DID TRUMP JUST START THE V-SHAPED RECOVERY FOR BITCOIN & CRYPTO?

Of course, you all know Friday the markets crashed. They dumped right because Donald Trump posted that he's going to implement one hundred percent tariff on China and much more. Right we know that. Well, today the man goes and posts on truth social that don't worry about China, it will all be fine. Highly respected President g just had a bad moment. He doesn't want depression for his country, and neither do I. The USA wants to help China, not hurt it, President DJT. So what happened? The markets

started reversing, so we see bitcoins pumping. Bigcoin is over one hundred and fifteen thousand dollars once again, the RSI and the daily chart moving away from that over soul zone. I think a lot of people who are going along got wiped out. I mean, I'm seeing the stories people losing lots of money. So the only way or direction to go is up. Right, We've seen these cyclical patterns. I've often told you it's like a pendulum. If you go to the overbought, expect a correction. If you're in

an over sold, expect a pump. Now, I don't know if we're fully out of the woods yet, right. This is a lot of volativity, a lot of uncertainty. It's not that the bull market's over, just in the short term. Expect we could see fake outs right, another rollover to test the bottoms and even go lower. I'm not saying that's guaranteed. I'm not saying it's a certainty, but as educated investors, we want to be prepared for all scenarios. Now, many of us are spottholders. We don't use your leverage,

so we're not worried about this obviously. It's just a matter of understanding what is coming next. And with this move upwards, guys, we got two hundred and twenty five million dollars, it's probably higher now of cryptos shorts getting liquidated, Guys, stay away from leverage. Whether you're going long or short, we're seeing both sides getting liquidated. It's a very risky game, and we talked a lot about it in yesterday's podcast.

Now with this crash, though, what's interesting some people are pulling up comparisons to the COVID crash that we saw in March of twenty twenty. The pattern looks very similar. So let's see could we have a V shape recovery and a massive rally follow It's possible. We'll have to wait and see. But some things I tweeted out about today that I think seems to be a bullish setup, both with macro factors and narratives. And one Trump essentially

backtracks or delays the China tariffs again. The US government opens up because right now is shut down, The FED cuts rates again, the Clarity Act gets passed in the Senate, and the SEC approves the all coin ETFs. All of these things could drive a massive bull market, not only for crypto but the stock market as well. And speaking of the stock market, in fact, CALSHI and other stock market futures are showing green that they're looking to open

sharply higher come tomorrow. So let's see how things play out. Here's what Macro investor Ralph Powell had to say about this all said and done, regardless of what sparked it, Friday was a flash crash. Flash crashes usually recover in V shapes back to their prior price slash range and usually go on to make new highs shortly after. In

this case, we entirely wiped out all accumulated leverage too higher. Now, I agree with him because what we've seen in the past, when you have huge liquidations, it's like a perfect setup for a massive rally. Again, you go out through a history and you look at when things like this have happened, and the market does the opposite, right, So this is

very interesting. Let's see how it all plays out now and the weekly bears are in control, you know, we're looking at the mac D here, but a green candle is starting to form on the weekly chart. Again, Let's see how this week coming week plays out. But if it does, you know reverse and sharply moves up. We could see things flip where bulls grab control. But from the higher time frame, the monthly chart. You know, yesterday we looked at it, there was a tiny red candle

on the monthly chart, it is now flip green. And as I've been telling you guys, the RSI is not in the overheated overboard zone like we've seen at previous tops, and the bulls are in firm control on the monthly. So this is why you got to look at multiple timeframes. You can't just look at one time frame, right, and you gotta look at different data points. As it relates to bitcoin dominance, which spiked up obviously because of you know,

all coins getting liquidated and much more and Bitcoin losing value. Well, now that the price is starting to recover, bitcoin dominance is starting to fall again. Same thing with US thet dominance. So there's no invalidation of what we've been talking about that these things are headed in a certain direction for the bull market to continue and to head to a blow off top. And when we look at the entire

market altogether, it's not just Bitcoin that's moving. So the total market cap is up seven percent back to three point nine to one trillion, The top twenty tokens on coin market cap are up just over seven percent, so we're starting to see some recovery here. But like I said, guys, I know I'm saying this again I'm repeating myself, but it could be additional volatility. You know how market makers and whales like to play with us, right, so let's

be patient. Obviously, if you're in spot, you're fine. No, none of us lost our shirts. But if you were using leverage, well, man, you got destroyed essentially. And I feel bad for a lot of people I see to post on x people losing tens of thousands, hundreds of thousands, millions of dollars and it sucks. But that's that's the

risk that comes with leverage trading. Guys. Now, I want to share something here from crypto Wizard, you know, specifically for XRP, because I shared some examples with Etheroreum yesterday. He says, not the end capitulation doesn't mark the end. Back in twenty seventeen, XRPT had a huge capitulation wick six weeks later it exploded to the upside and never looked back. It just had the same capitulation event. Can

it repeat? So we're seeing similar patterns here in the charts for all coins that this flash crash capitulation is just a tiny bullep in the radar resets. You know, the whole system deleverages the whole system and prepares us for maybe what could be the final run up to a blow off top. We'll have to wait and see. As I've been telling you guys, a scenario one is the blow off top still happens in Q four, maybe late November into December, or this spills into twenty twenty six.

That's where we're going to continue to monitor the different data points to get an idea where we're at. Nevertheless, I think the next local top or the blow off to whatever it is, I'm going to start exiting the market. I will let you guys know you know where am I exiting of which coins and things like that, because you know there's gonna be rotation of liquidity and Bitcoin leads the market, so I'll start exiting on Bitcoin first.

So that is my plan. Now. A great crypto platform that I'll be leveraging to buy the dips and as well as sell some of my crypto is Uphold. Uphold has over three hundred plus cryptocurrencies. I've been using them since twenty eighteen. They also offer a staking on twenty plus crypto assets, and folks, I've never had any issues

with Uphold. They are a great platform. They are one hundred percent reserve, they don't commingle or lend out your crypto funds, and you can review their transparency report that they have on their website and folks, they also offer a great rewards program where you can earn up to

five point twenty five percent on stable coins. They don't do any shady business, they do it the right way and part of this rewards program, if you participate, you can get twenty four hour early access to new tokens that they list and the stable coins they support includes Ripples, r L, USD you can earn a five percent there and USBC you can earn up to five point twenty

five percent there. And in order to participate, you simply have to open the app once per month, deposit fifty dollars once per month, and trade fifty dollars once per month. So great program, easy to use, lots of benefits, and they have a ton of other cool products and features, so check them out. Visit the link in the description. Now, folks,

with all the liquidations and much more, there's been a lot of controversy around binance, and here's the headline that you need to know about Binance pays two hundred and eighty three million dollars in compensation following Friday's dpegs covering

user losses. So Binance, the world's largest crypto exchange by volume, seted compensated users by of three binance earned assets to the tune of two hundred and eighty three million dollars after Friday's volatility caused the assets to dpeg from their intended price. Binance executives apologize to users after Friday's market downturn apparently triggered assets in three Binance earn markets or

Athena's stable coin US. The e Binance issued Salona Liquid Steak in token b N s O L and Wrapped Beacon Liquid Steak in token w b E t h TOO dpeg from their intended prices. Athene is us, the e intended to be pegged to a dollar briefly fell below sixty six cents on Binance. So there's also talks of insider trading that somebody, I don't know if it's Binance related or not, but someone open a short, you know, like a day before Donald Trump did his post. So

it seems like there's some massive insider trading here. But you know, we don't have that much details. We'll have to wait and see what the salutes and some of these folks are able to uncover. But these are things that happen in the stock market as well, So just so you know, it's not a crypto specific thing, you know, as far as insider trading and so forth. But you know,

markets have some level of manipulation happening. But at the end of the day, the pros that way the cons and we want to make sure we position ourselves and have the macro view. Don't use leverage, don't try to daytrade this thing, and you will be fine. You know, there's going to be the volatility, you know, as all markets have shown throughout history, but you know, we want to be smart. Buy the blood on the streets by the lows and sell the euphoric blow off top. Now,

final news item here. This is very fascinating. So the

user decode on x did a great job of compiling crypto assets bitcoin and all coins that are held by publicly traded companies and he put their value in by US dollar. So we've been seeing a lot of adoption a lot of digital acid treasury companies and it's really

great to get this information. So the top asset comes as no surprise, Bitcoin with over one hundred and nineteen billion dollars, eth at over fifteen billion dollars, Solana at over two billion dollars, Avax just over billion dollars, followed by Ena which is around eight hundred nine ninety million dollars, followed by Hype at six hundred million dollars, then BnB at just over five hundred and thirty five million dollars, followed by Sui at over three hundred and forty four

million dollars, and so on and so forth. It goes down XRPS on this list that just over one hundred and twenty one million. Doge is actually right above XRP at one hundred and eighty eight million dollars, fet if which is the fetch dot ai token over fifty five million dollars, Tawel which is bitten censor I believe over twenty five million, and like Cooin at over four hundred and sixty three thousand dollars. So very interesting the volume, And I hope someone builds some sort of tracker of this.

Maybe that's something I should do, and you know, start tracking this overall and get an idea which assets are being bought up by these publicly traded companies because these things are going to move prices and create a supplying demand economic play here, right, So the supply getting bought up quickly, some of it locked and staking for proof of steak tokens, plus the ETFs and much more. It's good to get an idea of how all this is playing out, all right, folks, that's the news. Let me

know what you think. Let me know what you think about Donald Trump's new posts today. And do you see a V shape recovery starting here? And we continue to rally into Q four. Doesn't mean we go up in a straight line, doesn't mean we don't see volatility, but the worst of it, I think maybe behind us, which happened on Friday, just like we saw in twenty twenty March twenty twenty with COVID. So if you appreciate it this content, guys, please be sure to support the podcast

by subscribing to my free email newsletter. It is one hundred percent free. Link will be in the description. And check out my book on Amazon. It's available in paperback, in digital, and my course at Mycrypto course dot com. Folks, Thank you so much for watching and listening. I appreciate you all, and I'll talk to you all later