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Market Talk- $BTC gearing up for new highs!? Rate cuts at FOMC!?
Recorded: July 22, 2025 Duration: 1:33:10Space Recording
Short Summary
In a lively discussion, crypto enthusiasts explored the current market dynamics, highlighting Solana's breakout, XRP's potential growth, and the bullish outlook for Ethereum. The conversation emphasized the importance of macroeconomic factors and institutional adoption, suggesting a trend of resilience and growth in the crypto space despite ongoing volatility.
Full Transcription
Thank you. Thank you. Thank you. Thank you. Thank you. I can't remember anything, can't tell a case is true or do you?
Deep down inside I'll feel the stream, this terrible silence stops in there.
Now that the war is through with me, I'm waking up again, now I see that there night boys live to me.
Nothing is real but pain.
Now I'm full of my precious.
I wish for dear.
Oh, please God, wait me. Back in the woods, it's much too real
It's like that I've always failed
But can't put the cold water in here
Look to the time when I lived
And put the two rich days in me
Just like a wartime novel, dear
Dying to the shit that made me free
Cut this life off from me
All my breath is always more care
Oh, please God, wait for me. Oh I'm in this small town. Always got it. Thank you. Oh Thank you. That's my best thing in my sight, thing in my speech, thing in my hearing, thing in my arms,
thing in my legs, thing in my soul, and it was like a chill. . Okay. Thank you. Music so what's going on guys happy tuesday happy tuesday might i. Quite the choppy market out there, but still some interesting stuff to talk about.
Welcome back, ladies and gents, to Market Talk, brought to you by BecauseBitcoin.
I'm your host, Wabi, and man, I will probably never, ever get tired of hearing that solo from Metallica's one. That last minute is just absolutely insane.
Unfortunately, I don't think they're able to play
as hard as they used to back in the 90s.
But nonetheless, guys, quite the day in these markets,
we have Solana finally breaking out of that 180 range,
now trading above 200.
Probably some little chop between probably 190 to 200 for some time
given that it was massive resistance for uh for quite some time guys but we still are seeing some
tokens continuously making all-time highs you guys know the tokens that i've been talking about when
it comes to majors spx 6900 but more specifically withu. We were talking about it on the show.
Pengu up another double-digit percentage points today.
And there are hardly few assets within a cycle that capture every single narrative.
Last cycle, we had things like Luna that captured DeFi, that captured on-chain,
that captured yield via staking.
And Pengu seems to have all of those things. So I'm properly positioned for that one.
Same thing with SPX 6900.
We also have XRP flirting with price discovery yet again.
And for those that tuned in to my Twitch stream, I believe it was last Thursday, with Josh,
Spread, and Ed.
We were talking about, you know, if XRP breaks out of that $3.60-ish level and goes above $4, it probably charges on to $5, $6.
When you have things, ladies and gents, that have been in these massive multi-year consolidation phases.
The breakout is absolutely explosive.
And something that I've been looking at over the last two, three days,
which I haven't really stated much,
is both the ETH chart and XRP chart are kind of these quicker versions
of what occurred to the NASDAQ post.com bubble crash, where for those that
aren't really familiar with what I'm about to say here is the NASDAQ went up about 300%
after the 1997 crash. So within two years, you had trillions and trillions of market cap added to the NASDAQ.
And truth be told, guys, if you look at what ETH did going from $80 all the way to almost just over $3 in two years from 2015 to 2017,
late 2017, early 2018, you likely have these very long consolidation periods.
Although I personally didn't really think ETH would take this long to get into price discovery
back when the FTX crash happened when e3 tested a grand
but if you overlay both charts they're kind of doing what they did after the financial crisis
about a year after the 08 financial crisis we're going into 2011 2012 you started to see some NASDAQ outperformance. And then going into 2013, that's when all the tech stocks finally eclipsed their old
all-time high for March of 2000.
And if we just take a look at, just for example's sake, because I don't want to make it all about
ETH, but if we also pull out XRP, it's essentially doing what the NASDAQ did,
these long multi-year consolidation phases. But now with all of these developments that we're
seeing in the crypto world, with all these ETFs coming in, all these treasury companies buying
all these digital assets, we basically went through a half-lost decade with some of these assets.
I know XRP is taking a bit longer, but I guess a better example would be something like IWM,
which is another endacy in the stock market.
I think that's a better example.
We take a look at the IWM.
It's essentially been doing nothing for four years.
But given how much the market got brutalized earlier this year, and you take a look at
the MACD and the RSI hitting lows not seen since essentially the COVID crash that we
had, which, as I stated yesterday, if you guys tuned in, the COVID crash did not happen in a single day.
It was a multi-week period of destruction, similar to what we saw earlier this year.
And we hit similar levels and also similar recoveries.
So if you guys just pull up the QQQ or the NASDAQ, whatever ETF you want to use to kind of compare what I'm saying, then you'll see once you started getting into price discovery after 10 years of essentially doing nothing, these assets go absolutely ballistic.
And given how quickly these markets are forward-looking and how fast the velocity of money is now,
where we're probably not going to see these multi-year recessions anymore,
then just be prepared for insane price discovery once both of these assets actually chat through these multi-year resistances.
And I have been posting on my profile about ETH going to 10K and all that stuff
and reaching escape velocity.
And I think now is actually the time to be bullish on this asset,
especially with AI.
There's so much cool shit going on with AI and crypto,
specifically on things with ETH.
But look, I'm here joined by Donnie.
I also have Kelly on the show. I haven't had him since the last time I had Kelly on was probably mid-March,
late March as we were finishing off that mini bear cycle, I believe.
And it's going to be a great catch-up.
It's going to be a great catch-up call.
I want to welcome Kelly up onto the stage.
But guys, before we get started, I also have Ragsy up here. What up rags um i also got donnie of course as always we're gonna go ahead and start
off the show but before i do that guys before we go ahead and cook for the next 45 minutes to an
hour if you guys can go ahead and show some love to the space you guys already know how to do that
just uh click the spaces tab once you guys that, right above all our profile pictures, you'll see a nice little link that says x.com slash i slash spaces.
Smash up the like button.
Hit that like button.
Smash up the repost button.
Hit up that retweet or repost button, whatever it is you want to call it.
As it does a number of things, helps bring us more out into the algo.
More people can discover the show, discover the brand and all that good stuff.
And of course, it helps please our tech overlords.
But guys, thank you all so much.
We're going to go ahead and get started on the show.
These inflows for the ETH ETF once again are proving to be very similar to the inflows
that Bitcoin had in quarter
one of last year.
And ETH BTC still continues to chat up.
A little bit of a pullback.
We did see BTC dominance have its first green day today after basically gapping down 10
plus percent.
I think it's actually one of the biggest drawdowns we've had on ETH, not ETH, but on BTC dominance in quite some time.
But ETH BTC still has that massive uptrend intact.
First pullback in like almost two weeks, probably a week and a half.
But either way, I want to pass it on over to Kelly.
I haven't heard from him in months, man.
Brother, what's going on?
How's the market been treating you over the last couple of months,
couple of weeks, man?
And what are your thoughts
on all this dubious speculation
on Jerome Powell quitting?
It's like every single day
there's some new story
that, hey, Jerome Powell's best friend
or coworker says that he's about to resign.
Hey, Trump mailed him a letter saying that he's fired.
Hey, Powell messaged Trump via email about XYZ, about stepping down to find a replacement.
Is Bessent going to becomes the new Fed chair, these markets are going to chat up so viciously.
It's not even funny.
Probably some short-term pain, though.
Like, just probably a week of down only, but then a V-reversal.
But, Kevin, what are your thoughts, man?
thoughts man and uh welcome back to the show man great to have you on
And welcome back to the show, man.
Great to have you on.
you're off mute by the way i know spaces were kind of acting up earlier
maybe it's just on my end is he uh is he on mute donny regs i think he just disconnected
yeah yeah spaces were having um some issues when i was starting up the space
when when i was starting up the space it was like going blank on me i'm like oh crap probably gonna
have to uh cancel the show here man but oh there he is i'll bring him on up
here we go can you hear me now yeah loud and clear man loud and clear i kept pressing the
unmute button it was just toggling on and off on its own.
So we're not there yet with X Spaces,
but we got some great blockchain technology
getting delivered, right?
But yeah, welcome.
Thank you for having me back.
Almost said welcome to be back.
Thank you for having me back.
The markets, man, it's getting spicy, isn't it?
For those of us, any of you out there
that have been in the market for,
I mean, shit, even three months,
you feel like a veteran at this point,
especially with everything going on in the news cycle. But yeah, I think you
hit some of those numbers dead on the head. Solana, it's not just Solana, it's a number of
altcoins, including Bitcoin itself. There's a lot of multi-year major resistances that have been
breached. I haven't seen any technical confirmations of those breaches yet,
which would just be a normal bull market structure, which is what? Rise, retrace,
continuation. I am expecting either a sideways consolidation on a bunch of these assets for,
even if it's for a week or two, or a pullback to hit those numbers solana that would be 177 excuse me
which is a trend line that goes back to 2021 top uh to the recent peaks that it didn't break
through to now breaking through that 177 the next target above that i'm looking up at about 220 some
consolidation and then hopefully lift off from there chain linklink also. Chainlink has been in a five-year accumulation into like a compression on a giant symmetrical triangle that it just broke out of that line,
I mean, about three or four days ago. And again, I'm looking for either just some confidence here
with, you know, whether it's sideways with, you know, consistent positive money flow,
whether it's sideways with consistent positive money flow, consistent volume defending a breakdown
or a breakdown into that $17 region and a bounce from there.
But I think there's a lot of interest that's coming back into the market because there was a lot of hope, I would say.
There was hope about the things that were telegraphed from the administration getting moved forward, like some of the executive orders and the deadlines on those.
The tariffs, obviously, that January 9th thing got delayed a little bit, but we are seeing
activity there.
We just saw the Genius Act and the Clarity Act.
We're starting to see real positive momentum on steps being taken that were promised to
be taken.
Now we're actually seeing those steps being taken.
And because of that, and because of some of these things that have just happened with
like the Genius Act and the Clarity Act, and obviously the major momentum that's starting
to kick back in on Ethereum, I think that's starting to wake up the market on a broader
sense versus just this Bitcoin is the chosen asset.
I think, of course, Bitcoin is the apex asset, but I think a lot of
people were counting out the alt side of this market, considering that the next phase of our
lives and likely for the rest of our lives is going to be built on chain. How can you count
out the altcoin market if that's the case with the layer ones, the layer twos, with identity,
with NFTs? And all of this is moving on chain, including payments.
So I'm super excited about what we're seeing right now. I would caution anybody from being
bothered if there's a dip. I think we need to look at where this is going and really be thankful,
honestly thankful. If there's a dip, hallelujah, glory to God, that you get an opportunity below
this because I think that we're about to see the floodgates open on capital coming into this market as we've seen sort of injecting money in the market silently.
When we actually see money printing and quantitative easing, I think we're going to I mean, I don't see a four year cycle happening this cycle.
I think we're still going to get a pullback going into the end of the year.
It's going to trap a lot of people thinking that was the end of the cycle.
And then the market's going to persist up going into 2026, I would say at least summer.
But that's what I'm thinking.
I'm feeling, but I'd love to pass the mic and keep the conversation on.
And that's exactly what myself and Donnie are thinking.
And you know what, Kelly?
I want to show you a chart that I posted up on the Nest for my personal profile.
So if you guys want to follow along on the spaces,
you guys know that everyone here on the panel, including myself,
we often chat about things and we put some posts up to back it up.
So Kelly, if you look at the chart up above on the nest,
I've posted the, the Rolex index.
So it takes the prices of practically every single collection within Rolex,
right? The Submariner and all that other stuff into one, right?
You can find it on watchmarket.com.
And if you paired alongside the ETH BTC chart, when ETH BTC had bottomed in early April and started to perk up just a little bit, I think that what the rolex uh indicator is uh is doing right now and
we all know right that when bull markets get frothy across the board in stock markets with
low cap tech stocks and all coins here in the crypto market specifically all coins against
their bitcoin and eth pair that is when you start seeing the watches on the timeline the lambos and all that stuff and if you
take a look at the chart you'll actually see that we had a little pullback in late 2017 and also
in early 2020 when the indices perked up a bit before the covid crash. And then, of course, the second half of 2020 came along, 2021 came along, and
it was parabolic. And I think when we think about bull market tops or multi-year tops or just the
casual 12-month bear market, I just don't think that can happen, Kelly, until you start seeing
this in price discovery, which I think is kind of a lagging
indicator with eth btc and we all know that it is truly easy mode truly truly easy mode
once you start having eth btc perk up man what are you thinking i i completely agree and that's
not to mention you know what we just saw happen with the Bitcoin, just global awareness, especially let's talk about specifically the U.S. right now with all the Bitcoin treasury proxies that have sort of emerged and a lot of the suite of products that we've seen come out of MicroStrategy, now Strategy with Strike and Strife and Stride, all the different ones.
and stride all the different ones but those are popping up across the planet now too with meta
planet and uh i mean there's a number of of companies outside of just strategy that have
uh really started stacking and i mean we're away but now we're also seeing ethereum was almost like
i mean you guys remember this those that are scrolling crypto twitter for up until about
three weeks ago when he started moving.
It was like, no, it's got to be sweet.
It's got to be saved.
It's got to be XRP.
It's got to be.
And everybody's forgetting that the majority of the altcoin ecosystem is built either on Ethereum or with the EVM compatibility.
So and that's not to mention even the stablecoin part of this.
Now, the stablecoin part of this drives a huge benefit for Ethereum, being that the large
majority of stablecoins are built on Ethereum. Now, because of all these things in place,
now we see Tom Lee talking about, was it Bitmine now doing, I can't remember how much they started
with, but they committed to another $20 billion billion or the roadmap shows another $20 billion worth of ETH they want to buy.
There's another, I think it's called Ethereum machine, I think it's called, just bought
$1.5 billion.
Joe Lubin says he's going to basically add another $5 billion to what they're doing.
So we're starting to see awareness out here.
That's not even including Sharplink Games.
I think we're going to start seeing
broader awareness because of the Genius Act and stable coins, understanding that,
oh, it's not just, hey, there's meme coins we can make money on, or, oh, that's all fake
stuff. They're starting to see real infrastructure and technological growth potential and what this
looks like going forward and where to put money.
And that's what investors do.
They forward look and see where the trends of industry are going.
And now because of Bitcoin, we see a massive sort of roadway sort of paved by what you
saw Michael Saylor's strategy do, but also the fact that now we have these things being
talked about at the highest levels of government, regulations coming into place, banks talking about integrating payments, loans, crypto services.
We're really now just now crossing this chasm of acceptability on the lowest level of acceptability on the world stage. So the fact that right now, Ethereum being at just under what, $3,700,
$3,600, Bitcoin at $123,100, now today about $119,000, $120,000. People are wondering,
did they miss the boat? And I'm like, do you realize this? I mean, it was all being built
this last 16 years. And we're just now at the place where the door is built and people have been knocking.
Now that door is open. And this door just got redefined as being an absolute, I mean, it's just,
I could not be more bullish about where this is going. I mean, and I think that your post about
the Rolex indicator is actually great because it also references when things get frothy. We have gotten
nowhere near froth. And so for people to be worried that we might be somewhere near a top,
there's no indication of that for me at all. There's not one indicator that says, hey,
we might be near a top unless we're just tuning into fear. Yeah. And then of course we have IWM,
which has kind of been just coiling up these last couple of quarters, man.
But that's an interesting point that you brought up with Chainlink, man, because I know I was bringing up assets like ETH and XRP being in these multi-year ranges, similar to the ranges that the NASDAQ was in for almost a decade but of course if we want to take a more granular approach the Nasdaq after it bottomed out in when when was it
in March of 2009 we had a massive V reversal and if you take a look at ETH
bottomed out in April that was the massive V reversal and that was basically
after years of doing a whole lot of
nothing, which that's basically what the NASDAQ did from March of 2000 until March of 2009.
Of course, we did have that drawdown. So perhaps more like September of 2003, I think that's when that bear market officially ended when bush did uh operation
shock and all and then the nasdaq just kind of ping-ponged around um ping-ponged around a range
and didn't even get close well you know you know what's great about this too because everybody
wants to get so locked in on just their altcoin and they wonder why we're up here talking about
the nasdaq and sb 500 those have a more entrenched uh ability to wonder why we're up here talking about the NASDAQ and S&P 500,
those have a more entrenched ability to signal where we're going on the global stage of what the outlook is, right? And so that gives also a tied front-running signal or a correlated signal
about the risk on, risk off that's going to affect the market. And even right now where people are
still arguing that we're going to see a four-year cycle, listen, I'll hedge for that a bit, but I don't see that as to be the
case because also with S&P 500, I just shared this up in the nest, 80% of the time after new
all-time highs means that there's going to be higher prices persisting for 12 months.
So that means we just got a new all-time high after that massive V-shaped recovery from the tariff scare. So that would also suggest April, May, somewhere in there next year, we would still likely
be pushing higher based on this metric.
Of course, that's only 80%, but 80% is a pretty damn high hit rate.
Most traders that trade look for something that's above about, I would say, 55% to 65% hit rate.
So 80% is a pretty good. And there's no indication on the global stage. If we want to just talk
plainly, there's no indication on the global stage that money printing is slowing down. We just saw
China do a $700 billion injection to their economy last week. We see all these bills getting passed and we're
already at a $2 trillion deficit and we just added another $5 trillion to the budget,
to the debt, I should say. All indications are up. And then you look at the charts and you see
Solana, you see Chainlink, you see Bitcoin, you see Ethereum, everything is showing signs of a rotation that continues, continuous momentum that's expanding to higher from here.
I'll pass it on over to Donnie.
Donnie, what are your thoughts, man, on some of the things that Kelly is bringing up to the space?
brought it up to the space. And also welcome, brother. Welcome, welcome. I know when me and
And also welcome, brother.
Welcome, welcome.
you got on that phone call a couple of days ago, we were talking about certain countries,
which I won't mention here, but they're about to start printing some money as well. And
some context that I want to add to this, guys, is when we had Jackis brought onto the team about
two years ago, he mentioned something that the U.S. is usually the laggard
when it comes to monetary and fiscal policy,
and we usually see other countries starting to front run
what the U.S. is about to do.
So such a public was actually cutting rates in 2023
while we were raising them.
So then, of course, the U..s followed and so on and so forth but donnie stage is all yours brother glad you can make it man it's gonna be a great show
yeah cheers bro that was a nice uh chat between you and kelly i was actually meant to do a space
with kelly i think at the april bottom when i posted that thread uh kind of calling for all-time
highs in may and june but I couldn't make it.
And they ended up having a huge show,
which sucks.
But yeah, nice to...
I've never actually heard...
I think I've been on OneSpace with Kelly before,
but it's nice to hear someone with some aligned views
and backing it by a ton of data and good logic.
I agree with pretty much everything that was said.
I think this market's destined to go much higher.
I actually made just a little write-up this morning
kind of discussing the length of the cycle
because I posted in early June
the chances of a cycle top in 2025
are just looking super slim.
And the chances of above 200k BTC
and above 10k ETH in 2026 have increased a lot.
And yeah, most people are too zoomed in to see it. Crypto Twitter is full of traders and a lot of them are really good at
trading. It's just when you try and forecast like a macro picture of where things are going,
it's very hard for a scalp trader to give you kind of insight as to where this thing can end up.
So you have to pivot to who or what sort of accounts you start getting signal from,
pivot to more macro guys who have been pretty accurate and stuff,
because they're tracking things like liquidity, all of these global economics,
and all this kind of stuff.
And that's actually what moves your shitcoin in the end, right?
It may be at the bottom of the barrel, and you need the S&P and gold and all these other things to go up first, but it eventually trickles down moves your shitcoin in the end, right? It may be at the bottom of the barrel and you need the S&P and gold
and all these other things to go up first,
but it eventually trickles down into your shitcoin.
So, you know, you need to know all of this stuff.
You can't just be kind of one-dimensional
on the technical side, you know,
if you want to be able to have spot-on projections.
But yeah, everything that was discussed
sounded really solid to me.
Even today, based off of yesterday's stream that we had,
talking about DXY, gold, and the coin and total two overlay,
we still have legs in this rally on crypto.
Specifically, BTC, ETH, and SOL,
I still think they've got a ways to go
before we get a big rotation in alts.
A deeper shot into price discovery on Bitcoin should unlock that. For me, it's $130k. And if
we can get below 58.5% on Bitcoin dominance, I think you're going to get a big trigger in the
altcoin market. And that's kind of where things start to move very quickly, very similarly to how we started moving
when we crossed 99.5K,
which to me was the bull and bear line
of when we were at those 74K lows, right?
That's the origin of the move
that sent us to those capitulatory lows.
Instantly, as soon as we reclaimed that,
you saw on-chain in crypto start multiplying
literally day by day.
It was unstoppable.
And I think that level should get triggered above 130k BTC.
And based off the gold fractal that I shared yesterday as well,
kind of us just trailing gold,
it looks like we're headed towards 138k to 182k,
somewhere around the middle of August on BTC, right?
Then we've also been validated on the low timeframe
with this little range that we've had on btc that with every incremental bounce you're seeing well you've been seeing
eth just putting in higher highs and higher highs even though bitcoin's putting in uh lower highs
right indicating some sort of rotation or people just wanting to front run the trade and get into
eth uh you know anticipating btc might break out here so you're even seeing that
with soul now right soul's kind of doing what eth btc was doing the last couple of weeks it's really
wanting to rip with every bounce so it's nice to see right you're getting validated on basically
everything and uh yeah i'm looking at dxy you know we're talking about it yesterday it's looking
heavy even locally and you've got this nice liquidity trail all the way back down to that
96.3 and you're starting to chew through that so you can form a range down here you could you know
deviate that 96 uh zone come back into the range chop around here for a bit but i ultimately think
there's just way too much uh downwards pressure on the dollar with you know the trump admin that
this thing is just destined to go lower over a higher timeframe. It could chop around here.
Donnie, I'd love to just highlight because you just brought up something that most crypto
traders get so bored with, but it's such a magnificent signal. I'm going to share this
up in the top of the nest. There's two tweets there. That one is quoted to another one below
it. But back on March 28th, when the market was falling, I shared a dollar DXY chart
that basically showed, it's basically called the Bitcoin stock risk matrix simplified. Basically,
if the dollar falls, you go into risk assets pump. If the dollar pumps, risk assets don't have a good
Don't have a good time. But there's a pretty clear trend line that was there. And I highlighted
time. But there's a pretty clear trend line that was there. And I highlighted essentially,
essentially, if that were to break down, that's likely when risk is going to pump. And you'll see
on that actual tweet that I shared up there in the nest, the day that it broke that trend line
was April 7th. That's also the day that the market reversed and Bitcoin started pumping when the
dollar broke into that risk assets pump zone. So there are simple signals. It's never going to
be one signal, but there are these sort of simple global economic figures that you might feel bored
with because it might not mean your bonk is going to pump right now, but it gives you a signal
that risk is likely about to get turned on, dampened or turned off. And that one completely
nailed it. So you're right on the money with that, Donnie. Yeah. And that actual pivot point that you're mentioning at that date is actually very similar to technically on the chart to where we are right now.
You've got a nice liquidity trail below and you're pretty much breaking to the downside.
Yeah.
The DXY has a massive weighting in the macro picture for our cycle this time.
I would give it like a weighting of like 85%.
If this thing is trending to the downside, you should be long risk. But here's what they did, Kelly,
is when the DXY was nuking, what was the narrative that was being pushed for you to
still be sidelined in the risk markets? It was the end of US exceptionalism. Sell America,
everyone's selling America. This is bearish. Oh my God. And then boom, BTC started rallying with no pullbacks. So there's always a narrative to
assist the bias of the price movement. And I still think we're yet to experience the true upside
narrative to assist price bias to the upside, right? You saw how disgusting it got on the
downside. Well, I think you've seen nothing yet to the upside. These bullish catalysts that people
are talking about like, oh my God, so much bullish news. This is the signs of a top everyone's
bullish. I don't think you've even come close to the pinnacle of the bullish news that we're going
to have in this cycle. And it's just going to keep materializing quarter by quarter, half of a year
by half of a year. I literally think that even though my timeline right now is 5 to 17 months, it's more skewed
towards the longer end of that. But also, it could even go longer than that. Literally,
it just depends. These structural shifts in the dollar, they can persist for years, right? That
doesn't mean that the dollar is only going to go down, down only. Of course, it can have a full-on
rally for six months or a year. But I think that the high of 115 during the COVID
peak might actually be in for
a much higher time frame,
talking like five plus years.
So that's going to have a
significant impact on
things like Bitcoin.
So these are super high
time frame things that you need to consider when you're calling
for the cyclical top, because
most people that are calling for the cyclical top can't even define what the actual
cycle is. They think it's a Bitcoin cycle to do with the Bitcoin halving. Well, really,
it's nothing to do with that, right? If liquidity is continuing to go higher,
then it's upwards pressure on all risk markets, all assets pretty much, right? So we just need
to keep monitoring these things. We know they're taking, you know,
extreme measures to fund that debt problem. One of the main ones being this whole narrative
around stable coins. And, you know, we've discussed how are they going to bring in that demand
through stable coins? Well, they need to create an environment or engineer a risk environment where
people actually want to buy these vehicles that, you know, you need stable coins to unlock
so that they actually come in with this crazy demand, right? If you pump or if you engineer
the market environment for risk to do well and market crypto and BTC as the hedge against this
whole inflationary environment, well, there you go. There's your stablecoin demand, right?
They're projecting, well, they started projecting 1 trillion for a total stablecoin
size. And then they bumped it up to 2 trillion, then 3 trillion, then 3.7. And that number is
only going to increase, right? So that's a big mechanism to fund this debt problem that they
have, right? We're seeing no one wants to own bonds. Well, that's a very strong reason as to
why they're pushing this thing. So pump risk, attract global capital, and fund that debt problem.
Keep the Ponzi going.
That's literally the game plan.
And it's a long time frame.
Yeah, on that note, I actually shared an on-chain chart up there
basically showing the capital flow in the Bitcoin market.
And there's just been an interesting trend every cycle so far,
even on the little intermediary cycle we had last cycle from 35 to 13 back down. But you can say,
I just pointed the main ones out in green and yellow, the green ones being early cycle where
the price was moving up and it felt substantial at the time. And then you see on the bottom of
the chart there, if you're looking at it, it's pinned
up there in the nest, the green boxes.
You see the green line moving up.
That's capital coming in.
It resets back to zero or even dips below and then pumps again, basically double tops,
comes back, resets.
And then you get this mass expansion phase, which we saw very clearly in 2017, which I
think this cycle is mimicking just on an extended
basis. And then again, we just saw that double pump when we went up to 74 and then 109,
and we reset back to zero both times. I think we're about to have that expansion phase,
which is that parabola zone that everybody's talking about. But I am a little bit reluctant.
I'm not sure if we're going to get the full-on parabola. I'm kind of 50-50 on it. We have
to see it as it develops over the next 15 months or so. Because of the types of players that are
involved now, I'm not sure if this is just going to see $25,000 candles in three or four days,
and then we consolidate sideways two to four months, which is not unheard of. We saw it last year with the
six to seven months sideways consolidation ranging $20 before it broke out and went, you know,
a massive pump up above 100. But either way, I do think that we're reaching an inflection point
because the number of big players that's getting involved is happening on an exponential trend basis right now,
whether it be from corporate buyers starting treasuries or actually even what they're stacking,
but then also the awareness that's coming into this market. And we haven't seen retail entry
yet. And I'll tell everybody right now, that's a good thing. It sucks for the retail that's not in,
but as somebody that's in here looking at the markets,
the fact that we haven't had a flood of new,
a real flood of new retail coming in yet
means we haven't hit anywhere near the peak of greed
and euphoria yet,
which tells me there's a lot higher to go
before those things are triggered.
Yeah, typically it's happened
every time that Bitcoin has doubled its prior cycle all-time high. If you actually check Google Trends, also check when others, which is just altcoins, started rallying super strong against Bitcoin, especially last cycle. As soon as we hit that 41k level is when we started getting a lot of interest and the prior cycle high being 20k in 2017. But
yeah, I agree with the whole parabola thing. I don't think it's going to be like that. And if
it did happen, you know, maybe tons of leverage through these treasury companies or whatever,
or people just really trying to front run Trump's, you know, 3% projections for rate cuts,
maybe there's like crazy FOMA that leads to some sort of blow off top. Other than that, even gold is telegraphing that we're going to have another range, right? I just
shared in the nest kind of this fractal that I've been using of BTC and gold. Gold's been ranging
for like, what is that? Three, four months. Now DXY is looking super heavy. It might go lower and
that's going to essentially cause a breakout on gold if it does break down. But that month lasted, sorry, that range has lasted months on gold.
So I think BTC will do something similar.
It'll find its local top here, wherever it is.
For me, those targets are 138 to 182.
And then just form a range, just like gold.
Of course, that range can be more volatile than gold because it's smaller in size.
But yeah, it just looks like we're going to keep impulsing
higher, find a range. That range will just be a consistent shakeout, more people entering,
more old holders selling, and then you just keep going higher as this macro picture keeps
incrementally unfolding. It's not like a burst of liquidity that happened in 2021,
where you just had a ton of money printing directly into people's
hands essentially and markets just went vertical and then came back down right and in 2017 the
space was so small it was quite easy to move you know a bitcoin chart especially altcoins back then
just because everything was so much smaller now that everything's a lot larger it's probably structural as we do increase.
I think Kelly dropped off, man.
Spaces are acting up.
They don't want them to know the playbook donnie i know bro
that's gonna be it's gonna be a crazy one i think um like the crazy part is that i know everyone is
burning to sell and make some money and oh i realized some money thank god and then you're
gonna watch it go higher and it's gonna be very hard to stay out honestly like you'll get a pullback
on something that you sold it's going to be that pullback is going to be way higher than uh you
initially sold and you're going to be dying to get in because the bullish propaganda that comes when
a real bull run happens is just unbelievable especially with all the catalysts that are
actually aligned for crypto literally the us government blackrock marketing your bags to the
entire world trying to set up railways
so that people in Africa can buy their debt.
Like literally, that's how bullish it's getting.
Something I couldn't have even fathomed
in 2022 and 2023
when I was already getting bulled up
at the ETF and Trump taking office.
So it's happened so fast
and it's happened for a reason, right?
You can see the bond markets, the problem that's going on there
with the supply and demand imbalance.
So they need to get a move on and they're doing so.
Shit, man, there's really a lag today on spaces bro this is whack i think elon used some of the
the x spaces budget for um for that new diner that he opened up man do you guys check that out
it actually looks pretty sick bro like it actually looks like a futuristic restaurant. But talking about gold, did you guys see that ratio that Ben Cowan gave to Peter Schiff?
That was nasty, bro.
But it's actually true.
I put it up on the nest.
Oh, so Peter Schifelstein, the gold bug, he said, I may not own any Bitcoin, but I have a lot more money in gold and silver mining stocks than many Bitcoin whales have in Bitcoin.
Bitcoin is up 27% so far in 2025, while the GDX is up 61%.
Have fun staying poor, Bitcoiners. And then Cowan tweets out as a reply, imagine thinking you're flexing while gold is down so much against Bitcoin, that trading view just rounds it out to minus 100%.
And that's a chart that he pulled up from 2010, the gold to Bitcoin ratio on the weekly.
And so Peter's tweet got 2.2K likes and Cowan's tweet got 2.2K likes, and Cowan's tweet got 3.4K likes and got more retweets.
He ratioed him, dude.
Well, the data is here.
I mean, the data shows.
I mean, every asset that exists loses value against Bitcoin.
I don't care if you real estate, gold, name it.
Name the asset. Over the last 15 years, there's not an asset that gold doesn't beat.
And it always makes me laugh. It makes me only consider that Peter Schiff is just engagement
farming because as much as we want to hate on him, he is a smart guy. He's a brilliantly smart guy.
I can't imagine, one, that he doesn't own. And if he doesn't, it's because his wife owns a lot and his son owns a lot. And two, you're not going to ratio, like he thinks he's ratioing us on a
day that Bitcoin's having Bitcoin pull back 5% today while gold is up a quarter of a percent.
It's like, bro, zoom out like over the course of the year or
five years or 16 years there's no argument to be made now i'm not saying gold is a good
but i i just i can't put it i can't see that shift really thinks that bitcoin is it doesn't hold
value if you believe in ai and you think ai compute systems hold value, if you believe in social media, if you believe
in anything that has a large computer network, even if you don't believe in the mission of
Bitcoin, you cannot understand that Bitcoin has a massive amount of not only intrinsic
value, but hardware value.
I mean, the network value, I mean's it's there
ragsy what's going on welcome you don't have to stay quiet you can jump in whenever you'd like how are you welcome back
Greg J!
Space is cooked.
Yeah, yeah, man.
Yeah.
Well, do we actually think Basant would make a good Fed chair, by the way?
It seems like he wants to be a pseudo-Fed chair,
but he's definitely going to pull off a yellow man. Would that even be
possible? Like, like head of the treasury and also Fed chairman at the same time?
Well, you still have the other Fed chairs, though, like, right, you have all the other
Fed governors that are part of the board, they have to vote. So I'm not sure how much that would
do other just driving heavier influence in the rooms.
I think all of it's just noise. I mean, the letters that people are showing today that
Jerome Powell resigned, it's like, bro, I just made me realize how easy it is,
why so many people are getting scammed. I looked at that for less than one second and realized it
was fake just by looking at the seal. It was clearly AI.
But this just goes to the point, I think you hit the nail. Was it you, Wabi, or Donnie? I can't
remember which one. If Jerome Powell were to resign or get forced out, I don't necessarily
think that would be good for markets. I think it would be good to have the interest rates lower,
yes. But him getting forced out, I think, would cause good to have the interest rates lower. Yes. But him getting forced
out, I think would cause us an uncertainty scare in the markets because the needle that he's,
he's been having to thread while he has gotten more political and, you know, tariffs are bad,
but all the things that Biden did were good. It kind of, it is a bit hinky, but what he's,
I don't know. I just, I just think it's a silly. It's a silly game that they're playing right now. Everybody that's trying to force him out like Pulte and Trump. They're just coming across like bullies right now, which doesn't really serve the nation.
Yeah, I think it'd be like a blimp on the radar, though, just like a normal 10 percent pullback on the indices and then the reversal.
10% pullback on the indices and then the reversal.
Yeah, it depends.
It depends.
You'd have to see what happens to the bond market.
If you get a big blowout in yields, then it could be a little bit worse.
Because that's the main thing, right?
With power leaving is kind of that whole market, which is the underpinning of basically everything.
depending on basically everything.
So it can get bad, to be honest.
So it can get bad, to be honest.
But I do think the end result of that would potentially still...
Well, not potentially.
I think it would still be upside.
It's just digesting that part of what goes down might be a bit hectic.
Man, it always goes back to the bond market, doesn't it, Donnie?
It does, bro.
It's always that thing, man.
It's the bond that nobody likes. donnie it does bro it's always that thing man it's the bond that nobody
likes it's not james bond it's just bonds bro you've got the most troll jokes yeah so i uh my
dad was an investment banker when i was growing up and i went to we were at school i was probably
i don't know, five or six.
And everybody was saying what their dads did for a living. And I don't remember this fully, but I remember getting in trouble and they called my parents in and the teachers confronted my dad
because I basically identified that my dad sold bombs because I didn't know what a bond was.
I was five, but I'll never forget that.
That's hilarious.
Man, so talking about, what was it, career day, you said, Kelly?
Was that like a career day or something like that?
Yeah, it was just we're all, you know, some assignment where everybody had to say
what their dads did for a living, and I said, oh, my dad sells bombs.
They're like, wait, what?
We need to bring your family in.
He's like on the black market.
He says, no, no, he's an investment banker.
He sells bonds.
So that's how far I've come.
Man, talking about that time period back then,
like two decades ago or something like that,
when the 08 crisis was happening,
I had no idea what was going on, dude.
I was playing PlayStation.
I was playing Kingdom Hearts 2,
and I thought everything was gravy.
But it's...
Well, but you know what?
That speaks to something very important
right now. Uh, cause we are seeing, and Donnie, I think you'll agree with me on this. We're seeing
interesting things in the market that kind of buck what some people would assume from historical
trends would be expected. And I think that's part and parcel, uh, from there's a, there's a shifting
landscape of what we know globally. I know, for instance,
everybody that's listening on this space, you're involved, obviously, with Twitter. So you scroll
and you do things. You're probably also at least at minimum interested in crypto, if not also
investing and trading. But then also because you're on Twitter and other social media, we go through and process so
much more information on a weekly basis than our parents did at our age in like a six month
period.
And there's so much thrown at us all day long, every day.
And with that comes a lot of trash and noise in our life, but then also a lot more information
noise in our life, but then also a lot more information and awareness than we've ever had.
and awareness than we've ever had.
I think right now, because of social media and also because of the opening or a large
in part, a lot more freer freedom of speech that's allowed on X specifically, I think
there's a lot more awareness now about what's going on with the dollar, the strength of the dollar, money printing,
the Fed, not saying everybody on the street is aware of it, but it's probably, you know,
if it was 3% of the US or the globe really paid attention to it, now it's probably 6% or 7%,
which is, you know, over 100% increase in people's awareness of these things.
So while the trend suggests people should, there's no money in retail right now.
The bank accounts are at all-time lows.
Debt is at all-time highs.
And everybody's going, well, how are these markets going up?
I think at the same time, I know a lot of people personally, and I advise them not to,
but leveraging debt, like credit card debt to invest.
I'm seeing other people just doing everything they can to try and buck the system in a new way versus following it in the old way.
And I think that's partially because there's so much more awareness about what's going on.
What would you say to that?
Yeah, everyone's terminally online ever since basically COVID, right?
Everyone was forced to stay in their house.
And you saw the rise of apps like TikTok and short form content, things like that.
And now everyone's just terminally online.
It's just expedited over time.
So yeah, the awareness will go up over time.
But that's also why they're resorting to measures of QE that most people don't understand, right?
All of these deregulations that they're doing on
the banking system and all this kind of stuff, it's all pointing to the same direction that has
moved markets in the past. It's just that these people that are now becoming more aware, they
don't really understand this stuff. So they're always sifting through ways as to how they can
keep the system going with as less people knowing about it as possible so so donnie kelly what you
guys are saying is that uh every 18 and 25 year old needs to be risked on hyper gambling on the
internet because they're not going to make it investing in an ira or 401k that's what we're all
that's what we're all collectively uh agreeing on can you imagine just going up to someone saying like hey did you know
that because uh someone sold some uh s p 500 etf shares and it's now down over 20 we're gonna
devalue your dollar and we're gonna print money well you know my my grandfathers my grandfathers on both sides
never bought a single thing on credit or debt i'm talking a house a car anything now my grandfather
uh that's still alive he's 103 shot down three times in world war ii also survived a plane crash
and one of the first jets he's one of the test pilots but he's gone through the whole gambit
of having being the first light bulb in his house,
first light bulb in his neighborhood when he was born
to now FaceTiming me, calling me on FaceTime on his iPad.
But the difference here is how could he buy everything cash
even though he wasn't rich, it's not like he was wealthy.
It's because the income gap or how much income you made versus
how much things cost back then was substantially different. So you could save up and buy a house.
Nowadays, if you were to save up, like for instance, I think the national average income
in the US right now is, it could be argued, but somewhere between 67, the household income,
I should say, 67 to $75,000. But if you take out the top one or top 2%,
the average income is actually, household income is actually somewhere in the 38s to $45,000.
And the average home is about $450,000 to $480,000. Do you know how many hours you would have to work
just to put a down payment on a house like that. I mean, there's no real
means to do things the way we're done 50 years ago or 80 years ago in terms of the landscape
we're seeing now. And this is also from when my grandfather was born to where we're at today.
Now everybody lives on a basically cyclical debt lifestyle. People buy all kinds of stuff they
can't afford.
They go on trips, they charge it to their credit card,
they live in a spot that's above their means,
everybody's comparing themselves to what's on social media.
And then they say, well, Bitcoin's high,
I can't get into that.
Who has $119,000 around?
It's like, well, first off, you can start with $10,
but also realize every single, myself included, every
single one of us and all of our friends, we all spend money on absolute jack shit nonsense
over and over because we've forgotten the muscle of waiting, of building into something,
of holding ourselves accountable, being more disciplined and budgeting ourselves so that
we can invest our time in a means and the way we spend to make sure we have a better future.
Just making rather than now, let me make sure my social media looks hot so I can compare myself to my friends, which is just a complete, complete downward spiral for culture globally.
Yeah, man. I've had to separate myself from people that live that lifestyle.
I'm a big believer in that who you surround yourself with is eventually who you'll become.
And if you surround yourself with people that don't really give a shit on getting ahead and they just want to live in the moment and experience long term consequences, that's going to trickle down into the edge that you have in anything whether it's in creating a personal brand whether it's building a crypto portfolio like damn bro you
only have 2k to your name you're going to use that to go to puerto rico or dominican republic
or something like that like you're not going to buy far coin with with your two thousand dollars
like get get away from me brother
and that's the real thing by the way that's that that is a very that's a very real thing that is a
very real thing and maybe in like 10 15 years or maybe 20 years or something like that when
i start getting gray hairs i'll uh i'll tell some i'll tell some interesting some very very very
I'll tell some I'll tell some interesting some very very very interesting stories
but dude I think the crypto market actually matures people in such a way if
you're here long enough it matures you in a way where like you just see the
world completely differently man and you realize that like oh shit the S&P is down
20% I'm gonna make a ton of money over the next year. But I also know it's going to terrorize the lifestyle of people.
Because that V-reversal that comes is basically a consequence for people that live their day-to-day lives.
And it's kind of disheartening that people don't really think about their future.
It's kind of disheartening that people don't really think about their future.
And what people don't realize is that the older you get, the faster time moves.
Like for a 40-year-old, one year is the snap of a finger.
But for a 20-year-old, a year feels a lot longer.
I'm not sure if I'm making sense here, but if you're 40 years old, you've experienced
the year 40 times, right?
So essentially time is accelerating for you, but for a 20 year old, they've only experienced a year
about 20 times. Well, it's like, you think of it like a pie. If you're a brand, if you're a brand
new, if you're brand new on this world, you're a baby you your your year is a whole pie
yeah when you're two when you're two it's two slices when you're 40 it's 40 slices so think
about the amount of time it takes just to traverse that edge rim of one slice of 40 versus one
entire giant it just compresses i'd like you're right I'm 41. And I was realizing the other day, I had a nearly fatal accident back in 2003, which
feels like yesterday in some regards.
But it's also, I broke 22 bones.
I've had 75 plus surgeries, all this.
And I think about it, and it was so long ago.
It's just kind of like remembering a rerun on a TV show.
Because, I mean, this is, I was in the military.
I was in the Air Force.
I was training for the Special Forces unit.
I was doing all that got hurt.
And then, you know, I was out for a while recovering.
And then this 22 years ago, July 14th.
And then I toured for years as a singer.
And then I went on to write a book.
Then I moved to New York.
Then I toured for 17 years as a DJ. All that is like, how did I get all this shit done? Oh, it's been 22 years.
And in your mind, you're like, oh man, that literally was a blink of an eye. So I definitely
recommend wherever you're at in life, wherever you're at in your portfolio, don't only compare
yourself up to what other people have done. Take those things as inspiration and do what you need
to do. Even if it's just doing one sit up today if it's buying one dollars worth of bitcoin if it's not
taking that force you know 4 700 x leverage long on this thing do something today that can approve
yourself just a small amount and if you do that consistently you get there really damn quick
and if you do that consistently you get there really damn quick thanks yeah i i love shows
like this man where we talk more than just like prices just prices and all that stuff
and you learn man um i think right now for myself i'm just i'm just in a mood where i just feel like
doing as much content as possible whether it's's like strains, whether it's posts,
whether it's videos and everything has its chapter in life, man. And when crypto gets good and you're
in crypto, like it's time to, it's time to create. And it's also time to move on chain because
when things get stagnant, it sucks, man. And three months months of chop four months of chop feels like uh eternity
but ragsy are you back i know maybe there was like some issues or something maybe like the
mic didn't work or you were away what's going on if uh if you want to speak i was the way i knew
it was gonna happen i was like i need to go outside my apartment real quick and i know
that's when he's gonna say ragsy and that is what happened
in it because I had no idea that happened um but yeah uh I had a lot of comments I'll listen to the
guys I love what they were saying and I agree with everything they're saying how like you know
I've always heard the saying like uh be wary of the phrase it'll be different this
time and i really believe that to be true throughout the history of crypto but the thing
with this bull cycle people have to remember is it actually is different this time because this
is the first time in history you know it's it's more politically
involved than ever we kind of see this shift going and the truth is we're not going back
like there will be a bear market i've kind of been saying this for a while i don't know if i
uh said it in this space is there will be a bear market, but the bear market we're going to experience,
I believe for this crypto bullion is not even going to feel like a bear market. If you've been
in crypto a really long time, it's going to be like, Oh, that was it where, yeah, all the hedge
funds and the web to, you know, we're in real life world getting crypto.
They're going to be like, Oh my God, what a disaster.
But for crypto people, it's going to be a breeze.
I don't think we're going to see like for us, it's like Bitcoin.
I don't think we're going to see like a 70% drop in Bitcoin ever again or
whatever it was last cycle.
It's going to be like almost like forever
in price discovery. I saw Michael Saylor say something I semi-agreed with when he said
gold went on a permanent bull run for like a decade and he was anticipating that's what would
happen with Bitcoin. And I do agree with him. I think we'll still get a bear market. And I think crypto people will know.
Like it's like a mini bear market.
But the real world people just getting in, they're going to say, oh, my God, what a disaster.
Like imagine if the stock market corrected 10%.
It would be like they would act like it's freaking doomsday, you know.
So if Bitcoin corrects 30%, 40%, the newbies are going to freak out.
Sure. But we're going to be like, oh, you know, kind of like when Bitcoin went below 50K,
you know, last year and like the newer people getting into Bitcoin, like literally acted like it was the end of the world. And people have been here like that's like Bitcoin's literally at 50K.
That's amazing. So I believe in this theory of an extended bull run.
I think it's going to forever be in price discovery now because of mass adoption.
And like this cycle is different.
We're not going back.
I'm seeing major banks.
They're starting to come up with the protocol for their own stable coins.
So I've been doing research on that, whatchains uh you know people are going to use
and I think crypto is definitely here to stay and the environment and landscape of crypto
is different like we are literally part of like this the greatest financial shift we're probably
ever going to see in our lifetime like bitcoin is definitely going to be around crypto is going to
be around a lot of things are
going on chain i'm kind of like just watching it unfold and um yesterday i know i had to skate out
but i found something very interesting uh with that i was talking about black xyz the stock
that just got added to the s&p 500 which is Jack Dorsey's company that I actually forgot about. I forgot
about it entirely. It's been so irrelevant. The stock has not performed well at all in this
bull run, like a little bit, but not like crazy, not like Coinbase. And they added to the S&P.
So I thought it was very weird. I thought it was very strange. I was like, well, why would they do that? So I went and looked up the Bitcoin holdings for Black XYZ.
And I did not know this.
They are second to Coinbase.
They are right beneath Coinbase and top companies with Bitcoin holdings.
So I'm thinking that I have this whole conspiracy theory,
or maybe it's not a conspiracy theory. I think they're running out of Bitcoin.
I think the Bitcoin ETF did so well, and Coinbase is custodian. People don't know this.
Coinbase is custodian the Bitcoin for BlackRock. And I think they're running out or they need more.
So I think there's going to be some kind of an agreement between Block XYZ, which is Jack Dorsey's
company, for these hedge funds because they need more of it. I really think they're going to run
out or they know they're going to run out or there's going to be such a high demand for it.
Because I just thought that was so strange that out of all the companies that have been performing well that was the one the new one
they picked to join the s p 500 because it hasn't been performing like crazy well so i thought it's
very interesting and they are second to coinbase i think coinbase i got the numbers here coinbase has like 9 000 something uh bitcoin and block xyz has eight yeah coinbase has currently
9 267 and block inc has 8 500 they're right under coinbase so i thought that was very interesting
so i you know i've been watching like the blackZ company. I bought a bunch of their stock around 78.
I'm still watching it because I think like, you know, they could potentially be custodying or being a partner for Bitcoin for some of these major companies.
But yeah, so that's what I wanted to share yesterday.
But in regards to everything Donnie and Kelly said, I 100% agree.
And I see the picture of the born being extended or being different than previous because of all
of the new things that are happening. And I think we're going much higher. And I think that,
you know, I think it's responsible. You have to take profits, but you know, come with an exit,
come up with a really sound exit strategy. So you're not devastated when the, you know,
I never, I'm somebody who never sells completely out of any position, even in the trenches,
even those little shitty Solana shitters, I never sell completely out because I know I will shoot
myself in the foot if it decides that that was an X one day. So I have a, out because I know I will shoot myself in the foot if it decides
that that was an X one day.
So I have a, I'm somebody who I believe has a very, very good exit strategy.
So, uh, you know, I would say to people, come up with your plan on that because just in
case, you know, you're wrong about the top, you're not completely out of the market.
And I, I've personally found that to be
the best strategy. Yeah, I definitely agree with that. I was talking about that on my show today.
I went to exit strategies and it's like, we haven't even pumped there yet. I don't know
what the target is. I just shared a chart up in the nest with some potential targets that I'm looking
at, but I don't know where it's going to go. Nobody does. I just know that there's certain
parameters that I'm going to utilize to start, especially in the altcoin market, to start
rotating profits into Bitcoin and then also some into dry powder and also spendable money.
Because on the one hand, yes, you should be
stocking everything into Bitcoin. Of course, great. But I also don't have $137 million.
I want to do things in my life. There's things that I want to make sure that I don't hold myself
into some sort of pigeonhole of, I'm only in this for big numbers on a screen that I can screenshot.
No, my life is going to be affected. I'm going to affect my mother's life. I'm going to affect my sister's life. I'm going
to affect people around me because I'm in this, not just to make money. I think like everybody
up here on stage, I'm in this also to have more free time to also give the gift of more free time
to, you know, people that are dear and close to me and offer school and education or whatever education that
they want or access for passion projects to my sister and her son, my nephew. So I have a very
long-term plan with Bitcoin of coins I would never sell. But the altcoins, that's my play money. And
of course, I am expecting it. And I hope that it makes a lot of money. And that money to me means transitioning about 65 to 70 percent of those into long term holdings on Bitcoin and then giving myself free capital to have dry powder that I can also spend out of my life.
So as my portfolio grows, so too does the standard of my life and what I'm able to give people.
Hey, Kenny, man, thank you for your service, brother.
Thank you for your service in the military, man.
And also, shout out to your grandpa.
Shout out to your grandpa.
By the way, he's got six figures in Ethereum and Bitcoin.
He surprised the living shit out of me.
103-year-old guy from being the first light bulb in a,
like a 10 mile region of where he grew up to now he's 103.
And he's got,
he's got like the most of his savings are in Bitcoin and Ethereum,
which I couldn't have been more happy about.
But so thank you for that,
brother.
No problem,
man.
he was a part of a generation that could actually like live, actually live, man. He was a part of a generation that could actually live.
Actually live, dude.
Now it's like for anyone that's up and coming, if you're not online, if you're not trying to build a personal brand or do something online for content, you're probably not going to get that much that that that far ahead because there's only so many doctors and lawyers that that could that could actually get a license and a practice.
There's only so many personal trainers that that that can get hired and even personal training that used to be a huge, huge, huge thing.
And that's mostly moved towards content creation.
You have a lot of people that really just get these cookie cutter programs and call themselves a personal trainer. And it's more
like just a brand. And there's a lot of like guys like that here in Miami and women too.
And it's just a completely different field. Back then you were just able to graduate high school,
Back then, you were just able to graduate high school, then go to trade school and earn a ton of money.
That's a realm that people have hardly looked into, trade, plumbing, stuff like that.
And now it's like, it's so consensus to just get yourself in debt for a career that's oversaturated.
I know a lot of people that i went
to high school with that they're just working working retail they've gotten degrees that
there's just no demand for but maybe that's a discussion for another time man we've deviated a
lot from just uh talking markets but i mean the crowd loves it at least the crowd loves it, at least. The crowd loves it. And I guess that's just being a beneficiary of a bull market, right?
When people follow you, sometimes they want to get to know what you guys have to say outside of markets, man.
But is there anything else that you guys want to touch upon before I wrap up?
I think the last hour and a half has been pretty constructive.
But is there anything else that Donnie, Ragsy, or Kelly you guys want to say feel free to do so i do i'll add to your uh point there
about the content stuff oh yeah i forgot we were talking about that the reason why i heard you
guys talking about like the flexing and stuff online. The reason why people do that if they don't actually have it is because people are very,
you have to understand like fear of failure is a very, very real thing.
So I'm somebody who's always embraced failure because I understand that failure is actually
part of the process of winning.
You can never, you're not going to be able to go higher unless you fail and you push to the limits, right?
That's why when guys, they weight train, a lot of them push to failure.
So it's like, you know, a lot of people are really scared of failure and they want to be viewed successfully.
So it's a flex, you know, and some people are very like, you know, fake it till you make it.
And that's fine. That's that's their style. But you should never compare yourself to anybody but
your past self. I've always like said that, like, you know, when I'm comparing where I want to be
financially with my crypto portfolio, with my art business, with my poker skills, I'm always only
comparing myself to my past self and have
have I excelled from my past point right so um like I'm somebody who's always embraced failure
understanding like that it's part of the process I learned that from Ray Dalio by the way who has
like a an incredible book and actually owns two of my art pieces uh so yeah aware of that and as far as content creation i think it's more than just getting
online how i've survived personally have always been on top my gain i'm somebody who's mastered
the art of the pivot so during the pandemic when the world was in turmoil and for people don't know
i'm a professional artist all the galleries were. Instead of having the worst year of my business, I actually ended up making more money than I did
in my entire life. And that's because I've mastered the art of the pivot. You have to master
where the world is going and in what direction at any given time. You have to be willing to
continuously learn. Whatever you've learned is not enough. There will always be something new
coming out. People in crypto really understand this. There will always be something new coming out.
People in crypto really understand this. There's always a new protocol coming out or something that they have to learn, right? You have to update like a computer. You have to update your system at
all time. That's how you're going to stay ahead. Doesn't matter if the world's in turmoil. Doesn't
matter what's going on, what hardships you face. If you master the art of the pivoting, you can go in the direction where the world is going or even better front run it.
You can be very, very successful with whatever you do.
So I would say don't get comfortable.
Never get comfortable.
That should be your greatest fear, not failure.
It should be being comfortable because the world's ever evolving and changing.
And I think the more you master and learn and keep up with it, you'll always be okay no matter what.
Donnie, Kelly, anything else you guys want to say before I close up here?
Just thank you.
Thank you for having me.
Thank you for everybody that's tuning into these on a daily basis.
I mean, I see a lot of y'all's faces.
I scroll through these.
And a lot of you go to a lot of spaces and uh we need more people in the world like every one of
you that's here people that are that indulge in their curiosities you know one of my biggest things
is uh to be successful in anything you have to be ambitiously curious and also know that you
don't have the answers hey i want to go learn some stuff i'm not going to agree with everything
everybody says on stage but i'll hear different points of view. So I just
want to commend everybody for showing up. A lot of you've been doing it for the last many months
into the last many years. So with that, I mean, just thank you all for being here. And it's
exciting to do this all together. But yeah, just keep your head up, keep your nose down,
look at the data, don't get enamored by
price price is literally nothing different than a data point just like a candle on a chart
price means nothing without the context of the data surrounding it uh so don't get uh excited
or scared based on what price is doing look at what the data says in relationship to the price
of that asset. But higher.
That's what I got to say.
Higher, motherfucker.
Higher.
That's what I'm talking about, dude.
Man, your grandpa looks like a Giga Chad, dude.
That is a strong jaw and a strong chin.
Man, the testosterone levels on him, dude, must have been through the roof.
But yeah, man.
Yo, thanks, Kelly, for coming on donnie ragsy appreciate everyone thank you all all of you that tune into these spaces day in and day out i
always say this at the end of the stream you guys have so many choices as far as what content you
digest i know here um on x there are so many streams so many brands that you guys can tune
into at this at this time but you you guys choose to tune into this show
So I thank you all for that and shout out to you guys that are also listening to the replay
We'll be back tomorrow same time, but in case this is your first time tuning in guys and
You've originally come across this profile in this space
We produce many spaces and other shows throughout the week. Our spaces usually go live between 4.20 p.m. EST to 4.45 p.m. EST.
The show is usually about an hour and a half, sometimes two hours or three hours long, depending on who we have on the panel, topics to discuss about and all that good stuff.
So if you guys enjoyed the content, feel free to give everybody a follow here and also feel free to follow us here at BecauseBitcoin and turn on bell notifications as we are one of the fastest news producing pages on X.
And also, in case you guys want to tune into some of our other content, we do have a YouTube show hosted Monday through Friday.
Start time is between 11 a.m. EST to 11.15 a.m. EST.
That's our technical analysis show. we show all things charts and all
that good stuff and of course i do have to plug this in when we talk about charts and graphs and
all that stuff we do have our very own trading terminal called bb terminal i've gone ahead and
posted some things up on the nest in regards to videos and posts so what you can
expect if you decide to purchase a membership from bb terminal you guys will have over two dozen
macro indicators at your disposal many indicators that i'm sure you guys have seen online including
pi cycle top mrv historical volatility all that good stuff and also if you decide to just check out bb terminal for free we do have
bb degen where you'll be able to chart your favorite tokens on chain and eventually later
on this quarter achieve on chain order execution and also set your very own scripts so when you
do your charts and all that stuff so it's basically trading view and also uh deck screener all in one
premiere package so i've gone up ahead and posted some of those up on the nest if you guys have any
questions in regards to our terminal you can always send us a dm with any questions any concerns you
might have and of course feel free to check out our inner circle alpha group where myself and all
of our other analysts have private channels we talk about
our positions what we're seeing in the market and of course we also have multiple private streams
that are always archived in a chat and also check out donnie's stuff as well feel free to check out
donnie's link in his profile probably one of the if not the only other paid service that i would
vouch for he runs a pretty tight shop there as well and um you know
he's been a part of these spaces for what donnie going on almost nine months now shows three years
three years feels like three years bro yeah yeah man um everyone go follow donnie man probably uh
the next large account that you'll see here before the cycle wraps up, man.
And, you know, there's a reason why I always have him up here as co-host.
And hope you guys enjoy the show.
God bless each and every one of you.
Spaces are recorded, as always.
So follow Donnie, Ragsy, and also Kelly.
And we'll see you all on the next stream.
Take care, everyone.
Bye-bye.
I'm going to go ahead and um play uh play some outro
music what should i put um i think i'll put i think i'll put uh got the life by corn that's
always that's always a good one all right guys take care i'll see you all on the next one peace out Music Find something, some time away, something to come.
Find something inside.
I can never let the silence, so give me something that is a real.
I know it's a time ago.
Get your body on.
Get your pay on And now we see what's happening. Oh, thanks, man.
Oh, thanks, man. Oh, thanks, man.
Oh, thanks, man. Thank you. I don't feel your death anyway. Beating me, you'll never stay, so come down with me.
Swing, today.
