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Gather on the fire children it's Story Time with Uncle Moon Lambo I'm assuming That there are some people freaking out Today there's blood in the streets look At the charts my friends the market has Been on fire for basically the last what Say 13 to 14 hours by the way the time I'm recording this in case anyone's Curious it is 2:04 a.m. Central Time Saturday uh April 13 2024 so yeah about the last uh you know 13 14 hours Market's been a little bit On fire xrp dropping as low as 52 cents Bitcoin got as low as $65,900 Ists saying um you know what we're Seeing in the charts right here looks Like we're going to have a massive drop We're going to have a massive drop uh Before we resume the bull rally to the Upside ultimately breaking new all-time Highs alt season the whole nine yards And so I mentioned yesterday there's There's no guarantee for sure like we Don't know for sure what's going to Happen and even if the drop was going to Occur which some of the most reputable Analysts out there believed was highly Probable um of course I didn't know that So to be clear I was persuaded by their Arguments because when you see that many Reputable analysts saying more or less The same thing it's persuasive it is if They're independently coming to the the Very similar conclusions I find I always
Find that compelling same thing when a Bunch of analysts all at the same time Roughly uh say yeah xrp is about to Rocket which doesn't happen frequently When it when it does though I pay Attention because usually something Happens uh so same concept here I'm Seeing reputable analysts saying guys Watch out this Shaky Ground here could Be moving to the downside uh I just I Didn't know it was literally going to be The same day that I posted that video it Was like 12 hours after I recorded the Thing um yeah we started to hit it so I'm going to share with you what a few Of those analysts that I highlighted in That video have to say now that the drop Has actually happened uh but if Anybody's afraid out there just to be Just to be clear there's a reason that I Called all y'all children around the the Campfire to tell some stories here Because there's no reason to actually be Fearful about this and I mentioned that In the video that I recorded I said in Fact depending on how steep this drop Goes if we get it I said I actually Might be enticed to buy more now to this Point I haven't although that's Primarily because or largely anyway Because I've been busy I've been busy Throughout the entirety of the day while The drops were happening I was aware That something was going on I was like
Yeah whatever deal with that later Because I don't get em emotionally Harmed when this stuff happens I've been In crypto since late 2017 think about All the volatility that's happened since Then and I've never cashed out out to USD this wouldn't be the moment where I'd start you know definitely not you Know lower prices are not going to Entice me to sell quite the opposite Here um but I did say you know if it Goes low enough I might buy and so I'm Going to look into that I don't know if There are any alts where I'd be Interested possibly it's just here's the Thing and I've mentioned this a number Of times recently it's just my bags have Been packed for so long do I really need Anymore I mean you know I keep making New money so it's got to go somewhere so Maybe I will buy um so xrp's down 10% Over the last 24 hours but I will note Too there are a lot of coins that are Down substantially worse than that so It's certainly not just xrp so yeah xrp Took it in the shorts today but what Didn't you know there there's I I mean Here tether tether's up 0.41% so we we Can be thrilled about that that's pretty Cool but as I scroll down the top 50 Coins it's just a c of red so this isn't Something that's um specific to xrp Obviously hopefully most of you aware That and if you got a broad portfolio
You're probably aware of that you Probably noticed that today but no this This is not some sort of indication I Certainly don't believe that the markets You know the bull runs over anything Like that no no no uh in fact Bitcoin Dominance increasing at a time like that It's just you Know when when the bull Market's over What you know are reaching the end you Know what you normally see you see a Decline in Bitcoin dominance and just The opposite happening right now so you Know consider that uh crypto Fe in green Index at 72 out of 100 indicating the Market participants are still feeling Greedy well not in extreme greed anymore Although that'll bounce back I certainly Suspect uh so here's a post from April 11th and uh and I highlighted this the Video that I recorded about 24 hours ago And this is part of the he's in credible Crypto on your screen here this post This is one of the warnings and he's Just got such an incredible hit rate He's like oh well he see probably Probably going to get a pretty Substantial drop uh I and I think that And since him others said I was like Well probably going to get one then and So that's why I put again that's why I Put out the video so that if that Happened which it did today okay we Didn't know for sure it was going to be
Today if it was going to happen but so That you wouldn't be scared you don't Have to worry about it it's not some It's it's a known Factor uh based on What's happening in the charts um bull Market's not over it it just isn't there There's too many metrics you could look At not just in terms of chart analysis That would indicate that this is not the Behavior that you hell we didn't even Have a crazy number of retail people Jumping yet and usually that doesn't Happen until uh you know Bitcoin breaks Above its all-time high with conviction So yeah it's it's had a few all-time Highs recently but then it quickly Ducks Back below once it breaks above with Conviction that that's when you're going To see people Swarming so credible crypto before this Market drop happened he he was warning About it and he said next big move will Be brutal in my opinion but you get past That and you'll get to enjoy up only the Likes of which you haven't seen in over 3 years I have my plan ready now I just Need to execute when the time is right Okay so then he reposted that after the Drop happened this is at 1:49 p.m. in The afternoon so a little over 12 hours Ago and he said your goal right now is To simply survive I'll tell you oh I'm Surviving by doing absolutely nothing I'm just holding what I have and I'll
Take after you know after I get done Some stuff that I need to do um I'm Probably going to take look at some Coins but you know I was really if I was Going to buy I was more so thinking you Know the situation that might Sufficiently entice me given that I Don't need more crypto is if Bitcoin Actually dropped into the 50s something Thousands because I like the degree to Which alts would be destroyed would be Like it would be much worse than what We're seeing right now and then I'd Probably like almost certainly be Enticed but now I guess yeah I'll go Through and see if there's you know a Couple positions I want to pick up it Just be you know you know icing on the Cake though it's not nothing that Exciting but still for those that that Wish they had bigger bags I mean this is This is obviously a gift this is an Opportunity that's the way that I see it Anyway uh here's a post from the Blockchain backer also yesterday April 11th he's another one of the analysts I Highlighted about 24 hours ago warning That uh hey what's most probable here is A dip he shared uh the couple charts That's on your screen right here and he Wrote The Following Market seems like it Wants to kill sentiment for a month First reduce volatility and cold turkey Withdraw the dop doine from memes then
Capitulate a chance to spend the next Few weeks researching where the trends Are happening at for if the opportunity Comes and it looks like he's viewing What we're seeing over the last you know 133 14 hours as the opportunity because He reposted that um about 11 hours ago 3:21 p.m. and he wrote well that was Fast with a little laughy emoji and so That was fast I mean the timing Sometimes the timing is just like that It just is Um but but that's that's why I just want To reiterate um if you know like this is Not something to be afraid of and so if You're ever feeling fearful I can't tell You what you should do I'm never going To uh advise you financially because That would not be responsible of me and I'm just a dude on the internet anyway But if you are ever feeling fearful About this stuff you can always count on Coming here because I will not be phased By this crap it genuinely like I've been Since think about this since late 2017 I'm just sitting here this is not the One that's going to get me oh sh no I'm Real scar SC no absolutely not Absolutely not I buy during capitulation Events I I buy I buy I bought uh in the U in the capitulation of the the the Aftermath of the FTX collapse while Everybody's screamed I'm like H this Looks pretty cheap I'm going to buy a
Whole bunch and I did I backed up the Truck it's just what I do prices go low And that happened to be in the era of The the market bottoming and then as Things are getting worse after summer of Last year and Bitcoin was what it was And ALT coins were what they were um I Was purchasing more stuff than doing I Was talking about at the time and and so You Know everything is fine everything is in Order this is this this stuff happens You get pullbacks in Bull markets it'd Be weird if we didn't there's never been A bull market for Bitcoin and crypto Where we haven't had massive pullbacks Along the way multiple ones of them Actually so everybody just chill that's Why that's my recommendation Everything's gonna be fine In fact if the the day you hop on this Channel and I'm freaking out then freak Out because that means the sky probably Actually is falling if I'm freaking Because I'm not the last person that Would be freaking out when the market Experiences what would volatility in Line with what the market has told us Historically we should expect you know I'd be the last one Too uh here's chart analyst blunts he's Another one of the analysts that was Calling for a move here and so this is a Post from April 8th and he wrote max
Pain on bitcoin is take out the highs Make everyone fomo back in and think It's some kind of triangle breakout then Bam fade back into the lower end of the Range again before the real run up and So uh here's what he had to say today in Response to that he wrote and by the way He's noting here uh a lot of people uh Not so agreeable on what he said there Warning that you know there could be a Smack to the downside but we did get it We just got it and so he wrote to Himself there in a reply form in social Media platform X and he said since like 80% of comments on this were telling me Max pain was up only naturally we topped Before even making a new high seawave Down on bitcoin already looks on its way Now after this move today and so he's Noting here people saying no max pain Was up only meaning for the people on The sidelines who thought that it was Going to drop further and they had Capital that they wanted to deploy he Saying that that's what people in the Comments were saying that the price is Just going to keep going up it's not Going to go down um and so he noted that Was as he said there 80% of his comments Um and so naturally with that type of Sentiment rather than moving to the high To a new high we just dropped so and That is some and there was a separate Post that's not on the screen here but
He was saying you know maybe we even get As high as like $76,000 and then we Dropped to $64,000 and so we didn't get that high Which he thought we might get but he was Warning that he's thinking we're Probably going to see a move to the Downside that is that is what we've Gotten and those were three of the Analysts that I highlighted in the video Yesterday but they're all sorts of Analysts I was noting that were warning Hey um just in recent days hey uh just Just a warning we might get a massive Drop and so I took note of that and then I shared it with you because I may not Be I tell you this I may not be a chart Analyst but I am the best chart analyst Analyst I'm very good at analyzing the Chart analysts that are out there doing Their thing that's that's it um here's a Post from uh Mikey bull crypto and he Said altcoin market cap is currently at Level at a level in 2021 where altz Experienced a sell-off to shake off weak Hands followed by an explosive upward Move don't get shaken out and the chart That's on your screen right here which He shared is the crypto total market cap Excluding Bitcoin and eth so you can see Where he circled right and also right h Last cycle this cycle um just say looks Kind of samsy Samy he's expecting a Massive burst to the upside and I agree
With that I don't pretend to know when It's going to happen but yes this bull Cycle absolutely is not over nothing to Be afraid of here um here's a post from Uh from credible crypto talking about uh Bitcoin and he posted this uh March 20th So just setting the table here as a Reminder and then I'll share with you The update uh this is also xrp so um so The chart on your screen actually an xrp Chart but he's talking about um what Would happen to xrp effectively if we Get one more leg down which we just got This just happened within the last 13 to 14 hours and again what I'm about to Read to you he posted on March 20th Warning back then it was a possibility It's just in recent days the chart Became more clear and he had a greater Conviction it was going to happen way Greater conviction in fact and that's What I was sharing with you in the video Yesterday but on March 20th he Recognized hey guys this could happen Just keep it in the back of your mind And uh and it it did unfold and so Here's what he said if Bitcoin gets one More leg down as discussed in my latest Video update we likely see something Like this on xrp and I'll pause to note That he was warning that if Bitcoin goes Down which again it did and the whole Market went down that xrp might go down As low as if you I'm just eyeballing
This it looks like he was calling for a Low for xrp about 52 cents which is Literally what we got today so I don't Know for sure if that's the actual Bottom and he's just a squiggly line Trying to share an idea but that is About what he thought we should expect And you know we've we've gotten that in One day anyway so this is like a rough Idea of what it might look like and now We've seen it actually unfold and then He said would be an excellent Opportunity to add/ start a position at 54 to 55 cents for xrp of course if Looking for additional Exposure and then he reposted that and Uh and then the afternoon at 2:29 p.m. So uh almost 12 hours ago he posted the Following and here let me he shared this Chart also so let me make this full Screen it's another xrp price chart and He said X we ended up taking these lows On xrp which was a distinct possibility I pointed out on my last video update on It unfortunately I went aggressive and Added to my position higher so I didn't Have the flexibility to add on this dip With that being said we want to now see A reclaim claim of the Lost lows and a Higher low which could signal the start Of xrp outperformance of Bitcoin xrp BTC Pairing if it closes strong in two days Is also in the process of potentially Printing a weekly bullish Divergence
Which we will get further confirmation Of at the next weekly close and so as You can see here not only is this Something that he's been you know Thinking could happen for weeks now and Yes he did have stronger conviction in The the last couple days or so uh now That that has happened he has G uh Optimism for what will happen not just With Bitcoin but specifically with xrp In fact xrp outperforming Bitcoin moving Forward and so yes uh you know here's a Xrp BTC chart we hit yet another new low This Market cycle as a result of what's Happened over the last 13 to 14 hours But as I've mentioned in other recent Videos eventually this pair the xrp BTC Pair does find a bottom just because It's been going lower and you know Sentiment goes down the lower goes just Because that happens which happens every Market cycle doesn't mean that it Doesn't stop going down that's an absurd Idea I mean unless you think what is is Bitcoin the chosen one and so now all The money goes into Bitcoin and we don't Have an ALT season because that's what It would take if you think xrp isn't Going to go but if you think we're going To have an ALT season xrp will Participate because it's a Cryptocurrency and the asset class moves In tandem eventually a bottom is found Nobody knows for sure exactly where it's
Going to be maybe this one actually will Be it and we said it the one before that And the one before that because we do Not know but that doesn't matter you Know you could have said that for the Last Market cycle and the market cycle Before that the point is eventually you Do have one and then xrp substantially Outperforms Bitcoin that's just how this Works so anyway if you feeling a little Down down or a little scar scared I hope I could help you there CU I again can't Tell you to buy or sell that is up to You I don't know what's right for you And your individual position and I would Never assume that I know better than you What is right for you but happy to share With you my general Outlook of the Market because like I've just seen too Much of this before like this just I'm Having a great day I'm very excited like My my sentiment has not been moved to The negative the least bit my net worth Went down substantially today I do not Care because I know it doesn't matter it Just literally does not matter I'm Excited for this I I just I'm very eager And looking forward to uh seeing Bitcoin Hit a new all-time high rage even higher Eventually break $100,000 which seems Highly probable at this particular point I would not be surprised to see that and Then seeing ultimately face melting Rallies for altcoins including xrp
That's when the most fun in the Cycle's Going to have and it's coming like it's This calendar year is what I would guess Just for fun and nobody knows for sure But yeah I know some people think that This the cycle is going to go like 12 Months or or longer I just 18 months eh Not not not as confident in that I mean If it happen happens I won't be Complaining because you know H longer Rally sure what the hell I'm going to be Here hanging out it's fine uh but I Think we're probably going to see the True fireworks the grand finale happened A lot sooner than that that would be That would be my Guess 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
