what's up guys welcome back to the channel today we have a very exciting video because we have Bitcoin smashing all the way to I think almost 90k at the moment which is absolutely crazy Bitcoin fomo season is officially here and I have one of the best guests today in the business to give you an idea of what happens next in the market we're going to be discussing with Doc xbt here what our bitcoin price targets are for this cycle what we think happens next for Bitcoin obviously it's run up a lot can we expect a
cool off is it going to keep pumping we're also going to talk about when the potential altcoin rotation could happen What are the top alts to capitalize on that rotation and much much more this is one of two shows that I'm doing today I'm uploading twice a day now we've got the market updates in the morning which is this show where I might have a special guest or a Trader on the show and then later in the day I'm going to have my altcoin Alpa show where I go a little bit deeper into the altcoin
more Degen parts of the market so make sure you are subscribed if you're not already and have that post notification Bell turned on so you don't miss that show later in the day doc welcome to the show what a crazy crazy time for Bitcoin and crypto at the moment yeah it's a pleasure miles thanks for having me on man it's gonna be a lot of fun I've got to say something uh I've got to say something purely authentically like you've absolutely killed it uh this cycle you've been in the Discord um with you've got your
own channel there obviously we're friends and you kind of hang out there and and post some charts and you've been very spot on like your your trades pretty much across the board I remember at one point you flipped bullish on bitcoin at I think 53k with Fabian on on the AMA when everyone else was bearish um people could see here like way back in the uh I'm going to scroll even back this is your Discord channel in the miles high club um way back in September in August in July you were high time frame accumulating
a bunch of coins um which are now all significantly up so I've got to give credit to you for for smashing it and that's why I was ke to get you on the channel today because um I think you've got a great read on the market and can give a lot of the viewers like nice perspective on what they can expect uh next in the markets yeah I appreciate you man it's been a it's been a great summer to be honest um I think a lot of people were in pain with that eight months of
shop like looking at this now it doesn't look so bad right but uh experiencing this day in and day out I think a lot of people kind of lost their minds in this range so it's really really nice to finally break out and get a price Discovery a proper price discovery on bitcoin the proper Bitcoin all-time high rally that we were looking for back in March is finally here so I think the people that stuck around through all of this um and took opportunity to buy altcoins that were down 80% 70% uh and were in
reaccumulation I think people who took that opportunity uh are feasting right now but if you didn't do so I still think there's a lot of opportunity left in this market because historically when Bitcoin breaks all-time highs that's one things get really really nutty so now is definitely the time to focus up yeah we I think we're about to hit that crazy or we're at least in the beginning of that expansionary phase which we'll discuss today and how people can uh prepare for that before we get into things here I want to remind people if they
do want to join the miles high club there's a link in the description below doc has his own channel there where he posts setups all the time and so if you do end up resonating with this trading style and ideas you can join that and get more of an insight into his style and obviously we have a bunch of Alpha from all our other contributors including myself where I post early altcoin Alpha rep daily reports and a lot more but without further Ado let's get let's get into the charts because that's the important thing right
now and I want to start uh broadly and just get your thoughts on this current move and what you're seeing right now in the markets so I mean I think this move caught a lot of people off guard if you were positioned for this you thought it was going to be inevitability right I've been positioned for this since September that's when I really turned flipped bullish when we put in this macro higher low um right around 53 54k as you mentioned earlier in the video um this was kind of the turning point for me we
had absorbed tons of bearish news War Germany selling Mount gow selling uh Silk Road selling the japani Yan carry trade and if the Bears have this much momentum why isn't Bitcoin breaking down so when we set this higher low and we started bouncing that was the idea to get really bullish and it's been kind of the wall of worry as as a lot of people would coin it on the way up um and the last one was the elections you know is Trump going to win is Cala going to win um that got people to
kind of I think risk off so from here man uh I think I mean we're blasting off straight to 100K um 100K in everyone's mind is a very consensus level um and one thing that happens in crypto or in markets in general is whenever there's consensus levels what'll happen is a lot of chop around them I don't think it'll be that easy to break through 100K um so we could see things kind of slow down for Bitcoin and go a little sideways and and for altcoins to catch up a little bit over the next few
weeks let me take you back to the last time we broke out of a mega range which was last summer uh we had spent I think six or seven months in this range between 25k and 30k let's just mark this out for for visual sake um and and when we finally broke out of this one you know Bitcoin LED it exploded I don't think anyone thought we were going to be at 35 36k so quickly um and then the momentum slowed a little it's not that it wasn't going uh going up so fast it was
just that altcoins got a little bit more of a bid uh through this region um and and I think something of similar is about to happen over the next few weeks where we see some altcoins catching up some narrative sparking some more risk appetite coming back into the market people feeling underexposed obviously the first thing they're going to do is buy altcoins I don't think that many people are going to be excited to buy Bitcoin at at 90k I think that just the average person will be gravitating toward altcoin so I do think we get
some altcoin rally over the next few weeks going into December I saw this tweet earlier this morning from ran which he said you can't even imagine what happens when Bitcoin stops sucking the liquidity from alts and I think it's kind of true like I've spoken about this on the channel the healthiest Market rallies always begin with Bitcoin absorbing that liquidity like I've even had retail friends texting me about Bitcoin today they're not texting about altcoins yet I know a few are but it's mostly a Bitcoin L rally still in terms of of the dominance and
the others BTC chart um but that is what sets up I think really healthy Market structure because then eventually you can have that wealth effect of that you know rotation Capital going down from Bitcoin into altcoins and also new speculators that are on the side they see Bitcoin at 100K they're like oh look I don't want to buy Bitcoin at 100K I want to buy you know Pepe at a few Bill market cap or I want to buy um whatever coin it is you know even salana like just coin slightly down the risk curve and
that's kind of how the altcoin cycle ends up developing when Bitcoin starts to slow yeah definitely but I think we'll talk about that slightly later I'll get your opinions on the altcoin market top alts Etc but uh firstly on the Bitcoin front I I spoke to you a couple of days ago um when I had a phone call with you and uh you you said something to me uh which I ended up repurposing on on Twitter which was basically like we don't consolidate in a range for eight months just to go to 100K uh can
you elaborate on that thesis a little bit and maybe give us a bit more insight into what you're targeting for Bitcoin this cycle yeah absolutely so last summer when we broke out of this range um I want to tell you straight up I did not believe when we broke out over 30k over 25 30k that we were going alltime highs uh I think there was few people that were calling for that Target um I don't think many people thought we were going to make an all-time high before The Happening um in in the in the
leap year which is you know historically not going to be the best year for Bitcoin or EXC not leop year but 2023 um and and it shocked people right because when you break out of a consolidation you've got a lot of momentum right six seven eight months of consolidating you're going to Trend in a crazy manner in the direction of the breakouts um and had we made it to 100K maybe last year earlier this year I would have said okay yeah that might be cycle top or something but the fact that we Consolidated here around
all-time highs for as long as we did and then broke out I don't think it's a rational Target to just aim for 100k I think uh yeah there will be shakeouts yeah there will be pullbacks there'll be liquidation events it won't be an up only you know ride you'll get these modes like we had here last cycle big 30 40% ShakeOut on bitcoin alt coins got hammered during that run but ultimately we did end up trending higher so I I speculate that maybe something like this will happen around the 100K Mark uh and then we
will make another leg higher uh after that so uh if you really want me to share your T share my target this is kind of speculation for me but I think Bitcoin ends this cycle as the number two market cap asset in the World Behind gold which means that I believe that it's going to flip all the major tech stocks Apple Microsoft Nvidia um which you know at current prices would put it around 170 180k yeah so nvidia's at 3.56 trillion that's like the number one risk on asset right now to kind of speculate on
the macro cycle that we have with the rate Cuts Global liquidity Rising Point sitting at 1.7 trillion so yeah roughly a 2X which as you said would take us to about 170k that's insane yeah yeah it's it's hard to Fathom right now but uh you know one of the things that's happened over the last eight months is everyone's cycle targets have come down drastically uh six months ago eight months if you asked people they were saying 200k 180k uh but I think this chop got to a lot of people and they're kind of thinking oh
we'll top at 100 110 105 120 um I think we surprise people and remind the world what the greatest trending asset in all markets actually is and that's Bitcoin I mean gold has a market cap of 17 trillion so like that's your upper maybe not for this cycle but it's got that kind of anchoring point for in the future if then I think there's still a lot of Trad like in crypto where like we think bitcoin's digital gold whatever but there's still a lot of tradire like every company pretty much every single fund and even
a lot of retail that is still offside so you still have mass offside positioning like I saw a stat yesterday about how like if every millionaire in the world owned Bitcoin they'd only be able to own3 bitcoin yeah so like people are just massively offside right yeah I mean they're they're not going to get that Bitcoin either man they're they're in safer hands they're in our hands now they are in our hands I remember doing a tweet in in the Discord at one point I probably not going to be able to find it now at
53k when I was um really stacking I I said like I made some big buyers to my long-term Bitcoin portfolio so that's looking pretty good today um I know you know you were stacking Bitcoin around that period as well so uh really that ShakeOut even this year was like a transfer from like the weak hands to the strong hands we the strong hands I guess this example yeah I think uh in anything like crypto it always pays to have a long-term view 100% I mean yeah having a long-term even this cycle like I want to
issue a word of caution and when we discuss alt in a minute here we'll probably have to uh um discuss this as well I think think like I think there's a lot of room to go up I think there is a lot of upside left on alts but you do have to maintain that that long-term view uh for the remainder of the cycle which means not just buying assets that are pumping because you're foming not just buying stuff you don't believe in because the price is pumping and you're scared of missing out it's always better
to buy assets like you actually have conviction in and if you take a slightly longer term View and in crypto longterm could be 6 to 12 months um you're going to be much better prepared to actually ride out those dips like we got from May to October this year if you aped in March into asket you didn't believe in you probably found it very hard to hold throughout the last eight months right it's going to be the exact same throughout this next leg of the cycle because even if the market keeps trending up you will
get shakeouts and you'll get periods which are going to test your conviction yeah 100% so on the topic of um before we go into altcoin still on the topic of Bitcoin um so you know you said you've got a really high price Target this cycle so do I I don't know if it's 170 but it's definitely over 100k I think 100K is consensus when when there's a consensus number either you go under or over and I think in this case the setup is for us to go over as you said like we didn't consolidate in
a Range just to you know go to 95k and and then come back down so I'm of that opinion too but how do you think all of this plans out um pans out TimeWise because obviously we've already had a big push do you think maybe I know it's hard to you know time and obviously ta and Pa is going to dictate um our our timelines on the cyle but but what are you thinking you thinking rallying to the end of the year I saw you did a tweet today saying you you expect some Wicks at
the end of November so how are you feeling about the the timeline here for Bitcoin and its trajectory I think uh well we can get to the the kind of liquidation thoughts in a little bit but um yeah what I think you know I first of all shout out Trader cause because he's the first one that that brought up this idea so I'm kind of branching off his idea here but he said that uh you know people believ that the election was priced in they believe that the Trump win was priced in and that the
election win for Trump could have been a sell the news event as you know people positioned for the Victory and if the victory came in it would have been a take-profit region uh it didn't end up that way as you guys can see by the price action here but one of his speculations was that the inauguration in January could end up being that seld the news event right similar to how we saw last year uh going into this year with the ETF right we had a lot of speculation um in Q4 last year about the
ETF odds of approval the Bitcoin ETF odds of approval were 90% 95% we rallied really really hard and then the day of the approval ended up being a little bit of a sell the news event we got a whips saww uh this took two or three weeks to recover from we did have a 20% down move on bitcoin some altcoins moved down 30% 40% 50% um and then we inevitably had a leg higher so drawing parallels from that it could be a situation that when Trump goes into office because we're thinking Trump is bullish for
crypto will bring good regulation will hire good people uh to regulate the industry in the proper way uh bring jobs to to the industry and so forth um it could be that uh the day that he enters office could be a little bit of a whipsaw like we saw with the ETF going live so the timeline from now till then would be kind of be bullish into the new year uh maybe have a risk-off moment somewhere around the new year maybe early January something like that um and if that is bought up and held by
high time frame Trends um I think we'll see trend continuation do you think that continuation would last in that case until cuz I'm seeing speculation like about a q1 Q2 top of course it's impossible it's a time right now but is that your general feeling or do you think that this might actually extend to the end of 2025 I spoke to Jason Pino a couple days ago at dinner and he said that he thinks it's going to last until the end of the year and Kyle dupes who's another Trader that I respect he uh he
says either April depending on how toppy things are looking or you know potentially it might get extended to the second half of the year if if we don't have that blowoff in in April here's what I think I think somewhere in q1 you're going to get the Bitcoin dominance top where uh bitcoin's leading this move uh whether it's around the inauguration or a little bit after the inauguration you'll probably get the Bitcoin dominance top um which will enter a little bit of distribution if I pull up the Bitcoin dominance chart here um this is kind
of my speculation I have a little bit of a doodle here where we'll top somewhere in this region between where we are now and probably 65 5% it'll chop around here a little bit and the inevitable alt season will be when we lose 60 when we kind of deviate the 60 level we've respected this level a lot in the past uh when we drop back and dump below here that that'll be an all season so um I do think the cycle will extend a little bit beyond q1 um as we know April and May has
not been good to bitcoin I think a lot of tops in Bitcoin have been around April and May sell and May and go away um but I think the fun of the market can continue I don't think it necessarily has to be an immediate kind of bare Market situation it could be kind of like Bitcoin has topped Bitcoin puts in a three four month distribution we get to have a lot of fun in altcoins um and then we inevitably maybe roll over so it's very hard to say exactly when it's going to top but I
would speculate that the fun in crypto goes a little bit deeper into 2025 rather than just finishing in q1 so you think the big coin season is more likely to happen next year rather than kick kicking off in like a few weeks cuz I'm some people saying it's almost old season now so you think it's G to extend I think alts will have fun uh don't get me wrong I think alts will have fun they're gon to catch up we're gonna a lot of get a lot of good and they're already having fun probably if
if you're following me or you um you're probably already making more money on all coins now even in this move than the dominance is up right if you're in the right coins 100% 100% I mean I mean look at grass fog like we've been killing a lot of coins but if you're looking for something like this the 2021 type of alt season where Bitcoin dominance basically nukes to zero uh in in a Flash move um I don't think this is going to happen until you lose these weekly Trends so if we look at the weekly
Trends here they've basically carried us from the FTX lows right we've had one consistent dominant uptrend on BTC dominance now I'm a trend Trader I'm a price action and discretionary trend Trader um if I see an asset trending like this I'm not going to be willing to call Top I need to see these Trends lost right so if and when that's going to happen alongside price action I think you're going to end up a little bit of a distribution here these Trends will roll over and that's not going to be a one to two week
thing that is going to be a multiple week possibly couple month type of thing before this eventually rolls over and you get a big nuke on bitcoin dominance and that nuke on bitcoin dominance is what everyone's going to want to see and cheer on if they're looking for that 2021 style alt season yeah I think I think you just got to follow the trend right just follow the trend until the end of the trend instead of trying to prematurely I think that's where a lot of people get caught out they try and prematurely call Tops
they try and prematurely call bottoms but really all the information is in front of you yeah uh the trend is your friend until the trend ends the last piece of the puzzle that I don't see many people talking about is the big biggest counterparty to bitcoin dominance is ethereum because ethereum has the second largest market cap after Bitcoin so what happens in a period of sustained outperformance when when ethereum has a period of sustained outperformance against Bitcoin it's going to put a lot of pressure on bitcoin dominance that is what is going to be your
signal ultimately that the alt season is coming and one way to kind of speculate that is to look at eth BTC now eth BTC has been basically the Mir opposite of Bitcoin dominance it's been an extremely long downtrend it's been getting rejected by the trend retest every single time my speculation is that when this rounds off and we break this trend on eth BTC to the upside that is going to be your indication mentally to be prepared for that type of alt season when ethereum starts leading it puts pressure on bitcoin dominance due to its
market cap that's going to cause Bitcoin dominance to roll over that's going to give you your alt season just simple math it's funny a lot of people have been fading ethereum this you think it you think it comes back I mean it already has performed old pricewise but you think it comes back against the BTC pair at some point I do think so I I don't see a market where ethereum doesn't have its moment in the sun in the uh in the spotlight um that's happened every cycle I think people have been really down on
ethereum multiple times even kanano had its moment this week shows right everything has its moment yeah I mean even if you look at Price action the past couple Cycles you know EBT kind of does the same thing it it finds support it loses support it gets a disgusting bleeder uh reclaims and when it reclaims that level of support it sends really strong we did it again we we held support for a while we bled beneath it when we reclaimed we sent really hard um the Line in the Sand here is around 50 or excuse me
five cents uh on eth BTC I think if that level is reclaimed um that's going to be the start of your old season and the the kind of spark of Interest before then is going to be the when the weekly Trends get reclaimed it's funny looking at others BTC looking at eth BTC looking at like total three BTC it's painting this picture that old season and and dominance old season isn't even remotely here yet which is really crazy because we're already seeing a lot of strong gains on alts but uh the the fun for alts
hasn't begun really at all so in light of that what is your strategy right now when it comes to altcoins obviously I've been getting a lot of questions like you know is it too late to buy Etc and look obviously like we'll be honest with the audience it would have been better if you were watching the videos and and the Discord posts throughout the last eight months CU that's when we got really nice high time frame entries but I still think there's a lot of upside in alts so now that we are at higher levels
how do you play accumulating alts do you wait for those big liquidation Wicks and get in with tighter invalidations do you do you just buy Spot and and just forget about it for six months like how would how would you be well how are you personally playing the altcoin market for the next like six months for that eventual old season yeah of course so if you guys remember uh if you were active during Q4 of 2023 there were a bunch of altcoins that were strong that summer uh salana was one of them inj Caspa right
and what did you see happen when Bitcoin kind of opened the floodgates uh Caspa inj um salana were the strongest coins out of the gate it didn't require an ALT season it didn't require anything their structure was just ultimately very very bullish uh going into that Market um I know I'm not showing the charts right now but you got me covered there um the yeah the the the coins that were primed for those moves were the ones that were super hot out the gate right it took some time for other coins uh to get initiated
to get that momentum to get those Trends to get that price action so my focus uh over the past few months was just kind of keeping an eye on which altcoins are trending despite Bitcoin which altcoins are strong despite Bitcoin uh and position of those because I know when bitcoin's strong those altcoins are going to fly so uh that's been my strategy so far um we've hit a lot of bangers uh you know a lot of the summer coins have been lower caps the bigger caps haven't been as fruitful but the lower caps have been
really strong um and a lot of the big caps are I think just about to exit some of these accumulation ranges so if you look at something like an Ando right it's spent a lot of time ranging it's breaking above a range uh it's giving kind of a retest I think this is a level to defend right if you're if you're looking to buy something like an Ando you have a very clear-cut in validation just don't drop back into the range uh there's a bunch of coins that are doing this right now like render again
you know has spent a long time crabbing and ranging right this is a very clean level to work with it's starting to break above that level so as far as a trending move goes um I think you're very early on a lot of these coins right you've just kind of missed this accumulation range so you didn't get bottom Barrel prices uh but the the trend momentum hasn't really began yet it may just be in the early Innings so you're looking at setups that have like started to reverse now are are starting to exhibit bullish signals
and are reclaiming like key High time frame levels and trying to get into those on like on continuation basically as long as they've like held key structural levels yeah 100% like uh look at something like a towel right this already had its accumulation a couple months ago June July August September it broke out in September um it's given us a really clean High time frame retest let me see if I can find a little bit more price action um to display this right um you know losing weekly Trends reclaiming weekly Trends giving you a perfect
retest this coin is much more bullish than something like I just showed you like an Ono or render this is where the market positioned itself very early on um and I think these are the coins that are going to continue to be strong over the next few weeks uh before the rest of the altcoin market is ready to make these kind of Banger moves so you know what I would say here is you're early on some alts you're a little bit later on some alts but the alts that are strong right now are the ones
that can really really fly over the next few weeks because they've got the right conditions to do so I'd be interested to look at like Pepe and some meme coins on on your charts and see what you're seeing there as well yeah absolutely so if you if you just look at Pepe the way that I've had it drawn here it's just in my opinion one large range right you've got your Range High you got your L range low range mid uh pric is respected all three of these levels very beautifully trading above range mid right
now um I think this is your bias point on Pepe as long as we're trading above range mid holding this demand block that we just set in a couple days ago I think Pepe can continue to trade up um if and when you know we lose this to the downside it may enter another period of reaccumulation um and then may have a you know the the pump may come a few weeks or a few months later but you know my my entire um game planner system is just based on a lot of if then scenarios
if this continues to happen I'll continue to position this way if this does not happen I will not action this uh if this fails I know where I'm wrong so something like Pepe uh very very strong out of the gates um and I think Bulls all like pretty much just want to see about 10 to 11 held here for high time frame continuation what what are the top alts that you're eyeing right now from a fundamental perspective a technical perspective like what alss would you personally like to accumulate more of if you're given an opportunity
to do so should we start with Pepe since we're here um yeah yeah so so Pepe if if anyone's everever followed me or heard me speak before is my highest conviction play of this cycle as far as you know Meme coins and highest beta um I look at this as kind of probably the most recognizable meme on the internet common in forums and gaming culture if you've ever been on Twitch ever played a video game and been on Twitch uh I think you've seen these these emotes spammed in the chat so recognizable um I think
this you know the cycle top targets for for Pepe is that it's probably going to end up flipping shib um you know we have a lot of dog coins not a lot of frog coins and I think we can make some rooms to frog coins so um I've been accumulating Pepe down at these lows um I took another opportunity to buy some Pepe down here and off the reclaim I didn't actually buy this Pico bottom but off the reclaim I bought a little bit more so I'm pretty heavily stacked in the Pepe um that's pretty
much my highest conviction as far as like end of the end of the risk curve kind of goes um with meme coins um but other than that as far as Majors I'm heavily stacked into salana um I I think there's no world in which doesn't make new all-time highs enter its own price Discovery um and probably get to some very nice targets I'm thinking like 450 500 on salana um and it's just now breaking out of its own accumulation so any pullbacks on salana definitely worth buying um I don't think there's a world where this
stop shy of of all-time highs I think we're going to get well above all-time highs on salana and that's going to be my highest conviction as far as you know choosing a major between Bitcoin ethereum and salana uh I place my money on salana to at this point the cycle you can almost take if you're a bit more risk on if and you want to compound gains you can take profits into salana like on a lot of meme coin trades you can take profits off like rotation stuff into a soul obviously Bitcoin as well but
if you're trying to maybe squeeze a little bit more juice out of the lemon salana could be a good one for for that strategy I know Elio spoke about that you know months ago how he was taking prophecy to Soul so that's a strategy as well yeah yeah definitely um a couple of the other ones I picked up uh grass as far as the AI plays I know AI has been very very hot um you know this entire cycle last year this year that's an alert going off there um but grass has been extremely strong
uh came out the gate has been in a really clean High time frame 4our uptrend um and I don't see a lot of people talking about this coin which which I find really nice um I think w w will get out they're not in they're not in and I I don't think there was a lot of good deals for for like pre-sales and stuff like that so um no it was like a very fair air drop actually I'm doing I'm writing a thread on this right now like what other projects can actually learn from from
grass because I think it's they executed the air drop absolutely perfectly I want you to Pivot quickly to the low time frame Bitcoin chart because I'm just on my other screen and I'm noticing and this is going to uploaded pretty much right away um I'm noticing a little bit of a pullback pretty normal right I mean I had a massive squeeze um you're getting some liquidations probably happening at the moment uh yeah I think a very probably normal healthy profit taking once you get you know I think a 40 50% move that we've experienced over
the last few weeks um you know as long as the trend continues to Trend I'm going to bet on continued upside so the trend that I respect the most is the 4H hour Trend um when we're in price Discovery uh I think pullbacks could be pretty deep you know 84 83 something like that the trend will go up a little bit price may come down a little bit but as long as the 4-Hour trend is holding um I think we continue to mark up that would be the dip buying zone for me uh and and
if and when Bitcoin gets there I'd basically look at my alts of choice see if they're strong see if they're still in bullish Market excuse me bullish Market structure uh and continue to play Longs on those we actually have an indicator in the miles high club um you probably know about it DOC because everyone in the group uses it and and yours is very very similar uh it's it's called the money noodle it's well Paradise created but pretty much the exact same indicator that you're talking about now with with a couple of tweaks so that's
available exclusively for for members of the group if you want um if you just want something to help you manage the risk on your trades and also momentum in terms of you know getting into opportunities and drisking out if if there's any um any sort of like warning signs in the market so all all these sort of indicators like the moving averages um I think in this in these market conditions are actually quite good because it's a it's a like Trend continuation indicator basically yeah 100% very easy I want to I want to ask you
about this uh and Paradise also teaches that in the in the group um pretty Hands-On in the education section I want to ask you about this this tweet you said you're expecting and obviously this is a guest right just based on current price action I saw I saw a few like comments it's you can see my reply in there someone asked you know what Mak you think this and I said I'm making it up but uh it comes with a little bit of you know a little bit of thought I'm being a little bit uh
just kind of flippant on CT just to joke around but the reason I think of it this way is whenever we mark up uh two things naturally come into people's minds one is they're sidelined and they go uh I you know I'm not going to buy I want a big dip right and when that dip comes I'll buy it right so they're just kind of looking for this big dip to get into the market um and the number two thing is people that are up a lot of money uh they're they're really thinking about this
of like okay uh maybe it's takeprofit time you know things are overheated I don't want to rush into getting more risk so people are a little bit cautious um big liquidation moves tend to happen a couple weeks later than people expect so right now I think the thing on everyone's mind is we're probably going to get these big liquidations we've marked up you know things are heated uh but what they're failing to recognize is where this money and is coming from where the buy pressure is coming from it's coming from trafi it's coming from the
ETFs I think uh do you know what the record inflows were today I think they were pretty record so yeah it was two billion over the last four days then we had the weekend and then we had another 150 or 120 on black rock this morning let me get up the accurate numbers um 357 total across all of the ETFs yeah uh today so I mean this is unprecedented unprecedented exactly so I think when you get kind of inflows calming down uh and stuff like that and then you get a lot of people satiated in
buying a ton of alts right getting very frothy in the altcoin market that's when those liquidations come I don't think they come kind of day one day two day three of the rally uh it takes a little bit longer so the the prediction that I put out there you know end of November uh kind of lines up with you know when we got the last one so if I once again use parallels to the last time that we broke out of a mega range um did Bitcoin give anyone a dip for the first 20 days
it didn't it marked up Consolidated marked up Consolidated marked up Consolidated this move right here believe it or not was that kind of liquidation move this is where altcoins took a little bit of a beating and it really wasn't that much high to low right it was a 10% move on bitcoin nothing drastic if you look at this on your chart you wouldn't even think that that's that big of a deal uh but that happened about 20 days after the breakout it wasn't a mediate so it took a little bit time to come and and
if we're thinking about the election date being kind of the origin of the impulse the origin of this rally I'd say about two or three weeks later is when you're going to end up seeing a little bit of that froth uh a little little bit of people Overexposed to maybe leverage positions uh refusing to take profits because they've got generational entries and when things start roundt tripping on them they might get a little panicky which leads to a little bit of a bigger sell-off so it it won't take much you know on bitcoin it would
only take a five six percent move maybe 10% move uh from losing the four hour Trends back into the daily Trends and that that might that might be enough uh but I I don't expect it to be today or tomorrow I think it's a little it's going to happen a little bit later if you look at the last Bull Run like in the leadup to the the rally like or the massive alltime high in 2021 we had a few of these shakeouts they would come like once every couple months so I think we do our
first one after the all-time high breakout probably yeah around what you're saying as well um look look here like so so you could say this is like the initial breakout here at 20 you had that big wick then we had another massive Wick at 22 then we was pretty much up only from December until Jan then Jan 2021 you had this massive like shake out here um so so like you get it every couple of months even if you want to go even earlier you you do have these periods where the market will be bullish
for 1 two 3 four 5 six seven weeks big ShakeOut 1 2 3 four 5 six seven eight nine weeks big ShakeOut 1 two 3 four five six seven so it's like roughly every seven to nine weeks you get a ShakeOut so that probably points towards like December like you know your argument might be it's a little bit earlier because we've just gotten hit it up so quick um so like it does happen right so you got to be prepared for it yeah 100% so yeah I mean that's my best guess is that uh the
liquidations tend to happen when things get frothy uh things get frothy when people are very confident and comfortable and they're not kind of second guessing should I buy do I wait for a dip and you know what really puts the pressure on people is Bitcoin putting in these lockout Trends so once again I'm going to bring it back to the last breakout that we had last year because I think there's a lot lot to learn from this one um these these Trends these lockout trends that don't give people the entries that they want they start
mentally going I need exposure to the market I've missed so much uh let me just take a 3X long let me just take a little bit more risk let me buy something more down the RIS curve that maybe you didn't initially want um and those moments take a little bit of time to go in people's minds they don't happen kind of day one day two so I I think those big whipsaws and kind of liquidations and you'll see the reaction that Bitcoin got here you know big puke instant recovery right big puke instant recovery um
because those are swallowed up you know people are looking for those entries but uh the people that are a little impatient and and and they can't wait for them um you know I'd say if you're right now and you're getting in the market just don't buy on Leverage you just you know buy some spot chill uh get some exposure buy some Majors uh don't don't panic because I think if if this Market turns out the way that Miles and I think um you got a couple months to have some fun yeah I think that's what
people also um get wrong in the market like they see the first little dip like you know we might have a tiny dip today you know from 90 to 85 or 86 and ultim might go down like 3% and then people start to like ape into that dip what actually creates the bigger dip is people buying too early so everyone going into that first dip and then you get that shake out and then everyone has like not a very good entry and then you get those liquidations and that ends up creating the bigger dip which
is actually the one you should be buying so you can actually be patient on on on many and um just wait for some of these like bigger shakeouts they'll be eaten up pretty quickly so you've got to be alert alert you've got to set limit orders on these alts um and try and like condense your buy list down so have like five to 10 alts or four to five even that you really want to accumulate and just track those really closely yeah 100% yeah I think um I think you know what I think we'll wrap
it up here today because I think I'd love to get you on again and there's probably so much more we could talk about unless have any final notes um we could probably talk forever you know no I mean we can we can save it for next time we'll save some Alpha because go forever yeah if if the viewers like like you and you know we'll have you back of course they'll like you so um because you've been I mean amazing this year pretty much spot on uh even even when you shifted risk on in the
low 50s like that was that was very shrewd um I've seen it all in the Discord so I highly recommend everyone also follow doc on on YouTube for for his live sessions he also does a weekly thing uh if I can get it here in the in the Discord as well just for miles high club members where he hangs out answers questions so if you want a bit more one-on-one time with Doc um and you're not on the mil high club there's a link below as well and yeah thanks for thanks for joining and um
yeah always learn a lot when I when I get on a stream with you yeah thanks man thanks for having me on Pleasure I'll see you in the next one guys later today turn that notific ification Bell on for the altcoin show later where I'll be going through some of my top alts for the next few months see you in the next one peace out