Bitcoin Bear Market ALMOST OVER: Bottom Level REVEALED

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This is Discover Crypto.

We have a huge show for you today.

Bitcoin has lost $70,000.

Are we going to continue to dump or can the RSI save us the relative strength indicator?

I'm joined here by Drew today and Drew, we're just cutting into it.

No intro because I notice we're one minute late.

Yeah, you know, I'm just so tired of winning.

It's the winning is overwhelming right now with all the markets, you know,

doing well, oil back over $100 this morning.

And now people are talking about some sort of energy lockdown mess.

The narrative is there.

It's ugly.

Hopefully not.

Oh, yeah, it's look a real bad in the Philippines, especially East Asia definitely have an oil

career, energy crisis right now, but we got some pretty crazy stories for you today.

We're not just going to look at the Bitcoin charts.

We also have Bitcoin back loans hitting the mainstream and then we have a major, major

development from Elon Musk's ex and what that means for crypto.

And then we also have circle drama freezing stable coin, even getting caught out by Zach

XBT, but then circle maybe has a response here.

But first, let's look at the Bitcoin charts here, a couple of things I wanted to point out

Drew and let me go ahead and bring in here just so you can kind of see what I'm talking

about.

I'm starting to see the RSI roll over now.

We're going to do some longer term trends, some longer term time frames and a second

here.

I just want to zoom in a little bit here.

So looking at the five minute, you can see the RSI bottomed out, but continue to do

bull dives, you know, the RSI is heading higher.

The prices were heading lower, but you can continue to go out on the other time frames.

10 minute, you also see the RSI starting to turn around 20 minute.

You also see the RSI starting to turn around strong bull dives on the 20 minute, go in

the 30 minute.

You still have the bull dives and then it starts to peter out after an hour.

So maybe we could be looking at a little short term, maybe one more flash.

And then we might start seeing really, really strong reversals here and one more thing

I did want to point out, just looking at a shorter time frame here, going from the tops

here, you go straight down, shows you that right there.

So Drew, that's what I'm seeing with the Bitcoin charts, smelling a potential reversal

in the cards here.

Yeah, man, and we're right on the trend line, you know, that we've been bouncing off

of on the larger time frames for a while.

We tapped back down to that trend line this morning.

Yesterday, at least the compass is working good for the last few weeks.

I feel really good about that yesterday.

Are you going to tell your towel story in a minute?

I'll bring up the chart, dude.

Oh my gosh.

Drew, have they rolled the coaster of emotions for you folks?

I was personally attacked by potential towel yesterday.

It was absolutely personal.

They saw me hop on Shane.

They saw the trade and hell followed with them.

So I'll show you guys here in a minute, as we get into the old coin section, but yeah,

I'm saying eight months left in the bear market.

Drew, what is your time horizon here?

Now, are you saying we have eight more months looking at Mars,

they're saying basically into November.

So it would actually be a 13 month bear market.

What is your timeline for the bottom actually being in?

I mean, historically, these things take like three or 400 days to get ourselves back

in a good, positive money flow.

We're about 70 days into red money flow right now.

So the party to the downsides kind of just gotten started.

And you know, I put out a video last night.

I've used the price to produce Bitcoin as kind of that spot where I was able to back up

the truck and buy the lows on Bitcoin each time at like 4K.

And then in the recent, you know, last bear market, we hit 15, 16 K.

I used the price to produce as that moment that signal to hammer in.

The price to produce though has been lowered on the electrical cost side,

even with oil going up the way it has is kind of a very interesting video where

the dynamics of the Bitcoin miners are becoming more effective, ashrate dropping.

And a lot of things are playing into and the beginning of minor capitulation,

Bitcoin mining companies having to sell the cover cost,

seeing an ugly signal about that with marathon overnight that I'm sure we got in the rundown.

But yeah, we got some, we do have some marathon news now.

I see a little bit of a bounce here and I want to show the liquidation heat map.

We don't show this all too often, but it's pretty important if you are a trader here.

This is, and let me make it a little bit less violent looking here.

The bright lines, this is a liquidation heat map.

This is the heat map for liquidation.

So when you see a bright line, people are going to get liquidated at that level.

I'm seeing some liquidations in this range, 68,600.

And I want to show you this in the Bitcoin charts.

Catching the bottoms right here.

This is going to be, I think Tuesday, Sunday to Monday here, catching the bottoms.

That puts you right there, kind of in this range, 68,900.

So in the realm of liquidation.

So we might see one little flush out of the bottom of this range,

and then maybe Bitcoin can continue.

Now, I'm going to talk about the key levels.

I see people talking about the bear market, how much longer we're going to have.

Also someone said we can't bounce hard in a bear market.

That's not quite a V-shape recovery, but if you look at the weekly candles,

boom, that is a very, very strong recovery.

Now, if you say from the exact bottom, even that isn't all too bad.

They're just catching the bottom here.

I mean, this is a three, four week period there.

That's a nice 20% pump.

So it all depends on your definition of a strong bounce or not.

I'm going to tell you what this green line means.

We are going to talk about some bear market bottoms.

We've got two levels for you.

And then me and Drew, we're going to see where we land on these two levels.

Bitcoin and late stages of a bear market watch these price levels, everybody.

And let's say that Bitcoin showed signs of a bear market in its last stages,

due to extreme fear and elevated relies and unrealized losses.

Now, this is going to go contrary to what we see with time-based bear markets.

A lot of people are just using time.

And that is worked very well for Bitcoin traders.

So I don't want to knock that strategy.

But this is just some other data points you need to consider.

One, we're looking at the new poll, net unrealized profit and loss.

The difference between the total profits and losses held currently by investors

is right now below 0.25.

This puts it in the hope, fear zone, according to CryptoQuant,

coupled with the fear and greed index at extreme fear,

this reflects pain and uncertainty.

And they added the new poll recovery about above 0.25,

what market transition into the optimism zone,

a shift that historically align with strengthening price momentum.

I was open this in a new tab so we could see it a little bit better.

They are saying, we are at these levels right here.

I'm going to ignore March 2020.

I'm going to ignore COVID and look at the key levels here.

So the new poll is this rainbow line,

where we're at right here is on the right side.

We're hitting into this green zone.

When we hit the green zone last time, you see here,

Bitcoin, one more leg down, and then that was it.

Even if you started at the beginning,

I mean, maybe you could say that one,

but I won't count that little bit of a peekaboo there.

But looking at this, you go straight down,

one more level to the downside.

Go to the next time, we're at the 25 in this green zone,

you go right here, and you look at Bitcoin's price,

which is this black line, it goes one more level down.

We got a little bit more here.

Bitcoin's entity-adjusted realized profit.

This is dropped from a peak of $3 billion a day

in July of 25 to below $0.1 billion or $100 million today.

So what does this mean?

This means when people are moving coins,

is their profit to be had.

And so in July of 2025, what we were seeing here,

we were seeing those OG whales.

They scooped up Bitcoin for $7, $30, $100.

They're selling it to BlackRock for $50,000, $70,000,

all the way up to $120,000.

In July 2025, price is going to be in the tens of thousands.

So they're getting it for tens of dollars,

selling it for tens of thousands.

These whales, these people that got Bitcoin,

when you're buying Bitcoin, you could trade a Bitcoin

for a Snickers bar.

They were making $3 billion per day in July of 2025.

Right now, these same whales,

if you look at the entity-adjusted realized profit,

you're looking at $100 million a day.

A huge, huge difference.

That is a 96% decline.

This offers further evidence of demand exhaustion.

Contraction of this magnitude

are textbook characteristics of a bear market

transitioning into its later stages,

where the pool of profitable sellers

has largely been depleted.

An on-chain liquidity tends to cycle lows.

So they're saying those people that got Bitcoin,

you know, by scratching a sticker,

as some Delaware libertarian fair,

these people are running out of Bitcoin Drew.

Hmm.

I mean, that is a good sign for, you know,

taking away the potential of just massive,

massive dumps from these old school wallets.

But, you know, at the same time,

I do, I kind of feel like this cycle's bottom

is going to be a quickened process

because we're seeing like a lot of macro uncertainty

and all this war and shortage stuff going on.

But like today's headlines is like,

Fannie Mae is accepting Bitcoin from mortgages

and all these like regulatory adoption things

are being set up for crypto while everyone's gone, right?

So like, they're setting up all of this regulatory clarity

while the sentiment is just in the gutter.

Nobody cares about it.

And I think when the dust settles

from what's going on overseas

and, you know, some of it going on here

in the United States when that dust settles

and the uncertainty level on the Wall Street side

comes to kind of equilibrium.

It's going to be some really green pastures for crypto,

but you have to be crazy enough to be involved

with it while the chips are down.

Yeah, because you make riches in a bull market,

you make wealth in a bear market

and you make wealth because it's a contrarian bet.

Cause like Drew said, the casino is empty,

the dance floor is empty, no one's there

and you're dancing all alone.

You're like that little kid with the sunglasses

and the blue shirt.

Why is that kid in that club?

I don't know, but you know what?

He was having a good time.

You're the only one dancing.

That's the time to buy Bitcoin.

Now, let's look at the levels.

Let's talk about the levels here.

Since we're covering from multi year lows below 60,

it remains stuck in a range with 64 as support 72 as resistance.

They're going to be looking at,

maybe I just zoom in a little bit here.

72 is going to be just the top right here.

So this is going to be the resistance.

I wonder they say 64 correct or 64 as support.

And so if you look here, what is 64?

64 is going to be right at these wicks.

Let me catch this 64 boom right there.

So catch and catch an in right in this range right there.

So technically, I would say 63 and some change.

64 is going to be your floor.

This is going to be your ceiling right here.

Some more levels, the last level I want to show you.

Below that, the next major level to watch

is Bitcoin's realized priced around $54,000.

22 bear market bottom was formed after Bitcoin dropped

towards its realized price.

A realized price is just going to be the cost realized

of all the tokens.

And you can see the chart right here,

hit right at this level a little bit below actually in 22.

And so right now 54, pretty strong line in the sand.

Let me give you my level.

This one is a scary level.

We did a video on this level months ago.

I don't like this level at all, Daisy.

This is the smooth moving average.

And now if you want to find this, you got to type in,

I think SMM, or not SMM, not SM, smooth moving average.

You type in smooth moving average, you're going to see this.

Once you do that, change to the, on the weekly,

change the number to 230.

You go to settings, you'll see the length there.

So this is the, not a 200 week moving average,

a 230 week moving average.

So when you look at the smooth 230 week moving average,

you catch the exact bottom, the 2015 bear market.

You catch pretty much the exact bottom

of the COVID low right there.

You catch the bottom after the FTX collapse.

And what is the number today?

$45,000.

So Drew, what do you see more likely?

54, which is the realize price, or 45,

which is the smooth moving average.

54, 45, what do you got?

54 is more likely, but, you know,

we have all the makings for like the FTX crash.

Everyone, and when you're looking in hindsight

at the last bear market low, everyone's like,

oh, we wouldn't have hit that low

if it wasn't for FTX collapsing, right?

And then you go to the COVID crash,

and you're like, oh, we wouldn't have had that

unless there was lockdowns.

We do have a recipe for lockdowns and insolvency.

Right now in this market.

So it's, I'm not saying 40 is impossible at all, right?

I just say it's more probable that 54

is that generalized floor.

And that's what we're looking at right now

is where is the floor actually gonna be

for Bitcoin as we're going into the great unknown.

And be honest with ourselves here.

Bitcoin has never been in a situation

like the economy is in right now, ever.

And it was built for, you know, great monetary change.

And that is on the table.

So the thesis that Bitcoin was developed for

and the fixes in the monetary system

have, they're at their strongest need point right now, right?

So like what Bitcoin is built for,

this is the Thunderdome.

This is the championship where Bitcoin can really take

that trophy and bite it as it's in third place

right behind silver and gold, right?

This is the moment.

Yeah, you know what's interesting?

We'll go back to the weekly here.

Look at the levels that coincide.

Bear flag and the smooth moving average coincide

of $45,000 through.

Do you think this bear flag can play out?

A lot of people are certain it will

and a lot of people are certain it cannot.

I feel like, and I'm not gonna be certain.

I think that it will play out

but about halfway down, right?

Like I'm still of the opinion that the low 50s

are gonna hold up.

You know, that's me personally.

And I am buying for, as long as the money flow is in red

and the pain is in the Bitcoin market, right?

That's where I'm a buyer.

And then I basically have what I got by the time

the money flow started to swoop back up to the upside.

So I'm treating, like I'm happy if this whole year

is spent in pain for my own personal gain.

But that will come with a lot of trial and tribulation

and I'll be Dr. Drew, you know,

listening to everyone crash out about the price.

Dr. Drew Hensky?

Are you gonna offer advice to young couples?

That too.

That too, absolutely.

Marriage is work, right?

Marriage is work.

But yeah, this whole season,

I'm gonna be buying Bitcoin in the lows.

I think I'm still, you're not changing my opinion.

I still feel that low 50s is gonna be that bounce point.

I do.

So I like this.

So I'm saying we're gonna have an opposite 1010 event.

And I have a 1010 wick on Ondo.

We're gonna be looking at a little bit later.

Yeah, we're gonna talk about Ondo.

I might actually be bullish on Ondo

for the first time in months and months.

No, 52 is the lowest we go

and other people saying that was the bottom.

So mixed feelings out there, 100% mixed feelings.

One of the things I found interesting, Drew is on polymarket

equal odds for in 2026, Bitcoin going to 130 or 30,

both of those have equal odds.

Now, really, maybe neither gets hit.

Yeah, I want to sales around 18, 17%.

Okay.

Yeah, I'm not, I'm on the 130 side.

If you have the fact to choose if it's hit in 30 or 130,

I'm on the 130 side.

The chat is very, very split.

Won't go below 50s, no chance, 52 is the bottom.

Let us know in the chat if, you know,

you think we're going to 40k, 40k, you know,

give us your price prediction

because I am earnestly interested

in the sentiment right now.

I hear some really crazy predictions

as the chaos unfolds further and further.

I see you guys saying look at Cardano.

I have a Cardano chart pulled up in the queue here.

So we will look at some Cardano.

Let's look at a couple Bitcoin stories here one.

We do have a major Bitcoin whale

dumping their Bitcoin marathon digital.

We're going to look at the stock as well here.

Marathon sells 15,000 Bitcoin for over a billion dollars

and now slips behind 21 capital here.

And so they sold it for 1.1 over three weeks this month.

So a lot of sell pressure this month

was coming from marathon.

Now this moves their outstanding debt by about 30%.

And Fred Teal, no relation to Peter Teal.

So the decision to sell some Bitcoin

reflects their strategy designed to reduce debt

and preserve value while providing them more optionality

as it broadens its focus beyond pure play Bitcoin mining.

That's a fancy way of saying

we got our teeth mining Bitcoin.

We're now selling the Bitcoin that we mined

so we can now give AI data centers compute needs.

And so that's basically their new strategy here.

And I want to point this out marathon.

Two train lines one, you know, we dump this one.

It was doing great on his train line

and it does have good returns, you know,

if you look at Bitcoin, you look at the last cycle.

Had a nice, that's, you know, way, way bigger return

than Bitcoin did if you're just holding Bitcoin.

But if you look, it struggled.

It struggled after this.

It lost support, turned into resistance,

rejected right there as well.

But look at this Drew.

Drew, this might be a little bit of bull hopium here.

This is catching the bottoms there.

This is 2020.

This is March 2020.

This is the Ovid low right here.

This is going to be basically bare market bottom.

Keep looking.

Look at that.

That's all it could be.

Maybe not a terrible play right now.

Well, and it's a business that needs to pivot

to the most profitable industry

to utilize their equipment for, right?

So as a business owner, you can't really blame them

for hopping into the AI super cycle.

That's basically happening right now.

Yeah, I don't hate to buy here

and then sell against this trend line

and really start taking profits

once you're within striking distance here.

So let's just say if you're expecting it to hit 16.50,

you know, maybe get out of 14.50 instead.

And right now in $9, if you jump in 14.50,

you're looking at a nice 65% pump there.

Man, all right.

I'm thinking about this one.

I'm thinking about this one here.

Well, I'm thinking about like, we know

that the supply shortages are being talked about right now.

And it takes months for raw material manufacturing shortages

to really be admitted.

But the world is in a raw material squeeze right now.

And they're sitting on a lot of hardware

that they're repurposing for the most profitable industry.

That and shoulders, if it plays out,

we're going to owe $4 a share.

So, you know, that would be the end of the year.

Every now, then you'll see ahead and shoulders

you're like, well, wait a minute.

If this plays out, it's negative.

So, you know, obviously it cannot play out.

But yeah, interesting observation there.

Not losing that.

And oh, man, I owe Robin Hood money.

I owe my choral Schwab account money.

What's going on there?

Have a look.

They'll be knocking at the door.

Hey, pay us back and we're sending you to Iran.

So that'll be fun.

Not in the front lines.

No, I don't want to go to Carg Island.

All right, let's talk about Fannie Mae here.

Fannie Mae, this crypto-backed mortgages for the first time.

I'm trying to run through this one,

is breaking from the Wall Street Journal posted this morning here.

So you're probably going to see a lot of crypto publications

talk about this as well.

Fannie Mae will soon accept crypto-backed mortgages

for the first time.

Now, why they say so called, I don't know.

But the mortgage company, Better Homes and Finance

and Coinbase Global are announcing a new product Thursday

that allows home buyers to pledge their crypto holdings

when getting a font Fannie Mae back mortgage,

instead of selling the crypto to make it cash down payment.

And so the way this works is you go into the bank

and you pledge upon the white paper.

Satoshi's white paper said, okay, I move.

I don't want to be sacked religious here.

This isn't the first crypto mortgage offering,

but Fannie's involvement could make these more mainstream.

Here's a Gallup poll, 14% of American adults

own cryptocurrency in 2025.

That to me actually sounds right.

14% of American adults.

Yeah, yeah, that actually sounds pretty accurate.

Every now then you'll see new studies says 56% of adults

own cryptocurrency study done by Bitcoin magazine

and you're like, wait a minute, Gallup poll I think

is going to be a little bit more fair.

I just think like maybe the housing industry

is trying to snoop around for ways

to kick over more buyers.

The buyers to seller ratio in the single family industry

is one of the more doomer graphs that you can show, right?

The discrepancy of how many people are trying to sell

versus how many have the capital available to buy.

People have to buy.

The interest rates are going to go higher, not lower.

Right, I mean, that's a, I keep talking about that situation

but it's not really crypto related to nobody cares.

But it's setting up a very large $70 trillion problem.

This might be a play to find liquidity

out of crypto holders because I tried to use some crypto

for my next home purchase recently.

Well, let me go to Warney Drew.

There's no free lunch.

This, let us break down this loan.

Let's break down how it works here.

So they're already turning their crypto investments.

This is interesting.

I am one of these people, you're probably one of these people.

Home buyers are already turning crypto,

turning to their crypto investments when buying homes.

2025 Redfin survey sound about almost 13%

of the millennial and Gen Z recent home buyers

sold crypto investments to help fund their down payments.

Raise your hand if you're in that list too.

Type in me, type in me if that applies to you.

Now, a lot of crypto owners and investors

have not been able to become homeowners

according to Coinbase's head of business products here

because they don't want to sell their crypto investments.

We haven't really found a way to service that need.

The new product works like this.

A home buyer gets a traditional loan from better,

15, 30 year loan here.

Instead of making a cash down payment,

they will then get a second loan

backed by either Bitcoin or a stablecoin.

So you get a loan for a home, but the down payment,

they want the down payment and you're like,

oh, I have this Bitcoin in my account.

I don't want to sell it to pay them the down payment.

So you'll take a second loan out.

That loan then becomes the down payment.

Paying interest on a second loan,

instead of making a cash down payment,

can increase the cost significantly.

Significantly, I mean, I guess so.

1.5 percentage points hires.

What you might be looking at here.

Once the crypto assets have been pledged

for the down payment, you cannot trade them.

You can't lie.

Oh, I got all this Bitcoin and then go sell it the next day.

If the value of the crypto and the account falls,

the mortgage loans are not affected

as long as you keep making the monthly payments.

Fannie doesn't make loans.

It buys mortgages, packages them to sales to investors,

guarantees the payment because Fannie and Freddie

play such a large role in the market

their underwriting standards are widely used.

So far, this is a niche product.

Milo, Miami-based Fintech company

that has offered crypto back mortgages for years now.

Since 22, well, they have more than 100 customers

according to their CEO.

So no free lunch.

You're going to pay a little bit higher mortgage rate.

Obviously, right?

Because there's, what do you think of bank wants?

Cash or maybe I get your crypto if you fail to pay the loan

and don't even work that way.

Yeah.

And there's more risk in accepting Bitcoin

as that loan hedge, right?

Can you remember Bitcoin Vegas last year,

the talk of the town was mortgages backed by Bitcoin?

And we were...

Well, we might have been a little bit of a bubble

because we were surrounded by CEOs who did that.

Right.

Oh, it was the biggest thing.

Yeah, your business model relies upon it.

Of course, right.

And taking a loan out against Bitcoin,

I would lean towards doing in a bear market

while the price of Bitcoin is low

so that you're not overextending yourself.

And I just have a weird relationship with like,

every time I have a major cost come up,

I go jeet my altcoins heavily.

And then right after that, the market just collapses.

So I don't know if it's basically I'm driving the market.

I'm in the driver's seat, right?

Every time I want a new truck,

everything goes to hell and a hand basket.

Well, pretty soon you might be able to pass the wheel over

to Elon's humanoid robot.

He might help you out.

Jay-Z, I do appreciate it.

Third shift, absolutely killing me.

My life, you know, but hey, you're here now.

I threw the rocks in the air for Jay-Z

but I'm like, oh, wait, he's in illuminati.

I can't do that.

I can't do that, Drew.

People are going to clip it and think,

I'm trying to, you know, signal to the elites or something.

Well, you are.

It's obviously a signal to the elites and they're listening.

It's obviously what I am doing, everybody.

All right, let's talk about Elon here

and maybe the next catalyst for some bullish momentum.

Elon Musk's tax and ex-obey product chief,

Benji Taylor to lead design.

And so he's hired Benji Taylor as his new head of design,

a head of a wider rollout of the ex-money payments product

next month.

He announced a move yesterday, said he was honored,

British spelling to join the company

and looking forward to working closely with Musk

and the head of product, Nikita Bier.

Taylor's crypto-native background is noticeable.

Previously founding Los Feliz Engineering,

this was a software studio that was acquired by AVE

back in 2023.

It comes as they prepared to expand ex-money,

integrated payments and financial services layer

that will introduce peer-to-peer payments, wallet services,

and a debit card tied to user accounts

will actually have your ex-account name on there.

I'm sure your government name is buried in there as well,

but you're gonna have people saying like,

Dejan Lord 420, I'm gonna swipe my card now.

Erie Balls.

Erie Balls.

Give me starting like the Goon accounts and stuff.

Now after the AVE acquisition in 2023,

Taylor became a chief product officer

until October 2025.

He also worked for, what was it?

He worked for base as well.

Now he led Coinbase's ETH layer to base

where he was responsible for the network's product

and interface design over its user

and developer-facing experiences.

That's him right here.

You know what I couldn't help but notice?

We have a bonafide A-list Hollywood star working.

Isn't that Timothy Shammelah?

The new one, the new Dune coming out December.

That's when the bull market actually

probably starts back up again.

Because when Dune 3 comes out,

that's probably when the money flows clip.

Well, they say the Dune trailer is a bottom signal.

Now, he really looks like that guy.

Now the product's currently limited external beta

offers 6% yield on cash balances held in the wallet,

personalized meta, meta visa debit card,

engraved with the user's ex-handle,

peer-to-peer payments linked directly in the app.

He described this as part of his plan

to turn the ex platform into the everything app

that combines social networking, messaging

and financial services,

and probably going to have Uber style activities as well

once they start rolling out their Robotaxi fleet.

So Elon might have a decent shot

of creating everything app in the West

because we don't really have one.

Right.

There's kind of a competition going on

in the United States, I feel like,

to develop something like WeChat that China has.

Amazon, Amazon's throwing their hat in the ring.

I've heard, I don't know if this true or not,

I've talked about this before,

everything that Amazon offers,

whether it has to do with the shipping,

whether it has to do with their video platform,

everything, part of the strategy

is how to just fit into an everything app.

And if it doesn't, they don't focus on it.

They won't work on it.

Interesting.

Okay.

I was betting on Amazon being the winner

because we were talking about like who's gonna win?

Is Elon, is it Bezos, is it Zuckerberg?

They're all competing to do the same thing.

I have a feeling that maybe Amazon gets linked up

with Coinbase at a point.

And maybe we see that kind of powered power couple

come together to make it happen.

But I'm not going to be talking about power couple

like Paul and Choney.

Exactly.

Exactly.

Like a couple that can change the world forever, right?

They'll be huffing dust all along the way.

It's gonna be huge.

The sand dust, right?

Yeah, yeah, because the worms, because the worms.

All right, let's talk about circle here,

circle in the crossfire.

And we got another circle story about the Clarity Act here.

And then we're gonna look at the charts there.

And a lot of people are saying,

well, the Clarity Act is why everything fell.

Some are saying, no, this might have had a little bit

to do with it as well.

So Zach XBT claims circle that company behind

the USDC stablecoin wrongfully freezing exchange wallets.

And so circle wrongfully froze 16 wallets

in connection with the ongoing civil legal case,

not a regular criminal case, a civil case in the US

according to Zach XBT.

The wallet and question belong to crypto exchanges,

online casinos, foreign currency exchange businesses,

and do not appear related at all.

And my five plus years of investigations

could potentially be the single most incompetent freeze

I've ever seen.

This is what happens when you outsource your freezing decisions

to literally any random federal judge

instead of having an actual in-house process.

And this is, we do have an update.

Circle was like hadn't responded yet at the time of this,

but if you look here,

still haven't responded, I checked there X not that long ago.

Circle did unfreeze one of the wallets a few minutes ago.

He expects more wallets to be unfrozen soon.

The crypto community needs answer from Jeremy Allair,

the CEO of Circle about why this overreach ever occurred

to begin with.

Well, the main reason is they've always been CBDCs.

They've always been controlled,

and so nothing new here.

And then we got one more thing.

Some are saying it plunged on the Clarity Act fears,

but the fundamentals have been unchanged.

And so the sell-off may have been overdone

as investors failed to see that their business model

is unaffected by the Clarity Act.

Here we have some analysts saying they're conflating

who earns yield with who distributes yield.

Circle earns the yield, Coinbase distributes the yield.

Now Circle fell 20% following the update,

despite having gained more than 160% from the February lows.

Here's the chart.

Let's just cut to it.

Looking at the daily, I did notice something here.

A couple things, we're gonna look at this rectangle

in a second, but also you got a little bit

of a trend line form in here.

A little bit, a little bit.

A little bit, a little bit.

But I would keep an eye out on this range right here.

So this is when it launched.

You see it shot up very, very quickly, four hour candles,

but found a little bit of resistance consolidated.

Shot up again, and then this was turned into support.

So you can see it's rejected.

And then you can see it's acting as support.

So support resistance, nice little zone right here.

Keep going, look at that.

Tags beautifully.

Keep going, we gotta go a while here.

Boom, actually had a little bit of decent action here,

had a little gap.

Keep going, couldn't quite reach there.

Also had a little pause, and if you look right now,

we're in this zone as we speak.

That's very interesting.

I know that, you know, like just looking at that

and the general sentiment of the market,

that point around 80 bucks isn't crazy,

but circle is something that I feel like is gonna be around

regardless of if we like it or not, you know,

it is, you said it yourself.

It's the CVDC in sheep's clothing, right?

CVDC in sheep's clothing.

Yes, it's a fed coin.

You know, it's not the fed coin, it's a private company

and it's issue, but if the federal authorities

or a, was this a rogue federal judge in a civil case,

if they call up circles, they say,

hey, I need you to freeze this, I suspect them with some.

Oh, okay, here, I'll freeze 15 unrelated ones too, is that work?

Right, right.

And that should tell you a lot about how mutable crypto

can be on exchanges and, you know,

how mutable stable coins can be.

There is billions in tether that's frozen as well, right?

So, remember, all those years ago,

when we had the original Iran thing

and they started blocking eat out of Iran.

Well, they froze all the Russian old sharks in 22.

Right, like they can use it as a freezing mechanism

and so never go about your business

with the hubris that you're untouchable

if you are in crypto, right?

Best thing you can do is use a hold storage device,

you know, I have all my stuff on Arculus

and the only things that's on an exchange

are what I'm actively trading on.

I just operate that way.

I don't take tether and put it on a storage wallet.

If it's going in a storage wallet, it's Bitcoin

and just rinse and repeat, man.

Just be careful.

It's a repeat now.

Speaking of repeat, let me repeat myself

and talk about Cardano here.

Cardano, it's like you guys in chat.

Look at Cardano, look at Cardano.

I am still leaning slightly bullish

because we have not been able to touch this zone

since this week right here.

So this is all inside or above bar action at this point

and I mean, I'm leaning bullish

until we close below this

and then I will look at this for support here.

I'm just, you know, I do like Cardano.

I like the community and our Charles Hoskinson,

you know, he's kind of into mix talking about

what Knight's gonna do for Ada.

But to me, this looks pretty bullish.

My opinion drew, what are your thoughts on Cardano?

It's caused me pain, easy.

Okay, it was one of my least profitable projects

in the last bull market, right?

And so I am of the opinion like it'll probably cook back up

and I'm curious if the lower highs cycle over cycle

are gonna continue for it.

I would love to see Cardano break cycle over cycle

lower highs that is developed.

But it's the same kind of feeling like I've loved chain link

and I then when I what I saw from the last bull market

play out is a lower high on the macro

and that tells me that the water is starting to slow

and I understand the community strong blah, blah, blah,

but, you know, it still needs stable coin.

It still needs volume.

It does.

It does need that volume and it needs users

and there's a lot of reason to, for me,

if I were in this situation with Cardano,

I personally, I'd be de-risking and I'd be just trading.

But that's what I've been doing for months of not years.

The last time I was like trading in and out of all

with excitement was 2024 and it felt wrong to do, right?

The only reason why I was selling in 24 is because the numbers

that I wanted out of the altcoins hit,

it wasn't because the timeframe matched up.

None of the time frames matched up in terms of altcoins

this last cycle is only about, you know,

accomplishing those monetary goals I had

once the number hit, I just jeated it, man.

And I'm not the most popular person in the world

because I don't stay in communities.

You know, if the music stops, I'm going home.

You know, I'm going to go gardening or something like that.

And I'll come back on the parties that get happening again.

But yeah, it's something that like,

if it fell to 20 cents, I'd probably take a taste, right?

I'd probably dip my toe in if we got to the bottom end,

you know, of that old, old school trend line.

But for now, I'm just kind of monitoring the situation.

And I'm monitoring the situation,

nothing wrong with that one.

We do have Charles Haasini.

He was talking about this yesterday.

It's one of the largest deals we've ever done

could bring hundreds of millions to billions of TVL

through the midnight ecosystem.

I thought he was going to say,

hurt Donald.

Privacy is the thing, man.

Privacy is the thing.

Like, what do we say?

Like, the more these CBDCs are developed,

the more people are going to want privacy, you know?

They see they can be stopped at the door.

They're going to want out.

They're going to want out.

They're going to want out.

They're going to want out now.

Let's talk about Tal.

This is, if you want to learn a little bit more about this,

maybe I'll just kind of breeze through it real quick.

So it was found in 2021.

It was decentralized AI network.

They have that big supply, 21 million here.

They launched with one of their first subnets there.

And the reason I'm kind of leaning into this

is me and Drew spotted something yesterday.

We were sidelined.

Drew, I got an update for you on this one.

So the subnet started going crazy.

You know, we're looking at kind of looked at a couple.

Trincher's found the Tal CEO's subnet at $2 million.

Talk about this guy right there.

He was on, he's doing a couple pods lately.

You've seen him, you know, be a little bit more public lately here.

It's constanople.

This is the market cap, $3.5 million.

Drew, we were talking about this like, man, what if we see it?

And like, I mean, should we ape into it?

You know, Chris, we stole the post.

It was two hours old.

And it had doubled.

It had doubled in those two hours.

I'm like, we're looking at it, remember?

And that post had a 10,000 views on the post.

Let's see.

I mean, I just want to refresh.

Yeah, refresh.

How many views are now 34,000?

OK, so I, my feet, I was like, well, what if it's 100,000?

Are we going to regret this tomorrow?

It was only 10,000 views.

Drew, this was around 1 p.m. yesterday.

And so this is 6 a.m.

So 11.

So here you can see it 27 and then around 2 p.m. 42.

So I say double, you know, pretty close to a double in a matter of hours.

It would go a little higher at 3 p.m.

But you're now way down.

It has now been really all right.

So I feel that we didn't even into it.

We didn't lose 40, 50% of our value there of our cow.

Well, yeah, because we started the day with FOMO

seeing that and I was like, God, you know, but it,

now I was, I was thinking back to the December and January of 2025,

the AI agent blow off top.

And I just, I went back and looked at all those charts just to remind me.

Nothing lasts forever.

Take, take a call, right?

So I still feel good about the subnet's ecosystem.

Yeah, I feel good.

I feel good.

But, you know, I just kind of want to tell you the story to be careful chasing

these things.

And this was a really small market cap.

It was three and a half.

And it was what seven, you know, we're looking at as like five, six, seven million.

And we're like, ah, you know, this could go to 20 million market cap.

Preasily, Drew, are we not, are we missing a four X by saying

a sideline?

And we kind of both looked at each other like, I feel like I'd rather be

sideline, you know, this is high risk, high risk.

And then just going to have the chart.

I feel pretty good about this one.

We do have a chat here, cycle over highs for ADA, chainlake, et cetera, 2021 to

2025 is a one off exception.

2025 was a stinker due to low liquidity and Trump tariffs, not bad altcoins.

I would say it wasn't a stinker because of bad altcoins.

It was a stinker because of too many altcoins.

I think that, I think you have to give that some credibility.

Too many L2s, too many L1s, too many AIs, too many mean coins.

You name it?

There was too many of it.

Yeah.

And that's like, you know, you also have kind of the recipe of BCs buying

early, convincing retail and dumping on your head all along the way.

And then using the funds, they ache from dumping on their new holders to

then go start new venture, go lobby to politicians for some preferential

treatment.

All that money was wasted.

The government doesn't give a shit about crypto.

Obviously, like all they care about is banking control.

So, you know, I think that money was wasted, lobbying to the politicians.

And it would have been a lot better to have not created 30 million coins.

Yeah, lobbying to politicians.

Have you seen the robots lobbying to Melania?

Now we have the AI robots don't make any jokes about someone

else's walk, you know, when they're on a beach, a lot of people are saying,

it's Joe's hush.

Okay, it's obviously not Joe wasn't a robot.

Everybody do you think when retail sees this, Drew, we're surrounded by crypto.

We're surrounded by, you know, AI agents, we're talking about it.

And we're looking at subnets and, you know, talking about what bit towels doing

to the broader market here.

But I would say just your average, average person, they're not dialed into

technology like that.

And so when they see leaps and technology, they see clips like this.

Is this going, what are your thoughts on robotics, AI?

I mean, is this a bubble about a pop or is this growth just beginning?

I, unless you see a stone age type event, unless the human race is put back

into the stone age, we're going to keep developing AI.

We're going to keep developing robots.

And I'm kind of leaning towards the development is going to continue, right?

Unfortunately, for me, which I'm a very human maximalist person,

there isn't a stopping technological advancement.

So unless we're put back into the stone age.

So, you know, it's kind of like the dot com bubble where you'll see seasons

and like, net scape is way up, net scape is taken over.

AOL started it all.

It's the groundwork for everything.

You know, you're going to see those kind of things happen.

And you know, it's going to be a lot of winners at first and then slowly

cut down to the cream rising to the top, kind of like what we saw on the dot

com bubble, but I don't think it's done.

Oh, we've got some discord trades going on as well here.

Oh, Lord, got some discord trades going in.

I'll go.

Is the discord pop and I haven't pulled it up here.

I can pull it up.

It's a Bitcoin short.

He's actually looking at Bitcoin short a few minutes ago.

Um, so we're pulling this up big Bitcoin short, big Bitcoin short.

He just put it in right there.

So we'll keep it on that.

I was feeling a little bit, a little bit bearish.

Nothing crazy, you know, I, I accidentally opened too high of leverage,

but not crazy, not 50 or anything like that.

But I am short on ETH and we're 27.79% up.

No, we have a zoom X contest through.

Yes, you, uh, if you want to share the details on if you trade on zoom X,

which is a link down below, what are we doing for the people here?

Yeah, absolutely.

So we're just getting going with zoom X, um, and the highest volume trader by

Friday of next week, we're going to give them 250 bucks in Heather.

So the top trader on zoom X, zoom X, that clicks the link in our description.

You go in there, the top volume trader just gets 250 bucks flat out.

It's a new partner and, uh, you know, we're putting out a lot of calls for free

in our discord.

I think that short might have already hit its take profit Bitcoin dumped by a

percent in the blink of an eye right after he put that short in.

And we give this stuff to you guys for free.

Oh, we ask you that you click the link in our description, trade with us.

And the top volume, the most active trader on zoom X gets 250 bucks.

No, no, no strings attached.

So pretty excited to see who comes out on top on that one.

All right, looking at the five minute chart here, I was actually looking

drew take profit one 68,700 and oh, wait, you're actually right.

Was it 68?

Oh, take profit one, oh, 67, eight, 67, eight is the take off one here.

So 67, 67, 67, eight, six, eight, seven.

Yeah.

So jumped in a little bit right before then, uh, entry.

Where we have six, nine, one, two, seven, and these are momentum based breakout

trades.

So, you know, you're like, well, wait a minute.

It's late.

That is the strategy.

The strategy is a breakout trade.

So once it breaks out of a range and this kind of goes into my thesis here.

Remember, we were saying we're seeing the bull dives, but we're not seeing it on

the one hour.

I am expecting one more flush down to at least give us a bull dip on the one hour.

And Drew, if we reverse right here, that is the bull dip on the one hour.

So kind of coming, coming to fruition here, Drew.

And we do have it on the 45 minute if it also turns around here.

And I've described it before.

I'll describe it one more time.

A bull dip is just when you're looking at the RSI and the price is making lower

lows while the RSI is either flat or to the upside.

I guess that's slightly angled to the down.

Uh, and then there's hidden dives where, you know, this would be a textbook

bull dip here.

If there's purposes, geez Louise.

Now you hear the discord is just going insane behind me.

So I'm sure that there's an activity going on and there are lots of shorts.

Yeah, lots of, uh, oh my God, lots of big trades just popped off.

You know, uh, definitely get in there.

Trades are popping off.

Speaking of popping off, maybe Ondo can pop off pop on because it has popped off.

It's just went down.

Wait until I show you the charts here.

So Franklin Templeton is going to bring Ondo to 24 or seven stock trading here.

So Ondo said they're going to work with Franklin Templeton to bring tokenized

versions of traditional investment products to blockchain users.

What kind of block, what kind of real world assets are we talking about?

Publicly traded stocks and ETFs is going to center on Ondo global markets.

Franklin Templeton manages $1.7 trillion in assets and will provide the

investment products and support the rollout.

Let's go to the Ondo chart here.

Ondo looking beaten down and drew.

What's my favorite bull div?

Uh, was it the three hour?

Is it the three hour three day three day three day bull dives are usually

good reverse indicators.

So you know, the higher you go up on the timeframe, the better, the better

your odds are that, you know, it's going to be a true blue reversal here.

I love the three day bull dives and look at the bullish divergence here.

You see that RSI shooting up, shooting up.

Meanwhile, the price is flat and you had a nice hidden div right here where way,

way lower and here it's just a little bit lower.

Now let's zoom out a little.

Yeah, Ondo terrible looks terrible, but now maybe it has found a bottom drew.

Now, yeah, sure, you can say that that looks like a bear flag.

I don't know if it can go that much lower.

If I'm going to be honest, right now we're testing the support that we saw

when it first launched.

So on though, finally, to me, I'm not finally, but the first time in a long

time, I'm pretty bullish on on though here.

Look at that chart.

Yeah.

I mean, the next step is like zero or, you know, just complete collapse.

And it's the most maddening and probably one of the more aggravating

graphs in crypto to me because I see the TVL is going ballistic and like

all time high after all time high and the price just cannot catch a break.

It's like, you know, it's, it's like watching someone getting beaten.

That's already, you're watching MMA and the winner just keeps going and just

beating him down.

Yeah, the Ralph Wiggum stop.

Stop.

He's already dead.

Yeah.

So, um, might not have been a Ralph Wiggum who said that.

But the sense of reference is what I mean, I don't hate taking a flyer in

this, but I'm not in the mood to buy all to you know, I'm not in the mood to

buy on though, you know, I have been moving some altcoins around, you know,

the last few that I have bought is going to be hype.

It's going to be towel.

You know, now's the time to maybe slow down those purchases because I still

have average entry for hype is in the 20s.

I'd have to look at towel though.

But yeah, now, I mean, there's a lot of volatility that points me to this

one right here.

I mean, East Asia, they're having a full blown energy crisis is what it looks

like Philippines, first country to declare national emergency.

They've moved to a four day work week.

They've literally told people to stay home an extra day of the week, grounding

planes as a possibility South Korea, telling their citizens to take shorter

showers, charge phones during the day, uh, Japan releasing their strategic

reserves, 95% of their crude comes from the Middle East, Vietnam, 20 days of

reserves.

We gave you the on the ground reporting from Tyler Darden on this one last

week, so there's lines around the block at the Petro stations, India running

out of cooking gas, restaurants are shutting shutting down.

Drew, I guess it's not all the street fare stuff.

Oh, maybe that is cooking gas.

You know, where they're like touching it with their hands.

Oh my God.

Is it dripping sweat into the big bowl?

Uh, dude, that's like, yeah, I kind of got traumatized by Indian food.

I think it was last year.

I had food poisoning.

Oh, yeah, yeah, yeah, yeah.

I want some butter chicken, man.

Yeah, I, I'm honestly guys like for the last like four months.

I've been buying solar panel systems and like building gardens and getting

ready for this.

And I know my, is that why you had your kids wearing military fatigues,

training with the, you know, stepping on the tires and then army crawling under

barbed wire?

They're like, Dad, I'm four years old faster.

But yeah, I kind of saw this coming a while back.

So I've taken energy a lot more seriously for myself.

And you know, I know this is a crypto channel.

But, you know, this is something I've been talking about for years.

And if you're listening to people give you advice about what comes next in this

conflict that didn't see it coming, I want to reevaluate who you're listening

in this current environment, right?

There's a time to listen to people that are used to analyzing war movements of

nations and historical data points of nation states that end up in world

conflict.

And then there's a time frame to take advice from your speculated, right?

I think you need to make that decision for yourself.

Me personally, I am expanding the garden, expanding fuel reserves and

expanding solar energy production.

That's it on me.

All right.

All right.

Now in the discord, people have been asking me about some of these options.

Now let's look at that gas real quick.

I'm up slightly on that gas, like 10%, 16%.

I'm down like seven, eight percent on wheat here.

I still feel like these things want to move.

Now this is not gas.

This was, this is a very regionally priced product.

So it is a little bit difficult.

I mean, you can see the line of support and resistance right here.

So that's one potential reason for a bounce, but also you can kind of connect

it right here where maybe we got a little bit of a trend line on the bottom.

I'm liking this, you know, slight megaphone pattern here.

I still feel like that gas needs to move to the upside.

You're seeing diesel shortages.

Now, that gas, crude, Brent, WTI, we're all different, but they're all tangentially

related.

And what's happening with cutter with their natural gas fields, you know,

there are people saying, well, it's not going to take three to five years to

get this equipment online.

You know, maybe they can do it 18 months, 24 months, but you're still talking

about facilities that have been shut down for a really, really long time.

Couple other commodities.

I did want to talk about here silver.

I got a couple things for silver here.

Now one, you know, we called the top, I said 120, you know, we're down here.

I'm like, it's going to 125.

It's going to reverse.

I went to like 122 and some change here silver is been beaten down.

So we lost the failed slash failed support at 71 dollars.

Right now, you can see on the daily, trying to break below this level, we still

have hope, we still could close above this level.

And this is just kind of looking at this range right here.

You see the bottoms.

So pretty, pretty important zone right there, especially on the

four hour.

See clean rejection, try to bounce off it for a while, try to bounce off it

right here, couldn't quite pull it off.

What's next?

Key support, $54, $56.

You look right here.

This is going to be, you know, this was the top acted as resistance.

So the more acts as resistance on the downside, the stronger the probability is

going to act as support on the high side here.

And then you see it took a while, consolidated there, keeping out on this

range is going to be the next level.

Then I say, keep an eye out on the trend line, what trend line?

This is something I found this morning going from the top here to the top there.

Oh snap.

Oh snap is right, Drew.

Okay.

Yeah.

I mean, we got to think that like silver transfers energy very quickly, right?

And you know, you want better systems, you want to talk about quick silver,

the Marvel comic book character.

Okay.

That was excellent.

I didn't see that one coming.

You blindsided me with it.

So when I think about all of these plans to develop massive amounts of robot

swarms or huge data centers or expand electrical equipment production and

quick in the pace of it, silver is actually a very useful product and raw material

in that process.

So, you know, I mean, silver's been suppressed for decades.

Now we see this hyper technology build out.

I think that silver can't absolutely go much, much higher.

It's been suppressed for decades.

And electrical equipment is going to be very needed.

And I will recommend electricians don't, don't, don't crap on the electrician,

man.

They're going to be a very useful profession over the next 10 years.

Yeah.

Yeah.

Someone crap on plumbers yesterday.

I thought it saw some.

I can't remember who it was.

I think some politician.

No, no, maybe it was a celebrity podcast.

I was, let's hit refresh.

So also we may have grabbed that liquidity.

We let the show show any of these levels.

Did they go?

Oh, yeah.

Oh, yeah.

Big time they went, you can't fade this chart.

Like I'm not saying it's, you know, pinpoint accuracy.

You really can't fade this chart.

Y'all are not this chart.

This metric, this tool, you can't fade this tool, put this tool in your repertoire.

I check it every morning.

I check it absolutely every morning, man.

I paint it back on my eyelids with it when I go to sleep at night.

Yeah, it's like all you see.

It's like translucent yellow and blue lines right there.

Just give you a feel for the market.

I mean, now we got another pressure.

I do want to share, I want to share gold chart here.

Shakey support at 4400.

What am I talking about?

And also keep an eye out on the parallel range.

We are creating lower lows, lower highs here.

And so this support is the daily candle that we're looking at here.

Established right here.

You can see, you know, we failed to break out of this range.

Boom, acted as resistance came back into the range.

Wicked to it perfectly right there.

So that's kind of why we have the top of the level right here, bottom of the

level, because we're catching it right there and look at the wick right here.

So let's go to the four hour.

It's looking less shaky if it can continue to pump right here.

So gold also adds some pretty strong support.

So gold and silver right now, I would say gold's looking a little bit more

bullish to, I don't know, man, you got this trend line on the bottom too.

This is October 16th.

This is December 3rd, October 16th.

This is October, yeah, basically right there is going to be December, December

3rd is actually going to be right here.

So they've been acting a little bit differently here.

So we can't, we're not going to be able to draw a trend line from those

same pumps, but gold or silver, which one are you going to hold for, you know,

through the weekend, which ones looking more bullish to the weekend here on the

daily drew through the weekends.

Uh, wait, right there.

I would, I would kind of lean, uh, I would kind of lean silver.

I would kind of lean silver.

I would, I would be risking, I'd tell you what reason I do like it.

Silver is down 44% gold.

Down 20%.

Yeah.

And it can move a little bit easier than gold, right?

If the pump comes back to the precious metals, silver can move much quicker.

So, um, and, you know, like, I don't know, like, I will say this gold and

silver have been my favorite stable coin for the entirety of my crypto.

So if I'm stabbling up, if I can't, I can't leverage, right, and I can't go

on to an exchange and trade with them, but I can use them as places to put my

money once I feel good about the gains in crypto.

I sent it to Jambillion and get gold for it, right?

It works.

Okay.

Why see?

Here's my dress and my, that must have fallen over.

Now, I'm sure if they subpoena that they could find it or whatever, but, you know,

it's, it's a good stable coin.

I like it.

All right.

Now, looking at the copper chart, I see some of y'all posting about copper here,

a little bit down on copper did not take enough profits.

It should have took way more, way more profits is a older trade of ours.

We still have a couple options open and I like re-entering if we can hit this

trend line.

Is there any other activity?

Now, there's no more activity, but I like this.

I like this as a potential entry.

I don't know if it goes that low, but yeah, my, my double down on some bets.

We see it hit near this range.

I mean, I guess maybe you could do it this way and say, oh, it is hitting.

It is hitting support.

So copper, copper as a couple, couple levels below it, act in support.

So, you know, maybe we retest this level.

I start leaning a little bit more bullish on copper.

Now, there's also the copper gold chart.

Give me a second here.

I'm typing around my microphone.

Copper gold ratio.

Gee.

It didn't lose that, but it bounced above.

Beat down.

I mean, down.

It was lined up, actually.

Beat down.

You know, maybe the supply chain jet down will play into that.

I saw we had a super chat.

Trump must order COVID era work from home till oil stabilizes.

I'm hearing this conversation more and more.

The worst working from home, the oil stabilizes.

Dizzy, you're going to be laughing at me in your Tesla as I'm sitting there

driving around my V8 Sequoia, if something like that were to it.

Yeah, you know, what though?

If electricity goes off grid, you are the one laughing at me.

The true true, but you know, I want to say that this is going to be resolved

with some kind of Trump deal.

Things are a little sketchy.

Yeah, things are a little bit sketchy and not only that we're headed into the

weekend, and I wasn't even going to talk about the war or anything, but we've seen

weekend, weekend, weekend after weekend after weekend every weekend is the weekend.

Do some if it's Friday 10 p.m.

Go ahead and do some.

We've seen a lot of activity escalate on Friday night Saturday morning.

No reason to think that that probably won't continue after we send out the

battalion from Fort Bragg.

Of course, we're talking about the airborne division.

It's about 2,500.

We got Marines over there.

We got air support over there.

And it does look like there's a potential seizing of an island in the

straightover mousse.

We're going to need a landing deployment zone.

It's not going to be cargyland.

That's going to be too difficult.

So maybe one of the other islands there.

And we're going to, we're going to need an island more so after we had to

retract some of the aircraft carriers.

I don't know if you're aware.

I think it was the one with the laundry room fire.

Was that board or Ford is now believe going to the UK.

And they moved the Lincoln from I want to say they basically tripled the

distance from the Iranian coast.

So at one point they were close, but it was within range of the drone.

So they pulled it back.

There's, there's compelling reasons that, you know, we're signalling negotiations.

The last two times we signal negotiations.

We, you know, we, we lied and, you know, escalated the war.

And it's happened the last two times, happened in October.

And it happened just recently four weeks ago.

So, you know, that's a heck of a very violent this weekend, folks.

That's a heck of a lot, heck of a laundry room fire to take out decommission.

I mean, I don't think it goes the laundry room fire, but I don't know.

You know, it didn't pass a sniff test, you know, no, not at all.

That's not a single vessel.

Yeah, it's like a laundry.

And I saw the headlines come out.

I was just like, there's no way.

It kind of sums it up.

No, it really feels like they're only fighting Friday to Sunday night Monday morning.

And then they take a break till the next weekend.

Believe the markets alone, right?

They don't want to mess with Wall Street, you know, let all the bad news happen.

Well, we were talking about this.

You know, we did that strike.

It was a midnight hair.

We struck at midnight after the markets had closed, but we're striking midday.

And normally when you do a surprise attack on your enemies, you want to do it at night.

You want to do it while their defenses are down.

And so the fact that we did it like at high noon makes me think, yeah, maybe the element of surprise took us, you know, took at the back seat to help in the markets.

I hate to even consider the implications of that.

That's just, that's what it appears like to me at least.

I can't disagree with you, man.

And we got our tinfoil hats on.

But, you know, some of the chat, I see they would never do work from home orders.

They would never do this or that we would never go to war.

About six years ago, we saw a two weeks to slow the spread.

And turn into four years of hyperinflation and all of your savings is now gone.

And you're unessential, right?

So things can escalate quickly.

This is, it's such an intense time with all the news.

But I got to be honest about the news.

And if I see things.

Get better, I'm going to be the first to tell you like I want things to go well.

I got a lot of kids.

I got a lot of reasons to want good for this world.

Yeah, I mean, we are getting mixed vibes, mixed messages here.

And I think there's, there's a reason for both parties to embellish their side.

I think there's a reason for CEOs to paint a scarier picture because it helps their bottom line.

They have a fiduciary responsibility to the shareholders.

And so if they can compel the military to help them, they're going to try to compel the military to help them.

So they're going to pain a scarier picture than what might actually be realized.

And of course, Trump is going to be a little bit more optimistic.

And I think that falls well within the purview of the commander in chief.

I think that is part of your job title is to smooth your populace, smooth the electorate.

You know, the people that got you in the office in the first place.

So it's, there's incentives for everybody.

And you know, incentives for the US and incentives for, you know, the delegations in the Middle East and incentives for IRGC.

Everybody has incentives to paint a rosy picture.

Right.

Or a paint a picture of that favors their narrative.

Yeah.

It's a lot of noise.

And that's why they call it the fog of war, folks.

So that's why in the day, sometimes you just got to look at the charts, folks.

You got to look at the charts.

They say, show me the charts.

I'll show you the news.

You know, if we end up seeing that gas spike here.

And I'm sure there's going to see a headline about Katari LNG fields.

But maybe it was just the chart all along.

And they're going to say something about, well, hedge, this is, you know, the speculative hedge.

And it bouts here.

Well, maybe it's just bouts because the charts there.

And you're going to see that across the board, folks.

Now, let's check in on Bitcoin, short time frames.

I did close that east short.

Did you?

Okay.

I just walked away.

Yeah.

I'm live and the move was too violent.

And sometimes it's good to just take a 20% win and just just run away.

Cockroach out is like that.

As they say.

Yeah.

Absolutely.

And you know, like if you're not taking the profits, you know,

I want to ask you this, is it better to have gained and lost the gains than to have never

have gained it all.

Easy.

What do you say?

Would you rather?

No, if it's love, obviously, it's better to a love than lost.

When it comes to profits, it's better to not had it happen at all.

No, let me, let me walk that back.

I disagree.

I'm, I'm, I'm crappin' all over my own point five seconds later.

I think it is better because it better be used as a learning lesson.

Yeah.

So if you, if you walk away the learning lesson, yes, if you end up just in a pit of despair,

hold in it's bad.

But hopefully you pick yourself up from your bootstraps.

I don't know how you do that.

It's defining the laws of physics, but you do it anyways.

And it makes you a better trader, less emotional trader in the future.

Absolutely.

And it shows you what you're capable of, right?

It shows you how quickly you can turn around your situation for the better or the for the worse.

Like that's what I learned in 2020.

It's like, wow, everything looks so downtrodden and everyone's basically saying this is the end.

And I'm like, I'm going to go bet my life savings on Bitcoin instead of just assuming this is the end of the world.

And it really showed me like the counter, the counter bet while everyone says that Bitcoin's a scam and that it's going to zero.

I learned that taking those bets against the sheep being correct and against what the government's telling me to do.

Have more often than not helped me change my life.

Let me ask you another question on the same point.

What is worse, losing a trade or just missing a winning trade?

I'd say, I'd say, I'd say just the massive loss is worse because at least, you know, if you just barely missed it, then you know that your compass is working correctly.

Right. And why don't you say that I am in that situation with yesterday's towel short.

I missed the short.

I was in place and in position for the towel short.

Oh, yeah. Do you have it on the charts?

Let me share it here.

This is, let me tell you guys a, a hate story.

Okay.

So I was in position.

I know it.

I know.

I know a part of the chart.

It was.

Yeah.

It was literally.

You were in my office right.

I was in office.

Yeah.

So I win, win the minute happened.

I got the short in at around 368 bucks.

Right.

And then this return on price action, this tiny little return.

I was in the middle of building a show and doing all this stuff on Twitter.

So as you, you know, we're content creators.

I put my stop loss below the short entry so that if it went the wrong way.

So just back up low.

You open the short.

You start making profit.

We're looking at it.

You know, where are these five?

One minute came.

So you're in profit.

So you move your stop loss to break even.

Right.

And then just in the blink of an eye, you know, it took like five minutes.

The trade gets washed out in profit granted.

So it didn't cost me anything.

And then goes on.

To frickin cascade.

To the downside.

Look at this.

I mean, this would have been.

I think like 20 grand at this point with where the price is.

Falls by eight percent.

From that right there.

From where prices are right now.

So, you know, it's every time that I see even a coin that I love outperforming in a bear.

Market.

I am looking around for where to short it.

Right.

And that's kind of how I operate in a bear market because.

Everyone agrees.

Everyone agrees here.

10% loss are missing out a 70% gain.

Definitely the latter.

Yeah, missing out on the winning trades.

It stings way worse.

Way worse.

Yeah.

Here's the copium.

At least you were looking in the right direction.

And at least your compass ain't broken.

Right.

And I have to use that.

All the time.

Because I'll be able to pick out really bullish alts that will perform well in a bear market.

They do well.

But I'm over here having more fun trading.

Stack and tether and buying Bitcoin.

Right.

And that's just.

You know, it's it's something that I deal with as a.

Content creator that's also a trader.

It happens all the time.

Yeah, and speaking of which again, we have the zoom X contest folks.

If you do want to join, we're going to be paying out cash to the people with the most volume.

As well as another exchange corrector.

Yes.

We have another competition with two bit going on.

And I think blowfin has a competition as well.

They're giving a tether on all three of them.

All right.

Well, there you go folks.

There you go.

And that is our show for today.

We're potentially going to put out that Bitcoin mining video where you buy mining compute.

So I'm going to look into it.

I kind of want to wait until let me try the platform.

At least I saw you guys typing.

You know, check it out.

Check it out.

There's a few people who have been using it.

I saw Vosk mining.

Talk about it.

Vosk mining is the number one mine.

So a guy who actually mines with like actual hardware.

He did a video on it.

So I'm going to watch Vosk video.

I'm going to watch a couple other videos on it and see.

It's never going to pump Duncan.

I'm sorry.

Folks hit the like button on the way out.

And we'll see you folks in the future.

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