When we break the all-time high,
then $100,000 will happen within three months after that.
- Maybe as soon as one month after that. - Yeah.
So, basically, if we break the all-time high this week,
then we could see $100K within the next one month.
Hey, everybody! Today, I'm joined with a moon in motion, they call him,
as Carl is coming to us live from it looks like a Rolls Royce there.
So he's really slacking on the vehicle status.
Carl, welcome to the channel. How are you doing today?
Hello! I'm doing very, very well. I'm still in Dubai.
I'm actually here in Dubai. There's a lot of stuff going on currently.
Like, a lot of crypto conferences and events,
and I'm just running around back and forth between all of these crypto events,
so it's really cool.
- Good networking and-- - Yeah.
Dubai is full of crypto people in general, so it's amazing.
Yeah, that's awesome. And a lot of people are wanting to know,
is it a good time "Dubai" Bitcoin right now?
Because I think it's going to the moon, right?
So, guys, also, before we get into the video too far,
I do want to say, if you want to follow Carl's channel or not do you want to,
I know you want to,
make sure to head on down to the description.
We'll have the link to The Moon on YouTube.
You guys can click on that and subscribe to his channel to get all kinds of good content.
I've got to be honest with you, Carl. I was, over the weekend,
I was getting ready to make a video,
and I was kind of doing some research on what some other YouTubers were talking about,
and I came across your video where you said,
"Today is the most important day for Bitcoin ever
as we're, you know, beginning the race to $100,000."
Do you want to give kind of your thoughts and opinions on why--
I mean, really, it was based on the weekly close last night--
why that was so important and what that means for Bitcoin going forward?
Yeah. So the weekly close is very important, of course,
because this weekly close is the highest weekly close
that we've ever seen for Bitcoin, so it's an all-time high in a way.
And that's showing a lot of strength from the bulls,
not necessarily for the next few hours or the next couple of days,
but on the weekly timeframe, on the weekly chart.
So, sometimes, people get confused.
Like, if I say we're bullish on the weekly, and then we see a 5% drop,
people say that I was wrong.
But actually zoom out,
take a look at the weekly,
and then you can see that we are in a very, very healthy weekly uptrend,
and we're above the weekly EMA ribbons that I used to just show on your channel,
and Bitcoin is looking extremely bullish, very, very healthy right now.
And everyone who thought Bitcoin was in a bear market,
I mean, it's obvious now that they were wrong, right?
Right.
We were not in a bear market. We're always-- we're still in the bull cycle, bull market.
And I think that in the past few days now, the bulls have been able to prove that to us.
Yeah. It's been a fun few days.
I mean, when we hit $60,000 on Friday, that was definitely fantastic.
And I know there's a lot of people out there eating their words.
And you and I are both people who have said the whole time
that we believe Bitcoin is hitting six figures in this cycle,
whether it's this year or early next year.
I believe this year.
If you guys want to go check out a video on Carl's channel
where I think we'll debate this topic in a few days,
you guys make sure to subscribe to him.
But, you know, a lot of people, they were very bearish.
"Bitcoin's going to $18,000," or "It's going to $9,000,"
or, you know, "This is over. We won't see Bitcoin going up for four years."
And, you know, that's just simply not the truth and it's not what the chart showed,
so, you know, yeah, we were looking last night at its close.
Now, I want to ask you this because I made a video yesterday morning
where I was talking about the weekly close and how important it was
and how it was looking great.
We were at like $60,800 I think.
Well, it dropped to $58,000 shortly before the close last night.
That have you worried at all?
- Worried about the weekly close? - Yeah.
So, not really.
I mean, I think, in general, whether we get the weekly close now or in a few weeks,
- it doesn't really matter too much. - Yeah.
I think we're-- inevitably, it's going to happen, right?
But, of course, when you look at the past two times we saw a clear wick above $60K
- and then close below, - Yeah.
we did see a--
I think it was 10-20% correction on both of these instances,
so, of course, closing above means that we are probably not going to see
that immediate correction that we saw the last couple of times.
Because usually when you see a big wick and then it wicks back down again,
that is usually a sign that we're going to go back down.
- And the opposite is true of course to the upside. - Yeah.
If you see a huge wick to the downside and we go up,
usually we see a reaction to the upside.
It's just how it usually works with these candlesticks.
But for Bitcoin in general, I'm not worried at all.
Like, for me, it's so obvious that we're still in a bull market.
We're still in the bull cycle.
And on a daily basis, we go up and down.
If we go down 10% or up 10%,
I don't care.
I don't think you care so much either.
We know that it's going to keep going up.
And the big difference between you and me maybe is the end target of the bull cycle,
- where I think we're going to go higher than you think. - Yeah.
I think you said $110,000?
Yeah. I think it's pretty much hitting $100K and stopping,
but the momentum could carry it to $110K.
But I think if here's--
Let me ask you this real quick.
Kind of on that topic.
Because I think this is an important question.
When do you believe we are going to see Bitcoin hit $100,000?
Because I think we probably agree around the same time it'll hit $100K.
I think you just think it's going to go further after that and I don't.
Yeah. So I've been telling people that when we break the all-time high,
then $100,000 will happen within three months after that.
- Maybe as soon as one month after that. - Yeah.
So, basically, if we break the all-time high this week,
then we could see $100K within the next one month
up until like three months, but not much longer than that.
But then again, if we were to see a correction from now on,
which I don't really think is very likely,
but if we do go down testing $50K again,
then in this case, $100K could wait much longer.
Maybe a few months.
But I'm really bullish.
I don't really think we're going to see the bearish scenario play out.
I feel like that the bullish scenario is more likely to play out at this stage.
Yeah. I definitely think so as well. And I'm right there with you.
I believe that, you know, $100,000 is probably within six weeks from now.
Now, when do you believe-- and I know this is really speculative.
When do you believe--?
What day?
Because I think it's going to be this week.
When do you think we're going to see all-time highs for Bitcoin above $64k?
Well, it could happen today.
- It could happen by Friday. - It could happen.
- I mean, the momentum we've had for the past few days here has been absolutely huge. - Yeah.
So the trend is our friend,
and it's likelier that we break the all-time high in the next few days
rather than seeing a big correction.
Obviously, we could consolidate a little bit right now
and go sideways for a week or two before breaking.
- That's possible, but I would say that within the next couple of weeks, - Yeah.
it's very likely that we will break the all-time high.
Yeah. I don't see a consolidation here.
I think that when you look at the momentum
and kind of what I was touching on on the weekly close last night
was the fact that, you know, Bitcoin, it was at $60,500, $60,800,
and then it dropped all the way down into the $58K's
about three hours before the close,
and then by the close, it had jumped all the way back up to $61.5K
and above where it was at the opening yesterday,
and to me, that's extremely bullish.
Like, that is the bull saying like, "No, no, no. We got this. We're going to push this forward."
And I definitely think in the next, you know, some time before Wednesday,
we should be sitting at all-time highs.
At this point, it's not a big move.
I mean, I think Bitcoin, you know, may have just corrected a little bit,
but we were over--
we were basically almost back at $63K last night,
so I don't think it's going to be long at all now.
I agree. I agree.
- Bitcoin is way overdue to make the huge push above $100K, so. - Yeah.
But it's going to have-- it's going to be--
inevitably, it's going to happen.
The only question is if it's going to be this week or next week or in a couple of months.
- But it's going to happen. - Yeah. Exciting times.
- Well, Carl, thanks so much-- - One question I have for you.
- Oh! Oh, a question for me? - One question.
- Okay. Let's hear it. - How are you going to celebrate $100K?
Because it's like a massive thing, right?
- It's like a huge, huge level. - Yeah.
I don't know. Maybe I'll go buy another Lamborghini.
I don't know how am I going to celebrate. We'll have party here at the office for sure.
I mean, we'll definitely have a big celebration.
It's going to be a big party
when it finally does hit the six figures and we're all vindicated on stuff.
I want people to remember this.
We've been saying $100,000 in this cycle since like 2018.
You know, we've been saying this for years now.
This is not a new thing that just over the last few months.
And you definitely were a person during that time that was, you know,
talking about how high Bitcoin can go.
You've been saying $100,000 forever.
- So there's going to be a lot of vindication for a lot of us when we hit $100K. - Yeah.
100%. All the old classmates and work colleagues that were doubting us,
- they will feel bad because they actually didn't take our advice. - Yeah.
Ugh! You know you hate it.
A lot of people I know have at this point.
But, you know, there's definitely a lot of people out there that thought we were crazy.
- And let's be honest, Carl. - Yeah.
We are a little crazy,
but we are crazy enough to see the future!
Yeah. You have to be crazy to buy Bitcoin, right?
- Yeah. Absolutely. Yeah. - To take a risk like this, yeah?
- Well, Carl, thank you so much for joining us today. - That's cool.
I think it has been very enlightening talking about where Bitcoin's going,
where it's heading to.
Everybody, drop comments down below. Let us know where you think Bitcoin is heading.
Carl, we'll see you next time.
That's all we got.
Be blessed.
BitBoy out.