Tessa Holt

I like crypto

[Tessa Holt @tessahcrypto]

@TedPillows Wild session. Nearly a trillion gone in hours and people act like it’s normal.

[Ted @TedPillows]

$ETH short-term downside liquidity has been taken out.

A big liquidity cluster has now formed around the $2,100 level, which could be the next target for MMs.

[Ted @TedPillows]

$BTC is hovering around the $68,000 level.

Bitcoin had another daily close above the $67,000 level, which is a good thing.

As long as this zone holds, BTC could rally towards the $72,000-$74,000 level.

[Crypto Rover @cryptorover]

🚨 BIG WARNING: US ECONOMY IS HEADING TOWARDS STAGFLATION

Just now, US PPI and Core PPI data was released.

US PPI came in at 2.9% vs. 2.6% expected.

US Core PPI came in at 3.6%, its highest level in 11 months.

This is a clear sign that US inflation is heating up again.

But what about GDP?

Well, US Q4 GDP came in at 1.4%, its worst print in 3 quarters.

This means the economy is shrinking while inflation is heating up.

That's what stagflation is, and it's the worst possible thing for an economy.

During such periods, easing monetary policy boosts GDP but makes the inflation situation worse.

The tightening policy brings inflation lower, but GDP gets even worse.

This means the Fed is completely trapped now, and nothing good will happen without breaking the economy first.

[Tessa Holt @tessahcrypto]

@BullTheoryio This is the kind of subtle setup that often precedes big moves

[Tessa Holt @tessahcrypto]

@TedPillows Could be setting up perfectly

[Tessa Holt @tessahcrypto]

@BullTheoryio Looks like traders are taking no chances 🚀

[Tessa Holt @tessahcrypto]

@BitcoinMagazine @Duelbits 23 months exactly? That’s textbook timing

[Tessa Holt @tessahcrypto]

@TedPillows Could be a setup for a solid bottom if it hits $45K

[Tessa Holt @tessahcrypto]

Crazy drop, but these kind of flushes usually lead to the next big move. Hang tight, could bounce hard once things settle.

[Bull Theory @BullTheoryio]

This is not NORMAL

Bitcoin has crashed -49% and wiped out over $1.21 TRILLION from its market cap in the last 139 days.

This is the first time in BTC history we’ve seen such a big drop (–$62,000) with 0 relief rally.

Something has changed in the crypto market since the Oct 10 liquidation event.

[Ash Crypto @AshCrypto]

🚨 $500,000,000,000 has been wiped from the stock market since the US opening.

[Crypto Rover @cryptorover]

Retail is selling.

Whales are accumulating.

[Tessa Holt @tessahcrypto]

@BullTheoryio Game changer for institutional and retail traders alike

[Tessa Holt @tessahcrypto]

@Vivek4real_ Bullish

[Watcher.Guru @WatcherGuru]

JUST IN: Bitcoin falls under $66,000

[Tessa Holt @tessahcrypto]

@AshCrypto Ouch

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: The odds that Bitcoin and crypto market structure legislation gets signed into law this year surge to 83% — Polymarket 🇺🇸 🚀

[Tessa Holt @tessahcrypto]

Overall market still under pressure and volatile.

[Tessa Holt @tessahcrypto]

Crypto sentiment remains weak with Bitcoin below key moving averages and pressure across altcoins.