WARNING FOR CRYPTO HOLDERS! A VIOLENT Move Is COMING FAST!

My Financial Friend

Crypto Market Outlook

The crypto market is expected to be volatile this week due to several big events, including the release of core CPI and PPI data, which may impact interest rate decisions.

Key Events

  • FTX to start repaying 98% of creditors in 10 days
  • Core CPI and CPI data to be released on Wednesday
  • PPI and core PPI data to be released on Thursday

Market Analysis

  • Fear and greed index at 35, the lowest point since September
  • Leverage building up, with $5.3 billion worth of longs that could be liquidated if the price drops to $86,500
  • $6 billion worth of longs that could be liquidated if the price rises to $104,000

Bitcoin Outlook

  • Bitcoin price expected to fluctuate within the $90,000 to $105,000 range
  • Potential for big liquidations due to built-up leverage
  • Eight months into the 24-month period after the Bitcoin halving, where positive returns typically happen

Investment Strategy

  • Be cautious in the altcoin market, as people are waiting to get out
  • Consider leveraging trades on Bitcoin instead of investing in small altcoins
  • Keep the majority of the portfolio safe in cold storage

Upcoming Developments

  • Potential for quantitative easing to start soon
  • Trump's indication of setting up a Bitcoin ETF or Bitcoin-plus ETF could lead to big changes in the market
  • Countries may start buying Bitcoin, which could lengthen the cycle and lead to higher returns