Bitcoin's TRUE price prediction!

The US government found holding more Bitcoin than we knew about. What are my holdings? What should you be looking at? What's my time frame for price predictions? Is the bull market truly upon us? Sit back, strap in, and let's dive in. Hey guys, thanks for tuning back into Matt Young Live. I'm Matt Young. Today we're going to dive into more of what we've been talking about. Did they really find another wallet with the government holding more BTC than we knew about? You bet your bottom they did. If you guys read here, a friend of mine— shout out to Trade Intuition Joe, who I talked about last video— again, I'm going to link his description in the bio below. I want you guys to go check out exactly what he does. He does trade-by-trade analysis, does live streams at 3 PM Eastern time every single day. This guy is phenomenal. But he sent me this. At this point, the cryptocurrency analysis company Arkham, which previously detected the Bitcoin wallets of Elon Musk's giant companies Tesla and SpaceX, has now detected a new Bitcoin wallet of the US government. A new Bitcoin wallet of the US government. A new Really? It's not new. It's been there. According Arkham, accordingly, Arkham identified the address where the Bitcoin seized by the U.S. government from drug dealer Banat Singh during a hearing in January this year were located. According to Arkham data, this address contains an additional 3.94 thousand BTC worth roughly around $251 million. Matt, why are you saying this? Guys, you're going to continue to see this all the way through until we actually do see our true bull run. And what you're going to notice again is the more and more Bitcoin that we're going to find out about the government having is going to even further really resonate with my theory of Bitcoin being dumped by the US government towards the next bull run, especially at the peak of it. Because when you find out that not only is Bitcoin being held mostly by the United States and some other governments as well, but if we truly get a $1 million Bitcoin to a $5 million Bitcoin and the government just dumps what it holds right now that we know about, it would absolutely recorrect the dollar once again. Like I said, making the dollar the way to pay. So So if in reality, you know, everybody's saying, Matt, you know, is the bull run over? Are, are we going to see an altcoin season? Guys, you have to understand this. With the market cap right now being at $2.413 trillion, if the market cap goes up to just $10 trillion, any type of dump from Bitcoin dominance would signal an altcoin rally. But again, you're looking at a 5x if you just go to a $10 trillion market cap. So any type of altcoin rally that we would call it in previous days or in the past would absolutely mimic altcoin seasons of what we've seen in the past because there's way more money in the market. So when I was talking about could, you know, the bull run come and go just as fast As it comes, could it leave just as fast? Absolutely. And that's what you're really gonna see, especially in this volatility that I've been talking about. Now I want to get into really what my holdings are, and I'm going to finish exactly with what my predictions are for Bitcoin as well and my time frame. So I did tell you guys I was going to show you what I was holding, so I want to show you what I've been holding and looking into. My first project, which I'm not going to talk a lot about, is Goldfinch. Okay, do your own research. None of this is financial advice. It's exactly what I'm looking at, which you guys know, which is mostly going to be RWAs and things that are in the process of being tokenized. So tokenization projects, anything that connects us— that can connect a real-world asset to something on the blockchain. That's exactly what stocks are, and that's exactly where we're going in cryptocurrency. If you look at the all-time high of Goldfinch, it's $11.50. So if we truly get an altcoin rally or a Bitcoin bull run in an utmost just phenomenal way to where we see all, all-time new highs over $100,000, $200,000, $300,000, then you can bet your bottom that Goldfinch is going to revisit this all-time high. And right now, from $11.50 is where it hit on January 10th, 2022, you can see that it made its run all the way back down from $11.50 to where we're currently sitting at $3.86. Be a phenomenal return and it's a safe play. About $100 million market cap on this coin. Opulous— I showed you this one, this one in my first video, guys. This is going to be more of the Spotify for artists that are in the music industry. It's going to allow them to get their royalties. It's going to allow them not to basically get Napstered out of their money. And Opulus is one that I firmly believe in. The all-time high for Opulus is— I think it's roughly about $7. Yes, $7.29. Right now it is sitting at 15 cents per token. I love Opulus. If you go into the Casper network, you might have heard a lot about Casper, and you can hear people talking about Casper saying, you know, Matt, Casper isn't really something that I want to look at. Why are you looking at Casper? Well, not only was the all-time high back at about $1.33 and now it's sitting at 2 cents per token, but with Casper, it has a major partnership not a lot of people are talking about. So I do want you to look this one up. It's backed by IBM. That's right, the major corporation IBM is backing Casper and has made a partnership with it. Now what helped me out in this last bull run was finding the tokens that not only had utility use cases but had the major partners. And with IBM backing Casper, I believe that we will at least see that $1.33 again. PNG, Pangolin, sitting at 45 cents per share— per token. I like to say per share because it's no different than a stock. The all-time high for PNG was $16.75. This right here, you guys see, is nothing but an accumulation zone. So we're going to go back real quick to the previous chart on— I think it was Goldfinch. It's the same thing here. You're buying in what we call the accumulation zone. Eventually you like to see what's called a rounded bottom. When you see the rounded bottoms, remember this: rounded bottoms pay the bills because eventually the cup normally gets finished. This is what we call a cup pattern. To where it would come around and then it would finish the cup back up here, and then we'd see another handle come down here and then an explosion back up to all-time highs. Right now you can see it already trying to form. It comes down into the accumulation zone, everybody buys, boom, here comes a mini cup, here's the handle, here's the breakout from the handle. We need to continue upwards, but again, we're watching the monster that runs the market, which is Bitcoin. And I want to finish with LCX. It is an exchange, but it's an else— it's an exchange that I'm very, very bullish on. It has a lot of different things about it that Coinbase doesn't have, and it's got stocks, bonds, diamonds, things like that they're integrating within the LCX platform. To me, that tells me major partnerships, major backings means major returns. Look at this one. This is a perfect example of a cup. This is nothing but— yeah, it had a little peak here, but if you just draw a rounded bottom, that's all it is. So the cup is trying to be finished. Well, Matt, why are you buying it, or why have you been in it way down over in here? Because I saw the cup being formed. This is more of an Adam and Eve type pattern, but we'll talk about those later. Later. Again, I don't like to get into too much technical analysis because when this much money comes into the market, that is coming. You can't always rely on technical analysis. They are expecting you to, therefore they're also expecting you not to trade. So on this, people would say, oh no, it's already made its all-time high run. Here comes the cup, here comes the handle. Oh, it broke up. Here comes another handle. If it breaks down below here, it invalidates it. I'm an investor. I used to be a trader. I used to love to trade day by day by day. But what my plan is, and what I think your plan should be too, is have a 5-year plan. Know where you're going to exit and stay with your strategy. Because it's not if, but when you start coming into profits, you are going to find that it is so hard to sell because you're like, I don't want to miss the top. That type of attitude right there, I can guarantee you, is what is going to get you wrecked and what got most traders, and including myself, wrecked. On the bear cycle that came down after the bull run of last season. So with LCX, I see us making a little consolidation here. I do plan LCX to go up and see new all-time highs. I think the all-time high for LCX was roughly about 45 cents. It's only, you know, about a 1x away. Again, being that it's an exchange with things that we've never seen before, I think it's going to give us gains That you and I have never seen before either. So what am I getting at? Well, with the 5-year plan, guys, you have to understand it's not something that I'm just looking to get in here and make a million dollars within a month or two. Back in 2017, '16, '15, you could have done that. I'm not saying with $10, $20, $30 trillion coming in the market that it still can't be done. It's just not the safe play for me. And I'm not going to get on here and post all these charts where you're going to see all these mentors posting 100x gains, 300x gains within 1 day or 2 days. Can it be done? Yes, but it's a lot riskier. And if you don't respect money, money is not ever going to respect you. So if we dive into the Bitcoin chart using this Gann Fan, let's zoom back out to the monthly time frame. And if you don't know what the Gann Fan is, I recommend you Revisiting our last video, I will have that in the link. Have it in the comments below. I want you or in the description below. I want you guys to check these out to understand what we're talking about. But I want you to notice something in this fractal that we're in right now, which is the blue fractal. If Bitcoin is to break below fifty four thousand dollars, it invalidates this fractal. But again, guys, what have I been saying? I expect us to come back down and revisit this wedge that we broke out of. It was a rising wedge. Had a 68% chance that it should have broke to the downside. When a rising wedge breaks against its probability, which means it breaks on the 32% upwards instead of downwards at the 68% odds, you're gonna get parabolic gains. And that's what you saw happen. It broke out at $34,000, did almost what it did do— 100%. Bitcoin did 100%. If Bitcoin does 100%, Your altcoins should do way more than that because again, Bitcoin has 50% of the market's money just solely in Bitcoin. So when you understand these lower market cap coins, yes, they are higher risk, but they also award higher returns. And that's why I'm saying have that investor mindset, not the trader mindset. The investor mindset is on red days, just buy a little bit more. Because I promise you, on the green days, you're going to continue to see more and more and more, and then you'll see red, red, red, and then you'll see more and more and more profits, and then red, red, red. But if you're buying on the dips, especially if we hold the $39,000 level, the 2 to 5 year plan— that is my price point, my price prediction within my time frame— is about a 2 to 5 year plan. So by 2030 You can believe that I'm going to be exiting the market, especially once we get up to this top trend line at roughly around $160,000. Well, Matt, you know, could it go past $160,000? Absolutely, guys. When we zoom out and I showed you the top of this fractal right here, if we broke out of— and again, before I get there, if we broke out of this rising wedge here, it's a 38% chance that it should break to the downside. If it breaks to the downside, we're looking at revisiting $17,000. Could it happen? Yes. Would it shake everybody out? Yes. Would the elite, the millionaires and the billionaires, make a whole lot of money? Yes. That's why I talk about this. I don't want to just give you Plan A, which is yes, we could break out of this rising wedge and see phenomenal gains all the way up to— if it broke out this month recently, I showed you it would go to a million dollars. If it broke out in— by the end of the year, it could see about a $1.3 million Bitcoin. But what's going to tell me to take profits or not is once we get to this trend line, I'm going to sell at least half of what I have. If we break out of this trend line on a weekly time frame, not a daily, not a 3-day, on a weekly time frame, and then we retest and we hold it, then I will re-enter the market looking for that $1.5 billion Bitcoin. $1.5 million Bitcoin. Got a little exaggerative there. However, if we broke out and retested and stayed and then broke back into the pattern, it would only validate more of what I've seen and what I know, that we would continue back down to the lower trend line. Okay, so guys, again, Bitcoin is in one big rising wedge, so it's got a decision to make here in the next 2 to 5 years. What is gonna happen? Nobody knows. But I had so many people asking, Matt, do you really think that Bitcoin would be dumped in order to recorrect the dollar? The government is never going to tell you basically what their plan is. We've seen that. We're finding more wallets— they are— that have Bitcoin in it that is tied to the US government. They're never going to tell you everything. So when you understand that and you understand that the money is made in the middle Not by trying to nail the tops, not by trying to nail the bottoms, and you can appreciate those red days because you understand they're opportunity days, then guys, everything changes. Well, Matt, what if it comes all the way down to $39,000 Bitcoin and then it dumps and breaks out of this falling wedge and hits $17,000? I would buy more. Well, Matt, that's just crazy. Well, if you're in the cryptocurrency space and you're using all of your life savings Now, as compared to 2015, '16, '17, now is most definitely not the time to do that. You can't do that anymore because you're not respecting money. Therefore, I can guarantee you money is never going to respect you. I want to finish with this today because— shout out to Mark, and you know who you are. Guys, this is something you just don't hear a lot of people talk about. And I felt it really heavy on my heart, especially with you guys, to talk about this. I'm a devout Christian. You'll hear me say it time and time again. From my buildup in, in professional wrestling, finally getting to work with WWE, coming out of there with all the money that I had accumulated, being basically worth nothing, then at about 21 years old entering the car business, making almost a million dollars by the time I was 22, 23 years old, buying my own house. I mean, had everything that I wanted. Then I was bankrupt by 26. Then at 28, working for almost— 27 to 28, working for almost a year without seeing a dime, spending $50 on Uniswap, and then getting that airdrop that paid me about $3,000 to $4,000, and then turning that into roughly $30,000, and then upwards almost back to a million with my family. And then again in the bear cycle, losing everything. Guys, I would be remiss and I would be so remorseful if I didn't share this with you. You know, this morning when I woke up, I thought about the people that are tuning in, you know, and what my dedication is to you guys and what my dedication really is to Jesus Christ. Guys, if you're waking up and you're letting your circumstances dictate how you feel, you're never gonna be successful in life. And success is not what America describes success as— money, cars, fame. It's not that. If a child wants to grow up and be a teacher and he or she becomes a teacher, that's the definition of success, because I guarantee they're going to be happy. So I want to ask you a question: if you had a billion dollars, a billion dollars in your bank account when you woke up tomorrow morning, And you couldn't spend any more of it because you'd already bought the houses, you'd already bought your cars, you've already taken the vacations, you've already taken care of your family, you've taken care of your friends. No more money could be spent to create happiness for you. My question is— actually, my 2 questions are, and most people can't answer this, they definitely can't answer the second one— what time would you wake up every day? But the most important question is What would that day consist of? What would you do with your time? And once you find out whatever that answer is, start dedicating just a little bit of your time every single day to pursuing that. Because if you're not, you're committing spiritual suicide. Your subconscious knows what you want to be and knows what you truly want to do. And if you're not devoting just a little bit of time every day to it, You're getting one day older and one step closer— and not closer, actually— to the goal that you don't even have set. And don't think for a second that your subconscious mind doesn't resonate with that, and therefore your physical body does nothing but express that. You see, our physical body is nothing but a representation of our mind. You go to the hospitals these days, and now if you look up the case studies, About 80 to 83% of people in the hospitals are mentally sick. Give you an example. If I took a cancer patient that's in stage 4 lung cancer, and I take another cancer patient that's in stage 4 lung cancer, but only one of them was told that they were in stage 4 lung cancer, which one do you think lives longer? Well, Matt, it's the one that was told, 'cause he treats it. It's wrong. Medicine is a great thing, and I'm not saying that medicine is not that, But what we have seen, and if you go back to my previous videos, you will see the scientific studies, your mind is nothing but a factory for you. And a thought that's entangled with emotion will always manifest itself in its physical outward form. So if you really want to be successful, whatever your definition of success is, You have to go there when you first wake up in the morning. When you first wake up in the morning, when you're coming out of a sleep state, whether you've slept great or not, you're coming into a conscious state and it's called beta waves. It's when your subconscious is open at its highest level ever for the first 5 to 10 minutes. So what you do in your first 5 to 10 minutes of your day is going to dictate what you get for the next 24 hours. So my first 5 to 10 to 15, maybe even an hour sometimes, I give the first bit of my day to God. You hear all these preachers saying, well, you need to tithe your money. And yes, tithing finances is true, but if you tithe and you don't really want to tithe, your mind knows that. And not only does your mind know that, but God knows that. But your time, which is something you can't pull up on your app And check how much money you have or how much time you have. You can see your money, but you can't see how much time you have. That's the most valuable thing you've ever been given. So when you tithe your time to God every single morning, you start to understand why every day is a gift. And don't think for one second that you won't be rewarded generously. Will it happen after day one? Probably not. Day thirty? Nah, maybe. But if you continue to tithe, if you continue to do this day after day, I promise you it will only make your life a better way. Stay locked in with us. I might drop a video this weekend. I might not. Let's see how the market conditions to where we're at right now. We broke a crucial level. In my opinion, my alert went off earlier, so it made me check it. We are back below one of my resistances, about $62,000. I plan us on revisiting this blue trend line roughly around $54,000. If we don't, fantastic, because if you look at the daily time frame, the daily time frame right now is in a falling wedge. Okay, however If we don't break upwards, 68% chance of falling wedge breaks what? To the upside. If we don't get this break upwards back to all-time highs or new all-time highs, then you can guarantee we will see this bottom trend line at $52,000. And if we break $52,000, then $40,000 is definitely in the cards right here. I'm not trading, I'm not making any aggressive entries. I'm gonna wait and see if we hold the $62,250 level. If we don't, I know our next stop down is roughly about $59,000, and I might buy just a little there. If not, then I might buy right there around that $56,000 level. But I know ultimately, if we come out of this falling wedge, that we will, we will revisit $52,000. And if that doesn't hold, then again, like I said, $40,000 is in the cards. Well, Matt, why would they shake everybody out if they're trying to dump the dollar? Because the people that will be buying and investing when these dumps happen are the ones that have all the money that they need in order to get Bitcoin up to $1 million, a $5 million Bitcoin, to then where the government can dump and we see the dollar once again becoming the way to pay. Thanks for stopping in and thanks for tuning in.