Landy Talk Down Saylor Sold Story
Landy plays down the Saylor sold story noting 32 BTC sold above basis. Strategy also sold in 2022.
0:07:36Flash crash
0:10:38Funding, long/short ratio, ETF outflows, liquidations
On the mic
Summary
Dave and Coma on Polymarket Resolution
Coma says the yes holders ended up red.
0:27:51Polymarket 'Saylor sells' resolution dispute, take profits
0:31:51New York dormant-Bitcoin lawsuit (~3.8M BTC)
New York BTC Dormancy Lawsuit
Landy explains the New York lawsuit seeking to treat about 3.8M dormant BTC as abandoned property and why it would likely fail. NatNat adds that state dormancy rules also cover bank accounts.
0:41:11Equities melt-up, VIX rule, software laggards
0:44:50BTC four-year cycle, 60k support, liquidity map
NatNat Markets View
NatNat sees equities in melt-up with software as the laggard. BTC weekly and monthly rejections point lower with monthly support at 60k, liquidity building near 65k and 60k, and a four-year-cycle bottom around October.
0:49:12Guest Elliott-wave view, 55k, but not yet
0:54:28Landy, DCA under 70k, tale of two markets
Other Topics Covered
Peter Schiff's Strategy death spiral claim was covered. Silver sits at about 75 against NatNat's 50 bet. BlackBerry has doubled since the show flagged it. The LAB token fell from 26 to about 8 during the show.
1:01:57Silver $50 bet
Moments1:07:30
Key quotes
“I would like to see funding do that blip where they all get whipped they all get whipped sought out, and then we see the blip where funding goes negative for a little bit and then flips back positive because it wiped all the longs out, so then it equals up. But we're still seeing it's like a 1.76 ratio long to short…”
Landy0:10:38Share on X
“Everything is open to interpretation when it comes to these types of markets, even the ones that you think aren't. Right? Even the ones that you think are not. So be very, very smart and be very, very careful when you're doing anything on poly market. Read the rules a 110 times, but also if you're in profit, why even…”
Dave0:27:51Share on X
“his was brought up because someone tried to sue New York City. Right? So I think it's funny how the plaintiff is... They're keeping the name Hayden, but he's addressed as Noah Doe instead of John Doe. It's Noah Doe. He filed a lawsuit in the New York Supreme Court over this. Right? Because the... He claims that he ...”
NatNat0:34:59Share on X
“Hence, my my, my strategy when it comes to hedging, especially just watching the VIX. And I believe we mentioned this on the show, before. Right? If we see the VIX start to break down below 15, that's a take profit because equities are coming down fine. You see the VIX above 30 or 40, that's a load up the boat, buy ...”
“Even with those violent corrections last year and then this year, it still didn't break any structure on the macro time scale when you're looking at, like, a monthly. So it's just a tale of two markets. You've got Bitcoin that did break structure, went into a bear market because it broke the the longer term time…”
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Show discussion, not financial advice.