That guy is one of Max Keiser's little minions. I don't pay attention to him much so I don't really know if he's legit or some type of CNBC fast money con artist, but in his videos he pretends like market manipulation does not exist, shakeouts don't exist, and every market is a completely aggregate market without whales causing bad signals. In other words, just about everything he said in that video makes zero sense for someone like me that actually knows how this scam of a market trades. Bitcoin is 99.9% market manipulation and virtually nothing to do with short term TA.
Where in his video does he mention that the entire bitcoin market is controlled by a signal entity operating on Bitfinex since the price was $200??? Where in his video does he mention $600 million in Tether was created out of thin air right before this move, all in the hands of a single entity? The bitcoin market does not exist. It's literally one single entity rigging the price. The identity of this entity on ScamFinex is either some TBTF bank like Goldman Sachs, Bitmain, or the ESF.