MARKETS in the MORNING, 9/23/2026, BTC $85,400, XRP $1.56, Gold $4,311, RTY 2,881, DXY 98 transcript

Here we go. Here we go. Here we go. Here we go. It is markets in the morning. Let's go. Hey, what's going on everybody? This is the Blockchain Backer bringing you the latest cryptocurrency news and analysis. Welcome to Markets in the Morning. Today is Wednesday, September 23rd, 2026. This is Markets in the Morning, where we take a look at the price action of the cryptocurrency market, including the Bitcoin price chart, the total market cap of crypto, the altcoin market, XRP.

Look over there at the stock market, which is about to open up in 28 minutes from right now. We'll wrap this thing up by looking over there at any type of financial news or crypto news going on out there at the halfway point of the week. And then of course we usually spend most of our time just hanging out in the chat going back and forth talking about different stuff. Um it's I hope you're having a a good week. Obviously I had to take a little bit of time off last week.

Uh lick the wounds but then you get back on the horse as always. Uh and we've broken through that 50we moving average. So halfway point of the week, third best day of the week. Happy Wednesday, my dudes. It is Wednesday. It is Wednesday, my Wednesday. All right. What up? What up? Good to be back. We didn't have markets in the morning last week. So, we'll see how rusty we are today. I don't think I have fumbled so far yet.

I the intro is always a point in time where I can like I'll leave the mic off or I'll have no volume on the frog or something like that. Uh but I'm not seeing anything in the chat. So, here we go. We're doing all right. Uh man, where do we begin? Obviously, the the big thing that has happened here in the last several days is that we've closed above the 50week moving average over there on Bitcoin and over here on the total market cap of crypto.

It doesn't by any means mean that hey, we're going straight to the moon tomorrow or that, you know, there couldn't just be like a nasty 15% wick or something to the downside that comes at any point. But the historical uh significance of getting through that 50week moving average is that you know what we've done really over this last year is it's hard to believe it. It's September 23rd. Gosh, was it September 23rd of last year where I announced the 33% sale.

It might have been a year ago today. I don't know if it was actually the 23rd, but it might have been. Um that we we've played this whole game of barecase versus bullcase, right? whether we're at the top, whether we're halfway down, uh whether we're at the lows, and just constantly building the bare case versus the bull case, every single thing you could possibly imagine uh moved into the bull's case, uh down in here, right?

And the only thing the bears had to hold on to was the argument of September and October. And and then of course their their last line of defense here was the 50week moving average to hope that they could get some type of spring to show up from like back in 2015, right? Um so breaking through the 50 week uh it it doesn't necessarily mean we of course go in a straight line up but the significance of it always is is that there's no more cases to be made when you make the bear case versus the bull case.

This is for the bears their very very last one in here. Um, and then you know the the argument to say okay well September and October it's still technically you know the four-year cycle right so like October still being able to hold on to October. Uh the thing that we kind of argued down in here is that I think everybody's using this as the peak and that this is really nothing more than a U T A D. Excuse the excuse that wonderful handwriting there, but an up thrust after distribution that we really just have a full-blown uh distribution structure happening in here.

And this very well could have been a last point of supply, which is essentially just an ABC, but doesn't set a new high in here. But instead, it's an up thrust after distribution of YOF distribution that does set a new high. But what it truly means is that our true peak actually was back over in here back in August, which would have meant, right, our four-year, right, bottoming thing, if you're going to follow that whole four-year stuff, uh, placed you down in here, right?

So, like my thoughts were if you're even going to hold on to the September and October idea, you that was you've already hit it. You're you're already past it. So, what happens when we get through the 50 week? Well, there's just no more arguments to make in here. Unless if you're still going to hold on to that UTAD, which obviously I is just completely wrong to me. Uh because we've already had everything, right? So, we we've kind of built all these cases.

And then of course you can see in here this new thing that has produced itself here in these last two weeks or really this last week uh has been finally that we've gone positive over here on the MACD finally right crossing through the zero plane or through the signal line uh and and that of course you know you can see that back in here from back in March of 2023 that occurs also on that break right there of the 50WE moving average we finally go positive positive over in here.

So even your indicators are just telling you and we've built this case for forever at this point by not just looking at this one week. We've been looking at the two week. We looked at the monthly over in here uh that right like this was how we marked our bottom back here back in 2022 once the monthly MACD broke through the signal line. Uh that is the FTX collapse. That was the actual literal bottom back there in November of 2022.

That's everything we had in here. Point being, right? Uh you just don't have a single argument in here uh for it to not be entering into a bull market. The hard part of course was trying to do it in here when sentiment was in the gutter. I've been looking at the chat. The chat's super excited. Everybody seems to be in a pretty decent mood at this point. I told you we would get back to greed. I told you we'd be back to singing kumbaya and holding hands.

It always happens. Um but now you know we like have all the official things of every past cycle to be beyond the bottom to be entering into a bull the the challenges we have like I just said a minute ago saying hey you know anything could happen in regards like being a negative 15% wick candle anything because we could just range at any point right there could be ranges that build throughout in here very hard to difficult uh very difficult to identify where exactly they're going to happen in here in the video that I put out on Monday.

I talked about a range occurring back here where we've already ranged previously. It would make perfect sense for that to happen. Typically, we hit that 50week moving average at some point. Will that take time? Will this thing just start curling back up very quickly and then right this range all happens through here and we hit it over in here? Right? Lots of various things happening in an actual range. Uh but this significance right in here always means bull market. uh intact or at least hard to say like what do we want to define bull market?

Do we want to define bull market as being alt season where we're in expansions and everything is happening. I would more so identify it as risk on, right? Like risk off is clearly over. Uh it's risk on which typically means dips are for buying, right? I'll never tell you what to do but that's what risk on means, right? Uh so that's just kind of where we're at uh on the market. The significant move has happened where the 50WE has been cleared.

Now it's just you know how are we going to structurally work our way out of here and how long will it end up taking? XRP gets back to a buck 55, right? Ranging still continuing. Everything looking good, right? Eventually, right, it's probably going to escape above this $1.70 level. Uh just will that happen within the next week or will it take a couple of months to happen in here again? So, everything signified down in here that this was our true bottom for XRP down there at 98.99. uh Bitcoin.

Uh these uh this was pretty pretty much the most bullish thesis I could produce for Bitcoin and and so far so good. It just looks like it's just kind of humming on track and but again even in this type of range like this type of epic climb to shoot its way out of here. Let me zoom out on that. Right. even in an epic climb to shoot out of there. You know, if you produced, you know, just something that, you know, we get one more wave in here and then we pull back to hit the support and then we go up higher and then we pull back and we and then we end up just firing our way out of there, right?

That that would be awesome. Uh but, you know, when you look at the charts and you see how long that ends up taking, ends up taking months. So, it's probably a process. Dude, I'm all I'm all for it for it happening faster. I'm positioned for it to happen faster. Um, but I I do also like to keep reasonable expectations uh on, you know, not creating f like the the crazy thing I'm seeing in the XRP community is this whole thousand stuff.

Uh, I promise you zero influencers are holding to $1,000. I promise you zero. Uh, all of us could retire much easier than that without needing a thousand bucks. uh at all. Uh so uh but just be careful with that. Uh there's alternative motives to doing that. You know that. But hey, you know what, man? Here's the deal. I can't get too mad at all the influencers hyping people for $1,000. The only thing I can really do about it is for the people who are still here at like a buck 50 being like, you don't buy that baloney, right?

Like nobody here really buys that, right? Uh, but the truth is, right, when we get into new highs, so long as we do, who's going to buy your XRP off you for 7 8 9 $10 if they think that's the top? Nobody would, right? What do they got to believe in? They got to believe they're going to 100x from there, that they're going to a,000 bucks. So, in the end, they are doing God's work uh for whenever the newcomers do come pouring in and the liquidity pours in to be able to buy fat bags off you at 789 $10.

Um where they're perpetuating this $1,000 stuff. Um but, you know, I just hope the people here now uh do understand there's an alternative motive for telling you that. Uh there's zero chance that will ever happen. Um, but the pro the problem with telling that is it's kind of like sports team mentality. It's politics mentality. You know, when people are really committed to something, they they don't want to hear it. Uh, you know, we use that example of the New England Patriots and deflate gate or inflategate, whatever it is, or uh no matter what, if you are on a political side, whether that's the right or the left or the middle or whatever, particularly people who are far right or far left, it doesn't matter. uh what you say uh they're going to believe it no matter what.

I'm sure you've witnessed that many times in your life that you've met people who are politically extremists to one side or the other. You can't do anything nothing to bring them back. Uh that that same stuff happens here in markets and it happens with price, you know, $1,000 XRP. there there going to be people who are very angry at me saying that uh that you're you're getting grifted uh you're getting uh there's an alternative motive of somebody trying to make something off you uh by telling you that but the truth is you know like I said it's God's work uh whenever it gets to 7 8 9 10 bucks how is there going to be the liquidity for all the people to escape in there well the the newcomers have to come in here and believe in a thousand bucks that's the truth uh so as long if if that narrative keeps perpetuating then there you know there will be buyers at least, right?

People always say that. Well, why? I remember that back in 2009, 2020, 2021 when Bitcoin went to like four, five, $6,000 after C19. And like my thoughts, we were going to go 60 70 $80,000 into the bull run. And people like hated me. They're like, "No." Uh, who in their right mind would spend 607 $80,000 on a Bitcoin? And this is back when it's, you know, $5 $6,000. I said when we get there, people are going to just they just do.

There's some reason or another that they just do. Uh so, you know, there has to be some type of narrative to go with it. Anyway, I got extremely sidetracked. Uh anyway, uh you know, this is just going to be probably the workout area in here uh for Bitcoin for some time. We'll see how altcoins can kind of react in here. Uh the thing is to not get too like I we're seeing a repricing of the market obviously, right? We're we're clearly seeing a repricing of the market, but we're not seeing an alt season, right?

Because we don't typically go straight from being everybody screaming for lower prices, 40 to 50K, and then suddenly go into an alt season. That's just not how the market typically works. So, um I've gone through uh the depths of despair. Uh this is my third full-blown bare market to go through. Um in 2022, I know a lot of you were here. Uh the calls were for 10 to 12K, right? And Bitcoin bottomed at 15, right? And so we don't typically like just, you know, we hit we hit did we hit 15?

Yeah, we hit 15, right? We hit 17 in June and then we hit 15 when FTX collapsed. Um and then all the calls were for 10 to 12K. Um but then it took some time to work its way back up, right? But that same thing happened back in 2018 and 2019 is that Bitcoin uh capitulated there in November and December of 2018 and the price went all the way down uh to $3,000. All the calls there were for 1700, $1,800, $1,300. And so I've watched the the exact same behavior always happen at the very bottom after the capitulation is that the crowd will get coraled around a new number expecting a new low. 2018 the bottom was at 3K but the crowd was coraled around 13 to800.

Uh 2022 it was you know the bottom was 15K but the crowd was coraled around 10 to 12K. And then here in 2026, the bottom was 57K and the crowd was coraled around 40 to 50K. And so we don't typically come from that moment and then go straight into alt season. We have to kind of wait for the market to kind of digest and then go into an expansion and for new all-time highs. So I know, you know, I always preload the news before we get started.

So, like I have CNBC pulled up and I have Cointelegraph pulled up and there's going to be this headline on Cointelegraph that says something like trader or analyst sees that alt season is full-blown underway. It's like no, it's not because we we don't see that, right? We don't see that. But we're seeing a repricing of the market coming off of the lows for sure. Uh so it's exciting to come out of that environment and but we're going to have some work that we have to do to grind our way up in that alt season likely doesn't begin until a moment like that that we have to get an expansion to happen in Bitcoin or the other thing we've discussed right here the expansion showing up in IGV and my guess of course this whole time has been that we will see the expansion of IGV and Bitcoin happen very close to each other.

Uh right now we're just not really showing signs of being like knocking on the door of expansion. I mean I just and I just wouldn't be surprised if there's still just more ranging in here before we can get to that moment to be able to expand. So it's going to be work and but you know we're out of that depths of despair moment. And gosh I'm How long were we there? June through August. So we spent two and a half months.

Oh no, it won't let me do it on this chart. It'll just do like this. Two and a half months just looking at the chart like that, right? Um and so it feels good to see that and for all that stuff to be correct and um we're killing it obviously. Um just expect, you know, ranges will build. Very difficult to know exactly where the range will build at and if it'll take in here and how much time it will take. We're just going to have to wait for those things to kind of materialize to show us.

Um, and uh I wouldn't be shocked though if we still have some more to do in here before that range actually starts to build within here. So, I don't know. I just hope you guys uh hope everybody's feeling a little bit of relief. This is the point where it becomes obvious to everyone that the reversal happened, right? Once you get the higher uh the higher high happening in here uh after the bullish divergence is all everything and then that candle produces it with that everybody's aware everybody knows wait a minute it was it I see you guys posted in the chat uh feels good man like yeah it we got it man so let us all get a go.

So, all right, there you go. Uh, XRP is still right on Q, man. We're beyond the bottom. We're just waiting. Things's just going to take some time to get through here. So, all good. Uh, total three, right? Is this total three at all coin market, right? We're back at the 100week moving average. River in here for total three, right? We could see back here in 2022 and 2023, uh, cracking through it, getting back to the 100 week is still able to push through it.

But we know this this even if you ignored that, this is still just the the kind of struggle bus past range that we had. So, we might just have to spend some time in here first. And um but you know, the stories are all the same, right? It's just like coming out of uh coming out of the depths of the bear. Uh we're we're pulling out of here and u feels good. We made it, boys and girls. So, all right. Uh, catch-up trade obviously on the Russell.

I'm not going to hit this too hard. I think it all just kind of goes in hand with IGV and things like that. There could still just be some wobbling in here before we actually see the bigger moves or the alt seasons actually start to actually transpire. Uh, you know, my thoughts are that we'll probably be done with this whole thing, this whole market cycle by the time we get here. So that's still that's and we just obviously haven't started even budgering off of that zone at all to signal that that has even begun.

So um what time am I at? I'm at 20 minutes. So we're getting to the point kind of like uh I don't know what to do. Um, when it comes to altcoins, I have spent the last year just kind of like not really talking about individual altcoins because what happens is if I point any altcoin out that is interesting, I will get years of comments and years of super chats asking, "Do you still like this altcoin?" Um, and of course I got the PTSD of Zcash, right?

Uh, that was three years of absolute non-stop harassment on Zcash. And then by the time it mooned, it truly seemed like nobody even owned it anymore. Like everybody had sold it by that time. That morale morale got beaten hard enough that once it finally ripped, nobody was in it anymore. Um, so this LA, you know, for the last several months, you know, my thoughts, you know, it because we go back and track every video and every markets in the morning, that the thoughts have been that we're building the bottom throughout here.

So, of course, it's been the time to focus on all coins. And the things uh I've been paying attention to is is trying to run all the data and say, you know, developer activity, where are they located at, right? um top 20 by market cap percentage drawd downs going back and analyzing these things um utility and then of course you know I think one of the hardest things that people don't wrap their head around is that and then you know a lot of people get their information by just listening to influencers and I get it cuz like here I am I'm a YouTuber right like Um, but you know, just because a blockchain is busy, right, does it mean the token is necessary, right?

Um, I'm a proponent for XRP increasing the cost per transaction. Um, because the transaction fee, I think it's like uh 0.00001 0 01 XRP per transaction. I'm fine with it being 0.01 XRP per transaction because that's still essentially nothing, but it would 100x uh the amount of token burn that would happen from transactions compared to what we do. cuz I think what we right now I don't want to give you a bad number but I think if you even hit 1,500 transactions per second for 24 hours a day 365 days a year.

I think that would only burn like 400,000 XRP in a year. I can't remember off the top of my head. Um, so I'm a proponent for increasing the fee because it would be nothing, but then you could turn that into millions uh that are burned every year. And I've talked to a couple of people about that. And uh so I think if that ever gets proposed, I don't think there's any reason to not be okay with it. Um but you know so of course you know over the last several months I've spent a lot of time saying you know when a blockchain is busy does that automatically mean that the token goes up due to some type of value acrruel mechanism and you know there are several coins in this space where it does right and uh in my most recent newsletter we go through a lot of the stuff we say look how are we doing based off of here cuz while we were down in And we spent a lot of time looking at this stuff, developer activity, percentage draw downs, top 20 by market cap, utility, and then value acrruel mechanisms uh for the coins.

And so if you want to go back and read all that stuff that are in the past issues, which are all audio recorded, I voice record all of them after I read them. Check it out at blockchainbackard.subsacks.com. There's a a nice little plug. But outside of that, you know, you have this other sector in the market, right? You've got ones that don't necessarily need that like Bitcoin, right? Bitcoin has a monetary pass, right?

It's not like there needs to be that there needs to be this value acrruel mechanism that happens in there cuz it's got, you know, it's money, right? It's not necessarily this blockchain being used to do these things. It's just money, right? Then you have the same thing with Zcash, right? And so you've or Bitcoin Cash, right? These are like monetary pass coins because they don't fall into that same bucket of trying to create this like utility blockchain rwas, you know, trading meme coins and decentralized exchanges built onto the ledgers and things like that.

And uh you know, in past cycles, you know, we occasionally have a coin, you know, you have your your ridiculously ridiculous pumped coin, right? Like in 2017, the ridiculously pumped coin was XRP. Uh for 2021, the coin was what? Dogecoin. In 2025, 2026, the coin was Zcash. So I said to myself, what's it going to be, man? What's the next one? Dang it. I'm like telling myself, don't talk about altcoins. And now here I'm like, set it up like it's going to be the next Dogecoin or Zcash or something like that.

Um, but you know I don't want to the thing is I don't want to like uh talk about coins where I have to like give you all of this like value acrruel mechanism stuff but if we look at things from the lens of saying you know what's the monetary pass coins they're Bitcoin they're Zcash they're Dash they're Monero they're Bitcoin Cash and they're they're Litecoin right and so I've been digging through those right I I can't find anything I love about Dash I Zcash, right?

Like it went to the 4.236 extension on the market cap. It did a 45x for me. Boom. That's it. I'm out. I get it. It's It's gone up another 2x, but I can't chase that. Like, it's just not in my wheelhouse to go do something like that. Uh, Dash doesn't excite me. Bitcoin Cash doesn't excite me. Bitcoin, I got it, right? I got a nice healthy bag of Bitcoin, but it's not like the thing. So, then you're kind of left with these other monetary pass ones.

And then you're left with Litecoin, right? And like Litecoin, it's like that's the it's a coin that's been irrelevant for nine years. Um, but it has this monetary pass to it. Uh, where the value acrruel mechanism isn't really necessary. And then like it also has the meimblewimble like the um like that's a real term. I didn't make that one up. That sounds like something I would make up but I didn't. Uh, you know the privacy layer to it, the side chain to it.

And I just started kind of looking at the chart. Um, and I just saw things on here that made me think, "Oh my gosh, is is this all like and not just to say about Litecoin, but you know, we we went through a bare market. We went through a lack of breadth uh market cycle last cycle where there was just this really big consolidation into large large caps in the United States stock market and we just couldn't get markets to escape uh in the crypto market.

We know that that total three right couldn't get an escape in here. This is the first uh non-expansion cycle to happen in here. Uh, but then I started looking through these different things and I'm looking at Litecoin and I just can't take my eyes off of it, man. And it's driving me nuts. And I'm telling you right now, in the future, if any of you guys ever super chat me about Litecoin, I will ignore your super chat.

So, don't don't do it. But this chart is ridiculous to me uh when I look at it that it's like the exact same of a full-blown consolidation in here. you know, typically you don't have one coin go do this. It, you know, it sets optimism for the whole market if something like this is like around the corner for the crypto market. Um, but it's just a 9-year consolidation throughout here that eventually capitulates like 2022 and capitulates and then it enters into this WOFF accumulation that happens throughout in here.

And this phase in here, I was monitoring it but not talking about it on the channel. this phase throughout here because it's looked just like what people didn't believe in in the last cycle which was Hold on. I thought I had the chart. I don't have the chart. Binance coin, right? This was a perfect YOLOff accumulation. There's your spring, right? Take out the low, right? And then push your way back up and then eventually go and that's full-blown Wyoff.

And that that's exactly what we have in here. Right. They're back. Where's my where's my Binance coin chart? Right. Right. Um and that this is exactly what this entire range for XRP did. Now, this is a multi-year range. This is a 9-year range on Litecoin. And like I I get it. We're talking about Litecoin. This is the dumbest thing you could talk about. Absolutely nobody cares about Litecoin. Like it Litecoin's like a joke.

But it's like I've bought some Litecoin. I I see a setup on Litecoin. That is like the end of a massive range setup. And then you got all these people who Zcash is the same. It's the same leng it's, you know, same age, right? It's years old and then it skips a whole cycle and then goes for one. It's got a it primarily Zcash isn't it isn't private. You have to implement the privacy feature. Litecoin has the same thing.

Litecoin's like the silver to Bitcoin's gold and then you've got like the say like Litecoin was like one of the originals. So I don't know man. I I it's a stupid stupid thesis on Litecoin in general outside of like that the masses and the OGs would feel safe in Litecoin. Um but I also technically like not technically like oh I well if you believe that and technically it's true. I mean technically like technical analysis I see a full-blown completed range that had a woff accumulation ending with a spring phase to conclude the spring to conclude the range.

All right. And and I'm not saying we won't pull back to like 50 bucks or something in here and like this thing is going to take off tomorrow. But is it the next Doge, right? Is it the next Zcash? I don't know, man. Uh, but it's the dumbest the dumbest coin I'm FOMOing. Uh, I've definitely have bought lots of coins. Uh, and and really focused less on so hard on the monetary pass coins, but really more on the value acrruel mechanism stuff.

Um, but I have this really weird feeling about Litecoin this cycle, which is it sounds so dumb to say it. Um, does anybody see what I'm seeing? Like, you guys see it? Like, am I crazy? Like, I know I'm not crazy. I know I full-blown see why cough accumulation. Like, I see it plain as day. That's your spring, right? What do we always talk about, right? Then you set the next low, right? I know. I see it. Um, like I get it, right?

Like you look at these and you say, "Ah, one, you know, one went higher than the other." That doesn't matter. It's just range structure and it's it's price behavior, right? like this thing obviously gets carried away higher um but then it goes for the bigger push. goes for the bigger push and then this is the breakdown of capitulation, right? Uh this is the breakdown of the capitulation and then that's where it range builds from with a woff and a spring conclusion right selling climax right secondary test secondary test in phase B resistance spring conclusion so I don't know it's been a long time since I put my name on like being interested in a Litecoin which I in a altcoin on the channel.

Uh I have I own a stupid amount of altcoins. Uh but this one I've been staring at this chart for like three or four days and I haven't said anything and I can't contain it. And frankly, I'm hoping uh to be able to load more at 50 bucks. Um I do have 2.5% of my portfolio in Litecoin. Um, but I would be I would be open to increasing that. So, uh, don't follow me blindly. And if you super chat me about Litecoin in the future, I'll I'll thank you for your super chat.

I just I don't want to go down the path that we always have, but I don't want to leave you guys in the dark if I see something that I like I can't take my eyes off of it. But like the thing is too about this is that what I'm hoping is this is not just about Litecoin, but that this is telling a story of the whole market because it is extremely unlikely for an event to occur for this coin and the entire market not be participating in it.

It doesn't happen. You know what I mean? Like there's never just like I talk about with XRP, while your favorite influencers are shilling you $1,000 per XRP, which will never happen. And if you're holding on to your XRP till it hits $1,000, I promise you will die with your XRP because it's never happening. Uh you will be stuck in this frustrating loop of why am I never hitting $1,000? Because it's never going to happen.

You're just being sold something by influencers. Every bull run XRP has ever been has been in an alt season. It's never been an isolated event. Um, but also that would that would mean this is not an isolated event either. This would be a broader environment thing happening in the cryptocurrency market in general. And so like maybe I'm you know this could possibly just be used as a confluence signal for the entire market that there's a very clear structure of a 9-year range that is built in here.

Gosh, almost nine and a half years. Um, dang. So, uh, again, you know, I keep talking about these things that I think this market cycle will be different from the last market cycle. Um, because there's not that breadth struggle that we had in there. Um, I think we have a much higher chance to get a true expansion in the altcoin market unlike we did during the last one. And during the last one, people couldn't believe it.

You know, how you know, how could how could you possibly be selling crypto when we haven't expanded from a new high? That's probably the dumbest thing ever, right? And like it like you can understand why people would think that, right? Like we bucked up against it. Here we go. Now we're finally going to escape, right? And so that's that was the thought process of people in there. But there was this huge breadth problem, right?

There was this these other issues going on in the market that I don't see this time around. Um so without creating ridiculous hype, I just think we're going to have a better alt season this time. Um, but I have to also uh come back down to reality and not be the hype influencer and say it doesn't seem like we're in that right now, right? Like that's not that it doesn't seem like we're in it. We're not in it, right? We're we're in a a market repricing itself, but we're not in an expansionary alt season.

And that's just obvious by the Bitcoin dominance. And so whenever that does come, we'll obviously highlight it. And but I don't want to build this false sense of saying we're about to explode next week. Um but I mean obviously I'm very excited about the market, right? Like we went through some stuff, guys. Like we went through some stuff down here. Um and I'm spending I've spent more time over the last several months just really diving into the altcoin market and really trying to understand it.

And there's some coins I won't touch, guys. Like there's some coins that you guys love um that I won't touch because they don't pass the monetary they don't have the monetary pass and then uh at the same time their value acrruel mechanisms are very poor. Um so um I've focused a lot on value acrruel mechanism and then you know looking through what has monetary pass. Uh that's been the interesting one because that one's so speculative, right?

You have to you're just kind of guessing less more so with monetary pass coins that are ones that are like money than things that actually have value acral built into the blockchain where you know the higher the utility is and the higher the activity and the volume is on chain uh that it creates kind of like a flywheel effect where that uh also that extra utility and volume uh also at the same time is built into the blockchain to increase token demand, whether that's burning tokens or token buybacks or whatnot.

So, okay, that was a long ramble and I'm now at 40 minutes, like a 20 minute old coin ramble there, but okay, there you go. Okay, news. The Trump Z Summit puts AI safety talks on the table, but neither side wants to slow down. Trump Z meeting. Why China's self-sufficiency changes the caucus. Soybeans, planes, and rare earths. What they say about the US China trade truce. Nearly 10% of borrowers opted for riskier mortgages last week as rates soared over 7%.

And McDonald's will spend big on restaurant upgrades, trading to drive growth. Okay. Uh, BitMEX ends crypto trading, keeps withdrawals open after closure. Zcash's November upgrade could freeze funds in legacy sprout pool. Bitcoin ETFs take in $1.7 billion in two days as Bitcoin tops holder cost basis. Here's what happened in crypto today. US Treasury Secretary emerges as frontr runner for Trump's AI ZAR role. malicious iOS app, FOMO peak, linked to $580,000 in crypto theft.

Zcash gets its first European ETP following US ETF launch. Cryptot Metric signals alt season as Bitcoin market cap share stalls below 60,000. This is what I was talking about earlier that no, it's not. It doesn't signal it. We're seeing a repricing, but not an alt season. You know, if we see signals of an alt season, dude, I'll I'll say it right away. But we just don't have that, right? We have the breadth open, right?

So, like we could sit there and say, "Oh, yeah, but the breadth is open." Yeah, yeah, yeah. But, uh, no. Okay. Uh, clarity vote failure could stoke more crypto pack spending in key races. Uh, who gives Oh, two rats. Who cares? Literally, that was the last video I put out uh before I had to take some time off last week. Like, I was going back cuz I had to edit my thumbnails and like the the thumbnail says, "Don't sweat the clarity act." Right?

And I was like, influencers probably pray it doesn't pass to give them something to dangle the carrot in front of you for longer. It don't matter. Right? Clarity clarity fails. Boom. We break the 50we moving average. You're learning a lot of lessons here, man. And I know I sound like a jerk, but I'm not. I'm just I I think what I'm just trying to be is dramatic and in your face to kind of like shake you and wake you up a little bit and say, did that thesis hold true? that a narrative you were holding on to and that was being perpetuated to you matter.

No. Did sailor selling the bottom, literally the very bottom signal we were going to go to 40 or 50k or was it the most bullish signal you could look for? Right. Did STRC D pegging was that bearish or was that our USDT dep, right? And that was the things we were talking about. We're like, you know what, my thesis is STRC is our USDT DPEG of 2026, right? And so, like what you will find is that your narratives and if you're paying attention to them will never help you.

And and so people were looking for narratives in here to tell them to be bearish and you weren't going to get them. Uh the narratives of bearishness show up down here, right? What do we have? We have war start, right? all your all your various narratives. You have Bitcoin treasuries like CEOs stepping down, sailor selling, some shutting down entirely, right? Like you just don't get your positive stuff at uh at the bottom to give you a clean entry.

You're always going to be terrified at the bottoms and sometimes you just have to kind of close your eyes. Um but who would think? Who to think that to break through the 50week moving average the narrative would be clarity failing. Okay, I'm over here on my high horse again. What am I doing? Where was I talking about news? Oh yeah, clarity vote failure could stoke more crypto pack spending in key races. Uh, I thought the funniest thing about uh the Clarity Act failing was that it was XRP influencers telling you that clarity passing was the thing that's going to moon XRP.

And then the second it fails, it's constantly XRP is the only one that has clarity, which is what I said before the the clatcher vote. I was like, why do you care? Doesn't it like give XRP more an advantage to have be one of the very few with actual clarity? But notice how they can swap their narrative so fast. That's that's spin. And if you don't notice the spin that happens in this space, it's constant. It's constant.

There's over 2,000 people watching. I'm just over here being a jerk. Yeah, we got 288 people in here. If you like the real content, hit the thumbs up. If you don't like that I'm telling you you'll never get a $1,000 XRP price, hit the thumbs down. I'll report back to you on how many thumbs down I get. No, actually, I can I can never tell anymore. YouTube made it so we can't tell anymore. It used to it used to be where it was only hidden from the public uh where we could see it.

Uh but now I don't even get to see it on the back end anymore. So, it just counts as an extra engagement. So, I don't know. I will not know how many thumbs down it. But if it drives you crazy, go for it. It gives me engagement. So, okay. All right. Skype. Hi. Bye. Thank you. Yeah, you you got I'm going to have to turn off the desktop audio if you guys keep going with it cuz you guys know the one that triggers it. And now I got 2,000 people being like, "Ah, what was that?

My boss just heard me. I'm over here like listening to this dingus guy playing a frog in the background. Right. >> I'm trying to get my DJ on. Here we go. Let's try again. All right, I'll stop. It's a good day. It's a good day. It feels good to be back. I hope everybody is doing well. I'm going to go ahead and hop into the chat and stop being too crazy. You got to do the chop and screw version. Yeah. So, that's the I believe that's a 1.5x speed or is that point maybe five speed.

So, all right. I can't see anything. I can't see any of my viewer activity. I'm going to refresh the screen and we'll see what happens. Uh, while I'm waiting for that to happen, of course, before the stream even started, uh, Chief Tane uh, had hooked it up with 50 memberships before the stream even started. I'm always incredibly grateful for that, sir. Man, you are the absolute man. He does that within like one minute of me even getting the waiting room open.

Uh, I don't have that expectation if you've ever, but man, I'm so grateful for you. Thank you very much. And Skyh High by uh did the exact same thing. He had gifted 50 memberships. So, if your name turned green suddenly this week, thank those guys. Thank you guys very much for your support of the channel. I I really appreciate it. But we're we are now at the stopping point of like uh anything informative on this channel uh in during this live stream.

It is now just kind of goofball city hanging out in the chat. So, let me go ahead and hit this button to confirm that it is that moment. It is Wednesday. It is Wednesday, my Wednesday. All right. So, let's let's let's do this so I don't mess up again. I had to do that cuz I hate it when it like starts like playing some like music or something like that. Okay, Bassam Eladry um asks, "Hey BB, can you guide on F market cap fib?" Okay, I'm just going to use this as just like a learning tool here.

All right, type in F. Go find the market cap. There's the market cap. All right, take everything off here. You just go simply like that there. That would be a $2 trillion market cap. If it went a full 4.236 extension of this entire range, that would be a 541% increase. If Ethereum did a 541% increase from its current price, that would be approximately $17,000 per Ethereum. Now, influ Ethereum does have an overall inflation rate of about 0.8% 8% annually and that is does also depend on how much burning is happening of Ethereum but currently right now last time I checked I look at ultrasound money it is 0.86% 86% currently annually and that's kind of where it tops out.

It doesn't it doesn't really get more than that. Uh so the thing is that that could go down uh based on you know if main chain is having a lot of you know NFTTS or activity on the actual main chain rather than the layer twos like Robin Hood chain or you know arbitum and base and all that kind of stuff which does use uh Ethereum as the transaction fee but it's just very small right but currently 0.86%. So what does that mean? that that means that it would probably be a little bit lower than that if you went for a full-blown 4.236 extension on the market cap.

So, I'm not going to do that for all altcoins. That was just to show people how you can try to find what the price would be based on the actual market cap. And then also, you have to take into account that there's inflation. So, the longer it takes to get there, this will probably shift down, which simply just means every couple months redo your measurements. And that'll kind of give you an idea of where you're at. So there you get to go back to total and live there.

Okay. Uh with uh X speed spec with the remaining 20% of your cash reserves, what are you planning to put the rest in or start adding 1 to 2%. Yeah, it there's just no clean like without there being something of it being like let's just pretend that we range here, right? without there being some clean like bam liquidation or something like that. It's hard to sit there and just do a massive chunk like I was doing in here.

In here it was just a 25% chunk. In here it was like 2% per day for like 12 or 13 days. And then in here it was just 1% per day for 30 days. Like there was just no thinking about it. It was very simple in here. So in here it's like yeah I've been like grabbing some some stuff that isn't like firing straight to the moon that like fits my criteria. Um but and so it's just been really really really slow of like nibbling at certain things.

Um but for it to be a moment where I will just like slam the last of it. Um, I would need something real clear just like a range being built and then a liquidation to end the range and that everybody is suddenly screaming for lower. At that point, I probably say, "All right, that's it. We're all in." Um, that moment could come earlier than that. We are now in an environment historically, anytime you get beyond here, dips are for buying historically.

I mean, if your time horizon is, you know, it's very hard to predict time, right? And so historically time horizon, right? A twoyear time horizon, two and a half year time horizon from this moment, you typically end up fine, right? Um doesn't mean in four months from now you're not like sitting in pain cuz you know maybe you're here, right? Um but just dips are for buying, right? And you know, if you can get something clean, like if you can get a 200 day moving average hit or you can get a 50week moving average hit, um I I just wouldn't be surprised if it just came out one day in some type of dip and just said, "All right, that's it." I just I went ahead and tossed the remaining of it.

Like there's certain like I I bought a lot of coins. There's like a couple coins in particular um I would buy, but they have run away on me unfortunately and gotten away. Um, I would have added more, but they got away. Uh, so I'm I'm hoping they have a 30 or 40% pullback, but it's who knows if they will. Um, but now, you know, paying attention to stuff, having a list, you know, right now like is is where you just you're going to have to have some conviction on everything.

And, you know, that's the thing I've been telling you about. And like the best thing to do is to uh understand the market. I I think you know when we go into these things even if we have some full-blown alt season I don't think everything is going to take off. It's going to be similar to what we've seen in the past where there is some stuff that is just utter trash. And you may not think that because maybe you got a lot of people screaming that it's good and stuff and but you know there's a there's some interesting behavior out there on like how some coins are reacting very well and some coins are reacting very poorly and and I think there like if I just give any tips it would be just like study percentage draw downs who has an underlying bid and then But what blockchains have a token demand mechanism built into them that forces value acrruel for that token.

And uh I think you'd be in a better spot. I think your odds would probably be improved than listening to what influencers and people on on Twitter or even me um with my dingus litecoin discussion here. Um, I just, you know, you'd mentally be in a better spot. And then you can have a list. I think everybody should just have a list. And that's the thing. I don't I don't want to give you some list of coins because I know how that goes, right?

The reality is if I had a list of five coins and if three of them did very very well, uh, that would be extremely successful. That I mean, dude, I'd be jumping for joy. And anybody who has been very successful in this market would know that would be considered crushing it. That would be great if you had three coins that did very good out of five. And so I I'm in the position where of course if I talk about five, the only thing I'll hear about for years is the two that are struggling.

And um that's where I'm at. And that's why I just don't want to be an altcoin guy uh altcoin picker, altcoin everything. And I know I know you guys want that. U but you guys don't have conviction. Uh so my main focus has been you know creating educational pieces in the newsletters to try to say here's how you can understand all coins and here's how you can build your own conviction and understanding the value of cruel uh mechanisms.

And then you know you have this other little subset right you got this monetary pass group that's kind of like the wild card uh and it'll be interesting on those. So, okay. I have not gotten far. I've not gotten far at all. I'm only 5 minutes into the super chats and I'm already almost at an hour. So, I'm going to go a little bit faster. I spent more time rambling in this video than uh hanging out in the chat, but I do not want this to be a two-hour live stream.

So, I'm going to go pretty quick. Uh all due respect to you guys. I appreciate super chats very much, but I'm going to try to move through it pretty quick. Uh, Texas TCG says, "Hey, BCB, I've been watching you since 2019. Do you have any insight on VVV? No particular insight." I I know I wrote about it. It like fell into some category or some group several newsletters ago. Um, there's just so many tokens, but I do recall VVV like qualifying on a list of some type of positive metric.

I can't remember what it was at this point, but no, I don't have any insight. Uh, but I from what I hear, what everybody's screaming on, it's doing well. I don't know. Uh, Chu Wen Farm D says, "You're only uh the only few honest in the space. big X accounts held the whole bare market and now say midcycle correction. Yeah. No, this this was a full-blown bare market. Like I mean like here's what h like you have to understand what it's like to be an influencer in the space or to have a large uh ex account.

Uh if you get wrongfooted at the top and then you get wrongfooted here and then suddenly you're here and by the time that's done the damage is done to your portfolio to everybody who watches everybody everything. The damage is super done, right? There's no coming back at that point, right? Um it's painful, man. It's a learning it's a part of the learning process of going through it. And so like, you know, gaslight, gaslight him.

Hey, don't look at your portfolio. It's it's down 80% but it's not a bear. Uh, you know, and just uh you the I I do think that people who say this wasn't a bare market, I do think that they're insulting their audience. I think they're uh telling you audience that you're stupid. Um and that I think you're stupid and I think that I can say these things and you're so stupid you'll believe me. Um, but you know, when the price is down, uh, lower than it was 2 years ago, uh, that's a bare market.

And, uh, essentially what we're doing, if we're if we're not calling it a bare market, uh, then we're essentially just redefining what bare markets are, which means we would say 2022 was not a bare market, right? Uh, so we're just redefining things. Um, but I do find it insulting, dishonest, and uh, it's definitely you will only hear it from the people who were massively bullish at the peak of the market, massively bullish the whole way down, and then the market capitulated, and then we've got to reframe what everything is.

We can't define it as a bare market anymore. Uh, we have to define it as something else. Uh, but it's dishonest. Uh, Gabe, owner 589 says, "Don't forget to tickle that like button, everyone." I like it. I like it. I don't know how many likes we have. We have 600. We have 767. We're getting closer. We got to hit to a thousand. I appreciate everybody's support. All you have to do is X out the chat, hit the like, and then just hit live chat.

It takes less than 3 seconds. Uh, Jaxer, Morning Pops. Uh, why do you give your alpha away for free to an audience of frog bros instead of running some hedge fund on Wall Street? I don't know. What am I doing here? I don't know. Somebody getting me in contact. No, I'm just kidding. I enjoy what I do. I enjoy my life. I love the way everything goes. uh how it all is, you know, making videos, writing newsletters, coming on here once a week and goofing off with you guys in the morning on a Wednesday and playing a frog.

And I joke about it like I'm in my 40s. Uh I live near a bunch of successful people who have like real jobs. And then, you know, I'm the guy on the street who plays this frog thing. Uh but also, I'm too domesticated at this point. Uh, I'm so domesticated that, you know, I've gotten offered sponsorships that are massive just in this last month, life-changing size sponsorships and uh by very reputable companies that have TV commercials that you've undoubtedly seen their commercials on TV.

And uh, one, I don't do sponsorships on the channel, right? But, you know, everything has a price, right? like if somebody shows up with like a stupid amount of money like ah you know where's that line right where does that line get crossed um that I've got there's been numbers close to it uh but anytime it even gets thought about or entertained I I'm just too domesticated. I've been self-employed for so long. Um I don't mind coming on here and saying that $1,000 per XRP is a grift.

Um, I don't mind coming on here and telling you that you're being duped by the Clarity Act stuff. I don't mind coming on here and talking trash about anything. Um, and I have this unlimited freedom by not having sponsors. Uh, the only way, you know, the the things that can happen, of course, is you can unsubscribe or, you know, if you subscribe to the newsletter, you can unsubscribe to the newsletter or things like that or, you know, um, and my viewership goes down and things like that.

But I I that's no problem. I I mean like I can live with that. But if I have a sponsor, I don't think you guys understand truly how chained and shackled influencers are that have sponsors. um that there is this forced bullish constant narrative because the sponsor needs to see results. the affiliate links need to get clicked. And I don't think the general public knows that or understands that that you know the the hype gets so extreme that we're at this whole $1,000 per XRP stuff.

Like like $10 wasn't good enough, $100 wasn't good enough, $5.89 the meme isn't good enough. We're at $1,000 now. We have to push the hype to the absolute max extreme because if we don't create this sense of extreme hype and optimism, will the sponsors get their results? And I'm speaking to you very honest. I've had sponsors in the past. I haven't had a sponsor in over four years. Um there is a a shackling that happens to the influencer when influencers when they have it, they have to create constant hype.

And I'm just telling you that because I'm on the other side of the screen. Uh, so you know, you're talking about hedge fund and they're kind of joking around and stuff like that. I'm too domesticated. I couldn't go work in an office. I couldn't I couldn't have a boss. Uh, and frankly, I think of sponsors as being my boss. And so that's why I don't have them. Uh, you know, BCB, we don't like that you're coming on here and kind of talking talking trash.

Uh, we don't really like that. Uh, we noticed a down tick in total signups for our exchange today. Can we potentially change the messaging a little bit? Uh, too domesticated. So, all right. So, why do I do it for free? Well, you know, it's not like I don't make money. Like, let's not pretend. Let's not joke, right? I mean, I get ad revenue, right? If you guys sign up for the newsletter, I make money. I Yeah, I got enough to live.

You know, I'm good. Uh, Ry Dog, did you notice how close silver's fall from the top in 2011 is following the fall from the recent uh top of 1220? Do you expect there to be a longer bear like we had after the 2011 top? Also, thank you. I don't think it'll last as long as 2011. it. People don't understand that like silk metals move very slow and then what happened in 2025 was just amazing. Um, but I've had this channel been making content since 2019.

Uh, we had to wait 6 years before we ended up getting that nice move there to happen in silver which lasted for a year and it's probably a couple years of just kind of chilling out and ranging. um crypto people aren't really used to that and because you know we're so attracted to a $1,000 XRP or we're so attracted to alt seasons um or anytime there's any type of movement in meme coins people flock to meme coins to try to get overnight wealth and but that's not just a crypto thing that that's a human nature type thing and but like I I think about it like dude if I am ever going to put any money into precious metals I literally have like one I don't even have a time frame but I definitely don't I have this time frame or expectation that it's less than 10 years that I'm having to like keep my money in there.

So, it's like long-term store of wealth, like literal store of wealth type stuff. And but I, you know, I would expect, you know, silver, it's like it did this 45 year breakout, right? It stuck underneath that 48 bucks for 45 years. And, you know, it's just back. It's just trying to build a support on top of that level. And I don't know if it's going to take a year. I don't know if it's going to take three, five, how long it's going to take.

Um, but I think we'll see probably about a $200 silver at some point. Will it just take years to get there or some type of craziness in this rotating top theory? I don't know how long it'll take. BM Hobbs member for 39 months. BCB nails it again. I I relay your TA predictions to anyone who will listen and everybody thinks I'm a genius now. Thank you for all that you do. Uh well, you know, you have to give yourself credit.

I right all I'm really doing is relaying the data that I I can in every way, right? without trying to create hype and I just try to build this case right on this this this and like data and like for some like we I sound like such a jerk but all I'm really trying to do is wake people up and you know when people lock into this thousand and I keep mentioning this thousand XRP stuff because at the peak that the people I was getting bashed bashed you know I was getting absolutely annihilated and abandoned um on social media uh with, you know, everybody believed we were going to hit $1,000 by the end of the year on XRP and I was like, "This is insane." Uh I had my own family members who believed this.

They know I'm BCB. They know it. I'm like presenting the case. I'm like, "No, you're crazy. Don't do it. Don't do it." You know, um but people get caught in their cognitive dissonance, right? they get caught in uh their political stuff, their sport team stuff. And so the only thing I'm truly doing here on the channel is I'm not giving you narratives. I'm not giving you extreme hype. I'm really just trying to find all the data and build a confluence picture for you.

And either that resonates with you or it goes against your cognitive belief and then you just don't watch. And so if you had an open mind to just say, you know what, I'm going to pay attention to the data. I'm going to pay attention to these things because these things all make sense, then you know, you're the one who deserves credit because most people don't. Most people don't. Like you saw it like people didn't pay attention to any of the data down here and and that's why most people thought we were going to go lower.

And so you didn't you paid attention to the data. You cared about the data and you made that cognitive decision to say that's important and so you deserve the credit too. Um I'm just fortunate enough that there's enough people out there who care about that and will listen to me, right, and help me get my YAD revenue to, you know, do this full-time. So, but you deserve the credit cuz you listened, man. Uh, I just do the job of trying to put the whole picture together for you.

But thank you, uh, Wigman Pool. Uh, thank you for being UBCB. You have been my guiding light through the years of darkness in this space. My bags were packed at 63. Now, let's enjoy the ride. Thank you, brother. Jay King, is a pullback to the low 70k still plausible on Bitcoin? Is 1.24 the low on XRP? Can XRP go above $2 on this current move? Always appreciate your tick. That's a lot of questions, brother. I don't know if I can answer all of those.

Uh, as for Bitcoin, I I'll hit that one. Uh, low 70ks, I doubt it. I doubt we get low 70ks, but it's not impossible. And let me do this. I'm put a line at 70K. I would much more favor that there's ranging all throughout here that's really just going to be scooped by this 50we moving average. Um however you know you do sometimes see that we will wick that 200 day right so currently that 200 day does sit there just above 70K right at 70,700 right now that would cause it to you know shoot right back down through that 50WE moving average to go and do it.

So, I'm less less inclined to think it would. I would be more inclined to think we will build some type of supports here on top of the 200 on top of the 50week moving average as it tries to come in and scoop it. Uh, which could which you can kind of see how that would look and and why I keep like a range could just totally build throughout this area, right? And that that would make logical sense that there's a scooping that comes in and happens in here for it to happen and do that.

Um if it hits the 200 day moving average and has some crazy move like that one did. Yeah, it's possible. I just wouldn't I my gut doesn't favor it because it would require absolutely annihilating the 50we and I just don't think it would. Tactical pew pew says, "Have you deployed the last 20%." And I haven't deployed. No, it's I can already tell it's not going to be like these ones were where I just could do one shot here.

Daily auto buys of 2% here, daily auto buys of 1% here for 30 days. It's having to like pick and choose little nibbles here and there. And I have been doing little nibbles uh here and there. Um but no, I still have cash for sure. Um, but it's it's not going to be like the last ones were because this is much more unfortunately dangerous. This is a lot harder and there's much more risk of downside, right? After we've gone up for a little while, what's the most dangerous thing is that we go back down, right?

What happens to most people psychologically is we go down and they perceive it, oh, now it's really dangerous. I better sell cuz we're going to go down more. when really the the dangerous time is after we've gone up, right? The most opportunistic time is after we've gone down. The most dangerous time is after we've gone up. So, it's having to be really careful, really slow, and be pick and choosy. And but I haven't hit a moment where I'm like, "Ah, that's clear as day all in." Um, and and like like to be completely clear, if this market rampages to new highs and I don't and I have just a big fat bag of cash sitting on the sideline, I'm good, man.

I did it during the hard time and got 80% of my cash in there. Uh, that was the most important thing. Um, the hard thing is for those who didn't do anything in here but sold it and now you're met with that again because I talked about this psychologically before this rip happened right in here. What occurs, right? The capitulation phase forces selling, right? You know it. It's like we even went live. I'm like, this is it.

We're in the capitulation. We did a live stream during the thick of it. Then the price goes back up and optimism returns. So they buy back in, right? They sell low. They buy high. They sell low. Now they're forced, right? And so what happens in here? Well, I'm not going to make the same mistake again and buy high again only for it to roll over again because we're still going to go to the October, you know, October low thing is going to happen, right?

But then what happens? Boom. We break through the 50we moving average. It's like, oh gosh, I sold low. I bought high. I sold low. I didn't buy. Now it's going higher. It's terrible. I know I'm laughing, but it's because that's what markets do. It's a psycholog It's a psychological mind f uh that you have to do it when it's uncomfortable. Um, so I I feel bad for everybody who's just totally trying to find their main bag entries right in now.

And it's very it's very tough to make main bag entries in here. It's got to be very pick and choosy. And that's why I'm spending time going through individual altcoins and things like that trying to find stuff that I think is interesting uh on a longer on a a cycle sized um setup um or when it comes to um value acrruel token demand mechanisms. Uh because I think some some people are not going to be able to make entries on price.

They're gonna have to make it on some type of conviction and that's going to be really hard. So, I don't know. I'm We're getting too far into this. We're at an hour and 16 minutes, so I feel like my brain's starting to to go mushy. All right. Uh good for you uh for taking a stand. Um if someone gets upset because you got one wrong, they can be a big boy or girl and shut it. Thank you very much. Yeah. Well, you just have to understand that people are it's kind of crazy in this space.

Uh DJ Mr. Nobody says, "What are your thoughts on how the ETFs perform? Will they do a full extension if the related coin spot price does?" Example would be LTCN versus like I don't know, man. I really don't know. the uh oh hold one thing. Yeah. So the thing is with LTCN that's also that isn't an ETF, right? That's the Grayscale Trust and those things are nuts. Those things like almost make no sense at any point. Oh, this is kind of cool.

Let's see if it It's so delayed. I can never tell. Hey, can you type in the chat? Is anybody watching this live stream from like the shorts section? I doubt it. You know what's the problem is I don't know how to make shorts with what I do. I could make shorts, but like I literally have the type of content that requires the landscape view of a phone. A BS8 BS89 says I am okay. But Mr. DJ DJ nobody uh I I don't have an opinion on the ETFs.

No. Um but especially not the Grayscale Trusts. Alberto takeover, I know you're not a fan of people asking about specific assets, but I also know you're interested in metals. Do you have any thoughts on palladium or copper? I don't have any thoughts on either one of them, actually. No. Uh, not that I'm against them. Uh, just like I I think of like metals as like obvious like gold is Bitcoin, everything else is an altcoin. like literally right um and so like once we start getting into palladium platinum all the other ones I don't know so I I appreciate the super chat but no there's no specific thoughts on them and also I'm getting so deep into this at an hour and 20 minutes my brain's not really functioning to be able to to go through them too heavily.

I'd appreciate it though. Bonkers 4xp over 2K watching only Oh man, that was What time was that at? Oh my gosh, I'm still so far behind. Uh, Sky by, hi. Thank you. That was when he made the the noise come through. Uh, Brian Chavez says, "Condolences to PTW and family." Thank you, BCB. Thank you very much. Uh, Skyh High says, "Light tight and bright the generous super chat." Thank you, brother. Uh, Ripple Reverend says, "Thoughts on HAR?" Uh, love you, Habibi.

Uh, now no thoughts on H bar. Uh, Altcoin Artisan says, "Historical crypto market cap up or down during November primary something to look at. Again, you're trying to predict time. You're trying to to do timing things. Um, right. Like this is the primary, right? This is when primaries happen right in here. Uh but also where FDX collapses. But you could just see where we were within the market at that time. Let's go back to total because I have all those things written on there.

Right. There we go. Right. That's this phase down in here. We're so past that just behavior. Um I just you know the I would say the most interesting thing pertaining to timing. Okay. And the most interesting thing pertaining to timing cycllically throughout the market has been the presidential election. That has cycllically been a firing moment no matter who wins. No matter who wins of the crypto market rampaging for some odd reason, right?

Along with macro, but thank you. Uh, Xenogen says, "If you were to buy Litecoin starting now, would you buy where it is or wait for a pullback to 50 to 55?" The argument I could make would be about 50 seems like where it would be like logical. Um, but you know, you're playing with peanuts in here at this moment. I mean, you're down from whatund 137. You know, you just don't. And this will be the only Litecoin super chat I'll ever acknowledge in the history of all time.

Okay? Understand what you're doing. If you're even thinking about it, you'll never get a response from me on Litecoin again, unless if we're at all-time highs. So, you're on your own. I'm not telling you to buy this dingus coin that nobody's cared about for 9 years. You're doing that on your own. But I'm doing it, too. Uh uh pulling back to like about you know that 50 51 buck area. Um seems interesting. So we'll see.

Okay. Uh Art with Art says, "Will XRP have the potential to be $50 by 2032?" I don't know. What would the market cap of XRP be at that $5 trillion? Wait, what is the market cap of XRP at $1,000? Like they're saying like bigger than the United States stock market for one asset. That's the hype dream being sold these days. So, all right. All right. We'll stop. We'll stop there. What do we do? check out the newsletter. Uh, thank you all for your support.

Thank you all. Sorry we missed last week as you guys know. That was just a long long life event. Um, but it feels really good to be in this new beginning of not only just life in the crypto markets and everything 50we all the beautiful stuff going on in the market. Uh, it's so nice to see you guys in a better mood in the chat and surviving through all of that stuff throughout there. So, I'm happy we made it through it together. still a long path ahead.

We still got a long road ahead of us. Um, and a lot of steps that we have to work through. Um, but I know it was difficult to have faith there from February through, you know, August that we were bottom building and then now you've just got all your metrics showing you, hey, you know what? Trust the process. Uh, that's how it pans out and everything went okay and I'm glad you stuck it through and I'm glad to see everybody in such a better mood.

So, all right, we'll give you one more frog on the way out. It was requested earlier for the screwed up and chopped version. So, I don't want to disappoint the people. How's that sound? It is Wednesday my It is Wednesday. All right. Thank you guys so much for tuning in. Thank you for being here. Thank you for all the support, the super chats. If I missed anybody, I am so so sorry. And if I went through yours quickly, I apologize.

It was nothing personal. I'm super grateful for your support. Uh I just ran behind because I rambled way too long in the beginning of this video or in the beginning of this live stream. So, thank you all so much for tuning in. Thank you so much for watching. Check out the newsletter over here that was published last week. The shift is already happening. Altcoin leaders emerge. Memecoin signal risk appetite. Market weights on Bitcoin. and history shows what starts alt season available at blockchainbacker.substack.com with a 48minute audio voiceover that I personally record.

So you can just listen to my beautiful silky smooth voice inside your vehicle. And the nice thing is I edit those so you don't get the h and the so and all that good stuff. So have yourself a wonderful day. Thank you so much for watching. If you could please like the live stream and give it a thumbs up. If you're new to the channel, please subscribe and hit the notification bell so you can be notified of when I create new content and when I go live.

As always, this is not investment advice and I am not a financial advisor, but if you ever need a pickme up or a little bit of reassurance, just remember that the blockchain backers got your back. Rebel Revan, you got me, BUDDY. HAVE A GOOD ONE.