December Crypto Analysis

Wow. A lot can happen in a few weeks. The US Election Day feels like a lifetime ago already. I was awake for 2 days over that time and watched every aspect of this event. It was fascinating to see how the system works and in the end it didn’t disappoint . A few key aspects that made the difference with this result for me were Twitter (X aka Musk), the podcast with Joe Rogan, the powerhouse addition of RFK, Vivek, Elon and Tucker. Their impact cannot be understated.

The crypto markets, in particular Bitcoin, were ranging for around 4 months leading up to this moment. It was certainly the catalyst that was being anticipated as what we have witnessed since November 6 has been a 35% rally in $BTC to new ATH and the Total Market Cap increased to just over $3T. $700b in new money flowing into crypto resulting in November printing the largest weekly candle for Bitcoin in its entire history. And the largest Daily candle for that matter.

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