TRANSKRIPTIO 🔗
WEBVTT
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Language: en
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Catalysts are on the way, could impact
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the market, and there's a lot of things
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that are leading into some very
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interesting narratives. We'll break it
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down for you guys today. Before we do
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that, I want to thank our sponsor, and
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well. So, just use our link down below.
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It's going to give you a $100 funding
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to have to start tax planning soon. And
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IAS are one of the diversification
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things that you should be doing to set
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yourself up for success. Let's get
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started. I want to bring in Tim Warren
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coming in from Tim Warren Trades. How
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are you
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>> doing? Good, Paul. How you doing?
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>> I'm excellent, man. We're gonna we're
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gonna lock in on a couple of uh digital
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assets here, but we're also going to
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take a look at some of the markets as
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well for everybody. By the way, if you
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guys are not following Tim, jump over to
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his YouTube channel
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>> right now here on the front. Tim Warren
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Trades right there. We are going to
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break 70,000 subs. Let's go there, bro.
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We need to break 70K.
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Uh and before you know it, we're gonna
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be gonna be popping.
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>> We did tell our community. We told our
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community. So, we have like what uh
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about nine more days. If we get to 68, I
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think we need like 400 more subscribers.
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>> 68,000. We'll give away $500 to one of
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our subscribers uh next week. So,
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>> let's go, guys. Come on. Let's get
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there. Get there. 500 bucks is in the
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bag. Here we go.
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>> Yeah.
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>> Um All right, Tim. Let's let's take a
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look at some things because this is
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happening right now. You had a pretty
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bad selloff today.
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>> Wall Street 790 billion wiped out. uh
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looking at right now nearly a trillion
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wipeout across six major Asian markets
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as well.
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>> This thing got to be a rampid problem
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across the globe. And you're looking at
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not only that, but now it's starting to
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bleed into crypto. Obviously, we've seen
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the situation occur around Bitcoin. Uh
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US markets 1.1 trillion wiped out today.
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Uh the S&P down 980.
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Uh Nvidia down 200 bill. SpaceX down 130
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billion. I think there's some reasons on
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that though and we'll talk about that.
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>> Uh Meta also down 110 10 billion wiped
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out. What first of all when you saw the
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market moving this morning like what we
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are seeing what was some of the
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catalysts that you were considering that
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were underway that were causing this?
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>> Yeah. Well, I mean the first thing
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obviously so when I woke up this morning
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I check charts, right? That's what's
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usually one of the first things I do in
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the morning. And I saw that markets were
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down. In in my show yesterday, we told
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our community there were some daily buy
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signals we like. There's actually some
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really good things. You'll see
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yesterday's video. It said breakout
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confirmed. We broke a lot of resistance.
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We are forming some daily buy signals
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that historically I I never promise
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anyone anything. There's always a chance
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that it fails and it gets
Load full transcript
invalidated.
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But daily buy signals have been very
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good recently. So, I'm looking at this
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and I told my community, "Hey, let's get
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a pullback. We'll look for something
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maybe tomorrow or the next day." My
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brain was thinking like 825 83. So
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obviously we've come down lower than
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that. I am surprised by how low we've
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gotten. But the fact that we pulled back
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isn't the surprise to me. It's how
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strong. And then of course you go
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through the news and you see things like
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the Chinese stock market or the Chinese
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economy is technically in a uh in a uh a
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bare market because it's down 20%.
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>> All these hacks hack happening across
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Asian platforms. Um so that explains it
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a little better. Okay. So, let's go to
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the Bitcoin chart real quick because you
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had a tweet out there, Bitcoin on fire.
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I wasn't sure if you were talking on
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fire as in burning or on fire as in hot.
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Which which way were you going here?
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>> Yeah. Well, to be fair, this is my
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business partner tweeting from my
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account. He's our fun he's the the news
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guy, the fundamental guy. And obviously,
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we don't have the data today from what
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the inflows are doing, but in the last
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three days, meaning the the previous
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three days this week, Monday, Tuesday,
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Wednesday, over a billion dollars of
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inflows for Bitcoin ETFs. So, so there's
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been clear demand. Now, again, today we
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wake up, everything's down. We'll have
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to see tomorrow what the damage is. I'm
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sure there's some ETF selling off there,
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but the reality is institutional
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interest peaked here earlier this week.
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And yes, we're down right now, but like
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I just said, there's some catalyst out
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there. We were already anticipating a
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pullback yesterday. Is it more extreme?
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I'll show
you on the charts kind of what
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I'm thinking, what I'm looking at right
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here. So the first thing uh from a very
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structural standpoint, you know, you go
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back a couple days ago, Paul, I was
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still in the camp of saying I think 75K
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is is needed, maybe even coming all the
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way back down to the 200 day moving
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average. So if I end up being wrong
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about the confirmed breakout and the
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daily buy signal is invalidated, well,
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I'll just go right back to looking for
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75 to 72K or at this point 73K because
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that's where the 200 day moving average
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is. I'll go I'll go back there, right?
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But for right now, what I'm what I'm
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still watching is we were in let's go to
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the 4our charts. This looks a little
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cleaner, looks a little better. We were
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in a little bit of a falling channel
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pattern. If you look at my red line and
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green line right here, there was
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definitely constricted movements. Now,
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we broke out of this the other day back
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on the 20th combined with if you go back
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to the daily chart, my neuro wave
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indicator. And again, I won't spend a
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lot of time going into this, but we had
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a confirmed daily buy signal the other
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day. this green dot with the upflow in
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money. This is money flow right here.
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This red dot right here, it's flowing to
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the positive side. It's still bullish
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here today. The last couple of times
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we've gotten this, think back to
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September 18th, think back here to
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August 18th. Very, very bullish periods
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of time for Bitcoin. And in fact, again,
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I don't want to waste your time with
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this, but if you go back even in the
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bare market, it's not common. It
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happens, but like daily buy signals with
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this indicator have a roughly 80%
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probability of putting us at least back
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up to where the previous high was, if
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not going higher. So, when I see that
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indicator and I see the breakout, it
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leads me to be bullish. Now, what I like
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to do is I like to take a look at the
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two-day chart and decide when I buy once
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I see those daily buy signals. And and
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yesterday, you can see uh we'll we'll
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just look at the RSI. Look at how high
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we were yesterday, right? This is when I
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was doing my live show yesterday. This
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is where the RSI was. I'm like, I'm not
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buying an asset that has an RSI level
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way over 70 uh 70 points here. So, I was
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looking for a pullback. Guess what? The
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pullback has happened. What I'm curious
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and wondering about is were we just in
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this pullback because of the bad news in
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Asia, it could have easily bounced here
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around again 82 to even 80. Yeah, 82 or
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so, but we didn't. We went a little
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lower. Were we chasing some liquidations
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of long positions that were put in in
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position back here on October 20th? If
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this will load for me. There you go. You
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can see there's a nice looking order
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block sitting down here on 80,600. We
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just kissed it not long before doing
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this video. So, to me, I'm not ready to
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abandon the buy signal and the breakout.
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I do think we have a little bit of a a
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bearish move right here, but for me, the
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line in the sand's going to be this 80k
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mark, the bottom of my green box here.
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As long as we stay above that green, the
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bottom of that green box, we're good to
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go. I still think that this is a daily
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buy still. If we lose it, that's okay.
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I'll flip. I'm not a big believer that
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there's ever really a time to go all in
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until there's some And people are going
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to hate this. You're like, shouldn't you
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go all in at a bottom? You never know at
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the bottom if that's
the bottom. You can
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take an educated guess. You can look at
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analytics. You can look at charts. I'm a
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big believer of look at your key support
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levels and look at your key resistance
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levels. Buy extreme weakness at support
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or extreme strength of breakouts above
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resistance. So, did I buy some Bitcoin
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spot-wise the other day when we broke
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resistance and got that daily buy
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signal? Yes, I did. Was it a perfect
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buy? No, it was not. Where's my next buy
00:08:00.400 --> 00:08:02.309
going to be? My next buy is either going
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to be another break to the upside or all
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the way back down there at 75K. Why?
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because that is 75K is going to be where
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we come back into support. I'm going to
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buy support levels. I'm going to DCA in.
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But let's pretend, Paul, I had $10,000.
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I'm never $10,000 of dry powder. That is
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I'm never taking $10,000 dry powder and
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going all in right there. You might find
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me having conviction and saying, you
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know what, let's put like four to$5,000.
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Let's put like almost half of this in
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here because I do think this is the
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bottom. Sure, that's great. But I'm
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always going to hold at least a little
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bit u to make sure there's not something
00:08:34.479 --> 00:08:36.310
lower. And if you say like, "Well, Tim,
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how do you keep stacking?" Two ways.
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Number one, I day trade. So, I I have
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profits from shorts and longs. I stack
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and I keep adding dry powder. I also
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have a monthly income and I have this
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thing called a budget. Every single
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month, my wife allows me to take some of
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our income and put that towards buying
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dips when they happen. So, if you're
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looking for a way to always have cash in
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that dry powder bag, look to day trade.
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Look to have a budget. That's my advice
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for people. Well, and I think the the
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what people are asking right now is is
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has this bleeding ended? Is it going to
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stop? I'm still concerned right now that
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we've got a much larger macro headwind
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coming to us. And this could obviously
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be a catalyst coming out of China, which
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could of course introduce macro
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headwinds all the way going into US
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treasuries, which will of course start
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to affect the US.
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>> That's the the bigger concern. So I'm I
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still think we are going to see a sub
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80k Bitcoin again.
00:09:34.000 --> 00:09:35.910
>> It's possible at least it definitely is
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possible.
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>> I want to touch on midterms. Okay.
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>> Yeah.
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>> Because this is also looked at as
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possibly a correlation to what's
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happening in the crypto markets. I want
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to play uh saw one here. This is Schwab.
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>> On average, there's little impact of
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rising odds of a blue sweep in Congress
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impacting crypto prices. Looking at the
00:09:56.399 --> 00:09:58.389
correlation, there hasn't been much of a
00:09:58.399 --> 00:10:02.230
correlation between the two.
00:10:02.240 --> 00:10:03.590
>> All right, so I'm gonna kind of push
00:10:03.600 --> 00:10:05.590
back on this. Uh I think there is a
00:10:05.600 --> 00:10:08.389
correlation uh between the two. And if
00:10:08.399 --> 00:10:10.389
you just look at what's going on with
00:10:10.399 --> 00:10:13.590
poly market and where it has been when
00:10:13.600 --> 00:10:16.630
you consider these epic rises a lot of
00:10:16.640 --> 00:10:18.630
these moves if you go back here into
00:10:18.640 --> 00:10:21.190
this mid you know late August range and
00:10:21.200 --> 00:10:23.750
if you jump over if you jump over into
00:10:23.760 --> 00:10:25.509
you know mid late August right there I
00:10:25.519 --> 00:10:27.670
mean you've got an epic rise in Bitcoin
00:10:27.680 --> 00:10:29.269
right there coming up
00:10:29.279 --> 00:10:30.949
>> same kind of thing has happened right
00:10:30.959 --> 00:10:33.829
here around uh midepptember and then
00:10:33.839 --> 00:10:35.990
we've even seen this kind of this lower
00:10:36.000 --> 00:10:38.550
section right here where It's almost in
00:10:38.560 --> 00:10:40.150
alignment with these dips. Let me kind
00:10:40.160 --> 00:10:42.389
of zoom in on that for you guys. So, it
00:10:42.399 --> 00:10:45.030
has a lot of similarities to it. And the
00:10:45.040 --> 00:10:46.150
reason that people would say, "Well,
00:10:46.160 -->
00:10:48.949
wait a minute. Why is a Democratic party
00:10:48.959 --> 00:10:50.870
>> a good thing for crypto?" And I think
00:10:50.880 --> 00:10:53.269
it's a gridlock situation. If you think
00:10:53.279 --> 00:10:55.350
of what's happened with Clarity, which
00:10:55.360 --> 00:10:58.069
has been in reality good for crypto, I
00:10:58.079 --> 00:10:59.750
know Sailor just recently came out,
00:10:59.760 --> 00:11:00.949
probably one of the best things could
00:11:00.959 --> 00:11:03.430
have happened to crypto. This may be
00:11:03.440 --> 00:11:06.630
another advantage that gridlock is
00:11:06.640 --> 00:11:08.870
possibly going to face this and others
00:11:08.880 --> 00:11:11.269
and could push off everything you can
00:11:11.279 --> 00:11:14.389
imagine uh away from focusing on crypto.
00:11:14.399 --> 00:11:16.470
So hopefully Senator Warren
00:11:16.480 --> 00:11:18.230
>> would not be putting her crosshairs on
00:11:18.240 --> 00:11:19.910
uh on crypto after this.
00:11:19.920 --> 00:11:20.470
>> What do you think?
00:11:20.480 --> 00:11:21.910
>> The reality is when it comes to the
00:11:21.920 --> 00:11:23.509
markets and this type of stuff, Paul, is
00:11:23.519 --> 00:11:26.150
it perception does not equal reality and
00:11:26.160 --> 00:11:28.310
and the markets are way more about
00:11:28.320 --> 00:11:31.110
perception. Case in point, do you guys
00:11:31.120 --> 00:11:34.630
remember in 2024, fall of 2024, when the
00:11:34.640 --> 00:11:36.630
perception was that Donald Trump would
00:11:36.640 --> 00:11:38.150
be the greatest thing for the crypto
00:11:38.160 --> 00:11:40.630
markets? He wins the election, Bitcoin
00:11:40.640 --> 00:11:42.949
and altcoins rip up to the upside, and
00:11:42.959 --> 00:11:45.030
then day one of him being in office, he
00:11:45.040 --> 00:11:46.310
starts doing things that are bad for
00:11:46.320 --> 00:11:49.190
crypto. The reality is Donald Trump to
00:11:49.200 --> 00:11:50.790
this point has not been the greatest
00:11:50.800 --> 00:11:52.949
thing for crypto, but perception was
00:11:52.959 --> 00:11:54.870
that he would be. So, people are going
00:11:54.880 --> 00:11:57.670
to argue all day long, Paul, about if we
00:11:57.680 --> 00:11:59.430
should have Democrats in power or if we
00:11:59.440 --> 00:12:01.509
should have Republicans in power. Um,
00:12:01.519 --> 00:12:02.790
here's the two reasons why I think
00:12:02.800 --> 00:12:04.949
midterms should be bullish. Number one,
00:12:04.959 --> 00:12:06.710
let's pretend we live in a world, Paul,
00:12:06.720 --> 00:12:09.509
where Democrats are perceived to be bad
00:12:09.519 --> 00:12:11.670
for cryptocurrency. You just showed us
00:12:11.680 --> 00:12:13.190
those marks right there about
00:12:13.200 --> 00:12:15.110
predictions. Everyone right now is
00:12:15.120 --> 00:12:17.190
expecting Democrats to win. So, if
00:12:17.200 --> 00:12:19.110
that's the expectation, we're baking in
00:12:19.120 --> 00:12:20.870
ahead of time
that Democrats going to
00:12:20.880 --> 00:12:22.389
win. Therefore, maybe they're not
00:12:22.399 --> 00:12:23.430
bullish for it, but they're not going to
00:12:23.440 --> 00:12:24.629
hurt it either because we're already
00:12:24.639 --> 00:12:27.190
expecting it. On the flip side, like I
00:12:27.200 --> 00:12:28.870
said, perception is everything. We
00:12:28.880 --> 00:12:30.710
thought, we perceive that Donald Trump,
00:12:30.720 --> 00:12:33.190
a change in the guard from Joe Biden to
00:12:33.200 --> 00:12:34.389
Donald Trump would be bullish for
00:12:34.399 --> 00:12:36.870
crypto. Therefore, when he won, prices
00:12:36.880 --> 00:12:38.470
shot to the upside. I think there's a
00:12:38.480 --> 00:12:39.590
group of people out there are saying,
00:12:39.600 --> 00:12:41.030
"Look at what Donald Trump's done over
00:12:41.040 --> 00:12:42.310
the last two years. He's been terrible
00:12:42.320 --> 00:12:44.790
for crypto. We perceive that a flip back
00:12:44.800 --> 00:12:46.790
to Democrat leadership could actually be
00:12:46.800 --> 00:12:48.389
the most bullish thing for crypto.
00:12:48.399 --> 00:12:50.629
Therefore, there's a world in which I
00:12:50.639 --> 00:12:52.550
see the election going as planned.
00:12:52.560 --> 00:12:54.310
Democrats win everything and the
00:12:54.320 --> 00:12:55.910
market's ripped to the upside because of
00:12:55.920 --> 00:12:57.269
both sides of the coin. We were
00:12:57.279 --> 00:12:59.190
expecting it and there's a weird
00:12:59.200 --> 00:13:00.389
perception that people think it's going
00:13:00.399 --> 00:13:01.110
to be good.
00:13:01.120 --> 00:13:04.389
>> So, I guess the the question um would be
00:13:04.399 --> 00:13:06.470
is how does this, you know, lead into
00:13:06.480 --> 00:13:08.870
the midterms? Here we are October 22nd.
00:13:08.880 --> 00:13:10.470
We got a couple of weeks here before
00:13:10.480 --> 00:13:13.670
November 4th. Um, do you think we see
00:13:13.680 --> 00:13:16.389
another down a continued downtrend here
00:13:16.399 --> 00:13:18.310
before the midterms or do you feel like
00:13:18.320 --> 00:13:20.310
we might see a pump before the midterms?
00:13:20.320 --> 00:13:22.230
Where do you where do you land on that?
00:13:22.240 --> 00:13:23.910
>> It it depends on what we do here with
00:13:23.920 --> 00:13:26.710
80k. Like if we can if we can keep 80k
00:13:26.720 --> 00:13:28.550
support then we keep rallying into it.
00:13:28.560 --> 00:13:30.470
If we lose it, I'm looking for that 70
00:13:30.480 --> 00:13:32.629
75 72 73.
00:13:32.639 --> 00:13:34.069
>> All right. So let's jump over to China.
00:13:34.079 --> 00:13:35.590
And I want to reiterate a couple of
00:13:35.600 --> 00:13:36.870
things. This of course is kind of to
00:13:36.880 --> 00:13:39.269
your leaning into your thesis here. and
00:13:39.279 --> 00:13:40.710
China stock market officially entered
00:13:40.720 --> 00:13:42.710
the bare market. Uh we showed this
00:13:42.720 --> 00:13:44.629
earlier, but there's the AI trade down
00:13:44.639 --> 00:13:46.710
taking a beating. Uh and we've been
00:13:46.720 --> 00:13:49.030
following a lot of these tokens and a
00:13:49.040 --> 00:13:51.190
lot of these stocks that come out of
00:13:51.200 --> 00:13:53.030
China. If you jump down here, let me
00:13:53.040 --> 00:13:55.910
jump over to my my China chart. Uh a
00:13:55.920 --> 00:13:57.430
couple of these I want to hit on. First
00:13:57.440 --> 00:14:00.389
of all is the CSI 300 index. So this
00:14:00.399 --> 00:14:02.790
gets into a lot of that that really
00:14:02.800 --> 00:14:04.949
starts to take a look if we start to dip
00:14:04.959 --> 00:14:07.110
into this this being Chinese stock uh
00:14:07.120 --> 00:14:09.670
stock index. uh if we start to see this
00:14:09.680 --> 00:14:12.069
dip further, it's likely you're going to
00:14:12.079 --> 00:14:15.750
see a stimulus start to make its way in
00:14:15.760 --> 00:14:18.150
as China figures out a way to stimulate
00:14:18.160 --> 00:14:19.990
their economy because they cannot have
00:14:20.000 --> 00:14:23.189
this end up happening. And further into
00:14:23.199 --> 00:14:24.710
that, I just want to show you something
00:14:24.720 --> 00:14:27.430
here. Here is CXMT. This of course was
00:14:27.440 --> 00:14:29.590
on the weekly. Right? There's the bleed
00:14:29.600 --> 00:14:31.030
that we've been talking about. This is a
00:14:31.040 --> 00:14:32.470
one of the, you know, chip makers out
00:14:32.480 --> 00:14:34.790
there. Think of this as the micron of
00:14:34.800 --> 00:14:37.750
China. Uh you look at Samsung also had a
00:14:37.760 --> 00:14:40.310
bad day and bad week. Uh you got SKH
00:14:40.320 --> 00:14:42.389
Heinix also another manufacturer right
00:14:42.399 --> 00:14:45.110
there. Um let's take a look at BYD also
00:14:45.120 --> 00:14:46.949
dipping down which is the EV maker right
00:14:46.959 --> 00:14:48.870
there in China which has been dominating
00:14:48.880 --> 00:14:50.310
really overall
00:14:50.320 --> 00:14:52.470
>> but I want to go to a clip real quick
00:14:52.480 --> 00:14:54.870
and this will start to lead into why
00:14:54.880 --> 00:14:57.189
maybe there is a Chinese stimulus
00:14:57.199 --> 00:14:58.870
coming. Take a look.
00:14:58.880 --> 00:15:01.350
>> It might require a fiscal stimulus from
00:15:01.360 --> 00:15:03.189
the government to see a broad-based
00:15:03.199 --> 00:15:04.870
recovery in China economy. But if you
00:15:04.880 --> 00:15:06.710
look at the medium-term outlook over the
00:15:06.720 --> 00:15:08.790
next 5 year, China is going to spend
00:15:08.800 --> 00:15:11.829
$3.7 trillion when it comes to the six
00:15:11.839 --> 00:15:15.269
networks. That's 20% of China's economy.
00:15:15.279 --> 00:15:17.350
So I do think this pullback that we have
00:15:17.360 --> 00:15:19.590
seen in China, Asia hardware stocks,
00:15:19.600 --> 00:15:21.990
that's a buying opportunity.
00:15:22.000 --> 00:15:24.470
>> I
think that is the case is this is a
00:15:24.480 --> 00:15:26.550
buying opportunity. We did a whole China
00:15:26.560 --> 00:15:28.389
video yesterday. I think it was
00:15:28.399 --> 00:15:31.030
yesterday that we put it out. Uh really
00:15:31.040 --> 00:15:33.910
analyzing this ahead of what news came
00:15:33.920 --> 00:15:37.670
out today. Basically looking at what
00:15:37.680 --> 00:15:39.910
potentially could be lining up here as a
00:15:39.920 --> 00:15:41.189
major buy
00:15:41.199 --> 00:15:43.509
>> opportunity and it and this goes a
00:15:43.519 --> 00:15:44.790
little bit further. I don't know if you
00:15:44.800 --> 00:15:47.110
follow Lionus Tech Tips out there, you
00:15:47.120 --> 00:15:49.189
know, if you're like me. Okay. All
00:15:49.199 --> 00:15:52.870
right. So Lionus did a whole analysis on
00:15:52.880 --> 00:15:55.670
CXMT. This is an important part too
00:15:55.680 --> 00:15:59.749
because they could have a huge maybe
00:15:59.759 --> 00:16:01.590
indicator to a lot of the chip makers
00:16:01.600 --> 00:16:03.509
here in the US because of the
00:16:03.519 --> 00:16:04.949
competitive nature that I think they
00:16:04.959 --> 00:16:06.629
bring to the market. Let me play this
00:16:06.639 --> 00:16:10.150
clip from Lionus. I was, you know, kind
00:16:10.160 --> 00:16:12.470
of hopeful that CXMT having a bunch of
00:16:12.480 --> 00:16:15.110
capacity go online would like have some
00:16:15.120 --> 00:16:17.350
kind of an impact of some sort and
00:16:17.360 --> 00:16:19.430
instead it seems like what actually
00:16:19.440 --> 00:16:21.829
happened was all the supply that they
00:16:21.839 --> 00:16:23.430
could possibly muster
00:16:23.440 --> 00:16:24.550
>> doubled up
00:16:24.560 --> 00:16:28.230
>> immediately absorbed and uh if you can
00:16:28.240 --> 00:16:30.710
make semiconductors of any sort right
00:16:30.720 --> 00:16:32.949
now it is a license to print money you
00:16:32.959 --> 00:16:34.470
print as much of it as you can and
00:16:34.480 --> 00:16:35.910
someone will buy it and then you have
00:16:35.920 --> 00:16:39.590
money and CXMT is uh a beneficiary of
00:16:39.600 --> 00:16:41.910
that is going to surprise some people.
00:16:41.920 --> 00:16:44.949
The Korean and American companies
00:16:44.959 --> 00:16:48.550
underinvesting in capacity is going to
00:16:48.560 --> 00:16:51.110
be their downfall. It might take 5
00:16:51.120 --> 00:16:52.790
years, it might take 10 years, it might
00:16:52.800 --> 00:16:56.389
take 20 years. But in keeping the price
00:16:56.399 --> 00:16:59.990
of memory so high, they are effectively
00:17:00.000 --> 00:17:02.550
funding CXMT
00:17:02.560 --> 00:17:05.750
like ultimate takeover of the memory
00:17:05.760 --> 00:17:08.069
market. All right. So, the point he's
00:17:08.079 --> 00:17:09.429
getting at and the reason this is
00:17:09.439 --> 00:17:11.429
important to everybody out there is if
00:17:11.439 --> 00:17:13.909
you're considering the AI trade and the
00:17:13.919 --> 00:17:17.189
productivity of AI becoming a bleedin to
00:17:17.199 --> 00:17:19.110
what's happening in the crypto market,
00:17:19.120 --> 00:17:22.069
CXMT is going to become a new titan in
00:17:22.079 --> 00:17:24.069
the industry. Now, I I agree with Lionus
00:17:24.079 --> 00:17:25.750
there is that they right now they're
00:17:25.760 --> 00:17:28.390
just following the line of the market.
00:17:28.400 --> 00:17:30.230
market goes up and they're going to
00:17:30.240 --> 00:17:32.870
attack it and go up with the market, but
00:17:32.880 --> 00:17:34.950
they are now in a position, China, and
00:17:34.960 --> 00:17:37.029
this is their this is their golden child
00:17:37.039 --> 00:17:38.549
in terms of the stock market. This is
00:17:38.559 --> 00:17:41.909
their SpaceX. Um, I think they're going
00:17:41.919 --> 00:17:43.430
to have to get into a position where
00:17:43.440 --> 00:17:45.270
they have to become more competitive so
00:17:45.280 --> 00:17:46.630
they can start undercutting these
00:17:46.640 --> 00:17:49.350
companies, which puts more pressure on
00:17:49.360 --> 00:17:51.590
the US companies. This is all good for
00:17:51.600 --> 00:17:53.750
AI, I think, in general.
00:17:53.760 --> 00:17:55.430
it's going to cheapen a lot of these
00:17:55.440 --> 00:17:57.430
things and compute is one of the biggest
00:17:57.440 --> 00:17:59.270
problems that we're dealing with. So
00:17:59.280 --> 00:18:01.590
>> those are the things I'm I'm watching
00:18:01.600 --> 00:18:04.950
very closely and it gets into even
00:18:04.960 --> 00:18:06.870
what's going on with Salana because this
00:18:06.880 --> 00:18:09.190
all correlates. It's why I think you're
00:18:09.200 --> 00:18:11.430
seeing Salana put so much effort in
00:18:11.440 --> 00:18:13.190
connectivity to to what's happening in
00:18:13.200 --> 00:18:15.669
China. Applow launches now live on
00:18:15.679 --> 00:18:18.950
Salana mainet uh went from 12.8 seconds.
00:18:18.960 --> 00:18:21.830
This is insane man. 150 milliseconds.
00:18:21.840 --> 00:18:24.470
This is crazy in terms of the
00:18:24.480 --> 00:18:27.830
advancement of speed. They are now in
00:18:27.840 --> 00:18:30.870
lock step with the biggest pro, you
00:18:30.880 --> 00:18:33.110
know, companies out there in terms of
00:18:33.120 --> 00:18:35.270
just transaction speed for payments. So
00:18:35.280 --> 00:18:37.590
when you look at Salana
00:18:37.600 --> 00:18:40.470
>> on the chart right now, how does it fare
00:18:40.480 --> 00:18:43.830
for you? Yeah, I mean in a similar boat
00:18:43.840 --> 00:18:45.510
to Bitcoin, but what you're seeing today
00:18:45.520 --> 00:18:48.070
with with Salana is I don't know if it's
00:18:48.080 --> 00:18:50.150
the Alpenlow uh news that keep is
00:18:50.160 --> 00:18:51.909
keeping it from being as severe. I mean,
00:18:51.919 --> 00:18:54.630
Bitcoin right now is down 3.44% on the
00:18:54.640 --> 00:18:57.190
day. Salana only 3.1, right? So like
00:18:57.200 --> 00:18:59.909
Solana in the pullback isn't even as
00:18:59.919 --> 00:19:01.669
severe as Bitcoin. That's actually quite
00:19:01.679 --> 00:19:03.510
surprising. Maybe that's a sign of like
00:19:03.520 --> 00:19:05.750
people aren't as bearish there. Salana
00:19:05.760 --> 00:19:07.029
very similar to Bitcoin. There's a lot
00:19:07.039 --> 00:19:09.190
of similarities across multiple crypto
00:19:09.200 --> 00:19:11.510
charts. had a daily buy signal here the
00:19:11.520 --> 00:19:13.270
other day. Broke above a trend of
00:19:13.280 --> 00:19:14.950
resistance. Told the community
00:19:14.960 --> 00:19:16.150
yesterday, hey, we're looking for a
00:19:16.160 --> 00:19:18.630
pullback on Salana as well. Um, this
00:19:18.640 --> 00:19:20.549
one's a little more realistic. I think I
00:19:20.559 --> 00:19:23.270
was looking at the 103 102 zone for that
00:19:23.280 --> 00:19:25.350
pullback. So, more realistic. I'm not
00:19:25.360 --> 00:19:27.270
really necessarily as surprised right
00:19:27.280 --> 00:19:29.750
there. So, at the moment, again, just
00:19:29.760 --> 00:19:32.390
like Bitcoin, I'm cautiously optimistic
00:19:32.400 --> 00:19:35.029
that Solana is is ready for another move
00:19:35.039 --> 00:19:36.630
to the upside. Again, going back to that
00:19:36.640 --> 00:19:38.310
daily buy signal, I'm I'm showing people
00:19:38.320 --> 00:19:39.590
on this chart right here, that green
00:19:39.600 --> 00:19:41.750
dot, that positive money flow. Again,
00:19:41.760 --> 00:19:43.750
you correlate that with these dates that
00:19:43.760 --> 00:19:45.750
they've happened previously, and those
00:19:45.760 --> 00:19:48.070
were fantastic times to be acquiring
00:19:48.080 --> 00:19:50.150
Salana before running up to a higher
00:19:50.160 --> 00:19:52.870
high. So, until I see that break, and
00:19:52.880 --> 00:19:53.990
for me, the number is going to be
00:19:54.000 --> 00:19:56.150
probably here around $100. $100 is my
00:19:56.160 --> 00:19:58.230
support level for Salana. I'm bullish as
00:19:58.240 --> 00:19:59.990
long as we're above it. We dropped below
00:20:00.000 --> 00:20:02.390
it and then all of a sudden I'm I'm
00:20:02.400 --> 00:20:05.110
looking at levels of support down below
00:20:05.120 --> 00:20:06.870
probably somewhere in the world down
00:20:06.880 --> 00:20:09.669
here of 90 to 93. I think if I were to
00:20:09.679 --> 00:20:11.830
go to a different time frame, let me
00:20:11.840 --> 00:20:14.310
look. Yeah, there we go. 22% order block
00:20:14.320 --> 00:20:17.990
here on the 12-hour chart around $93. So
00:20:18.000 --> 00:20:20.710
if we lose 100, I'll look for 93 to 90.
00:20:20.720 --> 00:20:22.230
Otherwise,
00:20:22.240 --> 00:20:25.350
I just I've learned historically
00:20:25.360 --> 00:20:27.510
I'm better off trusting the daily buy
00:20:27.520 --> 00:20:29.750
signal until it shows me it's failed.
00:20:29.760 --> 00:20:31.270
Then I trade the failure. I trade the
00:20:31.280 --> 00:20:33.029
trade to the downside. Otherwise though,
00:20:33.039 --> 00:20:34.950
I'm going to continue to look for a move
00:20:34.960 --> 00:20:36.789
to the upside on Salana before I look
00:20:36.799 --> 00:20:38.149
for the next move down.
00:20:38.159 --> 00:20:39.990
>> Okay. So, you're still very bullish on
00:20:40.000 --> 00:20:42.310
on Soul. Um,
00:20:42.320 --> 00:20:44.950
>> one thing to watch right now is some of
00:20:44.960 --> 00:20:46.950
the deals that are being made in the
00:20:46.960 --> 00:20:48.950
industry and and this was announced I
00:20:48.960 --> 00:20:50.630
shouldn't say it was announced. It was
00:20:50.640 --> 00:20:53.190
rumored, you had Axios actually reported
00:20:53.200 --> 00:20:54.950
on this that Visa was in late stage
00:20:54.960 --> 00:20:57.350
talks with Firebox. I think this was
00:20:57.360 --> 00:20:59.669
almost either a rumor that was put out
00:20:59.679 --> 00:21:03.430
there because Visa is and maybe realizes
00:21:03.440 --> 00:21:05.590
they're now in competition with Salana
00:21:05.600 --> 00:21:06.950
and that it's eventually we're going to
00:21:06.960 --> 00:21:08.950
see a Salana payment model that is going
00:21:08.960 --> 00:21:10.789
to rival that of a lot of the credit
00:21:10.799 --> 00:21:13.350
card networks. Fireblocks of course came
00:21:13.360 --> 00:21:15.350
out and said, "No, that's not the case.
00:21:15.360 --> 00:21:17.990
It's news to us." Then Visa responded,
00:21:18.000 --> 00:21:19.990
"We're not going to comment on rumors or
00:21:20.000 --> 00:21:21.590
speculation." Listen, there's something
00:21:21.600 --> 00:21:23.990
going on here when it comes to crypto
00:21:24.000 --> 00:21:27.029
payments and it's going to get big fast
00:21:27.039 --> 00:21:29.430
and I think Visa sees the writing on the
00:21:29.440 --> 00:21:32.070
wall. The banks are probably seeing it
00:21:32.080 --> 00:21:34.390
coming in as well. So, some big deals
00:21:34.400 --> 00:21:35.350
coming down the
00:21:35.360 --> 00:21:38.549
>> Did you Did you just Did you just accuse
00:21:38.559 --> 00:21:40.870
a massive corporation of putting out
00:21:40.880 --> 00:21:43.350
potentially fake headlines for ulterior
00:21:43.360 --> 00:21:45.830
>> all the time? I think they're always
00:21:45.840 --> 00:21:48.070
listen there's always an alternate
00:21:48.080 --> 00:21:49.350
agenda.
00:21:49.360 --> 00:21:52.070
>> I question everything. I question
00:21:52.080 --> 00:21:54.230
everything now. I trust nothing. I mean
00:21:54.240 --> 00:21:55.270
nothing.
00:21:55.280 --> 00:21:58.710
>> Uh you you have to. So uh listen guys,
00:21:58.720 --> 00:22:00.070
this is it's going to get interesting
00:22:00.080 --> 00:22:02.230
and it's going to get interesting fast.
00:22:02.240 --> 00:22:03.990
>> Uh so pay attention because things are
00:22:04.000 --> 00:22:06.070
getting ready to move. Uh let's go to
00:22:06.080 --> 00:22:07.830
this right here because uh this is a big
00:22:07.840 -->
00:22:10.230
debate and I know you are a chain link
00:22:10.240 --> 00:22:11.190
guy.
00:22:11.200 --> 00:22:13.110
>> Yeah. And when I say a chain link guy,
00:22:13.120 --> 00:22:14.950
you have been charting and following
00:22:14.960 --> 00:22:17.590
chain link for a long time.
00:22:17.600 --> 00:22:20.149
>> And uh you've been very much of an
00:22:20.159 --> 00:22:21.830
advocate for what they're doing as an
00:22:21.840 --> 00:22:24.070
oracle. And now you have a big debate
00:22:24.080 --> 00:22:25.590
here. You've got chain link and
00:22:25.600 --> 00:22:29.510
Avalanche uh possibly becoming a very
00:22:29.520 --> 00:22:33.110
unique either partnership or alignment.
00:22:33.120 --> 00:22:35.750
Here's my question to you and for our
00:22:35.760 --> 00:22:37.830
listeners and viewers. If you had to
00:22:37.840 --> 00:22:40.149
only buy one token in these two, which
00:22:40.159 --> 00:22:41.590
one would you buy? Would you still stay
00:22:41.600 --> 00:22:43.270
with Chain Link or where would you land?
00:22:43.280 --> 00:22:45.590
>> Well, listen, I I like Avac and I did a
00:22:45.600 --> 00:22:47.430
video the other day that I I know made
00:22:47.440 --> 00:22:49.430
some people upset where I I went through
00:22:49.440 --> 00:22:51.590
my top 10 holdings and and just so
00:22:51.600 --> 00:22:53.110
people know, like even the the the coin
00:22:53.120 --> 00:22:55.029
I flipped in number 10. I I today I'm
00:22:55.039 --> 00:22:56.070
sitting here saying, did I make a
00:22:56.080 --> 00:22:57.430
mistake putting that coin at number 10?
00:22:57.440 --> 00:22:58.549
Should I actually have put this other
00:22:58.559 --> 00:23:01.029
coin instead? I hold more than 10 coins,
00:23:01.039 --> 00:23:03.270
right? So, if hopefully people never
00:23:03.280 --> 00:23:04.710
listen to those videos and and just
00:23:04.720 --> 00:23:06.470
assume, well, if Tim doesn't put a coin
00:23:06.480 --> 00:23:07.990
into his video, that means he absolutely
00:23:08.000 --> 00:23:10.230
hates it. I like Avac. I like
00:23:10.240 --> 00:23:12.230
fundamentally what AVAC is about. Uh my
00:23:12.240 --> 00:23:14.470
fundamental guy crux of crypto
00:23:14.480 --> 00:23:17.350
absolutely loves AVAC. If you're telling
00:23:17.360 --> 00:23:19.830
me though, like let me let me start by
00:23:19.840 --> 00:23:21.590
saying I own both and I will continue to
00:23:21.600 --> 00:23:25.590
own both. Right now, today, October 22nd
00:23:25.600 --> 00:23:29.190
of 2026, I am still sticking with Chain
00:23:29.200 --> 00:23:31.669
Link until further notice. Why? Because
00:23:31.679 --> 00:23:33.909
once again, chain link is the one
00:23:33.919 --> 00:23:35.990
cryptocurrency out there that I think no
00:23:36.000 --> 00:23:38.470
matter what else happens with the rest
00:23:38.480 --> 00:23:40.630
of the world of crypto, it's going to be
00:23:40.640 --> 00:23:43.350
around. Competitions are all over the
00:23:43.360 --> 00:23:45.669
place. Co corporations are going back
00:23:45.679 --> 00:23:47.590
and forth and things. Chainlink took the
00:23:47.600 --> 00:23:48.870
approach of we're going to be friends
00:23:48.880 --> 00:23:51.430
with everybody so that no matter what
00:23:51.440 --> 00:23:53.350
the future looks like, we find a way to
00:23:53.360 --> 00:23:54.870
succeed. It's kind of like these massive
00:23:54.880 --> 00:23:57.110
corporations that donate to the funding
00:23:57.120 --> 00:23:59.510
of both Republicans and Democrats in
00:23:59.520 --> 00:24:01.270
politics. It's because they say no
00:24:01.280 --> 00:24:03.909
matter who wins the election, I want my
00:24:03.919 --> 00:24:06.630
interest looked after. Similarly, chain
00:24:06.640 --> 00:24:08.310
link is partnered in saying, "Hey, we'll
00:24:08.320 --> 00:24:09.750
work with you over here. We'll work with
00:24:09.760 --> 00:24:11.669
you over here. Whoever wins your battle,
00:24:11.679 --> 00:24:13.430
great. You guys declare the winner, I'm
00:24:13.440 --> 00:24:15.269
I'm already partnered with them. It's
00:24:15.279 --> 00:24:16.870
the number one oracle for a reason. The
00:24:16.880 --> 00:24:19.430
competition isn't even close." I do
00:24:19.440 --> 00:24:22.230
think I think people I understand some
00:24:22.240 --> 00:24:23.669
fundamental arguments as to why some
00:24:23.679 --> 00:24:27.350
people don't love details of chain link
00:24:27.360 --> 00:24:30.149
but when I listen to to their team the
00:24:30.159 --> 00:24:32.710
developers and the vision plan I think
00:24:32.720 --> 00:24:34.549
this is a market cap we're looking at
00:24:34.559 --> 00:24:37.350
Paul in the world of bare minimum $50
00:24:37.360 --> 00:24:40.870
billion in in by 2030 I think it's not
00:24:40.880 --> 00:24:42.950
crazy to think about a h 100red to 150
00:24:42.960 --> 00:24:45.510
billion I I could end up being wrong I'm
00:24:45.520 --> 00:24:47.269
open to being wrong but that's my
00:24:47.279 --> 00:24:49.110
thought process at the moment That would
00:24:49.120 --> 00:24:51.669
be looking at the I think that would be
00:24:51.679 --> 00:24:53.510
on the low end somewhere around a $100
00:24:53.520 --> 00:24:55.110
chain link. On the high end somewhere
00:24:55.120 --> 00:24:57.669
closer to $200 chain link. I know in the
00:24:57.679 --> 00:25:00.070
past I've talked about $700. I
00:25:00.080 --> 00:25:02.549
definitely have have sobered my
00:25:02.559 --> 00:25:04.390
expectation.
00:25:04.400 --> 00:25:06.630
Someday $700 chain link will happen.
00:25:06.640 --> 00:25:09.350
2030 stars would really have to align
00:25:09.360 --> 00:25:11.990
for that to happen. Okay. But 200 to 250
00:25:12.000 --> 00:25:13.830
area I think is still actually very
00:25:13.840 --> 00:25:15.990
doable for link in the future.
00:25:16.000 --> 00:25:18.149
>> All right. So just as a you know kind of
00:25:18.159 --> 00:25:20.870
to validate this this these two tokens
00:25:20.880 --> 00:25:24.789
were the top two
token picks for Charles
00:25:24.799 --> 00:25:27.830
Schwab and if you go to their their
00:25:27.840 --> 00:25:29.510
story that we were just showing there
00:25:29.520 --> 00:25:31.350
couple of key things here that they kind
00:25:31.360 --> 00:25:33.029
of centered in around chain link and I
00:25:33.039 --> 00:25:36.230
thought this was an interesting take uh
00:25:36.240 --> 00:25:38.230
key debates uh right here on link and
00:25:38.240 --> 00:25:39.590
avalanche center on two different areas
00:25:39.600 --> 00:25:41.430
of crypto. One is the ecosystem chain
00:25:41.440 --> 00:25:43.350
link's role in blockchain infrastructure
00:25:43.360 --> 00:25:45.669
data services and the key debate they're
00:25:45.679 --> 00:25:48.549
talking about is can it expand into a
00:25:48.559 --> 00:25:51.110
broader platform which could make uh
00:25:51.120 --> 00:25:52.630
switching costs and network effects
00:25:52.640 --> 00:25:54.310
really take effect and then of course
00:25:54.320 --> 00:25:56.390
they talk about avalanche because of its
00:25:56.400 --> 00:25:58.630
position right now with RWA's both of
00:25:58.640 --> 00:26:01.029
these are very powerful in a position
00:26:01.039 --> 00:26:03.110
and we've had Ty on the show before and
00:26:03.120 --> 00:26:05.669
he has indicated that there's a much
00:26:05.679 --> 00:26:08.070
bigger picture being painted for chain
00:26:08.080 --> 00:26:08.950
link
00:26:08.960 --> 00:26:12.630
>> so Maybe Schwab starts to see this. Uh,
00:26:12.640 --> 00:26:13.830
we're going to go I'm going to play a
00:26:13.840 --> 00:26:15.269
couple of clips here for you, Tim. But
00:26:15.279 --> 00:26:17.029
at the also, we're going to integrate
00:26:17.039 --> 00:26:20.070
kind of a a rapid fire on charts. Okay,
00:26:20.080 --> 00:26:21.909
Tim, I want to play a clip here from
00:26:21.919 --> 00:26:25.029
Terry Duffy, the CME, uh, breaking and
00:26:25.039 --> 00:26:26.870
this was interesting because this was
00:26:26.880 --> 00:26:29.750
CNBC trying to defend against it, which
00:26:29.760 --> 00:26:31.909
they were talking about hype. So, take a
00:26:31.919 --> 00:26:32.789
look.
00:26:32.799 --> 00:26:34.470
>> And Terry, it's Kelly just to jump in
00:26:34.480 --> 00:26:36.870
here. You know, there's so much
00:26:36.880 --> 00:26:39.190
innovation with financial products right
00:26:39.200 --> 00:26:42.070
now. Do you guys need more scale? I
00:26:42.080 --> 00:26:45.590
mean, there are big big changes coming.
00:26:45.600 --> 00:26:47.669
>> So, that's a problem because they all
00:26:47.679 --> 00:26:50.230
can't be legitimate and they they're all
00:26:50.240 --> 00:26:52.149
can't be not readily susceptible to
00:26:52.159 --> 00:26:53.510
manipulation. There's got to be some
00:26:53.520 --> 00:26:55.590
that's a problem for the participants
00:26:55.600 --> 00:26:57.590
and we're just not seeing the CFTC act
00:26:57.600 --> 00:27:00.230
like that. So innovation is great as
00:27:00.240 --> 00:27:02.549
long as it's not at the cost of
00:27:02.559 --> 00:27:04.310
efficiencies and credibility to the
00:27:04.320 --> 00:27:05.190
marketplace.
00:27:05.200 --> 00:27:07.110
>> But that is kind of what's happening
00:27:07.120 --> 00:27:09.029
right now. In other words, perpetual
00:27:09.039 --> 00:27:10.870
future. I mean, I'm thinking they to me
00:27:10.880 --> 00:27:12.310
they seem like more of a rival to what
00:27:12.320 --> 00:27:13.430
you're doing. Maybe I'm wrong about
00:27:13.440 --> 00:27:14.710
that. But you don't want to take
00:27:14.720 --> 00:27:16.149
physical deliver. I don't want a barrel
00:27:16.159 --> 00:27:18.230
of oil, right? A perpetual future would
00:27:18.240 --> 00:27:19.990
avoid that outcome. But it also can be
00:27:20.000 --> 00:27:22.470
leveraged, I don't know, 10, 20, maybe
00:27:22.480 --> 00:27:25.029
more. And all of this innovation is
00:27:25.039 --> 00:27:26.390
happening. And as you know, here's what
00:27:26.400 --> 00:27:28.549
can happen. the disruptor comes, they
00:27:28.559 --> 00:27:29.990
take the market
00:27:30.000 --> 00:27:31.830
>> and then regulation catches up five or
00:27:31.840 --> 00:27:34.230
10 years later, but the the original
00:27:34.240 --> 00:27:35.430
guys are already out of the picture. I
00:27:35.440 --> 00:27:35.669
mean,
00:27:35.679 --> 00:27:37.590
>> I don't believe that that is something
00:27:37.600 --> 00:27:39.990
that the US participants want to have.
00:27:40.000 --> 00:27:41.909
So, we'll have to wait and see. But you
00:27:41.919 --> 00:27:43.830
got to remember most of these products,
00:27:43.840 --> 00:27:47.510
if not all, are basically retail
00:27:47.520 --> 00:27:50.630
products. CME Group is 94%
00:27:50.640 --> 00:27:55.350
institutional, Kell. So, this is not
00:27:55.360 --> 00:27:57.190
>> all right. So you can kind of see the
00:27:57.200 --> 00:27:59.750
doubt in uh they understand what's
00:27:59.760 --> 00:28:01.269
coming. It's a train coming down the
00:28:01.279 --> 00:28:03.110
track for uh the CME and I think they
00:28:03.120 --> 00:28:03.909
know it.
00:28:03.919 --> 00:28:06.230
>> Uh when you look at Hyperlid, give me
00:28:06.240 --> 00:28:08.630
your chart on Hyperlid. Where do you see
00:28:08.640 --> 00:28:10.789
this one heading right now?
00:28:10.799 --> 00:28:13.750
>> Yeah. So Hyperlid, I I I talk on the
00:28:13.760 --> 00:28:15.029
charts from time to time with my
00:28:15.039 --> 00:28:16.310
community and and people are going to
00:28:16.320 --> 00:28:19.029
think I hate it. I don't. I like hype. I
00:28:19.039 --> 00:28:21.110
did think a correction was needed for a
00:28:21.120 --> 00:28:23.750
while and again um I think hype could go
00:28:23.760 --> 00:28:25.430
a little lower but we did have the daily
00:28:25.440 --> 00:28:27.350
sell signals come in here. We were able
00:28:27.360 --> 00:28:29.590
to get um some good positions there.
00:28:29.600 --> 00:28:32.070
We've hit this support level once again.
00:28:32.080 --> 00:28:33.990
Uh and and here this is a late bloomer.
00:28:34.000 --> 00:28:35.190
Almost everything else gave us buy
00:28:35.200 --> 00:28:37.430
signals a couple couple days ago. This
00:28:37.440 --> 00:28:39.830
one kind of just confirmed yesterday a
00:28:39.840 --> 00:28:42.149
daily buy signal on hype. Um what I
00:28:42.159 --> 00:28:43.990
would love to see it do is break some
00:28:44.000 --> 00:28:45.669
trends that that are kind of in play at
00:28:45.679 --> 00:28:46.870
the moment. I would love to see it get
00:28:46.880 --> 00:28:48.789
above, you know, these red this red line
00:28:48.799 --> 00:28:50.950
here. Does look like we rejected. Um,
00:28:50.960 --> 00:28:52.470
but I'm open to being bullish again on
00:28:52.480 --> 00:28:54.230
hype. And if I am bullish on hype and we
00:28:54.240 --> 00:28:56.310
do start to break to the upside, I I'll
00:28:56.320 --> 00:28:58.070
do it for you guys again. Daily buy
00:28:58.080 --> 00:28:59.830
signal. Don't get a lot of these. We had
00:28:59.840 --> 00:29:02.389
one um back over here on Sep. I think
00:29:02.399 --> 00:29:04.070
they all came in around September 18th,
00:29:04.080 --> 00:29:05.750
17th, give or take, and back over here
00:29:05.760 --> 00:29:08.149
at August 3rd. You can see those buy
00:29:08.159 --> 00:29:10.630
signals have led towards higher highs.
00:29:10.640 --> 00:29:12.950
Um, so what does that mean? Until that
00:29:12.960 --> 00:29:15.510
history changes, that would suggest this
00:29:15.520 --> 00:29:17.190
buys signal thinks that hype's going to
00:29:17.200 --> 00:29:20.789
get above $98 uh per coin. I'm going to
00:29:20.799 --> 00:29:22.789
start looking at some um some resistance
00:29:22.799 --> 00:29:24.230
levels to the upside here. And there's
00:29:24.240 --> 00:29:25.990
just not a whole lot until and I have to
00:29:26.000 --> 00:29:27.430
go to a macro chart to show you guys,
00:29:27.440 --> 00:29:29.430
but I had this drawn from months ago
00:29:29.440 --> 00:29:31.750
closer to 115, right? So, I could see
00:29:31.760 --> 00:29:34.789
hype getting up there long haul. I I
00:29:34.799 --> 00:29:37.190
think hype, Paul, I talked about market
00:29:37.200 --> 00:29:39.269
cap with with chain link a little bit. I
00:29:39.279 --> 00:29:41.029
I think hype is one of those coins and
00:29:41.039 --> 00:29:43.590
projects that you could see a market cap
00:29:43.600 --> 00:29:47.750
in the world of 500 billion up to a
00:29:47.760 --> 00:29:50.630
trillion and you in the video I mean you
00:29:50.640 --> 00:29:53.430
look at it right there it's almost like
00:29:53.440 --> 00:29:56.389
>> um I'm trying to think of a a story you
00:29:56.399 --> 00:29:58.870
can see her secondguing everything he's
00:29:58.880 --> 00:30:01.430
saying as if I don't trust what you're
00:30:01.440 --> 00:30:03.830
saying. you're a dinosaur who's clearly
00:30:03.840 --> 00:30:06.310
here trying to self-preserve yourself
00:30:06.320 --> 00:30:07.909
because you see the writing on the wall
00:30:07.919 --> 00:30:10.549
that your job's at stake. U even the
00:30:10.559 --> 00:30:12.630
laugh like he laughed like almost like
00:30:12.640 --> 00:30:14.630
oh there's no but like it was an
00:30:14.640 --> 00:30:16.470
insulting chuckle the way he gave it
00:30:16.480 --> 00:30:19.669
almost like I need to pursue I need to
00:30:19.679 --> 00:30:22.630
look very um authoritative and like the
00:30:22.640 --> 00:30:25.590
the idea of this perpetual thing coming
00:30:25.600 --> 00:30:27.590
and taking our that's just crazy. That's
00:30:27.600 --> 00:30:29.029
ridiculous. Those are the people that
00:30:29.039 --> 00:30:31.190
get wrecked, blindsided, and ruined
00:30:31.200 --> 00:30:32.710
because they can't adopt and move into
00:30:32.720 --> 00:30:33.029
the future.
00:30:33.039 --> 00:30:36.630
>> Yeah, those are the laugh tell me is one
00:30:36.640 --> 00:30:38.630
of the big indicators of somebody being
00:30:38.640 --> 00:30:40.310
very nervous about that particular
00:30:40.320 --> 00:30:41.669
question. It's not that they're
00:30:41.679 --> 00:30:42.870
comfortable with it, they're actually
00:30:42.880 --> 00:30:44.149
nervous from it.
00:30:44.159 --> 00:30:46.549
>> Uh before we go into the circle, because
00:30:46.559 --> 00:30:48.470
this could be a big deal for Circle as a
00:30:48.480 --> 00:30:50.950
stock, I want to look at Ethereum
00:30:50.960 --> 00:30:52.789
because this has a huge correlation
00:30:52.799 --> 00:30:55.510
obviously to USDC. When you look at ETH
00:30:55.520 --> 00:30:57.510
right now, which held on pretty well, I
00:30:57.520 --> 00:30:59.430
mean, it had clipped up above 45 or
00:30:59.440 --> 00:31:02.470
excuse me, 2500, now coming back down
00:31:02.480 --> 00:31:05.430
along with Bitcoin. Where does ETH hold?
00:31:05.440 --> 00:31:07.350
And what would you put its high in this
00:31:07.360 --> 00:31:09.350
cycle?
00:31:09.360 --> 00:31:11.029
>> Yeah. Well, I don't know if I had the
00:31:11.039 --> 00:31:12.630
high of the cycle right off the top of
00:31:12.640 --> 00:31:15.190
my head on on this front. Ethereum did
00:31:15.200 --> 00:31:16.389
something that a couple of the other
00:31:16.399 --> 00:31:19.269
coins did not do. Over here last week,
00:31:19.279 --> 00:31:21.909
we did come lower than levels earlier in
00:31:21.919 --> 00:31:24.149
October and September. So that was a
00:31:24.159 --> 00:31:26.149
little interesting, but you can almost
00:31:26.159 --> 00:31:28.710
look at as more of an anomaly. Same as
00:31:28.720 --> 00:31:30.149
Bitcoin, same as almost everything else.
00:31:30.159 --> 00:31:31.510
It almost feels like a broken record.
00:31:31.520 --> 00:31:33.029
The daily buy signals came in. These
00:31:33.039 --> 00:31:34.710
historically are very good daily buy
00:31:34.720 --> 00:31:36.149
signals. Again, it leads towards higher
00:31:36.159 --> 00:31:38.230
highs. I can make that same spiel for
00:31:38.240 --> 00:31:40.389
everything else. It broke a trend line
00:31:40.399 --> 00:31:42.789
of resistance. Are we retesting it
00:31:42.799 --> 00:31:44.630
today? Absolutely. But I'm going to
00:31:44.640 --> 00:31:46.389
flash here between these two charts.
00:31:46.399 --> 00:31:48.070
Other than my boxes and drawings,
00:31:48.080 --> 00:31:50.230
there's not really a big difference in
00:31:50.240 --> 00:31:52.149
the way Ethereum and Bitcoin look. So,
00:31:52.159 --> 00:31:53.750
it's going to be a very similar spot for
00:31:53.760 --> 00:31:56.630
me. My world here is going to be, let's
00:31:56.640 --> 00:31:57.909
just look at where these wicks came down
00:31:57.919 --> 00:32:01.509
to, roughly 2330. If we can stay above
00:32:01.519 --> 00:32:04.389
2330, I'm not too concerned about
00:32:04.399 --> 00:32:06.470
Ethereum. I I will tell you this is
00:32:06.480 --> 00:32:07.750
something that last week when we had
00:32:07.760 --> 00:32:09.830
these daily sell signals, I my targets
00:32:09.840 --> 00:32:11.830
and again, we hit my my target one, we
00:32:11.840 --> 00:32:13.830
did not hit my target two. My targets
00:32:13.840 --> 00:32:15.190
Oh, it went away here. Let me hit this
00:32:15.200 --> 00:32:17.029
replay button so you guys can see this
00:32:17.039 --> 00:32:18.070
so you can see what I was looking at
00:32:18.080 --> 00:32:20.310
last week. I was looking at these two
00:32:20.320 --> 00:32:23.509
order blocks and I said, "Hey, 2350 is
00:32:23.519 --> 00:32:25.909
my is my take-profit one." And then I
00:32:25.919 --> 00:32:29.350
said 2250 is my take-profit two. That's
00:32:29.360 --> 00:32:30.870
the lower level here. Of course, as I
00:32:30.880 --> 00:32:32.870
hit play, we took out my first one,
00:32:32.880 --> 00:32:34.310
right? So, I got a good buy level there.
00:32:34.320 --> 00:32:35.750
Got some good profit on my short
00:32:35.760 --> 00:32:37.830
position. If we go short, I'll
00:32:37.840 --> 00:32:39.909
definitely be looking at 2250 again.
00:32:39.919 --> 00:32:42.470
Could we go lower? Probably we could,
00:32:42.480 --> 00:32:44.789
but that would be my next buy spot. But
00:32:44.799 --> 00:32:47.669
until we lose 2330 give or take, uh,
00:32:47.679 --> 00:32:49.269
which is the low from here a couple days
00:32:49.279 --> 00:32:51.110
ago, I still think there's a world in
00:32:51.120 --> 00:32:52.470
which Ethereum starts to make a move
00:32:52.480 --> 00:32:54.389
back up at the very least back to double
00:32:54.399 --> 00:32:57.190
top at 2,800, if not all the way up back
00:32:57.200 --> 00:33:00.070
up here to 3100 is a target there. As
00:33:00.080 --> 00:33:03.990
far as like price predictions, again, I
00:33:04.000 --> 00:33:05.509
I need to look at the exact numbers
00:33:05.519 --> 00:33:07.830
here. Ethereum is going to get over a
00:33:07.840 --> 00:33:09.430
trillion dollars per market cap in this
00:33:09.440 --> 00:33:11.509
next bull market as long as it is a bull
00:33:11.519 --> 00:33:14.549
market and not another
00:33:14.559 --> 00:33:15.750
another inst a place where the
00:33:15.760 --> 00:33:17.190
institutions just kind of jerk us around
00:33:17.200 --> 00:33:18.630
and don't actually invest in it. Right.
00:33:18.640 --> 00:33:20.549
So, assuming institutions actually buy
00:33:20.559 --> 00:33:22.950
this time, I I I think it's safe to say
00:33:22.960 --> 00:33:24.870
Ethereum would go over a trillion. I've
00:33:24.880 --> 00:33:26.230
seen estimates, Paul, I don't know about
00:33:26.240 --> 00:33:27.590
you. I've seen estimates people are
00:33:27.600 --> 00:33:29.750
talking about as high as like three to
00:33:29.760 --> 00:33:31.909
four trillion dollars in market cap.
00:33:31.919 --> 00:33:34.630
That's a little crazy high for me, but
00:33:34.640 --> 00:33:36.310
it would be it would be interesting. And
00:33:36.320 --> 00:33:37.990
we do know a lot of these banks, they
00:33:38.000 --> 00:33:40.230
still like Ethereum. JP Morgan just
00:33:40.240 --> 00:33:41.350
announced they're going to build their
00:33:41.360 --> 00:33:44.149
stable coin through Ethereum. Um, so
00:33:44.159 --> 00:33:45.669
while 3 to four trillion is a little
00:33:45.679 --> 00:33:49.190
high, could we get to two 2.5 trillion?
00:33:49.200 --> 00:33:50.630
I don't think that's ridiculous,
00:33:50.640 --> 00:33:52.630
especially if Bitcoin is realistically
00:33:52.640 --> 00:33:55.669
in the 5 to7 trillion mark. Um, what
00:33:55.679 --> 00:33:57.269
does that mean for price? I think that's
00:33:57.279 --> 00:33:59.190
somewhere between a 15 to $20,000
00:33:59.200 --> 00:34:00.710
Ethereum, but I'd have to go back and
00:34:00.720 --> 00:34:01.830
and look at the exact numbers.
00:34:01.840 --> 00:34:02.950
>> Well, that's, you know, that's right in
00:34:02.960 --> 00:34:04.549
line with, you know, to a certain extent
00:34:04.559 --> 00:34:06.310
with what Tom Lee is kind of pushing to.
00:34:06.320 --> 00:34:09.030
Again, just for you guys that are new,
00:34:09.040 --> 00:34:10.869
you know, Tom, very
00:34:10.879 --> 00:34:13.669
>> very vested in it with BMR. Uh, all
00:34:13.679 --> 00:34:15.430
right. So, let's take a look at Circle.
00:34:15.440 --> 00:34:18.310
I want to play a clip and then we'll
00:34:18.320 --> 00:34:20.149
kind of compare some of the leading
00:34:20.159 --> 00:34:22.710
stocks in the crypto space that could
00:34:22.720 --> 00:34:26.310
play out this uh cycle. Here we go.
00:34:26.320 --> 00:34:27.829
>> All right, we got to go, but really
00:34:27.839 --> 00:34:29.669
quickly before I let you go, your top
00:34:29.679 --> 00:34:31.909
pick is Circle. Talk to us about your
00:34:31.919 --> 00:34:32.710
Circle.
00:34:32.720 --> 00:34:36.470
>> Yeah, we're our our target is 243. uh we
00:34:36.480 --> 00:34:38.470
are certainly above consensus there and
00:34:38.480 --> 00:34:40.790
and simply I mean there's a reason why
00:34:40.800 --> 00:34:42.310
there was only a handful of
major
00:34:42.320 --> 00:34:44.950
payment networks uh and we think the
00:34:44.960 --> 00:34:47.270
head start that they have especially now
00:34:47.280 --> 00:34:49.750
with Agentic Commerce but the liquidity
00:34:49.760 --> 00:34:51.190
that they have out there and the
00:34:51.200 --> 00:34:53.109
compliant nature of of their platform
00:34:53.119 --> 00:34:56.550
and now ARC coming to bear uh we think
00:34:56.560 --> 00:34:59.030
that they will be a preferred settlement
00:34:59.040 --> 00:35:02.310
rail for a lot of clients out there.
00:35:02.320 --> 00:35:04.150
All right, guys. That was City Bank
00:35:04.160 --> 00:35:06.390
talking about this. If you look at
00:35:06.400 --> 00:35:08.150
Circle in general, you go all the way to
00:35:08.160 --> 00:35:11.270
this uh super top around 300 bucks. Uh
00:35:11.280 --> 00:35:13.190
obviously, it's flying above the trend
00:35:13.200 --> 00:35:16.550
line right now. A Circle at 243. It's
00:35:16.560 --> 00:35:18.710
trading at $85 here.
00:35:18.720 --> 00:35:19.030
>> Yeah.
00:35:19.040 --> 00:35:20.790
>> What do you think, Tim? You do you like
00:35:20.800 --> 00:35:21.750
that call?
00:35:21.760 --> 00:35:23.109
>> Well, the news the other day was
00:35:23.119 --> 00:35:24.870
fantastic. Obviously, with the Genius
00:35:24.880 --> 00:35:26.550
Act kind of getting past the last
00:35:26.560 --> 00:35:29.030
hurdle. It's not live until January, but
00:35:29.040 --> 00:35:30.950
banks can keep banks can pretty much at
00:35:30.960 --> 00:35:32.310
this point they can offer their
00:35:32.320 --> 00:35:33.910
complaints. They can try to appeal the
00:35:33.920 --> 00:35:36.150
Supreme Court, but ultimately it looks
00:35:36.160 --> 00:35:37.910
like it looks like we cleared the final
00:35:37.920 --> 00:35:39.829
hurdle and Genius Act is going to allow
00:35:39.839 --> 00:35:41.430
uh stable coins to do their thing, which
00:35:41.440 --> 00:35:43.270
is fantastic for Circle. What I'm
00:35:43.280 --> 00:35:45.670
watching right now I I mean to me I
00:35:45.680 --> 00:35:47.670
think 243 I don't know exactly what he's
00:35:47.680 --> 00:35:48.710
saying there in the clip is he's saying
00:35:48.720 --> 00:35:50.470
that's his top prediction for the bull
00:35:50.480 --> 00:35:53.589
market. To me that seems crazy low. Um,
00:35:53.599 --> 00:35:55.349
but for this for the a trading
00:35:55.359 --> 00:35:57.190
perspective, what I'm looking at right
00:35:57.200 --> 00:35:59.910
now, I do like the recent move from
00:35:59.920 --> 00:36:01.510
August and into, you know, where we are
00:36:01.520 --> 00:36:03.510
now in October. But let's go back to
00:36:03.520 --> 00:36:05.670
this trend line. There's clearly a red
00:36:05.680 --> 00:36:07.510
line here, a trend line of resistance.
00:36:07.520 --> 00:36:10.310
We just rejected on again yesterday. Get
00:36:10.320 --> 00:36:12.710
us above this. Get us above 94. I do
00:36:12.720 --> 00:36:14.390
think the daily is back in a buy signal.
00:36:14.400 --> 00:36:16.710
Yeah, which is I have to quickly look at
00:36:16.720 --> 00:36:18.470
the back history here. Pretty good. I
00:36:18.480 --> 00:36:19.750
think these daily buy signals have been
00:36:19.760 --> 00:36:21.589
pretty solid. Um, so that's good. But
00:36:21.599 --> 00:36:23.510
for me again, I like to buy either
00:36:23.520 --> 00:36:25.270
extreme weakness, we're not in extreme
00:36:25.280 --> 00:36:27.109
weakness, or I want to buy strength.
00:36:27.119 --> 00:36:31.190
Strength is get above uh think 96 97
00:36:31.200 --> 00:36:33.270
bucks almost to 100 and you have
00:36:33.280 --> 00:36:35.109
strength there on circle.
00:36:35.119 --> 00:36:37.750
>> And again, 243, we're talking about a 2
00:36:37.760 --> 00:36:40.470
and a halfx almost uh in price action.
00:36:40.480 --> 00:36:43.109
Not that bad. I would
00:36:43.119 --> 00:36:44.630
>> I don't know what you that feels like it
00:36:44.640 --> 00:36:46.390
would be disappointing if Circle tops
00:36:46.400 --> 00:36:48.470
out at 243 and that's it.
00:36:48.480 --> 00:36:51.109
>> No. Yeah. I think Circle becomes one of
00:36:51.119 --> 00:36:53.510
the most valuable companies out there in
00:36:53.520 --> 00:36:56.630
terms of just their their capacity is
00:36:56.640 --> 00:36:58.550
all going to be built around adoption on
00:36:58.560 --> 00:37:01.190
stable coins. And the interesting point
00:37:01.200 --> 00:37:03.990
around Circle is I think they're up to
00:37:04.000 --> 00:37:06.150
some other ideas
00:37:06.160 --> 00:37:07.990
>> that are starting to go into fintech.
00:37:08.000 --> 00:37:09.510
The correlation to how banks are going
00:37:09.520 --> 00:37:11.670
to be utilized obviously the connection
00:37:11.680 --> 00:37:13.829
with Ethereum. All this plays into
00:37:13.839 --> 00:37:15.910
something I think that is well under.
00:37:15.920 --> 00:37:18.550
I'm surprised that uh Wall Street isn't
00:37:18.560 --> 00:37:20.470
calling for a thousand dollar circle
00:37:20.480 --> 00:37:22.310
here because that would be a 3x from its
00:37:22.320 --> 00:37:23.510
previous high. Now,
00:37:23.520 --> 00:37:24.550
>> I think I think you just have a little
00:37:24.560 --> 00:37:26.230
bit of conservatism. These guys, they
00:37:26.240 --> 00:37:28.550
they get they they take he's probably
00:37:28.560 --> 00:37:29.510
saying that's where we're going to start
00:37:29.520 --> 00:37:30.550
taking profits. They're going to look
00:37:30.560 --> 00:37:32.550
for a little dip. They'll buy again and
00:37:32.560 --> 00:37:34.390
then they'll keep riding it up. But, uh
00:37:34.400 --> 00:37:35.030
yeah, I
00:37:35.040 --> 00:37:37.589
>> this is one I'd look at long term.
00:37:37.599 --> 00:37:39.270
>> I think $1,000 is a very realistic
00:37:39.280 --> 00:37:39.910
target.
00:37:39.920 --> 00:37:41.589
>> All right, Tim. So that I think that's a
00:37:41.599 --> 00:37:43.270
good lineup I think for a lot of people
00:37:43.280 --> 00:37:44.950
that are trying to figure out the best
00:37:44.960 --> 00:37:47.349
stocks that could be played that are
00:37:47.359 --> 00:37:49.430
correlating to crypto. Of course, we're
00:37:49.440 --> 00:37:50.790
going to be covering this and a bunch
00:37:50.800 --> 00:37:53.190
more. We got the FOMC meeting coming in
00:37:53.200 --> 00:37:54.870
next week. Uh Tim, thanks so much for
00:37:54.880 --> 00:37:56.710
coming in today. We appreciate it.
00:37:56.720 --> 00:38:04.630
>> Absolutely. Thanks for having me, Paul.
00:38:04.640 --> 00:38:06.390
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