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all right guys welcome back to the
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channel and if you're new thanks for
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stopping by make sure you hit that
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subscribe button now as each of the day
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analysis builds upon the previous day
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today we're looking at the potential of
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a bubble forming here for BTC we've seen
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the largest correction $5,000 yesterday
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for BTC since the big breakout on the
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6th of November so naturally this leads
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a lot of people to question the position
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of the market question where they
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currently sit with their portfolios so
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we're to review this and reflect on
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previous Cycles as well as what I've
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seen now is very similar to what we've
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seen in previous Cycles so essentially
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what happened back then you're joining
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me Jason pazo on your home of macro
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cycle analysis been trading the markets
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for 18 years getting into the stock
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markets in around 2010 and then crypto
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in 2017 so hopefully I can share some of
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that wisdom with you in today's video
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link in the top of the video description
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Black Friday sale I'll show you what you
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get with Tia premium later in the video
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and that big Black Friday sale coming up
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but first up let's hit the agenda this
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is exactly what I look at every single
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day when I review the markets which then
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allows me to position myself for the
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rest of the day or months weeks wherever
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my trades are at I look at it like I'm
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studying something I'm studying the
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markets every day and if you were to
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study them yourselves or maybe you've
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studied other things in uni you'd
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probably go down a similar path you have
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a very strict criteria and regime that
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you like to implement in order to
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hopefully get the best results for
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yourself so that's why we come back to
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pretty regular things on the channel now
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just before I kick off the agenda this
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one came to mind today especially as we
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potentially head into this sort of
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bubble territory markets can remain
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irrational longer than you can remain
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solvent so although it might seem like
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we're in some sort of bubble territory
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these things can keep going on longer
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than we can anticipate so I think it's
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an important one to remember just uh
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just before we get kicked off because
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well we've got the macro cycle to get
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through Market sentiment break break out
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or break down long-term and shortterm as
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well uh just a quick reflect on some of
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the major rules that helped us call
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previous tops in the market and previous
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Bottoms in other markets the bubble of
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course so more on the Bitcoin analysis
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and a big one here this last half of the
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video is basically dedicated to altcoins
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looking at tourist traps don't let this
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trigger you just yet there are some
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really really good trades to be had
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through many of the crypto tourist traps
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but I'll explain what that means a
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little later in the video so first up
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macro cycle I just reflect on this every
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day this is where we currently sit it's
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a winers curse it's crazy to think that
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the markets can keep going up higher and
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higher that's the house prices so the
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real estate and economic cycle the 18.6
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year real estate and economic cycle
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heading into the peak roughly around
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these dates of course we have plenty of
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signals on the chart to help us identify
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closer to that time but after this I
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think we're go into some sort of
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significant correction okay so we have
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the S&P 500 and the indices to have a
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look at just overnight again nothing has
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changed so this makes life really simple
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for us we saw further upside here and
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the market has just opened in its after
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hours trading on the red you can see
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there it's basically come down a little
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bit as I've said this entire time
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there's no stress in this period even if
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it does correct basically anything below
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5100 or anything above 5100 I don't
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think there's much stress to be had I'd
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be a little more stress under 57 or 56
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but as long as the market doesn't break
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below these levels here this is one of
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my major pivot Points so a big turning
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point there would be a break below 5100
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and if there was a break below 5100 we
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would then have to reassess where we
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currently sit in the market are we going
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to have to grind along uh longer here
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throughout 2025 or are we going to see a
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quick snap back but for the shortterm
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analysis nothing has really changed
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since yesterday another day up getting
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close to a top the could be forming into
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a lower top at the all-time high which
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could lead to further downside or more
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time to the downside but overall I don't
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think this is going to affect months to
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years if you're looking at a sort of
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medium to longer term cycle here if this
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does correct maybe this is also working
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in with BTC and the the day down that
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we've seen so far massive move yesterday
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up 4 and a half% it put in a new
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all-time high by a couple of cents
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hasn't got a clear break yet no closes
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of above it but we can start to change
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some of the 50% levels so that we can
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prepare for further upside here should
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eventuate of course but as you can see
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you can see all these lows here getting
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higher and higher this is your home
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builders ETF this is part of your
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winners curse phase more profits coming
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into the real estate cycle more profits
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coming into the real estate market for
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your home builders in the US maybe a
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particular area that you live in isn't
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going up but this is looking at the big
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home builders this is looking at the
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national averages and the prices going
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up for desirable areas as for us Aussies
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this is also had a kick on effect as
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well we're also seeing higher prices
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here in desirable areas macro cycle
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still looking good traditional Finance
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looking good let's get over to some of
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the market sentiment for the crypto
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sphere and what we've been using the ETF
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data for is a contrarian signal again
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it's worked out very very well as you
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guys have known hit that like button if
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you seen this workout for yourself when
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you get these big inflow days they
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typically Mark somewhere around the end
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of the move we had big moves in the uh
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in the breakouts and big moves in the
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middle this one here is the uh seventh
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of November at 18K and then we had the
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top there at 11 the 11th of November
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12,600 so here is the Sixth and the 7th
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the market paused but it was just on the
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breakout so you had a big breakout with
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big volume and then we had the next
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couple here there's the 11th 12th 13th
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the Market's basically gone flat since
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then yes it climbed higher but we've
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just now reversed back to that top
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hopefully this is all part of the
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grinding effect to the upside that we've
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been looking at similar to each of the
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other grinds to the upside remember back
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here in 2023 you can see the price is
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continuing up basically for the Bulls a
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lot of people are hoping for bigger
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Corrections which don't come until later
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but really overall you're getting a lot
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of inflows in but the market essentially
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stops basically debt and you just get
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this bit of a grinding effect they've
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missed out on the lower entry points
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because everyone's kind of waiting for
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everyone else to do that next move
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they're all waiting for everyone else to
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jump on the bandwagon and start talking
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about it again Google Trends has also
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been a fantastic tool to identify Market
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sentiment on the shortterm 30 days we're
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looking at worldwide as well starting
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with the purple line here this is BTC
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just a little bit of a tick up obviously
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because the market has dropped off
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people start to search especially when
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the prices go up in a significant way or
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down in a significant way but overall
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you can see the the volume search or the
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search volume for BTC has basically
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dropped off here and that also
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correlates to the price of uh of Bitcoin
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at the moment Not a Bad Thing long term
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just in the short term everything was
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looking a little bit overextended crypto
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as well has gone on a little bit of a
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drop you see it had some Peaks over the
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last couple of weeks and then dropped
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off just a touch so nothing bad longterm
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just in the short term and then we have
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meme coins Ai and defi defi has dropped
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off and mem coins have dropped off a
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little and also AI but if we take take
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out defi here we'll get a cleaner look
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at meme coins it was really on the
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charge last week 20th from the 19th 20th
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and 21st and now since dropped off a
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little here we're also seeing the fear
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and greet so to the market sentiment of
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fear and greed has also dropped off with
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that day down but still sitting in
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extreme greed which we know can last a
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considerable amount of time and this is
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similar to previous Cycles you can go
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back to 2020 2021 basically in the light
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green and more importantly here for the
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extreme greed at the top this period
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basically went for about 2 months and
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you could extend it out to 4 months now
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something that I haven't mentioned in
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previous videos uh interesting periods
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like this here you got July August
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September it doesn't have to we're not
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trying to get the exact same periods
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we're not trying to say that uh July
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August September of 2024 has to be like
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July August September of 2020 what I'm
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now focusing on is the green section of
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the chart and how you can sometimes get
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a precursor move to the next bigger move
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if in fact that's what's happening now
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so just something to keep in mind
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because you can see there was the 208th
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of July right around till the 3rd of
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September so about 5 weeks in this move
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uh correction which basically resets the
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sentiment which is a good thing that's
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what we do want to see otherwise you get
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into these big blowoff moves here that
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then run the market right up and that
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was essentially the end of the bull
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market you just had this sort of three
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or four months of extreme hype into
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February March and April were also
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exciting May was exciting but you can
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see the ex wearing off in the fear and
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greed people were getting I guess less
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greedy the prices were remaining at
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these highs and then a big flush out and
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as for Bitcoin it didn't really go
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anywhere after that so that was 2020 so
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I'm looking at a small pump into the
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extreme grid and then a reset and then a
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longer pump uh and we don't have the
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data for 2017 but what I did want to
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look at through 2017 was how these moves
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worked on the breakouts of the all-time
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high and this one is the average true
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range so you can start to see how how
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big these markets can grow how how
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interested people are with how big those
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bars move so how much extra money is
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coming in to extend what used to be an
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average move this is on a weekly chart
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as well so looking at 2017 it was a
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touch of all-time high a correction and
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then a big move
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out now the move out lasted several
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weeks to the upside kind of similar to
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what we're experiencing at the moment
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then you had a correction 1 2 3 4 5 then
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another reversal here to push the price
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back up to where it was you know around
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that $3,000 level but in this period And
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I was trading this Market from about
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late March early April as it started to
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break out I was still quite new at
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understanding these extreme moves these
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extreme all-time high moves that the
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that that retail markets do and yes I
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definitely got caught up in it
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especially around this period here where
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we had the correction and a lot of
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people thought it was over when you when
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you extend back that is quite a
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significant move from the top so you'd
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already done like 1 or 200% remember
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Bitcoin was much cheaper it was2 or
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$3,000 at the time but there was a big
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move a big correction there and that led
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a lot of people to think that the bubble
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had popped and it was over but what we
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can now reflect on is that the
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correction came back to the 50% level
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not saying that every time it has to but
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here was another prime example of how
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the 50% tool kept us in the game it kept
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us in the trade when a lot of people
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thought this bubble was popping at the
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time with a bubble popping that early on
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in a breakout of a new all-time high
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it's still considered now I can
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understand it's still considered
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relatively healthy because you don't
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necessarily have a 100% balance between
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the Bears and the Bulls but you still
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have enough bearish sentiment at those
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times s to keep the market well a little
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bit in check for a bull market and as
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you'll see as it goes on that check
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becomes less and less there's not much
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check left in the market when you get to
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the next pump that was through July into
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August and then the correction into
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September the uh the check of the Bears
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really only lasted three weeks before it
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turned around and then went on for
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another big run and then by the time you
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got to November so getting later into
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the the bull market there was only a
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check of less than a week so the Bulls
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were way way too greedy at this point
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and essentially you weren't getting a
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long enough correction here so checking
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the market sentiment basically bringing
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it back down to sustain this bull market
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for much longer what you did get are a
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lot of returns very fast towards the end
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of the market so if you can imagine
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measuring this from say 5,400 or if you
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want it from the closer around 5'9 call
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it around number of six in a matter of
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weeks 1 2 3 4 5 you basically run all
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the way up to1 19 to $220,000 so um
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several well a few hundred% move from
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that low to that high 260% move and the
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average range really did get out of
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control so I I referenced this part
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because if we start to turn into that if
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bitcoin's price now or the price action
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starts to turn into 2017 keep a lookout
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for one these uh checks and how long
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they might last in this case that was
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about 5 weeks but we'll measure the time
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to the upside and then split that in
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half for the downside so having taking a
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quick look at that now low to high
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there's about 11 to 12 weeks and the
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downside was about half that which is
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really really positive it's a nice Balan
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Market you got the half uh way to the
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downside for time and price so that's a
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good check of the market and then you
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get the move back to the outside so
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you're able to then see
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that although that the people are
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thinking this bubble is going to pop you
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got 1 2 3 4 5 weeks to the downside you
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should hopefully be able to stick with
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your positions because nothing has
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essentially changed you're still in a
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strong healthy Market here you've had a
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correction the market does turn around
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you haven't seen any breakdowns of the
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50% level or back to the previous tops
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you did however see a breakdown of the
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Swing chart which could be an exit
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signal signal but it allows you to get
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back in when the swing chart breaks back
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above so they're the sort of things that
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happen in the bull markets the
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volatility increases and the swings get
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a little bit choppier as well sometimes
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they get nice and clean other times you
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just got to be prepared to get out then
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back in depending on your style of
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trading whether you just want to hold in
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there the other thing that we saw was a
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slow climb up on the uh the average true
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range which is kind of what we're seeing
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now so if people are thinking only back
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to 2020 and 2021 where we basically just
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shot up to the moon and then it it it
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died out this actually is looking a
00:15:03
little more early days I say early days
00:15:06
because we still don't have enough data
00:15:07
here it's only just broken out to new
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alltime highs again uh you can see the
00:15:10
sort of grind up and basically how it
00:15:13
just kept going that entire time with a
00:15:16
few good checks in the first half and
00:15:18
then by the the second half of it it was
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it was just an absolute I don't want to
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say but yeah basically an absolute
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show of bullishness and greediness into
00:15:27
that Peak so hopefully been able to help
00:15:29
you out or answer that question is the
00:15:31
bubble popping it would pop if it breaks
00:15:34
back below previous old alltime highs
00:15:36
and if it was to break back below 50%
00:15:39
levels where are those 50% levels
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probably another fantastic question at
00:15:43
least in the short term you got
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$83,000 but I would be more inclined to
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use the major one here because we are
00:15:53
looking for major turns if that were to
00:15:55
be the case and you can see that the
00:15:56
major 50% comes out almost dead on the
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previous old alltime high so that's
00:16:01
another good point uh for a market or
00:16:04
Price cluster to then help us identify
00:16:07
whether we would see a true breakdown or
00:16:10
a false breakdown if the Bitcoin price
00:16:12
does break down from 93 and then also
00:16:14
888
00:16:15
89,000 provided it remains above the
00:16:17
tops we're still in a healthy position
00:16:19
because we are above the major 50% level
00:16:22
from the August low so the market could
00:16:25
get fearful here but I don't see it as a
00:16:28
Nega negative to the overall move I see
00:16:30
it as a net positive because we should
00:16:33
be resetting the sentiment clearing out
00:16:35
some of those extreme greedy Bulls
00:16:37
letting the Bears have a little bit of a
00:16:39
win and then we just basically turn
00:16:41
around leave the Bears behind and leave
00:16:44
those greedy bulls that essentially
00:16:46
couldn't maintain their positions and
00:16:48
they get a little bit uh you know too
00:16:50
emotional at those turning points next
00:16:53
up so moving on from that we have the
00:16:55
usdt dominance and just a quick look at
00:16:58
this as we've been covering it now for a
00:17:00
while we did have a a move back up to
00:17:04
exactly the the bottoms of the support
00:17:07
levels before it broke down so again we
00:17:10
are back at 4.2% tackling the 4.2% again
00:17:14
should we fail from here that's going to
00:17:15
be a good thing for Bitcoin and SS if
00:17:17
it's able to hold and go on a um a
00:17:20
bounce from this point well that of
00:17:21
course is going to be not such good
00:17:23
things for the bullish price of Bitcoin
00:17:25
basically the price going up you'd
00:17:27
essentially see the price going down in
00:17:29
a roundabout way so while the usdt
00:17:30
dominance pauses here at around 4.2
00:17:33
we're also seeing the total
00:17:34
cryptocurrency market cap pause however
00:17:37
the good news is that it's above the old
00:17:39
all-time high so you still want to see
00:17:41
this thing remain at least well we want
00:17:44
to see it remain above the old all-time
00:17:45
high and at least above the previous
00:17:48
zone of resistance being around $2.6
00:17:51
trillion so even if this happened to
00:17:53
fall and we got a big move up from the
00:17:55
dominance people taking profits ideally
00:17:57
you don't want to see it back below
00:17:59
about 2.6 trillion so still in a healthy
00:18:01
position even with this correction so as
00:18:04
I said we're just answering the old
00:18:06
question of is the bubble popping we
00:18:08
haven't seen any signs of it popping yet
00:18:10
what I am seeing signs of however are
00:18:13
some strength here so we're seeing a lot
00:18:15
of strength signs with a bit of a
00:18:17
short-term pause but in the case of eth
00:18:19
we're up to nine signals and counting
00:18:21
that eth is in a stronger position again
00:18:23
it is lagging some of the other old
00:18:26
coins but is in a stronger position
00:18:28
again and I'll get through those in just
00:18:29
a sec I just wanted to remind you guys
00:18:31
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Suite you get the Tia Gan swing pro you
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00:19:06
see me look at and reference here on the
00:19:08
channel the predictive cycles that
00:19:10
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00:19:12
movements plus the fear and greed index
00:19:15
Bitcoin dominance and the total
00:19:17
cryptocurrency market cap the true
00:19:18
altcoin market caps if you are not on
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the email list make sure you do that
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this link was the top of the video
00:19:24
description there it is name email click
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the next few hours actually it's Black
00:19:32
Friday starting today okay so that
00:19:35
brings us to the altcoins now we got the
00:19:37
true altcoin market caps Soul verse eth
00:19:40
someone asked for that yesterday altcoin
00:19:42
analysis and then the tourist traps but
00:19:44
first for eth accumulation seems to be
00:19:47
happening I know it's slow I'm not
00:19:49
trying to make excuses for how poor eth
00:19:50
has been doing through this entire time
00:19:52
but I do want to show these strong
00:19:54
movements to the upside basically the
00:19:56
strength that has been building here so
00:19:59
we can see it's um the low has been a
00:20:01
higher low from the June low another
00:20:04
higher low on the banking crisis another
00:20:06
higher low in September we got the
00:20:08
breakout through those tops in December
00:20:12
another breakout through the 50% uh this
00:20:15
50% level here up to the top came back
00:20:19
made a base at around 28
00:20:21
$2900 it did break down so a sign of
00:20:24
weakness there whereas other markets
00:20:25
weren't breaking their lows and they
00:20:27
weren't breaking their 50% levels salana
00:20:29
being one of those but we did get a
00:20:32
higher low form again nice monthly
00:20:35
higher low above the previous tops and
00:20:38
then you didn't see any monthly closes
00:20:40
below the 50% level that was created
00:20:43
from the bull market so this is the bull
00:20:45
market from $880 up to 4,100 now
00:20:48
provided eth remained above $2,100 there
00:20:51
was no reason to believe that it was
00:20:53
going to come back and test the $1,500
00:20:56
lows it did hold above 25 on the
00:20:59
monthlies for 3 months there which is a
00:21:01
good thing although slower but then you
00:21:04
saw another strength move here and break
00:21:07
back above the 50% and those previous
00:21:09
lows at 28
00:21:10
$2900 now with about 5 days to go in the
00:21:14
month we've seen it break above 3,100
00:21:17
and ideally in the next 5 days eth
00:21:19
should close above $3,100 for that
00:21:23
confirmed ninth sign of macro strength
00:21:27
now if that happens
00:21:29
I suspect we could go on another move
00:21:31
like we've seen in the total
00:21:32
cryptocurrency market caps you can see
00:21:34
it's had a similar sort of move here
00:21:36
it's had 50% level holds uh but it has
00:21:40
been stronger overall because Bitcoin
00:21:41
has been stronger and has had that move
00:21:44
I suspect that eth is on the verge of
00:21:46
this next move but how is it going to
00:21:47
happen maybe some other good news that
00:21:49
comes out about volume on the dexas
00:21:53
maybe some other news about memes on eth
00:21:55
I don't know I don't care because I've
00:21:57
already seen
00:21:59
nine strong signs here nine signals of a
00:22:03
strong accumulating Market if this
00:22:06
wasn't going to be accumulation we would
00:22:08
see breakdowns of these 50% levels and
00:22:10
closes under
00:22:12
$2800 to begin with and then we can
00:22:15
focus on the next levels so for now
00:22:18
where we have seen all of this extra
00:22:20
strength but to get it to that next
00:22:22
point to continue with that Trend we're
00:22:25
probably going to see any sort of news
00:22:26
Pieces come out to suggest that well eth
00:22:30
isn't dead anymore and it's going to
00:22:31
keep pumping from here and if you are
00:22:32
going to take profits on eth this time
00:22:35
through this cycle make sure you've got
00:22:37
it written down on a plan of course you
00:22:39
can always check out TI premium lots to
00:22:41
do with creating your own strategies
00:22:43
your own protocols for your trading and
00:22:45
investing nine strong signs that doesn't
00:22:47
mean that it's out of the woods here and
00:22:50
it's going to overtake salana salana is
00:22:52
still in a very strong position which
00:22:54
one should you have I guess the end of
00:22:55
the cycle will absolutely tell us but if
00:22:57
I had to pick only one salana is still
00:23:01
in a stronger position that does not
00:23:03
mean that eth can't come back from where
00:23:05
it is but Sal is now closer to its
00:23:07
all-time high and has tested it that's a
00:23:09
brief look at Soul versus eth if you
00:23:12
want me to make a longer video on that
00:23:14
particular topic and say other altcoins
00:23:16
versus other altcoins let me know in the
00:23:18
comments section down below I'll leave
00:23:20
that pin comment there I want to hear
00:23:22
from you guys and of course like the
00:23:24
video as well so I know that that's what
00:23:25
you want to see so let's jump to the
00:23:27
tourist traps here looking at the retail
00:23:29
tourist traps at this phase of the cycle
00:23:32
now the first thing I want to mention
00:23:34
here is the lows and where I'm going to
00:23:37
reference the market from and how you
00:23:39
can avoid being in the tourist trap the
00:23:41
crypto Traders tourist trap and how you
00:23:43
can actually make money from being in
00:23:46
the tourist trap phase of the market so
00:23:47
maybe you're not a tourist yourself but
00:23:50
you're actually just trading the markets
00:23:52
this was one of the calls that I made in
00:23:54
February of 2023 also talking about it
00:23:56
at the lows you guys remember that just
00:23:58
looking at how the markets form these
00:24:01
lows and what happens from that point
00:24:03
basically looking at returns and looking
00:24:05
at uh better asymmetric risks lower risk
00:24:11
higher
00:24:12
reward we can now establish that Bitcoin
00:24:16
has done
00:24:18
540 odd per to the top and the current
00:24:21
prices around
00:24:23
51% so if an altcoin hasn't done that
00:24:28
yet doesn't mean it can't do it just
00:24:30
means for 2 years it is a way higher
00:24:34
risk to hold that coin than to basically
00:24:37
just get into Bitcoin Bitcoin is the
00:24:39
lower risk option here and from what
00:24:42
we've seen in this cycle salana has also
00:24:44
been a much lower risk option as well so
00:24:47
what I'm going to do is look at it from
00:24:49
cycle low so that November period in
00:24:52
20122 to identify which ones have been
00:24:55
stronger and this is something really
00:24:57
really simple that you can do for
00:24:58
yourself with your own altcoins now
00:25:01
looking at the lows you can see here
00:25:03
December we've got the Bitcoin low
00:25:05
that's where the cycle low starts from
00:25:07
around mid November Bitcoin is up
00:25:11
roughly around
00:25:13
48% from that closing price so not from
00:25:15
the low that's what you got to look at
00:25:16
here these are closing prices and then
00:25:18
the pink line at the bottom is ader so
00:25:21
ader is up
00:25:22
210% but it did the majority of those
00:25:25
gains just in the last 4 weeks otherwise
00:25:28
it was at a negative to Zero from that
00:25:32
point there from that low as for salana
00:25:35
salana is up
00:25:36
1700% so you really got to ask yourself
00:25:40
what should I have done at the lows
00:25:41
basically what could I do better in the
00:25:43
next cycle rather than hanging on to the
00:25:47
possibility of something going up on the
00:25:50
flip side depending on what type of uh
00:25:52
Trader or investor you are are you
00:25:54
holding these things in the hopes of
00:25:56
them going up or are you trading them
00:25:58
because anyone that's bought say ader
00:26:00
and any of these tourist traps in the in
00:26:02
the last four five 6 weeks maybe in the
00:26:04
last couple of months as we'll see in a
00:26:06
moment there've been fantastic trades to
00:26:08
the upside when other coins might not be
00:26:11
doing so much so that's something you
00:26:13
got to ask yourself are you shortterm
00:26:15
maybe on the hourlies dailies weeklys or
00:26:17
are you longer term and you've been
00:26:18
holding some of these uh tourist traps
00:26:21
since the last cycle if you made it this
00:26:23
far in the video thank you very much
00:26:25
this is kind of that period where you
00:26:26
start to learn something extra about
00:26:28
your own portfolios and I thought I'd
00:26:30
give a little mini Master Class to give
00:26:32
a bit of a a taster as to what we do in
00:26:34
Tia premium now this is just something
00:26:37
very quick and simple that I can show
00:26:39
you here and we're just looking at how
00:26:41
to judge your portfolio of allcoins
00:26:44
against BTC a nice simple easy exercise
00:26:48
where I'm starting from is the cycle low
00:26:51
so you can see here you've got November
00:26:54
2022 so around the low for BTC and the
00:26:58
uh total cryptocurrency market cap if
00:26:59
I'm not mistaken and essentially you're
00:27:02
just looking at your altcoin against the
00:27:03
Bitcoin value Bitcoin from that point is
00:27:06
now up about
00:27:07
480 15K up to wherever it is now 93 odd
00:27:11
th000 94,000 right as for a the uh low
00:27:16
in USD value is around the 30 C Mark so
00:27:20
it's currently at
00:27:22
97 so in terms of percentage you're
00:27:25
looking around 30 31 up to where it is
00:27:27
it's about 210% up from that low so you
00:27:31
can quickly see that Bitcoin has far
00:27:34
outperformed Ada by almost double and
00:27:37
that's why you're down now by 50% from
00:27:40
that midpoint if the Ada BTC pairing
00:27:43
gets back to that midpoint then and only
00:27:46
then are you now equal to the Bitcoin
00:27:51
gains so if this week Ada jumped up to
00:27:54
got back to the zero point here then
00:27:57
it's been worthwhile holding that you
00:27:59
because you've now received the same
00:28:01
gains that Bitcoin has had through these
00:28:03
last two years the only draw down here
00:28:06
the only negative point for a portfolio
00:28:08
managing your own portfolio is that
00:28:10
you've had to endure a lot of risk in
00:28:14
this particular altcoin because it may
00:28:17
not have come back to that you can see
00:28:18
this has been on a a steady decline for
00:28:20
about two years or even longer actually
00:28:22
but I'm just using the the starting
00:28:24
point if you do see Ada run up here
00:28:26
against his BTC value get back to that
00:28:28
zero point where the cycle started from
00:28:31
maybe you take some profits maybe you
00:28:33
don't you know it's entirely up to you
00:28:34
maybe you think this is going to
00:28:35
continue up and you're going to get in
00:28:37
front so anything above the zero point
00:28:40
you would be in front of the gains that
00:28:43
Bitcoin has had throughout this entire
00:28:45
cycle but you've had to endure a lot of
00:28:48
risk very very high risk another example
00:28:50
is xrp and
00:28:52
BTC anything at the zero line is equal
00:28:57
to bitcoin gains of
00:28:59
480 but for now xrp is still down
00:29:03
26% to be uh equal with the gains that
00:29:06
Bitcoin has had not saying it can't do
00:29:08
it it looks like it's on the on the way
00:29:10
to try and do that and anything above it
00:29:13
means you're now in front so the best
00:29:16
moves here are to get on with the trend
00:29:18
when the trend turns up and so any of
00:29:20
these traders that have been in the
00:29:21
market for you know the last 2 or 3
00:29:23
weeks maybe the last four weeks they're
00:29:25
the ones seeing the gains from xrp going
00:29:27
up and they haven't had to endure any of
00:29:29
the risk to the downside of some of
00:29:31
these coins never coming back and I get
00:29:33
that some people think that that's
00:29:35
stupid that these coins will always come
00:29:37
back but there are plenty of cases that
00:29:39
they haven't I haven't even looked at
00:29:40
this one I suspect sand is one of those
00:29:42
that is never coming back or at least
00:29:45
for another cycle it is still down
00:29:48
80% on bitcoin's gains here so it just
00:29:51
hasn't even come back even though last
00:29:52
week it did 100% from that low it's
00:29:56
still 80% down from match ing bitcoin's
00:29:59
gains uh from this stage of the cycle
00:30:01
you can see going back to the lows there
00:30:03
in November so keep that in mind for
00:30:05
your portfolios moving forward something
00:30:08
that you can use for uh you know future
00:30:11
crypto altcoin Cycles or even comparing
00:30:14
any of your stocks together you just
00:30:15
want to see that you're continuing to
00:30:17
move money into stronger positions as
00:30:20
opposed to weaker positions and so if
00:30:22
you enjoy this and this is how you want
00:30:24
to continue to build your portfolio out
00:30:26
in the future I do suggest getting into
00:30:27
TI premium you're going to get more of
00:30:29
deeper more of these deeper Dives for
00:30:31
your own portfolios to be able to make
00:30:33
these decisions the Black Friday sale
00:30:34
begins today make sure you're on the
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00:30:39
guys thanks again for your attention
00:30:40
like And subscribe can't imagine anyone
00:30:43
that's been here for 40 odd minutes
00:30:45
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00:30:47
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00:30:48
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00:30:50
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00:30:52
care and peace out
