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Hello this is Matt on the moon Lambo Channel my fellow xrp YouTuber the Bearable bull says and I quote xrp feels Close to erupting and the stage is being Set end quote and there's actually some Additional contents which I'll show you At the early part of the video but I Just got to tell you that doesn't it Feel that way the barable bow is Obviously not the only one that is Thinking this we are closer than ever Before to xrp finally hitting a new Alltime high it's been almost six years Since the previous alltime High putting Up with all the nonsense from the SEC For over two and a half period xrp Finally has legal Clarity uh we see Adoption Rising certainly for xrp but Also thankfully crypto at large with Bitcoin leading the way because it's the Largest in terms of market cap you got Black Rock coming in and I want to talk About that too by the way because Black Rock there's a lot of news especially Yesterday and I covered a lot of that And um one of the concepts that came up Today during conversation on social Media Was this idea that you know I think we Mostly agree like there's going to be a Spot Bitcoin ETF it's kind of just a Question of when I think pretty much Everybody's thinking that right but what Happens after that what's Black Rock
Going to do next because they're not Just saying they're not just talking About Bitcoin they're talking about Crypto in general could there be even if Not an xrp specific ETF at this point in Time what about a crypto ETF with a Bunch of different coins um there's also So this article from the Crypt basic xrp Maintains path to $585 as analysts predicts 1,4% upsurge to Ultimate FIB Target so I'll share with you who they're talking About there it's a chart analyst who has Become quite popular especially in Recent times uh and then there's also This article from the daily hodle uh Majority of altcoins will never see new All-time highs again amid serious Declines so let's talk about that too That'll be the last thing I cover in This video but I'll just tell you here At the outset I'm not concerned about Whether or not xrp is going to hit an All-time high maybe maybe this maybe the Thought here is right and most coins Never do that actually could be correct And I'll I'll share with you my thoughts On this but uh xrp no not worried in the Least but uh 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 or
Right I'm just an Enthusiast to enjoys Making YouTube videos about crypto Related topics but just as a hobby and Just for fun all right so here's the Post from the bearable and I think he That like his sentiment it's spoton it Resonates with everybody I think for a Good reason is there anybody listening That doesn't share this General thought This General Sentiment I it's just to me it seems Like an Inevitability because crypto can't stay In this range exactly where it is Forever it's clearly not going to zero Bit bitcoin's going to lead the way and Good for everybody that holds Bitcoin I Hold Bitcoin I'm sure a lot of you do Too I'm just not that excited about it But then altcoins follow and xrp Following Bitcoin since there's less Money is going to have a crazy Multiplier effect and that is when we Finally get to see faces melt I can't Wait to see that but here's what the Varable bull wrote It's on your screen Right here xrp feels close to erupting And the stage is being set world war is Likely and Larry Fink tells us that war Times are bullish for crypto Ripple IPO Feels close X RP and Roblox is massive Things feel so bullish for xrp something Will give soon uh spot on with only one Minor correction which is not the beable
Bull's fault but um that that comment Where he said he was he was citing the News about Roblox if you're not aware of What that is I'm not getting into in This video but I did cover it in my very Last video actually but there was fake News about U xrp uh being possible to be Used in the video game Roblox um and and That was uh that was because like there Was an actual source that put out false Information so I don't blame anybody That retweeted that or re it's called Reposting now whatever I don't blame any Crypto media Outlets actually uh for Covering it because there's just a Source that had false information and Then people covered what the source said And and so it's it's not like it's just Madeup news it's just it was incorrect It was false so blame the source but I Don't want to go into it any further Than that but either way the the point Is the sentiment is correct and it's an Inevitability as far as I see it virtual Anyway that eventually xrp will finally Hit a new alltime high damn it and it's Been long enough but I think it would Have if not for the secc obviously and So let's put things in perspective here Because it's been fantastic uh seeing You know traditional Finance jump in Finally and of course they're late to The party and it's not terribly Surprising because it was never a
Guarantee at the you at the Inception of Crypto that it was actually still going To be here 14 years later but it is and It's much more massive compared to then Uh but you know with it being a question Is this some sort of magic internet Money that's a fad and then it goes away Or is it going to stay well now it's Abundantly clear it's not going away and Now that it's a certainty now you have All the major firms uh Finance firms the World over jumping in what but it's the Cool part about this we got to be here First before almost all of the firms on The entire damn planet and so uh this Was part of the news for yesterday just To set the table here this is an article Titled um Black Rock CEO Larry Fink says Bitcoin and crypto will play a role an Investors flight to Quality and so Here's a quote from Larry Fink the CEO Of Black Rock the world's largest Investment firm on the entire planet With about $10 trillion in assets under Management he said quote I think it's Just an example of the pent up interest In crypto we are hearing from clients Around the world about the need for Crypto I think some of this rally is Way Beyond the rumor I think the rally on Monday is about a flight to Quality with All the issues around the Israeli War Now global terrorism and I think there Are more people running into a flight to
Quality whether that is in treasuries Gold or crypto depending on how you Think about it and I believe crypto will Play that type of role as a flight to Quality end quote and so look folks it's An inevitability and then he's going to Put once this gets approved you know Every he's going to put his team to work To sell this product to everyone Under The Sun and this is a product that uh I Don't know about you but I hold Bitcoin So that's great but it's going to get More people into crypto in general he's Selling the product that we hold first That is absolutely incredible and and There will be additional spot Bitcoin ETFs approved from other firms also and They're all going to be paying their Staff all these investment vies are Going to be pushing all of this stuff Out to their Clients it's going to go ballistic Ultimately and um despite this though You Know these freaking Bitcoin Maxis man Despite this being the case despite the Fact that Larry is explicitly talking About crypto in specific comments and I Just share with you a direct quote there He's talking about crypto when he says Crypto on National Television the Bitcoin Maxim M want to pretend that He's actually just talking about Bitcoin Not broadly crypto just it's just
Bitcoin that's not when he says crypto He means crypto and so there's this Video clip in the I'm not going to play It but there's this video clip it dates Back to to just like 5 days ago I Believe it was October 13th on CNBC and Larry Frink was talking about crypto and Then you have this uh Bitcoin archive Account on X with 1.2 million followers Uh sharing this video clip where he's T Larry Fink CEO black rock is talking About crypto and Bitcoin archive says Quote when Black Rock CEO says crypto he Really means Bitcoin and so I see that I'm just freaking rolling my eyes and So I responded to him and I just wrote no He means crypto like he said and folks He does literally mean crypto and so to Drive the point home further there was a Post from altcoin daily because you Might be wondering I maybe maybe we're Getting ahead to ourselves a little bit Not too much though because as far as I'm concerned that spot Bitcoin ETF is Coming so I don't feel bad about this at All but uh the altcoin daily account on X with 1.4 million followers wrote Larry Fink will obviously want to launch a Crypto ETF of some kind after Black Rock Spot Bitcoin ETF few understand this and So folks they're starting with Bitcoin But that's not surprising that's that's The uh you know if it were a brand like That's the one that's the brand that's
Most well Known out of all the crypto currencies Bitcoin is the one that is the household Name at this point it's not surprising At all that they're starting with that But of course they recognize there Opportunity in crypto in general he's Not only talking about Bitcoin and he Literally is using the word crypto and Cryptocurrencies so duh so once once This Happens uh just don't be surprised if After this you see an ETF product that Includes multiple coins don't be Surprised in the least and there's Certainly a possibility that XP could be Part of that it's one of it's it's it's A large cap coin xrp is one of three Coins in existence out of over 20,000 Coins that has always been in the top 10 Cryptos by market cap for its entire Existence that is a rare Club of three That's Astonishing so yes xrp is going to Absolutely continue to be noticed by the Big boys now Attorney John Deon reposted This and said first ones to comment on This after establishing a Bitcoin spot ETF I think Black Rock will absolutely Do a separate digital asset ETF yep and I share I share that same Sentiment I think that's spot on so then The question is what coins are going to Be
Included well hopefully xrp we'll see What the process is for this but I just I I I have the suspicion that once the Floodgates are open you have the first Cryptocurrency ETF get approved by the SEC which will be Bitcoin it's going to Be that much easier to get ETFs for Other coins approved that's my strong Suspicion Here um and then there is this headline From the Crypt basic xrp maintains path To $585 as analyst predicts 1, 194% up Surge to Ultimate FIB Target now folks You know me um I try to not read Technical analys Not that I don't ever delve into it a Little bit just to cover what analysts Are doing because I'm not a chart Analyst but I try not to and so here's The same thing if you want to pause and Read the the the full Outlook from this Particular analyst go ahead and do it um I'm just put on the screen so you have The option if you want to I'm just Mentioning this for just a simple reason Of just um you know basically for Posterity right so uh this perspective Came from a dark Defender who has 94,000 900 followers been growing in followers Quite substantially quite quickly and so Good on him that's that's fantastic I Regular shares his perspective in terms Of what uh xrp is going to do
Price-wise and he's expecting to now to Be fair like if we're an xrp we all Assume like what's most probable is that Xrp will hit a new alltime high and Ultimately go running but um he's adding Specifics to this which takes guts Frankly so I just thought I'd highlight This because it'll be interesting to see Um who is most accurate once we have the Benefit of hindsight after the next Market cycle happens so if you're Talking about $585 um and Beyond as is outlined here In this particular technical analysis That that's fantastic so basically just Want to pointed out so that it's on Record and and just to say We'll track The accuracy over time from I mean I do That with all sorts of chart analyst is And not unique of course um just want to Track accuracy and see what happens over Time but um you know for the rest of us Who are not chart analyst still like I Don't think you you even have to be a Chart analyst to understand the Potential by holding xrp right there's There's almost no money in it there's Actual utility um and even if you're not Worried about even if you you don't care About that as much just the fact that Xrp is a large cap coin and moves in Tanon with Bitcoin if you think the Asset class is going to get bigger There's that as a reason
Too and then there's this from the daily Hdle Benjamin Cowen warns majority of Altcoins will never see new all-time Highs again amid serious declines all Right so folks I jumped into crypto late 2017 as most of you know by now and I Remember throughout the bare Market of 2018 as we were approaching the bottom Of the market which happened at the end Of 2018 for Bitcoin Anyway all sorts of people are saying Good this is what we needed we need to Flush out the system get rid of all These coins that don't deserve to be Here they shouldn't be here they don't Do anything good that we're flushing out The system folks that was 5 years ago When people were saying that and at the Same time people were saying that I was Publicly stating why and I remember Saying this even in 2019 on my YouTube Channel cuz the the conversation on this Continued and I was saying okay A lot of People are making this point this is a Flushing out of the system and Everything's going to zero I'm like what Makes you think it's going to zero Because what I saw was a lot of coins Down over 90% or over 95% down or or About 99% down depending on what coins You're talking about but not going to Zero not dying so I just thought to Myself they're following Bitcoin Directionally what makes you think that
They're going to cease to exist just Because uh Bitcoin uh you know the Bitcoin bubble inflated and popped and Everything went down what makes you Think that they all cease to exist Because I I and I said at the time Publicly I'm not convinced of that Where's where's the evidence of this and What did we end up seeing we saw that Broadly speaking they didn't die in fact We saw way way way more coins be created At the time that I was in crypto in late 2017 I can't remember exactly how many Coins there were but there might have Been a little less than 2,000 and now we Have over 20,000 over half a decade Later so we have more coins you know They're not only are they not going to We have more of them Right um and and so then there's a Different question though okay so if They're still here that's one thing Because I still buy into the idea that They they've got to ultimately go to Zero at some point right it's just that We're in this immature Market still I Know it's 14 years old but it seems like It it's as far as I'm concerned it's Basically in its nency because if you're Having this type of behavior people Don't know what in the ever loving hell They're doing with their own damn money Right so given that's the case Though and they're not going to zero
Right now anyway and and we've been Through a whole another Market cycle Seen the bottom of the bare market last November still things didn't go to zero They're still here a reasonable question To ask is okay so they're not going to Zero at least not at least not now Doesn't mean that they I still think They will actually at some point go to Zero they're not right now though but Will they hit a new all-time High uh I think the answer is and I Think this is the reason I wanted to Cover this because this is a a very Well-known individual uh Benjamin Cowen He's he's a chart guy 787 th000 Subscribers on YouTube so pretty darn Welln and I I think his perspective Pretty well says it even though we don't Exactly how this is going to pan Out it's just I think there will be to Steal a phrase from Larry fink a flight To Quality and so ultimately if you're Talking in a mature asset class it's Coins like xrp that actually do Something that have utility that will Persist the rest of the coins they're Going to go the way of the dodo my Favorite extinct Aven creature and again I do think that's going to be just about All of them I don't know exactly what The percentage will be but probably well Over 99% of them that would be my guess And and to be clear when I say this I'm
Not talking about tokenized assets like Stocks I'm talking about individual Blockchains or I mean it doesn't even Have to be blockchain like for instance H bar uses hash graph which isn't Blockchain technology but you get what I'm saying just cryptocurrencies at Large right um but here's what Benjamin C had to say because even though the Entire asset class is moving in tandem Directionally so there is that Correlation it doesn't mean that they're All going to hit an alltime high but With xrp I'm not the least bit concerned I mean it's there's a reason it's always Been the top 10 cryptos my market cap Like as far as I'm concerned it's it's Just an virtual inevitability at this Point unless I'm wrong and it goes to Zero which is possible I could be wrong And XP goes to zero but I just don't Think that's the most probable outcome But here's a quote from Benjamin Colum I think that as a whole the Altcoin market will recover the issue is Not Will the altcoin Market recover uh In my mind it's will the all coins that People are dollar cost averaging will Those Recover and there might be one out of 10 Or one out of 50 or one out of 100 that Go on to put in new all-time Highs but But a lot of them can just go away end Quote okay so that's the sentiment that
I think makes sense and so if you look Back to to the the last Market cycle you Know we got of the bare Market you know I remember I remember being there in 2018 and 2019 down in the doldrums Everybody thought a it's never going to Get better every what if Bitcoin goes Zer all this crap it's just going to go Down further further but then we know we Eventually hit Euphoria again shortly After that 2020 was better and then in 2021 what a year right what a time to be In crypto right but it's the case that Even though those coins didn't go to Zero broadly speaking almost none of Them Did not so many of them actually put in New all-time highs now for xrp that's The only large cap coin that didn't hit A new alltime high but there's a good Reason the SEC was attacking it Otherwise I firmly believe that it would Have but there are plenty of coins that Didn't and now as the asset class is Even even if just a little bit it is More mature uh we're talking about a Whole another Market cycle here I would Think even fewer altcoins that don't do Anything even fewer of them are going to Hit a new alltime high so they'll Directionally do the same thing that the Asset class is doing so they'll probably My guess is they'd still go up to some Degree but it doesn't mean they're going
To go on crazy runs so it won't be like 2017 ever again probably uh cuz 2017 was Just ballistic everything hit a new Alltime high it was impossible to not Pick a winner You could just buy anything if you Bought something at the beginning of 2017 at some point that year it was Going to be worth a fortune or maybe Early 2018 but it was going to be worth An absolute fortune and then a crater Back down to almost nothing but I'm just Saying there was a time and I was there For it uh you couldn't pick something That was like in fact if you could pick Something that wasn't going to win like You had some sort of special talent Probably because everything was going Right so uh we don't have to worry about Xrp I don't believe but um you know I Think I think that it's just the case That some people that have money Invested in these things it's like They're it's so small they're not very Liquid and people just don't want to let Go and that's why I think for a lot of People here it's just for a lot of these Coins rather it's going to take a long Time for them to actually go to zero and For the technology to be taken off of The internet basically now I still think We probably get there because you don't Need over 20,000 and people will over Time just continue to have they're just
Going to lose whatever conviction they Have and they and for good reason in These cases and they're just going going To try and sell it'll drive the price Down further and then you know lights Off Basically but uh that that's why for me My whole investment thesis is that Utility matters and what win the day and That's why I've been thrilled to be in Xrp Specifically because that way uh you Know I don't have to worry about the Day-to-day josell of the market if my Thesis is correct and utility matters And will'll ultimately win the day they Just holding xrp however long it takes Since I don't know how long it will take It just happens I wake up one day and Bam and um you know I still think I'm Not going to have to wait for the Utility run to be frank with you I still Think that since the entire AET class Moves in D that's just proof that it's Still the as class still in its nency And so I just have to wait for a bigger Pie and xrp is part of that So it's not that like a lot of people Try to over complicate things I just I Think it's more simple than that I Really do you guys tell me what you Think though I'm not a financial adviser You should not buy your sell anything Because of anything I say or right that
Would be a very very very bad idea until Next time to the Moon Lambo
