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Twitter(X)📨 @BitEagleNews. Transforming complex crypto concepts into accessible information for my followers.
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Hello guys
I just received the Binance Square 2023 Creator of the Year award.🏆
BitEagle News want to thank each and everyone of you for making this possible 🙏
It was tough but we made it, am proud of you all🫂
This is a great motivation for me to keep producing good content for this community.
Thank you @Binance Square Official ,@Richard Teng and all the Binance Square team 🔶❤️❤️
#CreatorOfTheYear #BitEagleNews
I just received the Binance Square 2023 Creator of the Year award.🏆
BitEagle News want to thank each and everyone of you for making this possible 🙏
It was tough but we made it, am proud of you all🫂
This is a great motivation for me to keep producing good content for this community.
Thank you @Binance Square Official ,@Richard Teng and all the Binance Square team 🔶❤️❤️
#CreatorOfTheYear #BitEagleNews
𝙃𝙞𝙨𝙩𝙤𝙧𝙮 𝙧𝙚𝙥𝙚𝙖𝙩𝙞𝙣𝙜 𝙞𝙩𝙨𝙚𝙡𝙛?
In 2020 all markets took a huge dump out of economic fear (covid and economic decline).
In response, the FED cut interest rates and pushed quantitative easing to support the economy.
What followed next was
the bull market of 2021 which we all know.
Today the markets are dumping out of economic fear again (weak job report and economic decline).
In response it's near guaranteed to start cutting rates in September and push Quantitative easing again.
History about to repeat itself? 🧐
#BitEagleNews #FUD
In 2020 all markets took a huge dump out of economic fear (covid and economic decline).
In response, the FED cut interest rates and pushed quantitative easing to support the economy.
What followed next was
the bull market of 2021 which we all know.
Today the markets are dumping out of economic fear again (weak job report and economic decline).
In response it's near guaranteed to start cutting rates in September and push Quantitative easing again.
History about to repeat itself? 🧐
#BitEagleNews #FUD
Despite all the predictions we all have made to predict when the next up-only phase starts:
- The 4 year halving cycle
- New Bitcoin highs
- Ethereum surging
- Bitcoin dominance dropping
- etc etc ...
It's not dominantly any of these.
It's MONEY PRINTING and RATE CUTS.
And we just basically got this completely confirmed in September.
The crypto markets need liquidity injection.
We had that in 2020 and 2021 PLENTY of times.
We know how that turned out right?
That comes from rate cuts and money printing.
Today the unemployment rate (job report) climbed to 4.3%.
The highest level in years!
It opens the door to an almost guaranteed rate cut and money printing scenario as inflation isn't the FED's only concern anymore.
What I said before still matters.
Bitcoin rising to new highs will peak new retail interest.
Ethereum surging does increase liquidity across the entire ecosystem (profits rotating).
It does matter but it's not DOMINANTLY responsible for a huge run.
Macro-economic events do.
They matter as well and likely even more.
Interesting to see how it will play out but if QE (quantative easing) is back on the table and liquidity is injected back INTO the economy instead of QT (quantative tightening) which we have had since the last bull market ended?
Things could change quickly, and for the better of our assets.
September is coming 👀
#BitEagleNews #BullRun #Crypto
- The 4 year halving cycle
- New Bitcoin highs
- Ethereum surging
- Bitcoin dominance dropping
- etc etc ...
It's not dominantly any of these.
It's MONEY PRINTING and RATE CUTS.
And we just basically got this completely confirmed in September.
The crypto markets need liquidity injection.
We had that in 2020 and 2021 PLENTY of times.
We know how that turned out right?
That comes from rate cuts and money printing.
Today the unemployment rate (job report) climbed to 4.3%.
The highest level in years!
It opens the door to an almost guaranteed rate cut and money printing scenario as inflation isn't the FED's only concern anymore.
What I said before still matters.
Bitcoin rising to new highs will peak new retail interest.
Ethereum surging does increase liquidity across the entire ecosystem (profits rotating).
It does matter but it's not DOMINANTLY responsible for a huge run.
Macro-economic events do.
They matter as well and likely even more.
Interesting to see how it will play out but if QE (quantative easing) is back on the table and liquidity is injected back INTO the economy instead of QT (quantative tightening) which we have had since the last bull market ended?
Things could change quickly, and for the better of our assets.
September is coming 👀
#BitEagleNews #BullRun #Crypto
LIVELIVEBitEagle News
--
Donald Trump says "maybe we'll pay off our $35 trillion debt by handing them a little crypto check, handing them a little Bitcoin."
When Will The Chop End?
Despite widespread pessimism, $BTC is only 15% below its highs.
Famous trader @BobLoukas offers hope:
"ATHs for $BTC by mid-September, $100k by December, SOL the strongest altcoin?"
Here are his key insights.
2. Bold Predictions:
Bob identifies mid-September as a likely point for $BTC to break ATHs.
He boldy predicts $100k $BTC by December 2024 based on the 4-yr cycle theory.
His base case suggests a top in 2025 (right translated cycle).
3. Bullish On $BTC :
Bob is ultra-bullish on $BTC , seeing it as a prime time in the 4-year cycle.
He believes we are in a mid-cycle re-accumulation phase.
Bob thinks the long-term impact of a pro-crypto U.S regime is still under appreciated.
4. Bullish On $SOL :
Bob is super bullish on $SOL .
The SOL/BTC chart is the standout in this cycle’s altcoin market .
He sees no reason for this trend to change.
5. Macro Uptrend:
Many miss the forest for the trees. Bob advises zooming out when in doubt.
One of the best ways to do this is to look at the 6-month bar chart of $BTC .
It’s shown a macro uptrend since inception.
6. Reversal Soon?
After a rough few months, Bob believes we're in a shakeout phase.
He recently increased his /ES long position, seeing promising cycle positions ahead.
7. Optimistic On $ETH :
Despite $ETH 's massive underperformance, Bob predicts an eventual $ETH season.
Early speculations and $BTC ETF demand diverted attention.
But an ETF, tokenization interest, and favorable regulations could benefit $ETH .
8. $BTC 's Resilience:
Bob stresses that $BTC 's performance isn’t dependent on political support.
It has thrived under various administrations.
$BTC operates in a vacuum—there’s no second best.
9. $BTC 's True Market Cap:
Bob values $BTC 's true MC at $850B, noting 4M+ $BTC as lost and 1.1M held by Satoshi.
Despite excess fiat, high debt and growing $BTC adoption, the MC stays steady.
Many are misled by “it’s too late,” taking unnecessary risks in altcoins.
10. The Local Bottom Is In:
Bob doesn’t think $53k $BTC will be tested again this bull cycle.
The monthly chart looks great. He's firmly holding his last bought in late 2022.
End Of Article.
If you enjoyed this article, a like would be greatly appreciated.
Purely educational, not financial advice.
#BitEagleNews #Chop #Bitcoin
Famous trader @BobLoukas offers hope:
"ATHs for $BTC by mid-September, $100k by December, SOL the strongest altcoin?"
Here are his key insights.
2. Bold Predictions:
Bob identifies mid-September as a likely point for $BTC to break ATHs.
He boldy predicts $100k $BTC by December 2024 based on the 4-yr cycle theory.
His base case suggests a top in 2025 (right translated cycle).
3. Bullish On $BTC :
Bob is ultra-bullish on $BTC , seeing it as a prime time in the 4-year cycle.
He believes we are in a mid-cycle re-accumulation phase.
Bob thinks the long-term impact of a pro-crypto U.S regime is still under appreciated.
4. Bullish On $SOL :
Bob is super bullish on $SOL .
The SOL/BTC chart is the standout in this cycle’s altcoin market .
He sees no reason for this trend to change.
5. Macro Uptrend:
Many miss the forest for the trees. Bob advises zooming out when in doubt.
One of the best ways to do this is to look at the 6-month bar chart of $BTC .
It’s shown a macro uptrend since inception.
6. Reversal Soon?
After a rough few months, Bob believes we're in a shakeout phase.
He recently increased his /ES long position, seeing promising cycle positions ahead.
7. Optimistic On $ETH :
Despite $ETH 's massive underperformance, Bob predicts an eventual $ETH season.
Early speculations and $BTC ETF demand diverted attention.
But an ETF, tokenization interest, and favorable regulations could benefit $ETH .
8. $BTC 's Resilience:
Bob stresses that $BTC 's performance isn’t dependent on political support.
It has thrived under various administrations.
$BTC operates in a vacuum—there’s no second best.
9. $BTC 's True Market Cap:
Bob values $BTC 's true MC at $850B, noting 4M+ $BTC as lost and 1.1M held by Satoshi.
Despite excess fiat, high debt and growing $BTC adoption, the MC stays steady.
Many are misled by “it’s too late,” taking unnecessary risks in altcoins.
10. The Local Bottom Is In:
Bob doesn’t think $53k $BTC will be tested again this bull cycle.
The monthly chart looks great. He's firmly holding his last bought in late 2022.
End Of Article.
If you enjoyed this article, a like would be greatly appreciated.
Purely educational, not financial advice.
#BitEagleNews #Chop #Bitcoin
LIVELIVEBitEagle News
--
Me and my gf in my new Porsche, thanks to crypto.
USDT dominance:
- Going down since October
- Going up since March
Meanwhile the market:
- Going up since October
- Going down since March
Who can guess what happens when it goes down again? 👀
#BitEagleNews #USDT
- Going down since October
- Going up since March
Meanwhile the market:
- Going up since October
- Going down since March
Who can guess what happens when it goes down again? 👀
#BitEagleNews #USDT
𝙏𝙝𝙚𝙧𝙚 𝙝𝙖𝙨 𝙣𝙚𝙫𝙚𝙧 𝙗𝙚𝙚𝙣 𝙖 𝙗𝙪𝙡𝙡 𝙘𝙮𝙘𝙡𝙚 𝙬𝙞𝙩𝙝𝙤𝙪𝙩 𝙖𝙣 𝙖𝙡𝙩𝙨𝙚𝙖𝙨𝙤𝙣 𝙞𝙣 𝙝𝙞𝙨𝙩𝙤𝙧𝙮.
Overall there are a few differences to the cycle today compared to other cycles.
We can't deny that:
- Altcoin dilution is real
- Diminishing returns is also real
It basically means that unlike before, money can't flow into every single altcoin that exists.
There's just no amount of capital for that.
Not even in a "mania phase".
It also means that most altcoins won't have an easy 10-100x anymore.
It won't be the average multiplier that you are used to see and should be a comparison among others.
𝙃𝙤𝙬𝙚𝙫𝙚𝙧, 𝙙𝙚𝙨𝙥𝙞𝙩𝙚 𝙖𝙡𝙡 𝙤𝙛 𝙩𝙝𝙞𝙨?
An altseason will still happen.
No doubt about that.
Ever since the introduction of altcoins in the market we have never had a cycle without one.
And although bitcoin dominance is still in an uptrend it is VISIBLY weakening.
It's slowing down and getting more and more flat.
It's also pretty close to previous supply levels which both highlight it should not be that far away anymore.
But expectations of every altcoin you hold doing an easy 20-100x from here?
That should be toned down a lot.
There will be outperformers here and there.
No amount of altcoin dilution can prevent that.
With the right narrative and enough hype money can still easily flow to a specific altcoin in a very large amount.
It's just not the average anymore and that should be taken into account for everyone's future take profit levels he or she hopes to achieve.
It's fine to also hope you are holding that single 1000x example that the market will give.
That defies the rest of the market.
But don't make a trading strategy based on that assumption.
The odds are not with you on this.
But upside potential from here and an impending altseason?
That's definitely still there and on the table.
#BitEagleNews
Overall there are a few differences to the cycle today compared to other cycles.
We can't deny that:
- Altcoin dilution is real
- Diminishing returns is also real
It basically means that unlike before, money can't flow into every single altcoin that exists.
There's just no amount of capital for that.
Not even in a "mania phase".
It also means that most altcoins won't have an easy 10-100x anymore.
It won't be the average multiplier that you are used to see and should be a comparison among others.
𝙃𝙤𝙬𝙚𝙫𝙚𝙧, 𝙙𝙚𝙨𝙥𝙞𝙩𝙚 𝙖𝙡𝙡 𝙤𝙛 𝙩𝙝𝙞𝙨?
An altseason will still happen.
No doubt about that.
Ever since the introduction of altcoins in the market we have never had a cycle without one.
And although bitcoin dominance is still in an uptrend it is VISIBLY weakening.
It's slowing down and getting more and more flat.
It's also pretty close to previous supply levels which both highlight it should not be that far away anymore.
But expectations of every altcoin you hold doing an easy 20-100x from here?
That should be toned down a lot.
There will be outperformers here and there.
No amount of altcoin dilution can prevent that.
With the right narrative and enough hype money can still easily flow to a specific altcoin in a very large amount.
It's just not the average anymore and that should be taken into account for everyone's future take profit levels he or she hopes to achieve.
It's fine to also hope you are holding that single 1000x example that the market will give.
That defies the rest of the market.
But don't make a trading strategy based on that assumption.
The odds are not with you on this.
But upside potential from here and an impending altseason?
That's definitely still there and on the table.
#BitEagleNews
US Government Sells 10,000 #Bitcoin Worth $650,000,000 !! 💥🇺🇸
This comes just one day after the Bitcoin Reserve Bill — where a 1-million-unit Bitcoin purchase program to acquire a total stake of approximately 5% of total Bitcoin supply, mirroring the size and scope of gold reserves held by the United States.
With Over $35 Trillion In National Debt, Why Would The US Be Dumping $BTC ?? 🤔💭
Comment Below & Follow For More!!👇👇
#BitEagleNews #Bitcoin #USA
This comes just one day after the Bitcoin Reserve Bill — where a 1-million-unit Bitcoin purchase program to acquire a total stake of approximately 5% of total Bitcoin supply, mirroring the size and scope of gold reserves held by the United States.
With Over $35 Trillion In National Debt, Why Would The US Be Dumping $BTC ?? 🤔💭
Comment Below & Follow For More!!👇👇
#BitEagleNews #Bitcoin #USA
JUST IN: 🇸🇻🇷🇺 El Salvador proposes using cryptocurrency for trade settlements with Russia.