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Bitcoin $100k + Altcoin Technical Analysis w/ Evan Aldo · The Paul Barron Crypto Show

0:05
Speaker 1: My name is Paul Barren. Welcome back in the tech path.
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1:23
Speaker 1: I want to bring in mister evan Aldo and we'll
1:25
Speaker 1: break down some coins today.
1:26
Speaker 2: How are you man.
1:29
Speaker 3: Doing? Fantastic? You know, it's a good day when you
1:31
Speaker 3: get the whale on the back right there.
1:33
Speaker 2: So let's see that you have right on hundred k.
1:36
Speaker 3: I like it, and they hit that one hundred k
1:38
Speaker 3: on the lives on this recording, so it is surreal.
1:42
Speaker 3: It's it's really surreal. You know, we've only been waiting
1:45
Speaker 3: for this day for some people have been waiting for
1:47
Speaker 3: this for many years now, so it's four years.
1:49
Speaker 1: Fantastic, Yeah, says twenty twenty one about this time too,
1:54
Speaker 1: in twenty twenty one. So let's go over and take
1:56
Speaker 1: a look at XRP. XRP absolutely flying up the charts
2:00
Speaker 1: right now, thirty percent in the last twenty four hours
2:02
Speaker 1: at this time, right now, setting at a dollar forty six.
2:07
Speaker 1: Many people are looking at this possibly even a two
2:10
Speaker 1: dollars uh XRP. I that's crazy to say, but we
2:13
Speaker 1: could see a two dollar XRP. Evan, what is your
2:16
Speaker 1: opinion right now on XRP and where this might be going.
2:21
Speaker 3: Let's take a look. So XRP has you know, come
2:24
Speaker 3: out of the depths of you know, I don't want
2:27
Speaker 3: to say it, but this thing has you know, just
2:29
Speaker 3: finally broken upward and I mean just been some basic
2:32
Speaker 3: ta out of this you know triangle pattern, basic triangle
2:35
Speaker 3: pattern that we've been in for a long long time,
2:37
Speaker 3: many years. Now you got to target all the way
2:40
Speaker 3: up at six dollars. Now, that could be a good
2:42
Speaker 3: goal for the next thing. You could maybe get that
2:45
Speaker 3: from a dollar forty five right here? What is that?
2:47
Speaker 3: That's about three hundred percent so nothing too crazy. I
2:50
Speaker 3: think that's a realistic goal for the end of twenty
2:53
Speaker 3: twenty five. Now to answer your question, two dollars by
2:56
Speaker 3: the end of the day, I think that's a little
2:58
Speaker 3: bit to way. Yeah, too optimistic. A dollar sixty eight
3:03
Speaker 3: not not too more realistic, more realistic. So yeah, I
3:08
Speaker 3: think potentially jumping up a little bit higher we're you know,
3:10
Speaker 3: dollar fifty, a little bit of commotion year, a little
3:12
Speaker 3: bit consolidation, but I think you're generally, you know, kind
3:16
Speaker 3: of home free for a lot of these looking like
3:18
Speaker 3: some good continuation on the sixteen hour. If you could
3:20
Speaker 3: break through that dollar sixty six, then I mean my
3:24
Speaker 3: next FIB level. Yeah, I mean, if you could eat
3:27
Speaker 3: all time highs around two dollars, that'll prank give me
3:29
Speaker 3: some trouble, But I mean, yeah, I think you're probably
3:32
Speaker 3: at least going to get up to three, you know,
3:34
Speaker 3: to ninety this FIB level by sometime next year. I mean,
3:37
Speaker 3: I'm pretty bulli from XRP. You know, do I think
3:40
Speaker 3: XRP is going to be the best coin to buy
3:42
Speaker 3: right now? A lot of other things, No, I mean,
3:44
Speaker 3: most of the people that are invested in this are
3:46
Speaker 3: getting dentures and they're in wheelchairs, so I mean.
3:49
Speaker 1: Well or easy easy, easy, Well they've been they've had
3:54
Speaker 1: the RP. Yeah, you're holding it for so long, that's
3:57
Speaker 1: for sure. The good thing about XRP is I have
4:00
Speaker 1: a feeling that Brad garling House and his team have
4:04
Speaker 1: some things lined up for sequential releases in early twenty
4:08
Speaker 1: twenty five that might be a lined up with the
4:12
Speaker 1: new Trump administration, so be on the lookout for some
4:15
Speaker 1: things happening around that. That's the only reason I'm still
4:19
Speaker 1: really very positive at where xrp's potential is. Eleanor Tarrett
4:22
Speaker 1: came in with a scoop today. Obviously we know that
4:26
Speaker 1: there's talks right now between the SEC and issuers right
4:30
Speaker 1: now to launch a sole spot ETF if this actually
4:33
Speaker 1: goes through, which there are some S one applications according
4:36
Speaker 1: to people who are working with that, and there's a
4:39
Speaker 1: good chance they could see some nineteen B four filings,
4:42
Speaker 1: which basically means they're getting an ETF ready to launch.
4:46
Speaker 1: And you look at the players right here, it's all
4:48
Speaker 1: the typicals, but you've got van Eck, you got twenty
4:51
Speaker 1: one shares in there, canaries in there.
4:53
Speaker 2: But bit wise, of course.
4:55
Speaker 1: Matt Hogan and his team, I think that one will
4:57
Speaker 1: be a good one.
4:58
Speaker 2: That will be a question.
5:00
Speaker 1: I think that could really accelerate Solana maybe into that
5:05
Speaker 1: next level of maybe three hundred bucks, maybe all the
5:09
Speaker 1: way up to four hundred. Do you see a top
5:11
Speaker 1: right now on Solana? What's your opinion.
5:15
Speaker 3: I don't see any significant top at the moment. You know,
5:19
Speaker 3: we are hitting one significant point two sixty six. I
5:22
Speaker 3: don't think it's gonna be you know, that bad here
5:26
Speaker 3: as you can see kind of your you know, coming down,
5:28
Speaker 3: you may get a bear dive that brings down a
5:31
Speaker 3: little bit. We haven't exactly hit that level though, but
5:33
Speaker 3: I could see some consolidation. I mean, you're coming up
5:36
Speaker 3: a lot. There's gonna be some type of pullbacks. I mean,
5:38
Speaker 3: it would be healthy to come back to two on
5:40
Speaker 3: nine maybe and then jump up to that four hundred mark.
5:43
Speaker 3: This is a huge mark right here. I got it
5:45
Speaker 3: labeled out former December eleventh. So over the next two
5:48
Speaker 3: three weeks, if we can stay good, I think the
5:51
Speaker 3: most optimistic goal would be around four hundred, you know,
5:54
Speaker 3: by that time, potentially long term. I mean, I don't
5:59
Speaker 3: think you're gonna go I mean, I don't think you're
6:02
Speaker 3: gonna go up to one thousand for this. I mean
6:04
Speaker 3: I think that my kind of area is that you
6:07
Speaker 3: may see you know, a sideways kind of once that
6:09
Speaker 3: etf and stuff comes into fruition, more of a sideways
6:13
Speaker 3: you know, the news has already played out and maybe
6:14
Speaker 3: coming up to you know that six hundred seven hundred
6:17
Speaker 3: into the end of the year. So I mean probably
6:20
Speaker 3: a three x two to three x would be my
6:23
Speaker 3: goal for this in the long term. Let's be real.
6:25
Speaker 3: I mean, it's a large market cap. It's a one
6:27
Speaker 3: hundred and twenty billion dollar market cap. Do we think
6:29
Speaker 3: it's going to go up to five hundred billion? Probably not,
6:31
Speaker 3: But can it go up to three hundred billion or
6:33
Speaker 3: a little bit more in that probably I think that's
6:35
Speaker 3: a good goal. So yeah, I mean short term, I
6:37
Speaker 3: could see some consolidation. I think you're inevitably going to
6:40
Speaker 3: hit this three sixty mark and then that four hundred mark,
6:42
Speaker 3: hopefully by the end of the year.
6:44
Speaker 1: Here, So you're saying two to three X on Solana
6:47
Speaker 1: is the potential wind of for for Saul, you know,
6:51
Speaker 1: I think so at five hundred to seven fifty.
6:56
Speaker 3: That's that's what I think in that range is that's
6:58
Speaker 3: what I think. So I could be wrong. I hope
7:00
Speaker 3: I'm wrong. I mean, you know, a thousand dollars would
7:02
Speaker 3: be nice, but I think that's a little bit too optimistic.
7:05
Speaker 2: Too optimistic. Well, we'll see.
7:06
Speaker 1: I mean, there could be some very interesting things that
7:09
Speaker 1: happen around the ETF that didn't happen with the big
7:13
Speaker 1: or excuse me, the ETF, which I think is still something.
7:16
Speaker 1: We are going to break down ether and bitcoin for
7:18
Speaker 1: you guys, so stick around on that. By the way,
7:21
Speaker 1: if you guys haven't subscribed, right now is a good
7:23
Speaker 1: time just jump in. Right now we hit the eight
7:25
Speaker 1: hundred k mark, so we want you to subscribe. Be
7:28
Speaker 1: part of it because we're getting a lot of new viewers,
7:30
Speaker 1: in fact, almost pacing our existing viewers, which is great.
7:34
Speaker 1: So welcome to the channel. I appreciate you guys coming in.
7:37
Speaker 1: Another thing I want to hit on right here is
7:39
Speaker 1: what's happening with micro Strategy and let me kind of
7:41
Speaker 1: zoom up on this so you can.
7:43
Speaker 2: Read it a little bit better.
7:45
Speaker 1: Retail investors now bought forty two million worth of micro
7:48
Speaker 1: Strategy MSTR on Wednesday, marketing the largest daily retail buy
7:52
Speaker 1: eight times higher than the daily average that was seen
7:55
Speaker 1: in October. That's basically eighty seven million worth of Come
8:00
Speaker 1: and He shares. Now what's happening is then Master is
8:03
Speaker 1: coming in and they're going in and possibly selling some
8:08
Speaker 1: stock and also going in and leveraging against that for
8:11
Speaker 1: acquiring a new bitcoin. My question to you is which
8:15
Speaker 1: is the better play, Master or Bitcoin. I want to
8:19
Speaker 1: play a clip for you before you answer that, and
8:22
Speaker 1: we'll go to Kramer because he's going to give us
8:24
Speaker 1: his opinion.
8:24
Speaker 2: Take a look.
8:26
Speaker 4: All right, So here's here's the deal. I've owned this
8:29
Speaker 4: stock for a long time, since twenty twenty three. I'm
8:31
Speaker 4: up over one thousand percent right now. I don't plan
8:34
Speaker 4: on selling it. In fact, after today's correction, I plan
8:37
Speaker 4: on buying more. But I love what the CEO does.
8:41
Speaker 4: He's a man, the myths, the legend, Michael Saylor. The
8:43
Speaker 4: stock is Micro's strategy.
8:44
Speaker 3: What do you you go?
8:46
Speaker 5: Mstr? We used to call that mister Mstr. I've got
8:49
Speaker 5: to tell you it's a bitcoin play. I prefer to
8:51
Speaker 5: actually on bitcoin. I know that shit, try and put
8:53
Speaker 5: some sort of short on it. All I can tell
8:55
Speaker 5: you is own bitcoin. That's a winner, and that Lenny
8:58
Speaker 5: Jump's conclusion of the the.
9:02
Speaker 1: Lightning round back from Kramer. I don't know if I
9:05
Speaker 1: would go in versus Kramer on this right now or not.
9:08
Speaker 1: But do you like Bitcoin better than Master right now?
9:12
Speaker 1: I mean, because many people may look at if you
9:14
Speaker 1: bought bitcoin today, there's only so much upside.
9:17
Speaker 2: What's your opinion?
9:19
Speaker 3: I kind? I mean, I don't agree with Kramer. I
9:23
Speaker 3: don't agree. I think, I mean, it depends. There's a
9:26
Speaker 3: time and a place for everything. But I think as
9:28
Speaker 3: we get into twenty twenty five, where alts tend to
9:31
Speaker 3: do better, where things that are a little bit more
9:33
Speaker 3: volatile tend to do better, I would probably guess that
9:37
Speaker 3: micro strategy would do a little bit better. Now let's
9:39
Speaker 3: let me just look at that chart. Now, let's look
9:41
Speaker 3: at MicroStrategy versus Bitcoin right now, and it's outperformed it
9:44
Speaker 3: since June of twenty two, since that bottom there. Now,
9:48
Speaker 3: it's generally bled a lot against Bitcoin throughout those areas.
9:51
Speaker 3: But I mean, you got to realize he wasn't buying
9:54
Speaker 3: bitcoin until I forget exactly when they got in. But
9:57
Speaker 3: since they bought bitcoin, it has gone up. So it
9:59
Speaker 3: looks good here. You know, I think you might be
10:02
Speaker 3: able to outperform Bitcoin by least from where we are
10:08
Speaker 3: right now. Let's see pay at least another fifty percent
10:11
Speaker 3: over the next year.
10:12
Speaker 2: Looks likely interesting.
10:13
Speaker 3: You know, I would have to keep an eye on
10:15
Speaker 3: these charts, but I would view it as an all coin.
10:18
Speaker 3: You know, most likely a lot of them are going
10:20
Speaker 3: out perform Bitcoin over the next eleven twelve months. And
10:23
Speaker 3: you know, usually if you bet against whatever Kramer says,
10:27
Speaker 3: usually or right. Not always though, But yeah, so.
10:30
Speaker 2: Evan, I got a question for you.
10:32
Speaker 1: This is something that is a thesis that I've been
10:34
Speaker 1: looking at for some time, and that is, do we
10:37
Speaker 1: get a little bit of a sell the news event
10:41
Speaker 1: on bitcoin as it as it reaches one hundred k
10:44
Speaker 1: goes in to say January, we could be at somewhere
10:47
Speaker 1: between one ten one point fifteen into the Trump inauguration.
10:53
Speaker 1: At that point, do you think that we would see
10:56
Speaker 1: a retracement on bitcoin? Because I believe we might see
10:59
Speaker 1: it come back under one hundred k again, maybe all
11:02
Speaker 1: the way down to maybe eighty or ninety after Trump
11:07
Speaker 1: is inaugurated, and at that time it's going to be
11:10
Speaker 1: money flowing into all coins.
11:12
Speaker 2: What's your thought on that theory?
11:15
Speaker 3: If history repeats, we will see exactly that, Paul. Yeah,
11:19
Speaker 3: that's what we saw kind of last time, the January
11:22
Speaker 3: kind of thaw down where bigcoin crashed and surprisingly the
11:25
Speaker 3: majority of alts didn't crash is badly. And let me
11:28
Speaker 3: show you in the chart. I'll kind of map that
11:30
Speaker 3: out a little bit for you here, which is what
11:32
Speaker 3: I'll show you kind of what I think is going
11:34
Speaker 3: to happen on our daily time frame. So we're approaching
11:36
Speaker 3: a huge, huge area. I marked out one hundred K,
11:38
Speaker 3: but really one hundred K isn't the biggest area on
11:42
Speaker 3: my chart. I have one oh six K, and then
11:44
Speaker 3: all the way up to what you mentioned. Yeah, maybe
11:46
Speaker 3: one hundred and thirty K high one hundred and twenties
11:50
Speaker 3: at the appsolute. This is kind of the max that
11:51
Speaker 3: could potentially see us at the end of the year
11:53
Speaker 3: one hundred and thirty K. But say we get up
11:56
Speaker 3: to let's just be a compromise, meet in the middle.
11:59
Speaker 3: They we're at into year one twenty or something end
12:01
Speaker 3: of December, then you come back down thirty percent, correction
12:06
Speaker 3: would be eighty six. I would assume your correction would
12:08
Speaker 3: probably be at least twenty percent down, like ninety five
12:11
Speaker 3: playing around at that hundred mark, and then potentially I
12:14
Speaker 3: just can't believe I'm saying numbers these big looking at
12:16
Speaker 3: the TA is just insane. Down to one hundred crash
12:19
Speaker 3: down to one hundred, I'm just saying, but yeah, twenty
12:23
Speaker 3: eight percent down. So I would guess, yeah, if you
12:25
Speaker 3: were to come down to I mean this is my
12:27
Speaker 3: kind of guess here, some consolidation boring this with the
12:30
Speaker 3: holiday and then maybe that January thaw that we've seen,
12:33
Speaker 3: you know, in the four year cycle each time, I believe,
12:36
Speaker 3: and then a big kind of buy opportunity. In all likelihood,
12:40
Speaker 3: I would be buying alls heavily right here if I
12:43
Speaker 3: have any cash left. If I don't and it's already
12:45
Speaker 3: in alts, that's good too, just hold on to it.
12:47
Speaker 3: But not financial advice. But I think this is going
12:50
Speaker 3: to be the big kind of place in January. If
12:52
Speaker 3: we come down below one hundred king January, that's where
12:54
Speaker 3: all it's likely will crash less than bitcoin and they
12:57
Speaker 3: will continue to perform bitcoin for the next.
12:59
Speaker 1: Eleventh Okay, So that is something that I'm watching, is
13:03
Speaker 1: that if you do see bitcoin, let's say it blasts
13:06
Speaker 1: through one hundred ko, because that'll be a resistance area.
13:08
Speaker 1: But we could see some additional because timing wise, it's
13:12
Speaker 1: set up right in the sense of if you could
13:15
Speaker 1: have mapped this out, it's perfect to go into the
13:17
Speaker 1: inauguration January twentieth and potentially see a retracement off that.
13:22
Speaker 1: Here's my real question is when you look at you know,
13:25
Speaker 1: because right now I look at trying. You know, I
13:28
Speaker 1: still put a lot of cash on the sideline always
13:31
Speaker 1: for dips and potential entries. Most of the also have
13:35
Speaker 1: been moving somewhat slow, and we'll take a look at
13:37
Speaker 1: Avalanche as a good example only here recently, Cardonal which
13:41
Speaker 1: we'll also look at XRP, which we've looked at, and
13:44
Speaker 1: SWEE also starting to stall. All of these could be
13:48
Speaker 1: facing maybe I retracement down if Bitcoin does fall. And
13:53
Speaker 1: my point is if Bitcoin comes down twenty percent, could
13:56
Speaker 1: alts be affected even more than twenty percent before we
14:00
Speaker 1: see that all coin run.
14:04
Speaker 3: If history repeats itself, no, the majority of them will
14:09
Speaker 3: outperform Bitcoin on the way down. And let me actually
14:11
Speaker 3: show you a chart real quick though explains that. Look,
14:14
Speaker 3: if we go to where is it right now, I'll
14:17
Speaker 3: get it up others versus Bitcoin right here. I believe
14:22
Speaker 3: I circled out the area here. Okay, that'sh it's gone.
14:27
Speaker 3: But anyway, I'll just show you exactly where it was.
14:30
Speaker 3: Others right here exactly four years ago, bottomed out in
14:34
Speaker 3: December twenty twenty. Look at what happened through that pullback.
14:38
Speaker 3: We had a pullback in January around here. All coins
14:42
Speaker 3: as a whole, everything outside of the top ten in
14:45
Speaker 3: market cap outperformed Bitcoin by a lot, by one hundred
14:49
Speaker 3: and thirty seven percent throughout that pullback, and continued to
14:53
Speaker 3: do so all the way until January, essentially beginning of
14:55
Speaker 3: January twenty two to two, big peak for it. With
14:58
Speaker 3: May of twenty one, as we know, same exact thing happened.
15:02
Speaker 3: If we go to Oh yeah, I circled it right
15:04
Speaker 3: here December of twenty sixteen, and I believe I could
15:08
Speaker 3: be wrong, correct me if our arm, but I believe
15:10
Speaker 3: there was a pullback in January or some point in
15:12
Speaker 3: the beginning of twenty seventeen. I think it was in
15:15
Speaker 3: January or February. Throughout all that all coins still performed
15:18
Speaker 3: Bitcoin by hundreds of percentages, so a lot there. So
15:23
Speaker 3: if history repeats itself. Now there's meme coins and other
15:27
Speaker 3: nonsense out there that obviously could go to zero. I'm
15:30
Speaker 3: sorry if your peanut the scroll goes to zero, but
15:32
Speaker 3: I mean the majority of all coins well should yeah, yeah.
15:38
Speaker 1: You've made enough nuts out there, it's time to sell
15:41
Speaker 1: the peanut.
15:42
Speaker 2: There's a handful, though I think there's some.
15:44
Speaker 1: There's a lot of memes yet to be defined that
15:47
Speaker 1: are going to most likely be winners on this and
15:49
Speaker 1: most likely we'll see maybe another meme that could dethrone
15:54
Speaker 1: Doge and we'll.
15:55
Speaker 2: Talk about Doge. But I want to jump to Swee
15:58
Speaker 2: for a second.
15:58
Speaker 1: Sweet Foundation enter into a strategic partnership now with Franklin Templeton.
16:03
Speaker 1: This is a pretty big deal for Sweet. And you know,
16:06
Speaker 1: when you look at Swee, originally many people were looking
16:10
Speaker 1: at this token and we're still kind of looking at
16:13
Speaker 1: as an alternative. But if you look at what's happening
16:16
Speaker 1: now is we're seeing this almost become an alternative to Solana.
16:21
Speaker 1: Many people look at Sweet and Solana as being maybe
16:25
Speaker 1: a leverage play. When you look at Sweet right now,
16:28
Speaker 1: do you like this as an entry as it sets today?
16:32
Speaker 1: If you were investing in this versus say the other
16:35
Speaker 1: high margin tokens like Solana, which has also moved up significantly,
16:40
Speaker 1: which one would you pick?
16:41
Speaker 2: And what does the chart show?
16:44
Speaker 3: Well? I think the number one thing we got to
16:46
Speaker 3: realize that people lose a lot of money with is
16:48
Speaker 3: picking just one coin. It's all about diversification. So if
16:51
Speaker 3: I were to pick Suiey versus Solana, it would be tough.
16:54
Speaker 3: I mean it depends how much risk I want to take.
16:56
Speaker 3: Do I want to get a ten X, I would
16:58
Speaker 3: pick suey sweet or excuse me sweet if I want to
17:00
Speaker 3: just get a safer two or three X, so it
17:02
Speaker 3: obviously picks the lon. It depends on my risk tolerance.
17:05
Speaker 3: You definitely have you know, better odds with getting more
17:08
Speaker 3: with SWEE, But there's gonna be a little bit more
17:09
Speaker 3: risk there, given that we're in you know, that rare time,
17:13
Speaker 3: that rare year, twenty twenty five post having year. Most
17:17
Speaker 3: likely if you pick SWEE, it will do better than
17:19
Speaker 3: Solana over the course of the next eleven months. Is
17:21
Speaker 3: that guaranteed? Of course not, But I think you got
17:24
Speaker 3: a good shot at I think it's pretty inevitable to
17:26
Speaker 3: at least double from here, get up to seven dollars.
17:30
Speaker 3: After that, we could draw you know, we can mess
17:32
Speaker 3: with other FIB levels and stuff. I mean, it's in
17:34
Speaker 3: price discovery mode. Let's see what else we could do.
17:37
Speaker 3: We could try to do a FIB from there to
17:39
Speaker 3: there that kind of gives us the same area. You
17:41
Speaker 3: get to kind of mess around with this a little bit.
17:43
Speaker 3: We could Oh, let's see, we could do from the
17:46
Speaker 3: inception of it all the way down here, you can
17:48
Speaker 3: get some high numbers. Fourteen dollars that would be pretty crazy.
17:52
Speaker 3: Ten dollars, that's an obvious point. Let's see what those are.
17:54
Speaker 3: I mean three hundred percent would be average. Okay, so
17:58
Speaker 3: three hundred percent I think the average all can do
18:00
Speaker 3: something around there. I would have to relook at this
18:03
Speaker 3: at fifteen dollars. I mean a lot has already happened
18:06
Speaker 3: with this, so it's up six hundred percent. My goal
18:09
Speaker 3: on this would be around fifteen dollars. That's what I'd
18:11
Speaker 3: be kind of looking at. Can Salana do that? Probably not?
18:14
Speaker 3: So to answer your question, I think Sue is probably
18:17
Speaker 3: nothing promised, but probably the better bet there.
18:21
Speaker 2: Theoreum is on the move again.
18:23
Speaker 1: Futures and open interest hits a new all time high
18:26
Speaker 1: over twenty bill, possibly a bullish moment for eth. Do
18:31
Speaker 1: you think that this is the bullish moment because we've
18:33
Speaker 1: been faked out here before at thirty five hundred? Is
18:37
Speaker 1: this another fake out on ethereum?
18:41
Speaker 3: I don't think it's a fake out. Well, it's you know,
18:44
Speaker 3: I think we're kind of as long as we can
18:45
Speaker 3: hold this area. I don't think it's a fake out.
18:47
Speaker 3: Right around thirty three hundred. I mean, if we're going
18:49
Speaker 3: to lose this, you know, badly, then then you could
18:51
Speaker 3: kind of get your fake out. But I think that,
18:54
Speaker 3: I think that you're going to be inevitably right by
18:57
Speaker 3: the end of the year shot up to thirty eight hundred.
19:00
Speaker 3: That's my kind of goal. Thirty eight three nine hundred
19:01
Speaker 3: this line right here, and a year is excuse me,
19:05
Speaker 3: my goal for it. I mean, it looks good in
19:07
Speaker 3: your your higher timeframes. It's look good for a while now,
19:10
Speaker 3: and it's you know, finally starting to see the light
19:12
Speaker 3: of day. A little bit trigger wave up on your
19:14
Speaker 3: two week that looks great. I mean, macro looks really
19:16
Speaker 3: good green dot in your three week right there. So yeah,
19:20
Speaker 3: I mean I think it's generally going to be really good.
19:22
Speaker 3: I mean, if you do fall down and reject from
19:25
Speaker 3: this level, I mean, I guess you could retest twenty
19:28
Speaker 3: eight hundred. It's absolutely possible if everything does come down.
19:32
Speaker 3: I kind of don't think you will, but you could
19:34
Speaker 3: do something like that. That's obviously, you know, I mean
19:37
Speaker 3: the volatility of it. But I think inevitably and a
19:40
Speaker 3: year would be kind of my goal for you know that.
19:42
Speaker 3: Thirty six yeah, four thousand right there in that point,
19:45
Speaker 3: so you could hit that that area. I mean, it's
19:48
Speaker 3: hard to map it out in terms of time. You know,
19:50
Speaker 3: this could take up to maybe February to hit that
19:52
Speaker 3: four thousand, but you're going to go up. In all
19:55
Speaker 3: likelihood it would be high liven like that.
19:57
Speaker 2: You what's your prediction for ETH on this bull run?
20:04
Speaker 3: They'll show you exactly where it. Yeah, let me map it. Eyes,
20:08
Speaker 3: I got it. I got a good way to show
20:09
Speaker 3: you that. It's around seven eight thousand, but I think
20:12
Speaker 3: it's gonna follow. I believe it's this this general So
20:18
Speaker 3: the absolute low end around the old all time high.
20:21
Speaker 3: That would be worst case scenario where he just doesn't
20:24
Speaker 3: give us what we need. The high the absolute high
20:28
Speaker 3: end would be around eight thousand right here, I think.
20:31
Speaker 3: I mean, I guess it's possible to go up to
20:32
Speaker 3: nine thousand. I think that's kind of unlikely, though. Eight
20:34
Speaker 3: thousand would be the high end, middle range, you know,
20:37
Speaker 3: six thousand, those kind of areas right there. But if
20:40
Speaker 3: I had to guess, I'm kind of optimistic on ETH
20:43
Speaker 3: maybe maybe eight thousand.
20:45
Speaker 2: From where we are, and you're holding to eight, we
20:48
Speaker 2: get this question a lot.
20:49
Speaker 1: You're holding ETH right now, you're an investor, maybe it's
20:53
Speaker 1: a sizeable position of your portfolio. Would you detach from
20:57
Speaker 1: ETH as it is right now, already four hundred round
21:02
Speaker 1: and play it into another big mover for better gains?
21:08
Speaker 2: Would you run that risk?
21:09
Speaker 3: I would not. I would not put it into just
21:12
Speaker 3: one big mover for better Okay, So yes, all right,
21:17
Speaker 3: But I would put it into diverse of it. Yeah, yeah,
21:19
Speaker 3: I would put it into a lot of different things,
21:21
Speaker 3: because we know from experience that things change with coins.
21:25
Speaker 3: So yeah, I think in all likelihood something like Cardano
21:27
Speaker 3: will probably perform ETH. I know that Avax will probably
21:30
Speaker 3: up perform Solana will probably perform Eath by at least
21:32
Speaker 3: a little bit over next Leven. Okay, I could go
21:35
Speaker 3: on maddic you know, yeah, yes, And so in all likelihood, yes,
21:38
Speaker 3: all coins will be interesting.
21:39
Speaker 1: All right, So there you go. So Eth as an
21:41
Speaker 1: alternative player. That's why I'm concerned about ETH running in
21:46
Speaker 1: this bull run because it has been such a laggard.
21:49
Speaker 1: I think people now see where the players are and prior,
21:53
Speaker 1: you know, we we only had a handful of winners
21:56
Speaker 1: in the last cycle where ETH was running, and it
21:59
Speaker 1: became kind of the stock and only did Salona kind
22:02
Speaker 1: of snuck in under the gun. You know, Cardono hit
22:05
Speaker 1: three bucks. Okay, that one was an expected run, but
22:09
Speaker 1: I think a lot of people were banking on eight
22:11
Speaker 1: and it did its job. You know, it did do
22:12
Speaker 1: a great job coming from a thousand dollars forty five hundred.
22:15
Speaker 2: So that's the question mark.
22:17
Speaker 1: Now it's the timing for eth in this cycle as
22:21
Speaker 1: opposed to some of these other tokens. Speaking of the
22:24
Speaker 1: other tokens, I want to jump over to Avalanche. Avalanche
22:28
Speaker 1: is now over forty dollars. Again, we're hovering at that
22:31
Speaker 1: as a time of recording some of the things that,
22:34
Speaker 1: of course happened. They got the Off the Grid thing going,
22:37
Speaker 1: which has been absolutely historic, and they're going to have
22:42
Speaker 1: these huge game ecosystems I think starting to surround what's
22:45
Speaker 1: happening within Off the Grid. And I don't think this
22:49
Speaker 1: one's completely done. I think Off the Grids has still
22:52
Speaker 1: got a lot more run time in terms of exposure
22:55
Speaker 1: and the likelihood of it being you know, a top game,
22:57
Speaker 1: being a Web three game is just amazing with avas
23:02
Speaker 1: and you look at the chart and where it's holding
23:04
Speaker 1: right now around forty dollars, which is a great gain
23:07
Speaker 1: almost I think it was almost eighteen percent on mine.
23:10
Speaker 1: I had had the chart up here just a second
23:13
Speaker 1: ago on the close to where we are right now,
23:15
Speaker 1: seventy almost eighteen percent on growth in the last two days.
23:20
Speaker 2: So what's your position right.
23:21
Speaker 1: Now on avalanche long term?
23:26
Speaker 3: It's really bullish. I mean we're not even just look
23:29
Speaker 3: at our yearly high sixty dollars, so there's more room.
23:32
Speaker 3: There's absolutely room, and that would be a good goal
23:34
Speaker 3: by the end of the year, getting up to the
23:35
Speaker 3: sixty dollars mark. I mean, if you look at high
23:38
Speaker 3: time frames, like a lot of other things. Right now,
23:40
Speaker 3: you got your trigger wave on the three week I believe, Yeah,
23:43
Speaker 3: it looks like the first time ever, so very rare
23:46
Speaker 3: bulish sign that could easily bring us up to the
23:48
Speaker 3: sixty dollars mark. Now, if you can get up there
23:50
Speaker 3: and hold that, then you're looking at potentially new all
23:52
Speaker 3: time highs around that one twenty or more. If you
23:55
Speaker 3: can make new all time highs. The big area I'm
23:58
Speaker 3: looking at is two thirty all the way up to
24:01
Speaker 3: six three sixty eight, and if we look at where
24:04
Speaker 3: that is from right now, five hundred percent all the
24:07
Speaker 3: way up to maybe if the stars aligned in the
24:11
Speaker 3: right way, nine to ten x from work.
24:14
Speaker 1: So you're still saying that is avax is a ten
24:17
Speaker 1: x token from where it is today.
24:19
Speaker 3: If the stars aligned, if everything goes, but if everything
24:25
Speaker 3: goes in the best possible way.
24:26
Speaker 1: Yes, all right, so you've been bragging about you've been
24:29
Speaker 1: bragging about Cardinal. We got to take a look at
24:31
Speaker 1: the chart Cardono open interest stores almost fifteen percent.
24:35
Speaker 2: This hits a new high.
24:37
Speaker 1: Uh, this is a cool thing because Cardano, I think,
24:40
Speaker 1: has been one of those what was that almost eight
24:42
Speaker 1: hundred almost nine million, eight hundred and fifty million worth
24:45
Speaker 1: of eight to right now over seven hundred and sixty
24:47
Speaker 1: one million actually in value. So when you look at
24:52
Speaker 1: Cardono and where it is, I'm kind of zoom up
24:54
Speaker 1: on that. So you guys get those data points. You
24:56
Speaker 1: look at Cardono and what it did in the last run.
24:59
Speaker 1: Remember that its rally in the last run took it
25:03
Speaker 1: up considerably into that three dollars token. It was one
25:07
Speaker 1: of it was one of my biggest winners. Your point
25:11
Speaker 1: right now, do you think it overtakes it's three dollars
25:14
Speaker 1: high from twenty twenty one?
25:18
Speaker 3: Probably you got a good chance. I mean, I don't
25:20
Speaker 3: know that's a million dollar question, Paul, but I mean
25:21
Speaker 3: you got a good chance at it. Yeah. I mean
25:23
Speaker 3: when we look at the chart, you know, you broke
25:26
Speaker 3: up off of this area, you know, this big range
25:28
Speaker 3: that we've been in for years. You have one target
25:32
Speaker 3: right around here, you know, mid twos. If you can
25:35
Speaker 3: break above that, then theoretically your next big place is
25:39
Speaker 3: going to be around five dollars high. For you got
25:42
Speaker 3: a giant trend line all the way up at eight dollars.
25:46
Speaker 3: I mean that was some prediction people have last cycle.
25:48
Speaker 3: Eight dollars. Yeah, that's seven hundred percent from where we
25:52
Speaker 3: are right now. So to answer your question, it's possible.
25:56
Speaker 3: I would think the worst case scenario is probably two
25:59
Speaker 3: dollars and twenty sense for this. So yeah, yeah.
26:02
Speaker 1: I know there's a lot of argument out there from
26:04
Speaker 1: cryptogs that would say, why why go Cardona when there's
26:07
Speaker 1: so many other you know, fast moving tokens, a lot
26:10
Speaker 1: more partnerships, all these other things. And I think when
26:14
Speaker 1: you look at the community, because this is this something
26:16
Speaker 1: that we talk about here on our channel quite a bit,
26:18
Speaker 1: is community and culture within crypto is a big part
26:23
Speaker 1: of why a lot of these tokens run at specific times.
26:26
Speaker 1: Just take a look at XRP and where it's going.
26:28
Speaker 1: This is pent up demand for a very rabid community,
26:32
Speaker 1: so it definitely has an opportunity. Another rabid community out there,
26:37
Speaker 1: speaking of dogs, is doche coin, and this, of course.
26:40
Speaker 2: Is eyeing a new high.
26:42
Speaker 1: Some people are saying two dollars and forty I mean,
26:46
Speaker 1: come on, two dollars and forty cents for doge coin,
26:50
Speaker 1: Come on, give me, give me a break. Is there
26:52
Speaker 1: any possibility we can see that kind of high?
26:56
Speaker 3: So typically when I see outrageous numbers, I divide them
26:59
Speaker 3: by two or three and my charts will reflect that.
27:04
Speaker 3: When we look at doge coin, the two big areas
27:06
Speaker 3: I have right now are one seventeen and then one
27:09
Speaker 3: ninety one. If this is assuming we do make a
27:12
Speaker 3: new all time high, that's not we probably will at
27:15
Speaker 3: this point. But you know, anything could happen with this
27:18
Speaker 3: two hundred percent from where we are as a dollar nineteen,
27:20
Speaker 3: I think the average all coin can do two to
27:22
Speaker 3: three hundred percent. Could this get three hundred and sixty
27:26
Speaker 3: percent up to a dollar ninety? I mean maybe? I
27:29
Speaker 3: mean it's gonna take time. It's definitely gonna take time,
27:32
Speaker 3: but I can see it happens. I mean, whether you
27:35
Speaker 3: like doge coin or not, or just think it's kind
27:37
Speaker 3: of a you know, it makes crypto look bad, you know,
27:40
Speaker 3: whatever that may be. But yeah, it's generally explosish. I mean,
27:43
Speaker 3: you're hitting kind of a big area right here, that
27:45
Speaker 3: forty cent mark. I mean, it bounced around those general
27:48
Speaker 3: areas before for a while, so it's gonna take time.
27:52
Speaker 3: I mean, it could look something more of you know,
27:54
Speaker 3: we had that big jump up and then a more
27:56
Speaker 3: diminished you know, the much diminished version of that to
28:00
Speaker 3: a dollar or more into the end of the year
28:02
Speaker 3: when everybody gives up, when we're just hovering around old,
28:05
Speaker 3: old all time highs for a while, or you know,
28:08
Speaker 3: it's not going to be it's gonna be a bumpy road.
28:10
Speaker 3: It could be sure, it could be an a bumpy road.
28:13
Speaker 3: So yeah, but I think it could easily break above
28:15
Speaker 3: a dollar.
28:16
Speaker 1: So yeah, are you following anything right now on the
28:20
Speaker 1: on the meme market, anything new or any one particular
28:23
Speaker 1: chain that you're taking a look at, whether it's Solana
28:25
Speaker 1: or even xrps meme tokens.
28:29
Speaker 3: Oh man, I mean there's just there's so many out there. Moodang.
28:32
Speaker 3: You know, I was in Thailand before you got it.
28:34
Speaker 3: You get a side of a moodang. You know, maybe
28:36
Speaker 3: that'll come back. The hippo is getting bigger and fatter though,
28:39
Speaker 3: so maybe it'll lose relevance a little bit, but maybe
28:42
Speaker 3: there's more mood dany.
28:43
Speaker 1: Everybody's down in the last week, Yeah, down the last week,
28:48
Speaker 1: down ten percent on the day. There's quite a few
28:52
Speaker 1: I think that are kind of interesting. Brett is the
28:56
Speaker 1: one that I'm still watching. I think this one has
28:58
Speaker 1: a potential to still do some pretty good damage.
29:02
Speaker 3: Does look good?
29:03
Speaker 1: Yeah, yeah, this one is one that it's still one
29:06
Speaker 1: of my positions that I.
29:08
Speaker 2: Like, be safe out there on the road. When are
29:10
Speaker 2: you gonna be back in the US?
29:13
Speaker 3: Two days? Two days? All right?
29:14
Speaker 2: Oh man, get me back in. Well good, we'll be
29:17
Speaker 2: good to see you. Thanks again for stopping and we
29:19
Speaker 2: appreciate it. Get some rest.
29:22
Speaker 3: I'll see it, thanks, Paul.
29:23
Speaker 1: Take care all right, you guys, make sure and jump
29:25
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29:28
Speaker 1: to get additional content and you can join our own
29:30
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29:32
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29:34
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29:37
Speaker 1: next time right here on tech Path