BITCOIN: NOW NOW NOW !!!

The Moon Show

Summary of the Video Transcript

Introduction

The discussion begins with the current price of Bitcoin being above $99,500 and the anticipation of Donald Trump becoming the President of the United States in 15 days. The hosts, Carl and Crypto Kid, discuss their expectations for Bitcoin's price movement.

Bitcoin Technical Analysis

Carl presents a bullish outlook on Bitcoin, citing a breakout from a falling wedge pattern. He believes that if Bitcoin breaks above the $99,500 level, it could lead to a new all-time high. Carl also mentions a bullish divergence in the RSI, which he believes could indicate a further price increase.

Altcoin Season

The conversation shifts to the possibility of an altcoin season, with Carl predicting that it could start soon if Bitcoin breaks above $100,000. He believes that altcoins will surge once Bitcoin confirms its breakout.

Ethereum Analysis

Carl discusses Ethereum, noting that it has broken above a significant level and could be due for a correction. However, he remains bullish on Ethereum and has opened long positions on it.

Altcoin Picks

The hosts discuss potential altcoin picks, with Dogecoin being mentioned as a coin that could perform well. Carl opens a trade on Dogecoin during the stream.

Trump Presidency and Bitcoin

The discussion turns to the potential impact of Donald Trump's presidency on Bitcoin. The hosts believe that Trump's pro-Bitcoin stance, along with the bullishness of his associates and Congress, could lead to a significant increase in Bitcoin's price.

Conclusion

The stream concludes with the hosts encouraging viewers to keep an eye on Bitcoin and to accumulate it in anticipation of a potential price surge. They also promote their channels and content, inviting viewers to subscribe and participate in the crypto community.