Moonbags Markets

More .eths dropping the tag

This report continues to give More alts nuking Btc still at 100k despite shakeouts and fakeouts Trending plays still trending and moving higher Onchain nonsense happening left and right lasting only a few days at most Stop giving them your bitcoin and keep stacking the stuff you have conviction on Don't let the narratives dictate your strategy This may go on for a while until I see definitive evidence that it's over

Bybit will temporarily restrict services in India starting January 12 — link

Literally nothing has changed since this report other than a 2 week fakeout on low liquidity conditions. Still don't see semblance of an alt season other than some solo narratives going wild.

Happy New Year

Pretty solid odds the weekly close today will be scammy cuz it's right before yearly open No report yet as you still cannot draw anything from this low liquidity condition close

Enjoy the holidays lol

Not gonna make a full report. Just know this week has to bounce or we are in serious danger

JUST IN: 🇺🇸 Federal Reserve Chair Jerome Powell says the Fed is "not allowed to own Bitcoin." @WatcherGuru

There has never been a more perfect time than today to bump this

Market update (12/16/2024): Bias: Day 6 Uptrend. Week 14 Uptrend (continuous) Analysis: Ultra quick update, looks like alt season is cancelled by Mr Bitcoin himself. Rampaging rally into new highs while alts are now reeling. Aside from the few alts which have a very strong narrative going for it like Trump coins (AAVE, LINK, ENA, ONDO, etc etc) , AI, NFTs, and HYPE eco, best to seek cover in BTC itself. Alts look like they are going into a bearish reversal or continued daily downtrend. I think ALTs may bleed for a bit here. Honestly, this has taught me every single cycle, one of these type of events happen and its nothing new. The expectation that Trump was going to kickstart Alt season did not come to fruition, despite some attempts and even his wallet buying millions of alts. We will simply keep waiting for that day to come, nothing else to say. Actions: -Buy Bitcoin -Buy trending alts -Buy capitulations on non-trending alts or accumulate them Status: Active

Market update (12/11/2024): Bias: Day 1 Uptrend. Week 13 Uptrend (continuous) Analysis: Just a quick update. Looks like we have a new confirmed daily uptrend. I now expect us to take out ATH and move higher in the intermediate term. The sideways consolidation and wicks gave some good buying opportunities although probably too shallow for most people. Bullish unless the daily uptrend is negated. Unfortunately never tested the zone today to figure out where it would negate. Expect this level to rise per day. I'm guessing its in the 99k area. Will update if I see something. Average Daily uptrends last 17-26 days. Actions: Bitcoin is a bid now for it's next leg up. Only other major that seems to have confirmed a new daily uptrend is SOL. Some strong alts which have reverse their downtrend include PEPE, SUI, and AAVE. DOGE and SEI is still recovering but I expect this to blast off when it does. I am also anticipating most other alts to also recover their uptrend but not as confident as the symbols above. Status: Inactive

wut

[🌲] BlackRock (IBIT) Daily BTC Flows: +296.0m: BBG

MICROSOFT SHAREHOLDERS VOTE AGAINST BITCOIN INVESTMENT PROPOSAL, PRELIMINARY VOTES SHOW

Levels I'm watching 90k BTC -> 74-80k ETH 3845 -> 3555 SOL 210 -> 188 Total3 ATH

Some extra notes to add for this month: -USA corporate tax payments due Dec 15, will likely lead to stalling in US Stocks -CPI on Dec 11, potentially important leading up to FOMC decision -FOMC meeting Dec 18, might be a pivotal meeting -Full moon Dec 15 -Fabled yearly Santa Rally which happens usually before Christmas and lasts till New Years -Potential Amazon and Microsoft or big companies/countries adding BTC to balance sheet and price reactions to these events