Video published by Nico Cabrera on his YouTube channel.
YouTuber Nico Cabrera has published a video he describes as an “emergency” one, in which he argues that the recent market crash is not just another drop. According to the author, Bitcoin is down 5%, XRP 4% and the S&P 500 is going through one of its worst days in months.
In the video, Cabrera ties together several elements that, in his view, explain the current moment:
- A 6.3 billion liquidity hole following the Binance hack.
- A wave of hacks against the global financial system.
- Warnings from the Pentagon and the European Union, with a 72-hour deadline.
- The historical window following the midterm elections.
- What, according to him, a person working at a major exchange has told him privately.
- His view that the Democrats are already making their move on cryptocurrencies.
His thesis is that “before you enjoy it, you have to suffer.” Cabrera explains where he believes the bottom will form, what happened with COVID and FTX in situations he considers identical, and why what comes next could be an unprecedented wave of institutional adoption. This is the author’s own analysis and opinion.
More videos by Nico Cabrera on Territorio Blockchain
The opinions expressed in the video are those of its author. This content is for informational purposes only and does not constitute financial advice.
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