Moonbags Markets

Still not a dip in sight for retail money market funds, it's literally up only Last time this started going down we had the post covid bubble

Currently the market is still in chop city Fed meeting this coming Wed may help clear that up They are not going to cut rates yet and recent economic reports are also mixed More dovish guidance from Powell may spark another rally As we know the govt is printing money like crazy right now but there is a fuckton of money on the sidelines waiting for the all clear sign

Do I believe in these targets? Seems insane at this point lol but there is always some narrative that takes over during strong bullish trends that we can't see yet Who knows

A very smart OG trader told me some price targets 👀 BTC: 226k ETH: 16K SOL: 1000

looked close enough for me, almost hit green box cobie wanted 0.045, which is basically where the green box is

Cobie has called eth/btc bottom

ETH relative strength, SOL relative weakness

GBTC outflow is not just from fees, a large number of people bought for the discount to NAV during the run up and they will slowly take profit over months

Market is a simple chop fest with lower volume

looks like we got a bloody red night ahead

Gruesome outflows

FBI warns Americans against using unregistered crypto money transmitting services — link | tl;dr

Destroy the competition with regulation/overreach then profit by copying your competition and taking over