Moonbags Markets
Day 11 of uptrend, usually lasts 17 to 27 days, still no weekly flip but could happen soon if we break above 88k area to 90k (unconfirmed).
Day 12 uptrend, Week 1 uptrend, still waiting on Sunday close for weekly to confirm
This is gonna be the wall of worry zone. What you want to see is negative headlines get ignored while price still goes up. Potentially a full week of short squeezing if we can hold this area.
This is gonna be the wall of worry zone. What you want to see is negative headlines get ignored while price still goes up. Potentially a full week of short squeezing if we can hold this area.
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What if?
Globals buying BTC as digital gold
Burgers buying BTC as risk on
Globals buying BTC as digital gold
Burgers buying BTC as risk on
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Moonbags Markets
Day 12 uptrend, Week 1 uptrend, still waiting on Sunday close for weekly to confirm This is gonna be the wall of worry zone. What you want to see is negative headlines get ignored while price still goes up. Potentially a full week of short squeezing if we…
Day 14 uptrend, Week 1 uptrend (unconfirmed)
Have seen scenarios like this before where the daily uptrend is getting long in the tooth while the weekly is just getting started or not confirmed yet. Price action during these times is extremely unpredictable with traps on both sides.
Have seen scenarios like this before where the daily uptrend is getting long in the tooth while the weekly is just getting started or not confirmed yet. Price action during these times is extremely unpredictable with traps on both sides.
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Moonbags Markets
Day 14 uptrend, Week 1 uptrend (unconfirmed) Have seen scenarios like this before where the daily uptrend is getting long in the tooth while the weekly is just getting started or not confirmed yet. Price action during these times is extremely unpredictable…
Day 1 downtrend (unconfirmed), Week 2 uptrend (confirmed)
Entering into uncertainty short term. Could be consolidation, could be wall of worry grinding, could be faking out. No one knows and those that do are full of shit here. Weekly looks good though but I wouldn't be shocked if it is a bull trap. Keep a good watch over your bags.
Entering into uncertainty short term. Could be consolidation, could be wall of worry grinding, could be faking out. No one knows and those that do are full of shit here. Weekly looks good though but I wouldn't be shocked if it is a bull trap. Keep a good watch over your bags.
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Moonbags Markets
Day 1 downtrend (unconfirmed), Week 2 uptrend (confirmed) Entering into uncertainty short term. Could be consolidation, could be wall of worry grinding, could be faking out. No one knows and those that do are full of shit here. Weekly looks good though but…
Day 3 downtrend, Week 2 uptrend
Daily downtrend now underway. Would like to see 89-90k level hold over the next few weeks, which would signal a continuation is likely. If it doesn't hold then it would signal a fakeout and that would be quite bad.
Remember that overconfidence is a killer in these types of market condition so you still need to watch over your bags. Will keep more updates coming.
Daily downtrend now underway. Would like to see 89-90k level hold over the next few weeks, which would signal a continuation is likely. If it doesn't hold then it would signal a fakeout and that would be quite bad.
Remember that overconfidence is a killer in these types of market condition so you still need to watch over your bags. Will keep more updates coming.
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Moonbags Markets
Day 3 downtrend, Week 2 uptrend Daily downtrend now underway. Would like to see 89-90k level hold over the next few weeks, which would signal a continuation is likely. If it doesn't hold then it would signal a fakeout and that would be quite bad. Remember…
Week 3 uptrend, day 13 downtrend. Looks like a weekly dominant cycle so far, daily might not even matter during this phase but would not be shocked if we get a minor buyable drawdown.
All dips are bids unless <89k, which would need a reasses.
A major news story could potentially send us to ATH even if we dip. Still alot of shorts to squeeze.
All dips are bids unless <89k, which would need a reasses.
A major news story could potentially send us to ATH even if we dip. Still alot of shorts to squeeze.
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Day 15 downtrend, week 4 uptrend. The fact that we are already into day 15 of this daily move and shows no sign of ending tells me we are in some kind of extended trend.
Dip buying season
Dip buying season
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The reason why we can't get Alt season started is because the weekly momentum never lines up with daily momentum
The two always being divergent gives off a feeling of unease and weak hands dump during this feeling
The two always being divergent gives off a feeling of unease and weak hands dump during this feeling
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Give it < 1 month or so and I believe it should line up
June is likely the time
June is likely the time
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Moonbags Markets
Day 15 downtrend, week 4 uptrend. The fact that we are already into day 15 of this daily move and shows no sign of ending tells me we are in some kind of extended trend. Dip buying season
Day 31 downtrend, week 6 uptrend
Have not seen anything like this in decade + of trading I've done. That is all I have to say. This looks like pure stagnation. I will remain in a neutral position until things change.
Have not seen anything like this in decade + of trading I've done. That is all I have to say. This looks like pure stagnation. I will remain in a neutral position until things change.
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Day 37 downtrend (confirmed), week 7 uptrend
Finally the market showed it's hand and confirmed the downtrend on BTC. The picture is now much clearer than it was the past few weeks.
It should now resolve within a week or 2 before the next uptrend. As long as we hold 89k (might be higher now, untested) think we are good. Currently still working out some downward pressure and bear flagging. Perhaps we see another plunge lower or sideways before we move up.
On the other hand, OTHERS has started going into recovery mode and working on an uptrend. Currently Day 2 uptrend on my count but if BTC plunges again, I expect it to fail. However, I also expect it to make a higher low which would pretty much send us into the long awaited Alt season. Should it make another new low, we would go back to more of the same that we have seen in 2025.
Think the overall strategy is the same. Wait it out or buy dips.
Finally the market showed it's hand and confirmed the downtrend on BTC. The picture is now much clearer than it was the past few weeks.
It should now resolve within a week or 2 before the next uptrend. As long as we hold 89k (might be higher now, untested) think we are good. Currently still working out some downward pressure and bear flagging. Perhaps we see another plunge lower or sideways before we move up.
On the other hand, OTHERS has started going into recovery mode and working on an uptrend. Currently Day 2 uptrend on my count but if BTC plunges again, I expect it to fail. However, I also expect it to make a higher low which would pretty much send us into the long awaited Alt season. Should it make another new low, we would go back to more of the same that we have seen in 2025.
Think the overall strategy is the same. Wait it out or buy dips.
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Moonbags Markets
Day 37 downtrend (confirmed), week 7 uptrend Finally the market showed it's hand and confirmed the downtrend on BTC. The picture is now much clearer than it was the past few weeks. It should now resolve within a week or 2 before the next uptrend. As long…
Day 2 Uptrend (unconfirmed), Week 8 uptrend
We are finally lining up on both the Daily and Weekly timeframe as expected from last week's update
I expect a strong uptrend from everything from this point on, most of the gains will be made here.
Invalidation would be if we reverse the gains since the June 5 bottom, which would set up a bull trap
We are finally lining up on both the Daily and Weekly timeframe as expected from last week's update
I expect a strong uptrend from everything from this point on, most of the gains will be made here.
Invalidation would be if we reverse the gains since the June 5 bottom, which would set up a bull trap
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Forwarded from Whales Crypto Guide
🥳 Shopify rolls out #USDC payments via MetaMask, powered by Coinbase.
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