XRP passes two dollars as it continues its parabolic pump, and it even surpassed Solana on the market. Capitalist is the theorem next? And will we see a one hundred thousand dollars bitcoin this coming week? As we have the post things giving retail fomo, I'll share the details with you. Let's get into it. Hey, everybody, welcome into the Thinking Crypto podcast. You're home for cryptocurrency news and interviews. I'm
your host, Tony Edward. On your way in, Please sit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify or Apple, please leave a five star rating and review. Folks. It's great to be back. I took some time off for Thanksgiving, traveled a bit with the family, had some great times with the family,
and I hope you're all doing well. And of course, guys, I was asked a lot of questions about crypto while I was with my family because the markets have been pumping. We know this is something that happens, and the retail fomo kicks in, so I want to talk about what we could see this week. Coins like XRP are ripping and much more. Let's set the table with bitcoin, because Bitcoin is the driver of the market right now, Bitcoin cooling off, consolidating a BIB, and we're seeing the rotational
liquidity into XRP and all their all coins. Right, we've talked a lot about this. This thing moves in cycles, and this will happen multiple times as we head towards
the blow off top. Now there will be the epic all season that we see at the end of the cycles when Bitcoin hits it's all time high and that's it for bitcoin, right, So we have to pay attention to the charts and we have to make sure we're following what's happening here because guys, we are in the final phase, the fifth wave, as many would call it, and this is not the time to look away from
the market. You must pay attention. This is the time smart money is looking to exit and a lot of institutional investors are actually taking profits on bitcoin and they will do that in phases, and even long term holders are doing that. The on chain metrics show that. So this is the time to pay attention. Dumb money comes in now, right, they see the poems and they started jumping in, and it's of course the wrong time for them, and many of them don't understand there's going to be
a blow up top. They think it's just going to keep going up. So this is why we want to be educated. We want to know what's happening in the macro with the charts, what are the indicators in different signals telling us, and use the data to make informed decisions. So Bitcoin futures already broke one hundred thousand dollars guys, indicating that many folks are anticipating one hundred thousand dollars
very soon. So I think there's a high probability of one hundred thousand dollars happening this week as we have the post Thanksgiving a retail fomo and we had just touched ninety nine thousand, five hundred, So we are so close. We're knocking at the door. And if it's not this week, it could probably be within the following week. So from a macro perspective, we're seeing that four year cycle play out.
You know, historically people used to think it was the having, but it's actually global liquidity which runs in tune with the governments and the election cycle. Because the incumbents usually print money to make the markets look as best as possible because they want to get re elected. And this is what we've been tracking. All assets are moving with
global liquidity, guys. And it's not just the FEDS M two money supply, but it's China and all the big countries, and we know they're going to continue to print money. This is the system. We live in, the Fiat system, and that's going to drive asset prices higher. So Crypto Wizard a great analyst who's been doing some great calls on XRP. Actually he's calling for one hundred and twenty thousand dollars as the next big target, So that could
literally happen in December this month. So be prepared, guys. Once again, this is not the time to ignore the market. This is the time to keep your eyes peeled on the charts. So be prepared. Have a cash out plan. You know, I personally, in full transparency, I'm up significantly in my portfolio of more money than I've ever seen in my life and I've ever made in this market, and I plan to continue to ride these cycles. But this is why you have to have a plan, because
until you actually cash out it's fugezy, it's unrealized gains. Right, you haven't actually liquidated the asset to get FIAT. And I've told you guys, my plan is to take some of that FIAT and reinvest it in the bloody bear market, take some of it and pay off debt, take some of it and spend and also add some to my retirement nest egg, so to speak. And that's my plan. You know, you don't have to follow my plan, but make sure you have some sort of plan because everyone's
financial scenario is different. But you got to have a plan. You got to know what you're doing here, folks, because this bull market it's not going to last forever. It's going to come and go and then you got to wait another four years based on the cycles and so forth. So be prepared. Now, different indicators like the Bitcoin PI cycle top indicator are not flashing that the top is in. We got some ways to go, but you know this could easily change over the next two to three months,
so be prepared. Bitcoin whales will it's containing ten or more. Bitcoin continues to increase, and we also have the bitcoin supply and exchanges continues to decrease. It means there's less sell pressure here, so very good sign. And things are going to continue to get pretty crazy and heat up. So expect parabolic moves and media frenzy and everybody calling you. If you've been in crypto for a while, you know I'm already getting those texts and calls. And you're going
to see ridiculous price points. People are going to make the craziest price points for bitcoin, XRP and so forth. Be careful look at the charts, Use Fibonacci, use Elliott wave, so that you're not getting fooled by people who don't know what they're saying and they're just calling out random
price points. I've been on record that, for example, with XRP, which is currently sitting at two dollars and seventeen cents, I expect it to go between five to seven bucks and seven bucks is you know, above the three point six one eight. But we'll have to wait and see how things play out. Right now, it's moving very strong. It broke the all time high from twenty twenty one. But we know that bullmarket was cut short because of
the lawsuit against Ripple. But if you're using the Fibonacci model based on the twenty eighteen or twenty seventeen high. It gives you higher prices, but I'm playing it off the twenty twenty one to be conservative. It could go higher, but I've already started to see people making ridiculous, stupid price predictions like ten thousand dollars and stuff like that,
So be careful with that, guys. There's a whole bunch of people who are not here in the bear market, and they just come as taurtus in the bullmarket to get views and clicks. So remember who was here in the bear market, you know, telling you guys about the charts and the fundamentals and much more so. XRP going nuts.
It actually surpassed Solana on the market capitalist so right now it's in the number four, Solanas the number five, and if you guys recall back in twenty eighteen ish around that time or twenty nineteen, it had surpassed Ethereum for the number two spot. In fact, Chris from MM Cryptos said at seven dollars in seven twenty five cents, XRP would flip eth. Now these things are going to fluctuate.
Eth is going to go on its own run. Its chart is looking very bullish, with different analysts calling for an eight breakout. So these things are going to fluctuate. We'll see what happens as the market continues. But XRP has a very strong narrative in this cycle, with ETFs being filed obviously, with against her being out, Ripple winning the lion's share of the lawsuit against the SEC, the change in the SEC regime that's coming, and it could
mean that the Ripple lawsuit would wrap up. I think the SEC would pretty much, you know, just accept the whole settlement thing and they'll move on from there. But XRP is moving. All the haters are crying right now. There are a lot of people spreading fud for years. But I'm glad I held. My portfolio is up significantly. You know, I'm refreshing as this thing pumps and it's looking really good. Guys, But remember you got to have a profit taking plan. Crypto Wizard who you know, I
just talked about it earlier in the podcast. You know, he's giving a major boll target of around four dollars and fifty cents and an extreme bowl target of around eight dollars, and that's his prediction. But you know, no one can call the exact top. We have to look at probabilities and form our thesis. And this is why we ladder out with profit taking the same way we
dollar costs average in on the way down. We got a dollar cost average out because you don't know when this thing is going to wrap up, and there are different factors that could end bull markets. And something big that is around the corner for Ripple is that the NYDFS has indicated to Ripple they're about to approve the rl usz stable coin and it could launch on December fourth, so this week. So big things happening here and this
will be really big for the XRP ledger. And in fact, Ripple CEO Brad Garlinghouse apparently is going to be on sixty Minutes tonight, so that that would be an interesting interview. We'll see what he says. And that's a really big platform where it's going to reach a lot of retail folks. So folks like I said, really qui he will rotate. I think pay attention to ETH. It's about to break out here wrecked Capitals. That ETH is on the cusp
of a bullish weekly closed. Ralph Palell Macro Investors shared a great chart showing a bullflag forming here where Eith could easily break out, probably hitting five thousand very easily. And then I think, guys, ten thousand is in the cards. I could be wrong, but I think there's a strong probability of that playing out, so be prepared. Rotation of liquidity will take place, Guys. A great place you can buy all coins like xrp Ethereum, and much more. Salona
if you want is on Uphold. Uphold has three hundred plus cryptocurrencies. I've been using them since twenty eighteen. I've interviewed the CEO, CFO and menu folks, so I trust this platform. They are secure, They're reliable folks. They are fully reserved, they don't commingle or lend out your crypto funds,
and you can review their transparency report. They have a great app, and they also have a great feature called US the Interest Accounts where you can park your crypto profits or dry powder and earn four point sixty five percent apy. There are no lockups, so you can pull your money in and out at any time. There are no monthly fees, and it is FDIC insured just like a bank. So if you'd like to learn more about Uphold check out the link in the description. Now, guys,
check this out. You all know about Jim Kramer and inverse Kramer. Well, today he's posted something bearish. He says, raring to go. I guess raring to go, rearing to go? But are we ever overbought? So he said essentially saying the markets are overbought. So you always do the inverse of Kramer. This is bullish, So you got to use this as a signal. Guys, Now it's not the only signal.
We look at different metrics and so forth, but we know Kramer has that mainstream visibility with his TV show, on Twitter and so forth, and what we've seen and this is fact. When the man is bullish, that's the time to be worried because that means the market's going to pull back. He did it the other day. Hold a bitcoin, right, he said I'm bullish on bitcoin, and then bitcoin pullback. And then now he's saying, oh, we're overbought, so expect the stock market and crypto rally. Guys, you
can't make this up. Just go you look at all his tweets. I've inverse traded him many times. I remember doing it on PayPal, I did it on a warby Parker's stock and much more. I mean, and I made money just inversing this, dude. It's ridiculous. Now, guys, I want to share something that Donald Trump tweeted out, and it had to do with the bricks countries. As you guys know, many of them are looking to move away from the US dollar, and he's saying, look, he's gonna,
you know, hit them with tariffs and much more. But the point is, though, the conversation around currencies coming up, and you know what that means stable coins? Right, A big part of the US being able to maintain the world reserve currency status is that it needs to embrace stable coins that are US dollar back, and they need to pass crypto legislation. And in addition, for me, that Bitcoin Strategic Reserve definitely makes sense. So I'll read a little bit about what he said here just so you
have some context. He says, the idea that bricks countries are trying to move away from the dollar while we stand by and watch is over. We require a commitment from these countries that will neither create a new bricks currency nor back any other currency to replace the mighty US dollar, or they will face one hundred percent tariffs and should expect to say goodbye to selling into the wonderful US economy. They can go find another sucker. There is no chance that the bricks will replace the US
dollar in international trade. In any country that tries would wave goodbye to America. Now, a great way to in addition to tariffs is to have the stable coins right. Make it easy for people to transact in US dollar stable coins, especially that many people around the world want the dollar because it's a world reserve currency obviously has that power behind it, right, they don't want their local currency.
So you're able to get these US dollar back stable coins regulated, so like companies like Circle, PayPal, Ripple, and so forth can go inject those respective currencies into different markets. It helps the US dollar. Now, of course, the legislation needs to make sure that the people issuing the stable coins are doing the right things. They have the reserves and so for they're not doing bad things right, So we need to get stable coin legislation and crypto legislation
passed in the United States. Now, of course, we want to make sure that legislation is balanced. It's not draconian, it's not stifling innovation, but it's it's balanced, it's protecting consumers and it's allowing entrepreneurs and innovators to build. So it's interesting. Narratives are being built here for all of these things. Guys, it's fascinating to watch it play out. Or if folks, that's the news, let me know what
you think. Leave your thoughts and comments below hit the thumbs up button and guys, A great way you can support me in the podcast is by subscribing to my free email newsletter. It's one hundred percent free. It's on substack link wi being a description. Also, grab a copy of my book, Rethinking Crypto. It's available on Amazon and paperback and digital. Buy a copy for yourself, Buy a few copies for your friends and family, give it as a gift this holiday. Help them to learn about crypto. Guys.
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