Latest / The Paul Barron Crypto Show / Stock Market Crashes, $1 Trillion Lost📉Grayscale Crashes Crypto🔥

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Stock Market Crashes, $1 Trillion Lost📉Grayscale Crashes Crypto🔥 · The Paul Barron Crypto Show

• 0:07
  Speaker 1: Let's dive into the markets today because it is getting
• 0:09
  Speaker 1: nasty out there. We'll take a look at some of
• 0:11
  Speaker 1: the implications of how this plays into the next few
• 0:14
  Speaker 1: months going into the political landscape. You don't want to
• 0:17
  Speaker 1: miss this one. My name is Paul Baron. We will
• 0:19
  Speaker 1: come back in the tech path. Let's get into a
• 0:21
  Speaker 1: couple of points here today, and I think first I
• 0:23
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• 1:32
  Speaker 1: to get started. All right, So a couple of things
• 1:35
  Speaker 1: I want to go to real quick? Is this right here?
• 1:38
  Speaker 1: Magnificent seven of course, lost another five hundred billion of
• 1:42
  Speaker 1: market caps since stock market opened today. Remember yesterday we
• 1:46
  Speaker 1: saw a massive one point one trillion come in on
• 1:49
  Speaker 1: the last two days, so a pretty big move here.
• 1:52
  Speaker 1: And I think the key here that people have been
• 1:54
  Speaker 1: talking about is many people have said, hey, this is coming.
• 1:57
  Speaker 1: At some point, We're going to see the top of
• 2:01
  Speaker 1: things like Nvidia, Microsoft, Apple, Tasla, et cetera. And I
• 2:04
  Speaker 1: think that's the factor that we have to consider. With
• 2:07
  Speaker 1: all the pressure from the macro side of things, and
• 2:09
  Speaker 1: this is job jobs, what we're going to see in
• 2:12
  Speaker 1: terms of consumer credit, what we've seen in the real
• 2:14
  Speaker 1: estate market, things you've heard us talk about for over
• 2:18
  Speaker 1: a year, lining up to what could be a huge
• 2:22
  Speaker 1: retracement within the market. Watching guru kind of hit just
• 2:26
  Speaker 1: in right here. One hundred million liquidated from the cryptocurrency
• 2:29
  Speaker 1: market in the past sixty minutes. That was another big tag.
• 2:33
  Speaker 1: And I think the other thing we have to consider
• 2:35
  Speaker 1: is are the analysts starting to look further into the
• 2:39
  Speaker 1: potential here. I've got a clip that I want to
• 2:41
  Speaker 1: go to, and on the clip it goes into a
• 2:43
  Speaker 1: little bit more detail of Tom Lee. Tom Lee's talking
• 2:47
  Speaker 1: about whether or not small caps or if we see
• 2:50
  Speaker 1: this rotation out of what we've seen the large tech socks,
• 2:54
  Speaker 1: the BAC seven, does that start to frame up maybe
• 2:58
  Speaker 1: a different phase of where the market is today. Take
• 3:01
  Speaker 1: a look.
• 3:02
  Speaker 2: You're very popular, and I would warn you this is
• 3:07
  Speaker 2: not good that you're saying this. You think this rotation
• 3:11
  Speaker 2: has been driven by expectations of a Trump white house?
• 3:15
  Speaker 2: Is there another way you can say that? Can you
• 3:17
  Speaker 2: come up with something else so you don't have to
• 3:19
  Speaker 2: delve into the political side. You think Trump's going to
• 3:21
  Speaker 2: win the white House or you think the market at
• 3:24
  Speaker 2: this point thinks he's going to win the white House.
• 3:25
  Speaker 3: Yes, it's the second that's betting. Markets are putting us
• 3:29
  Speaker 3: sixty five probability of a Trump white house. The biggest beneficiary,
• 3:34
  Speaker 3: which is deregulation M and a regional banks doing better.
• 3:38
  Speaker 3: That's small cap stocks. You don't think the large caps
• 3:42
  Speaker 3: are done. You just think it's a slowdown for the
• 3:45
  Speaker 3: S and P five hundred that's their level.
• 3:47
  Speaker 2: Yes, that's right.
• 3:48
  Speaker 3: I think the mag seven was very attractive at the
• 3:51
  Speaker 3: start of this year because growth was scarce and they've
• 3:54
  Speaker 3: had great visibility, and they're not expensive. You know, twenty
• 3:57
  Speaker 3: seven times earnings isn't demanding. But now that there's a
• 4:01
  Speaker 3: visible catalyst for small caps, I think investors are taking
• 4:06
  Speaker 3: some profits up you know, Nazec was up twenty percent
• 4:08
  Speaker 3: and putting it into small caps.
• 4:10
  Speaker 1: All right, So there you go. I mean this is
• 4:12
  Speaker 1: very indicative of most investors is you take your winnings
• 4:16
  Speaker 1: from one project or stock that has maybe lived its
• 4:21
  Speaker 1: lifetime and you start to rotate in. It's kind of
• 4:24
  Speaker 1: like what happens with bitcoin. Ethereum rotating into all coins,
• 4:27
  Speaker 1: and maybe that's the scenario will play out. And to
• 4:30
  Speaker 1: his point, which is crazy to hear Tom Lee say this,
• 4:33
  Speaker 1: is that betting markets was his term, is indicative of
• 4:37
  Speaker 1: what might happen on the next presidential election. The fact
• 4:42
  Speaker 1: that we have Wall Street looking at polymarket, to me
• 4:45
  Speaker 1: is just crazy but interesting stuff for sure. A couple
• 4:48
  Speaker 1: other things right here, Nazak one hundred down. This was
• 4:51
  Speaker 1: three percent on interday trading yesterday. Last time this happened
• 4:55
  Speaker 1: three percent or more or lower was December fifteenth, twenty
• 4:57
  Speaker 1: twenty two. So everybody knows when that was a dead
• 5:00
  Speaker 1: on bear market, is what that was. So Nasdaq down one,
• 5:04
  Speaker 1: down seven point three from its peak with a weakening
• 5:07
  Speaker 1: economic momentum. This is the concern I have is the
• 5:10
  Speaker 1: thing that you get in these trailing indicators that have
• 5:14
  Speaker 1: been really piling up on chair pal for quite some
• 5:17
  Speaker 1: time in the FED. And what I mean by that
• 5:20
  Speaker 1: is consumer credit and demand that's been piling up. Now
• 5:24
  Speaker 1: we're at a position of what could be a very
• 5:27
  Speaker 1: very skittish time for consumers and people out there, including
• 5:32
  Speaker 1: I saw just this morning luxury goods are down. Once
• 5:35
  Speaker 1: you start to see luxury goods falling in terms of growth.
• 5:38
  Speaker 1: It indicates now we're getting into high noworth individuals and
• 5:41
  Speaker 1: that's the last stop before a major recession. So is
• 5:45
  Speaker 1: it too late for Powell to be able to cut
• 5:50
  Speaker 1: and affect the market. Here's Peter Schiff talking about this.
• 5:53
  Speaker 1: Markets are sounding an alarm. Stocks are selling off, say
• 5:56
  Speaker 1: have in currencies like the end Swiss frank rising, commodity
• 6:00
  Speaker 1: currencies like the Australian dollar falling. If the FED doesn't
• 6:04
  Speaker 1: cut rates soon, the recession may start with a stock
• 6:08
  Speaker 1: market crash. And there's many people that I talk to
• 6:11
  Speaker 1: that are in the industry, especially around asset management, and
• 6:16
  Speaker 1: they're leaning a little bit this way. They are a
• 6:18
  Speaker 1: little bit more skiddish right now, saying it's one of
• 6:21
  Speaker 1: the most dangerous times they've seen in investment investing in
• 6:25
  Speaker 1: the last five to eight years. So for that kind
• 6:28
  Speaker 1: of statement coming in from some pretty I would say,
• 6:31
  Speaker 1: some pretty serious people kind of startled me a little
• 6:35
  Speaker 1: bit because you look at it and you think, well,
• 6:37
  Speaker 1: if we just see a ray cut, and you know,
• 6:39
  Speaker 1: this is the thing we talk about quite often. It's
• 6:42
  Speaker 1: not just the rake cut happening, because remember, you have
• 6:44
  Speaker 1: all those things coming in. It's like a train derailing.
• 6:47
  Speaker 1: All those cars are still piling in on top of
• 6:49
  Speaker 1: you because it takes time for the market to adjust
• 6:52
  Speaker 1: to that. Now, maybe there will be the edge of
• 6:55
  Speaker 1: the market, including you know, whether it's crypto alternative assets
• 6:59
  Speaker 1: we see in the midcaps could play in this. But
• 7:02
  Speaker 1: we'll see. Here's Bramo coming in right here, coming from
• 7:07
  Speaker 1: Bloomberg ex New York Fed Bill Dudley. He says, I've
• 7:11
  Speaker 1: long been in the higher for longer. Camp facts have changed,
• 7:15
  Speaker 1: so I've changed my mind. FED should cut now, preferably
• 7:18
  Speaker 1: next week policymaking meeting and let's get it done. And
• 7:22
  Speaker 1: this was something that was said. Here's a clip of
• 7:24
  Speaker 1: this because it goes a little bit more into detail.
• 7:27
  Speaker 4: Take a look based on the weakening that you've seen,
• 7:30
  Speaker 4: are you rethinking that concept that inflation is going to
• 7:33
  Speaker 4: be structurally higher and that the FED is going to
• 7:35
  Speaker 4: have a harder time combating it in the future.
• 7:40
  Speaker 5: Well, if the economy slows and the unemployed right rises,
• 7:42
  Speaker 5: then the two doward pressures on inflation are going to persist.
• 7:46
  Speaker 5: You know, two point six percent is really not that
• 7:48
  Speaker 5: far away from the FED two percent inflation objection objective,
• 7:52
  Speaker 5: and in my mind, that difference is not a sufficient
• 7:56
  Speaker 5: to take a big risk of recession. So I think
• 7:59
  Speaker 5: it's time to the FED to focus on the other
• 8:01
  Speaker 5: side of its dual mandate, which is the employment side.
• 8:04
  Speaker 5: Paul has talked about the fact that the FED has
• 8:06
  Speaker 5: two objectives, inflation and employment, and I just feel like
• 8:09
  Speaker 5: the risks on the employment side are increasing to the
• 8:11
  Speaker 5: points that you want to put more weight on that.
• 8:13
  Speaker 5: I think one of the interesting sort of quandaries of
• 8:16
  Speaker 5: the FED is in right now, they've telegraphed it pretty
• 8:19
  Speaker 5: clearly that they're going to move in September, and it
• 8:21
  Speaker 5: sort begs the question was so obvious that you need
• 8:23
  Speaker 5: to move in September, then what are you waiting for?
• 8:25
  Speaker 5: Why not just moving July.
• 8:27
  Speaker 1: I kind of agreed with Dudley there is that you're
• 8:31
  Speaker 1: looking at a position right now where it is now clear.
• 8:35
  Speaker 1: I think the data is in, so I don't know
• 8:37
  Speaker 1: that the FED can come back and say, hey, we're
• 8:38
  Speaker 1: waiting on more data. The amount of damage to the
• 8:42
  Speaker 1: job market could be maybe in a position where it
• 8:45
  Speaker 1: can't be corrected over a long period of time, and
• 8:47
  Speaker 1: this could push us into a recession. So that is
• 8:49
  Speaker 1: a big factor. Here's true inflation showing well under two
• 8:53
  Speaker 1: percent at one point seven two right now. And this
• 8:57
  Speaker 1: is something that again we've talked about before, is the
• 8:59
  Speaker 1: exit deceleration and disinflation and how this plays out, because
• 9:04
  Speaker 1: all these factors play into how these markets start to move.
• 9:07
  Speaker 1: As you guys know from a technology standpoint, whether it's
• 9:10
  Speaker 1: the big stocks on the MAC seven, the mid caps,
• 9:13
  Speaker 1: regional stocks. Yes, if we do get or if the
• 9:16
  Speaker 1: markets show and are favorable that we get a Trump
• 9:18
  Speaker 1: White House, how does that play into the markets as
• 9:21
  Speaker 1: a post November. I still think we've got this last
• 9:25
  Speaker 1: leg up coming, whether we see continued retracement here in
• 9:29
  Speaker 1: a little sideways action still yet to go. But I
• 9:32
  Speaker 1: think there's a lot of factors that are still yet
• 9:34
  Speaker 1: to play out. The ones that worry me the most
• 9:36
  Speaker 1: are real estate and jobs. And I think that's the
• 9:40
  Speaker 1: train that can't be stopped right now unless the FED
• 9:43
  Speaker 1: does something big. Here is Dudley talking about that again
• 9:46
  Speaker 1: because he thinks it might be political.
• 9:49
  Speaker 5: I think my experience, and I think this is borne
• 9:51
  Speaker 5: out by the Federal of the Market Committee transcripts over
• 9:54
  Speaker 5: many many years, is the FED doesn't take politics and
• 9:56
  Speaker 5: consideration at all and in terms of this timing of
• 9:58
  Speaker 5: monetary policy increases or ray cuts, and I think that's
• 10:03
  Speaker 5: that's appropriate behavior by the Fed. They need to be independent,
• 10:06
  Speaker 5: they don't want it. They shouldn't be taking the election
• 10:08
  Speaker 5: cycle into consideration, and I don't think the Fed is
• 10:11
  Speaker 5: doing that here. I think the reason why the Fed
• 10:14
  Speaker 5: is delaying is I think they were surprised last year
• 10:18
  Speaker 5: when they thought inflation was coming down and it turned
• 10:21
  Speaker 5: out we got a number of disappointing reasonings readings on inflation.
• 10:25
  Speaker 5: I think they're also probably waiting because Paul probably wants
• 10:28
  Speaker 5: to achieve a full consensus, you know. I think he'd
• 10:30
  Speaker 5: like to see a unanimous boat in favor of easing,
• 10:33
  Speaker 5: and the hawks maybe, you know, there may be some
• 10:35
  Speaker 5: people who are hawkish on the nfon seed, they are
• 10:37
  Speaker 5: still a little bit reluctant. I think ray cuts are
• 10:40
  Speaker 5: definitely coming.
• 10:41
  Speaker 1: I just think that, all right, So raycout's coming. He's
• 10:45
  Speaker 1: saying that it is really more of a neutral position,
• 10:49
  Speaker 1: whether you believe it's political or not political. Still, I
• 10:52
  Speaker 1: think that's out for discussion right now. Ethereum ETFs are
• 10:57
  Speaker 1: selling off these this of course signals will bit more
• 11:00
  Speaker 1: trouble in the market of what it might look like
• 11:03
  Speaker 1: sell off trend closely follows a familiar pattern we're sawing.
• 11:06
  Speaker 1: So I think eth had just dipped under thirty two
• 11:09
  Speaker 1: right here part of the show. And this again has
• 11:12
  Speaker 1: been seen by you know, past ETFs that we saw
• 11:15
  Speaker 1: with obviously with bitcoin ETF, they overlook potential billion dollar
• 11:17
  Speaker 1: outflows from greyscale, tendency for exchange listenings to trigger sale,
• 11:22
  Speaker 1: the news reactions, and also kind of just a crypto
• 11:25
  Speaker 1: market entering a seasonally week period. I would agree with
• 11:27
  Speaker 1: all those things. This is the time I mentioned the
• 11:29
  Speaker 1: other day when we were talking about the ETHTF is
• 11:32
  Speaker 1: this timing is very odd because of this is normally
• 11:36
  Speaker 1: a bit more of a weaker period for crypto greyscales.
• 11:39
  Speaker 1: Nine billion in trust experienced significant outflows hemorrhaging almost four
• 11:45
  Speaker 1: hundred eighty one millions, So that's just a one day.
• 11:47
  Speaker 1: So this could get pretty crazy very quickly. And I
• 11:52
  Speaker 1: still think, you know, this is not going to correct soon.
• 11:55
  Speaker 1: So whether it's the sideways or we do see continued downturn,
• 11:58
  Speaker 1: I think that right now is what's at stake here.
• 12:02
  Speaker 1: A couple other things here, THEOEUM ETFs witness one hundred
• 12:04
  Speaker 1: and thirteen million in net outflows in their second day
• 12:07
  Speaker 1: of trading, and then eth this of course is what
• 12:10
  Speaker 1: we were just talking about there with greyscale bleeding most
• 12:13
  Speaker 1: of that to blame, so this same kind it's almost
• 12:15
  Speaker 1: like part two because this is very similar to what
• 12:18
  Speaker 1: happened with the Bitcoin ETF. All really related to those
• 12:22
  Speaker 1: rates that greyscale charges and what we're seeing now with
• 12:26
  Speaker 1: many of these other funds that are saying hey, come
• 12:28
  Speaker 1: over here as zero or their direct assets management going
• 12:33
  Speaker 1: out of gray scale and into eth directly for the
• 12:36
  Speaker 1: benefits of staking. So there's a lot of plays on
• 12:39
  Speaker 1: that spot. ETHTF trading volume surpasses a billion for the
• 12:43
  Speaker 1: second day, so that's still a positive news because there
• 12:46
  Speaker 1: is active in demand and this is happening in a
• 12:49
  Speaker 1: time where all of these other macro components are in play,
• 12:53
  Speaker 1: all the political situations that we have playing out right
• 12:55
  Speaker 1: now are active. This is pretty vold. So for the
• 12:59
  Speaker 1: mark it in general, not to see a major retracement
• 13:03
  Speaker 1: in the S and P, I think is a good
• 13:05
  Speaker 1: thing considering the you know, the conditions the market as
• 13:08
  Speaker 1: it is right now, with that ethereum down today, despite
• 13:14
  Speaker 1: the ETF couple of points here plunged by eight percent.
• 13:19
  Speaker 1: That's a pretty big hit. I think Bitcoin was a
• 13:22
  Speaker 1: little bit more than that. He finally gets integrated with
• 13:24
  Speaker 1: trad five within twenty four hours, Nasdaq worse closing two
• 13:28
  Speaker 1: years one point one trill wiped out from the stock market,
• 13:31
  Speaker 1: and then the launch had been bad for Bitcoin and
• 13:35
  Speaker 1: bad for eth has also been languishing kind of in
• 13:39
  Speaker 1: the entire cycle, and I think many people looked at, well,
• 13:42
  Speaker 1: the Bitcoin ETF launch really had that little bit of
• 13:47
  Speaker 1: downturn and then just a skyrocket. Will that happen in
• 13:50
  Speaker 1: a similar fashion with ethereum. I think it's the timing.
• 13:53
  Speaker 1: It goes back to the whole scenario. Timing is a
• 13:56
  Speaker 1: very key thing here for assets like this, and especially
• 14:00
  Speaker 1: with all of these contributing factors playing into this. So
• 14:04
  Speaker 1: I don't know, it's a little bit scarce scary out
• 14:08
  Speaker 1: there right now. If the dower pressure is sustained, a
• 14:12
  Speaker 1: retest of around three K could be likely. This is
• 14:14
  Speaker 1: a psychological level level that is a real key demand
• 14:18
  Speaker 1: zone for this year. I think a lot of people
• 14:20
  Speaker 1: have been looking for that as an option other things.
• 14:26
  Speaker 1: What else do we have? Oh, Mountcox Yeah, this was
• 14:29
  Speaker 1: another one. So still ninety thousand bitcoin value around six
• 14:32
  Speaker 1: billion setting over there. We'll see a little bit of
• 14:34
  Speaker 1: movement here. According to the recent Reddit poll, this is
• 14:38
  Speaker 1: basically saying, hey, fourner sixty seven credits poll do not
• 14:41
  Speaker 1: plan on selling their Bitcoin holdings, while twenty percent said
• 14:45
  Speaker 1: they would. So not a huge impact. And I think
• 14:48
  Speaker 1: that's the other thing that was impressive with bitcoin, even
• 14:50
  Speaker 1: though it has dropped under sixty five, is that there
• 14:53
  Speaker 1: was some movement there. Peter Schiff added again, in case
• 14:55
  Speaker 1: you haven't notice, despite yesterday's launch of the eight ETFs,
• 15:00
  Speaker 1: this is already down seven past twenty four. Bitcoin is
• 15:03
  Speaker 1: down to falling two percent in the same time period.
• 15:05
  Speaker 1: Stage is set for the biggest crypto crash, just in
• 15:09
  Speaker 1: time for the Nashville Bitcoin Conference. I don't know, Pa,
• 15:12
  Speaker 1: there's just such a contrarian when it comes to this.
• 15:17
  Speaker 1: For sure. We've had him on the show. We probably
• 15:19
  Speaker 1: should get him back on. It's about his time to
• 15:21
  Speaker 1: come back on when bitcoin is not doing well. This
• 15:25
  Speaker 1: was a crazy estimate by what's happening from the vant guys.
• 15:29
  Speaker 1: I don't know these kind of headlines. I'm not a
• 15:31
  Speaker 1: big fan of these because it's just a little bit
• 15:33
  Speaker 1: too over the top. I think we have to be
• 15:35
  Speaker 1: a little bit more consistent with where the growth of
• 15:38
  Speaker 1: these markets are going, and also just the demand because
• 15:40
  Speaker 1: remember we're still in the very early stage. Now I
• 15:43
  Speaker 1: get this, this is twenty fifty. Yeah, we would have
• 15:45
  Speaker 1: demand by them for sure. For sure other thing that
• 15:49
  Speaker 1: kind of plays into this. I think this is kind
• 15:51
  Speaker 1: of cool because you look at polymarket, and I think
• 15:57
  Speaker 1: crypto investors are, in my opinion, are some of the
• 15:59
  Speaker 1: most plugged in people. Every time I talk to a
• 16:01
  Speaker 1: crypto investor, they understand politics, they understand technology, they understand
• 16:06
  Speaker 1: human nature, they understand sentiment, and if you plug in
• 16:10
  Speaker 1: at social they understand culture. They're probably, as I said,
• 16:14
  Speaker 1: one of the most plugged in communities out there. And
• 16:17
  Speaker 1: I think when you have this opportunity right here where
• 16:20
  Speaker 1: moonpay is partnering up with polymarket to basically get more
• 16:23
  Speaker 1: people involved in these predictive markets, we may get more
• 16:27
  Speaker 1: data on how some of these markets are going to
• 16:29
  Speaker 1: play out, which will give us the ability to really
• 16:32
  Speaker 1: understand how to play this from a strategy standpoint. So
• 16:36
  Speaker 1: a lot of opportunities for sure. I know we have
• 16:40
  Speaker 1: a poll real quick let's go to that poll real quick.
• 16:42
  Speaker 1: Let's take a look. Here we go. What happens first,
• 16:44
  Speaker 1: bitcoin to seventy k or bitcoin just under whoa man?
• 16:50
  Speaker 1: Fifty fifty? The audience is split, the PB and nation
• 16:56
  Speaker 1: is split. Well, that just tells you, man, the markets
• 17:01
  Speaker 1: are unstable when you see that kind of thing. So
• 17:03
  Speaker 1: not as bullish as we've seen the rest previous this
• 17:05
  Speaker 1: week going into the market, for sure, I see a
• 17:08
  Speaker 1: lot of comments coming in. Are we gonna take questions today?
• 17:11
  Speaker 1: Gay guys? Okay, so we've got a few coming in here.
• 17:15
  Speaker 1: Crypto King says, let's see, let me view the cue. Yeah,
• 17:18
  Speaker 1: here we go. Yeah, so here we go. Michael c
• 17:21
  Speaker 1: etf what a dud. I don't know yet. It's still early, Michael.
• 17:25
  Speaker 1: Let's give it a little bit. I still think it's
• 17:27
  Speaker 1: got a chance here, even though two billion not a
• 17:29
  Speaker 1: bad deal. Not a bad deal. Chris Crypto says, all
• 17:32
  Speaker 1: I know a fact is whenever attack the most is
• 17:36
  Speaker 1: disruptive technology, XRP is by far attack the most in
• 17:40
  Speaker 1: the crypto space. Yeah you're right, yeah you are. XRP
• 17:45
  Speaker 1: is steady, man. The XRP guys are out. The XRP
• 17:48
  Speaker 1: army is out. Summer always sucks. I agree with that.
• 17:53
  Speaker 1: That's back to my point is that the timing is
• 17:55
  Speaker 1: really bad for these kinds of things that are happening.
• 17:58
  Speaker 1: Plus you layer in the things. Yeah, it's a little tight.
• 18:02
  Speaker 1: Crypto Music says, there's a bit more dirt to clear out,
• 18:04
  Speaker 1: but I have no doubt this is a mega push,
• 18:08
  Speaker 1: just another flush. Keifer says, Bitcoin about the rip super hard.
• 18:13
  Speaker 1: Let me look at the chart on that and see
• 18:15
  Speaker 1: what's up with our sentiment metric. Over on the MSI,
• 18:21
  Speaker 1: we'll bring in I'm looking at different stocks today. Let
• 18:25
  Speaker 1: me run over here too, just to the MSI and
• 18:29
  Speaker 1: we'll take a look Bitcoin. Yeah, it's right now. It's
• 18:33
  Speaker 1: still trending negative and a moneyful. Of course, it kind
• 18:36
  Speaker 1: of has started to push out this on the weekly.
• 18:38
  Speaker 1: Let me daily here on the daily. Hm, oh, maybe
• 18:45
  Speaker 1: you're right. We've got a little bit of an indicator
• 18:47
  Speaker 1: that's showing maybe this could be a little bit of
• 18:49
  Speaker 1: an opportunity. There's some cool things happening out there. We
• 18:55
  Speaker 1: all have weight to October.
• 18:56
  Speaker 5: I don't know.
• 18:56
  Speaker 1: If I'm waiting till October, that would be no remember
• 19:00
  Speaker 1: would probably be the bigger scenario. Xbox getting sued by
• 19:03
  Speaker 1: the FTC. Super bad right now listen with after what
• 19:07
  Speaker 1: happened in this global outage with cross strike and the
• 19:10
  Speaker 1: involvement of Microsoft, I think those kind of things are
• 19:13
  Speaker 1: going to continue to pile up if we see more
• 19:15
  Speaker 1: of that. All season has already begun, definitely. Solana Salona
• 19:20
  Speaker 1: has been crazy. What's it one sixty eight right now
• 19:23
  Speaker 1: after a pretty good run here still swing somewhat bullish.
• 19:28
  Speaker 1: We may see it readjust Avalanche a little as our
• 19:32
  Speaker 1: team would say, is a little bit sleepy, but up
• 19:35
  Speaker 1: slightly coming off that wick bottom right there. Not too
• 19:39
  Speaker 1: much from a twenty four to twenty six just by Tesla, Well,
• 19:44
  Speaker 1: Tesla is definitely adjusted down for sure. And I think
• 19:47
  Speaker 1: with a delay on Robotaxi and just which is kind
• 19:51
  Speaker 1: of the delay on FSD. Don't give me into that.
• 19:53
  Speaker 1: It's I'll go on forever on that one Crypto music
• 19:56
  Speaker 1: back where it says we're on for the best possible
• 19:58
  Speaker 1: gains September to March mega run and then again last
• 20:02
  Speaker 1: quarter will be the next twenty five percent. I think
• 20:05
  Speaker 1: you mean last quarter over the next twenty five percent
• 20:08
  Speaker 1: could be. I mean, these cycles if they do run
• 20:11
  Speaker 1: similar to past this one doesn't look identical. So some
• 20:14
  Speaker 1: of the things we've seen in twenty nineteen and twenty
• 20:18
  Speaker 1: in twenty one, I don't know. I'd love to get you,
• 20:21
  Speaker 1: guys as more more feedback. If you're catching this after
• 20:23
  Speaker 1: the live stream, make sure and drop some comments down below.
• 20:25
  Speaker 1: And if you're not subscribed, come on, guys, ladies, gentlemen,
• 20:29
  Speaker 1: let's get subscribed. Get in the diamond circle as well.
• 20:32
  Speaker 1: It's a link we always leave down below and you
• 20:35
  Speaker 1: can do that. You get additional content from me, you
• 20:38
  Speaker 1: get into the community, all that good stuff. And then
• 20:41
  Speaker 1: if you're not following me on X, go and do
• 20:44
  Speaker 1: that as well. Okay, so it's just that Paul Baron,
• 20:46
  Speaker 1: we got one more poll, one more poll, good to go, Okay,
• 20:52
  Speaker 1: here we go. Oh you want to go back to
• 20:54
  Speaker 1: the poll? Oh the okay, just for that one percent? Okay,
• 20:58
  Speaker 1: So are sent to get it on a negative note,
• 21:02
  Speaker 1: all right, I don't like that. That's that's something I like. Anyway.
• 21:05
  Speaker 1: We'll catch you next time right here on Techpath.