Cryptocurrency

$2 TRILLION!!! The #Crypto Market Bull Market Is Here!! Altcoin Season Soon!!!



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What’s up you guys it’s Matt here so if you don’t know the crypto Market completely flipped if you’ve been in the dark for maybe the past let’s say month or two or or whatever right the crypto Market completely flipped we saw the crypto Market absolutely explode while

We saw the ETFs go live and they started trading it went up to a 1.82 I believe trillion dollar market cap then completely flipped again down to a 1.5 trillion market cap and ever since then we’ve grown just about $430 billion in the overall market cap we are fast approaching the $2 trillion

Market cap level which honestly could be a little bit of a major resistance for some if we’re looking at Bitcoin and ethereum they’re really leading the market and I wanted to talk about the entire market and give you a little bit of an update on what’s going on right

Now now it’s currently 11:19 a.m. on the 14th Valentine’s Day Happy Valentine’s Day everyone and uh hopefully you you get to celebrate it with the uh the people that you love but let’s talk about the crypto Market in this video because honestly things have flipped like they flipped again and they keep

Flipping and this is why it’s a uh long-term Traders kind of nightmare long-term leverage Traders nightmare because you will get liquidated time and time again trying to play Which Way of the market and I’ve seen this right my small positions have gotten liquidated my short-term positions have done well

But in this true in this market right now it doesn’t really look like something that you can you know gauge whether it’s going to stay at these levels or massively retraced but I think it is a different Market than what we’ve seen in the past and I want to explain

Exactly what I mean by that and I’ll do that right after this guys hit that like button hit the Subscribe button hit the notification Bell for more videos like this one also make sure you guys check out some of the links down below it does help out the channel and one of those

Links are uh for my Marx for my Marx referral link if you want to start trading with Marx I just mentioned it and how I I got liquidated on a couple of things but a lot of my short-term plays are doing really really well and I’m taking different types of profit and

I’m finding my strategy within leverage trading if you guys are interested in trading a 5x leverage using other people’s money in order to make money let say you invest ,000 doll here which would be risky but you invest ,000 dollar and you wanted to do it at 100x

You saw it at the bottom that it could possibly be right and you wanted to do it at a 100x leverage that would be $100,000 that you’re investing into so meaning that if you grow you’re gaining a heck of a lot um in money in return

And if you can get to a point where you double your initial investment very fast take out your initial investment and then you can sit on half you can sit on what you have in there and you’re trading with gravy and then if you end up losing money you don’t lose anything

In the end now it is still risky so you want to make sure you find the best strategy for you don’t just take that as that example and do it that way because the market is up significantly and I don’t want you to go one way and end up

Losing a lot you can also sell the market if you feel like it’s going to come down since the market is temperamental so definitely check out Marx that link is in the description it’s a fantastic platform with a ton of charting and dynamic updating so if you

Have a graph that’s updated I can go over to xrp and I can find a whole another graph that also has my trend lines that I put in there or um any of my indicators or anything like that and this is a brand new trend line that I

Had that you see that xrp is pretty much holding that trend line anyways definitely check out that link down below for Marx but I wanted to talk to you about the entire market and if we look at the entire Market it’s currently at a 1 uh 1.93 trillion doll market cap overall

Market cap is phenomenal we’re getting very very close to that $2 trillion do market cap level which is we’re working our way up to where we were where it was like three billion dollars in the previous Bull Run and I believe we’re going to Skyrocket past that um the

Phase that we’re in again I’ll talk about that later but the phase that we’re in it it’s phenomenal where we are um the dominance for Bitcoin is currently sitting at 52% or uh 52.7 1% and it’s up on the day so dominance is definitely going up which if we want to

See altcoin season actually happen dominance has to go down we have to see other things that are taking over but right now we’re not this is a brand new market that we’re trading in and I wanted to explain exactly why this is a brand new market

The reason why it’s a brand new market and a brand new reaction to how we have in the market is Bitcoin is going to move differently right because it has now traditionalists that are investing into it with an ETF while it does provide some negativity within it in the

Beginning typic L for any ETF you end up seeing that consistency within those markets because people are buying and holding uh an ETF is for you to buy and hold forever or hold for a very long time majority of people that bought those ETFs are buying it just to be the

First people to invest into it but then also consistently invest into it to be a part of cryptocurrency but not necessarily connected right to cryptocurrency at firsthand it’s like secondhand investing in cryptocurrency and that’s what it feels like especially if you’re uh trading on let’s say platforms like uh Charles swab and you

Know uh um I don’t know I was going to say Robin Hood but Robin Hood offers crypto but basically if you have a you typically invest on these platforms like Fidelity and Charles swab and all of those you’re traditionalist you’re investing into ETFs you’re investing into the stock market and now you’re

Investing into a brand new sector brand new market that has come to your table that has come to your plate right so it’s a a bigger deal especially for the traditionalists that um mainly focus on long-term trading so they’re going to hold a lot longer meaning that Bitcoin

Can grow stronger and stronger and that’s what you’re seeing now Bitcoin and ethereum both are running a massive amount they’re up uh 19 or almost 20% and 15% respectively you also see salana that’s up quite a bit which can also be tabled in there also be put in there a

Lot of things in the top um the top 10 or top 25 are actually moving quite a b bit but not as much as Bitcoin and ethereum are really moving the amount of traction the amount of push um within these positions is is massive you know seeing Bitcoin getting closer and closer

To the all-time high ethereum kind of halfway to that point right now uh maybe a little bit over halfway to that point but those two are really running the market right now we are not in altcoin season so what we need to have happen as you see other things are moving you see

2% 6% for cardano you see uh 6% or 5.5% for Avalanche 3% for Dogecoin all of that but you’re not seeing altcoins run aggressively like they should when you see altcoins run it’s like 10 20 30 40% 50 100% those are the levels that we see for altcoins they’re at a much lower

Market cap you can see a lot of money that flows into it and a lot of money ends up leading to higher percentages you see a lot of money that flows into Bitcoin but it already receives about a trillion dollar or has a trillion dollar market cap right now and you also have

You know $40 billion worth of volume in a day so um even more volume if you saw another billion dollars it’s not going to have the same reaction as if you saw a billion dollars in xrp another billion dollars in xrp because that’s doubling the volume another billion dollars for

Bitcoin is just adding a a small percentage point on uh the volume but for everything else you see a billion dollars that flows through it that’s a lot of money that’s a lot of movement right so we need the dominance to come down we need Bitcoin and ethereum to

Stall out which I don’t think we’re at that point yet to where Bitcoin and ethereum are going to stall out but if we look at the chart over on Marx if we go and uh bring up Bitcoin and we look at the chart where it is it is past a

Line of 49,000 like I did have before um when I did have that line it would it was looking to pass that point and now it’s up to this point where it’s looking to pass about uh 52 or 53 um th000 and if it gets to that point to

Where it does resist a little bit or holds at that level then we could see a lot of that money end up flowing into altcoins which will then bring it to an altcoin is season but I really don’t think that we are there yet we’re getting closer and closer every day

We’re getting closer and closer to allcoin season and when we do see that a lot of the things you know and love will absolutely explode and crypto will hopefully provide a lot of uh wealth for every individual that’s investing into it no matter really what you’re investing into because allcoin season

Will make everything fly so let me know your thoughts about altcoin season let me know your thoughts about where you believe uh Bitcoin will be and a lot of other things will be and and if you’re making any trades speaking of that if you guys want to start trading on Marx

And start trading with other people’s money you could start with $10 and do a 10x leverage and be trading $100 or or whatever right you can do a 5x Leverage which will give you a lot more leeway a lot more room to um you know if you get

Fully liquidated at a a lower price rather than right next to your your buyin price so anyways go ahead and check out Marx is a great platform and um yeah the crypto Market completely flipped it looks great right now we’re approaching the $2 trillion market cap

Level and I can’t wait for it to surpass it and I can’t wait for everything else to really pick up and see what I believe is going to be A1 trillion market cap for crypto crytocurrency and um yeah I can’t wait to see what leads the market

And how the top 25 changes so anyways hit that like button hit that subscribe button and I’ll catch you guys in the next one see you

25 Comments

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