Crypto Market Analysis: Bitcoin Whales, WLFI Launch & September Trends Explained

"If we if we go down to 105.4K or thereabouts and we lose that, that's when we could legitimately start asking is is 100K is 100K and that's a big support level big."

"This is another really interesting in it's a very reliable indicator specifically for Bitcoin. Now it again uses moving averages. Um, and I won't bore you with those details, but basically it has been incredibly accurate over the past three cycles, bull market cycles, 2013, 2017, 2021. Whenever the faster moving average has crossed over the slower moving average, it has marked the cycle top, right? And so far, we're still very far from any of the slower moving the faster moving average moving over the slower. So, that's a good sign."

"World Liberty Financial has just that. Damn straight. So basically, this is a project. This is the company called Alt 5 Sigma Corp. which is going to uh raise capital to buy $1.5 billion worth of World Liberty tokens."

"it's got only 5% of the circulating supply at launch so supply is scarce bigger impact on the price uh and also there's USD1 launch you know they the massive distribution they want to do this do with this and also the utility that comes from the token"

"the commerce department is literally going to publish economic data think jobs numbers PC we talked about the PC onchain and they using their Oracle partners because it's Oracle bridges on world real world data to blockchains they're using chain link and PF network"

"And the only way or the only way how I'm going to actually get bearish is if we actually fall underneath this previous low. So, we had the low, the high, the higher low, the higher high and we could make, you know, a higher low or we could make an equal low and then continue moving on upward and things will be absolutely fine. If Bitcoin closes the weekly underneath here though, then that will be cause for concern."

"And there's two areas that I would want to get in if I want to get into Pith which would be the 61.8 8 golden ratio right around 0.1577 and then underneath there we have this which is called the origin of the move and basically this is where the move started and this is typically where a lot of the price tends to come back down to. So one of these two areas is where I would want to get into pith."

"I'd be a little concerned because if we look on the higher time frame, you could see that this whole entire area was a really big uh big resistance. You know, huge resistance here, big support here, and now it's a huge resistance again. So, I think it's going to have some trouble uh going up above here."

"And so once again, if crow comes back down to what we call the origin, well, not this is not really the origin of the move, but this is what we call a bullish order block. Um, I would want to get in here because it lines up with that golden ratio, the 61.8. my favorite indicator to be honest at around 16 cents."

"And I would love to get in to story protocol somewhere down here. I'll put my stop underneath these lows because I really don't think that it's going to fall underneath here."

"And also so much more so for altcoins, right? Cuz altcoins are high beta bets on Bitcoin. So if Bitcoin is going to fall in a September, altcoins will fall even more."

"The first thing we need to talk about is one that's been on everyone's lips um at least until everyone started talking about World Liberty Financial and that is the prospect of a rate cut from the Federal Reserve."

"It's pretty much guaranteed in terms of probabilities 90% or so that the market thinks we're going to have a rate cut in September."

"this cycle, the institutional presence this cycle is with crypto ETFs, they'll absorb potentially absorb a lot of the selling pressure that you could that you could have from these whales who are coming out now and selling some of the OG the OG Bitcoin."

"September 5th non-farm payrolls economic data 75K expected and 73K previous."

"Trump is going to get his choice of Fed governor in May next year. He's going to choose an Uber Dove. He's firing he's trying to get rid of the current Fed governor Lisa Cook so he can insert someone else to exert control over the board. And we've also got Steven Moran coming in who is his economic adviser as another Fed board."

"I think that uh let's get past the Fed e let's get past the first rate cut in September. Let's see what happens with the economic data. Let's not also forget when you talk about liquidity and the Fed that uh Trump is going to get his choice of Fed governor in May next year. He's going to choose an Uber Dove. He's firing he's trying to get rid of the current Fed governor Lisa Cook so he can insert someone else to exert control over the board. And we've also got Steven Moran coming in who is his economic adviser as another Fed board. Trump is literally it's not good for Fed independence, but it's good for our bags if he's going to be an Uber dove, right?"