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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1 406
I will say this
Its pretty fucking concerning that binance fully sold everything. I know about what they said about accounting blah blah, that seems to be mid curve to take them at their word
I'm now increasing the odds that it's over already but still not my base case.
1 406
My expectation is a major pump after we bottom rather than a grind back up
If we get the latter then the scenario changes and we might have more time in the bull market than expected and would negate every time based model I have been working on
1 406
Both daily and weekly are in a deep downtrend. The daily is set up for a reversal soon though as it has been several straight weeks of dumping.
My gut still tells me we are setting up for an enormous exit pump, even though none of this is shown on any chart. They have nuked almost every single coin down into oblivion at the same time and removed the buy button.
There will be signs but most will miss it. But I think now is the time to be hypervigilant. There will be something that sparks the final move up and it may happen quickly.
After this pump, I expect the market to worsten into tax selling season in March and April, then we will probably get a small rebound before the drudges of the Summer, again. My road map is bearish after that until we get an echo bubble sometime in late Q3- Q4 2025 but I don't see new highs unless there is a major news event that will get whales and retail to front run. I do expect a bottom sometime in Q1 2026 before the golden up only bull run, the one we were promised.
1 406
In previous cycles, during BTC post ath season, alts would creep up with BTC and then pump when BTC grinded sideways. Then once BTC dominance topped, alts would go crazy.
In this cycle, people have been front running that and have attempted to pump alts hard when BTC goes up. Then it would collapse when there are no follow up buyers even when BTC went sideways. Subsequently, they would get weaker and weaker as time went on.
This type of behavior rewards pump and dumps and active trading only.
When this behavior changes, and it will be obvious to see, then we will have an alt season that people are used to seeing.
1 406
Repost from infinityhedge
PRESIDENT TRUMP'S WHITE HOUSE A.I. AND CRYPTO CZAR DAVID SACKS WILL HOST A PRESS CONFERENCE ON FEBRUARY 4 AT 2:30PM ET ON DIGITAL ASSETS
To Discuss How the trump administration & congress will work together to secure america as a leader in the digital asset ecosystem.
1 406
If i were to guess, we have finally begun entering capitulation in those categories
1 406
Repost from Watcher Guru
JUST IN: 🇺🇸 Federal Reserve Chair Jerome Powell says "banks are perfectly able to serve crypto customers."
@WatcherGuru
1 406
Repost from Watcher Guru
JUST IN: $920,000,000,000 liquidated from the cryptocurrency market in the past 24 hours.
@WatcherGuru
