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Bitcoin SMASHES ALL-TIME HIGH🔥 l FOMO Begins🚀 Ft. Investing Broz · The Paul Barron Crypto Show

• 0:06
  Speaker 1: Bitcoin has hit a new all time high. Of course,
• 0:08
  Speaker 1: we're going to be breaking this down for you guys
• 0:10
  Speaker 1: and tell you what's going to happen in the markets
• 0:12
  Speaker 1: in the coming days. Money with s Paul Bara. Welcome
• 0:14
  Speaker 1: back into tech path. Let's get going. I do want
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• 0:52
  Speaker 1: I want to bring in a course, mister Tim Warren,
• 0:55
  Speaker 1: coming in from investing bros. How are you.
• 0:58
  Speaker 2: Doing good, doing good. Hard to complain on a day
• 1:01
  Speaker 2: where bitcoin hits new all time highs.
• 1:03
  Speaker 1: You know, tell me about it. By the way, if
• 1:04
  Speaker 1: you guys are not over on Investing Bros right now
• 1:08
  Speaker 1: on YouTube, this of course is Tim's channel. He does
• 1:11
  Speaker 1: a great job at breaking down a lot of what
• 1:14
  Speaker 1: the market is doing, and right there it is. I know,
• 1:16
  Speaker 1: you guys did a live stream on did you have
• 1:18
  Speaker 1: a live stream this morning?
• 1:19
  Speaker 3: Yeah?
• 1:19
  Speaker 2: Well we meet the next Oh yeah, okay, I like that.
• 1:22
  Speaker 2: Normally we normally don't go live until three pm Eastern
• 1:25
  Speaker 2: Standard time, but today I was like, we actually started
• 1:27
  Speaker 2: setting all up before before we hit all the time.
• 1:30
  Speaker 2: We're like, let's try to be live while we're all
• 1:32
  Speaker 2: and then, of course, as we're saying on the stream,
• 1:33
  Speaker 2: it hits all the time. I was like, well we'll celebrate. Yeah, yeah, hey, listen.
• 1:37
  Speaker 1: I tweeted this today and this was kind of in
• 1:41
  Speaker 1: alignment with what I think is happening in the market.
• 1:44
  Speaker 1: I've got some Wall Street sources out there that we
• 1:47
  Speaker 1: talk with quite a bit, especially around the Bitcoin ETF
• 1:51
  Speaker 1: and the sentiment from last night. We had kind of
• 1:54
  Speaker 1: a little pow wow discussion and they were talking that
• 1:56
  Speaker 1: the demand and the appetite right now for institutional capital
• 2:00
  Speaker 1: on these bitcoin ETFs is skyrocketing, and it's possibly even
• 2:04
  Speaker 1: more than we can be expecting. So that's the real question.
• 2:08
  Speaker 1: Over three hundred and twenty nine million in inflow to
• 2:12
  Speaker 1: spock bitcoin ETFs on Tuesday. This is the fifth straight
• 2:15
  Speaker 1: day of inflows right now. Black Rock obviously leading the
• 2:18
  Speaker 1: space on i bet at two eighty seven, Fidelity came
• 2:21
  Speaker 1: in number two at twenty three. But you know, and
• 2:24
  Speaker 1: then we get the next morning bitcoin smashing through. It's
• 2:27
  Speaker 1: all time high. So you look at the demand, you
• 2:31
  Speaker 1: look at the global We've got a couple of clips
• 2:32
  Speaker 1: to play here, Tim, But what do you think on
• 2:35
  Speaker 1: the chart when you look at the chart for bitcoin's
• 2:38
  Speaker 1: health right now?
• 2:40
  Speaker 2: Yeah, Paul, I'll be honest with you. If you had
• 2:42
  Speaker 2: asked me last week, said Tim, next week for all
• 2:44
  Speaker 2: time high, I would have said maybe, but probably not.
• 2:47
  Speaker 2: You know, we have been over extended on bitcoin. I
• 2:49
  Speaker 2: can show right now and we're going to show some
• 2:51
  Speaker 2: clips here, but we have been over hit the button twice,
• 2:54
  Speaker 2: over extended on bitcoin all the way back here. We
• 2:57
  Speaker 2: should have corrected back early in May. Not anything major.
• 3:00
  Speaker 2: I don't think this was I always told people, don't
• 3:03
  Speaker 2: sell and may and walk away. I think May it's
• 3:05
  Speaker 2: gonna be a big, big month. I just thought we
• 3:07
  Speaker 2: were gonna correct back down towards eighty nine thousand. First
• 3:10
  Speaker 2: we ignored it right, bearish indicators told us we had
• 3:13
  Speaker 2: cell singles coming in, we were over extended bearish divergence.
• 3:16
  Speaker 2: We're good to go. Then we put in a new high,
• 3:18
  Speaker 2: getting back up of one hundred thousand, and said, oh
• 3:20
  Speaker 2: this is great, all right, this time to pull back.
• 3:22
  Speaker 2: We even set up here over the last couple of days,
• 3:25
  Speaker 2: we set up a bearish formation called a rising channel.
• 3:28
  Speaker 2: Ask any technical anunlest anyone knows the charts, seven out
• 3:31
  Speaker 2: of ten times at least, if not closer to eight
• 3:33
  Speaker 2: or nine, these break to the downside. But today the
• 3:35
  Speaker 2: bulls woke up and chose violence and not just breaking
• 3:38
  Speaker 2: of resistance. They've now given us a new all time
• 3:41
  Speaker 2: high for the first time in several months, shutting the
• 3:44
  Speaker 2: mouths of all those bears. I mean, where are the
• 3:46
  Speaker 2: bears today that are that we're saying we weren't ever
• 3:49
  Speaker 2: gonna see a new all time I ever, again, Bitcoin's
• 3:51
  Speaker 2: going to three thousand. I don't think they're tweeting that
• 3:53
  Speaker 2: much today, and it's gonna be crazy, Paul, because we
• 3:57
  Speaker 2: will probably go back to the charts. I'll I'll show
• 4:00
  Speaker 2: you where the charts are saying correct again. I'll show
• 4:03
  Speaker 2: you the indicators to say we should go back down
• 4:06
  Speaker 2: the money flow right now. And like what you just
• 4:08
  Speaker 2: brought up that tweet that the institutions that are coming
• 4:12
  Speaker 2: in and going crazy bullish. This is something as a
• 4:15
  Speaker 2: technical analyst, I probably should stick to just the charts.
• 4:17
  Speaker 2: But I've been telling people this bull market's going to
• 4:19
  Speaker 2: be different last bullmarket. The institutions manipulate the markets to
• 4:23
  Speaker 2: suppress the price this market. Watch the charts sometimes not
• 4:27
  Speaker 2: get it right because they can't cop they can't even
• 4:29
  Speaker 2: compute how bullish these institutional big money buyers are. And
• 4:34
  Speaker 2: I think that's what we're seeing happen right now.
• 4:36
  Speaker 1: I always worry about price manipulation because that's you know, obvious,
• 4:40
  Speaker 1: you know functions that we see when big money gets
• 4:42
  Speaker 1: involved in capital markets, like what we have right now
• 4:45
  Speaker 1: with bitcoin. And you think about that and where the
• 4:48
  Speaker 1: bitcoin market is going. But also the other factory is
• 4:51
  Speaker 1: and I'll show you in a minute, is that there's
• 4:53
  Speaker 1: a lot still looming of retail, because retail hasn't necessarily
• 4:57
  Speaker 1: engaged just yet. I think that's the question I have
• 5:01
  Speaker 1: to you when you look at the chart the way
• 5:03
  Speaker 1: bitcoin is lining up right now, has there been any
• 5:06
  Speaker 1: other historical events in bitcoin charts that have similarities to
• 5:12
  Speaker 1: what we're seeing right now.
• 5:14
  Speaker 2: Yeah, I wouldn't say anything that I'm finding is identical.
• 5:17
  Speaker 2: A question I would have is are we going to
• 5:19
  Speaker 2: potentially see a repeat of maybe what just happened or not?
• 5:23
  Speaker 2: I say, just what happened way back in twenty twenty
• 5:27
  Speaker 2: at the very end of twenty twenty. Those of you
• 5:29
  Speaker 2: who have been invested that long, remember we were approaching
• 5:31
  Speaker 2: twenty thousand again, former all time highs. Yes, we had
• 5:34
  Speaker 2: a little bit of a correction right there, nothing major,
• 5:37
  Speaker 2: just little bounce, and then when we shot through new
• 5:39
  Speaker 2: all time highs, we just took off. I'll show the
• 5:41
  Speaker 2: charts on that one if you scroll all the way
• 5:43
  Speaker 2: back here. So give me a second. I'm going to
• 5:46
  Speaker 2: day the chart. There we go. Good, So we're gonna
• 5:48
  Speaker 2: go all the way back here to December of twenty twenty. Okay, this,
• 5:52
  Speaker 2: of course, again we're hitting those all time highs up
• 5:54
  Speaker 2: towards twenty thousand that we're set back in December seventeen,
• 5:57
  Speaker 2: we hesitated below. We didn't set a new all time
• 6:00
  Speaker 2: high until December sixteenth, give or take. But once we did,
• 6:04
  Speaker 2: we took off like a bottle rocket, right. I remember vividly.
• 6:07
  Speaker 2: I was newer to trading, I was newer to charts.
• 6:11
  Speaker 2: Everyone that I was learning charts from was just dumbfounded.
• 6:14
  Speaker 2: They said, this just doesn't make any sense. Bitcoin won't stop.
• 6:17
  Speaker 2: Even that little hiccup that happened at the end December.
• 6:19
  Speaker 2: We just continued into January with parabolic moves. Here. That's
• 6:25
  Speaker 2: gonna be the question. Will we see a move like that?
• 6:27
  Speaker 2: I mean, I was expecting maybe a similar move to
• 6:30
  Speaker 2: what we saw last summer, last fall, where you did
• 6:33
  Speaker 2: see several pullbacks towards the daily Smart trail before we
• 6:37
  Speaker 2: went parabolic. But this one, man, I mean, we're not
• 6:41
  Speaker 2: even getting close to the daily Smart trail this point,
• 6:43
  Speaker 2: and at some point we got to touch it. At
• 6:45
  Speaker 2: some point, the daily Smart trail we will be revisited.
• 6:48
  Speaker 2: But now as we have sent a new all time high,
• 6:50
  Speaker 2: are we gonna kind of flounder right here? Or are
• 6:53
  Speaker 2: we gonna go crazy and shoot all the way to
• 6:55
  Speaker 2: one hundred and twenty before the next reversal. Last thing
• 6:58
  Speaker 2: i'll show here on the Bitcoin show art that we've
• 7:00
  Speaker 2: been monitoring is the M two global money supply. I
• 7:03
  Speaker 2: want to change this though, to twelve weeks instead of
• 7:05
  Speaker 2: only ten because a lot of times it's more like
• 7:07
  Speaker 2: ninety days. So I want to see three months. If
• 7:10
  Speaker 2: you look at this, this is a this is a
• 7:11
  Speaker 2: lag obviously on how the M two money supply is moving,
• 7:15
  Speaker 2: but it's saying, yeah, I mean, if we tuned here,
• 7:18
  Speaker 2: the next couple of days should start the next parabolic
• 7:21
  Speaker 2: run on bitcoin, uh with with a lot of explosiveness.
• 7:25
  Speaker 2: It's not one hundreds that perfect how the M two
• 7:27
  Speaker 2: moves compared to bitcoin, but it's very similar. Look at
• 7:30
  Speaker 2: those history of this. When M two's rallying, Bitcoin's rallying.
• 7:33
  Speaker 2: When M two's falling, M two bitcoin is falling. This
• 7:37
  Speaker 2: is saying, if we stick to it, we should have
• 7:38
  Speaker 2: another big run here in the next couple of days.
• 7:41
  Speaker 2: Maybe it just started today.
• 7:43
  Speaker 1: All right, So if that is the case, and you
• 7:45
  Speaker 1: see shorts being liquidated, here was you know, fifty million
• 7:49
  Speaker 1: just in the past sixty minutes. That was as its morning.
• 7:53
  Speaker 1: I mean, is anybody looking at shorting bitcoin. I mean,
• 7:56
  Speaker 1: this could be the contrarian play right now. You know,
• 8:00
  Speaker 1: there is so much euphoria because that's what the market,
• 8:02
  Speaker 1: I think is feeling right now. CNBC is going crazy,
• 8:05
  Speaker 1: squawk boxes off the hook. Everybody's screaming at the top
• 8:09
  Speaker 1: of their lungs that institutional is pulling this market forward.
• 8:14
  Speaker 1: Do you feel like anybody would be brave enough to
• 8:16
  Speaker 1: short bitcoin right now?
• 8:18
  Speaker 2: Well, they should be. I'll be very honest. While I've
• 8:20
  Speaker 2: been in a very long term long on bitcoin, making
• 8:23
  Speaker 2: a lot of money on my long from seventy four
• 8:25
  Speaker 2: to four, I've been hedging at times. I have a
• 8:27
  Speaker 2: couple wins with my hedging bets. I have a couple
• 8:29
  Speaker 2: losses the last three days I have the last three days,
• 8:31
  Speaker 2: I have three losses. Trying to short this bitcoin market.
• 8:35
  Speaker 2: The charts are there. The chart is saying to pull back.
• 8:37
  Speaker 2: So this is a liquidation chart on the screen. And
• 8:40
  Speaker 2: this was the last pile. I thought we were going
• 8:42
  Speaker 2: to teeter into it, touch it here on one oh
• 8:43
  Speaker 2: seven and come back down. That's why I said a
• 8:45
  Speaker 2: short there didn't work out. But you can see the
• 8:48
  Speaker 2: last layer of it is coming up here right around
• 8:50
  Speaker 2: one to ten After that we go into full blown
• 8:53
  Speaker 2: price discovery mode. Anything after that, I mean, if I
• 8:56
  Speaker 2: went to a fifty minute chart, you're gonna find some
• 8:58
  Speaker 2: liquidations above us. But all these credations are from short
• 9:01
  Speaker 2: positions that have just been entered within the last hour
• 9:04
  Speaker 2: and a half. So we've hit everything major we've been
• 9:08
  Speaker 2: looking at for months now. Now it becomes a question
• 9:12
  Speaker 2: does the bullishmentum continue or is this the perfect excuse
• 9:14
  Speaker 2: now that we touched new aultime high? Is this finally
• 9:17
  Speaker 2: the time after about three weeks of needing to pull back?
• 9:21
  Speaker 2: Is this finally the excuse I told people in my
• 9:23
  Speaker 2: life we did earlier. If you're an experienced trader, there
• 9:26
  Speaker 2: are so many arguments right now to enter a short
• 9:28
  Speaker 2: position on bitcoin. If you're not, though, sit back, drink
• 9:32
  Speaker 2: the kool aid, watch the charts, watch shows like Paul
• 9:35
  Speaker 2: baron Network because you want to stay up there and
• 9:36
  Speaker 2: everything happening. But maybe just hoddle It's going to be
• 9:39
  Speaker 2: a fun summer, just hoddle on.
• 9:42
  Speaker 1: Yeah, and you look at bitcoin right now, surpassing Amazon
• 9:45
  Speaker 1: as the fifth largest asset in the world by market cap,
• 9:50
  Speaker 1: So kudos to the big Orange bee. I think we
• 9:53
  Speaker 1: are in a position right now that really starts to
• 9:55
  Speaker 1: maybe bring in a little bit of the market coming
• 9:59
  Speaker 1: from other categories. One of them, of course, is gold.
• 10:02
  Speaker 1: You look at this, fifty million Americans right now own
• 10:05
  Speaker 1: bitcoin in contrast to thirty six point seven americans owning gold. Now,
• 10:10
  Speaker 1: that to me is a surprising stat And you look
• 10:14
  Speaker 1: because the amount is so clearly, that means that there's
• 10:17
  Speaker 1: just the depth of people owning gold, a lot more
• 10:20
  Speaker 1: of it. My question is does this start to push
• 10:24
  Speaker 1: the needle forward on retail basically looking at bitcoin as
• 10:29
  Speaker 1: my alternative asset, meaning instead of buying Microsoft and Amazon
• 10:34
  Speaker 1: like I was a decade ago, I'm just going to
• 10:36
  Speaker 1: start pouring every extra dollar I can into bitcoin. What
• 10:40
  Speaker 1: do you think the retail environment is right now?
• 10:44
  Speaker 2: Yeah, I would be lying to say, I haven't been
• 10:46
  Speaker 2: reached out to by a couple of my friends and
• 10:48
  Speaker 2: family members who have not invested yet, asking me where
• 10:51
  Speaker 2: to go. That's another reason why I think a correction
• 10:53
  Speaker 2: should become here soon, because anytime a brand new investment,
• 10:57
  Speaker 2: anytime the news quote unquote start asking about it, that's
• 11:00
  Speaker 2: when you think something's happening. But yeah, I think when
• 11:04
  Speaker 2: you look at a lot of different indicators the retail
• 11:07
  Speaker 2: it's here. It's not that retailers aren't present, but I
• 11:10
  Speaker 2: think it's a lot more experienced older holders, not necessarily
• 11:15
  Speaker 2: a lot of new retail in vestors, which is why
• 11:16
  Speaker 2: I don't think the bull market top is in. I also,
• 11:18
  Speaker 2: again looking at that number, which again I'm seeing now
• 11:21
  Speaker 2: for the first time, that there's more Americans own bitcoin
• 11:25
  Speaker 2: than gold. I would say, though, if you were to
• 11:27
  Speaker 2: dive into that, Paul, more than likely what you're seeing
• 11:29
  Speaker 2: is of those fifty million Americans owning bitcoin, the majority
• 11:33
  Speaker 2: of us are probably not multi multi multi millionaires versus
• 11:37
  Speaker 2: I bet you you have your a lot more millionaires
• 11:40
  Speaker 2: owning gold. Here's gonna be the question, Gold's not gonna plummet.
• 11:43
  Speaker 2: I don't want anyone to think that I'm like a
• 11:45
  Speaker 2: gold bear. I'm not the anti Peter Shift. But how
• 11:50
  Speaker 2: long before some of those gold bugs wake up and say,
• 11:53
  Speaker 2: you know what, Gold's awesome, but gold only keeps me
• 11:56
  Speaker 2: where I'm at pretty much. Right, If I want to
• 11:58
  Speaker 2: turn this into more, can change a lot. Right now,
• 12:01
  Speaker 2: Let me go buy this hot asset over here, bitcoin,
• 12:04
  Speaker 2: Let me buy the dips. Whenever those cool offs do happen,
• 12:06
  Speaker 2: maybe watch that transition of millionaires in America switch over
• 12:11
  Speaker 2: into bitcoin holders. They'll keep both proper diversification. But it's
• 12:15
  Speaker 2: so hard to argue that bitcoin isn't the newest, hottest
• 12:17
  Speaker 2: thing and everyone's talking about it at this point.
• 12:20
  Speaker 1: Yeah, well, I think at the point is to your
• 12:23
  Speaker 1: exact issue right there, is that maybe there is a
• 12:25
  Speaker 1: psychological shift that's occurring right now on long term investors
• 12:30
  Speaker 1: that have large liquidity pools available to them. And part
• 12:35
  Speaker 1: of that is, you know, resident in the sense that
• 12:38
  Speaker 1: we are seeing the kind of ETF runs that we
• 12:40
  Speaker 1: are right now. I want to go to a flip
• 12:42
  Speaker 1: by Nova Grats. He talks about this very point, take
• 12:45
  Speaker 1: a look.
• 12:46
  Speaker 3: But really it was the change of the shift of
• 12:49
  Speaker 3: approach from the Gary Genzler sec to this Trump administration,
• 12:55
  Speaker 3: which has just embraced our industry, and that freed up
• 12:59
  Speaker 3: the animals spear.
• 13:00
  Speaker 1: It's both here and abroad.
• 13:01
  Speaker 3: Right. I've had conversations with heads of large sovereign wealth
• 13:05
  Speaker 3: funds that said, if America's buying bitcoin, we're buying bitcoin.
• 13:08
  Speaker 3: And so you're seeing like the snowball is rolling downhill.
• 13:13
  Speaker 3: The one thing that could have held it back some
• 13:16
  Speaker 3: at least the bitcoin price would have been if you know,
• 13:19
  Speaker 3: Scott Besst and his and his team and Congress could
• 13:25
  Speaker 3: have really not that deficit from seven percent of GDP
• 13:29
  Speaker 3: down towards three, which was his plan. Right now it
• 13:31
  Speaker 3: looks like it's going from seven to eight. And you know,
• 13:34
  Speaker 3: I like Scott best and a lot. I think he's
• 13:36
  Speaker 3: as competent and capable as anybody. We're in a really
• 13:40
  Speaker 3: hard position as a country, and when you have this
• 13:42
  Speaker 3: kind of debt and you're seeing it with long ends
• 13:45
  Speaker 3: of interest, yield curves are selling off everywhere, the dollars
• 13:50
  Speaker 3: under pressure, and that all is very good for bitcoin
• 13:53
  Speaker 3: and crypto acids as well.
• 13:55
  Speaker 1: So you know, he hit on a couple of points there.
• 13:58
  Speaker 1: One I think directly as Scott in the sense of
• 14:01
  Speaker 1: really trying to get the deficit down, because that would
• 14:04
  Speaker 1: in certain areas weeken the dollar. If we get a
• 14:07
  Speaker 1: weeker dollar, typically we see bitcoin and alternative assets move.
• 14:12
  Speaker 1: Right now, the dollar is stronger and rebounding a little bit.
• 14:14
  Speaker 1: If you compare that on the Dixie. Why do you
• 14:17
  Speaker 1: think we are seeing potentially a strong dollar and bitcoin
• 14:22
  Speaker 1: hitting new all time highs, especially with pressure on US treasuries.
• 14:29
  Speaker 2: Yeah, well it looks like the Dixie is falling a
• 14:31
  Speaker 2: little bit here today when I look at the chart,
• 14:34
  Speaker 2: when you look at the one hour chart again, so
• 14:35
  Speaker 2: if you go back to a couple of days ago,
• 14:37
  Speaker 2: a week orgis or so, we're falling here on the Dixie, right,
• 14:41
  Speaker 2: So the dollar is losing value here, but you know
• 14:45
  Speaker 2: it did rebound. You want to make sure I'm looking
• 14:48
  Speaker 2: this correctly, because again it had a nice little dead
• 14:50
  Speaker 2: cat bounce here. But the dollar's been falling here on
• 14:52
  Speaker 2: the Dixie since back in January, had a nice little rebound.
• 14:56
  Speaker 2: For the most part. It is almost like keeping in
• 14:58
  Speaker 2: touch with what bitcoin was doing. I love you say,
• 15:00
  Speaker 2: at the end of the day, the dollar going downhill
• 15:02
  Speaker 2: is good for bitcoin. Let's say the dollar goes up
• 15:04
  Speaker 2: and LIQUIDI comes back, that's good for bitcoin. Why because
• 15:07
  Speaker 2: people are waking up and saying, whether it happens today
• 15:10
  Speaker 2: or next year or ten years from now, the dollars dying,
• 15:13
  Speaker 2: Fiat is dying, Crypto is here and it's time to invest. Well.
• 15:17
  Speaker 1: And I think to your point, where in I believe
• 15:20
  Speaker 1: you're talking about the Japanese yen in terms.
• 15:22
  Speaker 2: Of US, I said, yeah, you're right. Yeah, So with.
• 15:26
  Speaker 1: The end, because This is something that does affect the
• 15:28
  Speaker 1: United States in a big way because they're the largest
• 15:31
  Speaker 1: holder of US treasuries, and if we do see a
• 15:33
  Speaker 1: pressure on US treasuries of them selling to obviously compensate
• 15:37
  Speaker 1: for what's happening with the end, that could also benefit
• 15:41
  Speaker 1: the dollar going down. But this will get into a
• 15:44
  Speaker 1: play here in a second, we'll talk about in terms
• 15:46
  Speaker 1: of stable coins, because this may replace then this may
• 15:49
  Speaker 1: be the alpha hack that everybody's waiting for. I'll share
• 15:53
  Speaker 1: that with you guys in a second. But I want
• 15:54
  Speaker 1: to go to a tweet here by Matt Siegel. Mats
• 15:57
  Speaker 1: says bitcoin. Now one case, this was right before it
• 16:00
  Speaker 1: hit all time high. But yet the Google trends chart
• 16:03
  Speaker 1: looks like this, basically flat, if not down. Yes, this
• 16:06
  Speaker 1: is bitcoin people searching for bitcoins. So clearly retail has
• 16:11
  Speaker 1: not necessarily come in just yet, and not that they will,
• 16:16
  Speaker 1: because it's very possible that we could see FOMO hitting
• 16:21
  Speaker 1: not at the retail level first, but actually at the
• 16:24
  Speaker 1: global macro level on large investment, much like what we
• 16:28
  Speaker 1: were talking about earlier. Let me play a clip for
• 16:30
  Speaker 1: you on this very point and see what you think.
• 16:33
  Speaker 1: Take a look.
• 16:34
  Speaker 4: Well, the word is FOMO because a lot of investors
• 16:37
  Speaker 4: just haven't participated. We've had this twenty percent advance off
• 16:41
  Speaker 4: of the lows. They haven't believed it. We've gapped above
• 16:43
  Speaker 4: the twenty period moving average, a fifty day moving average,
• 16:46
  Speaker 4: and the tutor day moving average, and they still look
• 16:49
  Speaker 4: at this market and say, how do I get on
• 16:50
  Speaker 4: board with this? When again the market's going up. It's
• 16:53
  Speaker 4: creating a lot of challenges for investors because when you
• 16:56
  Speaker 4: look at the positioning data, they're just not there.
• 17:00
  Speaker 1: All right. So this is being the traditional SMP markets
• 17:03
  Speaker 1: moving up in alignment with what's happening around the Trump
• 17:06
  Speaker 1: Plan so far, a lot of correlation to the political
• 17:11
  Speaker 1: timeline that's been happening in the Middle East, most likely
• 17:14
  Speaker 1: with a war being settled, and now with the restructuring
• 17:18
  Speaker 1: and possibly a reset with China. All of this layering
• 17:22
  Speaker 1: into what we could see back to your point earlier
• 17:24
  Speaker 1: tim more money flow in the M two coming in
• 17:28
  Speaker 1: from profits, and if that happens, usually that's slipping into
• 17:33
  Speaker 1: decent or at least diversified assets such as bitcoin and
• 17:36
  Speaker 1: all coins. You think that's going to have a huge
• 17:39
  Speaker 1: play of taking bitcoin maybe to a parabolic run.
• 17:43
  Speaker 2: Here you're talking about the slipping of FIAT in general
• 17:47
  Speaker 2: or the M two supply, the.
• 17:49
  Speaker 1: M two supply being ejected or increased because of what
• 17:54
  Speaker 1: we're seeing in terms of the gains on the S
• 17:55
  Speaker 1: and P, mainly the traditional finance sector, them taking profits.
• 18:00
  Speaker 1: You know, people are going to say, well, I'm going
• 18:02
  Speaker 1: to pull some profits out of traditional finance. Look at
• 18:05
  Speaker 1: some alternatives out here that may have a harder run.
• 18:07
  Speaker 1: Is bitcoin one of those?
• 18:09
  Speaker 2: Oh? I mean absolutely. Anytime you're going to look at
• 18:12
  Speaker 2: different asset classes and say this one's over bought, this
• 18:14
  Speaker 2: one's over sold, people want to buy over sold. Smart money,
• 18:17
  Speaker 2: which is the big money, which is the money that
• 18:19
  Speaker 2: moves markets, they want to buy over sold. What I think,
• 18:23
  Speaker 2: you know, there's a lot of things you could go
• 18:24
  Speaker 2: into on that one. What I would even say is
• 18:26
  Speaker 2: to go a little further. How long it's going to
• 18:30
  Speaker 2: take to finalize is going to be a big question
• 18:32
  Speaker 2: people are wondering. But the S and P five hundred
• 18:35
  Speaker 2: and the stock market, they're going to go the round
• 18:36
  Speaker 2: of tokenization. What's tokenization? A lot of different art coins
• 18:40
  Speaker 2: in there. We're talking the ethereums and the chain links
• 18:43
  Speaker 2: and the onos and the avaxes and you know you
• 18:45
  Speaker 2: have to have your proper layer ones, not just ethereum.
• 18:48
  Speaker 2: You're gonna see suiy and solon to others benefit from
• 18:50
  Speaker 2: that world as well. The stock market could go up,
• 18:53
  Speaker 2: and that makes all coins go up even higher because
• 18:56
  Speaker 2: again they're gonna start building on these alt coins.
• 18:59
  Speaker 1: Bingo.
• 19:00
  Speaker 2: Well again, I like the expression I'm a virgia tech fans.
• 19:03
  Speaker 2: For anyone who's in America knows college football, I'm a
• 19:06
  Speaker 2: tech fan. I grew up. I grew up with a
• 19:08
  Speaker 2: cup my dad, and this cup is said, all dirt
• 19:10
  Speaker 2: roads lead to Blacksburg. We love that expression. I've been
• 19:14
  Speaker 2: using that I've been taking due to crypto. All dirt
• 19:17
  Speaker 2: roads lead towards Bitcoin and these top all coins going
• 19:22
  Speaker 2: parabolic in the next five years, if not in the
• 19:24
  Speaker 2: next year and a half. Why because hey, is the
• 19:28
  Speaker 2: economy doing well? Invest in the future, invest in this cryptocurrency.
• 19:32
  Speaker 2: Is everything not going well up? Viacht currency is terrible.
• 19:35
  Speaker 2: We gotta get a new technology. We gotta get into Bitcoin,
• 19:37
  Speaker 2: We gotta get into these all coins. We got token
• 19:39
  Speaker 2: is everything and make it more streamlined. All dirt roads
• 19:41
  Speaker 2: lead to all coins rallying to Bitcoin rallying it's just
• 19:44
  Speaker 2: not all coin season yet, it's bitcoin season. But I'm
• 19:47
  Speaker 2: still optimistic later this summer or fall, alts are gonna
• 19:50
  Speaker 2: go parabolic with or without the S and P five
• 19:53
  Speaker 2: hundred going up or now.
• 19:54
  Speaker 1: Yeah, well don't don't don't spoil it because we're gonna
• 19:57
  Speaker 1: get into some all coins. Care a little bit, But
• 20:00
  Speaker 1: I do want to ask you about what Arthur Hayes said.
• 20:02
  Speaker 1: And here's Arthur Hayes. He's warning mainly of a harsh
• 20:05
  Speaker 1: bitcoin correction, so he's kind of on your camp in
• 20:08
  Speaker 1: the sense that, hey, it's due. But at the same time,
• 20:11
  Speaker 1: he's pointing out toward around one fifty as the mark
• 20:15
  Speaker 1: that we could literally see a one hundred and fifty
• 20:17
  Speaker 1: k bitcoin and then a harsh correction, whether that is
• 20:21
  Speaker 1: back down to one twenty or one hundred. What do
• 20:25
  Speaker 1: you believe if we did see a one to fifty bitcoin?
• 20:28
  Speaker 1: How would you play that out for a correction? Would
• 20:31
  Speaker 1: you buy on the way down? What would be the
• 20:33
  Speaker 1: strategy for you?
• 20:36
  Speaker 2: Yeah, I mean, so what we've seen so happened so
• 20:38
  Speaker 2: far this year. We just got a thirty three percent correction,
• 20:41
  Speaker 2: We've seen several twenty percent corrections. Would I would say
• 20:44
  Speaker 2: one hundred and fifty thousand would make sense to go
• 20:47
  Speaker 2: ahead and have another Let's call it a mild bear market, Paul,
• 20:50
  Speaker 2: I mean, I wouldn't call it a full blown bear market.
• 20:53
  Speaker 2: But last summer, summer twenty four, that was long, and
• 20:56
  Speaker 2: that was hard for some people, and it took out
• 20:58
  Speaker 2: a lot of people. Convinced lot people the bloom mark
• 20:59
  Speaker 2: was over. Sure enough, in September we rebounded, we started going.
• 21:03
  Speaker 2: November really got the ball rolling, and we hit new
• 21:06
  Speaker 2: all type highs. But no, I would be all on
• 21:09
  Speaker 2: board for let's see, let me see what that correction
• 21:11
  Speaker 2: would be. All share my screen just so people can
• 21:13
  Speaker 2: see it as well. Let's say we got to one fifty,
• 21:15
  Speaker 2: you know somewhere this camp. I think one forties can
• 21:17
  Speaker 2: also be an interesting zone. Let's just say one to fifty.
• 21:19
  Speaker 2: What would a thirty percent correction be. That's kind of
• 21:22
  Speaker 2: what I would say expect about a thirty percent correction.
• 21:24
  Speaker 2: We're looking at a pull back back down, yeah, I
• 21:27
  Speaker 2: mean back down towards one hundred thousand. Yeah. Is that doable?
• 21:32
  Speaker 2: I mean yeah, it's it's absolutely doable. We just did
• 21:35
  Speaker 2: it here, we did it last summer. I think that
• 21:38
  Speaker 2: that's absolutely the cards. But here's what's gonna be really
• 21:40
  Speaker 2: fun about it is the four year cycle there, Paul.
• 21:43
  Speaker 2: Everyone is convinced that the four year cycle still intact.
• 21:47
  Speaker 2: And could that be Could we see like an August September,
• 21:50
  Speaker 2: where the four year cycle would have topped out. Do
• 21:52
  Speaker 2: we see a pullback then another thirty percent? People retail
• 21:55
  Speaker 2: investors say, up, there we go, fouryer cycle hits. We're
• 21:59
  Speaker 2: in a bear market. Sell all my bitcoin. Let's remember
• 22:02
  Speaker 2: there's only twenty one million that will ever exist. There's
• 22:05
  Speaker 2: over sixty million millionaires, which means not even every millionaire
• 22:08
  Speaker 2: can own one bitcoin, and we know several millionaires who
• 22:11
  Speaker 2: own hundreds of thousands of them. Yeah, they're going to
• 22:14
  Speaker 2: have some sort of excuse to convince people like you
• 22:16
  Speaker 2: and me, Paul, to sell our hard earned bitcoin. Yeah,
• 22:19
  Speaker 2: telling us that a four year cycle is over and
• 22:21
  Speaker 2: you need to sell off to make money so that
• 22:22
  Speaker 2: they can buy it up at one hundred thousand, at
• 22:24
  Speaker 2: one hundred and fifty thousand, like that's to play. There's
• 22:28
  Speaker 2: I don't know that's a I think that's a good
• 22:30
  Speaker 2: analysis though. One hundred and fifty to one hundred k
• 22:32
  Speaker 2: or one hundred I like one hundred and twenty. I
• 22:34
  Speaker 2: think I would buy back at one hundred and twenty.
• 22:36
  Speaker 2: But all right, so that's definitely in the cards now.
• 22:39
  Speaker 1: He goes on in the same article, he says he
• 22:41
  Speaker 1: expects the nasty correction of what you're talking about, maybe
• 22:43
  Speaker 1: a thirty percent before bitcoin rockets to two fifty by
• 22:48
  Speaker 1: year in Now. Tom Lee, who has been I would say,
• 22:52
  Speaker 1: one of the biggest bulls out there for bitcoin, he's
• 22:54
  Speaker 1: been kind of pointing at the one seventy mark by
• 22:56
  Speaker 1: end of year. For Hayes to come in at two fifty,
• 23:00
  Speaker 1: you'll feel like that is a little strong. First of all,
• 23:02
  Speaker 1: the psychological effect of a two hundred thousand dollars bitcoin,
• 23:06
  Speaker 1: I don't even know what the market would look like
• 23:09
  Speaker 1: if that occurs, just because of the fomo that would
• 23:13
  Speaker 1: come in from institutions, the FOMO from retail coming in,
• 23:17
  Speaker 1: the fomo from Nation States, and the amount of liquidity
• 23:21
  Speaker 1: that would pour into all coins at that point would
• 23:25
  Speaker 1: be just mind boggling. So it's a big number for sure. Hey,
• 23:30
  Speaker 1: we got to jump over to the stablecoin bill. It
• 23:33
  Speaker 1: looks like we are getting close now we are past
• 23:36
  Speaker 1: the amendment process and now moving in that the Senate
• 23:40
  Speaker 1: just officially had advanced the Genius Bill for consideration. So
• 23:44
  Speaker 1: this is going to go to a vote is very possible.
• 23:46
  Speaker 1: And I put out a tweet last week and I said,
• 23:49
  Speaker 1: and my sources were right, We're going to get a
• 23:51
  Speaker 1: vote on a stable coin bill this week. It looks
• 23:54
  Speaker 1: like it's going to happen before the holiday and if
• 23:57
  Speaker 1: that comes through, then boom. What does that do for
• 24:01
  Speaker 1: Ethereum When you look at Eth being one of the
• 24:03
  Speaker 1: big winners of a stable coin bill along with I
• 24:06
  Speaker 1: think just in general the market, you also have Hong
• 24:09
  Speaker 1: Kong who passed their stable coin bills. They're launching a
• 24:12
  Speaker 1: licensing regime for all FIAT back stable coin that's going
• 24:15
  Speaker 1: to create maybe a gold rush, which is maybe why
• 24:20
  Speaker 1: the circle is looking at selling. First of all, how
• 24:23
  Speaker 1: do you think Ether will respond to this if we
• 24:25
  Speaker 1: do get a stable cooin bill passed?
• 24:28
  Speaker 2: Yeah, I think the all coin space as a whole
• 24:30
  Speaker 2: will benefit a lot from this happening, and the simplicity
• 24:33
  Speaker 2: of it is just another step in the right direction.
• 24:36
  Speaker 2: I think you're right. Coins like Ethereum that actually have
• 24:39
  Speaker 2: stable coins built on them, there's a fundamental reason for
• 24:42
  Speaker 2: them to go up and we'll look at ethereum chart
• 24:44
  Speaker 2: here in a second. But I would take a look
• 24:45
  Speaker 2: at the coinspace as a whole and say regulation is
• 24:50
  Speaker 2: going to free up a lot of these institutions that
• 24:53
  Speaker 2: have been sitting on the sideline to say all right,
• 24:55
  Speaker 2: it's time to go in. There are some institutions by
• 24:57
  Speaker 2: right now. But I know of I've talked, people have
• 25:00
  Speaker 2: talked about you know, twenty to thirty different large companies
• 25:04
  Speaker 2: who have said there's executive role or executive casts have
• 25:08
  Speaker 2: said we want to buy bitcoin, we want to buy
• 25:10
  Speaker 2: out coins. Our board tells us we're not allowed to
• 25:13
  Speaker 2: buy this risky asset until there's clear rules regulation on
• 25:17
  Speaker 2: the table. Stable coin regulation is the first step. You've
• 25:19
  Speaker 2: got to regulate that first because that's where a lot
• 25:21
  Speaker 2: of chaos can happen. Once that regulation is clear. The
• 25:24
  Speaker 2: regulation for all coins is not far behind, so it's
• 25:27
  Speaker 2: a stepping stone process. But it's very good as far
• 25:30
  Speaker 2: as ethereum. Let's go take a look there, which by
• 25:33
  Speaker 2: the way, while we were talking here live Paul, bitcoin
• 25:36
  Speaker 2: has pulled back here a little bit, so back down
• 25:39
  Speaker 2: towards where are we one hundred and seven now, so
• 25:42
  Speaker 2: little correction there also e. Theorium fell back below to
• 25:45
  Speaker 2: twenty five hundred. This is actually a level we talked
• 25:48
  Speaker 2: about in our group this morning. There's some liquidations right there.
• 25:52
  Speaker 2: That's what we just kissed right there. Some liquidations came
• 25:55
  Speaker 2: in right here below twenty five hundred. We kiss those.
• 25:57
  Speaker 2: We're making a little bit of a bounce back, but
• 25:59
  Speaker 2: we'll because more on longer term stuff here for ethereum.
• 26:03
  Speaker 2: Even though ethereum hasn't had the run today that Bitcoin has.
• 26:06
  Speaker 2: Right today was a Bitcoin day, Ethereum has been making
• 26:10
  Speaker 2: a nice boost here, a big, big early start. To
• 26:13
  Speaker 2: May or anyone who sold in May and walked away,
• 26:15
  Speaker 2: I feel bad for them because you pretty much sold
• 26:17
  Speaker 2: the bottom for ethereum. But this is one, just like
• 26:21
  Speaker 2: I said, with Bitcoin. From a chart's perspective, corrections are needed.
• 26:24
  Speaker 2: When I take a look at the daily chart here,
• 26:26
  Speaker 2: you can see the macd uh there we go. Earlier
• 26:28
  Speaker 2: this morning it hadn't crossed it, and now was officially crossed.
• 26:30
  Speaker 2: We have a barish macd cross on the daily chart
• 26:33
  Speaker 2: for ethereum. The RSI set in some barish divergence here
• 26:37
  Speaker 2: is now making a correction of the downside. Even the
• 26:39
  Speaker 2: luxagu osc later my favorite buy and sell signal. I
• 26:42
  Speaker 2: have the red reversal, have the barisalmenum, and there's my
• 26:44
  Speaker 2: negative money flow. The money is starting to bleed out
• 26:46
  Speaker 2: of Ethereum. This would suggest a healthy correction for Ethereum
• 26:51
  Speaker 2: back down here towards this red mark, at least back
• 26:54
  Speaker 2: down towards twenty two hundred ish, right, that's gonna be
• 26:56
  Speaker 2: a zone there. There's also some fair value gaps right
• 26:59
  Speaker 2: in that area. If I can go to the twelve
• 27:00
  Speaker 2: hour chart, we have a big bullish breaker block with
• 27:03
  Speaker 2: a take profit signal there. So that's my buying spot
• 27:06
  Speaker 2: for Ethereum, probably summer here around twenty two sixty twenty
• 27:09
  Speaker 2: two fifty. With that said, though longer time frames were,
• 27:14
  Speaker 2: we still got a long way to go to the upside.
• 27:16
  Speaker 2: The Luxago bisignal is telling us up back above three
• 27:19
  Speaker 2: three thousand. If I were to look at fixed trains
• 27:22
  Speaker 2: volume profile a level, that's going to be a nice
• 27:24
  Speaker 2: kind of watching point before we hit new hives with ethereum.
• 27:27
  Speaker 2: What's it saying key levels to watch our I love
• 27:30
  Speaker 2: looking at gaps, So it got a gap here at
• 27:32
  Speaker 2: three thousand. I have another gap up here around thirty
• 27:34
  Speaker 2: five hundred those gonna be my two zones to the
• 27:37
  Speaker 2: upside once I get this direction here, buy in here
• 27:39
  Speaker 2: on twenty two six, probably look at some profit on
• 27:42
  Speaker 2: trades around three thousand, around thirty five hundred. But for
• 27:45
  Speaker 2: the rest of you who aren't traders, if you're just saying, tim,
• 27:49
  Speaker 2: what about ethereum long term? Yeah, I think we're ready
• 27:52
  Speaker 2: to explode. I think this is one I need a
• 27:54
  Speaker 2: price bridging video a couple of weeks ago. I think
• 27:57
  Speaker 2: very low end, the very very disappointing institutes are not involved.
• 28:00
  Speaker 2: We're talking about five thousand, fifty three hundred. I think
• 28:03
  Speaker 2: on the high end, thirteen to fifteen thousand range is
• 28:07
  Speaker 2: still on the table. Furtherorum, I'm not predicting end at
• 28:10
  Speaker 2: twenty twenty five. Again, I think we extend into twenty
• 28:13
  Speaker 2: twenty six, So be patient on that one. Take profit
• 28:15
  Speaker 2: early if you need to, but I will not be
• 28:17
  Speaker 2: surprised if being twenty twenty six, we see a thirteen
• 28:19
  Speaker 2: thousand or higher ethereum.
• 28:21
  Speaker 1: If you like this video, make sure and liken subscribe
• 28:24
  Speaker 1: to the channel and check out the next video right here.