Ethereum: Going Home

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  • เผยแพร่เมื่อ 4 พ.ย. 2024

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  • @intothecryptoverse
    @intothecryptoverse  2 วันที่ผ่านมา +24

    Into The Cryptoverse Premium SALE:
    intothecryptoverse.com

    • @ITC_Admin
      @ITC_Admin 2 วันที่ผ่านมา +3

      ☝️🧐-notice how the *Real Ben* is highlighted and TH-cam verified☑️

    • @ITC_Admin
      @ITC_Admin 2 วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

    • @grisdoteth
      @grisdoteth 2 วันที่ผ่านมา +3

      Ben please add crypto payment. it's into the CRYPTOverse not fiatverse , loll

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      @@grisdotethPaying with crypto is available for *Lifetime, Annual and/or 6-Month “Pro Plan”* subscriptions… it’s not currently an option for month-to-month (monthly) subscriptions✔️

    • @intothecryptoverse
      @intothecryptoverse  วันที่ผ่านมา +1

      @@grisdoteth crypto payment is an option

  • @bhargavnutakki5014
    @bhargavnutakki5014 2 วันที่ผ่านมา +523

    This is one exhausting cycle lol

    • @DJCODESDOTCOM
      @DJCODESDOTCOM 2 วันที่ผ่านมา +23

      Straight up 😂

    • @applejuice5635
      @applejuice5635 2 วันที่ผ่านมา +57

      Seriously, it's soul sucking.

    • @TaneemChowdhury
      @TaneemChowdhury 2 วันที่ผ่านมา +40

      It's never easy but when we eventually make it through, people will say we were lucky.
      I suspect it will continue to be exhausting until a good chunk of investors give up hope; we may even see one more capitulation.
      Probably a good time to DCA into ETH though.

    • @uekikosuke3601
      @uekikosuke3601 2 วันที่ผ่านมา +10

      True 😂 especially us waited for 3 years that has profit back then and bought an AI coin that I don't know that if it will go up.

    • @altezzaboi9845
      @altezzaboi9845 2 วันที่ผ่านมา +22

      If you’re still here with us you’ve already beaten out 99% of people. Our patience will pay off

  • @youtube.crypto-j5g
    @youtube.crypto-j5g วันที่ผ่านมา +133

    Let haters hate, but this guy saved my portfolio, saved my hard-earned money, and, potentially, millions of nerve cells. Thank you, Ben! You're the best!

    • @rc9266
      @rc9266 วันที่ผ่านมา +4

      With all the work I put in to sort out the BS channels this one in in the true pile with skills we can take to the bank!

    • @SaintSoldier84
      @SaintSoldier84 วันที่ผ่านมา +2

      Same here 🙏🏼

    • @brandonstieg4176
      @brandonstieg4176 วันที่ผ่านมา +2

      Agreed! Thank you Ben. I hope you get a chance to read this.. Many of us have gone through this process of sorting out the trash in our content intake. Greatly appreciate the straight forward analysis and all the hard work you have put in. Nice to see this all play out. As you said, patience has been and likely will be key.

    • @saravdl6284
      @saravdl6284 วันที่ผ่านมา +1

      100% Ben is an absolute genius!!!! Staying BTC heavy has saved me soooo much stress!!! Thank you Ben x

    • @Ronzo777
      @Ronzo777 21 ชั่วโมงที่ผ่านมา +1

      Same brother.

  • @HMLikker
    @HMLikker 2 วันที่ผ่านมา +244

    Go home ETH, you are drunk

    • @briankuhn7396
      @briankuhn7396 วันที่ผ่านมา +3

      🍻 I just got a mental picture of Vitalik drunk. 😆

    • @joeb3016
      @joeb3016 วันที่ผ่านมา +3

      Go home ???? What price is home ???

    • @davycrockett8886
      @davycrockett8886 วันที่ผ่านมา +1

      Ethereum 💙

  • @stevededina361
    @stevededina361 2 วันที่ผ่านมา +136

    Ben, it looks like the bottom of the band in two months is about $1,100. If ETH is $1,100, and ETH/BTC drops to 0.03, it means that BTC/USD is $36,667. Even if ETH drops to $1,500 BTC/USD would be $50,000. Of course, if ETH/BTC is higher than 0.03, BTC/USD would be even lower. Can you please address this in one of your next videos? Mathematically, you are saying that BTC/USD will fall to $50,000 or less. This is pretty serious and to many even more important than the ETH video. Please, please address this. TBH, I’m surprised you didn’t because it’s the elephant in the room.

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

    • @merttok4291
      @merttok4291 วันที่ผ่านมา +24

      He mentioned many times that BTCUSD might go to 100 week SMA like in some previous cycles, which would be around the yearly open, $42,000.

    • @MarinerMo
      @MarinerMo วันที่ผ่านมา +5

      Yes, or BTC/USD around $60,000 and ETH/BTC drops to 0.02.

    • @stevededina361
      @stevededina361 วันที่ผ่านมา +5

      @ $1,100 / 0.02 = $55,000

    • @Travelbjjbtc
      @Travelbjjbtc วันที่ผ่านมา +3

      I guess if it happens at the end of the year the band will be higher? I agree with you thought, that’s been on my mind too

  • @lordzekze
    @lordzekze วันที่ผ่านมา +10

    Back then Eth had marketcap less than 20b in 2019. Now its close to 300b. A 30-50% drop! Hard to believe.

  • @flyingcompanion
    @flyingcompanion วันที่ผ่านมา +159

    IF ETH GOES HOME, WE GOING HOMELESS!!

    • @MrCmarius
      @MrCmarius วันที่ผ่านมา +5

      😂 true

    • @dt9338
      @dt9338 วันที่ผ่านมา

      😂

    • @davycrockett8886
      @davycrockett8886 วันที่ผ่านมา

      Ethereum is the hope for decentralised on-chain crypto.

    • @dimitriosploutarchos150
      @dimitriosploutarchos150 วันที่ผ่านมา +2

      At least we'll have fun stories to tell our grandkids

    • @GrigorAvetisyan
      @GrigorAvetisyan วันที่ผ่านมา

      100% underrated comment :D

  • @jeradrhone8773
    @jeradrhone8773 2 วันที่ผ่านมา +34

    For those nervous about this, speaking to myself as well because I know it's not easy, just look a little farther in the chart. Even if eth does go home it shoots way higher after a couple of months, to a point where it almost doesnt matter where you bought it at. So if you just plan to hold anyways, get away from the charts and check back in around january or so. Keep your mental health in check for when the bull really gets going, youll need to be firing on all cylinders when that happens. Max pain is watching alts fly while you're sidelined, and sidelined only out of fear or getting too greedy with finding the perfect bottom. I have made all of the above mistakes by the way!

    • @VasRoof
      @VasRoof วันที่ผ่านมา +1

      thank you!!

  • @Psonobody
    @Psonobody วันที่ผ่านมา +7

    The lows Ben is calling for would take the BTC/ETH valuation far too low. Even BTC would have to go down under 40k in this quarter.
    My hypothesis is that ETH DOESN't go down much lower in both eth/btc and eth/usd; however it will not be as strong in this cycle because it didn't hit those lows as we saw in previous cycle.
    This would fit the weak ETH, strong sol/alt narrative we've been hearing. Just my opinion :D

  • @dec5305
    @dec5305 2 วันที่ผ่านมา +23

    One thing I was curious if you could answer is that if you believe ETH is to go that low then you must also think BTC has the ability to go into the low 30ks? Because for ETH to go sub 1k then BTC would need to be low 30s if we are even saying ETH has a .03 valuation against the BTC pair at that point. I’ve agreed with you on the dominance rally and I also do feel altcoins still have some bleeding to do but low 30k BTC seems unlikely especially without a recession. Would appreciate your thoughts on this. Thanks Ben

    • @edmehmet6630
      @edmehmet6630 2 วันที่ผ่านมา

      Why are you still thinking of bitcoin like the past when it was whales moving the market. These are different times everything will now cycle from bitcoin. Not like before when tables would turn.
      What's driving bitcoin up? The ETF.
      Who is driving the price up? BlackRock.
      The whole reason why bitcoin is going up is not because of a cycle, whales are now dolphin now that Wall Street has come in. The wealthiest whales will have inside information and follow blackrock because if they did their own thing the risk would be great as they have no control to holding support levels or rejecting resistance. Wall street can slump it lower or slap it higher at any given time. That's why alts ain't doing anything. The only way your cycle or 'alt season' will come into play this time is if wall street offload their bitcoin and go into alt coins. Do you really believe that is going to happen? Lol
      Bitcoin is daddy and doesn't have to go down if Eth goes down. Bitcoin is like Netflix and Ethereum is just another TV show.
      The only way Ethereum will go to all time highs is if BTC goes 100k or if BlackRock wall street step in. Which I think is possible but whales aren't in charge anymore

    • @ITC_Admin
      @ITC_Admin 2 วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @sabeoqueelaquer2333
    @sabeoqueelaquer2333 วันที่ผ่านมา +30

    What he is basicly saying is that eth/btc will go to 0.01-0.02 because if eth "goes home" and ethbtc goes to only 0.3 thn the cycle is over because btc is at 30k and we can go on holiday untill 2028 again, if you think btc can go to 30k and magically rebound to 100kin a couple months like nothing happened you are beyond delusional

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

    • @NubeBuster
      @NubeBuster วันที่ผ่านมา

      Bro if btc goes to 30k until 2028 then i think it'll stay there, and the game is over.
      I do not mean touch 30k, I mean persistent

  • @nataljamakova
    @nataljamakova 17 ชั่วโมงที่ผ่านมา +2

    ETH dropping another 20% is not a big deal tbh. Grateful to you for the magnificent analysis

  • @jkeartieco
    @jkeartieco 2 วันที่ผ่านมา +116

    Ben has been right the entire bear market

    • @dariocastelli7102
      @dariocastelli7102 2 วันที่ผ่านมา +1

      Yup

    • @bongboyz6468
      @bongboyz6468 2 วันที่ผ่านมา +2

      It's hard to deny btc dominance he keeps pushing. So yeah he's right, every other subject follows this idea

    • @1337139
      @1337139 2 วันที่ผ่านมา +2

      @@thenarza7307 forgot about that. what a wild breakout that was

    • @miltonMTA
      @miltonMTA 2 วันที่ผ่านมา +3

      He was wright about what matters IF you are not a trader. He was wrong about the BTC break out over 35k then, but he was not buying or selling there. His risk métrics bands and patience with alt pairs aged well for his portfolio. That is a fact!

    • @mg-se8cx
      @mg-se8cx 2 วันที่ผ่านมา +1

      He is wrong he is wrong he is wrong what Happening many salty people in this space, i step on the b cowen road for me everything is fine ❤

  • @emi2210
    @emi2210 วันที่ผ่านมา +9

    For ETH to go down to those regions BTC would also need to go down. Not saying it's impossible but that would break the cycle. The weekly candle we're about to print on BTC makes me worry.

    • @sw1zzy940
      @sw1zzy940 วันที่ผ่านมา +2

      55k$ BTC is still within Bull market structure.

    • @robdubois3844
      @robdubois3844 วันที่ผ่านมา

      It wouldn’t break the cycle at all. Still plenty of time for price to break down and make its way back up to cyclical expectations

  • @nakatash1977
    @nakatash1977 2 วันที่ผ่านมา +23

    Ethereum is not an investment. It's a utility token. So is solana, so is BNB, so is Cardano. They all go to zero when measured in BTC

    • @serhiybakhshyyan10
      @serhiybakhshyyan10 วันที่ผ่านมา +4

      Agree 100%

    • @iaretehleet
      @iaretehleet วันที่ผ่านมา +7

      This. It is a shitcoin

    • @nakatash1977
      @nakatash1977 วันที่ผ่านมา +3

      @@iaretehleet It's not a shitcoin. It's a utility token. It's comparable to oil. It has some value but its main purpose is utility. It's price should be a race to zero as the Ethereum network improves and scales.
      That's my best-case scenario for ETH.
      Worst case is it goes to zero against the USD too.

    • @apolovzla_ccs
      @apolovzla_ccs วันที่ผ่านมา

      ​@@iaretehleetif it is a "shitcoin" why you guys use tokens like USDT built on a shitcoin to protect your money when BTC drops? you should have USDT on Bitcoin smart contracts... right?

    • @davycrockett8886
      @davycrockett8886 วันที่ผ่านมา

      The problem with Bitcoin is that it's mining is killing it.

  • @4runna93
    @4runna93 2 วันที่ผ่านมา +4

    The ETH/BTC pair won’t be going much lower from here, it’s already good enough to start trading BTC or pumping USD into Eth right now. Trying to target the exact bottom will make you lose easy opportunities.

  • @n0w0n70
    @n0w0n70 2 วันที่ผ่านมา +11

    You should be clearer ETH/USD could still go higher even if ETH goes home if BTC/USD goes way higher. If it didn't drop below the top of the support band during the 2022/2023 bear market why would go below now (unless there is a black swan event)? You have been right alot maybe it's time to be wrong?

    • @ITC_Admin
      @ITC_Admin 2 วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

    • @intothecryptoverse
      @intothecryptoverse  วันที่ผ่านมา +11

      It could be time for me to be wrong, but I will still express my opinion.

    • @davycrockett8886
      @davycrockett8886 วันที่ผ่านมา +2

      ETH is such a value buy now. Utility does matter, unless you enjoy living in a cloud cuckoo land.

    • @n0w0n70
      @n0w0n70 วันที่ผ่านมา +2

      @@intothecryptoverse ETH did not go below the top of the Logarithmic trend line during the 2022/2023 bear market even with all the black swan events at today's price would be about 2k and if it goes down another 20% (to the -70% range) from today's price it would be at the 2 k range. This would be the most likely worst case bear market range (excluding any crazy black swan events). Last question does your wife get mad when your right so much?

    • @eponaepona
      @eponaepona วันที่ผ่านมา

      @@n0w0n70 🤣🤣🤣

  • @mastershoe5162
    @mastershoe5162 วันที่ผ่านมา +2

    As long as it pops back up.. i am cool. Because dropping home by December.. it would have 6 months to move back above. To a higher level. Please oh please move back above.

  • @etherc3446
    @etherc3446 วันที่ผ่านมา +9

    If ETH goes home...will back up the truck... if it goes 1500... will sell my kidney 😂

  • @jenningsjennings6378
    @jenningsjennings6378 2 ชั่วโมงที่ผ่านมา

    Hi Ben enjoy your videos. If you are right and ETH is due for one big further pullback would that be mirrored in further falls for most altcoins?

  • @starfieldofenhesse
    @starfieldofenhesse วันที่ผ่านมา +3

    Excellent arguments; unfortunately, I see it the same way Ben does.
    But: There's a reason Buffett is sitting on a record pile of cash, why the Buffett Indicator is at an all-time high, and why the market P/E ratio is also elevated. The historic stock market crash in Q1 (maybe January 2025) will shatter all crypto patterns! Why? Because no cryptocurrency has ever experienced a real stock market depression (last ones 2000 and 2008). It will be an unimaginable bloodbath.
    Then, of course, around summer 2025 will be the perfect time to buy. But let’s hope there’s a suitable Bitcoin bull run and a fitting altcoin rally beforehand, so we can take our profits, sit on a pile of cash like Buffett, and watch the downfall of stocks and coins with calm detachment. Personally, I suspect the altcoin rally won’t happen because it will simply come too late. The stock market crash, the first such event in crypto history, will slice through it like a hot knife through butter. Now let us pray.

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

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  • @ericjackson6446
    @ericjackson6446 วันที่ผ่านมา

    23:22 Hi Ben,Ethereum dropping 70% from its 2024 peak in the fourth quarter, ETH/BTC bottoming at 0.03, and Bitcoin breaking through its previous high. These three events cannot happen simultaneously. Additionally, there is another reason why Ethereum cannot drop to 1500 in the fourth quarter: the relative position between the current bull market support band and the regression line is higher than in 2016 and 2019, since its well above the regression line, making it unlikely to experience the 70% drop you mentioned.

  • @MonKeyTreZor
    @MonKeyTreZor วันที่ผ่านมา +3

    What if you were right but instead ETH HOME Q4 2024 it would be ETH HOME Q4 2025. The slope would make sense, right?
    Thank you very much for your analyses, you are great!

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

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  • @Tardersss
    @Tardersss วันที่ผ่านมา +2

    If $80, $100, $120, $150 were the bottoms of last cycle, high was $4800. That means this cycle lows would be $800, $1000, $1200, $1500, (10x) hight would be $48k ? If 48k is the high for this cycle, lows for next cycle(2028-30) be $8000, $10000, $12000, $15000? That’s still significantly higher than the current price.
    I might not be counting diminishing return but you get my idea !

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

    • @trousersnake81
      @trousersnake81 16 ชั่วโมงที่ผ่านมา

      diminishing returns, I think, suggest a 0.618 multiple of returns. So if 60x was the previous, 36x at most. But, given that BTC tends to be a 0.236 multiple, about 13x. If eth hit the bottom of the band here, that would be 1k, so 13k out. I'm not betting on any of this though, just hedging. My guess is we're close enough to the eth bottom to make big purchases with low risk, and the top will be very moderate, sub-10k

  • @robertblack4262
    @robertblack4262 วันที่ผ่านมา +1

    You might be right, but I still don't think we'll see Eth go that low this time. Last time there wasn't enough htf price action. This time it has the monthly and 2-week cloud structure directing it, and we're much further along in the cycle. Besides everyone is waiting for it this time too. November is going to be interesting that's for sure.

  • @legenuspl4906
    @legenuspl4906 13 ชั่วโมงที่ผ่านมา

    very humble aproach, thanks for sharing your views!

  • @Miauwknor
    @Miauwknor วันที่ผ่านมา +30

    Your basicly saying the bullmarket is over... for this to happen btc also needs to back to around $40k...

    • @briankuhn7396
      @briankuhn7396 วันที่ผ่านมา +3

      I think Ben is just calling for an ETH retracement. IMO we will start seeing blow off tops after that.

    • @andreas956
      @andreas956 วันที่ผ่านมา +2

      What on earth are you on about? where is he saying the bull market would be over? Just talking about ETH retracement which is normal.

    • @troybabz
      @troybabz 6 ชั่วโมงที่ผ่านมา

      A 40k BTC wick is plausible, the market often likes a nasty shakeout before the real move up begins.

  • @epicpwn1897
    @epicpwn1897 วันที่ผ่านมา +1

    ben, could you start adjusting your charts for inflation?

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @lanar23
    @lanar23 2 วันที่ผ่านมา +4

    I hope it won't happen, eth didnt touch the regression line yet this cycle

  • @nayeriarah
    @nayeriarah วันที่ผ่านมา +1

    Ben, for your premium membership, do you give indications on when you buy or sell your portfolio assets in real time?

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      Just a suggestion: sign-up for the *ITC Premium Pro plan* for a month-experience it for yourself-see if it’s right for you, has what you’re looking for, or even exceeds your expectations… you can always cancel anytime or switch to the Standard plan if it’s more suited to your needs.
      Here’s a link to the breakdown of the different plans/tiers: help.intothecryptoverse.com/support/solutions/articles/69000833996-what-charts-tools-are-offered-in-each-tier

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @Tieshoes
    @Tieshoes วันที่ผ่านมา +3

    Anyone know what indicator that is and by who its made?

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, *Charts & Indicators,* Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

    • @Tieshoes
      @Tieshoes วันที่ผ่านมา +3

      Found it: ITC Ethereum Logarithmic Regression Band by bjcowen

  • @MAHMED-iST
    @MAHMED-iST ชั่วโมงที่ผ่านมา

    100% agreed . Thanks.

  • @Alex-ed6bs
    @Alex-ed6bs 2 วันที่ผ่านมา +4

    Currently, it looks like the Global Liquidity and the FED Balance are still going down.
    Is there any chance of another rally of both Bitcoin and Altcoins without QE?

    • @ITC_Admin
      @ITC_Admin 2 วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @dmtuan
    @dmtuan วันที่ผ่านมา +2

    Solid points.

  • @rafatjk
    @rafatjk วันที่ผ่านมา +2

    Bro your analysis are awesome and really helpful but the only thing concerning me and not making me jump on the dominance train completely is that there are some exceptions like SOL and its ecosystem, I'm following you on one of my biggest wallets and its doing great. But still on my main wallet I've some SOL and some of its ecosystem tokens and with some care they're saving my wallet, so what's your take on that I would love to hear your opinion.

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @grisdoteth
    @grisdoteth 2 วันที่ผ่านมา +3

    Thank u so much

  • @menzo_eth
    @menzo_eth 20 ชั่วโมงที่ผ่านมา

    Agree Totally worth consider this scenario

  • @jeremywolfsteller3218
    @jeremywolfsteller3218 วันที่ผ่านมา +4

    Not factoring in this time is different with ETH ETFs

    • @nileppezdel1000
      @nileppezdel1000 วันที่ผ่านมา +2

      not factoring that in 2020 we printed trillions of dollars and handed it out to all people. We had 0% interest rate on monitery policy in US and negative interest rates in Japan

  • @DOOBERtv
    @DOOBERtv วันที่ผ่านมา +3

    These thumbnails are great Ben!

  • @chrismartin3830
    @chrismartin3830 วันที่ผ่านมา

    Cheers Ben for all if your thoughts on the Cryptoverse, forever Grateful to have found your U Tube Channel😀

  • @musamithi
    @musamithi 2 วันที่ผ่านมา +1

    Yes BTC pairs would definitly would be playing out. That doesn't mean price of Alts in USDT pairs will dump. It could happen that only BTC pumps like whats happening now and the alts either don't move or come down slightly.

  • @rk092
    @rk092 วันที่ผ่านมา +9

    Way too many people are bullish right now and that is kind of scaring me out ngl

    • @hetman3196
      @hetman3196 วันที่ผ่านมา +1

      Im betting against the crowd … there will be one more big crash before we fly

    • @eponaepona
      @eponaepona วันที่ผ่านมา

      @@hetman3196 at least one.

  • @Lukeluke821
    @Lukeluke821 วันที่ผ่านมา +1

    does this affect to all altcoins, the complete crypte market? we are in halving year, elctions ,rate cuts.. really interresting video!!

    • @ITC_Admin
      @ITC_Admin 19 ชั่วโมงที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @sebastianm.6669
    @sebastianm.6669 วันที่ผ่านมา

    thank you for talking a lot about ETH/USD in this video,
    as someone who's looking to DCA into good ALT/USD entries, this information is worth pure gold,
    team cowen every day n' every night 🕺
    I'd put more value on ETH/BTC, if the taxation rules in germany were different, here it makes sense to hold a coin at least for one year, then you can sell tax free.
    So buying BTC until ETH/BTC bottoms out is not really an option for me anymore if I want to avoid taxation headaches

  • @bobbykolachi3185
    @bobbykolachi3185 วันที่ผ่านมา

    The best analysis by far. Good or bad , can’t say how much I appreciate your opinions!

  • @philodev874
    @philodev874 วันที่ผ่านมา

    Perfect Ben. Will get back in after your price target

  • @nutribass
    @nutribass 2 วันที่ผ่านมา +1

    I really like your videos and analysis. I have kuddos that you are right with ETH going home so I can load my bags. Keep the good work and thanks!

    • @mmredfs361
      @mmredfs361 2 วันที่ผ่านมา +1

      A smarter option would be to dca now, and increase how quickly you dca as price drops imo

    • @nutribass
      @nutribass วันที่ผ่านมา

      @@mmredfs361 thats a good strategy indeed, I will do with my paychecks, but I just sold all my eth to buy again in the dip.

  • @LautaroCline
    @LautaroCline วันที่ผ่านมา

    IMO, Ben has the best and most honest TA viewpoints on the market, and Crypto ... keep being Dubious !!!!!

  • @سبحاناللهوبحمده-م7م
    @سبحاناللهوبحمده-م7م วันที่ผ่านมา

    شكرا استاذ

  • @TakiDal
    @TakiDal วันที่ผ่านมา

    THANK you for doing this and give us more insight, im more carefull now with ETH

  • @alberto-qq4ql
    @alberto-qq4ql วันที่ผ่านมา +1

    He explained in another video the possibility of a soft landing in Q4 if BTC follows the monetary policy way where Btc could get to 42K so it makes sense that ETH could go to 1100$

  • @44YGM
    @44YGM วันที่ผ่านมา +1

    Hey Ben! Thank you for information and for the videos. Can you talk about OTHER and Altcoins? When are you starting to invest in some altcoins and when do you think they will outperform BTC?

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @aurinator
    @aurinator 2 วันที่ผ่านมา +1

    This is some good analysis IMO, pointing out the similarities in time periods, similarities I did not notice beforehand.

  • @Richardkowalski60
    @Richardkowalski60 วันที่ผ่านมา

    Ben - Great informative video.
    Took me 2 years to understand the whole 60% Bitcoin dominance, but it is all falling into place. 😊

  • @nikolaospapadopoulos2102
    @nikolaospapadopoulos2102 วันที่ผ่านมา

    Thank you Ben

  • @svidetel_bitcoina
    @svidetel_bitcoina วันที่ผ่านมา

    Wow, man that's unbelievable. In 2016 there was a double top on EthUsd W1 and then Eth created a lower wick on Mon 01 Aug '16 and then started to go dow below that wick. This time there was also a double top then Eth created a lower wick on Mon 05 Aug '24 and now it's chasing that wick 🤯

  • @HurrikaneWatch-mt9co
    @HurrikaneWatch-mt9co 2 วันที่ผ่านมา +1

    Ben I'd love to see a video on MSTR! I remember when you had him on the channel back in the day

  • @respect2mattie
    @respect2mattie 2 วันที่ผ่านมา +20

    How can people stil not understand the difference between ETH/BTC and ETH/USD? How much explanation do you need? Unbelievable. Good video again Ben!

    • @Robbie83440
      @Robbie83440 2 วันที่ผ่านมา +3

      I understand that it will bottom and ETH will start to outperform BTC. Then you use those gains to get more BTC…. Am I wrong?

    • @gamer24820
      @gamer24820 วันที่ผ่านมา

      @@Robbie83440yes i believe this is right! you’ll be able to buy more btc with your eth if eth/btc goes up from its bottom. in theory when you buy this ‘more btc’ btc would be at a higher price so you’ll do well in usd valuation too

    • @davycrockett8886
      @davycrockett8886 วันที่ผ่านมา

      Saylor loves to leverage. I think Ethereum is less leveraged than Bitcoin at the moment.

  • @hawkeire2414
    @hawkeire2414 2 วันที่ผ่านมา +1

    In Crypto years, Only a black swan at this point would see ETH go home to 1000k If ETH goes to home, Also everything else will incl BTC therefore end of bull run.

    • @zhye5588
      @zhye5588 วันที่ผ่านมา

      End?

  • @pieterslebos
    @pieterslebos วันที่ผ่านมา

    Thanks ben great viewpoint. I was looking at a bearflag on eth target around 1600. it aligns perfect with yours. interesting

  • @sebastianm.6669
    @sebastianm.6669 19 ชั่วโมงที่ผ่านมา +1

    I'd really appreciate your opinion about how crypto might perform during its first recession,
    because there are some claiming that it would mean the end of the bull run and the start of the next bear market.

    • @ITC_Admin
      @ITC_Admin 19 ชั่วโมงที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

    • @bluefish8143
      @bluefish8143 12 ชั่วโมงที่ผ่านมา

      The whole world is in recession since 2022, they just cooking the books

  • @derick7189
    @derick7189 วันที่ผ่านมา

    Thanks Ben, well seems like another milestone...to be honest...just impact full as the BTC.D one.

  • @pitwayable
    @pitwayable วันที่ผ่านมา

    Eth/btc is at 0.035 and btc.d is 60% ... it doesn't make sense to go bearish on Eth betting on a further short term dump... it may or may not happen ... you may miss the upside if ETH just started to pump from here to 0.08 next year which makes buying at 0.035 or 0.03 a mute point... the correct strategy is start buying eth and converting your BTCs to ETH now.

  • @DotNetRussell
    @DotNetRussell 21 ชั่วโมงที่ผ่านมา

    The double top in 2016 broke down and hit the measured target which happened to correlate to the bottom of the regression channel. However the 2024 double top has already played out. It already hit its target at ~2k. Maybe it revisits 2k again prior to pumping, totally possible but that seems like the bottom

  • @小林儿-h9y
    @小林儿-h9y 2 วันที่ผ่านมา +6

    Hello ben. Why is there no subtitles in this video?

    • @ITC_Admin
      @ITC_Admin 2 วันที่ผ่านมา +2

      Note: subtitles are auto-generated by TH-cam and can take a few hours to render-please try back later👍
      Go to: *Settings > Captions > Auto-translate* and if your language isn’t listed then request it from TH-cam. Ben doesn’t determine the various subtitle translations-TH-cam does✔️

  • @pieterslebos
    @pieterslebos วันที่ผ่านมา +1

    if i may give u one tip stop comparing it to what people say just present your view it makes the video less good. also the proving you are right is pointless everyone is right and wrong just keep it on the analyses. personally i think its a great analyses and think that lots of people are brainwashed by the youtubers already presenting the bull market. they dont wanna believe you even if it is true.

  • @SuperWoolyWooly
    @SuperWoolyWooly 23 ชั่วโมงที่ผ่านมา +1

    what is the name of the indicator of the regression band?? Thanks Ben for great content

    • @ITC_Admin
      @ITC_Admin 19 ชั่วโมงที่ผ่านมา

      It’s posted on the ITC X acct👉 x.com/itc_crypto/status/1853147708183441917 👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything (AMA)* Livestream✔️Premium Videos, *Charts & Indicators,* Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @Enhancedlies
    @Enhancedlies วันที่ผ่านมา +1

    ive just left my eth in cold, should i just sell up and go all BTC?

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @davidatclemson
    @davidatclemson 2 วันที่ผ่านมา +14

    This might be the one prediction no one cares to ostracize you....because most of us have moved on from ETH....

    • @jiikoo9947
      @jiikoo9947 2 วันที่ผ่านมา +6

      Its not just about ETH, alts will most likely follow ETH.

    • @intothecryptoverse
      @intothecryptoverse  วันที่ผ่านมา +4

      OTHERS/BTC and TOTAL3/BTC are putting in new cycle lows. Keep pretending like they are not though, I'm sure that will work out.

    • @davycrockett8886
      @davycrockett8886 วันที่ผ่านมา

      Don't sleep on ETH. Bitcoin is not on-chain crypto.

    • @ZelunZhang
      @ZelunZhang วันที่ผ่านมา

      Bottom signal

  • @albertlopez3750
    @albertlopez3750 2 วันที่ผ่านมา +4

    As we stand here today we patiently await the beauty of mathematics 52 🤓

  • @AdrianZeeee
    @AdrianZeeee 18 ชั่วโมงที่ผ่านมา

    ETH/USD is at monthly support, and being bid. ETH/BTC is approaching a macro demand zone. If you are betting on a 60% ETH/USD drop at this point, you are offside. Ben could be right, but this is a very speculative and dangerous idea.

    • @intothecryptoverse
      @intothecryptoverse  16 ชั่วโมงที่ผ่านมา

      I put this idea out in March when ETH was $4k. You cannot wait until now and pretend like I'm only just now presenting it.

  • @chancethelifestyle
    @chancethelifestyle วันที่ผ่านมา

    You are right sir , well done !

  • @slingshot5104
    @slingshot5104 วันที่ผ่านมา

    Ben you make the best videos. Please keep it like that.

  • @matthiasschmid8716
    @matthiasschmid8716 วันที่ผ่านมา +1

    if the bottom for eth/btc is already in and eth drops to 1,5k.. this means that btc must drop even lower percentage-wise.. am I right?

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @asadamin9639
    @asadamin9639 วันที่ผ่านมา

    Finally he's started to talk about eth/USDT

  • @TrueNarrative-n9r
    @TrueNarrative-n9r วันที่ผ่านมา +1

    Maybe we should w8 another 4 years to have a bull run for alts

  • @MadWaloo
    @MadWaloo วันที่ผ่านมา

    Love the ETH 10x cycle to cycle comparison.

  • @sebastianm.6669
    @sebastianm.6669 วันที่ผ่านมา

    Thank you so much once again!
    The best Crypto-Channel of all TH-cam

  • @lou1.618
    @lou1.618 2 วันที่ผ่านมา

    GREAT WORK!!!
    Please keep us updated!!!
    SPOT ON!!!

  • @taldor3972
    @taldor3972 วันที่ผ่านมา

    You are a genius! I admire you!
    I hold the same thesis for months and I have came to this coclusion using the Elliot Wave analysis.

  • @coveringcambria
    @coveringcambria วันที่ผ่านมา

    Thank you

  • @frankmal8085
    @frankmal8085 2 วันที่ผ่านมา

    Thanks for the insight, what you say makes a lot of sense.

  • @chatanpatel5853
    @chatanpatel5853 วันที่ผ่านมา +1

    Ben converted my link and eth into BTC hope I made the right as they haven’t performed Walstreet is here thanks Ben

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, *Risk Dashboard* and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @Mackeykevin
    @Mackeykevin วันที่ผ่านมา

    Love these ideas, thank you

  • @gcc849
    @gcc849 วันที่ผ่านมา

    As an observer of facts and not narrative, I THANK YOU Ben👍

  • @williamxchau
    @williamxchau วันที่ผ่านมา

    I like this! I damn well hope you are wrong Ben, but at least you got the balls and have an opinion, not just saying stuff that can work either way like many other TH-camrs. Respect!

  • @userhdbfdfjkhfdhf
    @userhdbfdfjkhfdhf 2 วันที่ผ่านมา +4

    In short, just wait until it drops lower before getting in eth, right?

    • @ITC_Admin
      @ITC_Admin 2 วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

    • @Cernufi
      @Cernufi วันที่ผ่านมา

      No

    • @userhdbfdfjkhfdhf
      @userhdbfdfjkhfdhf 14 ชั่วโมงที่ผ่านมา +1

      @@Cernufi So what exactly should people do according to this clip?

    • @Cernufi
      @Cernufi 12 ชั่วโมงที่ผ่านมา

      @userhdbfdfjkhfdhf his advice has been to measure your portfolio by its satoshi value instead of its USD value. Although his base case is for ETH to go home, he doesnt have the same conviction in this prediction as he did in BTC.d going over 60% and ETH/BTC dropping to 0.03-0.04. So his advice has been to stay BTC heavy and maybe now start hedging by converting some BTC to ETH, now that ETH/BTC has dropped into the 0.03- 0.04 range.
      He even says in this video, it's very high risk to sell into USD in the hope ETH goes home, when it very well may not.
      TLDR, don't sell and hope but maybe start converting some of your BTC to ETH if your risk tolerance allows for it

  • @OBSiDIANWHALE
    @OBSiDIANWHALE 22 ชั่วโมงที่ผ่านมา

    THANKS! YOU VERY SMART!

  • @chatanpatel5853
    @chatanpatel5853 วันที่ผ่านมา

    Ben’s hard work make all the sense and let others make there own decisions on memes and altcoins

  • @b.runnels9106
    @b.runnels9106 วันที่ผ่านมา +1

    Can you do sol?

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @nicoloomer6772
    @nicoloomer6772 วันที่ผ่านมา

    Not negligible at all. I agree it feels like eth needs to go home once more before it can go into any new territory

  • @sumanmondal8819
    @sumanmondal8819 2 วันที่ผ่านมา +3

    Bro you kill!ng me everyday 😢

  • @dalva72
    @dalva72 15 ชั่วโมงที่ผ่านมา

    Preach!

  • @Barbarossa7
    @Barbarossa7 2 วันที่ผ่านมา +3

    Hello Benjamin, I think you forgot to add the text and subtitles. We would be very happy if you could fix this mistake.

    • @ITC_Admin
      @ITC_Admin 2 วันที่ผ่านมา +2

      Note: subtitles are auto-generated by TH-cam and can take a few hours to render-please try back later👍
      Go to: *Settings > Captions > Auto-translate* and if your language isn’t listed then request it from TH-cam. Ben doesn’t determine the various subtitle translations-TH-cam does✔️

    • @Barbarossa7
      @Barbarossa7 2 วันที่ผ่านมา +2

      @@ITC_Admin muchas gracıas

  • @geoffn1530
    @geoffn1530 2 วันที่ผ่านมา +6

    I want to buy ETH at 2k or less

    • @mattmaloney2445
      @mattmaloney2445 2 วันที่ผ่านมา +4

      eth's value against btc is what matters. This is Ben's point. Good luck.

    • @AdiNeag
      @AdiNeag 2 วันที่ผ่านมา

      ​@mattmaloney2445 when the only thing you got is usd, it's value against btc does not matter

    • @hawkeire2414
      @hawkeire2414 2 วันที่ผ่านมา +2

      why didnt you buy it when it was already under 2k?

    • @geoffn1530
      @geoffn1530 วันที่ผ่านมา +1

      @ I did not have the funds at the time. I want a whole ETH

    • @mikehuynh9016
      @mikehuynh9016 วันที่ผ่านมา

      @@mattmaloney2445 btc can sky rocket and eth stays as is and would still meet crtieria

  • @tpndtbk
    @tpndtbk วันที่ผ่านมา +4

    What is the price of eth home?

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

    • @alwaysmovingforward212
      @alwaysmovingforward212 วันที่ผ่านมา +4

      On ETH's house the front door is at $1800, the back door is $1000

  • @MurogaHyoma
    @MurogaHyoma 2 วันที่ผ่านมา

    Thx a lot Gandalf of The Cryptoverse.

  • @schumanhuman
    @schumanhuman วันที่ผ่านมา +1

    Why claim the $ is going to zero? A $ is always worth a $ and always retains value as long as the economy is productive and he government has the ability to tax. The fact it is almost always inflationary does not contradict this.

    • @zhye5588
      @zhye5588 วันที่ผ่านมา +1

      It prolly was an overstatement.

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @islamhaddad3729
    @islamhaddad3729 วันที่ผ่านมา +1

    ben, don't you think every case has a coincidence, for example eth got hacked in 2016 and in 2019 the covid fear started launching in q4 2019

    • @ITC_Admin
      @ITC_Admin วันที่ผ่านมา

      👁‍🗨Check out the *ITC Premium Pro* plan: Get access to👉Ben’s Weekly *Ask Me Anything(AMA)* Livestream✔️Premium Videos, Charts & Indicators, Risk Dashboard and more! Watch an ITC Premium preview on the ITC website: *see Ben’s pinned message* #DYOR #MakeYourOwnConclusions🤔

  • @vincentmoreta3061
    @vincentmoreta3061 2 วันที่ผ่านมา

    Timely video Ben, I started losing the conviction in ETH/BTC bouncing, but you have made it make sense for me and I will hang in there ... Hoping for a big 2025 bounce. Thanks for your insights.