Moonbags Markets

Ethbtc pumping

Donald Trump and Elon Musk will have a Live conversation on 𝕏 which is unscripted with no limits on subject matter at 8pm ET today. Trump recently attended Bitcoin 2024 conference and expressed full support for cryptocurrency. Musk recently said that he does not intend to promote any cryptocurrency. — link

Get off the ledge anon. Move away from the rope.

I strongly believe the current price action is lining up for a parabolic rise after it bottoms in the crypto market. The resistances that it is respecting now won't be respected once this downtrend is over. The prices will rocket like it's 2017 and early 2021 imo. I believe this will happen by September, even mid to late August is possible. Be warned if you are capitulating here you will almost certainly be unable to get an entry later.

The repercussions from this will be interesting to watch

The Venezuelan government has blocked access to cryptocurrency exchange Binance, Twitter, and other online services amid unrest over the results of the presidential election. Binance's P2P service is very popular in Venezuela, where residents exchange cash for cryptocurrencies to combat inflation. — link

There is now a CME gap at 61,100 Hit it by tomorrow night? lol

Eth showing strength

Seems possible now

Broke

🇺🇸 Key Events This Week: U.S. PPI Inflation - Tuesday U.S. CPI Inflation - Wednesday Initial Jobless Claims - Thursday U.S. Retail Sales - Thursday NY Fed Manufacturing Survey - Thursday Philly Fed Manufacturing Survey - Thursday U.S. Consumer Sentiment - Friday @Fin_Watch

Celsius Files Lawsuit Against Tether, Demands Restitution of $2.4b Worth of BTC Tether Vows To Defend Itself Against The Litigation, Calling It A "Shake Down": Blog

starting to make sense why VC alts have gone to 0

Resistance at 2730

ETH not much underside remaining unless it wants new low