Bullish!! We nailed SPX bottom on the liquidity zone. Even more bullish for $coin.

Just imagine what happens when we get the ETF approval…. And Blackrock uses Coinbase as their exchange.
If this happens, I believe $Coin will be the best performing stock in the SPX500

BREAKING: 🇺🇸 Federal Reserve pauses interest rate hikes, remains at 5.25% - 5.50%.

@WatcherGuru

By the way, the european central bank didn't raise as well. Altough Europe is not very useful for short-term pumpamentals, it still is fundamentally important for all markets.

1$ now, so clean 2x now. Good point to take profit now and rotate somewhere else. Sushi is a dead coin, not trying to make any false impression here :D Was a giga good setup tho. I am going to hodl anyways. I am not selling anything as long as we are >30k btc.

I stand with BTC >30k = bullrun. Only buying dips here and holding. I will start selling in 10-12 months.

BTW: DXY still very important to watch. If we hit the 107 top and we push through, we need to be very careful. Powell not giga bullish. More rate hikes are possible. I personally think we just will hold out for a long time. All indicators they use to consider rate hikes like unemployment rate, infaltion, GDP etc. are lagging indicators. We can see that those indicators are starting to move (Inflation is down from its peak, unemployment goes up, only GDP increased).

Their job is to make sure the economy doesn't die.

Giga inflation = dead
Too high rates = dead.

/2
So do not forget that they cannot indefinitely increase their hikes. There needs to be a stop at some point. If you look at my Money supply analysis: It has not decreased that substantially yet but markets are still down bad. As long as the money supply doesn't really increase, everything is effectively losing a lot of value and we just get poorer. I do not expect stocks and crypto to crash much further !!unless!! we really have a big ecnomocial crash (which is very possible). If it is not, we will go further sideway chop until the market gets more confident.

I do believe the best strategy is to have some money left to be prepared but I personally do not expect a giga crash coming anymore. This is just my bias and there is still a good chance for a crash.

^ money supply showcase below

BTW I do believe ETH/BTC reversal is imminent. ETH is overdue for a pump and pushing alts back to the levels where they belong (further up)

Powell just answered a question that hes expecting something like max 2 more rate hikes but they are looking isolated on every new meeting. This aligns with my expectations

SPX hitting 200D MA (as resistance). If we pump through the next days, I am giga bullish for the short-term at least

Interesting addition from my friend Dennis.
Absolutely nailed it.

I think they want to scare markets that they aren't done, but won't hike anymore

If they say they won't hike anymore, everyone will go mega long, and inflation comes back.

The scenario of pausing and raising and pausing and raising is what caused the situation where we had to get Paul Volkered back in the 80s. I don't see them doing that.

Inflation = inflation expectations.

As long as they control the naritive and have people expect more raises to come, they'll be good.

I think they will keep the interest rate higher for a long time, paused, until they fully see the effects in a trend going the right way (months or quarters). Before cutting rates (which they can do at a fast pace also, much faster than raising rates).

Beautiful breakout: Retest of resistance and now off we go. Next target is 15$ ish, then 20

Very simple chart I made a while ago:
Each bearmarket pretty much lasted exactly 1 year. If history repeats, we are getting 1 more correction for the big bull that we are all waiting for. But remember, it never is 1.1 the same, A slight correction might do it as well.

It is starting already

And there is a lot to grow longer-term

Add: first we need to break $12.5 which is the 200d ma

Every alt is still undervalued