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THE MARKET UPDATES
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Bullish
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🇺🇸 White House Economic Advisor Hassett says 3 Fed rate cuts would be "a good start."
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THE MARKET UPDATES
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🚨Liquidation Alert: $10,200,000,000 in shorts will get liquidated if $BTC pumps 10%. Praying for bullish weekly close.
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BITCOIN/GOLD is forming a bullish ascending triangle on the 1M timeframe and has just touched the trendline support >> a potential bottom signal. Meanwhile, GOLD looks overbought and may have already topped out. Market sentiment tells the story: Euphoria for $GOLD Fear for $BTC Every bull market starts with fear and ends with euphoria. In short, Top is not in and BTC parabolic phase hasn’t even started yet.
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"BIG CRASH COMING" FOR $BTC. JUST LIKE IN THE PAST, BEARS WILL BE RIGHT AGAIN.
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Gold monthly RSI at 50-year high. QT will end soon. 2 rate cuts in 2025. US-China trade deal is coming. Crypto sentiment is at extreme fear. This is not the time to be bearish.
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Bitcoin is now the most undervalued against Gold since the FTX crash. Do what you can with this information.
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