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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Repost from Watcher Guru
JUST IN: Tron founder Justin Sun offers to buy all Bitcoin held by the German government to minimize impact on the market.
@WatcherGuru
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Honestly I am shocked at how resilient the market has been since it made a new ath pre halving
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Woke up to dying traders and rekt plebs because of the market dump and I couldn't stay away any longer. Also having trouble sleeping.
A reminder that the current scenario has already been given by me in May
Market is trying to find a higher low and has been chopping for months
Failure at 56.5k opens the door for 52k where it should find a more healthy bottom. Wicks below are possible but so is stopping short of 52k.
I also said 52k is more likely now because of Mt Gox
Total3 may actually need to run below gcr low now as this imbalance is always a core issue for ogs to feel like they are in control again and start bidding lmao
On the off chance that we have bottomed already, we will still be in a disgusting grind until probably late August to early September
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1) What
LOL just found this headline too ridiculous and had to log back in to share 😂
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Repost from Trading Tournaments | powered by EXCAVO
🇺🇸👨⚖️ The judge sided with the CFTC and found #OHM and #Klima to be goods in a fraud case. theblock
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Time to log off and touch grass
Seen enough pvping and disgusting market action
Happy 4th to all of you burgers, enjoy your day off
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Just too much confluence for mid September
1) Market expects rate cuts
2) CZ released from prison
3) Lunar eclipse
4) Upcoming election
5) ETH ETF trades by then
6) Tradfi big boys done with summer vacation
7) Mercury retrograde ends August 28
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The Hash Ribbon buy signal will likely line up with weekly bullish flip
Last 3 Hash Ribbon buy signals happened in August and September
Seemingly likely they line up again during those times this year
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Repost from Wu Blockchain News
Matthew Sigel, head of research at VanEck, said the possibility of launching a spot Solana ETF depends largely on the outcome of the 2024 presidential election and whether Gary Gensler continues to serve as chairman of the SEC. VanEck just submitted an application to launch a spot Solana ETF in the United States last week, and 21Shares followed suit. — link
