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Let me ask you this. Liberation Day. Terrible. In two months, the market has reached new highs. War in Iran. Terrible. New highs in two months. Is this something different or the same? Don't panic. Now is the time to act in crypto. Look. Bitcoin is holding up very well You know, there is so much fear, uncertainty, and doubt in the Bitcoin market right now. However, this is your chance to get Bitcoin for under 80k, for an asset that will likely be worth well over 100k in the future. For me, it's like 2023, when Bitcoin couldn't break the 30k mark, and we stayed below that level for quite some time.
Now we see the same opportunity when Bitcoin is worth less than 80 thousand. Not to mention that we remain above the 50- week moving average and hope to bounce off it. This is typical of bull markets. Even if we stay a little lower, this is just a great buying opportunity. Guys, click like, support the channel. This is not financial advice, just information and opinion. Let me share a few more reasons why you should be optimistic. Let's start with this. First of all, let's find out why the crypto is sinking so much. This is indeed because the regular stock market and AI stocks have experienced significant declines, and many people are asking: is the market turning around?
Is this the beginning of something bigger? So in the short term, it's a risk-averse environment. This is the only reason why Bitcoin and crypto have fallen so much. This has nothing to do with their fundamentals. However, let's turn to an expert. Are people too pessimistic? JPMorgan Asset Management equity portfolio manager Jack Caffey says such a correction after the midterm is perfectly normal. We should see one or two corrections per year. It's a subtle remark, but the point is that it's completely normal. This is what investors need to know.
Let me ask you this. Liberation Day, scary. But it seems that two months later the market was at new highs. Uh, the war in Iran is scary. Oil prices are rising, reaching new highs in two months Is this different or the same? Um, I think overall it's probably going to be more of the same, not definitive. Well, that's what it would be worth. I understand. I can say this with a smile. That's the most ridiculous thing I've heard all day Well, the day has just begun, so let me try to break it down for you. Um, realistically speaking, we just had a big election. We have received some reactions to these landmark
elections. At first I think they were a little more positive than people expected, and then, realizing what kind of policy changes we might see, we became a little more pessimistic, at least yesterday But, I. A little. If we look not just at yesterday , but at the last 6 weeks, we see a shift from market leaders who were relatively concentrated to increasingly broader market coverage. What made yesterday more difficult was that we saw a sell-off of over 400 stocks in the S&P, instead of selling 100 and buying 400. But, since we say we are in a Nasdaq correction, we should see one or two corrections a year. So in that respect, it's more normal than the other way around. And now that we've had the midterm elections
, we know the results of the Senate and the House of Representatives, we know that the president is Republican, the House of Representatives is Democratic, the Senate is Democratic. We know that the period after midterm elections is usually "bullish," but what most people don't know is that there is no better election outcome for the markets than the one we just had. This is the result: seven cases, the best. A Republican president and a Democratic victory led to the best market returns of any midterm election scenario in the last 100 years. Again, there is fundamentally no reason why Bitcoin and cryptocurrencies should fall so much.
It is clear that countries around the world are integrating and accepting them. In particular, the largest capital market in the world integrates and accepts them. This is Nasdaq tweeting about how proud they are to have a crypto company ringing their bell today. So many don't believe this is a realistic likely scenario in 2027. And yet, this could very well be the bullish catalyst that will push the market to higher levels next year. At least that's what the vice president of US policy at Coinbase says. And she says this: The Crypto Clarity Act could still be passed by the new Congress.
Every year, more pro-crypto Democrats enter Congress than ever before. And we understand why this happens, right? In the beginning, there were only bank lobbyists. And many banks weren't concerned about cryptocurrency, so Congress was against it . Well, now banks are getting more and more involved in the cryptosphere. In addition, cryptocurrencies have their own lobbying groups. So at some point, and it seems to be happening now, Republicans or Democrats-it doesn't matter anymore. Cryptocurrency is simply better technology. So, you know, again, it's a nuanced scenario. But this could be the bullish catalyst that the market has n't yet factored in.
Good. So the Transparency Act could be a model for some of this. The transparency law was not adopted. He didn't pass in September. Democrats were mostly against him. Now they control Congress. Does this make you more pessimistic about the possibility of pro-cryptocurrency legislation and regulation being passed in Washington? Legislation is very difficult, as we've seen, and I think bipartisan legislation is even more difficult. We were very close in September, very close, almost at the finish line. And several provisions prevented this from reaching the finish line. Will it get
easier in the new Congress? No. You still need 60 votes to get through the Senate finish line, and that's going to be tough even with 54, 55, 56 Democratic votes. So, we will have to work in a bipartisan way to advance the legislation. In a year, two, three, four years, we have seen cryptocurrency become part of the financial infrastructure. This is not a niche issue, this is not something that is secondary to Congress, this is part of what shapes everyone's daily financial life. Are you preparing for a crackdown on cryptocurrencies from Democrats?
Well, that's very interesting. We have a very strong bipartisan foundation in Congress. More pro-cryptocurrency Democrats are entering Congress than we have ever seen before. And when I say " support cryptocurrency," I want to be precise. "Supporting cryptocurrency" means they want clear rules for their voters. These are millions of Americans who have already used cryptocurrency. They bought it, sold it, they took out loans for it. And so these Democrats who are coming in see that, and they want to do.This whole election was about affordability. Cryptocurrency fits right into this issue of accessibility.
It makes everything faster, better, cheaper. Democrats see this, and that's why we have a bipartisan foundation. Whether there will be investigations depends on the incoming committee chairs, on the leadership, but I think we have a very strong reputation among both Democrats and Republicans, and we will continue that in the new Congress. And the passage of the Crypto Transparency Act within a year or less is exactly what Kevin O'Leary predicts. This is his second most important prediction for the coming year. The first is that the trade war with Canada will end. The third is that the war in the Middle East will end. I'll just show you number two. The Clarity Act will be passed for this reason.
Number two, the Digital Assets, Blockchain, and Bitcoin Clarity Act, will also be passed in 2027. Why? Also due to economic necessity. Tokenization is a good idea for optimizing the financial services system. This is much better than what we have now. Some money transfer methods appeared back in the 60s and have not been updated yet. When we move to blockchain, it will solve many problems. It's an old Wall Street story, my friends. They tell you your Bitcoin is worthless in order to buy it cheap, but once their orders are filled, it suddenly becomes a necessary part of every investment portfolio Attention all crypto traders, this is your
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daily, and just by making trades or using this exchange daily, you will start accumulating points. If you haven't traded on BitBay yet, I would take advantage of it as soon as possible. Earn an extra 14,550. At 7:00 PM EST today it starts. So, probably by the time you're watching this video. I'll leave the link below. My name is Aaron. This is Altcoin Daily. Subscribe to our channel. Join our team. We publish one video every day to keep you updated. See you tomorrow, friends.
