bitcoin holders.... i'm sorry

Ajouté : 2026-05-28

[00:00:05]You know, there's a time in every Moon Boy's life where he has to pack everything up and move back in to his parents' basement.

[00:00:18]And I guess that my time has come.

[00:00:27]Just kidding. But I actually am moving.

[00:00:31]Uh, you know, since I actually left my parents house 15 years ago, I haven't lived in the same place for more than two years. And yeah, it's about it's about it's well soon it'll be about two years that I've lived here. And turns out I'm just moving again. In fact, where I'm moving is slightly more expensive than here. So that'll be great. Uh, but it's pretty exciting. Uh, the price of Bitcoin right now is quite low. Well, let me correct myself. The sentiment around Bitcoin couldn't be any lower. I actually posted a video yesterday and I got a lot of comments saying that I seemed really depressed and sad and I watched it back and you're right, I actually did.

[00:01:11]And to be honest, the reason is because I didn't sleep the yesterday or the night yesterday night. And uh bad things happen when I don't sleep. In fact, I ended my last relationship early one morning basically because I was sleepd deprived and I was like angry. So, long story short, make sure to get your sleep. Uh, but enough enough about me.

[00:01:35]Let's actually jump in here. And I I'm sure you guys are expecting something.

[00:01:42]And I think that I'm going to title a video in a way that really frames what's happening here because the price of Bitcoin, as we all know, is down in the last 3 weeks, it's down about 9% 8%.

[00:01:59]But that's not the issue. The issue is that the sentiment is disgusting. We're going to be jumping into that. Um, I'm not going to spend too much time reading uh these tweets. I'm going to try and blast through them and then we're going to jump into the good stuff. We're going to jump into the charts. But guys, really this is just this is just I mean yeah, let's just let's just get into it because these are this is by far the worst sentiment I've ever seen. For example, look at this.

[00:02:25]Kind of crazy to have spent 10 years in crypto to watch it end like this end, right? People think it's completely over. Although his top his response to this or his his followup is just saying, you know, he's capitulating, but maybe this actually marks the bottom.

[00:02:41]What is this? You had a crypto bull market that topped on apathy rather than euphoria followed by what is more or less a standard bare market but juxtaposed with unprecedented seemingly infinite up only on stocks because pretty much another area of pain is not that Bitcoin is just performing extremely badly although it is but it's also pretty much if you would have just invested in any any index or a lot of these stocks tech stocks AI stocks you'd be up way more so it's the fact that Bitcoin hasn't done well combined with the fact that everything else is doing well. That is making people lose their marbles.

[00:03:16]$100,000 in alts bought in 2021 is worth under $3,000 today. Five years of holding for nothing. And this this absolutely encapsulates, I think, about 90% of why sentiment is so bad. The other 10% is what I just said.

[00:03:32]Basically, if you would have bought stocks, you'd be up more than Bitcoin.

[00:03:35]But this is like 90% of why people are just done being didd, right? They don't want to be didd anymore. And I want to take a look at the charts. But guys, sorry, we have to get through I I want to frame the sentiment here because as I've been saying for a while, sentiment is bad.

[00:03:52]But quite literally, I scrolled my X feed the first five minutes this morning. It was people, everybody is giving up. Everybody has given up. AI god. This feels worse than any of the prior bare markets to be honest. He said, "Look at this. S&P, NASDAQ, Russell, silver, gold, all correlated with each other. And Bitcoin was too up until October 10th. And now look at crypto dead." And then this guy responds to this. It is worse. This is max pain.

[00:04:21]And I agree with this. I think this is max pain, right? A year ago, sentiment was shot. It's even worse now. Uh Rex also says, "Maybe it's maybe it's just uh a horrible asset." that Michael Sailor is coked out of his mind. Uh, you know, maybe that's why Bitcoin is is destroyed. I mean, look at this.

[00:04:42]Historically, this is his this this has been like basically an insane area to buy historically, but here we are now and people are so scared that it's over.

[00:04:51]Again, maybe a good chance that the opposite's going to happen again. Rex saying maybe all of these various metrics mean nothing. Has anyone considered this? because what they're saying uh Joe Bernett is saying Bitcoin should be $160,000 and he's saying we should expect a major rotation into Bitcoin. The issue with Bitcoin here is that there's extremely low upside. The Salvar says um even if it crashed to 40K and then pumped to 160K that's about 300% profit, but there are plenty of other opportunities in Trady. So what is what's even the reason to buy Bitcoin? He's saying, right? Um, and to be honest, again, this is one of the reasons I think that the four-year cycle, if it is, if the four-year cycle is exactly what a lot most people watching this think it is, and that we are just going to repeat the four-year cycle and diminishing returns are going to last forever, then truly, if that's what you believe, what is the point of buying Bitcoin, right? I don't believe that. I think the four-ear cycle is going to break. But if you believe the four-year cycle is not going to break and it'll just be like that forever and we'll just see diminishing turns returns forever. What is the point of buying Bitcoin? There isn't one. You're not going to make any returns, right? If the returns are going to get less and less every four years, every cycle, why are you here?

[00:06:10]You know, think about it. If you extrapolate even about a decade from now, basically you're saying there's really not much money to be made investing in Bitcoin. Uh look at this.

[00:06:18]Clouded said stocks are going mental.

[00:06:20]Everything is gooning or mooning. Uh going 20 30 60 100% a thousandx over the last month or 1000% over the last month.

[00:06:28]I cannot believe the absolute rug of holding crypto right now. Again, I like didn't even have to like cherrypick these tweets. This is just I literally like most of these tweets that I am showing you right now in the video. I just, you know, opened one then I scrolled. Oh, it's this one. This So, this is like basically these were my tweets in a row. Meaning like this is what everybody or this is what my entire feed is. It's not like I had to look for these uh depressed tweets, right? Uh in just four months from now, every person on earth will start uh will expect Bitcoin will be expecting Bitcoin to pump. The Bulls, the Bears, your friendly neighborhood for your cycler, Ben Cowan, Colin Tux, Cryptoino, you name it. Basically, do we really think Bitcoin has to wait into this highly consensual that sounds sexual a little bit? Is that the right word for this context? Maybe.

[00:07:16]uh to start pumping. I believe it will almost certainly front run at Pub Heart soon. I also believe that. I think it's going to get front run. But look at this. A lot of people reference the Bitfinex whales whether they're longing or shorting. If you actually invert the chart and overlay it top of Bitcoin, you get a hilarious correlation. Basically, if this would continue, then Bitcoin would be going up because this is an inverted chart. And uh many still fail to realize that Bitcoin is just getting out of phase two. Rig says phase three is beginning and it will not wait for you. Even 90% of Bitcoiners are not expecting what's coming. Yes, absolutely true. People do not think this will happen. I think this is a bullish case, a secret bullish case here. Uh basically this chart, massive returns early on, then we see them flatline and then the the opportunity for yet another final massive return.

[00:08:03]And this would basically mean the dollar has to collapse pretty much, which it's already doing. We have trillions and trillions of dollar, tens of trillions of dollars in debt. So that's framing that's framing uh the sentiment. Sentiment is disgusting. It's so bad. Right now the price of Bitcoin of itself right now is just still in between the 25 and 20 week moving average right here. Nothing bearish at this point. However, we break below this. This could get dumpy pretty fast.

[00:08:34]But right now, this is this is fine.

[00:08:36]This is exactly what I've been calling for for the last like two weeks. a pullback holding this level. We have to hold it obviously. If we don't, things get very dumpy very fast. And that's the weekly chart. If we look at a daily, you know, momentum has swung pretty massively. This is the very first time we've been oversold on the daily MACD basically since we got above it in beginning of April. So about two months ago. Um pretty bearish on the short term, right?

[00:09:02]As I've been saying. Uh but again, I personally think this is a pretty big level that Bitcoin will hold, right? I got a lot of comments yesterday, people saying I was bearish.

[00:09:13]I'm actually not bearish. Uh unless we break below these moving average averages. I'm bearish in the short term though as well. But I'm not macro bearish. I think people thought I was really bearish yesterday because I was very low energy and I sounded depressed, which to be honest, it was just because I didn't sleep. Uh and I didn't sleep because it had nothing to do with crypto. I just like woke up at like 3:00 a.m. and I I have trouble sleeping. I always have and I just couldn't go back to sleep and so I was pissed off and that made my day worse. Always, this is the best tip actually, if you're watching this, make sure you get good sleep. Sleep is so important. And sometimes I don't get good sleep. And to be honest, if I don't get good sleep, I should probably not make a video because I'm just really, really depressed. But uh anyway, looking at this, yeah, this is just that critical moment.

[00:09:53]You look back all the way to the highs of 2021, guys. This is the this is the big the big chalupa right here. Lots of support. Again, I'll pull out for the millionth time the VRVP.

[00:10:04]Look at all the support below here.

[00:10:06]Really, it really starts to build up at 70K.

[00:10:11]Not much volume to the upside, meaning this won't be much resistance in my opinion if we get there. But when we get there, but yeah, this is just the sentiment is garbage. It's absolutely It's absolutely awful. But that's how it has to be. And pretty much, you know, how people say like, oh, like the more people that are upset, you know, well, there's a lot of things people say. You can say like, buy when everyone is uh buy when there's blood in the streets, when it's red, that's opportunity, right? You get bullish when things look awful. Things look awful in my opinion.

[00:10:41]And actually, even what the four-year cyclisters are saying basically is there's like one more capitulation event and then the bottoms in and then you buy and then we go up. Not right away, but over time. So even the four-year cycles basic four-year cyclers are basically, you know, it's really not far off. It's not like they're predict predicting anything much different. I think more so the time frame is the biggest difference with the four-year cycles, but not necessarily the price to get in. As I said in uh like two videos ago, Bitcoin is much closer now to the low we put in at 60K than the all-time highs we put in 125K. Right? This thing is not overbought. I still think this represents a good opportunity um in terms of altcoins because that's such a topic that a lot of people care about.

[00:11:24]Although to be honest, I think my audience over the past year or two has switched from being less invested in altcoins to just pretty much going all in on Bitcoin. I'm assuming actually I don't even know. I I can't I mean I guess I could take a poll, but like it's hard for me to know exactly what my audience has, but a lot of people still have altcoins. think uh even though again as we talked about five years of them just getting completely dumped.

[00:11:48]It's kind of insane, right?

[00:11:51]Five years, $100,000 would be worth under 3,000.

[00:11:57]Five years of nothing but losing money.

[00:11:59]Um will that change? I don't know.

[00:12:02]Uh because I think this space has been overrun with meme coins and and garbage coins. You know, thousands, tens of thousands of coins. There's no need for that. This market needs to value the only thing that has value in my opinion is Bitcoin and maybe a small amount of handful of altcoins. But we got to get off this thing, guys, where we think, you know, tens of thousands of altcoins can pump or even thousands or even hundreds. There's no reason for hundreds of altcoins to have any value, right? I would say like maybe 10 max is what could have value, right? Like there's there's no need for these things. I read a comment earlier that I think is also very true. Like we saw AI the AI bubble people think that AI is in a big bubble but one difference between AI bubble and cryptobubble is that AI came out really started making progress and stocks started pumping and everything but the thing is people are actually using AI people use chat chipp people use these different uh chat bots or uh agents AI agents to do things. Crypto really never had an actual useful product that was used. Obviously, I think the Bitcoin is going to be um a store of value and and uh and um a hedge over time and will replace the US dollar if Bitcoin succeeds at what it was supposed to basically do. But aside from that, are these altcoins really providing any value? No. I mean, I remember NFTts were always the funniest to me because I remember people think like, oh yeah, like NFTs like have all this use case.

[00:13:29]It's like what? What's the use case?

[00:13:31]Like I kind of get the collectible thing with cards and stuff, but guys, we saw how that played out, right? I still own a couple NFTs, but they're worth like nothing. So, um, anyway, my point is I'm getting I'm I'm more into trading than ever. And I think that over the next few years, I will not just be holding alts blindly.

[00:13:50]I still will have some small investments is kind of my plan here with that to try to make some gains in alts to flip into Bitcoin because alts are basically the biggest on-ramp to Bitcoin. Meaning, people join crypto, then they speculate on altcoins, and then over time they're like, "Hey, these altcoins are pretty risky. Maybe I'll use these altcoin gains to buy more Bitcoin, right? But Bitcoin really has to prove itself here.

[00:14:10]It really has to not get destroyed. So, uh, if you are interested in trading, you can get signed up below longing or shorting. Again, if you think the market is going to keep dumping from here, if you think that's going to happen, then why not short it? You can do that on these platforms. Um, but with that being said, I mean, I don't know. You look at this macro-wise, we're just getting straight dumped on for since October 10th.

[00:14:36]Really, it's kind of crazy that day. H I would love to know what actually happened on October 10th, right? That's besides all of these tweets that I showed in this video of people being like, "Oh, it's dead. Crypto's dead."

[00:14:47]The other thing that I saw a lot of tweets about was like, "Will we ever know what happened on 1010? What happened on 1010? Why did uh the market start decoupling on 1010?" Basically, not this tweet, but this one, right?

[00:14:57]1010. Boom.

[00:14:59]crypto just pretty much in lock step step with everything following the M2 following all these things. The only thing that unfortunately got decoupled for crypto holders is crypto. What happened? Super interested to know. Um big