Crypto Megathread V31 - We’re all gonna WAGMI it!

[GarbageGuy]

They can hawk all they want, they literally have no option but to stop rising and soon lower.

well thats not true. in the 80s the funding rates went up to 20%, caused by rising energy prices, government spending (printing money), and rising working wages...

sounds similar?

 

[meauneau]

I just want 1k LINK

 

[Rob Battisti]

well thats not true. in the 80s the funding rates went up to 20%, caused by rising energy prices, government spending (printing money), and rising working wages...

sounds similar?

The interest on the debt is way too high as it is. It’s not necessarily apples to apples. Things are breaking and I suppose the could just break it all but that’s so unlikely

 

[GarbageGuy]

The interest on the debt is way too high as it is. It’s not necessarily apples to apples. Things are breaking and I suppose the could just break it all but that’s so unlikely

20% is unlikely but a continuation in rising rates can go on

my wallet doesnt not feel like inflation is slowing down

 

[Rob Battisti]

20% is unlikely but a continuation in rising rates can go on

my wallet doesnt not feel like inflation is slowing down

Oh believe me — inflation is NOT coming down. It will slow over the next 6 months. Impacts from rises take 6-9 months to have effect.

 

[meauneau]

 

[TeTe]

@GarbageGuy I was watching Jayson Caspar doing some charting yesterday and he made a pretty compelling case for the BTC bottom being in already based on the all time BTC chart. Everything looks very similar so far level wise based on previous cycles.

What do you think?

 

[GarbageGuy]

@GarbageGuy I was watching Jayson Caspar doing some charting yesterday and he made a pretty compelling case for the BTC bottom being in already based on the all time BTC chart. Everything looks very similar so far level wise based on previous cycles.

What do you think?

it does, but the main difference is that BTC had never spent time below the weekly 200MA and had never spent time trading below the monthly 50MA either.

for all we know were just doing a bearish retest of the july 2021 low at 28.8, its also looking like a bear flag could form on the weekly timeframe

just a few things to keep in mind

 

[Rob Battisti]

25 points and pausing future hikes

 

[Rob Battisti]

I was told there would be moon

 

[GarbageGuy]

25 points and pausing future hikes

the 0.25 hike was already price in

FED said again that they will continue to fight inflation so i'm expecting the market to not take this positively

 

[meauneau]

Is anyone buying ARB tomorrow?

 

[GarbageGuy]

I'm not
Price always goes lower than launch

 

[Rygu]

RIP alts

 

[GarbageGuy]

Going back to 25.2 and retest the breakout imo.

Im gonna wait until there

 

[Rob Battisti]

Going back to 25.2 and retest the breakout imo.

Im gonna wait until there

<{CMPALM}>

 

[Chesten_Hesten]

 

[chill doggie]

Ahhhh…. that’s no good.

Up.
I like it when’s it up.

 

[Rob Battisti]

I feel like I need to stack a little more ETH

 

[TeTe]

the 0.25 hike was already price in

FED said again that they will continue to fight inflation so i'm expecting the market to not take this positively

I'm ready to buy more BTC.