Crypto Loading Up For MEGA Bitcoin Pump!! [FOMC 12 HOURS]

Crypto Banter

Market Analysis and Predictions

The market has been choppy for the last couple of weeks, but the FOMC (Federal Open Market Committee) day is expected to be a big trigger.

  • The speaker is bullish, expecting a pump, especially since the market has been going sideways for the last eight weeks.
  • The last two FOMCs have marked significant points in the market, with one resulting in a big pump and the other in a dump.

Bitcoin Dominance and Price

  • Bitcoin dominance has been going up for the last four weeks, but the speaker expects it to come down after the FOMC.
  • The speaker predicts that if Bitcoin breaks $105,000, it will lead to a squeeze all the way to $109,000, and then momentum and hype will take over.
  • The target for Bitcoin is $130,000, with the potential for a short squeeze if it gets there.

Altcoins

  • Altcoins are expected to break out and start a new rally after the FOMC.
  • The speaker is bullish on several altcoins, including Doge, Cardano, Solana, ETH, and Algo.
  • A breakout in XRP and Ondo is also expected, with XRP coiling up and Ondo showing strength.

Trading Strategy

  • The speaker advises waiting for the trend break and then trading, as the next breakout will lead to a 4-8 week rally with minimal pullbacks.
  • Leverage and trading bags should be fired up once altcoins break out of their current trend.

Overall Sentiment

  • The speaker is confident in their predictions and expects a big pump after the FOMC.
  • They advise staying strong, being patient, and waiting for the right moment to trade.