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Hello this is Matt on the moon Lambo Channel crypto Market still looking Pretty good as we mostly just Consolidate been moving sideways in Recent days I going to share with you an Update from a number of analysts Including what's going on with Bitcoin What we can expect in the short term and The long term which is the most fun part Of the story frankly also a bit about Altcoins and specifically xrp in fact I Have perspective from a chart analyst Who says that not only is this right now The tail end of accumulation for Xrp but in terms of what you can expect A multiplier effect 55x from this point Which would come out to around $34 so I don't pretend to know what the Price of xrp is going to be at its peak This cycle but I have to acknowledge That that price although far off from Where we are now it's it's within the Realm of possibility especially if you Have Bitcoin rock it off even higher Than most people think that the amount Of money that's going to cycle through The entire space it's it's just going to Make your jaw drop so we'll all find out Together what this ultimately looks like But no matter what the final number ends Up being suffice it to say much higher Than where we are now The Best is Yet Ahead of us but before going further I Do want to be clear I do not have a
Financial background of any kind I am Not offering Financial advice and you Definitely should not buy or sell Anything because of anything I say right I'm just an Enthusiast who enjoys making YouTube videos about crypto related Topics but just as a hobby and just for Fun as I record this latest Moon Lambo Hot Jam uh it is in case somebody's Curious let's see it's 7:16 p.m. Central Time Saturday March 30th 2024 so coming Up towards the end of the month here and Xrp is currently 62.5 cents Bitcoin Right at $7,000 market cap for the asset Class $2.66 trillion and the crypto fear And greed index just updated it's at the Same as yesterday 75 out of 100 so the Market's still in greed but not extreme Greed a more responsible greed if you Will here's a post from chart analyst Ali Martinez um and the reason that I'm Highlighting this I I'll read what he Said in just a second here it's because It's very clear That Bitcoin I might of course crypto markets Moving T but Bitcoin follows the price Action of the stock market I have long Said this you can if you have your human Eyeballs attached right now you can see On your screen what I'm talking about Right here so take a look at this Ali Martinez writes doesn't Bitcoin on the Right look like the NASDAQ on the left
So look at these charts side by side you Can see how Bitcoin has progressed isn't It fny how they look very samsy and it Looks like Bitcoin is just trailing Behind uh in this in this case it's Specifically the the NASDAQ um because Because really Bitcoin I mean so yeah Bitcoin in in the crypto asset class it Follows stocks but more precisely it Trades like a tech stock in the NASDAQ 100 you're talking about a bunch of tech Stocks that's that's the reason that He's showing this comparison so if this Is going to continue to follow and it's Going to continue to get treated more or Less the same number go up folks number Go up and there's lots of data to prove That whether whether you like it or not And I do like it uh they get treated Very Samy and I know the Bitcoin Maximalists don't like this because it Kind of destroys their Narrative of Bitcoin is the hardest money and know All that crap uh you you know this I Don't need to get into the Spiel you Know the the stuff that they say and the Narratives they like to perpetuate even If they're not grounded in fact and Reality you know just saying uh so Anyway The Best is Yet ahead here's a Post from chart analyst Matthew Highland Tomorrow Bitcoin will attempt its Highest weekly SL monthly close ever and First close above the previous Cycle's
All-time high so if this happens and if The price level stays where it is now The answer is yes if this actually Happens my God it's just one more of Many bullish indicators here uh because Eventually I understand it takes a while And historically this is normal once a New all-time highest hit for a cycle It's hard to get a true break away from That we're working on it but once that Happens it's going to just it's going to It's another it'll be another jaw drop Moment Bitcoin will jump up however many Thousands in a single day 3 four 5 6 7,000 whatever ends up being and an Altcoins are going to have a pretty good Day too it'll mostly be a Bitcoin day at Least that's what what's going to you Know that's what people will be talking About that's where the most of the Attention is going to be in the space And that's fine but money ultimately Cycles through uh here's a post from Chart analyst Harry at Heraldo xrp most Famous in the xrp community for having Called the beginning and the end of the Biggest xrp bull run in history so Middle December 2017 to January 4th on The dot 2018 the very tippy top uh Called it and he says this about Bitcoin Looking like a run on $81,000 now with downside capped around $58,000 uh so 81k you know this is in The Wheelhouse realm of what like a lot
Of analysts are saying we should be Looking for and they kind of vary where They think you know what's most Reasonable to suppose is going to happen Once we do get that break to the upside Some think upper 7 000s he's saying Maybe up to $81,000 I've seen some Analysts say $80,000 on the dot either Way a lot of people thinking that this Is what's most probable here's a post From chart analyst jelly who said Bitcoin picture remains unchanged Chopping around above 2021s cycle High Don't get shaken out and have a blessed Weekend and so and I've been mentioning This in recent days I know it gets Boring for some people with the price Moving sideways um I'm still always Super excited no matter what because I'm Just a mega crypto nerd but whatever uh But uh the fact that Bitcoin has been Chopping around up here for a long time And has made a few how many new all-time Highs has it made this year on three Four separate days whatever it is that's Pretty Impressive I mean these levels you know Historically not not uh not maintained For very long and right now it's above It so we'll see what happens here but Given that we haven't seen the greatest Of the Euphoria you should expect in a Crypto cycle just another thing to look At this and say yeah probably the best
Is yet ahead it's reasonable to suppose That here's a post from stock money Lizards Bitchcoin uh it has entered the hot Momentum phase around having it is Usually time to forget about what you Learned about RSI as indicating Overbought or oversold levels it will Stay overbought for a long time and so He shares this chart and you can see What he's talking about if you're Looking at the screen right now I know Not everybody is some of you are driving Maybe you're walking your dog maybe You're at the gym getting your swell on Can't look at the screen you can't be Bothered with that but here's what he's Showing a Bitcoin chart going back to uh Actually the tail into 2012 and you can See the these parts where the the Candles look dark red red and then dark Red those are the phases where typical Indicators would say okay this Market's Overbought but historically as you can See from multiple Market Cycles Bitcoin Runs hot for a long time it is oversold For a long time there is Extreme Greed For very long periods of time the moment That you see these indicators although In some more traditional markets you Might think oh there's a good chance That this is pretty much the top in Bitcoin historically that's just not the Case and he's noting here that we are
Just now starting that phase so the Mania the best most funnest part of all Of this the crazy Mania where every's Gonna be like take my money you know Give me dog with coin or whatever the Hell dog dog dog dog with hat animal on Coin you know just anything anything Stupid as hell take my money well that That's that's the part that's the part Right there that we're just starting to To to to fall into here and it can stay Like that for a long time so most of the Rest of this year is probably on the Whole going to be a blasty blast that Would be my Guess uh here's a post from chart Analyst Mikey bull crypto on altcoins Post having is always a period of huge Upper momentum for alt season the Projected cap using different metrics Arrived at $3 trillion indicating we are Still in the Genesis phase of this bull Run and so this is another way of Looking at from a completely different Separate completely separate analyst and In this case yeah we're looking at alts Um it's the entire crypto market cap Minus Bitcoin and eth but um it's just Another way of looking at the market and Saying okay where are we uh early early Enough you know we are certainly out of The traditional accumulation range in The blue right here we're out of that But the craziest blowoff top way to the
Upside so when he did the snapshot looks Like The uh the total three chart here which Again is just it's just all it's the Entire crypto asset class except for Bitcoin and E 766 billion market cap for That chart for total three he's Projecting over $3 trillion now mind you That doesn't mean we're only going to Get you know a little over a three-fold Increase that just means that that's What it would be at the peak but there's A lot of money that will cycle because Only a few coins are going to be popping Off at a time so it'll be money cycl so Even at the peak of that that the next Day even when you're to the downside Some is still going to be flowing into Other coins so the biggest of the Mania It's like this doesn't mean you only get A four-fold increase for any coin that's Not what they're saying here in fact That would be ridiculously conservative For most coins uh now for Bitcoin that Would be wildly bullish from this point You know talking about $70,000 Bitcoin Or fourfold increase would be insane uh I'm not convinced that's going to happen This Market cycle maybe it will I I Don't think that's probable I really Don't happy to be wrong but uh because Then that much more money was going to Flow through everything else but uh Again just another way to look at it and
Recognize yeah The Best is Yet ahead um Here's another post this one's from Stock money Lizards um showing the total three Market cap so just like it's the same Chart as in the last uh last post it Says currently retesting a crucial Support level these kinds of retests Have a high probability of breaking out Probably after Easter break due to Volume and reduced trading activity so Folks we're just just about there uh Pretty much every analyst that I follow Says something along those lines if They're willing to say anything at all About time the chart indicates not long So uh I understand you know for much of The last week or so it's been a little Bit more boring in terms of price action We've been spoiled recently but it's Going to get hot again it's definitely Going to get hot again just just stick With me we we going to get there here's A post about xrp from chart analyst to JD um and he writes here xrp monthly Close tomorrow structure still intact This is just a very brief update sharing His General sentiment nothing too in Depth here but yes firmly believes Mega Move to the upside alltime High face M Yes he's on board for all of that here's A post from chart analyst e egreg crypto Xrp noise until xrp closes above FIB Five which is 75 cents on the weekly
Time frame the market is likely in an Accumulation phase and everything is Else is noise next critical Zone FIB 618 Which is 94 FIB 702 which is $110 until then keep on Stacking and so he he believes and Pretty reasonable to suppose this is Indeed the case cuz xrp hasn't really Had some sort of tremendous breakout yet And it does historically lag behind he's Saying this is pretty much the tail end Of accumulation that's pretty much the Idea that he's getting at so far as I Can tell right now in terms of where This is ultimately going to go much much Higher much much much much much much Higher so here's what EG crypto has to Say this is an xrp price chart and he Has some expectations about where it's Going he has a a blue line trending to The upside along with the blue blue line And uh here's what he writes xrp Blue Highway bhw so that's the blue part here And then he has what he calls the yellow Highway and you can see it's clever Because you know you got the little dot You can imagine little cars driving on This to the upside just driving up uh to The Moon hopefully they got Rockets Because eventually run out of road from The the planet but uh you know you can See where he's going with that he says Accumulation has shifted from yellow Highway to Blue Highway signaling strong
Strong upward momentum on the macro Level last cycle eth saw gains of 58x so 15x 27x or even 55x is within reach for Xrp xrp Army stay steady yeah so um I Don't make price prediction but I will Say this um if if you do think about What eth has done and especially with How surpressed Xrps it makes it that much more Plausible that you could hit some of These higher xrp targets now I don't pretend to know what's going to Happen and I'm never so bold as to make A price prediction but I'll just tell You if something seems way out of Way Beyond Reason or within reason to me Just subjectively and we we're all Entitled to our own opinions this don't Sound crazy to me you know of course the Higher you get in price the less Confident I'd be as logic would dictate That it's actually going to happen but Uh so you know the closer you are to Like 10 15 bucks I'm like okay you know That's that sounds pretty reasonably Conservative you start getting a 2025 I'm like I could maybe see that might Happen it's a little stretched out there And then you start getting up in the 55x That' be about 34 bucks I'm like well a Little harder but I admit not possible So you can see with every little bit Higher I'm just less confident which Again logic would dictate here but I got
To acknowledge it's not crazy it's Possible if you have some crazy like say Way more money flows into crypto than Than others are PL many are planning Absolutely possible and in fact the way That this Market's been behaving this Year has caught most analysts off guard I mean even if they were bullish the Degree to which it's been moving this Year has caught many offu so you never Know for sure so generally in crypto I Try to say never say never unless There's something that I find completely Preposterous which fine I encounter at Times but this is possible this this This certainly Could Happen uh we're Also watching the xrp BTC chart at the Time that I'm recording now looks pretty Good so you can see here March 11th that Was a low on the xrp BTC chart for now Hopefully that was the actual low for The market cycle I'd prefer that because We have been making higher lows since Then let's hope that that continues to Happen because when you do finally hit That bottom that is the moment where xrp Rockets and the fact that xrp from that Moment had such a notable move um it Looks similar to what we've seen in the Past now it wasn't the crazy Breakaway In terms of United States dollars but Let's just see how it unfolds and maybe It does fall down but I'm just telling You that this is a level that pretty
Much every analyst that I follow that Talks about xrp is saying watch for this Looks really good uh you know referring On referring to what has happened to the Past this has been the moment that xrp Finally goes so I understand that we've Been saying that for a long time because From day to day you're like you feel Well yeah they've been saying every day I get that but imagine a year from now Zoom out on a chart and then I'll point At that one little part on the chart and You know depending on what time frame You're looking at that could be a little Dot on there and it could span for weeks And so so it feels like that to you Right now and it's like well this is More or less the moment and so you're Like okay I keep hear yeah you do keep Hearing that but then look at a 5-year Chart it just it'll be a tiny little dot Right there that time period and that's How this stuff goes so face mount season Ahead I'm I'm fully optimistic that so We'll find out what happens but uh we'll Get through this last little bit of Consolidation here and it's not going to Stay here forever like there's going to Be some fireworks uh I'm I'm optimistic We're going to be seeing a big move to The upside so let's find out together I'm not a financial adviser you should Not buy yourself anything because of Anything I say or right that would be a
Very very very bad idea until next time To the Moon Lambo
