1:59

and every day. Checking out here

2:02

we can see on Coin360 Bitcoin

2:04

is consolidating currently trading above $34,400 down

2:06

just 1% for the day. With the Bitcoin dominance

2:11

as you can see is above 52%. We have

2:13

Ether barely holding on to $1,800 while

2:16

Solana, XRP and Cardano are breaking

2:18

out and in the green. But this is just the

2:20

one day. Sometimes we've got to zoom out for

2:23

some perspective. In the past seven days

2:25

Bitcoin is up a whopping almost 15%. Solana

2:27

up almost 20% Ether

2:30

up 8%. XRP up 11% and BNB up almost 5%. Again

2:32

when in doubt zoom out.

2:37

Let's look for the past month. Bitcoin is up

2:39

almost 28% in the past 30 days.

2:42

Not too shabby for the king crypto. Ether

2:45

up 8%. Solana up a whopping 71%

2:49

and Cardano up over 20%. Can

2:52

you say bull? And checking out coinmarketcap.com

2:55

the current crypto market cap stands

2:57

tall at 1.27 trillion. We're roughly 38

3:00

billion in volume in the past 24 hours. We've got the

3:03

Bitcoin dominance at 52.8% and

3:05

the Ether dominance on the decline

3:07

at 17% even currently.

3:10

And checking out the top 100 crypto gainers of the past 24

3:12

hours we have Thorchain up 14%. We have Arweave

3:15

up 10% and Cosmos up 7.5%. And

3:20

checking out the top gainers for the past week Pepe

3:22

is up 51%. Conflux

3:25

up 42%. And Gala up 41%. Pretty

3:28

massive gains overall for the altcoin market.

3:31

And checking out Crypto Bubbles it shows

3:34

us the top gainers for the past week. We

3:36

have PLS up almost 18% along with Hex

3:38

up almost 11%. Rune up 15%. And

3:42

RLB up 12%. And

3:44

checking out for the weekly you can see massive

3:46

gains again. Checking out for the monthly

3:49

even more massive gains. And let's check out the Holy

3:52

moly! Coz is up 2,600%.

3:55

What about the market cap plus the weekly?

3:57

You can see the king is the biggest

3:59

bubble.

5:59

Ali Greer, head of America's Sales and Galaxy,

6:02

who shared the following, the flows we have seen

6:04

reflect everything that's illustrated

6:06

here in what's in the market in a listed space,

6:09

an uptick month over month from quarter

6:11

three to quarter four, interest in the calls

6:13

that we have been highlighting, and as we started

6:15

highlighting the short gamma, the noticeable

6:18

difference between Bitcoin and ETH in early October

6:20

actually was the first time we started talking about this.

6:23

It was incredible to see that play out once

6:25

we got the catalyst for the spot to break,

6:27

that it's in range and it seems to be chasing

6:29

in the spot and see spots settle down in

6:32

the mid 30 from when we started talking

6:34

about it was in the mid 25. We have

6:36

seen interest in upside now that the volume

6:38

is higher and the call scoos are a little elevated,

6:41

seeing those strikes roll out so that the peak gamma

6:43

at that time when we would assess this in early

6:45

October was roughly 32,000. Now

6:48

it's around 36 to 40,000 and

6:51

from the perspective of TA, traders

6:53

are eyeballing the bull pennant pattern. Now

6:55

this formed on the daily timeframe along

6:57

with the birth of a golden cross, which

7:00

we all know is bullish catalyst as outlined here

7:02

in the Bitcoin one day daily chart. So

7:04

for the short term, the catalyzing move

7:06

to be on the watch for is whether or not the Bitcoin

7:09

price move through 36.3 leads

7:11

to escalating pressure on the shorts. And

7:14

if this triggers a rapid uptake and spot buying

7:16

volumes as options and perpetual future traders

7:19

are forced to cover their positions

7:21

or face liquidation, essentially

7:23

one would see the aggregated short liquidation

7:25

surge as the spot volume peaks, a

7:28

process that is documented in the following

7:30

chart. And according to Alex Thorne,

7:32

the head of firm wide research at Galaxy,

7:35

the Bitcoin gamma squeeze from last

7:37

week can happen again. That's if it

7:39

moves higher to 35,750 to 36,000 option dealers will need to buy $20

7:41

million in

7:45

spot Bitcoin for every 1% upside

7:48

move, which could cause the explosiveness

7:50

in which we begin to move up to those levels.

7:53

So there you have it. Let me know if you agree or disagree

7:56

with the crypto analyst and

7:58

quoting Max Kaiser, the hype. Bitcoin

8:00

is the new, New Testament, so adjust

8:03

your thinking, accordingly, preach.

8:06

And as I pointed out here, the Bitcoin difficulty

8:08

has soared to a record 62.46 trillion. And

8:13

as we all know, as the fundamentals and the

8:15

network gets stronger and stronger, Bitcoin

8:17

just becomes that much more secure. So

8:19

it's a beautiful thing. Now let's break down our

8:22

next story of the day and discuss this difficulty

8:24

hitting an all-time high, which is a great indicator

8:26

for the network. Here we go. There's

8:29

a 6.47% increase October 16. The

8:32

Bitcoin difficulty has risen again. October 29,

8:34

the block height of 814,464. The

8:39

network saw a 2.35% boost

8:41

in difficulty, moving from 61 trillion

8:44

to a new high of 62.46 trillion.

8:47

Soon we're going to be in the quintillion range, like

8:50

the hash rate. This development has made

8:52

mining Bitcoin block rewards more challenging

8:54

than at any previous point in Bitcoin

8:56

history. But despite this increased complexity,

8:59

the miners remain unphased. That's right.

9:02

Sustaining a total hash rate of just above 450

9:05

quintillion extra hashes per

9:07

second, which is outrageous. Currently,

9:10

the block times remain below the 10-minute

9:12

average, with data indicating speeds ranging

9:14

from 9 minutes and 17 seconds to

9:16

slightly above the 9-minute mark

9:18

per block. A total of 42 mining

9:21

pools are contributing to a minimum of 3 gigahashes

9:24

per second to the Bitcoin blockchain. Furthermore,

9:26

nearly 17 pools boast upwards

9:28

of 1x hash per second of hash power dedicated

9:31

to the Bitcoin mining. And in October 30,

9:33

today, around 26 mining

9:36

pools are operating with approximately 1

9:38

petahash per second of hash

9:41

power. A mere 48 hours ago, Antpool

9:43

held the reins as the predominant mining pool.

9:46

However, recent statistics reveal

9:49

that foundry had taken the lead, boasting 27%

9:51

of the total hash, and

9:54

Antpool is following closely behind with 26.58%.

9:58

Now, together, these to polls govern

10:00

a staggering 53.6% of

10:03

the network's entire hash rate. And

10:05

over the past week, Foundry and AMP pool

10:08

have locked in a close race in terms of the hash

10:10

with Foundry slightly ahead as of October

10:13

30th with 120 exa hashes per second compared

10:16

to AMP pools 118 exa hashes per second. So

10:21

there you have it, fam. I mean, this is a

10:23

sign of the times the network couldn't be more

10:26

strong than it is right now and more

10:28

secure and it's only going to continue to hit

10:30

new all-time highs throughout this bull, as

10:32

we all know, and the Bitcoin tends to follow

10:35

the hash rate as Max Keiser has been calling.

10:37

In fact, as I quoted him the other day on X,

10:40

Max says the current hash rate indicates

10:42

that the Bitcoin price right now should be in

10:44

the mid $300,000 range. So

10:47

he's ultimately saying with this hash rate, currently

10:50

we should be at a $350,000 Bitcoin price action. He's

10:54

also calling 220,000 as the short term target currently

10:59

in play. Let me know if you agree or disagree with

11:01

the high priest of Bitcoin, Max Keiser.

11:03

Now let's dive into our next story of the day

11:06

and discuss the CME futures,

11:08

which is making big moves here,

11:11

becoming the second largest Bitcoin futures exchange

11:14

as open interest continues surging. That's

11:16

right, the Chicago Mercantile Exchange, better

11:19

known as the CME, which is a regulated

11:21

derivatives exchange that lists Bitcoin futures

11:24

and now stands just behind Binance in terms of notional

11:27

open interest to rank second in the list

11:29

of BTC future exchanges. How

11:31

many of you have used CME futures

11:33

before? Do let me know. And how many of you

11:35

have used Binance futures? Let me know in that chat.

11:38

Now the CME open interest recently hit $3.58

11:40

billion yesterday,

11:43

October 30th, pushing the regulated

11:45

derivatives exchange platform to jump to

11:48

positions from the previous week. The

11:50

CME overtook Bybit and OKX

11:52

with 2.6 billion and 1.78 billion

11:55

worth of open interest respectively

11:57

and is just a few million away from

11:59

overtaking. finances 3.9 billion.

12:03

Pretty awesome. The standard Bitcoin futures

12:05

contract offered by the CME is valued at 5

12:08

BTC just FYI while the micro

12:11

contract is worth a tenth of a Bitcoin

12:13

which I guess would be 0.1 Bitcoin right? Now perpetual

12:16

futures instead of the ordinary futures contracts

12:19

are the main focus of open interest in offshore

12:21

exchanges as they come without an

12:23

expiration date and use the funding rate method

12:26

to maintain their price parity along with the market

12:28

price. Now the Bitcoin open interest refers

12:30

to the total number of outstanding Bitcoin futures

12:33

or options contracts available in the market.

12:35

It measures the amount of money invested into

12:37

Bitcoin derivatives at any given time. The

12:40

open interest measures the capital flowing

12:42

in and out of the market. If more

12:44

capital flows to the Bitcoin futures the open

12:46

interest will increase. However

12:49

if capital flows out then the open interest

12:51

declines. Hence the increase in open interest

12:53

reflects the bullish sentiment whereas the

12:56

decline in open interest indicates bearish

12:58

sentiment. Now the CME's rising open

13:00

interest not only helped regulated futures

13:02

exchange declined to the second spot

13:05

amongst futures crypto exchanges but also

13:07

saw its cash settled future contracts exceed 100,000

13:11

BTC in volume. Just imagine what's

13:13

going to be done when we get the spot Bitcoin

13:15

ETF. Say goodbye to derivatives.

13:17

We're going to have that true price discovery for the

13:20

first time in ETF

13:22

history fam. You don't realize how big of a deal

13:24

this is. We'll talk about it a little later. The rising

13:26

interest of traders in the Bitcoin futures market

13:28

has also propelled the CME to attain 25%

13:31

of Bitcoin futures market

13:33

share. A majority chunk of investments

13:35

into the CME futures has come via standard

13:38

future contracts indicating an influx

13:40

of institutional interest as Bitcoin registered

13:43

the massive double-digit surge in October

13:46

helping it reach the new one-year high of

13:48

above $32,000. So there you have it fam. By a show of hands

13:51

I am just curious how

13:54

many of you have dabbled in futures?

13:57

How many of you are trading Bitcoin futures?

14:00

Just for the newbies out there, I would suggest

14:02

staying away from it as the majority of

14:04

these future traders are absolutely getting

14:06

wrecked against the market. Makers

14:08

trading with leverage is extremely

14:11

risky and I cannot stress that enough,

14:13

especially when there is extreme volatility

14:16

in the market and every bullish cycle

14:18

expect extreme volatility. That's

14:20

why so many leverage positions, whether shorts

14:22

or longs, are all getting wrecked. So be

14:25

very careful, fam, especially when

14:27

trading with leverage. Now

14:29

let's discuss the latest with

14:31

Sam Bankman-Freed,

14:32

who has been testifying in court. Hopefully

14:35

we get some resolution soon with how this all

14:37

plays out, but very interesting, he has

14:39

said some very alarming things behind

14:41

closed doors, which makes me believe maybe

14:44

this fraudster was also a gangster,

14:46

right? He said ask the regulators.

14:49

It's almost hard to believe, but nonetheless, let's

14:51

break this baby down, shall we? This

14:53

is the man that missed the legend right here, the

14:56

scamster, the mini-made-off,

14:58

as we like to call him here on the channel. So here

15:00

we go. Despite publicly supporting, drafting

15:03

crypto regulations to protect customers,

15:06

disgraced crypto exchange FTX founder,

15:08

SBS, appears to have shared

15:10

a deep disdain for regulators,

15:13

things that make you go. During

15:15

SBS ongoing criminal trial, their assistant

15:18

prosecutor, Danielle Sassoon, inquired

15:20

if the crypto executive could recall his

15:23

previous Twitter statements regarding his support

15:25

of blockchain regulation to protect customers.

15:28

Here's what he responded, I don't remember,

15:30

SBS said, and she asked, but

15:32

in

15:32

private you said after regulators, right?

15:35

And here's what Frank Van Fried responded with, I

15:37

said that once,

15:38

among other profanities. Whoa.

15:42

The former crypto executive also stated he

15:44

viewed a subset of people on crypto Twitter

15:46

as dumb mofos. Wow. Before

15:49

his arrest, SBS testified in 2021,

15:51

hearing before the US House Financial Services

15:54

Committee on crypto regulation. Therefore

15:56

he thinks he is better than everyone else. He's calling

15:59

everyone else on Twitter. mofos why

16:01

because we don't commit crimes like you do you

16:03

dirty piece of ish just saying

16:05

anyways you said it regulators

16:08

was pr asked to soon sbf

16:10

responded i said something like that and

16:12

during the additional questioning sbf also

16:14

claimed that the benefits of helping draft crypto regulation

16:17

including assisting in ftx taking

16:19

market share from competitor exchange

16:22

finance and before ftx collapsed

16:24

last november sbf revealed that the

16:26

exchange along with sister hedge fund alameda

16:29

research held close to 15

16:31

billion dollars in customer deposits with 10

16:34

billion reported missing where

16:36

did that 10 billion go sbf good

16:38

question november 8th of 2022 the binance founder

16:41

cz signed the letter of intent to acquire

16:44

ftx the deal clearly fell apart

16:46

the day later after binance reportedly viewed

16:48

the ftx books discovering the asset

16:50

discrepancy sbf recalled

16:53

that november 7th last year customer

16:55

net withdrawals amounted to 4 billion bucks

16:58

or a hundred times the volume of an average trading

17:00

day sending the company into a deep

17:02

liquidity crisis there was a run-up everyone

17:05

was withdrawing their funds and then

17:07

the next day where they file for chapter 11

17:10

bankruptcy which is crazy you know what i

17:12

mean to say the least now the criminal trial

17:14

of xbf is ongoing expected

17:16

to wrap up by early this

17:18

week how do you think this will likely

17:21

play out for san bank minfried

17:23

caroline ellison gary wang and the

17:25

rest of the executives over at

17:27

you know what i mean uh uh ftx

17:30

personally i i'm kind of

17:32

like convinced that sbf

17:34

is going to get away with this some way somehow but i'd

17:36

love to know your thoughts for example right now

17:39

biden is president what if he gets

17:42

hypothetically speaking five years

17:44

and ten years of probation or

17:46

maybe zero years in prison 20 years

17:48

of probation and then mr uh

17:51

you know biden comes along and pardons

17:54

him and he gets off the hook clean and

17:56

has no consequences nothing would surprise

17:58

me because he was donating much money with the second

18:01

largest campaign donor to the Democratic

18:04

party and they take care of their own kind.

18:06

I'm just saying. Well, we'll see how it plays

18:08

out. I'll be keeping you guys posted, of course, with

18:10

the latest updates as they are delivered.

18:13

Next let's discuss Mr. Gary Gensler,

18:16

the Sheriff of Crypto, the Chairman

18:18

of the SEC. Did you know in 2019 a

18:21

video just surfaced of him talking

18:23

about why the SEC has not approved

18:25

a Spot Bitcoin ETF? It's not consistent

18:28

considering they're approving future

18:30

ETFs. You can't make this stuff up, so

18:32

let's break this baby down. And if you think Gary

18:34

Gensler should get fired, I want to see hashtag

18:37

firegensler. Put that in the live chat.

18:39

We'll see how many of you agree. So yeah, here

18:41

we go. Gary Gensler once

18:43

criticized the United States SEC

18:46

for its inconsistent approach to

18:48

Spot Bitcoin products. According to the resurface

18:51

video of Gensler from 2019,

18:53

this video clip, which you can see here on your

18:55

screen, which has recently made the rounds again

18:57

on social media, shows the pre-SEC

19:00

Gensler discussing blockchain regulation

19:02

at the 2019 MIT Bitcoin Expo in a

19:06

fireside chat with the US SEC

19:08

Commissioner, Crypto Mom, Hester

19:10

Pierce. Shout out to Crypto Mom,

19:12

quoting them here. Gary, Bitcoin

19:15

futures, and I think Ethereum futures and so

19:17

forth, will exist. And Bitcoin ETFs

19:19

have not. And that feels a little inconsistent

19:22

to me. It feels a little inconsistent,

19:25

Gensler said, even though the laws aren't

19:27

exactly the same, they're quite similar.

19:30

Gary Gensler added, hmm. Now

19:32

meanwhile on X, the crypto community couldn't

19:34

help but highlight the contrast with Gensler's

19:37

views towards the Spot Bitcoin ETF. Now

19:39

I'm going to actually play this video and react

19:41

to it live on the uncensored

19:43

crypto news alerts after party on

19:46

rumble. So stay tuned, fam. Anyways,

19:48

here's what they are saying on X.

19:51

Gary Gensler says Gary Gensler is wrong. Market

19:55

Analyze, Zach Bowell posted. We missed

19:57

out on chill and normal Gensler. That's

19:59

right. Again, there was actually a good guy

20:02

at one point before he got recruited into

20:04

the SEC. So he was working

20:06

with the powers that be as a head

20:09

over at Goldman Sachs as well. And I believe

20:11

Gary is already worth north of $100 million. And

20:15

I almost feel like he has to pay back

20:17

his crannies. Hence, he's working as

20:19

the chairman of the SEC. Clearly doesn't need the

20:21

money, right? Now to date, the SEC had only

20:23

approved the Bitcoin and Ether future ETFs.

20:26

And since as far back as 2017, the SEC

20:29

rejected spot Bitcoin ETFs apps, a tradition

20:31

carried under Gary Gensler. I wonder

20:33

why. Who has denied, delayed, or

20:35

pushed back recent spot Bitcoin ETFs apps. And

20:38

claiming the funds don't have protections for market

20:40

manipulation, which we all know is nothing

20:42

more than fud. Gensler's SEC was

20:44

sued by asset manager Grayscale

20:47

for rejecting its bid to convert its existing Bitcoin

20:49

trust into a spot Bitcoin

20:52

ETF. A court ruled the SEC

20:54

was arbitrary to reject the application

20:56

and the SEC did not appeal that decision.

20:59

Why is that? Because they can't. They

21:01

have no firm ground or foundation

21:04

to stand on. They know they're in the wrong. So kudos

21:06

to GBTC, Barry Silbert

21:08

and their parent company Genesis

21:10

for actually going after the SEC

21:13

and actually getting, you know what I mean, a V

21:15

and giving Gary and the SEC a big

21:17

fat L. All right, fam. Now let's break down

21:20

our next story of the day. Now that we discuss Gary

21:22

Gensler, now we need to discuss

21:25

actually a very

21:28

big prediction, right? And

21:30

this is actually a bonus story before we get

21:32

into the latest from Ra Wupal. So

21:34

let's first break this one down.

21:37

I forgot I had this bonus story for you today,

21:40

right? Yeah, here we go. Bitcoin

21:42

is about ready for a parabolic leg up according

21:44

to crypto strategist. And here are his

21:47

targets. Let's break this down. The

21:49

trader who continues to build the following with his timely Bitcoin

21:52

calls as of late thanks to Crypto

21:54

King is gearing up for a parabolic surge. Let

21:56

me know if you agree disagree with the analysts. We're talking about credible

21:58

crypto. He shared Bitcoin. Bitcoin appears to

22:00

have printed the local bottom after touching the diagonal

22:02

support of a bullish pennant pattern

22:04

at $33.4K. The crypto strategist

22:07

shared a chart suggesting Bitcoin will rally to

22:09

about 39,000 firsts and

22:11

end its major third wave surge before consolidating

22:14

and rallying above 48,000 in the

22:17

first two weeks of November. So there's

22:19

the bold call. Do you think Bitcoin will

22:21

rally to 48,000 in the first

22:23

two weeks of November? Let me know. Here's

22:26

what he shared. The consolidation structure is forming

22:29

a series of lower highs and higher

22:31

lows. A triangle structure which is

22:33

an impulsive move is only found

22:35

in the fourth wave. This adds further credence

22:37

to our count off, the bottom, and gives us

22:39

a clear invalidation point at $33,400 as well. If

22:43

this is correct, our local bottom is in

22:45

and we're about to launch into the fifth red

22:48

sub-wave pictured in this chart,

22:50

which you can see right here on your screen. Credible

22:53

practices and is referring to the Elliott

22:55

Wave theory, which is an advanced technical

22:58

analysis approach which tries to predict the

23:00

future price action, which follows the crowd

23:02

psychology that tends to manifest in

23:04

waves. And according to the theory, a bullish

23:07

asset goes through five major waves with

23:09

each wave having its own five

23:11

sub-waves. Now with Bitcoin trading above 34,000 at

23:14

this time, Credible Crypto's chart suggests

23:16

that Bitcoin has broken out of its bullish pennant pattern

23:19

and is en route to around 39,000 for the

23:22

sub-wave final five of wave three.

23:24

The crypto strategist also notes that Bitcoin

23:27

has been recently outperforming the tech

23:29

stocks and says Bitcoin looks poised for a

23:31

big burst to the upside. Quitting

23:33

him again, tech stocks look like hot garbage

23:35

here while Bitcoin has just broken out of a multi-month

23:38

consolidation structure and is looking to go parabolic

23:41

in before much decoupling. It's

23:43

all over crypto Twitter, now

23:46

known as X. So there you have it, fam. Let me know

23:48

if you agree or disagree with Credible Crypto and do you think we

23:50

can hit That's

23:54

another $14,000 surge from here within two

23:57

weeks as we enter. Moonvember,

23:59

yay or nay? Let me know your honest thoughts in

24:01

the comments right down below. Now

24:03

let's break down our featured story

24:05

of the day. Shall we? And discuss

24:08

the Bitcoin price action going parabolic

24:11

this bull market according to the macro guru,

24:13

Raul Pao. Here we go. The

24:16

former executive says retail will front run VCs

24:18

and institutions before the crypto

24:21

explosion. That's what's up. He says

24:23

retail investors have a chance to get ahead of the

24:25

venture capitalists and blue chip investors

24:27

before the big crypto markets skyrocket.

24:31

In a brand new interview on the overpriced

24:33

JPEGS Pod, the former Goldman

24:35

Sachs exec says for the first time,

24:37

the retail traders are scooping up crypto

24:39

assets before institutional investors place

24:42

their positions. How many of you got the opportunity

24:44

to front run all the major institutions as

24:47

well? Doesn't it feel good? Quitting him here,

24:49

we have never been given the opportunity

24:51

to own the infrastructure layer and own

24:53

it before the institutions. I always

24:55

talk about this. We are front running the

24:57

institutions and it's not like it's some

25:00

mass illusion or delusion. I

25:02

know because I speak to them all day. They're

25:04

all coming. All the investors are coming

25:06

and we get the privilege for the first time in our lives

25:09

to own this because everything else is

25:11

venture capital. Now the early stage

25:13

is VC and to invest in VC,

25:15

you need to be an accredited investor.

25:18

Not only that, but most VC funds won't take

25:20

you unless you have got a certain amount of capital. Facts.

25:23

You're going out of the actual largest part of the economic high

25:26

that gets made. It's a club, folks,

25:28

and you're not in it. Thank God for Bitcoin.

25:31

And then eventually something goes public and only a few

25:33

of those companies make a lot of money. So

25:35

we're disadvantaged as ordinary people. Sarawal

25:37

Powell goes on to describe the risk curve associated

25:39

with digital assets, saying it is very

25:42

much like the risk curve of traditional assets

25:44

during tough market times. He also likens

25:46

Ethereum to the US economy, a growing

25:49

ecosystem rife with activity. And

25:51

that's why we're putting him here right now as the economy slows

25:53

down, the Fed starts cutting.

25:56

People will buy treasury bills, bonds, and

25:58

then they'll buy corporate bonds. Large

28:00

part of my thesis are off to a ludicrously

28:03

good start for the year, which includes Tesla

28:05

up 162%. And he

28:09

goes and lists them more like semiconductors

28:11

at 56%, etc. In

28:15

delving into Powell's insights, he contends that tech

28:17

stocks will overshadow other types of investments,

28:19

but cryptos, particularly Bitcoin, are poised

28:22

to take the center stage. That's right,

28:24

because Bitcoin is the king, for

28:26

Christ's sake. Now another notable validation

28:29

of his thesis is Ethereum's recent performance.

28:32

Ethereum is inching closer to a significant milestone,

28:35

nearing the critical price point of roughly $2,000.

28:39

And according to Powell's observations in the broader

28:41

tech sector, his analysis pinpoints

28:43

significant wins, including Tesla

28:45

that I pointed out boasting 160% increase for the year, while VanX

28:49

Semiconductor Exchange traded fund SMH

28:53

has risen nearly 60% on the year. These

28:55

figures align with Powell's theory that tech stocks

28:58

will outperform other equities. Let me know

29:00

if you agree to screen. Now furthermore, he

29:02

postulates that the new bull market cycle commenced

29:04

back in October, although this cycle may

29:06

witness periodic corrections. He foresees

29:09

the crypto market reaching new annual

29:11

highs. That's what's up. As he shares

29:13

here, this is all the confluence between

29:16

the everything code and the exponential age,

29:18

and is my core focus for this cycle,

29:20

which I think we started in October when

29:23

liquidity bottomed. Now, Powell also

29:25

believes that as technology stocks correct,

29:27

cryptos will record new annual highs.

29:30

Let me know if you agree or disagree that we are in

29:32

that exponential age.

29:34

And what are your thoughts on Raoul Powell's predictions?

29:37

I also watched some of his more recent interviews

29:39

and he is predicting the Bitcoin market

29:42

and the market cap in general to 10

29:44

to 20X. And you do the math.

29:47

Just a 10X on Bitcoin by

29:49

itself would symbolize a $340,000 Bitcoin

29:51

price if we were to 20X. Holy

29:57

moly. We're talking about 680.