CryptoCapo TG
GM U.S. CPI data will be released today at 8:30 AM ET (in 3 hours). This data is key for the Fed’s next move. The current expectation is for a small rate cut of 25bps at next week’s meeting (September 18). However, if the data is very positive, a 50bps rate…
Today, September 11, 2024, U.S. inflation for August came in at 2.5%, just below the expected 2.6%. It’s the lowest in over three years.
With inflation cooling off more than expected, the chances of a rate cut at their next meeting just got stronger.
With inflation cooling off more than expected, the chances of a rate cut at their next meeting just got stronger.
👀237👍152🔥101❤95
CryptoCapo TG
Many ALTS/BTC charts looking good for a strong bounce. We just need a bullish confirmation on BTC (reclaim of $60k), which is likely to happen soon.
GM!
U.S. PPI data coming today. BTC slowly climbing towards $60k levels, while some altcoins continue to outperform.
Exciting times ahead.
U.S. PPI data coming today. BTC slowly climbing towards $60k levels, while some altcoins continue to outperform.
Exciting times ahead.
❤456👀158🔥142👍117
Coinbase has launched cbBTC, an ERC20 token backed 1:1 by Bitcoin, enabling BTC holders to use DeFi platforms on Ethereum and Base. This could lead to more liquidity flowing into altcoins as BTC is utilized in DeFi, supporting the idea of an upcoming altseason. As BTC moves into these decentralized ecosystems, the demand for altcoins should rise.
Also, next week is going to be interesting, with events that could impact the market:
- Trump's World Liberty Financial Announcement (X Spaces) - September 16
- FOMC and Federal Reserve Interest Rate Decision - USA, September 18
- TOKEN2049 event - Singapore, September 18-19
- Solana Breakpoint 2024 event - Singapore, September 19-21
The timing is perfect. As mentioned before, ALTS/BTC seem to be bottoming, and BTC is forming a new bullish trend on lower timeframes that could take it higher.
I wish you all a blessed weekend!
Also, next week is going to be interesting, with events that could impact the market:
- Trump's World Liberty Financial Announcement (X Spaces) - September 16
- FOMC and Federal Reserve Interest Rate Decision - USA, September 18
- TOKEN2049 event - Singapore, September 18-19
- Solana Breakpoint 2024 event - Singapore, September 19-21
The timing is perfect. As mentioned before, ALTS/BTC seem to be bottoming, and BTC is forming a new bullish trend on lower timeframes that could take it higher.
I wish you all a blessed weekend!
❤567👍187👀122🔥121
CryptoCapo TG
BTC looks ready for $60ks.
BTC is finally trading back above $60k 🔼
Now the focus should be on altcoins.
Now the focus should be on altcoins.
Please open Telegram to view this post
VIEW IN TELEGRAM
❤568👀189🔥172👍100
CryptoCapo TG
$ETH / BTC Interesting htf level.
$ETH / $BTC
I see a lot of FUD for this pair. However, let's not forget it's at a major htf support and the downtrend appears to be overextended.
Based on this, I'm expecting a bounce soon.
I see a lot of FUD for this pair. However, let's not forget it's at a major htf support and the downtrend appears to be overextended.
Based on this, I'm expecting a bounce soon.
👀238❤116👍86🔥70
Nice pump! 🔼
This is why it's very important to ignore short-term corrections and stay focused on the bigger picture.
This is why it's very important to ignore short-term corrections and stay focused on the bigger picture.
Please open Telegram to view this post
VIEW IN TELEGRAM
❤438🔥141👀121👍106
Current market situation
$BTC has reclaimed the $60k level, which is an important pivot point. Liquidity zone above the last ATH seems more likely now.
On the other hand, the Bitcoin dominance (BTC.D) is at a major htf resistance level, and the uptrend is losing strength. This idea is supported by the bottom formation on the altcoins dominance chart (OTHERS.D). This is why despite using BTC as a reference for market direction, the focus and money should be on altcoins.
In my opinion we are about to enter an important impulsive bullish wave, where altcoins should outperform. The plan is clear.
$BTC has reclaimed the $60k level, which is an important pivot point. Liquidity zone above the last ATH seems more likely now.
On the other hand, the Bitcoin dominance (BTC.D) is at a major htf resistance level, and the uptrend is losing strength. This idea is supported by the bottom formation on the altcoins dominance chart (OTHERS.D). This is why despite using BTC as a reference for market direction, the focus and money should be on altcoins.
In my opinion we are about to enter an important impulsive bullish wave, where altcoins should outperform. The plan is clear.
❤514👍143👀135🔥103
CryptoCapo TG
Coinbase has launched cbBTC, an ERC20 token backed 1:1 by Bitcoin, enabling BTC holders to use DeFi platforms on Ethereum and Base. This could lead to more liquidity flowing into altcoins as BTC is utilized in DeFi, supporting the idea of an upcoming altseason.…
FOMC and Federal Reserve Interest Rate Decision, today at 7pm (GMT+1) ⏰
The market reaction pre and post is going to be more important than the data. There's probably going to be volatility, so avoid leverage.
Let's see!
The market reaction pre and post is going to be more important than the data. There's probably going to be volatility, so avoid leverage.
Let's see!
❤361👍145👀82🔥80
CryptoCapo TG
FOMC and Federal Reserve Interest Rate Decision, today at 7pm (GMT+1) ⏰ The market reaction pre and post is going to be more important than the data. There's probably going to be volatility, so avoid leverage. Let's see!
Fed Cuts Interest Rates by 50 Basis Points
Good market reaction so far🔼
Good market reaction so far
Please open Telegram to view this post
VIEW IN TELEGRAM
❤490🔥180👍125👀120
It looks like the previous pump was the test pump, and this dump below $60k is a bear trap.
👀441❤200👍159🔥124
CryptoCapo TG
FET/ASI Still bullish on htf.
$FET ($ASI) update
Downtrend broken and 80% up from support.
Downtrend broken and 80% up from support.
❤317🔥90👍72👀39