The Milk Road Show

Where Are Bitcoin & Ethereum Heading? Technical Breakdown, Price Targets & Strategy w/ Chart Guys

18 snips
Sep 1, 2025
Guest
Dan McDermott
Dan McDermott, co-founder of The Chart Guys, offers keen insights on the future of Bitcoin and Ethereum. He discusses the possibility of a blow-off top or a market crash, contemplating whether Bitcoin could soar to $150K or drop below $95K. The conversation highlights Ethereum's evolving narrative and the importance of flexible trading strategies during market volatility. McDermott also explains the golden cross pattern as a crucial trading indicator, emphasizing the significance of documented strategies for safe trading.
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ADVICE

Write A Written Trading Game Plan

  • Write down a clear game plan for entries, exits, and contingencies before markets move.
  • Keep that plan next to your screen and follow it to avoid emotional snap decisions.
INSIGHT

Higher Lows Preserve Uptrends

  • Monthly higher lows maintain a long-term uptrend and allow healthy consolidations.
  • A blow-off top requires extended euphoria and a decisive new leg up to signal a cycle peak.
ADVICE

Scale Out, Don’t Try To Nail Tops

  • Scale out of positions in chunks instead of trying to nail a top.
  • Sell partials at multiple price targets to lock profits and reduce tail-risk.
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