URGENT: This Could KILL Crypto... (Watch Immediately)

Added: 2026-05-13

[00:00:00]What is your message to President Xi as it relates to the Iran war?

[00:00:05]>> Massive news today. So much is happening in crypto. A lot of good things are going to happen this week.

[00:00:12]>> You made reference to Bitcoin. It's just the newest, coolest software that will provide us an ability to do things that we could never have done before.

[00:00:20]>> But not everything is what it seems.

[00:00:24]This could kill crypto this year.

[00:00:27]Subscribe to Altcoin Daily for daily videos keeping you informed on everything crypto. Smash the like button and let's start right here. This affects you. Boom. The US Senate has officially confirmed Kevin Worsh, not for Fed chair yet, but as Fed governor, which is kind of a necessary yet bureaucratic step in the process to make Kevin Worsh the new Fed chair. So, for all intents and purposes, this is going through, meaning Jerome Powell is out, Kevin Walsh is in, and Crypto Clarity is next. In fact, the Senate Banking Committee has just published their Clarity Act draft bill.

[00:01:11]The markup is 10:30 a.m. in 2 days. Mark your calendar. This is good for you if you hold crypto because it is largely believed that Kevin Worsh wants to cut interest rates which would be very good for Bitcoin and crypto going up. In addition to that, he is also pro Bitcoin making him the first pro crypto pro- Bitcoin Federal Reserve governor and soon to be chair. Just listen to him speak on his support for Bitcoin. You made reference to Bitcoin and I thought I heard a little bit of condescension that people are buying Bitcoin and these things.

[00:01:50]>> But doesn't it re Charlie Munger, this is two or three years before he died, Charlie Munger attacked Bitcoin. He called it evil in part because it would begin to undermine the Fed's ability to manage the economy >> or it could provide market discipline or it could tell the world that things need to be fixed. Uh >> Bitcoin does not make you nervous.

[00:02:09]>> Uh Bitcoin does not make me nervous. I think of it as an important asset that can help inform policy makers when they're doing things right and wrong.

[00:02:18]Um, it is not a substitute to the dollar. I think it can often be a very good policeman for policy. And if I were to speak more broadly to what did Charlie Mer and others perhaps have in mind, um, there is a proliferation of securities that go under all sorts of names. many if not most of them are not worth what they're might be being traded for. So what did uh Charlie say and maybe his his pal Warren say there's the innovators, the imitators and the incompetence. They're real innovators that are happening in and around that new technology. And what I would try to impart towards um businesses and bankers is that the underlying technology that Mark showed me in that white paper or tried to show me in that white paper, it's just software. It's just the newest, coolest software that will provide us an ability to do things that we could never have done before. Can the software be used for good and evil? Yes, both like all software. So I don't cast dispersions like that. If there's a final point, it's these technologies are being built here. I don't just mean on Stanford campus. I believe in the United States and the world's most talented engineers from China and Europe and everywhere. They come to the United States even now to try to build this stuff. And my view is by building it here that gives us an opportunity to be more productive and create something very special over the next decade. In other news, President Trump makes his way to China today for a big meeting with the Chinese president. This is a big moment for both Trump and Xi Jinping, who both want to come out of this meeting with positive news for their respective countries. In addition, tech leaders like Tim Cook and Elon Musk will be in attendance, also representing the US and American business. Obviously, the Iran war will be discussed, which to be honest, Trump probably doesn't want to be the main focus of this meeting.

[00:04:22]We'll see what comes out of this meeting, but Donald Trump himself is predicting a lot of good things are going to happen.

[00:04:29]>> What is your message to President Xi as it relates to the Iran war?

[00:04:34]>> Well, I think number one, we're going to have a long talk about it. Uh, I think he's been relatively good to be honest with you. You look at the blockade, no problems.

[00:04:44]They get a lot of their oil from that area. We've had no problem and he's been a a friend of mine. He's been somebody that we get along with and uh I think you're going to see that good things are going to happen. This is going to be a very exciting trip. A lot of good things are going to happen.

[00:04:59]>> Now for the bad news. And to be honest, things like this could kill the Bitcoin bull run for this year. Let me tell you why. US headline inflation, the actual what it is, 3.8% 8% what they thought it would be 3.7% what it used to be 3.3%.

[00:05:19]So inflation is going up in the US and is actually higher than where they estimated it at this time. And it's high in general considering the Fed targets 2%. This is a huge problem for crypto holders who are expecting a bull run this year because in an inflationary environment like this, rate cuts are less likely. In fact, rate hikes might be more expected if inflation cannot be lessened. Rate cuts fooard on this news, writes analyst Paul Baron. And to go further, because Kevin Worsh will be the new Fed chair in the first couple FOMC meetings in general, he will probably be less likely to cut rates because he is the new guy and wants a very easy, smooth transition. And with only five remaining FOMC meetings where an interest rate decision will occur or happening this year in June, July, September, October, and December, assuming he's not going to cut rates in June and July, which you know, we just don't know. That just leaves September, October, and December. So, there is a growing point of view. It's crazy to me that investors in the US are still under the impression that they're still going to get significant rate cuts this year.

[00:06:36]The prediction markets are pricing it in like this. There is only a 3% chance of a rate cut by the end of this year.

[00:06:44]Prediction markets are now pricing a 54% chance of a hike before June next year.

[00:06:51]And as soaring energy costs continue to spike and inflation continues to run up, this environment could lead to hikes.

[00:07:00]The Fed is in a tough spot. What do you think is going to happen? Will Kevin Worsh cut rates this year? I think it's pretty obvious he's going to cut rates in the next 1, one and a half, two years. But what happens this year? If you are a bear or if you believe that Bitcoin is in a traditional 4-year cycle bare market, then the school of thought is this only five more months until we can all buy the Bitcoin bare market cycle low. You perhaps believe like analyst Benjamin Cowan believes that the business cycle which has been above 50 for the last four months in a row is coming to an end. it will end in a recession and because of unemployment rates rising, geopolitical conflicts rising, price of oil rising, inflation rising, then you are perhaps waiting for the four-year cycle to play out. If you believe that the ISM PMI business cycle is expanding and you're bullish on the economy and actually the stock market in general, then you believe that the lows are in. And although there will be plenty of volatility and you know we might even sweep the lows again, the low is for all intents and purposes in and maybe you believe that we're going to make a higher all-time high at the end of this year. Well, this is that bull case. The Russell 2000 is breaking out and Bitcoin is about to follow. The ISM PMI, the business cycle is expanding.

[00:08:22]Investors are rotating towards small caps. Bitcoin is next. This historically, literally has never failed. Here, listen to Coinvo trading.

[00:08:31]>> Every single time the Russell starts expanding and breaks out while the ISMP PMI is expanding, well then Bitcoin tends to have a massive, massive bull run. The Russell 2000 represents these small cap stocks in the US, right? So when this starts to rally, well then the investor risk appetite is getting higher and higher and eventually well then that will reflect onto Bitcoin. And right now the Russell 2000 is breaking out simultaneously as the ISMPI expands.

[00:08:59]Okay. So what comes next is again a massive Bitcoin bull run. So if you believe in the business cycle, first of all, you know that the business cycle has been suppressed for quite some time now. But if you believe that the business cycle is continuing to pick up and momentum is being built, this is that bullcase for Bitcoin and crypto.

[00:09:18]And we know that TJ is going to be drained and the QT is going to finish and the Chinese are increasing their balance sheet and we got regulatory changes coming and we got rate cuts coming blah blah blah blah blah and the ISM the business cycle follows that. So the next thing for the business cycle is to go higher. Business cycle going higher means we'll have money in our pockets. It goes into risk assets and that increases the price of crypto. It's not that complicated but nobody wants to believe it because you're looking at five minute charts um and scratching your nuts. Either way, Michael Sailor continues to just do him. And with his credit products, he's still able to buy more Bitcoin at the lows than he ever could before, buying 116 million worth of Bitcoin within a few hours of market open today. This is getting wild. And he continues to say he will just keep doing this.

[00:10:06]>> Going to buy a lot of Bitcoin. The price of Bitcoin is going to we're going to go back into a serious bull market. I think the equity premiums are going to expand.

[00:10:15]I think the MNAM's going to expand. I think we're going to have, you know, at at at 125,000 a bitcoin. You know, all of a sudden, we've got 100 pretty soon we have 150 billion, 200 billion of collateral.

[00:10:28]And uh as our Bitcoin nav expands, our capacity to issue credit increases.

[00:10:34]>> And to continue to show you the bullcase, there are so many different bottom signals that the bottom is in.

[00:10:41]Today, Bitcoin 30-day realized/historical volatility has dropped to just 1.73%, the lowest level this year. Big moves coming. Gold topping means Bitcoin bottoming. Historically, gold pumps, Bitcoin follows. Do you think something like this can still happen? I do. And yet, Bitcoin is at very pivotal resistance. If we can turn this into support, I would be bullish. But, you know, we need to really get out of this.

[00:11:12]Let me explain. At the exact same point in the 4-year cycle, Bitcoin has always retested then rejected at the 200day moving average leading to an average crash of 68% thereafter. With a lot of additional technical resistance around 83,500 combined with monetary and geopolitical uncertainty, do you believe that it's smart to assume that this time is really different? CryptoKid doesn't think so.

[00:11:41]What do you think? I mean, either way, this is key resistance we have to break over. And if we can turn this into support, that would be bullish. If you're interested in making money in crypto, make sure you subscribe. We put out one video every day keeping you informed. This is turning into a big week and a lot is happening in the next couple weeks. So this is certainly a time to stay to say to stay subscribed because with volatility this low and a coil up happening like this there is a a big move coming and you know I think a lot of people are are realizing that.

[00:12:14]See you tomorrow, my friends.