Crypto Mumbles
observe volume - pretty huge volume on the weekly weekly market structure broken - higher high established price trend likely to change in the coming weeks
current volume surpasses the volume that took us to a bull run in 2020
more people are fleeing into bitcoin -> more people are aware of bitcoin
with worries of hyperinflation and people fleeing the dollar, gold and btc are the options left
https://twitter.com/0xfoobar/status/1637529271328559104?s=21&t=NwmlGPonSw8TMs3gws_NTw
more people are fleeing into bitcoin -> more people are aware of bitcoin
with worries of hyperinflation and people fleeing the dollar, gold and btc are the options left
https://twitter.com/0xfoobar/status/1637529271328559104?s=21&t=NwmlGPonSw8TMs3gws_NTw
ethereum repricing in april after Shanghai to be expected, but i doubt it'll be very huge due to the market's confidence (or as it seems so far) in Ethereum
https://www.bloomberg.com/news/articles/2023-03-16/ethereum-s-shanghai-upgrade-to-enable-withdrawals-set-for-april?leadSource=uverify%20wall
https://www.bloomberg.com/news/articles/2023-03-16/ethereum-s-shanghai-upgrade-to-enable-withdrawals-set-for-april?leadSource=uverify%20wall
FOMC RATE HIKE ESTIMATES
NOMURA - 25 BPS ( EXPECTS RATE CUT)
BARCLAYS 0 BPS
CREDIT SUISSE 0 BPS
GOLDMAN SACHS 0 BPS
BMO 25 BPS
CIBC 25 BPS
CITI 25 BPS
BLOOMBERG 25 BPS
JP MORGAN 25 BPS
GURGAVIN CAPITAL 25 BPS
MORGAN STANLEY 25 BPS
RBC 25 BPS
KPMG 50 BPS
NOMURA - 25 BPS ( EXPECTS RATE CUT)
BARCLAYS 0 BPS
CREDIT SUISSE 0 BPS
GOLDMAN SACHS 0 BPS
BMO 25 BPS
CIBC 25 BPS
CITI 25 BPS
BLOOMBERG 25 BPS
JP MORGAN 25 BPS
GURGAVIN CAPITAL 25 BPS
MORGAN STANLEY 25 BPS
RBC 25 BPS
KPMG 50 BPS
remember to check eligibility for $ARB drop!
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I thought I wasn't but turns out I can claim some too
it's free $
https://arbitrum.foundation/
Arbitrum Foundation
The Arbitrum Foundation empowers the development and governance of Arbitrum technology and helps foster growth and success within the ecosystem.
🔥1
pretty wild guess here
but i'm looking for a pullback to $25k range
likely to be ranging in the days to come for consolidation before proper attempts to break $30k - $32k
unless... something major happens that immediately sends us above the psychological resistance
idt we'll break it on first try (but who knows its crypto and im a pleb)
but i'm looking for a pullback to $25k range
likely to be ranging in the days to come for consolidation before proper attempts to break $30k - $32k
unless... something major happens that immediately sends us above the psychological resistance
idt we'll break it on first try (but who knows its crypto and im a pleb)
👍1
Crypto Mumbles
pretty wild guess here but i'm looking for a pullback to $25k range likely to be ranging in the days to come for consolidation before proper attempts to break $30k - $32k unless... something major happens that immediately sends us above the psychological…
FOMC would likely trigger the pull back here since the average returns post FOMC is -7%
"Meanwhile, given the possibility that the Fed will either hike and pause, or pause entirely, it’s worth remembering that the bulk of recession-associated bear markets in the stock market occurred after the Fed pivoted away from further rate hikes. A “pivot” typically reflects the Fed’s assessment that something just broke."
Crypto Mumbles
tldr; exit the melt up after fed starts cutting back i/r the fed starts to cut back when they sense something is wrong w the market at the same time, it sets up the market for the next QE impulse aka expansion https://youtu.be/cJL6H_tFNlo
the article agrees w this video the point of exiting the melt up after fed starts to cut back i/r (aka pivot)