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The five reasons why alt season is Postponed despite the White House coming Out and saying that wages are keeping up With inflation the majority of consumers That are living paycheck to paycheck do Not feel the same in fact research shows That the majority of these consumers Can't afford nearly anything due to the Fact that the essentials their needs are Going up so much this includes rent Utilities and groceries now there is a Light at the end of the tunnel I going To talk about the altcoins that I'm Personally accumulating because I live I Believe we are truly living through a Monumental shift in our economy we're Going towards a era of tokenization There is going to be momentum back in The crypto Market but before we get There we need retailers and consumers to Be able to actually afford the marketing Set forth by all these Venture Capital Firms you see all these altcoins your Favorite altcoins the majority of them Besides Bitcoin and of course ethereum Now because they have spot ethereum or Spot ETFs that are institutionalized They're going to be reliant on a lot of Retail volume coming from the marketing From these VC firms now happy labor day Everyone we are obviously taking the Morning off but we got TJ Kelly Tim we Got the whole team here helping redesign The studio because we have new content
Coming out for you guys not only are we Of course still focusing on crypto and Your altcoins but we're definitely Diving a little bit more into the macros Which we'll be using this new board for Exclusive content here in a new studio And this is going to be specifically so That way we can cover Fred with all of The economic data being you know given Out in terms of the retail audience our Focus is retailers we're the ones that Are looking to accumulate we're the ones That are looking to make money off these Markets and at the end of the day guys We say this time and time again no one's Here to hold a crypto forever hodling is What wrecks your portfolio unless you're Holding Bitcoin and some of you for Ethereum a lot of these altcoins they're Going to be narrative plays whether it's AI whether it's dpin whether it's going To be web 3 gaming or metaverse plays You're going to be constantly rotating And of course to see those rotations we Need liquidity when you see article come Out like this from a TDM Merit trade it Is not going to be the most bullish Article in terms of consumer spending I Mean over a third of Americans are Feeling the pain from inflation and are Now focusing on cutting back spending Because while consumer sentiment or Consumer confidence might be up they're Still spending they're spending more on
Utility more on groceries more on gas And this means it's going to be a lot Less liquidity entering the markets for Crypto and risk on assets and the Consumer confidence remains High which Of course shows that we do still have Spending which means we're not going to Be necessarily in a recession that People were trying to predict like the Great Recession of 2008 but it does show That they're confident the FED is going To start reducing interest rates making Money easier that wage growth is going To outpace of course inflation and these Are all things that will round out that Bottom on the personal savings rate as You can see here but until that happens We're stuck and I don't see enough data In the economy to show that the feds are Going to Pivot by 75 basis rate cut We're more than likely going to see 25 Basis points followed by another 25 at The following event and the reason for This is because how consumers are acting With specifically credit cards where the Average American has three different Credit cards has pretty much maxed them Out and are living on programs that are Byy now and payback later now most Financial gurus will tell you you know Credit cards a a bad thing because that Incentivizes you to go buy luxury goods Or that brand new TV but the reality is Since covid-19 consumers are actually
Using credit cards for their basic needs Groceries utility rent or what's Actually the number one expense in the United States economy which is going to Be medical expenses yes people put their Medical expenses on their credit cards Or is going to be one of the main issues In our economy and something that Everybody should be taking to the polls In November but it's going to be energy Costs energy costs are up so much and They're not slowing down we need to Drill more so there are a lot of signs In this economy right now that show we Can actually have someone off a soft Landing I think it's going to be a lot Harder than the feds and the White House Like that make it to me I think it's Going to be a lot less than the fear Mongers on YouTube like to make it seem Oh the great housing crash oh sell Everything now go into gold buy my 14th Edition of my gold standard book because I've been claiming that the market is Going to crash since 2008 the reality is Guys I think it's going to be somewhere In between the middle and I think we're Already in that bottoming phase but that Does not mean alt coins can't see Another 30 40% dip it also doesn't mean That we can't see a 30 40% pump uh in Fact historically if you guys watched The previous video on this channel I Explained how every time the feds seem
To Pivot or cut interest rates uh in 2008 specifically which yes there's a Lot of similarities it's not all the Same markets tend to rhyme not always Necessarily Repeats but it actually was about a few Weeks after the feds raised their or cut Their interest rates that we saw a peak In the market before downside action and So we might see something similar on we Might might not we might just continue To trade sideways maybe we go back down To 4 $45,000 or maybe we do go back up To 70k before we drop down to what I Believe is the most likely scenario so Go check out that video but we're at a Point where we need energy costs to come Down massively this is number four if we Start drilling more if we start creating More energy within the United States Becoming more energy energy independent It's not only going to drive down the Cost of things like gas and of course Your utilities at the home but it's Going to lower the cost of all supp Supply chain so your groceries food Everything are going to obviously still See an inflated price but they might Come down at the store and in fact this Might actually allow wages to outpace uh Inflation by a decent amount and we need That for a few consecutive months we Need consumers to be able to make more Based off their income against inflation
So they can start saving so they can Start feeling confident so they can Start splurging and not just buying Things that are just basic necessities But rather start investing back back Into the economy reason is simply going To be an accumulation of all these Reasons but is of course consumers Living paycheck to paycheck this chart Right here is one of the most important Charts you'll probably ever see in the Financial markets roughly 65% of Americans are living paycheck to Paycheck right now there's Americans That are making six figures that live Paycheck to paycheck because while some People might believe six figures or $250,000 a year might be a lot of money When those individual lives in places Like New York or San Francisco or Los Angeles $250,000 is literally enough to live Paycheck to paycheck they can't even Afford to save and what's awesome about This chart is notice when it both peaked And it bottomed it peaked in November of 2022 which so happened to be the bottom Of bitcoin's price now is the time to Simply focus on accumulation you can see On this chart as well that I do believe We're about to peak in the same regards That we peaked in November of 202 22 the Difference this time is we're waiting on Not only energy our cost to come down
We're waiting on the feds to Pivot we Don't know if they're going to cut Interest rates by 25 basis points it Does seem the market believes that but If that's the case it could be a few Months of sideways action a few months Of breaking between 55 maybe and 65k Maybe we get anticipation and hype with Good economic data points this month That leads us to a $70,000 Bitcoin Around the time of the FMC meeting with The cuts but we will that be enough to Actually bring back that consumer Confidence is that going to be enough For consumers to look at the everyday Market and say you know what there's Actually enough money here for me to not Live paycheck to paycheck but rather Focus on investing and diversity my Money splurging on vacations and these Type of things because as it stands Right now over 70% of the market Believes that restaurant prices gas Prices energy costs food costs are going Up across the board and as long as the Majority of the market feels that way That means consumers are going to be Less reluctant to spend a good majority Of their money the money they do spend Is again going to be on the higher cost Of these Goods so we are in a very Pivotal moment in these markets right Now I think people as they get bored They're going to leave the markets
People are going to start saying ah Crypto is a scam for the 100th billionth Time in their their lifetime and they're Just going to watch this rinse and Repeat and I'm going to keep you guys up To date with this as we guys we build Out these Studios because we get the we Get the see behind the we get to see What the VCS are doing we get to see What all these companies are doing when They spend on marketing are they holding Back are they going to postpone their Campaign are they going to move it by 3 Months which is the case right now the Majority of these companies that are in Talks for sponsors that are in talks for You know getting connected to K groups And large teams they're postponing all Of their marketing initiatives by 3 to 6 Months they keep delaying their launches They keep delaying their ideas and this Is because they're waiting for that Consumer uh sentiment to change they're Waiting for for consumers to be able to Start spending money again if not think About it it's very simple logic Guys These companies are going to invest Millions if not hundreds of millions or Billions of dollars in into marketing Across the board right they're sitting On a lot of cash a lot of these Companies have a decent amount of cash Saved up on the side if they were to Deploy that now who's going to buy their
Product who's going to sign up for their Their subscriptions the ansers nobody Not until that consumer sentiment shifts So we are at a pivotal Moment Like I Said the products I'm going to be Accumulating are the ones that I think Are going to dominate the best that's of Course Bitcoin and ethereum you guys Might be rolling your eyes but the Reality is this is an Institutional game Guys this ain't Ico craze 2021 this Ain't Ico craze 2017 this ain't the Black market from 2013 this is now an Institutional game so if you don't have The exposure to bitcoin or ethereum You're going to get left behind but last Three to sum up are going to be Ando Chain link and of course salana which is Another institutional favorite be sure To comment what you're accumulating and Turn on those notifications so you stop Missing out see you next video
