The One To End Them All.
The next bear market will go down in the history books. I don’t think many can comprehend yet how devastating it will be.
Whilst I do not think many can comprehend the severity of the lingering dangers on the horizon, they have, however, suddenly started calling for it.
This is weird because just one week ago, we were trading at all-time highs. We were “back”, you were told to set your targets “higher” and much more. And now, one week later, following the most significant crypto liquidation event ever seen, it’s difficult to convince anyone that the market has any hopes of recovery and we are not in a bear market.
Isn’t it incredible how fickle humans are?
Isn’t it funny how we never hold those who promised eternal riches without factoring in the possibility of being held accountable?
Isn’t it funny how those who warned of this get ridiculed and attacked as opposed to being praised?
Can I ask you something?
What has changed since last week?
Did you watch my YouTube video specifically breaking down the NECESSITY for this event to happen?
Do you genuinely believe you can assess the shift between a bull market and a bear market in a singular weekly candle and an event such as this?
I once again ask you.. If you were bullish last week, why would you no longer be bullish this week, when the assets you were willing to buy at higher prices were now cheaper?
Furthermore, has a top ever been marked in crypto history with bad news?
Or does bad news typically solidify market bottoms?
In my opinion, whilst the worst is yet to come, the bear market is not coming yet, especially not when everyone is plagued by fear and expecting it, especially not without an alt season.
The liquidation event was a necessity. The market had to wipe out those who had a free ride. We have had no drastic pullback since January when Trump was sworn in, and yet again, so-called ‘good news’ marked another temporary top. It can be easy to focus on the present and forget the bigger picture in circumstances like this. BTC fell around -19% from its latest all-time highs, whilst reaching over 700% ROI since the FTX crash took place in 2022. Inevitably, this magnitude of growth will come with the consequence of the worst bear market we have ever seen later down the line.
You may be wondering, how could a liquidation event possibly be a positive here?
Well… let’s observe what took place during that liquidation event, just like every other major liquidation and capitulation event. All of which led the market to greater heights.
What got damaged the most?
Altcoins.
What did many do?
Break all-time lows after months to years of floating just above their 2021 cycle lows.
When did this last happen?
During the COVID crash.
What happened after that COVID crash?
You know the rest.
May I add, during the worst liquidation event ever seen, where most exchanges conveniently ‘malfunctioned’ and went down once again due to ‘server overload’ and the usual excuses… who was buying all of these assets to create the reversal that sprung them back up just in time for weekly closure, almost right back to where they crashed from.
It certainly wasn’t the retail traders.
These monumental moments often mark a shift taking place within the market.
For me, this confirms the following:
1. A large portion of BTC whales have now realised profits.
2. The sell-off brought altcoins back to historical lows, if not swept them entirely.
3. The BTC profits were rotated into these altcoins.
4. The mini ‘black swan’ was the ploy to pull off this heist successfully
5. The common characteristic of fear is now deployed; most have shifted entirely bearish.
This cycle is likely entirely different to what most are expecting. Most cycle windows have been shattered, most ideologies have been destroyed. It’s already proven it’s different. Look at what Bitcoin has done. Look at what ETFs have caused. Look at what altcoins are doing.
This time is different, but I guarantee you, it will end the same.
This liquidation event marks what I believe to be the final major shakeup for the market before alts begin to go parabolic, delivering the finale that almost every other cycle has seen. Ethereum, especially, has been crippled this cycle, failing to achieve the heights Bitcoin has dominated. It’s often during moments like this that we begin to see the transition take place. The money almost always trickles down the system. I have been saying this for months and said very clearly that when this liquidation event happens, it will be the catalyst to send this market so much higher, right at the moment it feels all hope is lost.
We have seen another aggressive drive down to start the week, but we haven’t swept the lows. Paired with a sudden swarm of geopolitical nonsense to aid in contributing to extreme fear and reinforcing the ideologies, things will worsen. Shorts are accumulating, liquidations are amassing above, yet all the price has done this week is come back to retest where we bounced from, something we saw alike during COVID.
These moments are often incredibly unforgiving if you allow fear to plague you. This is where the best opportunities arise if you’re brave enough to take the risk.
In crypto, sentiment changes in a single week. I believe these geopolitical tensions will once again ease, and the market will explode higher. Also, I think gold will begin its significant reversal soon, sending crypto to the heavens as everyone is too scared to buy watches in disbelief, forcefully having to enter the market higher as the altcoins blow to the sky alongside Bitcoin.
What follows soon may be the most explosive phase of the crypto cycle we have seen. Over the course of the next few weeks and months, we could be seeing movements that finally send us rocketing through the range. This liquidation event was likely the final driving force required to achieve this.
The most crucial factor here is to take profits and get out if we begin to surge.
I anticipate the TOTAL CRYPTO MARKET CAP to reach $5T - $6T with the aid of Bitcoin, Ethereum and surrounding altcoins.
As we start to approach this level, the sentiment will entirely shift back to extreme greed. The bullish narratives will return, the exit liquidity will return in the billions, and the bubble will expand to magnitudes beyond comprehension.
And then they will pull the plug. Lights out.
For the bubble to implode, for the great reset to happen, it must grow to unbelievable proportions until it explodes.
They want to make every penny they can from this market before the reset comes. They’re here now. You wanted the institutions and Wall St. You got them. Now play the game by their rules.
Make sure you stay a survivor. Because there won’t be many.