Short #altseason hope breaking.
Altcoins in a bullish pennant but with dropping volume. A retest of 1.25T support looks likely before any shot at breaking 1.64T & previous ATH.
This cycle is different – big players thrive on volatility. Split your bag: short, mid & long-term.
#CryptoMarket #Trading #CryptoAnalysis #CryptoCommunity #BTC #ETH
#Bitcoin is compressing inside a falling wedge near $108.8K — a bullish pattern.
🟢 Bullish MA cross
📈 RSI stays upper
🗓️ FOMC end of July + Trump pushes for rate cuts
Breakout above $110K could send BTC to $115K–$120K.
#BTC#Crypto#TradingView#PriceAction#TradingSignals
6 months ago I called out the decoupling of Bitcoin & crypto market caps.
People came out in droves to tell me I was wrong and alt season was upon us.
The truth is, there is no more alt season.
The sooner you accept that, the sooner you can still build up a meaningful bitcoin position.
You're not too late.
You're among the first 1-2% of people to get into bitcoin.
It's time to leave this chapter of false narratives behind and get on board with something real and meaningful.
@KobeissiLetter Guys, 20k$ correction is healthy one and doesn’t change the trend. Correction till 30% is normal one. So 75k can be a point of reversal. Think what it will happen before inauguration and after we gonna see sky rocket in Q1. 0.5 fib is exactly around 73k
What happened to all markets and why everything crashed include crypto?
Made a short simple review for you guys to understand the market situation.
What’s by the link and share your thoughts: https://t.co/Emz8JBlqTl
#cryptonews#useconomics#FederalReserve#btcnews#FOMC
Tomorrow marks the final Fed meeting of 2024.
There is currently a 96% chance of the Fed cutting rates by 25 basis points, according to @Kalshi.
This will mark the Fed's third rate cut of 2024 for a total of 100 basis points.
Meanwhile, CPI, PPI, and PCE inflation are all back on the rise as the labor market weakens.
All eyes will be on the Fed's outlook for 2025 as the fight against inflation is not over yet.
The Fed has a tough job ahead.