🚨Crypto History Is Repeating... (The Altcoin Playbook You NEED)

**Drew** (0:00)
Oh, yeah, all right, we're live. Welcome to Discover Crypto. It's a beautiful Thursday morning. The markets are pumping. That jobs data actually makes markets a little bit more bullish on Bitcoin. But honestly, I am so excited to bring you the information because what's happening on the Bitcoin chart, this has only happened once every single bear market. One time, every single bear market, this same signal has flashed. It's going off right now. I'm going to show you exactly what I mean by that.
And the plan, the attack plan, the crypto strike plan is being put in place right now. We're rolling out some major, major announcements for our community. And if you want to be a founding member of what we're about to roll out, make sure to pay attention during this episode. I'm going to give you the email to send your information to, and we're going to roll this out. I'm joined by an illustrious compadre, Mr. Kelly Kellum. How are you doing, Kelly?

**Kelly Kellum** (0:59)
Is it Kelly or is it Satoshi himself?

**Drew** (1:03)
I was driving, you know, after I saw these metrics on Bitcoin, Kelly, I need the bullish rush that Kelly Kellum provides because we're in the season again, man. But first of all, you're out there in Vegas. You've been locked in this bat cave, building all these AI systems.
How are you doing, man? It's been a while since we've really been able to sit down and have you on the show. What's up?

**Kelly Kellum** (1:26)
They say when the market's boring or if you're getting frustrated by it, it's an opportunity to build, right? And sometimes that's building patience. Sometimes it's building AI tools. I mean, how could you not be building AI tools right now in the face of everything that's developed? And I'm super excited to be sharing a lot of the tools that we've built to make it a lot easier to digest the information, to make it a lot easier to identify trades, to make it a lot easier to identify assets that are kind of peeking out, so you're not always having to go and sift through thousands of lines of code or thousands of different YouTube videos to try to find the right one that lands with you. But most importantly, I think, you know, that you just said something, and we're gonna pull it up on the chart here in a moment. But the fact that we got a pretty big signal right now, which is unequivocally bullish, however, I still see, you're gonna be shocked to hear this because I didn't even talk to you about this. I still see a pretty strong possibility for a little bit of a final washout, but we'll see if that plays out.
On the flip side of that, I think you would be silly not to, if you haven't been comfortable stacking yet, you've been waiting for now, even if we get the drop, now is that time where you get a six to eight week schedule and you just buy every Monday or every Wednesday, or screw it, every day. But the conviction here is, are you buying and selling because you're trading, or are you looking for an entry? Right now, for the entry players, I think the DCA play is, we're in the ultimate zone.

**Drew** (3:06)
Absolutely, man. Absolutely. You know what? The season of buying is the most exciting for me, and obviously I have some pretty interesting news that's breaking out this morning in regards to jobs reports. And then I will dig into exactly what technical signals I'm seeing flashing right now that got me so dang perked up. Well, everyone seems so depressed. I'm feeling great. So live market look from CoinDesk here. Bitcoin rises above $61,000 as the US jobs data for June disappoints. What does it mean? Now, Matt Mayna, actual friend of the show. I am shocked to see Matt Mayna is being highlighted here. Matt is actually a fellow that I know very, very well. So I'm going to be reaching out to him here. But Senior Crypto Research Strategist at 21 shares said Thursday, weaker than expected US jobs report strengthens the case for Bitcoin as easing labor market conditions reduce the pressure on the Federal Reserve to raise their interest rates. Bitcoin, often viewed as this market-purest barometer for risk and liquidity, priced in the jobs data ahead of the release. He says, noting that crypto asset rebounded after briefly touching the cycles low near $57,000. That's what happened over the last few days, and the resurgence was very, very sharp, signaling something very key.
He added that Bitcoin is well-positioned for constructive second half of the year and the combination of improving technical, supportive July seasonality and stronger on-chain fundamentals puts $100,000 Bitcoin increasingly within reach by the year and if this trend persists. Now, the jobs data, kind of a mixed bag, and some revisions actually happened. Shocking, I'm sure. But the US just added 57,000 jobs in June. Missing forecast. The US added those jobs for last month. And according to the non-form payroll report, the economist forecast had been actually $110,000 as May's gain was $129,000, but it was revised down from the originally reported 172 The unemployment rate did dip to 4.2% against forecasts that it would remain flat at 4.3, and that decline occurred alongside a sizable drop in the labor force participation rate, 61.5 to 61.8. Now, the other key thing here is the South Korea KOSPI, and those tech stocks are continuing to slide, and it's not really affecting Bitcoin too much. Thursday, after Samsung and SK Hynex, who are being looked at for a large investigation, combined a $290 billion in market value the second time this month, the index has blown up on AI chip worries. Bitcoin clawed above 61K anyways, about 4% on the day, and Meta has flagged plans to sell compute power outside to customers, which raised obvious questions about whether the AI infrastructure buildout has overshot demand, the same doubt that hit the sector a few weeks ago. So very, very interesting information. Now, Kelly, a major thing that I'm seeing here is the price to produce Bitcoin and the minor capitulation that we were all waiting for.