**Drew** (0:00)
Good morning, world. Good morning, Vietnam. We have some problems on the war front, folks. Some major, major escalations in Moscow, Venezuela, across the board, and some massive warnings for here in America. And Bitcoin is dumping right after Jerome Powell got done speaking yesterday for some key reasons that we're gonna go over on the show today. But I'm feeling good, I'm feeling good. Good morning, Veteran Crypto, Linwood Jones, Bill Carlson. Smash the like, shake and bake, all the people, HODL Crypto, Nick Dunn, all the people. I love you guys. Let's get after here. We are live across platforms. We are live all over the damn place on PumpFun, on the arena. So let's get after it and make sure that we're live here. And yes, PumpFun, I'm real. They can't believe in a single damn thing. Like God forbid AI come and just confuse the PumpFunners even more, but let's get into it. Make sure to follow me here on X at Druth Cryptos. We can find, and you know, yesterday's show was absolutely crazy. I was oranger than Donald Trump with the lighting. I had a sort of power surge. The lighting like got super bright and then turned orange. So I was even oranger than Trump there for a while there.
Spare change. Jesus, with me.
**SPEAKER_2** (1:25)
Good morning.
**Drew** (1:26)
Looking for some spare change. Smash the like button. Let's get after it. So there is no shaking me out of this market. Folks, I will always be here covering this chaos. I've been here for a long damn time. But that being said, let's go look at the pain. So coin market cap. We're at $3 trillion market cap right now. Overall, fear and greed index is ticking back down. It's now at $29 and there's pain 3% down on Bitcoin, 3.9 on Ethereum. And the scam of NYX is moving back on up again.
**SPEAKER_3** (2:00)
Holy shit.
**Drew** (2:02)
What is this thing up to? Yeah, I know my tether is looking itchy right now. My tether is looking. I got an itchy tether trigger trigger finger right now. Is NYX the ultimate scam that I was trading for a bit there?
Are they going to try to run this thing back up again? That is absolutely crazy. What a flip of Frank. Linwood Jones. What's up, dude? What's up? Now, if you want to support the channel, trade with me, buy spot on Tubit, and then put that spot on to an Arculus cold storage device. We've got a link down in the description. Let's check out Bitcoin right now. I left this line that I want to see show as support here. Let's back up a little bit because we just broke under this bad boy.
**SPEAKER_3** (2:46)
Oh, boy.
**Drew** (2:47)
No quant signals from yesterday either. And I left yesterday alone. I'm glad I did. I was just absolute ridiculousness. Now we are in the guts of this formation here. There's a lot of fear if we, oh, Lord, if we go down to 85K, it's all over with. Is it really all over if you fall down to 85K Bitcoin? Is it really all over? I doubt it. I doubt it. The green zone here is the Back the Truck Up moment. 68, $70,000. We remain based. If I am so lucky enough, privileged, to purchase Bitcoin for this cheap, previous all-time high level, you're damn well right. I'm gonna be doing that. Now let's check out liquidity real quick. What does Winamute wanna do with our bodies? Right below us here, we got a liquidity washout at 89.1. So stay focused on that. I mean, if we do go down to that level, as I go through the stories, guys, give me a shout, cause I'll fire off a couple of trades here. With stops, obviously. But you know what? If we can sweep this 89, 89 flat zone, I'll put my stop at like 88.5 and let it rip there. I am farming points on Vdex as well. And let's see here. I'm not a great white shark yet. Not a great white yet. Still working on it. Still working on it, but I'm moving on up. I'm moving on up in the rankings here. It's gonna be great to see this Vdex platform actually go live. I like to centralize exchanges. Now, we gotta talk about the fear out there. We gotta talk about the fear. And there's a reason for the fear. And I get it. I'm just talking to my man, Manowak. He hasn't been looking at the charts in months. He's like, what the hell is going on? I was like, dude, it's been absolute brutal. And like, you know, I felt like an idiot selling as much as I did in 24 in like March. And even had to take a good chunk off of the off the table in December too. And both of those times felt like I was just a total fool, but a lot calmer now that I've shifted gears into trading bigger bags of tether, made moves and everything's reset. Things kind of look a little bit juicy right now. I did buy some Pengu. St. Louis bringing up Pengu. I bought Pengu. You know, I bought Pengu. So let's go to the oversold levels of Bitcoin. And then the reasons why Bitcoin's dumping beyond all the other pain that's out there, but we are hitting extreme oversold levels. And you know, Quintin's feel like this is an extreme opportunity. I want to say that it's an extreme opportunity. And the reason why I've standing on this business of the opportunity we're blessed with right now is because this double green dot still stands. Even with all of the zoomed in, oh my god, it's going down, the double green dot still stands. Shout out to Cryptos Face and Market Cipher for this delicious indicator, Market Cipher. But as I said yesterday, the last time we had a double green dot, it was July of 2022 We were at the bottom for Bitcoin, just about there. We were $19,000 Bitcoin when we had a double green dot print. And this is a much cleaner weekly momentum ebb and flow. This is a much, much cleaner momentum ebb and flow. So for those listening to me on Spotify, what I'm looking at is the regulating nature that these washouts seem to be painting a picture of over the last three years, where institutional washouts down to previous highs or major volume points have been pretty much normalized in comparison to markets before us. We're sitting on one of my favorite indicators right now, which is a green dot on the weekly, but it's even that much better because it's a double green dot. So I'm standing on my business. I'm feeling good about where things are. But you know what? People that just got in the market, they're not feeling so great. Short-term holders are the ones that are in insane levels. You know, but honestly, they're down by 10%. Like this is the thing Wall Street wants to come play in crypto, then they want to complain and say that it's over with. When we have a 10, 20% dip, like you're not cut out for Bitcoin or especially not alt coins, right? There is no way you're going to be holding alt coins to real highs. If you're getting shooken out by 20, 30% dips, absolutely no way.
48 more minutes of transcript below
Try it now — copy, paste, done:
curl -H "x-api-key: pt_demo" \
https://spoken.md/transcripts/1000740877879
Works with Claude, ChatGPT, Cursor, and any agent that makes HTTP calls.
Get the full transcriptFrom $0.10 per transcript. No subscription. Credits never expire.
Using your own key:
curl -H "x-api-key: YOUR_KEY" \
https://spoken.md/transcripts/1000740877879