Crypto Update: BTC Fib & Elliot, AVAX, SOL + MicroStrategy's Price Prediction update

#BTC #Solana #Avalanche #Microstrategy #BitcoinTA #FibRetracements #ElliotWave
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TA Tuesday and Crypto Market Update

0:00 The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.

0:30 Red Day – Except AVAX and LUNA

2:00 Another 3.5T Approved
Money printers… 1 trillion for infrastructure and another 2 1/2 trillion for thick social blanket elements period here we go for bitcoin

2:20 Running Economy “like not interested in reserve currency status”
Jeffrey Gundlach – BONDKING – said the Chinese economy will be largest in the world – maybe 2028, C19 hurting things

4:00 US Home Prices – Faster than 2008
Fin Crisis
US Home Prices Are Climbing Faster Than the Mortgage Bubble 15 Years Ago

4:50 PlanB Fall of Capitalism?

5:00 Feb 50K vs Aug 50K – Delta = Accumulation
ecoinometrics (@ecoinometrics) Tweeted: 1 Good news. Compared to February, when #Bitcoin crossed $50k for the first time, the on-chain dynamic has changed:

6:00 Base Case 96K
Wave 3
Wave 4
Wave 5

7:00 Bull Case 178-190K
Wave 3
Wave 4
Wave 5

8:00 IA TA Elliot Fear
Key items to point out here are the Death Cross sad face and golden cross coming in a week. Many are seeing scary signs like Elliot wave and a micro version of what we had up to ATH

9:00 Bitcoin Fibs – $46,100 Support
But in defense of that, I see a potential retracement to .768 level ie 46100 levels. Then the .618 at 42500 – previous resistance.

10:00 NEW IA Bitcoin Bullrun Bell Curve

11:20 Drainage Reversal
Last 3 weeks big drainage has reversed. Time for some rocky times – this could bod bad for short term BTC price unless it reverses

12:20 Number of ST Bitcoin holders at an all-time low
A record 84% of Bitcoin’s supply has not been moved in over 3 months.

13:00 Lightning Network @ a Tipping Point
Grown 6x in 6 mths, now – “It’s no longer just the future. Lightning is here.” this could become the base layer for the global bitcoin payment network.

14:00 Hashrate Doubles in 2 Months
As the above graph shows, the Bitcoin mining hash rate collapsed during June of this year, and hit a low of 52B GHs towards the end of the month.

14:25 Solana vs Avalanche
Since April – SOL still winning – up 300% and AVAX up 86%

14:50 Solana vs Avalanche – Last Mth
Last month AVAX up 400% and greater than 20% today SOL only up 162% and AVAX up 400% – timing is everything.

15:40 Microstrategy $MSTR News
Microstrategy $MSTR Future Price?

17:00 New Updated MSTR Buy & Sell Limits

19:30 Another Bank Bites Bitcoin

20:00 JP Morgan – More Metal Manipulation

Crypto Update: BTC Fib & Elliot, AVAX, SOL + MicroStrategy's Price Prediction update

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Kane Dane