🚨 BITCOIN PUMPS AS US CHINA TARIFFS NEAR RESOLUTION! ALTCOINS READY TO WAKE UP!

Lots happening on the charts and price action today. Bitcoin currently trading at over one hundred and fifteen thousand dollars, so we saw a big move today and this was important because it's showing the bulls are grabbing the momentum. And if we look at the Bitcoin daily chart, we see the MACD has flipped bullish. This is what we discussed in yesterday's episode, and now we have two solid green bars on that MACD, so bulls are in control

right now. The RSI and the daily shows there's still room for the price to run up before we hit the overbought zone. So we got some more upside here. But the important part was the weekly closed. The weekly clothes that we got today was very good. It was over one hundred and thirteen thousand, four hundred dollars. This was something many different traders and analysts were highlighting that Bitcoin needed a weekly close above this price point, to

close above the twenty week SMA. So very good sign. Now I'm not here cheerleading that, oh man, we're gonna pump to one hundred and fifty thousand next week. No, no, no, we got work to do here. Bitcoin has work to do. We need more confirmation because the market can certainly fake us out. But I'm going to share some other factors that are very good. We've been seeing that the SMP five hundred has been hitting new all time highs, so this is very good. That Matt d on the daily

for the SMP five hundred also flipping bullish. And as we've been discussing over the past few weeks, gold has topped out here. Now whether that's a local or blow off top, I don't know. We'll have to wait and see. But nevertheless, rotational liquidity is happening. Notice that when gold topped out, the SMP five hundred hit a new all time high, and now bitcoin's running again. Do you see the thesis? Right? We're just looking at data here and a lot of people still don't grasp that we are

in a macro bull market for all assets. They're very tunnel vision focus, hyper focus on crypto, and I get it, that's where your money is. But you have to understand the bigger picture of what's moving these markets, and that's the debasement of currency, the liquidity. Global liquidity going up because central banks are printing, so you have inflation with the prices of goods, but also the inflation of the prices of assets. But they don't all move at the

same time. Each has its day in the sun, so to speak. Right, So gold has been ripping, you know, real estates at all time highs as well cryptostocks and much more. So we're in the everything bubble, if you want to call it that. But crypto, as Paul Trugione said, is the fastest horse in the race. So once again you have that correlation between gold and crypto. I wrote about this in my newsletter and much more. Guys, all

the data is there. Go sign up for my free email news that are a link would be in the description. So again we're seeing that rotation that's very good. And you know, individual stock indexes in addition to the S and P five hundred are breaking out, such as the Rustle, So that's very good, and in fact, Etherorem's chart has an identical structure to the Rustle right now, so we need to see ethereum breakout and enterprise discovery, and I believe the rest of the all coin market will follow.

So we often track Total three, which excludes Bitcoin, Etherorem, and stable coins, and we see that has been on the rise, but obviously pulled back due to the corrections we've seen over the past month or so. So Bitcoin leads the market, and then you have rotation from Bitcoin down to Ether and then to the rest of the all coin markets. I don't make the rules, that's just the data that those are the facts. So whether you

like bitcoin either whatever, that doesn't matter. What matters is the reality of the situation and what's taking place here. So again, folks, I've been talking about this for years, right, We've been talking a lot about it, despite floodsters, people getting emotional. Just the data, right, and a lot of these things I shared at the beginning of the year

with the tariff crash. Then the other factor that we've been highlighting is bitcoin dominance that has not collapsed like we've seen the previous tops of the prior bull markets, so we're waiting for that waterfall collapse down and it hasn't happened. We've had periodic pull drops, you know, where we had rallies like in Q one and Q two of twenty twenty four, then Q four of twenty twenty four, obviously over the summer July into August where bitcoin hit a new all time high. But we have not had

that massive collapse. So that is still on deck, and that's one of the factors that we're going to look at when we're saying, hey, the top is near right, because if that starts breaking down significantly, we're going to have to, you know, take action accordingly. Same same thing with USDT dominance. Now something big that is happen happening today. We're seeing a lot of progress with the US China

tariff situation. You know, a bunch of factors I've been outlining on this podcast as well as in my newsletter is that there are some macro factors that are aligning here as huge narratives to go with the market. The bull market continuing to a blow off top and that is one US China tariff resolution. So it seems like we're having we're getting that. I'll give you the details

after this. Number two, US government reopens. Number three FED continues to cut rates, and in fact, the FED funds of futures markets here on CME shows that there's about a ninety seven ninety eight percent percentage that the FED is going to cut this week. We're going to hear in October twenty ninth, of course. And then just recently we got a signal from Jerome Powell that the FED is going to ramp down quantitative tightening, and we know

quantitative easing is following that. Number four clarityac the crypto market structure build passing the Senate, and number five the SEC approves the individual all coin tts for XRP and much more so, folks. All of these things are on the horizon here. So this is why I am not bearish, not yet at least right I haven't seen the true euphoria parabolic move. No bull market ends in fear. And this is where you know people are just simply forgetting.

They're just caught up in the emotions of what's happening now versus let me step back and look at the grand picture, the macro and I've been preaching macro for a long time, and I hope I'm getting through to some of you guys to start looking at the market differently. So Scott percent US Treasury Secretary, you know, he said they have a substantial trade framework with China and it has been reached. So we got positive statements from both China and the US today. Trump is going to meet

with President g this week. So Scott Pissent said, President Trump gave me a great deal of negotiating leverage with the threat of one hundred percent tarifts on November first, and I believe we have reached a substantial framework that will avoid that and allow us to discuss many other things with the Chinese. So I think this is coming to a resolution. Is its sign seal delivered yet? Of course not right. This is why I said I'm not

celebrating yet. I want to see a lot of these things resolve, and I want to see bitcoin blast through the old all time high of one hundred and twenty six twenty seven thousand dollars. Then I'm going to start partying a bit, right if you get what I'm saying. Right now, we are digging our way out of this hole, and we have to build support levels, and there's going to be volatility. So please understand, I'm not saying call home and tell everybody that we're pumping to the moon

next week. The no, No, that's not what this update is about. It's to let you know we're seeing positive signs. We're moving up slowly but surely, and we have some big macro factors on the horizon. But things are starting to look very good, folks. So patience is the key, my friends, patients, patients, patients. Here's what Tom Leem, who's had some great calls you know this bull market cycle, had to say regarding the news about the US and China.

He says, positive development with US and China trade relations. He says up for equities, this includes the S and P five hundred QQQ and much more. He says up for a supercycle ethereum, up for bitcoin. So he is bullish, and you know yesterday we reported that he expects the

year to end in a big rally for stocks in crypto. Now, whether that's a blowoff top or a local top, we'll have to keep monitoring the metrics and the data, like bitcoin dominance, like the Bitcoin PI cycle top indicator, like what bigcoin whales are doing based on on chain data? Are they dumping? You know? Is that line on the chart going down in a big down trend? Right, We're gonna look at USDT dominance. How far down have we broken?

So these items, in addition to others, is what we're going to use to validate what the hell is happening. And you know, how should we execute as far as profit taking? So, folks, again, great signs. Bulls are capturing the momentum. We need to capture the weekly for bitcoin. But dealies in control of the bulls. The monthies in control of the bulls. So I like what I'm seeing here. Let's see what this week brings us now, folks, A great place where you can buy, sell, and stake your

crypto assets is on Uphold. Uphold is a great platform I've been using since twenty eighteen. They have three hundred plus cryptocurrencies and they also offer staking on twenty plus crypto assets. And best of all, folks, they are fully reserved. They don't commingle or lend out your crypto assets. I personally never had an issue with them. They're reliable and you can review their transparency report on their website. So they have a lot of transparency and openness there where

you can see what they're doing. In addition, they have a great rewards program called Uphold Rewards where you can earn up to five point twenty five percent on stable coins. You can also get twenty four hour early access to new tokens that they list. And these stable coins they support includes Ripples, r L, USD you can earn up to five percent there and USBC you can earn up

to five point two five percent there. And in order to participate, simply have to open the app once per month, deposit fifty dollars once per month, and trade fifty dollars once per month. So very simple, and they have a ton more other features guys, that you can check out. So once again, I'm a user of this platform, have been for years. So if you'd like to learn more about Uphold, check out the link in the description. Now, folks, we have some very big news around XRP and Ripples.

So XRP Ledger validator sees NFT to NFT trading potential in proposed batch amendment, so this is interesting. The proposed batch amendment for the XRP Ledger introduces atomic transaction capabilities. This amendment is particularly beneficial for NFT trades, enabling seamless NFT to NFT swaps in a single transaction, to insurer

security and automative see I've never heard of that. According to a validator, the BATCH amendment has reached sixty eight point five to seven percent consensus among validators, with eighty percent required for activation. So we continue to see developments on the XRP Ledger and in addition to other blockchains.

Right everybody's fine tuning adding new features. So this is really great atomic transaction capabilities, and that's a great feature that only blockchains enabled to have that atomic settlement, and I think it's it's going to be the game changer for how tradfy and the economies and much more transact with each other moving forward. I've often stated the markets, the economies, and the governments will all be running a

blockchain rail, so you need atomic settlement. So this is really great moving ahead, we got some updates around Solana here.

Solana's Marinade Labs CEO eyes lower barrier to entry for validators after the ALP and Glow upgrade, so similar to the XRP Ledger was seeing some up rates here for Solana. So Solana's upcoming OUP and glow upgrade could mark a turning point for the network staking economy. Coindest sat down with Michael Repetini, CEO of Marinate Labs, the firm that supports Solana's liquid steaking protocol Marinade, to discuss how the update aims to change the economics of running a validator

on Solana, significantly lowering the barrier to entry. As the Solana ecosystem prepares for an upgrade at the end of this year or in early twenty twenty six, Repidney shares his thoughts on how this shift could expand validator participation and improve decentralization even as higher hardware demands loom. So this is really great guys. Again, we're seeing progress around around the major chain. So both XRP, the xrpre ledger and Solana are both top top five assets, right in

the top ten. So this is what you want to see, continued innovation and expansion and much more. Now, final news

item here, coinbase wants to bring the entire startup life cycle on chain. CEO Brian Armstrong says, so coinbase continues to make a lot of progress. Yesterday we talked about their potential new token on base, you know, similar to the binance BnB token, right, and I mentioned, you know, that is something I may want to invest in given the size of coinbase, its brand, being the largest crypto exchange in the United States. And look, you just look at the performance of B and B and I wish

I bought that, you know, a while back. But I think we have that opportunity here with Coinbase. So Coinbase CEO Brian Armstrong has outlined an ambitious plan to move every stage of a startups journey from incorporation, to fundraising and public trading onto the blockchain. This would be huge, guys,

and I definitely see this all going on the blockchains. So, speaking on the TBPN podcast, Armstrong described his vision for an on chain life cycle where founders could incorporate their startups, raise seed rounds, receive instant capital in USDC, and eventually go public around the tokenized equity. Here's a quote. You can imagine this whole life cycle coming on chain, he said, adding that such a shift could increase the number of companies who go raise capital and get started out there

in the world. So Armstrong said startups will no longer need banks or lawyers to handle global transfers, as funding can be raised instantly through on chain smart contracts. Once capital arrives, founders can start generating revenue, accepting crypto payments, access financing, and even take their companies public directly on chain. What he's saying here is the future. Larry Fink and Black Rock and Wall Street already gave you the signal.

The future of finance is on chain. It's tokenization. Right. So you imagine being a founder and you have an idea and you want to build a company. You can do that on chain and open to a global market with people who can participate, And there's no longer the you have to be a hedgephorn or an accredited investor. You can be some random dude in Latin America or some country in Africa, or in India, wherever, somewhere in

Europe and you can participate. You can back that founder because you like their idea, right, and you would get a share in this form of a token. And in you, as the entrepreneur, the builder of the company, you know you can do so much more, raise capital, get more people to participate, so so many new opportunities here with this technology, and it's just game changing. So the world's going to change, folks. So this is why I keep saying this almost every podcast episode. I'm not just bullish

on this cycle, but the future cycles as well. And that's why when the bear market rolls around, I'm going to be backing up the truck, buying as much as possible, sitting back and being patient, right and waiting for the next bull market all the tops again. And that's what I'm doing right now, in full transparency. My portfolio is up, guys. I'm not if I would have to sell right now, I would be in some very good profits right but I know based on the data there's a bit more upside,

so I want to grab a bit more of that now. Obviously, no one can call the exact tops that we want to ladder out, and I'll be telling you, guys where I'm taking profits out. Of course, I've not taken any profits as yet, not on Bitcoin. My first price target I have in my sheet that I'm tracking all this is about one hundred and thirty five, and you know, I'll be laddering out as we go higher one forty five fifty YadA YadA, right, and the same thing for

Etherorem Salona XRP as well. So I'll be letting you guys know when I see the signals flashing. Now, as always, I don't cult follow me, you know, listen to different point of views. I'm human, I may get things wrong, but I hope you appreciate that. I'm pointing you to the facts and the data and not only looking at

but looking at on chain data and the macro. I think a lot of chart guys they get blinded by simply the charts, and it's like, hey, there's other factors you have to look at here that are driving markets. So we want to look at the market holistically. We want to be as educated as possible. So I hope you guys appreciate that. All right, folks, that's the news.

Let me know what you think. Leave your thoughts and comments below, hit the thumbs up button, and if you appreciated this content, please subscribe to my free email newsletter. It is one hundred percent free. Link will be in the description. Check out my book on Amazon it's available in paperback and digital, and my course at Mycrypto course dot com. This is a comprehensive course that teaches you everything about crypto. So, folks, thank you so much for

tuning in. I appreciate you all, and I'll talk to you all later