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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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1 396
Repost from Whales Crypto Guide
US senate is proposing 1% wealth tax on crypto holdings above $500K.
1 396
And there it is
They're beginning to squeeze longs
Perfect MtGox news timing
Every. Single. Time.
1 396
Repost from Wu Blockchain News
According to Reddit, some MtGox creditors said that the official website form has been updated recently, including the expected number of tokens to be withdrawn (BTC BCH Yen) and the payment status. It is expected that Mt Gox will distribute its holdings of 142,000 BTC, 143,000 BCH and 69 billion yen to creditors before October 31, 2024. — link
1 396
If you understand the implications of what is going on, you would be buying the fuck out of crypto
1 396
OPEX and the carnage last night
Betting the books are a mess right now in wall street
1 396
As expected, gold has reversed the overnight move completely. Might be the top if macro and geopolitical fears subside.
1 396
On a weekly time frame we are weakening but since the Spot ETF launched, this indicator may start failing more often. The game has changed and it's not cringe to call a spade a spade.
On a daily time frame, it is ready for a major bounce.
Last time, following the daily paid better dividends so I will continue following it until it stops working.
1 396
Too early to celebrate yet but that had potential to be the bottom, it checks alot of boxes.
Would have liked a deeper correction into 50k area but spot demand is seemingly arriving.
Market is clearly emotional from all the swings and that is typical of a chopping zone. Lots of misleading narratives in macro and geopolitics.
Think if SPX continues down, BTC will as well.
60k BTC and 5000 SPX seem like strong supports for the time being. Watch out for any decisive breaks which can change the story ofc.
