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

well as all coins, because we are starting to see all coins do their relief rally following a bitcoins move. Now, the good thing about Bitcoin, after its recent pullback, you know, dropping down to about seventy eight k or so, it has bounced back and it's above eighty k. So, as we talked about in yesterday's podcast, I didn't expect this to be some sort of major downturn for bitcoin. I

still think there's more upside. There is a CME gap around eighty four thousand, and Bitcoin could overshoot and touch eighty seven, eighty nine or ninety thousand, right, we could go even higher. So we're gonna have to wait and see. And right now, Bitcoin still shows on the daily chart, the MACDI shows the bulls are still in control and the RSI still shows room to run. So let's see

what Bitcoin does in the coming weeks. But as we also talked about yesterday, guys, watch the all coin market because as Bitcoin cool down a bit, we are seeing Total three is breaking out even individual all coins. Look at the ONDO chart. My goodness, Onto had a major pump. It is so overheated right now, so you can probably see a pullback. But this is what we're going to start to see for the different all coins. So the proof is here. These are the charts, this is the data.

I'm not making it up. So we're seeing rotation of liquidity and again we're seeing confirmation of it on Total three as well as individual all coins. Onto being a great example with a major breakout here after crazy sideways consolidation for months upon months, we're seeing that breakout. So again, I do believe this is just a relief rally, not a move to new all time highs. If it goes to new all time highs within the next three to four months, I will gladly be wrong. I'll come on

here and say guys, I was wrong. 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 you know, the important thing, it will be up. But again, looking at all factors and everything that's going on, I believe this is just a relief rally and we most likely, as far as probabilities, we'll see new all time highs by next year. I think that's possible, but obviously not guarantee.

You know, we're talking probabilities here. So the other factor was highlighting that it's giving confirmation to this all coin rally is the bitcoin dominance is breaking down, so bigcoin's losing its dominance, and alts are starting to wake up. These are things we've seen before. In addition, this rally is legit because we're seeing you as the t dominance continue to drop, meaning the stable coin liquidity, it's making its way back to the market. So this is very

good guys. I'm sure many of you are happy about this. It's better than being in a massive down trend going to lows. And you know, 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. How low, I don't know right. I've been saying it could go test the lows we did in February fifty AK or go to fifty k. Right, So maybe after this rally

is complete it does do that, or maybe not. Again, we don't have a crystal ball, but we're looking at the probabilities. So I hope you appreciate I'm giving you the different scenarios. I'm not biased to one side because I don't want to be a fool. I don't want to say, hey, oh it's going to be going to pump to two hundred thousand dollars next month, or it's going to drop the thirty thousand. That that would be stupid, right, But I want to at least say, here's the possibilities,

and that's what we're saying. The other factor we've been looking at, because it's highly correlated, is the stock market. Guys. The S and P five hundred continues to make all time highs Bulls are still in control per de mac D. However, the SMP five engine and the NASDAC are both in the overbot zone. Pretty RSI. Now, the stock market, because it's so massive, not as volatile as crypto, and there's more liquidity. It can stay in the overbot zone for a long time. 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 overbot zone. So this could play out over the next three to four weeks before you have some major correction, but it continues to print new all time highs. This is very good for crypto, right. It bodes well because there's a high correlation here. But guys, we're seeing all the things we want to see breakout on total three individual all

coins are waking up. In fact, one analyst shared the crypto market cap excluding the top ten, which is different from the total three, right, so everything in the top ten removed that is breaking out as well. So it means all coins further down the list are starting to at liquidity and are waking up. Very very good, guys. 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 CLARITYAC markup will happen next week on May fourteenth at ten thirty am. So we are moving forward with this bill, the cryptical legislation, and you know, one of the things I've been talking about, there's going to be I think a big bider rumor sell the news event once this bill passes, and we could see the start of the supercycle.

That doesn't mean we're not gonna see corrections. It means more liquidity will start pouring into this market as we head into the bull market. So I believe we're going to see a really big bull run, you know, come next year and even into twenty twenty eight, and all ambiguity, all confusion will all be put to rest because the Clarity Act will give the institutions and all the players the ability to just build, invest, innovate, and much more. So very very exciting. So today my co host Amanda

and I interviewed Cody Carbone of the Digital Chamber. We went through all the details about the Claritiac markup and much more, as well as the Bitcoin Reserve news that's coming very soon and that interview is going to be published tomorrow morning, so you don't want to miss it. But guys, we're making progress. The stable coin compromise is done. The bill is now going to the markup. It's then going to have to be passed in the Senate and then it'll go back to the House to be passed,

and then it will go to President Trump. And as Patrick Witt, the White House crypto advisor said recently, he anticipates this all is going to be completed by July fourth. So again, we got maybe another two months for this rally, and bitcoin could go higher, maybe we touch one hundred k. Again, I don't anticipate and move to new all time highs and alts really pop off, so let's see. It's a

very good time. But I also want to be cautiously optimistic because the stock market is overheated, the Iran war situation still in the background, right, So this is where as an investor, I'm looking at all things, all the rewards, the risk, the situations, and look at the probabilities of what may play out, right, guys, So I hope you appreciate that that we're looking at this holistically from a

three to sixty view. So I'm really really happy what I'm seeing here on the charts, guys, and what the metrics are showing me, not feelings and emotions, just the chart is showing me some good things. So that's what I'm happy about now. Quick word from our sponsor.

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we got a big update here from Blackrock. So we already know.

bank accounts. The asset manager file paperwork for a digital share class tied to its six point one billion dollars black rocks select treasury based liquidity fund, which invests in cash, US Treasury bills, notes, and short term securities with maturities of ninety three days or less. The TOKENI shares are expected to run on the Ethereum blockchain alongside the funds existing share classes. The filing shows how major financial firms are moving closer to the stable coin economy as blockchain

based markets continue to expand. Big move here by Blackrock, and they're going to continue to do more.

So I think they're going to continue to lead to charge and innovate, and they are the world's largest asset manager closely tied to the government, so you want to watch what they're doing. This is incredible and again we're going to continue to see more and more of this. So very bullish news here for Etherorem, but we know there's not going to be one chain to rule them all. Blackrock. While they have launched on Etherorem, they've expanded to other chains as well, so it's going to be certainly a

multi chain world. But very big news here, and expect the competitors to do the same. All right, guys, that's the news. Obviously. The big news is the charts and everything that's happening here and the Clarity markup. That's next week. So I think next week should be a big one. We could continue to see these all start to rally. Anyway, Guys, leave your thoughts and comments below, hit the thumbs up button.

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