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Bitcoin New ATH Soon

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You've landed on the Moon Show. Welcome back, guys. Today, the price of Bitcoin is at 107264. We're making our way back to all-time highs, which is great, great news. In today's stream, we're going to be covering the latest charts, the latest news on what is happening.

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Bitcoin New ATH Soon

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  1. Bitcoin New ATH Soon! [GET READY] You've landed on the Moon Show. Welcome back, guys. Today, the price of Bitcoin is at 107264. We're making our way back to all-time highs, which is great, great news. In today's stream, we're going to be covering the latest charts, the latest news on what is happening. Uh, we obviously had the president, the presidential NATO summit. Um, the reason why we're doing the show a little bit later today is because I wanted the the summit to get out of the way. We had some important comments that we will go over on today's live stream. We also have the fetcher speaking live uh over on the testimony that he's giving in front of the Senate. So there has been some crypto comments made about uh I mean primarily about stable coins and Senator Cynthia Lumis did try to bring the entire digital asset industry um and and ask the Feder some some questions. However, her time was very limited. But we do have some interesting takes from Fetcher Powell uh about cryptocurrencies and how that could potentially influence price action. So stay tuned for for the entirety of today's show. We have a lot to go through. Bitcoin did hit $18,000 uh about an hour ago, but but we're coming down. We're coming down to 107.1. Is it concerning? It's, you know, it's a bit of a shooting story candle. Uh you know, just from the service level of things, we can see it's a bit of a shooting story candle after a massive uptrend on the 4hourly time frame. So is a reversal possible? 100%.

  2. but the details and and what we can see and expect over the midterm, long-term, and short term. We will go through all of that and much much more. So guys, as always, destroy the like button while you're coming into today's show. Subscribe to The Moon Show if you're not subscribed already because what you're doing, what are you doing with your life if you're not subscribed to the Moon Show? How are you going to get the latest and best information in the cryptocurrency industry? If you're not following along with our daily live streams and also Carl's daily Bitcoin update videos. So, if you've done that, then let's cue in the intro. And guys, as always, jump straight into the price of Bitcoin. Welcome back to a wonderful Today is Wednesday. I think today's Wednesday. Yeah, it's it's it's Wednesday, the 25th of June. Welcome back to a wonderful evening on a beautiful Wednesday here in Dubai. The price of Bitcoin is up. On the daily, we are up significantly. So, we're up, I mean, not crazy significantly. In the past 24 hours, we're up 1.45%. However, when you count in the past 48 hours, it's it's doing pretty well. I'm pretty grateful for for Bitcoin for doing so well. It's interesting that Bitcoin is pumping and we're continuously pumping, but all coins are lagging a little bit behind. You can see Bitcoin dominance is shooting up to 65%. Cuz while Bitcoin is now only 4% below all-time highs, which was at $112,000, we would expect all coins to be making major rallies up too. But no, if you go to the crypto bubbles today on the daily, scamcoin, Picoin is up 20%. Interestingly enough, um Syrup, I've not heard of it before, is up 13%. Virtual protocol down 8%. So you know when you look at the day the price of Bitcoin is up very dramatically you know 1.45% but when you zoom out to the past two days up 48%. Regardless all coins are down a majority of the well-known altcoins are down. You can see that optimism is down approximately 1.5%. Lido down 2.1% crow down 2.7% IOTA down 2.4% and Cardano down 2.5%. Phantom down 8%. Unbelievable. So, even though Bitcoin is pumping, we can see that all coins are having a little bit of a rough time to catch up with Bitcoin's upwards pumpage. And unfortunately, guys, um you know, all coins will continue to to have to have low performance comparatively to to the price of Bitcoin. That's just how it's going to be for the upcoming however months it takes until the Fed cuts rates dramatically, which it doesn't appear so will happen. I mean, we're not going to get like a full percentage point or full two percentage points cuts on the interest rates until Q1 of 2026. However, you know, we're seeing a lot of political pressure from the Trump administration. JD Vance, um, yesterday he posted a tweet saying, "Can anyone please make a statement for why the Fed shouldn't cut rates by 50 points right before?" Sorry. I'd love to hear why Powell cut rates 50 points right before an election but cannot do it right now with inflation lower than it was at that moment in time. You know, there's a lot of valid points for why u Powell isn't cutting rates, like the fact that the

  3. economy is doing great and he I mean, if it's doing great at the current rates, then it means that it's working. And why why should he cut rates when you have things like tariff inflation coming in in summer or when you think when you have things like geopolitical uncertainty, which is much better today than it was last week. So why would he not be cutting rates when or why would he be cutting rates when everything is going fine in the economy? That is one argument because the things like the national debts is I think the primary argument that the Trump administration is trying to highlight. You know, you have $37 trillion now worth of national debt building up in the United States of America. So they have to refinance $7.6 trillion from bonds this year. America has never had to refinance anything close to $7.6 trillion within one given year. And this year in 2025, they have to refinance 7.6 trillion. How are they going to do this? Well, they're going to re they're going to issue more bonds. They're going to issue more bonds to raise more money to pay off their debts, which the the debt is basically the coupons, the interest rate coupons owned to prior bond investors. So, it does sound like a huge pyramid scheme because it is. You have bond investor that pays the government money to buy bond and then the government's job is to pay them back an interest coupon. However, because you know that money is spent elsewhere, they don't have enough money to pay back the original bond investor. So, what happens? They have to issue more bonds so that they can raise more money and use that newly raised money to pay back the prior investor. And that just keeps on building. And it's been building ever since the creation of essentially the Federal Reserve. Uh going back to the war bonds, which is, you know, how the government kind of found out about this scheme where they can keep on raising money, raising money, raising money in that pyramid structure and then paying back old issuers with the new money that they raise. So anyways, they have to raise 7.6 trillion with new bond issuances this year. And the reason why the Trump administration so vigorously want the rates to be cut is because even if you have a 1 point one full percentage point cut in the rates, you're going to save almost a trillion dollar worth of interest rates that you would be paying to pay back on these on these rates. Sorry, on these bonds. So, let me clarify this for you. If we go to the US national debt clock website, US national debt clock uh and I have to highlight that over on the fiscal policy website of of the US government, the US national debt is is highlighted at 36.2 trillion. I think uh the US debt clock is more accurate. So because it's real-time updates, that's why we're going to use this figure. So America on Friday last week, they hit $37 trillion worth of national debt for the first time. And currently they're paying one 1.03 031 trillion net per year on the interest they have on their current debts. That's more so than they spend on defense and it's almost the same amount they

  4. spend on Social Security and also Medicaid and Medicare. It's unbelievable. It's it's crazy. Uh and that's going to increase exponentially now because they're going to raise $7.6 trillion adding more to the US national debt and therefore adding more to the interest on debt. However, if the Fed cuts rates ever so slightly, ever so slightly, what will happen is uh instead of seeing, let's say, hypothetically, a $300 billion increase, this is hypothetical, a $300 billion increase onto the interest on debt, they will only see a $200 billion increase. So, these things matter. It may seem small, but it's a hundred billion difference. Okay, that's a hypothetical situation. It's much more larger in reality. uh we don't have the math for that with with us right now to share it with you but uh it's it's it's a very very big difference. So when you look at all the inflation data, when you look at all the interest rate data, when you look at all the employment data, technically the Fed has the power where they can keep monetary policy fine by reducing rates and keep the economy functioning well. Because if you look at the opportunity cost, if they cut rates and perhaps risk things going into a bit of a bad direction for for a couple of months, they're going to allow the government to refinance all that debt for a much lower interest, which will keep the the deficit lower than what it could potentially be if they don't cut the rates. So, let's see what what takes place. I mean, we had some doubbish remarks um uh just a few days back and the probability of us seeing that rate cut by at least 25 basis points in July is now up to 20.7%. Previously was it was below 10%. So there is a much higher chance that the government does end up cutting rates in July by a little bit which will be good for them to refinance at a cheaper cost. That's that's what the Fed wants to do. That's what the government wants to do wants to do. That's what the Trump administration really wants to do. However, I don't think it's fair to blame Powell for for not doing this and not facilitating this because the Fed that their only their only focus is monetary policy. The the the fiscal policy is not the concern of the Federal Reserve. So, they're just doing their job. So, that's why we cannot blame them. I don't think we should blame them or I don't think American citizens should blame the Fed. Um but obviously if they do cut rates then the opportunity cost has to be evaluated properly with correct math and if it makes sense then you know I think they should um to to ease the interest increase surplus or not surplus but increase that they would have to pay on interest onto the new $7.6 trillion worth of debt they would have to refinance. So we got a little bit sidetracked there. Apologies for that. It's just that I was listening to the testimony of the Fed and I wanted to give my comments on it. Um, however, going back into Bitcoin, Bitcoin is now flirting with the 107 level. Once again, when we go into the short- term time frame, one hourly, there's been a huge pump and there's been a continuous

  5. increase. Now, we're seeing a little bit of a correction, which is completely healthy after so many 4-hourly candles continuously going to the upside. It's great, but I got to tell you, you know, I'm I'm very happy that yesterday's 15-minute candle formation right there, this didn't turn out to be a Bart Simpson. In fact, it turned out to be somewhat of a parabola. We were concerned that this would have turned into a Bart Simpson and taken the price into the 10 103,000 region. Thankfully, it turned out to be a parabola and kept on increasing the price of Bitcoin. So, that's good. I'm very happy with that because now that we didn't see that correction into the 103 range and on the daily time frame, now we have almost two candles after this massive huge candle to the upside pumping us from 100K all the way into the 105 um 105 category. price action, we have almost completely invalidated the bearish case scenario on the daily time frame where we had the double top uh pattern forming and that could have taken us into the 90,000 potentially even the upper $80,000 levels. So, I'm super super happy that Bitcoin was able to pump last night and continuously go up so that we invalidated the double top scenario once and for all. It is no longer a concern to be having from from my perspective on the chart. And when we go into more macro time frames, because that's where it gets interesting. We're not so concerned about the 1 hourly, the 4hourly. It doesn't really concern us so much. We care more so about the macro time frames because that is where the charts are more relevant and more important. When we go into those macro time frames, you can see that on the daily time frame or in fact better on the weekly time frame um or perhaps the 4 day because that's what the thumbnail is on. So if you're concerned, if you're if you're wondering about the the chart on the thumbnail, it's actually this um this is what you're seeing on the thumbnail. So here we go. When you when you go back to the prior consolidation phase, Bitcoin had a huge consolidation between March to November of last year. And following that seven to eightmonth consolidation, we got a huge breakout taking us from $70,000 all the way initially to $19,000. It's not the same amount of consolidation. It's been a pretty large consolidation. The one that we're seeing, I mean, we're still in, I would say, um, it it began in December and now it is what, June. It's a seven-month consolidation. I mean, kind of the same as the one we saw last year, to be fair, but we've broken out of this consolidation and we're getting a mini consolidation outside of this yellow line. So, if you zoom in here, there's a bullish penant forming. And I think it has similarities to the consolidation that we experienced once we broke out of this downward sloping trend line, which was a bull flag. If you look at it, we broke out of it, a little bit of a consolidation, then boom, Bitcoin just catapulted to catapult to $109,000. And we're seeing a similar thing, a similar structure on the technical analysis side of things.

  6. We have this downward sloping trend line. Bitcoin broke out of it. We're getting the consolidation in the manner of a bullish penant. And accompanying that, we also have the WOFF reaccumulation. And I really love this WOFF reaccumulation. If you're not familiar with it, we've spoken about it a lot, but I will go over it with you for for one more time. So, if you look at this technical analysis pattern, this is called WOFF reaccumulation. What an asset does is the following to to be suitable and and to be categorized into this chart pattern. So you have to have PSY bc UT phase be creek then you go down you create a spring you retest support um and then you go to the LPS you jump across the creek and create the SOS and LPS region uh in the resistance lines between UTHB and also uh BC. So if you memorize this chart you can go to the price of Bitcoin and actually we're doing exactly that. So, I think we're categorized well into the WOFF re-accumulation scenario where Bitcoin will continue to consolidate and that's fine and we're in a bullish consolidation where we're in a bullish penant and I think uh very soon we're going to make our way above this resistance line of the bullish penant above the resistances of the UTH phase B which is the prior all-time high and also BC which is the one the all-time high before to that before that and um once we get over those resistances I think we will explode mode into the $118 to $120,000 where more liquidity is now beginning to to to pile up. So, I'm I'm pretty bullish. I'm excited about the price action. When are we going to break above this resistance in terms of actual day? I can't tell you. It's impossible to say. But what I can say is that um we're we're very much into the white coffee accumulation and and the breakout should happen very very soon. And also bullish pennants, they tend to break out 70 to 75% into the actual structure. And so far, I think we're at the 65% mark. So maybe this week or maybe next week, we should see the breakout on the bullish penant. And I would be expecting a move initially to $118,000 and then well beyond. What are other bullish factors for Bitcoin? Well, if you zoom out uh even more to the weekly time frame away from the daily and we get rid of the white coffee accumulation, we get rid of the bullish penant. You can also see that um I mean we've spoken about this, but you can see that Bitcoin is currently retesting. thing. I mean, we've retested it uh this this yellow trend line with the dump we saw to 98K. So, we've retested the consolidations, the consolidations, upper trend line, and we're bouncing beautifully from it. We we bounced amazingly from it on the daily time frame. And um now that we've confirmed this bounce, just like we did here back in October of 2024, I think we're ready to to continue increasing uh to new all-time highs. And finally, we have the M2 money supply that people have forgotten about and said that oh my god, it's super relevant and you know, it doesn't matter anymore. The correlation is

  7. broken. I'm not going to listen to it. Bitcoin is not correlated to liquidity anymore. I don't think you're correct. If you believe that Bitcoin is no longer correlated with the M2 money supply, I think you're absolutely incorrect. You can see that liquidity is very much lining up with the Bitcoin spot price. You had a very nice increase here. You had a decline. You had the W formation. Bitcoin had the W formation. You increased. You saw the dip. M2 Money Supply saw the dip and almost tested this trend line. Exactly. And now we're seeing the incline. you know, the it's it's it's the same. It's it's literally the same. Um, it's just that it's not definitive. So, because we have this bearish divergence, it doesn't mean that we're going to reverse significantly. You can see the bearish divergence has been playing out since March of 2024 when we made the all-time high above $70,000 for the first time. So that bearish divergence has existed for a very long time. And you could even make the argument that this was a bearish divergence right here. You know the all-time highs in 2021 and then you know this was a higher high in price but actually when you look at the relative strength index it was lower than where we were in 2021. So technically that is a bearish divergence, but the price of Bitcoin absolutely catapulted to the upside. You know what I mean? So it doesn't necessarily mean that price has to drop. It is something to look at and combine with other parts of technical analysis and potentially make a case that yeah, price will now go into a downward spiral. But there isn't those cases strong enough to say, you know what, Bitcoin is now going to reverse to the downside. I don't see it. And I just spotted one more bull case for for Bitcoin and I promise Bitcoin will be over and we'll get into breaking news on all coins. So another bull case that I see here is that we can actually argue that what is going on on the daily time frame is an inverse head in shoulders pattern. And Carl would love this. Uh he's right now racing all across Europe. Let me take a quick sip of water. So right now Carl is doing a supercar rally all across Europe. It's pretty cool. Um, but if he was here, I mean, he would have loved this. Look at this. He loves inverse head and shoulders patterns. Look, amazing. Fantastic inverse head and shoulder pattern. And actually, when you line this resistance line, um, the way you should do it, you can see that Bitcoin will likely break out of that bullish penance. It will come above the white coffee accumulation and hit $112,000 to $130,000 initially. Maybe we see some resistance. It's okay. It's fine. It's understandable. But as soon as you go above, as soon as you go above that inverse head and shoulders, when you go to the autoscale, you can see that the target of this inverse head and shoulders is going to be at the following price level. It's going to be at 147K. And what else is at 147K? The M2 money supply. So, it all makes sense. It makes so much sense. It makes so much sense that Bitcoin is going to go and reach those levels very soon and much sooner than you think. Much much

  8. much sooner than you think. You know, when you look at the M2 money supply correlation, theoretically, you're at $140,000 Bitcoin by September. By September. That's only three months away. So, in three months time, it's very feasible that Bitcoin will be at $143,000. There's so many signs which I've went through together here with you live on the Moon Show that do suggest that that could be happening very much so. Um, and I'm very happy. On top of that, okay, there's one more. One more. Technically, you can also make the argument thath this is a huge macro inverse head and shoulders pattern additional to the one that we have on the daily time frame. And this inverse head and shoulder pattern similar to the one that was here and that was the right shoulder. You know, this does look like a shoulder. So, we can still make that argument. It will have a target of 166,000. So, maybe shortterm we come to 147. Maybe have a bit of a correction. You know, people will call bare market and the top is over. And maybe we have another run in Q2 and Q1 of 2026 when we have the the rates dropping significantly and then we go into the $170,000 territories. Who knows? I think that's too far to speculate. Um I think what we can make the argument for in the in the strongest way possible is that very soon either this week, next week, the week after, Bitcoin is going to explode and see a major break to the upside. One more thing that I see, not based off of technical analysis specifically, but in terms of social activity in the crypto industry, right now, Bitcoin is 4% below all-time highs, and nobody cares whatsoever. It's completely unbelievable how nobody cares when Bitcoin is trading below only 4% below alltime highs. The social interest is not there at all. Why is that the case? Because all coins are not moving. Memecoins are dead. So, Bitcoin, people think that Bitcoin, you can't get rich with Bitcoin, but they're completely wrong. Um, and that's why there's no interest. People don't care about consolidations. But guess what? Right before a significant breakout, so this was uh if we look here, so this point on this social Google trends chart that looks at Bitcoin interest over time, right here was the end of this consolidation right there. And the price just explodes. social interest goes up massively and then social interest tops out and then the price goes down. That's how it works. The same happens in March of 2024 when Bitcoin crosses 71k for the first time. Look, massive explosion. Uh you see that in uh you see that in the social interest. So now we're at almost the end of the Bitcoin consolidation right here. social interest is still at a massive low and I think it's a great foreshadow with the social interest bottoming close to where it bottomed out um in November of 2024 prior to the massive breakout that we're we're reaching the final point in the consolidation before that significant final push of of Bitcoin's price action to the upside. And actually, if you guys remember all of the um uh let's let's keep them.

  9. Uh let's go. Can we hide? Did I just delete all the Yeah. So, can we hide all of these things? I'm going to group all of the analysis because I want to show this on a CryptoKit video later on today, which you can subscribe to using the link in the description down below. So, if we hide all of those things and look at the Bitcoin parabola only, uh if you guys have been an avid watcher of the Moon Show channel, you know that a parabola has four bases. So base one um and then you have base two, base three, base 4, and then one final parabolic increase to the upside and that is still being created. We're not over this part yet. So the the final increase in the parabola, which I can show you. So parabola technical analysis, the final increase in that parabola after the base 4 consolidation is still not arrived yet. So that's going to happen and that can very much take us into the 140 the 170 categories which are the targets of the universe head and shoulders and also the M2 money supply uh when we look at the 140k target. So very bullish for Bitcoin. How are we positioning ourselves in terms of trading? Well, if you guys have been watching our shows then you know that we've been long Bitcoin for a very long time. We have multiple Bitcoin long positions. Most of them open between 77 uh all the way to $875,000. Another position we opened, it was at 104.4. So, massively profitable on Bitcoin so far. And guys, if you're worried that you missed out on trading Bitcoin and buying Bitcoin here with us, I have some good news. I personally don't think that you missed out on Bitcoin and opening positions to make a lot of money potentially from trading Bitcoin here with us on the Moon Show channel. Well, the first thing you have to do is you have to go to the first link in the description down below and sign up to Weeks, which is where we trade our cryptocurrencies here together on the daily live stream. And if you sign up to Weeeks using this link in the description, you're going to get free VIP level two status. And this free VIP level two will get you 25% discount on trading fees, which is huge. So if you want to support the channel and get the free VIP level two status, make sure to use the first link in the description down below to sign up to weeks and it's available anywhere in the world. It takes 30 seconds to sign up and uh you can trade with us here on the MOO channel. So what is the next opportunity? Well, we can go into the 4hourly time frame and or in fact the daily time frame and uh I showed you the I showed you the inverse head and shoulders that's happening on the shorter term. So what I would be doing currently is because we have the bullish penant on the daily time frame. We have the inverse head and shoulders on the more macro time frames. We have the parabola. What I would be doing is I would definitely start scaling into long positions right now. So this is just my personal opinion. Of course nothing in the stream is financial advice. This is just my personal TA, my personal trading um trading analysis only. If you wish to follow it,

  10. then that's completely up to you. But um what I would be doing and what I am doing is I would be scaling into Bitcoin spot and Bitcoin derivatives positions if you want to trade the bullish penant and also the inverse head and shoulders breakout. So obviously the breakout hasn't happened yet, but as soon as you start breaking out, the price will likely go up very fast to the upside because there's no there isn't much liquidity piling up in the upside territories. So as soon as we see that breakout, the breakout is going to be very huge. It's going to happen quick. The supply and demand dynamics show that Bitcoin will likely head up because if you have more buying pressure on a daily basis, then the amount of new issued Bitcoin than in fundamental supply and demand that says the prices will likely go higher. When you look into the people that are buying Bitcoin the most, it's actually um a combination between IBIT, they bought 130,000 Bitcoin over the last year, so 400,000 Bitcoin were bought in just one year. So in in one singular year, we have 2% of the Bitcoin supply being bought. And a majority of that buying pressure is coming from IBIT, which is the Black Rockck ETF. You have Michael Sailor buying 145,000 Bitcoin. And you have Jack Mer and Ker Fitzgerald's XXI. This was, you know, just something created in the past like two, three weeks. They bought 37,000 Bitcoin. Unbelievable. It's it's kind of insane. Uh we also have PM Pompiano buying 1,000 Bitcoin just out of nowhere today. And um taking their total Bitcoin ownership above GameStop. So they have over $500 million worth of Bitcoin purchased if I'm not mistaken. And 1,000 Bitcoin came just today from Pompiano. Incredible. Incredible stuff. The stock market is doing fine. So Google is up 3.23%. 23%. Um, we have Microsoft up 36 basis points. Meta down uh only six 0 0.06%. Uh, Nvidia is up 2.64%. Apple is up 0.81%. But some of I mean some stocks are down. Tesla is down 4%. So, it's a bit of a mixed day. So, I'm not opening derivatives long positions yet on Salana. We we had one, we closed it in profit, but um yeah, I'm still not convinced. But I think if you're buying spot, then it's a great buy because Salana it's it's the number one layer one uh in terms of a commercial use, in terms of in terms of mainstream adoption. I think in this altcoin season, Salana can go to $500 in my personal opinion. So, for buying spots, I think um it makes sense to DCA from now all the way to potentially $1 to $105. All right, guys. Thank you so much for watching. It's been a pleasure as always. Stay tuned because in the next 24 hours, we'll have a new show because we have a show every day, Monday to Friday. Guys, thank you for all of your support and love. Uh we'll see you all on the next show very soon. Take care and as always, guys, bye-bye.

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