what’s up guys and welcome back to another video so in today’s video we’re going to be talking all about Bitcoin reaching above $9,000 we’re going to be looking at the immediate short-term price action of Bitcoin and some potential long action price and movements of the Bitcoin price not only that we’re going to be taking a look at a pretty raunchy article about how a crypto user pretty much had his mobile phone and his passwords taken off him when traveling to Australia and it actually happens that he had nude pictures of his wife on there or his girlfriend and the security officer saw those as well yeah so all that’s coming up in today’s video also about how the stock prices about how people who trade stocks are actually affected by what Donald Trump treat tweets and we’re also going to be talking about the ridiculous amounts of inflation in Argentina so all that is coming up in today’s video I definitely recommend you guys to stick around because it’s gonna be a good one all right guys so before we get any further into the video as always make sure to smash the like button down below leave a comment down below also to be entered into this week’s giveaway on Monday and also don’t forget to subscribe and turn that notification bell on so you get notified when I post my next video so taking a look at the Bitcoin price we can see that bitcoin is still above this descending channel we can see this descending channel for almost seven months now we are still above it now I believe this is the first second third pretty much the third or fourth day we have been above this descending channel and we’ve actually closed above it which is really really bullish signs and we do see here this candle back extension which happened today all the way up to about nine thousand and eleven dollars just tipping above nine thousand dollars and if we go on to let’s say the four hour or the one hour chart we can see that the price actually heavily got rejected at that area just above nine thousand and began to pretty much immediately sell-off and that’s even more apparent when we go ahead and take a look at the one-hour chart this isn’t the best although I did to get heavily rejected here at this 9000 level I still reasonably bullish with the Bitcoin price we did break out of this area here which is very bullish and I would like see us test this level again and just make this level of resistance a little bit weaker I do also if we go back on to the one day chart I do also think this is an extremely strong level of resistance here which I said back I believe two videos ago and we can see here we’ve touched it 1 2 3 4 5 6 for a lot of times pretty much 6 times and it’s it’s a really strong level of resistance here so to break into this and stay in it or above it may be a little bit difficult for Bitcoin but we never know it definitely has the opportunity to do so like that so before we get any further into the video I definitely recommend checking out the Bitcoin blueprint 2.0 link down in the description below if you haven’t already checked it out it’s pretty much a tea set guide on how you can make a bit of money with cryptocurrency there is currently a hundred dollar discount for a few more days and I’m saying this a lot in my videos but I don’t want people messaging me after saying hey can I get the disco I’ve been telling you guys about it for quite some time now so I would definitely recommend taking advantage of it so going into one of the more raunchy articles on my channel or the expert will never return after digital strip search reveals sex tapes you may say Jack I appreciate the Bitcoin news and stuff but what does this have to do with Bitcoin well this guy was actually a Bitcoin user and holder and he had Bitcoin wallets and crypto wallets on his phone basically new encryption laws in Australia means that failing to hand over passwords to encrypt live devices basically you can get punishable by jail or fines up to 50,000 dollars to be he says here to be stripped of my basic rights to be treated as a criminal and as though I had something to hide is absolutely disgusting Harry says when I was given my phone back by the woman the customs officer I was told it was nice to see some normal porn again now this is absolutely regardless of crypto this is absolutely outrageous that the security customs officers are making comments like this when they’re searching uses phones it should be strictly confidential and none of this stuff should be going on and stays down here Andreas recently cancelled his trip to Australia due to fears over the recent laws not sure what he’s gonna his phone but yeah I’m definitely seeing this article III would definitely think twice about traveling that let me know down in the comments below I’m not sure if this is just one of those things that have has been drastically being blown out of proportion or it’s something that actually is happening it goes on later in the article to say it is a completely random search like when you learned that at the airport you randomly get your bags checked it says that and if you don’t hand over your passwords for your phone in your laptop you could be punished by jail time or up to fifty thousand dollars in fine not only this but he then asked if he could use a phone to call a lawyer he asked to call a solicitor but they pointed a sign saying that the use of mobile phone device in the customs area was prohibited with a punishable five thousand dollar fine so it’s pretty much you cannot win it’s absolutely crazy and it says here all my crypto wallets and accounts stored within my phone were compromised as well as my email applications I don’t know if anything was installed on my phone either all it would take is one corrupt official or one official to get bribed by a scammer or something and you could potentially lose all of your crypto so that is definitely an article that I found insane I had to be going to be seeing and going over another one couple articles will just touch on briefly and then we’ll get back to the Bitcoin price it says here Swiss Stock Exchange reveals 80% of traders are influenced by Trump’s tweets now take this article with a pinch of salt salt it was only a very small pool they were they were testing it says a hundred and twenty six traders they were testing confirmed that they do have some influence with Trump’s tweets and he says here President Trump the president Trump’s use of Twitter has escalated of late with around seven thousand seven hundred tweets in sent in 2019 that’s a lot of tweets more than doubled previously a previous year according to the New York Post it goes down here for four out of every five traders on the Swiss Stock Exchange say their bets are influenced by the US president Donald Trump tweets according to a new study while 80 percent of 126 traders confirmed that they were to some extent influenced by Trump’s tweets only 39 percent cited brexit as a factor influencing their trading activity so also let me know down in the comments how you think this is I know this is only only a very small sample pool that they tested however I do think and I’m sure it’s fairly obvious that the Donald Trump’s tweets do have an absolutely huge effect on the markets and even if Trump was to tweet about Bitcoin it could just send it immediately into a crazy crazy spike in price which would be very nice and finally 53 pretty much 54 percent Argentina Argentina Argentina boasts the highest inflation rate in 28 years basically it reveals that the price last year increased by the highest rate since 1991 with inflation in December coming in at 3.7 percent just in one month the inflation was nearly 40 percent this is outrageous so prices in Argentina roads 54% in 2019 the highest rate since 1991 the annual figure was confirmed by the National Statistics borough which revealed Wednesday that prices drove nearly four percent in December alone the Patagonia region suffered the worst with over 4 percent which is crazy Argentina’s inflation is one of the highest in the world and second only to Latin America the Latin America crisis in Venezuela inflation in 28 came in at 48% this is absolutely crazy and this is why countries like Argentina like Venezuela need Bitcoin they can put their money into Bitcoin and they can have kind of a safe haven that is not affected by inflation and hopefully it should go up or hopefully it will go up pretty much up in value over the course of the years so it’s definitely interesting article let me know what you think down below so the Bitcoin price although we have had a descending Channel we did reach 9000 extremely briefly and I would like to see as go up and test this 200-day moving average which we ever so closely did I mean it’s literally has a way here from testing that 200-day moving average we could still potentially test it today that would be maybe a little bit unlikely but we definitely could go ahead and test this 200-day and if we can move above this 200-day moving average and close and keep closing for days to come I think that’s a very bullish sign and if we can remain in this box here which is a huge level of resistance and we can get above it hopefully it should turn into a level of support which is very very nice indeed so thanks for watching this video guys if you haven’t already don’t forget the bit convent 2.0 sale going on the links are down in the description and also don’t forget out to CH it don’t forget to check out our other video sponsors which I’ll link down in the description below if you would need anything of that sort thanks watching guys and I’ll catch you in the next video [Music]