Latest / The Paul Barron Crypto Show / Iran Deal vs Crypto📉Market Update🔥

Transcript

Iran Deal vs Crypto📉Market Update🔥 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: It is crypto versus a piece deal.
• 0:01
  Speaker 2: Today.
• 0:02
  Speaker 1: We're going to be breaking that down because there's a
• 0:03
  Speaker 1: lot in the market that could be affecting everything we're
• 0:06
  Speaker 1: looking at. Before you get into it, I do want
• 0:08
  Speaker 1: to thank our sponsor and this is a special offer
• 0:11
  Speaker 1: for you guys. Okx is running an exclusive affiliate offer
• 0:15
  Speaker 1: where you can earn up to five hundred dollars in
• 0:17
  Speaker 1: XRP rewards just by hitting a few simple milestones. Step one,
• 0:22
  Speaker 1: Tier one, you can complete the KYC you get ten
• 0:25
  Speaker 1: dollars in XRP. If you go to step two, which
• 0:28
  Speaker 1: is one hundred dollars on a deposit, you get another forty.
• 0:32
  Speaker 1: Then you can bump that deposit and trade volume of
• 0:35
  Speaker 1: just one thousand dollars and you grab an additional one
• 0:38
  Speaker 1: hundred dollars in XRP. Best of all, for the heavy
• 0:42
  Speaker 1: hitters out there, if you deposit and trade ten grand,
• 0:45
  Speaker 1: you can unlock a massive three hundred and fifty dollars
• 0:48
  Speaker 1: XRP reward. This stacks onto all of this so boom,
• 0:52
  Speaker 1: you get up to five hundred dollars max earning and
• 0:55
  Speaker 1: it's paid directly out in XRP. So click the link
• 0:59
  Speaker 1: down below you guys are not want to go miss
• 1:01
  Speaker 1: this one. It is an awesome one. All right, guys,
• 1:03
  Speaker 1: I want to lead off today with a tweet, And
• 1:06
  Speaker 1: of course what I'm looking at right here is of
• 1:09
  Speaker 1: course President Trump saying that negatiat negotiations with Iran will
• 1:13
  Speaker 1: only be a great deal if it's a great deal
• 1:16
  Speaker 1: for everyone. And you can kind of see right here
• 1:18
  Speaker 1: on true social absolutely filled it up with everybody that's
• 1:22
  Speaker 1: involved in this deal. So there is a lot yet
• 1:25
  Speaker 1: to be done. The concern I have right now is
• 1:27
  Speaker 1: whether or not we actually get out of this war
• 1:31
  Speaker 1: as soon as we can, or does this stretch on
• 1:35
  Speaker 1: for months and months of negotiations continuing to see the
• 1:38
  Speaker 1: horror moves straight closed and what does that mean. Let's
• 1:42
  Speaker 1: jump over to Trump holding a rare cabinet meeting, and
• 1:45
  Speaker 1: this of course is going on Camp David this Wednesday.
• 1:48
  Speaker 1: If you look at this around the tensions that are
• 1:51
  Speaker 1: rising within Iran and the fact that they are holding
• 1:54
  Speaker 1: this cabinet meeting, this is crunch time. This I think
• 1:57
  Speaker 1: is going to get down to either what are they
• 1:59
  Speaker 1: going to accept? What are they not going to accept?
• 2:02
  Speaker 1: And all of this starts to point to two major markets.
• 2:05
  Speaker 1: One of course, is going to continue to be How
• 2:08
  Speaker 1: does this end? If you look at polymarket, polymarket has
• 2:11
  Speaker 1: this on the December outlook at a eighty one percent
• 2:14
  Speaker 1: chance back here, not too long ago, just on May
• 2:17
  Speaker 1: twenty second, just a few days ago, it was at
• 2:19
  Speaker 1: a sixty two percent chance by December. This is my point.
• 2:22
  Speaker 1: This could end up dragging on through summer and possibly
• 2:26
  Speaker 1: even on in past the midterms. This would have some
• 2:29
  Speaker 1: pretty uh I think garganshuman effect on crypto in general.
• 2:34
  Speaker 1: And this is the thing right now, the major markets.
• 2:37
  Speaker 1: If we're seeing that war is bad for bitcoin, it
• 2:40
  Speaker 1: seems that peace could be bad for bitcoin as well,
• 2:43
  Speaker 1: because we're not necessarily seeing the markets respond even though
• 2:48
  Speaker 1: we're seeing a potential of a peace deal underway other things.
• 2:52
  Speaker 1: Right now, the market is responding. You've got the S
• 2:54
  Speaker 1: and P five hundred rising to its highest level on
• 2:57
  Speaker 1: record right there now, on track for its first nine
• 3:00
  Speaker 1: week windstreak. This is huge because it hasn't happened since
• 3:04
  Speaker 1: twenty twenty three. I would like to know from you
• 3:07
  Speaker 1: guys drop some comments down below. Are you shifting your
• 3:11
  Speaker 1: investment thesis at all with this kind of run up?
• 3:14
  Speaker 1: I mean, this is almost mean coin style growth that
• 3:17
  Speaker 1: we're seeing in traditional markets. Are you placing any bets
• 3:20
  Speaker 1: on traditional stocks or at least on maybe the token
• 3:23
  Speaker 1: issed version within crypto. Let me know down in the comments.
• 3:26
  Speaker 1: Other things you got to look at right now is
• 3:28
  Speaker 1: oil prices. Oil prices continue to be an issue. But
• 3:32
  Speaker 1: the real question was if oil was going to go
• 3:34
  Speaker 1: down and a peace deal is underway, would that not
• 3:38
  Speaker 1: mean that that's good for crypto? According to charts right now,
• 3:42
  Speaker 1: if you just look at oil where it is holding
• 3:44
  Speaker 1: it around ninety four. Remember oil had clipped one hundred
• 3:47
  Speaker 1: and fifteen as far back as April seventh, that's just
• 3:50
  Speaker 1: a couple of months ago, one month ago. If you
• 3:53
  Speaker 1: look at this trending down, and if you look at
• 3:55
  Speaker 1: all the other crypto products, as we start to see
• 3:59
  Speaker 1: these piece deals, one of the biggest days right now
• 4:02
  Speaker 1: hitting bitcoin, this is another factor ethereum not necessarily holding
• 4:06
  Speaker 1: up either having a big day even XRP also slipping
• 4:11
  Speaker 1: in back down to the one thirty marks. So this
• 4:14
  Speaker 1: is not necessarily a positive for crypto in general. I
• 4:17
  Speaker 1: think the real question is the macro environment that continues
• 4:21
  Speaker 1: to cause pressure on these risk markets has got to change.
• 4:25
  Speaker 1: I want to go to a clip because this is
• 4:27
  Speaker 1: getting into how Iran is growing stronger the longer we
• 4:32
  Speaker 1: don't have a deal.
• 4:33
  Speaker 3: Take a look every day that goes by Iran's negotiating
• 4:37
  Speaker 3: leverage compounds. Why because inventories of oil and inventories continue
• 4:42
  Speaker 3: to drop. You know, last week alone you dropped inventories
• 4:44
  Speaker 3: by seventeen million barrels. The clock ticks on the situation.
• 4:48
  Speaker 3: For Iran, they're leveraging power compounds, while for the West
• 4:52
  Speaker 3: it decreases. We can come up with these different types
• 4:56
  Speaker 3: of policy announcements that try to solve it, but the
• 4:58
  Speaker 3: only thing that's going to solve it is more molecules.
• 5:01
  Speaker 3: And ultimately the real thing is open the straits. But
• 5:04
  Speaker 3: that's still even if you announced it tomorrow, six more
• 5:07
  Speaker 3: months before you really solve the problem.
• 5:11
  Speaker 1: The real question is how long does this supply chain
• 5:15
  Speaker 1: shock exist? And I think no one at least has
• 5:18
  Speaker 1: a timeline that I've seen. So the real question is
• 5:21
  Speaker 1: when this deal gets done, how long before we start
• 5:25
  Speaker 1: to see full and free flow of energy back into
• 5:27
  Speaker 1: the West. Remember that the US is not necessarily involved
• 5:31
  Speaker 1: in that, even though you do have situations rising in Asia.
• 5:35
  Speaker 1: Obviously in the EU I think the real question is
• 5:39
  Speaker 1: how long, because if that does take six months, that
• 5:41
  Speaker 1: could have some lasting effects on the market in general.
• 5:45
  Speaker 1: There's also a big situation that could end up killing
• 5:49
  Speaker 1: the Iranian deal, and it's a wildcard you may not know.
• 5:52
  Speaker 1: Take a look.
• 5:53
  Speaker 2: If the Israelis are not rained in by the United States,
• 5:57
  Speaker 2: they will not be a deal. Last time, there was
• 6:00
  Speaker 2: hoposed to be a region wide ceasefire, and we saw
• 6:03
  Speaker 2: what these Raelis have done there, continuing to bombard leving
• 6:06
  Speaker 2: On to Smithers, and we've seen how they have treated
• 6:09
  Speaker 2: the cease firing Gauza as well. If the United States
• 6:12
  Speaker 2: is incapable of raigning in the Israelis, then I think
• 6:16
  Speaker 2: that will put a significant amount of stress on this agreement.
• 6:20
  Speaker 2: Agreement may not even be able to be reached in
• 6:22
  Speaker 2: the first place.
• 6:24
  Speaker 1: All right, So there you have it. The Israelis still
• 6:27
  Speaker 1: continuing to kind of hold the ace card, and I
• 6:29
  Speaker 1: think the real question here is Trump is going to
• 6:32
  Speaker 1: have to draw the line at some point. I know
• 6:34
  Speaker 1: that a lot of this is all pent up on
• 6:38
  Speaker 1: what kind of deal is made with the Iranians, but
• 6:41
  Speaker 1: I think at one point you're probably gonna have the
• 6:43
  Speaker 1: Israelis coming to the table as well in the negotiation factor,
• 6:46
  Speaker 1: and I think there'll be enough pressure from EU, from
• 6:50
  Speaker 1: Asia and maybe even from China that could put a
• 6:54
  Speaker 1: little bit of twist on this going forward. The reason
• 6:57
  Speaker 1: all of this is important when you look at prices,
• 7:00
  Speaker 1: you look at the macro environment, you look at the
• 7:03
  Speaker 1: S and P on all time highs, and then you
• 7:05
  Speaker 1: look at how crypto is responding. Right now, we're setting
• 7:08
  Speaker 1: on a sixty percent chance. And let's just remember that
• 7:12
  Speaker 1: the War Powers Act, which was on the table last week,
• 7:15
  Speaker 1: got thrown off because they thought there was going to
• 7:18
  Speaker 1: be a deal. What happens if that spins back into
• 7:21
  Speaker 1: it at the wrong time, Because remember timing here is
• 7:24
  Speaker 1: super super important. We're holding a sixty percent chance right now,
• 7:29
  Speaker 1: which is up from just the other day at fifty
• 7:31
  Speaker 1: four percent, So you would think maybe there's some negotiations
• 7:35
  Speaker 1: happening in between all of this in terms of what's
• 7:39
  Speaker 1: going on in Iran, what's happening in the macro side
• 7:41
  Speaker 1: of things. All of this has pressure that is loading
• 7:45
  Speaker 1: in on top of crypto, and I think that's why
• 7:47
  Speaker 1: we are not seeing crypto move. One of the biggest
• 7:51
  Speaker 1: bulls on crypto that has always been a bull has been.
• 7:54
  Speaker 1: Mike Novogratz a Galaxy Digital, he was on talking about this,
• 7:59
  Speaker 1: and I want you to tell me if you think
• 8:01
  Speaker 1: he sounds bullish, take a look. But you know the
• 8:04
  Speaker 1: bowl cases you get a deal, OI oil goes back
• 8:07
  Speaker 1: down into the eighties.
• 8:09
  Speaker 4: The back end oil will get to the sixties.
• 8:11
  Speaker 2: Okay.
• 8:12
  Speaker 3: So I mean that gives our friend Kevin Warsh some amplitude,
• 8:16
  Speaker 3: right right to cut rate.
• 8:18
  Speaker 4: All that happens, worsh is starting to change his tune
• 8:22
  Speaker 4: and by the end of the year he's cutting rates,
• 8:24
  Speaker 4: not just fighting off people who want to hike. That
• 8:26
  Speaker 4: could be the last juice that this market needs to
• 8:29
  Speaker 4: have it rip your face off. Bitcoin reclaims eighty five
• 8:33
  Speaker 4: thousand before the end of June. That would be wildly bullish.
• 8:37
  Speaker 1: Do you think that will happen?
• 8:39
  Speaker 4: Oh? I see, I think that's right around where clarity
• 8:43
  Speaker 4: should be decided. I think I would if you move
• 8:46
  Speaker 4: that to the middle of July, i'd be bullish.
• 8:49
  Speaker 1: Okay, all right, middle of July, all of the he's
• 8:54
  Speaker 1: penning on bitcoin going back to eighty five strictly to clarity.
• 8:58
  Speaker 1: I think there's more to it then just that. I
• 9:02
  Speaker 1: think you have the whole mix of everything. You've got
• 9:04
  Speaker 1: to have the Iranian deal. You've got to have a
• 9:06
  Speaker 1: little bit of pressure off the markets in general, where
• 9:09
  Speaker 1: worsh might have a window later this year. Notice he
• 9:12
  Speaker 1: thought a rate cut by end of year. So FOMC meetings,
• 9:16
  Speaker 1: I don't know if we're going to see anymore like
• 9:18
  Speaker 1: we did with Powell, but if we do, it'll be
• 9:21
  Speaker 1: interesting to see how Kevin Walsh deals with the forward
• 9:25
  Speaker 1: looking statement. It's going to be intriguing. So be on
• 9:28
  Speaker 1: the look at that. A couple of other things. You
• 9:30
  Speaker 1: got to look at as the calendar, and right here
• 9:32
  Speaker 1: as the Congress second session. You look at the month
• 9:35
  Speaker 1: of May. Right there here we are on the week
• 9:38
  Speaker 1: of the twenty fifth. This is closed right now, so
• 9:41
  Speaker 1: you are out on a chance right there you move
• 9:44
  Speaker 1: into early June. There's a possibility. But it goes back
• 9:46
  Speaker 1: to the whole situation. We don't want to bog down
• 9:50
  Speaker 1: this June calendar with a lot of stuff. That's the point.
• 9:54
  Speaker 1: We have a chance to get into the Senate hopefully
• 9:56
  Speaker 1: and get this done. July starts to run really a
• 9:59
  Speaker 1: risk because August. Look at August, almost the entire month
• 10:02
  Speaker 1: of August is pretty much toast, and then you move
• 10:05
  Speaker 1: in to preparation for midterms in September. This is a
• 10:09
  Speaker 1: concern that I have. I know a lot of people
• 10:11
  Speaker 1: have come on the show, handful of analysts that have
• 10:13
  Speaker 1: said it could happen even as late as September. I
• 10:16
  Speaker 1: think that has pretty traumatic effects on the market in general.
• 10:20
  Speaker 1: Other things that may have an effect is the continuation
• 10:24
  Speaker 1: of negotiations. And what I mean by that is all
• 10:27
  Speaker 1: of these senators negotiating special deals during this clarity because
• 10:33
  Speaker 1: Trump and they know that Trump wants this through, so
• 10:37
  Speaker 1: they're throwing out everything. Here's a little bit of an
• 10:40
  Speaker 1: insight on Tom Tillis and how he may go at
• 10:43
  Speaker 1: Pete hag Seth.
• 10:44
  Speaker 5: Take a look, so hegg says owns it by being
• 10:47
  Speaker 5: Secretary of Defense. When you tell the president that you
• 10:50
  Speaker 5: have obliterated Iran and you're in a position to pretty
• 10:53
  Speaker 5: much dictate terms. And now you see what we have
• 10:56
  Speaker 5: when you see these mistakes made by hag Seth. I
• 10:59
  Speaker 5: actually I think with all these mistakes in total, it's
• 11:03
  Speaker 5: beginning to make Christine Ohm look like a five star recruit.
• 11:06
  Speaker 5: And anybody that gets in the way of my colleagues
• 11:09
  Speaker 5: Republican colleagues getting reelected are a problem.
• 11:12
  Speaker 2: All right.
• 11:12
  Speaker 1: So basically you got Tillu's going after anyone that potentially
• 11:17
  Speaker 1: risks them getting re elected, and Hegseth is his new
• 11:21
  Speaker 1: bullseye along with some of the things that we're seeing
• 11:24
  Speaker 1: in some of these other primaries. Texas an example right
• 11:26
  Speaker 1: here the primary runoffs. We all know what's going on there.
• 11:30
  Speaker 1: You've got Ken Paxson, who's been supported by the Fellowship
• 11:33
  Speaker 1: pack and also the tetherback Fellowship pack. But I think
• 11:36
  Speaker 1: we're going to see more of this moving into the
• 11:41
  Speaker 1: situation around midterms, especially. I'm curious how many senators, and
• 11:47
  Speaker 1: right now it's mostly the Senate which is at risk.
• 11:50
  Speaker 1: I wonder how many Senators are truly going to get
• 11:52
  Speaker 1: run against that don't let Clarity go through. Remember this
• 11:56
  Speaker 1: gets very interesting on timing because you could get a
• 11:59
  Speaker 1: lot of money going against anyone who stands up against
• 12:02
  Speaker 1: Clarity by end of maybe a July, I think that
• 12:06
  Speaker 1: might be the number, So be looking at it. It's
• 12:08
  Speaker 1: going to be very interesting right now, a lot of
• 12:10
  Speaker 1: money being spent on these runs. You also have the
• 12:14
  Speaker 1: SEC delaying a plan to allow blockchain based token is stocks.
• 12:18
  Speaker 1: This came last Friday. We didn't report on it, but
• 12:21
  Speaker 1: the key is is it starts to have some effect
• 12:24
  Speaker 1: I think on the rest of the market. One point
• 12:27
  Speaker 1: in note, and it's worth noting, is this right here,
• 12:30
  Speaker 1: is that the founder of Ondo was mysteriously found dead
• 12:35
  Speaker 1: I guess or unexpected passing. So very interesting situation. This
• 12:39
  Speaker 1: is a thirty year old guy head of Ondo, one
• 12:43
  Speaker 1: of the biggest tokenized asset platforms out there. Interesting timing here, guys,
• 12:48
  Speaker 1: not saying anything, just saying interesting timing, all right, So
• 12:51
  Speaker 1: as you see right there by the SEC, this is
• 12:55
  Speaker 1: slowing the entire market. You look at Ondo, you look
• 12:59
  Speaker 1: at some of the art WA platforms out there, and
• 13:02
  Speaker 1: remember this was all in place and then all of
• 13:04
  Speaker 1: a sudden we get the rug pull. These are the
• 13:06
  Speaker 1: kind of markets that are at risk right now. This
• 13:08
  Speaker 1: is a forecast right here projecting one hundred x growth
• 13:12
  Speaker 1: in tokenized assets by twenty thirty. The big names on
• 13:15
  Speaker 1: this Mackenzie City, Ripple, ARC, Invest, even standard Charters. So
• 13:20
  Speaker 1: interesting timing that all of this is happening. But when
• 13:23
  Speaker 1: will the SEC actually loosen this up so we can
• 13:26
  Speaker 1: get xtocs, so we can get onto and be able
• 13:29
  Speaker 1: to trade. What we are talking what they have been
• 13:31
  Speaker 1: promising for quite some time. Interesting time that the SEC
• 13:35
  Speaker 1: does this right now, just as we're getting ready to
• 13:37
  Speaker 1: roll into a new future. Robinhood has also cleared the
• 13:40
  Speaker 1: final regulatory approval for its one hundred and eighty million
• 13:43
  Speaker 1: dollar acquisition of wonderfive. Remember this is Kevin O'Leary's company
• 13:46
  Speaker 1: in Canada. They are piecing together a very strategic position
• 13:52
  Speaker 1: to counter what's going on with Coinbase. I think they
• 13:55
  Speaker 1: are coming hard for Coinbase, and this is just another
• 13:58
  Speaker 1: asset that kind of adds to their roster. All right,
• 14:01
  Speaker 1: So you've got Robin Hood, who's kind of stuck in limbo.
• 14:04
  Speaker 1: We're waiting on all this to clarify and get regulatory alignment.
• 14:07
  Speaker 1: Then you've got this happening in Hong Kong, where the
• 14:10
  Speaker 1: SFC is now saying, hey, we're gonna get you licensed
• 14:13
  Speaker 1: crypto advisory and asset management services. All this is going
• 14:16
  Speaker 1: to be in place as a law by the end
• 14:18
  Speaker 1: of twenty twenty six this year, guys. So Hong Kong
• 14:21
  Speaker 1: is at a full race to try to get this done.
• 14:24
  Speaker 1: It looks like they are going to get it done.
• 14:27
  Speaker 1: Which this is coming in from the Securities and Future
• 14:30
  Speaker 1: Commission in Hong Kong. So big news overall. If you
• 14:34
  Speaker 1: look at bitcoin right now, it has been the first
• 14:37
  Speaker 1: time we have seen a two year situation and that's
• 14:41
  Speaker 1: what's brewing right now. Down six percent and twenty five
• 14:44
  Speaker 1: thirteen percent right there year to date here in twenty
• 14:47
  Speaker 1: twenty six. First time we really see them back to
• 14:49
  Speaker 1: back years. Is bitcoin fading as the asset going forward?
• 14:53
  Speaker 1: Let me know what you guys think. Done in the
• 14:55
  Speaker 1: comments if you would be going bitcoin ethereum hype, Solana ripple,
• 15:01
  Speaker 1: any of those hit me in the comments. One of
• 15:05
  Speaker 1: the major concerns that you should be looking at right now,
• 15:08
  Speaker 1: especially related to bitcoin, is going to be Metaplanet. You
• 15:11
  Speaker 1: look at their nav right now, which is slipped under
• 15:14
  Speaker 1: a nav again. Last time that happened, really wasn't It
• 15:18
  Speaker 1: was right back here, yeah, November twenty seven, So very
• 15:21
  Speaker 1: interesting timing right now. Bitcoin not good for the market
• 15:24
  Speaker 1: in general. This would be a big deal if Metaplanet
• 15:28
  Speaker 1: got in any kind of sideways issues with bitcoin, because
• 15:31
  Speaker 1: I think that's the question that a lot of institutional
• 15:33
  Speaker 1: investors are asking. Right here was kind of interesting. Metaplanet's
• 15:38
  Speaker 1: latest sharehold benefits basically gave you discounts on bitcoin, magazine
• 15:44
  Speaker 1: descriptions and the conference. I think a lot of people
• 15:47
  Speaker 1: are frustrated around this, especially around Japanese social media. Just
• 15:52
  Speaker 1: to distribute difficulint and just do it, Just distribute to bitcoin.
• 15:55
  Speaker 1: Everybody's going to be happy. Not I don't need discounts
• 15:58
  Speaker 1: on this or that. I agree with that this should
• 16:01
  Speaker 1: be exactly what it has always been, which is distribution
• 16:05
  Speaker 1: of bitcoin the asset. So interesting points right now. Remember
• 16:10
  Speaker 1: when everybody was pointing at M two saying M two
• 16:15
  Speaker 1: is the indicator that drives liquidity into the crypto and
• 16:19
  Speaker 1: the risk asset market. Well, here you have it. This
• 16:22
  Speaker 1: is the thread right here. M two is as high
• 16:24
  Speaker 1: as it has ever been, well above back in twenty
• 16:28
  Speaker 1: two when we had clipped. We slipped down in twenty three,
• 16:31
  Speaker 1: and it has been skyrocketing since then. But yet we
• 16:34
  Speaker 1: are not seeing the skyrocketing approach toward risk assets. So
• 16:38
  Speaker 1: is M two one of the big things that I
• 16:40
  Speaker 1: think a lot of people were pushing to definitely not
• 16:43
  Speaker 1: necessarily the case for risk assets. Again, macro environments, consumer
• 16:48
  Speaker 1: and investor sentiment, and obviously these situations on the geopolitical
• 16:53
  Speaker 1: field are the issues. It appears that we have to
• 16:57
  Speaker 1: have so many things that go right to get into
• 17:01
  Speaker 1: the risk markets accelerating. If you look at where the
• 17:05
  Speaker 1: government is spending money, you have to look at AI,
• 17:09
  Speaker 1: and these numbers are crazy. In fact, they are spending
• 17:12
  Speaker 1: more money on AI and this kind of tech than
• 17:15
  Speaker 1: anywhere else in the market, which is why you are
• 17:18
  Speaker 1: seeing the kind of numbers that you are seeing right
• 17:21
  Speaker 1: now on the major stock exchanges and of course some
• 17:25
  Speaker 1: of the major companies out there, anything that is within
• 17:27
  Speaker 1: that AI realm. This is the kind of numbers that
• 17:30
  Speaker 1: we're starting to push to. And I think this is
• 17:32
  Speaker 1: a big factor here because it's not crypto oriented, at
• 17:35
  Speaker 1: least not yet. Maybe in the future we get some
• 17:38
  Speaker 1: sort of a gentic connection to AI, but right now
• 17:41
  Speaker 1: it is all about these primary stock products and a
• 17:44
  Speaker 1: lot of these new IPOs coming to market that I
• 17:47
  Speaker 1: think will take advantage of this. If you look quickly
• 17:49
  Speaker 1: at the market, as we did just a little bit ago,
• 17:51
  Speaker 1: there's bitcoin on another major red day. This is a
• 17:53
  Speaker 1: critical day for bitcoin. Eth could clip and go below
• 17:58
  Speaker 1: again the situation of under two thousand, so right there
• 18:02
  Speaker 1: was that dip we saw over the weekend. But I'm
• 18:05
  Speaker 1: just wondering do we see a seventeen hundred dollars eight
• 18:08
  Speaker 1: like some analysts are pointing at. Let me know what
• 18:11
  Speaker 1: you guys think. Do you think this is a selling
• 18:13
  Speaker 1: may go away and finish up or do you think
• 18:15
  Speaker 1: we continue to see downward pressure throughout the summer. We're
• 18:19
  Speaker 1: gonna be covering this in a lot more so stick around.
• 18:28
  Speaker 1: If you like this video, like and subscribe, drop a
• 18:30
  Speaker 1: comment down below, and also join our free private member group.
• 18:34
  Speaker 1: The link is in the description.