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TRUMP PUMP (Eruptions Market Report 1-17-24)

Bitcoin led a broader cryptocurrency market rally Friday, boosted by encouraging economic data and reports about what President-elect Donald Trump may do to bolster the digital asset when he takes office next week.



Remember last week when there were bearish headlines flooding the market as Bitcoin crashed?


Remember how I said DO NOT sell?


Absolutely 0% of price action is news driven. It is 100% LIQUIDITY driven.


Whales (the financial elites + deep pockets) push bearish news when they are buying, to get retail to unload their bags out of fear.


They push bullish news to push prices higher to create exit liquidity, to get retail excited, handing more and more of the life savings over into their already deep pockets.


Then when everything crashes, they blame a "financial contagion" or "black swan event" that no one saw coming, when in reality it was carefully planned months or even years in advance.


This is the perpetual game of markets. Pure psychological warfare designed to steal all your money.


The only way to win is to play the game of the whales.


I've spent the last 5 years studying, which is why I'm ahead of 80-90% of these moves.




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