MAJOR CAPITULATION IN CRYPTO TODAY !!!!!!!
The Moon Show
Bitcoin Analysis
- Bitcoin is currently falling and has broken below the rising wedge
- The break happened during the weekend, which may reduce its significance
- A CME gap is forming, which could lead to Bitcoin filling the gap and returning to the wedge
- The speaker believes it's a good opportunity to open long positions on Bitcoin
Ethereum Analysis
- Ethereum is getting destroyed and has broken back into the falling wedge
- The speaker didn't trust the previous breakout and didn't open long positions
- Now might be a good time to accumulate Ethereum as the speaker believes the falling wedge will break up
Crypto Market Analysis
- The altcoin market is experiencing a bloodbath
- The speaker believes we're seeing the capitulation of old coins and the bottom of the market
- Now might be a good time to buy Bitcoin, Ethereum, and other cryptocurrencies
- The speaker will reveal two ultra-low cap coins to invest in in their next video