Prior to a reversal, Powell will increase rates by 0.5 on 12th December. The bear trap!! A black swan event is in play. Everything will be crushed, and they will buy it back for pennies. With a bad scenario, silver could drop to $14. The real wealth lies in gold and silver. The modern world is not the place for your paper money.
Just like Bitcoin, XRP will benefit in the term too.
Before the Fed meeting in December, the market will respond to Powell's decision, which should cause bitcoin prices to spike. Bulls will benefit in the short run. $12000 BTC is still conceivable.
You are aware that the silver paper market is a fraud. The exchanges and computers are under JP Morgan's supervision, so when they deem it appropriate, the price will rise. Silver is undervalued and is manipulated, as we all know. Physical premiums will certainly skyrocket. If you don't hold on to your silver, it belongs to someone else. Similar to...
If DXY continues taking a pause, commodities could see a move and break out but it will be short term move. Gold will likely see $1300 before any move up to $10k. great buying opportunity and to position yourself for the future. Physical gold is true wealth and has been for 1000's years. Nothing will change. Fiat Currency is dead and the age of digital money and...
Elon Musk just like SBF has plenty to offer too little to show. Just have to see how long Elon can sweet talk his way to new capital. Tesla need a correction from a the funny money that was pumped by the FED in the last two years. Black swan event maybe, with a big sell of like march 2020, before a bounce back.
Bitcoin will make one more wave down, likely -15% from these prices before a reversal. Another exchange going down or a tech stock crash will likely be the trigger. Bullish after one more break :)
Need to have this on your watch list. This coin is doing major work behind the senses with regulators and will do great in the next wave. 2023 will be bullsih for risk assets. this is one of those assets that will do will. if you buy make sure to take your coins off the exchanges.
I would be very nervous! cut your loss and get out while you can. This coin is on the $1 path and can even go sub $1. This project is likely to be added in the coin trash pile with FTX and Crypto.com. News before the News ;)
Songbird Network and its SGB token is developing great and eco system is growing. The network hasn't faced any major issues since its lunch and even with how the markets as been behaving its not impacted Songbird plans. BULLISH on this coin!! soon wave 5. will be buying on its way down sub 1 cent. Don't miss a great opportunity.
So we are on the weekly chart here, will need time to develop. If we see a high low by the end of September then will see WOO price increase. September can be a dangerous month so be careful out there. Short-term bearish but on the macro, all the way bullish!!!
EOS has been grinding at these levels for a few days now. Bitcoin has had a huge influence on price movement so far. Sell pressure around the $5 is high so if it's broken down, the possibility for a nice pump.
Looks like RUNE is ready for a breakout! short term target of around $12. keep in mind how Bitcoin is behaving, it all is based on how bitcoin moves in the next few candles.
WAVE 3 COULD BE PLAYING OUT HERE, down in the short time frame but bullish overall. We shall watch this and see if it plays out. will update if anything new comes out
PATTERN SET FOR CONTINUATION, above the 50% so looking good. will keep watching its development.
AXS looks ready for its next leg up. looks like l3 is in. As long as Bitcoin continues its move up, we should see a break soon.
QTUM looks primed for its next leg up. Waiting to see if we will get lower 3 before jumping in.
LOOKS LIKE LOWER HIGH 3 IS IN AND SHOULD SEE NEO BREAK TO THE UPSIDE SOON. LONG entry with leverage that will put your liquidation below the previous lower high(L2)