WEBVTT

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<v Speaker 1>Hey everyone, Welcome into the Thinking Crypto podcast. 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 a thumbsup button and leave a comment below.

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<v Speaker 1>If you're listening on a podcast platform such as Spotify

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<v Speaker 1>or Apple, please be sure to follow and leave a

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<v Speaker 1>five star rating. Folks, We've got lots of big news

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<v Speaker 1>to talk about, major updates with the crypto market structure, bill,

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<v Speaker 1>Bitcoin is dumping and much more. So you don't want

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<v Speaker 1>to miss this. Make sure you watch and listen to

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<v Speaker 1>the end. Okay, let's start with Bitcoin currently trading below

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<v Speaker 1>eighty two thousand dollars. The exact price is eighty eight

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<v Speaker 1>and eighty seven dollars, so this should come as no surprise, folks.

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<v Speaker 1>Over the past three to four weeks, I've been sharing

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<v Speaker 1>the wyke Off accumulation chart and the model that's been

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<v Speaker 1>shared by user Marti Party on x and we've been

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<v Speaker 1>talking about this thing could go lower. We could see

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<v Speaker 1>a double bottom where we're retesting the lows from November,

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<v Speaker 1>and it looks like that's what's setting up here. And

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<v Speaker 1>the confirmation behind that is that bitcoin is in the

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<v Speaker 1>oversl zone. The artist sign the daily chart is at thirty.

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<v Speaker 1>In addition, we've been looking at the bitcoin to gold

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<v Speaker 1>ratio chart and that is bottoming out. Not to mention,

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<v Speaker 1>the two year rolling mvrv Z score is the lowest

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<v Speaker 1>it has ever been, lower than twenty twenty two with

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<v Speaker 1>the FTX crash. So you're seeing some incredible bottoming signals here.

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<v Speaker 1>There's fear sentiment in the market, yet you have bullish

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<v Speaker 1>catalysts out there, such as the crypto market, structure, bill

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<v Speaker 1>and much more. So I believe a bounce is coming,

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<v Speaker 1>you know, following that why coof accumulation model. The big

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<v Speaker 1>question I've been sharing with you all the two scenarios

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<v Speaker 1>is this simply a move to one hundred and four

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<v Speaker 1>hundred and five thousand dollars then we roll over and

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<v Speaker 1>go into a bear market low or the continuation of

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<v Speaker 1>the bull market where we have that blow off top.

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<v Speaker 1>Now there are a lot of bear signals on the

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<v Speaker 1>charts right, but there are also some bullish. The macro

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<v Speaker 1>is definitely bullish because we're in quantitative easing, liquidity is rising.

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<v Speaker 1>Other assets like precious metals, the stock market a much

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<v Speaker 1>more are moving. But crypto seems stuck. So this is

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<v Speaker 1>where I believe crypto will catch up. I believe there

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<v Speaker 1>will be a rotation away from gold. And if you

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<v Speaker 1>look at goals chart, this is just the data now.

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<v Speaker 1>It has gone parabolic. It is extremely overbought. This is

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<v Speaker 1>per the charts now, so we could see a very

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<v Speaker 1>strong pullback. Now. Is that simply a local top that's

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<v Speaker 1>going to form or the boloff top for gold? We

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<v Speaker 1>don't know. We're gonna have to wait and see, because

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<v Speaker 1>it has been going crazy. You got silver hitting new

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<v Speaker 1>all time highs, even copper and palladium, all the metals

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<v Speaker 1>are moving and I believe once they cool down, whether

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<v Speaker 1>once again local top or boloff top, rotational liquidity to

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<v Speaker 1>the stock market in crypto and the bull case or

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<v Speaker 1>bitcoin is a move to one hundred and forty K

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<v Speaker 1>and of course all coins will follow. This would be

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<v Speaker 1>the ideal scenario. If you're simply an all coin holder,

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<v Speaker 1>you want to see this right, But there's no guarantee

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<v Speaker 1>it happens. So that's why I'm giving you multiple scenarios,

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<v Speaker 1>and we're going to have to be patient and see

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<v Speaker 1>how this all plays out. If people are not sharing

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<v Speaker 1>multiple scenarios with you. They're doing a disservice to you.

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<v Speaker 1>And if they are so adamant that they know what

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<v Speaker 1>exactly is going to happen next, please ask them for

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<v Speaker 1>the winning lottery numbers next week so we can go

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<v Speaker 1>play the lottery and make money that way. Right, But

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<v Speaker 1>at this point you can't definitively say this is a

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<v Speaker 1>bull market or this is a bear market. It's kind

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<v Speaker 1>of wait and see because the structure is still intact,

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<v Speaker 1>and you know, as long as bitcoin holds these structures,

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<v Speaker 1>then it can bounce and go to new highs. But again,

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<v Speaker 1>this cycle has been different. You got a lot of

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<v Speaker 1>different catalysts and headwinds and things that really threw us

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<v Speaker 1>a curveball, like tariffs, right, the big dump that happened

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<v Speaker 1>in the beginning of twenty twenty five, like Bitcoin hitting

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<v Speaker 1>a new all time high before the having like bitcoin

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<v Speaker 1>in its year after the having ending the year red

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<v Speaker 1>when it usually in green. These are facts. They're not disputable.

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<v Speaker 1>So we have to look at it with those things

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<v Speaker 1>in mind and say, you know what, if those things

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<v Speaker 1>are different, very different cycle, it could be that the

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<v Speaker 1>bounce is coming to new highs or again just simply

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<v Speaker 1>a retrace and we roll over into the lows and

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<v Speaker 1>the other factor I shared and actually Brian from Santaman

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<v Speaker 1>we did a video earlier this week where we talked

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<v Speaker 1>about this bigcoin. Whales have been slowly accumulating, so similar

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<v Speaker 1>pattern to what we've seen throughout this bullmarket and retail

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<v Speaker 1>they were accumulating a lot, but now they're starting to

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<v Speaker 1>slow down, and maybe this price pullback and maybe a

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<v Speaker 1>pull down to seventy a k or whatever to test

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<v Speaker 1>those loads in November is what drives retail down. They

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<v Speaker 1>get into the fear mode while whales keep accumulating, and

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<v Speaker 1>then we know what follows that massive pumps. So this

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<v Speaker 1>is just the data. I'm just simply sharing the data

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<v Speaker 1>here and I'm going to be doing a newsletter right

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<v Speaker 1>up tomorrow, so make sure you subscribe to the newsletter

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<v Speaker 1>where I put these charts and the data points in

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<v Speaker 1>there so that you can review them directly. Guys. So

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<v Speaker 1>we're gonna have to be patient and see how things

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<v Speaker 1>play out. Here's what macro investor Ral Palell had to

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<v Speaker 1>say regarding what's happening. He says everyone in cryptos now

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<v Speaker 1>says we can't have nice things like NASDAC, gold, silver, copper,

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<v Speaker 1>and em ripping higher. He shared a chart and said,

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<v Speaker 1>this is the divergence versus the NASDAC it barely registers.

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<v Speaker 1>Twenty twenty had something similar. So the chart compares the

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<v Speaker 1>Nasdaq one hundred versus Bitcoin, and they generally move in conjunction.

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<v Speaker 1>Because the NASDAK covers tech right, Bitcoin obviously you can

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<v Speaker 1>categorize it as a technology stock in a way. I'm

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<v Speaker 1>not saying it is, just you can you make that

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<v Speaker 1>correlation the closest thing in the stock market to it.

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<v Speaker 1>So he's essentially saying the thesis has not changed. Just

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<v Speaker 1>you have the broken four your cycle, and this thing

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<v Speaker 1>is following liquidity, which is now starting to catch up.

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<v Speaker 1>He also said the gap in Bitcoin versus the GMI

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<v Speaker 1>global total liquidity barely right registers. But we saw similar

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<v Speaker 1>in twenty fifteen and twenty twenty. There is nothing abnormal

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<v Speaker 1>about this current disconnect. Liquidity is rising. All you require

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<v Speaker 1>is patients and the market should catch up in time.

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<v Speaker 1>So I tend to agree with this because it's backed

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<v Speaker 1>by the data. Right. The liquidity again, I talked about

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<v Speaker 1>doing qe M two for many of these major countries

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<v Speaker 1>are rising Japan's doing stimulus and much more. So I

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<v Speaker 1>do believe crypto will catch up, but I could be wrong.

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<v Speaker 1>I have no problem in saying I'm wrong, because I'm

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<v Speaker 1>also not saying, hey, I know definitely what's going to

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<v Speaker 1>happen tomorrow and next come on. Right again, If I

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<v Speaker 1>knew that, I would have a time machine or a

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<v Speaker 1>crystal ball, and again I would go play the lottery.

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<v Speaker 1>I wouldn't be in the market investing. So I hope

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<v Speaker 1>you guys understand I'm being very transparent and reasonable here,

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<v Speaker 1>and that's what we have to be. And there are

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<v Speaker 1>differences in this cycle. You can't just say, oh, it's

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<v Speaker 1>just like twenty twenty two. It's just like twenty No,

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<v Speaker 1>it's not. When did bitcoin hitting new all time high

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<v Speaker 1>before they're having? Never did. When did bitcoin after the

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<v Speaker 1>year after the having end the year in the red?

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<v Speaker 1>It never did that, So things are different this time around.

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<v Speaker 1>Now look at this. President Trump says he'll be announcing

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<v Speaker 1>the new Federal Reserve chair tomorrow morning. So we saw

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<v Speaker 1>on polymarket recently, Rick Ryder cio Blackrock was leading, but

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<v Speaker 1>all of a sudden you have Kevin worsh He is

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<v Speaker 1>now in the lead. And he spiked up to eighty

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<v Speaker 1>eight percent per poly market. Now he is bitcoin and

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<v Speaker 1>crypto friendly. Obviously it's not blackrock. But at the end

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<v Speaker 1>of the day, whoever goes in there is gonna do

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<v Speaker 1>Trump's bidding. Trump has a crypto agenda. Obviously, he wants

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<v Speaker 1>rates lower, he wants money printing, he wants crypto to

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<v Speaker 1>be in brak. So the end goal is still the

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<v Speaker 1>same here. So let's see and let's see how the

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<v Speaker 1>market reacts. It may not do anything tomorrow. It might

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<v Speaker 1>dump even further because volatility comes anytime there's some sort

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<v Speaker 1>of fed announcement and market makers left to play with

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<v Speaker 1>people's emotions. So I would wait for the to settle

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<v Speaker 1>to see how this pans out. And a big potential

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<v Speaker 1>rod block has been removed. The Senate reached a spending

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<v Speaker 1>deal to avoid a US government shutdown. This was something

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<v Speaker 1>we were all concerned about. Would it further disrupt liquidity,

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<v Speaker 1>would it delay the crypto market structure built? Well, this

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<v Speaker 1>has been resolved, so this is a big headwind and

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<v Speaker 1>roadblock out of the way. So I think this is bullish, right, folks,

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<v Speaker 1>because we saw what happened in Q four where you

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<v Speaker 1>had the big dump off the Trump announcement of China

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<v Speaker 1>terrorists and all that which you rolled back, and of

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<v Speaker 1>course the government shut down which delayed a lot of things,

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<v Speaker 1>so this is very good. Things are looking like they're

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<v Speaker 1>setting up nicely here with the market bottoming out soon

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<v Speaker 1>and all that and then start moving and I believe

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<v Speaker 1>a ton a ton of bitcoin options expire tomorrow, so

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<v Speaker 1>all these things could be very good, folks. This episode

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<v Speaker 1>is brought to you by v chain, which is one

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<v Speaker 1>of the top layer one enterprise blockchains out there, which

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<v Speaker 1>is getting huge adoption by companies around the globe who

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<v Speaker 1>are building incredible web free technologies. I've been a vet

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<v Speaker 1>token holder since twenty eighteen. I'm very bullish on this

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<v Speaker 1>project and their partner with Dana White in the UFC.

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<v Speaker 1>Dana White last year said he bought a million dollars

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<v Speaker 1>Consulting Group, and many others. And some of the great

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<v Speaker 1>features of the v chain blockchain includes its scalable, secure, fast, compliant,

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<v Speaker 1>and purpose led and they're using their ecosystem and blockchain

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<v Speaker 1>technology to build really cool reward programs like the Better

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<v Speaker 1>and much more where it rewards people for doing things

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<v Speaker 1>and with the VET token you can stak via stargate.

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<v Speaker 1>So if you'd like to learn more about v chain,

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<v Speaker 1>go to vchain dot org. Link will be in the description. Okay, folks,

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<v Speaker 1>we got a big win today for the CLARITIAC. So

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<v Speaker 1>the Senate Agriculture Committee passed its portion of the CLARITIAC

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<v Speaker 1>out of the committee twelve to eleven party line vote,

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<v Speaker 1>with no Democrats voting in favor, so a couple of Definitely,

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<v Speaker 1>we're seeing progress. Right. The sausage making process is ugly,

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<v Speaker 1>but it is what it is. This is how it happens.

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<v Speaker 1>The Democrats really did not vote for this because of

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<v Speaker 1>the Trump conflict of interest items. I don't know how

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<v Speaker 1>that will affect future votes and other committees within the Senate.

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<v Speaker 1>We're going to have to wait and see. But it's

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<v Speaker 1>great that this bill is moving forward. So we are

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<v Speaker 1>seeing progress here, which is very very good. Now a

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<v Speaker 1>bunch of the folks in the industry weigh in on this,

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<v Speaker 1>and I want to share what they have to say.

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<v Speaker 1>So White House cryptos are David Sachs said, with today's

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<v Speaker 1>vote to advance crypto market structure legislation out the Senate

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<v Speaker 1>Agriculture Committee. We are one step closer to establishing the

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<v Speaker 1>necessary regulatory framework to make the United States the crypto

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<v Speaker 1>capital of the world. Thank you to Chairman John Boozman

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<v Speaker 1>as well as his staff for their leadership throughout this process.

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<v Speaker 1>While the vote was partisan, a number of Democrat members

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<v Speaker 1>stated their commitment to passing this important legislation. We will

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<v Speaker 1>continue to work with them on a bypart and basis

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<v Speaker 1>to achieve that goal. So again, things are moving ahead

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<v Speaker 1>nicely here and this is what we want to see.

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<v Speaker 1>So Brian Armstrong, CEO of Coinbase, said, really important step

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<v Speaker 1>forward today on market structure legislation with the Senate Agriculture

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<v Speaker 1>Committee passing its portion of the bill. Thanks to Chairman

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<v Speaker 1>John Boozman for his leadership or your leadership, Senator Corey

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<v Speaker 1>Booker for ultimately helping America to get comprehensive bipartisan crypto

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<v Speaker 1>bill across the finish line. Now. Ripples CEO Brad garling

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<v Speaker 1>House also waited in saying the last couple of weeks

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<v Speaker 1>have been an absolute firestorm of action to get the

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<v Speaker 1>Market Structure bill passed. While the US Senate Banking Committee

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<v Speaker 1>clears its logjam. Thank you to Senator Tim Scott. Congrats

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<v Speaker 1>are in order to Senate Agriculture GOP Chairman John Boozman

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<v Speaker 1>for advancing the Senate Agriculture Committee's Market Structure Bill out

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<v Speaker 1>of the committee today. He says, as I've said before,

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<v Speaker 1>clarity is better than chaos. The legislative process can be

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<v Speaker 1>messy and complex, but it's one hundred percent necessary to

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<v Speaker 1>have clarity for this and future generations of crypto entrepreneurs, builders,

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<v Speaker 1>and users as this technology becomes increasingly ingrained into our

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<v Speaker 1>global financial infrastructure. So guys, things are looking good. It

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<v Speaker 1>looks like this built with no government shut down happening,

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<v Speaker 1>could definitely get passed by the end of Q one

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<v Speaker 1>and the March obviously, right, So very very good. Now,

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<v Speaker 1>there is a lot happening on the SEC and CFTC front.

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<v Speaker 1>So today SEC Chair Paul Atkins and new CFDC chair

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<v Speaker 1>Mike sea Leg held a joint event where they talked

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<v Speaker 1>about working together on crypto and they have or they

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<v Speaker 1>said they are expecting to sign an agreement on crypto oversight.

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<v Speaker 1>So here's what Mike sea Leg tweeted out. He says,

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<v Speaker 1>I'm pleased to announce that the CFDC is partnering with

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<v Speaker 1>the SEC on Project Crypto, bringing coordination, coherence, and unified

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<v Speaker 1>approach to the federal oversight of crypto asset markets. This

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<v Speaker 1>is bullish. You got the two agencies, which you know,

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<v Speaker 1>in a pass I've competed against each other, are working

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<v Speaker 1>together to get legislation, get rules of the rod out.

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<v Speaker 1>And you know, I recently interviewed Austin Campbell and I've

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<v Speaker 1>had him on the pot. He's very, very, very smart guy.

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<v Speaker 1>And in the interview one of the things he mentioned

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<v Speaker 1>was it's not so much the Clarity Act that's important.

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<v Speaker 1>While we do need it, it's not so much that

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<v Speaker 1>that needs to get past. It's the SEC and CFDC

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<v Speaker 1>need to provide rules because they're the regulatory agencies. They

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<v Speaker 1>do the majority of the enforcing right, So even though

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<v Speaker 1>you may have a bill, the SEC does not give

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<v Speaker 1>you the details the fine point so to speed. Same

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<v Speaker 1>thing with the CFTC. It's really gonna not help. So

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<v Speaker 1>great to see things that are moving ahead here. And

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<v Speaker 1>in addition, they were both Mike Selak and Paul Atkins

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<v Speaker 1>on CNBC to talk about crypto and one of the

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<v Speaker 1>things that Paul Atkins said he says now is the

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<v Speaker 1>right time to open up the twelve point five trillion

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<v Speaker 1>dollars four one k retirement market to crypto. So this

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<v Speaker 1>could be another bullish catalyst. So he could be once

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<v Speaker 1>the orchestructure bill passes, they right away do this because

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<v Speaker 1>it seems like they have it ready on deck, and

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<v Speaker 1>that brings in a ton of money into crypto, and

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<v Speaker 1>that could be a big catalyst again that drives bitcoin

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<v Speaker 1>and all coins to a blow off top to new highs. Again,

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<v Speaker 1>not guaranteed. I don't have a crystal ball, but I'm

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<v Speaker 1>sharing you with the facts that are happening here and

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<v Speaker 1>the potential scenarios that could play out. So this could

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<v Speaker 1>be very, very bullish. We're gonna have to wait and see.

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<v Speaker 1>We're gonna monitor the charts, We're gonna monitor the unchained data.

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<v Speaker 1>We're gonna monitor the macro with legislation, liquidity and all

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<v Speaker 1>these things, you know, opening up of major capital coming

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<v Speaker 1>in from four to one k's and all that. So

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<v Speaker 1>we're gonna monitor all these things guys as we continue.

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<v Speaker 1>So make sure you are subscribed if you haven't as yet,

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<v Speaker 1>you following on the podcast platforms, you leave a five

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<v Speaker 1>star rating, hit the thumbs up button. It doesn't cost

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<v Speaker 1>you anything to do that, but it supports the podcast

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<v Speaker 1>a lot. And of course be sure to subscribe to

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<v Speaker 1>my free email newsletter. It is one hundred percent free

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<v Speaker 1>on substack. Again, I put a lot of charts and

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<v Speaker 1>data points in here that you can access anytime. You

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<v Speaker 1>can bookmarket and go to it. It doesn't cost you

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<v Speaker 1>anything again, and I'm gonna be putting out a write

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<v Speaker 1>up tomorrow, so make sure guys, you are subscribed here.

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<v Speaker 1>And also if you want to support the podcast, you

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<v Speaker 1>can also grab a copy of my book on Amazon.

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<v Speaker 1>It's available in paperback and digital. And if you want

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<v Speaker 1>to expand your knowledge around crypto and blockchain tech and

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<v Speaker 1>much more, check out my course at Mycrypto course dot com.

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<v Speaker 1>This is a comprehensive course that teaches you everything you

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<v Speaker 1>need to know about crypto, so check it out, folks.

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<v Speaker 1>Thank you so much for tuning in. I appreciate you all, folks,

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<v Speaker 1>and I'll talk to you all later.