Trading the Markets: June 18, 2025 | Kris Bullock ft Bijan Maleki

0:00Hi, everyone. I'm Raoul Pal, the CEO and co-founder of Real Vision. Here at Real Vision, we're committed to give you the best knowledge, tools, and network to help you succeed in your financial future. If you're enjoying this podcast, please take a moment to give it a five-star rating. It truly helps us continue to bring top-tier content. Thank you so much.

0:25Happy Wednesday, everyone. Happy Hump Day. Welcome back to another episode of Trading the markets. I'm Bijan Malecki. And of course, I'm joined by Chris Bullock, aka BlastoPlast. Right now, guys, you can lock in 12 months of Real Vision for the price of nine. That's three months free when you upgrade to an annual membership. And you better do it quick because this offer expires on Friday, June 20th. So make sure you go there and get those three months free while they still are available. And with that, you'll also be able to enter the trade idea competition. That competition is in full swing. Ideas have been rolling in.

1:07Some smart, some very degen. If you look at the trades, I've just been laughing at how degen some of these trades have been. But some have also been very smart as well. Just fantastic stuff. If you've got something with real upside, now's the time to put it on there. Up for grabs is a private chat with Raul. Get a lot of alpha there in that one-on-one conversation. RV swag and more as well is available. So make sure you enter a trade and make sure that when you do enter the trade, you do submit it to the trade idea competition. So be sure to do that. And also Chris released his latest entry level crypto portfolio on Friday the 13th.

1:52It was the 28th edition, Chris. So that's awesome. I can't believe it's been so long that we've been having these look forward to them every time. They're just great. Trading action has been choppy of late, but Chris has assured us that if everything plays out, according to the data, we could be in store for some all time highs by mid July. you'll need to be an RV Connect member or above to get full access. So if you're not, now might be a great time to take advantage of that great offer we have going on. Again, that ends June 20th. A quick reminder as well, we discuss this stuff all day, every day in our Discord.

2:31So whether you want to stress test your ideas, want to get insights on new trades, You need to join us in the RV Connect. You'll also have access to Chris's and Joe Blant's portfolio as well. And as always, guys, if you have any questions, charts, coins, anything you want us to discuss here live on air, just drop your questions in the chat on X or on platform, and we will get to as many as we can. Without further ado, Chris, let's get into it. What's on your mind. Yeah. So it's funny. The most exciting thing going on in crypto right now isn't actually even a crypto. In fact, it's the Circle stock.

3:15It's just ripping right now. It's doing better than anything else on my watch list at the moment. It's coming off the back of the approval, not approval, but passage of the Genius Act in the Senate yesterday. It was voted on. It passed overwhelmingly, I might add. And, you know, as a result, Circle is ripping today. I mean, it's up 20%, which for a stock, I mean, come on, you know, and it's done that like several times over the last, you know, well, little week plus that it's been out. So Circle is the story, and I think it will continue to be. However, you know, it did pass through the Senate.

3:52Now it goes through the House. So it's not like a done deal. We're not there yet. We're not over the finish line it has to go through the house and uh there's a chance that in that process it could get uh let's just say massaged a bit uh you know there's gonna they have their own idea they have their own separate act that they've written and basically they want to take their form of it and essentially merge it with what's going on with the genius act and hopefully ultimately approve it uh a little bit a little bit dicier there because they have less of a majority but uh i still have high hopes for it.

4:22I think it will do well. So there's a chance, there's an outside chance where if it doesn't pass or if it gets too chopped up and, and it, you know, loses its, its sort of core meat, then that may impact the stock. But, um, my gut says it's going to pass, you know, my gut says that like, uh, it's got a lot of momentum right now. And I think that that's going to contribute to the stock price going higher. So, um, I'm kicking myself for not buying some circle last week when I thought about it, because it's probably up damn near, uh, you know, 2x from from whatever shame on me but uh yeah no it's it's still like i said it's it's doing the best of anything crypto related right now and so i think that's i think that's really interesting and and honestly that's great um outside of that it's it's much more boring um we're really just in a in a sideways phase where we're very much the markets i feel like are just sort of generally on pause right now.

5:18All of it has to do with basically what's going on in the Middle East. That came in and sort of just stopped everything in its tracks market-wise. Initially, there was a little bit of reactionary price action that we saw. Hi, Raoul here. Listen, I think we've got until 2030 before the economic singularity arrives. Now, it might not be the exact date, but it's around then. So we have about six years to figure out how to unfuck our future. I've put together a report to help you called Prepare for 2030. It's going to help you take the first steps in that journey to make sure you're secure past 2030.

5:53So just click on the link below and start your journey now. But everything is basically stabilized. If we look at Bitcoin right here, for example, it's just kind of going sideways. It hasn't really done much. We were coming out of a low, like a cycle low back at the beginning of June on the 5th. We had bottomed out and it looked like we were going to go on to set new highs. And then everything kind of retraced basically off the back of the uncertainty that's happening right now. But the good thing is, is we haven't gone on to set new lows. We haven't really broken the structure. We're still effectively in an uptrend.

6:29And we're just kind of meandering sideways right now, waiting for some kind of resolution from that. In addition to that, we've got a Fed meeting today. And I don't think anybody's expecting a rate cut. But what really everybody's going to be paying attention to is the Powell Press Conference. And the anticipation is that he will come out with a bit of a dovish tone right now, which I think could serve to potentially juice the markets a little bit, maybe break out of this structure that we're in. So we're waiting for that. But right now, again, everything is basically just on pause. And in the meantime, we're seeing Bitcoin dominance continue to creep up.

7:09We had peaked back here on May 5th and it dropped. And initially there was the idea going around that potentially Bitcoin dominance had peaked, but we didn't really end up breaking that weekly trend. And instead, we've basically ridden it right back up. And we're on the verge of setting new sort of four-year cycle highs right now. We're very close to getting back to a new high. Meanwhile, others.d or alt dominance is in the process of setting new four-year cycle lows. So not looking good. And if you kind of drill into that a little bit further, you can see that basically, like last week, I think 27 alts were outpacing Bitcoin on a 90-day moving basis.

7:54Now 21 are. So that number has gone down. And of those six or so that have dropped out of that, two of them, SWE and Solana, which isn't great to see. They were above Bitcoin for a minute. Now they've dropped back down below it. But outside of that, we've got basically the usual cast of characters that are continuing to outpace everything. Primarily those being Syrup, SPX, Fartcoin, Hype, Virtual. and another one that's really come on strong lately is Aero, AeroDrome off the back of the announcement that they were being bought by Coinbase and basically integrated into Coinbase and will be like a DEX trading environment that will be available through the Coinbase ecosystem.

8:37So that's noteworthy and that's given that one a little bit of a pump, AeroDrome a little bit of a pump. But outside of that, we can see there's six or so that are wildly outperforming everything and then the rest are just kind of plodding along and not very many of them are outpacing Bitcoin. It's interesting to see ETH still in that mix. ETH is managing to kind of hold its own and carry itself a little bit. But yeah, outside of that, there's some big DeFi names like Aave I want to call out, Curve I want to call out. I think DeFi is starting to look really strong. Again, off the back of those announcements from the SEC, I think a couple of weeks ago now, talking about just looser, looser regulations towards DeFi.

9:20And I do think that DeFi will be one of the better performing sectors over the next six to 12 months. I think that they stand to do really well. And then, yeah, DeFi and this stuff, memes, you know, basically, and hype, hype too. Hype, you know, continues to be really strong, has really strong fundamentals, does really well during times of market uncertainty, because they tend to make a lot of money when there's a lot of liquidations on their platform. And so that, you know, they do well, whether things are going good or bad, which is the case for most exchange based tokens in general. That's why we tend to see a lot of exchange tokens in this upper section here.

10:00So yeah, hype's right in there. But again, basically it's Bitcoin and Circle and about six or eight alts. And that's kind of it, you know, not much going else, not much else going on And besides that, while we wait for the uncertainty to resolve itself. So we're in a bit of a boring stage right now. Yeah, you know, this kind of speaks to what you've been saying for a while now, that this cycle is not going to look the same as previous cycle in terms of alts. And we're really seeing that play out as, you know, the kind of that number of alts that have been outperforming Bitcoin has shrunk from this week as compared to last week.

10:41Really seeing that take shape. So, yeah, absolutely. Going to be interesting. Make sure you pick the right ones. And I think hype has been one that we've been talking about for a bit. You've probably been seeing it on the timeline for a bit. And I really just want to kind of underline that point that Chris made, that hype does well when the market's doing well. It does well. It seems to do well when the market's not doing so well. Because again, they're always going to be generating fees so long as people are using their platform and those fees that they generate are being put right back into their token.

11:14So I think that speaks a lot to why you've been seeing it perform and hold up pretty well with this kind of chaos that we've been having. Really surprising to see for an alt in general. Nice to see from Bitcoin, but I was very surprised to see the likes of Hype and even SPX being just holding up so well during this like really chaotic time that we have. Yeah, exactly. Neither one of them really even lost their downtrend structure. They kind of both just mean reverted down to their 20 day moving average and both have bounced since then and seem to just be plugging right along, you know, so showing a lot of relative strength compared to the rest of the market for sure.

11:54Yeah, absolutely. So before we kind of get into some of your questions and maybe some charts that Chris wants us to take a look at, I do want to highlight a trade here from James Rhodes, who's currently number one on the leaderboard in our trade ideas competition. He was telling us to buy Tesla. He's up just under 21%. He's up on that trade. He's number one. Like I said, his reasoning is why on this trade, Tesla has gone down due to the Trump beef, it will resolve and Tesla will rip after people realize robo taxi and humanoid is life changing. So wanted to shout out James there for being number one.

12:41But he has about what about 12 days left, you know, somebody can still, you know, overtake that. But right now, it's looking like James is in line to have that, that private conversation with Rao. So great job there, James, on that. So guys, go ahead and enter those trades. Chris, what chart do you have us to look at today? Anything that you really want to draw attention to? I do want to note that I think what you are about to bring up, we were scolded earlier on air from RV member King Cobes. It is the Atreides chart for RV. So Chris, why don't you show us that and then tell us what it does and why you like it so much.

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14:06With a simple and intuitive platform, you could trade anytime, anywhere. Experience the fast, accessible futures trading you've been waiting for with Plus500. With over 20 years of experience, Plus 500 is your gateway to the markets. Visit us.plus500.com to learn more. Trading in futures involves the risk of loss and is not suitable for everyone. Not all applicants will qualify. Plus 500. It's trading with a plus. Yeah, so for sure. So a community member here in Real Vision, which if you're not a member, you need to be so that you can get into the Discord and share in these amazing resources. and that all of our fellow members create and share with us.

14:46So this indicator set was made by a fellow community member. He goes by math. And he made this really great set called Atreides. We learned earlier that we're pronouncing it totally wrong, butchering the pronunciation. But anyway, yeah, it's just a really, really excellent sort of easy, passive way to just invest in Bitcoin. You know, and it's, you know, it's been back tested for years. And you can even just go back anecdotally and just kind of look at it on your own and see that basically anytime it's green, if you're holding, you know, you buy Bitcoin when it turns green, you sell when it turns red.

15:24And if you go back and look throughout, you can see that nine times out of 10, you're going to you're going to have a winning move by doing that. And so he's put a lot of time into this. He's tweaked it. He's refined it so that it's it's basically very well dialed in right now. And this is literally all he does. I mean, he just holds Bitcoin. And like I just said, he buys when it turns green, he sells when it turns red. And he's probably doing better than most of us right now who are degenning into all these alts and trying to outpace Bitcoin and all of this stuff. And meanwhile, he's laughing all the way to the bank.

15:56And it seems like a little too easy, but it's not. It can be that easy. And so, yeah, shout out to Math for creating this. right now it is red, which I think is noteworthy. And, you know, we'll see because this is a little bit contrary to my current thesis that I think we are going to be moving on to all-time highs probably sooner rather than later. So I'll be interested to see how this resolves itself. But in the meantime, yeah, he, you know, it's red, he's out. He recently added a yellow sort of transitionary indication to it so that, you know, once he sees things starting to roll over either, to the upside or to the downside.

16:38It does give a red signal that sort of signals, like I just said, a transitionary phase, a neutral phase. Sometimes it resolves to the opposite color. Sometimes it stays, it goes back to what it was. But that's been a welcome addition too, just so that that way you can maybe start to be prepared for a potential change in color. So that was a welcome addition. He's also got a bit of like an oscillator component to it down here at the bottom that does give a little bit more nuance to it. Like you could see, you know, say as we were in this peaking phase here, we did see this oscillator start to roll over here.

17:13We did see it start to flip red prior to even the yellow signal flipping yellow here. So this is just another sort of, again, it gives a little bit more granular insight into how we see the momentum shifting within these larger trends. And so, you know, between the two of these, I don't think it's like you almost don't need anything else. You know, if you're one of those investors who is just holding Bitcoin and again, more power to you if you're doing that, there's certainly nothing wrong with that. And if you are, I think that this is a great strategy to if you want to be active in your Bitcoin holding and, you know, selling, you know, trend following basically, as opposed to literally just buying and, you know, hodling for years on end, which also is fine, too.

17:56But if you want to be a little bit active, you can you can do this strategy. And I think it'll give you a little bit more gains than maybe just holding Bitcoin on its own. And, yeah, I mean, get in, get on Real Vision, get in the discord and start benefiting from these amazing community resources that we have because they're they're awesome. Yeah. When a guy who goes by the name of math puts in a chart and posts it, I feel like you should listen to it. Yes. Right. So, yeah, great job, math. Absolutely nothing wrong with holding Bitcoin. Sometimes I feel like that's just literally the smartest thing to do is just hold it, shut up, walk away, and just know that you're going to hold the best asset of our lifetime and get just awesome gains at the end of the day, right?

18:42So nothing wrong with that. In fact, it is probably encouraged more so than not. So just want to say that. Chris, what do you think about taking a question? We just got one as well. Let's dive into. No, go for it. All right. So this one comes from Greg Brooks from on the RV site. Been holding link for a few years now. Is it time to swap? Greg, quick answer, I will say is yes. But but Chris, why don't we dive into the chart and maybe give a little more more reasoning for Greg on why that would be? Yes. hold on, let me pivot here real quick, get my timeframes dialed in and switch over to what I'm going to talk about with this is the link Bitcoin performance.

19:35And because I think that that's really the most telling. So, I mean, really with these older legacy alts, kind of to back up real quick, the way alts work in general, you often see play out is new alts will come on and they'll have an initial sort of speculative hype phase where they're the new shiny object on the block. Everybody's like, ooh, this is going to change the world. This is going to be the best thing. It's got the best tech. And in the case of Link, Link is absolutely brilliant technology. It's very important. It's not going anywhere. It's one of the most successful crypto projects that we've had, honestly.

20:10And especially with stable coins being more of a thing in the near future, Link is only going to become that much more important. But as we often discover in crypto, the fundamentals don't always line up with investor sentiment in crypto. Investor sentiment in crypto is very unique compared to a lot of other asset classes. And so a project can have amazing fundamentals, but that doesn't necessarily mean it's a good investment. And I think Link is a very good example of that. You can see it had its initial hype phase when it came out in 2018 here. It outpaced Bitcoin for really most of that initial cycle.

20:50And then it actually peaked around August of 2020, which if you remember correctly, Bitcoin actually didn't peak until November of 2021 in that previous cycle. And so ever since August of 2020, Link has effectively been in a years-long secular downtrend against Bitcoin. It has lost value. It's given up most of the gains that it had from that initial hype cycle. And again, that doesn't mean that Link is a bad project. It just means that, you know, it's more like the market is coming around to establishing Link's actual real world value, you know, its actual token price value based on its actual fundamentals.

21:33And so you kind of have to ignore this initial hype cycle. And this is sort of what Link is really actually worth now. And so, you know, as you can see, it's basically just lost money against Bitcoin ever since then. In fact, just this week, it's gone on to set new lows. So this trend isn't really anywhere close to reversing. Yeah, it has occasional periods where it'll sort of mean revert and it'll bounce and it'll try to set, you know, it'll try to reverse, but it just goes on to break that and set new lows and new lows and, you know, basically lower highs and lower lows on and on. And so I don't really foresee this changing anytime soon.

22:11There is, sure, there's a scenario that could play out where Link could reverse and it might outpace Bitcoin for a few months even, maybe even six months even. But the larger, longer term downtrend, I don't really see breaking anytime soon. And so the long answer, you know, compared to Bijan's short answer, both of us are basically, yes, get out of Link. Now is the time to get out of Link. because, yeah, it's just with crypto, you have to sometimes ignore the fundamentals and really just look at what has the most buzz. I mean, crypto is very price driven. Price is king. Momentum is king. You know, buzz is king.

22:48And whatever has the buzz is whatever's going to be running. And more often than not, it's the latest, greatest new kid on the block that, you know, has that hasn't gone through that initial speculative hype cycle yet. And so now you could argue that link sort of has baggage and that's why it's not going up. Whereas a lot of these other new tokens like hype, for example, hype token, for example, um, or some of the meme tokens, for example, that's why they're running right now because everybody's diving into them. Um, and, uh, that's why the money's going up because it's all speculation. And so that's why I say link is maybe not the best investment right now.

23:25You're obviously you can see here, you're far better off just holding Bitcoin than you are holding link in this moment. And so, So yeah, I would say get out of Link. Yeah, you showed us that chart earlier about all the altcoins that are outperforming Bitcoin. Link wasn't on there. And I don't think they've been on that chart for quite some time either. So another reason, just like Greg, I would say, why are you holding, like why you should always ask yourself why you're holding what you're holding and what your goal of your portfolio is. Is it to make money? Is it to be, you know, a passenger in this, you know, revolutionary technology that we're experiencing?

24:03Is it a little bit of both? I would argue it's probably to make money, right? I mean, I would think that's why we're here. Raul always says we only have five years left to make as much money as possible. So don't fuck this up. So for that reason, I would probably say take a look at that chart that we shared earlier. There's 21 altcoins outperforming Bitcoin right now. but there has been like Chris said about six or seven that have been the usual suspects that have been you know doing particularly well so if you're looking for something to swap it into that would probably be a good bet hype fantastic bet maybe you don't want you know to get into SPX because it's a meme coin but you know I think Chris would argue otherwise on that so Chris why don't we uh why don't we actually look at SPX chart because recently you have been you haven't been calling it a meme coin, right?

24:51You've been calling it kind of a movement coin, you know, right? So why don't you talk us through that chart, what you're seeing there and why you're bullish on SPX? Yeah, yeah. So like you said, it's sort of, to me, has moved on from being just a typical meme. Like a lot of people kind of lump all the meme coins together that, you know, they're just this, there's some kind of central theme, whether it's a dog or a cat or, you know, a Yeti or whatever. And, you know, it's fun and it's all about community and it's all, they're basically tokenized communities. That's effectively how we view memes.

25:27And there's nothing wrong with that. To me, I think that's a perfectly legitimate sector, you know, within the crypto ecosystem. And memes have proven over time to do very well. Many memes have well outpaced, you know, technical or tech alts or, you know, alts that are actually based around real projects. you know you could argue just as many memes have done as good as tech projects have done good and there's plenty of tech projects that have done terribly you know that have great tech behind them and so i think memes should be viewed with a little bit more legitimacy than they are however within that of course there's going to be memes that that you know do poorly and really the key you want to look for is memes that show a long history of like diamond handed holders that show that they can weather these massive corrections and the buyers keep coming back and they believe in whatever this is going on.

26:22Now, what makes SPX unique is it has this a bit of an outlandish goal, I might say. Initially, you look at it and you kind of dismiss. Its goal is to sort of flip the S &P 500, which obviously is, what is that, 9 trillion or something like that, which at first thought, that sounds insane. And I don't think anybody thinks that that's going to happen, though you could argue that some of the more sort of fervent holders ultimately believe that. But the idea behind it is when you put such an outlandish goal in front of something, it makes people want to keep going, keep chipping away at that. And even if it doesn't get anywhere close to 9 trillion, which again, that's insane.