So, in terms of the market, we have a capitalization of over 1 trillion, almost 1.2 trillion. Honestly, what is happening in the market now was also visible in 2019. The bottom was outlined, and now it seems very likely that Bitcoin is heading somewhere very high.

Undoubtedly, there are manipulators on the market, and all the actions that happen on the market happen not by chance. If you put a plus, I will see that the sound and picture are good, and I will continue. I am now visiting friends, and the studio is on wheels. I hope the mobile internet speed won't fail me. So, we have Bitcoin at $28,000, and many expect to see it much higher. Some public figures say that a million dollars is a quite real value.

Our global goal is that two conspiracy theories suggest that this cycle is probably the last, and the maximum possible value for Bitcoin is $48,000. There is also that review about the end of the dollar era, and after that review, there is a particular group of people in the audience who react very irritably to any opinion that the dollar may go to the bottom, may collapse, or lose purchasing power significantly. In fact, the purchasing power of the dollar has been decreasing for the last hundred years and does not even exceed three percent of the values ​​that were.

In the last hundred years, the purchasing power of the dollar has been decreasing, and currently it does not even exceed three percent of the values ​​that were invented in the United States of America a long time ago. Unfortunately, it seems that they are not ready to take into account the purpose of the coin in the blockchain with the proof of stake consensus algorithm. Harry Gesler is a smart guy and understands perfectly well that the proof of stake algorithm is necessary for the blockchain. However, in his opinion, at the same time there is reason to recognize any coins on such blockchains as valuable. This makes many assets a little uneasy. I don't think that this will lead to the collapse of any particular projects tomorrow, but in general, we must be prepared for the regulations in the cryptocurrency market. We expect the arrival of regulators in 2023. I think this arrival is mandatory, and I really hope that they will sow FUD in the market and continue to do so before everything that we expect actually happens.

Let's look again at the maximum values ​​that I believe Bitcoin can reach with FOMO. This is the 61 Fibonacci level at $48,000. This is also the same value according to conspiracy theories, which is hard to believe in. Such a growth is quite possible. This is an entry point in the range of $42,000-$48,000, a chance to exit for those who bought in at the highs, but only for those who held Bitcoin and not altcoins. In this case, I think altcoins will not grow to their historical highs, but they can give two or three X at that moment when Bitcoin from local lows will give those same 22 and a half X, that is, altcoins, in my opinion, will ultimately grow no less than Bitcoin, just maybe with a delay. Therefore, if I see Bitcoin rising and altcoins not rising even up to $48,000, I won't worry about it. However, forgetting about conspiracy theories and Fibonacci, in the framework of which we grew from the impulse of decline to the rebound to the 61 level, the mark of $14,000 in the previous cycle, the mark of $3,000, this may not happen according to Fibonacci.

If we forget about conspiracy theories and Fibonacci, which in the past cycle also saw altcoins rise to the 61% level from the impulse drop to the rebound, reaching $14,000 last time and $3,000 marks before, it may not happen again according to Fibonacci. In this case, I believe the ideal target that Bitcoin could reach and then reverse would be anything above $32,000, or even in the range of $30-32,000.

I think that after updating the local minimum during the decline and staying here, this will be the point of no return. For those who have prepared their funds, buying at this moment when experiencing FOMO, will definitely happen when Bitcoin is showing some figure like this story, and most likely the altcoin season will start here. Pay attention, we reach some high point with Bitcoin, and then altcoins begin to rise. While Bitcoin slightly updates the local high, altcoins continue to grow and sow FOMO against the backdrop of growth.

Look, Bitcoin has already grown and is no longer worth hundreds of dollars, but $3-4,000. You may be late to jump on this train, and at this very moment, I would advocate for almost completely exiting the market, leaving only some coins or a certain volume of coins in my portfolio. What volume of coins? Definitely not more than the volume that is completely free. If the portfolio gives you two times the value now, it is gradually approaching two times the value of the highs. Sell half of the portfolio, leaving half of the coins for free. And if, as the respected Katie Wood says, it will reach a million, let's not be tempted to sell the free coins, which are in much greater quantity in the portfolio than those who bought at highs and believed in the price and considered any decline an excellent opportunity to buy in. In our case, the volume of coins will be much larger than that of those who bought at highs, so we will definitely not lose in the race for wealth. Let's switch to another camera. The race for wealth is such a thing, someone says "I sold", and you did not sell, and now I have more coins and I will become rich.

The main task is to earn as much as possible. Success, I remind you, according to statistics, is achieved by only 20% of participants in the market, while 80% lose money. I'm not even talking about cryptocurrencies - the market there is likely even worse, considering the bubbles that are being inflated with altcoins.

There are separate exchanges that I periodically mention as fraudulent - they are essentially kitchens, not exchanges. These guys are smart and simply show a graph without any real transactions and see the statistics of who is profitable and who is not. Profitable traders are asked to leave the establishment, claiming that they are supposedly violating some rules. They are hackers and so on, but the funds are returned so that there are no claims from profitable traders, and the funds of unprofitable ones are left there. No real transactions take place, and even just showing the prices on the graph or bitcoin quotes on the exchange does not change the fact that people still lose money, and this money simply does not go anywhere else, but ends up in the pockets of the owner of the platform, the bald guy from Canada, who actively promotes his wonderful commission-free spread exchange in the CIS. They will tell you any perks you want to hear, but only unprofitable ones come, and if profitable ones come, they simply say goodbye, insult them, and call them bad names, while unprofitable ones beg for mercy. This is basically how everything works in the market, and given that there are many more unprofitable traders, such exchanges make huge amounts of money.

So any success in the market is profit, so don't be greedy. Greed is the feeling that separates you from a bright future that could be just a snap of your fingers away. Yesterday you bought, today you got rich. This doesn't happen in the long run. The most important thing is not to lose. So I urge you to withdraw the funds and invest them in the market. Don't give in to the form. Although now, I think I'm starting to doubt what I'm talking about, which is absolutely normal. I had doubts when I was at the $1000 mark and I said we needed to sell. Note how the peak of the cycle looked in 2021 - 60, 30, 69. It's easy to get confused. We sold at 60, and I was worried the market would continue to rise, so I formed some of the cryptocurrency for free in my portfolio in a locked state. That is, I cannot sell it. It will gradually be unlocked for me, so I protected myself in case a situation occurred on the cryptocurrency market, which I do not know what the prices for Bitcoin will be tomorrow, so undoubtedly I will leave some cryptocurrency in the portfolio, but I will not be greedy and leave all my funds to earn more than everyone else. You will most likely lose more than anyone else. Let's move on to the next topic if everything is good.