Where Is Bitcoin Headed? Altseason?

Thank you ! Really enjoyed your recent updates on my model look for earlly next week form brake

thanks Cobra! very good
you did say need a weekly close.

What about the CMI gap?

I believe 120k is a realistic target for sure, i will be pulling profits from all my positions if we hit in ~10k of that range. i will probably leave like 5-10% on the table in case of 200k+ gets hit. Overall i think we have 1-2 months of bull left and then we are gonna be having big pullbacks and sideways again. Hopefully we will get atleast a month of alts running in this timeframe. Im honestly looking forward to getting completely out the market, as its super stressful to be in, especially in the alts that are down against the rest of the market. Been here since 2017.
I think alot of people are just waiting for a bit higher price on their positions(alts) to get out since most people have lost faith in the overwhelming amount of shitcoins thats printing everyday.

Thank you cobra. Very good arguments. 😊

İm followinf the nubl indicator also, which shows there is time. İ dont care the number of btc price 🙏🏻

damn we're cooked

Thanks again cobra!

man I also love this time when you upload content..perfect every evening 🤙🏼

Thanks for the forecast! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?

Thank you Cobra. amazing analysis

Beautiful analysis as always!!! 👍👍👍 appreciate you!!! 🫡

Great video!

I finally learned how to use your pitchforks. For me knowing the future is the easy part but the hard part is getting the price. I think I may have found my solution with your pitchforks and thank you for sharing. The S&P 500 still has some more room to go but Bitcoin is going to finish earlier. I'm short from 93k and holding.

Supply area on a dominance chart? 🙄 Dude, if you said that people are holding alts now so it won't hit 70 percent, that would make sense, but saying that there is a supply area and dominance will reverse from that point is pure bs. Besides, you are not expecting an alt season like before? So what will happen to the money accumulated in Bitcoin? Do you believe all the rich people will take it back to SNP500 or gold? They will absolutely abuse the shit out of the alt season before they bank out everything they have. You have a pessimistic view on the market and that's fine, but you need to have valid opinions on the stuff before you make assumptions like "there won't be an alt season like before" It happened multiple times before. It will happen again if there won't be a black swan incident. Yes we cannot know for sure what will happen in the future, but you can use data and make a decision.

Thanks for your analysis and honesty. Its very awesome that you offer up your views to help others to get a perspective on the markets, so they might be able to make good decisions even if means they will hate on you - much love dude👌

same as my targets from Elliot wave point of view between 98K-126K at the end it depends on the market structure yeaaah we re not moon boys :)

Thank you snake man 🐍

Hey cobra do you think it will ever reach 60k again?

I can see the future
bitcoin WILL move
😊

Keep it up ❤

Why be angry at you? At worst you’d be wrong. I doubt you have such internet clout that you saying the top was in would create a run on it in the market. It’s your opinion and Bitcoin isn’t listening

Time to worry when XRP starts moving.

My personal top target is $129K. These kids calling for $300k must be new to investing or too much Cathie Wood podcasts

Once the parabola breaks on a weekly basis exit Btc and scale out of top alts over next 30 days. You can't have a btc only market you need alts the internet isn't only amazon and google bc along came Netflix and AI

thank you Cobra 😁😁

Fk the haters, you said days ago that around 90k was going to be resistance, we've hit it twice now and pulled back as you said would happen, they obviously have very low comprehension skill levels 🙄

Did you ever listen to yourself and realize how annoying your voice is?

You earn my Subs.

hey cobra, dont know any other way to reach you, but ive been playing with the forks on the BTC index almost daily. we dont have that much data in time but i noticed confluences in 2 forks that you have not mentioned. If you pull a Schiff (non modifed) from 2 cycles prior, the 2nd line from the top touches the 2017 peak (rough) and the middle line touches the '21 top. now if you pull a fork starting at the 17 cycle (schiff, non modified), the 2nd to top line touches the 21' top and could lead us clues that maybe our new cycle high this time will touch the middle line. I hope that makes sense. if you have time, pull those two sets of forks. This would make sense if this cycle DOES go parobolic with the US reserve, etc. Thanks again for all your videos and time

Just watched Camels latest video where he talks about Hyperwaves. Everything he talks about sounds exactly like your prediction of the stock market.

If btc coolx down and alt season starts , how long would alt season typically last ? What’s most confusing is that the macro conditions have never been like this before for crypto . We are on edge of normalisation , this is new frontier now , so why would btc cool down now ? Also another question ; what do we need from btc exactly , to ensure a very long alt season ? And not a short one

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Bitcoin has a production cost like gold. Historically bitcoin has bottomed in every bear market close to its production cost in 2022 it was 17k. Right now the production cost is 49k. Also it's hard for me to see a world where central banks allow that amount of deflation. We are more likely to see hyperinflation than significant deflation with the fiat regime constructed the way it is. In 1929 they had to sever the peg to gold and debase. Today they don't have to do that at all they just start printing. I'm gonna say a sub 5k call for BTC is head in the sand bearish but as always I reserve the right to be wrong...... I have managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin. in the space of a few months... I'm especially grateful to Sandy Barclay’s, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.