Latest / The Paul Barron Crypto Show / CLARITY Fear vs Crypto Market📉Technical Analysis with Tim Warren

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CLARITY Fear vs Crypto Market📉Technical Analysis with Tim Warren · The Paul Barron Crypto Show

0:00
Speaker 1: Clarity fears are now causing a tremendous amount of turmoil.
0:04
Speaker 1: Today I'm going to break it down with you. It
0:06
Speaker 1: is going to be something to watch closely, guys. Today
0:10
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Speaker 1: clicking the link down below. All right, today I want
0:54
Speaker 1: to bring in none other than mister Tim Warren, who
0:56
Speaker 1: if you guys do not know Tim, if you're not
0:58
Speaker 1: following him out on YouTube, go to his YouTube channel
1:01
Speaker 1: right now and follow him, man, this is the place
1:04
Speaker 1: to do it. Become a subscriber because I know he's
1:07
Speaker 1: got a really good trading community as well, which we'll
1:10
Speaker 1: talk a little bit about. So, Tim, how are you
1:12
Speaker 1: man doing good?
1:13
Speaker 2: I'm doing a lot of chaos in the markets, which
1:16
Speaker 2: kidding you know, for investing it's kind of messed up,
1:19
Speaker 2: but for trading, it's a lot of fun to trade it.
1:21
Speaker 2: So that's Kidnai and Toes.
1:23
Speaker 1: Yeah, for sure. Well that's the key. That's the key
1:26
Speaker 1: if you're going to see volatility usually as a money
1:28
Speaker 1: maker for if you know how to play the volatility,
1:30
Speaker 1: that's the key. Right now, listen, we've got a few
1:34
Speaker 1: scenarios playing out right now. One of course is what's
1:37
Speaker 1: going on with GOP holdouts. This is the area that
1:42
Speaker 1: we were thinking that we had secured. And when I
1:45
Speaker 1: say we, meaning if you're pro crypto clarity, you think
1:48
Speaker 1: that the five GOP holdouts were kind of in the lock.
1:52
Speaker 1: There was a handful of them in there, you know.
1:55
Speaker 1: Of course, Josh Holly was the one I was still
1:57
Speaker 1: kind of was a ramp and Josh Holly are there
2:01
Speaker 1: two really? But the fact that we're getting now many
2:05
Speaker 1: more this actually puts US in a bad situation because,
2:09
Speaker 1: as we have talked about, we could lose more Republicans
2:13
Speaker 1: and if that is a case, Tim, this is not
2:15
Speaker 1: looking good for Clarity and it is eerily silent in
2:18
Speaker 1: DC today. What do you think?
2:21
Speaker 2: Here's what I do think, especially if you get the
2:24
Speaker 2: ten Democrat votes or to a seven if this if
2:27
Speaker 2: seven Democrats vote yes, but this doesn't pass because of Republicans. Oh,
2:32
Speaker 2: I think every single person who held there yes, especially
2:36
Speaker 2: on the Republican side, but even some of the Democrats side.
2:39
Speaker 2: I saw a post about this earlier and I agree
2:41
Speaker 2: with it. Especially if you're up for reelection November, you
2:44
Speaker 2: might be in trouble. What you do not want to
2:46
Speaker 2: do is you do not want to give your opposing
2:50
Speaker 2: party grounds in this next election and potentially funds. We
2:55
Speaker 2: talk about this. There's a study heard this week not
2:57
Speaker 2: a single representative who's been sponsored by crypto packs has
3:03
Speaker 2: lost their election. I wonder if those crypto packs are
3:06
Speaker 2: sitting here with some money for this fall and deciding, hey,
3:08
Speaker 2: where we want to spend our pennies going into midterms,
3:11
Speaker 2: this vote could have a big say in that.
3:13
Speaker 1: Well, you look at what Patrick Witt was saying, and
3:18
Speaker 1: he retweeted the whole point of what David McIntosh said,
3:22
Speaker 1: which is getting into something very specific, and it was
3:25
Speaker 1: a reference to stop being uninformed shills, and he's talking
3:30
Speaker 1: to very specific senators. Kind of crazy that they're calling
3:33
Speaker 1: them out and the fact that they are now starting
3:36
Speaker 1: to actually call out senators around this. So this is
3:39
Speaker 1: getting heated within the market for sure. And I think
3:43
Speaker 1: the whole point behind this is that today was the
3:47
Speaker 1: day Friday if we do not see this at least
3:51
Speaker 1: the date of saying, hey, we're going to put it
3:52
Speaker 1: up for a vote. Monday was kind of the critical
3:55
Speaker 1: date that could be delayed now and by four o'clock
3:58
Speaker 1: is if we don't see it bey four today, I
4:02
Speaker 1: don't know that clarity gets in place for next week,
4:05
Speaker 1: and then of course we just don't know how it's
4:07
Speaker 1: gonna turn from there. Other things I want to hit on.
4:11
Speaker 1: We talked about this on our show, and that was
4:15
Speaker 1: what was going on with CXMT. We did a whole
4:18
Speaker 1: video on this thing. We also did a whole video
4:21
Speaker 1: on SpaceX saying don't touch it, guys, let it run
4:24
Speaker 1: its course, maybe look at it down the road. Hopefully
4:27
Speaker 1: everybody pay attention to that one. But if you weren't
4:29
Speaker 1: paying attention to CXMT, you should have been, because this one,
4:33
Speaker 1: of course, has become China's soaring star, and I don't
4:38
Speaker 1: think they're gonna let this one bubble up like what
4:41
Speaker 1: SpaceX did and then fall back. Are you still looking
4:44
Speaker 1: at AI plays as it is today?
4:48
Speaker 2: I do think as you're seeing AI pull back, you
4:51
Speaker 2: believe in it long term, So you're saying where should
4:53
Speaker 2: I start nibbling? I would put it though, in a
4:55
Speaker 2: similar spot to like when you get into a crypto
4:58
Speaker 2: bear market and you're wared you're in a bit market.
5:01
Speaker 2: You start to say, you know what, I don't know
5:02
Speaker 2: if the bottom is in, but I do want to
5:04
Speaker 2: start nibbling at lower prices. Because let's take bigcoin for example.
5:06
Speaker 2: You know you don't want to buy at one hundred
5:07
Speaker 2: and twenty six thousand, but all things considered, ninety thousand
5:11
Speaker 2: when you were just at one twenty six is not
5:12
Speaker 2: that bad. Eighty thousand is not that bad, sixty thousand
5:15
Speaker 2: not that bad. Even if you don't know exactly where
5:18
Speaker 2: the bottom's going to be. Smart money begins to nibble
5:20
Speaker 2: on big dips, and so I think it's irresponsible to
5:23
Speaker 2: not look at AI and say, hey where am I
5:25
Speaker 2: watching right now to start the DCA back into it,
5:28
Speaker 2: because I don't think AI is a dead space. I
5:30
Speaker 2: don't think it was a flash in the pan. It
5:32
Speaker 2: came and exploded. Now it's going away, but it's clearly
5:35
Speaker 2: in a correction. Semiconductors are pulling back pretty dramatically. AI
5:40
Speaker 2: stocks are pulling back pretty dramatically. But I do think
5:43
Speaker 2: it's about time to start looking at some good long
5:45
Speaker 2: term dCas in the AI space, because you were working
5:48
Speaker 2: with such a large correction.
5:50
Speaker 1: This was another news item I wanted to kind of
5:52
Speaker 1: do a rundown on, and that, of course, was this
5:55
Speaker 1: laughable thing right here by JP Morgan City and UBS
5:58
Speaker 1: saying that they sick cessfully tested tokenized cross border payments
6:04
Speaker 1: settling transactions and an average of eighty seconds. So wow,
6:10
Speaker 1: kudos for them of quadrupling speed.
6:15
Speaker 2: I was going to say they're late to the party.
6:17
Speaker 2: That listen, if the banks have not been invested in
6:20
Speaker 2: crypto and not seeing what crypto does, that's eighty seconds
6:22
Speaker 2: is impressive compared to banks.
6:24
Speaker 1: It's in silly. Yeah, yeah, it's silly. I think this
6:27
Speaker 1: is just in general, and the problem you have with
6:30
Speaker 1: that is it's not going to get any better. I
6:33
Speaker 1: don't necessarily think, hey, what do you think about this
6:35
Speaker 1: right here? Bear market? Right now? It's forty nine percent deep.
6:39
Speaker 1: Every prior bear market before far below that. If you
6:44
Speaker 1: look at where it has been where it is right now,
6:48
Speaker 1: do you think there's something left here for Bitcoin in
6:51
Speaker 1: terms of a correction. Let's just assume that. Let's let's
6:55
Speaker 1: take two angles. Clarity doesn't pass, doesn't get through. Where
7:00
Speaker 1: do you feel the market retraces too? After that? I
7:03
Speaker 1: am sure we're going to see a wig.
7:06
Speaker 3: Yeah.
7:06
Speaker 2: I think it's one of those things. Until Bitcoin breaks
7:09
Speaker 2: above its bear market trend, I'm still predicting a new
7:11
Speaker 2: low coming to me. Interestingly, as the chart guy here,
7:15
Speaker 2: I'm going to go ahead and say I don't care
7:17
Speaker 2: if clarity passes or not. I see a window under
7:19
Speaker 2: both situations where Bitcoin can pull back, and I'll kind
7:23
Speaker 2: of explain my thinking there. But I'm watching this yellow
7:26
Speaker 2: line right here around fifty three thousand. This is a
7:29
Speaker 2: level I tagged months ago as the level to watch,
7:33
Speaker 2: and until I'm proved wrong, that is still my level
7:36
Speaker 2: I'm watching. Could we make it all the way down
7:38
Speaker 2: here towards forty seven. Maybe if we even extended down
7:40
Speaker 2: into December. Sure, but we're in a wedge at the
7:43
Speaker 2: moment right. Bitcoin's in a long term downtrend wedge. It's
7:47
Speaker 2: done this several bear markets. I'm not thinking like people
7:51
Speaker 2: calling for forty K or thirty K. I'm not saying
7:53
Speaker 2: it's literally impossible. I'm just saying I think that we
7:56
Speaker 2: can stay within this wedge formation. And let's just say,
8:00
Speaker 2: you know, let's say the Clarity Act passes, and let's
8:02
Speaker 2: be real here, what would happen is we would hear
8:05
Speaker 2: that it gets the close your vote and it's pretty
8:07
Speaker 2: much on its way to passing in the Senate. Then
8:10
Speaker 2: it'll pass the House that is going to trump what
8:11
Speaker 2: I see happening. If you go back to my chart here,
8:14
Speaker 2: I could see the Clarity Act popping to the upside
8:17
Speaker 2: and coming up to full resistance. And then what do
8:20
Speaker 2: we see happening? Crypto frequently sell the news events where
8:25
Speaker 2: everyone will be so bullish because the Clarity Act is
8:27
Speaker 2: going to be a big bullish catalyst. I could easily
8:29
Speaker 2: see us come down with a little bit of market manipulation,
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Speaker 2: hit that fifty three, hit the level the banks actually need.
8:35
Speaker 2: In fact, I'll give you one of the reasons why
8:37
Speaker 2: I think that we kind of need that pop up
8:39
Speaker 2: before that big move down. Not guarantee it's happening. I'm
8:42
Speaker 2: just saying it would make sense. It's because something that
8:44
Speaker 2: Blackrocks said the other day, and they said that the
8:46
Speaker 2: over leverage positions are running out. There's not a lot
8:49
Speaker 2: of over leverage longs right now. So what better to
8:52
Speaker 2: create some over leverage longs than some good news about
8:55
Speaker 2: the Clarity Act That pop us up hit a key
8:56
Speaker 2: level of resistance, and now you get a new target
9:00
Speaker 2: for the big players to go actually go down and
9:02
Speaker 2: get rid of them. And then retail I mean, I'll
9:04
Speaker 2: just tell you this right now, Paul, You'll you know it.
9:06
Speaker 2: I know it. If Clarity comes and it does, like
9:09
Speaker 2: I'm saying, we reject and start to fall to new lows,
9:12
Speaker 2: the pessimism from retail investors will hit an all time low.
9:17
Speaker 2: It'll be the lowest we've ever seen, which is the
9:19
Speaker 2: perfect catalyst for banks to be able to buy the
9:22
Speaker 2: dip with no competition, and then the bull market takes off,
9:24
Speaker 2: leaving retail behind.
9:25
Speaker 1: Bengo. Yeah, well that may be there's two catalysts that
9:28
Speaker 1: could happen here regardless if Clarity does look past and
9:31
Speaker 1: of course we're looking at the odds of that right
9:33
Speaker 1: here on polymarket still dumping down to its lowest yet
9:37
Speaker 1: twenty five percent, and voters are finally starting to care
9:42
Speaker 1: about Trump's corruption, is what she's saying. Trump's response using
9:46
Speaker 1: the president to de boost the family crypto business. If
9:49
Speaker 1: you guys know, you've been following us, but fifty five
9:52
Speaker 1: percent of voters disapprove of his crypto earnings.
9:55
Speaker 2: Listen, I'm one of them, Paul, I'm one of the
9:58
Speaker 2: people who disapproves. But I put a twet you know
10:00
Speaker 2: about this this last week, and this is just the
10:03
Speaker 2: idiocy of the United States government. It's it's this thing
10:06
Speaker 2: is like, you're complaining that Donald Trump did all of
10:10
Speaker 2: this stuff illicitly with crypto, and we can have arguments
10:13
Speaker 2: on ethics, like, yeah, sure he was unethical with how
10:15
Speaker 2: he did some things, but he was one hundred percent
10:18
Speaker 2: within the law the law. We need a Clarity Act
10:20
Speaker 2: to prevent Donald Trump or a d when he did ever.
10:23
Speaker 1: Again, well, think about the yeah, think about the concessions
10:27
Speaker 1: he's putting out there now. It would have essentially preempted
10:31
Speaker 1: it from halfa So it was really our fault for
10:36
Speaker 1: not doing it. And when I say our meaning the voters, yeah,
10:40
Speaker 1: and the representatives that they put in office. Unfortunately, that's
10:43
Speaker 1: our own fault that we put people in office that
10:45
Speaker 1: don't understand this. This should have went to you know,
10:48
Speaker 1: went to the Senate last August and got completely done.
10:51
Speaker 1: So this is always it's always our government tim going
10:56
Speaker 1: too slow because they're too big. Don't get me going
10:59
Speaker 1: on too big government, just too much. However, speaking of
11:03
Speaker 1: too big government, I got to play a clip for
11:05
Speaker 1: you now. This clip is Bernie Sanders, and I know
11:09
Speaker 1: a lot of you like Bernie out there, so that's okay.
11:12
Speaker 1: But this right here, guys, is simply elderly abuse. Take
11:16
Speaker 1: a look.
11:19
Speaker 3: What is crypto and what are your concerns about crypto?
11:23
Speaker 4: It's used for the regular public for gambling, and it's
11:28
Speaker 4: used for crime.
11:29
Speaker 3: You're telling me there is no foundation of that. In
11:32
Speaker 3: terms of crypto, it's simply will look down, will I
11:35
Speaker 3: make money? Not nothing there?
11:38
Speaker 4: Yeah, exactly. It's a mean in crypto called number go up.
11:41
Speaker 4: That's basically all of all. It's about, tell.
11:50
Speaker 3: Us if what I do know is. I mean, what
11:58
Speaker 3: do the defender of Crypto, how do they respond to them?
12:02
Speaker 5: What is Iran using that money that they're getting from Crypto.
12:05
Speaker 5: They're using it to buy drones, to buy bombs to
12:08
Speaker 5: kill our soldiers. I'm the stupid worthy started. It's just
12:11
Speaker 5: outrageous and traitorous. I would say treason us.
12:14
Speaker 3: That that is really a stray What are the whites for?
12:19
Speaker 3: What are your shows? Wrote us? He would say, no,
12:22
Speaker 3: people won't believe it, right, all.
12:25
Speaker 1: Right, So another larp out there kind of trying to
12:29
Speaker 1: pitch Bernie on where Crypto really is. The good thing
12:32
Speaker 1: is Bernie was actually trying to find out. I think
12:34
Speaker 1: he's heard things now that hey, cryptos like any other market,
12:37
Speaker 1: you know, Bernie, it works up, it works down. This
12:40
Speaker 1: is not an intentional way to do the bad deeds
12:43
Speaker 1: of the world, which is the problem. This is just abuse.
12:47
Speaker 1: These people should be ashamed of themselves.
12:50
Speaker 2: Well, but it just it further goes to prove what
12:52
Speaker 2: I just said. Again, this guy and I don't even
12:55
Speaker 2: know the real actor's name. I just know he plays
12:57
Speaker 2: Captain Gordon in the Batman Show. Again with another example
13:02
Speaker 2: of our actors of America seem to be thinking their
13:04
Speaker 2: thought leaders. He has a sign back there about stopping
13:07
Speaker 2: Donald Trump's illegal cryptoc tivity. Here's the problem, Captain Gordon.
13:12
Speaker 2: Everything Trump has done up to this point has been
13:15
Speaker 2: one hundred percent legal. Why because there's no law in
13:17
Speaker 2: the United States against it? In a game bringing the
13:21
Speaker 2: get the Claritiact pass and all of sudden he can't
13:22
Speaker 2: do anymore. But that's okay. Actors in Hollywood are making
13:25
Speaker 2: the points we have a problem.
13:26
Speaker 1: Yeah, well, exactly to the point you're mentioning there. Uh,
13:30
Speaker 1: Now you listen to that clip. This is former Barclay's CEO.
13:33
Speaker 1: Take a look.
13:35
Speaker 6: A number of the banks that have been investing will
13:37
Speaker 6: be big winners in this, and a number of the
13:40
Speaker 6: infrastructure firms Circle is an example in the stable coin,
13:44
Speaker 6: I think hyper liquid is a great example in blockchain
13:47
Speaker 6: will also be winners.
13:49
Speaker 1: All right, So now you have major bankers on CNBC
13:54
Speaker 1: actually saying banks are going to invest in this, They're
13:57
Speaker 1: already investing in this, They're going to make major on this.
14:01
Speaker 1: What is the issue here that you see that kind
14:05
Speaker 1: of polar opposite narrative out there basically picking on Cenator Sanders.
14:12
Speaker 1: And then you have major mainstream financial news out here
14:15
Speaker 1: saying no, this is this is the future, and this
14:17
Speaker 1: is where it's going.
14:18
Speaker 2: Get ready, Yeah, I mean, clearly one of them's right
14:21
Speaker 2: and one of them's wrong. But I'll tell you another
14:23
Speaker 2: concerted effort, because a lot of times you'll hear conflicting
14:25
Speaker 2: thoughts on the exact same show. Confuse the average retail
14:30
Speaker 2: investor as much as possible, so that the wealthy and
14:33
Speaker 2: the elites get the head start and everybody else. Then
14:35
Speaker 2: when they're ready to sell, that's when we can just
14:37
Speaker 2: all come together and hold hands in se kumbay a
14:40
Speaker 2: on TB how great this asset class is. But then
14:43
Speaker 2: we're just selling the tops to back to the people.
14:45
Speaker 1: And take a look, just for instance, just look at
14:48
Speaker 1: what's going on with Robinhood. Okay, here's Bernstein they're talking with.
14:52
Speaker 1: Is sticking with this one hundred and sixty dollars price
14:54
Speaker 1: target on Robinhood. Remember robin Hood's trading right now around
14:57
Speaker 1: eighty bucks could be slipping under under eighty bucks soon
15:01
Speaker 1: when you look at this chart, going to the robin
15:03
Speaker 1: Hood chart and understanding the future of where they are,
15:07
Speaker 1: because remember, even within their most recent earnings call, they
15:13
Speaker 1: had not even mentioned Robin Hood chain to a certain
15:16
Speaker 1: extent of saying, Hey, here's what's going on over here. Yeah,
15:19
Speaker 1: what do you think about Hood in terms of a
15:21
Speaker 1: punt potential stock play.
15:23
Speaker 2: Yeah, Hood's one of my stock picks that I actually
15:25
Speaker 2: really do like for this upcoming bull market. What I
15:28
Speaker 2: have at the moment, if you go to my screen here,
15:30
Speaker 2: we're gonna we're at a crossroad right now with Hood,
15:32
Speaker 2: and that is we're sitting right on this support level.
15:36
Speaker 2: And this support level is a part of a rising channel. Traditionally,
15:39
Speaker 2: rising channels do eventually break down. And if we break
15:43
Speaker 2: right now, my target will be back down here between
15:46
Speaker 2: sixty four to sixty bucks, give or take. I have
15:48
Speaker 2: a big green box obvious right there. But I'm not
15:51
Speaker 2: so fast to just say for certain that's going to happen.
15:53
Speaker 2: If we can mount some sort of bounce here and
15:55
Speaker 2: go back to the upside, all of a sudden, I'm
15:57
Speaker 2: going to look for targets up towards one thirty three
16:00
Speaker 2: one forty area, back up towards resistance in the bull market.
16:04
Speaker 2: You know, you talk about one sixty that report, was
16:07
Speaker 2: it one sixty for end of year or they were
16:09
Speaker 2: just saying that's a target for years to watch, because
16:12
Speaker 2: that's an easy target to get two and twenty seconds.
16:15
Speaker 1: Yeah, No, I think they're targeting by like end of year.
16:18
Speaker 1: Was the was the fun once? The double of where
16:21
Speaker 1: it is now?
16:22
Speaker 2: Yeah, that's a that's an easy target I think for
16:23
Speaker 2: end of year.
16:25
Speaker 1: So aggressive. If Robinhood continues to push in this direction,
16:28
Speaker 1: and you if you look at the correlated digital asset
16:32
Speaker 1: to this, it's going to be ethereum just because of
16:34
Speaker 1: what's happening within the Robinhood chain.
16:37
Speaker 2: How would you go?
16:38
Speaker 1: Okay, so would you bet on Hood or would you
16:40
Speaker 1: bet on eth? If you can only choose one of
16:42
Speaker 1: these right now? How would you chart eight comparatible to Hood?
16:46
Speaker 1: Because I mean, do you think eight doubles by end
16:48
Speaker 1: of year? Even if we're dealing with pressure from Clarity?
16:52
Speaker 2: Yeah, we're so we're talking about a thirty six thirty
16:55
Speaker 2: seven hundred dollars ethereum. I I think it's doable. I'm
17:00
Speaker 2: not gonna say that's not doable. I mean we're talking
17:02
Speaker 2: about prices we were just at back here in January.
17:04
Speaker 2: So I don't think thirty I don't think thirty six,
17:08
Speaker 2: thirty seven one hundred is that ridiculous. I'll say, from
17:11
Speaker 2: a chart perspective, I really like what Ethereum during it.
17:14
Speaker 2: Now I'm waiting for confirmation of this move move. But
17:17
Speaker 2: remember I told you earlier, Bitcoin still pretty far behind
17:20
Speaker 2: the bear market trend line right the red line of
17:22
Speaker 2: the falling wedge pattern. It's still got a lot, a
17:24
Speaker 2: lot of ways to go to get up to it.
17:26
Speaker 2: Ethereum is one of the coins, and there's multiple that
17:29
Speaker 2: has recently broken above it. But I don't ever just
17:31
Speaker 2: go with the first breakout. I need to see confirmation,
17:34
Speaker 2: I see a sign of strength. I need to see
17:35
Speaker 2: volume coming. You can see here on the grand scheme
17:38
Speaker 2: of things, we haven't had a volume push on ethereum,
17:40
Speaker 2: so we could very easily fall back here and come
17:43
Speaker 2: back down towards fourteen hundred. But if we can get
17:46
Speaker 2: a volume push and spike up here and put in
17:49
Speaker 2: a higher high again, I'll you know, Tom Lee has
17:53
Speaker 2: told us since December the bottom was in. He's been
17:55
Speaker 2: wrong every single time, but he said it again the
17:56
Speaker 2: other day. And there's that old saying broken clocks are
18:00
Speaker 2: twice a day. If we can get this push on ethereum,
18:03
Speaker 2: I think there's a chance that Finally, Tom Lee is
18:05
Speaker 2: right now. Does that mean the theory won't have a
18:07
Speaker 2: pullback later this year with bitcoin? Does no? I think
18:09
Speaker 2: bitcoin or ethereum with this pop up could pop up
18:12
Speaker 2: closer to twenty two hundred, pull back down to seventeen hundred.
18:16
Speaker 2: But seventeen hundred, of course, do quick math is higher
18:19
Speaker 2: than fifteen hundred, which is the current bottom. I like
18:22
Speaker 2: what ethereum looks like right now. It's not out of
18:24
Speaker 2: the woods. I'm not ready to say that's it bottom
18:26
Speaker 2: in the way Tom Lee is right now, but I
18:29
Speaker 2: do think it is one good pump and a show
18:31
Speaker 2: of force to the upside. Away from saying yeah, I
18:34
Speaker 2: think the bottom for ethereum's.
18:35
Speaker 1: In, Well, there you go. Hey, let'sten. I have a
18:38
Speaker 1: couple of clips here that kind of go into something
18:41
Speaker 1: that's going on with hood because this is all correlated
18:44
Speaker 1: with eth I think. And one of them is an
18:47
Speaker 1: easter egg that happened the other day with Vlad when
18:51
Speaker 1: they were doing their earnings call. Take a look at this.
18:53
Speaker 7: What I wanted to do is just show you, give
18:55
Speaker 7: you a little tour, and we make it easy to
18:58
Speaker 7: add funds, deposit with w and place trades. The other
19:02
Speaker 7: thing I'm very excited about is uh stock tokens. So
19:09
Speaker 7: here I'll show you what they look like. I should
19:12
Speaker 7: clarify I like memes as well.
19:16
Speaker 1: All right, So for you guys that know, you know,
19:19
Speaker 1: cash Cat absolutely went up cratered. It's had this meme
19:24
Speaker 1: style approach. I don't know if that was on purpose
19:27
Speaker 1: or not, but during that demo you saw the most
19:30
Speaker 1: recent search right there, cash Cat, right on Vlad's phone.
19:33
Speaker 1: So yeah, could it be something? Is there something coming
19:37
Speaker 1: for another meme token within Robinhood?
19:39
Speaker 2: What do you think there's always going to be real?
19:42
Speaker 1: This would be another game stop type level. You also
19:45
Speaker 1: have to look at Robinhood in general. I mean, Robinhood
19:48
Speaker 1: is going to make money on the trade itself, so
19:50
Speaker 1: transaction volume is how they do it. This of course
19:53
Speaker 1: translates to stock price at some point because earnings numbers
19:57
Speaker 1: are going to just continue to skyrocket. I'll show you
19:59
Speaker 1: something here in a second on the robin Hood chart.
20:03
Speaker 1: But take a look at this clip because this is
20:05
Speaker 1: multiiconc capital talking about Robinhood. Take a look.
20:08
Speaker 8: What I think memes signify is legitimacy amongst the specific
20:13
Speaker 8: cohort of people cash Cat. They have won the respect
20:16
Speaker 8: of the people who are native to the space.
20:20
Speaker 5: I even see crypto people on the timeline talking about
20:23
Speaker 5: how corporate coinbase is.
20:25
Speaker 8: That is something in the DNA of Robinhood as an
20:28
Speaker 8: organization that is more attuned to its customer base than
20:33
Speaker 8: I have seen for any product of its kind. Like
20:35
Speaker 8: if you had asked me four months ago whether the
20:37
Speaker 8: metrics on robin hood chain would look the way they
20:39
Speaker 8: look right now, I would have said, there's no chance.
20:41
Speaker 8: Part of the reason you haven't seen anything publicly is
20:44
Speaker 8: because we've been looking for opportunities to add more to
20:47
Speaker 8: the position and potentially size it up at seventy I
20:50
Speaker 8: would have loved to, like put out our thesis, but
20:52
Speaker 8: that would have impeded our ability to acquire the position.
20:55
Speaker 8: I think there will come a time to tell that story.
20:57
Speaker 8: That time just hasn't come just yet.
20:59
Speaker 9: In hindsight, I Facebook's move from one hundred billion to
21:02
Speaker 9: a trillion may have been its easiest ten next because
21:04
Speaker 9: it had already reached scale.
21:06
Speaker 7: I like where this is going as Robinhood.
21:09
Speaker 9: What will it take for Robinhood to surpass market caps
21:12
Speaker 9: of legacy financial institutions? And do you see AI supercharging
21:15
Speaker 9: your global domination plans.
21:18
Speaker 7: Some board members in the audience too getting I don't
21:21
Speaker 7: think a financial company has ever hit a trillion market cap,
21:25
Speaker 7: but I think it can be done, all.
21:28
Speaker 1: Right, So yeah, I mean vlad kind of targeting. This
21:31
Speaker 1: thing could be big. It could be one of the stars. Maybe.
21:36
Speaker 2: Ever, it's never happened before because the world has always
21:40
Speaker 2: been run by banks. But now that crypto exists, any
21:44
Speaker 2: financial entity that it can take some control of crypto
21:47
Speaker 2: or embraces crypto, taken inflation. You know, a lot of
21:51
Speaker 2: things can't be done when the dollar actually has value,
21:53
Speaker 2: But now the dollar is losing value. I think a
21:54
Speaker 2: lot of companies can go over a trillion dollars. I
21:58
Speaker 2: think Robinhood could be one of the first, though I do.
22:00
Speaker 1: Think first pr Tim. Let's take a look at the
22:02
Speaker 1: Salona charts.
22:03
Speaker 2: So Solana is one of these charts that actually got
22:07
Speaker 2: above its bear market trend line a couple of weeks ago,
22:10
Speaker 2: way back over here in the first week of July. Now,
22:14
Speaker 2: it has not had a full force push yet, so
22:18
Speaker 2: I'm not going to say it's impossible for it to
22:20
Speaker 2: come down and hit new lows. But one of things
22:22
Speaker 2: I love about it, I know, I've got a lot
22:23
Speaker 2: of chaos going on, but you can see some of
22:25
Speaker 2: these lines have been relevant for resistance and everything else.
22:28
Speaker 2: Take a look at how the price has reacted. I
22:30
Speaker 2: can get rid of these ones. I can get rid
22:32
Speaker 2: of these lines. Makes it real clear. Take a look
22:33
Speaker 2: how price has reacted since getting above the red line.
22:37
Speaker 2: We have now bounced on it, one, two, three times.
22:39
Speaker 2: Right now as we're watching it, Solana is deciding if
22:43
Speaker 2: it wants to turn bullish again on the daily chart
22:45
Speaker 2: and several others. As we're running into a long term
22:48
Speaker 2: trend of uptrending support right now. So you look at this,
22:51
Speaker 2: you look at Solana, and you say, Okay, pretty brutal
22:54
Speaker 2: bear market, just like the rest of the crypto space,
22:56
Speaker 2: despite the fact that fundamentally Solana continue to position itself
23:00
Speaker 2: for a fantastic run when the bullshes comes back. Now
23:04
Speaker 2: you see the sign of strength with the breakout, a
23:07
Speaker 2: sign of see a floor rising, right, So you have
23:10
Speaker 2: this concept of like the ceiling hasn't been broken yet,
23:14
Speaker 2: but the floor keeps rising with Solana about where the
23:17
Speaker 2: key support is. I think Solana is in a great
23:21
Speaker 2: spot to say, fundamentally, this is something that's gonna rip
23:24
Speaker 2: to the upside price wise. It has not had its
23:28
Speaker 2: mooning event just yet. It hasn't had its Oh my gosh.
23:31
Speaker 2: Solana is fantastic. That matches with the fundamentals. So that's
23:35
Speaker 2: why I'm a big believer in studying the charts, but
23:38
Speaker 2: also understanding the fundamentals. And when you can find a
23:42
Speaker 2: fundamentally strong project with a catalyst like tokenization and Clarity
23:47
Speaker 2: Act potentially coming soon, mixed with a minor sign of
23:51
Speaker 2: strength to give you some confirmation but still a lot
23:54
Speaker 2: of weakness, that equals potential and opportunity to me, I
23:58
Speaker 2: don't want to miss out on all.
23:59
Speaker 1: Right, Tam as promised, and we've talked about the Lightning
24:02
Speaker 1: rounds before. If you're brand new the show, we do
24:04
Speaker 1: these with Tim and a handful of other people that
24:08
Speaker 1: we trust out there. We're gonna go ahead and start
24:11
Speaker 1: the Lightning round today with Tim. The first one I
24:13
Speaker 1: have here, Tim is Clarity is put up for a
24:15
Speaker 1: vote next week, yes or no.
24:19
Speaker 2: Put me in the middle, because let's say yes, but
24:22
Speaker 2: I want to stretch it because I technically could drag
24:24
Speaker 2: it into like the eighth or ninth, because they could
24:26
Speaker 2: decide to delay the recess. I think it is voted
24:29
Speaker 2: on in the next week, and some change. Whether it
24:31
Speaker 2: gets voted on before the eighth or not, I'm not
24:33
Speaker 2: certain on yet.
24:34
Speaker 1: All Right, I'm gonna go yes on this. I think
24:36
Speaker 1: they have too much to lose. Thune is gonna shield
24:40
Speaker 1: the Republicans by not delaying the Senate recess.
24:46
Speaker 2: I mean, it depends on how things play out. But
24:48
Speaker 2: I think he's serious. I think he's met with Trump,
24:52
Speaker 2: and I think they're very serious about getting certain agenda
24:54
Speaker 2: points voted on. So now the question becomes he pushes centers, Hey,
24:58
Speaker 2: do you want to go on vacation earlier? You want
25:00
Speaker 2: to stick around later by not playing ball. It all
25:03
Speaker 2: comes down to do they get the votes done. If
25:05
Speaker 2: they don't, it extends if they do get the votes
25:07
Speaker 2: done and everyone can leave on the eighth. Yeah, so yes, yeah,
25:12
Speaker 2: let's go.
25:12
Speaker 1: Yes, all right, I'm gonna stay in the camp with you.
25:16
Speaker 1: Let's go into this one right here. Clarity has a
25:18
Speaker 1: double has double the odds of the Save Act passing.
25:24
Speaker 2: I don't even know how to answer that question. I
25:26
Speaker 2: don't think about the Save Acts that much. I just
25:28
Speaker 2: kind of stick the crypt what's your answer? I might
25:30
Speaker 2: just I might.
25:30
Speaker 1: Just I think Clarity definitely has better odds to.
25:34
Speaker 2: I trust you. Then let's all go in your camp.
25:36
Speaker 2: We'll go all right, there we go.
25:40
Speaker 1: After all the political lifting, Coinbase does to pass, the
25:43
Speaker 1: Clarity Hood ends up pumping harder than Coinbase. What do
25:47
Speaker 1: you think?
25:47
Speaker 2: Agree? When I set up my beginner friendly portfolio, we
25:52
Speaker 2: were looking at stocks and I was down to one
25:54
Speaker 2: of those two and I chose Hood over coin So
25:56
Speaker 2: I'm gonna double down and say, yeah, oh.
25:58
Speaker 1: Well, let me ask you, if you are going to
26:00
Speaker 1: go to a centralized exchange, are you in Hood or
26:03
Speaker 1: are you in Coinbase.
26:04
Speaker 2: Yeah, that's a good point. I do a lot of
26:06
Speaker 2: my stuff via tu bit now, but I have a
26:09
Speaker 2: coin based account. I have a robin Hood account, but
26:11
Speaker 2: robin Hood's not funded coinbas well.
26:13
Speaker 1: The problem is robin Hood's list of assets. They're still
26:17
Speaker 1: which Beta play pumps harder. If Clarity passes next week,
26:21
Speaker 1: do you think it'd be bmin R or UNI swap?
26:27
Speaker 2: Oh goodness, gosh.
26:35
Speaker 1: Come on, damn, come on.
26:37
Speaker 2: You got to go just because it's it's new, and
26:40
Speaker 2: I think there's not a lot of faith in it.
26:41
Speaker 2: But I think if you get that good news. You
26:44
Speaker 2: can get a pop there. All right, I'm gonna go
26:46
Speaker 2: un but I'm gonna go B, M and R.
26:48
Speaker 1: All right, I'll go UNI swap on this one. Clarity fails,
26:53
Speaker 1: XRP collapses below a dollar because this has been the
26:56
Speaker 1: defense line in the sand right now for XRP.
27:01
Speaker 2: Yes, XRP will temporarily collapseboard dollar below before the SEC
27:06
Speaker 2: and the CFTC step into bails them out.
27:09
Speaker 1: Yeah, save the day. I agree with you. I think
27:12
Speaker 1: the SEC will get in and say, okay, all right,
27:14
Speaker 1: clarity these Washington, We're gonna start making rules and we're
27:18
Speaker 1: gonna let you do this in this Yep, yeah, all right,
27:22
Speaker 1: here we go. SEC is ready to unleash to our
27:24
Speaker 1: point several proposals the day after clarity fails.
27:29
Speaker 2: Yep. Likely. If there was an option for very, likely,
27:33
Speaker 2: I would put very.
27:34
Speaker 1: I'm totally with you there, bro, winning over progressive Dems
27:37
Speaker 1: would have been easier than winning over the corporate Dems
27:40
Speaker 1: beholden to the banks. What do you think you think
27:43
Speaker 1: that was a miscalculation.
27:45
Speaker 2: Huh, Yes, I think winning over progressive Dems would be
27:50
Speaker 2: easier because the corporate Dems are just they just care
27:54
Speaker 2: about where the paychecks coming down.
27:56
Speaker 1: I agree with you. I think they made a mistake
27:58
Speaker 1: there on not going after the right Ones. Citadel and
28:01
Speaker 1: the Leopold drama proves crypto is bored and lacks narrative
28:05
Speaker 1: Right now.
28:06
Speaker 2: Yep, it is boring and uh not a lot of
28:10
Speaker 2: retail staying around, but no far make money.
28:13
Speaker 1: All right, So you got the bit one ten civil
28:15
Speaker 1: war right now with bitcoin? It ends in eight days.
28:17
Speaker 1: What happens bitcoiners unite, institutions will return and say, okay,
28:22
Speaker 1: everybody's playing nice now, or institutions learns that the devs
28:27
Speaker 1: aren't equipped for the quantum threat and they start concerning themselves.
28:32
Speaker 2: I think the institutions return. I think that the bitcoin's
28:35
Speaker 2: gonna fly a long term. I don't think anybody who
28:39
Speaker 2: really knows what they're doing is genuinely concerned about quantum.
28:42
Speaker 2: I think quantum was a whole fud movement just to
28:46
Speaker 2: discourage investors to have an excuse to drop price down.
28:50
Speaker 2: We had a lot of time and a lot of
28:51
Speaker 2: resources to solve that problem before it's a real threat.
28:54
Speaker 1: All right, here we go. Kevin Warsh will not high
28:57
Speaker 1: grates for the entire remainder of his presidents of Trump's president.
29:01
Speaker 2: Yeah, as you had said the rest of the year,
29:03
Speaker 2: I was ready to say it.
29:06
Speaker 1: For the rest of the two years. He's not hiking rates.
29:08
Speaker 2: I'm just I'm thinking through the dominoes of how things
29:11
Speaker 2: could go. I'll say agree, because I don't think I
29:15
Speaker 2: think the I think the recession fear was twenty the
29:19
Speaker 2: end of twenty five and twenty six. Yeah, I think
29:21
Speaker 2: we're in a good spot.
29:22
Speaker 1: Okay, So I'm in between agree and disagree, but only
29:26
Speaker 1: because of this. If if things get worse in Iran,
29:32
Speaker 1: that's my fence. You know, that's the issue right now.
29:35
Speaker 1: If he gets worse in Iran, then it's gonna cost
29:39
Speaker 1: so much pressure here in the US. I think supply
29:41
Speaker 1: chain starts gets and once you start seeing that, you know,
29:44
Speaker 1: the inflation thing gets out of hand, and then there
29:46
Speaker 1: you go.
29:46
Speaker 2: Unless they figure out a supply workarounds.
29:49
Speaker 1: Well, okay, let's see it. I haven't seen it yet.
29:52
Speaker 1: Let's see it.
29:52
Speaker 2: But there's just there's conversations about it.
29:54
Speaker 1: Oil goes above one hundred bucks once more. We've seen
29:57
Speaker 1: this before.
30:00
Speaker 2: Yes, it goes back above one hundred bucks. Here's what
30:03
Speaker 2: I'll say, Donald Trump does not want it to go
30:06
Speaker 2: above one hundred bucks, so.
30:07
Speaker 1: Would destroy the midterms. Goes to one hundred.
30:09
Speaker 2: Bucks, so I'm gonna I'm gonna go with no. I
30:13
Speaker 2: think Donald Trump almost always has more cards of his
30:16
Speaker 2: sleeve than he lets people know. But I won't say
30:19
Speaker 2: that's a strong no. I think I'm kind of leaning
30:21
Speaker 2: towards the middle on that no. But I'm I just
30:25
Speaker 2: I feel like he had to trick up his sleeve there.
30:26
Speaker 1: What if I changed the question and say all goes
30:30
Speaker 1: above one hundred before mid terms?
30:33
Speaker 2: Yeah, that's why I'll say no. I think he I mean,
30:36
Speaker 2: he literally went back to war with them, and then
30:38
Speaker 2: we had such a fast spike. He went on are
30:40
Speaker 2: his own little ceasefire to cool everything off.
30:43
Speaker 1: I'm gonna I'm gonna be on the know as well,
30:46
Speaker 1: but reluctantly, I'm still concerned about what's going on, and
30:50
Speaker 1: I ran, all right, so here we go right there?
30:55
Speaker 1: All right, here we go. What will anthropic AI expose
30:58
Speaker 1: or hack by year end blockchain or a Ledger wallet,
31:05
Speaker 1: oh wow, or any self custody for that matter. What
31:08
Speaker 1: do you think it would?
31:10
Speaker 2: You know, what, it would make sense to hack a
31:13
Speaker 2: Ledger wallet because that would be even more of a
31:16
Speaker 2: reason for institutions to push why you should custody your
31:20
Speaker 2: crypto with them instead of a cold wallet.
31:23
Speaker 1: So you see, you're doing your thinking three D chess
31:27
Speaker 1: stuff here. Now look for the bad guys to show
31:30
Speaker 1: the narrative ahead of everybody else, which is listen. You
31:33
Speaker 1: can always trust one thing in the markets, Tim, and
31:37
Speaker 1: that's simple. It's corruption unfortunately. All right, you guys know
31:41
Speaker 1: what to do. Make sure your like and subscribe and
31:43
Speaker 1: hit this guy's channel over on YouTube. You can find
31:47
Speaker 1: him at Tim Warren Trades. It's the place to catch
31:51
Speaker 1: them all. Are you still in the process of doing
31:55
Speaker 1: lives with your member groups or how do you do
31:57
Speaker 1: the member group program? What's that look like?
31:59
Speaker 2: Yeah? So with our member group, we have live trading
32:02
Speaker 2: sessions daily between me and some other pro traders. We're
32:06
Speaker 2: in there a lot. We have a very active discord.
32:09
Speaker 1: Listen, guys, community is the way to build, especially in
32:12
Speaker 1: this business, and you know what to do. Make sure
32:15
Speaker 1: and drop some comments down below. We Tim, thanks for
32:19
Speaker 1: coming into that. We appreciate it absolutely. Thanks for having me, Paul.
32:28
Speaker 1: If you like this video, hit like and subscribe, drop
32:31
Speaker 1: a comment down below, and also join our free private
32:34
Speaker 1: member group. The link is in the description