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#Crypto #Bitcoin #Ethereum
Hey E.T Fam! It’s been an interesting week already. There has been so much drama in the crypto charts, that we could seriously consider creating a soap opera based around price action. The market has been choppy to say the least. Bitcoin doesn’t know whether it wants to push back up to $60k, or chill in the mid to high $50k range. Meanwhile, ETH has decided to regain some steam today.
Of course, this has caused some chatter on Crypto Twitter. The ETH enthusiasts have been doing a bit of a victory dance while thumbing their noses at all of the doubters that had some unpleasant things to say about Ethereum recently. What we’re witnessing is an event that is very similar to 2017, when ETH broke out against BTC. This could be the catalyst to alt season picking back up. Also, there has been some discussion around Jerome Powell and his announcement of his plans to speed up tapering.
It’s suspected that this announcement is one of the catalysts that has caused some fear in the market. My conjecture is that regardless of what Jerome Powell is planning, the economy is too far gone for his plans to have any significant effect on crypto. A quick look into any on-chain metrics charts will prove my theory. At this point, it can almost be viewed as irresponsible to not hold any crypto. Inflation is getting worse, but the money printer will continue to go brrrr….meaning that more stimmy checks could be on the way.
Soon there will be drastic consequences as a result. It is your obligation to protect you and your loved ones from the inevitable fallout. It is my desire to help you all accomplish this task. This is why I dedicate my time to educating and updating the community on all of the happenings within this industry. That is why it is imperative that you all stay locked into the content on this channel.
I will be delivering important and time sensitive alpha throughout the month of December. See you soon E.T Fam!
00:00 – Intro
00:55 – ETH-BTC chart
02:18 – Bullish until mid 2022?
02:59 – L2s bullish for ETH
04:11 – Highrise Creature Club NFT drop most successful launch on Immutable-X
05:23 – ZK-Rollups and Metaverse are the main trends
06:28 – ETH : Bullish abandoning
07:01 – ETH to flip BTC?
07:28 – ETH is ultra sound money
07:49 – Twitter new CEO bullish on ETH
08:30 – Inflation, inflation, inflation…
09:17 – Outro
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR