🚨 BUY THIS BITCOIN CRASH ASAP!

The Moon Show

Introduction to the Moon Show

The host welcomes viewers to the Moon Show, discussing the recent massive drop in the cryptocurrency industry. The drop is attributed to a Chinese AI company called Deep Seek, which has outperformed other AI companies, causing a sell-off in tech stocks and AI stocks globally.

Bitcoin Technical Analysis

  • The host analyzes Bitcoin's price action, focusing on the daily timeframe.
  • A retest of the prior resistance of the descending triangle or bull pennant is considered a good opportunity for Bitcoin.
  • For the host to be fully bullish, Bitcoin needs to close above $101,000 on the daily candle.
  • The daily close at $101,000 is seen as a potential reversal hammer and a sign for Bitcoin to continue higher.

Deep Seek and Its Impact

  • Deep Seek, a Chinese AI company, has developed an AI platform more powerful than ChatGPT in many areas, at a fraction of the cost.
  • This development has led to a huge sell-off in tech stocks, with Nvidia down 12.79% and other AI companies also experiencing significant drops.
  • The host believes this event, while causing a crash, presents a buying opportunity, especially since the fundamentals of Bitcoin remain unchanged.

Ethereum Analysis

  • The Ethereum Foundation has sold a significant amount of Ethereum, which could negatively impact the project's perception.
  • Despite this, the host sees an opportunity in Ethereum, suggesting a 10% dollar-cost average entry at around $3,000-$4,000, aiming to add another 10% allocation if it bounces from the support of the falling wedge.

XRP, Trump Coin, and Melania Coin

  • The host discusses XRP, stating that while it's been hated due to Ripple's actions against Bitcoin, the XRP community is separate and should not be blamed.
  • Trump Coin and Melania Coin are mentioned, with the host advising caution due to their tokenomics and potential for being seen as scams or Ponzi schemes.

Market Sentiment and Future Outlook

  • The host compares the current sentiment to that of August 2024, when Bitcoin fell 30% but later recovered.
  • Arthur Hayes' prediction of a mini financial crisis and Bitcoin going down to $70-$75K is mentioned, but the host believes this is an overreaction.
  • The host is bullish on Bitcoin, believing it will continue to go up, possibly to $130K, $150K, or $180K, citing Micro Strategy's continued buying and President Trump's support for the crypto industry.

Conclusion and Q&A

  • The host concludes by discussing the upcoming FOMC meeting, which could impact the market, and announcing a live stream of the event.
  • A quick Q&A session is held, covering Cardano, Solana, and XRP, with the host providing technical analysis and insights into potential future movements.