URGENT WW3: Should You Sell BITCOIN and Crypto? (ALTEASON CANCELLED)
🎯 Summary
Podcast Episode Summary: URGENT WW3: Should You Sell BITCOIN and Crypto? (ALTEASON CANCELLED)
This 81-minute live stream focused intensely on the immediate impact of escalating geopolitical conflict in the Middle East (specifically between Israel and Iran) on the cryptocurrency markets, while simultaneously analyzing current technical setups for Bitcoin and altcoins. The host balances breaking news coverage with live trading commentary and sentiment analysis.
1. Focus Area
The primary focus was the intersection of geopolitics (Middle East conflict escalation) and cryptocurrency investment strategy. Key sub-topics included:
- Analyzing Bitcoin’s price action and liquidation levels amidst conflict news.
- Debating whether the anticipated “Alt Season” is canceled or merely delayed.
- Live technical analysis of Bitcoin ($BTC) and Solana ($SOL) charts.
- Discussion of broader macroeconomic factors (Fed delays, rising bond yields).
2. Key Technical Insights
- Bitcoin Liquidation Targets: The host was closely watching liquidation stacks, noting a significant selling block around $105,550 and higher liquidations up to $106,553. A worst-case scenario, if the conflict fully escalates, suggested a drop to fill the CME futures gap near $90,000 - $91,000.
- Solana Short Setup: The host identified a potentially bearish setup on Solana, targeting a short entry near $148 if the price moved up to test resistance.
- Historical Precedent: Reviewing past conflicts (Russia/Ukraine invasion, Oct 7th Hamas attack), the host noted that initial fear-driven pullbacks were often followed by significant upward price action in Bitcoin, suggesting current fear might be temporary.
3. Market/Investment Angle
- Holding vs. Selling: Despite the geopolitical tension, the host expressed a personal stance of “I am not selling,” aligning with bullish sentiment in the chat.
- Alt Season Outlook: While acknowledging that every time Ethereum nears a breakout, negative news intervenes, the host noted that many analysts still anticipate Alt Season within the next two months (July-September).
- DeFi as a Strong Sector: DeFi was highlighted as one of the best potential areas for investment given the current market conditions.
4. Notable Companies/People
- Netanyahu: Mentioned regarding his aggressive stance and calls for regime change in Iran.
- Charlie Kirk/Political Commentators: Discussed as examples of paid political commentators spreading potentially coordinated narratives regarding sleeper cells and escalation risks.
- Tars AI: Briefly mentioned as a project the host has followed.
- Fidelity: Mentioned in the context of potential future ETFs, specifically noting the anticipation for a Solana ETF (S1), which previously helped pump SOL.
5. Regulatory/Policy Discussion
The discussion heavily criticized the role of politicians in escalating global conflicts, suggesting that retail investors are consistently hurt by decisions made by those financing or benefiting from war. There was no specific discussion of crypto regulation, but the broader theme was the negative impact of government policy (geopolitical and economic) on markets.
6. Future Implications
The conversation suggests that the market is currently in a “market maker’s game,” where volatility is high, and retail investors must be cautious, especially entering the weekend with low volume. The host believes the conflict is likely to escalate over the next 5-12 days, but historical data suggests Bitcoin may ultimately absorb the shock and continue its upward trajectory, provided a direct attack on US soil does not occur.
7. Target Audience
This episode is most valuable for active cryptocurrency traders and investors who need real-time analysis linking major global events to their portfolio decisions, particularly those focused on Bitcoin and high-cap altcoins like Solana.
🏢 Companies Mentioned
💬 Key Insights
"The doctors are going to just be the ones that know how to use the AI system."
"The biggest concern is watching people not learn AI and get pushed out, not investing crypto, not investing AI, not investing, they're investing in traditional markets. They're going to just get absorbed."
"if you guys aren't using Grok or ChatGPT or all these AIs, everybody in this chat here should be using AI to make yourself smarter."
"people feel like we're still in a bear market because it doesn't feel there hasn't been an alt season, but this is the proof in the pudding, right? This is the proof that you're just looking at an institutional market that is much harder to navigate."
"It's because of AI systems they've created that drain liquidity, extract liquidity from other market makers."
"we will never beat an institution. Not as a you'll as a retailer, you need to just understand you will never beat an institution."