Bitcoin ALERT: Trump's 500% TARIFF SHOCK!? (AI Crypto Boom Season?)

Kelly Kellam (0:00)

Welcome back, Discover Crypto. We have an incredible show lined up today. We've got some major developments coming out of Trump's mouth, talking about a potential 500% tariff. And will that shock the market? What will it mean for Bitcoin and crypto? And how does it actually pertain to the markets in general? Beyond that, we've got other major things brewing coming up tomorrow regarding the Supreme Court, going along with the tariff discussion. But remember, we want to talk about Bitcoin, we want to talk about crypto, all these altcoins that we're having. And can we make some money? We've got to talk about these other major global financial impacts and how they are affecting what's going on in the risk model. Because on the one hand, we have an overwhelming set up for like an absolutely monster god candle blast off. But at the same time, there are some significant reasons for caution. We've got those charts we're going to be breaking down here for you in just a moment. Also, the AI sector in crypto feels like it's already starting a bit of a boom. Is this just a little bit of a mini fake out to the upside, or are we about to go into another AI mini alt season blast off because we're seeing some major gainers in that regard as well? Everybody hit that like button, hit that subscribe button, ding the bell. And we got the man surrounded by the green strapped on the shoulder, making sure that he can do self-defense in any way that he thinks is probable. So hey, how are you doing, my friend?

Drew (1:19)

I'm feeling good, man. I'm feeling good. I just noticed in Tubit added silver, so I can create my own bull market, shorting and longing silver now on Tubit, which I'm kind of excited about. Some of the fog of holiday war is passed now, so I've left the charts alone in terms of leverage for a few weeks, but I'm taking my tether. I'm going back into the line of fire here. Last year was super fun trading. So I'm ready to... I feel real refreshed. I feel like the market's refreshed too. Kind of interesting to see some of the AI tokens you were mentioning when I came to you this morning are actually doing pretty good in light of all the crazy news that's been going on. That's pretty impressive, honestly. So I'm feeling good, man. I'm feeling good. I'm excited to look at the rest of the market and kind of snoop through trades as we go through the show here today.

Kelly Kellam (2:14)

Absolutely. You know, I'd love to just ask everybody, because this is a little bit of a tangent. But who is tired of this? Pull this screen up right here. Who's tired of this? And this is nearly everybody on any social media platform. Now, from being one type of expert to three days later, all of a sudden, you're another type of expert. It doesn't even need to be these two things. It could be anything that's going on in the political sphere and the financial sphere, the TA charts, what's going to pump, what's going to dump. Everybody seems to be an expert after 13 seconds after something happens. The next day, they're an expert on something else. So I'm a little bit cooked on that. But we got to look at the markets, guys, because we are seeing some really interesting setups right now. One thing that is being absolutely not moving at all is Bitcoin and Ethereum. They get these little fake little pump ups, these little small little breakdowns. It stokes the fear back to the downside. In fact, we're seeing that continued, continued and persistent fear that is here. I mean, this is the most extended we've seen in this entire bull market structure. And yes, we are still in a bull market. Why is that? We have higher lows, higher lows, higher lows, all the way up. We still have a higher load. Now, the biggest caution we're going to have, and to Crank's point yesterday, there are reasons to look bearishly, because when you're looking at the price action as it stands right now, we even, looking at this fear and greed, the price action, we still need to wait for the price action to come up and not establish a lower high that then breaks down, because that would mean that we have started a real midterm into midterm macro bear trend, which could mean that we're coming down into these mid-60s, 70s regions. But I'm feeling less and less inclined to believe that, and that's partially because when we're looking at Bitcoin, we are right in this context, right here, where we're kind of floating around this major support level, that is a support level that turned into resistance, that we're back above, but we haven't really done anything. Look, we had a little move up right into the range of these highs, but if you zoom in and you get down to the 30-minute time frame on the near term, there's some reasoning why we got this pump here. What is that reason? Look at this beautiful bull divergence that we've had established here since all the way back here on January the 6th. Seems like January the 6th is a big day for so many different reasons, but the RSI quite low. We've kind of gotten these higher lows on the RSI coming all the way into here. And the key difference here, though, isn't the fact that the RSI has popped up. We have the RSI back above the 50 line, and we also have the money flow turning positive here. So all eyes are going to be on how the price action in this area either forms something like an inverse head and shoulders or actually comes down and continues lower. If you're just looking at this right now, just at a glance, Drew, what's your feeling about the likelihood of what's happening and what will change that potentially even tomorrow?