Bitcoin Crab Walking Again & That Is Good

Give it a ladies and gentlemen hope you are well. Welcome to the Tradeical Crypto Podcast. We just had a river of a storm come through here. Oh, hang on. No apologies, had a buzz at the door from Amazon. Yeah, so it's been an interesting day. Some trading opportunities start to pop up again. Of course, I know a lot of people are quite weary at the moment,

totally understand that. I am still looking at the market and being involved and just keep my finger on the puffs. I'm going to be here doing what I always have been doing for over five years. Anyway, moving right along, I think we've got a few things that are quite interesting that have come out in the Twitter lands today. Notably from our good friend Peter Schiff. I

quote his tweet. This is not a crypto winter. That implies spring is coming. This is also not a crypto ice age as even that can come to an end after a couple of million years. This is crypto extension. Reblockchain will live on. Gold will rise again to lead a new breed of asset backed crypto. Look, I love that he might be right. He might be right.

However, this guy has a very strong record of being very, very wrong. You know, he's been calling this extension for gosh since I interviewed him back in 2019. I'm going to be here. I think it was Bitcoin not going anywhere. Get out while you've got the chance. Meanwhile, gold is down significantly, not really doing a great deal. Not that I've got a problem with gold. That's

the difference here is that a lot of people in crypto don't have a problem with gold. In fact, many that own crypto would probably own some physical gold as well. It's just that we don't carry on like a pork chop boomer. Anyway, so I know a lot of people will be saying that that's a bottom of the line. I don't know if I go that far.

But the entertainment keeps on coming through Twitter. I'm not spending a great deal of time there though. Simply because it's not all that buddy. Positive to be honest, it can be a bit of a cesspool. And the other thing is with all this FTX madness and whatnot, it is not all that healthy to be reading into rumors without the factual information, which we are all hoping

that we get from administrators here in the you also here in Australia. And in the US. So what have we today? Well, Chili is on a move. 6% up, keeping an eye on that. The lower time frames. I'll see if I can't capture myself a little booster. Got a few options around. The top 10. Look, it hasn't done a great deal today. It is up. It's

slightly up, not massively just slightly. And the good thing I could say, well, look at the thing I'm liking at the moment is after this big, you know, this big falls. Keep in mind it was only really two days. We were down 10%. On the 8th of November, that was our lows. The 9th of November. All right. So actually, well, I've got you. Let me just

see. All that analysis that I did about the thesis of Bitcoin breaking down through this support heading to possibly even 11,000. That doesn't look so silly now. X BT is. I'm just I'm assuming if it's the same week. If it's the same week, if it's the same week, I'm going to be able to see if it's the same week. As that week, that that period in

time with the consolidation at 6,000 that I was talking about. Because that'll be very, very interesting. If it did follow the same sort of thing. And then I can go back and research what occurred back in those times during those periods in time as well. So that's going to be interesting. Okay. So the week was. And we broke down Monday, the 12th of November. Oh my

goodness. 7th. It's different by one week. Well, how about that? Hey, that is quite interesting. And history obviously repeats itself. Not all the time, but it certainly has in this particular case. So Bitcoin is at 16,942. Right. Now up 0.4% and interestingly again, it was up yesterday 1.7%. Now on to Ethereum, $1261.90, 0.85% of 8%. It was up yesterday 0.85 as well. Exactly the same number

Binance. It's moving up 1% today. It was down 0.7% of 8%. Yes. Nothing really to speak of. Very sideways looking market there on B&B. XRP at 38 cents down 1.3% representing the only market in our top 10 that is currently down. It was up 3% yesterday. Do just today. Pretty small day up 1.4% very, very sideways for a while now for the rest for this week

so far. It's up 8.8% at 8.7 cents today. Okay. We're down as at 34 cents up 2% making it the best earner will gain in top 10 today. Yesterday it was also up 1.45%. Mathic now is muscled its way into our top 10. It's got itself at 9.95 cents up 1.33% still pretty sideways today though. I've got to say dots up 1% today at $5.97 after

closing up 1% yesterday. Not much to speak of there. Salana was up 2.7%. Yes. They up 1.9% today at $14.55. Finally on to Shiba Inu which was up 1.76% yesterday. It's currently up 1% today. Whilst we do have a slowed any markets I can't say that I'm worried about that all concerned in any way shape or form. Because a market slowing down means that we're not

nuking lower and we haven't had any other cataclysmic events occurring to it. I hope that continues. I hope we've seen the end of it. I hope that the market can start to heal so too. Those that have lost whether it be 3 hours capital whether it be Celsius whether it be block fire whether it be FTX whether it be. It portfolio dropping. There's more we look

to take profits when we've got the opportunity to do so and that's certainly not me rubbing anyone's nose and I'm just saying there are ways that we can ease the pain. I will also state that I'm in a bit too. You know I'm feeling a bit of the pain too. It's it's you know I did not escape this unscathed. Shall we say try the best I

could possibly do but did not get out of it unscathed. Anyway you have a silver damn good day. Don't forget if you have any questions you want to be involved jump across into our discord group and you have yourself a very very good day. Bye for now.