Crypto Will Explode in August! (Explained in 10 Minutes)

[00:02] Get ready, Bitcoin, Ethereum, Solana believers. Crypto is about to explode in believers. Crypto is about to explode in August with the ISM PMI at a 4-year high, with Bitcoin bottoming, with the Clarity Act deadline. Smash the like

[00:14] button if you appreciate us coming at you on a daily basis. Let's talk about it. It took me 8 years to learn the secrets of the crypto market. I'll teach you in 8 minutes. Subscribe to Altcoin Daily. We are the largest crypto

[00:27] Daily. We are the largest crypto community in the world. Bitcoin over $64,000. Why is Bitcoin pumping today? Three big reasons. Number one, massive uptick in ISM manufacturing PMI. In fact, July

[00:44] came in at 55.6. I'm literally shaking. This is seven straight months of expansion. Thinking back to 2022 to 2025, it was more in

[00:57] contraction. So, seven straight months of expansion plus the fastest manufacturing expansion in 4 years, business manufacturing is gaining in business manufacturing is gaining in America. So, the expectation was 54. The

[01:12] numbers came in at 55.6. This number matters for markets more than most people realize. Anything above 50 means the sector is growing. But, 50 means the sector is growing. But, when PMI holds above 52 for months at a

[01:26] time, it has historically lined up with the strongest periods for stocks and the strongest periods for stocks and crypto. The ISM PMI has held above 52 for seven straight months now. Before January, PMI sat below 51 for roughly 40

[01:42] months. US factories spent more than 2 years contracting. That period is over. And the last two times this happened, it mattered. The previous instances of PMI

[01:54] holding above this level for 4 months or more were January 2017 and September of 2020. Both were followed by multi-month rallies in stocks and crypto. Understand

[02:06] why this is happening. When factories get more orders, revenue moves through the entire supply chain, not just the large manufacturers, but the suppliers, the part makers, the logistics firms, and the small businesses around them.

[02:19] Payrolls rise and margins improve. The extra cash does not sit idle. Part of it goes into expansion and hiring. Part of it goes into the markets. This is why sustained manufacturing expansion tends to lead risk assets rather than follow

[02:35] them. So, with this same signal flashing, just like 2017, just like flashing, just like 2017, just like 2021, the crypto bull run is back. August is looking good. Looking forward, if history repeats, altcoin season could

[02:49] be loading for 2027. But, of course, there's many metrics that make up a market. And, understand that Bitcoin went from 15K to 126K between 2022 and 2025 when business

[03:04] manufacturing was in contraction. So, get ready for what it's going to do now. Huge promotion for trading on WeAct right now. A 5K starter pack is here. Deposit $100, make your first spot trade, trade $100 or more in futures,

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[03:34] possible promotions to apply. In yesterday's Altcoin Daily video, we alerted you to the fact that BlackRock filed to launch tokenized fund shares on Solana. A big deal for Solana in crypto. Today, the BlackRock crypto news

[03:51] continues. BlackRock launches two tokenized money market funds on Ethereum. Both are eligible reserve assets for US stablecoin issuers because the genius act passed. This is why we need the clarity act to pass. And to be

[04:07] precise, one is running solely on Ethereum, one is running on Ethereum and also multi-chain. The biggest players continue to act like the clarity act is going to pass. Another reason why I'm bullish on Bitcoin and crypto in August

[04:23] is because looking back so much selling has occurred. August opened with one of the heaviest loss selling events in 30 days. Short-term holders breaking under pressure, coins moving from weak hands to strong hands in real time. This

[04:38] to strong hands in real time. This transfer has only ever ended one way. The weak hands always regret it. Nine months from now, we're going to look back. Remember when Saylor was selling? Remember when Trump sold? It was

[04:50] obviously the bottom. So many metrics are pointing to capitulation, so many indicators. We've seen cycle after cycle. Bitcoin capitulation chart tracks exactly one cohort, the buyers who

[05:05] bought the top sending coins to exchanges at a loss. When that group empties out, the overhead supply goes with it. That cohort doesn't sell twice. Never before have we seen so many Bitcoin sold at a loss. What about this?

[05:23] Let's talk about volatility. Bitcoin just flashed a signal that only shows up once or twice a year. Bitcoin realized volatility now lower than tech stocks for the past 30 days. Everything else is trading like crypto except for crypto.

[05:39] Historically, this has always been a good time to buy. It is very important that you do not mistake low volatility for Bitcoin being dead. It is actually quite the opposite. All of the energy for Bitcoin's next move is being built

[05:56] right here over these last 60 days. Whether we inverse head and shoulders from here or we drop down to take that long-awaited level of 60.5k, I don't think it's going to matter that much in the grand scheme of things.

[06:10] much in the grand scheme of things. Bitcoin's next move is very likely to the upside here. PMI at 55.6, equities happening, yen inversion by the Treasury, clarity gains a little bit

[06:24] more certainty this month in one way or another, but markets have everything they need for a nice run. Strap in, boys. I'll tell you, looking back at 2022, including the RSI, to where we are now,

[06:39] including the RSI, to where we are now, 2026, including the RSI, things are starting to look interesting. Bear markets always have an expiration date, my friends. They always do. But then again, if you are a 4-year cycle

[06:53] believer, if you are a Bitcoin and crypto bear, you probably think we have farther to fall, closer to the fall. What do you think? I will tell you this, looking at Bitcoin exchange flows, which always tell an interesting story, a lot

[07:09] of recent flow has actually been of Bitcoin leaving exchanges, not being piled into exchanges. If sellers are running out of coins to sell, the next move higher can happen quickly when demand returns. Understand that. We keep

[07:23] you informed on everything crypto on a daily basis. Make sure you subscribe. And finally, real quick, let me alert you to the latest info on the Clarity Act. Breaking, the US Senate's schedule for today, as you already probably know,

[07:36] does not include the Clarity Act. The Senate has literally 3 days to pass the recess. >> Yay, recess!

[07:48] >> Now, Majority Leader John Thune has reaffirmed that the Senate will vote on the Clarity Act before summer recess. So, they'll vote on this by August 7th or before. Even if the bill isn't perfect, it is so obvious that the bill

[08:03] is better than anything that we have for before, which is nothing. Senator John Husted urges Senate to pass the Crypto Clarity Act. He explains why America >> We need to have a vote on it. We have to stop dragging our feet and delaying.

[08:18] "Well, I don't necessarily like this regulation. I don't necessarily think the ethics provisions are strong enough." Well, there are no rules governing this right now. It's time for America to lead. When you have no

[08:30] have no ethics standards, the ones that have been negotiated year after year on this by part on a bipartisan basis, we have a bill. We're ready to go. America should lead in regulating cryptocurrencies and protecting

[08:43] it and get it done. >> And for what it's worth, probably the the Clarity Act story since the beginning and a lot of policy things in Washington, Eleanor, says that in her mind there is a still a 30% chance of

[08:59] >> Eleanor, what is the probability here? Just >> It's just what the people want. I'll tell you here, I'll give you an anchor, a little over under here.

[09:12] The prediction markets, which don't have a ton of volume here, are putting this at a 30% chance. It was at 37% most of this week and last week, >> Passing in 2026. >> Yeah.

[09:25] >> Of passing this year? >> Yeah. All right, guys, you heard it here first. That's a bullish word on the >> low. >> And then cuz you're you're hearing, you

[09:40] know, maybe there's some strategy to to get it done in September. I mean, for all the, you know, for all the the deadlines that have been missed and there's always the situations and the expectations, they always sort of seem

[09:53] And you know, we'll just have to see. >> So much is happening in crypto. Take advantage of this We X deal. Use my link below. $5,000 right to you. So much is

[10:05] happening in crypto. See you tomorrow, my friends.