Moonbags Markets

nicely reflected.

JUST IN: BlackRock’s head of ETFs says they have seen a major influx in Bitcoin interest and it has traded $3.5 billion since launch. @WatcherGuru

Invalidation is above 45k and hold Note, this is usually when the real bull market has begun the last 2 times, after the market invalidated the weekly downtrend prematurely. Some hopium for yall.

Shorter term I'm pretty hopeful a bounce comes. We are quite overextended here with the selling storm from gbtc and now mt gox lmao.

My useless price targets that usually never play out lol: 35k is a decent buy for a bounce 32k is a solid buy 25 to 30k would be a godsend Anything below would probably wick but if they were to sustain below 25k.... entire bull market is in jeopardy we could then start putting capo targets into discussion

The uptrend is over. 39245 has broken. We are now in a strong weekly downtrend. What should you expect next? Down with some bounces along the way Expecting at least 3-4 months of selling with periods of recovery before more down. In fact, we are due a recovery any time now but will be sold off after. Price targets? Can go as low as you can imagine, possibly lower. Also, 2015-16 fractal is over. It doesn't resemble this or 2019-20 fractal anymore. It is now fog of war territory. Guidance will be less accurate besides momentum. It happens every single cycle. The good times are over for the time being. Get ready for hard mode.

🍿👀 Founder dForce: Mt.Gox will unlock 200,000 #BTC in the next two months to pay creditors.

Miner capitulations coming

📊⛏ CQ: #BTC miners are suffering losses from price reductions and commissions. They are now grossly underpaid (the lowest level since June 2022). #mining

Correction, gap almost filled, missed it by a little

^ always remember

BTC has taken out range lows Looks like it wants to go for my CME gap 39245 level Lets see if it gets there

🕵‍♂👀 #GBTC #BTC coindesk: A significant portion of the GBTC outflow is sales of the FTX bankruptcy estate. causing FTX's stake in GBTC to fall to zero. FTX held 22.3 million GBTC worth $597 million as of October 25, 2023. The value of FTX's GBTC holding has risen to approximately $900 million. at the time of approval of spot BTC-ETFs. Theoretically, now that FTX has completed the sale of its significant assets, selling pressure may ease.

Lmao

GBTC dumping billions worth of BTC CT timeline max fudded Jim Cramer max fudding Whatever else bs I missed BTC weekly doji