Andy on ETH | Pepe's closest friend & why 5 billion market cap can happen soon

Summary

In this video, Max, CEO of 'Because Bitcoin' and an avid Andy coin enthusiast, discusses the current state of the cryptocurrency market, focusing on Bitcoin and Ethereum's potential. He emphasizes the importance of market education for the Andy community, highlighting historical trends that suggest a bullish outlook on crypto. Max provides a detailed analysis of Bitcoin's halving events, global M2 money supply, and the correlation between Ethereum's performance and Andy coin's market movements, suggesting that Andy coin acts as a high-risk, high-reward leveraged play on Ethereum's value.

Takeaways

• 😀 Max, the CEO of Because Bitcoin, is an Andy enthusiast and holder, aiming to educate the Andy community on market insights.
• 🚀 Max emphasizes the importance of the Andy Army staying committed and educated during a critical market inflection point.
• 🔒 Max has been busy with life and work, leading to fewer spaces for the community, but he intends to increase engagement moving forward.
• 📈 The speaker discusses the market conditions necessary for Andy to thrive, highlighting the need for Bitcoin's performance as a precursor.
• 🌐 Global M2 money supply is rising, which historically precedes Bitcoin's price discovery, signaling a potential bullish trend for crypto.
• 📊 Max uses various charts to illustrate the relationship between Bitcoin's halving, US presidential elections, and market performance.
• 🔄 The cyclical nature of Bitcoin's performance is underscored, with historical data suggesting accumulation periods followed by significant rallies.
• 💡 The presenter shares a free BB Academy course for improving chart aesthetics and understanding market trends.
• 🔗 A strong correlation is shown between Ethereum's performance and Andy's market movement, with Andy acting as a leveraged play on Ethereum.
• 📉 Despite market volatility and recent downturns, Max argues that the current situation mirrors historical patterns that led to substantial gains in the past.
• 💬 The speaker addresses concerns about market support levels and the potential for further declines, while maintaining a bullish outlook based on historical trends.

Q & A

Who is Max and what is his role in the Bitcoin community?

Max is the CEO of Because Bitcoin and an Andy enthusiast and holder. He uses his platform and media company to curate spaces for the Andy community to discuss market trends and share insights.

What is the significance of the 'Andy Army' mentioned in the script?

The 'Andy Army' refers to the community of Andy enthusiasts and holders. Max emphasizes the importance of this community staying tight-knit and committed, especially during critical market inflection points.

Why is Max focusing on educating the Andy community?

Max believes that an educated community is a wealthy one. By providing education on market movements and investment strategies, he aims to equip the Andy community with skills that will help them make informed decisions and not just follow meme trends.

What is the 'Boy's Club' narrative mentioned by Max and why is it significant?

The 'Boy's Club' narrative refers to a group of meme coins, including Andy, which Max believes will be a hot investment narrative in the current cycle. This narrative is significant as it suggests a collective interest in these meme coins that could drive their value.

How does Max view the current state of the cryptocurrency market in relation to historical patterns?

Max views the current state of the market as an accumulation phase, comparing it to historical patterns where there is a period of reaccumulation before significant price discovery. He suggests that the market is following a cyclical trend that has been observed in previous cycles.

What is the importance of Global M2 in the context of the cryptocurrency market?

Global M2 is an indicator of the total money supply, including cash and short-term savings. Max points out that an increase in Global M2 has historically preceded or coincided with price discovery in Bitcoin and the broader cryptocurrency market, suggesting that rising liquidity can be bullish for crypto.

Why is the performance of Ethereum (ETH) important for Andy?

The performance of Ethereum is important for Andy because Andy is considered an 'ETH beta', meaning it tends to follow or magnify the movements of Ethereum. If Ethereum performs well, it is likely that Andy will perform well too, but with greater volatility.

What does Max mean when he refers to 'price discovery' in the context of Bitcoin?

Price discovery refers to a phase in the market where the price of an asset experiences significant upward movement, often characterized by a parabolic rise. Max is suggesting that Bitcoin has not yet entered this phase but is in a period of reaccumulation, waiting for the right conditions to trigger price discovery.

How does Max analyze the correlation between Ethereum and Andy?

Max uses historical data to show that Andy's price movements have a high correlation with Ethereum's. When Ethereum experiences a significant price increase, Andy tends to increase even more dramatically, and vice versa for price decreases.

What is the potential outlook for Andy based on the current market conditions and its correlation with Ethereum?

Based on the current market conditions and its high correlation with Ethereum, Max suggests that if Ethereum goes into price discovery, Andy could potentially experience a significant increase in value, following the pattern of past market cycles.

Outlines

00:00

📢 Introduction to the Bitcoin and Andy Enthusiast Community

Max, the CEO of Because Bitcoin, addresses the audience as an Andy enthusiast and holder. He discusses his role in curating a space for the Andy community to engage through his media platform, sharing market insights and inviting community members to interact. Despite being busy with life and work, Max commits to increasing his presence in the community, especially as the market reaches an important juncture. He emphasizes the importance of education within the community, aiming to make the Andy holders some of the most educated in the meme coin space, as an educated community is more likely to make informed investment decisions.

05:00

🚀 The Boy's Club Narrative and Market Analysis

The speaker delves into the 'Boy's Club' narrative, highlighting four meme coins including Pepe, Brett, Andy, and Land Wolf. He discusses the potential for these coins to dominate the market cycle, supported by evidence and data. Max also talks about the underdog status of Andy, which has grown from community support and fundraising, achieving a market cap of 70-80 million during market corrections. He encourages viewers to share content to support the Andy Army and emphasizes the need for Bitcoin's performance to influence the success of altcoins like Andy.

10:00

📊 Global M2 and Bitcoin Correlation Analysis

Max presents a chart analysis correlating Global M2 money supply with Bitcoin's price movements. He explains that historically, Bitcoin has topped before Global M2, with M2 entering price discovery before Bitcoin. He suggests that the current rise in Global M2 is a bullish signal for crypto, as it has preceded price discovery in the past two cycles. Max emphasizes the importance of global liquidity conditions for a global asset like Bitcoin and crypto.

15:03

💡 Small Cap Stocks and Crypto Market Comparison

The speaker compares the performance of small cap stocks, represented by the Russell 2000 ETF (IWM), with Bitcoin's price movements. He notes that small cap stocks have historically outperformed and entered price discovery before Bitcoin, indicating a pattern that could suggest an upcoming bull market for small caps and crypto if the cycle is comparable to previous ones.

20:05

🌐 Bitcoin's Historical Performance Post Halving and Elections

Max discusses Bitcoin's historical performance following its halving events and in relation to US presidential elections. He presents data showing that Bitcoin has typically seen a bull market for over a year following these events. The speaker uses this historical trend to argue for a bullish outlook on crypto, emphasizing the cyclical nature of Bitcoin's performance.

25:06

📉 Market Volatility and the Impact of Global Events

The speaker addresses the market's reaction to global events, such as the COVID-19 pandemic and economic crises, and how these events have historically led to significant market drops. He notes that despite the fear, uncertainty, and doubt caused by these events, the market has consistently recovered and provided opportunities for investors who were able to look past the immediate turmoil.

30:07

🔑 Understanding Ethereum's Seasonal Performance

Max explores Ethereum's historical performance, particularly its seasonal outperformance against Bitcoin. He uses the ETH/BTC chart to illustrate when Ethereum has traditionally performed well, suggesting that the market is ready to go 'risk-on' when Ethereum starts to outperform Bitcoin. The speaker also discusses the importance of understanding higher timeframe cycles before diving into specific altcoin analysis.

35:10

🛠 Technical Analysis of Ethereum and Andy

The speaker provides a technical analysis of Ethereum and Andy, highlighting their correlation and market behavior. He uses volume profiles and Fibonacci extensions to predict potential price movements and entry points for Andy. Max emphasizes the importance of understanding the relationship between Ethereum and Andy for potential investment opportunities.

40:11

🔄 The Correlation Between Ethereum and Andy

Max discusses the direct correlation between Ethereum's price movements and Andy's performance. He demonstrates through measured moves that Andy's price fluctuations are significantly influenced by Ethereum's performance. The speaker positions Andy as a leveraged play on Ethereum, providing high potential returns alongside increased risk.

45:12

💡 The Market Mindset and Trading Psychology

The speaker addresses the psychological aspects of trading, particularly the tendency for investors to doubt bullish scenarios even when presented with historical data and positive indicators. Max encourages viewers to consider the market's potential for growth despite current fears and uncertainties, highlighting the importance of perspective and mindset in trading.

50:17

🏆 Wrapping Up the Crypto Market Discussion

In the final paragraph, Max wraps up the discussion by summarizing the key points made throughout the video. He reiterates the bullish case for Bitcoin and Ethereum, the importance of understanding market cycles, and the potential for altcoins like Andy to provide significant returns. Max thanks the audience for their engagement and participation in the community space.

Keywords

💡Bitcoin

Bitcoin is a decentralized digital currency that operates without a central bank or single administrator. It is the largest of all cryptocurrencies by market capitalization and serves as the main theme of the video. The speaker discusses Bitcoin's historical performance, its correlation with global M2 money supply, and its role as a precursor to altcoin movements, indicating a bullish stance on Bitcoin.

💡Meme Coins

Meme Coins refer to cryptocurrencies that are created as a joke or for fun, often based on internet memes, but have gained significant investor interest. In the script, the speaker differentiates between meme coins and more established cryptocurrencies, emphasizing the need for an educated community to discern investment opportunities, particularly mentioning 'Andy' as a meme coin of interest.

💡Market Inflection Point

An inflection point in the market refers to a time when the direction of the market trend is expected to change. The speaker believes that the cryptocurrency market is at a critical inflection point, which is why it's important for the community to stay informed and committed.

💡Education

The speaker emphasizes the importance of education within the cryptocurrency community, stating that an educated community is a wealthy one. Education is presented as a means to understand market movements and to make informed investment decisions, which is crucial for the 'Andy' community.

💡Global M2

Global M2 refers to the broadest measure of the money supply, including all the cash, checking deposits, and easily-convertible near money balances held by individuals. The speaker uses Global M2 as an indicator of liquidity conditions that could influence the performance of Bitcoin and, by extension, other cryptocurrencies.

💡Beta

In finance, beta refers to a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. The speaker discusses 'beta' in the context of cryptocurrency, indicating that certain coins, like 'Andy', act as beta plays on Ethereum, magnifying its movements.

💡Ethereum

Ethereum is an open-source blockchain platform that enables the creation of smart contracts and decentralized applications. The speaker discusses Ethereum's (ETH) performance in relation to Bitcoin and its role as a second-tier cryptocurrency that often follows Bitcoin's market movements, but with greater volatility.

💡Volume Profile

A volume profile is a graphical representation of trading volume over a specified time period at specified price levels. The speaker uses the concept of a volume profile to illustrate the point of control in the market, which is a price level where the most transactions have occurred, providing insight into potential support and resistance levels for 'Andy'.

💡Fibonacci Extension

Fibonacci extension levels are a series of horizontal lines that indicate where a price may reverse or consolidate. They are derived from the Fibonacci sequence and are used by traders to predict potential support and resistance levels. The speaker uses Fibonacci extension to analyze potential future price movements for 'Andy'.

💡Call Option

A call option is a financial contract that gives the option buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period. The speaker metaphorically compares holding 'Andy' to holding a long-dated call option on Ethereum, suggesting a high potential return if Ethereum's price increases.

Highlights

Max, CEO of Because Bitcoin, emphasizes the importance of education within the Andy community, aiming to make it one of the most educated communities on the planet.

The Andy community is described as being committed and tight-knit, with Max expressing his dedication to supporting and engaging with them.

Max discusses the shift from hosting midweek spaces to focusing on more educational content, especially at a critical market inflection point.

The speaker highlights the difference between Andy and other meme coins, pointing out Andy's community ownership and lack of reserved wallets for marketing.

Max presents a detailed analysis of Bitcoin's historical performance in relation to global M2 money supply, suggesting a pattern that could be bullish for crypto.

A comparison is made between small cap stocks (Russell 2000 ETF) and Bitcoin's historical performance, indicating a potential upcoming bull market for small caps and crypto.

The concept of 'Beta' in relation to meme coins is introduced, with Dogecoin historically being the top performer during market mania.

Max explains the correlation between Ethereum's performance and Andy's price movements, illustrating Andy as a leveraged play on Ethereum.

A discussion on the market's reaction to the Bitcoin halving event and its historical impact on Bitcoin's price, suggesting a potential accumulation window.

Max addresses the current market conditions, comparing the recent volatility to historical events and suggesting a potential buying opportunity.

The presenter uses the VIX spike as a reference point for market fear, discussing the potential for a market rebound following a significant drop.

An in-depth analysis of Ethereum's (ETH) price action and its role as a precursor to broader market movements, including meme coins like Andy.

Max talks about the 'Boys Club' meme coins, including Andy, and their potential to capture market interest and investment in the coming cycles.

A strategic approach to trading meme coins is presented, framing them as high-risk, high-reward plays leveraged to the performance of Ethereum.

The speaker shares his bullish outlook on the crypto market, providing a comprehensive analysis of various indicators and patterns.

Max concludes by reiterating the importance of community and education, inviting viewers to join the BB Discord for further discussions and insights.

Transcripts

hey what's going on everybody thank you

so much for being here my name is Max I

am the CEO of because Bitcoin and I'm

also an Andy Enthusiast and an Andy

holder um we're going to talk about a

lot of stuff today

normally well let me put it this way in

the past we have run spaces sort of

midweek either like a Wednesday or a

Thursday um where

basically I use my platform and my media

company to help basically curate a space

for all of the Andy Community to come

and hang out I give some of my thoughts

on the market what I'm seeing out there

what I'm not seeing out there um we

invite a lot of community members up at

the end to come and speak and hang out

um it's usually a really great time I've

been so damn busy lately with life and

work we got a whole bunch of stuff going

on uh with BB and I've been slacking

I've been slacking on the spaces and the

truth is that will be no more we're

going to be doing a lot more of this um

especially as I believe the market is at

a very important inflection point and

fork in the road it is extremely

important now more than ever for the

Andy Army to remain a tight group and a

committed group um and I want to be

there every step of the way for you guys

and use my reach to kind of be hug

everybody uh and bring everybody in it's

nice and cozy on the inside so um

anyways we're doing things a little bit

differently today all right let me just

make sure the stream looks good real

quick um we're doing things just a

little bit differently today all right

normally like I said we are on X and

today we are actually on YouTube and I I

guess technically I have this on X as

well so maybe some of you are watching

it there um but basically we are on X

right or we are on X and YouTube right

now and I think one area that that I've

struggled with a little bit is my main

objective with what I'm trying to

provide for the Andy Army as a community

member is I want the Andy Community to

be one of the most educated communities

on the planet right A lot of people that

are involved in meme coins you know they

pop up these Twitter spaces and the

whole thing is rah rah rah look how

funny our meme is we're so based and

cool like that's great and all but no

one's learning anything and it's very

subjective what I want to provide for

the Andy community given my skill set

and my platform is I want the Andy

holders to be some of the most educated

holders um of any meme coin out there

because an educated Community is a

wealthy one um and if you understand

what to look for and you understand why

the market is moving the way that it is

you will not feel the pressure when the

market pulls back and you won't feel the

Euphoria when the market is

outperforming right so I want to be a

resource and at a minimum Beyond making

some money this cycle with Andy My Hope

Is that you will reflect back on this

stream uh some of the other spaces we've

done any of the content that we've done

and you'll say not only did I make money

and I meet some cool people at the same

time uh but I have some skills that I

believe will translate over and last me

um through my investing Journey as long

as that may be so we're going to go over

a lot of different things today because

this isn't just about Andy anymore right

I'm going to give a little bit of

background right but you know this is

this is not a little tiny it can do

whatever it wants kind of meme coin

anymore you know some of these meme

coins that pop up that are brand new

they catch that early hype and then they

die off and they never come back or they

don't pump twice or even three times

whatever um you know and it it's sort of

the attention economy right it's a hot

ball of money and and where there's

attention where something is new and

shiny and sparkly um it will attract

liquidity but the question is will that

liquidity remain and stay and does the

market actually have a a longer

understanding interest or motivation to

invest and hold money in a product or a

vehicle um you know like a lot of these

meme coins we're seeing right now and

the answer to most of them is no Andy

has answered that question as yes there

is going to be and there is already

provable uh long-standing speculative

interest and fervor into something like

Andy Andy started out you know it it's

one of the four boys club members right

you got Pepe who's the king Pepe

certainly poised to be sort of the king

large cap Mega cap meme of this cycle

you can see the writing on the wall

right now exchanges are listing it but

then you also have something like Brett

right based Brett which is now a billion

doll meme it's dominating Bas um

basically acting as like base tokens so

you kind of have these like these two

Mega cap like they're going to be multi-

Deca billion doll memes you know Pepe

and Brett which both originate from Matt

fur's boy club and then you have two

smaller members of the boys club right

now and we'll talk about potentially

closing that Gap later in the Stream but

then you also have Andy and you have

land wolf right so you've got these four

boy club members and I have no doubt

that the boy club narrative is going to

be the hottest Narrative of this meme

cycle without question I can see the

correlations in front of me I'm going to

present you with all the evidence and

all the data um but there is some

serious interest in this narrative and I

believe you're going to eventually in

the not too distant future see a sort of

refocusing and reconcentration of right

now scarce but soon to be not so scarce

liquidity into legitimate projects that

have legitimate narratives and they're

always going to have that General market

speculation right and that's something

that the beauty of the boys club is hey

Pepe goes up what about the other boys

club members right so because of the way

that this cycle has shaped up and we've

seen an early rise from you know a

couple memes Pepe and now Brett on base

you know you're seeing that translate

over into you know a really legitimate

narrative um that I believe is going to

shock a lot of people some of you

listening probably not you've probably

been in this stuff for a little bit um

and you're like let's go preach that

Max let's role um but I think it's

I think it's going to be looked back on

as um as one of the hottest and I

believe this will extend into multiple

Cycles I do I don't I don't think this

is going to go anywhere um but anyways

enough enough of that let me check some

comments let's um let's do some talking

let's talk about um let's talk about

some charts let me pull up a chart we're

going to talk about Andy too but I want

to because like I said said right like

Andy was Andy was and still is you know

it's the underdog right it's it's it's

an underdog It's A Cinderella Story

right Community owned Community funded

the community raised like over half a

million dollars already for exchange

listings no wallets set aside for

marketing or listings or anything like

that everything that Andy has

accomplished has come through like the

Blood Sweat and Tears um of the

community you know um and we're going to

talk about all that right but

Andy yet I mean it's still an underdog

in one regard but it's not like it's

some 5 million market cap like trying to

get it off the floor kind of kind of

ticker like Andy with the broader Market

has corrected recently and it's chilling

at like 70 to 80 million market cap

during like the belly of this local

correction which is an outrageous one

right which we're going to talk about so

it's it's kind of graduated right it's

kind of graduated into a different class

we're talk about all that but let me

just let me just check some comments

here real quick all right make sure

we're looking

good all right welcome guys what's up

how we doing

um yeah guys little little reminder like

let's smash that like button all right

do me a favor like if you want to do

your part um in helping get this content

out all you got to do is hit that Thumbs

Up Button like hit that Thumbs Up Button

if you're on Twitter hit the heart

button and then hit the retweet buttton

that's literally all you have to do I'll

do all the the yapping I'll show all the

charts but like you want to do your part

um for the boys club you want to do your

part for the Andy Army share it that's

all you got to do really really easy all

right yeah welcome guys we're looking

good I see a lot of regulars in here

fantastic guys beautiful

beautiful all right so we're going to do

like a really General like kind of

market update I want to share a couple

things with you like this chart that I

have in front of you and then we're

going to we're going to kind of work our

way backwards okay

because you have to understand that like

Andy like I've mentioned so many times

is it has

graduated and you can't just post a

chart about Andy at 1 million and then

like everyone will find out about it and

it's going to get like you know a lot of

attention it's now synced up with Majors

right so in order for Andy to do well we

need Bitcoin to do well the reason we

need Bitcoin to do well is because Andy

won't perform well eth doesn't perform

well because Andy is eth beta so we're

going to talk about the potential

conditions in front of us which is why

we're interested in Andy so this is an

interesting chart I tweeted this out the

other day so some of you have probably

seen this but Bitcoin is doing like more

or less what it has always done all

right so what we're looking at right now

let me just hide this real

quick

okay what we're looking at right now

is we have Global M2 which is in the

green down below and we have Bitcoin

above right so why should we be bullish

crypto that's the first question that

you have to ask is why should I be

bullish crypto okay so what is M2 I'm

going to read you the definition okay M2

is the US federal reserves estimate of

the total money supply including all the

cash people have on hand plus all the

money deposited in checking accounts

saving accounts and other short-term

saving vehicles such as CDs okay now

this is

not this is not just us M2 this is

global M2 so I don't know exactly what's

in this equation but probably the

largest you know the largest central

banks in the world the collective m2s of

the large like it's probably excluding

some of the smaller companies or not

companies countries but this is not just

the US this is global and this is

important to look at and recognize hey I

shouldn't just be looking at us

liquidity conditions I should be looking

at global liquidity conditions and

Global monetary policy because Bitcoin

and crypto is a global asset you guys

are watching from all over the world

right now you guys are you guys are

watching not just from the us some of

you are all over the place it's probably

four in the morning somewhere for you

guys watching this right now okay so

what are we seeing right now kind of

similar to previous Cycles right you'll

see a you know Bitcoin tops a little bit

before Global M2 there's a bit of a lag

to it but then M2 will actually go into

price to Discovery before Bitcoin gets

back up into price Discovery so look

right here November 2019 Global M2 in

price Discovery happened before Bitcoin

went into price Discovery right now

global M2 in price Discovery basically

all of this year so far Bitcoin has kind

of gone into price Discovery I would say

that it really hasn't yet okay I would

say that we kind of swept the previous

all-time high but this is not price

Discovery price Discovery is when

Bitcoin does a parabola like this is

nothing this is reaccumulation we have

to patiently wait but right now the

important thing to note is that Global

M2 is ramping up this is starting and

it's starting right as it has in the

previous two cycles um which is very

encouraging right so why should we be

bullish crypto um well there you have it

right Global M2 is on the rise I think

it makes a really compelling and

interesting

case handful of other reasons but we do

need to like keep it moving right

because if I just talk about why Bitcoin

is bullish and I give you every reason

um we'll be here for a long time we'll

be here for five hours so we need to

work our way down the chain because

ultimately we're here to talk about Andy

right so we need to get to Andy why am I

bullish Bitcoin that's the first

question why am I bullish cryptos

because I'm bullish Bitcoin Global

liquidity is on the rise okay now

additionally I'm GNA add a couple other

like little charts onto here okay so

we're going to put iwm up here as well

this is one one of my favorite

comparisons so iwm is the Russell 2000

ETF and for those that don't know what

this is the Russell

2000 the Russell 2000 is small caps in

the US it's all your codes it's

like you know the it's the altcoin index

of the stock market okay so I'll label

this for you guys real quick

okay now one thing you'll not

here and I'm going to just mark this out

real quick is when small caps begin to

outperform right and when small caps go

into price Discovery what happens all

right I'll just do something like

this all right and I'm going to Mark out

the previous all-time highs for Bitcoin

as well so we can Mark out when Bitcoin

has actually gone into price

Discovery all right here we go

beautiful so you can see I've got the

the previous all-time highs marked out

here for Bitcoin and then also small cap

stocks in the US I also have Global M2

down below what do you notice about the

timing of this okay now I'm going to

take these so we'll leave these blue

lines I'm going to add some more we're

going to Mark out when the Russell the

Russell 2000

iwm has gone into price Discovery and

we're going to Market with a we'll just

do like a red line all right see that

red line right there that's when iwm has

gone into price Discovery and then when

Bitcoin has gone into price Discovery

we'll mark it with orange hopefully you

guys can see that here I'll make it

thicker um here we go all right perfect

so Russell goes into price Discovery in

red Bitcoin goes in price Discovery in

and orange okay now we're going to Mark

out the last cycle as well Russell goes

into price Discovery right here and then

here's

Bitcoin right now neither one has

happened yet right but we're beginning

to see the conditions that are

appropriate for a major small cap and

crypto bull market if this cycle is at

all comparable to previous Cycles right

and and what we'll notice here is yeah

there was like a little you know kind of

like bleep little deviation or whatever

um recently for iwm but bitcoin's

hanging out under the previous cycle

all-time high you know like it was a

little bit more so in like 2016 2017

with global M2 leading both small cap

stocks and crypto once again as it's

done in the previous two cycles so

something I'd be looking for here pretty

soon is for you know again like we'll

want to see we'll want to see these

index indes and we'll want to see

Bitcoin continue to work its way up into

price Discovery and then Trail you know

Global liquidity just like it has

because look I've got this the blue line

is when uh when Global M2 has gone into

price Discovery so Global M2 price

Discovery then you have iwm then you

have Bitcoin Global M2 price Discovery

then you have iwm then you have Bitcoin

it's never going to be perfect but the

point of me showing you this is like

there are some very specific and

recognizable signals that we've seen in

previous Cycles it's always possible

that this time is somehow different but

I believe given especially where Bitcoin

is hanging out which is just like wedged

between 55 and 70k we'll say for five

months now while Global M2 is is slowly

but surely climbing into price Discovery

we've seen these conditions before we've

seen these conditions before so I'm

going to remove this we're going to pull

up another Bitcoin chart here okay

because I I need to I need to thoroughly

and sufficiently answer the

question why are we bullish crypto here

right like why are we bullish crypto

here and you can only be bullish crypto

if you're bullish Bitcoin your altcoin

Andy included will not move it will not

go crazy unless Bitcoin goes crazy that

I promise you eth won't go crazy Soul

won't go crazy Andy won't go crazy

nothing will go crazy unless Bitcoin

gives it that trigger which is Bitcoin

and price Discovery so we need to talk

about Bitcoin first and then we're going

to work our way down the chain okay

because Bitcoin still is the king um all

right I'm I saved some of these drawings

in advance so in a very very very simple

way very simple way we're going to put

up the Bitcoin Habs okay here are the

Bitcoin

havingsex having third having most

recent having you can typically see here

that like there's a little bit of a low

I'm actually going to zoom in and we're

going to look at it um going back to the

first Bitcoin having and these dates

they move a little bit but they should

be within like a day here's the first

having okay Bitcoin was literally 15

bucks here was the amount of time that

it took for Bitcoin after the having to

really kind of ramp up and go into price

Discovery now I don't even like using

this first having it as as an example

because Bitcoin was literally

$15 but it took you know it took a

couple months two to three months okay

we're going to keep going we'll go to

the next cycle

for Bitcoin to go into price

Discovery I would say Bitcoin didn't

really go into price Discovery after the

second having which was like that the

beautiful 2016 and 2017 Parabola it was

like right here I know we kind of like

got above that previous all-time high um

this is the previous alltime high and

then here's the

having this time it took 290 days I

would say this was like the real start

you know this was still like junky price

action right here I would say the real

start was was right in here

okay so 290 days from the having until

when Bitcoin really decided to like

let's go let's blow the top off this

thing let's keep moving how about last

cycle let's mark out the previous

all-time high when does Bitcoin go into

price Discovery Well here's the having

you can see very clearly there's the

previous cycle all-time high let's take

a measured

move 29 days all right so so far and I

don't even like the first cycle because

it was so tiny Actually I don't even

have that marked out correctly what am I

doing sorry I don't even have that

marked out right let me go back I don't

know what I was doing there it's a

little bit longer still don't love it

right it's like Bitcoin was literally 30

bucks but we use it so so far we have

after the Bitcoin having it took 113

days in the first cycle for Bitcoin to

really decide it was going to

move uh two cycles ago 2016 2017 it took

290 days roughly last cycle

29 where are we at right

now where are we at let's mark out the

previous all-time

high this is I'm not counting this as

price Discovery by the way this is not

price Discovery this is garbage this is

chop so let's see where we're at right

now all right let's take a measured move

from the

having so far it's been 114

days are you feeling discouraged

yet are you feeling discouraged the

previous two cycles it took 291 days and

219 days

are you feeling

discouraged maybe we're doing this right

we could this has definitely been a

cycle of first right one thing that I

notice about this cycle compared to

previous Cycles is that for one we made

an all-time high before the Bitcoin

having like look

we we made an all-time high before a

Bitcoin here's the Bitcoin having we

made an all-time high technically

speaking before Bitcoin

having here was here was last cycle

nowhere

near two cycles

ago nowhere near right nowhere near not

even

close first

cycle nowhere near right so there are

little distinct differences that would

potentially suggest like you know

what it you know we we could be ahead of

schedule right and we we might not have

to wait another 100 days or something

like that I mean you could very easily

do this right and be like yeah like from

that high you know we front ran the

having this was an ETF pump like we're

already 150 days into it you know we

should start climbing that's possible

too right like I won't I won't tell you

that it's impossible I'm just presenting

you with with the data right and the

data right now is telling you to sit on

your hands right like this is telling

you to sit on your hands because if we

don't go on to like really go and do a

aggressive price Discovery for let's

just say another few months or something

which would be in my opinion grueling

right because it's already been five

months of sitting here so I I kind of

don't think it'll be that long I think

it might be sooner than than people

think but you know if you had gotten

shaking out you know right in here

because you're like oh we're not moving

you know or right in here 2013 oh we're

not moving or how about oh the the third

Bitcoin having was a failure look at the

drop we just had this is terrible price

action I mean look at like this data

shouldn't discourage you it should

encourage you to basically like if this

pattern is going to continue and if we

are going to go up which I think we

should right based on historical Trends

and historical patterns this is the

accumulation

window like right here for like the next

60 days potentially if you're that lucky

this is the accumulation

window that's it this is the

accumulation window is right after the

Bitcoin having you typically get a

ShakeOut you look to deploy right it's

that

simple um all right let me remove these

drawings we're going to add on another

little thing here um we are going to add

on the US elections all right this is

one of my charts I just made a video on

this but I want to show you guys again

again we are answer we are starting this

stream by answering the question why are

we bullish

crypto right why are we bullish

crypto all

right what do we notice here let's go

down a little bit we're going to go to

the first

cycle for one the first Bitcoin having

in the US presidential election happened

almost on the same

day what do you notice about

this Bitcoin has a bare Market I mean

again I don't like the first cycle

because it's like Bitcoin was so cheap

but Bitcoin has a cycle drops down puts

in a low chop chop chop kind of like

slowly grinds its way

up it's moving up right it's in red but

it's moving up US presidential election

and then Bitcoin basically goes on to

have price Discovery in a bull market

for 386 days so just over a year get the

having you get the

election how about two cycles ago

Bitcoin

having us presidential

election 406 days of a bull market after

the US presidential election grinding up

into

it 406 days so first cycle was 386 406

so again just over a year how about last

cycle Bitcoin having in Black us

presidential election in blue grinding

up this is grinding up I know you had

like you know a lot of chop and stuff

but like we we were moving up with

without a question we were moving up and

then 366 days until the Bitcoin Global

top so almost a year exactly so in in

the three previous

Cycles if you were buying basically

between the Bitcoin having in the US

presidential election and you just held

for one year you would have outperformed

like

99.99% of

Traders here's the

data so like why are we bullish

crypto well there is a cyclical Trend

that has very clearly presented itself

in front of us right and here it

is the timing of it will never be

perfect right like every cycle has

little granularities and intricacies

that are different but here's your

pattern right like grind up into the

election and buy sometime between the

Bitcoin having and the US presidential

election that's the data that's the

trend regard like ignoring everything

else right like ignoring all the macro

like

everything like what what do we see

every

time these lines need to go hang on

here oh it's it was syncing up the

charts

all right well what do we see here here

let me remove this oh my

goodness oh my

goodness yeah all right let me just do

this then

um I'll just remake this real quick on

the bottom it's

fun so what do we like

that looks pretty

brutal all right you get the point

that's

fine what do we get every single

time every single time there's a Bitcoin

having and a presidential election you

get Global

M2 oops

that is that is not what we want this is

what we

want all right hang

on you get Global M2 On The Rise

trending up in price Discovery heading

into the Bitcoin having and presidential

election the time to buy historically if

this trend is going to continue to buy

crypto to get exposure to crypto this is

it

here's your evidence like i' I've

presented it to you as clearly as I

possibly

can it's all happening exactly the same

and then there's all this um and then

there's all this like you know this

noise around it right there's always

like and here's the thing that I think a

lot of

people maybe forget is that there is

always there's always way more reasons

to be bearish than bullish like there's

always some like crap going on in the

world there's always you know there's

always tension between two countries or

there's always some like job scare or

there's always I don't know some

politician causing drama like there's

always if you were to and I see this

with a lot of people like if you were to

to not focus on some of the more

important cyclical Trends and just

hyperfocus on like a couple data points

right and the scary data points and I'm

with you scary dat points right they

shouldn't be

ignored um you would basically be a deer

in the headlights and you would never

bid and deploy and hold through

volatility because you'd see these guys

on Twitter Doom posting being like it's

all over this was the everything bubble

like everything is going to zero and you

would literally never invest even though

you have Global M2 On The Rise and you

know that typically you know the year

following a US presidential election

regardless of who takes office

regardless whether it's a democrat or a

republican whether it's a a new new

incumbent running or or the existing

incumbent stays in office it doesn't

matter it's just that the office turns

over or even stays the

same and also Bitcoin having and and the

Mechanics for Bitcoin

day to the

next has their minor you know minor

block rewards cut in half then there's a

pretty large and measurable uh sell

pressure potentially removed from the

ask side of the books now granted a lot

of the sell-offs right around the

Bitcoin having are from Bitcoin miners

prepping for the Bitcoin having but

eventually things kind of work

themselves out and Bitcoin appreciates

and Bitcoin mining becomes profitable

again so you know I'm I'm trying my best

to like drown out a lot of the

like a lot of the data points that I

think are

just they're important but I think that

they're overblown and given too much

weight because like the cyclical trend

is is up from

here here's the data you know like why

are we bullish

crypto well here you go here's part of

the reason

right here's part of the

reason we're going to start working our

way down the chain a little bit here

guys let me just check in on some

comments real

quick um see how we're

doing make sure we're still live and I'm

not talking into the

abyss all right yeah it looks like we're

doing well here

guys all right nice turnout today guys

thanks for showing up do me a solid if

you can like I said if you want to help

um just hit that thumbs up button for me

guys hit that Thumbs Up Button if you're

watching on X hit the heart button hit

the retweet button all right it's really

easy it costs $ Z and it just takes a

second

um I'm here doing all the yapping all

you got to do is just hit that heart

button hit that retweet button so I

believe is you know I believe that we

have so far we have answered the

question like why are we bullish right

why would we be bullish crypto all right

and I think this does a pretty good job

of keeping it keeping it a little simple

right like we covered a lot of things

got a lot of colors to look at but in a

very general High time frame look I'm

not talking about is Bitcoin going to be

higher or lower than this next week I'm

talking about you know 400 days from now

what does the trend tell

us and here it is right I'm not talking

about one week I'm talking about

positioning from now through the next

year if there's going to be a decade

worth of a trend that continues this

time and this time is not

different why are we bullish crypto all

right now

we're going to work our way down a

little bit here guys thanks for uh

thanks for the likes looks like we just

cracked 200 on YouTube we got 330

watching how are we doing on Twitter I

haven't even checked Twitter let's

see oh beautiful man 91 likes on Twitter

that's great 30 retweets guys are

animals you guys are absolute

animals thanks for the support guys the

Andy Army appreciates you

um all

right all right let's keep moving let's

keep moving down the train here so let's

uh oh

man all right what do I even want to do

with this chart quick

uh here's what I'm going to do with this

chart I'm gonna close this chart I don't

want to look at it anymore that's too

much that's too much we're going to open

up a new one here open up

a all right and now we're going to move

over to ethereum okay now this is where

things get really important okay this is

where things get really really important

we're going to talk about why that

is going

remove the alert line we don't need that

all right so when does ethereum

typically perform well guys when does

ethereum typically perform well well

actually what I'm going to do is I'm

going to show you this first um we're

going to put up

BLX I want to show

you when eth typically performs well now

the reason I'm going to show you why eth

typically performs well is because in

order for Andy to do well you need eth

to do well in order for eth to do well

you need Bitcoin to do well we just

talked about why we think bitcoin's

going to do well okay now we're going to

work our way down the chain here so here

here's Bitcoin up top and what we're

going to do is we're going to put ethusd

down below

okay here we go we'll make the chart

look nice and pretty hopefully you guys

um I published a free BB Academy course

too a lot of you guys will ask me from

time to time like Hey how do you get

your charts to look the way that they do

like I love how your charts look um and

I published a free trading view course

um on how to do that so you guys should

check check that out as well I think

it's probably there's probably a link to

BB Academy down in the description so

when we're done here um if you guys want

to learn how I do all my charting and

make them look the way that they do um

again it's it's totally free I we hit

20,000 um on YouTube and I wanted to

just do a little thank you so um put

that together for you guys it's like

maybe like an hour a little bit longer

than an hour course so um yeah it's

pretty great like I I went into like a

lot of detail on how to how to make your

charts look sexy so let's uh let's keep

moving here so we're going to talk about

actually I'm going to move that back

down real quick we're going to talk

about when eth is going to start

performing well okay which again is of

course contingent upon Bitcoin so let's

mark out the previous all-time highs

here for Bitcoin all

right previous cycle all-time

highs for

Bitcoin and then we are going to move

eth

up and I'll just do it this way this is

fine so now we have Bitcoin up top and

we have eth just below it all right now

I want to Mark

out when eth has really started to

perform

well okay and pretty clearly it's like

right here

right we'll say like this is when eth

just went crazy like the time to hold

eth eth right here went from like and

I'm I'm you could pick any spot you can

go here you can go here it doesn't

really matter right but you want this

move the reason to hold eth is you want

to outperform bitcoin like if you're not

going to outperform bitcoin with

anything just hold Bitcoin it's really

simple Bitcoin is the safest most time

tested most decentralized most

infrastructure built around it just hold

Bitcoin right but if you're a Trader and

you're looking to outperform make sure

that you're outperforming Bitcoin and

then the real question is like what

What's the

timing where do the probabilities align

and Stack Up so that we have the

greatest potential chance to outperform

bitcoin right and that's what we're

talking about and it starts with Bitcoin

going into price Discovery and then it

starts with eth following and then it

works further down the chain and we're

going to get to Andy but in order to

understand Andy you need to understand

the higher time frame cycles first

okay so here's eth down below I'll just

uh I I changed the colors so you guys

should be able to easily recognize it

but I will label it as well

there's

Bitcoin all right so Bitcoin up top eth

down below and these horizontal lines

are when Bitcoin uh basically it's bit

Bitcoin cycle tops okay and then this we

actually just make this blue for eth

this blue line is when you've wanted to

hold eth against Bitcoin right because

right here eth went from 10 bucks to

1,200 that's pretty good let's keep it

moving how about last

cycle Bitcoin goes into price Discovery

eth went from

uh looks like 500 bucks all the way up

to almost 5,000 right just just a little

under 4,800 all right and Bitcoin at

that time went from you know 20,000 uh

just under 70,000 right

so what are we potentially looking at

right

here maybe the same thing right maybe

the same thing and just another way to

look at this is actually just putting up

the eth BTC chart this is actually

ethereum divided by Bitcoin for those

that don't know this is one of my

favorite charts it's been bleeding a lot

recently but from a higher time frame

cycle perspective like when does eth BTC

which is eth denominated in Bitcoin if

this chart is moving up like this that

means eth's outperforming Bitcoin if

it's moving down it's the opposite

bitcoin's outperforming eth eth is

outperforming Bitcoin here and for the

past two years plus it's been more than

two years Bitcoin coin has been a better

hold than ethereum right I'm not talking

about eth beta I'm talking about both

l1s right Bitcoin versus literal Bitcoin

versus literal eth I'm not talking about

any like beta plays or anything like

that

okay so here's eth BTC down below I mean

you can see from this pair that

typically when Bitcoin goes into price

discovery which is right around here

right around here you can see that the

eth BTC pair begins to you know really

ramp up and then once you know Bitcoin

right around here right like right

around here this is when you know this

is when things get wild like this is

when you want to be in ethereum versus

Bitcoin is right as Bitcoin is tucked

underneath that previous cycle all-time

high and reaccumulated and um here I'm

just going to put on a um Bitcoin have

there must be a having indicator I've

used one

before um

here um okay kind of an ugly yellow but

I just wanted to throw the Bitcoin

are the Bitcoin

super clean here's

having why did that go to the downside

here just do

this all right there you go so here's

your

uh the previous election let's get the

date right was November 4th

2016 wait that's the one that I just did

hang on

November November 6

2016 here we

go right here so that was the election

there and then in 2020 the date of the

election would say November 8th

2020 right around here so actually if

history tells us anything and this

hasn't happened yet so I'll just Mark

the election out here's November of this

year if history tells us anything it's

that buying ethereum actually rather

than Bitcoin even though I have this

chart for you buying ethereum sometime

between the Bitcoin having which is in

Orange and the election which is in red

actually has yielded some pretty

tremendous

outperformance against Bitcoin the

king in the previous Cycles right um

here's the evidence right so that would

mean eth will begin to

outperform I mean relatively soon right

like maybe it's earlier maybe it's later

but like this is your WI

window right here I'm going to mark this

out in green like this is your eth

accumulation

window right here your eth accumulation

window is now until the election right

and then you basically just hold it for

like you know N9 months

that's the

cycle there's a million ways to over

complicate it but that's the higher time

frame Trend

right that's the high time frame

Trend let me just check in on the stream

real

quick

okay all right now what we're going to

do is we've already established why

we're bullish Bitcoin right we've got

havingsex we've got Global liquidity On

The Rise right now we've established why

we should actually be more bullish

ethereum right now basically now through

the end of the end of the next basically

now through the next year roughly okay

give or

take now we've established why we're

bullish Bitcoin and we've established

additionally why historically speaking

we should be more bullish seasonally on

ethereum than Bitcoin okay

now now now now we need to talk about

beta all right we need to talk about

beta so what we're going to

do we're going to clear all the drawings

okay we're going to clear all the

drawings we're going to reset our

chart we're actually going to put eth

BTC back up right so we just talked

about we just talked about why we're

bullish Bitcoin

therefore we should be bullish ethereum

seasonally now let's go back through

some some previous Cycles to see when

like Mania has really commenced right

and up until this cycle there's really

only been like one king meme coin which

was Doge all right so what we're going

to do is we're going to put Doge down

below

doge is the Bitcoin of meme coins

I hope you understand what I mean when I

say that and Doge literally is kind of a

fork of of Bitcoin as well like it's a

fork of Litecoin which is a fork of

Bitcoin kind of strange but I think you

get the

point it's decentralized it's proof of

work it's been around longer than

ethereum right which is

crazy but there's been a few

instances in time when Doge

has basically just gone

nuts and what's been the trigger for

that what is the trigger for Doge going

nuts which up until this cycle has been

like when you want to go

crazy you buy Doge right like when you

think the market is reaching like Peak

froth Peak

Mania you've bought Doge historically

this cycle I think it's actually a

little B bit different it's a little bit

diluted I actually think there's other

things you can buy which is partially

why we're here

um would you look at

this we're going to Mark out when eth

BTC starts going

crazy there's your bottom

beautiful all right so let's look at the

previous two

cycles cycle one

here's Doge down below here's eth BTC up

top we just went over what that is this

is when when this is moving up this top

chart I'll actually do this ethereum

blue and Bitcoin

orange you guys like that when it's

going up they're nice eth Blue candles

when they're going down uh Bitcoin

candles right cuz that means bitcoin's

outperforming so when this chart is

going up eth is outperforming Bitcoin

look at what happens to risk to

Beta to meme coins when eth BTC goes

crazy eth BTC is not just it's not just

evaluating how is ethereum doing against

Bitcoin what eth BTC is doing is telling

you the Market's ready to go risk on

it's an oscillator at this

point and some people will argue oh

that's Salon of this cycle you could be

right but I think it's too early to say

I think salana is going to do really

well also but um I do believe that this

will this will prevail once again in

that when we see eth BTC begin to Rally

you will start to see the whole Market

go risk on all right so first cycle Doge

BAS basically went from

.21 up to

0.004 I need to move this down and take

a measured move that it's going to be

crazy hang

on

okay so when eth BTC in the first cycle

went

crazy Doge immediately

followed when a 2,000% in 3 months and

to the actual Global top it went up

almost 10,000% okay 10,000% in that year

following right we've talked about that

year before right here's your

year you buy in the red specifically

your last window of time to accumulate

is between the having and the election

then you get a year historically

speaking okay here's your

year eth BTC goes crazy Doge which is

again eth BTC is your risk on gauge doge

is an individual ticker that is like the

king beta at least historically that's

what it's been this cycle it might be

different how about last

cycle how about last

cycle Doge when eth BTC put in a high

time frame pivot and actually went up

and E BTC tripled in like no

time yeah eth BTC tripled in like for

five four to five months

okay look at when eth BTC puts in a high

time frame pivot and begins to

outperform look what happened to

Doge 18,000

per in four

months off of the back of eth BTC being

the

trigger pretty

crazy all right so what could we

potentially expect this cycle right all

right well there's a lot more meme coins

this cycle but eth BTC hasn't started to

like really aggressively outperform yet

so here's our eth BTC outperformance

line right I think that that pivot is

coming very soon if we haven't already

just had it

right you're going to continue to see

the same pattern play over and over and

over again in my

opinion big Bitcoin will lead bitcoin's

a better hold except for like 6 months

every four years then you want to hold

beta then you want to go risk

on right what's going on here let me see

some comments what is going on here

who's

rugan what is going on hang

on unreal thank you Connor

um okay hang on what is this guy saying

retail but retail is not here won't be

here through next year you're looking

too much at the technicals and not at

the

fundamentals he doesn't deserve any

likes if he's going to string you all

along like this seriously it's hard to

watch and don't watch man if you don't

like it you don't you don't have to

watch it

yeah man rugan you're just you're just

salty

bro you're just salty man we've been

crushing

it yeah all right we're going to get rid

of him I don't think he's here for the

right reasons I don't think he's

actually like constructive I think he's

just kind of

trolling goodbye rugan it's been a

pleasure all right no worries guys it's

it's just I'm just a guy sharing his

opinions um I understand local

volatility can be stressful um you know

and every cycle could be different right

but I'm here providing analysis and my

opinions um you don't have to like it if

you disagree that's totally cool like I

actually would love for somebody like if

you have differing opinions go to

Twitter I'll look at the Stream because

it's streaming on X as well post your

charts post your analysis other than

just being like it's never coming it's

over you're not looking at the

fundamentals no I promise you I've

looked at all the fundamentals as

well and I I promise you I've looked at

at all of the at all of it you know we

don't have time to cover every single

like macro indicator you

know anyways all right let's let's keep

it rolling

let me get a little bit of water

here all right so we've

established why we are bullish Bitcoin

or why this historically speaking has

been a good time to be bullish

Bitcoin and then we've also established

that basically buying ethereum instead

of Bitcoin between the Bitcoin having in

the US election historically has aged

very well now we've just given a premier

example

as to what eth BTC actually represents

and what eth BTC actually

represents is not just eth kicking

Bitcoins but performance-wise for a

small window of time what it represents

is this Market is ready to bid and it's

ready to bid everything under the sun

that's what that

means all

right

now let's talk about our favorite

beta let's talk about it

all we'll leave this for

now what we need to do is we need to

talk

about we need to talk about

eth I'm going to explain to you

something about

eth and

Andy we've already

established we've set the stage for why

we are bullish the things that we are

bullish but now I'm going to show

you precisely why Andy moves the way

that Andy moves

now up top is eth we're going to make it

blue for

ethereum down below we'll uh actually

we'll just keep Andy we'll keep Andy

green and red for now that's

fine and then we'll uh we'll move it up

okay now what you'll know notice about

Andy right is it's sitting at like

between 70 and 80 million right

and actually what I want to do is let me

just so I'm just going to show an Andy

chart real quick on like what I'm seeing

locally and then we're going to get back

into that example as to why it moves the

way that it

does oh it's saving my my chart colors

that's

interesting let's put that back to green

and red

red all

right so

Andy just like most altcoins right now

are pulling back because Bitcoin pulled

back and then eth pulled back and then

you know stocks pulled back and you know

that's altcoins right that's beta and

I'm going to show you why they're moving

the way that they are but you know right

below us we have something that I would

consider to be Mega demand and here I'll

actually I'll redraw this all together

um but basically what we're going to do

is we're going to draw a volume profile

which gives you X-ray vision into the

market um and it shows you where the

area of most transacting has occurred

right so right now the area on the chart

in which most of the transacting has

occurred has been this red line it's

called the point of control all right

and of course it's basically like all of

this right here accumulation

you

know this was all buying that ultimately

led to to this right Andy pumped from 40

million up to 300 million was the the

all-time high so far okay so in a very

short period of time Andy was scooped up

in this accumulation and then rocketed

up to 300 million right so what we have

right here is we have a high time frame

Demand with a high time frame point of

control sitting right below the current

level this is a really nice level you

know whether we just go up from here and

we do something like this you know like

could see that as well or you know

whether we come back retest the point of

control again this is going to be a hard

level to chew through unless eth

literally goes on to make a new low or

something like that which by the way I

am not

expecting um so anyways quick look at

Andy um additionally I mean you could

you could draw something kind of like

this right like you have like a little

compression Happening Here similar to

what happened like over here just doing

this really really quickly but I just

want to show you think of it as like a

bouncy ball that's running out of steam

right it's like you drop a ball on

asphalt and it's like boom boom boom and

then it runs out of momentum and it has

nowhere to go except you have to pick

the ball back up so you can bounce it

again right so that's what happened over

here bouncy ball bouncy ball bouncy ball

nowhere to go pick it up we drop it

again bouncy ball bouncy ball bouncy

ball pick it up nowhere to go again

right it's called in a technical term it

could be called seller exhaustion right

um but I just want to I wanted to share

that a little bit I think it's kind of

like an interesting and I would say

unique way to look at it but in my

opinion this is what I'm seeing with

Andy right here like this is your

accumulation region okay now let's go

back to eth I want to talk to you guys

about why Andy moved moves the way that

it does right and then we're going to

we're going to we're going to string it

all back in together like why are we

bullish Bitcoin why are we bullish eth

why would we bullish eth over Bitcoin

why would we hold Andy over eth you know

we're going to get into all that okay so

let's take a look at the last Andy pump

this one that we were just talking about

okay so this here's Andy and you'll

notice you know right here we started

pumping right basically Andy and I'll

mark this out here um from this

low to we'll just call this the high I

don't really think this was an I think

this was like an me bot or something

like that so we're just going to call

this the high but you get the

point um all right so there was our

there was our

rally and Andy went up

725

per um and that was over

two weeks just over two weeks okay so

plus seven we'll just do 700% it was a

little bit more in two weeks okay and we

will put

that we'll put that on the top that's

fine all right now what do we notice

about eth right

here oh that was right when eth pumped

pumped

interesting okay how about we do this

let's move Andy up

now we'll get this

organized all right here's eth up top

here's Andy down

below eth fires first ever so SL

slightly me go down to the even lower

time frames eth fires

first and

then right there once eth kind of chills

out and it has acceptance significantly

higher than it is or it was because it

was at like you know 3,000 and it marked

up to

3,800 Andy went up Plus 700% in two

weeks right that was your trigger now

let's keep moving right here

and I don't even need this anymore we'll

just mark it out okay we'll just Mark

we'll just Mark out all the

levels here we go

Andy right over here in

July

eth popped up a little bit right and

actually let me just change this color

this is bugging

me Andy rallied from 80 million to 200

million and look what happened eth just

jumped a little

bit right are you seeing the pattern

right in front of you are you beginning

to see the

pattern so what do you think is going to

happen next right let's let's let's mark

this out just a little bit okay

eth goes on to break structure to the

upside and he

fires eth goes on to break structure to

the upside Andy

fires the next quote unquote eth

breaking structure to the

upside is going to be this

level right

here if eth breaks above

2800 and he's goingon to

fire really really

simple really

simple so it's like why would you hold

you know Andy over eth well let's

actually do this let's move Andy back

down and I'll show you the beta

correlation and I know some of you have

seen this already but I think it serves

an important reminder especially when

the market is boring and chopping and

ranging and you're just like do

something

right let's take measured moves

here so eth from its

low eth from its

low rallied about 40% give or take I'm

kind of rounding because we're doing it

quickly but eth went up

40% and from its low I'll just measure

it to here Andy went up we already know

plus

700% then how about right over here from

this low to its

high eth rallied

26% and then Andy from its

low went up

175% okay so what you're really betting

on here is okay am I bullish ethereum

because I recognize what happens to Andy

when eth performs

well it is literally that

simple like it it is literally that

simple but of course the consequen the

consequences are greater to the downside

beta goes both ways let's take another

measured move just to to be fair

here here's eth one it just pulled back

recently thank you ethereum for that

minus

42%

G minus

42% and let us see what Andy

did minus

75% how about this one

eth went down minus 29%

roughly and Andy went down minus

77% so I love memes memes are funny

right but what are you really trading

here

do you recognize what you're really

trading here

now what you're trading is leveraged

ethereum I mean that's it what you're

trading is leveraged

ethereum oh is eth going to go

up okay well then why don't I bet on

Andy look how tight the correlation

is I mean look at that like you you just

you just gen like you literally just

can't make make it up even like this

little move right here

right I mean it just it's it's just like

perfect you know so you know the big

question is like okay

one why are we bullish crypto here all

right we covered

that then next actually I removed the

chart right why are we bullish crypto

here we talked about Bitcoin Bitcoin

needs to do well and then once Bitcoin

starts doing well you accumulate it some

time between the Bitcoin having and the

US presidential election historically

it's actually been more prosperous to

buy ethereum rather than Bitcoin here's

the ebtc chart right we talked about all

that you buy it somewhere in here you

buy it somewhere in here you buy it

somewhere in here and you hold it for 9

to 12

months right so we've established why

bullish Bitcoin why we're bullish crypto

in general we've also established why we

should be cyclically speaking more

bullish ethereum than Bitcoin okay at

least over the next year and we've just

established the relationship as to why

Andy moves the way that it does and what

you're actually betting on so what do

you think is going to

happen what do you think is going to

happen to

Andy when eth does this

oops Yeah I don't need that

what do you think is going to

happen to Andy when eth goes into price

Discovery eventually right so let's mark

this out again right here just go from

right here

okay so eth goes

up and he goes

up and I'll just I'll label these just

so you guys don't forget here's

eth here's

Andy let's make it

gold what do you think is going to

happen if eth does this hypothetically

of course

right what if eth does this what do you

think Andy's going to do

Mark out this

one that's the real

question

right that's the real

question if eth goes up do you think

Andy's gonna go

down I've shown you the

correlations I'll make it colorful for

you now

we'll draw it up

again the timing is the

same you just need to have more of a

stomach for volatility and what you're

really buying with something like Andy

which is a now Premier confirmed

correlated ethereum beta

play what you're buying is a long-dated

far outof the- money call option on a

eum like that is what you're

buying I'm GNA explain what that means

in a second let me just finish doing

this like oh why is Andy down why is

Andy down I don't understand Max why is

Andy down here's

why you're trading leveraged ethereum so

the question is like okay if you're

bullish eth

like you think eth is going to do

this right like hasn't even gone into

price Discovery yet like what if it does

this I know it seems like a lot right

now but we already talked about why we

should be bullish crypto and then why we

should be bullish eth BTC cyclically

speaking like what do you think's gonna

you think that Andy won't go on to do

this then if eth

does I just showed you why why it's most

likely going

to I just showed

you look at

this come on what are we talking about

here

crazy what are we even talking about

here oh Remy thank you for the Super

Chat super kind of

you super super kind of you thank you so

much uh

Remy what concerns me is the daily

weekly of Bitcoin eth going into late Q3

macro events Etc Andy has no real

support below 32 million see yeah I

mean if there's some like macro blowout

or something you know and eth goes to

900 bucks then it's going to be a

problem right but um additionally one

thing that and then we'll do some Ta on

um on Andy here actually let's just do

this

quick so Remy this is

um we just had kind of a historic drop

and I know might not seem like it but it

actually was a very very historic

drop there's been very few

times in the history of the

market in the past three

decades when we've basically had a

volatility blowout like the one that we

just had the drop that we just had was

on par with um basically like the dot

crash

um 20072 2008 great financial crisis

some pullbacks that happened during that

recovery you know the turbulence in 2015

for stocks 2018 then covid and now right

I'm going to Mark these out really

quickly um just to show you what I'm

talking about and if you had bought all

of these like historically when the Vic

spikes above

45 what you would have been

buying I'll mark these out first

so I know it might seem like oh like

what if something happens something did

just happen it just happened kind of

quickly and yeah things things could get

worse for sure um but I just want to

show like if you had bought stocks and

risk when you had seen a historic Vick

Spike which is indicative of tremendous

turmoil in in trafi or Legacy markets

this is what your purchases would have

looked like and by the way I have this

in log mode this is what the chart

really looks

like so I'm just saying the drop that we

just had is on par with all of these

horrible horrible

drops right the Vic spiked to 65 the

only two in the past three decades that

have been bigger than that was covid and

the great financial crisis we're number

three the one that we just had so you

know what if something really bad happen

something really bad just did

happen you know

I guess it's not equivalent to like

unemployment spiking above like you know

10% or something but

um

anyways just showing like from a

technical side of things like if you had

bought every major scare in the market

to this

degree over the past three decades like

this is what your chart would look

like so you know when I when I'm bullish

from from a technical perspective right

there's always a million macro reasons

to be bearish like always that that was

something I was saying in the beginning

of the stream is like the amount of

stuff that there is to focus on right

now it could give the most sophisticated

of Traders and you know uh money

managers absolute

paralysis analysis paralysis deer and

headlight syndrome where they just you

know oh what if this happens and that

looks bad there's there's always

something going wrong in the world you

know and yeah I'm you know I'm fully

aware of you know typically what happens

when the FED decides to cut interest

rates I know I've done the overlays I'm

watching it very very closely but I also

think it's possible that the market has

become more reflexive and more

forward-looking than it ever has been

before um we might be trading three

years in front of our skis right

now we literally might be like the

market may already be pricing

in you know 5%

unemployment and forward-looking enough

with rates to know that a year and a

half from now we'll you know effective

federal funds rate will be at 3% and you

know it it might be forward enough

looking because like one more thing to

note about that too it's a really good

question is

like I mean look at how long some of

these drops took right like look at look

at the dotc crash

took 900 days and we had a Vic Spike

above 45 volatility blowout

right great financial crisis 500 Days

major Vic Spike right and then you fast

forward to like recent years right when

things have hit the

fan how about all this turbulence and

chop 300 days if you want to you know

measure them individually right you can

cut that in half depending on how you

want to measure it but how about Co

Co drop took less than two months we'll

just say two months you know these these

drops we just don't have bare markets

that last three to four to five years

anymore you know like not that we won't

ever have them again but the dips get

eaten up

quicker and I believe the market is

becoming increasingly more manipulated

from the powers that be uh they simply

can't let the Ponzi stop they keep

printing money and injecting sort of

hidden liquidity into the market in

order to keep it propped up um there's

no such thing as a natural correction

anymore eventually there will be right

but if you've been betting on a natural

a natural correction meaning a

multi-year bare market like we saw in

2000 and 2008 which actually although

they were painful for those that were

holding were actually very healthy

longer term term if you've been betting

on a natural correction and a much

needed one over the past two decades

almost decade and a

half I mean talk about a Golden Bull

Run QE has ramped up interest rates have

dropped to historically low levels not

right now right but that have caused

this chart to look the way that it

has and you now have more foreign

investment in our domestic Market here

in the US like it's not just mostly

highly concentrated High net worth

individuals in the US buying our stocks

like you have to look at it on a global

picture right and you know one thing to

note about this chart is like this is

global M2 right here um let's look at um

m2l let's see what the US one looks

like so here's the here's the US M2

chart uh

um

so us M2 hasn't gone on into price

Discovery yet this is us M2 and this is

global M2 right

here

oops I think I just

pulled that chart off here we

go so you can see here that Global M2 is

actually in price Discovery and US

domestic M2 is not so I think you need

to look at like the whole picture now

more than than ever um just a just a

different kind of

Market just a different kind of Market

but it's it's a really good question

right it's just like when you get a Vic

Spike to when you get a Vick Spike to 65

and you get you know and you get eth

pulling back to you know like what

did like let's go back to eth

now I

mean it's kind of hard to look at this

right but it's like if you had bought

the

last if you had bought the last Spike

the last you know a scare this big for

the vix it's like that's kind of what we

just got like if you're bullish eth if

you're bullish anything right like if

you're bullish risk in

general and you see a a volatility blow

like the one that we just had you take

that you know you take it I wasn't

expecting it this soon but you take it

you know you get an asset like eth down

50% from it's yearly

High you take that I'm taking

it but to each their own right it's

risky like I get it there's a lot to

look at um and it's not all so beautiful

and uh and

chipper but from a technical side of

things let's look at Andy and and talk

about like where I think it could

go my absolute favorite tool in the

world is the FIB

extension look at where we topped on

this first

rally me move these to the center here

look at that that's nice 2.61 eight

range high range low 2.68 you've also

got it nicely in log where you topped in

log at the

1.618

right so how about where we're at right

now you could maybe draw something like

this I kind of like this with this being

a

deviation I don't know to each their own

right we'll have to take a look at it

you could maybe do this oh that's

interesting that's a little too

interesting if you ask

me all right let's mark this out here's

Andy range

high range low here was your

mid-range topped out at the

1.618 range

high range low I mean very very clear

mid-range right here

right like pretty

clear notice how your 1.618 right

now is exactly at your first range

2618 you see that they're

touching Range High to range Low Range

High to range low your first range

2.68 is this current range is

1.618 that's pretty interesting

that's pretty interesting

guys

hypothetically from right

here that would be,

1700% so that take us to about 1.3

billion in market

cap um but you know like if you went up

to the 2.68 or this first you know range

is

3618 um you know this is going to be

your next big level in my opinion like

the Confluence here is crazy like when

eth finally goes

into when eth finally goes into price

discovery

so for example like

if eth can break out of here and maybe

we see like if let's just assume this is

our you know our eth range something

like

this and you see eth up here right and

you could probably make the case it

should be right here that's fine too but

like if this is our eth range for right

now and we're going to break out and

eventually you know we got a lot of work

to do right but when that happens eth

goes to 5,000 or you know

7500 I mean I think we've already talked

enough about the the correlations right

like when the rallies really go

crazy I mean look

at look at right

here you know it's like what are you

really trading here what you're trading

is I mean what you're trading is 10

times lever at ethereum you know so if

eth goes from here to I mean let's just

say the

2.68 that's

200% if Andy goes from right here to

this Confluence of the 2.68 and the

1.618 that's

1700% you know your Bas it's 10x

right and we we've already shown the

correlation when eth pumps and then eth

thumps what happens to Andy

right so yeah I mean that's that's what

you're trading

right it's like all you're all you're

debating here really is is like okay if

I think that eth is in like a deviation

zone

right like if I think that eth is in a

deviation Zone because you know we

already talked about um you know we

already talked about there was a Vic

Spike and then we were talking about you

know buying Bitcoin between the having

and the election how historically that

has been been solid if it comes coupled

with global M2 On The Rise and we talked

about you know eth BTC outperformance

um if you're bullish eth and you want to

buy you know a drop like this right a

Cascade a 40 you know 50% drop on eth

and you're bullish on

eth I just showed you why you're

actually very bullish Andy potentially

without even knowing

it and you could even argue that yes

percentage wise you know Andy down more

than eth right but what are we talking

about here like look at these highs and

these

lows like what are you talking about

here look at this

chart look at the dates they're lined up

like what what do you want to make of

this right oh I'm too scared to hold a

meme coin oh I don't understand

it I'm helping you understand it look at

what you're really trading here yes

percentage wise it can be scary right

we've already went over when when eth

drops Andy's going to drop harder when

eth pumps Andy's goingon to pump way

harder but given what just happened with

ethereum

it's pretty unbelievable how Andy's

holding up I mean it's got a real

community of people that are educated

and understand the product in which they

are actually

trading what you're doing is you are

buying a and I said this earlier you're

buying a long dated you know far

outdated far out of the money call

option on ethereum with no expiration

date and no Theta

Decay now I know a lot of you probably

don't know what that means because a lot

of you probably don't trade options

but basically the idea is with

options the the biggest villain with

buying an option is that you basically

have to pay to keep it

open and the the closer you get to the

expiration date of that option to

purchase or to sell um the more

expensive it gets to keep it open

and the higher the price of the asset uh

needs to be in order to support your

position all right and basically what

you're doing by buying something like

Andy here is just it's just you're

making a bet that eth is going to go up

to five six 7,000 and you just

wait that's literally all you're

doing all that's all you're doing by

holding Andy is just being like yep I'm

just going to buy this and hold it until

eth goes to six or

7,000 and then I'm going to sell

it and then when eth drops to 5,000 and

I get bullish eth again then I'll buy

Andy instead because I'm buying a 10

times levered ethereum without any

contango any Decay you know same with an

option no Theta Decay no expiration date

to worry

about you're just buying levered

ethereum that's it

here's my favorite

example here

is my favorite

example here let me actually add on one

more

I mean look at what happens when eth

pumps to our beta train right I have a

tweet about this if you want to find it

later

up top Pepe middle Andy bottom L wolf Bo

Club study eth

pumps eth pumps Pepe goes up Andy goes

up wolf goes

up then what happens eth goes

down what happens to all of them

they all go down thank you

ethereum

right so it's like all right are you

bullish or bearish E here you know what

happens

next you know what happens if eth goes

up or down so are you bullish or you

bearish ethereum

here I mean I presented you with some

evidence you know I presented you with

what I think is going to

happen it's a tough Market though it's a

tough tough market like it

is it is volatile there's a lot of macro

going on right

now a lot of things to look at why would

the market go

up why did the market go up when we had

covid and they shut down the global

economy you imagine the people buying

the co drop

in March 2020 Bitcoin hit 4K under

4K and one year later it was just under

70k do you think when Bitcoin was

sitting under 5K in March of

2020 anybody out there would have said

with conviction Bitcoin is going to be

at 69k within a

year I mean come on now that's crazy

talk isn't

it that's crazy

what if I told you Bitcoin would be over

20 200k in a year would you call me

crazy what

if h

I'm being scolded for being

bullish huh funny time we're in

huh yeah No One Believes

it everybody's right about being bearish

I guess

huh

H funny time we live

in where have my Bulls

gone little crypto shake out and

everyone thinks it's thinks it's the end

of the world you

know let me help you guys with something

real

quick sometimes the mind has a way of

Playing Tricks on us you know it's a

shame but it

does sometimes it can really help to

uh to look at things a little

differently for

I mean I see

it I definitely see

it who's going to buy ethereum oh my

goodness who's going to buy eth down

here people can't afford grocer

people can't afford to pay their rent

who's going to buy ethereum down

here oh eth is at 130 bucks look at the

vix just blew out to 80 who is going to

buy ethereum down

here people can't afford to pay for

their cars and their rent who's going to

buy ethereum down here we're going to go

to 50 I'll buy it at

$50 I'll buy it when it goes down to $50

oh we're going to go so much

lower oh my goodness oh they shut down

the

economy oh my gosh inflation this blah

blah blah blah blah where's all the

liquidity going to come from who's going

to buy

this who's going to buy

it

everybody everybody's going to buy it

who's going to buy all of our ethereum

nobody wants it yeah we'll

see we'll

see I want to do this with you guys

too I know our minds have a way of

playing

tricks but like seriously does this look

bullish to

you like if you were looking at this

chart would you be like oh yeah like I'm

gonna I'm GNA buy this right here like

like this is you know like oh yeah this

is like the trade of the decade is like

this right here you know like is that

what you really think like looking at

this chart this is a bullish setup to

you right here because when I look at

this chart

when I look at this chart I see

this uh

oh when I look at this chart I see

uhoh like this looks

cooked is that

bullish I mean I

don't I mean if you did this like if you

did like something like this you

know I guess

but right

here

o like sometimes you have to flip the

chart and play tricks on your

mind who's going to buy it who's going

to buy it nobody wants to buy it from

you

like like eth dropped 50% in a few

months and we had a vix blow blowout to

65 all of your beta plays are down 75 to

85% and holding the floor and eth looks

like this this is inverted to just get

your brain out of the same little like

uh you know complacency Funk that it's

in

and the chart looks like this and

everybody still wants lower you know

what I say to the to the ethereum Bears

right

now I say you're

greedy not even just eth like Bitcoin

too like I I I prepared for that drop by

the way like those of you that are in

the the BB Discord like you you knew

about that I didn't touch any of my boy

club but like I prepared I put on some

Hedges I sold some majors and things

like that that you know just doesn't

matter if I sell I can buy back whenever

I

want like the BB Discord like you guys

you guys got that heads up for me

like this is inverted right but like I

was drisking like right in here I saw

what was coming I I felt as though it

was more probable that we were going to

take a plunge than not and I prepared

for

it and a lot of our community did as

well but my hedges are

removed I have since

redeployed at the

lows like you're going to catch a minus

50% move on eth in a few months and be

like I need

lower what are you talk like what are we

talking about

here that's like the most

famous that's like the most famous thing

in the world is like you get the drop

you were looking for and then you want

more it's like you get the pump you were

looking for and then you want more greed

works both

ways like I buy

blood we just had blood we had Carnage

billions in open interest wiped across

the board additionally funding has been

negative recently on bitcoin like today

it was negative this

morning you're bullish this chart this

looks bullish to you

all

right maybe you're right I guess we'll

see all right guys I think I'm going to

call it here got our Discord call right

now thanks so much for being here sorry

I didn't get to uh to all the comments

but hopefully you guys had a good time

hanging out here I'll see you back here

again next week guys um this was an Andy

community

space I don't know I just kind of did

like a YouTube show today I just wanted

to talk about the charts and and stuff

like that but yeah hopefully uh

hopefully you guys either learn

something or uh just had a good time

hanging out even if you didn't learn

something but thanks so much for for

hanging out with me guys for those of

you that are in the BB Discord I will

see you guys in just a minute I'm GNA

pop over there right now um but yeah

fingers crossed guys I think things

should be looking up pretty soon but

anyways thanks for being here check out

the links in the the description below

if you want to learn more about how to

uh to trade or connect with me a few

options down below for you guys but if

not I will see you guys next week

everybody take care