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Bitcoin Surges on Government Shutdown🚀 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Bitcoin is surging on this shutdown. We're going to go
• 0:02
  Speaker 1: into where the market goes from here. Welcome back into
• 0:05
  Speaker 1: the show. Let's get started today. I want to thank
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• 0:59
  Speaker 1: So let's ump into our first point right here, and
• 1:02
  Speaker 1: this is when the government will shut down will end
• 1:05
  Speaker 1: right now. Polymarket is pushing for around October fifteenth or later.
• 1:09
  Speaker 1: At thirty nine percent right now, this could elevate even longer, guys,
• 1:13
  Speaker 1: So I'm kind of curious if you think we're going
• 1:15
  Speaker 1: to see a long term government shutdown of thirty five days.
• 1:18
  Speaker 1: Remember that was the last one. Let me know in
• 1:20
  Speaker 1: the comments down below. One other point I want to
• 1:23
  Speaker 1: hit at right here is the Republicans were an absolute
• 1:26
  Speaker 1: no show. As you can kind of see the chamber
• 1:28
  Speaker 1: right there, full house attendance of House Democrats right there.
• 1:32
  Speaker 1: It looks to be one loan Republican. I'm not sure
• 1:35
  Speaker 1: who that is. It might be Warren Davidson, but interesting
• 1:38
  Speaker 1: that the Republicans have no interest in being able to
• 1:41
  Speaker 1: negotiate this out. And of course the Democrats are out
• 1:43
  Speaker 1: there pushing for this. So we'll see how this plays out. Again.
• 1:46
  Speaker 1: I don't know if this is going to push us
• 1:47
  Speaker 1: into a longer term government shutdown, but the market seems
• 1:52
  Speaker 1: like it has got a strategy of how to play it.
• 1:56
  Speaker 1: Watch this clip thot one yesterday we saw all of
• 1:59
  Speaker 1: the eqs hitting the equities in averages hitting all time
• 2:03
  Speaker 1: highs despite this government shutdown. What does that tell you?
• 2:07
  Speaker 2: Yeah, I guess, Becky, the question is is it despite
• 2:09
  Speaker 2: the government shutdown or is it in part because everybody
• 2:13
  Speaker 2: knows the history of government shutdowns when it comes to
• 2:15
  Speaker 2: the market, and there has tended not to be that
• 2:18
  Speaker 2: much of an impact on balance. In fact, the market
• 2:21
  Speaker 2: has done okay during the duration of the shutdowns, although
• 2:25
  Speaker 2: there is a little bit of an asterisk there, which
• 2:26
  Speaker 2: is typically the market has declined on average into the
• 2:30
  Speaker 2: moment the government shut down a little bit. This time,
• 2:32
  Speaker 2: we didn't do that. We're at all time highs. I
• 2:35
  Speaker 2: think we're seizing on the same sources of upside strength,
• 2:38
  Speaker 2: which is obviously the AI excitement that's got semiconductors going
• 2:42
  Speaker 2: wild global rallies in all markets. By the way, you
• 2:45
  Speaker 2: look at Korea, look at the rest of the world,
• 2:47
  Speaker 2: and then just the general certainty about where interest rates are,
• 2:51
  Speaker 2: where they're likely headed. And I guess a little bit
• 2:54
  Speaker 2: of a faith that this soft patch that we're seeing
• 2:57
  Speaker 2: in the labor market data and some of the consumer
• 2:59
  Speaker 2: stocks is not telling us that a broader downturn is coming.
• 3:02
  Speaker 2: So I think you put all that together and the
• 3:04
  Speaker 2: market said new quarter, same story.
• 3:07
  Speaker 1: New quarter, same story. He did mention some stuff there
• 3:10
  Speaker 1: on jobs. Before I jump to that, just take a
• 3:13
  Speaker 1: look at bitcoin. I mean, we're of course edging over
• 3:15
  Speaker 1: one hundred and twenty k here as we record this,
• 3:18
  Speaker 1: Bitcoin holding up somewhat consistent here going into a new
• 3:22
  Speaker 1: order block. I'm anticipating we are going to see an
• 3:25
  Speaker 1: all time high for bitcoin here in October. The real
• 3:28
  Speaker 1: question is is to what extent. We'll cover more on
• 3:30
  Speaker 1: that in a second. Other thing I want to showcase
• 3:32
  Speaker 1: because he hit on that, and that is if you
• 3:34
  Speaker 1: look at the S and P five hundred right now
• 3:36
  Speaker 1: edging out at sixty seven hundred, over sixty seven hundred,
• 3:39
  Speaker 1: as we record another all time high, as we continue
• 3:42
  Speaker 1: to break these over the last several months. So this
• 3:46
  Speaker 1: is to the point is that right now Wall Street
• 3:49
  Speaker 1: is not shaken by this shutdown at all. Now, the
• 3:52
  Speaker 1: real question would be do jobs get impacted, because this
• 3:55
  Speaker 1: will have a large impact on government jobs, a lot
• 3:59
  Speaker 1: of jobs that correlate to that industry, meaning they are
• 4:02
  Speaker 1: servicing the industry meaning the government industry, as well as
• 4:07
  Speaker 1: the impact on the economic structure that We're already seeing
• 4:11
  Speaker 1: where jobs numbers are not necessarily going to be reported,
• 4:13
  Speaker 1: So it's going to be kind of flying blind here
• 4:15
  Speaker 1: for a little while. I want to go to a
• 4:17
  Speaker 1: clip right here that kind of gets into that. Take
• 4:19
  Speaker 1: a look, what do we.
• 4:21
  Speaker 3: Do with a FED that is hyper data dependent when
• 4:23
  Speaker 3: they don't have data? What do we do in an
• 4:26
  Speaker 3: economy where you're increasingly reliant on policies coming out of Washington,
• 4:30
  Speaker 3: and Washington's increasingly acrimodious. And the big number in our
• 4:33
  Speaker 3: mind is October seventeenth, that's the reference week four jobs.
• 4:37
  Speaker 3: So if this extends beyond October seventeenth, you will see
• 4:40
  Speaker 3: a big impact to the October unemployment rate. Could be
• 4:43
  Speaker 3: as high as four point eight percent, but it's a blip, Becky.
• 4:45
  Speaker 3: Then we're going to get back down to the low
• 4:47
  Speaker 3: unemployment rate environment. This is all going to create some
• 4:50
  Speaker 3: waves for the economy, and it depends really how long
• 4:53
  Speaker 3: it lasts. We're talking about areas that service those fur
• 4:56
  Speaker 3: load workers do they make big decision makers, And at
• 4:59
  Speaker 3: the end of the day, when you're in these periods
• 5:00
  Speaker 3: of heightened uncertainty, we don't anticipate the businesses are going
• 5:03
  Speaker 3: to take big risks. They're not going to know exactly
• 5:05
  Speaker 3: what the policies coming out of Washington are going to
• 5:07
  Speaker 3: look like. So it's really difficult to drum up business confidence.
• 5:11
  Speaker 3: That's harder for economists to measure. But we know it matters,
• 5:13
  Speaker 3: and we know it filters through into the real economy
• 5:16
  Speaker 3: in ways that actually end up being permanent losses.
• 5:18
  Speaker 4: To the economy.
• 5:19
  Speaker 1: Yeah, and I'm in agreement with that. We were on
• 5:22
  Speaker 1: I was on a roundtable webinar this morning and there
• 5:25
  Speaker 1: were twenty five CEOs of a certain industry that were
• 5:29
  Speaker 1: on that round table, and they all had that very
• 5:32
  Speaker 1: same sentiment, is that they've froze hiring and they're starting
• 5:36
  Speaker 1: to reconsider many positions that are within the organization, either
• 5:40
  Speaker 1: for the initialization of AI or even looking at maybe
• 5:45
  Speaker 1: they just over hired in the past. So this could
• 5:48
  Speaker 1: be a long lasting impact. And the reason it's being
• 5:51
  Speaker 1: triggered part of it, in fact, is what's happening in
• 5:54
  Speaker 1: the Trump administration obviously with the shutdown. So I think
• 5:57
  Speaker 1: right now the Republicans need to get to work to
• 6:00
  Speaker 1: come to some sort of agreement get this done, because
• 6:02
  Speaker 1: there are implications that could really roll this out into
• 6:05
  Speaker 1: a much more destructive impairment on what we're going to
• 6:11
  Speaker 1: see in terms of the economy as a whole. Here
• 6:13
  Speaker 1: was another one that because timing here is going to
• 6:16
  Speaker 1: be very important, and this was CNBC talking about the
• 6:19
  Speaker 1: shutting and whether or not it would last longer. Take
• 6:21
  Speaker 1: a look. Sounds like you think this one shutdown, I mean,
• 6:24
  Speaker 1: could last longer than the one in eighteen.
• 6:27
  Speaker 4: Yeah, but it really doesn't matter, Carl.
• 6:29
  Speaker 5: You go back and you look at the one in
• 6:30
  Speaker 5: eighteen and during the entire tenure of that shutdown, as
• 6:34
  Speaker 5: I wrote about, the SMP was up ten percent. So
• 6:38
  Speaker 5: I think everybody knows this is going to get ultimately resolved.
• 6:41
  Speaker 5: I don't think there's anybody who thinks the government's too small,
• 6:45
  Speaker 5: and so I think people are going to go and
• 6:47
  Speaker 5: focus on more important things to some degree, and hate
• 6:51
  Speaker 5: to put it like that, but they're going to focus
• 6:53
  Speaker 5: on Q two earnings or something q Q three earnings
• 6:56
  Speaker 5: that are about to start to get reported soon. They're
• 6:59
  Speaker 5: going to focus on what's going.
• 7:01
  Speaker 4: On with the AI trade.
• 7:03
  Speaker 5: And then they're going to focus on the most important,
• 7:05
  Speaker 5: arguably unfortunately, which is rate cuts, which has been kind
• 7:09
  Speaker 5: of the stimulus.
• 7:10
  Speaker 4: You could argue since COVID and if you want to
• 7:11
  Speaker 4: go all the way back.
• 7:12
  Speaker 5: Since Leman, and you're going to get a rate cut
• 7:14
  Speaker 5: on October twenty ninth, and another one probably on December tenth.
• 7:19
  Speaker 5: And that's just going to keep this irrational exuberance alive
• 7:22
  Speaker 5: until the rate cut stop, and which point we'll have
• 7:25
  Speaker 5: to deal with reality again.
• 7:26
  Speaker 4: But right now, enjoy the ride. I think it's going
• 7:28
  Speaker 4: to be great.
• 7:30
  Speaker 1: All right, So enjoying the ride. I want to go
• 7:31
  Speaker 1: to the next clip because it kind of extends this
• 7:34
  Speaker 1: topic further out of how much of an impact this
• 7:37
  Speaker 1: is going to have with the market, and then I
• 7:38
  Speaker 1: want to come back to that after that clip and
• 7:40
  Speaker 1: give you guys some insights on where this job impact
• 7:42
  Speaker 1: could happen. Take a look.
• 7:45
  Speaker 5: But you call it irrational, yeah, I mean because think
• 7:48
  Speaker 5: about it this way, right, we have a history of
• 7:50
  Speaker 5: this in the late nineteen nineties. Every Internet company is
• 7:54
  Speaker 5: going to win. Now think about where we are today.
• 7:57
  Speaker 5: How many won in search you got Google?
• 8:01
  Speaker 4: How many one? In social media you really only had
• 8:03
  Speaker 4: one you got Meta? How many is one? In e commerce?
• 8:06
  Speaker 4: You got one that's Amazon.
• 8:08
  Speaker 5: Now if you look at the AI space, people think
• 8:10
  Speaker 5: everybody's gonna win everybody's.
• 8:12
  Speaker 4: Gonna be worth the trillion dollars.
• 8:14
  Speaker 5: But in the near term, when you've got raycuts, when
• 8:17
  Speaker 5: you've got animal spirits, people want to believe. Until people
• 8:20
  Speaker 5: start to deal with that, the market, much like in
• 8:24
  Speaker 5: late ninety ninety nine to two thousand, I think, keeps
• 8:27
  Speaker 5: going higher fueled by raycuts.
• 8:30
  Speaker 1: All right, So to his point, what he's getting at
• 8:33
  Speaker 1: is the Dabam era, and there was a lot of
• 8:35
  Speaker 1: irrational exuberance in Silicon Valley. We saw multi trillions run up.
• 8:40
  Speaker 1: Most of that was private equity and also structure capital
• 8:43
  Speaker 1: when you look at the VC side of things of
• 8:45
  Speaker 1: how that was fueled. But I think this size is
• 8:47
  Speaker 1: a little bit different. The other thing that we didn't
• 8:49
  Speaker 1: have at that period of time was this complete decentralization
• 8:53
  Speaker 1: and democratization of the Internet because the Internet was barely born.
• 8:57
  Speaker 1: So I think this time around, there's going to be
• 8:59
  Speaker 1: a lot of other capital markets that will start to move.
• 9:02
  Speaker 1: Token is stocks will play into this, We'll look at
• 9:05
  Speaker 1: digital assets and digital currencies playing into this. All of that,
• 9:09
  Speaker 1: along with RWA all move in the right direction. This
• 9:11
  Speaker 1: is good for markets, but the problem is this job issue.
• 9:16
  Speaker 1: If we continue to see the pressure on that, and
• 9:18
  Speaker 1: I think I'm going to make a prediction here. You're
• 9:20
  Speaker 1: going to see some companies announce major AI in interventions
• 9:26
  Speaker 1: in how they're hiring and what they're hiring for. I'm
• 9:29
  Speaker 1: going to guess that that's going to come out of
• 9:30
  Speaker 1: the Q four earnings calls, and you're going to start
• 9:33
  Speaker 1: to see that's the extended impact. This could actually be
• 9:36
  Speaker 1: a catalyst for all of that going forward. The other
• 9:39
  Speaker 1: thing it's a catalyst is for is bitcoin hitting one
• 9:42
  Speaker 1: hundred and twenty K breakout is going to lead to
• 9:44
  Speaker 1: possibly a very quick move to above one point fifty.
• 9:48
  Speaker 1: This is another analyst calling for that, and I think
• 9:51
  Speaker 1: you've got to look at that. At rows six percent
• 9:53
  Speaker 1: in the last week, recovered off obviously from above now
• 9:56
  Speaker 1: above one hundred and eighteen K for the first time
• 9:59
  Speaker 1: since August, it's already started to move somewhat in motion
• 10:03
  Speaker 1: to recapture an all time high. Here's my point. If
• 10:06
  Speaker 1: we do see an all time high in bitcoin in October,
• 10:10
  Speaker 1: the real question is does November, especially around end of October,
• 10:15
  Speaker 1: because you got to remember the federal cut is going
• 10:16
  Speaker 1: to happen end of October. What is November going to
• 10:19
  Speaker 1: look like? For the markets. Remember last cycle we saw,
• 10:24
  Speaker 1: November was the actual run up month for this, you know,
• 10:28
  Speaker 1: parabolic move on many of the markets, So is that
• 10:30
  Speaker 1: the time to be watching for here his conservative outlook
• 10:36
  Speaker 1: to some other analysts who project around two hundred K.
• 10:38
  Speaker 1: This is like you know, Tom Lee who's call for
• 10:40
  Speaker 1: two hundred K. Edward also predicted just over fifty percent
• 10:43
  Speaker 1: chance of three positive upward months, which would be interesting.
• 10:47
  Speaker 1: A fifty percent chance still very high. He said, the
• 10:50
  Speaker 1: four year cycle remains relevant, but maybe self fulfilling right there.
• 10:54
  Speaker 1: And of course, at the end of the day, driving
• 10:56
  Speaker 1: force is the institutional buying number one. If that pivots down,
• 10:59
  Speaker 1: then that would be off market there. If you look
• 11:02
  Speaker 1: at the history of October almost always up in the green,
• 11:06
  Speaker 1: November very healthy and to a certain extent, December kind
• 11:10
  Speaker 1: of half and half, I guess to an extent, but
• 11:13
  Speaker 1: this may change as we start to see institutional capital
• 11:16
  Speaker 1: cycle through. And remember you still have market structure coming
• 11:19
  Speaker 1: in toward the end of the year, which again would
• 11:21
  Speaker 1: be another catalyst for a move. Other things that are
• 11:25
  Speaker 1: happening city of course, predicting bitcoin concerns to one eighty
• 11:28
  Speaker 1: one within the next twelve kind of soft prediction there,
• 11:31
  Speaker 1: but that's still is very aggressive considering this is a
• 11:34
  Speaker 1: lot of retail that would be looking at those kind
• 11:37
  Speaker 1: of numbers and coin base bitcoin loans could hit one
• 11:39
  Speaker 1: hundred billion. I think this is way under reported by
• 11:42
  Speaker 1: twenty thirty based on the uptake and the lack of
• 11:46
  Speaker 1: the fact that we have not seen massive traditional capital
• 11:50
  Speaker 1: and or traditional investors that are spending money out there
• 11:53
  Speaker 1: on securities, gold and other assets that now realize they
• 11:57
  Speaker 1: can take loans on digital assets. That's a market that
• 12:00
  Speaker 1: is still untapped and undelivered, so I'm anticipating that's gonna
• 12:04
  Speaker 1: be much higher. Other thing we're watching right now that's
• 12:07
  Speaker 1: witnessing history is stock market futures are green again with
• 12:11
  Speaker 1: the S and P five hundred now thirty plus thirty
• 12:13
  Speaker 1: nine percent since it's April twenty twenty five low and
• 12:17
  Speaker 1: if you look at the government shut down again just
• 12:18
  Speaker 1: an how you know a day ago, this in P
• 12:20
  Speaker 1: five hundred now pushing further into record territory, So it
• 12:24
  Speaker 1: doesn't seem like there's any pullback. Bitcoin has not hit
• 12:27
  Speaker 1: an all time high, gold has, and silver is trying
• 12:31
  Speaker 1: to break through. There are so many big indicators here
• 12:36
  Speaker 1: that we could see happen in the Q four of
• 12:40
  Speaker 1: this cycle. Is this the end of this bull run
• 12:44
  Speaker 1: in Q four? Let me know in the comments down below.
• 12:47
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• 13:00
  Speaker 1: and I send you guys an email every week. Sometimes
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  Speaker 1: I'll even give you my picks of what I'm looking
• 13:05
  Speaker 1: at and the reasons why. So make sure and joined
• 13:08
  Speaker 1: down below. Looking at silver prices have never ended this higher,
• 13:12
  Speaker 1: this high after what we've seen right now, which was
• 13:15
  Speaker 1: a daily RSI on silver officially exceeded eighty two first
• 13:19
  Speaker 1: time in twenty twenty. Since twenty twenty, and it's only
• 13:22
  Speaker 1: happened five times since eighty seven, So could silver be
• 13:25
  Speaker 1: in a very interesting spot? Go watch my interview with
• 13:28
  Speaker 1: Andy Sheckman. It was about two or three weeks ago,
• 13:32
  Speaker 1: and it was talking about silver and why we thought
• 13:34
  Speaker 1: it was going to do a massive breakout, and here
• 13:36
  Speaker 1: over the last three weeks it has done that, and
• 13:39
  Speaker 1: I don't think it's done yet, so be on the
• 13:40
  Speaker 1: lookout for that. But that video will give you a
• 13:43
  Speaker 1: lot of understanding of where silver is going. Silver is relentless.
• 13:46
  Speaker 1: If you think you're late, you're wrong. We didn't even
• 13:49
  Speaker 1: get started. This is the bounce we're probably going to
• 13:51
  Speaker 1: look at right now as silver starts to come back
• 13:54
  Speaker 1: off the top. I'll show you a chart of that
• 13:55
  Speaker 1: here in a second. Another thing I want to hit
• 13:58
  Speaker 1: on was the Ethereum price analyte ETH outperforming a Bitcoin
• 14:01
  Speaker 1: in October. Everybody's been saying this, show me the money,
• 14:04
  Speaker 1: is what I'm saying, show me the money. I don't
• 14:07
  Speaker 1: know if ETH can do it. We still have a
• 14:10
  Speaker 1: lot of downward pressure and selling pressure into ethereum, and
• 14:14
  Speaker 1: there are places that is driving that. You guys know
• 14:16
  Speaker 1: who I'm talking about when it gets into that. But
• 14:19
  Speaker 1: right here, Ethereum may soon lead the market. Once Bitcoin's
• 14:22
  Speaker 1: current bounce slows down, it doesn't look like it's slowing down.
• 14:25
  Speaker 1: The sequence could unfold with Bitcoin make its first short
• 14:28
  Speaker 1: term rally followed by a pullback. I don't know. This
• 14:31
  Speaker 1: is a lot of hopium I think for Eth right now,
• 14:33
  Speaker 1: even though I think Ether will maybe get its all
• 14:35
  Speaker 1: time high. But do we get a performance. Remember, this
• 14:40
  Speaker 1: is the all time high that we're still trying to
• 14:42
  Speaker 1: outdo since really the most recent one that just barely
• 14:46
  Speaker 1: beat the previous cycle high. So if ETH is going
• 14:50
  Speaker 1: to do it, it's going to have to happen pretty quickly.
• 14:54
  Speaker 1: Other things, you got to look at ETHTF spot about
• 14:57
  Speaker 1: nineteen thousand this and this is to me is a
• 15:00
  Speaker 1: little bit of a worrisome situation because there's so much
• 15:04
  Speaker 1: good news here for etherorum, but yet we're not necessarily
• 15:07
  Speaker 1: seeing it on the charts. Granted, it is well over
• 15:10
  Speaker 1: four K right now, so I get that, Paul, Yeah,
• 15:12
  Speaker 1: what do you want? EITH is performing just fine. I
• 15:15
  Speaker 1: understand that. But with the digital asset treasuries, they continue
• 15:18
  Speaker 1: to push at it, and the front man, Tom Lee,
• 15:20
  Speaker 1: out there pushing like crazy. You just can't go past this.
• 15:24
  Speaker 1: I mean, Tom Lee's out there pushing for a twelve
• 15:26
  Speaker 1: to fifteen K by year end. If this hits, this
• 15:32
  Speaker 1: would be one of the biggest calls I think maybe
• 15:34
  Speaker 1: in the history of Wall Street. If that actually hits,
• 15:37
  Speaker 1: So mark this video right now here we are October two.
• 15:42
  Speaker 1: Fifteen K by year end on ETH would make Tom
• 15:44
  Speaker 1: Lee the best investor in the history of mankind that
• 15:50
  Speaker 1: would be the case. Matthew Siegel, though, says the CME
• 15:54
  Speaker 1: is going to get ready to offer a three sixty
• 15:56
  Speaker 1: five twenty four to seven because they got embarrassed the
• 15:58
  Speaker 1: other day against Shane and Copeland and mister Duffy, I
• 16:02
  Speaker 1: think finally said hey, yeah, we got to do something
• 16:03
  Speaker 1: about these kids. They're running circles around us. Well, that
• 16:06
  Speaker 1: was what happened right there. And they're going to offer
• 16:09
  Speaker 1: around the clock trading for cryptocurrency futures and options, all
• 16:13
  Speaker 1: coming in right off the presses in Chicago. So the
• 16:16
  Speaker 1: Chicago boys are getting out there and learning their skills.
• 16:20
  Speaker 1: Maybe we'll make a different Other news that is hitting
• 16:23
  Speaker 1: is Swift announced their new blockchain based ledger. This is
• 16:26
  Speaker 1: happening with thirty banks SEBOS. At the SEBOS event here
• 16:31
  Speaker 1: was Javier Tasso, who is the Swift CEO, talking about
• 16:35
  Speaker 1: it and he actually showed a demo of this whole
• 16:39
  Speaker 1: model on twenty four to seven. Cross border payments happening
• 16:42
  Speaker 1: through Swift, and of course the partnership with Lenia. If
• 16:45
  Speaker 1: you look at the banks that they're collaborating with, thirty
• 16:48
  Speaker 1: leading banks. Let me kind of zoom in on that
• 16:50
  Speaker 1: for you, guys. You can see the entire list there
• 16:53
  Speaker 1: and this may be the end of the theory that
• 16:55
  Speaker 1: XRP been working with Swift And does that mean that
• 16:59
  Speaker 1: XRP goes head to head with him? Maybe Brad garling
• 17:02
  Speaker 1: House is planning to do that all along. We'll see
• 17:04
  Speaker 1: plays out. Let's go over to the charts real quick
• 17:07
  Speaker 1: and take a look at bitcoin as it continues on
• 17:10
  Speaker 1: its second major candle day, edging over one hundred and
• 17:14
  Speaker 1: twenty k right now. The question is do we start
• 17:17
  Speaker 1: to see this start to get back to this near
• 17:19
  Speaker 1: all time high at one twenty three to five. I
• 17:23
  Speaker 1: think we're close, guys. I think October is going to
• 17:25
  Speaker 1: be the one. And we talked about this yesterday on
• 17:27
  Speaker 1: the show. I was talking with an analyst and his
• 17:31
  Speaker 1: call was an all time high four bitcoin in October
• 17:35
  Speaker 1: of one forty Do we see above that one p
• 17:38
  Speaker 1: fifty range in a near term as we lead in
• 17:42
  Speaker 1: to the FED giving us another quarter basis point at
• 17:46
  Speaker 1: the end of October. Let me know what you guys
• 17:48
  Speaker 1: think down in the comments. But let's take a look
• 17:50
  Speaker 1: at ethereum ethereum. Let's go there, and of course it's
• 17:54
  Speaker 1: had a fairly decent upward trend. Let me see what
• 17:56
  Speaker 1: that move has been from that dip that we saw
• 17:59
  Speaker 1: around thirty eight hundred, nice little fifteen percent move. So
• 18:02
  Speaker 1: if you were buying the dip at thirty eight hundred,
• 18:05
  Speaker 1: kudos to you guys. You were in and looking good.
• 18:08
  Speaker 1: We saw the climb after tariff day two point zero,
• 18:11
  Speaker 1: remember that and the FOMC meeting and where we have
• 18:15
  Speaker 1: kind of come from since back in August. And then
• 18:18
  Speaker 1: of course let's take a look at XRP holding her
• 18:21
  Speaker 1: out right now, a back above three bucks and looks
• 18:24
  Speaker 1: like it could go into that zone of around three
• 18:26
  Speaker 1: ten to three point fifty. There's a couple analysts out
• 18:29
  Speaker 1: there on the XRP side calling for an all time
• 18:31
  Speaker 1: high also in XRP above four dollars in October. So
• 18:36
  Speaker 1: if that happens, the XRP community will be hugely happy
• 18:39
  Speaker 1: with that. Solana is starting to come back after its
• 18:42
  Speaker 1: dip which went down to one ninety two, and this
• 18:46
  Speaker 1: was the place where I think everybody that was watching
• 18:49
  Speaker 1: us was saying, this is an opportunity. We may not
• 18:51
  Speaker 1: see Slana under two hundred again. And here we go
• 18:55
  Speaker 1: at two thirty Solana ripping back up to the top.
• 18:58
  Speaker 1: Avalanche all well, so starting to make its way, but
• 19:02
  Speaker 1: a little bit more of a drudge coming off of
• 19:06
  Speaker 1: that dip that it had, which was right around twenty
• 19:08
  Speaker 1: seven bucks, holding right now on a red day at
• 19:11
  Speaker 1: around thirty bucks. So there's a lot of movement in
• 19:13
  Speaker 1: the market, guys. And let me know the tokens that
• 19:17
  Speaker 1: you guys want us to cover here in the comments
• 19:19
  Speaker 1: down below. We try to get to as many as
• 19:22
  Speaker 1: we can. I know some of you guys will. We'll
• 19:23
  Speaker 1: throw out all sorts of projects. Not everyone can we cover,
• 19:27
  Speaker 1: but we try to get to as many as we can. Anyway,
• 19:30
  Speaker 1: do that, and of course jump into the diamond circle.
• 19:33
  Speaker 1: Do that. It's free, and of course follow me out
• 19:35
  Speaker 1: there on X at Paul Baron. We'll catch you next
• 19:37
  Speaker 1: time right here on The Paul Baron Show.