Bitcoin & Altcoins Explode Higher (Bear Market Over?)

SPEAKER_1 (0:00)

The raging bull market is taking hold. We have a sea of green we're waking up to this morning. Feeling very fantastic about our predictions over the last four to five months. Honestly, it's been a while that we've been calling for a moment, just like what happened over the weekend.

And we have some of the worst news we could have expected on the macroeconomic happening over the weekend that didn't even cause any sort of blink to the Bitcoin or crypto price action, really. TJ, I'm feeling incredible. I'm feeling like dancing. How are you doing this morning?

TJ (0:32)

I'm feeling great, man. If you guys are watching, if you love money, smash that like button, because not only are we already making a lot of money, but there's a lot more to come in the future. So yeah, super bullish everything. It feels almost surreal. Everything we're calling is just hitting to the T.

All of the latest trades are hitting. All the calls are hitting. Everything is just up into, oh, look at that. Just going up into the right as we speak. So yeah, I feel like we've called this market extremely well, and people in school are absolutely crushing it, making tons of money. People in the chat here, obviously, doing really well. And I think, again, we're just getting started. It's almost going too well, right? Like we were joking around like last week, and the last week, like, man, like everything keeps hitting so consistently. Our DeFi stuff is crushing it. I mean, the overall portfolio is just unbelievably successful at this point. And after going through a bear market for so long, you're almost waiting for like a pullback or some other shoe to drop. But I think we're really, I mean, the party is just getting going from what I can see, and there's going to be a lot more upside in it. And I think, I've been saying this the whole time, I think people will really be shocked. You know, the max pain was to the upside. I think people that have had low expectations are going to be blown away. Alts are going to blow people away. Bitcoin is going to blow people away. We're way ahead of schedule. Four-year cycle is pretty much broken at this point, a broken model, which is great for a short bear market. It's going to be interesting if we're hitting some new highs in 27 and, you know, early 28 instead of 29 So calling the top might get tricky in this next cycle, but we got a long ways to go before then.

Got Basant out there cranking up the liquidity from the treasury. All that's going to, we're going to talk about that a little bit later into the show, but yeah, look at that. Look at that candle. That is a beautiful, beautiful start to the day.

SPEAKER_1 (2:34)

These are one hour candles. I mean, and over the weekend, we've risen from the top end of this channel. We were kind of bouncing around it. And just a quick remind, this is where the Bart Simpson, local Bart Simpson, just on the one hour timeframe was, but the larger Bart Simpson, everyone was looking for, is just completely crushed. And Bitcoin, on the daily time frame, screaming to the upside. A lot of the big indicators people are using. And it's a good one, is the 50 SMA on the weekly time frame.

TJ (3:03)

That's the one I like to use, yeah, the 50 week.

SPEAKER_1 (3:06)

Very strong one. And now on the weekly time frame, this is the fun part, TJ, and this is the scary part, too.

We're not even in the green on Money Flow yet. We're not even in the green on Money Flow. And we got a higher low on the Money Flow from the recent bounce, right? Because this Money Flow is trying to angle to the downside at the end of last week. We went into the weekend, and I was just watching this Money Flow to see if it breached below this negative nine mark, and it actually held up negative seven, setting up higher lows on the Money Flow as well on the weekly time frame. And this is where things are about to get silly. I feel like things are about to get real silly. And like you said, it's going to be hard to know where the top is, but some of the videos I was doing over the last week were comparing Bitcoin to gold, right? And Bitcoin to gold is a very, very interesting metric. We covered the massive amount of shorts that were sitting around the table against Bitcoin and the iBit ETF Trust. Now where Bitcoin and gold's relationship could go from here could get real nasty because gold, as it sits right now, is it's kind of looking like it might be ready to replay what happened in 1980, 1981 after the stagflationary pump. What happened was you set a lower high and then walk back down at least to this bull flag pattern, talking about a quick move to $150,000 Bitcoin. If 20, 25% of these gold positions get rolled into Bitcoin, the digital gold, the new version. And we've done some hardcore technical analysis. And one of the best chart patterns that's played out recently is this one, a quick bump and run off the hairline. You hit the breakout and you're off to the new races. Now, obviously, I'm feeling a little frisky. I'm getting tagged a lot this morning about months ago. You remember, I remember when I made the video, just flat out, Benjamin Cowan was wrong. A lot of people were dancing on my preemptive grave. Oh, you're calling one of the best TA people out there wrong. You're going to end up paying the price for this one. Well, who's laughing now? Now, the crypto market as a whole is rising. We have some big winners and big, big movers here this morning. We have Sui up 24%.