Ripple XRP Is Targeting $36 Per Coin Bitcoin Is Looking Like $1 Million Is The Goal This Bull Cycle

Hello everybody. Welcome back for another video. Hope you're all doing well. Hope you're all doing great. Hope you're all doing absolutely fantastic and that you're all having a great day. If it sounds like I'm sleepy or tired, you guessed correctly, buddy boy. So go on this journey with me as we both wake up together cuz that's that's just what's going to happen. Very big thank you to Livio C, Lyall, Austin, FT Clown, Gypsy Queen, Alexander the Greek, Gilboa Snake, Trent Jackson, and Finley Bass. Very big thank you to my Patreon supporters. Don't forget to leave a like. Don't forget to leave a comment for those of you looking for information and books and reading on crypto in real estate and money. There are links in the description below this video without any ado that is further. Let us jump right into it. Everyone is quite excited. Everyone um is looking forward to the future. Everyone is uh currently uh releasing price predictions for the cryptocurrency market that are making people's heads spin. Uh we are no strangers to this kind of news and I think it is beginning to start to catch the attention of people outside of the cryptocurrency sphere. There are a lot of people and I assume this this one I assume this will eventually happen and I think the idea of it happening is beginning to drive people mad because it would then indicate that time was wasted or people you know should have potentially done something before. I have seen a few a few articles lately talking about Bitcoin taking over gold. And I mean like more than a few. The theory was is is was back in 2018 that if Bitcoin's price, I believe back then, went over $800,000 per coin, the Bitcoin's market cap would become larger uh than the entire market cap of gold. uh since new Bitcoin have been minted since that time frame and now Bitcoin essentially does not have to go up as much as before. There are people now discussing when Bitcoin will take over the gold market. There are and have been quite a few predictions for Ethereum and XRP over the course of this cycle. One of the things that always sticks out to me is just how many things are referencing this cycle. If you've been here before, if this isn't your first cycle, you might remember normally we hear like in the future. So, you know, timewise, we would hear things that would be going on in the like 2036 or maybe 2040, like there was always a big jump in time in crypto. So, even back in 2017, 2018, you and I would often hear like, yeah, like you know, the mid2020s are going to be boy howdy, by the time we get, you know, like it was it was always referencing the future. This cycle is different just because of who's in the space now. It's no longer just us. We're not floating around by ourselves. Uh there are monstrously large entities who are also buying up tons of crypto. To that end, people are now basically discussing when certain altcoins are probably going to take over the valuations of mega companies. There used to be like a list which changed. There used to be a list of how much Bitcoin had grown in price relative to Amazon and Google and all these other things. And then at some point that became like GDPs of countries. But you know these charts aren't as popular anymore. But we used to constantly see Bitcoin rising in price would literally mean like growth larger than other countries. Uh so in incredibly popular news today, people are of course, you know, the the the the gravitational pull is is too strong. People are discussing where XRP's price looks like it's going. And I will use the term near future just because many other predictions that you and I have seen have typically revolved around the year 2029 to the year 2030. This is a prediction for the year 2027. There is a crypto analyst by the name of dark defender and they have published a detailed XRP price projection on the weekly chart. When I show you their chart, it'll make a little bit more sense. It's a lot of like bouncing. It's very realistic in that manner that prices don't simply go up forever. There will be fluctuations. However, tying into this idea of Bitcoin and Ethereum being integrated into the world's financial system, if you somehow missed that, over the last two years, you and I have become privy to the fact that Ethereum and XRP are being woven into the world's financial system. Bada bing, bada boom. Dark Defender says on their charts, XRP is currently currently targeting $36.76 per coin. And getting there requires XRP to complete a multi-wave Elliot wave sequence. According to Dark Defender's analysis, that sequence is already in progress. As you and I have heard, now this is what did I say before this cycle is going to be quite fascinating just because of the this is not some unorthodox or weird prediction comparative to everything that we have heard. We are talking about Bitcoin going from 50 60 70 80 90,000 per coin to a million in three and a half years. We're talking about Ethereum going from 1,600 2,2500 to $44,000 in three and a half years. A lot of the predictions as I go over are usually quite grandiose but this is because if you remember and have paid attention the amount of accumulation we have seen is not normal. [snorts] We have significant upticks in accumulation every single day between people buying the crypto. The levels of buying we would not see until the year of the having. The amount of crypto being taken off of exchanges we have heard more than a few times 200 million XRP was taken off of exchanges. 1 billion XRP was taken off of exchanges. The amount of Ethereum on exchanges. It's no longer one out of every 10 coins. It's not 5%. The last number we had was 3.49. There's an enormous amount of cryptocurrencies being taken off of exchanges. We will at some point see a gargantuan supply shock and everyone's referencing all of these things, all of these movements, all of this buying before the having. Whenever whenever whenever prices go up in the cryptocurrency market, it does create a bit of a frenzy. So, if you and I are going to see potentially Bitcoin go over 130, $150,000 by December, we're looking at a wave of people who are going to rush into the market because they feel like they missed their chance when prices were lower. If Bitcoin goes from 150,000 to 250,000 sometime next year, question mark, it's going to cause another wave of people to rush in. This a4 million asset. So, we're looking at this kind of thing where there's less crypto to go around. The rich people are hoarding as much crypto as possible. They're taking as much as they can of the cryptocurrency exchanges. The amount of inflows to ETFs continues to rise every single day. And there isn't a lot left. If you were not here recently as well, do you know? Okay, so the total supply of circ like circulating supply for XRP is around like 99 billion. That's billion with a B. Keep that number firm in your mind. 99 billion. Do you know how little XRP you need to be in the top 10% of holders globally? There are 99 billion XRP. In order to be in the top 10%, you need less than 3,000. Yeah. Yeah. Yeah. Yeah. Not 3 billion, not 3 million, not 300,000. 3,000. You need 2,900. Do you know why? Because whales and companies and institutions and governments have been accumulating so much crypto that the number is now less and less and less and less that you need to have to be in the top rankings. And also there's now less and less for billions of people on the planet. This is something you have to like really like engage with and understand the actual numbers. When I tell you these things, it's because it's beyond significant. When you hear that Visa and Mastercard and Black Rockck are, I mean, nose deep in crypto, it's significant. When you hear that there's barely any crypto left, when you hear that you need I I can't imagine what the number is for Ethereum. If you have less if you have less than a quarter of a Bitcoin, you're in the top 1%. less than a quarter of a Bitcoin, billions of people can never catch up to you. If you have 2,900 XRP, you're in the top 10%. Forever. Understand where all of this is going. The move pushed XRP up in late August. The asset has now apparently completed blue wave 1 and is currently inside of wave two. Dark Defender has noted that the historical pattern shows a sideways phase here and phase 2 is playing out consistent with that behavior. Here's the tweet for it right here. And there's the chart which you can kind of see. I tried to of course make it larger right here. And now once again you like it's cut off at the bottom just because of life right here. this this like this line right here actually right at right at the end of the K on the chart. This is the beginning of 2027. And this references around April or May of 2027 as well, right around here. Even for the other ones right here, like the blue line that's signified over here, this is showing an eight. This line right here is an $8 XRP. You and I have heard countless times that the crypto market is going to move up and go a lot higher. I do personally believe that it is. I think it's just a matter of when kind of. But it does, how do I say this? It is quite significant that we keep hearing over and over, it doesn't matter which analyst. It legitimately does not matter which analyst. They all keep referencing much higher prices. There hasn't been one who's like, uh, may maybe 20 maybe 2033. Nope. They're all saying the same thing. So, this will be a very fascinating um year for all of us. like literally counting from now until next year. This will be incredibly fascinating. That's the big news. Big big big big big big news currently floating around right now. Everyone's talking about uh prices and where they're going to go and what we're going to see. And I think it's going to get intense. Yeah, that's that news. Moving along. Also in the news, here we go. Here we go again. For those of you not looking at the screen, an analyst from Van Eck, his name is Matthew Siggle, says [snorts] Bitcoin could reach half a million dollars if it matches half of gold's market cap. Van X Matthew Seagull said, "Yeah, right. Reiterating. Awesome. Fantastic." Um, this is kind of like old school and I guess they're trying to make it current again in some form or fashion. There years ago was a there was a bit of an obsession by a lot of Bitcoin maximalists that at some point Bitcoin's market cap was going to match gold. I think well I know but the idea behind it is Bitcoin is according to Bitcoin maximalists supposed to kind of take over the world and in doing so you would need to basically breeze past other assets to kind of show the strength of the thing of Bitcoin in in this sort of way. But like I said, this was this was a conversation years ago. But as of late, like once a week, I keep seeing it in the news. There's some kind of an analyst talking about that during this cycle, we're going to see it happen. That as the time goes on, the one of the other theories, if you don't remember, is that uh people would begin to sell off other assets to buy uh Bitcoin. The I So, it kind of goes Bitcoin's at 20,000. People kind of ignore it. Yeah. Oh, wow. 20,000. Amazing. And then Bitcoin goes to 80,000 and people go, "Ah, crap." So, they start selling off a couple million dollars worth of assets to put into Bitcoin. No one really, you know, cool, awesome. Let's see where it goes. Bitcoin's price goes to a million and then people go, "Ah, we should have had a higher allocation." If you didn't see recently, who was it? It wasn't Deoid, it was some other company. uh they suggested a 1 to 2% allocation into Bitcoin which is a quite common number. You would normally for very wealthy clients you'll hear a 1% allocation is quite normal into an asset. And they were saying that corporate treasuries in the future will be like ah crap we only had 1%. Let's start putting more into it. And then the idea would be that people who were holding gold would go, "Well, gold moved up, but Bitcoin did like a 15x." So they'll start selling individual pieces of gold and throwing that into Bitcoin. But it causes a cascade because there's barely any Bitcoin left, etc., etc., etc., etc. So, I think eventually we will get there. uh it has been all but promised that it's going to happen sometime over the course of this cycle. I think that there would be if and I need to be completely honest. If over the course of the next three and a half years, if over the next three and a half years, Bitcoin goes to half a million to a million dollars, uh, causes the US dollar to no longer be relevant and for gold to also lose some of its shine, if you will. There's going to be a cataclysmic shift in in wealth and money and perception of a lot of different things. We've had the US dollar as a symbol of I'll say wealth and prosperity since 1945 when it was pushed onto the rest of the world. And gold has kind of been a symbol of luxury, money, wealth, uh, for thousands of years. If that all happens and like, can you mentally imagine what would happen if people no longer viewed gold as like an amazing store of value and instead shifted their money into Bitcoin instead? Can you imagine by the year 2031 if the US dollar isn't being used as much anymore? Stable coins have taken over and people are pushing their money into crypto as opposed to fiat. This is kind of the future that's been promised to us. And as I keep saying, uh the people who run the world are telling us openly that they're getting into crypto. So, I mean, you can either listen or you can choose to not pay attention. That's the Van E analyst talking about a half a million Bitcoin cuz that's back in the news again. And yeah, let's move on. Heaven help us. Also in the news again is Micro Strategy. Uh, Michael Sailor hinted that they were possibly going to buy more Bitcoin. He writes something on Twitter. It's It's like, what does he write like orange orange orange something? Orange orange arms. No, orange. I don't know. It's something to do with orange. He he wrote that recently. And lo and behold, we're finding out now that they did indeed buy some Bitcoin. The way the micro strategy works is that they purchase Bitcoin over the course of a week. They don't tell anyone and like that they're buying and then when the buying is over then they go surprise and then they then we all learn Micro Strategies Bitcoin Treasury has reached 848,000 Bitcoin after they recently purchased another 334 Bitcoin. one company, 848,000 Bitcoin. Micro Strategy added another 334 BTC for 28 million, bringing its Bitcoin holdings to exactly $848,000 BTC as of the 4th of October. Oh, I forgot. It's like almost I mean, not not almost, but kind of. I I I I love Halloween. That's one of my favorite seasons. And for some reason, like it didn't click in my head that Halloween is not that far away until I saw the word October and I was like, what does that mean? The company paid an average of $85,000 per coin while its entire purchase position for Bitcoin is Gez Louise. They currently have 63.97 billion. Amazing. Michael Sailor also recently disclosed a roughly $21 billion thirdarter gain on digital assets. Micro [snorts] Strategy, I believe, is doing better uh than they were before. The company seems to have picked up them selling uh Bitcoin before in what was it spring, summer, I don't remember. apparently has uh renewed confidence in investors of their company, showing that they are willing to sell some Bitcoin in case need be. Uh but they've also been beefing up the amount of cash that they have on hand to be able to pay for their dividends. And I would assume uh now they have some extra cash flowing around as well to be able to continue to buy Bitcoin. They used to buy Bitcoin every single uh week, but now that's kind of like twice a month or something like that. First of all, they don't need anymore. Let's let's be completely honest with ourselves. These this this this one company does not need any more Bitcoin. I think they're doing just fine as is. Now, it's time for all of you and your friends and your family to accumulate this asset that's potentially going up to millions of dollars over the course of the next decade and some change. But, uh, whenever this company buys Bitcoin, it makes it into popular news. It is impossible to escape it. It's everywhere. It's on every single website. Everyone's talking about it. It's the talk of the town. People think it's absolutely spectacular that this one company is absorbing so much crypto. So, keeping in mind this is now another 847,999 millionaires and billionaires who will never be able to own an entire coin ever. those coins are locked up and gone. Once we have, and they might even be doing it, just not telling us, once we have a proper like uh staking mechanism, everyday staking for Bitcoin, this company's never going to relinquish any Bitcoin ever again, like ever again. That's the micro strategy news. And yeah, let's move on. Also in unpopular news, but it's still news for those of you not looking at the screen, it says French executives propose taxing crypto to stable coin conversions. Three executives of crypto linked companies have proposed taxing exchanges between cryptocurrencies and stable coins directly, stressing that this treatment would accelerate the use of crypto as a means of payment and reduce the complexity of calculation calculating these taxes for users. There's currently a thing and we we went over this slightly a couple of days ago. A lot of countries, not just France in general, are trying to create proper crypto regulations that won't push people outside or to other places that have more favorable laws. There's a lot of fear, a lot of fear floating around right now regarding stable coins. A lot of people governments don't care for stable coins just because they make a very easy way for people to not have to use the local currency. And as we've been going over this year and especially, I mean, this is like perpetual. So, it will be next year and the year after that and the year after that, tons of companies and banks are beginning to make their own stable coins. and they're trying to do it to basically push back against the Coinbase, the Kraken, the Binance, and the future uh Kmart, Walmart, all the other ones who are also going to be making their own coins who will have a higher uh interest rate on simply just holding the coin. So, anytime that some kind of cryptocurrency, anytime that there's like a nudge forward, there's always someone who kind of tries to like drag it back. And very I think I mean, long story short, whatever, we're we're we're basically going to like start to see the winners of of policies very very soon just because people are going to use crypto. people more people are going to get into crypto. Stable coins are going to be everywhere. The idea of having to like tax certain things is also not going to be very favorable, especially especially in France uh who has um very interesting taxation methods for a lot of different things. Was was France was France the I almost said company. Was France the country who a number of years ago had the 55% tax on crypto? I don't remember who it was. There was one I think they were European country and everyone was like whoa you were not doing any business there. That's when Portugal uh was making it into news for having a 0% tax rate on uh crypto as well. But yeah, sure why not do what you need to do. But um cuz right moving along also in the news it says Bitcoin's bull cycled peak could be driven by global ETF command command. CryptoQuant founder his name is Kong Ju says Bitcoin's current bull cycle could peak as institutions and ETFs expand beyond the United States. He expects deeper stable coin liquidity and tokenized asset infrastructure to widen global access. Basically, other places now have uh cryptocurrency regulations. Yeah, other places now also have uh ETFs. I mean, they've had them for a while, but the demand for crypto ETFs is quite huge. I think a lot of times if you aren't in an institutional position and or going over this news on a constant basis, you don't really understand what this means. We are not looking at normal levels of accumulation. Like this is I told you before, I wonder if like something's about to happen. And when I say that, I mean like is there some kind of like brutal economic reckoning that's about to take place? because that's the only thing that would really make sense to me. The amount of companies and countries and institutions and banks this year, they they didn't jump on the crypto bandwagon like they latched themselves to it and they were like, "No, we've been here forever. They're not buying like a million dollars worth of Bitcoin per week. They're buying billions." the ETF inflows went from, you know, 128 million in a week or like the entire month we had a billion dollars. Now they're buying 1.6 billion a day. These these levels aren't normal. I think personally I keep thinking something's about to happen like something bad to the economy. And this is why we're seeing all these companies smiling, grinning, ear to ear, talking about how much they love crypto. Like, we are we are thrilled to be in this market. It It feels like they're anticipating a crash. So, they're getting further into the market. I I was thinking for a while, I mean, it's also I'm sure it ties into it, the idea of the 6th of October, like bull market begins. that was probably a fraction of it. But these these people are acting like they need to put their money into the crypto space before event happens. So yes, uh Kangju is often or rather actually more recently more often in the news talking about crypto. Um throughout the article he's basically discussing this idea of as this bull cycle goes on that the market will kind of basically continue to go insane as prices go up and then more people and institutions around the world come to the conclusion we don't have any exposure to Bitcoin. Bitcoin's price is at 700,000 we have to do something. They start buying in more more Bitcoin is purchased by Fidelity and Black Rockck and other companies and then the price goes up even more. So, kind of just like a it's a loop upward, if you will. But, um, going to be interesting to see what happens. Um, I keep thinking that something is a miss as far as like I feel like the economy, well, I know the economy is not doing too hot, but all these rich people out of nowhere just seemingly love crypto. Remember I told you like you didn't think it was like, think, think about it, think about it, think about Think about it. Think about it. Think about it. Think about it. Think about it. How weird it was that Visa and Mastercard this year were like, "No, no, no. Like, we like we love crypto. Like, we're integrating it." And I was like, "What? All the biggest players, they're not standing on the sidelines. Like, they're not waiting." And we we know who they are. Like, they've actively told us out loud. The the other part that I'm waiting for is just to hear like which banks are doing it. That's the other part where like when it comes to XRP, we heard XRP and like a couple of other coins recently are being adopted by by banks and I was like when we hear which banks like it's it's game over for everyone else. So yeah, uh don't forget how early you are in the market. It is very important to remember just because there are billions billions of people who are still not into crypto. It is expected and predicted that this market cycle is going to bring us over a billion people in crypto. So at some point in the next three and a half years, one out of every eight people you walk by in the street could be in the cryptocurrency market. Kuri, I do hope that you have all enjoyed. I do hope that you all are having a great day, a great morning, afternoon, evening, wherever you are, wherever you might be. I do hope it is absolutely fantastic. Thank you all once again for watching, listening liking commenting and supporting. And I will most certainly be talking to you all soon. See