Bitcoin and Markets Rally After Fed Hike - WTF? Transcript, AI Summary & Key Points

00:03 Welcome back. Excuse me, that was bad. Welcome back to Cryptos are Us. I am George. We're all George. Welcome to another market open stream. I don't know why I keep losing my voice. I apologize. But today is the day after that big FOMC meeting, that Fed hike. And you know what? Bitcoin and markets are rallying. So what is going on WTF? Let's talk about what was discussed yesterday and why markets are ignoring the rate hike.

00:43 All right, let's do it guys. Let's do it. Welcome, welcome, welcome. So yeah, so you could see very green to start the day. Plus 400 for NASDAQ and Dow and Bitcoin is coming up 765. We haven't we have a rally back to 80K. But I think there's a really good chance that we can make a good recovery today because of the enthusiasm. I mean, if you're looking at I'm looking at my watch list.

01:17 Everything is in green today. So, what happened? Why is it looking so good today? Shouldn't it be red? Shouldn't be shouldn't people be selling off after a rate hike? Well, first of all, I mean, markets already priced in. We're go get a rate hike no matter what. Okay, so that was number one. But something that was good that came out of it was that Wars said there's only going to be one more rate hike after this one for the remaining of the year.

01:58 So yesterday when I was looking at, you know, the remaining FOMC meetings like October and December, every single one seemed like we're go get another hike, right? So basically what he said took one hike off the table. So that's why investors are are feeling good today, right? Rather than a 1.5% increase or no 75% increase, I'm sorry, it'll only be 0.5 at the end of the year, right?

02:32 It's not optimal, but if we had to take something, it it's it's the only good news that came out of it. So if you look at October right now it's it's like almost 50/50. It was like 8020 before. So that certainly helped. Uh other things that came out I mean he kept it very short. Uh it was unanimous 120 for rate hike. He, you know, he stated something about still being independent, the Fed being independent of the White House, right?

03:06 But other than that, he kept it non-political and uh you know, it happened. It happened. So that's what came out of yesterday. Nothing huge, but investors are taking it very well. So I mean, we'll we'll call it a win. We'll call it a win. Uh, Bank of England was anticipated to follow the Fed and do a rate hike, but they decided not to, leaving rates unchanged despite the fact their own inflation reading CPI shows their inflation is going up as well, but they're like, "Nope, we're not going to do it."

03:52 Which is which is probably the right move. We'll see. We were hoping for something like this. like Wars and others defying the the percentages and not having a hike. But you know that's just impossible. That's why there's 12 board members. Even if Wars wanted to hold, he couldn't. But you know what? See, sometimes you just get surprises, right? You figure after a rate hike, the first one in three, four years, markets would react very negatively.

04:23 Now it is the beginning of the the day so there is a chance it could still slip down and so forth but you know there's other factors at play like oil falling yesterday it was reported oil was skyrocketing because Saudi Arabia you know they were shutting down their pipeline or or or something because of drone attacks and now today it's reported they're they're offering again more oil I mean and Oil is falling.

04:54 So I mean that this war thing is still ongoing. Obviously, okay, still ongoing. It may last a while, but oil fluctuations tend to happen daily. Something happens and then cause oil to spike and then something happens again and cause it to to come down. Uh but yeah, obviously oil coming down in a big way does help markets as well. So this is probably having effect on today as well.

05:24 All right. Outside of these things, what else? Well, there there are a lot of good things. There's actually a lot of good things happening. Um, but uh if you look at the monthly returns, right, we had we're like halfway through this month. It's kind of crazy. I can't believe we're more than halfway through September already. Time is flying by. But to give you guys a reminder, July, we had a good month.

05:53 August we had a great month. This month so far, we're a negative, but that can change very, very quickly. We can certainly go three for three, meaning three consecutive green months, and lead us into one of the best months for Bitcoin in history, which is October, right? So, we could continue this rally for sure. But man, it's uh it's quite amazing that that we're almost through September already.

06:32 It's kind of crazy. Didn't even realize that. Uh but yesterday, uh we we didn't have a good uh day when it when it comes to uh inflow outflows. Uh we had a minus 300 outflow, minus 224 outflow for ETH. Uh positive for Soul, very very negative for XRP. I don't know what's going on with XRP. Very, very negative. But, um, you know, this will flip around today.

07:01 If the rally continues, and most likely it will, we're going to see that turnaround, right? So, this is just a reflection of Wall Street's mood. You know if they are feeling bullish or they feel FOMO they will buy. If they feel the fear and FUD they're going to sell right but overall last 30 days last 90 days still absolutely fantastic right and I expect this to continue as markets continue to rally.

07:42 Uh what else? Oh, you see the other thing is uh we had the Clarity Act not passing, right? That could have been seen as a really bad thing. But you know what I've been saying? Our agencies are pro- crypto, pro- innovation now. So, they're not gonna let progress or innovation uh they're not going to see them being halted in any way. So, they're going to continue to move forward regardless.

08:15 And here's example. This just came out. SEC clears path for tokenized stocks bring the market closer to 247 trading. Okay. So, they're they're doing what they can. So now tokenized stocks, it's already popular, but it's about to get more popular and all the exchanges and brokerages are probably going to be offering them soon. So just another example of our agencies doing what they can to push things forward even without the Clarity Act passing.

08:54 Now, I'm hearing rumblings that they're they're still working on having another vote or something like that. I don't know if it's going to get passed or not, but there are still a lot of things at play. I saw this too. The House panel advances a major crypto tax overhaul. Okay. Uh this includes stable coins, mining, staking, lending, digital assets.

09:21 So again, we got all these things in play that's going to affect Bitcoin and crypto in major ways going forward in positive ways that we've never had before. So another reason or reasons why we should stay in the game, ignore the FUD and continue to huddle and DCA. Now, something random that came out of nowhere. This guy, Luke, I don't know who this guy is.

09:59 Okay, maybe is a New York Times guy. He has a large following, but he happened to be serving jury duty and he I mean, I don't know what the chances are. He runs into Jeff Bezos and then he runs into Michael Sailor and the two are just sitting there waiting for jury duty. What are the chances of that? So obviously Bezos knows Sailor otherwise I don't think they would be sitting together and it doesn't seem like they have a lot of security around them.

10:42 And uh what's amazing about this picture is everyone in the background has no clue who they are. So I mean here that's the thing. It's like everyone in Bitcoin knows they would recognize Sailor right away. I think most people would recognize Bezos, right? But I guess in a normal setting, no one knows who the hell anyone is. Uh I went on his uh his YouTube channel because he people were claiming that was fake.

11:12 But no, he he he did bump into him and then uh he talked to him. He asked him about something like Parlor, some some site called Parlor or something that uh that Amazon AWS took off. I have no idea. Like I I don't know what it is. Maybe some drugs or something like that. But this kind of funny like Basil is just serving jury duty like everyone else.

11:40 And it doesn't seem like there's any security unless the the the normal people around him right now are security and you just don't know that. I mean I I I don't know. Just kind of weird. It's just also weird that the two happens to serve jury duty the same day. I I'm I'm I'm gonna have to assume this is in Florida, right? I think Sailor lives in Florida.

12:05 I don't know. Bezos lives in Florida because of or he happened to be there because of his uh his space company, but Sailor should be talking to him more about buying Bitcoin. Uh but speaking of sailor, strategy shares soar 50% in a month and stretch has been doing well too. Uh so good for Sailor. Now I saw something that's a little bit iffy and dangerous once again from strategy which is their CEO.

12:44 The CEO not and it's not Sailor. It's this other guy. I forgot his name, but he he was doing some kind of podcast. He was saying, "You know what?" So, he made an example about this house. He's like, "Rather than pay off my house like $300,000 or something, uh, you know, I have a mortgage and I put the rest of that into Stretch, right? Uh, so rather than save one or one and a half% of my 30-year mortgage, I'm making like 12% from Stretch, which sounds great if there was no risk.

13:13 But Stretch, as we know, was still underwater. It's still below $100 and for for a long time, it was like in the 80s and stuff. So just because you're making 12% doesn't mean that's a good investment. but he was touting it as like, oh, it's the greatest investment device ever. Um, so again, you gota you got to be careful. So he's kind of going down the path of sailors like take a mortgage out, go do what you can, go buy strategy or stretch, you're going to be good.

13:48 Ah, that's not the greatest financial advice. Got to be careful about that. Anyways, um, yeah, we're looking good. The last thing I'll say about Bitcoin is this the accumulation zone. Um, and we're in the optimal entry point, right? The recovery point from bottom and we haven't really rally hard yet. Once we break 80s and get into 90s and 100K, then probably getting out of that optimal entry window.

14:21 But right now, we're certainly in there. Okay. And you could see previous times when we started recovering from bottom, we started building upon that base, right? Right before a huge run up. That's where we are right now. So doesn't take a market genius to figure that out. Part of reason why even yesterday even when it seemed kind of scary market selling off because the Fed hike you know Bitcoin went down a little bit but didn't crash it didn't go down much further than where it was at the beginning of the day right uh

15:07 outside of Bitcoin uh Circle came out with their own ARC mainet layer one built around USDC and institutional finance there's a lot of controversy over this because the ARC team like did a live stream and people did not like what they saw seemed like you know a bunch of founders and like this really small and dark and in a like a like a room. Uh so I don't know there's some controversy over this but they did launch and then uh Ripple they're adding XRP payments to Stripe in their new developer kit.

15:53 Okay that's great and lastly Hyperlquid takes AIM and KCHI targeting 24 billion prediction market. You know who else is targeting call shin poly market? Clash pickics and we're live and operational and takes USDC soul and clash. So they better watch out. All right. Uh that's that's it today. Overall still looking pretty good to start the day. Yesterday we dropped to as low as uh 751.

16:34 So that was that was like our bottom of yesterday. So we're recovering back a little bit. RSI or MACD is looking like we're flipping to the green. So it's good and everything on the watch list is good. strategy. Speaking of strategy, up about 2% but still down vastly from previous high. Uh Robin Hood up about 3% today. Coinbase Coinbase up about 1%.

17:12 But then you got guys like HP that's up 6% nearing all-time high. Dell continues to be on a tear 580 all-time high. You got like SanDisk up 6%. SpaceX up about 2%. So today like looking pretty good. And you got Soul. Soul up about 3% above 100 once again. Yeah, pretty good. Pretty good. How to win predictions. Make good predictions. That's how you win.

18:01 Make good predictions. It's that simple. And we have our AI that's built in. If you are a member or subscriber, you get to use our AI and we have our smart money as well which gives you a lot of intelligence but yeah ultimately make good decisions. Why do some people sell short-term options versus long-term options? Like, are you talking about real options?

19:40 And I mean there's many strategies, okay, to to earn like um to premiums. I'm no expert in options. There's so many ways you could play options by selling longs, selling I mean selling calls, selling puts, buying calls, buying puts, straddling straddling both sides. There are so many so many ways. I just when I play longs, I just go when I play calls, I mean I just go and buy something that's out in the future that I think is reasonable.

20:15 That's it. I don't try to do anything fancy. A lot of people sell puts, you know, to to collect on those premiums. But you could and you can sell and buy calls and and puts if you want to buy the underlying stock, too. Some people do that. Um, it's almost like selling. It's like setting um a buy and sell target for yourself and earning premiums in the in the process.

20:46 I don't know. It's kind of complicated. I don't really do fancy option stuff. Um, Vertex, I I don't know why you're here on digits on the screen and trying to shill gold. No idea why you're here. Man, if you like physical stuff, then stick with physical stuff. But you're chatting in a digital chat. You're watching a digital stream. The whole world is digital.

21:36 And all these companies that are worth a lot of money, okay? The the the richest companies on the planet are all selling digital products. So think about that. Just because something is digital doesn't mean it doesn't have value. What if Clash could start options platform? I mean yeah, but uh that would be very bad in terms of regulations. There is another platform that will be out.

22:16 I'm pretty certain it's done. I got all the bugs out. I'll probably launch it tomorrow. I'm waiting. I don't know if it's a good time to launch tomorrow or in a better market condition. Um, but it is a new fan a brand new product for Clash. One that a lot of Dentons will love directly related to tokens and it will help Clash moving forward. So very excited about it.

22:50 Been working very hard at it along with this other game too. Gold and silver have parabolic runs. When is the Bitcoin's turn? Vel, don't at me. And this is the turn starting from now leading to next year. The start of that turn. Yeah, really good day for uh for stocks. Intel is up 8% today. Micron is up 6%. I mean, someone's asking why are they running up?

24:02 It's just because they should have never gone down. The AI trade is not really over. Infrastructure, anything related to AI, they'll continue to do well because the demand is there. It's not artificial demand. So, you know, there there was a lot of flip-flopping over the last few weeks. You got a good rally day, then you get a dump day, a rally day, dump day.

24:30 Overall, they they've been going more sideways than anything, just like Bitcoin, but as enthusiast comes back, it's going to help. We we've already seen some cap rotation into Bitcoin from the tech sector. We're going to see more of that as Bitcoin does better. So, overall, what you want is just the frothy market or frothy market conditions, right? So it it'll lead to something good uh crypto plebs.

25:20 Thank you. I have a feeling we're going to have a good recovery day today, seeing how good the the US market is. I didn't check I didn't check the depression map. Yeah, there there are a lot of shorts waiting to get liquidated right around the 77s. Yeah, going all the way to 788. A lot of a lot of shorts waiting to be liquidated. We go right back up to 78 79,000 in no time.

26:15 A lot of short squeezes. Yeah, that can certainly happen today for sure. Um did you buy anything apart from your DCA? No. No. Uh I bought I I you know overall Bitcoin soul clash things that I believe in some stocks some options on AI stuff but that's it. haven't been trying to be fancy with new stuff, just things that I know. And usually during recoveries, things that people know the most come up the quickest and fastest.

27:23 And then when the market gets too frothy, that's where everything else starts rising up. Um, that's when altcoin season starts or just any rally season. So that's what I've been doing. Today's Thursday, right, man? The weeks go by, days goes by so fast. So fast. But I am very excited about what's to launch tomorrow. We'll see if it has a MIDI effect.

28:27 It could over all these things that I'm launching for Clash is meant to help you know the flywheel effect which is you know subscriptions or fees and all these things are meant to go buy clash for the treasury and um and this new one this new project could be doing it in a big way if it works and a lot of people really liking FOMO in and the fees are astron aronomically high, it's going to cause a major flywheel effect that I've been trying to build for a long time.

29:04 So, a lot of people don't quite understand how all these things connect, but that's the reason. And when you have one product do well, it's going to pull all the other products in as long as the underlying token does well. So, I think this could do really well. I'll just leave it at that. I I'm gonna try to get it done today and launch tomorrow during stream.

29:29 And I think it could do very well. So excited about that. Very excited about it. Let's just say the class score is very important. Class score will be very important. Get get class score up. Get clash holdings up. Get some soul ready. I'll leave it at that. And things are on fire today. I'll leave on this picture. Probably the most entertaining picture in a while.

31:15 Well, we got 497 people on here on X. Are there people a lot of people on X right now? Not really. X is weird. It's like it the concurrent viewers go up right away at the beginning and then just like dies off really fast. The class score is in the leaderboard on a Clash project. Everyone is rated and how you get the score is down here. the clash that you hold, NFTTS, how much games you play, how much predictions, how much research you do.

32:27 It's all listed in here. So, follow it and build it as score. It's going to be advantageous. And sign up if you haven't. Go to the go to the Clash Project site. You'll find it in description or just look it up. I mean, we have everyone listed, but not everyone, you know, we have a connection with, right? But if you do, that's how we link you. I don't think Sailor's sleeping.

33:24 I think he was just on his phone. It would have been nice if the picture showed they were in like a active like conversation, but you know, they're both billionaires, so they're both probably pretending to be busy. acting cool. Neither one wants to, you know, look too anxious to talk to the other, I'm assuming. And Sailor still has his orange tie, which is awesome.

34:12 Anyways, I'll let you guys go today. Pretty good day. Good rally for US markets. Bitcoin not so much yet. Some of the alts are doing well, but I think we could see a good movement today. Just need a little push, a few more short squeezes to happen. We'll be right back to 79 80,000. But overall, it's a pretty good day after a big FOMC meeting and Fed hike, which is surprising, but that is that is good.

34:54 And we'll take it. We'll take it. All right, guys. Smash it a like. Subscribe to the channel. Go utilize Ask Clash Clash pickics. Get your Clash score up. Go enjoy some games. Prepare for what's coming tomorrow. It's going to be good. A big new launch of a new product. And uh enjoy the rest of your day. All right. Have a good one. Take care. Bye-bye.