Bitcoin OGs Are Finally Selling

"The fact that we've had three four years three four year crypto cycles in a row is kind of not enough to make a data set. Yes, it's a nice pattern and yes it's it's played out up to now but you I don't think three times is enough that you can call it a rule. Yeah, you can't. Uh indeed. And then also there's other forces at play. US fiscal policy, stock market strength, global equity that's now driving Bitcoin's price more than just h havinging math. Yeah, I mean I I think it's probably fair to say that the hing just is is no longer relevant in any way."

"So, you know, that's a thing that's changed this cycle. And I think when you're talking about US fiscal policy as well, you kind of you kind of have to factor in Donald Trump as well and the Trump administration. Now, that's not to say that he hasn't been very good for crypto and that he hasn't kept his promises to the industry because he has. Uh, and that is certainly lordable. But I think it's the very fact that Trump is so unpredictable. Um, he has created this, you know, we've had the tariffs and this tariff thing is ongoing. Like this is not just because uh Trump and she made all nice last week. The tariff thing is not going away and we're seeing it with Canada. You know, it flared up recently with Canada. Um, it could flare up with Mexico again before too long. And you know there this is a this is a thing that I think is going to come to uh define this this second Trump administration. So it's it's really important to consider that although he has been very good for crypto, he's also created this very uncertain uh landscape. Yeah, indeed."

"The fact that we've had three four years three four year crypto cycles in a row is kind of not enough to make a data set. Yes, it's a nice pattern and yes it's it's played out up to now but you I don't think three times is enough that you can call it a rule. Yeah, you can't. Uh indeed. And then also there's other forces at play. US fiscal policy, stock market strength, global equity that's now driving Bitcoin's price more than just h havinging math. Yeah, I mean I I think it's probably fair to say that the hing just is is no longer relevant in any way."

"I said we can be bullish in this. The Sorry, I just I can't help myself. It's like it's like this bear just wants to burst out of my chest like an alien."

"So, you know, that's a thing that's changed this cycle. And I think when you're talking about US fiscal policy as well, you kind of you kind of have to factor in Donald Trump as well and the Trump administration. Now, that's not to say that he hasn't been very good for crypto and that he hasn't kept his promises to the industry because he has. Uh, and that is certainly lordable. But I think it's the very fact that Trump is so unpredictable. Um, he has created this, you know, we've had the tariffs and this tariff thing is ongoing. Like this is not just because uh Trump and she made all nice last week. The tariff thing is not going away and we're seeing it with Canada. You know, it flared up recently with Canada. Um, it could flare up with Mexico again before too long. And you know there this is a this is a thing that I think is going to come to uh define this this second Trump administration. So it's it's really important to consider that although he has been very good for crypto, he's also created this very uncertain uh landscape. Yeah, indeed."

"I said we can be bullish in this. The Sorry, I just I can't help myself. It's like it's like this bear just wants to burst out of my chest like an alien."

"So, you know, that's a thing that's changed this cycle. And I think when you're talking about US fiscal policy as well, you kind of you kind of have to factor in Donald Trump as well and the Trump administration. Now, that's not to say that he hasn't been very good for crypto and that he hasn't kept his promises to the industry because he has. Uh, and that is certainly lordable. But I think it's the very fact that Trump is so unpredictable. Um, he has created this, you know, we've had the tariffs and this tariff thing is ongoing. Like this is not just because uh Trump and she made all nice last week. The tariff thing is not going away and we're seeing it with Canada. You know, it flared up recently with Canada. Um, it could flare up with Mexico again before too long. And you know there this is a this is a thing that I think is going to come to uh define this this second Trump administration. So it's it's really important to consider that although he has been very good for crypto, he's also created this very uncertain uh landscape. Yeah, indeed."

"So, you know, that's a thing that's changed this cycle. And I think when you're talking about US fiscal policy as well, you kind of you kind of have to factor in Donald Trump as well and the Trump administration. Now, that's not to say that he hasn't been very good for crypto and that he hasn't kept his promises to the industry because he has. Uh, and that is certainly lordable. But I think it's the very fact that Trump is so unpredictable. Um, he has created this, you know, we've had the tariffs and this tariff thing is ongoing. Like this is not just because uh Trump and she made all nice last week. The tariff thing is not going away and we're seeing it with Canada. You know, it flared up recently with Canada. Um, it could flare up with Mexico again before too long. And you know there this is a this is a thing that I think is going to come to uh define this this second Trump administration. So it's it's really important to consider that although he has been very good for crypto, he's also created this very uncertain uh landscape. Yeah, indeed."

"But yeah, we thought it would would be bullish, but no, we were wrong. Markets completely tanked overnight. Just look at that. This morning was terrible. Not looking good there, bro. Yeah, Anything coming that we any straws that we can clutch? This week, this week, a few straws to clutch? Uh the government is still shut down, so the government can't mess things up with bad data. Uh Supreme Court decision on Wednesday. Good one as well to watch. We'll get into that in a bit. I think we should call um November whatever whatever because no whatever happens this month, it can't be worse than October. Touch word. Oh, now you said it. Now you said it. Keep receipts on this one, guys. Keep receipts on that, guys."

"I said we can be bullish in this. The Sorry, I just I can't help myself. It's like it's like this bear just wants to burst out of my chest like an alien."

"If you think about early stage investors, if Bitcoin is analogist to a company, you have early stage investors who back a company from its early early days and when they come to the IPO, they sell out of their shares when in the public markets, right? That's not the end of the the company. In fact, it's as he put it, it's not the beginning of the end, it's the end of the beginning. Now we start a new chapter with Bitcoin. It's now becoming an massive institutional widely adopted asset for traditional financial markets. And as a result, if these OGs selling, which is what we've seen over the past few months, if that is them exiting from the IPO, they've held these coins for 10, 15 years. Can you imagine how long and how much that they must the resilience they had to have had to hold to all of that and they deserve their opportunity to be able to sell out, right? And uh this just means that it's now consolidating and moving into the distributing into the hands of Tradfi. And what's interesting, and here's another point I just came across today, is like over October about 405,000 Bitcoin was moved from these old wallets, distributed to the market, sold, whatever. And the fact that Bitcoin still managed to first of all, there was a bid for that, right? And the fact that they still man still managed to maintain over $100,000. Yeah. That's that's resilience. That's strength, right? So tell me, obviously this these OG whales will eventually stop selling as they distribute, right? And as the more of them come out and they take it out of their cold storage and everything and then there will be then the the selling will stop and hopefully the demand will come in from all the other bullish catalysts that we talked about macro QT ending clarity act what's going on with uh next year as well potentially all the positive macro catalysts."

"And as a result, if these OGs selling, which is what we've seen over the past few months, if that is them exiting from the IPO, they've held these coins for 10, 15 years. Can you imagine how long and how much that they must the resilience they had to have had to hold to all of that and they deserve their opportunity to be able to sell out, right? And uh this just means that it's now consolidating and moving into the distributing into the hands of Tradfi. And what's interesting, and here's another point I just came across today, is like over October about 405,000 Bitcoin was moved from these old wallets, distributed to the market, sold, whatever. And the fact that Bitcoin still managed to first of all, there was a bid for that, right? And the fact that they still man still managed to maintain over $100,000. Yeah. That's that's resilience. That's strength, right?"

"And if you guys go back to continue the analogy and take a look at when Facebook IPOed, Apple, Amazon, all of these companies, it's not the end of the It's not the beginning of the end. It's the be it's the end of the beginning and now we move on to the really exciting stage of adoption. So, you know, now if unlike if you're not like one of those OG paperhanded whales who's suddenly selling and instead you want to hodddle your Bitcoin or indeed any of your other crypto, then the perfect way to do it is with a Tandem wallet."

"So, you know, now if unlike if you're not like one of those OG paperhanded whales who's suddenly selling and instead you want to hodddle your Bitcoin or indeed any of your other crypto, then the perfect way to do it is with a Tandem wallet."

"So, we're going to get into some TA in a second, but before we do, there's something very, very important that I must do, and that is a clout chase. Because last stream, I gave out one play and I said Zcash between $275 and $300 is probably a good bet, and that's where I would be buying. And you can see right here, it came down to $298 before pumping up 50%. So, all right, I'm just going to say that's the only one that I gave out and that's the only one that pumped. um at least what it seems like in these freaking markets. Everything seems to be going down."

"And so, yes, I'm doing some clout chasing right now because I feel like that was a pretty good play. And if you want to get into Zcash cuz you think it's going to keep on going up, you know, honestly, it's anyone's game what's going to happen right now, but I'd say around 360 is probably a good level. I really don't want it to close underneath the $298 where this wicked down. um if it closes underneath here, I'd probably just cut it and I would just start looking for shorts to ride it, you know, ride it down quite a lot. And so that was ECAS, but there was also another one that actually ended up popping off going crazy and that was actually Dash that went up 133%. I know everyone loves Dash."

"And so, yes, I'm doing some clout chasing right now because I feel like that was a pretty good play. And if you want to get into Zcash cuz you think it's going to keep on going up, you know, honestly, it's anyone's game what's going to happen right now, but I'd say around 360 is probably a good level. I really don't want it to close underneath the $298 where this wicked down. um if it closes underneath here, I'd probably just cut it and I would just start looking for shorts to ride it, you know, ride it down quite a lot. And so that was ECAS, but there was also another one that actually ended up popping off going crazy and that was actually Dash that went up 133%. I know everyone loves Dash."

"And honestly, Dash was in the privacy coin video that I did not too long ago talking about other potential movers. So, funny enough, how this actually did end up going up. And if you do look at it, I mean, we had this major major major support/resistance area uh at around $64. And so, honestly, if it comes back down there, that would be a pretty decent looking buy just from a technical standpoint. So, I'm definitely going to be putting out alerts around $64, $65. And if it does come down there, then what I'm going to do is I'm going to go into the lower time frames. So, I started out on the weekly and then what I'll do is I'll go down into the 12-h hour and then once my alert goes off around this area, then I'll start looking for certain patterns to form. Maybe it'll, you know, be going down like this, right? And then maybe it'll, you know, come up and then create a higher low and a and a lower high on the um lower time frames and then I'll be more confident in going in. or maybe it'll, you know, be coming down and it'll come down like this and then it'll just put in a huge wick, you know, go down and go up and that could be something that I could look for to buy and then, you know, target higher. But obviously, right now, it just pumped 136% in a few days, 3 days, I think. And so, to me, I don't want to be chasing this. That's just getting FOMO and chasing big green candles. I'd rather wait until something forms on the lower time frame in a big area of support and then go in."

"So, tomorrow it's the Ripple I think it's starting tomorrow. Starting today, we've got the Ripple Swell Conference in New York. Uh, it's a flagship Ripple event. Obviously, this is most XRP watchers are going to be glued to their screens with regards to all the announcements coming out of Ripple Swell. Mhm. So, keep an eye on that. And then keeping with another conference in New York, this is the smart con conference again for chain link for the link marines are keeping their eyes on that. Uh, so apparently there could be some interesting announcement coming out of this um this conference as well. Okay. Yeah. Okay."

"So, tomorrow it's the Ripple I think it's starting tomorrow. Starting today, we've got the Ripple Swell Conference in New York. Uh, it's a flagship Ripple event. Obviously, this is most XRP watchers are going to be glued to their screens with regards to all the announcements coming out of Ripple Swell. Mhm. So, keep an eye on that. And then keeping with another conference in New York, this is the smart con conference again for chain link for the link marines are keeping their eyes on that. Uh, so apparently there could be some interesting announcement coming out of this um this conference as well. Okay. Yeah. Okay."

"So we've kind of got to hope that he's right on AI because if he isn't, we are heading for one almighty market crash."

"And then we also had some on uh on Wednesday. What's quite interesting is we had a big sell off in meta and this was mainly because of concerns around um although the earnings this is we need to be updating this but it wasn't that the earnings were a miss. It's just that the markets were concerned about um the large amount of spending going into AI at Meta. So it was a sell off in meta itself and that's obviously led to a sell off in crypto as well."

"So it's really important to consider that although he has been very good for crypto, he's also created this very uncertain uh landscape."

"So, you know, that's a thing that's changed this cycle. And I think when you're talking about US fiscal policy as well, you kind of you kind of have to factor in Donald Trump as well and the Trump administration. Now, that's not to say that he hasn't been very good for crypto and that he hasn't kept his promises to the industry because he has. Uh, and that is certainly lordable. But I think it's the very fact that Trump is so unpredictable."

"Um, so, you know, that's good news I think like last month so the last time 2018 so in 2014 we had the first red October uh Bitcoin was up like 12% or so I think I need to see the chart somewhere the next month however in 2018 when Bitcoin was down in October it was down 30% in November so which which way do we go which way do we go western man yeah will it be red October or green November let's Um, okay."

"So, you know, that's a thing that's changed this cycle. And I think when you're talking about US fiscal policy as well, you kind of you kind of have to factor in Donald Trump as well and the Trump administration. Now, that's not to say that he hasn't been very good for crypto and that he hasn't kept his promises to the industry because he has. Uh, and that is certainly lordable. But I think it's the very fact that Trump is so unpredictable. Um, he has created this, you know, we've had the tariffs and this tariff thing is ongoing. Like this is not just because uh Trump and she made all nice last week. The tariff thing is not going away and we're seeing it with Canada. You know, it flared up recently with Canada. Um, it could flare up with Mexico again before too long. And you know there this is a this is a thing that I think is going to come to uh define this this second Trump administration. So it's it's really important to consider that although he has been very good for crypto, he's also created this very uncertain uh landscape. Yeah, indeed."

"So, you know, that's a thing that's changed this cycle. And I think when you're talking about US fiscal policy as well, you kind of you kind of have to factor in Donald Trump as well and the Trump administration. Now, that's not to say that he hasn't been very good for crypto and that he hasn't kept his promises to the industry because he has. Uh, and that is certainly lordable. But I think it's the very fact that Trump is so unpredictable. Um, he has created this, you know, we've had the tariffs and this tariff thing is ongoing. Like this is not just because uh Trump and she made all nice last week. The tariff thing is not going away and we're seeing it with Canada. You know, it flared up recently with Canada. Um, it could flare up with Mexico again before too long. And you know there this is a this is a thing that I think is going to come to uh define this this second Trump administration. So it's it's really important to consider that although he has been very good for crypto, he's also created this very uncertain uh landscape. Yeah, indeed."

"I said we can be bullish in this. The Sorry, I just I can't help myself. It's like it's like this bear just wants to burst out of my chest like an alien."

"So, you know, that's a thing that's changed this cycle. And I think when you're talking about US fiscal policy as well, you kind of you kind of have to factor in Donald Trump as well and the Trump administration. Now, that's not to say that he hasn't been very good for crypto and that he hasn't kept his promises to the industry because he has. Uh, and that is certainly lordable. But I think it's the very fact that Trump is so unpredictable. Um, he has created this, you know, we've had the tariffs and this tariff thing is ongoing. Like this is not just because uh Trump and she made all nice last week. The tariff thing is not going away and we're seeing it with Canada. You know, it flared up recently with Canada. Um, it could flare up with Mexico again before too long. And you know there this is a this is a thing that I think is going to come to uh define this this second Trump administration. So it's it's really important to consider that although he has been very good for crypto, he's also created this very uncertain uh landscape. Yeah, indeed."

"And the last coin that I want to talk about is virtuals because this has caught my eye. It has absolutely crushed Bitcoin over the last nine days. And uh it's up quite substantially. And not only is it up quite substantially, but this white line, you could see, has been a huge major support plus a huge major resistance plus a huge major support plus a huge major resistance. And now it's coming back into it being a huge major support. So I'm going to assume that it's going to do what it's done in the past. Every time it came above it, it would hold it as support. and when it broke below it, it would get rejected from it as resistance. So now it's back above here. Um, so I am actually starting to stack in to virtuals literally right now. I just bought some. So if you're watching this, uh, not financial advice, but I'm just saying what I'm doing. And honestly, I think that you could have a stop loss, you know, somewhere around uh 1.17 1.18 underneath, you know, this previous low because I'm assuming that it's going to make a high, a low, a higher high, and now a higher low. The only thing that I might think that it might do is uh come down below 1.164 cuz that's the golden ratio. So maybe you want to have your stop loss, you know, at 1.09, something like that. but it does seem to be at a pretty decent spot, especially compared to a lot of other coins that are just down only. And so I personally am hoping that virtuals bounces from around this area. Um, obviously it's up to everyone to do whatever they want to do. Nothing is financial advice, but this is part of the ecosystem that I feel most bullish on in general and this is the biggest coin in that ecosystem. So maybe worth giving it a shot even though the entire market does look pretty cooked."

"On top of that, also Wednesday, as we mentioned it in the intro, uh it's a big day for Trump because this is when the Supreme Court is here in the tariff case. Yes. Okay. So, there is a chance that these these tariffs just get overturned. Oh man, I can't at this stage. Just keep them on, bro. At this stage, it's just like please, no more no more uncertainty, no more volatility, please. Um, yes, that is uh that is definitely going to be one to watch that on Wednesday. So, um, yes."