 Hello, everybody. Welcome to the Saturday livestream. So just as the thumbnail and title suggests, we're gonna talk about ranges for the Bitcoin price action and We'll get into that and then we also have to talk about of course the giveaway that we had talked about an X that we're gonna be Giving away $500 worth of USDT brought to you by Alvara protocol Which is what I'd be actually have invested into which is no surprise anybody so before we Jump in let me just state this which is price predictions are Not only are they worthless? They are also dangerous and they're dangerous because when you get a price prediction You start to believe that it has to go to this endpoint or else it's worthless or else you can't sell or else You can't take profits and this actually happened to me in the last cycle I predicted that Bitcoin would go to 150k and then I adjusted it to 100k and didn't even do that And I still say that we got screwed out of a proper bull run because the shenanigans that were going on behind the scenes with three Arrows capital with Voyager and Celsius and BlockFi and of course FTX So when I talk about these if it's we talk about predictions again worthless don't do anything for us however ranges I Think something that we could take to take a look at and see where we're actually going So for this one the title was five to five hundred thousand dollars for Bitcoin Now I always say that because when people ask me and inevitably they will always ask me the same thing Rob, what's your price prediction? I say well Bitcoin could be somewhere between five dollars and five hundred thousand dollars By the end of 2024 and I think I nailed that range, but what I wanted to take a look at today Just where we could actually potentially go this actually kind of stems from there was a great video put out by Bog Lucas There's a link in the description for this and he talks about a left Translated cycle and what that essentially means is that if we start to hit specific numbers and go to a specific ranges Of course, this is all TA. I'm not a TA person But we could have some type of blow-off top in December of 2024 and then we could start to decline now if that happens great If it doesn't happen, it's great because if it doesn't happen then we go to right translated cycle Which is essentially what we are all used to for your cycles. We get a blow-off top around April to November in 2025. I would not be Against that but we must plan for those things and take a look at if this is a left translated cycle and again, it's anybody's guess, but you can watch that video links in the description and What took a look at Was first of all, I want to see a total crypto market cap and trend line this is from Ben's website into the crypto verse and It's quite interesting actually today. I don't know if you know this. Let me blow this up so you can see this Today we are at a Fair market value for the total crypto market. Isn't that crazy to think about we're at a actual fair market value not up. We're not down We're pretty much where we're supposed to be and the fair value is roughly 2.39 trillion market cap and if we look at it right now I think we're somewhere around that that range for a fair value the upper band would be 22 trillion Which we have not ever hit and of course the lower band we can see over here is 807 billion And we haven't seen something like that and since gosh No, no, excuse me, excuse me may of 2022 see June at June of 2022 And of course that was one we had just rocketed off of our all-time high around November of 2021 And people were still in disbelief remember those times when we had a nice price action up here And people were talking about it's gonna be a hyper cycle and it's gonna just keep going for forever our extended cycle And we're just gonna keep going to the moon and Bitcoin will go to a million dollars Because there's a supply shortage and everybody's gonna buy it up. Does that sound familiar to you? Just put that in the back your head as we move forward. So right now fair market value fantastic Everything is going just exactly as potentially planned. So we take a look then at the Bitcoin Logarithmic regression bands, which of course is bubbles and non bubbles. This is where it gets quite interesting actually so if we can blow this up and this is why I say there were shenanigans because It's just trend lines just upper bands of bubbles and non bubble bands and just drawing lines Which is which has actually played out pretty well over a time frame. We can see that, you know back in 2011 We have these bubble bands and the upper band, you know hit off in 2011 And then we hit there 2013 and then we were at an upper band in 2017 and everything was going according to plan Until Again, 2021 I still think we got screwed out of that that that bull run. There's something wrong and we can see that it's actually going Some would say consolidation, but we're still going up over here in 2024 and beyond but look at this if we would have actually had That bull run the trajectory of this log on the regression band would not be where it is today We would not be in this kind of sloping downward area, but even as it is What likes everybody to notice this if Bob Lucas is right and let's I mean, he's right in one way We're either gonna get a blow-off time in 2025. Are we gonna get some crazy blow-off time in 2024? I don't care when it is if it's 2025 great because that means we have all the time in the world to keep accumulating But let's just say that this actually happens And again, we're taking a look at lower bands upper bands bubble over bands because we're gonna blow past these non-bubble bands here So let's take it to December of 2024 Oops, I already passed it Seem like we're going forever, but it's not look at this So let's just take 12 December if we're looking at that and This of course is just this is just Bitcoin not the entire crypto market cap but if we take a look here That would give us a range again a range of The non-bubble upper of a hundred and five thousand Okay, now does that mean that Bitcoin absolutely has to hit that? No, it doesn't there's a lot of things that consider There's mvrvz score. There's well multiple. There is the pie cycle top. There is time and risk bands There is the fear ingredient X there's a host of other things that you can look at So don't just look at this and go okay hundred five thousand gotcha Rob This is what it has to do before I start taking profits. I'm that's what I'm saying I'm just saying that if we take a look at this, it looks fairly reasonable 105,000 and like we've talked about before we are way ahead of schedule when we're talking about the price Appreciation before the halving usually at this point. We are 60 percent below our all-time high and right now We're like at five to seven percent below the all-time high anyhow, if we're looking at this It's a hundred five thousand for the non-bubble upper Not too bad, which is essentially right here Which we come over here. We almost actually hit that And if we keep going up and take a look at it where could it be well The bubble lower band could be 226,000 would anybody have any problem with a Bitcoin in 226,000? I wouldn't and the upper band is 337, but there's a another criteria Or another option that we may not consider which is this because We did not Again hit a reasonable like I say we got screwed of a nice bull run because that maybe at this point We overcompensate. I'm not saying we're going to hit a 500,000 Bitcoin I'm just saying that these are the ranges that it could be just taking a look and extrapolating these things out And of course as we see all the ETFs There's only 900 Bitcoin is being produced every single day by Bitcoin miners and there's a roughly around 10,000 that are being gobbled up by these ETFs and then of course April 20th or somewhere around there That'll be 450 Bitcoin and there'll still be people asking for it at 10,000 And there's also new ETF participants getting into the mix. So right now I mean if this holds true We're looking for the bull run that we were actually do In 2021 and that's a range for you. So let me just think about that in the comment section This is kind of a a bullish video My forte but it is what it is. I mean, this is the data. This is what we're looking at so there's that piece and then also I want to bring to everybody's attention because We put a lot of emphasis on Bitcoin and Bitcoin is going to do well. I think I I don't think by the end of 2024 will still be at 62,000 or whatever it is today However, remember there's these things called altcoins. I know some people hate altcoins and they think they're trash and And let's be honest most are but in the bull run things do quite well and We had been doing a dca series since september 1st 2023 and I picked september 1st because historically that is the worst month for The crypto bitcoin digital asset market as well as the traditional stock market september is a horrible month And I picked that to show everybody just how low we could go and of course I screwed up because september was a fantastic month for some reason But it is what it is and I said, okay, here's what we're going to do We're going to put 10 bucks in a day On bitcoin and also we're going to pick a bunch of different projects. I picked aetherium salana cardano dogecoin doge avax link polka dot matik adam near immutable x stacks and and celestia And you can go back to those videos. I think I added I don't think I had celesty on there and immutable x but We're just taking a look at it things and I just want to show you that Don't fade the altcoin market I know some people say well, they're not at their all-time highs. Well, that's good I don't want about the all-time highs. Well, I'm gonna stay low because I keep buying right now And if we just take a look here At how well we would have done over time From september 1st 2023. Look at this. You're doing just 10 bucks a day 10 bucks a day It doesn't really matter 10 bucks a day. That means a week. It's a percentages Well, we'll alter a bit and you're all right But if we just kind of take a look at look at this We're doing pretty good and take a look at where bitcoin is like november 3rd You're like halfway there. You're like right in the middle. You're up 23 percent. Yay Salana, you're up 75 chain link You're up 53 near 32 a to 27 stacks 25 Avax 24 by 9 23.4 for bitcoin. Let's keep going And we're glowing we're going we're walking we're walking Look at this december 10th bitcoin's only up 40 Matic beats you doge beats you dot beat you stack avax beat you by 212 percent Let's keep going But you see where i'm going with this, right? Bitcoin will do really well bitcoin. I don't think anything will flip bitcoin Bitcoin is probably the best thing that's out there right now And of course people will disagree with me in the comment section It is the safest asset in the most volatile market that we potentially have But over time gains are there and they are there to be had and of course. Yes in this market Anything can happen. But just look at this Look at this Right here february 13th bitcoin is 1 2 3 4 5 number 6 7 8 9 10 14 14 Yeah, it's below the 50% line So, I mean you're still 41% but look at this immediately x stacks lana abax near link tia eta then bitcoin Now going over here. We can see that actually Yeah, bitcoin still not bad. So even if you got in september 2023 ah So september october november december january february Six months ago You're doing pretty good But you would have done a little bit better on alts I'm not saying to get an alts. I'm just saying don't fade alts because there is a piece for those anyhow That concludes that piece. Let me know what you think about that in the comments I still uh Am dollar cost averaging bitcoin and ton of alts some are daily some are Every three days and some are every week, but I do think they have their place And uh, I think Getting into the right one at the right time will uh be life changing money, but I can't say what it is All right, so that concludes that piece now. Let's get into uh, the giveaway so Alvar protocol, of course, you know, that's uh, I invest into it. I don't talk about anything unless I invest into it They reach out to me and said hey Hedge likes and tokens. No, not really how much you give me 500 bucks and I'll give away to my my Subscribers they said sure so they gave me 500 dollars and usd t on dep 20 dep 20 is the binance smart chain So what we're gonna do right now first of all if you'd like to find out why I invested into alvara, which is essentially a A defy hedge fund There's a link in the description. It's for dam dj in channel. That's where like all the risky stuff is I keep that separate That was two weeks ago and looks like they're going to be listing on Uniswap on the 4th of march just so everybody knows once you have an initial listing or an ideo initial decks offering Once that happens In the first couple hours it goes crazy. Usually it goes straight up But after that usually there's a big Dump. So if you're going to get into this and you believe in the project Maybe send the sidelines for a little bit on the uniswap if you want to be a gambler have at it Uh, and of course that'll be over there on uniswap and I'll talk about it. That's up to you now Let's do the giveaway. Hopefully this works pretty well. I haven't used twitter picker in a while. I like to do these things live so Very simple twitter picker.com. Uh, you put in the The url for the tweet itself, which I've already done And of course on this thing you had to follow alvara protocol, which is their x account So let's see. So that looks good profile picture must or the profile must have a picture Tweet count any age one month or more latest tweet in the past month. That's reasonable. So you can make it Congruent. All right. So continue. Hey, look at all these people 60 entries dr. Crypto douglas baker A whole lot of people H coin whale No one All right, no one cares get to the thing rub All right, so out of all those people that did all those things and retweeted and all that stuff Uh, we had 60 people in there. Let's begin the drawing Whoops Poach congratulations. Unfortunately. I screwed up So let's see here Wait, wait, wait, wait Congratulations poach I'm gonna follow you and then I'll write you in a little bit All right Let's go back Because there's supposed to be five winners rob. Let's see. Let's make that four No Do this again. No, oh tweet All right, that worked out pretty well Let's see and this one you got to follow Alvara, so it'll be four more One reason to go three wise All right Let's see Four winners tweet count any picture description da da da da da. All right Continue hope poach doesn't win again And let's begin drawing for those four winners who's supposed to be Total ah, all right, that's better. All right, Orlando Sasha Gustavo Marco I will be reaching out to you via on x And of course make sure that it's me You can verify that with the person that actually has over 160,000 followers on x But I'll be asking you for your binance smart chain Wallet and I'll send you $100 with the tether. Thanks for playing And that's it for that piece. Now, uh, everybody, I guess there's a well, there's a couple of things Let's see here Now I got you Oh Also for the degen part if uh, if you're curious as to what I've been investing into lately and previously There's a link in the description And it's the my degen chart you can click on that and there's all the things that I've actually invested into and even the new ones also How much uh, I made And the gains and what the investment's worth now So like some of these are pretty good like again, so kisha put in 5000 went to half a million and it's all time high everdome I put in a thousand. Yeah, that's 16,000 fame did really good thousand bucks went to 47,000 Sweatcoin put in 25,000 hundred fifty seven thousand worth worth Now that's at the all-time high the drop sell at the all-time high absolutely not Because raw I can't I can't time it actually I've actually layered out a little bit except for sweat coin I didn't really I got locked up because I was uh I was on a special round and they had to lock me for a full year and then when I got it back out of year It really didn't do much for me. So it's that I got a penny. So right now the investments Again, so kisha is still up 13,000. That's pretty good. But everdome 120 bucks fame is only worth 70 dollars pretty sad And sweat coins worth 17,000. That's pretty close. We'll see how far kana. I've been paying alvara dough and remember this was during Well, one of these was during the all-time high but the rest of them were doing the during the bear market And that's it just trying to be transparent That's it for everybody. So look like today's video give it a thumbs up consider subscribing and let me talk about his time sensitive