THE ALTCOIN RALLY HAS STARTED & CLARITY ACT MARKUP NEXT WEEK!

Ajouté : 2026-05-11

[00:00:05]Hey everyone, welcome into the Thinking Crypto Podcast, your home for cryptocurrency news and interviews.

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[00:00:22]Okay, folks, we've got to start with the price of Bitcoin as well as altcoins, because we are starting to see altcoins do their relief rally following a Bitcoin's move.

[00:00:32]Now, the good thing about Bitcoin, after its recent pullback, you know, dropping down to about 78K or so, it has bounced back and it's above 80K.

[00:00:40]So as we talked about in yesterday's podcast, I didn't expect this to be some sort of major downturn for Bitcoin.

[00:00:46]I still think there's more upside.

[00:00:48]There is a CME gap around 84,000 and Bitcoin could overshoot and touch 87, 89 or 90,000, right?

[00:00:57]We could go even higher.

[00:00:58]So we're going to have to wait and see.

[00:01:00]And right now, Bitcoin still shows on the daily chart, the MACD shows the bulls are still in control and the RSI still shows room to run.

[00:01:09]So let's see what Bitcoin does in the coming weeks.

[00:01:12]But as we also talked about yesterday, guys, watch the altcoin market, because as Bitcoin cool down a bit, we are seeing total three is breaking out, even individual altcoins.

[00:01:23]Look at the Ondo chart.

[00:01:25]My goodness, Ondo had a major pump.

[00:01:28]It is so overheated right now.

[00:01:29]So you can probably see a pullback, but this is what we're going to start to see for the different altcoins.

[00:01:35]So the proof is here.

[00:01:36]These are the charts.

[00:01:37]This is the data.

[00:01:38]I'm not making it up.

[00:01:39]So we're seeing rotation of liquidity.

[00:01:42]And again, we're seeing confirmation of it on total three, as well as individual altcoins, Ondo being a great example with a major breakout here after crazy sideways consolidation for months upon months.

[00:01:55]We're seeing that breakout.

[00:01:56]So again, I do believe this is just a relief rally, not a move to new all-time highs.

[00:02:02]If it goes to new all-time highs within the next three to four months, I will gladly be wrong.

[00:02:08]I'll come on in here and say, guys, I was wrong.

[00:02:11]We're at new all-time highs because at that point I don't care about being wrong about that because my portfolio will be the important thing.

[00:02:19]It will be up.

[00:02:20]But again, looking at all factors and everything that's going on, I believe this is just a relief rally.

[00:02:26]And we most likely, as far as probabilities, we'll see new all-time highs by next year.

[00:02:33]I think that's possible, but obviously not guaranteed.

[00:02:35]We're talking probabilities here.

[00:02:38]So the other factor I was highlighting that is giving confirmation to this altcoin rally is the Bitcoin dominance is breaking down.

[00:02:46]So Bitcoin is losing its dominance and alt are starting to wake up.

[00:02:49]These are things we've seen before.

[00:02:50]In addition, this rally is legit because we're seeing USDT dominance continue to drop, meaning the stablecoin liquidity is making its way back into the market.

[00:03:00]So this is very good, guys.

[00:03:02]I'm sure many of you are happy about this.

[00:03:04]It's better than being in a massive downtrend going to lows.

[00:03:07]And one of the things I've been saying recently was I believe the majority of the downside move was completed, but there was still a possibility Bitcoin could go down and test some lows.

[00:03:17]How low?

[00:03:17]I don't know.

[00:03:18]Right.

[00:03:18]I've been saying it could go test the lows.

[00:03:20]We did in February 58 K or go to 50 K.

[00:03:23]Right.

[00:03:24]So maybe after this rally is complete, it does do that.

[00:03:27]Or maybe not.

[00:03:28]Again, we don't have a crystal ball, but we're looking at the probabilities.

[00:03:32]So I hope you appreciate.

[00:03:33]I'm giving you the different scenarios.

[00:03:34]I'm not biased to one side because I don't want to be a fool.

[00:03:39]I don't want to say, Oh, it's going to be going to pump to $200,000 next month, or it's going to drop to 30,000.

[00:03:45]That that would be stupid.

[00:03:46]Right.

[00:03:47]But I want to at least say, here's the possibilities.

[00:03:49]And that's what we're saying.

[00:03:51]The other factor we've been looking at because it's highly correlated is the stock market.

[00:03:57]Guys, the S&P 500 continues to make new all-time highs.

[00:04:01]Bulls are still in control per the MACD.

[00:04:03]However, the S&P 500 and the NASDAQ are both in the overbought zone per the RSI.

[00:04:09]Now the stock market, because it's so massive, not as volatile as crypto, and there's more liquidity, it can stay in the overbought zone for a long time.

[00:04:18]If you go look at the chart throughout history, it will stay up there, even if it has little pullbacks, it will stay in the overbought zone.

[00:04:25]So this could play out over the next three to four weeks before you have some major correction.

[00:04:31]But it continues to print new all-time highs.

[00:04:34]This is very good for crypto, right?

[00:04:36]It bodes well because there's a high correlation here.

[00:04:39]But guys, we're seeing all the things we want to see.

[00:04:41]Breakout on total three individual.

[00:04:43]All coins are waking up.

[00:04:44]In fact, one analyst shared the crypto market cap, excluding the top 10, which is different from the total three, right?

[00:04:52]So everything in the top 10 removed, that is breaking out as well.

[00:04:56]So it means all coins further down the list are starting to get liquidity and are waking up very, very good, guys.

[00:05:04]Now, part of what's driving some of this bullishness, in addition to liquidity and everything else that's going on, we just got confirmation today from the Senate that the Clarity Act markup will happen next week on May 14th at 10 30 a.m.

[00:05:21]So we are moving forward with this bill, the crypto legislation.

[00:05:26]You know, one of the things I've been talking about, there's going to be, I think, a big buy to rumor sell the news event once this bill passes and we could see the start of the super cycle.

[00:05:36]That doesn't mean we're not going to see corrections.

[00:05:38]It means more liquidity will start pouring into this market as we head into the bull market.

[00:05:44]So I believe we're going to see a really big bull run, you know, come next year and even into 2028.

[00:05:51]And all ambiguity, all confusion will all be put to rest because the Clarity Act will give the institutions and all the big players the ability to just build, invest, innovate and much more.

[00:06:04]So very, very exciting.

[00:06:06]So today my co-host, Amanda and I interviewed Cody Carbone of the Digital Chamber.

[00:06:10]We went through all the details about the Clarity Act markup and much more as well as the Bitcoin Reserve news that's coming very soon.

[00:06:19]And that interview is going to be published tomorrow morning, so you don't want to miss it.

[00:06:23]But guys, we're making progress.

[00:06:24]The stablecoin compromise is done.

[00:06:26]The bill is now going to the markup.

[00:06:28]It's then going to have to be passed in the Senate and it'll go back to the House to be passed and then it will go to President Trump.

[00:06:34]And as Patrick Witt, the White House crypto advisor said recently, he anticipates this all is going to be completed by July 4th.

[00:06:42]So again, we got maybe another two months for this rally and Bitcoin could go higher.

[00:06:49]Maybe we touch 100K.

[00:06:51]Again, I don't anticipate move to new all-time highs and alts really pop off.

[00:06:57]So let's see.

[00:06:58]It's a very good time, but I also want to be cautiously optimistic because the stock market is overheated.

[00:07:05]The Iran war situation is still in the background, right?

[00:07:09]So this is where, as an investor, I'm looking at all things, all the rewards, the risks, the situations, and look at the probabilities of what may play out, right, guys?

[00:07:20]So I hope you appreciate that, that we're looking at this holistically from a 360 view.

[00:07:25]So I'm really, really happy what I'm seeing here on the charts, guys, and what the metrics are showing me.

[00:07:30]Not feelings and emotions, just the chart is showing me some good things.

[00:07:34]So that's what I'm happy about.

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[00:10:01]OK, guys, we got a big update here from BlackRock.

[00:10:05]So we already know BlackRock has tokenize its own money market fund on Ethereum and other blockchains, right?

[00:10:11]It's called Biddle.

[00:10:12]Well, they're planning to launch more money market funds on Ethereum.

[00:10:15]So BlackRock is preparing to launch two tokenized money market funds for investors who keep cash in stablecoins rather than traditional bank accounts.

[00:10:24]The asset manager filed paperwork for a digital share class tied to its six point one billion dollar BlackRock select treasury based liquidity fund, which invests in cash, US treasury bills, notes and short term securities with maturities of 93 days or less.

[00:10:41]The tokenized shares are expected to run on the Ethereum blockchain alongside the fund's existing share classes.

[00:10:48]The filing shows how major financial firms are moving closer to the stablecoin economy as blockchain based markets continue to expand.

[00:10:56]Big move here by BlackRock and they're going to continue to do more, guys, the future of the markets, the economies and governments will all run on blockchain rails and Larry Fink and BlackRock has been showing us the blueprint all along.

[00:11:11]They were ahead of the curve ahead of all Wall Street.

[00:11:14]They were the first to launch Bitcoin ETF as well as among the Wall Street players and as well as tokenizing.

[00:11:20]So the rest of the crowd followed after.

[00:11:22]So I think they're going to continue to lead the charge and innovate.

[00:11:24]And they are the world's largest asset manager, closely tied to the government.

[00:11:28]So you want to watch what they're doing.

[00:11:30]This is incredible.

[00:11:32]And again, we're going to continue to see more and more of this.

[00:11:35]So very bullish news here for Ethereum.

[00:11:38]But we know there's not going to be one chain to rule them all.

[00:11:41]BlackRock, while they have launched on Ethereum, they've expanded to other chains as well.

[00:11:45]So it's going to be certainly a multi chain world.

[00:11:49]But very big news here and expect the competitors to do the same.

[00:11:54]All right, guys, that's the news.

[00:11:56]Obviously, the big news is the charts and everything that's happening here and the Clarity Act markup that's next week.

[00:12:01]So I think next week should be a big one.

[00:12:03]We could continue to see these all start to rally.

[00:12:06]Anyway, guys, leave your thoughts and comments below.

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