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today for the bitcoin and crypto prices and yes guys you read the title right i am selling my bitcoin for these specific altcoins let's talk about it i want to go straight into the charts talk about my multi-million us dollar trade on bitcoin ethereum where we are at what the price targets are but most importantly what altcoins am i personally looking at right now in the immediate short term let's talk about it and dear ladies and gentlemen smash up the like button as you have never smashed up the freaking like button before make noise for the algorithm if you're part of the mm crypto family if you want more of these videos i need your feedback here i need noise on the youtube algorithm and then i will continue and make more and more videos for you let's go straight to it and dear ladies and gentlemen i don't know if you remember but i was posting seven months ago in may about ordinals that high risk i'm investing where the market cap was still at 103 million us dollars for the brc20 tokens now the market cap is at three billion us dollars if you had invested back then on average you both have made a return of 30x now the question is is it already over are there other altcoins we are looking at first of all let's start with bitcoin and then let's go over into it i want to urge you i want to incentivize you to watch this video until the very end where i am going to unveil everything you want to know after clicking that video here now we are talking about bitcoin and here we are on the weekly candles actually on the bitcoin dominance and what you can see here basically just quickly is i don't think the rise of the bitcoin market cap is over the rise of the bitcoin dominance is not over yet that doesn't mean that altcoins are not going to explode i mean i am in altcoins i am continuously actually right now even going to scale up more altcoins as well but the real altcoin season has not started yet the bitcoin season is not over yet actually we have a target of 60 to 62 percent for the bitcoin dominance that means that there is still more upside for bitcoin yes there is still more upside for altcoins as well and altcoins are most likely of course we are going to see a big retracement a big correction i think within the next few weeks it's almost a certainty it has to happen nevertheless there's a lot more upside for bitcoin there is a lot more upside for altcoins as well however the real full-blown altcoin season has not started yet i think it is going to start sometime after we reach 60 to 62 percent that will be the moment i go crazy on altcoins but for now that doesn't mean that i'm not going in altcoins at all it just means i want to be a little bit more cautious with my approach with altcoins first of all of course bitcoin is still beautiful right bitcoin is still bullish and even though we are probably expecting some kind of retracement anytime soon we still bullish on bitcoin higher highs higher lows my bitcoin long trade is 3.
2 million us dollars in a profit my ethereum long trade is 330 340 000 us dollars in a profit we are talking about approximately 3.
5 million us dollars in profits on both of these trades now the question is how high can bitcoin go before we are going to see the retracement and of course for all you altcoin holders when when am i finally going to talk about the altcoins hold on for a second so first of all we can see here bitcoin is still consolidating here for a few days now in a row while altcoins are going higher of course that is a beautiful thing i want to tell you for sure like let me quickly show you bitcoin is calling up right now in this ascending triangle and most likely within that year until sylvestre until the 31st of december right here we are going to see a decision if we are breaking this one towards the upside the price target dear ladies and gentlemen and here i want to urge you to be very careful because as i said the retracement is due we are going to retrace anytime soon this price target tells us like 49 close to 50 000 i personally had my best case scenario for bitcoin floating somewhere around the fibonacci golden pocket 48 000 i want to stick with that i don't think we are going to see anything higher than 48 000 within that year that is something i've been predicting for weeks since bitcoin was below 30 000 48 000 is my best case scenario if we are breaking lower i could well imagine bitcoin to go for another retest of the 38 000 to 40 000 us dollar price areas that is it so far for that and i want to know from you have you been following me over on twitter when i was talking about ordinals back then well if you have you made some significant gains i am still holding my ordinals actually right now round about three million us dollars on my ordinal or the position alone of course i have other ordinals as well when it comes to altcoins i am scaling throughout every single bull market always step by step more and more into altcoins but i still have the majority of my position in bitcoin this will only change when the bitcoin season ends and the altcoin season will start when this is happening i will update you on that channel so you need to be subscribed press the subscribe button press the bell and press on all until then i am scaling up my current positions i'm not going to scale up more on ordinals because on ordi because i'm holding already more than three million us dollars on that aptos sui some of these projects i am still looking into i made i'm still scaling up i'm holding them already specifically up because i'm holding a quite significant portion i'm looking for multiverse x l rond of course other projects like cardano and so on if you're looking at it all of these outcomes are going to pump and everyone will feel like a genius right most of these bigger altcoins are approximately five x away from the all-time high which is xrp five x away from the all-time high cardano five x away from the all-time high the the markets just moving in synchronicity sometimes these altcoins are pumping then they retrace and the other ones are pumping so it doesn't really matter where you're shooting it as long as it's one of these legitimate altcoins polkadot solana cardano xrp all of these projects are going to make some at least decent gains when you want to make crazy gains of course that is when you have to go a higher risk that is what i did with ordinals of course i went quite high risk and that is of course what i am going to continuously do with brc20 tokens which you can see of course we have many of them sets or the multibit it's like let's just be honest guys it's shitcoins nothing goes over bitcoin bitcoin is the real deal but if you want to go and of course potentially make significant gains you will have to trade your precious bitcoin for shitcoins risking to lose everything i have to tell you how it is and only then you can potentially either lose everything or make 10 20 30x as we've been making it in the last seven months for bitcoin so i want to make a new video soon with my top five holdings on altcoins where i specifically tell you exactly what altcoins i am holding if you want that like this video to a new all-time high end i will upload a specific video just for altcoins for you thank you so much for watching merry christmas to everyone i truly wish and appreciate truly appreciate every single one of you and i wish you merry christmas a beautiful celebration with your family and of course a happy new year very soon we are going to see you very soon at the next one of mncrypto as always guys as always bye bye.