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Hello this is Matt on the moon Lambo Channel obviously the big news the news That's got everybody excited in crypto Today is that Bitcoin is hanging out Above $50,000 which hasn't been the case in Over two years it's almost never above $50,000 yet here it is it's glorious and It's resulting in many analysts that Have been bearish to maybe start Rethinking uh whether or not it makes Sense to think that this actually is the Top now there are a number of reputable Analysts that that do think that that Bitcoin's about as high as it's going to Go or at least it's possible that could Be the case and they could be right I Certainly recognize that but I'll just Say right now I'm feeling optimistic That might not be the case we're going To find out together but my God this Market is hot and most analysts are Fully expecting a continuation to the Upside and as long as stocks continue to Go that direction I don't see why crypto Would be any different we just got to See if um if stocks can break above Specific levels but um what does this Mean for x xrp uh well I'm going to Share with you perspective from several Analysts in this video uh talking a bit About xrp and just sharing some general Sentiment there is Broad expectation That with this Market goes xrp is
Absolutely going to follow which I've Been saying for year I've been saying The whole time I run this channel Because the asset Cass moves in t but Even for this moment in time if Bitcoin's going to go xrp is going to Have a massive breakout um I also want To share with you um some comments from One of my favorite analysts out there uh Who today uh shared um six altcoins that He believes are going to at a minimum 10x from the current price level where They're at right now there are six of Them um and I actually only own one of Them 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 right I'm just an Enthusiast who enjoys making YouTube videos about crypto related Topics but just as a hobby and just just For fun as I record this video again Bitcoin 50,4 bucks xrp 53.2 um a 24-hour High though it's it Was bumping up against that resistance Level around well many analysts are Saying it's about 54 cents so 53.7 cents Directionally doing what you would hope Um there is expectation that this thing Is going to be breaking out sooner than Later um and I it always feels
Impossible until one day I wake up and It's just going that's just how it is in Crypto that's just how it is and when People are bitching up a storm the most That gets me optimistic because that Happens before crucial moments in crypto That's just how it goes I got the market Cap above $1.9 trillion for this entire Asset class and check a look at this the Crypto fear in greed Index this is the Highest highest it's been in I couldn't Even tell you when uh it's at 79 out of 100 meaning the market is in not just Greed but Extreme greed this is so like Ever since the market bottom we've been Climbing out of that for over a year This is only the second day there has Been extreme greet and so I see some People saying that the Market's in Euphoria right now and I mean I'll Certainly acknowledge reality duh like Uh there's happiness now like some People are feeling kind of greedy and We've been heading upwards for over a Year like that St but is it really Euphoria like euphoric Greed I just I don't it doesn't seem Like it to me I mean this is only the Second day there's even been extreme Greed on the crypto fear and greed index But we're saying like this is a marker Of the top this particular Metric uh I don't really see that I I Mean I'd be surprised but here you can
See here's the the chart over time um I'm not going to spend a bunch of time Trying to figure this out but when was The last time that it was this High Maybe around here so the last time that The uh that the crypto fear and greed Index was this high was it looks like at Some point in November of 2021 and that Would have been I'm sure right around The time that Bitcoin was topping out we Haven't seen this since then it has been So it's been over 2 Years but we haven't we've barely been Up this high and here you can see the Last Market cycle look there are days Here in like 2020 had the extreme gred In like the '90s 93 here for example 94 On December 7th 2020 94 out of 100 we Are nowhere near that so just takeing For what it's worth I just thought I'd Mention it uh here's a post from the Bitcoin archive account on social media Platform ex it's just bitcoin price Chart but uh noting the following fun Fact and this is interesting Bitcoin has Been higher than $50,000 for only 144 Days in its entire existence that's just 2.44% of its lifetime so folks we are in Rare times right now and historically When this type of stuff happens you know I understand there could be a pullback In in Bitcoin even if there is going to Be a new all-time high uh but this is The type of action where you you bump up
Against this finally after all these Years it's it's normal for it to keep Going we'll see if this cycle difference But rare times that we're living in Right now this is legitimately exciting And even if you don't care about Bitcoin You should even if you don't own it Because you care about xrp or a number Of different alts you hold don't you Bitcoin has always lead led the way and It must now as far as I'm concerned so This is exciting this is great to see This uh there's this post from chart Analyst credible crypto and um he posted A 39 minute video and so I I checked This out he just posted it this Afternoon in case anybody's curious time I'm recording this it is 7:29 p.m. Central Time my time zone uh Monday February 12th 2024 and so I checked out this video and I'm not going to regur State a bunch of Ta but there are a few key takeaways I Wanted to share with you including uh Some alts that he say this is the the Anal I was referencing at the outside of The video uh six altcoins that he says Are at a minimum going to 10x from where They're at right now and he thinks for Most of them it's more like we're Probably going to be closer to like 20x And and some could be higher but he's Just saying like in his opinion that's Very realistic first Bitcoin so credible
Crypto says Bitcoin uh will Top This is His expectation the price will Top This Market cycle a little over $100,000 to Upper end $300,000 and see and that depends on how Intense Euphoria gets which is an Unknown so he acknowledged in his videos Like yeah I get it that's a pretty Pretty wide range 00,000 to $300,000 Pretty wide range but that's because There's an unknown that's crucial that Will impact this which is to what degree Is there going to be money flowing in to What degree will the Euphoria get Intense uh but his best guess is that Bitcoin's probably going to top out Closer to about $150,000 this Market Cycle so uh only about a three-fold Increase from here which is why I keep Telling you that the real money is to be Made in altcoins not in Bitcoin for just About everybody the real money will be Made in altcoins at this point and and For a lot of coins even the large cap Coins like xrp if you're talking about a 10x from there like that sounds that Sounds very reasonable to me in fact That sounds super conservative to Me if if look if Bitcoin is going to hit A alltime high and xrp is going to Follow you're only talking about a Little over five bucks for xrp with a Tenfold increase that's that's super Conservative I think there are going to
Be a ton of altcoins that are going to Run way greater than that so this if This is really going to happen if we are Going to see new highs for Bitcoin and And all this this is that moment this is Where we get our life changing well this The next six to 12 months uh you yeah That that's about right you know if if That's I mean if you believe in the Four-year cycle anyway uh and even if You think it's speeding up still within The next 6 12 months yeah that that Would still be that time frame but we Are basically there so we got to see if It actually happens there's no guarantee But man it's it's an exciting time to be In crypto it really truly is and so uh As as as um as far as that goes I get to Sit back here but today's fun right this Is this is has been nice to See and so uh you know now that Bitcoin Is trading above its local high you know Which was uh you know over 49,000 which Occurred you know about a month ago when The Bitcoin ETFs got approved uh you Know the fact that we're we're seeing Now this price level $50,000 he thinks it's likely an Indication that this is the beginning of The next major move up for Bitcoin and He says that Bitcoin is likely to hit a New all-time high much sooner than than Most people think you know he thinks it Could happen even before the having
Which is going to occur in April Sometime I think around April 20th Likely Anyway so we'll see and then as far as The six coins here I'm just going to Mention them um I'm not currently buying Anything else I spent a lot of money on Crypto last year and so I'm taking a Pause and buying anything else but um I Just thought I'd mention just for fun Then we can kind of track and see what Happens here I'm not telling you to go Out and buy these coins I don't even own Them except for one of them one of them Is H bar which is one of my largest Holdings um I think harar is my number Fourth largest holding now it's bouncing Around quite a bit depending on what Other coins you like it was recently my Number two uh flare is my number three Now that that jumped up and then Bitcoin's currently my my number two and Then xrp number one by a lot um but you Know it's possible that some of those uh Some of those Al alts that I hold like Flare H I won't be surprised if they run First I won't be surprised if they be Become at least for a brief moment in Time my my number one holding uh but Right now it's not even close it's it's It's xrp Um so anyway I hold H bar that's that's One of the six the other ones that he Sided here again I'm going to be clear
I'm not telling you to go and buy them I Just think it's it'll be fun to like Kind of track and see how this unfolds Because he's very optimistic for these Ones uh the first one is Cfx the second one is Dydx the third one is c k the fourth is A i o z and then H part like I said and Then the final one that he covered was Uh ocean and I actually don't know Pretty much anything about The rest of them which I don't own um Might for fun I might just look into Them and see what they're all about but I'm just I'm not right now in a position Where I'm interested in purchasing more Crypto I'm taking a little bit of a Breather uh I am well positioned I don't Need much of a multiplier effect going Into this Market cycle if we are indeed Going to see new alltime eyes for Bitcoin and also explode uh I'm ready I I don't need another single coin so Maybe I'll purchase something ah I don't Need to though put a lot of money in so We'll we'll see what happens here but Pretty exciting stuff right Um then we've got this there's a post From this analyst not familiar with him Not that that matters but his name is n Neste i don't know how it's intended to Be articulated but I came across this Post because uh credible crypto shared It and so neste shared what's on your
Screen right there with a line in the Middle showing where the having is and Then four separate Market cycles and you Wrote the first ever golden break before Having we are deviating from the Four-year cycle now this this is the Message that um that credible crypto has Been sharing in and some others credible Crypto says that we're actually in a a a Market cycle and his this thesis is that It actually began 2018 and the pullback That we saw after 2021 uh it wasn't the end of a cycle That that's his opinion it's his thesis It's actually just that it's a Lengthening cycle and so we're we're Going to actually be seeing some of the Most explosive action uh even prehab and So what he's noting here is that this Specifically and you can see what I'm Talking about if you're looking on the Screen here in terms of the number of Days for for this type of activity uh at The top the top one is 57 days but it Occurred before and after the Happ the Having to get there uh the next one was 163 days again same situation before and After the having to get that to Completion the next one was 163 days Again and then this one now this Market Cycle before the having and it was 66 Days just it's just fast that is Different that's never happened before In history that's the point that he's
Making and so credible crypto retweeted That that and said we are deviating from The fouryear cycle he shared that quote And then he wrote Shocker cuz he's been saying this for a Long time uh and he's not the only one Um in fact techdev very well-known Analyst 428,000 followers on X responded With you don't say and he shared one of His own posts from July 16th last year And here I can make this full screen for A second and he said doesn't look like It's ever been the having clever if Satoshi tried to line it up though it's A liquidity Cycle World Bitcoin lives in It so is is what it is here um I I Certainly don't give any Credence to the Whole having Theory at this particular Moment in time it's it's just you're Cutting half an already small new supply Of Bitcoin I just don't think it's Particularly consequential and I think The numbers bear that out but it is what It is and so also um given that credible Crypto said that he thinks uh bitcoin's Likely going to get up to about $150,000 This Market cycle just note that he's Not the only one that believes that Here's analyst Gert van Logan who wrote Bitcoin breaks above the neckline of This 2year head and shoulders bottom Target $150,000 which again I'd love to see That there'll be a lot of excitement in
The market that then you would get to Euphoria like absolutely that's where You're going to see like 94 out of 100 On the crypto fear and greed index in Prolonged extreme greed which can't stay There forever um but again that's only You know you're talking about if you're Talking about like a 2X 3x 4X for Bitcoin r ends up happening that's just Not that exciting for for I mean for From this moment in time I mean yeah It'll be meaningful for me but that's Just because I've been holding Bitcoin Since 2017 so yeah for me that'll be a Lot a lot of money but it already is Like to me it already like I Subjectively think I have a fair amount Of Bitcoin um then there's this xrp chart Analyst crypto Rover shared this Symmetrical triangle it's it's xrp price Chart he said xrp it has been 3 years Now but I do believe the breakout can be Massive and so he thinks we're almost at That point the moment of truth and so When you get to the the symmetrical Triangle it's probably going to break One way or another do you think it's Going to be down or do you think it's Going to be up well if the rest of the Market's moving up think you know what My bet is up substantially face melt Land that's what we're waiting For uh here is a post from my fellow xrp
YouTuber and analyst Dusty BC crypto he Shared this xrp price chart another uh Another symmetrical triangle noting he's Expecting an xrp God candle 4,000% price Increase he says uh once xrp explodes it Will be massive but today is not that Day and that's true that's fine we got To get the setup complete but you know Bitcoin's doing its thing xrp's been Holding above support it's it's actually Coming up against a higher level Resistance close to 54 cents which U was Noted by chart analyst cryptos here Actually he shared this uh just another Uh just another chart XR P xrp daily Falling wedge playing out nice Bounce From daily 21 ma 54 Cent resistance just Above xrp so we'll see how it unfolds But I mean I just I could not possibly Be more optimistic then you have this Post from xrp analyst dark Defender xrp Has broken 52.8 6 cents next 55.4 cents To 60 cents within hours as discussed I Like when people mocking on us we will Mock and rock in the end I like that and Then you're road to $188 and um and $5 and 85 cents so he's Still absolutely just maintaining that Level of conviction that these price Levels are likely to get hit and that Doesn't sound crazy to me in the least That sounds conservative if xrp indeed Is going to hit a new all-time high Um yeah like can you
Imagine X finally enters price Discovery After all these years and it just goes Like five bucks it's just kind of hard To believe and so I like I'm not making A price prediction I don't know what's Going to happen but if we're going to Have massive Euphoria which tends to Happen I'm just optimistic it might be a Bit bigger we'll see what happens though What a fun time to be alive what a fun Time to be in crypto this is just Fantastic I hope you're having a great Day out there to $50,000 Bitcoin haven't seen it in a hot Minute but it's nice to be back 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 Boon Lambo
