Moonbags Markets
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This channel is for my own personal thoughts only. Not financial advice. I take no responsibility for anyone's losses or gains. This channel will be forever free and I take no donations. Thank you. https://twitter.com/lordmoonbags
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1 401
Still think 2nd scenario is possible and have upgraded it to more likely than before
3rd scenario also not ruled out
These are intermediate term views
Still think:
1) Q4 2024 - Early Q1 2025 pump is likely
2) Bear Late Q1 2025 - Late Q1 2026
3) Giga bull after Late Q1 2026
4) 2026 Bull will be the greatest one of our lifetimes
1 401
Its the weekend and they love to paint charts
But they painted quite a dire one
1 401
Gold and Silver nuked yesterday as well as DXY full sent
Think this can easily translate over to crypto
1 401
Market overview:
Short term, market was overheated and too much rise was caused by perps longing. Spot had some bidding as well but there were times where the demand flattened out and begun selling off. Today we had a good combo of bother perp and spot selling but more of it from perps. Price went down into spot demand which was around 68.5k and now recovered to about 69.4k.
Alts were almost buoyed by perps and spot demand has been weak. Eth came all the way back down to under 3600, Sol retested below 159.
Looks pretty healthy to me.
So in summary:
Btc above 2021 high
Sol above 159 key level
Eth still in a range above 3550
All good for now
