Blackrock Knows… [Bitcoin Holders Get Ready]

Black Rockck knows. Bitcoin holders, you better get ready because Larry Frink just let the cat out of the bag. We got that. We've got the latest on Ethereum. Big whale purchases coming in. We're talking about the cash cat. Everything going on. Robin Hood chain. We got the latest on the stock market. A lot of stocks taking big hits. And we got to talk about that as well. See where the opportunity is lying here for us. So, let's go. First and foremost, I want you guys to have a quick listen to this. It's like 30 40 seconds. Let's have a quick listen. There is no question as I said it in earlier times and over here I was always worried about the leverage in in Bitcoin and crypto. There was too much leverage players in it. That's why we had the wash out and I think there's more stability at these levels here. But um no I we don't see that much implicit leverage for the scale of the capital markets today. The leverage is not as large. I mean that that that that doesn't mean there's not pockets. Uh but no, I I I as I said in my prepared remarks this morning, I'm very bullish on the markets over the next 12 months. I think the tech technological revolution is going to power uh better margins for more companies. I mean, think about Black Rockck. We've raised our margins increased by 260 base points over the last 12 months. A lot of it is using more and more technology. The man, the myth, the legend, Larry Frink. Look, Larry Frink's bullish. Says next 12 months going to be awesome. I look at Larry Frink as a slightly different character compared to like Jamie Diamond. When Jamie Diamond says something, it's usually do the exact opposite of whatever he's saying. Larry Frink's different in my opinion. And maybe he's wrong, but this reminds me of back and we covered this story at the time. Back in uh 2022, August 2022, Black Rockck very quietly introduced a private Bitcoin fund for their clients. The year after that, they filed for a Bitcoin ETF. And I was saying at the time, watch this. Middle of the bare market, they're introducing a product so that their private investors can get juicy amounts of Bitcoin. And then they launched a Bitcoin ETF to provide exit liquidity for those early investors. Genius. Now, they could not have predicted the FTX collapse, but otherwise, they would have been pretty good on their bottom of the market call. Now, we have Larry Frink saying, "Look, the leverage is washed out. We're bullish on the next 12 months." Aka, go buy some Bitcoin, you crazy animals. President Trump to meet US senators tomorrow to discuss the Cryptoclarity Act. Trump really wants to get the Clarity Act through. We are running uh very much out of time to get this thing across the finish line. If they pull off the Clarity Act in the next few weeks, crypto could have a very, very interesting few months. If this does not get passed, oh boy. Uh, four-year cycle, bros going to get it again, aren't they? Oh boy. It's interesting though. You can see Trump really wants to get this thing across the line. Trump says he wants the US to have the lowest interest rate anywhere in the world. He told Fox he has a lot of respect for Fed Chair Worsh, but wants rates lower, saying other countries pay 1 to 1.5% with the US pays 3 to four. He also said US trade deficits down 68% in one year, we should have the lowest interest rates anywhere in the world by far, like we used to have many years ago. Did anything happen, Donald, that could have derailed the possibility to get interest rates lower this year. Perhaps something to do with a certain straight of hormuz dawn h massive global energy market disruptions. Anyway, I liked this from Mr. Shift. He said, "The greed that made you not sell because BTC was going to 150K is the same greed that makes you not buy because BTC is going to 50K." It is true. It is true. Now, I was in the 150K club. Okay? In fact, I thought we were going much higher than 150K. I was spectacularly wrong. Egg on my face. Anyway, it's fine. Still got my Bitcoin. It's all good. But I think it's true. The sentiment is true. Now, you see bears getting quite cocky. Now you see this similar level near lows where everybody, ah, we got to go to 40k in October, which maybe we do. Maybe the four-year cycle really just memes it into reality. I mean, geez louise, if that happens again, Bitcoin is such a ridiculous asset. Besides the point, it is true though because people will wait to buy. They'll be totally sidelined in cash and people will watch it go to 80, 90K, for example, and not buy because well, we still got to get to 40k in October. Just saying guys, not a bad time to be dollar cost averaging into some coin right now. Bitcoin rejected here at the 50-day EMA. So far, we have the 20-day slowly curling up towards the 50. We want to see that crossover. But the real big challenge for us is that 200 day EMA, man. You really cannot say that the bull market is back until we cross the 200 day EMA. As I've said many, many times here on the show, the 200 day is the bull bear line. Above the 200 day, we're in a bull market. Below the 200 day, the dirty bears are in charge. Well, the Dirty Bear has been in charge for quite a long time. In fact, the last time we came close to the 200 day was an epic rejection at $83,000. It smashed us down within just a few weeks back to 57K. Brutality. Brutality, my friends. Wales continue accumulating Ethereum. Three newly created wallets withdrew 30,000 ETH from Coinbase Prime 9 hours ago. Arthur Hayes is buying more ETH. Tom Le is buying more ETH. ETH is becoming a more interesting asset. One of the most hated assets in crypto. Whales are buying. Curiously enough, the ETH chart did have a nice breakout the other day. Very nice breakout. Now, as we discussed, depending on how you want to measure whether from the candle closes or the candle wicks will form how you see this double bottom pattern. But we have a double bottom pattern playing out. Let's go from the wicks here. Okay. And if we go from the wicks, then an 1850 retest for ETH would be the second best time to get into this trade. I'm already in this trade, but if we pull back to this level, I might even add a little more to that trade. The target on this is about $2,100. I can see it pushing as high as 2,200, which is the 200day EMA. Then becomes the real test zone. Can you get over the 200 day EMA? Can it break out? We'll see. Let's not put the horse in front of the cart here. Let's just focus on the double bottom pattern and the implications that to get us up here. Now, if this is a failed breakout, we don't have huge volumes on this move, by the way, so it could end up being a failed breakout. If price closes back under the 50-day EMA, failed breakout probably invalidates this double bottom. Hasn't happened yet. We'll keep an eye on it. Good. Alexander posted this. Bitcoin can't go down with a war and sailor selling. Zcash can't go down with a privacy bug discovered by AI. ETH books. Robin Hood after Vitalic disavows. Gambling is a valid use case. Gambling is the main use case. Vitalic, have you seen what happens on Ethereum or any other chain? Man, the night is darkest before the dawn. I am Batman. Tom Lee is not the not the hero we deserve. He's the hero we need right now. Salana. Come on, Salani Coin. Come on. Let's do it. Daddy needs a new pair of shoes. Come on. Come on. Now, it has just been chilling around the 50 20-day EMAs, hasn't it? It bounces back above, bounces back below. We haven't had any sort of accelerated movement to either side, though, which I find pretty interesting so far because generally been holding up in the zone. If we have an accelerated move to the downside, things get real dicey real quick for Salana. So far, the market structure is holding higher highs, higher lows. You want to see it keep doing that. Quick update on the trades. Salon along is at a loss currently. ETH currently at a nice unrealized profit. Still holding the position. Unis swap small unrealized profit on this trade here as well. The ETH trade, like I said, we go back to 1850. I'll probably double down on this trade because I think that's a valid retest of the structure of the double bottom pattern. Of course, if you want to join me trading over on Bit, there is a link right down below. Go check it out. Use that link, deposit USDT, make a trade. We'll be doing 1,000 bucks. We're in fact give away $1,000 right now because you're going to be in to win that money. You got to be signed up. You got to deposit. You got to make a trade. It's that simple. In that order. Let's go ahead and draw now. Who's winning a,000 bucks today? We're about to find out. By the way, when you join the inner circle, which is our private investment and trading group where we give you long and short positions on crypto stocks and metals, exact entries, exact stop-loss, exact takeprofit targets. We give you deep dive research reports every single week on hot tech stocks, hot altcoins. You get our AI tools and much more. 7-day free trial. The guys at BYU also give you back an $80 a month rebate which is crazy. Doc Cole, congratulations. $1,000 Roies. Enjoy it. Enjoy it. That's awesome. Cash Cat Robin Hood chain. Cash Cat has come back down to level that I flagged out a few days ago. This key area right here of price support. Now I have entered into a cash cap position. It's not super significant, but it's enough to be interesting if it does something. And it's small enough that if this thing craters, I can take the yellow and move on with my life and be happy about it. But we did come right back down to this very key level. This price support here about $85 million market cap exactly tagged that. I drew this line on the chart yesterday. By the way, I have not modified that. This came down to exactly hit that level. The question now is, can it actually bounce here and form some kind of meaningful base of support to then push higher? That's the key. We want to see the 4hour MACD flip bullish again and then at the very least we get a relief rally on this sucker, potentially a breakout higher. Robin Hood chain now has been out for a few weeks. People have made money. People are taking profits on stuff. People are moving on to the next thing. We have a lot of uh stuff that's smaller cap stuff. I did buy a smaller cap coin. I don't even want to talk about it because it's so high risk to be honest, but I did buy a smaller cap coin on uh Robin Hood here as well. Cash Cat. Let's see. $100 million market cap coin. Threw some money in. Let's see. Is the cat gonna take my money or am I going to make something on it? We're about to find out if this will be support or not. Currently in a downturn of the MACD attempting to curl over and move up. But that 80 $85 million market cap zone will be an absolute key and critical level to hold. Break under that and there's really no support until you get back down to like 89 million, which is brutal. Which is brutal. Okay, so that is what I'm keeping an eye on here for this cash cat trade. Highly speculative. It's a picture of a cat, guys. That's it. That's the fundamentals. Now, if you want did want to keep an eye on something, I've got virtuals. This is something I've been adding into for a while now. This is a leader in the AI agent space on chain and a leader in the humanoid robotics space on chain as well. They're doing both and they're launching new agents on Robin Hood chain. Some of those have done well. Some of them are very new. I think there's a lot of speculation around could these do well or not. And I don't know if we're going to get a bassel like season where, you know, we have base AI agents that just went absolutely nuts. These virtuals agents that were launched went to hundreds of millions, billions of dollars. I'm not sure we're in that kind of situation where we can see that happen. But some of these are definitely going to run. Some of these have run. If you find some of these AI agents early, and again, there's lots of scams and stuff like that, then maybe they're going to make money. But if you wanted the pick and shovel version of that, that's buying virtual itself, which currently is breaking out. So there's a few ways to express your interest in the success of Robin Hood chain without having to buy cat coins, right? You can buy virtual, you can buy unis swap, you can buy lighter because these all directly benefit from that. Continuing unis swap still in the trade. I'm almost, you know, I'm tempted to double down on this trade. We're so close to the 200 day EMA. I feel like we're getting rejected. It's going to be right there, man. But it's been maintaining relatively well. I mean kind of kind of bull flagging up here. Don't know. Might add some more to that trade. We'll see. Of course, our report on unis swap was shared back here. If you were an inner circle member, you got that report. Our team took positions in it. And of course, we had a secondary signal fire for this, which was a breakout trade here at $2.90. Did you get either of those? You weren't in the air circle. You missed out. Link down below. 7-day free trial. Okay, subscribe to the channel if you're not subscribed yet. It's free. I see the analytics. Know most of you guys are not subscribed. You should subscribe because it's free and it's awesome and you'll get these videos in your feed in the future. The NASDAQ still consolidating within the triangle today. Looks like another red day coming for the NASDAQ. It's fine. Opening at 710 currently based on pre-markets. As long as we maintain above this orange line in the 50-day EMA, it's all groovy. break below these two lines right here and then the potential for the 200 day EMA retest comes into play real fast which would be a 15% peak to trough dump which is totally cool and normal to be honest for NASDAQ especially after such a crazy runup recently. Bit mine yo they made $45 million from staking their Ethereum in Q2 98% of revenue. This is the big difference between Bitine and Strategy. See, Bitmine, they make [ __ ] tons of money just off a stake in their Ethereum. That's almost $200 million a year. Plus, they've got venture investments and other stuff outside of just Ethereum. They invest in like Mr. Beast company and stuff like that through Bitmine. So, that has a potential big future payoff. Tom Lee, man, look at the glasses, guys. You going to fade a guy with those kind of glasses? I think not. That being said, BMR has been slaughtered along with the rest of the crypto market. any crypto related stocks at Coinbase also down in a similar fashion. But I think if there's any digital asset treasury company in the Ethereum space that's worth investing in, I have my money in this of course. You can see my portfolio disclosures always down below in the description on YouTube. If there's any digital asset treasury company Ethereum space worth owning, it's Bitmine. And currently it is, let's say, testing this downtrend line. Has not broken out of it yet. Weekly MACD has flipped bullish. It's It's small. It's down there. There it is. There it is, guys. It ain't much, but it's what we got right now. Now, across the stock market, we've seen a lot of corrections across a lot of the most popular names like Micron Tech. Of course, inner circle members got the report back here before the 450% rally. Just going to say that. Anyway, it has corrected quite a bit and is now losing trend. I know there were a lot of people aping their life savings into Micron and Sandisk after these insane rallies, which as I was saying at the time is the exact wrong thing to do. You don't you don't ape into a stock that's got a 99.3 monthly RSI. Literally the high not Micron was SanDisk. Literally the highest monthly RSI reading of any stock in history. People were [ __ ] buying it. Can't make this [ __ ] up. Anyway, Micron is finally slowing down. It doesn't mean Micron's going to zero. It's going to crash 99% or that kind of stuff, but it's a very welcome breather for this stock that has been an absolute leader in the category for quite a while. The opening in pre-markets is showing this opening below the 50-day EMA. So, we had a break under the 20-day EMA, a bearish retest on the 20-day EMA, and now it looks like it could be continuing lower. The target, I think, on this move would be down to 643, which sounds pretty extreme because these stocks are wildly volatile. And if we get down here, it's a 50% drop, man. It's not that crazy. It's not that crazy. We've seen a lot of big cap stocks doing those kind of moves. The reason I flag this area in particular, maybe we bounce here. Maybe this support levels enough. We'll bounce off that at 858. But this is probably a more relevant support area down here around 645. I mean, the real support area is down here at 475, but we don't want to talk about that yet, do we? Anyway, potential shorts opening up here for Micron, especially if we see a little more stress and profit taking in the uh memory sector. Be some juicy longs if we get down there, too, because I don't think Micron's done. Justin needs a correction. Cerebras ah my bag's underwater. Three rejections so far at the 20-day EMA. It is in a downtrend. In a downtrending market, 20-day EMA acts as an area of price resistance, an area of price rejection, and a place to potentially open shorts or well to not buy. Lark lark, come on. Jeez Louise. Anyway, Cerebras, I think, is one of those ones that will definitely pop back later. I'll continue dcaing a little bit into this. Seras have got a position. It's very small, very small position. And it's one of those ones like I'm going to buy a bit, be interested, put a little more bit of money in. And if we keep getting discounted prices, let's say, or general weakness from the stock, I think it's worth for me personally to keep adding uh into that. Space X has finally hit IPO price. Now, it's worth keeping in mind that IPO stocks can see 50 to 70% draw downs from their IPO price during year one. And we still have a huge amount of tok especially token unlocks of stock unlocks for SpaceX in particular. SpaceX cool company I would like to own it but I don't want to own it at $135. I sure as hell do I not want to own it at 230 bucks and it's basically playing out exactly as we thought it was. Initial pump off the hype and then the reality hits and people start selling and we still have I think the first unlock's not even till August 8th. We haven't haven't even had the first unlock yet, man. Oh, there's going to be so much stock flooding the market of early investors who are going to be up massively and they're going to sell because even if they sell at 50 bucks or 100 bucks, they're up. These guys bought it for a dollar for 50 cents on the private market years ago. You if it was you, you wouldn't lock on a 100 or 200x gain. Of course you would. Anyway, still interested, still watching the chart, just not buying yet. You're awesome. Thanks for watching. Bye.