[Music] [Applause] [Music] warning this video and all other videos on this channel for entertainment purposes only the content of this video and all other videos on this channel are the opinions of the Creator only and do not constitute legal trading investment or financial advice of any kind investing CS a high level of risk and the majority of retail clients lose money do not invest in capital unless you the risk and you are prepared to lose it all all right hello and welcome to camel Finance I'm your boy camel and we got some very very very
big news today so the plan for today is I'm going to quickly touch on three or four tabs just as a reminder of exactly where we are in the Bitcoin daily cycle and then I'm going to reveal to you this news which by now you've probably worked out based on the title and the thumbnail the first thing I wanted to quickly run through was this okay now it's by no means a call or a prediction but in the yellow here this is the nasdaq.com bubble blowoff top and below is the Dow Jones okay now I
don't know about you but especially from about this point when we had the ABCDE e it starts to get eerily similar so it does make me wonder if out of these cycle lows that we expect this week for both the stock market and for Bitcoin are we going to get a third and final blowoff top angle is it going to be way way bigger than anyone could have anticipated and Rickers have said the same but different right this thing right here seems to be repeating right here looks a lot more realistic than the other one
in my humble opinion but either way if we can find a cycle low and continue up then we should have some higher highs in the not too distant future and the same for Bitcoin okay we've been saying the same thing over and over and over again here is the original yellow squiggle I have not touched it yet and when we fast forward to today here we are okay so Happy Days looking for a cycle low looking for a swing maybe it forms today maybe it takes a couple more days until some of the uncertainty has
passed but we're right in that timing window now we are looking for a bit of Confirmation and a push-up and then it should be time to add another position and get ready for Price Discovery so again I've been saying the same thing over and over again no changes to that a little bit of patience no need to fomo here there is still a potential of a little bit more downside over the coming couple of days but as we always do here we find the cycle loads we get some positions on and we capture whatever the
cycle will give so again make sure you're subscribed if you want to watch me do this in real time as you can see okay couldn't have really done any better in terms of this yellow squiggle and just as a quick reminder before we get into the meat and potatoes of today of course it is election week and on average we see this kind of performance for Bitcoin 1 three and six months out as I was saying yesterday when we take a look at this okay the black is the current cycle there is plenty of space
to run there is plenty of space for this thing to surprise to the upside unfortunately I think most people are underexposed here I think they're Overexposed meme coins and they're probably not going to benefit from the way way Bitcoin is about to behave but time will tell as always and the final point I think is important to take note of given that we're in an election week is in every previous cycle Bitcoin made a low the week of the US election which of course would be that cycle low that we're about to find any day
now and then it never ever ever Revisited that low again let that sink in if there's nothing different about this cycle if we are going to behave as we have done in the prior few times then what we should actually expect here is a cycle low to form any day now a resumption of the bull Trend and then potentially okay never trading below this level ever ever ever again and again when I was saying earlier on I don't think many people are positioned to benefit from this I still think there's a lot of people looking
for a 40K or a 49k entry and talk about a max pain scenario okay bounce it out of here boom where's my 40K bro for now though let's put the focus on finding the cycle low getting some trades on and then we'll see right we'll see if it plays but given bitcoin's historical Behavior around elections I remain positive here we also had T-Mobile start mining Bitcoin using Surplus renewable energy so that's big and I think we can have confidence that we know what's coming next okay because gold has already shown us this is gold at
the bottom you can see top okay identical structure here and here then we went sideways in a Range here and here we got the breakout from gold and one of these big channels breakout from Bitcoin big Channel and then of course we saw breakout retest resumption for the price of gold telling us we've already seen breakout retest that resumption is probably right around the corner wild wild times to be alive again note how everyone is calling for 40 or 49k and so the big news of today that I wanted to talk about was pensions I
put this video out over a year ago and in this video I was talking about how I didn't really trust pensions I didn't really think it was reasonable to expect pensions to be paid out after 2030 we were also tracking this in real time where by the Pension funds in the UK got margin calleded in the middle of a Titan in cycle which is the kind of things you see in lesser economically developed countries I also showed that the UK at the time was running a short for of around 4 trillion which was estimated to
have grown and ballooned to 33 trillion by 2050 keep in mind our GDP at the time was about 2.6 trillion so in other words the money is not there I also showed in this video that essentially it's not the UK that's alone it's like this all over the world everyone is completely messed up because they are overleveraged in all the pensions they just don't have the money they've made these promises that they can't carry out and we were joking okay on and off for a long time around the time this video was made that one
possible way to fix this issue would be with bitco coin and at the time it seemed like a bit of a pipe dream it was like well in theory they could add Bitcoin okay have an exposure of a few perc and then assuming Bitcoin doesn't go to zero and continues to be adopted assuming Fiat the basement which is mathematically guaranteed continues to occur we would expect bitcoin's priced a balloon into the multiple millions of coin and in theory you could use this if you were an insolvent pension fund to plug the holes in the pension
and again at the time it was kind of like only in my wildest dreams would we see something like this but far fast forward to today okay and the first UK pension fund has officially allocated to bitcoin what a wild time to be alive I couldn't believe my eyes when I saw this it makes so much sense to me it makes so much sense to anyone that actually understands Bitcoin I know there'll be a bunch of people that say things like well Bitcoin doesn't have any value right well yeah tell that to the Pension funds
okay cuz clearly they think it does but this just makes so much sense to anyone that actually understands Bitcoin anyone that's put 100 hours of study into it this makes so much sense and the pension fund has currently remained unnamed but is ating 3% of its total assets this is the first of its kind in the UK the allocation took place on October after rigorous training and due diligence process cart right stated without disclosing the name of the pension fund so they've said they've got a horizon of 10 years and that 3% Bitcoin allocation is
appropriate given the asymmetric return profile that Bitcoin possesses enables a small allocation to have a big positive Financial impact and remember it has to start at 3: they can't come out here and say we're going to 15% okay people will be like what they've lost their mind give me my money and of course they haven't got the money so you can't even withdraw it but slowly but surely okay we will probably see this thing continue and as more and more of the Pension funds start to grab 1 two 3% as it proves itself over a
few years that position can be increased to five 10 even higher percent keep in mind for gold okay there's nothing wrong with having 10 or even 15% at times allocation to gold in a pension fund particularly during stress conditions and even in things like permanent portfolio iOS we see 25% allocation to gold and remember there's just not enough Bitcoin to go around but that is of course a feature not a bug like I said for anyone that actually understands what this stuff is this makes so much sense they also went out to say that Bitcoin
is a strategic move that not only offers diversification but also it's Taps into an asset class with a unique asymmetric risk return profile and whilst this is the first UK pension fund to allocate to bitcoin it's not the first to do it globally so note the trend here okay gradually then suddenly and they've also found a way that combines highly secure customer stal Solutions with a mechanism to quickly trim profits as they arise which even opens up the door for a risk adverse pension scheme and other institutional investors to benefit from bitcoin's potential growth whilst
managing volatility within a secure strategic framework and they have also created this as a solution with a low minimum investment threshold meaning the option is available to pension schemes of all sizes unlike many historic investment ideas when they first become available that require a large net worth and as if that's not enough there's a second UK pension fund which is larger than this current one which is also working with cartright for a Bitcoin allocation which will no doubt show up at higher prices so so far so good right baby steps one day at a time
as always hunting that cycle low but what a wild time to be alive how can they possibly plug these holes well they would need a stack of let's say a few hundred thousand Bitcoin and then they just need to sit there and hold it until it goes to the multiple Millions per coin and then we start to get very very close to being able to at least plug some of those holes so I hope you found that as interesting in as I did I hope you understand the implications fully other than that okay no real
changes to the plan if you're a level three member look out as we're going to continue to hunt these cycle lows of course you already know the deal and I will notify you at the exact levels when I pull the trigger for everyone else have a good week until next time cheers bye C he's the man to see rocking the Mars with his contrar stream trads like a pro no fear no shame sticking to his gun in his money game he's a bad ass oh yes indeed cam Finance got the lock key taking us stories
on the bumpy ride casting those emo