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<v Speaker 1>Hey, everybody, Welcome into the Thinking Crypto Podcasts. You're home

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<v Speaker 1>for cryptocurrency news and interviews. I'm your host, Tony Edward.

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<v Speaker 1>On your way in. Please hit that subscribe button as

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<v Speaker 1>well as the thumbs up button and leave a comment below.

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<v Speaker 1>If you're listening on to podcast platforms such as Spotify

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<v Speaker 1>or Apple, please leave a five star rating and review. Folks.

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<v Speaker 1>Let's kick it off by looking at Bitcoin, currently trading

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<v Speaker 1>at one hundred and seventeen thousand, seven hundred and two dollars.

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<v Speaker 1>So obviously, over the past couple of days we saw

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<v Speaker 1>Bitcoin breakouts to new highs. Today it crossed over one

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<v Speaker 1>hundred and eighteen thousand dollars. So everything is looking bullish here.

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<v Speaker 1>But as I've been saying, expect volatility, and we could

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<v Speaker 1>see Bitcoin and somebody all coins pull back and retest

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<v Speaker 1>support levels. This is normal, this is healthy, nothing to

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<v Speaker 1>panic about. So I want to make sure many of

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<v Speaker 1>you are prepping your mindset around this because you will

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<v Speaker 1>see sharp corrections. This is normal and par for the course,

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<v Speaker 1>especially when you have very strong moves like we saw

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<v Speaker 1>it bitcoin. So if you look at Bitcoin on the

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<v Speaker 1>weekly chart the higher timeframe, we see that it's RSI,

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<v Speaker 1>the Relative Strength Index still has room to go before

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<v Speaker 1>it hits that overbought zone, and the MACD is still

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<v Speaker 1>in green. And these are the metrics and signals we've

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<v Speaker 1>been monitoring for months showing that the bullmarket was still intact.

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<v Speaker 1>So this is a very good sign. Here analysts Wrecked

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<v Speaker 1>Capital shared an updated timeline for the bullmarket using Bitcoin

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<v Speaker 1>as the measuring stick, and he says here the bullmarket

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<v Speaker 1>progress is ninety percent completed, so we got ten percent

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<v Speaker 1>to go. So over the next four to five months, folks,

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<v Speaker 1>we could see that off top, which would put us

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<v Speaker 1>around the November in Q four. So just be prepared.

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<v Speaker 1>And as I've been saying, if you plan to take profits,

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<v Speaker 1>make sure you have a plan. Don't just watch the

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<v Speaker 1>price go up. You need to know what price points

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<v Speaker 1>you're taking the distributions at. So make sure you got

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<v Speaker 1>that plan. Now. I know many of you are big

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<v Speaker 1>time all coin holders. You want to know when is

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<v Speaker 1>my all coin going to move? So the first phase

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<v Speaker 1>is Bitcoin doing that massive strong move starts waking up

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<v Speaker 1>the market right, pulling some all coins, and then the

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<v Speaker 1>liquidity will start flowing throughout the large cap, small caps

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<v Speaker 1>and medium caps as well, and here if we look

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<v Speaker 1>at the total market cap excluding bitcoin, etherorem and stable coins,

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<v Speaker 1>you can see we got to move here. That's all

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<v Speaker 1>the all coins excluding bitcoin, stable coins an e theorem.

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<v Speaker 1>That's a very good sign, folks, and that's what you

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<v Speaker 1>want to see. I know many of you hold different

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<v Speaker 1>all coins, you know, I have like v chain in

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<v Speaker 1>my portfolio, h bar and many others, and we're waiting

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<v Speaker 1>for a lot of these coins to start moving. So

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<v Speaker 1>this is a very positive sign we're seeing here. And

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<v Speaker 1>of course, like I said, we're in a bull market.

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<v Speaker 1>This is the start of the next bull run. It

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<v Speaker 1>will move in phases itself, and I believe this could

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<v Speaker 1>be a local top. We see a correction come late August,

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<v Speaker 1>a kind of a bottoming out in September, then the

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<v Speaker 1>next run October into November, blow off top. That's honestly

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<v Speaker 1>what I'm personally anticipating. Now. We have to monitor it

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<v Speaker 1>closely to see if anything deviates right, if anything comes

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<v Speaker 1>up that changes the timeline, for example, the tariff uncertainty

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<v Speaker 1>crash push back the timeline for markets. Usually markets start

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<v Speaker 1>rallying April into May and then sell and May go away,

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<v Speaker 1>and then June and so forth we start seeing corrections

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<v Speaker 1>instead of summer. That timeline has clearly been shifted, where

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<v Speaker 1>now we're seeing the rally in July, and we'll take

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<v Speaker 1>it into August early August, and then we'll have a

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<v Speaker 1>correction as mentioned. So I hope you understand where we're

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<v Speaker 1>at and where we're going. Now, as I mentioned, you

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<v Speaker 1>can expect some retests and pullbacks. And here the blockchain

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<v Speaker 1>backer put together a charge showing potential ABC corrections from

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<v Speaker 1>this move. But it doesn't mean it's over. It's just

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<v Speaker 1>retesting support levels and then you see another massive breakout.

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<v Speaker 1>So please have in the back of your mind if

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<v Speaker 1>next week Bitcoin all of a sudden goes back to

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<v Speaker 1>test one hundred and twelve K or one hundred and

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<v Speaker 1>thirteen whatever it is, right, and then everybody says, oh

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<v Speaker 1>my god, that's it. No, it will be just a

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<v Speaker 1>healthy retest, and of course the all coins may follow. Now,

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<v Speaker 1>the other confirmation we have of this bull rally starting

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<v Speaker 1>his Bitcoin dominance is breaking down. This is clear on

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<v Speaker 1>the charts. You can see here the dominance has fallen

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<v Speaker 1>from around sixty six point four percent to now sixty

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<v Speaker 1>four point four to seven percent. So that's a positive

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<v Speaker 1>sign for the markets or the crypto market. In addition,

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<v Speaker 1>you got USDT tether dominance breaking down as well. It

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<v Speaker 1>is currently at four point three eight. I expected to

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<v Speaker 1>go below four, and a lot of this liquidity will

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<v Speaker 1>help pump the market to higher highs. So we will

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<v Speaker 1>continue to monitor these different metrics and signals to help

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<v Speaker 1>us have an idea where things are going. But as

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<v Speaker 1>I mentioned, all coins are waking up, and you just

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<v Speaker 1>look at the XRP chart currently at two dollars and

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<v Speaker 1>eighty cents. I think today it touch two dollars and

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<v Speaker 1>ninety cents if I'm not mistaken. So that's a beautiful chart, man,

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<v Speaker 1>And I'm anticipating higher highs. I will be taking profits

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<v Speaker 1>on XRP starting at five bucks. I'm not cashing out everything.

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<v Speaker 1>I'm gonna be laddering out, as I've stated many times

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<v Speaker 1>over the past couple of years, as the bull market started,

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<v Speaker 1>and I'm hoping we can get to eight, possibly nine

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<v Speaker 1>to ten. That's not a guarantee. I'm not saying it's

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<v Speaker 1>definitely gonna happen. I'm saying it's a probability. But you know,

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<v Speaker 1>we don't know where the market's going to top out,

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<v Speaker 1>so I'll start taking at five, I'll take at six, seven, eight,

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<v Speaker 1>and start cashing out in phases. I hope you understand

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<v Speaker 1>what I'm saying here, because no one can call the

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<v Speaker 1>exact top now etherorem. A very good sign for the

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<v Speaker 1>entire all coin market cap is that Etherorem is also

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<v Speaker 1>on the move, currently just below three thousand dollars, and

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<v Speaker 1>you can see here a nice green candle. It is

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<v Speaker 1>back above the two hundred day moving average as well.

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<v Speaker 1>So all great signs. And if you caught my newsletter today,

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<v Speaker 1>and if you're not subscribe, please make sure you subscribe.

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<v Speaker 1>It's one hundred percent free. I shared some updated charts,

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<v Speaker 1>especially the Elliott wave analysis for the total market cap,

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<v Speaker 1>and you can see here we are still on the rise.

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<v Speaker 1>We still got ways to go. The macro fifth wave

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<v Speaker 1>has not been completed yet, but you can see it

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<v Speaker 1>will be completed as we head later into the year.

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<v Speaker 1>In addition, the four point two three six extension on

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<v Speaker 1>the Fibonacci model for the total market cap has not

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<v Speaker 1>been completed as well. Now a four point two three

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<v Speaker 1>six extension takes us to about a ten trillion dollar

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<v Speaker 1>market cap. I don't think that's outlandish or far fetch.

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<v Speaker 1>I think that's possible. Now is it guaranteed? Of course not,

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<v Speaker 1>you know, maybe a top side of about nine or

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<v Speaker 1>even eight. We'll just have to wait and see how

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<v Speaker 1>it plays out. But based on these different charts and signals,

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<v Speaker 1>you could potentially see that. Right. So this is where

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<v Speaker 1>we want to form our thesis and watch it closely

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<v Speaker 1>so we know where things are headed and we can

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<v Speaker 1>now prepare accordingly. Now, folks, quick word from our sponsor,

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<v Speaker 1>and that is v chain. V chain is one of

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<v Speaker 1>the top layer one enterprise blockchains out there. I'm very

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<v Speaker 1>bullish on v chain. I'm a VET token holder. I

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<v Speaker 1>have been since twenty eighteen. They are working with many

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<v Speaker 1>different brands and companies around the world. These companies and

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<v Speaker 1>brands are using vchain to build web three technologies. Some

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<v Speaker 1>of the key features of the v chain blockchain includes

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<v Speaker 1>it's secure, affordable, scalable, fast, and sustainable. Some of the

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<v Speaker 1>brands and companies they work with include PwC, Walmart, China,

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<v Speaker 1>Sam's Club, BMW, Boston Consulting Group. They are also partner

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<v Speaker 1>with Dana White and the UFC doing some incredible stuff.

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<v Speaker 1>Most recently, Dana White said, he bought millions of dollars

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<v Speaker 1>of the vet token and he's very bullish and that

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<v Speaker 1>was his first purchase of crypto. So vchain doing incredible stuff.

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<v Speaker 1>And like I said, I'm a token holder, have been

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<v Speaker 1>for many years before they even became a sponsor, So

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<v Speaker 1>I'm very bullish on his project. So if you'd like

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<v Speaker 1>to learn more about vchain, go to vchain dot org.

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<v Speaker 1>Link will be in the description. Now, folks, we've been

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<v Speaker 1>tracking bitcoin spot ETF inflows, especially black Rocks, because we've

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<v Speaker 1>been seeing massive accumulation and incredible growth. And there's an

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<v Speaker 1>article highlighting some of the growth spot Bitcoin ETFs see

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<v Speaker 1>one billion dollars of inflows as ibit becomes the fastest

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<v Speaker 1>fund to hit eighty billion dollars in assets. So we've

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<v Speaker 1>been seeing black Rocks a bitcoin ETF outpace and breaking

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<v Speaker 1>records of all ETFs in the history of the ETF market.

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<v Speaker 1>We're talking all the stock ETFs, the gold ETFs. Bitcoin

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<v Speaker 1>is breaking that and specifically ibit Blackrocks version. So what

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<v Speaker 1>do you think is happening here, folks? It's incredible and

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<v Speaker 1>of course we know bitcoin is hard gap there's only

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<v Speaker 1>going to be twenty one billion many bitcoins have been lost,

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<v Speaker 1>there's still more to be mine. So when you have

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<v Speaker 1>this amount of buying, you have incredible supplying demand, economic

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<v Speaker 1>explaining out here, which is impacting the price. So it's

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<v Speaker 1>incredible that this has become the fastest traded exchange traded

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<v Speaker 1>fund to reach eighty billion dollars and we are seeing

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<v Speaker 1>billions entering these bigcoin ETFs. It's not just Black Rocks.

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<v Speaker 1>There's Fidelity and Franklin, Templeton and Bitwise and many others.

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<v Speaker 1>So incredible growth. Now here's some news around an ethereum

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<v Speaker 1>treasury company, and that is Sharplink. We've been seeing companies

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<v Speaker 1>doing this with bitcoin. Now they have expanded to Etheroreum,

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<v Speaker 1>Salon and XRP. So Etheroreum Foundation sells ten thousand ether

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<v Speaker 1>to Sharplink in first such OTC deal. The company is

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<v Speaker 1>positioning ETH as its primary treasury reserve assets and said

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<v Speaker 1>it plans to steak and restinke the acquired ETH, effectively

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<v Speaker 1>removing it from circulation. So, for those of you who

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<v Speaker 1>don't know, OTC means over the counter and that is

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<v Speaker 1>not placed in the markets like your buying sell order.

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<v Speaker 1>So that's why it doesn't move the market. So this

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<v Speaker 1>is essentially for example, if you and I met in

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<v Speaker 1>person and you said, hey, I'm going to send you

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<v Speaker 1>ten thousand dollars, give me x amount of bitcoin, and

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<v Speaker 1>I just send it to your wallet, that transaction is

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<v Speaker 1>not captured on the open market. It doesn't affect the

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<v Speaker 1>buying or selling and so forth. And OTC is how

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<v Speaker 1>a lot of institutionals buy their coins. That's why sometimes

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<v Speaker 1>you hear, hey, these guys are buying, and people are like,

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<v Speaker 1>why didn't move the market, Well, they bought it OTC

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<v Speaker 1>and sometimes they buy very small increments where you can't

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<v Speaker 1>even know what's happening. Michael Saylor said they've done that

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<v Speaker 1>in the past with micro Strategy buying because he didn't

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<v Speaker 1>want to move the market, so they bought like very

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<v Speaker 1>small increments and they'll do one thousand transactions, right, so

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<v Speaker 1>no one can tell who bought it or what's happening.

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<v Speaker 1>It just looks like a normal thing. But this is

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<v Speaker 1>incredible what Sharplink is doing. And that's a lot of

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<v Speaker 1>ETH they bought. Man, incredible. It looks like it's a

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<v Speaker 1>twenty five point seven million dollar OTC deal and this

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<v Speaker 1>is I think the largest ETH treasury company, and their

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<v Speaker 1>ticker symbol, because they're a publicly traded company is s

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<v Speaker 1>BET SBET, and they're going to be staking somebody's eat.

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<v Speaker 1>So that's incredible stuff. Here's another example. What a Salana

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<v Speaker 1>treasury company, so sol Nastak listed firm secures two hundred

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<v Speaker 1>million dollars in financing with over one hundred and fifty

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<v Speaker 1>million tied to Salana treasury strategy. So you Pexi, a

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<v Speaker 1>Tampa based consumer brands company listed on NASDAC, announced Friday

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<v Speaker 1>it has secured approximately two hundred million dollars in new

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<v Speaker 1>financing through a combination of equity and convertible new offerings.

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<v Speaker 1>A portion of the proceeds will support you Pexi's existing operations,

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<v Speaker 1>while the rest will be used to grow its cryptocurrency

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<v Speaker 1>treasury with a special focus on Solana. It's incredible, folks,

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<v Speaker 1>and my hope is that this doesn't form some sort

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<v Speaker 1>of bubble. And I'm very curious to see how these

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<v Speaker 1>companies handle the bear market once it comes. Because even

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<v Speaker 1>if the bear market is not as brutal as we've

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<v Speaker 1>seen in the past, and the crypto market, you know

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<v Speaker 1>there's going to be a pullback because we've seen markets

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<v Speaker 1>move in cycles. They follow liquidity, So if liquidity is

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<v Speaker 1>on its way down like it was after the Q

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<v Speaker 1>four rally into January, the markets will follow. So these

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<v Speaker 1>are things to keep in mind. Now, look at this

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<v Speaker 1>Tether to discontinue USDT, which is it's stable coined on

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<v Speaker 1>five blockchains to refocus resources. So it looks like some

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<v Speaker 1>blockchains that may not be getting as much adoption, Tether

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<v Speaker 1>is not supporting USDT on it anymore. And this includes

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<v Speaker 1>omni layer Kusama, Bitcoin Cash SLP. I don't know what

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<v Speaker 1>the hell that is. And they also halted on EOS

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<v Speaker 1>and algorm, so this makes sense. This is normal. I

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<v Speaker 1>think you can see Circle do the same thing. That

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<v Speaker 1>blockchains that are not getting as much adoption and there's

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<v Speaker 1>not much you know, transactions, people are not using the

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<v Speaker 1>USD coin on those blockchains, they're gonna you know, shut

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<v Speaker 1>it off. So that makes sense. So there's nothing crazy

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<v Speaker 1>here now, folks. Final item here. As many of you know,

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<v Speaker 1>next week will be crypto week where Congress specifically the

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<v Speaker 1>House will be voting on the stable coin bill and

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<v Speaker 1>if that passes, it goes straight to President Trump for

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<v Speaker 1>signatures to be put into law. And you also have

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<v Speaker 1>the market structure which will be voted on, and the

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<v Speaker 1>anti CBDC bill when the If those pass, they will

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<v Speaker 1>go to the Senate. So next week is a very

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<v Speaker 1>big week. And if you caught my interview with Congressman

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<v Speaker 1>French Hill, who's the chairman of the House Financial Services Committee,

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<v Speaker 1>he broke it all down. So if you haven't seen it, folks,

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<v Speaker 1>go watch it. It's gonna be a historic week, folks.

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<v Speaker 1>It's very significant. And man, if stable coin legislation passes

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<v Speaker 1>and it goes to Trump, I think that could be

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<v Speaker 1>a catalyst that sends this market bananas because I think

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<v Speaker 1>mainstream media is going to pick up on it. You

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<v Speaker 1>may see right away a lot of banks and folks

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<v Speaker 1>come out and say, Okay, legislation has passed, we're ready

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<v Speaker 1>to launch our stable coins. You'll have the media frenzy this.

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<v Speaker 1>This could certainly be a catalyst. But you know, we'll

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<v Speaker 1>have to wait and see. But next week will be huge.

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<v Speaker 1>I will be tuning in. I'll bring you all the details.

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<v Speaker 1>If there is any of the hearings that are we're

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<v Speaker 1>able to live stream, I'll be streaming it because it's

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<v Speaker 1>gonna be significant, especially around stable coins and As I mentioned,

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<v Speaker 1>David Sachs had highlighted the updated timeline for the crypto

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<v Speaker 1>market structure, and as mentioned, the market structure of passed

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<v Speaker 1>and the House goes to the Senate and they have

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<v Speaker 1>a September timeline. So I hope you see how this

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<v Speaker 1>major catalyst, the market structure, is a much more bigger

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<v Speaker 1>and influential bill than the stable cooined bill going towards

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<v Speaker 1>Q late Q three right the start of the next

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<v Speaker 1>final blow off top see the timing of these things, right,

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<v Speaker 1>It's very interesting. These are things I'm paying attention to,

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<v Speaker 1>and that's why I'm sharing with you, and we'll be

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<v Speaker 1>watching closely because we're not only looking at charts. We're

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<v Speaker 1>looking at on chain data, We're looking at the macro,

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<v Speaker 1>we're looking at what the governments are doing. You got

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<v Speaker 1>to look at all these factors to get a full

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<v Speaker 1>lay of the land. You don't want to have tunnel

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<v Speaker 1>vision for one item. You can't just look at legislation.

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<v Speaker 1>Oh yeah, I'm gonna move with what Congress is. You

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<v Speaker 1>can't do that, right. You can't just look at the

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<v Speaker 1>on chain data. What are the whales doing? You can't

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<v Speaker 1>just look at the global liquid You get to look

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<v Speaker 1>at it all together to get an idea of where

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<v Speaker 1>things are headed. So, folks, again, check out my interviewer

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<v Speaker 1>Congressman Friends Shield. It's a great one and it'll give

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<v Speaker 1>you all the details you need to know about next week. Folks,

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<v Speaker 1>thank you so much for watching and listening. Be sure

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<v Speaker 1>to support the podcast by subscribing to my free email newsletter.

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<v Speaker 1>It's one hundred percent free. Check out my book on Amazon.

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<v Speaker 1>It's available in paperback in digital, and check out my

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<v Speaker 1>course at Mycrypto course dot com. This is a comprehensive

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<v Speaker 1>course that teaches you everything you need to know about

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<v Speaker 1>crypto Folks. I appreciate you all and I'll talk to

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<v Speaker 1>you all later