MIDTERM BOTTOM CONFIRMED?! Bitcoin To Explode Post-Election As Whales Ignore The Hack — Transcript

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1. 0:00What happens
2. 0:03after midterms?
3. 0:07This is what happens. The last
4. 0:10three.
5. 0:12Okay,
6. 0:14the last three, we had a major exodus of
7. 0:19Bitcoin ETFs last Friday, minus 643
8. 0:24million, which sucks,
9. 0:27but still overall we're net positive for
10. 0:29last 30-day and last 90day. More
11. 0:32importantly, uh, ETH had another minus
12. 0:35155 million, soul minus 11 million. XRP
13. 0:39somehow got positive. Um, but [snorts]
14. 0:43horrible, horrible Friday and all last
15. 0:46week. Again, like I said, just the
16. 0:49timing and everything. So, it was a
17. 0:52perfect storm of just badness, but we're
18. 0:54past that. We're in a new week, new
19. 0:57month, and things can certainly
20. 1:01turn around.
21. 1:04Uh, and you know, I said this in my
22. 1:07video yesterday, but if you put things
23. 1:09in perspective, it's it's actually not
24. 1:11as bad, right, as you would figure. when
25. 1:15you have a $6.2 billion hack, which is
26. 1:20enormous, and then you have Binance
27. 1:24losing another $3.6 billion
28. 1:27with withdrawals. You're talking about a
29. 1:30large amount of money. Okay, over 10 11
30. 1:35billion dollar. But despite that, we
31. 1:37fell down a little bit. You would figure
32. 1:41we would fall down a lot more than that.
33. 1:44I mean, just look at when some of the
34. 1:46black swan events happened,
35. 1:49you [snorts] know, some of the other
36. 1:50exchanges or bridges, you know, that
37. 1:52went under or hacked. We saw way more
38. 1:56volatility than than now, right? And
39. 2:00even with the ETF outflow, if you put it
40. 2:02all together, it's actually way better
41. 2:05than expected.
42. 2:07Like honestly, if you put it all
43. 2:09together, it's Bitcoin is strong. way
44. 2:13stronger than previous cycles. That's
45. 2:16for sure. If all these things happened
46. 2:18in the last cycle,
47. 2:20we probably would have dropped like 30%
48. 2:23instantly.
49. 2:25But not this time. So, it goes to show
50. 2:28you there's a lot of support, a lot of
51. 2:30institutional support. They're not
52. 2:32making rash decisions like a lot of
53. 2:34people, okay? Even though they are
54. 2:36selling and stuff, but they're not like
55. 2:38just dumpy all because of this. And of
56. 2:41course we have the ones that continue to
57. 2:44buy and hold which is the the right
58. 2:47move. Sailor uh bought this week 811
59. 2:52Bitcoin and repurchased 28 million
60. 2:55stretch and I think this week this week
61. 2:59or this I think it's this week all
62. 3:01strategy preferred shares pay daily
63. 3:06dividend
64. 3:08daily
65. 3:09dividend so could be very attractive for
66. 3:13Wall Street investors
67. 3:16right so that happens this week, I'm
68. 3:20pretty sure. But the buying continues.
69. 3:23Brian Armstrong, Coinbase, also said
70. 3:25they just added Bitcoin. Now they hold
71. 3:2818,000.
72. 3:31So there are a lot of obviously Bitcoin
73. 3:34treasury companies that continue to buy,
74. 3:35but a lot of holders, a lot of
75. 3:38institutions that continue to hold on
76. 3:40DCA along the way. That is why Bitcoin
77. 3:43is so strong. And of course, long-term
78. 3:45holders, too.
79. 3:50Good stuff.
80. 3:52Good stuff. Now, as for
81. 3:56midterms,
82. 4:00Bitcoin is holding on a few things like
83. 4:04its 100 day moving average. Okay? And
84. 4:08again, despite it all, the tech selloff,
85. 4:10ETF outflow, the hack, and everything,
86. 4:13we're doing very well. But here's the
87. 4:15thing. What happens
88. 4:19after midterms?
89. 4:23This is what happens. The last
90. 4:26three.
91. 4:28Okay.
92. 4:30The last three you could see what
93. 4:34normally happens is good, very good,
94. 4:39very positive.
95. 4:41You go back to 2015
96. 4:45afterwards,
97. 4:47little little sideways movement and then
98. 4:50we went on a tremendous run
99. 4:54in [snorts] 2018.
100. 4:57What happened? We had a huge recovery
101. 5:01went sideways a little bit. Co happened
102. 5:03but again you could see the overall
103. 5:06trajectory was much higher.
104. 5:10Okay, we went from 3,100 to 69,000. And
105. 5:14the last time we had it,
106. 5:20we went sideways for a little bit and
107. 5:22then boom, we went from $16,000
108. 5:27all the way up to $126,000.
109. 5:33So,
110. 5:36are we going to see the same thing
111. 5:37again? Right. Actually, you look at it
112. 5:40every time. Every time [snorts]
113. 5:44you end up actually bottoming right
114. 5:46around there, but you know, it might be
115. 5:48a little
116. 5:51[sighs and gasps]
117. 5:52might be a little different this year,
118. 5:56but who knows, right? They say history
119. 5:59doesn't always repeat, but it tends to
120. 6:01rhyme. And for the last three,
121. 6:05it's been very, very good. Very good. It
122. 6:08signals the bottom
123. 6:11and then we start a huge recovery. So,
124. 6:14can this carry us
125. 6:17into the new year into 2027 in fullblown
126. 6:22recovery mode?
127. 6:24Breakout mode.
128. 6:27certainly could happen. If you were a
129. 6:29betting man or if you're on Clash Picks
130. 6:32trying to make a prediction
131. 6:35based on history,
132. 6:37you would bet that we're going upwards,
133. 6:40right? Or predict, I should say. Um, so
134. 6:44yeah, so we got this to look forward to.
135. 6:52Few other things. Yeah, even though
136. 6:54everything has happened, we're above the
137. 6:56100week moving average. We're above the
138. 6:5950week moving average. So, Bitcoin is
139. 7:01holding strong
140. 7:04and maybe after midterms we start moving
141. 7:08like this where we start recovering.
142. 7:11We're still in the buy zone or the
143. 7:13oversold zone or or recovery zone,
144. 7:18right? They're waiting to break out from
145. 7:20that 70, no 87,000.
146. 7:22Then we could head back into 90s, 100
147. 7:25very quickly and then that's when we
148. 7:29start really moving.
149. 7:33So
150. 7:35looking forward to it. Looking forward
151. 7:38to it.
152. 7:40Outside of that, uh really not much
153. 7:43else. Salana continues to do very well
154. 7:48in terms of all the metrics
155. 7:51at revenue, DEX volume, stable coin,
156. 7:56market cap,
157. 7:58everything is
158. 8:01up, up and up. One of the reasons why I
159. 8:04like Salana and they have institutional
160. 8:07interest
161. 8:08and they just upgraded so their chain is
162. 8:10much faster, right? So good for salada.