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Bitcoin Above $72K While Stocks Hit 2026 Lows — How? | Market Check
Recorded: March 13, 2026 Duration: 1:08:33Space Recording
Full Transcription
good morning everybody and welcome to today's episode of uh i was about to just say uh signal
with snorlax for a second there uh two condition from yesterday i guess but welcome guys to market
check uh there is no second best live youtube stream to talk about the markets and what a way
to ring in friday but with some green candles on crypto
and some relative strength in our asset class. We're going to talk about all of that and then
some on today's episode, but welcome. I'm Snorlax. You guys also know me as Tommy. I'm joined by
Tucker, Max, and of course, Louie. We are going to have a great show for you guys today. And
because we showed up on a Friday, if you guys could oblige do your part
hit the like button for us subscribe to the channel if you haven't done so already
uh we're gonna be cooking today louie you uh you said you were gonna be watching them for the
soybeans yesterday i'm uh i slacked i think i'm gonna because agriculture stocks i actually think
do look pretty interesting.
I'm, if you don't, I might.
So hit the like button guys, hit the like button, or we might look at soybeans.
We might look at soybeans anyway, but nevertheless, guys, we're going to have a great show for you guys today talking about maybe agriculture, but mostly crypto risk.
And of course, everything in between.
I'd rather look at lean hog futures.
I think personally, we can talk like I i'm i'm open to debating it i just wanted to throw that out
there before we get too far into the show how do you how do you feel about crude palm oil futures
i'm interested yeah i'm definitely interested in that that's probably like third on my list
um but i mean yesterday i rented a giant u-haul and i put all my hogs in it like i
had 27 squealing adult hogs in a u-haul and i drove them down to my local valvoline
and i traded them for a bunch of oil and i want to see since yesterday when i made that physical swap of my my hogs my lean hogs
into oil from valvoline i want to see if i've come out a winner on that trade um yeah let's see so
yeah i just wanted to throw that out there as i'd like an update on how my trade has gone so far
the oil yeah oil
yeah oil
oh no
that's a
that's you're losing
no wait wait wait
wait wait
I traded my hogs
for oil
oh you traded your hogs
for oil
yeah okay
I shoved 27
lean adult
male
lean hogs into a rented U-Haul.
I drove them to my local Valvoline and I swapped 27 hogs for Motorola.
You sound like a math problem.
There we go.
I sound like I'm on the ACT.
Yes.
Max swapped all of his lean hogs.
If Max has 27 adult male lean hogs and Tommy has 21 adult male lean hogs and the conversion rate for lean hogs to oil is blah, blah, blah.
Yeah, it appears oil is gaining against lean hogs.
So you're telling me I made a good trade yesterday.
Yeah, you made a good trade.
I made a good trade.
It's fantastic, man.
That is fantastic news.
Well, I would venture to say that oil is probably pumping against pretty much everything right now maybe not bitcoin
actually but yeah i wish this would show me decimals bro i don't get that's fine
bro i don't get that's fine
yeah how do we feel about about all today all honestly i'm not even looking at the oil chart
i hate to uh i hate to admit that but you're not paying attention to oil i'm honestly not
paying attention to oil now i think it's gonna attention to oil, though. I think it's going to start ranging.
I do, too.
Yeah, I agree with that.
What was it?
Silver.
I think it's going to start doing what silver did.
And like you said, range.
I think it looks pretty similar.
Oops.
Not you, Depp.
I see your comments, man.
I promise.
We see all the comments.
We have time.
We'll talk.
I did a full cook this morning in our Discord, man.
I literally talked about Boys Club for like an hour.
I'll see if I have the courage to run it back
and just repeat everything I was saying.
TLDR.
Maybe shove.
We'll see how the show goes.
We'll see how the likes look, man.
Yeah, that's a good point.
That's true.
We've been in very much
a complacency phase with the like button
recently.
I was watching the replay
yesterday and we were at like 38
likes on the stream.
You guys gotta step it up.
Real bad.
You know what? Actually, I think we need
to do. We talked
about this to get more
people here. I think the algo is smashing us because
we're not monetized right yeah yes we were talking about that yes like it is actually hurting us
it's actually hurting us so really and the reason we're not monetized is because we didn't want to burden the audience with having to watch ads but
if we can't get the likes up we can't get the numbers up we're gonna have to go ahead and
monetize fellas so
i spoke with iran is what it is i spoke with iran
is what it is i spoke with iran
dude i saw this like poly market that was created it was like odds that clavicular is the new like
iran like supreme leader or something send me that it was like a real market and had like half
a million in volume yeah Yeah. Like odds that
Clavicular is appointed the new
Iran Supreme Leader.
It was so funny.
People were actually betting on it.
You could make like 5%
saying no.
It's like 5% APY.
That's like the freest 5% ever.
I mean, are you sure?
Are you sure?
Are you sure, Max?
Oh, wow.
I did another
potential
luncheon with Donald Trump for
Trump holders.
Oh, good. I'm sure this one will be different.
Of course, I wasn't watching it.
How much do we have to purchase, Louis?
A billion.
No, no, it's just top holders, I don't know.
But I think it had a nice pump
today, earlier today.
Alright, so either Bitcoin's's gonna reject from like here
or it's going to like 88 yeah yeah well i don't know about that but
it's either here or it's gonna it's gonna start sending a little bit for sure This is a nice little looking thing. Can't deny.
A little scoop.
A little scoop.
It is nice.
Scoop.
I will not deny.
Scoop it up.
Scoop it up.
It is a nice looking scoop, I will say.
But it's got a push from here
yeah yeah looks like um equities are um holding us back of course
the second we start to start to show life, equities.
Dude.
Want to be weak.
That's an abysmal.
That's an abysmal looking structure.
That is so bad. Go to QQQ.
I know.
QQQ looks better.
I don't even know if I've ever seen a structure that looks quite like this.
Yeah, I'll show you one.
Go to the left.
Right there.
2024.
March 2024.
Yeah.
That would mean we have to go lower
first.
Okay, so we bounced off of
this.
Yeah. I think that would be 6500 equivalent
i mean that is just that is just wild where would that be yeah i guess it would just have
to be lower than 6500 but imagine if that like resolves to the
upside somehow it just looks so bad dude i know i know it is ugly there's no denying it where is it coming from though like i guess microsoft just continues to die dude i mean the
weakness is from the dow which is from financials oh yeah yeah
so soon so so soon getting a puke on meta finally
we are god dude if i started the only megacat tech company that's not gonna
freak out
yeah that's how i've been feeling about apple but yeah even apple's like
starting to move a little bit apple's starting to move yeah that looks pukey man
come on dude come on just give just let go just let go of the life rafts
rip the band-aid off his drift off quietly and slowly
this gap will fill
what about
Nvidia
this is incredible
I was thinking about this Tucker i feel like there's been
quite a bit of like probably borrowing against this value of nvidia so there's like an active
incentive to keep it pinned here like this and sellable on it yeah that's just conjecture. Need a VIX check-in from Tommy.
Tommy? Oh, my.
I mean, there's not much to check in on.
It's still climbing, waiting for the spike.
It just feels like the VIX is just waiting for, like, one, like one major stab higher while equities
are wanting to dip lower.
We need something
to end this.
Usually, a walk-up like this
ends with a climax
of some sort.
You know what I think it could be related
to is Japan
in some way.
Is Japan about to liquidate itself?
I mean, I think the Nikkei probably topped.
Tucker, you can't comment on it, man. You don't know.
I love that not again, please.
You're a Japan fate, man. You didn't even know Japan was going to liquidate itself last time.
Dude, you had to issue a public apology.
I know, I know. How did you had to issue a public apology. I know.
How did you not know?
It's literally the meme of the guy with the sword just
stabbing you.
That's what happened.
I think
the Nikkei is top, though,
at least
before a larger pullback here um and I think when
I look at TLT and then US more so like as it relates to USD JPY right like TLT is basically
just an inverted USD JPY like since this range form that was kind of something that I figured
out when I was comparing the two earlier this week and And I think I look at TLT and it looks like it's about to give potentially, right,
like that euthanasia coaster ending.
So I think USDJPY is probably about to break out.
I don't know, like, why these things are going to occur necessarily, but, like...
Yeah, you do. You know exactly.
No, I have... I can speculate,
but I don't know.
I can...
People were freaking out about the, like,
J or GBP
something. Did you
see that, Tommy?
No. Is that the GBP?
I don't know if it was
USD or not.
It was some British pound. Oh, I don't know if it was USD or not. It was some British pound.
Oh, I don't know.
Yeah, I don't remember.
It's not like that.
If I wanted to FUD England, I'd probably just insult Chimfone.
Yeah, this does look like it wants to go higher but if uh you know if the end starts to depreciate
they're gonna have to sell us treasuries um to try and put the lid back on so i feel like
tlt is not a terrible short here honestly yeah not that people care about U.S. treasuries, right?
Why would you?
Bitcoin's pumping today.
What do we make of Bitcoin and crypto looking much better than stocks today?
Yeah.
I mean, what do we make of this?
Oh, man. I mean, what do we make of this? Hopefully a decoupling.
That's a dangerous word, Louie.
I know.
I know.
That is, I mean, you're braver than me to even say that out loud.
Louie is like.
The fabled decoupling.
Yeah, man man that's
i um yeah you know i don't know i mean you have one one asset class that's been in a
in a downtrend for six months you got another
another asset class that's been ranging at all-time highs for six months. Well, not ranging for six
months, but more like two or three and going up for the other half. So, I mean, like we were
talking about yesterday, like if we get the puke out of equities, which also isn't guaranteed,
but it's a possibility, right? I'm sure there'll be some sort of knee-jerk reaction
from Bitcoin and crypto,
but I don't think it's going to be as detrimental
as most people think
because we did kind of front run a lot of this, right?
Unless there's some major, major, major
unseen black swan type event, you know,
like crypto stocks are all green today.
Crypto's green. You know, they're trying to bottom. like crypto stocks are all green today crypto is green
you know they're trying to bottom they're trying to bottom they are
and what if we get just like a an extended ranging period for major u.s equities and we get just like an extended ranging period for major U.S. equities and we get like a bull run in crypto as it emerges as a true asset class that's like, you know, adopted by the mainstream, which would be obviously we need some of the Clarity Act finally passed and stuff like that.
Do we have any word on that? i don't follow it too closely i probably should but like i would just get
frustrated because nothing happens you know i felt like i remember before february they said that
like get it done before the end of february and now it's now i'm i remember looking at poly market i
think it was like last week and yeah there's a 60% chance that the markets now like that it gets passed in 2026.
Uh, and it's 60%, by the way.
Yeah.
I mean, I think that makes sense.
Um, they're just dragging their feet, you know, and then the banks don't really
want it, or at least they don't like it the way it's written right now.
So that would be a reason for why we're seeing them drag their feet because i'm sure they have a lot
of bankers say like was it was it jamie diamond or somebody he's like oh the banks just want a
fair shake or something yeah like oh you guys want a fair shake yeah you greedy fucks want you want a fair shake remember all the times that you
like helped criminals and like the cartel like launder money through your banks remember when
you brought the economy to its knees through your greedy lending practices like in 2005 through
2008 remember all that ifs were in the epstein files yeah oh you want a fair shake
you want a fair shake how about zero how about you guys all go to zero i mean truly some of the
worst don't actually go to zero charging college kids 30 plus apy on credit cards zero man they're
terrible no fair shake for you. Bankers are the worst.
They're the worst. Man, they're sharks. You want a fair shake. What you're meaning to say is that
you have a dinosaur of a product to offer compared to crypto, and you know it. So you need to make
sure that you get positioned to capitalize on crypto and the financial revolution that is coming
in the next decade so that you don't get wiped out
by a bunch of geeks who wrote the code.
That's what you're trying to say.
We want a fair shake.
Dude.
Dude. Fair shake.
You're such a crybaby.
Yeah. Such a crybaby.
Yeah, it's all about the yields, man.
They can't... They don't want to have like crypto services offering yields that are much higher than they offer, you know, because they'll-
Where does the yield come from?
I don't know.
Nobody knows.
I don't know.
Creative financing. Nobody knows. They just't know. Creative financing.
Nobody knows.
They just know that they're not supposed to ask
where the yield came from.
Don't ask.
It reminds me of that scene in
War Dogs when he's like,
what does AEY stand for?
He's like, what?
What does AEY
stand for?
It doesn't stand for anything. It just sounds cool-E-Y stand for? It doesn't stand
for anything. It just sounds cool.
What does IBM stand for?
And then the guy tells him and he's like,
get the fuck out of my office.
Don't ask
where the yield comes from.
What do you mean, where
does the yield come from? It just
comes. It just happens.
Just take your yield and shut up. Yeah, don't ask where the yield came from? It just comes. It just happens. Just take your yield and shut up.
Yeah, don't ask where the yield came from.
Look at the dollar.
Yeah, dude, the dollar is breaking out.
Dollar wrecking ball?
I think it's just going to appreciate more than the yen.
It's just going to go up.
That's a good-looking chart right there.
Tell you what.
I don't have a good read on the dollar.
Sure you got some bull dibs on that too.
I was literally about to say the same thing, Louie.
You do.
You can pull a Bitcoin though and just sweep the highs and then go back down.
Nice little bulldiv.
Somebody's car alarm is going off for like five minutes behind me.
Good thing StreamYard has amazing
noise cancellation.
Phew. Voice cancellation.
I mean, actually, yeah, this looks really good too.
Some curvature, boys. That's some curvature.
Pause.
Let me tell you what.
There's like a weekly green dot too, right?
On Cypher?
Yeah, I think so.
Oh, the old snake eyes, eh?
Not really a buller but you at least get a pop off of the dot please that you at
least get a pop kind of want to look at higher time frame
higher time for mdp
that's pretty unfortunate looking actually
where's the damn thing?
Where's the damn thing?
Dude, just set a coin to like a hundred bucks for me you know be so appreciated
i'm not gonna lie i might have uh i might have dabbled a bit this morning with coin
did you dabble i must you must have bought some big calls then huh
tell me about some 400 calls for next week
damn oh yeah no it's fried dude it's fried, dude. It's fried. This is a veteran market cipher
enjoyer.
I'm curious. What does the Coinbase
hyperliquid pair look like?
Probably bad recently,
obviously, but...
I like that.
Why do you think it's going to try to bottom? Or do you think it's gonna try to bottom or do you think it's just gonna
i was just curious honestly because i remember like i was thinking to myself yesterday like
do you remember when coinbase launched perps last year and a lot of people were like oh they're
gonna they're gonna take hyperliquid's market share or they're gonna take a chunk of it and i'm thinking to myself like i don't know about that um
i mean they're actually launching per so for us people aren't they
i believe so uh maybe the better maybe the better charts to compare is coin versus per
to compare his coin versus per since um you know not not the meme coin by the way the uh the tco
the tco um yeah the first one
because i mean this is like what trad fi has access to invest in yeah
invest in yeah coinbase needs like like no native crypto investors are going to be trading on
coinbase versus a hyper liquid coinbase needs a full-fledged bull run where the normies return and they'll use it, you know.
Well, you need someone from the U.S. who, because it's like to trade perps, you have to be somewhat crypto native, right?
Like, I guess you can just be a trap.
I mean, I feel like most people that trade trad find a straight options though, right?
So if you're retail, I mean, mean i feel like most people that trade trad find a straight options though right so
um if you're retail i mean so i feel like to use coinbase perks as a u.s resident
it's a very narrow group of people right because it's like if you're that crypto native you're probably going to use hyper liquid right but you have to be that somewhat that advanced to actually want to use perks so it's like i don't know i don't think
it'll be a very successful product honestly but i think coinbase is more like like coinbase is
going to benefit when the etfs do the most amount of volume, right? Yeah.
At least that's kind of like my thought because they custody most of like the behind the scenes
dark pool flow to get these coins into and out of ETFs
for BlackRock and for, I think, Fidelity too,
probably like Vanguard, probably all of these etfs are executing through coinbase
yeah
if they were smart they'd kind of follow in hyperliquid's footsteps they
they mentioned a potential base airdrop but uh instead of favoring artists who don't give a shit or know anything about crypto, they should airdrop to loyal users of the app money and get people to trade using that.
use and get people to trade using that you know but i think they they uh they botched that
unless they're still planning on doing that you know um is brian arms washed the streets are asking
the streets need to know no i i mean the a is really, like, such a low-hanging fruit
that, you know, I feel like they did kind of miss an opportunity there,
but maybe it's still in the back pocket somewhere.
It's not happening.
I'm sure there's, like, some liability risk on their end
because they already have shareholders, like, if they were to airdrop a token.
Yeah.
That's why I was surprised when they mentioned it to begin with.
Dude, I think I had a dream about getting a giant Polymarket airdrop the other day.
And it was awesome.
They need to do that.
I agree.
They really need to do that.
need to do that i agree
I agree.
because i'm not even one of these people but people that have been like running bots and just
churning volume on there for like a year are gonna make so much money dude
i have no idea how much money i would get from a hypothetical polymarket airdrop because
there's just been so much
volume done on the platform yeah no you'd have to do a lot of volume
how about the staking eeve etf though what is it ep
i think that's pretty bullish.
It's only two days.
Wait, what is that, Louie?
ETH B.
What is ETH B?
It's, uh, I trust staking ETH ETF.
Oh, good.
Oh, great.
This one I could probably tell you where the yield comes from, but...
Yeah.
Comes from BlackRock's customer locked funds.
That you can't withdraw.
I don't think this is bullish though, long term.
If we can get off the mat.
Do we need to do a 2022 fractal check-in?
No, we don't.
I hate the 2022 fractal check-in? No. We don't. I hate the 2022 fractal.
We all do.
We all do, but we have to monitor it.
We must respect it, Tommy.
You must respect it until it's invalidated.
Yes.
Okay, wait.
What did I want to do now?
I bet we stopped out 2022 fractal chuds actually
or maybe not we didn't take out the high oh damn we already do it though
we're like in there we're in the spike right now wow there was a second one i don't know
you are right here louis you gotta move yours to the right there, Tucker.
Yeah.
Wait.
There you go.
There's a chance we take out the high over the weekend,
but I'm not counting on it personally.
Thou must respect the 2022 fractal until it's invalidated. I hate this because i was waiting for bitcoin to make this
move into 74 like 77k and of course it looks just like the 2022 fractal yeah tommy you hate the 2022
fractal but it fits your bias perfectly i don't understand explain tommy explain i mean i'm i'm
just going to keep using to that like uh the the Dow Jones in 2008 as my analog for Bitcoin.
Can you pull that up on a third chart to the right, Tucker?
The Dow Jones from what, 1980?
2008, bro. Focus up. Come on, you should know this from memory.
I mean, back in 1980, the Dow Jones was technically the S&P.
Hold on.
How local are we going here?
Tommy thinks we're in that little nub.
I do.
I like that.
But, Tucker, go to the daily.
Use the same time frames.
Okay.
Oh, geez.
I only respect fractals from at least two decades ago,
so I can't trust this one.
Ooh.
Okay, so you're saying
you're saying like... that's a good one too
tommy i will give you that and i will say that looks more like that yes exactly than what we did
in 2022 actually this is so perfect dude that. That is pretty good, too.
Yeah, we need to do something about the 2022 fractal guys.
Yeah.
I can't accept that it's going to play out.
I just... Something about the funniest outcome.
Even though I hate it.
I mean, you have to prepare for it, you know?
Yeah.
It's kind of...
It's honestly kind of funny.
Like, ETH pumped more than Bitcoin today,
but I'm looking at the structure,
and it's still just like...
It's still in a range still the range still in a range
oh there's the button i found it dude i found it this is what i've been looking for wow
great what does that do it just popped one you can do that yeah they moved it all
all right what were you saying Tommy um
harder than bighorn yeah I mean but it's still in a range. Yeah.
It's looking scoopy.
Oh, you know what it looks like.
Louie, you'll appreciate this.
A little diamond thing?
What is that?
Is that a diamond?
That's a boomerang.
Yeah, it's a boomerang.
You know there's a boomerang bottom in there?
Mr. Spread wants his diamond. All my boys trade the boomerang bottom pattern.
All my boys.
It's definitely not a diamond.
Diamonds are probably one of the worst chart patterns to try and trade.
It is more of a boomerang, isn't it?
That was right at the first time.
Probably depends on what you're using it to trade with.
I don't know.
I mean, we need to flip these local
range highs and, like, quickly,
I will say. I don't...
Yeah, we can't get cucked here.
We can't get cucked here, man. This would be...
This would be a devastating turn right here.
We're so close.
Well, I mean, let's see.
Equities have been doing the same thing where they sell off in the morning and buy back into the end of the day.
It's just, it's hard for me to imagine like that pattern somehow doesn't just puke 10%.
Now, I've prepared for it. I just don't know if I've ever seen such a mechanical rollover before.
I just don't know if I've ever seen such a mechanical rollover before.
Like, that is like a perfect C, you know?
Like, how does a pattern like that resolve, you know?
It looks like an ultra contango chart.
Yeah, it does.
And we're going to do one of these.
Like, this looks like a...
I'll show you actually what it looks like.
It looks like...
It's like TQQQ or something.
It looks like...
It looks like meta.
Looks just like meta.
Look at this.
Yeah, it looks like IWMQQQ.
Small caps versus big caps.
Like it's just down forever, but you want to play these little tiny moves.
You know what is extremely funny to me is that Michael Burry is like so bared up,
but he's also long game stuff.
Is he? Yeah. He's long long game stuff i've been trying to make
sense of it i'm sure he has an article i'm not going to pay for his sub stack but uh he had a
free article yesterday and it's just like it's like yeah i'm super doomer bear on the markets, but I'm bullish on GameStop.
Okay.
And I don't hate the GME chart, for the record.
I was kind of asking myself, because I know Louie holds it.
I was kind of asking myself, is this just like,
are we playing out a much uglier and noisy version of Bitcoin's like 2018 to 2020 price action on GME.
Even though it's like a way more schizophrenic version of it.
Burry is a DGEN. I mean, most people don't even know this, man. You guys realize that
Michael Burry made his bankroll initially from like tech bubble longs.
He was basically a crypto chud back in the day.
Well, the thing with GameStop is, and Ryan, the CEO has talked about it a lot, is they are sitting on a mountain of cash like eight billion dollars worth of cash
and they are literally he said this word for word like i'm waiting for a market crash
and when that happens we'll be be there with money ready to deploy and they'll be buying assets so
you know if we do get a puke obviously, obviously there's going to be some sort of knee-jerk reaction for the stock initially.
But when people realize that when most people are getting wiped out and de-levered and a company that's talked about, you know, wanting to buy assets at discount prices and then one looks around and say, holy shit, who's got the money?
Who's going to be buying?
It's going to be that.
Right?
it's a good...
Is their operating business profitable
right now?
They are.
They've increased revenue streams, stuff like that.
But I think they still have a lot of debt.
Are they kind of just a treasury company at this point that happens to sell some video games and consoles and stuff?
Kind of, yeah.
They're getting into, what's it called, collectibles.
The cards are a big thing, and they're doing that.
Well, my quant just told me that that's gigatops.
Yeah, I know.
Like Pokemon cards?
Yeah.
Yes.
My quant who identifies as a fat, obese Pokemon,
that it's gigatopped.
Tommy, I saw the guy that quotes who he did do it,
and I was going to comment on it, and I was like,
you know, why even bring attention to this guy?
But he was, like, talking about how, how like people that don't know about pokemon or whatever
and i was going to comment i was like he's literally a pokemon
you know what's going on i'm like did you see the guy's profile picture and his name like he's
literally a pokemon dude it was funny because it's like i read his response
and i'm like you know i respect i respect this point of view but you sound just like me before
i lost like everything in the spring of 2021 talking about altcoins yeah i wish there was like
yeah i wish there was like
well you tommy you said the way to short pokemon is short japan is that true i feel like that's
the best proxy but it's probably not going to give you the same like beta exposure to it we
need to go to the bank with a binder like i want to create perpetual swap. I want to make a synthetic short opportunity on these cards.
Short Nintendo.
Like, how much size do you intend to put on?
on it's like a $20 binder of cards I have a few Pokemon cards that are like worth something
It's like a $20 binder of cards.
but not enough for me to like sell them over the nostalgic value of continuing to own them
so what are they I mean nothing special. I have a few Charizards.
Not like the original ones, but
I have a few Charizards over the years
that I think I could sell for
a few hundred bucks.
I thought those were worth
a shit ton, man.
The original ones, yeah.
Okay.
I don't have any of those. Fun story, though.
I tried to win one from a neighbor back in the day,
not knowing how much they'd be worth.
I just thought it was a sick card.
And I staked my favorite card, and I lost.
So that was tough.
And that was a PSA 10 Charizard.
Imagine.
I don't even think I have enough to like that it'd be worth my time to get them graded but again i want to just like i like having i like owning them and bringing them back when i
look at through the binder of old rare cards that i have i just know that i had some rare ones back in the day and i for sure fumbled them man
like i remember going to like it was probably like game stop or like some store like that and
like buying them and i remember like being fascinated with the ones that were kind of like
shiny and like look cool and i had some cool ones man i had some cool ones i don't remember what they were but like i
know that they were sick and they'd probably be worth something today and then i'm pretty sure
my parents like sold their house and just cheated everything like the garage sale of garage sales
and some geek came and scooped up all my precious Pokemon cards and Yu-Gi-Oh cards. Gary V came and stole
all your Pokemon cards. Gary V came and hardballed
my mom.
She's like, I will sell you this for 40
bucks. And he was like, I'll give you five.
He's doing something.
He got her good, man.
He's trying to start his own
collectible genre
right now.
Why not not man?
Steve Aoki and Kim K shopping for a Charizard.
I prefer not to speak but...
Wait, wait, wait. Say that one more time. I just want to make sure I heard you correctly.
Who's doing what?
Kim K was shopping for Pokemon cards
and her liaison was Steve
Aoki. Top.
Top. Top
of tops. Top.
Top of tops.
Brother, top of tops.
Wasn't like Steve Aoki doing some
shit in like 2021
too?
He tops like every crypto bubble.
He tops everything.
I think he was at like the Pico top of
Apes, Punks, and just
like the general NFT bubble.
Dude, look at the equities chart.
What is going on?
Like, I don't think I can actually
find a top that looks like that.
It looks pretty flaccid.
Yeah, it's weird.
It does.
It's doing the limp meat pattern.
That's what you're trying to say.
That's what it's called.
It's the limp meat pattern.
Look at it.
It looks droopy, man.
Yeah, but look at all those stacked highs, though.
Those are going to get ripped.
You just have to short every single pop and then stop over the last high,
and you could have done that for the past month
and never been stopped out.
But your balance has also been the same for a month
with some fluctuations, speaking from experience.
Yes. It hasn't really moved yet but but see this is where i wonder like okay i think there's probably an 80 chance that this pukes to the downside but is it one of those quick stabs that v recovers
like we'd see 62 6300 and then by like the next 30 days we're back at new highs
or is there something like really brewing here you know and that's the impossible part to know
for sure like we can all take guesses on it yeah but i just don't see how this is going to turn around without taking a stab lower.
You know, like there has to be some stab to rip it the other way.
There's just no possible way it's going to just turn from here.
It's so unlikely.
Or just a massive dap up somehow.
Yeah, I don't know, man.
I don't know how it's going to turn around.
I mean, it's just so anemic.
Perfectly rounded, but still symmetrical.
Yeah, I don't know.
I'm kind of asking myself this week,
are the reptile people, the lizard people, manufacturing a crisis soon to print more money or whatever the hell it's going to be?
I think that what they're trying to do is just have everyone stop talking about the Epstein files.
So they're like, let's up the war and let's nuke the markets and then everyone will stop talking about how we're pedophiles i think that's genuinely their plan
and i think it's working honestly yeah did you see the uh the trend for the epstein files has been like
bleeding yeah because everyone's focused on like the war and they're about to be focused on they
have no money so the the lizard people as as you call them, are basically like,
okay, keep talking about how terrible we are.
You're going to lose all your money.
Watch this.
I've kind of been asking myself this week
if they're just holding it up for something to happen
or something they know is going to happen.
And I can speculate speculate but i was just
asking myself that this week like are they just letting boomers distribute here for months
or like insiders rather distribute for months until that thing happens
yeah probably
yeah probably
but I'm just a fractal chud so
you're a fractal chud until you're not
you become fractal chad when it plays out
oh yeah no I love my life
I love my business I love my family i would never i would never end
it absolutely it's a great point yeah let the record show that i i love my life absolutely
i mean it's just kind of a coincidence that everyone starts talking about
like certain files and then suddenly a war escalates
and then suddenly the market's about to tank.
It's just so convenient, you know?
Snorlax would never
kill himself for the right.
Nobody here would ever
do that.
And furthermore, I'd actually like to
I would actually like to
renege everything that I've said.
None of that is true.
It was said for satirical purposes only.
I think that all the people that were in those files, they're clearly great people.
And I would never, ever, I would never even comment on it because you know they're the best you know i
mean max they would they would never sacrifice the market to protect the files no no whoa whoa
whoa no no yeah no i would never i would never even comment on that. I love my government and my publicly elected officials.
And I love paying 50% income tax. I just support them blindly because I trust them.
We're like the common folk. Oh, we don't understand. I don't understand. I have no
idea. I don't know how I got here. Someone put me here one day.
I have no idea how I even got here.
You shouldn't listen to me.
I believe what you're trying to say, Max,
is that in case of an investigation by a federal entity or similar,
I do not have any involvement with this group or with the people.
I do not know how I am here.
Probably added by a third party.
I do not support any actions by members of Probably added by a third party. I do not support any actions
by members of this group.
Correct. Correct. Absolutely.
And anything that may be
looked at as me
talking down on
my government or
publicly elected officials, it was
clearly AI. It was not
actually me.
I support the cause okay whatever the the current
cause is i support it so yep just wanted to let the record show same goes for everybody on this
panel too like you guys you're fully trusting of everything that's going on like you have no qualms
issues whatsoever right absolutely why Absolutely. Why would I?
And I think, you know, I mean,
I'm going to leave
it there, but yeah.
Nothing is fishy. Nothing.
Everything is above board.
It's all good.
You know what is
probably not above board
the like button yeah i'm gonna guess it's not above board i'm gonna be there in about 10 seconds
so you guys better hit the like or or no oh no oh wait oh so i think two soybeans 32 man soybeans Oh, wait. Oh. Soybeans. Soybeans.
32, man.
Soybeans Friday.
You brought it upon yourself.
The best part about Soybean Friday
is that right after...
Why does that look so bullish?
Saturday.
Wait, why is that bullish?
Agriculture's about to rip.
You thought I was joking in the intro?
Yeah. Wait wait why does that
actually look crazy that looks like a shit coin chart that just is finishing its bear market that
looks like link like last bear market pull up link next to that tucker that looks like the link bottom
to me look we accused you guys of not hitting the like button,
but this is actually alpha.
Yeah, you see that?
That looks like the link bottom to me.
Agriculture is about to rip.
Wheat, I think, is another one.
What else does it look like?
What was that?
Stupid coin. I feel does it look like? What was that stupid coin?
I feel like it looks like.
Dude, remember how fun the whiff pump was to start the cycle?
We had so much fun on that.
Yeah, we did.
Where's the Mexi chart?
Yeah.
Yeah, we were charting that.
And we caught that huge move to kick off the cycle and then ripped a Pepe rotation right after that.
Man, bring me back.
It was so much fun.
God, dude.
It was so much fun.
Bang.
Dude, we had so much fun trading that.
And then we just got
dealt the worst price action
ever following all these
pumps.
Scam, bro. Scam.
Being a whiff maxi for
a few weeks was pretty great.
It was pretty great.
Yeah, I saw that leafy greenbrier i saw that oh yeah we know we know leafy
we know california you say
california appears to maybe be cooked they just had a pretty significant
astrological transit actually like three days ago yeah generally not super
positive for them it's like a reflection of force that how is that how do they do
that by state I it's a city of Los angeles uh had a geocentric pluto return god i literally sound
like i'm in the mog off wars right now uh but my own version of it um uh basically it's a period
of like deep purge exposure and power restructuring are you reading that Or are you saying that from memory? I found the tweet.
Okay.
It's because it had its recent Virgo eclipse to the sun.
I'm not reading the rest.
But like...
Dude, that sounds wild.
Hearing you say that is insane.
Not saying you're wrong.
It's just wild to hear those words strung together in a sentence like that.
We're about to frame mog los
angeles dude do you remember where you were when clavicular got framed mogged by the asu frat
leader bro that was like that was a devastating moment for me devastating man like the asu
got frame hogged last weekend yeah Yeah, I saw that. Brutally.
Brutally.
Dude, this can't be happening.
Oh, my goodness.
What's the other dude's name, Tommy?
I don't even know.
I mean, the one he was going back and forth with for a while was Androgenic, but I don't know what the new guy's name was.
The black dude.
Yeah, I don't know. Like a new guy's name black dude who yeah i don't know like a new challenger approach yeah yeah how am i supposed to carry on with
the show knowing that this is happening this is traumatizing i mean this is the most devastating
event that's occurred in the world in the last two or three weeks most certainly like there are a few
times that i can think of that I will
always remember. It's like, where was I on
9-11, the
birth of my firstborn child,
and when Clavicular got framed
mugged by the ASU front leader?
Yeah.
Apparently,
he didn't even go to ASU.
I think he's already started
an influencer career in Miami.
Was he ever
an ASU frallier though?
We need to do it.
We need to send Wabi to go
confront them.
We will make a production
out of it.
The problem is then Wabi would like blow up
on social media for like bicep mugging the asu frat leader and then we wouldn't have wabi anymore
yeah yeah we could actually frame mog all of them probably. Oh, most definitely. For sure.
Dude.
We're just soybean mogging the audience
right now.
Soybean soy jacking.
But yeah, I'm bullish on agriculture that's uh that's the key point let's look at corn can we look at corn oh of course corn i think zc let's do is there futures seems like a weird way to just type in btc
that looks bullish too bro look at that chart very similar to soybeans yeah i mean that that looks
bullish my uh one of my smooth brain buddies has been screaming at me to buy grains physical grains
me to buy grains, physical grains.
You know, he's like,
we'll just all go down.
Yeah, he's like, when everything goes to hell,
grains.
I'm like, okay.
If Prometheus were here, he'd tell us
to look at rice futures.
Yeah.
Let me just say this once.
If we're living in a world where it's actually important
for me to like warehouse
my own grain i actually think i'd be better off just not being here anymore i don't i don't think
i'm interested in that world you know and then everyone talks about like oh yeah if there's like
some nuclear holocaust you know or like there's a the grid goes out you know like you need to be
prepared and i'm like actually i think I'm fine just being done.
People that are left living after an event like that,
there's no place for me in that society, man.
I'm not going to do very well there.
And I'm aware of that.
I'd have no quality of life.
I'd end up getting killed brutally by them.
I'm not going to pretend like...
I'm not going to survival bog them.
There's no way.
I'm good. I had a good
run. That's it for me.
I trade crypto for a living.
I live in the suburbs.
What am I going to do?
I think those are translatable skills.
Nah.
If the grid goes out?
No, you just buy a huge gun, Max,
and you're instantly out.
I still don't like my chances, I'll be honest.
My only chance is if I go and, like,
seek refuge with the, like,
our silent partner at BB,
who I'm not going to name,
but, like, he would be prepared.
He would thrive in an environment like that.
He would end up being a king.
So I would go live with him.
Yeah.
And just he'd be my general.
I don't know.
That's my only chance.
I'd have to go there.
He's got equipment.
He's got guns.
He's got pallets of ammo he's got planes like like warehouses hangers like he would literally do better in that environment than
the current one he would he would 100 be like he would be the guy that you'd like fear showing up
like he's the he's the guy that like he'd show up. He's the guy that he'd show up and take your resources.
But he's got a soft spot for me.
So I would have to...
That's my only chance.
I'd have to go live with him.
Take my family.
I'd have no chance other than that.
But he really would...
I actually kind of think secretly he might want that.
I think he's kind of bored.
He's already accomplished everything here,
and I think he would want that challenge.
He'd be fully down to just do that.
I think he'd thrive and he'd have fun.
You remember when I push up Mogdon?
You did push up Mogdon.
Yeah, you did push up Mogdon.
Yeah.
You guys will never in the comments, you'll never know who this guy is.
He doesn't want to be known like that, but he is.
He's an interesting guy.
He's truly everybody thinks they they're one of one.
You're not.
There's plenty of people that are like you.
This guy, truly, I don't know anybody else like him.
He is genuinely a one of one.
Very fascinating guy.
Yeah.
He's very fascinating.
Obviously, Louie. yeah yeah he's very fascinating obviously louis wait what louis would take the trash out i actually think louis would survive pretty well in a situation like that i don't know we'll see if it happens it doesn't whip out the meat stick man and just attack you know yeah
i you just put a really weird visualization in my head max i wish you hadn't done that
tommy that's gross you're sick tommy seek help how dare you oh man It's my friend you're talking about. It's completely over.
Ansem.
Ansem. It is not Ansem.
I don't think Ansem would do very well in that environment.
What are likes at? got anything we got any
we got one from me i know that 40
how many viewers though uh it says on here 61 Two-thirds.
It's not right.
I mean, I don't know.
It's a Friday.
Markets are shitty.
We got rice futures on the screen, you know.
Dude, though, why is that thing trading so neurotically?
Look at that spike, you know?
Is a rice future actually, like, can you put the S&P down below this?
I feel like this chart just rips whenever there's economic uncertainty.
Just looking at it.
Yeah, I think that's what Prometheus has been saying.
All right, I'll be buying more rice this weekend.
I mean, look at the drops. It's it's like it's like the vix bro
it moves like the vix yeah cool look at the covid spike man yeah and then go back further and look
at like 2008 look at that it almost it's like foreshadowing yeah it almost foreshadowed in
2008 the big drop because but in the tech bubble it moved after
and covet it moved after also dude i don't i don't use the vix anymore i use rice futures
yeah sniffs out of all in advance vix is old tech man please don't please don't give me 2022 fractal man i can't i can't dude i'd be still pissed if
that plays out man dude it will be a tragedy if that plays out it will be the worst i just i'm just holding out that like there's just no way it will play
out man like it is way too popular there's no way it will play out i see it you know it's just like
you can't let all these fractal chuds get away with like nailing the most obvious fractal in the world you can't they bastardized my craft max yeah they did they did literally you should have to pay extra for
trading view fractal tool just so that less people can use it nobody's prepared for this scenario
dude actually everybody is prepared for it.
Literally everybody's watching it.
Or no one cares anymore.
It's like we did at a party.
Nobody was prepared for this
situation.
Everybody's prepared for it.
Who's that guy?
Shit. Alright, Tommyy take us out that's it that's it for friday all right that that was a proper friday show i have to say um yeah that was a that was a
pretty proper friday show so i hope you guys enjoyed it. We certainly did. Talking about all things markets.
And I'm not going to say it, but crypto, our word, right?
The R word strength that we're seeing right now from the market relative to equities.
Will we see equities resolve at any point in the future?
Or are we just stuck in this forever range?
I guess we technically are kind of like below the 6,700 level. So next week will be pretty interesting, but
we'll find out what we get guys. We'll see if we get any movements with the war, if it has
any impact on the market and everything else in between on next week of market check.
Reminder that we do these shows live throughout the week when the New York Stock Exchange is open on the following days, Monday, Wednesday, Thursday, and Friday.
And we go live around 1130 a.m. Eastern Standard Time.
So we'll see you guys on Monday.
I'm sure it'll be an interesting week, like I said, next week.
But of course, also make sure to finish up your day with Market Talk hosted by the legendary king wabi that is our x spaces uh
that is i guess also hosted technically through our because bitcoin x account uh so make sure to
wrap up your day over on that show um i i keep saying it but the the spaces have been giving us
some really great vibes recently and some really great alpha as well uh so make sure to tune in if
you enjoyed market check today you're looking for a little bit of an extra dose of market commentary
and analysis, tune in for market talk on our X basis, guys, because Bitcoin, our typical start
time is around 345 Eastern Standard Time, Pacific Time, of course. No, Eastern Standard Time. That's
right. Sorry, it's Friday.
Cut me some slack.
But I hope you guys have a great rest of your weekend.
We hope you enjoyed the show today.
We'll be back on Monday for another episode of Market Check.
But until then, thank you again, as always.
And of course, stay safe, guys. Thank you.
