Trader Talk by BTCC

a lot of these now being, you being a futures trader, a perps trader, you could trade these assets as well. And there's been a lot of opportunity there, with names like Micron and Sandisk and a lot of volatility. And if you're a trader, that's what you want. You want that volatility. So yeah, it's happy to be here, happy to talk shop and get into it. Yeah, thank you for coming. Well, let's begin with what happened today. Well, actually, I was sleeping a little bit. And then I awoke and then I checked the chart. And I'm like, what? Like, what's going on? Like, what happened? Like, what? Like because, you know, Bitcoin was sideways forever and it was around 64K. So I'm like, what is 68? Oh, you touched 70? What is going on? So I tried to find out what happened. So what do you think was the cause of this breakout and pump up to, it touched 7450? Yeah, I mean, it's hard to pinpoint it. Obviously, Trump went out and spoke a little bit about crypto. I know hyperliquid caught a massive bid today. He talked about that in particular about, you know, I think the one thing hyperliquid hasn't had is that stamp of approval in the United States. I think a lot of people were leery to get into hyperliquid because of the regulatory side. And I think with those comments today, obviously, that's kind of cleared the runway and hyperliquid scent. But yeah, everything's moving up. It's good to see. I don't know if we're completely out of the woods. I'm not confident to say that, hey, this is 100% we're back and we're in a bull run and that was the candle we needed. I think what happens over the next few weeks is gonna be very telling and to see if we can sustain this type of move up. But I know I've been saying for months on my space, so you know, now's the time to start positioning it, and I was saying that a couple months ago, you don't wanna be caught on the sidelines. And you know, if you're a trader, there's been a great deal of assets to trade throughout this bear market. Through, you know, Bitcoin's been in a downtrend for 11 months, but there's been a lot of volatility. You look at what Zcash has done in hyperliquid and lighter. You know, those are three that just jump out of me that have performed really well. Pump. VVV, Venice, pump. I mean, yeah, I mean VVVV. Yeah, and there's been a lot of opportunity. So regardless, you know, bear market, bull market, there's been, it's been a trader's paradise, honestly. So it's been fun. You know, something is always popping every day. Do you have, could you tell us your levels on Bitcoin? Like levels that you are watching, whether this pump is gonna continue, or is it just a pump and it's still in the bear market, and we're going back down, which levels will you be watching? Well, I think today, we came right up to that 200 day moving average, you know, and I wanted to, I want to flip that obviously, and now it's about showing some strength, you know, above this level. I think our EMA is still a little bit higher than this, maybe around 71 somewhere in that range. But, you know, if we could stay above, you know, 68.9, I, you know, with some strength, I think that's gonna be critical over these next couple weeks. But, you know, overall, I really want to see Bitcoin, you know, break into the, into the high 70s before I really get excited. How about yourself? Well, what about, what's about the downside levels you're watching? Well, I feel like if we, if we come back down and, you know, lose like 66.9, right around 67, that would kind of flip the other way for me. But, um, Okay, that's quite high. Where are you at? What, what, what the range was in between like 57 K and 67 K, right? So, if it, since we broke out of 67.5 this time, you know, if it, if it goes back down and do a retest and if it breaks 67.5 again and goes back down and we're going back down, back in the range, right? I mean, looking at the weekly, it's, um, we can still get rejected and go below to like 55 K. But if we break upwards, we need to, what I see is we need to break around 82 K. And then I would say we're in the clear. If we, if we go above 82 K on the, on the weekly, but yeah. Are you, um, in a Bitcoin position currently? Uh, honestly, only spot right now. I've traded it. Yeah, I've traded it a few different times throughout the cycle. You know, on leverage, but mostly spot, I'm not, I'm not a huge leverage Bitcoin trader. I like to leverage trade some of the other things and, and really just accumulate BTC. That's just kind of my strategy. I feel like a lot of other people probably would say will, yeah, kind of crazy. You know, Bitcoin's the easiest thing to trade. I like to trade some of the other top alts, you know, but it's always, it's always coming back to what based, you know, what Bitcoin is, uh, it's based on what Bitcoin's doing. Of course, you know, which, uh, which orts are you trading or looking at right now? You've mentioned, I've traded Z cash. I've traded Z cash a little bit throughout this cycle. I've traded Salana a little bit Ethereum. Um, I've been in a couple of nice trades on some smaller caps as well. Um, outside the top 100, but, um, I would say mostly eats Salana Z cash, even hyper liquid, I own hyper liquid spot, but, um, also like trading hyper liquid too. Okay. Cool. You, you've mentioned Z cash several times. But what is the reason why you choose Z cash? Well, I mean, first off, it's, it's the chart that has, you know, kind of been the, the indicator that like when we've gone up in this bear market, it, it's one of those leaders. So I like to trade some of those leaders like hyper liquid, Z cash. Both of those have like throughout the whole bear market have kind of been leaders. So, you know, if I can catch those moves first, you know, before the rest of the market kind of, you know, comes up with it, those are, those are kind of the things I, I like to look for. So, but Z cash, um, I own it spot too. I actually got into my initial trade, uh, around like 250, um, way back. Wow. Yeah. So it's different from the first. Yeah, you're more than two X. Yeah, I, I've been trading Z cash as well. But yeah, I like how Z cash is looking is looking now, is looking good right now. Um, but, you know, I, I'm, I'm watching it closely. But yeah, Z cash is looking good. Um, is there any, um, sectors that you particularly, um, like definitely? Yeah, I think, you know, for me, it's, uh, the privacy narrative, you know, uh, really? Yeah, I, I, I really think that's going to be a, a big, a big push now with like, you know, if, if you're like me and you believe we're kind of in this institutional era of crypto, and you know, you kind of subscribe to that same idea, then I feel like the institutions are really going to want some form of privacy. And I think what Z cash provides with like the shielded transactions, the optionality, I, I think that's one of the reasons why it's up, you know, well over a thousand percent in the last year and, and why it's shown so much strength. I think, uh, Monero, you know, I haven't really traded that too much, but it still looks very solid. Um, so I think the privacy narrative is, is definitely here to stay. Uh, and I think in this cycle coming up, I think we could see some really good gains there. Um, you know, everybody talks tokenization. For me, um, I think tokenization is going to be massive. I think it's, I think it's great for the crypto markets because it's kind of funny. Like the tradfi markets are basically moving to what the crypto markets have always been. 24, seven trading. And so, yeah, I think that that's just good for traders in general. We just have more options and more opportunity in that environment. But in terms of like which assets to buy within the tokenization kind of narrative, it's, it's kind of crowded. I mean, to me, I'm looking at the L1s first, like Ethereum, Solana. I think XRP is kind of branched out and starting to go into tokenization a little bit. Um, XLM, there's another small cap, you know, plume, then you've got ondo and Canton. You know, it's a crowded space. Uh, I think the AI crypto sector though, to me at least, is a lot more clear in, in some of the big players. To me, those big players are BitTens or Tau near protocol and VVV, Venice. Okay. Those are, those are kind of like some high conviction bets. And I'm looking forward to trading them a little bit too because I think they're going to be, continue to be volatile. And even BitTens has, has shown some strength throughout the bear market here too. I mean, it had a really nice run and then, you know, they had the bad news come out with the subnet or whatever and that kind of taken down. Um, but they're still, they're still hanging in there. I know they caught a bid today. Um, so, you know, I think the AI sector there as well. And, um, I'm paying close to Robin Hood chain, you know, on the, I was going to mention that next. On your person. Are you, are you on the, are you on the bandwagon? Yeah. Yeah. I mean, I'm on until the wheels fall off, right? I mean, you know, that's, that's how it always goes. I was on the base chain when until the wheels fell off a little bit. Already. I was on Salona. You know, I'm somebody, Lisa personally, you know, I really don't, I really don't like pigeonhole myself into like one thing or I don't want to say like, hey, I'll never touch that or I'll know if there's a tragedy. Yeah, I agree. If there's an opportunity, there's an opportunity. Yeah. You know, that just, that just is what it is. Yeah. Yeah. I see, I do see, you know, in the crypto space on crypto ex, um, I do see, you know, there's like certain people who hate on certain coins, but I think that's nonsense because it's, you know, I mean, for traders, it's nonsense because it's just, it's just a chart. So it doesn't matter. Um, I think it's not a point hating on certain coins. Um, there may be some coins that you've already traded and you don't like the way it moves. So, you know, you, that, that might be a preference, but yeah, so, yeah, I am, I am keeping my eye on an XRP as well. Although there's a lot of people who, you know, hate on XRP. I don't know. I had my, uh, I had my spot order fill on XRP at 99 cents. I had it. Oh, that's cool. So that was nice. Yeah. I had it sitting there and then we got the big bounce today, you know, so that was nice. But I, um, you know, I know exactly what you're talking about. I feel like a lot of people, I don't know what it is, but people I feel like, you know, they're forced to be like, hey, I'm an investor. I'm a trader. You could be both. It's okay. It's okay. You know, like you can also be a long-term investor in a trader at the same time. That's totally fine. Of course. And I think, I don't know, a lot of people on these spaces and shows and, in the crypto community, it's like, you're either a long-time hotler and you don't trade at all or, you know, you're a trader. It's like, I don't know. I guess I'm somewhere in the middle, you know? Yeah. Yeah, of course. Okay. So I want to dig into the trading part a bit more. So Robinhood chain, are there any, um, well, I suppose cash cat, right? Because that's like the, um, number one meme token on Robinhood, right? Definitely. Yeah. Yeah. I mean, that's shown a lot of momentum. I was really impressed by the way it came back, you know, after its big dip, down the like 30-mill. Yeah. That was shocking to me. The fact that it came back up to 150 that quick. And, you know, those are the kind of things I like to see before I really start, you know, feeling comfortable either investing or trading a meme point, you know? Consistent volume. It's starting to have that. I think that's the leader. It reminds me a lot of what we saw with Brett on the base. Yeah, that's what people say. That's what people say. Like it's, it's the bread of base and pepe of eth. So it's cash cat for Robinhood, right? For hood. Yeah. And I remember getting into Brett for the first time at a hundred million dollar market cap. And it eventually topped out at two billion, you know, will it go back there? I don't know. I mean, a lot of these meme coins that go to those crazy levels and they oftentimes don't go back. But if you can catch that first big wave, um, you know, a lot of people, I remember talking to people and I'm like, Hey, I'm getting into Brett here at a hundred million. They're like, you're crazy. You're crazy. And you know, it was it was a 20 X. I didn't time it personally. I think I got out of there like 13, 14 X something like that, like a 1.3 billion. But yeah, I mean, you know, I think cash cat, I think there's some other ones too. What's going on with the stonk brokers? 10 attendees has shown momentum. You know, the ponds POS has shown. POS has. Okay. Was there there's another one called is Zimuthi? What was it? I can't remember the name. Oh, yeah. It's like it's like no, oh, um, oh, is it is it raccoon? Yeah, yeah, I think so. Yeah, yeah, I mean, I think, uh, you know, they're bringing back the Wojack meme on Robin Hood. That's a small cap right now. But chart looks strong. Um,