[00:00] Definitely some people stepping in here to buy, which I guess is good news. totally honest. I'm not trying to sell within the next this asset. It's the best asset. I really want to buy it when everyone's
[00:13] flooded out. It's amazing how simple all of this is. Simple but not easy. It's not easy to hold a 50 odd percent drawdown and more drawdowns than that on multiple occasions. But look, previous bear market, 15k.
[00:27] This bear market, 60k. It's pretty It's pretty simple to look at it. But if you're looking at price levels and without the full picture of the actual trend of the asset of a time. This is my chart of truth. The orange
[00:39] line is the trend rate of growth. So, that's, you know, in a perfect happen to the Bitcoin price, right? So, it's never ever going to trade around that. I could be wrong, but my growth rate is 40%, 30%, 25%. 200 week moving
[00:54] zone. Forget the price. Look at where you are in relation to the trend. So, under this orange line, right? You had it here in this bear market, and we've got it again in this bear market. I personally hope that we stay here for as
[01:08] long as possible. I really do. I'm not trying to sell my Bitcoin right away. Oh my god, I need the price to go higher. Nope. I'm actually looking to I mean, what am I going to do? Sell my Bitcoin and, you know, I buy a buy a cup
[01:22] of coffee or what? It's just ridiculous. I'm trying to accumulate. So, I want the price to be down here. I want everyone to be flooded out. That's good for me. look, people are stepping in here. You can very clearly see that. So,
[01:34] uh this is short-term holder MVRV starting to just recover a little bit. recover pretty much when the price starts to stabilize or recover. Now, it can be, obviously, uh collapsed again if some crazy thing
[01:48] things are things are hotting up again. But interestingly, unlike last time with the big build-up not really doing that right now. And that's because you're just at a
[02:02] screaming buy zone. You're in the You're in the area where people say, "Oh, bad stuff can happen. I just don't care anymore." And that is a good price. When is up here, right? It's quite fancy. Now, something
[02:16] bad happens, people are like, "Whoa." Do you know what I mean? I think it come Bitcoin's down here, it's a different story. Oh, bad stuff's happening? Yeah, don't care. I just don't care because the price is right down here. We've
[02:29] already had a 50% collapse. So, the the risk-reward changes, right? But based on the price in relation to the trend. Like MVRV pricing In blue here, if you bought any of these levels,
[02:42] money. Right here. Right here, this bear market, again, it's it's so simple, yet difficult, right? Working out and being healthy, very simple,
[02:55] but few people do it. It's hard work. It's difficult. It takes a long time long-term conviction, hard work, doing the right things over and over where you don't see immediate gains. It's the same thing, right?
[03:07] This ultimately this asset is about, you know, human behavior really, because it just is money. So, that's why it's so fascinating endlessly despite how simple pick up some at the 200-week moving average, uh then go to Bybit, click the
[03:20] link in the description. They will give you up to a $30,000 deposit bonus to trade with um by that link down below. Is the clarity act going to go through? touch-and-go, right? The issue is how much money that the Trumps have made off
[03:32] of crypto through, you know, just things that can't be allowed to sustain, right? So, he's saying here, "Senate should pass a clarity act. China and many other happening." I don't really know what that means. They can't really take
[03:47] or the scale to take control of it, right? Um maybe they're saying, look, they need to just keep issuing USD and that's going to float mostly on Ethereum. Um, and Bitcoin, does China want
[04:00] I don't know if they really want it. Maybe the government just wants to hoard it or something, but no, I think that the issue here is that um, you have donors who want to push for this legislation
[04:13] and so you're saying that, but do do people really care about it, Coinbase last year from the pump and dump and the World Liberty Fi. The thing is, right, is that the pump and dump um, the the most egregious, just awful pump
[04:26] and dump I've ever seen in my life, right? This thing's down 95%. It's just absolute carnage, right? That is a scam. And to then pass the Clarity Act, I can look at this and just go like, we just can't support this thing, man, right?
[04:40] Liberty Fi, there's no way that anyone can genuinely think that this is going the years to come, right? Uh, especially when after he leaves office. Right here, right? You don't get any favors or anything like that. So,
[04:55] um, and they just have to kind of go away a little bit. And I don't know if maybe like to forget about it, which is on. It's a bit of an issue, to be honest, but Clarity, the whole the whole
[05:09] So, whether Clarity goes through or not, I don't know, but it seems like they're look, it's good news for Bitcoin and crypto if it goes through generally, um, themselves. Robinhood chain is definitely a step in the right
[05:23] industry's going anyway, whether Clarity goes through or not. You would assume Clarity is is going to get pushed through because of all the things that slowly coming into this. It again, it's like really simple to see, but not easy
[05:38] to hold through what should be like a 10 or 15-year build-out. So, it's like not a bear market, so take some punts and take some risk cuz it's like prices are low, right? But,
[05:51] direction of travel here and it's insane. Like, we are we are day one. Like, the the scale is tiny compared to what this is going to be. I've seen the internet grow. So, I I I am 100% confident in this. Like, all
[06:04] dol- all dollars are going to be digital and probably as some sort of stable coin in the future, right? Just like you saw Amazon and the percentage of online purchases versus in store. And it's just a it's a direction of travel, right? And
[06:18] then something happens and it speeds up. And so, it's so easy to see like the digitalization of music, everything else. Everything gets sanitized over time, but it just goes in a direction, right? Of course, all assets are going
[06:30] to be eventually tokenized on a chain and then used. And same for dollars, BlackRock says, everything will be tokenized. That's not to say that just that's it. No, all of these companies are going to make money just as they
[06:44] The direction of travel is pretty simple, right? As an investment, it's like is ETH going to zero? No, everyone's using it. And what, you know, it will it outperform maybe some of the brokers that use it? Who knows, right?
[06:56] that's it. But, Robinhood is now a chain. So, Robinhood is a broker and a distributor. And then you know, the infrastructure providers and exchanges and everything else.
[07:09] pretty simple. It's pretty easy to understand. Robinhood chain, Coinbase Kraken chain, in the future JP Morgan chain. JP Morgan already have an EVM blockchain internally that they've made private.
[07:23] pretty obvious to see, right? And the direction of travel is so easy to see. right in terms of tokenization of everything. Does Ethereum win? Look, it I think it wins alongside loads
[07:37] of other businesses. This analysis here is uh diabolical, actually. So, like abysmal, absolutely abysmal. He's saying that Robinhood chain made 800,000 in revenue, 80,000 of that goes to Arbitrum, and then they pay
[07:50] Ethereum is like a terrible investment, you shouldn't buy buy it. Now, is that Ethereum doesn't just provide Robinhood with That's like saying Nvidia makes loads of money and pays
[08:05] 0.0001% of that to Microsoft to have Microsoft office. Therefore, Microsoft doesn't make a big percentage of Nvidia's absolutely stupid. It's like obviously, Microsoft serves millions of businesses,
[08:20] small percentage of each, right? That is just the most dumb analysis I've Like Joe Lubin says, Ethereum L1 revenue fee should stay low to foster growth. makes a loss as it's growing. You get the scale, and then you can sort out
[08:36] Again, the thing with Ethereum is it's not I would love Ethereum to just be a company, really, with equity, because then it can monopolize, and it can products, it can loss lead certain
[08:49] I don't think that matters. Ethereum's already won, and it's a underlying operating system for finance. Robinhood, Coinbase, JP Morgan, BlackRock, right?
[09:01] They're issuing mostly on Ethereum. BlackRock issued an Ethereum ETF, and not anything else. And it's pretty obvious, right? So, whether this Look, everything's good price. Whether it outperforms others or anything, again,
[09:14] means you also have to buy Robinhood and Coinbase, and probably some Solana, but So, you have to have a basket. Some are going to win, some are going to lose. um look, the simple thing is just to buy
[09:28] buying the best companies making loads of money over time, and they're monopolies, and then Bitcoin is a monopoly on money. Uh think that's going to do pretty decent over time. And I've got some coins as well, again, but
[09:40] what's the main bulk of your position in? For me, Bitcoin and Nasdaq, but mostly Bitcoin, right? If you do trade Bitcoin or other assets, crypto, all on Bybit. Click the link in the description. And if you're a new user,
[09:53] deposit bonus to trade with up to $30,000. I'm James as Man vs. Gee. Cheers for watching, and I'll see you in the next one.