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Hello this is Matt on the moon Lambo Channel today was fun wasn't it uh Number go up again yes uh Bitcoin Breaking briefly above $48,000 as uh this instills additional Confidence for many people that Bitcoin Indeed will be hitting new all-time high Sooner than later whether that's this Summer or the end of 2024 or early 2025 it does seem as though most people Out there analysts are not they do think That's what's most probable of course Not everybody agrees and I see the point That nobody knows for sure but I will Say this if the market keeps going to The upside my God life-changing wealth Is at hand and it's never been closer For so many people including lots of you Listening I'm willing to bet and I'm Going to share with you perspective from One of my favorite analysts out there Who says that you Know frankly I think he might be being a Little bit conservative depending on What you hold if he's correct but he Says you could 10x your profits from Wherever you are now as soon as 6 months From now and really all it takes is a Simple strategy and again it depends on What you hold and uh are you going to Screw stuff up by emotionally getting in And out of positions but in terms of the Opportunity being there yes if if indeed The Market's going to grind higher and
We see equities going up and crypto Asset class continues continues move up In tandem which you you generally see um Yes that that sounds completely Reasonable whether it's 6 months 12 Months whatever we''ve we my God we've Never been closer that's what it feels Like to me especially we here in the xrp Community because if Bitcoin truly is Going to hit a new alltime high it's Hard to Fathom that xrp wouldn't there's A reason it has always been the top 10 Cryptos by market cap the market agrees With you that that's the reason xrp has Always been there for over a decade Despite a serious xrp attack def despite An artificial price suppression during The last Market cycle and even then it's Still went to two bucks and moved in Dam With the rest of the market the market Broadly speaking agrees with us here in The RP Community even if they don't Consider themselves to be like ingrained In the community on a daily basis like Perhaps you are uh 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 at the time I'm recording this xrp
Is 52.7 uh which is just a little bit below Its 24-hour High which was 52.89 uh you have Bitcoin currently $ 47,3 N3 uh but again the 24hour high as you Can see if you're looking at the screen $ 48,2 one15 and that moment was brief It's pulled back a little bit since then But seems to be holding at this Particular moment in time and here you Have the crypto fear and green index at 74 out of 100 uh people feeling pretty damn happy And you know what for good reason and You know what's funny look right here Last month one month ago the market was In extreme greed at 76 out of 100 that's The only day this Market cycle uh from The bottom that's the only only day in This entire Market cycle since we've Reached the bottom where we've gotten High enough we're we were in extreme Greed it happened for one day and so I Just got to kind of ask if the Market's Topping and the people that that say That are correct and maybe there I don't Pretend to know for sure but it's just Isn't it a little crazy that we didn't See the intense greed and the the laser Eyes and the diamond hands and all the Celebrities jumping in and all that crap That you normally see all the stuff That's that that marks cycle Toops isn't
The little weird that we saw extreme Greed for one Day cuz and look I understand the market Was moving up for over a year 2023 was Bullish a I totally get it but does did That feel like Mania to you it just Doesn't seem like it to me I went Through a couple of these bad boys this Would that doesn't seem like what this Is so fine if this is the top okay it Just doesn't feel like it it's it's kind Of hard to believe um but bitcoin's not The only thing moving up here do you Guys check out this news the headline Really says it all I don't need to read The article it's from Yahoo finance Stock market today S&P 500 closes above 5,000 for first time ever so there you Go S&P 500 at an all-time high closing Above 5,000 for the first time and You've probably heard a bazillion times By now I'm not the only one that Believes this it just seems to be facts So far as I'm concerned if you're going To see Bitcoin a new alltime high you Better hope that equities continue to Move to the upside and that is what We're seeing Now is it going to continue To move to the upside like this well This is the point where it's it's put up Or shut up right something's going to Happen here it's it's going to Dramatically break down we're all going To be a bunch of sad pandas or in the
Not too distant future we're going to See a very clear Breakaway but this this Like we are at this make or break moment So I don't know if it's going to take a Day a week a month I don't know what the Timeline's going to be but eventually There's going going to be like a a big Move with conviction and and there will Be very very clear uh what's happening That's where we're at right now that's What's at stake so that's why you know As far as the real opportunity for Life-changing wealth guys it's no joke Being in crypto like my God I I I just We are so fortunate almost no humans are In this almost no humans know about it And and many of the people that know About it they haven't done sufficient Research to be confident that it makes Sense to even be involved in it a lot of People are naysay which it's is a fine Starting point I mean I I I jumped in on A whim you know over six years ago I was Skeptical I'm willing to bet pretty much All of you were skeptical when you Jumped in and that's a good starting Point but like I'm just all that to say There's just not many people on here It's it's I just I could not be more More thankful that I jumped into crypto When I did it would have been nice if I Could have found out about it a bit Sooner and jumped in sooner I mean Technically I did know about it sooner
Than when I jumped in but because I saw A Netflix document probably like a Couple years prior but um but but still I digress I'm just saying I'm still Thankful even if it was in 2017 even if I found out about it in 2024 I'd still Be thankful understanding there's almost No humans in it now and then there was This Jim Kramer from January 22nd this Year he he posted on X unlikely that Bitcoin Finds Its footing and my part For the course Jim Craver Ro Watcher Guru shared this on X and noted that Bitcoin's now up about 20% since he Posted that just Chron Al wrong Jim Kramer who listens to this guy it's it's Just Astonishing uh here's a post from Credible crypto it was a repost of Something he shared on January 26 which I'll highlight in a moment but he References it in a post from just this Morning before we really see saw most of The fireworks of today and this Resonated with me and it is true and Sometimes people have a hard time Recognizing the true opportunity for Life-changing wealth that is at hand When you go through such long periods of Moving sideways or or or you know even Downward price action it beats people up It makes it seem impossible but it's not This asset class has been trending up Since Inception from zero to what's the
Market cap today what over $1.8 Trillion it just keeps going up despite Pullbacks and so here's what credible Crypto said using the strategy below and With zero leverage SL margin a 10x Within 6 to 12 months on your portfolio Is easily achievable at the minimum in My opinion this type of opportunity Doesn't come along every day and is Something that investors in traditional Markets can only dream of it's available To you here and Now and okay so I firmly believe that is Indeed the case now again depending on What you're holding 10x might be a Little too conservative now for someone Like me like I'm I'm kind of lame in the World of crypto I guess because I'm more Into large cap coins and midcap coins I I know a lot of you are interested in Like micro caps and small caps mostly I Just don't like chasing that stuff Because that's a different risk profile If you're into that that's fine um it's Just that most that stuff's never going To make it whereas the stuff that's Risen to the top at this point yeah You're going to have a much lower uh Opportunity for uh for multiplier effect Yeah absolutely but it's still so it's Still going to be so much greater than What happens in traditional finance that I don't give a damn that can still be Life-changing wealth for me assuming
This pans out the way that I'm thinking It it probably will if I just you know Sit tight on it long enough um so I'm Happy to be in the Lamer coins if you Want to call them that or the less Exciting ones because they're larger Midcaps so what so to to each their own But I mean even for some of these large Caps if you're talking about a 10x from Here credible crypto uh definitely um Reasonable what he said there but that Might be a little too conservative Because I mean what are you talking About like imagine a tfold with xrp That's about $5 I'd be shocked look if xrb is going To hit a new alltime high you're telling Me that price Discovery is only going to Lead it to like five books uh kind of Skeptical I'm not making a price Prediction I don't know but I just I Don't think that's going to be the case So he's being responsible on what he's Saying this isn't some sort of critique Of what he saying I'm I'm broadly Agreeing I'm just saying the good news Is um even some of the large and midcaps Are going to go much higher than that It's not unreasonable suspect that's What's going to happen then the time Frame 6 to 12 months well look at where We are right now everything seems to be Aligned unless some of the people that Are are are are now bearish are say nope
We've hit the top and okay maybe they're Right uh if but if if and that's a Minority of people but if if they're not Right then yes the next 6 to 12 months Are going to be absolutely insane before Entering the next bar Market I mean the Opportunity is truly here so that's why I'm not going to squander I'm just going To sit here I'm going to hold tight I'm Going to do absolutely Nothing and um so I don't want to read The whole post that crypto was Referencing it's one of his posts it's On January 26 you can pause and read the Whole thing if you want but the part That I highlighted is the only part I'm Going to share because it just makes Sense like you don't have to be some Sort of wizard you don't have to be a Chart guy you don't have to be a Trader In fact most Traders lose money anyway Like people don't get it like what you Need to do broadly speaking is after you Buy stuff you need to do precisely Nothing that is the strategy that works Investing in equities that is the Strategy that works investing in crypto Because it's the same humans with the Same D DNA it shouldn't be surprising That Works but anyway here's here's what he Said if you don't know what you're doing Here Andor are not a season slactive Trader Andor struggle watching draw down
On your spot portfolio and don't have The emotional fortitude or technical uh Expertise knowledge to um technical Analysis knowledge to weather the storms But you still want exposure to the space Your best bet is to do the following buy Spot Bitcoin and chill till New all-time Highs then consider rotating into some Select alts after all-time high is Breached and that's fair enough some People are going to love to take the Bitcoin profit understand that money Flows through the whole ecosystem and Then then then alts take off now I have A rule what for myself this is just for Me uh I'm going to be very strict about This whatever money whatever where Whatever crypto I sell I'm going to take That money and it is out for the Remainder of the cycle a a smaller Percentage of it maybe 10% maybe I'll Put it back in once it's clear that the Market is close to bottom you're not Like say it's down 70 80 some coins 90% % then I'll be like okay I can take you Know 10% of my profits from the height And throw it back in uh but that's just Part of what I'm doing to try and idiot Proof my approach to investing in crypto That's just part of what I'm doing now Other people don't want to do that and Um it's probably reasonable you know if You want to take the profits and do that Uh there are people that will do that
And probably do better in terms of Percentage gains than me but I I don't Want that risk on the table I just Period I made this rule for myself many Many many years ago that's it and I'm Sticking to it I don't care how much Money I leave on the table table I am I've been in this over 6 years when this Comes and I start selling I am keeping That damn profit you better believe that I am not going to put it's up against Additional risk absolutely Not and so is what it is different People have different perspectives That's fine it's just it's not for me I'm just a guy that just buys I I I just I sit back and I watch and that's pretty Much it but folks stuff can happen Quickly which is why I shared the post That's on your screen this is from Plan B one of the most well known figures in All crypto 1.9 million followers he's Famous for having applied the stock to Flow model to bitcoin not that I buy Into the stock the flow model at this Particular point in time I don't think It matters I think the having and all That crap I think it's inconsequential At this point uh but setting that aside The point here it's it's just a fact he Wrote from here to $60,000 in 14 days October 2021 so he's noting that from The current price level for Bitcoin it Went to
$60,000 in 14 days folks when it goes it Happens fast like there will just be Days where you wake up and stuff's Running so yes today was fun but it can Get way more well by the way if Anybody's curious at the time I'm Recording this it's 10:56 p.m. central Time uh Friday February 9th 2024 uh so who knows what it is by the Time you're watching this hopefully more To the upside but there are going to be Days that are way more consequential This and we've already seen it recently In recent months there's at least one Day where Bitcoin went up I know like What $5,000 but that ain't nothing like we've Seen greater than that before um here's A post from credible crypto he said and He this is just a bitcoin price chart With some blue squiggles as to what he's Hoping and thinking may happen and he Wrote give me this and I long my already Long Longs uh I like that quote I want to use That um and so he's just noting that if If Bitcoin gets up to the point where It's around $50,000 he thinks that's Breakaway status and he shared a video That he recorded earlier in the day Which I did watch it was a little less Than like the half hour and um I don't You should check it out if you want of The the actual technical analysis I
Don't want to re I try to keep rehashing Technical analysis as much to a minimum On this channel as it's possible that's Just not the purpose of this Channel and I think it's kind of boring like I Appreciate the perspectives of the Analysts my God the actual analysis it Frequently just bores me to tears I'm Just it's just not my jam okay but I Will note here a couple things because Credible crypto say that what's most Probable right now and what happened Today in terms of the Upper price move It just further confirms it uh he says That we're pretty much ready for the Next leg Up and he says that we should expect Individual months where we see Bitcoin Go up by say roughly $110,000 to $20,000 In a single month which he calls a melt Up rather than a Meltdown that's the point where we're at Right now he could not have stronger Conviction um and he also shared the This I haven't talked about harar on the Channel in quite a long while but I know That tons of xrp holders are very much Into har bar and Y because H bar offers Real utility and if you're into xrp it's Probably because you give a damn about Utility which makes you smarter than the Typical Luman retail Speculator out There or the the Deion as they're called Right uh I think utility is of the
Utmost importance and anything that's Going to have long-term viability in the World of crypto it's going to have to Actually solve problems for real people And businesses right har bar does that And so that's why a lot of you are Holding it I think but um oh by the way Har bar happens to be currently my third Largest position it's gone back and Forth a little bit it's been my second Largest position third largest position Currently my third largest position Because H bars come down a little bit Recently um but I'm counting on this one To be one of the big winners for me when When the market finally does blow up to The upside so anyway he wrote H Barbarians you've been patient and that Patience will pay off soon Adam and Eve Cup and handle whatever you want to call It this is a near nearly 2year macro Higher time frame bottoming pattern that Is about to conclude by the way folks I'll just pause a note he does have Something to say about xrp very briefly Um but it's kind of in line with what He's saying about harar and so yes it Feels like nothing's happening it feels Like my God it's up it's down but not That much it's not even necessarily that Exciting most of the time did I make a Bad decision it's been years now does This sound familiar if if you're an xrp Holder you've probably heard this before
Maybe you've been questioning Things in such a way yourself and you're Only normal if you're doing that I mean We're all human right but it's ever it's Like every coin that goes through this At one time or another H bar going Through something similar here but Anyway then he says when we break from This pattern there is no doubt in my Mind that the subsequent expansion will Take us to new all-time highs now at the Time that I'm recording this video I Want to say um H bar I checked it like a Couple hours or so ago I think it was Like 7.9 cents the all time high for H Bar like 56 or 57 cents and so he is he Could not be more confident that it is Going to hit a new alltime high and he Does seem to still have the same Conviction for xrp and then he says for Now we just need to be a little more Patient as while Bitcoin has the Spotlight and is on its way to new All-time highs most alts like harar will Likely continue to chop about for a bit Longer ideally we base out here on this Lower time frame range for some more Days/ weeks before expand iion I will be Loading up bigly in the green zone if we Get it for a swing long and so the green Zone for those you're not looking he's Talking about somewhere around roughly The six cent region maybe a little bit Higher than that that's where you'd be
Interested in loading up a bit further Uh my H bar bags are packed I have no Intention of purchasing more at least Not this Market Cycle um and I mean I started buying H Bar when was it three years Ago I have accumulated sufficiently okay I'll just say that I I have because look If bu buy more it's going to be the same Same problem I had with xrp where it's Like I have a buying problem like I need To knock it the hell off so I I did not It the hell off um and then there was This somebody asked credible crypto Anything for the xrp Army my guy or am I Missing it or am I guessing it also is In a similar accumulation range as harar And credible crypto simply responded Similar for xrp when the time is right I'll share and so there's a reason he Hasn't been talking about xrp as much Recently it's not because it's Conviction changed it's not because he Doesn't think xrp is going to hit a new Alltime high he holds a bunch of xrp He's been hodling for years he's been Very public about it he hasn't been Talking about it because he's a chart Guy and he goes to where the action is Xrp has been in accumulation of he's not Like a news or discussion guy he's a Chart guy xrp has been consolidating he Hasn't been talking much about har bar Either he goes where the chart action is
Whatever the coin Is but the point being he knows what Comes next Bitcoin hits new alltime high It starts running then alt go harar xrp Pick your coin son it all moves in Tandem and I don't know that everything That exists is going to hit a new Alltime high because it sure as hell Didn't last Market cycle but plenty will Those with actual utility those the Market deems worthy yes and I think it's Pretty clear what the market feels about Xrp it has stayed in the top 10 by Market cap its entire damn Life um and then there was also oh I Listen I watched another video I wanted To mention this too uh from uh chart Analyst alesio Rani I think he's Fantastic I don't talk about him that Frequently because he doesn't post that Frequently I mean somewhat frequently But even when he does it's not always About crypto but he u in a short video Today it's the one that's on your screen If you want to check it out uh you know One of the takeaways is that he believes At this point based on current chart Structure that Bitcoin is just going to Keep going to the upside and he said That there are a bunch of analysts that He finds highly reputable But uh but they think that this is the Height for Bitcoin right he thinks this This this is pretty much hit and there's
Going to be a break to the downside and He says he just disagrees right now and He says it he says it's not that they're Necessarily going to be proven to be Wrong if to let enough time pass we'll See what happens but he says there's no Way that he's going to think that's What's most probable with the current Chart set up and so uh we need to see You know the indicators that he was Looking for and again if you want the TA Stuff go check out his video but he's Basically saying If you want me to change what I think is Most probable you're going to have to See a collapse here things are going to Actually have to fall apart but he says From his perspective it doesn't look Like that's what's most probable and It's funny because in a way it's kind of Like the opposite of what you've heard From the blockchain backer because the Blockchain backer uh he acknowledges That okay fine the market in theory Could keep going up he just he's made it Clear he doesn't think that's what's Most probable he's he's very concerned Based about uh the way that there have Been rrac levels recently to the upside And he may very well be right he's held Minority positions in the past that have Absolutely panned out including last Market cycle so he's he's certainly to Be respected he's got quite a track
Record but um he acknowledges that you Know there's a way that his his mind Could be flipped and if you see a Continuation here including with Equities because he's looking at the NASDAQ he's looking at the Dow Jones the S&P 500 if that keeps going to the Upside and bitcoin's filing at some Point there would there would be Sufficient indication that a Continuation uh is is clearly at play in Which case the blockchain backers made It clear that he would flip his bias Right and so he just doesn't think That's what's most probable and so Allesio is basically the opposite he's Like well I'll flip my bias of necessary I just don't see why right now so it's Just in ways the opposite but they're Both open-minded and they're just going To keep looking at the data which I Respect so we're going to see what Happens here I'm I'm optimistic we're Going to see fireworks this year to the Upside I really hope we see Bitcoin hit A new all-time high this year or early Next year however long it takes this Market cycle though and we're all going To find out together but if indeed this Is going to to happen like I was saying At the outset of the video my God the Opportunity for lifechanging Wealth I've been waiting a while and I Will be however patient I need to be but
Um it's been over six years and in the World of crypto that's like an eternity Now in investing in in traditional finan It's just like no you invest for decades That's what you do and maybe since I've Always kind of had that mindset maybe That's why it's not difficult for me but In crypto over 6 years and having never Cashed out to United States dollars Despite my net worth being up Substantially It's a little uncommon most people don't Do what I do but that's fine it's fine I It's either I'm going to be sufficiently Enticed to cash out or I'm not and I'm Not yet I think next blowoff top it's Highly likely I will be but we need to See what happens here so again the Opportunity is there this is a time to Be excited I hope we don't become Disappointed but this is a genuine this Is a time to genuinely be excited so far As I'm concerned so we'll find out what Happens Together 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
