Downtown Josh Brown

That tells you they're not handling their goods inflation very well.

Well, that's a whole other layer.

So, oh, you have a mystery chart for me?

I do.

Put it up.

Look at this piece of shit.

What is it?

Bitcoin.

Because of my enthusiasm for presenting it to you?

I own this and I still want it to go to zero.

I actually think we could be seeing a false breakdown here and we might get a rip higher because I haven't seen people this despondent over Bitcoin since the last time it was in a 50% drawdown.

Chart back on.

This is the SpaceX IPO.

Talk me out of it.

I can't prove you wrong.

I'm probably wrong because gold also looks pretty bad and silver.

And a lot of the things that people were into all at the same time are all seem to be like losing favor.

And I wish I could tell you there was like some fundamental thing that I knew about.

but Bitcoin in a 50% drawdown with the NASDAQ at all times.

Remember people used to say, oh, it's just one trade and Bitcoin is tech and Bitcoin trades with software.