BITCOIN: PRICE STRUGGLING!!! Transcript, AI Summary & Key Points

00:00 We're clicking the button as soon as possible. Goodman is ready. I'm ready. Let's go. Oh yes. Oh yes. Oh yes. Yes. Guys, welcome to another episode. And as you can see right now, Bitcoin is now below the May high. We're below the May high. The week of course hasn't closed. The week just opened, but currently Bitcoin price is a bit shaky. As soon as the Bitcoin price is a bit shaky, as soon as we go down a bit, people coming out.

00:24 They're afraid. They're worried. Of course, we're here with our daily shows to give you some insight, to give you an insight about what I'm doing, how I'm thinking. So, that's what we're here for. Of course, welcome everyone who's watching live. Smash the like. Big shout out to Guzman. If you're watching recording, also smash up the like. Look here.

00:40 Bitcoin currently down, but number one, we has to close. We has not closed. Even if we go lower here, it's still bullish. Why? Because we are in bull trend as you can see here on the weekly. And also the current nervousness has a lot to do with the midterms, guys. As soon as the midterms are out of the way, you will have a fantastic nice pump in the stock market.

01:02 And by the way, for all of you who don't know, midterms happen on nove on November 3rd. So this is in two weeks. We now have this wall of worry around the midterms. What's going to be Democrat? It's going to be Republican. How cooked is Trump? Will there be investigations? There are probably many investigations that are going to happen, but the markets don't like uncertainty.

01:21 So until midterms, I do expect a bit of volatility, a bit of uncertainty, especially if we don't see a nice confident pump here for Bitcoin uh towards this 87k level, there's a good chance that we're here in this uh swamp until the midterms. So if we close below and go something like this, then the expectation is guys that until the midterm likely we're going to be somewhere here.

01:47 But but the hope for the ultra bullish scenario where we actually get a bounce here from the May high, it's still not dead because the week has not closed below. So if we close below and we go from ultra bullish to just bullish, then I expect continuation towards the upside after the midterm because markets like certainty. They want to know who is it.

02:09 Is it Democrat? Is it pronoun? Is it no pronoun? Who is gonna be who is gonna be? So that's some uh that's for the coming uh weeks basically. Yeah. Two two weeks until until midterm and then resolution and then certainty and then likely boop. Valhalla for stock market, Valhalla for Bitcoin. I mean all resolutions are likely to be bullish. Now why? Because we had a year of of the bear.

02:32 It's already a year since lasttober. We had people pricing Rectober. Uh last year was Rectober. This year likely it's going to be different but let's see how it will play out. Look here the ETF has the biggest inflow since uh a long time since a very very long time. Basically the whole October is even have this kind of inflow. 600 million into Black Rockck a bit of outflow in other ETFs and all in all plus 526 million yesterday in the ETF.

03:03 Fantastic. Fantastic. Also guys, uh something to keep an eye on. Another wall of worry is in the stock market with Cororeweave. So if you've been following the stock market news, if you've been following what people are saying about AI on social media, you know that Cororee is a bit of a questionable company currently because there are different um instruments uh credit default swaps that are signaling that it may go bankrupt.

03:32 Okay, that may go bankrupt. If you look at what's happening with how people are hedging the risk with corewave by for example buying credit default swaps and other instruments also when you look at the yield the the the yield of core uh of their corporate bonds it's uh not looking good. It's not looking good. So let me just ask here Grock bonds uh uh latest.

03:57 Let me just ask Grock here quickly about the latest. But uh here's the here's the news. The news is that uh Goldman Sachs Goldman Sachs came out yesterday and said that it is time to be bullish. Corweave, you had Gabriella Borges at Goldman Sachs upgrading Cor from neutral to buy. Uh basically setting a price target of 106 down from 139. So still down versus what they had before.

04:27 But look here, the stock plunged 43% since August and 25 24% 24% over the past five trading sessions amid concerns over market volatility, financing costs and a demand. So as soon as this kind of u wall of worry is gone for the stock market with core, it would also be a fantastic pump. Should core collapse, should core collapse, okay, is going to be big problem for the stock market.

04:52 Uh we don't want to predict it. We just want to react when it happens. But Corw is kind of at the center of the AI bubble. When people are concerned about the AI bubble, you have to look at what's happening to uh to u Corv. Okay. So when you look at the overall space, it is the biggest worry currently. Uh look here, Morgan Stanley coming out saying that the US stock market selloff may be nearing its end.

05:17 Morgan uh Stanley strategist Michael Wilson says investors should prepare to buy the dip as the threemonth equity correction approaches its final um uh stages. So at any point of time in time you will have bearish news, you're going to have bullish news. So in this current environment we have the AI collapse as one of the bearish news. But the bullish news is that there's still a lot of demand for it.

05:45 The bullish news is that there's still a lot of uh growth in revenue uh and um there's still a lot of demand for AI maybe less than expected but still a lot and uh we need to see the earnings whenever earnings happen whenever we see new earnings that's when normally markets continue pumping because during the quarter worries build up there's a lot of worry a lot of worry a lot of worry then what happens earnings come out and everything looks good and it pumps that how it's been for the past I don't know probably like

06:12 four quarters there All of this discussion about a collapse, a bubble, a bubble, a bubble. Then earnings come out, everything looks great, everything is fantastic, we pump. Then in a few weeks, people again worried again AI collapse. So uh that that's something to keep in mind that uh uh earnings is something to watch when it comes to this AI situation.

06:37 Now in terms of ledger guys, Mark Carpellis is going heavy after Ledger. We discussed it yesterday in our bullmania private stream that when you look at your self- custody, you have to be a bit careful because there are not many options left. I mean you have ledger wrecked, you have cold card wrecked, you have tang also having problems. They had problems when they leaked your private key to their support team.

07:04 I mean literally when they basically outputed your private key to the logs of the app and then support team could see they they say that no one was affected. The support team did not see anything. They say no, no, no one was affected. But you you see there is always some kind of issue here with Harbor Wallets. So Mark Carpellis basically came out and said that with Ledger, he's been uh trying to warn them for quite some time here that someone is really trying to go after their hardware wallet and engineer sophisticated

07:32 ways to hack it uh and to basically have sophisticated implants in ledgers. And they did not listen to him. Listen to us. Uh, let's see. Let's see. Let's see. Let's see. Let's see. Do I need to refresh? One second, guys. One second. >> The sound works or it doesn't work? It says it doesn't work. One second. One second. >> Versions of the >> Oh, okay.

08:01 Now, now, now it works now. Wait, wait, wait, wait, wait, wait, wait. Wait, wait, wait, wait. One sec. One sec. Check, check, check. You heard something or you didn't hear something? One second. One second. One second. Ears wrecked. Holy crap, guys. Headphone users, you're with us or you're not with us? Wait, wait, wait. Also, wait. It's wrong. It's wrong.

08:42 It's wrong. It's wrong. Wait, wait, wait. Users. Sorry guys. Head users, you're not with us. What the hell is this? One second. Okay, guys. We We will not risk it. We'll not risk it. Holy crap, guys. What happened? check what what ah wait anyway some technical issue basically what he's been saying let me just uh play you here the the the subtitles this attack on Ledger u has been in development for quite some time and Mark Carpellis in this video you can watch by the way his interview with Laura Shin later but what he

09:35 has been saying here is that he noticed these implants already like over a year ago and in the early versions they were quite sloppy and you can really you could really see that uh yeah someone is trying to hack something here. Okay. And he warned ledger they did not do anything and the hackers made it more and more sophisticated so that finally this implants could could couldn't even be seen.

10:02 Okay. And that's where all of the latest attacks on Ledger have come from. From some kind of sophisticated attacker really designing the uh the system for uh implanting a device inside your ledger so it it leaks everything. And uh yeah the that's the problem with Ledger for some reason recently at least they don't listen to reports. And also there is a bit of a problem with their products.

10:28 For example, Ledger phone. It's a big fat phone they just released in the midst of all of these attacks and it says Ledger. Basically, you have your phone. You are in Paris. You take picture of the Eiffel Tower. On your phone, it says Ledger. Okay, you understand? You understand how that sounds? You go to Paris. You love the Eiffel Tower. You bring up your phone.

10:55 It says Ledger. Okay. And in Paris, you know, you have to be very careful. You have to be very very careful. It's kind of like a whole nogles on the whole Paris. Okay. Let me know by the way if you're in France, guys. What's happening in France, guys? What's happening? What's happening? Is it third world or it's first world? I don't know. Like looking at pictures, it looks like crazy.

11:16 It looks insane. Let me know if you are in Paris. Let me know if the Twitter reports are overexaggerated or not. But it looks crazy. It looks crazy. So there is some problem with leisure thought process where they give you product that that puts you in in physical danger like a phone where it says leisure. Okay. Why would you have a phone that says leisure?

11:42 Another thing they had, this was a few years ago, is a necklace that you you basically can put your hardware wallet as a necklace. Okay? So people can chop off your neck if they want to take I mean I I I don't know what the hell they're thinking on Ledger. I don't know what they're thinking. When they had that necklace, it was honestly years ago. That's when they started to consider, wait, do these guys understand crypto?

12:06 Like do they have crypto themselves? Because if you build a product that you don't use yourself, it can never be good. So when Ledger created the necklace, I was like, do these people have crypto themselves or they just do products for crypto and they don't really understand the client? Because how can you make a necklace with hardware wallet? Okay.

12:25 How is only a person that never used crypto that would do such a thing? who never experience the concern you have normally when you have self- custody how to keep it safe etc etc so that's why by the way ETFs are winning now because everything in crypto that is self custody has a big problem big big problem and uh yeah for for people who are have bigger accounts for bigger wealth ETF makes sense I know it's not cyber cyber punk cyber punk and maybe you know when I just started out in crypto I would tell oh no you

13:00 should all only have self but at the end of you see what's happening Cold card wrecked, ledger wrecked. Should Black Rockck go bankrupt, you would be a creditor. You would likely get your money back in one way or another. Bernie made of victims, as you know, got like 80 90% back from a pyramid scam, from a Ponzi scam, from Bernie Maid. If your hardware wallet gets hacked, no one cares about you.

13:24 I mean, literally, no one in the world cares about you. If your hardware wallet gets hacked, the bullies, they don't going to do anything. They're going to open the case. They're going to close it the next minute. They open it just because they have to because you have reported something and then they before you leave the building they already closed it because how the hell they gonna find the guy who stole your uh your u your your coin that stole your hardware wallet.

13:48 It's cryptobilis man. You you bought from Cryptobillis. Okay. Your coins are gone. How they going to find the police? What? They're going to open Ether Scan. They're going to be like, "Yeah, I I don't know how to find them." Okay. And here's the thing. In most cases, if you are a lone victim, let's say you're the only person in your country that lost money, like no one will care about you.

14:12 If let's say Black Rock collapses, Blackro gets h like some of the wealthiest people in the world have their money there and they're going to come after it and you can be part of the recovery. Okay, that's what happened with FTX. I told you my story with FTX. actually got more money than I lost because it was in ETH and ETH dumped because Italy did L2 Pugazi and so in dollar amount I think I even got more because FTX was a big like big project to recover.

14:37 Imagine you lose your money because Ledger got hacked and you're the only person in your country. Do you think they they're going to come after your money like they're going to try to save your money? Even if you have a lot of money like for you like a few hundred thousand it's still too little to care for someone to really do a nice recovery okay to to have a big process you know your money it will not pay the lawyers even you know a few hours you understand this is the problem when you are alone so that's why we're

15:05 not superi cipher punk when it comes to this uh because we're pragmatic and also you know the older you get the the more pragmatic you are you know we all become boomers guys maybe I become a bit boomer to some extent where you realize but from experience just you know from experience being in this industry seeing how people get wrecked in self- custody versus not self- custody just from experience uh I become a bit less cyberpunk and hopefully this industry will have good self- custody and you can here's a good thing

15:35 in our industry you can always do self custody if you want okay that's important that's important someone says why Do uh hackers choose Monero instead of Zcash? Well, maybe because they follow the money line and the mechanical rules because Zcash now is in a bare trend and and Monero is in a bull. It could be that I don't know. See, I mean now guys, especially if you are in Bulmania, we had a big discussion about it on Monday.

16:06 Zcash versus Monero. Okay. Uh we had a big discussion Zcash versus Monero. But I mean the conclusion guys you want to be in bull trends not in bare trend. So Zcash now is in bare trend. You don't want to be in in bare trend. You want to be in bull trend. It's kind of like with lighter on hyperlquid. When lighter went into bare trend we were super bullish lighter here.

16:26 You guys remember I was praising lighter praise. I love lighter. Love light. As soon as it went bull trend we said in bulmania go to hyperlquid instead because it's the same thing. Hyperlid is bullish. This lighter is bearish. Why? Why? And now it dumped even more. So you really got to respect the bare trend. Maybe the hackers, they respect the bare trend in Zcash and they say, "F this.

16:44 I'm not going to be in Zcash. I'm going to be in Monero because I haven't told that Monero is bull trend." Exactly. Maybe that's that's how it is. Now, in terms of tech, there's a lot of discussion. Listen, it's way above your pay grade for sure. For sure to discuss tech of Monero and Zcash. Don't even try it. I mean, for it's I I can tell you it's way above your pay pay grade.

17:05 I am a computer scientist. I did computer science five years um and it's even above my pay grade. So imagine this you try to discuss tech. You try to you know be some warrior for tech. You don't understand anything about tech. Like I can told you. Okay. I I can tell you you don't understand anything about tech. Okay. So don't don't be too worried about tech.

17:28 I as a computer scientist I tell you it's above my pay grade to discuss Monero versus Zcash like which one is fully private this and that. uh and it's for sure above your pay grade. So don't don't don't bother. Instead, just look at the trend. Okay? Look at the trend. Relax. Relax. I'm telling the truth. Just look at the trend. Now, Zcash bare trend.

17:48 So, boop, you can move into Monero. That's it. Should it be vice versa? Be vice versa. Don't worry too much about this and that with tech. Okay? That's it. That's it. People again, that's why people lose so much money. They think they're a freaking You think you're Elon Musk, you think you're Bill Gates. In reality, just look at the freaking chart. Don't worry too much about this and that, you know.

18:11 So, that's that. That's that. Um, guys, there's not too much news. I don't know what's happening in crypto lately. It's it's it's a bit slow. There's some news here. Basically, Murad is telling people how to manage their money and that uh 400,000 a year which is yield on 10 million is is not enough to to go above inflation. Uh so let's I guess let's listen to this and then ah crap we have some issue with guys let let me restart OBS.

18:41 We're going to be away for like 10 seconds. Let me restart OBS because there is some fugazi here in the OBS. One second, guys. I will stop the stream. It's going to be the same stream. It's going to like load and we're going to be back very quickly. So, give me 10 seconds. I want to play your videos. 10 listening to you guys talk about this. I'm like, holy >> Like, when people go on Twitter and they're like, you know, is 5 million enough to retire?

19:11 Is 10 million enough to retire? >> Do do you hear Twitter? They say, I'm going to make 10 million >> and then I'm gonna I I I don't understand what's happening. I I I don't understand anything. One second. What What's happening here? What's happening with this? Let's debug here. What the hell is happening? What What is the sound? >> Ah, it's How is this?

19:34 Okay, so yesterday guys, I think I know what it is. Yesterday, I was vibe coding some stuff here and I think it messed up something. I was vioding some stuff. I was vibe coding some stuff. One second. One second. What? What if I do like this? What if I do like this? One second. >> Money market app or whatever. >> Okay. Okay. This may work. This may work.

20:03 Okay. Okay. So, you know, I was viing some stuff. I I think it messed up some something with my audio. I I was vip coding some stuff with um you know virtual microphone that you can like add effects into the mic and then uh I see this issue now maybe VIP the freaking claude went out of control a bit because you nowadays you can you can vibe code your own utils utilities.

20:26 Okay. So before you had to pay some company to have like a virtual microphone where for example you can increase the uh gain, you can increase the volume, you can make the sound more kind of like podcast sound and so on so forth. Before you had to like you know you could either do it in OBS and or in other tools but now you can just v code your own and then you can just plug it in into whatever app like you know whether it's Zoom or you can use it anywhere.

20:50 So I was playing around with that. So yeah anyway uh let's play now this thing with Murad where he says about inflation and uh check what the hell what the hell what is going on check Guys, guys, guys, guys, guys. Freaking Cloud, man. Ah, okay. Okay, okay. One second. One second. One second. One second. One second. If I do like this. Check. Check. Check.

21:41 Okay. Okay. Now, now, now, now, now. Yeah, it's live television. What do you want, guys? It's live television. It's live. We'll figure stuff out here. Oh, >> I'm sitting here listening to you you guys talk about this. I'm like, holy Like when people go on Twitter and they're like, you know, is 5 million enough to retire? Is 10 million enough to retire?

21:57 >> Well, you know what? You know, people on, you know, people on crypto Twitter, they say, I'm going to make $10 million and then I'm going to put it in a in some, you know, money market fund or some DeFi app or whatever, and I'm going to make uh 400,000 per year, which is 4%, right? And that's it. I'm I'm going to live a good life on 400,000 uh K 400,000 per year.

22:17 But they don't understand that the money supply is growing seven 8% per year. So you're actually losing money. You don't do anything. That's why essentially you have to continue hustling. Even if you have 10 million, you have to continue hustling still. Yeah, you ask me. I mean that was his point. I thought this was funny because he al he also invested everything in memecoins.

22:32 So lost 90% in a year. So >> here he speaks about inflation is going to eat like a few percent. Yeah, it's better to do memeco and lose one, you know, in one year you lose everything. Yes, exactly. Guys, what you see right here, me fixing sound, it is computer science in real time. Exactly. Computer scientist. Did we fix the sound? We fixed the freaking sound.

22:51 Exactly. It's And I do it live. I do it freaking live in front of thousands of people. I fix the sound while doing the show, while drinking coffee. I have control of everything. the lights, the video, the audio, okay, everything. One man band when it comes to the show. Power of computer science, guys. So, uh, yeah, let's see if Mim is going to come back.

23:25 I just thought it's funny like you know Murat I love Murad but he also lost like 90% in meme coins and now he's going to give advice about inflation and you got to you know escape inflation and that you know most people don't think about that if you have a money market fund you still lose to inflation bro come on like you know how much people lost in uh in the meme coins in this list you had come on man come on come on I mean we love we love we love we love we love Murad Murad is great we love Murad but come I mean

23:55 he's I don't think he's the correct person to speak about that you know you lose a few percent here and there with inflation. Okay, that's that. Does that uh guys there there's literally nothing else. I mean, uh looking at news, I'm looking at where where's the news? What's happening? There's not too much news. Everything is kind of uh kind of Yeah, nothing.

24:19 Let's let's remind about some stuff. Number one, you have tomorrow. tomorrow the yeah tomorrow Alpen glow guys Alp and glow is tomorrow so that's something that's something so for Salana it's going to be massive should be way way faster uh finality from 12 seconds to 150 milliseconds but other than that I don't know what what news no news is good news exactly maybe that's how we need to see it no news is good news that's number one oh another news is that uh if you go to arenabull.com in the uh comment section in the

24:58 description, not comment section in the description. Connect your Pionex, connect your Bit Ununix. If you are in the leaderboard, basically the only thing you have to do is to have more than 100k volume. So, if you are on the leaderboard, you're going to be sharing the cash back, which is 10K for Bionex, 20K for Bit Unix. And on Bit Unix, uh only seven people qualify currently.

25:18 So, only seven of you connected your Bit Unix account to Bullmania Arena and you have more than 100k in volume. So basically here is where uh if you look at how the reward is going to be shared uh these guys are going to be eating a lot because there there are fewer of them. So if you want to join them just connect your bits ensure you have volume more than 100k and it's easy to get 100k volume.

25:41 I mean especially if you trade with leverage it's you don't need to it's you know it may sound big you know 100k volume but you know with leverage it it counts together with leverage. So if you have let's say you trade with 1K in a few trades you can build up quite a lot. This guy on Pionex for example just has to like make one more trade and be above 100K.

26:00 This guy needs to do a bit more. So if you are if you are these UIDs keep an eye here because you could be very quickly in the in the leaderboard. Guys let's go to Q&A. That's it. That's it. There there are no more news. No news is uh good news. Uh and uh yeah let's discuss what what you guys want. I have to go. Let's see how much can I be here. Maybe I can be here 10 minutes.

26:24 10 minutes. Uh I'm already running late for the next thing, but it is what it is. We're We're doing too much computer science live, guys. Okay. We're doing too We're doing too much computer science here live connecting the stuff and so on and so forth. Okay. But man, Claude Cod, I I need to have a chat with him. What the hell he did? Let's see if I if I close my little util here that I vibe coded.

26:55 I I have to check later on. So, let's go guys. Do you invest in near right now? So, near is bullish. You want to be in bullish assets. You don't want to be bearish assets. You want to be in bullish assets. So, near for example now is bullish. We want bullish asset and nearest bullish. We don't want to be bare asset. Want to be bull asset. Okay, that's it.

27:30 Do you think Carl and his German friends going to end like James Balina? Which German friends? Which Carl? Are you going to see Richard? Yeah, I mean that that would be interesting. Where is Richard? Can Can we Can we visit Richard? In Finland? We're gonna We're going to be visiting him in Finland. All the hexacons go together to visit Richard. I mean, may you see?

28:06 So, hyperlquid is also still bullish. Um, let's check S&P. I I believe SPX went bearish. So, SPX is not worth it. Yeah. Now, now it's bearish. It's looking quite bad. SP it looks very bad. So, yeah, SPX, I wouldn't be in SP right now because we want to we don't want to be uh we don't want to be in bare asset. And by the way, we did discuss a lot yesterday also when you have bull flip happen and then bully collapse like this stop loss is super important very important in boom we explain all about that the full system

28:49 because no no system is 100% bulletproof even when you have bull flip it could just go down like happen what happened here with SVX and it's fine it's part of the is part of the system so here is where you have stop loss boop you lose just a few% of of the trade and that's it basically. That's it. What about Etheina? Let's check in. Ina ina USDA still bull trend still up 15% since the bull trend.

29:22 So, so far so good. Is that an LV cap? Yeah. Yeah. So, this one I found uh I haven't seen anything this. When I saw it, I thought, let's let's get it because it's very nice for a stream. It's very nice for a stream. Fantastic. Fantastic. It's a prop. We have different props. But yeah, this one is very nice for a stream. Exactly. So, it's LV. Yeah. I've never seen anything like this, but when I saw it, I like, man, I'm I stream every day.

29:52 I drink coffee every day. Let me get a nice cup for the stream. It's very nice. I mean, actually, it's nothing special. It's just cup like this. And then there is this cup holder. How you say? Yeah. The for the Is it cup holder? That's what you call it? Uh, fantastic. Fantastic. Is it worth the money? I mean, listen, if you don't stream, I don't think it's worth the money.

30:15 Would I buy it if I wouldn't be streaming? Probably not. But for the streaming, you have to look at the utility. How many guys are here? We have 10,000 guys, maybe two girls. Okay. uh utility of it is quite big because if you if I stream every day, it looks nice every day. It's fantastic. It's fantastic. It's uh so you know per view per stream. I don't know how long how long I'm going to have it.

30:44 Maybe I'm going to have it for one year, maybe two years. Let's see. I mean, basically until I accidentally break it because I'm freaking clumsy sometimes. No, I'm here. I like, you know, I can I can easily break it just randomly. So hopefully it's going to be for a few years. So then it makes sense. If you don't stream, then don't don't bother. Just buy some uh investments instead.

31:10 Your audio is what's messed up? Is it clipping or is I I will have to review it later on, guys. How is the sound? It's working or it's not working. You guys hear me or you don't hear me? Or you're deaf? Or you're deaf? Maybe maybe you're deaf. Maybe we we had so much clipping that your your earring is now wrecked. Good now. Good now. Sounds fine. Okay.

31:31 Okay. Okay. Audio fine. Okay. Good. Good. Good. Yeah. I don't know. There's some deaf guy always saying that audio is low. Audio is high. We increase audio. Now people say, "Oh, it's too loud." What you want from me? I I see here it is yellow and it's red. Yellow and it's red. A bit red. A bit red. Mainly yellow. So it should be maximum sound and maybe a bit clipping but that's okay.

31:59 That's okay. Audio is sometimes cutting off. Ah okay. Okay. So the cut cut. Okay. Okay. Okay. Check check check. It could be the noise suppression thing for the cutff. See guys I'm computer scientist. I'm not a I'm not an audio engineer. That's a different uh degree. Okay. I'm not an audio engineer. That's a different degree. But yeah, this cutting off.

32:25 I've heard it before, but it was long time ago we had this issue, but I don't know if Claude messed something up, man. I don't know if Claude me something. Maybe Claude went went ham here. Ivanzo, educating the plebe is hard for you. How many years streaming do you have? Um, so streaming, how long we've been doing? It's soon 10 years. Isn't that crazy?

32:50 Isn't it crazy? Yeah. Let's see. I mean, as long as you guys watch, as long as there is demand, it is fun to do stream. So, yeah, that's it. I would love a critical stance regarding the game theory behi behind why a Q2 low would be potentially priced in in a way where Q4 low still, bro, I don't know what the hell you're saying. I I don't I don't even think you understand what hell you're seriously yourself.

33:20 This Q2 low, Q4 low. I I think you're too much in uh um this uh how you say cyclist. Maybe you're a cyclist. You're four four year cyclists. We don't worry too much about this. You know, Q2 low in 1997, NASDAQ hit this and that. We just see what the trend is. Trend now is bullish. You know, game theoretic explanation why you want it. It's a some for for what for for what you needed.

33:46 for what do you need the because how you gonna trade based on it what's your entry what's your stop loss Q2 low Q4 the don't worry man don't worry they people really over complicate here let me tell you how to think about the market it's it's very easy if we are below 200 week moving average no matter if it's Q2 no matter if it is Q4 no matter if it is Q Q3 or Q5 or what the hell Okay, Q10.

34:20 If you're around 200E moving average, you buy. You buy. It's likely the bottom. If it's 200 week moving average or lower for big established assets, this is the buy zone for your shitcoin. It's not the buy zone for your shitcoin that may never return. It's not buy zone. It's only for Bitcoin, you know, big stocks, gold, like stuff that you know is not going to die.

34:40 uh when they go when this assets go towards the 200 moving average you buy in any freaking quarter that's why we became bull here when we went below no matter the quarter don't worry about the quarter don't worry about the quarter don't worry about what Bitcoin did in 2014 or 17 it's not helping you it's wrecking you it's wrecking you because we said it's at 200 book moving average we're starting to accumulate here not with we don't go all in but we start to accumulate simulate when we go bull trend on mainline we go

35:12 heavier okay this is the the way to do it when you look at okay Q4 low now Q4 low is going to be Q Q4 Q2 I mean to me it's not helpful maybe someone can make it work I've not I've not seen anyone make it work guys I mean to to be fair I've not seen anyone trade successfully based on this kind of stuff that you describe where where they have a critical stance regarding the game theory behind the Q2 low would be potentially priced in in a way where Q4 low still happen number one I don't even understand I think you

35:46 understand what hell that means don't worry about that look at the trend look at when we are at the 200 average or lower that's its uh yeah he I don't know anyone who makes money with this I mean honestly I I don't know I know many people do videos about that maybe like some kind of circle J. You know what? We can discuss, we can we can pretend to be scientists because we say the word game theory.

36:19 So you feel scientific. Is that what it is? You feel scientific. You're like, "Wow, we're discussing game theory, but the only thing you're doing is like looking at what Bitcoin did last cycle basically at the cycle before that." So your whole game theory, like your whole science is looking at three data points. Wow, how scientific. You have literally like in in the history of Bitcoin how many cycles we had?

36:43 Three maybe four. What kind of statistical importance is that? Zero. Yes. Exactly. Yeah. Yeah. How many data points you have? And what kind of scientist are you when you have four data points? So you make conclusion from four data point. Now here is where as a computer scientist, as a real scientist, I need to tell you something. Buying at or below 200E moving average is proven by decades across asset classes across generations across bull and bare cycles.

37:18 200 week moving average for assets that don't go to zero your shitcoin don't buy it at 200 moving average if it's bare trend but bitcoin gold stocks that's proven you have a million data points there okay you have a million data points very important when you have bull trend it's proven across generations across decades across asset asset classes across different regimes over a century of proof that it is working it is working I have a whole book on this.

37:48 Where is it? A century of proof. Legends all agree here. Have you have you been educating yourself with literature? A century of proof we write about in my book with trend following. So yeah, listen, I think that I think I communicated what I wanted. But of course, it's fun a bit to discuss. So let's discuss cycle theory. Cycle theory. What what what theory you have?

38:15 You have you know it sounds like you know gravitational theory like Einstein has gravitational theory and you have your cycle theory like the way you make it sound is like you know you have theory of gravity and then cycle theory like you're so intellectual then you look okay cycle theory you have like three four cycles what are you speaking about have three four cycles instead average trends it's you know chef's kiss chef Chev's kiss chef's kiss and sometimes they overlap like for example Q4 we went to riskoff four

38:49 year cyclists they also went to riskoff so they were lucky that time uh 20 to 200 moving average during summer we said times to be bullish four year cyclists they're still cycling so they I guess they have to be bullish u like in November or maybe now you should be bullish according to the cycle theory big problem big problem so anyway guys that's Hope that makes sense.

39:15 Big shout out. I mean, obviously it's interesting bit it's I also think it's interesting to discuss cycle theory. I I just you don't you don't make any money with it. I don't I I I've not seen anyone make money. So when you know when we joke it's also it's a live show guys. So I have to make it entertaining you know. I have to make it entertaining. You ask a question I I I need to figure out some way to drive the point home so play understands.

39:36 So if I sound a bit harsh, know that I love you very much. But for your own education, for your own understanding, for your own best, we need to drive the the point home heavily here. And being four year cyclists is horrible because you have three data points and that's it. Okay? Instead, look at the timeless timeless timeless things such as, for example, buying at or below 200 moving average.

40:05 It's timeless. It has millions of data points across asset classes. across centuries, across different uh interest rate regimes, this and that. H and the transa. So yeah, big shout out. Yo yo yo Chris, is it Chris or who is it? Mm crypto is is that the real one? Bitcoin pump, please. Bitcoin, please go to moon. Big shout out to MM Crypto. Uh Chris, what's happening?

40:29 What's happening? We're bullish or what's happening? Where how is your $5 billion trade going? You have a new $5 billion trade, $100 million trade. We look forward to that. We look forward to that. Big shout out to Chris M crypto. Always bullish. Fantastic. Fantastic. So the guy says Xense 2704. You are right. I was just worried that too many people fixated on the for cycle which makes it not quantifiable as you say, but perhaps a psychological.

41:00 So yeah. Yeah. So that's true. That's true. So when for example you have now October November it is so here's the truth here. Here here is where you said something very smart almost worth of a Nobel Peace Prize. It is very true that many people are going to be mega bullish when even the cyclists say it's time to be bullish. Okay that's very true. That's very true.

41:26 So that is like a a catalyst for bullishness. there is a lot of capital just uh waiting for for your cycle to be bullish. So that could be yes a a boost towards 100k 100% 100%. Uh but as you can see it's way better to be time uh timeless like way better to use timeless stuff like the 200 moving average is way better but yes now that you know October November comes both for cyclists are back all their money is back and it's quite a lot of money I can tell you many people watch the for cycle but also that's why you know

42:02 most people the market cannot accommodate most people the market cannot make so that you know everyone wins together kumbaya if most people do something likely uh you're going to have a bit of different outcome, a bit unexpected, a bit some something a bit different. So, uh I do agree though that yes, as we go into November, the midterms are gone. Like this whole worry about the midterm is gone.

42:24 Fouryear cycle for sure, for sure is now bull signaling in the four year cycle and we go Valhalla, we go 100K, 120K. Chris is going to do his $500 million trade that we're going to be following on MM Crypto. Guys, thank you very much. Smash up the like, subscribe to the channel, go to Chris, subscribe to him, and goodbye guys. Goodbye. Goodbye. And big shout out to Guzman.