To those that keep calling for ALT Season:
In order for ALT Season to happen, ETH needs to go to $5k+ and hold it as support.
For ETH to go to $5k *AND* hold it as support, it means BTC needs to also go to all time highs.
The process of BTC going to all time highs would make BTC dominance go higher, just like it has all cycle.
So the only way to get an "ALT Season" is for BTC.D to first go up as BTC goes to new highs.
If that does not happen, then ALT Season does not happen.
So while the gurus sit out here and yap about BTC.D dropping now and they shill their shitcoins once again, just remember in order to get what they want, they first have to be wrong.
AGAIN.
The real crypto cycle is this:
1) A few people preach BTC Dominance and talk about good ways to invest in crypto long-term.
2) Altcoin gurus that promise alt season each and every day mock anyone who does not buy into their shitcoin narrative and tells them to "have fun staying poor."
3) BTC.D goes higher
4) The same gurus then act like they are the victims and go on emotional tirades on X and on youtube trying to get people on their side. They claim that the "toxic BTC maxis" are "dancing on their graves."
The "toxic BTC maxis" learned the hard way once upon a time, and most are just trying to help others see the light.
Don't shill shitcoins and then act like a victim anytime they drop.
Altcoins are like penny stocks. Most go to zero. It is quite literally a shitcoin casino. If you are going to use your platform to promote gambling on shitcoins, don't get offended when the casino takes your money.
Own it, self-reflect, learn from your mistakes, and move on.
Provided the outline months ago.
ALT/BTC pairs stayed strong for 1-2 weeks into September so the timing was off by 2 weeks
Still I said BTC.D rally into October and ALT/BTC pairs to 0.25
This EXACT move by ALTs happened in Oct 2017
Yet they laugh and say no one saw it coming
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@benjamincowen@benjamincowen Hey, could you make a video updating your view on altcoins versus Bitcoin? You haven’t talked about them dropping in a while. Do you still think they’ll go lower compared to BTC?
Now that Ethereum has run the prior All Time Highs in August, I think ETH will drop back to its 21W EMA.
A lot of people will get upset with this idea, but this has been the plan since ETH went home in April (new ATH, then pullback to 21W EMA and find support).
This outline still follows...
ETH/BTC has bottomed ✅
ALT/ETH will bleed ✅
ALT/BTC is going up but lagging ETH/BTC ✅
ALT/BTC tops late August ❓
BTC.D rally in Sep-Oct ❓
ALT/BTC pairs go to 0.25 ❓
ETH/BTC higher low❓
2018: Harvard says Bitcoin is more likely to hit $100 than $100K.
2025: Harvard buys $116M Bitcoin at $116K.
Everyone gets Bitcoin at the price they deserve.
The best thing that ever happened to me was losing everything.
I made a name for myself in 2021 sharing gaudy PnLs making millions trading recklessly.
At my peak I had over 8 figures and I was discontent. I was never grateful for what I had because of the dream of how much more I could have. I was so enamored by the pride of my achievements, I lost sight of what was really important.
I didn’t have time for my family or friendships. I wasn’t disciplined physically and let myself get overweight. My faith took a complete backseat. I would justify not being charitable because “if I waited to give I could have more to trade and make more so that I could give more later”, but really it was just an excuse to be greedy.
All of that was taken away multiple times over. And for a little bit - it felt like hell. It felt isolating. It felt defeating.
But through being humbled, I found myself again. I got close with my friends again and prioritized time with my family. I made sure to get my health back in line and routinely go to the gym too.
Most importantly, I once again found my faith. Not that I had lost it before, but it had definitely taken a backseat to the idols of greed and pride. I found that my relationship with the Lord and pursuing Him is where real joy comes from. I found that serving others and seeing them grow in their faith was better than any 10x I’ve ever gotten.
James 4:13-17 says “Come now, you who say, “Today or tomorrow we will go into such and such a town and spend a year there and trade and make a profit”— yet you do not know what tomorrow will bring. What is your life? For you are a mist that appears for a little time and then vanishes. Instead you ought to say, “If the Lord wills, we will live and do this or that.” As it is, you boast in your arrogance. All such boasting is evil. So whoever knows the right thing to do and fails to do it, for him it is sin.”
So much of our timeline is about chasing after the next big win, and it can be easy to feel like you’re never doing enough. It’s especially difficult when things are climbing again and you feel sidelined.
I’ve got news for you from experience - if your definition of success in life is purely financial or purely popularity, you’ll never have enough. You’ll always feel an emptiness that no amount of money or followers will fill.
You have to find something greater to live for, and I believe the answer to that purpose is a relationship with Jesus. It doesn’t mean your life will be perfect. I’m far from perfect and I know it. But I do strive to be a better version of myself every day, and in the midst of my failures I know I have a God who loves me despite my imperfections. A God who has a perfect plan for my life regardless of how much I make or lose or win or fail in the world’s eyes.
I just wanted to share this because as fun as up only is, I know some of y’all are still hurting from where things have been. And I wanted you to know there’s hope. Never give up.