Alpha
ETH ~ $1800 BTC ~ $34500 SOL ~ $38 All mentioned here at the bottom on Oct/01.. Congrats if you played! think $SOL won't see $20 again this run.
$SOL is around $100. as mentioned two months ago when it was around $22..
Large binance withdrawals now could be cold wallet suffels and large USDT mints and exchange deposits could be demand for large USD outs/cash, something to keep in mind the other perspective... more intel soon!
Read the yearly predictions last for 2023.
None of them predicted anything correct for 2023, including FTX, Bitcoin ETFs, Solana/Ethereum run, L1/L2 rotation, meme season, etc.
So, skipped all predictions for this year.
None of them predicted anything correct for 2023, including FTX, Bitcoin ETFs, Solana/Ethereum run, L1/L2 rotation, meme season, etc.
So, skipped all predictions for this year.
Alpha
Regarding $TRB recent move. Since August 30, the whale has withdrawn 443,268 TRB from Binance and OKX, accounting for 12%+ of the total supply, with an average withdrawal price of $16.36. The whale deposited 131,825 TRB into Binance on September 4, when…
Accumulation alert mentioned for $TRB at $18 – now it's at $550.
Search for $TRB to find related forward-impacting alerts at different price levels, all based on order books/on-chain data..
Search for $TRB to find related forward-impacting alerts at different price levels, all based on order books/on-chain data..
two Major events this week (Bitcoin ETF & NFP)
When 95% of traders are anticipating a sell the news event, it's almost always going to opposite of it.
Sell the news happens when it's unexepected..
When 95% of traders are anticipating a sell the news event, it's almost always going to opposite of it.
Sell the news happens when it's unexepected..
The Bitcoin ETF Clear Picture:
The SEC is expected to approve a Bitcoin spot ETF around January 10, 2024, following the approval of a futures ETF. This comes after the SEC's loss in a US court ruling regarding the conversion of Grayscale Bitcoin Trust (GBTC) to an ETF, signaling a shift towards favoring spot ETFs.
Over the past two years, the SEC has held frequent meetings with Wall Street's ETF companies, discussing the specifics. This suggests a reluctance to outright reject the idea, considering the extensive dialogue with major wealth managers.
The appeal of a Bitcoin ETF lies in its liquidity and volatility, which are attractive to ETF brokers for generating fees and managing assets. This is akin to profiting from selling tools and supplies during a gold rush.
Many baby US investors in the US, now middle-aged or older and holding significant wealth, are interested in Bitcoin but deterred by the technical complexities of purchasing and securing it. Additionally, regulatory policies prevent some wealth institutions from directly buying Bitcoin. An ETF offers these groups a way to indirectly invest in Bitcoin and participate in its value fluctuations.
Furthermore, a US Bitcoin spot ETF would allow global investors to contribute funds, potentially enabling the US to attract more capital, which could align with its interests.
The SEC is expected to approve a Bitcoin spot ETF around January 10, 2024, following the approval of a futures ETF. This comes after the SEC's loss in a US court ruling regarding the conversion of Grayscale Bitcoin Trust (GBTC) to an ETF, signaling a shift towards favoring spot ETFs.
Over the past two years, the SEC has held frequent meetings with Wall Street's ETF companies, discussing the specifics. This suggests a reluctance to outright reject the idea, considering the extensive dialogue with major wealth managers.
The appeal of a Bitcoin ETF lies in its liquidity and volatility, which are attractive to ETF brokers for generating fees and managing assets. This is akin to profiting from selling tools and supplies during a gold rush.
Many baby US investors in the US, now middle-aged or older and holding significant wealth, are interested in Bitcoin but deterred by the technical complexities of purchasing and securing it. Additionally, regulatory policies prevent some wealth institutions from directly buying Bitcoin. An ETF offers these groups a way to indirectly invest in Bitcoin and participate in its value fluctuations.
Furthermore, a US Bitcoin spot ETF would allow global investors to contribute funds, potentially enabling the US to attract more capital, which could align with its interests.
Alpha
Different firms Bitcoin targets.
think Bitcoin won't see a new ATH this year.
Old-dino coins will continue to make moves, even reaching new ATHs.
New stuff will add more growth and hype in crypto, including Celestia, ZKs (Zero-Knowledge Proofs), Roll-ups, Solutions etc.
Old-dino coins will continue to make moves, even reaching new ATHs.
New stuff will add more growth and hype in crypto, including Celestia, ZKs (Zero-Knowledge Proofs), Roll-ups, Solutions etc.
(re-calling)
New coins, full of hope, lacking bagholders, and with a team still not rich and incentivized to create hype.
new run new coins, People forget about the old stuff, people tend to forget about the older IPhone model when the next one comes out...
Many projects are/will be closing funding rounds. Scanning for projects with good potential could fall under that category, especially those with strong teams that are not hyped enough.
New coins, full of hope, lacking bagholders, and with a team still not rich and incentivized to create hype.
new run new coins, People forget about the old stuff, people tend to forget about the older IPhone model when the next one comes out...
Many projects are/will be closing funding rounds. Scanning for projects with good potential could fall under that category, especially those with strong teams that are not hyped enough.
A friend from the 2018 run, who shares very in-depth insights and shares real-time thoughts (totally free), can be found at https://news.1rj.ru/str/moonbagsnotes.
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Moonbags Markets
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https://twitter.com/lordmoonbags
This channel will be forever free and I take no donations. Thank you.
https://twitter.com/lordmoonbags
The market is reacting to news that the SEC might reject the Bitcoin ETF, as evidenced by the price action
Suits are testing liquidity [with the rejection news coming from their end.]
They're frontrunning the holders, u can sell on this news & they can continue the run forward with the ETF.
Volatility is what they thrive on, benefiting from fees, spreads, and margins.
They're frontrunning the holders, u can sell on this news & they can continue the run forward with the ETF.
Volatility is what they thrive on, benefiting from fees, spreads, and margins.