Market Talk-HUGE move incoming for crypto and stocks?!Liberation day!?

Recorded: April 2, 2025 Duration: 1:27:19
Space Recording

Short Summary

The discussion highlights the resilience of BTC despite tariff concerns, emerging on-chain opportunities, and potential growth in the crypto market. There is optimism for a bull run contingent on overcoming tariff uncertainties, with on-chain trading seen as a key trend. However, some indicators suggest a decline, such as capped on-chain token ceilings and illiquid market conditions.

Full Transcription

Thank you. Thank you. Thank you. Thank you. Thank you. I'm notん
ん Thank you. so so
so I'm going to go to the next stage. what's up guys welcome? Welcome, welcome back.
Happy Liberation Day, happy Liberation Day.
Today, or rather right now, Trump is announcing a bunch of tariffs worldwide for countries and stuff like that.
And volatility is kicking in.
Going into today's trading session, right when the New York stock market, the New York session opened up and stocks were live for trading, we actually started to catch quite a pumpsky going into the close.
And now, as Trump is rantering and bantering, prices are basically retracing that pump that
that pump that we were having going into the close today at 4 p.m. EST. And truth be told,
we were having going into the close today at 4 p.m.
me personally, I think this is peak mindshare for tariffs. I think this is basically the equivalent,
in my opinion, to when Trump was tweeting out tickers and signing executive orders and all
that kind of madness. And there are many individuals that were calling for extreme upside buy pressure during events
that could barely prop up prices to an extreme degree as they were back in Q4, right?
And I think it's basically the inverse of all that stuff, right?
This could be a potential bottom and we could actually see a rally for at least a couple of days here.
At least that's kind of what I'm thinking, right?
And now I'm pretty sure you guys are seeing headlines saying like, oh, where are stocks going to open tomorrow, this, that, and the third.
And I really think that when you actually zoom out a bit and think to yourself, all right, this tariff situation has been harped down about for about two months.
Really, the beginning of February is when things actually started.
It's been about two months, and prices today on what was supposed to be a doomsday, prices are a bit higher, at least for BTC.
I'm not really going to talk about ETH at all, or even Sol, right?
Even though Sol hasn't really been doing much either next to ETH.
But for the most part, this market, most of its pain has already been priced in over the
last two weeks or so.
And there has been some opportunities on-chain, right?
Except the ceiling has been a bit lower than what you saw in Q4.
You would see daily runners, right?
That was the term, daily runners,
where you would see things rally from like 5 mil all the way to 100 mil,
sometimes 200 mil, and those moves would be done within a week or a couple of days, right,
before extending higher.
And now you're seeing these ceilings on these on-chain tokens
kind of being capped out at 40 mil, right?
There have been some anomalies like KTA,
so I've kind of called it the inverse on-chain euthanasia roller coaster
where the ceilings, albeit they're a bit lower,
they gradually get bigger, bigger, and bigger. But post-market close, the Qs are down 20 points,
S&P down a couple of points as well. Once again, I think this is peak mindshare for all things tariffs.
And I mean, if this was truly going to be some sort of disaster, I think you would probably see prices react to how they were back on February 2nd.
If you guys remember that.
And we basically had a little rally for like two weeks after that.
And then Kanye started to talk about crypto.
The market kind of took a downturn after that and eventually bottomed out in mid-March.
And I really think if you are an extreme bear, again, extreme bear, you'd have to look for
something outside of tariffs, to be honest.
But nonetheless, I could be wrong on that.
I've been extremely cautious and still remain cautious, to be honest.
I think the yearly open is that final boss.
But nonetheless, even if things are bottomed, I think it's still wise to be cautious about sizing into things heavily.
Those are really my opening thoughts, guys, for the market.
We've been anticipating Liberation Day for weeks now. It really seems like all these events,
whether it's headline risk for bulls, headline risk for bears, they really mark key inflection
points on the chart. When Trump signed that executive order, when he tweeted out those tickers on Truth Social,
those ended up being local tops.
And I think with this tariff situation, I think it's kind of a headline risk for bears,
sort of how all the previous posts about crypto events.
I think there was a crypto ball event like two weeks ago that marked a top, a little local top.
I think that was when we hit 88K and change.
I think that was like right around that crypto ball event that happened not too long ago.
And we haven't really had headline risk for bears up until now, right?
Like, oh, it's tariff day, time to pile in some shorts while Trump is talking.
And albeit, right, some downside price action is happening while I speak.
I really just think if you just look at the inverse of that and take a look at some of
the headlines that have happened before, you'll that like some sort of conducive price action similar to that is likely due
right um i really just don't think it's going to be that easy honestly i i truly truly don't
and nonetheless donnie matt those are kind of my opening statements.
I almost said statements.
That's kind of what's on my mind right now, guys.
I think the next big are just trying to breed people
into being complacent and not really get their feet wet on chain.
There have been many things on Seoul that have rallied from 0 to 50 mil,
things on base that have rallied from 5 to 100 mil, like KTA,
and some nice volatility on some centralized exchange tokens so um despite
the environment over the last few weeks not being similar to q1 or q4 of last year there's still
there has still been opportunities right even while most alts are just consolidating at their lows, there have been opportunities to catch some gains to add onto your stablecoin stack or add to your Bitcoin or Ether sole stack.
But nonetheless, Matt, I'll send you a co-host invite, man.
I think you're going to need a new phone, brother.
That iPhone 15 is is gonna have to go
brother uh but nonetheless guys thank you all for coming back thank you all for tuning in to
another episode of market talk it's gonna be a great one there's gonna be a lot to discuss but
nonetheless i do want to make this space straight to the point, not waste any time. So I'm going to try to
keep it to just about an hour, right? With these spaces, I usually do about like two hours, maybe
an hour and a half, but just for time's sake and just to get as much action-packed alpha for you
guys as possible, I'm going to try to keep it to about an hour, right? So guys, before we officially get started, if you guys can do me one small, tiny, solid
favor, it doesn't take that much time, doesn't take that much effort.
If you guys can go ahead and open up the Spaces tab, once you do that, you'll see a little
link right above our PFPs, right above our profile pictures.
You'll see a link above that says x.com slash i slash
spaces. The best way for you guys to support the space, the best way that you guys can show some
love is to not only smash up the like button, but to also smash up the repost and retweet button,
guys, as it does do a number of things that helps bring more eyes and ears to
the show to the brand brings more awareness to all things algorithm on x and of course i'd be
very much appreciative of you guys as you guys have been tuning in day in and day out throughout
these uh throughout these choppy periods over the last few weeks, couple of months, and just want to show my appreciation
for you guys for doing so.
So I got Matt, got Donnie up here.
So we're going to do what we do best and rant and banter about all things, crypto market
prices, dubious speculation, narratives, and all that kind of stuff.
This is Market Talk brought to you by Because Bitcoin.
And I'm Wabi, and we're going to go ahead and get started, man.
So, Donnie, what's going on, brother?
How are you feeling, man?
It seems that we're finally here on this be Executive Order Signing Day, Crypto Ball Event Day.
And those events were local tops.
And this really does seem like the inverse of that, man.
And here we are, liberation day and i mean i think the the meat of the move
uh to the downside has largely kind of already happened man like if we were in february btc
would be at 80k and all that happened was we went from 85K and change to 88K and some change,
right as Trump was talking, and we retraced that lower timeframe pump. And we've seen in the past,
when this bear trend had largely started back in late January, right, with tariffs would send alts absolutely nuking within the hour.
And we're just not seeing that, man.
And I'm not calling for, like, all-time highs here for Q2.
But what I am saying is, like, you know, the possibility of an extended relief rally where we at the very least could rally to those levels of where we were trading
uh the march highs when trump was tweeting those tickers i think at the very least we could see a
pump to those levels and that should bring uh on chain a massive massive relief of breadth man so
welcome man we'd love to know uh what you're thinking man and of course thanks for coming on the show um i'm pretty stoked because i know it's gonna be a good one especially
when we stream during these uh pivotal key events man hey bro um yeah very important day today um
where do i start basically with with these tariffs, right?
Because honestly, the news is just coming out now.
So I haven't had too much time to look at all the numbers and stuff.
But I'm thinking that this is going to need at least a week or so,
or maybe even a little bit longer, a little bit more of April,
to be digested.
Because, you know, you have the, just thinking about it out loud now,
you have Trump coming in.
These are the solidified numbers,
but I feel like there's going to be more negotiation
from this point on, right?
Because he's just come out with all of the percentages
for each country or whatever.
And there's probably going to be some tapering
of some of those tariffs
if they come to some sort of agreement and
things like that.
So I think it's still not done yet, right?
The uncertainty around the tariffs.
And it's going to need just like, I would say, at least a week or two, which we're going
to keep getting these announcements come forth to where the market can slowly digest it.
And then from there, once each deal starts to get checked off,
the market can start moving forward from this point.
So in terms of the charts and stuff,
BTC is still looking incredibly strong.
Of course, if you're checking a one-hour chart,
you would have seen the the pump uh literally like an hour ago pumping it to like what is it almost 89k and then
rejecting and like it just feels like um this is bad news everything's gonna nuke but like you're
still at 85 000 right you're literally you know where you were um just yesterday, pumping from 81,000.
So you still have this liquidity at 79K.
If more sort of panic and stuff arises from all of these announcements,
which you can still come to clean up that level
and then start building an uptrend off of the economic data
more so than tariffs being bullish or bearish because I think they just are what they are.
And yeah, it'll get sorted over April.
So yeah, kind of just still waiting to see how the actual charts look from all of these
announcements.
So BTC still looks good if it maintains above 85 600 for
like the next week going into the inflation data then i would say you probably won't even go to
revisit 79k to sweep up that liquidity um and you just start like this is the this is the start of
the uptrend here right you could literally just incrementally keep going higher and higher
as this uncertainty starts to clear around these tariffs, right?
If Trump, for example, announces, let's say,
something that's positively digested by the market
in terms of a deal with China or something, right?
I know they got something going on with TikTok and all this kind of stuff, plus the tariffs.
if something like that gets announced and cleared
up to where it's a positive
event for the market, you're just going to
continue to grind higher and higher.
So that's what I'm saying. It's going to take
a week or two for this to be fully
out of the way and potentially
set in stone. Hopefully
it's like that.
An incremental positive buildup.
But we don't know that yet.
The fact that we're still maintaining
on a big shocking
announcement like that, it's pretty good.
looking at the other charts like the US
10-year, this thing
is already down to the range low.
I was mentioning the other day,
if it loses 4.1%, this thing's headed straight for 4%.
So if it does go to 4% or lower
going into that FOMC meeting in May,
which hopefully by then,
I'm pretty sure all this tariff stuff
will be out the way before that FOMC meeting,
you're pretty much locking in a rate cut just off of this chart. It's already at 4.1 range lows.
So this thing just continues to trend lower, which is good. DXY is also losing structure locally
to bearish, and it's almost at that 103.2 level now again. Again, if you lose that going into May 7th,
it's just going to unlock a ton of liquidity on the M2 chart,
which we want that trend continuation.
So we know that this rally actually leads to price discovery for BTC.
So yeah, everything looks pretty good.
everything looks pretty good. You just got to get through the digestion of these tariffs.
You just got to get through the digestion of these tariffs.
And I think from there, you can see how badly markets actually do want to trend upwards.
That's the only thing like, you know, keeping everything where it is or, you know, somewhat
bearish, right? Or waiting to be anticipated as bearish. So yeah, that's kind of all I have to say for now
regarding the tariff stuff.
But yeah, just give it a couple weeks
and I think coming off of the economic data,
we're going to start building an uptrend regardless.
I'm talking about unemployment data
and all that sort of stuff, man.
Mainly the inflation data.
Yeah, man. Mainly the inflation data. Yeah, true inflation.
Yeah, from that date, from the 10th or the 11th,
from there I think we could potentially start building an uptrend.
Yeah, I see like we rejected on lower timeframes on 88K and change again.
I think true inflation right now is still uh sub two percent right nuked yesterday
it's like 1.38 yeah then cpi is coming in with a with another two handle then um some things have
actually like gone down a bit like gasoline and stuff rent has fallen off of a cliff. At least where I'm at in South Florida,
rent is falling off a cliff. Properties are falling off a cliff as well. And I'm talking like
properties that were built from 2022, 2021, all the way up until 2023. Those like initial new
property developments that happened, like when housing was just peaking
and a lot of these newer developments that went live last year their vacancy is like i know this
is more like broader macro stuff but like the housing market actually does matter when it comes
to cpi and all that stuff i think it does actually account for a large chunk of CPI, rent, housing, all that kind
I think energy is also coming down too.
Of course, the price of breakfast food is also coming down, like orange juice, eggs,
bacon, stuff like that.
So I think if we're going to get that huge CPI number to where the Fed has that green light
to cut rates, it's probably going to happen this quarter. And at the very least, the bull inside
of me is kind of saying, hey, we're probably going to have a possibility of repeating of what we did last year where it's just
for the most part a ranging environment and although we do make lower lows every other month
for the most part most of the volatility is compressed within a range and there's massive
opportunities on chain as there was last year from march all the way to august right over the
summertime last year things on seoul did pretty damn good in q2 of last year some things on base
also did good as well so at the very least like that's that's that's kind of where my head is at
like i'm open to to lower, but at the same time,
I think the biggest psyop that can happen to us
is not trying to get our feet wet on-chain, right?
As some months have gone by, right,
from like mid-January up until mid-March,
there really wasn't much opportunity on-chain at all whatsoever.
But that's kind of changed over the
last couple of weeks here and i'm excited man and if i'm wrong and we actually do go up only
later on this quarter then happy days more people make money to the upside compared to ranging
environments um i also like already come to grasp that we could just be in a super cycle of sorts
where we truly only trend for a couple of months out of the year.
And a lot of this upside price action that we've seen
has usually only lasted a couple of weeks.
And that's why I still still remain having like tapered expectations um for upside whenever we do
break out if we end up getting that later this year man yeah i i truly think it's going to be
earlier bro just because of um the setup that we've got here right it's literally everyone's
sideline right or wrecked the, like the actual people with money,
right? All the hedge funds, all this kind of stuff, they're the ones who are looking to enter,
right? They're the ones who actually move the market, these institutional buyers, whatever.
So all this uncertainty keeps them, you know, at bay. But as these, you know, incremental check
marks start to be crossed, like, you know, getting past these tariffs, maybe some get,
you know, the severity of those tariffs
gets pulled back a little bit on some of the main countries that he's dealing with.
You get the economic data heading in the right direction, all this kind of stuff.
It's like little weekly updates to where price can just incrementally go higher and higher
and higher.
And people are confused the whole way up and uncertain the whole way up.
So you're getting to like, let's say 100k BTC or whatever. And then you get like the final, you know, nail in the coffin for cementing the direction of the market, let's say it's at like the FOMC or whatever. And then bang, you're just straight into price discovery. So it's a textbook setup, right? To literally go into a bull run here. It's just, can we get past these tariffs? And then can,
well, we kind of know that the data is potentially going to be heading in the direction.
It's more likely than not that it's going to cause, you know, the Fed to cut rates right before that
debt maturity will and, you know, end QT. So everything is just lined up. It's just even me like I can't I can't give you an
answer of like 100%. It's going to be, you know, all time highs because it's going to be an
incremental confirmation. But that's the setup. So there's, there's kind of no other better time
to send this market higher than right now. And I can see the market wants to rip if it can get that certainty. So yeah, let's see if we
get it. April again, like keep mentioning it for months and months. Get through April and you're
going to have your answer. April. Yeah, I don't think it's going to be like a rocket in April,
right? I just think it's going to be that incremental buildup into May.
And that's where potentially we can start breaking to new all-time highs in May.
May or June, somewhere around there.
Yeah, I agree with you.
I definitely think we need time for the market to digest everything.
Ultimately, though, I think the market will just realize that this was pretty much all pricing. And again, I'm in your camp as well, Donnie. I've caught up to as much as I can up until this point I've seen so far, it just seems like Trump, he's given us exactly what he told us he'll give us.
And we're seeing, you know, from what I've read, Canada is already kind of acquiescing and saying, OK, well, if you drop yours, we drop ours.
So we're already seeing other countries kind of come to the table.
And ultimately, these terrorists are going to be good for the U.S. long term.
It's just about I'm assuming Trump is just using tariffs as a way to get people to the table.
That's the understanding that I've had up until this point.
And it looks like that's working.
And ultimately, it will just lead to, you know, more investment into the U S we've seen trillions of dollars being committed to being invested into the U S from, you know you know, the UAE and, and others.
So whatever Trump is doing so far, it's working. The market is, is obviously scared. They're
obviously scared of the unpredictability that Trump has. And he has kind of flip-flopped his rhetoric when it comes to
terrorists and different things. So obviously there's a lot to be mindful of in that sense.
But overall, what he said in this briefing, this presser that he had, I mean, we kind of already expected him.
That's exactly what he told us he'll do.
Reciprocal tariffs is kind of what he's been telling us this entire time.
So we got what we wanted.
Now it's just a matter of, okay, can we confirm the rest of it?
How does this play out in the stock market?
How does the general market react?
And then that will kind of give us a feel as to what crypto will do from there. But yeah,
I think there's going to be this kind of like watch and wait period with markets. Everyone
will just kind of try to see what comes out of this, see how everyone will digest it in their own way.
But ultimately, I do think that we'll come to the conclusion that inflation is falling. You can look
at truflation. Like you said, the DXY, it's heading in a bearish direction. We still need
confirmation on some things, but it's still heading in the direction that we want it to head in. And then ultimately, you know,
Bitcoin is going to do its thing. So we still have some levels that we have to climb up.
I'm just pulling up my chart here real quick. And I mean, I think, I still think that we climb up
from here. I mean, we made that higher load that gave me a lot of
confidence. You know, of course I would say we need to still, you know, kind of get back into
that, get back above like 92 K to really be in the clear. But you know, I think market just markets
just kind of need their time to digest everything. And we'll be back. On chain, there's already a ton
of volume on chain. I'm trading some degen stuff on chain as we speak while Trump was talking.
So the volume is back. And like you said, the markets want to be bullish. And that's all about
confidence, right? We talked about this last week when I be bullish. And that's all about confidence, right?
We talked about this last week when I was here.
On-chain is all about confidence.
Confidence equals volume.
Volume equals higher prices.
Especially when we know that markets are forward-looking.
When they look ahead, especially April 10th is coming up with that next inflation report.
So I'm assuming that's going to be good
if true inflation is any indication. And we should kind of see that buildup continue,
and we should see some bullish price action and momentum come back to the market. So
I mean, for now, we digest, but April 10th is personally where my eyes are set on
for the next kind of like catalyst to push us higher.
I would just add that even though we got the higher low on BTC,
to me, technically, it's not a higher low because you didn't take that liquidity at 79k.
That's still on the cards
to confirm like that this is accumulation and then you start to break upside levels so until then
it's just unclear to me what direction this goes but you know if the um if more sort of um you know
positive stuff is announced around these tariffs from trump then then probably
that's the low right that higher low that we got but it was just in such a weird spot like there
was no there was no like local support there or from how i analyze the charts it was kind of like
open in the air you didn't really sweep um you know you had like a liquidity point at 81 200 you
didn't even sweep that so it's kind of just like you had this little point at 81,200. You didn't even sweep that.
So it's kind of just like you had this little local accumulation
on a super low time frame to come up to here.
So yeah, it was a super weird spot.
So I don't know.
79K is still potentially on the cards,
but ultimately I think that 76,600 level should hold
or at the worst 73,600 just because you didn't clean up that level so it
just looks a little bit a little bit weird to me yeah i've not going now that was it that was it
oh gotcha gotcha um yeah no i i can i mean some people you know might think that we're kind of
like we're kind of like no man's land.
There's no previous levels to kind of confirm where we are.
So I definitely think that we do have lower in the cards.
But I think a lot of people are expecting and even looking for us to go lower.
So that's why I'm kind of like, I'm leaning,
I'm leaning a little bit bullish, but also at the same time, I'm naturally bullish in a
overall. So I'm trying not to let that cloud my judgment, but at the same time, you know,
if we can, if we can get this 92 K level back, that would be, that's really what I'm looking for.
And, you know, we'll see we'll see but definitely we can
we can uh there there's a chance that we retest those past levels i do agree with that you have
to acknowledge that as well and be prepared for it matt what's going on, brother?
Trump tariff day.
Definitely not a nothing burger.
I'll say that.
I was saying yesterday and last week and in previous spaces that the last thing we wanted to hear was tariffs on Chile,
tariffs on South Africa, tariffs on Uruguay, tariffs on a whole bunch of countries and continents and regions that we hadn't discussed previously. And yes, there was talk of like,
look, everyone's going to get reciprocal tariffs. But now you see just exactly what that means. Everyone literally gets 10%
tariffs, whether you are ever mentioned or not, whether they're actually tariffing you or not.
It's just blanket. Everyone gets a minimum 10%. And then I guess that's the jumping off negotiations.
And everyone will have to come to the table, come to the oval uh do the kowtow to trump and
and i don't know give give some concession on this or that to get that wiped off the books but
this is not what the market wanted to see we didn't we didn't want to see a whole bunch of
uh countries named that they hadn't considered before previously and um obviously the big ones, China, EU, Canada, Mexico, our biggest trading
partners, those will be the ones that the market pays attention to the most. But yeah, this is a
lot of new info that the market kept, even as late as this afternoon, saying um uh it's it's not going to be that bad uh a lot of countries
might get exemptions looks like no one got an exemption that's that was a that was a big fat
just i don't know where they pulled that out of their butt but no one got an exemption um yes it's
the opening salvo yes it's the initial jumping off point. But my takeaway is expect six more weeks, 60 more days of sideways chop consolidation.
This is not, we're not bouncing back to 90K plus anytime soon.
Forget all time highs anytime soon.
anytime soon. The market is going to want to see not one, but two CPI reports that inflation is
not becoming a problem again, to Donnie's point. The market's going to want to see two, not one,
but two labor reports that companies aren't just starting to throw in the towel like, okay, crap,
the auto tariffs really are going to hit us. Well, if it's, if it's 25% more expensive cars,
we need to lay off, I don't know, 15, 20% of, of workers. And they just, you know, they pull the,
they pull the bandaid off. And, um, that's just one example, but a lot of companies are going to
be thinking that too. Uh, like, all right, we have some, we have some real numbers on how more,
much more expensive things are going to be for us.
Who knows if it's one week, one month, one year.
But these companies are not willing to lose money.
They're not willing to lose margin to their competitors.
They will lay off workers to protect their earnings.
So that's the problem.
I think markets are going to want to see, again, not one but two labor reports, not one but two CPI reports before they feel confident in pushing prices much higher.
So that's okay.
Sideways, consolidation, more time for you to stack.
The worry is, the downside is, if either of those reports start to deteriorate, yeah, we'll have to discuss what a leg lower looks like.
yeah we'll have to discuss what a leg lower looks like
i thought the summer doldrums were front run man
sure i mean yeah if you can guarantee me that labor u.s labor holds in strong and unemployment
doesn't keep doesn't start creeping up, then yeah, absolutely.
But that's what I'm saying, though.
The market is going to want to see two months of that before they're confident.
So for Bitcoin specifically, Bitcoin specifically, 76K can absolutely still be the low.
Absolutely. specifically 76k can absolutely still be the low absolutely until new information comes out
but um you know as of as of right now we're sitting 10k higher than than that local low
people who bought that dip are sleeping well at night um now going forward again i think everyone has a lot to digest everyone's
checking everyone's checking the uh uh the maps to see like what what country or what percentage
did i just get hit with you know so this is not this isn't going to be a one-week story
it won't be a one-month story.
This is going to play out for the rest of spring.
Matt, you know as well as I do that BTC is not going to stay within a tight range, man.
We're probably going to see that same type of range that we saw last year.
And that was a pretty volatile range also have a very rough times thinking that like we're just going to range between 76 and 88 man
really rough time period man if that were to happen again i i don't really think that's the
case i think like we're probably going to go into uh we're probably going to go into that same kind of environment, Matt.
What are your thoughts for tomorrow's open?
How do you think we're going to react with equities opening tomorrow?
I'm just taking a look at the after hours.
It seems like people are pricing in the worst of the worst.
worst of the worst.
Matt's having connection issues,
Naka, did you want to say something, man? I saw you
come off mute.
Bro, dude,
Sorry, they must have been paramed by my mic. I don't know what you're saying, man.
I don't know what you're saying, dude.
I think you're going to have to go on mobile.
Is something over your mic, bro?
No, I think it might be the computer's getting a tablet.
Yeah, he's using the computer.
Spaces work on mobile
the best, not really
on desktop.
You definitely sound underwater, Naka.
Yeah, I know the problem is
I have a good mic, but
it chooses to
use the shitty one.
At least tomorrow, Wavi?
I mean, yeah, look at Aftermark.
Everything took like a negative 1%, 2%, or 3% nosedive.
Everything sold off after hours.
I'll pass it over to Prometheus while Naka fixes his mic or gets on a new device.
Prometheus, what's up, man?
Hey, bro. Not much. I'm reheating some jerk chicken, bro.
If you guys haven't had jerk chicken before, you guys got to figure it out.
That shit is the alpha, man.
We're heating some red beans and rice and some jerk chicken.
It's going to be fire. So, but with that being said, man, I kind of talked about it in the afternoon call in the
discord with the BB guys, but the markets have a brain and the memory of a goldfish. We tomorrow
are probably going to hear more about the tariff shit and then probably
come market close on Thursday.
You're going to hear everybody rambling about unemployment on Friday.
And then it's going to be CPI.
And then what pal has to say, and then it's going to be earnings like the whole tariff
narrative.
You know, I get why people are frightened and understandably so.
Like Donald Trump is referencing 1880 and how that reflects the current economic environment in the United States.
I mean, I get it.
Like I get why everybody's a little worried.
But, you know, the tariff stuff, you know, week, nobody's going to read, nobody's going to
be talking about it. Um, you know, you might hear light, light mentions of it here and there,
but it's just fascinating to how, you know, and, and you can quote me, um, and reference me on
this, but when you see in two weeks, like you will see in two weeks, it's just going to be
onto the next narrative. It's going to be onto the next narrative.
It's going to be onto the next topic. Um, you know, I have talked about too, that when we've
seen drops of 10% or more on the SPX, the average full recovery of that drops, you know, from the
last 16 occurrences since 08, it has taken 90 days. Everybody wants a swift, fast, immediate recovery and how
we're going back to new all-time highs and now he's going to lower tariffs. I get seeing some
form, some window of strength to where you could see some bullish price action across, you know, the hot names and all
the sectors, but some full recovery to where the, you know, to where we get back to where we were
pre, you know, tariff announcement, in my opinion, is going to take a lot of time. Like Matt said,
we need to get to the point to where things are very constructive from a data perspective, just like what we saw with inflation,
where it took several prints of inflation coming down to where the market really realized
and had digested to the point to where they're like, okay, inflation's coming down, the rate
hikes are starting to work, and we will then reevaluate. But that's when the kind of direction
the sentiment started to change. If we start to see, you know, over this next quarter or two,
and, you know, this next, you know, quarter or two of data prints that things are okay. And we
are in a, you know, the economy isn't constricting and in contraction, then sure, you know, but in the
meantime, I do think we see some sideways price action. I've been talking about it. Like the lows
on Bitcoin are not safe at all. That move that we had off the low of 76K was a farce. You had
an illiquid low volume environment to where the liquidity and the people that were left in the
room were able to slowly grind us up to where we're at now. And that is not indicative of a
bottom at all. Like if you come down into major demand levels, and if you've seen high timeframe
lows on BTC across the board, it's always been us come down aggressively into those levels and the buyers step in showing and proving that they want to bid those levels.
And you see us recover quickly out of them, which is not what we saw at 76K.
And I think that we still have some work to do across the board, but I do think we have
a window of strength as well. I think that shorts have largely, you know, there's asymmetric risk
to the upside and shorts have largely over positioned to the downside, in my opinion,
in the near term. And you're likely going to see a lot of them get squeezed out of their positions because like I, I, like I'd said, the market's a very short-term memory. And because of that,
you know, and I'm sure in a week or two, we're going to be talking about how Bitcoin's at
potentially 90, you know, around 90 K and how things are so back and that's going to perpetuate,
you know, shorts getting, uh, squeezed, I think for only a short period of time though. Um,
before then you probably do have some things unravel from like a broader, uh, broader,
you know, uh, market environment perspective. And, uh, but in the meantime, like I, I still
very much in the camp that you have a window of strength right now until, you know, that window
of strength leaves, which is generally around mid may, which is why everybody says selling may go
away. Um, because the supportive flows really start to slow down going into summertime.
That's just historically something that has always occurred. And if history is anything as well,
typically Q3 earnings are pretty atrocious. And so if you go into Q3, Q4 of this year and tariffs really do start to impact things
and we do really start to see a slowdown across the board, then you're likely going to have
probably a pretty nasty earnings season. And yeah. So that's just kind of like what I'm kind of what I'm watching out for right now.
But in the short term time frame, I think some shorts are probably going to get taken out to the woodshed before we potentially do see lower.
Hey, Naka, is your is your mic fixed, man?
Yeah, I'm sorry on a different device.
Can you hear me?
Nah, dude.
You're going to have to use the phone, dude.
You're going to have to use the phone.
All right, I'll use the phone.
I hope this isn't a metaphor for your P&L.
Donnie, what's up, up man you had your hand up now i was just gonna ask you what do you remember from um the tariffs in 2018 was it like similar
like an announcement like this and then they got kind of rolled back or eased slightly how did that
play out honestly dude like i like to keep it simple um i don't really like to talk macro too much because
i find it quite boring um again not much alpha from it but in 2018 those tariffs like that whole
narrative ended within four months from august 2018 all the way until december after uh markets imploded that was basically it and we started qe soon after that
um and when trump first got in like there was some like talk about global trade war and all that
stuff but all that was basically just like international markets outperforming america right like long china uh instead of long u.s markets and i'm not
really thinking too much of it i think like whatever downside is going to happen is probably
at max done by september that's kind of what i'm thinking but i think like it's probably going to
happen a lot sooner um than that But all I remember is the time.
And these markets are more forward looking than ever.
And I still think like today is pretty similar to the Bitcoin executive order thing, right?
Like we actually pumped on that day.
Same thing with like Trump tweeting on on I'm posting on Truth Social
rather one of his like
administrative partners or whatever
on his team tweeted those tickers
out like ADA XRP and stuff
I think it's probably akin to that
and I'm sure like
I'm sure like he put those numbers
just to get people on the table for
negotiations I'm keeping it simple and that just to get people on the table for negotiations.
I'm keeping it simple.
And that's pretty much what I remember, man.
Yeah, sweet.
Now I just wanted to get an idea what you thought about that.
But I guess even the timing and the cycle and stuff was completely different back in 2018. It just seems to me like how Trump's been
signaling this whole situation
is that he has some negotiation flexibility
in his tone.
So let's just see what the next couple of weeks brings.
I don't think they'll stay as they are,
but we'll see.
That's just a speculation.
But that's kind of the point,
because that's why I'm saying
that this is going to remain
the dominant narrative for weeks and weeks,
if not at least two months.
Because, I mean, you can just picture it now.
Next week, China comes to visit.
The week after that, representatives from the EU.
The week after that, Canada's back in town. The week after that, okay, Mexico. Okay, the week after that representatives from the eu the week after that uh canada's back
in town the week after that okay mexico okay the week after that is turkey and like this is gonna
just like drag on for the rest of spring minimum so that's why i'm like i'm not i'm not all bared up
and i'm not some gigable saying v-shape recovery i think everyone needs to uh strap in and get comfy for at least april in
may and best case scenario i think chop consolidation sideways as uh as we um you know
watch to make sure that u.s labor market doesn't capitulate watch to make sure inflation doesn't
start to spike and see how much of these tariffs can be negotiated.
Yeah, I wouldn't have a clue about the timeline, but we'll see.
Yeah, we'll see.
I still think a little bit sooner rather than later, but yeah, let's see.
Naka, you back with us, man man oh yeah can you hear me now yeah it's
perfect man spaces work a lot better through mobile not does yeah it'll
probably never work in desktop yeah it's a shame um so what's what's the one of
the thoughts here are are the Trump tariffs bullish or bearish for my shit
coin portfolio
i'm like i'm all in on andy and i want to know whether it's going to go up or down because the
tariffs so if anyone could help i'd love that i haven't looked at the price, so just, you know.
Go ahead, Jill. You can talk.
It's probably going to go up, bro.
Let's just, uh,
let's just be optimistic, shall we? No, in all seriousness, um,
I don't know about Andy, man. Um, I mean, base is tough volume on base is tough. Ethereum.
I don't know when that thing is going to pump. it will eventually but but i don't i don't know bro are these i wish i could just tell you we're gonna go all the way up you know from here and go straight
rip straight to 100k but i'm sorry bro your your bags are probably cooked
is that is that 100k on andy or is that 100k on Andy or is that
100k on like Ethereum
I wish we would
Go 100k on Ethereum but
Probably not gonna happen
100k market
I don't know Whose signal I don't know whose signal i don't know whose signal is is pop is popping through man
it's it's it's pretty gnarly but as far as shit coins knock i think like
it's not an environment to go like balls to the wall i think dude um i think it's just like an environment where you just
go in for small scalps or you play new tickers right like over the last few weeks i played uh
kita for like a week that thing went up like 10x um i've been scalping yeah it went from like 5 mil to like 100 mil but
i cut it i cut it at like 65 or something like that but nonetheless um and then some other scalps on like bera um an earlier last month late february
with story protocol but definitely not like the environment that we were in in q4 when you were
gone bro q4 was sick i don't know where you were man that was literally that was your environment
naka like well i mean i couldn't really i couldn't really see anything particularly good
i'm kind of building so but i mean like there was ai 16z there was virtual yeah but i mean
yeah but i mean all of those are griffin i mean it doesn't it doesn't matter about fun it doesn't
matter if it's a scam or not man it matters that the price goes up like that yeah i mean sure you
can you can have things yeah you can you can have things right this is the ultimate arbiter of truth
man all this like fundamental this fundamental that like that has its time in place man but like
literally from fundamental fundamentals in a bull market is always a dodgy
proposition oh yeah like like AI 16z was going crazy on github like during that
time period fundamentals were shining same thing with ray and ai xbt all that virtual stuff that was your
environment man that was like where i expected you to be here on these spaces just absolutely
killing it man um yeah i'm interested i'm interested i'm interested in real ai projects
not in like you know scams and coins and vaporware um what's real ai though man like what's i mean yeah
all coins are like basically like all coins are scams like we we know that yeah yeah yeah
i think that's kind of the problem with crypto at the moment is that people are just like
i don't care what it does i don't care if it does anything it's just a meme coin just buy it it goes up then it goes down like
and i think crypto has to sort of mature out of this and hopefully what's about you know i mean
the reason the reason i'm kind of like happy that things a little bit bearish is because
hopefully this can be the bear market where crypto grows up a little bit and it's never
gonna happen it's never gonna happen what's the difference between something why would that ever
happen like what's the difference between i'm talking token i'm not talking about some white
paper like what is the inherent difference between something like far coin and chain link and chain link has a ton
of overhang supply founders relentlessly nuke on you and i mean the problem so the problem the
problem with a coin like chain link or again against far coin which which all the supply
is already on to the market there's no retailers yeah so the thing is like if you take a if you take a stock like say
anthropic or open ai or something like that you know the founders or nvidia right the founders
have a lot of supply right the founders can dump but it keeps going up and the reason the open ai
and anthropic and nvidia go up because they have a product they actually build and they have revenue
and you know something like
optimism or arbitrum or chain link or uniswap or all of these things they don't actually have
revenue right like they don't actually make money they just like show the token to retail investors
and yeah i mean you know game theoretically retail investors have learned that tech projects are bad
and that tech founders will just dump on
them and they'll never produce anything that works and so crypto has moved on to meme coins
and this is not like it's not sustainable well maybe it is sustainable at a kind of like low
level you know like there's there's places where people do gambling there's like paddy power and
you know bet 365 and this kind of thing. And I think, like, if crypto doesn't go into becoming the next OpenAI,
the next Anthropic, you know, the next Google,
it will go into being the next Paddy Power, the next Bet365, right?
It's kind of like which way Western crypto, man, okay?
It's like, you know, the one path is that you change the world,
and the other path is that you basically become sports betting for
zillennials.
I don't want that.
that's shit.
So I'm not,
but hopefully,
hopefully,
like I hope the S and P does actually nuke.
It hasn't really knew that much yet,
I think if we go to the 200 week on
the S&P, we
will get a proper crypto bear market, which
we deserve. I don't think
it'll be that quick. I think it probably takes until
September, October, November
of this year, if it's going to happen.
It's not guaranteed.
Hopefully, this will be the
bear market where crypto actually fucking
grows up. I was kind of hoping it would happen.
It already did.
Wait, Naka, I would contend, Naka, that it already did grow up.
Like, what's the big difference between last cycle?
What's the big difference between last cycle and this cycle?
Last cycle, you had all these narratives of
you had you had 20 year old kids man fucking borrowing money with customer funds on zerping
qe and buying shit coins that didn't really do right that didn't really do much right that's
that's the difference and now it's like the only people yeah there's no yeah there's no 3ac anymore
there's no there's no uh what do you call them genesis trading there's no yeah there's no 3ac anymore there's no there's no uh what do you
call them genesis trading there's no uh there's certainly no it's just us man it's just yeah
yeah it grew up it's it's a it's a ghost town but it definitely grew up but here's the thing
if if if we want to talk macro man it's just people like when the millennial and zoomer
generation that just got higher paying jobs right because as you get older you elevate in the workforce and it's just people earning more
on their jobs or whatever and they're using that higher salary to buy share coins and that's it
and that that's it sounds stupid but i'm just gonna work with that dude i going to work with that, dude. I'm going to work with that. As long as people can come on-chain and not have – and there's no KYC sign-up, but on-chain trading, like shit coins and everything is the easiest thing that you can do as it is on PumpFun.
Literally, it's not going to – yes, we're going to grow up in terms of the kind of mature side of crypto, but you're going to have to break it up into sections.
You have your long-term investors, your long-term builders, people who are really serious about what they build in the space.
And then there's going to be a whole ton of crap.
And unfortunately, this is a – not unfortunately, but this is a free market, and it will attract all sorts of people. And that includes the 15-year-olds that
have no idea of what long-term investing is. That includes the irresponsible young adults,
young 20s who just want to gamble for a quick buck. And that also includes more serious investors.
You have to look at the space holistically. Yes, we are going to
have aspects to crypto that will mature by leaps and bounds. That has happened. It will continue
to happen over time. But we will also attract, because of the types of gains and value that can
be generated on chain, we will also attract all sorts of wrong kinds of people who are here simply to make quick money. That is
called DGEN Volume. DGEN Volume is based on human greed. Unfortunately, I am bullish on human greed.
And so people will continue to come to this space for quick money and they will continue to lose
money until they develop a framework, a long-term mindset, and all the things that you need to be a successful trader or a successful investor in this space.
So you're looking for crypto to grow up.
I'm telling you it has.
But I'm also telling you because of that growth and because all the value that's being generated and all the people that make money, people come to this space for all sorts
of reasons. And guess what? Pump Fund just said that you can pay for meme coins on a pay later
basis. So you thought the first wave of Pump Fund meme coins was crazy? Wait until people can pay
for memes on credit. This is about to get crazy. And unfortunately, you know, that's just the reality of it. Like, it's not a bad thing about the space. The space is all about experimentation. Experimentation needs people who can just toss their money at anything. was a massive experiment done on Solana. And it proved that Solana can handle billions and
billions of dollars of volume. And it's proven that on chain, you can trade on a DEX, you can
trade using trading terminals, you can do all these different things on chain, and it won't
break Solana. But you need, so it's unfortunate that for the growth of crypto you need degen volume people
who are willing to put their money and throw it at anything you need that kind of volume those
kind of traders in order to generate the growth and the value that we see on chain
so you gotta take the good with the bad man you gotta take the good with the bad yeah i i think like the bear market like not the next bear market but the one after that
i think that's like the omega omega bear market where all this stuff kind of catches up at some
point the chickens will come home to roost but like i feel like for now man it's so
horrible to actually maintain a long-term bear stance on this market like if you're bearish
right like i remember getting bared up to the tits um like i think it was like a few days after
um the inauguration like late january like yo you have kanye tweeting about coins um freaking portnoy
or whatever his token um and the jelly jelly people uh something has to give and then i remember like
after the eclipse or during the eclipse i found myself just like going absolutely crazy
over what scenarios can happen and I just I remember thinking to myself and
I'm like yo if we don't cataclysmically nuke during this lunar eclipse thing
which I was expecting for like months and months and months i i have to
start being a bit more optimistic because dude when you when you turn bearish it is so hard
so difficult to reverse that mindset and i feel like it kind of extracts from your future pnl
because you're just so on guard thinking oh it might top here
might top there because I've seen the way you know these assets trade on chain before right
like like during the next on chain season on Seoul I think there's going to be a lot of people
that might think oh the usual ceiling for Seoul is two to 300 mil because, you know, I saw that with Billy during that one summer last year.
I saw that with some AI tickers that capped at like 500 to 600 mil.
And usually during, you know, the next expansion of a bull market, the ceilings for some of these assets trade much higher.
Right. And we saw that uh with some eth
stuff um in 2023 we saw that with uh with a rollbit you guys remember rollbit my gosh man
when that migrated over to eth it topped out at like 700 mil and a few months ago we saw assets
top out at like two bill, three bill, four bill.
We saw that with Popcat.
We saw that with virtuals.
We saw that with AI 16 Z.
And yeah, I think that's the danger of being like super, super bearish.
And I think like if we just think to ourselves just many seasons of risk on and risk off um that could that that could keep
us in the game for much longer man and we have to think to ourselves a lot of people almost got
decimated in 2022 and so coincidentally right or i guess the consequences of having that PTSD is missing out on a lot of the pumps that have happened over the last few years.
Because, in fact, we have had some alt season, man.
Like, we've seen things like Pepe going from when Pepe started going viral and Polly was hosting those spaces and i remember because i was on the because
bitcoin account being a co-host on those spaces for hours and hours pepe started going viral on
ct at like 20 25 mil and within 18 months it traded at 13 bill market cap um harry potter
obama sonic inu went to like half a bill man mog went to three bill or two bill wherever it is that it
peaked exactly popcat went to billions whiff went to billions bonk went to billions multiple ai
tickers went to billions render pulled off like a 500x off of the the december 2022 lows so i think
it's really really important that like even if you're like super bearish or super bullish, it's good to like talk to people that have an edge in either or environments.
Right. Like if you're cautious on maintaining capital, right, like preserving capital, then someone like a trader XL could be a good follow.
then someone like a trader xl could be a good follow right and you know if you're like an
on-chain trader then someone like chill and donnie would be a would be a good follow right
so i mean hey man chill called out griffin at like 20 mil market cap and it went to like
half a bill plus you know what's crazier i called it at 3 mil in my TG.
Yeah, yeah.
We called out Ray on these spaces at sub 10 mil.
It went up to almost 200 mil. We were talking about AI-16Z at like 150 mil.
It went up to almost 3 mil.
Like, all season did happen.
Just like not in the way that people expected expect it's not as easy as going on
coinbase anymore unfortunately we're just not in an environment where kiwi and zurp is active
and until that happens like unfortunately it's a skill issue for for a lot of people and that's why
like crypto for the most part this cycle has mostly been
extractive when where there's more losers than there are winners it's been a tough market i'll
agree right but if it sounds so corny but like if you applied yourself and like networked and spoke
to people that have access to information that you might not be exposed to right
specifically with on-chain stuff then it is what it is man that's what i have to say about that
i kind of went on a tangent there donnie chill if you guys want to touch upon what i said or give
some of your thoughts yeah in regards to i guess like i don't know psychology sentiment
things like that just thoughts on this cycle so far also.
Yeah, I think that, you know, the talk of when people say, you know, alt season hasn't happened.
I think it's number one, good to overall from a high timeframe standpoint, like don't rely on just, oh, is it a bull market?
Is it a bear market?
The markets are a lot more complicated in that it's divided into on-chain and centralized
exchanges, right? And for me, what's been beneficial so far, because I bought the 2021
top as many may know, but after buying that top, I was on centralized exchanges. I kind of did a little thing on chain. But after I delved into on chain and trading on DEXs versus trading on centralized exchanges, you start to realize that this was where crypto was headed, period. On-chain is where this whole thing was really high will be on chain trading terminals.
So we've heard of terminals like bull X,
like a photon or what,
or what have you.
A lot of these things are really easy.
We've heard of TG bots.
Those are kind of like the,
the pre the precursor.
Remember that man?
Jesus ripped it ripped all the homies, man ripped all the homor. Uniblock. Remember that, man? Jesus.
Ripped to all the homies, man.
Ripped to all the homies. Yeah.
Hey, but it changed the world for a few weeks, at least in 2023.
You know, it did what it was supposed to do.
But yeah, man, I really do think that, you know, when you look at the trend, the trend was moving away from centralized exchanges and toward anything that can interface different, you know, features all in one place, which makes on chain a now the venue to trade. And it is the best place for, you know, asymmetric upside on things. It's the best place
just to hunt the next runner. And it's the place where you can really develop an edge. You know,
it is, I will agree, it is also the most dangerous, the most riskiest of places to trade.
But if you develop an edge or, you know, some filters on your trading systems, you can kind of filter out some things and make it to where your system works for you and your goals or maybe you just want to get some good growth on your portfolio by trading
some mid caps and trading the ranges on those. These are all things that you can do on chain
and you can do it without the KYC and without all of the things that come with centralized
exchanges. And typically now you're seeing not only the users are coming on chain,
but the builders are building much better projects with much better tokenomics.
Like we're looking at XRP, for example,
where basically you can think of XRP as a bundled launch on PumpFun,
where it's most of the supplies being held by the
team, you know, and all you have to do is hope that they don't, you know, dump that on you.
Obviously, they probably have some safeguards in place. But the same thing goes for something like crypto.com, they burned a ton of their supply back in 2021, and they just
unburned it this year, just a few weeks ago. I've never heard of a protocol or project
unburning their supply, adding supply to the market, which is really bad for tokenomics.
But I feel like we're a lot more aware of these things on chain, but that creates, you know, that creates a gap in, in, in,
in the flow of information. So where some people are aware of these tokenomics and the importance
of them and the differences between one versus the other and others, they don't know that.
And if you, if you learn and you apply yourself, there are a ton of things that
you can learn on chain. I've posted several threads and things like that throughout my
thread or days. And I might even start doing a little bit of that again. But there's a ton of
things that you can pick up and learn, even small things that can just, you know, really help you to navigate on chain.
And it can make it, you know, one of the best kind of ROIs without the massive risk.
People think on chain when they think of that, they think of memes or whatever.
But there are a ton of like real builders in the space on Solana, on, you know, hopefully
eventually Ethereum.
But the volume is on Solana right now.
But it's just a matter of
keeping up with the trend and being able to navigate and come up with filters that work
for you and having clear goals in mind that can help you to approach this the right way.
But man, this is the place to be. And when you think of a true alt season, it's not going to happen on centralized exchanges with XRP going to a bajillion dollars or whatever these analysts, quote unquote, are predicting.
200 mil plus, like a Griffin that went from three mil to half a bill with something like
Fartcoin that can go from 500K to half a bill. These are the opportunities that you want.
And based on the plan and the trading system that you set up for yourself,
you can get maybe not all of that. You can that, right? Like you can't, you know,
know that fart coin is going to be fart coin at like, you know, a hundred K market cap,
but you can get a chunk of that ROI and you can save that for yourself. So you can maybe get a
couple X's or, you know, you know, or whatever it is that you get, but based on your plan and
your trading system and your whole process, um, you can develop an edge and make it work for you.
And I think on-chain is going to be where the next quote-unquote alt season is.
But it's not a true alt season.
It's more of just risk on and risk off.
And we've talked about that a ton on this show.
uh are up only um that provides a lot of upside for something you know like on chain tokens to
to you know give them room to to run and really outperform the entire market
i think that's a great way to wrap up the show unless donnie you want to say something
before i wrap up brother i think uh i think we had a pretty nice show today over the last hour and a
half all right cool i'm gonna go ahead and wrap up guys
yo shout out to chill donnie naka prometheus matt thank you all so much for popping on the show i'm
gonna go ahead and wrap up here guys y'all if you've been enjoying the space if you guys have
been enjoying the stream over the last hour and a half we are because Bitcoin We're an online financial media company that loves to produce all things live streamed content
We have a show for everybody
Regardless of what kind of content they enjoy consuming if you guys enjoy visual content all things technical analysis charts graphs
stuff like that we have a show for you guys over on our youtube channel called market check the
Stuff like that. We have a show for you guys over on our YouTube channel called market check
show is usually hosted throughout the week at 11 a.m est and then of course later on that day in
the afternoon we have market talk hosted by me wabi shows usually start between 4 20 or 4 40 p.m est
market check usually starts between 11 a.m est orC or 1115 a.m. ESC.
Both shows usually go on for about an hour and a half, sometimes two, three hours, four hours, depending on the day, depending on the events, volatility, price action and stuff like that.
So if you guys have been enjoying the stream, feel free to give us a follow.
Feel free to give that giant yellow square a follow with the yellow check mark that says because bitcoin.com and also feel free to follow our speaker panel and of course if you
guys want to join our inner circle if you guys are looking for a private inner circle community
that covers all things markets whether it's equities whether it's commodities even whether
it's crypto and its various sectors,
feel free to send us a DM or check out the link in our bio and we'll get back to you
if you guys have any questions, regardless of regardless of what it's about, whether
it's our trading terminal called BB Terminal, whether it's joining our inner circle discord,
or if you guys are interested in having some of us
here because bitcoin trade your funds as we do have an sec registered hedge fund called bb wealth
management so if you guys have any questions in regards joining our inner circle um obtaining
your own bb terminal or becoming an LP on our fund,
feel free to send us a message and we'll get back to you within 24 hours.
Within our inner circle discord, we host two private live streams,
one before the New York stock market opens and then one shortly before market
close. So we cater to everyone across the globe,
whether it's our private streams,
whether it's our public streams, whether it's our public streams, or whether you like audio content such as our spaces or video-based content from our YouTube.
So, guys, thank you all so much.
Thank you, thank you, thank you.
We'll be back tomorrow bright and early at 11 a.m. EST for Market Check over on our YouTube channel.
Spaces are recorded, as always, guys, in case you missed anything that was said or you recently come in you've recently come in so thank you all so much
and shout out to all of you guys that have been supporting us over the last couple of years over
the last couple of months or whether you're a new listener that's been tuning in over the last
few days or weeks thank you all for the support i don't take any of this for granted so feel free to tell
a friend to tell a friend about us here at because bitcoin and also before i wrap up guys
go ahead and show some last minute love to the space click the spaces tab below and then right
above our profile pictures feel free to hit the like button smash up the repost and retweet button
so that our recording can hit more
of the masses here on CT. And of course, it'd be much appreciated from us all. So thank you all so
much. Once again, feel free to follow us and feel free to follow the speaker panel. Shout out to
Donnie once again, Prometheus, Matt, Chill, and Naka for coming up and talking shop with me.
It's been a pleasure, guys. The stream went on fantastic over the last hour and a half. Take care everyone
God bless you all shout to my Lord and Savior Jesus Christ for allowing me another day of health to talk about markets
With you all so guys take care. May the candles be in your favor. See you on the next one bye-bye Vielen Dank.