Will these previous cycles become invalidated for the current cycle technicals when..when the US BTC reserve is announced. It’s coming and short term flush outs should be seen as buying opportunities.
@@Eric-qm5xw Just because there is a potential US BTC Reserve does not mean BTC will pump. Typically the market would crash when something like that is announced - sell the news event.
True. The major crypto influencers are just promoting the coins with shithead faces thumbnails and begging for likes. No integrity, no self awareness. These 2 and trading parrot are high quality content.
I really enjoy your videos and watch them every day. Most of the time you speak at a normal pace and I easily follow along. But when you read quickly from your script it's obvious it's being read with almost no break for sentence endings and that's hard to keep up with.
Been wondering this before the drop. But it would seem like a good time to get out of some alts until we go lower. Maybe get into better positions in a couple weeks based on alt against BTC strength
A bunch of my alts have dropped way past their 50% levels but part of me wonders if it’s worth trying to manage the risk at this point since down so much already
Got that in alts. BTC is stable with amount of money in it it is not easy to get that big corrections like before. I think around 20% could be it for corrections in future. OFc if we expect to continue up after it.
@@MoonPumpweekly corrections are much deeper and healthy - if you have been in crypto longer a bullrun can easily correct 30-50% and then rally further - what we have seen so far is nothing - but feels like a lot if you bought at the top
Thanks alot I like to say: Happy, Healthy, Wealthy, and Wise. Happiness is first, because (if) one can maintain a Happy mindset first place in all circumstances then all the rest follow.. In the end you become wise... lol
@saturupiah5940 yeah, it's just unfortunate that this last alt run only got me back to break even because I traded coins at the bottom of the last big crash. Not sure what the deal is with xrp. It always has one big run, but always dies off.
With this latest dump, many new leveraged short positions have been opened. On the liquidation heat map most liquidity is now sitting above us. I am actually expecting a major short squeeze coming going into Christmas. After that we might make a new ATH just before the year end, then a bigger sell off in January. That's what I am currently seeing in the data and charts on the short to medium time frames. A lot of YT'ers now preaching we're going lower or even that the bull market is over, when the majority is yelling that most of the time the opposite is happening. Market makers love to fool retail and grab liquidity from the greedy hands! That's how the game is played 😎
Wow you’re so GOOD. Thanks to you I’ve managed to sell my biggest plays pretty much at the very top😮 best decision I’ve ever made. And I’ve been in crypto since 2017 made lots of mistakes and learned a lot also. Did FOMO in on something though lol but it’s still good overall and I’ll just seat through on that for the next and final leg up. I have to update all my non English speaking friends now on everything all the time🤣 they think I’m a crypto guru even though I keep telling them you are the one who’s really good, they don’t care since they can’t understand English and can’t watch your videos 🙈 thank you 🙏
Top-tier content as always! You have this way of making even the most intricate topics feel accessible. If anyone can give Step Finance the detailed breakdown it deserves, it’s you! Looking forward to seeing what you think about them. 🌟
Fantastic video, love the analysis! Your takes are always so thorough and well-researched. You’ve truly set the bar for crypto content creators. By the way, I’ve been watching Step Finance for a while now, and they’re really starting to get noticed. Would love to see a full breakdown on their platform. 🚀
TL;DR Bitcoin is showing early signs of a Wave 4 correction within its Elliott Wave structure, which could lead to further downside. While short-term trends indicate weakness, the macro trends remain intact, provided key support levels hold. Critical levels include $99k-$100k (psychological support), $92k-$93k (macro support), and $3 Trillion total market cap for the crypto market. Corrections are healthy for bull markets, resetting sentiment and structure, but failure to hold support could signal a deeper pullback.
crypto fear and greed index is 100% broken (the one that we are looking at). Still shows 75% greed. LOL, where as Stocks fear and greed at 29 almost extreme fear territorry. We can see and feel the panic in crypto but that useless index never update 🤣
Great video! I can’t say enough about my investment coach Katrina Susan-she’s completely turned my life around. I started with a small investment, and now I’m finally free from debt. I’ll always share her work with others because she’s truly made a difference in my life. Thank you, Katrina!
Think about this: you could work 40 years to save $1M for retirement, or make smart investments now and grow your wealth faster. Wishing success and prosperity to everyone who reads this
🔴 TIA PREMIUM SALE ON NOW → tiacrypto.com/subscribe/
We appreciate you !
When Jerome Powell wears a purple tie, we pump. This is clearly a short term trend to flush out the paper hands.
Camel 🐫 crew👊 🙏🏻
@@crypto_chick_ If you know, you know.
Will these previous cycles become invalidated for the current cycle technicals when..when the US BTC reserve is announced. It’s coming and short term flush outs should be seen as buying opportunities.
@@Eric-qm5xw Just because there is a potential US BTC Reserve does not mean BTC will pump. Typically the market would crash when something like that is announced - sell the news event.
I love listening to Michael it just reinforces the truth that no one has a clue about how any of this is going to go going forward.
Correct - No one does. Game of probabilities.
Except the market maker knows
Bitcoin is heading to 110k.Some people still believe you can't make money in cryptocurrency
Yes, you're right. how can we make it now in cryptos?
I'm new to trading.
As beginner, it's essential for you to have a mentor to keep you accountable.
Who's this expert guiding you? if you know any please share
Rosina Kimbrough Crypto
just what i needed to hear thanks much michael
Appreciate your extra time Michael
Cheers mate!
Excellent analysis thanks
Pizzino Bros Financial ✨
Thanks Michael. Very high level analysis, broadcast with honesty/transparency. Appreciate it
Thank you Michael
Pleasure mate.
This correction is brutal af my portfolio is down heavily I definitely needed this to stay level headed and logical
Should of taken profits instead of being a bag holder.
@ I bought my coins at a low price still in massive profits but rather less massive profits now
Just ride it. Those that shift from coin to coin get wrecked
Thanks Mike. Your macro analysis is well on point 👍🏽
good shit good shit, always clear and level-headed logic here playing the probabilities game with discipline
high value content this is - thank you very much
Really these guys are the only youtubers worth giving time of day to. I'm sure the other crypto try hards watch these vids before making there own.
True. The major crypto influencers are just promoting the coins with shithead faces thumbnails and begging for likes. No integrity, no self awareness. These 2 and trading parrot are high quality content.
Thanks Michael
Elliot waves time frames be off, it never catches the downside targets perfect nor upside
I really enjoy your videos and watch them every day. Most of the time you speak at a normal pace and I easily follow along. But when you read quickly from your script it's obvious it's being read with almost no break for sentence endings and that's hard to keep up with.
tying my hand down trying not to panic sell - thank you for analysis mate
Many thanks Michael , always great to listen to you 🎉🎉🎉
Great job mate. Thanks
Yo, you’re speaking facts, love the input man, really appreciate the analysis. Very key points you spoke, I owe you lol 🔥
I’m getting so used to your pace, I have to fast forward everyone else 😂😂😂
Great video. Thank you
Cheers mate!
Great video with awesome data points! Thank you, Michael!
My pleasure!
You nailed it mate. How can i get a training from you
Thanks Mick.
No worries mate!
Been wondering this before the drop. But it would seem like a good time to get out of some alts until we go lower. Maybe get into better positions in a couple weeks based on alt against BTC strength
A bunch of my alts have dropped way past their 50% levels but part of me wonders if it’s worth trying to manage the risk at this point since down so much already
@enswert might be better to hold, it's not guarantee we'll go down further
Grade A content as always
whats your view on bitcoin miner stocks?
Brilliant!!!
I emotionally bought bought bought the dips when it down 105000, 103000, 101000 today because i remember how regret i saw the price 108000 yesterday❤
Hey at least you're not chasing price up.
Am I right in thinkin the major wave 5 is bigger than the major wave 3? So this is a commodity blow off top?
5 % in Crypto IS Not a correction. We need a 30-35% correction.
Got that in alts. BTC is stable with amount of money in it it is not easy to get that big corrections like before. I think around 20% could be it for corrections in future. OFc if we expect to continue up after it.
Appreciate you sir 🙏
Wen Lambo?
You talk like we haven’t been getting corrections on a weekly basis lol
Look at the weekly chart. There has not been a weekly lower low in 6 weeks.
@ look at the daily chart. I don’t need to look at a weekly chart to see the clear consistent corrections we’ve had and currently having rn.
@@MoonPumpweekly corrections are much deeper and healthy - if you have been in crypto longer a bullrun can easily correct 30-50% and then rally further - what we have seen so far is nothing - but feels like a lot if you bought at the top
@@MoonPumpwhat? An average correction for the current marketcap would be around 25%.
We have not seen that for a while now
No owners, no bots, just the smartest token on the planet! 🌍💡
Michael, thanks for the early upload!! Perfect timing 👍
Wth this is really early for you
Large amount of outflows today... Bro your calls are great, like the 60k call some time ago 🤣
One Love!
Always forward, never ever backward!!
☀☀☀
💚💛❤
🙏🏿🙏🙏🏼
Drag it out drag it out
Don't talk about how severe the crash was put a positive spin on it.
They will never know how screwed they are.
So, a minus 7.72% correction is a "severe crash" now? 🙄 Better liquidate all your holdings now! Oh the humanity!!!
the phrase is "zoom out" fuckin chicken little over here, clown
We're sitting on support
Calm down everyone it's just a fake out
ahahahahahaha *_BONK_*
Take a breath mate- jeeez
Thanks alot
I like to say: Happy, Healthy, Wealthy, and Wise.
Happiness is first, because (if) one can maintain a Happy mindset first place in all circumstances then all the rest follow..
In the end you become wise... lol
The Bull's over. 32k incoming
Lol why would it be over, 30k's maybe 2026
No matter what happens alt coins go down 😂
F&G only dropped to 75 Greed...
F Powell. He did this in 2021 right at Christmas. He knows what this does to people. Guess hes giving a gift to Trump, handing him a down market.
LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Why? Judging by his track record it’s clear that Trump is more than capable of doing that himself.
@@shawn47240ok😂
lol, we're just retesting the 100K and the clowns started talking about revisiting 74K and 69K
Exactly
Dude!
Alts did not need this, we already got wrecked the other day 🤬
Welcome to the market
Welcome to the rodeo
They’ve had a good month, especially XRP. Not sure why?
@saturupiah5940 yeah, it's just unfortunate that this last alt run only got me back to break even because I traded coins at the bottom of the last big crash.
Not sure what the deal is with xrp. It always has one big run, but always dies off.
Thanks for the content Bullzzino i got an uber yesty and the driver was looking at charts. Social indicators are rife the top could be near
Buy Bitcoin. Ignore the noise.
Thank God I dumped all mine 2 days ago now I just need it to go down 50% so I can rebuy it
I wasn't embarrassed to be shaken out of my Solana. Hoping the community can target my $201 buy.
Lol didn't it go to $206
@@abc876 But my buy filled on Binance at $201. Low was $200.78. Maybe your coinbase sir?
If you ever out in n south east Asia in the next 2 years I would love to buy a dinner for you and your family 😊
lol everyone is a genius… every rise some has a chart showing higher!! Every dip some has a short showing lower lol no one is right
A lot of crap on YT right now after they kept saying market is going to 6T and 7T dollars 😂
With this latest dump, many new leveraged short positions have been opened. On the liquidation heat map most liquidity is now sitting above us. I am actually expecting a major short squeeze coming going into Christmas. After that we might make a new ATH just before the year end, then a bigger sell off in January. That's what I am currently seeing in the data and charts on the short to medium time frames. A lot of YT'ers now preaching we're going lower or even that the bull market is over, when the majority is yelling that most of the time the opposite is happening. Market makers love to fool retail and grab liquidity from the greedy hands! That's how the game is played 😎
This is ridiculous, literally making is wait till 2025
btc drop, btc dom drop, alts slowly going up. btc up, btc dom up., alts stop pumping.
Wow you’re so GOOD. Thanks to you I’ve managed to sell my biggest plays pretty much at the very top😮 best decision I’ve ever made. And I’ve been in crypto since 2017 made lots of mistakes and learned a lot also. Did FOMO in on something though lol but it’s still good overall and I’ll just seat through on that for the next and final leg up. I have to update all my non English speaking friends now on everything all the time🤣 they think I’m a crypto guru even though I keep telling them you are the one who’s really good, they don’t care since they can’t understand English and can’t watch your videos 🙈 thank you 🙏
Not first!
👍👍💯
Top-tier content as always! You have this way of making even the most intricate topics feel accessible. If anyone can give Step Finance the detailed breakdown it deserves, it’s you! Looking forward to seeing what you think about them. 🌟
That’s very interesting every major UA-camr. It’s calling the top even MM Crypto.
Did you watch the video?
Yeah did you watch both those videos until the end?
🙏
Stick with $BTC this bull market is just about $BTC.. everything else just a shit show including $ETH
Looks like a simple retest of breaking 100K to me. But I am not looking into deeply like u
Fantastic video, love the analysis! Your takes are always so thorough and well-researched. You’ve truly set the bar for crypto content creators. By the way, I’ve been watching Step Finance for a while now, and they’re really starting to get noticed. Would love to see a full breakdown on their platform. 🚀
TL;DR
Bitcoin is showing early signs of a Wave 4 correction within its Elliott Wave structure, which could lead to further downside. While short-term trends indicate weakness, the macro trends remain intact, provided key support levels hold. Critical levels include $99k-$100k (psychological support), $92k-$93k (macro support), and $3 Trillion total market cap for the crypto market. Corrections are healthy for bull markets, resetting sentiment and structure, but failure to hold support could signal a deeper pullback.
crypto fear and greed index is 100% broken (the one that we are looking at). Still shows 75% greed. LOL, where as Stocks fear and greed at 29 almost extreme fear territorry. We can see and feel the panic in crypto but that useless index never update 🤣
Great video! I can’t say enough about my investment coach Katrina Susan-she’s completely turned my life around. I started with a small investment, and now I’m finally free from debt. I’ll always share her work with others because she’s truly made a difference in my life. Thank you, Katrina!
KATRINASUSAN...That's it
Make sure she's verified
Think about this: you could work 40 years to save $1M for retirement, or make smart investments now and grow your wealth faster. Wishing success and prosperity to everyone who reads this
QT continues ALTSEASON CANCELLED
Panic sellers, paper hands.
Is the THE END? Final Top of this bull market?
No. 85k should hold
No just a multi-week pullback likely
No. Last cycle I remember we had -30% also and then went higher. This is actually good to refresh
It's a great time to buy if anything
lol commenting before watching the video
Ats r worst investment
Thanks Michael