[Honey Singh]

Well, this makes sense to me. What's your opinion?

Reason :- US debt reached new all time high - 40 trillion usd

They're planning to buy their own long term bonds upto their 2 billions but now increased to 4 billions atleast - this gives a sharp impact to crypto and gold.

Let me explain you in easy words :-

American gov needs money, they come to us and offer their bond against interest rates but unfortunately due to recent conditions we don't feel safe because of total debt. So they increased their interest on bonds that's why bond interest is also all time high.

Still People started moving funds from bonds to crypto and other markets.

But on the other side war thing but now it's not giving much impact other thn oil prices.

So technically in short term we're bullish.

[Crypton00b]

Well, this makes sense to me. What's your opinion?

Reason :- US debt reached new all time high - 40 trillion usd

They're planning to buy their own long term bonds upto their 2 billions but now increased to 4 billions atleast - this gives a sharp impact to crypto and gold.

Let me explain you in easy words :-

American gov needs money, they come to us and offer their bond against interest rates but unfortunately due to recent conditions we don't feel safe because of total debt. So they increased their interest on bonds that's why bond interest is also all time high.

Still People started moving funds from bonds to crypto and other markets.

But on the other side war thing but now it's not giving much impact other thn oil prices.

So technically in short term we're bullish.

Ok, but what happens if some of the whales decide to take off the BTC at this rate and drop the prices drastically? Doesn't that mean the US is fucked? Or am i missing something?

[Honey Singh]

Ok, but what happens if some of the whales decide to take off the BTC at this rate and drop the prices drastically? Doesn't that mean the US is fucked? Or am i missing something?

Few whales vs public fomo buying
This will most likely balance the equation and it will be making higher high.

$82k price btc within 10 hours.


In sep 2 major events - crypto bill and fomc
Worst case if both the news = negative
Yes! Btc will correct a little bit. But before those event mostly likely will touch 90k.


Just a tip for you, in this cycle eth will over perform;)

[Costanza]

I all in'd at around few days ago i'm wondering whether i sell now . up a bit but to be honest it , same old crypto manipulation dogshit everything giga wicked down lmao. weighing my options here

[psycheuser]

The liquidity injection is definitely driving the pump, but it's more about global fiat debasement than bond interest rates.

When macro uncertainty hits and sovereign debt explodes, institutional capital starts hedging hard into hard assets. That is why both Gold and BTC are pushing all-time highs simultaneously right now. Short term momentum is definitely heavily bullish.

[Honey Singh]

The liquidity injection is definitely driving the pump, but it's more about global fiat debasement than bond interest rates.

When macro uncertainty hits and sovereign debt explodes, institutional capital starts hedging hard into hard assets. That is why both Gold and BTC are pushing all-time highs simultaneously right now. Short term momentum is definitely heavily bullish.

yeah, Btc should cross 85-90k before next month 2 events.

1. Crypto bill in America
2. FOMC

Incase if bill gets delayed, we can expect a correction + FOMC if rates increase. Just to keep bullish momentum, we need a little bit more pump before that to keep the sentiment bullish.

[psycheuser]

yeah, Btc should cross 85-90k before next month 2 events.

1. Crypto bill in America
2. FOMC

Incase if bill gets delayed, we can expect a correction + FOMC if rates increase. Just to keep bullish momentum, we need a little bit more pump before that to keep the sentiment bullish.

Spot on regarding the FOMC and the bill timeline. If macro sentiment gets shaky ahead of those dates, a heavy correction wouldn't surprise me at all. We definitely need that pre-event cushion to absorb the volatility. 
I actually prefer to keep my business and chats directly on the site for now instead of Telegram, but I'll definitely see you around the threads. Appreciate the insight!

[Honey Singh]

Spot on regarding the FOMC and the bill timeline. If macro sentiment gets shaky ahead of those dates, a heavy correction wouldn't surprise me at all. We definitely need that pre-event cushion to absorb the volatility. 
I actually prefer to keep my business and chats directly on the site for now instead of Telegram, but I'll definitely see you around the threads. Appreciate the insight!

Once we cross @82k I'm fully bullish.
Change of all the sentiments;)

Train also left the station, 100k looks near thn 60k.
Mark my words eth will over perform btc ;)

[jcole]

Once we cross @82k I'm fully bullish.
Change of all the sentiments;)

Train also left the station, 100k looks near thn 60k.
Mark my words eth will over perform btc ;)

ETH is already out performing BTC on the last monthly rise. I think there is more room to grow too. If there is a serious bull run then ETH could hit 5K

[Honey Singh]

ETH is already out performing BTC on the last monthly rise. I think there is more room to grow too. If there is a serious bull run then ETH could hit 5K

How much eth are you holding lol ?

[jcole]

How much eth are you holding lol ?

Not enough, that's for sure. 😆

[Noble]

ETH is already out performing BTC on the last monthly rise. I think there is more room to grow too. If there is a serious bull run then ETH could hit 5K

That's expected between the two. One will rise or fall harder than the other. They will never move by the exact same percentage.

[psycheuser]

Once we cross @82k I'm fully bullish.
Change of all the sentiments;)

Train also left the station, 100k looks near thn 60k.
Mark my words eth will over perform btc ;)

Solid perspective! Spot on about $82k being the key flip level for sentiment. Good to know you prefer using HF contracts too—I'll PM you directly on-site whenever I need middleman or exchange services.

[The Pact]

A while back I swapped all the crypto that I had won in Hack Forums contests to Bitcoin. Last night I sold it all and got nearly $400 my currency. This is money that was won purely in Hack Forums contests over a number of years.

[Costanza]

Thank fuck i sold this pump watch btc go to like 40-50k now LOL alts are going to get giga raped