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Rapha002
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Rapha002
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#BTCPrediction Guys, literally nothing we can do right now. At least, until the next FOMC meeting. As of now, we're just seeing a swing movement at the very low liquidity in the market as well. This is by far is because of people are waiting for several things related to the macro updates : 1. The update about the US trade deals with other countries. 2. For BTC, further update about the Strategic Bitcoin Reserve (could take a long way to go) as catalyst. 3. The last one is a very important one which is the FOMC, the FED stance on current economic condition. I guess that we're going to see choppiness further until we have clarity about the FED statement. Whether it'll be a dovish or hawkish one. Volatility is low, smart money is out of the market, and volume is gone. This is the time to stay away from the market.
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#USStablecoinBill Market Update - Strategy has acquired 1,895 BTC for ~$180.3 million at ~$95,167 - Binance founder CZ says he advised Kyrgyzstan to adopt Bitcoin & BNB as the initial assets for its National Crypto Reserve. - EToro Group and some of its shareholders are seeking to raise as much as $500 million in btc
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#MarketPullback This is the BTC 5-day time frame and not much of the analyst mentioning this pattern over the last 2 years as well. In this correlation, I connect the similarity of price action during the golden crossover on the MACD MA line at the zero level and when the price reached the 55 EMA as the dynamic support. From this point of view, we are seeing the price always had bounce on previous 2 occasions, giving us an approximately 170% and 80% gain. I'm expecting the 3rd time to do the same but with less % gain. It confluents with $135k. Stay bullish, my baby!
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#Write2Earn .Actually with the last GDP report, I’m very happy with the outcome of the weak data. The reason right now is that the FED has no reason again to be in this pace of QT. Otherwise, there will be recession in Q3. I’m seeing a slowing down in economic policy very soon and Bessent has indicated that the treasury will start the buyback program. This is similar like QE in softer model. Definitely, the administration is in panic right now. I hope this week’s unemployment rate dan jobless claim will have a bad result! As I mentioned, if you’re the BTC holders, you should pray for the chaos in macro level!
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$BTC Bitcoin A lot of catalyst in the market right now, but I do think that we're going to see the consolidation in the price action much more longer that what I've expected. I think that market still doesn't believe about current pump either in the risk on asset. The reason is well because of the bad bad geopolitical condition which we are now at the edge of potential war. Also to note, credit market is broken in the US. The uncertainty about tariff is still becoming the main idea here. A lot of extraction in the market and that's why investors don't believe it. Psychological think I see we potentially clear $100k first to attract more buyers which make them think that the price is aiming for the ATH before another drop to $85k - $80k level as the last correction before new ATH. #BTC
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