Crypto Alert: We Could Be In Trouble Now..

Market Update

The current market sentiment is bearish, despite recently reaching an all-time high of 106K and only drawing down 15%.

Fed's Actions

The Fed is tapping the brakes on the market to prepare for refinancing trillions of dollars worth of debt next year. They need low interest rates to achieve this.

Expected Outcome

This will lead to higher asset prices due to increased liquidity and low interest rates, marking the next leg of the bull market.

Short-Term Outlook

A head and shoulders pattern, typically a bearish indicator, is forming. However, there are support levels around 90K and 85K.

Debt Refinancing

The size of the debt to be rolled over next year is approximately 8.7 trillion, with 6.1 trillion in bills and 2.6 trillion in Treasury notes and bond maturities. Raising interest rates would exacerbate the problem.

Market Expectations

The market is pricing in higher interest rates, but this is expected to change as the Fed will likely drop rates to refinance debt, creating inflation in assets.

Best Trade

The best trade is to buy assets that will protect against currency debasement, with Bitcoin being a top choice.

Currency Debasement

Most stock market returns are due to currency debasement rather than actual productivity growth. Assets are priced in the debasement of currency, making Bitcoin a viable solution.

Trading Opportunities

Trading platforms like Bybit and Apex offer opportunities to trade and potentially profit from these market movements.