IT'S ABOUT TO GET WORSE FOR CRYPTO....

Summary of the Video Transcript

Introduction

The hosts of the Moon Show discuss the recent price drop of Bitcoin and the cryptocurrency industry. They attribute the dump to President Trump's tariffs, which may lead to inflation and affect the Federal Reserve's decisions on interest rates.

Bitcoin Price Analysis

The current price of Bitcoin is around $94,300, with a 7% drop. The hosts analyze the charts and discuss the possibility of a double top pattern, which could lead to a further price drop. However, they also mention that the dump might be a buying opportunity for those who are not yet exposed to crypto.

Altcoin Performance

The hosts discuss the poor performance of altcoins, with many experiencing significant price drops. They attribute this to the rise of meme coins, which have taken liquidity away from major altcoins.

Tariff Situation

The hosts delve into the tariff situation, explaining how President Trump's tariffs on Mexico, Canada, and China could lead to inflation and affect the cryptocurrency market. They also discuss the potential impact on trade between the US, Mexico, and Canada.

Ethereum Analysis

The hosts analyze the Ethereum chart, discussing the falling wedge and inverse head and shoulders patterns. They believe that Ethereum may have hit its bottom and could potentially recover.

Conclusion

The hosts conclude that the current market situation is uncertain, but they remain optimistic about the future of cryptocurrency. They advise viewers to buy the dip if they have the means to do so and to wait for a potential recovery in the next two to three months.

Final Thoughts

The hosts end the live stream by announcing that they will be premiering a vlog about buying four new Ferraris. They thank their viewers for watching and encourage them to stay safe and calm amidst the market volatility.