☠️ Everyone MISSED This Crypto Chart

[00:00:00]What's going on with crypto? It's your favorite time again. You and me are going to be doom scrolling Twitter Rooney's with our pants on. My friend Matty. Bitcoin is not in an abnormal spot. The macro cycle lengthened twice as long as shown by copper gold. So as you have to see friends, I report on the copper gold ratio reversing heavily. Of course, Matty watches the show. Matty likes it too. Isn't it cool? Thank you Matty for this really really clean chart. I really like Matty's clean charts friends.

[00:00:31]Especially the gradient in the background. So obviously copper friends is utility and gold is money. Okay? So basically it's U and M. All right? Same as if you look at Ethereum BTC ratio, Ethereum is the utility and Bitcoin is the money. Okay? Utility versus money.

[00:00:51]When cycles are expanding and they're getting really hot, people need the utility, right? They want to build more stuff. They want to use Ethereum for stuff like swapping and trading and that's why all the altcoins and stuff hopefully they go up, right? That's the utility part rising. That is the copper gold ratio. So copper, the demand case for the utility goes up. Okay? And we're just seeing it right now. This is where we are. We had four green months in a row, which is absolutely big. This has confirmed the bottom each time. This has been friends and this sad part, you know this is the longest bear market in history for copper gold ratio. I checked the last 70 years. Yeah, it never goes down for five. It always It has a four-year cycle like everything else. I was vomiting like, what the hell happened dude? Why did we get cocked?

[00:01:35]But I'll tell you something, okay?

[00:01:38]I hinted this at you before, but this is like true, okay?

[00:01:41]In 2017, it's what we call the big blow off of crypto, the double bubble altseason. In 2017 friends, others index went up 250x.

[00:01:51]You buy any altcoin in January, you sell in December, you're up 250x, okay? Now of course, the whole industry was only worth like, you know, 200 million market cap for all the all the altcoins combined outside the top 10. So, no one really No one put in like 30 grand or anything, right? It was more like, yeah, putting $30 or $50. No one knew. Okay, but during that time, friends, all the way back then, in 2017, 2017 went in two phases, okay?

[00:02:16]The first phase was the parabolic blow, okay? See this? This is Ethereum.

[00:02:22]And then the second phase was So, this is a monthly chart. The second phase was Bitcoin keeps going up and and altcoins can't move, okay? They just keep dying and dying and like they can't move up.

[00:02:36]They can't move up until Bitcoin finally hit the top at the end in 2017 December, and then altcoins went absolutely moonshot for alt season wave two, okay?

[00:02:46]So, you actually see this as well. If you look at the others BTC ratio, which I could show you, you can actually see it right here. This is 2017. So, you have these big blowoff moves. So, this is what it looks like, right? This huge move. See this?

[00:02:58]Altcoins are rallying, and then look what ends up happening. This is chop chop chop chop chop. This is altcoins can't move until the very very end. Now, similarly, what we might be seeing now is This is different This happened all within a year. Now, perhaps what we're actually witnessing is maybe a five or 10-year thing where the Nasdaq is like the Bitcoin, right? And then crypto's like the altcoins. So, the Nasdaq and stocks have gone up and up and up and up and up. They're having that second blowoff wave, the second the back end of 2017, like you cuz you're melting up. And even like, you know, you could even see like the Nasdaq itself looks like it's freaking literally melting into the moon, right? You can actually see it right here. So, it looks like this phase is the Nasdaq literally doing a massive melt up. And then, hopefully, when it finally stops, okay? And I don't know when. Maybe it finally stops. This period of 1 or 2 years actually depends.

[00:03:57]Everyone thinks it's going to drop and go to zero. No, it could be like this massive 2-year period of stopping. In this area, we hope that altcoins and crypto rise, okay, in this area. What we call the distribution.

[00:04:12]Now, this is actually common sense. That type of rotational play that that is actually what happens cuz you have all this wealth that appears and then people like they get bored and they're like, "Oh, I made this wealth. Okay, what do I do?" They take their money out and they start punting on stuff. And then there's a lot of FOMO that comes out because people missed out on a lot of the big moves. So, they want to chase the next thing. But all these people have new wealth and they have a spending problem cuz they just keep spending harder and harder, right? Um because like, you know, maybe someone used to have $10,000 but because of Nvidia now they have 1 million. So, they take a million out and they're like, "Well, I was only expecting 100k." So, now they might have like, "Oh, I'll just put $200,000 and I'll just throw it around and stuff."

[00:04:47]And that stuff create the the the vortex world wind of pumps. So, hopefully that is going to be explaining why we had 5 years of down only in the copper gold ratio. It could be that this one's going to be a super massive altquefen of sorts, okay? But, you know, we're not going to hold our breath, you know what I mean? Cuz, you know, you look at every all the Raoul Pal comment section and banana zones and nothing has happened.

[00:05:08]So, we'll see.

[00:05:10]Here we have Peer. Very excited for this release. TEEs now power seller side payment verification for Peer. No brow No browser plugin, no mobile app, no signing into your fintech account. The end game is UX parity with Stripe and centralized platforms. So, Peer is literally swap. In the worst case, they could TEE setup be compromised and allow an attacker to drain the seller side fintech account. I love the tech. I want to integrate it.

[00:05:36]I need to look at it from all angles.

[00:05:37]So, this is related to obviously Prove Ex etc. Um and that P technology which lets you bypass the exchanges and just go straight from the banking.

[00:05:45]Check this out.

[00:05:47]The GLI perfectly timed Bitcoin's February bottom. It also timed Bitcoin's top. Now it's calling for a mid-June bottom. I won't be surprised if it's right again. So, Bitcoin and the GLI, that's global liquidity index. So, they might be doing some mixing and matching as well. So, not global M2, he has to write in here. So, you can see that there was See, fans, the thing is the global liquidity it went up, okay? It went up and then we went down. We just bottomed together at the same time moves. It's very, very sad right. It's actually made higher highs here.

[00:06:21]>> [snorts] >> So, I guess what it's saying is it's pretty much confirmed right here where we are that um I guess there's going to be some sort of recovery rally, but it doesn't mean did Who cares about these words, bro? It's like we've written off the whole year, like another year wasted. Hopefully it gets better next decade or something. Okay, if you ask Michael Saylor about NNAV and dilution, don't expect a simple answer.

[00:06:44]Jack Mallers has learned that lesson when Michael Saylor gave him a 12-minute lecture on capital structure, Bitcoin yield, preferred equity, and what dilutive actually means.

[00:06:54]>> Yeah, obviously. Love you. I find that there's a lot of time >> That's interesting. So, it is it it is funny. Um 12 minutes of that. Remember, fans, the the dilution is just that they're printing shares. You know, you know, fans, in altcoins we set the inflation code at the start. So, nobody can cheat the system. But with stocks, they just be like, "Oh, let's print shares and let's go do this. Let's print shares and let's do this."

[00:07:16]Ah, well, it's the Michael Saylor Ponzi.

[00:07:18]Mr. Paul saying crypto dips says PDI is bouncing soon. I hope that's so.

[00:07:22]Remember, we have the PDI global flip ladder, which is a crowd favorite. Plus 5% on the day, hungry foreign still 80% away.

[00:07:30]It got closer before. Hopefully we get to see some pump-a-roonies at some point before we pass away.

[00:07:37]Thank you to my friend Mr. Crusher forensic analysis about this. So, Mr. Krusher is doing some uh a lot of posting. Mr. Krusher as well, we love and appreciate your work, but you got to remember a lot of it looks like AI slop. So, you're going to have to ask uh maybe ask AI like, "Hey, give me a Ask AI go, 'Hey, give me a very short Twitter friend friendly um uh summary of all of this for retardios and just and and see what it says when it comes to that cuz there's just a lot of numbers and stuff that just pretty much it it makes everybody anxious to see all these.

[00:08:13]Here's Anthony Pompliano.

[00:08:15]This was his tweet saying his company ProCap which is down 85% Okay, he's saying, "No, no, no, we're not actually a Bitcoin company. We're an AI company."

[00:08:25]No, you're not, defense. He just He's got a He's got a million subscribers.

[00:08:27]He's getting inside IPO deals and SpaceX and all the other junk to go dump on everybody else. He acting, "We're an AI company." Yeah, back Sit down, dude.

[00:08:36]Like, I I okay, give me some SpaceX IPO access and Anthropic and Open Gay AI.

[00:08:43]Yeah, bro, I'm an AI company, too.

[00:08:45]Oh my gosh, it's so funny.

[00:08:47]Mago, he's a big like Maxi. Send this used mattress salesman to jail for being such a slimeball grifter.

[00:08:55]Uh yeah, that's his uh that's the general crowd reaction.

[00:08:58]Here's Finance Freedom. Am I dumb for buying SpaceX?

[00:09:02]So, he says he's going to buy SpaceX. I think he's going to put 81 grand in.

[00:09:06]Yeah, good luck, sir. Good luck. Uh he says I'll never fade Elon Musk.

[00:09:10]Something interesting you should know, fans. Look, you don't know where the SpaceX top tick will be, but for all IPOs, the average is the draw down's 55% from the top tick.

[00:09:20]So, 55% is about the average draw down if you want to participate in it, but yeah, I mean, like, you know, I would have better If fans, Elon Musk is the biggest insider technocrat of all time.

[00:09:29]There is just There's no way he's going to fail, okay? Even though everyone calls it a scam stuff, but they they can still rinse everyone for a while.

[00:09:35]Breaking news.

[00:09:37]Joe Rogan accidentally exposes himself.

[00:09:40]Right? During a conversation with Joey Diaz, he ended up with a little uh exposing too much.

[00:09:46]>> Rogan. So, let's first have a look at what he said, and then I'll tell you how I feel about it.

[00:09:51]The reason why we love killing, especially people that are really good at it, what they love is that they're making other people happy.

[00:09:59]Joe just admitted that he is a murderer, and that it makes people happy. This is so freaking sick, man. I can't >> Is this real? Wow.

[00:10:07]Um look at this. Just wow. Nothing has convinced me that the academic you were feuding with was correct in this clip right here. You're grasping at straws.

[00:10:16]Okay, so this Flint guy I think, friends, this Flint guy Flint, I think he was the guy who debated Graham Hancock. And Flint is like one of those various stereotypical archaeologists, historical dudes, where they only learn by the book, and they go, "There is no evidence for this. They is a Neil deGrasse Tyson of history people. You know, the Graham Hancock's out here mugging him, pretty much just showing everybody, "Hey, they've been lying to us about the human civilization. We've got stuff from 350,000 years ago as humans, where pretty much like they found stuff that they'll learn about the constellations like 2 and 1/2 thousand years earlier than they're meant to." Um and all these other just amazing things out here. So, I guess all this it's part of the Red Pill super cycle and all this awakening moment, which I guess it's cool to see.

[00:11:01]Um here we have the Michael Saylor quote. Um really cool, right? Of course, we sell the Bitcoin if we have to.

[00:11:08]Saylor isn't confused. The trolls are.

[00:11:11]Never sell your Bitcoin was advice for individuals, not a unalive yourself pact for the hundred billion-dollar company.

[00:11:18]>> Okay, fine. I'll destroy a billion-dollar hundred-billion-dollar company so that I don't sell my Bitcoin.

[00:11:24]You know? Well, the point is I said to By the way, I said >> Isn't it funny he's calling it hundred-billion-dollar company cuz he's valuing Bitcoin at like a million dollars or something out here.

[00:11:33]Absolutely wild.

[00:11:35]Max Keiser, Warren Buffett compared Bitcoin to rat poison and you know it's right. Warren is the rat, Jamie Dimon is the rat.

[00:11:42]>> There's our game but like >> Of course, friends. I hope one day we get to mug them because we deserve it.

[00:11:47]Like, subscribe, belly button all. Catch you in the next one.