Loosing this level is really bearish and we could see 30k again

This was my #SHIB chart as reference for altcoin market and specially for meme, and was the cause why i predicted only a bullish bounce february and april saying we are in bear market.

Crazy how was been respectfull, and like a clockwork market dumping hard on may

If market will not start to recover on monday we are fucked, will be a photocopy of 2017-2018-2019.
We will forget about many 2021 bln project that will go slowly to 5-10mln mcap

Time to read it again. Where 2022 has been predicted in all its aspects so far. Its a usefull reading for understand from an macro-economic point of view

https://twitter.com/criptopaul/status/1481304767691472904?s=21&t=FNfPZPKuNl6p2dFKOtq1hQ

#btc

Slow decline with really poor volume at this level, 48k fake breakout, 45.5k still the level we need to watch. I think we could see this scenario after FOMC, for me we’ll have some relief on tech market, stocks and crypto.

#BTCUSDT #fed #FOMC #Powell

Summarize:

Going to happen and having fun, 0.5% hikes was clearly on the table, little chance was for 0.25% ..


the market was actually waiting for Powell's words regarding the balance sheet and QT, the decisions have been less aggressive than expected for now. Talk continues on how to avoid recession, this summer will be more critical, when Fed officials can assess how quickly rate hikes induce a slowdown in household and business spending and whether this slows the pace of inflation. In reality in my posts and threads I have never talked about recession, most of the crises have been caused by the loan and mortgage market, since 2008 the market and its policies have changed in the face of crazy speculations to avoid these crises. cyclical. Powell in December had to choose between two alternatives, aggressive hikes or be more accommodative and accept a slow decline in inflation which is currently at 3.6% 5-year average and 3% 10-year average. This makes us understand that we will not see a Volcker 2 like in the 80s and the recession will be so short that we will not even notice it but they will be years of savings in reduced spending, increasingly confined to smart working. We are probably going to see the economy revolutionize more and more, especially in favor of the digital one, which is why we cannot do without the emerging DeFi crypto market through stablecoins.

My vision continues to be the one summarized in this post and entire thread:
https://twitter.com/criptopaul/status/1481304839955128326?s=21&t=ne3kuZomv2eAasx9qKk_KQ

A thread where i put some serious questions

#BTC 

I tried to be optimistic in recent posts but probably had to leave emotions aside like i was here above and like i warned for all 2022.

If market will not start to recover on monday we are fucked, will be a photocopy of 2017-2018-2019.
We will forget about many 2021 bln project that will go slowly to 5-10mln mcap

Prolly this was last hope. What we can expect now after a big downside move is a fast bounce to 36' level and a continuation of downside to 30-33k

And bouncing

#BTC
Some considerations on possible bottom as in July.
Market conditions are different as explained in my pinned thread, fed was dovish , we were coming out of the third covid wave, we had no war and inflation skyrocketed.

We are in the middle of a restrictive monetary policy, therefore no more money printed that enter in the market for support buy pressure/ask. It will take several months, maybe years before to see macro structures of bottoming out specially for #altcoin.

Well a clear reaction at 33k as imagined.

It will be a psychologically exhausting 2022. Only accumulate as much BTC as you can below 30k

Expecting bullish February as stated many times. We will see new low. Move accordingly that we are in bear trend, and a bounce is equivalent to a retracement, until bear trend is invalidated with multiple higher higs.