BITCOIN DUMP: HARSH TRUTH IS SETTING IN FOR INVESTORS (ETH ETF DONE!)
Summary
TLDRThe video discusses the impact of Ethereum ETF approval on the market, predicting potential price movements before public release. It analyzes Ethereum's support and resistance levels, Google Trends sentiment, and the ETH/BTC chart. The script also covers Bitcoin's correction, altcoins' performance, and meme coins' strength. It touches on traditional market realities with rising interest rates and their influence on stocks and the US dollar. The video concludes with a look at seasonality in election years and its implications for Bitcoin and cryptocurrencies, offering a cautiously optimistic outlook for the market.
Takeaways
- 📈 The Ethereum ETF has been approved, leading to a $900 pump and a 30% increase in price, nearing a new high.
- 🕒 The ETFs are not yet released to the public, and it could take weeks to months for them to become available.
- 🤔 There is speculation about whether the price will correct or pump during the period before the ETFs are publicly released.
- 📊 Bitcoin has experienced a dump recently, with some support levels being tested.
- 💡 Strong altcoins are showing resilience during the market correction, while major meme coins continue to increase in value.
- 🔗 The SEC has approved eight Ethereum ETFs from various financial institutions, but the timeline for public availability remains uncertain.
- 📈 Ethereum's price has surged following the ETF approval, but the long-term impact on the market is still unknown.
- 📉 Bitcoin's price correction is being monitored closely, with the 50% level at $66,800 being a key support level.
- 📊 The ETH/BTC chart indicates a weaker move compared to the Bitcoin ETF hype, suggesting the market might need more confirmation before a strong bullish trend.
- 📊 Altcoins like Solana and Pendle are holding above the 50% level against Bitcoin, which could indicate strength and potential for an altcoin season.
- 📚 The traditional markets are facing harsh realities with rising interest rates, which could impact investor sentiment and asset prices.
Q & A
What is the significance of the Ethereum ETF approval in the cryptocurrency market?
-The approval of the Ethereum ETF by the SEC is a significant milestone as it indicates institutional acceptance and can potentially bring more mainstream investors into the cryptocurrency space. However, it's important to note that the ETFs are not yet available to the public, which could lead to market fluctuations as investors react to the news.
What is the current status of the Ethereum ETFs mentioned in the video?
-As of the video's recording, eight Ethereum ETFs have been approved by the SEC, including those from Black Rock, Fidelity, Grayscale, Bitwise, Van Eck, Invesco, Galaxy, and Franklin Templeton. However, they have not been released to the public yet and could take weeks or even months to become available.
How has the Ethereum ETF approval impacted the price of Ethereum?
-Following the approval of the Ethereum ETF, there has been a noticeable pump in the price of Ethereum, with a $900 increase and nearly a 30% rise in value, coming close to a new all-time high.
What are the potential support and resistance levels for Ethereum that investors should be aware of?
-The video suggests that key support levels for Ethereum are around $3,450 (the 50% level) and $3,200 (previous support and resistance levels). The resistance level to watch for a bullish trend is around $4,100.
What does the speaker suggest about the sentiment around Ethereum based on Google Trends data?
-The speaker notes that the Google Trends data for Ethereum and Ethereum ETF searches have seen a significant increase, indicating growing interest. However, the search volume is still well below the highs seen during the 2021 bull market, suggesting that there may still be room for growth.
How does the speaker view the current situation in the cryptocurrency market in relation to the traditional markets?
-The speaker suggests that the cryptocurrency market, including Bitcoin and Ethereum, is currently experiencing a correction or 'cool off' period, which is not uncommon following a period of rapid growth. This is happening alongside shifts in the traditional markets, with interest rates potentially remaining on hold and not being cut as previously expected.
What is the potential impact of interest rates on the cryptocurrency market according to the video?
-The video suggests that the market is adjusting to the possibility of interest rates not being cut and potentially increasing. This could put pressure on asset prices, including cryptocurrencies, as investors reassess their strategies in light of these changes.
What indicators does the speaker use to gauge the strength of altcoins like Solana and Pendle?
-The speaker uses the 50% level as a key indicator, noting that altcoins that maintain values above this level, such as Solana and Pendle, are showing strength and could potentially lead in the next stage of the market cycle.
How does the speaker analyze the potential for an 'altcoin season'?
-The speaker suggests that the formation of higher lows in altcoins against Bitcoin could indicate strength and potentially lead to an 'altcoin season'. However, they caution that it's still early and nothing has broken out yet, so it's important to monitor these trends.
What advice does the speaker give regarding trading strategies in the current market conditions?
-The speaker advises keeping trading strategies simple and clear, so that decisions can be made quickly, especially in a rapidly changing market. They also promote the use of their TIA premium service for trading strategies and insights.
Outlines
🚀 Ethereum ETF Approval and Market Analysis
The video discusses the recent approval of Ethereum ETFs and the subsequent price surge, with a 30% pump bringing Ethereum within $150 of a new high. However, the ETFs are not yet available to the public, which could take weeks or even months. The video explores potential price movements, including possible corrections, and examines support and resistance levels for Ethereum. The speaker also mentions a premium sale for trading strategies and provides an analysis of Google Trends data for Ethereum ETF searches. The focus is on understanding market sentiment and preparing for future price movements.
📉 Bitcoin's Market Correction and Support Levels
This paragraph delves into Bitcoin's recent price correction and the implications for the market. The speaker discusses support levels, particularly the 50% level at $66,800, which Bitcoin bounced off, indicating a potential area of interest for traders. The analysis includes a look at the weekly chart and the importance of closing prices above certain resistance levels. The video also touches on the broader market trends, suggesting that the current dip could be a period of consolidation before a potential bullish move.
📊 Market Sentiment and Social Risk Metrics
The speaker introduces social risk metrics and Google Trends data to gauge market sentiment. They highlight that the current low participation levels might indicate a market bottom, with a divergence between price and retail interest suggesting potential for higher prices in the future. The video also discusses the importance of likes versus dislikes on content as a metric for understanding the market cycle's position, suggesting that a high like percentage could indicate a low in the cycle.
💼 Altcoins and Meme Coins Analysis Amid Market Shifts
The video shifts focus to altcoins and meme coins, discussing their performance relative to Bitcoin and the USD. It emphasizes the importance of maintaining strength above certain percentage levels as a sign of potential altcoin season. The speaker also warns against the pitfalls of continuously buying dips, advocating for trading on strength instead. The paragraph concludes with a brief mention of the harsh realities for traditional markets, with interest rates potentially increasing and not being cut.
📈 Seasonality and Outlook for Traditional and Crypto Markets
The final paragraph discusses the seasonality of market movements, particularly focusing on election years and their impact on stock market trends. The speaker references historical data suggesting a macro uptrend towards the end of 2024 and into 2025, which could be positive for Bitcoin and cryptocurrencies. They also mention a sale for TIA premium, encouraging viewers to take advantage of the offer, and conclude with a summary of the video's key points.
Mindmap
Keywords
💡Ethereum ETF
💡Pump
💡Correction
💡Support and Resistance Levels
💡Altcoins
💡Interest Rates
💡Google Trends
💡Seasonality
💡Traditional Markets
💡Social Risk Metric
Highlights
Ethereum ETF has been approved, causing a $900 pump and a 30% increase in price.
ETFs are not yet released to the public and could take weeks to months for availability.
Bitcoin has experienced a dump recently, with some support levels being questioned.
Strong altcoins are showing signs of holding out during the market correction.
Major meme coins continue to pump despite market conditions.
Interest rates are anticipated to rise, affecting investors and traditional markets.
SEC has approved eight Ethereum ETFs from various financial institutions.
Google Trends shows increased search interest in Ethereum and ETFs but not at peak levels.
Ethereum's price has moved nearly 30% higher, nearing a previous top.
Support and resistance levels for Ethereum are discussed for potential future price movements.
ETH/BTC chart shows Ethereum's move is weaker compared to Bitcoin's ETF hype.
Bitcoin's correction is analyzed with attention to the 50% level as a key support.
Social risk metrics indicate low participation levels, suggesting a potential market low.
Google Trends data for Bitcoin and crypto searches are climbing, hinting at growing interest.
Altcoins like Solana and Pendle are holding above the 50% level, showing strength.
Meme coins are analyzed for their performance and potential as the market corrects.
Traditional markets are adjusting to the possibility of sustained interest rates rather than cuts.
Seasonality of the stock market in election years is discussed, suggesting a macro uptrend.
TIA premium sale is announced with a link in the video description, ending the next day.
Transcripts
all right guys we are back with another
massive update as the ethereum ETF has
been approved we've seen a $900 pump 30%
pump and within 150 bucks of a new Fresh
high but the ETFs are still not released
to the public and this could take many
weeks if not many months so what happens
to the price over this period of time do
we see a correction do we see a pump
let's have a look at that in today's
video along with Bitcoin and the dump
that we've seen over the last few days
some of those uh support levels are
coming into question we've also got the
strong alts which are showing some signs
of holding out here while the market
corrects and of course those major meme
coins which have continued to pump now
on top of that we've got heaps to get
through with the traditional markets as
harsh realities are setting in to
investors as interest rates look to rise
Yes you heard that here first in January
where we looked interest rates and the
possibility of them not getting cut
pretty straightforward concept I'll get
to that later in today's video so let's
kick it off with eth after I let you
know about our Tia premium sale Link in
the top of the video description this
ends tomorrow if you want to jump on
board with that learn how to implement
all of the trading strategies we use
here for your own trading and investing
Link in the top of the video description
we'll talk more about that later but now
covering the headline of SEC approving
eight ethereum ETFs including Black Rock
Fidelity grayscale bitwise vanck Arc
Invesco Galaxy Franklin Templeton
they're all there but it could take many
months taking three plus months
historically to get this out to the
public so uh on the best case scenario
couple of weeks but there's plenty of
examples of this process taking three
plus months so I want to understand what
that would look like on the chart should
we see a correction on eth or higher
prices and essentially want to look at
where those uh support and resistance
levels lie for ethereum now this is the
announcement from the SEC so it's all
above board here it's all approved it's
not just speculative rumors on news
headlines or on X or anything like that
so we've got this now but it's not
available for the public just yet so
what does the sentiment look like on
Google Trends well we got ethereum eth
ETF this is just the terms that people
are searching for you've obviously seen
a big pump up in both of these terms now
ethereum going from 32 up to 94 for the
reading of the last 12 months but if we
take a look over 5 years uh we're still
nowhere near any of those high prices
that ethereum was at back when it uh
peaked in May of 2021 in the last bull
market you also had the first Peak
around January and then the bare Market
collapses of June 22 if we can get those
numbers there and then also November
when FTX collapse so this is the FTX
collapse here November even lower so
we're above the FTX collapse but still
well below any of the bare Market Search
terms uh and also the bull market time
in
2021 so to me I still see this as a
pretty reasonable opportunity for
accumulation the prices aren't the best
you know sitting at 3700 or 3,800 for
eth but in terms of where we are in the
overall cycle should this continue then
there's still a likely chance that we've
got more interest to come into the
market how much of a return that is
obviously anyone's guess I can't sit
here and tell you you're going to get a
2X or a 5x I know everyone wants that I
definitely want a guarantee but no one
can give us a guarantee there's no
guarantees in this game so onto ethereum
and the move over the last few days has
been 900 bucks to the peak nearly 30%
short of 150 bucks from that previous
top in uh March now what I I think is
the most important areas for eth over
the coming weeks as we saw with how this
process could unfold within a couple of
weeks but there's plenty of examples of
this process taking three plus months if
we were to see price drop from here and
just basically buy the rumor sell the
news type of an event everyone getting
hyped up that the E ETF is getting
released I got to get those uh letters
correct then
if this is the case then we start to see
a selloff on price firstly this is a
good level 3450 that's the 50% level of
the range down to the low uh in on the
1st of May however going any lower than
that is still not the the end of the
world probably coming down to roughly
3200 points the reason being is that was
previous support resistance resistance
resistance so nice fake out there
resistance another resistance before the
pump so this seems to be the area that
investors were accumulating eth putting
in higher lows sitting on 50%
support and that seems to be a
stronghold for the price so if you were
to see this fall underneath into this
time frame here going forward 3 weeks
and then into uh three months from
today's date as we were looking at this
on the eth ETF announcement so 3 plus
months if this is how long it takes
until it's release to the market and
then everyone can start to gamble on
their eth ETFs uh 3 months would take us
out to August of
2024 so let's extend this box out here
essentially this would be the no-o Zone
it's not the end of the world because
you still got the 50% there but it's
probably going to be a little weaker on
the rally what we do want to see or at
least people who are already holding
ethereum or if you want to get into eth
is for 3200 to become the next level of
support at a higher l low so that's the
key levels here for eth over the coming
three weeks to to 3 months should it be
able to Pump from here and close above
that current top there at 4,100 again
that's going to be even more bullish but
you don't want to see it drop back below
these levels because that could take
that that would then cause more time for
consolidation before it could pump again
the most bullish scenario is a close
above 41 anywhere in this zone between
32 and 41 not the end of the world
underneath that level between 28 and 32
not the greatest it just means it's
weaker and going to take more time to
Pump from that level and underneath the
level of 2800 uh game over for ethereum
I'll call it a game over at this point
so the other thing we can see with eth
is the eth verse BTC chart now this move
up from the last few days 20th there to
the top is slightly less than the pump
we saw in January when the hype was
there for the Bitcoin ETF so at the
moment for the same weak move weekly
move it's weaker than it was before and
this is on ethereum's ETF so this
doesn't give me a lot of Hope at the
moment just looking at this purely on
the chart because it's a it's a smaller
move than what happened back when
bitcoin's ETF hype was all the rage
right so from here the Bulls really need
to see this thing push higher and get
back above those tops so that's the
resistance level there at 06 so 6
million Satoshi if this is to fade out
and we talked about this the other day
when we saw this massively abnormal bar
we had another push higher a reversal
here the announcement day and we got to
close back into that zone uh it just
sort of starts to paint the picture that
the hype of the move might be over for
now it doesn't mean it's the worst case
it doesn't mean it's the end of the
world because you still have support
down here and of course everyone should
know by now higher lows means it's
stronger so if we do get that fade out
you definitely want to see it stay above
0.052 at least 0.052 worst case 045 so
it's at this low here so that move has
basically been for the week weaker than
the previous one from the low itself
from the swing low it's almost dead on
the same thing 27.6 27.7 and
0.013 012 recap on that a close above
006 going to be very strong for eth and
that would almost confirm that that low
is in for now this is just another
bounce like the last bounce because it's
at the same measure the same thing here
for eth that takes us over to bitcoin
and the dump here as we get into those
harsh realities for the market what's
setting in there you can definitely see
it come across in the stock markets as
they've also corrected overnight for BTC
it's had a correction again at that 72k
level we had the fake out up there I've
got our level here at 71 there was only
one day close above it it's pulled back
so we've had a red day but essentially
two uh down days so far those days are
up for us because they're higher highs
higher lows even though it was red
moving on though uh the move to the 50%
level guys this is why you must know
about the 50% level it's so important
especially for uh short-term long-term
trading you can easily start to identify
where these support and resistance
levels are going to come in and that
number was at 66 Grand you can see
yesterday it dropped to 66,800 and
Bounce from that level so the close
isn't the worst you got to close Above
This previous area of resistance so
that's a good thing at least on The
Daily but when you go to the weekly
chart we still have a few days to go so
it's not uh it's not the end of the
world here but if this was to continue
and close where it is now or slightly
lower then you've got another reversal
bar at a lower top to the previous
reversal and another lower top to the
current all-time high which was the top
of that move so that could then spell
more time under the alltime high and not
this sort of major pump up to the upside
uh we need to see what happens over the
course of Friday obviously there's still
one more day left in the trading week
and then three more days left for the
24-hour markets so that's going to be
important leading into uh Monday or
obviously Sunday night's close so keep
an eye on that that's going to be the
big levels that we're watching for the
the weekly chart but if you have been
following then it shouldn't come as any
surprise that this time in the market
was essentially a time to cool off you
know we talked about this in February on
this massive bar here we talked about it
in March that things were just getting
way overheated and they needed to have a
pullback going through all of this data
as I did in previous video so just as a
recap here it seemed like we did need
some time off and it was likely going to
be obviously at least one month probably
two months you can see here monthly
swing bottoms as well that's typically
what we have seen into
pullbacks uh after monthly swing tops
how long have they lasted and when did
those uh when did those swing bottoms
occur when did the pullbacks end and
we've seen four times in June zero times
in May but maybe we see this June just
being a bit of an inside month higher
high higher lows and lower highs and
then we start to power on for the next
stage of the year which typically I
think lines up with a lot of things that
are happening in the traditional markets
as well as I'll get to in a moment so
essentially this was still that cool off
time and on the shorter term time frame
if this remains here or you know under
sort of 69
68,000 then well it's sort of leaning
towards that that we just need a bit
more time to consolidate to then move to
higher prices just on that uh on that
Weekly chart as well as I've got here
we're at their 10th week under the old
all-time high this was 15 weeks
underneath that significant top so it
took some time to recover but at the end
of the day it still pushed higher so I'm
still in the macro bullish camp if it
takes a little more time it's going to
be the same as what's already occurred
and hopefully that gives it some more
power to push on to much much higher
prices onto the social risk and Ben C's
got his lovely social risk metric here
so I like to look at this stuff to give
us an idea of the the numbers of people
in the game and essentially this is if I
move this here it's pretty much showing
that we're at the lowest levels that
we've seen in a very very very long time
uh what I think is most people are
waiting for higher prices again to come
back in So when this occurs it's a
pretty good sign that you're at some
sort of low you can see it here in
January lows there more lows of course
Co happened higher Low Bottom form which
is another very bullish sign so that's a
good thing there and then more lows
before the market basically took off
from that point so the beauty about that
is it's probably sitting somewhere
around the low prices are getting higher
so you're starting to see a Divergence
between the price and the retail which
means I think over the coming months
we'll likely see higher prices it also
shows up here on the Google Trends
Bitcoin has started to climb higher
crypto started to climb higher only just
and you can see it happened back in 2020
where you had this sort of bump up in
July August fade out and then you
started to go on this Mega Run so we get
something like that that could take
another couple of months maybe we see a
move higher for the Google search term
fade out again over the course of Summer
and then start to push higher towards
the end of the year with the elections
coming up as well now my uh my brother
Michael did something on his channel
looking at likes versus dislikes just as
an understanding of where we are in the
current cycle which flows on with this
uh particular reading here for the
social metric just to see whether we're
around some sort of low or have seen a
low and the idea I'm not sure if you can
see it here but essentially looking at
the likes versus dislike ratios which is
a good reminder to smash up the like
button subscribe to the channel if
you're this far into the video we're
seeing 99% likes which is typical of
around a low area doesn't have to be the
low but around the low because you're
not getting any fresh blood and I'm not
ticking off too many people unless there
is the word uh death of crypto in the
title where a few people get a little
bit triggered so be it but essentially
it's all 99% which means you guys that
have followed along the entire time are
still here and you understand the
content itself and what we're talking
about whereas when it starts when the
content starts to reach a new audience
they don't really understand what we've
been doing for the last several months
or even years and they get a little bit
triggered at uh different ideas coming
to them because typically they're used
to hearing the same thing from the same
major channels and and when you tell
them oh look maybe we're starting to see
a top and everyone else is telling them
it's still a bull market they get
triggered and they hit the dislike
button so I think it's a pretty good
metric to understand where where we are
in the cycle you start to see dislikes
go under 98% so basically 2 plus% of
dislikes then we're getting somewhere
around the top onto the altcoins and
after this pump from eth and BTC where
does it leave us with alts and the
strong alts salana is still tracking
around the 50% level ideally this is
still a a strong position for salana to
be in at this stage of the cycle higher
lows have formed Sol vers BTC remember
I'll have a look at the USD chart as
well for those folks but anyway this was
the higher low area that I've been
following now since April I posted about
it so make sure you follow on X as well
so you get those updates and essentially
it was just looking at altcoins the
strong altcoins making higher lows
against Bitcoin at that point in April
note that Bitcoin went lower on the 1st
of May so Bitcoin put in a lower low
while altcoins made a higher low against
BTC so there's some strength there which
might suggest that we're going to go
into an altcoin that there potentially
will be an altcoin season if you're
seeing higher lows and alts at this
stage of the cycle of Bitcoin getting
that slightly lower low I'm not going to
get too excited just yet because we
haven't seen anything break out but
that's a good early sign should those
lows remain in so that's why I'm still
um quite bullish on this next stage of
the cycle or one reason so above these
50% levels still a good sign that's this
line here you can see it for yourself on
the chart still in a strong position if
it starts to break down and fall below
these levels that would just mean that
well it could potentially be forming
into a weaker cryptocurrency it's as
simple as that that's how I like to make
my trading I hope you've got something
as simple as that in your own portfolio
so you can make quick decisions when
you're implementing your own trading if
takes a long time for you and you
got to go and check five different
channels 10 different X accounts you're
still unsure when to buy and when to
sell that is going to be very very
painful when the market is in super
Drive in hyperdrive like it was in
December November of last year and then
into that peak in March as well it's so
hard to make decisions if you need to go
and check 20 million different things
keep it really really simple and life
becomes far more simple now that's a
Shameless plug to Tia premium the sale
is on now ends tomorrow Link in the top
of the video description to get the
coupon code the discount code there so
make sure you subscribe to that and
those emails will go out to you so you
get that discount code so that is salana
against Bitcoin salana against USD it's
holding up pretty damn well we can see
the low here and the 50% back down at
$154 so still in a relatively strong
position here Pendle still in a
relatively strong position above 50%
there at
$630 and if you look at it against its
BTC value also above the 50% and above
the 50% of that particular move I'm not
suggesting that it goes straight up it
could take some time here pause come
back down and above the main thing is
it's still above this major 50% which
potentially leads it in to be a stronger
altcoin come the next stage if this
breaks down weaker altcoin that simple
super super simple render it's starting
to break down here not back into this
Zone yet and the zone between the low
the higher low and these tops about
10,000 Satoshi up to about 14,000
Satoshi so it's not looking as strong as
the others but still pretty pretty
decent on the chart at the moment and
against the US dollar pairing just
holding out here at 10 bucks so still
holding up relatively well as for the
meme coins well that's pretty
self-explanatory you've seen higher lows
and although it is up it's still a
strong altcoin to have a look at this is
exactly what we were talking about with
our members earlier this month when it
started to put in higher lows and it
tested those tops and then took off from
there so great trading opportunities
when you find strength in a market I
know a lot of people still want to buy
up these dips but what happens is you
just keep buying the dip and it keeps
going lower and lower and then sometimes
it pushes up and you think you're a
winner but your average price is still
above where the market had pushed to
that's the failure of a lot of people
that get into crypto so try to avoid
that personally I like the strength and
it continues to pay dividends so the
harsh realities for the traditional
markets moving quickly on from the
altcoins is that interest rates may
increase and not get cut we're seeing it
again it's starting to shift into this
increase into the next meeting now of
course it's 99% chance that it remains
at 5 a half% but we at the beginning of
the year we did not even see any
possibilities of interest rates
increasing and now we're starting to see
it more and more regularly look at this
side this is the increase to 5 and 34
this is where we currently are at 5 and
a half% next meeting seems almost
guaranteed it's going to remain on pause
the meeting after that almost guaranteed
that it remains on pause then you go to
the meeting after that in September it's
sort of a flip a coin between a cut and
a pause but we never had this um so
regularly like we did like we're having
now uh we didn't see it at the beginning
of the year so to me I think these are
potentially going to again continue to
shift to the right and interest rates
remain on Paws and eventually the Market
will figure out that interest rates are
going to remain on pause and that things
are going to be okay for the next period
of time into this final Peak before
stuff gets serious so the market I think
is adjusting we've seen a correction now
on the S&P 500 so pretty significant
pullback here to uh 5300 points still
not the end of the world you can put
your 50% in play you could come back and
test 5166 and we're still within the
strong half of the 50% tool here so
again a correction pretty significant
volume let's wait and see what happens
with this Market the same deal for the
NASDAQ again another correction here low
to high we're looking at
18,60 for a potential correction point
there for a support in the strong half
on top of that we saw the US dollar push
up last night so just push back above
105 and get uh almost a close above 105
it's currently sitting above 105 at the
moment so it might be putting a little
bit more pressure onto those asset
prices now with that in mind we have
been following the seasonality of the
year and we can see through May April
through to June that there are periods
where you do get Corrections we have
seen relatively strong push out of April
into this new top in May but it doesn't
seem like the market is doing anything
too different to what it's done in
previous election years this one here
takes us up to date a little more so
thanks to Almanac Trader uh we can see
that we've had a pull back into this low
and then the move up into May got us to
a new all-time high and then this slight
correction over the last day brings it
back down the green line you can see has
been basically a correction into the end
of May and then starts to push higher
basically what they're saying from here
this is your quarter 1 quarter 2 quarter
three and then quarter uh should just
write four there there's four
essentially those last seven months push
higher on the market now there are
Corrections Corrections Corrections
Corrections and more and more
Corrections and through those times the
majority will think oh it's over this
time it's over this time because when
you look at how long they last that
whole period of July looks like a
correction there you also get a
correction in all election years here in
the black line so for half the month you
also get a correction from September
into October just before the election
that's almost 2 months of down and so
all we've seen so far is roughly a month
of down and a month of up so imagine if
we started to fall into some sort of two
months of negative prices on the stock
markets that would feel like it's the
end like this is over the blowoff top
came in and basically the markets are
heading down from now on but you can
still see that it put in higher lows and
then continued to take off to the end of
the year so I'm still on watch for this
nothing has really change when it comes
to the seasonality of the stock markets
in an election year which still gives me
don't want to say hope but it still
shows from the data itself they were in
a macro uptrend which would still be
positive for Bitcoin and
cryptocurrencies coming towards the uh
end of 2024 and potentially into 2025 as
well Link in the top of the video
description and the pinned comment for
Tia premium the Sal is on until tomorrow
don't miss out on that let's go 35,000
likes thanks again for your support guys
I'll see you back at the next video so
until then take care and peace out
تصفح المزيد من مقاطع الفيديو ذات الصلة
URGENT: Don’t Miss Out On What’s Next For Crypto! [PRICE TARGET SET]
BREAKING: Bitcoin is Entering the Biggest Stock Market Correction in Over 6 months! (Watch ASAP)
BITCOIN: WATCH IN THE NEXT 48 HOURS...
Bitcoin rejected, crypto crash and fade continues (here’s your chance)
ETHEREUM ERREICHT $3500 PREISZIEL ! NIEMAND IST VORBEREITET AUF DIESEN BREAKOUT ! ETH Chartanalyse
劇的な金利高。6月利下げはないかも(4月1日 #PAN米国株)
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