Crypto News: BTC, Trump, Biden, ETH ETFs, Rate Cuts, WLD, HNT & MORE!

Summary

The Coin Bureau Weekly News discusses the impact of Donald Trump's pro-crypto stance and his upcoming speech at the Bitcoin conference on crypto markets. It also covers the potential effects of Joe Biden not seeking a second term and the launch of spot Ethereum ETFs on market dynamics. The video speculates on price movements for Bitcoin and Ethereum, considering various bullish and bearish catalysts, including macroeconomic factors and the possible decoupling of crypto from traditional stocks.

Takeaways

• 🗣️ Donald Trump's increased chances of becoming president following an assassination attempt could be bullish for crypto, as he has positioned himself as a pro-crypto candidate.
• 🎉 Trump's VP pick, JD Vance, is a crypto supporter and this, along with support from other industry figures, could put crypto back in the spotlight for retail investors.
• 📈 The potential for Trump to speak at the Bitcoin conference in Nashville is a significant event, as no presidential candidate has ever done so before, and could spark renewed interest in crypto.
• 🤔 The decision by Joe Biden not to seek a second term and the uncertainty of who will become the Democratic nominee could impact crypto markets differently, depending on the nominee's stance on crypto.
• 💡 The launch of spot Bitcoin ETFs and the inflow of over $1 billion could be a bullish signal for BTC, potentially leading to a rally to new all-time highs.
• 🔄 The macro backdrop with political and geopolitical uncertainties might affect crypto markets, but the focus remains on crypto-specific catalysts for the moment.
• 📊 The weekly Ballinger band moving average is a significant indicator for BTC's market phase, with being above it suggesting a bull phase and below it suggesting a bear phase.
• 💰 The absence of BTC sales from Mount Gox creditors and the presence of bullish catalysts make a bullish scenario for BTC more likely.
• 📈 The upcoming listing of spot Ethereum ETFs is expected to be very bullish for ETH and the broader crypto market, potentially leading to significant price increases.
• 🔑 The correlation between ETH's price and leverage in DeFi, as well as the ETH to BTC pair being a proxy for altcoin strength, suggests that an increase in these could signal an 'alt season'.
• 🌐 Federal Reserve signaling potential interest rate cuts could have mixed effects; while it might stimulate the economy, historical correlations suggest it could also precede market crashes.

Q & A

What is the significance of Donald Trump's upcoming speech at the Bitcoin conference in Nashville?

Donald Trump's speech at the Bitcoin conference is significant because it is the first time a presidential candidate has spoken at a crypto conference. This could potentially bring crypto back into the spotlight for retail investors in the US.

How might Donald Trump's stance on crypto influence the crypto market?

Trump's pro-crypto stance and his potential to become president could be bullish for the crypto market. His VP pick, JD Vance, also holds BTC and is not a fan of the SEC, which could further support the crypto market.

What is the potential impact of Joe Biden not seeking a second term on the crypto market?

Joe Biden's decision to drop out could initially cause a pump in BTC, but the long-term impact depends on who becomes the Democratic nominee and their views on crypto. Kamala Harris, who Biden is backing, has unknown views on crypto, which adds uncertainty.

What are the possible outcomes for BTC if it breaks above the Ballinger band moving average?

If BTC breaks above the Ballinger band moving average, it could quickly rally to new all-time highs, specifically to around $77,000. Conversely, if it gets rejected, BTC could quickly fall to recent lows, specifically to around $57,000.

What is the potential catalyst for BTC to reach new all-time highs?

A potential catalyst for BTC to reach new all-time highs could be Trump considering adding BTC as a reserve asset for the US government, which would be a significant move in the crypto space.

What is the expected impact of the spot Ethereum ETFs listing on the crypto market?

The listing of spot Ethereum ETFs is expected to be very bullish not just for ETH, but for the crypto market more broadly. It could open the door to additional spot crypto ETFs in the future, potentially increasing demand for ETH and other altcoins.

What could be the effect of the Federal Reserve signaling lower interest rates on the crypto market?

Lowering interest rates by the Federal Reserve could stimulate the economy and the markets, potentially leading to a rotation from large cap stocks into small cap stocks and altcoins. This could benefit the crypto market by proxy, although historically, rate cuts have been correlated with market crashes.

What are the potential benefits of a Trump presidency for the crypto market?

A Trump presidency could create certainty for crypto due to the likelihood of pro-crypto regulations being passed. Trump's pro-growth policies and desire for a weaker US dollar could also be beneficial for the crypto market, as crypto is inversely correlated with the US dollar.

What is the current state of retail investor interest in crypto?

Retail investor interest in crypto is currently at its lowest in years, with recent data suggesting that retail-related BTC transactions are the lowest they've been since 2021. This means that most of the money flowing around the crypto market is mercenary capital and experienced retail investors from previous cycles.

What are the potential short-term targets for ETH if it breaks above its key resistance level?

If ETH breaks above its key resistance level, it could rally as high as $4.9k. Conversely, if there are large net outflows, then ETH could fall as low as $2.9k.

Outlines

00:00

🌐 Crypto News: Trump's Impact and Bitcoin Conference

This week's crypto news focuses on Donald Trump's influence on the crypto market. Trump's recent actions, including his attendance at the Bitcoin conference in Nashville, have been significant. His pro-crypto stance and the potential for a second presidential term could boost the crypto industry. The video discusses how Trump's survival of an assassination attempt might increase his popularity and, by extension, the value of cryptocurrencies. The crypto community, including prominent figures like the co-founders of a16z, have shown support for Trump. Additionally, the potential for a Bitcoin ETF and the impact of Joe Biden's decision not to seek a second term are discussed. The video also speculates on the future of crypto, particularly Bitcoin and Ethereum, in light of these political developments.

05:01

📈 Bitcoin Rally and ETF Inflows

The second paragraph delves into the recent rally of Bitcoin, attributing it to a combination of spot Bitcoin ETF inflows and short traders being squeezed. Over $1 billion flowed into ETFs, leading to a rally that reached $67k, a significant level according to the Ballinger band moving average. The discussion covers the potential for Bitcoin to reach new all-time highs if it can break above this key level, or fall to recent lows if rejected. The paragraph also touches on the absence of sales from Mount Goau creditors, which is seen as a bullish sign, and the broader macroeconomic backdrop, including potential geopolitical and political uncertainties that could affect the crypto market.

10:02

🔍 Ethereum ETFs and Market Speculation

The third paragraph discusses the upcoming launch of spot Ethereum ETFs and its potential impact on the crypto market. The video speculates on how high Ethereum could go, with the possibility of reaching $3.9k or even $4.9k based on net flows into the ETFs. The discussion also considers the broader implications for Ethereum and adjacent cryptocurrencies, such as layer 2 tokens, which could see significant gains. The paragraph highlights the importance of retail investor interest and the potential for a rotation of gains from Bitcoin into Ethereum, signaling a possible altcoin season. Additionally, the potential for interest rate cuts by the Federal Reserve and their historical correlation with market crashes is explored, with a focus on how these cuts could paradoxically be bullish for crypto.

15:03

🚀 Top Performing Cryptos and Market Analysis

In the fourth paragraph, the focus shifts to the top-performing cryptocurrencies of the week, including Dogecoin, Worldcoin, Helium, Floki, and Pepe. Each of these coins is analyzed in terms of their recent price movements and potential future performance, with key resistance and support levels highlighted. The paragraph also discusses the broader market context, including the potential for a Trump presidency to create certainty for the crypto market and the impact of interest rate cuts on stock and crypto markets. The video concludes with a look at the potential for crypto to decouple from stocks, driven by factors such as a second Trump presidency or Federal Reserve actions.

20:05

🏆 Weekly Crypto Review and Upcoming Content

The final paragraph wraps up the weekly crypto review, summarizing the key points discussed in the video and encouraging viewers to engage with the content. It highlights the importance of the top-performing cryptos and their potential short-term targets, reminding viewers to join the Coin Bureau Insider Telegram Channel for more updates. The video also promotes the Coin Bureau's deals page, offering significant trading fee discounts and sign-up bonuses. Additionally, viewers are encouraged to check out the Coin Merch store for crypto-related merchandise, with links provided in the video description.

Keywords

💡Crypto

Crypto refers to cryptocurrencies, which are digital or virtual currencies that use cryptography for security and operate independently of a central bank. In the video, crypto is the central theme, with discussions on its market movements, political influences, and the impact of various events on its value.

💡Donald Trump

Donald Trump is a former U.S. President and a U.S. presidential candidate mentioned in the script. His potential impact on the crypto market is discussed, particularly his pro-crypto stance and the speculation around his political future affecting crypto investor sentiment.

💡Bitcoin (BTC)

Bitcoin, often abbreviated as BTC, is the first and most well-known cryptocurrency. The script discusses its price movements, its potential to reach new all-time highs, and its correlation with macroeconomic factors and political events.

💡Ethereum (ETH)

Ethereum, or ETH, is a cryptocurrency and blockchain platform that supports smart contracts. The script mentions its upcoming spot ETFs and how they could influence Ethereum's price and market dominance.

💡ETFs

ETFs, or Exchange-Traded Funds, are investment funds traded on stock exchanges, similar to individual stocks. The script discusses the launch of spot Bitcoin and Ethereum ETFs and their potential impact on the crypto market, indicating a possible influx of institutional and retail investments.

💡Interest Rates

Interest rates are the cost of borrowing money and are set by central banks. The script suggests that potential cuts in interest rates by the Federal Reserve could influence the crypto market, possibly causing a decoupling from traditional stock markets.

💡Altcoins

Altcoins are cryptocurrencies other than Bitcoin. The script discusses how altcoins could benefit from various factors, such as the rotation of investments from Bitcoin to Ethereum ETFs and the potential decoupling of crypto from traditional markets.

💡DeFi

DeFi stands for Decentralized Finance, a financial system built on blockchain technologies that aims to be more open and accessible than traditional finance. The script mentions the correlation between Ethereum's price and leverage in DeFi, as ETH is commonly used as collateral in DeFi platforms.

💡Retail Investors

Retail investors are individual investors rather than institutions. The script notes the current low level of retail investor interest in crypto and how this could change with increased market activity and the potential influence of political events.

💡Macro Backdrop

The macro backdrop refers to the broader economic and political environment that can influence financial markets. The script mentions a bearish macro backdrop due to political uncertainty and geopolitical instability, which could potentially affect the crypto market.

💡Bullish Catalysts

Bullish catalysts are events or conditions that could positively influence the price of an asset. The script identifies several bullish catalysts for the crypto market, such as the launch of Ethereum ETFs, Donald Trump's political activities, and potential interest rate cuts.

Highlights

Donald Trump reaffirms his pro-crypto stance ahead of a historic speech at the Bitcoin conference in Nashville.

Joe Biden announces he won't seek a second term, causing a surge in Bitcoin's value.

BTC spot ETFs accumulate billions, indicating a potential new all-time high for Bitcoin.

The potential listing of spot Ethereum ETFs on Tuesday sparks investor speculation.

Federal Reserve signals interest rate cuts, positively impacting small cap stocks and altcoins.

Last week's top-performing cryptos and their potential future movements are analyzed.

The failed assassination attempt on Trump might have kickstarted a crypto recovery rally.

Trump's VP pick JD Vance's support for crypto and his dislike for the SEC could influence crypto regulations.

The crypto industry's support for Trump and the potential impact on retail investor interest.

Trump's consideration to add BTC as a US government reserve asset could significantly affect the market.

The uncertainty of Kamala Harris's stance on crypto following Biden's withdrawal.

The Ballinger band moving average as a key indicator for Bitcoin's market phase.

The macro backdrop's bearish signals and their potential impact on the crypto market.

The launch of spot Ethereum ETFs and its expected bullish effect on the crypto market.

Ethereum adjacent cryptos and layer 2 tokens could see larger gains following the ETF launch.

Retail investor interest in crypto is at an all-time low, indicating a shift in market dynamics.

The potential for spot Bitcoin ETF investors to rotate into spot Ethereum ETFs, affecting market prices.

Federal Reserve's rate cut signals and their paradoxical impact on stock and crypto markets.

A Trump presidency could create market certainty for crypto but uncertainty for stocks.

Review of last week's top-performing cryptos and analysis of their short-term targets.

Transcripts

welcome to the coin Bureau Weekly News

rounder my name is Jessica and my name

is guy here are the top stories in

crypto this

[Music]

week Trump's crypto bet US presidential

candidate Donald Trump doubles down on

crypto ahead of his historic speech at

the Bitcoin conference in Nashville

while incumbent Joe Biden announces he

won't seek a second term everything you

need to know Wales by BTC spot Bitcoin

ETFs accumulate billions in BTC as Mount

goau creditors continue to hoddle

instead of selling when could BTC hit a

new all-time high Ready Set ETF

exchanges confirm that the spot ethereum

ETFs will list on Tuesday while

investors speculate about their flows

how high or low could eth go rate Cuts

coming

fed officials signal that interest rates

will be brought down causing small cap

stocks and altcoins to go up why rate

Cuts could cause crypto to decouple from

stocks and a closer look at last week's

top performing cryptos and where they

could be headed next all this and More

in just a moment crypto staged a

recovery rally last week and it's

possible that the Catalyst that kicked

it all off was the failed assassination

attempt on Donald Trump this sounds

crazy until you realize that Trump

surviving the attempt on his life has

reportedly increased his chances of

becoming president at least according to

the polls when you remember that Trump

has been positioning himself as a pro

crypto presidential candidate then an

increase in the chances of him winning

is therefore bullish for crypto For

Better or For Worse the fact that

Trump's VP pick JD Vance isn't a fan of

the SEC or Gary Gensler and holds BTC is

really the cherry on top the craziest

part of it all is just how much the

crypto industry has been throwing its

weight behind Trump co-founders of VC

firm a16z have signaled their support

while there's no shortage of other

industry figures vocally getting behind

him not surprisingly Trump seems to be

returning the favor despite almost dying

last weekend Trump has confirmed that he

will be speaking at the Bitcoin

conference in Nashville later this week

for those unaware a presidential

candidate has never spoken at a crypto

conference before so this is a pretty

big deal more importantly this could be

the Catalyst that puts crypto back in

the spotlight for retail investors in

the US take a second to consider that

over 74 million people voted for Trump

in 2020 this means that there could be

Millions possibly tens of millions of

people paying attention to his

appearance at the Bitcoin conference

this will put BTC in the spotlight and

could reignite retail interest in crypto

and yes we know this is a Bitcoin

conference not a crypto conference and

we also know that Donald Trump isn't a

Bitcoin Maxi that's because he launched

his previous nft collections on ethereum

and eth happens to be one of his largest

crypto Holdings at least as of June it's

safe to assume then that his next nft

collection will also be launched on

ethereum meanwhile most Trump related

mem coins seem to be on salana whereas

Trump's nft Antics are likely to result

in an increase in demand for eth and

usage of ethereum his Antics more

generally are likely to result in an

increase in demand for soul and the

usage of salana the caveat in this case

is that Trump is reportedly considering

announcing that he will consider adding

BTC as a reserve asset for the US

government this would be truly crazy and

could very well be the Catalyst that

takes BTC to new all-time highs it could

also leave eth soul and other altcoins

in the dust whatever the case there's no

question that what Trump does and says

in Nashville will move the crypto

markets and that these moves are likely

to be to the upside how much this will

benefit BTC versus altcoins remains to

be seen but one thing is for sure

millions of people will be watching and

many will like L buy now when it comes

to Joe Biden's decision to drop out of

the presidential race the impact on

crypto is harder to assess BTC has

pumped to around 68k in the wake of

yesterday's announcement but a lot now

depends on who becomes the Democratic

nominee in his place Biden is backing

his VP kamla Harris whose views on

crypto if indeed she has any are unknown

she does have ties to Big Tech which

could be inter interpreted as a positive

for crypto or she could aim to continue

the Biden administration's war on the

industry and it's not even certain that

she will be the one to run against Trump

in November we will have to watch and

wait on this one though one thing is for

sure this presidential race just got a

whole lot more interesting but back to

BTC which continued its recovery rally

last week as the Fallout from the

attempt on Trump's life continued now

this second leg higher seems to have

been due to a combination of spot

Bitcoin ETF inflows and short Traders

being squeezed that's because there were

over $1 billion of inflows into the ETFs

and over $200 million of short

liquidations the result was a sudden

rally to 67k which happens to be where

the Ballinger band moving average is on

the weekly for context the weekly

Ballinger band moving average has been a

significant zone of support and

resistance being above it means BTC is

in a bull phase and if BTC is below it

bare phase the fact that BTC is hitting

the Ballinger band moving average on the

weekly is therefore a big deal if BTC

can break back above this key level it

could quickly rally to new all-time

highs specifically to around 77k

conversely if it gets rejected BTC could

quickly fall to recent lows specifically

to around 57k we will likely find out

which way BTC will break in the next

week in the absence of BTC sales from

Mount ga's creditors the bullish

scenario seems more likely this is

simply because Mount goau creditors

selling BTC seems to be the only bearish

Catalyst and it looks like said

creditors aren't too keen on selling on

the flip side there's no shortage of

bullish catalysts that could take BTC

higher this week if you're subscribed to

our Weekly Newsletter you're already

know what these are if you aren't then

be sure to subscribe to our newsletter

to get our weekly Market forecast using

the link in the description now the

caveat is that the macro backdrop is

looking a bit bearish for example major

stock indices such as the S&P 500 and

the NASDAQ have experienced large

pullbacks and could continue falling if

this happens then it could dampen the

rally in BTC and crypto more broadly or

even cause a correction from our

perspective these pullbacks appear to be

due to political and geopolitical

uncertainty politically does Joe Biden

announcing his decision not to run for a

second term and all the speculation

around who will run in his place and

their views on crypto by the way we

recently did a video on this very topic

which you can find in the description

below and what would a second Trump

presidency mean for the markets

meanwhile geopolitically there's growing

instability in the Middle East and

Ukraine which isn't really anything new

so far this bearish macro backdrop

hasn't really affected crypto very much

but this could change if we see

something like say accusations that

crypto is being used to fund certain

militant groups some of you may recall

that this is exactly what happened last

Autumn and it contributed to the

correction back then thankfully though

crypto factors continue to be in the

driver's seat and that means the next

seven days could bring more up only if

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trading fee discounts of 70% and sign up

bonuses of

$100,000 will help your portfolio grow

but these deals won't be around for long

so be sure to take advantage of them

using the link down below now speaking

of bullish catalysts the launch of the

spot ethereum ETFs tomorrow is going to

be very bullish not just for eth but

crypto more broadly that's just because

it will open the door to additional spot

crypto ETFs in the future with salana

likely being the next altcoin in line

more about that in the description

moving on so this begs the question of

How High eth could go when the spot

ethereum ETFs launch well the answer

ultimately depends on the net flows into

the ETFs as well as the speculation

around their launch the chart suggest

that speculation around the listing

alone could be enough to take eth as

high as 3.9k after that the net flows

will be front and center the charts

suggest that eth could rally as high as

4.9k if there are large net inflows

conversely if there are large net

outflows then eth could fall as low as

2.9k again given the bullish crypto

catalysts in play it seems that the

upside scenario is more likely for

reference a rally up to 4.9k would

translate to a percentage gain of around

40% for e and we'll be doing a complete

ethereum ETF video tomorrow so make sure

you're subscribed and have your

notifications on to get that when it

drops now as impressive as a 40% gain

for eth sounds it's nothing when you

realize that ethereum adjacent cryptos

such as layer 2os could see even larger

gains in turn the mean coins on these

layer 2s could see even larger gains

still than the layer 2 tokens themselves

of course this assumes that retail

investors will return to the crypto

Market in number as you may have heard

retail investor interest in crypto is

the lowest it's been in years with

recent data from crypto Quant suggesting

that retail related BTC transactions are

the lowest they've been since

2021 this is extremely important as it

means that most of the money slot ing

around the crypto Market is mercenary

capital and experienced retail investors

from previous Cycles in turn this means

that we may not see the same degree of

investor rotation that we had in

previous crypto Cycles or at least not

yet The Only Exception is the spot ETFs

and this is where things will get

interesting it is possible that spot

Bitcoin ETF investors will begin

rotating their gains into the spot

ethereum ETFs when they launch this

would not only increase eth's price but

also increase its dominance relative to

BTC in the market as a fun fact eth's

price is directly correlated to leverage

in defi as eth is the main form of

collateral used to borrow stable coins

to buy more crypto similarly an increase

in the eth BTC pair is essentially a

proxy for not just eth strength but also

altcoin strength eth BTC Rising means

that alt season is coming with a bit of

luck this would be enough to encourage

more rotation into altcoins something

which has been noticeably absent from

this crypto Market cycle so far believe

it or not but this could start changing

as soon as this week and that's for two

reasons Donald Trump and interest rates

now this ties into another Tailwind that

could take crypto higher this week and

that's additional signaling from the

Federal Reserve that interest rates will

soon be coming down FYI lowering

interest rates will make it easier to

borrow and make debts less expensive

stimulating the economy and the markets

the reason why the FED increased

interest rates to begin with was to

fight inflation that's because

increasing interest rates makes it

harder to borrow and makes debts more

expensive causing the economy and the

markets to slow down obviously the

markets haven't slowed down that much

this has been due to a combination of

fiscal policy AKA government spending

and investors constantly expecting the

FED to lower interest rates in recent

weeks government spending and investor

expectations of rate Cuts have gone into

overdrive which has driven the stock

markets to alltime highs more recently

the prospect of fed Cuts has resulted in

some rotation from large cap stocks into

small cap stocks which could be a

contributing factor to the

aforementioned pullback they've been

experiencing if this rotation continues

then small caps could finally start

outperforming large caps and because

small caps seem to be correlated to

altcoins altcoins could therefore

benefit by proxy there's just one

problem however and that's that fed Cuts

have historically been correlated with

Market crashes this is because

historically the FED would only start

cutting when the economy or the markets

imploded naturally this has led to

speculation that recent comments by fed

officials signaling lower interest rates

are something that's paradoxically

bearish for the markets which could also

be a contributor to the aforementioned

pullback in stocks the catch is that

crypto is the best at pricing things in

in other words it's possible that fed

Cuts could be bearish for stocks but

bullish for crypto because crypto

investors know that money printing is

coming it would be analogous to what

happened during the banking crisis last

spring stock crashed but crypto actually

rallied especially BTC now this would be

a GameChanger as it would effectively

cause crypto to decouple from stocks

completely to bring you up to speed the

prospect of a decoupling is something

that crypto investors have been talking

about for years but it's something that

hasn't really happened yet anyway

besides fed cuts the Catalyst that

causes crypto to decouple from stocks

could could actually be a trump

presidency that's because a trump

victory in November would create

certainty for crypto due to the

likelihood of pro crypto regulations

being passed but it could cause

uncertainty for stocks due to changes in

domestic policy and

geopolitics realistically though a trump

Victory would probably be bullish for

all assets besides Trump's progrowth

policies it's believed that he wants a

weaker US dollar as it's more

stimulative for the economy and the

markets crypto just so happens to be

inversely correlated with the US dollar

dxy down crypto up now we'll be taking a

closer look at what a trump presidency

could mean for the crypto Market later

this week so be sure to keep your eyes

peeled and with all that said it's about

time we looked at last week's top

performing cryptos so Jessica take it

away thank you guy well last week's top

performing cryptos were dog with hat

worldcoin helium flaky and pepe starting

with dog with hat with a PS2 of Pumped

in response to souls rally which seems

to have been driven by confirmation that

the spot ethereum ETFs would soon be

listing you recall that salana seems to

be next in line for spot ETFs of its own

whff is struggling to get above a key

resistance level of around

$2.5 if if it breaks above wi could

rally to

$3.5 if it gets rejected wi could fall

to

$1.5 recall there seems to be a lot more

bullish crypto Catalyst these days but

also remember the bearish macro backdrop

next up we have worldcoin wld appears to

have pumped in response to the news that

the controversial project has delayed

the unlock of 80% of its tokens by 2

years the Practical effect of this is

that there will be less sell pressure

and apparently also more skepticism

around worldcoin itself like with wld is

struggling to get above a key resistance

level of around

$2.5 the difference is that wld could

rally to $4 if it breaks above it and

could fall as low as $1.5 if it gets

rejected some would say that it would be

best for wld to get rejected but let's

not go there there is more about

worldcoin in the description when it

comes to helium h&t appears to have

pumped in response to a progress update

published by helium mobile which is the

joint venture between helium and

T-Mobile which leverages helium's

Hotspots for mobile connectivity it also

appears that helium mobile has hit over

100,000 registered users as you might

have guessed h&t is struggling to get

above a key resistance level of around

$4.5 if it breaks above it could rally

as high as $6 if it gets rejected it

could fall as low as

$4.5 as for Floy it appears to have

pumped in response to the Project's

ongoing transition from a memec coin to

a play to earn crypto fascinating stuff

now lo and behold flaky is still

struggling to get above a key resistance

level of around

.2 which I refer to as two for

Simplicity while speaking to you all

about it anyway if it breaks above it

could rally as high as 25 and if it gets

rejected it could fall as low as5 that's

a potential gain of over 40% versus a

potential loss of around

25% just FYI finally we have Pepe which

appears to have pumped in response to

various promotions on different crypto

exchanges including binance and

crypto.com pepe is struggling to get

above a key resistance level of around

0.00002 again which I referred to as 12

just for reference if it breaks above it

could rally as high as 15 and if it gets

rejected it could fall as low as 9

that's a potential gain of over 20%

versus a potential loss of

25% just F1 Yi and keep in mind that

these are all short-term targets and if

you want to keep track of cryptos which

are pumping but also where you can trade

them then be sure to join the coin

Bureau Insider telegram Channel using

the link down in the

description and that's all for today's

coin Bureau weekly crypto review if you

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watching and we'll see you all in next

week's episode

[Music]