Why Bitcoin's Next 10 Weeks Decide The Cycle!

“I have been saying for probably two months that that clarity is not gonna happen. It it just it it can't it almost can't rise to a level of priority that that sees it gets fast. There's just there's too much else going on. Then you have the backdrop of the recess and then elections. And, you know, again, we're we're in a position where the folks that would push this and pass it, the narrative associated with it, you know, freedom, opportunity, all those things, those aren't going to be the narratives associated with the midterms.”

“It's good to be it's good to be BlackRock. Right? I mean, the the the that's the headline there. BlackRock decided, well, I bet options makes sense. So we're gonna be first in line and also, we're gonna dominate. We're gonna get the first unlock and and all the unlocks, and nobody else matters.”

“We run a blockchain equities fund, and we've seen it's 1,400,000,000 inside, 1.5 now, actually. We saw a $155,000,000 of inflows last week last week on our fund. And if you take that kind of sector of crypto, you can call it that, it's seen $670,000,000 of inflows over the last three weeks. Suddenly, there's a huge interest in, things that aren't necessarily a token, but express the growth potential in stable coins, the Clarity Act, and the Genius Acts. And people are looking towards equities to do that.”

“We did a calculation, just so that this is a bit of sideshow, but I like it. 2.2% of GDP, Bitcoin volumes and trading volumes in Iran represent 2.2% of GDP in Iran, so there's clearly becoming quite popular there. But also just the relative price action. Gold's down 9%. Bitcoin's up 22%, and equities are down 3% since the start of the war. And, that is really, to me, showing its its, crisis resilience.”

“Hyperliquid is fascinating in this. If you look now, it's trading at times 4 and a half, $5,000,000,000 a day in in in trading volumes. That's the same as the London Stock Exchange. That's huge. And, it is trading it in things like earlier on in the year, it should be based with trades of gold and silver, and now it's oil.”

“The themes have done well in crypto over the years. It was Bitcoin mining. That's that did really well. And then it was token investments. You know, you look at the MNAV premiums, they were huge. Now they settle around one. So you could argue the hype's gone from that sector now. Some of them were trading at 40% discount to and that that that should recover at some point when sentiment improves, but I don't think we'll that there's heavy days of three, four times and now we're done. We won't ever see that again.”

“Andrew, I Jim, I'm dying because on your screen behind you, I think it was Kramer. I think it is that Kramer right now? It looks like he's in the ear. He's literally whispering directly into your ear. I wanna know what Jim Kramer told you so I can do the opposite. Well, he he he he told me that, Bitcoin is going down. So so buy more.”

“This is Kash Patel and Todd Blanch, the deputy, the FBI director and the deputy, attorney general who should have been, like, rock star treatment on state. There's, like, 12 people in that room. But, I mean, if you wanna see the state of affairs is to your point, like, I just happened to have that video. It's like the feds are on stage talking about Bitcoin, and nobody's watching.”