Latest / The Paul Barron Crypto Show / Bitcoin All-Time High This Month?📈Technical Analysis w/ Evan Aldo

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Bitcoin All-Time High This Month?📈Technical Analysis w/ Evan Aldo · The Paul Barron Crypto Show

• 0:07
  Speaker 1: Bitcoin of course, the talk of the town. Could we
• 0:09
  Speaker 1: reach an all new, all time high. We'll break it
• 0:11
  Speaker 1: all down for you today. We've got evan Aldo with me.
• 0:13
  Speaker 1: It's going to be a good one. My name is
• 0:16
  Speaker 1: Paul Baron, welcome back in a tech path. Joining me today,
• 0:18
  Speaker 1: of course, is Evanaldo. Before we get into that, I
• 0:20
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• 0:57
  Speaker 1: I want to bring in Evanaldo. We're going to be
• 0:59
  Speaker 1: talking about a coin and jumping into all the charts.
• 1:02
  Speaker 2: How are you, Evan doing great? Great to be on
• 1:05
  Speaker 2: really excited, very very excited time coming up with the
• 1:09
  Speaker 2: election coming up, with this second rate cut, that can
• 1:11
  Speaker 2: mean a lot for bitcoin dominance, a lot of things
• 1:13
  Speaker 2: that we'll talk about.
• 1:14
  Speaker 1: Yeah, definitely, October indicators suggests twenty twenty four could be
• 1:18
  Speaker 1: the market is back and this could be a breakout
• 1:22
  Speaker 1: for bitcoin. If you look at the charts in general,
• 1:24
  Speaker 1: there's a couple of points within the article because the
• 1:27
  Speaker 1: market break this is a seven month down trend that's
• 1:29
  Speaker 1: starting to signal out. And there's also mean coin activity,
• 1:34
  Speaker 1: which we've seen kind of coming over the last few weeks.
• 1:37
  Speaker 1: And then obviously the first impulse of accumulation that usually
• 1:40
  Speaker 1: precedes a bull market. So there's that scenario playing into this.
• 1:44
  Speaker 1: Even with all of that happening right now, what do
• 1:47
  Speaker 1: you like about bitcoin? Is it in a good position
• 1:50
  Speaker 1: to maybe start to really break out here before the election?
• 1:55
  Speaker 2: It could be, It definitely can be. I mean, if
• 1:57
  Speaker 2: you look at the three week the first thing we'll
• 1:59
  Speaker 2: talk about here, you're getting a green dot in the
• 2:01
  Speaker 2: three week. The last time we saw this was October
• 2:03
  Speaker 2: of twenty twenty three, so about a year ago, actually
• 2:07
  Speaker 2: exactly a year ago pretty much, and that was a
• 2:09
  Speaker 2: good continuation up here into a lot of this you
• 2:12
  Speaker 2: know run up. And if we do repeat something of
• 2:15
  Speaker 2: this nature, which I think we might, I mean, I uh,
• 2:19
  Speaker 2: twenty by May of next year, I don't think it's
• 2:22
  Speaker 2: going to be that crazy, but you know, a little
• 2:25
  Speaker 2: bit diminished returns, maybe that could be finally where we
• 2:28
  Speaker 2: hit that one hundred k on the low side, a
• 2:30
  Speaker 2: new all time high, so ninety to one hundred k
• 2:34
  Speaker 2: or high eighties to one hundred k in terms of
• 2:36
  Speaker 2: that area on the macro, that could absolutely be possible
• 2:39
  Speaker 2: if we look at another you know situation where similar
• 2:42
  Speaker 2: thing happened, I mean this run up right here. Yeah,
• 2:46
  Speaker 2: now that's ninety two by November eleventh. I doubt it
• 2:50
  Speaker 2: things would get really crazy if that happened to happen,
• 2:53
  Speaker 2: But yeah, I think it's a macro very bullish sign.
• 2:56
  Speaker 2: If we zoom in a little bit more here, your
• 2:58
  Speaker 2: money flows still good in your two week If we
• 3:00
  Speaker 2: look at these previous bull runs, I mean, money stayed
• 3:03
  Speaker 2: in the green for a while, especially you know this
• 3:06
  Speaker 2: time and then this last time here from December twenty
• 3:09
  Speaker 2: twenty in the four year cycle all the way up
• 3:12
  Speaker 2: to around April twenty one, and our true all time
• 3:14
  Speaker 2: high was a little bit after that, so you got room,
• 3:17
  Speaker 2: you know, you got room to keep going over the
• 3:19
  Speaker 2: next you know, six to twelve months here, maybe even
• 3:22
  Speaker 2: a little bit more in my opinion, if we look
• 3:25
  Speaker 2: at a little bit more of the short term, your
• 3:26
  Speaker 2: three day is looking great. Money flow coming from red
• 3:30
  Speaker 2: to green right here, very similar to what we saw
• 3:33
  Speaker 2: back here, exactly what I was just talking about October
• 3:36
  Speaker 2: of twenty three. So yeah, it's looking really bullish in
• 3:40
  Speaker 2: the really short term. You know, I was looking at
• 3:42
  Speaker 2: this a little bit earlier. You are hitting a linear
• 3:45
  Speaker 2: spiral line. Just think of it as a sport resistance point,
• 3:48
  Speaker 2: and you're getting a bear div on the four hours.
• 3:51
  Speaker 2: So it could be risky, I think, because things look
• 3:54
  Speaker 2: really good in the macro, but you could come down
• 3:57
  Speaker 2: a little bit with this. You know, I could see
• 3:59
  Speaker 2: a retest of like sixty five, okay, something like these
• 4:02
  Speaker 2: areas right here in the short term. But sometimes when
• 4:05
  Speaker 2: you're just in an uptrend, you just break above and
• 4:07
  Speaker 2: then get up to this next huge point, which is
• 4:10
  Speaker 2: going to be seventy two, which that could be a
• 4:12
  Speaker 2: good goal in the next you know, by election and
• 4:15
  Speaker 2: a month seventy two k is a big place that
• 4:17
  Speaker 2: I could be looking at. And then after that, I
• 4:20
  Speaker 2: think the sky's the limit. We should generally be upward,
• 4:23
  Speaker 2: you know, in a bullish momentum similar to September October
• 4:26
  Speaker 2: twenty three into what we saw early next year.
• 4:29
  Speaker 1: So yeah, and then within that you look at dominance
• 4:33
  Speaker 1: right now. So if you look at the bitcoin dominance side,
• 4:36
  Speaker 1: and if you kind of compare the chart right here,
• 4:38
  Speaker 1: this is one analyst looking at it. Is this the
• 4:41
  Speaker 1: reversal area where we could see it fall off the
• 4:45
  Speaker 1: cliff and start to spind to all coins? What are
• 4:48
  Speaker 1: your thoughts do you feel like we still have?
• 4:51
  Speaker 2: Yeah, I mean I'm normally very skeptical of what I
• 4:53
  Speaker 2: see on Twitter, but I feel like that guy might
• 4:56
  Speaker 2: be spot on. It is an obvious path, though, so
• 4:59
  Speaker 2: there's a always a curve off. But if we look
• 5:01
  Speaker 2: at bitcoin dominance here, it't all reverse head and shoulder situation.
• 5:05
  Speaker 2: If you break upward, you know, from that you got
• 5:07
  Speaker 2: a technical target at the big number that we've been
• 5:10
  Speaker 2: waiting for years for now, right around sixty percent. I
• 5:14
  Speaker 2: got a fill level at sixty point three percent right here,
• 5:19
  Speaker 2: and I think we could hit that and then generally
• 5:21
  Speaker 2: reject from that. If we look at some of the
• 5:23
  Speaker 2: you know, macro points right here, you got your money
• 5:25
  Speaker 2: flow starting to come down on the two week things
• 5:27
  Speaker 2: of that nature. You're monthly I wanted to show you
• 5:31
  Speaker 2: as well. I think the next red dot in the
• 5:33
  Speaker 2: monthly is going to be really good to look at
• 5:35
  Speaker 2: these really high rsize. These is the high start size
• 5:38
  Speaker 2: we've ever seen on bitcoin dominance. So likely you will
• 5:42
  Speaker 2: see a reversal relatively soon, which would coincide. You know,
• 5:46
  Speaker 2: the way I'm at about this is coincide with the election,
• 5:49
  Speaker 2: and it would also coin sixt FED meeting, which is
• 5:51
  Speaker 2: going to be early November as well. In terms of
• 5:54
  Speaker 2: all coins up performing Bitcoin, if we look at others
• 5:56
  Speaker 2: versus Bitcoin, which is everything outside of the top ten
• 5:59
  Speaker 2: market versus Bitcoin, you got a nice beautiful double bottom
• 6:03
  Speaker 2: right here, and you're getting going to get a green
• 6:06
  Speaker 2: dot bullish divergences money flow. Excuse me, as price is
• 6:09
  Speaker 2: coming down, You're going to get a momentum waves are
• 6:12
  Speaker 2: coming up, which is a rare, first time ever bullish
• 6:14
  Speaker 2: sign on others versus Bitcoin. So you know, I know
• 6:17
  Speaker 2: a lot of people are afraid of alts. But if
• 6:19
  Speaker 2: we just look here, everything outside of the top ten
• 6:21
  Speaker 2: market cap has outperformed Bitcoin over the whole course of
• 6:25
  Speaker 2: this market since twenty fourteen, so for the last ten years.
• 6:28
  Speaker 2: I think this could continue. And I think all coin
• 6:30
  Speaker 2: season is getting very very close to starting, very close.
• 6:34
  Speaker 1: Yeah, And I think a lot of people are still
• 6:35
  Speaker 1: trying to figure out what positions to go into because
• 6:39
  Speaker 1: there's quite a few new tokens that have started to
• 6:42
  Speaker 1: come on the map. We'll get into some of those.
• 6:45
  Speaker 1: Before we fly into some of those, I want to
• 6:47
  Speaker 1: take a quick look at ethereum analysts right now proticting
• 6:51
  Speaker 1: all time high for rally for Ethereum, and there is
• 6:55
  Speaker 1: a couple of signals within it. You know, you look
• 6:57
  Speaker 1: at where this pattern is holding right now. This is
• 7:00
  Speaker 1: just one of me kind of zoom in on that
• 7:02
  Speaker 1: chart right there. It has a similarity to what we've
• 7:05
  Speaker 1: seen in the past and term of these channel up trends.
• 7:08
  Speaker 1: What do you like or don't like right now? On
• 7:10
  Speaker 1: eth Is this one that you would stay with or
• 7:13
  Speaker 1: would you distribute those funds maybe in small coins? What
• 7:16
  Speaker 1: are your thoughts?
• 7:18
  Speaker 2: Well, I mean, it depends how much risk you want
• 7:19
  Speaker 2: to take for all coins. I do really like eth
• 7:21
  Speaker 2: right now. I agree with that analysis. That's something similar
• 7:24
  Speaker 2: to what I was just looking at. What I was
• 7:26
  Speaker 2: looking at in my chart over here. And if we
• 7:28
  Speaker 2: look at the three weeks or excuse me, the two
• 7:31
  Speaker 2: week I circled it right here, little trigger wave, that's
• 7:34
  Speaker 2: what they were kind of they were talking about this
• 7:37
  Speaker 2: rally upward, you know, from what I was talking about,
• 7:40
  Speaker 2: a bigcoin in October twenty three, jumping up kind of
• 7:43
  Speaker 2: from those areas, potentially up to five thousand in April.
• 7:47
  Speaker 2: You could even you know, mess with this a little bit.
• 7:49
  Speaker 2: From the low over here, that could be high fives
• 7:52
  Speaker 2: by mid twenty twenty five, which, if I had to
• 7:54
  Speaker 2: make an educated guess, somewhere by mid twenty five, somewhere
• 7:58
  Speaker 2: between all time high to six thousand, So between five
• 8:02
  Speaker 2: and six thousand by middle of twenty twenty five would
• 8:06
  Speaker 2: be my prediction. That rare bullish sign is great, you
• 8:09
  Speaker 2: know right here, and if we look at what's you know,
• 8:12
  Speaker 2: zoom in a little bit more here, it just looks
• 8:14
  Speaker 2: looks really really good. I mean the short term, you know,
• 8:16
  Speaker 2: you're looking at potential kind of reverse head and shoulder
• 8:19
  Speaker 2: pattern also that double bottom right there. A lot of
• 8:22
  Speaker 2: good things, and out of that you get a technical target.
• 8:25
  Speaker 2: I mean one big target's gonna be thirty three hundred.
• 8:28
  Speaker 2: I like, you know, you could this is subjective, I
• 8:30
  Speaker 2: mean you could be more conservative with it. Draw from
• 8:32
  Speaker 2: a different neckline kind of from there thirty two hundred
• 8:35
  Speaker 2: and coincides with this big pocket at thirty two hundred
• 8:38
  Speaker 2: right there. And if we also look at the two
• 8:40
  Speaker 2: day money full in the red for a while coming
• 8:43
  Speaker 2: up trigger wave right there, which is really really good. Right,
• 8:46
  Speaker 2: things look just like that analysis. You know, things look
• 8:49
  Speaker 2: very similar money flow coming up trigger waves right here,
• 8:51
  Speaker 2: big rally forward. So in all likelihood, I think we
• 8:54
  Speaker 2: will see some type of situation similar to that now
• 8:58
  Speaker 2: you asked about. You know, are all coins going to
• 9:01
  Speaker 2: be better than ETH? I think over the next year,
• 9:03
  Speaker 2: you know, it's gonna be a little bit riskier. I
• 9:05
  Speaker 2: would use a lot of diversification, but you probably, in
• 9:08
  Speaker 2: all likelihood, will be able to perform ETH if you
• 9:11
  Speaker 2: buy all coins now, as long as you have a diverse,
• 9:13
  Speaker 2: wide portfolio and you're not buying a bunch of you know,
• 9:16
  Speaker 2: nonsense tokens here at all, These mean poins, but maybe
• 9:19
  Speaker 2: even then you'll out perform. Who knows. But the last
• 9:23
  Speaker 2: thing I'll show you real quick is eth versus bigcoin
• 9:26
  Speaker 2: right now, which we've been in a big kind of
• 9:28
  Speaker 2: down trend. I think we're getting pretty close to that bottom,
• 9:31
  Speaker 2: which could also coincide with you know, the next FED
• 9:34
  Speaker 2: meeting with the election. You're getting really close. I think,
• 9:38
  Speaker 2: you know, maybe you make a little bit of a
• 9:39
  Speaker 2: lower low here, come down to point oh three seven.
• 9:43
  Speaker 2: That's gonna be the big point that I'm looking at. Also,
• 9:45
  Speaker 2: the two week you're going to get another bullish divergence.
• 9:48
  Speaker 2: Money flows coming up, so it's gonna be one of
• 9:50
  Speaker 2: these bullish divergences that really give you what you need.
• 9:53
  Speaker 2: I don't think you would. I mean, we got to
• 9:55
  Speaker 2: talk about all possibilities. I mean, I don't think you
• 9:57
  Speaker 2: would dump down and come down to point oh three
• 10:00
  Speaker 2: on the eighth bitcoin evaluation. That's probably the worst absolute
• 10:03
  Speaker 2: worst case scenario, which is another twenty percent down, and
• 10:06
  Speaker 2: then I would assume after that you would have a
• 10:08
  Speaker 2: very you know, bullish twenty twenty five, if you know,
• 10:12
  Speaker 2: if the most bearish case hit plays out. But I
• 10:14
  Speaker 2: think it's most likely going to be some situation, you know,
• 10:17
  Speaker 2: like this into twenty twenty five, hopefully by the end
• 10:21
  Speaker 2: of twenty twenty five or early twenty six, getting back
• 10:23
  Speaker 2: up to these highs in twenty eighteen, you know, twenty seventeen,
• 10:27
  Speaker 2: which would be really great in which would really show
• 10:30
  Speaker 2: eth proving itself. But I would think if you can't
• 10:33
  Speaker 2: make it up to these highs within the next year
• 10:35
  Speaker 2: to year and a half, then you know, there's a
• 10:38
  Speaker 2: little bit concerns for ethereum, you know, if you only
• 10:40
  Speaker 2: get up to this point or get up to this point.
• 10:42
  Speaker 2: So that's what we're going to look at here. But
• 10:44
  Speaker 2: regardless of what happens, I think you should be able
• 10:48
  Speaker 2: to perform bitcoin by at least for the next likelihood.
• 10:52
  Speaker 1: If you guys have not checked out Evans's show, go
• 10:55
  Speaker 1: over to his website and or i should say, is
• 10:57
  Speaker 1: YouTube channel and just subscribe right there, fifteen thousand subscribers.
• 11:02
  Speaker 1: He is killing it out there. I'm loving this, man,
• 11:05
  Speaker 1: I'm loving this and over a thousand videos now sow,
• 11:08
  Speaker 1: congrats on all that.
• 11:09
  Speaker 2: Man.
• 11:09
  Speaker 1: Let's get into the stuff that's happening over on Avalanche. Man,
• 11:14
  Speaker 1: what a show that Avalanche is putting on in Argentina,
• 11:19
  Speaker 1: and of course they're getting ready to I think they're
• 11:21
  Speaker 1: going to be doing their keynote today, so we'll probably
• 11:25
  Speaker 1: see some big news coming out. Obviously if you have not,
• 11:28
  Speaker 1: I'm sure everybody that's watching our show, but those of
• 11:30
  Speaker 1: you that are new. And by the way, we are
• 11:32
  Speaker 1: just crossing the sixth henterd k mark in terms of subs.
• 11:36
  Speaker 1: A lot of new people coming into crypto right now,
• 11:38
  Speaker 1: at least on our channel, a lot of new people
• 11:41
  Speaker 1: coming in. I think they see the quality evan that
• 11:43
  Speaker 1: we're bringing and they want to learn more about it.
• 11:46
  Speaker 1: And people are learning about Avalanche for the very first time.
• 11:49
  Speaker 1: So what do you like about Avax right now? Is
• 11:52
  Speaker 1: it poised to start moving?
• 11:54
  Speaker 2: Avax is always poised, Paul, It's one of my favorite coins,
• 11:57
  Speaker 2: but it's especially poised. You know, Argentina has done a
• 12:01
  Speaker 2: lot of right things in recent times, and I think
• 12:03
  Speaker 2: they'll continue to do some right things. And you know,
• 12:06
  Speaker 2: I mean, we look at the three week right here,
• 12:08
  Speaker 2: trigger wave, that's I believe the first time ever we've
• 12:12
  Speaker 2: seen that on a yeah, first time ever we've seen
• 12:14
  Speaker 2: that Avalanche. I mean, you have your bullish divergence here
• 12:17
  Speaker 2: in October twenty three, you jumped up a lot, and
• 12:20
  Speaker 2: I think that with the trigger wave that would be
• 12:23
  Speaker 2: almost as bullish, if not just as bullish here. So
• 12:27
  Speaker 2: if you can repeat, I mean, I think it would
• 12:29
  Speaker 2: be more extended than this situation. But if you could
• 12:32
  Speaker 2: repeat that, then that's a run up to all time
• 12:35
  Speaker 2: new all time highs by hopefully February March, quarter two
• 12:38
  Speaker 2: of next year, run up to all time highs and
• 12:41
  Speaker 2: then after that in the second half of next year
• 12:43
  Speaker 2: in all likelihood, I mean, on my high end, hopefully
• 12:47
  Speaker 2: we can get up to would be over a ten
• 12:49
  Speaker 2: x thirty three hundred and sixty dollars from where we
• 12:53
  Speaker 2: are in it now.
• 12:54
  Speaker 1: Eleven x, so yeah, that's about well, yeah, you're at
• 12:58
  Speaker 1: twenty seven now, so that's a significant move.
• 13:01
  Speaker 2: Twelve yeah, almost a fifty yeah around those around those points,
• 13:05
  Speaker 2: so it could be huge. I mean, I don't know
• 13:06
  Speaker 2: if it's going to get that high. We first let's
• 13:08
  Speaker 2: you know, just focus on making getting up to new
• 13:10
  Speaker 2: all time highs. It could take some time, but you know,
• 13:12
  Speaker 2: it looks great in that aspect if we you know,
• 13:15
  Speaker 2: look at some of the lower time frames here, This
• 13:17
  Speaker 2: two week looks great. Money flow coming up trigger wave
• 13:20
  Speaker 2: and then just some of the lower time frames and
• 13:22
  Speaker 2: then money flow is generally coming up here. I'm not
• 13:24
  Speaker 2: seeing anything too too bad. I mean, you may get
• 13:27
  Speaker 2: a bearish divergence here, you know. I on of everything,
• 13:31
  Speaker 2: I could see some short term more consolidation. It kind
• 13:35
  Speaker 2: of trying to jump off of a decent point right
• 13:37
  Speaker 2: where we are right now, trigger wave forming on the
• 13:41
  Speaker 2: six hour, with money flow coming up. So, I mean,
• 13:44
  Speaker 2: I could be wrong, but I think there's a good
• 13:45
  Speaker 2: shot of coming back up to thirty dollars and then hopefully,
• 13:49
  Speaker 2: you know, pushing through that thirty dollars market, making a
• 13:51
  Speaker 2: run up to you know, let's say thirty three dollars
• 13:55
  Speaker 2: is sometime in November, and then end a year, hopefully
• 13:58
  Speaker 2: forty end a year. Even these highs depending on what
• 14:02
  Speaker 2: we see with Powell, what we see with the elections.
• 14:04
  Speaker 2: So a lot can really happen here. And if you
• 14:07
  Speaker 2: look at this last thing, I'll say real quick, if
• 14:09
  Speaker 2: you look at this three day you know, right here,
• 14:12
  Speaker 2: this area in November of twenty three, if we could
• 14:15
  Speaker 2: repeat that situation, that's a run up to sixty two dollars.
• 14:21
  Speaker 2: I don't think it's going to be November seventeenth that quickly,
• 14:24
  Speaker 2: but end a year could be a goal for yeah,
• 14:26
  Speaker 2: sixty dollars.
• 14:27
  Speaker 1: Sue has a little bit of fud in the market
• 14:29
  Speaker 1: right now. Foundation says Infrastructure Partner likely sell hundreds of
• 14:33
  Speaker 1: millions of dollars worth of SUI on this run up.
• 14:36
  Speaker 1: A lot of people looking at this and some people saying, hey, yeah,
• 14:39
  Speaker 1: these are the kind of things that happen with some
• 14:41
  Speaker 1: of these big tokens. But the question is, can Sue's
• 14:44
  Speaker 1: ecosystem withstand the pressure, especially around the crypto fud that's
• 14:49
  Speaker 1: facing it right now? What do you like? Would you
• 14:52
  Speaker 1: short SUY right now hovering route that two hunder Martin?
• 14:56
  Speaker 1: Would you sort it short?
• 14:58
  Speaker 2: No? I don't think I would short it based on
• 15:00
  Speaker 2: what I'm seeing the show so well. I mean, it
• 15:02
  Speaker 2: depends if we're just talking about scalp trading. Maybe, But
• 15:04
  Speaker 2: let's you know, if we look at Suie right now.
• 15:07
  Speaker 1: And you're going to say this is something you'd hold long.
• 15:10
  Speaker 2: Yeah, I would not not be short. I wouldn't be
• 15:12
  Speaker 2: shoring much of anything long term right now given these conditions.
• 15:16
  Speaker 2: I mean, you know, if you look at the trigger
• 15:17
  Speaker 2: wave of trying to form the six hours similar to
• 15:19
  Speaker 2: that time, you do have money flow coming out, which
• 15:21
  Speaker 2: is a little bit of a concern. But I kind
• 15:23
  Speaker 2: of feel like either consolidation here or you get kind
• 15:26
  Speaker 2: of a jump up a little bit more. Not up
• 15:29
  Speaker 2: to three dollars so soon with this fud, but I
• 15:31
  Speaker 2: could see some consolidations, some boring this kind of happening,
• 15:34
  Speaker 2: I mean, the big place to really hold like I would,
• 15:37
  Speaker 2: I would be looking to short if we lose this
• 15:39
  Speaker 2: big point, if we lose two dollars decisively, we're at
• 15:43
  Speaker 2: the you know one ninety, we're losing that, you know,
• 15:46
  Speaker 2: coming down to these points, then it's going to look
• 15:48
  Speaker 2: more like you'd come back to one fifteen get a
• 15:50
  Speaker 2: fifty percent correction. But as of right now, I'm not
• 15:53
  Speaker 2: seeing anything bad enough. I mean, you do have you know,
• 15:56
  Speaker 2: a high anchor wave right here similar to this area
• 16:00
  Speaker 2: absolutely could come down. I mean with the kind of
• 16:02
  Speaker 2: bad news, Let's say, you know, coming out, do you
• 16:05
  Speaker 2: really want to be putting all your eggs in one
• 16:08
  Speaker 2: basket and seweet right now? But I you know, I
• 16:10
  Speaker 2: think a diversification is really important here, and I think
• 16:13
  Speaker 2: that there's a good shot with if the whole market
• 16:17
  Speaker 2: comes up, I wouldn't expect this to just drop fifty percent,
• 16:20
  Speaker 2: go down one fifteen here. You know, there's a lot
• 16:23
  Speaker 2: of things that could save today. You look at your
• 16:25
  Speaker 2: ten hour for example, trigger wave, trigger wave of another
• 16:28
  Speaker 2: one for me right here, and if we look at
• 16:30
  Speaker 2: what happened to those two if this jumped up, this
• 16:32
  Speaker 2: jumped up, and then potentially if you follow that pattern,
• 16:36
  Speaker 2: two dollars fifty cents could be next, and then potentially
• 16:39
  Speaker 2: a jump up higher to that three dollar mark. What
• 16:44
  Speaker 2: I long it right now? Based on this fud, I
• 16:47
  Speaker 2: think there's better things to mess with, But you know
• 16:50
  Speaker 2: I would I would remain neutral on it at the
• 16:52
  Speaker 2: moment we're in a little bit more neutral and I
• 16:54
  Speaker 2: wouldn't get too caught up in the FUD.
• 16:57
  Speaker 1: So kind of holding steady on SUI not shorting, but
• 17:01
  Speaker 1: not looking at long term, I mean long longing it
• 17:04
  Speaker 1: right now. Say also is surging ahead with daily active wallets.
• 17:08
  Speaker 1: There was a little bit of activity there, a number
• 17:10
  Speaker 1: of daily actives skyrocketing, huge interest in Say this is
• 17:14
  Speaker 1: another one that everybody's been kind of watching for quite
• 17:16
  Speaker 1: some time. We've talked about it a little bit. When
• 17:18
  Speaker 1: you look at say, first of all, do you own say,
• 17:21
  Speaker 1: are you have you traded on it yet.
• 17:23
  Speaker 2: I do own, say, not a large position. I mean
• 17:26
  Speaker 2: I have a lot of all coins, so it's one
• 17:27
  Speaker 2: of the many I do have.
• 17:28
  Speaker 1: So yeah, how do you like this one right now?
• 17:31
  Speaker 1: With especially when you look at that growth right there,
• 17:34
  Speaker 1: Look at the current TVL This is just a frozen
• 17:37
  Speaker 1: it's not live, but one hundred and sixty nine point
• 17:39
  Speaker 1: two at time of that tweet, which was a significant
• 17:42
  Speaker 1: trend up over the last three months. Where would you place, say,
• 17:46
  Speaker 1: right now on a position. Would this be a bye
• 17:49
  Speaker 1: right now at where it is today, or would you say,
• 17:52
  Speaker 1: if you're not already in it, stay away from it?
• 17:54
  Speaker 1: What would be your role?
• 17:56
  Speaker 2: I think there's based on fundamentals, antech neoals. Yes, yeah,
• 18:00
  Speaker 2: it would be a long term buy. But I wouldn't
• 18:02
  Speaker 2: put all my eggs in just one basket here. I
• 18:04
  Speaker 2: mean it looks pretty good. I mean, you know, you
• 18:06
  Speaker 2: got your big kind of drop down just to show
• 18:10
  Speaker 2: the volatility on this eighty percent correction. Now you're jumping
• 18:13
  Speaker 2: up and then you're trying to break upward from this pattern.
• 18:17
  Speaker 2: Money flow looks great on the three day coming up,
• 18:20
  Speaker 2: So I really like that. So, you know, I think
• 18:23
  Speaker 2: there could be if you get an anchorwave BARDIV here,
• 18:25
  Speaker 2: there could be some more consolidation or whatever, maybe even
• 18:28
  Speaker 2: a drop back forty cents. But I think he got
• 18:30
  Speaker 2: a good shot of getting up to that fifty seven
• 18:33
  Speaker 2: cent range. Yeah, yeah, fifty eight to fifty seven within
• 18:39
  Speaker 2: you know, end a year early next year is a
• 18:40
  Speaker 2: good shot. That's what I'm kind of looking at right now.
• 18:44
  Speaker 2: So I don't see anything too bad. I mean, you
• 18:45
  Speaker 2: had your correction here. This is kind of a nice
• 18:48
  Speaker 2: maybe somewhat of a reverse head and shoulder formation, you know,
• 18:52
  Speaker 2: kind of forming. And that was the bottom of that
• 18:54
  Speaker 2: shoulder right there, which is a pretty big place if
• 18:56
  Speaker 2: we look at some lower time frames. I'm not seeing
• 18:59
  Speaker 2: any trigger way. Is there anything too good at the
• 19:01
  Speaker 2: moment really for me here, But you do have some
• 19:04
  Speaker 2: money flow coming up, so I mean, yeah, I think
• 19:07
  Speaker 2: long term, it's definitely a pretty good bye, you know.
• 19:10
  Speaker 2: I think you've got a really good shot of you know,
• 19:12
  Speaker 2: at some point in maybe even end the year if
• 19:15
  Speaker 2: things go crazy doubling by the end of the year,
• 19:18
  Speaker 2: like what we talked about with AVAC or things like that,
• 19:20
  Speaker 2: but sometime in twenty five, I think you'll at least
• 19:24
  Speaker 2: see a rotest of you know, ninety four cent area.
• 19:26
  Speaker 1: We're going to try to get the SAY team on.
• 19:28
  Speaker 1: So if you guys are listening to this out there
• 19:30
  Speaker 1: and you know you're big fans to SAY, you know,
• 19:32
  Speaker 1: just let them know we want to we want to
• 19:34
  Speaker 1: chat with them. They can always hit us on Twitter.
• 19:37
  Speaker 1: Mine's just at Paul Baron and then also our network
• 19:40
  Speaker 1: at Paul Baron TV. So let us know, help us
• 19:43
  Speaker 1: kind of connect over there. We've had a hard time
• 19:45
  Speaker 1: reaching out to them and getting connected, so hopefully we can.
• 19:49
  Speaker 1: I want to go through these last three tokens. We're
• 19:52
  Speaker 1: going to take a look at XRP mainly kind of
• 19:55
  Speaker 1: barreling toward an ETF or potential ETF. The Swell event
• 20:00
  Speaker 1: just happened here in Miami. I was over there at
• 20:02
  Speaker 1: the event, and I'll tell you this was a fantastic event.
• 20:06
  Speaker 1: I was impressed with the quality of the speakers. I
• 20:11
  Speaker 1: was impressed with the quality of partners. Ripple is up
• 20:14
  Speaker 1: to something here, a lot of big announcements, you know
• 20:16
  Speaker 1: around payment. Stable Coin is still not necessarily approved totally
• 20:20
  Speaker 1: yet when we get the Ripple you know USD But
• 20:25
  Speaker 1: what are your thoughts on Ripple right now, what would
• 20:27
  Speaker 1: you do on this one?
• 20:30
  Speaker 2: So the first thing I would say about Ripple is
• 20:32
  Speaker 2: you can't go sideways forever. You know, you've been in
• 20:34
  Speaker 2: this since really you know, over a year now you're
• 20:37
  Speaker 2: either going to break upward to a dollar or are
• 20:39
  Speaker 2: you're going to break downward to like thirty six cents?
• 20:42
  Speaker 2: And I think that you know, when we zoom out here,
• 20:44
  Speaker 2: it's it's a very scary token. You know after ever
• 20:48
  Speaker 2: since this run up in January seventeen, you know, up
• 20:51
  Speaker 2: to this point, you haven't seen much. You've still been
• 20:54
  Speaker 2: below that on the trend line. I mean, I think
• 20:57
  Speaker 2: a dollar is a great bet dollar you should hit
• 21:00
  Speaker 2: at some point in twenty twenty five. Now, can break
• 21:03
  Speaker 2: that dollar and do something different, if you can break
• 21:07
  Speaker 2: a bubble or VanNess, like if you can break above
• 21:10
  Speaker 2: that dollar, like a lot of people are coming out
• 21:13
  Speaker 2: of the graveyards, like people influencers that used to probably
• 21:16
  Speaker 2: post about this, you know back back here may come
• 21:19
  Speaker 2: back from the dead or something. You know, things are
• 21:21
  Speaker 2: gonna get crazy if you could break this trend line
• 21:23
  Speaker 2: and get up to these points, even crazier if you
• 21:25
  Speaker 2: can break above two dollars now, I mean I think
• 21:27
  Speaker 2: there's some good fundamentals. I agree with you. It's it's
• 21:30
  Speaker 2: an annoying coin. You know. All it's done is bleed
• 21:33
  Speaker 2: so much against bitcoin. I don't own it personally. I
• 21:38
  Speaker 2: may with the good news buy some of it because
• 21:40
  Speaker 2: I think you could at least double this, you know,
• 21:42
  Speaker 2: or get up to a dollar over the next year.
• 21:45
  Speaker 2: But just to you know, show people what this has
• 21:48
  Speaker 2: done over years against bitcoin, I mean, just look at
• 21:52
  Speaker 2: this chart. From those highs and twenty seventeen, you're down
• 21:55
  Speaker 2: ninety six percent against bitcoin, you know, at ninety seven points. So,
• 21:58
  Speaker 2: but it is a big point against pickcoin, and it
• 22:00
  Speaker 2: is making surprisingly higher lows if we care about the
• 22:05
  Speaker 2: lows back in twenty fourteen to twenty seventeen. But these
• 22:08
  Speaker 2: are higher lows. So you can do some serious damage
• 22:13
  Speaker 2: against bitcoin. I think, you know, two hundred percent easily
• 22:16
  Speaker 2: up to these points, especially in a bull run. So right,
• 22:20
  Speaker 2: I think it's a good bye. Will it outperform an
• 22:22
  Speaker 2: avax or some of the other ones we talked about,
• 22:24
  Speaker 2: I mean, probably not, but I think I think it
• 22:27
  Speaker 2: can be a good buy over the.
• 22:28
  Speaker 1: Next year for those yeah, for those that are are
• 22:30
  Speaker 1: on XRP. Right now, let's jump over to Jupiter. Grayscale
• 22:34
  Speaker 1: list Jupiter as an asset under consideration, So this could
• 22:37
  Speaker 1: make its way into a group of funds out there.
• 22:41
  Speaker 1: And if you think about this, Jupiter has been one
• 22:43
  Speaker 1: we've talked about for quite some time, but the inflows
• 22:46
  Speaker 1: have expanded. Let me kind of zoom in on that
• 22:49
  Speaker 1: past few months total value locks soared up to what
• 22:53
  Speaker 1: one point three two billion in value and then tokens
• 22:57
  Speaker 1: in market capitalization by one point one six billions, So
• 23:00
  Speaker 1: makes it some people look at this as a very
• 23:02
  Speaker 1: undervalued market cap. What would you say right now for
• 23:06
  Speaker 1: Jupe Jupiter?
• 23:07
  Speaker 2: Yeah, I think I think there's definitely a good argument
• 23:11
  Speaker 2: to be made for that. I mean, if we look
• 23:12
  Speaker 2: right here on Jupiter big area, we really want to
• 23:16
  Speaker 2: break above ninety one cents. We got the trigger wave
• 23:19
  Speaker 2: right here on a four day, which shows there's a
• 23:21
  Speaker 2: good shot of that. If we draw a technical target,
• 23:23
  Speaker 2: you know, kind of from these lows, even reverse head
• 23:27
  Speaker 2: and shoulders for me a little bit, then you could
• 23:29
  Speaker 2: make your rally upward to around a dollar, you know,
• 23:33
  Speaker 2: maybe done, maybe a dollar twenty centsend a year. If
• 23:36
  Speaker 2: you can break above that, then you're looking at new
• 23:38
  Speaker 2: all time highs. Potentially, I kind of would guess it
• 23:42
  Speaker 2: would take a little bit longer than January twenty five
• 23:44
  Speaker 2: to get up to these points. But hey, I mean,
• 23:46
  Speaker 2: if things big one makes an all new all time high,
• 23:49
  Speaker 2: sure this could really jump up. Looks great right here
• 23:51
  Speaker 2: in the two days, so I think it. It is
• 23:53
  Speaker 2: absolutely a bye right now. But I mean I would
• 23:55
  Speaker 2: not be putting all your eggs in one basket. Versification
• 23:58
  Speaker 2: is key with these all but very much. Yeah, I
• 24:01
  Speaker 2: mean I would be very, very surprised if you can't
• 24:04
  Speaker 2: make a run up to a dollar fifty, you know,
• 24:07
  Speaker 2: by quarter or two of next year, I'd be pretty surprised.
• 24:10
  Speaker 1: Yeah, awesome. So right now, Evan, you're in the bull
• 24:13
  Speaker 1: camp by far. I think pretty much most of the
• 24:16
  Speaker 1: market is what's your top on bitcoin? Do you feel
• 24:19
  Speaker 1: like that hundred k is going to be the number
• 24:23
  Speaker 1: psychologically that everybody is going to look at, or do
• 24:26
  Speaker 1: you feel like this is just a you know, maybe
• 24:29
  Speaker 1: a pit stop along the way for bitcoin.
• 24:33
  Speaker 2: I think that if you sold at one hundred k
• 24:36
  Speaker 2: in the long if you sold at one hundred k
• 24:38
  Speaker 2: and wait a year, most likely you will be able
• 24:40
  Speaker 2: to get in at lower prices and just fall in
• 24:43
  Speaker 2: the four year cycle. But I could show you kind
• 24:45
  Speaker 2: of my longer term price prediction here if we look
• 24:48
  Speaker 2: at the weekly and we look at some of my
• 24:50
  Speaker 2: trend lines, some of my spare lines. So I think
• 24:53
  Speaker 2: I'm a big four year cycle believer. I think you
• 24:55
  Speaker 2: will see the high some time at the end of
• 24:58
  Speaker 2: twenty twenty five, maybe early twenty SI. So the lower end,
• 25:01
  Speaker 2: I would say, like the absolute lower end that we
• 25:03
  Speaker 2: would see at the end of the kind of twenty
• 25:06
  Speaker 2: twenty five would be around eighty K. I think we're
• 25:08
  Speaker 2: gonna get well above that. So really like the low
• 25:11
  Speaker 2: end would probably be that one hundred K one hundred
• 25:13
  Speaker 2: and ten K mark at the end of twenty twenty five,
• 25:16
  Speaker 2: and then the high to middle range would be like
• 25:19
  Speaker 2: one forty five one fifty. I don't think you would
• 25:22
  Speaker 2: get much above that. I guess it's possible to see
• 25:27
  Speaker 2: two hundred K, but I think that's pretty unlikely. Let's
• 25:29
  Speaker 2: say we get up to that one forty five, and
• 25:31
  Speaker 2: it's typically used. We typically see last time we saw
• 25:34
  Speaker 2: seventy five percent correction. Let's say we get less than that.
• 25:37
  Speaker 2: Let's say we just do like a fifty percent correction.
• 25:39
  Speaker 2: That's back to sixty eight K where we are right now,
• 25:42
  Speaker 2: fifty percent correction, if we did the sixty percent correction
• 25:45
  Speaker 2: fifty six K. You know, those areas are what I
• 25:49
  Speaker 2: would kind of expect us to see at some point
• 25:51
  Speaker 2: in twenty twenty six, following the four year cycle. So
• 25:54
  Speaker 2: I mean, in the grand scheme of things, that's what
• 25:56
  Speaker 2: bitcoin does. It's always two steps forward, one step back,
• 25:58
  Speaker 2: so you will see that step backward. But if I
• 26:01
  Speaker 2: had a guess, I'd say your all time high is
• 26:03
  Speaker 2: going to be between one twenty to one to fifty probably.
• 26:06
  Speaker 1: Of course, don't forget to subscribe to Evan's channel over
• 26:09
  Speaker 1: there on YouTube, which is just Evan Aldough, very easy
• 26:12
  Speaker 1: to get to, and Evan thanks again for jumping in today.
• 26:15
  Speaker 1: We appreciate it. Safe travels out.
• 26:17
  Speaker 2: There, Thank you so much. Paul appreciate it.
• 26:20
  Speaker 1: You bet all right. If you guys are not part
• 26:22
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• 26:23
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• 26:25
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• 26:28
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• 26:31
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• 26:33
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• 26:35
  Speaker 1: We'll catch you next time, right here on tech Path