Market Talk: BTC hits 93k!? Is the bull market back!? Alts pump soon!?

Recorded: Dec. 3, 2025 Duration: 0:22:57
Space Recording

Short Summary

In a lively Market Talk session, crypto enthusiasts discussed the upcoming Bank of Japan rate hike, the end of quantitative tightening, and the bullish trends in both stocks and cryptocurrencies. With market dynamics shifting, the community is encouraged to engage and adapt to the evolving landscape.

Full Transcription

Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. а music music
music music music music music music music music music music music Oh All you may, all you care, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, all you may, Yes. I'm going to be here. What I do become In the world that blame your me
Don't wish them to the under, hey
Run yourself beyond a scene
You carry on
All you pay
All you care
All you pay
With the wrong
All you get on
Dying in the pain I'm a crazy rock I'm a crazy rock I'm a crazy rock
I'm a crazy rock
I'm a crazy rock
I'm a crazy rock
I'm a crazy rock
I'm a crazy rock
I'm a crazy rock
I'm a crazy rock
I'm a crazy rock
I'm a crazy rock
I'm a crazy rock I'm a crazy rock Get up, man! Thank you. Thank you. It's great and weaker, heavy as the crowd.
Seating down and broke, yeah, come on with you now.
Overload of all the stuff, keep me running.
And all my fears are humble, follow while you're proud.
All you wear, all you carry, all you wear. I Guys, I'm a first place. How are you?
I'm a little bit more.
I'm a little bit more.
I'm a little bit more.
I'm a little bit more.
I'm a little bit more.
I'm a little bit more.
I'm a little bit more.
I'm a little bit more.
I'm a little bit more.
I'm a little bit more. I'm a little bit more. Okay. You know, guys, I know it's been a while since I've played that song.
I absolutely love playing that song before Market Talk.
I've been doing it consistently for probably two, three months at this point.
And it's a great way to get a fire discussion started.
As you guys know, Market Talk now starts at 3.30 p.m. EST.
I did message a lot of our guys, and the time is a bit rough for them,
but if the space does extend to like 5 p.m. EST, they will be coming in. But for now,
the adjustment is going to take some time. But regardless of the fact, I'm sure a lot of you
are probably going to be listening to the recording and all that stuff. And we're going
to go ahead and get cooking, guys. A lot of interesting stuff happening uh stocks inching towards their all-time highs
btc in its uh upper lower time frame range at 93k and some change eth hit just over 3k
um some lower time frame stuff happening on chain, some dubious speculation happening on some tickers on, uh, on Solana.
And something that's very interesting, um, and I actually discussed this, uh, with Max yesterday.
Uh, so we're actually going to be doing market talk Monday through Friday, uh, rather than the, uh, old schedule that we had, which was basically Monday, Wednesday, Thursday, Friday.
And shortly before I did my X video stream, I'd gotten a call with Max,
and I had mentioned that there's something interesting going on next week,
and that's the Bank of Japan raising rates.
And the last time they did that was August of last year. So the raising rates
on the 10th and also something interesting that we had earlier this week was the official end of
quantitative tightening. Now, they've been reducing the rate of QT prior to that. I think going all
the way back to like June of 2024, May of 2024, they had slowed down the pace of QT, but they officially ended QT a couple of days back on the 1st of December.
And the last time they did that was in August of 2019, where shortly after Bitcoin had fallen from 11K to 8K.
So two interesting events that that that uh that are occurring soon um but shortly after that we will have trump pointing a new fed chair so perhaps
a rally could be in order even all the way up to i would say 100 203k um and. And I think if you're a higher time frame bear, that could be a place to short
similar to what we saw in March of 2022 when BTC had tested just below 49K. We had Doquan buying a
bunch of Bitcoin and all that stuff. And the market actually looked pretty good luna was hitting all-time highs
um things on cosmos are hitting all-time highs the s&p wasn't that far off from hitting uh
its all-time high so there there could be some form of bull trap now i got max up here got
prometheus i got uh tommy here in as well. I sent him an invite to speak.
And, you know, I did not have any eggs today.
Neither did I have eggs yesterday.
And maybe that's why we're getting some lower time frame pumps here.
And truth be told, man, I'll say this.
I'd rather be in a market where it's not all scrambled.
If you guys like scrambled eggs, and I'll tell you what, there's more money to be made on the upside than there is to the downside.
I saw this on the Discord. One of our members, he said, I'm sure everyone says this too, but it's making money to the upside is infinite.
this too but it's uh making money to the upside is infinite making money to the downside is finite
and i'm pretty sure statistically that's true there's more money to be made being long
than there is to the downside and uh if you guys tuned into market talk i think i think it was on
on monday where um we had max mention how in a bear market, you'll know you're in validation pretty
quickly and you'll be able to cash in that short very swiftly. And if you guys look at the price
action, whether it's 2022, whether it's 2018 or even more recently earlier this year between
late February, early March, late March and early april those downside moves that we had
came very very quickly um as a matter of fact hyper liquid went from like 27 28 dollars
in late february all the way down to eight bucks and that move happened in less than five weeks
that that just shows you how aggressive some of these moves are.
But nonetheless, guys, if you guys can go ahead and show some love to the space,
whether you're bearish, whether you're bullish,
whether you think we're in chud jack territory
and we're just going to crab around similar to what we did in the summer of 2023,
I certainly wouldn't be opposed to it.
There would be some on-chain opportunities
that would present themselves. Best way to do that, guys, is by clicking the spaces tab below
and then right above our profile pictures, you'll see a nice link that says x.com slash i slash
spaces. Go ahead, hit the like button, hit up the retweet button. I almost said retweet button.
Jeez, man. Retweet button does a almost said retweet button. Jeez, man.
Retweet button.
Does a number of things, guys.
Helps out with the algorithm and all that good stuff.
The algorithm has actually changed.
Grok is now in charge of the algorithm, which is probably one of the most dystopian things I've ever seen.
I've looked at some guys that I follow and engagement across the board
has gone down quite a bit. And I looked at this one guy who's affiliated with a lot of those guys
that X that like to do spaces and all that stuff. And now it's basically a reply slop fest. That's
the only way to get that engagement. But algorithms always change,
man. They always come and go. But nonetheless, guys, we're going to go ahead and cook for you.
Spaces are recorded as always. My name's Wabi. Welcome back to Market Talk. As I said,
the new time we go live is going to be 3.30 p.m. ESC. But as always, guys, when things get hot, when things get cooking, the space might overextend,
as it typically has been. So there is a possibility that we might extend all the way towards like
5.30 p.m. EST, 6 p.m. EST, where the usual crowd shows up. But I'm going to go ahead and pass it
over to Max, man. This is bringing me back to uh early 2024 q3 q4 of 2023 where
a lot of the time it would just be me max and just like one other person up here and uh you know
whether marketing conditions are good or bad bb is always going to show up and uh and cook for you
all so max what's going on bro how are you feeling? We got the Bank of Japan raising rates next week.
And I think the big thing is, is Tommy going to be right, man?
Are we just going to have that big oof moment?
Just that big slide down, man.
And the market just does its own thing.
And I don't know, bro.
We're in new highs in March or April. How are you man great to have you up wabi wabi wabi yeah it does kind of
feel like we're we're in a time machine it's like we're back in um it's like we're back in 20 uh
23 a little bit like and first of all can you hear me okay like some people are having spaces
issues right now yeah i've seen a few comments okay yeah loud and clear loud and clear all right
i just want to make sure before i start yapping into uh into the uh the mariana trench but
yeah anyways um it's kind of a sad state of affairs out there right now.
Like, it feels a bit like a ghost town.
In one regard, it's a little bit peaceful.
I think a lot of the kind of first cycle hitchhikers, I think they're kind of on their way out if they haven't already left.
And something, again, we see that every you know every cycle or every uh every
pullback at least people kind of just come and go and there's like this emotional like this
predictable emotional uh cycle that we have where you know like things will pump everybody's super
happy and it's just like a few months of just like the best vibes and then suddenly it just
turns into like the most negative like you know everybody's just angry it's hard to be around
sometimes but then once things settle down there's like that that post-destruction calm
and slowly but surely I'm starting to feel as though the calm is creeping in just a little bit.
I'm starting to feel like, you know what? I'm not getting as much like as many hateful comments.
I'm not I'm not getting emails like threatening me anymore. Like this is wow. Like this is this
is it. Like we did it. We got through the, like the bitch fits, you know?
And I think I'm kind of, I mean, I'm, I'm actually being serious, but like, there's kind of like a joking undertone to it as well, just cause it's, it's crypto and it's predictable and whatever.
But I actually have been over the past, maybe 36 hours been slowly shifting my bias i'm still very cautious here because
i i do think that there is quite a bit of supply overhead um in the simplest of terms i think
there's quite a bit of supply overhead i think that hey max not to interrupt but not only are the comments saying that like
no one is able to hear but also the discord should i just like end the space and restart it back up
that's probably the best thing to do at this point like i've i saw a bunch of messages of
people being like i can't hear you and then i just saw the audience count drop by like 50 people yeah i'll all right i'll
restart right now guys if you can hear us we'll be back just check the bbx account we'll
apologies we'll be back in like two minutes all right