Latest / The Paul Barron Crypto Show / Sell Bitcoin For Ethereum Now?📉w/ Erik Crown

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Sell Bitcoin For Ethereum Now?📉w/ Erik Crown · The Paul Barron Crypto Show

0:00
Speaker 1: Is it time to sell your bitcoin for ethereum or
0:03
Speaker 1: maybe there's another trade today, we're going to break it
0:05
Speaker 1: down for you. We've got an excellent interview that's going
0:08
Speaker 1: to I think you guys are gonna love this one.
0:09
Speaker 1: But anyway, my name is Paul Barren. Welcome back into
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1:05
Speaker 1: the channel. Let's get into it today with Eric Crown.
1:08
Speaker 1: You guys have seen him on the YouTube's out there
1:12
Speaker 1: known as ec Crown or K with a k over
1:16
Speaker 1: on YouTube. Make sure and visit his channel right there.
1:20
Speaker 1: He goes into a lot of really cool trades. Eric,
1:22
Speaker 1: welcome into the show. Thanks for coming in.
1:24
Speaker 2: Pleasure to be here, been watching for a long time
1:26
Speaker 2: and it's glad to be on the PBI network.
1:29
Speaker 1: Awesome. Well, you have come at the right time because
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Speaker 1: the market is as heated as it can be. Eth
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Speaker 1: is battling with bitcoin right now. We saw what looked
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Speaker 1: to be an eight breakout and then Bitcoin said hold
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Speaker 1: my beer. It came roaring right back. So tell me
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Speaker 1: a little about where you see the market at right now,
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Speaker 1: especially with what we're seeing in terms of four year cycle.
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Speaker 2: Sure, yeah, so to go for the four year cycle.
1:54
Speaker 2: I think everything's changing really for bitcoin in particular. The
1:58
Speaker 2: reason why, most likely is because of the ETFs. Everything's
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Speaker 2: changed in my opinion since that came alive, and this
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Speaker 2: whole cycle really has been structurally different in very objective ways.
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Speaker 2: If I can actually share a chart really quickly. Yeah,
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Speaker 2: So this cycle has been completely uncharacteristic compared to any
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Speaker 2: past cycle. And the reason why we know that is
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Speaker 2: because this cycle has experienced multi very long, multi month
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Speaker 2: long corrections. We're talking bitcoin trading and arrange for you know,
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Speaker 2: anywhere between five to seven months. We've seen it three
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Speaker 2: times now. We saw it to of course right here,
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Speaker 2: we saw it more recently right here, and then of
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Speaker 2: course the most recent one right here as well. This
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Speaker 2: is completely different than anything that we've seen in the past.
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Speaker 2: If you look at past cycles for bitcoin, it's always
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Speaker 2: it's always been just a straight shot, that parabolic blow
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Speaker 2: off top that everyone loves, you know, once bitcoin breaks
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Speaker 2: in all time highs. That's what you saw, of course
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Speaker 2: right here in the twenty twenty one saga. In twenty seventeen,
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Speaker 2: it was just a beautiful, very long term but all
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Speaker 2: is just straight up the whole damn way. And then
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Speaker 2: same thing over here as well. No multi month long
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Speaker 2: corrections led to major continuations. In this case here we've
3:02
Speaker 2: had three three very very long ones six months or
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Speaker 2: so on average, which is just uncharacteristic. So to me,
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Speaker 2: that says that the game is changed. And if the
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Speaker 2: game is changing, well, it makes sense because ETFs are
3:13
Speaker 2: going to attract a whole different type of investor. And
3:16
Speaker 2: we have to realize that, you know, the traditional sort
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Speaker 2: of investor, especially you know, big money managers, hedge fund
3:21
Speaker 2: see sort of people, they don't trade like the traditional
3:24
Speaker 2: crypto aficionado. Let's say, yeah, you know, people in the
3:29
Speaker 2: people who are native to the crypto space, they're very
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Speaker 2: you know, apt to going ten x, twenty x, fifty x,
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Speaker 2: one hundred x leverage, and that's what kind of creates
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Speaker 2: these you know, major parabolic blowoff tops. But we have
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Speaker 2: to realize that hedge fund managers they're going to do
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Speaker 2: things differently, they effectively or in general, they will have
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Speaker 2: a mandate that you know, if bitcoin goes up let's
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Speaker 2: say twenty percent, they're going to sell some of their position,
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Speaker 2: and if bitcoin goes down, you know, fifteen twenty percent,
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Speaker 2: they're going to buy some. And we've seen that volatility
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Speaker 2: massively dissipate for bitcoin. Here, if we look at a
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Speaker 2: bitcoin volatility index, he's just been falling off a cliff
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Speaker 2: ever since that twenty twenty four January ETF debut happens.
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Speaker 2: So to me, that says that, you know, bitcoin volatile
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Speaker 2: be going down, which is generally good for the upside.
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Speaker 2: We're going to get more sort of consistent upside, but
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Speaker 2: you're also going to get these very long consolidation sideways,
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Speaker 2: which to me says, hey, these long term parabolic bluff
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Speaker 2: tops and dumps are not going to be happening in
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Speaker 2: the same way that we're used to anymore. You're going
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Speaker 2: to get these sort of you know, nice move up
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Speaker 2: trade sideways in a box, nice move up trade sideways
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Speaker 2: in a box. And when things do turn down, inevitably
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Speaker 2: it's not going to be I highly doubt it'll be
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Speaker 2: a seventy percent plus downside move you know. I think
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Speaker 2: really at most maybe we get fifty percent something like this.
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Speaker 2: But even then I imagine it'll be again down sideways,
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Speaker 2: down sideways, just because the way that these players will,
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Speaker 2: you know, trade this.
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Speaker 1: So you hit it on it right there, Eric, And
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Speaker 1: that is the fact that we are looking at a
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Speaker 1: completely different psychology of traders. And this is something that
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Speaker 1: I've been you know, kind of talking about for quite
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Speaker 1: some time, and that is that that is what is
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Speaker 1: changing this four year cycle when you look at that
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Speaker 1: and where eth dominance or I should say bitcoin dominance
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Speaker 1: is right now is just looking at the bitcoin dominance
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Speaker 1: chart and everybody's kind of been looking at this is
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Speaker 1: on the weekly, but everybody's been looking at this channel
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Speaker 1: right here around sixty percent is the window we dipped
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Speaker 1: or came very close to that. I think it just
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Speaker 1: dipped under sixty percent. Will this make a difference in
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Speaker 1: terms of entering alternative assets? People call it all coin
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Speaker 1: season for many of you that are new, that just
5:31
Speaker 1: simply means assets other than bitcoin and eth. Do you
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Speaker 1: think that's going to be the window for us to say, Okay, yeah,
5:38
Speaker 1: there's going to be some other rotations.
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Speaker 2: Look, I think in every cycle you're going to see
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Speaker 2: these sort of major pumps for all coins, typically near
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Speaker 2: the end of the cycle. The issue with them is
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Speaker 2: that most of these do not materialize into long term
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Speaker 2: macro uptrends, so these are always short term traits. If
5:54
Speaker 2: you're getting into all coins. In my opinion, it can
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Speaker 2: ever be a long term investment. I've yet to see one, say,
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Speaker 2: all coin that has beat Bitcoin for two or more cycles,
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Speaker 2: meaning that it made a higher macro high from cycle
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Speaker 2: to cycle and a higher macro low. There's not been
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Speaker 2: one that I've seen. Now, I'm completely open to being
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Speaker 2: proven wrong in this, but I've been searching around for
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Speaker 2: the last three weeks just for an example of one,
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Speaker 2: and I haven't seen that happen. So, yes, you know,
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Speaker 2: do I think that there's going to be a nice large,
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Speaker 2: just big balance across the board with most all coins. Sure?
6:24
Speaker 2: Are the newer ones going to be the bigger beneficiaries
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Speaker 2: of that? Most likely? Yes? Are they going to hold
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Speaker 2: onto these long term? Very unlikely. So that Bitcoin dominance,
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Speaker 2: whether it's going up or down, I don't think it
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Speaker 2: matters all that much because long term the trend against
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Speaker 2: bitcoin is down into the right towards zero. Yeah.
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Speaker 1: And I think the key here is anytime you are
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Speaker 1: going into these high volatile investments, short term trades, and
6:48
Speaker 1: even to a certain extent, some of the securities out
6:51
Speaker 1: there kind of move in this way if you think
6:52
Speaker 1: just I look at it, and Tasla is probably the
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Speaker 1: one that has the most similar narrative to where it's
6:58
Speaker 1: up it's down. It depends on what doing that day
7:01
Speaker 1: or that week as to how the market is moved,
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Speaker 1: which feels a lot like a meme coin sometimes. But
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Speaker 1: to your point, I think the Bitcoin ETF, the what
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Speaker 1: we've seen now at the ethtfs have all started to
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Speaker 1: dictate onto the market. Here's Matthew Siegel, he was talking
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Speaker 1: about this very issue. You look at some points though,
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Speaker 1: fifty six percent of the AUM of bitcoin ETFs one
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Speaker 1: hundred and sixty nine percent of the net inflows. This
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Speaker 1: is something that's been done in sixteen months, all right,
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Speaker 1: and you consider this and the capacity of where this
7:32
Speaker 1: market could go because this is just the beginning and
7:36
Speaker 1: we really haven't seen real regulatory framework until now. So
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Speaker 1: are we destined for a continuation of this? And back
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Speaker 1: to your point, maybe bitcoin does only a partial retracement
7:49
Speaker 1: this time around.
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Speaker 2: Yeah, I mean, that's exactly what I think is going
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Speaker 2: to happen. I think people are going to be, you know,
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Speaker 2: very much accustomed to those seventy percent plus massive dumps,
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Speaker 2: you know, from cycle to cycle, and you're probably not
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Speaker 2: going to get that. I mean, I think fifty percent
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Speaker 2: would be you know, that's that's fine, Like, if that happened,
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Speaker 2: I would be happy to buy there. Yeah, maybe it
8:11
Speaker 2: goes a little bit lower, sure, that's fine, but I
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Speaker 2: don't think it goes much lower than that. If it
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Speaker 2: goes that low, you know, that low at all. During
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Speaker 2: this current cycle, we haven't even really got these major
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Speaker 2: major pullbacks in the way that we have in the
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Speaker 2: past as well. You know, we've seen a couple of
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Speaker 2: thirty percent pullbacks, which you know, is huge if you're
8:27
Speaker 2: in traditional land, of course, like absolutely that's a massive crash,
8:30
Speaker 2: like everyone's you know, jumping out the window. But in
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Speaker 2: crypto land, this is this is just a Monday, so
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Speaker 2: it ain't so bad, right, right exactly. So yeah, I
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Speaker 2: think that those days are over. I think that is
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Speaker 2: generally going to be kind of a grind And if
8:42
Speaker 2: you want sort of an allegory or a chart to
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Speaker 2: kind of follow, maybe not exactly obviously, but just a
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Speaker 2: general idea, it would be Gold. When Gold's ETF debuted,
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Speaker 2: it was just this grind up and grind up and
8:55
Speaker 2: grind up. And so I don't think you need to
8:57
Speaker 2: get super cute with buying bitcoin if you're a long
8:59
Speaker 2: term person. Yeah, I think you know, maybe don't necessarily
9:03
Speaker 2: want to bid it exact all time highs, but if
9:04
Speaker 2: you see a fifteen twenty percent pullback, I think that
9:07
Speaker 2: that's fine. Personally, if you're a long term investor, you know,
9:09
Speaker 2: five years down the road, you're probably going to be
9:11
Speaker 2: rather happy.
9:12
Speaker 1: Yeah, for sure if you look at top indicators, because
9:15
Speaker 1: there still are a lot of traders that are in
9:18
Speaker 1: it for now, the next six months, the next eight months.
9:22
Speaker 1: Maybe they're not in it, you know, to try to
9:25
Speaker 1: wear this out, or maybe they're in a position right
9:27
Speaker 1: now where they're trying to win as much as they
9:29
Speaker 1: can and then spin down into Bitcoin when we do
9:32
Speaker 1: see a retracement. Some people would say that's the strategy
9:36
Speaker 1: to go. If you look at some of the indicators
9:39
Speaker 1: out there, you get everything from the pie cycle, top
9:43
Speaker 1: the multiple, the rainbow chart, anything that you're watching as
9:47
Speaker 1: far as an indicator that says, hey, we have seen
9:50
Speaker 1: another top indicator here.
9:52
Speaker 2: Yeah, I mean there's several things that I'm watching, and
9:54
Speaker 2: I think that we're on the verge of another you know,
9:56
Speaker 2: multi month long top coming up probably between you know,
9:59
Speaker 2: Septown at the earliest, maybe late October at the latest.
10:04
Speaker 2: I can show a few charts here. This is where
10:05
Speaker 2: I can go full on nerd mode on this kind
10:07
Speaker 2: of stuff. But one of the big ones for me
10:10
Speaker 2: is just looking at this weekly still cast a cost twitter.
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Speaker 2: It is in a zone that is effectively called all
10:15
Speaker 2: of the major tops throughout this current cycle. One again,
10:17
Speaker 2: those major tops throughout this current cycle. We've seen three
10:19
Speaker 2: of them thus far, and they've been you know, four
10:21
Speaker 2: to six months in total. All of them correlate with
10:24
Speaker 2: these same levels. This one over here led to a
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Speaker 2: two hundred and three day correction, This one over here
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Speaker 2: led to a seventy day one, this one over here
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Speaker 2: two hundred and twenty four day correction, this one over
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Speaker 2: here one hundred and sixty one days, and we're seeing
10:35
Speaker 2: that level hit yet again over here as things do
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Speaker 2: turn down with momentum. So to me, that says, hey,
10:39
Speaker 2: maybe this one has one more you know, surprise move
10:42
Speaker 2: to the upside, but we're a lot closer to a
10:44
Speaker 2: major high than not. The majority of this current move
10:47
Speaker 2: is likely done, and we're probably gonna be waiting around
10:49
Speaker 2: for a long time as well. On top of this,
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Speaker 2: I think a lot a lot of people are familiar
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Speaker 2: with this chart. It's the tether dominance chart. So just
10:56
Speaker 2: like the bitcoin dominant chart, you know, measures all the
10:58
Speaker 2: other assets versus bitcoin, this one just measures all the
11:01
Speaker 2: other assets versus tether, and it is down around the
11:04
Speaker 2: exact same level that we've seen the past few major
11:07
Speaker 2: highs in this market. This level has marked off. If
11:11
Speaker 2: we put on a bitcoin chart in the background, the
11:14
Speaker 2: high that we saw back on over in March twenty
11:16
Speaker 2: twenty four, that was this segment right here, and then
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Speaker 2: the more recent one that we saw in November slash
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Speaker 2: December of twenty twenty four. And so these areas like
11:24
Speaker 2: to get ground out for you know, ninety one days,
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Speaker 2: ninety one days and perhaps another ninety one days, and
11:29
Speaker 2: where does that bring us into That brings us into
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Speaker 2: about October. So I think that this current move again
11:33
Speaker 2: is on the clock right now, and if we move
11:35
Speaker 2: even further than that, we can go ahead and look
11:37
Speaker 2: at the stock to flow rainbow indicator. I know a
11:40
Speaker 2: lot of people like to lot this one and hey,
11:41
Speaker 2: is it is kind of funny, but you know, it
11:43
Speaker 2: is in that same sort of region what we have
11:45
Speaker 2: seen actually cycle tops in the past. But you know,
11:48
Speaker 2: as you know, I don't think that we're going to
11:49
Speaker 2: see like a really nasty draw down, you know, just
11:53
Speaker 2: another maybe six to eight month long sideways correction. You know.
11:56
Speaker 2: On top of this, we can go to the having
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Speaker 2: a high chart that I've got over here, and all
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Speaker 2: I'm doing is of just measuring the time from the
12:02
Speaker 2: having to the high and found that especially for the
12:04
Speaker 2: last couple of cycles, you know, this was around the
12:07
Speaker 2: five hundred and twenty to five hundred and fifty day mark.
12:10
Speaker 2: If we draw that one out here as well, where
12:12
Speaker 2: does that put us October first? So we have so
12:14
Speaker 2: many things coming in from the same direction. On top
12:16
Speaker 2: of that, if I pull up the perhaps earliest time,
12:20
Speaker 2: it would be this FIB time extension right here, which
12:23
Speaker 2: has been pretty apt at calling the highs and lows
12:26
Speaker 2: throughout these major trending moves, and that one has another
12:29
Speaker 2: date coming in basically the first week of September. And
12:31
Speaker 2: if I go back over here and look at the
12:34
Speaker 2: monthly Stoll cast as Twitter, you know we are once
12:36
Speaker 2: again heading up towards a similar region that we've seen
12:39
Speaker 2: for the last few highs. Right If you look at
12:41
Speaker 2: this region, we mark off the last few times we've
12:43
Speaker 2: seen this area hit that would be this this this
12:47
Speaker 2: and I imagine it's going to get hit if you know,
12:49
Speaker 2: at least in a couple of months, So that puts
12:51
Speaker 2: us out to October, maybe even as early as September.
12:54
Speaker 2: You know, these have correlated with major highs that lead
12:57
Speaker 2: into major corrections. I think that that's probably working to
13:00
Speaker 2: see relatively soon as well.
13:01
Speaker 1: So Eric, that's kind of a looking at a short
13:04
Speaker 1: term window here. You look at some analysts out there,
13:08
Speaker 1: they're thinking, you know, much longer term place here. Matt
13:11
Speaker 1: Hogan was kind of hitting on it right here. If
13:13
Speaker 1: you looked at, you know, where this market compared in
13:16
Speaker 1: twenty twenty and what you were investing in ethereum classed
13:20
Speaker 1: as tech, then of course you have bitcoin right there, Gold,
13:23
Speaker 1: Nasdaq one hundred s, and P five hundred. These were
13:26
Speaker 1: some pretty solid annualized gains and in very good, healthy returns.
13:31
Speaker 2: So it's still do you.
13:32
Speaker 1: Still feel that this is really the track that investors
13:36
Speaker 1: should be looking at right now? Instead of now twenty
13:39
Speaker 1: twenty five, we're looking out to twenty thirty.
13:42
Speaker 2: Oh yeah. I mean, if you're a long term investor,
13:45
Speaker 2: if you're managing a portfolio and you don't have bitcoin,
13:47
Speaker 2: I don't know what you're doing. I think that there's
13:50
Speaker 2: more risk in not having that. Of course it doesn't
13:52
Speaker 2: need to be all bitcoin, but you know, the returns
13:55
Speaker 2: for themselves, especially over the past five years. Who's going
13:57
Speaker 2: to beat that? Nothing?
14:00
Speaker 1: But what about this idea of rotation right now? So
14:03
Speaker 1: we saw eth run up to forty three hundred Bitcoin
14:07
Speaker 1: of course was setting around one sixteen at the time
14:10
Speaker 1: it came in. There was some pullback in the market,
14:13
Speaker 1: and now people are saying, well, maybe this is an
14:15
Speaker 1: issue where it's actually Eth that is pulling Bitcoin up
14:20
Speaker 1: the chart right now? Do you feel like that is
14:22
Speaker 1: the case or no?
14:25
Speaker 2: I mean I think that ethereum is going to outpace
14:27
Speaker 2: Bitcoin for a little bit here, but you know, going
14:29
Speaker 2: back to the earlier conversation and sharing my screen once again, look,
14:32
Speaker 2: I think it goes maybe even another fifty percent from here.
14:35
Speaker 2: It could easily go to five million satoshi's on the ratio.
14:38
Speaker 2: But long term, this is in my opinion, a massive loser.
14:42
Speaker 2: You can't I personally, if I'm putting on the long
14:45
Speaker 2: term investor hat, I don't want to invest in anything
14:48
Speaker 2: that can't beat bitcoin from cycle to cycle, and we
14:50
Speaker 2: can see here for ethereum, it has not held higher
14:53
Speaker 2: highs and higher lows from cycle to cycle. In twenty
14:55
Speaker 2: twenty one, it put in a lower high, it came
14:57
Speaker 2: back down to the lows. To me, that's a losing
15:00
Speaker 2: investment long term, because you could just be in bitcoin,
15:02
Speaker 2: which is, you know, kind of like the SPX of
15:04
Speaker 2: crypto in a way, it's a safer one if you will.
15:07
Speaker 2: Can I be wrong about this? Yeah? Absolutely? Would I
15:08
Speaker 2: be happy to be wrong about this? No? Of course
15:10
Speaker 2: I hate be roight. No, of course I'd be happy
15:12
Speaker 2: to be wrong you know about this as well. But realistically,
15:15
Speaker 2: you know, even if this chart, like I said, goes
15:17
Speaker 2: up another fifty percent, which I think it very well may.
15:20
Speaker 2: In fact, you know this is Ethereum's time right now,
15:23
Speaker 2: then it won't even put in a higher high versus
15:25
Speaker 2: this Bitcoin parent. To me, that is just long term weakness.
15:29
Speaker 2: Even though if you're a shorter term trader, yeah, you're
15:32
Speaker 2: probably better off holding a bit more Etheroeum right now
15:34
Speaker 2: if you want better games for sure. Yeah.
15:36
Speaker 1: Okay, So I want to play a clip for you,
15:39
Speaker 1: and this clip is Tom Lee. You know I would
15:42
Speaker 1: say he's the eighth marketing lead right now out there, right,
15:47
Speaker 1: it would be a monarcho. Anyway, let me play this
15:50
Speaker 1: clip for you, and then I want to get your opinion,
15:51
Speaker 1: to take.
15:51
Speaker 3: A look and to give perspective. In twenty seventeen, bitcoin
15:54
Speaker 3: was under one thousand, but that was the year when
15:58
Speaker 3: Wall Street discovered that the narrative of bitcoin is digital gold.
16:02
Speaker 3: And bitcoin has gone to one hundred twenty thousand now,
16:04
Speaker 3: so one hundred and twenty times increase. In twenty twenty five.
16:09
Speaker 3: A couple of things are happening around Ethereum. The first
16:11
Speaker 3: is the Genius Act is now making stable coins kind
16:15
Speaker 3: of green lighted, which is the chat GPT moment for crypto,
16:19
Speaker 3: but it needs a smart contract, so it doesn't work
16:21
Speaker 3: on Bitcoin.
16:22
Speaker 2: The second is.
16:23
Speaker 3: The SEC is pushing forward with Project Crypto, which is
16:27
Speaker 3: actually asking Wall Street to move the entire financial system
16:31
Speaker 3: onto the blockchain. Ethereum is the preferred choice for Wall
16:35
Speaker 3: Street because it's had zero downtime since inception, matching what
16:38
Speaker 3: the banks want one hundred percent of time. It's also
16:41
Speaker 3: the most legally compliant and secure blockchain.
16:45
Speaker 1: All right, I hate when Tom Lee throws out fundamentals
16:48
Speaker 1: like that, because you have to. You got to figure
16:50
Speaker 1: out a way to argue with that. But to your
16:53
Speaker 1: point is maybe it doesn't flow out long term. But
16:56
Speaker 1: what Leah is saying is that maybe this is the
16:59
Speaker 1: twenty seventeen moment for Eve and now is it's time
17:03
Speaker 1: because of all these scenarios that are playing out in
17:05
Speaker 1: the infrastructure of capital today. What do you make of that?
17:09
Speaker 2: Yeah, I mean, after watching that, I'm a believer an
17:13
Speaker 2: He's a.
17:13
Speaker 1: Good salesman man.
17:14
Speaker 2: He sells it well, right, I mean, look, he talks
17:17
Speaker 2: his book. There's no secret about that, and and fair enough,
17:20
Speaker 2: you know he's allowed to look. I look at charts.
17:23
Speaker 2: I don't know about all of what he said. It
17:25
Speaker 2: sounds great to me. But that's the problem. Everything sounds
17:27
Speaker 2: great to me. And if I went off of that,
17:29
Speaker 2: I'd be investing in you know, every damn alt coin
17:32
Speaker 2: let's say that exists on you know, on the planet.
17:34
Speaker 2: But for me, I have to go off a trust
17:36
Speaker 2: because I need something objective and objectivity comes from price prices,
17:40
Speaker 2: the truth prices, you know what everything comes down to
17:43
Speaker 2: at the end of the day. That's how people represent
17:45
Speaker 2: their actual opinions with real actions by buying or selling
17:49
Speaker 2: that opinion that he has. I mean, like I said,
17:51
Speaker 2: it sounds logical, it sounds great, he speaks. Well, if
17:54
Speaker 2: I'm just going off of that, yeah, I'm all in,
17:56
Speaker 2: but yeah, yeah, you know personally, I personally will stand
18:02
Speaker 2: back from that one.
18:03
Speaker 1: All right, Well, there's a lot of people that are
18:05
Speaker 1: kind of pushing this. What do you make of this
18:06
Speaker 1: is Joseph Lubin just a quick look at then again
18:09
Speaker 1: another guy talking his book and this is we've seen this.
18:13
Speaker 1: What do you make of these treasury companies? Both on
18:16
Speaker 1: the bitcoin side. Obviously Sailor is the I would say that,
18:20
Speaker 1: you know, the titan of the industry right now and
18:24
Speaker 1: his call with obviously with strategy, but now we're seeing
18:27
Speaker 1: this with eth and even a handful of all coins
18:30
Speaker 1: that are trying to play in this direction. Do you
18:31
Speaker 1: think these are long term plays on the treasury side?
18:36
Speaker 2: I'm not too sure, to be honest. I can go
18:38
Speaker 2: both ways with this one, mostly because it feels to
18:41
Speaker 2: me like a similar thing from the dot com era,
18:44
Speaker 2: where everyone just added a dot calm at the end
18:46
Speaker 2: of their name, right and their stuck went to the
18:47
Speaker 2: moon and beyond and did they actually have that value? No,
18:51
Speaker 2: they got washed out during the next sort of cycle.
18:53
Speaker 2: I think that's very well what could happen here, But
18:57
Speaker 2: I don't have super strong opinions about this, to be honest.
19:00
Speaker 1: All right, last point to you, Eric, and I'm going
19:03
Speaker 1: to look at an eighth price prediction and also a
19:08
Speaker 1: bitcoin price prediction. We're looking at the eighth high right now.
19:11
Speaker 1: Polymarket is calling it before October, so right in line
19:14
Speaker 1: with what you're talking about. What do you think we're
19:18
Speaker 1: going to see in terms of Eath's high do? We
19:21
Speaker 1: obviously will at least on this chart they're saying all
19:24
Speaker 1: time high by that time. Anything else?
19:26
Speaker 2: I mean, I think, like I said, I think this
19:28
Speaker 2: is Ethereum's time to shine these next few months here
19:30
Speaker 2: for sure. You know, I wouldn't be surprised to see
19:33
Speaker 2: anywhere between sixty five hundred on the low ends. Who
19:35
Speaker 2: as much as maybe nine thousand to ten thousand on
19:38
Speaker 2: the end.
19:39
Speaker 1: Wow, how about bitcoin by end of year?
19:43
Speaker 2: By end of year? You know, I think on the
19:45
Speaker 2: lower ends maybe something like one thirty five, on the
19:48
Speaker 2: upper end, about one fifty to one sixty.
19:51
Speaker 1: Anything on the side of strategic reserves, if if the
19:56
Speaker 1: US were to come out, I know Bohines just stepped down,
19:59
Speaker 1: but if we do get strategic reserves, by the US
20:03
Speaker 1: where they're actually creating some way of acquiring bitcoin. Do
20:06
Speaker 1: you think that would initiate a longer run for bitcoin
20:09
Speaker 1: into twenty twenty six?
20:12
Speaker 2: Yeah? Absolutely, I mean again, I could easily see high
20:15
Speaker 2: in October, you know, cool off for four to six months,
20:18
Speaker 2: something like that gets announced, and then it's just the
20:20
Speaker 2: same thing over again. Yeah, brincereet, for sure, I really
20:23
Speaker 2: do think that that's probably what's most likely to happen.
20:26
Speaker 1: Interesting, Okay, well I like that. You guys, of course
20:28
Speaker 1: follow Eric over on his YouTube channel. Just jump over
20:31
Speaker 1: there to Crown right there, easy Crown, you guys can
20:35
Speaker 1: find him herth there and very easy to do. Let's
20:39
Speaker 1: get into it with you. I want to, of course
20:40
Speaker 1: have you back on the show as things start to
20:42
Speaker 1: transpire here, so we'd love to have you if you
20:45
Speaker 1: can make it. Welcome in you to your new digs.
20:48
Speaker 1: Hopefully everything's going well for that as well.
20:51
Speaker 2: Solo start. Thank you very much, it's really been a
20:53
Speaker 2: pleasure and glad to be here and looking forward to
20:56
Speaker 2: next time. Take care, excellent, appreciate it. Are you guys?
20:59
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21:01
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21:03
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21:05
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21:08
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21:10
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21:13
Speaker 1: at Paul Baron. We'll catch you next time right here
21:15
Speaker 1: on The Paul Baron Show.