BITCOIN PUMP TRAP IS BACK! STOCK MARKETS ARE BOOMING! (The Everything Bubble Warning)

BITCOIN PUMP TRAP IS BACK! STOCK MARKETS ARE BOOMING! (The Everything Bubble Warning)

it’s been a big 24 hours for the markets we’ve seen the latest CPI the interest rate announcements and in the next 24 hours the PPI announcements so what’s happened to bitcoin cryptos the stock markets and of course the real estate cycle we got a massive video to get through today with a huge update make sure you smash the like button you’ve joined me Jason Pino on your home of macro cycle analysis covering Bitcoin cryptos the stock markets and of course the real estate cycle where we see the massive everything bubble continue to play out time and time again more on that in today’s video but I do have a massive announcement for you guys with a new Traders group now I’ll get into that a little bit later on in the video but of course if you haven’t subscribe do that as well Shields are out of the way let’s have a look at the data that has come through which is the most important piece of information until the next meeting core cpi2 the forecast was. 3 C CI month over month slightly down CPI year over year slightly down so this is all good news federal funds rate remains at 5.5% and it doesn’t look like the FED wants to cut rates anytime soon and soon is up to your preference to me soon is with over the over the course of 2024 and yes there is a hint here of a potential cut in 2024 however as we been pointing out here on the channel for several months now several months you can see that’s January and we were talking about this in late 23 doesn’t look like the market gets it right all too often we think there’s still going to be more and more pauses along the way and even if they were Cuts well it doesn’t necessarily mean it’s going to affect the economy too much this is from Jerome pow’s mouth on Wednesday uh a single quarter percentage Point rate cut by itself wouldn’t have a big impact on the US economy with the path of policy being the more important Focus so if you saw a 25 basis point cut and then it rise again it’s probably more or less the same thing so what people are waiting for are multiple cuts at least that’s the way I’m seeing it with the economy and it doesn’t seem like that’s happening so if that doesn’t happen then I think they’re going to have to get more used to rates at this level or maybe higher over the coming 6 to 12 maybe even 18 months because of how much the markets have continued to pump in the face of interest rates remaining at 5.5% the market got it so ridiculously wrong over the last 6 months and the mark and the prices of the indices have continued up stocks the majors the strong ones have continued up and of course well we know the history of Bitcoin over the last 18 months going from 15K to 74k now still sitting around 67 so that’s the update for the interest rates nothing has really changed until next time we’ll continue to see what happens and whether it affects the market but overall I think the Market’s really coming to grips with these higher interest rates because you’re seeing it in the stock market those prices continue higher so even though the masses want cuts it doesn’t seem like it’s going to happen based on uh prices continuing higher call it inflation call it money printing call it an everything bubble call it whatever you want the prices are going up and unless you hold assets it’s going to be harder to buy those later on and once that catches up that’s where you get that big Winners curse phase as we talked about in uh the last few videos where you continue to see this Market push up in the face of any sort of flash dumps or uh bad news as I’ve also got um here as well as for the real estate prices they have also continued higher the US was up 2 trillion in 2023 it’s sitting roughly around $47 trillion do for their real estate values and now I think that’s undervalued here because Australia is somewhere around $10.7 trillion and I would expect the US to be more than four and a half five times the value of Australia’s real estate with our population being under 30 million and the us being over 300 million so the numbers either way they’re extreme and they’re hitting new fresh highs that’s all part of this bubble that we’ve been talking about here on the channel going into the winners curse phase where or we are in the winers Co phase where you continue to see these prices go higher and higher in the face of seemingly bad news and the bad news just keeps getting brushed off and brushed off this was bad news n days ago it was literally headline news 63 US Banks on the Brinker collapse with 500 billion call it half a trillion dollars and to me at least for my experience this is what you see as a raging bull market and in everything bubble when you’ve got bad news like this and it doesn’t do anything to the price of the index and that continues to new all-time high prices well there’s only one way I think to look at it for now is that you’re in a massive bull market bad news is not affecting the market in terms of the data you can clearly see it’s not affecting the market as we’ve seen 322 days since a -2% down day on the market so this is one of the largest ones in the last 10 years well second largest as you can see here on the chart essentially the market has been going up and there’s been less than a 2% move to the downside in any one single day eventually something will break eventually you’ll see a move to the downside but as you can see over the last several years even when that does happen the market has continued up because of the stage of the cycle we’re in and in terms of real estate that continues higher why does this keep on happening well the real estate market hasn’t broken yet yet and I think there’s still a little more time based on the data that we are seeing unless the real estate market breaks down the rest of the economy the rest of the stock markets the jobs and everything like that are going to continue higher that’s what H has happened over the last 200 plus years and I don’t see it changing anytime soon no matter what differences are coming out this time is this time different in certain aspects yes but in the underlying understanding of the economy and the cycle real estate prices have not broken down there’s nothing that has fundamentally shifted yet there will come a time where that happens and the winers curse phase is over and we turn and drop but it’s probably best to continue to ride that bull to the upside as you continue to see the numbers push higher and higher they have gone on the S&P 500 and the NASDAQ today a new all-time high daily close you’re probably getting sick of me saying this that that’s what happens in these bubbles new uh prices here new fresh highs and higher closes and then the after hours has opened at 5,500 points on the uh on the Futures Market here the NASDAQ same sort of deal new all-time high price new all-time high daily closing price and then the after hours Market which is this little dot here at the top here at 19,000 860 so getting very close to the 20,000 Target it looks like it’s busting through these prices at the moment however I am cautious to wait for the actual session to open because maybe you get a little bit of an open here and then a close there that would be your big reversal bar it’s been a rough sort of trading range as we’ve been looking at now this has been a pretty big move to the upside so I want to see how that plays out in the session in the next 24 hours so when the Market opens again this Market’s been obviously driven by this apple AI highight new alltime high price now we can move this to the next bar new high volume extreme volume there actually some of the highest it’s seen in its you know recent history as for the daily you’ve got a slight close under the 50% level but again that’s very very short term it seems like the market is signaling it wants to go higher over the long term even if you do get some sort of Correction I wouldn’t be in the camp that is trying to look for shorts all the way up otherwise it could fall in the camp of the Nvidia short players who continue to try and short Nidia on the way up trying to short Facebook on the way up again out of that pretty low price there it was under 100 bucks over a year ago and these markets continue higher and of course Amazon getting closer to highs again so that’s another new all-time high price in the stock markets which is no wonder why you’re seeing a lot of these uh well the indices S&P and the NASDAQ hitting new fresh highs so let’s take a look at cryptocurrencies the fear and greed index still in greed at 70 not much has changed here over the past few months going back over the course of a year still sitting relatively High there on the fear and greed index as for Bitcoin last night after the news you saw a pump up and now a correction on bitcoin and if you weren’t trading it on the hourly chart chart then none of this really matters you had to move up got all the excitement you got to push back down got all the fear back into it and overall unless we’re going to see close is back above the tops now so you can see there’s a bit of pressure coming in there at about $70,000 I wouldn’t be getting too excited for any moves past uh the current tops there at 72 so you’ve got the resistance there at 70 that would be the first case to close above to then test 72 again so far Market or Bitcoin has been failing at 72k for the last few months so at the moment still above the 65 still below the 72 trading range continues now which it has been for about three weeks so not much to do here with Bitcoin which is probably why if this thing isn’t cooked why you’re still seeing the the greed remain in the 70s or uh could potentially drop into the 60s but the main deal here is price has remained in a trading range and we’re not seeing too many differences here what we are seeing a few differences are on is the total cryptocurrency market cap now we got a lot of cryptos to get get into with you in just a moment but I do want to make a huge announcement to our ultimate Traders accelerator which has now just been soft released to our members this will become public soon uh but if you do want to learn more about that or know when it becomes live subscribe to the free email report link is in the top of the video description right here and you’ll get the free email report you’ll get notifications of when you’re able to access the UTA and we’ve also got an end of financial year sale on TIA premium for everyone probably the Aussies are going to make the most of it tax ‘s coming up you could potentially get some tax refunds on any sort of Education that you do but of course you’re going to need to check with your accountants but if you want notifications on any of those things this is the best place to get notified TI crypto.com subscribe and you’ll also get that free email report quick shout out to our Traders over the last 24 hours since I showed you this yesterday getting some nice gains here on their trades so well done to you guys killing the game over there all right let’s have a look at altcoins now Tia crypto total market cap still putting in higher lows for the time being you’ve got your April low here and also the January low so I’ve been referencing the April low quite a lot because several of the altcoins have been holding above that particular low and for me that is the first level of support that you want to see this Market hold the level below that is around the January low and I say the date so that you can reference this for your individual altcoins of course there now hundreds of thousands of them and that level is going to be the key significant level if you start to see these markets drop back underneath these zones that would mean we go back into some sort of reaccumulation range and it’s just going to take a lot longer for the market to pick up steam again so it’s not like it’s the end of the world but it’s not what I would want to see as an analyst if we’re going to see an altcoin season later this year I think a drop back under 300 billion for the total market cap excluding stable coins would likely mean far more time until we saw an ALT season so this is the total cryptocurrency market cap excluding of stable coins as I said and of course Bitcoin and eth now I’m going to turn this one off so we hide this and bring out the total cryptocurrency market cap this one includes the stable coins I’m just going to throw up the lines here and that is our level there for um the market including the stable coin so roughly around 500 billion is the first level 550 billion and then the level below that is this low at 440 to that previous top there around 400 so if you’re following either chart they are the levels that I’ll be marking up to understand that timing of that next alt season then it puts the alt season in doubt but it could happen just going to take a lot longer with that in mind let’s look at some of the strong altcoins and recap those we got render at the moment so this is on a weekly chart this is the April low reference the 50% reference and then the area that I wouldn’t want to see these cryptos get under so kind of like an invalidation level I put invalidation levels on all of my charts so that I can get a view quickly of whether the coin’s remaining strong or if is it slipping into a weak stage now for some uh it came up in in the comments yesterday and I think a couple of days ago on the videos when it came to alt coins is that some people would prefer to pick up falling knives if you do want to pick up falling knives then you must have a stop or an invalidation level in case that knife keeps falling there’s only so many times you want to get cut before you get out right now if you want to do what I like to do with some of my trades is get on board with a moving train that one there means you’re going to miss out on the lows but typically the people who are buying the lads the dips the dips the dips have an average price somewhere around where that market confirms the trade is back on with the trend and probably even higher than that because they’ve been trying to buy a hell of a lot of dips on the way down and then their average price is well and truly High because they have a lot of money to begin and then they have a lot less money to put in at the bottoms so it comes down to the individual Trader I hope that makes sense that is how you’re going to win at this game it’s not just about trade signals trade signals if you don’t know how to use them then what’s the point it’s like driving if you if you know the rules to it but you don’t know how to drive then you’re going to get screwed either way because you still don’t know how to put the accelerator on how to put the break on it’s all in theory here’s a signal go go and don’t take the car out and drive but you’re probably going to have an accident and that’s what happens to the majority of people they have no idea about invalidation levels and uh essentially risk management anyway enough of my little rants there stay on the right side of the market it’s probably the easiest way because at least you get on board with the trend and the Gan swing indicator one of the easiest ways to identify the trend and have significant uh areas of support and resistance entries and exits pre-programmed for you here so render still looking like it’s on the stronger side although you can see lower prices you want to have some sort of invalidation level I said that enough times injective is looking interesting uh this was one that I had talked about being cautious of because of a similar pattern to link in the previous cycle these are the fomo bars here I say fomo bar because when you look at on the monthly that’s a big bar there and over the last four months it has reset that fomo bar does that mean we shoot up to high prices who the hell knows like I don’t know what happens on the black side of the chart who or the right side no one does but if we can sway the probabilities in our side and try to read the market to give us an idea of what might happen next well then hopefully we’re going to do better than most and what I’m looking at here is this potential reset and if you’re wanting to play the confirmation I would look for something above the 50% level here it’s on the injective BTC chart uh and the invalidation is of course underneath these lows the market has already dumped 70% against its Bitcoin value so it wouldn’t be a bad area to see some low form last time did about 88% there’s your confirmation there’s the invalidation could this be the reset that it’s needing to get going again I’m continuing to watch this one closely link was the one I was referring to here see the big pump the reset and it was not able to get going again it failed and then fizzled out for the following several or three years there so I’m cautious of that here for injective is it going to come higher and then fizzle out i’ just be quite cautious there something something else is looking relatively strong uh again with the meme coins Pepe I know we checked this out yesterday but you can see that broke higher after the pump and dumps on several other cryptos this little break higher here could signal a little more strength it hasn’t had the same sort of correction that it did in the previous correction 64% it’s only down 35% here still above the strong 50% level still above the April lows and a long way from that so any sort of Correction here would still keep it in a relatively strong position um relative to other cryptocurrencies so I don’t want to get people confused to think that I’m saying these are going to go up from here I’m just looking at them in terms of relatively strong position compared to other cryptocurrencies okay on to uh render versus US dollar so we had to look at render versus Bitcoin now render vers USD also had a bit of a turnaround here higher low still forming and even if this is to break down seven bucks there and the low here is 635 it’s only down 54% total from that top and previous moves that one there was 56 so relatively balanced I would still be okay with anything around that particular Zone 5 to eight bucks as um you could still see some support coming there for that next move should we get that next move so it’s still in a relatively strong position compared to other cryptocurrencies so I’ve looked at Pepe I’ve looked at render looked at injective as a a different look there now what a week chart would look like forget the name up here I won’t reference it in case anyone gets triggered that’s what a weak chart looks like against Bitcoin and you would likely see lower gains than other cryptocurrencies whenever we see this next leg yes they will still see some upside yes you’ve still got people who believe that there are late Runners and all this sort of stuff out there but if you want to just make life easier and not try to pick some sort of late lagged Runner well it’s up to you I mean do what you want that’s fine but it’s not my cup of tea and you can see the low here the next low it just it literally found a new low yesterday before it had a tiny tiny reversal and that is the October low where the market a lot of the markets pumped from and it broke down from that low it broke down from the April low which is a significant reference point here you can see the total Market is still above that April low and a weaker crypto is below that April low xrp another example below that April low and the January low as well right there so the January low was this reference here you can see the markets were up from that point and others have been showing relative signs of weakness compared to those significant low points now anything on my list here would be in a similarish pattern and continues to Show Low after low on a broader picture here over the course of months maybe not days but typically over months madic is also another pretty bad loser here now sure they will see some sort of moves to the upside but they’re probably going to be subdued compared to Stronger cryptocurrencies that have more legs to run madic also broke down from that April low that’s what this Spike low is here and January somewhere back here so again weakness follows weakness so there is your massive economic update new all-time highs on the stock market the everything bubble is here I think it’s a matter of time until Bitcoin eventually gets there is it today obviously not in my opinion still 91 days underneath that old all-time high and probably getting closer to that 4mon period as well reminder UTA soft launch is here check out the link in the top of the video description subscribe to the free report if you haven’t already and of course we got the end of financial year sale coming up uh for everyone and hopefully obies will be able to take the most advantage of that too so Link in the top of the video description thanks again guys I’ll see you back at the next video till then take care and peace out

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🔴 Video Reference Twitter/X Tweet – Altcoin Leaders vs Laggards
https://x.com/jasonpizzino/status/1795638943419105456/photo/1

Description:
A common response to stock markets in ATHs is “This is a sign that a collapse is near”. My response is yes, it is a symptom of a collapse but the timing is the issue. Now is not the time for a worldwide collapse. The Everything Bubble must do its damage first (to the upside) for a major collapse to unfold. The masses always arrive too late to the market cycle and stay too long. It happens every single cycle without fail. Avoid doing what the masses do when the buy and sell bitcoin and crypto. In this video, we analyse what is happening in the traditional markets, SP500 and economy right now including interest rate cuts and hikes, along with when is a reasonable time to take profits on Bitcoin and what strategy I am using with my bitcoin profits in the crypto bull market cycle.
*I reserve the right to adjust my outlook as more information and data come through for Bitcoin.

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Timestamps
00:00 Bitcoin, Economic Data, CPI, Interest Rates
04:30 EVERYTHING BUBBLE! SP500 Nasdaq AAPL
08:40 Bitcoin Trap
10:30 HUGE ANNOUNCEMENT!
11:30 Cryptos Next Move
18:45 The Altcoin TRAP every cycle.

➢ Disclaimer: This video is for entertainment purposes only. It is not financial advice and is not an endorsement of any provider, product or service. All trading involves risk. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. Swyftx, ByBit, BingX and Bitget are channel sponsors. All decisions you make are your own. #crypto #bitcoin #cryptonews