Cryptocurrency

Bitcoin SURGING to The Next Target! Will This CANCEL Altcoin Season? | Crypto Wyckoff Trading



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Video description:
Bitcoin is quickly taking out price targets leaving the crypto altcoin season in shambles. In this video, we’ll review the Wyckoff schematic; potentially retiring it and also review how the altcoin season could be over before it begun.

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42 Comments

  1. 48k is the key resistance level which if broken could lead to a mini mania stage coz etf chatter is still ongoing while halving effect is gaining strength. It is little crazy to think 100k by eoy but a new ath could be possible🫡

  2. I don’t have money to lose and bought btc at 26k what seems like not more than a month ago. Happy with what I’ve made so I moved to usdc and will wait for the correction. If it never comes, I’m still very happy with what I’ve been returned. It helps me greatly reach for my goal of 50k usd to start my own business. Your calm demeanor has meant a lot to me, Jason. Thank you

  3. 100 K "seed" just shows that another step forward has been taken indicating ETF is coming. Amount of money is irrelevant, money was transferred to kick-off the ETF.

  4. I was baffled by that story too regarding Black Rock. Blackrock already has a trust that is closed for their own clients and it probably has hundreds of millions of dollars in it already.

    XRP holders are in ❤❤❤❤ w their shitcoin

  5. The reason it could go to 752 a million on this cycle or more likely the next. Is that once the big money like billionaires or sovereign wealth funds or pension funds in the America decide to allocate? The rally is going to rip your face off and it could go straight up to 10 million a coin. The reason it looks crazy is because in the past it's always been retail that drove the numbers up and on the last big all-time high of 69,000 was when you saw grayscale and Michael saylor come in. So two huge whales multiplied by 50

  6. mate why so negative towards altcoins , we're all here to make some gains, it's understandable during the bear market but clearly towards the halving risk towards alts is more profitable, just shilling them as crap coins makes you sound like a btc maxi, don't forget btc's tech is still not very good in terms of world adoption neither is eth's garbage scalability. Just saying maybe being a little open minded pays off towards the possible upcoming run.

  7. Jason, do you see an endless keep going 4-year cycles? There is just a bit more than 1 million BTC to mine. How do you think things are gonna play out after we reach the 21 million in circulation? Could you cover this in a video? Thanks!

  8. Why the momentum tapered off? You may not have noticed but the SEC delayed the Grayscale ETF decision until January 24th. This may have affected the FOMO. But Jason, selling before holding for a full year, we have to pay 40% on the profits, and add the crypto profits to our normal income, potentially putting us into the maximum income tax bracket almost 40%, instead of the 20% capital gains rate and profits not added to our normal income. If you are not a big woop do woop super trader and are not going to end up with $$$ that puts you in the maximum income tax bracket, then this may not apply to you.

  9. Yea, it’s insane how quickly your feeds can go from flooded with fear porn, to NFT profile pictures calling for 10x gains in alts and for 100k BTC by the end of the year. Don’t fight the trend but a reversal soon wouldn’t surprise me, especially when alot of the more “bearish” influencers are starting to flip or at least state the bull case more then the bear. For example I’ve noticed Ben is bringing a “looming recession” up less now along with his double bottom calls. I love the feeling of not having FOMO because you got in early and stuck to your plan.

  10. I have a question Jason, I 100% agree with your Bitcoin analysis, although when it comes to the alts. Are you saying that your predicting very small- to relatively small gains on the macro scale of the rest of the bull run? Or are you suggesting a relatively short downtrend, but Still to come,,,large gains later on in the next year or so for the alts?

    Just hoping to clarify!

  11. I hold Bitcoin. It's up 100% from where I made my last buy.

    I own "alt" coins too. Silly me.

    They are only up 3 – 6 X from where I last bought them.

    The truth is, I don't buy "alt" I buy VALUE.

    Comparing value with "alt", is the classic false sales technique.

    McDonalds hamburgers are in the top 0.00001% of value, because when you compare them with EVERY other random thing you can possibly eat, they are absolutely GREAT.

    Comparing Bitcoin with "literally everything else you can possibly buy", including scams and memes, is not a true comparison. It is an old sales technique. The oldest one in the book.

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