THERE IS SOMETHING WRONG WITH BITCOIN

The Moon Show

Summary of the Video Transcript

The host of the Moon Show discusses the current state of Bitcoin and the altcoin market.

Current Market Situation

  • Bitcoin is currently trading at $98,500 and is not pumping as expected.
  • Altcoins such as Jupiter, Pepe, and Floki are down, while Trump coin is stable.
  • The host attributes the lack of pumping to the lack of volume in the market.

Micro Strategy and Bitcoin

  • Micro Strategy has rebranded to Strategy B, which the host finds confusing.
  • The company is adopting FASB fair value accounting for Bitcoin and is close to completing its $42 billion plan to buy more Bitcoin.

Bullish News

  • The FDIC plans to revise crypto guidelines and allow banks to engage in some crypto activities.
  • Elon Musk supports putting transactions on the blockchain for transparency.
  • BlackRock is launching a spot Bitcoin ETF in Europe.
  • New Mexico has proposed a bill to allow people to put 5% of their pensions in Bitcoin.

Altcoin Analysis

  • The host analyzes Cardano, Manta, Solana, and Virtual and provides targets and insights for each coin.
  • He advises accumulating altcoins at lower price levels and setting limit orders.

Final Thoughts

  • The host believes that now is a good time to buy Bitcoin and accumulate altcoins.
  • He advises watching the show every day for insights and opportunities to jump into Bitcoin and other altcoins.
  • The final stage of the bull market is expected to be euphoric, and being in crypto and Bitcoin as much as possible is recommended.