Speaker 1: Hey, everyone, Welcome into the Thinking Crypto podcast. You're home
Speaker 1: for cryptocurrency news and interviews. I'm your host, Tony Edward.
Speaker 1: On your way in. Please let that subscribe button as
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Speaker 1: I want to apologize for my voice ahead of time
Speaker 1: and for missing a few episodes over the past couple
Speaker 1: of days. I've been under the weather, battling the flu.
Speaker 1: But I'm starting to feel better and we got lots
Speaker 1: to talk about. So let's kick it off with Bitcoin's
Speaker 1: chart right here. Bitcoin over seventy two thousand dollars right now,
Speaker 1: so we're seeing some strength here. And we've been talking
Speaker 1: about this for the past three to four weeks, and
Speaker 1: that is this is some sort of relief rally. How
Speaker 1: high it goes is tbd. I'm expecting maybe eighty to
Speaker 1: eighty five k. Potentially it wiks higher, goes to ninety right,
Speaker 1: but that's not guaranteed. And then we want to see
Speaker 1: rotation of the liquidity to the all coins, where the
Speaker 1: all coins outperform Bitcoin. Now, this is not a move
Speaker 1: to new all time highs as we've been talking about.
Speaker 1: Same thing for the all coins, but a bit of
Speaker 1: a relief rally here after incredible downside and Bitcoin hitting
Speaker 1: the over soul zone. On the daily and the weekly chart.
Speaker 1: Now the mac D shows the bulls are still in control,
Speaker 1: and daily chart the RSI still shows room to run
Speaker 1: here for it to go a bit higher, but as always,
Speaker 1: there's nothing guaranteed. We could get negative news. There's a
Speaker 1: lot happening. We're going to talk about the stock market,
Speaker 1: but oil is going crazy. There's a lot of uncertainty
Speaker 1: around the world with the Iran situation and much more.
Speaker 1: So you got to keep these things in the back
Speaker 1: of your mind that there could be some black swan
Speaker 1: event news that could trigger a market dump. But this
Speaker 1: is a good sign. If everything goes according to plan
Speaker 1: here and what the charts are showing us, we could
Speaker 1: see a continuation into the eighty k's and then also
Speaker 1: followed on the weekly chart, we're seeing some good signs,
Speaker 1: so obviously a green candle here weekly. The important thing
Speaker 1: is that the RSI is moving away from the over
Speaker 1: soul zone and it still has room to run, so
Speaker 1: again we could see further upside, and we're seeing confirmation
Speaker 1: about the daily and the weekly chart for the MACD.
Speaker 1: On the weekly, the bears are losing control, right. The
Speaker 1: MACD candles are turning from dark red into light red
Speaker 1: and they're getting smaller. So if you know how to
Speaker 1: read this metric, it shows the bears are losing momentum
Speaker 1: and this is about to flip green soon. So we
Speaker 1: can hope for Bitcoin to go as high as possible,
Speaker 1: maybe into the ninety ks, and then we have a
Speaker 1: little mini all season, right, not a true all season,
Speaker 1: so we shall see the DXY showing a lot of weakness.
Speaker 1: It's RSI showing its overbought, so the dollars overbought and
Speaker 1: it looks like it's gonna dump down again. How far
Speaker 1: it downs down, I don't know. You know, there's an
Speaker 1: inverse correlation with all of this, and even if we
Speaker 1: look at USDT dominance, that's starting to break down. So
Speaker 1: that's a good sign, and it's correlating with bigcoins move right,
Speaker 1: the stable coin liquidity is making its way into the
Speaker 1: markets so that the assets are running, so the USDT
Speaker 1: dominance is breaking down. However, what I'm concerned about, folks,
Speaker 1: is the stock market is showing a lot of weakness here.
Speaker 1: So you look at the S and P five hundred,
Speaker 1: you look at the NASAC, they're all rolling over. And
Speaker 1: what we've seen is that the gravitational pull up the
Speaker 1: stock market can bring down other assets such as crypto.
Speaker 1: So this is where the relief rally for crypto is
Speaker 1: not a move to new all time highs, and this
Speaker 1: is a further confirmation of that in addition to us
Speaker 1: being in a bear market, but the gravitational pull of
Speaker 1: the stock market starts dumping again. You got oil over
Speaker 1: one hundred dollars a barrow, you got Iran conflict here,
Speaker 1: so many things going on. These things are gonna drive
Speaker 1: pressure and it looks like there's distribution taking place here
Speaker 1: for the stock market, the NASDAC, the S and P
Speaker 1: five hundred, and much more. Now is it going to
Speaker 1: drop in a straight line? Of course, not right, And
Speaker 1: similar to crypto and what bigcoin's doing right right now,
Speaker 1: you're going to see a relief rally. Eventually, it's going
Speaker 1: to become over sold. In fact, the daily RSI is
Speaker 1: approaching the over soul zone. It's not there yet, but
Speaker 1: it's approaching it. And what do markets do like we've
Speaker 1: been talking about, right, they do the opposite of the herd.
Speaker 1: So everybody starts getting scared. They don't know how to
Speaker 1: read RSI or macdee or trend lines and all these things. Right, Like,
Speaker 1: for example, the stock market looks like he wants to
Speaker 1: break through the two hundred day moving average, and as
Speaker 1: you all know, nothing good happens below that. When you
Speaker 1: are above that, you're in a bull market. When you
Speaker 1: are below that, you're in a bear market. Right, So
Speaker 1: this is where we're going to have to wash this closely.
Speaker 1: But the good thing is this is it's like a
Speaker 1: slow distribution happening, and crypto may have its rally, then
Speaker 1: the stock market dumps it and everything starts going down
Speaker 1: to new lows. That's what it looks like. You know,
Speaker 1: could it change, you know, like I said, nothing's guaranteed today,
Speaker 1: upside or downside here? You know, could something break in
Speaker 1: the system. For example, I recently reported that Blackrock Limited
Speaker 1: withdrawals out of one of its funds. I think it's
Speaker 1: a private credit fund here, So you're starting to see
Speaker 1: some cracks in the system. If Blackrock has to do this,
Speaker 1: the world's largest asset manager something's wrong. Right, doesn't mean
Speaker 1: that I'm looking I'm a doomer and I'm calling for
Speaker 1: the collapse of the economy in nineteen twenty nine. That's
Speaker 1: not what I'm saying. Just these are signals that things
Speaker 1: are starting to break down, and we know the ultimate solution.
Speaker 1: What do the governments do? What does the FED do?
Speaker 1: They will step in and print money. They're not gonna
Speaker 1: let Blackrock go to zero. They're not gonna let the
Speaker 1: assets go to zero, because that will collapse the entire system.
Speaker 1: If you understand why we have to hold assets, why
Speaker 1: they keep printing money, and why those asset prices keep
Speaker 1: going up. Right, and here is a signal that worries me. Guys.
Speaker 1: It's giving me two thousand and eight vibes. And that
Speaker 1: is Jim Kramer tweeted out just on Friday the thirteenth,
Speaker 1: not buying the two seven scenario. If you recall when
Speaker 1: Bear Stearns and a lot of the Wall Street firms
Speaker 1: are starting to collapse, Jim Kramer said, don't take your
Speaker 1: money out. This is documented, there's videos of this. Right,
Speaker 1: don't take your money up. Bear Stearns is fine, blah
Speaker 1: blah blah. Right, he was telling the masses that everything's fine,
Speaker 1: and then literally a week later, massive dump, big time collapse,
Speaker 1: and we know how that story ended with bailouts and
Speaker 1: much more. So. Again, I'm not a dumer long term,
Speaker 1: I am bullish. I'm just saying near term, watch out.
Speaker 1: There could be something that comes up that breaks something
Speaker 1: and you can see assets dump, but that presents a
Speaker 1: buying opportunity, just like March twenty twenty, right when the
Speaker 1: pandemic started, just like the Tariff Liberation day last year,
Speaker 1: when market's all dumped and that was an opportunity to buy,
Speaker 1: and we went up after that. The problem is there's
Speaker 1: obviously two to three four month lag before things start
Speaker 1: picking up. Theme, right, They're going to let things get bad,
Speaker 1: and I think if FED will step in with some
Speaker 1: sort of bailout, they may not call it Q they'll
Speaker 1: call it something else. So asset prices will eventually go up.
Speaker 1: So I'm just giving you this scenario that it seems
Speaker 1: to be forming here. Again, not guaranteed. It could be
Speaker 1: that final catalyst that drives the stock market down, drives
Speaker 1: crypto a bit lower, right because we have been oversold,
Speaker 1: But it takes bitcoin to the fifty K's range and
Speaker 1: then we find some sort of bottom and then we
Speaker 1: move back up. So this is where you have to
Speaker 1: have the macro view. Don't get emotional if something breaks
Speaker 1: and there's panic and headlines. Right, you do not want
Speaker 1: to be part of the Jim Kramer news cycle and
Speaker 1: the mass is feeling fear and they start dumping, right,
Speaker 1: that's where you want to accumulate. So once you understand that, folks,
Speaker 1: it's game changing for your investments and it allows you
Speaker 1: to really really grow your wealth. And that's a lesson
Speaker 1: I had to learn. And I used to be that
Speaker 1: rollercoaster going with the headlines. Jim Kramer said this. Oh no,
Speaker 1: CNBC is saying, oh, look at the headline and the
Speaker 1: Wall Street Journal in the New York Times. Now that
Speaker 1: doesn't even bother me. I look to the charts, the
Speaker 1: on chain data, the macro factors, the fundamentals, right, I
Speaker 1: look at what the Fed is doing. So this is
Speaker 1: where you have to unlearn all that mainstream financial news
Speaker 1: nonsense rate and look at the data. So again, short term,
Speaker 1: I think bigcoin continues to move higher, some all coins
Speaker 1: pop off, not to new all time highs. Stock market
Speaker 1: is showing weakness and it could go a bit further down,
Speaker 1: maybe something breaks and then the Fed has to step
Speaker 1: in with some sort of bailout. We're going to have
Speaker 1: to wait and see. But patients and having the macro
Speaker 1: view is so important. Okay, look at this billionaire investor
Speaker 1: Stan drucken Miller said he expects global payment systems to
Speaker 1: run largely on stable coins within fifteen years, calling them
Speaker 1: more efficient, faster, and cheaper than the current infrastructure. So
Speaker 1: all the big name and investors now coming out of
Speaker 1: the woodwork saying they understand it. What's going to happen
Speaker 1: blockchain And it's because we've crossed the chasm, guys, right,
Speaker 1: blockchain technologies here to stay. We've talked about it at nauseum.
Speaker 1: The capital markets, the governments, and the economies will all
Speaker 1: run on blockchain rails. However, in the same interviews, Stan
Speaker 1: did say some negative things about bitcoin. However, what we've
Speaker 1: been seeing lately is that a lot of these guys,
Speaker 1: the big names like Chamat Pallpatilla, Stanley Drunkenmiller, they've been
Speaker 1: shorting clearly right. They flipped their narratives. When things are bullish,
Speaker 1: they'll give out their bullish narrative because they're long. When
Speaker 1: they're short like they are now, they'll come out and say, yeah,
Speaker 1: you know, I'm not sure quantum this quantum that they'll
Speaker 1: come up with some narrative. I've been here long enough
Speaker 1: and I see it. Not a lot of people see it, unfortunately,
Speaker 1: and they get caught off guard by the big name.
Speaker 1: Oh my god, Stan drunken Miller. Ray Dahlio said this.
Speaker 1: Chamat Palpatilla said this right, And I hope I know
Speaker 1: the game how it's played. These guys go on TV
Speaker 1: and they put out their narratives based on their position.
Speaker 1: So you got to make sure you don't just take
Speaker 1: what they're saying at phase value. You have to validate
Speaker 1: what they're saying with your own knowledge. So just FYI,
Speaker 1: we've been seeing a lot and I think a lot
Speaker 1: of these guys they saw that gold was the better trades,
Speaker 1: so they started shorting bitcoin, their long gold and all
Speaker 1: these things, and Ray Dalio kind of kicked it off.
Speaker 1: Then Chamat Palpatek he started doing the stand. Even though
Speaker 1: he's saying he's bullish on stable coins and blockchain, he
Speaker 1: started saying, you know, Bitcoin, I don't know, but yet
Speaker 1: In the last bull market cycle, He was like, bitcoin
Speaker 1: is a hedge and I'm long and it's the same
Speaker 1: thing over and over. Man. I hope you guys see
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Speaker 1: at this. This is very interesting coming off from Circle,
Speaker 1: which is the issue of the stable coin USDT so
Speaker 1: Circles us YC just became the world's largest tokenized money
Speaker 1: market fund. They actually surpassed black Rocks Biddle, which is interesting.
Speaker 1: So Jeremy a Lair founder and CEO of Circles set
Speaker 1: tokenized treasuries and repo as collateral is a major emerging
Speaker 1: use case and we are proud of how quickly this
Speaker 1: has grown. What's especially powerful about USYC is the ability
Speaker 1: to twenty four seven, three sixty five create and redeem
Speaker 1: it using USDC and a smart contract teller real time
Speaker 1: money and collateral is better. So pretty significant milestone, especially
Speaker 1: that they beat Blackrock to it, right but we're gonna
Speaker 1: see more and more of this. Competition's very good and
Speaker 1: very healthy, and it's great to see that a crypt
Speaker 1: native firm, which is now publicly traded, of course, is
Speaker 1: doing well. And I've often told you guys, you know,
Speaker 1: there's certain stocks that I invest in as far as
Speaker 1: crypto companies, Circle being one of them, Coinbase, so I
Speaker 1: look to buy them when they're the lows. I told
Speaker 1: you guys, I was not investing when Circle went public.
Speaker 1: Is the the price the stock price is inflated, but
Speaker 1: that it's down, I'm going to accumulate, right, So that's
Speaker 1: not financial advice, just you know, sharing what I'm usually
Speaker 1: doing with you guys, and it's up to you to
Speaker 1: do your own research. Of course, look at this. Wyoming's
Speaker 1: frontier stable coin, which is fr and T, the first
Speaker 1: US state issued stable coin, is now live on the
Speaker 1: Hydera blockchain. So I'm trying to get someone from Wyoming
Speaker 1: on to talk about this, and this could be a
Speaker 1: model for many different states. On the federal level, of course,
Speaker 1: you have different stable coins and issuers who are getting
Speaker 1: licenses after the Genius Act has been passed. And on
Speaker 1: the state level, it's to be determined how this will
Speaker 1: all play out, and you know, how are they going
Speaker 1: to compete? But you know, the economies for each state
Speaker 1: are large enough where they can have their own stable coin,
Speaker 1: have their citizens use it, and I get the benefits.
Speaker 1: The question is if I go to another state, you know,
Speaker 1: can I easily use that stable coin? And that's you know,
Speaker 1: whether it be interoperability and that type of thing. If
Speaker 1: it's all just backed by the US dollar. You know,
Speaker 1: we're gonna have to wait and see, but that would
Speaker 1: be ideal. You know, the states issue their own stable coin,
Speaker 1: and I can go to another state and spend it,
Speaker 1: and you know there's an instant swap and it's atomic settlement.
Speaker 1: I don't have to wait, and I don't have to
Speaker 1: do anything necessarily. I just scan and the back end
Speaker 1: everything's taken care of. Right. That would be the ideal scenario.
Speaker 1: But this is really great. I hold the h bar
Speaker 1: Tokei in my portfolio. I am bullish on this project
Speaker 1: long term. And like I said, trying to get someone
Speaker 1: on from Wyoming to talk about this stable coin. Now
Speaker 1: some not so good news for you guys, but it's
Speaker 1: important that you know about it. Apparently the DOJ is
Speaker 1: investigating Binance over crypto flows that may have flowed to terrorists,
Speaker 1: you know, Iran linked entities, things like that. By is
Speaker 1: saying that, you know, they don't know, and they're willing to,
Speaker 1: you know, go through the details and so forth. But
Speaker 1: I don't know how far this goes because we know
Speaker 1: the Trump administration part in CZ and there's some close
Speaker 1: collaboration on certain things. You know, Binance has invested I
Speaker 1: believe in the world liberty, financial staple coin and things
Speaker 1: like that. So we shall see. I've often stated that
Speaker 1: in the early days of crypto it was kind of
Speaker 1: the wild wild West, where it was so small. You know,
Speaker 1: there wasn't a lot of enforcement that kyc AML, not
Speaker 1: that folks were trying to be nefarious, it was just
Speaker 1: this entirely new marketing system. I remember using exchanges. I
Speaker 1: didn't have the kyc EML, but you know, me and
Speaker 1: millions of other people, we weren't trying to do anything
Speaker 1: the Ferris. We're just trying to buy the acid. Right.
Speaker 1: It was a pain in the ass. I remember having
Speaker 1: to buy stuff on a bitstamp and then move it
Speaker 1: over to Binance and to get it was It's crazy, man,
Speaker 1: and anyway, TLDR here is that maybe there were bad
Speaker 1: actors who fell through the cracks. You know, I don't
Speaker 1: doubt that, but I don't think the exchanges were trying
Speaker 1: to endorse that. Right, that's the point. And look, if
Speaker 1: they have to pay the fine, they have to pay
Speaker 1: the fine. Right, it is what it is. But I
Speaker 1: don't think that's happening now though, because things have changed drastically.
Speaker 1: The industry has matured. There have been a lot of
Speaker 1: the governments are requiring KYCAML checks and all that, which
Speaker 1: is good. And we'll see here where this goes. Now,
Speaker 1: something that's really pissing me off, and you guys know
Speaker 1: how I feel about it. I'll read the headline, Donald
Speaker 1: Trump mean coin team launched it second Galla promotion as
Speaker 1: Trump token hits all time low. I said it from
Speaker 1: the day he launched it or I heard this news.
Speaker 1: This is not something any president or public official should
Speaker 1: be doing. And I wish Donald Trump would shut this down.
Speaker 1: I tell the people, and well, hey, stop it. That's it.
Speaker 1: But it keeps wearing its ugly head and I hope
Speaker 1: it doesn't cause any big problems. The tokens down like
Speaker 1: ninety something percent, so is the Malania token down like
Speaker 1: ninety eight percent? Again, horrible optics, bad luck. I don't
Speaker 1: care what your politics are, even if you're the biggest
Speaker 1: Donald Trump fan in the world, you shouldn't be pushing
Speaker 1: anything like this because what's going to happen now. It
Speaker 1: sets the precedent that a Democrat leader comes into power
Speaker 1: and starts a mean coin, then we you know, we're
Speaker 1: gonna have a whole bunch of problems here. So I
Speaker 1: really really don't like this, and I hope that this
Speaker 1: someone talks to President Trump and the team they're like, dude,
Speaker 1: stop this, stop the meme coin. Like I don't have
Speaker 1: a problem with his son Eric having American bitcoin, right,
Speaker 1: that's like a degree of separation from President Trump. Eric
Speaker 1: is running it. It's not a mean Coin's a legit
Speaker 1: business and that type of thing. And it's even we're
Speaker 1: liberty financial, right, But the mean coin, man, come on,
Speaker 1: and you just look again, it's then ninety something percent,
Speaker 1: Like why are we doing it? Why are you guys
Speaker 1: trying to hold a dinner for this? This is ridiculous,
Speaker 1: so horrible, horrible decision here, bad optics, And I hope
Speaker 1: they don't continue to push this thing. And you know
Speaker 1: I mentioned the Claritiac that this things like this could
Speaker 1: potentially hold up the Claritiac. We are getting news here
Speaker 1: that potentially this bill may not pass this year. So
Speaker 1: here's the headline. US Claritiact unlikely to pass Senate Banking
Speaker 1: Committee before April, said Senator John Toon. So Alex Thorn
Speaker 1: of Galaxy Digital. He says, if Clarity doesn't pass committee
Speaker 1: by end of April, odds of passage in twenty twenty
Speaker 1: six become extremely low. This needs to hit the Senate
Speaker 1: floor by early May. Floor time is running out and
Speaker 1: odds diminish every day that passes. The framing right now
Speaker 1: is that the dispute over stable coin rewards is holding
Speaker 1: up to Clarity. But even if compromise is reached on rewards,
Speaker 1: there are likely to be other hurdles, possibly DeFi death protections,
Speaker 1: se see powers, or even ethics. Again, all right, I
Speaker 1: just talked about the Trump meme coin. You know, Elizabeth
Speaker 1: Warren and these bunch of people are gonna use the
Speaker 1: meme coin, saying, look look at the nonsense that's happening here.
Speaker 1: And this is why I again I wish Trump, But
Speaker 1: who the hell is advising him on these things. Stop
Speaker 1: with this bullshit meme coin and there's other things too,
Speaker 1: but the mean coins is it's an easy one. It's
Speaker 1: a it's an easy one, right. So this is where
Speaker 1: it pisses me off because we need to get this
Speaker 1: Clarity Act through and I'm concerned here that it's not
Speaker 1: looking like that with all the crap that's happening and
Speaker 1: Iran war and all that jazz with the Iran war
Speaker 1: and much more. And it's a midterm election year, so
Speaker 1: I don't know, guys. Hopefully we can get this done, hopefully, hopefully,
Speaker 1: but it's not looking good now. Most recently we heard about,
Speaker 1: you know, the NASAC New York Sock Exchange making big
Speaker 1: partnerships to investing crypto, as well as launch token is
Speaker 1: ation go twenty four to seven. And this article here
Speaker 1: does a great job summarizing what's happening. So I want
Speaker 1: to make sure I kind of rehash it so you
Speaker 1: guys are aware of it because it's such major news.
Speaker 1: So here's the headline from Coindez. Here's why NASDAC and
Speaker 1: the owner of the New York Stock Exchange are putting
Speaker 1: the one hundred and twenty six trillion dollar equity market
Speaker 1: on the blockchain. So as we've been talking about guys,
Speaker 1: capital markets, economies, and governments will all run on the
Speaker 1: blockchain rails. Wall Street's biggest exchanges are embracing digital assets
Speaker 1: by aiming to put the one hundred and twenty six
Speaker 1: trillion dollar equity market on blockchains, but they are not
Speaker 1: going at it alone. Rather, they are relying on crypto
Speaker 1: exchanges to get there. Over the past week, two of
Speaker 1: the world's most powerful exchange operators, NASDAC and Intercontinental Exchange
Speaker 1: also known as ICE, the parent company of the New
Speaker 1: York Stock Exchange, teamed up with the Digital Asset exchanges
Speaker 1: to merge equities with blockchains through tokenization. NASDAC is developing
Speaker 1: a framework that would allow publy listed companies to issue
Speaker 1: blockchain based versions of their shares while preserving traditional ownership
Speaker 1: rights and governments to distribute those tokenized stocks globally. The
Speaker 1: exchange is working with Payward, the parent company of crypto
Speaker 1: exchange Kraken. The offering will go live as soon as
Speaker 1: the first half of twenty twenty seven. Meanwhile, just days earlier,
Speaker 1: ICE revealed a strategic investment in crypto exchange OKX at
Speaker 1: a twenty five billion dollar valuation. That deal includes plans
Speaker 1: to launch new tokenized stocks and crypto futures, allowing the
Speaker 1: exchange operator to tap into okx's one hundred and twenty
Speaker 1: million user base. So it's so amazing how these traditional
Speaker 1: exchanges are tapping into crypto exchanges to get tokenization done,
Speaker 1: to get liquidity, and to help go twenty four to seven.
Speaker 1: So it's why I've been saying for a long time
Speaker 1: crypto was the first truly global acid class trading twenty
Speaker 1: four seven, three sixty five. There was never anything like it.
Speaker 1: And even the goal people sometimes they'd like to say, well,
Speaker 1: gold's been around for a long time, so globalasticly. Yeah,
Speaker 1: but you can't track it real time, and you can't
Speaker 1: verify at real time, and you can't move it right.
Speaker 1: So this is where they lose the argument, because yes,
Speaker 1: gold is distributed globally. Yes gold and even oil and
Speaker 1: all these things are distributed globally, but they don't operate
Speaker 1: as a true market moving liquidity and all these things right,
Speaker 1: real time connections and much more. It's very segmented. While
Speaker 1: bitcoin and all these assets you move something you see
Speaker 1: on the blockchain. So this is where all these companies
Speaker 1: now recognizing this is the way forward, and cryptos started
Speaker 1: it all. So I'm very bullish on the macro outlook
Speaker 1: of crypto guys, and like I've been saying, once the
Speaker 1: Clarity Act passes, I believe that kicks off the supercycle
Speaker 1: with adoption, innovation capital coming in and certainly higher valuations
Speaker 1: of these blockchain networks ender tokens. The question is, well,
Speaker 1: are you going to be patient and have the emotional
Speaker 1: control to go through the roller coaster ride of markets?
Speaker 1: You know, as we talked about at the beginning of
Speaker 1: the podcast, there could be something that's going to break
Speaker 1: very soon, and we see lower lows and masks capitulation
Speaker 1: and everybody gets fearful. Then the FED steps in prints money,
Speaker 1: and then we start to next bull cycle. It's the
Speaker 1: same thing over and over. The narratives may change, the
Speaker 1: catalysts may change, but it's the same damn thing over
Speaker 1: and over. So I hope this is eye opening for
Speaker 1: many of you. It was for me when I finally
Speaker 1: got that. And don't get me wrong, I'm not saying
Speaker 1: it's fun or it's easy to go through, but once
Speaker 1: you recognize what the hell is happening. The cyclicality of markets,
Speaker 1: the narratives and the sentiment and how that all works,
Speaker 1: and what the FED is doing with liquidity and all
Speaker 1: these things, and it's just cyclical, man. So just keep
Speaker 1: these things in the back of your mind and just
Speaker 1: be prepared for, you know, again, in the near term,
Speaker 1: something breaking, and we'll see how markets go from here.
Speaker 1: But in the short term, I think Bigcoe keeps running up,
Speaker 1: maybe today eighty k's possibly weeks to ninety and above
Speaker 1: that maybe and then all outperform it and then I
Speaker 1: think a rollover is coming, a rollover to maybe the
Speaker 1: lower lowers, but nothing crazy. You know, some people are
Speaker 1: calling for like we're going to twenty five k bro, Like, yeah, no, no,
Speaker 1: look at the over soul levels. We've already hit the
Speaker 1: over soul levels that we've seen in FTX and the
Speaker 1: other bear markets, right, so please stop with the twenty
Speaker 1: five k and all that nonsense. You know, could could
Speaker 1: we go to forty eight K? Yeah? Yeah, you know
Speaker 1: that's possible. I'm not saying that it must, I'm just
Speaker 1: saying it's possible. I'm prepared for that. At that point,
Speaker 1: I'll be looking to buy and then but you know
Speaker 1: we're gonna bottom and then keep going. I think the
Speaker 1: majority of the downside is already done here. If you
Speaker 1: go buy these standards, this market is shown we have
Speaker 1: we didn't have that big of an upside and is
Speaker 1: the passable market. So I don't believe you're having that
Speaker 1: big of a downside, right It's it's all relative anyway. Guys,
Speaker 1: that's the news. Let me know what you think. Leave
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