- Strategy has acquired 1,895 BTC for ~$180.3 million at ~$95,167
- Binance founder CZ says he advised Kyrgyzstan to adopt Bitcoin & BNB as the initial assets for its National Crypto Reserve. - EToro Group and some of its shareholders are seeking to raise as much as $500 million in btc
This is the BTC 5-day time frame and not much of the analyst mentioning this pattern over the last 2 years as well.
In this correlation, I connect the similarity of price action during the golden crossover on the MACD MA line at the zero level and when the price reached the 55 EMA as the dynamic support.
From this point of view, we are seeing the price always had bounce on previous 2 occasions, giving us an approximately 170% and 80% gain.
I'm expecting the 3rd time to do the same but with less % gain. It confluents with $135k.
#Write2Earn .Actually with the last GDP report, I’m very happy with the outcome of the weak data.
The reason right now is that the FED has no reason again to be in this pace of QT. Otherwise, there will be recession in Q3.
I’m seeing a slowing down in economic policy very soon and Bessent has indicated that the treasury will start the buyback program. This is similar like QE in softer model.
Definitely, the administration is in panic right now.
I hope this week’s unemployment rate dan jobless claim will have a bad result!
As I mentioned, if you’re the BTC holders, you should pray for the chaos in macro level!
A lot of catalyst in the market right now, but I do think that we're going to see the consolidation in the price action much more longer that what I've expected.
I think that market still doesn't believe about current pump either in the risk on asset. The reason is well because of the bad bad geopolitical condition which we are now at the edge of potential war.
Also to note, credit market is broken in the US. The uncertainty about tariff is still becoming the main idea here. A lot of extraction in the market and that's why investors don't believe it.
Psychological think
I see we potentially clear $100k first to attract more buyers which make them think that the price is aiming for the ATH before another drop to $85k - $80k level as the last correction before new ATH. #BTC
I've been shilling this chart for a while and it looks like that it's now in a very good position for another spike higher.
My short term target is for the price to test again the area of $106k which is the base price of the ATH level.
Since the beginning of this correction, I've told you that there is no chance the cycle is over for BTC. And look at it right now, we're just one step closer to the new ATH.
I've tried to warn you when the price was at $48k, instead you were waiting for $30k. Also I've warned you when the price was at $80k, but you also wait for the $50k. Now look at the price and take a moment to reflect on how stupid you are with so much opportunity the market has given you.
In the next 3 months, BTC will be above $120k. Still don't believe me? Good luck staying poor.
It's been a very interesting look at the chart here which there is similarity of current price action with the price action back at the September - October 2024.
The EMAs are also printing similar movement with the 55 EMA in the daily time frame is curving up after managed to move very close to the 200 EMA.
This is showing s that bulls are now starting to win the fight and once they cleared off the prior high (in this case, $89k), there could be s feedback for more upside push.
Watch closely, it could be that it's now the last time you can buy BTC below $100k!
#MastertheMarket This is the trajectory we’re seeing on the worst case scenario, it may or may not happen as well.
First, we must understand that BTC is still the strongest instrument that hasn’t wiped out the entire gain post election. Price of BTC at that time was roughly around $70k.
My guess is that we will be heading lower first to the area of $74k-$70k before bounced harder, this is the worst case scenario.
Forget about on-chain or even your not-so-good technical analysis, market is now reacting irrationally toward the news or statement that come out from Trump’s mouth.
My take is that you must build some cash here after double digit drop occurs.
Remember, fear is not real. Don’t act irrational.. BTC
Scam alert! Have you seen these messages on social media? They are the big scammers. They give you partial access to their wallet where there is some amount and in order to withdraw you will have to deposit some gas fees. And when you will deposit that fees. It will be transferred automatically!
If you see this type of message anywhere, report them immediately!
Wanna crush it in crypto-investing? 🚀 Stick to the 3 D’s:
1️⃣ Diversify: Don’t bet it all on one coin. Spread the risk, spread the gains. 2️⃣ Do your homework: Research everything – from the team to the tech. Hype ain’t facts. 3️⃣ Discipline: Got a plan? Stick to it! No wild moves.
Start practicing with Boom! Start learning investing the smart way – no risk, all gain. @market excuter
1. China has announced that it will rise the deficit in its balance sheet showing us that there will be more QE in China. Of course it's good for short term as it'll add liquidity. But remember, this thing doesn't look resilient in the long run as you know that the real estate market in China is now collapsing and at -80% decline in price.
2. Because of this, US10yr bond is now having an instant rising showing "believe" in the US government performance over the next 10 year. This thing could also lead into 2 scenarios which are as below.
- Scenario 1
If inflation rises faster than bond yields, it'll be good for the equity market as investors will be more into the risk on asset as the equity market will be good as the hedge against inflation.
- Scenario 2
It'll be a problem here if the yield is rising up too fast as it'll be higher opportunity cost for investors to hold equities or other risk on asset.
I personally believe that the inflation might increase faster than the yields in which I also believe that the risk on environment will be maintained for at least the next few months.
But for long run, once again I see that the overall macroeconomic is less resilient right now.
China stimulus plan is also good for the short term liquidity injection but long run, again is not that resilient.
1. SUI hit ATH again. You should start to look at the infrastructure of the SUI as there might be a possible run in its infrastructure as well
2. ETH ecosystem is heating up. The Trump narrative could be the next big thing regarding the tokenization. You should look at several sector such as DEFI and RWA.
3. A lot of OTC trading in BTC which I do believe that it will give another momentum to the market as soon as possible. BTC could reach out the $110k as previous target I mentioned.
4. China is mapping out stimulus package for 2025. As soon as this release, we might see the run and also possible fuel to the BTC rally very soon.
5. Yesterday, we see another extra $1 billion injected to the market. A good thing as the market looks resilient.
I'll throw extra update soon. It's coming into christmas so that I want to give extra service to all of you. Stay tune, a lot of alphas will be given in this channel baby.