is this the end of the ski Mass dog rally is what I've been hearing for the past 48 to 60 hours from an outside perspective of the overall Market sentiment there's been a lot of fears that the Bull Run is suddenly over but is it really over currently ski mask is trading at roughly 27 cents with a market cap of $270 million we're seeing ski Mass dog cool off a little bit with a pretty steep drop right here back almost to $200 million market cap but as we're zooming out of the chart we can see ski has been up tremendously if you were able to buy in right as the election started we can simulate a return to today's price of 27 cents of almost a 14,000 per gain and if you were able to cut your position all the way at the top of around $360 million market cap you were able to lock in almost a 18,000 per gain on your initial investment so clearly ski has had one heck of a run and I believe it still has a lot more room for growth but we'll talk about exactly what I think will happen with ski a little bit later in the video looking at the overall cryptocurrency Market we can see the market is up just over 1. 6% with a global market cap of $3. 45 trillion we can see Bitcoin still hovering around that $997,000 Mark and ethereum has lost that $4,000 resistance and it's dropped down down to about $36 $33,700 now going back we can take a look at the overall market cap and in the past couple of days exactly 48 to 60 hours we've seen a shift from a high of 3.
71 trillion to a low of almost $3. 3 trillion so this is obviously a huge move to go down from 3. 7 to about 3.
3 trillion now we're back at 3. 46 and looking at bitcoin's Price especially we've seen it a a little bit shaky ever since it hit $100,000 at a peak of about 103 600 we saw a immediate dip right after that to about 96 this is the first signal that I saw a lot of people start to kind of panic and say that 100,000 was the absolute top but this was kind of to be expected in my eyes because $100,000 is obviously a clear Mark that people have been looking for for a couple of years now so there was obviously some takeprofit zones right there a big portion I would say of investors took profit at $100,000 but then over here we've seen another drop to bitcoin at around 94,000 now here's the thing first we need to understand how money flows in the crypto market and what happens at the beginning in the middle and at the end of the bull run as well as all the minor and major things to look out for when looking from start to finish of a complete crypto cycle obviously timing in the market Market is near impossible to the exact second because let me tell you that there are a lot of key indicators and ways to prevent yourself from losing out on money because maximizing your returns in the cryptocurrency industry is tough but it is surely possible with the right strategies and mindset now I'll touch up on this in just a second but here I wanted to show you the Bitcoin rainbow chart which has showed a rainbow kind of forecast from the beginning of Bitcoin to about where we're at right now so whether this is your first bull run right here or whether it's your second Bull Run and you got in around 2019 to 2021 or maybe you even got in from the beginning I'm sure there's something on your mind that you've been wanting to figure out and master but haven't been able to do so and let me tell you I have an opportunity for all of you watching this video that will help you learn more about these cycles and help prevent any unneeded losses that you have experience through any crypto Cycles so Kaizen is the number one crypto trading community in the entire world it's led by Brian Jung and a lot of professional and experienced analysts Kaizen is not currently open for new members as we've gotten a lot of new members join Kaizen but Brian and I have talked and he's given me the opportunity to let all of you guys watching this video skip the wait list and get instant access into this community if you use the link in the description of this video so if you're looking toar learn from experience analysts Brian himself and take input from anyone including myself in the community make sure you join now and when you join make sure to ping me and say hello now going back to this chart right here we can see that the overall crypto money flows starts from the main cryptocurrency itself Bitcoin this is when we see Bitcoin dominance taking new all-time highs so when we go back to coin Market cap. com the current bitcoin dominance is at 55.
7% and in the past 30 days it's been fluctuating from a low of 53. 9 to a high of 60. 1% which was the yearly high now going back when we see the Bitcoin cycle finish we see money flowing into ethereum now the correction that we're seeing right now could possibly be an indicator that money is ready to get flowing from Bitcoin to ethereum and this is a time when ethereum starts to outperform bitcoin on a day-to-day basis a weekly basis and a monthly basis sometime during the cycle you'll start to hear from a decent amount of people that ethereum will eventually overtake Bitcoin as the number one cryptocurrency because of its rapid growth and this is a good indicator that ethereum is ready to flow out with its capital and hit the large caps some of the large caps I have listed on here are BNB Solana xrp and some other potential large caps that I believe will have significant impacts within this bull run which are cardano Avalanche and chain link these coins will end up pumping even even more than ethereum and even more than Bitcoin in my opinion for this bull run but after this cycle is over the last part of the crypto cycle starts and that is all the money starts to flow into altcoins with altcoins these come meme coins such as shibba Inu Dogecoin floky Pepe Brett popcat and of course ski Mass dog but also we'll see projects like alaran Aerodrome Finance Caspa xdc and a lot of other plays Will see 20 30% daily gains and this is a signal to start taking profits and making sure you have a proper strategy within the cycle so understanding this is very very important when trying to maximize your returns within the crypto Market but let me briefly kind of highlight why we're seeing this bitcoin price suddenly drop because many people are waiting for Bitcoin to hit 150,000 200,000 250,000 or even some people are looking at 500,000 now I think some of these numbers being thrown around are a little bit Out Of Reach especially for this bull run I don't think it's going to be a super cycle like many people claim but I do think Bitcoin has the potential to continue a leg up probably up to the Zone where we'll see a Bitcoin at between a $150,000 and $125,000 Bitcoin I think this is a big possibility Bitcoin can enter the Zone but once again we're seeing a mild correction right now within the markets and I want to explain that this is something you shouldn't be worried about because when we zoom out to the alltime Bitcoin charts we'll see a lot of these dips happen connecting it all the way back to 2017 you can see a couple red candles here and there but 2021 really sticks out because it has kind of a double Peak when we're looking at this we can see that Bitcoin pumped from about under $10,000 to $40,000 a near 4X and dropped back to about $28,000 this was the kind of first major we saw last Bull Run so looking at a 20 to 30 25% loss right then and there and we not only see that happen once we see that happen twice three four and five times within that first leg and that's not the last time we saw red because we saw red here and here within that second leg because Bitcoin topped here at around $65,000 dropped back down all the way below 30% so I want to highlight that that Peak and that bottom went all the way down almost 60% drop within the matter of four or five months and then Bitcoin started to continue to climb for its second leg where it hit an all-time high of about $69,000 so these correction and these mild swings do happen and that's possibly what we're looking at right now and I believe that this is simply just another great opportunity to dollar cost average because even when the market fell down when we're looking at the peak of Bitcoin which was the $103,000 and the absolute bottom it's about an 11% move could we go lower absolutely I think we could possibly even go lower it depends on how the market really reacts to this recent drop that we've seen but we've seen drops right after Thanksgiving as well back to around the $90,000 range and this is kind of when the uncertainty started to happen because we've seen little dips but this was kind of the first eye opening dip that made people aware that maybe we should be taking some profits here and I think that's why they were waiting for that $100,000 to suddenly cash out now I want to connect this back to ski ass dog because when we look back at the chart and zooming in to about a one Monon chart I want to say that I've never seen a meme coin that has held up this well during a time like this I truly think something big is coming with this project and we at Kaizen are always monitoring This truly this project has held up super well for the past month that had seen immens gains we've seen a couple dips happen here and even other minor spots like here and now that we're seeing another dip from about the $360 million market cap to almost we saw that drop about $160 million fluctuation now I think people when they saw that they were expecting ski Mass to plummet all the way back down to about 100 to 150 million but that simply didn't happen this is the strongest Community I've ever seen like I said and I think that there's only more to come because what also helps ski Mas dog is that it's on the base chain now the base chain when we take a look at that this chain currently and the top base meme coins by market cap is valued at just under $3.
2 billion now let me show you guys something here that you might be a little bit shocked at when we search up dog with hat this market cap is currently at $ 2. 86 billion when we pull up the one month chart and we filter it by market cap we can see that whiff just a couple days ago was valued at about $3.