Deleveraging in Bitcoin (Crypto) Will NOT Save Christmas!

[AlbertaFarmer5]

Errol, or others, I keep reading experts claiming that central banks have no bullets left, that they can't print their way out of the current situation.

But I've ever seen any valid explanation as to why that would be the case.

[errolanderson]

Occurring right now . . . .

Fed QE started again (they are calling it by a different name, but the same fiddle) and crypto bulls still getting demolished.

NASDAQ dump Friday meaningful despite Fed rate cut and money printing. AI profitability has taken a hit and may have peaked. Huge stock market warning that the tide is starting to go out.

Japan has the debt market controls now, not the Fed. Japan’s liquidity engine seizing-up. Now Bank of Japan is set to hike rates later this month. This is bearish their debt market, liquidity and cryptos in-general. This is a direct incoming hit to the American economy and market. Japan is a major U.S. debt holder. Now Europe hinting they may dump U.S. debt.

Crypto bulls following promoter BS are in disbelief and don’t know what just hit them. All these big names, caw cawing enormous returns with no effort. Get rich easy. No such thing. Now the fallout.

Apologies for my sarcasm, but economic reality is bubbling to the surface.

[AlbertaFarmer5]

I can buy that logic.
The emergence of BRICS could make it different this time.

In recent decades there were no viable alternatives to the major world currencies, who have been engaged in coordinated Mutually Assured Destruction. As long as every other alternative currency was equally irresponsible as your own, everyone could continue to print without consequence.

If BRICS provides an alternative to fiat currencies, money printing will have actual tangible consequences as compared to the alternative.

[agstar77]

Occurring right now . . . .

Fed QE started again (they are calling it by a different name, but the same fiddle) and crypto bulls still getting demolished.

NASDAQ dump Friday meaningful despite Fed rate cut and money printing. AI profitability has taken a hit and may have peaked. Huge stock market warning that the tide is starting to go out.

Japan has the debt market controls now, not the Fed. Japan’s liquidity engine seizing-up. Now Bank of Japan is set to hike rates later this month. This is bearish their debt market, liquidity and cryptos in-general. This is a direct incoming hit to the American economy and market. Japan is a major U.S. debt holder. Now Europe hinting they may dump U.S. debt.

Crypto bulls following promoter BS are in disbelief and don’t know what just hit them. All these big names, caw cawing enormous returns with no effort. Get rich easy. No such thing. Now the fallout.

Apologies for my sarcasm, but economic reality is bubbling to the surface.

U.S. is losing about 50 thousand jobs a month. This is unsustainable.

[AlbertaFarmer5]

U.S. is losing about 50 thousand jobs a month. This is unsustainable.

Is this sustainable?

Canada has added a significant number of public sector jobs, with studies showing around 950,000 government roles created between 2015 and 2024, accounting for roughly 30% of all Canadian employment growth during that decade, outpacing private sector expansion. This growth brings the public sector's share of total employment to about 21.5% by 2024.

[shtferbrains]

Large part of the reason for gold price rocketing is some of the BRIC's buying it by the ton for their reserves.
Huge demand, limited supply.

[errolanderson]

Now U.S. banks have been either brainwashed or forced to allow Bitcoin as collateral for loans. Ouch!

Warren Buffet has to be reeling with bank economic ineptness and desperation to keep the gig rolling. His ginormous cash position may allow him to pick up the pieces of this financial wreck for pennies on-the-dollar.

Bank of Japan rate hike on Friday. The liquidity rug is getting pulled . . . .

[errolanderson]

Bitcoin: All 2025 gains now wiped out . . . .

[agstar77]

Looks like a double bottom.

[TechAnalyst]

Errol's chart looks like it was the Dec. '25 contract. This is the chart of the nearby (most active) continuous daily contract.

No double bottom in the big picture. Bulls better make sure support at $74,800 holds (if tested)...