SELL EVERYTHING NOW. [LIVE BITCOIN CRASH]
The Moon Show
Summary of the Moon Show Transcript
Introduction
The hosts discuss the current price of Bitcoin, which has dropped to $90,600, and express bearish sentiments. They mention their previous shows, where they predicted this price action and advised caution.
Market Analysis
- The hosts analyze the Bitcoin chart, noting a head and shoulders pattern, which is typically bearish.
- They discuss the possibility of Bitcoin going down to $80,000 or even $77,000 to fill the CME gap.
- Ethereum is also analyzed, with a focus on its head and shoulders pattern, suggesting a potential drop to $2.5.
Trading Strategies
- The hosts discuss their trading strategies, including shorting Bitcoin and other altcoins like Solana.
- They emphasize the importance of managing risk and setting appropriate stop losses.
Altcoin Analysis
- The hosts analyze Cardano (ADA), Polkadot (DOT), and H-bar (HBAR), discussing their potential price movements and trading opportunities.
Bitcoin Price Predictions
- The hosts predict that Bitcoin could go up to $300,000 to $400,000 in the long term, despite short-term corrections.
- They discuss the potential impact of a Bitcoin Strategic Reserve bill and Trump's presidency on the Bitcoin price.
Conclusion
- The hosts summarize their bearish sentiments for the short term but remain bullish for the long term.
- They encourage viewers to dollar-cost average and to be prepared for any market scenario.
- The show ends with a discussion on the Ethereum Foundation's recent tweet and an invitation to follow their channels for more updates and analysis.