WEBVTT 1 00:00:05.080 --> 00:00:08.560 Hey, everybody, Welcome into the Thinking Crypto Podcast. You're home 2 00:00:08.640 --> 00:00:12.400 for cryptocurrency news and interviews. I'm your host, Tony Edward. 3 00:00:12.599 --> 00:00:15.199 On your way in. Please let that subscribe button as 4 00:00:15.199 --> 00:00:17.480 well as a thumbsup button and leave a comment below. 5 00:00:17.719 --> 00:00:20.399 If you're listening on a podcast platform such as Spotify 6 00:00:20.519 --> 00:00:23.920 or Apple, please leave a five star rating and review. Folks. 7 00:00:23.960 --> 00:00:26.199 I am back home from vacation. I'm back in my 8 00:00:26.280 --> 00:00:29.960 home studio, so the audio quality should be better. But 9 00:00:30.000 --> 00:00:32.439 we got some big news to cover, guys. Big day, 10 00:00:32.520 --> 00:00:36.159 big announcement from the Trump administration. The US government is 11 00:00:36.200 --> 00:00:39.240 about to reopen in much more. And we see bitcoin 12 00:00:39.359 --> 00:00:41.920 right now trading just below one hundred and six thousand 13 00:00:41.960 --> 00:00:44.719 dollars on the daily chart. We're seeing a bounce and 14 00:00:44.759 --> 00:00:47.439 it looks just like we've seen throughout this bull market, 15 00:00:47.719 --> 00:00:50.359 where bitcoin went below the two hundred day moving average 16 00:00:50.399 --> 00:00:52.960 that's the bullmarket line in the sand, and then starts 17 00:00:52.960 --> 00:00:56.240 to recover. Because we know nothing good happens below that 18 00:00:56.280 --> 00:00:58.640 two hundred day moving average. If you are below that 19 00:00:58.759 --> 00:01:00.880 in a downtrend, you are in a bear market, right 20 00:01:00.960 --> 00:01:04.079 I've said that at nauseum, and on that same daily chart, 21 00:01:04.159 --> 00:01:06.879 the RSI is moving away from the over soul zone. 22 00:01:07.000 --> 00:01:09.799 So you have extreme fear, you have bitcoin over sold, 23 00:01:10.120 --> 00:01:12.560 and you have these huge narratives in the market. Now 24 00:01:12.599 --> 00:01:15.239 we have work to do. I'm not calling home saying 25 00:01:15.280 --> 00:01:17.719 this is the start of the reversal pump, because on 26 00:01:17.719 --> 00:01:20.439 the weekly chart the bears are stelling control, but on 27 00:01:20.480 --> 00:01:23.040 the higher timeframe of the monthly chart, the bulls are 28 00:01:23.079 --> 00:01:25.480 stealing control. So we got work to do here. Bitcoin 29 00:01:25.560 --> 00:01:29.200 has a lot of support levels to reclaim so that 30 00:01:29.319 --> 00:01:32.280 we can say, hey, this is indeed the reversal and 31 00:01:32.280 --> 00:01:35.480 the continuation, So please understand what I'm saying. We are 32 00:01:35.519 --> 00:01:38.920 seeing some positive signs, but we got work to do now. 33 00:01:38.959 --> 00:01:43.120 One important thing is that bitcoin has corrected just about 34 00:01:43.159 --> 00:01:46.200 twenty two percent, so not even as bad as we've 35 00:01:46.239 --> 00:01:49.760 seen throughout this bull market, where we've seen minus thirty 36 00:01:49.799 --> 00:01:51.959 two percent, thirty three percent and so forth. So this 37 00:01:52.000 --> 00:01:55.560 is nothing even though people have been so fearful. Right 38 00:01:55.879 --> 00:01:58.000 people been calling the top of the market, and much 39 00:01:58.040 --> 00:02:01.000 more so. Here analyst Michael Posinos says, this is the 40 00:02:01.040 --> 00:02:04.439 same as four out of the last six corrections. But 41 00:02:04.519 --> 00:02:08.360 the important thing is guys, Bitcoin closed the weekly very strong, 42 00:02:08.479 --> 00:02:11.400 So here Benjamin Cohen says Bitcoin managed to close above 43 00:02:11.439 --> 00:02:14.719 the fifty week SMA, so that's a key support level. 44 00:02:14.919 --> 00:02:16.960 Now it has to get back above that two hundred 45 00:02:17.000 --> 00:02:19.919 day moving average, like I said, but we are seeing 46 00:02:20.120 --> 00:02:23.879 positive signs here. Analyst Kevin Spence and said Bitcoin has 47 00:02:23.960 --> 00:02:28.199 closed it's weekly above all key levels. The macro bowl 48 00:02:28.319 --> 00:02:31.879 trend remains intact. So again, guys, this is just the data, 49 00:02:32.240 --> 00:02:36.080 not feelings, not emotions, not hopium, just the data showing 50 00:02:36.120 --> 00:02:39.240 that it did close above the key support levels. And 51 00:02:39.319 --> 00:02:40.919 like I said, we don't want to call home and 52 00:02:40.919 --> 00:02:43.039 say this is the reversal pump. Yet, we want to 53 00:02:43.080 --> 00:02:46.719 see the markets show us and give us confirmation. So 54 00:02:47.000 --> 00:02:49.479 Bitcoin needs to put the work in here. But we 55 00:02:49.599 --> 00:02:53.439 got the macro factors and the narratives. For example, the 56 00:02:53.479 --> 00:02:56.439 Senate reaches the deal to end the government shutdown, so 57 00:02:56.479 --> 00:02:59.280 it looks like the government's going to be fully open tomorrow. Now. 58 00:02:59.319 --> 00:03:03.240 I've been sharing these respective milestones and landmark events and 59 00:03:03.400 --> 00:03:05.560 narratives for a long time, right, I've been sharing it 60 00:03:05.599 --> 00:03:08.000 in my newsletter on the podcast. So I said, some 61 00:03:08.039 --> 00:03:11.280 of the key factors that show this bullmark is not 62 00:03:11.360 --> 00:03:15.479 over include the FED ramping down QT and starting QE 63 00:03:15.840 --> 00:03:19.479 and continuing ray cuts, the government reopening, plus you got 64 00:03:19.479 --> 00:03:23.080 the Market Structure Bill still in the Senate, and you 65 00:03:23.199 --> 00:03:25.719 got the all quintfs to be approved by the SEC. 66 00:03:26.280 --> 00:03:29.400 So with the government reopening, we're going to see the 67 00:03:29.479 --> 00:03:32.520 latter two get done, guys. And of course we get 68 00:03:32.560 --> 00:03:35.400 confirmation from Jerome Powell, Chairman of the Federal Reserve, that 69 00:03:35.400 --> 00:03:39.400 they're ending QT come December first. Plus the New York 70 00:03:39.400 --> 00:03:43.520 Fed Governor just said on Saturday or Friday that they're 71 00:03:43.560 --> 00:03:46.960 going to return to QE very soon. I reported on that, right, folks. 72 00:03:47.039 --> 00:03:50.800 So all of these things are lighting up here very beautifully. 73 00:03:51.120 --> 00:03:54.719 And then you throw in President Trump says Americans will 74 00:03:54.719 --> 00:03:58.680 get at least two thousand dollars dividend payment, excluding high 75 00:03:58.680 --> 00:04:01.759 income earners. He wants to use the tariff revenue to 76 00:04:01.800 --> 00:04:04.719 give Americans the dividend. Now, I know this is a 77 00:04:04.759 --> 00:04:07.960 whole can of worms. There's a whole political debate. I 78 00:04:08.039 --> 00:04:12.080 understand the tariff implications and how that was already like 79 00:04:12.159 --> 00:04:15.639 taxing people and much. I'm not here to talk about that. 80 00:04:15.759 --> 00:04:18.839 I'll save that for the political podcast to handle. But 81 00:04:19.240 --> 00:04:21.439 the fact of the matter is, if they are going 82 00:04:21.480 --> 00:04:24.000 to indeed do this This is going to drive retail 83 00:04:24.079 --> 00:04:26.560 to come in and you know we're going to see 84 00:04:26.639 --> 00:04:29.199 something like what we saw in twenty twenty, where you 85 00:04:29.240 --> 00:04:32.199 get these stimmy checks and people are you know, investing 86 00:04:32.240 --> 00:04:34.759 in the markets. Now, will everybody invests in the markets. 87 00:04:34.839 --> 00:04:37.079 Of course not. They're actual people who need it. They 88 00:04:37.120 --> 00:04:39.800 need to you know, pay their bills and much more 89 00:04:39.839 --> 00:04:41.920 so we want to be cognizant of that, but a 90 00:04:41.920 --> 00:04:43.680 good amount you know, they're going to go and put 91 00:04:43.720 --> 00:04:46.480 it into the market. We've seen this time and time again, 92 00:04:46.560 --> 00:04:51.480 and this I think could spur the retail fomo because 93 00:04:51.519 --> 00:04:53.839 one of the things I've been saying NonStop is when 94 00:04:53.879 --> 00:04:57.319 have we seen the market top without true euphoria? Agreed, 95 00:04:57.399 --> 00:05:00.160 we didn't see euphoria. All we saw was fear. So 96 00:05:00.199 --> 00:05:02.560 I said, that is not right. History is not on 97 00:05:02.600 --> 00:05:06.279 the side of people calling the market top. So again, right, 98 00:05:06.480 --> 00:05:09.199 We've been looking at this market holistically. You got a 99 00:05:09.240 --> 00:05:13.160 lot of chart guys who don't understand macro and market fundamentals. 100 00:05:13.279 --> 00:05:15.920 I've been giving you that plus the charts. Right, you 101 00:05:15.959 --> 00:05:17.839 have to look at all of these things together, not 102 00:05:18.000 --> 00:05:20.759 just one. You can't have tunnel vision, so be careful 103 00:05:20.759 --> 00:05:22.560 with some of these chart guys, who are not telling 104 00:05:22.560 --> 00:05:24.879 you about global liquidity, who are not telling you about 105 00:05:25.079 --> 00:05:28.160 what the FED is doing with quantitative easing, because you 106 00:05:28.199 --> 00:05:30.439 can't just look at those things, and you can't just 107 00:05:30.480 --> 00:05:31.920 look at the charts. You have to look at them 108 00:05:31.920 --> 00:05:34.839 together to get a full view of the market, right guys. 109 00:05:34.879 --> 00:05:37.639 So I hope you appreciate that. So you know, we'll 110 00:05:37.639 --> 00:05:42.720 see Trump posted on truth Social about this now. Scott Pissent, 111 00:05:43.040 --> 00:05:45.920 Secretary of the Taragy he kind of backtracks some of it. 112 00:05:46.000 --> 00:05:49.279 But look, I think Trump sees there's a bit of 113 00:05:49.319 --> 00:05:52.920 a need for this politically because of what happened recently 114 00:05:53.079 --> 00:05:57.480 with the elections. Plus you know the Supreme Court is 115 00:05:57.519 --> 00:06:00.800 going to be reviewing the Terriiff city situation. So I 116 00:06:00.839 --> 00:06:03.959 don't know, maybe they push it back and this is 117 00:06:04.000 --> 00:06:06.040 the way to make up for it. I don't know, right, 118 00:06:06.079 --> 00:06:09.240 I'm just guessing, but I think those are plausible scenarios. 119 00:06:09.279 --> 00:06:12.199 So let's see. But this would add fuel to the fire. 120 00:06:12.279 --> 00:06:14.519 This is the cherry on top of the Sunday as 121 00:06:14.560 --> 00:06:18.920 you have retail FOMO in with their tariff stimmy checks 122 00:06:18.920 --> 00:06:20.759 if you want to call it that. Now, I like 123 00:06:20.800 --> 00:06:22.639 what nature Raci had to say and I kind of 124 00:06:22.680 --> 00:06:25.839 alluded to it earlier. Government shut down equals SPOT crypto 125 00:06:25.920 --> 00:06:28.639 ETF floodgates opening, So the SEC will be able to 126 00:06:29.000 --> 00:06:31.560 get going on these and he says in the meantime, 127 00:06:31.680 --> 00:06:34.639 we could see the first thirty three Act spot XRP 128 00:06:34.759 --> 00:06:37.240 ETF launched this week. So, like I said, the government 129 00:06:37.319 --> 00:06:39.680 opening allows the SEC to do their job and the 130 00:06:39.720 --> 00:06:42.800 Senate to get that crypto bill through. So these are 131 00:06:42.920 --> 00:06:45.680 major milestones with a crypto market. And like I said 132 00:06:46.000 --> 00:06:48.439 in the most recent podcast, I don't think the market 133 00:06:48.480 --> 00:06:52.920 makers and the whalers are dumb like that to skip 134 00:06:53.000 --> 00:06:57.079 these things which could drive massive retail FOMO and kick 135 00:06:57.160 --> 00:07:00.959 us into a massive rally to the blow off top, honestly, right, 136 00:07:01.040 --> 00:07:03.839 So that's just what I'm thinking. Look, it's not guaranteed, 137 00:07:04.000 --> 00:07:07.759 but I think if we think logically here, realistically, we 138 00:07:07.839 --> 00:07:09.680 look at all the things and all the factors that 139 00:07:09.720 --> 00:07:14.800 are happening, I think those are plausible scenarios. Now, Arkham, 140 00:07:14.839 --> 00:07:18.040 which is a crypto analytics firm, they highlighted that Trump 141 00:07:18.079 --> 00:07:22.000 Media and Technology Group holds over one billion dollars a bitcoin. 142 00:07:22.399 --> 00:07:26.519 That's pretty crazy. Over one point three billion of bitcoin 143 00:07:26.680 --> 00:07:32.279 as of September thirty, twenty twenty five. Incredible. So look, 144 00:07:32.519 --> 00:07:35.399 I know there's a whole political conversation here, but I'm 145 00:07:35.439 --> 00:07:38.399 just looking at it from an investment standpoint. Again, I'll 146 00:07:38.439 --> 00:07:43.000 save the political commentary for political podcasts, right guys. And look, 147 00:07:43.040 --> 00:07:44.959 you're free to share your comments in a comment section. 148 00:07:45.079 --> 00:07:47.680 I understand, but just note that I'm not going into 149 00:07:47.720 --> 00:07:50.600 these political talking points because that's not what we do here. 150 00:07:51.519 --> 00:07:55.720 But this right here is confirmation that I think Trump 151 00:07:55.920 --> 00:07:59.920 and his family they're betting big because they know what's coming. Again, 152 00:08:00.040 --> 00:08:01.839 you got to read between the lines here, right, So 153 00:08:02.639 --> 00:08:04.480 I don't think they would be holding this asset if 154 00:08:04.480 --> 00:08:08.040 it's about to dump and go down to the bear 155 00:08:08.120 --> 00:08:10.120 market bottom that some people are saying. I think they 156 00:08:10.160 --> 00:08:12.399 will sell as we're nearing the top. So we're gonna 157 00:08:12.399 --> 00:08:15.519 watch all of these things closely, now, folks. This episode 158 00:08:15.560 --> 00:08:17.519 is brought to you by v Chain. V chain is 159 00:08:17.519 --> 00:08:21.120 one of the top Layer one enterprise blockchains in the market. 160 00:08:21.399 --> 00:08:23.759 I've been a VET token holder for many years. I'm 161 00:08:23.839 --> 00:08:26.120 very bullish on this project and some of the key 162 00:08:26.160 --> 00:08:30.639 features of the v chain blockchain includes its secure, affordable, scalable, fast, 163 00:08:30.639 --> 00:08:37.679 and sustainable. Some of the brands working with vchain include BMW, Walmart, China, Javon, Chi, PwC, 164 00:08:38.039 --> 00:08:41.159 even Boston Consulting Group. They're doing some amazing projects with 165 00:08:41.200 --> 00:08:44.519 Boston Consulting Group and they're also partnered with Dana White 166 00:08:44.559 --> 00:08:47.320 in the UFC. Most recently, Dana White said that he 167 00:08:47.440 --> 00:08:50.840 purchased one million dollars of the VET token and recently 168 00:08:50.919 --> 00:08:54.480 v chain launch staking via stargate. So once again, folks, 169 00:08:54.559 --> 00:08:56.480 I am a VET token holder. And if you'd like 170 00:08:56.519 --> 00:08:58.480 to learn more about v chain, go to v chain 171 00:08:58.559 --> 00:09:01.399 dot org. Link would be in the description. Now look 172 00:09:01.399 --> 00:09:04.200 at this, folks, big news coming out the CFTC, so 173 00:09:04.480 --> 00:09:08.279 US regulator that may rule over digital assets, pushing towards 174 00:09:08.639 --> 00:09:12.679 cryptospot trading. So this is coming out from Commissioner Caroline 175 00:09:12.720 --> 00:09:15.759 fam Will. She's the acting Commissioner, so it says here 176 00:09:15.919 --> 00:09:19.639 Caroline fam the acting head of the CFTC, the agency 177 00:09:20.000 --> 00:09:23.039 likely to take over much of the US oversight of 178 00:09:23.039 --> 00:09:26.919 crypto trading, has been meeting personally with regulated exchanges to 179 00:09:27.000 --> 00:09:30.720 get retail spot crypto products, rolling sources say. The stand 180 00:09:30.759 --> 00:09:33.559 in leader of the commodities regulator is also said to 181 00:09:33.559 --> 00:09:37.320 be seeking to establish a dedicated trial unit in its 182 00:09:37.440 --> 00:09:41.759 enforcement division, which has been recently depleted amid the widespread 183 00:09:41.759 --> 00:09:45.600 cuts in the federal government or federal employment. Another policy 184 00:09:45.639 --> 00:09:48.840 priority will be the allowance of stable coins as tokenized 185 00:09:48.840 --> 00:09:52.600 collateral earlier next year, though it's uncertain whether FAM will 186 00:09:52.639 --> 00:09:56.240 have moved on by then with what sources indicate is 187 00:09:56.279 --> 00:10:01.720 her plan to work at Moonpay the CFTCE. You know, 188 00:10:02.120 --> 00:10:04.799 it's a bit thin when it comes. There's a bit 189 00:10:04.799 --> 00:10:07.480 of a skeleton crew running it right now. But shout 190 00:10:07.480 --> 00:10:11.759 out to Acting Chair Commissioner FAM because she's been doing 191 00:10:11.960 --> 00:10:15.600 an amazing job despite the lack of manpower the CFTC, 192 00:10:15.720 --> 00:10:17.639 if you want to put it that way, and we 193 00:10:17.720 --> 00:10:22.000 see her, you know, really spearheading a lot of crypto initiatives, 194 00:10:22.039 --> 00:10:24.639 and the SEC in parallel has been doing the same thing. 195 00:10:24.679 --> 00:10:27.759 And I think they're all trying to get this market 196 00:10:27.759 --> 00:10:30.399 to a certain place where more capital can come in, 197 00:10:30.519 --> 00:10:32.720 and of course that's very good for us who are 198 00:10:32.799 --> 00:10:36.480 early adopters. Now, look at this news Ledger, the hardware 199 00:10:36.519 --> 00:10:40.200 company is considering a New York IPO or fundraise as 200 00:10:40.279 --> 00:10:44.480 demand for hardware wallet climbs. So, folks, one of the 201 00:10:44.519 --> 00:10:46.960 factors I've been stating, why does the bull markets got over. 202 00:10:47.080 --> 00:10:50.559 You have many crypto companies as well as traditional tech 203 00:10:50.559 --> 00:10:54.320 companies looking to do IPOs. No one does an ip 204 00:10:54.440 --> 00:10:57.039 in a bear market, please show me right, Only a 205 00:10:57.080 --> 00:11:00.600 fool would do that. So these people are anticipating that 206 00:11:00.799 --> 00:11:03.600 the bull market continues and they are working with the 207 00:11:03.600 --> 00:11:05.799 big bangs and the big Wall Street firms who are 208 00:11:05.840 --> 00:11:08.720 doing lots of analysis on this. So they're not idiots. 209 00:11:08.759 --> 00:11:12.240 So again read between Alliance right, why would they be 210 00:11:12.279 --> 00:11:16.000 planning IPOs? WHI is crack in securitize in others looking 211 00:11:16.000 --> 00:11:19.000 to do to open AI right, looking to do an IPO. 212 00:11:19.120 --> 00:11:22.559 Come on, guys, right, this is where the chart. Guys, 213 00:11:23.399 --> 00:11:25.480 they get blinded by just charts. But you got to 214 00:11:25.519 --> 00:11:28.879 look at what's happening in the market. So this is 215 00:11:28.919 --> 00:11:32.159 another sign. And Ledger is a big hardware company and 216 00:11:32.559 --> 00:11:35.840 another crypto company looking to go public. Folks. Now, final 217 00:11:35.879 --> 00:11:39.960 news item, Pakistan mulls rupee backed stable coin as country 218 00:11:40.080 --> 00:11:44.559 sees twenty five billion dollar crypto opportunity. So we continue 219 00:11:44.559 --> 00:11:48.200 to get news from across the globe of countries embracing crypto, 220 00:11:48.320 --> 00:11:53.039 setting up the guardrails with their legislation, investing launching stable coins, 221 00:11:53.080 --> 00:11:55.600 trying to attract as much of the business as possible, 222 00:11:56.200 --> 00:11:59.639 So Pakistan is considering launching a rupee backed stable coin, 223 00:11:59.679 --> 00:12:03.639 as experts warned that delays in regulating digital assets could 224 00:12:03.639 --> 00:12:06.480 cost the country up to twenty five billion dollars in 225 00:12:06.600 --> 00:12:10.600 lost economic opportunities. Folks, what have I said over the years? 226 00:12:10.759 --> 00:12:14.879 Any country that bans cryptos writing their economic death sentence 227 00:12:15.320 --> 00:12:18.480 because the markets, the economies and the governments will all 228 00:12:18.519 --> 00:12:21.960 be running on blockchain rails. So here you go. Now 229 00:12:22.000 --> 00:12:24.159 the narrative is coming out. What we need to do 230 00:12:24.240 --> 00:12:26.279 is we're going to lose money. Right, of course, you're 231 00:12:26.279 --> 00:12:29.279 gonna lose out on jobs, revenue, tax revenue and all that. 232 00:12:29.759 --> 00:12:34.080 So speaking at these Sustainable Development Policy Institute conference on Friday, 233 00:12:34.480 --> 00:12:39.879 Pakistan Banks Association presidents Afar Masoud said the nation could 234 00:12:39.919 --> 00:12:43.320 unlock twenty to twenty five billion dollar in crypto related growth, 235 00:12:43.360 --> 00:12:46.960 according to a report by local news outlet Daily Times. 236 00:12:47.440 --> 00:12:50.799 Masoud pointed out that booming global stable coin market, adding 237 00:12:51.000 --> 00:12:54.759 that Pakistan is seriously considering a rupee backed stable coin 238 00:12:55.159 --> 00:12:58.440 and that a central bank digital currency CBDC could improve 239 00:12:58.519 --> 00:13:04.200 financial access while reducing remittance costs. Folks, I hope you 240 00:13:04.279 --> 00:13:07.120 see the direction the puck is heading in here, and 241 00:13:07.159 --> 00:13:09.759 we want to skate to that direction, right, So you 242 00:13:09.759 --> 00:13:12.679 make sure you're looking at this market from a macro perspective. 243 00:13:12.720 --> 00:13:14.600 There's money to be made here, but you got to 244 00:13:14.639 --> 00:13:17.879 be patient. It's a rollercoaster ride because markets are volatile, 245 00:13:17.919 --> 00:13:21.600 and crypto because it's still very young, it's extremely volatile. 246 00:13:21.639 --> 00:13:25.679 But that's where the opportunity lies because nothing moves like this. 247 00:13:25.840 --> 00:13:28.600 Nothing gives you the swing up, and look you got 248 00:13:28.600 --> 00:13:31.320 the swing down, which is pretty bad. But this is 249 00:13:31.320 --> 00:13:33.679 where we are going to follow it closely, look at 250 00:13:33.679 --> 00:13:38.080 the different signals and identify the top zone so we 251 00:13:38.120 --> 00:13:40.480 can start taking our profits. And when the bear market 252 00:13:40.600 --> 00:13:42.840 rolls around and it's bloody out there and people are 253 00:13:42.840 --> 00:13:45.320 calling crypto scam again, I'll be backing up the truck 254 00:13:45.360 --> 00:13:47.600 and hopefully you'll be here with me doing the same thing, 255 00:13:48.000 --> 00:13:50.039 and we're going to rinse and repeat for the next 256 00:13:50.080 --> 00:13:53.960 bull cycle. So again, this bull market's not over. Based 257 00:13:54.000 --> 00:13:56.159 on the data, the facts, and all the things I've 258 00:13:56.159 --> 00:13:59.720 shared so far, and much more I've often covered in 259 00:13:59.799 --> 00:14:02.120 d Tail in my newsletter, there's much more to this, 260 00:14:02.679 --> 00:14:04.559 and we want to make sure we're checking our emotions 261 00:14:04.600 --> 00:14:07.440 at the door. We're not operating by emotions because you 262 00:14:07.440 --> 00:14:09.879 will get wrecked if you're approaching the market that way. 263 00:14:09.919 --> 00:14:11.559 You get to look at the data and you got 264 00:14:11.600 --> 00:14:14.600 to exercise a lot of patients, right, folks. So again, 265 00:14:14.879 --> 00:14:18.200 it's not over, and I think we'd still out you know, 266 00:14:18.440 --> 00:14:21.200 a final fifth wave macro fifth wave if you call 267 00:14:21.240 --> 00:14:24.960 it that, you know from an Elliott wave standpoint, before 268 00:14:25.039 --> 00:14:28.759 this market tops out. And look, not just the crypto market, 269 00:14:28.759 --> 00:14:31.000 but the stock market as well, because all of these 270 00:14:31.039 --> 00:14:33.720 assets are following global liquidity. What have we seen over 271 00:14:33.759 --> 00:14:38.240 the past two three years. Crypto hitting new highs, stock 272 00:14:38.279 --> 00:14:41.759 market hitting new highs, real estate and precious metals. Right, 273 00:14:41.799 --> 00:14:45.440 gold was going nuts. You guys saw the parabolic blow 274 00:14:45.480 --> 00:14:47.639 off top. If you look, it might be a local top, 275 00:14:47.639 --> 00:14:50.120 but that's sure, it looked like a parabolic blow off top. 276 00:14:50.200 --> 00:14:54.159 So let's see. Let's see what happens with gold. And 277 00:14:54.440 --> 00:14:56.200 you know, we don't have a crystal ball, but we're 278 00:14:56.200 --> 00:14:58.879 going to look at the data and continue to study 279 00:14:58.919 --> 00:15:01.399 this closely. Folks. That's the news. Let me know what 280 00:15:01.440 --> 00:15:03.440 you think. Leave your thoughts and comments below, hit the 281 00:15:03.480 --> 00:15:06.000 thumbs up button, hit the subscribe button. If you haven't 282 00:15:06.080 --> 00:15:08.559 subscribed as yet, and folks, a great way you can 283 00:15:08.600 --> 00:15:12.080 support the podcast is by subscribing to my free email newsletter. 284 00:15:12.279 --> 00:15:14.960 I will be putting out a write up tomorrow. Link 285 00:15:15.000 --> 00:15:17.279 will be in the description. Check out my book on 286 00:15:17.360 --> 00:15:21.360 Amazon and my course at Mycrypto course dot com. This 287 00:15:21.399 --> 00:15:23.919 is a comprehensive course that teaches you everything you need 288 00:15:23.919 --> 00:15:26.279 to know about crypto. So, folks, thank you so much 289 00:15:26.279 --> 00:15:29.120 for tuning in. I appreciate you all and I'll talk 290 00:15:29.159 --> 00:15:30.399 to you all later.