Moonbags Markets – Telegram
Moonbags Markets
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This channel is for my own personal thoughts only. Not financial advice. I take no responsibility for anyone's losses or gains.

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https://twitter.com/lordmoonbags
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Levels I'm watching

90k BTC -> 74-80k
ETH 3845 -> 3555
SOL 210 -> 188
Total3 ATH
Forwarded from unfolded.
MICROSOFT SHAREHOLDERS VOTE AGAINST BITCOIN INVESTMENT PROPOSAL, PRELIMINARY VOTES SHOW
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Forwarded from Tree News (Tree News Bot)
[🌲] BlackRock (IBIT) Daily BTC Flows: +296.0m: BBG
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Moonbags Markets
Market update (12/9/2024): Bias: Day 16 Downtrend (continuous). Week 13 Uptrend (continuous) Analysis: The daily downtrend on BTC has played out as a sideways move with prices going to 90k first then reaching over 100k before coming back to the price I…
Market update (12/11/2024):

Bias: Day 1 Uptrend. Week 13 Uptrend (continuous)

Analysis:

Just a quick update. Looks like we have a new confirmed daily uptrend. I now expect us to take out ATH and move higher in the intermediate term. The sideways consolidation and wicks gave some good buying opportunities although probably too shallow for most people.

Bullish unless the daily uptrend is negated. Unfortunately never tested the zone today to figure out where it would negate. Expect this level to rise per day. I'm guessing its in the 99k area. Will update if I see something.

Average Daily uptrends last 17-26 days.

Actions:

Bitcoin is a bid now for it's next leg up. Only other major that seems to have confirmed a new daily uptrend is SOL. Some strong alts which have reverse their downtrend include PEPE, SUI, and AAVE. DOGE and SEI is still recovering but I expect this to blast off when it does. I am also anticipating most other alts to also recover their uptrend but not as confident as the symbols above.

Status: Inactive
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Moonbags Markets pinned «Market update (12/11/2024): Bias: Day 1 Uptrend. Week 13 Uptrend (continuous) Analysis: Just a quick update. Looks like we have a new confirmed daily uptrend. I now expect us to take out ATH and move higher in the intermediate term. The sideways consolidation…»
Will HYPE get listed on a tier 1 CEX before 2025?
Anonymous Poll
61%
Yes
39%
No
Market update (12/16/2024):

Bias: Day 6 Uptrend. Week 14 Uptrend (continuous)


Analysis:

Ultra quick update, looks like alt season is cancelled by Mr Bitcoin himself.

Rampaging rally into new highs while alts are now reeling. Aside from the few alts which have a very strong narrative going for it like Trump coins (AAVE, LINK, ENA, ONDO, etc etc) , AI, NFTs, and HYPE eco, best to seek cover in BTC itself. Alts look like they are going into a bearish reversal or continued daily downtrend. I think ALTs may bleed for a bit here.

Honestly, this has taught me every single cycle, one of these type of events happen and its nothing new. The expectation that Trump was going to kickstart Alt season did not come to fruition, despite some attempts and even his wallet buying millions of alts.

We will simply keep waiting for that day to come, nothing else to say.


Actions:

-Buy Bitcoin
-Buy trending alts
-Buy capitulations on non-trending alts or accumulate them


Status: Inactive
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Moonbags Markets pinned «Market update (12/16/2024): Bias: Day 6 Uptrend. Week 14 Uptrend (continuous) Analysis: Ultra quick update, looks like alt season is cancelled by Mr Bitcoin himself. Rampaging rally into new highs while alts are now reeling. Aside from the few alts which…»
Forwarded from Watcher Guru
JUST IN: 🇺🇸 Federal Reserve Chair Jerome Powell says the Fed is "not allowed to own Bitcoin."

@WatcherGuru
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Not gonna make a full report.

Just know this week has to bounce or we are in serious danger
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Enjoy the holidays lol
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Pretty solid odds the weekly close today will be scammy cuz it's right before yearly open

No report yet as you still cannot draw anything from this low liquidity condition close
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Happy New Year
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Moonbags Markets
Market update (12/16/2024): Bias: Day 6 Uptrend. Week 14 Uptrend (continuous) Analysis: Ultra quick update, looks like alt season is cancelled by Mr Bitcoin himself. Rampaging rally into new highs while alts are now reeling. Aside from the few alts which…
Literally nothing has changed since this report other than a 2 week fakeout on low liquidity conditions. Still don't see semblance of an alt season other than some solo narratives going wild.
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Forwarded from unfolded.
Bybit will temporarily restrict services in India starting January 12 — link
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Moonbags Markets
Market update (12/16/2024): Bias: Day 6 Uptrend. Week 14 Uptrend (continuous) Analysis: Ultra quick update, looks like alt season is cancelled by Mr Bitcoin himself. Rampaging rally into new highs while alts are now reeling. Aside from the few alts which…
This report continues to give

More alts nuking

Btc still at 100k despite shakeouts and fakeouts

Trending plays still trending and moving higher

Onchain nonsense happening left and right lasting only a few days at most

Stop giving them your bitcoin and keep stacking the stuff you have conviction on

Don't let the narratives dictate your strategy

This may go on for a while until I see definitive evidence that it's over
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More .eths dropping the tag
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