The Wolf Of All Streets - Wall Street Bets Big On Bitcoin! Is The Supercycle Here?
Episode Date: October 8, 2025Wall Street is all-in on Bitcoin, and the charts are screaming Supercycle. With ETF inflows exploding, institutional money flooding back into the market, and tokenization reshaping global finance, Bit...coin’s rise past $126K could be the start of something far bigger. From BNY Mellon’s blockchain expansion to a surge in crypto ETF launches, traditional finance is going on-chain faster than ever. In today’s livestream, we break down whether this is truly the beginning of the Bitcoin Supercycle, how Wall Street’s adoption could fuel the next massive leg higher, and what investors should watch as the world’s largest institutions embrace crypto like never before.
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Wall Street is making huge bets on Bitcoin and crypto right now, both on the investment side
and of course on ETF flows. People are starting to talk about super cycles again, even though
we had a very small retrace tomorrow. And one of the hottest topics right now is the
newly minted debasement trade that everybody seems to be on board with, which could buoy
Bitcoin and send it to prices unimaginable by the end of this cycle whenever that will be.
I'm going to definitely tell you exactly all of those things on this solo show before
Chrisings comes on in the back half right now. Let's go.
What is up, everybody, fellow members of the Wolfpack. Happy Wednesday. I hope you're all having a wonderful morning after the bare market of yesterday. I hope that you all survived Bitcoin price dropping as low as almost $120,000, $120,000. $120,000. Unimaginable lows for an asset like Bitcoin that should be at a million dollars by now. I don't know if we're going to make it. Honestly, I know some of us will make it.
But I'm not sure if all of us are going to make it.
It dropped a price is not seen since three days ago.
I mean, really, truly brutal bear market.
Of course, I'm being slightly sarcastic, which I can do when I decide that I don't want
to have a guest and I just want to talk a lot of smack with you guys.
Before we get started, you are contractually obligated to like the video and to subscribe
the channel.
If you don't do those things, literally just leave.
I don't want to be your friend.
I don't want you here.
I don't want you in the comments because.
you're not contributing. I ask you one thing. One thing, and that's to help me boost the success of
this video in the algorithm. And yes, at the end of the show, we will have Chris Inks, who's going to
put on his Oracle hat and use his crystal ball and tell us exactly where prices are going.
We have a lot of topics to dig into today, but first, I want to start with something very important.
It's this. The word of the day, kids, is debasement. Can you say debasement?
with me, debasement. I can hear all of you saying it through because this word, I don't know if the
Grand Council of Bank Wizards got together and decided that the debasement trade was going to be a thing
as of this week, but everybody's talking about it. Here's the definition of debasement,
the action of reducing the quality or value of something. It's funny because I actually thought
it was where my Al Quint portfolio has gone to debasement. Do you remember those jokes when we were kids?
most of you might not be my age but where you would take a word and there'd be a funny word
we're not allowed to tell them anymore one of them which was very benign i'll tell you as i'm
looking at debasement where my where all coins are living is that the teacher asked little timmy
to use a word in a sentence said well can you can you spell the word first actually said before
and he said yeah it's easy b e f o r e and she said that's right b e f or e and she said can use it in a
sentence and he said two plus two before we used to have a lot of jokes
like that. Some of them leaned a little more racist, but were like that debasement trade.
But here we are the debasement trade. Let's go through it. First, we got, well, that was on the
right spot there. Fiscal Fragility fuels long-term Bitcoin upside. Bitcoin advocate Paul Tudor
Jones. Paul Tudor Jones said they're going to debase the dollar. We're going to print money
endlessly. This will be good for Bitcoin. This will be good for gold. And this will be good for
the NASDAQ. They're going to debase, which means debase currency, print money. Yeah.
Here it is. Very appealing as Bitcoin heats up. But it's not just him. We have some of the biggest
names all of a sudden coming out this week. Citadel founder, Ken Griffin, warns of run from dollar
into Bitcoin and gold as both assets hit new all-time highs. Yes, that Ken Griffin. That Ken Griffin.
We're talking about right now, we're gathering together the like all of the leaders of the galactic empire.
and apparently cheering for them
because they all think Bitcoin's going to go up
the debasement trades, not just them.
J.P. Morgan, yes, that J.P. Morgan,
sees Bitcoin hitting $165,000 by year end
on retail-led debasement trade.
And listen, we have to report on this stuff.
I'm super excited if we see these banks
send our bags to the moon.
But like watching Bitcoiners have a J.P. Morgasm
over news about humongous banks coming in and I won't say co-opting.
So I got in trouble for that.
But participating in our asset class cheering for it when you know they really do want to co-opt it.
They can't.
But they would love to co-opt it and control it.
Man, it's really getting hard for me to cheer for all of these people.
But we do see the debasement trade in action, whether in Bitcoin or not, look at gold.
Look at that chart of gold.
Gold, the most boring thousand-year-old pet rock that our parents talked about bearing in the backyard
because they've also been talking about the basement for the last 30, 40 years.
Trading at $4,045 a rock.
Gold.
Wildly outperforming Bitcoin.
Let's be honest.
Mike McLean will point that out to you.
And why is that happening?
It is happening because of the debasement trade.
And it's happening because central banks all around the world have said enough of these trash United States bond, this trash debt that you're trying to pawn off on us for our central banks.
We're just going to go ahead and buy gold.
And yes, some of this is obviously driven by retail, a bunch of people fomoing in, that guy in India with all the chains that we always see the meme about who says that he's in it for the tech.
You guys do that guy.
I would find him, but I don't have enough time for that right now.
But gold, $4,045, and that's because central banks have had enough of our debasing currency
that we are purposely debasing and are trying to find something else.
We heard the BRICS narrative for years.
I think that's nonsensical because they can just go out and buy gold.
Now, our friend Jeff Park, who's often on the show here, made a really good point that I like.
He said, I don't like the term debasement trade.
It implies the unwanted erosion of something durable and righteous.
what's happening is the opposite.
Everyone is learning to gravitate towards something valuable and permanent.
He means Bitcoin.
We're long the purification trade, to which I obviously had to respond with prints from
Purple Rain saying you have to purify yourself in Lake Metatanka.
He also said it twice in the first sentence, which is more quoted, he said you have to
purify yourself in the waters of Lake Minatanka.
And those who haven't seen Purple Rain, Dave Chappelle made fun.
of this, but you should watch it. Apollonia, who's his love interest. He makes her jump in the
lake. And then she comes running out. It's freezing cold. And he says that that wasn't like
Minnetonka. And then he peels off on his motorcycle and leaves her there. That's things that you could do
in movies in the 80s that you're definitely not allowed to do any more. But is debasement the
wrong term? Is this really a purification trade? I don't know. The fact is that the entire world is
clearly catching on to the idea that the dollar is trash, cash is trash, and that you need
something better. And every single one of these, even the big banks, has included in that
Bitcoin, in that list of things that might be something better. Pretty epic. I really can't
go back, you know, a year, two years especially. I couldn't have imagined any of this. I mean,
didn't we just have Morgan Stanley yesterday say that crypto should be two to four percent of your
portfolio. I remember coming on this show and salivating over the idea that Larry Fink
and BlackRock might one day say that Bitcoin should be 1% of your portfolio, which they've
long said to registered investment advisors. Morgan Stanley, 2 to 4% of your portfolio should
be crypto. I don't know whether Morgan had that idea or Stanley, but we need to send one of those
guys a fruit basket. Do you ever imagine that Morgan Stanley are like the two guys from
trading places, Randolph and Mortimer Duke.
That's how I don't even know if Morgan Stanley are two guys, but if they were,
that's how I would picture them.
Randolph, Randolph.
Okay, the next humongous, big, tremendous, ridiculous story of the week,
S&P unveils digital markets, 50 index tracking crypto and blockchain stocks.
This new S&P index will track 15 cryptocurrencies and 35 blockchain
came-linked stock, signaling deeper integration of digital assets into global markets.
So I haven't seen these guys, Charles and Charles, they're two guys from S&P.
I've had them on the show many times years ago.
And they're the heads of all digital markets at the S&P.
And they've been telling me for years, Chuck mounts, one of them, that this is coming.
And here it is.
They will be able to actively create an index fund that people will be able to gain exposure
to both capital markets in Bitcoin and actual tokens.
I think the tokens have to have a 300 million market cap and the stocks they include have to have a 100 million market cap.
I actually believe that this is going to be a monster, huge, tremendously big market.
But the part that seems to have gone completely unmissed, I can't see anyone talking about it.
And I dug into this for my newsletter this morning.
If you guys don't subscribe to my free newsletter, it's literally free every day.
I've written 1,200 of these, 1,200.
1,200 newsletters. Do you read it? Can you read? I don't even know if you can read.
I don't want to take for granted that you can read. But half of the intro today was about this very news.
Look at this quote. My favorite part of the announcement, which I saved for last,
Denari, a leading provider of tokenized U.S. public securities, has collaborated with S&P Global on the index design
and will create a token tracking the benchmark. As I said, that's right. There's going to be a token.
actually buy that tracks the index. Can you believe that? How crazy is that? How crazy is that?
So you have the S&P, which is one of the largest financial institutions in the world, are the
masters of the index. This is literally what they do, going all in on crypto here. And this will be the
first, as we know, of many products. And not only that, this product will be tokenized for people
to trade. Who will be able to trade it? I have no idea where that token will be available.
I have no idea, but holy crap, this is absolutely massive monster humongous news.
And the other thing that's master monster humongous news, that's not necessarily Bitcoin per se,
but it's certainly crypto adjacent and is certainly huge, is the fact that polymarket,
polymarket, we are excited to announce that intercontinental exchange, ICE,
the parent company of New York Stock Exchange, is making a $2 billion strategic investment
at a $9 billion post-money valuation in Polly Market.
Now, you might remember, I wrote about this as well today,
polymarket is not even available in the United States.
Okay, still not available in the United States, right?
That's number one.
But what's even crazier is that they were just fined three years back,
$1.4 million, an issue to cease and desist order.
The FBI raided the home of Shane Copland, the CEO, and seized devices as part of their DOJ CFTC probe into alleged user activity.
They've been fighting against the United States and specifically the last administration endlessly, and it didn't even look like they were going to make it.
And now you have ICE investing $2 billion.
Now, I was surprised as everyone else that those guys that run around in masks arresting illegal aliens in the United States and deporting them back to their countries were invested.
and had $2 billion, but here we are, man. It's 2025 and anything can happen. Of course,
it's not that ice. It is international. It is this other ice, you know, as we just discussed,
the intercontinental exchange. My brain froze there. And they own exchanges all around the
world, including New York Stock Exchange. But this is the most 2025 thing where things that could not
have possibly been on your bingo card in 2024 start arising. And not only that, I don't
even have the news here, I don't think, but Polymarket also just announced that they're allowing
for Bitcoin deposits. Bitcoin deposits. So we always knew you could use crypto on there and
Americans couldn't get it, but now they're accepting Bitcoin in yet another step towards
institutional, mainstream, everything adoption right now. But not everybody is super on
board with tokenization and what the S&P is doing.
and tokenized stocks, we're actually starting to get a hell of a lot of pushback all around the
world on the idea of tokenized equities and all of the risks. And I think as much as, you know,
I want to be on here, I don't know what, there's some game down here called snorter. It's being
advertised. Oh, no, I got to get that off at some pre-sale. Sorry, snorter. Snorter. But yeah,
many of these tokens like ownership or voting rights, exposing investors to counterparty risk,
people are wrapping the stock, who really owns the stock. There are actually a lot of issues that
we need to work through here with tokenized equities that are not really being discussed.
And we may be getting a bit out over our skis.
But that's what we do, obviously, in the crypto industry.
We get way out over our skis and we start doing things and we break stuff and then we
FTCX.
And yeah, I mean, that's how it goes.
But the reality is, is that one way or another, this is definitely all coming.
There's absolutely no question that everything will be on blockchain rails because it's
better, cheaper, and fast.
And when you ask, what could possibly be driving price or what actually matters now?
Third highest Bitcoin ETF inflow day ever yesterday after booking their second highest week of
inflows since reception.
So second highest week ever last week, third highest day yesterday.
I think Monday was the second highest day or maybe even the first highest day of all time.
This ETF train, it is not slowing.
And when people talk about the four-year cycle or what comes next or who's going to buy this stuff or how can it keep going up, you really just need to look at liquidity and flows, which are probably the next two catchwords after debasement, de-basement.
Historic inflows right now, Ibit, number one in those weekly flows among all ETFs.
Oh, by the way, also the most flows of any ETF anywhere on planet Earth, BlackRock's Ibit.
it, $3.5 billion, which is 10% of all net flows into ETFs.
So let's get that.
3.5 billion in weekly flows, and there's only $35 billion in weekly flows into all
ETFs everywhere.
Also notable is the rest of the 11 OG spot Bitcoin ETFs all took in cash in past week,
even GBTC somehow.
That's how hungry the fish are.
Two steps forward mode, enjoy it while it lasts.
That sounds, that sounds bad.
But here we go.
ETF season's heating up.
Slana UTFs on October 10th.
Locked in.
We're getting staking ETS for Solana and Eith from Grayscale.
Canary filed final S-1s for light coin and H-bar.
Eatsbar ETFs.
Those are coming immediately.
Granite chairs adding three X levered ETFs for Bitcoin, Eith, Solana, and XRP.
We're doing it again, guys.
You're doing it again.
If you want to know what can put in the top,
even amongst all these.
flows. It's going to be treasury companies taking on unnecessary risk and jackass moron idiots
using three X levered ETFs. Bitcoin's bad enough. ETH pretty bad. Soul horrendous. XRP disgusting.
Not because of the assets. I'm not saying XRP is disgusting. That's up to you to decide.
I'm saying with the volatility of all coins, having three X levered ETFs is absolute insanity.
It's stupid. But hey man, let the kids play. I think we had like 30 ETFs applied for.
in a single day or something like that.
Absolutely insane.
And it's not only ETF flows right now.
Over the past quarter, short-term holders supply increased by 559K Bitcoin, rising from a low
of $4.38 million to $4.9.4 million Bitcoin.
A significant volume of new buyers entered the market.
Here we have proof.
It's right there.
It's not the highest ever been.
But short-term holders are adding a lot of that is we have an ETF flow.
But this is people actually buying Bitcoin, not just buying the ETFs.
And you have to imagine a lot of those ETF flows are also retail as well.
The bottom line is that as we've seen over and over and over again, we're just getting really a lot of people who couldn't buy Bitcoin or didn't want to before finally fomoing it.
Now, listen, if you're on Morgan Stanley, you still don't have access, right?
Vanguard, you still don't have access.
A lot of these platforms, you still don't have access.
You might be able to buy ETS, but you certainly can't buy it.
bought Bitcoin if you want. That's all coming. We've talked to Matt Hogan, who will be here tomorrow
many, many times about what percentage of retail investors in the United States probably still
don't have access. I think last time it was still 30 or 40 percent of the people in this here
United States who might have wanted to buy Bitcoin through one of their traditional platforms
unable to do so. It's really meaningful that we're seeing this happen and that it's slowly,
slowly, slowly unlocking. Another huge piece of news today just in
UK retail investors will be able to invest in Bitcoin ETNs from today.
It's like aluminum, aluminium, the British say things stupid.
And they call them ETNs instead of ETFs.
They're obviously ETFs, but they call them ETNs because they pronounce things dumb.
And that's just how it is.
But UK retail investors actually had been blocked forever because the UK, which is notoriously famous for freedom of speech,
you can do and say anything there.
It's the opposite.
But they not surprisingly were banned from being able to invest in these Bitcoin products,
which they will now be open to.
We've seen what these flows do.
Seeing what these flows do.
Someone said we lost Yago.
Yago is tomorrow.
He will be here with Matt Hogan.
I'll be here with Matt Hogan.
But yeah, retail investors in the United Kingdom are going to be able to finally participate
in all of this.
Listen, there's a lot of reasons you could look at a Bitcoin chart
and you could definitely be like,
that looks top of your shit.
Like I showed, I've been kind of sharing them.
I can look here.
Let me see if I got the chart here.
Like, you know, we had this major fomo.
I tweeted that we're extremely bullish at resistance as usual,
but we had overbought conditions.
That's the four hour.
There's a six hour, bearish divergence, literally everywhere.
Like, it was obvious.
we were probably going to get some sort of retracement.
But all we got was this so far and we're back up at almost $123,000.
It feels like they're going to print a whole lot of money and people are going to buy a
whole lot of Bitcoin.
And speaking, buying a whole lot of Bitcoin, I know you guys need to update.
I did it.
I set up Archpublic.
We were talking about it yesterday.
I set it up on Robin Hood yesterday.
And they were doing all these parameters with me that I was specifying.
And I was like, guys, I want to buy.
a lot. Like, I want to, I want to, I want to be firing on the hourly. I'll add more money.
I just want to get this thing going. I want to feel it. I want to feel the rush of getting emails
and alerts. And I set up two more algorithms after the meeting, after yesterday's show.
I got on with their guys. I set up two more Oracle algorithms, which literally will buy me like
one percent, one and a half percent moves. We fired off three times yesterday.
Fired off three times yesterday. Here is one of them. You can see.
It was buying like $5,000 worth of Bitcoin at a time, buying $2,600 worth of E, $2,600.
Went ahead, here's my Robin Hood, fired off about $32,800 worth of buy orders on the dip.
Now, remember, my goal is to buy stuff at a discount.
I started this when Bitcoin was over $125,000.
I was buying in the 121s and low $122s.
Now, Robin Hood has a 0.85% spread.
So I was buying a bit higher.
But once I hit 50,000, that'll be 0.25.
And we're going to work on negotiating it lower once I hit $5 million in volume, which I will.
Point one.
So just for complete transparency, this wasn't buying the dip as hard as you would expect with the 0.85.
But they have no fees.
So they're spread.
So like if price was 121.9, I'm buy it 122.9, basically.
right, which feels bad at first, but then you realize you're paying fees on any exchange and
there's no fee. But that is going to come down massively and this will improve. But of course,
up about 1% on those dip buys from yesterday right now. But if I keep it up like this,
I'm going to have to add a whole lot of money to this because I use basically a third of my stack,
just fired it right in yesterday. And I'm pretty excited about that. As long as we don't go
into the depths of a bear market and we're all dead and price goes back to 40,000, 50,000.
and then, you know, that's what it's going to be.
Stoic Surfer says some of your best pods are where you riff solo.
This used to be my show.
This used to actually be my show.
And then I started just having guests all the time, which is easy and a bit lazy.
And then last week, was it Wednesday or Thursday?
I think it was Thursday.
My guest canceled last second and Yago was in Singapore.
And like three minutes before the show, I was like, okay, what's the news?
And I brought up a bunch of story.
And we just riffed.
ripped it you know like today jp morgasm that was fresh off the dome of my head fresh fresh like
i had never thought of a jp morgasm until today and i hope i never do again because i don't want to
ever have one you know but i figured that i didn't have a guest today booked by yesterday and let's do
a solo show it's a good time but in just a matter of minutes we will have mr christopher inks
joining. Man, there are some wild price action. As I look at this, I can't wait to see what he has
to say about these gold moves. We've got this monster silver move. I mean, silver's about to cross
50 bucks. Maybe this is really the debasement trade happening. But what's crazy of all of this,
and I didn't really dig into it, is what's happening with B&B, right? B&B, do I have the chart up here?
I'll bring it up. One second. I mean, B&B, like no bare markets, no retracements.
no nothing. This thing only goes up. But what's crazy is when, oh, it topped a little bit there for a
second. It's at 1,300. I guess it got to 1,350. So very near top. But I think I saw today,
I mean, Aster's ripped, which I know very little about, the hyper liquid competitor, obviously,
on finance. But meme coins on B&B apparently been going crazy the last few days. And whatever the
meme coin platform just launched on B&B is called, it surpassed pump fun.
already in volume yesterday.
So I think it's important to note that there are alt seasons happening.
They're just not on my alts, which are participating in the debasement trade.
I do have some alts that have done exceptionally well.
But like all these alts we've been holding, I interviewed Arthur Hayes last night.
That'll come out on Sunday.
He said a million dollar Bitcoin this cycle could happen.
And I was like, yo, give it to me straight, man, alt season.
He's like, there's been an alt season this whole time.
What are you talking about?
was like, can we throw a dart and everything goes up? And he was like, yeah, that, that's done.
That's that. Yeah. I would like to know that Valerie said that this chat group used to be so fun.
Now it's just full with bullying and negative. Hey, guys, shut up and stop offending the people.
Be nice to each other in the comments. Don't be assholes. Now you just fight about politics.
And I guess I had the audacity to make an ice joke and ruined it. Oh, hey, wait, real quick, I just found this.
tweet, I knew that I had it somewhere just to show you that I'm not making stuff up. B&B,
meme, meme, slips Solana launchpad pump fun in 24-hour revenue. Clearly, there is an
all-season going on somewhere in this world. It's apparently just not where I am and I don't have
the time or energy to go figure out how to use meme coin platforms on B&B. But I'm happy for those of you
who do. Before we move on to Chris, I just wanted to reiterate the weight is over.
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Go learn more stuff about that.
And now to bail me out from my solo ramblings, one and only Christopher Inx.
How are you doing, sir?
Hey, man, how are you doing?
What's going on?
I don't know.
People don't like, apparently I'm reporting on news that happened days ago.
It's not reporting on news.
It's weaving a thread very deliberately, because I'm not winging it at all, very deliberately
between stories new and old to create a narrative.
I'm the media.
That's what I do.
But anyways, we had over.
Bitcoin had the, I mean, it went all the way down to $120,658.
I mean, that's a really low, scary, terrifying price.
It was tough.
That was tough.
Yeah.
I mean, did you make it?
Like, I was going to wear my eye, survived the bear market of October 7th T-shirt today, but I forgot it.
Well, that's all right.
I'm sure you'll have another one to wear pretty soon as well.
I mean, if we're looking at here, you know, really nothing that I haven't been talking about, you know,
it just continues working as we've been looking at.
I think we've got one more push higher up here toward this 129, 130 area, and then a pullback
right back down here to this low, you know, as far as the next move goes.
So we kind of get, you know, get everybody breaking out.
You know, everybody's convinced that the top's in here.
It's come back.
I can't believe the number of people call.
calling tops that I see again already.
It's just getting ridiculous.
But, you know, we're looking here.
Let me zoom into the four hour here real quick.
I had the audacity to call a local top, though.
I'm just saying.
Well, local tops, fine.
Yeah, no.
People out here talking about.
There's bearish divergence everywhere, four hour, six hour overbought.
You know, you taught me that.
Yeah, yeah, yeah.
But, I mean, this is pretty clean right here, right, pulled back, you know, to the weekly
pivot, you know, kind of doing some sideways here as you get that, that move from supply
to demand.
and boom popped up.
So we want to see some fall through.
We want to see a break out here above this swing high around 125, 184.
And if we get that, I think we're looking up here again around the 129, 130 area.
And I'm not guaranteed it's going to stop there.
I think it should stop right about there.
And we'll look for reversal.
And if we can get that, we'll look for it to pull right back down here around this
121 again.
And then everybody can call the top again and say that the cycle's over again.
And then, you know, we'll just kind of.
these breakout traders that we get here will take their money from them as it comes back down here
and then everybody will go short thinking the tops in and then we'll take all their money as we go back up again
and do its thing but yeah i don't think the tops in yet i don't see anything you know in the way of
structure that says that at all um and so i like i like the way it looks at the moment here
so i would like to see this move up and pull back down here now after that's a good question you know
normally what I would say after that is we get like, you know, a fifth wave up here and then
we pull back. But with as long as we've been going sideways here, I mean, effectively, we've
been sideways since back over here in May. We were sideways here and then we broke up and then
we get this range that's sideways here. So that's a long time. The longer you go sideways,
you know, the longer you consolidate the bigger and stronger and, you know, further that
breakout goes. So I could potentially see us, you know, over extending here. You know,
once we get this, if we get the rejection that I'm looking for up here around 130,
132, maybe even somewhere right around there, and then the pull back down here toward
121. You know, instead of just getting up here maybe at 135, 137, I could see us maybe
see that fifth wave overextending up here toward 155. We'll see what happens. I'm not guaranteeing
that's what's going to happen. But, you know,
Again, with the size of this, the length of this sideways here that we've had,
I would not be surprised to see that overextension happened on that push up there.
So we'll see what happens, but overall, not hating it at all.
You mentioned B&B, this is one of my favorite tweets that I've had.
Because back over here, you know, I mentioned was at December 3rd of 23.
You know, I basically said, wouldn't it be a shame if we were to go off from it?
because this was the point where everybody was screaming,
you know,
this was with CZ and Binance and the U.S. government and all that issue.
Yeah, he was going to jail and Binance wasn't going to exist and it was going to be over.
Yeah, exactly.
We're rational points.
Like if you thought that BNB as a token would be banned or something, but hey.
Exactly.
Exactly.
And I, you know,
and my thought was no,
we're going to go up.
And so I did that,
you know,
it would be a shame if it just kind of cleared the path,
this push right here and we were to go.
And yeah,
we've gone.
So,
I mean,
had you gone along at that point and held on,
you'd be up five X.
So not, you know, not one of my strongest calls.
You know, it's been, what, about two years almost?
But I like it just because everybody was so bearish right here.
It was such an easy call to talk about it heading up.
And, you know, again, up here already, almost $1,400.
Absolutely insane.
So really liked that B&B thing from there.
Ethereum, I want to talk about Ethereum real quick,
because it's a lot similar to Bitcoin.
You know, again, looking for,
for this. We pulled back mid-range here. We're getting this bounce. So once again,
zooming into the four-hour there. Not quite as exciting as Bitcoin's four-hour at the
moment, but, you know, again, I'm looking at this as like a flat correction here. So, you know,
A, B, and then C down here, looking for this to rally up. So if we can get some follow-through
here, I do think we kind of head up here toward just breaking the all-time high up there,
right there around, you know, maybe $5,000.
And then I would expect to pull back down here toward this 44, 4,500.
And then we'd take off, you know, towards $7,000.
So still liking the Ethereum setup.
It's been so funny this cycle, how anti-etherium everybody's been, right?
I mean.
Until we got Tom Lee.
It was, I mean, it was brutal.
Yeah, exactly.
And, you know, and you and I,
been talking many times on here. That's like B&B. Right. I mean, we were talking about that the same way
you were talking about B&B. It was just irrational beatdown. Yeah, exactly. And, you know, and then it did
that huge move. And hopefully some people made a lot of money in a very short period of time there.
And then now, you know, all of a sudden, it's a very big, oh my God, it's the end of the world.
It didn't break out right here, you know. And I don't think so. Again, I think we've still got
from this area here. I want to see this kind of continue up here. But I think we've got that move up
toward that five. Again, get kind of those breakout traders trapped in there, come back on
them, take their money. Everybody goes short then, come back in there, take their money,
and then send it back up similar to what I was talking about on Bitcoin. So don't really see a
first shot at a new all-time high is it's really, really tough. Yeah, yeah. You know,
getting right up there and getting rejected is not unusual. It's happened over and over and over
with Bitcoin, by the way. I mean, it even happened in the last bear market, 65, all the way down
to 28 back up to 69 swept it and new bear market right breaking new all time highs can be high i think
it happened at the end of 24 right we went up to like 110 and then way back down and swept it and
all the way to 74 and then made new highs yeah yeah well you know it's like when you got to bitcoin
and everybody's complaining about oh look it can't hold 100 000 because it kept kind of bouncing
back and forth through it and what it's been 140 somewhat days above 100 000 now and uh yeah
you know people just want you know people are irrational they just want those those you know they want the
break out the guarantee instead of understanding how liquidity works, you know, on your charts
in those markets. So it is what it is. But anyway, you know, again, I think the setup's there.
We just need to see a little bit follow through here to get us heading up there. So as long as we're
above, you know, on these daily time frames, as long as we're above these monthly pivots here
on Ethereum that's around 42, 44 or so, you know, as long as we're above those, we should be thinking
higher overall. Now, if we get an impulsive breakdown and close through it, well, then things
start looking a little different, and I look down here toward, you know, 3724 potentially,
sweep that low and come down there. But, you know, while we're above it, generally
speaking, we should be looking for higher. So, again, I like the setup there.
Three quick alts here I'm looking at. ACX is interesting. We've kind of pulled back up here
toward the pivot here, the weekly pivot.
So this is the four-hour time frame.
Really what we need is a breakout above this.
Point 1, 2, 3,6, that's going to add confidence to this idea.
Where we'll have, you know, we'll be looking up here around 16 cents as the target
before we get a decent pullback.
But right now, locally here, we've got this big four-hour fair value gap.
So, I mean, if you can get a four-hour candle to close above the top of this fair value gap here,
which is right there at 12 cents.
You know, that would even be quicker than the 1236 here
as far as indicating the low is likely in.
You can look for a four-hour candle,
just an impulsive breakout and close above this.
1-1-7 to give you an even quicker idea
that the low is probably in.
But I do like the pullback,
pulls back right here to this previous resistance support area here.
So it's absolutely where you would expect it.
You know, high-volume ledge there,
right back up into the low volume node here.
So we should kind of pop up on through that head there.
But a decent little target up there for that.
I've got CRV here.
CRV is also interesting.
This is the daily time frame.
We got the breakout.
This looks like a bit of a wedge here.
We do have this breakout with some volume and larger candle spread through that
descending resistance.
rallied up toward the R1 pivot there, rejected, pulled back down here to the pivot,
finding support, pivot, the descending resistance there, Dogey candle.
I mean, it's looking pretty good overall to be.
So I think, you know, overall, my next kind of general target here is right up there around $1.9.
And if we're getting up there, you know, of course, you know, we might pull back before we break out,
but ultimately should break out head higher.
But I do like the setup.
I do like the bit of the run here.
bit of that rally again it pulled back right to where you would expect it to pull back here
which is all again just part of this right here so again you look left all the information you need
is on the chart right everything you need is on the chart low volume node i mean everything
works there so looking for that to hold right here and if it can hold here we'll get that pop
we should ultimately be heading up there uh and then finally a blast from the past dash i remember that
first time dash was running up and two hundred dollars and four hundred dollars and all that
absolutely fantastic is a great push right here in september it's great push up we came down here
it looks like i love the volume and the price action through here you can see especially from this
this push up in the swing on this pullback that volume just drops off that's what you love to see is
it kind of prints what appears to be a spring here so on this four hour you get that the spring at the
low here. You've got a bullish engulfing candle pushing back up. And really, you know,
again, just kind of coming to this swing low area here. So I like the setup here. I think that's
probably a spring. If we can get a four-hour candle impulsive breakout and close above the weekly
pivot here at 3217, that's going to signal the low is likely in. Breakout above 38, 36 is going to add
confidence to that being complete. And then we've got a 40, almost a $49 target up here based on the
the height here of this pullback.
Nice little price action target there.
So this does look like reaccumulation.
This does look like a spring here.
And so now we just need some follow through on this.
Now, if it doesn't, if it does happen to break on down here,
I would look here around this 2450 area as the reversal point.
But so far, it's looking good here on the four hour.
So those are the charts I have right now.
Those are the ones I'm watching and what we're looking for as far as all that goes.
How about the most bullish chart in the history of mankind?
Gold.
Man, gold, you know.
You're that cup and handle, by the way.
I mean, when you look at it, it's like really astounding.
Yeah, yeah.
Here's the one thing about commodities.
Commodities, you know, again, if we're talking in terms of how people are, right,
which is identified through Elliott Wave, then what we know about commodities is usually
you get that really vertical move on the last, on the final wave,
the fifth wave that doesn't mean it's done yet but you know again uh you usually get it going
much more vertical there uh from that i like your little coffee cup classic technical pattern
i was listening to you i'm just a i'm just a god tier multitasker i just wanted to show people
well you know and and you know i've been bullish on gold since um gosh what since well publicly
since very really since 2018 you might remember when i was talking about it back then i've been
Willis-on gold since the Spanish ink was like, since the Spanish bank used to doors.
But yeah, but you know, we were talking about 4,000.
So we've got 4,000 now.
Back on silver, a few years back, I was thinking we might get lower.
You know, we drop below $10.
I was thinking we might get, you know, a little bit lower.
We didn't.
We turned.
And then I changed and, you know, I started talking about 50 hitting that, you know, that all-time high area.
We're just about there with that.
I mean, so, you know, no real surprises with anything that's.
going on here. You know, my other thing is I was talking about the Dow probably hitting at least
50,000 before we get any kind of recession or anything. We're pretty close to that. You know,
we've been up there around 45, 46,000. So, you know, everything just kind of working as, you know,
as you would expect, or at least as I was expecting. The funny thing is, you get, you know, as you know,
you get a lot of hell when you make these calls when things are a lot lower. And then people
tend to forget when they get hired. And then you remind them like, oh, look at you. You're showing it off.
You're, you know, you're whatever. But no, I have no idea what you're talking about. Nobody ever says
anything like that. Hey, jerk off. Most of your calls over the past five years are wrong.
Oh, that's funny. That's funny. You know, you really got to wonder, you know, people that lash out like
that, you know, you got to wonder what happened to them why they're hurting so bad that they feel
the need to be, you know, silly like that. But, you know, people will be people.
No skin off my back.
It's fine.
Well, guys, we'll have Chris, of course, back next Wednesday.
Maybe I'll be solo before him.
Maybe I'll be more responsible and buttoned up and put together with a guest.
We will see.
But Chris, where can everybody check out everything you're building?
Man, of course, y'all can come on out to members.
com.
We'd love to have you there.
Again, you know, we do a lot of calls.
We do a lot of amazing calls, B&B and others like that.
But the real thing you get there is just learn.
learning, you know, how markets actually move, how liquidity flows through markets.
And, you know, not these one-offs that a lot of other people out there are telling you.
So we'd love to have you there.
We'd love to bring you in and kind of teach you that you can do this yourself.
It's not, it's not difficult, but it's, you know, it's not easy.
Tell me, how many years now is the anniversary?
Seven years, eight years, eight years, man, eight years.
Yeah, since 2017.
So had so many, so many amazing calls during that time.
best one we did real quick man no you jerk offs no you jerk offs five we did naked a few years
back in a kd it was like around eight or ten cents um and in you know i talked about that in
there and that thing ultimately went up to like fifty two dollars um we did yeah you're not
remembering the trig trig oh trig yeah trig is what started i always forget what that one's called
that was the one it was some like you're putting guns on the blockchain or something but we
pulled like a guillian x is on that i said a 10 or 12 xrp xrp at pennies tron when it was trading
like in sats as like one of those like low sat coins it only moved one set and it was like
two thousand there are some big ones man xbg yeah there's a whole bunch of really xbg listed on
porn hub you remember that oh my god yeah so much so much news that we listened to back in the day
that it was really ends of not being much of anything.
But that's why charts kind of lead the way, right?
That's that's why we need you.
Yeah.
All right, guys.
Thank you so much, Chris.
Thanks, man.
Always fun going down memory lane.
We will see you guys.
Tomorrow I got Matt Hogan and Yago.
Peace out.
Bye.
Awesome.
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