BITCOIN: ATH BEFORE CHRISTMAS!!! Transcript, AI Summary & Key Points

00:03 Oh yes. Oh yes. Yes. Oh yes. Guys, welcome to another episode. And as right now, Bitcoin is still holding on. We're still holding on to this very important support, which is the Maya high. As you know, holding on to May high is very important. And should we bounce here, we have a very very good chance of flying absolutely exploding towards 100K because there's literally not too much resistance left until this very very nice 100k level which basically would be going here above the January consolidation and that's it.

00:36 Basically we have just one single consolidation to get to get above and then we are at 100K. Should we get to 100K guys? Oh yeah, round number round number. The media loves round numbers. Should Bitcoin again go back to 100K, you will see a lot of FOMO. A lot a lot of people on the sidelines also a lot of retail obviously hearing that Bitcoin is back towards 100K.

01:00 It will be monumental and that's why from 100K the teleport towards alltime high is likely to be very fast. Could be already by Christmas just like Anam is saying could already be by Christmas. Time really goes fast in crypto. But at the same time, a lot of things happened during short periods of time. If you think back what happened last October, you remember what happened?

01:22 We were here at 120, 125. And then once we start go down here, we said, "Hey, this is not good. This is not good." And then in just a few months, we went from 126 all the way to like 80K. Okay, this from October to the end of the year here, we're at like 80K. All right. So this can happen very very fast once you start moving in whatever direction whether down after a big bull market or up after a big bare market can happen very fast.

01:50 So until the end of the year we still have a lot of time a lot of time and of course the best thing would be that we actually get a bounce here because that's the most bullish scenario. You break resistance you test it like now and then you explode. Should we fall below it? Is it the end of the uh Bitcoin? The end of the times? Is it the end? Is end of the bull?

02:11 No more bull. No, it's not the end of the bull. It just means longer sideways, longer chop. Maybe back to 70ish, whatever. Going sideways, chopping, chopping, chopping. Then we have to get above the resistance. So, still bullish, still new bull market, just not the best ideal scenario. And we have a lot to discuss today, guys. Welcome everyone who is watching live.

02:31 Smash up the like as soon as possible. Subscribe to the channel if you are new. and read this beautiful disclaimer. Pause and read because nothing here is financial advice. Whatever you put in the market, you can lose. It can all go to zero tomorrow. Don't follow me or don't copy me blindly. Do your own research. Do your own research. You remember five years ago, six years ago, we called this confirm that you have the big boy pants on.

02:56 It's very important, very, very important. Especially in these times, volatile times, emotional times. Emotional times. Even when market goes up, because of your emotion, you're still gonna mess it I mean it's unfortunately how it is. Unfortunately that's how it is. The number one uh enemy of the plebe is the brain of the plebe. Okay the the number one enemy even if bull market is amazing even if everything is up still because of the volatility people still mess up like you know looking at bitcoin through the years how

03:26 is it possible to not take advantage of all of these bull markets. It looks so easy when you zoom out and you just see a chart like this. It looks so easy. It looks so easy. Especially when you have the money line, you see the trend is so easy. Another one here, you know, it's so easy. So, but yeah, if you actually go through here and it and it dumps like 30%, 40% and then continues up, it's not as easy as it looks.

03:46 And that's why the mental the mental work is the number one most important thing everyone should do with their own trading. Focus on the mental. That's exactly what we do in Bulmania. If you go to bulmania.com, you can now click apply here and we're going to tell you how to join Bulmania. You need at least 100K in your portfolio. So, we'll open up a new cohort now.

04:09 Probably going to be open for the coming days uh before we close it again. We work in cohorts because there is limited that uh spots because we have a very very individual approach here. But all in all, if you have 100K in your portfolio or more, click apply on bulmia.com. It is now open. We're going to explain to you everything here. when you click apply, how it works, how to join, etc.

04:27 And if you don't have 100K, just join the Bullmania newsletter. It's also in description. This one is free. I give you fantastic, fantastic, fantastic market update. For example, for example, when things dump, I tell you what I'm doing, whether I'm buying, whether I'm selling, everything I tell you. For example, here in on September 18th, remember when we dumped to 75, I told you what I am buying.

04:49 I'm personally deploying into this weakness. Now we are at 83. People are freaking out. Okay, we were just at 73. People were freaking out. We're at 83. People also People always freak out. And that's the problem. People always freak out. There has never been a week in crypto where people don't freak out. Someone always you can have any chart. You can have any market condition.

05:11 Someone will always always always freak out. Okay. Fantastic. Fantastic. And that's that's actually good because if you control your emotions, you take their money. I mean brutally that's how it is. If you are emotional and you lose money in the market, where did that money go? Did it disappear into the ether? Well, if you buy ETH, it could disappear into the ether.

05:33 Metallic is is doing L2 for guys, not pumping the price. The money when you lose money, someone else gets it. Someone else has your money. Someone who controls emotion, someone that has a plan, someone that has mechanical rules. So guys, very important. Moving on. Look here. There's all kinds of uh markets now predicting the price of Bitcoin when we're going to cross alltime high.

05:53 So according to Khip there is a 24% chance that we're going to go to 130K by July 2027. Uh there is uh on polymer do you see something on poly market and no nothing on polymer is basically the only one. You have Anam saying that alltime high by Christmas. Uh Koshi is saying 27% chance to go next year to to to 130 for us. I think the timeline the way I see the timeline it it is a bit shorter.

06:22 It's it's it's a bit shorter. We just have to ensure that we get a bounce here. Should we get a bounce here? The timeline to alltime high is going to be very short. I think it's going to be very short. There's not too much resistance towards uh 100K and after 100K round number big fat explosion. Obviously think about what all are going to do. likely are going to be insane during that time.

06:42 Uh nothing really has developed into into some kind of big old season yet. It may seem like many alans are doing well, but if you think about it, we're just in the beginning and people are fearful by the way. Now people are very very fearful. You see here there is a lot a lot of fear on the timeline. People are saying there is no bull market. People are saying maybe it's a Bart.

07:03 Maybe it's a big fat Bart here. Okay. Uh something that's going to give a lot of confidence into for the market is the midterms. When the midterms are over, guys, when the midterms are over, we're going to be flying very high. There's going to be certainty in the market. Markets don't like uncertainty. Now, with midterms, there is a bit of uncertainty.

07:22 It's going to be Republican, Democrat, and the result actually doesn't really matter. What matters is certainty. So, once we have certainty, stock market up, everything up. Fantastic. Fantastic. Speaking about midterms, speaking about Trump, he has a new press secretary. Okay, people are attacking her that she did not do good job, but I think she she did good job.

07:43 Let's listen to what what she said. >> So, my president, excuse me, my husband. I want to thank President Trump for his trust that he has placed in me. I have wanted to work for him for >> anyway, you probably have seen Have you seen those videos? There's like a million of them. People are attacking this lady. This girl is >> wait. Here's another one.

08:08 I don't want to play the other one because it was music. I don't know if it's copyrighted that circus music. Let's play without music. >> Up and packing arenas to support President Trump and Republicans. It's not hard to see why he delivers on every promise. >> No music. No music. Anyway, guys, you know, I think she did a good job. She She looks great.

08:30 I mean, what was the problem? What's the problem? She looks great. She said some stuff. You know, press secretary, you don't have to be a genius, man. You're not doing PhD here. It doesn't matter who it is. And if you have to choose, okay, let's have a girl. Why why have some dude? Okay, why have some I mean, at the end of the day, you know, it's not it's not mission critical stuff here.

08:48 Telling what has happened, reading some news, uh this and that. People say many things >> we do. He had there is >> Okay, finally this one is without music. Let's play this one. >> And something President Trump is delivering on just like he delivers on every promise. In addition to that, we will be >> No, it's like in school. You're like doing presentation in school.

09:12 You start laughing in the middle of it. >> We will be do he there is $54 billion tied to the Alaska LNG pipeline and terminal. So my president >> Anyway, her makeup is amazing. I mean, that's it. At the end of the day, here's the thing. Yeah. It's like you didn't prepare for the test. You have to yourself into the into the classroom. Okay. Teacher says, "Ivan, go and speak."

09:39 And you're like, "Yeah." You start laughing at at your own invention that you invented on the spot. Like, okay, let me tell you. President. Oh, my husband. I don't know. I think she's great, guys. I mean uh rather this than some kind of you know something else something that is you know five gender or what any guys we're not we're not going to be police I think it's good it's not a mission critical thing guys relax it's not a mission critical thing it's uh she's not driving the plane okay she's just speaking about

10:12 stuff and that's perfect and that's perfect guys look here crypto is in its value era okay it means cheap it's cheap while AI is in its infl inflated token era. Okay, very important. Money from AI is going to go into crypto. This is what Chris Binski is saying because crypto is cheap. It's it's you get value. You get value for your money. AI is very very low value now for your money.

10:38 Okay. In October when we restore from crypto, we went into AI. Totally different situation. It was actually vice versa. Now that AI has been so so so crazy, so crazy and so great for us since the summer approximately we're back into crypto. So and this is just continues. I mean since since the summer a lot of the air has disappeared from the sale of AI can you say like that that the air has disappeared from the sale.

11:05 There was a big air in the sale for AI before the summer but then you know things started to go bare trend. It wasn't as constant bull trend. So since then the air has kind of vanished and it went into Bitcoin instead. It went into crypto instead. So yeah, we just follow the plan. This is not news for us by the way that AI is expensive can still continue for quite some time and for us the number one uh signal is the stock market whether we risk on or risk off.

11:30 A lot of the gains in the stock market is is is AI. Okay. So it's still that it's an important factor for us that stocks remain in a bull trend. But ensuring that you have good performance by picking individual assets is better in crypto now. Way better in crypto than trying to pick individual AI stocks because that train has already left the station.

11:52 You can still get into S&P NASDAQ, you know, just to ride the overall wave, but the big value creation, the big, you know, zero to one creation, it already happened since the beginning of the year. Now it's okay, maybe it's going to grow a bit more. Maybe, maybe a bit more, maybe a bit more. But the big fat value creation is going to be now in in crypto, in all coins, in Bitcoin, and so forth.

12:11 Look here. Goldman Goldman Sachs is saying or former Goldman Sachs guy is saying we're going to go very high. Listen to this. I think that Bitcoin having where it is in its adoption cycle and having a perfectly fixed supply and growing in adoption over the next 10 to 50 years puts us in a position to continue to outperform the S&P 500 um you know fairly meaningfully like I typically will model out uh a compound annual growth rate of what I think is is fairly conservative over a long period of time of 25% per year.

12:48 Obviously, there's going to be a lot of volatility there. Um, but I think that the the properties of Bitcoin, the utility case that it provides the world as a store of value and the fact that we live in this digital world, um, and will continue to do so, and the fact that the fiat financial system will continue to to produce money and credit to debase the money that Bitcoin is denominated in uh, virtually guarantees that it will go up over a long period of time.

13:16 And then the question is just how much relative to other assets. And I think because of Bitcoin's fixed supply and that upswell in demand that we're seeing and adoption, it will outpace uh the majority of all assets if not every other >> and Ray Dalo here agrees. Ray Dalo just published a big blog post about how the sovereign debt crisis is going to bring fiat down.

13:39 You should read it. This is something that we speak about in all of the live streams. In all of the live streams, we touch on this um uh topic of bonds because currently bond yields are very high across the western world. Whether you look at the US, whether you look at France, especially in the EU, France is so bad. France is horrible. France is on the brink of collapse financially, okay?

14:00 Let's not let's not hide it. It's it's very bad. The next Greece, you know, the Greece crisis, the you know this pigs, you remember the pigs, Portugal, uh what is it? Ireland, Greece, Spain, uh which was 15 years ago or so. Uh France is going to be the the new one. Okay. And it's going to happen very fast. Uh probably within the coming year there's going to be unraveling of all of this.

14:23 But the US itself is not is not doing that great. And here Ray Dal is explaining that at the end of the day, countries go broke when the supply of debt to be sold is much larger than the demand for it, which is currently true for the US for I mean for most Western countries when the yield is going up. when when is the yield going up? When there is not enough demand for the debt, that's when the yields go up.

14:46 Uh debt service payments a rise relative to incomes to levels that painfully squeeze out other spending. It's al also happening everywhere in the US. The debt service payment just the interest rate is more than the defense. It's more than any kind of other thing that they spend on. It's 1.3 trillion or something per per year. Isn't that crazy? 1.3 trillion per year.

15:04 It's more than is more than anything. So both of these things are now happening and are projected to happen increasingly to the extent shown in this report. And then he goes through different factors uh compares to government debt levels uh percent of revenue this and that. Um and also another interesting number he spoke about which I is the is the number of bills versus bonds issued because currently there is not too much demand for the long-term bonds and the government is just issuing short-term bonds aka bills

15:34 treasury bills and normally uh you have approximately 20% of debt issuance being uh treasury bills very very short term now it's around 50 meaning that the government cannot really issue this long-term debt because there is no dem demand and should if they start doing that the yields are going to skyrocket even more because that's a a less liquid market.

15:55 So if they put put on more supply, there's less liquid. It's a not liquid market. The yields are going to go up a lot. So they're worried. That's why they only do the short-term bonds or bills, bills as the short-term ones are called. And uh that puts them in another problem where they have to refinance all the time. They have to roll over the debt all the time.

16:14 So the US is not doing great. EU not doing great because France is not doing great. Japan, he speaks about Japan a lot here also. Japan not doing great. So the dominoes are not really stable and the debasement trade is real because the only way to fix this if there is no demand on the market is to just print the dollar and buy the stuff yourself. Okay, that's easy.

16:32 It's easy. They try to avoid it. They try to avoid it. They try to figure stuff out. But a final stage final stage of all of this all roads lead to Rome. In this case, all roads lead to printer. Okay? So you want to have uh real assets. You want to have Bitcoin especially in this time and age. very important to have Bitcoin and the basement trade is just starting.

16:55 Most people don't even understand it. It's just just starting. Uh just like crypto is coming back around. Uh looking at uh the current market, let's check here by market cap. Bitcoin down 0.5%, ETH down 1%. The market is very very sideways. The market is you can even say boring. We we kind of get got used to uh big moves during the last weeks. This is Bitway 43% 105% over the last uh uh week.

17:22 Let me see where we captured it in the money scanner. One part everyone in Bulma gets is of course the money scanner. Let me quickly check here. We go to crypto. We go to weekly and we see the flips here. One second. Yeah, Bitway. Holy crap. is bullish on the money scanner since three months ago. Fantastic. Shareex another I mean a a lot of these guys you still got to manage risk a lot and be careful like who the hell knows shareex what it is but it's up a lot.

17:57 It's up a lot since the bull flip in bulmania we teach risk management. So you have to worry too much what the hell all of this is. You have risk management in case it goes against you. You're out you're out. You know how to handle it. Uh or you can also ask boom many AI by just clicking this buttons. Fun token up just just in stuff on Tron up. Pyiverse up since seven months ago.

18:22 Zama up. YZ how you say Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Z Z Z Z Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y W Y W Y W Y W Y W Y W Y W Y W Y W Y W Y W Y W Y W Y W Y W Y W Y W Y W Y W Y W Yu How you say? Wu up. Uh near protocol up. Hyperlquid up. Stacks up. Pan up. Quarki up.

18:36 Yeah, a lot of great stuff. A lot of great stuff. And it's only the beginning for the altcoins as a whole because most old coins are still sleeping. They're just now entering some kind of bull phase. So guys, uh that's it pro for the uh big stuff. Let me just quickly go through the news so we haven't missed something. So Michael Sailor is saying that we're in the beginning of the bull market.

19:00 Good. Ledger confirms stampered nano devices. Uh Ledger, I don't know what's what else happening to Ledger, guys. The news is developing so fast. Yesterday I saw more announcements like more stuff hacked in in Europe mammarked. If you buy from Saturn or media marked in in Europe, you have to be very careful. You have to be very careful. Um let's see what kind of update they have here.

19:25 Also, if you get email from from Ledger, be very careful also because they try to fo the scammers try to FOMO you into giving them your seed and they say, "Hey, you have to give a seed fast otherwise you're going to get drained." Of course, all the boomers, all the boomers aros are reading this and like, "Holy let me give my seed to this email." So, email protects me against draining.

19:46 Okay? And by the way, we love the Boomers. We've all been there. Uh when I was a kid, I did the same in Runescape. There was a guy that told me, "Hey, I need your password for Runescape so I can protect your account. Your account is in danger." I said, "Holy you you really going to protect me? Here's my password. Sir, please protect me." He stole my account.

20:03 Now it's the same. But imagine your grandma. She doesn't know too much about crypto. She gets an urgent email from Ledger that tells her, "Give us your seed now so we can protect your account." Now, she's going to give it. So inform everyone you know that has a Ledger and that gets this email because it's big is big now that there is this news about Ledger having issues.

20:26 Scammers of course use it in order to form you into doing something dumb. So very important. Ledger is asking resellers in Southeast Asia and Hong Kong to suspend sales of devices while the investigation is ongoing. This includes taking products off shelves specifically the countries are Indonesia, Singapore. Yeah to be clear. But it's crazy that you can buy ledger from a store.

20:48 I don't like that. I don't like that because you don't know where that ledger has been, which dude has been messing with it. Um, you don't even know if it's a real ledger. I mean, could for all I know it could be fake from China with a fake fake uh hardware. So, it's crazy that people are buying them from uh from the store. I mean ideally guys um ideally you don't buy from store you buy from a website and you and you ensure that you don't write your real name or address you figure something out you have to be a bit

21:17 smart here you have to use your brain how to do it okay uh don't use your real name and address but still that you can get get the thing from the from the official web now and by the way now don't buy ledger now okay don't buy ledger now but in general when you buy hardware wallet don't buy from store buy with fake name from the website so at least you know it's They send it.

21:37 Now there's still a guy. See, I don't like any dude touching my device. Still some guy is there in the post office. So anyway, you have to there's going to be some dude that touches your ledger and maybe he inserts something there. Okay. It's impossible to avoid fully. I guess if you go to freaking ledger factory, I mean that should be a thing. Why isn't it the thing that you go to their freaking factory and you get a freshly baked ledger, you can see how they do it.

22:12 You you get your croissant, you see how they do croissant. Wouldn't it be cool if you can go, you can see how they bake your freaking ledger and the CEO of Ledger says, "I promise you it's okay." that I would be feel very very at ease if I see my ledger being done and the CEO is there like you know clicking clicking it all together he's like sir I promise you it's safe he's like thank you for your order that that that would be fantastic man that'd be fantastic that' be can someone do that can someone start a hardware

22:45 wallet company like that uh that'd be amazing so to be clear they're saying as the investigation continues news the only confirmed incidents remain contained to southeast really really is it's not it's not contained it's because also there is uh Europe we're going to get to that we have not verified the drain link to device anywhere else and so how do you see who retweeted it I let's see is it like post interaction or where is it uh post activity here here uh because there was a guy basically debunking it here in the

23:21 retweets somewhere where where he said that he actually bought it from he bought a device from Europe and uh it's all infected like it's all infected everywhere. Uh I don't know where it is. Uh but let me search like this. Let me search like this ledger media marked. You guys buy in media marked or what happened? Oh yeah, here here this guy. This guy Johannes where he is who don't knows Johannes ledger statement is misleading.

23:52 I just visit yet another media marks location to verify whether they had already se selling ledger devices and as of October the store was still actively selling and displaying the inventory. Lol. When I spoke to a store employee he was completely unaware of any such policy change. He noted that the matter was not addressed. It was only after I bought brought this to their attention that the staff proceeded to remove the devices.

24:16 Okay. Oh yeah, here's another update from the Saturn. So as of 13 October 13, Medar Saturn has stopped with ledgers alignment uh the sale of ledge device. Okay. So in Germany it's also a problem. Okay. In the previous post they said just Southeast Asia. No no no Germany guys if you are in Germany you're wrecked in many ways. But here's another way you can get wrecked.

24:36 We have no indication that ledger infrastructure systems or services were compromised. Well, uh you don't know what the hell is happening to your devices until they get to the customer hand. And that's I would say is your infrastructure. It's supply chain. What happens to supply chain? Okay. What happens to supply chain who which dudes are attaching the device?

25:02 Which dudes are poking in the device? Ledger should know all of that. They should actually I mean they should have full KYC of all of the all of them. They should know exactly their birth date, birth city, the whole CV, curriculum, vitaya, they should know it. Anyone who touches the ledger, I mean that's how I would do hardware wallet, man. No one touches the ledger before the customer.

25:28 If we don't know who they are, we don't know everything about them, their family, where they are, where they work, we need to know everything. We need to know everything. We would be I mean we would be doing uhazzi level uh research on everyone who touches the ledger or the hardware device. But no in this case I mean this these guys have no clue. These guys have no clue who is touching where is what's happening guys.

25:53 What's happening? What's happening? So yeah if you guys have a ledger be careful. Figure something out. Uh treasure treasure is flying under the radar. No issues with trouser this far at least. So yeah, that's that. And oh yeah, crazy stuff, guys. What can I say? Self custody uh took a hit this year. Um we had this offshore changes. FTX basically removed them as a viable option for big money.

26:25 Then everyone moved to Southcast. Now Southcast is getting wrecked left and right. Very questionable. Uh the only thing that's left is basically the ETF. Only the ETF can get wrecked that hasn't get wrecked that is still maybe about to get wrecked. Let's see. So, um France, if you are in France, guys, uh they're coming for you. They're coming for you.

26:45 They will want you to declare your your hardware wallet if you have more than 100k in it. And if you have more than 100k in your hardware wallet, you should also go to bullme.com and apply to our inner circle where you get my trading secrets. It's a full course. We do weekly Q&A. You get coaching sessions. You get you get you get a bunch of stuff. You get a bunch of stuff.

27:09 Uh obviously all the software, all the tools. And in Q1, we're planning a fantastic event only for our community. Although you need 100K plus to join the the Bulman inner circle. It's very important. Very important. So click apply. Click right here. If you're not in Bulmania yet, uh but also if you're in France, you have another problem and that's that uh they will force you to declare your hardware wallet with 100K plus like the actual wallet.

27:35 What's going to happen? Uh you know, in government, many people work in government. Many people work in government. I mean, I don't know how it is in France, but in Sweden sometimes you see, man, who who are these people? like max max criminality sometimes max criminality max uh you know speaking about background checks there's there's zero there's zero like you know the dudes that are going to be reading your tax report with all of your ledger stuff with all of your hard hardware wallet stuff man you you don't know

28:04 who it is you you or more correctly you cannot even imagine who could be reading your your tax return you cannot even compreh a hand like in your world understanding of the world, you don't even understand what kind of people could get their hands on your tax return with all of your stuff. That's a big problem, by the way, in general with all of the high tax jurisdictions that you give up so much information and then you need to trust that they keep it private.

28:38 You think they're going to keep it private, man? Yeah. Yeah. Because there have been rumors that all of these wrench attacks in France, they happen because there are leaks from the tax department. Okay. You know this um this modern Europe, how you speak? It's like the issues are not only in the ghetto like you know it's it's infiltrating everywhere.

28:59 So anyway, if you know, you know. If you are in France, use your brain. Figure something out. Uh you have to figure something out. Ideally, you have to figure something out. Okay guys, let's go to Q&A questions, answers, debates, discussions. There is going to be Let me just quickly check when we have the um the FOMC stuff. It's it's like today, right?

29:20 Let's actually check when is next next FOMC etc. Let's check when the next FOMC because it should be things should be on the micro level today also. Let's check it out. By the way, we don't have Guzman here, but if you're a Netherlands, you have a similar situation. Like everything I said about France also applies to Netherlands, but you have even worse because uh box three, you know box three, you love box three.

29:49 Let me know if you love box three. Confirm in the comment section. You I you love box three. Box three coming bigly for you. Bigly bigly bigly bigly bigly bigly big. Unrealized gains is coming big time. Big time. Oh. Uh, next OPMC is 27. But what was it? This. Oh, yeah. Here. Today is what? It's um CPI. CPI. Today CPI. CPI. Uh, it is today. Tomorrow.

30:21 Tomorrow. PPI. Today CPI. We're gonna keep an eye tomorrow. PPI. And then FOMC is on the end of the month. Is it that late in the Did they move it or something? I remember it being not like last days of the month. Wasn't it in the maybe I don't remember correctly. But anyway, now it's like in the end of the month. Okay. Next FOMC is 27 28. Yeah. Next FOMC is 27.

30:53 Yeah, we knew that. September CPI is the last sprint before the October FMC headline is expected to jump on energy course expected to cool. Yeah, let's see what they do. Calious odds for next FMC. Anyway guys, let's see what's going to happen. Um, if the market moves, it moves. But if if there is some bearish FM CPI or PPI and the market is still bullshy, we just ignore it.

31:18 We just ignore it. We take it easy. We relax. We take a cup of coffee and we remove the worry from our lives. Very nice, guys. Let's go to Q&A. So weird without Guzman and Matt. Not Matt. You see we started a bit later today. I think they are working or something. Where is Matt? Where is Guzman? Where is Dab? This is the problem. I want to do a bit later so our American audience could wake up.

31:49 You guys are awake or what's happening? Actually, I did a bit later because I I I could not make it in time. I mean if you want truthfully that that was the reason that was the reason that was the reason but the the official reason is that we want our American delegation the viewers to be able to watch us. Exactly. Uh do you think RS RSC what the hell?

32:18 One second. No comment. No comment. No comment. It's no comment. I don't know. It's some weird thing. No comment. No comment. 3:30 in Los Angeles. Why are you watching? You have insomnia. You know, watching. Sorry. Sleeping is very important, guys. Sleeping is very important. Hi from North Carolina. Early early to rise. Early to bed. Early to rise keeps you healthy and wise.

32:53 That's very good. Good morning. Good morning. I check stretch. Yeah, let's check. Stretch should be able to reach 100 soon, guys, because it's bull market and in bull market everything is bullish. Microsoft, I mean, we're bullish on everything in bull market. So, Stretch, it doesn't surprise me that it's back. And when is back sailor can raise money and he can buy more business.

33:22 It's another catalyst. That's why uh you see here it's another catalyst. That's why we are very bullish now. Like despite what the bears whatever bears are saying we're very bullish because as soon as this thing goes above 100 again yen sailor will be able to raise money and buy bitcoin. Last time he was able to do that was here in May. You you remember the May peak uh in Bitcoin at 82 or something.

33:51 It was because Sailor was able to raise a lot of money here. You see when it went to 100, he sold, he sold, he sold, raise money, raise money, raise money, raise money, raise money, then bam, straight into Bitcoin. Since then, he was not been able to uh sell stretch and now we're climbing back here and he will be able to do it again. So that's why we will have likely with highest likely this with all disclaimers that you can lose all your money likely we're going to have amazing Q4 amazing October, November, December.

34:21 It's already Q4 month. When is when is uh this Thanksgiving stuff? Next month. Anyway, we're thankful already. We're thankful for a great community. Let let's be thankful guys for a second. Isn't it crazy that every day we can be here speak about crypto and uh uh and we can uh yeah we can we can hang around here. Amazing. Thank you. Thank you guys. Thank you.

34:50 And thank to myself. I mean also I'm here creating it every day. So thank to you. Thanks to myself. You gota thank yourself guys also a lot. You know if you don't thank yourself who gonna thank you know. Got to thank yourself. Got to thank the community. Fantastic. Ian, today's CPI, what's your take on that? Uh, I I just told you, don't worry about the CPI.

35:11 Just look at what the chart does? You know, people love discussing, oh, I think it's going to be this and that because of oil and because of Iran. No one knows, man. No one knows. No one knows. I I when I was wrecked, I was trying to, you know, trade it. I was like, "Oh, let me put in a trade right after CPI. Oh, you know, let me today CPI, so let me trade around it."

35:30 If you if you think like that, man, Very bad. Very bad. Very bad. If if you think about like trying to trade CPI announcement or FOMC stuff, do don't do it. Don't do it. When I was a wreck pleb, I was at a big loss. I hope that market would uh move bigly after CPI. I was like, "Oh, when is Oh, CPI is next week. Maybe maybe it's going to make me unwrecked.

35:58 Maybe it's going to make me unwrecked. Maybe maybe." Ah, nothing happened. Okay. CPI was good. Still nothing happened. I was like, "Okay, when is next?" Okay. In two weeks, it's a PPI or it's FOMC in two weeks. Okay. Okay. Okay. Let's go. Let's go. Let's go. Okay. Guys, guys, guys, guys. And especially if you have a lot of money and you think like that, uh, you need Bulmania inner Bulman inner circle.

36:24 So, go to bulmania.com, apply to join us because yeah, I and when I was thinking like that, I myself had a lot of money already. I had a lot of money already, but still because I did not understand the market. I was yeah in a in a situation where it's uh horrible. You are in a mental prison. Mental prison. So if you have more than 100k 100k or more, go to booming.com.

36:49 If you have less, just join the newsletter. Join the newsletter. It's free. Boop. Answer email. Boop boop boop. Fully free. Um so yeah uh guys. So CPI basically don't worry about it. We worry in case the price reacts to it. In case the price reacts, we will be able to adapt. Don't try to guess how the price will react because no one knows. No one can tell you.

37:12 No one can tell you. They can just They can just say, "Oh, I think it's going to be bad CPI because Iran, because of oil, but no one knows. Sometimes everything is bearish and it's still good CPI." No one knows. It's rand random. You can still I mean if you want you can still speculate but just understand it's more gambling. It's not it's not real strategy that you try to predict what LCPI is going to be.

37:34 You just and sometimes they change what CPI is. Sometimes they say hey this time we measure it differently. So yeah whatever analysis you did which was Fugazi anyway now it's even more Fazi. So we react based on price moves to be able to position ourselves for the next big trend. Okay, that that that that's with the CPI will CPI affect majorly. Don't worry about I just told you don't worry about CPI.

38:02 We worry about CPI only in case the price moves and u for example let's say there is CPI let me give you practical example CPI happens and stock market goes bare trend okay okay then then I would say man the CPI it's serious if CPI happens and S&P just boop. Okay. Okay. Okay. Okay. Should we go bare trend? Yes, we're going to be risk off because then the just you know higher risk as we go here to the 200 week moving average which stock market eventually touches.

38:44 I mean here it touched it. Here it touched it. At some point we're going to touch it again. I don't know when but uh if we go bare trend that would be the first warning signal. Okay. So that that's one example. That's one example. Okay guys, let's uh cut it here. I have to go. Smash with the like, subscribe. We're at 40 minutes, so it's good length.

39:07 Good length. More of uh uh tra trading secrets, more of um weekly private streams, more of weekly TA from me and reports and model portfolios is in Bulme inner circle. You need 100K or more. Otherwise, if you want, if you don't have 100K, it's fine. We love you. It's fantastic. Join the free newsletter. I'm going to be in your pocket anyway. We're going to be working on growing you from your pocket.

39:28 Okay. Thank you very much guys. Smash up the like. Ensure you've smashed it up. Smashed it up. 420 Bitcoin. I see your badge number two. Fantastic. Shilbo bagings number three. Who is number one? Who is number one? Who is number one? Shilbo baggings was number one. Who is now number one. Fantastic guys. Fantastic. I see this crown crowns. Who is number one? I don't see. Anyway, big shout whoever number one is number two. Number three. See you all tomorrow. Enjoy your Wednesday and go bag. Goodbye.