Latest / The Paul Barron Crypto Show / Crypto Crash Rebound?📈Technical Analysis with Tim Warren
Transcript
- 0:00Speaker 1: Are we nearing a crypto bounce and is this market
- 0:02Speaker 1: setting up for another move? We'll break it down for
- 0:04Speaker 1: you today. It's going to be a good one. Let's
- 0:06Speaker 1: just jump right into it. I do want to thank
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- 0:43Speaker 1: I want to bring in Tim Warren. You guys have
- 0:45Speaker 1: seen him on our show before. How are you Tim doing?
- 0:48Speaker 2: Good? Paul good to be back.
- 0:49Speaker 1: Yeah, If you guys haven't checked out Tim's videos, you
- 0:53Speaker 1: can do so over on Tim Warren Trades on YouTube
- 0:57Speaker 1: right there, and he's back on the channel. So I
- 1:01Speaker 1: know that there was some things going on, so but
- 1:03Speaker 1: good to see that you were back in action there.
- 1:06Speaker 1: Hey listen, Tim, let's get into the markets in general.
- 1:09Speaker 1: I want to cover a few macro points with you
- 1:12Speaker 1: and then get your opinion on where you think, you
- 1:15Speaker 1: know kind of the market is these EBB and flows
- 1:17Speaker 1: are occurring. Stocks shocking stat of the day, this was interesting.
- 1:21Speaker 1: Working Americans now allocating an average of twenty three hundred
- 1:25Speaker 1: and fifty eight per year into MAG seven stocks, So
- 1:29Speaker 1: this is coming seventy one percent of four to one
- 1:31Speaker 1: contributions totally, about eighty five hundred are going into actuities equities,
- 1:36Speaker 1: and then you got the MAG seven that's accounting for
- 1:38Speaker 1: almost forty percent of the S and P five hundred.
- 1:41Speaker 1: So we kind of know some of these things, but
- 1:42Speaker 1: this represents a large amount of capital moving into the
- 1:48Speaker 1: big tech you know, gatekeepers so to speak. Now, my
- 1:52Speaker 1: question is do you think we're on the verge of
- 1:54Speaker 1: possibly seeing a rotation to where some of these investors
- 1:58Speaker 1: would go be going in to big crypto gate keepers, Bitcoin, ethereum,
- 2:03Speaker 1: XRP Aalana. What's your thought on that?
- 2:07Speaker 2: I think so when we say soon though soon is
- 2:09Speaker 2: the relative term. We're talking about next week, probably not,
- 2:12Speaker 2: we're talking about the next couple of months. Maybe I
- 2:15Speaker 2: could honestly see it being a little bit into twenty
- 2:18Speaker 2: twenty six that that happens. And part of the reason
- 2:21Speaker 2: why it is because, Paul, you know this just like
- 2:24Speaker 2: everybody else. If I'm a newer investor, I've never invested
- 2:26Speaker 2: in this type of asset class before. Am I more
- 2:29Speaker 2: likely to invest in it when it just fell a
- 2:31Speaker 2: decent amount or after it hit a new all time high?
- 2:34Speaker 2: You and I both know the best time to buy
- 2:36Speaker 2: is after the dip. That's not what newer investors understand.
- 2:39Speaker 2: So I still think that even what happened this past
- 2:42Speaker 2: weekend was it's clear it was coordinated in some way.
- 2:46Speaker 2: The question is who the culprit is. But I think
- 2:49Speaker 2: there's still a big move coming from larger institutions. And
- 2:52Speaker 2: then once we hit new all time highs, the selling
- 2:55Speaker 2: point for Blackrock to keep some of their ets for
- 2:58Speaker 2: these banks that are now going to start using crypto
- 3:01Speaker 2: in the four to one k outlets, it's easier to
- 3:04Speaker 2: sell it at that point. Right right now, it's not
- 3:06Speaker 2: so easy to sell stocks though, you know, what's easy
- 3:08Speaker 2: to sell right now? Those maent seven stocks are performing
- 3:11Speaker 2: very well. Easy to sell gold just hit forty two hundred,
- 3:15Speaker 2: a prediction we made here on this channel with you,
- 3:18Speaker 2: that's really easy to sell right now, even though common
- 3:20Speaker 2: sense actually says go at the assets not performing well.
- 3:23Speaker 2: But I think I could take a little bit before
- 3:25Speaker 2: we get a massive inflow from new users in their
- 3:28Speaker 2: four to one case.
- 3:29Speaker 1: Well, one thing that we'll play into this, Matthew Siegal
- 3:32Speaker 1: kind of hit on this is all of this investment
- 3:34Speaker 1: that's coming into the surrounding tech center. So this is
- 3:38Speaker 1: a I don't know if it's a concern for crypto,
- 3:40Speaker 1: but in general if you think about liquidity and where
- 3:43Speaker 1: people are going to be pointing to. What he's talking
- 3:45Speaker 1: about is Macquarie, who is selling the aligned data centers.
- 3:49Speaker 1: It's another forty billion, So all that's happening. Hey, I
- 3:52Speaker 1: want to play a clip for you. This is the
- 3:54Speaker 1: Altimeter Capital CEO talking about this very thing and the
- 3:58Speaker 1: moment this represents or US innovation.
- 4:01Speaker 3: Take a look, maybe to just provide some context here,
- 4:06Speaker 3: the Manhattan Project was four billion dollars. You inflation adjusts
- 4:10Speaker 3: that that's forty billion. It was one percent of GDP.
- 4:13Speaker 3: So if you take one percent of GDP, that's three
- 4:16Speaker 3: hundred to four hundred billion, okay. And that was a
- 4:19Speaker 3: government funded project that had a big impact on the economy.
- 4:23Speaker 3: The compute buildout that's going on now is ten x
- 4:27Speaker 3: the Manhattan Project with no government funding, all privately funded
- 4:32Speaker 3: by deals like the one you just heard announce, right.
- 4:34Speaker 3: So this is a when you think about the tailwinds
- 4:37Speaker 3: in the economy right as we head into twenty twenty six,
- 4:40Speaker 3: think about the stimulus of now a ten x Manhattan Project.
- 4:45Speaker 3: Then we have this massive reindustrialization investment. You heard JP
- 4:49Speaker 3: Morgan yesterday, a trillion and a half dollars. You heard
- 4:51Speaker 3: Stillantis today talk about their thirteen billion dollar investment. Besin's
- 4:55Speaker 3: talking about it at the White House today. A massive
- 4:58Speaker 3: reindustrialization build out on the back of trillions from the
- 5:01Speaker 3: Middle East, five hundred and fifty billion from Japan, et cetera. So,
- 5:05Speaker 3: and then you have this deregulation in the m and
- 5:07Speaker 3: a wave that's coming on. So I think there's a
- 5:10Speaker 3: lot of tailwinds for this economy.
- 5:11Speaker 2: Yeah, it sounds like something that's hard to bet against
- 5:13Speaker 2: to short, that's.
- 5:14Speaker 1: Right, all right, So first of all, I want to
- 5:17Speaker 1: clarify everybody just you know, we don't just put talking
- 5:20Speaker 1: heads up there. We kind of give you a little
- 5:21Speaker 1: bit of a backstory. That's brad Gershner. This guy is
- 5:23Speaker 1: one of the biggest investors out there in VideA, Snowflake, Uber, Microsoft.
- 5:28Speaker 1: I mean, he's been out there a while. Okay, so
- 5:30Speaker 1: it's not like you. He's not talking his book. All right,
- 5:33Speaker 1: Let's just be clear. He's talking his book and what
- 5:36Speaker 1: he's talking about is infrastructure. But these guys do this
- 5:38Speaker 1: all the time in Wall Street, tim just like crypto
- 5:41Speaker 1: in reality. Let me go to this point right here
- 5:43Speaker 1: because I want to jump back over to a tweet
- 5:46Speaker 1: you put out, and I want you to explain this
- 5:48Speaker 1: first of all, because I know it's a little cryptic
- 5:50Speaker 1: here my crypto price prediction updates I was wrong. Explain
- 5:54Speaker 1: what you were talking about in this video. And this
- 5:59Speaker 1: kind of gets back in to this whole cycle thesis
- 6:01Speaker 1: that you're kind of going to hit it.
- 6:03Speaker 2: Yeah, you know, I would say one of my claims
- 6:06Speaker 2: to fame at this point, not that I would call
- 6:08Speaker 2: myself famous, but you know, I think people in the
- 6:09Speaker 2: crypto space are aware of who I am. You know,
- 6:12Speaker 2: I get reminded frequently. Aren't you the guy that said
- 6:14Speaker 2: that chainlink can hit four hundred dollars? Aren't you the
- 6:16Speaker 2: guy that said this? Aren't you guys said that? You
- 6:18Speaker 2: know I have put out price predictions in the past.
- 6:21Speaker 2: Every single price prediction I've ever done for long term
- 6:24Speaker 2: predictions has never been based on the charts. Even though
- 6:27Speaker 2: I'm a technical analyst, I always take a look at
- 6:29Speaker 2: what I think value wise a market cap could get to.
- 6:32Speaker 2: I examined tokenomics, I examine timetables, and I say, okay,
- 6:36Speaker 2: if at this point in time, where at this much
- 6:38Speaker 2: supply and coins and a market cap reaches this level,
- 6:41Speaker 2: this would be the price prediction I would give. So
- 6:43Speaker 2: that's where a lot of those levels come from. In
- 6:46Speaker 2: this video, I wanted to be clear with my audience. Listen,
- 6:48Speaker 2: I'm going to take back some things that I've said.
- 6:50Speaker 2: I'm gonna be very honest with you. Things have changed.
- 6:53Speaker 2: What has not changed is I still believe someday and
- 6:56Speaker 2: I think it's still possible in twenty twenty six, but
- 6:58Speaker 2: I'm not certain. I still think someday in the next
- 7:00Speaker 2: couple of years, Chainlink will be about four hundred dollars.
- 7:03Speaker 2: I still think that Bitcoin will go well above two
- 7:05Speaker 2: hundred thousand. I think that Ethereum is going to be
- 7:07Speaker 2: pushing closer towards twenty thousand dollars. But I have no
- 7:10Speaker 2: idea when and when you look at the volatility and
- 7:14Speaker 2: chaos we've seen, the markets look completely different than they've
- 7:17Speaker 2: ever looked for crypto before. And I'll take a quick
- 7:19Speaker 2: look on my chart here. I'll share my screen in
- 7:22Speaker 2: that video. You guys can go watch it, and there's
- 7:24Speaker 2: some other nuggets in there as well. But I kind
- 7:26Speaker 2: of address the fact that what crypto markets have been
- 7:29Speaker 2: used to, at least dating back here to twenty fifteen,
- 7:32Speaker 2: right after the twenty thirteen bull run, we had our
- 7:35Speaker 2: nice year long bear bear market. We had some choppiness
- 7:38Speaker 2: in price action. Yeah, we had a couple of volatile moves,
- 7:41Speaker 2: but for the most part after accumulation phase, once we
- 7:45Speaker 2: got through it, it was a major explosion into the
- 7:48Speaker 2: top of twenty seventeen for a three year cycle, followed
- 7:51Speaker 2: by the one year bear market four year cycle. Okay,
- 7:54Speaker 2: then in twenty nineteen twenty twenty, there was a little variation,
- 7:57Speaker 2: but I would still call this entire period, even with
- 7:59Speaker 2: this big round dolly. This was the accumulation zone. We
- 8:02Speaker 2: got two chances to buy cheap bitcoin, cheap crypto, and
- 8:06Speaker 2: then we had our major explosion. You have some volatility
- 8:09Speaker 2: over the summer, but for the most part, one big
- 8:12Speaker 2: major move that is not how this bull market has
- 8:14Speaker 2: looked whatsoever. You can see very clearly dating back to
- 8:17Speaker 2: the lows of twenty twenty two, we've had several choppy movements,
- 8:21Speaker 2: bear market over come back down, Bitcoin e TF come
- 8:25Speaker 2: back down, a lot of fud. Oh Donald Trump's president,
- 8:28Speaker 2: He's gonna be so good for crypto, right. Oh, actually
- 8:30Speaker 2: he has tariffs. Let's cool back off and now Oh
- 8:33Speaker 2: regulation and FED rate cuts are coming. Let's pump again.
- 8:37Speaker 2: Oh wait a minute, more Fed tariff news, or not
- 8:39Speaker 2: fed tariff news, more tariff scares. This volatile shoppiness is
- 8:44Speaker 2: unlike anything crypto has seen before. And while I still
- 8:47Speaker 2: believe again all of my price predictions because they are
- 8:50Speaker 2: based on market cap not technical analysis, I'm not saying
- 8:54Speaker 2: that I don't think those prices happen eventually. But what
- 8:56Speaker 2: I am gonna say is I think that before we
- 8:58Speaker 2: get to those levels, I'm not gonna be surprised whatsoever.
- 9:02Speaker 2: We see crypto continue this extremely choppy upward movement to
- 9:06Speaker 2: the upside. I don't see a major bear market coming
- 9:09Speaker 2: anytime soon because every single thing that's causes the pullback
- 9:12Speaker 2: has always been more fud waiting for the next great
- 9:14Speaker 2: level of news. But as a trader, I'm no longer
- 9:19Speaker 2: just gonna sit around with my all coin bag, especially
- 9:23Speaker 2: when there's probably gonna be several more fifty to sixty,
- 9:26Speaker 2: maybe even some coins seventy percent pullbacks between now and
- 9:29Speaker 2: those high price predictions. I'm gonna be more aggressive in
- 9:33Speaker 2: taking profit and looking to buy dips. So I'm gonna
- 9:36Speaker 2: kind of move my focus from trying to say, hey,
- 9:38Speaker 2: where's the top of the ball market too more saying hey,
- 9:41Speaker 2: what does the next leg look like? How high can
- 9:43Speaker 2: we get? Boards time to take profits, get that dry
- 9:46Speaker 2: powder on the on the sideline to buy that fifty
- 9:49Speaker 2: percent dip, and then we'll keep going. Because for your cycle,
- 9:52Speaker 2: in my opinion, still is it's over, it's dead, it's gone.
- 9:55Speaker 2: We've now entered something new, and it's the institutional chaos
- 9:58Speaker 2: of shaking out that the lunch money from the kid
- 10:01Speaker 2: on the playground. They're going to be volatile, They're gonna
- 10:03Speaker 2: give us months of good news, months of bad news.
- 10:06Speaker 2: I'm gonna trade it. I'm gonna trade it instead of
- 10:08Speaker 2: just hoddling all my al coins that long.
- 10:09Speaker 1: All right, Well, that's definitely a different position, I think
- 10:13Speaker 1: than what most crypto has been looking at for quite
- 10:16Speaker 1: some time. Outside of the traders in the market who
- 10:19Speaker 1: are much more you know, into swing trading and even
- 10:22Speaker 1: day trading on crypto, of course, many of those are
- 10:24Speaker 1: leveraging up and those are the ones that got wrecked.
- 10:26Speaker 1: So everybody has to kind of frame that into your
- 10:29Speaker 1: own not financial advice, but you have to frame that
- 10:31Speaker 1: into your own strategy that works for you. Speaking of
- 10:35Speaker 1: that bit wise CIO Matt Hogan, he calls last week's
- 10:38Speaker 1: historic crypto flash crash a blip, not a structural shift,
- 10:42Speaker 1: stressing that core fundamentals still remain intact. And I think
- 10:46Speaker 1: the real question is the Trump trade starting to fade?
- 10:53Speaker 1: And what I mean by that is if you look
- 10:55Speaker 1: at all of the things that have been happening around
- 10:58Speaker 1: the Trump token in general. And I won't go on
- 11:01Speaker 1: I'm going to jump to that. I want to jump
- 11:03Speaker 1: to that topic because we'll get into bitcoin in a second.
- 11:06Speaker 1: But when you look at the potential Trump trade. I'm
- 11:09Speaker 1: just looking at the Trump token here, all right. This
- 11:12Speaker 1: was almost a fifty dollars high, was right at fifty almost. This,
- 11:15Speaker 1: of course is retraced down almost ninety percent. Okay, this
- 11:18Speaker 1: is a Trump token, guys. And then you look at
- 11:21Speaker 1: the potential rumor and speculation, high speculation that it was
- 11:27Speaker 1: an insider trading on all of this activity, many people
- 11:31Speaker 1: saying could it be Baron Trump? Many people looking at
- 11:34Speaker 1: could it be someone in the Trump administration. There's a
- 11:37Speaker 1: lot pointing out insider trading here. Okay, Now, this has
- 11:41Speaker 1: been going on, we see it in DC all the time.
- 11:43Speaker 1: It's known, but it's known, you know of where that's coming.
- 11:47Speaker 1: This is a little bit shadier, a little bit darker
- 11:49Speaker 1: because it's crypto guys. We're talking about a global market here.
- 11:52Speaker 1: What do you think about that in terms of are
- 11:55Speaker 1: we seeing the Trump sentiment fade from a crypto perspective.
- 12:00Speaker 2: I absolutely think that's the case that has to be
- 12:04Speaker 2: taken seriously. I mean, I think you're going to have
- 12:06Speaker 2: some people that aren't involved in crypto whatsoever who are
- 12:08Speaker 2: going to continue to worship everything Trump does. It's a
- 12:12Speaker 2: very real statement whether you're a conservative or liberal. There
- 12:16Speaker 2: is clearly a maga cult movement in the United States
- 12:19Speaker 2: that just he can't do any wrong. On the crypto side,
- 12:21Speaker 2: he at one point was the savior. I mean, look
- 12:24Speaker 2: at every cryptocurrency in November when he won the election,
- 12:28Speaker 2: everything skyrocket. He was supposed to be the darling. And
- 12:31Speaker 2: while there have been some ups, I mean, clearly Bitcoin
- 12:34Speaker 2: is higher than when he took office. Sure almost everything
- 12:37Speaker 2: else is lower. It maybe not Atheroreum or B and B,
- 12:40Speaker 2: but that's a different conversation than yourself. Almost everything else
- 12:42Speaker 2: is down. I do think that a crypto infatuation with
- 12:45Speaker 2: Trump is wearing off. As far as the conspiracy over
- 12:48Speaker 2: the weekend, I think it's really hard to pinpoint and
- 12:52Speaker 2: say we know who it is. Obviously Baron or Eric
- 12:55Speaker 2: or Donald Junior are going to be the main targets
- 12:57Speaker 2: people look at, and it possibly was them. Here's what
- 13:00Speaker 2: we know. Ninety nine point nine percent chance someone in
- 13:04Speaker 2: the White House, whether they were had the last name
- 13:06Speaker 2: Trump or they simply are on his staff, absolutely weaponized
- 13:11Speaker 2: that information in coordinated attacks with probably several other individuals worldwide.
- 13:16Speaker 2: They took advantage of a loophole in Binance Exchange where
- 13:19Speaker 2: there was that little blip where they could take it was.
- 13:22Speaker 2: It wasn't one person, it was several. And whether it
- 13:25Speaker 2: was one or two or ten, there were people in
- 13:27Speaker 2: the White House absolutely a part of that team. It's disgusting.
- 13:31Speaker 2: I would like to think hopefully it was not an
- 13:33Speaker 2: actual Trump who's doing it, But at this point I'm
- 13:36Speaker 2: open to any person. I just hope justice is carried out.
- 13:39Speaker 2: I hope investigation happens, which probably won't. But what happened
- 13:43Speaker 2: was disgusting. And yeah, I think the love infatuation with
- 13:46Speaker 2: any crypto person and Trump is at best fading and
- 13:51Speaker 2: at worst it's it's over.
- 13:52Speaker 1: It's over. Yeah. Well, speaking of that, because I'm in
- 13:56Speaker 1: agreement with you, I think we are at that kind
- 13:58Speaker 1: of a a little bit of a cross now. I
- 14:00Speaker 1: think we've been faked out so much here in terms
- 14:04Speaker 1: of believing that this administration was going to kind of
- 14:08Speaker 1: resurrect the idea around it. Now. Granted, there's been a
- 14:11Speaker 1: lot of good things that have happened. I mean, just
- 14:12Speaker 1: the SEC moves alone is going to be good, but
- 14:15Speaker 1: it's mostly good for institutions, let's be honest. And then
- 14:19Speaker 1: if you look at what the Clarity Act could be.
- 14:21Speaker 1: This is going to be good for big business. Some
- 14:24Speaker 1: traders may win this. But I agree with you. I
- 14:26Speaker 1: think we're in a different kind of trading cycle of
- 14:30Speaker 1: no longer trying to hoddle through to these blow off
- 14:33Speaker 1: tops and looking at these opportunities of buying dips and
- 14:36Speaker 1: rotating out much earlier with profitability. But you've got this
- 14:40Speaker 1: issue happening with bitcoin right now. By bitcoin, this is
- 14:44Speaker 1: not this is reference to searches out there have not
- 14:46Speaker 1: reached the highs of twenty seventeen or twenty twenty one.
- 14:51Speaker 1: So tim is bitcoin done for this bull run? Because
- 14:57Speaker 1: we've been trying to you think, where do you think
- 15:00Speaker 1: we are?
- 15:00Speaker 2: See? The argument would be said there like, here's the
- 15:03Speaker 2: reason why people are upset about it. If you believe
- 15:07Speaker 2: in the four yar cycle, therefore right now slash pretty
- 15:11Speaker 2: probably two weeks ago, you really should be at the top. Yeah,
- 15:14Speaker 2: I understand it. It's all about worldview. What map are
- 15:16Speaker 2: you looking at? What's your understanding of how this stuff works?
- 15:19Speaker 2: If you are a die hard four your cycle believer,
- 15:23Speaker 2: then you're crushed right now. Not only is price not
- 15:26Speaker 2: where you want it to be. We never got a
- 15:27Speaker 2: true all coin season. And yeah, you look at those dates,
- 15:30Speaker 2: you say, oh, oh we're in trouble, Bitcoin screwed, or
- 15:34Speaker 2: you could look through it through the lenses that I
- 15:36Speaker 2: look at it and say the four your cycle is
- 15:38Speaker 2: over and done. In fact, that chart that some people
- 15:41Speaker 2: make UTI likes to say we're in trouble, I would
- 15:43Speaker 2: say that's the proof we're nowhere near the top because
- 15:46Speaker 2: we don't have the massive euphoria of new retail investors
- 15:50Speaker 2: looking to buy bitcoin. Yet Bitcoin is still significantly higher
- 15:53Speaker 2: than it was back in twenty twenty one. I do
- 15:55Speaker 2: it as a positive. I'm a cup half full person.
- 15:58Speaker 2: Others are cup half empty kid too.
- 16:00Speaker 1: But I also remember twenty twenty one was very adamant
- 16:04Speaker 1: about getting to that one hundred k. Then when we
- 16:06Speaker 1: had China come in banning bitcoin, everybody was on the
- 16:09Speaker 1: one hundred k tribe, and of course we got shorted out.
- 16:13Speaker 1: Now and that's the real question is is that one
- 16:15Speaker 1: point fifty now the new you know window that will
- 16:18Speaker 1: never reach around bitcoin? And what we're seeing right now
- 16:21Speaker 1: is waffling because that's that's going from the sixty to
- 16:24Speaker 1: seventy k.
- 16:25Speaker 2: HI.
- 16:25Speaker 1: If you look at twenty twenty one in comparison.
- 16:28Speaker 2: I see it different, Paul. Again, I was on the
- 16:30Speaker 2: one hundred k train in twenty twiney one as well.
- 16:34Speaker 2: Here's the dirupt the twenty twenty one market. And I
- 16:38Speaker 2: think I've said this on your show before. Twenty twenty
- 16:40Speaker 2: one was the season of they fight you, Right, there's
- 16:43Speaker 2: that saying. At first they ignore you, then they laugh
- 16:45Speaker 2: at you, then they fight you, and then they join you.
- 16:48Speaker 2: Twenty twenty one was when institutions flooded and manipulated and
- 16:53Speaker 2: put it top on bitcoin. Now they're still manipulating it,
- 16:56Speaker 2: but the next phase is they join you. Look at
- 16:58Speaker 2: the adoption coming then institutions. I don't think that they're
- 17:02Speaker 2: going to stop us here short again. In fact, I
- 17:04Speaker 2: think what you're looking at the manipulation is more like
- 17:07Speaker 2: a let's keep it low so we can accumulate as
- 17:10Speaker 2: much as possible so that when it takes off, there's
- 17:12Speaker 2: as little retail investors still in it as possible. We've
- 17:16Speaker 2: convinced them to go other places, and then we get
- 17:19Speaker 2: to reap all the rewards of that booming bull market
- 17:22Speaker 2: when that's going to be how high it's going to
- 17:24Speaker 2: be again, That's where my video the other day is
- 17:26Speaker 2: kind of saying I'm done trying to pinpoint the top
- 17:28Speaker 2: of the bull market the same way we could pinpoint
- 17:31Speaker 2: tops in twenty twenty one or twenty seventeen or twenty thirteen.
- 17:34Speaker 2: I'm more saying the cycle change has been completed. We're
- 17:37Speaker 2: in a whole new market now. It's about watching and
- 17:40Speaker 2: saying this is the right time to buy, and this
- 17:42Speaker 2: is the right time to sell. And if you just
- 17:44Speaker 2: want to hoddle on, hoddle on and don't pay attention
- 17:46Speaker 2: to the news, just.
- 17:47Speaker 1: Hold Yeah, speaking of that, you had hyper liquid going
- 17:51Speaker 1: at being or going at binance again, there's no listening fee,
- 17:55Speaker 1: no listing department, no listing gaykeeper, spot deployment, hyper liquid permissionless.
- 18:00Speaker 1: You know, they kind of reiterating their strength right then.
- 18:04Speaker 1: You had a course cz coming right back at it,
- 18:08Speaker 1: you know, unpopular opinion post on listing fees. Saw this
- 18:11Speaker 1: a few times recently. If you're on a project complaining
- 18:13Speaker 1: about listing air drop fees, et cetera, don't play it.
- 18:16Speaker 1: If your project is strong, exchanges will race to list
- 18:18Speaker 1: your coin. So he's kind of going the whole anti
- 18:22Speaker 1: hyper liquid route here, and it seems to be a
- 18:25Speaker 1: little bit of a battle here between the two. Obviously
- 18:28Speaker 1: we know where B and B is. Now, if you
- 18:30Speaker 1: look at the chart, B and B flipped XRP over
- 18:34Speaker 1: this little move that we saw over the last ten days.
- 18:38Speaker 1: Where is B and B going from here? And I
- 18:41Speaker 1: think the guys just shouted out in the research room
- 18:45Speaker 1: that B and B might be getting listed on coinbase?
- 18:48Speaker 1: Is this true?
- 18:49Speaker 3: Guy?
- 18:49Speaker 2: From what I understand, that's official. I think that's I
- 18:51Speaker 2: think that's dead has gone. Yeah, that's accomplished. So yeah,
- 18:57Speaker 2: I mean, so let me start off by saying, with
- 18:59Speaker 2: all this stuff were talking there, of course there's that
- 19:01Speaker 2: little new coin called Aster, which is a direct competitor
- 19:04Speaker 2: that B and BE created to hype. So of course
- 19:06Speaker 2: there's going to be some chaos there. You know, when
- 19:09Speaker 2: it comes to Binance, it's one of those things. I
- 19:12Speaker 2: think I've come to a relationship with Binance and CZ
- 19:14Speaker 2: and anyone associated with it. It's it's the devil you
- 19:18Speaker 2: know is better than the devil you don't know. Okay, Right,
- 19:22Speaker 2: So there are manipulators and crazy people out there that
- 19:25Speaker 2: we have no idea who they are, their names, what
- 19:27Speaker 2: they do. We know, we know Binance, we know cz
- 19:31Speaker 2: We know their tactics. We've gotten used to them. So
- 19:34Speaker 2: when you're used to them, yeah, they're manipulating the markets.
- 19:36Speaker 2: It's pretty obvious when you look at the stock of
- 19:38Speaker 2: B and B versus the rest of the crypto space
- 19:41Speaker 2: they're doing something very fishy to make sure they win
- 19:45Speaker 2: and other things lose. But at least you know it,
- 19:48Speaker 2: at least you understand the process and the game plan.
- 19:50Speaker 2: They're not really hiding it. I mean they're not gonna
- 19:52Speaker 2: they're not going to come out and say, yeah, guys,
- 19:55Speaker 2: we're manipulating the market. But it's pretty obvious they are.
- 19:58Speaker 2: When I look at this B and B chart, This
- 20:00Speaker 2: this was my first level. Did not I think we're
- 20:02Speaker 2: gonna get here this fast you're speaking of. I just
- 20:04Speaker 2: gave a bunch of price predictions. My low level price prediction.
- 20:07Speaker 2: I gave three, you know, a while ago, I did
- 20:09Speaker 2: like worst case scenario, average scenario, and then like an
- 20:14Speaker 2: extremely bullish scenario for different coins on B and B.
- 20:17Speaker 2: My worst case scenario was twelve seventy two, give or take.
- 20:20Speaker 2: That's what we just got to here last week. I
- 20:23Speaker 2: did also have three thousands of very interesting one and
- 20:25Speaker 2: then kind of a very crazy bull run for them
- 20:28Speaker 2: fifty seven hundred. What I'm most intrigued by, though, is
- 20:32Speaker 2: this look at this movement right here compared to where
- 20:38Speaker 2: if I were to go over and take a look
- 20:40Speaker 2: at bitcoin. Just pay attention to what this chart looked
- 20:42Speaker 2: like from back in March of twenty twenty four. Nothing
- 20:46Speaker 2: like what Bitcoin looks like bullish, I mean, higher highs,
- 20:50Speaker 2: but you act to March of twenty twenty four. Very different.
- 20:53Speaker 2: Take a look at Ethereum during that time frame here
- 20:56Speaker 2: March of twenty four very different, no big dropout. Take
- 20:59Speaker 2: a look at things like slink, very very different when
- 21:02Speaker 2: you zoom in and you look at more smaller time periods.
- 21:05Speaker 2: This is the one that really gets a lot of
- 21:07Speaker 2: my attention is what's happened here the last couple of
- 21:10Speaker 2: months where Bitcoin definitely has been trading sideways. He's been
- 21:12Speaker 2: trading sideways, but B and B just continues to rip
- 21:16Speaker 2: to these new all time highs. This reminds me a
- 21:18Speaker 2: whole lot more of this chart, and of course we
- 21:20Speaker 2: talked about it earlier. That's gold. This is the gold
- 21:23Speaker 2: chart here. B and B is in a world of
- 21:25Speaker 2: its own at the moment, and there are some things
- 21:29Speaker 2: I'm watching Paul that would say, if you were trading
- 21:31Speaker 2: B and B and you want to take some profit,
- 21:34Speaker 2: I think it was a good time to take profit
- 21:35Speaker 2: last week. One of the reasons why is because you
- 21:38Speaker 2: are starting to see a little bit of the money
- 21:40Speaker 2: flow starting to round over. We're extremely high on our
- 21:43Speaker 2: osclators here, meaning we're over bought. On the daily chart.
- 21:46Speaker 2: You do get a little bit of a bubble here
- 21:48Speaker 2: that does suggest a pullback should be in order. Red reversal,
- 21:52Speaker 2: bearish divergence, barish fromentum. And then I think I've said
- 21:55Speaker 2: on the show before that whenever I see that light
- 21:57Speaker 2: green on this luxago indicator, that's except yesive buyers, when
- 22:01Speaker 2: they leave, things can drop off. Could we see bidenance.
- 22:04Speaker 2: I'm not talking about a colossal crash or anything. I'm
- 22:06Speaker 2: just saying, could we see it come back to settle
- 22:09Speaker 2: at least starting back here on one thousand and then
- 22:12Speaker 2: we get that weekly sell signal. Could this week that
- 22:15Speaker 2: we just touched there, could we actually kind of revisit
- 22:17Speaker 2: and kind of be in that range as well? Or
- 22:19Speaker 2: I'm nine hundred dollars, that's where I would be looking
- 22:21Speaker 2: a one thousand to nine hundred dollars is where I
- 22:23Speaker 2: would be looking to reaccumulate binance. By this point, I'm
- 22:28Speaker 2: still bullish overall, and I still think binance controls a
- 22:30Speaker 2: lot of keys. This would not be surprised at this
- 22:33Speaker 2: point for this prediction I made earlier to still come
- 22:35Speaker 2: true when I don't know, I'm not predicting necessarily, just
- 22:38Speaker 2: a straight run up here. There's probably going to be
- 22:41Speaker 2: some more shoppiness in here, but not gonna be surprised
- 22:44Speaker 2: whatsoever if we do see BnB get up to that
- 22:47Speaker 2: three thousand dollars prediction I made probably eight nine months ago.
- 22:51Speaker 1: All Right, so let me ask you this. Then let's
- 22:53Speaker 1: go into what you're most bullish on and we'll throw
- 22:57Speaker 1: in bitcoin and this is through the end of the year,
- 23:00Speaker 1: so bitcoin ethereum, and let's throw B and B and
- 23:04Speaker 1: XRP into the list, since that's the top four. Okay, Yeah,
- 23:07Speaker 1: of those top four, which one are you most bullish
- 23:10Speaker 1: on by end of year?
- 23:13Speaker 2: Yeah? I think each one of them has their own
- 23:15Speaker 2: case except for one, and I'll go ahead and put
- 23:18Speaker 2: one at the bottom. And I really don't like doing
- 23:21Speaker 2: this bottom because I like the coin I hold it.
- 23:24Speaker 2: I don't see a case, right, now for XRP to
- 23:27Speaker 2: be the leader of that pack, I think that they've
- 23:30Speaker 2: caught some more bad situations than good. Not saying the
- 23:34Speaker 2: coins over still the XRP as a bull run ahead
- 23:36Speaker 2: of it. I'm going to continue to hoddle mine and
- 23:38Speaker 2: trade it accordingly. But I look at the others. We
- 23:41Speaker 2: just got through it B and B is the devil.
- 23:43Speaker 2: You know, it's better than the devil. You don't know clearly.
- 23:45Speaker 2: It's a manipulated chart, but it's manipulated by some of
- 23:48Speaker 2: those powerful people in the crypto space, So how can
- 23:50Speaker 2: you bet against it? Then you of course have Bitcoin,
- 23:53Speaker 2: which is the top dog. You still have major interest
- 23:57Speaker 2: from institutions, you still have major in as this is
- 24:00Speaker 2: still digital gold, and people are watching gold at a
- 24:04Speaker 2: ridiculous all time high. It hit a level that we
- 24:06Speaker 2: predicted to get to all were about to see to
- 24:08Speaker 2: exchange flow over from gold into bitcoin. So you got
- 24:12Speaker 2: to get that one a case as well. I'm kind
- 24:13Speaker 2: of setting a stage here Ethereum though, is really hard
- 24:16Speaker 2: to root against that as being the most bullish one
- 24:18Speaker 2: because it was so stifled for most of twenty nine five,
- 24:20Speaker 2: but seems to have been unlocked here recently. You have
- 24:24Speaker 2: a lot of adoption coming in there. There were moments
- 24:26Speaker 2: last year people questioned would Ethereum be overtaken by the
- 24:29Speaker 2: likes of Ethereum and Sue and other Layer ones, And
- 24:32Speaker 2: it looks like Ethereum has kind of closed that door
- 24:34Speaker 2: saying nope, we are still king of the Layer one space.
- 24:37Speaker 2: We're the ones that every stable coin's gonna use. We're
- 24:39Speaker 2: the ones that every institution's gonna use. They seem to
- 24:42Speaker 2: be the hot kid on the block for the last
- 24:44Speaker 2: couple of weeks and months, and with us still not
- 24:47Speaker 2: really having an all coin season, I think we're still
- 24:49Speaker 2: in that phase where Ethereum is picking up traction. I
- 24:52Speaker 2: like B and B, I like XRP, I like Bitcoin.
- 24:56Speaker 2: I'm gonna say of those four, I'm most bullish on Ethereum.
- 24:59Speaker 2: I do think Ethereum still hasn't fully reaped the rewards
- 25:03Speaker 2: of what is making it special and how beloved it
- 25:06Speaker 2: is by the institutions. I could still see by the
- 25:08Speaker 2: end of year. You asked me, let's look back and
- 25:10Speaker 2: see which one I think I made most money on
- 25:13Speaker 2: with like an one thousand dollars investment. Right now, I'm
- 25:15Speaker 2: gonna go with.
- 25:16Speaker 1: Ethereum Ethereum on that, let's flip over to Solana. Okay,
- 25:20Speaker 1: they reclaimed the number one spot. This is in twenty
- 25:22Speaker 1: four DAP revenue among all chains, so they're back on
- 25:26Speaker 1: the top over hyper liquid Binance, and then of course
- 25:30Speaker 1: eth Solana's kind of in an unusual position. We saw
- 25:35Speaker 1: a dip under two hundred. I hadn't seen that range
- 25:38Speaker 1: in a while. Is this a token that you feel
- 25:40Speaker 1: like still has a lot of upside or would you
- 25:43Speaker 1: trade out of Solana and move it into Ethereum.
- 25:46Speaker 2: No, I mean, I absolutely still see upside for Solana,
- 25:49Speaker 2: and I don't know if I trade out of let
- 25:52Speaker 2: me think it. I wouldn't trade out of Solana to
- 25:54Speaker 2: go into Ethereum. And the reason why is I think
- 25:56Speaker 2: that you'll see the market cap of Ethereum grow large
- 25:58Speaker 2: in Solana. But let me make sure I'm updated on
- 26:01Speaker 2: what that looks like. Ethereum's current market cap is four
- 26:03Speaker 2: hundred and fifty two billion versus Solana, even though it's
- 26:07Speaker 2: only at number six, it's a quarter of it. It's
- 26:09Speaker 2: at one hundred and six billion, right, so let's just
- 26:12Speaker 2: say four hundred billion is added to Ethereum versus only
- 26:15Speaker 2: two hundred billion is added to Solana. That still means
- 26:19Speaker 2: I got a better return on my investment for Solana.
- 26:22Speaker 2: These are similar tools, but in some ways very very different.
- 26:26Speaker 2: It would almost be like trying to compare Lamborghini versus Chrysler.
- 26:31Speaker 2: You're serving two completely different audience bases. The type of
- 26:35Speaker 2: person that buys Lambo isn't going to buy a Chrysler,
- 26:37Speaker 2: and the type of person that buys Chrysler is not
- 26:39Speaker 2: going to buy a Lamborghini. It's the same thing with
- 26:42Speaker 2: Ethereum in Solana. Ethereum is like the institutional technology that
- 26:47Speaker 2: is complicated, it's got some barriers with fees, but institutions
- 26:52Speaker 2: want to go that direction versus Solana. It's cheap, it's fast,
- 26:54Speaker 2: it's easy, it's it's the layer one of the people
- 26:58Speaker 2: market cap. If you're if the question chose which one
- 27:00Speaker 2: will grow more in market cap, give me Ethereum. But
- 27:03Speaker 2: if you're asking which one I'll make more money on
- 27:05Speaker 2: an investment today, I'm going to stick with the lower
- 27:07Speaker 2: market cap and go with Salon.
- 27:08Speaker 1: Go with Salona. Okay, all right, let's flip over. We
- 27:11Speaker 1: got two tokens left, and then one, of course is
- 27:13Speaker 1: Suey first in history. Again, big announcement by them in
- 27:18Speaker 1: announcing Suy RBA stocks. You can go and visit a
- 27:21Speaker 1: little bit about this with stocks RBA dot Io. Reason
- 27:25Speaker 1: this is big is this going head to head with
- 27:27Speaker 1: X stocks. We have the xdox guys on this week.
- 27:30Speaker 1: This is a big deal because now it's going to
- 27:32Speaker 1: compete directly with Solana. And if you go over to
- 27:34Speaker 1: the platform, I'll go over to the platform just to
- 27:36Speaker 1: kind of show you right there as Tasla Amazon, these
- 27:39Speaker 1: are the stocks that you can get into right there.
- 27:42Speaker 1: And of course Teesla is the number one out there
- 27:45Speaker 1: on X stocks. Could it be number one over here
- 27:48Speaker 1: on stocks RBA by now? But if you look at
- 27:51Speaker 1: the sweet chart, tim because it took a beating as well,
- 27:56Speaker 1: you know, like most all coins, how would you trade
- 27:59Speaker 1: this one right now?
- 28:01Speaker 2: Yes? A good question on a macro perspective. Right now,
- 28:05Speaker 2: it did something I do not like with losing a
- 28:08Speaker 2: trend line of very strong support right here that we
- 28:10Speaker 2: had since back in March April of twenty twenty five.
- 28:16Speaker 2: Let me let me look at some things here. I
- 28:17Speaker 2: actually have not traded Suie in the last little bit.
- 28:20Speaker 2: One thing I do like is it does look at
- 28:21Speaker 2: the money flow before this big crash on the weekly
- 28:24Speaker 2: was starting to flow back in. We did have a
- 28:26Speaker 2: green reversal dot that's come in. So we're we're on
- 28:29Speaker 2: a we're on watch right now for a weekly buy signal.
- 28:33Speaker 2: I think this is also one that did touch more
- 28:35Speaker 2: recently some pretty major yeah, some pretty major weekly support.
- 28:39Speaker 2: So we were even before the crash, we told our
- 28:41Speaker 2: audience if this support level at three twenty five is lost,
- 28:45Speaker 2: we told them to look out for like two seventy
- 28:47Speaker 2: two sixty. That's pretty much exactly where we're sitting right
- 28:49Speaker 2: now on that support. The question is going to be
- 28:52Speaker 2: for me, can I start to get some buy signals
- 28:55Speaker 2: on other timeframes like the daily that's not there just yet,
- 28:58Speaker 2: the twelve hour it's all there, it's kind of there.
- 29:02Speaker 2: Let me get a daily by signal. I'll feel a
- 29:04Speaker 2: lot better better about getting towards my weekly by signal.
- 29:07Speaker 2: And then all of a sudden, what we're looking at
- 29:08Speaker 2: is price levels of four seventy to upwards of five dollars,
- 29:13Speaker 2: and I would put that as a realistic possibility by
- 29:16Speaker 2: end of year. What would that percentage be if that
- 29:18Speaker 2: were to happen? Today, we're talking about almost a doubling,
- 29:21Speaker 2: about ninety percent increase in price action could soon you
- 29:24Speaker 2: go hire absolutely by end of year. But the way
- 29:27Speaker 2: I'd be training right now on a macro perspective, DCA wise,
- 29:30Speaker 2: I'd be buying this level right here. It is some
- 29:32Speaker 2: major support. But if you're telling me, Tim, trade this,
- 29:35Speaker 2: make some leverage place here, which again, be very careful
- 29:38Speaker 2: when you do it. I'm gonna be waiting to get
- 29:40Speaker 2: some confirmation from my daily chart that we're ready to
- 29:43Speaker 2: actually start moving before I do anything crazy with leverage. Again.
- 29:46Speaker 1: There you go again, sounds like you've been doing a
- 29:50Speaker 1: little leverage place there. Tim.
- 29:52Speaker 2: You know what's crazy, Paul, I was out of every
- 29:55Speaker 2: position when that crash happened. I cannot say the same
- 29:57Speaker 2: for every person in my community, which absolutely sucked. It was.
- 30:00Speaker 2: It was gut wrenchy, it was ruthless. But this is
- 30:03Speaker 2: why I teach people in my community. It's not just
- 30:06Speaker 2: stop losses. Stop losses are the first level of defense.
- 30:09Speaker 2: When you're leverage trading, you have to have them. But
- 30:11Speaker 2: what happened on Friday, the slippage was so fast it
- 30:13Speaker 2: didn't matter if you had a stop loss or not.
- 30:15Speaker 2: It went crazy so I tell people all the time.
- 30:18Speaker 2: If that's the first layer. The other thing is, let's
- 30:21Speaker 2: pretend you have one hundred thousand dollars in crypto. Do
- 30:23Speaker 2: not put one hundred thousand dollars into one leverage position,
- 30:26Speaker 2: even if you had a stop loss. I never my
- 30:30Speaker 2: entire training account is less than thirty percent of my
- 30:33Speaker 2: entire investment, And when whenever I'm active in a trade,
- 30:36Speaker 2: I'm never more in than like fifteen to twenty percent
- 30:39Speaker 2: of my trading account. And so even if I had
- 30:41Speaker 2: been in a trade, which I wasn't and that slipage
- 30:44Speaker 2: it hit me, I would have lost at worse five
- 30:47Speaker 2: percent of my total portfolio.
- 30:50Speaker 1: So of these people are losing their entire portfolios out there,
- 30:53Speaker 1: so pretty.
- 30:53Speaker 2: Big, and it's heartbreaking. Some of the stories I read
- 30:56Speaker 2: over the weekend absolutely horrible, absolutely horrible for anyone who's
- 31:00Speaker 2: in lever trading. You got to learn that lesson moving forward.
- 31:03Speaker 1: Yeah, for sure. Last question is are you still bullsh
- 31:06Speaker 1: on Avalanche? You look at the Avalanche chart. We saw
- 31:09Speaker 1: it completely crater during this Yeah, I think we're down
- 31:13Speaker 1: to seventeen or even on coinbase. Where would you place
- 31:15Speaker 1: Avalanche right now in terms of a by signal.
- 31:19Speaker 2: Yeah, good point. Let's go take a look at that one,
- 31:21Speaker 2: because there's another one that I bought dips. You know,
- 31:23Speaker 2: I bought avax back down here on the way back
- 31:26Speaker 2: up on certain exchanges. I was able to get it
- 31:27Speaker 2: back here at fourteen dollars. Where are we sitting right now.
- 31:31Speaker 2: Let's take a look here, kind of similar to other things.
- 31:34Speaker 2: You do have some bottomy signals. You do have some
- 31:36Speaker 2: major support that was touched on longer time frames. We
- 31:39Speaker 2: look at the weekly chart here really quickly. Yeah, we
- 31:42Speaker 2: came down hit some pretty major support there. The question
- 31:45Speaker 2: is going to be do we get the buy signals here?
- 31:47Speaker 2: You're not seeing the weekly chart give us confirmed by signals.
- 31:50Speaker 2: You do actually have still a positive money flow, but
- 31:52Speaker 2: at this point I want to see the momentum turnback green.
- 31:56Speaker 2: With that said, I do think there we have a
- 31:58Speaker 2: good case go bullish. I would be surprised though we
- 32:02Speaker 2: don't come back down a little bit on all cryptocurrencies here,
- 32:05Speaker 2: something we didn't talk about earlier. Bitcoin right now has
- 32:08Speaker 2: a little concern for me, and I think crypto until
- 32:10Speaker 2: until we see bitcoin dominance plummet, all coins are going
- 32:13Speaker 2: to follow Bitcoin pretty pretty closely. Right now one ten,
- 32:17Speaker 2: and you can see we bounced off earlier. Today one
- 32:20Speaker 2: ten is a very interesting and dangerous position to watch
- 32:23Speaker 2: because it's either amazing support that we were able to
- 32:27Speaker 2: bounce off and read reignite a bull run, or if
- 32:30Speaker 2: we lose it, this head and shoulders pattern suggests one
- 32:34Speaker 2: oh four is back in the cards. That's actually lower
- 32:36Speaker 2: than where we were the other day, and even worse
- 32:38Speaker 2: when you start to go out towards longer time frames.
- 32:41Speaker 2: Let me make sure I look at the right one here.
- 32:43Speaker 2: I think it's gonna be other the weekly chart, Actually,
- 32:45Speaker 2: excuse me, weekly chart. Weeks ago, we had cell signals
- 32:49Speaker 2: and we thought maybe they were canceled out, But at
- 32:51Speaker 2: the moment, with us being a spot of volatility and
- 32:54Speaker 2: anything's possible, there's still a cell signal on the weekly
- 32:57Speaker 2: chart with a target right now of one hundred thousand
- 32:59Speaker 2: dollars for bitcoin. Why am I bringing that up as
- 33:02Speaker 2: we're talking about AVAX, because ultimately, again, unless Avax, unless
- 33:06Speaker 2: all coins breakaway from Bitcoin and the bitcoin dominance plummets
- 33:10Speaker 2: back to like fifty five percent, you don't see these
- 33:14Speaker 2: coins slipping and getting away from there. So I'm still
- 33:17Speaker 2: on a watcher there. I don't know if I'm gonna
- 33:18Speaker 2: go all the way down there. I think fourteen to
- 33:20Speaker 2: fifteen dollars is still a potential target here for Avax,
- 33:24Speaker 2: despite the fact that we did have a good run.
- 33:27Speaker 2: We had a good trade here earlier we talked about
- 33:28Speaker 2: on your show. But right now there is a massive
- 33:31Speaker 2: transferring of wealth. Retail is scared, institutions want to buy
- 33:35Speaker 2: cheap for the next big bull run. Fundamentally, though nothing's
- 33:39Speaker 2: changed about Avax, They're still doing their thing. They're still
- 33:42Speaker 2: a great institutionally friendly layer one solution that has that
- 33:46Speaker 2: real asset kick to it as well. I'm still bullsh
- 33:49Speaker 2: on Avax. The question is where do I buy? How
- 33:51Speaker 2: low can we get?
- 33:52Speaker 1: Yeah, I was listening to Ben Collen the other day
- 33:54Speaker 1: and he was talking about this. I think it was
- 33:57Speaker 1: the fifty week moving average that he was kind of
- 33:59Speaker 1: pointing in Zoni in on. It was around one hundred
- 34:01Speaker 1: to one oh two, and his concern was if we
- 34:04Speaker 1: lost that that essentially we would be entering the bear market.
- 34:09Speaker 1: That is his thesis. Would you agree with that if
- 34:12Speaker 1: bitcoin does lose that moving average, that we'd start to
- 34:15Speaker 1: enter the bear market.
- 34:18Speaker 2: That's a very hard question. Still as a start off,
- 34:21Speaker 2: the analysis I did says that that's the support level.
- 34:24Speaker 2: So I don't think we will lose that whatsoever. As
- 34:27Speaker 2: far as what I think if we were to lose
- 34:29Speaker 2: it and we dropped below it, you haven't quite If
- 34:32Speaker 2: I show my screen, if we lose one hundred thousand
- 34:35Speaker 2: and we come down into the nineties, you haven't broken
- 34:39Speaker 2: the clear bullish structure of higher highs and higher lows, right,
- 34:42Speaker 2: So the structure gets broken if we drop below seventy
- 34:46Speaker 2: four thousand dollars. Now, of course, if you wait to
- 34:50Speaker 2: say we're to bear market un till we hit seventy
- 34:52Speaker 2: four thousand dollars, you've waited a pretty long time, and
- 34:54Speaker 2: you've missed out of a great opportunity to take profit.
- 34:58Speaker 2: I don't really want to say we're sure. Yes, I
- 35:01Speaker 2: do think that would be problematic to lose one hundred
- 35:04Speaker 2: thousand dollars. I do think it would cause some bigger questions.
- 35:07Speaker 2: But I go back to kind of what I've said
- 35:09Speaker 2: in the past, and it's this is clearly a different
- 35:12Speaker 2: market than we're used to. It's not the four year
- 35:14Speaker 2: cycle we're used to. The driver is no longer large
- 35:17Speaker 2: retail whales that have millions of dollars worth of crypto.
- 35:21Speaker 2: Now it's gonna be the institutions that are playing with billions,
- 35:24Speaker 2: some of them even trillions of dollars worth of assets
- 35:26Speaker 2: to play with. It's really gonna be on them and
- 35:30Speaker 2: what I'm seeing the news right now, there's so much
- 35:32Speaker 2: reason for them to accumulate low, not sell off low.
- 35:36Speaker 2: Come back to me, if we hit one fifty and
- 35:39Speaker 2: retail's going berserk and everything's bullish, could we see an
- 35:41Speaker 2: early top and that'd be the top of a bull market.
- 35:44Speaker 2: I'm willing to have that conversation. Okay, all right to me,
- 35:47Speaker 2: I think we're a manipular play. We're gonna have another
- 35:49Speaker 2: leg up, all right.
- 35:50Speaker 1: I like it, Tim, We're gonna get you back in.
- 35:52Speaker 1: Of course, we're tracking this very closely because obviously the
- 35:54Speaker 1: market's being so volatile right now a lot of people
- 35:57Speaker 1: trying to figure out if this is still a bullish
- 35:59Speaker 1: trend or not. Wall Street is playing this in a
- 36:01Speaker 1: lot of different ways. Make sure and check out Tim's
- 36:04Speaker 1: channel over there again. Tim Warren trades right there on YouTube.
- 36:09Speaker 1: Check him out. Tell him we sent you, Tim. Thanks
- 36:11Speaker 1: for coming in today. Appreciate it absolutely. Thanks for having
- 36:14Speaker 1: me Paul. You bet are you Guys? Get in on
- 36:16Speaker 1: our group, which is the Diamond Circle. This is where
- 36:18Speaker 1: I put out a weekly email. We also give you
- 36:21Speaker 1: access to some additional tool sets that you guys can
- 36:24Speaker 1: use to kind of navigate this. But the biggest one
- 36:26Speaker 1: is really where I see the market going in terms
- 36:28Speaker 1: of some of the trades, but also some of the
- 36:31Speaker 1: macro indicators that are really starting to push into longer
- 36:34Speaker 1: term vision of how you should be looking at these markets.
- 36:37Speaker 1: So check it out. Link is always down in the
- 36:40Speaker 1: description and hit me out there on X at Paul Baron.
- 36:43Speaker 1: We'll catch you next time right here on the Paul
- 36:45Speaker 1: Baron Show.