The Relative Strength Index (RSI) hitting the lower band on the weekly chart marks the bottom on Bitcoin and signals the start of a bull market; this indicator has historically never failed and is currently showing signs of a market bottom as Bitcoin slowly rises and the RSI increases, suggesting investors should accumulate crypto assets during this phase rather than waiting for lower prices that typically don't materialize.
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Prepare For A Massive Crypto Bull Run (Few Months Left)Added:
So, first off, congratulations if you are watching this video because you are part of the few people that are here today in crypto that have not left, that are still interested, and that are probably going to make a lot of money with crypto in the future, especially that a lot of people that usually come when we have tops have left, and the people that usually stay in in the bottoms generally are the ones that make most of the money when it comes to crypto. So, congratulations, you clicked on this video, so don't forget to leave a like as well and subscribe if you haven't. But, very much this one of the most important things to do when it comes to crypto is to staying around in this market even though it feels bad.
But, the good news here today, guys, is that we are almost over with the bear market. And this is because we are probably somewhere here right now. And one of the major reasons for that is the RSI. Whenever the RSI hits the lower band on the weekly, this marks the bottom on Bitcoin, and this marks the bull market.
Always happens. So, today Bitcoin is slowly going up and the RSI is slowly going up. Uh we could see some some drawdowns still on Bitcoin, but this is confirming the bottom right now. And what should we do here? So, you all know that to make money with crypto, you need to buy crypto. You cannot just be looking at cryptos all the time and not buy them. So, there is always a time to buy.
And if you're holding from the from the tops, you're holding coins. If you watch my previous video, I shared all the coins I'm I'm buying.
Then, all you got to do is wait because I do believe this is it, and I'm going to prove it here uh why I think this is it and we're slowly going to start to move higher. So, the stock market continues to make all-time highs. Uh we're seeing the stock market rallying.
We're seeing that SpaceX IPO coming soon, launching at $1 trillion market cap. We're seeing the first stable coin from a US national bank just launched on Ethereum. A lot of liquidity is coming to Ethereum. Uh we're seeing BlackRock or JP Morgan launching signal tokenized money market funds on Ethereum. We're seeing a lot of liquidity coming on Ethereum. Liquidity that is not retail.
Liquidity is going to come from the top, not from the bottom, not from retail, but it's going to flow into the space and create that wealth wealth effect that's going to flow into most of the old coins and the strong old coins and especially old coins that are on Ethereum as well, which we're going to talk about. Uh but pretty much we're seeing slowly things building up for a massive bull run. And I do believe this is going to be the bull run for those that missed uh the 2024-2025 rally or even the 2021 rally. And I do believe this one is going to be bigger than 2021 in terms of old coin season cuz if we look at the Bitcoin dominance, we have not had really a real old season in the previous bull market. And the Bitcoin dominance did not drop at all like we expected it to do and stayed elevated here. So, I do believe in the next run by Bitcoin, the next bull market, which I I do believe we're entering and I'm going to talk more about that.
Bitcoin dominance is going to crash and it's going to create the biggest old season ever. So, I do believe this is it. This is the Now we are in this phase of preparing for that exact scenario to happen. And by just looking at the RSI as I said on the weekly, whenever we touch the lower band on the RSI, this generally marks the bottom on Bitcoin.
Uh this never failed and I don't think this time is different. I don't think this will fail again. So, if we look at it, whenever we hit that lower band, we just go for a for a bull run. So, the question here today is uh where we stand, how many months we have left, or how many weeks we have left before the real bottom on Bitcoin, and before we just start this up only uh season on crypto. So, uh last time or last cycle, we had uh once we pulled in the low on the RSI, we had a rally like like the one we see right now. Uh we had a rally and then slowed grind sideways, then a little crash, and then we started the bull market. So, uh this took a few months and then we started the bull market. Uh for reference, this is where Pepe went to 1.5 billion or 1.8 billion dollars market cap. We had a lot of meme coins rally here, like 40 X's, 100 X's, many, many micro caps started to rally here.
And you know the story uh probably what happened here. Most of the coins started to rally, meme coin seasons, and all that.
>> [snorts] >> Uh which is I do believe is coming as well.
Uh but the point is if we take a box and we look at where we stand here. So, this is pretty much what we are doing right now is we have this box.
And uh generally whenever the RSI hits that that level, we stay sideways for a while and then we start the bull run. We had the same thing happen here again. Uh we had this sideways action here. And again here we had also some sideways.
So, why is this important? It's because this is where we accumulate. This is not where we wait and wait for lower prices because people always call for lower prices. Uh for example, in 2022, people were calling for Bitcoin to drop to 10K or below, which never happened.
Also today, we have people calling for Bitcoin to go below 40K or 30K, which I don't think is going to happen since the RSI already told us we have a bottom. What we could see more is Bitcoin ranging, maybe going down to 60K, worst case scenario 55K, but this would all mean is just accumulating. Uh is this all just would mean that we are accumulating here coins that we want to buy uh for the bull market because after that is done, once Bitcoin actually breaks up here and reaches $100,000 again, that's when we start the bull market, the next one. And if we do see eight lower here, obviously, that's much better than buying the breakout and buying coins when they start to rally.
Like today, we have hyper liquid making a new all-time high. Now obviously uh uh nobody want to buy a coin when it's pumping already and everyone wants to buy a coin when it's at the bottom and it's pumping. So generally bear markets are very good at this because you can buy actually the bottoms on most of the coins and this pretty much how this plays out. I do believe we have a few months left maybe by summer we see the bottom on on Bitcoin a double bottom or something like that >> [snorts] >> and then by the end of the year we start to trend higher and the party really starts. So we have a few months, you have a few months to to accumulate before the real the real rally start. If you want to know which coins I'm looking at you can watch this video here. Thank you so much for watching today's video till the end and I'll see you on the next one. Cheers.
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