miners that resulted in a more than 50% correction, and now China can confiscate crypto from remaining miners who have substantial hash rates still in China. China's new laws can shut down and confiscate "illegal crypto" (then dump into international markets) from service providers, individuals, exchanges, and others. This is more of a problem than the majority of people realize. I research the data, run the numbers and present a picture not widely discussed in the media. We are early in this cycle, but being prepared is substantially more important because crypto is highly volatile.

Previous video with legal analysis of China's new laws:
https://youtu.be/WZJYm6L2i8Y

More resources below

I hope you enjoy the content.

Please reach out anytime with questions or if you'd like to chat I'm available here also:
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I trade on Binance: https://bit.ly/2TDLxiF
I use Trading View: https://bit.ly/34Oa07c
Fear & Greed Index: https://bit.ly/3pnfkYM
Total Liquidations: https://bit.ly/3wXozBB
Derivatives: https://www.coingecko.com/en/exchanges/binance_futures

Medium articles:
https://kenstandfield.medium.com/the-ks-model-predicting-bitcoin-at-486-000-by-may-25th-2022-510b2bb6ddb5
https://kenstandfield.medium.com/why-do-experts-regularly-fail-to-predict-the-future-5a4564b90645

Unstoppable domains:
https://unstoppabledomains.com/r/123b38175e024c7

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Sources
http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/4348521/index.html
https://www.blockchain.com/charts/hash-rate
https://chainbulletin.com/bitcoin-mining-map/
https://btc.com/stats/pool?pool_mode=day
https://coinmarketcap.com/
https://www.crunchbase.com/
https://cointelegraph.com/news/crypto-has-recovered-from-china-s-fud-nearly-two-dozen-times-in-the-last-12-years

Crypto is volatile, please prepare yourself for the best and worst-case scenarios - reality will likely be between them.

Stay safe out there.

Take care and see you next time

Bye for now

Disclaimer: Any information shared in this video is for educational purposes and is not to be considered as financial, trading, or investment advice. You must do your own research before making any decisions.