The Crypto Bull Market Is Over?!?! This Chart Expert Is WRONG!!!

The Crypto Bull Market Is Over?!?! This Chart Expert Is WRONG!!!

how the markets didn’t look really great
and how things are falling down and it
may be a chance to purchase a lot of
positions I think that’s true still for
today we’re seeing the market that’s
down not down to a lower overall market
cap but either way we’re seeing things
that are down and um you know the market
is red um there’s some things that are
green but uh for the most part the
market is R now I think there are a lot
of people that are kind of worried about
where the market will head to uh where
we stand in this market the fact that we
hit two all-time or three all-time highs
with Bitcoin we expect to see the market
now pull back some people expect that
right um and pull back drastically
because they’re like all right well it
hit its alltime high before it did that
you know we saw an absolute collapse of
the overall crypto Market if you think
that this is the end of the bull run or
bull market and you know you’re
following somebody that’s an expert that
says that this is the end of the bull
market you’re out of your mind right if
this is the end of the bull market I
will chug 35 cases of water right 35 35
bottles of water one full case of water
I will chug it all and that’s not
healthy for your body like the point is
I don’t want to do that and I don’t
think that it is is the the bull uh the
end of the bull market right now I
really don’t but there are um experts
out there that do believe that so I want
to go into reasons as to why I believe
that they are
wrong um about this being the end of the
bull market and why this is still only
the first or second quarter of the bull
market so guys if you could make sure
you hit that like button hit that
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and if you guys want to check out my
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description where you can trade Bitcoin
ethereum at 100x leverage xrp jasm coin
at 50x leverage you can trade things
like Shinu and pepe at 25x leverage feel
free to check out those links uh or that
link down below sign up for Marx and
start trading today especially in these
down times where you could see a
long-term growth within your leverage
trade which typically people go
shortterm um especially if you go like
5x or 10x you can go longterm just uh
don’t do it with 100x CU it’ll be very
very risky especially with the
volatility of the crypto market so if we
look at where the crypto Market is right
now it stands at uh
2.36% uh down and we’re also looking at
uh you know $ 2.32 trillion market cap
um if we look at the Bitcoin dominance
it has increased it’s at 53.3 4% over
the last day
and we are seeing a lot of things in the
market that’s down right we’re seeing uh
Bitcoin that’s down 1% ethereum down 4%
tether is slightly down as well that’s a
stable coin it shouldn’t really be down
at all but you know give or take uh 1
cent or so or 01 Cent uh B&B is uh down
by
1.35% salana is down by 4.58% down to
130 that’s definitely surprising and
also seeing xrp at 50 cents Dogecoin at
uh less than 14 cents ton 5 cents or
sorry $5 uh cardano is down by 3% at 43
cents I feel like that’s a steel price
in where it stands and um I might want
to go ahead and get more I did take out
some cardano before uh while it was at
like 50 cents or something and I ended
up putting that into uh grock but now I
could essentially buy more cardano if I
wanted to cuz I feel like that’s going
to definitely increase to have at least
a 10x um in price you also see that
Shinu is down by 1.7% Avalanche if we
look at some things that are dropping
the most within uh the day we’re going
to see that Pendle is down by uh 16%
little Dow is down by 8% beam is down by
8% I feel like that’s a steel price
right there uh $1.2 billion market cap
2.3 cents that is definitely a steel
price I’ll have to look into buying a
little bit more of that today and
letting the patreon know whether I did
buy it uh dog with hat is sitting at um
a 7% decrease uh on the day so we’re
seeing a lot of things that are falling
quite a bit uh on this day uh in my
watch list just to kind of give you an
update there and exactly what I’m
looking at in my watch list some of the
things that are dropping the most you
have Reddit that’s dropping grock that’s
actually dropping a little bit but
that’s still at 1.1 C uh sink that’s
down by 8% magat Trump that’s down by 8%
I feel like that’s a good good level you
see beam I do have that and that’s down
by uh 8% as well jasm coin I’m down to
less than the 1.7 Cent so yeah I mean
these are a lot of positions that I have
that are decreasing but I do have some
ones that are increasing right we have
italic smart gas that’s actually making
a a major move here and it’s up by 20 uh
or sorry up by 22% 17% for the last 7
Days up to a $21 million market cap so
that has made a move as well as Kronos
making a 4% move uh that’s there but um
I wanted to talk about this right here
this this article where it talks about a
chat a chart veteran veteran who uh
predicted bitcoin’s 2018 collapse says
the bull market may be over and I really
don’t think that the bull market is over
I think the bull market is really just
getting started we saw Bitcoins rise and
then we see that trickle down effect to
altcoins we haven’t seen altcoin season
yet and until we see altcoin season I’m
not convinced that the bull market is
over so uh Peter Brandt um veteran chart
analysis and CEO of factor LLC uh who
was previously Uber bullish on bitcoin
uh has switched sides in a report shared
with uh coind uh
brand uh brand hopefully I’m saying his
name right with the T at the end uh
suggested uh that bitcoin’s upward
trajectory may be may have reached its
peak uh this uh starkly contrasts with
uh his February prediction uh that the
bull uh that the bull cycle or bullish
cycle starting from the the bare Market
lows in November 2022 uh could extend
out to De September 2025 with prices
reaching as high as 200,000 the latest
um projection is based on statistical
concept called exponential decay um
which um describes the process of
reducing the amount by a consistent
percentage over uh rate over a period of
time uh Bitcoin has historically has
historically traded uh within the
approximately four-year Bull and be
cycle uh often associated with the the
having events they there have been uh
three major bull market Cycles since the
um uh initial bull cycle and each cycle
has been an 80% less powerful than the
uh predecessor
predecessor um in uh terms of price uh
multiple gain if the statistical uh
constant of 80% Decay holds true um the
record high in in Bitcoin of uh
77383 of March 14th 2024 uh has already
reach the price uh uh consistent uh with
the the historical exponential decay
bran added bran predicted bitcoin’s uh
2018 collapse under
$4,000 so um obviously the way that he’s
looking at this is he’s seeing the the
decay of the price the lowest point that
you could possibly see and how this has
you know dropped down but I think what
he’s uh neglecting when you look at that
and you look at the Decay you look at
how far that has dropped you’re
neglecting the fact that one we haven’t
had an allcoin season in every single
one of these we’ve had an altcoin season
that has uh that has taken place where
Bitcoin uh the trickle down effect has
happened uh so the fact that we don’t
have that there and also you’re not
factoring in the highs if you look at
the difference in the highs between bull
cycles you see a substantial difference
in those highs the fact that we are not
seeing a substantial difference in the
high of 2021 to
2024 that’s where you’re not seeing that
happen right and I understand where
you’re you’re coming from um where the
80% will hold true but that 80% will not
hold true in this instance because of
the fact that we had all of the hyp
before the having actually happened we
had all of the pickup and pushup to this
before the having happened in no bull
cycle history have we ever had ETFs or
traditionalists that are looking to get
into the market this is a completely
different way of looking at things and
if we are comparing it to previous uh
places previous areas we are not going
to you’re not going to have that success
you’re going to have a lot of people
that end up losing out on on these
substantial gains that they’ll have not
only with Bitcoin but with so many other
altcoins because of the fact that you
believe that things are going to
decrease because of this exponential
decay we have to take this difference
and say okay um let me bring up let me
actually uh bring this over here and I’m
just going to bring up Excel really
quick and or maybe I’ll just bring up a
calculator yeah a calculator would
probably work wonders I mean I could
probably show it a lot better without
using a
calculator um bring this back over here
and then we’ll we’ll bring back up the
calculator
but uh let’s see let’s just do it by the
high so if we bring this in we’re doing
this real time didn’t think that I was
going to do this so let’s go in here and
let’s basically take the uh 68 oh sorry
let’s actually go back here and take the
68,000
68,9
198
um let’s take
away
uh
19,8 and we’re going to get
49,000 49,1 194 uh divided by divided by
the 19 uh,
804 and we get um 2.48 so
248 so if we say Okay
68,000 68,000 something simple as this
68,9 um
98 multiplied multipli by the uh what
200 what was it
248
per. 248 per you would have
that’s what we can expect in in range
when it comes to like the difference
between the highs the fact that we have
not seen difference between the highs
really by by anything um it’s just not
it’s not it right it’s it’s not the end
of the bull market that’s the way that I
see it right as simple as that I try and
simplify things because people like to
bring up old things that happen but then
neglect all of the new things that took
place we have um Hong Kong ETFs right we
have the bit coin ETFs uh for the US
right all of those ETFs traditionalists
that are consistently buying into it and
dollar cost averaging in it’s a
completely different ball game and if
people think that it’s the same thing
you’re absolutely wrong so let me know
your opinion in this do you feel like
the bull market is over do you feel like
we should just sell everything that we
we have right now and altcoins are not
going to make a run this year and that
they’ll end up making a run um in the
next Bull Run it’s not over it’s not
guys hit that like button hit that
subscribe button hit that notification
Bell for more of these videos also make
sure you check out some of the links
that are down below it does help out the
channel um I’m going to get out of here
and I will catch you guys in the next
one see you

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