Traders have yesterday started to doubt themselves on where the markets are going. Apart from BTC's steroid move (which was news based and these type of news fade away), nothing has changed. We will stick with our plan because charts are still bullish. Six months ago if I was to tell you to not panic when BTC drops to 104K, you would say, 104K? We need a correction for BTC. Alts are resilient in that their losses are limited and they have 30 days of growth ahead of them. The worst thing you can do right now is abandon your narrative and in despair make harsh moves. Step back and let the market unfold.

I will be posting live in premium chat during Powell's speech.

I cannot stress enough the importance of Wall Streets reaction today, to yesterdays events. Remember how I said in the report that markets tend to forget easy and one of the reaction is buying the dip. Currently pre-markets are up. Two good days is all that Wall Street needs to reclaim losses. Now look at crypto, which I said is more resilient. Look at Alts. One day is all that crypto needs to reclaim losses, but we will need two. All eyes are on Wall Street. If it goes green, we have 30 days.

In case you missed the AMA :Up until the 18th I was bullish until the end of December. Then we had the FOMC meeting in which Powell wanted to have a strong economy in 2025 by waving goodbye to QE. Markets picked on fewer cuts and dropped the ball.The DXY is now killing the market and BTC dom is rising, chocking Alt season. This may be a game changer, depriving us of this run at the worst possible time. The inauguration on the 20th of January is a very strong fundamental factor so the markets will try and hang on until that date. Everything is turning bearish on lower time frames but there is still room to move on higher timeframes.
After the 20th (possibly the same day) the following will be announced.
-How big tariffs will be.
-Their timing and their duration.
-What goods there will be tariffs.
-Which countries goods there will be tariffs.
-How these tariffs will play with the prices.
-How markets will react to that.
-How other countries will retaliate.
-US BTC reserve policy (this last one is sell the news).
Nobody knows the above factors but if they are vicious the markets will react badly. I feel that Wall Street wants to go down before it goes up again, and BTC will follow, but we have until the 20th of January to do so.
The FED’s decision for less cuts next year is done solely for the purpose of protecting the economy from runaway inflation (even with the upcoming tariff policy), a good, solid tactic that would avoid an economic downturn, both to markets and to households, resulting in a steady growth of the economy. In other words, this would protect us from any dark clouds in 2025 giving us a full steam ahead for our second top.
What does this mean as far as direction? I believe that February and March will be red months. After mid-April, a tighter policy will ensure to avoid spikes in inflation and the economy will grow. I see green until the end of July. These 3 months will give ALT season a final chance for this cycle. After summer, we go down until the end of 2025.
Much love
Mr. S

On my report during the AMA, I mentioned about strong fundamentals coming into play. During these days, I expect some comments from heavy weights of the new administration in relation to crypto. These comments will be positive and will play a crucial role in the alt run. Also, some attention was paid to Powell's comment in not allowing to own crypto and that he wouldn't pass any laws concerning crypto. Know that all employees of the FED and the SEC amongst other agencies, by law, are not permitted to own crypto/stocks for obvious reasons. As far as laws are concerned, the FED does not pass any laws. The senate takes care of that, and what ever laws are passed, the FED is obliged to follow.

It looks like it wants to hit this level (red square box). For the scalpers out there, once hit, expect a bounce up.

As predicted, perfect bounce from the red square. If you scalped my levels (I didn't) you did well.

Happy holidays to all. Here's to love, prosperity and health.

This is the general out look. There are 3 patterns here, the white channel (ascending), the yellow trend line (ascending), and the blue triangle (sideways).

For now, BTC is still within our blue triangle, hovering along the lower blue trend line and continue to do so. I don't think that currently it has the strength to reach the 95455 level. This is valid for the next 9 hours. Under normal circumstances this would benefit ALTS, but there's fud being spread in EU about USDT discontinuation. Know that this is NOT the actual case. From the 1st of January, traders have 18 months to convert USDT pairs to other stables/fiat. It will not be banned from day one. I can assure you that within these 18 months, USDT will be MICA compliant.

We are again within our blue triangle. There should have been a dip 4 hours ago, but there wasn't. There is supposed to be a dip 2 hours from now, so let's see if bulls win the last day of 2024. Alts showing strength again but I believe that true strength will come from the 6th of January onwards.

By now you have been informed of D Man, J and Alfred retiring. We are still cruising and J will inform of you of all changes. There will be some changes but my membership fee will remain the same.

As you are aware, the free chat has also been retired. I will try and find a way for us to keep communicating. I think that this is essential.

From now on, our subscriptions will be processed via Telegram Stars – it's the easiest and simplest solution for everyone. You can buy Stars either with crypto on fragment.com or using a credit card.
If you are a new member and want to join Premium, click on this link and follow the instructions: https://t.me/+hTBCSz-Kb_g3M2M0
All current Premium members have 30 days of Premium access for free starting from today. To renew your subscription after this period, please follow the same link: https://t.me/+hTBCSz-Kb_g3M2M0

The star payment will be the equivalent of roughly $10. I still have to figure out the telegram commission fees.

That's $10/month for membership.

With D Man retiring and the changes that we have to make with the migration, know that nothing will change with this group. It will simply move to another tg channel and you will get the same service with the same fee.

In the mean time, DO NOT make any more payments, as all the service will be free for January. There are a lot of scammers out there trying to take advantage of migrations and this seems to be a generalmproblem with all platforms. This will be the major danger for our chat channel. My intention is for all premiums to get an invite link to a chat channel when everything is running, but I have been warned that a scammer will simply pay the $10, enter the channel, and start doing damage by trying to scam you. With J gone, its all up to me and telegram bots to keep tabs on everything. This is all new to me so its step by step. I know that some of you paid 2 or 3 months in advance (even though I insisted on monthly payments), but I will try and find a solution to this. I repeat, DO NOT make any payments because January is free. Beware of scams.