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It has been a very interesting Bart week for $BTC 😂
Let's see what next week will bring us!
BTC-1.97%
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Are we still in a bull market?
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Next Wednesday, December 10th, we’ll get the FOMC interest rate decision. With a 94% probability of a rate cut, the market has largely priced this in already.
The real highlight next week will be Powell’s speech following the decision.
As we head into the weekend, don’t expect much action until Monday.
So enjoy your weekend, you’re not missing much.
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Almost $500M got liquidated in the past 24 hours!
If you were one of them, I know exactly how that feels, everyone starting out in this game has been there.
If you want to make money in this market, you need a clear plan with entry, invalidation, and take-profits.
To level up and stop losing money, consider joining my group:
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Stocks, gold, and silver are up, but Bitcoin and other cryptos are down again!
Momentum isn’t with crypto at the moment, but it will return at some point.
These prices are great for buying more Bitcoin for the long term.
Buy when others are fearful.
BTC-1.97%
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🚨Breaking:
🇺🇸 CORE PCE
Actual: 2.8%
Expected: 2,8%
Previous: 2,7%
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Netflix has officially announced its acquisition of Warner Bros. for $82.7 billion.
It’s down -4% because of this news.
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🇺🇸 White House adviser Kevin Hassett says it’s ‘time for Fed to cautiously reduce rates’ and ‘there’ll be a bigger rebound in first quarter.’
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Only exceptionally strong PCE data in 10 minutes can prevent $BTC from dropping below $90,000.
BTC-1.97%
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BlackRock deposits 1,384.7 $BTC ($120.3 million) and 799 $ETH ($2.5 million) to Coinbase.
BTC-1.97%
ETH-3.51%
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🇺🇸FED pumping money into the banking system
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Tomorrow, crucial PCE data drops.
This is our final look at U.S. inflation before the next FOMC meeting on December 10.
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$BTC
We're still in the range between $80,000 and $93,000.
As long as we don't see a breakout, you just go short in the red box and long in the green box.
It’s not that difficult.
In case we do see a breakout, you have a stop-loss.
Don’t be scared, just play it.
BTC-1.97%
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Consolidation in the boring 2% range continues for $BTC.
I still anticipate a move back down, but it needs a bit more time.
Maybe the PCE report tomorrow can finally give us a breakout from this tight range.
BTC-1.97%
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Is that you again, Bart? $BTC
BTC-1.97%
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🇺🇸 Today at 8:30 ET: Initial jobless claims.
Previous: 216K - Expected: 220K.
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Most people turn bearish at support and bullish at resistance.
That’s the wrong mindset.
You need to think and approach the market differently from the majority, because the majority lose money.
If you trade like them, you’ll end up like them.
Think differently.
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$ETH dominance has been showing strength since the Fusaka update went live!
Let’s see if this trend continues in the coming days.
A strong ETH is great for all alts
ETH-3.51%
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Don’t long at resistance! $BTC
BTC-1.97%
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