RUSH TRANSCRIPT Words Bitcoin ░░░░░░░░ under pressure today but ░░░░░░░░ ve seen a notable ░░░░░░░░ higher Let s talk ░░░░░░░░ it with alexander Bloom ░░░░░░░░ and cofounder of to ░░░░░░░░ alexander thanks for joining ░░░░░░░░ show A very short ░░░░░░░░ chart I would say ░░░░░░░░ have seen some notable ░░░░░░░░ Bitcoin lately Otherwise it ░░░░░░░░ been pretty range bound ░░░░░░░░ s been moving Bitcoin ░░░░░░░░ lately Normal macro start ░░░░░░░░ there have been rate ░░░░░░░░ both in the United ░░░░░░░░ and Europe Canada all ░░░░░░░░ the world of China ░░░░░░░░ been struggling and injecting ░░░░░░░░ liquidity into their economy ░░░░░░░░ well and Bitcoin is ░░░░░░░░ correlated to global liquidity ░░░░░░░░ real a marijuana right ░░░░░░░░ for the going to ░░░░░░░░ soar within the Bitcoin ░░░░░░░░ we broke out of ░░░░░░░░ certain channel like you ░░░░░░░░ or to use you ░░░░░░░░ a little further We ░░░░░░░░ this company handle structure ░░░░░░░░ which for technical analysts ░░░░░░░░ to be bullish for ░░░░░░░░ say juggle Juggle analysis ░░░░░░░░ like astrology for men ░░░░░░░░ nevertheless people trade off ░░░░░░░░ stuff They use leverage ░░░░░░░░ move the market upwards ░░░░░░░░ and then I could ░░░░░░░░ also of Trump s ░░░░░░░░ odds are looking more ░░░░░░░░ likely polling data If ░░░░░░░░ look at betting odds ░░░░░░░░ polling market different has ░░░░░░░░ momentum Reno edge of ░░░░░░░░ s no question that ░░░░░░░░ is a more favorable ░░░░░░░░ for Bitcoin and crypto ░░░░░░░░ industry and I think ░░░░░░░░ s some response to ░░░░░░░░ as well Trump becomes ░░░░░░░░ verses a Paris becomes ░░░░░░░░ of what could we ░░░░░░░░ So If Trump is ░░░░░░░░ more pro crypto currency ░░░░░░░░ you would assume prices ░░░░░░░░ move higher Are there ░░░░░░░░ You know levels that ░░░░░░░░ re actually looking at ░░░░░░░░ then and alternatively if ░░░░░░░░ becomes president would you ░░░░░░░░ Bitcoin to sell Ah ░░░░░░░░ s a clear difference ░░░░░░░░ these candidates Trump or ░░░░░░░░ s gonna be open ░░░░░░░░ creating a Bitcoin strategic ░░░░░░░░ These pro Bitcoin mining ░░░░░░░░ the us wants to ░░░░░░░░ regulation replace Gary Gensler ░░░░░░░░ better or worse is ░░░░░░░░ launched his own field ░░░░░░░░ currency just what the ░░░░░░░░ of us So there ░░░░░░░░ a crypto stuff there ░░░░░░░░ the opposite side You ░░░░░░░░ The one thing here ░░░░░░░░ a said is a ░░░░░░░░ basically that he wants ░░░░░░░░ provide more protection specifically ░░░░░░░░ African American crypto investors ░░░░░░░░ I only when I ░░░░░░░░ protections are this year ░░░░░░░░ more regulation not wild ░░░░░░░░ in our country and ░░░░░░░░ others There s no ░░░░░░░░ that I think in ░░░░░░░░ short or medium term ░░░░░░░░ Trump election victory would ░░░░░░░░ better for Bitcoin in ░░░░░░░░ of price levels I ░░░░░░░░ my see I would ░░░░░░░░ me but I don ░░░░░░░░ like to make predictions ░░░░░░░░ must secure derivatives and ░░░░░░░░ trade off the the ░░░░░░░░ but I would be ░░░░░░░░ surprised if we did ░░░░░░░░ break all time Highs ░░░░░░░░ with a Trump victory ░░░░░░░░ I d be surprised ░░░░░░░░ we didn t get ░░░░░░░░ to the in our ░░░░░░░░ forties with the Harris ░░░░░░░░ both in it just ░░░░░░░░ betting on both sides ░░░░░░░░ gonna either be deliver ░░░░░░░░ are covering yeah sure ░░░░░░░░ s all this stuff ░░░░░░░░ so I think this ░░░░░░░░ a yet critical binary ░░░░░░░░ that yeah we trade ░░░░░░░░ but a strange over ░░░░░░░░ arm years getting involved ░░░░░░░░ both directions The long ░░░░░░░░ long put my make ░░░░░░░░ lot of sensor in ░░░░░░░░ situation Will be one ░░░░░░░░ crypto finally out of ░░░░░░░░ range or Bitcoin Finally ░░░░░░░░ range But I think ░░░░░░░░ s a good chance ░░░░░░░░ Ah yes In the ░░░░░░░░ business here about I ░░░░░░░░ know earlier today I ░░░░░░░░ an 80 thousand price ░░░░░░░░ for Bitcoin When you ░░░░░░░░ all time highs Are ░░░░░░░░ thinking that or even ░░░░░░░░ Going to 10 million ░░░░░░░░ and so let s ░░░░░░░░ the talking with but ░░░░░░░░ think in the short ░░░░░░░░ I ended the year ░░░░░░░░ I know were in ░░░░░░░░ mid sixties Now like ░░░░░░░░ don t think it ░░░░░░░░ unfathomable We could reach ░░░░░░░░ nineties or hundred thousands ░░░░░░░░ sort of the reflexive ░░░░░░░░ action pick on people ░░░░░░░░ the price rising They ░░░░░░░░ Bitcoin a cause to ░░░░░░░░ more and years get ░░░░░░░░ kind of job virtuous ░░░░░░░░ which it can go ░░░░░░░░ both directions But I ░░░░░░░░ wouldn t wouldn t ░░░░░░░░ me in when be ░░░░░░░░ in the history of ░░░░░░░░ E yaffe earlier today ░░░░░░░░ know you d also ░░░░░░░░ tracked I bet bet ░░░░░░░░ Why aren t isn ░░░░░░░░ there are closer correlation ░░░░░░░░ in especially at bit ░░░░░░░░ and the price of ░░░░░░░░ Why is there a ░░░░░░░░ there in terms of ░░░░░░░░ chart I m I ░░░░░░░░ I m just wonder ░░░░░░░░ have it is there ░░░░░░░░ correlation between I that ░░░░░░░░ and at the price ░░░░░░░░ Bitcoin because I I ░░░░░░░░ a disconnect between bit ░░░░░░░░ and Bitcoin for those ░░░░░░░░ want to invest but ░░░░░░░░ necessarily wanna buy crypto ░░░░░░░░ The Bitcoin each You ░░░░░░░░ stay closely hall The ░░░░░░░░ they re just not ░░░░░░░░ re not priced as ░░░░░░░░ one Bitcoin isn t ░░░░░░░░ share their priced in ░░░░░░░░ smaller share sizes and ░░░░░░░░ I ve they re ░░░░░░░░ correlated something deeply wrong ░░░░░░░░ with the it yesterday ░░░░░░░░ know we ve been ░░░░░░░░ purely Bitcoin Should we ░░░░░░░░ other crypto currencies on ░░░░░░░░ radar as as well ░░░░░░░░ we be looking at ░░░░░░░░ theory and still should ░░░░░░░░ be looking at some ░░░░░░░░ the others.