🩸 BITCOIN BLOODBATH LIVE !!!

The Moon Show

Bitcoin Update

  • The price of Bitcoin has fallen by 5% in the past 24 hours, currently trading at a support level of $97,500.
  • The speaker has bought more Bitcoin spot and has a 2x long position, and plans to add to their spot positions.
  • They believe that Bitcoin is a good buy at the current price due to the support level and high demand.

Market Analysis

  • The altcoin market is down an average of 10% in the past 24 hours, with some coins like BGB pumping.
  • The total market cap of altcoins has broken out of a falling wedge pattern and is currently correcting.
  • The speaker believes that this correction is a good opportunity to accumulate altcoins on spot.

Ethereum Update

  • Ethereum has faced rejection at the $3.70 resistance level and is currently trading at $3.429.
  • The speaker is bearish on Ethereum and believes that Bitcoin may perform better in this cycle.

Dogecoin Update

  • Dogecoin is testing resistance and has formed a double top pattern with a target of $0.35.
  • The speaker believes that Dogecoin will likely consolidate or move further down.

Future Outlook

  • The speaker believes that 2026 will be a bad year for the market and that investors should try to make as much money as possible in the next 11 months.
  • They recommend watching a video or interview with Ray Dalio, the largest hedge fund owner in the world, who talks about his views on Bitcoin and cryptocurrencies.