Bitcoin Vs. SpaceX (Watch Before Tomorrow)

**Wade** (0:01)
This is Discover Crypto, and today we're going to be talking about Elon's effect on Bitcoin, more specifically the SpaceX IPO. Is this going to suck all the capital out of all the equity markets, including Bitcoins? Is that why we're going to be looking at some red candles in the near term? I'm joined here by Drew. Hey, Drew, you've been talking about basketball, but you missed the Knicks game last night.

**Drew** (0:20)
Yeah, I missed the Knicks game. Well, I was most interested in the- I wanted the nuggets to make it, man. So, you know, I kind of lose interest when, you know, the nuggets get kicked out.

**Wade** (0:29)
We'll call this post from WallStreetBets. Bro, if the Knicks could come back like that, so can Crypto. Smash the like button if you agree with WallStreetBets here. Can Crypto come back like the Knicks? I think it can. It was the all-time largest deficit that was erased in NBA's finals history.

**Drew** (0:44)
That's pretty impressive. That is pretty impressive. Yeah, I know a lot of people are out there betting on it and it looked pretty exciting. Larry David is trending now again. So, you know, I'm a fan of basketball.

**Wade** (0:55)
He looks so angry that first half.
Yeah, by the third, you know, middle of the third quarter. You're going to see a little smile on that George Costanza origin. All right, let's look at the crypto markets here, everybody. Bitcoin, a little bit of a pump. We just hit refresh here. It's at 1.6%. ETHO is flat. BNB up a little bit as well. XRP actually down. Dogecoin also up a little bit. Hyperliquid, a little bit of a pullback. And I want to say I saw a little bit of a pump on Cardano. Drew, I do have a quick story. I made an accidental $75 today.

**Drew** (1:25)
Excellent, Wade. You stumbled into mine.

**Wade** (1:27)
I accidentally made some money. Folks, if you recall, we did a little bit of a trade yesterday. We closed 75%.
Not a big trade. It was just $1,000. I closed 75% and left $250 on there. I meant to close it right after the stream. I accidentally left the Cardano long open. It came making some money, and I made a little steak dinner there, Drew.

**Drew** (1:46)
Are you going to let it ride during the show or are you de-risking from the Trump crash out?

**Wade** (1:51)
What should I do, Chad? Should I close or keep the Cardano long open? Type in close, type in open, everybody here will look. Now let's look at the big gainers, big losers here. We have that beat token up a 62% just reminding us crime season still alive and well when it comes to the crypto markets here. Lab up as well. We have Knight. Knight is up almost 10% here. Older tokens here, Monero and Atom, both of those tokens are up over 7%.
And we, oh my God. Drew, when was the last time you seen ETH Classic be one of the major movers?

**Drew** (2:21)
Been a while. You should be afraid. Sky is making a little move, though. And I think people are noticing Sky.
A couple people think you gotta close it. Risk takers want to leave it open. Maybe we have to put a poll on this, too. We got a couple of polls we gotta do today.

**Wade** (2:34)
Open with no stop loss. It seems like more people want me to keep it open versus people want to make me close. And yeah, that was a terrible, terrible display by San Antonio. I don't know if I've ever seen a team choke that badly.

**Drew** (2:48)
Really?

**Wade** (2:48)
It was, I mean, there's just a period they could not make one single shot. Now let's look at the big losers. Speaking of the spurs, let's look at the big losers in the crypto market today, everybody. We have Near Protocol down 5.7%.
That is the biggest dumper right here. I actually have a Near chart pulled up. I might have to hit refresh. Oh, here we go. So we laid out just a little bit of a level for you guys to watch. Looks really, really good on the three day or the one day here. You can see this is where it started the pivot. We bounced off it there. We bounced off it here, then turned into support, and we just recently bounced off of this right here. Now you can see potentially coming back down for the retest, Drew. But can I say I see something positive in this chart, Drew, without sounding like a crypto permable?