There has been a lot of movement in the market this week with wall street bets - game stop, dogecoin, AMC… people are making money, hedge funds are crying in a corner… it’s all good until people start gettin’ rekt. I got this DM earlier today that I really want to make a response video to because I think a lot of people are finding themselves in this kind of situation right now which makes me super sad. So I’m going to talk through my own main two rules of investing - that if you also kind of take to mind … I think will you avoid being in the situation as this DM.

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​​📈 Market Overview

The astronomical rally in Ethereum is not showing any signs of slowing down. The bulls easily cleared the overhead hurdle at $4,000, which also pushed the biggest altcoin’s market dominance to over 19%. However, Bitcoin seems to have lost its momentum as it continues to struggle near the $60,000 mark. That has pulled its market dominance to below 44% for the first time since July 2018.

The entire Top 10 is traded in the red zone. Polkadot -11.9%, Litecoin -11.7% and Ripple -10.6%.

Market capitalization: $2.43T (-6.94%)
The BTC dominance: 42.48% (+0.56%)
Fear & Greed Index: 61 (Greed)

​​📈 Market Overview

Bitcoin gained 4.3% as cryptocurrencies recovered losses despite increasing turmoil on global stock markets. Ethereum also worked its way back above $4,100 but the bullish sentiment for Ether seen in recent weeks has begun to fade as traders question whether new all-time highs will be sustainable in the short term.

The entire Top 10 is traded in the green zone. Bitcoin Cash +17.6%, Cardano +11.5% and Polkadot +11.2%.

Market capitalization: $2.64T (+8.36%)
The BTC dominance: 40.71% (-3.78%)
Fear & Greed Index: 68 (Greed)

​​The UBS, Swiss Bank Opens Crypto Investment Option For Rich Clients

UBS now offers investment opportunities in crypto to its wealthy client. Due to the asset's volatility, this opportunity will be limited to a very small portion of the clients’ total wealth.

UBS CEO, Ralph Hamers explained that the plan is to meet its client's digital expectations and he's out to improve the Bank's digital services.

This shows more institutions are after the adoption of cryptocurrency in their plans.

​​The Latest Breaking News 📣

#1 EBay taps into NFT frenzy, allows sale on platform — link

#2 Thiel-Backed Block.one injects $10 billion in crypto exchange — link

#3 Cboe files to list Fidelity Bitcoin ETF amid regulatory test — link

#4 Palantir considering adding BTC to its balance sheet — link

#5 Indonesia considers plan to tax trade in cryptocurrencies — link

​​The Latest Breaking News 📣

#1 EBay taps into NFT frenzy, allows sale on platform — link

#2 Thiel-Backed Block.one injects $10 billion in crypto exchange — link

#3 Cboe files to list Fidelity Bitcoin ETF amid regulatory test — link

#4 Palantir considering adding BTC to its balance sheet — link

#5 Indonesia considers plan to tax trade in cryptocurrencies — link

​​The big Pre-Pump has made 31.89% profit. Congratulations. We take 6.89% fees. This Pre-Pump was for people who invested 0.25 BTC to 15 BTC. Please contact: @MichelleKellerCrypto for a payout.

💻 Exchange: Binance

📊 Coin: Polygon (MATIC)

🙋‍♀️ Pre-Pump Manager: @MichelleKellerCrypto

​​The small Pre-Pump has made 14.15% profit. Congratulations. We take 4.15% fees. This Pre-Pump was for people who invested 0.02 BTC to 0.25 BTC. Please contact: @MichelleKellerCrypto for a payout.

💻 Exchange: Binance

📊 Coin: MAKER (MKR)

🙋‍♀️ Pre-Pump Manager: @MichelleKellerCrypto

👆🏻 Next Pre-Pump is ready! Contact @MichelleKellerCrypto 📈✈️

​​📉 Daily Bitcoin chart review 📈

Bitcoin made it to the second dead cat bounce target zone at ~58k. Precisely 👌 Although BTC chart look ready to take another dip, bearish part of the week is left behind, so I am ready to be surprised. Besides stocks been falling for two days and only now look ready for a bounce. Same with DXY.

Now chart enter narrow consolidation range - this is especially clear visible with Bollinger Bands indicator. This often leads to sharp impulse move - pump or dump (nearest targets are 63k and 47k).

🟥 57680 - 58800 - 60100
🟩 56630 - 55000 - 53000

Momentum at daily:
12: choppy unrepresentative stage
11: AO ⬆️🔻 AC ⬆️🔻
09-10: AO ⬆️⬆️ AC ⬆️⬆️
02-08: AO 🔻⬆️ AC ⬆️🔻
28-01: AO 🔻⬆️ AC ⬆️⬆️

😱 Fear & Greed index: 68 (<= 61 <= 72 <= 73)

​​Gold Advocate Peter Schiff Ethereum May Surpass Bitcoin By Market Cap

Peter Schiff, major gold advocate predicts in a recent tweet that Ethereum will outperform Bitcoin by market capitalization.

The ETH/BTC pair has done up to %191 year to date. However, Bitcoin’s dominance declines up to 40 percent.

Schiff has shown a lot interest in both Bitcoin and Ethereum. However, while he shared his opinion about Ethereum flipping Bitcoin, he still supports gold.

​​"India ban crypto" was old FUD and didn't work so good anymore. Now this. Coal. To mine crypto. Wtf? What about sending SpaceX rockets to the orbit? Does it fly on sun energy? 😂

​​eBay Enables Sales of NFT to its 187 Million Buyers

Ebay has enabled sales of non-fungible tokens (NFTs) to its 187 million buyers on its platform, according to the company’s recent announcement.

The E-commerce giant said this is only the beginning and will help the company know what their community prefers.

Ebay also updated its policy to include the sale of NFTs. Also, very soon NFT inventory will be provided by trusted sellers who meet eBay’s high standards.

​​The Latest Breaking News 📣

#1 Vitalik Buterin donates more than $60M to charity after selling meme tokens including Shiba Inu — link

#2 Tesla stops taking bitcoin for car purchases, citing 'great cost to the environment' — link

#3 Bitwise launches ETF of 30 ‘Pure-Play’ crypto firms like Coinbase, MicroStrategy — link

#4 MoneyGram and Coinme partner to expand access to Bitcoin — link

#5 Brex partners with Coinbase and TravelBank to launch Bitcoin and Ether rewards program for businesses — link

What is tax-loss harvesting and how does it work?

Figuring out cryptocurrency taxes can not only be confusing but also kind of overwhelming. Now a lot of us probably aren’t thinking about taxes too much in December, but there may actually be things you can do before year-end to help reduce your tax obligations or even increase your 2020 tax refund… and that’s called tax-loss harvesting.

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I’m no tax expert, but I was curious to learn about this and so I’ve teamed up with my friends at TaxBit and worked with their tax attorneys and CPA’s to get a little more information on how this all works and how to better optimize your taxes.

​​#BTC (Update)

In daily timeframe Chart, Bitcoin is Moving Above MA128 (49812)..!!

In 2016-17 Bullrun, Daily MA128 has Played An Important Role & Now, Again It's Acting As Key Support Since MAY 2020.

In 2016-17 BullRun, Bitcoin Tested it 5-6 times & Went up from it, 📈

If Bitcoin Remains Above MA128, It'll be Good for Bitcoin & Alts as Well..If Bulls Lost the It then Bitcoin Bullrun will End Soon like 2017. 📉