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Market Talk- New ATH for BTC and Sol this month!? Bullish September!?
Recorded: Sept. 8, 2025 Duration: 1:31:21Space Recording
Full Transcription
Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. I am so happy you what
Don't stand here for me
I hold on to the radio
I feel like I'm lying away
So I'm so late
Don't save us is
Oh I'll wait for you I know that the world is ending The love that I'm sending
It's in the middle of a hero
And that's why I'm here and won't be
They say that I hear
The same love that I don't want to hear oh
oh There are lots of people! There are lots of people! There are lots of people!
There are lots of people!
There are lots of people!
There are lots of people!
There are lots of people!
There are lots of people!
There are lots of people!
There are lots of people!
There are lots of people!
There are lots of people!
There are lots of people! There are lots of people! watching the the
the guys what is going on welcome back to market talk brought to you by bb i decided to play
a different song today the song is called hero from nickelback and this market needs a hero and
let me tell you all ladies and gentlemen those heroes are myself and donnie we are your bull
market heroes we've been telling you all about the playbook that these market makers are throwing at us.
We've been guiding everyone step by step, incrementally during this price action that's honestly no other word to describe it, but insane.
ETH went all the way down to 1300 guys that was insane
soul went sub 100 that was insane and now I ask who was there at the bottom
debating gold bugs debating macro people saying that it was over that it was
cooked me and donnie on spaces that day on april 7th we gave you guys the setup known as the
playbook donnie came right out with the thesis that was a part of his
pinned profile for weeks and weeks calling for new all-time highs for the
Bitcoin price and soon after that I made my insane thread on each BTC, and on others. And we saw a ton of things happening on-chain within Seoul.
And now we find ourselves in a very strange situation, okay?
It's the week after Labor Day,
which historically has marked out the beginning of the next rally leaning into a Q4 top.
We saw this dating all the way back to 2023.
The market bottomed out on September 10th.
And when we started to rally, we started to see Solana ramp up from 13 bucks all the way to 70 where myself and Max made a video on the Because Bitcoin YouTube, which is still up for there.
You guys to see at the time of upload Solana was trading at about 13 bucks, 14 bucks.
And we all know what happened.
We saw things like Neon.
We saw things like Bonk.
We saw things like Prime shoot up to insane valuations.
And the year after that, which was last year, the market bottomed out on September 6th.
And what is going on next week? FOMC. And over the last few years since 2023,
after that FOMC, the market truly starts to turbocharge you guys
remember last year we saw SPX 6900 go insane we had Murad on the show I think it was the same day
that CZ got released from prison SPX 6900 was trading at the time at about 20 to 30 mil that was a liquid 50x for some of
you guys which during the market conditions that we've had over the last two years um have very
have been very few far and between when it comes to liquid positioning and, it is now 100% priced in
that the Federal Reserve will be cutting rates
and Jerome Powell will be stopping his stance
on quantitative tightening,
which is the regime that we've been under
over the last three plus years.
This is actually an insane update. I know I've had a history over the last few months
calling for emergency spaces, critical market updates, but guys, this is a time period of this
particular cycle where we will actually see a shift in monetary policy. And speaking of monetary policy, we actually have reports of Scott Bessette, who's the head of the Treasury Department here in the United States of America, telling people to shut up or I'll punch you right in the face when talking about the markets. You have the actual head of
the Treasury Department getting angry at people who want to speak illy of this economy. And frankly,
it is now an economy that cares more about the labor market more than CPI, which I think at this
point we've all digested that there's just simply no no hope in having
inflation under two percent unless you want to have a deflationary crisis which it's it's not
really it's not really uh it is not really good um for those in this country like the recession
that will happen would be similar to that of the post.com boom, which is only beneficial if you want to have lunchable packets at four bucks.
Right. At least at least people will be able to afford school lunches or I don't know, maybe maybe ten dollar burritos at Chipotle instead of 15, which, I mean, you pick your poison. Would you rather have $10 burritos at Chipotle or would you rather have a sick Lambo?
That's the way I see it.
That's just the economy that we're in.
Pick your choice.
Would you rather have a Lambo or $10 burritos?
And quite frankly, I don't really think people like chipotle anymore
um it's become like the mcdonald's of fast casual truthfully i'm more of a payaway kind of guy
so the combo that i get at payway is usually orange chicken with jasmine rice and and steamed
veggies and for a drink which is equally as important,
I've been making the conscious decision to be less rotund,
to be less plump, to be less of a baked potato.
Now, I'm a big guy, but, you know, I still have some fluff on me, right?
I like to have my ice cream preferably
Haagen-Dazs maybe with some brownies some whipped cream okay all right guys
I'm gonna go I'm gonna go ahead and stop we're gonna talk about markets now
okay all right so we we have so marking up to fresh local highs so BTC is
honestly going insane guys if you all just simply mark out
your favorite asset right whether it's pepe whether it's bonk whether it's soul high pump
if you look at how this month is starting we are about to experience the most bullish september in all of crypto history 2023 september was green 2024 was
even greener this september is probably even going to be even more greener it's probably going to be
a buckshot it's going to be a buckshot alt season you see others btc others btc is breaking out on
the daily chart you know what that means, ladies and gentlemen? It means the
IWM is about to go absolutely crazy. You need to unmute and unfollow anyone that is expressing
any sort of bearishness. You need to channel beset mode. You need to channel be quiet,
shut your mouth, or else you're about to get a punch in the face.
And that's exactly the attitude that our head of Treasury Department, Scott Bessent,
is telling people who speak so ill will of our economy.
And you want to know who else had that same attitude years ago at the bottom?
China.
It was China at the bottom of the market in 2022, where Xi Jinping
actually started to have reporters arrested for speaking bearishly on the economy. And let me
tell you something. Right now, if I see anyone that's bearish, truth be told, I've called the
Department of Homeland Security on some of these people
it's terrorism to be honest can you imagine speaking ill will of a trump economy where he
tells you when to load up your bags when to load up at the bottom when to load off at the top
he's been guiding people step by step and and truthfully, it's insane. But look, we're going to shift the tone to something a bit more serious, right? I got Donnie, I got Prometheus, got Afro up here.
potentially going to be the biggest FOMC for monetary policy that we have seen since the
spring of 2022 when the Federal Reserve officially stopped their regime of ZERP and QE. So for those
that don't know, just a little bit of a refresher course. ZERP means zero interest rate policies.
Uh, ZERP means zero interest rate policies. So it effectively means that, um, I mean, I guess
anyone with a credit score above 650, uh, can go ahead and, uh, borrow money if they have some
good credit collateral, all that stuff. And, uh, that money that they borrow is essentially free. You're not charged any interest on it.
And we unfortunately, for some of those that were long on risk assets, got absolutely blown out the water if they had any collateral that was a beneficiary of that regime. And they went
towards quantitative tightening and an interest rate policy not seen since Paul Volcker.
I think Jerome Powell went on the fastest streak of increasing rates and went from the most dovish head of the Federal Reserve to the most hawkish. I'm pretty sure Powell was compared to Alan Greenspan, who was the individual
for causing that regime of quantitative easing post-2008. So, I mean, I guess you can thank him
if you're an individual, which I'm not assuming any of you are, but if you're an individual that has mainly just stuck to retail wages because of quantitative easing and ZERP,
unfortunately, the common man that only works through retail wages got absolutely decimated,
and it further spread the gap between people that aren't necessarily holding risk assets and are just beneficiaries of the labor
market, which we could all agree that the labor market is honestly pretty bad, right?
There's only so many jobs at Amazon and so many Uber drivers that there can be in this economy.
And it's not really an indication of true growth, but it's just something
that we all have to accept. And it's why during these shows, I call each and every single one of
you lucky, because I'm assuming most of you that speak on these panels and also partake in
viewership of these shows are in a position where you guys can set aside some of
your paychecks or some of your dividends within the stock market and put it into bitcoin and put
it into other assets within uh within cryptocurrency so uh we are lucky we are um very very very lucky
but spaces are recorded as always guys i want to thank you all for coming on up to speak
and also for you guys in the audience but before we officially go on and uh yap over the next 45
minutes you'll have to forgive me for a bit of a history monologue guys before we officially get
started if you guys can go ahead and show some like so show some love to the space excuse me
the best way you guys can show some love and support to the space is by
clicking the spaces tab.
Once you guys do that,
right above our profile pictures,
you'll see a nice link that says x.com slash I slash spaces.
Go on ahead and smash up that like button.
If you're excited for today's content,
go ahead and share the space by clicking the retweet or repost button,
whatever it is that
you want to call it as it does help bring more people into the conversation whether they want
to speak whether they want to tune in and truly i think through these spaces um there has been
some very insightful takes across the board and things that have aged um quite well we don't
always get it right but when we do, we do it big.
But I hope every single one of you had a fantastic weekend.
I know I surely did.
I went on a retreat with my church, and truly the Spirit of Jesus Christ,
my Lord and Savior, was made known in a very, very, very tangible way.
was made known in a very, very, very tangible way.
And I hope that the things that I experienced during that retreat
can amplify themselves through my character and the way I speak
and just the way I live my life through him.
So I hope you guys take something nice from this stream.
And I truly believe, as I said at the beginning of the of the
stream that we are in a position where we are about to see the the market set itself up in a way that
we haven't seen in multiple multiple multiple years now If you just look at what quantitative tightening is, it's essentially
restricting, restrict, restricting growth companies. There have only been a handful of
growth companies that actually made it out to become a blue chip. Companies like Robinhood,
companies like Coinbase, companies like Palantir. It's only been a handful of companies that have had this story of a growth
company into a blue chip status. And honestly, I'm very excited for some of you. The rest of this
year, a lot of you guys are going to be making trades that you've never even expected that
you'd be able to partake in. And I'm very excited for not only this show,
but the show that carries on afterwards.
So I'm going to do this in the traditional fashion
and pass it on over to Donnie.
As I usually have been doing over the last 10 months,
Donnie has been doing these shows with me
since the day of the election, actually,
where we're looking at the prospect of how growth reacted going out of the election actually where we're looking at the prospect of how
growth reacted going out of the election and although that setup was
delayed all the way up until April we are about to experience a macro breakout
across all risk assets without any sort of singular narrative, as we've seen in the past.
If you take a look at BTC, ETH, or SOL, a lot of the breakouts that we've seen over
the last few years haven't really been without a huge narrative, right?
We saw the breakout to 70K because of the ETFs,
the breakout to 100K plus because of the dubious speculation
of the Trump administration.
And the recent breakouts that we've had on Bitcoin
were without the strategic Bitcoin reserve.
Same thing with Ethereum going back to all-time highs.
That was a breakout simply because there was a there was uh
two notional buyers to buy spot e there was no massive narrative as big as uh a a product
shilled directly um by blackrock as the btc one right aetherium grinded up slowly and
Really only if you knew that Tom Lee was buying it
I understand that a lot of us now, excuse me if I'm cooking a bit too long
I just have to get this off my off my mind, but
We had each go back to all-time highs with only two or three big notional buyers and
Not much of CT has has caught on it was barely into the algorithm, but you are seeing
the algorithm show more of a growth narrative for the broader crypto market, right? You're
starting to see sole treasury companies and all those things. We still haven't had a sole ETF or a meme ETF. And although we will,
it's just not as big as Trump becoming president. And when you start seeing price actually
increase step by step and slowly without these big narratives, it just paints a photo
that this market cycle will likely extend, especially when we take these narratives and they're just
used as confluence with the broader picture, which is monetary policy shifting from a hawkish
environment where the Fed isn't hiking rates, but they're cutting them, and they're not restricting, they're not restricting, um, U S U S, uh, U S liquidity
through quantitative tightening, but shifting more towards a neutral and dovish stance. So
one thing that, uh, that was talked about in market check when I was on in March or early
April, as we were, as we were about to have that final flush. I think Prometheus touched
on this, but if you pull up Global M2, you'll actually see that a lot of the uprise within
global liquidity were currencies out of the U.S. dollar. You want to see U.S. liquidity start to
ramp up aggressively. And I truly think we're about to go into an
environment where after the Fed, and this is with data as well, after the Fed stops from a regime
of going from quantitative tightening into more of a neutral stance, perhaps some dovishness,
some direct stimulus into the economy through GDP going to 6 to six to seven percent an expansion in u.s monetary supply u.s
money supply is going to be insane for those that that uh hold risk assets like crypto so
i hope that paints uh a nice playing field for all the speakers up here and for you guys just
to get a context of what it is we're going to be speaking about during this show so let's go on ahead and cook donnie what's going on bro how was your weekend looking
forward to this insane conversation of the playbook and brother just uh blessed to have you
on up here once again man and uh looking forward to uh what we're all going to be cooking up on today's show, man.
Yeah, it's good to be back, bro. Good to have you back as well. Yeah, we're getting super close to
the most crucial pivot point of the cycle. You touched on a lot of topics there. There's so much
to talk about as you were, you know, kind of speaking of it. I was, you know, racing with
thoughts in my head. And honestly, if I go through the whole playbook again,
it's just going to be a two-hour cook.
I'm just not prepared for all of that right now.
It's super confusing as well.
This is the thing with the cycle.
It's so macro-driven, but it's also a very big global shift
in the macro picture.
And it's so complicated to explain that you know a lot of new listeners and
stuff can really it can just go over their head so I'll just start with kind of the most simple
outlook right now with what we've got developing right now so I'll just share this and then if the
conversation spirals into you know more of the high level stuff then yeah sure we'll talk about
that as well but basically the local setup right now on B, we'll talk about that as well. But basically, the local setup
right now on BTC, we're still in that annoying bottoming range where you can't come to a conclusion
if the low is in or not yet, right? You're not above the key level and you haven't swept the
106.7 liquidity yet. So it's literally just a range trading environment. The market makers in this range will be molding the chart
in a specific way to finally drive it, ultimately higher in my view. I don't think you're going to
lose 106.7. I think there's way too much cumulative price action down in this range.
It's also at that very key pivotal point on the chart where if you do start breaking market
structure, let's say below 105K
with actual convincing closes below there,
then you're headed for a little bit
of a deeper correction, right?
But all of the data, forward-looking data,
what's happening in the macro side of things
is all pointing to higher, right?
All the other charts are pointing to higher.
BTC is kind of just lagging a little bit here.
And every other time we've had these sort of divergences
in price action,
specifically with BTC to stocks or gold or anything like that, or even a chart that I'd
shared previously, which was total two over coin. There was a big, I think a week of divergence in
price action where coin was just absolutely ripping. And total two, the chart just kept
stabbing lower and lower. And people were worried that we're decoupling to the downside.
And then shortly after that, we had ETH just teleport to 4K over the course of a few weeks or whatever.
And the rest of Total 2 caught up as well.
So we're having that divergence again,
where BTC is kind of like looking weak.
It's just been downtrending for like three, four weeks.
But we also know that it's kind of the most forward-looking chart
in the whole global picture when it's pricing and things.
And we've been pricing on this downside,
which has basically just been uncertainty around Fed policy.
And I think that uncertainty is about to go away.
Gold is definitely sniffing that out.
It's sniffing out the rate cuts.
It's sniffing out the expansionary side of things.
It's sniffing out a bearish dollar.
And that's all you basically need to know
to kind of have your conviction in Bitcoin right now,
as we do know with historical evidence and just logic
that BTC does follow gold
and eventually ends up outperforming it in a big way
where the BTC gold chart does tend to skew in Bitcoin's favor.
So I shared in the Nest, the local setup, of course,
if you just go to the gold chart,
it's literally just a blank gold chart on on the monthly uh time frame just look at that like that is a monthly bull flag
breakout very convincing one uh obviously this has 22 days to close but again i think this is
sniffing out the bearish dollar uh because it actually broke out before the dollar i thought
the dollar would actually lose the market structure of 97
and flip bearish again as it was looking like it could potentially bottom there. But now every little rally is just being sold off in the face of basically these rate cuts and the Fed choosing
the unemployment side over inflation basically. So gold, I mean, DXY still hasn't even broken
that market structure on the chart and gold is broken out.
So, it's kind of like gold is leading liquidity again as this happened from the April lows that we had where gold started massively rallying.
It was actually leading global liquidity on that breakout and obviously global liquidity shortly following after that.
So, something similar happening here.
So, it's basically kind of confirming to me that the dollar is about to
break down. And obviously, I thought that anyway, as soon as basically Jerome Powell speaks,
or as soon as they show their rate projections on the 16th, that the dollar is just going to nuke,
right? It's just adding to the inflationary setup. We know that they're issuing more debt on the
short end. That's also inflationary embarrass theish the dollar. And all of the other stuff we've discussed on every other space,
why the dollar likely heads into a pretty decent bear market here doesn't mean that it's going to
go down only for like five years. It just means that the COVID high that we had of 115 is likely
the high. And any high you put in after that on a high time frame is probably going to be a lower high.
Right.
I think in the short to medium term, probably this year, the dollar heads below.
Sorry, the dollar heads towards the low 90s.
And again, that's even more upwards pressure on gold because we know gold is kind of inversely correlated to it since it just basically makes up global financial conditions or at least a big pie of that right a weak dollar is kind of the big lever globally in liquidity conditions if the
dollar is going down other countries and their central banks can stimulate further so they don't
risk basically hyperinflating their currency on a strong dollar and yeah that's that's where we're
at right now gold is clearly breaking out. We clearly have
downwards pressure on the dollar, which is even more upwards pressure on gold. We know Bitcoin
follows gold and it's severely lagging right now. And yeah, you just have to be a little bit more
patient. The setup is basically just screaming that you want to stay long on BTC and crypto,
as gold is giving you the signal that risk assets are going to catch up and
go higher here, especially BTC. And the important thing with BTC, right, because you can kind of be
worried that it's a risk asset or something like that. And like gold is a safe haven.
But Bitcoin's true you case is eventually to become kind of like a multitude of both of those
and is sort of a safe haven in a breaking fiat system, basically.
It's the hardest asset that we've ever had, harder than gold.
It has a kept supply.
All those things that we know that make up the Bitcoin narrative and make it such a strong asset
that it's performing so well over time and now getting that institutional adoption,
but also getting the government side adoption on the US side,
along with BlackRock marketing this thing
to the whole world.
So it's clearly being adopted at a fast pace
and it is being marketed
as the hedge against this problem that we have,
which is just persistent monetary inflation
and debasement of currency.
So it's kind of like a win-win setup for BTC.
It benefits from a risk environment. It benefits from a risk environment,
it benefits from a safe haven environment, or will eventually pivot to that point.
Given the current macro landscape that we have, again, it's just you look at global bond markets,
they're all beaming, and nobody wants to hold that debt. Therefore, you're going to have to
step in with some sort of synthetic demand, i.e. a central bank printing money to essentially buy their own debt.
So it's just this endless flywheel of monetary inflation.
And that's kind of where we're headed.
So we're at a very pivotal point.
Clearly, these are super high prices for gold.
A lot of people were saying it was the cycle top for gold at $3,500.
it was the cycle top for gold at $3,500.
But yeah, just the macro environment
just supports monetary inflation hedges
like gold and Bitcoin going higher.
And I actually posted this exact thing
that I'm speaking about on May 28th
when gold started to show actually signs of accumulation
and just basically getting instantly bought up
anytime it was hitting that 3K level,
3.1 around there, just under 3.2, where then it started to look like, oh, wow, maybe gold isn't actually finished here.
And then obviously the macro side of things kept developing and it made it kind of obvious that gold likely goes higher.
So that's good for BTC because BTC has been following it off the low.
It's still yet, in my view, to price in the higher high that gold put in, which was at $3,500 high.
And we'll see how high that goes.
If you get above $114.9 for me,
you're going to start pricing that in pretty quickly.
And for me, I think you go straight to a new all-time high,
around $138 to $182.
And I think, obviously, the tailwind for that,
again, I think it's going to be the rate cuts. A
lot of people are getting bared up over the rate cuts, calling for cycle tops and things like that.
But it's a completely different environment with what's going on. And I won't get too deep into
that. But just the unemployment side of things is clearly being affected by AI. But then AI is also
driving massive efficiency, massive productivity. So it is keeping the economy
strong, and they're going to continue funding this thing. That's kind of the big, big macro
playbook that's going on with AI, which is why this period in time is so confusing for people
that are kind of looking at history as prior examples to the economy weakening and things
like that. So you kind of just have to fade that. They're basically cutting into potentially rising PMIs here.
We just had an ISM uptick from the last downtick we had
in August the 1st, where we're kind of pricing in,
oh, wow, the economy is weakening.
But if we do have a rising ISM, which again,
this thing has been below 50 for since March of 23. If we do have a
rising ISM with rate cuts, and this entire setup that we've got going on, that's about as bullish
as it gets for upside and risk, like full on risk, take as much risk as you can kind of thing.
And obviously, IWM is now looking super strong in the mix of all of this. It's really close to breaking the all-time high.
It is starting to perform the S&P.
We know rate cuts are also bullish for the IWM if it's not like a cataclysmic event where the economy is skidding out of control, which we just define that it's not.
So you just have to be a little bit more patient and let these charts play out.
And I think we end the year pretty strong.
All of this local noise and stuff.
And is BTC going to tag 106.7?
Is it going to go lower?
I don't think it really matters
because you're going to end up winning in the long run anyway.
What are you going to do?
Are you going to sell here and walk away?
I think that would be a massive, massive mistake.
Even if you have to endure a little bit of pain
before you get to the good side.
So yeah, just got to kind of block out all the noise and just be patient, a little bit of pain before you get to the good side so yeah just gotta kind of block out all
the noise and just be patient a little bit more patient and uh yeah i think it's if i if i had to
choose gun to my head i think btc would break 114.9 before their form c but it'll be somewhere
around that day anyway and like wabi said it's next week right not that much longer to wait so yeah i think the
setup is insane the playbook is unfolding and you just have to be a bit more patient because
in in the in the expansion side of everything i just discussed you also have bitcoin dominance
looking you know kind of macro heavy here on a high time frame uh that 66 percent high is kind
of looking like it's never going to get tapped again purely
because you have a lot of these other charts like ETH BTC, Sol BTC, others BTC even, which is all of
crypto excluding the top 10, pointing in the right direction, along with the confirmation from the IWM
that the market is eager to take more risk. So that doesn't mean BTC can't have periods of dominance spiking back up
as it takes liquidity to price in higher highs or something like that.
It just means that people are going to eventually be pivoting further out on the risk curve.
And BTC has had a massive run from 15K to, I think it's going well above 150,
to where people do start to take profit on that
and just rotate it into the other things in the sector.
But it does eventually pull back into Bitcoin.
And you can have these big push-pull sort of mechanisms
playing out on the BTC dominance chart,
kind of similarly to how we've had in 2017,
where you'd get, and obviously the market's much bigger now,
but just as reference, as context,
you had big drops in Bitcoin dominance. And then
you had like, you know, a month or two of Bitcoin dominance spiking back up again and holding strong
while BTC would put in another wave higher. You had that like two or three times in 2017. I think
you could experience the same thing this time. You know, you can have BTC go to 138, 182.
Dominance nukes pretty aggressively, But then that liquidity pulls back into Bitcoin
for a second wave higher.
And, you know, so on and so forth from there.
And we'll see how long kind of this cycle lasts
because there's very many ways to define
which cycle you're talking about,
how many years and what's ahead.
And yeah, and all that stuff.
Yeah, I won't get too deep into that.
But that's basically all I had for today.
Everything is in the right direction.
Just have to be a bit more patient and the, uh, the economy is not going to go into a
recession because of rate cuts, basically.
You know, and that's a really good way to start off the show, man.
Um, and if we just look at what's happened after fomc the september meeting
um usually right about a week and a half two weeks tops after that event we make such a higher high
that it shocks people it just shocks people and if this is truly going to be that event where quantitative tightening stops,
Basant is going to go crazy, bro.
He is going to go absolutely insane.
And guys, just look at what's happened to the stablecoin activity since August.
We've printed billions.
We've printed billions, which it's essentially direct
kiwi think about it like this anytime they print two billion dollars in stable coins
they're buying treasuries if they're buying treasuries that's that's essentially direct
yields into risk assets which is in the stock market. And if they're doing that, what does that mean? That means people that are profiting off of dividends, they have more money to essentially,
not dividend, I'm sorry, I think I have it all wrong. Treasury markets, they also help out
people within money markets, excuse me. Am I correct on that, Donnie? Do I have, am I like
telling it the right way here?
If I may, Wabi.
Yeah, go ahead.
I like to think of it as you're not buying U.S. treasuries or acquiring U.S. dollar not to participate in U.S. markets.
The whole reason to buy treasuries or to acquire U.S. dollars is to play in U.S. markets.
So that's the simplest explanation.
Okay.
Thank you for that, Matt.
Thank you, man.
So either way, it's direct stimulus for those that are in risk asset markets.
So, Donnie, what are your thoughts, bro, on like Basant just going ape mode in the back end?
Like he's very intentional about this economy like
like dude at this point i literally think that like besant is gonna fight at the uh 2026 um ufc
event which is gonna take place in front of the white house that is insane bro this is like
this is like a movie they're gonna have a ufc fight in front of the
white house yes dude yeah next year next year wait like actually basant is gonna fight no no
no i'm just saying like like go ahead go ahead go ahead prometheus no i mean they're just hosting
an event like right on the white house lawn i'm pretty sure yeah man that
would be hilarious if you got basant and elon musk oh man dude we still need to see the zuck elon
fight what's going on with that the mega capro's getting after it elon chickened out of that one
unfortunately but i really really wanted to see that one yeah elon would have got his ass whooped
really wanted to see that one yeah elon would have got his ass whooped zuck something happened
with zuck dude they like cloned him he became a bro dude he realized that becoming a little
soy boy wasn't fun so he became a bro so he could you know redo his image and now he's all the cooler
for it notice how nobody's like like clowning on him anymore anyways that's you know that's that's
that's whatever but yes that's why no but
but it makes sense it makes sense like zuckerberg's whole business his whole product is staying is
keeping cool with the youngs keeping cool with gen z and now the alpha kids you know if his if his
facebook or insta or reels or whatsapp you know uh you name it if it starts becoming uncool he's done
he's over you know he's he's the next abercrombie and finch or whatever he's a lizard anyways
he's a chameleon he's a chameleon he can change his shaping or he can change his colors
dude do you guys think that would have been sbf man like if
if if that dude was cooked man yeah he had too much tism
he was too touched by the tism you know like zuck zucks got a little aught to him but but uh
sbf i mean he was swimming in tism. We need Vitalik to follow suit, bro.
The moment Vitalik posts a gym selfie and he actually has some gains, that's going to be –
Is that tough?
That must be tough.
No, no, no, no.
I don't think so.
no no no i mean dude that would be pretty based though bro because like if you guys um look at
No, no, no.
Dude, that would be pretty base though, bro.
vitalik's dad um vitalik's dad was actually like a bitcoin og like he was super early on bitcoin
to the point where like i think he was like one of the first few one of the first like hundred
people that posted on uh on that bitcoin talk forum were Hal Finney used to be active, a.k.a. Satoshi.
And he's a pretty like large man, dude.
Like he is a large Russian.
But anyways, by the way, there is a sole treasury.
There is a sole treasury.
I forgot.
I forgot. I was looking it up while you were talking about it.
I was looking it up while you were talking about it.
There's a couple of companies that are vying for it.
And I actually just saw another deal on one of the discords that I follow.
They were saying that jump multi coin and galaxy are going to announce a
treasury company with almost 2 billion in cash for Solana.
So there you go.
And there's a,
I think there's three more actually.
I have a list here.
So is Kyle Samani going to be the Tom Lee of soul?
Maybe,
you know,
I have a funny story about him.
So we were actually know one of the LPs with multi coin and we,
you know,
we showed them agency way back and we i have emails with kyle samani
uh basically like with the pitch deck and whatnot and uh funny enough is like my dev
used like some bootleg ass email you know hosting thing and he sent the email once and we're like it
ended up sending like six times so he has like six different emails all at the same time like the same thing we just it was so embarrassing
so embarrassing it happens man it happens i think multi-coin was like one of solano's first
investors in 2018 that is absolutely correct yep yeah that's crazy real soul is almost 10 years old like proof of concept it's not
proof of concept i'm sorry pmf but like yeah yeah product market fit and their whole thing has
always been like i guess the optimization for attention like if there's a sector and markets
that has um any sort of clout any sort of trend solana is the quickest chain that tokenizes that and we saw
that with uh with gaming in 2023 with prime we saw that with memes later on that year and earlier
that year excuse me with bonk um we saw that with ai and now we're seeing it with rwas with cards
which i truly think that cards could honestly go to billions if they execute correctly.
And like NFTs were sort of, NFTs and Metaverse were sort of like the precursor to that because the trading card game market is billions and billions, if not tens of billions as a collective.
And it's sort of an echo bubble to NFTs if you really think about it.
Except it's a market where boomers are actually interested in partaking.
we just need like a dap or an application where it's so seamless that like you don't even know
that you are uh producing a crypto native platform right like i think coinbase can execute correctly
um i think like they're one of the few companies in the space that could actually push towards
crypto adoption to a point where they can build other apps where you don't even know you're supporting a crypto business. Right. And I think
we're going to get to a point where like the DAP narrative is going to be good. Right. Like cash
producing protocols. Right. Like imagine imagine this. Right. Imagine buying like a tokenized
asset where like you benefit off of like the amount of times people
use radium and jupe but without like the supply overhang that jupe has with their vcs and all that
stuff right i think that's like an issue but i don't want to touch too much into into fundamental
i'll pass it over to primitius primitius what's up bro not much brother i hope you had a good
weekend uh out there at the retreat, by the way.
Always nice to get away from the screens a little bit.
Just slam some leg day.
So nothing more nasty than a leg day burn, that's for sure.
Yeah, I mean, a lot's kind of been touched on already.
I want to kind of expand upon something I touched on Friday briefly
in the space that we had there.
Donnie touched on it a little bit. And it's something I've been saying a lot, but institutions
are, they're going to be launching all sorts of other products that have to do with names outside
of just kind of the big three, even the big five, right? Institutions are smart and they understand that their current,
you know, portfolio of investment vehicles is not suitable. It's not suitable for the younger
generation. It just simply isn't. And if they look at it in that manner, then that essentially
affects their bottom line, right? Because you're going to have one of the largest transfers of wealth occur over the
next decade and a half from the baby boomer generation to the younger generations. And
with the younger generations being as financially literate as we are, if not the most financially
literate generation ever in the existence of the United States of America. And they're realizing the currency is largely getting debased at a rate that is faster than what your ordinary income
can keep up with it, including your salary raises, your annual salary raises. They're trying to find
things like crypto, like a Bitcoin, like Ethereum. But not only that, they're trying to find things like crypto, right? Like a Bitcoin, like Ethereum.
But not only that, they're going to be speculating in altcoin space. And that is why these institutions
are going to be coming after or releasing investment vehicle products to essentially
save their bottom line. Because if they don don't then their real rate of return um is ultimately degrading over time right um you know it's very very important that they
monetize um and capture or not monetize but they capture as much um you know revenue from those
investment vehicles in in every single asset class across the world,
right? I love what we're seeing in altcoin space right now. I love the charts that we're seeing in altcoin space. You know, I touched on the fact that we're probably going to be seeing a Doge in
an XRP ETF and lo and behold, today, there's all the noise now that there's going to be a Doge ETF.
You best believe there's going to be an XRP ETF. They're probably going to release products that
have hype incorporated into them. I'm sure Keta will eventually be in one of those. The list kind
of goes on and on and on. I like that we're, you know, kind of opening up the framework too for
what this more risk on environment is going to entail. And I think a lot of people are going to be caught off
guard this cycle in regards to folks that are very much so tunnel visioned on what has worked
thus far, that being just invest in Bitcoin. I mentioned it to a few people that probably the
trade is really not necessarily in Bitcoin anymore. You know, Donnie had said that liquidity does
eventually flow back into Bitcoin,
and it most certainly does. But it's important to understand that when you have certain windows of
opportunity that open up, that you take advantage of them. Because if you were to look at, you know,
even ETH versus Bitcoin, right, for instance, versus, you know know if you take just a measured move from what we've seen when bitcoin went from i think like 106 to like uh 121 123 off the top of my head right that
was i think like a 17 move uh and eth nearly it essentially doubled right and so if we extrapolate
that right if bitcoin goes to let's's say, 130K from here,
which are my kind of, you know, higher timeframe targets, it just kind of depends on conditions,
ultimately. But if it goes to 130K here, and it's about another 17% move, then, you know,
sure, laws of regression, even with laws of regression, you could see ETH do easily another
70-80% from here. And that wouldn't be shocking,
right? The trade is outside of Bitcoin at this point in my eyes. I think there's going to be a
complete shift of the fundamental thesis and understanding and narrative of what crypto is
going to be doing. You're going to talk about, there's going to be lots of talk about integration
and adoption. Wabi, you'd mentioned onboarding people into dApps and current systems in which they use crypto they transact
in it and they'll have no idea they'll have literally no idea um I like the talks on kind
of the job market right now if you are somebody who is currently looking for a job I like good
luck to you I I genuinely mean that I wish you the best of luck. I know quite a few
people who are fresh out of college who literally cannot find a job to save their life. They've sent
out 700, 800 applications. You know, there's 200 applicants who every single one of them are
qualified for the position and they have to choose one of them. You know, you have literally departments of people getting fired, um, you know, and,
and it's not like majority of those people aren't doing their job, aren't doing a good job.
Uh, it's just that, right.
The efficiency aspect is kind of coming to fruition with AI, but that is important to
understand that you also, at the same time are very early to that efficiency piece
and finding ways in which you can monetize that efficiency, right? Finding ways to think of
business ideas, like how can you take advantage of that optimization? And how can you essentially
bring something to the market and you're early, like you're early.
If you come up, there's plenty of ideas that are not out there thus far that you could bring to
market. Um, and ultimately it's going to open up a whole new slew of, uh, jobs and sectors. Um,
and I think it's something that people are kind of like, they're viewing it as a,
you know, the blade has one side to it, but it's really a double-edged sword.
If you use it properly, you know, you can, you're, you're very, you're early.
Like you're, we're really, really, really early to this whole idea of crypto, to the
whole idea of AI optimization, um, integration, product market fits, everything along the
lines.
So that's kind of what i'm seeing in
the markets right now i love the setups we're seeing on these charts right now and with all
coins talk about compressions coming forming at market maker demand regions accumulation models
across the board total 2 es looking like it wants to break out on a massive cup and handle right now. I'm super bullish going into Q4. And I think that,
like Donnie had said, the market makers are going to probably be doing some shenanigans.
I'm eyeing probably some form of bottom occurring over the next week or two.
Definitely one to be buying. If you look at stablecoin dominance, for instance,
The chart looks unbelievably heavy.
the chart looks unbelievably heavy. If you throw it on the daily, I think we've had like
If you throw it on the daily, I think we've had like nine or 10 out of the last 11 or
12 daily candles reject from that overhang supply region.
So things are shaping up really, really nicely for a really beautiful Q4.
You have base alongside of Solana heating up, which in my opinion is bullish, bullish,
Solana heating up, which in my opinion is bullish, bullish, bullish. I know everybody wants to fight
bullish.
about what sectors on chain you should be focused on. But at the end of the day, if you have things
across the board heating up, that's the best thing for the ecosystem, right? Where you have
liquidity and wealth creation occurring in multiple different avenues and multiple different aspects, right?
So very bullish leading into Q4.
Just wanted to bring some points up to you guys today.
And these institutions are coming after it, guys.
I'm sticking my guns on that.
I'm not like, oh, they won't come after them.
They will.
They understand there's money to be made and they're going to make it.
That's a really real thing man hey man and shout out to prometheus for uh calling out kta on these
spaces at like 10 mil fdv or 15 mil fdv uh kta recently got listed on coinbase a few days ago
so if something that i noticed over the last like two years is like
when you start seeing coinbase listing fundamentals um that have already become blue chips on chain
they're going to start listing a ton of stuff um and when they start listing a ton of stuff
they eventually go way far out into the left into the risk curve and start listing memes and when they start listing a ton of stuff they eventually go way far out into the left
into the risk curve and start listing memes and when you start seeing coinbase starting to list
memes left and right that's a good indication of like froth is in full exuberance at least locally
bro dog in me was crazy that was a crazy list bro bro. Yeah. Yeah.
Or like when Brian Armstrong, I forgot to talk about this during one of our previous shows last week.
But like Brian Armstrong, he had actually tweeted out a CA that was like sub one mil.
I think it was like a content creator coin.
Those seem to be popping off, which I'm never going to do.
I think that's like horrific, to be honest.
And honestly, like that was crazy work.
He tweeted out Balaji smart contract and it like peaked out at like five or seven mil, like a direct shill.
It was crazy work, man.
I think that conversation was inverse broad
and someone asked like what someone asked like why would uh why would a head of an exchange show like a low cap token and then armstrong says um have you ever met balaji so i guess to be bullish on um
content creator tokens you have to meet them or something and i
guess that's the reason why people should buy some of these like tokens where the uh deployer
owns like 90 of the supply or something like that which we actually did see last week but i'm not
going to mention the ticker but if you're in the soul trenches if you're like on soul on chain you know exactly what ticker i'm talking about um and that's just not a market that
i feel like i have any edge and i don't really think anyone has any edge in that market unless
you're in like some insider info group chats or whatever but uh let's go ahead and get some
thoughts from afro afro what's going on, bro? What are your thoughts?
Hey, and shout out to Afro as well, man.
He called out Dolomite at like a penny.
Let me actually like check the chart, man.
It's down.
It's like at 15, maybe 19 cents, I think.
Hang on, hang on, hang on.
You called out Dolomite and you called it out in like June, bro.
It was like a three cents-ish. Yeah, you called out Dolomite, and you called it out in June, bro. It was like a three cents-ish.
Yeah, you called out Dolomite at like two to three cents, and I pulled off a liquid 10X.
This is a liquid 10X, something that has deep liquidity, which, I mean, bro, it's really difficult to like...
which, I mean, bro, it's really difficult to like, here's the thing, right?
Like it's a lot more difficult to move things with like heavier pockets of liquidity than not.
Because most on-chain people, like they'd rather get into low lick pools to catch higher Xs, if that makes sense.
So things tend to move a bit more slower when there's like a fat liquidity pool.
And a good example of that is like Ray, right?
When we called out Ray here on the show, it was at like 5 mil.
Then it ran up to like 220.
And that took a number of months.
That took months and months and months.
um compared to like a token that has less liquidity like a like a useless for example
it ran from like four mil to 400 mil um even though the lp wasn't like fat right um hopefully
i'm making sense here man hopefully i'm working with sense but go ahead afro i mean i mean there's a so like overall
like i'm fairly in line with with donnie and with prometheus um you know i think that we're probably
going to bottom out in the next two weeks i think tomorrow's some important i forgot it's like job
reports being revised or something or um something's coming out what the fed's going to talk
tomorrow and i think that's going to be fairly bearish,
but it's going to be like probably the last thing
to just flush out whoever is, you know,
maybe going long right now.
I could be wrong and it could just be a big nothing burger.
So at the end of the day, you know,
there's way more upside in being in ETH
or being in BTC than not being in it.
So I would definitely be, you know, prepping, prepping bags and, you know,
saying, trying to make the, trying to get in if I could.
I'm actually stacking a little bit of cash to hopefully maybe catch some of
this, this potential downside movement,
but it's only going to be for maybe a week or two tops.
And then like Donnie said, you know, I'm personally,
like my bear case is like 144K for BTC.
And my bull case is like 190, 195 range.
Like that's personally me.
And, you know, from there, you know,
ETH went above its all time high briefly.
And then it came right back down, which is totally normal for any token going into price discovery.
So I think ETH is just going to rip, and we're probably going to be – I think last cycle we hit like 0.08 ETH BTC.
I don't know if we reach 0.08, but I definitely think that we're definitely between the 0.05 to 0.06, 65, maybe BTC. So, you know, hopefully that comes out into, you know, what, like 7,200, maybe $8,000 ETH. And, you know, if ETH, you know, goes up, then to be realizing is, you know, with Trump in the presidency and he has World Liberty Fi, you know, they – oh, did you hear about this stuff with Justin Sun?
Yeah, with World Liberty Fi?
Yeah. Dude, I'm glad that token didn't, like, destroy this market.
market because if if majors were in price discovery and that happened man oh my goodness man that that
Yeah.
would have created a a trump 2.0 yeah kind of event and then you know i'm glad that like
that was the generational top of on chain and you probably won't have events like that um anymore
at least for some time i think like and we saw what things like bohm did and a
few of those other soul tickers like remember nero oh yeah core nero token fiasco last august
where it just like destroyed everyone's bags and people were poor for a few weeks it's just you
know it's liquidity sucking events and hopefully we don't have too many of those um but the one
thing that i do know just like based off of like Trump and just how he is, and I know a little bit of the World Liberty Fight team through some other social circles that I have.
And like they are not like, how do I put this?
The Trumps may be grifters, but they're not stupid.
Trumps may be grifters, but they're not stupid.
So they're going to max long this thing.
And anybody who's a beta to this, which one of them I'm telling everybody right now is Dolomite.
I'm not saying buy Dolomite right now at current valuations, but keep an eye on Dolomite because they are the premier lending partner for World Liberty Fi.
And when they come out with their dap on world liberty
five's dap you're basically just going to be using dolomite like if you guys don't understand
what that's going to do for like fees and everything that goes towards dolomite like that's
that's fucking bullish so you know i uh there's there's dolo to a dollar like i certainly hope
it gets there and i think that it potentially potentially could. But dolo to easily $0.50, $0.60 by this alt run that we're going to have,
that's personally, I farmed the hell out of dolomite.
So I still have all my bags for dolo.
I think I only sold maybe a smidge at $0.05 so I could pay to unlock the rest of my uh dolo my minerals
and i'm keeping that dude and that's gonna be just like icing on top for me personally i have a lot
of conviction with dolomite not only just because of the world liberty phi beta play but just
because the guys behind dolomite are extremely smart like i've
said his name like four or five times on here cory caplan that motherfucker is smart and like i like
his his whole approach to crypto in general and just mitigating smart contract risk i might be
eating my own words but like there's a reason dolomite hasn't gotten hacked yet dude and it's
because of it's because of him like that whole team is pretty stacked there's a lot of smart fellas and they're good
people too so uh i think they'll be riding this wave and trump's not going to let any of his own
stuff die down uh without being able to you know make a fat bag on it so um a rising tide you know
lifts all boats so it's gonna be a couple that with that with ETH going up, man, I'm excited for it.
I'm just, I'm getting impatient.
But you have to remember that in the times that you're impatient, don't make any moves.
Because right now, the market, what it does is moves money from impatient hands to patient hands.
But we'll get there.
We'll get there. We'll get there
It's just a matter of matter of time a little bit of luck
Let's glow dude I
Definitely am interested in like defy coming back man
And I think Seoul has yet to experience a DeFi season.
I think soul has yet to like experience a
I know around this time last year, I was playing some token called Rapper, which was just like an OM type.
Do you remember Rapper?
That was a great trade, man.
It went from like $5 to like $120 or something like that.
Yeah, it went to I think like $50 or $70 million market cap, something like that.
Could have been more, but it was it was you know i don't know the guy became kind of a personality and you already know when that happens it's kind of bearish for you know what i'm talking about
yeah those spaces were wild bro awesome those spaces were so wild man yeah dude i i just think that like dude i think project like spaces are like
bearish in my opinion well you already know what happens when you know you're doing a token you do
a spaces immediately when that spaces happens somebody dumps right like so it's it's just
kind of like what it is but uh at the end of the day uh rapper was fun dude uh i didn't make too
much on it but i didn't make i made a little bit yeah it was good man like one thing that people
vastly underestimate is the dormant liquidity on soul the reason why things on soul move so fast
sometimes is that you've got these billions and billions and billions of stable coins on Solana ready to go.
They are ready to go and they're active.
And the reason why you don't see it on ETH is because DeFi isn't really crazy yet, man.
Once you start seeing rates go down, you will see these exchanges and like Dapps start to borrow money to resurrect DeFi.
At least that's my take, right?
For like the rest of the year, I think DeFi is going to come back.
And small businesses that are within crypto are going to prop up their stuff.
I mean, that's what happened last cycle bro all these
l1s um they borrowed money at crazy rates basically zero and i think things are going to be absolutely
lit i just think like as donnie says we have to be patient and if you want to chart patience just
look at others btc unless that's in price discovery, there's really no use in calling top.
Like if you walk away from crypto for more than eight weeks, like you are going to come back with no edge.
Like just imagine leaving crypto earlier this year in February and then logging back in in April.
You probably thought, oh, no, this is a bear market.
Let me walk away.
I'll just come back in in April, you probably thought, oh, no, this is a bear market. Let me walk away. I'll just come back in the summer.
And you come back in the summer and solds back above 200.
East is at all time highs.
Bitcoin's at all time highs.
The stock market is back at all time highs.
Your biggest risk is walking away from the computer, at least for the next like three
years until the Trump administration officially ends.
What do you think, Donnie, man?
I think Donnie's away.
What do you think, Afro, about that?
So usually midterms, you know, flip something within the House.
You already know how American politics can be.
It's kind of the same thing all the time.
That's the only thing that I could see being potentially bearish in the midterm.
I mean, everyone already knows that crypto long-term is the way to go.
But when Trump exits, we'll kind of see whoever, hopefully it's maybe like J.D. Vance and his crypto bros that can continue the party next cycle.
But I don't know, man.
These midterms of – because we see a lot of people in these Discord groups, and someone inevitably talks about politics, and not everybody likes what Trump is doing or anything like that.
I mean, truth be told, he's been just great for our bags.
So for me, best president ever, that might be a little bit shallow,
but I mean, it is what it is.
I'm just trying to get to a place with my family.
You know, that administration and what it's done for the markets
has been like paramount to like where I want to be personally, you know?
So I got no qualms with, with how that's been on that side, but other people with other
opinions and, you know, it's not just, you know, me, myself and maybe Wabi, right?
So midterms are going to come around and we will know then.
I think by mid, by the time midterms come around, we'll probably be in the midst of the bear market, you know, and we'll just see what happens.
But I mean, for right now, I wouldn't even worry about it.
I would just, you know, you have two types of people.
You can either people are going to buy or people who aren't.
going to buy or people who aren't. And it's kind of funny that I bring that up actually, because
I've been talking to a buddy of mine and he's a veteran and he gets like almost six Gs every month
just for being, you know, quote unquote disabled. And I keep telling him, bro, just put half of that
into Bitcoin. And he's like, well, I don't know how to do it. And I'm like, I bro, just put half of that into Bitcoin.
And he's like, well, I don't know how to do it.
And I'm like, I'll show you.
He's like, well, it's going to go down.
I'm like, who cares?
Like, it's going to go up, dude.
And it just goes to show you that people still don't understand.
And those people who still don't understand are going to be the late comers into the into this you know into this market so there's still a ton of upside a ton of upside left because your average joe is
still like just not interested you can even google go to google trends and crypto as as a search
topic is like it spiked up maybe like last month and it's way the heck flat down again. So something is coming.
Something is coming after rate cuts and everyone's going to start looking all
this up again.
And they're going to be the ones who are late and they're the ones who are
going to get dumped on at the end of the day.
So sorry, not sorry, but that's, that's just, what's going to happen.
This happens every cycle.
So a new class is going to be born, you know,
in the next couple of months and we'll just, you know, in the next couple of months.
And we'll just, you know, keep on going.
Keep on keeping on.
Donnie, were you going to say something?
I saw you get off mute, man.
I was just trying to fix my mic.
I think I fixed it.
Oh, okay.
Okay.
We hear you loud and clear now.
Yeah, you're good now, man now man yeah i didn't have too much
sad there i was actually just typing away oh okay okay uh well guys i think i'm gonna wrap up here
uh tomorrow's tuesday you guys know on tuesdays we usually take a break um like during the during
the week for spaces usually you guys know that we do our shows Monday through Friday
with the exception of Tuesdays.
So I'm going to go ahead and wrap up here, guys.
I understand we have some macro events.
I think we have PPI coming in and CPI.
Let me actually check when we have CPI this week.
Give me one sec.
So when is CPI, man man i can't find it now
bobby i think uh you missed out matt he never got his chance to say his part
matt did you did you speak did you did you speak yet i think no no but it's all good uh
i was i was keen to hear a bit of Matt's book. If you want to talk about
what you're seeing out there, Matt, just a little bit
at least.
I'm with you,
Donnie. I think Gold has a date
with 5K. I tweeted out
Yeah.
That makes me bullish.
I'm in a long enough time frame
give me enough time
what are you thinking about a time frame
okay 4k by end of the year
5k 2026 you know
you know me I'm always
realistic
but I mean come on
it's calling bullshit on all of this
I completely agree with you
because all these rate cuts are going to do is make asset prices go way the hell up.
So like you're speaking my language.
Keep it going.
Yeah, I mean, it's just as simple.
I think everyone has realized that whether you're a fan or not of this administration, there's no appetite for budget cuts.
There's no appetite.
We're not cutting the deficit.
We're not starting a new era of fiscal responsibility.
We're trying to run this shit hot.
We want asset prices to go up
and we're going to do everything and anything
that we can to buoy the markets.
Maybe it's just good politics,
maybe because they want to get a big pop for midterms,
you know, insert the reasoning here.
But I think it's just obvious that
you just got to stay long
because Donnie put it better
that, you know, as goes gold,
so goes Bitcoin and broader markets.
And gold is just, it's done consolidating at 333 and at 3,300 or 3,500.
It's going higher.
And that money eventually moves farther out the risk curve.
So this is not a small move. Gold is a, what, $24 trillion asset market cap? That's
massive. You can fit the whole MAG7 and a big chunk of the S&P 500 in that. That is such a huge
market cap, and it is only going up. So just imagine what that does when everything else starts catching up
so yeah i've been i've been beating the dead horse i think bitcoin has 150k by christmas day
i love the ring to it and it makes sense to me um you know 6900 s&p 500 you know all the all the
rest but uh i saw nothing over the summer that's got me going bearish.
I think everyone's only arguing about how big the rate cuts are going to be.
And don't mid-curve it.
That's helpful for asset prices.
That's helpful for the market.
But I think we're going to have 25-25-25 is what I last saw on FedWatch,
which is going to be nice.
I mean, that's a hell of a fall
yeah good times ahead
the product
the market cap
that's going to be
the thesis for altcoins after cuts, man.
Yeah, speaking of soul on chain, bro, the setup on soul BTC, man.
Study that.
Oh, dude.
Oh, dude.
How is anyone calling for CycleTop in five weeks with others VTC barely getting its foot in the door?
It's insane.
It's insane.
They're mid-curving it.
They're like, well, because the 2021 fractal and if I paste it on top of Bitcoin.
Matt, Matt.
But they were doing the same thing with 2017.
Remember, they kept pasting 2017 on top of 2021.
And I'm like, look, guys, 400K Bitcoin is just next month or something.
Yeah.
I mean, you know what's crazy?
You know what's crazy?
And Matt, I know me and you met on CT during this time.
But everyone and their mama in late 2021 was screaming for an extended cycle.
Everybody.
Every single person.
And they were all saying, including myself, including myself.
I was saying this at the time.
And I took the L, right?
It is what it is
but but but why but but i think it's important why it's because real world events uh took the punch bowl away took the took shut the party down you know real world events uh when the fed came
out and said like hey turn the lights on party, party's over. In fact, several of our
Fed board members even sold their stock portfolios. Oopsie, but we're going to make money too on this
shit. I love TA. I love looking at historical fractals and comparing different time frames
and stuff but
like that's why we pay attention every week and every month because these real world events can
flip this market on a dime it can send us even higher than we thought and it can put a damper
in the bull market real man real and the setup we have here is honestly like setting up for mania. If not Q4, then most definitely Q1 of next year,
where hopefully Q1 seasonality comes back
and those Wall Street bonuses get factored into the market.
But apologies, Matt.
I thought you had spoken earlier in the space.
So forgive me for that, man.
I'm truly sorry about that man
it's fine i was just enjoying the session it was all good yeah it was a great session man i think
cpi is on thursday guys um so we'll keep that for the weekly wrap-up actually for Friday's show. But I want to thank you, Matt, for coming on, Afro,
and also Donnie, and also Prometheus for coming up to talk shop with me.
And truth be told, guys, like these spaces will probably be a bit longer
going into November, potentially second half of October.
When the Fed meets again in october i
think that's when um you'll probably see kathy woodstock which is arc probably trade at like 100
um i really think that's gonna happen they're still at range highs and if you look at others btc
And if you look at others, BTC and ARK, it's almost the same setup locally, except ARK is like sort of lagging behind just a tiny, tiny, tiny, tiny bit.
And I think that's just because like equities are probably going to underperform crypto going into Q4.
But that's all we got for you guys today
thank you all to all the speakers shout out to all of you that participated on today's show
in case you guys are new here we do go live give me one second guys hold on
sorry guys i had to answer a text pretty quick but um if you guys enjoyed the show and you want
to keep up with what we do here we do go live here throughout the week usual start time is between
4 30 to 4 45 p.m est show goes on for about an hour hour and a half sometimes two hours
depending on the day and we talk all things markets? That's why the show is called Market Talk. We talk Bitcoin, crypto, on-chain, equities, macro, all that stuff. And the spaces are recorded. So in case you guys want to tune in to previous shows or show that you've been in and out of like today and you want to listen to the full thing, spaces are recorded.
Spaces are recorded.
And if you guys are looking to join an Inner Circle Alpha Group community, we have that.
Links is in our bio.
And also feel free to check out BB Terminal, which is our own trading terminal produced in-house by the Because Bitcoin team.
We've been working on it for just over a year now with some exciting new updates like on-chain trading execution along with a mobile app.
chain trading execution along with a mobile app so if you guys uh use bots like axiom and photon
you'll be able to use your bots through a nice clean interface with the speed of hyper liquid
so that is going to be uh an insane product as it releases probably in q1 of next year so if you
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You guys can go ahead and give us a message. Same thing with the Alpha group. Donnie also has his
group as well. And if you guys have any questions, we're only a DM away. So thank you all so much.
God bless you all. Thank you to my Lord and Savior, Jesus Christ, for allowing me another
day of health to talk markets with you all and please don't
forget to not only follow the because bitcoin account and turn on bell notice so you can know
what it is that we go live but also just as important follow everybody up here on the panel
that participated in speaking today so take care everyone have a good rest of your Monday or Tuesday. And we'll see you all on the next one.
Take care, guys. Peace out.
Good I'm ready to show you the moon and Thank you, bro. Thank you. I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense.
I'm going to be the last one of the defense. I'm going to be the last one of the defense. I'm going to be the last one of the defense. I'm going to be the last one of the defense. I'm going to be the last one of the defense. I'm going to be the last one of the defense. I'm going to be the last one of the defense. I'm going to be the last one of the defense. I'm going to be the last one of the defense. I'm going to be the last one of the defense. I'm going to be the last one of the defense. I'm going to be the last one of the defense. I'm going to be the last one of the Hey the
on my life they said that i was strange
but i knew that i could be the change I still end up with love
Not even close
Jump into the night
I can't stop
It's our jump
I just jump
I can't stop
I can't stop
I can't stop thank you
